Earnings
Solana treasury earns $2.5M in staking rewards but had to sell equity to raise $12M in cash for operations
Restaked rewards did not supply operating cash, while asset sales, a divestiture and equity financing supported the quarter.
Solana
Latest stories
Market
Bitcoin’s stall around $63,000 exposes how weak its buyers have become amid record high S&P 500
Sellers are showing signs of exhaustion, but weak ETF demand and historically thin spot liquidity are preventing Bitcoin from following stocks higher.
Digital Asset Treasuries
Multicoin exits the $1.65 billion Solana treasury company it helped launch eight months ago
Samani remained Forward chairman and retained substantial exposure through Lemmings Holdings after leaving his management role at Multicoin.
AI
Coinbase and 14 other x402 facilitators failed security tests built for the coming AI-agent economy
The study found vulnerabilities that could leave merchants unpaid, expose facilitator-held assets and force providers to absorb attacker-driven network costs.
DeFi
Solana treasury company shutters its SOL accelerator as a $27 million quarterly reversal forces deep cuts
The company retired $3.5 million of principal for $2.3 million while issuing about 478,000 shares to fund operating costs.
ETF
Grayscale turned more than $1.1 billion of staked crypto into a recurring reward-sale machine for ETF holders
Grayscale funds ETHE, GSOL, and GAVA must sell earned rewards at least quarterly, creating recurring cash payouts.
Digital Asset Treasuries
This corporate Solana treasury dumped $12.5M of SOL at a 54% loss – and its balance sheet still shrank
Its Aug. 7 filing keeps more token sales, equity or traditional financing on the table until operations can support themselves.
ETF
Investors poured $267 million into Bitwise’s Solana ETF, but market losses erased every cent
$262.9 million of unrealized SOL depreciation drove most of a $316 million operational loss.
Analysis
Bitcoin, XRP, Solana and Tron beat Ethereum and Cardano every month since 2022 on investor buying
Putting $100 into crypto every month since 2022 produced a 195% gain in TRX but left Cardano buyers down more than 50%.
AI
Bitcoin’s AI security sprint found 6,700 issues in 55 hours, but no one knows how many are real
Bitcoin Red Team generated 6,700 findings in 55 hours, showing how quickly AI can flood security teams with issues to verify and fix.
Governance
Solana whales just triggered a countdown that could skyrocket SOL’s daily burn rate by over 1,200%
Both proposals have cleared the 15% stake threshold, but Aug. 22 ends only discussion before voting and any implementation.
ETF
All six US Solana ETFs have suffered five consecutive days of absolute zero net flows
The product-wide pause followed an $18.1 million BSOL outflow while seed and conversion capital complicate the cumulative total.
