MANTRA’s native token has come under sharp selling pressure after the MANTRA Chain network stopped producing blocks, with the project citing an unexplained incident and ordering a precautionary halt. The pause has also triggered practical disruptions for users, as assets can’t move on the chain and exchanges have suspended deposits and withdrawals while they assess impact.
According to CoinGecko data, MANTRA fell from $0.005060 to an all-time low of $0.004126 shortly before 11:00 pm UTC on Thursday. Although the token later recovered to around $0.0044, it remained down roughly 10% over the past 24 hours. At the same time, trading volume reportedly climbed nearly 600% to $24 million, reflecting heightened attention around the outage.
Key takeaways
MANTRA Chain halted block production and froze endpoints and transactions as a precaution while the team investigates an incident.
CoinGecko shows MANTRA trading near a record low around 11:10 pm UTC Thursday, followed by a partial rebound.
MANTRA’s status information describes a full outage affecting public endpoints, validators, bridge migration operations, and IBC relays.
No root cause, timeline, or statement about whether assets were lost has been provided yet.
Because the network is halted, exchanges and related services have paused deposits and withdrawals with no restart schedule.
Token rout coincides with a network halt
The timing of MANTRA’s sharp drop tracked closely with the chain’s sudden stop. CoinGecko’s pricing shows the token hitting its low around 11:10 pm UTC Thursday. A subsequent rebound to roughly $0.0044 did not erase the damage, as the token remained around 10% lower on the day.
While price swings during infrastructure disruptions are common, what stands out here is how quickly sentiment appears to have shifted once block production stopped. The volume spike to about $24 million—reported as nearly 600% higher—suggests many market participants were reacting to the operational halt and the uncertainty around what it means for funds on-chain.
MANTRA says endpoints and transactions are frozen
In a post Friday on X, MANTRA said it was “aware of an incident affecting MANTRA Chain” and had halted the network as a precaution while investigating. The project emphasized that it did not yet have a root cause or timeline to share.
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Critically for users, the team stated that all endpoints and transactions were frozen. In practical terms, that means the chain is unable to process activity—so transfers, contract interactions, and bridging-related operations depending on on-chain state cannot proceed.
Consistent with that, multiple exchanges have reportedly paused deposits and withdrawals for affected users. With no timeline provided, users may face delays even if funds were never compromised—because services typically wait until they can confirm that the network is operating safely again.
Status page lists a full outage across critical components
MANTRA’s status page classified the incident as a full outage affecting public endpoints, validators, bridge migration operations, and MANTRA-managed Inter-Blockchain Communication (IBC) relays. The team also said it would not restart the network until it was confident it was safe.
Operationally, the last recorded block provides a reference point for the stoppage. MANTRA’s public RPC status listing showed block 17,449,398 produced at 11:13 pm UTC on Thursday as the latest block. The initial incident notice was posted at 11:44 pm UTC, after CoinGecko data showed the token reaching its low around 11:10 pm UTC.
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As of this reporting, MANTRA has not clarified whether the token’s price movement was directly related to the outage, nor has it confirmed whether any assets were lost or placed at risk. Cointelegraph said it contacted the MANTRA team for additional information but did not receive a response by publication.
What this means for a token that has already faced major disruptions
This latest event lands after a turbulent history for MANTRA’s token ecosystem. Earlier coverage from Cointelegraph noted that MANTRA’s former OM token collapsed in April 2025, falling by more than 90% from about $6.30 to below $0.50 and wiping out more than $5 billion in market value. That kind of drawdown can leave parts of the market more sensitive to operational uncertainty, especially when outages prevent movement of assets.
Broader corporate developments have also shaped MANTRA’s narrative. In June, Cointelegraph reported that Inveniam Capital Partners announced plans to acquire MANTRA after investing $20 million in 2025. The acquisition followed January layoffs and restructuring, after CEO John Patrick Mullin described 2025 as the project’s most challenging year.
Against that backdrop, the chain halt raises investor questions that go beyond short-term price action: whether operational reliability is improving, how quickly the team can identify and remediate incidents, and what safeguards exist for bridges and IBC relays—components specifically listed by the status page as impacted.
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With MANTRA Chain still halted, the immediate priority for market participants is clarity: readers should watch for an update that provides a root cause assessment, confirms asset safety, and outlines conditions for restart. Until then, the key uncertainty is whether this was an isolated infrastructure failure or a signal of deeper systemic risk—and how quickly exchanges and on-chain services can safely resume deposits and withdrawals.
Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure
Ripple CEO Brad Garlinghouse is using his company’s own legal bill as evidence that Washington’s approach to digital assets has a direct, measurable cost. Garlinghouse has said Ripple spent roughly $150 million fighting the SEC over more than four years
On the same occasion, Garlinghouse also noted that a majority of the company’s hiring during that stretch happened outside the United States. It’s as proof that regulatory ambiguity pushes capital and jobs offshore, not just headlines into court dockets.
RIPPLE CEO: "The status quo is not good enough." Brad Garlinghouse says Ripple spent MILLIONS fighting the SEC over four years, while 80% of its hiring happened outside the U.S. as a result. He says America needs clear crypto rules to protect users and keep innovation at home… https://t.co/BaNrlR5RZNpic.twitter.com/HwLONKul9y
The SEC sued Ripple, Garlinghouse, and co-founder Chris Larsen in December 2020, alleging the company raised funds through unregistered securities sales of XRP. The case dragged through multiple rulings before both sides filed a joint stipulation dismissing their appeals in August 2025, per the SEC’s own litigation release, leaving a $125,035,150 civil penalty and a registration-related injunction in place.
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That outcome distinguished between institutional sales and secondary-market trading of XRP rather than declaring the token categorically exempt from securities law. It’s a nuance that matters when Ripple invokes the case as a template for how crypto assets should be regulated going forward.
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Garlinghouse has previously called the resolution a long overdue surrender by the SEC, arguing the agency pursued the case to intimidate the industry rather than to police fraud.
Selig Declares an End to Regulation by Enforcement
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The renewed attention to Ripple’s legal costs surfaced around an August 19 White House innovation meeting that brought crypto executives together with regulators to discuss digital-asset policy and the stalled CLARITY Act. CFTC Chair Michael Selig used the appearance to draw a hard line under the prior enforcement posture.
Selig said, adding that innovators were now being welcomed to the White House instead of being “railroaded to the big house.” He also said additional regulatory roadmap details would follow at the CFTC’s inaugural Innovation Advisory Committee meeting on August 20, whose published agenda covers digital assets, tokenized collateral and emerging financial products.
BREAKING: CFTC Chairman Selig says he “remains hopeful” Congress will get CLARITY to President Trump’s desk and lock in durable crypto rules. “Passing CLARITY is the surest way that we can prevent another Gary Gensler from running a rogue campaign of lawfare.” If the bill… pic.twitter.com/DuyYptBdLe
Garlinghouse, who attended alongside SEC Chair Paul Atkins and executives from Coinbase, Kraken, Gemini, Robinhood, Nasdaq and Intercontinental Exchange, posted his own read on the meeting afterward.
Garlinghouse said, citing a figure of 67 million Americans, or close to one in four people, are now holding crypto. That’s the political backdrop against which he’s positioning Ripple’s litigation history: not as a closed chapter, but as a cautionary case study lawmakers should point to when arguing for a formal SEC regulatory pathway for crypto issuers.
Beyond Ripple and SEC: Why the CLARITY Act Is the Real Stakes
The practical argument underneath Garlinghouse’s comments is that the CLARITY Act would replace the case-by-case litigation model that consumed Ripple legal budget with a defined split of jurisdiction between the SEC and CFTC. That’s the same logic driving industry proposals for a token safe harbor that would let projects raise funds and build networks without facing an enforcement action years into their operating history.
Whether that framework moves through Congress this session remains an open question, and Ripple’s own post-litigation position, including its financial standing after the SEC dispute, will likely stay a reference point in that debate regardless of the outcome.
Selig’s comments suggest the CFTC intends to move on rulemaking with or without a finished statute, but a durable division of authority between regulators still requires legislative action rather than agency posture alone.
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For traders, the immediate takeaway isn’t a new legal threat to XRP – the SEC’s case against Ripple is closed, with the penalty and injunction from the district court’s judgment standing as final. The relevant signal is political: a sitting CFTC chair publicly renouncing enforcement-led regulation, with Ripple’s leadership in the room, tightens the odds that market-structure legislation gets prioritized before the next election cycle rather than shelved again.
The U.S. Strategic Bitcoin Reserve made news on March 6, 2025, with an executive order that sets out how government-held Bitcoin may be managed and permits the development of budget-neutral strategies for acquiring additional Bitcoin. The order does not establish an open-market purchasing program or specify an amount of additional Bitcoin to be acquired.
That framework has kept attention on the role that government demand could play alongside institutional and corporate interest in Bitcoin. It also provides the policy context for the $1.5 million Bitcoin bull case associated with Cathie Wood in reporting by TheStreet.
Jim Cramer says he was told President Trump is buying Bitcoin for the US strategic reserve during the crash this week. "I heard at $60k he's gonna fill the Bitcoin Reserve." pic.twitter.com/1VAAp2jK4d
The March 6 executive order establishes a Strategic Bitcoin Reserve and a separate United States Digital Asset Stockpile for government-held digital assets other than Bitcoin.
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Under the order, the reserve is capitalized with Bitcoin held by the Treasury Department that has been finally forfeited through criminal or civil asset-forfeiture proceedings, or in satisfaction of certain civil money penalties. Agencies were directed to review their authority to transfer Government Bitcoin they hold to the reserve and report the results to the Treasury secretary.
Bitcoin deposited into the Strategic Bitcoin Reserve is not to be sold and is to be maintained as a reserve asset of the United States, subject to applicable law. The order describes Bitcoin as having a permanently capped supply of 21 million coins and says the government holds a significant amount of BTC, without providing a total holdings figure.
Authority to Explore Additional Bitcoin Acquisition
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The order directs the Secretaries of the Treasury and Commerce to develop strategies for acquiring additional Government Bitcoin. Those strategies must be budget-neutral and must not impose incremental costs on U.S. taxpayers.
Trump deferred to regulators when asked whether the government would buy more Bitcoin When he was asked about accumulating Bitcoin or other crypto at the White House meeting, he said the subject had been discussed and that he would "rely on Paul and the whole group for that." He… pic.twitter.com/rHrHZSjqCG
The accompanying White House fact sheet likewise states that Treasury and Commerce are authorized to develop budget-neutral acquisition strategies. The directive addresses strategy development; it does not identify a purchase amount, schedule, or acquisition method.
The executive order treats the non-Bitcoin stockpile differently. It says the government will not acquire additional stockpile assets beyond those obtained through forfeiture proceedings or civil money penalties without further executive or legislative action. The Treasury secretary may determine stewardship strategies for that stockpile, including potential sales.
TheStreet reported that ARK Invest’s multi-scenario Bitcoin framework places its 2030 base case near $730,000 to $750,000 and its bull case at $1.5 million. The report described the bull case as resting on institutional adoption, Bitcoin’s fixed supply, and its emergence as a legitimate digital store of value.
Bitcoin’s 21 million-coin supply cap is stated in the executive order. The order also says that a fixed supply creates a strategic advantage for nations that are among the first to create a strategic Bitcoin reserve. Those statements explain why the reserve’s acquisition authority is relevant to the discussion of Bitcoin demand, even though the order does not set out an active buying program.
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Bitcoin is trading above $75,000 at the time of writing, after trading below $65,000 four days earlier. Most news confirmed that Bitcoin was also traded near $35,000 four years earlier before reaching $126,000 in October 2025. Those figures provide context for the scale of a $1.5 million long-term bull case, but they do not establish a future outcome.
A person holds a PopMart Labubu The Monsters Big into Energy Series Vinyl Plush dolls during a press preview at an AliExpress pop-up store in London, Britain, Nov. 11, 2025.
Isabel Infantes | Reuters
Shares of Pop Mart fell over 4% in Hong Kong on Friday after the Labubu maker reported first-half results that showed declining sales in Asia-Pacific and the Americas.
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For the period ended in June 30, the toy maker reported a 23.8% year-over-year rise in first-half revenue to 17.17 billion yuan ($2.55 billion). But the growth was unequal: in Asia Pacific ex-China it fell 9.7%, and dropped 16.5% in the Americas. Revenue in China, meanwhile, jumped 47.3%.
Citi said the results came in below expectations, citing pressure in overseas markets, where sales declined 11% year over year. The company has faced challenges globally ranging from inventory management, supply chains to warehousing and logistics and store operation, according to Citi.
The bank now expects Pop Mart’s group revenue to decline 8% year-over-year in 2026 and lowered its price target to HK$198. Citi said management now sees its initial 20% revenue growth target for 2026 as difficult to achieve, given more challenges than expected and competitive pressure.
The shares were recently down 3.9% to HK$147.70 ($18.84).
[PRESS RELEASE – Panama City, Panama, August 21st, 2026]
Finassets.io, a crypto payment gateway for businesses, has added USDC (SOL) to its Back Office, giving merchants a cost-effective network for stablecoin payments.
Solana is among the fastest, lowest-cost networks for settling USDC today, and Finassets, a B2B crypto payment infrastructure provider, has added support for USDC Solana (SOL) payments across its platform. Merchants can now accept and process USDC (SOL) alongside 70+ other supported cryptocurrencies, using the same Back Office, payment button, checkout, and API already in place.
Solana already carries billions in USDC
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Solana holds the second-largest share of circulating USDC after Ethereum, at roughly $6.7 billion of Circle’s total supply, on a network built for higher throughput than most alternatives. Solana’s mainnet has also run without an outage for more than two years.
Built for stablecoin payments across multiple assets
USDT and USDC already run across multiple networks in the Finassets Back Office, and USDC (SOL) extends that setup rather than adding a separate product. With Auto-Convert, incoming crypto is converted to a stablecoin as soon as the payment arrives, with the rate fixed at that moment, protecting merchants from price changes.
Network choice still affects the two numbers that matter most to a merchant, what a transfer costs and how long it takes to confirm. Solana comes out faster and cheaper than Ethereum on both, which makes it one of the most cost-effective networks for settling USDC right now.
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*Fees rise during congestion, and have historically pushed Ethereum transfer costs well above $100.
No new integration required for existing merchants
Merchants already using Finassets can enable USDC (SOL) directly in the Back Office, through the same payment button, checkout, and API already connected. Those onboarding now choose one of two integration methods:
Payment button. Installs on a website or online store with no backend development; customers pay directly from a Solana wallet.
API integration. Generates a unique Solana wallet address per transaction and tracks transaction details, including destination and confirmation, via webhook.
Both paths include sandbox access and step-by-step setup documentation for testing before go-live.
“USDC on Solana is one of the most efficient stablecoin payment options available today. It combines a widely used dollar stablecoin with one of the fastest and lowest-cost networks. We added it to give merchants a faster, more cost-effective way to move USDC, especially when they’re processing payments at scale.” said Vitalijs F., CEO of Finassets.
USDC (SOL) uses the same Finassets infrastructure
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Once enabled, USDC (SOL) follows the same operational rules as every other asset Finassets supports.
Transaction status and history tracked per asset in the Back Office
Deposits typically credited within about 30 seconds of network confirmation
Security runs at the same standard across every asset: MPC-based wallet technology, two-factor authentication, role-based access control, and IP whitelisting.
USDC (SOL) support is available to eligible merchants in selected international markets, subject to Finassets programme terms, verification, and applicable compliance requirements.
Finassets is a low-fee crypto payment gateway for iGaming and eCommerce. It’s a payment infrastructure covering a crypto payment button, crypto checkout, crypto invoicing, crypto mass payouts, B2B crypto exchange, and crypto payment API integration. Merchants can accept 70+ cryptocurrencies, including stablecoins like USDT and USDC across multiple networks. Fees start from 0.40% down to 0.20% as volume grows, with no hidden fees and full visibility into every transaction.
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Founded in 2021, Finassets is a Panama-registered B2B crypto payment infrastructure provider supporting cross-border and crypto-driven businesses across eligible markets.
South Korean lawmakers have introduced legislation that would give the Financial Intelligence Unit direct authority to investigate suspected unregistered crypto businesses instead of relying mainly on police referrals.
Summary
South Korean lawmakers have proposed giving the FIU direct powers to investigate unregistered crypto businesses.
The FIU could analyze suspected violations, file complaints and request criminal investigations under the bill.
Police suspended inquiries into 23 of 25 unregistered crypto operators referred by the FIU between August 2022 and August 2025.
The FIU said in June that 28 crypto providers were registered and 40 suspected illegal operators had been referred to authorities.
Yonhap reported that People Power Party lawmaker Eom Tae-young and nine other lawmakers filed the amendment on Thursday, proposing new powers under the Act on Reporting and Using Specified Financial Transaction Information, commonly known as the Specific Financial Information Act.
Under the bill, any person could report a suspected violation of the law directly to the FIU. Once a report is received, the financial intelligence agency would be allowed to investigate and analyze the suspected conduct before deciding whether further action is required.
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The proposal would also allow the FIU to file complaints with relevant authorities, request criminal investigations, and hand information gathered during its review to investigators. Such powers would change the current process, under which the FIU can identify suspected unregistered operators but must depend on police and other investigative agencies to pursue most cases.
The bill has only been introduced and must pass the National Assembly before the proposed changes can take effect.
FIU could directly investigate unregistered crypto businesses
Lawmakers proposed the additional powers after enforcement data raised questions over how effectively cases involving overseas crypto operators were being pursued once they left the FIU.
According to Yonhap, police suspended investigations or preliminary inquiries into 23 of the 25 unregistered virtual asset service providers referred by the FIU between August 2022 and August 2025.
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The companies and people connected to the cases were reportedly located outside South Korea, making investigations more difficult for domestic law enforcement agencies.
Giving the FIU investigative and analytical powers at an earlier stage would allow the agency that first identifies suspected registration violations to collect information before a case moves to another authority.
South Korea requires companies providing virtual asset services to residents of the country to register with the FIU, including foreign companies that actively serve South Korean customers.
As crypto.news previously reported, the FIU said in June that only 28 virtual asset service providers were registered at the time, while about 40 suspected illegal operators had been referred to investigative authorities.
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The regulator said foreign businesses must follow the same registration requirements when they provide services to South Korean residents. Companies seeking registration must also meet local compliance requirements, including Information Security Management System certification.
Overseas operators have remained a key FIU enforcement problem
The FIU’s June enforcement warning provided details on how some unregistered foreign crypto businesses were reaching South Korean customers while attempting to limit their visible presence in the country.
According to the agency, some overseas operators recruited customers through Telegram and KakaoTalk open chat rooms while offering customer service in English, a setup regulators said could make their domestic activities less obvious.
Authorities also identified private currency exchange businesses selling stablecoins and other virtual assets to international students, tourists, foreign workers and people seeking transactions without disclosing their identities.
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Some operators exchanged digital assets directly for Korean won or other fiat currencies, while promoters were paid to advertise foreign crypto services through YouTube channels, Telegram groups and online communities, the FIU said.
The agency warned that customers using unregistered services could face exposure to fraud, hacking and personal data leaks. Because such businesses operate outside the registered system, the FIU also said users could have difficulty recovering funds when an operator failed to deliver purchased assets.
Money laundering has remained another concern for regulators. The FIU said unauthorized crypto platforms and private exchange services could be used to conceal criminal proceeds or facilitate transfers that avoid standard checks applied by registered financial firms.
The newly introduced bill would allow the agency to pursue suspected violations of the Specific Financial Information Act itself before requesting assistance from another investigative body.
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South Korea has tightened AML rules for registered exchanges too
Regulatory attention has not been limited to companies operating without registration.
Earlier this year, domestic exchanges objected to proposed changes that would require them to report overseas-linked crypto transfers worth at least 10 million won as suspicious transactions.
A May regulatory proposal drew objections from the Digital Asset Exchange Alliance, which represents registered virtual asset service providers in South Korea.
DAXA estimated that the rule could increase annual suspicious transaction reports at Upbit, Bithumb, Coinone, Korbit and Gopax from about 63,000 to more than 5.4 million.
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The association argued that applying an automatic monetary threshold could cause large numbers of ordinary overseas transfers to be reported regardless of the risk attached to the customer or counterparty.
The dispute also involved the treatment of foreign platforms. Regulators have sought stricter controls on transactions involving overseas virtual asset service providers, while local exchanges have asked authorities for clearer standards for determining which foreign businesses should be treated as high risk.
Enforcement decisions under the same financial information law have already produced court challenges. In April, a Seoul court overturned a three-month partial suspension imposed on Dunamu, the operator of Upbit, after the FIU alleged 44,948 transactions involving 19 unregistered overseas platforms.
Bithumb separately secured a court stay against a six-month partial suspension after regulators accused it of customer verification failures and dealings with unregistered foreign companies. Coinone also obtained temporary court relief from enforcement measures connected to anti-money laundering and customer verification requirements.
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Cross-border crypto transfers face separate registration rules
South Korea has also created another regulatory route for businesses moving digital assets across national borders.
Under amendments to the Foreign Exchange Transactions Act, companies handling cross-border virtual asset transfers will have to register with the Ministry of Economy and Finance when the framework takes effect in December.
A June licensing report detailed how authorities were preparing enforcement regulations that could allow eligible fintech companies, alongside crypto businesses, to provide blockchain-based cross-border remittance and foreign exchange services.
The South Korean government promulgated the revised law on June 2 with a six-month grace period. Once implemented, virtual asset transfers involving South Korea and another country will fall under the country’s regulated foreign exchange system.
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Companies seeking to provide the service will need to register with the finance ministry and report qualifying overseas transfers through the Bank of Korea’s foreign exchange reporting network.
Authorities have said crypto transfers previously operating outside the formal foreign exchange reporting system created risks involving illicit foreign exchange transactions and money laundering.
Applicants under the new framework must first complete virtual asset service provider registration, connect their systems to institutions responsible for transmitting foreign exchange and digital asset transaction data, and satisfy additional requirements covering facilities and qualified personnel.
Marvell Technology (MRVL) stock jumped Wednesday after the fabless chipmaker announced a deal to develop chips for Alphabet (GOOGL) unit Google. Marvell also issued to Google a warrant to purchase up nearly 59 million shares of Marvell stock at an exercise price of $206.58 per share. On the stock market today, Marvell stock surged 9.9% to 237.27. Meanwhile, rival Broadcom…
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Spot bitcoin ETFs pulled in $606 million on Aug. 20 and ether funds $221 million, both bigger than the prior day, confirming the institutional bid behind bitcoin’s run.
Web browser and AI agent maker Opera (OPRA) on Wednesday beat analyst estimates for the second quarter but offered a soft revenue outlook for the full year. Opera stock fell on the news. The Oslo, Norway-based software company earned 30 cents a share on sales of $178.1 million in the June quarter. Analysts polled by FactSet had expected earnings of…
Solana started halving its block time, taking the first step from 400 milliseconds down toward 200. The first cut lands at epoch 1020, one of the roughly two-day windows the network uses to schedule changes.
Anza’s Agave software carries all four steps, and each one switches on separately. Solana will end up producing a new block every fifth of a second.
Solana Doubles Its Blocks Per Second
Today Solana makes about 144 blocks per minute, or roughly two and a half every second. At 200ms that rate doubles to 300 blocks a minute.
Faster does not mean bigger. Each block shrinks in step with the clock, so the network carries the same total load. Blocks simply arrive twice as often in smaller pieces.
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The rollout runs in four steps of 50 milliseconds each. Validators can pause the sequence at any point if too many blocks start getting skipped. Anza has called its timetable tentative for that reason.
The live tracker at solana.com/200ms showed 96.7% of stake already running the required software. Meanwhile, 690 validators and 435 million SOL in active stake sat behind the upgrade.
Solana block time dashboard. Source: Tracker solana.com/200ms
Reliability stays the open question. Solana came within reach of a network halt in August after a routing fault knocked 28.83% of staked SOL offline. Validators were also slow to adopt an urgent patch earlier in 2026.
Bitcoin produces one block every 10 minutes. Solana at 200ms would turn out 3,000 blocks in that same window.
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Ethereum runs closer to 12 seconds per block. Solana already ticks roughly 29 times faster, and the gap widens to 60 times at the final stage.
Those numbers flatter Solana, yet finality tells a different story. Solana needs about 13 seconds to settle a transaction for good. Ethereum takes closer to 13 minutes, while Bitcoin asks for about an hour.
Alpenglow, a consensus overhaul targeting 150ms finality, attacks that second gap. Anza has penciled in the third quarter for its first phase, carried by the Agave 4.3 release. Shorter blocks and faster settlement therefore solve different halves of the same problem.
Traders Reward the Speed Push
Co-founder Anatoly Yakovenko, who posts as toly, framed the pace against an earlier cut.
That comparison sets a rough expectation for the remaining stages. However, Anza has committed to no firm dates.
SOL traded near $89 after a 5.8% daily gain. The move holds the token seventh by market cap at $52.3 billion. A dormant whale that banked $20 million in 2023 also returned to buy SOL on Tuesday.
The token rode a wider meme coin rally worth $3 billion in a single day. Grayscale separately named the network among altcoins positioned to benefit from new US token rules. Faster blocks strengthen that pitch, provided Solana keeps its skip rate steady.
SEC over four years, while 80% of its hiring happened outside the U.S. as a result.
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