RaaS #415: First Time Buyers Drive BTC Rallies!

Solv Uses Chainlink Proof Of Reserve, No Whitelisting Required For CRV Staking, and Moar!

Sharvil Malik argues AI’s future lies in domain-specific applications, not foundation models, aligning with Sequoia’s 2024 thesis. He highlights the rise of the agent economy, AI agents transacting autonomously, pointing to platforms like Capx as early builders in this shift.

Miggy underscores the 2025 shift toward authentic, video-first content in Web3. By posting face-forward videos for Sophon, they grew views 25x in a month, rejecting “AI slop” in favor of human presence.

Kamino integrates Exponent’s fixed-yield PT tokens on Solana, offering up to 16.02% APY and 5x leverage with custom oracles ensuring safe 1:1 SOL redemption at maturity. Backed by JTO rewards, this cements Kamino’s lead in Solana’s fixed-income DeFi market.

Solana’s messy transaction data and tax-reporting headaches. Jupiter’s new Portfolio Activity tab fixes this by labeling protocols and tx types, moving toward Helius’s 2022 goal of making Solana fully human-readable. Progress—finally.

Something interesting is happening here. Let’s see.

The article critiques crypto’s fuzzy identity, tracing its peak clarity to DeFi Summer 2020, when everything became a market. While stablecoins like USDT/USDC now dominate with over $200 billion in value, the real win is frictionless, programmable dollar access, pragmatism over purity.

Solv Protocol now uses Chainlink Proof of Reserve to provide real-time, onchain transparency for over $2B in BTC and RWA yield products like SolvBTC and xSolvBTC. This ensures full collateralization and meets institutional standards for risk and transparency across major chains.

We’re so back!

Radarblock spotlights CARV’s Victor Yu, who argues node sales are evolving, and not outdated, as over 600K users now power decentralized data encryption. CARV enables user-owned, privacy-preserving data sharing.

Curve Finance has passed Proposal #102, removing the wallet whitelist and allowing all smart contracts, including Safe wallets, to lock CRV for veCRV. With 3.97B veCRV votes in favor, this change opens up governance access and could drive increased CRV lockups, reducing circulating supply.

Top Gainers: MOONPIG. GXC, REI, TIBBIR, INCRYPT.

Vitalik says Stage 1/2 decentralization, via fault proofs and councils, is more urgent for L2s than sequencer decentralization. L2s inherit L1 security and offer MEV protection. Base’s Oct 2024 fault proofs show progress toward trustless withdrawals and user sovereignty.

Glassnode’s new Bitcoin supply chart tracks investor behavior from 2010 to 2025. Conviction buyers stabilize pullbacks; first-time buyers drive rallies. Patterns align with BTC’s rise to $111K and $17.5B ETF inflows, revealing how investor activity shapes market cycles beyond price alone.

That’s all for today, see ya later!