Solana’s Future Brightens as Donut Secures $7M for AI-Driven Crypto Browser
Donut, a cutting-edge crypto-native browser designed for autonomous agents, has successfully raised $7 million in pre-seed funding. This significant investment, led by Hongshan, BITKRAFT Ventures, and HackVC, with participation from Sky9 Ventures and others, aims to revolutionize how users and AI agents interact with the decentralized web. The browser integrates crypto wallets, networks, and decentralized exchanges (DEXs) into a single programmable interface, enabling seamless financial transactions. This development is particularly noteworthy for solana (SOL), which is currently priced at 160.25 USDT, as it highlights the growing integration of AI and blockchain technology. The funding round underscores the increasing confidence in AI-driven solutions within the crypto space, potentially paving the way for broader adoption and innovation. As the decentralized web continues to evolve, Donut’s browser could play a pivotal role in shaping the future of digital asset interactions, with Solana poised to benefit from these advancements.
Donut Secures $7M to Pioneer AI-Driven Crypto Browser
Donut, a crypto-native browser designed for autonomous agents, has raised $7 million in pre-seed funding to redefine interaction with the decentralized web. The round was led by Hongshan, BITKRAFT Ventures, and HackVC, with participation from Sky9 Ventures and others.
The browser integrates crypto wallets, networks, and DEXs into a single programmable interface, enabling users and AI agents to execute financial transactions seamlessly. Founder Chris Zhu, a veteran of crypto and frontier tech, aims to rebuild the internet’s front-end for a hyper-financialized, agent-driven future.
Tokenized Equities Poised to Surpass Stablecoins in Market Impact, Says Backed CEO
Kraken’s upcoming listing of Solana-based tokenized equities marks a strategic move to attract Solana investors, developed in collaboration with startup Backed. The product, dubbed xStocks, aims for cross-platform interoperability, enabling transfers between exchanges like Coinbase and decentralized platforms such as Orca and Kamino.
Backed co-founder Adam Levi envisions tokenized public equities as the next frontier in crypto’s evolution, surpassing even stablecoins in long-term significance. While Securitize explores tokenizing private credit funds, Backed’s focus on public equities reflects a divergent approach to blockchain-based asset innovation.
Solana Price Forecast: Consolidation Phase Amid Institutional Adoption Signals
Solana (SOL) trades at $163.26, down 5.51% amid broader market cooling, with weekly losses extending to 12.64%. The asset shows tightening Bollinger Bands (10.38% width) and declining momentum (-5.62%), suggesting a consolidation phase between key levels of $160 support and $176 resistance.
Technical indicators flash caution. The MACD’s bearish crossover (4.76 below 6.43) contrasts with an RSI nearing oversold territory at 46.33. Traders await confirmation of either a breakout above $168 for potential $176 retest or breakdown below $162 targeting $158.
Institutional interest emerges as a counterbalance to short-term volatility. Solana’s strategic MoU with AIX, Interbix, and Jupiter signals blockchain adoption in capital markets, potentially anchoring longer-term valuation support.
Solana to Launch First Kaito-like Mindshare Leaderboard
Solana is set to introduce its first mindshare leaderboard, modeled after Kaito’s engagement-ranking system. The platform, developed by Wallchain, will measure user influence on crypto Twitter, rewarding top contributors with ’quacks’—an offchain points currency. High-ranking participants may later qualify for token allocations, though Wallchain remains noncommittal about future token plans.
The algorithm aims to curb spam by applying exponential decay to quack earnings for users flagged repeatedly. Early data highlights Solana co-founder Anatoly Yakovenko, Helius’s Mert Mumtaz, and trader Ansem as top influencers over the past month.
While leaderboards like Kaito’s have gained traction, critics argue that linking engagement metrics to token rewards risks incentivizing low-quality content over genuine ecosystem growth.
