Overview of popular cryptocurrencies on February 20, 2026, with the top three in popularity being: Enso, RaveDAO, Midnight

HYPE Concept Stock PURR Officially Launches Options Trading, Hyperliquid Ecosystem Investment Tools Continue to Expand

Hyperliquid Strategies Inc. (NASDAQ: PURR) announced on March 24 that options on its common stock began trading on the Nasdaq Options Market, aimed at enhancing liquidity and price discovery mechanisms. The company focuses on the HYPE token, providing U.S. investors with pathways to optimize capital efficiency, and through options instruments, enhancing risk management options while further approaching the completeness of financial instruments comparable to traditional stock markets.

GameStop incurs a net loss of $131.6 million after pledging 4,709 BTC

Analyst Emmett Gallic revealed that GameStop purchased 4710 BTC in 2025 and pledged 4709 BTC in January as options collateral, resulting in confirmed accounts receivable of $368.3 million and generating a net loss of $131.6 million. Bitcoin's price has declined 25% since the pledge.

Robinhood approves $1.5 billion stock buyback, HOOD stock still drops 5%

Robinhood's board of directors approved a $1.5 billion stock buyback program, marking the company's largest buyback authorization with a cumulative total of $3 billion. Despite the stock price rising 77% over the past year, the stock declined approximately 5% on the day of the buyback announcement. Additionally, Robinhood is actively expanding its cryptocurrency business, combining stock trading with decentralized finance to demonstrate its dual-track development strategy.

HYPE Treasury Company Hyperliquid Strategies has launched common stock PURR options trading on Nasdaq

HYPE Treasury Company Hyperliquid Strategies Inc announced the launch of options trading for PURR stock on the Nasdaq options market, aiming to enhance liquidity and price discovery mechanisms. Chief Executive Officer David Schamis stated that options trading will help investors manage risk and participate in the company's rapid growth. Hyperliquid recently achieved a new high of $1.74 billion in total open interest due to surging trading volumes, particularly in oil perpetual contracts.

New Draft of the "CLARITY Act": Passive Interest on Holdings Prohibited, Activity Rewards Permitted

US senators announced a bipartisan agreement on the principles of the CLARITY Act between cryptocurrency businesses and banking industry, establishing boundaries on what stablecoin yield mechanisms are prohibited versus permitted—banning passive income while allowing activity-based rewards tied to user behavior. This measure aims to protect traditional deposit operations while preserving innovation space for crypto platforms. Regulators' definition of "activity" is expected to become the main point of contention, with specific rules anticipated within one year.

ARIA (Aria) increased by 26.60% over 24 hours

Gate News Report: On March 25, according to Gate's market data, as of press time, ARIA (Aria) is trading at $0.31, up 26.60% in the past 24 hours, with a high of $0.32 and a low of $0.23. The 24-hour trading volume reached $1.1352 million, with a current market cap of approximately $57.6413 million. Aria.AI is a next-generation game development and publishing experiment inspired by Disney-style immersive worlds and AI technology, designed with its proprietary IP-related gameplay as the core. It represents a major leap in bringing Web2-quality game design and publishing standards (combined with AI execution) into the Web3 era. Aria has launched an open-world mobile gaming experience where players can explore a world called Fudonia.