Activity on the Solana blockchain has surged recently; however, despite this uptick, SOL’s price has experienced a decline. Market indicators suggest a weakening correlation between SOL and BTC (Bitcoin), with forecasts indicating a potential drop for SOL below the $160 mark.
In the last 24 hours, Solana saw a significant increase in Unique Active Wallets (UAWs) reported by DappRadar. Decentralized apps such as Jupiter, Raydium, and Magic Eden drove this surge. Jupiter Exchange led with 307,100 UAWs, up 251%. Raydium followed with 285,200 UAWs, focusing on NFTs, while Magic Eden saw a 178% rise in UAWs, showing increased activity on Solana’s platform.
Solana’s Memecoin-Driven Activity and Price Volatility
The surge in activity on platforms like Raydium and Jupiter appears to be linked to the increasing trend of memecoin activity in the market. This trend is influenced by GameStop (GME) and the actions of legendary trader Keith Gill, also known as “Roaring Kitty.”
On June 7th, derivative tokens associated with Gill saw a significant uptick, leading to staggering market caps for these Solana-based tokens in a short period.
This rise in memecoin activity also signaled an increase in demand for SOL. However, despite this demand, Solana’s price experienced a 5.44% decline in the last 24 hours, currently valued at $162.44.
It’s worth noting that SOL struggled to sustain its hike despite increased demand. Many traders, often referred to as “degenerates” in the crypto space, engage in buying memecoins with no long-term holding strategy. Instead, they quickly exchange these tokens for SOL when they reach certain gains, eventually converting it to stablecoins or fiat currency.
This pattern of pumps and dumps has become prevalent recently, suggesting continued price volatility for SOL as traders continue to engage in speculative trading practices.
Solana Price Forecast and Market Dynamics
Volatility measures the speed of price fluctuations. If selling pressure increases during periods of high volatility, the token’s price might decline.
Conversely, a surge in buying pressure coupled with high volatility could trigger a price breakout. However, current indications suggest that SOL may dip below $160 in the short term.
Another factor impacting SOL’s price is Bitcoin (BTC). Recent data from Santiment shows a declining correlation between Solana and BTC since June 6th, suggesting that their prices may not always move in tandem.
Therefore, even if BTC surpasses $71,000 again, there’s no guarantee that SOL will revisit $187. However, if market recovery becomes more widespread, prices may follow a similar trajectory.
Regardless of SOL’s direction, it’s unlikely to reach $200 in the coming week. However, long-term predictions suggest that SOL could eventually reach $1,000, contingent upon overall market improvement.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Solana #SOL

The constant inflows of the spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. have come to an end after four weeks.

According to data provided by Farside Investors, spot BTC ETFs in the U.S. recorded $64.9 million in net outflows on June 10 — ending their four-week winning streak. The majority of the outflows belong to Grayscale Bitcoin Trust (GBTC) — registering $39.5 million in outflows.

The Invesco Galaxy Bitcoin ETF (BTCO), Valkyrie Bitcoin Fund (BRRR) and Fidelity Wise Origin Bitcoin Fund (FBTC) each saw $20.5 million, $15.8 million and $3 million in outflows, respectively. 

On the other hand, only Bitwise Bitcoin ETF (BITB) and iShares Bitcoin Trust (IBIT) recorded inflows of $7.6 million and $6.3 million, respectively. 

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It’s important to note that the total net inflows of spot BTC ETFs in the U.S. have surpassed the $15.6 billion mark, thanks to the four weeks of constant inflows — recorded over $4 billion in net inflows between May 13 and June 7.

The bearish sentiment comes as investors take a cautious approach ahead of the U.S. CPI data release, scheduled for June 12. Last month, the CPI came at 3.4%, as expected, which eventually brought market-wide bullish sentiment.

Consequently, the global crypto market capitalization declined by 2.8% in the past 24 hours and is hovering at $2.59 trillion, according to data from CoinGecko.Bitcoin plunged to $67,600 and Ethereum (ETH) is closing down to the $3,500 mark. At this point, 94 of the leading 100 cryptocurrencies are wandering in the red zone.

Read more: Bitcoin, Ethereum exchange balances at 4-year low

Amid the frenzy surrounding the U.S. SEC's opposition to Ripple's motion and the passing of the FIT21 crypto bill, an XRP whale has dumped a notable amount of coins to the crypto exchange Bitstamp. This significant transaction has added to the volatility and speculation in the XRP market.
Whale Dumps XRP Amid SEC’s Opposition & FIT21 Frenzy
Following the U.S. SEC’s opposition to Ripple’s motion to seal remedies-related documents, a major XRP whale has been drawing significant attention. This whale has offloaded nearly 32 million XRP coins to a centralized exchange (CEX), potentially influencing the token’s price volatility.
On-chain data from Whale Alert reveals that this well-known XRP whale transferred approximately 31.8 million XRP, worth $16.87 million, to Bitstamp in the past 24 hours. This move has sparked widespread speculation about the future price movements of XRP, a cryptocurrency backed by Ripple Labs.
The crypto community is already buzzing with the uncertain implications of the FIT21 bill, a potential game-changer for the XRP lawsuit. The passing of the FIT21 crypto bill is seen as optimistic news for the Ripple community, as it provides clarity on the classification of cryptocurrencies as securities. However, the U.S. SEC’s recent opposition to Ripple’s motion to seal key documents adds another layer of complexity to the situation.
XRP Price Falls Amid Market Uncertainty
At the time of writing, XRP has seen a 2.05% dip in its price over the past 24 hours, currently trading at $0.5274. Derivatives data from Coinglass indicates a bearish sentiment among investors, with XRP’s futures open interest slipping 0.26% to $617.99 million and derivatives volume dropping 3.79% to $526.51 million. This reflects reduced investor interest in the asset.
The Relative Strength Index (RSI) for XRP is hovering around 50, suggesting that the asset is neither overbought nor oversold. This data, combined with the recent whale transaction and regulatory developments, has kept crypto traders and investors on edge, indicating potential uncertainty in the token’s future movements.
Conclusion
The recent actions of the XRP whale, coupled with regulatory pressures and market sentiment, have created a highly volatile environment for XRP. As the community awaits Judge Torres' decision and further developments related to the FIT21 bill, the future of XRP remains uncertain. Investors and traders will be closely monitoring these events, looking for any signs that could influence the token’s trajectory.
$XRP #XRP #Ripple

Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

经 Odaily星球日报不完全统计， 5 月 20 日-5 月 26 日公布的海内外区块链融资事件共 29 起，较上周数据（26 起）有所上升。已披露融资总额约为 3.38 亿美元，较上周数据（1.51 亿美元）大幅上升。

上周，获投金额最多的项目为 去中心化社交协议 Farcaster（1.5 亿美元）；土耳其金融科技初创公司 Colendi 也紧随其后（6500 万美元）。

以下为具体融资事件（注： 1. 依照已公布金额大小排序；2. 不含基金募资及并购事件；3. *为部分业务涉及区块链的“传统”领域公司）：

去中心化社交协议 Farcaster 完成 1.5 亿美元融资，Paradigm 领投

5 月 22 日，去中心化社交协议 Farcaster 宣布完成 1.5 亿美元融资，Paradigm 领投，a16z crypto， Haun， USV， Variant， Standard Crypto 等参投，相关公告称 Farcaster 今年将主要着重于日活用户增长和将开发者原语添加到协议中，例如通道和直接消息传递。

土耳其金融科技公司 Colendi 完成 6500 万美元 B 轮融资，Citi Ventures 领投

5 月 22 日，土耳其金融科技初创公司 Colendi 宣布完成 6500 万美元 B 轮融资，估值达到 7 亿美元。此次融资由花旗集团的风险投资部门 Citi Ventures 领投，Migros Ticaret AS、Sepil Ventures、Re-Pie Asset Management、Finberg 和 Hedef Holding 参投。

据悉，土耳其银行监管机构已批准 Colendi 于 2023 年设立数字银行的申请。

ZK 硬件公司 Cysic 完成 1200 万美元 pre-A 轮融资，HashKey 与 OKX Ventures 等领投

5 月 24 日，ZK 硬件公司 Cysic 宣布已完成 1200 万美元 pre-A 轮融资，本轮融资由 HashKey Capital 和 OKX Ventures 领投，新资金旨在以更快、更具成本效益、用户友好和去中心化的方式加快生成 ZK 证明。

收藏品设计公司 Mighty Jaxx 完成 1100 万美元 A+轮融资

5 月 23 日，新加坡收藏品设计和制作公司 Mighty Jaxx 完成 1100 万美元 A+轮融资，以推动美国和欧洲的业务增长。

互操作性协议 Stripchain 完成 1000 万美元融资，Sora Ventures 领投

5 月 22 日，互操作性协议 Stripchain 完成 1000 万美元融资，本轮融资由 Sora Ventures 领投，Hyperithm、Shima Capital、Hypersphere、Mechanism 和 Ascensive Assets 等参投。

Dora Factory 完成 1000 万美元战略融资

5 月 23 日，据官方消息，去中心化治理基础设施 Dora Factory 宣布完成新一轮 1000 万美元战略融资，Nomad Capital、No Limit Holdings、云九资本、新加坡大华银行 Web3 风险投资基金 UVM Signum Blockchain Fund、以及蔡文胜的隆领资本、Cosmos 生态 OG Interop Ventures、Eigenlayer 联合创始人 Calvin Liu 等 15 个知名机构和个人参投。

Plume Network 完成 1000 万美元种子轮融资，Haun Ventures 领投

5 月 24 日，RWA Layer 2 网络 Plume Network 宣布完成 1000 万美元种子轮融资，本轮融资由 Haun Ventures 领投，Galaxy Ventures、Superscrypt、A Capital、SV Angel、Portal Ventures 和 Reciprocal Ventures、以及包括 Wormhole Labs 的 Anthony Ramirez、Eigenlayer 的 Calvin Liu 等在内的天使投资人参投。

Fantom 基金会完成 1000 万美元战略融资，Hashed 领投

5 月 24 日，Fantom 基金会宣布完成 1000 万美元战略融资，Hashed 领投，UOB Ventures、Signum Capital、软银、Aave Foundation 等参投。本轮融资资金将用于支持新成立的 Sonic 基金会和 Sonic Labs，以及战略增长和生态系统发展。

区块链初创公司 Alphaledger 完成 950 万美元 A 轮融资，EJF Capital 领投

5 月 23 日，美国区块链初创公司 Alphaledger 宣布完成 950 万美元 A 轮融资，EJF Capital 领投、KDX 参投。Alphaledger 利用其许可区块链发行了第一笔基于区块链的美国市政债券，此前曾在 2021 年完成了 600 万美元种子轮融资。

流动性再质押平台 Kelp 以 9000 万美元估值完成 900 万美元融资，SCB Limited 和 Laser Digital 领投

5 月 22 日，基于 EigenLayer 的以太坊流动性再质押平台 Kelp 宣布 9000 万美元估值完成 900 万美元融资，SCB Limited 和 Laser Digital 领投，Bankless Ventures、Hypersphere Ventures、ArkStream Capital、Draper Dragon、DACM、Cypher Capital、GSR、HTX Ventures 和 DWF Ventures，以及 Gitcoin 的 Scott Moore、Frax Finance 的 Sam Kazemian、Aave Chan Initiative 的 Marc Zeller、Jump Crypto 的 Saurabh Sharma 和 AltLayer 的 Amrit Kumar 等天使投资人参投。

DePIN 网络 Blockless 完成 800 万美元融资，NGC Ventures 等领投

5 月 21 日，DePIN 网络 Blockless 完成 800 万美元 Pre-Seed 轮与种子轮融资，其中 NGC Ventures 领投 300 万美元 Pre-Seed 轮融资，M 31 Capital 和 Frachtis 共同领投 500 万美元种子轮融资，其他参投方包括 No Limit Holdings、MH Ventures、Interop Ventures 和 Plassa Capital。

Web3气候分析网络 WeatherXM 完成 770 万美元 A 轮融资，Lightspeed Faction 领投

5 月 22 日，Web3 气候分析网络 WeatherXM 完成 770 万美元 A 轮融资，Lightspeed Faction 领投，Protocol Labs、Borderless Capital、Arca、Alumni Ventures、Placeholder VC、Red Beard Ventures、Metaplanet、GS Futures、Consensys Mesh、Westerly Ventures 参投。

MultiVM 完成 690 万美元融资，Inception Capital 参投

5 月 23 日，以太坊 L2 执行环境 MultiVM 宣布完成 690 万美元融资，Inception Capital 与 Lattice 共同参投。 

去中心化衍生品交易平台 ELFi Protocol 完成累计 500 万美元战略融资，已上线 Arbitrum 测试网

5 月 20 日，去中心化衍生品交易平台 ELFi Protocol 完成两轮共累计 500 万美元战略融资，最新一轮由 IDG Capital、KuCoin Ventures 领投。ELFi Protocol 已上线 Arbitrum 测试网，正在进行创世 NFT 公测中。

环保加密货币挖矿项目 SolarX 通过 Tenset Launchpad 完成 300 万美元融资

5 月 21 日，环保加密货币挖矿项目 SolarX 宣布通过 Tenset Launchpad 完成 300 万美元融资，并加入 Tenset 孵化器。据悉 SolarX 主要推动基于太阳能供电的去中心化挖矿模式，本次募集的新资金将推动其发布原生代币并推出相应服务和产品。

加密货币治理咨询公司 MetaLeX 完成 275 万美元融资

5 月 25 日，由加密货币律师 Gabriel Shapiro 创立的 MetaLeX 宣布完成 275 万美元的种子轮融资，公司估值达到 2750 万美元。本轮融资由 Cyber Fund 领投。

Pencils Protocol 完成 210 万美元种子轮融资，估值达 2500 万美元

5 月 23 日，据官方消息，Scroll 生态项目 Pencils Protocol 宣布完成 210 万美元种子轮融资，现估值达到 2500 万美元。据悉，本轮融资由 OKX Ventures、Animoca Brands、Galxe、Gate.io Labs、Aquarius、Presto 和 Agarwood Capital 等多家知名机构参投，同时包括 Scroll 联合创始人 Sandy Peng、V Fund 合伙人 Ashely Xiong、Inception Capital 联合创始人 David Gan、Cyberconnect 创始人 Ryan Li 以及 Arcanum Capital 联合创始人 Lucia Zhang 等在内的多位个人投资人参与本轮融资。

Wbe 3 娱乐工作室及技术公司 Feature.io 完成 190 万美元融资

5 月 26 日，Wbe 3 娱乐工作室及技术公司 Feature.io 完成 190 万美元融资，InterVest、 2 PunksCapital、Avalanche、Acme Innovation、Sterling.VC 参投。

DeFi 平台 Zaros 完成 180 万美元融资，SNZ Holdings 等参投

5 月 23 日，DeFi 平台 Zaros 宣布完成 180 万美元融资，SNZ Holdings、Seven Capital、Cogitent Ventures、DCI Capital、Antony Sassano、Fernando Martinelli、Kieran Warwick、Andy Chen、Kevin Lu 等参投。

期权协议 IVX 完成 120 万美元种子轮融资，Animoca Ventures 等领投

5 月 25 日，基于 Berachain 的原生期权协议 IVX 在 X 平台完成 120 万美元种子轮融资，Animoca Ventures 和 AVID 3 领投，Big Brain Holdings、Web3Port、Cogitent Ventures、Forbole、SerDAO、Autistic Waterfowl Venture Capital、以及一批天使投资人参投，估值数据暂未披露。

比特币基础设施平台 RunesFi 完成 40 万美元融资，Cogitent Ventures 等参投

5 月 25 日，比特币基础设施平台 RunesFi 宣布完成 40 万美元融资，Cogitent Ventures、Oddiyana Ventures、Lavender Capital、WeeHODL、Zephyrus Capital、以及 Samurai Starter 参投。据悉，RunesFi 主要利用 Runes 协议支持比特币 DeFi 生态系统的各种基础设施产品等功能。

Web3自由职业服务平台 Sorbet 完成新一轮融资，Adaverse 参投

5 月 20 日，Web3 自由职业服务平台 Sorbet 宣布完成新一轮融资，风险基金和加速器 Adaverse 参投，具体金额和估值信息暂未披露，据悉本次投资也是 Adaverse 旗下 1000 万美元投资计划的一部分。

区块链金融科技公司 DMZ.Finance 完成种子轮融资，Alchemy Pay 参投

5 月 20 日，区块链金融科技公司 DMZ.Finance 宣布完成种子轮融资，Alchemy Pay 参投，具体金额暂未披露,据悉 DMZ.Finance 主要为传统金融的机构及 VIP 投资者进入加密资产的投资提供完整的机构级金融托管解决方案。

符文 Launchpad 项目 RunesTerminal 完成一轮融资，Waterdrip Capital 等参投

5 月 21 日，RunesTerminal 在 X 平台宣布完成一轮融资，投资方包括 Cogitent Ventures、CMS Holdings、Waterdrip Capital、IAngels、Pentos Ventures、Zephyrus Capital、THE CMS、Ran Neuner（CNBC 主持人）、Laser Digital、GBV Capital、DuckDAO、Fusion 7 Venture Capital、Pragma Ventures、Optic Capital、DEXTools、SEED THRIFT VENTURES、Acquire。Fi、Basics Capital、BlackEdge Capital、BlokHash Labs、Ghaf Capital Partners、YAY Network、Nabais Capital、NewTribe Capital、X 21 Digital。具体融资金额暂未披露。

OKX Ventures 宣布战略投资 Monad Labs

5 月 22 日，据官方消息，OKX Ventures 宣布战略投资 Monad Labs，以推动 Web3 和去中心化计算的创新。

HTX Ventures 宣布投资 Kelp DAO，以加速重质押创新

5 月 22 日，加密货币交易所火币 HTX 的全球投资分支 HTX Ventures 宣布对基于 EigenLayer 的三重收入重质押协议 Kelp DAO 进行战略投资。Kelp DAO 在最新一轮战略融资中筹集了 900 万美元资金，这将支持其重塑 DeFi 和重质押生态系统的愿景。

RPG 链游 Aria 完成种子轮融资，Folius Ventures、Spartan Group 和 Merit Circle 领投

5 月 23 日，据官方消息，RPG 链游 Aria 宣布完成种子轮融资，Folius Ventures、Spartan Group 和 Merit Circle 领投，Galaxy Interactive、Animoca Brands、Formless Capital、Big Brain Holdings、Selini Capital、Bitscale Capital、LiquidX、 32-Bit Ventures 以及天使投资人 Fresh、LAZAR、Ali-A 等参投。

MANTRA 完成新一轮战略融资，Laser Digital 参投

5 月 23 日，据官方消息，MANTRA 宣布已完成新一轮战略融资，全球金融服务巨头野村证券旗下数字资产子公司 Laser Digital 参投，旨在加速 MANTRA 实现构建中东和亚洲市场 RWA Layer 1 区块链的目标，目前具体融资金额和估值暂未披露。

开源 EVM 区块链平台 Nexis Network 完成私募轮融资，Castrum Istanbul 参投

5 月 25 日，开源 EVM 区块链平台 Nexis Network 宣布完成私募轮融资，Castrum Istanbul 参投，具体金额和估值暂未披露。