Folks Finance outlines post‑TGE roadmap: xChain V2, mobile app and new LST to drive growth
Folks Finance published a detailed roadmap through 2026 after its token generation event (TGE) and a sharp post‑launch price rise for $FOLKS. Key initiatives: 1) xChain V2 (H1 2026) — a cross‑chain upgrade supporting EVM and non‑EVM chains, introducing cross‑chain vault lending and integrated incentives: 1,000,000 FOLKS (~$15M) aimed at driving $1B cross‑chain TVL and integrating with the Folks Mobile app; 2) Folks Mobile — a VASP‑licensed mobile app entering early access (expected 2026) with 30,000+ waitlist registrations, enabling compliant on‑ and off‑ramp features and card‑based borrowing; 3) New EVM LST — a liquid staking token (LST) for an undisclosed EVM chain with one‑click strategy vaults, building on Folks’ gALGO/xALGO experience; 4) Folks Points Season 2 — expanded rewards and referral system after Season 1 distributed 1.5M FOLKS to 5,770 users. Post‑TGE metrics: $FOLKS listed on multiple top CEXs (including Bybit futures), price peaked near $17 (8× from $2 issuance), protocol active on eight chains with 220,000+ active users, staking live with up to 30% APY. Backing includes Coinbase Ventures, Jump Crypto, ParaFi and Borderless Capital. The roadmap ties product upgrades and marketing incentives to adoption targets, signaling aggressive user‑acquisition and TVL goals that traders should monitor for liquidity, listing activity and tokenomics shifts.
Bullish
The roadmap and metrics point to a generally bullish outlook for $FOLKS. Positive drivers: strong post‑TGE listing momentum (Bybit and other CEXs), significant incentive pool (1,000,000 FOLKS ≈ $15M) targeting $1B TVL, mobile app with VASP license and a 30,000+ waitlist, and ongoing product development (xChain V2, new EVM LST). These elements can increase on‑chain activity, demand for staking/LST products, and retail adoption — all supportive of token demand and liquidity. Historical parallels: projects that paired large incentive programs, cross‑chain upgrades and easy consumer on‑ramps (e.g., Aave’s market expansions, Lido’s LST growth) often saw multi‑stage TVL and price appreciation, at least in the short to mid term. Risks that temper the bullish view include token unlock schedules, concentration of listings or speculative inflows causing volatility, execution delays (common in cross‑chain upgrades), and broader market downturns which can compress yields and TVL. Short‑term trader implications: expect volatility around listing events, incentive launches and xChain V2 announcements — potential spikes in volume and price but also sharp corrections on profit taking. Medium to long term: if Folks executes and TVL/adoption grow, token fundamentals could strengthen via sustained staking demand and ecosystem usage; failure to hit adoption targets or adverse token unlocks would be bearish. Traders should monitor on‑chain TVL metrics, staking participation rates, exchange listings and vesting schedules.