Top News

1. Federal Reserve withdraws 2022 guidance on crypto-related banking activities

2. US SEC delays decision on Grayscale's spot DOT ETF application

3. Raydium hints at potential airdrop in recent post

4. Binance launches Alpha Point rating system to determine wallet TGE and Alpha airdrop eligibility

5. Inco completes $5 million strategic financing round led by a16z crypto CSX

Articles & Threads

1. "Publicly traded company initiates $500 million ‘buy-buy-buy’ mode, SOL emerges as the next BTC for MicroStrategists"

Canadian publicly traded company SOL Strategies Inc. announced on April 23, 2025, that it had signed an independent agreement with ATW Partners to establish a $500 million convertible note financing mechanism dedicated to purchasing SOL tokens. These tokens will be staked through nodes operated directly by SOL Strategies, with the generated rewards shared between both parties.

2. "PVP Trench Fever Revived, Can PumpSwap Reactivate the Solana Ecosystem?"

The Pumpfun ecosystem remains active even in a bear market, with the PumpSwap launch driving trading volumes to 3-5 billion USD per day, leading to significant fee revenue. Despite a decrease in users, veteran players in the trenches remain active, with new coin hype surpassing old coins. Memecoins continue to be the most attractive speculative tool in the Solana ecosystem, with low barriers to entry and high volatility, consistently attracting new liquidity.

Market Data

Daily market overall funding heat (as reflected by funding rates) and token unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia