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Solana Foundation sparks backlash with controversial ad comparing pronouns to DeFi

Matt Sorg of Solana defends against backlash, highlighting limited internal involvement in controversial video production.

CryptoSlate

Mar 18

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Happy Tuesday!

From divisive debates to ambitious expansions, today’s crypto headlines are buzzing with controversy and innovation. The Solana Foundation faces backlash over a politically charged ad comparing pronouns to DeFi, while Ripple trademarks "Ripple Custody" to bolster its digital asset services. Meanwhile, Hashdex shakes up the ETF space by adding seven altcoins, including SOL and XRP, and Standard Chartered revises Ethereum’s 2025 projection to $4,000, warning of value losses from Layer 2 networks. Stay tuned for the latest developments shaping the crypto landscape!

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The global crypto market cap is $2.68 trillion, with a 24-hour volume of $72.8 billion. The price of Bitcoin is $81,759.37, and BTC market dominance is 60.6%. The price of Ethereum is $1,883.18, and ETH market dominance is 8.5%. The best-performing sector is Jobs, which gained 12%. The Crypto Fear & Greed Index is currently Extreme Fear (34).