Solana Whale Nets $153 Million Profit with 4-Year Staking Strategy—Meanwhile, Traders Chase the Next Memecoin

A Solana whale just cashed out $153 million after patiently staking for four years—proving once again that slow and steady wins the race (while everyone else loses their shirts chasing 1000x memecoin pumps). Meanwhile, Bitcoin briefly punched past $90K as traders placed bets on a run to $92K, and Elon Musk teased another DOGE exit—because nothing says ’stable investment’ like a billionaire’s tweet-fueled volatility. Forbes spotlights LBank’s global crypto push through memecoins and infrastructure, because apparently ’financial revolution’ now means gambling on dog-themed tokens. The dollar’s decline? Analysts say buckle up—this isn’t a dip, it’s a lifestyle.

Weakness In the US Dollar Will Continue, Says Analyst

Kamakshya Trivedi, Head of Global FX at Goldman Sachs said that the US dollar’s weakness is here to stay. He explained that the USD is no longer the SAFE haven as other currencies are in a race to topple it from the world’s reserves. Central banks of developing countries are cutting back on the USD and diversifying their reserves with gold.

The decline of the US dollar began after the White House pressed sanctions on Russia in 2022. Emerging economies grouped to push local currencies for trade settlements ending reliance on the USD.said Trivedi.

He also explained that the euro and the Japanese yen could deliver better returns than the US dollar.

Read here to know how long the US dollar will remain the dominant currency in the global markets. Several local currencies are now trying their shot to take the top spot and leave the USD behind. The euro, pound, Chinese yuan, and Japanese yen are in the race.