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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,
4E: PayPal integration for encryption payments, SOL treasury racing upgrade
According to Mars Finance, 4E observed that PayPal announced on September 15 the launch of a new feature "PayPal Links," which allows users to send and receive payments directly in any conversation through personalized one-time links. This feature has been launched in the United States and is expected to expand to markets like the UK and Italy later this month. PayPal will also integrate payment features for Bitcoin, Ethereum, and PYUSD within the app, allowing U.S. users to transfer crypto assets directly, and transfers between friends through PayPal and Venmo will still be exempt from 1099-K tax reporting. Meanwhile, competition surrounding the Solana treasury is intensifying. Helius Medical Technologies (HSDT) announced a partnership with Pantera Capital and Summer Capital to raise over $500 million to establish a SOL treasury company, with total funding potentially reaching $1.25 billion. The funds raised will primarily be used to acquire SOL and create income through 7% native staking yields with DeFi protocols, with the transaction expected to be completed on September 18. Another Solana-focused company, Forward Industries, raised $1.65 billion in a private sale led by Multicoin Capital, Galaxy Digital, and Jump Crypto. According to The Block, the company has already utilized $1.5 billion of the funds to purchase SOL and plans to deploy the funds into Solana DeFi protocols to further amplify ecological leverage. 4E reminds investors: the entry of payment giants and the expansion of treasury capital inject new momentum into the crypto market, but short-term industry capital flow and regulatory policies will still dominate market rhythm. Investors should focus on the landing of leading platforms and the continued construction of on-chain ecosystems to grasp medium- and long-term value.