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Bankless: $5 Trillion Crypto Market Cap Soon? “By Next Week” -Ryan

Crypto Uptober Frenzy

Bitcoin and Ethereum are charging toward new highs, thanks in part to Tom Lee dropping another $1 billion into ETH and Vanguard finally green-lighting crypto ETFs. The whole market is buzzing with optimism—some even claim we’ll hit a $5 trillion cap by next week!

New Rails & Rivalry

Stripe just rolled out an open-issuance stablecoin platform to challenge Tether–Circle’s grip, Cloudflare surprised everyone with on-chain payments, and SWIFT teamed up with ConsenSys on blockchain rails. Meanwhile, Zcash popped 200%, Ethereum’s Lighter perps exchange launched, and Circle ignited debate with plans for reversible USDC.

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