I was too busy in the morning, just a brief update on several project developments from last night:
1. 50994025310 is in discussions with the U.S. SEC cryptocurrency working group regarding a compliant issuance scheme for tokenized securities. The newly appointed SEC chair is a crypto-friendly person, so $ondo $plume $RSR $POLYX $tru can be added to the watchlist.
2. The Chicago Mercantile Exchange will launch $xrp futures, but the previous $SOL futures did not have a significant spike, so the market's reaction has been relatively muted.
3. $RAY's official Twitter hinted at an airdrop for token holders, which is a small positive. However, since RAY lost support from PUMPFUN earlier this year, its market share on SOLANA's DEX has noticeably declined, which is something to keep an eye on.
4. Tether increased its stake in Juventus Football Club, and the related token $JUV had a spike, but its sustainability is not very strong.
Overall, the current market sentiment is relatively positive, and project teams are willing to release good news. If Bitcoin can consolidate at this level, the altcoin market will continue.