the latest crypto news updates for April 23, 2025:

Market Highlights

- *Solana Treasury Expansion*: DeFi Development Corp has added 88,164 SOL tokens to its corporate treasury, valued at $11.5 million, bringing its total Solana holdings to $34.4 million. This strategic move reflects a pivot toward Solana infrastructure following a recent acquisition involving Kraken leadership.

- *New SEC Chair*: Paul Atkins has been sworn in as the new Chair of the U.S. Securities and Exchange Commission, succeeding Gary Gensler. His appointment is expected to bring a more industry-aligned perspective to crypto regulation.

- *Bitcoin Price Rally*: Bitcoin climbed 5.5% to close at $92,788, with an intraday high of $93,723 and a low of $87,938, signaling strength ahead of expected ETF inflows.

Regulatory Updates

- *Lawsuit Against XRP*: The Attorney General of Oregon has filed a lawsuit asserting that XRP should be classified as unregistered securities, adding to the regulatory uncertainty surrounding the cryptocurrency.

Market Performance

- *Ethereum and Dogecoin Gains*: Ethereum surged by 13.5% to $1,786.5, while Dogecoin jumped 13.1% to reach $0.1806, driven by renewed social sentiment $ETH