Quick Summary Bitcoin receives the largest allocation at 40% thanks to institutional adoption and proven market stability Ethereum captures 25% of the portfolio for its dominance in decentralized finance and smart contracts Solana claims 15% based on superior transaction throughput and expanding ecosystem Chainlink secures 10% for providing critical oracle services across blockchain networks Near Protocol takes 5% offering exposure to AI integration and Layer 1 innovation A cryptocurrency expert has detailed a strategic approach for distributing $1,000 across five digital assets plus a stablecoin buffer, designed to optimize both security and upside potential in today’s market environment.
Core Holdings: Bitcoin and Ethereum Anchor the Strategy [[LINK_START_1]]Bitcoin[[LINK_END_1]] commands the dominant position with a 40% allocation, representing $400 of the total investment. As the cryptocurrency sector’s flagship asset by market capitalization, it benefits from continuous institutional capital inflows via spot exchange-traded funds and corporate balance sheet acquisitions. Its established history and deep liquidity position it as the portfolio’s most reliable component.
Bitcoin (BTC) Price [[LINK_START_3]]Ethereum[[LINK_END_3]] claims the second-largest position at 25%, equating to $250. As the fundamental infrastructure supporting decentralized finance and the primary platform for asset tokenization, it remains the preferred choice for financial institutions experimenting with distributed ledger technology.
Combined, these two market leaders comprise 65% of the entire allocation. This substantial weighting acknowledges their relatively reduced volatility when measured against smaller market cap alternatives.
Solana captures 15% of the portfolio at $150. The network challenges Ethereum through superior processing speed and minimal transaction costs while establishing significant traction in decentralized finance, payment systems, and user-facing applications. Though it introduces elevated risk, it simultaneously offers greater appreciation potential should mainstream adoption accelerate.
Chainlink occupies 10% of the allocation at $100. Its decentralized oracle infrastructure serves as the critical bridge connecting blockchain networks with external data sources, proving indispensable for smart contract functionality and enterprise blockchain implementations. As the tokenization of tangible assets gains momentum, dependency on this data infrastructure layer may intensify.
Near Protocol completes the active holdings at 5%, representing $50. The project emphasizes artificial intelligence infrastructure alongside its Layer 1 blockchain capabilities. While it represents the portfolio’s most speculative and smallest position, it provides valuable exposure to the convergence of AI and cryptocurrency sectors.
Strategic Stablecoin Buffer Explained The remaining 5%, totaling $50, stays allocated in stablecoins. This isn’t merely a defensive position—it equips investors with immediate purchasing power during market corrections without requiring the liquidation of current holdings.
Cryptocurrency valuations can experience dramatic swings within compressed timeframes. Maintaining a modest cash-equivalent reserve delivers tactical flexibility when valuations decline.
Rationale Behind Multi-Asset Diversification No individual cryptocurrency can be certain to deliver superior returns. Distributing capital across five distinct assets with varying utilities and risk profiles helps contain potential losses if any single position underperforms.
[[LINK_START_4]]Bitcoin[[LINK_END_4]] and Ethereum establish the portfolio’s stable foundation. [[LINK_START_5]]Solana[[LINK_END_5]], Chainlink, and Near Protocol introduce enhanced appreciation opportunities accompanied by proportionally increased risk.
The allocation strategy mirrors present market dynamics. Institutional participation continues expanding, artificial intelligence is intersecting with blockchain technology, and infrastructure protocols are becoming increasingly fundamental to network operations.
This approach doesn’t pursue rapid speculation. Instead, it presents a methodical entry framework for investors with $1,000 seeking diversified cryptocurrency exposure while avoiding concentration in any single digital asset.
Solana has flashed a new bullish technical signal after its SuperTrend indicator flipped to a “buy.”
The signal suggests the broader trend may have shifted in favor of buyers. However, the rally still faces a major test. SOL must break through a key resistance zone before it can target higher levels around $100 and $127.
At press time, Solana is trading at $78, down 5.54% over the past week but still up an impressive 20% on the monthly chart.
SuperTrend Flips Bullish Above $78 Notably, the bullish signal appeared after Solana broke above $78 on June 30. That move triggered a buy signal from the SuperTrend indicator on the three-day chart, and Solana subsequently posted a 16% gain, reaching $83.98.
Solana Chart TradingView It is the first bullish flip since October 2025 and marks the end of a prolonged bearish trend. The previous SuperTrend sell signal came before a 74% decline in SOL’s price, making this reversal one that traders are watching closely.
The indicator now points to a broader bullish trend. If buying momentum continues, SOL could climb toward $100.
Solana Exchange Outflows and Network Growth Add Support On-chain data also supports the improving technical picture. Between June 24 and July 3, investors withdrew about 1.5 million SOL, worth roughly $120 million, from cryptocurrency exchanges.
The outflows suggest investors are moving tokens into self-custody instead of leaving them on exchanges for sale. That could reduce near-term selling pressure.
Meanwhile, Solana added around 1.6 million new addresses over the past three weeks. The increase points to growing network activity and steady user participation.
Together, the exchange outflows, rising address count, and bullish SuperTrend signal suggest market conditions are improving.
$79–$85 Remains the Key Resistance Zone Despite the stronger outlook, the $79–$85 range remains the biggest hurdle for bulls. According to UTXO Realized Price Distribution (URPD) data, around 105 million SOL changed hands within this range. That has created a dense supply zone where many holders may choose to sell once they break even.
A decisive move above $85 could clear this overhead resistance. It would also open the door to the next major target around $100, followed by $127.
If SOL fails to reclaim this zone, selling pressure could return as investors look to exit their positions.
A Drop Below $74 Would Weaken the Bullish Outlook Downside risks remain. If SOL falls below $74, the SuperTrend indicator could flip back to a sell signal, invalidating the current bullish setup.
In that scenario, the chances of a deeper correction would increase. URPD data shows the next major support level sits near $53 if sellers regain control.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Nico Williams is back on the training pitch with Spain’s national team ahead of the 2026 FIFA World Cup. And somewhere on the Solana blockchain, a token with his name on it is bracing for impact.
The Athletic Bilbao winger, alongside Barcelona’s Lamine Yamal, returned to full training at Spain’s base camp in Chattanooga, Tennessee around June 11-12. Both players had missed pre-tournament friendlies against Peru due to injuries, raising real questions about whether the reigning European champions would have their most dangerous attacking options available when the tournament kicks off.
The sports angle, briefly Spain enters this World Cup as the team that won Euro 2024, and Williams was a central figure in that triumph. Both players are now expected to feature in a limited capacity against Cape Verde. Coach Luis de la Fuente can breathe a little easier, though the “limited capacity” framing suggests neither player is at 100% yet.
Advertisement
Solana fan tokens enter the chat Two Solana-based fan tokens, $NICO and $YAMAL, exist in the wild. Both carry market capitalizations below $10,000 each. To put that in perspective, that’s roughly the cost of a used Honda Civic. These are not your Chiliz-powered, officially licensed fan tokens with club partnerships and governance features. These are speculative micro-cap assets riding on name recognition alone.
The key characteristic of both tokens is their extremely low liquidity. There aren’t many buyers or sellers at any given moment, which means even a small trade can send the price lurching in either direction. A few hundred dollars of buying pressure could double the price. The same amount of selling could crater it.
The return of Williams and Yamal to training is exactly the kind of real-world catalyst that can trigger outsized moves in tokens like these. Positive injury updates, starting lineup confirmations, even a strong warm-up clip on social media can become fuel for speculative trades.
The broader trend: athletes as tradeable assets The broader fan token market, led by platforms like Socios and powered by Chiliz, has been around for years. Major clubs including Barcelona, Paris Saint-Germain, and Juventus have official tokens that grant holders voting rights on minor club decisions and access to exclusive content.
The unofficial, memecoin-adjacent layer is a different animal entirely. These tokens typically launch on Solana or Base with zero affiliation to the athlete, no utility beyond speculation, and liquidity that could evaporate overnight.
What this means for investors Tokens like $NICO and $YAMAL are not investments in any traditional sense. With market caps below $10,000 and minimal liquidity, they’re closer to lottery tickets with expiration dates.
There’s also regulatory risk to consider. The US is hosting this World Cup, and US regulators have shown increasing interest in cracking down on tokens that blur the line between securities and speculative instruments. An unofficial token using a real athlete’s name and likeness without permission sits in legally murky territory.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Lamine Yamal just helped Spain knock Belgium out of the 2026 FIFA World Cup quarterfinals. Hundreds of millions of people watched it happen. And yet the Solana-based fan tokens bearing his name are trading at market caps under $10K, which is roughly the price of a decent used car.
The goal drought that doesn’t matter Yamal, still just 18, has faced mounting criticism during this World Cup for not finding the back of the net. His response after Spain’s July 10 victory over Belgium was characteristically unbothered.
“If we become World Cup champions, nobody will remember my goals.”
He pointed to Euro 2024 as evidence. He scored just one goal in that entire tournament. Spain won the whole thing.
Advertisement
Spain’s coach Luis de la Fuente has also noted that Yamal is still working his way back from a hamstring injury, which partly explains the reduced output.
Fan tokens tell a different story Despite Yamal being one of the most-watched athletes on the planet right now, the Solana-based fan tokens themed around him are essentially flatlined. Tokens like $YAMAL are trading at microcap levels, with market capitalizations sitting under $10K.
No major partnerships, integrations, or endorsement deals connecting Yamal to any blockchain project have surfaced during the tournament. The tokens that do exist appear to be community-created memecoins rather than officially sanctioned products, which explains a lot about their trading volume, or lack thereof.
This stands in contrast to the broader sports fan token market, where platforms like Chiliz and Socios have built meaningful engagement around club-level tokens for teams like Barcelona, Paris Saint-Germain, and Juventus.
What global events actually do for crypto During the 2022 World Cup in Qatar, several fan tokens saw brief spikes tied to match results, but the effect was temporary and concentrated around tokens with actual utility, like voting rights on team decisions. Unofficial player-themed tokens without utility or liquidity infrastructure tend to just sit there.
What investors should actually watch For anyone looking at sports-adjacent crypto plays during this World Cup, the key variables haven’t changed. Official partnerships matter more than name recognition. Liquidity matters more than social media buzz. And utility, even something as modest as polling rights, matters more than the fame of the athlete attached to the project.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
SK Hynix just pulled off one of the largest foreign company debuts on a US exchange, raising approximately $26.5 billion through its Nasdaq ADR listing on July 10. Shares were priced at $149 per ADR, and the stock promptly surged between 13% and 22% in early trading, pushing prices into the $170 to $181 range.
The offering was oversubscribed by roughly seven times, meaning for every share available, seven investors were waving their hands to buy one.
Why Wall Street is throwing money at a Korean chipmaker SK Hynix controls approximately 50% of the high-bandwidth memory market, the specialized chips that power AI accelerators. The company has a deep supply chain relationship with Nvidia, providing the memory components that make Nvidia’s AI GPUs actually work.
Advertisement
The decision to list ADRs in the US was strategic. South Korean market restrictions had previously made it difficult for American investors to gain direct exposure to SK Hynix shares. The Nasdaq listing removes that barrier entirely.
The crypto angle: tokenized SK Hynix shares go live on Solana Alongside the traditional Nasdaq listing, tokenized versions of SK Hynix shares, branded as xStocks, became available for trading on the Solana blockchain. These tokenized equities are accessible through platforms including Telegram Wallet, Backpack, and Ondo Finance.
Crypto users can now trade a representation of SK Hynix stock 24 hours a day, 7 days a week, without needing a brokerage account.
Broader market ripples: Bitcoin and risk appetite Bitcoin prices surged toward $64,000 amid a broader wave of risk appetite that was at least partially fueled by enthusiasm around AI hardware investments. Multiple altcoins posted double-digit gains during the same period.
For crypto investors specifically, the tokenized equity space is growing fast. The fact that a company raising $26.5 billion on Nasdaq simultaneously has tokenized shares trading on Solana signals that TradFi and DeFi infrastructure are converging. Ondo Finance, Backpack, and similar platforms are building the plumbing for a world where stocks and tokens trade on the same rails.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Lamine Yamal, the 18-year-old FC Barcelona winger who has become the face of Spain’s 2026 World Cup campaign, has made it clear he cares about one thing: lifting the trophy. With one goal scored and a team-first mentality that has helped Spain reach the semifinals unbeaten, Yamal’s on-pitch priorities are refreshingly straightforward.
The crypto world, predictably, has different priorities. A wave of unofficial $YAMAL fan tokens has launched on Solana, all attempting to monetize the teenager’s rising global profile. Every single one of them is essentially worthless, with market capitalizations sitting below $10,000 and trading volumes that might as well be zero.
Spain’s golden boy keeps it simple Born on July 13, 2007, Yamal scored his first World Cup goal against Saudi Arabia in June 2026. Spain have played six matches in the 2026 World Cup and remain unbeaten, advancing to the semifinal round where they’ll face France. Yamal has reportedly been sharing his celebrations with his little brother, a detail that tells you more about his headspace than any post-match press conference could.
Advertisement
His current market value is reported at around €200 million, putting him among the most valuable players on the planet.
The Solana token graveyard Numerous $YAMAL tokens have appeared on Solana-based decentralized exchanges. None of them carry any affiliation with the player himself, his management, or FC Barcelona. Every single one of these tokens has a market capitalization under $10,000. Trading volumes are effectively zero.
Fan tokens and the institutional gap The broader fan token market has been trying to establish legitimacy for years. Platforms like Socios have signed deals with major clubs, including FC Barcelona, to offer officially licensed fan tokens that provide holders with voting rights on minor club decisions and access to exclusive content.
The $YAMAL tokens on Solana have none of that. No licensing agreements, no utility, no roadmap, no team behind them beyond an anonymous deployer. The absence of any official partnership or product featuring Yamal in the crypto space highlights how far the gap is between legitimate fan engagement tools and the speculative noise that floods decentralized exchanges during major events.
What this means for crypto investors For anyone considering a position in any $YAMAL token, the calculus is brutally simple. You’re buying an unlicensed, zero-utility token with no liquidity. The near-zero trading volumes mean that even a modest sell order could crater the price, creating a liquidity trap where the asset technically has a price but no functioning market to realize it.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Morpho [MORPHO] was officially launched on Solana on Thursday, July 9. The lending protocol token is now available for trading on decentralized exchanges like Raydium and Jupiter, and is fully integrated via Sunrise, the official announcement read.
Token prices jumped higher on the back of this news. It has rallied 8.34% in 24 hours, with an uptick in daily trading volume of 105% and an Open Interest hike of just over 18%.
These volume and speculative interest trends point toward the beginning of a short-term upward move. A week ago, it was reported that Standard Chartered forecast a $60 target for Morpho.
The question now is whether that momentum can last.
The long-term MORPHO outlook Source: MORPHO/USDT on TradingView The Fixed Range Volume Profile tool and the MORPHO price action since April have both highlighted a similar fact. The altcoin was trading within a range, but could be close to achieving a bullish breakout.
The RSI certainly agreed. The recent upward momentum that drove prices upward by 43%, from $1.59 to the current price of $2.28, began on June 23.
On the other hand, the A/D indicator is struggling to pick itself off from the local lows. The downtrend in the volume indicator since March signaled steady selling pressure even as prices consolidated within a range.
This range extended from $1.64 to $2.28. The volume profile tool showed slightly different Value Area High and Low levels, at $1.59 and $2.13, respectively. In any case, the indicators and range formation showed where a MORPHO reversal could commence from.
Traders’ call to action- Wait Source: MORPHO/USDT on TradingView A bullish range breakout and retest of the highs as support has occurred, which should be a clear buying opportunity. Yet, since May, the same scenario has played out twice.
Each time, MORPHO bulls were driven back to the $1.60 local lows before they were ready to drive another rally.
Therefore, even though the short-term momentum and volume indicators favored continued upside, bulls should be wary of a sudden trend reversal.
A daily trading session close above $2.42, the late-May swing high, would be an extremely clear signal of bullish intent. Buyers at current market prices should have clear exit plans in case the attempted breakout reverses, as it did twice before.
Final Summary The Morpho $60 forecast and the token being available to trade on the Solana network has helped boost market sentiment. The current range formation and volume trends show that the $2.20-$2.42 area is a key supply zone.
A crypto whale bought the dip, acquiring 14,007 ETH valued at approximately $25.18 million.
According to monitoring by OnchainLens, a whale purchased 14,007 ETH at an average price of $1,798, with a total value of approximately $25.1 million.
8 minutes ago
A crypto whale has unstaked 440.822 Bitcoin from Core DAO, valued at approximately $28.27 million.
According to monitoring by Onchain Lens, a crypto whale unlocked 440.822 BTC from Core DAO, valued at approximately $28.27 million, and transferred the funds to a new wallet within one hour.
8 minutes ago
Yesterday, Bitcoin spot ETFs recorded a net inflow of $90.4 million, while Ethereum spot ETFs saw a net inflow of $18.4 million.
According to data from FarsideUK, Bitcoin spot ETFs posted a total net inflow of $90.4 million on July 10, with BlackRock’s IBIT seeing a net inflow of $86.8 million and VanEck’s HODL bringing in $3.6 million. Ethereum spot ETFs recorded a total net inflow of $18.4 million, of which BlackRock’s ETHA had a net inflow of $16.2 million and Fidelity’s FETH had a net inflow of $2.2 million.
8 minutes ago
Total stablecoin supply has decreased by approximately $13.9 billion in recent months, while USDT on the Tron blockchain has hit a new high against the trend.
According to EmberCN’s monitoring, the combined circulation of the two leading stablecoins, USDT and USDC, has declined by roughly $13.9 billion amid the crypto market’s overall slump in recent months. Specifically, USDT’s circulation fell by around $7.4 billion, while USDC’s dropped approximately $6.5 billion. Still, stablecoin adoption in real-world economic scenarios remains on the rise. In the first half of this year, stablecoin real economic transaction volume (ATV) hit $8.82 trillion, nearly matching last year’s full-year all-time high of $10.8 trillion, with USDT accounting for more than half of that total. Against the backdrop of the overall contraction in stablecoin circulation, USDT’s supply on the Tron blockchain has climbed to a record high of $90.3 billion, adding some $2 billion in the past month. This indicates that the reduced stablecoin supply is primarily from the DeFi-dominated Ethereum ecosystem, while Tron continues to see steady demand growth for real use cases including cross-border transfers and payment settlements.
8 minutes ago
Trump issues a fresh warning: If Iran attempts to assassinate him, thousands of missiles will be launched at Iran.
US President Trump: 1,000 missiles have been locked on and targeted at Iran. If the Iranian government dares to act on its threats to assassinate or attempt to assassinate the current US president—threats it has made in multiple locations around the world—thousands more missiles are on standby. I have issued orders: the US military is prepared, resolute in its will, and fully capable, and will completely destroy the entire territory of Iran within one year (extendable). (Jinshi)
8 minutes ago
Bubblemaps now supports Robinhood Chain, adding new holder distribution and whale tracking features.
According to an official announcement, on-chain data visualization and analytics platform Bubblemaps has announced support for the Robinhood Chain, which is currently in the testing phase. Users can track the distribution of token holders in real time, identify whale addresses, and reveal relationships between wallets. Additionally, users can retrieve historical data for any token, view the evolution of its holding structure, and identify hidden wallet clusters and fund flow patterns.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Solana is trading around $77.61 after a lackluster 24 hours, as the market struggles to find clear direction. Investors are split: some are closely monitoring the $73 to $76 zone as a critical support range, while others warn that continued selling pressure driven by PumpFun could spark a deeper correction.
The critical support zone stands outMarket analyst Michaël van de Poppe considers holding above the $73 to $76 range decisive for a short-term bullish outlook. If Solana stays above this area, there is potential for a recovery first to $90 and then even beyond $100.
Michaël van de Poppe emphasizes that maintaining the $73 to $76 zone keeps the bullish scenario alive, but losing this support could trigger a rapid breakdown in sentiment.
A slip below $73 could not only pressure Solana but weigh on the entire altcoin market. With ongoing weakness in Bitcoin and Ethereum, downside risks could become more pronounced if major supports collapse.
PumpFun-driven selling heightens pressureOne of the main factors behind this cautious atmosphere is significant SOL selling originating from PumpFun. Market commentator “Ted” noted that PumpFun sold about $10 million worth of SOL in a single day, with cumulative sales reaching approximately $794 million. PumpFun is known for enabling rapid memecoin launches on the Solana network.
Mini glossary: A fractal in technical analysis is the idea that a previously seen price structure can repeat itself on the chart. This method does not guarantee results, but offers a way to compare historical patterns.
Large and ongoing sales increase supply in the market, making it harder for buyers to gain momentum. While this does not necessarily signal a sudden crash, it helps explain why Solana is struggling to build up strong buying momentum even as it holds above support.
IndicatorLevelSignificanceCurrent price$77.61Just above support zoneInitial support$73 to $76Short-term area to watchUpside zone$80 to $82Recovery may accelerate if brokenTargets$90 and $100Bullish scenario objectivesThe path to $100 is still aliveDespite the negative outlook, hopes for a bullish reversal have not been dashed entirely. Solana remains within a broader recovery structure, and reclaiming the $80–$82 zone could quickly brighten the short-term picture. Should this happen, $90 and then $100 targets could be back in play for the bulls.
Another analyst, known as Rayker, believes current price action resembles the 2023 recovery period. According to this comparison, if Solana manages to form a bottom here, the price could shift into a stronger expansion phase. However, this similarity alone is not viewed as a definitive signal.
Rayker sees parallels between the present pattern and the 2023 rebound phase, but underscores that these similarities are only meaningful if support levels hold firm.
Short-term direction still uncertainThe short-term technical picture remains cautious. Solana is trading below key moving averages: the 20-day exponential moving average is acting as resistance, and the 50-day EMA is exerting selling pressure from above. Meanwhile, the RSI indicator sits in the low-40s and the MACD is giving off a mildly bearish signal.
Falling trading volume also points to limited participation in the market. A breakout above the $80–$82 area, supported by strong volume, could spark a short-term bounce. If not, another retest of the $73–$76 support band appears likely.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Erling Haaland’s name is fueling a wave of speculative Solana meme coins. A Viking-themed Google Easter egg linked to Norway’s World Cup quarterfinal against England sent the phenomenon viral this week.
Developers seized the moment. They launched short-lived meme coins such as $RO and $VIKINGROW on Solana, while an Erling Haaland branded token also drew fresh trader attention alongside the surge in searches.
Viral Google Feature Fuels Meme coin FrenzyThe Google Easter egg appeared as Norway prepared to face England in Friday’s quarterfinal. The animation showed a Nordic helmet graphic when users searched Haaland’s name directly. It drew global search traffic toward the striker within hours.
One thing to do today… search my name on Google 😉
— Erling Haaland (@Erling) July 9, 2026 Anonymous developers on Solana moved fast. They deployed tokens like $RO and $VIKINGROW to capture retail curiosity. These coins carry no utility or team affiliation. However, their launch timing tracks closely with Haaland’s rising search volume.
Historically, similar spikes have followed other viral football moments earlier in the tournament. BeInCrypto has observed a similar pattern with other football meme coin surges tied to this year’s event.
Speculative Meme coins Ride the WaveRetail traders have piled into these instruments despite thin liquidity. Few carry any verified link to Haaland himself. Coinbase data shows the Erling Haaland meme coin trading near $0.00037 on Solana. Its market cap sits around $370,000, a fraction of mainstream crypto assets.
HAALAND Price Performance. Source: CoinbaseThe meme coin slid nearly 16% over the past day. That drop reflects the volatility common among speculative launches. Therefore, some analysts view the token less as an investment and more as a short-term cultural bet.
Meanwhile, other traders continue chasing World Cup tokens trending on decentralized exchanges regardless of the risk. Established fan tokens during knockouts have shown comparatively steadier price action.
Sorare Digital Collectibles Gain From Real GoalsAway from meme coins, Haaland’s official non-fungible token (NFT) cards are climbing in value on the blockchain fantasy platform Sorare. His seven goals through the tournament have lifted demand among fantasy managers. These managers prize real performance data over pure speculation.
In addition, Sorare’s licensing deals with major leagues make its digital cards easier to value than untested meme coins.
The celebrity meme coin sector, however, carries its own warning signs. The ongoing Iggy Azalea lawsuit centers on misleading token promotion tied to a celebrity’s name.
FIFA’s own rulings are also reshaping crypto markets this tournament. A recent Polymarket eligibility decision shows how tournament outcomes now move prediction markets, too.
Whether the Haaland-branded meme coin outlasts the World Cup hype remains uncertain. The divergence between speculative Solana tokens and verified digital collectibles already hints at which trend traders may trust longer.
The real-world asset (RWA) ecosystem of Solana has quadrupled in value during the first half of 2026.
It grew from $873 million in January to a record $3.62 billion in July. The surge was driven by rapid growth in tokenized stocks, rising institutional adoption, and record trading activity.
According to the latest ecosystem data, Solana is now the third-largest blockchain for tokenized RWAs, with a 10.39% market share. The network hosts 2,119 tokenized assets across 295,853 holders. Its RWA ecosystem has also grown 20.91% over the past 30 days.
Meanwhile, Solana’s stablecoin supply has surpassed $16 billion, making it the second-largest among all blockchains. The large stablecoin base has provided deep dollar liquidity for tokenized asset trading.
Solana RWA Data Tokenized Asset Trading Reaches New Highs Notably, Solana recorded its strongest quarter for tokenized assets in Q2 2026. Spot trading volume climbed to $5.77 billion, up 7.4 times from the $775 million recorded during the second half of 2025.
June alone generated more than $2 billion in tokenized asset trading. That marked the highest monthly volume ever recorded on any blockchain.
The network also led global tokenized equity trading during the week of June 15–21. It processed $1.298 billion of the $1.324 billion traded worldwide, accounting for roughly 97% of the market.
SpaceX Listing Boosts Tokenized Stock Activity Solana’s tokenized stock ecosystem received a major boost after SpaceX’s June 12 Nasdaq listing. Tokenized SpaceX shares launched on the blockchain the same day.
SpaceX-related tokens generated $1.19 billion in June trading volume, accounting for 31% of the month’s total. Backpack Securities’ SPCX contributed $1.08 billion, while xStocks’ SPCXx added $852 million.
On June 24, Solana’s tokenized stock market reached a record $644 million in daily trading volume. The milestone highlights the network’s shift from a memecoin-focused blockchain toward a hub for tokenized financial assets.
Institutional Offerings Continue to Expand The ecosystem has continued to attract institutional issuers and infrastructure providers.
Backed Finance’s xStocks platform now offers 134 tokenized stocks. It has surpassed $3 billion in cumulative on-chain trading volume and attracted more than 57,000 unique holders.
Solflare, which reports 4 million monthly active users, has integrated all xStocks assets and added a Google Pay on-ramp.
Ondo Global Markets has also launched more than 200 tokenized U.S. stocks and ETFs. At launch, those assets represented roughly 65% of all Solana RWAs.
Meanwhile, Jupiter Lend has added tokenized SPYx, QQQx, NVDAx, and TSLAx as collateral. Users can now borrow against tokenized equities within DeFi.
Institutions Deepen Solana Adoption Institutional participation has accelerated across the network. BlackRock’s BUIDL fund has deployed $615 million on-chain through Securitize. It is now the largest individual RWA position on Solana.
Citigroup completed a tokenized Bill of Exchange settlement pilot with PwC in February. Institutional market maker B2C2 has also chosen Solana as its primary stablecoin settlement network.
Financial firms, including SoFi and R3, have expanded their enterprise banking and tokenization initiatives on Solana. The moves reinforce the blockchain’s growing role in institutional-grade digital asset infrastructure.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Getting knocked out of the World Championship tends to leave a mark. For G2 Esports, the sting of a 1-3 quarterfinal loss to Top Esports at the 2025 League of Legends World Championship on October 30 was the kind of result that keeps players up at night.
At MSI 2026, the team didn’t just recover. They reverse-swept the very squad that eliminated them, beating Top Esports 3-2, then knocked out defending champions T1 with a convincing 3-1 scoreline.
From execution failures to revenge tour Support player Labrov didn’t mince words about what went wrong at Worlds. The issue wasn’t talent or strategy. It was execution. The team simply didn’t perform its game plans cleanly when it mattered most against TES.
Advertisement
G2’s organizational culture plays a role here too. Labrov stated the team treats not winning trophies as a failure, full stop.
The reverse sweep against Top Esports was particularly cathartic. Falling behind in a best-of-five against the same team that ended your Worlds run would test anyone’s composure. Clawing back from a deficit to win three straight games requires the exact execution consistency that was missing months earlier.
Then came T1, the reigning World Champions. G2 dispatched them 3-1, a result that firmly placed the European squad among the tournament favorites.
The crypto play hiding in plain sight In 2023, G2 invested approximately €3.2 million in Solana tokens. That position has since grown to roughly €16 million.
Beyond the treasury play, G2 maintains an ongoing sponsorship deal with Betpanda, a crypto-focused betting platform. This partnership represents another layer of the organization’s crypto integration, tying its brand directly to the growing intersection of digital assets and sports wagering.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
TLDRAround-the-Clock Access to U.S. EquitiesSolana-Based Tokenization Expands Trading CapabilitiesSpaceX Token Demonstrates Platform GrowthGet 3 Free Stock Ebooks Backpack introduces continuous U.S. equity trading available to international participants Platform provides authentic share ownership rather than derivative or synthetic products Both traditional currency and stablecoins enable immediate funding and transaction completion Solana-based tokenized equities support peer-to-peer transfers and DeFi integration Service merges conventional securities markets with always-available blockchain infrastructure Backpack has introduced around-the-clock trading capabilities for a selection of U.S. equities, broadening market participation for international investors. The offering merges authentic share ownership with trading functionality spanning both conventional and blockchain-integrated environments. This initiative also advances the platform’s mission to unite traditional financial instruments with digital asset technology.
Around-the-Clock Access to U.S. Equities Backpack has enabled international participants to trade certain U.S. stocks continuously without interruption. The system facilitates purchasing, retaining, and divesting shares beyond conventional market operating hours. This framework permits users to act on financial news and developments regardless of their geographic location.
According to the platform, the offering centers on genuine securities instead of derivative instruments or price-indexed alternatives. Consequently, participants maintain authentic ownership stakes in the actual companies through the service. Market depth and order execution draw from traditional exchange liquidity across the available equity offerings.
The platform delivers immediate transaction finalization and ongoing price formation throughout its equity service. Account funding accepts both conventional currencies and stablecoins, creating flexible payment pathways. These funding mechanisms integrate seamlessly with the platform’s established digital asset framework.
Solana-Based Tokenization Expands Trading Capabilities Backpack has introduced blockchain-based versions of eligible equities utilizing the Solana network. These digital representations permit uninterrupted on-chain transactions, peer-to-peer wallet movements, and participation in decentralized financial protocols. This architecture provides participants with an alternative method for maintaining and transferring equity-based instruments.
Participants can exchange between conventional shares and their tokenized counterparts on a one-for-one basis. This connection unites securities ownership with blockchain-powered settlement and movement capabilities. The platform orchestrates the exchange mechanism through its unified trading and safekeeping infrastructure.
The company unveiled its initial authentic tokenized equities during early June, preceding the addition of continuous direct trading. That preliminary introduction established the groundwork for the platform’s comprehensive equity approach. The current service now unifies off-chain ownership with on-chain transfer and trading operations.
SpaceX Token Demonstrates Platform Growth The platform has attracted significant attention through its tokenized SpaceX equity offering, trading under the SPCX identifier. According to company statements, this product generated substantial liquidity and transaction volume within blockchain markets. Performance metrics showed it outpaced rival tokenized SpaceX offerings throughout the preceding month.
The SpaceX instrument delivers redeemable exposure connected to private-market equity through the service. Since SpaceX remains privately held without a public market debut, the token functions as a blockchain representation anchored to underlying private-market positions.
The platform intends to expand its equity roster following this initial product launch. This growth strategy supports the overarching objective of connecting traditional market liquidity with blockchain-based trading infrastructure. The service now consolidates direct securities, tokenized instruments, and digital payment options within a unified ecosystem.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Someone just made off with roughly $14.2 million in SOL tokens from a wallet connected to Solana’s genesis distribution. The attacker, or attackers, executed a methodical sequence: unstake the tokens, then bridge them over to Ethereum, effectively moving the funds off the Solana chain entirely.
What happened The irregular activity involved a series of unstaking transactions followed by cross-chain transfers. Someone gained access to a wallet holding staked SOL, pulled the tokens out of staking, and then used a bridge protocol to shuttle the assets over to Ethereum.
The specific bridge protocol used in this case hasn’t been publicly identified. Neither has the exact wallet address, the method of compromise, or the identity of whoever was behind it. What is known is that the loss totals approximately $14.2 million, and the wallet had direct ties to Solana’s genesis distribution.
Advertisement
Genesis distribution refers to Solana’s initial non-circulating token allocations. These were tokens set aside at the network’s launch for early backers, the Solana Foundation, ecosystem development, and other foundational purposes.
The attack vector remains unclear Nobody has confirmed exactly how the attacker gained access. The three most likely scenarios are private-key compromise, a phishing attack, or exploitation of a smart-contract vulnerability. The pattern of unstaking followed by bridging is consistent with private-key theft. An attacker who controls the keys can do whatever the legitimate owner could do, including unstaking and moving funds freely.
This isn’t the first time Solana-linked wallets have been hit with this exact playbook. Previous incidents in the ecosystem have followed remarkably similar sequences, suggesting that attackers have identified this as an efficient method for extracting and laundering stolen SOL.
What this means for investors So far, there’s no indication that this incident has triggered a broader sell-off in SOL or meaningfully impacted market prices. There is no evidence of a wider attack campaign targeting multiple genesis wallets or any vulnerability in the Solana protocol itself.
If the attacker attempts to liquidate through centralized exchanges, there’s a chance some portion could be frozen or recovered. If they route through mixers or decentralized protocols, recovery becomes exponentially harder.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana quietly crossed a number that means more than it sounds. On July 10, 2026, at approximately 04:11 UTC, the Solana mainnet entered Epoch 1000, a milestone that represents roughly five to six years of uninterrupted operation since the network launched in March 2020.
No hard fork. No protocol emergency. Just the chain, ticking forward.
What an epoch actually is Think of an epoch like a chapter in a book. Each one contains exactly 432,000 slots and spans roughly two to three days of real time.
Advertisement
In English: the network bundles its activity into these fixed windows for purposes like calculating validator rewards and refreshing the active stake set. Reaching 1,000 of them means Solana has completed that cycle, continuously, for the better part of six years.
The numbers behind the milestone In June 2026, Solana processed a record 3.77 billion non-vote transactions, a figure that reflects genuine usage rather than network self-reporting.
Non-vote transactions are the ones that actually matter for gauging real activity. Vote transactions are validator bookkeeping, the blockchain equivalent of taking attendance. Non-vote transactions are users doing things: trading, minting, transferring, interacting with applications.
The Solana Foundation marked the occasion with a dedicated site at solana.com/epoch1000, which includes a wallet checker that generates what the team calls “survivor cards” based on how early a given address participated in the network.
Validators across the ecosystem also publicly acknowledged the milestone, with several noting their ambition to still be running nodes when the network hits Epoch 10,000.
What Epoch 1000 signals for investors There was no price spike attached to this announcement. Solana’s market didn’t reprice on the news.
Solana has spent the past two years building out its role in decentralized finance, real-world asset tokenization, and high-throughput consumer applications. The network has also rolled out significant technical upgrades in 2026, including work on Firedancer, a validator client developed by Jump Crypto, and Alpenglow, a consensus protocol update designed to reduce latency further.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Injective: Security issue related to npm packages has been resolved, and no user funds were lost.
Injective’s official team posted on social media that recent media reports covered potential security vulnerabilities involving Injective’s npm packages. The issue was immediately detected and resolved. User funds were never at risk and suffered no losses. According to the official, its security monitoring system flagged the problem in real time, quickly marked the affected package versions as deprecated, and replaced them with new versions—blocking the risk before the malicious package could be downloaded. As a result, the malicious package had zero downloads, caused no harm to users, and user fund security remained uncompromised. Injective’s npm package is among the most widely used SDKs in the cryptocurrency sector. The team has now implemented optimization measures to prevent such attack attempts from recurring.
3 hours ago
Bitget has launched the SKHYUSDT perpetual contract.
According to official announcements, Bitget has launched the SKHYUSDT perpetual contract, with a maximum leverage of 20x, and contract trading bots will be available simultaneously.
3 hours ago
Bitget launches SK Hynix’s rSKHY for the first time, offering new users the chance to split an equivalent of $50,000 worth of stocks via trading.
According to official announcements, Bitget has launched its stock spot rToken for SK Hynix (rSKHY) as its first such offering. From now until July 17, users trading rSKHY will enjoy zero trading fees. Additionally, the platform has rolled out a dedicated new user campaign with a total prize pool of SK Hynix equivalent to 50,000 USDT. During the campaign, newly registered users who complete a net deposit of no less than 1,000 USDT and their first trade will randomly receive rSKHY worth between 10 and 88 USDT. New users participating in rSKHY trading who meet cumulative trading volume thresholds can unlock tiered stock rewards, with a maximum of rSKHY worth 888 USDT per individual. The campaign runs from July 10 to July 17.
3 hours ago
Over the past 24 hours, global crypto liquidations hit $236 million, with short positions making up the bulk of the liquidations.
According to Coinglass data, global crypto market liquidations reached $236 million over the past 24 hours, including $68.7 million in long-position liquidations and $167 million in short-position liquidations.
3 hours ago
Binance to List SKHYUSDT USDT-Margined Perpetual Contract
Per official announcement, Binance will launch the SKHYUSDT perpetual contract at 23:50 UTC+8 on July 10, 2026, with a maximum leverage of 50x.
Lamine Yamal, FC Barcelona’s wunderkind winger, has been one of the standout performers at the 2026 FIFA World Cup despite carrying a hamstring injury sustained back in April. His performances against Austria and Portugal have cemented his status as one of the tournament’s most electric players. And in a development that sits squarely at the intersection of sports mania and crypto speculation, a small cluster of fan tokens bearing his name have appeared on the Solana blockchain.
Playing hurt, playing brilliantly Yamal’s injury timeline is worth understanding. He suffered a hamstring injury on April 22, 2026, which limited his minutes during the tail end of Barcelona’s club season. Spain’s coaching staff managed his workload carefully during the group stage, easing him back into match fitness with restricted playing time.
The caution paid off. On June 22, 2026, Yamal scored Spain’s opening goal in a commanding 4-0 group stage victory over Saudi Arabia. He was 18 years and 343 days old at the time, netting his first-ever World Cup goal.
Advertisement
By the Round of 32, he looked like a different player entirely. Against Austria on July 2, 2026, Yamal played 85 minutes, fired off six shots, and created two scoring chances. Spain advanced comfortably, and Yamal’s combination of individual brilliance and willingness to take on defenders made him the focal point of every attacking move.
After the Austria match, Yamal reportedly said he felt “100%” ready to compete at full capacity.
The Solana fan token angle A handful of fan tokens referencing Lamine Yamal have appeared on the Solana blockchain. These are not officially licensed products from Barcelona, the Spanish Football Federation, or Yamal himself. They are community-created tokens riding the wave of World Cup excitement.
The numbers tell you everything you need to know about their current significance: market caps reportedly sit under $10,000. Liquidity is limited.
What this means for crypto investors Fan engagement tokens backed by actual organizations have been a growing sector in crypto. Platforms like Chiliz and Socios have built entire businesses around officially licensed fan tokens for major football clubs. Barcelona itself has a fan token (BAR) that trades on multiple exchanges. The gap between those established products and the micro-cap Solana tokens named after Yamal is enormous, but they exist on the same spectrum of sports-meets-crypto experimentation.
For traders specifically looking at low-cap Solana tokens tied to sporting events: these tokens have no backing, no utility, no governance rights, and no guarantee of any liquidity tomorrow.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
TLDR HOOD shares surged over 3% during premarket hours to $118.60 following dual analyst upgrades from major firms Morgan Stanley increased its price forecast from $95 to $124, maintaining an overweight stance Barclays elevated its target from $82 to $122, highlighting robust platform growth and elevated trading activity The company unveiled its proprietary Layer-2 blockchain powered by Arbitrum, facilitating continuous tokenized equity trading across 120+ nations This strategic launch positions Robinhood as a direct rival to Solana, which currently dominates with over 95% of tokenized stock trading volume worldwide Robinhood (HOOD) received consecutive endorsements from prominent Wall Street institutions on Friday, with both Morgan Stanley and Barclays increasing their price projections for the trading platform operator. HOOD shares advanced more than 3% in early trading to $118.60, extending a rally that has pushed the stock approximately 40% higher over the preceding month.
Robinhood Markets, Inc., HOOD
Morgan Stanley boosted its price objective from $95 to $124—representing an increase exceeding 30%—while keeping its buy recommendation intact. The investment bank observed that brokerage firms and trading venues are positioned to deliver above-consensus second-quarter results, supported by heightened market activity and increased volatility.
Barclays analyst Benjamin Budish similarly maintained his buy rating while elevating his price target from $82 to $122. He emphasized the sustained positive momentum across Robinhood’s ecosystem and trading metrics as the firm diversifies beyond its traditional retail brokerage business model.
These latest upgrades complement recent optimistic moves from Goldman Sachs, Mizuho, and BTIG, which have all established 12-month price objectives ranging between $121 and $130.
HOOD concluded Thursday’s session at $115.11, registering a 1.39% gain, although trading activity remained beneath its 30-day average of approximately 32 million shares.
Robinhood Takes On Solana With Its Own Blockchain The analyst enthusiasm stems partly from Robinhood’s aggressive expansion into cryptocurrency and distributed ledger technology. On July 1, the platform enabled continuous tokenized stock trading available around the clock in over 120 countries and started directing perpetual futures transactions through Lighter, a decentralized trading protocol.
The newly minted Robinhood Chain operates on Arbitrum, a Layer-2 scaling solution for Ethereum. The blockchain has quickly garnered significant interest—Robinhood Chain exceeded Hyperliquid in daily decentralized exchange volume, while its total value locked (TVL) reached $100 million just days after going live.
This deployment creates direct competition with Solana, which presently processes upward of 95% of worldwide tokenized equity trading volume and maintains $568.1 million in tokenized stock assets. Solana’s rapid transaction speeds and minimal transaction costs have established it as the preferred blockchain for tokenized financial instruments.
Robinhood opted against Solana entirely, selecting Arbitrum as its foundation. While Arbitrum processes transactions more slowly and at higher costs than Solana, Robinhood’s established customer base of 28 million users spanning 38 countries provides a distribution network that competitors struggle to match.
What This Means for the Tokenized Stock Race Solana continues advancing its position. Its on-chain real-world asset holdings expanded from $1.4 billion to $3.3 billion between January and early July 2026, with prominent financial institutions including Bitwise, State Street, and Amundi launching products on the platform.
Institutional participants may gravitate toward Solana to circumvent potential conflicts of interest associated with utilizing a competitor’s proprietary infrastructure.
Robinhood’s meme cryptocurrency ecosystem is also building momentum. Cash Cat (CASHCAT), a meme token native to Robinhood Chain, skyrocketed over 1,000% within a three-day period and registered approximately 80% gains in the previous 24 hours, trading at $0.172.
Bitcoin advanced more than 3% to $64,556 on Friday, providing additional support for cryptocurrency-adjacent equities like HOOD.
Robinhood generates approximately $157 in annual revenue per funded account and currently serves 28 million customers internationally.
Solana Fee Proposal Shows Validator Economics Are Still Being Rewritten is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Solana’s fee market is no longer just a technical footnote; it is central to how the network pays validators, handles congestion, and keeps users moving.
The reason it deserves attention today is not that one announcement or filing magically changes the whole market. It is that the update adds another data point to a sector still trying to work out where capital, users, and regulation are actually moving.
For more details, visit the official GitHub platform.
TL;DR Solana governance advanced priority fee changes through SIMD-0097.The proposal affects how validator incentives and transaction fees are handled.Fee design is becoming one of Solana’s most important technical and economic debates. The Technical Detail Traders Should Not Ignore Priority fees matter when network demand rises and users compete for blockspace.
The proposal adjusts validator-level incentives around those fees.
Protocol updates rarely arrive with the drama of a courtroom ruling or an ETF filing, but they are often more important over time. They decide how networks handle scale, incentives, cross-chain activity, and user cost. For builders, those details are not optional.
Why Builders Care About The Update For traders, the point is not only fee size but whether the network can scale without creating perverse incentives.
The market tends to reward finished products, but those products depend on this kind of maintenance. A chain that keeps improving its technical base gives developers more reasons to stay.
For NewsBTC readers, the practical takeaway is to avoid treating this as an isolated headline. The stronger read is to connect it with the current market environment: liquidity is still selective, regulatory pressure has not disappeared, and the projects that keep shipping useful updates are the ones most likely to hold attention when the cycle gets noisy.
That does not mean the story should be stretched beyond what the source supports. The cleaner approach is to keep the facts tight, explain the mechanism, and show readers why it may matter if follow-up data confirms the same direction over the next few sessions.
In other words, this is a development to watch rather than a guaranteed turning point. Crypto moves quickly, but the useful signals are usually the ones that still make sense after the first reaction fades.
The important thing for readers is context. A single development rarely defines the market on its own, but a series of source-backed updates can show where momentum is building. That is why this article keeps the focus on the specific mechanism in play, the source behind it, and the reason traders or builders may care today.
This article is based on information from github.com.
This article was written by the News Desk and edited by Samuel Rae.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
While most top cryptocurrencies gained between 3% to 4% this week, Solana alone fell nearly 3.5%, making it one of the weakest major coins. Santiment data shows extremely negative sentiment around SOL has reached its highest level this year.
However, a well-known crypto analyst believes this fear could set up a rally toward $100 and even $127.
Solana Sentiment Turns “Extremely Negative”According to the Santiment data, negative sentiment around Solana has reached its highest level of 2026. On social media, more traders are posting negative comments about SOL now than at any other time this year.
At the same time, Solana’s trading volume has dropped to just $2.27 billion, its lowest level of 2026.
Santiment suggests that when most investors become extremely bearish, it usually means many weak hands have already sold. As selling pressure starts to dry up, even a small wave of new buyers can move the price higher.
Pump.fun Selling Has Kept Pressure on SOLOne major reason behind Solana’s recent weakness has been continuous selling from Pump.fun.
According to Arkham data, the platform reportedly sold nearly $10 million worth of SOL in a single day, while its cumulative SOL sales have now reached around $780 million. In late May alone, Pump.fun sold roughly 100,000 SOL, valued at about $8.3 million, in one transaction.
Since the platform regularly converts its revenue into SOL sales, every large transaction adds new supply to the market, making it harder for buyers to push prices higher.
Solana Still Leads Every Major BlockchainDespite all, Solana continues to dominate blockchain activity. Recent DeFi data shows Solana ranked first in decentralized exchange (DEX) trading volume across the 24-hour, seven-day, and 30-day timeframes.
The network processed around $2.44 billion in DEX volume over the past day, far ahead of Ethereum’s $1.58 billion.
Solana also continues to lead major crypto sectors, including tokenized stocks, real-world assets (RWAs), stablecoins, and on-chain payments.
Bullish Signals Begin to ReturnMeanwhile, crypto analyst Ali Martinez pointed to several technical and on-chain signals that are starting to improve.
The first one Ali highlighted is the SuperTrend indicator, which flipped bullish after Solana reclaimed the $78 level, indicating that buyers are slowly gaining control.
On-chain data also supports the recovery. Between June 24 and July 3, nearly 1.5 million SOL left centralized exchanges. During the same period, the Solana network added around 1.6 million new addresses, showing continued user growth despite weak price action.
Still, one major resistance Ali points to is URPD.
5/7 But there’s one major obstacle ahead.
The URPD shows Solana faces a supply barrier between $79 and $85. Roughly 105M $SOL were transacted in this zone.
A breakout above $85 could clear the path to the next major supply clusters at $100 and $127.https://t.co/e3H4NC94Hw
— Ali Charts (@alicharts) July 10, 2026 According to the URPD (UTXO Realized Price Distribution), the data shows heavy supply between $79 and $85, where roughly 105 million SOL previously changed hands. Breaking above this zone could open the door toward the next major targets at $100 and $127.
However, if SOL loses support at $74, the bullish setup could fail and expose the price to the next major support near $53.
Loading profile preview
Loading profile preview
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Circle's $USDC now accounts for just 46% of Solana's stablecoin supply, its lowest share in more than 2 years.
According to DefiLlama data, $USDC's share has fallen to 46.13%, while $USDT's share has risen to 16.42%. Other stablecoins now collectively account for more than 26% of Solana's stablecoin market, highlighting broader liquidity diversification across the network.
Drift Fallout Changed Community Sentiment The shift follows the April 1 Drift exploit, which sparked widespread criticism of Circle across the Solana ecosystem. After attackers reportedly moved more than $230M via Circle's Cross Chain Transfer Protocol (CCTP), many ecosystem participants urged DeFi users to swap $USDC for $USDT. Critics argued that Circle should have frozen the stolen funds.
When challenged on the decision, Circle CEO Jeremy Allaire said the company would not intercept funds without legal precedent, describing the situation as a "moral quandary." Meanwhile, Tether earned goodwill across parts of the Solana community after supporting Drift during its recovery efforts, strengthening $USDT's standing among many users.
Fresh Legal Challenges Add to Pressure Circle now faces renewed scrutiny following a July 8 report by the International Consortium of Investigative Journalists. According to the report, law enforcement authorities in Wisconsin and New York accused Circle of refusing to assist in freezing or recovering $USDC linked to scams. Wisconsin prosecutors filed a criminal complaint alleging that Circle failed to comply with a court order requiring the recovery of stolen assets.
Although the complaint involves a single misdemeanor count, former FBI financial crime expert Karen Greenway noted that criminal charges against a major financial firm are highly unusual.
Circle rejected the allegations, calling the complaint meritless. The company argued that it lacked the technical ability to comply with the order and maintained that the Wisconsin court lacked jurisdiction.
Stablecoin issuers such as Circle also face pressure from a changing regulatory landscape. Polymarket now places the odds of the CLARITY Act passing in 2026 at 40%, down from 82% in February.
Senator Cynthia Lummis recently warned that failure to pass the CLARITY Act could delay meaningful U.S. stablecoin legislation until 2030, turning what could have been a 1-year delay into a 4-year setback.
Solana's Stablecoin Economy Continues to Expand The decline in $USDC's market share comes even as Solana's stablecoin economy continues to grow at a record pace. During the first half of 2026, Solana recorded $1.12T in peer-to-peer stablecoin volume, up 72%, alongside 83.6M peer-to-peer transactions, up 37%. Active wallets reached an all-time high of 4.3M.
Retail transfers between $100 and $1,000 totaled a record $13.5B. Institutional transfers above $20,000 reached $1.07T, while micropayments between $0.50 and $100 climbed to an all-time high of $1.50B.
Circle has continued to expand its infrastructure despite a decline in market share. Gateway, launched in July 2025 and integrated with Solana in January 2026, allows users and businesses to access a unified $USDC balance across supported blockchains without manual bridging or third-party liquidity. The stablecoin giant recently reported that lifetime Gateway volume has now surpassed $4.5B.
Circle Scores a Major Regulatory Win Despite mounting competitive and legal challenges, Circle recently secured one of its biggest regulatory milestones. The U.S. Office of the Comptroller of the Currency granted final approval for Circle to establish Circle National Trust, a national trust bank operating as First National Digital Currency Bank, N.A.
The approval strengthens $USDC infrastructure through federally regulated custody, with reserve management planned as a future capability, while placing Circle's trust operations under direct federal oversight.
Investors welcomed the development, sending Circle's stock, $CRCL, more than 15% higher to around $71 following the announcement before retracing to its current price of $66.
While $USDC remains Solana's largest stablecoin by a wide margin, its share has fallen below 50% for the first time in more than 2 years. With growing competition, evolving regulation, and changing community sentiment, the battle for stablecoin dominance on Solana appears far from over.
Read More on SolanaFloor Claynosaurz’s HEEBOO Studio Introduces $HEEBOO Fan Token’s Public Sale Through Metaplex Genesis
Solana Memecoin Traders Flock to RobinHood - Will it Last?
Johan Manzambi, the 20-year-old Swiss midfielder who became one of the breakout stars of the 2026 FIFA World Cup, has been ruled out of Switzerland’s quarter-final clash against Argentina due to a knee injury. Three goals in the tournament, Premier League transfer rumors, and now a training ground setback that’s reverberating well beyond the pitch.
Here’s the thing: Manzambi’s injury isn’t just a sports story anymore. It’s a crypto story. The player’s meteoric rise has spawned an entire ecosystem of digital assets tied to his name, from Sorare NFT trading cards on Ethereum to a Solana-based meme token literally called $JOHAN MANZAMBI. When the man goes down, so do the markets built around him.
What happened on the pitch Manzambi limped off during a training session on July 9, 2026. The knee injury was serious enough to keep him out of Switzerland’s round-of-16 penalty shootout victory over Colombia, and now it’s sidelining him for the Argentina quarter-final too.
Advertisement
For context, this is an SC Freiburg midfielder who only debuted for the German club in August 2024. He’s been playing senior football for less than two years. Three World Cup goals at age 20 is the kind of trajectory that turns unknowns into household names practically overnight.
Swiss coach Murat Yakin has struck a cautious tone about any potential return. His position is straightforward: Manzambi only comes back if medical staff give full clearance, with no risk to the player’s long-term health. For a 20-year-old with reported transfer interest from Newcastle United at around €60 million, that’s the only responsible approach.
The digital asset ripple effect Start with Sorare, the fantasy football platform that lets users buy, sell, and trade NFT player cards built on Ethereum. Manzambi’s cards had already seen increased trading volume and rising prices throughout the tournament, driven by his three-goal performance and the swirling transfer rumors linking him to Newcastle. A knee injury that could end his World Cup run is the kind of event that creates immediate price volatility for those assets.
Then there’s the meme coin angle. A token called $JOHAN MANZAMBI has emerged on Solana, riding the wave of the player’s growing fame. The tokens have no official connection to the players themselves.
The Newcastle connection adds fuel Newcastle United reportedly has interest in signing Manzambi for a fee in the neighborhood of €60 million, which translates to roughly £42-51 million. That kind of figure, for a player who debuted professionally less than two years ago, tells you everything about how quickly his stock has risen.
A confirmed Premier League move would likely send Sorare card values significantly higher, since Premier League players tend to command premium prices on the platform compared to Bundesliga counterparts. The injury creates uncertainty around both the transfer timeline and his World Cup availability.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
@Grayscale has assigned $XRP a single, defining identity: global payments. In a breakdown of what each major crypto asset is actually built for, the world's largest digital asset manager gave Bitcoin the "digital money" label, Ethereum the "world computer" designation, and Solana "high performance." XRP got global payments.
It is a pointed classification. Rather than grouping $XRP alongside smart contract platforms or store-of-value assets, Grayscale has placed it squarely in the cross-border settlement lane, the very use case Ripple has been pushing since the company was founded in 2012.
A Utility Case, Not a Speculation Story Grayscale has categorised $XRP under the "Global Payments" investment narrative, highlighting its role in cross-border payments and digital financial infrastructure. The framing matters because it moves the conversation away from price speculation and toward institutional utility, which is where Ripple has long argued XRP belongs.
XRP focuses on fast, low-cost cross-border payments for financial institutions. Regulatory clarity in the United States has meaningfully boosted its utility and adoption potential. As a result, banks and payment providers increasingly view it as viable settlement infrastructure.
There is a broader narrative developing around XRP as one of the few cryptocurrencies with a clearly identifiable real-world use case. While many digital assets remain heavily dependent on speculation or meme-driven momentum, XRP's value proposition is directly linked to cross-border settlement and liquidity management.
Institutional Adoption Already UnderwayThe Grayscale label arrives as real-world adoption continues to build. XRP now underpins cross-border payments for over 300 institutions in 45 countries, with Ripple's RLUSD stablecoin and BNY Mellon custody deepening institutional adoption.
XRP operates on the XRP Ledger, known for its speed, with transactions finalising in three to five seconds. If a business wants to pay a supplier abroad, dollars are converted into XRP, sent across the globe in seconds, and converted into the destination currency on the other end.
Grayscale's GXRP product allows investors to gain exposure to XRP directly in investment accounts, alongside traditional assets, and is built and managed by Grayscale, the world's largest digital asset-focused investment platform with over a decade of experience operating crypto investment vehicles.
For $XRP, the Grayscale classification is less a revelation than a formal endorsement of the argument its backers have always made. One of the biggest names in institutional crypto asset management is now saying it out loud: XRP is a payments asset, not a speculative one.
Sources
Grayscale XRP Trust ETF (GXRP) - Grayscale
XRP in 2026: Ripple, ETFs, Regulation and Institutional Growth - IG International
Grayscale Names 8 Crypto With Key Narratives Right Now - BeInCrypto
TLDRBitcoin ETFs Lead Daily RedemptionsEther Funds Reverse Prior GainsWeekly Flow Trend Shows VolatilityGet 3 Free Stock Ebooks Crypto ETF outflows reached about $147 million on July 9, led by losses in Bitcoin and Ether funds. Bitcoin ETFs recorded $95.3 million in outflows, with FBTC and ARKB driving most redemptions. Ether ETFs saw $52.2 million in losses, reversing strong inflows recorded a day earlier. BlackRock’s IBIT remained flat, removing a key source of inflows that supported earlier sessions. Weekly ETF flows showed volatility, shifting from inflows to consecutive days of outflows. Crypto ETF outflows deepened on July 9 as U.S.-listed Bitcoin and Ether funds recorded combined losses of about $147 million. The session extended a weak trend following earlier signs of stabilization in institutional demand. The data confirmed that crypto ETF outflows continued despite recent price strength in major digital assets.
Bitcoin ETFs Lead Daily Redemptions Bitcoin funds recorded $95.3 million in net losses, reinforcing the latest wave of crypto ETF outflows across major issuers. Fidelity’s FBTC led the decline with $63.3 million in redemptions during the session. Ark and 21Shares’ ARKB followed with $39.9 million in outflows, increasing pressure on the category.
Smaller inflows partially offset losses but failed to reverse overall crypto ETF outflows for Bitcoin products. VanEck’s HODL added $5.4 million, while Morgan Stanley’s MSBT brought in $2.2 million. Bitwise’s BITB posted a marginal inflow of $0.3 million, limiting net declines.
BlackRock’s IBIT and Grayscale’s GBTC remained flat, removing a key source of demand seen earlier in the week. IBIT had previously driven inflows with over $200 million on July 6. Its neutral position allowed crypto ETF outflows to deepen without a strong counterbalance.
Ether Funds Reverse Prior Gains Ether ETFs recorded $52.2 million in net losses, adding to overall crypto ETF outflows across digital asset funds. Fidelity’s FETH accounted for $34.0 million of these redemptions. BlackRock’s ETHA also posted $12.7 million in outflows during the same session.
Grayscale’s ETHB and Bitwise’s ETHW contributed additional declines with losses of $2.7 million and $2.8 million, respectively. Other Ether funds remained flat, including VanEck’s ETHV and Invesco’s QETH. The absence of inflows across multiple issuers reinforced the scale of crypto ETF outflows.
The reversal followed a strong July 8 session when Ether ETFs attracted $70.5 million in inflows. FETH had led those gains before shifting to the largest source of redemptions. This rapid change highlighted how concentrated flows can drive short-term crypto ETF outflows.
Weekly Flow Trend Shows Volatility ETF flow data showed sharp swings throughout the week, reflecting inconsistent demand across issuers and products. Bitcoin ETFs gained $265.7 million on July 6 before slowing to $21.5 million on July 7. The trend reversed on July 8, when funds recorded $84.9 million in crypto ETF outflows.
The July 9 data confirmed a second consecutive day of losses, pushing total crypto ETF outflows deeper into negative territory. Ether funds followed a similar pattern, moving from strong inflows to notable redemptions within one day. This pattern indicated that flows remained uneven and highly sensitive to short-term conditions.
Solana ETFs provided limited support with $0.4 million in inflows, offering only a minor offset to broader crypto ETF outflows. VanEck’s VSOL and TSOL accounted for the small gains recorded in this category. Other Solana products remained flat, leaving overall flows dominated by Bitcoin and Ether declines.
Crypto ETF outflows on July 9 highlighted continued weakness in institutional allocations despite recent market stability. The absence of strong inflows across major issuers allowed redemptions to drive overall performance. The latest session confirmed that crypto ETF outflows remain a key indicator of shifting demand trends.
With over four years of experience in covering and tracking the financial markets, Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces. She is currently leading the Block of Fame, here at CoinGape. She likes to keep track of political, legal and financial happenings all around the world - without which she deems her day incomplete. Apart from her Journalistic endeavours, she is a solo traveler, museum goer, and a keen reader of books.
A wave of payment-focused developments announced in June has significantly boosted Solana’s position in the digital finance ecosystem. According to Solana Payments data, Mastercard has launched seamless stablecoin settlement on the Solana network and brought Solana into its machine-centric Agent Pay initiative. These steps in payment infrastructure signal that the Solana network is gaining visibility not just in crypto transactions but also in everyday financial use cases.
Institutional payment adoption gains tractionIn South Korea, leading payment provider KG Inicis reached an agreement to explore stablecoin payments across its merchant network, which processes close to 25 trillion won per year. MoneyGram has also begun staking SOL to participate in network validation while expanding payment services to over 60 million customers worldwide. These moves underline the growing interest among major institutions in integrating Solana’s blockchain for real-world payment scenarios.
As Mastercard rolled out 24/7 stablecoin settlement on Solana, institutions like KG Inicis and MoneyGram have also begun evaluating the network for their payment services.
Digital bank Toss Bank has started pilot testing stablecoin transfers for its 15 million users. SoFiUSD grew its supply on Solana by $200 million within just five weeks. The Solana ecosystem continues to expand with new offerings like the Canadian dollar-backed CADC stablecoin and Open USD, which is supported by a consortium of major financial institutions.
The addition of subscription and allowance features to Solana means that recurring payments, payroll, and invoicing can now be executed directly on the blockchain, eliminating the need for third-party apps. The platform also highlights solutions such as international corporate banking, digital prepaid cards, and crypto-based lending products that use wallet behavior instead of traditional credit scores.
Network data points to rapid growthSince January 2025, the amount of stablecoins on the Solana network has surged by 154%, reaching $14.75 billion. Payment volume has jumped 87% compared to the same period last year. Card-based payment transactions alone have totaled $420 million. Solana’s share in the cryptocurrency payments sector climbed from 5.43% to an impressive 10.1%.
IndicatorDataStablecoin supply$14.75 billionIncrease since start of 2025154%Annual payment volume growth87%Card payment volume$420 millionMarket share5.43% → 10.1%According to Birdeye’s data from the first half of 2026, over half of Solana’s stablecoin total is made up of USDC, now spread across 7.54 million wallets. For seven consecutive weeks, Solana has ranked first among blockchains in USDC transfer volume. Birdeye is recognized as a leading crypto analysis platform for on-chain data and market tracking.
Mini glossary: Stablecoin settlement refers to the finalization of payments using digital assets that are typically pegged to fiat currencies like the dollar. USDC is a widely used, dollar-pegged stablecoin issued by Circle.
In the current week alone, the network processed 22.7 million transactions, equivalent to about one third of all USDC transaction volume. During the same period, payroll payments on Solana reached $1.6 billion, with peer-to-peer transfers among retail users totaling $803 million.
Key technical levels in focus for SOLAnalyst Celal Kucuker notes that SOL’s price continues to demonstrate resilience and retains its upward potential. He highlights the $77 level as a critical support zone, marking the intersection of previous price action and important Fibonacci retracement points.
Celal Kucuker assesses that if SOL breaks above the descending monthly trend established at the start of 2025, resistance areas at $145 and $188 may come into play.
Should SOL maintain its position above the downward trendline, the $145 and $188 levels are likely to emerge as the next resistance points. However, if the support is lost, the current bullish scenario may weaken, possibly delaying broader upward momentum in the market.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Wells Fargo has adjusted its portfolio of crypto-related assets, according to its latest filing with the US Securities and Exchange Commission (SEC). The bank boosted its holdings in Strategy shares—a company known for holding large Bitcoin reserves—as well as in Ethereum and Solana-linked investment products. In contrast, Wells Fargo scaled back certain Bitcoin ETF positions, reflecting a more defensive approach amid increased geopolitical tension.
Shift in Strategy and Bitcoin ETF PortfolioThe filing shows that Wells Fargo increased its holdings in Strategy shares, led by Michael Saylor, by approximately 125% from the previous quarter to nearly 726,000 shares. This expansion cost about $41.5 million. Strategy, formerly known as MicroStrategy, is closely tied to Bitcoin price movements due to its massive Bitcoin reserves.
While growing its position in Strategy, Wells Fargo also restructured its portfolio of Bitcoin ETFs, taking a more cautious stance in several areas.
The bank reduced its investment in BlackRock’s iShares Bitcoin Trust by 75,102 shares, but simultaneously opened a new call option position on the product. The filing also reveals increased exposure to put options on IBIT, indicating a more conservative outlook. These changes come against the backdrop of rising tensions between the US and Iran, prompting a more risk-averse strategy.
Additionally, Wells Fargo trimmed its positions in the Invesco Galaxy Bitcoin ETF, ARK 21Shares Bitcoin ETF, and Fidelity Wise Origin Bitcoin Fund. However, the bank did not fully exit Bitcoin exposure; instead, it increased investments in Grayscale Bitcoin Mini Trust, Grayscale Bitcoin Trust, and Bitwise Bitcoin ETF. Notably, the Bitwise Bitcoin ETF position grew by 24% quarter-over-quarter.
Expansion in Ethereum and Solana InvestmentsWells Fargo expanded its exposure to Ethereum-linked products as well. The bank increased its stake in BlackRock’s iShares Ethereum Trust by nearly 65%. This position now stands at over 1.10 million shares, valued at approximately $17.56 million.
According to the filing, the bank also holds 257,157 Bitwise Ethereum ETF shares, 4,637 Grayscale Ethereum Staking ETF shares, and 623 VanEck Ethereum ETF shares. In a first, Wells Fargo took positions in Solana, buying 13,280 shares of Grayscale Solana Trust and 1,638 shares of Fidelity Solana Fund.
Glossary: Strategy, formerly known as MicroStrategy, is a US-based software company notable for holding a significant volume of Bitcoin on its balance sheet. An Ethereum staking ETF is a type of exchange-traded fund that aims to provide investors with returns tied not only to the price of Ethereum but also to validation income generated by staking.
Broader Moves in Crypto-Linked EquitiesBeyond exchange-traded products, Wells Fargo also broadened its portfolio in crypto-related equities. The bank dramatically increased its holding in Bitmine Immersion from 2,323 shares to 21,547 shares, an increase of about 828%, valued at approximately $426,000.
The filing indicates that Wells Fargo is building a diversified portfolio connected not only to Bitcoin, but also to Ethereum and Solana assets.
The disclosure also lists new treasury-related positions in American Bitcoin Corp. and Strive Asset Management. American Bitcoin Corp. has previously received backing from the Trump family. In addition, Wells Fargo increased its Robinhood stake by 65% to roughly 2.56 million shares and opened a new put option position valued at around $116,000 in Robinhood.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bitwise named the CLARITY Act as one of the key catalysts for crypto markets in the third quarter, saying its passage could likely mark the bottom of the current bear market.
The asset manager laid out four catalysts in its Q3 2026 report. It added that this quarter is make-or-break for the market structure bill.
Why the CLARITY Act Tops Bitwise’s Q3 ListThe CLARITY Act has been one of the most-watched bills for the crypto sector. However, it has faced key hurdles, with two issues now stalling its progress.
First, ethics provisions tied to the president’s family’s crypto interests have become a sticking point. Section 604, which shields non-custodial developers from money transmitter rules, has also drawn contested debate among lawmakers and law enforcement groups.
Prediction markets put the odds of the bill passing in 2026 near 40%. That figure has fallen sharply from 75% in mid-May.
Polymarket Odds For The CLARITY Act Passing in 2026. Source: PolymarketNonetheless, Bitwise remains cautiously optimistic about the bill’s chances. It said a successful vote would likely mark the bottom of this bear market. According to the firm, a failure would bring early volatility.
“If it passes, we believe it likely marks this bear market’s bottom. If it fails, expect volatility initially, then a clearing of uncertainty as the industry keeps building under a pro-crypto SEC and CFTC,” the statement read.
Follow us on X to get the latest news as it happens
The Other Q3 Crypto Market Catalysts on Bitwise’s RadarIn addition to the CLARITY Act, the asset manager outlined three more upcoming catalysts. Stablecoins sit second on the list. Regulators are due to finalize GENIUS Act rules this quarter, ahead of the law taking effect in January 2027.
Bitwise expects more large firms to announce stablecoin projects before go-live. It pointed to OpenUSD, backed by Stripe, BlackRock, Visa, Coinbase, and about 140 other firms.
“Stablecoin supply has held near $300 billion since last fall, a quiet show of resilience through crypto’s selloff. We see accelerating stablecoin growth as a catalyst for chains like Ethereum and Solana in Q3, as attention builds ahead of January’s effective date,” it added.
The firm also flagged the new Federal Reserve under Chair Kevin Warsh, whose approach remains largely unknown to markets. He has held rates steady so far. Bitwise expects a much clearer read on his Fed by the end of the quarter. The direction of rates is still hard to call. However, the firm noted that the Fed shapes sentiment across all risk assets, so any rate decision could move markets.
Finally, Bitwise highlighted a quiet re-rating in Decentralized Finance (DeFi). In the past month, Bitcoin (BTC) fell about 22%, yet the firm’s DeFi index dropped just 4%.
“DeFi usually swings much harder than Bitcoin, so holding up this well is unusual, and almost no one is talking about it. We think DeFi is quietly re-rating,” the report read. “We expect DeFi’s outperformance to keep playing out in Q3, the kind of shift the market tends to notice late.”
Bitwise’s outlook follows a punishing Q2, crypto’s third straight quarter of losses and its worst run since 2022. How the current quarter progresses will show whether that streak extends or breaks.
Subscribe to our YouTube channel to watch leaders and journalists provide expert insights
Key Highlights The banking institution expanded its Strategy position by 125%, reaching approximately 726,000 shares with roughly $41.5 million in additional exposure BlackRock’s Bitcoin ETF saw a reduction of 75,102 shares, though the bank redistributed holdings across alternative Bitcoin investment vehicles Ethereum-based ETF positions grew by 65%, with BlackRock’s Ethereum ETF holdings exceeding 1.10 million shares Initial investments in Solana-focused funds appeared in the filing, alongside an 828% expansion in Bitmine positions Galaxy Digital holdings were slashed by 97%, while Coinbase positions decreased by 25% A comprehensive SEC filing from Wells Fargo reveals the financial institution’s extensive digital asset holdings, demonstrating significant portfolio adjustments across Bitcoin, Ethereum, and Solana investment products, along with cryptocurrency-focused equities.
The financial powerhouse, managing $2.5 trillion in assets, amplified its stake in Michael Saylor’s Strategy by 125%, elevating total ownership to nearly 726,000 shares. This strategic move represents approximately $41.5 million in additional exposure to the prominent Bitcoin treasury enterprise.
Strategic Bitcoin ETF Portfolio Reallocation Despite reducing its BlackRock Bitcoin ETF stake by 75,102 shares from the previous quarter, Wells Fargo maintained its overall commitment to Bitcoin investment products. The institution similarly decreased positions in Invesco Galaxy’s Bitcoin ETF, ARK 21Shares Bitcoin ETF, and Fidelity’s Bitcoin offering.
Conversely, the bank strengthened investments in Grayscale’s Bitcoin Mini Trust, Grayscale Bitcoin Trust, and Bitwise’s Bitcoin ETF. The Bitwise allocation specifically increased by 24% on a quarterly basis.
Additionally, Wells Fargo initiated a fresh call option position in BlackRock’s Bitcoin ETF while simultaneously expanding put exposure—strategic decisions made during heightened market volatility linked to geopolitical tensions involving the United States and Iran.
Growing Commitment to Ethereum and Initial Solana Entry The bank’s Ethereum ETF strategy demonstrated notably different momentum. Wells Fargo increased its BlackRock Ethereum ETF allocation by approximately 65%, elevating total holdings beyond 1.10 million shares valued at roughly $17.56 million.
Supplementary Ethereum positions include 257,157 shares in Bitwise’s Ethereum ETF, 4,637 shares in Grayscale’s Ethereum Staking ETF, and 623 shares in VanEck’s Ethereum product.
Notably, the disclosure documents the bank’s inaugural positions in Solana investment vehicles. Wells Fargo acquired 13,280 shares of Grayscale’s Solana Trust alongside 1,638 shares of Fidelity’s Solana Fund.
Regarding cryptocurrency-related equities, Bitmine Immersion holdings surged dramatically from 2,323 to 21,547 shares—an extraordinary 828% increase—boosting Ethereum treasury exposure to approximately $426,000.
The institution also established new positions in American Bitcoin Corp, the Trump family-affiliated Bitcoin treasury enterprise, and Strive Asset Management’s treasury investment vehicle.
Wells Fargo enhanced its Robinhood position by 65%, reaching approximately 2.56 million shares. Concurrently, the bank initiated put option positions in Robinhood valued at nearly $116,000.
However, certain cryptocurrency stocks experienced significant reductions. Wells Fargo decreased its Galaxy Digital ownership by approximately 97% and trimmed its Coinbase stake by roughly 25%, according to regulatory disclosures.
The comprehensive filing illustrates a major financial institution actively reconfiguring its cryptocurrency market presence, prioritizing treasury-focused companies and diversified ETF instruments while strategically reducing exposure to specific individual equities.
Key Takeaways Fear and uncertainty surrounding Solana hit 2026 peaks while trading volumes plunged to yearly lows A critical resistance barrier exists between $79 and $85 where approximately 105 million SOL tokens were previously traded Successfully breaching $85 could trigger a rally toward $100, followed by $127; failure may result in a decline to $53 or beyond Network fundamentals remained robust in Q2 despite bearish price action and market sentiment Crypto analyst Michaël van de Poppe emphasizes that maintaining the $73-$76 zone is essential for any upward movement past $100 Solana currently confronts unprecedented levels of market anxiety and skepticism for 2026. Simultaneously, trading activity has plummeted to its weakest point this year, data from Santiment reveals.
Solana (SOL) Price Market participants have adopted a wait-and-see approach. Disappointment has set in after SOL underperformed relative to expectations, despite heightened interest in tokenized equities and real-world asset initiatives built on its blockchain.
Santiment observed that the convergence of pessimistic sentiment with diminished trading volumes can occasionally weaken selling pressure. This environment may allow institutional buyers to accumulate positions with minimal resistance.
✍️ TL;DR: Solana FUD hits highest point of 2026, generally a bullish sign
📊 Metrics Used: Trading Volume, Negative Sentiment
🔗 Link to chart: https://t.co/3d3XHYAsY3
😬 Solana is getting hit with a rough sentiment combo: trading volume has fallen to its lowest level of 2026,… pic.twitter.com/e020pDoOJ9
— Santiment Intelligence (@SantimentData) July 9, 2026
Crypto strategist Michaël van de Poppe shared his perspective on X, stating that maintaining support within the $73-$76 corridor and establishing a bounce from that level would signal market readiness for a breakout above $100. He cautioned that losing this critical zone could trigger widespread declines.
Things start to become interesting here for $SOL.
If it is able to hold between $ 73- $ 76 and bounce back upwards, it is a strong signal that the markets are ready to run to higher than $100.
If that doesn't happen, boy, we'll be seeing new lows across the board. pic.twitter.com/XRz4iMfxY6
— Michaël van de Poppe (@CryptoMichNL) July 8, 2026
Massive Supply Cluster Creates Overhead Resistance Market analyst Ali Charts identified approximately 105 million SOL tokens that previously traded hands within the $79-$85 price band. This concentration represents significant overhead resistance, as holders approaching their entry prices may be inclined to liquidate positions.
SOLANA: BIG SUPPLY WALL
Solana is currently attempting to reclaim a resistance zone between $79 and $85.
According to URPD data, roughly 105 million SOL were transacted within this range, establishing a dense supply cluster.
Reclaiming this zone as support clears the overhead… https://t.co/CZXB9kPtOz pic.twitter.com/jiZI3GJ8z4
— Ali Charts (@alicharts) July 8, 2026
Should buying pressure drive SOL beyond $85 while establishing that threshold as new support, subsequent price objectives would be $100 followed by $127. Conversely, rejection at this resistance could precipitate a retreat toward $53, with additional support zones located between $45 and $36.
Analyst Astekz similarly identified $45.60 and $36.64 as critical downside objectives should SOL fail to maintain its current trading range.
Robust On-Chain Metrics Contrast Bearish Price Action Contrary to the pessimistic market sentiment, Solana’s Q2 blockchain metrics painted an encouraging picture. The network handled approximately 100 million transactions daily. Average daily active addresses reached 1.93 million, while decentralized exchange volumes averaged $2.09 billion per day.
Decentralized applications operating on Solana produced $262 million in quarterly revenue. This achievement marked the ninth consecutive quarter where Solana led all blockchains in Web3 application revenue, capturing 41% of the total market share.
Real-world assets deployed on the platform expanded from $2 billion in March to surpass $3.48 billion by July. Stablecoin transaction volume climbed to $1.79 trillion in June, representing a 63% increase from the previous month.
Pump.fun contributed $91.43 million in revenue throughout Q2. The first week of July witnessed a historic milestone with over one billion non-vote transactions recorded on the network.
SOL remains trapped between compelling blockchain fundamentals and hesitant trader positioning, with the $79-$85 supply concentration serving as the decisive battleground.
Yassine Bounou, the Moroccan goalkeeper better known as Bono, just did something no keeper has managed since FIFA started tracking the stat in 1966. He saved four penalties in a single World Cup tournament. And because this is 2026, the internet responded the only way it knows how: by launching a memecoin.
A Solana-based token trading under the ticker $Bono appeared on decentralized exchanges almost immediately after Bounou’s record-setting performance, with no official connection to the player, his club Sevilla FC, or any of his sponsors. Welcome to the intersection of world-class goalkeeping and degenerate crypto speculation.
The saves that broke the record Bounou’s most dramatic stop came on July 9, 2026, during the quarter-final against France. The man standing over the ball was Kylian Mbappe, arguably the most dangerous penalty taker on the planet. Bounou dove the right way and kept it out.
That save pushed his career World Cup penalty record to a staggering seven saves from nine attempts, with only two goals conceded. In English: he stops nearly 78% of the penalties he faces in World Cup play, a rate that would make most keepers weep into their gloves.
Advertisement
The 2026 tournament wasn’t Bounou’s first rodeo. He built his reputation during Morocco’s surprise run at the 2022 World Cup in Qatar, where the Atlas Lions reached the semi-finals and Bounou became the first Moroccan goalkeeper to save a penalty outside of a shootout in World Cup history.
From penalty box to memecoin casino The token trades on Solana-based decentralized exchanges, which means low transaction fees and near-instant settlement. There are no official endorsements from Bounou, his management, or any football organization. The token exists purely because the internet decided it should.
The lack of any official backing is the biggest red flag. Memecoins without real utility or institutional support are essentially pure speculation, and the decentralized exchange environment where $Bono trades offers none of the consumer protections found on regulated platforms. Price swings of 50% or more in a single day are not unusual in this corner of the market.
NFTs enter the pitch The memecoin isn’t the only blockchain-adjacent development tied to Bounou’s World Cup heroics. Panini America, the trading card company that has been a fixture in sports collectibles for decades, released blockchain-based Prizm NFT trading cards featuring the goalkeeper as part of its 2026 World Cup collection.
Unlike the $Bono memecoin, Panini’s NFTs carry the weight of an established brand with licensing agreements across major sports leagues.
What investors should actually watch The $Bono memecoin and Panini NFTs represent two very different risk profiles for anyone looking to put money where Bounou’s gloves are.
The memecoin is a pure momentum trade. It has no fundamentals, no revenue model, and no connection to Bounou himself. Its value is entirely a function of attention and sentiment.
The Panini NFTs sit in a different category entirely. They’re backed by a recognized brand, tied to officially licensed content, and part of a collectibles ecosystem that has decades of history in physical form. Bounou saving penalties is legitimately historic. A Solana token named after his nickname is legitimately a gamble. Knowing the difference between the two is the whole game.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Kylian Mbappe scored his eighth goal of the 2026 World Cup, assisted on the second, and somehow managed to miss a penalty, all in the same match. France beat Morocco 2-0 in the quarterfinals on July 9 at Gillette Stadium in Foxborough, Massachusetts. And while the footballing world was processing another masterclass from the French captain, crypto traders were doing what they do best: gambling on it.
Solana-based meme tokens loosely tied to Mbappe saw sharp spikes in trading volume during and after the match. None of these tokens are authorized or endorsed by the player.
What happened on the pitch Mbappe missed a penalty in the first half, a rare stumble from a player who has otherwise been surgically precise in front of goal this tournament.
Advertisement
He made up for it in the 60th minute, finding the back of the net to break the deadlock. That goal, his eighth of the tournament, puts him alongside Lionel Messi at the top of the Golden Boot race.
Six minutes later, Ousmane Dembele doubled the lead. After the match, Dembele credited Mbappe’s instructions before the goal as the key to unlocking Morocco’s defense. Mbappe drew defenders toward him, creating the space Dembele needed to finish.
Morocco, who made a historic run to the semifinals in the 2022 World Cup in Qatar, couldn’t replicate that magic. France will now face either Spain or Belgium in the semifinal round.
The crypto sideshow Solana-based tokens, many of them bearing Mbappe’s name or likeness without any official connection, experienced noticeable trading volume surges that correlated directly with goal announcements and match results. We saw similar dynamics during the 2022 World Cup, when fan tokens and speculative assets moved in tandem with match outcomes. But the 2026 version is faster, more fragmented, and almost entirely concentrated on Solana’s low-fee infrastructure.
Investors were not thrilled during similar cycles in previous tournaments when tokens pumped 300% and then cratered within the same day.
Major football leagues and player associations have experimented with official fan tokens through platforms like Socios. But those products have struggled with utility and sustained engagement. The unauthorized meme coins, ironically, sometimes generate more trading volume than their official counterparts, precisely because they’re unregulated and can move faster.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Robinhood just went from selling crypto to building the infrastructure it runs on. The company launched Robinhood Chain’s public mainnet on July 1, and within a week, projects started migrating away from Solana to join it.
What Robinhood actually built Robinhood Chain is a permissionless Ethereum Layer 2 built on Arbitrum’s infrastructure. The chain is designed specifically for on-chain financial services and tokenized real-world assets. Block times clock in at 100ms, and the platform already supports tokens representing shares of major companies including NVIDIA, Google, and Apple.
Advertisement
Early partners include Uniswap, the largest decentralized exchange by volume, and Pleiades.
Solana’s problem just got more concrete World.xyz, a decentralized prediction market, initially launched on Solana. Then, on July 8, it packed up and moved to Robinhood Chain. The entire lifecycle from Solana debut to migration took roughly one week.
World.xyz cited lower fees and access to Robinhood’s massive retail user base as key motivations.
To be fair, Robinhood hasn’t abandoned Solana entirely. The company has supported SOL with listings and staking options since as early as 2022, and it continues to offer Solana-based services.
Wall Street noticed Robinhood’s stock surged over 8% following the mainnet launch announcement. The stock jump reflects broader market enthusiasm for DeFi innovation and stock tokenization. Robinhood Chain sits at the intersection of both, and Robinhood, as an already-regulated broker-dealer, potentially solves both regulatory clarity and distribution simultaneously.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Crypto market traders are bracing for Bitcoin, Ethereum (ETH), XRP, and Solana (SOL) options expiry today. Traders anticipate short-term volatility in the broader crypto market ahead of next week’s US CPI and PPI inflation data releases. Seasonality, cooling jobless claims, and US-Iran technical talks have sparked a recovery in crypto prices.
Bitcoin, ETH, XRP, and SOL jumped amid a fall in oil prices, US Treasury yields, and the US dollar index. Crypto market sets eyes on max pain amid potential recovery further.
Crypto Market Braces for $1.5 Billion Bitcoin Options Expiry According to Deribit data, more than 23K BTC options with a notional value of almost $1.5 billion expire on July 10, with a put-call ratio of 1. In the last 24 hours, call volume remains higher than put volume with a put-call ratio of 0.75, indicating a neutral stance among traders.
Moreover, max pain price is at $62,000, lower than the current Bitcoin price of $64,100. This shows a high odds of a pullback, but implied volatility and 25-delta skew signaled traders expect crypto market to remain flat.
Options traders are selling out-of-the-money calls, which indicates that institutions generally agree the market lacks upward momentum. This could keep Bitcoin price below $65K resistance level.
Bitcoin Options Open Interest. Source: Deribit Ethereum Options with $250 Million in Notional Value to Expire Over 140K ETH options with a notional value of $248 million are set to expire. The put-call ratio is 1.27. However, call volume has exceeded put volumes over the last 24 hours, with a bullish put-call ratio of 0.81.
Also, the max pain point is at $1,700, below the current market price. Notably, the call bets are higher at the strike price, indicating lower chances of massive selling pressure. Traders expect ETH price to move towards $1,800 after this week’s options expiry.
Ethereum Options Open Interest. Source: Deribit Ethereum price jumped almost 2% over the past 24 hours amid hopes of US-Iran talks to continue and broader crypto market recovery. The 24-hour low and high are $1,730 and $1,786, respectively. However, trading volume has dropped by 13%.
XRP and Solana (SOL) Max Pain Price XRP options of notional value $2.47 million to expire, with a put-call ratio of 0.76. The max pain price is at $1.06, indicating the key level to watch as the crypto asset shows higher volatility amid whale moves.
XRP price climbed 1.50% to $1.11, rising above the max pain price despite massive net outflows of $7.29 million from Bitwise XRP ETF. It saw a massive drop in trading volume over the past 24 hours.
XRP Max Pain Price. Source: Deribit Meanwhile, $17 million in Solana options will expire today, with a put-call ratio of 0.40. The max pain price is $75, lower than the current market price. However, traders eye upside momentum towards $80 strike price.
Crypto market traders await US CPI inflation data for cues before making further trades. Core inflation is projected to come in at 0.3% against 0.2% US CPI inflation print last month, keeping Core CPI YoY stable at 2.9%.
Cleveland Fed data showed the annual CPI inflation rate cooled from 4.2% in May to 3.9% in June. However, Goldman Sachs claims the combined effects of AI-induced increases in memory, software, and electricity prices are boosting inflation in the US.
AI Driven Memory Chips Costs Boosts Inflation. Source: Goldman Sachs Aside from adjusting their options positions, many macro-focused traders are actively placing wagers on the best crypto prediction markets to speculate directly on whether the core CPI will meet expectations.
Solana is struggling to hold its ground at key support levels on both the weekly and daily charts, with the overall market focusing on the $78 mark as a decisive short-term pivot. If this crucial support is maintained, the price could attempt a recovery toward $98, according to recent market analyses. However, failure to preserve this level may weaken the outlook and shift attention to lower ranges.
Broader targets in the weekly outlookExamining the weekly chart, Solana is once again testing a fundamental horizontal support zone, under continued pressure from a descending trendline originating from previous highs. This area has proven itself as a fiercely defended region by buyers throughout the wider market correction. Successfully maintaining support here could reinforce the case for a sustained recovery over longer timeframes.
Analyst Celal Kucuker highlights that Solana currently showcases one of the strongest defenses in the market. He suggests that as long as the current structure endures, there is potential for Solana to reach a new all-time high by the end of the year.
Celal Kucuker believes that Solana’s present structure continues to leave room for upward movement, and that holding the strong support keeps the possibility of new highs on the table.
On the weekly chart, the first significant upward resistance is around $188.25. Surpassing this level would signal renewed buyer strength. In the broader outlook, a long-term target of approximately $417.40 is identified, echoing Kucuker’s projection of reaching $400 within six to nine months.
Nonetheless, this optimistic scenario depends on a clear breakout above resistance. Should Solana fail to defend its current support and remain below the descending trendline, bullish expectations could be dampened.
$78 to $98 range in focus for the short termOn the daily chart, Solana is retesting the lower edge of its trading range, an area previously serving as dependable support. The $78 level now stands as the central defense zone for buyers, determining the immediate short-term structure.
Trader Daan Crypto Trades emphasizes that bulls must protect the lower limit of this zone. A strong rebound from here would indicate active buyers and the preservation of Solana’s current price range.
Daan Crypto Trades underscores that holding the $78 region is crucial for short-term prospects, and sustained support at this level could see Solana move back toward $98.
TimeframeCritical supportUpside targetRisk levelDaily$78$98$67WeeklyCurrent horizontal support zone$188.25 and $417.40Sustained move below trendlineShould Solana rebound from these levels, the initial short-term target stands at $98, a major resistance zone that previously capped upward moves. However, a daily close below $78 could weaken the bullish scenario and bring the lower support area near $67 into focus.
The market’s main signal right now is whether Solana can sustain the $78 support. If this level holds, targets of $98 and—over longer horizons—even $188 or $417 may come back into play for Solana.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Why Is B3 Adding More Crypto Derivatives? Brazil’s B3 stock exchange has expanded its regulated crypto derivatives offering with options on bitcoin, ether, and solana futures, giving local traders and asset managers another venue to manage digital asset exposure without moving into offshore crypto markets.
The new contracts became available for trading on July 6, according to a B3 circular. The rollout includes call and put options on bitcoin futures denominated in Brazilian reais, while ether and solana futures are denominated in U.S. dollars.
The launch adds another layer to Brazil’s growing regulated crypto market structure. Rather than offering spot crypto custody or direct token settlement, B3 is building listed derivatives linked to crypto benchmarks. That approach allows institutional participants to trade price exposure, volatility, and hedging strategies through exchange-traded instruments while staying inside a regulated market environment.
The timing also matters. Brazil is already one of Latin America’s most active crypto markets, with strong demand for stablecoins, crypto investment products, and regulated trading access. By expanding futures-linked options, B3 is positioning itself as a local infrastructure provider for crypto risk management rather than leaving more advanced trading activity to offshore venues.
How Do The New Contracts Work? The options settle into the underlying futures contracts, not into bitcoin, ether, or solana themselves. B3 said the products do not involve custody, transfer, or administration of spot cryptoassets.
That distinction is central to the product design. Settlement into futures allows the exchange to offer crypto-linked exposure while avoiding the operational issues tied to holding tokens directly. It also gives brokers, asset managers, and professional traders a clearer framework for margining, clearing, and risk management.
The contracts trade independently from 9 a.m. to 6:30 p.m. local time, according to B3’s derivatives trading schedule. Exercise is automatic at expiration when the option finishes in the money, unless the holder blocks exercise.
All 3 products reference Nasdaq crypto indexes, according to the announcement. B3’s bitcoin futures contract is denominated in reais, while its ether and solana futures are denominated in U.S. dollars. That split gives bitcoin exposure a local currency structure, while ether and solana remain linked to dollar-denominated pricing.
Investor Takeaway B3’s new crypto options give Brazilian investors a regulated way to trade volatility and hedge exposure without taking custody of tokens. The structure keeps the products closer to traditional derivatives markets than offshore spot crypto trading.
What Does This Mean For Traders And Asset Managers? For traders, the main change is access to local listed options tied to major crypto futures. That makes it easier to build directional positions, hedge futures exposure, trade implied volatility, and structure more complex strategies around bitcoin, ether, and solana.
For asset managers, the products can help manage portfolio risk without relying on offshore crypto options venues. A local listed market may also reduce operational friction for firms that face internal restrictions on custody, counterparty risk, or trading outside regulated exchanges.
The automatic exercise feature also brings the products closer to standard derivatives market practice. When an option expires in the money, it is exercised into the underlying futures contract unless the holder blocks exercise. That can simplify execution for professional users, though it also requires active margin and position management around expiration.
The product design may appeal most to participants that already understand futures-based crypto exposure. Since the options settle into futures rather than tokens, users must manage the risks of the underlying futures contracts, including leverage, margin calls, basis, and currency denomination.
Why Does This Matter For Brazil’s Crypto Market? The launch extends B3’s push into regulated crypto products after earlier moves to list bitcoin options, ether and solana futures, and prepare bitcoin-linked event contracts. The exchange is building a broader toolkit around digital assets while keeping the products inside the structure of listed derivatives.
That strategy reflects a wider trend in institutional crypto adoption. Regulated venues are not only offering direct exposure to crypto prices. They are also building the instruments needed for hedging, volatility trading, and structured allocation. Options are an important part of that market because they allow investors to manage downside risk, express views on volatility, and create defined-risk positions.
Brazil’s market is especially relevant because local demand for crypto exposure has grown alongside regulatory efforts to bring digital asset activity into formal financial channels. B3’s expansion gives domestic participants more tools, but it also increases the importance of liquidity, transparent pricing, and risk controls.
The new options do not remove crypto’s underlying volatility or regulatory uncertainty. They do, however, give professional investors a more familiar way to manage that volatility inside Brazil’s exchange infrastructure. For B3, the rollout strengthens its role as the country’s main regulated gateway for crypto-linked derivatives.
Trading volume for Solana has fallen to 2026 lows as record negative sentiment raises the possibility of a surprise market reversal.
Solana’s recovery appears to have lost momentum after it shed over 6% in the past week. As it currently trades near $77, it is facing its most negative market sentiment of 2026.
In fact, SOL’s trading volume has dropped to its lowest point in 2026, while negative commentary surrounding the asset has surged to its highest daily level this year, according to Santiment.
Rebound Setup Emerges Much of the disappointment stems from expectations that strong narratives around tokenized stocks and real-world asset (RWA) activity would translate into stronger price performance, something traders have yet to see.
Santiment noted that this combination of elevated fear, uncertainty, and doubt (FUD) alongside weak trading volume has historically created conditions that can favor a rebound. With retail participation low and sentiment deeply negative, there may be less resistance if large stakeholders decide to drive Solana’s prices higher, which could potentially set the stage for a sharp move that catches traders off guard.
The Solana network added 1.60 million new addresses over the past two weeks. Additionally, the SuperTrend indicator on SOL’s three-day chart also flashed a new buy signal for the first time since October 10, 2025, when the Average True Range (ATR) trailing stop moved below the price. According to analyst Ali Martinez, the previous SuperTrend sell signal was followed by a 74% price correction. He said the latest signal points to a bullish trend and could send SOL toward $100.
Michaël van de Poppe also observed that the crypto asset has re-entered its trading range and may briefly pull back before continuing its upward move. He added that holding the $75-$77 range as support could open the door to gains toward $100 and potentially $120 in the coming weeks or months.
$78 Holds the Key Another crypto analyst, Dami-Defi, also pointed to a potential breakout as SOL currently tests the upper boundary of a descending channel that has been in place since September 2025. According to the analyst, a three-day close above $78 would confirm the breakout and open the door to an initial move toward $105, followed by $125 and $155 if momentum continues.
You may also like: Why Capital Is Flowing Into XRP, SOL, and HYPE Instead of BTC and ETH Here’s How Deeply Underwater Corporate Crypto Bets Have Become After Latest Crash Bitcoin to $16 Trillion? ARK Says BTC Could Eat 70% of the Entire Crypto Market However, the setup would be invalidated by a three-day close below $72, and stronger trading volume would be needed to confirm the breakout.
¿Por qué la B3 suma más derivados cripto? La bolsa de valores brasileña B3 ha ampliado su oferta regulada de derivados cripto con opciones sobre futuros de bitcoin, ether y solana, ofreciendo a los traders locales y gestores de activos otra vía para gestionar su exposición a activos digitales sin recurrir a mercados cripto extraterritoriales.
Los nuevos contratos comenzaron a operarse el 6 de julio, según una circular de B3. El lanzamiento incluye opciones call y put sobre futuros de bitcoin denominados en reales brasileños, mientras que los futuros de ether y solana están denominados en dólares estadounidenses.
El lanzamiento añade una capa más a la creciente estructura del mercado cripto regulado de Brasil. En lugar de ofrecer custodia de cripto al contado o liquidación directa de tókenes, B3 está construyendo derivados listados vinculados a índices de referencia cripto. Este enfoque permite a los participantes institucionales operar exposición al precio, volatilidad y estrategias de cobertura mediante instrumentos cotizados en bolsa, manteniéndose dentro de un entorno de mercado regulado.
El momento también es relevante. Brasil ya es uno de los mercados cripto más activos de América Latina, con una fuerte demanda de stablecoins, productos de inversión cripto y acceso regulado al trading. Al ampliar las opciones vinculadas a futuros, B3 se posiciona como un proveedor local de infraestructura para la gestión de riesgo cripto, en lugar de dejar la actividad de trading más avanzada a plataformas extraterritoriales.
¿Cómo funcionan los nuevos contratos? Las opciones se liquidan en los contratos de futuros subyacentes, no en bitcoin, ether o solana propiamente. B3 señaló que los productos no implican custodia, transferencia ni administración de criptoactivos al contado.
Esa distinción es central en el diseño del producto. La liquidación en futuros permite a la bolsa ofrecer exposición vinculada a cripto evitando los problemas operativos asociados a la tenencia directa de tókenes. También brinda a brókers, gestores de activos y traders profesionales un marco más claro para el margen, la compensación y la gestión de riesgo.
Los contratos se negocian de forma independiente de 9:00 a 18:30, hora local, según el calendario de negociación de derivados de B3. El ejercicio es automático al vencimiento cuando la opción termina dentro del dinero (in the money), salvo que el titular bloquee el ejercicio.
Los 3 productos hacen referencia a índices cripto de Nasdaq, según el anuncio. El contrato de futuros de bitcoin de B3 está denominado en reales, mientras que sus futuros de ether y solana están denominados en dólares estadounidenses. Esa división le da a la exposición en bitcoin una estructura en moneda local, mientras que ether y solana permanecen vinculados a precios denominados en dólares.
Conclusión para el inversor Las nuevas opciones cripto de B3 dan a los inversores brasileños una forma regulada de operar volatilidad y cubrir su exposición sin tomar custodia de los tókenes. La estructura acerca los productos a los mercados de derivados tradicionales, más que al trading de cripto al contado en plataformas extraterritoriales.
¿Qué significa esto para traders y gestores de activos? Para los traders, el principal cambio es el acceso a opciones locales cotizadas vinculadas a los principales futuros cripto. Eso facilita construir posiciones direccionales, cubrir la exposición en futuros, operar con la volatilidad implícita y estructurar estrategias más complejas en torno a bitcoin, ether y solana.
Para los gestores de activos, los productos pueden ayudar a gestionar el riesgo de cartera sin depender de plataformas de opciones cripto extraterritoriales. Un mercado local cotizado también puede reducir la friccion operativa para las firmas que enfrentan restricciones internas en materia de custodia, riesgo de contraparte o trading fuera de bolsas reguladas.
La función de ejercicio automático también acerca los productos a la práctica estándar del mercado de derivados. Cuando una opción vence dentro del dinero, se ejerce hacia el contrato de futuros subyacente, salvo que el titular bloquee el ejercicio. Eso puede simplificar la ejecución para usuarios profesionales, aunque también exige una gestión activa del margen y de las posiciones en torno al vencimiento.
El diseño del producto puede resultar más atractivo para los participantes que ya comprenden la exposición cripto basada en futuros. Dado que las opciones se liquidan en futuros y no en tókenes, los usuarios deben gestionar los riesgos de los contratos de futuros subyacentes, incluidos el apalancamiento, los margin calls, la base y la denominación en divisas.
¿Por qué esto importa para el mercado cripto de Brasil? El lanzamiento extiende el impulso de B3 hacia productos cripto regulados, tras movimientos previos para listar opciones de bitcoin, futuros de ether y solana, y preparar contratos de eventos vinculados a bitcoin. La bolsa está construyendo un conjunto de herramientas más amplio en torno a los activos digitales, manteniendo los productos dentro de la estructura de los derivados cotizados.
Esa estrategia refleja una tendencia más amplia en la adopción institucional de cripto. Las plataformas reguladas no solo ofrecen exposición directa a los precios de las criptomonedas. También están construyendo los instrumentos necesarios para la cobertura, el trading de volatilidad y la asignación estructurada. Las opciones son una parte importante de ese mercado porque permiten a los inversores gestionar el riesgo a la baja, expresar opiniones sobre la volatilidad y crear posiciones de riesgo definido.
El mercado brasileño es especialmente relevante porque la demanda local de exposición cripto ha crecido junto con los esfuerzos regulatorios para llevar la actividad de activos digitales hacia canales financieros formales. La expansión de B3 brinda a los participantes locales más herramientas, pero también aumenta la importancia de la liquidez, la fijación de precios transparente y los controles de riesgo.
Las nuevas opciones no eliminan la volatilidad subyacente de las criptomonedas ni la incertidumbre regulatoria. Sin embargo, sí dan a los inversores profesionales una forma más familiar de gestionar esa volatilidad dentro de la infraestructura bursátil de Brasil. Para B3, el lanzamiento refuerza su papel como la principal puerta de entrada regulada del país para los derivados vinculados a cripto.
Por Que a B3 Está Ampliando os Derivativos de Cripto? A bolsa brasileira B3 expandiu sua oferta regulada de derivativos de criptoativos com opções sobre futuros de bitcoin, ether e solana, oferecendo a traders locais e gestores de ativos mais um ambiente para gerenciar exposição a ativos digitais sem precisar migrar para mercados de cripto no exterior.
Os novos contratos passaram a ser negociados em 6 de julho, de acordo com um comunicado da B3. O lançamento inclui opções de compra e venda sobre futuros de bitcoin denominados em reais, enquanto os futuros de ether e solana são denominados em dólares americanos.
O lançamento adiciona mais uma camada à crescente estrutura do mercado regulado de cripto no Brasil. Em vez de oferecer custódia de cripto à vista ou liquidação direta de tokens, a B3 está construindo derivativos listados vinculados a benchmarks de cripto. Essa abordagem permite que participantes institucionais negociem exposição a preços, volatilidade e estratégias de hedge por meio de instrumentos negociados em bolsa, permanecendo dentro de um ambiente de mercado regulado.
O momento também é relevante. O Brasil já é um dos mercados de cripto mais ativos da América Latina, com forte demanda por stablecoins, produtos de investimento em cripto e acesso regulado à negociação. Ao expandir as opções vinculadas a futuros, a B3 está se posicionando como um provedor de infraestrutura local para gestão de risco em cripto, em vez de deixar as atividades de negociação mais avançadas para plataformas no exterior.
Como Funcionam os Novos Contratos? As opções são liquidadas nos contratos futuros subjacentes, não em bitcoin, ether ou solana propriamente ditos. A B3 informou que os produtos não envolvem custódia, transferência ou administração de criptoativos à vista.
Essa distinção é central para o desenho do produto. A liquidação em futuros permite que a bolsa ofereça exposição vinculada a cripto evitando os problemas operacionais associados à posse direta de tokens. Isso também dá a corretoras, gestores de ativos e traders profissionais um framework mais claro para margem, compensação e gestão de risco.
Os contratos são negociados de forma independente das 9h às 18h30, horário local, de acordo com o cronograma de negociação de derivativos da B3. O exercício é automático no vencimento quando a opção está dentro do dinheiro (in the money), a menos que o titular bloqueie o exercício.
Os 3 produtos referenciam índices de cripto da Nasdaq, segundo o anúncio. O contrato futuro de bitcoin da B3 é denominado em reais, enquanto seus futuros de ether e solana são denominados em dólares americanos. Essa divisão dá à exposição em bitcoin uma estrutura em moeda local, enquanto ether e solana permanecem vinculados à precificação em dólares.
Resumo para Investidores As novas opções de cripto da B3 dão aos investidores brasileiros uma forma regulada de negociar volatilidade e proteger exposição sem precisar tomar custódia dos tokens. A estrutura mantém os produtos mais próximos dos mercados de derivativos tradicionais do que da negociação de cripto à vista no exterior.
O Que Isso Significa Para Traders e Gestores de Ativos? Para os traders, a principal mudança é o acesso a opções listadas localmente vinculadas aos principais futuros de cripto. Isso facilita a construção de posições direcionais, o hedge de exposição em futuros, a negociação de volatilidade implícita e a estruturação de estratégias mais complexas envolvendo bitcoin, ether e solana.
Para gestores de ativos, os produtos podem ajudar a gerenciar o risco de portfólio sem depender de plataformas de opções de cripto no exterior. Um mercado listado local também pode reduzir o atrito operacional para empresas que enfrentam restrições internas sobre custódia, risco de contraparte ou negociação fora de bolsas reguladas.
O recurso de exercício automático também aproxima os produtos das práticas padrão do mercado de derivativos. Quando uma opção vence dentro do dinheiro, ela é exercida no contrato futuro subjacente, a menos que o titular bloqueie o exercício. Isso pode simplificar a execução para usuários profissionais, embora também exija gestão ativa de margem e posição próximo ao vencimento.
O desenho do produto pode atrair principalmente participantes que já compreendem a exposição a cripto baseada em futuros. Como as opções são liquidadas em futuros, e não em tokens, os usuários precisam gerenciar os riscos dos contratos futuros subjacentes, incluindo alavancagem, chamadas de margem, base e denominação em moeda.
Por Que Isso Importa Para o Mercado de Cripto do Brasil? O lançamento amplia a aposta da B3 em produtos regulados de cripto, após movimentos anteriores de listar opções de bitcoin, futuros de ether e solana, e preparar contratos de evento vinculados ao bitcoin. A bolsa está construindo um conjunto de ferramentas mais amplo em torno de ativos digitais, mantendo os produtos dentro da estrutura de derivativos listados.
Essa estratégia reflete uma tendência mais ampla na adoção institucional de cripto. Plataformas reguladas não estão apenas oferecendo exposição direta aos preços de cripto. Elas também estão construindo os instrumentos necessários para hedge, negociação de volatilidade e alocação estruturada. As opções são uma parte importante desse mercado porque permitem que os investidores gerenciem o risco de queda, expressem visões sobre volatilidade e criem posições de risco definido.
O mercado brasileiro é especialmente relevante porque a demanda local por exposição a cripto tem crescido junto com os esforços regulatórios para trazer a atividade de ativos digitais para canais financeiros formais. A expansão da B3 dá aos participantes domésticos mais ferramentas, mas também aumenta a importância da liquidez, da precificação transparente e dos controles de risco.
As novas opções não eliminam a volatilidade subjacente das criptomoedas nem a incerteza regulatória. Elas, no entanto, oferecem aos investidores profissionais uma forma mais familiar de gerenciar essa volatilidade dentro da infraestrutura de bolsa do Brasil. Para a B3, o lançamento fortalece seu papel como o principal portal regulado do país para derivativos vinculados a cripto.
