In the past couple of years, the Solana price has displayed significant strength, recording 8 bullish months compared to 4 months of loss. The memecoin mania that broke out over the Solana network has kept the trading activity elevated. Besides, Axiom exchange surpasses Pumpfun to become the top revenue-generating protocol on Solana over the past 7 days. Moreover, Solana DApps accumulated more than $162 million in revenue in April, hinting towards a growing ecosystem.
In the times when Solana has been outperforming every other chain in revenue generation for Q1 2025, will SOL price outpace the top tokens and demonstrate a mammoth price action in Q2 2025?
Regardless of the short-term hindrances, the Solana price has been maintaining a strong bullish trend in the long term and flashing massive bullish signals. The price is trying hard to recover and enter the rising parallel channel that it had lost during the recent bearish action. Meanwhile, the weekly CMF, which dropped below 0 for the first time since 2023, has triggered a bullish divergence and is working hard to rise within the bullish range.
On the other hand, the MACD is also supporting a bullish narrative, with the indicator showing a drop in the selling pressure and the levels heading towards a bullish crossover. Therefore, the Solana price is expected to consolidate around $145 for a while as the weekly volume has dropped significantly. Once the volume breaks out, the Solana price is expected to revive a strong upswing and enter the channel that may further help in achieving higher targets, probably at $200.
Bitcoin 2025 just got a shock of controversy, Michael Saylor made waves by calling proof-of-reserves “a bad idea,” as highlighted by analyst Mitchell. The bold remark has reignited debate around transparency and trust in crypto. In a recent interview, Saylor outright rejected the idea of publishing on-chain proof of reserves, a practice seen by many in the crypto space as essential for transparency and trust.
Saylor’s Security Concerns
Saylor argued that current PoR methods weaken security by exposing sensitive data. He likened it to publishing bank account details and insisted AI analysis would reveal dozens of ways such disclosures could compromise long-term safety. Drawing from the FTX and Mt. Gox disasters, Saylor suggested that blindly chasing transparency without secure methods could do more harm than good.
— bitcoin pirate I I ∞/21M (@ob_hodl) May 27, 2025
The crypto community didn’t take his comments lightly. Notably, Bitcoin veteran Whale Panda (Stefan Jespers) called it a “major red flag,” stressing that Bitcoin’s core value lies in its transparency. Critics argue that there are ways to verify holdings securely, without compromising asset safety.
For example, Bitwise uses a “proof of holdings” method for its crypto products, and many crypto exchanges regularly publish audit reports to prove solvency. These examples contradict Saylor’s claim that such actions are inherently risky.
Old Wounds and New Doubts Resurface
The backlash has even reignited old doubts. Some critics pointed to Saylor’s infamous $6 billion loss in 2000 due to an accounting scandal, suggesting a pattern of avoiding transparency. Others are reviving conspiracy theories that MicroStrategy may not hold actual Bitcoin, but instead, paper-based derivatives.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Michael Saylor Says Proof-of-Reserves Is a Bad Idea appeared first on Coinpedia Fintech News
Bitcoin 2025 just got a shock of controversy, Michael Saylor made waves by calling proof-of-reserves “a bad idea,” as highlighted by analyst Mitchell. The bold remark has reignited debate around transparency and trust in crypto. In a recent interview, Saylor outright rejected the idea of publishing on-chain proof of reserves, a practice seen by many …
Coinbase SOL Updates:- In a good news for the crypto users and investors, Coinbase has announced the much anticipated upgrade in its Solana infrastructure.
These updates are particularly soothing to the users who had faced significant struggles on Coinbase exchange and its wallet during January.
While announcing the upgrades, the exchange said that it has been working very hard to scale its Solana infrastructure since then.
Notably, Solana’s memecoin trading-driven surge has pushed the exchange’s Solana stack to ten times higher than its actual throughout.
What are the new Upgrades in Coinbase Solana Infra?
In early 2025, Coinbase users took to social media to vent our their frustration in the exchange’s long transactions time for Solana.
A user had reportedly said that two transactions from a Solana wallet to coinbase took him more 10 hrs – to get completed.
Now in order to solve this, Coinbase as part of its new updates has shifted to asynchronous transaction handling.
This means that its systems can now process transactions blocks in parallel. Previously, transaction blocks were processed sequentially, which created bottlenecks under heavy load.
According to the largest US exchange’s X post, this will improve its block processing throughput by 5 times.
This change alone is expected to slash wait times for transaction confirmations. This means that high‑volume periods will no longer compromise user experience or liquidity flows.
Coinbase Shifts to Bare‑Metal Machines and Enhance liquidity
In addition to software tweaks, Coinbase has migrated critical components of its Solana stack onto dedicated bare‑metal servers rather than virtualized cloud instances.
Virtual machines (VMs) run on top of something called a hypervisor, which is like a middleman between the software and the actual computer. This middleman uses up some of the computer’s power (CPU and memory), which can slow things down.
But the newly adopted bare-metal servers skip that middleman. According to IBM, they let the software run directly on the hardware, so Coinbase’s systems can use 100% of the server’s power.
In simple terms, this means faster processing, quicker responses from the system, and smoother handling of Solana transactions.
According to the exchange, this shift can deliver roughly a four‑fold improvement in remote procedure call (RPC) speed – allowing faster queries and state reads on the Solana ledger.
Further, Coinbase has also deployed back‑end optimizations to ensure better distribution of SOL liquidity across its order books and custody wallets. Its enhanced monitoring tools would now track on‑chain and off‑chain liquidity metrics.
These “operational changes” would give Coinbase’s operations team finer‑grained oversight to prevent order execution delays and maintain deep, frictionless liquidity for Solana assets.
Further, these updates to the exchange’s Solana ecosystem come as Canada approves and launches first Spot Solana ETFs this week.
Upgrade for Transaction Failures
To bolster resilience, the exchange has also introduced advanced failover augmentations. This will automatically reroute traffic in the event of node failures or network congestion.
The upgrade implements multi‑region redundancy and health‑check protocols that detect performance degradation in real time.
If a node underperforms or becomes unresponsive, traffic would immediately shifts to healthy nodes without manual intervention. This will help in guarding users against partial outages or cascading failures that have previously led to stalled transactions.
Bullish Market Reaction
News of the Coinbase Solana infrastructure improvements has already created ripple effects across the Solana markets.
As of writing, SOL’s price has climbed by 6% to its highest level in April – trading around $136 – today. This has ended up outperforming many top cryptocurrencies – XRP, BTC, ETH – as investors viewed the upgrades as a bullish signal for on‑chain activity and exchange confidence.
Notably, SOL Price is also driven by the Solana ETF approval in Canada.
SOL Price Today | Source: Coingecko
The upgrades become all the more important as Solana’s on‑chain trading continues to grow.
Particularly driven by the memecoin trading volume, its current state stands at over $15 billion in DEX transactions during the past seven days alone. Surprisingly, this has surpassed every other chain in this time frame.
I 
I ∞/21M (@ob_hodl) 
(@Shiba_King1991) 
