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SOL and ETH's Love-Hate Relationship, XRP's Moment in the Spotlight, USDe Goes Multi-Chain, Aave's Cashing In on Crypto Chaos, Trump Jr. And Eric Trump's Crypto Tease

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Release： 2024-08-09 00:28:11
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Solana's giving Ethereum a really tough time. What is it gonna take for Solana to flip Ethereum for good?

SOL and ETH's Love-Hate Relationship, XRP's Moment in the Spotlight, USDe Goes Multi-Chain, Aave's Cashing In on Crypto Chaos, Trump Jr. And Eric Trump's Crypto Tease

Solana (SOL) and Ethereum (ETH) continue to battle it out in the crypto market, with SOL showing impressive gains and traders speculating on whether it will reach $200. XRP scored a major victory in its lawsuit against the SEC, leading to a 26% surge in its price.

Synthetic stablecoin USDe is expanding its reach to the Solana network, with plans to allow SOL holders to use their tokens as collateral for USDe loans and earn Ethena Sats. Aave generated $2.1 million in daily revenue during the recent market turbulence, primarily through liquidation fees, with v3 on Ethereum contributing the most.

Finally, Donald Trump Jr. and Eric Trump hinted at launching a DeFi product, sparking varied reactions within the crypto community.

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