sophia7100265

@sophia7100265

199 Following

222 Followers

irene298760 pfp

Meanwhile, holdings are more evenly distributed among blockchain networks as users migrate beyond Ethereum, Blockworks data analytics manager Dan Smith said in a Jan. 2 post on the X platform.

0 reply

11 recasts

5 reactions

danawilson4768 pfp

@danawilson4768

The shift reflects increasing onchain activity and the rise of alternative layer-1 networks such as Solana and Hyperliquid. Analysts expect the trend to continue, with USDC’s market capitalization potentially doubling this year.

0 reply

11 recasts

5 reactions

nancy776608 pfp

As of Jan. 2, approximately 65% of USDC supplies are on Ethereum, 10% are on Solana, and roughly 15% span Base and Arbitrum — both Ethereum layer 2s — as well as Hyperliquid, a layer 1 for low-latency trading.

0 reply

11 recasts

5 reactions

g17274677 pfp

In 2023, USDC remained heavily concentrated on Ethereum, which held 85% of the stablecoin’s circulating supply, Smith said.

0 reply

11 recasts

5 reactions

merfilwilliams pfp

@merfilwilliams

This change is partly because “retail traders increasingly enter the crypto market through Solana [as] speculation intensifies around Solana-based memecoins and AI agent tokens,” Grayscale said in a December research note.

0 reply

10 recasts

5 reactions

amelia569082 pfp

In 2024, the total value locked on Solana surged from around $1.5 billion in January to nearly $8.5 billion by December, according to data from DefiLlama.

0 reply

0 recast

5 reactions

bonnieabel9 pfp

“This growth hinges on a critical assumption: that Tether, the largest stablecoin, remains unregulated within the European Union,” Steno said, adding:

0 reply

0 recast

5 reactions

bella76brown pfp

Cryptocurrency researcher Steno Research expects USDC’s circulating supply to more than double during 2025, reaching highs of around $100 billion.

0 reply

0 recast

5 reactions

b43458640 pfp

In June, VanEck and rival asset manager 21Shares sought permission from US regulators to list spot Solana ETFs.

0 reply

0 recast

5 reactions

hedy18933 pfp

Sigel’s optimism mirrors industrywide expectations of more crypto ETF listings in the US after President-elect Donald Trump’s November election win. Pro-crypto Trump said he wants to make America “the world’s crypto capital.”

0 reply

10 recasts

5 reactions

smith6572emily pfp

@smith6572emily

Prediction markets work by letting users trade contracts tied to specific events, with prices fluctuating dynamically based on expected outcomes. Polymarket’s projected ETF listing odds increased to approximately 84% as of Jan. 2, according to its website.

0 reply

10 recasts

5 reactions

b43458640 pfp

Industry analysts see Trump’s presidential win as a green light for more than half a dozen proposed crypto ETFs waiting on regulatory approval to list in the US.

0 reply

3 recasts

5 reactions

ecarrie581 pfp

In November, shortly after Trump’s victory in the US presidential race, Sigel reportedly said the odds of the US greenlighting a SOL ETF in 2025 are now “overwhelmingly high.”

0 reply

2 recasts

5 reactions

irisj3588 pfp

During the US elections in November, betting platforms proved more accurate than traditional polling, forecasting not only Trump’s win but also his party’s sweep of the US House and Senate.

0 reply

1 recast

5 reactions

darcylo996 pfp

Bettors are wagering that 2025 will be a banner year for cryptocurrency markets, with BTC and ETH hitting all-time highs and several new types of crypto ETFs listing in the US.

0 reply

1 recast

5 reactions

allte96ot pfp

Coinbase is considering making tokenized shares of its stock available to United States users of Base, its Ethereum layer-2 network, Base developer Jesse Pollak said in a post on the X platform.

0 reply

1 recast

5 reactions

merfil09668 pfp

Tokenized COIN shares are already available to non-US users through protocols such as Backed, a tokenized real-world assets (RWA) platform, Pollak said in a Jan. 3 X post.

0 reply

1 recast

5 reactions

johnsonda77390 pfp

@johnsonda77390

COIN on Base is “something we are looking into in the new year,” Pollack said, adding that eventually, “every asset in the world will be on Base.”

0 reply

3 recasts

5 reactions

sophia7100265 pfp

Pollak said Coinbase has “no concrete plans right now” and is in “an exploratory phase” as the exchange works to understand how to navigate US regulations.

0 reply

3 recasts

5 reactions

sophia7100265 pfp

Pollak said Coinbase has “no concrete plans right now” and is in “an exploratory phase” as the exchange works to understand how to navigate US regulations.

0 reply

3 recasts

5 reactions