Key Information:

• Story Protocol tokenizes creative assets such as art, music, or AI-generated content.
• The project Aria Protocol within the Story ecosystem has secured partial rights to the song “The Truth Untold” from the iconic South Korean band BTS.

Crypto traders are currently navigating the aftermath of Tuesday’s severe market declines. However, investments in two specific altcoins have proven fruitful. Story’s IP has surged by nearly 40%, outpacing a general rise of 5.20% in leading cryptocurrencies as per the CoinDesk 20. Meanwhile, the exchange-based Hyperliquid’s HYPE has appreciated by 15%.

Tracking strong performers during market corrections can indicate demand, positioning them as potential investment opportunities for traders anticipating profitable rebounds.

Futures linked to intellectual property showcased a remarkable 52% increase in open interest to reach $162 million by Wednesday, reflecting trading enthusiasm.

Additionally, Aria Protocol confirmed it has obtained partial rights to the BTS song, which boasts over 670 million streams.

From Billboard charts to RWAs – one of the biggest boy bands of all time is coming to Story.

The ecosystem app @Aria_Protocol has acquired partial rights to “The Truth Untold” by BTS ft. Steve Aoki.

Over 670M streams and part of the first BTS album that debuted at #1 on Billboard 200. Image

In other news, solid fundamentals may also be enhancing demand for HYPE. The primary exchange recorded over $190 billion in trading volumes in January, followed by $167 billion in February, with all profits allocated for token buybacks from the open market. Data reveals that Hyperliquid generated $3.5 million on Tuesday alone, accumulating nearly $40 million in total this month, ensuring persistent demand for HYPE irrespective of wider market fluctuations.