PDAXScope: XRP stalls, $1.2B ETH gain, Trump sons’ BTC miner
PDAX
September 05, 2025
3 min read
XRP Hits a Wall, Solana Slips, and Pump Puffs Its Chest: Analysis (Decrypt)
XRP has lost momentum after hitting its recent high, while Solana drifts lower despite plans for a major upgrade, as reported by Decrypt. In contrast, the memecoin platform token PUMP saw a bright spot – climbing over 6% – thanks to a new creator-focused fee system reportedly designed to better reward creators without killing trading volume.
Etherealize raises $40M to market Ethereum, firms add $1.2B this week (Cointelegraph)
Etherealize, a firm backed by Ethereum co-founder Vitalik Buterin and the Ethereum Foundation, has secured $40 million in funding from venture capitalists (Paradigm and Electric Capital) to help bridge Wall Street and Ethereum, as reported by Cointelegraph. In the same week, public companies added over $1.2 billion worth of ETH to their treasuries, signaling strong institutional interest.
Trump's oldest sons' American Bitcoin stake worth $1.5 billion in stock debut (Reuters)
American Bitcoin, a cryptocurrency mining company backed by U.S. President Donald Trump’s sons – Eric and Donald Jr. – made its stock market debut on Nasdaq under the ticker ABTC, as reported by Reuters. Shares initially surged before reportedly settling with their stake valued at about $1.5 billion, and briefly peaking at $2.6 billion.
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