Episode 421
📍 Berachain has launched its mainnet and initiated a $1.1 billion BERA token airdrop to the community, with the token briefly surging to $14.83 before falling to $8.00.
📍 JPMorgan reports that Ethereum is facing intense competition from other networks, causing its native token ether to underperform bitcoin and other altcoins, with the bank citing Solana as a notable competitor.
📍 VanEck predicts Solana's SOL token will reach $520 by the end of 2025, driven by growing demand for smart contract platforms and an increase in M2 money supply, which is expected to boost crypto markets.
📍 US Congressmen are pushing to include legal protections for NFTs in a revised crypto bill, with the proposed NFT Act aiming to establish clear rules for the regulation of digital assets and designate some NFTs as non-securities.
📍 Bitcoin's price has struggled to gain traction above $100,000, with CryptoQuant indicating that the token appears overvalued at its current market price, while gold has surged to a record high, eyeing its sixth consecutive weekly gain.
