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Solana
Digital Asset Funds Hit by Record Weekly Outflows of $207M
Bitcoin-focused investment funds saw $107 million in outflows over the seven-day period.

Binance.US Is Building an Office in the Solana Metaverse
Several crypto companies are setting up shop in Portals.

2021: The Year of the Alts
The market has decided that it likes bitcoin more than it did a year ago – but it really, really likes ether and its layer 1 rivals.

Solana DeFi Major Serum’s ‘Incentive Ecosystem Foundation’ Is Raising $100M
The protocol that undergirds much of DeFi on Solana is raising funds to expand operations, and about $70 million has been committed so far.

CoinDesk Releases Annual Report Highlighting Key Trends in Crypto
CoinDesk Research Associate George Kaloudis joins the “First Mover” panel to discuss the 2021 CoinDesk Annual Report. Topics include the decline of bitcoin dominance, Ethereum gas fees triggering the rise of scaling-focused altcoins like Polygon and Solana, and how El Salvador’s legalization of bitcoin impacted the crypto market. Plus, a look into the future of bitcoin mining as Kazakhstan, the country that became second only to the US in bitcoin mining hashrate, is suffering the worst protests in 30 years and internet blackouts.

JPMorgan Says Ethereum’s DeFi Dominance at Risk Due to ‘Sharding’ Delays
Analysts from the bank said that the scaling of the network might arrive too late.

Polkadot, Solana Biggest Losers Among Top Cryptos
Tokens of top blockchain networks dropped as much as 14% after bitcoin lost its $46,500 support level.

Bitcoin Falls Below $43K, Leads to $800M in Crypto Liquidations
Over 87% of losses arose from crypto traders in long positions.

What’s the Healthiest Chart in Crypto? The Developer Count
An annual report from venture firm Electric Capital says the total number of new developers jumping on the blockchain bandwagon in 2021 broke previous highs.

Solana DeFi Protocol Exotic Markets Raises $5M Ahead of Mainnet Launch
Multicoin and Ascensive Assets co-led the private token sale.
