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BNC stock price breaks above $6.8, up 11% intraday
According to MSX.COM data, BNC stock price has broken above $6.8, currently at $6.88, up 11%.Earlier news: CZ participated in the BNC renaming voting, supporting "BNB Standard."
Odaily Morning Brief
1. Trump launches AI renaming vote, proposes names like "Superintelligence";2. Standard Chartered predicts ARB will reach $10 by 2030, with Arbitrum's monthly revenue potentially hitting $5 million;3. Michael Saylor: The best protection for digital asset innovation is mass adoption, aiming to attract 50 million U.S. users;4. PlanB: Bitcoin has reclaimed the 50-week moving average, confirming the end of the bear market and targeting $89,000;5. Fee revenue drops 97%, Robinhood Chain's daily fees fall to approximately $230,000;6. Over $500,000 in assets stolen, attackers forged Uniswap-related ENS names to execute arbitrage bot scam;7. Cumulative HYPE burn reaches $4.5 billion in value, Hyperliquid burns another 26,300 tokens in 24 hours;8. Arc launches agent payments, providing a custodial onboarding path for x402;9. Genius.fun creates over 13,000 tokens within 24 hours of launch, pays nearly $530,000 in fee splits to creators;10. Permissionless blockchains can operate compliantly, Jito Labs executive says banks don't need to rely on permissioned networks;11. ZachXBT questions zkSNARKs NFT project: raised over $17 million, with little to no ecosystem development seen.
Standard Chartered expects ARB to reach $10 by 2030, with Arbitrum's monthly revenue potentially hitting $5 million
Odaily News: Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered, stated that ARB is expected to reach $10 by the end of 2030. The forecast uses $0.14 as a reference price, approximately 48 times the current price of $0.21; its annual targets also include $0.5 in 2026, $1.5 in 2027, $3.5 in 2028, and $6.5 in 2029.Arbitrum's monthly revenue for September is projected to reach $5 million, representing a more than 5x increase from before Robinhood Chain's launch. Robinhood Chain launched its public chain mainnet on July 1 based on the Arbitrum platform, targeting tokenized assets and decentralized finance applications; under the Expansion Program, 10% of protocol net revenue is returned to the Arbitrum ecosystem, with 8% going to the ArbitrumDAO treasury and 2% supporting the Arbitrum Developer Guild.ARB is an ERC-20 governance token used for voting on ArbitrumDAO proposals. It currently does not represent on-chain asset ownership, nor is there a mechanism for directly capturing Arbitrum revenue. Standard Chartered noted that a slowdown in the tokenization process, competing blockchains, and ARB's lack of a direct value capture mechanism are the main risks facing this forecast. (Bitcoin.com News)
Odaily Evening News
1. CZ participated in the BNC renaming community vote, supporting "BNB Standard";2. Two long positions profited $1.591 million, with a certain address achieving a 991.1% return on a 10x UNI position held for 25 days;3. Continuing to hit new highs, Solana ecosystem token PAID's market cap briefly touched $36 million;4. Binance will list 7 USDT-margined perpetual contracts including PATH and AMC;5. Helius co-founder: Privacy mechanisms are the foundation for Zcash to become a superior monetary asset;6. NYSE Arca filed with the US SEC to list binary KPI options, with underlying assets covering earnings metrics of companies including Coinbase;7. Worth $190 million, a related address plans to go long on 2,450 BTC at $78,000;8. Most crypto, optical module, and storage sectors rose in US pre-market trading;9. QCP: Bitcoin has successively absorbed the impacts of CLARITY setbacks and Fed rate hikes, with ETF flows turning to net inflows;10. After losing $13 million and then recovering, a certain whale's UNI position shows an unrealized profit of $293,000.
BNC stock price breaks above $6.4, up 30%
Odaily News: According to MSX.COM data, BNC stock price has broken above $6.4, now trading at $6.45, up 30%.Earlier report: CZ participated in the BNC renaming poll, supporting "BNB Standard."
CZ participates in BNC renaming solicitation vote, supports "BNB Standard"
Odaily reports that CZ stated he participated in the renaming solicitation vote for BNB treasury company BNC as a community member, and chose "BNB Standard," which aligns with the current community voting results.CZ believes that the abbreviation "BNB Treasury Company" is easily confused with BTC, "Strategy" easily evokes MSTR, and "Reserve" is too conservative. By comparison, "BNB Standard" carries more strength.BNC stated that this vote is advisory in nature only, and the final name must still be approved by the board of directors and undergo legal review.
Tokenized Stocks Market Poised to Grow 250x, Entering a New Phase by 2028
Odaily News: According to a latest research report by Standard Chartered, the tokenized stocks market is projected to grow approximately 250 times by 2028. The bank believes that Arbitrum's business model is expected to help traditional financial institutions migrate assets and operations on-chain, and benefit from the development of tokenized stocks and other real-world assets.As of early September, the tokenized stocks market size was approximately $2.9 billion, making it one of the fastest-growing asset categories in the real-world assets sector.
Robinhood chain ecosystem token STANDARD market cap breaks $40 million
Odaily reports that according to GMGN data, the market cap of Robinhood chain ecosystem token STANDARD has risen above $40 million, currently at $43.11 million.It is reported that The Standard Reserve bills itself as an "onchain sovereign central bank," aiming to replace traditional central banks or DAO governance with approximately 4,000 lines of immutable smart contract code to achieve automated monetary policy. The protocol adjusts STANDARD issuance based on the net flow of ETH in Uniswap v4's official trading pools, and adjusts reserve assets, protocol-owned liquidity, and token buyback-and-burn arrangements when there are net capital inflows or outflows, respectively.Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.
Robinhood Chain ecosystem token STANDARD market cap falls below $30 million
Odaily reports, according to GMGN data, the market cap of Robinhood Chain ecosystem token STANDARD has fallen below $30 million, now at $28.1 million, with a 1-hour decline of over 16%.It is reported that The Standard Reserve bills itself as an "onchain sovereign central bank," aiming to replace traditional central banks or DAO governance with approximately 4,000 lines of immutable smart contract code to achieve automated monetary policy. The protocol adjusts STANDARD issuance based on the net flow of ETH in the official Uniswap v4 trading pool, and adjusts reserve assets, protocol-owned liquidity, and token buyback-and-burn arrangements when there is net capital inflow or outflow, respectively.Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.
A Robinhood wallet with $4.5 million in holdings bought $216,000 worth of STANDARD, now up $105,000
Odaily reports: According to on-chain analyst Aunt Ai, Robinhood (0x2ae...78ae) bought STANDARD at an average price of $0.18707 and is currently up $105,000, a 48.8% return. STANDARD is the seventh token it has actively bought, and its current on-chain holdings rank third, after PONS and CASHCAT, excluding stablecoins.
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Standard Protocol Keynote Speech | Polkadot Decoded2021
2021
05/20



