XRP traders are eyeing a rally, Kalshi taps Solana, Peter Schiff fails to authenticate gold bar during onstage test with CZ: Hodler’s Digest Two long-dormant Casascius coins each backed by 1,000 Bitcoin have just been activated as of Friday, unlocking more than $179 million stashed away for more than 13 years. Onchain data indicates that one of the Casascius coins was minted in October 2012, when Bitcoin was trading for $11.69. The other was minted earlier in December 2011, when Bitcoin was valued at only $3.88, giving that Casascius coin a theoretical return of about 2.3 million percent, not including the cost of minting. Read more
Bubblemaps CEO Nick Vaiman said Sybil attacks are increasing across presales and airdrops, calling on teams to use KYC or algorithmic detection. A Solana presale event encountered distribution issues after a bot farm reportedly used over 1,000 wallets to snipe nearly the entire Wet (WET) token sale in seconds. Hosted through the decentralized exchange aggregator Jupiter, the presale sold out almost instantly. But genuine buyers effectively had no chance to participate because a single actor dominated the presale, according to organizers. Solana automated market maker (AMM) HumidiFi, the team behind the presale, confirmed the attack and scrapped the launch entirely. The team said it would create a new token and hold an airdrop to legitimate participants while explicitly excluding the sniper. Read more
Solana’s supply crunch and liquidity inflows kept the price above $120, but demand from futures traders remained subdued. Solana’s (SOL) onchain flows are flashing a powerful supply-side shift with the crypto asset hovering just above the $120 support zone, but market participation still needs to intensify to turn this structural advantage into upside momentum. Key takeaways: $2.12 billion USDC flowed into Binance while $1.11 billion SOL exited, forming a textbook bullish structure around the $120 level. Read more
Ryan Navi will guide Forward Industries’ Solana treasury strategy as digital asset companies’ shares face steep market declines. Top SOL treasury company Forward Industries has appointed Ryan Navi as chief investment officer to oversee the execution of the company’s Solana-focused treasury strategy. According to Monday’s announcement, Navi will handle sourcing and structuring capital markets opportunities and direct how Forward Industries uses its staking and validator infrastructure to support the accumulation of (SOL), Solana’s native token. Navi joins Forward Industries after leading digital-asset investments at ParaFi Capital and previously serving as a principal at investment company KKR, where he focused on liquid and distressed credit strategies. He began his career in investment banking at Citi. Read more
The move could challenge other prediction platforms by providing Kalshi users with greater anonymity through tokenized buys and sales on the Solana blockchain. Predictions platform Kalshi has reportedly begun allowing users to buy and sell tokenized versions of its event contracts on the Solana blockchain. According to a Monday CNBC report, Kalshi has moved closer to courting cryptocurrency users by offering tokenized contracts, which are now live on Solana. The move tokenized bets on the predictions platform, which includes US elections, sports and more, making them tradeable on the blockchain. “There’s a lot of power users in crypto,” John Wang, Kalshi’s head of crypto, told CNBC. “This is about tapping into the billions of dollars of liquidity that crypto has, and then also enabling developers to build third-party front ends that utilize Kalshi’s liquidity.” Read more