The crypto market registered a marginal uptick over the past 24 hours, entering a period of relative calmness after witnessing considerable movement over the past week. The market cap dropped to $2.5 trillion before rising to $2.71 trillion and then correcting to the $2.65 trillion zone.
TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.
Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.
Alchemy Pay has partnered with Ethena Labs to enable direct fiat purchases of USDe and ENA using regular payment methods.
The Solana-based decentralized exchange Jupiter has launched its Pro platform, sparking curiosity about its impact on the native JUP token's price. JUP, currently trading at $0.3796, has been consolidating after recent volatility, with bulls holding firm at the $0.3811 support zone.
With some advanced tools, JupPro is aiming to become the go-to spot for pro-level token trading. It offers everything needed for serious traders on Solana.
Solana DEX Jupiter: Solana's decentralized exchange (DEX) volume today surpassed that of Ethereum with 14% weekly gain. In the past 24 hours, Solana's DEX volume has reached $2.509 blion, with Ethereum still standing at $1.895 billion.
This week, several top crypto news events are in the lineup, with stories spanning various ecosystems and having price implications for concerned tokens. From Jupiter and Orca decentralized exchanges (DEX) to PolitiFi meme coin TRUMP, multiple developments are already in the pipeline.
The cryptocurrency market rallied sharply on Thursday after President Donald Trump paused tariffs imposed on almost all nations for 90 days, giving the stock and crypto markets a much-needed breather from constant volatility. The crypto market registered substantial gains, with some tokens rallying nearly 50%.
RedStone has expanded its support for Ethena Labs' stablecoins USDe and sUSDe to the BNB Chain, triggering a 14% price surge.
Solana (SOL), EOS, and Jupiter (JUP) are three Made in USA coins making headlines this week with sharply different trajectories. Solana has dropped below $100 amid market volatility and tariff-driven uncertainty.
Here is how some of your favorite assets concluded the week.
Bitcoin and most cryptocurrencies slumped on Thursday, with their total market capitalization plunging by over 5.7% to $2.6 trillion. Pi Network (PI) was one of the worst performers as it dropped to a record low of $0.
This move highlights Jupiter's belief that NFTs are here to stay. They are integral to the future of decentralized finance.
The self-proclaimed Solana super app doesn't think NFTs are dead yet.
The crypto market registered a marginal uptick over the past 24 hours despite several altcoins crashing on April Fools' Day. Despite the altcoin crash, the crypto market cap is up 0.50% and currently sits at $2.7 trillion.
Following Hyperliquid's $13 million brush with disaster, some in Solana's orbit are wondering: Could Jupiter's JLP vault — a similar product to Hyperliquid's vulnerable vault — face a similar exploit?
Made in USA coins continue to try a rebound, with Solana (SOL), RENDER, and Jupiter (JUP) standing out as key names to watch in April. Despite recent price corrections, each of these tokens plays a major role in high-growth areas like DeFi, AI, and blockchain infrastructure.
The crypto market is back in bearish territory after major cryptocurrencies registered a notable decline over the past 24 hours. As a result, the crypto market cap is down 1.20% and currently sits at $2.83 trillion.
Many crypto tokens have recovered this week as investors moved back to risky assets. This surge has brought the cryptocurrency market valuation to nearly $3 trillion.
KuCoin has introduced new USDC trading pairs for Stellar (XLM), Toncoin (TON), and Ethena (ENA). Following the announcement, the prices of all three tokens saw modest gains as traders responded to the development.
Jupiter repurchases 16.86M JUP tokens worth $9.32M in buyback.
Jupiter (JUP) has recently registered some minor gains rising by 3.50% in the last day. However, earlier market losses mean the altcoin experienced a 1.38% decline in the past seven days.
Jupiter faces a possible decline as the flag pattern signals downward pressure toward $0.41.
This is a segment from the Lightspeed newsletter. To read full editions, subscribe.
The crypto market dipped back into bearish territory as prominent cryptocurrencies, including Bitcoin (BTC), registered notable declines. BTC reached a high of $86,444 as markets rallied.
Stablecoins surpass Visa, Mastercard in transaction volume, signaling a major shift in global finance.
Cryptocurrency prices resumed their downward trend on Tuesday as market participants awaited the second Federal Reserve interest rate decision of the year. Pi Network (PI), the viral tap-to-earn token, was one of the worst performers, dropping by almost 13%.
Made in USA cryptos to watch this week include XRP, Pi Network (PI), Story (IP), Jupiter (JUP), and Aerodrome Finance (AERO). XRP is leading in market cap, while PI is coming off one of the largest token launches in recent history.
Here is how some of your favorite assets concluded the week.
Ethena's daily revenue has surpassed PancakeSwap and Jupiter, trailing only behind Tether and Circle. Following this achievement, ENA rose 4%.
The crypto market had a mixed day as price action varied across cryptocurrencies. Bitcoin (BTC) continues to struggle, briefly dipping below $80,000 before recovering and moving to its current level.
JUP price hovers near a critical level, signaling potential movement. Market participants should watch for confirmation signals.
Here is how some of your favorite assets concluded the week.
XRP price has pulled back in the past few days, and is at risk of further downside after forming a head and shoulders pattern on the daily chart. Ripple was trading at $2.3515 on Saturday, down by over 30% from its highest level this year.
Jupiter has created history with its mind blowing hold over the world. The financial system was revolutionized when Jupiter started climbing the ladder.
The crypto market today continues to spark investor uncertainty, showcasing riveting movements. Bitcoin (BTC) price stagnates around $85K as the week comes to an end, whereas altcoins mimic a volatile trajectory.
The crypto market slid back into the red as it declined over 4%, slipping below the $3 trillion mark and moving to its current $2.87 trillion. Bitcoin (BTC) is down nearly 5% despite Donald Trump's announcement of a strategic reserve consisting of Bitcoin.
The crypto market rebounded on Wednesday after President Donald Trump hinted at a tariff relief after Commerce Secretary Howard Lutnick reportedly stated Trump could roll back tariffs on Canada and Mexico, with an announcement likely on March 5.
Ethena Labs' USDe continues to make moves to position itself as a logical alternative to USDC and USDT as the stablecoin competition heats up. The latest in a series of progressive moves Ethena Labs has made regarding USDe involves Bybit, one of the largest exchanges in the industry right now.
Bitcoin Suisse, an institutional-grade crypto services provider, is expanding its digital asset offerings with access to four new tokens.
Bitcoin's (BTC) decline is showing no signs of slowing down, with the price down over 6% in the past 24 hours. The flagship currency briefly dipped under the $80,000 level as bears eye $73,000.
Jupiter raked in $10.88M in daily fees, outperforming Uniswap, PancakeSwap, and Hyperliquid, and trailing only Tether's $18.19M revenue.
Jupiter Exchange is using the fee generated by the protocol to buy back JUP tokens amidst sharp price declines.
Jupiter has officially begun its first JUP token buyback, with on-chain data confirming that 4.88 million JUP worth $3.33 million have already been repurchased. The Feb.
Bitcoin (BTC) picked up momentum as it climbed above $98,000, as short-term bulls eye the $100,000 level. A break above this level could power BTC towards $105,000.
How did Kelsier, Jupiter, and Meteora allegedly use LIBRA's liquidity to cash out at the top while everyday traders lost billions in the biggest Solana scandal since FTX? A sudden scandal On Feb.
The Solana-based DEX, Jupiter, marks a small intraday recovery while the monthly returns are down at 27%. Despite the intense bearish pressure, an analyst expects this recovery to scale to $1.