Two major institutional players – SOL Strategies and DeFi Development Corp – recently injected $509.9M combined into their Solana treasury incentives. The investment strategy echoes MicroStrategy, but this time, it’s Solana ($SOL) rather than Bitcoin ($BTC). These sizable capital inflows into $SOL suggest a bright future for Solaxy, the world’s first Solana Layer-2 (L2) network that’s designed to give the network a leg up during heightened demand. Its native token, $SOLX (a new meme coin on presale ), might even be the catalyst Solana needs to outpace Ethereum in market dominance. SOL Strategies’ Solana Treasury Grows to $540M+ SOL Strategies currently holds $40.4M worth of $SOL and secured an additional $500M on Wednesday, bringing its total holdings to $540.4M. Much of this $SOL will be locked into the network. It’ll enhance Solana’s stake participation, boost network security, and lower the token float – each of which could significantly raise the token’s price. On the same day, DeFi Development Corp purchased $9.9M worth of locked $SOL through BitGo’s over-the-counter desk. While not yet transferable on-chain, the assets were acquired at a discount. This way, the firm was able to expand its long-term Solana treasury to a commendable $48M. $SOL Jumps 20% as Buying Pressure Heats Up Supported by these recent institutional inflows and buoyed by favorable market sentiment, $SOL is up by 20% in the past two weeks, outpacing both $BTC and $ETH. These large-scale capital commitments signal strong confidence in Solana’s long-term potential. Given Ethereum’s lagging performance, some investors and firms even say that $SOL could outperform $ETH as the second-largest crypto. ‘Solana looks to be eating Ethereum’s lunch. As more investors tire of waiting for Ethereum to perform, they’ll likely defect to Solana, and that will increase demand for the coin.’ – Nasdaq . With $SOL’s Relative Strength Index (RSI) at 66.54, this viewpoint might not be a far cry. The technical indicator reflects intense buying pressure and market confidence as the asset edges close to overbought territory (70). Solana’s Network Speed Isn’t Without Its Woes But despite Solana being broadly known for its high speed and low fees, it isn’t immune to a common key vulnerability: Network congestion during peak demand. As adoption grows, often driven by the best meme coins , DeFi protocols, and – now – major institutional investment, Solana’s throughput might hit its limits (again!). Look at when Donald and Melania Trump launched their official meme coins – $TRUMP and $MELANIA – in mid-January, for instance. No new transactions were recorded on SolScan for thirty minutes, which highlighted significant network congestion. Such an incident suggests that Solana needs stronger infrastructure to handle unpredictable traffic surges. Thankfully, Solaxy is being built to solve this problem. Solaxy to Step In When Solana Stalls By offloading transactional volume and processing micro-transactions off-chain, Solaxy will prevent congestion-related failures like those seen during the Trump token launches. Its native token, $SOLX , is the gateway to this upcoming L2 network. It’ll also enable seamless cross-chain transfers between Solana and Ethereum. This way, you can easily move your assets across two major platforms and gain access to a wider user base. Consequently, $SOLX is currently one of the best crypto presales to invest in right now , having already attracted over $31.5M. Beyond its L2 innovation, the $SOLX presale attracts attention with its high-yield staking opportunity, which offers 129% APY. A substantial 25% of the token supply is set aside for such rewards. Considering that an additional 30% of its supply cap is also allocated for development, sustained growth for the Solaxy ecosystem is in sight. Buy $SOLX to Help Solana Flip Ethereum As institutional confidence in Solana grows, and an additional $509.9M pours into Solana treasury incentives, it’s evident that $SOL is becoming a serious contender against $ETH. However, with greater momentum comes greater demand, and the Solana network has a history of feeling the pressure. Luckily, this is where Solaxy enters the picture. As the first Solana L2, it could be the gateway to Solana’s long-term resilience and overtaking $ETH in market dominance. But for Solana to reach this next level, scaling efficiently while maintaining top performance under pressure, supporting the Solaxy ecosystem matters. To actively participate in the infrastructure that has what it takes to boost Solana’s future, you can buy $SOLX on presale for just $0.001704. Solaxy’s launch is predicted to push its price to $0.032 by the end of the year, a 17x increase compared to its current value, so there’s no better time to join. Disclaimer: This is not financial advice. Crypto investments are volatile and carry risks. You should never invest more than you’d be sad to lose.
The upcoming launch of CME XRP futures is poised to redefine the landscape for crypto derivatives, promising significant implications for market demand and pricing. With the introduction of two distinct
Multiple ETF Decisions Postponed The U.S. Securities and Exchange Commission (SEC) has recently announced delays in its decisions regarding several cryptocurrency Exchange Traded Funds (ETFs). This includes the Bitcoin and Ethereum ETFs from Bitwise, as well as the Hedera ETF proposed by Canary Capital. The SEC stated that these postponements are due to the need … Continue reading "SEC Delays Crypto ETF Decisions Amid Application Surge" The post SEC Delays Crypto ETF Decisions Amid Application Surge appeared first on Cryptoknowmics-Crypto News and Media Platform .
MAGACOINFINANCE Is Earning Its Spot Among High-Conviction Projects Investors have long trusted Bitcoin (BTC) , Ripple (XRP) , and Solana (SOL) as strong performers in the crypto space. But as these assets mature, the potential for outsized returns is slowly diminishing. That’s why many are turning toward earlier-stage projects like MAGACOINFINANCE , which still offers strategic positioning before major listings or saturation. With controlled distribution and a focused rollout, MAGACOINFINANCE is quietly gaining recognition as a project with real long-term potential. Why MAGACOINFINANCE Is Rising on Analyst Watchlists MAGACOINFINANCE instantly caught the eye of investors — quickly establishing itself as a serious altcoin to watch. Its appeal lies in more than just timing—it’s about structure, exclusivity, and early momentum. The token’s model favors long-term conviction. Investors are aligning with the project not because of hype, but because of its strong fundamentals and rare access window. It’s this kind of setup that often precedes breakout success in the crypto market. MAGACOINFINANCE vs. ETH, LINK, and SUI: Entry Opportunity Matters Ethereum (ETH) , Chainlink (LINK) , and SUI all offer strong infrastructure and ecosystem value—but these assets are already fully visible in the market. Their prices are shaped by broader cycles and heavy exposure. MAGACOINFINANCE , by contrast, is still in its growth phase. Its limited access and low visibility make it a prime candidate for investors who prefer to enter before the crowd. Final Thoughts: MAGACOINFINANCE Follows the Blueprint of BTC, ETH, and XRP’s Early Rise The stories behind Bitcoin (BTC) , Ethereum (ETH) , and XRP all began with early believers acting before the market caught on. Now, MAGACOINFINANCE is being mentioned in the same breath—not because it’s imitating those projects, but because it offers a familiar early-stage edge. Secure your tokens now, exclusively at MAGACOINFINANCE.COM Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Can $100 in Bitcoin (BTC), XRP, and Solana Still Deliver Big Returns?
The STX token has surged by 56%, reaching a two-month high. BitGo introduced sBTC to enhance Bitcoin's usability in decentralized finance. Continue Reading: STX Token Surges as New Financial Opportunities Emerge in the Stacks Ecosystem The post STX Token Surges as New Financial Opportunities Emerge in the Stacks Ecosystem appeared first on COINTURK NEWS .
Summary Strategy is breaking out after a 40% drop from its ATH. Bitcoin's bullish trend, confirmed by technical analysis, supports the investment thesis for MSTR, which has significant Bitcoin holdings. MSTR's chart shows a strong breakout, with the potential to reach $700 if Bitcoin hits $120k. Despite high volatility and risks like geopolitical tensions and competition, MSTR presents a compelling opportunity for those bullish on Bitcoin. Thesis Summary Strategy ( MSTR ) is down over 40% from its ATH, but after some consolidation, it seems the stock is breaking out. The same can be said about Bitcoin, which has formed a clean bottoming pattern and is now above key resistance. While Saylor has been buying the dip, I’m buying MSTR on the breakout as I think the stock has the potential to more than double from here. Saylor Buys The Dip You can fault Saylor for many things, but his conviction in Bitcoin is not one of them. While markets were tanking, Saylor continued to buy Bitcoin through Strategy, which bought over 6556 Bitcoin between May 14-20. The Bitcoin was purchased at an average price of $84.8K, a level which Bitcoin has now surpassed by some margin. The company’s total Bitcoin holdings now stand at 538,200, with an average price of $67.8 K. We can’t deny, as I’ve discussed before, that with every purchase, Strategy’s risk increases, as this increases the average price. However, the strategy is paying off so far. But can Bitcoin keep rising? Bitcoin Is Looking Bullish The great thing about technical analysis is that it gives us an impartial way of assessing price trends. Bitcoin’s trend is quite unequivocally up. BTC TA (Trendspider) After retracing from its high, Bitcoin began to do what it does ahead of any big move: consolidate. This is exactly what we saw happen, for example, back around August, before the move above $100K. But Bitcoin gave us some pretty clear signs that a bottoming was taking place, as we saw a divergence in the RSI and a bullish cross in the MACD. Bearishness was still warranted until we broke the 200 EMA. This confirms Bitcoin is in a new uptrend, in my opinion, which should take us to new highs. MSTR Breaks Out Strategy’s chart is arguably even more bullish. MSTR TA (Trendspider) While the 200 EMA did briefly break, it acted as significant support. As soon as the RSI entered oversold territory, the stock bottomed. After a double bottom, we now look ready to break out. MSTR is set to open around $355, taking us above the recent high and putting us into the area where the stock ranged for a few months. We’ll encounter some resistance here, but I believe this is a valid breakout and a reason to buy MSTR. MSTR Could Double If we measure the length of this decline and project the 1.618 fib extension, that gets us towards $700. This also makes some sense if we look at the potential Bitcoin price and NAV Premium: MSTR NAV Premium ( Strategy Tracker ) If Bitcoin can reach $120,000, which I’ve had as a target for a while, and we apply a multiplier of 2,53, that puts MSTR at $700. This is higher than today, but within what we’ve seen during peak euphoria in Bitcoin. In terms of the valuation, multiples have contracted since the peak of the bull market, and this is reflected, for example, in the Price/Book ratio, which is ultimately another way of looking at the Premium/NAV. MSTR Valuation (SA) Moving forward, there's potential for this multiple to expand again, but a lot will hinge on the strategy outlined in the coming quarter. Q1 Outlook With Q1 around the corner (May 1), it's also important to talk about the coming expectations and what to look for. Key Points Net Loss The company is expected to deliver a net loss in Q1 due to the fact that it has accumulated an unrealized loss on its bitcoin holdings. Strategy has warned of a potential $5.9 billion loss, though the exact number will depend on where Bitcoin is at the time of the release. Fair Value Accounting Starting this quarter, MSTR will be adopting the Financial Accounting Standards Board's [FASB] fair value accounting standard. This will allow the company to report the value of its Bitcoin holdings at the current market price, rather than the lowest price since the acquisition. Therefore, earnings should be a much better reflection of the true success of the company. Raising Capital and Bitcoin Purchases In Q1 2025, Strategy raised $7.69 billion through share offerings and has used up around $1.92 billion since then. The most important point of the presentation will be to understand what Saylor plans to do in terms of deploying more capital and potentially raising more money. The 1/21 Plan outlined previously aims to raise $42 billion over the next three years. Macro Outlook There’s a lot of bullish currents underpinning Bitcoin’s appeal here, namely the potential for more monetary inflation and stability. In this last sell-off, Bitcoin has held up quite well and is now leading, showing it can act as a hedge while also capturing upside. Bitcoin is proving itself as a valuable asset to hedge against uncertainty and., most importantly, monetary debasement. This continues to be my base case for the coming years and even decades. The current US deficit is unsustainable, and I expect this will be brought down with the help of inflation and evaluation, not unlike the 1970s. US debt/GDP (FRED) Furthermore, let's not forget we have a very crypto-friendly administration, and there's a lot of potential for further tailwinds and positive news to take Bitcoin to new levels of adoption and higher prices. Risks Of course, it’s still early to call a bottom, though we have strong evidence. Volatility has been incredibly high in recent weeks, and with good reason. Any number of things could derail Bitcoin’s progress: geopolitical tension escalation, inflation and recession stand out as the three clearest. This would be very bad news for MSTR, especially, as I mentioned above, given that Saylor keeps buying the dip and increasing his average price. On top of that, more and more companies are joining the Bitcoin game. Marathon ( MARA ), for example, is also accumulating Bitcoin now, and this will eventually erode MSTR’s premium. And another exclusive Bitcoin fund , Twenty One, has just opened its doors. This company aims to do pretty much the same as MSTR. On the one hand, it means there is now competition, though on the other, it validates MSTR's business model. Final Thoughts All in all, I like the set-up here in MSTR given the fact that I am quite bullish on Bitcoin. If Bitcoin can reach $120K, then I think MSTR could double from today’s price. This is no doubt a volatile stock and not for the faint of heart, so make sure you go into this with a clear plan and strategy.
Analysts warn that investors may shift to stock replacement strategies as Bitcoin approaches the upper end of its $73,000 to $94,000 range. Bitcoin’s ( BTC ) recent rally has put it at the upper end of its trading range, and analysts are now warning that investors may look to stocks as a safer alternative. With Bitcoin now trading at around $93,500, the cryptocurrency has broken above its 21-week moving average, which is considered a key indicator for distinguishing between bull and bear markets, analysts at Matrixport noted in a recenet research report. 📃 #MatrixOnTarget Report – April 25, 2025 ⬇️ Bitcoin Rally- Time to Buy Calls? #Matrixport #BTC #Crypto #CryptoInvestors #Bitcoin #StockMarket #CryptoMarket #BitcoinETF #OptionsTrading #MacroUpdate #BuyCalls pic.twitter.com/BF2sEYKFRk — Matrixport Official (@Matrixport_EN) April 25, 2025 With Bitcoin reclaiming its 21-week moving average — coinciding with the 23.6% Fibonacci retracement level at $87,045 — traders “have reason to take a more constructive view,” the analysts noted. “This level now serves as a logical stop-loss for long positions. While the summer months are typically associated with sideways consolidation, the probability of further upside remains, especially as the recent gold rally strengthens the broader macro case for owning Bitcoin.” Matrixport You might also like: Tech lifts market as stocks close green for third straight day Despite the positive momentum, the report cautions that the current macroeconomic conditions, including tariffs and cautious consumer behavior, might push investors to other assets. With the possibility of spot Bitcoin exchange-traded funds inflow increasing, the analysts are urging traders to monitor these developments closely as this could become “one of the most critical indicators to watch.” As Bitcoin nears its range top, traders may begin considering “stock replacement” strategies — taking profits on their Bitcoin positions and directing some capital toward stock options with limited risk, the analysts warn. They also note that if Bitcoin pulls back, the maximum loss is limited to the 5% premium, but if the rally continues, traders “retain upside exposure with limited downside risk.” Read more: Santiment flags retail FOMO surge after Bitcoin tops $94K. Is a BTC price correction incoming?
The U.S. Securities and Exchange Commission has pushed back decisions on Bitwise’s Bitcoin and Ethereum ETFs as well as Canary Capital’s Hedera ETF, citing the need for more time as it navigates a surge in ETF filings. According to filings dated April 24, the SEC has delayed decisions on Bitwise’s Bitcoin ( BTC ) and Ethereum ( ETH ) ETFs as well as well as Canary Capital’s Hedera ( HBAR ) ETF, with the new deadlines set to June 10 and June 11 , respectively. In both filings, the SEC cited the need for additional time to thoroughly review the proposals and consider public comments. This wave of postponements is part of a broader trend, as the SEC grapples with a growing number of crypto ETF applications. Another recent delay involves Grayscale’s application to convert its Polkadot ( DOT ) Trust into an ETF, with a new deadline now set for June 11. The delays come amid a leadership shift at the SEC, with crypto-friendly Paul Atkins stepping in as the agency’s new Chair. His appointment could mark a turning point in the SEC’s stance on digital asset investment products, potentially paving the way for more crypto ETF approvals down the road. You might also like: SEC delays decision on Grayscale’s Polkadot ETF Bloomberg’s analyst James Seyffart has been tracking the growing list of ETF submissions currently awaiting regulatory approval. Among the pending applications are ETFs tied to Solana ( SOL ), Ripple ( XRP ), Sui ( SUI ), Litecoin ( LTC ), Axelar ( AXL ), Binance Coin ( BNB ), Cardano ( ADA ), Avalanche ( AVAX ), Dogecoin ( DOGE ), Aptos ( APT ), Chainlink ( LINK ), Bonk ( BONK ), and even newer memecoins like Pudgy Penguins (PENGU), Official Trump ( TRUMP ), Melania ( MELANIA ). Source: Bloomberg In addition to individual token-based ETFs, the SEC is also reviewing proposals for index-style funds that bundle multiple cryptocurrencies together, as well as additional ETFs based on BTC and ETH. Despite the wave of altcoin ETF applications, Balchunas believes that Bitcoin ETFs will continue to dominate the crypto ETF landscape, even if altcoin-based products eventually gain approval. “… Bitcoin ETFs command 90% of all the crypto fund assets globally. While a TON of alt/meme coin ETFs are likely going to hit market this year, they will only make minor dent, bitcoin likely to retain at least 80-85% share long-term,” he wrote on X. You might also like: Crypto-friendly Paul Atkins sworn in as 34th U.S. SEC Chairman
The Federal Reserve has quietly rolled back rules that deterred Wall Street from engaging with bitcoin and crypto—just as institutional investors push up the bitcoin price...
A trader and analyst who accurately predicted the Bitcoin ( BTC ) bottom in November of 2022 is warning that Ethereum ( ETH ) is looking bearish overall on the weekly chart. In a new video, the trader pseudonymously known as DonAlt tells the 66,200 subscribers of the TechnicalRoundup YouTube channel that ETH needs to reclaim the $2,000 level as support to start looking bullish again. “The ETH chart, we’ve just broken down a bunch, and it needs to reclaim a little bit to look bullish. So right now, it’s still quite aggressively bearish, but we had a little bit of a good week. Reclaim $2,000 and we can start talking about major trend shift that we haven’t had in a long time.” Source: DonAlt/YouTube DonAlt also says that ETH needs to hold two key levels as support on the daily chart to keep alive the chance for a bullish reversal. “What cannot be lost is basically down here [at ~$1,670]. Like you don’t want to see any close below here and you don’t want to see any move below the impulse move [at ~$1,540].” Source: DonAlt/YouTube ETH is trading for $1,764 at time of writing, down 2.2% in the last 24 hours. Looking at Bitcoin, the analyst says if BTC can hold $90,000 as support on the weekly chart, it would likely confirm a bullish trend. “Below here [$89,000], very scary. Close above $90,000 [on the weekly], early signal that the trend has shifted back to bullish again.” Source: DonAlt/YouTube Bitcoin is trading for $93,506 at time of writing, flat on the day. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Trader Who Nailed 2022 Bitcoin Bottom Says Ethereum Looks Massively Bearish, Outlines ETH’s Path to Bullish Trend appeared first on The Daily Hodl .