The Block

Volume on Solana exceeded $3.79 billion on Friday. Total fees on Solana are also at new all-time highs. Jupiter did more volume in the past 24 hours than Uniswap V3 (Ethereum).

Quick Take Charlotte Fang, a.k.a. Krishna Okhandiar, the head of the Remilia Corporation behind the popular Milady NFT collection, is reportedly claiming to have been hacked after millions of dollars worth of ether and NFTs were transferred to a new wallet. The wallet appears to be selling the NFTs and swapping tokens in order to accumulate ETH.

Ether.fi, the largest liquid restaking protocol on Ethereum, has announced its governance token, ETHFI, and details of its airdrop beginning March 18. Ether.fi also announced that the initial planned allocation would change following community feedback centered around TRON founder Justin Sun’s large allocation of tokens.

Quick Take Mechanism Capital co-founder Andrew Kang purchased the original Pepe NFT for an undisclosed sum. The NFT was last sold for $3.5 million in October 2021.

While the crypto markets have seen a bit of a pullback, solana’s price has just kept rallying.

Coinbase UK CEO Daniel Seifert said that the pending launch of crypto ETNs in the UK is a good step forward.He touted the emergence of bitcoin ETFs in the U.S. as a monumental milestone.

Quick Take Starbucks is ending its NFT program. Starbucks Odyssey Beta will close on March 31.

Quick Take Former FTX CEO Sam Bankman-Fried, who is set to be sentenced on March 28, should be in prison for 40 to 50 years, according to a memo signed by U.S. Attorney Damian Williams

The likelihood of approval for an ether spot ETF by the end of May has decreased to 28% on the Polymarket predictions platform.

Quick Take Microstrategy expects to take in more than half a billion dollars in proceeds from its debt sale, its second such sale in March.