The cryptocurrencies most favored by the SEC soar up to 30%
After a frantic week, the crypto market is recovering from the Fed and the US Senate's setback with the green light given by the SEC to tokenized shares. The cryptocurrencies most benefited by the measure are soaring today up to 30%.
The US Securities and Exchange Commission (SEC) has allowed the trading of tokenized stocks on Wall Street, surprising investors. This decision has driven up the value of certain cryptocurrencies, with some increasing by as much as 30%. Uniswap, a decentralized trading protocol, has seen its token value rise by 30%, while Near Protocol's token has increased by over 20%. Other cryptocurrencies such as Solana, Polkadot, and Sky have also seen significant gains, with increases of 6%, over 10%, and over 20% respectively.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.