📰 News and Market Updates 📰
Avalanche is making waves with a $250M Real-World Asset (RWA) boost through a partnership with Grove and Janus Henderson, targeting US Treasurys and collateralized loan obligations. This could increase institutional adoption and drive up the price of $AVAX. 🚀
Meanwhile, MetaMask has partnered with Aave to offer stablecoin yield through its MetaMask Stablecoin Earn feature, supporting $USDC, $USDT, and $DAI. This integration may lead to increased adoption of MetaMask and Aave, potentially driving up demand for Ethereum and the supported stablecoins. 💸
In other news, Mill City Ventures is shifting its strategy to focus on crypto treasury by allocating nearly all of a $450 million private placement to purchase $SUI tokens, worth $441 million. This investment could increase demand for $SUI tokens and attract other institutional investors to explore similar crypto treasury strategies. 📈
And, a prominent crypto analyst predicts $ETH could reach $8,000 to $13,000 in Q4, while SharpLink Gaming adds a significant amount of ether to its treasury. This could lead to increased buying pressure and a potential price surge for $ETH. 🔥
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