BTC: Approximately $114,307, up about 0.9% during the day.
ETH: approximately $4,316.6, up about 5.1%
SOL: Approximately $187.9, up about 5.4%
ADA: About $0.8830, up approximately 3.5%
XRP: Approximately $2.94, up about 1.7%
BNB: Approximately $874.9, up about 5.9%
Overall, the cryptocurrency market rebounded strongly today, especially with ETH, SOL, and BNB showing the most remarkable performance.
2. Key Cryptocurrency News and On-Chain Observations of the Day China plans to promote a RMB stablecoin. China is considering the promotion of a stablecoin pegged to the RMB, led by the People's Bank of China, with initial deployments likely focused on Hong Kong and Shanghai, aiming to enhance the RMB's position in the global payment system. Reuters Cardano and Solana price expectations Cardano (ADA) and Solana (SOL) are currently in the spotlight in the market, but are still in a correction and unstable phase; meanwhile, Remittix (RTX), as an emerging project, is viewed positively due to its cross-border payment utility and presale fundraising performance, with the potential to become the next "30x coin." Indiatimes stablecoin aids US bond demand US Treasury Secretary Scott Bessent is in contact with stablecoin issuers (such as Tether, Circle) to encourage these stablecoins to direct funds towards US government bonds. The policy background includes the passed GENIUS Act, aimed at strengthening the connection between stablecoins and high-quality liquid assets.
3. Today's Market Summary and Future Outlook
Bounce dominance: The strong rebound of ETH, SOL, and BNB indicates a market fund inflow, with mainstream coins entering a short-term bullish pattern—leading the overall crypto market in gains.
The policy signals are clear: China's actions: If the renminbi stablecoin project is implemented, it will intensify changes in the international stablecoin landscape, and the market should pay attention to the layout of cross-border payments.
U.S. Policy Direction: The strategy of including stablecoins and government bonds has enhanced the compliance and financial integration of stablecoins, contributing to the maturation of the stablecoin market.
Investment focus shifts: new projects including Remittix attract attention with practicality and presale performance, coupled with traditional major coins returning to an upward trend, resulting in a market characterized by a dual momentum of "industry players returning and innovators catching eyes."
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Today's coin price overview (as of now):
BTC: Approximately $114,307, up about 0.9% during the day.
ETH: approximately $4,316.6, up about 5.1%
SOL: Approximately $187.9, up about 5.4%
ADA: About $0.8830, up approximately 3.5%
XRP: Approximately $2.94, up about 1.7%
BNB: Approximately $874.9, up about 5.9%
Overall, the cryptocurrency market rebounded strongly today, especially with ETH, SOL, and BNB showing the most remarkable performance.
2. Key Cryptocurrency News and On-Chain Observations of the Day
China plans to promote a RMB stablecoin. China is considering the promotion of a stablecoin pegged to the RMB, led by the People's Bank of China, with initial deployments likely focused on Hong Kong and Shanghai, aiming to enhance the RMB's position in the global payment system. Reuters Cardano and Solana price expectations Cardano (ADA) and Solana (SOL) are currently in the spotlight in the market, but are still in a correction and unstable phase; meanwhile, Remittix (RTX), as an emerging project, is viewed positively due to its cross-border payment utility and presale fundraising performance, with the potential to become the next "30x coin." Indiatimes stablecoin aids US bond demand US Treasury Secretary Scott Bessent is in contact with stablecoin issuers (such as Tether, Circle) to encourage these stablecoins to direct funds towards US government bonds. The policy background includes the passed GENIUS Act, aimed at strengthening the connection between stablecoins and high-quality liquid assets.
3. Today's Market Summary and Future Outlook
Bounce dominance: The strong rebound of ETH, SOL, and BNB indicates a market fund inflow, with mainstream coins entering a short-term bullish pattern—leading the overall crypto market in gains.
The policy signals are clear:
China's actions: If the renminbi stablecoin project is implemented, it will intensify changes in the international stablecoin landscape, and the market should pay attention to the layout of cross-border payments.
U.S. Policy Direction: The strategy of including stablecoins and government bonds has enhanced the compliance and financial integration of stablecoins, contributing to the maturation of the stablecoin market.
Investment focus shifts: new projects including Remittix attract attention with practicality and presale performance, coupled with traditional major coins returning to an upward trend, resulting in a market characterized by a dual momentum of "industry players returning and innovators catching eyes."