The price of silver broke through $66 an ounce for the first time on Wednesday, up nearly 130% for the year. With a new round of rally that began on the day pushing its price up more than 4%, the total market value of silver has now reached $3.75 trillion, surpassing AI giant Google and becoming the fourth largest asset in the world, after gold, Nvidia and Apple. (Golden Ten)
The data shows that SOL has replaced BNB as the fourth largest cryptocurrency by market capitalization.
According to Bloomberg, State Street, the fourth largest asset manager in the United States with $4 trillion in assets under management, is exploring the creation of stablecoins and deposit tokens.