In this article…

After an explosive 2025, Solana continues to boom on multiple fronts. We’ll look at the data and developments, plus we’ve got:

• Polymarket signing a major deal

• An MSCI decision that is positive for DATs

• A streaming stock setting up for a strong year

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Chart of the Day

Is AI in a bubble? If so, it’s a bubble with a long way still to inflate yet as it’s tied to a genuine tech upheaval – comparable to the industrial revolution.

The fundamentals are real from a financial point of view; here’s a chart from The Kobeissi Letter demonstrating how AI revenue growth is currently not slowing down. In fact, it’s accelerating.

You can see that out on top is Microsoft Azure, where revenue quadrupled between Q2 2024 and Q3 2025, hitting $18.5 billion, while OpenAI quadrupled since Q1 2024 to reach $13 billion, Anthropic has reached $7 billion, and CoreWeave is at $5.5 billion.

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Trade of the Day

ETH is testing the moving averages after breaking out of a months‑long downtrend. At the same time, ETH/BTC looks constructive, with momentum to the upside and possible support forming, from which ETH may be able to launch a further move up.

An initial move up towards the December high, set at $3,477, looks viable. However, as always, Bitcoin is the crypto leader – if BTC breaks down badly then ETH will most likely stall.

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Alpha Leaks

• MSCI has decided that digital‑asset treasury companies such as Strategy (MSTR) and Bitmine (BMNR) will not be excluded from its indexes, removing inclusion doubts around Strategy.

• Zeta Global (ZETA) signed a partnership with OpenAI to develop its enterprise marketing AI agent, Athena. ZETA pumped 18 % this week and looks like a strong hold.

• Morgan Stanley has filed with the SEC to launch spot BTC, ETH, and SOL ETFs in the US. Notably, the ETH and SOL ETFs will include token staking.

• Lighter (LIT) began LIT token buybacks, causing the price to bounce from the lows, and the protocol followed this up with the launch of 24‑hour weekday equity markets.

• Trove, a perps DEX where users can trade RWAs, collectibles, and prediction markets, is running an ICO from January 8‑11, aiming to raise $2.5 million at a $20 million FDV. See the official post for full details.

• xAI, Elon Musk’s AI company, completed a Series E funding round, raising $20 billion (exceeding its $15 billion target), with Nvidia and Cisco Investments as strategic investors.

• Bitwise gained approval to launch a spot LINK ETF, and Chainlink received another boost with BitMEX selecting its Data Streams oracle solution for a new Equity Perps trading product.

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News Roundup

Solana Metrics Are Booming

Morgan Stanley’s filing to launch a SOL ETF highlights growing TradFi interest. Recent Solana stats (posted by Solana) for 2025 include:

• App revenue: $2.39 billion (up 46 % YoY), with seven apps exceeding $100 million in revenue.

• Network revenue (distinct from app revenue): $1.48 billion, a 48× gain over two years.

• Unique active wallets: 3.2 million per day; total wallets with at least one transaction: 725 million.

Additional highlights:

• Solana added $900 million in stablecoin supply in a single 24‑hour period.

• It is currently the top chain by 24‑hour and 30‑day DEX volumes and the number‑one chain by market cap for tokenized stocks.

The largest inflows for SOL ETFs this week were $16.24 million. Yesterday saw the launch of the first stablecoin issued by a U.S. state – Wyoming’s Frontier Stable Token (FRNT) – which lives on the Solana blockchain.

Polymarket Signs Dow Jones Deal

Polymarket signed a deal to provide real‑time prediction‑market data to Dow Jones media outlets (The Wall Street Journal, Barron’s, MarketWatch). Live probability data will be embedded through dedicated modules, giving readers market‑priced views on topics ranging from elections to earnings.

The partnership follows Polymarket’s recent deal with tokenized real‑estate platform Parcl, enabling users to trade on future home‑price movements across the U.S.

World Liberty Financial Seeks Banking License

Trump‑backed DeFi protocol World Liberty Financial has applied for a U.S. national trust bank charter, which would place its dollar‑pegged stablecoin USD1 under federal oversight. The application, filed with the OCC, aims to create a “national trust bank purpose‑built for stablecoin operations,” serving institutional clients with crypto custody, stablecoin conversions, and on/off‑ramps, all in compliance with the GENIUS Act.

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Degen Play of the Day

Roku, Inc. (ROKU) operates a leading connected‑TV platform, generating most revenue from advertising and platform fees rather than hardware. The stock has renewed attention after Morgan Stanley upgraded Roku to Overweight and raised its price target, while Wells Fargo reiterated a bullish view, both pointing to improving revenue trends.

Roku user engagement remains solid, and the digital‑advertising market looks healthy. Although competition and business cyclicality are real risks, the price chart suggests Roku has built a solid base and may be forming a long‑term double bottom, potentially preceding a move higher through 2026.

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Legal Disclaimer

This content is intended purely for general knowledge and educational discussion. It is not financial advice, a recommendation, or a financial promotion under the laws of any jurisdiction. Nothing shared here should be interpreted as an offer to buy or sell any virtual asset, financial product, or security. The material is not tailored to any specific investor profile and is not intended to guide investment decisions. All views expressed are personal opinions or general commentary for informational purposes only. Unless explicitly stated, no part of this content has been sponsored, commissioned, or endorsed by any issuer, platform, or third party. Virtual assets involve significant risk and can be extremely volatile. You could lose some or all of your investment, and there are no legal or financial protections in place. Some assets may be illiquid, difficult to transfer, or subject to irreversible transactions. Past results do not predict future performance. This content does not imply that investing is easy, safe, or guaranteed to yield returns. Where partnerships or paid collaborations are involved, those will be clearly marked in accordance with applicable disclosure requirements. Please do your own research and speak with a qualified advisor before making any investment. Only invest what you’re fully prepared to lose.

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Author bio: Lark Davis is a cryptocurrency investor with years of experience, running multiple educational channels on crypto investing.