The crypto market is experiencing a dynamic shift as different projects chart distinct paths. Currently, the Monero price is navigating a period of careful consolidation, leaving market participants to deliberate on its long-term potential to hit the $1,000 landmark. Concurrently, the Solana price forecast indicates a gentle upward trend, with everyday retail buyers focusing closely on a crucial breakout point around the $75 threshold.
Meanwhile, BlockDAG (BDAG) has sparked an intense wave of buyer enthusiasm by upgrading its World Cup Bonus from 50% to a full 100%. This aggressive strategy comes on the heels of a substantial $500 million valuation surge, fueled by the introduction of its innovative BDAG AI. With a remarkably low entry price of $0.00000066 and an anticipated future buyback target of $0.03, early adopters have a massive return on investment within reach. This powerful combination of factors underscores why many view BlockDAG as the next crypto to explode.
Monero Navigates Regulatory Hurdles & Market Cool Down Table of Contents
Monero Navigates Regulatory Hurdles & Market Cool DownSolana Challenges Vital Resistance LevelBlockDAG Drives Demand with Upgraded 100% World Cup BonusFinal Thoughts The Monero price has recently displayed a mixed performance, marked by a slight daily dip of roughly 0.49% and a broader weekly decline exceeding 5%. At present, the token is maintaining its footing around the $308 mark, reflecting a general slowdown across the wider digital asset landscape. Despite this subdued price action, Monero has experienced a notable spike in engagement, with daily trading volumes climbing by more than 29%. This surge indicates that market participants remain highly active.
Looking ahead, several analysts maintain an optimistic outlook, projecting that the asset could realistically fluctuate between $320 and $465 in the medium term. Over a longer horizon, Monero could potentially breach the $1,000 threshold, driven by sustained demand for its robust security features and private transaction capabilities. However, investors must weigh this optimism against a substantial headwind: escalating global regulatory scrutiny on privacy-focused digital assets, which could significantly constrain its future expansion.
Solana Challenges Vital Resistance Level The near-term Solana price forecast leans cautiously optimistic as the cryptocurrency edges upward to test a pivotal resistance barrier at $75.00. This upward momentum is primarily sustained by retail investors, whose growing confidence is keeping the price steady despite a noticeable drop in aggressive buying from institutional players.
Achieving a clean breakout above this $75.00 level could unlock further bullish momentum, potentially driving the token toward the prominent $100.00 target. Conversely, if retail buying power fades, the asset risks a reversal that could pull it down to a reliable support floor at $67.50.
While Solana continues to attract significant interest due to its high transaction speeds, the network is still held back by its history of sporadic technical glitches and stability issues, which have previously caused unexpected transaction freezes.
BlockDAG Drives Demand with Upgraded 100% World Cup Bonus BlockDAG has captured the attention of the crypto community by doubling its World Cup Bonus from 50% to 100%. This promotional event essentially doubles the token allocation for participants at no extra cost, offering a direct mechanism to scale up holdings instantly through a full token match on every acquisition.
Available at an entry point of $0.00000066, this window offers an advantageous setup for individuals aiming to accumulate BDAG before subsequent pricing adjustments take effect. This appeal is heightened by a structured $0.03 buyback plan, establishing a clear future liquidity target for early backers.
Beyond promotional incentives, the project has expanded its infrastructure by introducing BDAG AI, an integration that has driven a $500 million increase in BlockDAG’s overall valuation. The project’s developmental roadmap also highlights plans for a fully compliant cryptocurrency exchange alongside a standalone mobile application, both designed to optimize the user trading experience.
Furthermore, the ecosystem ensures immediate token delivery upon purchase, eliminating waiting periods. Backed by steady operational milestones and accelerating market interest, BlockDAG continues to solidify its reputation as the next crypto to explode.
Final Thoughts While regulatory pressures cause the Monero price to move at a slower pace and the Solana price forecast confronts near-term resistance, BlockDAG continues to build exceptional momentum. By launching an active 100% World Cup Bonus and achieving a $500 million valuation increase via its advanced AI ecosystem, the project has redefined market expectations.
The opportunity to acquire BDAG at $0.00000066 is rapidly narrowing as global interest intensifies, positioning the project as a highly compelling option for forward-thinking traders.
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Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Solana is rapidly gaining traction across the Real World Asset (RWA) market as it has continued to see a notable surge in its market value for RWAs.
Earlier today, the top-performing blockchain network data on its latest milestone, disclosing that it has surpassed a massive $3.4 billion in its RWA value.
Solana sees rapid growth in tokenizationWhile tokenized real-world assets have continued to gain momentum across the crypto space, Solana has become the top choice of network among businesses looking to bring traditional financial assets onchain.
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With the blockchain now surpassing $3.4 billion in the total value of its real-world assets ecosystem, Solana's RWA market has achieved a new all-time high in less than three years since launch.
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While Solana has remained a top-performing blockchain across the crypto ecosystem, its rapid expansion in tokenized assets is largely attributed to its unique utility.
Moreover, Solana has continued to hit new milestones in major sectors, all thanks to its faster transaction speeds, scalability, and rising adoption among institutions and developers.
Over the years, Solana has become a major network for investors seeking to leverage tokenized assets in a bid to maximize returns.
Solana breaks resistance at $79Solana's impressive growth has extended beyond its real-world asset ecosystem, as the asset has continued to see a rapid surge in its price movement over the last day.
After consistently trading in the red territory in the past weeks, Solana has suddenly seen a sharp shift in market sentiment, and it has surged by over 8% in the last 24 hours, breaking past its major resistance at around $79.
Solana just got a formal way for its community to weigh in on the network’s future. The Solana Foundation has launched Solana Governance Proposals, or SGPs, an on-chain governance system that lets validators and SOL delegators cast stake-weighted votes on big-picture decisions for the protocol.
Think of it as Solana’s version of a shareholder vote, except instead of shares, your voting power comes from the amount of SOL you’ve staked. And unlike a typical corporate proxy vote, delegators can actually override their validator’s position on any given proposal. The Foundation is calling this “staker sovereignty.”
How the governance system works The barrier to even propose something is steep. Validators need a minimum of 100,000 SOL, roughly $7.7 million at current prices, just to register an SGP.
Once a proposal is registered, it needs to clear two major hurdles before it can pass. First, at least 15% of active cluster stake must support the proposal before a formal vote even begins. Second, passage requires a two-thirds supermajority of voting stake.
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All voting happens on-chain, recorded using Merkle proofs. In English: the cryptographic receipts are baked directly into the blockchain, making the results transparent and tamper-resistant.
The key innovation here is the delegator override mechanism. If you’ve staked your SOL with a validator and that validator votes one way on a proposal, you can use your own stake weight to vote the opposite direction. Your validator picks door A, you pick door B, and your portion of the stake counts toward door B.
The Foundation has set up dedicated infrastructure for the system. A governance dashboard lives at governance.solana.com, while documentation is available at docs.governance.solana.com.
SGPs vs. SIMDs: different tools for different jobs Solana already has a governance process for technical changes called Solana Improvement Documents, or SIMDs. These handle the nuts-and-bolts engineering decisions: protocol upgrades, feature implementations, and technical specifications.
SGPs are designed to operate alongside SIMDs, not replace them. Where SIMDs deal with the “how” of building Solana, SGPs tackle the “what” and “why.” Strategic direction, high-level policy questions, and significant protocol decisions fall under the SGP umbrella. Solana aims to maintain core developer oversight over day-to-day engineering adjustments while the SGP framework handles higher-level community input.
What this means for SOL holders and investors The 100,000 SOL threshold for proposal registration means this isn’t grassroots democracy. It’s governance by major stakeholders, with a mechanism for smaller delegators to have their say during the voting phase.
The 15% stake threshold for triggering a vote is high enough to filter out frivolous proposals but low enough that a coalition of mid-sized validators could theoretically push something to a vote without needing backing from the largest players.
The two-thirds supermajority requirement for passage is a deliberately high bar that makes it difficult for narrow majorities to push through controversial changes.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana price has erased much of June’s decline by reclaiming the $80 level, with record transaction activity and a technical breakout driving fresh optimism.
Summary
Solana price has reclaimed the $80 level after record network activity and governance upgrades boosted buying momentum. Technical indicators favor further gains, with the next major resistance and liquidation cluster sitting near $90. Analysts remain divided as bullish momentum strengthens, while some traders warn the rally still faces key resistance. According to crypto.news data, Solana (SOL) price traded around $81.3 at the time of writing, up nearly 10% over the past 24 hours after breaking above the psychological $80 barrier for the first time in weeks. The recovery followed a series of network milestones that revived investor sentiment, while the broader crypto market also benefited from improving risk appetite after June’s steep correction.
Fresh on-chain data added fundamental support to the rally. Solana recently activated its Governance Proposal (SGP) framework, allowing validators and delegators to vote directly on network decisions. At the same time, the blockchain recorded an all-time monthly high of 3.77 billion non-vote transactions over the past 30 days.
Network activity also continued to dominate tokenized equities, with Solana processing more than $3.31 billion in decentralized stock trading and capturing roughly 95.6% of the sector’s volume. The network has now led all Layer-1 blockchains in decentralized application revenue for nine consecutive quarters.
Speculative demand has also remained elevated around Solana’s expanding ecosystem. Meme coin launchpads continue generating substantial protocol fees, while anticipation surrounding the Alpenglow consensus upgrade has encouraged traders to accumulate ahead of the expected third-quarter mainnet rollout. The upgrade is designed to reduce transaction finality to around 100 milliseconds, one of the fastest settlement targets among major public blockchains.
Technical breakout opens path toward the $89–$90 resistance zone The daily chart shows Solana rebounding strongly after finding support near the 78.6% Fibonacci retracement around $68.4, where buyers defended the June selloff and formed a double-bottom structure. The latest advance has broken above a descending trendline that capped prices throughout the second half of June while also reclaiming the 61.8% Fibonacci level near $74.8.
Solana daily price chart — July 2 | Source: crypto.news Momentum indicators have strengthened alongside the breakout. The MACD has completed a bullish crossover with expanding positive histogram bars, while the Chaikin Money Flow has climbed above zero to 0.15, showing capital has returned to the asset after weeks of distribution.
The next technical hurdle sits near the 50% Fibonacci retracement around $79.3, which has already been reclaimed, leaving the 38.2% retracement near $83.8 and the 23.6% level around $89.4 as the next upside objectives before the late-May high near $98.
Derivatives positioning also supports higher volatility. CoinGlass liquidation heatmaps show a dense concentration of leveraged short positions clustered between $82 and $84, with another significant liquidity pocket extending toward $89. A continued push higher could trigger additional short liquidations, accelerating any move toward the $90 region.
Solana liquidation heatmap | Source: CoinGlass Commenting on the market structure, analyst Michaël van de Poppe wrote, “SOL is in an uptrend against BTC… buy the dip territory on this one,” adding that he expects the trend to continue into August and September after Solana broke above key daily moving-average resistance against Bitcoin.
Failure to hold above $80 could revive bearish pressure Not every analyst expects the recovery to continue uninterrupted. According to crypto analyst BATMAN, Solana is once again testing a major resistance area that has rejected price several times this year. He warned that a bearish divergence on the stochastic oscillator raises the possibility of another rejection if buyers fail to sustain momentum.
$SOL is currently testing the major resistance level once again.
Just like last time, I believe this time will be no different, another rejection.
To add to this one, there is a clear bearish divergence forming against the Stochastic.
— BATMAN ⚡ (@CryptosBatman) July 2, 2026 Macro conditions also remain a risk. Elevated U.S. interest rates continue to compete with speculative assets for institutional capital, while digital asset investment products have experienced intermittent ETF outflows in recent weeks. Any renewed deterioration in global risk appetite or delays to U.S. crypto legislation could reduce buying interest.
From a technical perspective, losing the reclaimed $79-$80 area would weaken the current breakout and expose support near $74.8, followed by the June demand zone around $68.4. Holding above those levels keeps the recovery structure intact, while a decisive break above $83.8 could open the way for an advance toward the $89-$90 resistance band.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
$SOL Breaks Through $80 After Bouncing Off $60 SupportSolana's native token $SOL has pushed past the $80 psychological resistance level, completing a 32% recovery from its recent local low near $60. The move marks a significant shift in short-term momentum for a token that spent much of the second quarter of 2026 under sustained selling pressure.
The $60 level had emerged as a firm floor for the asset. As Analytics Insight noted, each time $SOL approached that zone, buyers stepped in to halt further decline, a pattern that typically reflects confidence among longer-term holders. According to CoinPedia, $SOL staged a rebound from a sharp sell-off that dragged price to around $62, with the recovery helping stabilize the token above $70 before the latest leg higher.
The breakout above $80 follows what @BSCNews describes as a definitive RSI reversal on the daily timeframe, a signal widely watched by technical traders as an indication that bearish momentum has run its course. Yahoo Finance reports that the Relative Strength Index climbed toward 60 heading into July, indicating building momentum from buyers, with a daily close above $80 seen as strengthening the recovery case.
What Comes Next for Solana?Breaking $80 opens the technical path toward higher targets, though analysts urge caution. CoinPedia highlights that rising open interest in the derivatives market signals fresh capital inflows, strengthening the case for an extended rally toward the $95 to $100 resistance zone. Analytics Insight adds that a breakout above $80 could open the path toward $90 and $100, supported by growing Solana ETF inflows that have surpassed $1.1 billion.
On-chain activity also supports the bullish case. Solana's DeFi protocols have posted strong fee growth in recent weeks, with DEX platforms including Orca and PumpSwap recording significant month-on-month increases, suggesting genuine network usage rather than purely speculative price action.
That said, the broader picture remains mixed. The @Solana ecosystem endured a multi-week period of price suppression, and longer-term moving averages continue to trend downward. Whether the $80 breakout holds or becomes another failed attempt at reclaiming that level will likely depend on sustained buying volume and broader crypto market conditions over the coming sessions.
Sources:
Analytics Insight: Solana Price Analysis - Can SOL Reclaim $80 After Holding the $60 Support Level?
CoinPedia: Solana SOL Price Rebounds as Open Interest Rebuilds
Yahoo Finance: What to Expect From Solana (SOL) in July 2026
Solana keeps giving me reasons to write about it, and this week delivered two good ones at once. SOL is trading at $78.17, up almost 5% on the day and better than 13% on the week, far and away the strongest major coin in this rebound (live SOL price on CoinGecko). And while the price climbed, something genuinely fun launched on the network: a full prediction market, live inside the most popular Solana wallet. Let me walk you through both, and the one level that now matters more than anything.
The launch that has the ecosystem buzzing Here is the fresh news. A project called World just launched a fully on-chain, non-custodial prediction market directly inside the Phantom wallet, the app millions of Solana users already have on their phones. People can trade contracts on crypto prices and even the 2026 FIFA World Cup, with instant settlement on Solana using Phantom’s CASH stablecoin, and Chainlink oracles feeding the data.
Why does this matter beyond the novelty? Because prediction markets are one of crypto’s proven, sticky use cases, Polymarket and Kalshi built huge businesses on them, and now Solana has a native challenger living inside a wallet people already use daily. No new app, no bridge, no friction. The Solana Foundation is showcasing it as proof of what the network does best: real-time trading with instant on-chain settlement. Every trade is real activity on Solana, and it stacks on top of everything else going on.
The momentum under the price And there is a lot going on. This rally is not running on fumes. Solana ETFs pulled in $5.52 million in fresh inflows to start the week, extending the pattern we have watched for weeks: institutions rotating toward SOL products, which uniquely pay staking yield, while Bitcoin and Ethereum funds bleed. On-chain activity is near yearly highs. Options traders are stacking demand for $86 calls, positioning for more upside. And the adoption parade keeps rolling: MoneyGram running a validator, 95% dominance in tokenized stock trading, Morgan Stanley filing the cheapest crypto ETFs anywhere at 0.14% fees.
Even the ecosystem tokens are confirming the move. Jito is up 18% on the week, Pyth 17.5%, Pump.fun nearly 16%. When the whole ecosystem rallies together, that is capital genuinely rotating in, not one token getting squeezed.
The level that decides everything: $80 Now for the part that matters most. SOL at $78 is pressing right against its 50-day moving average near $75 to $78, and the big round $80 sits just above. Analysts watching the chart put it plainly: a decisive close above $80 opens the path toward much higher levels, with some eyeing a run toward $120 if the breakout sticks. The RSI has crossed above its midline and momentum is building, exactly what you want to see heading into a resistance test.
But I owe you the honest version too. This is the third time SOL has approached this zone during the correction, and the previous attempts were rejected. The 200-day average way up near $98 reminds you the bigger downtrend has not been broken yet. A rejection at $80 likely means a pullback toward $70, and if Bitcoin stumbles back below $60,000, Solana will feel it no matter how good its own news is. Relative strength is not immunity, and I will keep saying that even on the good days.
The levels worth watching On the upside, $80 is the test, a decisive close above it targets $86 first (where the options interest sits) and opens the bigger recovery scenario. On the downside, $75 is the first support at the 50-day average, then $70, with the $66 to $67 zone as the floor that has held through the correction. Above $80, this stops being a bounce and starts being a trend change.
Bringing it together Solana at $78 is the clear leader of this rebound, up 13% on the week with real fuel behind it: a prediction market launching inside Phantom, fresh ETF inflows, yearly-high network activity, and an ecosystem rallying in unison. Now comes the test that decides whether this is another failed bounce or the start of something bigger: the $80 level.
Watch it closely. A clean break above $80 with follow-through targets $86 and beyond, and would make Solana the first major coin to genuinely escape this correction’s gravity. A rejection sends it back toward $70 to regroup. Either way, Solana has earned its spot as the most interesting chart in crypto right now, and for once, the fundamentals underneath fully deserve the price action.
FAQ What is the Solana price today?
Solana is trading at $78.17 on July 2, 2026, up almost 5% on the day and more than 13% on the week, the strongest major coin in the market rebound, pressing against the key $80 resistance.
What is the World prediction market on Solana?
World is a fully on-chain, non-custodial prediction market that launched inside the Phantom wallet this week. Users trade contracts on crypto prices and the 2026 FIFA World Cup with instant Solana settlement, using Chainlink oracles and Phantom’s CASH stablecoin.
Why is Solana going up?
Solana’s rally is backed by $5.52 million in fresh ETF inflows, on-chain activity near yearly highs, the World prediction market launch, options demand at $86, and its 95% dominance in tokenized stock trading. Ecosystem tokens like Jito and Pyth are rallying alongside it.
What happens if Solana breaks $80?
Analysts see a decisive close above $80 opening the path toward $86 first, where options interest is concentrated, with some eyeing a larger move toward $120 if the breakout holds. Previous attempts at this zone were rejected, so follow-through is key.
What are the key Solana levels to watch?
Resistance is $80, then $86. Support is $75 at the 50-day moving average, then $70, with the $66 to $67 zone as the correction floor. A rejection at $80 likely means a pullback toward $70.
This is not investment advice. Cryptocurrency is highly volatile. Always do your own research.
In recent weeks, Standard Chartered, which has been focusing on the DeFi space beyond Bitcoin and Ethereum, has been examining Uniswap, Morpho, and Aave.
At this point, British banking giant Standard Chartered, which previously expected a 40x increase in value for Uniswap, a 50x increase for Aave, and a 33x increase for Morpho, has now announced its target for Bitcoin.
Geoff Kendrick, head of digital asset research at Standard Chartered, who attended the Digital Asset Investment Analysis Forum 2026 in Yeouido, South Korea, announced his year-end target for Bitcoin.
Kendrick stated that inflows into US spot ETFs and from institutional investors would increase, and predicted that Bitcoin would reach $100,000 by the end of the year and $500,000 in 2030.
Kendrick stated that Bitcoin will rise to $100,000 by the end of this year. However, in the short term, $75,000 and $85,000 could act as significant resistance levels. If Bitcoin breaks above these levels, it could reach $100,000 by the end of the year.
Kendrick noted that some analysts expect Bitcoin to fall to $20,000 to $30,000 in the fourth quarter, but that this probability is close to zero.
Kendrick stated that Bitcoin is nearing its bottom and that now is the time to accumulate through gradual buying rather than panic selling.
The analyst noted that spot Bitcoin ETF holders largely held onto their positions despite the recent price drop, arguing that this increases the likelihood of a different market cycle than in past downturns.
Kendrick concludes by stating that stablecoins, Ethereum, Solana, and decentralized finance (DeFi) will be key growth catalysts, predicting that Ethereum will reach $4,000 and Solana will reach $135 by the end of the year.
*This is not investment advice.
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The value of tokenized real world assets (RWA) on the Solana blockchain has soared to an all time high of $3.41 billion, highlighting a major leap in blockchain adoption within traditional finance. Data from RWA.xyz reveals a sharp acceleration in this segment, particularly notable compared to market capitalization figures that were well below $500 million just around mid 2025. This unprecedented growth signals a pivotal shift toward blockchain based assets.
The pace of RWA growth acceleratesAccording to the latest distribution data, a substantial $3.29 billion of the total is derived from distributed assets, with another $125.86 million coming from represented assets. This landscape reflects a migration of traditional financial instruments, such as tokenized stocks and private credit, into the blockchain sphere at an increasing rate.
Mini glossary: RWA refers to the process of transforming real world assets into digital tokens on the blockchain. This structure aims to simplify the tracking and transfer of traditional assets — including stocks, bonds, loans, or fund shares — using blockchain technology.
The market’s focus has increasingly shifted to networks that offer rapid transaction speeds and low costs. Industry observers note that many companies have moved past the pilot phase and are now engaging with large scale, directly utilized blockchain projects.
Analyst CillionaireMind highlights that tokenized stocks, funds, and real world assets are becoming ever more prominent, while Solana is emerging as the fastest growing hub in this trend.
On chain metrics reveal a usage surgeDaily network metrics further reinforce the scope of this expansion. Notably, Solana’s usage has remained robust even during periods when crypto asset prices have remained flat, demonstrating sustained network demand that transcends short term price fluctuations.
ElliotsCrypto points out that Solana’s transaction fees surged to the highest level in the past 30 days, marking a rise of over 60 percent compared to the previous month. This uptick indicates a significant increase in network activity as the industry moves into the third quarter.
According to ElliotsCrypto, Solana fees have reached a 30-day peak with more than a 60 percent increase from last month, signaling intense network utilization.
Major institutional infrastructure steps underwaySolana is also implementing significant governance changes to better secure network upgrades. The Solana Foundation has launched a new framework called Solana Governance Proposals, allowing validators who control more than 100,000 delegated SOL to vote on the adoption of new network rules. The non profit Solana Foundation remains one of the key drivers of the ecosystem’s ongoing development.
In parallel, mainstream corporations are making concrete advances in blockchain payments. Notably, South Korean payment processor KG Inicis plans to enable 220,000 online merchants to accept stablecoin payments via the Solana network. The company reached this milestone after successfully completing a pilot that began in April 2026 and subsequently formalized its collaboration with the Solana Foundation.
This integration is expected to bring a significant portion of KG Inicis’s annual transaction volume — estimated at 25 trillion Korean won — onto Solana. The move stands as a striking example of how commercial adoption and payment infrastructure are converging with tokenization on the same blockchain, possibly signifying the start of a new phase of real world asset integration in the crypto landscape.
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.
Solana finds itself at a pivotal moment from a technical analysis perspective. Two separate chart studies suggest that SOL could be entering a base-building phase, potentially setting the stage for a significant price move. One scenario draws on the Wyckoff accumulation structure, while the other focuses on the recovery of a historic support region that played a crucial role in previous cycles.
Wyckoff rebound attempt at the major support zoneOn the daily chart, SOL’s price shows a pattern of prolonged sideways movement following a period of sharp selloffs. This price action closely mirrors the bottoming phase illustrated in the classic Wyckoff accumulation schematic. Particularly notable is the recent brief dip below a support level, followed by a rapid attempt to recover.
In Wyckoff theory, these fleeting breaks below support are referred to as “springs.” Such movements typically trap sellers, after which buyers re-enter the market with conviction. On the chart, this key spring zone is marked in the $65 to $70 range.
At present, SOL is making efforts to push away from this area. If buyers continue to defend this support level, the next significant resistance band is found between $95 and $105. Establishing a solid foothold above this region could reinforce the case for accumulation and signal a shift in momentum.
The technical picture has yet to be confirmed. For the upside breakout in SOL’s price to be validated, it must recapture the top of the resistance band and sustain this move with robust buying volume.
However, the risk of a failed rebound remains. Should the price slip again below the support area and fail to reclaim it, the Wyckoff-based accumulation outlook could weaken, leaving the market to consolidate at lower levels for a longer period.
Historic support region back in playBroader timeframe analysis—specifically the two-day chart—shows Solana nearing a critical level that could ignite renewed bullish momentum. Analyst Javon Marks, known for his independent chart insights, notes that recapturing this historically significant area, which has acted as support in several prior market cycles, could clear the path for a much stronger rally.
The $75 to $80 range stands out as horizontal support. This region’s significance stems from previous inflection points in 2022, 2024, and 2026 (projected). Because of this, market participants are closely monitoring price action in this zone to gauge the health of the overall structure.
Technical ZoneLevelSignificanceLower support$65 to $70Wyckoff spring zoneNearby support$75 to $80Historical recapture areaResistance band$95 to $105Upside confirmation zoneInitial target$233.8Next major technical targetUpper target$456Level watched on strong breakoutA recovery of this former support can, according to technical analysis, signal a renewed advantage for buyers. The current chart scenario indicates that Solana is attempting to establish a base at a historically important level, potentially clearing the way for a more decisive upward move in the near future.
Javon Marks estimates that if SOL can convincingly reclaim this region, it could open up roughly 200 percent in potential upside, with $233.8 standing out as the first major technical target.
Still, this bullish scenario is not confirmed. For a more sustained upward trend, the price must not only surmount the support zone but hold above it. Failing to do so would cast doubt on the recovery attempt, possibly requiring the market to base for longer before a durable rally can begin.
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.
Proposals require backing from validators controlling 15% of active stake.
Framework provides directional consensus before technical specifications are drafted.
Token delegators gain ability to override their validator’s voting decisions.
New system distinguishes community sentiment from technical implementation processes.
The Solana Foundation has introduced a stake-weighted governance mechanism designed to formalize protocol decision-making across the network. This new system enables validators to submit directional proposals that advance to on-chain voting, while maintaining a clear distinction between community consensus and the technical specifications managed through established improvement processes.
Governance Framework Establishes Formal Voting Mechanism The newly implemented system creates Solana Governance Proposals (SGPs) to address significant protocol-level questions. Validators can initiate an SGP when core development teams require unambiguous network consensus. This mechanism documents community preferences before technical specifications are drafted.
SGPs operate alongside rather than replacing Solana Improvement Documents (SIMDs). The governance framework allows network participants to signal directional support before engineering teams develop detailed implementation plans. SIMDs continue to serve as the primary mechanism for comprehensive technical protocol modifications.
According to the Foundation, SGPs are intended for decisions with substantial long-term economic implications for the network. This process is designed for issues requiring validator and delegator consensus prior to development work. Consequently, the network now possesses a formalized pathway for community-endorsed protocol evolution.
Proposal Activation Requires Significant Stake Threshold An SGP can only proceed to voting when validators controlling a minimum of 15% of active stake endorse the proposal. This requirement serves as a filter to eliminate proposals lacking substantial network backing. The threshold also prevents excessive voting on issues that haven’t achieved meaningful validator support.
Validators holding at least 100,000 delegated SOL tokens are eligible to initiate governance proposals within this framework. Each SGP consists of a markdown specification document and an on-chain proposal account generated via svmgov. The on-chain record references the document at a specific repository commit hash.
After reaching the threshold, the proposal enters a stake-weighted voting phase. Vote tallying considers only decisive votes, excluding abstentions from the calculation. Proposals must secure a two-thirds supermajority during the designated voting window to achieve approval.
New System Enhances Governance Structure The framework provides Solana with a more formalized mechanism for substantial governance matters. It diminishes dependence on informal coordination when protocol direction requires broader network consensus. Nevertheless, core developers retain authority over technical design through the SIMD process.
Token delegators now hold direct influence over individual proposal outcomes. When delegators disagree with their validator’s stance, they can override that validator’s vote on a per-proposal basis. This capability grants stakers enhanced control over how their delegated tokens affect governance decisions.
This development builds on recent initiatives surrounding Solana’s protocol infrastructure and security framework. Earlier this year in April, the Foundation launched STRIDE in collaboration with Asymmetric Research to strengthen security audits and incident management. The SGP framework now complements these efforts by adding a governance dimension for stake-weighted protocol determinations.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
The team behind Tsunammi.io breaks down how MEV extraction happens in the first block of a Solana token launch — and what operators can do before it costs them their chart.
Tsunammi, the Solana token market infrastructure platform, has published a technical research guide on sniper bot extraction in Solana token launches. The guide covers how bots detect new tokens across multiple launch venues, what the damage looks like on-chain, and what project teams can do to protect their launch before the token goes live.
The full article is available on Medium.
How Sniper Bots Detect a Solana Token Launch
Sniper bots do not monitor social channels or wait for announcements. They run persistently against Solana validator transaction streams and watch for specific on-chain program instructions. The exact trigger depends on the launch venue. On PumpFun, it is the create or create_v2 instruction. In every case, the bot uses the program’s Anchor IDL to decode the instruction and extract token parameters in real time.
The result is zero-delay detection. There is no window between a token becoming tradeable on-chain and a well-configured bot being aware of it. By the time a project’s community sees the contract address posted in a Telegram group, bots have already parsed the mint, calculated the entry price, and submitted buy transactions to the validator.
Multiple working implementations of this approach are publicly available on GitHub. The infrastructure is not exotic — it runs on a standard RPC connection with a transaction listener and a few hundred lines of TypeScript. Any technically capable actor can run a sniper bot against any Solana launch venue.
What Happens Without Anti-Snipe Protection
The sequence on an unprotected launch is consistent across venues. Sniper bots enter in block zero at the lowest available price. Organic buyers arrive in blocks 5–20 at a price already elevated by bot positions. Bots exit into that organic wave. The chart shows a steep pump followed by a dump, organic holders are left underwater, and the pattern reads as a rug to outside observers. Volume dies.
This is the default outcome on the majority of unprotected Solana token launches. The structural exposure remains the same regardless of where the token is launched. The bots are always running, and without a deliberate first-block strategy the project team will never be the first buyer on their own token. The question is not whether snipers will find the launch. They will. The question is whether the team has taken block zero before them.
Bundle Execution: Closing the Gap to Zero
A transaction bundle packages multiple transactions into a single atomic unit — all execute together, or none do. For a token launch this means including pool creation, liquidity addition, and the team’s initial buy in the same bundle. No external transaction can land between them.
For a PumpFun launch, the bundle contains token creation and the first buy. The outcome is the same: the team occupies block zero by design, not by luck.
One practical detail: bundles compete for block inclusion via a validator tip. Underbidding on tip at a busy launch window is one of the more common reasons first-block strategies fail in practice. The tip needs to be calibrated to the expected competition at launch time.
Tsunammi’s launch tooling is built on bundle execution. Operators configure bundle parameters — liquidity amount, initial buy size, wallet distribution — and the platform handles execution.
Multi-Wallet Distribution and Liquidity Depth
Two additional factors determine how well a launch holds after block zero.
Wallet distribution. Concentrating early allocation in a single address is a visible on-chain signal. Traders who check holder distribution before deciding whether to hold see one wallet controlling a large percentage of supply and treat it as an exit risk. Distributing the initial allocation across multiple wallets makes the holder map look more organic and makes the chart more resilient when external snipers exit — their sells hit a spread market rather than a thin one.
Liquidity depth. First-block protection does not eliminate all sniper activity. Fast bots will still enter in the first few blocks. What determines the chart impact is pool depth. A $50,000 sell into a $150,000 pool moves price far less than the same sell into a $12,000 pool. Teams need to define their depth target before launch and have capital ready. Adding depth after the chart has already taken damage rarely recovers the situation.
Anti-Snipe Launch Checklist
Bundle configured with token/pool creation, liquidity addition, and initial buy as one atomic package Validator tip calibrated for expected block competition at launch time Initial allocation distributed across multiple wallet addresses Liquidity depth target defined and capital allocated before launch Real-time monitoring active for the first 10 minutes of trading Full configuration tested on devnet before mainnet execution This checklist applies to Solana token launches where token creation and liquidity provision happen on-chain.
About Tsunammi
Tsunammi is a Solana token market infrastructure platform for operators who need execution control over launch and post-launch phases. The platform covers first-block launch execution via transaction bundles; multi-wallet initial distribution; liquidity depth management; and real-time market monitoring. Built for teams that treat token market operations as an engineering problem, not a luck problem. Users can see more at tsunammi.io.
Most crypto investors still obsess over price charts. But in 2026, a growing share of attention is shifting back to improving the fundamentals of the protocols.
Ethereum, Solana and Avalanche are preparing some of their largest protocol upgrades in years, while Coinbase’s Base network rolled out its Beryl hard fork last Friday in a bid to streamline the network, with a native token standard and shorter withdrawal windows.
Bitcoin development however, remains frozen, with developers still arguing over controversial covenant proposals and post-quantum computing upgrades.
Tim Sun, a senior researcher at Hong Kong-based asset manager HashKey Group, told Cointelegraph that protocol upgrades have historically focused on adding features, speed and throughput.
However, in 2026, he said the emphasis is shifting toward reliability, predictable governance, and institutional-grade infrastructure that can support large-scale financial use cases.
Here are the top five major blockchain upgrades to watch in the second half of 2026.
Ethereum: GlamsterdamGlamsterdam is arguably the most consequential upgrade this year, and its already being tested on devnets. According to Ethereum’s public roadmap, Glamsterdam is designed to improve scalability, harden the layer-1, and make the network easier to use, with a mainnet launch expected sometime in the second half of 2026.
Sun said the upgrade should improve processing speeds by allowing more transactions to be processed simultaneously, expand capacity so Ethereum can handle more data at higher throughput, and reduce database bloat. Those changes should make the chain better suited for stablecoin settlement and real-world asset use cases, he said.
Holly Atkinson, chief product and technology officer at 1inch, told Cointelegraph that Glamsterdam is viewed by many as Ethereum’s most significant upgrade since The Merge in September 2022, which transitioned the blockchain from proof-of-work to proof-of-stake.
Glamsterdam. Source: Ethereum.org
She said enshrined proposer-builder separation (ePBS) is a key change because most validators still depend on a small set of specialized builders and relays, which concentrates control over transaction ordering.
That setup amplifies maximal extractable value (MEV), censorship and centralization risks, she said. ePBS is designed to pull block building and proposing back into the protocol and make the process more transparent and accountable.
Pavan Kaur is a Solana Foundation judge and founder of RuleSpark, a compliance engine for digital asset marketing. She told Cointelegraph that ePBS is better understood as one step in Ethereum’s broader roadmap and does not eliminate MEV or fully solve builder centralization. “Practices like sandwich attacks may therefore migrate rather than disappear,” she said.
Solana: AlpenglowSolana’s biggest change this year is Alpenglow, a consensus upgrade that reworks the network’s core protocol. Alpenglow has been billed by many, including Solana ecosystem lead David Liang, as the chain’s “most significant consensus upgrade yet.”
After being overwhelmingly approved through a governance process in September 2025, Alpenglow remains under development but is expected to ship alongside the Agave 4.1 validator client release later in 2026.
Arun Krishnakumar, vice president of institutional capital at R3 enterprise software firm, told Cointelegraph that Alpenglow will be a major tailwind that will reinforce the ‘internet capital markets’ thesis even more strongly.
Solana Network Updrades. Source: Solana
At its core, Alpenglow is designed to dramatically speed up how quickly the network reaches finality. Instead of relying on Solana’s existing TowerBFT-based consensus mechanism, it introduces a redesigned system built around a new voting component called Votor.
The practical impact is a major reduction in confirmation times, with finality targeted at roughly 100-150 milliseconds in optimal conditions, compared to around 12.8 seconds today.
Beyond speed, the upgrade also removes onchain vote transactions, which currently account for a significant portion of network activity. By streamlining how validators communicate and agree on the state of the chain, Alpenglow is intended to make Solana both lighter and more efficient under load.
Hadley Stern, board director, DeFi Development Corp, told Cointelegraph that removing onchain vote transactions is the “real story” for institutional allocators because it “cleans up validator economics and gives you honest telemetry, which matters when you're underwriting SOL as a treasury asset.”
He said that a network that can migrate its consensus layer as cleanly as is planned, would show the kind of “governed adaptability legacy financial infrastructure can't match.”
Base: BerylBase’s Beryl hard fork went live on Friday, following a short sequencer-related outage, when block production stalled for around two hours following an invalid block that triggered a temporary consensus failure.
Base co-founder Jesse Pollak said user funds were unaffected during the incident. While he stressed that “all funds are safe,” he added that “a halt is not okay” and said that lessons learned from the episode will be used to further strengthen Base as a platform for “global, 24/7 finance.”
Jesse Pollak speaks about the chain halt. Source: Jesse Pollak
According to Base’s documentation, Beryl introduces a set of changes aimed at tightening the network’s performance and reducing friction at the edges. These include the B20 native token standard, a shortening of withdrawal finality from seven days to five, and integration with Reth V2, which is expected to reduce node storage requirements while improving execution efficiency.
Sun said Base has been moving toward a more unified “stack” approach, giving it greater control over how the network is built and upgraded, and allowing changes to ship more quickly than under the earlier Optimism Superchain model.
The trade-off, he said, is that liquidity, which once moved more freely across the broader Superchain ecosystem, may become more fragmented, even as Base deepens its integration with Coinbase’s wider user base.
Avalanche: OctaneAvalanche’s next chapter is less about a single branded hard fork than a broader push to improve performance while courting institutions and tokenized asset issuers.
Sun told Cointelegraph that Avalanche’s recent Etna hard fork replaced the old subnet model with sovereign Avalanche L1s, cutting the cost of launching a dedicated blockchain by more than 99% and making the network more attractive to institutional players.
It's already seen success in this regard. Sun pointed to Progmat, which he said accounts for roughly 63% of Japan’s national security token market, which migrated more than $2 billion in tokenized assets to a dedicated Avalanche L1, as well as the Avalanche Payments Collective backed by firms including Franklin Templeton, VanEck and WisdomTree.
Progmat Migrates $2B+ of its Tokenized Securities to Avalanche. Source: Avalanche
Atkinson said Avalanche is also pushing two upgrades aimed at making its C-Chain one of the fastest Ethereum Virtual Machine (EVM) environments.
She described Streaming Asynchronous Execution as a way to separate transaction execution from consensus so the chain can run more continuously and size capacity closer to normal demand. For users, she said, the practical effect should be higher throughput and lower, steadier fees during periods of heavy activity.
Bitcoin: OP_CATBitcoin is the outlier here because its biggest developments in 2026 are not scheduled upgrades but a continuation of passionate debates over whether the protocol should become more programmable and how urgently it should be hardened against quantum threats.
Bitcoin has not activated a major soft fork since Taproot in 2020, which upgraded Bitcoin’s scripting to make transactions more flexible and improve privacy.
Since then, discussion around covenant-related proposals such as OP_CAT, CheckTemplateVerify (CTV) and Lightning-focused ideas like LNHANCE has intensified. None of these changes has an agreed path to activation.
Researchers have also been debating BIP-360 and related proposals as ways to make it easier to migrate coins into quantum-resistant spending paths, if and when the quantum computing threat becomes real.
Atkinson described Bitcoin as the wildcard of the group. She said covenant proposals could unlock safer storage and richer scripting, but the subject remains divisive and subject to much debate.
Sun said those proposals could improve self-custody security, fee management and protocols such as Lightning and Ark, while giving institutions more programmable custody logic directly on the L1.
Bitcoin development is infamously slow, and any change to the protocol is pored over from every angle. There is general agreement that no covenant opcode is on track for activation this year, and reaching consensus on proposals like OP_CAT or CTV is still some distance away.
On the post-quantum side, BIP-360’s authors estimate that a full migration to quantum-resistant addresses and signatures would take years even under optimistic assumptions. It seems unlikely at this point that a quantum-resistance upgrade will be implemented before the end of 2026.
Magazine: How AI just dramatically sped up the quantum risk for Bitcoin
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Bitcoin has pushed decisively above $62,000, trading at $61,924.81 and touching an intraday high of $62,053.00 — extending a sharp two-day rally that began after Federal Reserve Chair Kevin Warsh eased inflation concerns earlier this week. The move caps a dramatic turnaround from June 30, when BTC bottomed near $57,800 during the worst monthly stretch of the current correction cycle. Beyond the price action, the CLARITY Act’s path through the Senate remains the story to watch heading into July, alongside continued momentum in Solana’s ecosystem and ongoing questions about whether June’s record spot ETF outflows will reverse.
Today’s Top Stories Bitcoin Breaks Above $62,000, Extending Sharp Two-Day Rally Bitcoin is trading at $61,924.81, up 5.18% over 24 hours after touching a fresh high of $62,053.00 earlier today. The rally builds directly on Wednesday’s reversal above $60,000, which followed comments from Fed Chair Warsh reiterating the central bank’s commitment to its 2% inflation target. BTC has now recovered more than $4,000 from Tuesday’s low near $57,800, marking one of the sharpest multi-day reversals of the current cycle. For the full technical breakdown, see our Bitcoin News Today page.
CLARITY Act Faces Tightening Timeline Ahead of Senate Return The White House had targeted July 4 as a symbolic deadline for signing the CLARITY Act into law, but that window has effectively closed — the Senate adjourned June 25 and won’t return until July 13, leaving less than four weeks of floor time before the August recess. Senator Cynthia Lummis confirmed the bill will reach the Senate floor in July, with compromise text expected around July 4 for public review. The bill still needs 60 votes to overcome a filibuster, requiring at least seven Democratic crossovers. Polymarket has trimmed 2026 passage odds to 48%, with Galaxy Research putting the odds at roughly a coin flip.
Solana Continues to Lead the Market Recovery Solana remains one of the standout performers of the current rally, boosted by rising tokenized stock trading activity and the launch of World, a new on-chain prediction market built on the network. Solana co-founder Anatoly Yakovenko also confirmed at Consensus Miami that the network’s Alpenglow consensus upgrade could ship as early as Q3 2026, aiming to cut transaction finality from roughly 12.8 seconds to 150 milliseconds. For the latest SOL price action, see our Solana Price page.
XRP Network Activity Surges Even as Price Lags XRP’s active addresses jumped 72% over the past two weeks even as price action remained subdued heading into this week’s rally, according to on-chain data. Leverage across the network has also been flushed to its lowest level since July 2025, suggesting a cleaner technical setup beneath the surface. Ripple has also proposed a new tokenized-asset lending standard as the network continues expanding its institutional use cases. (Source: blockchainreporter.net)
Ethereum Foundation Undergoes Major Leadership Transition Ethereum’s support ecosystem is undergoing its biggest leadership transition in years, following the launch of EthLabs and ongoing efforts by the Ethereum Foundation to address community criticism over transparency and its role within the broader ecosystem. Ethereum Institutional also launched this week, drawing support from across the Ethereum community. For the full technical breakdown, see our Ethereum News Today page.
Spot Bitcoin ETFs Posted Worst Month Ever in June US spot Bitcoin ETFs recorded their largest-ever monthly outflow in June, shedding roughly $4.5 billion over nine consecutive days of redemptions — surpassing the previous worst month by 29%. BlackRock’s IBIT alone shed $239.3 million in a single day, with Fidelity’s FBTC losing $120.8 million on the same session. Whether this week’s sharp price recovery is enough to reverse that outflow trend in July remains an open question.
Citi Cuts Bitcoin and Ether Price Targets on Stalled ETF Flows Citi slashed its 12-month price targets for both Bitcoin and Ether last week, citing stalled US crypto legislation and weakening investor demand after scrapping its prior ETF inflow forecasts. The revision reflects growing caution among traditional finance analysts following June’s steep correction, though this week’s sharp rebound may prompt a reassessment.
Market Snapshot AssetPrice24hBitcoin (BTC)$61,924.81+5.18%Ethereum (ETH)$1,646.01+4.79%XRP$1.0907+5.16%Solana (SOL)$82.23+2.81%BNB$560.74+3.52%TRON (TRX)$0.3167+0.08% For full price data, support/resistance levels, and technical analysis, see Crypto Market Today.
What to Watch This Week Senate CLARITY Act floor debate — compromise text expected around July 4, floor vote likely in July before the August recess July 29 FOMC meeting — Fed Chair Warsh’s second meeting at the helm, following a PCE print that some analysts say supports a case for further rate hikes later in 2026 Solana’s Alpenglow upgrade — targeted for Q3 2026, aiming to dramatically cut transaction finality times July ETF flow data — whether June’s record outflows reverse following this week’s sharp price recovery Compare Crypto Prices Today Bitcoin Price Ethereum Price XRP Price Solana Price BNB Price TRON Price This page is updated regularly with the latest crypto news and market developments. Nothing on this page constitutes financial advice. Always conduct independent research before making investment decisions.
FAQ Why did Bitcoin break above $62,000? Bitcoin extended its sharp rally from Tuesday’s low near $57,800, building on Wednesday’s reversal above $60,000 that followed Fed Chair Kevin Warsh’s comments easing inflation concerns. BTC touched an intraday high of $62,053 today.
What is the status of the CLARITY Act? The CLARITY Act is expected to reach the Senate floor in July, with compromise text anticipated around July 4. The bill needs 60 votes to overcome a filibuster and requires at least seven Democratic crossovers. Current passage odds sit at roughly 48-50% according to prediction markets and analysts.
Is XRP network activity increasing despite price weakness? Yes. XRP’s active addresses rose 72% over the past two weeks even as its price lagged, with on-chain leverage flushed to its lowest level since July 2025 — suggesting improving fundamentals beneath the surface.
Why is Solana outperforming other cryptocurrencies? Solana has benefited from rising tokenized stock trading activity, the launch of a new on-chain prediction market called World, and anticipation around its upcoming Alpenglow upgrade, which aims to significantly speed up transaction finality.
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@Grok, the AI chatbot developed by @XAI, has flagged $SOL, $HYPE, and $ZEC as its top three altcoins for bullish performance in July 2026. The picks were shared by @BSCNews after putting the question directly to the model, and the results leaned on a mix of momentum, market structure, and protocol-specific catalysts.
Solana Leads on Momentum@Solana's $SOL token took the top spot. Grok pointed to improved price momentum as the primary reason for the bullish case. That view is consistent with broader analyst sentiment around the network. Institutional adoption continues to strengthen Solana's long-term outlook, with the network increasingly being used for real-world asset tokenization, and firms such as Franklin Templeton and BlackRock highlighting its growing role in traditional finance infrastructure. Solana's high throughput and low fees have also kept it at the centre of DeFi and meme coin activity, giving it one of the more active on-chain ecosystems heading into the second half of the year.
Hyperliquid and Zcash Round Out the List@HyperliquidX's $HYPE token ranked second, with Grok citing the platform's dominance in the perpetuals space as the key driver. That dominance is well-documented. As of late April 2026, Hyperliquid accounts for roughly 70% of all on-chain perpetual futures volume across every chain. The protocol's cumulative revenue has surpassed $1 billion, reinforcing its buyback-driven tokenomics. Spot HYPE ETFs also drew $111 million in inflows as of late June 2026, contrasting with outflows seen across Bitcoin and Ethereum funds.
@Zcash completed the trio. Grok's reasoning centred on a privacy upgrade catalyst for $ZEC, though the model did not specify a timeline. Privacy-focused assets have historically attracted attention during periods of broader regulatory uncertainty, and Zcash's ongoing protocol development keeps it relevant to that narrative.
As with any AI-generated market outlook, these picks reflect pattern recognition rather than financial advice, and investors should conduct their own research before acting on them.
Sources
Investing.com: HYPE Bullish Run Continues as Hyperliquid Hits Record Share of Global Perpetuals
CoinMarketCap: Latest Hyperliquid News and Market Insights
Forbes: Why Hyperliquid's HYPE Is Rising
In Solana news today, the Solana Foundation has launched Solana Governance Proposals (SGPs), a fully on-chain governance system that lets validators submit major protocol questions to a stake-weighted network vote, and for the first time, gives individual SOL stakers a direct override mechanism when their validator’s position doesn’t match their own.
The stakes are meaningful. Prior to SGPs, validators voted with all delegated stake, and token holders had no formal recourse. Now, that changes, and the design choice carries real implications for anyone holding SOL staking positions.
This news dropped as SOL USD surged +5.5 overnight, making it one of the top-performing major cap tokens on the market. It is currently trading for $82 with a daily trading volume of $3.6Bn.
$SOL just broke $80 after bouncing +32% from the recent low of $60.
The RSI is also showing a reversal.
ANSEM single handedly revived the trenches. https://t.co/ChPiWjxV37 pic.twitter.com/sADvFhZwAx
— Ash Crypto (@AshCrypto) July 2, 2026
Solana News: How SGP Voting Works Any validator with at least 100,000 SOL delegated to their vote account can take an SGP on-chain, according to the Solana Foundation’s official announcement. The proposal then needs support from at least 15% of total active staked SOL before it enters formal voting – a meaningful filter that stops low-support ideas from consuming network attention.
Once that threshold is crossed, the proposal moves through an 11-epoch lifecycle: seven epochs for discussion, one epoch for a Node Consensus Network (NCN), a cluster of 7–10 operators that takes a cryptographically verified stake snapshot, and three epochs for the final vote.
A proposal passes only if ‘For’ votes reach at least 66.67% of the combined For-plus-Against stake. There is no quorum requirement, so participation rate alone cannot kill a vote.
Voting weight is verified using Merkle proofs (cryptographic proofs that check a voter’s stake balance against the on-chain snapshot without requiring a central database) against the NCN snapshot. The Solana Foundation documentation states: “A ‘yes’ on an SGP is a mandate to proceed.”
Solana Launches Onchain Governance With Stake-Weighted Validator Voting
The Solana Foundation has launched Solana Governance Proposals, or SGP, a new onchain governance mechanism that allows validators to submit, sponsor and decide core ecosystem governance issues through… pic.twitter.com/JxfBmf9Qda
— Wu Blockchain (@WuBlockchain) July 2, 2026
DISCOVER: Best Meme Coin ICOs to Invest in 2026
The Staker Override: The Retail Angle In other Solana news, the staker override is the mechanism that transforms Solana’s governance into what OCC Research describes as a “representative democracy with voter override.”
Validators remain the default representatives; they vote with all delegated stake if their delegators stay passive. But any SOL staker can cast their own vote directly, at which point their stake weight is deducted from the validator’s pool and applied to their chosen position.
Critically, stakers can override even after their validator has already voted, at any point during the three-epoch voting window. Unstaked SOL carries zero governance weight; only staked SOL participates.
That creates a clear incentive to remain staked and engaged, particularly as the network attracts institutional participants whose interests may not always align with those of retail holders.
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SGPs vs. SIMDs: Two Tracks, One System
SGPs sit alongside Solana Improvement Documents (SIMDs), the existing track for detailed technical changes, rather than replacing them. SGPs handle directional questions: should the network pursue a specific economic or architectural path?
SIMDs explain how a chosen direction gets built. Most engineering changes proceed through SIMD review without a vote. But if roughly 15% of stake flags a SIMD as contentious, it can be escalated into a full SGP.
That escalation path matters because of Solana’s recent governance history. SIMD-0228, a major inflation schedule overhaul, drew approximately 74% validator turnout before ultimately failing – demonstrating how politically charged economic decisions can get.
SIMD-0096, which proposed changes to priority fee handling, sparked controversy over potential validator collusion and was exactly the kind of contentious proposal the SGP escalation mechanism is designed to manage.
The broader Solana news ecosystem gives these governance decisions real economic weight. Galaxy Digital has already proposed a voting model for Solana inflation, and the on-chain governance framework will now give such proposals a formal, verifiable path rather than an off-chain debate with unclear authority.
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The Solana Foundation has unveiled a new, stake-weighted on-chain governance mechanism designed to formalize protocol decision-making across the network. With this system, validators will be able to propose network-wide changes directly on chain, marking a key shift in how key decisions are reached on Solana. The technical development process for individual proposals will run separately from this new governance initiative.
How the new framework will workAt the center of the new model is the Solana Governance Proposals structure, or SGP. SGPs will allow the core development teams to formally capture the community’s opinion on major issues where a technical roadmap is not yet set. Before any technical specification is drafted, the SGP process will record participants’ preferences, bringing greater transparency and consensus to the network’s direction.
The Foundation emphasizes that SGPs will not replace the longstanding Solana Improvement Documents (SIMD) process, which will remain as the main framework for comprehensive technical changes to the protocol. Instead, SGPs are intended to serve as a consensus-building step, establishing community alignment before development work begins.
The Solana Foundation explains that the SGP framework is specifically designed for decisions with potentially significant, long-term economic impact on the network, aiming to reach clear agreements between validators and token delegators prior to kicking off development.
15% threshold required for votingTo move an SGP proposal to the voting stage, it must receive support from validators controlling at least 15% of the network’s active stake. This threshold is intended to filter out proposals lacking sufficient backing, and to prevent the governance process from becoming congested with low-support issues.
According to the framework, only validators with at least 100,000 delegated SOL are eligible to initiate a governance proposal. Each proposal comprises a markdown-formatted specification file and an on-chain proposal account, anchored by a specific commit hash to precisely identify the version under consideration.
Mini glossary: A commit hash uniquely identifies a specific version of code or documentation in software development. This ensures proposals reference the exact document version put to a vote, preventing post-submission changes.
Once the 15% backing is confirmed, each proposal moves onto a stake-weighted on-chain vote, where only affirmative and negative votes are counted—abstentions are excluded. Approval requires a two-thirds majority within the designated voting period.
CriteriaRequirementTransition to votingMinimum 15% support of active stakeEligibility to proposeAt least 100,000 delegated SOLApproval thresholdTwo-thirds majorityDirect intervention rights for delegatorsThe new system assigns clearer roles within Solana’s governance structure and reduces the need for informal coordination on strategic decisions affecting the entire protocol. Meanwhile, technical design authority will continue to reside with the core developers through the SIMD process.
Delegators who assign their tokens to validators will now have a greater say on each individual proposal. If a delegator disagrees with their validator’s voting choice, they can override it on a per-proposal basis, granting stakers more direct control over how their tokens are used in governance decisions.
This framework separates community sentiment from technical implementation and enables delegators to override their validator’s vote on each proposal, as highlighted by the Foundation.
The rollout of SGP comes on the heels of recent infrastructure and security initiatives by Solana. In April, the Foundation launched the STRIDE program in partnership with Asymmetric Research to bolster security audits and incident management capabilities. The SGP framework now adds a governance dimension to the network’s ongoing development.
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.
Bitcoin experienced sharp declines in May and June, falling as low as $57,000.
While these declines have fueled analyses suggesting Bitcoin has hit bottom, some still believe the market could see levels around $50,000 before the bottom is reached.
Bitcoin’s Bottom May Come in October! At this point, the latest analysis comes from Wall Street giant Cantor Fitzgerald. According to Cantor Fitzgerald analysts, Bitcoin and the cryptocurrency market are entering the final phase of a bear market.
According to US investment bank Cantor Fitzgerald, the cryptocurrency market has entered the final phase of a bear cycle, and Bitcoin could reach its bottom in the next few months.
According to CoinDesk, the bank analyzed in a recent report that as of June 10th, that date was 252 days after BTC’s peak, and the price had fallen by approximately 51%.
Analysts, noting that Bitcoin has historically reached its bottom in an average of 384 days, concluded that it could reach its bottom by the end of October.
Which Altcoins Are Standing Out? Cantor Fitzgerald analysts recently stated that as Bitcoin and the market approach their bottom, investors should focus on projects that create sustainable value rather than speculative investments.
The bank cited Hyperliquid (HYPE) as a prime example of such projects.
The report also recognizes Bitcoin as the fundamental monetary asset of the ecosystem, while Ethereum is identified as the leading collateral infrastructure for on-chain financial systems.
Analysts also added that they believe the buyback and burn mechanism, where protocol fees are used to reduce the token supply, is the type of model that investors should prioritize.
At this point, Cantor Solana acknowledged that altcoins like Sui, XRP, and Zcash each possess unique competitive advantages. However, he stated that these networks need to prove they can translate ecosystem growth into sustainable token value.
*This is not investment advice.
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Securitize began trading on the New York Stock Exchange under the ticker SECZ on Thursday and launched a tokenized version of its common stock through its regulated platform.
Securitize is now officially a public company, listed on the @NYSE under the ticker SECZ.
Our focus is unchanged: building the regulated infrastructure for the next generation of capital markets.
To everyone who helped us get here, thank you.
Tokenize the World. pic.twitter.com/XVhjA5udA9
— Securitize (@Securitize) July 2, 2026
The listing follows the completion of Securitize’s business combination with Cantor Equity Partners II. The company has brought more than $4 billion in assets onchain through its tokenization infrastructure.
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Eligible investors in the United States will be able to access tokenized SECZ on Avalanche and Solana after completing onboarding, identity verification and jurisdictional eligibility checks.
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. Tokenization changes how ownership is recorded and transferred but does not alter the legal nature of the underlying shares or remove applicable transfer restrictions.
Securitize said the rollout makes it the first newly public company to bring its own stock onchain from the start of its life as a listed business. Based on expected shareholder participation, the company also expects SECZ to become the world’s largest tokenized stock.
The launch builds on Securitize’s broader effort to bring public equities onto blockchain infrastructure while preserving direct ownership and shareholder rights. Its platform has previously worked with asset managers including BlackRock, Apollo, KKR and VanEck on tokenized investment products.
Securitize plans to expand the functionality and market infrastructure surrounding tokenized SECZ as its onchain shareholder base develops.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
While price action has long dominated the cryptocurrency market, attention in 2026 is steadily shifting toward the technical foundations of blockchain networks. With Ethereum, Solana and Avalanche preparing for some of their most ambitious protocol upgrades to date, Coinbase’s layer-2 network Base activated its Beryl hard fork just last Friday. In contrast, Bitcoin developers remain deadlocked over several contentious proposals and have yet to reach consensus.
Focus shifts from speed to resilienceTim Sun, a senior researcher at Hong Kong-based asset manager HashKey Group, explained that previous protocol upgrades have typically prioritized adding new features, speeding up transactions and boosting capacity. However, Sun observed that by 2026, the industry’s priorities are tilting towards more predictable governance, greater reliability and the development of robust, enterprise-scale infrastructure to support widespread financial use cases.
Tim Sun stresses that, looking ahead to 2026, simply adding more features is no longer the main concern; instead, reliability and institution-grade infrastructure are taking center stage.
Spotlight on Ethereum’s Glamsterdam upgradeAmong Ethereum’s key roadmap milestones, the Glamsterdam upgrade stands out as one of this year’s most pivotal steps. Currently being tested on developer networks, it is expected to roll out to the mainnet in the second half of 2026. Planned changes include improved scalability, reinforcement of the layer-1 base, and a streamlined user experience aimed at simplifying network usage.
Sun noted that the upgrade could enable higher transaction throughput, expand data capacity, and reduce database bloat. The overarching goal is to make Ethereum a more favorable environment for stablecoin settlements and on-chain use of real-world assets.
Holly Atkinson, chief product and technology officer at 1inch, described Glamsterdam as Ethereum’s most significant upgrade since The Merge in September 2022. One highlight is ePBS—short for enshrined proposer builder separation—a structure aimed at making block creation and proposal processes more transparent. However, RuleSpark founder Pavan Kaur cautioned that while this step might help, it will not eradicate maximal extractable value (MEV) issues altogether, as some harmful practices may simply adapt and persist in new forms.
Mini glossary: ePBS stands for enshrined proposer builder separation. It aims to clarify the distinction within the protocol between validators who propose blocks and entities that build their content, with the objective of minimizing concentration in transaction sequencing.
Solana and Base aim for lightning-fast confirmationsOn the Solana front, the Alpenglow upgrade is the year’s most significant development. After receiving strong backing in governance votes in September 2025, Alpenglow is still under development and slated for release in the latter half of 2026 alongside the Agave 4.1 validator client. This system will replace the current TowerBFT mechanism with an innovative voting component named Votor.
One of the most concrete impacts is a dramatic reduction in transaction finality time. The goal is to bring finality down to between 100 and 150 milliseconds under optimal network conditions, compared to the present average of approximately 12.8 seconds. The upgrade also targets reducing network load by removing on-chain voting operations, ultimately improving validator communication efficiency.
NetworkUpgradeKey objectiveEthereumGlamsterdamScalability and stronger layer 1SolanaAlpenglowCut finality time to 100–150 msBaseBerylReduce withdrawal time from 7 to 5 daysAvalanchePost-Etna L1 modelLower custom chain setup cost by over 99%Elsewhere, Base deployed its Beryl hard fork following a brief sequencer outage that paused block production for about two hours due to an invalid block. Jesse Pollak, one of Base’s co-founders, emphasized that users’ assets remained unaffected by the disruption, but acknowledged the downtime was unacceptable and added that lessons learned will help reinforce Base as a round-the-clock global financial platform.
Jesse Pollak underscores that user funds were secure during the incident, but says Base recognizes the network pause was not acceptable and is using this experience to guide technical improvements.
According to Base documentation, the Beryl hard fork introduces the B20 native token standard, shortens withdrawal finality from seven days to five, and implements the Reth V2 integration. These updates are expected to decrease node storage requirements and enhance execution efficiency.
Avalanche goes institutional, Bitcoin debates persistOn Avalanche, there is less focus on a single named hard fork and more on sweeping changes to attract enterprise users and boost performance. According to Sun, the Etna hard fork replaced the legacy subnet model with a system of sovereign Avalanche L1 chains, slashing the startup cost for launching a private blockchain by over 99%. He also highlighted that Progmat, which he says represents about 63% of Japan’s security token market, recently moved more than $2 billion in tokenized assets to a dedicated Avalanche L1 chain.
Bitcoin, meanwhile, stands apart from rival networks. Its main challenges in 2026 are not scheduled upgrades but debates over whether to make the protocol more programmable or to strengthen it against quantum computing threats. Proposals like OP_CAT, CTV and Lightning-focused LNHANCE—each associated with covenants and programmability—remain under discussion but lack an agreed activation path. Proposals such as BIP 360 and similar efforts to ease the shift to quantum-resistant spending methods are also still on the table without a clear consensus.
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.
In This Article Crypto News Today: SOL USD Spikes on News of Record Network ActivityCrypto Hackers Make Off With Nearly $76M in June as Attacks Slow: Sign of an Exhausted Market? In crypto news today (July 2), Bitcoin is sitting at $58,600, down another -1.2% over the past 24 hours as July continues to lean bearish for crypto. However, there was a brief rally overnight, which caused daily liquidations to spike to $448M, with $265M of that figure coming from short positions, highlighting that overleveraged bears were the biggest victims.
ETF flows are still bleeding heavily, with yesterday seeing a further -$296M in Bitcoin sold across various products, with BlackRock’s IBIT ETF accounting for $219M of that total. With IBIT selling more than $2.1Bn worth of BTC over the past 10 sessions, the worlds largest asset manager is firmly in control of current price action.
While nearly every major cap token is currently in the red over the past 24 hours, Stellar (XLM) and Cardano (ADA) are two of the more prominent projects in the green today, up +11% and +4.5% respectively. Daily trading volume continues to decline, currently at $75Bn, down from $82Bn yesterday.
With the brief overnight rally across crypto, the Fear & Greed Index spiked to 19/100, up from 11/100 yesterday, although most tokens have already retraced the move, which is likely to cause a drop back toward single digits on the next update.
Crypto News Today: SOL USD Spikes on News of Record Network Activity Solana is continually setting new records for network activity and ecosystem revenue. However, broader weakness in the cryptocurrency market is preventing these strong fundamentals from translating into sustained price growth.
A significant recent development is the launch of Solana Governance Proposals (SGP), a new on-chain governance system that enables validators and delegators to directly participate in decisions regarding the network’s future.
This initiative represents one of Solana’s most important steps towards greater decentralization and is expected to make the ecosystem more appealing to institutional investors.
Meanwhile, the network’s core metrics continue to reach new heights. Over the past 30 days, Solana processed 3.77 billion non-vote transactions, marking the highest monthly total in the blockchain’s history.
Furthermore, applications built on Solana generated $257 million in revenue during the second quarter, allowing the network to maintain its position as the leading Layer 1 blockchain by dApp revenue for the ninth consecutive quarter.
Despite these robust fundamentals, the SOL token has not yet experienced a significant rally. The primary reason for this stagnation is the overall weakness in the cryptocurrency market and the ongoing outflow of institutional capital from digital assets.
solana:So11111111111111111111111111111111111111112 network processed over 40x Base's volume and more than… pic.twitter.com/t4Lq1mLwM0
— CryptosRus (@CryptosR_Us) July 2, 2026
Crypto Hackers Make Off With Nearly $76M in June as Attacks Slow: Sign of an Exhausted Market? In other crypto news today, hackers stole approximately $75.9M in June across 40 major crypto incidents. According to blockchain security firm PeckShield, this figure represents a 7.1% decrease from May, when losses totaled $81.7M.
As reported by The Block, the largest incident of the month was the Humanity Protocol exploit, which PeckShield estimates accounted for $31M. On-chain analyst Specter was the first to reveal that wallets linked to the project lost over $31M on June 9.
However, Humanity Protocol’s own investigation later reported the damage to be closer to $36M. Project founder Terence Kwok stated that the attack resulted from a compromised private key.
The second-largest incident involved the $10M Syscoin Bridge exploit. PeckShield noted that the attacker exploited a validation flaw, enabling them to mint billions of unbacked SYS tokens without burning the corresponding assets.
Another notable victim was a bot associated with the address JaredFromSubway.eth, known for conducting MEV sandwich attacks. PeckShield estimated that the bot itself was exploited for $7.5M.
Other significant incidents in June included attacks on Secret Network, Polymarket users, SecondFi, and TESSERA, with losses ranging from $2.4M to $4.67M.
🚨CRYPTO HACKS HIT $75.9M ACROSS 40 INCIDENTS IN JUNE, DOWN FROM MAY!
According to PeckShield data, hackers stole roughly $75.9 million from crypto projects in June across 40 separate incidents, a 7% drop from May’s $81.7 million.
The biggest loss came from the Humanity… pic.twitter.com/tNcFIoyoC8
— Crypto Banter (@crypto_banter) July 1, 2026
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Solana has quietly become one of the more serious institutional blockchain platforms on the market, and the numbers are starting to reflect that. The total value of real-world assets tokenized on Solana reached approximately $3.3 billion by early July 2026, up from around $2.5 billion in April and $2.8 billion in May. That kind of consistent monthly climb does not happen by accident.
Alongside that RWA growth, the stablecoin supply on Solana crossed $16 billion, driven primarily by Circle’s USDC and Tether’s USDT.
Big names are choosing Solana for real financial infrastructure The first half of 2026 brought a wave of institutional partnerships that would have seemed ambitious to predict even twelve months earlier. B2C2, one of the larger crypto market makers operating in institutional circles, designated Solana as its primary network for stablecoin settlements.
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SoFi, the US-based financial services company, launched enterprise banking services built on the Solana blockchain during the same period.
Shinhan Card, one of South Korea’s largest card issuers, also signed a memorandum of understanding focused on developing stablecoin payment solutions on Solana.
Solana captured 97% of tokenized equity trading volume Perhaps the single most striking data point from this period: Solana captured 97% of cumulative on-chain tokenized equities spot trading volume by May 2026.
The Solana Foundation also rolled out new security infrastructure during this period, including the STRIDE initiative, which focuses on strengthening the network’s defenses against systemic risks. STRIDE, alongside improved cross-network DeFi recovery tools, signals that Solana is building the compliance and risk management layer that regulated financial entities require before committing serious capital.
What this means for investors watching the RWA space Solana’s $3.3 billion in RWA value by July 2026 positions it as a top-tier venue in that market, competing directly with Ethereum and BNB Chain for institutional flows.
For investors, the stablecoin supply figure is arguably the more actionable signal. A $16 billion stablecoin supply on Solana means there is substantial liquidity available for DeFi protocols, institutional desks, and payment rails operating on the chain.
Market analysts urge caution, suggesting that current metrics should be understood as peaks rather than a stable status quo. Ethereum remains the default institutional blockchain for many legacy finance entrants, and BNB Chain is aggressively courting similar RWA and payment partnerships in Asian markets.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
SOL trades near $77 after a 16% weekly bounce, yet it remains about 74% below its record high. On-chain activity is climbing toward yearly highs as the price attempts to bottom.
The contrast sets up a decisive month for SOL. A bearish price structure on higher timeframes now collides with some of the strongest network readings Solana has posted this year.
Solana Network Activity Tests Yearly HighsOn-chain data paints a healthier picture than price alone suggests. The number of active addresses is rising sharply and retesting yearly highs just below 7 million.
SOL number of active addresses. Source: GlassnodeTransactions per second, measured on a seven-day average, are trending steeply higher toward 1,100. That reading is approaching a new all-time high for network throughput.
This creates a clear divergence. Network activity continues to grow while the token price sits near its lowest level in more than a year.
SOL number of transactions per second. Source: GlassnodeMuch of the recent surge in throughput stems from meme coin launchpads and speculative airdrops on Solana. Sustained usage above these levels would strengthen the fundamental case for a price recovery.
Weekly Chart Keeps SOL in a Bearish RangeThe weekly chart tells a more cautious story. SOL sits roughly 74% under its all-time high of $293 and trades at its lowest level since December 2023.
Price is currently defending the long-term 0.786 Fibonacci retracement near $73. That level marks the last major support before deeper downside opens up.
The first meaningful resistance sits at the 0.618 Fibonacci level around $120. A move back to that zone would require a gain of more than 55% from current prices.
SOL weekly chart. Source: TradingviewWeekly volume continues to contract, which often signals accumulation and low volatility. However, the broader structure stays bearish until buyers reclaim higher levels. The recent leverage liquidations across the market underline how fragile sentiment remains.
Solana Price Prediction: $80 Line in the SandThe daily chart offers the first signs of a possible bottom. SOL broke down from an ascending channel in June and hit its measured target near $63.
Price then bounced firmly off that support and now retests resistance just below $80. The Relative Strength Index has climbed toward 60, which indicates building momentum from buyers.
A daily close above $80 would strengthen the recovery case and open the path toward $100 and eventually $120. Failure to hold $73 would expose the $63 demand zone again.
SOL daily chart. Source: TradingviewThe upcoming Alpenglow consensus upgrade could act as a catalyst if activation nears in the third quarter. Broader market weakness, seen in recent ETF outflows, remains the main risk. July now hinges on whether SOL can convert strong network fundamentals into a decisive break above $80.
Solana just flipped the switch on a governance system that could reshape how its protocol evolves. The Solana Foundation has activated Solana Governance Proposals, or SGPs, introducing a fully onchain, stake-weighted voting mechanism that hands decision-making power to validators and, crucially, to the people who delegate tokens to them.
Here’s the thing: only validators with at least 100,000 SOL delegated to them can actually propose changes. But the system includes a delegator override mechanism that makes it more interesting than a simple plutocracy.
How the system actually works The SGP framework operates on a two-step process. First, a qualifying validator submits a proposal onchain. Then, that proposal needs to clear a 15% cluster stake threshold just to advance to a formal vote. In English: if you can’t convince validators representing at least 15% of all staked SOL that your idea is worth discussing, it dies before it ever reaches a ballot.
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Voting itself is stake-weighted and verified through Merkle proofs, a cryptographic method that lets anyone independently confirm vote tallies without trusting a central authority.
The most consequential design choice might be the delegator override. If you’ve staked your SOL with a validator and disagree with how they voted, you can override that vote using your own stake weight.
The system went live between June 24 and June 30, with supporting infrastructure already in place. The Foundation launched a dedicated governance dashboard at governance.solana.com, documentation at docs.governance.solana.com, and open-source tooling on GitHub.
SGPs versus SIMDs: different lanes for different decisions Solana already had a process for protocol changes called Solana Improvement Documents, or SIMDs. These cover the technical nuts and bolts of how the network operates: consensus changes, runtime modifications, that sort of thing.
SGPs are designed to sit alongside SIMDs, not replace them. The distinction is intentional. SIMDs handle engineering decisions. SGPs tackle broader strategic questions about the protocol’s direction. By separating these two tracks, core developers can keep shipping code without getting bogged down in governance debates about network philosophy.
What this means for investors The 100,000 SOL threshold for proposals creates a natural filter against spam while still keeping the door open to any validator with meaningful delegation. The 15% cluster stake requirement for advancing proposals means that even well-funded validators can’t push through controversial changes without broad coalition support.
The delegator override mechanism deserves special attention. In most proof-of-stake governance systems, retail stakers delegate their tokens and effectively hand over their voting power. Solana’s approach lets delegators reclaim that power on a per-vote basis.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Folarin Balogun scored two goals in the United States’ 3-0 World Cup opener against Paraguay on June 15, becoming the first American to net multiple goals in a single World Cup match since 1930. Crypto markets responded almost immediately.
Trading volume on Polymarket and Coinbase surged for goal-total markets tied to Balogun, while a Solana-based meme token called BALOGUN launched in the aftermath of his performance. As the USMNT prepares for its Round of 32 match against Bosnia and Herzegovina, the striker says the team arrives confident but focused.
From pitch to Polymarket: how one brace moved markets Before the Paraguay match, crypto prediction markets had Balogun’s goalscorer odds priced between +200 and +300. After the final whistle, trading volume for Balogun-related props spiked across both Polymarket and Coinbase.
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Then came the meme token. The BALOGUN token appeared on Solana shortly after the match, driven almost entirely by speculative momentum. No utility. No roadmap. Balogun has no known partnerships with crypto protocols or DeFi projects.
Bosnia match could amplify or deflate the hype Balogun has said the knockout stage requires elevated concentration, and that the squad is approaching the Bosnia and Herzegovina match with confidence built on their group-stage dominance.
NFT markets have also responded. Panini World Cup digital cards and Sorare collectibles featuring Balogun have seen increased trading activity since his two-goal performance.
European transfer rumors add another dimension. Chelsea and other clubs have reportedly shown interest in Balogun for a potential summer move.
Polymarket handling World Cup betting volume at scale, Solana processing meme token launches in near real-time, and NFT platforms like Sorare seeing organic demand spikes tied to athletic performance are proof points for crypto’s ability to capture and monetize cultural moments faster than traditional finance ever could.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Solana Foundation has introduced Solana Governance Proposals, a new onchain process for validators to move major network questions into stake-weighted votes.
Summary
Solana validators can now move core governance questions into stake-weighted onchain votes through SGPs directly. A proposal needs 15% active stake support before it can enter formal network voting period. Validators need at least 100,000 SOL delegated to take an SGP onchain under current rules. The system gives validators a formal route to submit, support, and decide governance items that may shape Solana’s future protocol direction.
Meanwhile, the Solana Governance Proposals repo says SGPs are documents proposed by Solana validators for stake-weighted, onchain voting through the svmgov program. The process is for high-level questions that ask whether the network should move in a certain direction, rather than detailed technical changes. This keeps SGPs focused on broad network direction only.
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 A validator vote account needs at least 100,000 SOL staked to take an SGP onchain. The proposal then needs support from at least 15% of active stake before it can enter voting. The Solana Governance documentation says validators create proposals, other validators support them, and voting weight is proven through Merkle proofs against an onchain stake snapshot.
The process separates signals from code The SGP process sits beside Solana Improvement Documents, which cover detailed protocol design. In simple terms, SGPs ask whether Solana should pursue a direction, while SIMDs explain how a change would be built. The repo says, “A ‘yes’ on an SGP is a mandate to proceed.”
The lifecycle moves from idea to draft, support, voting, acceptance, and activation. Once a proposal reaches the 15% support threshold, it enters a fixed 11-epoch process. That includes seven epochs for discussion, one epoch for a Node Consensus Network snapshot, and three epochs for voting.
There is no quorum rule. A proposal passes only if “For” votes reach at least 66.67% of “For” plus “Against” stake. The repo also says SGPs are not mandatory for every technical change. If validators do not reach support, developers can continue through normal SIMD review.
Governance arrives as upgrades continue The launch comes as Solana continues to test large infrastructure changes. As previously reported, the Alpenglow upgrade entered community validator testing in May. Alpenglow aims to cut confirmation times to about 150 milliseconds and remove Proof of History and onchain vote transactions from Solana’s core process.
The new SGP route could give validators a clearer way to request network-wide direction before developers prepare technical work. The GitHub repo uses Alpenglow as an example of a proposal that could have first taken a directional vote before later SIMDs defined the build path. That example shows how Solana may use SGPs when validator input is needed before engineering details are complete.
Recent Solana activity adds context Solana’s validator set has also been tied to other recent network tools. As crypto.news reported, DoubleZero launched Edge in April with 379 validators publishing shreds and about 43% of Solana’s total stake covered at launch. The project aims to deliver Solana block data through private fiber paths.
Solana has also seen renewed market activity around network use. Crypto.news reported that Solana’s tokenized stock activity helped drive an 18% weekly SOL rebound in late June. Earlier, crypto.news reported that Galaxy Digital proposed a voting model for Solana inflation, showing that validator voting design has already been part of the network’s policy debate.
Solana has once again seized the spotlight in the crypto market with its remarkable price movement and surging network activity. As of this writing, SOL is trading at $75.09 after gaining 3.79 percent in the last 24 hours. The token’s 24 hour trading volume stands at $3.27 billion, while its market capitalization has reached $43.66 billion. With prices staging a recovery and transaction numbers skyrocketing, investors have started closely watching Solana’s next move.
Key support and resistance levels emerge in technical outlookCryptocurrency analyst Javon Marks highlights that Solana is approaching a major support zone that previously fueled its rallies. According to analysts, reclaiming and maintaining this level would hint at a further strengthening of the bullish trend.
Analysts evaluate that if Solana regains its critical support area, it could confirm upward momentum and increase the likelihood of heading toward the next major resistance at $233.80.
On the technical front, the $233.80 price level stands out as the main resistance. Surpassing this barrier could trigger fresh buying interest, potentially paving the way for SOL to target new highs around $450. However, the main short-term focus will be whether the newly formed support can hold.
IndicatorLevelCurrent price$75.0924 hour changeUp 3.79 percentMain resistance$233.80Monitored upper target$450Historic surge in network transaction volumesAccording to Solana Floor, transaction activity on the Solana network has reached record levels across all major timeframes. Daily, weekly, and monthly transaction counts have all hit unprecedented highs, highlighting a dramatic increase in both network usage and scalability capabilities.
Solana Floor, a data and content platform focused on the Solana ecosystem, actively monitors usage trends across the network.
The persistent rise in transaction volumes points to Solana’s growing presence in areas such as decentralized finance, memecoin trading, NFT markets, and blockchain gaming. The data suggests that this is not just a short-lived spike, but a sign of sustained activity from both users and developers.
New records in daily, weekly, and monthly transactions reveal that user and developer engagement on Solana remains strong and the ecosystem continues to expand.
Market momentum gives altcoins a boostRecent improvements in the overall crypto market have given SOL’s recovery efforts extra momentum. The upward trend led by Bitcoin has created positive sentiment for the altcoin sector as a whole, spilling over to Solana as well.
However, analysts caution that forecasts remain uncertain. Given the high volatility in crypto markets, whether key support and resistance levels hold will play a major role in determining Solana’s short term direction.
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.
Bitcoin climbed back above $60,000 after Fed Chair Kevin Warsh said inflation risks had eased, offering the crypto market its first clear boost in weeks.Solana led major tokens with a roughly 4% daily gain and about a 16% rise over the past week, while most other large cryptocurrencies were mixed.A sharp sell-off in semiconductor and AI-related stocks, driven by concerns over overbuilding and supply shifts, raised questions about whether money could rotate back from the AI trade into bitcoin and other risk assets.Bitcoin BTC$60,204.42 traded above $60,700 on Thursday after a quick overnight reversal after Federal Reserve Chair Kevin Warsh said inflation risks had eased, giving a market that spent most of June grinding lower its first clear lift in weeks.
Speaking at the European Central Bank's annual forum in Sintra, Portugal, on Wednesday, Warsh said "inflation risks have come down" while reaffirming the Fed's commitment to returning inflation to 2%.
He declined to signal what the central bank will do at its meeting later this month, saying policymakers would weigh incoming data first. Bitcoin pared earlier losses and pushed back above $60,000 after the remarks, according to CoinDesk reporting.
Solana led the majors. The token rose about 4% on the day to around $78 and is up roughly 16% over the past week, per CoinDesk data, the only large token with a meaningful weekly gain. Ether traded near $1,630, up about 3% on the day, while XRP held at about $1.06. BNB, dogecoin and Tron were softer over the week.
The bigger move was in stocks. A selloff in semiconductor shares spread to South Korea on Thursday, where the Kospi index fell almost 7% before paring losses. Samsung Electronics and SK Hynix each dropped more than 6%, and Kioxia fell 13% in Japan after a rally that had lifted the stock more than 650% this year.
The declines revived worries that this year's blistering run in artificial-intelligence stocks has outpaced reality.
Two reports fed the unease. Meta is building a cloud business to sell access to spare AI computing power, Bloomberg reported, raising concerns that the company had overbuilt. Apple is in talks to buy chips from two Chinese semiconductor makers, a move that would hurt Korean suppliers.
The AI trade is where money has flowed all quarter while bitcoin fell, giving the asset a rare back-to-back quarterly loss for only the third time in history. Capital rotated steadily into chipmakers and AI infrastructure as crypto closed a losing first half, so cracks there could ease the pull that has weighed on the market.
Elsewhere, Brent crude fell to about $70.60 a barrel, its lowest since late February, before the Middle East war began, as traffic through the Strait of Hormuz recovered.
Gold rose for a second day to trade above $4,060 an ounce after Warsh's comments, and the dollar steadied after two days of gains.
Whether bitcoin's reclaim holds depends on whether the AI wobble deepens into a rotation back toward risk or proves a one-day scare.
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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.
Solana (SOL) extends its recovery, trading above $78 on Thursday, having gained nearly 10% so far this week. The rebound is supported by strengthening derivatives metrics, modest institutional demand and improving technical momentum, all suggesting SOL could extend its gains in the near term.
Strengthening derivatives metricsDerivatives data for Solana shows bullish bias. CoinGlass long-to-short ratio reads 1.11 on Thursday, the highest level over a month. A ratio above 1 indicates bullish sentiment, as traders bet that asset prices will rally.
SOL long-to-short ratio chart. Source: CoinglassIn addition, CoinGlass funding rate for SOL turned positive on Thursday, reading 0.0017%, indicating that longs are paying shorts and suggesting bullish sentiment.
SOL funding rates chart. Source: CoinglassReturn of institutional demandInstitutional demand shows early signs of optimism. SoSoValue data shows that SOL’s spot ETFs recorded an inflow of $521,070 on Wednesday. So far through Wednesday, SOL recorded a net inflow of $3.55 million; if this inflow trend continues and intensifies this week, SOL price could see further upside.
Total SOL spot ETF net inflow daily chart. Source: SoSoValueSolana Price Forecast: Bullish strength gaining tractionSolana price extends its gains, trading above $78 on Thursday after surging nearly 10% so far this week. However, SOL maintains a cautious tone, trading below the 100-day and 200-day Exponential Moving Averages (EMAs) at $81.58 and $97.04. Meanwhile, SOL holds above the 50-day EMA at $75.43, suggesting some underlying demand, but the 50% retracement of the latest downswing at $79.27 already acts as immediate overhead supply.
Momentum remains constructive, with the Relative Strength Index (RSI) at 60 and the Moving Average Convergence Divergence (MACD) in positive territory, hinting that while higher EMAs cap the broader trend, buyers retain short-term traction.
On the topside, initial resistance stands at the 50% retracement at $79.27, followed by the 100-day EMA at $81.58 and the 61.8% Fibonacci retracement at $83.79. Above these, a stronger barrier emerges at the 78.6% Fibonacci retracement near $90.22, ahead of the horizontal resistance at $96.19 and the 200-day EMA at $97.04.
On the downside, immediate support is seen at the horizontal level around $77.07, with the 50-day EMA at $75.43 and the 38.2% Fibonacci retracement at $74.75 forming a secondary demand zone; a deeper pullback would expose the 23.6% Fibonacci retracement at $69.16.
(The technical analysis of this story was written with the help of an AI tool.)
Forward Industries has expanded its Solana treasury after buying more than 500,000 SOL during fiscal Q3 2026.
Summary
Forward Industries bought over 500,000 SOL, raising its treasury to 7.55M SOL by June 30. The company reported 36% annualized SOL-per-share growth while selling 93,642 shares during fiscal Q3 2026. Earlier losses show Solana treasury firms remain exposed to price swings and U.S. accounting rules. The Nasdaq-listed company said its total holdings reached 7.55 million SOL as of June 30.
The company bought the tokens at an average price of about $79 per SOL. It also said SOL per fully diluted share rose to 0.0729 from 0.0669 at the end of the prior quarter.
Forward Industries stock recently traded at $4.70 on Nasdaq, up more than 10% in the past day, with an intraday high of $5.04 and volume above 3 million shares (per Google Finance data).
Source: Google Finance Forward Industries said the increase represented 36% annualized SOL-per-share growth. The update comes as the company continues to build its Solana treasury while earlier filings show how crypto price moves have shaped its reported results.
Forward Industries expands Solana holdings In a July 1 company release, Forward Industries said it sold 93,642 common shares through its At The Market offering during fiscal Q3. The company said it used public market capital in a way that raised SOL per share for existing shareholders.
Forward described itself as the largest Solana treasury company. It said its recent inclusion in the Russell 2000 and Russell 3000 indexes gives it wider access to institutional investors when its shares trade above net asset value.
The company also said it can borrow against fwdSOL collateral through institutional partners. Forward said this lets it seek liquidity at a lower cost than its staking yield, which it placed between 6.4% and 7.3%.
Forward links strategy to SOL per share “Our mandate is simple: maximize SOL per share and create long-term shareholder value,” said Chief Investment Officer Ryan Navi. He said the company uses several capital formation methods to add SOL in a way it views as accretive.
Navi added that Forward can repurchase shares when they trade below net asset value and issue equity when they trade above it. He said the Russell index additions could also widen the company’s investor base and help fund more SOL purchases.
Forward also pointed to Solana network activity in a separate X post. The post quoted SolanaFloor data saying daily, weekly, and monthly Solana transaction counts had reached record levels across measured timeframes.
Earlier losses remain part of the story The latest purchase follows a period of reported losses tied to SOL price changes. As previously reported, Forward Industries neared a $1 billion Solana paper loss after the company reported a $585.6 million net loss for the quarter ended Dec. 31, 2025.
That earlier result included a $560.2 million loss on digital assets and a $33 million impairment under U.S. GAAP treatment. The company said the loss reflected fair-value accounting for its SOL holdings, not a direct cash outflow.
In addition, Forward also transferred 455,784 SOL to Coinbase Prime in June. That move drew attention because deposits to prime brokerage platforms can serve several purposes, including custody, liquidity management, collateral use, or asset sales.
Solana treasury model faces market test Forward launched its Solana treasury strategy in September 2025 with backing from investors and partners including Galaxy Digital, Jump Crypto, and Multicoin Capital. The company says its strategy includes buying, holding, staking, trading, and investing in SOL-related assets and projects.
The broader digital asset treasury sector has faced pressure during crypto market declines. As crypto.news reported, treasury companies tied to Bitcoin, Ethereum, and Solana have carried large unrealized losses as token prices fell.
Forward’s Q3 update shows that the company is still adding SOL despite earlier losses. The central measure it is asking investors to watch is SOL per fully diluted share. That metric now sits higher than the prior quarter, while the value of the treasury still depends on SOL market prices, staking revenue, borrowing costs, and shareholder dilution.
Solana is in the news after its active addresses surged significantly to 4.7 million over the past week. The hike in user interactions across the Solana network could translate into greater demand and eventually feed into investors’ market confidence.
However, will other on-chain and technical developments help sustain the improving market activity?
Source: Santiment On the daily chart, Solana seemeed to be approaching a key turning point at press time.
Its price action struggled for weeks below key resistance levels since it bounced back from its trading price of $59. Lately though, the token has been testing a major Exponential Moving Average(EMA) resistance at $75.
A successful move above that level could mark a shift in market structure and strengthen the case for a broader recovery. Here, the timing matters too. Especially since the altcoin’s improving fundamentals could add to and accelerate its improving network activity.
Source: TradingView Are long-term holders playing along? Accumulation of tokens on the network has been on the surge as well. In fact, holder balances have increased as a result of more investments being made on the platform in this period of consolidation.
However, there has been a drop in the supply too – Meaning that there are fewer tokens being returned to circulation.
The divergence could cause a demand shoot as not enough tokens may be available for circulation. As a result, the token’s price could push higher in the near future.
Source: Token Terminal Is it undervalued? Fundamental metrics seemed to be relaying a similar story. At the time of writing, Solana’s Price-to-Sales ratio was around 2 – A level that suggested the token may be undervalued at its trading price.
While valuation metrics are rarely used as short-term trading signals, they can provide useful context when assessing whether an asset is becoming stretched or remains relatively undervalued.
For some investors, the current ratio may strengthen the case for ongoing accumulation, which will turn out as another positive gain for SOL.
Source: Token Terminal Can buyers clear the next hurdle? The market now faces a clear test. A decisive move above the EMA resistance near $75 would strengthen the bullish structure that has been developing over recent sessions.
Beyond that level, the next major area of interest sits around $83, where previous selling pressure emerged.
At press time, the altcoin’s price action was catching up with its fundamentals. Especially since network activity has been growing and holders have continued to accumulate on the back of supportive valuation metrics. Together, they all appeared to be in support of the anticipated breakout.
Final Summary Solana’s active addresses surged to 4.7 million, signaling renewed activity across the network. Holder accumulation and a P/S ratio of 2 seemed to support SOL’s attempts to truly reclaim the key $75-resistance level.
Umbra Privacy has launched a private payroll system on Solana, giving businesses a way to pay employees in $USDC without exposing transaction details on the public blockchain. The product is the latest feature to emerge from the protocol's broader push to make on-chain finance safe for corporate use.
How It Works The payroll system is built on top of Umbra's existing privacy infrastructure. Operating as the first live consumer application deployed on Arcium's Mainnet Alpha, Umbra's environment is engineered on top of Arcium's multi-party computation (MPC) encrypted execution engine and zero-knowledge cryptographic proofs, hiding the identities of the sender and recipient, alongside total transaction values, from public scrutiny by default.
The platform supports multichain funding and offers instant withdrawals to either a crypto wallet or a traditional bank account. The integration introduces native, private fiat onramping and offramping alongside a corporate payroll engine directly inside the Umbra application, enabling users to fund digital asset wallets and accept corporate compensation without exposing their physical identity or bank routing details to public blockchain trackers. This is handled through a partnership with Onramper. "It's about giving people genuine control over their financial lives," said Krutarth Shah, CEO of Umbra. "Integrating Onramper means our users can fund their wallets and receive payroll with the same level of discretion they expect from every other part of the Umbra experience."
Under the newly activated framework, Umbra users can natively purchase digital assets utilizing 24 major fiat currencies without departing the application's secure perimeter. The financial transaction layer relies on Onramper's algorithmic aggregation engine, which dynamically routes each localized payment flow to the most competitive fiat-to-crypto onramp provider worldwide.
Compliance Built In A recurring concern with privacy protocols is regulatory risk. Umbra has addressed this by embedding compliance tooling directly into the product. This structural privacy does not compromise regulatory compliance. Umbra preserves critical enterprise oversight utilities, natively retaining institutional compliance tools such as developer viewing keys and automated transaction risk screening. The payroll product also includes payroll history tracking for internal record-keeping.
Umbra includes a voluntary audit feature allowing transaction history disclosure to regulators. The Solana Foundation's framing of "confidentiality, not anonymity" is deliberate regulatory positioning. Confidentiality around hidden amounts with visible addresses is defensible for business, payroll, and institutional use.
The launch addresses a structural problem that has long made on-chain payroll impractical for businesses. Solana is one of the most transparent blockchains ever built, with every transaction, including sender, recipient, and amount, publicly readable by anyone with a block explorer and a wallet address. DAOs and businesses risk exposing operational data, payroll, or treasury activity on a public ledger. Umbra's payroll feature is designed to close that gap, giving crypto-native companies a viable path to paying staff in digital assets without broadcasting compensation details to competitors or the wider market.
Sources
The Fintech Times: Umbra Integrates Onramper for Private Fiat Ramps and Crypto Payroll
Onramper: Umbra Integration Announcement
Crypto Economy: Umbra Launches Privacy Wallet on Arcium
Key Takeaways Bitcoin leads the pack as the most reliable long-term hold thanks to its limited supply and institutional backing Ethereum dominates smart contract platforms, DeFi applications, and stablecoin infrastructure Solana delivers exceptional speed and affordability while capturing growing DEX market share Chainlink serves as critical infrastructure by bridging smart contracts with off-chain data sources Sui presents a mid-cap opportunity with elevated risk but potentially significant returns Market observers have identified five digital currencies as the most compelling long-term investment opportunities as we move deeper into 2026. These selections prioritize network fundamentals, real-world utility, and adoption metrics over speculative price movements.
Bitcoin Bitcoin continues to hold its position as the premier long-term cryptocurrency investment. With a hard-coded maximum supply of 21 million coins, it represents the most scarce major digital asset available.
Bitcoin (BTC) Price The introduction of spot Bitcoin exchange-traded funds has simplified institutional access to the asset. Meanwhile, an increasing number of corporations are adding Bitcoin to their balance sheets, further integrating it into traditional financial systems.
Market analysts highlight Bitcoin as presenting the most favorable risk-to-reward profile across the entire cryptocurrency landscape. It serves as the cornerstone for any diversified digital asset strategy.
Experts recommend allocating 35 percent of a crypto portfolio to Bitcoin, representing the highest weighting among these five selections.
Ethereum Ethereum functions as the infrastructure layer for much of the cryptocurrency sector. The network powers thousands of decentralized applications and maintains the industry’s most robust DeFi ecosystem.
The Ethereum blockchain processes billions of dollars in stablecoin transactions. Its role in tokenizing traditional assets such as securities and property continues to expand.
While facing competition from emerging blockchains, Ethereum maintains unmatched developer engagement. This sustained developer interest represents a critical competitive advantage for its long-term prospects.
A 25 percent portfolio allocation to Ethereum is recommended for long-term holders.
Solana Solana stands out for its high-performance capabilities and minimal transaction costs. These characteristics have positioned it as a preferred platform for DeFi protocols, NFT marketplaces, payment systems, and mainstream applications.
Both stablecoin transaction volume and decentralized exchange activity on Solana have shown consistent upward trends. The network has also attracted growing institutional participation.
Analysts suggest a 20 percent allocation to Solana, positioning it as a high-growth blockchain with an increasingly mature ecosystem.
Chainlink Chainlink occupies a unique position among these recommendations. Instead of competing for transaction throughput, it provides critical infrastructure enabling smart contracts to interact with external data sources.
Its oracle technology is considered fundamental to the DeFi sector’s functionality. The platform’s Cross-Chain Interoperability Protocol has gained traction among institutions exploring asset tokenization.
Building a Balanced Portfolio The recommended allocation distributes capital as follows: 35 percent Bitcoin, 25 percent Ethereum, 20 percent Solana, 10 percent Chainlink, and 10 percent Sui.
This distribution aims to balance the stability offered by established networks with growth opportunities from emerging platforms.
Sui completes the portfolio as the highest-risk component. Built using the Move programming language, it prioritizes performance and scalability for gaming, DeFi, and consumer-facing applications.
While Sui’s ecosystem remains in earlier development stages, analysts acknowledge both its elevated risk profile and potential for outsized returns if user adoption accelerates.
No cryptocurrency represents a certain investment. The analysis emphasizes that diversifying across assets with proven fundamentals and practical applications may enhance long-term portfolio performance.
Cryptocurrency investments involve substantial risk and volatility remains inherent to the market. Each of these five digital assets fulfills a specific function within the broader crypto ecosystem as of July 2026.
Solana’s tokenized real-world asset ecosystem has hit a new all-time high of $3.3 billion, cementing the network’s position as the third-largest blockchain for RWA value. That’s a nearly fourfold increase from roughly $873 million at the start of the year.
The milestone puts Solana behind only Ethereum at $15.9 billion and BNB Chain at $4.0 billion. With a 10.39% market share in the RWA space, Solana is no longer a rounding error in the tokenization conversation.
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A trajectory that keeps steepening Solana’s RWA value climbed 27.92% over the previous 30 days, with 692 distinct assets now living on-chain. The network reached roughly $873 million in RWA value back in January 2026. By the end of Q1, that figure had ballooned to somewhere between $1.66 billion and $2.01 billion. The previous all-time high of $2.8 billion was set in May 2026.
Institutional players are already here Citigroup ran a pilot program for tokenized Bill of Exchange settlements on Solana back in February 2026. The pilot highlighted Solana’s low transaction fees and rapid processing speed as core advantages for institutional users.
Ondo Finance, which specializes in tokenized stocks and treasuries, has emerged as one of the key contributors to Solana’s RWA ecosystem. Kamino, another notable player, focuses on RWA-oriented DeFi markets. Together with support from the Solana Foundation and data infrastructure from platforms like rwa.xyz, the ecosystem supports a range of tokenized assets spanning treasuries, equities, and various financial instruments.
What this means for investors Solana’s 27.92% monthly growth rate and its position as the third-largest RWA blockchain changes the competitive dynamics. Ethereum maintains nearly five times Solana’s total RWA value, providing deeper liquidity pools and more composability options. Solana’s network has also historically dealt with outage concerns, and any significant downtime during institutional settlement processes could damage the trust that has taken months to build.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin, Ethereum, XRP, and Solana have once again become the focal point of the crypto market after simultaneously flashing monthly buy signals on the TD Sequential indicator. This development has fueled speculation that a long-term bottom might be forming across leading cryptocurrencies; however, analysts warn that the indicator alone does not guarantee the start of a sustained rally.
Unified technical signal emergesCrypto market analyst Ali Martinez reported that all four major cryptocurrencies triggered a TD Sequential buy signal on the monthly chart. Used primarily on higher timeframes, this indicator aims to spot moments when the prevailing trend is losing steam and the stage may be set for a reversal.
Glossary: The TD Sequential, developed by market analyst Tom DeMark, is a technical indicator designed to identify moments when trends are becoming exhausted and a possible reversal is imminent, using specific counting sequences.
The monthly chart is pointing to a simultaneous macro reversal setup. The TD Sequential indicator is giving a buy signal for Bitcoin, Ethereum, XRP, and Solana.
It is rare for all four major cryptos to show monthly buy signals at the same time. This technical improvement has fostered cautious optimism in the market, especially after the sharp volatility seen in recent weeks.
Latest on prices and futures marketsAccording to data from CoinMarketCap, Bitcoin was trading at $59,947.31, Ethereum at $1,615.92, XRP at $1.05, and Solana at $77.45. Analysts note that these large-cap assets are presenting a more positive picture compared to earlier market turbulence.
AssetPriceOpen Futures InterestBitcoin$59,947.31$8.50 billionEthereum$1,615.92$21.99 billionXRP$1.05$2.31 billionSolana$77.45$5.58 billionCoinGlass data shows the open interest in Bitcoin futures on Binance stands at $8.50 billion. Open interest for Ethereum has reached $21.99 billion. XRP and Solana report figures of $2.31 billion and $5.58 billion, respectively. This data suggests that interest in the derivatives market persists, indicating continued engagement from traders and investors.
ETF flows reflect ongoing cautionUS spot Bitcoin ETFs saw net outflows totaling $222.60 million on July 1. Despite this, the total net inflows since these products launched have reached $51.59 billion. This pattern shows that while some investors are taking short-term profits, the broader trend has not been completely disrupted.
Spot Ethereum ETFs, meanwhile, recorded a net outflow of 16,715.33 ETH on June 30. Although institutional players continue to display caution, sentiment around longer-term demand remains upbeat.
Monthly buy signals may signal weakening selling pressure, but further confirmation is needed for a sustained recovery.
In the coming weeks, if Bitcoin, Ethereum, XRP, and Solana manage to hold above current price levels, strengthen ETF inflows, see a rise in open interest, and log increased buying volumes, the probability of a broader crypto market recovery will likely increase.
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.
A Solana-based prediction market platform is launching, aiming to compete with market leaders Polymarket and Kalshi.
The new platform has been christened World — not to be confused with the Sam Altman-backed, human verification project which shares the same name.
According to a social media post, World will be available through the popular Phantom crypto wallet, and Chainlink will provide oracle infrastructure to enable "immediate resolutions and instant payouts."
"Prediction markets are one of the most powerful applications you can build on a high-performance blockchain," Solana Foundation's Head of Consumer Pedro Miranda said in an article shared on World's X account. "World is designed to show what Solana makes possible: real-time markets, onchain settlement, and a user experience that meets people where they are."
Of the two major players, Polymarket is the most crypto native, accepting various cryptocurrencies that it then converts into Circle's USDC stablecoin. Kalshi accepts USDC, Solana, and Bitcoin, then converts them to fiat USD.
Prediction markets have been considered a major growth area as Kalshi and Polymarket spend heavily on advertising campaigns while also inking high-profile corporate partnerships. Kalshi is seeking to raise more capital at a $40 billion valuation.
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"By launching inside Phantom, the most widely used wallet in Solana, World is immediately accessible to tens of millions of active users without requiring a separate app download or additional wallet setup," according to the article World shared Wednesday.
Coinbase, Robinhood, and DraftKings are all also involved in offering clients access to prediction markets where users can wager on sports, politics, economic events, and even the weather.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
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.
June 2026 marked another milestone month for tokenization across the Solana ecosystem. Trading activity accelerated to record levels as tokenized equities attracted growing participation from both institutional and retail investors. Financial institutions continued launching regulated investment products on Solana, while tokenized funds, commodities, and real-world assets expanded into new markets.
The month also highlighted the increasing integration between traditional finance and blockchain infrastructure. From tokenized stocks and funds to museum-grade dinosaur fossils, June demonstrated the widening range of assets finding their way onchain.
Here is everything you might have missed:
June 10: Jupiter Adds Leveraged Tokenized Equities Jupiter Exchange integrated SHIFT's leveraged tokenized equities, bringing Series Tokens to Solana.
The products track leveraged stock ETFs, while Jupiter introduced a dedicated screener displaying price, trading volume, holder count, and discount to mark value, making these products easier for users to monitor.
June 12: SpaceX Trading Arrives Onchain Backpack Securities launched tokenized SpaceX stock under the ticker $SPCX on Solana on the same day SpaceX became available in traditional financial markets.
The tokenized asset generated $51 million in trading volume during its first 24 hours, making it one of the strongest launches for a tokenized equity on the network.
The same day, Securitize launched STAC, its tokenized AAA CLO fund, on Solana. The fund is backed by Bank of New York Mellon as custodian and sub-adviser, while Ethena Labs announced plans to allocate $250 million to the product.
June 16: SpaceX Volume Surpasses $100 Million Demand for tokenized SpaceX shares continued to accelerate. 24-hour trading volume for $SPCX exceeded $100 million for the first time, underscoring growing investor interest in tokenized equity exposure.
June 17: Institutional Listings Continue to Expand Ondo Finance announced the addition of 173 new tokenized stocks and ETFs, expanding its catalog to more than 430 traditional financial assets.
On the same day, Onpharma launched a security token offering on Solana with First Block and Crito Capital.
Trading activity also remained strong. Solana recorded $116 million in tokenized equities volume, accounting for approximately 94% of all tokenized stock trading volume across blockchain networks.
$SPCX led activity with nearly $90 million in trading volume, while Backpack accounted for approximately 95% of that trading.
June 21: Collector Crypt Reaches Revenue Milestone Collector Crypt generated more than $5 million in weekly revenue for the first time.
The milestone pushed the platform's cumulative lifetime revenue beyond $68 million, highlighting continued demand for tokenized collectibles within Solana's growing real-world asset ecosystem.
June 22: UK Regulated Fund Launches Onchain $BAGEY, the first publicly available fully native UK-regulated tokenized fund built with BNY, launched on Solana.
The launch represents another example of regulated investment products adopting blockchain infrastructure for fund administration.
June 23: Tokenized Funds and Stocks Reach New Milestones Allfunds, one of the world's largest fund distribution networks, expanded its tokenized funds to Solana. The integration connects more than 3,300 financial firms and nearly €1.8 trillion in administered assets to onchain markets, broadening institutional access to tokenized investment products.
The same day, total tokenized stock transfer volume on Solana surpassed $10 billion, underscoring the rapid growth of tokenized securities activity across the network.
June 24: Tokenized Assets Reach New Highs June 24 produced one of the busiest days of the month for tokenization on Solana. Tokenized assets accounted for approximately 19% of all daily DEX volume on Solana, representing a new all-time high of roughly $569.19 million in trading activity. For the day, tokenized assets generated more trading volume than memecoins.
Tokenized stock trading volume also reached a record $683 million in 24-hour trading volume. Trading activity centered on tokenized shares of SpaceX and Micron, which ranked among the most actively traded assets. Backpack Securities and Sunrise continued to expand the market by listing tokenized SanDisk shares under the ticker $SNDK that same day.
Outside traditional financial assets, JurassicFi announced plans to tokenize Deaton, a museum-grade Triceratops prorsus skull with approximately 60-65% bone completeness and all 3 original horns intact.
June 25: Institutional Adoption Expands Internationally Paxos launched its tokenized gold asset, PAXG, on Solana through Sunrise. The launch marks the first expansion of PAXG beyond Ethereum.
The same day, the Solana ETF SOLZ_KZ began trading on the Kazakhstan Stock Exchange, providing qualified investors in Kazakhstan with regulated exposure to Solana.
Kazakhstan Exchange also outlined plans to enable domestic companies to issue ETFs and tokenize assets using Solana infrastructure, reflecting growing international interest in blockchain-based financial products.
June 28: Raydium Surpasses $3 Billion Tokenized Equities Volume Raydium surpassed $3 billion in cumulative tokenized equities trading volume after crossing the $2 billion milestone earlier in the month, on June 6.
June 29: Tokenized Equities on Solana Records Its Largest Week Ever Solana achieved its largest week on record for tokenized equities. Weekly trading volume reached approximately $1.36 billion while the network captured 96% of all tokenized stock trading volume across blockchain ecosystems.
The achievement also extended Solana's lead over all Layer 1 and Layer 2 blockchains to 56 consecutive weeks, reinforcing its position as the leading network for tokenized equities.
Internet Capital Markets Continue Rapid Expansion Last week, SolanaFloor's The Big Picture podcast went live on X, with Seraphim from the Solana Foundation discussing stocks on Solana, how to solve liquidity issues, what comes next for digital asset tokens, and whether Solana perps can compete. He noted that tokenized equity trading volumes could consistently outpace memecoin trading volumes, driven by growing demand for stocks on Solana. “We have to enable stuff that allows you to trade assets people want to trade, and that's stocks at the moment,” he added.
Open Standard also launched $OUSD, a new stablecoin backed by over 140 partners including Visa, Stripe, Mastercard, Coinbase and BlackRock. The protocol promises to distribute earnings from reserves among partners alongside fee-free redemption and minting.
Throughout the month, Solana maintained its leadership in tokenized securities. Record trading volumes, expanding institutional participation, and continued product launches highlighted the network's growing role within global tokenized markets.
“Head of Taking Risk” at Solana Foundation on The Big Picture
Solana has received another major injection of stablecoin liquidity after Circle reportedly minted an additional $1 billion in USDC on the network around July 1. The move adds to a year that has already seen unusually large gross USDC issuance on Solana, a chain where stablecoins have become central to swaps, leverage, payments, and on-chain trading activity.
TL;DR Circle reportedly minted another $1 billion in USDC on Solana. The mint follows another $1 billion Solana USDC issuance in mid-June. Gross 2026 USDC issuance on Solana is now reported at $64.25 billion. That figure is gross issuance, not current circulating supply. The distinction between issuance and supply is important here. A large mint does not mean all of that USDC remains circulating on Solana forever. Tokens can be burned, redeemed, bridged, or otherwise moved as market demand changes. The $64.25 billion figure refers to cumulative gross issuance during 2026, not the live amount of USDC currently sitting on Solana.
Why Solana wants deep stablecoin liquidity Stablecoins are the base layer for a lot of crypto trading behaviour. On Solana, they are especially important because the network is built around fast, low-cost settlement. Traders use USDC as collateral, as a settlement asset, and as a quick way to move between volatile positions without leaving the chain.
When more USDC is minted onto Solana, it usually points to demand for on-chain dollar liquidity. That demand can come from market makers, DeFi protocols, retail traders, or institutions routing activity through Solana-based venues. It does not automatically mean prices will rise, but it does show that the network remains a live venue for capital movement.
Gross issuance is not the same as circulating supply This is the part worth spelling out because the headline number can be easy to misread. Gross issuance counts how much USDC has been minted onto Solana across a period. Circulating supply reflects what remains after redemptions, burns, and transfers are accounted for.
So the $64.25 billion figure should not be treated as a claim that Solana currently has that exact amount of USDC active on-chain. Instead, it is a signal of throughput. It shows how much dollar liquidity has been created through the network during the year, even if some of that liquidity later moved elsewhere or was redeemed.
A stronger foundation for Solana DeFi For Solana’s DeFi ecosystem, this matters because stablecoin depth affects trading quality. More available USDC can improve routing, reduce friction, support lending markets, and make it easier for larger participants to enter and exit positions. In a market where liquidity often moves quickly between chains, stablecoin depth is one of the clearer signs of where users are actually active.
The latest mint also arrives at a time when Solana remains closely tied to high-velocity trading, meme coin activity, and decentralized exchange volume. That can make liquidity demand volatile. But it also keeps Solana near the center of the market’s most active trading lanes. For now, the fresh USDC mint reinforces the view that Solana is still attracting serious on-chain dollar flow.
This report is based on information from Solscan.
This article was written by the News Desk and edited by Samuel Rae.
World launches as a fully onchain prediction market on the Solana blockchain, letting users bet on Bitcoin prices and the 2026 FIFA World Cup directly from Phantom.
A new prediction market just went live on Solana and it wants to change how people bet on world events.
World launched on July 1, 2026, as a fully onchain prediction market. A prediction market is a platform where you bet real money on whether an event will occur or not and win if you predict it right.
World is available inside the Phantom wallet and at world.xyz.
What you can bet onAt launch, World offers two types of markets. The first covers crypto prices, simple bets on whether Bitcoin goes up or down. The second covers the 2026 FIFA Men's World Cup. More markets across sports, politics, and global events are planned in the weeks ahead.
How it worksMost prediction markets move your money off the blockchain into a separate system. World keeps everything onchain. Your funds stay in your Solana wallet until you choose to enter a market. Every bet, every payout, and every settlement happens directly on Solana, no middlemen, no waiting.
"World is designed to show what Solana makes possible: real-time markets, onchain settlement, and a user experience that meets people where they are," said Solana Foundation's consumer head Pedro Miranda.
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How to access itWorld is built directly into Phantom, Solana's most widely used wallet with more than 20 million users. There is no separate app to download.
Open Phantom, go to prediction markets, and start trading in seconds. Winnings are paid out automatically in $CASH, a stablecoin that runs natively on Solana.
Solana processes thousands of transactions per second at minimal cost, and for a prediction market, that is not a nice-to-have. Slow settlement and high fees do not just frustrate users. They break the product entirely.
How World settles betsTraditional prediction markets rely on humans to manually confirm outcomes and close markets, a slow process that creates delays and uncertainty.
World uses Chainlink, an industry-standard data service that feeds real-world information directly into blockchain applications, to resolve markets automatically the moment an outcome is confirmed.
"World's integration of Chainlink is a major milestone in prediction markets moving away from human-driven legacy solutions to advanced decentralized infrastructure that unlocks immediate market resolutions," said Johann Eid, chief business officer at Chainlink Labs.
The Phantom integration is the first of several distribution partnerships World plans to announce across fintech and crypto platforms throughout July.
Solana price is trading near $77, roughly flat over the past 24 hours, with the broader crypto market holding a cautious equilibrium as Q2 2026 closes. The session’s most consequential data point is not a price move, it is a revenue figure: Solana’s decentralized application ecosystem generated $257 million in Q2 2026, topping every Layer 1 and Layer 2 blockchain on the market for the ninth consecutive quarter.
Among notable altcoin moves, Ethereum is up roughly 1.2% over 24 hours while Base-native tokens show mixed performance. Total market 24-hour volume is tracking near $98 billion, marginally above the prior session, suggesting participation is steady rather than surging.
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Nine Quarters, One Network: What Solana’s Revenue Streak Actually Means The central question this data raises: is Solana’s dominance a cyclical accident or a structural reality? Nine consecutive quarters of leading all blockchains in dApp revenue, a streak running since early 2024, argues strongly for the latter. Ethereum, Tron, Base, and Hyperliquid have each had moments at the top. None has dislodged Solana.
The $257 million Q2 2026 figure represents a slight year-over-year dip from Q2 2025’s $271 million, but the competitive gap remains wide. According to Syndica’s January 2026 deep dive, Solana held 41% of total Web3 dApp revenue at the start of the year, up from 33% in December 2025, with global Web3 dApp revenue totalling $385 million that month and Solana’s $158 million slice representing a 72% month-over-month jump.
That is not a plurality. That is a near-majority of an industry-wide metric held by a single network.
📊DATA: In Q2 2026, @Solana dApps generated $257M in revenue, leading all L1 and L2 blockchains for the 9th consecutive quarter. pic.twitter.com/syrtL3LFjY
— SolanaFloor (@SolanaFloor) July 1, 2026
Protocol-level data from TheStreet adds granularity. In Q1 2026, Solana posted $292 million in dApp revenue, with two applications accounting for the bulk of it: Pump.fun generated $123 million (42% of the network total) and Axiom contributed $58 million (20%).
Those two platforms alone, a memecoin launchpad and a trading terminal, captured nearly two-thirds of Solana’s entire quarterly haul. The concentration is notable: Syndica’s data found the top eight Solana dApps accounting for 78% of the network’s own revenue.
Weekly competitive data reinforces the trend’s durability. In the week ending April 20, 2026, Solana posted $16.94 million in weekly dApp revenue, its fifth consecutive week at number one, ahead of Hyperliquid at $14.18 million and Ethereum at $13.55 million.
In May 2026, Solana generated $91 million in monthly application revenue versus Hyperliquid’s $53 million and Ethereum’s $52 million, according to DefiLlama data cited by Bitcoin.com.
DISCOVER: Best Meme Coin ICOs to Invest in 2026
The Memecoin Risk Embedded in Solana’s Revenue Model Blockchain revenue figures matter precisely because they are harder to game than alternative metrics. Total value locked, TVL, the sum of assets deposited into DeFi protocols – can be inflated through recursive deposits, where the same capital is counted multiple times across lending and liquidity pools. Daily active addresses can be manufactured. Revenue cannot: it reflects users paying fees for something they chose to use.
That said, Solana’s revenue mix carries a concentration risk that investors in SOL should price honestly. Memecoins and memecoin-adjacent trading infrastructure, Pump.fun being the clearest example, have driven a disproportionate share of the network’s fee income. If speculative appetite in that category cools materially, the quarterly totals will register it.
The $200 million-plus threshold is the number to watch for Q3 2026: can Solana hold it without a memecoin trading supercycle providing the floor? Solana memecoin DEX volume trends heading into July 2026 suggest the category remains active, though below its early-2026 peak.
Solana's revenue is twofold. People only talk about half of it, but retail will trade both
Memes: Pumpfun is the memecoin casino, which brings attention and volumes to the chain
Then you have productive assets like MetaDAO, perps onchain , etchttps://t.co/ypVkyFVE4g pic.twitter.com/vdtSfDLQQQ
— Ansem 🐂🀄️ (@blknoiz06) June 25, 2026
The more constructive read is that DeFi and consumer applications are maturing as a second revenue pillar. Axiom’s sustained presence in the top two earners, $58 million in Q1 2026 after a breakout $126.6 million in Q2 2025, according to The Currency Analytics, shows that trading infrastructure beyond pure memecoin issuance is generating durable fees.
For a fuller picture of how institutional capital is positioning around Solana’s structural lead despite recent price softness, the SOL institutional adoption and price divergence analysis lays out the tension clearly.
Meanwhile, Ethereum’s path back to dApp revenue leadership runs through its Layer 2 ecosystem, Base, Arbitrum, Optimism, but that revenue remains fragmented across multiple chains. Aggregated, it still does not consistently match what Solana generates as a single unified network.
Ethereum’s own challenges at the base layer, detailed in the current Ethereum price and key levels outlook, compound the difficulty of closing that gap in the near term.
Nine quarters of leading all blockchains in dApp revenue is no longer a streak. It is a structural baseline, and the Q3 2026 data will show whether Solana’s non-memecoin revenue base has grown enough to defend it independently.
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Solana perpetuals exchange Drift Protocol has rebranded to Velocity DEX, with a private beta planned in the coming days as the platform rebuilds after a $295M April exploit.
Solana perpetuals exchange Drift Protocol has rebranded to Velocity DEX, the protocol's official X account announced on Wednesday. Solana's own account confirmed the switch shortly after, posting "FYI: @driftprotocol is now @VelocityDEX."
Velocity DEX said the new name reflects "a cleaner architecture, a stronger security foundation, and a clearer sense of what this platform is for," and that a private beta will go out to select partners and traders "in the coming days." The rebrand follows an April 1 exploit that drained roughly $295.4 million from Drift's vaults, an attack Mandiant attributed to a DPRK-affiliated threat actor as part of the token-based recovery framework Drift set up to repay affected users, backed by exchange revenue, a $127.5 million Tether commitment and up to $20 million from partners.
Crypto-native aggregator DegenerateNews flagged the rebrand alongside the exploit history hours after Velocity's own post went out. Elliptic had earlier put the exploit total at $286 million in its own tracing of the attack, a figure in the same range as Drift's own $295.4 million tally.
Under the planned relaunch, Drift's replacement will operate as a leaner, perpetuals-only venue settled in USDT instead of USDC, dropping ancillary products such as Isolated Markets and Amplify, according to the recovery plan The Defiant covered last month. The protocol is also removing the durable-nonce mechanism that attackers exploited to get Drift's Security Council to unknowingly pre-sign transactions, and shifting to a freshly deployed program with rotated keys.
Chainalysis found the attackers used Solana's durable-nonce feature to obtain pre-signed transactions from Security Council members after a months-long social-engineering campaign, a method Elliptic linked to infrastructure associated with past DPRK-attributed operations. Under Drift's recovery framework, affected wallets received transferable tokens representing $1 of verified loss each, redeemable once the recovery pool clears $5 million and funded through a mix of protocol revenue, the Tether commitment and partner contributions.
Mainnet deployment of the rebuilt exchange will require instruction-level audits, time-locked admin actions and review under Solana's STRIDE security program, per the recovery plan. Velocity DEX gave no exact date for the public relaunch beyond the coming private beta, though Drift's recovery plan had targeted a Q2 2026 return to full service.
World has launched a fully onchain prediction market on Solana, allowing Phantom users to trade contracts tied to crypto prices and the 2026 FIFA Men’s World Cup.
millions wondered "what is world xyz?" 🌎
world is the @solana prediction market
world is live in @phantom with @chainlink as oracle infra
world is how the world trades what happens next
world is just getting started https://t.co/Dkis959FTU pic.twitter.com/CtTg8ZaGWL
— world (@world_xyz) July 1, 2026
The platform is available through Phantom and its own website, with trading, positions and settlement handled on Solana. World said users retain custody of their funds until they enter a market, rather than depositing assets with a centralized operator.
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Initial offerings include short duration Bitcoin price markets and contracts covering the World Cup. World plans to expand into additional sports, political, geopolitical and macroeconomic events in the coming weeks.
World uses CASH, Phantom’s stablecoin, as its settlement asset. Winning positions are designed to be redeemed automatically after a market is resolved.
Chainlink serves as the platform’s primary oracle provider through its Data Streams and Chainlink Runtime Environment infrastructure. The integration supplies external data used to determine outcomes and automate market resolution.
Phantom’s disclosures identify World as the issuer of tokenized event contracts and the infrastructure provider for positions opened through the wallet from June 1. Phantom had previously offered prediction markets powered by Kalshi through DFlow.
The disclosures also warn that oracle failures, delayed data, manipulation or incorrect information could lead to improper resolutions or financial losses.
World said the Phantom integration is the first of several distribution partnerships it plans to activate across crypto and traditional financial platforms during July.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
The platform, unmasked in late June after two-plus years as an anonymous "Trade Everything" teaser account, opens trading in Phantom's CASH stablecoin and leans on Chainlink oracles instead of human-run resolution.
World, a prediction market built on Solana, went live inside the Phantom wallet and at world.xyz on July 1, using Chainlink as its primary oracle infrastructure, according to the project's own X post.
The platform lets users trade event contracts on crypto prices and the 2026 FIFA World Cup, with sports, geopolitics and macroeconomic markets planned in the coming weeks.
World is non-custodial, funds move only when a user enters a market, and positions, settlement and redemptions occur onchain. Winning positions settle automatically in $CASH, Phantom's stablecoin, rather than requiring users to manually claim payouts.
Anonymous TeaserWorld's identity was a mystery for roughly two and a half years before this week's unveiling. The @world_xyz account had circulated on X since late 2023 with little more than a glowing globe graphic, cryptic posts and the tagline "Trade Everything," fueling speculation the project could be a meme coin, a trading app or broader Solana infrastructure.
The project's identity surfaced not through a product announcement but through a legal disclosure: a page on Phantom's site named "World Prediction Markets" as the non-custodial protocol powering the wallet's onchain prediction markets, providing order routing to Solana liquidity providers for positions opened on or after June 1, according to Phantom's disclosure page and help-center documentation. The disclosure was first spotted and publicized on X in late June, per Solana Compass, ahead of this week's public launch.
World's team has not been publicly identified, and the project has no announced token. No funding round or investor backing has been disclosed. World replaces a prior arrangement in which Phantom's in-app prediction markets ran on Kalshi, the CFTC-regulated exchange, via order-routing infrastructure that launched inside Phantom in December 2025.
Chainlink Steps In for ResolutionChainlink supplies World with market data and resolution infrastructure through Chainlink Data Streams and the Chainlink Runtime Environment (CRE). CRE, which Chainlink launched in November 2025, is an orchestration layer letting developers deploy workflows executed across decentralized oracle networks, extending consensus-based verification to off-chain computation and data delivery.
Other event-contract platforms have moved the same direction: Polymarket integrated Chainlink oracles in September 2025 to automate settlement of short-duration crypto price markets, and Aave adopted Chainlink Automation and CRE to automate governance operations across 18 chains. Chainlink separately struck an oracle deal with ADI Predictstreet, an official FIFA World Cup 2026 partner running its own prediction markets.
Pedro Miranda, head of consumer at the Solana Foundation, was quoted in the announcement: "Prediction markets are one of the most powerful applications you can build on a high-performance blockchain. World is designed to show what Solana makes possible: real-time markets, onchain settlement, and a user experience that meets people where they are."
A Fast-Growing MarketWorld enters a sector that has expanded rapidly over the past year. Kalshi raised $1 billion in May at a $22 billion valuation and passed $100 billion in lifetime trading volume in June, with single-day volume topping $1 billion for the first time during a stretch of overlapping sports events. Polymarket took a $2 billion strategic investment from Intercontinental Exchange in October 2025 at roughly an $8-9 billion valuation and relaunched for U.S. users after acquiring the CFTC-licensed exchange and clearinghouse QCX for $112 million, a deal that closed after the Department of Justice and the CFTC dropped a probe into the platform.
World is not the only Solana-native entrant. Jupiter unveiled a competing "Forecast" beta on June 29 offering 15-minute bitcoin price markets, per its own announcement. Other Solana-based prediction market efforts include Drift Protocol's BET product and Hxro Network's Parimutuel Protocol.
Regulatory scrutiny of the sector continues. The CFTC, now chaired by Michael Selig, has moved to expand event-contract access rather than restrict it, publishing a formal rulemaking notice on prediction markets in June, according to the CFTC. Kalshi has continued to face state-level legal challenges over sports-related contracts even as a federal appeals court ruled in April that federal commodities law preempts state gaming law in at least one case, per Skadden's summary of the Third Circuit decision.
Onchain BackdropWorld's launch comes as trading activity on Solana has picked up after a volatile year. The network's decentralized exchange volume totaled roughly $67.3 billion over the trailing 30 days, up about 58% from the prior 30-day period, according to DefiLlama. Solana's total value locked in DeFi stood at roughly $4.85 billion, down from about $8.68 billion a year earlier, per DefiLlama.
CASH, the stablecoin World uses for settlement, launched in September 2025 as the first stablecoin issued on Bridge's Open Issuance platform. Its circulating supply has grown to about $121 million, according to DefiLlama — a fraction of USDC's roughly $73.9 billion and USDT's roughly $184.9 billion, but up from about $100 million in December, as The Defiant previously reported.
SOL traded at $76.91, up 5.6% over 24 hours and 11.5% over the past week, while LINK traded at $7.38, up 3.1% over 24 hours but down roughly 16.8% over the past month, according to CoinGecko.
Crypto analyst Ali Martinez said that signals indicating a long-term market reversal are emerging in major crypto assets, particularly Bitcoin. According to Martinez, the Tom DeMark (TD) Sequential indicator is giving a bullish signal for Bitcoin, Ethereum, XRP, and Solana on the monthly charts.
The analyst noted that trend exhaustion signals, especially those seen in higher timeframes like monthly charts, are significant. Martinez stated that in the past, multiple major crypto assets simultaneously generating monthly bullish signals indicated seller fatigue and long-term market lows.
Another data point highlighted by Martinez concerned the profit and loss status of Bitcoin’s supply. According to the analyst, for the first time in this cycle, the amount of Bitcoin held at a loss reached 10.45 million BTC, surpassing the 9.60 million BTC held at a profit.
Martinez said that the fact that more than half of the circulating Bitcoin supply is at a loss indicates that the speculative bubble in the market has largely cleared. The analyst argued that such crossovers have only been seen very close to major cycle bottoms in Bitcoin’s 15-year history.
Looking at past examples, a similar intersection first occurred in September 2011, and Bitcoin bottomed out in November 2011, starting a new bull market. The second intersection took place in September 2014, and after the market consolidated under these conditions until October 2015, it entered a new expansion period.
The third intersection, seen in November 2018, coincided with one of the harshest periods of the bear market. Following this, Bitcoin began a new bull cycle in March 2019. A similar intersection occurred during the liquidity crisis of March 2020, but this lasted only 17 days, and Bitcoin recorded a strong recovery by April 2020.
According to Martinez, the first supply intersection of the current cycle officially occurred in June 2026, and the metrics have continued to move in the opposite direction since then. The analyst argued that while such periods have lasted from a few weeks to a few months in past data, Bitcoin is currently trading in a region of high-reliability accumulation.
*This is not investment advice.
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