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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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📅 Ends at 16:00, Sep 17 (UTC)
Saros and Pump.fun explode TVL on Solana, driving DeFi into a new acceleration cycle
The TVL of Saros has skyrocketed by 411% in the past 30 days, indicating a surge in DeFi activity on Solana. Research from the Journal of Financial Technology has previously shown that optimal yield strategies can help TVL increase by up to 300% when market liquidity is high — this suggests that Saros's innovative yield aggregation model could be a key driving factor.
At the same time, Pump.fun recorded a TVL increase of up to 472%, reflecting the memecoin frenzy that is enveloping the Solana ecosystem. However, the rapid increase has also raised concerns about sustainability, in the context of ecosystems that have a history of "rug-pull". The updated data on June 6, 2025, shows a clear acceleration trend compared to the 6 billion USD TVL at the beginning of 2024 for Solana.