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EdTech Firm Classover Bets Big on Solana With $500M Treasury Deal

Classover Holdings Inc., a global K–12 edtech company valued at $63 million, is diving deep into crypto with a $500 million treasury initiative centered on Solana (SOL). The firm has entered into a binding agreement with Solana Growth Ventures LLC to issue senior secured convertible notes worth up to $500 million, a move designed to stabilize its financial footing and build a crypto-backed reserve.

Classover signs a $500M convertible notes agreement, planning to invest up to $900M in Solana amid liquidity pressure.

The contract stipulates an initial $11 million payment, subject to standard closing conditions. Once finalized, Classover will be required to allocate up to 80% of the funds raised toward purchasing SOL tokens, solidifying its strategic commitment to the Solana ecosystem.

This comes after a prior purchase of 6,472 SOL for $1.05 million. The company is now reportedly eyeing discounted locked tokens to expand its holdings further. Including a previous $400 million equity deal, Classover’s total potential investment in Solana could reach $900 million.

Company CEO Ms. Luo called the move a “significant milestone,” stating the plan will “restructure Classover’s treasury model with blockchain integration at its core.” Financial advisory is being handled solely by Chardan.

However, this ambitious pivot to Solana comes amid financial strain. The firm reported a 102% drop in revenue over the past year and a dangerously low current ratio of 0.02, signaling tight liquidity. This $500M convertible note agreement appears to be a lifeline—and a bold bet on crypto—to keep the company afloat.

To further align operations with this strategic shift, Classover has adjusted executive compensation. CFO Yanling Peng’s annual salary is now set at $156,000 effective May 1, 2025.

Founded in 2020, Classover provides live, online courses for K–12 students across the globe. This new crypto-heavy initiative could mark a significant turning point for the company as it works to stabilize and scale amid mounting pressure.

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Solana Surges 23% in May, Hits $186 Amid Record 4.1B Transactions

Solana’s May Momentum: Breaking Records and Price Charts

Solana (SOL) is making waves this May, soaring 23% to hit a new 2025 high of $186. The network’s impressive performance is backed by processing a staggering 4.1 billion transactions this month, driven by a surge in meme coin activity and NFT launches .

SOL’s Network Activity Fuels Price Surge

The spike in SOL’S price isn’t just market hype. The network’s ability to handle 3,200 transactions per second at peak capacity showcases its robust infrastructure. However, the increased activity has also highlighted the need for optimized node configurations to manage congestion during high-volume periods .

With a market cap reaching $96.7 billion, Solana’s growth is a testament to its scalability and the increasing demand for efficient blockchain solutions.

Looking Ahead

As it continues to attract developers and users alike, its trajectory suggests sustained growth. The combination of high throughput and active community engagement positions Solana as a formidable player in the crypto space.

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Solana Surge: 5 Reasons This Hot Crypto Is Breaking the Internet

Why the Solana Surge Is Real Right Now

If you’ve been anywhere near crypto Twitter or Reddit lately, you’ve seen it: Solana’s popping off again. No cap, it’s giving serious bull vibes in 2025. After lagging behind ETH for a minute, SOL is now sprinting. Why? First off, Solana just handled over 100 million transactions in a single day — and fees stayed stupid low. That’s wild when gas on ETH still costs more than your coffee.

But here’s the real sauce: devs are flocking to build on Solana again. We’re talking games, DeFi, NFTs — it’s all getting a second wind. With big players like Helium and Render moving their ecosystems to Solana, it’s clear people aren’t sleeping on it anymore.

Also, SOL’s recent partnership with a major AI startup just hit headlines — and markets responded fast. The coin’s price jumped 15% in two days, and analysts say there’s more upside. If you’re the type that’s into flipping alts, SOL might be that move.

Look, nothing’s guaranteed in crypto. But the Solana Surge is more than just hype. It’s momentum with receipts.

If you’re trying to catch a wave before it goes full viral, you might wanna look into the way solana surge is taking place — but do your own research, always.

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7 Hopeful Reasons Solana Is Dominating the Crypto Scene in 2025

Solana’s 2025: The Crypto Powerhouse

Solana is making serious waves in 2025. With its lightning-fast transaction speeds and minimal fees, it’s no wonder developers and investors are flocking to this blockchain. Processing up to 65,000 transactions per second, Solana is outpacing many of its competitors.

The ecosystem is booming. From decentralized finance (DeFi) platforms to non-fungible tokens (NFTs), SOL is the go-to for innovative projects. Its unique Proof of History consensus mechanism ensures efficiency and scalability, attracting a diverse range of applications.

Institutional interest is also on the rise. Major financial players are integrating Solana into their operations, recognizing its potential for high-speed, low-cost transactions. This adoption is driving up the value and credibility of the SOL token.

However, it’s not all smooth sailing. The network has faced some outages, raising concerns about reliability. But the development team is actively working on solutions to enhance stability and performance.

In terms of market performance, Solana’s market cap has surged, placing it firmly in the top 10 cryptocurrencies. Its growth trajectory suggests it could climb even higher, challenging established players in the space.

It’s combination of speed, low fees, and a thriving ecosystem positions it as a formidable force in the crypto world. If it continues on this path, 2025 could be the year SOL cements its status as a crypto powerhouse.

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Breaking !Solana (SOL) Surges 88% in a Month — Traders Bet on $200 by June End

Solana’s back in beast mode. In just 4 weeks, $SOL has zoomed from under $100 to $170 — that’s an 88% send, fam. While Bitcoin’s been cruising with a 40% gain, SOL’s been doing donuts around it.

The pump kicked off on April 7, and now big-money players (aka block traders) are going full ape mode on it.

They’re throwing bags at $200 call options expiring June 27. Translation? They’re betting SOL’s hitting $200+ before June wraps. One whale trade even dropped $263K in premium on 50K contracts. No cap.

And guess what? They got in while implied volatility was low (84%), meaning their entry was on discount. Usually, SOL’s IV is triple digits, so this was a solid sniper move.

But here’s where it gets spicy:
Market makers are now in net negative gamma at the $200 level. That means as the price moves up, they gotta buy more SOL to hedge. If price drops, they start selling. This creates a wild ping-pong effect and could send SOL even higher (or make it hella bouncy).

Chart Vibes?

Solana’s token SOL broke $120, then $162.
Now it’s trying to crack $180.
It’s showing a lil’ hesitation, might fake out before sending.
If rejected, it could dip to $162 (support now), bounce there, and then moon.

So yeah, $200 isn’t just a meme anymore. It’s in play.
And if this momentum holds?
Solana might just break the internet again.

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Breaking !Sygnum Lists 3 Reasons Why Solana Isn’t Ready to Beat Ethereum

Swiss crypto bank Sygnum just gave their unfiltered take: Solana may be making noise, but it’s not ready to take Ethereum’s crown — especially in the eyes of big finance. In their latest blog (May 8), Sygnum pointed out the elephant in the room: Solana’s boom is riding on memecoin hype. That’s cool for CT degenerates, but not exactly bank-grade stable.

According to Sygnum, institutional money isn’t vibing with short-term pumps. They’re looking for security, stability, and long-term vision — three things Ethereum already flexes hard in DeFi, tokenization, and stablecoins. And yeah, even though Solana’s fee volume is spiking, most of it goes to validators, not into boosting SOL’s value.

While Solana’s DeFi game is growing, It says it still needs serious structure to get TradFi’s trust. Especially after the community voted against lowering inflation — wild move if you’re trying to boost token value.

TL;DR: Solana’s cool, but Ethereum’s the grown-up in the room. Sygnum isn’t buying the hype — yet.

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Solana Set to Explode 200%? SEC Pilot & Solaxy Layer-2 Fuel $1,000 Price Predictions

Solana is back in the spotlight—and for good reason. A bold new SEC pilot proposal could bring U.S. stocks on-chain, and guess what blockchain’s leading the pack? Yup, Solana.

The 18-month test program—submitted by the Solana Foundation, DeFi platform Orca, and asset manager Superstate—aims to tokenize equities and deliver instant trade settlement. That’s a massive W for the platform in the world of real-world asset (RWA) tokenization.

The market’s already eyeing big moves. Sol has been grinding just under its $160 resistance, but if this pilot gets the green light? That cup-and-handle pattern on the weekly chart could break hard. First stop: $190. Then? We’re talking a potential rocket ride to $350 or even $1,000.

And there’s more—Sol’s biggest weakness (scalability) might finally get patched.

Enter Solaxy ($SOLX): Solana’s first-ever Layer-2. It processes transactions off-chain, reduces congestion, and brings cheap gas back into the chat. With over $32.5M raised in presale, it’s already drawing huge hype—and fresh liquidity into the platform’s ecosystem.

Technical indicators are also vibing bullish. The MACD is on the verge of a golden cross, and RSI’s inching toward the 50 line—classic signs of a breakout brewing.

If Solana nails this moment with Project Open and Solaxy delivers, we might just be witnessing the beginning of a legendary altcoin run.

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$500M SOL Power Move: Strategies Flips the Game With Staking-Fueled Financing Win

SOL Strategies Just Dropped a $500M Flex — And It’s Staked Up AF

Big brain crypto moves alert

SOL Strategies just inked a next-level deal — a $500 million convertible note facility with ATW Partners (yeah, that NYC finance squad). And the twist? All that cash is going straight into buying and staking its tokens. No fluff. Just pure validator energy.

Here’s the kicker: instead of paying back with boring ol’ interest, the notes pay out in its tokens, capped at 85% of the staking rewards. It’s like getting paid with your own money… that’s making more money. Loop vibes? Definitely.

First $20M tranche closes ~May 1. That’s the warm-up.

Leah Wald, CEO of its Strategies, called it:

“It’s not just big—it’s scalable and self-sustaining.”

Translation: free cash flow from day one, and the company just leveled up its validator empire to institutional status.

Validator Takeover Mode Activated

Strategies ain’t playing small. In March, they:

Acquired Laine, the respected Solana validator
Scooped up Stakewiz.com, a go-to for validator analytics
Jumped to 3.35M tokens staked (worth ~$388M)
Pulled in Michael Hubbard, Laine’s founder, as their new Chief Strategy Officer

And then there’s the collab that broke crypto Twitter:
PENGU Validator x Pudgy Penguins 🐧

Yes, the NFT-to-toy megabrand is now riding Solana validator waves with their Strategies. Yields range from 7% to 11%, and you can access it via Phantom. Too easy.

Governance & Long-Term Vision

SOL Strategies also voted for SIMD-228 (Solana’s inflation reduction plan from 4.5% ➡️ 0.87%). It didn’t pass, but it shows they’re serious about a deflationary, sustainable future.

Unlike GameStop and MicroStrategy, who stack Bitcoin like dragon gold, its Strategies actively uses capital to earn yield. It’s treasury strategy 2.0.

Bottom line?

SOL Strategies isn’t just stacking. They’re staking, scaling, and straight-up setting the tone for institutional adoption.

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$237,500 SOL ETF Purchase by ARK Invest Could Be Its Key to 30% Growth

Big move alert! Cathie Wood and her crew at ARK Invest just dropped their first-ever bag on Solana — and they didn’t even go the risky route. Instead, they bought shares of the 3iQ Solana Staking ETF, a Canada-listed crypto fund that also gives staking rewards. Yep, passive income + exposure = win-win.

This is the first time ARK has touched anything outside of Bitcoin and Ethereum — and it’s got people talking. Both ARKW and ARKF funds scooped up 237,500 shares of SOLQ each. So yeah, they’re not just testing the waters; they’re diving in headfirst.

Canada beat the U.S. to the punch (again ) by approving these crypto ETFs — including ones from Purpose, Evolve, and CI — while the U.S. is still playing the waiting game with a spot ETF.

Why SOL Though?

Cathie’s been saying it for a while: Solana is like “a faster, cheaper Ethereum.” And she’s putting her money where her mouth is. Dev activity on it is up 40% in the past year, which means people are actually building on it. Plus, the whole staking angle? That’s passive gains for institutional investors — no wallets, no keys, just vibes and yield.

Plot Twist: ETH ETF Plans Canceled

While ARK was hyped on Ethereum last year, they just recently backed off from pushing a spot ETH ETF. Instead, they’re sliding into its lane, betting that new-gen chains like SOL might be the real future.

Even though its price hasn’t skyrocketed post-news, it’s already up nearly 30% over the past two weeks — mostly thanks to broader market energy and network upgrades.

Will the U.S. Follow?

Still no green light on a the ETF in the U.S., but this ARK move could push regulators to finally act. For now, Canada’s ETFs like SOLQ are where the institutions are setting up base.

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SOL Overtakes USDC, Market Eyes $130 as Rally Continues

Solana has leapfrogged USDC to claim the #6 spot on CoinMarketCap, now boasting a $64.26 billion market cap. This comes after a volatile “Black Monday” that shook the crypto space, but it has bounced back fast, rising 6.91% in the past 24 hours to $124.55.

Solana Beats USDC, Hits $64 Billion Market Cap

Just days ago, it hovered around $60B in value. Now, it’s testing the $125 resistance level after finding strong support between $100 and $105. Prediction markets like Polymarket hint it could climb to $130 or even $150 soon.

Meanwhile, USDC slips to #7 with a $60.06B market cap, down 0.11%. Its price remains steady at $0.9998, but trading volume has dipped nearly 28%.

Crypto markets are rebounding overall, with total market cap up 2.88% to $2.66T. Bitcoin has cleared $83K, and Ethereum is steady above $1,500, following Trump’s tariff pause announcement.

Solana is gaining traction thanks to its blazing-fast transactions and growing app ecosystem. With momentum building, Solana is definitely one to watch.

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