In this episode of Coin Street headlines, we dive into the latest developments in the world of cryptocurrency and blockchain technology. Discover how BNP Paribas and HSBC have joined the Canton Foundation, signaling a growing institutional interest in real-world asset applications of blockchain. Learn about Vietnam’s new five-year crypto pilot that bans the issuance of assets backed by fiat currencies or securities, requiring all crypto transactions to be conducted in Vietnamese Dong. We explore the top blockchains projected for 2025 based on active users, with Solana leading the pack. Find out how DeFi, NFT ecosystems, and stablecoin adoption are driving user growth amidst stiff competition. Jane King with the latest from the NYSE.
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Two major global banks, BMP Paribas and HSBC, have joined the Canton Foundation, the development organization of the tokenization focused Canton Network.
This continues to show continued institutional interest in real world asset applications of blockchain technology.
The foundation announced that BMP Paribas and HSBC are now members along.
Recent entrants Goldman Sachs, Hong Kong FMI Services, and Moody's ratings.
With more than 30 members, the Canton Foundation provides governance and strategic direction for the network while advancing blockchain-based financial use cases.
Well, Vietnam has adopted a 5-year crypto pilot that takes effect immediately and bans the issuance of assets backed by fiat currencies or securities.
The Requires crypto transactions from issuance to trading and payments to be carried out in Vietnamese dong.
The resolution also specifies that issuers must be Vietnamese enterprises registered as either limited liability companies or joint stock companies under the law on enterprises.
Vietnam is ranked among the top countries worldwide for cryptocurrency adoption.
Top block chains in 2025.
Based on active users range from D5 stars to gaming chains.
Growth notwithstanding, these blockchains are facing stiff competition.
Now at the top, coin to coin telegraph, is Solana with 57 million monthly active users.
Blockchain growth in 2025 hinges on real usage and tech upgrades, not speculation or hype, DI NFT ecosystems, and stable. adoptions are driving millions of new users.
Meanwhile, Solana hit $219.50 and XRP rose above $3 as both cryptocurrencies outperformed the broader market.
While Ethereum cools, prediction markets show 54% of users expect Solana to reach new all-time highs by the end of the year, with similar bullish sentiment for XRP, and that is the latest Coin Street headlines.