BonkHoneyHNTMobileSOL priceSOL

Respect the $PUMP Price action for SOL and Solana app tokens from the past month

Price action since the start of the year: SOL is up ~24% YTD and outperformed all app tokens in the ecosystem. Platform thesis strong.

RT @tokenterminal: Contrary to popular belief, it's possible to root for both @ethereum and @solana at the same time. Internet-native econ…

🚀 Crypto Daily Power Update: Key Market Shifts, Major Funding & Bitcoin Milestones 🚀 Today’s crypto landscape is buzzing with game-changing investments, record-breaking mining stats, and strategic blockchain pivots. Here’s a professional, high-impact breakdown of the most important developments you need to know. --- 💡 Flora Growth Rebrands to ZeroStack with $401M Blockchain Treasury Big Pivot to Web3: Nasdaq-listed Flora Growth (FLGC) is transitioning from cannabis to decentralized AI infrastructure, unveiling a $401 million treasury initiative to back its new blockchain project, Zero Gravity (0G). Funding Details: The deal includes $35M in cash and $366M in digital assets—mostly 0G tokens—to power AI-driven blockchain solutions. Strategic Backers: Key investors include DeFi Development Corp. (DFDV), Hexstone Capital, and Carlsberg SE Asia, signaling institutional confidence in the project. Crypto Integration: A portion of the treasury will be held in Solana (SOL), further strengthening ties with the Solana ecosystem. Market Impact: Flora’s shares jumped 5% on Friday, reflecting market enthusiasm for the rebrand to ZeroStack while retaining its Nasdaq ticker FLGC. --- 🏦 YZi Labs Expands Stake in Ethena to Boost Digital Dollar Adoption Changpeng Zhao’s Big Move: Binance founder-backed YZi Labs has increased its investment in Ethena, issuer of the USDe stablecoin, aiming to accelerate digital dollar expansion. Stablecoin Innovation: Ethena will use the funding to scale USDe across BNB Chain, while developing USDtb, a yield-bearing stablecoin backed by short-duration U.S. treasuries like BlackRock’s BUIDL. Converge Network: The project’s EVM-compatible settlement layer, Converge, is designed to tokenize real-world assets, bridging traditional finance and DeFi. Strategic Vision: Ethena CEO Guy Young calls it the “holy grail of digital dollar distribution,” embedding yield-bearing assets directly into the crypto economy. --- ⚡ Bitcoin Mining Difficulty & Hashrate Hit Record Highs New Difficulty Peak: Bitcoin’s mining difficulty soared to an all-time high of 142.3 trillion, reflecting a growing demand for computational power and network security. Hashrate Milestone: The network’s hashrate also surged to over 1.1 trillion hashes per second, underscoring miners’ relentless competition. Centralization Concerns: The escalating cost and energy requirements are pushing smaller miners out, raising questions about the future decentralization of Bitcoin mining. --- 📊 Market Snapshot Coin Price 24h Change BTC $115,554 🔼 +0.18% ETH $4,493 🔼 +0.33% XRP $2.98 🔼 +0.23% BNB $1,051.76 🔼 +2.78% SOL $237.78 🔼 +0.27% DOGE $0.2637 🔼 +0.91% ADA $0.8879 🔼 +0.36% --- 🔑 Key Takeaways for Investors 🌐 AI + Blockchain Synergy: Flora Growth’s ZeroStack pivot highlights rising investor appetite for decentralized AI infrastructure. 💵 Stablecoin Evolution: YZi Labs’ bet on Ethena USDe & USDtb signals growing institutional interest in yield-bearing stablecoins. 🪙 Bitcoin Security & Scarcity: Record difficulty strengthens Bitcoin’s long-term value proposition, but may reshape mining economics. $BTC $ETH --- 💡 Investor Insight: These developments reinforce crypto’s multi-sector momentum, from AI-backed blockchain projects to next-gen stablecoins and Bitcoin’s relentless growth. Positioning early in these trends could unlock significant strategic advantages in the coming market cycles.