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Solana generated $2.85 billion in revenue over the past year, according to a new report from 21Shares, driven by trading platform activity. Between October 2024 and September 2025, Solana averaged about $240 million in monthly revenue, peaking at $616 million in January during the memecoin boom led by tokens like Official Trump (TRUMP). But even after the frenzy cooled, monthly revenue was between $150 million and $250 million.Solana validators earn revenue from fees on transactions. Over the past year, revenue from fees flowed from across the ecosystem, including decentralized finance (DeFi), memecoins, AI apps, decentralized exchanges, DePIN, launchpads and trading…
Matt Hougan, Bitwise’s Chief Investment Officer, posted a brief, bullish note on social media on Oct 6, 2025, writing “$1 trillion inbound….” Related Reading Based on reports, that short message kicked off fresh coverage and debate about how large Bitcoin-focused funds could get if current trends continue. Bitcoin was trading near a fresh high at the time, which helped the comment spread quickly. Context Around The Claim Bitcoin hit a new all-time high of $126,080 on Oct 7, 2025. At the same time, data cited by several outlets put global Bitcoin fund assets under management at about $200 billion. Those…
Today in crypto, BitGo secures a VARA license as Dubai’s regulator announces a wave of enforcement actions. NYSE parent Intercontinental Exchange backs crypto prediction market Polymarket with a $2 billion investment at a $9 billion valuation, while the European Union reportedly weighs sanctions against A7A5, a stablecoin pegged to the Russian ruble.BitGo secures VARA license amid regulatory crackdownDigital asset infrastructure company BitGo said it had secured regulatory approval to offer specific services in Dubai amid the agency’s announcement of several enforcement actions.In a Tuesday notice, BitGo said its Middle East and North Africa (MENA) arm had secured a broker-dealer license…
CEA Industries is rapidly closing in on its goal to own 1% of the entire BNB supply, announcing it now holds 480,000 tokens. This aggressive acquisition pace unfolds against the backdrop of the asset’s stunning climb into the $1,300 territory. Summary CEA Industries increased its BNB holdings to 480,000 tokens worth $585.5 million as BNB hits new highs above $1,300. The firm aims to own 1% of the total BNB supply by 2025, mirroring Strategy’s Bitcoin strategy. BNB’s market cap surpasses $180 billion, and CEA’s stock rises over 20% in two days following the disclosure. On Oct. 7, CEA Industries…
Samsung, the technology and smartphone giant, has partnered with the leading U.S. digital asset exchange, Coinbase, to give more than 75 million Galaxy smartphone users in the U.S. direct access to bitcoin trading and account services through the Samsung Wallet app. This is the biggest consumer digital assets integration to date and marks Samsung’s move into digital finance. Both companies say the rollout will start in the U.S. and expand globally in the coming months. Under the new partnership, Samsung Wallet users can now access Coinbase One, the exchange’s premium membership service that offers zero trading fees, priority support, and…
High-performance computing firm IREN (IREN) stock slipped 6% on Tuesday post-market after announcing a $875 million convertible debt offering.The offering may increase to $1 billion if initial purchasers take up an option to buy an additional $125 million, the press release said. The notes will be unsecured and give holders the right to convert into IREN shares or cash under certain conditions, with maturity set for July 2031.The firm said proceeds will fund general operations and capped call transactions, which are intended to reduce potential share dilution if the notes convert into equity. These capped calls are also designed to…
Polymarket and Kalshi continue to battle for supremacy with new partnerships and investment announcements.After a slow ramp-up throughout 2025, the rivalry between Kalshi and Polymarket is intensifying, pushing cumulative prediction market activity to new highs, while volumes reach their highest levels since the 2024 presidential election.September marked Polymarket’s highest volume month this year with $1.43 billion in volume, according to DeFiLlama. Meanwhile, Kalshi closed its best month yet, processing just over $3 billion in volume in September. According to Dune Analytics, the week ending September 29 marked the prediction market sector’s highest seven-day volume stretch since the 2024 presidential election,…
If you’re seeking a Coinbase referral code to enrich your cryptocurrency trading experience, you’ve hit the right spot. When you create a Coinbase account using a referral code, you’re entitled to lucrative sign-up bonuses and new user rewards. You’ll also get a unique referral link to invite friends to join Coinbase and earn rewards together. In this article, we’ll provide deeper insights into a Coinbase referral code and its benefits. We’ll also guide you on how to activate a code. What is a Coinbase Referral Code?Crypto exchangeCoinbaseReferral codeReferral linkSign-up bonusUp to $200 in Bitcoin (BTC)Additional benefitsNew user rewards, referral bonuses, and free…
The surge in SharpLink’s Ethereum holdings has pushed the treasury firm closer to the landmark 1 million ETH. Since launching its ETH treasury strategy on June 2nd, 2025, Ethereum treasury firm SharpLink Gaming has seen unrealized profits exceed $900 million. Over this period, the company’s ETH holdings have doubled, resulting in a corresponding increase in the value of each share. Nearing 1 Million ETH Milestone SharpLink currently holds 839,000 ETH on its balance sheet and maintains a debt-free position. With this, the company is nearing its first major milestone of 1 million ETH. In a post on X, the…
NEW YORK — The Securities and Exchange Commission is still looking to formalize an “innovation exemption” for companies to build on digital assets and other innovative technologies in the U.S., potentially as soon as the end of the quarter, said agency Chair Paul Atkins.While acknowledging that the current government shutdown had “hamstrung” the SEC’s ability to make progress on rulemaking, Atkins said working on this exemption is still his priority for the end of the year or the first quarter of 2026, he said at a Futures and Derivatives Law Report event hosted by the law firm Katten Muchin Rosenman…