Crypto Markets Surge Over Holiday Weekend as SOL Jumps 10%

Crypto markets surged over the holiday weekend, with SOL leading the charge and jumping 10% to $82. Bitcoin and Ethereum also saw gains, rising by 5% each to $61.3k and $1,650 respectively.

Meanwhile, Robinhood launched its public mainnet for Robinhood Chain, an AI-native Ethereum layer-2 that supports trading by AI agents directly on-chain.

The centerpiece of the launch is tokenized stocks, on-chain versions of shares in companies like Nvidia and Apple. Users can drop these tokenized shares into lending pools and use them as collateral in DeFi, making it possible to turn a stock position into composable on-chain capital.

Venice AI, an AI platform focused on privacy, raised $65 million at a $1 billion valuation in its first outside funding round. The company plans to use the funds to build its own data centers and cut its reliance on leased compute.