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Decrypt 2024-10-22 17:41:24

SOL Outperforms, 10y Rises above 4.2%, AI Tokens Dominate flows

BTC: 67k (-2%), ETH: 2620 (-4%), SOL: 166 (0%). Top Gainers: APT, UNI, HNT, POPCAT, RUNE, KAS. BTC drops, SOL continues to outperform. PumpFun has sold $78m of SOL fees so far. Raydium flips ETH for 24hr fees. Scroll launches at $1.2bn FDV, disappoints. Crypto only really used for drug deals: Fed’s Kashkari. VanEck adds staking to SOL ETPs in Europe. LINK announces successful results from SWIFT trial. Brevan Howard trades most crypto from UAE. Japanese parties court crypto tax cuts. XRP co-founder donates $10m to Kamala. CFTC chair says agency is ‘handcuffed’ on crypto. Transak exposes 92k customers’ data. Sky may rebrand back to MakerDAO.

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