Decentralized Finance (DeFi)
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X @Token Terminal @ TOKEN2049 🇸🇬
Token Terminal 📊· 2025-09-29 18:19
GHO usage on @ethereum is at an all-time high, with key metrics up ~30x since Jan '24.Monthly transfer volume in August was $3.4 billion & transfer count 49.5k.Ethereum 🤝 Aave @GHO https://t.co/Zmyywv7TzF ...
Turn $1 into $1 Million: ChatGPT’s Three Crypto Picks
Yahoo Finance· 2025-09-29 14:38
Core Insights - The article discusses three cryptocurrencies that have the potential to create significant wealth for investors, highlighting their recent performance and future prospects Group 1: Aster (ASTER) - Aster experienced a 6% increase on September 29, trading near $1.88, and has gained 19% over the past week, indicating strong demand and market confidence [2] - The network generated over $30 million in fees within 24 hours, significantly outperforming its competitor Hyperliquid, which generated $3.17 million [2] - After breaking out of the $1.75 consolidation zone, Aster is targeting the $2.00 level, with analysts predicting potential mid-term gains above $4 due to its growing position in DeFi [3] Group 2: Sonic (S) - Sonic's native token, S, rose to $0.2434, accompanied by a 78.68% increase in trading volume, despite a slowdown in the altcoin market [4] - The appointment of Mitchell Demeter as CEO signals a renewed focus on global growth and institutional partnerships, which could enhance Sonic's market position [4] - Sonic has approved a $150 million expansion strategy aimed at the US market, including a $50 million ETF initiative and a $100 million investment program, which could drive mass adoption if successful [5] Group 3: Solana (SOL) - Solana has regained its bullish trend, trading around $205 after breaking through previous resistance levels, with September trading volume reaching $219 billion [6] - The network's capability to process up to 65,000 transactions per second at minimal cost positions it as a leading choice for decentralized applications, DeFi projects, and NFT platforms [7] - Analysts anticipate Solana could challenge Ethereum's market share, with long-term price potential exceeding $1,000, especially with an upcoming Solana ETF decision [7]
SonicStrategy Appoints Dustin Zinger as Chief Executive Officer and Mitchell Demeter Named CEO of Sonic Labs.
Newsfile· 2025-09-29 13:49
Core Insights - SonicStrategy Inc. has appointed Dustin Zinger as the new Chief Executive Officer and Mitchell Demeter as Executive Chair, transitioning from his role as CEO of SonicStrategy [1][4] - Zinger's expertise in capital markets and blockchain will drive the expansion of SonicStrategy's validator operations, which are crucial for revenue growth [2][3] - The company has begun trading on the Frankfurt Stock Exchange, enhancing its visibility and access for European investors [5] Leadership Changes - Dustin Zinger will lead SonicStrategy, focusing on institutional-grade validator operations and strengthening relationships in both crypto and traditional markets [2][3] - Mitchell Demeter will continue to provide strategic leadership as Executive Chair, overseeing overall strategy and capital markets development [4][5] Market Expansion - SonicStrategy's shares are now trading under the ticker symbol FSE: L6C on the Frankfurt Stock Exchange, aimed at increasing its global investor base [5] - The company has engaged TAFIN, a German marketing firm, to enhance investor awareness and visibility in Germany [6][9] Agreement with TAFIN - The agreement with TAFIN commenced on September 27, 2025, for an initial term of ten weeks, with a fee of 100,000 Euro paid upfront [7][9] - TAFIN will create articles and investor-oriented content to distribute across German-language financial platforms [9]
VivoPower Establishes South Korean Office and Appoints Local Representative Director
Globenewswire· 2025-09-29 13:15
Core Insights - VivoPower International PLC has established a South Korean office and appointed Mr. Chris Kim as the local representative director, demonstrating its commitment to the South Korean market [1][3] - South Korea holds a significant portion of the XRP circulating supply, amounting to $30 billion, which represents 20% of the total supply [1] - The company aims to build its XRP-focused digital asset treasury and decentralized finance solutions business unit in South Korea, leveraging the country's digital asset-friendly ecosystem [3][4] Company Overview - VivoPower is a sustainability-driven enterprise that focuses on the acquisition and management of XRP digital assets as part of a diversified digital treasury strategy [4] - The company operates globally, with a presence in regions including the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia [5] - VivoPower has two main business units: Tembo, which focuses on electric solutions for fleet applications, and Caret Digital, which is centered on renewable power use cases, including digital asset mining [5]
Hyperion DeFi Announces Appointment of David Knox as Chief Financial Officer
Globenewswire· 2025-09-29 12:00
Core Viewpoint - Hyperion DeFi, Inc. has appointed David Knox as Chief Financial Officer to enhance governance and accelerate its decentralized finance strategy, leveraging his extensive experience in capital markets and financial services [1][2][4]. Company Overview - Hyperion DeFi is the first U.S. publicly listed company focused on building a long-term strategic treasury of Hyperliquid's native token, HYPE [1][7]. - The company aims to provide shareholders with simplified access to the Hyperliquid ecosystem, which is recognized as one of the fastest-growing and highest revenue-generating blockchains globally [7]. Leadership and Expertise - David Knox previously held significant roles at PayPal, where he led the expansion of lending segments and managed financial planning and analysis [2][3]. - Knox's background includes advisory services in capital markets at Cantor Fitzgerald and roles in lending and capital markets at SoFi, Hudson Advisors, and the Royal Bank of Scotland [3]. Strategic Initiatives - The appointment of Knox is part of a broader initiative to position Hyperion DeFi at the forefront of the transition of institutional finance to decentralized platforms [4]. - Knox intends to leverage his industry connections to enhance Hyperion DeFi's offerings in fixed income and structured products [4]. Token and Platform Information - Hyperliquid is a layer one blockchain designed for high-frequency trading, featuring on-chain perpetual futures and spot order books with rapid transaction times [5]. - HYPE, the native token of Hyperliquid, has over 30 million tokens sequestered as of September 2025, making it the 16th-largest cryptocurrency by market capitalization [6]. Employee Incentives - In connection with Knox's appointment, the company granted him a restricted stock unit award of 100,000 shares, which will vest in two equal installments over the next year [4].
Aster Surpasses Hyperliquid Trade Volume, Generates More Fees Than Circle, Tether
Yahoo Finance· 2025-09-29 11:23
Core Insights - Aster has emerged as a strong competitor to Hyperliquid in the decentralized perpetual futures exchange market, surpassing Hyperliquid's trading volume and fee generation [1][5][6] - The launch of Aster's native token, ASTER, has significantly boosted its market presence, with a price increase of over 2,200% since its launch [2][3] - The decentralized perpetual trading market has experienced substantial growth, with a tenfold increase in September alone [3] Company Performance - Aster's trading volume reached $228 billion in the past seven days, nearly tripling Hyperliquid's $80.5 billion [5] - Aster generated $93.5 million in fees, surpassing Circle and becoming the top earner, even exceeding Tether in the last 24 hours with over $29 million in fees [5][6] - Hyperliquid, previously the market leader, is now facing challenges to its dominance as Aster's trading activity increases [4][6] Market Dynamics - The decentralized perpetual trading market is rapidly expanding, with Aster and Hyperliquid competing for market share [3][4] - Aster's recent performance raises questions about Hyperliquid's future growth prospects, which were previously predicted to increase 16 times by 2028 [4] - Both platforms distribute protocol fees to liquidity providers and utilize a portion of fees for governance rewards and token buybacks [7]
AllUnity and Stripe’s Privy Join Forces to Enable Euro Stablecoin Payments
Yahoo Finance· 2025-09-29 10:58
AllUnity, a German regulated e-money institution backed by DWS, Flow Traders, and Galaxy, and issuer of the EURAU euro stablecoin, has partnered with Privy, the crypto wallet infrastructure firm owned by Stripe. The move enables fintechs, e-commerce platforms, and enterprises to embed EURAU wallets directly into their applications. Users could then pay, receive, or hold digital euros, with the option to convert between stablecoins and fiat, the companies said on Monday. The integration also supports progr ...
Ripple’s RLUSD Listed on Top Crypto Exchange Bybit
Yahoo Finance· 2025-09-27 11:32
Core Insights - Bybit has listed Ripple's USD-backed stablecoin RLUSD, enhancing the connection between Traditional Finance (TradFi) and Decentralized Finance (DeFi) [1] - The listing expands RLUSD's market reach and use cases, providing traders and institutional investors with direct access to a regulated digital asset [2][3] Bybit's Listing Details - Bybit now supports multiple trading pairs for RLUSD, including RLUSD/USDT, RLUSD/ETH, RLUSD/BTC, RLUSD/MNT, and RLUSD/XRP, although availability is subject to regulatory restrictions [4] - The exchange's reputation as a major player in the industry signifies a significant achievement for both RLUSD and Ripple [3] Market Performance - Since its launch in December 2024, RLUSD has quickly grown to become the 90th largest cryptocurrency, with a market capitalization of $789.45 million [5] - The stablecoin has gained popularity across various platforms, including Bullish, Kraken, Bitstamp, and Gemini, which listed RLUSD in May 2025 [5][6] Future Expectations - The broader crypto market anticipates that major exchanges like Binance and Coinbase will also list RLUSD, with Bybit's listing potentially paving the way for further support [7]
DeFi Technologies Announces Closing of US$100 Million Registered Direct Offering
Prnewswire· 2025-09-26 20:30
Accessibility StatementSkip Navigation Nasdaq: DEFT | CBOE CA: DEFI | GR: R9B This press release contains "forward-looking information" within the meaning of applicable Canadian and U.S. securities legislation. Forward-looking information includes, but is not limited to the use of proceeds of the Offering. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the ...
COIN vs. IBKR: Which Trading Platform Stock Has More Upside?
ZACKS· 2025-09-26 17:30
Industry Overview - Retail access to cryptocurrencies is steadily increasing due to improved onboarding and user experiences, aligning with regulatory expectations [1] - Stablecoins are becoming essential in bridging traditional finance and the crypto world, with major banks exploring their own initiatives [1] Factors to Consider for Coinbase Global Inc. (COIN) - Coinbase is the largest regulated cryptocurrency exchange in the U.S., positioned to benefit from market volatility and rising digital asset valuations [3] - The company generates 83% of its revenues domestically, aligning closely with the U.S. market, which is seen as a leader in crypto innovation [3] - Recent initiatives include launching an equity index future, crypto futures, and providing $100 million bitcoin-backed financing to CleanSpark [4][5] - Coinbase is advancing real-world crypto adoption through infrastructure initiatives like Base and promoting stablecoin payments [6] - Elevated transaction and operating expenses are impacting margins, and the company is exposed to volatility in major cryptocurrencies [7] Factors to Consider for Interactive Brokers Group, Inc. (IBKR) - IBKR is a leading electronic trading platform offering low-cost access to a wide range of financial products globally [8] - The company is expanding into emerging markets and enhancing its product offerings, including access to Bursa Malaysia [10] - IBKR has raised its quarterly dividend significantly, indicating a commitment to shareholder returns [11] - Non-interest expenses are rising due to investments in expansion and technology, which may pressure margins in the short term [12] Financial Estimates - The Zacks Consensus Estimate for COIN's 2025 revenues implies a 7.2% year-over-year increase, while EPS estimates suggest a 7.8% decrease [13] - For IBKR, the 2025 revenue and EPS estimates imply an 8.9% and 11.4% year-over-year increase, respectively [15] Price Performance and Valuation - COIN shares have decreased by 13.2% in the past three months, while IBKR shares have increased by 20.4% [16] - COIN trades at a forward P/E of 50.51, below its median of 60.24, while IBKR's forward P/E is 31.75, above its median of 27.18 [18] Conclusion - Coinbase benefits from a diversified revenue base and significant institutional demand, bolstered by its inclusion in the S&P 500 and regulatory standing [19] - Interactive Brokers is expected to benefit from low compensation expenses and increasing emerging market customers [20]