👀Justin Sun Piles $30M Into WLFI

GM Defiers!

Justin Sun allocated $30 million to World Liberty Financial’s token sale, bringing its total earnings to $52.3 million.

U.S. President-elect Donald Trump appears to be expanding his web3 footprint, with Trump Media and Technology Group filing a trademark application for a crypto payment processor.

Crypto exchange-traded products hosted record inflows of $3.13 billion.

Also, Starknet begins staking rollout, PumpFun ditches live-streaming as non-memecoin projects embrace the platform, fudthepug pivots to liquid staking, DeSci market cap crosses $1 billion, and Alchemy offers $10M grants program for Arbitrum Orbit developers.

✍️ In today’s newsletter:

Justin Sun accounts for 57% of WLFI buys
Trump-owned company eyes trademark for crypto payments
Record inflows to institutional crypto products
Phase 1 of Starknet staking kicks off
PumpFun halts livestreams to prevent harmful content
PumpFun attracts projects outside of memecoin ecosystem
Sui memecoin launches liquid staking token
DeSci projects exceed 10-figure capitalization
Alchemy promotes Arbitrum Orbit adoption

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💰Justin Sun Invests $30 Million In World Liberty Financial Token Sale

Justin Sun, the controversial founder of Tron, is now a major WLFI holder after investing $30 million into World Liberty Financial’s token sale. Sun’s investment accounts for 57% of the Trump-linked token’s sales so far and follows the project reducing its funding goal by 90%.

💱Trump’s Media Company Files Crypto Payments Trademark

Trump Media and Technology Group (TMTG), the company behind Donald Trump’s social media platform, filed a trademark application for a crypto payment processor dubbed TruthFi. The move signals that TMTG is expanding operations into the web3 sector, with the company rumored to be in talks to acquire Bakkt.

📈Crypto Assets Record All-time High Weekly Inflows

Cryptocurrency exchange-traded products hosted record inflows exceeding $3 billion last week. The milestone signposts unprecedented institutional demand for digital asset exposure.

🥩Starknet Becomes First Rollup To Deploy Native Staking

Starknet launched Phase 1 of STRK staking, making it the first Layer 2 rollup to launch native staking services. Users holding at least 20,000 STRK can now operate a validator, while tokenholders with smaller balances can delegate their assets.

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Honor VS Madness Unveils GrimGold: A New Era in Player-Driven Ownership

Honor VS Madness (HvM) is redefining NFT-based gaming with the launch of GrimGold (GG), its native token, now live following the Token Generation Event on November 12th. GrimGold brings actual ownership to players, allowing them to trade, stake, and influence the game's evolution through blockchain-backed assets. Dive into strategic gameplay with exclusive card packs, rare character skins, and player-owned pets that add value and customization to every move.

With deflationary burn mechanics, staking rewards, and voting rights, GrimGold is a stake in HvM's future. Join tournaments, earn unique in-game assets, and help shape the game's development. Explore how HvM is setting new standards for community-driven economies in digital gaming.

⚠️Pump.fun Halts Live Streams As Users Go to Dangerous Extremes to Launch Coins

PumpFun, the surging token launchpad on Solana, has shut down its live streaming feature after users began abusing the feature to broadcast threats of violence and self-harm in an erratic bid to promote their investments.

🤔Have Memecoins Come Full Circle?

PumpFun is enjoying increasing adoption from projects outside of the memecoin segment. The spate of tokens linked to AI agents showcases an increasing number of projects boasting technical roadmaps launching via the platform.

💡SUI Blockchain’s Largest Memecoin fudSUI Becomes a Liquid Staking Token

Fudthepug is the latest memecoin trying to rebrand itself as more than a meme, with the project launching the fudSUI liquid staking token.

⬆️DeSci Momentum Picks Up

The decentralized science sector is gaining traction following the recent success of Pump Science. The combined market cap of the segment tagged $1.2 billion for the first time this week.

💫Arbitrum and Alchemy Team Up On Grants Promoting Orbit Chain Development

Alchemy launched a $10 million grant program incentivizing developers leveraging the Arbitrum Orbit tech stack. Orbit is emerging as a preferred solution for developers launching Layer 3 appchains, with two of the top five Ethereum chains by throughput utilizing Orbit.

🌍 ELSEWHERE

Pump.fun Accounted for 62% of Solana DEX Transactions in November, So Far (Decrypt)
Ethereum Blob Usage Explodes as Traders Rush to Layer 2 Solutions (CoinDesk)
XRP Ledger update introduced after node outage shakes network stability (CryptoSlate)
Aave Is Using New Oracles by Chaos Labs to Automate Its Risk Management System (Unchained)