Stellar, Ripple and Solana-Based Investment Funds See AUM Spike in July

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Assets under management for $XRP, $SOL and $XLM-based funds have risen sharply according to data from CCdata_io. LedesmaLyllah writes

Most of the AUM boost came on July 14, one day aftersharp price gains

across the crypto sector, particularly for XRP itself as well as other altcoins, XLM and SOL among them. AUM for XLM-based products increased by 62.7% to $17.3 million. Among those funds is Grayscale's Stellar Lumens Trust , whose premium to net asset value surged to 330%, said CCData. XRP-based products recorded a 33.2% increase in AUM in July to $65.7 million, and SOL-based products saw a 55.7% increase in AUM to $87.8 million, said the report.

“Sentiment surrounding XLM has been positive over the past month, bolstered by the advancement of its partnership with USDC's Circle and strategic collaborations with entities such as MoneyGram,” said Hosam Mahmoud, research analyst at CCData, in a note to CoinDesk.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 291. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Some Broad Ripple businesses revert to normal business hours, citing financial concernsAfter recent efforts to improve safety in Broad Ripple, numerous bars and businesses are now reverting back to regular business hours after citing financial concerns.
Fonte: wrtv - 🏆 598. / 51 Consulte Mais informação »