Canary has filed an amended application for its Solana ETF, now named the “Canary Marinade Solana ETF.” This move signals growing interest in Solana-based investment products as demand for crypto ETFs continues to rise. While still awaiting regulatory approval, the rebranded ETF aims to offer investors exposure to Solana’s ecosystem. If approved, it could mark another step toward broader mainstream adoption of crypto assets through traditional financial instruments. Stay tuned for further updates.
Balkan Startup Village is turning the Split Technology Park into a full-blown playground for founders, builders, and Web3 misfits who are actually here to get things done. Less talk, more coworking. Less hype, more pitch decks.
You’ll find everything from hands-on workshops and panels (think DePIN, AI, infra, gaming, Web3 marketing: you know, the stuff we all keep saying we need to “double down on”) to casual fireside chats, a solid Demo Day, and yes – a couple of airsoft battles and city tours to balance it out.
No ticket fees. No velvet ropes. Just open space to build, learn, and meet people who are actually building cool stuff, like the folks from Solana ID, Metaplex, Solflare, dReader, Ceres, Kamino Finance, Limechain and a bunch more.
Come early to claim your coworking corner, drop into a few panels, or stick around for Demo Day and catch some of the region’s sharpest startups pitching live. There’s even a podcast zone, career speed dating (still cooking), and a founder’s dinner if you’re lucky enough to score an invite.
They’re tagging along as a media partner, so expect interviews, daily recaps, and behind-the-scenes coverage straight from Split. But honestly, you kind of have to be there.
Three Bittensor subnet tokens — Chutes, Proprietary Trading Network, and Targon — are among the top projects to watch this week.
Chutes remains the largest subnet token by market cap despite recent price pressure, while Proprietary Trading Network is gaining attention through the DeFAI narrative. Targon, meanwhile, is trading at deeply oversold levels and could be setting up for a potential rebound. Here’s a closer look at each of these Bittensor-based tokens heading into the first week of May.
Chutes
Chutes is a serverless AI compute platform built by Rayon Labs. It is designed to deploy, run, and scale any artificial intelligence model within seconds.
Users can interact directly with the Chutes platform or integrate it easily through a simple API, offering fast and flexible AI infrastructure without the complexity of traditional server management.
Chutes is currently the largest Bittensor Subnet token by market cap, but it has faced pressure recently, falling nearly 18% over the past seven days.
After rallying 67% between April 7 and April 12, the token has since dropped about 30% from its peak. Its Relative Strength Index (RSI) is now at 23.78, signaling deeply oversold conditions.
This setup could mean that Chutes is nearing a potential reversal zone.
If the project manages to recover its earlier momentum, being the biggest Subnet on Bittensor could amplify its gains through network effects, potentially triggering a strong uptrend that could drive the price back toward the $0.40 range.
Proprietary Trading Network
Proprietary Trading Network, or Taoshi, is a decentralized finance platform operating within the Bittensor ecosystem. It builds dynamic subnetworks where decentralized AI and machine learning models analyze data across multiple asset classes.
Its mission is democratizing access to sophisticated trading strategies, combining AI, blockchain, and finance to deliver advanced data that helps users make more informed financial decisions.
Proprietary Trading Network’s market cap is close to $50 million, with its trading volume jumping nearly 160% in the last 24 hours to reach $3 million.
Proprietary Trading Network Token Performance. Source: Tao Stats.
If the current momentum strengthens, the token could soon rise to retest the $0.20 and $0.25 resistance levels, supported by growing attention across these sectors.
Targon
Manifold Labs developed Targon, which is a Bittensor Subnet token that is building an AI cloud platform that enables users to run inferences on AI models at high speed and low cost.
Through its Playground and API, Targon offers many models optimized for completion and chat tasks.
The platform emphasizes fast performance, high scalability, and cost-efficiency, allowing developers and companies to deploy and scale AI models while minimizing infrastructure complexity easily.
Reports of Jerome Powell stepping down from his role as Fed Chair have reached a fever pitch after a resignation letter emerged on the internet. While the letter appears legitimate, a closer look reveals that it is fake as calls for Powell’s resignation grow louder. Letter Of Jerome Powell’s Resignation Turns Out Fake Amid the
