Global

While Solana (SOL) has recently seen its price remain stable around $168, a deeper look suggests the cryptocurrency could be on the verge of a major price increase, driven primarily by institutional interest.

SharpLink, a Nasdaq-listed company, has made a significant move by purchasing over 83,500 ETH for approximately $304 million between July 28 and August 3.

Cardano (ADA) may be the next cryptocurrency to get a U.S. spot Exchange Traded Fund (ETF), thanks to a confluence of new legislation, institutional interest, and technical developments.

Galaxy Digital is looking to expand its reach to the on-chain community by tokenizing its stock, GLXY. This is being done through a partnership with Robert Leshner's firm, Superstate.

Pudgy Penguins, a meme coin known as $PENGU, is gaining significant traction and is positioning itself as a serious contender in the volatile meme coin market.

Remitly, a global remittance company, is introducing stablecoin functionality to its payment network to improve the speed and efficiency of international money transfers.