Daily Summary on May 24, 2025 $WLD $AAVE $HYPE $PI $INJ $BT | Phoenix Group on Binance Square

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Daily Summary on May 24, 2025

$WLD $AAVE $HYPE $PI $INJ $BTC  $ETH  $SOL  #DOGE  #SUI 

#dailysummary  #DeFi  #Crypto 

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WLD

1.493

-3.80%

AAVE

268.14

+3.93%

INJ

13.84

-0.21%

358

0

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U.S. Banks explore joint stablecoin initiative amid pending regulation Several major U.S. banks, including #JPMorganChase , #BankofAmerica , #Citigroup , and #WellsFargo , are in early discussions to develop a joint #stablecoin project, according to a Wall Street Journal report. The move would be a direct challenge to the current dominance of crypto-native issuers #Circle and #Tether in the $245 billion #stablecoin market. The banks are reportedly exploring the effort through their affiliated payment companies, such as Early Warning Services and the Clearing House.

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Hyperdrive raises $6M in a Series A funding round Hyperdrive secures $6M in a funding round led by #HackVC and #ArringtonCapital , with participation from #DelphiVentures, #CMSHoldings, #AmberGroup, #SusquehannaInternationalGroup, #Caladan, #ProofVC and angel investors. #Hyperdrive is a decentralized finance #DeFi platform focused on stablecoin lending and yield strategies within the #Hyperliquid ecosystem.

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LIQUIDATION DATA IN 24 HOURS TOTAL LIQUIDATIONS: UP TO $442.07M TOP 5 COINS WITH HIGHEST LIQUIDATION: $BTC ~ $189.14M $ETH ~ $135.78M $SOL ~ $33.78M #DOGE ~ $19.62M #SUI ~ $14.70M #Blockchain #DeFi #liquidation

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Orbiter Finance announces an airdrop for Binance Alpha traders #Binance airdrops 8,000 $OBT (~$93) to eligible users with at least 200 Alpha Points. Users can claim airdrop until May 25nd at 10:00 UTC; otherwise, the reward will become unavailable. Сlaiming an airdrop will consume 15 Alpha Points. #OrbiterFinance is a decentralized bridge protocol that facilitates the transfer of assets between different blockchain networks, particularly focusing on #Ethereum and its #Layer2 rollups.

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DAILY GAINERS #RWA +38.2% #STMX +18.8% #SEND +17.3% #MATH +16.4% $ARDR +13.5% $AMPL +9.3% $OL +9.2% $BOBA +8.9% $GEAR +8.2% $SYRUP +7.0% #dailygainers

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