DeFi Development Corp. has deployed another $77 million from its equity raise into Solana, bringing its total holdings to a staggering 1.83 million tokens. This move intensifies its high-profile bet on crypto as a core corporate asset. Summary DeFi Dev Corp boosted its Solana holdings by 29% with a $77 million purchase, lifting reserves to…
Solana’s DeFi ecosystem has seen explosive growth, nearing all-time high levels, but SOL continues to lag behind. Summary Solana’s DeFi TVL is at $11.725 billion, nearing its all-time high in January Despite that, SOL price is lagging behind, far from the January ATH DeFi metrics suggest that SOL may continue to lag behind its DeFi…
Mantle has teamed up with LayerZero to take its native token omnichain, starting with integration across HyperEVM. Summary Mantle Network has launched MNT omnichain support with LayerZero. The protocol will leverage LayerZero’s omnichain fungible token standard to make MNT interoperable across chains. The Mantle price rose amid the integration and other positive ecosystem news. Mantle…
Cardano price is eying a major bullish breakout as a key deadline for the Grayscale ADA ETF nears. Summary Cardano price could surge soon as a key ADA ETF decision is coming. The SEC will deliver its decision on the Grascale ETF in October. Technical analysis points to a strong ADA jump soon. Cardano (ADA)…
Pyth Network price jumped more than 60% as the cryptocurrency reacted to news that the U.S. Department of Commerce has selected the oracle platform as a strategic partner in the verification and distribution of on-chain economic data. Summary Pyth Network price soared 60% to hit highs of $0.20 as volume spiked 2,700%. Gains for PYTH…
Bitcoin and the broader crypto market are on edge as a top economist, whom Donald Trump nominated to the Federal Reserve in 2019, downplayed the impact of the upcoming interest rate cut. Summary Stephen Moore, a top US economist, has downplayed the impact of the coming Federal Reserve interest rate cut. He believes that the…
Trump’s confrontations have unsettled markets and governance worldwide. Crypto has so far been spared, but its protection rests on a shifting political balance. Summary Trump dismissed Fed Governor Lisa Cook on Aug. 26 and has repeatedly threatened Chair Jerome Powell, testing the legal limits of central bank independence. Tesla, SpaceX, major broadcasters, and universities have…
The Department of Commerce has broadcast its Q2 GDP data across a diverse array of nine L1 and L2 networks. The move transforms a report into a permanent, globally-verifiable cryptographic fact, auditable by anyone on Earth. Summary U.S. Department of Commerce publishes Q2 2025 GDP data on nine blockchains, including Bitcoin, Ethereum, and Solana. The…
A new decentralized Bitcoin derivative by Lombard Finance will offers 1% APY while maintaining full BTC backing across bridge to Solana. Summary Lombard Finance will offer the yield bearing asset alongside Base, Sui and Ethereum offerings. Yield bearing on Solana in Bitcoin is the latest offering to bring the protocol’s $1.5 billion in capital to…
Tether is deploying USDT on the RGB protocol, creating a form of Bitcoin-native existence that bypasses bridges and wrapped assets and laying the foundation of what could redefine the chain’s utility beyond mere value storage. Summary Tether is launching USDT on Bitcoin via the RGB protocol, enabling native transfers without bridges or wrapped tokens. The…
