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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
PANews reported on May 22 that Jupiter, the Solana ecosystem trading aggregator, announced on the X platform that it is launching the "Giant Unified Market (GUM)" plan, which aims to bring all assets such as Meme coins, real-world assets, stocks, and foreign exchange assets to the Solana chain and index them on Jupiter, allowing users to trade all assets in a single market.
To realize this vision on Solana, Jupiter launched the GUM Alliance, composed of top asset, liquidity, and distribution teams, and will work with these partners in the coming months to complete three main tasks: 1. Introducing more assets to Solana; 2. Creating liquid markets for these assets; 3. Integrating these markets into Jupiter and promoting their adoption.