IOTA, ONDO, FTM and TRX are today’s top gainers.

Gary Gensler’s replacement has been chosen and is a known crypto supporter.

Our chart of the week is HYPE.

Trends to Watch (Airdrop and NFT resurgence)

With XRP soaring more than 400% in the past month to become the third-largest digital asset by market capitalization, activity in Ripple’s nascent DeFi ecosystem is heating up.

Major corporations are emulating MicroStrategy’s reserve asset strategy by ramping up Bitcoin accumulation.

Derive, a decentralized options protocol, onboarded support for Ethena’s yield-bearing USDe stablecoin as collateral per the deal.

The sky-high stablecoin utilization rates indicate traders are accessing leverage to speculate on digital assets.

Memecoins and DeFi on XRP command attention amidst XRP’s parabolic rise.

The MicroStrategy co-founder claims the tech giant can significantly boost its share price and stakeholder value if it adds BTC to its treasury.