Crypto Market Navigates Interoperability Gains and Regulatory Clarity Amidst DeFi Contraction and Mixed Fund Flows
Crypto Market Navigates Interoperability Gains and Regulatory Clarity Amidst DeFi Contraction and Mixed Fund Flows
The crypto market presents a complex picture of innovation and challenge. THORWallet has launched Stellar cross-chain swaps, leveraging NEAR Intents to connect assets like XLM with major networks including Bitcoin, Ethereum, Solana, and BNB Chain. On the regulatory front, fears surrounding the EU’s AMLR 2027 were dismissed, clarifying that self-custody wallets and P2P transfers are not outlawed. Meanwhile, specific altcoins like Monero and Railgun are showing bullish momentum, potentially heading towards new all-time highs. However, the DeFi sector has seen a significant contraction of $36 billion, testing Ethereum's strength with falling TVL and slowing institutional inflows. Paradoxically, despite broader crypto fund outflows of $1.2 billion, Solana and XRP managed to buck the trend by attracting strong inflows.
THORWallet, the mobile-first non-custodial wallet bridging DeFi and TradFi, is thrilled to announce that Stellar cross-chain swap routes are now live powered by NEAR Intents. This new integration enables users to swap Stellar assets such as XLM or USDC (on Stellar) directly to and from Bitcoin, Ethereum, Solana, BNB Chain, and other major networks all
Circle’s Patrick Hansen dismissed fears that the EU’s upcoming Anti-Money Laundering Regulation (AMLR) will outlaw self-custody wallets or peer-to-peer crypto transfers.
Ribbita, Monero, and Railgun are gaining bullish traction as the crypto market recovers. If key resistance levels are broken, these altcoins could reach new record highs in the second week of November.
The DeFi sector’s $36 billion contraction is testing Ethereum’s strength, with falling TVL, slowing institutional inflows, and key resistance near $3,700 shaping ETH’s next major move.
Crypto funds saw $1.17B in outflows led by U.S. investors, while Solana and XRP bucked the trend with strong inflows.