Solana getting “new heart” in biggest upgrade ever
The Alpenglow upgrade revamps solana’s consensus engine to decrease transaction finality from 12.8 seconds to 150 milliseconds, bringing the blockchain network closer to its goal of being an on-chain Nasdaq.
Trump-backed American Bitcoin debuts on Nasdaq
Eric Trump, Donald Trump Jr. , and other major shareholders like the Winklevoss brothers will own 98% of the new company.
American Bitcoin, backed by Trump’s eldest sons, set to start trading soon
The company is expected to merge with Gryphon Digital in early September.
SharpLink Gaming now holds $3.7 billion in ethereum after fresh purchases
On Tuesday, SharpLink Gaming, which has the second-largest ethereum treasury, announced an update on its stockpile and recent capital raise.
The firm accumulated 56,533 ethereum tokens last week at an average purchase price of $4,462, increasing its total holdings to 797,704 tokens worth roughly $3.7 billion.
The announcement also said SharpLink raised $360.9 million in net proceeds through its at-the-market facility and has $200 million of undeployed cash on hand. The updates come after the company’s board approved a $1.5 billion stock buyback program.
Meanwhile, spot ethereum ETFs trading in the US started the week in the black, seeing more than $443.9 million in positive inflows on Monday. BlackRock’s iShares Ethereum Trust ETF recorded almost $315 million in inflows, accounting for nearly 71% of yesterday’s total, data from SoSoValue shows.
The inflows into the ethereum funds were more than double Monday’s inflows for spot bitcoin ETFs, which saw their balance rise by $219 million.
Ethereum cools after hitting another new high on Sunday
Out of $315 million of total ethereum liquidations in the past 24 hours, $217 million came from long positions.
