The crypto market saw a massive surge this week, with Bitcoin’s market capitalization surpassing that of Amazon to become the world’s sixth-largest asset. This landmark achievement pushed the total cryptocurrency market cap to an all-time high of $4.1 trillion. The increase in Bitcoin’s value was fueled by investor confidence and bullish sentiment towards blockchain technology as a store of value. The success signifies growing mainstream recognition of crypto assets and their potential for long-term growth. Meanwhile, Solana’s meme token launch platform BAGS has seen unprecedented revenue growth. Its performance, surpassing letsBonk.fun in weekly revenue, highlights the surge in interest for community-driven and high-volatility crypto assets in the Solana ecosystem. In another significant development, LayerZero Foundation announced a strategic acquisition of cross-chain bridge Stargate and its governance token STG worth $110 million. This move aims to integrate the technology into their platform, boosting interoperability between various chains while streamlining user experiences. Despite potential short-term adjustments for STG holders, this deal strengthens LayerZero’s position in the rapidly evolving multi-chain landscape. The acquisition further positions them as a key player driving innovation within the crypto ecosystem.