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Crypto

Grayscale lists Avalanche staking ETF on Nasdaq

Grayscale has listed its Avalanche staking exchange-traded fund, GAVA, on Nasdaq, The Block reported on March 12. The fund is designed to hold Avalanche’s native token, AVAX, and generate rewards through staking. Grayscale said GAVA complements its lineup of more than 40 digital asset products and offers investors exposure to a major smart contract platform. Grayscale had about $35 billion in assets under management at end-2025.

Crypto

Pump.fun tops $1 billion in cumulative revenue, first in Solana ecosystem

Meme coin platform Pump.fun has become the first project on the Solana blockchain to surpass $1 billion in cumulative revenue, The Block reported. DefiLlama data show $321.3 million in 2024, $664.0 million in 2025 and $98.3 million in 2026, totaling $1.08 billion. Pump.fun is conducting PUMP token buybacks, including $1.25 million on March 11, but the token trades below its ICO price and record high.

Industry

SD card prices surge as much as 300 percent as memory crunch bites

Prices for SD and microSD cards, long seen as cheap and stable storage, are surging in 2026 as AI expansion boosts memory demand, an analysis says. TechRadar links the increases to a global memory crunch driven by production line changes, strategic output cuts and higher component costs. With chipmakers focusing on higher-margin AI memory, SD-card memory output has fallen. Analysts expect pressure to last into mid-2026 or longer.