In today’s top crypto headlines, Ethereum leads the charge with a double-digit rally, while enterprise blockchain adoption takes center stage with Wellgistics’ bold $50 million XRP treasury initiative.
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Ethereum Soars Over 20% Post-Pectra Upgrade
Ethereum ($ETH) jumped more than 20% in the last 24 hours, breaking past key resistance levels after the successful implementation of the much-anticipated “Pectra” upgrade. The upgrade, which enhances scalability, gas efficiency, and modular execution, has reinvigorated investor sentiment and attracted fresh institutional attention.
Analysts attribute the rally to renewed confidence in Ethereum’s long-term roadmap, with growing speculation around increased Layer 2 activity and ETH becoming further entrenched as the leading smart contract platform.
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Wellgistics Commits $50M to XRP as Treasury Reserve
In a groundbreaking move for enterprise blockchain adoption, Wellgistics — a pharmaceutical logistics leader — has announced a $50 million XRP integration and treasury reserve strategy.
The initiative will:
Integrate XRP into cross-border settlement flows for supply chain payments.
Hold XRP on balance sheets as a strategic digital reserve.
Leverage the XRP Ledger for transaction transparency and cost savings.
The decision marks a major step in institutional utility for XRP, potentially signaling a broader trend of corporate treasury diversification into digital assets.
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Other Notables:
DeFi TVL rises 7% as Ethereum’s surge ripples across protocols like Lido, Aave, and Uniswap.
Bitcoin remains steady above $104K, showing resilience as capital rotates into altcoins.
Binance Launchpool gears up for its next project with staking set to open tomorrow.
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Market Takeaway
Ethereum’s momentum post-upgrade and XRP’s growing enterprise use case highlight the dual forces shaping today’s market: innovation-driven rallies and real-world adoption. Traders are advised to watch for continued altcoin rotation and potential upside in utility-based tokens.
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