Author: admin

Solana’s Ambitious Strategy to Compete with Nasdaq

Solana has introduced an ambitious plan to compete with major centralized exchanges like Nasdaq and the New York Stock Exchange (NYSE). This initiative comes as public companies increasingly look to issue stocks and equity on-chain.

To position itself as a strong competitor, Solana must address issues of transaction censorship, as emphasized by both founder Anatoly Yakovenko and researcher Max Resnick. They suggest implementing a consensus model with multiple node leaders, which would prevent any single node from blocking transactions, thereby enhancing order sequencing and overall efficiency.

Dan Robinson from Paradigm has praised this proposal, describing it as “impressive.” The urgency of Solana’s strategy is underscored by the recent launch of Superstate’s ‘Opening Bell’ platform, which enables firms to issue and trade tokenized shares on Solana and Ethereum.

Furthermore, Robinhood is reportedly considering a blockchain solution to facilitate trading US stocks for EU investors, potentially through Solana or Ethereum’s Arbitrum. SEC Commissioner Hester Pierce has also expressed support for this shift, suggesting a potential exemption from registration for firms utilizing Distributed Ledger Technology (DLT) for issuing and trading securities.

Well-executed, this initiative could significantly increase Solana’s adoption, particularly among non-U.S. investors interested in the U.S. equity markets. Moreover, Solana has shown strong performance relative to Ethereum in terms of network adoption and revenue in April.

Tracy Jin, COO of the MEXC exchange, reported that Solana’s decentralized exchange volume surpassed $800 billion in 2025, indicating robust on-chain liquidity. Currently, Jin’s analysis suggests that a rise in SOL’s price could occur, particularly if it breaks through the resistance level of $153.

If successful, this could position the cryptocurrency toward reaching $180 and potentially $200 soon after, especially following Bitcoin’s recent surge beyond $100K, which has positively influenced SOL’s movement.

CryptoBilis Unveils Enhanced Bitcoin Pizza Day 2025 in Manila, Partnering with Tangem for Exciting Event!

CryptoBilis is excited to announce the highly anticipated return of the “Bitcoin Pizza Day” celebration, scheduled for May 30, 2025, in Manila. Following the incredible success of the 2024 event, which attracted over 500 cryptocurrency enthusiasts, this year promises an even grander experience. The venue for the event will be the spacious MetroTent in Ortigas, which will host festivities in collaboration with Tangem as the official partner.

“Bitcoin Pizza Day” commemorates a significant moment in cryptocurrency history—May 22, 2010, when Laszlo Hanyecz infamously made the first real-world purchase using Bitcoin by buying two pizzas for 10,000 Bitcoins. This event symbolizes Bitcoin’s evolution and the growth of the cryptocurrency community. Arravind Prabu, Co-Founder of CryptoBilis, expressed excitement about the upcoming event: “Last year’s gathering demonstrated the strength of the Philippine crypto community.

We aim to create an even more engaging experience in 2025.”

Attendees can expect a lively atmosphere at the event, featuring a larger venue for networking, delicious pizza, and an expanded exhibitor showcase with Web3 innovations. Industry leaders will deliver presentations on the latest developments in the cryptocurrency space. Participants can interact with key figures in the industry, enjoy giveaways, and partake in engaging activities.

Mike Biag, the CryptoBilis Philippines Lead, emphasized the importance of community, stating the goal is to foster celebration and connection. RC Pajaro, NFT Philippines Community Lead, echoed this excitement, looking forward to reuniting at the MetroTent. Event details include:

– Date: May 30, 2025
– Location: MetroTent, Ortigas, Manila
– Time: 3 PM – 12 PM
– Event Passes: Starting at PHP 299

Businesses interested in exhibiting or sponsoring the event and media representatives seeking passes are encouraged to reach out to the organizers via email or FB Messenger.

Join us as we celebrate the legacy of Bitcoin Pizza Day!

BNBInfinity Hits 420+ BNB in Global Deposits as DeFi Investors Embrace High-Yield Smart Contracts

BNBInfinity has surpassed 420 BNB in global deposits, positioning itself as a leading yield farming protocol on the Binance Smart Chain in 2025. With a focus on verifiable returns and multi-tiered referral rewards, it has attracted a growing user base across more than 40 countries. As decentralized finance (DeFi) adoption gains momentum worldwide, BNBInfinity stands out by combining transparency, user empowerment, and community-driven scalability. The platform, recently launched on the Binance Smart Chain, has already demonstrated significant investor confidence and global reach.

BNBInfinity offers a user-friendly yield farming model characterized by daily returns ranging from 7.8% to 17%, flexible investment plans (7, 15, and 30 days), and a robust 5-Level Referral System providing up to 11.5% in rewards. Its smart contract is fully verified, ensuring users can engage without concerns over privileged functions or admin controls. Further, BNBInfinity is attracting participants from diverse regions, including India, the Philippines, Nigeria, Brazil, and more. Each of these markets benefits from rapid referral network growth and community-led education initiatives, bolstered by individual contributions of over 20 BNB in some regions like the US and UK.

The potential returns showcase BNBInfinity’s effectiveness. By following a simple reinvestment strategy, a user can potentially grow their investment significantly within a 90-day cycle. For example, starting with 1 BNB under the 30-Day Plan can yield over 12 BNB, highlighting the power of compound interest without the need for referrals. Security remains a primary focus, with BNBInfinity employing an immutable contract, no central admin wallet, and fully audited code.

The platform’s decentralized approach is designed to instill user trust as it expands through community engagement and a strong referral incentive structure. As it builds momentum in the DeFi landscape, BNBInfinity is establishing itself as a credible, accessible, and high-performance platform for investors seeking advantageous yield farming opportunities.

Ethereum Community Raises Alarm on Centralization Following Solana’s Resolution of Major Bug

In mid-April, Solana successfully addressed a critical vulnerability that had the potential to allow unlimited token minting. The Solana Foundation announced this fix on May 3, two weeks after the issue was resolved, citing security concerns that intended to prevent any attackers from exploiting the flaw if it were disclosed earlier. However, this announcement led to a considerable debate rather than praise, particularly from the Ethereum community.

Ethereum supporters, notably Ryan Berckmans, criticized Solana for its perceived centralization. Berckmans pointed out that Solana lacks client diversity, meaning its execution software is limited to a single client. According to him, this makes any bugs on the client, like the one recently addressed, effectively protocol bugs.

In contrast, Ethereum operates with four active execution clients, which mitigates the risk of network failures and attacks. Berckmans emphasized that Ethereum, both on Layer 1 and Layer 2, poses a significantly lower risk for large institutional investments. He argued that capital trends support Ethereum as the superior choice for long-term investors such as corporations and governments.

Responding to the criticism, Solana’s co-founder Anatoly Yakovenko downplayed the concerns raised by Ethereum advocates. He pointed out that major players in Ethereum’s ecosystem also included a handful of validators, indicating that centralization issues are not unique to Solana. At the time, Solana’s market sentiment remained neutral, suggesting potential price fluctuations.

Following a notable high of $157, SOL experienced a decline of nearly 10%, trading at around $143. This dip might represent a buying opportunity, provided it remains within certain moving average thresholds, although a sustained dip below them could indicate a bearish trend.

Florida Withdraws from Bitcoin Reserve Competition: Implications for State-Led Cryptocurrency Adoption

Florida has withdrawn its ambitious plan to incorporate Bitcoin into its state treasury, marking a significant pause in state-led cryptocurrency adoption. Two proposed bills, HB 487 and SB 550, aimed at allocating up to 10% of specific public funds into Bitcoin. However, as the legislative session concluded on May 3, these measures did not reach a floor vote and were indefinitely postponed. Bitcoin Laws, a researcher in this area, highlighted the lack of progression by confirming that these bills did not pass before the legislature adjourned.

This withdrawal places Florida alongside several other states that have abandoned crypto reserve initiatives, including Wyoming, South Dakota, North Dakota, Pennsylvania, Montana, and Oklahoma. Despite the rising speculation regarding federal-level Bitcoin adoption, state initiatives have faced significant challenges. Polymarket data suggests a 0% probability that Donald Trump will introduce a national Bitcoin reserve within his first 100 days in office, which remains unchanged even after his executive orders reflecting such intentions. Nevertheless, optimism persists with a forecasted 59% probability that a U.S. Bitcoin reserve could emerge by 2025.

On the other hand, Arizona briefly led the charge for state engagement with Bitcoin before Governor Katie Hobbs vetoed House Bill 1025, citing the untested nature of digital assets. This bill would have allowed the state to convert seized assets into Bitcoin, demonstrating a proactive approach that was ultimately halted. Amid this retreat from cryptocurrency initiatives, North Carolina is stepping forward. Its House of Representatives recently passed the “Digital Assets Investment Act” (HB92), allowing the state treasurer to invest up to 5% of certain funds in evaluated digital assets.

This positions North Carolina as a potential leader in government-backed cryptocurrency investments, showcasing a distinctly different approach compared to other states.

Ethereum Set for Potential $2K Surge in May with ETF Inflows, DeFi Expansion, and Pectra Upgrade

Ethereum is heading into May with a notable upswing that cannot be overlooked. As of now, its trading price stands at $1,830.23, reflecting a 15.3% increase over the past two weeks.

Despite being capped under the $1,900 resistance level, there are strong bullish indicators lurking beneath the surface. While Ethereum’s ascent to the $2,000 mark appears relatively calm, significant movements and internal upgrades are subtly influencing the market, suggesting that a rally could follow as momentum builds.

Several bullish catalysts are contributing to this quiet but significant surge in Ethereum’s performance. Recent analyses indicate that Ethereum’s market price is trading at a discount compared to on-chain transaction volumes.

This divergence points to a potential misalignment between its Market Value and Realized Value, hinting that Ethereum may be fundamentally undervalued. Additionally, the count of active whale addresses (holding 1,000–10,000 ETH) saw a rise to 117, coinciding with a recent price dip to the $1,400 range, indicative of strategic accumulation by larger entities during market downturns.

The influx of institutional investment further supports this notion, with the Ethereum ETF market experiencing $6.5 million in net inflows, primarily from Fidelity’s FETH fund, signaling a bullish outlook from significant investors. Moreover, the structural shifts in the market are enhancing Ethereum’s potential.

The U.S. Securities and Exchange Commission (SEC) has approved VanEck’s Ethereum ETF, which not only provides exposure to Ethereum’s price movements but also offers annual staking rewards of up to 5%. This comes at a time when the Total Value Locked (TVL) in DeFi has surged from $114 billion to $121 billion in just a month, indicating rising interest from both institutional and retail investors.

As more individuals view Ethereum as a store of value or staking opportunity, these developments reinforce the likelihood of Ethereum reaching its $2,000 target in May.

Vitalik Buterin Reveals Ethereum’s 2025 Goals: What Do They Mean for the $1.9K Price Target?

Ethereum’s co-founder, Vitalik Buterin, recently shared his ambitious objectives for 2025, which included key focus areas such as Layer 1 scaling and enhancing privacy in blockchain technology. His priorities align closely with the newly established goals of the Ethereum Foundation, emphasizing decentralization and security.

Additionally, Buterin expressed interest in open-source technology, governance, and bio-defense strategies, highlighting the broad impact he envisions for Ethereum beyond just the cryptocurrency market. One significant upgrade on the horizon is the Ethereum Pectra, set to launch on May 7.

This upgrade aims to enhance staking and wallet functionalities, although it has experienced delays due to bugs. Following Pectra, the Fusaka upgrade is expected to address scalability issues, allowing Ethereum and Layer 2 applications to manage more data effectively.

Furthermore, there is a concerted effort to improve Layer 2 interoperability, targeting liquidity fragmentation within the Ethereum ecosystem. The upcoming upgrades are pivotal for maintaining Ethereum’s competitiveness in the Layer 1 landscape.

Speculation surrounding these updates appears optimistic, as indicated by a recent reading from the Ethereum Fear and Greed Index, which reflected a ‘Greed’ sentiment among traders. Regarding market performance, Ethereum’s price has shown bullish trends in recent weeks.

Since April 22, a ‘buy’ signal from the Super Trend indicator has propelled the altcoin’s price upward, with a 20% increase taking it from approximately $1,500 to $1,800. The next significant target for ETH is the $1,900 mark, and it is likely to be reached if the bullish momentum continues without the Super Trend signaling a shift.

Trump Whale Deposits 126,000 Tokens into Bybit Trading Platform

The memecoin TRUMP has experienced a significant decline, falling by 5.08% in the past day. This drop comes as five prominent investors, referred to as whales, have deposited a total of 126,000 TRUMP tokens into the Bybit exchange, raising concerns about the future price movement of the token.

Initially, excitement surged following President Trump’s announcement of a dinner for the top holders of Official Trump tokens, leading to a price spike that reached $16.43. However, recent shifts in market sentiment have resulted in a downward trajectory over the last six days.

The whales, who previously increased their holdings, now appear to be exiting the market. This trend raises alarms among recent buyers, suggesting a growing caution regarding the token’s future.

According to reports, these five whales deposited their tokens worth approximately $1.64 million into Bybit, with intentions to sell at around $9.71. Given their deposit price of $13.02, this would yield a profit of about $420,000 at the current market rate.

Generally, when large holders transfer their tokens to exchanges, it is seen as a bearish indicator. If they proceed with selling, it could create significant selling pressure, likely pushing the price downward if the market cannot absorb the sales.

Currently, analysis indicates that TRUMP is under considerable downward pressure, as sellers appear to have regained control in the market. A negative order delta suggests that more sell orders are being executed, reflecting strong bearish sentiment.

This trend has been corroborated by recent bearish crossovers in both the RSI and Stochastic indicators. If the trend continues and these whales opt for selling, TRUMP’s price may decline further, potentially finding support around $11.4.

A breach of this crucial level could lead to prices falling below $10, potentially approaching $9.2. The outlook could shift positively if these whales return to accumulation.

Coinbase Executive: U.S. Might Access $100B for Bitcoin Through Gold Revaluation Loophole

A new proposal that could alter the U.S. government’s approach to Bitcoin has emerged from the financial circles in Washington. Sebastian Bea, President of Coinbase Asset Management, suggests that a revaluation of U.S. gold reserves could potentially unlock nearly $100 billion in capital for Bitcoin acquisition.

During a recent interview on The Scoop podcast, Bea discussed the prospect of adjusting the outdated valuation of the U.S. gold reserve, which has been fixed at $42.22 per ounce since 1973. Currently, with gold prices exceeding $3,300 per ounce, this creates an almost $900 billion difference between the book value and the actual market value of U.S. gold holdings.

Bea argues that a simple legislative amendment could enable the Treasury to revalue its gold stocks and subsequently channel the unrealized gains toward Bitcoin. He believes this strategy would not only facilitate significant Bitcoin purchases but also adhere to budgetary constraints, as it would not increase the national debt.

Bea emphasized that, while unconventional, his idea is critical and warrants serious consideration. He stated, “Sometimes the ideas are so big that people either can’t hear them or don’t want to hear them.”

As Bitcoin approaches the $100,000 mark, geopolitical and market dynamics may also shift, particularly as central banks globally are already accumulating gold at unprecedented rates. This could set the stage for a competitive race for Bitcoin, reflecting its growing importance in the global financial system.

However, for Bitcoin’s future to take a positive turn, it must break through the crucial resistance level of $95,000 to $96,000. A decisive move above this barrier could catalyze further growth, significantly influencing the digital asset landscape.

Ripple President Discusses Growth Strategy but Remains Mum on IPO Despite Robust Financial Performance

Ripple, the San Francisco-based blockchain company, is prioritizing its growth strategy over plans for a public offering (IPO). In a recent interview with CNBC, President Monica Long stated that there are no immediate intentions to go public, attributing this decision to the company’s robust liquidity and a focus on strategic acquisitions to propel expansion. Currently, Ripple boasts billions in cash reserves, allowing it to operate without the need to access public markets. Long emphasized that the company is actively seeking growth opportunities through strategic investments, rather than looking for funding through an IPO.

This approach reflects a commitment to internal growth as the company navigates a market that often favors rapid public listings. Additionally, Long highlighted the significant role of XRP in Ripple’s ecosystem, noting its necessity for transaction fees and as a reserve asset within the XRP Ledger. Ripple’s stance on the IPO issue is not new. The company has previously dismissed speculation regarding going public.

In 2022, CEO Brad Garlinghouse hinted that an IPO could be considered post-resolution of its legal battles with the U.S. SEC. However, by the end of that year, Garlinghouse reiterated that going public was not on the agenda, reinforcing Ripple’s strategy grounded in strong liquidity and solid business performance. Looking ahead, Long stated that Ripple aims to expand its global footprint through strategic partnerships and acquisitions. The XRP token remains a significant player in the cross-border payments arena, gaining traction especially in markets like Japan.

The company envisions its role as a critical link between traditional finance and blockchain technology, facilitating the transition between fiat and digital assets while providing key services for institutions. Ripple appears confident in its growth path, believing that it does not need the validation of public markets to succeed.

Navigation