The post Multiple Network Prepares for MultiPass Testnet Launch – Coincu appeared on BitcoinEthereumNews.com.

Key Points: Multiple Network plans MultiPass testnet launch in April 2025. Cheelee token unlock scheduled for May 2025. Jack Mallers addresses dual CEO roles at Strike and Twenty One Capital. ChainCatcher has announced that the Multiple Network is set to launch its MultiPass verification node testnet in late April 2025, marking a significant step towards AI privacy computing acceleration. The testnet introduction indicates Multiple Network’s strong commitment to enhancing blockchain privacy and scaling. This event could boost market sentiment around AI-driven cryptocurrency infrastructure. MultiPass Testnet Targets Blockchain Privacy and AI Integration Multiple Network’s announcement of the upcoming MultiPass testnet signifies its focus on advanced computing solutions. The initiative targets blockchain privacy enhancements, setting the stage for future AI-centric blockchains. Jack Mallers, CEO of both Strike and Twenty One Capital, addressed investor concerns regarding his dual roles, assuring that his responsibilities are complementary. Market reactions varied, with stakeholders monitoring the potential impact on token prices and infrastructure capabilities. Cheelee (CHEEL) is preparing for a May 2025 unlock of around 2.67 million tokens, potentially affecting its market dynamics. “This move will not affect my commitment to Strike. Strike focuses on the global promotion of Bitcoin payments, while Twenty One Capital is dedicated to developing Bitcoin-native financial tools, with both extending each other.” — Jack Mallers, Founder, Strike April Milestones: Cheelee Price Surge and Token Unlock Did you know? The approaching testnet launch for Multiple Network follows historical trends seen in blockchain, where testnets often act as a precursor to mainnet deployments, shaping user expectations and market strategies. As of April 26, 2025, Cheelee (CHEEL) is priced at $7.17 with a market cap of $407.26 million and a trading volume of $5.38 million, per CoinMarketCap. The token experienced a 24-hour price increase of 19.02% but has seen declines in past weeks. Cheelee(CHEEL), daily…

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Filed under: News - @ April 26, 2025 1:25 pm