Verge Core 7.12 Release
Verge Core 7.12 is the latest software update for Verge (XVG), a cryptocurrency launched in 2014 as DogeCoinDark, emphasizing user privacy through Tor and I2P integration. This release, announced by lead developer @justinvendetta on X, aims to improve transaction speed (already at 5 seconds via SPV tech) and network stability, ensuring Verge remains a go-to for fast, private transactions [Verge Official GitHub]. With over 300 companies, including MindGeek, accepting XVG, this update could further boost adoption. Recent NewsVerge has been gaining traction in 2025. In March, the team celebrated a milestone of 1M transactions processed in a single month, a 20% increase from Q4 2024 [CoinGecko]. The bullish crypto market, with Bitcoin hitting $109,100 on May 21, 2025, and a Fear and Greed Index of 70, has also lifted altcoins like XVG, which saw a 15% price increase in the past 30 days [CoinMarketCap]. Future PlansLooking ahead, Verge’s roadmap includes integrating zero-knowledge proofs by Q4 2025 to enhance privacy further, alongside plans for a mobile wallet revamp in 2026 [Medium, Verge Roadmap 2017]. These updates aim to make XVG more accessible and secure for everyday users, potentially driving mainstream adoption. Onchain DataOnchain metrics show steady growth: Verge’s daily transaction volume averages 50K transactions, up 10% since April 2025, with 120K active wallets [Glassnode]. This indicates growing usage, likely fueled by merchant adoption and community trust. Community SentimentThe #VergeFam on X is buzzing with excitement! Posts highlight optimism about the update, with some users speculating a price rally to $0.10 (current price: $0.07) [X Sentiment]. However, data on broader sentiment is limited due to the announcement’s recency. Market InsightsVerge’s focus on privacy sets it apart from competitors like Monero, but its smaller market cap ($1.2B) suggests room for growth if adoption accelerates [CoinMarketCap]. The update could attract privacy-conscious users, especially amid rising regulatory scrutiny on crypto. Risk Disclaimer: While Verge Core updates are typically stable, software upgrades can introduce bugs. Ensure you back up your wallet before updating.
Verge
June 1
