Bloomingbit Newsroom

An analysis has suggested that there is still potential for further upside in TRON (TRX). On the 24th (local time), joao wedson, a CryptoQuant analyst, stated in a report, "According to the Buy/Sell Pressure Delta indicator, buying pressure on TRON has recently increased," adding, "Buying pressure has not reached its peak yet, indicating that the bullish trend is still ongoing." He further commented, "This means there is still room for further upside." The Buy/Sell Pressure Delta is an indicator that, based on the most recent 90 days, assesses which side—buying or selling pressure—is dominant. As of 11:06 AM, on the Binance USDT market, TRON was trading at $0.2692, down 0.81% from 24 hours ago.

Brad Garlinghouse, CEO of Ripple, stated that spot Exchange Traded Funds (ETFs) for crypto assets (cryptocurrencies) serve as a bridge connecting existing finance and the industry. On the 25th (local time), Brad Garlinghouse, Ripple CEO, said on YouTube, "Crypto asset ETFs are a gateway for institutional investors to enter the market," adding that "they act as a bridge connecting traditional finance and the crypto asset industry." He continued, "Through this, the crypto asset industry may be able to enter the institutional framework," and explained, "Traditional institutional investors have begun to recognize crypto assets as a 'legitimate asset class' like gold." Meanwhile, according to the decentralized prediction platform Polymarket, the probability of an XRP spot ETF being approved this year has reached 83%. As of 7:28 p.m., XRP is trading at $2.2908 on the Binance USDT market, down 2.57% from 24 hours ago.

Ethereum Layer 2 (L2) Taiko has announced plans to hold Trailblazer Season 3. On the 11th (local time), Taiko Labs announced via its official page that Season 3, offering even greater rewards, will follow after the conclusion of Trailblazer Season 2 on the 16th. Through Trailblazer Season 3, 12,000 TAIKO will be distributed to each of the top 100 liquidity providers. Trailblazer participants can earn points by providing liquidity to designated pools within selected dApps, and leaderboard snapshots will be taken starting from Day 1 of Season 3.