StakeStone has teamed up with the Trump family’s crypto project, WLFI, to offer cross-chain liquidity support for the USD1 stablecoin. This collaboration bridges real-world assets (RWA) and native DeFi liquidity, allowing users to move funds seamlessly across different blockchains. The partnership also enables users to earn sustainable yields and access liquidity without locking up their assets, making it easier for everyone to manage and grow their investments in the crypto space.
BTCS Inc has increased its Ethereum (ETH) holdings to 13,500 coins. This follows the recent acquisition of 1,000 ETH for approximately $2.63 million. The purchase was made through the Crypto.com Exchange, using its institutional trading services. As of June 2, this move marks a nearly 50% rise in ETH holdings since the end of Q1 2025. The company is focusing on ETH as part of its broader blockchain infrastructure strategy. As a result, its acquisition supports both its treasury model and infrastructure operations. BTCS aims to build scalable blockchain systems and sees ETH as central to these efforts. BTCS Acquires 1,000 Ethereum, Total Hits 13,500 The firm BTCS continues to expand its blockchain operations and Ethereum reserves. With the addition of 1,000 ETH, the company now holds around 13,500 ETH. This increase reflects BTCS’s commitment to Ethereum-based technologies, including its NodeOps and Builder+ activities. Charles Allen, CEO of BTCS, stated,… Read More at Coingape.com
SOL Strategies agreed with ATW Partners to issue a convertible note of up to $500M.
The capital will exclusively be used for purchasing Solana coins, and staked to offer regular yields.
Solana price will heavily benefit from the deal, especially after the recent bullish breakout.
SOL Strategies Inc. (CSE: HODL), an investment company focused on the development and growth of the Solana (SOL) ecosystem, has announced the largest deal geared towards acquiring more SOL coins. On Wednesday, April 23, during the mid-North American trading session, SOL Strategies announced that it had inked an agreement with ATW Partners to issue a convertible note of up to $500M.
According to the announcement, SOL Strategies will issue the notes in an aggregate amount of $20 million as its first initial closing. The first tranche of the deal will close by May 1, 2025.
The agreement will offer an additional capacity of up to $480 million. The acquired SOLs will be staked and the yield generated shared among the investors.
“This is the largest financing facility of its kind in the Solana ecosystem and the first ever directly tied to staking yield. By securing up to half a billion dollars in strategic capital, we are doubling down on our conviction in Solana and our commitment to being the leading institutional staking platform. Every dollar deployed is immediately yield-generating, and accretive to both our balance sheet and our validator business. This structure is not only innovative, it is highly scalable,” Leah Wald, Chief Executive Officer of SOL Strategies, noted.
Impact on Solana Price
The convertible notes will play a crucial role in the long-term growth prospects for the Solana network. Furthermore, its success will attract more institutional investors, and bolster SOL’s bullish sentiment ahead.
From a technical analysis standpoint, SOL price has successfully rebounded following the 42 percent rally in the past two weeks. In the daily timeframe, the SOL price has been forming a megaphone structure, with the next target above $300.
Moreover, the daily MACD and Relative Strength Index (RSI) indicators have already flashed bullish sentiment.
The post Mega Bullish: SOL Strategies Announces $500M to Buy More Solana appeared first on Coinpedia Fintech News
SOL Strategies agreed with ATW Partners to issue a convertible note of up to $500M. The capital will exclusively be used for purchasing Solana coins, and staked to offer regular yields. Solana price will heavily benefit from the deal, especially after the recent bullish breakout. SOL Strategies Inc. (CSE: HODL), an investment company focused on …
The listing of SNEK on Kraken is a massive gain for the wider Cardano ecosystem.
With geographical restrictions in place, Kraken announced deposits and withdrawals of Snek are already enabled.
SNEK price has consistently closed above a falling daily wedge pattern, signaling further bullish momentum.
Kraken Exchange, a veteran U.S.-based cryptocurrency exchange with over 10 million global users, announced on Friday, April 25 that it will list Cardano (ADA)-based memecoin Snek (SNEK) next week. According to the announcement, deposits and withdrawals for SNEK on Kraken Exchange have been enabled ahead of the April 28 official listing.
Kraken announced that geographical restrictions will apply accordingly to SNEK trading. The listing of SNEK on Kraken is a huge milestone victory for the Cardano ecosystem, which has faced harsh criticism for low on-chain activity.
“Getting listed on Kraken is a huge achievement in itself but opening the door for tier 1 CEX listings for Cardano native tokens is incredible, this is not only a huge Win for Snek but a massive win for everyone building on $ADA,” X platform user EL noted.
Impact on SNEK Price
Following the announcement, SNEK price rallied over 17 percent to trade at about $0.00357 at the time of this writing. As a result, the small-cap memecoin, with a fully diluted valuation of about $273 million and a 24-hour average trading volume of around $4.3 million, had gained more than 42 percent in the past seven days.
The resurgence of SNEK FOMO amid improving fundamentals will play a crucial role in its bullish outlook ahead. In the daily timeframe, SNEK price had already broken out of a falling wedge pattern and signaled bullish sentiment at the time of this writing.
Moreover, the daily MACD line had already crossed the zero line, amid the notable rally of the Relative Strength Index (RSI).
The post Kraken Exchange to List Cardano-based Memecoin Snek on April 28: SNEK Price Gains Over 16% appeared first on Coinpedia Fintech News
The listing of SNEK on Kraken is a massive gain for the wider Cardano ecosystem. With geographical restrictions in place, Kraken announced deposits and withdrawals of Snek are already enabled. SNEK price has consistently closed above a falling daily wedge pattern, signaling further bullish momentum. Kraken Exchange, a veteran U.S.-based cryptocurrency exchange with over 10 …
