Here is what happened yesterday in the crypto market:
Ethereum Targets $3K as Validator Upgrade Advances
Ethereum bulls are setting their sights on $3,000 as a validator backbone upgrade progresses, according to CoinDesk. This upgrade is a key factor driving positive sentiment in the market.
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Trump’s Comments Boost Bitcoin
Bitcoin experienced a jump to $107,937 following President Trump’s remarks suggesting economic growth would offset deficits. This fueled a bullish outlook for both Bitcoin and gold, as reported by CoinDesk.
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Solana Staking ETF Launch Imminent
REX Shares is reportedly on the verge of launching a Solana staking ETF. Analysts suggest the launch is imminent following positive feedback from the U.S. Securities and Exchange Commision (SEC).
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Stablecoins Gain Traction as Internet Payment Method
According to Alchemy, stablecoins are becoming a mainstream payment method. On-chain volume is outpacing major traditional card networks.
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Crypto Adoption in South Korea on the Rise
A recent report indicates that over a quarter of South Koreans between the ages of 20 and 50 now own digital assets, with many planning to increase their investments.
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