Solana DApp revenue fell to $22 million last month, the weakest reading in 18 months after $36 million two months earlier. SOL is trading around $87, while derivatives indicators show muted positioning, including near-0% perp funding and a 12% options skew that reflects demand for downside protection. A daily close below $87 could leave $80 as the next level to watch, while a recovery would require reclaiming $100.

Bitcoin is hovering near $70,000 while CF Benchmarks estimates an M2-implied "fair value" around $136,000, leaving a $66,000 gap. The analysis links the divergence to tight real rates and a shrinking Fed balance sheet, alongside higher energy costs that may pressure miners to sell. Traders are monitoring $69,000–$70,000 as support and $72,000 as a near-term level to regain.

Morgan Stanley has filed an amended S-1 with the SEC for a spot Bitcoin ETF it plans to list on NYSE Arca under the ticker MSBT. The filing outlines a 50,000-share seed basket expected to raise around $1 million, with BNY Mellon handling cash custody/administration and Coinbase serving as prime broker for Bitcoin holdings.

South Korea’s People Power Party has filed a bill to remove digital asset taxation from the Income Tax Act, targeting full repeal of the crypto tax scheduled for 2027. The opposition Democratic Party, which holds a National Assembly majority, is reviewing the proposal after an estimated $110 billion reportedly left local exchanges amid a planned 22% levy on gains above 2.5 million won (about $1,781).

Strive Asset Management has moved ahead of Tesla on the corporate Bitcoin holdings list, reporting 13,310.9 BTC valued at about $944 million. Alongside its Q4 results, the firm said it raised the SATA preferred dividend to 12.75% and invested $50 million into Strategy's STRC preferred stock.

RedotPay, a Hong Kong-based stablecoin payments firm, is planning to raise $150 million in a pre-IPO round at a targeted $4 billion valuation ahead of a potential US stock market listing this year. The company reports more than $10 billion in annualized payment volume and over $150 million in annualized revenue, but is moving forward despite recent senior executive departures and the absence of a sitting CFO. Major banks are reportedly lined up as underwriters, making the deal a key test of investor demand for crypto payments infrastructure.

On March 18, 2026, SEC Chair Paul Atkins outlined a crypto "safe harbor" framework that would let token projects develop without immediate securities registration. The proposal carves out digital commodities, collectibles, tools, and payment stablecoins from securities rules and introduces a grace period for other assets to work toward decentralization. It also contemplates easier registration for security tokens and new custody rules for broker-dealers, changes that could significantly affect U.S. issuers, exchanges, and token valuations.

Citigroup has reduced its 12-month Bitcoin price target from $143,000 to $112,000 and cut its Ethereum forecast from $4,304 to $3,175, citing a shrinking window for US crypto legislation in 2025. Strategist Alex Saunders argues that delayed regulatory frameworks for market structure and stablecoins could push major ETF-driven inflows and broader institutional adoption out toward late 2026.

The US Department of Justice and Europol dismantled the SocksEscort residential proxy network, seizing 34 domains, taking 23 servers offline across 7 countries, and freezing $3.5 million in cryptocurrency. The operation, running since 2009, allegedly hijacked 369,000 devices in 163 countries and was used to support account takeovers, ransomware, and crypto fraud, exposing 124,000 registered users to potential enforcement action.