The asset manager filed with the NYSE to convert its Solana Trust into a publicly traded ETF.

Anticipation is building after Sonic, formerly Fantom, announced the blockchain's genesis block.

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.