Solana meme coin MAGA jumps more than 100x in 48 hours; Amazon lines up up to $25B more for Anthropic

Author: ChainThink Key takeaways (last 24 hours) - Solana-based meme token MAGA (Make Aliens Great Again) surged more than 100x in two days. - Trump said the U.S. will extend the ceasefire with Iran and delay a planned strike, asking Iran to put forward a unified negotiating plan. - Arbitrum's Security Council moved 30,766 ETH linked to the KelpDAO exploit into a frozen wallet. - SpaceX filings show Starlink generated $4.42 billion in revenue and SpaceX cash reserves topped $22.8 billion. - Amazon said it may invest up to $25 billion more in Anthropic; Anthropic committed to spend more than $100 billion on AWS over the next decade. I. Market Solana meme token MAGA (Make Aliens Great Again) posted a sharp rally over the past two days. GMGN data shows MAGA briefly exceeded a $25 million market cap today before pulling back, marking a new all-time high. It is currently valued at about $19.3 million, up 186% over the past 24 hours on roughly $8.1 million in trading volume. The token's market cap was around $1.8 million earlier today before accelerating. The move has been tied to a recent narrative boost after former President Trump said on April 17 that he intended to release government files related to UFOs, UAPs and possible extraterrestrial life, helping MAGA rise from below $50,000 in market cap. II. Geopolitics Trump said on the 21st that, at Pakistan's request, the U.S. will postpone a military strike on Iran and extend the ceasefire, requiring Iran to first propose a unified plan for negotiations. Iran said it will not travel to Islamabad for the next round of U.S.-Iran talks, arguing U.S. demands violate its "absolute rights" and that negotiations have made no substantive progress. Iran's military added it is at "100 percent" combat readiness and would strike designated targets immediately if attacked. III. AI Amazon said it plans to invest up to an additional $25 billion in Anthropic, the company behind Claude. The package includes $5 billion available immediately and another $20 billion to be deployed in tranches tied to business milestones. Amazon had previously invested $8 billion; if fully deployed, total investment would reach $33 billion. Anthropic, in turn, committed to spend more than $100 billion on Amazon Web Services (AWS) over the next decade. It plans to deploy about 1 gigawatt of compute by year-end using Trainium2 and Trainium3 chips, with a long-term goal of 5 gigawatts. Amazon shares rose about 2.7% in after-hours trading following the announcement. Earlier this year, Amazon also announced up to $50 billion of investment in OpenAI, underscoring a strategy of backing multiple leading AI developers while reinforcing its cloud infrastructure position. Separately, CNBC reported that Trump said Anthropic's models have the "potential" to be approved for use within the U.S. Department of Defense. He said the Anthropic team visited the White House several days ago and described the meeting as "very good," adding the technology could play a significant role. IV. Industry SEC Chair Paul Atkins said the agency is advancing reforms to its digital-asset regulatory framework under an "ACT" strategy: modernizing regulation, clarifying regulatory boundaries and reshaping the rulemaking system. On crypto, the SEC has issued a token classification framework that divides digital assets into five categories, four of which it says are not securities. Atkins also said the SEC will soon propose an "innovation exemption" mechanism, creating a limited pathway for market participants to conduct compliant, on-chain trading of tokenized securities. The agency has launched Project Crypto to adapt securities rules to capital markets increasingly moving on-chain. The SEC also signed an MOU with the CFTC last month to align key definitions, clarify jurisdictional lines and coordinate oversight on shared issues including digital assets. Atkins said prior U.S. approaches to crypto regulation had pushed innovation overseas. SpaceX filings cited by Reuters show Starlink generated $4.42 billion in operating revenue last year, up from $2 billion in 2024 and $469 million in 2023. The documents also state that Elon Musk and a small group of insiders will retain voting control after an IPO through a dual-class structure. SpaceX cash holdings rose from about $11.4 billion at the end of 2024 to more than $22.8 billion; as of end-2025, total assets were about $92 billion, total liabilities about $50.8 billion, and cash and cash equivalents on the balance sheet were $24.8 billion. The xAI business reported an operating loss that widened to $6.4 billion last year. Strategy CEO Phong Le said on X that the firm's perpetual preferred stock STRC has bought roughly 10 times more Bitcoin than all Bitcoin ETFs combined since the start of 2026, pointing to accelerating corporate adoption. Arbitrum's Security Council said it executed an emergency action to secure 30,766 ETH held at an Arbitrum One address linked to the KelpDAO vulnerability. With law enforcement assistance, the council said it identified the attacker and implemented a technical method to move the funds to a secure location without affecting other chain states, Arbitrum users or applications. As of 11:26 PM Eastern Time on April 20, the funds had been transferred to an intermediate frozen wallet. The original address is now inaccessible, and only Arbitrum governance can authorize any further movement of the funds in coordination with relevant parties.