The Solana (SOL) network is a thriving Web3 ecosystem, with nearly $5B in TVL, bolstered by institutional investors and retail traders.
As Fantom continues to explore the potential of the Sonic chain, additional programs such as airdrops, grants, partnerships, and further technological advancements are lined up.
ETF analyst James Seyffart noted that while the 19b-4 filings have been approved, the funds still need to pass another scrutiny stage for the S-1 documents to be reviewed.
Soon after the 19b-4 approval by the US SEC, VanEck Investments swung into action by releasing a 37-second advertisement swaying viewers to “Enter the ether”.
A total of $13.43 billion has flowed into spot BTC ETFs since the approval of the digital assets in January, but the current capital flowing into the investment products remains significantly low compared to their peaks in March.
In April, after revealing its partnership with Tether, the TON Foundation announced that it would allocate around 11 million TON to reward early adopters of USDT on the Open Network.
The Tethys upgrade will bring along a number of new features such as having an enhanced bridge between Cronos zkEVM Testnet and the Ethereum’s Sepolia Testnet.
Market observers and experts believe that this surge is linked to PEPE’s use as a levered bet on the growth of the Ethereum ecosystem.
As the crypto community keenly awaits the SEC’s decisions, the interlinked dynamics of Bitcoin mining difficulty, hashrate, and price movements have once again come to the fore.
The API3 token has gradually increased in price in the past seven days, gaining over 40%.
Over the years, TruthLabs also highlighted that the Ethereum team used the Bitfinex cryptocurrency exchange to dump their holdings into the secondary market.
In addition, TRON’s affiliated token, BitTorrent (BTT), has experienced a resurgence in interest, bolstering the overall ecosystem.
Sigel stated that the first-come-first-serve approach by the SEC would help the issuers plan their product launches in a much better way.
Despite the SEC’s engagement with issuers, industry experts warn that the process isn’t finished yet. “Basically, it’s just starting,” said a high-ranking member at an ETF issuer, referring to the S-1 discussions.
USDe aims to rival the likes of Tether’s USDT and Circle’s USDC, the top two stablecoins by market capitalization.