State-Level Crypto Adoption Accelerates with New Hampshire and Arizona Leading the Way
State-Level Crypto Adoption Accelerates with New Hampshire and Arizona Leading the Way
🏛️ States FOMO Into Bitcoin
Several US states are making significant moves in crypto adoption:
- New Hampshire Treasury advances Bitcoin reserve legislation
- Arizona introduces bill HB2749 for digital asset framework
- Multiple states including Utah and Texas exploring crypto integration
Technical milestones:
- Sui network reaches 10B transaction milestone
- 21Shares partners with House of Doge for new initiatives
These developments signal growing institutional acceptance of digital assets at the state level, with potential implications for future government adoption of cryptocurrency reserves.
WZRD Transitions to MIM (Runes) Protocol, Attracting Major Exchange Interest
WZRD announces transition from BRC-20 to MIM (Runes) protocol on Bitcoin, citing improved decentralization and efficiency. Runes, launched post-Bitcoin halving in April 2024, has shown significant growth: - Generated >2129 BTC ($135M) in fees during first week - Processed 3M+ transactions - Created 11,000+ tokens - Accounts for 45% of Bitcoin transactions Key advantages of Runes over BRC-20: - Direct on-chain token creation - Reduced UTXO bloat - Native Bitcoin compatibility - Lower transaction costs Major exchanges including Binance, Coinbase, and Kraken are showing interest in listing Rune-based tokens.
Pendle Finance Launches on Aave with $455M TVL in First Week
Pendle Finance has successfully launched on the Aave protocol, achieving a significant milestone with over $455M in total value locked (TVL) during its first week of integration. This development comes as Aave celebrates its 5-year anniversary, marking half a decade of collaboration with Chainlink in securing DeFi lending. Aave has grown from zero to over $34B in TVL during this period. - Pendle Finance's immediate traction on Aave - $455M+ supplied in first week - Demonstrates growing DeFi integration trends - Coincides with Aave's 5-year milestone *Integration highlights continued DeFi ecosystem maturation*
Over 2,000 Builders Celebrate Verifiable Trust Movement in Times Square
A significant gathering of blockchain innovators took place in Times Square, marking a milestone in the verifiable trust movement. Over 2,000 onchain builders participated in Builder's Day, showcasing the growing momentum toward transparent financial systems. The @eigenlayer ecosystem emerged as a key player in this technological transformation, demonstrating leadership in decentralized finance innovation. This event highlights the increasing mainstream adoption of blockchain technology and its role in shaping the future of trust-based systems.
xUSD Spotlight: Arbitrum Minting
xUSD is highlighting the benefits of minting on Arbitrum: - **Lightning-fast transactions**: Arbitrum's Layer 2 solution offers rapid processing times. - **Pocket-friendly gas fees**: Lower transaction costs compared to Ethereum mainnet. - **Seamless entry to xUSD ecosystem**: Easy onboarding for new users. The combination of efficient minting and Arbitrum's advantages opens up numerous possibilities for xUSD users. This update emphasizes the platform's commitment to providing a user-friendly and cost-effective stablecoin experience. **Key Takeaway**: Minting xUSD on Arbitrum offers speed, affordability, and accessibility.