ProShares' GENIUS Money Market ETF (IQMM) recorded approximately $17 billion in trading volume on its first day, significantly exceeding the $1 billion first-day volume of BlackRock's Bitcoin ETF (IBIT) at its January 2024 launch, The Block reports. The ETF holds assets meeting U.S. legal reserve standards for stablecoins and aligns with the GENIUS Act signed in July last year, which requires stablecoin issuers to maintain 1:1 backing with secure, highly liquid instruments such as U.S. Treasuries. Analysts cited by The Block suggest a substantial portion of the inflows likely originated from stablecoin issuer Circle.

Bitmine purchased 17,722 ETH ($34.74M) eight hours ago, Tom Lee of Fundstrat said. Three wallets likely linked to Bitmine bought a combined 62,722 ETH ($123.25M) this week.

Vitalik Buterin said on X on Feb. 21 that he is developing a roadmap to build an extension layer on Ethereum that he describes as a "cypherpunk-principled, non-ugly Ethereum" with close integration and strong interoperability with existing infrastructure, PANews reports. He explained the extension would evolve step by step while helping the base protocol gain key system-level cypherpunk and simplicity properties, including censorship resistance, ZK-prover friendliness, and consensus layer changes. Buterin added that over the next five years, or possibly earlier with faster AI coding and formal verification, a clear path could open for existing systems to migrate to smart contracts written in the new framework's language when required. Ethereum has already executed major mid-flight changes such as "The Merge" and still has capacity for around four more system-level upgrades of similar scope, including state tree optimizations, lean consensus, ZK-EVM verification, and virtual machine layer modifications.

Solana (SOL) has fallen nearly 40% over the past 30 days as traders explore newer opportunities including Mutuum Finance (MUTM), CoinoMedia reports. The MUTM presale is in Phase 7 at $0.04, has raised over $20.6 million from more than 19,000 holders, and is set to launch at $0.06; the project's whitepaper details a decentralized lending protocol with shared liquidity pools and peer-to-peer agreements, its V1 is live on Sepolia testnet where users deposit assets like ETH or USDT to receive yield-tracking mtTokens, and Halborn Security completed a full manual audit. Analysts cited in the report project SOL could find a floor at $30 to $40 in 2026-2027, while some expect MUTM to reach $0.20 to $0.50 by end-2026 if the project's buy-and-distribute mechanism using protocol revenue to reward holders drives demand.

Ethereum accumulation has climbed to a multiyear high even as its price struggles, onchain data show. The buildup comes as Ethereum co-founder Vitalik Buterin pledged news and updates and expressed continued enthusiasm for the network, while onchain indicators show demand near historic levels.

Deutsche Bank is using Ripple's technology for cross-border payments, the source summary shows. XRP has fallen below a key support level at $1.42. The UAE has mined more than $450 million in BTC, according to the same summary.

Coinbase added ADA as eligible collateral for its onchain lending product, enabling U.S. customers to borrow up to $100,000 in USDC against Cardano after integrating the DeFi protocol Morpho, the exchange said, and Cardano traded near $0.28 following the update. The expansion excludes New York residents and arrives alongside collateral support for XRP, Dogecoin and Litecoin, while the exchange launched the service last year with Bitcoin and Ether and has reported more than $1.9 billion in loan originations. Onchain data show wallets holding 1 million–10 million ADA and 10 million–100 million ADA acquired a combined 240 million tokens over the past week, according to Santiment. ADA traded around $0.275 at the time of writing, oscillating between support near $0.27 and resistance near $0.30 as the MACD signal line remained above the MACD line, per TradingView.

Ethereum plans to integrate FOCIL in a protocol upgrade scheduled for later this year to reinforce the network's censorship resistance, Daniel said. Commenting on the move, Vitalik Buterin said "Ethereum is going hard."

BNP Paribas launched a pilot to tokenize a money market fund on the Ethereum network, testing blockchain infrastructure for traditional fund operations. The trial uses Ethereum to represent fund units on-chain and examines the feasibility of public blockchain rails in regulated financial products.