SOL Strategies Inc. has secured a financing facility of up to $500 million through a convertible note agreement with ATW Partners, the company announced Wednesday. The publicly traded firm, which focuses on investments and infrastructure for the Solana (SOL) blockchain, said the funds will be used exclusively to purchase SOL tokens and support the company’s…
DeFi Development Corporation, formerly known as Janover Inc., has officially changed its corporate name to reflect a new focus: building a transparent, crypto-native treasury strategy for public market investors. The rebrand comes alongside a fresh $11.5 million purchase of Solana (SOL), bringing the company’s total SOL holdings to approximately $34.4 million. The company’s ticker symbol…
Burwick Law, a New York-based firm, has raised legal concerns about Metaplex’s plan to transfer over 54,000 unclaimed SOL, worth roughly $7.3 million, into its DAO treasury. In an open letter shared on X on Apr. 22, the firm warned that the protocol’s approach could lead to legal action and damage user trust in the…
Fartcoin has just flipped Bonk to become the second-largest Solana memecoin by market cap, following a 15% rally that pushed its market cap above the $1 billion mark. Fartcoin (FARTCOIN) has rallied over 15% in the past 24 hours, smashing through the $1 psychological resistance to trade at $1.06 at press time. With this rally,…
New filings show that Consensys, Solana, and Uniswap were among the crypto firms that donated millions to Trump’s inauguration. Multiple crypto firms donated quietly to Trump, including Consensys, Solana, and Uniswap. A recent FEC filing, published on Sunday, April 20, revealed more details about the crypto industry’s donations to Trump’s inauguration fund. The filings show…
Solana’s recent bounce has brought it face-to-face with one of the most important resistance levels on the chart. With multiple confluences stacking at this zone, the reaction here could dictate whether the next move is a breakout or a breakdown. Solana (SOL) has seen a notable bounce in recent sessions after finding key support just…
Upexi Inc. surged more than 450% in trading on Monday after crypto investment firm GSR announced a $100 million private investment in the company. The funding will support Upexi’s shift toward a cryptocurrency-based treasury strategy, according to a company press release. The investment, made via a private investment in public equity, marks GSR’s latest move…
The recent death of Pope Francis has propelled the meme coin inspired by the Vatican’s mascot, LUCE, above 130%. Not only that, more meme coins inspired by the Pope has also popped up on the market. According to data from meme coin tracking platform GMGN.Ai, the Solana (SOL)-based meme coin called LUCE has gone up…
A Solana-based non-fungible token project plans to buy a Cold War-era nuclear bunker in England by selling 100,000 NFT “land deeds.” Launched by the creators of the doomsday-themed NFT series Meatbags, Dead Bruv aims to raise funds through a new campaign, dubbed “#buythebunker,” in an effort to purchase a Cold War-era nuclear bunker in England,…
Despite the modest crypto market recovery, the NFT market sales volume has dropped by 4.7% to $95.9 million. Bitcoin (BTC) has recovered to the $85,000 level. At the same time, Ethereum (ETH) has shown a modest 2.4% recovery in the last seven days and is hovering at the $1,600 level. The global crypto market cap…
