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Crypto

Collectibles perpetuals exchange Trove switches from Hyperliquid to Solana after token sale

Trove, which launched as a collectibles-based perpetuals exchange for items such as Pokemon cards, has scrapped development of a Hyperliquid-based platform and pivoted to Solana, The Block reported on Jan. 18. The move came a week after a token sale. Trove lost access after a liquidity partner handling its staking position ended ties. The TROVE token is not yet listed, investors are seeking refunds and the project timeline is uncertain.

Crypto

Visa stablecoin settlements top $4.5 billion as payment infrastructure integration accelerates

Visa is accelerating efforts to integrate stablecoins into its existing payments infrastructure, as stablecoin-based settlement activity grows. A Visa executive told Reuters that stablecoins need links to established merchant networks to see real-world use, making Visa’s role more important. Visa is running a settlement pilot tied to Circle’s USDC with some U.S. banks. Annualised stablecoin settlements are about $4.5 billion, still small versus $14.2 trillion in total payments.

Crypto

Only 3 Ethereum layer2s top $5,000 a day in revenue, Base dominates with 70 percent

Only three Ethereum-based layer2 projects generated more than $5,000 a day in fee revenue as of Jan. 14, 2026, a survey found. CryptoRank data showed Base led with $147,000 in fees, accounting for more than 70 percent of total layer2 revenue. Arbitrum ranked second with $39,000 and Starknet third with about $9,000. All other layer2s combined generated about $15,000, the survey said.