More than 140 companies—among them Visa, Stripe, Mastercard, American Express, Coinbase, Ripple, Bybit, and Solana—have joined forces to launch a new stablecoin called Open USD. Scheduled for native rollout on the Solana network in 2026, this collaborative project brings together leading payment networks, crypto exchanges, and blockchain developers for what could become a major development in the stablecoin arena.
According to the announcement on Tuesday, Open USD will be owned and operated collectively through an independent entity named Open Standard. This structure is designed to move away from a single issuer, enabling a broader, more inclusive management framework that opens the door for wide industry participation.
Zach Abrams, founding CEO of Open Standard, noted several fundamental challenges with current stablecoins at an enterprise level. He pointed out that companies today encounter various fees when minting and redeeming tokens, have restricted access to reserve yields, and rely heavily on the decisions of a single issuer when it comes to product direction.
Zach Abrams, CEO of Open Standard, highlighted that while existing stablecoins bring certain strengths, enterprise users need an open, low-cost, high-capacity, accessible solution with interests aligned across participants for large-scale adoption.
With the Open USD model, member companies will be able to mint and redeem tokens without paying any fees, and there will be no artificial volume caps. Moreover, all income derived from the Open USD reserves will be distributed among the partners rather than kept by a central entity.
Mini glossary: Reserve yield refers to the income generated through the management of cash and similar assets backing a stablecoin. In centralized models, this yield usually stays on one company’s balance sheet, whereas collaborative approaches distribute it among the participants.
Stripe’s backing draws industry attentionAmong the boldest demonstrations of support comes from Stripe, which plans to make Open USD its default stablecoin for businesses operating within its system. As a top-tier global digital payment infrastructure provider, Stripe’s endorsement signals a powerful use case for real-world payment applications.
Will Gaybrick, Head of Technology and Business at Stripe, remarked that companies require a stablecoin capable of operating at global and industrial scale, which is why Open USD will become the default stablecoin for businesses on the Stripe platform.
Gaybrick also emphasized that this need extends beyond today’s transaction volume, reflecting future growth in digital payment flows. This vision positions Open USD not merely as a payment tool but as a foundational infrastructure offering for enterprises worldwide.
The stablecoin market keeps expandingThe Open USD announcement comes at a time of rapid growth in the global stablecoin market. According to data from Messari, the total market capitalization of stablecoins has surged to 298 billion dollars.
Carolyn Weinberg, Director of Product and Innovation at BNY, forecasts that the stablecoin market could reach 1.5 trillion dollars by 2030. She argues that Open USD’s neutral governance and shared economics could unlock a new phase of growth for digital assets if the model succeeds.
CategoryDataNumber of participating companiesMore than 140NetworkSolanaPlanned launch year2026Stablecoin market cap298 billion dollars2030 projection1.5 trillion dollarsDisclaimer: 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.
Survey: 88% of enterprises plan to adopt stablecoins within the next year, with cross-border payment costs reduced by an average of 35%.
Payment infrastructure company Cybrid has released a new survey report indicating stablecoins are rapidly gaining traction in enterprise payment scenarios. The survey found that 42% of participating enterprises already use stablecoins for cross-border payments, while 88% said they are likely or very likely to adopt stablecoins within the next 12 months—only 2% of firms stated they will continue to rely entirely on traditional payment systems. According to the report, enterprises using stablecoins save an average of 35% on cross-border payment costs, with firms processing over $100 million in monthly payments achieving an average cost reduction of 47%. Payroll and contractor payments represent the most prominent use case, followed by supplier payments, customer payments, investment and revenue management, and treasury management, among others. Additionally, 71% of respondents identified a clear regulatory framework as the primary factor driving further mainstream adoption of stablecoins, outranking considerations such as infrastructure provider credibility and system integration. The survey was conducted from April to May this year, covering 468 senior executives from tech, financial services, and e-commerce sectors in the United States, Canada, and the United Kingdom.
2 hours ago
FalconX secures EU MiCA license, allowing it to offer compliant crypto services to institutional clients in Europe.
Institutional digital asset broker FalconX announced it has obtained the EU’s Markets in Crypto-Assets (MiCA) license issued by the Malta Financial Services Authority (MFSA), enabling it to provide compliant digital asset trading, custody, liquidity and related institutional services across the European Union (EU) and European Economic Area (EEA). FalconX stated that this license allows it to operate across EU member states under a unified regulatory framework, eliminating the need for individual country-specific licenses. Currently, the firm serves over 2,000 institutional clients worldwide, including asset management firms, hedge funds, banks and family offices, with cumulative transaction volumes exceeding $2.5 trillion and over $8 billion in institutional financing disbursed. FalconX noted that as the MiCA regulatory framework is fully implemented, institutional clients’ demand for compliant trading, custody and liquidity services continues to grow, and regulatory credentials are becoming a key competitive advantage in Europe’s digital asset market.
2 hours ago
Guo Wengui sentenced to 30 years in prison in connection with a fraud case involving over $1 billion.
A US court has sentenced Miles Guo (also known as Ho Wan Kwok) to 30 years in prison. In 2024, a jury convicted Guo on multiple charges including racketeering, fraud, and money laundering, with his formal sentencing now issued. Prosecutors stated that Guo defrauded over $1 billion from global victims through a series of related scam schemes spanning five years. Notably, in 2021, he promoted the cryptocurrency project Himalaya Coin (H-Coin), claiming the tokens were backed by 20% gold reserves and promising to cover all investors’ losses, raising approximately $500 million in total. Additionally, the court previously ordered the forfeiture of nearly $900 million in Guo’s illegal proceeds, as well as his luxury mansion in New Jersey and multiple high-end vehicles. Guo had close ties to Steve Bannon, a former senior advisor to US President Donald Trump; Bannon was arrested in 2020 aboard Guo’s yacht.
2 hours ago
The first-half 2026 funding rankings have been released, with Kalshi and Polymarket raising a combined $1.8 billion.
According to statistics, the 14 largest global funding rounds in the first half of 2026 raised a total of $4.3 billion, with prediction markets, AI, and payment sectors drawing the most investor interest. Specifically, prediction market platform Kalshi topped the list with a $1.2 billion funding round, while Polymarket secured $600 million—together, the two raised $1.8 billion, accounting for over 40% of the total capital of the top 14 rounds. In the AI space, Replit, Exa AI, and OpenRouter closed funding rounds of $400 million, $250 million, and $113 million respectively. For blockchain projects, Canton Network, Arc, and Morpho raised $355 million, $222 million, and $175 million respectively. Meanwhile, payment, RWA, infrastructure, and compliance projects including Rain, Slash, Goldcom, Alpaca, and Elliptic also featured on the list.
2 hours ago
Pump.fun is discontinuing support for its tokenized agent issuance feature, stating it will focus on optimizing retail user trading experience.
Pump.fun announced it will immediately cease support for its Tokenized Agent token issuance feature. The feature will no longer be available for new token launches, though projects that have already activated it will remain unaffected. The platform noted that over recent months, consistent community feedback has pointed out that excessive issuance options have sparked unnecessary user vs. user (PVP) competition. Moving forward, Pump.fun will prioritize issuance models and product features that explicitly enhance retail trading experiences.
2 hours ago
Circle CEO: USDC remains the world's most trusted stablecoin, will continue to expand its ecosystem and welcome market competition.
Circle co-founder and CEO Jeremy Allaire stated that as the internet continues to reshape the global infrastructure for storing and transferring value, stablecoins will emerge as one of the world’s largest market opportunities — a core reason Circle was founded and has since built the world’s largest compliant stablecoin network. Allaire noted that USDC remains the world’s most trusted, widely adopted, and institutional-grade stablecoin, with thousands of partners across sectors including banking, payments, capital markets, and enterprises. Circle will continue expanding the USDC ecosystem, including supporting more blockchain networks, enhancing cross-chain interoperability, and enabling more partners to participate in the economic value generated by the USDC network. Additionally, Allaire said Circle welcomes ongoing innovation and competition in the stablecoin space, and will expand support for more U.S. dollar and non-U.S. dollar stablecoins across its products: Arc, CCTP, StableFX, Circle Wallets, and CPN, to advance the development of a stablecoin-centric internet financial system.
A recent analysis from CoinGecko reveals just how fleeting most meme coins launched on Pump.fun really are. The Solana-based platform has lowered the barrier to token creation dramatically, enabling anyone to mint a coin with minimal cost or technical skill. Since January 2024, this has resulted in a massive wave of launches, but the research findings from CoinGecko show the overwhelming majority fail to maintain any trading activity for long.
Researchers reviewed on-chain data for roughly 18.67 million tokens created between January 14, 2024, and June 18, 2026.
They measured lifespan as the number of calendar days from a token’s creation until its final trade on Pump.fun’s bonding curve.
Tokens with no trading activity at all were excluded from the study. The numbers paint a clear picture of rapid decline.
Nearly 68.7% of tokens — more than 12.8 million — recorded their last trade on the exact day they launched.
Adding those that survived only one additional day brings the total to over 80% that effectively disappeared within the first 48 hours.
Survival drops steeply from there: just 4.1% lasted two to three days, 3.4% made it four to seven days, and the percentages continue to shrink for longer periods.
Only 4.55% of tokens remained active beyond 90 days.
This steep drop-off means the average lifespan across the entire dataset falls well under a single day.
While a small percentage of tokens eventually “graduate” to external decentralized exchanges such as Raydium (roughly 1% of launches), the core finding holds: most projects never build lasting momentum.
The CoinGecko team links this extreme transience directly to the platform’s dynamics.
The same-day failure rate, they observe, reflects a pattern where creators launch large numbers of tokens in quick succession and move on to newer projects as soon as initial interest fades.
Low creation costs and easy access to trending feeds encourage this behavior, turning token launches into a high-volume, low-commitment activity driven primarily by short-term attention rather than any underlying utility or
In practice, this creates an environment saturated with speculative fervor.
Tokens often spike on initial hype from social media buzz or influencer mentions, only to lose liquidity and interest almost immediately if they fail to sustain that early momentum.
The data underscores how little substance many of these projects possess once the first wave of buyers exits.
For traders and investors, the report serves as a data-backed caution.
While a handful of meme coins achieve significant market caps and longevity, the vast majority do not.
The research findings illustrate a market segment where excessive enthusiasm frequently outpaces any realistic prospects for sustained value.
Most tokens are essentially experiments in attention economics — quick to appear, quick to be forgotten, and rarely justified by fundamentals.
CoinGecko’s analysis provides one of the clearest quantitative views yet of Pump.fun’s ecosystem.
It shows a landscape defined by high turnover and fleeting speculation, where the promise of overnight success rarely survives beyond the first trading session.
In such conditions, participants chasing the next viral launch face odds heavily stacked against long-term survival for the tokens they buy into. The research report from CoinGecko ultimately highlights why so much of the excitement around these coins remains rooted in temporary hype rather than enduring merit.
The cryptocurrency sector is observing a new phase of activity around Solana, as its network records unprecedented levels of use. The blockchain attracts more users thanks to the growth of decentralized exchanges and the arrival of digital financial assets. This dynamic follows a sharp increase in the token, driven by significant volumes and visible growth of its ecosystem. Recent data shows a change in usage, with a strengthened position in decentralized financial infrastructure. This evolution draws the attention of global market players amid current transformation.
In brief Solana gains 7% and exceeds 75 dollars thanks to record network activity. DEX volumes reach 7.2 billion dollars, surpassing several centralized platforms. Tokenized assets exceed 10 billion dollars, reinforcing institutional usage. Solana’s market capitalization reaches 44 billion dollars, confirming its place among major cryptos. Traders watch the 78-82 dollars resistance against upcoming market developments. Solana Benefits From Record Network Activity and Gains Ground Against Traditional Platforms The recent rise of Solana mainly rests on the intensification of transactions and exchanges carried out on its network. The weekly volume of operations, excluding validators’ votes, has reached an unprecedented level, confirming a larger participation of active users. This dynamic reflects a broader adoption of the ecosystem and a growing use of decentralized applications.
Here are the main indicators of this progress showing the extent of the recorded activity on the network:
Decentralized exchange (DEX) volume: 7.2 billion dollars recorded on Solana-based platforms. Market capitalization: 44 billion dollars after the token’s progress on the crypto market. The price of SOL jumped about 7% to cross the 75 $ mark. Technical resistance zone: 78 to 82 dollars, monitored by investors. Weekly transaction volume: a historic record reached excluding validators’ votes. This rise strengthens Solana’s position among the main blockchain infrastructures on the market. Decentralized exchanges now hold a more significant place in the digital ecosystem, while investors closely follow the network’s upcoming developments. Current technical levels remain a key element to assess the blockchain’s ability to maintain this momentum.
Tokenized Assets Strengthen the Utility of the Solana Blockchain Beyond traditional exchanges, the arrival of real-world assets represents a central element of this new dynamic. Tokenized stocks and traditional shares linked to the network have exceeded 10 billion dollars in cumulative volume. This growth shows increasing interest in the digital representation of existing financial assets. It also indicates that the blockchain is developing uses related to a broader financial infrastructure.
In this context, Solana benefits from the expansion of applications seeking to connect traditional finance to decentralized technologies. Institutions are observing the opportunities offered by asset tokenization. This trend changes the perception of blockchain networks, often associated with digital tokens. Now, decentralized infrastructures also host financial instruments linked to the real economy.
However, market players are also monitoring risks related to rapid price movements. Technical analysts identify several levels likely to trigger profit-taking. The coming months will allow to assess this growth.
Market Prospects Remain Linked to Technical Signals and Adoption Retail investors’ interest has also evolved thanks to analyses shared by some sector observers. The trader known under the pseudonym ” Ansem ” published technical charts accompanied by a long-term projection. This forecast mentions a price target that could reach 1,000 dollars for the digital asset.
On their side, quantitative traders maintain a more cautious approach to current movements. Order book data shows resistance located between 78 and 82 dollars. This zone could temporarily limit progress if sellers increase their presence. Markets analyze several indicators before anticipating a new stage.
Finally, the Solana network will need to maintain its activity pace to confirm lasting interest around its ecosystem. Decentralized exchange volumes, tokenization and daily usage will remain essential elements. The next evolution will depend on the balance between technical adoption and investors. The market will follow these indicators to measure this dynamic.
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Ghiles A.
Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Solana climbed nearly 18% over the past week, rising from a local low near $64 on June 25 to an intraday high of $75.80 on June 30. The rally came as tokenized stock activity on the network hit a record $1.36 billion in weekly volume, accounting for roughly 96% of all on-chain equity trading during the period.
SOL outperformed most large-cap tokens while Bitcoin remained below $60,000 following another failed breakout attempt.
Tokenized Assets and ETF Flows Fuel Demand The surge in real-world asset activity increased on-chain transactions and demand for SOL as the network’s native gas token, adding an organic source of spot buying beyond speculative trading. Spot Solana exchange-traded funds managed by firms including Bitwise and Fidelity surpassed $1.06 billion in combined assets under management.
Unlike spot Bitcoin ETFs, several Solana products distribute staking rewards to shareholders, giving investors an additional yield component alongside price exposure. Institutional participation continued to deepen beyond ETF flows.
MoneyGram joined the network as a validator, while Toss Bank expanded its use of Solana infrastructure for cross-border stablecoin remittances. These additions provide long-term network participation rather than short-term speculative interest, reinforcing the chain’s growing role in traditional financial services infrastructure.
Technical Indicators Show Momentum Shift The daily chart showed SOL reclaiming the 20-day simple moving average around $70.90 after defending support near $64. The Chaikin Money Flow indicator climbed back into positive territory at 0.17, suggesting capital returned to the token after weeks of persistent selling pressure.
Traders are watching resistance between $76 and $80, where liquidation clusters from leveraged positions could amplify price moves in either direction. A sustained close above $76 would mark the first higher high since SOL began declining from its 2026 range.
Analysis: Real-World Usage Now Drives Sol More Than Speculation Solana’s rally stands out because it coincides with verifiable on-chain activity rather than purely speculative flows. Processing 96% of all tokenized equity trading gives the network a functional revenue stream through gas fees that did not exist in prior market cycles.
The $1.06 billion ETF milestone also signals institutional capital entering through regulated vehicles rather than spot exchanges alone.
This combination of real usage, institutional access and staking yield represents a structural shift from the memecoin-driven rallies that previously defined Solana price action. The risk is that tokenized stock volumes prove cyclical rather than durable, leaving SOL exposed if activity normalizes.
Macro Headwinds Persist Despite the rally, macroeconomic uncertainty continues to weigh on the broader crypto market. Bitcoin’s inability to reclaim $60,000 limits risk appetite across altcoins.
Fading confidence that the CLARITY Act will pass before the U.S. midterm elections adds regulatory uncertainty that could further pressure risk assets. Weaker support levels below $64 remain a concern if broader selling pressure returns across the sector.
What’s Next? Traders are focused on whether SOL can sustain a breakout above $80 resistance on continued volume. Ongoing tokenized asset activity and ETF inflows could support further upside, while a broader crypto selloff tied to legislative uncertainty would test the $64 support that held this week.
Survey: 88% of enterprises plan to adopt stablecoins within the next year, with cross-border payment costs reduced by an average of 35%.
Payment infrastructure company Cybrid has released a new survey report indicating stablecoins are rapidly gaining traction in enterprise payment scenarios. The survey found that 42% of participating enterprises already use stablecoins for cross-border payments, while 88% said they are likely or very likely to adopt stablecoins within the next 12 months—only 2% of firms stated they will continue to rely entirely on traditional payment systems. According to the report, enterprises using stablecoins save an average of 35% on cross-border payment costs, with firms processing over $100 million in monthly payments achieving an average cost reduction of 47%. Payroll and contractor payments represent the most prominent use case, followed by supplier payments, customer payments, investment and revenue management, and treasury management, among others. Additionally, 71% of respondents identified a clear regulatory framework as the primary factor driving further mainstream adoption of stablecoins, outranking considerations such as infrastructure provider credibility and system integration. The survey was conducted from April to May this year, covering 468 senior executives from tech, financial services, and e-commerce sectors in the United States, Canada, and the United Kingdom.
53 minutes ago
FalconX secures EU MiCA license, allowing it to offer compliant crypto services to institutional clients in Europe.
Institutional digital asset broker FalconX announced it has obtained the EU’s Markets in Crypto-Assets (MiCA) license issued by the Malta Financial Services Authority (MFSA), enabling it to provide compliant digital asset trading, custody, liquidity and related institutional services across the European Union (EU) and European Economic Area (EEA). FalconX stated that this license allows it to operate across EU member states under a unified regulatory framework, eliminating the need for individual country-specific licenses. Currently, the firm serves over 2,000 institutional clients worldwide, including asset management firms, hedge funds, banks and family offices, with cumulative transaction volumes exceeding $2.5 trillion and over $8 billion in institutional financing disbursed. FalconX noted that as the MiCA regulatory framework is fully implemented, institutional clients’ demand for compliant trading, custody and liquidity services continues to grow, and regulatory credentials are becoming a key competitive advantage in Europe’s digital asset market.
53 minutes ago
Guo Wengui sentenced to 30 years in prison in connection with a fraud case involving over $1 billion.
A US court has sentenced Miles Guo (also known as Ho Wan Kwok) to 30 years in prison. In 2024, a jury convicted Guo on multiple charges including racketeering, fraud, and money laundering, with his formal sentencing now issued. Prosecutors stated that Guo defrauded over $1 billion from global victims through a series of related scam schemes spanning five years. Notably, in 2021, he promoted the cryptocurrency project Himalaya Coin (H-Coin), claiming the tokens were backed by 20% gold reserves and promising to cover all investors’ losses, raising approximately $500 million in total. Additionally, the court previously ordered the forfeiture of nearly $900 million in Guo’s illegal proceeds, as well as his luxury mansion in New Jersey and multiple high-end vehicles. Guo had close ties to Steve Bannon, a former senior advisor to US President Donald Trump; Bannon was arrested in 2020 aboard Guo’s yacht.
53 minutes ago
The first-half 2026 funding rankings have been released, with Kalshi and Polymarket raising a combined $1.8 billion.
According to statistics, the 14 largest global funding rounds in the first half of 2026 raised a total of $4.3 billion, with prediction markets, AI, and payment sectors drawing the most investor interest. Specifically, prediction market platform Kalshi topped the list with a $1.2 billion funding round, while Polymarket secured $600 million—together, the two raised $1.8 billion, accounting for over 40% of the total capital of the top 14 rounds. In the AI space, Replit, Exa AI, and OpenRouter closed funding rounds of $400 million, $250 million, and $113 million respectively. For blockchain projects, Canton Network, Arc, and Morpho raised $355 million, $222 million, and $175 million respectively. Meanwhile, payment, RWA, infrastructure, and compliance projects including Rain, Slash, Goldcom, Alpaca, and Elliptic also featured on the list.
53 minutes ago
Open Standard launches stablecoin Open USD, with over 140 institutions including Visa, BlackRock, and Coinbase participating.
Open Standard has announced the launch of Open USD (OUSD), a new stablecoin for global fund flows, noting that over 140 enterprises have joined its ecosystem, including financial, payment, and crypto industry players such as Visa, Stripe, Mastercard, American Express, BlackRock, BNY, DBS, Coinbase, OKX, MetaMask, Aave, Ripple, Fireblocks, Solana, and Polygon. According to the introduction, Open USD follows three core design principles: supporting zero-cost, large-scale minting and redemption for enterprises; returning all reserve asset yields to partners after deducting a small management fee; and being governed by a board of directors composed of independent firm Open Standard and its partners, rather than controlled by a single issuer. Open Standard states that Open USD will officially launch later this year, with the goal of building an open, low-cost, high-throughput stablecoin infrastructure with a sharing economy mechanism to meet the needs of the internet economy and global enterprise-level payments.
53 minutes ago
Pump.fun is discontinuing support for its tokenized agent issuance feature, stating it will focus on optimizing retail user trading experience.
Pump.fun announced it will immediately cease support for its Tokenized Agent token issuance feature. The feature will no longer be available for new token launches, though projects that have already activated it will remain unaffected. The platform noted that over recent months, consistent community feedback has pointed out that excessive issuance options have sparked unnecessary user vs. user (PVP) competition. Moving forward, Pump.fun will prioritize issuance models and product features that explicitly enhance retail trading experiences.
What a quarter it has been, and not in a good way, for most of crypto. But as the second quarter of 2026 closes out, there is one major coin standing in the green while everything else finishes deep in the red, and it is Solana. SOL is trading at $74.02, up on the day, up 4.3% on the week, and genuinely outperforming the entire top of the market (live SOL price on CoinGecko). After months of pain, let me tell you why Solana is the bright spot worth celebrating, with eyes open.
Green in a sea of red Let’s appreciate how unusual this is. As the quarter ends, Bitcoin is below $60,000 and down 6% on the week. Ethereum is down 7%. XRP down 6%. BNB down 5.5%. And then there is Solana, up 4.3% on the week and climbing. Look at any market table right now and SOL’s green candle stands out against a wall of red.
Being the strongest major coin in a quarter this brutal is not a fluke. It reflects real momentum building in the Solana ecosystem while the rest of the market struggles. When one network pulls ahead this clearly during a downturn, it usually means something genuine is happening underneath, and in Solana’s case, it is.
What’s powering Solana’s strength So what is actually driving this? Several real, specific things are converging, and they are exciting.
Start with MoneyGram. The global payments giant recently became an active Solana validator and infrastructure partner, committing to run network infrastructure. That is not a passive bet, it is a major payments company building on Solana, exactly the kind of grown-up adoption that builds lasting value. Then there is the tokenized stock momentum: trading of real-world stocks represented on-chain has been fueling fresh activity across the Solana ecosystem, one of crypto’s most promising actual use cases. And Solana’s ecosystem tokens have been leading market rebounds, a sign capital is rotating toward networks people believe in.
Add the steady drumbeat of ETF flows. Solana’s spot ETFs launched with staking enabled, passing yield to investors, something Bitcoin and Ethereum ETFs cannot offer. In a market where money is fleeing non-yielding products, an ETF that actually pays a yield stands out, and Solana has drawn some of the only positive ETF flows among the majors.
The tech that keeps me bullish long-term Beyond the headlines, Solana’s fundamental upgrades keep marching forward, and this is the part that makes me a believer. Alpenglow, the biggest consensus overhaul in Solana’s history, is live on a test cluster, pushing toward dramatically faster transaction finality. And Firedancer, the new engine from Jump Crypto, keeps progressing with a careful, test-first rollout aimed at making the network faster and far more reliable.
These upgrades target the exact criticisms Solana used to face, speed and outages, and watching them come together while SOL leads the market is genuinely encouraging. The network has been handling over 1,100 transactions per second with millions of daily active wallets. The usage is real and growing.
Now the honest part I am fired up about Solana, but I owe you the balance. Being green this week does not make SOL bulletproof. It is still part of a crypto market that just had an ugly quarter, and if Bitcoin breaks hard toward $54,000 to $56,000, as some analysts warn is possible, Solana would very likely get dragged down with it. Relative strength is not immunity.
And Solana still leans partly on speculative activity like memecoin trading, which can dry up fast and pull network fees down with it. So enjoy this moment of strength, but keep your eyes open. The fundamentals are genuinely improving, but the macro storm has not fully cleared.
The levels worth watching On the downside, $70 is the first support, with the $66 to $67 zone beneath it as the floor that has held through recent dips. Staying above $70 keeps this leadership story alive. On the upside, a clear move above $78 would brighten things further, and reclaiming the $85 zone would be a real signal that a stronger recovery is taking hold.
Bringing it together Solana at $74 is the lone bright spot as a brutal quarter ends, the only major coin in the green, up 4.3% on the week while everything else bleeds. Between the MoneyGram validator news, surging tokenized stock activity, staking-enabled ETFs drawing flows, and the Alpenglow and Firedancer upgrades marching forward, SOL has real, specific reasons for its strength.
Just stay grounded. Solana is leading, not escaping, and a deeper Bitcoin drop would test it. But if you have been searching for a reason for optimism after a rough quarter, a coin that is genuinely outperforming with real adoption behind it is about as good as it gets. Watch $70 below and $78 above, and enjoy this rare patch of green.
FAQ What is the Solana price today?
Solana is trading at $74.02 on June 30, 2026, up on the day and 4.3% on the week, making it the only major coin in the green as a brutal quarter ends with Bitcoin below $60,000.
Why is Solana outperforming other coins?
Solana’s strength reflects real ecosystem momentum: the MoneyGram validator partnership, surging tokenized stock trading, staking-enabled spot ETFs drawing flows when non-yielding ETFs bleed, and steady progress on the Alpenglow and Firedancer upgrades.
What makes Solana’s ETF different?
Solana’s spot ETFs launched with staking enabled, passing validator rewards to shareholders. This yield component makes them more attractive than Bitcoin or Ethereum ETFs, which offer no staking return, especially as institutions pull money from non-yielding products.
What are the key Solana levels to watch?
Support is $70, with the $66 to $67 zone below it. Holding $70 keeps the leadership story alive. On the upside, a move above $78 and then the $85 zone would signal a stronger recovery.
Is Solana safe from the broader crash?
No. Solana is outperforming but still part of a weak market, and a deeper Bitcoin drop toward $54,000 to $56,000 would likely pull it lower. Its reliance on speculative activity is also a risk. Relative strength is not immunity. This is not investment advice.
This is not investment advice. Cryptocurrency is highly volatile. Always do your own research.
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Simeon is a detail-driven editor who sharpens every piece with clarity and precision, ensuring clean, consistent, and professional content throughout.
Circle just pulled a quarter-billion dollars worth of USDC off Ethereum and stamped out $910 million in fresh tokens on Solana. Think of it as moving cash between registers at a store, except the registers are blockchains and the cash is the second-largest stablecoin in crypto.
The net effect: a $660 million liquidity swing toward Solana.
How the burn-and-mint machine works Circle manages USDC supply through what it calls the Cross-Chain Transfer Protocol, or CCTP. The mechanics are straightforward: burn tokens on one chain, mint an equivalent amount on another. Every USDC in circulation is supposed to be backed 1:1 by cash and cash equivalents, so these operations don’t change the total supply. They just change where the tokens live.
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The $250 million Ethereum burn and $910 million Solana issuance fit a pattern that’s been accelerating throughout 2026. Earlier in June, Circle minted $1 billion USDC on Solana in a single day. Days before that, there was a $500 million Solana mint. The cumulative gross issuance on Solana has been approaching $57 billion for the year.
USDC’s total circulation sits at approximately $73.6 billion as of late June 2026. The stablecoin is now native on over 30 networks.
Why the migration matters The institutional angle has gotten more concrete this month. Circle expanded its partnership with BNY Mellon in June 2026, enabling direct mint and burn capabilities through the bank’s custody services. That means institutional clients can now create and destroy USDC without going through Circle’s standard pipeline.
What this means for investors For Solana, more USDC on the network means deeper liquidity pools, tighter spreads on decentralized exchanges, and more attractive conditions for both traders and protocol developers.
The BNY Mellon partnership adds another layer to consider. Institutional access to direct minting and burning means that large players can respond to market conditions faster than ever.
Tether’s USDT still dominates overall stablecoin market share, but USDC’s multi-chain expansion and emphasis on full reserve transparency have carved out a distinct institutional niche. The $73.6 billion in circulation represents significant ground gained.
The risk worth flagging: concentrated minting on any single chain creates dependency. If Solana experienced a significant outage or security event, having tens of billions of USDC sitting on the network would create redemption pressure that could test Circle’s operational capacity.
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The broader cryptocurrency market remains under pressure with Bitcoin (BTC) below $60,000 on Tuesday, while Solana (SOL), Zcash (ZEC) and Hyperliquid (HYPE) emerge as top performers over the last 24 hours. Retail sentiment remains bearish with the Fear and Greed Index around 17 on Tuesday, during early Asian hours, maintaining an “Extreme Fear” signal.
Fear and Greed Index. Source: CoinMarketCapBitcoin remains muted near $60,000Bitcoin edges below $60,000 at press time on Tuesday amid a broader bearish bias, with price waiting for the next catalyst for a directional push. The 50-day Exponential Moving Average (EMA) is at $66,698, and the 200-day EMA is at $77,512, reaffirming the prevailing downtrend.
BTC is also pinned just under the horizontal barrier at $60,000, while the earlier upward support trendline now acts as a broken structural reference near $74,131. That said, momentum is stabilizing on the daily chart as price consolidates near $60,000. The Moving Average Convergence Divergence (MACD) is turning marginally positive above its signal line, and the Relative Strength Index (RSI) is recovering toward 33, which hints at fading selling pressure but not yet a decisive shift in trend.
On the topside, immediate resistance appears at the $60,000 horizontal level, followed by the 50-day EMA at about $66,698, which reinforces the broader cap on recovery attempts. Above that, the prior trendline break area around $74,131 and the 200-day EMA near $77,512 mark deeper layers of overhead supply that would need to be reclaimed to weaken the prevailing bearish structure.
BTC/USDT daily price chart.Looking down, a slip below the June 25 low at $58,115 could drop BTC toward the $53,485 support level, marked by the July 5, 2024 low.
SOL, ZEC and HYPE post mild recovery gainsSolana is trading around $75 on Tuesday, following a 5% rebound the previous day. The recovery aligns with an inflow of $5.52 million into SOL-focused Exchange-Traded Funds (ETFs) on Monday, suggesting fresh institutional support this week.
SOL ETFs data. Source: SosovalueFrom a technical perspective, the 50-day and 200-day EMAs at around $75.23 and $98.03, respectively, reaffirm the capped long-term trend. A decisive push above the 50-day EMA around $75.23 could further extend gains toward the broader trend barrier at the 200-day EMA near $98.03.
Solana has bounced off recent lows, pushing the MACD and signal line higher toward the zero line, while the RSI at 55 crosses above the midline, hinting at a recovery phase. Yet these positive signals remain constrained by the overhead moving average structure.
SOL/USDT daily price chart.Zcash hovers around $400 on Tuesday, after an 8% rise on Monday, crossing above its 200-day EMA at $380. The privacy coin projects a possible double-bottom reversal from the 20-day EMA, near the 50% retracement level at $356, measured from the $184 to $690 upswing.
Momentum shows a decline in bearish pressure, with RSI at 42 indicating an uptick while the MACD prepares for a potential bullish crossover above its signal line.
If ZEC clears the 50-day EMA at $454, it could target the 78.6% Fibonacci retracement level at $520.
ZEC/USDT daily price chart.On the downside, immediate support is seen around $356, guarding the $300 round figure, followed by the 23.6% Fibonacci retracement level at $251.
Finally, Hyperliquid shows steady behavior around $66 on Tuesday, following a nearly 9% rebound from the 50-day EMA at $60.08 on Monday. Similar to SOL, the rebound in HYPE coincides with a $2.23 million inflow into US spot HYPE ETFs on Monday.
HYPE ETFs data. Source: SosovalueMomentum indicators on the daily chart suggest the broader uptrend is intact, with the RSI at 53 holding above the midline while the negative MACD histogram contracts, hinting at waning downside momentum.
The 78.6% Fibonacci retracement level at $66.22 serves as the immediate resistance, measured over the upswing from $38.17 to $76.93. A decisive close above this resistance zone could target the all-time high level of $76.93, followed by the 127.2% Fibonacci extension level at $93.08.
HYPE/USD daily price chart.Looking to the downside, the 50-day EMA at $60.08 emerges as immediate support, followed by the 50% retracement level at $54.19.
(The technical analysis of this story was written with the help of an AI tool.)
The battle for dominance in real asset tokenisation intensifies day by day. While Solana seemed untouchable thanks to its speed and minimal fees, its historical rival orchestrated a brilliant turnaround. By asserting itself in the segment of traditional company stocks transferred onto the blockchain, BNB Chain is completely reshuffling the DeFi cards. For some crypto analysts, this is just the beginning!
In brief BNB Chain officially surpasses Solana in total volume of tokenized stock transactions. More than 709 available assets: US stocks, ETFs and pre-IPO positions Tokenisation establishes itself as a major new competition axis between blockchains. The explosive growth of RWAs on BNB Chain The Binance blockchain announced it has crossed the $5.2 billion mark in cumulative volume of tokenized stocks. It thus surpasses Solana which shows about $4.5 billion. The market capitalization of tokenized stocks and ETFs on BNB Chain also now exceeds one billion dollars. The data report over 709 assets available on the ecosystem.
Ondo Global Markets dominates the chart. It alone represents $5.12 billion of Ondo’s $6 billion cumulative DEX volume, with more than 430 tokenized stocks and ETFs. bStocks offers BEP-20 tokens backed 1:1 by real US stocks held by a regulated custodian. Recently launched, xStocks already covers more than 50 US stocks with over 100 additional titles planned. According to experts, this massive acceleration of BNB Chain is largely explained by the deployment of key institutional infrastructures and strategic partnerships. This allows trading of Tech giants (such as Tesla or Apple) 24/7.
Another asset of BNB Chain in the tokenisation market: the diversity of its offer. Users do not access a single issuer, but multiple competing platforms. These offer their own versions of the same underlying asset.
The next frontier? The private tokenisation market Colb Finance has deployed over $60 million in pre-IPO tokenized positions on BNB Chain. It targets companies in the AI, space, and fintech sectors. Paimon Finance provides in turn tokenized exposure to SpaceX, Anthropic, and OpenAI.
That’s not all! On June 23, the only tokenized positions on SpaceX generated $6.5 million in volume in a single day.
BNB Chain’s value proposition rests on three points:
24/7 trading fees under 1 cent per transaction finality in 650 milliseconds In any case, BNB Chain’s current performance confirms that the blockchain battle is no longer limited to the crypto’s historical usages. As tokenisation gains ground, infrastructures able to attract issuers and investors could play a decisive role in the next phase of sector development. It remains to be seen if BNB Chain will keep this lead!
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Ariela R.
My name is Ariela, and I am 31 years old. I have been working in the field of web writing for 7 years now. I only discovered trading and cryptocurrency a few years ago, but it is a universe that greatly interests me. The topics covered on the platform allow me to learn more. A singer in my spare time, I also cultivate a great passion for music and reading (and animals!)
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Sen. Elizabeth Warren has cited a Wall Street Journal investigation into CoinEx as evidence that the Digital Asset Market Clarity Act would make illicit crypto finance worse, not better. The Solana Policy Institute's general counsel disagrees, and says the bill already contains the tools to address exactly that kind of problem.
The CoinEx Allegations at the Centre of the Debate The dispute traces back to a WSJ report, published June 25, that drew on blockchain intelligence from TRM Labs. TRM Labs traced $3.84 billion in flows from wallets linked to more than 60 sanctioned Iranian entities through CoinEx since 2019, identifying the exchange as the primary external conduit for Iran-linked capital moving into global crypto markets. Of that total, $2.7 billion flowed specifically between CoinEx and Nobitex, Iran's largest domestic exchange, at an average rate of approximately $1 million per day since 2018.
Blockchain analysis reveals the Seychelles-based exchange became a critical financial conduit for Iranian entities after Binance tightened controls. Seychelles-registered CoinEx rejected the report's findings, saying it has "never established any commercial relationship with Iranian government-related entities, Iranian domestic exchanges," or provided active assistance to sanctioned parties.
Warren used the report to argue that the CLARITY Act, as currently written, would create new loopholes rather than close existing ones. She has called for Congress to tighten illicit finance rules before advancing any broad crypto market structure legislation. Senate Democrats, led by Sen. Elizabeth Warren, have argued the bill's anti-money laundering provisions remain too weak.
Solana Institute: The Bill Already Has an Answer Patrick Wilson, General Counsel at the Solana Policy Institute, has been an active voice in the CLARITY Act debate. Wilson responded directly to Warren's framing, arguing that the WSJ report concerns sanctioned entities routing funds through an offshore exchange, and that the CLARITY Act already addresses that risk in detail. He pointed specifically to Sections 507 and 508 of the bill, which would require a Treasury-led international strategy and mandate annual reporting on sanctions gaps and high-risk jurisdictions.
His position is that Warren's critique conflates the actions of a non-compliant offshore exchange with a systemic failure of the proposed legislation. In Wilson's view, the CoinEx situation is precisely the kind of scenario the bill's sanctions provisions are designed to capture and deter.
The CLARITY Act cleared the Senate Banking Committee in May and has since been placed on the Senate Legislative Calendar, setting the stage for a potential floor vote later this summer. Whether the bill reaches a floor vote before the August recess remains uncertain, but the exchange between Warren and the Solana Policy Institute reflects a broader fault line in the debate: how to balance a workable regulatory framework for domestic crypto innovation against the enforcement tools needed to curb illicit activity flowing through offshore platforms.
Sources:
CoinEx Denies Claims It Served as $3.84 Billion Gateway to Sanctioned Iranian Crypto Firms (CoinDesk)
Iran Moved $3.84 Billion Through CoinEx to Bypass US Sanctions, WSJ Reports (Crypto Briefing)
The CLARITY Act Hits a Critical Juncture: Where Things Stand Going Into Senate Markup (Fortune)
Solana (SOL) dropped as low as $71.37 in the last 24 hours, paralleling a broader market correction led by Bitcoin. The price movement has prompted investors to focus closely on the $65 to $71 range, which is now viewed as a critical area for short-term support and resistance. This concentration suggests that many traders see these levels as pivotal for Solana’s next direction.
Key support zone attracts attentionOn-chain data reveals that more than 60 million SOL tokens have changed hands in the $65 to $71 range, making this band one of the strongest nearby support areas for Solana. Significant trading activity in such regions often serves as a defensive line, with many investors holding positions that can bolster the price during pullbacks.
Analyst Ali Charts has highlighted that over 60 million SOL were traded within the $65 to $71 range, underscoring this area as one of the most robust support zones. According to Ali, as long as this demand cluster is protected, Solana’s uptrend structure may not be fully compromised.
Should SOL remain above $70, the price may consolidate sideways before attempting to challenge resistance at $73. Conversely, a drop below $70 would draw attention to the $64 level as the next key support. If that level fails, the focus would likely shift to $53.10 as a potential short-term floor.
Mixed signals from technical indicatorsThe recent weakness is not the result of Solana-specific developments but rather reflects a wider crypto market downturn. During the same period, Bitcoin declined by 1.43%, while the total cryptocurrency market capitalization dropped by 1.18%, emphasizing Solana’s place among the more volatile digital assets.
The Fear and Greed Index currently stands at 16, indicating risk-averse sentiment. SOL is trading below its 30-day exponential moving average of approximately $72.48. While some technical indicators suggest weak momentum on daily charts, others show relative strength index (RSI) climbing to 51.60 and a positive crossover in the MACD. This divergence implies that while selling pressure may be easing, a decisive reversal will require stronger volume and closes above resistance levels.
World Xyz disclosure draws renewed interestA long-awaited announcement from World Xyz, a notable project within the Solana ecosystem, revealed its identity. The project previously made headlines by purchasing the “world xyz” domain for $80,000. Following this disclosure, SOL’s price rose 2.86% in a single day, reigniting attention around the initiative.
Mini glossary: x402 refers to a technical payment standard designed to allow software agents and applications to pay for services online. The tokenization of real-world assets means creating digital versions of traditional assets such as bonds, real estate, or funds on a blockchain.
Vibhu, a representative from the Solana Foundation, described World as an intent-focused consensus infrastructure built on the x402 protocol. The platform aims to provide a decentralized framework for the tokenization of real-world assets.
Analysts broaden their watch levelsSjuul, an analyst at AltCryptoGems, observed that while SOL has shown some strength on shorter-term charts, there is continued pressure on higher timeframes. According to Sjuul, a meaningful recovery would require reclaiming the $78 level to reestablish support.
Sjuul emphasized that although strength is visible in lower timeframes, broader challenges remain. The analyst believes that a sustained rebound would depend on $78 becoming a support level once more.
Other market analysts warn that losing the $65 to $75 zone could trigger renewed pressure toward the $50 to $55 area. In the second quarter, Solana’s trading volume reached $67 billion, while net outflows from SOL ETFs totaled $5.8 million in June. Meanwhile, a $15 million short position has raised market questions about whether the downturn could deepen further.
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.
Key Takeaways Bitcoin’s limited supply of 21 million coins and expanding institutional adoption make it the most stable long-term cryptocurrency investment. Ethereum maintains dominance in smart contract platforms, hosting the largest DeFi ecosystem and billions in stablecoin volume. Solana’s high-speed transactions and minimal fees have driven significant growth in stablecoin usage and decentralized applications. Chainlink serves as critical blockchain infrastructure, enabling smart contracts to access external data through its oracle network. Sui represents a high-potential mid-cap opportunity with advanced technology and expanding ecosystem adoption. Investors seeking sustainable cryptocurrency positions are being advised to prioritize fundamental strength over market volatility. A comprehensive analysis identifies five digital assets demonstrating robust adoption metrics, active development communities, and significant institutional backing.
Bitcoin (BTC) Bitcoin secures the top position as the premier long-term cryptocurrency investment. As the pioneering digital asset, its supply is permanently limited to 21 million units.
Bitcoin (BTC) Price The introduction of spot Bitcoin exchange-traded funds alongside increasing corporate treasury allocations has accelerated institutional participation significantly. Analysts characterize Bitcoin as delivering the most favorable risk-adjusted returns within the digital asset sector.
Ethereum (ETH) Ethereum serves as the backbone infrastructure for a substantial portion of the cryptocurrency marketplace. The platform hosts thousands of decentralized applications and commands the industry’s most extensive decentralized finance infrastructure.
Ethereum (ETH) Price Multi-billion dollar stablecoin operations execute primarily on Ethereum’s network. The platform is increasingly central to the tokenization of traditional financial assets.
While facing competition from emerging blockchain platforms, Ethereum consistently attracts developer talent at an unmatched rate. This sustained development activity represents a primary factor supporting its position as a compelling long-term asset.
Solana (SOL) Solana distinguishes itself through exceptional processing speeds and minimal transaction costs. These technical advantages have enabled the network to capture market share across DeFi protocols, non-fungible tokens, payment systems, and consumer-facing applications.
The blockchain has recorded substantial increases in both stablecoin transaction volume and decentralized exchange activity. Institutional capital allocation toward Solana has similarly accelerated, according to market data.
Chainlink (LINK) Chainlink operates within a distinct category compared to traditional blockchain platforms. Rather than processing transactions directly, it delivers essential infrastructure enabling smart contracts to interact with external information sources.
Its decentralized oracle network is considered fundamental to DeFi operations. The Cross-Chain Interoperability Protocol has gained particular traction among institutions exploring tokenized asset applications.
Sui Sui emerges as a compelling growth-oriented selection within the mid-capitalization segment. Built using the Move programming language, the platform prioritizes transaction throughput and network scalability.
The ecosystem has demonstrated expansion across gaming platforms, DeFi protocols, and mainstream consumer applications. While analysts acknowledge higher volatility compared to established cryptocurrencies, Sui presents substantial upside potential contingent on continued adoption.
Constructing a Balanced Crypto Portfolio The analysis proposes a strategic allocation framework for investors pursuing long-term positioning. The suggested distribution designates 35 percent to Bitcoin, 25 percent to Ethereum, 20 percent to Solana, 10 percent to Chainlink, and 10 percent to Sui.
This allocation strategy seeks to balance the stability characteristics of established cryptocurrencies with the expansion potential of emerging platforms. The framework acknowledges that no individual asset guarantees positive returns.
Each selected cryptocurrency addresses a distinct market function. Bitcoin provides store-of-value stability, Ethereum delivers smart contract infrastructure dominance, and Solana offers exposure to high-performance blockchain technology.
Chainlink furnishes the data connectivity layer between blockchain networks and external information sources. Sui provides access to an emerging high-performance network with accelerating growth metrics.
The analysis concludes by emphasizing that cryptocurrency investments inherently involve substantial risk and price fluctuation. Concentrating on assets demonstrating strong fundamental characteristics and tangible real-world applications may enhance long-term portfolio performance.
Bitcoin, Ethereum, Solana, Chainlink, and Sui represent the core components of this fundamentals-focused investment strategy for July 2026.
Crypto trader Ansem (@blknoiz06) is sitting on an estimated $75 million unrealised gain on the Solana memecoin $ANSEM, according to on-chain data published by blockchain analytics firm Arkham.
How the Position Built Up The Pump(.)fun account linked to Ansem, operating under the handle ansemconzimp, is up $73.8 million after being sent 65% of the supply of ANSEM. Even after distributing airdrops, he retains 58.7% of the supply.
Ansem airdropped roughly $7 million worth of ANSEM to Solana users between June 27 and June 29, in one of the largest influencer-driven token giveaways in recent memory. The stated goal is to grow the ANSEM holder base from approximately 25,000 wallets to 1 million.
The dominant version of the token, branded as "The Black Bull," launched on Pump(.)fun in mid-June 2026 and ran from a market cap in the tens of thousands to tens of millions of dollars within roughly 10 to 12 days. Over the past seven days, the token has gained more than 26,500%, outperforming the broader crypto market.
Concentrated Supply and Risk Flags Even after distributing $7 million worth of tokens, Ansem's wallet still controls a dominant share of the supply. A 60%-plus ownership stake in any token means one entity has the theoretical ability to crash the price at any moment.
According to Rugcheck(.)xyz, there is a risk of market manipulation due to the large concentration of tokens held in one or more unidentified wallets. In late 2024, blockchain investigator ZachXBT publicly questioned Ansem's practice of repeatedly highlighting low-cap memecoins, pointing to instances where tokens gained attention and later saw steep declines.
Redistributing earned fees back to the community rather than extracting and exiting has been received notably well, particularly in a memecoin environment where influencer-linked tokens frequently draw criticism for benefiting creators disproportionately at the expense of retail participants. Still, the sheer scale of the position means the supply dynamic remains a key risk for anyone entering the trade now.
Sources:
Crypto Briefing: Ansem airdrops $7M worth of ANSEM memecoin to Solana users
CoinGecko: The Black Bull (ANSEM) live price and market data
Crypto Times: Inside the ANSEM Memecoin Surge
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.
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Ansem has united Solana’s trenches, consolidating what was left of the memecoin economy into the fabled $100M runner.
Having roared to over $100M within 24 hours, $ANSEM has reminded the embattled memecoin trenches of the “1 $SOL and a dream” thesis, with several wallets netting extraordinary profits from small investments.
While Solana’s memecoin traders have flipped euphoric, some commentators argue that $ANSEM’s success is dragging the network back into its “celebrity coin” meta. Critics have questioned the motives and downstream effects of the $ANSEM run, which, in their words, has drawn liquidity and attention away from sustainable onchain businesses and does nothing to progress the industry.
$ANSEM: The Fabled $100M PvE Runner? One of crypto’s biggest traders has once again put his weight and influence behind a memecoin, sending $ANSEM, or ‘The Black Bull’ from a valuation of $183k to highs of $107M in 24 hours. The frenzy began after Clive_99, an onchain trader, suggested that Ansem launch a token on pump.fun, then use creator fees to airdrop to holders.
After recently calling the bottom on $SOL and encouraging Solana traders to “return to memes”, Ansem invited traders to follow his pump.fun account, from where he would airdrop followers using the coins that deployers would send him.
$ANSEM, or the ‘The Black Bull’, became one such token. Coined after Ansem himself, who historically backed Solana in the midst of the 2023 bear market and pushed $WIF to its all-time high of $4B, $ANSEM has attracted over $65M in 24 hour volume. Originally launched on June 16, Ansem’s pump account was given around 60% of the circulating supply.
For Solana’s devout memecoin traders, the $ANSEM run represents the allure of ‘trenches’ and the promise of ‘1 $SOL and a dream’.
Early buyers of the asset have netted hundreds of thousands in profits, finding themselves up significant amounts of money through harnessing the memetic value of speculation and attention.
At press time, $ANSEM currently trades at a fully diluted valuation of $96M, and is held in over 26,000 wallets.
Ansem Delivers the Liquidity Event Promised by pump.fun? Beyond garnering the support of one of crypto twitter’s biggest traders, $ANSEM’s success has been amplified by the mounting frustration directed towards pump.fun. After promising its users that an airdrop was coming “soon”, following its July 2025 TGE, pump.fun has so far failed to live up to its promise and reward Solana’s memecoin traders.
Leveraging his influence and good-standing among onchain traders, Ansem is using the token’s success to pressure pump.fun into completing their long awaited airdrop.
As promised, holders are reportedly receiving significant drops in both $ANSEM and newly launched betas, with onchain data suggesting millions has already been distributed.
Despite Ansem’s supposed frustration with pump.fun, $ANSEM’s explosive weekend has only driven traders back to the application in droves. Blockworks data indicates that PumpSwap daily trading volume climbed 89%, rising from $147.1M to $278.9M.
Meanwhile, Dune Analytics data suggest that over 1.4M wallets interacted with PumpSwap on Sunday, marking a new all-time high for the DEX.
Cynics and speculators have suggested that the launch is a coordinated effort to generate hype and momentum ahead of a genuine $PUMP airdrop.
$ANSEM Success Spawns Copycats Memecoin traders across the Solana Ecosystem have celebrated the $ANSEM run, prompting calls for a return to the fabled memecoin supercycle that put Solana on the map in 2024 and 2025.
Desperate not to let an opportunity slip them by, KOLs and trading influencers have attempted to recreate $ANSEM’s success, with dozens of onchain traders launching their own ‘airdrop meta’ equivalents.
While Solana’s memecoiners are overjoyed with the return of a $100M runner, voices across the crypto industry are lamenting the resurgence of speculative attention markets. Critics argue that $ANSEM has done nothing but draw liquidity and attention away from the real onchain businesses, and instead is simply cycling funds through existing users without successfully onboarding new capital into the onchain economy.
At press time, $ANSEM currently trades at a fully diluted valuation of $96M, and is held in over 26,000 wallets.
Read More on SolanaFloor Exploring the Solmate vs RockawayX Saga
Solmate Board Under Scrutiny Over Alleged $18M Dilution of Shareholder Value
Very Network has issued an urgent warning after a fraudulent $VERY token, falsely representing itself as the project’s official asset, appeared on a Solana-based decentralized exchange. The project team underlined that this token has no affiliation with Very Network and that the scammers are exploiting the network’s name to mislead users.
Official token only available on VeryChainIn a statement shared on X, the Very Network team clarified that the official $VERY token is not listed on any centralized or decentralized exchange. According to the announcement, the token currently exists solely on the project’s native blockchain, VeryChain. As a result, the team stressed that any $VERY tokens seen on networks other than Solana and VeryChain should be considered counterfeit.
The Very Network team stated that the token circulating on Solana is not official and accused an individual of stealing the VERY name. They urged users to avoid purchasing, trading, or connecting their wallets to any platforms associated with the fake asset.
To further spread its message, Very Network also published a Korean version of the warning targeting its international community. The project advised users to rely only on official announcements, blockchain explorers, and verified communication channels when seeking information.
Mini glossary: Proof of Authority is a consensus model in which validators are pre-selected. In a PoA system, network security is maintained by authorized validators rather than anonymous miners.
Fake tokens continue to target crypto usersCounterfeit tokens and imitation projects remain a persistent threat to cryptocurrency users, particularly those searching for newly launched assets or potential airdrop opportunities. This type of fraud is widespread in the market, with bad actors creating tokens that closely resemble legitimate projects and circulating them on popular decentralized platforms.
These scams are most frequently seen on blockchain networks where transaction fees are low and creating tokens is fast and cheap. Fraudulent assets can be created in minutes and, when mistaken for an official launch, may be bought by unsuspecting users. This exposes users to direct financial losses and to malicious systems designed to drain wallets.
Utility of the official token within the VeryChain ecosystemVery Network reiterated that the real $VERY token functions exclusively on VeryChain. VeryChain, an Ethereum-based blockchain, operates with Proof of Authority secured via Node NFT validators. The team explained that the token’s functions are limited to validator rewards, hackathon incentives, and ecosystem development processes.
The project team added that, at the time of the warning, $VERY was not officially listed on any external trading platform. They advised verifying any future listing claims through official channels only.
A similar scam-related warning was recently issued in the crypto market by Binance co-founder Yi He. Drawing attention to allegations of identity fraud involving Zhu Pan, Yi He warned users to remain cautious, while the derivatives platform CoinUp denied any association with the individual in question.
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’s price is making efforts to recover after a prolonged downward trend, buoyed by improved technical indicators and the recent unveiling of the World Xyz project within its ecosystem. While these factors have supported market sentiment, analysts stress that maintaining the crucial support zone between $65 and $75 will be vital to sustain any bullish expectations moving forward.
Support zone and key resistance levelsPreviously, SOL encountered selling pressure in the $245–$250 band, reinforcing its long-term bearish pattern and pulling the token back toward the primary support area of $65 to $75. Should this demand zone continue to hold, analysts foresee an initial upward reaction targeting the $145–$150 range.
If Solana decisively breaks above the $145–$150 resistance, it could confirm a stronger bullish momentum. This scenario increases the likelihood of a move toward the previous cycle high between $240 and $250. However, market experts note that rising trading volumes and daily closes above resistance are needed to confirm this upward trend.
IndicatorLevelSignificanceMain support$65–$75As long as this holds, recovery remains possibleFirst target$145–$150Initial key resistance zoneUpper target$240–$250Previous cycle peakRisk zone$50–$55To be watched if support breaksCryptocurrency analyst 0xNeena highlights that a clear break below the $65–$75 range could invalidate the recovery scenario and expose Solana to further declines down to the $50–$55 band.
According to 0xNeena, maintaining the $65–$75 support zone is crucial for a bullish outlook; losing this area would bring the $50–$55 range back into focus.
Signs of recovery in technical indicatorsMomentum data shows that selling pressure on Solana is beginning to wane, although a definitive trend reversal has yet to be confirmed. The Relative Strength Index (RSI) has climbed to 51.60, with its signal line at 45.95. Moving above the neutral 50 threshold suggests that buyers are gradually regaining influence.
Similarly, MACD indicators reflect a strengthening buy-side momentum. The MACD line stands at minus 1.06161, with its signal line at minus 1.74892 and a histogram reading of 0.68730. The increase in the histogram and a positive crossover point to growing bullish momentum, but analysts caution that more trading volume and sustained closes above resistance are needed to solidify the trend.
World Xyz announcement boosts ecosystem sentimentBeyond technical factors, developments in the Solana ecosystem have also lent support. The long-anticipated World Xyz project unveiled its structure after months of speculation, previously drawing attention by reportedly purchasing the world.xyz domain for $80,000.
The Solana Foundation, which spearheads ecosystem projects and infrastructure development, continues to play a leading role. Vibhu from the Foundation described World as an intent-centric consensus layer built on the x402 protocol, providing a decentralized framework for the tokenization of real-world assets.
Mini glossary: Tokenization means creating a digital representation of an asset on a blockchain. Tokenizing real-world assets involves converting financial or physical assets—such as real estate, bonds, or commodities—into digital tokens.
Vibhu explained that the World project delivers an intent-based consensus layer built on the x402 protocol, forming a decentralized foundation for the tokenization of real-world assets.
Following these announcements, SOL posted a 2.86% gain over the past 24 hours. Nevertheless, the broader direction of the crypto market remains closely linked to movements in Bitcoin. Sharp moves in Bitcoin, up or down, could significantly influence pricing across altcoins, including Solana.
In summary, analysts agree that the $65–$75 range remains a critical defense line for Solana. As the technical outlook improves and fresh projects fuel optimism, all eyes are on trading volumes and whether daily closes can secure above resistance zones. The path to higher targets remains open—so long as support holds and broader market conditions cooperate.
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.
For years, blockchain infrastructure has competed on one metric above almost everything else: performance. Faster block times, lower fees, and higher throughput have become the benchmarks by which networks are judged. Solana has excelled on those fronts, proving that high-performance blockchains can support everything from decentralized exchanges to payment applications and consumer-facing products.
As the ecosystem continues to mature, however, a different conversation is starting to take shape. Rather than asking how quickly transactions can be processed, developers and validators are beginning to ask whether transaction markets themselves are operating as efficiently as possible.
Much of the discussion centers around orderflow. Every pending transaction carries information that can influence trading strategies, arbitrage opportunities, and block construction. Access to that information has become increasingly valuable, yet it is not always distributed evenly across the ecosystem.
This has implications beyond traders. Validators rely on transaction fees and MEV-related revenue to strengthen their economics, developers need predictable infrastructure to build applications, and users ultimately benefit when transaction markets remain competitive rather than concentrated among a handful of participants.
Greater transparency could improve incentives across the board. Broader access to transaction flow encourages more searchers to compete, which can increase competition for blockspace while improving validator revenue. Instead of relying on private relationships or proprietary routing, market participants compete on execution quality and efficiency.
Some infrastructure projects are now building around that idea. Flowra is developing an Open Orderflow Auction that aims to create a more open marketplace for transaction flow while allowing validators to customize block construction through Programmable Block Policies. The objective is not simply to increase visibility, but to give validators more flexibility over how they participate in Solana’s transaction economy.
“We believe it is possible to achieve full transparency and auditability while also protecting the network from malicious MEV,” said Harry, CEO of Flowra. “At the same time, we recognize that MEV cannot be completely eliminated. It is a natural consequence of how blockchains operate, and attempts to suppress it entirely often push it into less visible forms rather than remove it. Not all MEV is harmful. Atomic arbitrage, liquidations, and back-run strategies often referred to as ‘ethical MEV’ play an important role in improving market efficiency and maintaining balance within the ecosystem.”
Whether this becomes the dominant direction for blockchain infrastructure remains to be seen. But the conversation itself reflects how the industry is evolving. Speed and scalability are no longer enough on their own. As institutional participation increases and blockchain networks become more economically significant, transparency is becoming a feature that developers, validators, and users are beginning to value just as highly.
That shift extends beyond transparency alone. “Network performance is increasingly becoming table stakes,” Harry said. “The next axis of competition is shifting toward who gives validators more meaningful choices and better economics.” Through Programmable Block Policy (PBP), Flowra aims to give validators greater autonomy over block composition, allowing them to define policies that align with their own operational, economic, or compliance requirements rather than simply acting as execution nodes.
Looking further ahead, Harry believes Solana’s own roadmap could make transparent orderflow infrastructure even more important. “The roadmap toward Multiple Concurrent Proposers means no single leader controls which block gets finalized, which naturally makes it harder to execute malicious MEV strategies at the protocol level,” he said. “But that architectural shift also raises a new question: in a world with multiple concurrent proposers, who coordinates orderflow across all of them?” In his view, “an open, standardized orderflow layer” becomes increasingly critical as transaction markets grow more sophisticated and institutional participation continues to expand.
The next phase of blockchain infrastructure may not be defined by who builds the fastest network, but by who builds the most open and competitive markets around it.
AUTHOR
Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
The cryptocurrency market is closing out June under significant pressure, as Bitcoin is headed for its weakest monthly performance in 4 years and U.S. spot Bitcoin ETFs posted their largest monthly net outflows on record. The combination of sustained institutional selling, declining prices, and cautious investor sentiment has marked one of the most challenging periods for the digital asset market.
Although several crypto assets also struggled, Solana stood out as one of the few major cryptocurrencies to post gains during the past 24 hours, supported by continued growth in tokenized equities and dApp activity.
Bitcoin Heads For Its Worst Month Since June 2022 Bitcoin has fallen about 18% in June, constantly flirting with the $60,000 level and putting the cryptocurrency on pace for its worst monthly performance since June 2022, when it declined 37%.
The weakness also extends beyond the monthly timeframe. Bitcoin is on track to finish the second quarter down about 10%, marking its third consecutive quarterly decline. The market has not experienced three straight losing quarters since 2022. Bitcoin has underperformed nearly every major asset class despite entering the year with strong expectations for continued institutional adoption.
Bitcoin ETFs record their largest monthly outflows Institutional demand weakened considerably throughout June. According to SoSoValue data, U.S spot Bitcoin ETFs recorded approximately $4.06 billion in net outflows during the month. That figure represents the largest monthly redemption since the funds began trading in January 2024, surpassing the previous monthly record of $3.56 billion set in February 2025.
The selling accelerated during the latest week, when investors withdrew about $1.79 billion from the funds. That marked the second-largest weekly outflow on record. The only larger weekly redemption occurred during the final week of February 2025, when investors pulled approximately $2.61 billion.
The trend extends beyond a single month. Bitcoin ETFs also recorded $2.43 billion in net outflows during May, bringing combined withdrawals over the past 2 months to nearly $6.5 billion.
For the first half of 2026, cumulative net ETF outflows have reached roughly $5 billion. The sustained reduction in institutional demand has coincided with Bitcoin's sharp price decline and has become a defining theme of the current market correction.
Strategy Introduces A New Capital Framework Amid falling crypto prices, Strategy unveiled a Digital Credit Capital Framework to boost financial flexibility while maintaining its long-term Bitcoin strategy.
The plan allows limited Bitcoin sales to fund dividends, build cash reserves, repurchase securities, and meet debt obligations. The company may sell up to $1.25 billion in Bitcoin and, with existing reserves, has about $3.8 billion available, which is enough to cover roughly 26 months of obligations.
Strategy raised its $STRC preferred dividend to 12% and approved buybacks for preferred shares and $MSTR stock. Its dedicated cash reserve stands at $2.55 billion, earmarked for dividends and interest, with at least 12 months of coverage expected.
Strategy chairman Michael Saylor ended the announcement post by saying, “Strategy expects to remain disciplined in its use of MSTR issuance, particularly when the stock trades at or near 1x mNAV.”
Strategy reported no new Bitcoin purchases, holding 847,363 $BTC acquired for $64.1 billion at an average of $75,651. In June, it added a net 3,625 $BTC and raised $1.15 billion through $MSTR share sales.
Solana Outperforms As Network Activity Remains Strong While the broader cryptocurrency market remained under pressure, Solana showed relative strength. The token rose more than 6% over the previous 24 hours and is currently trading above $75.
Network activity also continued to expand despite broader market weakness. Solana recorded its largest week ever for tokenized equities, generating a record $1.36 billion in trading volume while accounting for approximately 96% of all tokenized equity trading across blockchain networks.
At the same time, dApps built on Solana generated more than $20 million in revenue during the past week. That represented a 16-week high and reinforced the network's position as one of the most active blockchain ecosystems by onchain activity.
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@solana is registering its busiest stretch in months. Active addresses on the network climbed to 4.51 million since Saturday, the strongest reading since February, according to @SantimentData. The catalyst is not memecoins or a new token launch. It is tokenized stocks, with xStocks activity picking up sharply and $SOL's rebound above key levels drawing traders back into the ecosystem.
Record volumes in tokenized equity trading Equity trading on Solana broke records this week. Daily tokenized stock trading on Solana hit a $644 million all-time high on June 24, more than tripling the previous record of $187.9 million set just eight days earlier, the same day tokenized assets surpassed memecoins as a share of Solana spot DEX volume for the first time, with tokenized assets at 17% of spot volume against memecoins at 12%. Much of the surge was driven by specific TradFi catalysts: Backpack Securities and Sunrise launched SPCX, a 1:1 share-backed SpaceX token, on June 12, the same day SpaceX listed on Nasdaq, followed by tokenized Micron (MU) on June 22, timed to Micron's earnings release.
During the week of June 15 to June 21, Solana processed $1.298 billion in tokenized stock trades, representing 95% of the global total for that period. Cumulatively, tokenized stocks on Solana hit $4.9 billion in volume during the first half of 2026, a sixfold increase from the $775 million recorded in the second half of 2025. By June 23, cumulative transfer volume for tokenized stocks on the network had crossed $10 billion. Cross-chain, tokenized equity trading hit $5.3 billion in May 2026, a 44% month-on-month increase.
More than a memecoin replacement Analysts see this as more than a short-term volume spike. Solana is becoming a go-to chain for real trading activity, not just speculation. Tokenized stocks, DeFi usage, stablecoins, and retail-friendly apps are all giving users more reasons to interact on-chain. Solana's low transaction costs and high throughput make it well-suited for the small, frequent trades common among retail investors, with fractional ownership and around-the-clock trading offering access that conventional brokerage accounts do not.
The composition shift carries wider implications for the Solana ecosystem. For a network that built much of its reputation on speculative memecoin activity, the rise of tokenized stocks brings real-world assets and more stable value propositions to the chain. If the surge in active addresses holds into next week, it strengthens the case that $SOL's recent bounce has genuine network activity behind it, not just leverage.
Regulatory uncertainty remains the key overhang. Tokenized equities must comply with securities laws across different jurisdictions, and the rules governing how these products are issued, traded, and settled continue to evolve. xStocks products are not available to users in the US, Canada, UK, or Australia under current access rules. Whether the volume surge proves durable will depend as much on regulatory clarity as on network performance.
Sources:
Crypto Briefing: Solana tokenized stocks trading volume surges to $4.9B in H1 2026
Solana Compass: Tokenized Assets Flip Memecoins in Solana Spot Volume
Value The Markets: Solana Sets New Record in Tokenized Stocks Trading Volume
Solana RWA distributed asset value climbed to $3.03B after posting a 13.2% increase over 30 days. Monthly RWA transfer volume surged 120.5% to $8.53B, marking the fastest-growing network metric. RWA holders reached 290,481 after growing 24.4% in one month, showing wider ecosystem participation. Solana stablecoin market cap rose to $15.77B, supporting liquidity across the expanding RWA market. Solana’s real-world asset market continues to expand as fresh on-chain data points to stronger activity across tokenized assets.
The latest figures show higher asset values, growing participation, and a sharp rise in transfer volume. Stablecoins also remain a major source of liquidity across the network. The new metrics highlight steady growth across multiple parts of the Solana ecosystem.
Solana RWA Ecosystem Records Higher Asset Value and User Growth Data shared by Everstake shows the Solana RWA ecosystem reached $3.03 billion in distributed asset value. That marks a 13.2% increase over the past 30 days.
❗@solana's RWA ecosystem is reaching a whole new level.
Every month, the numbers get bigger.
And more importantly, they show that real-world assets are becoming an increasingly important part of the Solana ecosystem.
• $3.03B in distributed asset value, up 13.2% over the… pic.twitter.com/vpyj2eJowj
— Everstake (@everstake_pool) June 29, 2026
The same dataset shows the number of RWA holders climbed to 290,481. Monthly holder growth reached 24.4%, indicating broader participation in tokenized assets.
Transfer activity expanded even faster. Solana recorded $8.53 billion in 30-day RWA transfer volume, representing a 120.5% increase from the previous month.
Everstake highlighted transfer volume as the strongest metric during the latest reporting period. The figures suggest assets moved across the network at a much faster pace than before.
The platform also reported 2,115 tokenized real-world assets operating on Solana. Represented asset value stood at $125.86 million during the same period.
Stablecoins Continue Powering Solana RWA Market Activity Stablecoins remained the largest segment supporting the Solana RWA market. Network data placed the total stablecoin market capitalization at $15.77 billion, up 3.43% over 30 days.
Stablecoin transfer volume reached $487.08 billion during the month. Activity increased 3.59%, even as stablecoin holders declined 7.77% to 10.95 million.
The league table published alongside the data ranked Circle as the largest platform by asset value. Circle accounted for approximately $7.1 billion across three supported asset classes.
Tether Holdings followed with roughly $3.8 billion, while Paxos ranked third at $1.4 billion. BitGo, Securitize, Anchorage Digital Bank, Ethena, Ctrl Alt, Solstice, and Ondo completed the top ten.
Among individual assets, USDC remained the largest tokenized product on Solana with nearly $6.97 billion in distributed value. USDT followed at about $3.77 billion, while BitGo’s USD1 exceeded the $1 billion mark.
Other leading products included Anchorage Digital Bank’s USDGO, Paxos-issued PYUSD, and Securitize’s BlackRock USD Institutional Digital Liquidity Fund.
According to Everstake’s published figures and the accompanying Solana RWA dashboard, stablecoins continue to dominate network value while tokenized treasuries, private equity, and corporate credit products steadily expand their presence.
Phantom has shifted the infrastructure supporting prediction markets in its crypto wallet, replacing its previous Kalshi based system with World for positions opened from June 1.
The change moves new markets to a noncustodial protocol that routes orders to liquidity providers on Solana. Payouts are redeemed automatically when an event ends, removing the separate settlement trade required under Phantom’s earlier setup.
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Positions opened before June 1 remain tied to Kalshi through DFlow. Users holding those contracts must exchange expired outcome tokens for the stablecoin used to open the position, with the final quote potentially affected by market conditions and settlement data.
The transition also changes the external systems used to determine results. Older markets depend on Kalshi data processed through DFlow, while new positions may rely on oracles including Chainlink.
Phantom warned that delayed feeds, incorrect information or indexing failures could still affect market resolution and lead to financial losses.
The wallet said it does not take custody of user funds, operate as the counterparty to trades or maintain a house edge. Transactions take place between users, while each market follows its own resolution rules.
The updated disclosures also prohibit users from trading contracts when they possess material nonpublic information or have a direct conflict related to the outcome.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Manuel Neuer has called time on his international career. The 40-year-old German goalkeeper confirmed his retirement following Germany’s exit from the 2026 FIFA World Cup, closing the book on one of the most decorated goalkeeping careers in the sport’s history.
And because this is 2026, someone naturally launched a meme token about it.
A career that redefined goalkeeping Neuer’s departure from the international stage caps a run of 124 caps for Germany. His fifth World Cup appearance made him the oldest player ever to represent Germany at a major tournament, surpassing a record previously held by Lothar Matthäus, who set the mark at Euro 2000.
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Neuer had initially stepped away from the national team after Euro 2024. But the pull of a home-region World Cup, co-hosted by the US, Mexico, and Canada, proved too strong. He reversed course and made himself available for what became his final international tournament.
The defining chapter remains 2014. Neuer was instrumental in Germany’s World Cup triumph that year, earning the Golden Glove award as the tournament’s best goalkeeper. His sweeper-keeper style, where he operated almost as an extra outfield player, fundamentally changed how coaches and fans thought about the position.
The meme token nobody asked for Around the time the 2026 World Cup kicked off in mid-June, a meme token called NEUER launched on the Solana blockchain. It bears no official connection to Manuel Neuer, the German Football Association, FIFA, or any other recognized entity in the sport.
The 2026 World Cup, with its expanded 48-team format, provided fertile ground for exactly this kind of project.
What this means for crypto investors Crypto platforms like Bitvavo and Bitpanda have been inking sponsorship deals with German football organizations, signaling that the industry sees European sports fans as a valuable demographic.
For investors evaluating the NEUER token specifically, the calculus is straightforward. No official backing, no disclosed utility, and a catalyst — Neuer’s retirement — that has now fully played out.
Neuer himself has made no public statements about the token bearing his name.
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.
Polygon establishes itself in the race for stablecoin payments. The network processed about 79.25 billion dollars in May, across nearly 198 million transactions. An activity that allows it to overtake Solana and BNB Chain in the number of transfers.
In brief Polygon processed nearly 79.25 billion dollars in stablecoins in May. The network dominated the market with about 198 million transactions. The increase in activity has not yet translated into a recovery in the POL token. Stablecoins propel Polygon to the top May 2026 marks the second-best month in Polygon’s history for stablecoins. The network processed nearly 80 billion dollars, confirming its turn towards payments. Polygon mainly claims first place in the number of transactions. The 198 million operations recorded during the month allow it to surpass other major blockchains on this indicator.
This distinction remains important. A network can show a high volume with a few massive institutional transfers. Polygon, on the contrary, shows a very fragmented activity, composed of a large number of operations of different sizes. The cumulative volume of stablecoin transfers on Polygon now exceeds 2.4 trillion dollars. USDC and USDT still concentrate most of this activity.
Polygon puts forward a simple argument: cost. A transaction on the network would cost on average about 0.002 dollar. Its settlement occurs in nearly two seconds. These characteristics make stablecoins more suitable for daily payments. A user can send a few dollars without losing a significant part of the amount in network fees.
This efficiency also interests businesses. Classic cross-border payments sometimes pass through several intermediary banks. The transfer can take several days and accumulate unpredictable fees. Polygon seeks to replace this complex chain with a direct settlement on the blockchain. Visa has moreover added the network to its stablecoin settlement program.
The network claims to have processed more than seven billion transactions since its launch, with availability close to 99.99%. These figures reinforce its message to companies that demand a stable infrastructure.
Polygon transforms its strategy around stablecoins This progression did not happen by chance. Polygon Labs has refocused a large part of its strategy on payments and stablecoins, at the expense of a positioning solely focused on DeFi or NFTs. The company has invested in Coinme and Sequence to strengthen its infrastructure. Coinme facilitates entries and exits between traditional currencies and digital assets. Sequence provides wallet and interoperability tools.
Polygon is also developing its Open Money Stack. This infrastructure aims to bring together payments, wallets, compliance, and cross-blockchain transfers within a single environment.
Latin America occupies an important place in this offensive. Polygon reportedly processed about 309 million dollars of Latin American stablecoins in May. Tokens indexed to the Brazilian real or the Colombian peso meet local needs that USDT does not always cover.
In economies marked by inflation or costly bank transfers, stablecoins become more than just a trading tool. They are used to pay, save, receive a salary, or transfer money between countries.
Activity explodes, but POL token remains aside The growth of stablecoins does not yet clearly benefit the price of the POL crypto. Polygon’s native token remains under pressure despite the increase in transactions and the network’s repositioning. This discrepancy shows that using a blockchain does not automatically guarantee an increase in its token. Users can transfer USDC or USDT while only keeping a minimal amount of POL to pay fees.
Polygon also faces strong competition. Ethereum and Tron still host the largest stablecoin reserves. Solana, on its side, attracts high-throughput applications, traders, and services aimed at artificial intelligence agents. The real test will therefore be over time. Polygon will have to maintain its lead in the number of transactions and attract more companies. It will also have to turn this activity into sustainable revenue for its ecosystem.
The 79.25 billion dollars processed in May nevertheless marks a milestone. Stablecoins are gradually leaving trading platforms to become a payment infrastructure. Polygon takes a lead, but Solana is already preparing the next battle with automated payments.
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Evans S.
Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Hedge funds set an all-time record for the scale of US information technology stocks they sold over the past week.
According to Goldman Sachs data, hedge funds sold the largest amount of U.S. information technology stocks in the week ending June 25 since records began in 2016. This figure even surpasses the level seen in August 2024, when the Nasdaq 100 index fell more than 10% to enter correction territory. Meanwhile, the share of Magnificent 7 stocks in total U.S. hedge fund exposure dropped to 14.5%, near a three-year low. This percentage has declined by 7 percentage points since the start of 2026, marking the largest six-month drop since the 2022 bear market. The above data shows that hedge funds are cutting their exposure to U.S. tech stocks.
4 minutes ago
Trump’s son-in-law and special envoy will travel to Doha today to hold negotiations with Iran.
According to an Axios reporter, U.S. envoy Witkoff and Trump senior advisor Kushner will travel to Doha today, meeting Qatar’s prime minister and other officials on Tuesday to discuss negotiations with Iran. On Wednesday, technical teams from the U.S. and Iran will hold separate meetings with Qatari and Pakistani mediators respectively.
4 minutes ago
Is Institutional Quarterly Rebalancing Triggering Persistent Weakness in US AI Stocks? A Quick Look at the Breakdown of $165 Billion in Sell-Off Pressure
Multiple analysts have recently warned that US equities will face $165 billion in selling pressure from large institutions by the end of June, driven by quarterly rebalancing requirements. According to JPMorgan’s analysis, the selling pressure mainly comes from five major institutional pools: - US fixed-income pension funds, which manage roughly $9.6 trillion in assets, are expected to contribute around $55 billion in stock sales, as their rebalancing discipline is relatively loose and typically only partial rebalancing is implemented. - Japan’s Government Pension Investment Fund (GPIF), with approximately $1.9 trillion in assets under management, is projected to sell around $60 billion in global stocks while buying bonds. - Norway’s sovereign wealth fund, managing about $2.1 trillion in assets, is expected to sell roughly $40 billion in stocks to align with its target allocation by the end of 2025. - The Swiss National Bank (SNB), whose equity weighting has risen, is expected to sell around $25 billion, a figure that could decrease if it raises its target equity weighting. - Balanced mutual funds, with around $4 trillion in assets, due to their stricter monthly rebalancing rules, may post small net stock purchases (about $15 billion) this month, partially offsetting the aforementioned selling pressure. Per past public records, institutional selling pressure is likely concentrated in the final days of the quarter, with some funds executing trades ahead of market close, leading to notable selling pressure at the end of trading sessions. BlockBeats Note: Quarterly rebalancing is primarily driven by institutions’ clear policy asset allocation targets, such as 60% stocks and 40% bonds. After a sharp rally in stocks during the quarter, the equity weighting will exceed the target, triggering a rebalancing signal. Therefore, recently surging AI-related US equities will be the first to face divestment from these institutions.
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Morgan Stanley analysts warn semiconductor sector may peak temporarily.
Morgan Stanley’s strategy team led by Mike Wilson warns investors to significantly raise their stock-picking standards amid the current market correction. Wilson notes the ongoing rally has room to extend, driven by “the market severely underestimating the strength of broad-based earnings recovery”. Against the backdrop of falling oil prices and the Federal Reserve likely being less hawkish than current market pricing, he favors consumer discretionary, transportation, and regional bank sectors. Another key concern for Wilson is the recent sharp volatility in the semiconductor sector, which has made it far harder for the market to maintain historically high allocation positions. The Philadelphia Semiconductor Index (SOX) is a prime example: it surged 7.3% in the week of June 15, then plunged 7.9% the following week. He also offers a cautionary analogy for bulls: semiconductors could be another sector this year to have completed a full boom-bust cycle, with a trajectory similar to the silver sector, just four months behind silver in timing. “If rally broadening is a sustainable main trend, then the current upward momentum in the semiconductor sector will likely hit a temporary peak. Judging by the market’s rhythm, this inflection point seems to be arriving as scheduled. This does not mean the semiconductor industry cycle is completely over, but the lack of near-term upside momentum in this sector will leave room for excess returns in other market segments; sectors like consumer discretionary and transportation will stage a temporary rally supported by their own relative positives.”
4 minutes ago
AI-themed US stocks see another deep correction, with most star stocks declining more than 5%.
According to Bitget market data, US stocks turned from gains to losses after opening, with the Nasdaq 100 index falling. The Philadelphia Semiconductor Index extended its decline to 2.5%, with Micron Technology and Arm dropping over 8%, Intel down 7%, Marvell Technology slipping more than 5%, and Nvidia falling 0.7%.
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Bitdeer signs conditional lease agreement for Norwegian AI data center, expected to take effect within a month.
Bitdeer announced that its wholly-owned subsidiary Tydal Data Center AS has signed a cabinet hosting lease agreement for the Tydal AI data center in Norway. The agreement remains subject to relevant preconditions of the customer and supplier, and is expected to officially take effect within one month. Bitdeer stated that it will disclose details including the customer’s identity, leasing capacity, term, and financial impact after the agreement comes into force.
A Solana memecoin bearing the name of well-known crypto influencer Ansem briefly reached a market capitalisation of more than $120 million, yet the wallet that originally deployed the token walked away with a realized profit of just $5,500, according to on-chain analytics platform Lookonchain.
A $6,300 Bet That Barely Paid Off According to Lookonchain data, the deployer spent $6,300 to launch the token and acquired a large initial position in $ANSEM. The wallet subsequently transferred 650 million tokens to Ansem and sold the remaining 142.45 million tokens for $11,800, producing a net profit of only $5,500. For a token that reached a nine-figure valuation, the deployer's realized return is a sharp illustration of the gap between a token's market cap and what the people closest to it actually pocket.
The token gained traction after Ansem publicly criticized Solana token launchpad pump(.)fun over its handling of user rewards, stating he would deliver a financial "stimulus" directly to retail traders. The narrative quickly spread across crypto social media, triggering a wave of speculative buying. The market capitalisation briefly surpassed $120 million, setting a new all-time high, with a 24-hour increase of roughly 9.7 times and trading volume of $88.2 million.
Ansem Holds 60.4% of Supply With Paper Gains Above 80,000% While the deployer's realized profit was modest, the picture looks very different for Ansem himself. GMGN data shows that Ansem holds the number one developer address for the token, with his wallet controlling approximately 604 million $ANSEM tokens, accounting for 60.4% of total supply. His unrealized return rate stands above 80,000%, per GMGN data, reflecting the difference between his average entry cost and current market prices.
One early trader purchased 14.2 million ANSEM tokens for approximately $2,330, then sold 4.2 million for $68,100 while continuing to hold 10 million tokens worth about $548,800, pushing total profit to roughly $614,500.
The episode underlines a dynamic common in Solana memecoin markets: concentrated supply at launch, social media-driven price moves, and a wide divergence between realized and unrealized gains. Given the extreme volatility inherent to this category of asset, and the documented existence of multiple $ANSEM contract versions, careful verification and disciplined risk management remain essential for anyone considering involvement.
Sources:
How Crypto Turned $2K Into Over $600K in Hours (Finbold)
Solana Meme Coin ANSEM Surges 115x in 24 Hours (KuCoin)
Solana (SOL) is attempting to build on its recovery, trading above $71 on Monday after a modest loss in the previous week. Improving derivatives sentiment and strengthening on-chain activity back the rebound thesis for SOL. However, traders should remain cautious, as persistent outflows from spot Solana Exchange-Traded Funds (ETFs) suggest that institutional demand has yet to recover fully, potentially capping upside.
Derivatives metrics support a positive biasDerivatives data for Solana shows improving sentiment. CoinGlass funding rate for SOL turned positive on Thursday, reading 0.0073% on Monday, indicating that longs are paying shorts and suggesting bullish sentiment.
Solana funding rates chart. Source: SoSoValueIn addition, the long-to-short ratio improved to 1.06 on Monday, flipping to the positive territory. A ratio above 1 indicates bullish sentiment, as traders bet that asset prices will rally.
SOL long-to-short ratio chart. Source: CoinglassSolana leads all blockchains in app revenue, surpassing Hyperliquid and EthereumThe chart below shows that Solana is the top chain by app revenue, leading on the day with $2.17 million, the week with $19.01 million, and the month with $85.5 million, outpacing Hyperliquid (HYPE), Ethereum (ETH) and every other network. This indicates that Solana's ecosystem continues to generate strong economic activity and user engagement, highlighting investors' confidence and supporting the case for a sustained recovery in SOL.
Some signs of concernDespite improving sentiment, institutional demand showed signs of weakness in the previous week. SoSoValue data shows that SOL’s spot ETFs recorded an outlook of $3.80 million last week. If this outflow trend continues and intensifies this week, SOL price could see a price correction.
Total SOL ETF net inflow chart. Source: SoSoValueSolana Price Forecast: Fading bearish strengthSolana trades at $71.82 on Monday, extending its slight recovery from the previous day. However, SOL is maintaining a capped bias, as it remains below the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs) at $75.14, $81.97, and $97.36, respectively.
Overhead, a dense technical band is forming, with the 38.2% Fibonacci retracement of the latest swing at $74.75 just ahead of the 50-day EMA, while the Relative Strength Index (RSI) is around 50 and a positive Moving Average Convergence Divergence (MACD) hints at stabilizing, yet not decisive, bullish momentum.
On the topside, initial resistance is located at $74.75, reinforced by the 50-day EMA at $75.14 and the horizontal barrier at $77.07, before the 50% retracement at $79.27 and the 100-day EMA at $81.98 open the way toward $83.79.
On the downside, immediate support emerges at the 23.6% Fibonacci level at $69.16, with the broader structural floor aligning near the cycle low anchor at $60.13.
(The technical analysis of this story was written with the help of an AI tool.)
Solana’s decentralized exchange ecosystem just quietly did something that would have sounded absurd two years ago. It out-traded some of the biggest centralized exchanges on the planet.
During the week of June 12-18, Solana DEXs processed $7.19 billion in spot trading volume. That figure placed the network ahead of Coinbase, which handled roughly $6.39 billion, and Kraken, which came in around $4.37 billion. The only centralized venues that stayed ahead were Binance at $34.39 billion and Bybit at $9.47 billion.
The numbers behind the surge Solana’s cumulative DEX volume for 2025 hit $1.6 trillion, capturing roughly 11.92% of the global market. That makes it the second-largest DEX market worldwide, trailing only Binance’s broader ecosystem.
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On one Thursday in mid-June, Solana’s DEX volume reportedly surpassed that of the New York Stock Exchange.
The platforms driving this activity are familiar names in the Solana ecosystem. Jupiter, the dominant aggregator that routes trades across multiple liquidity sources, sits at the center. Raydium, Orca, and Meteora handle large chunks of the direct trading volume.
What’s fueling the fire Memecoins deserve a lot of the credit, or blame, depending on your perspective. Solana has become the default launchpad for speculative token trading. The network’s low fees and fast confirmation times make it ideal for the kind of rapid-fire trading that memecoins attract.
Stablecoin pairs have become a significant portion of Solana’s DEX activity. DePIN projects, which tokenize physical infrastructure networks, have also contributed meaningful trading volume.
Throughout 2025 and into 2026, Solana has competed closely with Ethereum in DEX volume metrics.
What this means for investors Coinbase and Kraken generate revenue primarily through trading fees. When volume migrates to decentralized venues, those revenue streams face direct pressure.
Investors watching this space should pay attention to a few key risks. Solana’s network has a history of outages, though reliability has improved significantly. Regulatory scrutiny of DEX platforms is intensifying globally. There’s also concentration risk: Jupiter handles a disproportionate share of routing, which means a single protocol failure could cascade across the ecosystem.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Key Takeaways SOL currently trades around $70.67, testing a critical descending resistance line Breaking above $80 could unlock immediate price targets between $90 and $95 Solana’s tokenized equity trading volume reached an all-time daily high of $553 million Crypto analyst Michaël van de Poppe projects $120–$130 as achievable in the third or fourth quarter of 2026 Technical chart formations indicate a potential climb toward $500 if critical resistance zones are breached Solana is currently changing hands around $70.67 as of June 29, 2026, experiencing a 1.82% decline over the previous 24-hour period. The digital asset maintains its position above the crucial $70 support threshold, though buyers haven’t yet delivered confirmation of a sustained upward reversal.
Solana (SOL) Price Market participants are closely monitoring the $72–$75 price corridor. This range represents where a downward-sloping resistance line currently resides, and bullish traders must recapture this territory before any substantial upward movement can materialize.
Should SOL successfully pierce above $75, attention will shift to the $80 level. This represents the primary confirmation threshold that market observers are tracking.
A decisive daily close beyond $80 would tilt near-term price momentum in favor of buyers and establish $90 and $95 as realistic upside objectives. The $90 region aligns with clearly defined upside liquidity clusters visible on trading charts.
Conversely, failure to maintain the $70 floor could send prices tumbling toward the $65–$60 range. A more severe decline would potentially retest the $50 liquidity zone.
Trading strategist Michaël van de Poppe shared his perspective on X, suggesting SOL appears positioned to reclaim its previous trading range. He indicated that if this range recapture occurs, momentum is unlikely to stall at those levels, characterizing a successful range flip as a straightforward buying signal. Van de Poppe outlined $120–$130 as achievable price objectives during the third or fourth quarter of the current year.
$SOL looks like it wants to break back in the range.
If that happens, it's very likely not going to stall there.
The flip is an easy buy opportunity for me, but overall, I think that the markets are looking to get more upside momentum and I would expect $120-130 as a potential… pic.twitter.com/Ihwj0M9tDs
— Michaël van de Poppe (@CryptoMichNL) June 28, 2026
On-Chain Metrics Show Strength Tokenized stock trading on Solana established a new single-day volume benchmark at $553 million. Market analyst Whale Factor highlighted how Solana’s blockchain applications are diversifying beyond speculative meme tokens and conventional cryptocurrency exchanges.
The real-world asset ecosystem operating on Solana currently commands $3.18 billion in aggregate value across more than 291,000 individual holders, positioning it as the leading blockchain platform measured by RWA participant count.
Application-generated revenue on Solana totaled $19 million during the previous week and $85 million throughout the past month. Decentralized exchange spot trading volume registered $12.3 billion over the seven-day period.
Technical Formations Signal Potential Chart analyst JAVONMARKS identified a cup and handle configuration on the 12-day timeframe. A decisive move above the $260–$280 resistance band accompanied by robust trading volume would confirm this pattern, establishing an upside objective exceeding $500.
Market commentator Crypto Patel has outlined a longer-horizon strategy involving Solana accumulation within the $40–$60 price window with ultimate targets at $500 and $1,000. He drew parallels between the current price correction and the 2022–2023 market bottom that preceded the subsequent 2023–2024 bull run.
An additional falling wedge technical structure remains in play across the broader timeframe, projecting a long-range target near $233 if SOL ultimately breaks free from this formation.
The daily chart still requires a closing price above the descending trendline to validate the optimistic scenario. The weekly MACD indicator has not yet generated a bullish crossover signal, according to technical analyst Dami-Defi.
SOL most recently traded at $71.44, registering a 0.43% decrease over the past 24 hours, based on Brave New Coin market data.
Solana was trading at approximately $70.67 on June 29, 2026, a 1.82 percent decline in the last 24 hours. Despite this drop, the cryptocurrency managed to stay above the crucial $70 support level. However, analysts note that buyers have yet to generate a decisive signal indicating a sustained trend reversal.
The $72 to $75 zone marks the first resistanceMarket watchers are closely monitoring the $72 to $75 range, which stands out as the descending resistance area. For Solana to kick off a more significant upward move, the price must reclaim this zone convincingly.
If SOL surpasses the $75 level, the focus will swiftly shift to the $80 mark. According to analysts, in the short term, a daily close above $80 is the key validation point for a continued rally. Should this confirmation be achieved, near-term targets around $90 and $95 could come into play—levels that align with upward liquidity clusters visible on the charts.
LevelSignificance$70Key short term support$72 to $75Downward sloping resistance zone$80Validation threshold for breakout$90 to $95Potential near term targets$65 to $60Support zone in case of breakdownIf the $70 support fails, the price may retreat into the $65 to $60 range, with the possibility of testing liquidity around $50 should selling pressure intensify.
Crypto analyst Michaël van de Poppe believes Solana appears poised to reclaim its previous trading range, arguing that if this scenario plays out, bullish momentum could extend well beyond current levels.
Known for his technical insights in the crypto market, Michaël van de Poppe projects that Solana could reach the $120 to $130 range in the third or fourth quarter. He sees a return to the old trading band as a strong buy indicator for SOL.
On chain data puts volume in the spotlightTokenized equity transactions on the Solana network reached $553 million in daily volume, setting a new record. Market observer Whale Factor emphasized that this number proves Solana’s ecosystem extends far beyond just meme coin and traditional crypto trading activities.
Solana’s total ecosystem in real world assets has climbed to $3.18 billion according to available data. With more than 291,000 active investors in this space, Solana ranks among the leading blockchains by participant count.
Over the past week, protocol-generated revenue from applications built on the network reached $19 million, with a monthly total of $85 million. Decentralized exchange spot trading volume hit $12.3 billion over just seven days.
Technical outlook: higher targets on the radarChart analyst JAVONMARKS has detected a “cup and handle” pattern in the 12 day timeframe. For this bullish setup to be confirmed, SOL must break through the $260 to $280 resistance area with high volume—a move that could conceivably set $500 as the next technical target.
A falling wedge pattern is also being monitored in the broader timeframe. Breaking upwards from this formation could point toward a long term projection of roughly $233. Meanwhile, analysts stress that on the daily chart, a close above the descending trendline would further reinforce the bullish case. Technical analyst Dami-Defi notes, however, that the weekly MACD indicator has yet to signal a clear bullish crossover.
According to Crypto Patel, as long as accumulation around the $40 to $60 range holds, targets as high as $500 and even $1,000 could be possible in a longer term strategy.
Brave New Coin data most recently recorded SOL at $71.44, a 0.43 percent dip over the past 24 hours.
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.
Key Highlights A Solana-based meme token called ANSEM experienced a 190x price explosion within 24 hours, driving its valuation close to $97 million Despite its name, the token wasn’t launched by influencer Ansem—community developers created it and named it in his honor Token creators allocated approximately 65% of the total supply directly to Ansem’s publicly known wallet address One early investor transformed a $4,050 position into $539,000 during the explosive price movement The rally gained momentum after Ansem announced plans to distribute Pump.fun creator earnings to his followers When ANSEM first appeared on-chain 11 days prior, it commanded a modest $4 million valuation. Fast forward to June 29, 2026, and the token had exploded to over $97 million in market capitalization—a dramatic rise fueled predominantly by grassroots enthusiasm and viral social media engagement.
It’s important to clarify that Zion Thomas, the crypto influencer known publicly as Ansem, had no involvement in launching this token. He’s a prominent voice within the Solana ecosystem. The token’s developers chose to honor him by naming their creation after him and transferring approximately 65% of the entire supply to his verified wallet.
The Catalyst Behind the Explosive Movement The dramatic price acceleration occurred following Ansem’s announcement on X regarding Pump.fun platform fees. He revealed intentions to distribute his weekly creator earnings—reportedly totaling around $200,000—through random airdrops to his community supporters.
Market participants viewed this gesture as Ansem filling the void left by Pump.fun’s repeatedly postponed official airdrop. This interpretation triggered substantial buying activity directed toward ANSEM tokens.
Ansem’s continued engagement on X, discussing Solana meme coins and broader market dynamics, maintained heightened interest in the token throughout the trading session.
Profitable Trades and Large Holder Movements Blockchain intelligence from Lookonchain reveals that one wallet invested 56.4 SOL—equivalent to roughly $4,050—to acquire 25.99 million ANSEM tokens ten days prior to the price spike. During the height of the rally, this wallet liquidated its complete holdings for 7,649 SOL, approximately $539,000. This represents gains exceeding 135x the initial capital deployed.
A separate wallet entered positions merely two hours following the token’s debut, allocating $2,330 to accumulate tokens at an average price of $0.0001638. This strategic early entry eventually sold 33.5% of accumulated holdings at $0.02041, securing $659,000 in realized profits—representing a staggering 28,295% return according to reports.
Lookonchain’s analysis also indicates that Ansem’s personal wallet currently contains roughly 604 million ANSEM tokens. Based on prevailing market rates, this holding represents a notional value exceeding $71 million. These figures reflect unrealized paper gains rather than confirmed liquidations.
Critical Risk Considerations The fact that 65% of all tokens reside in a single wallet significantly constrains actual circulating supply. This concentration creates conditions where price volatility can intensify dramatically in either direction.
Market observers emphasize that attempting to liquidate a multi-million dollar position would likely trigger severe downward pressure on pricing. The genuine liquidity depth available to major token holders remains substantially more uncertain than surface-level valuations might suggest.
ANSEM’s remarkable price performance stems entirely from community enthusiasm, viral social momentum, and concentrated attention. These driving forces offer no stability guarantees. The token’s future trajectory depends entirely on whether fresh capital continues flowing into the market.
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.
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The Black Bull (ANSEM) climbed nearly 20,000% in seven days on Solana after crypto influencer Ansem announced plans to distribute his accumulated creator fees as weekly airdrops to community members.
The announcement came through X. Ansem told followers he would redirect his Pump.fun creator fees as weekly airdrops, selecting winners at random each week.
A Single Post Triggers a Market MoveThe airdrop announcement pushed ANSEM’s 24-hour trading volume past $80 million as traders moved quickly to accumulate the token. The token’s price reached an all-time high of $0.121 on June 29. At that level, its fully diluted valuation sat near $121 million.
there's enough good tokens that exist already, but sure i will airdrop portions of the creator fees that have been directed to my pump fun profile
retweet this + follow me on there + comment with your pump profile & ill pick randomly weekly
https://t.co/76P6JvAOay https://t.co/fmpIpMI5UW
— Ansem 🐂🀄️ (@blknoiz06) June 27, 2026 Some traders who entered before the announcement reported gains between 100x and 261x their original investment. ANSEM now trades at $0.108, up 79.7% in the past 24 hours. Its current market cap sits near $42.8 million. Over seven days, the token has climbed roughly 19,878%.
The speed of the move highlights how sharply the Solana meme coin market reacts to social catalysts.
Ansem, known on X as @blknoiz06, is a prominent Solana-focused trader with a large following. Historically, his activity has moved prices in the Solana meme coin space.
Pump.fun routes a portion of trading fees to the creator of each token on the platform. As a result, creators of high-volume tokens accumulate significant fee income over time. In turn, that mechanic gave Ansem a fund to redistribute without launching a new token from scratch.
While Ansem utilized his accumulated fees for the incentive, it is worth noting that the ANSEM token itself was launched as an independent community project rather than by the influencer himself.
ANSEM Price Performance. Source: BeInCrypto MarketsSolana’s Memecoin Landscape Sets the StageSolana meme coin trading had already been recovering before the announcement, with the network continuing to draw speculative volume toward new token launches. Meanwhile, Pump.fun DEX volume reached record highs earlier in 2026, reflecting renewed appetite for tokens on the network.
However, Solana DEX volumes have reversed sharply before, and single-catalyst rallies on the network have a mixed record of sustaining momentum. ANSEM’s $80 million in 24-hour volume represents a meaningful slice of Solana’s daily memecoin activity, but the next test is whether airdrop participation continues to generate new buyer demand week over week.
ANSEM price data and trading activity remain the key metrics to watch as the first airdrop date approaches.
Solana is showing signs of decoupling from the broader crypto market, with a sharp increase in social discussion around tokenized stocks driving the move. Santiment’s social trends update on June 26 highlighted that tokenized equities have quickly become one of the hottest narratives, and Solana has emerged as the blockchain of choice for much of that momentum. The on-chain analytics firm noted that the surge in chatter has been mirrored by price action: SOL has climbed roughly 15% since June 9, far outpacing many large-cap peers.
The appeal is straightforward. Tokenized stocks on Solana offer 24/5 trading windows, near-instant settlement, and full DeFi compatibility. Traders can move positions across lending protocols or decentralized exchanges without leaving the ecosystem. This is a stark contrast to the traditional brokerage model, where settlement times stretch for days and asset portability is virtually nonexistent. When market access becomes programmable, the discussion volume tends to follow.
Social Volume, Price Action, and Network Demand Santiment’s social trends metric aggregates mentions across platforms like X, Telegram, and Reddit to gauge which narratives are capturing mindshare. For Solana, the tokenized stock narrative is now dominating. Historically, surges in social volume have often preceded or coincided with periods of asset outperformance, especially when the narrative centers on direct network usage rather than speculative memes. In this case, every tokenized stock trade on Solana generates transaction fees, sequestering value back into SOL. That feedback loop is what makes the current move structurally different from a generic altcoin rally.
The expanded interest has attracted fresh capital. Tokenized equities like TSLA, AAPL, and COIN are now live on Solana-based platforms, providing exposure to traditional markets during extended crypto trading hours. Institutions watching the tokenization space may take note of this real-world demand signal. The Santiment update ties the price rise to the growing probability that sustained adoption of tokenized assets could translate into long-term demand for SOL. That thesis gains credence when combined with Solana’s consistent top-tier ranking in developer activity, as tracked by recent on-chain development metrics.
Still, caution is warranted. Social hype can be ephemeral. While Solana networks have handled the incremental load without congestion so far, increased activity also raises questions about sustained throughput under stress. The tokenized stock market is still in its infancy, and many of the tokens have limited daily volumes compared to their traditional exchange counterparts. If liquidity dries up or another chain attracts similar projects with better incentives, the narrative could shift quickly.
Broader Tokenization Wave Solana’s decoupling fits into a wider push toward real-world asset (RWA) tokenization. Just weeks earlier, the total value of tokenized assets on-chain crossed $20 billion, fueled by major institutional moves and live settlement experiments. That milestone, covered in the Weekly Tokenization Roundup, shows how quickly tradfi integration is accelerating. The tokenized stock narrative on Solana is a consumer-facing expression of this same trend, but with a DeFi-native twist. Rather than simply issuing tokenized bonds or funds for accredited investors, Solana-based platforms are making equities accessible and composable for everyday crypto users.
What remains uncertain is regulation. Tokenized stocks may attract scrutiny from securities regulators if they are structured in a way that blurs the line between digital assets and equity contracts. Solana’s recent strong developer activity suggests the network has the capacity to adapt rapidly if compliance frameworks evolve, but the legal landscape is far from settled. For now, the market is rewarding visibility and early adoption, pushing SOL upward as it decouples from the broader crypto malaise.
The Santiment signal is clear: traders are paying attention to networks that are actually being used for novel financial products. Whether that attention holds through a period of regulatory uncertainty will determine if this decoupling is structural or just a short-lived divergence driven by social noise.
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If you spend any time around Solana memecoins, you will hear about “the trenches.” It is where traders called degens fight over brand-new tokens that mostly go to zero, in a culture with its own language, rituals, and brutal economics. Here is what the trenches are, the slang you need to follow them, and the hard reality behind the romance.
Summary
“The trenches” is crypto slang for the chaotic, high-risk frontier of on-chain memecoin trading, especially brand-new Solana tokens on launchpads like Pump.fun. The traders who operate there are called trenchers or degens, and the culture has its own dense vocabulary, rituals, and a war-themed self-image of survival against the odds. The trenches run on launchpads, decentralized exchanges, and fast trading tools, where tokens can rocket and collapse within minutes and bots compete for the first buys. The romance of life-changing gains is real but rare, and is built on heavy survivorship bias, since the large majority of tokens die fast and most participants lose money. Understanding the trenches and its slang is useful for following crypto culture and protecting yourself, but the honest framing is that it functions more like a casino than a market. “The trenches” is crypto slang for the chaotic, high-risk frontier of on-chain memecoin trading, especially the world of brand-new Solana tokens launched on platforms like Pump.fun, where traders fight for fast profits amid rampant scams, bots, and a flood of coins that mostly go to zero. The phrase is a war metaphor, and it is chosen deliberately. To be “in the trenches” is to be down in the mud of the riskiest, fastest, most unforgiving part of crypto, trading tokens that are minutes old, against opponents who include automated bots and seasoned predators, where fortunes are made and lost in the time it takes to read a chart. It is a culture as much as an activity, with its own dense vocabulary, its own rituals and heroes, and its own grim economics.
The term has spread well beyond its origins, and you will now hear it used for the early, high-risk stage of any speculative crypto play, but its heartland is the Solana memecoin scene, where the conditions that birthed it, instant token creation, near-zero fees, and a permanent firehose of new coins, are most intense. This guide is a map of the trenches for people who want to understand the culture without necessarily entering it, or who are entering it and want to know what they are walking into. It explains what the trenches are and where they physically exist on-chain, the mindset and culture that define the people in them, a working glossary of the slang you need to follow any trenches conversation, how a typical trench play actually unfolds from launch to death or survival, a recent episode that captures the culture in motion, and, most importantly, the hard reality behind the romantic self-image.
That last part matters more than all the slang, because the trenches present themselves as a place of opportunity and camaraderie, and they are also a place where the overwhelming majority of participants lose money to a structure designed to extract it. Learning the language is the easy part. Understanding the economics is what protects you. This guide tries to do both, in that order, so that the culture is legible and the danger is unmistakable.
What the trenches are and where they live At its core, the trenches refers to the earliest and riskiest stage of memecoin trading, where tokens are brand new and the action is fastest. The phrase captures both a place and a phase. As a phase, it means trading coins in their first minutes and hours of life, before they have established markets, when prices move violently and information is scarce. As a place, it refers to the venues and channels where this happens.
The trenches live on launchpads, above all the dominant Solana launchpad, where anyone can deploy a token in seconds and it begins trading immediately against a bonding curve. For readers new to that pricing model, the mechanism under every launch is the bonding curve, which automatically changes a token’s price as buyers and sellers move in and out. The trenches extend to the decentralized exchanges where tokens move after they graduate from those launchpads, and to the social channels, especially memecoin-focused chat groups, that are themselves often called the trenches, because that is where traders gather to share tips and coordinate.
The infrastructure of the trenches is built for speed, which shapes the entire experience. Traders use specialized tools and bots that let them buy a token within seconds of its launch, read on-chain data in real time, and execute faster than a human could click, because in a world where a coin can rise and fall in minutes, milliseconds of timing translate into enormous differences in entry price. This is why the trenches are not a level playing field: automated snipers and bots routinely buy into a token in its first moments, ahead of the humans who see it trending later. The reason all of this concentrated on Solana is structural: Solana’s very low fees and fast transaction speeds make it cheap and quick to launch coins and to trade them rapidly, which is exactly what a high-frequency, high-churn memecoin culture needs.
The launchpads that lowered the barrier to creating tokens did the rest. The trenches, then, are the on-chain frontier where the cheapest, fastest, most permissionless token creation meets the most speculative trading culture in crypto. The combination produces both the energy and the carnage the term implies. It is why the trenches feel like a live market, a chatroom, and a casino floor at the same time.
The mindset and the culture The trenches have a distinct culture, and understanding the mindset is as important as understanding the mechanics, because the culture is part of what keeps people in a game that mostly loses them money. The self-image is heroic and martial: participants cast themselves as warriors surviving in hostile territory, enduring losses, hunting for the one coin that will pay for all the others. There is genuine camaraderie in it, a shared identity among people who understand a world outsiders find baffling or repellent, and a folklore of legendary trades and legendary traders. The dominant ethos is captured in the word degen, short for degenerate, which trenchers wear as a badge rather than an insult.
To be a degen in the trenches is to accept that you are gambling and to lean into it with a certain dark humor. That humor and identity are woven through the culture’s language and rituals. Trenchers talk about “locking in,” meaning to focus intensely on the goal of making money quickly with minimal effort, and about hunting for a “gem,” an undervalued coin spotted before the crowd. The culture prizes “alpha,” valuable information or insight shared among insiders, and it runs on a constant cycle of fear of missing out and fear of being wrong, the twin emotions that drive impulsive buying and panic selling.
There is a player-versus-player quality to it, an awareness that in a zero-sum scramble over a worthless token, your profit is someone else’s loss, which the culture acknowledges with a kind of cheerful brutality. All of this creates a powerful social pull. The trenches are not just a market; they are a community with a language, a value system, and an emotional rhythm. That social dimension is a large part of why people stay even as they lose, because belonging and the thrill of the hunt are their own rewards.
Recognizing the culture’s grip is important, because the same camaraderie that makes the trenches compelling is also what makes them hard to walk away from. The community tells itself stories about survival and conviction, and some of those stories are true. But many of them are also retrospective myths built around the tiny number of trades that worked. That is why the culture has to be understood together with the economics, not separately from them.
A working glossary of trench slang To follow any conversation in the trenches, you need the vocabulary, and the slang is dense enough that an outsider can find a discussion incomprehensible. What follows is a working glossary of the most important terms, enough to read a typical trenches exchange. Begin with the people: a trencher or degen is a high-risk memecoin trader; a jeet is a derisive term for someone who sells too early or panic-sells, dumping on others; and a whale is a holder large enough to move a token’s price with their trades. The verbs of entry and exit matter too: to ape, or ape in, is to buy a token impulsively without much research; to snipe is to buy in the very first moments of a launch, usually with a bot; and to bundle is to coordinate multiple wallets to buy at launch, often to create a false impression of demand.
The lifecycle of a coin has its own terms. A fair launch means a token released with no presale or insider allocation, where everyone enters through the same curve. Graduation is the moment a token completes its bonding curve and moves to a normal exchange. A rug, or rug pull, is the most common trench ending: a scam where the creator pulls liquidity or dumps their holdings, collapsing the price to near zero.
A CTO, or community takeover, is when holders take over a coin the original creator abandoned, running it themselves to try to revive it. The emotional and evaluative vocabulary rounds it out: a gem is an undervalued find; alpha is valuable insight; FOMO and FUD are the fear of missing out and fear, uncertainty, and doubt that drive buying and selling; bags are the tokens you hold; to be underwater is to hold at a loss; and to moon or send it is to rise sharply or to take the plunge on a risky buy. Newer coinages appear constantly, such as a stimmy, slang adopted from stimulus payments to describe handing money to traders, which entered wide use when an influencer pledged to airdrop fees to the trenches. The vocabulary keeps evolving, but these terms form the durable core, and knowing them turns an impenetrable trenches conversation into something you can actually follow.
How a trench play unfolds To see the culture and mechanics together, follow how a typical trench play unfolds from birth to death, because the lifecycle is remarkably consistent. It begins with a launch: someone deploys a new token on a launchpad, giving it a name, an image, and a ticker, and it starts trading instantly against its bonding curve. In the first seconds, before any human has really noticed, automated snipers and bots may buy in, taking the earliest and cheapest positions, sometimes coordinated across bundled wallets to create the look of organic demand. This is the first hard truth of the trenches: by the time a human sees a coin, bots have often already moved.
Next comes the attention phase. If the coin has a catchy theme, a connection to a trending narrative, or a push from an influencer or a coordinated group, it begins to spread across social channels, and human traders start to ape in, sending the price climbing up the curve as buying accelerates. If the momentum builds far enough, the coin graduates, its accumulated liquidity moving to a normal exchange, which can attract a fresh wave of traders who treat graduation as a sign of legitimacy. Then comes the decisive phase, which for the overwhelming majority of coins is the end.
As the early buyers and any insiders take profit, selling into the latecomers, the price stalls and reverses. If a creator or whale dumps a large position, or pulls liquidity outright in a rug, the price collapses toward zero, often within hours of the peak. Most coins simply fade as attention moves to the next launch and buyers stop arriving, the price bleeding down the curve as holders capitulate. A small number survive, and an even smaller number, occasionally, get a second life through a community takeover, when stubborn or spiteful holders seize the abandoned coin and try to rebuild momentum themselves, which usually fails but can, if executed well, give the holders a better exit.
This lifecycle, launch, snipe, hype, climb, distribution, collapse, plays out thousands of times a day, and recognizing its shape is the difference between understanding what you are watching and being its raw material. It is also why who profits from the churn matters. Launchpads, creators, and early entrants can profit from volume and timing even when the token itself has no lasting value. Late buyers often discover that the chart they are chasing is already in its distribution phase.
The trenches in action A recent episode captures the culture vividly and ties the abstractions to a concrete moment. In late June 2026, a frenzy erupted around a cluster of Solana memecoins using the name of a prominent influencer, and it played out as a textbook trenches event. Multiple competing tokens using the same name launched at once, and the trading community flipped between them in exactly the player-versus-player scramble the culture is known for, with no single coin crowned the real one for a stretch as trenchers fought over which version would win. One version went parabolic, running to tens of millions in market cap within days, while dramatic individual outcomes, including a trader turning a few thousand dollars into hundreds of thousands, became the kind of folklore that draws more people into the next launch.
The episode also showcased the culture’s vocabulary and rituals in real time. The influencer at the center publicly took the side of the trenches against the launchpad, criticizing how it handled rewards and pledging to airdrop his accumulated fees back to traders, framing it in the community’s own slang as giving the trenches a stimmy because the platform would not. The word stimmy, the framing of small traders as a community owed a payout, the swarm of copycat tokens, the parabolic run, and the rapid churn all embodied the trenches in a single story. It also showcased the danger.
The same influencer disavowed other tokens trading on his name, copycats and impersonations proliferated, and the headline pump figures often did not survive a look at the actual on-chain data. The episode was the trenches in miniature, the camaraderie and the opportunity and the manipulation and the carnage all braided together, which is exactly why it drew such attention. For a student of the culture, it was a live demonstration of every dynamic this guide describes. It was also a reminder that behind the romance of the heroic trade sits a machine that mostly transfers money from latecomers to insiders and platforms.
The reality behind the romance Strip away the war metaphors and the folklore, and the trenches are, in hard economic terms, a place where most participants lose money to a structure built to extract it, and saying so plainly is the most useful thing this guide can do. The data is unambiguous. Studies of Solana memecoin launches have found that roughly two out of three coins are effectively dead within their first day, with the vast majority of their liquidity gone, and that on the order of 80% or more lose over 90% of their value within about a week. Recent Pump.fun lifespan data showed the same pattern, with nearly seven in 10 reviewed launches recording their final bonding-curve trade on launch day.
By some estimates, the overwhelming majority of tokens launched on the dominant launchpad are scams, pump-and-dumps, or jokes with no lasting value. The life-changing gains that make the folklore are real, but they are extraordinarily rare, and they are visible precisely because they are rare, while the millions of losing trades are invisible. That produces a powerful survivorship bias: you hear about the trader who turned a few thousand into a fortune, never about the thousands who did the opposite. This is the same dynamic that makes the assets traded in the trenches so culturally powerful and financially dangerous.
The structural reality reinforces this. The platforms that host the trenches earn from trading volume regardless of whether any coin succeeds, so the house profits from the churn itself, much like a casino. Bots and insiders routinely get the earliest, cheapest positions, leaving the human trader who arrives on a trending coin to buy from people already in profit. Creator fees and large insider holdings give those who launch and promote coins tools and motives to manufacture hype around tokens they benefit from.
The emotional culture, the FOMO, the camaraderie, the heroic self-image, is itself part of what keeps people trading through losses. None of this means the trenches are not real or that no one ever profits; some skilled and disciplined traders do, and the culture has genuine creativity and community in it. But the honest framing, shared by the more responsible voices in the space, is that the trenches function far more like a casino than like an investment market, that the odds are structurally against the individual, and that anyone entering should treat it as gambling with money they can afford to lose entirely, not as a path to wealth. The slang is fun and the stories are thrilling, but the math is brutal, and the math is what determines what happens to almost everyone who goes in.
Frequently asked questions What does “the trenches” mean in crypto? The trenches is slang for the chaotic, high-risk frontier of on-chain memecoin trading, especially brand-new Solana tokens on launchpads like Pump.fun. It is a war metaphor: to be in the trenches is to trade coins that are minutes old, in the fastest and most unforgiving part of crypto, against opponents that include automated bots. The term refers to both a phase, the earliest and riskiest stage of a token’s life, and a place, the launchpads, exchanges, and chat groups where this trading happens. Memecoin-focused chat channels are themselves often called the trenches. The phrase has spread to mean the early high-risk stage of any speculative crypto play. In practice, though, its strongest association remains Solana memecoin trading, because Solana’s speed, low fees, and launchpad culture created the conditions where the slang took hold. It is less a formal market category than a cultural label for the most chaotic edge of on-chain speculation.
Who are “trenchers” and “degens”? Trenchers are the traders who operate in the trenches, buying and selling brand-new memecoins. Degen, short for degenerate, is a closely related term that trenchers wear as a badge rather than an insult; it describes someone who takes large speculative risks, does minimal research, and embraces gambling openly. The culture is built around this identity: a self-image of risk-taking warriors hunting for the one coin that pays for all the losses. There is real camaraderie and folklore among them, a shared language and value system. That social identity is part of what makes the trenches compelling and part of what keeps people trading even as the structure causes most of them to lose money over time. It gives the activity a story larger than the trade itself. The danger is that the story can make repeated losses feel like proof of toughness rather than evidence that the odds are bad.
Where do the trenches actually happen? On-chain, primarily on Solana. The trenches live on launchpads, above all the dominant Solana launchpad, where anyone can deploy a token in seconds and it trades instantly against a bonding curve, and on the decentralized exchanges where tokens move after they graduate. They also live in social channels, especially memecoin-focused chat groups that are themselves called the trenches. The infrastructure is built for speed, with specialized tools and bots that let traders buy within seconds of a launch and read on-chain data in real time. Solana became the heartland because its very low fees and fast transactions make it cheap and quick to launch and rapidly trade coins, which is exactly what the high-churn memecoin culture needs. The chain’s infrastructure makes small, fast trades economically possible in a way that would be harder on more expensive networks. That is why the trenches are as much a product of technical design as they are of internet culture.
What does “stimmy” mean, and other common slang? A stimmy is slang, adopted from stimulus payments, for handing money to traders; it entered wide use when an influencer pledged to airdrop fees to the trenches. Other core terms include ape, to buy impulsively without research; snipe, to buy in a launch’s first moments, usually with a bot; rug, a scam where the creator collapses the price; CTO, a community takeover of an abandoned coin; jeet, a derisive term for someone who panic-sells; whale, a holder big enough to move the price; bags, the tokens you hold; alpha, valuable insight; and FOMO and FUD, the fear of missing out and the fear and doubt that drive buying and selling. The vocabulary evolves constantly, but these form its durable core. The slang matters because it does more than describe trades. It builds identity, signals belonging, and compresses complex market behavior into quick phrases that move through chats fast. Understanding it helps you follow the culture, but it should not make the activity seem safer than it is.
Can you actually make money in the trenches? Some people do, but the odds are structurally against the individual, and most participants lose money. The data is stark: roughly two of three Solana memecoins are effectively dead within a day, and 80% or more lose over 90% of their value within about a week, while the overwhelming majority of launchpad tokens are scams, pump-and-dumps, or jokes. The life-changing gains that fuel the folklore are real but extremely rare, and they create survivorship bias because the countless losses are invisible. Bots and insiders get the earliest positions, platforms profit from the churn regardless of outcomes, and creator fees give promoters motives to manufacture hype. Skilled, disciplined traders exist, but the structure resembles a casino more than an investment market. The rare wins are easy to screenshot and share, while the typical losses disappear into wallet history. That imbalance is exactly why the romance of the trenches can be so misleading.
Is trading in the trenches a good idea? This guide does not recommend it, and the honest framing is that the trenches function far more like a casino than an investment market, with the odds structurally against the individual participant. The platforms profit from trading volume regardless of whether coins succeed, bots and insiders take the best positions, and most tokens are designed to extract money from latecomers. The culture’s camaraderie and heroic self-image are genuine and are also part of what keeps people trading through losses. If someone chooses to participate anyway, the only responsible approach is to treat it strictly as gambling, risking only money they can afford to lose entirely, verifying contracts and holder concentration, and never mistaking the rare success stories for the typical outcome. That means treating every new coin as hostile until proven otherwise. It also means understanding that speed, information, and discipline matter, but even those do not erase structural disadvantages. The safest way to learn the trenches is as a culture and a warning before treating it as a trading venue.
This article is educational information about crypto culture, not financial advice or encouragement to trade memecoins. Descriptions of trenches culture, slang, and failure statistics reflect reporting available as of June 29, 2026, and can change. Memecoin trading is extremely high-risk, resembles gambling, and causes most participants to lose money. Verify any specific token or platform independently and consult a qualified professional before making any financial decision.
The meme coin known as ANSEM, part of the Solana ecosystem, experienced an explosive rally in the last week, surging by 18,000% within just three days. The token’s market value rocketed to as high as $125 million before later settling at around $117 million. This remarkable ascent took place amid broader market weakness and widespread fear, at a time when overall liquidity in crypto is turning towards smaller, more speculative assets.
Buyers emerged despite market fearsOnchain analyst Ai Yi revealed that over the course of 24 hours, 12 separate wallets each bought more than $100,000 worth of ANSEM, with the combined purchases reaching $1.985 million. These concentrated inflows were enough to push the token’s total market capitalization beyond $100 million, even as sentiment across the crypto sector remained subdued.
According to data shared by Ai Yi, 12 different wallets bought more than $100,000 in ANSEM each over the past 24 hours, bringing total net inflows to $1.985 million.
The coin takes its name from “Ansem,” a widely recognized figure on X, who is known for a strong presence in Solana-based meme coin communities. Under the handle @blknoiz06, Ansem has become influential in driving attention and momentum behind various meme-related tokens within the Solana ecosystem.
Creator wallet saw limited profitsBlockchain analytics firm Lookonchain identified the original creator address for ANSEM as yHCxHB, noting that the wallet spent just $6,300 to launch the token and initially acquired 792.45 million ANSEM coins. Of these, 650 million were later transferred to Ansem’s personal wallet, presumably for promotional or community-related purposes.
Lookonchain stated that although the creator’s wallet gave rise to a token now worth over $120 million, it only realized a total profit of around $5,500 itself.
The remaining 142.45 million tokens were sold for roughly $11,800, resulting in an estimated net profit for the creator wallet of about $5,500. According to Lookonchain’s update on June 29, Ansem’s own wallet held 604 million ANSEM tokens valued at more than $71 million at that time.
Early buyers recorded outsized gainsOne of the most striking aspects of ANSEM’s price jump was the extraordinary gains realized by early investors. Lookonchain pointed to the address CxCTVj, which invested just $2,330 and managed to turn that into a combined realized and unrealized profit of $614,500— an astounding 261-fold return. This wallet sold 4.2 million tokens for $68,100 but still held 10 million ANSEM, valued at $548,800 as of June 28.
Another investor, known as 2M2vLX, bought 25.99 million ANSEM ten days before the pump for 56.4 SOL (around $4,050) and later sold all tokens for 7,649 SOL (about $539,000), resulting in a gain of roughly 135 times the initial investment, as reported by Lookonchain.
WalletInitial purchaseCurrent statusReturnCxCTVj$2,330$614,500 total profit261x2M2vLX56.4 SOL, approx. $4,0507,649 SOL, approx. $539,000135xConcentration risks draw attentionThe capital structure behind ANSEM’s rally has raised questions over the sustainability of such rapid gains. Analysis from AInvest underscored that the value of Ansem’s personal ANSEM holdings, at $71 million, actually exceeded the token’s circulating market cap at certain times. The new $1.985 million that flowed in recently represented about 1.5% of the total held across all wallets.
During one period, ANSEM saw a daily trading volume of $30 million against a market capitalization of $60 million, putting the 24-hour turnover ratio at 0.5. Such a high rate of token movement in a short span is often associated with speculation and short-term trading, but in the context of cryptocurrencies, this kind of activity needs to be judged alongside liquidity, wallet concentration, and order book depth.
ANSEM’s dramatic surge occurred when the widely-followed Crypto Fear and Greed Index stood at just 12, indicating extreme fear in the market. The rally highlighted once more how capital can abruptly concentrate in a single high-risk asset, especially within meme coin sectors where price action tends to be driven more by hype and momentum than by fundamental usage or utility.
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 is currently trading at a crucial juncture, with key technical indicators signaling heightened risk. Although buyers have managed to maintain the price within the $65 to $71 range, momentum appears to be losing steam. Analysts warn that if this zone fails to hold, the next significant support level may be near $53.10, and a more pronounced downturn could bring the $40 area into play.
The significance of the $65 to $71 rangeOne clear focal point in Solana’s price action is the $65 to $71 range, which has become a defining region for the asset’s mid-term structure. According to on-chain data, over 60 million SOL tokens have changed hands in this band, making it the most robust support area on the chart due to the dense trading activity accumulated here.
URPD data, referring to UTXO Realized Price Distribution, indicates the prices at which coins were last transacted on-chain. These clusters represent areas where many investors share a similar cost basis, making them vital for identifying probable support or resistance. The current density in the $65 to $71 region reinforces its technical significance.
Mini glossary: URPD is a distribution model showing at which price levels coins last moved on-chain. Areas with intense investor cost concentration thus become critical support or resistance in technical analysis.
As long as SOL remains above this demand area, the overall bullish structure remains intact. However, a decisive break below $65 would weaken the technical outlook, with $53.10 emerging as the initial target if downward pressure intensifies.
If the $65 to $71 interval holds, it will continue to serve as the primary defense for buyers. Losing this zone, however, could push the price first to $53.10, and later towards lower on-chain cluster regions.
Lower support levels under watchRoughly 7 million SOL have traded hands near the $53.10 level, representing the next notable accumulation area. Further below, about 5 million SOL are concentrated around $23.60, while a significant past trading volume of roughly 15 million SOL appears near $8.85. Although these levels sit well below the current price, they are historically important as prior demand zones.
In the short term, all eyes remain on the $65 to $71 band. Holding this support could fuel a bullish scenario, whereas its loss could open the door to a steeper correction with deeper retracements likely.
Trend break sparks concerns over $40 targetSolana recently dipped below its long-term upward trendline, now trading near $71. Technical charts show that the support guiding SOL since 2023 has been breached, and the price has yet to reclaim its former trajectory above this trendline.
Market analyst KALEO indicates that should the weakness persist, the next major downside target for SOL could be close to $40. According to this analysis, prices could test the upper $30s and $40 region before forming a stronger bottom.
The $40 zone also coincides with an earlier period of price consolidation from late 2023 to early 2024. Technical analysts often note that former resistance areas can become support if prices return to those levels in the future, adding weight to the $40 region as a key point to watch.
For now, SOL remains above these risk levels. However, after the recent breakdown of the trendline, a loss of momentum is evident. Regaining the broken trendline is vital for a stronger outlook. Otherwise, the $40 zone will continue to serve as the principal downside risk should the market weaken further.
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.
SOL has recently exhibited strong bullish pressure. After hitting a low of $69, the altcoin defended $70 and climbed to a local high of $73 before slightly retracing.
In fact, as of this writing, Solana [SOL] traded at $72 after gaining 2.6% over the past day. At the same time, the altcoin’s trading volume rose 39%, indicating strong market participation.
What do Solana’s charts reveal? Solana held above its 9-day and 21-day Moving Averages, reinforcing its bullish market structure. That move signaled strengthening short-term momentum.
The altcoin’s momentum indicators also supported this trend. The Stochastic Momentum Index (SMI) formed a bullish crossover two days ago.
Source: TradingView Since then, the SMI has climbed to 27, remaining just below the 30 threshold. This continued upward trajectory suggested improving market conditions.
Together, the Moving Averages and SMI pointed to sustained bullish momentum. A move above 30 on the SMI could confirm the trend’s strength, potentially opening the door to further gains.
Is whale sentiment shift the driving force? Solana’s renewed strength seems largely driven by a shift in sentiment among whales. Whale activity on the spot market has remained steady over the past week.
CryptoQuant’s Spot Average Order Size data showed large whale orders concentrated around the $70 and $71 price levels.
Source: CryptoQuant These orders suggest that, at these levels, whales have increased participation in either buying or selling. Interestingly, the jump in whale orders has coincided with a significant jump in exchange outflows.
In fact, CoinGlass data showed that Solana Spot Netflow has remained negative over the past three days. Over the last week, Netflow recorded a positive value once.
Source: CoinGlass At press time, Spot Netflows stood at -$112k, improving from -$1.7 million recorded the previous day. A negative Spot Netflow suggested whales were primarily accumulating SOL.
Can SOL extend its rally? Solana maintained bullish momentum, supported by renewed whale demand. That could keep buyers in control if accumulation continues.
Therefore, if demand continues absorbing selling pressure, SOL could reclaim $75 and target the $80 resistance over the short to medium term.
However, if whale demand weakens, Solana could fall below $70 again, with $62 serving as the next key support.
Final Summary Solana gained 2.6% after defending $70 and reaching a local high of $73 before easing slightly. Renewed whale accumulation and improving momentum indicators could support a move toward $80 if demand persists.
DeFi Development Corp. has officially ended its relationship with DeFi Development Corporation UK PLC, pulling the UK entity out of its Solana treasury accelerator program. The separation, effective June 29, 2026, means DFDV holds no equity stake, operational involvement, or financial exposure to its former British counterpart.
The move marks the conclusion of the first implementation of DFDV’s Treasury Accelerator, a program designed to spawn public treasury vehicles dedicated to accumulating Solana. Markets seemed to like the clarity: DFDV shares climbed roughly 4.16% on the announcement day, closing at $2.84.
What happened and why it matters DFDV UK originally launched on August 29, 2025, positioning itself as the first Solana-focused public treasury vehicle in the United Kingdom. The entity emerged from DFDV’s approximately 45% equity stake acquired during the purchase of Cykel AI. In plain English: DFDV bought into an AI company, rebranded the UK arm as a Solana treasury play, and now that experiment is over.
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The UK entity will rebrand back to Cykel AI PLC and pivot its focus toward artificial intelligence. A revolving credit facility that previously existed between the two companies has been terminated as part of the split.
DFDV’s Solana treasury strategy remains intact The parent company isn’t wavering from its own playbook. DFDV, which trades on the Nasdaq under the ticker DFDV, remains squarely focused on accumulating SOL through staking, validator management, and its broader treasury operations. The company formerly operated as Janover Inc. before adopting its Solana-centric strategy in April 2025.
As of January 2026, DFDV reported holding approximately 2.22 million SOL. The company tracks a proprietary metric called SOL Per Share, or SPS, which stood at about 0.0743 at that time. Think of SPS as the crypto treasury equivalent of book value per share. It tells investors how much Solana exposure each share of stock represents.
The key difference between a Bitcoin treasury approach and a Solana one is that staking revenue. Bitcoin treasuries are essentially buy-and-hold operations. Solana treasuries can grow their position organically through network participation. For DFDV, this means the SOL pile theoretically grows even without additional capital raises, though the company has used various financing mechanisms to accelerate accumulation.
What this means for investors The separation from DFDV UK can be read as a strategic housecleaning. By severing ties with an entity that’s pivoting away from Solana entirely, DFDV removes a potential source of confusion for investors trying to understand what the company actually does.
The 4.16% share price bump on the news suggests the market agrees with this interpretation.
Investors watching this space should track three things going forward: whether DFDV launches new Treasury Accelerator partnerships to replace the UK vehicle, how the SOL Per Share metric evolves in upcoming quarterly reports, and whether the company’s validator operations generate meaningful yield relative to the cost of capital used to acquire those SOL holdings in the first place.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The rivalry between crypto’s two unlikely revenue juggernauts just got another chapter. Pump.fun, the Solana-based memecoin launchpad, has reclaimed its position above Polymarket in 24-hour protocol revenue after the prediction market platform briefly seized the lead.
The revenue flip, and the flip back On May 31, Polymarket pulled ahead of Pump.fun in daily revenue for the first time in a notable stretch. Polymarket generated $999K in 24-hour protocol revenue that day, compared to Pump.fun’s $848K, according to DefiLlama data.
That gap, roughly $151K, was enough to turn heads. But Pump.fun has since reclaimed its lead in the daily revenue rankings, reasserting the dominance it has held for much of the past year.
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Pump.fun earns revenue through bonding-curve trade fees and graduation fees, the costs users pay when launching and trading memecoins. Polymarket pulls in revenue from trading fees on its prediction markets, where users bet on everything from election outcomes to interest rate decisions.
Pump.fun’s revenue slowdown is real Pump.fun’s Q2 2026 revenue pace is down approximately 36% from the prior quarter. That’s a significant deceleration for a platform that crossed $100 million in cumulative revenue by late 2024 and has likely generated hundreds of millions in total fees by now.
Earlier in April 2026, Pump.fun still held a clear edge over Polymarket in 7-day revenue metrics. But the gap has been narrowing, and Polymarket’s brief daily overtake on May 31 was a signal that the prediction market platform is gaining ground.
Polymarket’s momentum is partly structural. The platform rolled out new fee structures that have boosted its revenue capture from trading activity. Combined with increased user engagement around major global events, those fee changes have turned Polymarket into a more efficient revenue machine.
What this means for investors For investors evaluating the Solana ecosystem, Pump.fun’s 36% quarterly revenue decline is worth watching closely. Pump.fun has been one of the largest single sources of fee revenue on Solana, and a sustained downturn would ripple through the chain’s economic activity metrics.
The broader takeaway is that fee-generating protocols are increasingly the metric that matters. Total Value Locked, or TVL, dominated the conversation in previous cycles. Now revenue is the benchmark, and for good reason: it measures actual demand for a product rather than just capital sitting in a smart contract.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Zoomex hosted the second episode of its World Cup Edition X Space as part of the Zoomex World Cup Impact Pledge, bringing together Champions League winner Didi Hamann and three traders: Mario from Forex Trading & Investing, Crank, and Joseph. Fernando Aranda hosted the session, which ran across World Cup analysis, the German squad debate, career philosophy, and the kind of crypto-to-football comparisons that only hold together when neither side takes them too seriously.
The session continued the five-part charity initiative launched in the first episode. Across five World Cup episodes, Zoomex is committing 1,000 USDT per episode to a charity of each football guest’s choosing, rising by an additional 5,000 USDT if the guest’s World Cup prediction proves correct. Hamann backed Japan to beat Sweden and nominated a homeless support charity in Munich, a cause he backs regularly.
Nothing to Lose. Nothing to Fear. Fernando opened by asking which is harder, a match you must win, or a match you cannot afford to lose. Hamann said the question had never been put to him that way before, and his answer repositioned the difficulty entirely.
“I always say in football, the hardest thing in football is when you play against a team that has nothing to lose. If that makes sense, because we’ve seen a lot of upsets. When a team has nothing to lose, they’re the most dangerous because they just go for it. And if they lose, they lose. It doesn’t matter. But if they win, they can win everything or gain everything.”
That is a different pressure to manage than needing to win. A team chasing a must-win result still operates inside a calculation. A team that only stands to gain has discarded the calculation entirely. From that point of view, he said, having to win is probably the easier of the two situations to be in.
Morocco against Italy was the recent example the panel kept returning to. South Africa against South Korea was another. “Nobody gave them a chance, and here they are in the last 32.”
Crank had watched the same dynamic unfold in markets many times. Traders who enter without a prebuilt plan are playing from the same emotional state as a team with nothing to lose: exposed, reactive, and without the protection that structure provides. The difference is that in trading, the cost of that freedom comes directly out of your account.
The Game Does Not Change at 3-0 Down. As a holding midfielder, Hamann gave himself one instruction regardless of what the scoreboard said, and he never deviated from it.
“I always felt in my position I couldn’t afford to give the ball away because we have players who need to take risks. They give the ball away more often naturally because they have to take chances. And I always felt in my position I had to play the same way whether we are 3-0 up or 3-0 down because I wasn’t the one changing games, scoring goals or setting up goals. It wasn’t my job and I couldn’t do it. But we had players to do that.”
The players around him were Steven Gerrard, Luis Garcia, Cissé, Baros. His job was to win the ball, protect the structure, and put it in their feet as quickly as possible. Getting carried away when the scoreline was comfortable, or trying to do things that were not in his nature when 3-0 down, both produced the same result: a team that had lost its shape.
Istanbul in 2005 is the case study. Hamann came on at half-time, three goals down against an AC Milan side regarded at the time as the best club team in the world. He was warming up on the touchline when the second half was about to begin, and his read was simple.
“I was sure, warming up at half-time, because obviously I came on at half-time, I was sure if we scored one, I’m sure we scored a second one. And then if it’s 3-2, even the most experienced teams do make mistakes. And then after that first goal, the stadium came, there were 40,000 or 50,000 Liverpool fans. And I think AC Milan all of a sudden thought, maybe it’s not over.”
Three goals in six minutes. Penalties after that. He acknowledged luck was part of it, but the more durable point was that the process did not change. Win the ball. Do not concede the wrong goal. Give the ball to the people with the license to take risks.
Cissé had been a guest the previous week and described the same locker room from the other side. Joseph in this session brought the parallel into trading directly: “I always start with a plan, like a coach picks his starting eleven before the match. But if the market moves against me, don’t wait too long. Just like a coach, make a quick substitution when the team is losing control. I exit my position early instead of hoping for a comeback. Sticking to a plan is good, but being too stubborn can really hurt you. At the end of the day, the best traders are not the ones who are always right. They are the ones who know how to manage risks when they are wrong.”
Attack Is Not Enough. Fernando raised the old argument: attack wins games, defence wins championships. Hamann agreed, then sharpened it.
“It’s almost impossible to outscore teams on a regular basis. I do think just attack won’t win. You need a good defence, you need a balance in your team, and a good-holding midfielder. You might get to the quarters, you might get to the semis, you might even get to the final. But I don’t think you win the whole thing.”
The Barcelona side that most people reach for as the purest attacking team of the modern era, Messi, Suárez, Neymar, still had Puyol and Piqué in central defence and Busquets holding midfield. That Busquets point is the sharper one: the best attacking team of the generation was built around arguably the best defensive midfielder of the same generation. France in this tournament ticks the same boxes from the other direction. Mbappé at the front, two of the best centre-backs in the world behind him, a holding structure that does not give teams the space to breathe.
Real Madrid is the present-day example of what happens when the balance is off. The attacking quality is not in question. The defensive midfield structure lags, and at the tournament stage, one bad half against the right opponent ends everything.
On the type of error he finds hardest to watch, Hamann drew a precise distinction. “I don’t mind the technical fault or mistake. You know, if a ball bounces, if you misplace a pass, it shouldn’t happen, but it happens. But what I don’t like is when teams, especially in the Champions League or now in the World Cup, when they make mental mistakes. You see it all the time when they give the ball away in areas where they shouldn’t play, where they get a bit too smart and think they get away with it. You shouldn’t make a mistake because you don’t think. This is what drives me crazy.”
A technical error can be explained by the surface, by fatigue, by a fraction of a second lost to distraction. A mental error has no comparable excuse. At the highest level, with everything on the line, the only reason to stop thinking is overconfidence.
The trading panel had the same split. Mario put it cleanly: “The market is the man and we follow the market. It doesn’t make sense not to change your view if the market is against you. You only lose money when you do it like that.” The stop loss is the instrument that enforces honesty when the mind is arguing for one more minute, one more candle, one more reason to stay in. Mario gave it the most useful name of the session: “The stop loss is like being a good defender. Maybe like the libero. The last man. If you kick him, then you get a red card. That’s the stop loss. Last line of defence.”
Joseph extended the metaphor into position sizing: “It’s just like a football defence. If your back line is not organised, even a great goalkeeper cannot save you every time. In trading, protecting your capital is like protecting your goal. If you defend well, you will always have another chance to win.”
Brazil to Win. Angelotti to Manage. Hamann had made his tournament pick before the first game was played, and he was not changing it now.
“I said at the start of the tournament, I said Brazil, because I think it’s a long tournament. It’s 48 teams now, so it’s a week, 10 days longer than it was before. And there will be at times, there will be a few problems within the team, and you need somebody to handle it and manage it. And I think in Angelotti, they’ve got the perfect man.”
The best defence. A very good attack. An open question in midfield. And the right coach for a campaign that will test squads not just tactically but in terms of internal management. His second breath went to France. “I stick with Brazil, but I think it will take a very, very good team to beat France.”
Germany occupies a different kind of space in Hamann’s thinking, somewhere between professional assessment and obvious personal investment. The read on the squad was honest. Undaf, used so far as the impact substitute, should stay there.
“He’s probably the best sub, the super sub of this tournament. He’s probably the best player coming on in this tournament. So why change it? Because everybody knows when he comes on, there’s a boost going around the ground. There’s a boost going through the team and everybody goes, oh, he’s coming on. We’ve got a chance.”
That psychological effect disappears the moment he becomes expected from the first whistle. The weapon works because it has been withheld. Sané has not delivered on the first two games. Wirth is settling in. Musiala, five months back from a serious injury, has been anonymous by his own standards. Schlotterbeck’s absence has cost the defensive structure its balance with the left foot. Mecha has been the best German player in the tournament and may emerge from it as one of the most watched midfielders in Europe.
On the group stage as a concept, Hamann was pragmatic. “You just have to get out of the group. Nobody talks. Once you get to the last 32, last 16, nobody cares how you got out of the group, how you played in the group. That’s when it matters.”
Crank’s read on the Bitcoin market was built with the same long-cycle logic. He described taking short positions near the top, closing them on the way down, and watching the four-year cycle move toward what he sees as a floor. “Bitcoin is exactly where it should be. My levels right now are golden pocket between 54 and 57. I’m waiting for one more big capitulation, scare you pretty bad, and then we can, based off of four-year cycle theory, start our accumulation phase and bottoming out, which for me is between 41 to 46,000.” Mario put his own range at 43,000 to 45,000 and believed the bottom would arrive within 100 days of the session. Joseph agreed with the range. The disagreement was mostly about timing.
Dark Horses and an 18-Year-Old Who Plays Like a Veteran Among the nations that had caught his attention, Hamann pointed first to the home contingent. Canada had been exceptional. Mexico against England at the Azteca, with altitude and a full home crowd, would be nobody’s idea of a comfortable draw. “That won’t be an easy game. If they play Mexico City, the Azteca with altitude, it’s not an easy thing to beat them there.”
South Africa had made the sharpest impression. “The way they played yesterday. It was absolutely brilliant. Nobody gave them a chance, and here they are in the last 32.”
Japan was his most dangerous selection from outside the traditional powers. “I think Japan is really a dangerous team. Beat Germany four years ago in Qatar. I think they beat Spain as well. They’ve got that vision. They want to, I think before 2050, they want to be world champions. They want to win the World Cup. Not sure it’s going to happen this year. But this is a nation that improves year after year after year.”
Ivory Coast came up without prompting. “The first 60 minutes against Germany, I think they played exceptionally well. Germany was second best in every aspect.” A team that outplays Germany for an hour in a major tournament is not an accident. They are a dangerous team going forward.
On Morocco, Hamann pointed to an 18-year-old central midfielder without being asked. He had heard about the player before the tournament. He saw him play. Then he looked up the age again.
“Brilliant. 18 years of age, the maturity he plays with, I couldn’t believe. I heard of him before, then I saw him, then I had to look again. How old is he? 18 years. Because usually, central midfielders, they get into the best age, 22, 24, because experience counts for a lot. But the way he plays, how composed. At 18 years of age, unbelievable.”
The Hardest Opponents. The Best Teammates. On the midfielder who made his career most uncomfortable, Hamann did not hesitate. There were players across the years who tried to get inside his head, who wanted him in a conversation on the pitch, who looked for ways to make him react. “I never spoke to the opposition and very rarely spoke to the referee. So that didn’t really bother me.”
The frustration with Patrick Vieira was entirely different: it was purely about quality.
“The most frustrating was probably the best one I played against because he was like a Rolls-Royce. He was quick, he was strong, he could pass, he played in an exceptional team with Arsenal. It was no joy playing against him because he was so good. For me, he was the best and I had never fun playing against him.”
That Arsenal side was the backdrop that made it worse. Vieira in an average team is one problem. Vieira in one of the best club sides he faced across his entire career is a different afternoon entirely.
On the other side of the ledger, the question of superstars and teams produced one of the clearest statements of the session. Messi, Mbappé, Ronaldo, Haaland: are they the reason teams win, or is it the other way around?
“It’s got to be the team. But I think all these guys, they all know that they couldn’t succeed without the team. On your own, you’re nothing. As good as they are, but you need 10 other players. And I think the best example was the last World Cup, where really 10 players worked for Messi and then he made the difference. And that’s how it should be, because you need to cover all the bases as a team.”
On the next German superstar, Hamann was direct. “I said he’s too good to fail because it’s the best player I’ve seen in the last 20 years in a German shirt.” Wirth had a difficult debut season at Liverpool. A new manager changes the conditions. Mecha he views as deeply undervalued. “He’s not a flash player, but he does the things nobody wants to do. He makes it really very efficient. He’s got pace, he’s got physicality, he can score a goal. I think Mecha was very underrated in the last few years. We might even see him at a huge club after the World Cup because now everybody took note of him.”
No Emotions. No Exceptions. Fernando drew the bridge between the two halves of the session: coaches change systems mid-game when the plan stops working, and traders change positions when the market moves against them. The panel each described how they handle that moment.
Crank’s answer was the most absolute. “No emotions in day trading. You are up against robots. Within these algorithms, emotions do not exist. And anybody that trades for a living or is just getting started needs to understand that you’re going to be so numb that you do the same thing every single day. But it’s a system. And once you have it to where it works in your favour and you have it dialled in, you don’t make those adjustments.”
His summary of the choice at the centre of trading was the most direct line of the session: “Do you want to be right, or do you want to be rich?”
Mario agreed without qualification. “No emotions in trading. That’s the worst thing you can do. You have to just shut down your emotions. Just stick to your plan. Every day doing the same thing that works. And emotions don’t work.”
Joseph described what happens after a stop loss gets hit, a moment most traders find more disorienting than the loss itself. “Getting stopped out and watching the price go back up, that’s one of the most annoying things in trading. But I have a personal rule: after a stop loss, I take a short break, maybe 15 to 30 minutes before opening any new trade. This stops me from revenge trading. It’s like a player who misses a penalty. The best one would take a breath before playing on, not react emotionally. Every loss is a lesson, but revenge trading usually turns one mistake into two.”
Crank closed on the cycle and what it means for the audience watching right now. “Now’s the time more than ever to exit out all the noise and really focus because this is where you separate the boys and girls from the men and women. Be violent with your education right now because this is where lives are changed.”
Which Team Is Bitcoin? Fernando asked the panel to map the major assets to national teams in the tournament.
Brazil collected the Bitcoin allocation from most of the panel. The longest track record, the deepest global fanbase, the benchmark that everything else gets measured against regardless of current charts. Joseph assigned it to Argentina, with a specific reason: the 2022 World Cup, where ten players organised themselves entirely in service of one, and the one delivered. That, in his view, is the most accurate representation of how Bitcoin’s entire ecosystem functions around a single thesis.
France drew Ethereum from most voices, technically foundational, expected to perform at the highest level, measured against a standard that was set years ago and has not yet been surpassed. Portugal went to Solana: fast, direct, talent-driven, with a single player whose presence changes every calculation. Mario broke from the group and pointed to Spain or the Netherlands as the surprise allocations, teams that could outperform expectation the way an asset can when its narrative catches up with its fundamentals.
On which of the major tournament favourites exits earliest, France drew the most votes, followed by Germany. Mario, thirty years a German football supporter, crossed his fingers rather than naming names.
The Lesson From the Zoomex Space The thread connecting both halves of the session was what holds together when the situation changes and the original plan no longer applies.
Hamann’s philosophy as a midfielder, do not vary the process at 3-0 up or 3-0 down, is the same discipline the traders described as the line between consistent performance and emotional reaction. It is not about suppressing the awareness that the situation has changed. It is about having decided in advance what you do when it does.
The 2005 Champions League final is not a story about hope or momentum or the magic of a particular night. It is a story about a team that kept doing the right things in the right order while three goals down, until the conditions changed. “If there were no mistakes, there wouldn’t be any goals,” Hamann said. That applies to both sides of the ball. The team that keeps its structure in a crisis does not create the opening. It creates the conditions for the opening to appear.
Crank’s question applies equally. In football and in markets, the answer to the question of whether you want to be right or rich determines how you behave when the scoreline, or the chart, tells you something you do not want to hear.
The Zoomex World Cup Impact Pledge continues across three more episodes, each with a new football guest, a new charity selection, and a prediction on record. Brazil is going to win the World Cup. Didi Hamann said so, and the charity pool for Munich’s homeless depends on Japan clearing the first hurdle.
About Zoomex Founded in 2021, Zoomex is a global cryptocurrency trading platform with over 3 million users across more than 35 countries and regions, offering 600+ trading pairs. Guided by its core values of “Simple × User-Friendly × Fast,” Zoomex is committed to fairness, integrity, and transparency in delivering a high-performance, low-barrier, trustworthy trading experience.
As an official partner of the Haas F1 Team and global brand ambassador partner of goalkeeper Emiliano Martínez, Zoomex brings the same focus on speed, precision, and discipline from the racetrack and the pitch to trading. The platform holds regulatory licenses including Canada MSB, U.S. MSB, U.S. NFA, and Australia AUSTRAC, and has passed security audits conducted by Hacken.
Ansem, one of the most recognized voices in the Solana ecosystem, has airdropped roughly $7 million worth of the $ANSEM memecoin to Solana users. The distribution campaign, which unfolded between June 27 and June 29, represents one of the largest influencer-driven token giveaways in recent memory.
The goal is ambitious: grow the $ANSEM holder base from approximately 25,000 wallets to 1 million.
Inside the airdrop mechanics Ansem, who posts under the handle @blknoiz06, controls an estimated 604 million $ANSEM tokens. That’s somewhere between 60% and 66% of the total supply, worth anywhere from $30 million to $71 million depending on which price snapshot you use.
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The distribution methods varied across rounds. Some recipients received as little as $23 in tokens, while larger community-focused rounds engaged participants through social actions like following accounts or leaving comments.
Ansem has framed the initiative as a redistribution of Pump.fun creator fees rather than a traditional token launch. Those creator fees reportedly ranged from approximately $200,000 to $378,000 in a single week, providing a recurring revenue stream that funds ongoing distributions.
The numbers behind the frenzy The $ANSEM token, nicknamed “The Black Bull,” has seen its market cap climb above $66 million during late June 2026.
Early participants have done extraordinarily well. One trader reportedly turned an initial $2,330 investment into over $614,000, a 261x return.
Community building or concentration risk The $ANSEM token’s value proposition is, quite literally, one person’s reputation and willingness to keep distributing tokens. Ansem has indicated a commitment to further airdrops tied to the rising market cap, suggesting a structured plan rather than a one-off event.
Even after distributing $7 million worth of tokens, Ansem’s wallet still controls a dominant share of the supply. A 60%-plus ownership stake in any token means one entity has the theoretical ability to crash the price at any moment.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin is trading at 59,800 dollars this Monday, up 0.6% over 24 hours, but still below the psychological threshold of 60,000 dollars. The market structure remains bearish, despite a slight rebound in Solana and a lull in volatility indices. How long will sellers keep control?
In Brief Bitcoin has dropped more than 50% since its October peak, and analysts anticipate a continued correction. The implied volatility index BVIV fell 5% to 47%, ending two consecutive weeks of gains. CoinMarketCap’s Altcoin Season indicator remains stuck at 49/100, signaling widespread market hesitation. Derivatives Confirm Investors’ Caution Positioning data on futures contracts paint an unpromising picture. Over the last 24 hours, more than 200 million dollars in positions were forcibly liquidated, the majority being longs. Open interest on bitcoin has returned to early-month levels, erasing the advance to 775,000 BTC recorded on Friday.
On Deribit, BTC options continue to favor puts. The 60,000 dollar put option now shows nearly a billion dollars in open notional interest, compared to 1.11 billion for the 80,000 dollar call option. If the price falls below this level, the next significant cluster of options is at 50,000 dollars, with 712 million dollars in open interest.
The adjusted cumulative 24-hour volume delta remains negative for 22 of the top 25 tokens. Sellers dominate flows, placing market orders rather than limit orders.
Solana Rebounds, But Durability Questions Remain Unanswered Solana has risen more than 13% since Thursday, after touching its lowest level since the end of 2023 earlier this month. However, this rebound has not convinced investors to take leveraged positions. Open interest on SOL remains high at 72.70 million SOL, just below the record 76 million reached on June 24, suggesting potential for increased volatility.
AVAX shows a similar situation. Despite rising more than 5% last week, open interest continued to decline, falling to 38.07 million tokens, its lowest since April 1. A rebound without conviction, which positioning data struggles to validate.
Meanwhile, some analysts highlight that bitcoin operates in a zone of historical undervaluation according to long-term indicators, with the current price below its 200-day moving average less than 10% of the time across its entire history.
The overall picture remains unfavorable in the short term. Massive liquidations, the decline in open BTC positions, and persistent apathy towards altcoins all point to the same diagnosis: investors are waiting, without conviction to buy.
The Altcoin Season index stuck at 49/100 confirms that the market will only regain altitude if bitcoin clearly breaks above 60,000 dollars. A single trigger could change the dynamics: a weekly close above this threshold. For now, sellers set the pace.
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Fenelon L.
Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
A wave of Solana memecoins carrying the name of influencer Ansem has gone parabolic, with one version running to tens of millions in market cap in under two weeks. But Ansem did not create most of them, has publicly disavowed several, and the eye-catching pump figures often do not survive a look at the chain. Here is what $ANSEM actually is, why it is trending, and what it teaches about influencer coins.
Summary
$ANSEM is not a single coin but a cluster of competing Solana memecoins built around the online identity of crypto influencer Ansem, real name reported as Zion Thomas, who created none of them. The dominant “Black Bull” version on Pump.fun ran from a market cap in the tens of thousands to tens of millions of dollars within roughly 10 to 12 days in mid-to-late June 2026. Ansem amplified the frenzy by criticizing the launchpad Pump.fun and pledging to airdrop his creator fees to the community, while at the same time disavowing other $ANSEM tokens as impersonations. Several viral pump figures circulating on aggregator trackers did not hold up against live on-chain data, a reminder to verify the actual contract before trusting a headline number. $ANSEM is best understood not as a coin to buy but as a live case study in how an influencer’s name spawns a swarm of speculative and copycat tokens, and how easily retail buyers get hurt. $ANSEM is the name shared by a cluster of competing Solana memecoins that sprang up around the online identity of the crypto influencer known as Ansem, whose real name is reported as Zion Thomas and whose verified account is @blknoiz06, and the single most important fact about it is that Ansem did not create these tokens and has publicly distanced himself from several of them. That makes $ANSEM less a single coin than a phenomenon: a recognizable name in crypto that, the moment it started trending, spawned a swarm of tokens using it, some promoted heavily, some outright impersonations, and no single official one among them. In late June 2026, one version branded as “The Black Bull” went parabolic on the launchpad Pump.fun, climbing from a market cap in the tens of thousands of dollars to tens of millions within roughly 10 to 12 days, while traders fought in what the culture calls the trenches over which $ANSEM coin, if any, was the real one. The story drew enormous attention, and it is a near-perfect illustration of how influencer memecoins actually work, who tends to benefit, and who tends to get hurt.
This guide treats $ANSEM the way it deserves to be treated: not as a coin to evaluate buying, but as a case study to learn from. Understanding it requires understanding who Ansem is and why his name carries weight, why there is no single official $ANSEM coin, how the frenzy unfolded and what catalyzed it, the disavowal and the copycats that complicate the story, the creator-fee twist that made it unusual, the gap between viral pump figures and on-chain reality, and the genuine risks that influencer memecoins carry for the people who chase them. The aim is that by the end, a reader could recognize the pattern the next time a famous name starts trending and a wall of tokens appears using it, because that pattern repeats constantly, and $ANSEM is simply its latest and loudest example. The lesson is in the mechanics, not the ticker.
Who Ansem actually is To understand why a memecoin built on his name could run so far so fast, you have to understand the standing Ansem holds in crypto. Zion Thomas, who goes by Ansem and is sometimes called “The Solana Guy,” is one of the most-followed voices in the space, with roughly a million followers on the platform X. His reputation rests on a real track record: he was an early and vocal supporter of Solana and of memecoins like Dogwifhat and Bonk, and he is widely credited with calling Solana’s enormous 2023 rally, when the token climbed from around $8 to nearly $300. He has a background in computer science from Georgia Tech and worked as a software engineer before moving into crypto full time, and he holds a research role at an investment firm.
That combination of early correct calls, technical credibility, and a massive audience is why his name carries weight, and why a token attached to it can attract a flood of speculative buying on attention alone. But the picture is not uniformly flattering, and an honest explainer has to include the criticism, because it is directly relevant to the risks of any coin bearing his name. Ansem has drawn sustained accusations that he uses his influence to promote low-cap memecoins that spike and then collapse. In late 2024, the prominent on-chain investigator ZachXBT publicly accused him of promoting micro-cap coins in a way that resembled pump-and-dump dynamics, hyping risky tokens to a large following, watching them briefly surge, and leaving late buyers with losses.
These remain accusations rather than proven findings, and Ansem has his defenders, but the pattern they describe is exactly the danger retail buyers face with influencer coins. Notably, Ansem himself has at times acknowledged the problem: he has publicly admitted that supporting some celebrity-backed memecoins was a mistake, citing misaligned incentives that hurt retail investors. That admission is worth holding onto, because it comes from the very person whose name is now attached to a fresh memecoin frenzy, and it captures the core risk better than any outside critic could. In influencer memecoins, the audience is often the liquidity, and the audience is usually the last to understand that.
There is no single $ANSEM coin The most common and costly misunderstanding about $ANSEM is the assumption that it refers to one coin. It does not. When Ansem’s name began trending, multiple distinct Solana tokens using the $ANSEM name appeared at the same time, and there is no single official one that Ansem created or endorsed as the canonical version. This is not unusual; it is the standard sequence in crypto. A well-known name starts trending, and within minutes a swarm of tokens appears using it, deployed by different anonymous creators all hoping their version becomes the one the market settles on.
The result was a chaotic competition, with the trading community flipping between rival $ANSEM coins and no clear winner crowned as the real one for a stretch, a dynamic participants describe as a player-versus-player battle in the trenches. Out of that scramble, one version did come to dominate the narrative: a coin branded as “The Black Bull,” launched on the Pump.fun launchpad in mid-June 2026, which became the token most associated with the headlines as it ran to tens of millions in market cap. Even so, the existence of that dominant version does not change the underlying reality that the name was contested and that other $ANSEM tokens continued to circulate alongside it, including ones Ansem explicitly disavowed. For anyone encountering the trend, the practical implication is severe: there is no safe assumption that a token labeled $ANSEM is the one being discussed, is endorsed by Ansem, or is anything other than an opportunistic deployment by a stranger.
The name on the token tells you almost nothing about who made it or whether it is connected to the person it references. That single fact, that the name is not the coin, is the first and most important thing to internalize about $ANSEM and about every influencer memecoin like it. This is whyverifying contracts and accounts matters before believing any viral ticker. A famous name can become a trap when anyone can attach it to a contract.
How the frenzy unfolded The timeline of the $ANSEM surge shows how quickly attention converts into market cap in this corner of crypto, and what lit the fuse. The dominant Black Bull version gained real traction around the middle of June 2026 and then, over roughly 10 to 12 days, went parabolic, rising from a starting market cap reportedly in the tens of thousands of dollars to a level above $50 million and then $60 million at its peak, accompanied by gains measured in thousands of %. On-chain trackers recorded enormous short-window moves, with one tracker reporting a single-day surge of well over a hundredfold at one point, the kind of move that draws the entire trading community’s attention and pulls in waves of new buyers chasing the run.
ANSEM price chart, source: DexScreener A specific catalyst supercharged the move. Ansem publicly criticized Pump.fun over how it handled rewards to users, and declared that he would deliver a financial boost directly to retail traders, a gesture he framed in the community’s own language. In a widely shared post on June 28, 2026, he wrote that he “had to give the trenches a stimmy since pump refuses to,” using slang for handing money to on-chain traders. That narrative, an influencer taking the side of small traders against the platform, spread rapidly across crypto social media and triggered a fresh wave of speculative buying that lifted the token’s valuation further.
The frenzy also minted dramatic individual outcomes that became their own marketing: in one widely reported case, a trader who put roughly $2,300 into an ANSEM-named token saw the position balloon to more than $600,000 after a parabolic rally, a return of tens of thousands of %. Stories like that, true but extraordinarily rare, are exactly what pull more people into the next frenzy, which is why they deserve to be read with as much caution as excitement. The setup also show how the launch pricing worked, because these early Solana memecoin moves often begin on bonding curves before attention pushes them toward graduation or collapse. The bigger the screenshot gain, the more important it becomes to ask who bought before the crowd and who is left buying after the move.
The disavowal and the copycats Running directly against the bullish narrative is a fact that anyone tempted by $ANSEM needs front and center: Ansem publicly disavowed tokens trading on his name. According to posts reported from his verified account, he distanced himself from the activity, indicating that the coin being promoted was not him and that he was not endorsing any micro-cap tokens, and he clarified that he had only linked his account to a launchpad address to prove that he could, not to bless any particular coin. In other words, the person whose name was driving tens of millions of dollars in speculative value was, at the same time, telling people he had not created these tokens and was not endorsing them. That is a glaring contradiction at the heart of the trend, and it is the single clearest warning sign attached to it.
The disavowal points to the deeper pattern, which is the real lesson of $ANSEM. A recognizable crypto name reliably spawns a cluster of copycat and impersonation tokens, the overwhelming majority of which the named person never touched, because on a permissionless launchpad anyone can deploy a token and call it whatever they want. The Ansem case is a textbook instance: a swarm of $ANSEM tokens, no official one, and the real Ansem distancing himself from the activity even as it raged. The danger goes beyond merely buying the wrong version.
Ansem’s identity has been abused by outright impersonators before; reports describe a 2024 impersonation that phished roughly $2.5 million from victims, an event that had nothing to do with Ansem himself but used his name and likeness to steal. The takeaway is blunt: when a name is trending, impersonation and copycatting are not edge cases but the norm, and a token carrying a famous name should be treated as unaffiliated and unsafe until proven otherwise, a standard that becomes absolute when the person has publicly disavowed it, as Ansem did. The same pattern has appeared around other high-profile names and brands, including fake tokens designed to mimic official launches. That is why the first question should never be “how much is it up?” but “who actually created this contract?”
The creator-fee twist that made it unusual One feature did set the $ANSEM episode apart from the typical influencer-coin story and helps explain both its momentum and the debate around it. Rather than simply launching his own token to capture the speculative interest, which is the usual influencer playbook, Ansem leaned into a different mechanic tied to how the Pump.fun launchpad pays out fees. Pump.fun routes a share of trading fees to a token’s associated creator account, and screenshots of Ansem’s launchpad profile indicated he had accumulated substantial creator fees, reported in the area of several hundred thousand dollars. In response to community suggestions, he announced that, instead of pocketing those fees, he would airdrop portions of them back to the community of traders, framing it as giving the trenches the boost the platform would not.
This redistribution, returning earned fees to holders rather than extracting and exiting, was received notably well in a culture used to influencers benefiting at retail’s expense, and it reinforced the narrative that Ansem had “skin in the game.” Indeed, reporting on his launchpad wallet suggested a very large exposure to the token, with a holding worth tens of millions of dollars making up the overwhelming majority of that wallet’s value. Supporters read this as alignment: the influencer profiting only if holders profit. Skeptics read it differently, noting that a huge personal position and a fee-airdrop program are also powerful tools for sustaining hype around a token the influencer benefits from, and that the same dynamics ZachXBT criticized, an influencer’s attention inflating a coin’s price, are present whether or not fees are shared.
Both readings can be true at once. The creator-fee twist made $ANSEM a more interesting and arguably more community-friendly episode than the average influencer coin, but it did not remove the underlying risk that the value rests on one person’s attention and could evaporate the moment that attention moves on. For context, the fee airdrop at the center of it belongs to a broader memecoin-launchpad incentive system where creators can earn from trading activity. Fee sharing can create alignment, but it can also keep attention locked on a coin long enough for others to exit.
The gap between the pump figures and the chain A practical skill that the $ANSEM episode teaches, and one worth far more than any single trade, is the habit of checking on-chain reality against viral headline numbers, because the two frequently diverge. Some of the most eye-catching figures circulating during the frenzy, such as a roughly 1,900% single-day gain alongside a multi-million-dollar market cap, came from aggregator trackers and did not hold up when checked against live blockchain data. In at least one case, the token most associated with a headline pump turned out, on inspection, to be a coin dating to 2024 that had retraced to a market cap of only tens of thousands of dollars, with thin liquidity and minimal daily volume, a brief pump and fade instead of a sustained multi-million-dollar coin. Public data even dated that token’s all-time high to early 2024, which sat oddly with a supposedly brand-new 2026 surge.
The lesson is concrete and repeatable: never take an aggregator pump figure at face value without finding and verifying the actual contract address and reading the token’s real holder and liquidity profile. Aggregator trackers can display figures for tokens that are barely traded, can attach a trending name to the wrong contract, and can report point-in-time spikes that have already collapsed by the time a reader sees them. The discipline that protects you is to identify the specific contract, confirm it against the real person’s verified account where relevant, and screen it for safety using on-chain tools before believing any number attached to it. On Solana, traders commonly use a token-safety screener and a dedicated risk checker to read holder distribution, liquidity depth, and contract red flags before acting.
This habit, verifying the chain instead of trusting the headline, is the single most valuable thing the $ANSEM frenzy can teach, because it applies to every trending name that will follow. The same lesson appears whenever scammers reuse well-known names, whether they imitate a celebrity, a protocol, or a market-data brand. A ticker is not identity, and a chart is not verification. The chain is where the claim has to survive.
A worked example: telling the real from the fakes To make the lesson usable, walk through how a careful person would have navigated the $ANSEM trend in real time, because the same steps apply to any influencer-name frenzy. Suppose you see the name $ANSEM trending and a post claiming a particular token is the official Ansem coin, up thousands of %. The first step is to assume nothing: a trending name attached to a token is, by default, unaffiliated until proven otherwise. The second step is to find the actual contract address being promoted, not just the ticker, since dozens of tokens can share the name $ANSEM while having entirely different contracts.
The third step is to check the real person’s verified account directly. In this case, doing so would have surfaced Ansem’s own posts distancing himself from tokens trading on his name and stating he was not endorsing micro-caps, which is a decisive red flag against treating any of them as official. The fourth step is to screen the specific contract on a Solana safety tool, reading the holder distribution, the liquidity, and any contract warnings. A token where a tiny number of wallets hold most of the supply, or where liquidity is thin, is one where a few holders can crash the price at will.
The fifth step is to compare the on-chain figures with the viral claim; if the chain shows a token that has already retraced to a fraction of the headline market cap, the claim is stale or misleading. Running these steps during the $ANSEM frenzy would have revealed exactly the situation this guide describes: multiple competing tokens, no official one, a disavowal from the named person, and headline figures that the chain did not support. The point of the exercise is not that doing this guarantees a profitable trade; it is that it protects you from the most common and costly mistakes, which are buying an impersonation, chasing a stale pump, or trusting a famous name as if it were due diligence.
The worked example is really a checklist for skepticism, and skepticism is the only durable edge in this part of crypto. When a token’s story rests on a famous name, the burden of proof should be higher, not lower. If the contract, liquidity, holder distribution, and verified account do not line up, the safest conclusion is that the coin is not what the crowd says it is. That is especially true when the person whose name is being used has already denied involvement.
Risks: why a name is not a reason to buy Stepping back, $ANSEM concentrates nearly every risk that makes influencer memecoins dangerous, and naming them plainly is the most useful thing this guide can do. The first is extreme volatility: tokens like this can rise thousands of % and fall just as fast, and a coin that is up a hundredfold one day can be down 90% the next, with most such tokens ultimately trending toward zero. The second is the copycat and impersonation problem already described, where the name on a token tells you nothing about who made it, and where buying the wrong contract or an outright scam is a constant hazard. The third is the disavowal itself: when the person a coin is named after publicly states it is not theirs and that they do not endorse it, that is not a detail to trade around but a signal that the coin’s entire premise is unsupported.
The fourth risk is the pump-and-dump dynamic that critics, including ZachXBT, have attributed to influencer-driven micro-caps, where attention inflates a price that collapses when the attention moves on, leaving late buyers holding losses, a pattern Ansem himself has acknowledged can hurt retail. The fifth is the absence of any fundamental value: these tokens have no product, no cash flow, and no utility; their price is pure attention and speculation, which makes them closer to gambling than investing. That is also the scam pattern to watch for in celebrity or influencer-linked micro-caps, even when the token does not follow a classic liquidity-drain rug. The underlying danger is that attention becomes the product and late buyers become the exit.
The honest framing, which the responsible sources on this episode share, is that there is no official Ansem coin to buy, that any token using the name should be assumed unaffiliated until proven otherwise, and that chasing a celebrity name on vibes alone is among the fastest ways to lose money in crypto. None of this is a judgment of Ansem personally, who has at times warned about these very dynamics; it is a description of how the mechanism works and whom it tends to harm. The name is the bait. It is not, and never is, a reason to buy.
Frequently asked questions Is there an official $ANSEM coin? No. There is no single official $ANSEM coin created or canonically endorsed by Ansem. When his name began trending, multiple distinct Solana tokens using the $ANSEM name appeared at once, deployed by different anonymous creators, and Ansem publicly distanced himself from tokens trading on his name, indicating he was not endorsing micro-caps. One version branded “The Black Bull” came to dominate the headlines after running to tens of millions in market cap, but its prominence does not make it official, and other $ANSEM tokens, including impersonations, circulated alongside it. The safe assumption is that any token using the name is unaffiliated until proven otherwise.
Who is Ansem? Ansem, whose real name is reported as Zion Thomas, is a prominent crypto influencer with roughly a million followers on X, sometimes called “The Solana Guy.” He has a computer science background and a research role at an investment firm, and he built his reputation as an early supporter of Solana and memecoins, widely credited with calling Solana’s 2023 rally from around $8 to nearly $300. He is also a controversial figure: the investigator ZachXBT accused him in 2024 of promoting low-cap memecoins in a pump-and-dump-like pattern, and Ansem has himself admitted that supporting some celebrity-backed memecoins was a mistake due to misaligned incentives that hurt retail investors.
Why is $ANSEM trending? A combination of factors. Ansem’s name carries weight after years of influence and a famous correct call on Solana, so tokens using it attract attention automatically. The frenzy accelerated when he publicly criticized the launchpad Pump.fun over its handling of rewards and pledged to airdrop his accumulated creator fees back to traders, framing it as giving the community a boost the platform would not. That narrative spread quickly, dramatic individual gains became their own marketing, and the dominant version ran to tens of millions in market cap. The trend sits within a broader meta of influencer-linked memecoins on Solana, where a famous name plus social momentum can move a token enormously in days.
How do I avoid buying a fake influencer coin? Treat any token bearing a famous name as unaffiliated until proven otherwise. Find the specific contract address being promoted, not just the ticker, since many tokens can share a name. Check the real person’s verified account for whether they actually launched or endorsed it; a disavowal, as with Ansem, is a decisive red flag. Screen the contract on a Solana safety tool to read holder distribution and liquidity, watching for a tiny number of wallets holding most of the supply or thin liquidity. Compare on-chain figures against viral claims, since aggregator pump numbers often do not match reality.Never treat a celebrity name as a substitute for verification. Famous names are exactly what scammers and opportunistic deployers use because they create instant attention. The safest first assumption is that the token is not official unless the person or project proves otherwise from a verified channel. Even then, the contract itself still needs to be checked.
Is $ANSEM a good investment? This guide does not recommend buying it or any memecoin, and the honest answer is that $ANSEM carries the full set of risks that make influencer memecoins dangerous. It has no product, cash flow, or utility; its price is pure attention and speculation. It is extremely volatile, with most such tokens trending toward zero. There is no official version, copycats and impersonations are rampant, and the named influencer publicly disavowed tokens using his name.Critics have described influencer micro-caps like this as prone to pump-and-dump dynamics that harm late buyers. Treat any participation as high-risk speculation closer to gambling than investing, and never risk money you cannot afford to lose. The educational value of $ANSEM is not that it offers a clean trade, but that it shows how influencer-name tokens form, spread, and hurt careless buyers.
This article is educational information, not financial advice or an endorsement of any token. Details about $ANSEM, Ansem, market caps, and on-chain figures reflect reporting available as of June 29, 2026, are point-in-time, and can change rapidly. Memecoins are extremely high-risk and frequently lose most or all of their value. References to individuals reflect reported information and, where noted, unproven allegations. Verify any contract independently and consult a qualified professional before making any decision.
Solana has once again taken center stage in the crypto markets, declining by about 1.82 percent in the last 24 hours and trading around $70.67. While maintaining support above the $70 mark signals that buyers remain active in the short term, analysts caution that a clear trend reversal has yet to be confirmed.
The downward trendline emerges as a make-or-break thresholdCharts shared by analysts show SOL testing its persistent downward trendline following a long correction phase. Technically, the crucial zone lies between $72 and $75. Reclaiming this range could set $80 as the next major target for the bulls.
A convincing breakout above the descending trendline could offer solid confirmation for SOL’s short-term outlook, while surpassing the $80 level might revive talk of testing the $90 region.
Conversely, a fresh rejection at the trendline raises the probability of SOL retreating to the $65–$68 range. As such, the current recovery attempt is still viewed with caution from a technical perspective.
Eyes on $80: Breaking it could open the path toward $90 and $95In the current market climate, the $80 level is considered the first significant upward threshold. Overcoming this barrier would suggest the recent market bounce is more than a fleeting relief rally. Should this scenario play out, traders will eye the $90 region, with $95 emerging as a subsequent recovery milestone.
A similar pattern is evident at daily closes. Analysts note that the bullish outlook remains unconfirmed until SOL closes a daily candle above the descending trendline. Cautious sentiment is further supported by the weekly MACD indicator, which has yet to display a definitive bullish crossover.
Tokenized equity volume on Solana draws attentionBeyond the price chart, Solana’s on-chain metrics are strengthening the network’s narrative. In a notable development, the daily trading volume of tokenized equities on the platform soared to $553 million. This indicates that Solana’s network activity now extends well beyond crypto trading and meme coin speculation.
Glossary: A tokenized share is a digital representation of a traditional company stock on the blockchain. This enables price tracking and on-chain trading similar to conventional equities via specific platforms.
Liquidity data highlights the critical importance of the current price area for SOL. Prominent liquidity clusters are visible near $90 above and $50 below. If SOL can maintain footing above $70 and break through the $75–$80 band, the market may see an attempt to reach $90. Conversely, losing the $70 support could put the $65 to $60 range back on the table.
Falling wedge pattern dominates the long-term structureOn a broader time horizon, SOL is seen consolidating within a large falling wedge formation. If it can break out of this structure, the long-term theoretical target could stretch as far as $233.23. However, analysts emphasize this is not a short-term expectation; major resistance levels at $80, $95, and subsequently above $100 must be overcome first.
For now, the outlook remains cautiously positive as long as SOL holds above $70. Yet, the decisive requirement for a sustained bullish move is a clear break through $80—an essential signal for market participants watching the next key level.
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.
