What’s Trending in Crypto Today? Solana Ad, FOMC Meeting & More

Follow along to discover 3 popular discussions on crypto Twitter/X today.

1. Beeple’s New Artwork Reflects Solana Ad Controversy  

Digital artist Beeple (Mike Winkelmann), known for reflecting on crypto events through his artworks, created a piece related to the recent controversy surrounding the Solana ad.

In the midst of the heated discussions, Beeple’s work “Solana Getting Torched” depicts protestors burning images of the Solana ad and holding signs criticizing the project.

But what happened? 

Solana posted an ad titled “America is Back – Time to Accelerate,” featuring a man discussing crypto and regulation in a therapy session. The topic of gender identity was unexpectedly introduced, and a line from the ad, “I want to invent technologies, not genders,” quickly became the subject of widespread criticism.

Many posts labeled the ad as cringe and toxic. Eventually, Solana removed the ad, but the discussions only intensified. Despite the backlash, some also voiced support for the project. Helius Labs CEO Mert Mumtaz (@0xMert_) pointed out that, despite the trolling, the Solana Foundation is known for taking risks, some of which may not always work out as expected. Beanie, meanwhile, said he liked the ad. 

Beeple's creative response to the situation was one of the most interesting, offering his personal perspective on the ongoing conversation.

2. Ted Pillows Suggests Crypto May Benefit from Upcoming US Fed Meeting

Binance and OKX partner Ted Pillows shared his thoughts on how the upcoming FOMC meeting on March 18, 2025, could impact the market.

Reflecting on the Fed’s previous meeting in December 2024, Pillows noted that a 25 basis point rate cut was made, causing market panic. Since then, Jerome Powell’s remarks suggest fewer rate cuts in 2025, signaling a cautious stance on inflation, which remains above the Fed’s 2% target.

Pillows remains optimistic about the Fed’s policy, arguing that slower cuts indicate an effort to delay a recession – better than abrupt measures that could trigger deeper economic trouble.

Analyzing the potential market impact, he states:

Inflation, though, is likely to stay elevated—and that’s not a bad thing for risk-on assets like stocks and crypto. In fact, it could mean opportunities ahead.

It remains to be seen whether the Fed’s decision will trigger another market sell-off like in December 2024 or if investors will stabilize as long as the Fed's stance remains predictable.

3. Blockchain Revenue Is not That Important, Says DCinvestor 

In a recent X post, DCinvestor criticized the focus on “blockchain revenue,” calling it a psyop (psychological operation). He argues that this narrative shifts public blockchains away from their core value of censorship resistance and toward a Silicon Valley-style business model that prioritizes profit over decentralization.

The discussion in the thread sparked a debate on whether blockchain revenue is necessary to incentivize validators. @parmaweve argued that people won’t participate in the network if it isn’t profitable, to which DCinvestor responded that revenue burning and token issuance mechanisms could serve the same purpose.

This debate once again raises the challenge of balancing decentralization, sustainability, and profits in blockchain, with various perspectives in play.