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A Solana ( SOL )-based decentralized wireless network crypto project is skyrocketing after the U.S. Securities and Exchange Commission (SEC) dismissed its lawsuit against the protocol. In a new thread on the social media platform X, the development team behind Helium ( HNT ) says that the regulatory agency has dropped its lawsuit against the crypto platform, which alleged that they violated securities laws. According to a press release, Helium developer Nova Labs agreed to pay the SEC $200,000 to settle the accusation without admitting to any wrongdoing. News of the dismissal caused HNT to rally as it went from a low of $2.62 on April 10th to a peak of $3.03 just a day later. It has since retraced and is trading for $2.96, a 9.9% increase during the last 24 hours. The SEC, which originally filed the lawsuit in January, had accused Nova Labs of distributing unregistered securities. “The SEC has agreed to dismiss its unregistered securities claims with prejudice. Helium Hotspots and the distribution of HNT, MOBILE, and IOT through the Helium Network are not securities. It also means that the SEC cannot bring these charges against Helium again.” In a recent blog post , Helium says the dismissal of the case is a “landmark outcome” for the digital assets industry and DePIN (Decentralized Physical Infrastructure Networks) technology, which tokenizes real-world infrastructure. “This landmark outcome is a pivotal turning point for the Helium community and the entire crypto industry, removing legal uncertainty for DePIN projects that use crypto incentives to build real-world infrastructure. With the dismissal of the SEC’s unregistered securities claims with prejudice, the outcome establishes that selling hardware and distributing tokens for network growth does not automatically make them securities in the eyes of the SEC.” This marks another lawsuit dropped by the SEC against crypto giants this year after President Donald Trump took office. Other dissolved cases include ones against the crypto exchanges Kraken and Coinbase , retail trading giant Robinhood , non-fungible token (NFT) marketplace OpenSea , and crypto wallet developer MetaMask . Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Helium (HNT) Jumps After SEC Dismisses Lawsuit Against Team Behind the Decentralized Wireless Network appeared first on The Daily Hodl .
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Smart Money Moves: AI, Meme Coins, and Stablecoins Lead Accumulation Surge
It’s a whirlwind 24 hours for cryptocurrencies , and the smart money is on the move. If you’re not up to speed, the smart money refers to the wallets of the investors with a track record of making significant, strategic investments in the space. And when we say they’ve been moving, we mean they’ve been making some serious transactions. Thus, if you’re looking to follow the trend or the narrative of what’s happening in the market right now, the recent actions of these wallop-holding individuals are certainly worth your time. Here’s a rundown on the what’s and why’s of the most recent top accumulators in the cryptocurrency space. The Top Accumulations: Smart Money Backing AI, Meme Tokens, and DeFi In the past 24 hours, three primary categories have really stood out to the smart money wallets. These are: 1. AI and blockchain integration 2. Meme tokens, community-driven tokens 3. Stablecoins 1. AI & Blockchain Integration: The $REI Surge Artificial intelligence and blockchain technology continue to emerge as a couple of the most transformative forces in the crypto space, and some investors are taking the bet on these technologies integrating seamlessly. One of the standout tokens making waves is $REI, a project that merges AI with blockchain capabilities to create an efficient and decentralized ecosystem. In the last 24 hours, three smart money wallets have accumulated over $146,000 in $REI, making the token’s market cap $39 million. High-volume traders and early-stage DeFi participants are paying $REI much more attention these days. Why? Because it’s innovative and just might be a game-changer. $REI combines a lot of what’s in vogue right now (blockchain, DeFi, and AI) to deliver something that’s still quite unusual in the crypto space. And as $REI crypto influencer @AgentMoonDog says, it’s definitely a project to watch. The project attracts because it undertakes to develop even more intelligent decentralized systems. These systems might well create new opportunities in the next big leaps for automated trading, the smooth execution of smart contracts, and other yet-to-be-invented applications. Among the core team are blockchain and AI experts. They believe that by harnessing AI, they can elevate a blockchain network from decentralized to truly intelligent. 2. Meme & Community Tokens: Fartcoin’s Rise In the cryptocurrency ecosystem, meme tokens have become a standard fare and are often driven by a community’s engagement, social media trends, and viral moments. One token leading the charge in this category is $Fartcoin, a meme-inspired asset that has sparked considerable community interest and liquidity. In the last day, three smart money wallets have picked up more than $237,000 in $Fartcoin, which now has a market cap of $942 million. This isn’t anything close to small for a meme coin and shows the sentiment among institutional investors is changing when it comes to the meme coin sector. As crypto influencer @AltcoinSherpa points out, this is a game where you can go in and out. And there’s potential for a price surge, with predictions of $Fartcoin hitting anywhere between $1.25 to $1.50 in the near future. The cause of this accumulation is obvious: $Fartcoin is not just a meme but also a token supported by a community that enjoys substantial liquidity. This makes $Fartcoin a genuinely viable investment for the short to medium term. At least that’s what the dollar signs in the liquidity pool seem to be suggesting. The community support and the sizable trading volume make $Fartcoin one of the more viable meme coins in the marketplace. If it continues to garner the interest of retail and even institutional investors, its ascent seems bound to continue—particularly as the market shifts sentiment toward community-driven projects. 3. Stablecoins & DeFi: The Stability of $USR Although meme coins and AI-driven tokens have basked in the limelight recently, stablecoins and DeFi projects continue to hold their ground, with offerings that are both reliable and growth-oriented in a highly volatile market. $USR (Resolv USD), a stablecoin that has integrated well with DeFi protocols, is the outstanding performer in this category. A smart money wallet in the last 24 hours has accumulated $19,000 worth of $USR, and now it’s just kind of chilling with $USR in a total net worth of $381 million ups. And by the way, if you haven’t checked out $USR in a while, now might be a good time because the decentralized finance (DeFi) space seems to be tripping over itself to sort out some sort of liquidity provisioning or collateralization deal with $USR. The most recent decentralized exchange (DEX) to announce a deal was Curve Finance, and guess what? Curve is a DEX that already sits in the top 5 of the DeFi space. Crypto analyst @curve_watcher tweeted about the Curve/$USR integration, saying that it will surely be increasing the token’s visibility and probably even its adoption among DeFi protocols. Smart money wallets accumulations in the last 24 hours Main specific narratives accumulated: AI & Blockchain Integration (13 wallets) MEME & Community Tokens (10 wallets) Stablecoins & DeFi (3 wallets) Top accumulations and reasoning: $REI (Unit 00 – Rei) -> A… pic.twitter.com/uRPD4ZVPGb — CoinSense.app (@CoinSense_App) April 12, 2025 Stablecoins such as $USR are vitally important in the overall crypto ecosystem because they maintain a stable store of value even when the rest of the market is not so stable. They have seen consistent growth and serve a very useful purpose in decentralized finance (DeFi) platforms. This puts them in a very good place indeed for being young smart money investment opportunities because they are safer by a long shot than anything else in the crypto world right now while still maintaining a pretty high upside. Smart Money’s Strategic Focus To sum up, in the past 24 hours, smart money has moved into three main areas: AI and blockchain integration, meme tokens, and stablecoins. The buying and accumulation of $REI, $Fartcoin, and $USR signals the growing confidence in the intersection of these sectors with decentralized finance (DeFi). Investors aren’t just angling for short-term gains in these unfolding narratives. They’re also putting their money into projects with potential long-term value. Promising to power the next wave of blockchain innovation, AI is being brought into many crypto projects. Our story on that trend looks at how and why some Wall Street firms are betting big on AI’s crypto future, and what that means for the types of crypto projects they might fund. Watch the clips closely to see what moves these influential investors make next. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! The Daily Hodl
Bitcoin Faces Significant Decline as Market Reactions Intensify
Bitcoin has dropped significantly amidst tariff announcements affecting China. Market volatility has led to substantial losses for major cryptocurrencies. Continue Reading: Bitcoin Faces Significant Decline as Market Reactions Intensify The post Bitcoin Faces Significant Decline as Market Reactions Intensify appeared first on COINTURK NEWS . The Daily Hodl
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$100 Bet in April: BTC, ETH, and XRP Still Worth It?
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