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Ethereum is rapidly solidifying its leadership in the tokenization of real-world assets, which is the process of representing assets like government bonds or real estate on a blockchain. The network’s dominance is particularly evident in its market share, holding a significant majority of the on-chain value for RWAs, especially when including its layer-2 networks. This is attributed to a network effect where liquidity attracts more liquidity, making Ethereum the preferred destination for major financial institutions like BlackRock and Fidelity that are entering the space with tokenized funds.
The statistics highlight Ethereum's commanding position, with the network hosting the vast majority of stablecoins, which are considered a foundational RWA. It also leads in the tokenization of other assets, such as U.S. Treasuries and gold. The article suggests that Ethereum's credible neutrality and security make it a suitable "world ledger" for these assets, attracting institutional players who see the long-term potential of the network, even as individual traders might be selling off. Source
In 2025, the growth of blockchains is being driven by genuine user engagement and technological advancements, moving beyond mere speculation. The key metric for this growth is the number of active users, defined as a unique wallet address that has completed a transaction. The fastest-growing blockchains are those with low transaction fees, seamless integration with consumer platforms, and thriving ecosystems for decentralized finance and NFTs. This list ranks the top 10 fastest-growing blockchains, noting whether they are a foundational layer-1 or a scaling layer-2 solution.
Solana leads the list with 57 million monthly active users, fuelled by its high-speed transactions for DeFi and memecoin trading. It is followed by Near Protocol, which has 51.2 million active users due to its focus on AI integration and low fees. Other notable networks on the list include BNB Chain, Base, and Tron, which are all experiencing significant user growth. While some blockchains like Bitcoin and Ethereum maintain a high user count and institutional investment, they face challenges such as high fees or scalability issues, which newer, faster competitors are capitalizing on. Source
Cboe, a leading derivatives exchange, announced its plan to introduce continuous futures contracts for Bitcoin and Ethereum for U.S. customers in November, pending regulatory approval. Unlike traditional futures that expire monthly, these new contracts will have a 10-year lifespan. The company stated that this will give investors continuous, long-term market access and simplify position management by reducing the need to frequently roll over contracts.
The new futures, which Cboe describes as "perpetual-style," will be cash-settled and will align with real-time spot market prices through daily cash adjustments. This move aims to bring the utility of perpetual futures, which are popular in offshore markets, to a U.S.-regulated environment, offering a trusted and transparent platform for both institutional and retail traders. The announcement is part of Cboe's broader strategy to expand its digital asset offerings, including recent filings for exchange-traded funds for other major cryptocurrencies. Source
The U.S. Securities and Exchange Commission (SEC) has once again delayed its decisions on two significant altcoin ETF applications, specifically extending the review periods for the Bitwise Dogecoin ETF and the Grayscale Hedera ETF until November 12. These delays are part of a larger trend, as the SEC faces a growing backlog of crypto-related ETF applications. Grayscale is also pursuing the conversion of its Litecoin and Bitcoin Cash trusts into ETFs, following the successful precedent it set with its Bitcoin trust conversion in 2024. The firm believes this model will provide better price transparency and liquidity for investors.
The repeated postponements by the SEC underscore the uncertain path for new crypto ETFs beyond Bitcoin and Ethereum. The agency is taking its time to use the full extent of its statutory review periods, rather than issuing swift approvals or rejections. The large number of pending applications for various altcoins, including Solana and XRP, indicates high institutional interest in the space. The SEC has consistently extended deadlines on many of these filings, with new decision dates set throughout the fall for several other crypto ETFs. Source
The Ethereum validator exit queue is expected to see a significant spike in the coming days as Kiln Finance initiates an "orderly exit" of its Ethereum validators. This measure is being taken as a precaution to safeguard client assets following a security incident on the Solana network that affected Kiln's client, SwissBorg. While a large volume of unstaked Ether is sometimes seen as a bearish signal, an Ethereum educator believes the unstaked Ether will not be sold, but rather restaked using new validator keys.
The exit process is a security measure designed to ensure the integrity of the staked assets and is expected to take between 10 and 42 days to complete. The current ETH exit queue sits at over 1.6 million ETH, representing a portion of the total supply that is currently staked. This event highlights the growing importance of security in the staking ecosystem and the precautionary steps taken by firms to protect their clients' assets. Source
Markethive's Swarm Conference Rooms are presented as a secure and private solution for online communication, standing in defiance of what the company describes as increasing censorship and authoritarian control in the digital world. The article aligns Markethive with prominent figures like Elon Musk and Pavel Durov, who have also been vocal about protecting free speech and privacy. The Swarm, a virtual meeting space, is a key component of Markethive's larger vision of a decentralized, blockchain-based ecosystem designed to provide a secure environment for entrepreneurs and others to collaborate without fear of external suppression or data compromise.
The article details the functionalities and features of the Swarm Conference Rooms, which are available to both free and subscription-based Markethive members. The rooms use WebRTC technology for cross-platform compatibility and include tools such as shared calendars, digital whiteboards, screen sharing, and polling. Markethive is also introducing a tiered subscription model with varying seat capacities, allowing for scalability. Additionally, the platform is designed to assist larger organizations, like churches, with features such as multi-camera management and external sharing widgets to enhance their online presence. Source
Truth Social is launching a new cryptocurrency rewards program that will allow premium subscribers to its Patriot Package to earn “Truth gems” through engagement on the platform and its streaming service, Truth+. These gems can then be converted into Cronos (CRO) tokens, using the infrastructure provided by Crypto.com. This initiative is part of a broader push by Trump Media and Technology Group into the digital asset space, which also includes a past filing for a joint Bitcoin and Ethereum exchange-traded fund.
This move marks a shift in the company's approach to digital rewards, as they are now using an existing cryptocurrency rather than a proprietary token. The integration of Cronos is based on a strategic partnership with Crypto.com and aims to reward user loyalty and engagement. The company's focus on decentralized finance and digital assets is also highlighted by its past ventures, including its collaboration with Charles Schwab and its efforts to get crypto-related ETFs approved by the SEC. Source
The Rex-Osprey Doge ETF (DOJE) is set to become the first U.S. exchange-traded fund to hold an asset with "no utility on purpose," according to a Bloomberg analyst. Unlike other crypto ETF filings that use the Securities Act of 1933, this fund is filed under the Investment Company Act of 1940, a framework that provides more investor protection and is typically used for stock and bond ETFs. This distinction is significant as it sets a precedent for how the SEC may approach future approvals for "meme coins."
An expert noted that Dogecoin's proof-of-work consensus gives it a technical advantage over proof-of-stake meme tokens like Shiba Inu and Pepe. While initial institutional interest might be low, a successful Dogecoin ETF could attract attention if its market cap grows substantially. The launch of the DOJE ETF adds to a crowded docket of over 90 crypto-related ETF proposals awaiting decisions from the SEC. Source
Cryptocurrency exchange Gemini has significantly increased the size and valuation of its initial public offering (IPO), raising its target to $433 million and aiming for a valuation of over $3 billion. This comes as the Winklevoss-founded firm revised its share price range upwards from $17-$19 to $24-$26. The move reflects growing investor confidence in crypto-related companies, with Nasdaq also showing its support by committing to a $50 million private placement. The company’s financial filings, however, also revealed a significant increase in net losses for the first half of 2025 compared to the previous year, despite an increase in trading volume.
The upsized IPO places Gemini in a growing field of crypto firms seeking public listings this year. The article notes the successful market debuts of other companies like stablecoin issuer Circle and crypto exchange Bullish, both of which saw strong first-day gains. This trend is happening in an environment where the crypto market is gaining momentum and attracting Wall Street interest. As Gemini prepares for its Nasdaq debut, other major crypto firms like Kraken are also reportedly exploring fundraising options at high valuations. Source
Metaplanet, a firm listed in Tokyo, has finalized a $1.45 billion international share sale, with the vast majority of the proceeds dedicated to acquiring Bitcoin. The company's decision to shift its corporate treasury to the cryptocurrency is driven by economic factors in Japan, including high national debt, negative interest rates, and a weakening yen. This latest share offering, which was approved by shareholders after a significant drop in the company's share price, will issue 385 million shares and is a major step in Metaplanet’s strategy to increase its Bitcoin holdings.
With the proceeds from this sale, Metaplanet plans to purchase a substantial amount of Bitcoin and use a smaller portion for income-generating operations. The company's current Bitcoin treasury now holds over 20,000 BTC, which positions it as the sixth-largest public corporate holder of the cryptocurrency globally. The move is being seen by market observers as a signal that the adoption of Bitcoin as a corporate treasury strategy is spreading beyond the United States and becoming a more mainstream practice in traditional finance. Source
Shares of Asset Entities (ASST), a social media marketing company, saw a significant surge of over 50% in after-hours trading after its shareholders approved a merger with Strive Enterprises. The new company, to be renamed Strive, Inc. and continue trading under the ASST ticker, will focus on becoming a public Bitcoin treasury company. Strive plans to raise $1.5 billion to acquire Bitcoin, with $750 million coming from a Private Investment in Public Equity (PIPE) and a potential additional $750 million from the exercise of warrants. This ambitious plan, if successful, would place the new company in the top 10 largest corporate Bitcoin holders, with an estimated purchase of 13,450 Bitcoin at current market prices. The merger, however, is still subject to conditions, including Nasdaq's clearance of Strive's listing application.
This move by Asset Entities and Strive is part of a growing trend among public companies to hold large amounts of Bitcoin. There are now 186 public companies with significant Bitcoin treasuries, a substantial increase from fewer than 100 at the start of the year. This trend has been a contributing factor to Bitcoin's price rally. The new Strive, Inc. will be led by Matt Cole as CEO and Chairman, with Asset Entities CEO Arshia Sarkhani serving as Chief Marketing Officer. Strive had previously announced its interest in acquiring 75,000 Bitcoin from claims tied to the collapsed Mt. Gox crypto exchange, a strategy aimed at buying Bitcoin at a discount. Source
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
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