After a brutal Q1, Solana just bounced back hard — up 20%+ this week and reclaiming the $130 level. 📈 But what really turned heads? $SOL outperforming $ETH, breaking past key resistance on the SOL/ETH chart. 👀
Even crazier — Solana’s lifetime DeFi fees just surpassed Ethereum.
🔹 $2.56B SOL
🔹 $2.27B ETH
Yes, you read that right.
🔁 But let’s not forget where we came from.
Q1 was rough:
– SOL dropped 30%
– Lost its $100B cap
– Whale selloffs, tokens unstaked
– Structural weakness across the board
Fast forward to now:
✅ TVL hits $8.54B
✅ Long-term holders (HODLers) are stacking
✅ Accumulation streak: longest in 6+ months
But here’s the catch — retail is still quiet. 💤 New wallets are at a 6-month low.
So what’s next? This feels like a structural reaccumulation phase — smart money is positioning, but the big move likely waits for retail to wake up.
Patience is being tested. But history shows — when conviction builds, momentum usually follows. Are you ready if SOL breaks out? ⚡️
Panama City Council has voted to become the first government institution to accept crypto payments, allowing citizens to pay taxes, fees, tickets, and permits using BTC, ETH, USDC, and USDT, according to Mayer Mizrachi. While public institutions must legally receive funds in USD, the city will partner with a bank to handle the crypto conversion, avoiding the need for new legislation.
⚠️ Urgent: U.S. Tariffs on Chinese Goods Reach 245%!
Donald Trump has imposed a 245% tariff on Chinese imports, escalating tensions and the ongoing trade war between the United States and China.
🔻This decision comes in response to China’s recent export restrictions and retaliatory tariffs.
The White House stated that China is under pressure for limiting the export of critical raw materials like gallium, germanium, and antimony, which are essential for the defense, aerospace, and semiconductor industries.
#CanadaSOLETFLaunch #MetaplanetBTCPurchase #WCTonBinance #USElectronicsTariffs #SaylorBTCPurchase
#CongressTradingBan Last March, when Rob Bresnahan, Jr., a wealthy Republican business executive, was running to represent a competitive House district in northeastern Pennsylvania, he published a letter to the editor in a local newspaper demanding an end to stock trading by members of Congress.
“The trust our political leaders and institutions have from Americans is at a historic low and it’s easy to understand why,” Mr. Bresnahan wrote in the Wilkes-Barre Citizens’ Voice. “Too often we hear about how politicians are making millions of dollars during their time in office, and it is sickening. If we want to restore trust in government and our political leaders, then Congress needs to lead with these policies.”
#CanadaSOLETFLaunch **Canada's Solana ETF Launch: Key Details and Implications**
Canada is set to make history with the launch of the world's first **spot Solana (SOL) ETFs** on April 16, 2025, marking a significant milestone in crypto adoption. Here's a comprehensive breakdown of the event and its potential impact:
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### **1. Launch Overview**
- **Date & Platform**: The ETFs will debut on the **Toronto Stock Exchange (TSX)** on April 16, 2025, managed by major asset managers **Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ** .
- **Regulatory Approval**: The Ontario Securities Commission (OSC) approved the ETFs, emphasizing Canada’s progressive stance on crypto regulation compared to the U.S., where similar products remain stalled under SEC review .
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### **2. Unique Features**
- **Staking Integration**: These ETFs include **staking rewards**, allowing investors to earn yields of **6–8% annually** without managing private keys or validators. TD Bank Group will facilitate staking services, enhancing accessibility for institutional and retail investors .
- **Direct Exposure**: Unlike U.S. futures-based ETFs (e.g., SOLZ and SOLT), these spot ETFs hold actual SOL tokens, providing direct price exposure .
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### **3. Market Context and Comparisons**
- **Canada’s Crypto Leadership**: Canada pioneered spot Bitcoin and Ethereum ETFs in 2021, and the Solana ETF further cements its role as a crypto innovator .
- **U.S. Lag**: U.S. issuers like Grayscale and Fidelity remain in regulatory limbo, with only low-volume futures ETFs available (e.g., SOLZ at $5M AUM) .
TRUMP Token Unlock in 48 Hours — Dev Wallet Moves Raise Eyebrows
Only 2 days left until the massive unlock of 40 million $TRUMP tokens on April 18, which represents 20% of circulating supply and 4% of the total supply — and the market is already showing signs of potential turbulence.
Just 16 hours ago, the TRUMP Dev wallet quietly removed 366,000 #TRUMP and 4.6M USDC in liquidity from Meteora, possibly in preparation for what’s coming.
📊 Current Dev Wallet Holdings:
15.386M TRUMP (~$123.4M)
200M USDC liquidity still on Meteora
Wallet address: 5e2qRc1DNEXmyxP8qwPwJhRWjef7usLyi7v5xjqLr5G7
⚠️ If the full unlock flows into the open market, it could cause major price swings — traders and holders, stay alert.