DeFi & L1/L2 Update: ETH Staking, ETFs & Stablecoin
Summary
The Upside community received a DeFi & L1/L2 update highlighting key developments in the crypto space. This update notes that Ethereum's staking entry queue has finally surpassed the exit queue for the first time in six months. Furthermore, it covers Morgan Stanley's filing for spot BTC and SOL ETFs and the launch of Jupiter's JupUSD stablecoin, signaling significant institutional and infrastructure activity.
DeFi+L1L2 Update:
📈 Ethereum's staking entry queue surpassed the exit queue for the 1st time in 6 months
💸 Morgan Stanley filed with the US SEC to launch its own spot BTC and SOL ETFs
🪙 Jupiter launched JupUSD stablecoin
Full details 👇
crypto.com/market-updates/defi-l1l2-weekly-2026-01-07?utm_source=x&utm_medium=social&utm_campaign=rni_defi-l1l2
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