● Bloomberg estimates the probability of Solana ETF approval in 2025 to be 90%
According to Cointelegraph, Bloomberg Intelligence has raised the probability of Solana ETF approval in 2025 to 90%. The approval probabilities for other altcoin ETFs, such as XRP and Dogecoin, have also increased.
As of April 30, six asset management companies, including Grayscale, VanEck, and 21Shares, are waiting for approval from the U.S. Securities and Exchange Commission (SEC) for a Solana ETF. ETFs for XRP and DOGE are also awaiting approval.
Since taking office in January, U.S. President Donald Trump has been working to ease the SEC's regulatory stance on cryptocurrencies. The Chicago Mercantile Exchange has listed Solana futures contracts, indicating that the approval for a Solana ETF may be imminent.
According to Deep Tide TechFlow, on April 30, the initial value of the annualized quarterly GDP growth rate for the U.S. in the first quarter recorded -0.3%, the lowest since the second quarter of 2022.
● U.S. ADP employment increased by 62,000 in April, the smallest increase since July 2024
According to Wu Shuo, U.S. ADP employment in April increased by 62,000, the smallest increase since July 2024, significantly lower than expected, which was 115,000, and the previous value was 155,000.
● Galaxy plans to go public on Nasdaq on May 16, awaiting shareholder approval
According to Foresight News, Galaxy's CEO Mike Novogratz announced on platform X that Galaxy plans to go public on Nasdaq on May 16. The company is awaiting shareholder approval on May 9. This listing will enable Galaxy to better serve investors in the digital asset and artificial intelligence ecosystem and open the next phase of growth.
● BlackRock executive: Bitcoin may evolve into a low-beta investment tool
According to Deep Tide TechFlow, on April 30, BlackRock's head of digital assets, Robert Mitchinik, stated at the Token2049 conference in Dubai that Bitcoin may gradually evolve into a low-beta investment tool. Recently, Bitcoin has decoupled from the U.S. stock market and remained relatively stable amid U.S.-China trade tensions, reinforcing its status as a safe-haven asset.
● Grayscale launches Bitcoin adopters ETF, code BCOR
According to BlockBeats, Grayscale announced on April 30 the launch of the Bitcoin adopters ETF, code BCOR. This ETF provides investment exposure for companies that hold Bitcoin as a treasury reserve asset.
● Ripple's bid of $4 billion to $5 billion to acquire Circle rejected
According to Odaily Planet Daily, Ripple's bid of $4 billion to $5 billion to acquire stablecoin issuer Circle was rejected due to the low offer. Ripple has not yet decided whether to make another acquisition proposal.
Messari released the (BNB Chain Q1 2025 ecosystem report). The report shows that BNB Chain network revenue reached $70.8 million for the quarter (a quarterly increase of 58.1%), with a daily transaction volume of 4.9 million (a quarterly increase of 20.9%) and 1.2 million daily active addresses (a quarterly increase of 26.4%). Gas fees for wallet-to-wallet transfers increased by 122.6%. In the DeFi sector, the TVL denominated in BNB increased by 14.7% (quarterly increase), and re-staking protocols have begun to revive on the BNB Chain. In terms of security, BNB Chain launched the 'BNB Good Will Alliance', reducing sandwich attacks by over 90%. On the technical side, BNB Chain launched the Pascal hard fork, introducing EIP-7702 smart contract wallets, BLS12-381 cryptography, gas abstraction, and batch transaction support. In terms of the developer ecosystem, BNB Chain launched a $100 million liquidity incentive program, extended 0 Gas activities, and held online hackathons, MVB accelerators, Demo Days, and other support programs.
