Editor's PiCK

[Today's Global Trending Coins] Solana, Coinbase, XRP & More

Suehyeon Lee

Summary

  • Solana attracted investors' attention as the proposal to reduce the inflation rate was rejected.
  • The state of Vermont's withdrawal of the staking-related lawsuit against Coinbase had a positive impact.
  • XRP recorded a price increase alongside news that the SEC lawsuit against Ripple is entering its final stages.

According to the Token Mindshare Top Gainers from Kaito, an AI-based Web3 search platform (Token Mindshare is a metric that quantifies the influence of specific tokens in the virtual asset market), the top 5 virtual asset-related keywords that people are showing the most interest in as of the 14th are Solana (SOL), Coinbase, XRP, Fuzzy Penguin (PENGU), and Crypto: The Game.

Solana drew attention today as the SIMD-0228 proposal, which contained provisions to reduce the inflation rate by up to 80%, was rejected with 61.4% in favor. It is known that a 66.67% approval rate is required for a proposal to pass. Currently, Solana is trading at $124.48 on CoinMarketCap, down 0.51% compared to the previous day.

Coinbase gained attention today as the state of Vermont withdrew its staking-related lawsuit. In response, Coinbase Chief Legal Officer (CLO) Paul Grewal welcomed this through X, saying it was "a decision that clarifies staking services are not securities." Meanwhile, on the same day, Coinbase also added DOGINME to its listing roadmap.

XRP has been drawing attention as news emerged that the Securities and Exchange Commission (SEC) lawsuit against Ripple is entering its final stages. Currently, XRP is trading at $2.29 on CoinMarketCap, up 2.29% compared to the previous day.

Fuzzy Penguin received attention after being listed on Robinhood that day. Currently, Fuzzy Penguin is trading at $0.006432 on CoinMarketCap, up 8.81% compared to the previous day. Lastly, the Web3 game Crypto: The Game is presumed to have increased mentions online due to ongoing player voting and events.

In addition, investors have shown interest in Wayfinder, TRUMP, World Liberty Financial (WLFI), Reserve Rights (RSR), and Sonic (S).

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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