On May 2, 2025, at 9:25 AM PST, the TRON DAO X account was compromised following a social engineering attack on a team member. The attacker posted a contract address, sent direct messages, and followed various accounts. This breach emphasizes the dangers of social engineering, as it allowed the unauthorized party to manipulate the account. TRON DAO X is currently investigating the incident and working on measures to enhance security moving forward.
Made in USA coins have underperformed in the first 100 days of Trump’s new term, with all five leading US-linked assets down at least 20% since January 20. This comes despite the administration’s more crypto-friendly tone and a recent wave of regulatory relief.
In contrast, non–USA coins like Bitcoin and TRON have held up better, showing more resilience even as Ethereum and Dogecoin posted steep losses. The divergence highlights the impact of broader policy pressures—such as tariffs—potentially offsetting domestic crypto reforms.
Made in USA Coins Struggle Under the Trump Era
All five leading “Made in USA” coins have declined by at least 20% since January 20, the day of Trump’s inauguration. While recent short-term gains have helped improve sentiment, the broader 100-day trend remains negative for these U.S.-linked assets.
This performance comes despite expectations of a more favorable environment for crypto under the current administration.
Solana (SOL) is the weakest performer in this group, down over 41% since Trump took office, even after gaining more than 18% in the past 30 days.
On the other hand, SUI has rallied 58% in the same period, supported by strong growth in meme coin trading and decentralized exchange (DEX) volume. Recently, it became the fifth-largest chain by DEX activity.
ADA, LINK, and XRP have all posted modest gains between 7% and 10% over the past month, but remain down more than 24% in the first 100 days of the administration.
Made in USA Coins Performance Since January 20. Source: Messari.
The overall performance of Made in USA coins has diverged from initial expectations following Trump’s return, which included promises of a more crypto-friendly stance.
While the SEC, now under Paul Atkins, has dropped several cases against crypto firms, removing regulatory overhang, other policy developments may limit the upside.
In particular, ongoing trade pressures tied to Trump’s tariff strategy may create additional headwinds for U.S.-linked crypto assets.
Despite ETH and DOGE Losses, Non–USA Coins Hold Up Better
Among the five largest non–USA coins, only two have posted significant losses over the last 100 days. Ethereum (ETH) has fallen by more than 43%, and Dogecoin (DOGE) has fallen by nearly 51%.
These declines stand out sharply, especially given the more stable performance of other top assets. Bitcoin (BTC) is down just 6% in the same period, while BNB has slipped by nearly 12%.
Short-term trends offer a more balanced view. Bitcoin has gained nearly 16% over the past 30 days, reflecting stronger momentum than its peers.
Biggest Coins (Excluding Made in USA Coins) Performance Since January 20. Source: Messari.
DOGE is up more than 7% in the same window, while BNB and ETH have remained largely flat. TRON (TRX) is the only top coin outside the US-linked group to post gains over both timeframes, up 7.5% over the last 100 days.
The broader group of global assets has fared relatively better than Made in USA coins. Despite steep losses in ETH and DOGE, the group has outperformed Made in USA coins like SOL and ADA, many of which have dropped more than 20–40% in the same timeframe.
This divergence suggests that while regulatory sentiment in the US may improve, macro and policy-specific headwinds could weigh more heavily on domestic crypto assets.
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 …
Wirex, a global leader in crypto-financial services, is proud to announce the launch of Wirex Business, a comprehensive corporate banking platform designed to serve the unique needs of Web3 companies and crypto businesses.
Wirex Business offers robust tools and seamless integration of stablecoins and fiat currencies, empowering businesses to manage their treasury functions, issue corporate cards, and handle expenses efficiently in the ever-evolving Web3 landscape.
The platform enables enterprises to streamline their financial operations with advanced features such as corporate bank accounts, corporate expense and payroll Visa cards, real-time payments, instant settlement, and built-in yield on stablecoin holdings.
Designed with the self-custodial model in mind, Wirex Business ensures that businesses retain full control of their funds, giving them the confidence to manage their finances securely in a decentralized world.
Key Features of Wirex Business:
Corporate Bank Accounts: Easily manage multiple accounts in USD, EUR, GBP and stablecoins.
Corporate Expense & Payroll Cards: Issue physical and virtual cards for employee expenses and payroll management.
Instant Fiat<>Stablecoin Conversion: Seamlessly convert fiat currencies into stablecoins and vice versa in real-time.
Built-in Yield: Earn competitive yield on stablecoin holdings with no hidden fees.
Self-Custodial Model: Maintain full control of your funds, eliminating counterparty risks.
Reporting: Save time with automated accounting tools and advanced reporting to keep your finances in sync.
Wirex Business is designed to help Web3 companies, fintechs, and crypto businesses efficiently manage their financial operations and expand globally with ease.
The platform is currently onboarding new clients, with registration available at: link.
“We are excited to launch Wirex Business, as it opens up new possibilities for companies operating in the Web3 and crypto space,” said Daniel Rowlands, Managing Director of Wirex Pay. “By offering a full suite of corporate banking services, including expense management, card issuance, and seamless fiat-stablecoin integration, we are empowering Web3 companies to manage their treasury and operations with the same ease as traditional businesses. The future of finance is non-custodial and Wirex is pioneering business banking for the Web3 digital age.”
Pavel Matveev, Founder of Wirex, added, “Wirex Business represents a major step forward in bridging the gap between traditional finance and the crypto world. We understand the unique needs of Web3 businesses and are proud to provide them with the tools they need to thrive in a decentralized economy.”
About Wirex
Wirex is a global crypto-financial services platform with over 6 million users worldwide. As a principal member of Visa and Mastercard, Wirex enables individuals and businesses to use, store, and exchange digital assets seamlessly alongside traditional currencies. With a commitment to innovation and user-centric services, Wirex is driving the adoption of digital currencies and advancing the future of payments.
