Sudoswap Proposal to Distribute Fees Leads to 225% Surge in SUDO Token Value

Pantera Capital plans to raise $1.25 billion to convert a Nasdaq-listed company into "Solana Co.," accumulating Solana tokens. The company has already invested $300 million in digital asset treasury firms across various tokens.

Grayscale has submitted a registration statement to the SEC for its Avalanche Trust, aiming to convert it into an exchange-traded fund. The fund would provide exposure to Avalanche's spot price on the Nasdaq, with assets safeguarded by Coinbase.

Sharps Technology's stock surged over 40% on Monday after announcing a shift to a crypto treasury strategy, planning to raise $400 million to purchase Solana. The company aims to capitalize on Solana's growing ecosystem and institutional support for a global market vision.

A $100 million political spending fund has been established by leading AI companies, investors, and tech entrepreneurs to support candidates aligned with the pro-AI agenda in state and federal races. The fund, named Leading the Future, plans to engage in primary and general elections at both levels to ensure the US's global dominance in AI.

ETHZilla Corporation, formerly 180 Life Sciences, has initiated a $250 million stock repurchase program due to a significant drop in stock price following a surge. The company plans to fund the program through working capital and potential future fundraising efforts.

Strategy, formerly MicroStrategy, bought $357 million in Bitcoin last week, using common stock for the first time in nearly a month to fund acquisitions, signaling a return to normal after making adjustments to its corporate playbook.

BitMine Immersion Technologies increased its Ethereum treasury by $900 million last week, adding over 190,500 ETH to reach a total of 1.71 million ETH. The company's focus on building Ethereum treasuries has boosted its crypto net asset value per share significantly.

Galaxy Digital, Jump Crypto, and Multicoin Capital are discussing a $1 billion treasury fund to acquire and hold Solana, with Cantor Fitzgerald as the lead banker. This move mirrors Michael Saylor's strategy with Bitcoin, signaling a growing trend of companies holding digital assets.

The newest breakout crypto app, Football dot Fun, has seen a surge in interest and volume, with $25.7M trading volume and over 10K unique depositors in under two weeks. Traders reported significant gains, with the ecosystem's total value increasing from ~$60M to $160M over the weekend.

Webull Corp. has reintroduced cryptocurrency trading for U.S. users, integrating it directly into its core investment app. Traders can now manage accounts and trade digital assets alongside stocks and options in one place, supporting 24/7 trading of over 50 tokens including Bitcoin, Ethereum, and Solana.