Cardano’s price and trading volume experienced a dip following market volatility, but traders are optimistic about the asset’s future. This optimism is reflected in a surge in open interest. CoinGlass data shows that Cardano’s open interest increased by 1.98% within the past 24 hours, marking a remarkable $940.7 million investment from ADA traders across various exchanges like Binance and Bitget. These platforms hold over 41% of Cardano’s open interest, highlighting their significant influence on the ecosystem. Meanwhile, Hyperscale Data has announced its first $10 million acquisition of XRP, set to launch a new blockchain-based lending platform in Q3 2025. This move positions Hyperscale among the pioneers in bringing tokenized finance directly into the realm of public companies. On the stablecoin front, USDT’s market share continues to grow rapidly, reaching an astonishing 80% of all stablecoin payments according to a recent statement by Tether CEO Paolo Ardoino. This surge is attributed to the rapid adoption of stablecoins for transactions. Notably, Tron (TRX) dominates blockchain usage for stablecoin transfers followed by Ethereum, Binance Smart Chain, and Polygon.