{
}
Crossmint, a US blockchain firm, has secured $23.6 million in a funding round led by Ribbit Capital, with participation from Franklin Templeton, Nyca, First Round, and Lightspeed Faction. The funds will be used to enhance infrastructure for AI agents and blockchain tools aimed at simplifying web3 product creation, thereby minimizing the reliance on specialized blockchain engineers for tasks like digital wallet creation and tokenization.
AI agent tokens, including AI16z and Virtuals Protocol, are experiencing significant gains as Franklin Templeton highlights their potential within the crypto ecosystem. AI16z's token surged over 18% to $1.30, while Virtuals Protocol's token rose 15% to $2.98, sparking speculation that AI could become the latest trend in cryptocurrency trading. Despite recent recoveries, both tokens remain below their all-time highs, indicating ongoing volatility in the market.
Ethereum (ETH) is projected to reach $7,200 this quarter, supported by an inverse head-and-shoulders pattern, while Solana (SOL) could surge to $4,000, driven by a cup and handle formation. Sui, currently at $4.57, is expected to climb to $11 in 2025, bolstered by strategic partnerships and a significant Total Value Locked (TVL) of $2 billion.
Amid ongoing crypto market weakness, Solana (SOL) emerges as a strong contender for investment in 2025, supported by its technological capabilities and bullish projections. Analysts highlight its potential for a rebound, with price predictions reaching up to $370, driven by institutional adoption and favorable market conditions. The anticipated pro-crypto government policies may further enhance Solana's appeal, positioning it for significant growth.
As the geopolitical landscape shifts, the crypto industry is poised for significant growth, with market capitalization expected to reach $7–10 trillion by 2025. Factors such as government adoption, the rise of memecoins, and macroeconomic manipulation will shape this evolution, while Bitcoin's breakthrough past $100,000 signals a new era. Innovations in privacy and transaction throughput further highlight the transformative potential of cryptocurrencies in the global economy.
Solana is rapidly outpacing Ethereum across key metrics, with a recent report indicating its Real Economic Value at 111% of Ethereum's. The surge is attributed to increased activity from Solana's memecoin platform, Pump.fun, which has generated over $390 million in revenue. Upcoming upgrades, including Firedancer, are expected to further enhance Solana's scalability and stability, positioning it for continued growth in the crypto market.
During the recent crypto market dip, four altcoins stand out for potential investment: Sui Network has doubled its total value locked (TVL) to $2 billion, showcasing rapid growth despite a 9% decline. Ethena offers a unique delta-neutral strategy in DeFi, while HyperLiquid's self-funded perpetual DEX has attracted significant interest through innovative airdrops. Solana remains a market leader with long-term growth potential, despite a recent 6% drop, with analysts predicting substantial price increases.
Ira Auerbach, former head of digital assets at Nasdaq, has joined Offchain Labs to lead Tandem, the venture capital and partnership division of Arbitrum, focusing on Ethereum scaling. His extensive background in finance and crypto will support selected projects with technical expertise and funding.The Arbitrum Foundation is intensifying its efforts in Asia with the "Road to Devcon" initiative, aiming to engage local developer communities ahead of Devcon 2024 in Bangkok. Meanwhile, Franklin Templeton has launched a blockchain-based money market fund on Arbitrum, highlighting the growing intersection of traditional finance and crypto.
U.S. spot Bitcoin and Ethereum ETFs experienced significant outflows, marking their second-largest exit day, with over $700 million leaving the market. Bitcoin ETFs saw $582.9 million in outflows, while Ethereum ETFs recorded $159.34 million, following a brief period of inflows. Fidelity's funds were notably impacted, with substantial losses reported across several major ETFs.
Ripple's RLUSD stablecoin has rapidly gained traction, surpassing PayPal USD and Euro Coin in daily trading volume, reaching $34.7 million shortly after its December 2024 launch. This growth highlights RLUSD's role in bridging traditional finance with decentralized solutions, leveraging the XRP Ledger for efficient transactions. As stablecoin transactions soar globally, RLUSD positions Ripple as a potential leader in the competitive market, with speculation about its ability to rival Tether's dominance.
Franklin Templeton - Franklin M
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Crossmint secures 23.6 million dollars to enhance blockchain and AI infrastructure
03:00 19.03.2025
AI agent tokens surge as Franklin Templeton highlights potential in crypto market
23:12 14.01.2025
altcoin predictions for 2025 ethereum solana and sui set for growth
VanEck Vietnam ETF
Franklin Templeton - Franklin M
OpenAI ERC USD
Grayscale Litecoin Trust
Ali Martinez
Show more
18:38 14.01.2025
solana emerges as a top cryptocurrency investment opportunity for 2025
Franklin Templeton - Franklin M
Bitwise Bitcoin ETF
Carl Runefelt
Nate Geraci
Donald Trump
Show more
09:30 14.01.2025
crypto market predictions for 2025 trends opportunities and challenges ahead
United States Dollar
MicroStrategy Inc
PayPal Holdings, Inc.
Bitwise Bitcoin ETF
Kraken Energy Corp.
Bank of America Corporation
Grayscale Bitcoin Trust ETF
Coinbase Global, Inc.
Robinhood Markets, Inc.
BlackRock, Inc.
Fidelity Balanced
Franklin Templeton - Franklin M
Show more
01:00 12.01.2025
solana outperforms ethereum as presale and upgrades drive growth
Euro
United States Dollar
CitiBank, N.A. Issuer Callable Fixed To Floating CD AASPAXX
Franklin Templeton - Franklin M
21:15 10.01.2025
top altcoins to consider during the current crypto market dip
12:00 10.01.2025
Arbitrum taps former Nasdaq chief to lead venture capital initiatives
United States Dollar
BGC Partners LP
Galaxy Digital Holdings Ltd.
Palantir Technologies Inc.
Franklin Templeton - Franklin M
GEMINI INV
BNP Paribas SA
Silvergate Bank BANK
Nasdaq 100 Mar 25
USA
IDN
Ira Auerbach
Tony Paquette
Ben Reynolds
Show more
04:37 10.01.2025
bitcoin and ethereum etfs experience record outflows amid market volatility
Fidelity Contrafund
Franklin Templeton - Franklin M
Grayscale Litecoin Trust
Invesco Ltd.
Valkyrie ETF Tr.II-Bitc.Mnrs R
BlackRock, Inc.
Bitwise Bitcoin ETF
USA
Show more
14:27 09.01.2025
Ripple's RLUSD Surpasses PayPal and Euro Coin in Trading Volume
BlackRock, Inc.
PayPal Holdings, Inc.
Franklin Templeton - Franklin M
USA
Adam Cochrane
Paul Barron
Ben Armstrong
Show more
15:20 07.01.2025
Trending
Subcategory
Countries:
Companies:
Currencies:
People: