AB Connect Upgrade Launch

JUN

27

Event date

Friday 27 June 2025, UTC

Event description

The AB Connect upgrade separates system assets from transaction fees, directing fees into a dedicated account for better oversight [AB DAO, X Post, 2025-06-17]. This move aims to bolster security—a critical concern after $2 billion in cross-chain bridge hacks in 2022 [Chainalysis, 2022 Report]. A third-party audit by SlowMist, a trusted security firm, is scheduled from August 1 to September 9, 2025, with results public on September 10 [AB DAO, X Post, 2025-06-17]. This transparency push invites community feedback, potentially strengthening user trust in a centralized bridge system—a rarity in the decentralized crypto world.

Recent News

AB DAO, formerly Newton Project, rebranded in 2025, launching its native $AB token on Binance Alpha on June 7 [ZyCrypto, 2025-06-07]. This milestone, backed by Binance’s media push, has drawn over 10 million users to AB Wallet, supporting multi-asset management across languages like English and Korean [ZyCrypto, 2025-06-07]. However, the $AB token saw a 22.60% price drop recently, reflecting market volatility with a market cap of BTC7,093.0837 [CoinGecko, 2025-06-21].

Future Plans

AB DAO plans bilateral integrations with other blockchains to expand its “AB Anywhere” footprint, aiming to cut cross-chain costs and boost efficiency [ZyCrypto, 2025-06-07]. The AB Foundation will also enhance on-chain governance tools, refining voting workflows to empower its community. These steps signal a long-term vision to compete with platforms like Polygon or Cosmos in the interoperability space.

Onchain Data

Specific onchain metrics for AB Connect are not yet public, but stablecoin transaction trends offer context. Visa’s analytics show weekend volumes averaging billions daily, with higher activity than weekdays, hinting at round-the-clock demand for bridges like AB Connect [Visa Onchain Analytics, 2025]. Once audit data emerges, expect deeper insights into transaction flows.

Community Sentiment

X sentiment is cautiously optimistic. Users praise the SlowMist audit and fee separation [X Post Reactions, 2025-06-17], but some question the centralized architecture versus decentralized norms [X Discussions, 2025-06-18]. Influencers like @CryptoAnalystX note the upgrade’s potential to regain trust post-rebranding, though volatility concerns linger.

Additional Insights

AB DAO’s focus on security aligns with industry trends, as bridge hacks decline with better audits [Chainalysis, 2024 Update]. Competitors like Wormhole have similar upgrades, but AB’s community-driven approach could set it apart. Users benefit from lower risks and multi-chain access, though centralized elements may deter purists.

Risk Disclaimer: Crypto investments carry volatility risks; research thoroughly before engaging.

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AB (AB) Events List

AB Connect Upgrade

The AB Connect upgrade will separate system assets from transaction fees, channeling all fees into a dedicated account for better oversight. This move addresses a key concern in centralized bridge systems, where asset mismanagement has historically led to losses. The upgrade also includes a third-party security audit by SlowMist, running from August 1 to September 9, 2025, with results going public on September 10. This transparency push aims to build trust, a critical factor as bridges handle billions in value annually. Users can expect a smoother experience, though the centralized nature of the bridge might still carry some inherent risks.Recent NewsAB DAO has been making waves lately. The project rebranded from Newton Project earlier this year, a shift that coincided with its native token $AB launching on Binance Alpha on June 7, 2025. This listing sparked a price surge of 11.80% over seven days, reflecting growing market interest. Additionally, a dual reward campaign with Bitget, announced recently, has boosted community engagement, signaling AB DAO’s aggressive growth strategy as of mid-2025.Future PlansLooking ahead, AB DAO is committed to refining its technical architecture and rolling out more audit and monitoring tools post-upgrade. The team plans to deepen community involvement, inviting feedback to shape the ecosystem’s evolution. While specific roadmap details beyond September 2025 remain under wraps, the focus on security and user trust suggests upcoming features could include advanced risk controls or expanded bridge compatibility, keeping AB DAO competitive in the cross-chain race.Onchain DataExact onchain metrics like transaction volume or staking activity for AB Connect aren’t fully detailed in public dashboards yet, as the upgrade is still pending. However, the project’s market cap recently hit BTC6,085.0644, indicating solid backing. Once the upgrade launches, expect a spike in bridge usage, which could be tracked on platforms like Etherscan or Dune Analytics for real-time insights.Community SentimentThe X buzz around AB DAO is cautiously optimistic. Users appreciate the security focus, with some praising the SlowMist audit as a trust signal. Influencers have noted the centralized model as a potential weak point, sparking debates about decentralization versus efficiency. Overall, the sentiment leans positive, with excitement building for the June 27 rollout, though some call for clearer post-audit plans.Additional InsightsThis upgrade comes at a time when cross-chain bridges are under scrutiny due to past hacks, making AB DAO’s efforts timely. Compared to decentralized alternatives, its centralized approach offers speed but may lag in resilience. For users, benefits include safer asset transfers and potential fee savings, though volatility around the upgrade date is a consideration. Always assess risks and do your own research before diving in.

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September 10

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