Bitcoin Soars Towards Two-Year Highs & Solana Airdrop Season Kicks Off

The team discusses why Bitcoin surpassed and is staying above 40k. They also discuss banks and their continued experimentation with crypto while Airdrop season on Solana is starting to heat up.

Key Takeaways 

• BTC surged above $44,000, its highest level in nearly 20 months.
• Catalysts include: Upcoming ETF denial or approval, diminishing supply on exchanges and a general consensus of BTC being accepted as a separate asset class.
• More major banks (Societe Generale and Nubank) announced further pushes into crypto, while the CEO of JPMorgan expressed his negative view of crypto once again.
• Airdrop season is kicking off, particularly in the Solana ecosystem after last week saw Jito (JTO) become one of the largest airdrops to date.