Editor's PiCK

[Today's Global Trending Coins] XRP, Kaito, Sui, and Others

Source
Uk Jin

Summary

  • XRP has attracted investor attention for the launch of a Gemini credit card and its up to 4% cashback benefit.
  • Solana (SOL) is seeing significant attention as major companies like Galaxy Digital are planning to convert into listed reserve firms through fundraising of over $1 billion.
  • Avalanche (AVAX) is drawing investor interest due to expectations for ETF conversion by Grayscale.

According to the Token Mindshare Top Gainer index of Kaito, an AI-based Web3 search platform, as of the 26th, the most notable crypto asset-related keywords in the market are XRP, Kaito, Sui, Solana, and Avalanche.

First, the top spot goes to XRP. On this day, the cryptocurrency exchange Gemini drew the attention of investors by launching an XRP-based credit card. This credit card offers a benefit of up to 4% cashback in XRP.

Kaito ranked second. The platform gained more mentions among investors due to increased discussion related to Kaito's yapping feature.

Sui gained significant community attention at a conference held in Bali. Many Key Opinion Leaders (KOLs) participated in the event, posting related content and boosting mentions.

Solana took fourth place. Investor interest soared amid expectations that a publicly listed company would hold Solana in reserve. Galaxy Digital, Multicoin Capital, and Jump Trading are driving a $1 billion fundraising effort to purchase Solana. Their plan is to acquire a listed company and transform it into a firm that holds Solana as a reserve. Additionally, Pantera Capital is seeking a listed company to hold Solana with a $1.25 billion fundraise.

Lastly, Avalanche secured a top ranking due to heightened expectations for Exchange Traded Fund (ETF) conversion. Reports indicate that crypto asset manager Grayscale has submitted documents to the Securities and Exchange Commission (SEC) to convert the Avalanche Trust product into an ETF.

Other coins attracting investor attention include Maverick (MAVRYK), PlayAI (PLAYAI), HUMA Finance (HUMA Finance), HANA (HANA), and USDC.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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