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First Solana Spot ETF Raises $2.75 Million on Brazilian Stock Exchange

On Thursday, the first Solana spot exchange-traded fund (ETF) product raised over $2.75 million during its public offering on B3, the Brazilian stock exchange. The product, previously approved for trading…

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Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities

Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability…

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Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year

On Aug. 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on Ethereum, PYUSD has seen a…

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Crypto Market Surges by $623B in 2024 as Bitcoin Climbs $20K Higher

In just seven months—roughly 236 days—since the year began, the crypto economy has ballooned by a staggering $623 billion. The top crypto asset, bitcoin, has seen its market value soar…

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NFT Sales Soar 24% as Ethereum Takes the Lead This Week

Based on the metrics collected from Aug. 17 to Aug. 24, 2024, the non-fungible token (NFT) market experienced a lively 24.33% boost in sales compared to the previous week. Sales…

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