Bitcoin reaches new heights, Solana surpasses PayPal.

Bitcoin reaches new record high, 99% of holders now in profit.

Bitcoin has surged to a record high of €67,400, breaking its previous peak from March. Europe joins other countries like South Korea, Brazil, Russia, and Canada, where Bitcoin had already reached new heights. Although the all-time high in U.S. dollars was just narrowly missed, it seems only a matter of time before that threshold is also broken.

This breakthrough highlights the ongoing global demand and interest in Bitcoin. As a result of this new record price, nearly all Bitcoin investors – about 99% – are now in profit.

Solana now worth more than PayPal, surpasses Ethereum in revenue.

This week, Solana reached a significant milestone, overtaking payment giant PayPal in market capitalization. This shows the increasing interest and value in Solana’s ecosystem, positioning the platform as one of the most promising projects in the crypto world. Solana’s fast network and low costs have enabled broader adoption, driving demand from both retail and institutional investors.

Additionally, for the first time, Solana generated more weekly revenue than Ethereum, totaling nearly $25 million compared to Ethereum’s $23 million. This achievement indicates that Solana is not only increasing in value but also in usage, attracting more activity. These developments confirm our choice to include Solana in our Core portfolio alongside Bitcoin and Ethereum, showcasing the long-term potential we see for the platform.

Optimism attracts major players: Uniswap and Kraken launch their own blockchains on Optimism.

Optimism is a platform that allows companies to launch their own blockchains. This month, Optimism made significant progress by attracting Uniswap and Kraken, two of the world’s largest crypto exchanges. Both parties have announced the launch of their own blockchains on the Optimism platform. This is part of Optimism’s “superchain” concept, which connects various blockchains, promoting network collaboration.

The addition of these big names underscores the growing interest in Optimism and the demand for company-specific blockchain launches. For us, this development reinforces our investment in Optimism in the Flagship portfolio. Optimism is well-positioned for further growth, especially as more prominent players embrace the technology.