Announcements Gate Research: Wyoming Launches FRNT Stablecoin｜Solana Leads in Fee Stability

Gate Research: Wyoming Launches FRNT Stablecoin｜Solana Leads in Fee Stability

2025-08-20 06:06:32 UTC 85111 Read

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* Market Overview: On August 20, the crypto market broadly entered a downward adjustment phase. BTC dropped below 113,000 USDT, ETH fell by more than 4%, and most major tokens came under pressure. The Fear and Greed Index declined to 44, signaling a shift toward caution as market sentiment turned more watchful.
* Trending Tokens: MNT rose 6.2%, fueled by expectations of a perpetual futures launch, improved collateral efficiency in lending, and community engagement driven by puzzle task incentives. MORPHO gained 2.5%, supported by its integration with Ledger Live, the rollout of multi-token yield vaults, and expansion of institutional partnerships. LDO inched up 0.79% as cross-chain TVL of stETH surpassed $1 billion, reflecting growing momentum in liquid staking and reinforcing its leading position in Ethereum staking.
* Alpha Insights: Wyoming launched the first state-issued stablecoin in the U.S., FRNT, now deployed across seven blockchains, marking a significant step in local government crypto experimentation. Solana topped the rankings for Fee Stability Ratio (FSR), providing ideal infrastructure for high-frequency application scenarios. 1inch introduced a native cross-chain swap feature between Solana and EVM-compatible chains, lowering barriers for users and enhancing security, further advancing cross-chain interoperability.

Discover more details today → <a href="https://www.gate.com/learn/articles/gate-research-wyoming-launches-frnt-stablecoin-solana-leads-public-chains-in-fee-stability/11373" target="_blank">Gate Research: Wyoming Launches FRNT Stablecoin｜Solana Leads in Fee Stability</a>

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