Solana (SOL) news
TRM: only 0.6–7.5% of x402 payments come from AI agents
Why it matters: Real demand for AI-agent crypto payments remains minimal, cooling hype around the narrative.
Bitcoin holds near $77,000 ahead of FOMC decision
Why it matters: A break above $80,000 or a loss of $76,000 will determine the market's short-term direction after the FOMC.
67% of managers allocate no crypto, 60% plan to within a year
Why it matters: The growing share of client accounts with crypto and managers' plans point to a gradual expansion of institutional access, though the samples are not representative.
Bitwise: 67% of asset managers hold no crypto in portfolios
Why it matters: It points to potential institutional capital inflows into crypto if managers' stated plans materialize.
$118.59M in leveraged positions liquidated in 24 hours, 79% longs
Why it matters: The dominance of long liquidations points to pressure on buyers amid sideways BTC movement and declining altcoins.
Solana app revenue tops Base by 16.9x in a single day
Why it matters: The metric reflects app activity but not overall network competitiveness and depends heavily on memecoin platforms.
Solana generates 16.9x more app revenue than Base
Why it matters: Rising app revenue points to higher network utilization, supporting demand for SOL and the case for monolithic L1s.
Solana Mobile disables marketing email after Brevo breach
Why it matters: The phishing emails went through legitimate infrastructure and passed checks, increasing the risk of seed phrase theft for Solana users.
DeFi Development launches sale of 30 million shares to buy Solana
DeFi Development Corp. launched an ATM program to sell up to 30 million CHAD shares. Proceeds will be used to buy Solana (SOL) and bolster its treasury.
Opera co-founder calls for cryptocurrency ban
Why it matters: The statement carries no regulatory force, but reflects growing criticism of crypto from the IT industry.