Recent days in the crypto industry have showcased several significant events, including updates from Pi Network and the launch of tokenized stocks by Gemini. Approval of the Solana ETF by SEC is also anticipated.
Pi Network Integrates New Features for Pi2Day
Pi Network celebrated Pi2Day by announcing new features, including a no-code app creation platform and a staking utility. These updates aim to expand the ecosystem and deepen user engagement. It is reported that the platform will enable users without programming skills to create applications and manage digital businesses using AI and blockchain. The staking system allows users to enhance app visibility, correlating it with real engagement and innovation.
Gemini Launches Tokenized Stocks in the EU
Crypto exchange Gemini announced the launch of tokenized stock trading in the European Union, starting with shares of Strategy. This step allows European users to access traditional financial instruments through blockchain. Gemini plans to expand its range of tokenized stocks, indicating a growing trend in the industry towards the integration of traditional and crypto assets.
SEC Close to Approving Staked Solana ETFs
REX Shares appears close to launching a staked Solana ETF, having received a favorable response from the SEC. This could become the first crypto ETF in the U.S. tracking staking rewards on the Solana blockchain. The SEC's lack of objections raises optimism among analysts, who assert that this may catalyze further activity in the market.
This week, the cryptocurrency market shows active development of new technologies and strategies. The next steps from companies like Pi Network and Gemini could significantly alter the dynamics of trading and investment in digital assets.
