Bitcoin Halving Sooner Than Expected While Ethereum Fees Plummet, Solana Struggles With Meme Coin Congestion

Bitcoin's next halving is expected in mid-April, over 2 weeks earlier than previously expected, which could drive market frenzy. Projects are targeting the event for launches and other hype-building efforts.

Solana has seen congestion and failed transactions due to a surge in activity around meme coins like dogwifhat, bonk, and SLERF. Co-founder Anatoly Yakovenko calls it a "bizarre" stress test.

Ethereum layer-2 networks like Arbitrum and Optimism have seen significant drops in median fees, from about $0.40 to $0.006, in the aftermath of last week's Dencun upgrade.

Polyhedron Network closed a $20M funding round at a $1B valuation. Mantra Chain raised $11M, JDI Ventures invested $10M in MXC Foundation.

Grayscale saw $12B in outflows from its bitcoin trust. An analyst predicts ether ETFs likely won't get approved in May.