A newly funded wallet attracted market attention after opening a 20x leveraged long worth 230,583 SOL, valued at $18.81 million.
The position quickly generated more than $818,000 in unrealized profit within a day, highlighting how rapidly SOL rewarded aggressive bullish exposure.
Lookonchain’s data also showed the whale’s liquidation price was $67.14, leaving a sizeable buffer below current trading levels.
However, the trade also reflected growing confidence among leveraged participants rather than confirming SOL’s next market direction. Large positions often influence sentiment, yet they rarely guarantee sustained rallies.
Why did top traders stay heavily long? Binance data showed that 64.71% of top trader accounts held long positions, while only 35.29% remained short.
This distribution lifted the Long/Short Ratio to 1.83, confirming that professional traders had maintained a clear bullish bias.
The positioning also aligned with the newly opened whale trade, reinforcing expectations that higher prices could follow if buyers retain control.
However, concentrated bullish exposure also increased downside vulnerability because leveraged positions shared similar liquidation levels.
A modest decline could force highly leveraged longs to close automatically, accelerating selling pressure.
Even so, the data suggested experienced traders had continued favoring upside exposure despite recent market uncertainty.
Source: CoinGlass Solana reclaim resistance as buyers regain control Solana [SOL] recovered above the former resistance at $78.50 and traded near $81.30, confirming that buyers had regained control after defending the $67.39 support zone.
Price also approached the next resistance around $88.10, placing the recovery within a broader rebound rather than a completed breakout.
Meanwhile, the 14-day RSI climbed to 64.41, remaining comfortably above its 50.60 signal average.
That improvement indicated strengthening buying pressure without reaching overbought territory above 70.
The recent advance also produced a sequence of higher lows after June’s sharp decline, reinforcing the recovery structure.
However, SOL still needed to reclaim $88.10 before opening the path toward the major resistance near $100.87, where sellers had repeatedly regained control during previous rallies.
Source: TradingView Can the $80 liquidity zone spark chaos? The Liquidation Heatmap identified the largest concentration of leveraged liquidity around $80. This places the biggest liquidation pocket less than 2% below SOL’s market price.
The positioning created a fragile setup because any decisive break beneath support could rapidly increase selling pressure.
If bears force a 5% decline over the weekend, SOL would likely fall toward $77.20, sweeping through the $80 liquidity cluster before reaching additional liquidation pockets below.
Such a move could trigger cascading long liquidations as leveraged positions closed automatically and added fresh sell orders into the market.
Since 64.71% of Binance’s top trader accounts already held long positions, crowded bullish exposure increased the probability that losing $80 would amplify volatility instead of producing an orderly correction.
Source: CoinGlass Can SOL defend $80 and continue higher? SOL appeared more likely to extend its recovery than suffer an immediate rejection because it had already reclaimed $80 and continued attracting aggressive leveraged positioning.
However, that bullish structure depended on holding the $80 support.
Since the largest liquidation cluster sat directly beneath the current price, a break below that level could quickly trigger cascading long liquidations.
Unless bears forced SOL below $80, the path toward $88.10 remained the more probable near-term outcome.
Final Summary SOL reclaimed $80 while whale activity and trader positioning continued favoring further upside. Heavy long positioning leaves Solana’s $80 support critical for preventing cascading liquidation pressure.
The race between Solana and XRP has been going on for a long time. Today, XRP ranks sixth with a market cap of $69.12 billion, while Solana follows in seventh with $47.42 billion.
This trail has left investors wondering whether Solana can flip the XRP market, and if yes, when?
So, based on on-chain activity, DeFi, TVL, revenue generation, and institutional adoption, we have concluded this analysis.
Solana Vs XRP In Network ActivityStarting with network activity, data from Token Terminal shows that Solana currently records around 3.3 million daily active addresses, making it the second most-used Layer-1 blockchain with nearly 23% market share.
On the other hand, the XRP Ledger currently records around 15,000 to 16,000 daily active addresses. Although that number recently increased to between 23,000 and 39,500 during periods of higher network activity, it is still far behind Solana.
This shows that Solana already has a much larger user base, which could support long-term ecosystem growth.
Transactions, Fees, And Revenue GrowthIt is not just active users where Solana leads, it sees a larger gap when looking at transaction activity.
Token Terminal data shows that Solana handles roughly 299 million daily transactions, giving it nearly 42% market share, while also generating around $617,300 in daily network fees.
In comparison, the XRP Ledger only handles 1.7 million daily transactions and generates only around $1,900 in daily transaction fees.
The same trend appears in protocol revenue.
Since the beginning of 2026, Solana has generated around $36.7 million, making it the third-highest revenue-generating blockchain behind Ethereum and Tron. During the same period, the XRP Ledger generated about $766,900.
Solana Also Leads in DeFi GrowthAnother area where Solana holds a clear advantage is decentralized finance.
According to DefiLlama, Solana currently has more than $5 billion locked across DeFi protocols, compared with just $38.6 million on the XRP Ledger.
Although Solana’s TVL has dropped from nearly $9 billion earlier this year, it remains far ahead of XRP.
XRP Still Has One Big AdvantageWhile Solana dominates most on-chain metrics, XRP continues to lead in institutional adoption.
Ripple now holds nearly 75 regulatory licenses worldwide and works with major financial institutions like SBI Holdings, Santander, PNC Bank, CIBC, and Aviva Investors. These companies use Ripple’s network for cross-border payments and tokenization, giving XRPL strong institutional backing.
XRP is also leading the ETF race. Spot XRP ETFs have attracted around $1.49 billion in cumulative net inflows, compared with $1.14 billion for Solana ETFs.
Now the big question how much does Solana need to flip XRP?
How Much Does Solana Need To Rally?Looking at the current numbers, Solana needs to climb to around $119, nearly a 46% jump from its current price of $81, if XRP remains trading around its current level of $1.10.
However, a price rally alone may not be enough. To flip XRP’s market cap, Solana also needs stronger network growth, higher user activity, and continued institutional demand.
Story Ends Here
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TLDR:Jupiter Trailing Stop Loss Adds Dynamic Protection to Limit OrdersJupiter Expands Solana Trading Tools With Automated Risk Management Jupiter Trailing Stop Loss uses percentage-based triggers instead of fixed stop prices for limit orders. The stop level rises with price gains and never moves lower during an active trading position. The feature supports SPL and Token-2022 assets, excluding transfer-fee token standards only. SolanaFloor highlighted the launch after Jupiter confirmed zero extra fees for the new trading tool. Jupiter has introduced a new Trailing Stop Loss feature for its Limit Orders, giving traders a way to protect gains as prices climb. The update replaces fixed stop prices with a dynamic percentage trail that adjusts upward alongside market moves.
The feature aims to reduce the risk of profitable positions turning into losses during sharp reversals. It expands Jupiter’s trading toolkit while keeping the existing limit order experience intact.
Jupiter Trailing Stop Loss Adds Dynamic Protection to Limit Orders The new feature allows users to set a percentage trail instead of a fixed stop price. Traders can choose any value between 0.5% and 90%. The stop level automatically moves higher whenever the asset reaches a new high.
The trigger does NOT move lower (downward) like a stop loss. This allows traders to stick to the trend when it is rising and still keep some of the profits they have yet to realize. When the market turns the other direction by the selected percentage, the order automatically fills.
Say Goodbye to Roundtripping 👋
Introducing Trailing Stop Loss, the newest tool in Jupiter Limit Orders.
Old Stop Loss: You buy SOL at $50, set a stop at $45. SOL pumps to $90.
If it dumps, your profits roundtrip into a loss.
Trailing Stop Loss goes up with the price,… pic.twitter.com/RoDXq65ntS
— Jupiter (@JupiterExchange) July 3, 2026
Jupiter explained the update through its official X account using a simple trading example. A trader buying SOL at $50 could see the asset climb to $90. Instead of keeping the original stop at $45, the trailing mechanism would move the stop upward to about $81 before a reversal triggered a sale.
According to Jupiter, the feature works across all SPL tokens and Token-2022 assets except transfer-fee tokens. The exchange also said traders will not pay additional fees to use the new functionality within Limit Orders.
Jupiter Expands Solana Trading Tools With Automated Risk Management The announcement first gained attention after SolanaFloor highlighted the launch on X. The publication noted that the feature focuses on protecting profits rather than only limiting downside risk. That distinction makes the tool different from conventional stop loss strategies.
NEW: @JupiterExchange has launched Trailing Stop Loss for Limit Orders, allowing users to set a percentage trail that moves up with price and automatically sells if the asset reverses, helping protect gains instead of only limiting losses. pic.twitter.com/IqJ88QtSvY
— SolanaFloor (@SolanaFloor) July 3, 2026
Traditional stop losses remain fixed unless users manually adjust them. During fast rallies, traders often face the challenge of watching profitable positions return to their entry point or below. A trailing stop automates that adjustment without requiring repeated changes.
Jupiter described the feature as a way to prevent what traders often call “roundtripping.” Instead of allowing gains to disappear during a market reversal, the stop follows the asset higher until the selected percentage threshold is reached.
The order then executes automatically according to the preset conditions. The rollout strengthens Jupiter’s growing suite of on-chain trading tools for the Solana ecosystem.
The update offers traders another automated risk management option while maintaining compatibility with supported Solana token standards. The feature is now available through Jupiter Limit Orders without introducing extra trading fees.
Following President Trump’s financial disclosures of about $1.4 billion in crypto income from memecoins in 2025, Sen. Kirsten Gillibrand has called for a ban on Congress members and their spouses promoting or issuing crypto memecoins.
In an interview with Bloomberg at the Solana Accelerate conference in Miami, the New York-based Democrat said stricter ethics laws should be in place before legislators proceed with crypto laws.
Gillibrand Says Ethics Rules Must Be Part of Crypto Bills However, Gillibrand said that she is hopeful the Clarity Act can proceed through the Senate Banking Committee in the coming two weeks. She added that Democrats are demanding that major issues be addressed before they’re willing to provide more support.
The current discussions are centered on the yields of the stablecoins, the steps that must be taken to prevent illegal financing, and the ethics clause that would bar government officials from creating or promoting cryptocurrencies.
Gillibrand says the conflict-of-interest rules are even more critical now that Trump has made his latest financial disclosure.
She said that the public officials should not have a conflict of interest when it comes to making decisions that impact the crypto industry. The debate has reignited and is now driving current discussions of digital asset laws with a focus on ethics.
Trump’s Memecoin Earnings Denial Draws Fresh Attention The push comes after President Trump disclosed in his financial report that he had about $1.4 billion in crypto-related income.
Trump launched the $TRUMP memecoin just before his second presidential swearing-in ceremony this past year. The project would go on to become one of the most hyped crypto launches and reportedly rake in hundreds of millions of dollars for the Trumps.
The project was very profitable for the team behind it, but hundreds of people lost millions in their investment, as the memecoin has dropped 97% in the past 18 months.
$TRUMP token price President Trump recently mentioned to press that those profits were not illegal and says that outside investment organizations manage his investments.
He also defended his income by mentioning the broader stock market rally, in which many investors found themselves benefiting from the rising markets. But the worries about potential conflicts of interest have kept politics in Washington alive with lawmakers divided on the addition of ethical rules in the upcoming Clarity Act bill.
If you’re interested in finding new crypto coins worth watching out, check out our newly launched cryptos page for more information.
TLDR Bitcoin whales bought more than 270,000 BTC worth about $16.7 billion over the past two weeks. U.S. spot Bitcoin ETFs recorded $4.06 billion in June outflows, marking their worst month since launch. The ETF outflows pushed 2026 flows negative before the funds recorded a $221 million inflow on Thursday. Bitfinex analysts said whale accumulation and institutional selling have appeared near past Bitcoin cycle lows. Solana outperformed major crypto assets after rising about 15% since early June. Bitcoin whales bought $16.7 billion in BTC during two weeks, even as U.S. spot Bitcoin ETFs lost $4.06 billion in June. The record ETF bleed pushed 2026 flows negative, but Thursday brought a $221 million inflow. Therefore, the market showed a clear split between institutional selling and whale accumulation.
Bitcoin Whales Absorb ETF Selling Pressure Bitcoin whales added more than 270,000 BTC over two weeks, according to Bitfinex analysts. Bitcoin whales bought while U.S. funds faced their worst month since launch. The buying reached about $16.7 billion at Bitcoin’s $62,055 price.
Bitcoin whales moved against the ETF trend as spot demand stayed weak. Bitfinex said the spot premium remained negative during the buying period. That signal showed U.S. spot desks did not drive the accumulation.
Bitcoin whales often accumulate when weaker holders sell near cycle lows. Bitcoin whales also reduce liquid supply when they move coins into long-term wallets. However, ETF outflows showed institutions still cut exposure during June.
Solana Gains While Bitcoin Whales Build Positions Solana moved in the opposite direction from most large crypto assets. SOL rose about 15% since early June despite Bitcoin hitting 21-month lows. The token gained support from upgrades and stronger network activity.
Tokenized real-world asset transfers on Solana rose 120% to $8.53 billion. That growth helped SOL outperform while Bitcoin whales focused on BTC accumulation. Bitfinex analysts called the market split a “familiar one.”
They said altcoins often fall before Bitcoin and recover before Bitcoin. Still, Bitcoin whales kept their attention on BTC during the ETF selloff. The pattern showed different groups taking different risks across crypto markets.
Optimism Falls as Bitcoin Whales Signal Market Stress Optimism and other layer-2 tokens traded near record lows. Base dropped Optimism’s shared technology, and that move weakened the fee-capture case. As a result, traders reduced exposure to several Ethereum scaling tokens.
Meanwhile, Bitcoin whales continued to absorb supply from sellers. Bitcoin whales created a sharp contrast with institutions that exited ETFs. Bitcoin whales have shown similar behavior near past recovery phases.
The next U.S. inflation reading now carries major weight for crypto markets. May inflation reached 4.2%, although Kevin Warsh said inflation risks had eased. A softer print could change rate expectations before the Fed meeting.
Upbit will add Metaplex (MPLX) for BTC and USDT pairs and Nexus (NEX) for a USDT pair on July 3. Metaplex assists in creating infrastructure for digital assets based on the Solana blockchain, and Nexus builds a Layer 1 blockchain. Upbit, South Korea’s largest cryptocurrency exchange platform, announced the listing of Metaplex (MPLX) and Nexus (NEX). MPLX will be available to trade with BTC and USDT trading pairs on the Solana blockchain platform. NEX will be listed in the USDT market on the Ethereum network. Deposits and withdrawals will start two hours from the time of the announcement.
Scheduled Launch of MPLX and NEX Upbit has announced that MPLX will begin trading at 3:00 PM local time on July 3. Trading for NEX will be launched by the exchange at 6:00 PM local time on July 3. The users have been asked to ensure that deposits happen only through the supported blockchain networks, as deposits made via unsupported networks will not be credited. Upbit has also mentioned that insufficient liquidity may lead to delayed trading due to unfavorable market conditions.
The platform implemented temporary trading restrictions to ensure smooth market operations after listing these two cryptocurrencies. Upbit has put a restriction on buying orders in the first five minutes after trading. All orders, except limit orders, will not be available for 2 hours after listing. Upbit has put a restriction on selling orders that are at least 10% below the previous close price.
Metaplex and Nexus Extend Their Infrastructure Services Metaplex is an infrastructure protocol for digital assets with NFT support, token minting, metadata handling, and mass asset creation in the Solana and Solana Virtual Machine blockchain networks. This protocol allows the standardization of metadata of the assets along with NFT collections, compressed NFTs, and token drops using various ecosystem services. Metaplex also unveiled Agent Registry and Agent Tokens, extending the infrastructure of Metaplex in the direction of on-chain identity registration and token creation. MPLX tokens allow participating in governance, managing treasuries, and certain ecosystem services in the Metaplex DAO.
Nexus builds a Layer 1 blockchain by incorporating verifiable computation capabilities with finance use cases. This network leverages Cosmos SDK, CometBFT, and Ethereum-based smart contracts together with Nexus zkVM for the verification of computing resources from outside the chain. Nexus is also going to extend its ecosystem via Nexus Exchange and the USDX settlement ecosystem. The NEX tokens act as the native gas tokens of the network while staking and compensating computation providers. Upbit also advised users that their deposits should be in compliance with the Travel Rule.
Highlighted Crypto News:
Binance Joins Philippines Sandbox as SEC Approves BlockShoals Strategic Testing Program
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Tokenization platform Securitize rallied on its New York Stock Exchange debut on Thursday, as it brought tokenized versions of its shares to two blockchains.
The company, which is backed by BlackRock and Morgan Stanley, began trading on the NYSE under the ticker SECZ on Thursday after merging with a Cantor Fitzgerald-backed special-purpose acquisition company to take it public.
Securitize said Thursday that it simultaneously launched tokenized versions of its shares on the Avalanche and Solana blockchains, which will be available to eligible US investors on its platform.
It marks the first time a newly public company has also offered tokenized stocks, an area of crypto technology that has quickly gained attention among major institutions drawn to the idea that it can bring deeper liquidity and longer trading hours.
Securitize has carved out a lead in the tokenization space for institutions. It partnered with the NYSE in March to create tokenized assets for the exchange’s upcoming tokenized securities platform.
US laws allow for tokenized stocks, Securitize saysSecuritize said that tokenizing its stock demonstrates that tokenized securities “can be issued and accessed in the US under existing securities laws and market structure,” adding that access will be subject to onboarding, eligibility, and customer ID and money-laundering checks.
“We have long said that public equities are moving on-chain, and there is no stronger validation of that belief than tokenizing our own public stock on Day 1,” said Securitize co-founder and CEO Carlos Domingo.
“SECZ is not a synthetic token or offshore wrapper. It is issuer-sponsored tokenization of the same common stock trading on the NYSE, made available through regulated infrastructure,” he added. “This is how tokenization should scale: with real ownership, regulatory clarity and the issuer at the center.”
The US Securities and Exchange Commission clarified in January that issuer-sponsored tokenized securities are still subject to US securities laws.
In mid-May, the SEC was reportedly ready to announce an exemption for the trading of tokenized stocks, but delayed the plan later that month after stock exchange officials raised concerns over how it would be implemented.
Securitize shares rise on debutShares in Securitize (SECZ) hit a high of $13.70 in trading Thursday but retracted slightly and ended the day at $12.30, a gain of 4.4%. The share price continued to climb 2.4% after-hours to $12.60.
Securitize ended its debut trading day on Thursday at a gain of nearly 4.5%. Source: Google Finance
Securitize raised $400 million from its public offering at a valuation of more than $1 billion.
The market for tokenized real-world assets currently exceeds $43 billion, the majority of which is tokenized money market funds, while tokenized commodities account for nearly $7 billion and tokenized stocks account for $1.6 billion, according to Token Terminal.
Analysts expect the tokenization market to grow quickly in the coming years, with Citigroup predicting last month that it could grow to between $5.5 trillion and $8.2 trillion by 2030.
Big Questions: Do we really only need 2–5 cryptocurrencies?
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Securitize Corp. began trading on the New York Stock Exchange on Thursday, July 2, 2026 under the ticker SECZ, making it the first newly public company to bring its own stock onchain at the start of its life as a listed entity.
The listing resulted from a merger with Cantor Equity Partners II, a SPAC that raised approximately $400 million and valued Securitize at $1.25 billion pre-deal. About 71% of the SPAC's cash pool remained in the merger rather than being withdrawn by investors – a signal of relative sponsor confidence in the deal structure at a time when many crypto-adjacent listings have stalled.
Shares rose roughly 3% on debut after pre-market trading saw SECZ fall briefly below its IPO price.
The onchain debut
On the same day as its NYSE listing, Securitize made tokenized versions of its common stock available to eligible US investors through its regulated platform, initially on Avalanche and Solana. The company claims this makes SECZ the world's largest tokenized stock at launch, based on expected shareholder participation, it said in a statement.
Tokenized SECZ is designed to represent the same common stock trading on the NYSE, not a separate share class. Tokenization changes the form of ownership; it does not alter the underlying share rights or override legal and transfer restrictions. Access on the platform requires standard KYC/AML checks and jurisdictional eligibility verification.
Carlos Domingo, co-founder and CEO of Securitize, framed the move as a deliberate statement of confidence in the regulatory pathway his firm has built. "SECZ is not a synthetic token or offshore wrapper," he said in a press release. "It is issuer-sponsored tokenization of the same common stock trading on the NYSE, made available through regulated infrastructure. This is how tokenization should scale: with real ownership, regulatory clarity and the issuer at the center."
Brett Redfearn, Securitize's president, was more direct at the NYSE bell ceremony: "We're at a tipping point in tokenization."
Context: a patchy year for crypto listings
Securitize's debut stands out against a broader slowdown in crypto-adjacent IPOs. Circle completed its IPO in June 2025, followed by Gemini in September 2025 and BitGo in January 2026. But the anticipated wave has not materialized. Kraken put its multibillion-dollar IPO on hold in March 2026, citing hostile market conditions, according to CoinDesk. Tokenization-focused listings have faced particular skepticism given the nascent state of secondary market infrastructure for digital securities.
That context makes Securitize's simultaneous onchain launch commercially significant. It is not just a public company listing—it is a proof of concept for issuer-sponsored tokenization at scale, with the same asset existing on a traditional exchange and on-chain rails from day one.
The 24/7 question
The NYSE partnership announced in March 2026 is worth revisiting here. Under that agreement, Securitize became the exchange's first digital transfer agent for tokenized securities, and both parties outlined plans for a 24/7 trading platform for tokenized equities. That would represent a structural departure from current US equity market hours, which run roughly 9:30 a.m. to 4 p.m. Eastern on weekdays. A closing bell ceremony is scheduled for July 6.
Securitize currently manages over $4 billion in assets under management across tokenized funds, including the BlackRock BUIDL tokenized money market fund. The firm counts Apollo, BNY, Hamilton Lane, KKR, and VanEck among its partners. In 2024, BlackRock led a $47 million investment into the company.
The dual-nature of SECZ – living on both blockchain infrastructure and a traditional exchange – creates compliance and operational questions that the market has not yet stress-tested at scale. How tokenized SECZ behaves relative to its NYSE counterpart around corporate actions such as dividends or stock splits remains to be seen.
Securitize has made history by becoming the first newly public company to debut on the New York Stock Exchange and simultaneously launch tokenized versions of its own shares on both Avalanche and Solana, opening a new chapter for blockchain-based equity markets.
A Landmark Day for Tokenized Equities Securitize began trading on the NYSE on July 2, 2026, under the ticker SECZ, following the completion of its merger with Cantor Equity Partners II. Shares opened at $12.45 and closed the day at $12.30. The listing also came with an unusual twist: on the very same day, the company tokenized approximately $295 million of its Class A common stock on Solana and Avalanche, making it what the company describes as the largest issuer-sponsored tokenized stock ever launched at debut.
The tokens are intended to represent the same common stock trading on the NYSE rather than a synthetic product, offshore wrapper, or separate share class. Access to tokenized SECZ requires onboarding, identity verification, and KYC/AML checks, the same compliance process that applies to any regulated securities platform.
CEO Carlos Domingo framed the move as a statement of intent. "Bringing SECZ onchain is not just a milestone for Securitize," Domingo said. "It is a blueprint for public companies that want to use tokenization to create more efficient, transparent and useful ownership experiences for their shareholders."
What It Means for the Broader Market Securitize, a tokenization specialist backed by BlackRock and ARK Invest, is no newcomer to the space. The company manages more than $4 billion in tokenized assets and counts Apollo, BlackRock, BNY, Hamilton Lane, KKR, and VanEck among its asset manager partners. Earlier this year, NYSE parent company Intercontinental Exchange (ICE) partnered with Securitize to develop infrastructure for tokenized equities.
The choice of two blockchains rather than one is deliberate. Avalanche has developed subnet infrastructure specifically for regulated financial applications, while Solana's speed and low transaction costs make it attractive for high-frequency settlement scenarios. Company executives say the dual-chain approach enables 24-hour trading and broader global access to SECZ shares, and have suggested that tokenized IPOs could become common within the next year.
The move comes amid growing efforts to bring public equities onto blockchain rails, as Wall Street embraces tokenization and the debate over tokenization models intensifies. Citi has projected that tokenized securities could reach $5.5 trillion by 2030, while Boston Consulting Group and Ripple estimated the market could grow to $18.9 trillion by 2033.
Sources:
CoinDesk: Securitize Tokenizes $295M of Its Own Stock on Solana and Avalanche Amid NYSE Debut
Decrypt: Securitize Begins Trading on NYSE as Tokenized Shares Land on Solana, Avalanche
TheStreet Crypto: Securitize Brings Its Own Stock Onchain on Solana at NYSE Debut
Crypto influencer Ansem (@blknoiz06) has laid out an ambitious goal for his $ANSEM token, framing it not simply as a speculative asset but as a tool for bringing ordinary users into crypto.
Speaking on a recent podcast, Ansem said the driving purpose behind the token is onboarding. "If I can get a million holders of this coin that I can direct to real things on chain, teaching them how to trade better, teaching them about stablecoins, that's what I really want to use it as, a funnel to onboard people into important things," he said.
One Million Holders, One Clear GoalAnsem argued that profitable onchain events naturally attract fresh capital and attention, and he wants to channel that momentum constructively. His target is a community of one million holders, whom he plans to guide toward practical blockchain applications including stablecoins and decentralised trading.
He also addressed the question of accountability, arguing that controlling the token supply gives him greater responsibility than simply promoting projects run by anonymous developers, a dynamic he has previously acknowledged can lead to misaligned incentives.
Ansem has already airdropped roughly $7 million worth of $ANSEM to Solana users and said he will continue distributing tokens as the price rises in a push to grow the holder base toward that one million target. The primary catalyst behind the token's momentum has been his commitment to redistribute Pump.fun creator fees to the community through weekly random airdrops, rather than launching a separate personal token.
Token Background and Market Performance The dominant version of the token, branded "The Black Bull," was launched on Pump.fun around June 17, 2026, with a developer spending roughly $6,300 to create it before transferring 650 million tokens to Ansem's wallet. Ansem did not originate the token but later embraced it rather than launching his own coin.
$ANSEM has risen more than 75,000% over the past seven days, significantly outperforming the broader cryptocurrency market. At the time of writing, the token was trading around $0.18 and had gained roughly 15% in the prior 24 hours. Market capitalisation stood above $73 million, based on approximately 420 million tokens in circulation.
Rugcheck.xyz has flagged a risk of market manipulation due to a large concentration of tokens held in one or more unidentified wallets. Multiple tokens share the ANSEM name, liquidity remains relatively limited, and wallet concentration could contribute to heightened volatility. Users should verify token contracts and understand the associated risks.
Sources
The Defiant: Ansem Airdrops $7M of $ANSEM Memecoin in Bid to Reach 1M Holders
CoinGecko: The Black Bull ($ANSEM) Live Price and Market Data
Crypto Briefing: Solana Daily Token Launches Hit 80-Day High as ANSEM Memecoin Debuts
Upbit and Bithumb, two of South Korea’s leading cryptocurrency exchanges, announced new trading support for Metaplex (MPLX) and Nexus (NEX). However, following its initial announcement, Upbit stated that it had changed the trading start times for both assets.
Accordingly, the trading start date for Metaplex (MPLX), previously scheduled for July 3, 2026 at 3:00 PM, has been postponed to 7:00 PM, while the start time for Nexus (NEX), previously announced as 6:00 PM, has also been moved to 7:00 PM.
According to Upbit’s announcement, MPLX will be traded on the Solana network for BTC and USDT, while NEX will be traded on the Ethereum network for USDT. Deposits and withdrawals for both assets are planned to open within two hours of the announcement’s release. The exchange also stated that the trading start time may be postponed again if sufficient liquidity is not available.
The new listings will also implement various trading restrictions for users. Accordingly, buy orders will be restricted for approximately 5 minutes after the trade opens. During the same period, sell orders cannot be placed at levels more than 10% below the previous day’s closing price. In addition, all order types except limit orders will be temporarily restricted for the first two hours.
Bithumb also announced on the same day that it would add MPLX and NEX to its South Korean won (KRW) market. According to the exchange, MPLX trading was scheduled to begin at 3:00 PM on July 3rd, and NEX trading at 6:00 PM on the same day. Bithumb shared a reference price of 32.09 won for MPLX and 0.0028 won for NEX.
Metaplex is among the prominent projects offering NFT and token infrastructure within the Solana ecosystem, while Nexus stands out as a layer-1 blockchain project combining verifiable computing infrastructure with financial applications. Following their listings, both assets are expected to be closely watched in the South Korean market.
*This is not investment advice.
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Luka Modrić, arguably the greatest Croatian footballer ever to lace up boots, has dropped the kind of teaser that sends both sports media and crypto speculators into overdrive. “It’s not the time to talk about that now,” the midfielder said about his future. “You will know soon.”
From the pitch to the blockchain Modrić left Real Madrid on May 22, 2025, closing the book on a 13-season run. Multiple Champions League titles, individual awards including the Ballon d’Or, and the kind of midfield vision that made highlight reels feel inadequate.
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Since his departure from Madrid, reports have linked him to AC Milan, though the bigger story for crypto audiences is a different kind of partnership entirely. On April 9, 2026, Modrić was announced as a global brand ambassador for CoinW, the crypto exchange.
Real Madrid president Florentino Pérez has also reportedly expressed interest in offering Modrić a post-playing role at the club. Reports from June 2026 indicate Modrić is leaning toward calling it quits after the 2026 FIFA World Cup, which would coincide with his 41st birthday in September of that year.
The $MODRIC token situation Several Solana-based meme coins have already appeared under the $MODRIC ticker. None of them are affiliated with the player. None of them carry any official endorsement. And all of them have market caps generally sitting below $100K.
This pattern has become almost formulaic in the meme token space. A celebrity says something ambiguous, token creators rush to Solana’s low-fee infrastructure, pump.fun or a similar launchpad spits out a coin, and early buyers hope for a momentum trade before liquidity evaporates. The $MODRIC tokens are following this playbook precisely.
The lack of any connection to Modrić himself means there’s no fundamental floor, no utility, no roadmap. Modrić hasn’t endorsed these tokens. He likely doesn’t know they exist. Yet retail traders are buying them anyway, because the name recognition alone is enough to generate speculative interest.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The historic volatility of cryptos once again reminded market operators that short-term certainties do not exist in this universe. This Thursday, July 2, the ecosystem recorded a technical reversal, inflicting dry financial losses on investors positioned short. Indeed, this sudden surge, occurring after several days of bearish pressure, redefines the short-term price dynamics for the main market assets. Understanding the mechanisms of such a purge is essential today, as it illustrates the extreme sensitivity of the crypto market to leverage effects and global macroeconomic indicators.
In brief The crypto market rebound triggered a massive liquidation of short positions, with over 600 million dollars wiped out in just 24 hours. Bitcoin, Ethereum, Solana, and XRP saw a clear rebound, driven by a strong short position coverage movement. The latest US economic indicators, notably the slowdown in employment, revived hopes of a Fed monetary policy easing. Shares of major crypto-related companies, like Strategy, Coinbase and Circle, also benefited from this renewed optimism. Bitcoin: cleaning up short positions in the derivatives market The crypto market rebound, after a violent drop, observed over the last 24 hours, completely caught bearish investors’ strategies off guard, causing major price movements and massive losses on derivatives products :
Bitcoin (BTC) surge : the top market crypto surpassed the $62,000 mark for the first time in over a week, reaching a local high at $62,078 after having plunged below $58,000 earlier in the week (a 21-month low). It then stabilized around $61,650, up 3% on the day and 4% on the week ; The scale of global liquidations : the technical purge totaled $602 million in 24 hours, with short positions representing the majority of the carnage with $400 million in net losses ; The case of Ethereum (ETH) : notably, ETH surpassed bitcoin as the top contributor to forced liquidations with $187 million wiped out by its traders, versus $184 million for BTC, taking its price to $1,701 (nearly 5% increase) ; The performances of Solana (SOL) and XRP : Solana jumped nearly 5% for the day to $81, becoming the biggest weekly gainer in the top 10 with over 22% gain. XRP increased over 3% to trade at $1.09. This exceptionally large technical purge demonstrates how quickly forced liquidations can feed into each other. The simultaneous reversal of major altcoins confirms that the market was trapped by an excessive accumulation of highly leveraged short positions, turning a simple technical resistance into a powerful global short position cover rally.
Macroeconomic catalysts and US employment indicators This bullish turnaround in capital markets stems directly from the latest economic releases and the monetary policy directions in the United States. The rebound began following statements by Federal Reserve Chairman Kevin Warsh, who deliberately maintained ambiguity on the institution’s future intentions. Indeed, investors reacted positively when the leader “declined to say whether the agency planned rate hikes, but later this year”.
Following this intervention, interest rate traders now estimate almost equal probabilities regarding the Fed decision to hold or raise rates at the September meeting. However, they still project a 64% probability that a rate hike will occur by the October FOMC meeting.
The upward movement intensified Thursday after the Bureau of Labor Statistics announced that US employers created only 57,000 jobs in June. This figure was much lower than the initial target of 115,000. Moreover, it is a clear decline compared to the revised 129,000 jobs recorded in May.
This marked slowdown in US employment paradoxically boosted global risky assets in particular bitcoin, easing fears of a prolonged monetary tightening by central bankers. While traditional markets reacted mixedly, with the S&P 500 and Nasdaq closing lower and the Dow Jones remaining in the green, the crypto sphere took advantage of this slowdown to initiate its technical relief rally.
Stock market reaction and the surge of Web3-linked stocks The impact of this price rebound was not limited to retail investor portfolios; it also shook the shares of listed crypto sector companies. Michael Saylor’s Strategy, which remains the world’s largest corporate bitcoin holder, saw its stock appreciate nearly 7% to reach $100.
This recovery is all the more significant because the stock had dropped to nearly $80 the previous week. In the same bullish momentum, the American exchange platform Coinbase’s stock rose 3.35% to $165. Circle, issuer of the USDC stablecoin, completed this positive picture by recording a nearly 5% increase to reach $65, showing strong resilience.
However, the future implications of this global movement invite a nuanced analysis of the market’s macroeconomic structure. While this technical rebound validates cryptos’ immediate responsiveness to Fed signals and illustrates the constant danger of leverage for sellers, the overall trend calls for real ethical caution. Taking the necessary perspective, bitcoin still shows a 16 % decline over the last month and trades approximately 52% below its all-time high near $126,000 set in October 2025.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
THEA has raised $8 million in strategic funding to expand its predictive behavioral AI infrastructure and build a Solana-based coordination layer for real-time risk markets.
The round was led by Maven11 Capital, Spartan Group, ManifoldTrading, HackVC and Fisher8 Capital, according to company and market reports. THEA said the capital will be used to scale its operational AI systems and develop THEA Network, an on-chain coordination layer designed to route inference requests, manage accounting and settle transactions on Solana while keeping heavy computation off-chain.
Founded in 2024 and based in the Cayman Islands, THEA describes itself as a predictive behavioral AI network focused on high-volatility environments where decisions carry immediate economic consequences. The company says its AI models are trained on more than 35 billion real-world decision data points and that its applications process more than 400 million inference queries a month across more than 30 jurisdictions. Crypto Briefing reported that THEA serves over 3,000 enterprise customers, while some summaries put the figure at more than 3,500.
THEA’s core business is predictive behavioral intelligence for risk markets. Its models analyze how users, markets and counterparties behave under stress, then generate real-time predictions that clients can use for risk scoring, retention, liquidity management or operational decision-making. The company has said some clients have seen customer-retention improvements of up to 30% using its systems.
Hybrid AI Infrastructure Moves Onchain THEA’s planned Solana layer reflects a growing trend in AI-crypto infrastructure: using blockchains for coordination, settlement and incentives rather than attempting to run large AI computation directly on-chain.
In practice, THEA Network is expected to coordinate requests and economic flows, while the actual inference and data processing remain off-chain. That design matters because AI workloads are computationally intensive and unsuitable for most smart-contract environments. A hybrid architecture can use blockchain rails for transparent settlement, access control, payments or auditability without forcing models to execute inside the blockchain itself.
Solana’s role is tied to throughput and cost. A network handling hundreds of millions of monthly inference requests needs low-latency infrastructure if it wants to coordinate payments, permissions or usage accounting at scale. Solana’s high-speed settlement environment makes it a natural target for projects trying to connect AI agents, data services and financial applications.
THEA has also signaled plans to introduce a utility token that would tokenize access to its autonomous systems. If implemented, that could turn the network into a tokenized access and settlement layer for AI services, although the details of token economics, governance, eligibility and regulatory structure have not yet been disclosed.
Funding Signals AI-Crypto Convergence The investor lineup shows continued venture interest in the intersection of AI, crypto infrastructure and real-world business workflows. Unlike purely speculative AI-token projects, THEA is positioning itself around enterprise risk markets, where predictive systems can be tied to measurable outcomes such as fraud reduction, customer retention, pricing, liquidity and risk control.
That gives the project a clearer commercial narrative, but execution risk remains high. THEA must prove that a Solana-based coordination layer improves performance, transparency or monetization compared with conventional cloud infrastructure. It must also show that tokenizing access to AI systems creates real utility rather than unnecessary complexity.
Regulatory questions will also matter. A network serving clients across more than 30 jurisdictions and operating in risk markets may face scrutiny around data use, automated decision-making, financial-risk modeling and token distribution. If THEA’s systems influence credit, trading, insurance, gaming, prediction or other high-stakes decisions, transparency and compliance will become central to adoption.
The broader market impact is that AI infrastructure is becoming one of the most active frontiers for crypto capital. Solana is increasingly being used not just for DeFi and payments, but also as a settlement and coordination layer for machine-driven networks. THEA’s $8 million round reinforces that shift.
For investors, the key question is whether blockchain-based AI networks can move beyond narrative and deliver production-grade usage. THEA already claims large-scale query volume and enterprise demand. The new funding will test whether those off-chain AI systems can be connected to on-chain settlement in a way that creates durable network value.
Key Highlights Solana has surged more than 10% over the last seven days, currently trading near $80.88 Major crypto investors have expressed bullish sentiment, labeling SOL a “massive opportunity” Forward Industries has grown its Solana holdings to exceed 7.5 million SOL tokens Tokenized money market funds managed by Amundi (€2.4T AUM) launched on Solana through Spiko Critical resistance level identified at $94 (200-day MA); immediate support established at $75.85 Solana has demonstrated impressive strength throughout the past week, climbing more than 10% and currently changing hands around $80.88. The blockchain platform, ranked seventh by market capitalization, has delivered better returns than many competing large-cap cryptocurrencies during this timeframe.
Solana (SOL) Price This upward momentum follows SOL’s successful defense of the $70–$72 price floor, marking the third time this year that buyers have protected this critical support zone. Following each successful defense, bullish traders have driven prices higher, with the latest rally pushing SOL back toward a significant multi-month downtrend line.
Prominent crypto analyst Daan Crypto Trades highlighted this technical development on social media, observing that SOL was making an attempt to reclaim its previous trading range — a consolidation zone where it spent approximately four months. He emphasized that when the price fell through this range in early June, it triggered a sharp 20%+ decline. Now that SOL has successfully reclaimed the $78 threshold, he views this as a possible reversal pattern pointing toward the upper boundary of the range, stating that he’s monitoring for sustained closes around that price level.
$SOL Is attempting to retake its previous range which it spend about 4 months consolidating in.
We were tracking this range and expecting a large move to occur once broken, that did happen at the start of june and was quickly followed by a 20%+ down move.
With price now… pic.twitter.com/75vlaAmZMc
— Daan Crypto Trades (@DaanCrypto) July 2, 2026
Corporate and Institutional Adoption Accelerates Forward Industries has significantly expanded its exposure to Solana, bringing its total treasury position to more than 7.5 million SOL after purchasing over 500,000 additional tokens in its most recent fiscal quarter. This pattern of corporate treasury accumulation mirrors a broader movement among companies embracing digital asset strategies.
🚨BREAKING: Forward Industries (@FWDind) is back to buying $SOL.
The largest Solana treasury by holdings bought over 500K $SOL ($39.5M) in fiscal Q3 at an average price of $79, taking its total holdings to 7.55M $SOL. pic.twitter.com/iGHUJBORPv
— SolanaFloor (@SolanaFloor) July 1, 2026
In another major development for institutional adoption, Spiko has introduced tokenized money market funds operating on the Solana blockchain. These funds are administered by Amundi, the largest asset management firm in Europe, overseeing €2.4 trillion in total assets. This initiative represents meaningful progress in bringing traditional financial instruments onto Solana’s blockchain infrastructure.
On-Chain Metrics Remain Robust Solana’s network maintains its position as one of the most active blockchains, consistently handling approximately 100 million transactions each day. The total value locked across the ecosystem currently stands at roughly $4.8 billion, based on data from DeFiLlama.
Metrics tracking active wallet addresses and net capital inflows have shown notable increases in recent sessions. Simultaneously, open interest in SOL futures contracts has expanded alongside the price rally, indicating that new capital is flowing into derivatives markets.
The increase in short liquidations provides additional evidence of the strength behind this move, as bearish traders who positioned against SOL were compelled to exit their positions as prices climbed.
Technical Analysis and Price Targets Solana successfully breached its 50-day moving average at $75.85, converting this previously resistant level into immediate support. The Relative Strength Index currently reads 63.8, indicating healthy bullish momentum while remaining below overbought conditions.
Source: TradingView The immediate technical challenge lies in the $80–$82 zone, where descending trendline resistance intersects with a previous supply area. A decisive daily close above this region would likely clear the path toward $90, with $100 representing the next psychological milestone.
The more significant technical obstacle appears at the 200-day moving average, currently positioned at $94.07. As of the latest update, Solana was trading at $80.88, reflecting a 4.42% gain over the previous 24-hour period.
Key Highlights Securitize (SECZ) launched on the New York Stock Exchange following a SPAC merger with Cantor Fitzgerald The firm made history by tokenizing its stock on both Solana and Avalanche blockchains on its first trading day Launch day saw $295 million worth of tokenized SECZ shares held by investors The public offering generated $400 million in capital, pushing the company’s valuation beyond $1 billion Industry analysts at Citigroup forecast the tokenization sector could balloon to $5.5 trillion-$8.2 trillion by decade’s end On Thursday, Securitize officially began trading on the New York Stock Exchange with the ticker symbol SECZ. The company’s public market entry came through a combination with a special-purpose acquisition company supported by Cantor Fitzgerald, generating $400 million in proceeds and achieving a valuation exceeding $1 billion.
Securitize Holdings Inc (SECZ) The shares concluded their inaugural trading session with a 4.4% gain, settling at $12.30 after reaching an intraday peak of $13.70. Extended trading hours saw additional momentum, with shares advancing another 2.4% to close at $12.60.
In an unprecedented move coinciding with its market debut, Securitize converted its own equity into digital tokens on both the Solana and Avalanche blockchain networks. This milestone marked the first instance of a newly listed public company tokenizing its stock immediately upon going public.
Blockchain analytics from RWA.xyz revealed that investors possessed $295 million in tokenized SECZ equity on the opening day. According to the company, these digital tokens correspond to the identical common stock available on the NYSE, rather than constituting a distinct security class.
The Unique Nature of This Tokenization Most tokenized equity offerings currently available come from third-party issuers or operate beyond U.S. jurisdiction. Securitize emphasizes that its approach is issuer-sponsored, granting the company direct oversight of the tokenization mechanism.
Qualified U.S. investors can obtain the tokenized equity through Securitize’s digital platform following identity verification procedures and compliance with securities regulations.
“SECZ is not a synthetic token or offshore wrapper,” said CEO Carlos Domingo. “It is issuer-sponsored tokenization of the same common stock trading on the NYSE.”
The U.S. Securities and Exchange Commission announced in January that issuer-sponsored tokenized securities fall under existing U.S. securities regulations. Reports from May indicated the SEC was developing an exemption framework for tokenized equity trading, though the initiative was postponed following objections from traditional exchange operators.
Securitize’s Position in Tokenization Infrastructure Established in 2017, Securitize has developed tokenization technology for leading financial institutions such as BlackRock, Apollo, KKR, Hamilton Lane, and VanEck.
The platform counts BlackRock and Morgan Stanley among its institutional investors.
In March, Securitize formed a strategic alliance with Intercontinental Exchange, the parent organization of the NYSE, to build infrastructure supporting tokenized equity securities. Additional partnerships with transfer agents Computershare and Continental aim to facilitate blockchain-based share issuance for public corporations.
Current Market Landscape The aggregate value of tokenized real-world assets has surpassed $43 billion. Tokenized money market instruments dominate this space, while tokenized commodities represent approximately $7 billion and tokenized equities account for $1.6 billion, based on Token Terminal data.
Citigroup’s recent analysis suggests the tokenization industry could expand to a range of $5.5 trillion to $8.2 trillion by 2030. Boston Consulting Group and Ripple offer an even more optimistic projection, estimating $18.9 trillion by 2033.
Securitize’s market entry establishes it as a significant participant in this anticipated expansion, with its own equity immediately accessible on two leading blockchain platforms from the outset.
Ethereum price climbed 6% to $1,713 as the wider crypto market recovered. Bitcoin’s move above $62,000 lifted sentiment across major tokens. Solana, XRP, Cardano, and Dogecoin also gained, adding momentum. Traders now watch whether stronger demand can push ETH toward $2,000 next week amid improving risk appetite and volume signals.
Crypto Market Recovery Fuels Fresh Demand The crypto market rose 2.71% in 24 hours, pushing its value to $2.14 trillion. That action gave traders renewed confidence following a number of poor performances.
Bitcoin price outlook also fluctuated around the level of $62,000, which contributes to the broader recovery. Bitcoin strength, as usual, boosted demand in major altcoins.
Ethereum price rose by almost 10% throughout the week, with more robust short-term momentum. Solana price has also risen 18%, and Cardano and XRP prices rebounded.
Meanwhile, short sellers were under intense pressure as prices were reversed. Short positions were liquidated to the tune of about 281 million in the market.
US Iran Peace Talks Improve Sentiment ETH price was also boosted by the relaxed tensions in the Middle East. It was reported that the US officials suspected that Israel might attack Iranian negotiators.
The suspected targets included Abbas Araghchi and Mohammad Bagher Ghalibaf. The two personalities were associated with delicate negotiations between Iran and Washington.
US officials allegedly warned Iran using regional intermediaries. They feared any strike could end talks and restart the conflict.
But market response is now indicating that traders perceive reduced war risk. The oil prices fell to a 4-month low.
The fact that the oil prices are lower can ease the issue of inflation in all their markets worldwide. Thus, the risk assets tend to appreciate as the energy pressure begins to diminish.
🇺🇸🇮🇷 Tanker traffic through the Strait of Hormuz over the past 24 hours shows a clear split
The majority of vessels using the Iranian route are either headed to, or leaving Iran.
Whilst tankers traveling elsewhere are using the Omani route, which is still being protected by U.S…
— Mario Nawfal (@MarioNawfal) July 3, 2026
Tanker traffic through the Strait of Hormuz still remains below normal. However, markets seem not to be so concerned about the broader war in the region.
This reduced waving contributed to the crypto prices gaining momentum more effectively. Consequently, further peace development would be beneficial to Ethereum price.
ETF Inflows Support Ethereum Price Outlook ETF flows added another reason for a possible Ethereum price rally. Spot Ethereum ETFs had their first inflows since mid-June.
The products had faced a difficult period during June. The net outflows amounted to approximately 529 million during the month.
However, July opened with stronger demand from investors. Spot Ethereum ETFs experienced net inflows of 14.9 million on July 1.
Bitcoin Spot ETFs See $222M Net Inflow After 10-Day Outflow Streak
On July 2 (ET), Bitcoin spot ETFs recorded a total net inflow of $222 million, turning positive after 10 consecutive days of net outflows. Ethereum spot ETFs recorded a total net inflow of $29.08 million. pic.twitter.com/LP3UjuQPJV
— Wu Blockchain (@WuBlockchain) July 3, 2026
The improvement continued on July 2, with another $29.08 million entering Ethereum ETFs. That demonstrated that demand was coming back following weeks of strain.
Spot ETFs that track Bitcoin also became positive following ten consecutive outflow days. They recorded $222 million in net inflows on July 2.
Ethereum Price Analysis: Key Levels To Watch The Ethereum breached the $1,700 mark following consistent purchasing in the short-term market. The shift brought ETH close to one of the resistance points, and now, the next target is $1,800.
The MACD is also bullish, with the blue line on top of the signal line. The histogram remains positive as well, indicating that upward pressure is still active. With this strength, the full ETH forecast report may first test $1,800 before it moves any further toward $2,000.
In the meantime, RSI is close to 71, indicating an overbought region. This reading presents a great momentum.
Source: ETH/USDT 4-hour chart: Tradingview On the downside, $1,700 now serves as the first support level. Any fall below that level might reveal $1,600 once more. With the increased selling, ETH can revisit the $1,560 demand zone before attempting another recovery.
G2 Esports and Top Esports traded blows for 40 grueling minutes on July 3 before G2 clawed back to level their best-of-five series at the Mid-Season Invitational 2026 Bracket Stage.
For the crypto crowd, G2 isn’t just another esports logo. This is the organization that made one of the most quietly impressive digital asset trades in the industry’s history, turning a roughly €3.2 million bet on Solana into approximately €16 million in profit.
What happened on the Rift The MSI 2026 Bracket Stage features some of the best League of Legends teams on the planet in a best-of-five elimination format. G2 Esports, Europe’s perennial contender, drew Top Esports, one of China’s most formidable squads.
The decisive game stretched to roughly 40 minutes. Most professional matches wrap up somewhere between 25 and 35 minutes.
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G2’s crypto playbook: Solana, Bondly, and Betpanda In 2023, the organization invested approximately €3.2 million into Solana tokens. At the time, SOL was still recovering from the FTX implosion that had cratered its price and reputation.
By early 2024, they cashed out for roughly €16 million, nearly quintupling their money on a token that much of the industry had left for dead.
The org had previously partnered with Bondly, an NFT platform, during the peak of the NFT craze. That relationship soured badly enough that G2 filed a lawsuit against Bondly in 2022 over what they described as a failed partnership.
G2 currently maintains a deal with Betpanda, a crypto-native betting platform.
The crypto-esports gap is widening What’s notable about MSI 2026 is what’s missing. There are no cryptocurrency sponsors dominating the broadcast. No blockchain activations being promoted between games. No NFT drops tied to in-game moments.
Top Esports has no reported ties to any cryptocurrency or digital asset company.
What this means for investors G2’s Solana trade is a case study in what happens when a non-traditional investor reads macro conditions correctly. They bought SOL when it was radioactive and sold when the recovery was in full swing. The roughly 5x return speaks for itself.
G2’s Betpanda sponsorship shows that deals are still being done. Crypto betting platforms represent one of the few categories still actively spending in esports.
For Solana specifically, G2’s exit in early 2024 was well-timed relative to the broader market cycle. SOL had staged a remarkable comeback from its post-FTX lows, and G2 took profits rather than getting greedy.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin climbed above the $61,000 mark and the recovery was led by macro data, as weaker U.S. jobs numbers increased expectations that the Federal Reserve may shift toward a less restrictive policy stance. The cryptocurrency was trading at $61,739 mark.
In the past 24 hours, Bitcoin was up 2.80% and Ethereum was up 6.24% to trade at $1,716 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, and Cardano gained upto 6.68%.
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Riya Sehgal, Research Analyst, Delta Exchange said the move is still a relief rally, not a confirmed reversal. For Bitcoin, $62,200 is the first resistance. A sustained move above this level can open room toward $64,000–$65,000.
ETF flows have improved for Bitcoin but remain uneven, while Ethereum ETF flows are largely flat, Sehgal further said. Bitcoin picked up to $62,000 after whales added 270,000 BTC, forcing $130M short losses and the fear and greed index has risen to 22, as the market sentiments improve but still remain under fear, said CoinDCX Research Team.
The global crypto market capitalisation went up 2.64% to $2.13 trillion, according to CoinMarketCap.
In the past week, Bitcoin and Ethereum were up 1.97% and 8.68% respectively. Among the major altcoins, XRP, Solana, Hyperliquid, Dogecoin, and Cardano gained upto 14.91% whereas BNB and Tron were down 1.25% and 1.15% respectively.
CoinSwitch Markets Desk said BTC staged a rebound towards $62K, driven primarily by a short squeeze. However, the broader backdrop remains mixed. Institutional demand remains weak due to persistent ETF outflows, while higher bond yields continue to compete with risk assets.
The next major directional move will likely depend on macroeconomic conditions, institutional flows, and whether BTC can sustain momentum above $62K toward the $65K resistance, CoinSwitch Markets Desk further said.
Here is what other analyst say
Avinash Shekhar, Co-Founder & CEO, Pi42: Bitcoin’s rebound following weaker-than-expected U.S. jobs data underscores how closely crypto markets are tracking macroeconomic expectations. For investors, the conversation is gradually shifting from “how low can prices go” to “when does liquidity begin returning to the market.
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Nischal Shetty, founder, WazirX: Bitcoin recovered above the $60,000 mark as investors responded positively to expectations of a more accommodative monetary policy, while Ethereum ETFs recorded fresh inflows, signalling renewed institutional interest.
Vikram Subburaj, CEO, Giottus: The recovery above $60,000 has helped stabilise market sentiment. This follows this week's decline towards $58,000. However, it is still not enough to confirm a durable trend reversal.
Akshat Siddhant, Lead quant analyst, Mudrex: On-chain data shows Bitcoin exchange inflows have climbed above 50,000 BTC per day, along with Ethereum exchange inflows exceeding 1.25 million ETH. Historically, such spikes in exchange deposits have often been followed by increased volatility, including June’s decline to $58,000.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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Solana has rallied more than 10% in the past week, climbing to trade around $80.88. With this surge, Solana stands out among the top ten cryptocurrencies by market capitalization, recording performance that outpaced several other major blockchain projects over the same timeframe.
Support at $70 to $72 anchors Solana’s reboundA key factor behind Solana’s latest price movement was its ability to hold support in the $70 to $72 range. Buyers defended this zone for the third time this year, prompting another upward price response. The current uptrend has brought SOL close to the descending trendline that has marked the market for several months.
Crypto analyst Daan Crypto Trades highlighted that Solana is attempting to reclaim its previous trading range after spending nearly four months below it. According to the analyst, the breakdown below this band at the beginning of June triggered a drop of over 20%. Now, reclaiming the $78 level may indicate a potential recovery structure for SOL.
Daan Crypto Trades explained that Solana is striving to recapture the trading zone where it previously stabilized for an extended period. If the price can remain above $78, attention may turn back to the upper limit of this range.
Technical levelValueSignificanceSupport$75.8550-day moving averageShort-term resistance$80 to $82Trendline and supply zonePrimary resistance$94.07200-day moving averageInstitutional interest in Solana gains momentumInstitutional activity has also come into focus. Forward Industries made headlines this past financial quarter by acquiring more than 500,000 SOL, raising its total holdings to over 7.55 million SOL. This move underscores a broader trend of companies allocating greater portions of reserves to digital assets.
Forward Industries increased its total Solana holdings to 7.55 million SOL after purchasing over 500,000 SOL at an average price of $79 per token in the latest quarter.
In another significant development bridging traditional finance and blockchain, fintech firm Spiko introduced tokenized money market funds on the Solana network. These funds are managed by the European asset management giant Amundi, which oversees $2.4 trillion in assets. Spiko is recognized for offering solutions that bring real-world assets onto the blockchain.
Glossary: A tokenized money market fund refers to a vehicle where shares representing traditional money market instruments are digitized as tokens on a blockchain, facilitating on-chain transfer and custody.
On-chain data signals ongoing activity in SolanaNetwork analytics confirm that momentum in the Solana ecosystem remains strong. The blockchain continues to rank among the busiest, averaging roughly 100 million daily transactions. According to DeFiLlama, total value locked (TVL) across Solana’s decentralized finance platforms currently stands at $4.8 billion.
Recent sessions show increases in the number of active wallets and net capital inflows. This rise has extended to open interest in SOL futures, indicating new capital moving not just into spot markets but also derivatives.
A spike in the liquidation of short positions has further fueled the uptick. As prices moved higher, investors betting on a decline were forced to close out their trades, adding momentum to Solana’s rally.
$94 emerges as the critical resistance levelFrom a technical perspective, SOL has moved above its 50-day moving average at $75.85, converting it into a new support. The relative strength index currently sits at 63.8, indicating robust momentum that has not yet reached the typical “overbought” threshold.
In the near term, the $80 to $82 range is being watched as the initial resistance area. A daily close above this zone could bring $90 into play. The main technical barrier, however, lies at $94.07, which marks the 200-day moving average. If SOL can surpass this, the psychologically significant $100 level will be in sight.
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.
Yesterday I told you $80 was the test that would decide whether Solana’s rally was another bounce or a trend change. Well, the test just happened. SOL is trading at $80.84, up 4.3% on the day and nearly 15% on the week, cleanly through the level that rejected it three times during this correction (live SOL price on CoinGecko). And while the price was breaking out, the network quietly hit two milestones that make this rally different from the failed ones. Let me show you both, and then the honest work that still remains.
The breakout, and why this attempt is different First, the price. SOL pushed through $80 with the broad market at its back: Fed Chair Warsh signaled inflation risks have eased, a short squeeze liquidated $281 million in bearish bets, and Bitcoin reclaimed $61,000 with five straight days of ETF inflows. Solana, already the strongest major coin for weeks, led the charge again.
The chart now reads like this: the next resistance sits at $82.73, and analysts see a clean break there opening the path toward $87, with the bigger recovery scenario toward $120 that traders have been eyeing since the $80 debate began. Support is $77, the level the breakout needs to defend. Momentum indicators are healthy but stretched, which is normal after a 15% week: strong trends pause, and a pause is not a failure.
Milestone one: tokenized stocks just beat memecoins Here is the development that genuinely excites me, because it answers Solana’s oldest criticism. For the first time ever, tokenized stocks overtook memecoins as a share of Solana’s daily trading, and a day later tokenized stock volume hit an all-time high of $644 million in a single session.
Think about what that means. The knock on Solana was always that its impressive numbers ran on speculative memecoin churn that could vanish overnight. Now the biggest activity category on the network is real-world equities trading on-chain, the use case Wall Street actually cares about. Add the freshest proof point: Securitize, on the day of its NYSE debut, tokenized $295 million of its own stock on Solana, the largest issuer-sponsored tokenized stock ever at launch. The network is not just hosting the tokenized-stock boom; it is becoming its home field, with roughly 95% of global volume.
Milestone two: Solana got a formal voice The second milestone is quieter but matters for the long game: Solana launched on-chain governance this week. Validators with at least 100,000 SOL delegated can now open formal proposals that go to a stake-weighted vote, and stakers can even overrule how their validator votes.
Why care? Because one criticism of Solana versus Ethereum has been informal, foundation-heavy decision-making. A formal, stake-weighted governance system professionalizes how the network evolves, exactly the kind of institutional maturity that matters as Wall Street moves billions onto the chain. Combined with the Alpenglow upgrade, which co-founder Anatoly Yakovenko says could hit mainnet as early as Q3, cutting settlement from about 12 seconds to 150 milliseconds, the network’s grown-up era is arriving on schedule.
Now the honest part, because I promised Two caveats deserve your attention. First, an uncomfortable detail in the tokenized-stock triumph: Solana’s fees are so cheap that billions in stock trading translate into surprisingly little direct demand for the SOL token itself, and SOL’s own ETFs were roughly flat in June. This rally is being carried by traders and network momentum, not fund flows, which means it has to keep proving itself week by week.
Second, the usual macro truth: SOL just rose 15% in a week, indicators are stretched, and if the jobs data or the Fed disappoints, the highest-beta winners give back gains fastest. A pullback to retest $77, or even the $73 support below it, would be normal and healthy, not a broken thesis.
The levels worth watching Above: $82.73 is the immediate gate, then $87, with the $120 recovery scenario alive as long as the breakout holds. Below: $77 is the line the bulls must defend, then $73. Holding above $77 keeps this a confirmed breakout; losing $73 would send it back to the drawing board.
Bringing it together Solana at $80.84 just passed the test we flagged, breaking the level that stopped it three times, with a 15% weekly gain, tokenized stocks overtaking memecoins for the first time, a $644 million single-day tokenization record, the Securitize NYSE-day listing, and formal on-chain governance going live. The breakout has real substance behind it.
The work now is holding it: $77 must survive any pullback, the $82.73 gate is next, and the rally needs fund flows to eventually join the party. But step back and look at what changed this month: Solana went from “the resilient one” to the network Wall Street trades stocks on, with a breakout chart to match. Watch $82.73 above and $77 below, and enjoy a test passed honestly.
FAQ What is the Solana price today? Solana is trading at $80.84 on July 3, 2026, up 4.3% on the day and nearly 15% on the week, breaking above the key $80 resistance that had rejected it three times during the correction.
Why is Solana going up? SOL broke out amid a market-wide rally sparked by dovish Fed comments and a $281 million short squeeze, on top of Solana-specific strength: tokenized stocks overtook memecoins on the network for the first time, hitting a record $644 million in one day, and on-chain governance launched.
What happens after Solana breaks $80? The next resistance is $82.73, with a clean break opening the path toward $87 and keeping the larger $120 recovery scenario alive. Support at $77 is the level the breakout must defend, with $73 below it.
What are Solana’s tokenized stock milestones? Tokenized equities overtook memecoins as a share of Solana’s daily trading for the first time, single-day volume hit an all-time high of $644 million, and Securitize tokenized $295 million of its own stock on Solana during its NYSE debut. Solana handles roughly 95% of global tokenized stock volume.
What is the risk to Solana’s rally? SOL’s fees are so low that tokenized-stock volume creates little direct token demand, and its ETFs were flat in June, so the rally runs on trader momentum rather than fund flows. After a 15% week, a pullback to retest $77 or $73 would be normal.
This is not investment advice. Cryptocurrency is highly volatile. Always do your own research.
The Solana Foundation launched a fully onchain governance system on July 1, 2026, giving validators and SOL stakers a formal, binding mechanism to vote on protocol-level decisions for the first time in the network’s history.
The system, called Solana Governance Proposals, or SGPs, is stake-weighted, Merkle-verified, and live at governance.solana.com, according to the Foundation’s announcement.
The central design question SGPs answer is not technical implementation but intent: OCC Research describes the model as a “representative democracy with voter override,” where validators cast votes by default but any individual staker can directly override that vote with their own stake weight deducted from the validator’s total.
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How the Solana SGP System Actually Works Any validator with at least 100,000 SOL delegated, roughly $7.7 million at launch prices, can submit a proposal. That threshold filters out spam while keeping the system permissionless for sufficiently large operators.
Before a formal vote opens, the proposal must first collect endorsements representing at least 15% of cluster stake; proposals that fall short simply expire.
Once that support threshold clears, the proposal runs an approximately 11-epoch lifecycle: seven epochs for community discussion, one epoch for a Node Consensus Network (NCN) snapshot that locks in voting weights, and three epochs for the formal vote.
1/ Solana onchain governance is live🗳️
Validators can now propose, support, and decide core protocol decisions via Solana Governance Proposals (SGPs)
These are fully onchain, stake-weighted, and verified by Merkle proof 👇 pic.twitter.com/9Lpskle5L6
— Solana Foundation (@SolanaFndn) July 1, 2026
Each epoch on Solana lasts roughly two days, making the full process around 22 days end-to-end. To pass, an SGP needs at least 66.67% of For-plus-Against votes to vote in favor; abstentions are excluded from the denominator entirely.
The cryptographic backbone runs on two onchain programs: ncn-snapshot, which builds a canonical Merkle tree of validator stake from the Solana ledger, and svmgov, the voting program that checks every ballot cast against that tree.
A small committee of roughly seven to ten independent operators independently builds those Merkle trees and votes on a canonical snapshot before results are published on-chain, according to OCC Research’s governance analysis.
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The Staker Override: Why It Matters The staker override is the feature that most directly affects retail SOL holders. By default, a validator votes with the full stake delegated to it, a representative model that mirrors how most proof-of-stake networks handle governance.
The difference here is that delegators who disagree with their validator’s vote, or whose validator did not vote, can cast their own ballot directly through the governance dashboard.
When a staker votes independently, their stake weight is subtracted from the validator’s total and counted under the staker’s own choice. OCC Research frames this as resolving the classic principal-agent problem in crypto governance by granting “ultimate sovereignty to stakers” without requiring them to run their own node or move delegations. For a network with more than 1.2 million stakers, that is a meaningful expansion of who can participate in protocol decisions.
Solana’s nine consecutive quarters of dApp revenue growth underscore why governance over this network carries real economic stakes; the decisions SGPs will ratify affect fee structures, inflation schedules, and protocol economics that flow through a high-activity ecosystem.
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SGPs vs. SIMDs, Two Separate Tracks SGPs and Solana Improvement Documents (SIMDs) are deliberately distinct. Per the solana-governance-proposals repository, a SIMD answers “how exactly do we do this”, decided by technical review from core developers. An SGP answers “should we do this”, decided by a stake-weighted onchain vote from validators and stakers.
By default, decision-making stays with developers through the SIMD process. An SGP interrupts that path only when the 15% stake-support threshold is met, functioning as both a governance tool and a circuit breaker on developer-led changes that attract significant stakeholder disagreement.
This separation is what governance researchers at OCC called “arguably the most sophisticated governance system in any major L1,” pointing specifically to the stakeholder override and the NCN architecture as the key innovations.
3/ How are SGPs different from SIMDs?
All governance proposals need to be SGPs. SIMDs are technical in nature and small in scope.
SIMDs should focus on protocol changes, SGPs should be signals from the ecosystem.
— Solana Foundation (@SolanaFndn) July 1, 2026
The 100,000 SOL proposal bar has drawn some criticism; smaller validators and grassroots groups may need to form coalitions to reach the threshold, keeping agenda-setting power concentrated among the largest operators.
Real-world participation rates and the usability of the override interface will determine how much of the system’s theoretical decentralization translates into practice. The first major economic or fee-model SGP to run the full process will be the real proving ground for whether stake-weighted voting meaningfully shifts power from large validators and the Foundation toward rank-and-file holders.
The Foundation pointed validators and delegators to the governance dashboard, the SVMGOV codebase, and the project documentation to begin participating. The launch follows a broader run of Solana Foundation institutional initiatives, including MoneyGram joining the network as a validator.
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Solana has activated a formal on-chain governance system, requiring 100,000 SOL staked to submit a proposal. Validators thus lose their decision-making monopoly, now shared with their delegators. Does this new voting power permanently change the network’s balance?
In Brief Solana launches Solana Governance Proposals (SGP), an on-chain voting system weighted by participants’ stakes. A proposal must gather 100,000 SOL staked, achieve 15% support, then obtain a two-thirds supermajority. Delegators can now overturn their validator’s vote thanks to the ‘sovereignty of stakers.’ Solana formalized its on-chain governance on June 30, 2026, as shown by a repository published on GitHub. The mechanism, called Solana Governance Proposals (SGP), allows any validator holding at least 100,000 SOL immobilized, approximately 7.7 million dollars, to submit a question on the network’s direction, an evolution that revives the debate on the true decentralization of major blockchains.
Each proposal must first gather 15% of the active stakes before being submitted to a vote. This filter prevents saturating the network with marginal topics, while allowing main developers to deploy regular changes without organizing a systematic referendum.
The vote then extends over several epochs, these periods of about two days that pace Solana’s operations. The network adopts a proposal as soon as it receives a two-thirds supermajority among voters, abstentions excluded, without a minimum participation threshold.
The protocol records each count on-chain and verifies it using a Merkle proof, a method that confirms the inclusion of a vote in the final result without recalculating everything.
Why is this governance change happening now? Solana until now handled two questions in the same vague process: whether to act, and how. The SGP now separates these two steps. A favorable vote on a proposal opens the way to one or more Solana Improvement Documents, where main developers then handle the technical details.
The other novelty concerns the role given to delegators. These users, who stake their SOL with a validator without running a node themselves, can now cancel or replace that validator’s vote with their own choice, weighted according to their stake. The Solana Foundation presents this mechanism as a guarantee of sovereignty for token holders.
This launch comes as Solana experiences a renewed interest from investors. SOL indeed increased by about 16% last week to nearly 78 dollars, one of the few major tokens to gain in an overall bearish market.
In summary, Solana crosses a structural milestone by opening its decision-making process to validators and their delegators. The separation between strategic direction and technical execution, combined with the sovereignty granted to stakers, could redefine how the network evolves. It remains to observe the first proposals submitted to vote in the coming weeks.
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Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
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Securitize put its own newly listed common stock onchain the same day SECZ began trading on the NYSE, launching tokenized shares on Avalanche and Solana through its regulated platform.
Securitize began trading on the New York Stock Exchange Thursday under the ticker SECZ and simultaneously put its own newly listed common stock onchain, according to a press release the tokenization firm distributed via PR Newswire. Eligible U.S. investors can access tokenized SECZ through Securitize's own regulated platform starting the same day.
The launch makes Securitize the first newly public company to bring its own stock onchain at the start of its life as a listed issuer, per the release. SECZ is expected to become the world's largest tokenized stock at launch based on anticipated shareholder participation.
The shares began trading Thursday after Securitize completed its merger with Cantor Equity Partners, the SPAC vehicle that took the company public with roughly $400 million in proceeds. The Defiant previously reported shareholder approval of that deal, which made Securitize the first publicly traded tokenization company.
Tokenized SECZ will launch on Avalanche and Solana, the release states, giving the company a multichain footprint from its first day as a listed issuer. Access requires onboarding, KYC and AML checks, and confirmation of jurisdictional eligibility under U.S. securities law.
"We have long said that public equities are moving onchain, and there is no stronger validation of that belief than tokenizing our own public stock on Day 1," Securitize co-founder and CEO Carlos Domingo said in the release. Domingo said tokenized SECZ represents the same common stock trading on the NYSE rather than a separate share class or a synthetic wrapper, and that tokenization changes the form of ownership without altering the underlying legal rights or transfer restrictions attached to the shares.
Securitize is the leader in real-world-asset tokenization by assets under management, with more than $4 billion tokenized as of June 2026 across funds run with asset managers including BlackRock, Apollo, KKR, BNY and Hamilton Lane. The company also holds a memorandum of understanding with the NYSE signed in March to help design transfer-agent and tokenization-agent standards for the exchange's broader push into tokenized securities.
Domingo framed the self-tokenization as a template beyond Securitize itself. "Bringing SECZ onchain is not just a milestone for Securitize," he said. "It is a blueprint for public companies that want to use tokenization to create more efficient, transparent and useful ownership experiences for their shareholders."
Securitize expects tokenized SECZ to build a meaningful onchain shareholder base from day one, with additional functionality expected to develop over time, the release states.
BlackRock-backed tokenization platform Securitize has tokenized its common stock, SECZ, on the same day as its NYSE listing. The stock notably surged by double digits today as the crypto market rebounded, with crypto stocks also seeing significant gains.
Securitize Tokenizes Common Stock On Solana and Avalanche In an X post, the company announced that it is tokenizing its common stock on Solana and Avalanche as it goes public on the New York Stock Exchange under the ticker SECZ. The tokenized stock will be available to eligible U.S. investors through the company’s regulated platform.
“The launch makes Securitize the first newly public company to bring its own stock onchain at the start of its life as a public company. Based on shareholder participation, tokenized SECZ is already the largest tokenized stock globally,” the post read.
CoinGape had earlier reported on Securitize’s NYSE debut today after the BlackRock-backed company received approval from Cantor Equity Partners II shareholders for the proposed merger. Meanwhile, the company noted that tokenizing its common stock has always been part of its plans.
The firm noted how it has grown based on the belief that traditional assets will increasingly move onchain through regulated, issuer-sponsored infrastructure. “By tokenizing its own public stock on Day 1, Securitize is demonstrating its confidence in the technology, market structure, and regulatory pathway it has spent years building,” it said.
Tokenized Shares To Trade Similar To Traditional Counterparts Securitize noted that the tokenized SECZ will represent the same common stock trading on the NYSE, not a separate share class. The company noted that tokenization changes the form of ownership but not the underlying nature of the share, nor does it override applicable legal, contractual, or transfer restrictions.
Furthermore, the top tokenization platform said that it expects the tokenized SECZ launch to establish a meaningful onchain shareholder base from Day 1. Meanwhile, they expect additional functionality, utility, and market infrastructure to develop over time.
Securitize’s stock has surged by double digits on its NYSE debut today. The crypto stock is currently trading at around $12, up over 10%, according to TradingView data. The stock has notably surged alongside other crypto stocks, which have recorded significant gains today as the Bitcoin price reached $62,000.
In brief Securitize shares made their public debut on Thursday, and were recently up more than 8% on the day. SECZ is also trading on-chain, with $266 million worth of shares tokenized on Solana and Avalanche. The firm went public via merger with a Cantor Fitzgerald-backed blank check firm. Shares in BlackRock-backed tokenization firm Securitize (SECZ) are up more than 8% in their trading debut, recently changing hands at $12.75.
The firm began trading on the New York Stock Exchange (NYSE) Thursday, eight years after its founding, thanks to a merger with a Cantor Fitzgerald-backed blank check firm.
“Our focus is unchanged: building the regulated infrastructure for the next generation of capital markets,” the firm posted on X.
While its shares hit traditional equity markets on Thursday, they also landed on the blockchain, with tokenized versions of $266 million worth of SECZ issued—a mark the firm said makes it the largest tokenized stock in the world.
“We have long said that public equities are moving on-chain, and there is no stronger validation of that belief than tokenizing our own public stock on Day 1,” said Carlos Domingo, co-founder and CEO of Securitize, in an article posted by the firm on X.
“SECZ is not a synthetic token or offshore wrapper,” he said. “It is issuer-sponsored tokenization of the same common stock trading on the NYSE, made available through regulated infrastructure.”
The tokenized version of SECZ is initially launching on layer-1 networks Avalanche and Solana, and is also accessible to eligible investors through the firm’s regulated tokenization platform.
“Bringing SECZ on-chain is not just a milestone for Securitize,” Domingo said. “It is a blueprint for public companies that want to use tokenization to create more efficient, transparent, and useful ownership experiences for their shareholders.”
Earlier this week, Securitize President Brett Redfearn told Decrypt that tokenization is an understated benefit for consumers, pointing to better opportunities to make use of their assets—like via decentralized lending, when middle men are cut out of the equation.
“I think that business is totally disruptible,” Redfearn told Decrypt. “There’s a lot of opportunities when you start to disintermediate traditional businesses.”
As of June, the tokenization firm had more than $4 billion in assets under management.
Editor's note: This story was updated after publication to clarify wording.
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In brief Securitize shares made their public debut on Thursday, and were recently up more than 8% on the day. SECZ is also trading on-chain, with $266 million worth of shares tokenized on Solana and Avalanche. The firm went public via merger with a Cantor Fitzgerald-backed blank check firm. Shares in BlackRock-backed tokenization firm Securitize (SECZ) are up more than 8% in their trading debut, recently changing hands at $12.75.
The firm began trading on the New York Stock Exchange (NYSE) Thursday, eight years after its founding, thanks to a merger with a Cantor Fitzgerald-backed blank check firm.
“Our focus is unchanged: building the regulated infrastructure for the next generation of capital markets,” the firm posted on X.
While its shares hit traditional equity markets on Thursday, they also landed on the blockchain, with tokenized versions of $266 million worth of SECZ issued—a mark the firm said makes it the largest tokenized stock in the world.
“We have long said that public equities are moving on-chain, and there is no stronger validation of that belief than tokenizing our own public stock on Day 1,” said Carlos Domingo, co-founder and CEO of Securitize, in an article posted by the firm on X.
“SECZ is not a synthetic token or offshore wrapper,” he said. “It is issuer-sponsored tokenization of the same common stock trading on the NYSE, made available through regulated infrastructure.”
The tokenized version of SECZ is initially launching on layer-1 networks Avalanche and Solana, and is also accessible to eligible investors through the firm’s regulated tokenization platform.
“Bringing SECZ on-chain is not just a milestone for Securitize,” Domingo said. “It is a blueprint for public companies that want to use tokenization to create more efficient, transparent, and useful ownership experiences for their shareholders.”
Earlier this week, Securitize President Brett Redfearn told Decrypt that tokenization is an understated benefit for consumers, pointing to better opportunities to make use of their assets—like via decentralized lending, when middle men are cut out of the equation.
“I think that business is totally disruptible,” Redfearn told Decrypt. “There’s a lot of opportunities when you start to disintermediate traditional businesses.”
As of June, the tokenization firm had more than $4 billion in assets under management.
Editor's note: This story was updated after publication to clarify wording.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Securitize CEO Carlos Domingo on stage at Consensus 2026 in Miami. (CoinDesk)Summary
Securitize launched tokenized versions of its NYSE-listed shares on Solana and Avalanche on its first day as a public company.The onchain stock is available to eligible U.S. investors via Securitize's regulated platform and represents the same common shares that now trade on the NYSE.The move comes amid growing efforts to bring public equities onto blockchain rails, as Wall Street embraces tokenization and the debate over tokenization models intensifies.Securitize (SECZ), a tokenization specialist backed by BlackRock and ARK Invest, began trading on the New York Stock Exchange on Thursday, and simultaneously brought its own shares to blockchain investors.
The company said its common stock, trading under the ticker SECZ, is now available in token form on Solana (SOL) and Avalanche (AVAX) via its regulated platform. The blockchain-based shares represent the same common stock trading on the NYSE rather than a separate class of securities, the firm said.
Securitize also claimed bragging rights as the first newly public company to tokenize its own stock on its first day of trading. Investors held some $295 million in tokenized shares, according to blockchain data from RWA.xyz.
SECZ was 10% up in the Thursday session, its first day following the SPAC merger with publicly-traded Cantor Equity Partners II.
The launch is the latest milestone in the fast-growing tokenization sector, where banks and asset managers are increasingly using blockchain rails to issue traditional financial assets such as funds, bonds and equities. Supporters argue that tokenization can shorten settlement times, enable around-the-clock transfers and make securities interoperable with blockchain-based financial applications.
The opportunity has drawn growing interest across Wall Street. Citi projected that tokenized securities could reach $5.5 trillion by 2030, while Boston Consulting Group and Ripple estimated the market could grow to $18.9 trillion by 2033.
"We have long said that public equities are moving onchain, and there is no stronger validation of that belief than tokenizing our own public stock on day one," CEO Carlos Domingo said in a statement.
Issuer-sponsored tokenizationUnlike many existing tokenized stock products, which are issued by third parties or offered outside the United States, Securitize said SECZ is an issuer-sponsored tokenization of the company's own shares. Eligible U.S. investors can buy the tokenized stock through Securitize's platform after completing identity verification and meeting securities law requirements.
The launch doubles as a showcase for Securitize's business.
The company, founded in 2017, has spent years building tokenization infrastructure for firms including BlackRock, Apollo, KKR, Hamilton Lane and VanEck, providing issuance, transfer agency and fund administration services for blockchain-based securities.
Earlier this year, NYSE parent company Intercontinental Exchange (ICE) partnered with Securitize to develop infrastructure for tokenized equities. It also teamed up with Computershare and Continental, two of the world's largest transfer agents, to help public firms issue their shares in token form on blockchain rails.
By putting its own stock onchain from day one, Securitize aims to make a broader case for tokenized equities issued by companies themselves rather than wrapped by third parties.
"We just wanted to lead by example and show people that if you want to issue real shares onchain, not fake shares, not copy cats, whatever you want to call it, then you can do it," Domingo told CoinDesk.
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Building the Zcash Machine: Tachyon and Quantum Readiness
Building the Zcash Machine: Tachyon and Quantum Readiness
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Jun 30, 2026
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
Why it matters:
Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.
The Solana Foundation has launched Solana Governance Proposals (SGPs), a new onchain governance system that allows validators and stakers to formally participate in major protocol decisions.
Under the new framework, any validator with at least 100,000 $SOL delegated can submit an SGP. Votes take place fully onchain, use stake-weighted voting, and are verified through Merkle proofs. Delegators also gain the ability to override their validator's vote or cast a vote if their validator does not participate, a feature the Solana Foundation describes as "staker sovereignty."
According to the Foundation, proposals remain permissionless, but voting only begins after a proposal receives support from at least 15% of the network's stake. The threshold aims to ensure the validator set only votes on issues that attract meaningful community interest while allowing developers to continue routine protocol work without frequent governance votes.
The launch follows months of debate over how Solana makes protocol decisions, after the failure of the SIMD-0228 inflation reduction proposal exposed concerns that validators held disproportionate influence over governance. The new system expands participation by allowing delegators to directly influence votes that affect the network's future.
SGPs Vs. SIMDs The new governance model distinguishes between Solana Governance Proposals and Solana Improvement Documents (SIMDs). An SGP answers the question, "Should we do this?" It provides a stake-weighted signal from validators and delegators on whether the ecosystem supports pursuing a particular direction. A SIMD answers a different question: "How exactly do we do this?" It focuses on the technical specification required to implement protocol changes and remains subject to review by core developers.
The Solana Foundation said all governance proposals should now use the SGP process, while SIMDs should remain focused on technical implementation. The Foundation pointed to Alpenglow, Solana's proposed consensus upgrade, as an example. An SGP could have first measured community support for pursuing the idea before one or more detailed SIMDs defined the implementation. A successful SGP gives core developers a clear mandate to move forward, while the implementation work continues through the SIMD process.
How the Voting Process Works Every SGP contains two components. The first is a public markdown document outlining the proposal, rationale, and voting question. The second is an onchain proposal account created through the svmgov program that links directly to that document.
An SGP is intended for long-term directional decisions with onchain economic implications that benefit from stake-weighted community input. If fewer than 15% of the network's stake supports holding a vote, the standard SIMD process continues without an SGP. Once the 15% support threshold is reached, the proposal advances to a stake-weighted vote.
To pass, a proposal requires a two-thirds supermajority of participating stake. Abstentions do not count toward the calculation, and there is no minimum turnout requirement.
Community Members Welcome the Change Dr. Nick Almond, Head of Governance at Jito Foundation, described the launch as a major milestone, saying Solana now operates what he believes is the most advanced decentralized governance system in operation.
Michael Hubbard, CEO of SOL Strategies, said previous governance votes relied on manually issuing voting tokens and tallying results, calling the new system a significant improvement. He added that enabling validators to represent the stake entrusted to them strengthens the long-term health and safety of the network and ecosystem.
Michael Repetný, Co-Founder and CEO of Marinade Labs, said that protocol decisions that previously occurred through Discord discussions and private conversations can now be proposed, voted on, and verified directly onchain, allowing anyone to independently verify the outcome rather than relying on others.
Why Solana Changed Its Governance Model The introduction of Solana Governance Proposals comes after SIMD-0228, a proposal that would have reduced $SOL inflation, failed to pass last year. The vote sparked criticism of Solana’s governance process because only validators could participate directly, even though tokenomics affect every $SOL holder.
Critics argued that validators had a financial incentive to oppose the proposal because inflation increases staking rewards, raising concerns that validators' interests and the broader community's were not always aligned. The new SGP framework addresses part of that criticism by allowing delegators to override their validator’s vote or vote when their validator abstains.
The timing is significant because Solana is preparing to consider some of the largest economic policy proposals since SIMD-0228. These include SIMD-0550, a new disinflation proposal that revisits changes to $SOL’s issuance model, and SIMD-0553, which proposes an additional base fee on transactions that is eventually burned. According to estimates, SIMD-0553 could burn up to 9,000 $SOL per day.
The governance launch also arrives as the Solana Foundation Delegation Program continues to represent a smaller share of the network's total stake.
According to Blockworks data, the Foundation Delegation Program accounted for 4.92% of the total staked $SOL during Q2 2026, representing approximately $1.6 billion in delegated $SOL.
That marks the program's lowest quarterly share on record, indicating that a growing portion of staking power now sits with the broader validator and staking community as Solana's new governance framework takes effect.
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The fresh $8 million raise for predictive behavioral AI network THEA puts Solana at the center of a quiet but consequential race. Instead of forcing inference computation on-chain—an expensive and slow proposition—the project is building a coordination layer that settles accounts and routes requests while the heavy math stays off-chain. The approach addresses a friction that has kept machine learning outputs from being reliably used in DeFi and on-chain automation. The funding round, led by Maven11 Capital, Spartan Group, ManifoldTrading, HackVC and Fisher8 Capital, arrived as institutional interest in crypto-AI convergence keeps climbing.
Solana has consistently ranked among the top chains by developer activity, as seen in recent weekly developer rankings, and the network’s low-latency architecture makes it an attractive settlement layer for AI coordination. THEA plans to use Solana to manage inference requests, accounting, and settlement, treating the blockchain as a verifiable ledger rather than a compute engine. It is a division of labor that mirrors how certain high-frequency trading systems operate: speed-sensitive logic stays close to the hardware, while finality and dispute resolution happen on-chain.
The Case for Keeping Computation Off-Chain On-chain inference remains a bottleneck. Running neural networks directly on Ethereum or Solana is not only cost-prohibitive but also introduces latency that breaks real-time use cases. THEA’s design acknowledges that machine learning models will run where they perform best—on GPUs, TPUs, or future specialized hardware—while Solana provides an immutable record of who requested what, which model was used, and who should be paid. This separation could unlock a market where AI services are paid for on a per-inference basis, with settlement flowing through SOL or SPL tokens.
The structure also lowers the trust barrier. Rather than requiring every user to audit a model’s output, the network coordinates what answers were delivered and provides a settlement trail. The round included trading firm ManifoldTrading, which suggests institutional interest not just in the technology but in how AI outputs could be plugged into execution environments. A transparent ledger of AI interactions is something that quant funds and automated strategy builders might find particularly useful.
What Solana’s Ecosystem Gains From an AI Settlement Layer THEA’s launch could give Solana-based DeFi protocols a native way to integrate predictive models without building their own infrastructure. If a lending protocol wants to use AI to score borrower risk or a DEX wants to reroute orders based on model-driven slippage forecasts, the coordination layer would handle the invoicing and settlement. These kinds of partnerships mirror other AI-driven Web3 integrations, such as UXLINK and Origins Network, where off-chain compute is paired with on-chain coordination. Teams building on Solana get a middleware that reduces the time from model output to on-chain action.
The timing matters. A string of recent infrastructure deals has pushed the total value of tokenized real-world assets past $20 billion, and on-chain settlement for non-speculative data—such as AI predictions—could be next. If THEA’s model gains traction, Solana might see a new category of transaction volume that does not originate from token swaps or NFT mints but from machine-to-machine invoicing. That would add a different kind of fee base and broaden the network’s utility beyond its current DeFi and memecoin identity.
Open Questions and What to Watch Despite the raise, several things are not yet settled. THEA’s tokenomics have not been disclosed, and it is unclear whether the network will introduce a native token, use SOL as the primary gas and settlement unit, or structure fees in stablecoins. The decision will shape how value accrues and whether the protocol is perceived as a Solana-native asset or an external service that uses Solana as a utility.
Adoption also hinges on how many AI model providers plug into the network. THEA’s coordination layer only works if there is enough supply of predictive behavioral models willing to accept payment through on-chain rails. For now, the networks that dominate AI inference—mostly centralized providers—have shown little interest in crypto settlement. If THEA cannot bridge that gap, the network may struggle to attract volume from serious machine learning teams.
Another variable is Solana’s reliability. While the chain’s uptime has improved, a coordination layer that handles real-time inference requests demands near-perfect block production and minimal state bloat. Even short delays in settlement could create discrepancies between off-chain model results and their on-chain record, opening arbitrage or dispute scenarios. Traders watching THEA should track the ratio of inference requests settled versus failed, if that data becomes public.
Still, the raise signals that venture capital sees value in the plumbing between AI and blockchains, not just in yet another layer-one token or decentralized compute marketplace. If THEA executes, Solana could become the de facto settlement environment for an emerging class of machine intelligence services. The next test is a mainnet launch that shows real usage, not just a well-funded idea.
AUTHOR
Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
BlackRock-backed tokenization firm Securitize surged over 8% on its first day of trading on the New York Stock Exchange, with shares rising as high as $12.75 under the ticker symbol SECZ. The company completed its public offering by merging with a special purpose acquisition company (SPAC) supported by Cantor Fitzgerald.
On Thursday, Securitize shares began trading on the NYSE while a tokenized version of SECZ also launched on the blockchain the same day. According to Securitize, $266 million worth of tokenized shares have now been issued across the Solana and Avalanche networks, which the company says makes SECZ the world’s largest tokenized equity.
Mini glossary: Tokenization refers to representing traditional assets such as stocks, bonds, or fund shares as digital tokens on a blockchain. Avalanche and Solana are layer-1 blockchain networks designed for applications and digital asset transactions.
Our focus hasn’t changed: We are building compliant infrastructure for the next generation of capital markets.
Founded in 2017, Securitize is known for spearheading the digitalization of real-world assets. The company noted that eligible investors can access tokenized SECZ shares via its regulated platform.
TitleDetailsTickerSECZFirst day price$12.75Day one performanceOver 8% increaseTokenized stock value$266 millionSupported networksSolana and AvalancheLeadership sees tokenization as a model for capital marketsCo-founder and CEO Carlos Domingo described the blockchain launch of the company’s own publicly traded shares as a strong validation of Securitize’s long-standing vision. He emphasized that this step not only marks a milestone for the company, but also demonstrates a model for other public firms seeking to make shareholder experiences more efficient and transparent through tokenization.
Carlos Domingo highlighted that moving SECZ onto the blockchain stands as a reference point for public companies looking to use tokenization to create a more efficient, transparent, and functional ownership experience for shareholders.
President Brett Redfearn, who joined Securitize in April after serving as Director of Trading and Markets at the US Securities and Exchange Commission, stressed that tokenization should not be viewed as an opportunity solely for Wall Street institutions. Redfearn believes that bringing real-world assets onto the blockchain can deliver direct benefits to individual investors as well.
According to Redfearn, enhancing investor control over assets while reducing intermediary influence opens the door to new use cases, particularly in decentralized lending. He suggested that tokenized ownership structures could transform conventional securities lending models, with disintermediation offering compelling new opportunities in the sector.
Assets under management surpass $4 billionAs of June, Securitize reported managing over $4 billion in assets. Its unique dual structure—trading shares simultaneously on both traditional exchanges and blockchain networks—is emerging as a new institutional benchmark for tokenization in the capital markets arena.
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.
There is a reason this one is worth separating from the usual market noise. Solana Foundation Launches Validator Governance Framework for On-Chain Voting gives NewsBTC readers a clean angle on Solana at a point where the market is trying to separate durable signals from short-lived noise.
According to the source material reviewed for this report, the story turns on a few concrete details rather than vague sentiment. That matters because crypto headlines can move quickly, but the pieces that tend to last are the ones backed by filings, official releases, data dashboards, or protocol-level records.
TL;DR
The Solana Foundation deployed a new protocol-level governance framework. Validators holding at least 100,000 delegated SOL can now publish proposal drafts. Proposals advance to stake-weighted voting once they secure a minimum of 15% cluster support. A Fresh Signal For The Market The immediate relevance is that this development fits into one of the market’s main themes for the day: institutional positioning, network usage, regulatory pressure, protocol development, or asset-specific rotation. In this case, the key topic is Solana, which is why it deserves a dedicated read rather than being buried inside a broader market recap.
For traders, the useful part is not simply that the headline exists. It is the way the facts line up with the current market backdrop. When official sources, market data, or protocol records show a fresh shift, readers get a better sense of whether the move is just a one-day reaction or part of something more structural.
The Numbers That Matter The core source for this story is governance.solana.com with supporting data from docs.governance.solana.com. That source trail is important because the final article should not rely on discovery-only media links or second-hand summaries.
The Solana Foundation deployed a new protocol-level governance framework.
Validators holding at least 100,000 delegated SOL can now publish proposal drafts.
Proposals advance to stake-weighted voting once they secure a minimum of 15% cluster support.
The numerical claims in the pack were tied back to specific source material before writing. '100,000 SOL' sourced from Solana Foundation SGPs proposal threshold requirement; '15%' sourced from Solana Foundation SGPs cluster stake support threshold; 'two-thirds (66.67%)' sourced from Solana Foundation SGPs pass requirement
The Important Caveat The caution is just as important as the headline. Do not state this is a complete fork of the validator software; it is a governance protocol addition.
That means the cleaner read is to treat this as a confirmed development with a defined scope, not as proof of a guaranteed price move or a sweeping market shift. In crypto, the difference matters. A verified data point can strengthen a thesis, but it does not remove execution risk, liquidity risk, regulatory uncertainty, or the possibility that traders fade the initial reaction.
For now, the story gives the market another piece of evidence to weigh. If follow-up filings, dashboard updates, protocol records, or official statements confirm further momentum, the angle can develop into something larger. If not, it still stands as a useful snapshot of where activity is concentrating today.
This report is based on information from governance.solana.com and docs.governance.solana.com.
This article was written by the News Desk and edited by Samuel Rae.
Solana delivered one of its strongest quarters to date in Q2 2026, setting new records across several of its most closely watched metrics. The network reached all-time highs in tokenized equities trading, perpetual futures volume, and transaction activity while maintaining its lead in dApp revenue.
Tokenized Equities Reach New Peak Solana recorded its strongest quarter ever for tokenized equities spot trading in Q2 2026, processing $4.84 billion in volume. The network also captured more than 96% of the market, handling more tokenized equity trading volume than every other blockchain combined.
The achievement also extended Solana's lead over all other blockchains to 4 consecutive quarters, reinforcing its position as the leading network for tokenized equities.
dApps Extend Revenue Leadership Applications built on Solana generated $257 million in revenue during the quarter, keeping the network ahead of every Layer 1 and Layer 2 blockchain for the 9th consecutive quarter.
Developer activity and user demand remained strong across the ecosystem despite increasing competition from other networks.
Transaction Activity Hits New Records Solana's transaction activity reached new all-time highs across every major timeframe. Daily, weekly, and monthly transaction counts all set new records during Q2.
The network increased its share of total blockchain transactions to 59%, the highest level in 11 months. Quarterly transaction activity reached roughly 9.8 billion non-vote transactions, reflecting sustained growth in onchain usage.
Perpetual Futures Trading Surges Perpetual futures trading on Solana reached another milestone, with quarterly notional volume climbing to a record $183 billion. Competition among decentralized perp DEXs intensified throughout the quarter. GMTrade emerged as the largest contributor to quarterly volume, followed by Pacifica and Jupiter, also contributed meaningful activity.
GMTrade's rapid expansion built on momentum that began earlier in the year. By May, the platform had surpassed $40 million in TVL, processed more than $50 billion in cumulative trading volume, and generated over $6.58 million in protocol fees.
Phoenix also continued to gain traction despite claims of “kingmaking” by the Solana Foundation. The platform reached a new all-time high in daily trading volume in Q2 and introduced Flight Codes, a feature that allows developers to monetize applications and services built on its markets.
Foundation Stake Continues to Decline The Solana Foundation Delegation Program continued reducing its share of the network's stake. By the end of Q2 2026, Foundation delegated stake had fallen to about $1.6 billion, representing 4.92% of total network stake.
The continued decline reflects the Foundation's ongoing effort to reduce its direct influence over network validation as the validator ecosystem matures.
Taken together, the Q2 2026 metrics point to continued growth across Solana's ecosystem despite poor market ocnditions many participants viewed as the peak of the bear market. If Q2 ultimately proves to have marked the bottom of the present market cycle, these record metrics could provide a foundation for even greater growth in the coming quarters, particularly in tokenized equities trading.
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SLX exploded onto Korean exchanges, spiked to $0.47, then gave most of it back. Behind the volatility sits a Solana yield protocol with real total value locked. Here is the bull case, the bear case, and where SLX could go next.
Summary
Solstice is a Solana-native yield protocol built around institutional-style strategies and its own USX stablecoin, and SLX is its governance and utility token, launched in early 2026. SLX drew heavy attention through rapid listings on major exchanges including Upbit and Bithumb, spiking to an all-time high near $0.47 before pulling back sharply into the high-teens to low-thirties cents. The bull case rests on genuine total value locked, deep exchange liquidity, Solana ecosystem momentum, and a fixed token supply, which set Solstice apart from purely speculative launches. The bear case centers on vesting-driven sell pressure, the token’s short and unproven history, extreme volatility, and its exposure to Solana and the broader risk-off market. The realistic path for SLX is wide: a reclaim toward $0.47 is possible if total value locked keeps growing, while a break of key support near $0.20 would open the door to launch-era lows. Solstice and its SLX token became one of the few things moving in a bruised crypto market, spiking more than 50% in a single day at one point and drawing intense trading volume across Korean and global exchanges.
Behind the price action is a Solana-based yield protocol that, unlike many recent launches, arrived with a working product and real capital already flowing through it. That combination of genuine fundamentals and violent volatility is exactly what makes SLX interesting and hard to forecast.
This price prediction walks through what Solstice is, why SLX is trending, the strongest arguments on both sides, the technical picture, and a set of bull, base, and bear scenarios. None of it is financial advice, and SLX is a small, volatile asset, so the ranges here are wide by necessity.
What is Solstice, and why is SLX trending? Solstice is a decentralized finance protocol built on Solana that positions itself as a yield layer, bringing institutional-style strategies on-chain instead of chasing meme-driven hype. Its approach centers on strategies such as delta-neutral funding trades and tokenized credit exposure, the kind of yield generation that has traditionally lived outside public blockchains.
At the center sits USX, the protocol’s native stablecoin, which supports lending, yield, and capital-efficient strategies across the Solana ecosystem. SLX is the governance and utility token that powers all of this, and a staked version, stSLX, is already live through integrations such as Exponent Finance.
What separates Solstice from the long tail of small-cap launches is that it came to market with a real product and real capital. The protocol reported total value locked in the hundreds of millions of dollars around its 2026 launch, with staking infrastructure securing over $1 billion in validator operations. That is a genuine fundamental backdrop, not a promise, and it is the main reason serious traders have paid attention instead of dismissing SLX as another listing pump. The token also has a fixed supply, which matters for any long-term valuation argument.
The trending began with distribution. SLX listed rapidly across major venues, with Upbit adding a Korean won pair and Bithumb, OKX, Bybit, Kraken, Gate, and others following within days, plus futures markets on several large exchanges. That breadth of liquidity, combined with strong Korean retail demand, produced enormous volume and sharp moves, including a spike to an all-time high near $0.47 and a later single-day surge of more than 50% on hundreds of millions of dollars in volume.
The token has since pulled back well off that high, which sets up the central question: was the spike a first taste of price discovery for a real protocol, or a listing-driven pump that is now fading?
The bull case for SLX The bull case starts with the product being real. Solstice is not a whitepaper promise; it is a protocol with meaningful total value locked and a functioning stablecoin in USX, generating the kind of on-chain activity that can support a token’s value beyond speculation. In a market crowded with launches that have no users and no revenue, a Solana yield protocol with hundreds of millions of dollars locked and over $1 billion in secured validator operations stands out. If that total value locked keeps growing, it provides a fundamental floor under SLX that pure momentum tokens lack.
The second pillar is liquidity and reach. SLX is not stranded on one exchange; it trades across Upbit, Bithumb, OKX, Bybit, Kraken, and more, with active futures markets. That multi-exchange presence, and the strong Korean demand that has driven much of the volume, means SLX can attract capital from many directions and can move fast when sentiment turns positive. Deep, distributed liquidity is a real asset for a young token, because it lowers the friction for new buyers and supports larger positions without extreme slippage.
The third pillar is the Solana ecosystem itself. Solstice is a bet on Solana, and Solana has its own momentum, with major protocol upgrades in progress and spot Solana exchange-traded funds already drawing inflows even during the downturn. If Solana strengthens, its native yield protocols benefit from rising activity and capital, and SLX is positioned squarely in that flow as an institutional-yield and stablecoin play. Add a fixed token supply and a live staking mechanism through stSLX, and the bull case is that SLX is an early-stage bet on real Solana yield infrastructure, with room to reprice higher if adoption compounds and the market rotates back toward risk.
The bear case for SLX The bear case is equally concrete, and it starts with sell pressure baked into the token’s design. Solstice used vesting mechanics tied to its early reward programs, and those mechanics have created real, forced selling. Users who chose vesting options faced deadlines and requirements to maintain total value locked or risk losing unclaimed tokens, which forces decisions that ripple through the market in short, sharp bursts. When early participants are pushed to claim, sell, or restructure positions on a schedule, that overhang weighs on price regardless of how good the underlying protocol is.
The second problem is that SLX is new and unproven over any meaningful time horizon. It launched in 2026, so it has no track record across a full market cycle, no history of how its yield strategies perform under stress, and no evidence yet that its total value locked is sticky rather than mercenary capital chasing incentives. Delta-neutral and tokenized-credit strategies carry their own risks, and a young protocol has not been tested by a genuine crisis. Small market capitalization compounds this: a token this size can move violently in both directions, and the same volatility that produced a 50% up-day can produce equally brutal declines.
The third pressure is external. As a small-cap token, SLX is highly sensitive to the broader market, and small caps are typically hit first and hardest when risk appetite fades. The wider crypto market entered the second half of 2026 off its worst month on record, with macro headwinds from a hawkish Federal Reserve and tight liquidity, and in that environment speculative Solana tokens are vulnerable. SLX also depends heavily on Solana; any weakness in the ecosystem, or a rotation away from it, pulls SLX down with it. The bear case is that the listing-driven spike was the peak of attention, and that vesting overhang plus a hostile macro backdrop grinds the token back toward its launch-era lows.
The technical picture The chart tells a story of a sharp discovery phase followed by a deep retracement. SLX reached an all-time high near $0.47 in its early weeks, driven by listing momentum and Korean demand, then fell hard as that initial euphoria faded and vesting pressure kicked in.
Solstice price chart | Source: TradingView Along the way, it printed dramatic moves, including a single-day surge of more than 50% to around $0.26 on roughly $253 million in volume, the kind of volatility that defines a young, thinly seasoned token in active price discovery. Since the high, the token has traded well below it, at times slipping into the high teens in cents.
The key level bulls and bears are watching is support around $0.20. That zone has acted as a line in the sand: holding it keeps a recovery structure intact, while a decisive break below it signals that the earlier bounce was just a bounce and opens the path toward launch-era lows. On the upside, the token has to reclaim and hold higher ranges before the $0.47 all-time high comes back into view, and doing so would require sustained volume and improving sentiment rather than a single spike. Momentum indicators have swung with the price, reflecting a token that has not yet settled into a stable trend.
The honest read of the technicals is that SLX is in an unresolved range beneath its all-time high, with $0.20 as the pivotal support and the high near $0.47 as the reference resistance. Because the token is young and volatile, technical levels are less reliable than they are for seasoned assets, and a single macro or protocol catalyst can override the chart.
For a price prediction, the technicals mostly define the boundaries: a wide zone between the low-twenties cents on the downside and the high-forties on the upside, with the resolution depending on fundamentals and market conditions more than on any pattern.
What could move SLX next Several specific catalysts will likely decide which way SLX breaks. The most important is total value locked. Because Solstice’s entire investment thesis rests on being a real yield protocol, the trajectory of its total value locked is the single best signal to watch.
Growing total value locked, especially if it proves sticky after incentive programs wind down, would validate the fundamental case and support a higher token price. Shrinking total value locked, or evidence that the capital was purely mercenary, would undercut the whole argument. Adoption of the USX stablecoin is part of the same story, since real usage of USX in lending and yield is what turns Solstice from a launch into a lasting protocol.
The second driver is the vesting and unlock schedule. Because forced selling from vesting has already pressured the token, the timing and size of upcoming unlocks matter directly. Periods of heavy unlocking are headwinds; periods where supply pressure eases give the token room to recover. Traders watching SLX should track the schedule closely, because unlocks are among the most predictable sources of selling for a young token.
The third set of catalysts is external: Solana and the macro backdrop. Strength in Solana, whether from protocol upgrades, exchange-traded-fund inflows, or a broad rotation back into the ecosystem, would lift SLX, while Solana weakness would drag it down. Above that sits the overall market, where macro signals like inflation data and Federal Reserve policy set the risk appetite that small caps live and die on.
Continued Korean exchange demand is a further wildcard, since that flow has driven much of SLX’s volume and could reignite momentum or fade. The interplay of protocol growth, unlock pressure, Solana health, and macro risk appetite is what will move SLX from here.
Is SLX a trade or a long-term hold? One of the most useful ways to think about SLX is to separate the short-term trade from the long-term thesis, because they are governed by very different forces. As a short-term trade, SLX is a momentum and liquidity story. Its price has been driven by listing events, Korean exchange demand, volume spikes, and vesting-related selling, and those forces produce sharp, fast moves in both directions.
A trader focused on this timeframe cares about volume, the $0.20 support, unlock dates, and shifts in market risk appetite, and treats the token as a high-volatility instrument to be sized small and managed tightly. On this horizon, fundamentals matter less than flows, and the biggest risk is being caught on the wrong side of an unlock or a broad risk-off move.
As a long-term hold, SLX is a bet on Solstice becoming durable Solana infrastructure. That thesis rests on whether the protocol’s total value locked proves sticky after incentives fade, whether USX earns real adoption as a stablecoin, and whether Solstice’s institutional-yield strategies keep working across market conditions.
A long-term holder is effectively wagering that a real yield protocol with genuine capital will grow into and beyond its current valuation as Solana matures, and is willing to sit through severe volatility to get there. On this horizon, the daily chart matters far less than the trajectory of the fundamentals.
The two views can point in opposite directions at the same moment. A token can look dangerous as a short-term trade, with unlocks looming and momentum fading, while looking attractive as a long-term accumulation if you believe in the protocol, or the reverse, with strong short-term momentum masking a fragile long-term case.
This is why a single price target is misleading for an asset like SLX: the right answer depends on whether you are trading the flows or investing in the protocol. Being honest with yourself about which one you are doing is the most important risk decision, more important than any level on the chart.
For most people, the practical takeaway is to match position size and time horizon to conviction. If the interest is the trade, keep positions small, respect the levels, and watch the unlock schedule and macro closely. If the interest is the long-term protocol thesis, the questions that matter are about total value locked, USX adoption, and Solana’s health over quarters and years, not about this week’s candle. Blurring the two, holding a trade that went wrong as if it were a long-term investment, or trading in and out of a position meant to be a multi-quarter thesis, is how small-cap tokens do the most damage to a portfolio.
Solstice price prediction scenarios Because SLX is a young token with limited price history, the most honest approach is to frame scenarios instead of pretending precision. The ranges below are illustrative and built from the drivers discussed above, not guarantees. SLX can move well outside them if the market or Solana shifts suddenly.
Bull case In the bull scenario, Solstice proves that its total value locked is durable rather than incentive-driven, USX adoption keeps expanding, and Solana remains one of the strongest ecosystems in crypto. Vesting-related sell pressure fades, Korean demand stays healthy, and broader market sentiment improves as liquidity returns to crypto. Under those conditions, SLX reclaims the higher trading ranges, breaks back through resistance, and retests the all-time high near $0.47. If protocol growth continues beyond expectations, price discovery above that level becomes possible, supported by a fixed token supply and expanding usage instead of listing hype alone.
Base case In the base scenario, the protocol continues growing but at a slower pace than the market hoped. Total value locked remains stable, USX adoption gradually improves, and vesting pressure offsets much of the organic demand. Solana performs reasonably well without entering another major bull phase, leaving SLX trading inside a broad range between roughly $0.20 support and the low-$0.30s. This is the “working protocol, patient market” outcome where fundamentals improve faster than price.
Bear case In the bear scenario, total value locked begins falling as incentive capital leaves, unlock-related selling continues weighing on the token, and Solana weakens alongside the broader crypto market. The $0.20 support fails, sending SLX back toward launch-era lows as speculative interest fades. Because the token is still early in its life cycle, confidence could deteriorate quickly if growth slows or the macro backdrop remains hostile. This outcome does not require the protocol to fail; it only requires demand to remain weaker than the ongoing supply pressure.
Frequently Asked Questions What is Solstice (SLX)? Solstice is a decentralized finance protocol built on Solana that focuses on institutional-style yield strategies. It combines products such as delta-neutral strategies, tokenized credit exposure, and its USX stablecoin to create capital-efficient yield opportunities. SLX is the protocol’s governance and utility token, while stSLX represents the staked version used within the ecosystem.
Why is SLX trending? SLX gained attention after listing on major exchanges including Upbit, Bithumb, OKX, Bybit, Kraken, and others in quick succession. Strong Korean trading activity, high volume, and a rapid move toward an all-time high near $0.47 pushed the token into the spotlight. Unlike many new launches, Solstice also arrived with meaningful total value locked, giving traders a real protocol to evaluate instead of only speculation.
Can SLX return to $0.47? A move back to the all-time high is possible but depends on several conditions. Solstice would need to continue growing its total value locked, expand USX adoption, reduce the impact of vesting-related selling, and benefit from a stronger Solana ecosystem and broader crypto recovery. Without those factors aligning, the token could remain below its previous peak for an extended period.
What are the biggest risks for SLX? The largest risks include vesting-related sell pressure, the protocol’s limited operating history, heavy dependence on Solana, and overall crypto market weakness. Because SLX is a relatively small-cap asset, it can experience much larger swings than established cryptocurrencies, making volatility an important consideration.
Why does total value locked matter? Total value locked measures how much capital users have committed to the protocol. Rising total value locked suggests growing adoption and confidence, while falling total value locked can indicate users are withdrawing funds or incentives are no longer attracting capital. For Solstice, it is one of the most important indicators of whether the protocol is building lasting value.
Is SLX a long-term investment or a short-term trade? It can be either, depending on the strategy. Short-term traders generally focus on exchange flows, unlock schedules, volume, and technical levels such as the $0.20 support. Longer-term investors are betting on Solstice becoming important infrastructure within the Solana ecosystem through sustained growth in total value locked, USX adoption, and institutional-style yield products.
What levels should traders watch? Support around $0.20 remains the key downside level. Holding above it keeps the recovery structure alive, while losing it could send the token back toward launch-era prices. On the upside, reclaiming the low-$0.30 range would improve momentum, with the all-time high near $0.47 remaining the major resistance level.
What could drive SLX higher? The strongest catalysts would be continued growth in total value locked, broader adoption of the USX stablecoin, easing vesting pressure, stronger activity across the Solana ecosystem, and improving macro conditions that bring capital back into higher-risk crypto assets.
Disclaimer: This article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency prices are highly volatile, and forecasts are speculative rather than guaranteed. Nothing in this article should be considered a recommendation to buy or sell any asset. Always conduct your own research and consult a qualified financial professional before making investment decisions. Information is accurate as of July 2, 2026, and may change.
A 40-year-old goalkeeper from Cape Verde dreamed of facing Lionel Messi at a World Cup. Now that dream is about to come true, and the crypto market has noticed.
Vozinha, the oldest African goalkeeper competing in the 2026 FIFA World Cup, delivered an emotional message ahead of his team’s round-of-32 clash against Argentina, scheduled for July 3 in Miami. The sentiment was heartfelt. The market response was, predictably, a batch of speculative Solana-based memecoins.
From clean sheets to token sheets Cape Verde’s World Cup journey has been nothing short of remarkable. The island nation of roughly 600,000 people secured a historic 0-0 draw against Spain in their tournament debut, earning their first-ever World Cup point and punching a ticket to the knockout stage.
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Vozinha was the star of that defensive masterclass, keeping a clean sheet against one of the tournament favorites. His subsequent emotional remarks about fulfilling a lifelong dream of competing against Messi added a layer of narrative gold that sports media and, apparently, memecoin creators couldn’t resist.
Multiple unofficial tokens trading under variations of the VOZINHA ticker have surfaced on decentralized exchanges in recent days. Their market capitalizations range from roughly $2K to $28K.
These tokens exist exclusively on Solana-based decentralized exchanges. None carry endorsements from Vozinha himself, the Cape Verde Football Federation, or FIFA.
The sports-memecoin playbook Lionel Messi himself has history in the fan token space through his past association with platforms like Socios and the Paris Saint-Germain fan token. But there are zero direct ties between Messi, any official sports token platform, and the VOZINHA assets currently trading.
Low liquidity is the critical factor here. When tokens trade exclusively on DEXs with minimal volume, the spread between buy and sell prices can be enormous. A token might show a $28K market cap on paper, but actually converting that position back to stablecoins or SOL at anything close to the listed price is a different story entirely.
What this actually means for the market No centralized exchanges have listed any VOZINHA-related tokens. There are no established protocols, utility functions, or partnership frameworks backing them. The Cape Verde Football Federation has not announced any blockchain initiatives or official fan token programs.
The absence of centralized exchange listings is particularly telling. It means these tokens haven’t passed even the basic due diligence thresholds that major platforms apply.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Crypto markets have had plenty to digest today, and this development adds another layer to the picture. Solana Hits Record $3.4 Billion in Real-World Asset (RWA) Expansion gives NewsBTC readers a clean angle on Solana at a point where the market is trying to separate durable signals from short-lived noise.
According to the source material reviewed for this report, the story turns on a few concrete details rather than vague sentiment. That matters because crypto headlines can move quickly, but the pieces that tend to last are the ones backed by filings, official releases, data dashboards, or protocol-level records.
TL;DR
Solana-based real-world asset (RWA) TVL has reached a record $3.4 billion. The growth is accompanied by an expansion in on-chain stablecoin supply, which has climbed past $16 billion. These metrics reflect rising developer and institutional demand for Solana's low latency settlement layer. What Changed The immediate relevance is that this development fits into one of the market’s main themes for the day: institutional positioning, network usage, regulatory pressure, protocol development, or asset-specific rotation. In this case, the key topic is Solana, which is why it deserves a dedicated read rather than being buried inside a broader market recap.
For traders, the useful part is not simply that the headline exists. It is the way the facts line up with the current market backdrop. When official sources, market data, or protocol records show a fresh shift, readers get a better sense of whether the move is just a one-day reaction or part of something more structural.
Why It Stands Out The core source for this story is defillama.com with supporting data from defillama.com. That source trail is important because the final article should not rely on discovery-only media links or second-hand summaries.
Solana-based real-world asset (RWA) TVL has reached a record $3.4 billion.
The growth is accompanied by an expansion in on-chain stablecoin supply, which has climbed past $16 billion.
These metrics reflect rising developer and institutional demand for Solana's low latency settlement layer.
The numerical claims in the pack were tied back to specific source material before writing. '$3.4 billion' sourced from DeFiLlama Solana RWA TVL dashboard (July 2, 2026); '$16 billion' sourced from DeFiLlama Solana Stablecoins supply dashboard (July 2, 2026)
What Comes Next The caution is just as important as the headline. Do not count speculative memecoins as part of the RWA calculation.
That means the cleaner read is to treat this as a confirmed development with a defined scope, not as proof of a guaranteed price move or a sweeping market shift. In crypto, the difference matters. A verified data point can strengthen a thesis, but it does not remove execution risk, liquidity risk, regulatory uncertainty, or the possibility that traders fade the initial reaction.
For now, the story gives the market another piece of evidence to weigh. If follow-up filings, dashboard updates, protocol records, or official statements confirm further momentum, the angle can develop into something larger. If not, it still stands as a useful snapshot of where activity is concentrating today.
This report is based on information from defillama.com and defillama.com.
This article was written by the News Desk and edited by Samuel Rae.
Capital is turning its back on crypto faster than it arrived earlier this year. The Santiment update on June market dynamics paints a sobering picture: Bitcoin slumped, money poured out of ETFs, AI equities grabbed speculative attention, a brief Iran scare added weekend whiplash, and Solana’s memecoin mania created chaos rather than sustainable traction. As the second half of 2026 begins, the market is left confronting a liquidity drain that few predicted at the cycle’s start.
BTC’s decline in June wasn’t just about price. The flow of capital out of spot ETFs signals that institutions and retail traders are hitting the brakes. While Bitcoin has historically rallied in the months following halvings, the current environment is different. The competing pull of AI stocks has become a real drain on risk capital that might otherwise rotate into crypto narratives. When Nvidia and other AI names offer visible earnings narratives, digital gold struggles to hold speculative attention, especially when ETF products make leaving as easy as clicking “sell.”
Liquidity Diverted, Not Destroyed The key observation from the Santiment note is that the capital isn’t evaporating entirely—it’s being redirected. Equities linked to artificial intelligence have acted as a giant sponge, absorbing flows that previously chased crypto volatility. This dynamic has been building for months, but June confirmed that crypto is no longer the only high-beta game in town for growth-focused portfolios. For traders, this means BTC and Ether rallies now need a clearer catalyst to compete with AI-driven momentum.
Meanwhile, the regulatory backdrop remains messy. Even as ETF outflows accelerate, Washington’s legislative path is far from settled. Just days before a crucial Senate vote, major banks are pushing to kill one of the most significant crypto bills in US history. That uncertainty may be discouraging new institutional allocations. If the rules stay murky, ETF flows could remain under pressure regardless of spot price action.
Solana’s Memecoin Hangover Solana’s network saw wild memecoin activity in June, but the aftermath has been more disarray than adoption. The Santiment report frames the episode as “memecoin chaos,” not a healthy ecosystem expansion. While fee generation spiked, so did congestion and user losses, which tends to push serious builders away. Tellingly, developer activity on Solana remains among the top blockchains, as recent data on developer activity this week indicates, but the path from speculative frenzy to durable infrastructure is never linear. The next few weeks will show whether the network can absorb the damage or whether the memecoin washout leaves a lasting dent in user trust.
What remains uncertain is whether July can repair the damage. ETF outflows may slow if BTC stabilizes above key support, but a genuine turnaround likely requires a macro catalyst or an AI rotation. Iran-related weekend volatility also reminded traders that geopolitical surprises haven’t gone away. For now, the H2 reset feels less like a healthy consolidation and more like a market waiting for a reason to believe again.
AUTHOR
Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
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.
The tokenization firm put its real common stock on Solana and Avalanche the same day it began trading on the New York Stock Exchange, in what it says is a first for a newly public company.
Posted July 2, 2026 at 8:15 pm EST.
Securitize put its own stock on a blockchain the day it went public. The tokenization firm began trading on the New York Stock Exchange under the ticker SECZ on Thursday and the same day tokenized its common stock on Solana and Avalanche. According to the company, it is the first newly public company to bring its own equity onchain on its first day of trading.
Tokenized SECZ was worth roughly $295 million onchain as of publication, according to data tracker RWA.xyz. Each token is the same common stock that trades on the exchange, the company said, rather than a newly created share class.
That distinction is the whole point. Over the past year, exchanges and brokerages including Robinhood, Kraken, and Coinbase have rolled out tokenized stock products, but most are third-party tokens that track shares the platform holds or references. Securitize instead put its own registered shares onchain through its own SEC-licensed transfer-agent and broker-dealer rails.
Co-founder and CEO Carlos Domingo said in the announcement: “SECZ is not a synthetic token or offshore wrapper. It is issuer-sponsored tokenization of the same common stock trading on the NYSE, made available through regulated infrastructure.”
Domingo was blunter in an interview: “We just wanted to lead by example and show people that if you want to issue real shares onchain, not fake shares, not copy cats, whatever you want to call it, then you can do it.”
Securitize, whose existing backers include BlackRock and Ark Invest, went public through a merger with the special-purpose acquisition company Cantor Equity Partners II. It has spent years building tokenization plumbing for asset managers, and was tapped by the NYSE earlier this year to help build a 24/7 tokenized-equity trading platform.
Company president Brett Redfearn put it more plainly in an interview: “We’re gonna eat our own dog food.” He expects other public companies to bring their shares onchain within the year.
Related Listen: Why Authorities Can’t Freeze Crypto Fast Enough: DEX in the City
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
When a company lists on the New York Stock Exchange and simultaneously puts its own equity on-chain, it’s making more than a technological statement. Securitize, which began trading on the NYSE on July 2, tokenized $295 million of its Class A common stock on Solana and Avalanche at launch. As the original report noted, it is the largest issuer-sponsored tokenized stock ever launched. The move draws a clear line against third-party platforms that mint synthetic equity tokens without the issuer’s blessing.
The scale matters. A $295 million issuance dwarfs previous tokenized stock experiments. Securitize isn’t a startup dipping a toe; it’s a regulated transfer agent and now a public company. By issuing its own shares as digital assets on two competing smart contract platforms, Securitize signals that companies can control their tokenized equity rails instead of relying on external token issuers that sometimes operate in regulatory gray zones.
This shift arrives as the broader tokenization of real-world assets accelerates. In the past week alone, the RWA market crossed $20 billion on-chain, while Bullish acquired Equiniti for $4.2 billion and Ondo settled the first live tokenized Treasury trade with JPMorgan. Securitize’s self-issuance fits that pattern of established firms moving from experimentation to live capital markets infrastructure.
Two Chains, One Point Choosing both Solana and Avalanche rather than a single chain avoids platform risk and shows the company is not betting on one ecosystem. Solana’s high throughput and low latency, paired with Avalanche’s subnet architecture and institutional partnerships, offer complementary trade-offs. Both chains rank near the top in recent developer activity, which is critical for long-term security and maintenance of tokenized asset contracts.
The dual issuance also makes life harder for a rival tokenized stock platform. If a company can mint its own shares natively on multiple chains, the value proposition of third-party synthetic tokens weakens. Those platforms often rely on oracle-based price pegs and custody arrangements that introduce additional risk layers. An issuer-controlled model, with direct settlement and transfer agent oversight, avoids that complexity.
Regulatory Context Looms Tokenized equity sits at the intersection of securities law and blockchain compliance. Securitize is a registered transfer agent, so its tokenized stock is designed to stay within regulatory boundaries. But the broader landscape remains unsettled. A major crypto bill is moving through the U.S. Senate, with banks pushing for last-minute changes that could alter the regulatory treatment of digital assets. How tokenized securities are classified under future rules will determine whether issuer-led models like Securitize gain an edge over less compliant alternatives.
For now, the NYSE listing provides public market credibility while the on-chain shares offer 24/7 transferability and programmability. It’s a hybrid that could become a blueprint. If more publicly traded companies follow Securitize’s example, third-party tokenized stock platforms may find themselves squeezed between regulators and issuers who prefer to own the entire vertical stack.
What Remains Uncertain Liquidity is the open question. Tokenized shares on Solana and Avalanche will need secondary market infrastructure to attract holders beyond early adopters. Without deep order books or widespread integration with broker-dealers, the tokens could remain a symbolic milestone rather than a liquid alternative to exchange-traded shares. Securitize has not yet detailed which venues will support trading of the tokenized stock.
Interoperability across chains also introduces challenges in tracking ownership and maintaining corporate actions. While the dual-chain approach broadens access, it splits liquidity and could create discrepancies in shareholder communications. The market will watch whether asset managers and institutional investors actually demand tokenized shares instead of simply holding the NYSE-listed version.
What Securitize has done is plant a flag. It turned its own equity into a live case study. The outcome will tell the market whether issuer-sponsored tokenized stock can scale beyond a single well-resourced company.
AUTHOR
Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
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.
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.
Luka Modric just became only the fourth player in history to earn 200 international caps, reaching the milestone on June 23, 2026, during Croatia’s 1-0 win over Panama at the FIFA World Cup. At 40 years old, playing in his fifth World Cup, the midfielder is writing the final chapter of one of the most decorated international careers ever.
Modric was appointed as the global brand ambassador for CoinW, a crypto asset trading platform, back on April 9, 2026. He also launched a Solana-based meme token, $MODRIC, which reached a market cap of roughly $100K by early June 2026.
A World Cup career for the ages At 40 years and 291 days old, he became the oldest player to provide an assist in World Cup history during Croatia’s match against Ghana on June 27. He was selected for the Croatian squad on May 18, 2026. He has captained Croatia since 2016 and led the team to consecutive World Cup runner-up finishes in 2018 and 2022.
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Modric has appeared in every major tournament Croatia qualified for since his debut in 2006. His contract with AC Milan is also expiring, though no official announcement has been made regarding his future in the sport.
The crypto play: CoinW and $MODRIC His role as CoinW’s global brand ambassador represents a strategic celebrity partnership. CoinW gets access to Modric’s global fanbase; Modric gets a foothold in the crypto industry.
The $MODRIC token was launched on Solana around October 2025 and reached a market cap of approximately $100K by early June 2026. By crypto standards, a $100K market cap is small — meme coins regularly surge into the hundreds of millions.
What this means for investors For CoinW specifically, the partnership could drive user acquisition in European markets. Modric’s ambassadorship combined with the $MODRIC token launch creates multiple touchpoints between his personal brand and the blockchain ecosystem.
The $MODRIC token carries risks tied to Modric’s public relevance. A retirement announcement could either spike interest temporarily or drain it permanently.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.