• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Surge in A-Share Stocks Due to Shanghai's Crypto Strategy

user avatar

by Giorgi Kostiuk

6 hours ago


Recent discussions in Shanghai about cryptocurrencies and stablecoins have led to significant growth in blockchain sector stocks on China's A-share market.

Impact of Cryptocurrency Discussions on A-Share Market

The A-share market reacted to discussions from the Shanghai State-Owned Assets Supervision and Administration Commission, spurring interest among traders for blockchain stocks. While primary leadership has not commented on this surge, stocks like Hengbao Co., Ltd., Pulin Software, and Zhongke Jincai reached their daily gain limits.

Analysis of Stock Rise in Blockchain Sector

Market analysts note that the share price increase is driven by enhanced investor enthusiasm in response to government discussions about cryptocurrencies and stablecoins. However, there are currently no direct quotes or official statements from authorities regarding this A-share rally.

Long-Term Prospects and Technologies

Data from CoinMarketCap indicates that Bitcoin (BTC) trades at $117,478.86 as of July 11, 2025, with a market cap of $2.34 trillion. Interest in blockchain could drive further stock inflation; however, long-term technological advancements are crucial for sustainable market impacts.

The discussions on cryptocurrencies in Shanghai have shown that even temporary shifts in market sentiment can lead to significant stock price movements. All eyes are now on how these trends will develop in the future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

StarGlow: Innovative Web3 Platform for K-POP Fans

chest

StarGlow, a new Web3 platform, launches in K-POP, offering unique opportunities for fans to invest in their favorite artists.

user avatarGiorgi Kostiuk

Pump.fun Strengthens Through Kolscan Acquisition Before ICO Launch

chest

Pump.fun has acquired Kolscan to enhance its ecosystem ahead of a planned $1 billion ICO this Saturday.

user avatarGiorgi Kostiuk

Solana Remains Steady While Mutuum Finance Gains Investor Attention

chest

Analysis of the current status of Solana (SOL) and the increased interest in Mutuum Finance (MUTM) during the presale.

user avatarGiorgi Kostiuk

Prohibition on Crypto Mining in Russian Data Centers: Legislative Amendments

chest

The Russian government plans to ban cryptocurrency mining in data centers to strengthen the country's potential in big data and AI development.

user avatarGiorgi Kostiuk

Bitcoin and XRP Rise: How Investors Are Using APT Miner

chest

Bitcoin and XRP reach new heights as investors turn to cloud mining on APT Miner for passive income.

user avatarGiorgi Kostiuk

GMX Hacker Steals $42 Million and Converts Assets into Ethereum

chest

GMX suffered a hack resulting in $42 million stolen. The hacker converted assets into 11,700 ETH.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.