Solana price surged above $241 after Galaxy Digital purchased over $700 million in SOL on behalf of Forward Industries, driving a near-term 6% gain and ~19% weekly rise. Institutional treasury
Big banks weren’t happy with a key provision of the GENIUS Act, and want lawmakers to right the wrong in the crypto market structure bill.
Tether plans a new chapter in dollar-linked tokens, unveiling USAT—a planned U.S.-regulated, dollar-backed stablecoin—and naming Bo Hines as CEO-designate of Tether USAT. Tether’s Next Act: A U.S.-Regulated Dollar Token Called USAT Framed as a U.S. product from day one, USAT will target businesses and institutions that want a digital cash alternative governed by strict standards
Solana hit its highest price since January on Friday, following massive Galaxy buys likely tied to a treasury firm.