Crypto Chronicles:Prices

1-Buckle up: Solana price prepares a wild ride as risks rise

On Saturday, the price of Solana fell to $127, representing a 15% decrease from its highest position to far this week. It has reached its lowest point since March 2021, when it was this low.

During the decline, the majority of Solana meme coins experienced a crash, which erased the majority of the gains that were made earlier in the week. The value of popular tokens such as Popcat and Bonk (BONK) dropped by more than 10% on Saturday, while the value of Fartcoin dropped by 15%.

To reach $7.2 billion, the total market capitalization of all Solana meme coins tracked by more than 10%. On account of this drop, the value of these tokens has decreased by more than $18 billion over the course of the past few days.

The Solana meme coin rally was purchased by cryptocurrency traders earlier this week, according to data provided by a third source.

Solana's DEX volume has increased by sixty percent in the last seven days, reaching over three billion dollars, as reported by DeFi Llama. When compared to Ethereum, this volume was greater.

and BSC, which handled a total of 8.99 billion dollars and 11.35 billion dollars, respectively. The performance of Solana's DEX procedures was superior to that of the other two for the first time in many weeks.

The vast majority of Solana's DEX volume was generated by Pump, which was responsible for transactions totaling more than $2.8 billion. Compared to other well-known DEX networks, such as Orca, Meteora, Raydium, and Lifinity, which have long held a significant portion of the market, it was victorious.

This past week, Solana received some further encouraging news. The most noteworthy of them was the fact that Blackrock, the largest asset manager in the world, added its money market fund, BUIDL, to the network. The fact that BUIDL's assets have increased to more than $1.86 billion suggests that this is a significant development.

2-Trump's 'Liberation Day' tariffs and their potential negative effects on the global cryptocurrency market

While the political ramifications and interruptions to commerce are receiving a significant amount of attention, it is important to take a deeper look at the wider implications for digital assets and the global frameworks that underpin them.

In a recent interview on Bloomberg TV, Heidi Crebo-Rediker, a senior fellow at the Council on Foreign Relations, referred to the intentions of United States President Donald Trump as a "tearing up" of current free trade accords with the United States' closest allies. Among them are the so-called "Dirty 15," which is a group of large trading partners that collectively account for eighty percent of all commerce with the United States.

Trump's proposed system, which is based on unilateral tariffs and non-tariff obstacles, constitutes a radical departure from the cooperative global order that has characterized international trade over the course of the last few decades.

Cyberspace is inherently international in nature. In order for its infrastructure, users, capital flows, and regulatory frameworks to function properly, global alignment and relatively open markets are essential. There is a danger that any move toward economic fragmentation may impede such development when it occurs.

According to Crebo-Rediker, nations such as Canada are already making preparations to diversify their industries away from the United States, and they are bracing themselves for a reorganization of their trade and investment connections. It is possible that in this new period, markets will become more restricted, regulation will become more fluctuating, and capital restrictions will become more prevalent.

Although she could be in agreement (I'm not sure), all of these variables are unfavorable to the adoption of cryptocurrency. In addition to this, she expresses concern over a shift away from multilateral frameworks, which are the foundation of both global financial cooperation and regulatory collaboration.

There is a possibility that the Western world's influence over digital asset standards may be diminished if the United States of America pulls inward while its friends look elsewhere, particularly toward China, which is establishing itself as a protector of the global system.

Those who support cryptocurrencies have expressed their delight at Trump's recent acceptance of stablecoins and digital money; nevertheless, they should exercise caution. A world that is fractured, with each nation tugging in a different direction that pertains to commerce and technology, is not a world in which cryptocurrency can flourish.

We can only hope that Bitcoin can maintain its current worth of one trillion dollars, and we should forget about Michael Saylor's prediction that it will achieve a market cap of two hundred trillion dollars.

If global coordination erodes, so too could the possibilities for crypto’s next wave of acceptance. If that's the case, it was a very enjoyable run. In that case, I should be happy to accept that I was incorrect.

3-Paul Atkins, a strong bitcoin enthusiast and investor, will be named head of the SEC soon.

The Securities and Exchange Commission under Gensler was hostile to crypto companies. Many prominent corporations were sued, and digital assets were considered as unregistered securities, making crypto risky for U.S. enterprises.

Trump appointed crypto supporter and investor Paul Atkins to lead the SEC, promising to make America the crypto capital of the world. The Gensler-era SEC sued financial businesses, and he testified as an expert. The Senate Banking Committee hearing on Atkins' SEC head nomination was delayed too long.

On March 25, 2025, financial records showed Paul Atkins and his wife had $327 million to $588.8 million in assets. The report gives ranges, not statistics.

About $6 million of their assets is crypto. Atkins owns $1 million in two crypto businesses and $5 million in a crypto fund.

He was on the board of BlackRock's tokenization business Securitize and owned up to $500,000 in call options until February. He owned equivalent Anchorage Digital equity. As a limited partner in Off the Chain Capital, Atkins has up to $5 million invested. He purportedly committed to sell these interests if confirmed as SEC head.

Senator Elizabeth Warren, a cryptocurrency opponent and Senate Banking Committee ranking member, opposes Atkins' confirmation.

Warrent sent a 32-page letter with hearing questions for Atkins. She worried about his SEC position during the 2008 financial crisis, his advising role at the failed FTX exchange, and possible conflicts of interest due to his strong relationships to deregulation-promoting firms.

References

https://crypto.news/buckle-up-solana-price-prepares-a-wild-ride-as-risks-rise/

https://crypto.news/opinion-why-trumps-liberation-day-tariffs-may-hurt-cryptos-global-future/

https://crypto.news/avid-crypto-advocate-and-investor-paul-atkins-will-soon-become-the-sec-chair-what-to-expect/