Following SpaceX's IPO, tokenized stock trading on the Solana blockchain hit a record $4.3 billion in volume over 30 days, marking a 140% year-to-date increase. Solana dominated with 99% of tokenized SpaceX trading volume, pushing total tokenized stock transfers above $20 billion. Demand for SpaceX tokens (SPCXon) surged, trading at a premium on platforms like Ondo Finance, while perpetual futures saw $15 billion traded on crypto exchanges including Binance. This highlights growing investor interest in tokenized assets and the expanding role of blockchain in equity trading.
Binance co-founder Changpeng Zhao highlighted the difference between Bitcoin and artificial intelligence (AI) as investment themes, stating Bitcoin protects against inflation while AI offers growth without that hedge. Despite crypto capital shifting ...
BlackRock transferred about 2,152 BTC worth $140 million from Coinbase Prime, coinciding with $181 million inflows into U.S. spot Bitcoin ETFs, highlighting ongoing institutional demand. Despite this, Bitcoin prices remained flat while Ethereum and s...
Bitcoin and Ethereum experienced combined outflows exceeding $59 million as traders moved funds into stablecoins like USDT and fiat currencies, signaling a cautious stance in the crypto market. This rotation reflects a short-term defensive strategy, ...
Ethereum has strengthened its position as the top staking network with a 12.13% weekly increase in staked market cap, reaching $78.08 billion. This growth highlights a shift of investor interest back to large-cap, liquid networks despite mixed result...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
