SHEN Shen
$0.1212
$0.0136
(12.28%)
Vol38,100.00
Anodos CEO warns of declining developer support in the XRP Ledger ecosystem
🚨 Anodos Finance CEO warns the $XRP Ledger ecosystem is losing builders and momentum. 🧑💻 Gen3 steps back from retail-focused XRPL projects, citing funding and support shortfalls. 💸 Mekras calls for urgent backing to stop talent leaving and boost developer resources. 📊 Devel...
COINTURK NEWS
Anodos CEO Calls XRP Army’s Attention: XRP Ledger Ecosystem Is Slowly Dying
The decision by Gen3 to step back from retail-focused development on the XRP Ledger has prompted a strong response from Anodos Finance co-founder Panos Mekras on X. Mekras described the update from Gen3 co-founder Shen as both disappointing and concerning, while highlighting the ...
Crypto News - Latest Cryptocurrency News
Top Validator Leaves XRP Ledger Permanently With His Project. Here’s why
After about five years of building products on the XRP Ledger, Gen3 co-founder Shen says the company can no longer justify continuing to invest its time, money, and energy into retail-focused platforms on the network. In a lengthy post on X, Shen described the decision as one of ...
Crypto News - Latest Cryptocurrency News
Ant Group robotics unit Lingbo opens its first funding round, targets 1.5 billion yuan
Ant Group’s (HK: 6688) Lingbo Technologies recently started its first external funding round, aiming to raise 1.5 billion yuan ($206 million). The company intends to hold a second funding round before the end of 2026, which would make it the fastest funding round of any startup i...
Cryptopolitan
Beijing Retaliates: MP Materials and USA Rare Earth Face Chinese Export Restrictions
China restricts exports to MP Materials and USA Rare Earth among 10 U.S. firms in retaliation for Pentagon's 1260H blacklist including Alibaba and BYD. The post Beijing Retaliates: MP Materials and USA Rare Earth Face Chinese Export Restrictions appeared first on Blockonomi.
Blockonomi
Coinbase Lets Users Borrow Up to $100,000 Against SOL
How Is Coinbase Expanding Its Onchain Lending Business? Coinbase has added Solana support to its crypto-backed lending product, allowing users to borrow up to $100,000 against their SOL holdings through the exchange’s Morpho integration on Base. The feature extends Coinbase’s exi...
Finance Feeds
China urges banks to adopt blockchain for tax data sharing and credit access
China’s regulators are pushing for banks to upgrade the “bank-tax interaction” model in a bid to expand financing for small businesses. According to a policy notice issued by the State Administration of Taxation and the National Financial Regulatory Administration, banks…
crypto.news
US charges Maryland man in $54M Uranium Finance exploit case
U.S. prosecutors have moved forward with charges against a Maryland resident accused of carrying out two exploits that drained more than $54 million from the decentralized finance platform Uranium Finance. Court filings unsealed by the U.S. Attorney’s Office for the…
crypto.news
Ripple joins Singapore sandbox, Bhutan’s big Bitcoin selloff: Asia Express
Ripple joins Singapore’s BLOOM cross-border trade finance sandbox scheme, Bhutan continues its massive Bitcoin sell off: Asia Express
Cointelegraph.com News
UK becomes first country to sanction crypto marketplace Xinbi over $19.9B fraud empire
The UK has sanctioned crypto marketplace Xinbi and Cambodia’s #8 Park scam compound over a $19.9b fraud and trafficking network, freezing London assets ahead of June’s Illicit Finance Summit. The UK government on March 26 sanctioned Xinbi, a Chinese-language cryptocurrency…
crypto.news
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About## What are Reserve Coins? In simple terms, Reserve Coins are digital tokens that maintain the algorithmic peg of stablecoins. By trading Reserve Coins, users can contribute to the stablecoin mechanism by providing the appropriate liquidity to maintain a sufficient peg ratio. By utilizing a reserve, base fees can be charged, collected, and pooled for transactions facilitated by the underlying stablecoin. Reserve Coin holders then get a share of this transaction pool as an incentive for their participation in maintaining the stablecoin peg ratio. Before the launch of Djed, we will be implementing a Reserve Coin that will serve this function of maintaining Djed’s peg and liquidity stability. We have provided some details on this below. ## What is Shen (SHEN)? Continuing with the ancient Egyptian theme, we picked Shen as the name for Djed’s Reserve Coin. The Shen is a symbol of both royalty and symmetry. It has a deep connection with infinity, eternity, protection, and completeness given its circularity. During our brainstorming sessions, we found this name to convey the characteristics and properties of Djed’s Reserve Coin appropriately. By buying and selling Shen, users are able to maintain Djed’s USD currency peg while earning a share of transaction fees in the reserve pool. Since the Reserve Coin is a tradable asset, holders can also profit from the short-mid term price fluctuations as an added incentive. We look forward to providing more information as we approach the official launch.
DetailsCategories
Cardano EcosystemCrypto-backed StablecoinStablecoins
Date
Market Cap
Volume
Close
August 25, 2026
$0.00
$38,084.80
---
August 25, 2026
$0.00
$3,692.62
---
August 24, 2026
$0.00
$1,952.89
$0.114
August 23, 2026
$0.00
$5,039.07
$0.1101
August 22, 2026
$0.00
$13,072.71
$0.1054
August 21, 2026
$0.00
$8,654.71
$0.098
August 20, 2026
$0.00
$3,938.26
$0.0833
August 19, 2026
$0.00
$73.18
$0.0742
August 18, 2026
$0.00
$729.57
$0.0754
August 17, 2026
$0.00
$175.05
$0.0737
Fundamentals
50
Neutral Sentiment
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Latest SHEN News
ViewAnodos CEO warns of declining developer support in the XRP Ledger ecosystem
COINTURK NEWS
Anodos CEO Calls XRP Army’s Attention: XRP Ledger Ecosystem Is Slowly Dying
Crypto News - Latest Cryptocurrency News
Top Validator Leaves XRP Ledger Permanently With His Project. Here’s why
Crypto News - Latest Cryptocurrency News
NVDA56
142
COIN16
16
WMT3
4