FXS Outperforms Due to High Liquid Staking Yield; Coca-Cola Partners With SolSea to Issue NFTs
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Daily Top Mover — Frax (FXS)
The U.S. equities fell as the ADP job report exceeded the market expectations. The broader cryptocurrency followed suit but soon recoup some earlier losses. The top mover for today is FXS, which soared by over 20% in the past week as its liquid staking yield tops competitors and the excitement towards Ethereum’s Dencun Upgrade starts to materialize.