Token Events

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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-6.34%
BTC-5.85%
BNB-5.21%
CryptoNewsLand·04-23 16:36

Aave Ethereum Frozen Amid USDC Liquidity Crisis; Circle Proposes Emergency Rate Hike to 48%

Gate News message, April 23 — Aave's Ethereum platform has been frozen for nearly four days as USDC utilization reached 99%, locking approximately $1.86 billion in user funds. Circle's chief economist, Gordon Liao, has proposed an emergency governance intervention to address the crisis, marking a ra
AAVE-14.26%
ETH-11.94%
USDC-0.03%
ARB-11.67%
GateNews·04-23 07:12

PUSD stablecoin joins ADI Chain, locking in the $3 trillion Islamic finance market

According to a report by Cointelegraph on April 23, citing the ADI Foundation announcement that was obtained, the Sharia-compliant stablecoin PUSD issued by Palm Azgar Finance has completed deployment on the ADI Chain, becoming the second stablecoin on this Ethereum Layer 2 network that focuses on institutional settlement in the Middle East. The PUSD circulating supply is about $2.3 billion.
ETH-11.94%
BNB-5.21%
SOL-8.06%
MarketWhisper·04-23 03:21
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GUNZ (GUN) to Unlock 368.57M Tokens Worth $5.97M on April 30

Abstract: Gate News reports, citing RootData, that about 368.57 million GUNZ (GUN) tokens will unlock on April 30 at 1:00 PM Beijing time, valued at around $5.97 million. Summary: Gate News cites RootData: about 368.57 million GUNZ (GUN) tokens will unlock on April 30 at 1:00 PM Beijing time, valued at roughly $5.97 million.
GUN-11.96%
GateNews·04-23 03:04

Ronin announces a migration to Ethereum L2 on May 12, with the mainnet going offline for about 10 hours

According to a report by Decrypt on April 23, game blockchain Ronin’s developer, Sky Mavis, announced that Ronin will migrate from the Ethereum sidechain to Ethereum Layer 2 on May 12, using the OP Stack technical architecture; during the migration, the mainnet will be down for about 10 hours between 11:00 AM and 9:00 PM Eastern Time.
ETH-11.94%
RON-12.38%
AXS-11.88%
PIXEL-13.23%
MarketWhisper·04-23 02:06
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