Sky Protocol’s USDS supply surged past 9 billion in February, overtaking DAI and capturing over 50% of the stablecoin market within its ecosystem. The Sky Savings Rate was adjusted from 12.5% to 6.5%, while multichain adoption expanded, enhancing liquidity through Polaris and increasing USDS acceptance across various networks. The SKY token’s price has also seen significant growth, reflecting rising investor interest.
about Sky Protocol's USDS Supply Exceeds 9 Billion Surpassing DAI in FebruarySperax USD
0 posts last weekOpenOcean Supports Sky Ecosystem for Enhanced Trading on Ethereum and Base
OpenOcean has officially integrated support for the Sky Ecosystem on Ethereum and Base, enhancing trading opportunities for USDS, sUSDS, and USDC tokens. This move facilitates greater liquidity and efficiency, particularly on the Base network, which is designed to lower trading costs. As Sky, formerly MakerDAO, transitions to its new identity, MKR tokens will convert to SKY at a rate of 24,000 SKY per MKR, with plans for full migration by 2025.
about OpenOcean Supports Sky Ecosystem for Enhanced Trading on Ethereum and BaseSolana’s Growth Surge and Competitive Edge Over Ethereum in 2025
Solana is rapidly outpacing Ethereum across key metrics, with a recent report indicating its Real Economic Value at 111% of Ethereum’s. The surge is attributed to increased activity from Solana’s memecoin platform, Pump.fun, which has generated over $390 million in revenue. Upcoming upgrades, including Firedancer, are expected to further enhance Solana’s scalability and stability, positioning it for continued growth in the crypto market.
about Solana's Growth Surge and Competitive Edge Over Ethereum in 2025