Polymarket Is Getting a Big Upgrade—Including Its Own Stablecoin

Meme coins like Pepe, Floki Inu, and dogwifhat suffered significant losses due to geopolitical tensions, with the meme coin market cap decreasing by 3% to $59.2 billion. Other altcoins such as Solana and HyperLiquid also experienced declines amidst global uncertainty.

EigenLayer's EigenCloud platform aims to extend blockchain's verification capabilities to any application, on or off-chain, by introducing components like EigenVerify, EigenDA, and EigenCompute. With over $12 billion in total value locked, EigenLayer has become Ethereum's largest restaking protocol since its mainnet launch two years ago.

Bitcoin's price movement is influenced by geopolitics, money flow, and liquidity, with the U.S. Treasury engaging in bond buybacks to maintain interest rates. The upcoming summer may bring volatility as various outcomes unfold, affecting assets like gold, oil, and defense stocks.

"Luigi: The Musical" features Sam Bankman-Fried, Luigi Mangione, and Sean “Diddy” Combs as cellmates in a satirical play mocking Silicon Valley culture. The production, set in a Brooklyn prison, quickly sold out in San Francisco, prompting additional performances due to high demand.

Eric Trump has denied involvement in Tron's Nasdaq debut despite being on Dominari Securities' advisory board. Tron plans to go public through a reverse merger with SRM Entertainment, renaming itself "Tron" and accumulating TRX tokens.

The X account of Solana-based meme coin launchpad Pump.fun was suspended, along with other crypto accounts, without explanation. Founders like Alon Cohen and Shaw Walters were affected, with some platforms appealing the decision.

The Avalanche Battle Pass, a free-to-mint NFT, connects games and rewards players for playing partnered games like Off the Grid and MapleStory N. It supports over a dozen games and offers rewards such as in-game NFTs and AVAX tokens.

Cantor Fitzgerald predicts potential 75% stock price increases for companies holding Solana reserves, such as DFDV, UPXI, and HODL. These firms offer exposure to Solana's blockchain network, with DFDV rated highest due to its management and infrastructure ownership.

JPMorgan Chase has filed a trademark application for a Web3 project called JPMD with the U.S. Patent and Trademark Office, hinting at a potential stablecoin launch. The filing focuses on cryptocurrency-related services, leading some experts to speculate about JPMD being a stablecoin.

Donald Trump's crypto holdings generated over $58 million in revenue in 2024, making it his second largest income source after his hospitality businesses. With significant gains from World Liberty Financial and his meme coin, digital assets are expected to become his primary income stream in 2025.