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news-imageApril 4, 2025

Stablecoins ‘in bull market'; Solana sputters: VanEck

Stablecoins are “in a bull market of their own,” even as smart contract platforms — including Ethereum and Solana — sputter amid the marketwide tumult, asset manager VanEck said in an April 3 monthly note.The diminished activity on smart contract platforms reflects cooling market sentiment in cryptocurrencies and beyond as traders brace for the impact of US President Donald Trump's sweeping tariff policies and a looming trade war. But stablecoin adoption — a key measure of Web3's overall health — continues apace.
Publisher: Cointelegraph
Sentiment: Neutral
SOL

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Janover Raises $42 Million to Focus on Solana Treasury Strategy

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Positive
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Solana (SOL) to $77 or What? Bulls and Bears Face Off

Solana (SOL), the world's sixth-largest cryptocurrency by market cap, is gaining massive attention from Binance traders. Recently, data from the on-chain analytics firm Coinglass revealed that 79% of top traders on Binance are going long on SOL, despite the bearish market sentiment.

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Former Kraken execs acquire real state firm Janover, disclose SOL treasury plans

A team of former Kraken executives has taken control of Janover, with Joseph Onorati, former chief strategy officer at Kraken, stepping in as chairman and CEO, following the group's purchase of over 700,000 common shares and all Series A preferred stock.Parker White, former director of engineering at Kraken, was appointed as the new chief investment officer and chief operating officer. The group bought 728,632 shares of Janover common stock and all 10,000 shares of Series A preferred stock.

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Pipe Network cuts Solana sync time by 30% for some validators

Pipe Network, a decentralized infrastructure project from Permissionless Labs, is publicly spotlighting its verifiable access to Solana snapshots through its decentralized CDN in a new case study. According to internal performance benchmarks provided to Lightspeed, usage points to 30% faster node initialization and far lower infrastructure costs.

Positive
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Janover Raises $42 Million to Build Solana-Focused Treasury

U.S.-listed firm Janover secured $42M via convertible notes and warrants to create a Solana-focused digital asset treasury, offering equity upside while adhering to regulated public market frameworks. The post Janover Raises $42 Million to Build Solana-Focused Treasury appeared first on Cryptonews.

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