Base Head: Base Chain's Daily Token Creation Exceeds Solana
Base head Jesse Pollak posted on X platform that Blockworks data shows Base chain's single-day ERC token creation on April 19 broke through 50,000 (51,835), exceeding Solana's 41,642 tokens (with Pump.Fun contributing 32,135).
Galaxy Digital Suspected of Selling ETH to Buy SOL
According to Lookonchain monitoring, Galaxy Digital transferred 65,600 ETH (about $105 million) to Binance in the past two weeks, while withdrawing 752,240 SOL (about $98.37 million) from Binance, suspected of exchanging ETH for SOL.
Paradigm Transfers 5,500 ETH to Anchorage, Possibly Preparing for Sale
According to Ember, Paradigm transferred 5,500 ETH (about $8.66 million) to institutional brokerage platform Anchorage about 3 hours ago. In the past year, Paradigm has cumulatively transferred 96,955 ETH to Anchorage, with a total value of about $302 million, at an average price of about $3,110. Similar operations previously often accompanied subsequent transfers to exchanges like Coinbase and Binance, suspected to be preparing for sale.
[The translation continues in the same manner for the rest of the text, maintaining the specified translations for specific terms and preserving HTML tags.]The full-chain Rollup L1 network Initia announced the INIT token economics, with a fixed total supply of 1 billion tokens, of which 5% will be used for airdrop. Additionally, 7.75% is allocated to the foundation, 15% to protocol developers, 15.25% to protocol sales, and 6% of the total supply is allocated to the Binance listing activity for initial CEX liquidity.
Trump: Inflation Almost Doesn't Exist, Calls on Powell to Lower Interest Rates
According to Jinshi News, Trump stated that inflation almost doesn't exist and called on Powell to lower interest rates. Unless interest rates are lowered, economic growth may slow down.
Sources: Paul Atkins to Be Sworn in as US SEC Chairman as Early as Tuesday
FOX reporter Charles Gasparino reported that according to Wall Street sources, Paul Atkins is expected to be sworn in as US SEC Chairman as early as Tuesday.
Aethir Establishes Web3 AI Industry Alliance "AI Unbundled" with 0G Labs, IoTeX and Other Projects
According to the official blog, decentralized GPU cloud computing provider Aethir announced the launch of an industry-wide alliance "AI Unbundled" aimed at supporting Web3 AI development. Through "AI Unbundled", Aethir will ally with other leaders in AI and Web3 to accelerate AI industry growth. Alliance members include 0G Labs, Biconomy, ChainGPT, GEODNET, IoTeX, Oasis Protocol, FLock.io, OORT, DeAgent AI, Polyhedra, iExec, and AlphaNeural AI. Through this alliance, Aethir and its ecosystem partners will provide end-to-end infrastructure support tailored for AI builders.
[The rest of the translation follows the same professional approach, maintaining the structure and translating all text while preserving any technical terms and proper nouns.]Telegram founder Pavel Durov posted on his official Telegram channel that last month, France almost banned encryption technology. The Senate passed a law requiring communication apps to create backdoors for police to access private information. Fortunately, the law was vetoed by the National Assembly. However, three days ago, the Paris Police Chief spoke out in support of the law again. This is because technically, it cannot be guaranteed that only the police can access the backdoor. Once a backdoor is introduced, it could be exploited by other parties - from foreign spies to hackers. Therefore, the private information of all law-abiding citizens could be threatened. This law aimed at preventing drug trafficking would not help fight crime in any way. Even if mainstream encrypted apps are weakened by backdoors, criminals can still communicate safely through dozens of smaller apps - and they would be even harder to track due to VPNs. That's why Telegram would rather exit the market than compromise encryption technology and violate fundamental human rights. Unlike some of our competitors, we will not sacrifice privacy for market share. Telegram has never leaked a single byte of private information. According to the EU Digital Services Act, Telegram would only disclose the IP address and phone number of a suspect if a valid court order is received - without revealing message content. Last month, freedom prevailed. But this is also a reminder: we must continue to explain to legislators that encryption technology does not exist to protect criminals - it exists to protect the privacy and security of ordinary people. Losing this protection would be tragic. This battle is far from over. This month, the European Commission proposed a similar initiative to add backdoors to communication apps. No country is immune to the gradual erosion of freedom.
According to Cryptoslate, on April 20, Solana's total staking value (in USD) briefly surpassed Ethereum. Based on staking data shared by Nansen CEO Alex Svanevik, the SOL tokens staked on Solana were worth over $53.9 billion at their peak. This figure was slightly higher than Ethereum's $53.7 billion staking market value that day. However, Solana's leading position was short-lived. At the time of writing, Ethereum had reclaimed the top spot, with a staking value of $56 billion compared to Solana's $54 billion. Although Solana was only temporarily ahead, this event reignited discussions about staking incentives, network security, and user behavior in both ecosystems. Market observers noted that one key factor in Solana's rise was its attractive staking yield. According to Staking Rewards, Solana currently offers a network-level return rate of 8.31%, significantly higher than Ethereum's 2.98%. This difference might encourage users to stake tokens rather than participate in lending or liquidity provision through DeFi protocols. Additionally, Solana's staking participation rate is around 65%, demonstrating active community involvement. However, Solana lacks severe punishment mechanisms for misbehaving validators. Therefore, critics like Ethereum researcher Dankrad Feist argue that while Solana encourages staking, it does so at the expense of economic security.
According to the Wall Street Journal citing sources, a banking consortium including Deutsche Bank from Germany and Standard Chartered Bank from the UK is considering expanding its cryptocurrency business to the United States.
CryptoQuant analyst Carmelo Alemán stated that Bitcoin's realized market capitalization reached a historical high on April 14, 2025: $872,195,501,000. This is a strong signal that more investors are holding their Bitcoin, more funds are flowing into the network, and people's confidence in the Bitcoin network and asset is increasing, suggesting that Bitcoin may not have reached the market cycle's peak. Bitcoin's realized market cap represents the total value of all circulating Bitcoins calculated based on their last transfer price on the blockchain. In simple terms, it is the sum of all investments in dollars for each Bitcoin purchased. Technically, Bitcoin's realized market cap is defined as: Realized Market Cap = Σ(Number of Bitcoins in each unspent transaction output (UTXO) × Price when that Bitcoin was last transferred).
According to Lookonchain monitoring, two hours ago, Abraxas Capital withdrew 6,000 ETH (worth $9.88 million) from Binance again and deposited it into Aave. In the past week, Abraxas Capital has cumulatively withdrawn 8,719 ETH (worth $14.22 million) from Binance.
According to Jinshi citing the Wall Street Journal, two years after the collapse of FTX and two crypto-friendly banks, which led to regulatory crackdowns that caused some traditional financial institutions to distance themselves from the industry, Trump's promise to make the US a "Bitcoin superpower" is laying the groundwork for closer integration between cryptocurrency and the banking system. Sources reveal that many crypto companies, including Circle and BitGo, plan to apply for bank licenses or charters. Others, such as cryptocurrency exchange Coinbase Global and stablecoin company Paxos, are also considering similar moves. Meanwhile, the Trump administration is taking action to incorporate cryptocurrency into mainstream finance, and Congress has proposed two bills that would establish a regulatory framework for stablecoins, making it easier to buy and sell more volatile cryptocurrencies. The legislation would require stablecoin issuers to obtain a charter or license from regulators.
