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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,
Sonic Labs launches expansion plan in the United States and seeks community voting on network parameter adjustments.
According to BlockBeats news, on August 21, Sonic Labs released a community proposal indicating plans to launch Sonic USA LLC to start its business in the United States, hiring a CEO for Sonic USA and a complete team in the U.S., establishing an office in New York, and providing performance-based employee incentive programs. At the same time, the company plans to strengthen long-term deflation through the Gas fee mechanism. Community members will vote to decide on the adjustment of network parameters: approval to issue tokens for a $50 million ETF quota; $100 million Nasdaq PIPE development; 150 million S tokens for Sonic USA, or completely reject the above parameter adjustments.