Market Cap: $2.699T 0.280%
Volume(24h): $104.0621B -27.220%
  • Market Cap: $2.699T 0.280%
  • Volume(24h): $104.0621B -27.220%
  • Fear & Greed Index:
  • Market Cap: $2.699T 0.280%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$82504.844555 USD

1.26%

ethereum
ethereum

$1892.689239 USD

-1.30%

tether
tether

$0.999740 USD

-0.02%

xrp
xrp

$2.203057 USD

3.15%

bnb
bnb

$557.061224 USD

-0.56%

solana
solana

$124.046062 USD

0.09%

usd-coin
usd-coin

$0.999945 USD

-0.01%

cardano
cardano

$0.733683 USD

0.16%

dogecoin
dogecoin

$0.166831 USD

3.95%

tron
tron

$0.221371 USD

-3.87%

pi
pi

$1.656984 USD

20.95%

unus-sed-leo
unus-sed-leo

$9.902995 USD

1.65%

hedera
hedera

$0.200991 USD

0.34%

chainlink
chainlink

$13.098866 USD

0.86%

stellar
stellar

$0.254987 USD

0.46%

Cryptocurrency News Articles

Solana (SOL) Co-founder Anatoly Yakovenko Expresses Doubts About the United States Crypto Reserve Plans

Mar 13, 2025 at 12:39 am

The payment token Remittix has demonstrated remarkable growth of 360% during this year despite Solana and its prolonged struggles to build sustainable expansion.

Solana co-founder Anatoly Yakovenko has expressed doubts about President Donald Trump's plans for a U.S. crypto reserve due to concerns about the problems faced by government-backed cryptocurrency.

In a recent interview with CC Harvest, Yakovenko shared his reservations about the initiative, which aims to position the U.S. as the "crypto capital of the world."

"I don't think it's a good idea to create a U.S. crypto reserve," Yakovenko said. "It goes against the core principles of blockchain technology, which is decentralization."

Yakovenko's comments come as the Trump administration is reportedly planning to launch a major crypto initiative that could include the creation of a government-backed stablecoin and other crypto regulations.

The Solana network has seen steady project adoption despite leadership uncertainty, with the network's own popularity increasing as interest in meme coins declines and stable coin validators' income grows.

"Solana is a network that people enjoy using, and they're voting with their feet," Yakovenko said. "That's why we're seeing more and more projects launch on Solana."

Solana has outperformed various blockchain networks in the DeFi sector, which faced issues with AI, meme coins, and Real World Asset tokens in 2025.

According to data from VanEck, Solana's token value rose by 191% throughout 2024, surpassing the on-chain revenue of 700% and stablecoin circulation of 291%.

In other news, major blockchain game developer NEOPIN has announced the full migration of its services from the existing infrastructure to the Solana network.

The announcement by NEOPIN, a leading developer of blockchain games and Web3 services in South Korea, signifies the growing appeal of Solana among institutional entities.

NEOPIN will be deploying its flagship game, "ChainShot," and other services, including the NEOPIX token and the NEOPIN Chain, on the Solana network.

The company's decision to choose Solana is driven by the network's high speed and low transaction fees, which are crucial for facilitating seamless and efficient game operations and user experiences.

"We are excited to complete the migration of our services to the Solana network," said Jason Oh, CEO of NEOPIN.

"Solana's technology and community align perfectly with our vision to create a vibrant and accessible Web3 ecosystem."

NEOPIN's games and services are renowned for their innovative gameplay, advanced technical capabilities, and strong user engagement.

The company's flagship game, ChainShot, is a blockchain-based battle royale game that has gained significant popularity among Web3 users.

NEOPIN's services will leverage Solana's robust DeFi architecture and efficient token economics to drive efficient and sustainable deployment of decentralized financial solutions.

The integration of NEOPIN's services with the Solana ecosystem is expected to foster new possibilities for gaming, entertainment, and decentralized applications.

"We are impressed by the Solana network's performance and potential," said Anatoly Yakovenko, co-founder of Solana.

"We welcome NEOPIN's decision to choose Solana as the preferred network for their flagship game and services."

Solana's DeFi ecosystem continues to show resilience, with a substantial $1.3 billion total value locked (TVL) on Raydium, the biggest decentralized exchange (DEX) on the network, according to DefiLlama statistics.

The foundation of DeFi infrastructure continues operating steadily despite market difficulties. The SOL price shows positive potential to reach $152.90 as its resistance level today. The successful breakout of prices will drive prices up to reach higher levels. SOL price might decrease further in the market if a downward trend manages to break through its $142.44 support barrier.

Experts believe Solana could reach $300 as institutional investments from the White House crypto initiative might occur according to their predictions. The $300 prediction for Solana seems ambitious at present although it sounds realistic.

Payment token Remittix has demonstrated remarkable growth of 360% during this year despite Solana and its prolonged struggles to build sustainable expansion.

Remittix is a new payment-focused altcoin which has achieved extraordinary gains. The 2025 market surge exceeded 360 percent which helped Remittix succeed by connecting crypto to fiat service at near real-time speeds for financial solutions beyond DeFi and NFT. The successful pre-sale of Remittix demonstrates widespread investor interest because the project sold over 516 million tokens at $0.0734 price to accumulate close to $13.7 million.

The straightforward payment approach of Remittix appeals to investors who lost faith in failing meme coins and suspect RWA tokens as Solana continues facing centralization issues with its investor base. The token price movement directed by Solana supporters serves no fundamental role in Remittix as it builds accessible

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Mar 13, 2025