📉 Possible correction for BTC Analysts from CryptoQuant no | TopCryptoNews on Binance Square

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📉 Possible correction for BTC
Analysts from CryptoQuant note that demand for Bitcoin has become negative. This indicates market weakness and increases the likelihood of a correction.
#BTC #bitcoin $BTC  

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🟠 $1 Investment in #Bitcoin in 2010 is now worth $2,000,000 📈 $BTC #BTC

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⭐️ Aptos Labs CEO and co-founder Avery Ching joins CFTC Digital Asset Markets Subcommittee Avery Ching, CEO and co-founder of Layer 1 blockchain developer Aptos Labs, has joined the Commodity Futures Trading Commission subcommittee focused on digital asset markets. Ching joins other crypto-native industry executives as well as traditional finance leaders on the CFTC Global Markets Advisory Committee (GMAC) Digital Asset Markets Subcommittee, such as Polygon Labs Head of Policy Rebecca Rettig, CoinFund President Christopher Perkins, Nasdaq Vice President Tony Sio, and Franklin Templeton Senior Vice President Sandy Kaul. Ching also onboards at a time when the CFTC's oversight over cryptocurrencies expands — and as the agency's top leadership either leaves or plans to leave, which could potentially bring in more crypto-friendly commissioners, The Block reports. The GMAC assists the CFTC in maintaining the global competitiveness of United States markets and companies. It has three subcommittees focusing on global markets structure, digital asset markets, and technical issues. The CFTC GMAC Digital Asset Markets Subcommittee supports effective digital asset regulation and bolsters collaboration between industry participants and regulators, according to a CFTC release. "Avery will collaborate with other leaders from web3 and financial services to help shape digital asset regulations" as a new member of the CFTC's GMAC Digital Asset Markets Subcommittee, Aptos Labs wrote on the social media platform X. In March 2024, the CFTC GMAC Digital Asset Markets Subcommittee defined and standardized terminology for central bank digital currencies, stablecoins, and other digital assets for better regulatory clarity and consistent language. Aptos Labs develops the Layer 1 blockchain Aptos, which focuses on building a scalable, user-friendly basis for decentralized applications and smart contracts. The network's native token APT traded at $4.79 as of writing, bringing in nearly $200 million in trading volume in the past 24 hours. #APT #Aptos

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🪙 $XRP Ledger's Ethereum-compatible sidechain launches on mainnet The Ledger, a blockchain associated with cross-border payments firm Ripple, has launched its EVM sidechain on mainnet, enabling developers to build, port, and deploy cross-chain Ethereum-compatible applications within its ecosystem. The XRPL EVM Sidechain, a parallel-running blockchain, integrates the XRP Ledger's low-cost transaction capabilities with Ethereum's smart contract functionality, opening the door to new classes of decentralized apps — including lending, tokenization, and payments — on infrastructure optimized for speed, security, and scale, according to a statement shared with The Block. "The XRPL EVM Sidechain introduces a flexible environment for developers to deploy EVM-based applications, while maintaining a connection to the XRPL's efficiency," Ripple CTO and co-creator of the XRP Ledger, David Schwartz, said. "It extends the capabilities of the ecosystem without changing the fundamentals that make the XRPL reliable." 🔸 A new era for XRP' The XRPL EVM Sidechain was developed through a collaborative effort by Ripple, Peersyst, and Axelar — leveraging Evmos' software stack. While the XRP Ledger already supported limited native smart contract programmability, it did not previously support the EVM. However, Flare Network, which integrates with XRPL, also separately provides smart contract functionality using an EVM-compatible layer. "With the launch of XRPL EVM, we're unlocking a new era for XRP — one where it can flow seamlessly across the multichain world," Peersyst founder and CEO Ferran Prat said. "This isn’t the finish line; it’s Day 1 of a much bigger journey toward interoperability, programmability, and utility at scale." The sidechain connects to the XRPL mainnet via Axelar as the exclusive bridge for transferring assets such as wrapped XRP, which will serve as the native gas token. Axelar also connects to over 80 other blockchain networks. #XRP #Ripple

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🔥 Significant Development – According to the CEO’s Claim, the Solana Spot ETF Will Begin Trading on Wednesday The REX-OSPREY Solana ETF will begin trading on Wednesday, according to the CEO. “If we put the whole system together, it looks like we’re all set for launch,” Bloomberg ETF analyst Eric Balchunas said in a post on the X (formerly Twitter) platform on Friday. ETF Store President Nate Geraci said in a statement the same day that the SEC appeared open to the relatively rare C-Corp (C-corporation) business model that REX Shares uses in its fund structure. This structure had previously been found problematic by the SEC because it conflicted with Rule 6C-11, which governs the governance of ETFs. “It looks like they’re leaning toward moving forward with the creative 40 Act structure,” Geraci said, adding that the process is accelerating, “Here we go.” He also added that they believe all of the SEC’s comments have been resolved. “It looks like the comment issue has been resolved.” #ETF #SOL

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📈 $SEI Network Surpasses 1.6M in Daily Transfers Amid NFT and DeFi Boom The Sei blockchain is currently witnessing a dramatic jump in activity. As per the data from Nansen, a prominent multi-chain analytics platform that uses artificial intelligence (AI), the daily transfers on the Sei Network have spiked above 1.6M, indicating a crucial development for the efficient L1 network. The platform revealed this development in a recent social media post shared on its X account. 💬 Sei is heating up.Daily txns have tripled in the last 3 months, now peaking at over 1.6M/day.Momentum has been building since Q2 began, and it’s not slowing down. — Nansen 🔸 Sei Network Jumps above 1.6M in 24-Hour Transfers as NFT and DeFi Sectors See Massive Growth Nansen’s data points out that the Sei blockchain has been recording a gradual advancement since the beginning of this year’s 2nd quarter. As a result of this, the regular 24-hour transfers of the platform have exceeded the 1.6M mark. In addition to this, the data also discloses that this meteoric upsurge displays a notable increase from nearly 600,000 per-day transfers witnessed in January 2025. Hence, the latest spike in this regard shows a confluence of several ecosystem catalysts. They take into account new launches in gaming, NFT, and DeFi sectors. 🔸 Sei’s Growth Driven by Speed, Fees, and Hype There are some other notable factors behind Sei’s remarkable development take into account trading with low fees and ultra-fast speed. Along with that, the institutional interest is also growing in the Sei network as top institutions are amassing $SEI tokens. According to Nansen, the social sentiment around the Sei blockchain is largely bullish. Particularly, the consumers a thrilled about the current ecosystem growth and rewards. As a result of this ecosystem expansion in NFT and GameFi landscapes, the platform is set to attain new milestones. #SEI

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