Utonic, a nascent restaking protocol on The Open Network (TON), has secured a significant financial commitment of $100 million in total value locked (TVL) prior to its launch. This commitment comes from several firms, including TonStake, iZUMi Finance, InfStones, SatLayer, and StakeStone, signaling robust institutional interest in the protocol.
The TON-based protocol aims to bolster the security and decentralization of the network. Lemon Lin, co-founder of Utonic, explained the strategic approach behind adopting the restaking mechanism on TON, citing its proven success on other platforms: “The tech path of Restaking has been proven successful by Eigenlayer & others on Ethereum, and can be perfectly practiced on TON to enhance security and the level of decentralization.”
The interest in restaking protocols has been growing, as evidenced by the success of EigenLayer, an Ethereum-native restaking protocol. EigenLayer notably surpassed $1 billion in TVL by the end of December 2023 and achieved a remarkable $6.99 billion in TVL by mid-February, becoming the fourth-largest restaking protocol.
Restaking allows validators and stakers to re-stake liquid staking derivative tokens like Lido Staked ETH and RocketPool’s rETH. These assets are then used to secure and validate other networks or deployed in decentralized finance (DeFi) protocols to generate additional yields.
As Utonic gears up for its launch, it is set to offer an enticing annual percentage yield (APY) of up to 30%. When discussing the potential for yield reductions during bear market conditions, Lin remained optimistic about the protocol’s performance, stating: “Native 3.65% APY + extra 5-15% APY coming from AVS, expecting farming incentives on L2s, the total can be over 30% APY. Even if it’s in a bear market where on-chain liquidity is draining, we still expect 20% APY.”
Utonic enables users to earn yield from three distinct sources: native validator yield, Actively Validated Services (AVS) yield, and farming incentives. Users can stake TON tokens and reallocate those into applications such as securing AVS, thereby earning additional passive yields. The launch of Utonic is scheduled for the end of September, marking a significant addition to the evolving landscape of blockchain and staking protocols.
Musk Moon could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Musk Moon (MUSKMOON), a new Solana memecoin that was launched recently, is poised to explode over 18,000% in price in the coming days.
This is because MUSKMOON is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Musk Moon can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Musk Moon could become the next viral memecoin.
Musk Moon launched with over $3,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Musk Moon on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Musk Moon by entering its contract address – EeALBZqKS9k4YCFngxwUynEpoKW8Mqf6hXDLuUHhGs1Q – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKMOON.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Pepe Rektember could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Pepe Rektember (PEPEREKT), a Solana memecoin launched recently, is set to explode over 15,000% in price in the coming days.
This is because PEPEREKT is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Pepe Rektember has already rallied 600% in the last few days since its launch, and it is well positioned to continue to rise.
Currently, Pepe Rektember can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Pepe Rektember could become the next viral memecoin.
Pepe Rektember launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Pepe Rektember on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Rektember by entering its contract address – 2Ljnq1rNf2fzWwZGaHQkBteS1wrsbqiqtdVsxRhDWN6H – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPEREKT.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Grayscale Investments, a leading player in the cryptocurrency investment arena, has announced the launch of its new Grayscale XRP Trust on September 12. This new trust allows investors to gain exposure to XRP, the cryptocurrency associated with the XRP Ledger (XRPL).
The trust is now open for daily subscription by eligible individual and institutional accredited investors. Grayscale explains that this trust operates similarly to its other single-asset investment products, with a portfolio solely invested in XRP.
According to a report by Fox Business, the establishment of the Grayscale XRP Trust could be a precursor to an XRP exchange-traded fund (ETF), which would differ significantly from the trust structure. Fox Business reporter Eleanor Terrett elaborated on these differences, noting, “An ETF must be approved by the Securities and Exchange Commission since it is marketed directly to retail investors, while a trust’s structure and sales pitch to so-called accredited investors gets a lighter regulatory touch.”
Grayscale has outlined a four-phase product life cycle for the XRP trust, hinting at the potential future transformation of this trust into an ETF. “Each Product is intended to follow a four-stage life cycle — with the ultimate goal of uplisting the product to an ETF,” Grayscale mentioned in a FAQ. The company emphasizes that as the product advances through these stages, it will offer increased investor access and transparency.
Highlighting the significance of XRP, Grayscale’s head of product and research, Rayhaneh Sharif-Askary, emphasized its practical application: “By facilitating cross-border payments that take just seconds to complete, XRP has the potential to transform the legacy financial infrastructure.” Grayscale points to XRP’s utility in modernizing traditional financial systems, noting its capacity for facilitating swift international payments, tokenization, and decentralized finance, leveraging the decentralized and public nature of the XRP Ledger.
Trump Loves Tesla could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Trump Loves Tesla (TRUMPTES), a Solana memecoin launched this week, is set to explode over 14,000% in price in the coming days.
This is because TRUMPTES is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Currently, Trump Loves Tesla can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump Loves Tesla could become the next viral memecoin.
Trump Loves Tesla launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Trump Loves Tesla on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Loves Tesla by entering its contract address – FaFJ9k5uXfXM9KWY8ptvXmYHJR4TjBtQZ2N8oo7kWgtv – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPTES.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
MicroStrategy, a prominent business intelligence firm, has significantly increased its Bitcoin holdings, purchasing about 18,300 Bitcoins between August 6 and September 12. This recent acquisition, documented in a Form 8-K filed with the United States Securities and Exchange Commission (SEC), involved a $1.11 billion expenditure, averaging $60,408 per Bitcoin, inclusive of expenses and fees.
Since its initial Bitcoin purchase on August 11, 2020, under the guidance of CEO Michael Saylor, MicroStrategy has aggressively expanded its Bitcoin investments. The company now holds approximately 244,800 BTC, valued at roughly $14.14 billion. The average purchase price of the accumulated Bitcoins since August 2020 stands at $38,585 per Bitcoin, totaling about $9.45 billion in investment.
This strategy of substantial Bitcoin acquisition has stirred both debate and commendation among financial analysts, yet MicroStrategy has persistently pursued its course in bolstering its Bitcoin reserves. The funds for the latest purchase were sourced from the sale of company shares, facilitated by an agreement with several financial institutions established on August 1. By September 12, according to SEC filings, MicroStrategy had raised approximately $1.11 billion by selling 8,048,449 shares. The capital from this substantial share sale was directly used to increase the company’s Bitcoin portfolio.
As of August 10, MicroStrategy’s Bitcoin assets included 226,500 BTC valued at $13.77 billion, acquired at an average price of $37,000 per Bitcoin. At that time, Bitcoin’s price hovered around $60,500, providing MicroStrategy with $5.39 billion in unrealized profits. Since starting its Bitcoin investments in August 2020, MicroStrategy’s strategy has not only surpassed the performance of the S&P 500 index but also led to a dramatic 1,000% increase in the value of its MSTR stock, amounting to returns over 16 times those of the S&P 500 during the same timeframe.
Trump Loves Tesla could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Trump Loves Tesla (TRUMPTES), a Solana memecoin launched this week, is set to explode over 14,000% in price in the coming days.
This is because TRUMPTES is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Currently, Trump Loves Tesla can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump Loves Tesla could become the next viral memecoin.
Trump Loves Tesla launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Trump Loves Tesla on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Loves Tesla by entering its contract address – FaFJ9k5uXfXM9KWY8ptvXmYHJR4TjBtQZ2N8oo7kWgtv – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPTES.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Pepe Rektember could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Pepe Rektember (PEPEREKT), a Solana memecoin launched recently, is set to explode over 15,000% in price in the coming days.
This is because PEPEREKT is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Pepe Rektember has already rallied 600% in the last few days since its launch, and it is well positioned to continue to rise.
Currently, Pepe Rektember can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Pepe Rektember could become the next viral memecoin.
Pepe Rektember launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Pepe Rektember on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Rektember by entering its contract address – 2Ljnq1rNf2fzWwZGaHQkBteS1wrsbqiqtdVsxRhDWN6H – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPEREKT.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Musk Moon could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Musk Moon (MUSKMOON), a new Solana memecoin that was launched recently, is poised to explode over 18,000% in price in the coming days.
This is because MUSKMOON is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Musk Moon can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Musk Moon could become the next viral memecoin.
Musk Moon launched with over $3,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Musk Moon on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Musk Moon by entering its contract address – EeALBZqKS9k4YCFngxwUynEpoKW8Mqf6hXDLuUHhGs1Q – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MUSKMOON.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Trump Loves Tesla could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Trump Loves Tesla (TRUMPTES), a Solana memecoin launched this week, is set to explode over 14,000% in price in the coming days.
This is because TRUMPTES is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Currently, Trump Loves Tesla can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump Loves Tesla could become the next viral memecoin.
Trump Loves Tesla launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
To buy Trump Loves Tesla on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Loves Tesla by entering its contract address – FaFJ9k5uXfXM9KWY8ptvXmYHJR4TjBtQZ2N8oo7kWgtv – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPTES.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.