Blockchain’s artificial intelligence drives gambling to determine the fate of investors

Nasdaq's crypto-related stock trends are extremely differentiated: QMMM Holdings' shares soared 1,737% after announcing the launch of a blockchain-AI integration platform and cryptocurrency vault focused on Bitcoin, Ethereum and Solana, while Sol Strategies plummeted 42% on its first day of listing despite focusing on Solana staking. Currently, 13 listed companies hold $1.8 billion in Solana, with Upexi Inc. and DeFi Development Corp. being the largest shareholders. BitMine Immersion Technologies shares surged 1,000%, with $9 billion in cryptocurrency reserves, attracting $4.5 million in investment from Ark Invest. Meanwhile, HashKey Group plans to set up a $1 billion multi-currency digital asset fund that aligns with Hong Kong's pro-cryptocurrency stance. Despite the growth, volatility remains, with Metaplanet down 37% and Strategy down 18%, highlighting the industry risks in the context of institutional adoption of cryptocurrencies.