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This week, crypto crossed a political and institutional threshold. President Trump’s pardon of Binance founder CZ ended the “war on crypto,” while Coinbase moved to reshape token launches through its $375 million Echo acquisition and the revival of “UpOnly.” Meanwhile, Fidelity opened Solana trading, T. Rowe Price filed a crypto ETF, and Hong Kong approved the first spot Solana fund. Power is shifting — fast.

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