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Solana price targets $200 amid 47x transaction surge over Ethereum. Solana processed over 410 million transactions in the last seven days. In contrast, Ethereum handled over 8.6 million transactions during the same timeframe, making Solana 47 times more active.

US dollar index crashes, raising hopes of Bitcoin and altcoin prices. This crash came after China announced its retaliatory tariffs against the United States. All US goods entering the country will now face a universal 125% tariff.

Solana based MonkeDAO announced that it had adopted a Bitcoin reserve in its strategy by acquiring the APOLLO on Solana token zBTC. The zBTC is a token pegged 1:1 to Bitcoin and native to Solana. MonkeDAO is the first DAO to adopt the token for its treasury reserve.

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Japanese real estate firm Open House accepts XRP, SOL, and DOGE. Open House customers can now use Solana and Dogecoin to handle real estate payments with the firm.

South Korea has no plans to incorporate Bitcoin in its foreign exchange reserves, according to the country’s central bank. The central bank cited Bitcoin’s high volatility as a major concern, warning that “transaction costs to cash out Bitcoins could rise drastically”.

Crypto Market Cap Sinks 12% with $1B in Liquidations as Trump’s Reserve Plan Loses Steam. The total crypto market cap fell 12.3% to $2.85t, with Bitcoin dropping 9.8% to $83,694, Ether plunging 14.8% to $2,083 and XRP tumbling 17.7% to $2.30.

Michael Saylor, executive chairman of Strategy, called on the US government to acquire 20% of Bitcoin’s network today at the Conservative Political Action Conference (CPAC), arguing it would secure America’s dominance in the digital economy.

Robinhood plans to launch crypto products in Singapore this year through recently-acquired crypto exchange Bitstamp. Bitstamp had received an in-principle approval from the Monetary Authority of Singapore last year.

Michigan joins crypto reserve race with House Bill 4087. House Bill 4087 proposes allowing the state treasurer to allocate up to 10% of both the state’s general fund and the economic stabilization fund for cryptocurrency investments.

Poland’s Central Bank Rejects Bitcoin for Reserves, Citing Security Concerns: Report Instead, Poland’s reserves continue to be held predominantly in traditional assets such as gold, U.S. dollars, and euros, with a strategic focus on financial stability.

Solana has risen to become the second-largest blockchain by DeFi TVL (surpassing Tron), while its app revenue saw an impressive 213% quarter-over-quarter surge. The boom in speculative trading on memecoins and AI-related tokens fueled much of this revenue growth.

Inflows into spot Bitcoin ETF in the U.S. slowed down on Feb. 5 following remarks from Trump’s crypto policy advisor regarding the potential implementation of a national strategic Bitcoin reserve.

Coinbase is urging U.S. banking regulators to allow banks to offer cryptocurrency services, including trading and custody. It also urged the Federal Reserve and FDIC to confirm that banks under their supervision can both offer and outsource crypto services.

Spot Bitcoin ETF in the U.S. shifted to outflows on Feb. 3 as Bitcoin dipped to a three-week low, as the risk of a trade war spooked investors and caused over $2 billion in liquidation in the crypto derivatives market.

XRP, SOL prices tank as over $2b wiped from crypto market after tariffs announced by Trump. Amid the chaos, Bitcoin price dropped nearly 6% to around $91,200 before bouncing back slightly.