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Fundstrat Solana Report

Our partners at Fundstrat, a leading market strategy and sector research fund, have just released their report on the cutting edge technology being developed on the Solana blockchain. They have also been kind enough to make it available to Beluga Brief subscribers for free!

If you’re interested in a deep dive into topics like the slide above, you can download the full report from the link below. You can expect more reports like this from our partners in the future, so be sure to stay tuned if you’re interested in getting ahead of the market!

Weekly Beluga Insights

Today marks the end of another incredible week for Bitcoin, as it touched $99,500 earlier today and now rests just under $99,000. Through talk of the Trump administration adding a Crypto-specific role to the White House, Gary Gensler’s resignation, and an increasing number of companies and countries adding Bitcoin to their balance sheet it continues rising. Personally my target for this cycle was $100,000 so to see us rise there so quickly is really incredible — of course with making new highs comes more interest from mainstream audiences, so I don’t expect to see this movement stop out in the near future.

With the market getting so hot, a lot of long-awaited tokens are finally launching as well as many that have been in stealth. More specifically, highly anticipated EVM-compatible blockchain Monad has finally begun rolling out its testnet. It’s difficult to stay on top of all these launches, so if you don’t want to miss anything be sure to stay tuned to the Beluga site where we cover all the hottest upcoming tokens and products!

Major Movers of the Week

Public Trading Wallet Update

Yet another green week for the Beluga Trading Wallet in the books, with a particularly good performance out of $CRV pushing our position to be up over 60%. Bitcoin itself has also risen to become our top position on this massive movement, showing why even in an alt-coin focused portfolio Bitcoin should still occupy the anchor position. At the end of the day most of the attention on crypto is on BTC, so it’s always worth having it be a significant piece of your crypto portfolio.

Curve outperforming a lot of the market this week is very encouraging for DeFi tokens in general which have not received any love this year. If this is the beginning of the rotation back to DeFi as I think it may be, I’d expect Ethereum and its ecosystem to start ripping. Given how hated an asset ETH has been this year, I think the movement would be pretty violent — definitely something to keep an eye on.

Catch Up on What You Missed

• Bitcoin smashes record on path to $100,000 amid BlackRock options debut: ‘This is a big deal.’

• Trump reportedly plans to name pro-crypto hedge fund manager Scott Bessent as Treasury Secretary

• SEC chair Gensler’s departure sparks hope for compromises in crypto cases, regulation

• Coinbase app gets left behind as memecoin craze drives traders on-chain

Tweet of the Week

I still can’t believe this happened.

Recent Beluga Content

Disclaimer

The content on this site is for informational purposes only and should not be construed as investment advice. While Beluga strives to ensure the accuracy and timeliness of information, there may be discrepancies when comparing our data to that of financial institutions, service providers, or specific product websites. Always consult with a professional before making any financial decisions.

Will McKinnon is the Head of Content for Beluga and has spent every day for many years trading coins. For that reason there are too many to name, however his largest holdings by a significant margin are Ethereum and Bitcoin. NFA DYOR