Tron (TRX) has reached a multi-year high of $0.22, with steady growth in fees and stablecoin activity. It dominates stablecoin activity, with weekly USDT volume reaching $150 billion.
Solana (SOL) has overtaken Tron in total value locked, reaching $9.11 billion. It saw significant price increase on regulatory news and is up 47.70% in the last 30 days.
Traders are investing in viral altcoin Cutoshi (CUTO), which has secured over $1 million in investments since its launch. Cutoshi combines memecoins with DeFi utility and aims to bring more people into DeFi.
Ethereum remains the dominant DeFi platform, with traders looking for emerging projects. Cutoshi is leveraging Ethereum's ecosystem to attract users.