Nansen Becomes TRON Super Representative to Boost Blockchain Transparency and Governance

Daily Top Performer — Sonic Labs (S)

The S&P 500 dropped 1.66% last week amid weak consumer sentiment. Markets now focus on the PCE inflation report and key earnings from Home Depot, Lowe’s, and Nvidia. Gold dips to $2,925 on profit-taking but Trump’s tariffs and inflation fears support demand, while the Fed’s stance may pressure prices. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 2.12%, with Bitcoin and Ether dropping by 0.24% and 1.47%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

Today's top performer is S, which surged 10.2% after Fjord Foundry's launch on Sonic Labs, enabling seamless token sales.

Sonic Labs (S), founded in 2018, is an EVM layer-1 blockchain evolved from Fantom, offering 10,000+ transactions per second. Its native token, S, replaces FTM at a 1:1 ratio. The platform focuses on performance, interoperability, and developer incentives. Fjord Foundry has launched on Sonic Labs, enabling creators to raise funds and launch tokens seamlessly through fixed price sales, liquidity bootstrapping pools (LBPs), or tiered sales within minutes.

Check Out the Latest Prices, Charts, and Data of SUSDT Perp and S/USDT Spot Contracts!

Talk of the Town

Nansen has joined TRON as a Super Representative, contributing to network security, governance, and block production while improving blockchain transparency. As a top blockchain analytics provider, Nansen will offer on-chain data insights, wallet tracking, and smart contract analysis to TRON’s developers and investors. This collaboration reinforces TRON’s decentralized ecosystem, which boasts over 277 million users, $24.6 billion in TVL, and 9.1 billion transactions.

Check Out the Latest Prices, Charts, and Data of TRXUSDT Perp and TRX/USDT Spot Contracts!

Bitcoin Spot ETF Flows

Between February 17–21, 2025, BTC Spot ETFs experienced a total net outflow of $552.5M, with GBTC losing $93.6M and non-GBTC ETFs losing $458.9M, marking February 20 as the worst day with a $364.8M outflow. Despite this, cumulative flows show non-GBTC ETFs holding a net inflow of $61.68B, while GBTC has seen total outflows of $22.11B, leaving the overall BTC Spot ETF net inflow at $39.57B.

Check Out the Latest Prices, Charts, and Data of BTCUSDT Perp and BTC/USDT Spot Contracts!

Airdrop to Watch

Multipli offers yield on real-world tokenized assets (RWA) and has launched Season 1 of its Points Program. Users can qualify for an airdrop via Monad Testnet (free method) or by depositing stablecoins on BSC/Ethereum (higher rewards). Testnet users stake free USDC faucets to earn tORBs, while stablecoin depositors receive xUSDC/xUSDT and earn Orbs. Withdrawals take 7 days.