Summary
- As of the 17th, according to Kaito's Token Mindshare index, the crypto assets receiving the most investor attention are Pump.fun, Tron, Hyperliquid, Bitcoin, and Solana.
- Tron attracted investor interest upon news of its acquisition of SRM Entertainment and possible US listing, with SRM Entertainment stating it plans to raise $210 million to stockpile Tron tokens.
- Solana drew attention as CoinShares applied to the SEC for a Solana spot ETF, but a quick ETF approval appears unlikely.
According to the Token Mindshare (an index that quantifies the influence of specific tokens in the crypto asset market) Top Gainers from the AI-based Web3 search platform Kaito, as of the 17th, the top five crypto asset-related keywords that people are currently most interested in are Pump.fun, Tron (TRX), Hyperliquid (HYPE), Bitcoin (BTC), and Solana (SOL).
Pump.fun, a Solana-based meme coin protocol, took the top spot. On this day, interest among investors surged as Pump.fun’s account was suspended on X (formerly Twitter) for regulatory violations. The founder, Alon, also reportedly had their account suspended.
Tron ranked second. Attention from investors was driven by news that Tron had acquired Nasdaq-listed SRM Entertainment and was considering a US listing. Following this, SRM Entertainment’s stock price soared 533.79% intraday. SRM Entertainment is reportedly planning to issue $100 million in preferred shares to individual investors and raise $210 million to stockpile Tron tokens.
Hyperliquid came in third.
In fourth place was Bitcoin, the market leader of crypto assets. On this day, heightened volatility due to the Middle East conflict caused concern among investors. Notably, US President Donald Trump and the Embassy of China in Israel each issued evacuation orders for Iran and Israel, respectively. As of 1:20 PM, Bitcoin is up 1.48% from the previous day at $107,596. It reached $109,000 overnight amid optimism but has since given back some gains.
Solana ranked fifth. Attention focused on Solana after asset management firm CoinShares applied to the SEC for a Solana spot ETF overnight. However, a swift approval of the Solana spot ETF appears unlikely. Bloomberg ETF analyst James Seyffart said: “Approval for a Solana spot ETF next week is unlikely,” adding, “There were months of repeated filings and adjustments for the Bitcoin spot ETF as well.”
Additionally, it appears that investors are showing interest in Ethereum (ETH), USDC, Noya AI, XRP, Arbitrum (ARB), among others.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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