It’s been a busy week for altcoins, with several important updates making headlines. Tokenized stocks have officially gone live, giving crypto users a chance to trade big-name US stocks like Tesla and Nvidia 24/7.
It’s been a busy week for altcoins, with several important updates making headlines. Tokenized stocks have officially gone live, giving crypto users a chance to trade big-name US stocks like Tesla and Nvidia 24/7.
AltcoinBuzz has worth keeping an eye on right now, thanks to some developments happening around them.
Solana is making headlines this week. The first U.S.-listed Solana staking ETF is set to start trading soon, offering investors exposure to both SOL’s price and staking rewards. Created by Rex Shares and Osprey Funds, the ETF recently secured SEC approval, marking a big step for altcoin-based funds.
Additionally, tokenized U.S. stocks like Apple, Tesla, and Nvidia are now available for 24/7 trading on Solana, thanks to partnerships with Kraken and XStocks.
As for price levels, the analyst said that if the price stays above $145, it could rise again towards $165 and maybe even $180 soon. But if it drops below $137, the price might fall further.
Chainlink has partnered with XStocks to power the price feeds for over 50 tokenized U.S. stocks and ETFs, like Apple, Tesla, and Microsoft, now tradable 24/7 on the Solana blockchain.
Right now, Chainlink powers 83% of Ethereum’s oracle infrastructure, securing over $60 billion in DeFi. Its price is holding steady, and the analyst said that if it does not dip below $10.90, LINK can touch new highs.
Aptos made heads turn in the crypto world after its co-founder joined a U.S. regulator’s digital asset committee, a move seen as bullish for its future. This could help the coin get approved as a commodity in the US, making it easier to trade and possibly get its own ETF one day.
The network’s activity is rising fast, with a surge in new users, transaction growth since April, and over 1,200 smart contracts deployed in a single day.
Aptos also briefly jumped 36% in price after announcing a new Web3 cloud storage project but is now facing a retest of key price support around $4.30. If the price can hold above this zone, there’s a chance it could bounce back and climb towards $5.20 and higher.
“Ethereum is the new Bitcoin,”
At the same time, Ethereum just hit 1.45 million daily transactions, the highest since 2021.
Right now, Ethereum’s price is stuck between $2,400 and $2,800, and experts are watching closely to see if it can break above $3,000 in the coming weeks.
