Coinbase(US:COIN) CHIEF SECURITIES·2025-05-15 02:45Market Developments - Coinbase will join the S&P 500 index on May 19, 2025, replacing Discover Financial Services[1] - Coinbase announced a $2.9 billion acquisition of Dubai-based cryptocurrency derivatives exchange Deribit, marking the largest acquisition in the cryptocurrency industry to date[1] - Bitcoin has rebounded above $100,000, nearing its historical high set in January[1] Cryptocurrency Performance - Bitcoin (BTC) is priced at $103,821.6, with a weekly increase of 7.01% and a market share of 36.06%[3] - Ethereum (ETH) is priced at $2,640.105, with a significant weekly increase of 45.31%[3] - Solana (SOL) has a price of $177.98, with a weekly increase of 20.62%[3] Solana's Growth Factors - Solana's hybrid consensus mechanism allows for over 60,000 transactions per second (TPS) at a cost of approximately $0.0015 per transaction, attracting developers and users[5] - Institutional interest in Solana is rising, with potential approval for a SOL spot ETF and recognition from firms like VanEck[5] - The total value locked (TVL) in Solana's DeFi ecosystem consistently ranks among the top three public chains, indicating strong developer community growth[6]