1️⃣ Solana's new fee distribution mechanism has caused its annual inflation rate to surge by 30.5% since February 12. The daily SOL burn has dropped from nearly 18,000 to just 1,000 under Solana Improvement Proposal 96. Instead of burning, all priority fees are now allocated to validators,
2️⃣ Institutions significantly increased their holdings of spot BTC ETFs in Q4 2024, with SEC 13F filings revealing that institutional investments in these ETFs soared from $12.4 billion in Q3 to over $38.7 billion.
3️⃣ The cryptocurrency industry, led by the Blockchain Association and 75 major participants, including Coinbase and Kraken, has urged the U.S. Congress to repeal the IRS's new DeFi broker reporting rule.
4️⃣ Brazil has approved the world’s first spot XRP ETF, with Hashdex's Nasdaq XRP Index Fund set to be listed on the B3 exchange. While the official launch date is yet to be announced, 0 reply
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