U.Today presents the top three news stories over the past day.
BlackRock and Fidelity predicted to join XRP ETF race by top analyst
As the Ripple v. SEC battle seems to be finally over, more and more speculations about the imminent approval of the XRP ETF started to arise, with prominent voices,such as Nate Geraci, agreeing on the matter. In a recentX post, Geraci opined that XRP ETF approval is "simply a matter of time," expecting BlackRock, Fidelity and other established asset managers to be involved. "XRP currently 3rd largest non-stablecoin crypto asset by market cap.Largest ETF issuers aren’t going to ignore this," wrote the analyst. According to CoinMarketCap data, at press time, the market capitalization of XRP stands at $135 billion, pushed to fourth place by Tether, whose market capitalization currently comprises $144 billion.
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"Where is Shytoshi?" SHIB team addresses community’s major concern
It has been one month sinceShytoshi Kusama, the enigmatic leader of Shiba Inu, posted his last post on X platform. On Feb. 21, Kusama endorsed new liquidity pools on the Shiba Inu network, but after that his social media activity dropped to zero. This sudden disappearance of the SHIB lead concerned the meme coin's community, prompting the SHIB team to respond to the growing anxiety. Lucie, Shiba Inu's marketing lead,addressed the concerns, stating that Shytoshi "is doing exactly what he announced he would,” meaning his hard work around the globe bringing awareness about the project. Shibarium Updates, an X account devoted to all Shibarium-related news, has also releaseda post about Kusama's absence, explaining it by the SHIB lead simply being "ten steps ahead."
Cardano's (ADA) imminent game-changing upgrade in spotlight: Details
Cardano (ADA) is poised fora major upgrade that could redefine its scalability and efficiency. Tim Harrison, EVP Community & Ecosystem at Input Output, believes that the upcoming Leios upgrade will be "game changing" for the Cardano blockchain. Heexplained that Leios uses a parallel block process that allows it to increase throughput while preserving security and decentralization. Currently in research and development, Ouroboros Leios aims to enhance the throughput of the Cardano network by optimizing resource utilization and facilitating faster transaction processing and confirmation. At the moment, Cardano runs the Ouroboros Praos protocol, which introduced significant security and scalability improvements to Ouroboros Classic. Once implemented, Leios will expand Praos' capabilities.
