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Trump-linked WLFI triples Ether holdings, Solana sees $485M outflows: Finance Redefined

cryptoweekly by cryptoweekly
March 7, 2025
in bitcoin, News
0

Trump’s WLFI DeFi platform tripled its Ether holdings within a week during the market downturn, ahead of the first White House Crypto Summit.

The blockchain platform linked to United States President Donald Trump took the crypto market downturn as an investment opportunity, tripling its Ether holdings in a week ahead of the White House’s first Crypto Summit on March 7.

Meanwhile, Solana was hit by nearly half a billion dollars worth of outflows in February as cryptocurrency investors sought safer investments following a wave of memecoin scams and rug pulls.

The decentralized finance (DeFi) platform linked to US President Donald Trump significantly increased its Ether holdings over the past week as the cryptocurrency’s price briefly dipped below $2,000.

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  • 'This isn't a top': Here's why Bitcoin analysts say BTC will break $123K
  • Bitcoin speculators hint at 'local bottom' as buyers target $117.5K
  • OpenAI, Oracle expand $500B Stargate spend as Musk unveils bold xAI plan
  • CoinShares secures MiCA license in France to cement EU presence
  • Colorado pastor and wife indicted in $3.4M crypto scam
  • South Korean regulator urges asset managers to limit crypto exposure
  • Ozzy Osbourne’s passing sparks 400% surge in CryptoBatz NFTs

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