Blockchain-based financial infrastructure
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Solana Will Claim Largest Slice of Booming Stablecoin Market, Predicts Bitwise Exec
Yahoo Finance· 2025-10-31 14:47
Core Insights - Solana is positioned to capture a significant share of the growing stablecoin and tokenized asset market, potentially surpassing Ethereum and other blockchains [1] - The Bitwise Chief Investment Officer, Matt Hougan, emphasizes that Solana offers investors "two ways to win" through the expansion of blockchain-based financial infrastructure and its increasing market share [2] Market Opportunity - Hougan believes the tokenization and stablecoin markets are on the brink of explosive growth, with expectations for Solana to capture a larger portion of this market due to its performance, usability, and community support [3] - He predicts that the stablecoin and tokenization market could grow tenfold or more, indicating a substantial market opportunity for Solana [6] Competitive Position - Solana is recognized for its fast, user-friendly technology and a strong community, which are seen as key advantages in gaining institutional adoption [4] - Despite being a newer asset compared to Ethereum, Solana is rapidly closing the gap in institutional mandates, reflecting a shift among established financial players towards Solana for real-world applications [5] Long-term Value - The combination of Solana's increasing share of blockchain infrastructure and the anticipated growth in tokenized finance could lead to an "explosive" outcome for the network's long-term value, akin to the rise of bitcoin [6][7]
Stellar Lumens Breaks Resistance as Traders Drive 3% Rally
Yahoo Finance· 2025-10-06 16:28
Core Insights - Stellar Lumens (XLM) experienced a 3% increase, rising from $0.40 to $0.41, driven by institutional trading exceeding 71 million tokens [1][2] - The ability of XLM to maintain above the $0.41 mark indicates ongoing institutional accumulation and confidence in its long-term utility in blockchain finance [2][3] - Analysts consider XLM to be undervalued, with potential to reach $1.00 in the next cycle of institutional adoption as blockchain payment networks expand [3][2] Trading Activity - Strong institutional support was established at $0.39, with a trading volume of 62.57 million tokens on October 5 [6] - Technical resistance at $0.41 was tested multiple times before a successful breakout, confirmed by corporate buying activity [6] - Daily trading volumes during institutional hours surpassed 71 million tokens, significantly higher than the average of 25.43 million tokens [6]
Mercurity Fintech Officially Joins Russell 2000 Index
GlobeNewswire· 2025-06-30 13:00
Group 1 - Mercurity Fintech Holding Inc. has officially joined the Russell 2000® Index, effective after the U.S. market close on June 27, 2025, enhancing institutional investor access and market visibility [1][2] - The company has also been included in the broader Russell 3000® Index, which signifies a significant milestone for gaining access to a wider base of institutional investors [2][3] - The Russell 2000 Index measures the performance of the 2,000 smallest companies in the Russell 3000 Index, representing approximately 10% of the total market capitalization of the Russell 3000 [3] Group 2 - As of June 2024, approximately $10.6 trillion in assets were benchmarked to Russell U.S. indexes, which are maintained by FTSE Russell, serving as benchmarks for investment managers and institutional investors [4] - The inclusion in the Russell Index is expected to increase awareness and visibility for Mercurity Fintech among professional investment managers, potentially leading to greater institutional investment [3][5] - The company aims to bridge traditional finance and digital innovation, offering services that span digital assets, financial advisory, and capital markets solutions [5]