Schmid: Inflation is depressing and must be addressed

The number of holders of tokenized stocks issued by Solana's Backpack on the chain has exceeded 300000.

Coin Metrics analyzed 150 Solana ecosystem Memecoin and found that the median price of the token reached a historical high within 17.2 days after its initial trading, with a quarter peaking within 1.6 days. The median time for the token to drop 95% from its peak was 370 days; 81% of the tokens have fallen more than 90% from their peak, and only 5 out of 151 tokens have prices higher than the first day. The current active addresses are less than 7% of their peak. (Source: Coin Metrics)

Hong Kong confirms that it will officially submit a Bitcoin and Cryptocurrency Bill this year. （The Bitcoin Historian）

The US Commodity Futures Trading Commission has stated that it will provide a federal regulatory pathway for cryptocurrencies. （Watcher.Guru）

Federal Reserve official Schmid stated that inflation is discouraging and must be addressed.