Announcements Gate Research: Sonic Ecosystem's DEX Shadow Hits ATH in Daily Trading Volume, SEC Approves First Interest-Bearing Stablecoin YLDS

Gate Research: Sonic Ecosystem's DEX Shadow Hits ATH in Daily Trading Volume, SEC Approves First Interest-Bearing Stablecoin YLDS

2025-02-21 08:46:35 UTC 7582 Read

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Gate Research Daily Report: On February 21, the price of BTC increased by 1.12% over the past 24 hours, while ETH rose by 0.40% during the same period. The lending protocol PACT has officially bridged to Aptos, which will drive growth in Aptos' TVL (Total Value Locked). The SEC has approved Figure to issue its first interest-bearing stablecoin YLDS, offering a 0.5% annual interest rate. After OpenSea announced the launch of SEA tokens, its market share in the NFT space surged to 71.5%. Shadow set a new record for single-day trading volume at $252 million, surpassing Hyperliquid and Berachain. The Canary LTC ETF has been listed on the DTCC, moving toward the market readiness phase.

**Market Analysis**: BTC price increased by 1.12% to $98,292.4, while ETH price rose by 0.40% to $2,738.
**Top Performers**: The top performing altcoins in the last 24 hours are PI, SNS, and IP, which surged by 1,244%, 146.1%, and 58.13%, respectively.
**Data Highlights**: After OpenSea announced the launch of its SEA token, the NFT market share surged to 71.5%.
**Spotlight Analysis**: The SEC has approved Figure to issue the first interest-bearing stablecoin, YLDS, which offers a 0.5% annual interest rate.
**Market Opportunities**: Monad aims to improve transaction processing speed and reduce costs while maintaining Ethereum's security and decentralization. Users can currently participate in on-chain interactions using test tokens to experience its high-performance capabilities.

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February 21, 2025

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Gate Research: Sonic Ecosystem's DEX Shadow Hits ATH in Daily Trading Volume, SEC Approves First Interest-Bearing Stablecoin YLDS

Gate Research: Sonic Ecosystem's DEX Shadow Hits ATH in Daily Trading Volume, SEC Approves First Interest-Bearing Stablecoin YLDS

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