Solana's on chain stablecoin market value exceeds $10 billion, setting a new historical high
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BlockBeats News: On January 22nd, according to DefiLlama data, the market value of Solana's on chain stablecoins exceeded $10 billion, reaching $10.183 billion, a historic high, with a growth rate of 69.36% in the past 7 days.
Suspected investment fund address gammafund.eth transferred 5480 ETH (approximately $119 million) to Binance 15 minutes ago. In the past two days, the address has cumulatively transferred 11000 ETH (approximately $245 million) to Binance, basically clearing the 11200 ETH that bought at a low of $1999 in March, with a total profit of approximately $2.4 million. (Ashes)
According to Lookonchain monitoring, a certain Ethereum OG purchased 1951 ETH at a price of $2182 per USDC for 4.26 million USDC during a drop in ETH prices. Ten years ago, the OG purchased 11005 ETH from ShapeShift for $3.46 each, and sold them for $2777 each over a year ago, earning $30.5 million and a return of 803 times. Monitoring shows that it may continue to buy.
According to a report by Jin Shi, US President Trump stated that the Save America Act must be passed immediately and should be implemented using the housing bill and the Foreign Intelligence Surveillance Act. He mentioned that 500000 fake mail in ballots were exposed in Maryland, emphasizing that voter identity verification and citizenship proof must be approved, and improper mail in voting must be stopped.
According to Renaissance Capital, Web3Labs Global has submitted an IPO application to the US Securities and Exchange Commission, planning to issue approximately 6.3 million shares at a price of $4 to $5 per share, raising approximately $28 million. Based on the median issuance range, the company's valuation is approximately $141 million. Web3Labs Global plans to list on NASDAQ under the stock code "MDAT", with Eddid Securities and Futures as underwriters for this IPO.
For protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.