- Crypto Wire
- Posts
- Solana’s DeFi Hits $10B 💸
Solana’s DeFi Hits $10B 💸
The price is back near $195 with a $100B+ market cap.

Welcome to Crypto Wire — clear, concise, and crypto-smart.
What we’ll cover today:
🔮 Polymarket’s return to U.S. markets
💸 Solana DeFi hits $10B TVL milestone
💷 Bank of England says… maybe no digital pound


Polymarket, the world’s biggest prediction platform, just bought QCEX to legally re-enter the U.S. market.
🚨 Breaking News:
Polymarket acquires QCEX for $112M, securing full regulatory approval to offer legal betting markets in the U.S. again.
⚡ Wire Simplified:
Polymarket paid $112M to acquire QCEX, a licensed U.S. exchange
QCEX holds key regulatory licenses from the CFTC
This lets Polymarket fully reopen to U.S. customers after years abroad
Their prediction markets saw $15B in bets globally last year
U.S. laws now offer more clarity for these types of platforms
✔️ Straight to the Point:
Polymarket is back in the U.S. legally. Regulation is catching up, and betting on weird events just got easier.
🎤 Will Polymarket succeed now that it’s back in the U.S.? |
FROM OUR FOUNDER…
The Smartest Way to Grow Your Newsletter 🚀
Tired of low-quality subs and wasted ad spend? I’ve scaled AI, fintech, SaaS, and multiple niche specific newsletters with real, engaged and high intent subscribers. Would love to do the same for you!
✅ 40%+ open rates—no bots, no junk leads.
✅ No ad management fees—just pay per engaged subscriber.
✅ First-party data & proprietary methods ensure quality.
✅ Risk-free scaling—we’ve built and grown newsletters ourselves.
📩 Want high-intent subscribers that actually engage? Let’s talk.

Solana’s price and DeFi markets are booming again, with major exchanges like Orca and Raydium driving volume up.
🚨 Breaking News:
Solana’s DeFi TVL hits $10.4B, its highest in 6 months, thanks to rising token prices and trading volumes.
⚡ Wire Simplified:
Solana’s total DeFi locked value (TVL) just crossed $10.4B
DEX trading volume hit $22.5B this past week
Exchanges like Orca and Raydium are leading the charge
SOL’s price is back near $195 with a $100B+ market cap
DeFi gains mostly driven by SOL’s price growth, not new users
✔️ Straight to the Point:
Solana’s DeFi is pumping again but mostly because SOL’s price is up, not because there’s suddenly more users.
🎤 Is Solana DeFi back for real this time? |
The Bank of England might cancel its digital pound plans as stablecoins like USDT and USDC dominate headlines.
🚨 Breaking News:
BOE is rethinking its CBDC plans, telling banks to focus on tokenized deposits instead of launching new digital money.
⚡ Wire Simplified:
BOE unsure about launching a retail CBDC anymore
Banks are urged to focus on tokenized deposits
Stablecoins now dominate conversations over digital currencies
BOE still open to wholesale CBDCs for banks
Other countries like the U.S. are also pausing CBDC plans
✔️ Straight to the Point:
The UK’s digital pound might not happen. Stablecoins are winning, and banks prefer safer tokenized deposits instead.


Source : @cryptomemebot on Instagram
What do you think about today’s edition? |

Disclaimer:
This newsletter is for educational purposes and not intended as financial advice. Make your own investment decisions based on thorough research. Stay informed and cautious in the ever-changing crypto market.
Was this forwarded to you? Sign up here.
Crypto Wire News.
Signing off