Project Progress

Explore crypto news and in-depth articles related to Project Progress, covering market updates, data-driven analysis, trend insights, and key developments to help you fully grasp key information about Project Progress in the crypto market.
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XRP Breakout Holds as XRPL Lending Vote Gains Momentum

XRP shows weekly strength, trading above EMAs after breaking from a descending wedge; XRPL advances XLS-65/66 lending upgrades with pooled vaults and fixed-term loans; derivatives rise in volume, open interest, and options activity. Abstract: This report notes XRP's persistent weekly momentum and price strength above key moving averages following a breakout from a descending wedge. It covers XRPL validators voting on XLS-65 and XLS-66, enabling native lending, pooled liquidity vaults, and fixed-term loans to expand on-chain financial activity. It also reports rising derivatives participation, with higher trading volume, open interest, and a surge in options activity, suggesting increasing trader positioning for a continued breakout.
XRP-0.76%
BTC-0.84%
BNB-0.57%
CryptoNewsLand·04-23 16:36
XRP Breakout Holds as XRPL Lending Vote Gains Momentum

Circle Chief Economist Proposes Raising USDC Rates on Aave Amid KelpDAO Fallout

Gate News message, April 23 — Gordon Liao, Circle's chief economist, has proposed raising USDC lending parameters on Aave v3 Ethereum Core this week following a $292 million KelpDAO rsETH exploit that triggered a liquidity crisis across the protocol. Liao's Request for Comment suggests increasing "S
USDC-0.02%
AAVE0.73%
ETH-0.21%
BTC-0.84%
GateNews·04-23 14:38
Circle Chief Economist Proposes Raising USDC Rates on Aave Amid KelpDAO Fallout

Lido Proposes $5.8M Contribution to Address Kelp rsETH Deficit from LayerZero Exploit

Gate News message, April 24 — Lido Labs is seeking DAO approval to allocate up to 2,500 staked Ethereum (roughly $5.8 million) to reduce the rsETH deficit caused by the recent Kelp exploit, according to a proposal posted on Thursday. The contribution would be made available only as part of a fully f
ETH-0.21%
ZRO-1.12%
AAVE0.73%
GateNews·04-23 13:42
Lido Proposes $5.8M Contribution to Address Kelp rsETH Deficit from LayerZero Exploit