Solana version MicroStrategy increases holdings by 120,000 SOL, New Hampshire passes Bitcoin Strategic Reserve Bill丨 Gate Research Institute

Crypto Market Overview

BTC (+2.97%丨 97,416 USDT) Affected by favorable factors such as the easing of tariff policies, the BTC price has risen more than 2.9% in the past 24 hours. From a technical analysis perspective, the BTC candlestick chart shows a bullish arrangement, with a chance to break through the resistance level of 98,000 USDT. According to the MACD indicator, the 5-day moving average has crossed above the 10-day and 30-day moving averages, forming a clear golden cross. In the short term, if the price cannot break through the resistance level of 98,000 USDT, the BTC price may fluctuate between 96,000 and 97,000 USDT, forming a new range.

ETH (+1.54% | Current Price 1,842 USDT) The price of ETH has risen by 1.5% in the last 24 hours, showing a slightly weaker trend compared to BTC. From a technical analysis perspective, the ETH K-line has shown significant fluctuations during its upward arrangement, indicating a more intense battle between bulls and bears. From the box theory perspective, ETH has clearly formed an upper and lower box boundary in the short term, and if it is to break through the resistance level of 1,850 USDT in the future, more positive news needs to be realized.

**ETF ** According to data from Farside Investors, on May 6, the total net outflow of Bitcoin spot ETFs in the United States was $85.7 million【3】, and the total net outflow of Ethereum spot ETFs in the United States was $17.9 million.【4]

altcoin DID, Bitcoin Fork, Bitcoin Sidechains and other sectors rose by 4.7%, 4.4%, and 3.3% respectively, data as of May 7, 15:00 (UTC+8).【5】

Three major indices of the U.S. stock market On May 7, the three major indices of the U.S. stock market collectively fell, with the S&P 500 index down 0.77%, the Dow Jones index down 0.95%, and the Nasdaq index down 0.87%.【6】

Spot Gold The spot gold price is $3,380 per ounce, down 0.53% for the day, as of May 7, 9:00 AM (UTC+8).【7】

Fear and Greed Index Fear and Greed Index 67, the market is in a state of greed, the sentiment is relatively optimistic, indicating that the current pullback or more reflects technical consolidation and a wait-and-see attitude towards the upcoming data release.【8]

Popular Tokens in the Crypto Market

**KAITO ** *Kaito AI (+28.5%, circulating market cap 252 million USD) *

Hot Currency Observation The KAITO token is the native token of the Kaito AI platform. Kaito AI is leveraging artificial intelligence and blockchain technology to fundamentally change the landscape of decentralized digital interaction. The platform was founded by YuHu in 2022 and has quickly emerged in the crypto market, raising a total of $10.8 million in two rounds of funding. Kaito AI's core mission is to build an AI-driven InfoFi network to allocate attention and funds in a more transparent and efficient manner. Kaito AI has developed an innovative development roadmap to launch more advanced AI analytical tools and expand decentralized social media functionalities.【9】

**SYRUP ***Maple Finance (+20.2%, Circulating Market Cap 232 million USD) *

Hot Coin Observation Maple Finance is a crypto lending protocol established in May 2021. With Maple Finance, institutional investors can borrow funds through the protocol without needing full collateral, while users can invest at fixed rates to earn product returns. According to DefiLlama data, Maple's TVL is $759 million. Recently, asset management firm Bitwise announced a partnership with Maple Finance to enter the decentralized finance (DeFi) space for the first time. Bitwise has invested in Maple's Bitcoin collateral loan product.

**LTC ***Litecoin (+12.2%, market cap 6.818 billion USD) *

Hot Coin Observation Litecoin (LTC) was developed by former Google engineer Charlie Lee in 2011 and is one of the most representative encryption currencies. Charlie hoped that Litecoin would become a "lite version of Bitcoin," so he improved Bitcoin's code, significantly increasing Litecoin's transaction speed. Previously, Canary Capital submitted an application for a Litecoin ETF to the SEC, which chose to postpone its decision on the submitted Litecoin (LTC) spot ETF application, leading to a short-term decline in LTC. It has increased by 12.2% in the last 24 hours, marking a rebound after this rapid decline.

Alpha Data

SOL Strategies announces an increase of 122,500 SOL

Core Data SOL Strategies announced the acquisition of 122,524 SOL tokens at a price of $18,250,730, with an average price of $148.96 per token. Leah Wald, CEO of SOL Strategies, stated that this procurement aligns with the company's strategic plan to expand its validator node operations and ecosystem layout. The company focuses on the Solana ecosystem, with its main businesses covering three areas: enterprise-level validator node operations, strategic holdings of SOL tokens, and technological innovations in Solana. SOL Strategies Inc.(CSE: HODL) is a Canadian investment company, considered the MicroStrategy of the Solana ecosystem. However, Leah Wald has stated that SOL Strategies is a real technology company that aims to achieve growth in a robust manner.

Data Interpretation

This strategic increase in holdings not only strengthens SOL Strategies' position as a core infrastructure provider in the Solana ecosystem, but also, by deeply coordinating capital allocation with node operations and technological innovation, the company is building a more resilient growth flywheel for the Solana ecosystem.

KULR Technology has increased its holdings by 42 BTC, with a year-to-date return of 197.5%

Core Data KULR Technology, a company listed on the NYSE, CEO Michael Mo announced on the X platform an increase in holdings of 42 BTC, valued at approximately 4 million dollars, with an average price of 94,403 dollars, yielding a return of 197.5% on Bitcoin year-to-date. As of May 6, 2025, the company's total Bitcoin holdings reached 716.2 coins, valued at approximately 69 million dollars, with an average purchase price of 96,342 dollars.

Data Interpretation KULR Technology's significant increase in its Bitcoin holdings not only demonstrates the public company's long-term confidence in encryption as a value storage asset but also reflects the accelerated integration of traditional capital with emerging digital assets. When executives of publicly listed companies transparently disclose the details of their encryption operations, this compliant and institutionalized approach to participation is reshaping the investment model in the digital asset market, further pushing Bitcoin into the mainstream financial system.

$TRUMP founding team has obtained over $320 million in fee income

Core Data According to Fortune magazine, blockchain analysis company Chainalysis stated that since the launch of the Trump Memecoin TRUMP earlier this year, its issuing team has earned over $320 million in revenue from transaction fees. On May 5, Trump promoted a TRUMP dinner that will be held on May 22.

Data Interpretation The $TRUMP founding team has already received over $320 million in fees, indicating that capital flows in the crypto market are becoming more diversified, with both institutional and individual investors exploring new profit models. However, the high volatility of Memecoins may still pose significant risks, and investors should remain cautious when investing in Memecoins. 【14】

Alpha Interpretation

New Hampshire becomes the first state in the U.S. to pass a Bitcoin strategic reserve bill

Overview of Details The Governor of New Hampshire signed HB 302, which adopts the Bitcoin Strategic Reserve (SBR) model bill from Satoshi Action. The content of HB 302 allows the state treasury to purchase Bitcoin and top digital assets, authorizing reserves to buy up to $500 billion in Bitcoin (limited to full stop-loss only). The holding limit is 5% of the state's total funds, ensuring that Bitcoin supplements the state's broader investments. It mandates U.S. regulatory custody, with assets required to be held in multi-signature controlled by the state or through U.S. exchange-traded products to maximize security and transparency. It takes effect 60 days after enactment, providing a clear operational framework for reserves and stacks.

Hotspot Interpretation U.S. states are clearly diverging in the process of legislation on bitcoin reserves. Florida officially shelved its Bitcoin Reserve Act (HB 487) on May 3, withdrawing from the legislative race along with six states, including Wyoming and North and South Dakota. At the same time, Arizona is still actively advancing two related bills, South Carolina intends to authorize the Secretary of the Treasury to allocate 10% of state funds to Bitcoin, and Missouri's proposal has entered the House Select Committee stage. This divergent development of the legislative process highlights the stark divergence among states in their attitudes towards cryptocurrency regulation.

The strategic Bitcoin reserve bill (HB 302) passed by New Hampshire is groundbreaking and provides the first operational legislative template for establishing digital currency reserve systems across U.S. states. The bill innovatively stipulates secure custody solutions such as multi-signature cold storage. This breakthrough development could reshape the asset allocation landscape of local governments in the United States, and its demonstration effect may accelerate the legislative process in other states, especially those with sound financial conditions and an open attitude toward financial innovation. 【15】

Tether integrates Chainalysis compliance tools into the Hadron platform to enhance asset tokenization compliance standards

Details Overview Stablecoin issuer Tether has announced the integration of compliance and monitoring tools from the blockchain data platform Chainalysis into its asset tokenization platform Hadron. This integration provides Hadron with institutional-level risk detection, real-time transaction monitoring, and comprehensive Know Your Transaction (KYT) support, aimed at ensuring that platform users comply with global regulatory standards from the outset. Hadron is primarily targeted at institutions, enterprises, and governments, supporting the issuance and management of assets such as stablecoins, bonds, funds, and commodity-backed tokens across multiple blockchains. This upgrade also includes ecosystem-level transaction monitoring, an integrated KYC and KYT framework, and API interfaces for seamless integration with enterprise systems.

Hotspot Interpretation Tether's integration of Chainalysis's compliance monitoring tools into the Hadron platform has significant strategic importance, marking the official entry of institutional-level digital asset services into a "regulatory-friendly" new development stage. This upgrade not only builds a compliance infrastructure for the Hadron platform that covers the entire lifecycle of asset issuance—including real-time KYT monitoring, multi-chain transaction tracking, and API-based risk control systems—but more importantly, it provides institutional clients with tokenization solutions that comply with global regulatory frameworks, effectively lowering the compliance barriers for traditional financial entities entering the digital asset space.

Aave community proposes Aave V3 deployment on Aptos mainnet

Detailed Overview The Aave community proposed the ARFC to "deploy Aave V3 on the Aptos mainnet." The proposal includes deploying Aave V3 on the Aptos mainnet and improving the efficiency, accessibility, and resilience of the Aave V3 protocol through Aptos, enabling Aave to serve a broader audience.

Hotspot Interpretation Aave, as a multi-chain deployed lending protocol, currently supports multiple public chains including Ethereum, Arbitrum, Sonic, Base, and Polygon, according to Defillama data. The proposal for deploying on the Aptos mainnet means that Aave will once again expand its boundaries, highlighting the protocol's compatibility with the Move language ecosystem in its technical architecture. This deployment will significantly broaden Aave's user coverage, especially attracting a high-performance user base within the Aptos ecosystem, and is expected to bring new growth to the protocol's TVL. The high throughput characteristics of the Aptos mainnet will provide Aave with a better trading experience, further solidifying Aave's leading position in the decentralized lending space.

Has the investor made a move?

According to RootData, three projects publicly announced financing in the past 24 hours, involving areas such as public chains, AI, and DeFi, with a total financing amount exceeding 30 million USD. Here are the specific details of the financing projects:【18】

( Sentora

Completed $25 million financing, led by New Form Capital The DeFi analysis platform IntoTheBlock has merged with the liquidity service provider Trident Digital to form a new company, Sentora. On May 6, the company completed a $25 million financing round led by New Form Capital, with participation from Tribe Capital, Ripple, Curved Ventures, and others. Sentora will combine the strengths of both IntoTheBlock and Trident Digital to provide a one-stop service platform for institutional investors, including features such as yield strategies, compliance, risk management, and structured products. Sentora is led by Anthony DeMartino, former Head of Risk Strategy at Coinbase. The platform aims to simplify the complexity of institutional access to the DeFi market and prepare for the future on-chain of trillion-dollar assets.

) DogeOS

Completed $6.9 million financing, with Polychain as the investor The Dogecoin ecosystem application development layer DogeOS announced the completion of a $6.9 million financing round, led by Polychain Capital. The project aims to build an application development layer on the Dogecoin blockchain, supporting a variety of consumer applications ranging from gaming to artificial intelligence, enhancing the Dogecoin ecosystem and its decentralized financial services. DogeOS plans to promote the application of DOGE by providing operating system-level development tools, facilitating the integration of the community with on-chain innovation.

Litheum

Completed $750,000 financing, with investors Amber Group and Alphemy Capital Layer1 blockchain protocol platform Litheum has completed a $750,000 financing round, with Amber Group and Alphemy Capital as investors. Litheum utilizes an innovative PoP (Proof-of-Performance) consensus mechanism to enhance on-chain performance and cost efficiency while ensuring security and decentralization by incentivizing all core functional nodes in the network and dynamically adjusting block size and transaction fees. According to reports, Litheum plans to launch a testnet in the next quarter to lay the groundwork for its mainnet release.

Did you receive the airdrop?

Doodles

The NFT project Doodles officially announced today that it will launch the $DOOD token on the Solana chain and will airdrop to two groups: Doodles NFT holders can pre-register to receive it via dood.doodles.app; New Blood community members will automatically qualify for the airdrop at the TGE without registration. Doodles is a collection of 10,000 NFTs (non-fungible tokens) consisting of hundreds of exciting visual features designed by Burnt Toast. The hand-drawn doodles include skeletons, cats, aliens, apes, and mascots. The Doodles series also features dozens of rare avatars, outfits, and color schemes from artists' palettes. As the universe expands, collectors can gain exclusive access to the latest products, merchandise, and events through ownership.

Participation Method

  1. Purchase Doodles NFT on platforms like Opensea and Blur.
  2. Pre-register at dood.doodles.app to receive $DOOD tokens.

Tip Airdrop plans and participation methods may be updated at any time, and users are advised to follow Doodles' official channels for the latest information. At the same time, users should participate cautiously, be aware of the risks, and conduct thorough research before participating. Gate.io does not guarantee the distribution of subsequent airdrop rewards.

Reference Materials:

  1. Gate.io, [https://www.gate.io/trade/BTC_USDT]###https://www.gate.io/trade/BTC_USDT###
  2. Gate.io, https://www.gate.io/trade/ETH_USDT
  3. Farside Investors, https://farside.co.uk/btc/
  4. Farside Investors, https://farside.co.uk/eth/
  5. CoinGecko, https://www.coingecko.com/categories
  6. Investing, https://investing.com/indices/usa-indices
  7. Investing, https://investing.com/currencies/xau-usd
  8. Gate.io, https://www.gate.io/bigdata
  9. Gate.io, https://www.gate.io/blog/6460/what-is-kaito-ai-where-can-you-buy-kaito-token
  10. Gate.io, https://www.gate.io/zh/learn/articles/essential-guide-to-maple-finance/696
  11. Coindesk, https://www.coindesk.com/policy/2025/05/05/sec-further-delays-litecoin-etf-requests-public-comments
  12. Sol Strategies, https://solstrategies.io/sol-strategies-provides-update-on-sol-purchases-2/
  13. Coinpedia, https://coinpedia.org/news/kulr-technology-buys-additional-42-bitcoin-worth-4m-companys-btc-trove-surges-to-716-2-coins/
  14. Fortune, https://fortune.com/crypto/2025/05/06/trump-meme-coin-creators-320-million-fees-presidential-dinner-top-holders/
  15. X, https://x.com/EleanorTerrett/status/1919791266914611476
  16. Tether, https://tether.io/news/hadron-by-tether-integrates-chainalysis-sets-new-standard-for-compliant-tokenization/
  17. Aave, https://governance.aave.com/t/arfc-aave-v3-deployment-on-aptos-mainnet/21823
  18. Rootdata, https://www.rootdata.com/Fundraising
  19. X, https://x.com/doodles

Gate Research Institute is a comprehensive blockchain and encryption research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.

Disclaimer Investment in the crypto market involves high risks, and it is recommended that users conduct independent research and fully understand the nature of the assets and products being purchased before making any investment decisions. Gate.io does not take any responsibility for any losses or damages resulting from such investment decisions.

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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BigBrotherShortsvip
· 05-07 16:05
Steadfast HODL💎
Reply0
BigBrotherShortsvip
· 05-07 16:05
Firm HODL💎
Reply0
BigBrotherShortsvip
· 05-07 16:05
Steadfast HODL💎
Reply0
BigBrotherShortsvip
· 05-07 16:05
Steadfast HODL💎
Reply0
Ybaservip
· 05-07 14:41
Thank you for the information and sharing
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GateUser-b77ab719vip
· 05-07 12:31
Hurry up and enter a position! 🚗
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ANeedleFloatingSnowvip
· 05-07 12:19
Just go for it 💪
Reply0
ANeedleFloatingSnowvip
· 05-07 12:19
Just go for it 💪
Reply0