Thailand’s crypto trading trial sparks altcoin surge as Lightchain AI raises US$15.3 million

9th February 2025 – (Bangkok) Thailand’s recent foray into crypto trading has ignited a resurgence of interest in the altcoin market. As the nation actively develops regulatory frameworks for digital assets, investors are keen to identify lucrative opportunities in this shifting terrain. The potential for heightened adoption and institutional involvement positions select altcoins as promising investment options.

Among these, Lightchain AI stands out as a groundbreaking initiative, harnessing artificial intelligence to transform blockchain technology. During its presale phase, Lightchain AI has impressively raised over $15.3 million, signalling robust investor confidence.

Thailand’s crypto landscape is expanding significantly, with approximately 13 million Thais—around 18% of the population—engaging with cryptocurrencies by 2023. The government’s progressive approach includes exploring Bitcoin exchange-traded funds and testing Bitcoin payment options, indicating a commitment to integrating digital assets into the economy.

Former Prime Minister Thaksin Shinawatra advocates for the legalisation of online betting and the use of digital currencies to enhance Thailand’s competitive edge. This supportive environment is poised to facilitate the growth of other cryptocurrencies, as increased usage and clearer regulations can stimulate demand and drive innovation in the crypto market.

Lightchain AI is at the forefront of this evolution, revolutionising blockchain technology by delivering exceptional scalability and efficiency through advanced features such as sharding and Layer 2 solutions. These innovations enable swift and high-throughput AI tasks, ensuring seamless performance.

Emphasising privacy and security, Lightchain AI implements state-of-the-art measures to safeguard sensitive data in an increasingly data-driven landscape. By employing Zero-Knowledge Proofs (ZKPs), it ensures that confidential information remains protected during computations, fostering trust among developers and users.

Furthermore, the incorporation of homomorphic encryption allows for computations on encrypted data without disclosing any information, maintaining confidentiality throughout the process. By merging speed, security, and privacy, Lightchain AI positions itself as a unique solution for the next generation of blockchain and AI integration.

As of February 4, 2025, Ethereum (ETH) is trading at $2,708.80, while Polkadot (DOT) is valued at $4.69. Ethereum continues to be a cornerstone of decentralised finance (DeFi) and non-fungible tokens (NFTs), bolstered by the approval of the first spot Ethereum exchange-traded funds (ETFs) in July 2024, indicating a shift towards mainstream acceptance.

Polkadot, envisioned by co-founder Gavin Wood as a “blockchain of blockchains,” enhances interoperability through its unique parachain architecture, facilitating seamless communication across diverse networks. The anticipated Polkadot 2.0 upgrade aims to further bolster scalability and governance, solidifying its role in promoting blockchain innovation. Together, Ethereum and Polkadot are instrumental in advancing crypto adoption and technological progress.