Solana stole the spotlight into the close as institutional-sized bids poured in and a handful of corporate treasuries leaned into the ecosystem. Galaxy Digital reportedly snapped up more than 1.5 billion dollars of Solana (SOL) over the past five days, routing much of the flow through Coinbase and Binance and moving tokens into Fireblocks custody. Forward Industries followed with a 1.65 billion dollar Solana strategy, acquiring nearly 7 million SOL for staking and positioning itself as the largest publicly traded Solana treasury. Helius Medical Technologies said it is raising over 500 million dollars to build a Solana-focused reserve, sending its stock up more than 200 percent as it eyes staking and lending. Even the memecoin rails caught a bid, with the PUMP token (PUMP) tied to Solana’s Pump.fun launchpad hitting an all-time high as creator activity swelled and fees piled up. The net effect: Solana continues to attract big checks, new balance sheet buyers, and speculative energy all at once. Ethereum (ETH) delivered a different kind of signal. Whales withdrew more than 3 million ETH from exchanges, typically a vote of longer-term confidence, even as price slipped around 3 percent and drifted sideways. Builders kept the momentum, with the Ethereum Foundation forming a new dAI team led by Davide Crapis to make Ethereum a base layer for AI, standardize protocols through ERC-8004, and push toward an AI-driven software economy. Treasury narratives tilted ETH’s way too. Standard Chartered argued that Ethereum-focused treasuries could outpace Bitcoin and Solana peers thanks to staking yields and operational efficiency, and BitMine Immersion Technologies disclosed a 10.8 billion dollar Ethereum stack, now the largest ETH treasury with more than 2.15 million coins. On the retail rail side, PayPal rolled out a Links feature that lets U.S. users send Bitcoin (BTC), Ethereum (ETH), PayPal USD, and other digital assets P2P inside the app, while MetaMask introduced mUSD (MUSD) with Transak support for U.S. and EU onramps, positioning mUSD as its default stablecoin with rewards on Etherex. Bitcoin (BTC) had its own headline as Michael Saylor’s firm added another 525 coins, lifting its holdings to 638,985 BTC valued at roughly 73.5 billion dollars. Macro nerves still shadowed the tape, with traders bracing for the Federal Reserve’s next rate decision and sticking to a wait-and-see stance across majors. Elsewhere in layer-1 land, Polkadot (DOT) capped total supply at 2.1 billion tokens, a structural shift from unlimited issuance that nonetheless saw DOT slip nearly 5 percent as traders weighed issuance clarity against near-term liquidity and the macro calendar. Regulatory and market-structure storylines were just as busy. In the UK, crypto industry groups pushed back on the Bank of England’s proposed caps on stablecoin holdings, warning that strict limits could throttle innovation and put London behind peers. France, Italy, and Austria pressed Brussels for stricter MiCA enforcement and even threatened to block firms passported from other EU states if rules are not tight enough, a move that could fracture the bloc’s harmonized regime. Across the pond, SEC Chair Paul Atkins signaled a pivot to a more transparent, notice-based approach to crypto rulemaking, and Gemini settled its case with the SEC over the unregistered Earn lending program, a step toward legal clarity after a long-running standoff. The London Stock Exchange, meanwhile, completed its first transaction on a Microsoft-backed blockchain platform for private funds, a notable milestone for traditional finance bringing private market rails on-chain. In Australia, OKX launched a regulated platform tailored to self-managed super funds, chasing a slice of the 4.3 trillion Australian dollar retirement market that is showing steady demand for digital assets. And in a notable outreach to global firms, Pakistan invited international crypto companies licensed by reputable regulators to apply under PVARA, targeting Sharia-compliant services for what it says is a 300 billion dollar market with roughly 40 million users. Token launches and capital markets added another catalyst. The first U.S. ETFs tied to XRP (XRP) and Dogecoin (DOGE) are set to debut this week, starting with the REX-Osprey XRPR ETF, potentially drawing new institutional flows and a layer of oversight to two of crypto’s most retail-driven assets. Ripple leaned into impact with a 25 million dollar donation in RLUSD (RLUSD) to support small-business lending and veteran employment. Nemo Protocol moved to make victims whole after a 2.6 million dollar exploit by issuing NEOM (NEOM) debt tokens pegged 1 to 1 to the dollar, part of a staged recovery and redemption plan. And Coinbase-backed Base is exploring the idea of a native token, a notable strategic turn for an ecosystem that until now has avoided launching one. As the day winds down, the tape feels split between hard capital committing to Solana, an Ethereum ecosystem flexing both treasury appeal and AI ambitions, and a regulatory map that is gradually, if unevenly, snapping into focus. Near term, traders will watch the Fed decision, UK stablecoin rules, EU licensing brinkmanship, and the first wave of XRP and Dogecoin ETF flows. Under the surface, the questions are simple: do the Solana inflows persist, does Ethereum’s consolidation set up a stronger base, and will clearer rulebooks finally unlock the next leg of real-world adoption.
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📈💰The Federal Reserve announced today that it will maintain its current interest rates, citing a strong job market and moderate economic growth. This decision comes as no surprise to those in the crypto community, as many have been anticipating this outcome for weeks. However, this news may have some investors feeling slightly disappointed, as they were hoping for a rate cut to boost the market.💸💻Crypto tickers such as BTC, ETH, and XRP have been trending upwards in recent weeks, with many investors hoping for a continued bull run. However, with the Fed's decision to keep interest rates steady, some may be wondering if this will have a negative impact on the market. While it's impossible to predict the exact effect on crypto prices, it's important to remember that the Fed's decision is based on a variety of factors and not solely on the crypto market.📉🌎The Fed's decision also has implications for the stock market, with many investors closely watching the anno...
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