Episode 423
📍 VanEck predicts Solana's price will more than double to $520 by the end of 2025, citing its growing market share in the smart contract platform market.
📍 The US Commodity Futures Trading Commission is planning a pilot program for tokenization involving stablecoins and distributed ledger technology, with a CEO summit to be attended by top executives from Coinbase, Ripple, and Circle.
📍 Ethereum's upcoming Pectra upgrade aims to improve network performance and user experience with features like account abstraction, smart contract optimizations, and improved staking options, with a rollout expected in mid-March 2025.
📍 The US Senate is moving forward with stablecoin legislation, with a new bill introduced by Senator Hagerty that outlines an oversight regime for stablecoin issuance, and hearings were held on the "debanking" of crypto companies by institutions like the FDIC.
📍 The crypto market is seeing significant developments, including the launch of Ondo Finance's tokenization blockchain and Berachain's mainnet, as well as MicroStrategy's rebranding and continued commitment to purchasing bitcoin.
