How can Solana, which almost died, make a comeback?（part1）
In 2022, as the popularity of SBF and FTX platforms soared, Solana also became a hot public chain in the crypto industry, but then the collapse of FTX almost brought down the entire Solana ecosystem. The price of SOL plummeted from $236 to $13 in a few weeks. Investment institutions advised startups not to choose Solana and instead build on the Ethereum Virtual Machine (EVM). Subsequently, some well-known projects migrated from Solana to other chains. However, a year later, as shown in the fi...
Bitcoin Down, Ethereum Up! The Bull Market Trend Continues This Year, Time to Invest in These Potent…
If you enjoy Sunny's content, follow, repost, and like this article to message me for a free copy of the position strategy layout + bare K practical tutorial guidance. A seasoned trader with "depth in thought, emotional warmth, and data dimension." The price of Bitcoin (BTC) briefly touched the 86,000 USD mark, while altcoins showed an upward trend during Wednesday's early morning trading in Asia, leaving traders and investors still uneasy. ETH has recently risen to near 2,500 USD after dippi...
From Bitcoin to the Machine Economy: How OpenMind Is Building a Sovereign Robot Stack
Money as Order, Bitcoin as Energy Router Money is civilization’s most distributed database—an ordering protocol that lets us trade entropy for coherence. Bitcoin extended that idea into the physical world: it turned surplus watts anywhere into immutable ledger entries everywhere. The next leap is to let machines themselves run that arbitrage 24/7—swapping compute cycles, sensor data, battery power and physical labor without human accountants. Three S-Curves Intersect Right NowLLMs give robots...
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SEC Filing Triggers 70% Plunge: What’s Next for SharpLink, the "ETH Treasury Stock"?
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How can Solana, which almost died, make a comeback?（part1）
In 2022, as the popularity of SBF and FTX platforms soared, Solana also became a hot public chain in the crypto industry, but then the collapse of FTX almost brought down the entire Solana ecosystem. The price of SOL plummeted from $236 to $13 in a few weeks. Investment institutions advised startups not to choose Solana and instead build on the Ethereum Virtual Machine (EVM). Subsequently, some well-known projects migrated from Solana to other chains. However, a year later, as shown in the fi...
Bitcoin Down, Ethereum Up! The Bull Market Trend Continues This Year, Time to Invest in These Potent…
If you enjoy Sunny's content, follow, repost, and like this article to message me for a free copy of the position strategy layout + bare K practical tutorial guidance. A seasoned trader with "depth in thought, emotional warmth, and data dimension." The price of Bitcoin (BTC) briefly touched the 86,000 USD mark, while altcoins showed an upward trend during Wednesday's early morning trading in Asia, leaving traders and investors still uneasy. ETH has recently risen to near 2,500 USD after dippi...
From Bitcoin to the Machine Economy: How OpenMind Is Building a Sovereign Robot Stack
Money as Order, Bitcoin as Energy Router Money is civilization’s most distributed database—an ordering protocol that lets us trade entropy for coherence. Bitcoin extended that idea into the physical world: it turned surplus watts anywhere into immutable ledger entries everywhere. The next leap is to let machines themselves run that arbitrage 24/7—swapping compute cycles, sensor data, battery power and physical labor without human accountants. Three S-Curves Intersect Right NowLLMs give robots...
From market darling to panic sell-off, SharpLink Gaming’s (NASDAQ: SBET) recent crash reveals deeper tensions in crypto-linked equities.
SharpLink Gaming, dubbed the "Ethereum version of MicroStrategy," saw its stock soar 40x after a $425 million PIPE (Private Investment in Public Equity) financing round in May 2025. The funds were earmarked for Ethereum acquisitions, mirroring MicroStrategy’s Bitcoin treasury strategy.
However, on July 13, 2025, SharpLink filed an S-3ASR registration statement with the SEC, authorizing the potential resale of 58.7 million shares tied to its PIPE investors. The market misread this as an imminent sell-off, triggering a 70% after-hours plunge—from $32.53 to $8.75.
Joseph Lubin, SharpLink’s chairman and ConsenSys CEO, quickly clarified:
"This is standard post-PIPE procedure—pre-registration for potential future sales, not an actual dump."
Yet skepticism remains. Charles Allen, CEO of BTCS Inc., noted:
"Prefunded warrants in the deal suggest some investors may already be exiting quietly."
Despite the crash, SharpLink’s stock still trades at a 100% premium to its ETH-backed book value. Analysts attribute this to:
ETH Holdings – The company holds ~176,271 ETH (~$4B at current prices).
ATM Shelf Offering – A $1B stock sale plan could dilute shares but also fund further ETH buys.
Speculative FOMO – Investors bet on SharpLink becoming a blue-chip ETH treasury play.
But risks loom:
Equity Dilution – If the ATM is fully utilized, shares could flood the market.
ETH Volatility – A downturn would erode SharpLink’s asset backing.
Regulatory Uncertainty – SEC scrutiny over crypto-linked equities remains high.
Two possible scenarios:
Bull Case – SharpLink announces another $1B ETH purchase, reigniting investor frenzy.
Bear Case – PIPE investors cash out, and the ATM triggers a downward spiral.
Key Takeaway:
SharpLink’s fate hinges on ETH’s price action and capital market maneuvers. For now, it remains a high-stakes bet on Ethereum’s long-term adoption.
From market darling to panic sell-off, SharpLink Gaming’s (NASDAQ: SBET) recent crash reveals deeper tensions in crypto-linked equities.
SharpLink Gaming, dubbed the "Ethereum version of MicroStrategy," saw its stock soar 40x after a $425 million PIPE (Private Investment in Public Equity) financing round in May 2025. The funds were earmarked for Ethereum acquisitions, mirroring MicroStrategy’s Bitcoin treasury strategy.
However, on July 13, 2025, SharpLink filed an S-3ASR registration statement with the SEC, authorizing the potential resale of 58.7 million shares tied to its PIPE investors. The market misread this as an imminent sell-off, triggering a 70% after-hours plunge—from $32.53 to $8.75.
Joseph Lubin, SharpLink’s chairman and ConsenSys CEO, quickly clarified:
"This is standard post-PIPE procedure—pre-registration for potential future sales, not an actual dump."
Yet skepticism remains. Charles Allen, CEO of BTCS Inc., noted:
"Prefunded warrants in the deal suggest some investors may already be exiting quietly."
Despite the crash, SharpLink’s stock still trades at a 100% premium to its ETH-backed book value. Analysts attribute this to:
ETH Holdings – The company holds ~176,271 ETH (~$4B at current prices).
ATM Shelf Offering – A $1B stock sale plan could dilute shares but also fund further ETH buys.
Speculative FOMO – Investors bet on SharpLink becoming a blue-chip ETH treasury play.
But risks loom:
Equity Dilution – If the ATM is fully utilized, shares could flood the market.
ETH Volatility – A downturn would erode SharpLink’s asset backing.
Regulatory Uncertainty – SEC scrutiny over crypto-linked equities remains high.
Two possible scenarios:
Bull Case – SharpLink announces another $1B ETH purchase, reigniting investor frenzy.
Bear Case – PIPE investors cash out, and the ATM triggers a downward spiral.
Key Takeaway:
SharpLink’s fate hinges on ETH’s price action and capital market maneuvers. For now, it remains a high-stakes bet on Ethereum’s long-term adoption.
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