[Today's Global Trending Coins] Solana, Kaito, MegaEther, Ripple, ThorChain, and More

According to the Token Mindshare, a metric quantifying the influence of specific tokens in the cryptocurrency market, from the AI-based Web3 search platform Kaito, the top five cryptocurrency-related keywords currently attracting the most attention are Solana (SOL), Kaito (KAITO), MegaEther (MEGAETH), Ripple, and ThorChain (RUNE).

Solana and Ripple, which ranked first and fourth, drew investor interest as asset management firms submitted documents for cryptocurrency spot ETFs based on these two cryptocurrencies. According to Bloomberg analysts, Grayscale submitted a 19b-4 filing for a Solana spot ETF to the Securities and Exchange Commission (SEC) on this day. Another asset management firm, CoinShares, submitted an S-1 filing related to a Ripple spot ETF to the SEC. For a cryptocurrency spot ETF to be listed on an exchange, both the 19b-4 and S-1 must be approved.

Kaito took the second spot. Investors showed interest as many wrote articles to collect Kaito's Yaps points. The Yaps program is a participant encouragement program run by Kaito. Points can be earned by posting related content about Kaito on Twitter. It is expected that Yaps points will be a key indicator for future Kaito airdrop allocations.

MegaEther, in third place, is gaining popularity on the Kaito Yapper Launchpad. On this day, Kaito announced via its official X (Twitter) to "vote using Yaps points for projects with upcoming Token Generation Events (TGE)."

Finally, ThorChain, which ranked fifth, caused investor concern when an influencer exposed it as being in a 'state of insolvency.' The previous day, a cryptocurrency influencer stated, "ThorChain validators have decided to temporarily halt network operations and are voting on a restructuring plan. ThorChain's liabilities include a $97 million loan (ETH, BTC) and approximately $102 million in deposits and synthetic assets (ETH, BTC), with only $107 million in external liquidity available." He added, "This fund could disappear at any time if liquidity providers (LPs) withdraw or if ThorChain holders become anxious."

Additionally, investors are showing interest in FriendTech, Coinbase, OpenLedger, Union, and Mitosis.