China&#8217;s most popular crypto card payment service, Infini, has declared to shut down all their card services and focusing more on financial management for the future. According to a Telegram notice, starting from June 17 all of Infini&#8217;s card payment…

China’s most popular crypto payment card service is shutting down

io.net is bolstering its decentralized AI infrastructure by integrating 
Walrus’ encrypted storage protocol, enabling developers to securely train and 
deploy custom models without relying on traditional cloud providers. According 
to a press release shared with crypto.news on June 17, decentralized…

io.net expands AI toolkit with Walrus integration for encrypted model storage

James Wynn’s $100-million Bitcoin liquidation shocked the crypto world. The 
way he used leverage is astounding, though his later losses also exposed 
associated market risks.

This crypto trader just lost $100M, but he’s still not done

Tron’s reverse merger will test whether a company can treat its own crypto as 
collateral without collapsing under the risk.

Tron’s Wall Street hopes could implode with TRX as collateral

As of June 17, 2025, at 8 a.m. Eastern time, Israel and Iran remain locked in 
their fifth straight day of direct military exchange, with both nations 
continuing missile strikes and air raids. A Polymarket prediction places a 45% 
probability that the U.S. military will intervene against Iran before July. 
Prediction Markets Gauge Israel–Iran Showdown, […]

45% Odds US Military Will Strike Iran Before July—Markets on High Alert

Here’s a list of the people who think a Solana ETF is incoming: everyone. And 
here’s a list of the people who think a $SOL ETF could send Solana – and 
Solaxy, a much-needed Solana Layer 2 – sky-high: also everyone. That’s right, 
Solana is gaining serious momentum. Cantor Fitzgerald&#8217;s analysts report that 
Solana-focused firms DeFi Development, Upexi, and SOL Strategies will raise 
each raise $250M this year for various crypto-related efforts, including $SOL 
treasuries. Both the pending $SOL ETFs and current treasury efforts underscore 
SOL&#8217;s strengths: a unified, low‑cost, and high‑throughput blockchain that 
enables native staking yields and positions it as an attractive treasury 
asset. And how does this impact side projects like Solaxy, Solana&#8217;s first-ever 
Layer-2 chain? Let&#8217;s discuss below. Solana’s TVL Climbs as ETFs Loom Solana’s 
Total Value Locked (TVL) now exceeds $8B, and it maintains a vibrant developer 
base. Today&#8217;s treasury strategies are shifting accordingly, favoring scalable, 
productive blockchains alongside traditional reserve assets like Bitcoin. 
Simultaneously, CoinShares joined other financial heavyweights in filing for a 
spot Solana ETF, featuring staking components and third-party custody via 
Coinbase and BitGo. The filing aims to address SEC concerns about redemption 
and staking. While there’s no timeline on the SEC’s response and potential 
approval, analysts anticipate potential approvals in late summer or early fall 
2025. It’s worth noting that CoinShares’s filing was one of 8 on the same day 
for new $SOL ETFs. Why the rush? In part because Solana is enjoying steadily 
growing adoption, despite relatively lackluster $SOL price performance. 
Strategy’s Treasury Strategy Expands to Solana As the drumbeat of Michael 
Saylor’s Bitcoin strategy goes on, companies beyond (Micro)Strategy are 
joining the bandwagon. After all, who doesn’t want their very own pile of 
crypto? And in this case, companies are applying it to $SOL as well. DeFi 
Development Corp notified the SEC back in April that it intended to sell $1B 
in securities to purchase $SOL. SOL Strategies, based in Canada, did the same 
in late May. What does this mean for investors? At least three possibilities: 
⬆️ SOL could be moving into the mainstream, attracting attention as a yield- 
generating asset thanks to its staking model and institutional embrace. ✅ 
Approval of spot $SOL ETFs would dramatically lower barriers to $SOL exposure 
through traditional brokerage venues. 📊Continued technological adoption and 
treasury-level interest could propel SOL further, though regulatory black 
swans and market volatility remain risks. Solana stands at a pivotal junction, 
even as $SOL treasuries take off and Solana meme coins continue to get 
attention. And the core Solana technical advantages – low fees, fast 
transactions – will get supercharged as Solaxy wraps up a dynamite presale. 
Solaxy ($SOLX) – $54M Raised as Time Runs Out for Groundbreak Layer-2 Presale 
$53.9M raised in its official presale – but with interest still sky-high, 
Solaxy ($SOLX) has opened a six-day window for investors to join the action. 
Solana loyalists and meme coin enthusiasts, drawn by Solaxy’s potential as the 
first-ever Solana Layer 2, have added another $2M after the presale ended on 
Monday. That potential is taking shape with the Testnet Block Explorer and 
Bridge already live. The full launch schedule kicks in with the Token Claim on 
June 23, then builds out with a Mainnet Launch and bridge connecting Solana, 
Ethereum, and Solaxy. Multichain functionality is built into Solaxy from 
launch, with full Layer 2 deployment as the crowning achievement of a red-hot 
crypto presale. With Solana interest peaking at just the right time, how far 
could Solaxy go? Our own price prediction shows the token could reach $0.032, 
up 1,700% from its current $0.001766. What is Solaxy? It’s the future of an 
already dynamic blockchain, combining Solana’s speed and low costs with 
Ethereum’s rock-solid framework and incredible ability to scale. Learn how to 
buy Solaxy, but don’t delay – this truly is the last chance to buy. Visit the 
Solaxy Presale Page. Solana Climbs Adoption Ladder – Will Solaxy Price Follow? 
Curiously, Solana’s price seems to lag its adoption. Even as institutions 
flock to $SOL treasuries and ETFs, the token price lags far behind $BTC’s 
impressive performance. Will Solaxy’s Layer 2 send both $SOLX and $SOL 
surging? Do your own research. This isn’t financial advice – crypto markets 
are always volatile.