The DeFi industry continues to gain momentum despite the sluggish market conditions.

Stay tuned for today’s Crypto Weekly roundup, packed with exciting updates you won’t want to miss.

—> Market Overview:

Bitcoin (BTC): $67,000, up 0.5%

Ethereum (ETH): $3700, up 0.4%

Solana (SOL): $162, up 2.96%

XRP:  $0.4994, -2.30%
Tron (TRX): $0.1125, -0.74%

—> Top News:

• BlackRock files updated S-1 form for its Ethereum ETF

• PayPal’s stablecoin $PYUSD officially launches on Solana

• Davido launches $Davido on Solana

• New ATH for newly launched $Not

• Param successfully launches

—> Market Insight:

@MANTRA_Chain launches RWA savings vault powered by
@OndoFinance’s USDY

@_Fortunafi raises $9.5M to secure its slice of the trillion-dollar RWA/stablecoin pie
Congress to discuss potential benefits of RWA tokenization in June

@FTI_Global’s Jenny Johnson on Bitcoin ETFs, RWA Tokenization, and Blockchain’s Potential for TradFi

—> Defi Highlights:

@bounce_bit enters zkLink Nova’s Aggregation Parade in collaboration with the Free protocol

@lympid_official rolls out a points campaign to build community and prepare for the TGE

@runes_terminal announces closure of its investment round led by Cogitent Ventures

@plumenetwork secures $10M in a seed funding round led by Haun Ventures

@WeatherXM secures $7.7M in Series A funding round led by Lightspeed Faction

@LitCraft_DFE announces the public sale for $Fias starting on the @DevveEcosystem Launchpad

@MAIV_FINANCE launches $X10MAIV to ensure seamless claiming of $MAIV tokens

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