Part 7/14:
- Solana’s daily active addresses exceeding 1.1 million, driven by a $100 million airdrop.
Other highlights include:
JP Morgan suggesting that GBTC sell-offs are largely over.
Bitcoin futures on CME potentially re-flipping open interest with CME futures.
The U.S. government planning to sell $118 million worth of Bitcoin—though subdued compared to the massive ETF inflows.
Growing On-Chain Activity
On-chain metrics show massive growth in addresses, with 3,000% increase over three months but from a small base. Noteworthy is the Mount Gox repayments of around 200,000 BTC imminent, yet markets remain undeterred—highlighting investor confidence.