Solana-Backed Coalition Pushes for Regulatory Clarity with BRCA Inclusion in CLARITY Act
In a significant move for the cryptocurrency industry, eight major U.S. crypto firms and policy organizations, including the Solana Policy Institute, have rallied behind the inclusion of the Blockchain Regulatory Certainty Act (BRCA) into the updated CLARITY Act. This collective effort highlights the industry's push for clear regulatory distinctions between custodial financial institutions and non-custodial software developers, aiming to foster innovation and compliance in the digital asset space. The collaboration underscores Solana's growing influence in shaping crypto policy and its commitment to a transparent regulatory framework.
U.S. Crypto Firms Rally Behind BRCA Inclusion in CLARITY Act
Eight major U.S. cryptocurrency firms and policy organizations have united in support of embedding the Blockchain Regulatory Certainty Act (BRCA) into the updated CLARITY Act. The MOVE signals growing industry consensus on creating clear regulatory distinctions between custodial financial institutions and non-custodial software developers.
Entities including Coin Center, the DeFi Education Fund, Solana Policy Institute, and Uniswap Labs argue that peer-to-peer blockchain developers shouldn't be classified as money transmitters. The BRCA draws from a 2019 FinCEN advisory that exempts developers who don't control user funds from money transmission laws.
This legislative push aims to resolve longstanding legal ambiguities that have hampered innovation in the blockchain space. The proposal, originally introduced by Representatives Emmer and Torres, seeks to codify regulatory clarity for non-custodial technology providers.
Argentine President Cleared in LIBRA Meme Coin Controversy
Argentina's anti-corruption office has exonerated President Javier Milei following allegations tied to his promotion of the Solana-based LIBRA meme coin. The ruling, detailed in a court filing, determined Milei acted in a personal capacity when endorsing the token on social media earlier this year.
LIBRA briefly surged to $4.50 after Milei's February post suggesting the cryptocurrency could benefit Argentina, before collapsing 90% to under $0.50. Trading volume exceeded $1.1 billion within hours of launch, but the token now languishes NEAR $0.03. Critics accused developers of orchestrating a pump-and-dump scheme.
Opposition-led probes alleged misuse of presidential influence, though investigators found no evidence of wrongdoing. The controversy highlights the volatile intersection of politics and speculative crypto assets.
Central African Republic Launches Tokenized Land Sales on Solana Blockchain
The Central African Republic (CAR) has taken a pioneering step in merging real estate with blockchain technology by launching a tokenized land sales platform on the solana network. President Faustin-Archange Touadéra announced the initiative, which aims to attract global crypto investors and foster sustainable development.
Investors can purchase land parcels using the CAR token, a native cryptocurrency. Each digital token represents a physical plot of land that has been legally registered, subdivided, and made accessible. The government highlighted Solana's scalability, low fees, and energy efficiency as key reasons for selecting the blockchain.
The project positions CAR as a leader in leveraging blockchain for economic growth, offering tangible assets with agricultural and construction potential. Solana's infrastructure ensures fast, cost-effective transactions, aligning with the nation's long-term sustainability goals.
Solana's Client Stack Diversification Gains Momentum
Solana's validator client ecosystem, long dominated by a single Rust-based implementation (Agave), is undergoing a strategic decentralization. Jito-Solana, an MEV-enhanced fork of Agave, now processes over 90% of network stake—a concentration that poses systemic risks if the client fails.
Jump Crypto's Firedancer emerges as a high-profile challenger, promising modular architecture and throughput exceeding 1 million TPS. Yet beneath the hype, multiple teams are advancing alternative clients with competitive technical roadmaps. This diversification marks a critical maturation phase for Solana's infrastructure resilience.
Solana Price Prediction: Strong Breakout Signals $164 Upside Target Soon
Solana's price action reveals a compelling bullish narrative. Trading at $156.19 with a 1.74% weekly gain, the asset demonstrates resilience amid broader market consolidation. The breakout from an ascending triangle pattern—a classic bullish signal—points to a probable test of $164 in the near term.
Market dynamics underscore growing confidence. With $3.26 billion in daily volume and an $82 billion market cap, Solana commands attention as a high-conviction play. Technical indicators align with this optimism, showing sustained buying pressure even as other tokens range-bound.
Risk remains ever-present. Network stability and macroeconomic headwinds could temper momentum. Yet the technical thesis holds: Solana’s consolidation between $120-$130 has given way to decisive upside, suggesting institutional players are positioning for a longer-term value revaluation.
Solaxy Presale Nears $46 Million Ahead of Closing, Pitching Itself as Solana's Next-Gen Layer-2 Solution
Solaxy (SOLX) has surged to $45.8 million in its presale phase, emerging as one of 2025's most notable meme coin offerings. The project blends meme culture with technical ambition, proposing a Layer-2 scaling network for Solana to address congestion issues. Priced at $0.00175, SOLX remains available for one final week before exchange listings commence.
The Layer-2 solution processes transactions off-chain before bundling them for on-chain settlement, a design targeting Solana's network strain during peak activity. Developers of high-throughput applications—from DeFi to NFT platforms—could leverage its modular architecture for optimized performance. Solana's reputation for speed and low fees faces pressure from growing adoption; Solaxy positions itself as the infrastructure to sustain its growth trajectory.