Browsing: Altcoins

Backpack Securities has launched a Solana-based tokenized Brazil ETF through Sunrise, according to Crypto Briefing. The token, EWZ, is a tokenized version of the iShares MSCI Brazil ETF and can be redeemed on a one-to-one basis for the underlying shares.

Nasdaq-listed Solana treasury company DeFi Development (DFDV) said it bought an additional 26,203 SOL between Sept. 28 and Oct. 2, bringing its holdings to about 2.56 million SOL.

Solana ranked first in DEX trading volume for five consecutive weeks, outperforming all Layer 1 and Layer 2 chains, according to SolanaFloor.

CryptoQuant contributor Darkfost said the ratio of meme coin market capitalization to altcoin market capitalization fell to 0.027, the lowest level on record. That puts meme coins at roughly 3% of the altcoin market by relative market cap. Darkfost said…

An anonymous whale address has kept a long position worth 35 million XRP ($53.11 million) for 46 days and is sitting on about $13.5 million in unrealized profit, The Crypto Basic reported. The address built an initial long position of…

Cardano bull Dan Gambardello said on X that ADA is preparing for a breakout for further gains. Gambardello had previously said in September that if ADA broke above the area around $0.24, it could rise to $0.4 in the short…

South Korea’s Jeonbuk Bank plans to launch a personal overseas remittance service for Southeast Asia, including Vietnam and the Philippines, in December through a partnership with Ripple. The bank has been in talks with Ripple on overseas remittances since last…

Solana processed a record 14.2 billion non-vote transactions in the third quarter, up 45% from the previous quarter, according to Blockworks data. Non-vote transactions exclude the vote transactions validators exchange to reach consensus during block production and mainly cover actual…

Avalanche said, citing Token Terminal data, that the market capitalization of stock tokens on the layer-one blockchain rose by $245.5 million in September, marking the largest increase among all blockchains. Tokenization platform Securitize, ticker SECZ, drove the growth.

The number of holders of Solana-based tokenized stocks has reached a record 1.2 million, according to Solana. Of that total, 775,000 were newly added in September.