Crypto Market Cap Falls to $3.89T and Other News on Sept. 22

Updated on Sep 22, 2025 at 2:34 pm UTC by · 1 min read

Let’s check what is happening in the crypto market today, on Sept. 22.

The crypto market is in the red today. Bitcoin BTC $101 964 24h volatility: 1.7% Market cap: $2.03 T Vol. 24h: $68.96 B is trading at around $112K, down 1.5% in the past 24 hours. Meanwhile, the crypto market cap is down 3.9%, at $3.89 trillion.
Hamza Tariq

Solana has drawn massive attention with $127 million in weekly institutional inflows, positioning it as one of the key movers in the market.

Despite a brief pullback to $221, analysts believe SOL could push toward the $500 mark as resistance levels are tested and investor momentum builds.

Julia Sakovich

Midas has introduced mXRP, a tokenized version of XRP built on the XRP Ledger’s EVM sidechain. Axelar provides the infrastructure and cross-chain interoperability.

To mint mXRP, users should deposit XRP as collateral. The token is tied to yield-generating strategies such as market-making and liquidity provision. These strategies will be overseen by Hyperithm, an external asset manager.

The offering aims to deliver a base yield of 6–8%, distributed in XRP.

Hamza Tariq

ASTER, the native token of BNB Chain-based Aster DEX, jumped 1700% last week before a small dip to $1.57, yet analysts are still recommending it as a potential buy. The $1.13-$1.25 range is being highlighted as a support zone for investors looking for opportunities.

The Aster DEX continues to expand across BNB Chain, Ethereum, Solana, and Arbitrum, generating $8.82 million in fees this quarter and growing revenue to $5.4 million, showing strong fundamentals behind the token.

Hamza Tariq

DeFi Development Corp and Fragmetric Labs have launched South Korea’s first corporate Solana treasury, marking a major step for SOL adoption in the region.

Despite a recent 7% price dip, trading volumes spiked and the growing treasury base hints at strong investor interest. Analysts see this move as a potential catalyst for Solana’s next big rally.

Hamza Tariq

Chainlink and SOOHO.IO have launched Project Namsan, a KRW stablecoin pilot aimed at providing a low-cost FX option for tourists in South Korea.

Using Chainlink’s CCIP for interoperability and Proof of Reserve for verification, the system allows visitors to convert USD stablecoins into KRW digital vouchers securely and transparently.

The live trial with Grand Korea Leisure has already cut FX costs by over 30%, showcasing how blockchain technology can streamline payments for tourism. This initiative marks a significant step toward real-world adoption of stablecoins in the region.

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