News linked to both this project and an event.
Odaily News According to Lookonchain monitoring, five hours ago, the Solana chain wallet "fent.sol" associated with the suspected whale "dimethyltryptamine.eth" bought 5.66 million SPIKE. This whale previously achieved a 52,600x return from investing in PEPE.
Cryptocurrency law firm Burwick Law has filed a federal class-action lawsuit in the U.S. District Court for the Southern District of New York (SDNY) against defendants including Walters—the creator of AI16Z and ELIZAOS—alleging violations of consumer protection laws, false advertising, and unjust enrichment. Court documents indicate that the defendants allegedly leveraged the brand reputation of Andreessen Horowitz (“a16z”) to market the project, launching the AI16Z token on Solana on October 24, 2024, later rebranding it as ELIZAOS. The complaint alleges that the project claimed to deploy autonomous AI agents capable of making investment decisions, whereas operations were in fact manually conducted—and no revenue was generated during the litigation period. On January 2, 2025, the token reached an all-time high price of approximately $2.47, with a market capitalization exceeding $2.6 billion; it subsequently collapsed amid large-scale sell-offs by major holders. On-chain data shows that the most profitable trader realized gains of roughly $39 million.
CoinShares’ latest weekly report shows that digital asset investment products recorded $1.4 billion in net inflows last week—the third consecutive week of net inflows and the largest single-week inflow since January—with total assets under management reaching $155 billion. Bitcoin investment products saw $1.116 billion in net inflows, bringing year-to-date net inflows to $3.1 billion; Ethereum investment products attracted $328 million in net inflows—the strongest weekly performance since January. By region, the U.S. recorded $1.5 billion in net inflows, Germany $28 million, while Switzerland saw $138 million in net outflows. Meanwhile, short-Bitcoin products attracted $1.4 million in net inflows, while XRP and Solana products experienced $56 million and $2.3 million in net outflows, respectively.
According to on-chain analytics platform Lookonchain (@lookonchain), the largest SOL short address deposited $9 million in USDC to Hyperliquid within the past 10 hours and opened a 3x long position on xyz : BRENTOIL, holding 200,700 contracts valued at approximately $18.08 million. Meanwhile, this address still holds a short position of 254,800 SOL, valued at approximately $21.6 million.
According to SoSoValue data, the SOL spot ETF recorded a net inflow of $35.17 million during last week's trading sessions (Eastern Time, April 13 to April 17).The SOL spot ETF with the highest net inflow last week was the Bitwise ETF BSOL, with a weekly net inflow of $29.6332 million. The historical total net inflow for BSOL has now reached $819 million. Following that was the Fidelity ETF FSOL, with a weekly net inflow of $4.6252 million. The historical total net inflow for FSOL has now reached $155 million.As of the time of writing, the total net asset value of SOL spot ETFs is $903 million. The ETF net asset ratio (the proportion of market value relative to SOL's total market cap) has reached 1.76%, and the historical cumulative net inflow has reached $1.01 billion.
According to on-chain analyst Yujin (@EmberCN), the Bless project team (@theblessnetwork) has recently been conducting large-scale, continuous sales of $BLESS tokens. Previously, the team sold 300 million $BLESS tokens (approximately $3.83 million) in batches: 200 million were transferred to Bitget exchange for sale, and 100 million were dumped on the BSC chain—causing the token price to drop by 71%. Four hours ago, the team bridged another 100 million $BLESS tokens (approximately $600,000) from Solana to BSC for further selling; so far, 37.84 million tokens have been sold, yielding 334 BNB (approximately $210,000).
According to Onchain Lens monitoring, a whale deposited $5.99 million USDC into HyperLiquid and opened a 3x leveraged long position on BRENTOIL. Simultaneously, the whale holds a 3x leveraged short position on 254,771 SOL, with an unrealized loss of $1.679 million.
Kamino, a liquidity protocol in the Solana ecosystem, announced on X that neither the platform nor its users have been affected by the current Ethereum rsETH incident. However, as a precautionary measure, Kamino has suspended all interactions with LayerZero-related tokens in its core markets (USDS, LBTC, FBTC). Related reserve assets have been placed into “reduce-only mode,” meaning users can still withdraw funds and repay debts, but deposits and borrowing functions are temporarily disabled. Kamino added that it is in active communication with the LayerZero team and will notify users immediately once the relevant reserves resume normal operations. These measures are purely proactive risk controls; platform and user funds remain unaffected.
Odaily News According to Lookonchain monitoring, trader "J3jfq8" spent 10,000 USDC to buy 1.12 million SPIKE 4 hours ago. Previously, he made a profit of at least $3.8 million on MOODENG, achieving a return of over 3500x. He spent 8.1 SOL ($1,072) to buy 33.4 million MOODENG when its market cap was only $320,000, and later sold for profit via DEX and MEXC.
Odaily News According to Lookonchain monitoring, U.S. Bitcoin ETFs experienced a net outflow of 142 BTC today, Ethereum ETFs saw a net inflow of 22,357 ETH, and Solana ETFs recorded a net inflow of 1,828,328 SOL.
According to on-chain analytics platform Lookonchain (@lookonchain), a trader increased $11 worth of SOL (approximately $960) to $337,000 in under two hours—a 351x return. The trader purchased 158.51 million ASTEROID tokens across three wallets, then sold 134.75 million ASTEROID tokens for 1,539 SOL (approximately $135,000). The trader currently holds 23.76 million ASTEROID tokens, valued at approximately $202,000.
According to on-chain analyst Yujin (@EmberCN), the Bless project team (@theblessnetwork) transferred 300 million $BLESS tokens (approximately $3.83 million) via two Solana addresses over the past 9 hours. Of these, 200 million tokens (approximately $2.15 million) were directly deposited into the Bitget exchange; another 50 million tokens were bridged to BSC and subsequently sold off. So far, 56.76 million tokens have been sold, yielding $228,000 in USDT and 416.4 BNB (approximately $258,000). The remaining 100 million tokens are still being sold on BSC.
Odaily News According to Lookonchain monitoring, trader 7Be6hv spent 0.1 SOL ($8.5) to purchase 6,636 BELIEF tokens and staked them, receiving 25.06 SOL ($2,160) and 2.9 million BELIEF tokens (current value $7,768) as staking rewards.
According to on-chain analyst Yujin (@EmberCN), two Solana addresses associated with the Bless project transferred out 300 million BLESS tokens—worth approximately $3.83 million—within the past 9 hours, during which the BLESS price plummeted by 55%. Of these, 200 million BLESS tokens (valued at ~$2.15 million) were sent to Bitget, and 50 million BLESS tokens (valued at ~$500,000) were bridged to BSC and are currently being sold. The relevant cross-chain address has already sold 10 million BLESS tokens, receiving 125,000 USDT in return.
Odaily News According to Lookonchain monitoring, U.S. Bitcoin ETFs recorded a net inflow of 4,566 BTC today, Ethereum ETFs saw a net inflow of 23,405 ETH, and Solana ETFs saw a net inflow of 13,662 SOL.
According to Cointelegraph, blockchain lending platform Figure Technology and its on-chain credit platform Hastra have officially integrated auto loans into their tokenized credit market, further expanding the range of real-world assets (RWAs) accessible to decentralized finance (DeFi) investors. Democratized Prime—the decentralized lending marketplace operated by Figure Markets—has launched auto finance as a new asset class for the first time. Hastra has also announced its expansion to Ethereum Virtual Machine (EVM)-compatible chains, with plans to roll out auto loan products first on Solana and then on Ethereum in June. According to Michael Tannenbaum, CEO of Figure, the platform has generated over $22 billion in on-chain loans to date. Analysts view Figure’s tokenized lending business as experiencing significant growth and have assigned it an “outperform” rating with a $67 price target.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale opened a 20x leveraged long position of 13,000 ETH—valued at approximately $28.67 million—across two separate wallets, while also holding a 20x leveraged long position of 286,153 SOL and a small 5x leveraged long position in DYDX.
According to CoinShares’ Research Report (Issue 281), digital asset investment products recorded $1.1 billion in net inflows last week—the highest single-week level since January this year—driven primarily by U.S. CPI data coming in below expectations and ceasefire indications in the Iran situation, both of which significantly boosted market risk appetite. By asset, Bitcoin led inflows with $871 million for the week, bringing its year-to-date cumulative inflows close to $2 billion. Ethereum sentiment improved markedly, attracting $196.5 million in inflows; however, it remains in net outflow territory year-to-date. XRP saw $19.3 million in inflows, while Solana posted a modest outflow of $2.5 million. Notably, bearish Bitcoin products attracted $20.2 million in inflows during the same period—the largest single-week inflow since November 2024—indicating persistent hedging demand. Regionally, the U.S. dominated inflows, accounting for 95% of the total—or $1.06 billion. Germany, Canada, and Switzerland recorded inflows of $34.6 million, $7.8 million, and $6.9 million, respectively. Trading volume rose 13% week-on-week, yet the weekly volume of $2.1 billion remains below the year-to-date average of $3.1 billion. Total assets under management have rebounded to early-February levels.
According to on-chain analytics platform Lookonchain (@lookonchain), Circle has just minted an additional 250 million USDC. Over the past month, Circle has minted 10.5 billion USDC on the Solana blockchain.
According to CoinDesk, Bitcoin is currently trading at approximately $71,200, while Ethereum trades at $2,185; the broader market remains range-bound. Bloomberg analyst Mike McGlone warned that if Bitcoin fails to reclaim $75,000, it risks falling as low as $10,000; conversely, Fundstrat founder Tom Lee believes the market bottom has already been established. In derivatives markets, Bitcoin futures open interest rose to 726,000 BTC, with the 24-hour Cumulative Volume Delta (CVD) remaining positive for two consecutive days and funding rates slightly above zero—indicating an overall bullish bias. In contrast, CVD and funding rates for ETH, XRP, and Solana are marginally negative. The volatility index continues to decline, with the market anticipating price swings of only about 2.5% around Friday’s inflation data release. Among altcoins, MANA and AERO each rose roughly 6%; however, MANA’s gain coincided with a 25% surge in open interest, suggesting leveraged trading drove much of the move. Market participants are closely watching whether Bitcoin can decisively break above and hold $75,000—if achieved, it could trigger capital rotation into oversold altcoin sectors.