Swarm launches real-backed tokenized stocks on Hedera with instant redemptions and DeFi integration
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Daily Bits
Aug 19, 2025
2 min read
Daily top performer — Onyx Protocol (XCN)
The S&P 500 slipped slightly below flat on Monday as investors awaited retailer earnings and Fed signals on rate cuts, keeping trading subdued. Gold slipped to around $3,330 as a stronger US dollar and political uncertainty weighed, with support near $3,323 and resistance at $3,352 while traders await Trump–Zelenskyy talks and Fed Minutes. The Coindesk Indices, which tracks the broader crypto market, fell 0.67%, with Bitcoin and Ether down 1.10% and 2.95%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is XCN, up 13.6% after the Onyx Smart Wallet update introduced multichain gas-free $XCN transactions.