5 Must Reads in the Evening | Is Solana's collapse an end or a new beginning?

Reprinted from jinse
03/05/2025·1M1. What highlights will be there at the White House Cryptocurrency Summit?
On February 28, 2025, the White House announced that Trump will host the first White House Cryptocurrency Summit and deliver a speech on Friday, March 7. Attendees will include well-known founders, CEOs and investors in the cryptocurrency industry, as well as members of the President’s Digital Assets Working Group. The summit will be chaired by White House Al and cryptocurrency Tsar David Sacks and will be managed by Bo Hines, executive director of the task force. Click to read
2.Multicoin: We are optimistic about JTO, which has 4-5 times the increase
On March 4, 2025, Multicoin Capital released a 45-page JITO asset valuation report. Multicoin Capital said it has accumulated considerable holdings in Jito Network native token JTO in the past three years through its hedge funds and venture capital funds. Multicoin Capital’s optimistic valuation of JTO is $11.63, 4.45 times the 7-day weighted average price (TWAP) as of March 3, 2025. After the Multicoin Capital Jito report was released, JTO prices quickly rose from $2 to $2.4, an increase of nearly 20%. Click to read
3.Bitwise: The market is wrong. Trump's strategic reserves are essentially
good.
On Sunday, President Trump announced that the United States of America would create a strategic cryptocurrency reserve that holds five crypto assets: Bitcoin, Ethereum, Solana, XRP and ADA. After the news came out, the market initially rose sharply, and the price of Bitcoin immediately jumped from $85,000 to $95,000. But as Sunday passed, by Monday, the market began to fall. As I wrote this memorandum, Bitcoin and other assets mentioned in the announcement not only gave up all the gains, but even fell more. Click to read
4. Strategic Reserves and Game of Thrones: Encrypted Order in the Trump
Age
For President Donald Trump, the world is an episode of "Apprentice". In less than a month after he took office, many people, from internal government employees to foreign leaders, have received a metaphorical notice from him that “You were fired”. As the show continues to air over the next four years, how can cryptocurrencies, as key contestants, successfully advance to the next round? Maybe we must first understand the boss himself. Click to read
5. Is Solana's collapse an end or a new beginning?
As Trump issued coins on Solana, the market value of circulating coins reached US$14 billion, Solana/TRUMP also began to gradually break through the circle. I believe that when Trump gradually reaches ATH, friends outside the circle may be asking how to buy Trump and Solana. It was also on that day that Moonshot, as a very web2 userfriendly crypto broker, had a historical ATH revenue of US$6.3 million in a single day. Click to read