Bitcoin

Kyle Samani Champions Solana for New Crypto Treasury Ventures

Published

1 month ago

October 10, 2025

Kyle Samani, co-founder and managing partner of Multicoin Capital, has emerged as a vocal advocate for Solana, declaring it “always the answer” for innovative treasury management in the cryptocurrency space. His endorsement highlights Solana’s unique strengths—blazing-fast transaction speeds and remarkably low costs—positioning it as a top contender for businesses and projects seeking efficient blockchain solutions.

Solana’s Technical Edge

Solana’s architecture, known for its high throughput and scalability, processes thousands of transactions per second at a fraction of the cost of competitors like Ethereum. This efficiency makes it an ideal choice for treasury management, where speed and cost-effectiveness are critical for handling large-scale financial operations. Samani emphasized these advantages in a recent statement, noting that Solana’s infrastructure enables seamless integration for decentralized finance (DeFi) protocols and non-fungible token (NFT) ecosystems, two sectors poised for explosive growth.

Market Impact and Investor Confidence

Samani’s backing has bolstered Solana’s profile, particularly in the U.S., where institutional interest in crypto continues to rise. As of October 9, 2025, Solana’s native token, SOL, is trading at $227.30, reflecting strong 24-hour gains and signaling robust market confidence. Investors are increasingly eyeing Solana for its potential to drive innovation in DeFi and NFT markets globally, with its ecosystem expanding rapidly to accommodate new ventures.

Global Expansion and Future Prospects

Solana’s appeal extends beyond the U.S., as developers and enterprises worldwide leverage its capabilities to build scalable, cost-efficient applications. From decentralized exchanges to NFT marketplaces, Solana’s infrastructure supports a wide range of use cases, making it a go-to platform for crypto treasury ventures. Samani’s endorsement underscores the blockchain’s readiness to meet the demands of a rapidly evolving digital economy, positioning Solana as a cornerstone for future financial innovation.

As the crypto market continues to mature, Solana’s combination of speed, affordability, and scalability—championed by industry leaders like Samani—sets the stage for its continued ascent in the global blockchain landscape.

Disclaimer

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Bitcoin

Philippines Solidifies Status as Asia’s Leading Crypto Powerhouse

Published

3 minutes ago

November 18, 2025

Coin Reporter Correspondent

The Philippines has quietly become the most crypto-native nation in Asia.

While Singapore and Hong Kong compete for institutional headlines, and Thailand courts blockchain tourists, the Philippines has built the deepest grassroots adoption on the continent, with over 18 million active crypto users in a population of 115 million, a penetration rate that now surpasses even South Korea.

Real-World Use Cases Drive Mass Adoption

Two engines power the surge:

Remittances
Overseas Filipino Workers (OFWs) sent home nearly $40 billion in 2024. An increasing share now arrives instantly and at near-zero cost via stablecoins on platforms like PDAX, Coins.ph, and global players such as Binance and Maya. GCash, the country’s super-app with 90 million registered users, began rolling out direct crypto top-up and cash-out features nationwide in Q3 2025.
Play-to-Earn & Gaming Economies
The Axie Infinity boom of 2021 was only the beginning. Today, thousands of local and foreign-developed web3 games continue to pay out millions of dollars monthly to Filipino players. Entire communities in provinces like Cavite and Cebu have built sustainable income streams from gaming guilds and scholarship programs.

Institutions Follow the People

Traditional finance is no longer watching from the sidelines:

UnionBank became the first universal bank in Southeast Asia to offer direct crypto trading and custody to retail clients through its app
BPI and Metrobank now allow instant fiat on-ramps to licensed exchanges
The Bangko Sentral ng Pilipinas (BSP) has issued 18 Virtual Asset Service Provider (VASP) licences, more than any other ASEAN country, while maintaining one of the most pragmatic regulatory frameworks in the region

BSP Governor Eli Remolona Jr. stated earlier this year: “We regulate to protect, not to block. Crypto is already part of the Filipino financial reality.”

A Blueprint for Emerging Markets

The Philippines model, high retail adoption first, followed by progressive regulation and rapid institutional integration, is now being studied by regulators in Indonesia, Vietnam, and Nigeria.

Local exchanges report that average user holdings have matured from speculative altcoins to stablecoins and Bitcoin, with monthly trading volumes regularly exceeding $4 billion across licensed platforms.

Industry leaders point to one statistic as proof of irreversible momentum: over 40% of GCash users have now transacted with crypto features at least once, a level of mainstream penetration that most developed markets can only dream of.

From remittance corridors to rural gaming guilds, the Philippines didn’t wait for permission to embrace digital assets. Instead, it forced the system to adapt, and in doing so has built what many now call the most vibrant, organic crypto economy in Asia.

The message to the rest of Southeast Asia is clear: when adoption leads, everything else follows.

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