Bitcoin Holds $63K as AI Stocks Rebound Leaves Crypto Behind
The chip-led bounce that hammered crypto last week is back — but the beta that drove the selloff hasn't flipped positive yet, leaving majors still deep in the red on the week.
Solana is a high-performance Layer 1 blockchain built to support decentralized applications at scale. Rather than relying on sharding or layered architectures, it maintains a single unified ledger, an approach intended to avoid liquidity fragmentation while still processing thousands of transactions per second with sub-second finality and minimal fees. The network combines Proof of Stake with a mechanism called Proof of History, which provides a cryptographic clock for timestamping transactions and reduces the coordination overhead between validators. This design enables parallel execution of smart contracts across multiple CPU cores, along with protocols such as Gulf Stream that forward transactions ahead of block finalization to shorten confirmation times. Founded in 2017 by Anatoly Yakovenko, the project is supported by the Switzerland-based Solana Foundation and has drawn backing from major venture firms including Andreessen Horowitz, Polychain Capital, Multicoin Capital, and Alameda Research. The native token, SOL, is used to pay transaction fees, participate in on-chain governance, and secure the network through staking. Beyond its core infrastructure role, SOL sits within a broader ecosystem of decentralized finance, consumer applications, and institutional integrations spanning payments and tokenized assets.
The chip-led bounce that hammered crypto last week is back — but the beta that drove the selloff hasn't flipped positive yet, leaving majors still deep in the red on the week.
The new bounty product's first major controversy — a misspelled-ticker forehead tattoo that minted a $600K Solana token — is reopening questions about who actually captures upside when memecoin…
Tron's $32.8B lead in May nearly doubles Ethereum's $19.5B and Solana's $18.1B, a gap driven by stablecoin transfer volume rather than speculative trading demand.
Spot crypto ETFs posted a broadly negative week, with Bitcoin, Ethereum, and Solana all recording net outflows while…
The framework of venues, custodians, market makers and rules that move trillions in digital assets is being rewritten in Washington — and the CLARITY Act is the most concrete piece of that rewrite on…
Bridges, flash-loans and key compromises have been engineered out. The remaining risk is bespoke protocol logic — and a single flaw now lands on Ethereum, Base, Arbitrum, Polygon, OP Mainnet and…
Five storylines from the week that matter for DeFi: Hyperliquid's perp volume peaks, Radiant Capital plans a wind-down, Polymarket alleges Kalshi espionage, Kelp DAO's bridge loses funds, and the…
1.3M $SOL (≈84.1M) moved from unknown wallet to Coinbase Institutional.
The round-number defense was clean — but a strong jobs report reset Fed pricing toward hikes, and the $1.6B in liquidations is still fresh tape.
Across the digital asset treasury universe, only HYPE-focused vehicles are still sitting on meaningful unrealized gains — Strategy, Bitmine and Metaplanet alone carry more than $25B in combined paper…
The transfer reads large on paper, but the company's prior Coinbase Prime moves were custody and staking rebalances — not sales — leaving its 7M-SOL treasury balance intact.
The end of the longest ETH ETF outflow run since launch arrives the same day Bitcoin ETFs also break a 13-day drought — a synchronized turn that rarely shows up by coincidence.
Forward Industries had been dormant for a month before the deposit — and the sale lands on top of an unrealized loss that has already crossed $1.13B since the September 2025 launch.
Over $500 million was liquidated from the cryptocurrency market in the span of a single hour, a cascade that swept…
The trigger was a Broadcom chip miss, but the real story is the structural bid leaving the market: 13 straight sessions of spot BTC ETF outflows and Strategy's first disclosed sale since 2022.
Spinning out of GMX's Solana branch was the easy part — running nearly 90 perpetuals markets on pooled liquidity, with Chainlink oracles and an RWA pipeline, is the actual bet.
Strategy alone absorbed $11B of the wipeout, with Bitmine and SharpLink's $ETH treasuries adding another $11B — the first stress test for the corporate-treasury trade.
A $232.08 average buy-in against a $67 mark turns a 6.83M $SOL position into a $458.6M paper bag — and the deposit suggests Forward is preparing to sell into a market that has already done the…
The 1D outflows aren't the real story — a seven-day stretch that has stripped $2.05B across the three products is the kind of withdrawal cadence that resets positioning for the next leg.
Nearly $2.7B left spot BTC and ETH ETFs over two weeks while XRP, Solana and HYPE funds absorbed the bid — the signal is rotation, not retreat.
Solana is a high-performance Layer 1 blockchain designed for mass adoption by providing a fast, secure, and low-cost environment for decentralized applications.
Solana (SOL) is categorised as: Smart Contract Platform, Solana Ecosystem, Layer 1 (L1).
The official Solana site is https://solana.com/.
Most recent Solana coverage: "Bitcoin Holds $63K as AI Stocks Rebound Leaves Crypto Behind" — read at /en-US/a/bitcoin-holds-63k-as-ai-stocks-rebound-but-crypto-lags.