Crypto Discussions on X Today: MANTRA Crash, Solana vs. Ethereum, and more

Here’s our recap of the most popular topics discussed on X today.

1. MANTRA’s Sudden Crash

Mantra’s OM token, which supports Mantra’s real-world asset (RWA) tokenization platform, is in the buzz after the coin erased nearly a year’s worth of gains in a matter of several hours on Monday.

This prompted the community to respond with criticism, mockery, and threats of legal action, with some claiming that it’s “now clear that those funds were funneled into the pockets of the Binance and OM teams in what looks like a well-orchestrated liquidity exit.”

Nonetheless, the project’s developers insist that Mantra is still fundamentally strong. Addressing the situation in their post on X, they noted “that today’s activity was triggered by reckless liquidations, not anything to do with the project. One thing we want to be clear on: this was not our team.”

They also promised further updates while warning the community against clicking any other links or accounts pretending to be MANTRA. 

2. Solana Posts Big Gains

The SOL-to-ETH price ratio has soared to an all-time high, reaching 8.1% —a nearly 40% increase from 5.8% at the start of 2025.

The surge was followed by a bullish week for Solana, which saw a price increase of 10%. Meanwhile, Ethereum’s price dropped around 10% over the same period, with the ETH-to-BTC price ratio declining to 1.9%, marking its lowest level since early 2020.

Solana gains did not go unnoticed by the community, with some claiming that Ethereum’s days are numbered. In their post on X, DegenX added that ”Just as there is a growing loss of confidence in the USD, SOL is emerging as a dominant player. Look how SOL is outperforming ETH. Sure, it’s not going to happen soon, but this is the trend now.”

Ethereum has been going through a rough patch lately. Over one year, the coin lost almost half of its value, 44.62%, with Buterin recently promising to roll out a new privacy update to improve the situation.

3. Pompliano says Bitcoiners infiltrated the White House 

Founder and CEO of Professional Capital Management Anthony Pompliano has commented on recent developments in the White House.

Following the confirmation of the crypto-friendly Paul Atkins as the next Chairman of the U.S. Securities and Exchange Commission, Pompliano interviewed Bo Hines, Executive Director of the President’s Council of Advisers for Digital Assets, and they agreed that “Bitcoiners have infiltrated the White House.

In a subsequent post on X, he emphasized that Wall Street “is going all-in on Bitcoin, stablecoins, and tokenized securities,” while claiming that the largest financial organizations have teams working on digitizing various parts of their technology and the assets they touch daily. 

“Some of it will work, some of it won't,” he said.

4. Metaplanet Turns into Asia’s Largest Corporate Holder of Bitcoin

​Tokyo-listed Bitcoin treasury firm Metaplanet has reported a 108.3% BTC yield year-to-date in 2025.

In an April 14 post on X, CEO Simon Gerovich confirmed that the company now holds 4,525 BTC worth approximately $386.3 million. The average purchase price is $85,366 per coin.

According to Bitcoin Treasuries, Metaplanet is now Asia’s largest corporate holder of Bitcoin. The only company that surpasses it globally is U.S.-based Strategy, which holds 532,644 BTC valued at $45 billion. It may, however, sell some of its Bitcoin if it fails to secure more investor funds.

5. Bitcoin Challenges Traditional Payment Networks

Bitcoin continues to challenge traditional payment methods. On April 2, it was reported that Bitcoin processed more than $5.5 trillion worth of transactions in Q1 of 2025.  

Now, crypto commentator Lucky revealed that the Bitcoin transaction volume almost matches Visa, Mastercard & PayPal combined.

The news generated a lot of positive feedback from the crypto-verse, with users writing, “Huge, Bitcoin is the major player in the world now” and “Bitcoin’s power is undeniable.”

In January 2025, Bitcoin blockchain transaction volume nearly matched Visa, surpassing PayPal, according to Visa data.

Read our previous recap here.