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Daily Summary on November 4, 2024 $ENA $DOGE $SUI $PENDLE $RAY #BTC #ETH $SOL #dailysummary #DeFi #Crypto
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Sonic SVM partners with Solayer Labs and Adrastea to enhance Solana restaking ecosystem #SonicSVM has partnered with #Solayer and #Adrastea to enhance the #Solana restaking ecosystem. With over $50 million $SOL now delegated, Sonic has emerged as the largest Actively Validated Service on Solayer. In conjunction with this milestone, a new rewards program is being introduced for Solayer users, allowing them to earn bonus rewards by delegating #SOL or eligible tokens to Sonic.
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XYO Network expands to Solana, enhancing cross-chain trading options #XYO , a decentralized physical infrastructure network, has transitioned from #Ethereum to #Solana , highlighting the latter's efficient transaction capabilities. The XYO token is now available on both blockchains, enhancing cross-chain trading options. Users can trade XYO $XYO against Solana’s $SOL and #USDCoin $USDC on decentralized exchanges like #Jupiter and #Raydium. This move aims to expand accessibility across various blockchain networks.
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TON Foundation unveils Society DAO to enhance decentralized governance and community engagement #TONFoundation has introduced #SocietyDAO , a new governance model designed to promote decentralized decision-making and support growth within the #TON $TON ecosystem. This initiative encourages community members to actively participate in project management and resource allocation, moving away from a centralized structure.
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Paxos launches Global Dollar $USDG stablecoin #Paxos has launched the Global Dollar #USDG , a new stablecoin backed by the US dollar, compliant with Singapore's Monetary Authority of Singapore (MAS) upcoming regulations. Issued by Paxos Digital Singapore Pte. Ltd., USDG aims to enhance global #stablecoin adoption, particularly among regulated institutions.
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