Ethereum Breaks $4,000: Altcoin Season to Come?

Solana’s DeFi ecosystem is getting major boosts, with PancakeSwap officially launching its v3 liquidity pools on the network.

At the same time, Kamino Finance has announced support for tokenized equities (xStocks), deepening Solana’s growing reputation as the infrastructure layer for “internet capital markets.”

PancakeSwap v3 Brings Capital-Efficient DeFi to Solana

PancakeSwap’s latest deployment introduces its Concentrated Liquidity Automated Market Maker (CLAMM) pool structure to Solana. It unlocks new capital-efficient trading tools, ultra-low fees, and high-yield opportunities for liquidity providers.

“PancakeSwap v3 liquidity pool is now live on Solana,” PancakeSwap shared in a post.  

The launch allows traders to swap Solana-based tokens with fees as low as 0.01%. Meanwhile, liquidity providers (LPs) can earn up to 84% of the trading fees based on the liquidity they contribute.

Further, liquidity provisioning is also live for key Solana pairs such as BONK-SOL, PYUSD-USDT, and EURC-USDC.

“With Solana joining the ranks of PancakeSwap’s multi-chain ecosystem, we’re moving closer to creating a truly borderless DeFi experience,” the team stated in a blog.

They emphasized Solana’s “unmatched speed and low fees” as a key integration driver. According to the team, Solana’s active community and high on-chain volume significantly drove this initiative.

PancakeSwap v3 allows LPs to set custom price ranges for their positions, enhancing capital efficiency by reducing idle liquidity.

“By concentrating liquidity within a specific price range, LPs can boost liquidity depth and potentially earn higher returns, all without having to deploy more capital,” the blog explained.

Another key innovation is the introduction of NFT-based LP positions, where each liquidity contribution is minted as a unique non-fungible token (NFT). This structure lets users easily track, manage, or transfer their positions.

Kamino Launches xStocks for Tokenized Stock Trading on Solana

Meanwhile, Kamino Finance adds to the momentum, announcing its integration of tokenized equities dubbed xStocks into the Solana ecosystem.

Backed xStocks will be collateral within Kamino’s lending markets and can be traded on Kamino Swap. This means users can swap crypto for stocks.

Supported tokenized assets include major US equities such as Apple, Nvidia, Google, Meta, Tesla, SPDR S&P 500 ETF Trust, and Invesco QQQ Trust.

“Via the Kamino Lend integration, users will be able to deploy their xStocks as collateral via a new xStocks Market, enabling borrows against the following assets: AAPLx NVDAx GOOGLx METAx TSLAx SPYx QQQx,” Kamino articulated.

These will be accessible via Kamino Swap, powered by Pyth Network’s Express Relay, or through centralized platforms like Kraken exchange, with users transferring them to Solana.

Notably, Kamino’s xStocks integration will exclude US users due to regulatory constraints, but it still marks a pivotal step in DeFi’s overlap with traditional finance (TradFi).

Together, these announcements reinforce Solana’s broader mission of an internet capital markets powered by its blockchain.

With capital-efficient AMMs and tokenized equity markets now live, Solana is cementing itself as a next-gen financial hub.

However, despite these bullish fundamentals for the Solana blockchain, its powering token, SOL, is treading lower, down 0.49% in the last 24 hours. As of this writing, Solana was trading for $149.94.

The post Swap Crypto for Stocks? Kamino and PancakeSwap Boost Solana DeFi appeared first on BeInCrypto.

The creators of the TRUMP meme coin have moved over $52 million worth of tokens to centralized exchanges, sparking debate about the project’s motives and transparency.

The token, themed after US President Donald Trump, has gained massive attention since its launch, but now faces scrutiny over insider activity and market impact.

TRUMP Team Describes $52 Million Token Transfer as ‘Liquidity Operations’

On May 10, on-chain analytics platform Lookonchain revealed that the team behind TRUMP deposited 3.5 million tokens, valued at more than $52 million, across three major exchanges—Binance, OKX, and Bybit.

According to the firm, Binance received the largest share at 1.5 million tokens, estimated at $22 million. OKX followed with 1 million tokens worth $15 million, while Bybit received just over 500,000 tokens valued at $7.5 million.

However, the TRUMP token team claimed the transfer aimed to strengthen liquidity and maintain stable market access.

They explained that the tokens came from a pre-designated liquidity wallet created during the project’s launch. The team also assured users that all recently unlocked tokens had been relocked and would remain so for 90 days.

“Demand for $TRUMP has been tremendous. On May 10, 2025 at approximately 1:30 am UTC, 3.5 million $TRUMP will be moved onto exchanges to further support liquidity operations to help ensure continued availability of $TRUMP for both buyers and sellers. All of this liquidity is being provided from a liquidity wallet from the initial launch,” the team stated.

While the team maintains that the token transfers are part of routine liquidity management, recent findings suggest a different story.

A CNBC report, citing Chainalysis, revealed that the team behind TRUMP has earned over $320 million in trading fees.

Furthermore, there is a wide gap between investor outcomes. Of more than two million wallets holding TRUMP, roughly 760,000 are currently at a loss.

In sharp contrast, only 58 wallets have each made over $10 million, together netting about $1.1 billion in profits.

This stark imbalance suggests that a small group of insiders may have captured most of the value generated by the token.

Essentially, the project’s close association with Trump, combined with uneven returns and insider profits, continues to cast doubt on its fairness and long-term viability.

According to BeInCrypto data, the token surged to $77 on its first trading day. However, it has since plummeted by 86%, trading near $14 at the time of writing.

The post TRUMP Meme Coin Insiders Move $52 million to Exchanges appeared first on BeInCrypto.

After a rough start to the week with massive liquidations, the crypto market has finally experienced some relief, with a rebound driven by favorable broader macroeconomic changes. 

Liquidations over the past day totaled $384.4 million, a significant drop from previous days. Meanwhile, the global market cap rose 1.1% over the last day.

Crypto Market Recovers After Massive Liquidations

The market’s dip was primarily driven by fears of a global recession, trade wars, and broader macroeconomic uncertainty. As a result, Bitcoin (BTC) and Ethereum (ETH) plunged to monthly and yearly lows.

This sharp decline led to widespread liquidations. Nearly $1 billion was liquidated from the market yesterday. Nonetheless, the latest data paints a slightly more favorable picture.

According to Coinglass data, $384.4 million was liquidated in the past 24 hours. Of this, $138.2 million came from long positions, while $246.2 million were short positions. 

Specifically, Bitcoin saw $186.7 million in liquidations, with $146.0 million attributed to short positions. Ethereum experienced $73.6 million in liquidations, with $40.3 million from long positions and $33.1 million from short positions.

Meanwhile, Bitcoin regained ground over $80,000, trading at $82,299. This marked a 3.6% increase over the past day. 

Notably, the recovery could be attributed to recent diplomatic developments. According to Bloomberg, Ukraine agreed to a temporary 30-day ceasefire in response to a US proposal. This has reduced geopolitical tensions that had previously weighed on the market. 

Furthermore, Ontario suspended 25% tariffs on electricity exports to Michigan, New York, and Minnesota. This was also a major step towards easing trade tensions.

US political figures, including House Speaker Mike Johnson, have also provided much-needed reassurance to the markets. Johnson suggested that President Trump’s economic policies, which initially contributed to market instability, would eventually stabilize the economy. 

“Give the president a chance to have these policies play out,” he said.

In addition, White House Press Secretary Karoline Leavitt noted that the market dip represented a temporary state rather than a definitive or permanent trend. 

“We are in a period of economic transition,” Leavitt stated.

She emphasized the idea that market numbers, such as stock prices, trading volumes, and liquidations, reflect a specific point in time and can evolve. These combined factors—political reassurances, easing trade tensions, and a reduction in geopolitical risks—have contributed to the crypto market’s recent recovery.

The post Crypto Market Recovers from Heavy Sell-Offs, Boosted by Macro Trends appeared first on BeInCrypto.