Bitcoin Rebounds Nearly 6% As the US, UK Report Multi-Year High Inflation

Kyle Samani, co-founder and managing partner of Multicoin Capital, outlined his renewed Solana bull thesis in an interview with Frank Chaparro.. Multicoin, one of Solana’s earliest backers since its seed round in 2018, is doubling down on its conviction that Solana is the most strategically positioned blockchain to power the future of decentralized finance and payments. Samani made it clear that Multicoin’s outlook on the crypto sector has sharpened significantly over the years. “We’ve fundamentally recognized that these systems are financial systems, first and foremost,” he stated. “We need to be focused on investing in things that are fundamentally tied to innovations in finance.” Samani reflected on the broader downturn in venture funding across the crypto space, pointing to a necessary reckoning around utility and real-world applicability. According to DeFiLlama data cited in the interview, venture capital inflows have now dipped below 2017–2018 levels despite increasing regulatory clarity. Samani attributes this to an overdue market correction away from overfunded, non-viable projects. “People, LPs, have funded crypto venture funds with the implicit implication that crypto will substantially impact all parts of the economy. And I have a narrower view — I think it will have a very high impact in financial services. Otherwise, I generally don’t care.” Related Reading: Solana (SOL) Gains Capped—Breaking $150 Won’t Be Easy This recalibration has led Multicoin to double down on areas where product-market fit is finally emerging, including stablecoins, real-world assets (RWAs), decentralized physical infrastructure networks (DePIN), and cross-border payment systems. “We have these areas now where there’s definitive market fit,” Samani said, highlighting projects like Felix Pago’s remittance network in Mexico and growing interest in crypto-native labor marketplaces integrating stablecoin payouts. Solana’s Edge: Speed And On-Chain Order Books Central to Multicoin’s latest thesis is the growing realization that Solana remains unmatched in providing the speed, throughput, and cost structure necessary to support global financial applications at scale. “If you look at core L1 infrastructure, Solana is the fastest horse today,” Samani asserted. He emphasized that after five years since mainnet launch, Solana is now on the cusp of making fully on-chain order books not only possible but functionally competitive with centralized exchanges. “Latency was not low enough. Chain would fall over […] But as the chain has gotten more stable, as latency’s come down, as throughput is increased, that’s made it more usable for on-chain order books,” Samani explained. He expects the market to reach an inflection point in the next three to six months, where on-chain order books are “functionally usable for both makers and takers, comparable enough to Binance and Coinbase.” Key to unlocking this potential, according to Samani, is “conditional liquidity” — an innovation he believes is now within reach thanks to the maturity of the Solana ecosystem. Ethereum Vs. Solana Samani drew a sharp contrast between Solana’s singular optimization for financial use cases and Ethereum’s generalized approach. “Ethereum’s core problem is they’re not optimized for anything,” he argued. “The definition of focus is saying no to things. And they absolutely refuse to do so.” While Ethereum pursues roll-up-centric scaling, Samani remains skeptical of both the intra- and inter-roll-up challenges. “All of the rollups we have today are entirely centralized in their operations,” he noted. “Ethereum started off maximum decentralization […] and the path to scaling is to centralize and then re-decentralize. It strikes me as bizarre.” Related Reading: Solana Price On The Verge Of A ‘Big Breakout’ — Here’s The Target In contrast, Samani believes Solana’s monolithic architecture — emphasizing low latency and high throughput — is best suited for building the backbone of Internet-native capital markets. “You have to be focused on latency, throughput, and gas cost,” he said. “Bitcoin and Ethereum from inception were always like, ‘Oh my God, scarcity.’ Solana’s perspective has always been, ‘Let’s let Moore’s Law do its thing and run a billion transactions in parallel.’” Regulatory Winds Shifting Samani also described a noticeable shift in the regulatory environment, referencing the White House Crypto Summit where he sat alongside major industry figures. “It was really awesome for me to see that they committed two hours, they sat there with us, they listened, they took notes, and they were asking really good questions,” he said. In Samani’s view, this new dialogue with Washington is already catalyzing changes in capital flows. Multicoin has seen several of its largest LPs — historically venture-only — express interest in their liquid hedge fund product. “Three of our largest LPs have all called us since the election and said, ‘Hey, we would like to explore your liquid fund.’ We feel pretty good that the tides are shifting.” Samani reiterated that, from a risk-reward standpoint, liquid markets — specifically top-performing tokens like Solana and its ecosystem projects — now offer the most compelling opportunities. “My general belief today is that the easiest money to be made in crypto is buying liquid names that are the winners in their respective areas.” Five years after backing Solana in its earliest days, Multicoin Capital remains unwavering in its conviction. “We underestimated the difficulty of on-chain order books,” Samani admitted. “But we never gave up on it, and I think we’re pretty close now.” At press time, SOL traded at $140. Featured image created with DALL.E, chart from TradingView.com

TRON founder Justin Sun has revealed that the network might reduce the TRX block rewards due to TRX’s rising price, sparking a discussion in the cryptocurrency community. Sun noted that this move is similar to Bitcoin’s halving mechanism, capturing the attention of investors who are wondering about the plan’s possible impact on traders. Related Reading: XRP Set For Big Rally – Analyst Says ‘Double Digits’ This Year Tron: Reducing Block Rewards Sun shared, in a post on X, his thoughts on potentially implementing a reduction in the network’s reward scheme for its TRX. He said that it is worth paying attention to the discussion about TRX’s upcoming reduction in block rewards. “Here are my personal thoughts. As we all know, TRX is already in a deflationary state of 1% per year, making it the only deflationary asset among major cryptocurrencies,” he explained. The TRON founder said that due to TRX’s rising price, “the rewards for block-producing nodes across the network have increased significantly, so a moderate reduction could be considered.” This discussion about TRX’s upcoming reduction in block rewards is worth paying attention to! Will TRX follow Bitcoin’s path and enter a halving cycle? Here are my personal thoughts. As we all know, TRX is already in a deflationary state of 1% per year, making it the only… — H.E. Justin Sun 🍌 (@justinsuntron) March 21, 2025 Following Bitcoin’s Path In the post, Sun said that TRX might follow what happened to Bitcoin, saying, “Will TRX follow Bitcoin’s path and enter a halving cycle?” He explained that the firstborn cryptocurrency followed a similar path, saying that once the BTC network grew, investors saw a gradual decrease in its block rewards. “In the early days, higher rewards were necessary for bootstrapping the network. However, as Bitcoin’s price surged, block rewards were lowered, and the halving cycle played a crucial role in Bitcoin’s long-term sustainability—aligning with Satoshi Nakamoto‘s original vision,” the founder added. Impact Of The Reduction Sun also shared the possible impact of reducing TRX block rewards, giving two scenarios. “If daily block rewards are reduced by 1 million TRX, the deflation rate would increase by 50%, reaching 1.5% per year,” he said. On the other hand, he believes that if TRX is reduced by 2 million, the deflation rate would increase to 2% per year, “effectively doubling the deflation rate, with an impact on TRX cycles comparable to Bitcoin’s halving.” “Even with a block reward reduction, the current incentives for network validators remain highly attractive. Ultimately, this decision rests with the TRX community,” he added. The founder revealed that the network has formally submitted on GitHub the proposed block rewards reduction. Related Reading: Ethereum Whales Pounce On The Dip, Snag $236 Million In ETH “The adjustment aims to create a more balanced supply-demand dynamic encouraging increased user participation in staking. This will benefit all stakeholders, ensure the TRX block rewards consistent with the maturity of the TRON network, and promote the healthy and sustainable development of the TRON ecosystem,” the network stated in the proposal. Among the benefits that can be gained from its implementation are better deflation, increased staking incentives, strengthened network security, and improved economic alignment. “Timely adjustments to TRX block rewards can better promote the healthy and sustainable development of the TRON network and TRON ecosystem,” the network added. Featured image from Gemini Imagen, chart from TradingView

A total of 22,000 Bitcoin option contracts expired on March 21 with a notional value of $1.83B. The put/call ratio was 0.84, which means there were more call buyers than put option buyers, suggesting a short-term bullish sentiment. The maximum pain was around $85K, while $BTC is currently trading around $84,300. Max pain, for those unaware, is the level where option sellers experience the least losses. This also suggests a small upward move. However, the larger picture for Bitcoin is more or less sideways. The short-term Implied Volatility (IV) has fallen below 50%. This implies that market participants aren’t expecting large price moves on either side, and the price may stabilize around the $85K mark for a while. However, as we’ll highlight below, there are several reasons to be bullish on $BTC, which also makes this the perfect time to invest in the best crypto presales. A Bitcoin Rally Is Just Around the Corner Analysts have predicted that the FED might announce fresh rate cuts in April in the direction of Trump after economic upheaval caused by the tariff war. This could prove to be a great catalyst in pushing $BTC prices above $85K. What’s more, the influx of funds in Bitcoin ETFs has also picked up, recording a cumulative net inflow of $166M in the last five sessions. Amid this, BlackRock’s IBIT recorded a net inflow of $172M in just a single day. Increasing ETF investments suggest that investors are accumulating BTC after a significant correction from its all-time high of $110K. Technical Analysis of Bitcoin Comes Bearing Fruits Even better, a deep dive into the technical analysis of Bitcoin’s chart reveals a handful of positive signs. For starters, $BTC is bouncing off the 50 EMA (Exponential Moving Average) on the weekly chart. Both the 50 & 200 EMAs are sloping upwards, which is another strong bullish signal. In addition to the 50 EMA, the current bounce is also occurring from the 50% Fibonacci level. This simply means $BTC has had a healthy amount of correction and is now continuing its longer-term bullish trend. To put it simply, Bitcoin is trading in a discounted zone. Although the OG crypto presents a fantastic risk-to-reward opportunity here, the following presales could easily match (and even eclipse) $BTC’s gains. 1. BTC Bull Token ($BTCBULL) – Best Crypto Presale to Buy Right Now Combined with increased institutional buying and a promising technical chart, several signs are pointing toward an upcoming Bitcoin rally. If you wish to make the most of the next $BTC run, consider investing in BTC Bull Token ($BTCBULL) – one of the best altcoins on the market right now. It stands out by being the ONLY crypto to offer free (and real) $BTC to token holders who buy and hold $BTCBULL in Best Wallet. The aforementioned Bitcoin giveaways will take place as and when $BTC surges past a new milestone figure (such as $150K, $200K, and $250K) for the very first time. Additionally, the project’s roadmap also includes periodic burn events. Essentially, at every $25K mark ($125K, $150K, $175K, and so on), the developers will shave off a part of the total $BTCBULL supply. As you might have already guessed, this will contract supply and ultimately boost BTC Bull Token’s price. The best part is that $BTCBULL is currently in presale ($3.9M+ raised), meaning prices are at their lowest. You can buy each token for just $0.002425. Need help with the purchase process? Check out our detailed guide on how to buy $BTCBULL. 2. Solaxy ($SOLX) – Solana Meme Coin with Real-World Use Case Solana’s approximately 50% fall from its all-time high (ATH) in mid-January is concerning, especially when it has been dubbed the “Ethereum killer.” In addition to a temporary drop in enthusiasm regarding meme coins, Solana’s inability to accommodate the growing number of investors on the network post $TRUMP and Pump.fun’s launch has been its biggest worry. Solaxy ($SOLX), however, could be Solana’s knight in shining armor. After all, it plans to build the first-ever Layer 2 scaling protocol on Solana. Solaxy’s plan to process Solana’s transactions on a sidechain would significantly reduce the burden on Solana’s primary network. Additionally, Solaxy would process transactions in batches – rather than one by one. This would further reduce the overall costs required to operate on Solana. All in all, Solaxy will solve Solana’s long-standing problems of scalability, congestion, and failed transactions. Thanks to its revolutionary mission, Solaxy has attracted both retail investors and crypto whales. It is, in fact, one of the hottest cryptos going around, with over $27.5M in its purse at the time of writing. 1 $SOLX is currently available for only $0.001672, but hurry up because the price increases in just a few hours. Here’s how to buy Solaxy. 3. Lightchain AI ($LCAI) – Unique Crypto Presale Planning to Build Secure Blockchains Lightchain AI ($LCAI) harnesses the power of artificial intelligence to develop smarter and more secure decentralized crypto exchanges. A highlight of the project is the Artificial Intelligence Virtual Machine (AIVM), which has been masterfully designed to tackle AI tasks with maximum efficiency. The good news keeps coming, as $LCAI token holders will also get a say in how the project moves forward. The token is currently in presale, where it has amassed a whopping $18M so far. Such massive investor interest in an AI-crypto project is a telltale sign of this hybrid industry’s potential. Also, because $LCAI is only selling for $0.007125 per token, it’s among the best cheap cryptos you can get your hands on right now. Conclusion Although the three cryptos above are certainly worth including in your portfolio, it’s worth remembering that no token is risk-free – largely due to the larger crypto market’s volatility and unpredictability. You should, therefore, only invest an amount that doesn’t hurt your belly. Also, we urge you to do your own research before investing. None of the above is a substitute for financial advice from a certified professional.