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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
#SEI# All aspects of the chain #DeFi# data are reaching historical highs, and since #EVM# compatibility went live, there have been 6 quarters of growth in the past 7 quarters.
- Total TVL: $609.4M (QoQ +67.8%)
- Total market cap of stablecoins: $276.8M (historical high)
- Average daily DEX trading volume: $24.6M (QoQ +52.6%, all-time high)
- Leading projects show strong rise: @YeiFinance @TakaraLend @dragonswap_dex
The current @SeiNetwork has a dense launch of ecosystem tokens, with strengthening indicators and an accelerated narrative from institutions.
Yesterday's pullback of $SEI provided another opportunity to get in, still holding the position (the altcoin season is not over yet).