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Trump-linked WLFI triples Ether holdings, Solana sees $485M outflows: Finance Redefined

cryptoweekly by cryptoweekly
March 7, 2025
in bitcoin, News
0

Trump’s WLFI DeFi platform tripled its Ether holdings within a week during the market downturn, ahead of the first White House Crypto Summit.

The blockchain platform linked to United States President Donald Trump took the crypto market downturn as an investment opportunity, tripling its Ether holdings in a week ahead of the White House’s first Crypto Summit on March 7.

Meanwhile, Solana was hit by nearly half a billion dollars worth of outflows in February as cryptocurrency investors sought safer investments following a wave of memecoin scams and rug pulls.

The decentralized finance (DeFi) platform linked to US President Donald Trump significantly increased its Ether holdings over the past week as the cryptocurrency’s price briefly dipped below $2,000.

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Recent Posts
  • Bitcoin in a post-Trump world worries hedge fund execs: Eric Semler
  • Bitcoin futures premium falls to 3-month low despite strong BTC ETF inflows
  • Reddit weighs World’s scanning orbs for user verification — Report
  • Thai SEC opens consultation period for token issuance rules
  • Crypto Biz: AI money rush could reshape digital asset industry
  • Norway’s government explores crypto mining ban amid energy supply concerns
  • Bitcoin’s $96B open interest shows role leverage plays in rallies, but there is a risk

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