Trump-linked WLFI triples Ether holdings to $10 million, Solana sees $485 million outflows

From Cointelegraph

March 7, 2025 2:00 pm:

The DeFi platform linked to US President Donald Trump tripled its Ether holdings to $10 million amid the crypto market downturn. Meanwhile, Solana experienced $485 million in outflows last month as investors moved to safer assets. Trump will host the White House’s first Crypto Summit on March 7 to discuss regulatory policies and Bitcoin’s role in the US financial system. Crypto VC deals topped $1.1 billion in February, with DeFi projects attracting significant investment. The Bybit hacker laundered all $1.4 billion in stolen crypto in 10 days, mainly through THORChain. Cardano and Bitcoin Cash were the biggest gainers in the top 100 cryptocurrencies, rising over 46% and 40%, respectively, in the past week.

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