In the crypto newsletter for today’s advisers, Samantha Bohbot, partner and chief of the Rockawayx growth breaks off decentralized finance and Bitcoin, Ethereum and Solana differences bring to this space.
Then, Kevin Tam answers questions on institutional investment in FNB Crypto and notes certain world trends in “Ask has an expert”.
– Sarah Morton
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Sectors beyond Bitcoin: Ethereum, Solana and chain savings
Bitcoin can dominate cryptographic conversation as the most established digital asset, but today’s landscape presents many convincing opportunities for investors.
Apart from Bitcoin, block block applications that delight global users, generate significant income and develop impressively.
Bring global finances to the channel
TOKENISE REAL ACTIVED (Rwas) Refer to the program and trading of traditional instruments such as actions, bonds, basic products and alternative assets on blockchains. The advantages of this are substantial. The payment of asset exchanges to the chain is almost instantaneous; Anyone, anywhere can participate (If the transmitter allows)And the transactions are transparent, which makes them easier to follow and automate.
Today, nearly $ 300 billion in token workers are in a chain. Boston Consulting Group predicts that the market will reach $ 600 billion by the end of the year and 19 dollars’ billions by 2030. Recent RWA deployments highlight the potential of blockchains to transform traditional markets.
By bridging traditional active ingredients and chain use, blockchains act as markets, with a typical dynamic of “chicken and egg”. Namely, issuers want to go where active users and users are flock to the new and best products site.
Ethereum was the natural starting point. Stablecoins like USDC and USDT launched for the first time there, giving Ethereum the deepest token dollars and the majority of RWA value on today’s chain.
Solana is a high -level competitor for RWA activity, and recent launches present the potential of blockchains to quickly transform traditional markets. Kamino Finance, the main loan and loan application from Solana, allows users to easily borrow against their participations in XSTOCKS, token stocks of Apple, Tesla and other companies. Since XSTOCKS was launched through the blockchains on June 30, Solana represented an average of around 93% of the daily negotiation volume.
Stock token volume in blockchain | Source: Dune Analytics
Solana’s domination in the global activity of developers and active users (More than double that of the next chain) Gives an advantage to widen asset issuers, while successfully incorporating them and revealing new products on chain will strengthen this activity.
More broadly, DEFI continues to grow, with greater diversity in chain products and institutional quality offers. Radifying sophisticated wallets, manufacturers work on products that integrate stablescoins, RWAS and / or yield mechanisms to create calls for different risk preferences.
Ethereum currently leads the sector, with more $ 94 billion of total locked value (TVL) and thousands of protocols. Although maintaining the deepest liquidity in the industry is an advantage, there is more in DEFI than TVL.
The total value of the Solana Defi protocol is locked (TVL) Recently exceeded about $ 10 billion. In a sign that the TVL reflects real and precious use, Solana’s applications collectively gain more costs on the chain than all other combined chains. Thanks to its speed and low costs, Solana has established itself as an active trading center in DEFI and regularly leads the ether in a decentralized scholarship (Dex) Trading volumes.
Beyond the role of Bitcoin crypto as “digital gold”, the blockchains Ethereum and Solana have become a basic digital infrastructure, each with distinct advantages.
Ethereum is the original open computer, where manufacturers first coded decentralized applications and fundamental institutional projects launched.
Solana’s momentum of Solana is building. It is already the most used channel in the world and a home for innovative DEFI products. Like the Ethreum Ethreum ethy token, Solana’s soil offers a wide exposure to the ecosystem, which means that investors do not need to choose individual applications winners; Instead, they can participate in overall growth.
The long -term success of Ethereum and Solana depends on their shelter with applications which offer real value and, in the end, to disrupt inherited financial systems. If they can succeed, today’s prices may look like attractive entry points.
– Samantha Bohbot, partner and chief of growth, Rockawayx
Ask an expert
Q. A year after institutional investments in the trend of Crypto ETF, how do Canadian banks and pension funds approach bitcoin?
A. Documents 13F of this quarter reveal that the Transcanadian capital based in Montreal has made significant investments in digital assets. He manages Air Canada retirement assets, as one of the largest corporate pension plans in the country. The retirement fund added $ 55 million to a Bitcoin ETF spot.
The institutional adoption of Bitcoin has accelerated in the past year, driven by clearer regulatory directives, the launch of the ETF Spot and the growing recognition of bitcoin as a strategic active. Annex 1 banks in Canada have more than $ 139 million in Bitcoin, highlighting the growing institutional demand and long -term positioning.
Q. How could institutional accumulation affect the dynamics of the Bitcoin market?
A. Last year, the ETFs bought around 500,000 bitcoin, while the network produced 164,250 new bitcoin thanks to its work proof consensus. This means that demand ETF alone was the new offer three times. In addition, public and private companies have bought 250,000 bitcoins. While governments plan to include Bitcoin in their strategic reserves, other entities explore the addition of bitcoin to their corporate treasury.
Q. How the financial authority of conduct (FCA) Access to retail trade in green lightning at ETN Crypto in the United Kingdom accelerate retail and institutional adoption?
A. This marks an important moment for cryptographic products on the retail market as a class of assets which reflects a broader change in the regulatory position of the United Kingdom to digital assets. This is a complete reversal of a 2020 decision when the FCA prohibited negotiated tickets in exchange for crypto. ETNs must be negotiated on an investment scholarship approved by the FCA. The United Kingdom changes its approach to crypto while the government seeks to develop the economy and support a digital asset industry, sending a strong signal to institutional investors that the United Kingdom is positioning itself as a competitor in the global cryptography market.
– Kevin Tam, specialist in digital asset research
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