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Kraken Expands Tokenized Equities to Tron Blockchain


Kraken, in partnership with Backed, is collaborating with Tron DAO to integrate its tokenized equities product, xStocks, with the Tron blockchain. Kraken’s Tokenized Equities Product Launches on Tron Network Kraken said the integration will see Backed deploy xStocks as TRC20 tokens on the Tron...

Wormhole Foundation Counters Layerzero’s Stargate Acquisition Bid


On Wednesday, the Wormhole Foundation announced its intent to submit a competing bid to acquire Stargate, directly challenging a proposal from cross-chain messaging rival Layerzero. This move potentially disrupts a pending acquisition and could lead to a bidding war for the prominent bridge...

Solana App Revenue Plunges 44% in Q2 Despite Efficiency Gains


In the second quarter of 2025, Solana’s ecosystem experienced mixed performance across key metrics. Total application revenue dropped 44.2% to $576.4 million, while the app revenue capture ratio increased from 126.5% to 211.6%. Application Revenue Plunge According to the latest Messari report,...

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