Solana Launches Tokenized Stocks, ETF with SEC Approval Chainlink Powers 50 Tokenized Stocks, Secures $60 Billion in DeFi Aptos Co-Founder Joins US Regulator, Boosts Coin's Prospects Ethereum Hits 1.45 Million Daily Transactions, Eyes $3,000

Solana has made significant strides this week with the launch of tokenized stocks and a new ETF offering. The first U.S.-listed Solana staking ETF, created by Rex Shares and Osprey Funds, has secured SEC approval and is set to start trading soon. This ETF will provide investors with exposure to both the price of SOL and its staking rewards, marking a notable advancement for altcoin-based funds. Additionally, Solana has partnered with Kraken and XStocks to offer tokenized U.S. stocks like Apple, Tesla, and Nvidia for 24/7 trading on its blockchain. This development allows crypto users to trade big-name US stocks around the clock, enhancing the liquidity and accessibility of these assets.

Chainlink has also been making waves in the DeFi sector by powering the price feeds for over 50 tokenized U.S. stocks and ETFs, including Apple, Tesla, and Microsoft. These assets are now tradable 24/7 on the Solana blockchain, thanks to Chainlink's partnership with XStocks. Chainlink's role in securing over $60 billion in DeFi infrastructure highlights its importance in the decentralized finance ecosystem. The price of Chainlink's token, LINK, has been holding steady, and analysts predict that if it does not dip below $10.90, it could reach new highs.

Aptos has garnered attention in the crypto world after its co-founder joined a U.S. regulator’s digital asset committee. This move is seen as bullish for Aptos' future, as it could pave the way for the coin to be approved as a commodity in the US. This approval would make it easier to trade and potentially lead to the creation of its own ETF. Aptos has also seen a surge in activity, with a significant increase in new users, transaction growth since April, and over 1,200 smart contracts deployed in a single day. The network's growth and strategic partnerships position it as a strong contender in the altcoin market.

Ethereum, while not in the spotlight, has been quietly gaining traction among big players. Market expert Tom Lee has described Ethereum as the new Bitcoin, highlighting its role as the backbone for stablecoins, DeFi, and future digital banking systems. Ethereum recently hit 1.45 million daily transactions, the highest since 2021, indicating strong network activity and usage. Despite its price being stuck between $2,400 and $2,800, experts are closely monitoring its potential to break above $3,000 in the coming weeks.