Overview
Last week, the SOL Futures ETF launched on CME. Trump made headlines by pledging the U.S. will “dominate crypto.” Sonic’s TVL hit $933M, Raydium launched a new token launchpad, and Robinhood entered prediction markets. NFT volume dipped to $55M, while memecoins surged to a $51.4B market cap and $5.67B in daily volume.
Key Events of the Week
ETF ｜ SOL Futures ETF launched on CME the 17th Mar (18 Mar)
SOL Futures ETF had $12.3M trading volume with $7.8M open interest.
US Macro | Trump promises US will ‘dominate crypto’ (20 Mar)
The first sitting president to address a crypto conference says the US is positioned to “dominate crypto and the next generation of financial technologies”
Other Events
Dex | Sonic TVL and MAU are rising (17 Mar)
Sonic TVL rises to $933M while its daily active user base comes to 41K.
Prediction market | Robinhood launches prediction markets (18 Mar)
Robinhood is starting with politics, economics and sports, and we will continue to broaden the coverage over time.
DEX | Raydium launching new token launchpad (18 Mar)
Raydium is launching a token launchpad, called LaunchLab, that will initially resemble pump.fun.
NFT
Over the past week, NFT marketplace volume went down to $55M from $60M one week ago. Ethereum claimed the top spot with a 59.5% market share while with $32.7M chain volume.
Credit to : TheNFTPulse
Memecoin
Over the past week, the market cap for memecoins reached $51.4B on March 24th, marking a 4.23% increase from the previous week.
Meanwhile, daily trading volume came to $5.67B on March 24th, reflecting a 14.46% increase compared to last week.
Credit to : CoinMarketCap
