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Ripple CEO Says XRP, Solana, Cardano ETFs Are ‘Inevitable’


Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin and ether, following the U.S. Securities and Exchange Commission (SEC) approval of spot bitcoin and ethereum ETFs. At the Consensus 2024 event, he stated: “I think...

NFT Sales Dip Again: Ethereum Leads as Market Declines by 7.03%


Over the past week, non-fungible token (NFT) sales have declined again, slipping 7.03% compared to the previous week. During this period, $122.3 million in sales were recorded, with Ethereum-based NFTs taking the lead. 7-Day NFT Sales Slide 7.03% This week witnessed another seven days of subdued...

Metaplex Announces Introduction of Hybrid Defi Protocol for Solana


Metaplex, a Solana-based protocol that allows for the easy deployment of NFTs across applications, has introduced MPL-404, a hybrid decentralized finance standard. MPL-404 leans on SPL-404, a protocol that allows for the exchange of an NFT for a fixed number of tokens assigned by the designers...

Consensus 2024: Garlinghouse predicts XRP, Solana, and Cardano ETFs


Investing in cryptocurrencies is expected to have a bright future, and there are plans to launch other crypto ETFs. This comes after the recent approval of Bitcoin ETFs, as well as the progress made in ether ETFs on the Ethereum platform. Recently, Ripple CEO Brad Garlinghouse stated that...

PayPal USD joins Solana for faster, cheaper transactions


During the recent Consensus 2024 conference, PayPal Holdings, Inc. (NASDAQ: PYPL) released a significant update concerning its business. This month, the company announced the integration of PayPal USD (PYUSD), a stablecoin, with the Solana Blockchain. This is a major step forward for PayPal, as...

PayPal Expands PYUSD to Solana Blockchain for Lower-Cost Transactions


PayPal Holdings, Inc. announced the expansion of its stablecoin, PayPal USD (PYUSD), to the Solana blockchain to enhance transaction speeds and reduce costs, providing users greater flexibility and control. The post PayPal Expands PYUSD to Solana Blockchain for Lower-Cost Transactions appeared...

Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions


Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available...

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