BitcoinWorld Ledger Solana: Essential Hardware Wallets for Secure SPL Token Storage In the fast-paced world of cryptocurrency, securing your digital assets is paramount. As the Solana ecosystem continues its rapid growth, housing a vibrant array of projects, dApps, and, importantly, SPL tokens, the need for robust, self-custodial security solutions becomes more critical than ever. This is where the power of a hardware wallet comes into play, offering a vital layer of protection against the ever-present threats in the digital realm. When it comes to securing your valuable SOL and associated assets, understanding the depth of Ledger’s commitment to providing top-tier Ledger Solana support is essential for any serious holder. Why is a Solana Hardware Wallet Essential for Your SOL and SPL Tokens? Think of a hardware wallet as your personal, digital fortress. Unlike software wallets or exchange accounts, which keep your private keys online or managed by a third party, a hardware wallet stores your keys offline in a secure chip. This method, known as cold storage, is widely considered the safest way to hold cryptocurrency. For Solana users, this means: Immunity to Online Threats: Malware, phishing attacks, and computer viruses cannot access your private keys stored offline on the device. Protection Against Exchange Hacks: Holding your SOL and SPL tokens on an exchange exposes you to the risk of the exchange being hacked or failing. A hardware wallet gives you true self-custody. Secure Transaction Signing: Transactions are signed on the device itself, requiring physical confirmation from you, making unauthorized transfers virtually impossible. True Ownership: You hold the keys, you own the crypto. Simple as that. Given Solana’s increasing adoption and the value locked within its ecosystem, using a dedicated Solana hardware wallet isn’t just a recommendation; it’s a fundamental security practice for anyone holding more than a trivial amount of assets. How Does Ledger Solana Support Work? Ledger has been a long-standing player in the hardware wallet space, known for its security architecture. Their support for the Solana network is comprehensive, allowing users to manage their SOL and a wide range of SPL tokens directly through their devices, typically integrated with the Ledger Live app. The core functionality relies on the hardware wallet securely storing your private keys. When you want to send SOL or SPL tokens, or interact with Solana dApps, you initiate the action via the Ledger Live app or a compatible third-party wallet interface (like Phantom or Solflare) connected to Ledger. The crucial step – signing the transaction – happens on the Ledger device itself, completely offline. Only the signed transaction is then broadcast to the Solana network via your computer or phone. This integration ensures that your sensitive private keys never leave the secure element of the Ledger device, mitigating the risk of them being compromised by online threats. What are SPL Tokens and How Can You Manage Them Securely? SPL tokens are the standard token type on the Solana blockchain, analogous to ERC-20 tokens on Ethereum. They represent a vast ecosystem of digital assets, including stablecoins, utility tokens, governance tokens, and NFTs (which also follow SPL standards like Metaplex). As the Solana network grows, so does the number and variety of SPL tokens circulating within it. Managing SPL tokens securely is just as important as managing your base SOL holdings. A hardware wallet like Ledger provides the ideal solution. Through the Ledger Live app or compatible third-party Solana wallets connected to your Ledger, you can: View your SOL and SPL token balances. Send and receive SOL and supported SPL tokens. Add support for new SPL tokens simply by adding their contract address (often automatic in Ledger Live for popular tokens). Interact with Solana dApps and sign transactions involving SPL tokens securely. This unified approach through your hardware wallet simplifies managing your diverse Solana portfolio while upholding the highest security standards. Achieving Secure Crypto Storage with Ledger and Solana Implementing secure crypto storage for your Solana assets involves a few key steps: Acquire a Ledger Device: Purchase directly from the official Ledger website or authorized retailers to avoid tampered devices. Set Up Your Device: Follow the instructions to generate your unique 24-word recovery phrase. Write this down on the provided recovery sheets and store it securely offline in multiple safe locations. This phrase is the ultimate backup of your private keys. Never store it digitally or share it. Install Ledger Live: Download the official Ledger Live app on your computer or smartphone. Install the Solana App: Use Ledger Live to install the Solana application onto your Ledger device. Create or Import Solana Account: In Ledger Live, add a Solana account. The app will communicate with your device to generate or derive your Solana address(es) associated with your hardware wallet’s seed phrase. Verify Addresses: Always verify deposit addresses on your Ledger device’s screen, not just on your computer/phone screen, before sending funds. Send Funds: You can now securely send SOL and supported SPL tokens to your Ledger-protected Solana address. This process establishes a robust foundation for secure crypto storage, keeping your private keys isolated from online vulnerabilities. Beyond the Basics: Using the Ledger Live App for Solana Staking and More The utility of your Ledger device and the Ledger Live app extends beyond just holding assets. For Solana, one of the most popular activities is staking SOL to earn passive income while helping to secure the network. Ledger Live offers integrated staking options for SOL, allowing you to delegate your tokens to validators directly from the app while your private keys remain secure on your device. Furthermore, Ledger’s compatibility with popular Solana web wallets like Phantom and Solflare allows you to interact with the broader Solana dApp ecosystem – participating in DeFi, exploring NFTs, and more – all while using your Ledger device to securely sign transactions. This provides a powerful combination of accessibility and top-tier security. While the original report about a specific “Ledger Flex” Solana-only version might have referred to a specific product plan or feature set at the time, the core message holds true: Ledger offers dedicated, secure support for the Solana ecosystem, providing users with the tools necessary for robust asset management and interaction. Conclusion As the Solana network continues its trajectory as a leading blockchain platform, the importance of secure asset management cannot be overstated. Utilizing a Ledger hardware wallet provides Solana users with an essential layer of secure crypto storage, protecting their SOL and valuable SPL tokens from the prevalent risks of the digital landscape. With seamless integration via the Ledger Live app and compatibility with ecosystem wallets, Ledger offers a comprehensive solution for anyone serious about the security and sovereignty of their Solana holdings. Investing in a Solana hardware wallet is investing in peace of mind in the dynamic world of decentralized finance. To learn more about the latest Solana trends and hardware wallet developments, explore our articles on key developments shaping Solana ecosystem and crypto security. This post Ledger Solana: Essential Hardware Wallets for Secure SPL Token Storage first appeared on BitcoinWorld and is written by Editorial Team
Another high-profile crypto game is toast. This time, it's Ember Sword, which racked up huge funds via NFT land sales.
Bitcoin’s price action in the past 24 hours has been nothing short of remarkable. After consolidating for several days in a tightening range, the market broke past the $105,503 support-turned-resistance zone earlier in the week and kicked off a steep climb in the past trading day. This has allowed Bitcoin to push into new all-time high levels, and is showing no signs of slowing down. Interestingly, technical analysis shows the rally comes off an approach of a golden cross between the 50 and 200-day moving averages, but FX_Professor offered a different take on the much-celebrated golden cross. Analyst Disputes Golden Cross Hype As Late Signal In a recent analysis published on TradingView, FX_Professor discussed a different take on Bitcoin’s golden cross. While most market commentators interpret this crossover of the 50-day simple moving average above the 200-day as a strong bullish confirmation, the analyst dismissed it as a delayed indicator. The analyst described it as the afterparty where retail investors arrive late to the scene. Related Reading: Golden Ratio Multiplier Called Bitcoin Top In 2021 – Here’s What It’s Saying Now Instead of waiting for the golden cross to flash green, FX_Professor noted pre-indicator pressure zones as the real signal of value. In the case of Bitcoin’s price action in recent months, the analyst pointed out the $74,394 and $79,000 region as the zone of accumulation and early positioning, well before the golden cross became visible. As such, by the time the cross appeared recently, Bitcoin’s price action had already been up significantly. The golden cross is often used by traders as a signal to enter a long position, as it suggests that the asset’s price is likely to continue rising. However, this analysis follows a trend among experienced traders who view the golden cross as more of a lagging confirmation than a trigger of a rally. Early Entry Zones And Structure Matter More, Analyst Says According to FX_Professor, indicators such as EMAs or SMAs can be useful but should never come before understanding the price structure, trendlines, and real-time pressure zones. He shared a snapshot of his own Bitcoin price chart that combines custom EMAs with a signature parallelogram method to detect where price tension begins to build. Visible on the chart are entries forming as early as April when Bitcoin bounced off support around $74,000, long before the crossover confirmation. Related Reading: Bitcoin Top Indicator Says It’s Not Over Yet As Parabola Signals Fail Now, with Bitcoin pushing toward the next target zone near $113,000, the analyst’s strategy continues to validate itself in real time. Nonetheless, the confirmation of a golden cross is still bullish for Bitcoin’s price action moving forward, even if the price rally is already halfway to its peak level. At the time of writing, Bitcoin is trading at $110,734. This marks a slight pullback from the new all-time high of $111,544, which was registered just three hours ago. The Bitcoin price is still up by 3.1% in the past 24 hours, and new all-time highs are possible before the weekly close. Featured image from Getty Images, chart from Tradingview.com
Is the novelty of ecosystem developments fading away?
BitcoinWorld JPMorgan Issues Grim Warning on Stablecoin Market Growth Under US Bill The world of cryptocurrency is buzzing with anticipation, especially around the potential for widespread adoption of stablecoin technology. These digital assets, pegged to stable values like the US dollar, are seen by many as a bridge between traditional finance and the volatile crypto landscape. Hopes are high that clear regulation, particularly in the United States, could unlock massive stablecoin market growth . However, not everyone shares this optimistic view. Enter JPMorgan , the financial giant, whose analysts have recently offered a dose of caution regarding these lofty expectations. Why JPMorgan is Skeptical About Rapid Stablecoin Market Growth According to reports, including one from The Block, analysts at JPMorgan believe the common prediction of the stablecoin market quadrupling in size within a couple of years is overly ambitious. Their skepticism stems directly from the proposed regulatory frameworks currently being discussed in the US. Here’s a breakdown of their concerns: Interest Prohibition: Both stablecoin bills discussed prohibit stablecoins from paying interest to holders. Payment Instrument Definition: The bills aim to classify stablecoins primarily as payment instruments, similar to existing currencies. Competitive Disadvantage: These restrictions make stablecoins less competitive compared to traditional financial products like money market funds, which offer yields. Potential Bans: The analysts also warned that certain types of stablecoins, specifically those pegged to other cryptocurrencies or algorithmic stablecoins like DAI, could face outright bans under the proposed laws. In essence, JPMorgan argues that while a US stablecoin bill might provide legal clarity, the specific rules being considered could inadvertently stifle the very growth they are intended to foster by limiting their functionality and appeal compared to traditional alternatives. Key Restrictions in the Proposed US Stablecoin Bill Understanding the specifics of the potential legislation is crucial to grasping JPMorgan’s perspective. The core issues highlighted by the analysts are the limitations placed on the nature and function of stablecoins: 1. No Interest Allowed: This is perhaps the most significant point. Traditional finance offers numerous low-risk options for parking cash that generate a return, even if modest. Money market funds, savings accounts, and short-term government bonds all provide yield. If stablecoins cannot offer any form of interest or yield, they become less attractive as a place to hold significant value for anything other than immediate transactional purposes. Why hold a large sum in a stablecoin earning zero when you could earn interest elsewhere with similar stability? 2. Defined as Payment Instruments: While facilitating payments is a primary use case for stablecoins, defining them *solely* as such could limit their potential evolution and innovation. This focus reinforces the idea that they are merely a digital form of cash, potentially preventing them from developing features that could make them more useful or attractive for other financial activities. These legislative choices, while perhaps intended to ensure stability and consumer protection, create a competitive hurdle for stablecoins trying to gain traction beyond niche crypto trading use cases. The Impact: Why No Interest Limits Stablecoin Appeal Let’s delve deeper into the competitive disadvantage. Imagine you are a large corporation or an institutional investor looking for a digital asset to hold value securely and transact efficiently. You have two main options for your short-term capital: Traditional Finance (e.g., Money Market Funds): Offers stability, high liquidity, and critically, earns interest. Stablecoins (under proposed US law): Offers stability, high liquidity (on-chain), but earns zero interest. From a purely financial standpoint, the choice becomes clear for many – especially for holding significant sums. The inability to generate any yield makes stablecoins less appealing as a store of value compared to traditional interest-bearing instruments. This directly impacts the potential for widespread adoption beyond the crypto ecosystem, thus limiting overall stablecoin market growth . The Threat to Algorithmic and Crypto-Pegged Stablecoin s Beyond the interest issue, the US stablecoin bill discussions also raise concerns for specific types of stablecoins. JPMorgan analysts highlighted the risk to: Cryptocurrency-Pegged Stablecoins: Stablecoins whose value is pegged to another cryptocurrency (though less common than fiat-pegged). Algorithmic Stablecoins: Stablecoins that maintain their peg through complex algorithms and sometimes involve other volatile assets, rather than being fully backed by reserves. Examples include DAI (though DAI also incorporates significant reserve backing now) and the infamous UST (TerraUSD), which collapsed. Regulators are particularly wary of algorithmic stablecoins due to their inherent risks and past failures. The proposed legislation could potentially include provisions that effectively ban or severely restrict these models, aiming to push the market towards fully reserved, fiat-backed models deemed safer. While this might enhance stability, it limits innovation and diversity within the stablecoin landscape. The Rise of Yield Tokens as an Alternative Interestingly, while cautioning about the future of traditional stablecoins under these regulations, JPMorgan pointed to the continued growth of another type of digital asset: yield tokens . These are tokens that represent ownership in yield-generating assets, often traditional financial instruments brought onto the blockchain. Examples mentioned include: BlackRock’s BUIDL: A tokenized government bond fund. Figure Markets’ YLDS: A security-type yield token. These tokens differ from the stablecoins being discussed in the bills because they are designed specifically to pass through the yield generated by the underlying assets. This makes them attractive to investors seeking returns in the digital asset space. JPMorgan suggests that these yield tokens , which effectively bridge traditional interest-bearing assets with blockchain technology, are likely to see continued growth, potentially outpacing stablecoins limited by regulation. This highlights a potential shift in the digital asset landscape, where regulated, non-interest-bearing stablecoins might serve purely transactional purposes, while yield-seeking investors turn to tokenized real-world assets or other structures designed specifically to provide returns. Conclusion: A Cautious Outlook for Stablecoin Market Growth JPMorgan’s analysis serves as a crucial reality check amidst the hype surrounding the potential impact of a US stablecoin bill . While legislation is necessary for clarity and wider adoption, the specific form it takes matters immensely. The current proposals, particularly the prohibition on interest and the strict definition as payment instruments, could significantly limit the competitive appeal of stablecoins compared to traditional financial products. The potential ban on certain stablecoin types also signals a regulatory preference for specific, potentially less innovative, models. As a result, JPMorgan believes the dream of explosive stablecoin market growth driven purely by US regulation might be overly optimistic. Instead, they foresee continued interest and growth in digital assets like yield tokens that successfully integrate the return-generating features of traditional finance with the efficiencies of blockchain technology. This perspective suggests that the future digital asset landscape might be more nuanced, with different types of tokens serving distinct purposes based on regulatory frameworks and market demands for both transactions and yield. To learn more about the latest crypto market trends, explore our articles on key developments shaping stablecoin market growth and regulation . This post JPMorgan Issues Grim Warning on Stablecoin Market Growth Under US Bill first appeared on BitcoinWorld and is written by Editorial Team
As the cryptocurrency market surges into the latter half of 2025, analysts are closely monitoring a select group of digital assets poised to deliver extraordinary returns. Among these, MAGACOIN FINANCE, XRP, and Ethereum have emerged as standout candidates, each offering unique catalysts that could drive a collective upside of up to 12,000% this cycle. With Toncoin and Solana also attracting investor interest, the stage is set for a dynamic period of growth, but it is MAGACOIN FINANCE that stands out as the most compelling early-stage opportunity for those seeking transformative gains. CLICK HERE – ONLY 0.007 AWAY FROM LIFTOFF MAGACOIN FINANCE: The Presale Powerhouse MAGACOIN FINANCE is capturing unprecedented attention as it approaches the final stages of its presale, with over $8 million already raised and a listing price target of $0.007. Analysts are projecting returns that could reach up to 18,500% from current entry levels, with some models suggesting that a $1 valuation by year-end is not out of reach if current momentum continues. The project’s capped supply of 100 billion tokens, robust community engagement, and audited smart contracts are driving rapid adoption and investor confidence. With Stage 8 nearing completion and a limited-time 50% bonus available for early buyers using the promo code PATRIOT50X, MAGACOIN FINANCE is well-positioned to reward early participants with outsized returns as it prepares for its exchange debut, making it the breakout contender of 2025. XRP: Institutional Validation and Price Potential XRP is another asset on analysts’ radar, with its price surging to $2.40–$2.65 on the back of regulatory clarity and anticipation of new institutional products. Forecasts suggest that XRP could reach $5–$10 by year-end, with some bullish scenarios targeting $15 or higher if ETF approvals and global adoption accelerate. While XRP’s institutional validation and real-world utility make it a core holding for many investors, its upside is increasingly matched by the explosive potential of MAGACOIN FINANCE, which continues to attract early adopters looking for the next big crypto success story. Ethereum: Steady Growth, But Momentum Shifts Ethereum is trading between $2,400 and $2,900, reflecting a cautiously optimistic outlook for May 2025. While ETH remains the backbone of decentralized finance and Web3, its momentum has moderated after a robust rally, and some investors are shifting toward early-stage projects like MAGACOIN FINANCE for sharper returns. With its transparent tokenomics and rapid presale progress, MAGACOIN FINANCE stands out as a compelling alternative for those seeking the next wave of crypto innovation. Toncoin: Tapping Into Telegram’s Ecosystem Toncoin is trading near $3.11, benefiting from strong developer activity and integration with the Telegram ecosystem. While TON is gaining traction, its price growth has moderated compared to the rapid ascent seen in early-stage tokens like MAGACOIN FINANCE. For investors seeking the highest multiple returns, MAGACOIN FINANCE’s structured presale and clear path to exchange listings offer a unique advantage, further reinforcing its appeal as the breakout contender of 2025. Solana: Layer-1 Leader With Breakout Potential Solana is holding steady in the $170–$180 range, with strong DeFi usage and developer activity supporting its position as a leading Layer-1 platform. After a period of rapid appreciation, SOL’s price growth has moderated, prompting some investors to seek higher-multiple opportunities elsewhere. MAGACOIN FINANCE, with its structured presale and clear path to exchange listings, offers a unique chance to participate in a project poised for explosive expansion as the cycle progresses. CLICK HERE – FINAL CHANCE BEFORE PRICE JUMPS 35x Conclusion: MAGACOIN FINANCE Leads the Charge in Q3 2025 Looking ahead to Q3, 2025, the outlook for MAGACOIN FINANCE is exceptionally bright. With listings on the horizon and a wave of new buyers entering the market, MAGA is expected to experience a surge in liquidity and visibility, driving further price appreciation and community expansion. Analysts forecast that MAGACOIN FINANCE could deliver returns of 25x–35x from current levels, with some models suggesting even greater upside if demand remains robust. To learn more about MAGACOIN FINANCE, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Analysts Are Watching Closely: MAGACOIN FINANCE, XRP, and Ethereum Could Unleash a 12,000% Upside This Cycle
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. Solaxy claims Layer 2 on Solana, but with little to solve, focus shifts to Wall Street Ponke, raising $300k fast with real value. Solaxy has been making noise in the market. It’s calling itself the first Layer 2 project on Solana, and that’s getting people excited. But here’s the part many miss. Solana is already fast. It’s already cheap to use. That’s why it became so popular. On Ethereum, Layer 2 tech makes sense because gas fees are high and transactions are slow. But Solana doesn’t have those issues. So the question becomes: what exactly is Solaxy solving? Some investors still think it could go 5x simply because of hype. But more careful traders are asking a better question , does it have long-term value? That’s why attention is starting to shift to another name in the memecoin race. And it’s not just for the hype. It’s for the tools. You might also like: Wall Street Ponke breaks 300k in hours and sets sights on 100x memecoin status Wall Street Ponke raises $300k in hrs and builds something real While some coins chase trends, Wall Street Ponke is building structure. In just a few hours, it raised over 300,000 dollars during presale. And it didn’t do it with buzzwords — it did it by showing value. Wall Street Ponke is not just another memecoin. It’s the first in the space to bring artificial intelligence into crypto trading. That means safer moves, smarter decisions, and fewer rug pulls for everyday traders. Here’s what makes Wall Street Ponke valuable: A trading platform that scans smart contracts to find hidden risks AI-powered alerts that warn about scams and suspicious tokens Real-time market data to help catch trends before they explode A clear mission to protect users and remove bad actors A shift in focus from whales to real builders and developers A fully audited smart contract by Coinsult for extra security Staking rewards over 1000 percent for long-term holders And remember, all of this is still available at the early price of just 0.000261 dollars per token. Wall Street Ponke is also building education Too many people lose money in crypto because they don’t know what they’re doing. Wall Street Ponke knows that. That’s why it’s not just building tools. It’s also building a way for people to learn. The WPonke learning platform was designed for everyone. Whether someone is just starting or already experienced, this space helps them trade smarter. Here’s what they get: Simple lessons that explain everything clearly Live signals and practical advice to guide trades A community where traders share tips and learn together Trusted information from real people with real experience A fun and hands-on way to build confidence in crypto Wall Street Ponke isn’t just trying to ride the next pump. It wants to help people become a better trader. As markets heat up, Wall Street Ponke stands out The market is coming back. The nasdaq composite is going up. Dogecoin price is rising again. ETH price is steady and pepe coin isn’t making much noise anymore. But investors are no longer just chasing the next meme. They want more than that now. They want safety. They want rewards. They want something built to last. That’s why Wall Street Ponke is becoming one of the most talked-about memecoins in this cycle. It’s not about hype anymore. It’s about value. How to get in now To buy WPONKE, go to the official website , connect Trust Wallet or MetaMask, and pay with ETH, USDT, BNB, or card. Simple, secure, and early. Interested investors can follow WPONKE on Twitter and Telegram. Read more: Wall Street Ponke could surpass TRUMP, PEPE; Could it be the next 100x memecoin? Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
The post U.S. SEC Delays Decision-Making on More Crypto ETFs Led by XRP and Litecoin appeared first on Coinpedia Fintech News The U.S. SEC has been collecting legal views on the already filed spot crypto ETFs ahead of the final dates later this year. Institutional demand for digital assets remains elevated amid anticipated crypto summer. The United States Securities and Exchange Commission (SEC) opted to delay the decision-making on several crypto spot ETFs on Thursday. The agency announced instituting proceedings to collect views from the public on whether to approve or disapprove the proposed rule change to list and trade several crypto spot ETFs on different exchanges. The delays by the U.S. SEC on Thursday, May 22 included the Bitwise XRP ETF, CoinShares XRP ETF, CoinShares Litecoin ETF, Fidelity Wise Origin Bitcoin Fund, and the Fidelity Ethereum Fund to permit in-kind trading. Meanwhile, the U.S. acknowledged the filing of Canary Staked TRX ETF. According to James Seyffart, the U.S. SEC will likely continue with delays in decision making on crypto ETFs possibly until the fourth quarter of this year. “If we’re gonna see early approvals from the SEC on any of these assets, I wouldn’t expect to see them until late June or early July at the absolute earliest. More likely to be in early 4Q,” Seyffart noted . Market Impact on SEC’s Indecisiveness on Crypto ETFs The continued delay by the SEC on approving it disapproving the crypto ETFs will likely have an impact on the capital inflows from institutional investors. Furthermore, the low demand for the U.S. securities and bond market has played a crucial role in the cash inflows to crypto investment products led by the ETFs. Nevertheless, the improved crypto regulatory outlook as depicted by the GENIUS Act in the United States will help attract more institutional investors in the digital asset space ahead. On Thursday, the U.S. President attended the TRUMP memecoin dinner , where he reiterated that his administration will continue to make the country a crypto hub.
BitcoinWorld Mantle mETH Achieves Historic Public Company Milestone Get ready for a significant moment in the world of digital assets! A groundbreaking development has just unfolded, showcasing the increasing integration of cryptocurrencies into traditional finance. Mantle mETH, the liquid staking token from the Mantle Network, has achieved a historic first by being included on the balance sheet of a publicly traded company. This move by Beyond Medical Technologies, through its Ethereum treasury managed by Republic Technologies, marks a pivotal step for Liquid Staking Tokens and signals a potential shift in how public companies approach their treasury strategies. What is Mantle mETH and Why is it Making Waves? Before diving into the significance of this news, let’s quickly touch upon what Mantle mETH is. Mantle is a high-performance Ethereum Layer 2 network. mETH is Mantle’s Liquid Staking Token (LST), representing staked ETH on the Ethereum network while remaining liquid and usable within the DeFi ecosystem and beyond. Essentially, when you stake ETH, it’s typically locked. LSTs like mETH allow holders to earn staking rewards while still having a token they can trade, lend, or use in other decentralized applications. The reason Mantle mETH is making waves is precisely because of its recent adoption by a public company. This isn’t just another crypto project; it’s a project whose token has now entered the realm of traditional corporate finance, setting a precedent. The Significance: A Public Company Crypto Breakthrough? This news is huge because it represents the first time a publicly listed company has formally included a Liquid Staking Token on its balance sheet. While some public companies hold Bitcoin or Ethereum directly, holding an LST is a different ballgame. It indicates a deeper understanding and willingness to engage with more complex, yield-generating crypto assets. Beyond Medical Technologies (CSE: DOCT), through its Republic Technologies subsidiary, is the company making this bold move. By converting a significant portion of its existing ETH holdings into Mantle mETH, they are actively pursuing an Ethereum-based Crypto Treasury Strategy that aims to potentially generate yield on their assets while maintaining a degree of liquidity. Why is being the ‘first’ so important? It often paves the way for others. This action by Beyond Medical Technologies could serve as a case study or even a catalyst for other public companies considering how to manage their digital asset holdings more actively and efficiently. It lends an air of legitimacy and growing acceptance to LSTs within traditional financial frameworks. How Liquid Staking Tokens (LSTs) are Changing Treasury Strategy Traditionally, companies holding assets like cash or bonds aim for stability and potentially yield. With the advent of crypto, companies like MicroStrategy pioneered holding Bitcoin as a reserve asset. However, holding passive crypto assets doesn’t generate yield in the way traditional fixed-income assets might. This is where Liquid Staking Token s like Mantle mETH come into play. For companies holding Ethereum, they face a choice: Hold ETH passively (potential price appreciation, but no native yield). Stake ETH directly (earn yield, but ETH is locked and illiquid). Hold an LST like mETH (earn staking yield *and* retain liquidity). By opting for mETH, Republic Technologies is demonstrating a sophisticated Crypto Treasury Strategy . They are not just holding ETH; they are actively seeking to maximize the utility and potential returns on their digital assets by participating in the staking mechanism through a liquid wrapper. This allows them flexibility that direct staking doesn’t offer, such as potentially using the mETH as collateral or swapping it quickly if needed, while still benefiting from the underlying ETH staking rewards. What This Means for Institutional Crypto Adoption This move by a public company is a significant indicator for broader Institutional Crypto Adoption . Institutions often move cautiously, waiting for precedents and clearer regulatory landscapes. While Beyond Medical Technologies is perhaps not a Fortune 500 giant, their decision to hold an LST on their balance sheet sends a strong signal: Increased Comfort Level: It shows a growing comfort among corporate entities with more complex DeFi primitives beyond just holding spot crypto. Focus on Yield: It highlights that institutions are interested not just in speculative price action but also in generating yield from their digital assets, similar to traditional finance. Validation for LSTs: It validates the LST market as a legitimate and potentially valuable sector for corporate involvement. Paving the Way: As mentioned, it could encourage other companies, perhaps larger ones, to explore similar strategies once they see a public company successfully implementing it. While we are still in the early innings of widespread Institutional Crypto Adoption , events like this are crucial steps that build confidence and familiarity with the technology and its potential benefits. Benefits and Considerations for Companies Holding mETH Let’s break down some of the potential upsides and downsides for a company deciding to hold a Liquid Staking Token like Mantle mETH. Potential Benefits: Yield Generation: Earn staking rewards on underlying ETH holdings. Liquidity: Unlike directly staked ETH, mETH can be traded or used in DeFi protocols, offering flexibility. Diversification: Adds a new asset class and yield source to the corporate balance sheet. Potential Appreciation: Benefits from potential price increases in both ETH and potentially the mETH token itself relative to ETH (though the latter is designed to track ETH value plus yield). Alignment with Ethereum Strategy: For companies already invested in the Ethereum ecosystem, holding mETH aligns with and enhances that position. Important Considerations & Risks: Market Volatility: The value of mETH is tied to ETH, which is highly volatile. Smart Contract Risk: LSTs rely on complex smart contracts. Bugs or exploits could lead to loss of funds. Regulatory Uncertainty: The regulatory status of LSTs and corporate crypto holdings is still evolving in many jurisdictions. Operational Complexity: Managing digital assets requires specialized knowledge, security protocols, and accounting practices. Depeg Risk: While LSTs are designed to trade close to the value of staked ETH, they can sometimes trade at a discount or premium (depeg risk). For Beyond Medical Technologies, the decision likely involved weighing these factors as part of their overall Crypto Treasury Strategy . Looking Ahead: The Future of LSTs in Corporate Finance The integration of Mantle mETH onto a public company’s balance sheet is more than just a single event; it’s a potential harbinger of future trends. As the LST market matures and becomes more robust, and as regulatory clarity hopefully improves, we might see more companies exploring similar strategies. The appeal of earning yield on otherwise passive crypto holdings is significant, especially in a low-interest-rate environment (or when compared to zero yield on passive crypto). This move by Beyond Medical Technologies, facilitated by Republic Technologies and Mantle, positions LSTs as a viable tool within a sophisticated Crypto Treasury Strategy for forward-thinking companies. While widespread Public Company Crypto adoption of LSTs is not guaranteed, this milestone is undoubtedly a step in that direction, showcasing the potential for DeFi innovations to bridge the gap with traditional corporate finance. Summary: A Historic Step for Mantle mETH and LSTs In conclusion, Mantle mETH has achieved a historic first by becoming the inaugural Liquid Staking Token to be held on the balance sheet of a publicly traded company, Beyond Medical Technologies, through its Republic Technologies subsidiary. This move represents a sophisticated Crypto Treasury Strategy aimed at generating yield while retaining liquidity on their ETH holdings. It is a significant milestone for Institutional Crypto Adoption and validation for the LST sector, potentially paving the way for other companies to explore similar uses of Public Company Crypto assets. While challenges remain, this event underscores the growing maturity and potential of DeFi technologies to integrate with traditional finance. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum institutional adoption. This post Mantle mETH Achieves Historic Public Company Milestone first appeared on BitcoinWorld and is written by Editorial Team
Bitcoin’s profit-taking volume dropped to $1.00 billion, less than half of December’s $2.10B. New traders are now leading Bitcoin’s market, while long-term holders are less active. Bitcoin’s price surge may lead investors to shift focus to altcoins for higher returns. Glassnode reported that even though Bitcoin hit a new all-time high, the amount being sold for profit dropped. Bitcoin’s profit-taking at the May 2025 all-time high was only $1 billion, compared to over $2 billion in December 2024. Investors’ behavior is different now, even when the price of Bitcoin goes up. In short: Realized profits are lower in magnitude Long-term holders are holding out Short-term traders are driving the market This combination may signal continued bullish expectations from less speculative $BTC investors. — glassnode (@glassnode) May 22, 2025 The data shows a significant shift in Bitcoin’s coin age distribution. As of May 2025, 76.9% of Bitcoins are less than one month old, a sharp increase from 44.6% in December 2024. Meanwhile, coins older than six months have become less active, dropping to 13.4% in May 2025 from 24.7% in December 2024. This suggests short… The post Glassnode Reveals Shocking Drop in Bitcoin Profit-Taking Despite All-Time Highs appeared first on Coin Edition .