Web3đMonday Buzz: Solanaâs $100B Surge, Saylorâs Bitcoin Tease, and Bybitâs ExitâTodayâs Highlights!
1ď¸âŁ Zulu Recap | Dive into the Crypto DePIN Roundtable hosted by The Crypto Professor
2ď¸âŁ Michael Saylor teases a Bitcoin buy with a chart drop
3ď¸âŁ Bybit exits Malaysia under regulator orders
4ď¸âŁ Solana defies the bearsâDEX trading hits $100B+!
Keep reading for more insights! âĄ
Welcome to Todayâs Crypto Buzz! From Solana smashing records with $100B+ in DEX trading to Michael Saylorâs subtle Bitcoin buy hints, the crypto world is buzzing with excitement! Meanwhile, Bybit bids farewell to Malaysia amid regulatory challenges, and insights from the Zulu Recapâs Crypto DePIN Roundtable keep enthusiasts talking. Letâs dive into the top stories shaping the market today!
1. Zulu Recap | Dive into the Crypto DePIN Roundtable hosted by The Crypto Professor
In a dynamic AMA hosted by Crypto Professor, Zulu Network co-founder Luke joined top innovators to explore Decentralized Physical Infrastructure Networks (DePIN). Panelists discussed game-changing applications, from Zuluâs Bitcoin-powered AI innovations to decentralized data ecosystems, renewable energy rewards, and Wi-Fi monetization. Key insights highlighted DePINâs rise, driven by AI advancements, real-world utility, and the shift away from centralized systems. Exciting innovations like DePIN-powered smartphones aim to make these technologies accessible to all. As awareness and collaboration grow, DePIN is set to revolutionize blockchain, AI, and decentralized tech landscapes, unlocking a future of efficiency, security, and user empowerment.
2. Michael Saylor teases a Bitcoin buy with a chart drop
MicroStrategy, led by co-founder Michael Saylor, holds 444,262 BTC worth $41.4 billion, solidifying its position as a Bitcoin giant. Known for regular BTC buys, Saylorâs Sunday chart posts often stir market anticipation for Monday acquisitions. The companyâs ambitious 21/21 plan aims to raise $42 billion over three years to fund more Bitcoin purchases. Saylor also proposed a U.S. digital asset framework, envisioning a $10 trillion market cap for digital assets to bolster the U.S. economy and national debt. With Bitcoin at its core, MicroStrategy remains a major driver in the crypto space, blending innovation and bold financial strategy.
Vince Quill
3. Bybit exits Malaysia under regulator orders
Bybit has ceased operations in Malaysia after the Securities Commission Malaysia (SC) flagged the exchange for operating without local registration. The SC added Bybit to its âInvestor Alertâ list in 2021 for non-compliance, and the latest order required Bybit to shut down its website, apps, and advertisements within 14 business days. The platform, which ranks as the second-largest centralized exchange by trading volume, is also facing regulatory scrutiny in other countries, including Cyprus. Bybit continues to expand in markets like Kazakhstan, Georgia, and Dubai, but investors are cautioned to use only registered platforms.
4. Solana defies the bearsâDEX trading hits $100B+!
Solana thrived in December despite the broader crypto market downturn, processing over $107 billion in decentralized exchange (DEX) volume, marking the second consecutive month above $100 billion. Raydium ranked third in DEX volume, behind multi-chain platforms like Uniswap and PancakeSwap. Solana also saw a surge in daily transactions, reaching 1.5 billion, and a 57% increase in total value locked (TVL), hitting $9.1 billion. While SOLâs price dipped, the rise in DeFi activity and staking, particularly through Jito's successful validator operations, highlights Solanaâs growing presence and long-term potential in the blockchain space.
Veronika Rinecker
And there you have itâtodayâs biggest crypto highlights! Whether itâs Solana breaking barriers, Saylor sparking speculation, or Bybit facing regulatory challenges, the market never sleeps. See you tomorrow!
