Gate News Bot news, July 21, according to CoinMarketCap market data, as of the time of writing, DRIFT (Drift) is currently priced at $0.68, having risen 35.27% in the last 24 hours, with a high of $0.69 and a low of $0.44. The current market capitalization is approximately $233 million, an increase of $60.8 million compared to yesterday. Drift is a decentralized exchange built on the Solana blockchain, offering perpetual contract trading, prediction markets, and automated yield features. The platform aims to provide users with an experience similar to centralized exchanges while maintaining the advantages of decentralization. Drift supports multiple crypto assets as collateral and offers up to 101 times leverage trading. Important news about DRIFT recently: 1️⃣ **Drift Protocol Launches Prediction Market Feature**

Aster has launched a Mining Points Acceleration and Contract Trial Fund event, where users participating in platforms such as Hyperliquid, Drift, and GMX can obtain a 1.1x Mining Points acceleration and 100 USDT Contract Trial Fund. Aster also announced the launch of Aster Pro mode, allowing users to earn Rh Points by trading in Aster Pro mode starting from April 10.

ChainCatcher message, according to Drift Protocol, a DecentralizationPerptual Futures platform based on Solana, it is now possible to stake BONK on Drift.

Jinshi data news on December 23, just now, the A-share market experienced three major emergencies. First, after the opening, long bonds experienced a short squeeze trend, which led to changes in equities; second, micro-cap stocks and small-cap stocks reappeared the scene of last Monday, with a significant pullback in the morning; third, the A50 unexpectedly strengthened against the market, with the index once rising by 1%, while Hong Kong stocks were more stable than A-shares. Analysts believe that as funds are still chasing government bonds, the style of the stock market also tends towards dividends. Among dividend stocks, large market capitalization accounts for a large part, which also drives the rise of A50. Micro-cap stocks saw a significant sell-off in the bearish market in the morning, mainly for three reasons: first, style drift; second, as the annual reports approach, the market's expectations for small and medium-cap stocks are not high; third, the delisting new regulations began to ferment over the weekend.

On November 28, Jinshi data reported that on the evening of November 28 local time, according to the message from the Republic of Korea's Joint Chiefs of Staff, North Korea once again released balloons towards South Korea. The Joint Chiefs of Staff stated that based on the wind direction, these balloons may drift towards the capital area such as Gyeonggi Province in South Korea. The South Korean military warned citizens to be cautious of floating objects falling from the sky, and if found, do not touch them and report to the military or police nearby. North Korea has not responded to this.

Less than a day after Sky (formerly MakerDAO) issued USDS, the circulating supply of USDS on Solana has exceeded $89 million, making it the fastest rising stablecoin. The lending platforms Save, Drift, and Kamino are offering returns of over 20% on USDS deposits. Sky encourages the use of Tokenbridge service Wormhole to transfer funds to Solana, further increasing the circulating supply.

The ecosystem tokens of Solana are experiencing a general uptrend, with RAY, DRIFT, KMNO, ORCA, CLOUD, PRCL, PUPS, DOGE, FARTCOIN, and others all seeing a surge of over 10% in the past 24 hours, with DRIFT leading the way with a staggering 100.4% increase.

Odaily Planet Daily News According to the market, DRIFT has broken through 2 USDT, now reporting 2.26 USDT, with a 24-hour increase of

DRIFTbig pump, with a 24-hour increase of more than 345.8%, Market Cap reached $550 million, Multicoin Capital predicted a fair value of $3.58 for DRIFT, and its DRIFT Position has a floating profit of 455%.

Odaily Planet Daily News Aevo announced its launch on platform X

Odaily Planet Daily News According to a post on DecentralizationPerptual Futures platform Drift Protocol based on Solana, the DIP-2 proposal to launch the Drift FUEL fund has been approved. It is reported that the proposal aims to use approximately 8.2 million unclaimed and confiscated DRIFT tokens to launch the Drift FUEL Fund, which is designed to incentivize the Drift Protocol.

Golden Finance reported that according to the market, Drift Protocol Token DRIFT on the Solana ecosystem DEX Derivatives platform has broken through $0.65 to reach a new all-time high, currently trading at $0.6554, with a 24-hour increase.

Odaily Planet Daily News Multicoin Capital Co-founder Kyle Samani wrote in a post that since 2019-2020, we have been analyzing Decentralized Finance Derivatives seriously, and we believe that Drift Protocol is the best protocol to seize this opportunity. We led multiple rounds of private sale financing, starting from May DRIFT

Multicoin Capital's fund holds a large amount of Drift (DRIFT) Tokens, which is the native Token of Derivatives Decentralization exchange Drift based on the Solana blockchain. The company has evaluated the functionality and advantages of Drift, believing that it will continue to iterate on its core Perptual Futures product and expand the market. Based on the valuation framework and market assumptions, Multicoin Capital expects DRIFT to be valued at 3.58 US dollars, more than 7 times its current market price.

On September 9th, Drift Protocol, a DecentralizationPerptual Futures platform based on Solana, initiated a proposal on Realms to seek the use of approximately 8.2 million unclaimed and confiscated DRIFT tokens to launch the Drift FUEL fund, which aims to incentivize Drift

PANews August 19th news, according to the official blog, Drift Protocol announced the launch of the prediction market B.E.T on Solana, the first prediction market centered around the US elections. In the future, more market categories will be launched, including sports (F1, CryptoFightNight), Cryptocurrency, and culture (Solana debate results).

PANews news on July 29th, according to the hints released by Drift Protocol on the X platform, the Solana ecosystem Derivatives platform Drift Protocol is about to launch prediction market functionality on Solana.

Odaily Planet Daily News Drift Protocol announced on X platform that it is migrating to Pyth