Staking

The crypto market shows a cautious recovery with Bitcoin and Ethereum in the green. Key developments from the US and institutional players, including Fed bond purchases and Ethereum’s new use cases, boost optimism.

BlackRock has filed for a new Ethereum ETF that includes staking, allowing investors to earn extra yield. The move comes amid a potentially more favorable regulatory environment under the new SEC leadership.

Digital bank Revolut has integrated the Solana network, allowing its millions of users to send, stake, and make payments with SOL, marking a significant step for crypto adoption.

Franklin Templeton has launched the seventh Solana ETF on Wall Street, offering staking rewards. However, recent outflows suggest cooling investor interest, with SOL price remaining stagnant.

Bitwise has updated its SEC filing for an Avalanche ETF, introducing a unique staking feature that could generate yield for investors. This move sets it apart from competing proposals by VanEck and Grayscale, intensifying the race to launch the first AVAX ETF in the U.S.

The XION token skyrocketed over 300% after South Korean exchange Bithumb announced its listing. The surge brought the token to the top of gainers’ lists on Dutch exchanges, but questions remain about whether the rally will last.

Bitvavo has listed Solayer, a new staking protocol on Solana co-founded by the network’s creators. The project aims to enhance transaction speed and accessibility of staking.

Cardano’s blockchain suffered a chain-split caused by a malformed transaction, leading founder Charles Hoskinson to call in the FBI. The network has since been stabilized, but community concerns over transaction security persist.