Base leader: Base chain daily coin issuance exceeds Solana
Jesse Pollak, head of Base, posted on the X platform that Blockworks data showed that the number of ERC tokens created on the Base chain on April 19 exceeded 50,000 (51,835), exceeding Solana's daily 41,642 tokens (of which Pump.Fun contributed 32,135).
Galaxy Digital is suspected of selling ETH in exchange for SOL
According to Lookonchain monitoring, Galaxy Digital transferred 65,600 ETH (about US$105 million) to Binance in the past two weeks, and withdrew 752,240 SOL (about US$98.37 million) from Binance, suspected of exchanging ETH for SOL.
Paradigm transfers 5,500 ETH to Anchorage, possibly as a precursor to a sale
According to Yu Jin, Paradigm transferred 5,500 ETH (about 8.66 million USD) to the institutional brokerage platform Anchorage about 3 hours ago. In the past year, Paradigm has transferred a total of 96,955 ETH to Anchorage, with a total value of about 302 million USD and an average price of about 3,110 USD. Previously, similar operations were usually followed by subsequent transfers to exchanges such as Coinbase and Binance, which were suspected to be preparations for sales.
Hyperlane: HYPER token claims will open tonight at 20:00
According to Hyperlane’s announcement, HYPER token applications will be officially opened at 20:00 Beijing time on April 22.
Galaxy Digital transferred 5,000 ETH to Binance 8 hours ago
According to The Data Nerd, Galaxy Digital transferred another 5,000 ETH to Binance 8 hours ago, which is about $8.11 million. In the past week, it has transferred a total of 65,280 ETH to various exchanges, about $105 million. It currently still holds about 55,760 ETH, worth about $87.86 million.
The three major U.S. stock indexes all fell by more than 2%, and gold hit a new record high
TradingView shows that this morning, US stocks fell sharply. As of the close, the S&P 500 index fell 2.36% to 5158.2 points; the Nasdaq Composite Index fell 2.55% to 15870.9 points; and the Dow Jones Industrial Average fell 2.48% to 38170.41 points. Gold hit a new record this morning. This morning, London spot gold hit $3,440/ounce, and the New York Mercantile Exchange (COMEX) gold futures contract hit $3,442/ounce.
Coinbase will support RSR token trading on the Base network
Coinbase announced that it will support the trading of Reserve Rights (RSR) tokens on the Base network. Users should not transfer funds through other networks to avoid losing assets. If liquidity conditions are met, the RSR-USD trading pair will be launched in stages after 0:00 am on April 23, 2025, Beijing time. Trading restrictions may exist in some regions.
PumpFun deposited another 95,934 SOL to Kraken, worth $13.34 million
According to Onchain Lens, PumpFun deposited another 95,934 SOL worth $13.34 million to Kraken. In 2025, PumpFun sent a total of 1,818,889 SOL worth $324.06 million.
Galaxy Digital withdraws another 123,058 SOL from Binance, equivalent to approximately $17.1 million
According to SolanaFloor monitoring, Galaxy Digital continued to accumulate SOL and withdrew another 123,058 SOL (about $17.1 million) from Binance. In the past 7 days, the company has withdrawn $95 million of SOL from crypto exchanges.
Hyperlane (HYPER) Launched on Binance HODLer Airdrop
According to the official announcement, Binance HODLer airdrops are now live with the 15th project – Hyperlane (HYPER), a permissionless cross-chain interoperability communication protocol between different blockchains. From 08:00 on April 14, 2025 to 07:59 on April 18, 2025 (ET8), users who subscribe to guaranteed principal earning (regular and/or current) or on-chain earning products with BNB will receive airdrop allocations. HODLer airdrop information is expected to be available within 12 hours, and the new tokens will be distributed to users' spot wallets at least 1 hour before trading begins. Binance will list HYPER at 21:00 on April 22, 2025 (ET8), and open trading pairs for USDT, USDC, BNB, FDUSD and TRY, subject to seed tag trading rules. HYPER recharge channel will be open in 1 hour. HYPER HODLer Airdrop Details: Total Genesis Token Supply: 802,666,667 HYPER Token Maximum Supply: 1,000,000,000 HYPER (inflation rate is set at 8,000,000 per year, 1% in the first year, and gradually decreasing thereafter); Total HODLer Airdrop Tokens: 20,000,000 HYPER (2.49% of the total Genesis Token Supply); Circulating Supply at the time of Binance Listing: 175,200,000 HYPER (21.83% of the total Genesis Token Supply).
An address holding 15 million USDT was frozen
According to Whale Alert monitoring, an address holding 15 million USDT has just been frozen.
Binance Wallet to Host Hyperlane (HYPER) Token Generation Event
According to official news, Binance Wallet announced that it will hold the 11th exclusive token generation event (TGE) through PancakeSwap in cooperation with Hyperlane (HYPER) from 17:00 to 19:00 on April 22, Beijing time. Participants must complete a valid purchase of at least $20 worth of Binance Alpha tokens through Binance Wallet (keyless version) or Binance Exchange between 00:00:00 on March 22, 2025 (UTC) and 23:59:59 on April 20, 2025 (UTC). An additional 10,000,000 HYPER will be allocated for future marketing activities.
Upexi shares could rise 639.2% due to Solana’s financial strategy
The market shows that the share price of Nasdaq-listed Upexi rose by 639.20% to $16.78. Earlier news, GSR led a $100 million private placement in U.S.-listed Upexi to support its financial strategy based on Solana.
Musk may announce his exit date from US Government Efficiency on Tuesday
According to a report from Fox Business Channel, Tesla CEO Elon Musk may indicate when he will leave the Department of Government Efficiency (DOGE) during an earnings call after the latest quarterly results are released on Tuesday. Previously, Musk and the White House denied reports that he would leave the agency, but insisted that his tenure there was temporary.
According to official news, the on-chain token distribution protocol Sign announced the SIGN token economics, with a total supply of 10 billion tokens, which will be minted on the Ethereum mainnet and distributed through BNB Chain and Base. 40% of the token distribution is allocated to community incentives (10% of which are TGE airdrops, 30% are community rewards and future airdrops), 20% to supporters, 10% to early team members, 10% to the ecosystem, 20% to the foundation, 12% to core contributors, 3.5% to liquidity incentives, 2% to the compliance budget, 2% to the operating budget, and 0.5% to donations. The on-chain asset snapshot will be taken at 20:00 Beijing time on April 25. Earlier in January, Yzi Labs announced an investment of US$16 million in the token distribution on-chain infrastructure Sign.
Initia announces INIT token economics: total 1 billion, 5% airdrop
The full-chain Rollup L1 network Initia announced the INIT token economics, with a total supply fixed at 1 billion, of which 5% is used for airdrops. In addition, the foundation accounts for 7.75%, the protocol developers account for 15%, and the protocol sales account for 15.25%. For the initial CEX liquidity boot, 6% of the total supply is allocated to the Binance listing event.
Trump: There is almost no inflation, calls on Powell to lower interest rates
According to Jinshi, Trump said that inflation is almost non-existent and called on Powell to lower interest rates. Unless interest rates are lowered, economic growth may slow down.
Source: Paul Atkins to be sworn in as SEC Chairman as early as Tuesday
FOX reporter Charles Gasparino said that he learned from Wall Street sources that Paul Atkins will be sworn in as chairman of the U.S. SEC as early as Tuesday.
According to the official blog, decentralized GPU cloud computing provider Aethir announced the launch of "AI Unbundled", an industry-wide alliance aimed at supporting the development of Web3 AI. Through "AI Unbundled", Aethir will ally with other leaders in the fields of AI and Web3 to accelerate the growth of the AI industry. Members of the "AI Unbundled" alliance include 0G Labs, Biconomy, ChainGPT, GEODNET, IoTeX, Oasis Protocol, FLock.io, OORT, DeAgent AI, Polyhedra, iExec, and AlphaNeural AI. Through this alliance, Aethir and its ecosystem partners will provide tailored end-to-end infrastructure support for AI builders.
Spot gold breaks through $3,410, with a cumulative increase of about 30% so far this year
According to Jinshi.com, spot gold broke through the $3,410/ounce mark, setting a new historical high. The intraday increase widened to 2.4%, the cumulative increase this month exceeded 9%, and the cumulative increase so far this year is about 30%.
According to Decrypt, cryptocurrency trading and investment company GSR announced today that it has made a $100 million private equity investment (PIPE) in Upexi, Inc. (NASDAQ: UPXI), a brand owner focused on the development, manufacturing and distribution of consumer products. The investment was made after Upexi announced a strategic transformation to a cryptocurrency-based treasury strategy designed to achieve long-term value-added and returns for shareholders. Upexi has committed to establishing a Solana treasury strategy, including accumulating and staking Solana.
MANTRA plans to destroy 300 million OM tokens, including 150 million OM in the team token allocation
MANTRA announced in an official blog post that its CEO and founder John Patrick Mullin will destroy 150 million tokens from its team token allocation. This destruction is a commitment made to the community last week to rebuild trust. Team and core contributor tokens are staked at the mainnet launch in October 2024 to initiate network security. Currently, the process of unstaking 150 million tokens from the team and core contributor token pool has begun. The unstaking period will be completed on April 29, 2025. Once the process is over, all tokens will be sent directly to the destruction address. These tokens will be permanently removed and the total supply will be reduced by 150 million OM tokens accordingly. In addition, MANTRA is in ongoing communication with key ecosystem partners and plans to destroy an additional 150 million OM tokens, which will bring the total destruction to 300 million OM tokens. After unbonding, MANTRA Chain will destroy 150 million OM tokens, reducing the total supply from 1.82 billion OM tokens to 1.67 billion OM tokens, while the staked tokens will be reduced from 571.8 million OM tokens to 421.8 million OM tokens. This strategic destruction will reduce the staking rate from 31.47% to 25.30%, resulting in an increase in the annualized yield of staking. Once the destruction transaction is executed and confirmed on the blockchain, full verification information will be provided.
Binance Alpha to List ZORA and Airdrop 4,276 Tokens to Qualified Users
According to Binance official news, Zora (ZORA) tokens will be available for trading on Binance Alpha starting at 21:00 (UTC+8) on April 23, 2025. All eligible* Binance users will receive an airdrop of 4,276 ZORA tokens in their Alpha accounts before 2025-04-23 21:10 (UTC+8). Eligibility is limited to users who have accumulated buy transactions of no less than US$50 using spot or asset accounts in the Alpha zone of the Binance centralized trading platform from 08:00:00 on March 22, 2025 (UTC+8) to 07:59:59 on April 21, 2025 (UTC+8).
Balance TGE is now live, EPT tokens are available for redemption
The Balance Foundation announced on the X platform that the Balance TGE is now live and EPT tokens are now available for redemption.
Strategy spent $555.8 million to increase its holdings of 6,556 bitcoins
According to official news, Strategy (formerly MicroStrategy) purchased 6,556 bitcoins between April 14 and April 20, with an average value of $84,785 (total: $555.8 million).
Binance Alpha adds Balance (EPT)
According to official news, Binance Alpha has added Balance (EPT).
Binance Alpha adds SPX, MOG, POPCAT, and CULT
According to official news, Binance Alpha has added SPX6900 (SPX), Mog Coin (MOG), Popcat (POPCAT) and Milady Cult Coin (CULT).
A whale deposited $1.69 million worth of MEME tokens into Binance and faced a loss of $9.48 million
According to Onchain Lens, a whale has deposited 773.66 million MEME tokens worth $1.69 million into Binance, facing a loss of $9.48 million. The whale acquired these MEME tokens at a price of $11.17 million in the past 11 months.
Telegram founder Pavel Durov posted on the official TG channel that France almost banned encryption last month. The Senate passed a law requiring communication applications to set up backdoors for police to access private information. Fortunately, the law was rejected by the National Assembly. However, three days ago, the Paris police chief spoke out again in support of the law. Because technically, there is no guarantee that only the police can access the backdoor. Once a backdoor is introduced, it may be used by other parties - from foreign spies to hackers. Therefore, the private information of all law-abiding citizens may be threatened. This law, which is intended to prevent drug trafficking, will not help fight crime in any way. Even if mainstream encrypted applications are weakened by backdoors, criminals can still communicate securely through dozens of smaller applications - and they are even more difficult to track thanks to VPNs. That's why Telegram would rather exit the market than undermine encryption technology and violate basic human rights through backdoors. Unlike some of our competitors, we will not sacrifice privacy for market share. No bytes of private information have ever been leaked at Telegram. Under the EU Digital Services Act, Telegram will also only disclose a suspect’s IP address and phone number if it receives a valid court order — not the content of the messages. Last month, freedom won. But it was also a reminder: We must continue to explain to lawmakers that encryption doesn’t exist to protect criminals — it exists to protect the privacy and security of ordinary people. Losing that protection would be tragic. And the fight is far from over. This month, the European Commission proposed a similar initiative to add backdoors to messaging apps. No country is immune to the gradual erosion of freedom.
Solana’s high staking yield briefly pushed its staking value above Ethereum
Solana’s total staked value (in USD) briefly surpassed Ethereum on April 20, Cryptoslate reported. According to staking data shared by Nansen CEO Alex Svanevik, Solana’s staked SOL tokens were worth more than $53.9 billion at their peak. This figure is slightly higher than Ethereum’s $53.7 billion staking market value on the same day. However, Solana’s lead was fleeting. At press time, Ethereum has regained the top spot, with a staked value of $56 billion, while Solana is $54 billion. Although Solana’s lead was only temporary, the event has reignited discussions about staking incentives, network security, and user behavior in both ecosystems. Market observers point out that an important factor in Solana’s rise is its attractive staking yield. According to Staking Rewards, Solana currently offers a network-level return of 8.31%, significantly higher than Ethereum’s 2.98%. This difference may prompt users to choose to stake tokens rather than participate in lending or provide liquidity through DeFi protocols. In addition, Solana’s staking participation rate is about 65%, showing active community participation. However, Solana lacks a severe punishment mechanism for misbehaving validators. Therefore, critics such as Ethereum researcher Dankrad Feist believe that while Solana encourages staking, it sacrifices economic security in the process.
Sources: Deutsche Bank, Standard Chartered explore expanding cryptocurrency business in the U.S.
A consortium of banks including Germany’s Deutsche Bank and Britain’s Standard Chartered are considering expanding their cryptocurrency operations to the United States, The Wall Street Journal reported, citing sources.
CryptoQuant analyst Carmelo Alemán wrote that on April 14, 2025, Bitcoin's realized capitalization (or Bitcoin's realized market value) hit a record high of $872,195,501,000. This is a strong signal: more investors are holding their Bitcoin and more money is flowing into the network; it also shows that people's confidence in the Bitcoin network and the asset itself is increasing, suggesting that Bitcoin may not have reached the top of the market cycle yet. Bitcoin's realized market value represents the total value of all Bitcoins in circulation based on the price at which they were last transferred on the blockchain. In short, it is the sum of all investments made when each Bitcoin was purchased, measured in US dollars. From a technical point of view, Bitcoin's realized market value is defined as: Realized market value = Σ (the number of Bitcoins in each unspent transaction output (UTXO) × the price at which the Bitcoin was last transferred).
According to Lookonchain monitoring, two hours ago, Abraxas Capital withdrew another 6,000 ETH (worth $9.88 million) from Binance and deposited it into Aave. In the past week, Abraxas Capital has withdrawn a total of 8,719 ETH (worth $14.22 million) from Binance.
Insider: Circle, BitGo and many other crypto companies plan to apply for banking licenses
According to the Wall Street Journal, two years ago, regulators cracked down on cryptocurrencies after the collapse of FTX and two cryptocurrency-friendly banks, prompting some traditional financial institutions to part ways with the industry. Now, Trump's promise to make the United States a "Bitcoin superpower" has laid the foundation for cryptocurrencies to be more closely intertwined with the banking system. According to people familiar with the matter, many crypto companies, including Circle and BitGo, plan to apply for banking charters or licenses. Others said that cryptocurrency exchange Coinbase Global and stablecoin company Paxos are also considering similar moves. At the same time, the Trump administration is taking action to bring cryptocurrencies into mainstream finance, and Congress has also introduced two bills that will establish a regulatory framework for stablecoins, allowing people to easily buy and sell more volatile cryptocurrencies. The legislation will require stablecoin issuers to obtain a charter or license from regulators.
