GPT WARS, an immersive first-person shooter survival game, announced a strategic collaboration with CribbleChat, an AI agent revolutionizing Web3. The alliance aims to add innovative intelligence to the Web3 gaming experience.

GPT WARS is a first-person shooter survival game built on top of the TON blockchain. The game challenges players to fight with multiple robotic enemies to survive and restore balance. The Web3 game encourages ownership of game tokens through the blockchain-driven economy. Players can earn and trade digital assets using GPTW tokens, promoting a lively player-focused marketplace.

On the other hand, CribbleChat is an AI agent platform developed on top of diverse Web3 data, designed to provide unified, predictive intelligence tailored to each user.

GPT WARS integrates CribbleChat

With this partnership, GPT WARS integrates CribbleChat’s AI abilities to power real-time, powerful intelligence within its Web3 gaming ecosystem.

Through this collaboration, CribbleChat’s AI will evaluate player behavior, in-game data, and even wider gaming market trends to provide accurate, predictive, and impactful insights. These insights come as in-game advice, tactical strategies, and even calculated moves for players based on real-time chances (expectations) and enemies’ behaviors.  

CribbleChat AI agents are built to evolve with every block. This means that as more data are produced on the TON blockchain network through GPT Wars gameplay, CribbleChat AI agents will learn and adapt, making their market insights more complex and accurate over time.

CribbleChat will offer real-time streamed data flows for GPT Wars operators and game players. The AI agents will provide GPT Wars operators with advanced analytics on user sentiment, tokenomics performance, and game engagement, as a result creating data-driven, intelligent decision-making. For GPT Wars players, these AI agents will display live dashboards, showing crucial information, resource accessibility, and opponent’s positions. TON’s underlying blockchain infrastructure will be the channel for these real-time data streams, ensuring immutability and transparency.

How AI is shaping Web3 gaming

This collaboration showcases an advanced technique for uniting emerging tech resources within Web3. As the gaming sector continues to grow, ground-breaking tech tools are emerging to redefine the way people play and engage with digital games.

Artificial intelligence continues to redefine the sector in approaches that were in the past unthinkable. This growth is fuelled by several catalysts, such as rising acceptance of artificial intelligence in game production, expanding demand for interactive gaming, and the growth of blockchain-focused gaming projects.

While the latest applications in Web3 gaming are exciting, the technology continues to bring more innovation. One area in which AI is making a massive effect is game development. By evaluating player taste and behavior, AI models are being used to develop more immersive and engaging experiences, tailor-made to each player’s individual preferences.

TLDR:

• Sonic Labs dApp map reveals strong growth across DeFi, gaming, and restaking sectors.
• The $S token trades at $0.3904 after a 12.8% weekly dip, hovering near strong technical support.
• MACD and volume indicators hint at a reversal; major resistance lies near $0.66.
• Sonic hit $1B TVL in 66 days, faster than Sui (505 days) and Aptos (709 days).

Sonic Labs continues building momentum across its blockchain ecosystem while the native token faces technical challenges. The high-performance Layer-1 blockchain has attracted developer activity and maintains strong fundamentals. 

Market analysts point to potential reversal signals despite recent price weakness. 

Community engagement remains robust as new decentralized applications launch regularly. Technical indicators suggest the current price levels might present strategic entry opportunities for investors.

Sonic Labs Ecosystem Reaches New Milestones

House of Chimera recently highlighted the expanding Sonic Labs ecosystem through a comprehensive decentralized application map. 

The blockchain network showcases diverse categories, including decentralized exchanges, domain services, gaming platforms, and liquid restaking tokens. Sonic’s infrastructure, powered by SonicVM, delivers 400,000 transactions per second with instant finality capabilities.

The @SonicLabs ecosystem is moving at warp speed ⚡

🔹 New dApp map just dropped: DEXes, Domains, Games, LRTs & more
🔸 Bridges, Tooling & Restaking are booming
🔹 Powered by SonicVM + blazing infra

Which app’s standing out to you this round, anon? 👀 pic.twitter.com/WhSYIVRpkI

— House of Chimera (@HouseofChimera) June 4, 2025

The ecosystem growth stands out among competing blockchains in the current market environment. Community members actively discuss missing projects like SonicxDex, indicating rapid development cycles requiring constant map updates. 

Bridge solutions and restaking protocols continue gaining traction within the network.

Current market data from CoinGecko shows Sonic’s native token trading at $0.3904 with substantial daily volume. The 24-hour trading volume reached $86,404,377 despite a 4.23% price decline during the same period. 

Weekly performance shows a sharper 12.86% decrease, reflecting broader market pressures affecting the cryptocurrency sector.

CryptoBusy noted that Sonic sits on major support levels after extended compression periods. They suggest that strong bounce potential exists at current price levels. A clean breakout from the established trading range could trigger momentum-driven price movements.

Technical Indicators Point to Potential Reversal

King Crypto’s analysis identifies the current price zone as a potential bottom formation for Sonic Labs.

The Moving Average Convergence Divergence indicator shows slowly gaining strength, according to the technical assessment. Chart patterns suggest that reversal momentum could develop soon.

The price currently tests support around $0.3852, with resistance levels mapped at $0.4372 and $0.5604. Major resistance zones exist between $0.6232 and $0.6660, representing critical breakout targets. The MACD histogram displays positive momentum shifts that often precede trend reversals.

$S / $USDT – 1 Day

The bottom is in for @SonicLabs, this is the best entry anyone can get.
Take a look at the MACD, it’s slowly gaining strength, and the reversal is imminent.

Sonic Labs is the blockchain for builders, that much is clear.
Even with the market uncertainty since… pic.twitter.com/gxWtuYPgOy

— King Crypto (@iam_kingcrypto) June 4, 2025

Despite market uncertainty throughout the year, Sonic Labs maintains impressive operational metrics. 

King noted that monthly decentralized exchange volume consistently exceeds $4 billion, demonstrating sustained network activity. The blockchain achieved $1 billion total value locked within just 66 days of launch.

This performance outpaces competitors like Sui, which required 505 days to reach similar milestones. Aptos took even longer, at 709 days, to achieve comparable TVL figures. Sonic’s strategic focus on fee monetization through dedicated platforms supports revenue generation.

Market participants view current price levels as potentially undervalued given the network’s operational performance. Community engagement remains active across social platforms as ecosystem expansion continues.

BOCA RATON, FL, June 06, 2025 (GLOBE NEWSWIRE) — DeFi Development Corp. DFDV (the “Company” or “DeFi Dev Corp.”), the first US public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced a strategic partnership with Drift Protocol, the leading decentralized derivatives exchange on Solana with $1B in deposits.

As part of the collaboration, Drift intends to integrate dfdvSOL, a liquid staking token (LST) staking to the DeFi Dev Corp. validator, into Drift’s borrow/lend market. This integration expands the utility of dfdvSOL into Solana, offering market participants new ways to access rewards while holding a reward-generating, SOL position staked with DeFi Dev Corp.

“The Drift platform is world-class, and this integration thus boosts the utility of dfdvSOL across the DeFi ecosystem,” said Parker White, CIO & COO of DeFi Dev Corp. “We’re excited to be working with Drift at the intersection of institutional access, derivatives, and liquid staking.”

The partnership also includes plans for future support of tokenized equity assets, including the potential tokenization of DFDV’s publicly traded stock. While early-stage and non-binding, both parties are aligned in exploring how real-world equities can integrate with Solana’s DeFi ecosystem over time.

dfdvSOL, built by Sanctum in May 2025, is a liquid staking token that represents SOL delegated to the Company’s validator that enables stakers to earn rewards while maintaining flexibility across DeFi applications.

Disclaimer: DeFi Dev Corp. receives a commission on the SOL rewards generated from its validator operations and a portion of the fee imposed via the Sanctum protocol based on staking operations by dfdvSOL users. DeFi Dev Corp. is not responsible for the development, security, or operation of Sanctum’s technology or infrastructure, and is not acting on behalf of Sanctum. Users should independently evaluate the risks associated with LSTs and related technologies.

About DeFi Development Corp.

DeFi Development Corp. DFDV has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to Solana (SOL). Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.

The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage.

The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities (“CMBS”) lenders, Small Business Administration (“SBA”) lenders, and more. The Company’s data and software offerings are generally offered on a subscription basis as software as a service (“SaaS”).

About Drift Protocol Drift Protocol is a decentralized perpetual futures exchange built on Solana that enables high-performance, capital-efficient trading of crypto assets. With a focus on speed, scalability, and advanced risk management, Drift offers fully on-chain perpetual contracts powered by a dynamic liquidity engine and cross-margining system. Drift’s architecture is designed to serve both retail and institutional users, providing low-latency order execution and deep on-chain liquidity within Solana’s high-throughput environment.

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “believe,” “project,” “estimate,” “expect,” strategy,” “future,” “likely,” “may,”, “should,” “will” and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated impairment charges that the Company may incur as a result of a decrease in the market price of SOL below the value at which the Company’s SOL are carried on its balance sheet; (ii) volatility in our stock price, including due to future issuances of common stock and securities convertible into common stock; (iii) the effect of and uncertainties related the ongoing volatility in interest rates; (iv) our ability to achieve and maintain profitability in the future; (v) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (vi) changes in the accounting treatment relating to the Company’s SOL holdings; (vii) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (ix) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (x) other risks and uncertainties more fully in the section captioned “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized, or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

Investor Contact:

ir@defidevcorp.com 

Media Contact:

Prosek Partners

pro-ddc@prosek.com 

Compound founder Robert Leshmer has joked that Tesla CEO Elon Musk is just two weeks away from buying $100 billion worth of Bitcoin and “tanking” the dollar.

This comes after Musk voiced intense criticism of the House-passed tax bill, which is expected to add trillions to the deficit over the next decade. 

As reported by U.Today, Blockstream CEO Adam Back recently opined that Bitcoin would be a perfect fit for Musk.

However, Back is not optimistic that Musk will eventually adopt Bitcoin, which would be “the obvious smart money move.”

Even though Tesla and Musk do own Bitcoin, Back insists that the current  allocation is too low for his net worth. 

HeLa Labs, the renowned L1 blockchain devoted to offering cutting-edge DeFi solutions, has commenced its latest partnership with DragonMaster, a popular blockchain-powered Metaverse game. The collaboration aims to advance Web3 gaming sector with the inclusion of multiplayer online battle arena (MOBA), real-time strategy (RTS), play-to-earn gameplay (P2E), and collectible mechanics. The platform disclosed this joint effort in a recent post shared on its official X account.

HeLa Labs and DragonMaster Collaborate to Innovate Web3 Gaming with Advanced Integrations

HeLa Labs’ collaboration with DragonMaster denotes a crucial step to boost Web3 gaming with cutting-edge technologies. In this respect, the players will be provided an advanced gaming experience with latest capabilities like RTS, P2E, and MOBA. HeLa Labs is famous for making significant contributions to decentralized technologies and Web3 infrastructure. With this partnership, the platform will assist in increasing possibilities concerning immersive experiences in gaming.

In this respect, both HeLa Labs and DragonMaster are merging their creative and technological strengths to meet the new gaming requirements. They intend to enable improved gameplay experiences while focusing on player engagement and blockchain innovation. Together, the companies are reportedly expanding the boundaries of Web3 gaming as well as immersive strategy.

Revolutionizing Player Experience with Latest In-Game Mechanics and Robust P2E Model

DragonMaster is the most suitable platform for this collaboration as it is a prominent player when it comes to blockchain gaming with its exclusive merger of diverse new gameplay styles. The game integrates MOBA-style battles and RTS mechanics for competitive depth and tactical control. It also incorporates collectible NFTs, representing dragons with diverse levels of rarity, abilities, and strengths. Additionally, its resilient P2E model is a key attraction point for players. Apart from that, the partnership with HeLa Labs is anticipated to improve its technical abilities with solutions dealing with decentralized infrastructure.

As per HeLa Labs, the shared initiative underscores a new milestone in the rapidly growing blockchain gaming world. Hence, both the platforms are anticipated to delve into exclusive synergies while prioritizing player benefits. Moreover, this endeavor may include the introduction of latest governance models to let players shape the DragonMaster ecosystem’s future via decentralized decision-making. As the partnership unfolds, both the collaborators advise users to stay tuned to leverage new updates and participation opportunities.

BOCA RATON, FL , June 05, 2025 (GLOBE NEWSWIRE) — DeFi Development Corp. DFDV (the “Company” or “DeFi Dev Corp.”), the first US public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced a strategic partnership with Amber International Holding Limited AMBR (“Amber International”), a leading provider of institutional crypto financial services and solutions and operating under the brand name “Amber Premium.”

Following the signing of a Memorandum of Understanding (“MOU”), the two companies have entered into an agreement to collaborate across SOL-denominated treasury acquisition, structured products, staking, and validator integration. The partnership is designed to enhance DFDV’s SOL accumulation strategy and expand Amber Premium’s product offerings for institutional clients seeking rewards and infrastructure access on Solana.

Through this collaboration, Amber Premium may serve as a broker for DFDV’s treasury acquisitions. In parallel, DFDV may structure and manage SOL-denominated products — including staking solutions — leveraging its validator operations to deepen its footprint within the Solana ecosystem.

“This partnership aligns with our broader goal of unlocking innovative onchain strategies for public market investors,” said Parker White, COO & CIO of DFDV. “Amber Premium’s institutional reach and market infrastructure complement our focus on compounding SOL per share through high-quality partners and differentiated deal flow.”

“We’re excited to work with DFDV to build new pathways into the Solana economy for our clients,” said Steve Zhang, Head of Capital Markets at Amber Premium. “This partnership brings together deep technical capability and a shared commitment to innovation and transparency. It marks another step in expanding our institutional product suite with blockchain-native solutions that deliver real utility and value.”

This MOU reflects a shared vision of bridging traditional financial markets with the next generation of crypto-native opportunities. Additional details regarding structured product rollouts and validator integrations will be shared in the coming months.

For more information, visit defidevcorp.com. To stay up-to-date with the latest developments and insights, subscribe to our blog.

About DeFi Development Corp.

DeFi Development Corp. DFDV has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to Solana (SOL). Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.

The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage.

The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities (“CMBS”) lenders, Small Business Administration (“SBA”) lenders, and more. The Company’s data and software offerings are generally offered on a subscription basis as software as a service (“SaaS”).

About Amber International Holding Limited

Amber International Holding Limited (Nasdaq: AMBR), operating under the brand name “Amber Premium”, is a leading provider of institutional crypto financial services and solutions. A subsidiary of Amber Group, Amber Premium delivers institutional-grade market access, execution infrastructure, and investment solutions to help institutions and high-net-worth individuals optimize their digital asset portfolios. The firm offers a regulated, scalable financial ecosystem powered by proprietary blockchain and financial technologies, AI-driven risk management, and quantitative algorithms across CeFi, DeFi, and OTC markets. Learn more at www.ambr.io

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “believe,” “project,” “estimate,” “expect,” strategy,” “future,” “likely,” “may,”, “should,” “will” and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated impairment charges that the Company may incur as a result of a decrease in the market price of SOL below the value at which the Company’s SOL are carried on its balance sheet; (ii) volatility in our stock price, including due to future issuances of common stock and securities convertible into common stock; (iii) the effect of and uncertainties related the ongoing volatility in interest rates; (iv) our ability to achieve and maintain profitability in the future; (v) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (vi) changes in the accounting treatment relating to the Company’s SOL holdings; (vii) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (ix) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (x) other risks and uncertainties more fully in the section captioned “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized, or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

Investor Contact:

ir@defidevcorp.com

Media Contact:

Prosek Partners

pro-ddc@prosek.com

Crypto traders holding XRP

and dogecoin can now tap into yield-generating decentralized finance (DeFi) opportunities on Base, the layer-2 blockchain from digital assets exchange Coinbase (COIN).

On Wednesday, the Nasdaq-listed exchange said the wrapped versions of the two tokens, called cbXRP and cbDOGE, were live on Base. These wrapped tokens are backed 1:1 by native coins, meaning that for all cbXRP and cbDOGE in circulation, there is an equivalent amount of XRP or dogecoin held in a secure custody solution by Coinbase.

Wrapped tokens represent the original assets in environments where they are otherwise unavailable, offering compatibility with Base’s protocol and DeFi applications. This facilitates interoperability, allowing for the seamless transfer of coins within the ecosystem while allowing holders to tap into DeFi and generate additional returns on top of their spot market holdings.

The wrapped version of XRP has achieved a market cap of over $5 million within the first 24 hours, according to data source BaseScan. Wrapped DOGE’s market cap is fast nearing the $2 million mark.

XRP is a payments-focused cryptocurrency used by Ripple to facilitate cross-border transactions and has a market cap of $128.8 billion, making it the fourth-largest cryptocurrency. Dogecoin, with a market value of $28.2 billion, is the world’s leading meme token by market value, CoinDesk data show.

Coinbase debuted a wrapped version of bitcoin

, the largest cryptocurrency, on Base in September last year. That has reached a market cap of over $4.7 billion.

BOCA RATON, FL, June 02, 2025 (GLOBE NEWSWIRE) — DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) the first US-listed public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced that Head of Investor Relations Dan Kang will be speaking at Maxim Group’s 2025 Virtual Tech Conference on Thursday, June 5, 2025, at 10:00 a.m. Eastern Time.

To attend the event, register at: https://m-vest.com/events/tmt-06032025

For more information, visit defidevcorp.com. To stay up-to-date with the latest developments and insights, subscribe to our blog.

About DeFi Development Corp.

DeFi Development Corp. (Nasdaq: DFDV) has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to Solana (SOL). Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.

We are an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions as well as value-add services to multifamily and commercial property professionals as we connect the increasingly complex ecosystem that stakeholders have to manage.

We currently serve more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders including more than 10% of the banks in America, credit unions, real estate investment trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities (“CMBS”) lenders, Small Business Administration (“SBA”) lenders, and more. Our data and software offerings are generally offered on a subscription basis as software as a service (“SaaS”).

Forward-Looking Statements
This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “believe,” “project,” “estimate,” “expect,” strategy,” “future,” “likely,” “may,”, “should,” “will” and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated impairment charges that the Company may incur as a result of a decrease in the market price of SOL below the value at which the Company’s SOL are carried on its balance sheet; (ii) volatility in our stock price, including due to future issuances of common stock and securities convertible into common stock; (iii) the effect of and uncertainties related the ongoing volatility in interest rates; (iv) our ability to achieve and maintain profitability in the future; (v) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (vi) changes in the accounting treatment relating to the Company’s SOL holdings; (vii) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (ix) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (x) other risks and uncertainties more fully in the section captioned “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized, or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

Investor Contact:
ir@defidevcorp.com

Media Contact:
Prosek Partners
pro-ddc@prosek.com

Donald Trump, the former U.S. President, has sparked considerable attention in the Web3 community with his deepening involvement in the cryptocurrency market. 

In recent years, “Trump crypto” has evolved from a trending search term into a broader phenomenon – reshaping how the public perceives the intersection between politics and blockchain technology.

The Trump crypto narrative can be divided into two key areas: tokens and NFTs. This article provides a comprehensive look into both, exploring everything from NFT launches and policy stances to notable statistics and the potential long-term impact should Trump return to the presidency.

The Launch of TRUMP Coin: Donald Trump’s Foray into Solana and Political Branding

On January 17, 2025 – just three days before his second presidential inauguration, Donald Trump officially launched his namesake cryptocurrency token, TRUMP coin, on the Solana blockchain. The announcement was confirmed via his verified social media accounts, including Truth Social and X.

Presented as a cultural symbol rather than an investment vehicle or campaign fundraising tool, the TRUMP coin token quickly garnered widespread attention. Within hours of its debut, trading volume surged into the millions of dollars, driven largely by FOMO across the crypto community.

Key details of the TRUMP token include:

• Blockchain: Solana
• Total supply: 1 billion tokens
• Token distribution: 20% went to the public, while 80% is held by Trump-linked firms CIC Digital and Fight Fight Fight.
• Fully diluted valuation: Estimated to have reached as high as $27 billion during its initial trading days

Despite the excitement, the token has faced its share of criticism. Crypto analysts and community members have raised concerns about its utility, arguing that $TRUMP lacks intrinsic value beyond branding. 

Holding 80% of the supply in Trump-linked firms raised concerns about manipulation and centralization.

Trump hinted at a Mar-a-Lago event for $TRUMP holders, open only to wallets meeting a token threshold.

Some critics argue the project strays from Web3 ideals and exploits Trump’s fame for speculation.

I have revealed SCAM scheme behind $TRUMP memecoin

Donald Trump’s token will drop to 0 this week, no jokes

Few understand what’s happening, but this will change crypto

They showed you what you wanna see, but here is the truth👇🧵 pic.twitter.com/SN3gwJJsy9

— Midas (@DeFiMidas) January 20, 2025

In addition to TRUMP, several unofficial “meme tokens” such as $MAGA and $DJT have also circulated in the market. These tokens, however, have not received any official endorsement from Trump or his team. 

$DJT briefly stirred controversy after being wrongly linked to Trump, but no evidence confirmed the connection.

Source: DexScreener

The $TRUMP launch marks a shift in Trump’s Web3 strategy, blending politics with digital assets.

Trump’s token launch shows how public figures use crypto to build and profit from their brand.

Trump in Crypto Space

Donald Trump’s first NFT collection, titled Trump Digital Trading Cards, debuted on December 15, 2022, via the Polygon blockchain. Each NFT was priced at $99 and depicted the former president in various dramatic personas, including superhero, cowboy, and astronaut. 

Despite widespread mockery and skepticism, the collection sold out within 12 hours, generating approximately $4.4 million in initial revenue.

Read more: Trump NFT Collections: The Highs, Lows, and Controversies

According to data from Dune and other aggregators as of May 2025:

• The total secondary market trading volume for Trump NFTs has surpassed $10 million.
• The first collection comprised 45,000 NFTs, distributed among more than 14,000 unique owners.
• At launch, Polygon saw a temporary surge in trading volume, increasing by nearly 200%, driven largely by the Trump NFT frenzy.

Source: Dune

In 2023, Trump released a second collection – Trump Digital Cards Series 2, with 47,000 NFTs, maintaining the $99 price point. Later that year, in December, he unveiled a special “Mugshot Edition” featuring 100,000 NFTs inspired by his widely circulated booking photo taken at Fulton County Jail following his criminal indictment. 

This edition also sold out in under 24 hours. Notably, buyers who purchased 47 or more NFTs were rewarded with a physical trading card embedded with fabric from the suit Trump wore in the mugshot, along with an exclusive invitation to a gala at Mar-a-Lago.

For Trump, NFTs have proven to be more than just collectibles or memes. A portion of the proceeds from each NFT drop has reportedly been used to fund his presidential campaign, illustrating how NFTs can serve as a creative, legitimate fundraising tool in the Web3 era. 

His ability to monetize digital assets in support of political goals has set a precedent for how blockchain-based fundraising might evolve in future election cycles.

Trump’s Crypto Policy and Market Impact

In a stark reversal from his earlier stance – where he once referred to Bitcoin as a “scam” – Donald Trump has, by 2024–2025, embraced cryptocurrency as a core pillar of national financial sovereignty. Framing Bitcoin as a “hedge against authoritarian government,” Trump has made several public commitments that signal a pro-crypto shift in policy:

• Opposing the launch of a central bank digital currency (CBDC) by the Federal Reserve
• Restricting the regulatory authority of the SEC over the crypto market
• Supporting Bitcoin mining operations within U.S. borders

The Web3 community — especially miners — has responded warmly to these declarations. Following Trump’s speech in Texas in May 2025, the share prices of major Bitcoin mining firms – including Riot Platforms, CleanSpark, and Marathon Digital, surged between 10–25%.

Trump Digital Trading Cards: NFT Price Movements

• December 2022: The initial Trump Digital Trading Cards launched at $99 each and sold out within 12 hours, generating approximately $4.4 million in primary sales.
• July 2024: Following a news cycle involving Trump, the floor price of Series 1 NFTs jumped from roughly $228 to over $500, while Series 2 saw a ~20% increase.
• January 2025: Just before Trump’s second inauguration, Series 1 floor prices spiked from 0.059 ETH to 0.27 ETH in a single day, with daily trading volume reaching 746 ETH.
• Cumulative volume: As of early 2025, total trading volume across all Trump NFT collections exceeded 19,736 ETH (over $65 million USD).

Source: MagicEden

Price Volatility of the TRUMP Coin

• November 2024: Following Trump’s presidential election victory, TRUMP pumped over 300% within 24 hours, then dropped nearly 45% in the following two days as early holders took profits.
• January 2025: TRUMP reached its all-time high of nearly $75 on January 19, just days before the inauguration.
• April 2025: The announcement of an exclusive Mar-a-Lago dinner for the top 220 holders triggered a 58% rally, pushing the price to $14.32.
• May 2025: After the campaign concluded, TRUMP retraced to around $11.04, marking a nearly 15% drop from its recent local high.
• Market cap: As of June 2025, TRUMP has a market capitalization of approximately $2.2 billion, placing it among the top five memecoins on CoinMarketCap.

These figures highlight how both the Trump NFT collections and the TRUMP coin remain highly sensitive to political developments and media cycles tied to Trump’s personal brand. Whether through digital collectibles or memecoins, Donald Trump’s presence continues to move markets, blurring the lines between politics, culture, and decentralized finance.

Source: CoinGecko

Trump’s Long-Term Vision: Crypto as a Pillar of Financial Freedom and Political Power

Donald Trump’s engagement with cryptocurrency goes beyond mere marketing or monetization. In public remarks and policy statements since late 2024, Trump has increasingly framed digital assets as tools for preserving financial sovereignty in the face of what he calls “globalist overreach” and “centralized tyranny.” 

By aligning himself with the crypto movement, Trump positions blockchain technology as a means for American citizens to reclaim control over their money and identity.

regulatory environment that encourages blockchain innovation within U.S. borders. His campaign has signaled that under a second Trump administration, America would become a safe haven for digital asset entrepreneurs and developers.

Ultimately, Trump’s adoption of crypto aligns closely with his broader political identity: anti-establishment, nationalist, and disruptive. In this context, the TRUMP coin is not just a meme asset – it’s a symbol of how political influence and blockchain technology may increasingly intertwine in the years ahead.

Conclusion

While not a pioneer of the crypto movement, Donald Trump is effectively leveraging the Web3 ecosystem to build political, financial, and cultural influence. 

From multi-million-dollar NFT collections to vocal policy commitments supporting digital property rights, Trump has made cryptocurrency a strategic pillar of his 2025 presidential campaign.

“Trump crypto” is no longer a passing trend – it may well become a defining case study in the convergence of blockchain technology and political power. Should Trump return to the White House, he would be in a position to enact pro-crypto policies that could reshape the regulatory landscape in the United States and catalyze a new era for the global digital asset economy.