PENGU, a relative newcomer in the growing meme coin market, has flown through the roof. It has currently flown up over 440% in a week! The new cryptocurrency, which began trading at well below a penny, ultimately spiked to as high as $0.0068 before experiencing a significant price correction. This...
The XRP Ledger (XRPL) is experiencing remarkable expansion in its tokenized asset ecosystem. This trend is being driven by the increasing adoption of Real World Assets (RWAs). Today, US Treasury debt is the tokenized value leader on this XRPL. It represents $90.1 million, or nearly 57% of the ledger’s real-world...
Wormhole, a cross-chain bridge protocol and interoperability platform has been signing big institutional contracts in recent months. Since launching, the platform has further extended its interoperability and capabilities to serve both Web2 and Web3 companies. The recent integrations with Stacks, BackPack, Mayan Finance, and Reactor by Ripple Labs have only...
Originally launching in May 2023, Sui took the web3 community by storm. Since its inception, it has grown to be a powerhouse in the decentralized finance (DeFi) space. Mysten Labs, a Dreamers team of ex-Meta engineers, built this permissionless blockchain. It’s notable for its speed of transactions and capital efficiency....
Layer-2 blockchain Blast has ended its partnership with integration with Safe, formerly known as Gnosis Safe. That decision came out of concerns around third-party risk and usability. Blast, which is supported by Paradigm and led by Blur founder Pacman, is building their own multisig solution. For example, they’re moving beyond...
SUI has exploded to become the hottest new cryptocurrency on the market, with a shocking 73% weekly increase. Such a remarkable run now makes SUI the biggest winner among all of the top 100 cryptocurrencies by market cap. Investor confidence has been bolstered by the launch of the Grayscale SUI...
