COIN OF THE DAY $DIA #DIA #CRYPTO2025 #DYOR | Phoenix Group on Binance Square

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COIN OF THE DAY

$DIA  
#DIA 

#CRYPTO2025 #DYOR 

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Polymarket unveils acquisition of QCEX for $112M #Polymarket has acquired a Commodity Futures Trading Commission-licensed derivatives exchange, #QCEX , for $112M, expanding its platform availability in the United States and enabling more users to trade prediction market contracts with clear regulatory compliance. Polymarket is a decentralized prediction market platform that enables users to speculate on the outcome of real-world events using cryptocurrency. 👉 theblock.co/post/363623/polymarket-plans-to-re-enter-us-with-acquisition-of-derivatives-exchange-qcex

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MoonPay unveils a partnership with TRON #MoonPay partners with #TRON to launch a native non-custodial TRON wallet directly in the MoonPay app. Through this partnership, users will be able to buy, sell, send, and store $TRX and $USDT, with more tokens coming soon. MoonPay is a financial technology company that provides payment infrastructure for cryptocurrencies. It offers on-and-off-ramp products that enable users to seamlessly convert between fiat currencies and cryptocurrencies using major payment methods, including debit and credit cards, local bank transfers, Apple Pay, Google Pay and Samsung Pay. 👉 x.com/moonpay/status/1947274986416185657

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Binance Wallet unveils Treehouse $TREE Booster Program #BinanceWallet is launching an exclusive Booster Campaign with #Treehouse . Users can share a total prize pool of 2% of the $TREE total token supply by completing booster tasks and supporting the project during its early development phase. The first phase will take place between July 22nd and 28th. Through the first phase $750,000 in $TREE tokens will be allocated to participants. Treehouse Finance is a decentralized finance platform focused on building fixed-income products and infrastructure. 👉 binance.com/en/support/announcement/detail/b49f09a8ab08486cb5382b0effb94793

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StablecoinX Inc. to acquire $260M in $ENA from open market purchases #StablecoinX Inc. has announced a $360M capital raise to acquire $ENA and plans to pursue a listing of its Class A common shares. To kickstart its acquisition strategy, StablecoinX Inc. will allocate the full $260M in cash proceeds from the raise to purchase locked ENA from a subsidiary of the #EthenaFoundation. The planned deployment involves spending around $5M per day starting today, spread over the next six weeks. At current prices, the $260M purchase accounts for approximately 8% of the circulating supply. 👉 x.com/ethena_labs/status/1947286869341016116

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Waves Protocol Monthly Highlights #WavesProtocol has introduced a series of strategic updates over the past month, underscoring its ambition to evolve from a general-purpose blockchain into a next-generation infrastructure layer for #Web3. The team launched two major AI-driven tools - the #AI Launchpad and AI Liquidity Manager - designed to streamline token creation and liquidity provisioning for builders. At the protocol level, Waves finalized its #Layer1 network, achieving greater decentralization, enhanced speed, and improved security. Additionally, the integration of #PupasAI marked a step forward in leveraging intelligent agents within the ecosystem. In parallel, Waves’ EVM-compatible #Layer2 solution, #UnitsNetwork , successfully raised $10 million in funding to accelerate development and onboarding. This milestone strengthens Waves’ foothold in the multi-chain stack and signals investor confidence in its Layer 2 vision. As a result of these cumulative efforts, the native $WAVES token saw a 22.3% price increase over the past 30 days, now trading at $1.19 with a market capitalization of $141.37 million. With continued focus on AI, scalability, and interoperability, Waves appears poised to play a larger role in the evolving Web3 infrastructure landscape. Waves is a multi-purpose blockchain platform that supports various use cases, including decentralized applications and smart contracts.

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