ETH falls below the $2700 mark

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After three years of rebuilding, decentralized finance has returned to pre-Terra levels with more measured growth and rising institutional adoption.

[Kraken Partners with Legion to Launch MiCA-Compliant Token Sales] Kraken has partnered with ICO platform Legion to conduct MiCA-compliant token sales on its newly launched Launch platform in Europe. The two parties will share curated token sales, and the related tokens will be listed for trading on Kraken after the sales conclude. Legion anticipates that the majority of token sales will take place on Kraken Launch, with the first batch of joint sales to be announced next week. The platform utilizes a performance scoring system for token allocation and plans to expand access to the U.S. market. Kraken stated that it will conduct independent compliance reviews for the token sales.

[MoneyGram CEO Says Stablecoins Will Promote Financial Inclusion] MoneyGram CEO Anthony Soohoo stated at the Meridian 2025 conference that cryptocurrencies, especially stablecoins, will play a significant role in providing financial opportunities for the unbanked and underserved communities. Earlier this week, MoneyGram launched its own stablecoin, further accelerating its expansion in the crypto space.

Avalanche (AVAX) gained 10.4% and Bitcoin Cash (BCH) rose 7.8%, leading index higher.