Bitcoin broke above the key resistance level of $100k again and is currently priced at $102,224, up +3.93% in the past 24 hours, while Ethereum trades at $3,686, up +1.41%. The Fear and Greed Index increased to 78 (Extreme Greed) today reflecting bullish market sentiment. The crypto market has reached a pivotal moment and looks strong in early 2025. MicroStrategy just confirmed a new 1,070 Bitcoin purchase totalling the purchase to $101M. Solana’s 24-hour DEX volume has surpassed Ethereum plus Base. Metaplanet aims to boost its BTC holdings to 10,000 BTC. This article explains these three developments. We use clear data and direct quotes to outline why 2025 might see further market growth.
What’s Trending in the Crypto Community?
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MicroStrategy has acquired 1,070 BTC for approximately $101 million.
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NYSE-listed company KULR announced an additional purchase of 213.43 BTC, bringing its holdings to 430.61 BTC.
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MARA Holdings has allocated 16% of its Bitcoin holdings to short-term lending for additional yield generation.
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Prediction markets such as Polymarket indicate a 92% probability of Pierre Poilievre becoming Canada’s next Prime Minister.
Read more: What Is Polymarket Decentralized Prediction Market, and How Does It Work?
Crypto Fear & Greed Index | Source: Alternative.me
Trending Tokens of the Day
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MicroStrategy Kicks Off 2025 with 1,070 Bitcoin Purchase Announcement
MicroStrategy, a major corporate Bitcoin holder purchased 1,070 BTC in the last 2 days of 2024. The company announced this on Jan. 6 stating it spent about $101M in cash on Dec. 30–31, 2024. An SEC filing shows the average price at roughly $94,004 per BTC. MicroStrategy did not buy more Bitcoin after December 31, 2024 per its Form 8-K filing.
Source: Michael Saylor
Similarly to past acquisitions MicroStrategy used proceeds from convertible note sales for this latest purchase. No further BTC buys were mentioned in the filing dated Dec. 31.
Source: Google
Solana 24-hour DEX volume beats Ethereum and Base combined
Source: KuCoin
Solana’s 24-hour decentralized exchange volume has surpassed Ethereum and Base. DefiLlama reported nearly 3.8 billion in trading volume on Jan. 6 while Ethereum saw 1.7 billion and Base 1.2 billion.
The higher trading activity shows Solana’s rising impact in DeFi. Analysts see Solana as a serious challenger to Ethereum. Solana’s price performance also outpaced Ether by around 8 times since 2023 based on TradingView data. Solana’s total value locked went from about 1.4 billion to over 9.5 billion in 2024 according to DefiLlama.
“Retail traders increasingly enter the crypto market through Solana [as] speculation intensifies around Solana-based memecoins and AI agent tokens” Grayscale Research said in December
Source: DefiLlama
Solana’s largest DEX Raydium saw 24-hour volumes jump from 180,000,000 in early 2024 to more than 3,000,000,000 on Dec. 31. Memecoin trading accounted for up to 65 of Raydium’s monthly volume in November per Messari. Memecoins are now a 130,000,000,000 market according to CoinGecko. Pump.fun one of Solana’s main memecoin platforms, earned nearly 250,000,000 in trading volume over the past 30 days says DefiLlama.
“Fueled by venture capital funding and political speculation memecoins now command approximately 130,000,000,000 in market capitalization”
Source: DefiLlama
Read More: GBTC vs. Bitcoin: Which One Should You Invest In?
Metaplanet eyes Increasing Bitcoin holdings to 10,000 BTC in 2025
Metaplanet plans to expand its Bitcoin stash from 1,762 BTC to 10,000 BTC in 2025. Analysts predict a potential bull run this year that could send Bitcoin above $200,000. Metaplanet holds 1,762 BTC now worth about $173,400,000 from 19 purchases following MicroStrategy’s lead in 2024.
Source: Simon Gerovich
Metaplanet CEO Simon Gerovich posted on Jan. 5, 2025 that the firm wants to increase its total holdings to 10,000 BTC by “utilizing the most accretive capital market tools available to us.” Gerovich also aims to drive Bitcoin adoption in Japan and worldwide while amplifying Metaplanet’s impact in the Bitcoin ecosystem.
Conclusion
Early 2025 brings notable Bitcoin acquisitions plus major action on Solana’s DeFi front. MicroStrategy reaffirmed corporate demand for BTC with its new 1,070-coin purchase. Solana’s 3.8-billion daily DEX volume signals strong ecosystem growth. Metaplanet’s target of 10,000 BTC shows ongoing optimism for Bitcoin’s future. Observers anticipate more institutional involvement if market conditions stay positive.
