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BTC
broke through 94,000 USDT and is now at 94,202 USDT, with a 24-hour increase of 1.92%. It has set a new record high. However, the overall cryptocurrency market fell by 1% in 24 hours.
ETH
/BTC fell below 0.033, hitting a new low since April 2021.
#BTC
#ETH
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Pine Analytics: Solana’s DeFi has moved to private DEXs (e.g., SolFi, Obric v2, ZeroFi), handling 40-60% of trades via Jupiter, using internal treasuries and oracle pricing. This boosts efficiency USDC/USDT and SOL pairs dominate, with some memecoins. Solana Labs’ upgrades may impact private DEXs’ advantages.
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Pine Analytics: Solana’s DeFi ecosystem has shifted from public, passive liquidity pools to private execution DEXs (e.g., SolFi, Obric v2, ZeroFi), with 40-60% of volume routed through the Jupiter aggregator. These rely on internal treasuries and oracle pricing for efficient execution but sacrifice composability. Key trading assets: USDC/USDT and SOL pairs, with occasional new memecoins. Solana Labs recently announced upgrades that may reduce the edge of private DEXs.
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South Korea’s largest exchange Upbit announced the launch of Nexspace NXPC’s KRW、BTC、USDT trading pairs. Nexpace is the native token of Henesys L1, the mainnet of MapleStory Universe, and supports Avalanche C Chain as a multi-chain. MapleStory Universe is a virtual world built based on Maple Story, the representative game IP of game developer NEXON.
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MetaComp, a licensed institution in Singapore, has released the cross-border foreign exchange payment infrastructure platform, StableX. The platform is specifically designed to meet the foreign exchange needs of cross-border merchants, financial institutions, payment service providers, and global enterprises. Currently, it supports USDT and USDC.
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The cryptocurrency and stock trading platform EToro (ticker: ETOR) officially listed on the Nasdaq exchange on Tuesday evening. The company issued 6 million shares at $52 per share, raising approximately $310 million, with a valuation reaching $4.2billion. http://coindesk.com/markets/2025/05/13/etoro-goes-public-at-52-a-share-far-exceeding-marketed-range
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