Gate News bot message, according to the official announcement from the project team Milkyway (MILK) project officially announces that the existing tokens have ceased operation. At the request of the project team, Gate has delisted the MILK trading market. Gate has distributed USDC airdrops to MILK holders, with an airdrop ratio of 1 MILK : 0.0005074 USDC. The airdrop distribution has been completed.

PANews January 23 News, the liquidity staking protocol MilkyWay announced the completion of its final community distribution: after converting TIA/INIT/BABY fees, a total of 92,708 USDC was issued, distributed to MILK holders, stakers, and LPs based on the snapshot; on-chain wallets have received the funds, and CEX users received theirs from the exchange; amounts below 1 USDC are not distributed, with an approximate ratio of 0.0005074 USDC/1 MILK.

MilkyWay has completed the final protocol revenue distribution, totaling 92,708 USDC issued, based on the final snapshot, for eligible MILK holders, stakers, and liquidity providers. MilkyWay will gradually cease operations due to decentralized finance demand not meeting expectations.

MilkyWay Protocol announces it will gradually shut down operations and states that the demand for decentralized finance has not met expectations. During the shutdown process, USDC will be distributed proportionally to snapshot holders, and protocol fees will be returned to MILK token holders.

Odaily Planet Daily reports that LaserCat posted on the X platform stating that the current market is experiencing a phenomenon of brands piggybacking on MEME traffic. Taking Joyoung as an example, Hakeemi soy milk sales have surpassed 100,000 units, leading to two consecutive daily limit-ups for Joyoung Co., Ltd. Additionally, Weilong's Hakeemi spicy strips and crab chicken noodles, which are puns, have also gained popularity due to their MEME attributes. LaserCat397.eth believes that 2025 may be the year of Meme awakening in the Chinese internet, and MEME has become a new form of hard currency, with its energy directly convertible into purchasing power and stock prices.

Odaily Planet Daily reports that Delphi Digital posted on the X platform stating that Milk Road's market leader Jason discussed online the bullish case for cryptocurrencies and other risk assets in 2026. He believes that as the debt-to-GDP ratio rises and bond yields reach multi-decade highs, the only solution is to increase debt issuance, which means the economic system needs more liquidity.

Analyst Milk Road pointed out that ETH holdings on centralized exchanges have dropped to a historic low, accounting for only 8.8%, a decrease of 43% since July. ETH is being used for staking and long-term custody, and the supply shortage may drive prices up.

BlockBeats news, on October 30th, the Celestia liquid staking protocol MilkyWay announced that the third phase of the Massdrop airdrop is open for claims. Massdrop covers 100 million MILK (10.00% of the total supply): allocated to early users, including mPoint holders, Moolitia NFT holders, and milkINIT testers, released in four phases.

Gate News bot message, according to the official Gate announcement on October 16, 2025 Gate will delist 17 perpetual contract trading markets, including BAKE/USDT, XEC/USDT, ORBS/USDT, GNO/USDT, OBT/USDT, ALU/USDT, J/USDT, PYR/USDT, MILK/USDT, FUEL/USDT, DODO/USDT, SANTOS/USDT, GIGA/USDT, MLN/USDT, ROAM/USDT, ATA/USDT, and L3/USDT. These contracts will enter a reduction-only mode on October 16, 2025, at 15:30 ( UTC+8 and will officially cease trading at 16:00 ) UTC+8. The platform will settle the open positions based on the average index price in the last half hour before going offline.

Recently, the BSC on-chain activity has stabilized, with the new meme coin "Long" performing outstandingly, achieving a trading volume of 55.9 million in 24 hours and a market capitalization of 14.65 million. Its chips are concentrated, with the Top 1 Holdings accounting for 9.01%. Other popular meme coins such as "Milk Dragon" and "Hakimi" are also active, with significant fluctuations in trading volume and market capitalization.