Binance has launched a centralized yield hub that consolidates on-chain yield products for VIP users. The initiative is part of its broader push toward a multi-asset “financial super app” alongside services like Binance Wealth and over-the-counter execution. Key Takeaways Binance launched new product to give VIP users higher quotas and 10% to 20% higher APRs on 20+ tokens. Exchange platforms are shifting toward multi-asset models to keep institutional capital unified on-chain. Binance plans to expand SAPI integrations for algorithmic asset strategies across its institutional suite. Lowering Barriers for High-Tier Users Binance has launched a dedicated yield hub designed to unify selected earning opportunities, including on-chain yield products, into a single centralized platform. Known as VIP Earn, the new initiative offers Binance VIP users access to preferential annual percentage rates, up to 10% to 20% higher than standard retail rates. Eligible users also gain access to sign...
XRP wallets holding at least 1 million tokens grew by 32 over the past three months, even as the token’s market capitalization fell 29% in the same window, per Santiment. Whale Wallets Keep Climbing Despite the Slump The XRP Ledger’s wealthiest addresses are still adding to their positions even as the broader market struggles. Onchain analytics firm Santiment noted that the number of wallets holding at least 1 million XRP increased by 32 over the last three months . Over that same period, XRP’s total market capitalization dropped by a sizable 29%