The dip coming a bit sooner than expected. I nibbled a bit here at $55.5, but would ideally like the opportunity to add big in the low 50's for $HYPE. IF we get it. Which idk if we will or not
Of course, price wont move up in a straight line but the fundamentals have never been better and price discovery likely continues over the next few weeks. It just depends on your time frame. Some people think about where hype might be in 3-5 years, and some people think about 3-5 days. I think about both. if price is down even 1%, i wonder if my idea is invalidated, how could i be so stupid. if its up, I know im a fucking genius. Today I have been both, stupid, and a genius.
I also began a small position in $LIT. Down 20% on the day, would expect a decent recovery there. Not that these two are remotely the same thing.
@KatyKray73 It's ok, remember no changes to CGT or negative gearing
Just make it up as you go! Stats, promises just make them all up nobody is gonna care 😂
This is really unprecedented
A Labor premier absolutely ripping shit out of federal Labor over a budget
Federal Labor really don’t understand how much the country is heaving right now
@AlboMP Mate, you just shattered hope for countless Millenials with a brokerage account and a stock portfolio, adding years to our savings goals from extra taxes.
It's just Un-Australian, to be very frank.
@_Checkmatey_@AlboMP Enough lies Albo, just sell it for what it is, a giant tax grab designed to double the tax on any young aspiring Australian trying to get ahead. Doesn't matter whether it's shares crypto or any other assets you've basically doubled or tripled the tax take.
@Katherine_deves@JEChalmers@AustralianLabor Lie lie lie through your teeth, then tax all assets and lie some more about pretending that it's intergenerational equity, I've lost all faith in politics now , a promise repeated 50 times mean nothing , worse than nothing even @JEChalmers
@JEChalmers Nice, I like how you guys basically doubled the tax on all assets while pretending it's about "intergenerational equity" yet grandfathered all gains for anyone that has bought a house already. Not voting for you lying lot again
We're very pleased to welcome Albo to the @_checkonchain team as our new 47% co-owner of the business we've built!
We're so very happy to take on 100% of the risk, do 100% of the work, and pay 100% of the expenses...
...and then hand over 47% of the wealth generated.
@_Checkmatey_@AlboMP Where is the equity in this set of changes - young Australians who are trying to get ahead are going to be terribly disadvantaged to the older generation that have already built wealth
@_Checkmatey_ So called changes "for intergenerational equity" - more like kneecapping anyone in the younger generation trying to get ahead.
Any investment in growth assets will have a doubling or tripling of tax take effectively.
SOL is officially a digital commodity. While the headlines were catching up to reality, RWA value hit an all-time high, stablecoin supply crossed $17B, and the builder pipeline keeps getting deeper.
Here’s what happened over the week:
📰 Headline News
- @SECGov formally classified SOL as a digital commodity in its new crypto asset taxonomy
- Solana's RWA Value hit an ATH of ~$1.85B
- @OndoFinance expanded Ondo Global Markets to 250+ tokenized stocks, ETFs and commodities
- SIMD-0266 (P-Token) went live on testnet
📰 Launches
- @tokens launched. Find 24/7 breaking news, how it moves global financial markets, and where those markets live on Solana
- @altitude unlocked bank transfers, allowing direct bank payments worldwide from Altitude accounts
- West Coast Stock Transfer adopted @alpha_ledger's Vulcan Forge to tokenize @SiloPharma securities on Solana
- @hinkal_protocol released its privacy wallet on Solana
- @GustoHQ integrated USDC on Solana payouts for same-day international contractors payments
- @kamino announced a pilot integrating its Atlas Collateral Management with @Anchorage for institutional credit
@Paradex's DIME debuted on Solana via @Sunrise_DeFi
- @PlayBabylon unveiled its multiplayer prediction game where humans and AI agents compete
- @MessariCrypto added Solana support for x402 payments across its API endpoints
- @GoDark opened early access to its decentralized dark pool DEX for private trading
- @DeriveXYZ shipped SOL options on its platform
- @colosseum crowned the winners of the Agent Hackathon
- @SuperteamDE to host Solana Summit Germany in Berlin on June 13
- @solana_devs kicked off the Solana Japan Developer Bootcamp
- @SP3NDdotshop facilitated eBay purchases with USDC on Solana
- @sanafionchain presented Sana Card, a self-custody Visa card issued by @raincards
- @Alchemy enabled Solana agents to pay for its APIs with USDC via @x402
- @bigdance_fun rolled out an onchain tokenized bracket game tied to tournament outcomes
- @solanamobile launched Builder Grants
- @glamsystems introduced Token ACL, enabling compliance with composability
- @CyreneAI launched Genesis Accelerator offering Solana builders up to $100K in seed capital
- @travalacom expanded its car rental bookings to include Solana support
- @ScorelyGG debuted a sports betting platform with up to 10x leverage on odds
- @fairscalexyz shipped FairScale L3Ns as a Chrome extension, displaying any Solana wallet's reputation score
- @yield launched yoSOL algorithmically optimized vault
📰 Milestones
- @bulktrade recorded 110K wallets, 45K traders, and 330K trades by Day 3 of its testnet
- Solana stablecoin supply reached $17B
- @humafinance surpassed $11B in total PayFi transaction volume
- @solflare crosses $3M Private Send
If you enjoyed this week’s newsletter, please share it with an RT.
Cover art by @gettles