XRP DeFi Booms, Ethereum Dividends Spark Growth, Powell Hints at Rate Hikes

The XRP DeFi season is heating up on Polygon as Flare and SparkDEX continue to disrupt the landscape. Flare’s rapid growth has brought it into focus, while SparkDEX’s TVL continues to soar as a leading DEX on its network. This momentum comes in tandem with the recent launch of BTCS’s groundbreaking Ethereum dividend program. The company offers shareholders a one-time blockchain dividend (Bividend) of $0.05 per share in ETH and an additional $0.35 per share ETH loyalty payment. Meanwhile, investor attention is on the potential for Fed Chair Powell to signal further rate hikes following his speech at Jackson Hole this week.