Recent news 📰🗞️
Fidelity Files for Spot Solana ETF on Cboe Exchange
https://www.coindesk.com/policy/2025/03/25/fidelity-files-for-spot-solana-etf-on-cboe-exchange
BlackRock expands blockchain-based money market to Solana, in tie-up with startup Securitize
https://fortune.com/crypto/2025/03/25/blackrocks-buidl-solana-tokenized-money-market-fund-eyes-2-billion-buidl/
Polymarket integrates Solana to cut costs and boost user experience
https://cryptoslate.com/polymarket-integrates-solana-to-cut-costs-and-boost-user-experience/
Hyperliquid delists JELLYJELLY memecoin amid whale manipulation fiasco
https://www.theblock.co/post/348314/hyperliquid-delists-jellyjelly-memecoin-amid-whale-manipulation-fiasco
More on Hyperliquid fiasco / CT Pulse
https://x.com/gauthamzzz/status/1904932663716438165
https://x.com/0xMerp/status/1904922840761327954
https://x.com/mrjasonchoi/status/1904927760004632706
https://x.com/loi_luu/status/1904920025024389304
https://x.com/threesigmaxyz/status/1904910637945270744
(Steller founder) One Man’s Crypto Windfall Is Funding a $1 Billion Space Station Dream
https://www.bloomberg.com/news/features/2025-03-20/crypto-windfall-is-funding-vast-s-space-station-ambitions
GameStop $GME is raising $1.3 billion to buy Bitcoin.
https://x.com/saylorbuysbtc/status/1904989673715360032?s=46
Nikita Bier joins Solana as an advisor (previous company sold to Meta/Facebook and Discord)
https://x.com/nikitabier/status/1904595240289284404
Fidelity To Launch Crypto Stablecoin In Digital Asset Push
https://watcher.guru/news/fidelity-to-launch-crypto-stablecoin-in-digital-asset-push
Fidelity Files for Spot Solana ETF on Cboe Exchange
https://www.coindesk.com/policy/2025/03/25/fidelity-files-for-spot-solana-etf-on-cboe-exchange
BlackRock expands blockchain-based money market to Solana, in tie-up with startup Securitize
https://fortune.com/crypto/2025/03/25/blackrocks-buidl-solana-tokenized-money-market-fund-eyes-2-billion-buidl/
Polymarket integrates Solana to cut costs and boost user experience
https://cryptoslate.com/polymarket-integrates-solana-to-cut-costs-and-boost-user-experience/
Hyperliquid delists JELLYJELLY memecoin amid whale manipulation fiasco
https://www.theblock.co/post/348314/hyperliquid-delists-jellyjelly-memecoin-amid-whale-manipulation-fiasco
More on Hyperliquid fiasco / CT Pulse
https://x.com/gauthamzzz/status/1904932663716438165
https://x.com/0xMerp/status/1904922840761327954
https://x.com/mrjasonchoi/status/1904927760004632706
https://x.com/loi_luu/status/1904920025024389304
https://x.com/threesigmaxyz/status/1904910637945270744
(Steller founder) One Man’s Crypto Windfall Is Funding a $1 Billion Space Station Dream
https://www.bloomberg.com/news/features/2025-03-20/crypto-windfall-is-funding-vast-s-space-station-ambitions
GameStop $GME is raising $1.3 billion to buy Bitcoin.
https://x.com/saylorbuysbtc/status/1904989673715360032?s=46
Nikita Bier joins Solana as an advisor (previous company sold to Meta/Facebook and Discord)
https://x.com/nikitabier/status/1904595240289284404
Fidelity To Launch Crypto Stablecoin In Digital Asset Push
https://watcher.guru/news/fidelity-to-launch-crypto-stablecoin-in-digital-asset-push
Coindesk
Fidelity Files for Spot Solana ETF on Cboe Exchange
Cboe Exchange, which the ETF would be listed on, submitted a 19b-4 filing with the Securities and Exchange Commission on Tuesday.
Stablecoin Giant Circle Files for IPO After $1.7B Stablecoin Reserve Windfall
https://www.coindesk.com/business/2025/04/01/stablecoin-giant-circle-files-for-ipo
https://www.coindesk.com/business/2025/04/01/stablecoin-giant-circle-files-for-ipo
Coindesk
Stablecoin Giant Circle Files for IPO After $1.7B Stablecoin Reserve Windfall
If approved, the stock of the company will be trading on the New York Stock Exchange under the symbol "CRCL."
Jupiter acquired Drip Hous
https://x.com/JupiterExchange/status/1907462575421280392?t=cHEnan5-mN3KWuuAOOHYPw&s=19
https://x.com/JupiterExchange/status/1907462575421280392?t=cHEnan5-mN3KWuuAOOHYPw&s=19
A new MicroStrategy-style company is emerging—this time focused on Solana, not Ethereum.
Janover, founded by former Kraken veterans, has raised $42 million and is positioning itself as a Solana-native institutional investment vehicle. This builds on the momentum of firms like Sol Strategies.
More details in CNBC’s coverage:
https://www.cnbc.com/2025/04/07/crypto-veterans-want-to-make-janover-the-microstrategy-of-solana.html
Janover, founded by former Kraken veterans, has raised $42 million and is positioning itself as a Solana-native institutional investment vehicle. This builds on the momentum of firms like Sol Strategies.
More details in CNBC’s coverage:
https://www.cnbc.com/2025/04/07/crypto-veterans-want-to-make-janover-the-microstrategy-of-solana.html
CNBC
Crypto veterans seek to make publicly traded Janover the MicroStrategy of Solana
A small publicly traded software company is looking to become a key backer of Solana.
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Marathon Digital Holdings ($MARA) looks interesting here
- Stock Price: $10.40
- Market Cap: $3.70B
- Bitcoin Holdings: ~$3.65B
- NAV Premium: ~0.99x
Nearly a 1:1 ratio of BTC to market cap. That means for every $1 you invest, you're getting $1 in BTC + the mining company for free.
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Comparison with MicroStrategy ($MSTR):
- MSTR NAV Premium: 1.78x
- BTC per $1 invested: $0.65
- MARA BTC per $1 invested: $1.03
---
MSTR is still the GOAT — no doubt.
But MARA? Starting to look real attractive.
NFA + DYOR
I don’t hold either — but if I dabbled in stocks… might start now.
- Stock Price: $10.40
- Market Cap: $3.70B
- Bitcoin Holdings: ~$3.65B
- NAV Premium: ~0.99x
Nearly a 1:1 ratio of BTC to market cap. That means for every $1 you invest, you're getting $1 in BTC + the mining company for free.
---
Comparison with MicroStrategy ($MSTR):
- MSTR NAV Premium: 1.78x
- BTC per $1 invested: $0.65
- MARA BTC per $1 invested: $1.03
---
MSTR is still the GOAT — no doubt.
But MARA? Starting to look real attractive.
NFA + DYOR
I don’t hold either — but if I dabbled in stocks… might start now.
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Jupiter ASR Rewards Now Claimable
Remember those Jupiter voting posts I kept sharing? This is why.
Rewards are now claimable: vote.jup.ag/asr
Jupiter offers one of the best incentives for staking and voting. I received around 10% of my stack as rewards/airdrop. It’s smart to keep some liquidity, but it’s also worth locking up your long-term holdings and participating in the vote (note: 30-day unstaking period applies).
Remember those Jupiter voting posts I kept sharing? This is why.
Rewards are now claimable: vote.jup.ag/asr
Jupiter offers one of the best incentives for staking and voting. I received around 10% of my stack as rewards/airdrop. It’s smart to keep some liquidity, but it’s also worth locking up your long-term holdings and participating in the vote (note: 30-day unstaking period applies).
Jupiter
Vote on Jupiter DAO
Governance for Jupiter DAO, which actively pushes the global Jupiverse community forward.
Magic Eden Acquires Slingshot
Another Ethereum-based project is now supporting Solana. Slingshot's mobile wallet on Ethereum was already well-regarded, and this move signals further cross-chain collaboration.
The competition in the Solana mobile wallet space is heating up, which is great news for users. We now have Phantom, Solflare, Backpack, Jupiter, and with this acquisition, Slingshot joins the ecosystem as well.
More info: https://x.com/SlingshotCrypto/status/1910031400818094162
Another Ethereum-based project is now supporting Solana. Slingshot's mobile wallet on Ethereum was already well-regarded, and this move signals further cross-chain collaboration.
The competition in the Solana mobile wallet space is heating up, which is great news for users. We now have Phantom, Solflare, Backpack, Jupiter, and with this acquisition, Slingshot joins the ecosystem as well.
More info: https://x.com/SlingshotCrypto/status/1910031400818094162
Cross chain swaps supported now on Phantom via Debridge
I normally use Debridge when bridging, great UI/UX.
https://x.com/phantom/status/1911812161640571028?t=x75Uz24OdIsW9Pw7_t8yZw&s=19
I normally use Debridge when bridging, great UI/UX.
https://x.com/phantom/status/1911812161640571028?t=x75Uz24OdIsW9Pw7_t8yZw&s=19
Data on Solana's DePIN sector
https://x.com/Syndica_io/status/1912604561027846257?t=u2K97PvQDN_1NzqImgvLVA&s=19
https://x.com/Syndica_io/status/1912604561027846257?t=u2K97PvQDN_1NzqImgvLVA&s=19
Solana does 70% of app revenue in all of crypto
https://x.com/solana/status/1912940389348360286?t=ooJzjEOIpToj_Ja4pdhl_g&s=19
https://x.com/solana/status/1912940389348360286?t=ooJzjEOIpToj_Ja4pdhl_g&s=19
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Solana generated more revenue in Q1 2025 than all other L1 & L2 chains combined
https://x.com/SolanaFloor/status/1912958107485122628?t=LBPhVbcuM7YVLCzKAcbSNQ&s=19
https://x.com/SolanaFloor/status/1912958107485122628?t=LBPhVbcuM7YVLCzKAcbSNQ&s=19
Another day, another flip.
Solana has officially flipped Ethereum in staked market cap — or “economic security.”
It’s also offering a higher APY and higher staking ratio.
Cue the “but there’s no slashing” crowd.
Source: https://x.com/hmalviya9/status/1913930004095807595?t=THCYrx5_302By0LKYLL2Bg&s=19
Solana has officially flipped Ethereum in staked market cap — or “economic security.”
It’s also offering a higher APY and higher staking ratio.
Cue the “but there’s no slashing” crowd.
Source: https://x.com/hmalviya9/status/1913930004095807595?t=THCYrx5_302By0LKYLL2Bg&s=19
Public Companies Are Embracing Solana
It started with Neptune Digital, followed by Sol Strategies, then Janover — and now Upexi Inc.
GSR is leading a $100 million private placement into Nasdaq-listed Upexi Inc. to support a Solana-based treasury strategy.
Source: https://x.com/gsr_io/status/1914311904203354375
It started with Neptune Digital, followed by Sol Strategies, then Janover — and now Upexi Inc.
GSR is leading a $100 million private placement into Nasdaq-listed Upexi Inc. to support a Solana-based treasury strategy.
Source: https://x.com/gsr_io/status/1914311904203354375
Big disappointment from $ZORA
https://x.com/basedkarbon/status/1914304400337654156?t=N1WJ5HYWtMDE7Yb5g9VDQQ&s=19
https://x.com/basedkarbon/status/1914304400337654156?t=N1WJ5HYWtMDE7Yb5g9VDQQ&s=19