[Today's Global Trending Coins] Ethereum, Kaito, Solana, and More

According to the top gainers on the Token Mindshare, an AI-based Web3 search platform Kaito, the top five cryptocurrencies that people are most interested in as of the 8th are Ethereum (ETH), Kaito (KAITO), Solana (SOL), Obol (OBOL), and Arbitrum (ARB).

Ethereum drew attention as the Pectra upgrade was completed the day before (7th). The core of the Pectra upgrade is to enhance the scalability of the Ethereum network. Initially, the Ethereum Foundation planned to proceed with the Pectra upgrade last year, but due to technical errors, it was carried out this month. The market's expectation for a significant rebound in Ethereum's price has grown with this large-scale upgrade. As of today, Ethereum is trading at the low $1900s on CoinMarketCap, up about 4.3% from the previous day.

Kaito has been showing double-digit growth rates since the day before (7th), which seems to have increased its mentions online. As of today, Kaito is trading at around $1.4 on CoinMarketCap, up about 28.4% from the previous day. Compared to a week ago, it has risen by nearly 65%. Kaito is an on-chain analysis platform that combines AI and blockchain technology.

Solana gained attention as it was reported that the US securities trading platform Robinhood is developing a security token offering (STO) trading platform with the goal of entering the European market. Robinhood is reportedly considering Solana and Arbitrum as the two chains to utilize on the platform. The decision by the board of the US-listed company DeFi Development, which adopted Solana as a reserve asset, to split its issued shares 7-to-1 for a Solana-centric financial strategy, also seems to have contributed to the increase in online mentions.

Obol saw an increase in online mentions as its price plummeted shortly after being listed on the global cryptocurrency exchange Binance on the 7th. Obol is a utility token issued by the Ethereum network-based startup Obol Collective. As of today, Obol is trading at around $0.29 on CoinMarketCap, down about 30% from the previous day.

Arbitrum gained attention as it was revealed that Robinhood is considering Arbitrum alongside Solana for its security token trading platform. DL News also drew attention by reporting that "Arbitrum's governance participation rate has halved since last year." According to DL News, Arbitrum's price has decreased by more than 70% over the past 12 months. As of today, Arbitrum is trading at around $0.32 on CoinMarketCap, up about 6.7% from the previous day.