Decentralized exchange spot trading rose to about 24% of centralized exchange volume in July 2026, according to The Block’s current DEX-to-CEX data series.
Summary
July’s DEX-to-CEX spot ratio reached about 24%, according to The Block’s current data series estimate. DefiLlama’s trailing data ranked Solana, BNB Chain and Ethereum among the largest spot ecosystems globally. Robinhood Chain added July activity after Uniswap deployed four protocol versions from its first day. The reading was described as the strongest shown in the current series and continued a broader rise in onchain market share since 2024.
The Block calculates the measure by dividing monthly DEX volume by volume on a selected group of centralized exchanges. Its dashboard includes the top 30 decentralized exchanges by volume from DefiLlama. Therefore, the figure does not mean DEXs handled 24% of combined spot trading. It means DEX activity equaled roughly 24% of the covered CEX total.
DEX Spot Volume Reaches Record 24% of CEX Volume, Highest Since Tracking Began in 2019
According to The Block, citing DefiLlama data, DEX spot trading volume rose to about 24% of CEX volume in July 2026, the highest level since the series began in 2019. The ratio stayed below… pic.twitter.com/H6F06lHP8g
— Wu Blockchain (@WuBlockchain) August 2, 2026 DEX spot volume ratio reaches about 24% in July The July figure followed a faster expansion that began in 2025. The ratio remained below 10% for much of 2024 before rising as traders increasingly used permissionless markets for memecoins, newly issued assets and products unavailable on large centralized platforms.
However, the reading also came during a weaker period for centralized spot trading. Talos reported that total exchange spot volume fell 28% quarter over quarter to $2.32 trillion in the second quarter of 2026. Lower CEX activity can lift the ratio even when DEX volume does not reach an absolute record.
Current DefiLlama data shows that activity remains spread across several networks. Its Aug. 2 trailing 30-day rankings listed Solana at about $49.86 billion, BNB Chain at $31.04 billion, Ethereum at $28.84 billion and Base at $22.38 billion in spot DEX volume. Robinhood Chain added another $14.48 billion over the same rolling period.
New chains and wider token access supported onchain trading Robinhood Chain was one of July’s clearest new sources of DEX activity. Uniswap Labs announced that Uniswap v2, v3, v4 and UniswapX went live on the network on July 2, one day after its public mainnet launch. The deployment supported crypto assets and Robinhood Stock Tokens through Uniswap’s web app, wallet and API.
CoinDesk Data later estimated that Robinhood Chain averaged about $690 million in daily DEX and aggregator volume over a seven-day period. Activity peaked at $943.6 million on July 11, while Uniswap accounted for about 99.5% of the network’s seven-day DEX volume.
The stock tokens were available in more than 120 countries but were not offered to U.S. users. Early trading also included memecoins rather than being limited to tokenized equities and other real-world assets.
As crypto.news reported, Robinhood Chain drove a sharp increase in Uniswap activity and passed $1 billion in cumulative swap volume during its first ten days. However, the role of speculative tokens makes sustained activity more important than launch-week totals.
Other ecosystems entered July with established onchain liquidity. Solana DEX volume exceeded $800 billion during the first part of 2025, while Jupiter remained a major routing layer for trades.
The “record” description needs a methodology caveat The claim that July produced the “highest level since tracking began in 2019” requires qualification. The Block’s current chart supports the reported July reading, but older reports from the same publisher described higher figures under earlier versions of its data.
In June 2025, The Block reported that DEXs reached 25% of CEX spot volume during May. One month later, it reported a 29% ratio for June. Both historical figures are above July 2026’s roughly 24% reading.
The difference may reflect historical data revisions, changes in the exchanges counted or adjustments to volume filtering. However, the public description on the current dashboard does not explain why its historical readings differ from the publisher’s earlier articles.
A separate CoinGecko study used a different group of exchanges. It placed DEX spot share at 24.5% in June 2025 before the measure returned to about 13%–14% by January 2026. CoinGecko linked the earlier peak partly to Binance Alpha 2.0 routing trades through PancakeSwap.
CoinGecko’s top-20 exchange coverage and The Block’s current top-30-DEX methodology are not directly interchangeable. July can therefore be described safely as the highest reading in the current cited series. Calling it an uncontested market-wide record would go beyond the available methodology disclosures.
What comes next for the DEX-to-CEX ratio The August reading will show whether the ratio can remain near one-quarter of covered CEX volume after July’s new-chain activity settles. Traders will also watch whether Robinhood Chain retains its early volume and whether Solana, BNB Chain, Ethereum and Base maintain their current pace.
Absolute volume will matter alongside market share. A rising ratio caused mainly by falling CEX activity would describe a different market structure from one driven by growing DEX liquidity, more users and deeper trading pools. Changes to protocol coverage or the exchanges included in the calculation could also revise historical readings.
No verified token-price move can be attributed solely to July’s ratio. The data shows where spot trades occurred, not why individual assets moved. The next completed monthly datasets should provide a clearer test of whether July marked a durable change or a temporary peak connected to new products and network launches.
While crypto security conversations still center on smart contract bugs and bridge exploits, a far more personal threat is accelerating. Michael Coates, the newly appointed Chief Information Security Officer of the Solana Foundation, has publicly warned that artificial intelligence is enabling scams that are vastly harder to detect than traditional phishing. The original report details Coates’ view that AI vulnerabilities and synthetic identities will drive the next major wave of blockchain security failures.
Coates’ warning lands at a moment when Solana’s ecosystem is again attracting heavyweight developer interest. Recent developer activity data places Solana among the most active blockchain networks, a standing that naturally expands the target surface for attackers. High network usage combined with a growing retail audience creates exactly the conditions where AI-enhanced social engineering can extract the most value.
How AI Is Reshaping the Scam Landscape Generative models have fundamentally changed the economics of fraud. Deepfake video calls, voice clones of known contacts, and personalised messages scraped from social platforms now cost almost nothing to produce. A scammer no longer needs broken English and a suspicious link; they can impersonate a support agent from a legitimate project with startling accuracy. Coates’ concern is that static security checks—passwords, seed phrases, even two-factor authentication—cannot protect a user who is convinced they are speaking with a real representative.
For the everyday holder, this means the old advice of “check the URL” is losing its power. Phishing campaigns already use AI to generate clean, context-aware messages that bypass spam filters. Synthetic ID images bypass exchange KYC checks. When a fake profile passes a visual inspection and a video call feels real, the social layer of crypto security collapses. The Solana Foundation’s new CISO is essentially arguing that user-facing identity breaches will outpace protocol-level hacks in frequency and damage.
Implications for Solana and the Wider Ecosystem The Solana network, with its emphasis on consumer-grade speed and low fees, attracts a broad demographic of users who may not have deep technical knowledge. That demographic is precisely the one most vulnerable to AI-generated confidence tricks. A protocol with 400-millisecond block times and near-zero fees is not a shield against a fake support call that extracts a private key. The foundation’s decision to bring in an experienced security voice like Coates signals an internal recognition that infrastructure security is no longer enough.
Moreover, AI-driven features are being woven directly into Web3 applications at an accelerating pace. Partnerships that fuse decentralized computing with AI are unlocking new utility, but they also expand the attack surface. Every integration becomes a potential vector for a scammer who understands how users interact with AI-assisted interfaces. The same tools that personalize a DeFi dashboard can be repurposed to mimic it identically.
Regulatory and Defensive Gaps The warning arrives against a backdrop of slow-moving policy. While lawmakers debate landmark crypto bills in the US, banks are lobbying to reshape market-structure legislation that largely ignores the AI scam problem. Regulatory drafts focus on custody, token classification, and exchange rules—not on synthetic identity verification or the liability of platforms that fail to detect AI-generated fraud. The timeline for any legislative fix is years behind the speed at which open-source generative models evolve.
For Solana specifically, the foundation is now forced into a proactive defense posture without a regulatory playbook. Education campaigns and tighter identity verification layers become the immediate, imperfect tools. What remains uncertain is whether user-focused defenses can scale across a permissionless ecosystem without eroding the very openness that made it valuable. Coates’ appointment acknowledges the threat; it does not resolve the tension between security and accessibility. If AI scams continue to improve at their current pace, the entire sector will face a reckoning over how to vet who—or what—is really on the other side of the screen.
AUTHOR
Kester is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media. In addition to being a skilled content writer, Mushumir is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushumir enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for BlockchainReporter.
Solana continues to trade near a pivotal technical area after extending its downward move toward the $67 support zone. Despite maintaining a bearish short-term outlook, the loss of selling momentum and emerging structural similarities to SOL’s accumulation pattern from 2022 and 2023 have sparked speculation that the token may be forming a long-term bottom.
Accumulation Patterns and Resistance ZonesAnalysts studying Solana’s recent performance note that its three-day SOL/USDT chart depicts consolidation near the lower edge of the projected 2026 trading range. The decline from the highs around $240 has stalled well below a significant resistance band between $95 and $100. This area now serves as the primary level that bullish traders need to reclaim to launch a possible recovery.
The current technical formation resembles the structure seen during the multi-month accumulation phase from 2022 to 2023. During that period, Solana traded beneath a similar horizontal resistance for several months, with price action gradually stabilizing. A later breakout past this threshold turned resistance into support, setting the stage for a sustained upward trend.
Solana’s movement shows comparative patterns to its previous cycle bottom, but price must decisively reclaim the $95-to-$100 resistance for the structure to confirm an established bottom.
A similar configuration could now be emerging. Solana’s recent decline has halted, with price entering a narrower range and downward pressure starting to subside. However, this does not conclusively signal that a bottom has formed, as the asset remains below the highlighted resistance zone.
Bullish RSI Divergence and Key LevelsTechnical indicators offer additional insight into current market momentum. The relative strength index (RSI)—a common momentum indicator—has recently produced a higher low, despite Solana printing new price lows. This divergence suggests that sellers are losing strength and a reversal may be approaching. Similar bullish RSI divergence was noted near the previous market bottom for Solana.
Mini dictionary: Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements, often used to identify overbought or oversold conditions in an asset.
Yet, analysts remain cautious. For confirmation of a long-term bottom, Solana needs to reclaim and sustain levels above the $95-to-$100 resistance zone on the three-day chart. If achieved, this move would support a stronger recovery case and potentially lead to a push toward higher resistance thresholds. If the token closes below recent range lows around $60, the current comparison with the 2022-23 base would weaken, pointing to a need for further support establishment.
LevelRoleImplication if breached$95–$100Major resistanceBreak and hold signals potential trend reversal$67–$67.45Key supportBounce could initiate recovery, breakdown raises risk of further decline$60–$62Lower demand areaBreach signals increased downsideShort-Term Targets and Potential ReboundFocusing on more immediate trading action, Solana is hovering close to the $67.45 support level following a substantial pullback from late-July highs. This zone is seen as a likely swing-long opportunity, provided bulls can protect it. The daily SOL/USDT chart analysis shows the token trading around $71.87, having rejected the $78 resistance and trending toward its anticipated target near $67.47.
This support region holds added relevance because it previously operated as both resistance and support earlier in June. Historically, Solana bounced sharply after dipping below this band, marking it as a focal point where buyers might attempt to regain initiative.
Should Solana successfully defend $67.45, analysts would expect a short-term rebound toward the $70-to-$71 region, followed by a potential test of resistance near $78.38 to $79.04.
However, the outlined scenario is conditional and lacks confirmation. A clear daily close below $67.45 would invalidate rebound expectations, opening the way for another leg down to the $62-to-$63 range. As such, the coming days are likely to be decisive for Solana’s short- and mid-term outlook, with the $67 support acting as a critical battleground between sellers and buyers.
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 (SOL) is trading close to $73 after falling below key technical support levels on both its four-hour and 12-hour price charts. The current market behavior has highlighted increased downside risks unless the cryptocurrency can reclaim the $74.30 to $77 resistance area in the near term.
Solana slips below channel support, $68 and $60 targets in focusAnalysts observed that Solana has breached the lower boundary of a rising price channel on the four-hour chart, shifting the immediate technical outlook to favor further declines. The channel’s boundary, positioned at approximately $77, had acted as a pivotal support for SOL’s recent upward movement.
As a result of this breakdown, $68 stands out as the next potential support area. This level is aligned with an internal trendline within the broader channel and could function as a temporary stopping point if selling pressure continues.
If $68 does not hold, analysts note that the larger bearish target for Solana appears near $60. This represents the channel’s full depth and would mark a significant move away from the asset’s most recent highs.
A return above the previously broken $77 support zone is considered necessary for SOL to restore its bullish structure. Without sustained recovery above this level, the likelihood of further declines remains elevated.
Support/ResistancePrice LevelMajor resistance$74.30 – $77First downside target$68Bigger bearish target$60Upside recovery zone$84Upper channel boundary$92Unless Solana quickly reclaims the $77 region and holds above it, the technical bias continues to favor a move toward $68, or potentially as low as $60 if bearish momentum persists.
Confirmation for further downside would require repeated four-hour closes below the broken channel support. Any failed attempts to surpass the $77 level could reinforce the perception of that zone as renewed resistance.
Conversely, reclaiming $77 and turning it back into support could set the stage for a rebound targeting $84, with the possibility of testing the channel’s upper boundary near $92 in a more bullish scenario.
For now, with SOL trading below channel support, the outlook remains cautious. The next move around $68 will likely determine whether the market finds temporary relief or continues toward the lower $60 target.
12-hour chart: Bulls await reclaim above $74.30 to $77On the larger 12-hour chart, Solana continues to trade below a previously important support area. EliZ, a well-known market commentator, highlighted that a clear bullish signal would require the asset to close back above the blue zone between $74.30 and $75.
This zone had provided support in earlier sessions, but after multiple failed holds, it is now acting as resistance. The intersection of the blue box and the chart’s rising black trendline gives this area added significance in evaluating the current trend structure.
Analysts emphasized that a true bullish shift depends on a decisive 12-hour close above this level, followed by successful defense during a subsequent retest. This could pave the way toward the recent swing highs in the $76 to $78 range.
Beyond that, the next substantial resistance area appears at $86, while a major horizontal barrier stands at $87.20. These levels would likely only come into play if buyers regain the upper hand and momentum improves meaningfully.
The $74.30 to $77 zone remains a critical confirmation point. Only a sustained breakout and defense of this area would provide stronger evidence that bulls are back in control.
If Solana remains below this main confirmation zone or breaks below recent lows near $72, the initial downside targets of $68 and $60 remain the key levels to watch.
Until the technical recovery is confirmed above $77, cautious positioning continues to dominate the short-term outlook for SOL.
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 Foundation CISO Michael Coates says crypto's biggest security threats are increasingly coming from AI-powered social engineering and compromised credentials, not just smart contract exploits, as attackers shift their focus to people rather than protocols.As the industry also prepares for the eventual arrival of quantum computing, Coates says Solana is evaluating post-quantum cryptography while advocating for security systems that protect users by default, arguing crypto must "meet users where they are" instead of expecting them to act as security experts.Over the last few months, crypto ecosystems have had major security incidents that were not caused by smart contract vulnerabilities, but rather because of more advanced compromises, like fake identities and AI-generated scams.
Those types of vulnerabilities will drive the next wave of blockchain security concerns, according to the chief information security officer (CISO) at the Solana Foundation, Michael Coates.
"You have to do everything that a Web2 company has to do for security, and the incremental uniqueness to Web3," Coates said in an interview with CoinDesk. "When you have adversaries that are definitely motivated and can take funds irrevocably, they are going to look for any mistake."
Coates, who was previously the CISO at Twitter, and led security at Mozilla during the browser wars, joined the Solana Foundation earlier this year. That role means that not only is he securing the foundation itself, but he's also working with Solana ecosystem projects to bring strong security practices to their networks and projects, and meeting with regulators to set up the right cybersecurity standards.
While exploits in crypto often grab headlines because of the sheer amount of money that gets stolen, Coates emphasized that many of these hacks actually originate outside of blockchain compromises themselves. "In many cases, it is an operational security issue or a Web2 issue that led to a key compromise," he said.
This will only prove to be more difficult as artificial intelligence advances gives attackers better tools to exploit security practices.
"The social engineering piece is going to get a lot worse because of the power of AI and deepfakes," Coates said. "We should expect full spoofed phone calls with voices of people that we know... there's really no reason this won't hyperscale.
To prevent that, Coates thinks crypto needs to come up with better systems that remain secure and work when people fall for these scams.
"You cannot fully prevent anyone from falling victim," he said. "Eventually, you will be fooled because the cons are that good." Organizations should thus have multiple layers of various degrees of security controls, so "when someone gets fooled, the other things take over to protect you."
For the longer-term, the question of quantum computing largely looms on various crypto ecosystem’s futures, including that of Solana.
"The challenge with quantum readiness is we don't know when the Q-day will hit," he said. "The way to prepare for this is known. It is adopting the post-quantum algorithms." As part of that, the Solana Foundation has come out with its own strategy to prepare for that day.
Whether the security exploit comes from AI scams or quantum computing, Coates said the industry's success will hinge on building systems that protect users by default rather than expecting them to become security experts.
"We need to meet the users where they are, and we need to make the default secure decision for the user, " he said.
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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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.
Anza, a developer-focused company advancing the Solana blockchain platform, has announced a new cryptographic proposal named Quantumglow. The initiative aims to enhance Solana’s security by making its network resilient against potential quantum computing threats, while maintaining its signature speed and execution capacity.
Introducing Quantumglow for post-quantum securityQuantumglow will provide an upgrade to Solana’s current Alpenglow protocol, which forms the consensus and execution layer of the Solana blockchain. Anza stated that this adaptation will allow Solana to support post-quantum signature schemes without compromising the efficiency of reaching consensus on the network.
The developers at Anza have emphasized that this move is a proactive response to growing concerns about future cyber-attacks that could potentially exploit cryptographic vulnerabilities, particularly those stemming from ECDSA and Ed25519 keys, with the advent of quantum computers.
Quantumglow has been created to introduce quantum-resistant cryptography to Solana’s network, ensuring that post-quantum signature schemes can be adopted while preserving Solana’s speed and performance.
The project remains in the research phase, with no specific release date announced. Anza aims to ensure that Solana stays ahead of potential regulatory changes affecting cryptographic standards, reflecting a broader trend in the blockchain industry toward enhancing resilience ahead of attempted standardization.
Mini dictionary: Alpenglow, Solana’s consensus and execution layer, enables the decentralized network to process and validate transactions rapidly, underpinning Solana’s reputation for high throughput.
Impact on validators, developers, and the broader ecosystemQuantumglow’s deployment is expected to require extensive adaptation from various participants in the Solana ecosystem. This includes validators, developers, institutions, and exchanges operating on Solana’s blockchain. Validators, responsible for operating the network’s infrastructure, will likely play a key role in implementing the new verification processes introduced by the quantum-resistant protocol.
Supporters claim that integrating quantum-resistant signatures could significantly reduce long-term security risks for Solana. Financial regulators tracking digital asset security may also view this move as evidence that Solana prioritizes network safety in anticipation of future regulatory demands.
Quantumglow reflects an industry-wide push for higher blockchain security as quantum computing capabilities advance, keeping performance intact without delay for post-quantum cryptography.
While some other blockchain protocols have begun exploring quantum-resistant cryptography, Anza’s proposal distinguishes itself by maintaining Solana’s established high-performance standards. As the crypto sector anticipates future advances in quantum computing, Solana and its developer partners aim to set a precedent for robust and scalable security measures.
Further details regarding the rollout and technical specifications of Quantumglow are expected as research and development progress continues within Anza’s teams.
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.
The SEC has delivered an unusually blunt ultimatum to lawmakers: if the CLARITY Act stalls, the agency will write its own crypto market rules. The statement, flagged in the latest weekly roundup, injects fresh unpredictability into a regulatory process that already faces heavy bank lobbying. The warning came during a week that also saw Morgan Stanley launch spot Ethereum and Solana exchange-traded products and BNY Mellon move fund recordkeeping on-chain.
The SEC’s posture effectively raises the stakes on a bill that has been teetering in the Senate. With less than four days before a scheduled vote, major banking interests have been pushing to weaken or stall the legislation, as detailed in reports on the bank lobbying effort. The agency’s willingness to act unilaterally signals that senior officials do not intend to leave the market in a regulatory vacuum, even if Congress fails.
Morgan Stanley Opens Spot ETPs on Two Chains On the product side, Morgan Stanley’s decision to list spot ETH and Solana ETPs marks a notable expansion beyond Bitcoin. While Bitcoin spot ETPs have been available in the US since early 2024, Ethereum and Solana products represent a deeper push into programmable blockchain exposure. The launch comes as traditional asset managers continue to test institutional appetite for multi-asset crypto baskets.
Solana’s inclusion is particularly striking. The network has drawn attention for its high throughput and growing developer base, but it has also faced outage concerns and regulatory ambiguity. Morgan Stanley’s move suggests that the bank’s wealth management clients are interested in exposure that goes beyond the largest market cap assets.
BNY Mellon Goes On-Chain for Fund Recordkeeping BNY Mellon’s decision to shift part of its fund recordkeeping infrastructure on-chain reflects a different kind of institutional conviction. Rather than creating a new product for clients, the custody giant is integrating blockchain into its own back-office operations. The move mirrors a broader tokenization trend that accelerated this week, with total real-world assets on-chain crossing $20 billion, as covered in a recent tokenization roundup.
When a 240-year-old bank begins migrating internal processes to distributed ledgers, the signal is harder to dismiss than a press release. It suggests that cost savings and settlement efficiency are being tested inside regulated workflows, not just in startup sandboxes.
Strategy Posts a Heavy Loss While Holding Nearly 844,000 BTC Not every piece of institutional news pointed upward. Strategy—formerly MicroStrategy—reported an $8.22 billion second-quarter loss. The company continues to hold approximately 844,000 BTC, making it the largest corporate bitcoin holder. The loss stems from an impairment charge driven by bitcoin’s price decline during the quarter.
The result underscores how deeply Strategy’s balance sheet is tied to spot bitcoin movements. While its conviction thesis remains unchanged, the volatility creates a unique risk profile for equity holders. The episode may also influence how other publicly traded firms approach bitcoin treasury strategies going forward.
Digital Asset Treasuries Pivot Toward AI Infrastructure Separately, a cluster of digital asset treasury firms is quietly shifting capital from pure crypto holdings into AI data centers. The pivot reflects a search for yield-generating physical infrastructure at a time when holding digital assets on balance sheets carries significant mark-to-market risk. Several firms are repurposing mining facilities or building new capacity tailored for AI compute workloads, a trend that intersects with growing demand for decentralized storage solutions like those examined in a Filecoin price prediction analysis.
What unites these developments is a market moving on two tracks simultaneously. On one track, regulators are signaling they will tighten oversight with or without Congress. On the other, established financial institutions are embedding blockchain infrastructure deeper into their operations, while corporate treasuries adapt to the realities of holding volatile digital assets. The coming weeks will test whether that dual pressure reshapes market structure faster than Washington can legislate.
AUTHOR
Freelance writer and crypto enthusiast with a focus on Web3, delivering clear and engaging articles. Known for his well-researched articles and insightful analysis, Shayan covers a broad range of topics including market trends, blockchain technology, decentralized finance (DeFi), and emerging crypto projects. His writing aims to educate both beginners and experts, providing clear, engaging content that helps readers stay informed about the fast-evolving crypto space. Shayan's expertise and dedication make him a trusted voice in the blockchain community.
Solana Mobile opened claims for Seeker Summer Round 2 rewards on July 30, distributing nearly $200,000 worth of $SKR tokens to eligible users.
The latest reward round follows the first Seeker Summer $SKR claims that opened on July 17, with users receiving allocations based on their participation level. Level 3 participants received 3,000 $SKR plus additional bonuses for select users, Level 2 users were allocated 2,000 $SKR, and Level 1 users received 1,000 $SKR.
Users can claim their rewards through the Seed Vault Wallet within a 30-day window.
Community reactions showed strong enthusiasm, with several users sharing screenshots of their $SKR allocations and choosing to stake their rewards.
Some users described the Seeker device as a purchase that had already paid for itself through previous rewards and ongoing campaigns.
Seeker Summer Turns App Usage Into Rewards Solana Mobile launched Seeker Summer on July 7 as part of Seeker Season 2. The campaign runs until August 30 and features quests, collectible badges, and rewards across multiple dApps on the Solana dApp Store.
The event uses a four-round structure. Each round highlights four applications, with users completing quests to earn badges. The badges track participation and help determine future rewards rather than acting as direct token claims.
Round 1 began with GEODNET's TokenRun, a real-world rewards hunt where users opened treasure chests and buried messages for others to discover. Round 2 started on July 20 with Moonwalk Fitness quests.
Speaking during the Shipped livestream show on July 14, Solana Mobile General Manager Emmett Hollyer said that the featured applications saw major increases in usage after Seeker Summer launched. According to Hollyer, some apps recorded 100x growth in user counts within a week.
Season 2 Follows a Strong Season 1 Seeker Season 2 follows the success of the original Seeker rewards campaign. During Seeker Season 1, Solana Mobile distributed nearly 2 billion $SKR tokens to more than 100,000 Seeker users and 188 developers.
Instead of seeing activity decline after the token distribution, the Seeker ecosystem continued growing. Daily active users increased after the token launch, developer participation doubled in a quarter, and the Solana dApp Store expanded from around 500 applications to more than 1,000.
Blockworks data from the Seeker ecosystem shows continued growth across users, developers, and applications.
The Seeker ecosystem currently tracks:
749 total unique developers
1,917 launched dApps
9,952 daily active users as of July 30
52,398 $SKR stakers
5.04 billion $SKR staked
74.19% staking ratio
Community Sees Seeker as More Than an Airdrop Campaign Many community members view Seeker Summer differently from typical crypto reward campaigns. Instead of distributing tokens and ending activity, Solana Mobile designed the program around ongoing app discovery and usage.
One user said buying a Solana Mobile device in 2024 became one of their best decisions after receiving multiple rewards from holding the device, including previous airdrops and Seeker Summer incentives.
Other users highlighted the simplicity of the quests, saying they earned rewards by downloading applications, completing activities, and exploring the ecosystem.
However, the long-term success of Seeker Season 2 depends on whether users continue engaging with applications after rewards end. Previous data suggests incentives can create lasting activity, but the ecosystem still needs developers to build applications that keep users returning.
Round 3 and Round 4 of Seeker Summer are scheduled to continue through August 30, 2026. To keep track of all the featured apps and rewards running throughout Seeker Summer, visit SolanaFloor’s Seeker Hub. Additionally, users can tune into SolanaFloor’s Seeker-centric livestream show, Shipped, to hear directly from the founders and builders shaping the Solana dApp Store's most popular protocols.
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Seeker Quietly Airdropped 25M $SKR - And 3 Rounds Are Still Live!
Solana Mobile is doubling down on its hardware-meets-crypto playbook. The company has earmarked 27 million SKR tokens for the second round of its Seeker Summer campaign, a meaningful bump from the 25 million tokens distributed in Round 1.
Claims for the Round 2 allocation opened on July 30, 2026, at 4 PM UTC. The broader Seeker Summer campaign stretches from July 7 through August 30, and we’re now firmly in the middle innings of what Solana Mobile is framing as a summer-long engagement marathon.
How the campaign actually works Seeker Summer is structured into four two-week rounds, each packed with daily app drops, quests, and badges available through the Solana dApp Store.
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The quest format keeps things specific. Round 2 features integrations with apps like Moonwalk Fitness, which requires participants to deposit 100 MF tokens by July 28 to unlock badges and additional rewards.
Over 50% of the SKR rewards distributed during Round 1 were staked shortly after they became available. When more than half of recipients choose to lock up tokens rather than sell them, it suggests participants see longer-term value in holding, or at minimum, that the staking incentives are compelling enough to delay gratification.
The bigger picture for Solana’s mobile strategy The Seeker Summer campaign is essentially Solana Mobile’s answer to a fundamental hardware problem: how do you keep people using a crypto-native phone after the initial novelty wears off? The strategy is straightforward. Flood the device with app integrations, reward users for actually engaging with those apps, and create enough ongoing activity that the dApp Store becomes a daily habit rather than a one-time curiosity.
SKR serves as the primary incentive mechanism within the campaign, with a capped supply of 10 billion tokens and functions including staking to Guardians and app selection in the dApp Store. Rather than distributing a grab bag of different partner tokens, Solana Mobile is using a single asset to unify the reward structure.
By routing quests through third-party applications like Moonwalk Fitness, Solana Mobile is effectively acting as a user acquisition funnel for Solana-native projects. The apps get exposure and active users, Solana Mobile gets engagement metrics, and participants get token rewards.
What this means for investors The staking behavior from Round 1 is the most interesting data point for anyone watching SKR as an investable asset. When users voluntarily lock up over half of a token distribution, it creates natural supply constraints. If that pattern repeats across Rounds 2 through 4, the effective circulating supply of SKR could remain significantly below the total distributed amount.
The escalating token allocations also deserve scrutiny. Moving from 25 million to 27 million tokens per round sounds modest, but across four rounds, the total distribution adds up. Investors should pay attention to whether the increased supply is being absorbed by genuine demand or simply diluting existing holders.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
With over 150,000 agents deployed, this TypeScript-based framework offers a model-agnostic, plugin-driven runtime for building autonomous AI agents—but independent assessments flag maturity gaps and a class-action lawsuit alleges the project misled investors.
ElizaOS utilizes a modular, TypeScript-based, MIT-licensed architecture designed for runtime-centric agent development. Unlike enterprise-focused frameworks that prioritize vendor-locked convenience and rigid governance, this project is model-agnostic, supporting integrations ranging from OpenAI and Anthropic to local Llama instances. These capabilities are unified by a plugin system currently featuring over 90 official npm packages. At its core, the framework employs an AgentRuntime for lifecycle management and a Unified Message Bus for component communication, signaling a clear preference for developer-level control over managed, black-box solutions.
The widening gap between the project’s claimed scale and its independently verified production maturity remains a significant concern. While the BNB Chain official blog reported over 150,000 agents deployed on its network as of April 2026, this figure is vendor-adjacent reporting. It reflects deployment counts rather than an independent audit of production status, active usage, or long-term reliability. When looking beyond the project’s own documentation, the technical reality becomes more nuanced. A 2026 independent technical assessment characterizes the developer experience as mixed; while the framework is powerful and highly customizable, it suffers from notable framework friction, dropped features, and weak migration paths between versions. For conventional enterprise workflows that demand mature observability, rigorous security, and vendor-neutral validation, ElizaOS currently lacks the necessary benchmarks to compete with more established infrastructure.
This tension between modularity and reliability is further complicated by the project’s legal and governance challenges. A class-action lawsuit, Doe v. Walters, No. 1:26-cv-03238, filed in the Southern District of New York in April 2026, has cast a long shadow over the ecosystem. The complaint, brought by Burwick Law, names founder Shaw Walters, Eliza Labs Inc., Sebastian Quinn-Watson, the ai16z DAO, DAOs.fun, Jeff Wolcott, and pseudonymous individuals ‘Skely’ and ‘Baoskee’ as defendants. The plaintiffs allege that the $AI16Z and $ELIZAOS tokens were marketed as governance instruments for an autonomous AI-managed venture fund—modeled after Andreessen Horowitz—but were instead controlled by human insiders. Furthermore, the lawsuit alleges that the Andreessen Horowitz brand was used without authorization and that a token migration between September and November 2025, which expanded the supply from 1.1 billion to 11 billion tokens, was used to dilute holders for the benefit of the defendants. On-chain data cited in the filing suggests losses across at least 3,945 customer wallets. It is critical to note that these are unproven allegations in a filed complaint, not adjudicated findings, and the case remains unresolved.
Within this volatile environment, the project continues to push forward with its own technical roadmap. The framework’s multi-agent orchestration layer, which the project refers to as ‘Composable Swarms,’ is a functional subsystem utilizing a Worlds/Rooms architecture to coordinate multiple agents. While the term is a product of the project’s own marketing, the underlying architecture is a tangible attempt to solve the problem of agent-to-agent communication. This is complemented by native Solana integration for token management and cross-chain capabilities via Chainlink CCIP. The ai16z DAO itself remains a technically novel, if controversial, governance experiment, utilizing an AI agent named ‘Marc AIndreessen’ to evaluate proposals. The long-term accountability implications of such a system remain entirely unclear.
ElizaOS provides a blockchain-native, plugin-extensible environment that appeals to developers who prioritize runtime control, yet it serves as a cautionary case study for the agent economy. The ecosystem is undeniably active, with ongoing development on GitHub through July 2026 and a suite of connectors for platforms like Discord, Telegram, and X. Nevertheless, the discrepancy between the project’s ambitious claims and its demonstrated production maturity is significant. Building on ElizaOS involves a clear trade-off: developers gain a high degree of modularity and decentralization, but they inherit the risks associated with a framework that has yet to prove its reliability in high-stakes, enterprise-grade environments.
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Solana (SOL) is demonstrating resilience as it continues to hold above its five-day base near $73, following several unsuccessful attempts by sellers to push the price lower. While the cryptocurrency has managed to avoid a sustained drop, market participants are watching to see if buyers can reclaim $74 to confirm a short-term recovery and open the way to higher resistance levels.
Key levels: Solana maintains narrow range, resistance in focusRecent trading on Binance futures placed SOL near $73.74, consolidating within a tight band of $73.50 to $74.00. Repeated dips below $73.50 have been met with renewed buying, preventing a decisive breakdown. This price action signals that sellers have expended significant effort but failed to deliver sustained downside movement.
However, market analysts caution that merely holding support does not guarantee a reversal. For Solana to strengthen its recovery outlook, buyers must push the price convincingly above $74 and maintain it within the established intraday range.
A confirmed move above $74 would refocus attention on resistance levels at $74.40 to $74.60. Traders expect heightened volatility around this zone, where both buyers and sellers are likely to vie for control. If SOL can break through, the next significant resistance stands at approximately $76.40 to $76.50, defined by the midpoint of the broader range. A further rally may target upper resistance near $77.40, and eventually the previous range high between $78.80 and $79.
The bearish scenario remains in play as long as Solana trades below the range ceiling. Another failure to sustain momentum above $74 could confine price to ongoing consolidation, or even send it back to test lower support levels.
LevelRole$73.50-$74.00Current consolidation$74.40-$74.60Immediate resistance$76.40-$76.50Next major resistance$72.30-$72.50Key support floorA more pronounced break below the $72.30 to $72.50 support region would likely undermine the bullish setup and signal that sellers have succeeded in asserting greater control over short-term price action.
Analyst: Possible liquidity sweep before potential recoverySome technical analysts, including those following pseudonymous trader Blade, believe that Solana could face a final liquidity sweep below support before making a meaningful recovery. In this scenario, price may briefly dip under recent lows to trigger stop losses and attract new short positions. If buyers quickly reclaim the lost ground, the move could mark the exhaustion of downward momentum and set the stage for a push toward old highs.
A liquidity sweep refers to a sharp move below established support that triggers a cascade of stop-loss orders, followed by a rapid reversal if buyers step in with sufficient strength.
Mini dictionary: Liquidity sweep, a market move designed to clear stop-loss orders or draw in sellers before reversing direction, often leading to high volatility and potential price reversals.
This outlook is consistent with the current price action, which has seen frequent but shallow drops with limited follow-through. According to analysts, a full recovery will require more than a temporary bounce from support. SOL must reclaim and hold above the swept zone, forming higher lows and attracting stronger volume to signal buyer conviction.
If the bullish scenario unfolds, Solana could quickly return to its previous trading range and target nearby resistance levels, eventually attempting a move toward its old cyclical highs. Conversely, a confirmed breakdown below support without a swift reversal would strengthen bearish momentum and expose SOL to deeper losses.
Market participants indicate that a sustained reclaim of the $74 level would serve as the primary bullish trigger, while failure to recover would likely leave Solana vulnerable to additional short-term declines.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A Gap That Keeps GrowingThe contest for Solana's memecoin launchpad crown looks increasingly one-sided. @Pumpfun generated $31.5M in protocol revenue over the past 30 days against roughly $192K for the BONK ecosystem, per DefiLlama. That is a difference of around 165x, and the underlying trend shows little sign of reversing.
The numbers sit within a broader context of sustained dominance. Pump.fun's gross protocol revenue totaled $971.37 million in 2025, though it is annualizing to roughly $320 million so far in 2026, according to DefiLlama data. Even at a reduced pace, that run rate leaves rivals a long way behind.
BONK's Rise and RetreatIt was not always this clear-cut. @bonk_inu's protocols pulled in nearly $50M in gross revenue in a single quarter last year before collapsing to $2.2M last quarter, while Pump.fun held above $200M per quarter throughout. The BONK launchpad, operating under the LetsBONK brand, did briefly threaten Pump.fun's position. LetsBONK's market share of the Solana launchpad space grew from 13% to over 78% in the span of one month in July 2025, briefly surpassing the previous market leader.
That moment proved short-lived. Market share collapsed back to minimal levels as the platform failed to maintain momentum against more innovative competitors. BONK.fun's market share fell from commanding 84% of Solana's launchpad market in mid-2025 to just roughly 7% by year-end, a decline mirrored in revenue, which fell to $84,000 by end-2025.
Pump.fun moved quickly to reclaim lost ground. Pump.fun countered with new user incentives, allowing it to regain over 70% of the market by February 2026. The BONK ecosystem has struggled to recover since. Data from Jupiter indicates that LetsBonk has dropped to fourth place by 30-day volumes in the launchpad space, with just $159 million traded through its platform.
For now, the Solana launchpad race reads as effectively decided on the revenue scoreboard. Whether a fresh challenger or a BONK ecosystem reset can change that calculus remains an open question, but the gap @Pumpfun has built makes any comeback a steep climb.
Sources:
DefiLlama: Pump.fun Fees, Revenue and Volume
CoinGecko: LetsBONK.fun Complete Guide
AInvest: BONK.fun Hack and Launchpad Decline Analysis
With little sign of a significant reversal, Dogecoin is still struggling under ongoing bearish pressure as it trades close to yearly lows. DOGE has been steadily declining since failing to maintain its recovery above $0.11 in May.
Dogecoin's issues with momentumCurrently, the asset is hovering around $0.069, just above a crucial psychological support zone. The 50-day, 100-day, and 200-day averages are all in bearish order, and DOGE is currently trading below all significant moving averages. The first dynamic resistance is now the 50-day moving average around $0.073, the 100-day is close to $0.078, and the 200-day is still significantly above the current price at about $0.101.
DOGE/USDT Chart by TradingViewEvery rally in the market has been greeted by fresh selling, as evidenced by this stacked resistance structure. During the most recent decline, volume has also drastically decreased. The recent weakness has occurred on comparatively light participation, in contrast to the heavy selling that accompanied earlier breakdowns.
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This indicates that sellers are no longer in a panic, but it also shows that there is not enough significant buying interest to turn the trend around.
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The picture painted by momentum indicators is similarly cautious. Although it has somewhat recovered from oversold territory, the RSI is still far below the neutral 50 level at 39. This suggests that the bearish momentum has subsided without shifting in favor of buyers.
Over the past few sessions, DOGE has been able to stabilize, averting another wave of selling. The token may attempt a relief rally toward the 50-day moving average if that floor holds. But reclaiming that level would only be the beginning. Before the medium-term outlook improves, bulls must eventually recover the 100-day moving average.
A clear break below $0.068 on the downside would probably reveal new yearly lows and prolong the overall downtrend. Even though there are indications that the selling pressure on Dogecoin is starting to lessen, it is still technically weak.
Rallies are likely to be seen as brief upturns within a larger bearish trend until price begins to reclaim significant moving averages and volume increases in tandem with any attempt at recovery.
Can Zcash finally recover?After the July rally, Zcash pulled back toward its major moving-average support, entering a crucial technical phase. Even though some of the prior gains have been erased by the correction, the larger recovery structure will remain intact as long as buyers continue to defend current levels.
After falling from its most recent local high of about $580, ZEC is currently trading at about $457 at the time of writing. The asset has returned to a significant technical support confluence as a result of the decline, with the 50-day moving average close to $461 and the 100-day moving average around $475. Price is currently fluctuating around these indicators, making the upcoming sessions especially crucial.
ZEC/USDT Chart by TradingViewThe current pullback seems much more controlled than the abrupt surrender seen earlier this year. During the correction, volume has continuously decreased, indicating that profit-taking rather than panic selling is the driving force. Once sellers have exhausted all of their positions, this frequently creates conditions for stabilization. But momentum is now weaker.
As a result of declining buying pressure, the RSI has dropped to about 42, which is below the neutral threshold. The indicator suggests that bulls have lost control of the short-term trend following the July rally, even though it is still not oversold. Another level of long-term support is provided by the 200-day moving average, which is still rising below the price at $413.
Technically, the wider recovery from April's lows is still valid as long as ZEC stays above that level. Recovering the 100-day moving average around $475 is the buyers' immediate challenge. In addition to improving sentiment, a successful move above that resistance could open the door for another attempt at the psychologically significant $500 level.
After that, the next significant resistance area is the $520–$540 range. On the other hand, a deeper retracement toward the 200-day moving average would be more likely if the 50-day moving average were not maintained.
Cardano's long-lasting bear stageCardano is one of the most beaten-up assets on the market and has not gained enough momentum to buck its wider bearish trend. Over the past few weeks, ADA has stabilized at $0.168, although significant resistance levels are still well above. Since June, a modest improvement has been made to the technical structure.
Following the capitulation event, buyers successfully defended the $0.15 area, and they have since progressively built a string of higher lows. More significantly, ADA has held above its 50-day and 100-day moving averages, which are presently between $0.165 and $0.166. Bulls now have a starting point because those indicators have moved from resistance to support.
ADA/USDT Chart by TradingViewNear $0.197, which is nearly eighteen percent above the current price, the 200-day moving average is still declining. The longer-term trend cannot be regarded as bullish until ADA regains that level. Additionally, price action indicates that buyers are still cautious but are becoming more active.
Cardano has spent the majority of July moving sideways within a comparatively narrow range rather than generating powerful rallies. Although confirmation is still lacking, this kind of consolidation frequently precedes a more significant directional shift. At roughly 51, the RSI has risen above the neutral 50 level.
That shows that momentum has moved away from sellers without becoming overheated. In the event that buying volume starts to increase, it also provides room for another push higher. The first barrier is located around $0.18, and the more substantial resistance of the 200-day moving average is located around $0.20.
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If Cardano were to break above that level, it would be the strongest bullish signal it has generated in months and could draw in more momentum buyers. It is critical to maintain support above the 50-day moving average on any decline. ADA would probably return to the June lows if it lost the $0.165 area, rendering much of the recent recovery invalid.
All things considered, Cardano is no longer in freefall, but it has also not entered a confirmed uptrend. Although bulls still require a clear breakout above long-term resistance before sentiment significantly shifts in their favor, the improving moving-average structure and neutral momentum support continued stabilization.
Oscillation around Solana After failing to prolong its July recovery, Solana is still stuck in a phase of sideways trading, with prices oscillating between $73 and $75. Buyers have had difficulty regaining important technical levels that would indicate a longer-lasting trend reversal, even though the asset has avoided another significant breakdown.
After falling just below its short-term moving averages, SOL is currently trading close to $73.6. Over the past two weeks, attempts to move higher have been repeatedly thwarted by an immediate resistance cluster formed by the 50-day moving average around $74.9 and the 100-day near $75.8. In contrast to a number of other large-cap altcoins, Solana has not been able to sustain its bullish momentum following its June rebound.
SOL/USDT Chart by TradingViewSince the May peak, the chart has been dominated by lower highs, as every rally toward the $80 region has been met with fresh selling. The 200-day moving average is still significantly higher at $92, indicating that the overall trend is still negative.
Rebounds are likely to be viewed by the market as corrective rather than the beginning of a new bull phase until SOL starts regaining the medium-term moving averages and eventually challenges the 200-day average. Momentum indicators reflect this lack of conviction.
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The RSI has dropped to about 44, below the neutral threshold, suggesting that sellers still have a slight advantage without driving the market into oversold territory. This leaves room for a further drop in the event that support starts to wane. The most crucial support is found between $72 and $73.
Throughout July, bulls have prevented a deeper retreat by successfully defending that zone multiple times. A decisive breakdown could reveal the June low around $68, but holding that area keeps the prospect of another recovery alive. Regaining the 50-day and 100-day moving averages is the primary goal for buyers.
A successful close above both would boost the likelihood of another attempt toward the psychological $80 resistance and enhance the short-term outlook. After that, the 200-day moving average, which is close to $92, would come into focus. For now, Solana remains range-bound.
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Major altcoins continue to face significant challenges as bearish momentum persists across the wider cryptocurrency market. Dogecoin, Cardano, Zcash, and Solana have struggled to break through crucial technical resistance levels, and many remain close to yearly lows.
Dogecoin trades near yearly lows amid declining volumeDogecoin has failed to regain upward momentum after dropping below $0.11 in May. The token now hovers near $0.069, just above an important psychological support. Technical indicators show a clear bearish alignment: Dogecoin trades below its 50-day, 100-day, and 200-day moving averages, with the first resistance at the 50-day average near $0.073, the 100-day at $0.078, and the 200-day at $0.101.
Repeated rallies have met with renewed selling pressure, keeping DOGE locked in a downward pattern. Recent declines, however, have occurred with reduced trading volumes, signaling that panic-driven selling has faded, but there is currently little buying interest to reverse the slide.
Momentum indicators also highlight Dogecoin’s weak position. The relative strength index (RSI) remains subdued at 39, well below the neutral 50 mark, suggesting sellers have lost some urgency but buyers are yet to show significant strength.
Over the past few sessions, Dogecoin has managed to steady, staving off deeper losses. If the current support remains intact, a push toward the 50-day moving average is possible, but regaining the 100-day average is necessary to stabilize the medium-term technical picture.
A clear drop below the $0.068 level would likely lead to new yearly lows and extend the long-term downtrend. For now, any brief rallies may be viewed as temporary within the prevailing bearish climate.
Zcash returns to support after July pullbackZcash, a privacy-focused cryptocurrency, retraced from its recent local high of around $580, falling back to approximately $457. The decline brought the price into a significant technical support zone, overlapping with the 50-day moving average at $461 and the 100-day moving average at $475.
Unlike earlier in the year, the pullback in Zcash has been more controlled, with decreasing volume indicating profit-taking rather than panic selling. The RSI now reads about 42, suggesting waning bullish momentum since July’s rally.
Below the current price, the rising 200-day moving average at $413 offers additional long-term support. Maintaining values above this level keeps the broader recovery structure intact since April’s lows. A move above the 100-day moving average near $475 could energize buyers for another attempt at the psychological $500 mark, with the $520 to $540 range next in line for resistance.
Failure to hold the 50-day moving average support may send ZEC toward the 200-day moving average, threatening the recent uptrend.
Mini dictionary: Zcash is a privacy-oriented cryptocurrency that uses cryptographic techniques called zero-knowledge proofs to enable confidential transactions without revealing sender, receiver, or transaction amount details on the blockchain.
Cardano stabilizes but faces major resistanceCardano remains among the most oversold major cryptocurrencies. After stabilizing around $0.168, ADA has held above its 50-day and 100-day moving averages, which have now turned into support near $0.165 and $0.166. The 200-day moving average, a much stronger barrier, remains above at $0.197.
Technical improvements have emerged since June, with buyers repeatedly defending the $0.15 zone and establishing a series of higher lows. Still, the asset lingers far below long-term resistance, and strong momentum remains elusive.
Cardano has mostly consolidated sideways throughout July, moving in a tight range as buyers show increased activity but stop short of launching a sustained rebound. The RSI sits just above 51, signaling that the worst of the selling pressure has passed without triggering an overbought signal.
A breakout above $0.18 would target the declining 200-day average at $0.20, a level whose recovery would mark a stronger bullish turn. Losing the $0.165 level could invalidate much of ADA’s recent progress, sending the price back toward June’s lows. Until a decisive move above long-term resistance emerges, Cardano’s outlook remains cautious but no longer sharply negative.
Solana stuck in range-bound tradingSolana has struggled to maintain its momentum after the July recovery attempt, currently trading around $73.6. Several rallies faded at resistance levels, with the 50-day and 100-day moving averages at $74.9 and $75.8 consistently capping short-term advances.
The 200-day average, near $92, remains out of reach as the asset forms lower highs since peaking in May. Despite brief rebounds, Solana is seen as moving within a corrective, range-bound pattern rather than initiating a new uptrend. The relative strength index has dropped to 44, suggesting sellers still dominate, but without pushing the token into oversold territory.
Repeated tests have confirmed support between $72 and $73. A failure to hold this area could open the door to June’s low of $68. Conversely, reclaiming both the 50-day and 100-day moving averages would improve prospects for another attempt at $80. Until then, Solana remains trapped in a sideways consolidation phase, awaiting a clear breakout or breakdown.
CoinCurrent Price50-day MA100-day MA200-day MARSIKey SupportKey ResistanceDogecoin$0.069$0.073$0.078$0.10139$0.068$0.073Zcash$457$461$475$41342$413$475, $500Cardano$0.168$0.165$0.166$0.19751$0.165$0.18, $0.20Solana$73.6$74.9$75.8$9244$72-$73$75.8, $80Disclaimer: 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.
If you’ve been staking SOL, ATOM, or INJ through Ledger and noticed a name change on your validator, you’re not losing it. Bitwise has officially swapped the Chorus One branding on its Ledger Wallet validator nodes to “Bitwise” across Solana, Cosmos, and Injective.
The cosmetic surgery was expected. Bitwise acquired Chorus One back in February 2026, bringing along more than $2.2 billion in staked assets. The rebrand is the final step in making that marriage official across user-facing platforms.
Same infrastructure, new name tag Here’s the thing: nothing about the actual staking experience changes. Same validator infrastructure. Same fees. Same rewards mechanics. The only difference is the label you see in the Ledger Wallet app, which now reads “Bitwise” or “Ledger by Bitwise” depending on the chain.
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Chorus One was one of the more respected institutional staking operators in the business, running validator nodes across more than 30 proof-of-stake networks. Bitwise didn’t acquire it to gut the operation. It acquired it to wear the jersey.
The rebrand also serves a branding consolidation purpose. Bitwise has been steadily building out what it calls Bitwise Onchain Solutions, or BOS, its division focused on staking infrastructure for institutional and self-custody users.
Why Bitwise is going all-in on staking Bitwise now manages over $15 billion in client assets across its entire operation. The Chorus One acquisition wasn’t just about adding validator nodes. It was about positioning the firm as a one-stop shop for institutions that want exposure to proof-of-stake yields without building their own infrastructure.
By absorbing Chorus One’s operations across 30-plus networks, Bitwise instantly became one of the largest institutional staking providers in the space. The $2.2 billion in staked assets it inherited isn’t pocket change.
The emphasis on Ledger integration is also telling. Bitwise has been vocal about offering “institutional-grade infrastructure tailored for self-custody users,” specifically highlighting competitive staking yields for Solana through Ledger.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana (SOL) is trading below $75.00 on Friday, testing a crucial support trendline of a symmetrical triangle pattern. SOL-focused Exchange Traded Funds (ETFs) recorded $403,890 in inflows on Thursday, while retail demand holds firm with rising funding rates. The technical outlook is mixed as SOL approaches a shift in bullish momentum.
Rebound speculations rise despite mixed institutional interestSolana is facing mixed institutional demand so far this week. SoSoValue data show that the SOL ETFs recorded $403,890 in inflows the previous day, following sharp fluctuations earlier this week. SOL ETFs recorded $18.07 million in outflows on Tuesday, which were later offset by $19.06 million in inflows on Wednesday.
On the retail front, CoinGlass data shows the funding rate rose to 0.0062% on Friday, up from 0.0041% the previous day, signaling increased demand among buyers for long-position buildup. However, the roughly 25% decline in volume over the last 24 hours to $5.20 billion, combined with SOL futures Open Interest (OI) easing by around 1% to $4.36 billion, suggests reduced activity, while the notional value of active contracts remains stable.
SOL ETFs data. Source: Sosovalue
SOL derivatives data. Source: CoinGlassTechnical outlook: Will Solana break above its 50-day EMA?Solana keeps a mixed near-term bias as price approaches the apex of a symmetrical pattern on the daily chart. SOL price is supported by a rising trendline near $72.95, while the overhead trendline coincides with the 50-day Exponential Moving Average (EMA) at $76.07.
The Relative Strength Index (RSI) at 45 on the daily chart suggests only modest downside pressure, and the Moving Average Convergence Divergence (MACD) lingering below its signal line hints that rallies remain vulnerable.
On the topside, a sustained close above the overhead cluster near the 50-day EMA at around $76.09 could target the more distant barrier at the 200-day EMA at around $93.61.
SOL/USDT daily price chart.Looking down, immediate support comes from the rising trendline around $72.95. A daily close below this area would expose additional weakness toward the February 6 low at $67.50.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
TLDR Solana (SOL) trades at $74.39, up 1.16% over the last 24 hours. SOL is holding a key support zone that traders see as a base for more gains. Analyst BitGuru says buyers are defending this support area, per a post on X. Analysts expect SOL to test resistance between $78 and $80 if buying continues. AUTO has launched on Solana, adding tokenized U.S. auto loans to the network. Solana (SOL) is trading at $74.39 at the time of writing. The token has a 24-hour trading volume of $1.86 billion and a market cap of $43.12 billion. SOL is up 1.16% over the past day, according to data from CoinMarketCap.
The price has stayed above a support zone that traders are watching closely. This has kept sentiment positive for the token.
Crypto analyst BitGuru posted on X that Solana is holding firmly above what he called a key reversal zone. He said this shows buyers are still defending an important support area for the token.
BitGuru added that this price behavior has strengthened market sentiment. Traders are viewing the current price structure as a possible base for more upside.
SOL Eyes Resistance Near $80 If the current trend holds, some analysts expect SOL to test resistance between $78 and $80 in the coming sessions. Holding this level would point to a stronger trend in the market.
More buyers could enter if SOL clears this zone. For now, holding the existing support level remains the first step.
Sustained demand near current prices could add to confidence in a short-term recovery for SOL. Traders are watching for that signal.
Solana Price on CoinGecko AUTO Brings Auto Loans On-Chain Solana’s official X account announced that AUTO is now live on the network. AUTO is a token backed by U.S. auto loans, giving crypto investors a new way to access this lending market.
According to Solana’s post, AUTO offers near-prime yield sourced from American auto loans. This gives blockchain users exposure to a lending sector they could not easily reach before.
The U.S. consumer loan market is large, but blockchain investors have had little access to it. AUTO works by tokenizing near-prime car loans and putting them on-chain.
This links traditional lending with decentralized finance. It also expands Solana’s group of real-world asset (RWA) projects.
The SOL price move comes as Bitcoin has also been trending upward. Broader crypto market conditions are supporting the current price action across major tokens.
Solana’s market cap stands at $43.12 billion at the time of writing. Trading volume over the past 24 hours remains near $1.86 billion.
The token has not yet cleared the $78 to $80 resistance zone. Price action over the next few sessions will show whether buyers can push it there.
Two Solana Memecoins Draw Attention as Speculation ReturnsSolana's memecoin scene is heating up again. Two tokens, $ANSEM and $MEMEDOGECOIN, are drawing significant attention on X, with traders pointing to sharp price moves and rising social engagement as signs that speculative appetite on the network remains strong.
$MEMEDOGECOIN is the newer of the two. The token launched on Pump.fun, the Solana-based memecoin launchpad, and quickly climbed to a $17 million market cap. According to CoinGecko, it surged more than 200% within a 24-hour window, a move that pushed it onto trending lists and into wider circulation on X. Pump.fun is a viral Solana-based memecoin launchpad that lets anyone create and trade tokens in minutes with no coding required, and has powered millions of token launches and billions in trading volume since launching in January 2024.
ANSEM Influence Continues to Shape Solana Markets$ANSEM, meanwhile, has had a more extended run in the spotlight. The token carries the name of Ansem, the trader whose Solana and memecoin calls have made him one of the loudest voices on Crypto Twitter. He did not create the coin. $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.
ANSEM is up about 299% over seven days, lifting Solana memecoin trading and Pump.fun volumes. The rally matters because memecoins now make up over 20% of Solana's weekly volume, pointing to a broader rebound in risk appetite.
The context around $ANSEM carries important caveats. 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. Ansem did not create most of these tokens, and he has publicly disavowed several of them.
The broader risk picture for Pump.fun launches is also worth noting. Research firm Solidus Labs examined Pump.fun tokens launched before April 2025 that had at least five trades, and found 98.6% collapsed below $1,000 in remaining liquidity, the signature of a pump-and-dump that left late buyers holding nothing.
As with all memecoins, anyone considering a position should conduct thorough independent research. Nothing in this article constitutes financial advice.
Sources:
CryptoSlate: ANSEM soars 299% and brings Solana's memecoin trenches back to life
Crypto.news: What is $ANSEM? The Solana influencer memecoin explained
BloFin Academy: Solana Memecoins and Pump.fun Explained
KSNet has partnered with the Solana Foundation to test blockchain payments and AI-driven transaction systems for South Korea’s financial market.
Summary
KSNet and the Solana Foundation signed an agreement to test blockchain based payment infrastructure in South Korea. The companies will begin proof of concept projects covering Solana Pay integration and AI payments using the x402 protocol. KSNet plans to connect Solana Pay with its merchant network while incorporating AML controls and won settlement support. The partnership adds to Solana’s recent enterprise payment initiatives across stablecoins, AI services, and regulated financial infrastructure. KSNet announced on July 30 that it has signed a memorandum of understanding (MOU) with the Solana Foundation to jointly develop a next-generation digital asset payment infrastructure, with the partnership beginning through proof-of-concept projects focused on Solana Pay and AI-powered payment technology.
The agreement brings together KSNet’s domestic payment network and Solana’s blockchain infrastructure as both companies evaluate digital asset payments that can work alongside South Korea’s existing financial system. The first phase centers on technical verification rather than a commercial rollout.
Solana Pay will be tested on KSNet’s merchant network As part of the first proof-of-concept, KSNet said it will test the integration of Solana Pay with the online and offline merchant payment network the company has built over the past 26 years. The demonstration will examine whether Solana Pay’s payment standard can operate within South Korea’s existing payment environment while remaining compatible with local merchant infrastructure.
The companies also said compliance requirements will form part of the testing process. KSNet plans to incorporate anti-money laundering (AML) controls into the payment system to prevent abnormal fund flows before any commercial deployment is considered.
In addition, the proof-of-concept will connect blockchain-based settlements with KSNet’s existing won settlement network. According to the company, the structure is intended to comply with domestic financial guidelines while reducing exchange-rate fluctuations and liquidity risks that can arise during digital asset settlements.
Rather than replacing traditional payment rails, the companies are testing how blockchain payments can operate alongside existing financial infrastructure under domestic regulatory requirements.
AI payment model will use the x402 protocol A second proof-of-concept under the agreement focuses on artificial intelligence payments using the x402 protocol.
KSNet said it will evaluate the protocol by integrating it into an AI-based payment system that is already undergoing internal testing. The review will determine whether the technology is suitable for future payment services that rely on autonomous software agents.
The x402 protocol uses the HTTP 402 “Payment Required” status code, allowing AI agents to make small payments automatically when accessing APIs or paid online services without relying on conventional logins or credit card authentication.
According to the companies, machine-to-machine payment models require transactions to settle quickly while keeping processing costs low. Existing card payment systems have long faced cost challenges when handling very small payments because multiple intermediaries contribute to the overall fee structure.
The proof-of-concept will therefore examine whether blockchain infrastructure can support those payment models more efficiently while remaining compatible with existing financial systems.
Park Han-han, chief executive officer of KSNet, said the company plans to build on its payment and settlement experience to provide what it described as a secure payment infrastructure for users.
Following the technical validation, KSNet and the Solana Foundation said they intend to gradually explore commercialization models suitable for South Korea’s financial market.
Solana has continued expanding payment partnerships The KSNet partnership adds another enterprise payments initiative to the Solana Foundation’s recent activities across financial services.
Earlier this month, the Solana Foundation partnered with SBI Holdings to establish SBI Solana Global, a venture focused on regulated on-chain financial infrastructure in Japan. According to the companies, the initiative includes work on yen-backed stablecoins, tokenized financial products, institutional settlement services, cross-border payments, and AI-related payment applications.
South Korea has also become part of Solana’s payment strategy. In April, Shinhan Card announced a proof-of-concept with the Solana Foundation to test stablecoin payments on Solana’s testnet. According to Shinhan Card, the pilot evaluates transaction performance, non-custodial wallet security, and blockchain payment infrastructure while examining hybrid financial services that combine conventional payment systems with decentralized finance.
Artificial intelligence has become another area of development for the blockchain network. Earlier this month, the Solana Foundation and Google Cloud introduced Pay.sh, a payment gateway that allows AI agents to purchase API access using stablecoins on Solana. According to the companies, the platform enables per-request payments for Google Cloud services, including Gemini, BigQuery, and Vertex AI, without requiring traditional API subscriptions.
Enterprise adoption has also extended into corporate finance. On July 22, Ramp launched Solana-powered stablecoin accounts that allow businesses to hold USDC and USDT, manage treasury balances, and make cross-border payments through a single financial workflow. Ramp said more than 70% of stablecoin payment volume on its platform occurs outside traditional banking hours, indicating continued demand for around-the-clock settlement.
Consumer payment products have also incorporated Solana’s infrastructure. Last year, Gemini introduced a Solana Edition credit card that automatically stakes SOL rewards earned from purchases, allowing users to participate in network validation while earning staking rewards through Gemini’s platform.
The launch followed the exchange’s addition of USDC and USDT transfers on Solana, which Gemini said benefited from the network’s low fees and fast settlement times.
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.
Community Vote Triggers Solana Expansion@Rarible, the multichain onchain commerce platform, is moving to deploy its full architecture on the @Solana blockchain after a decisive community mandate. The platform confirmed the decision publicly, stating: "We're kicking off the work to bring Rarible to Solana. Development, integrations, and security audits start now."
According to the announcement, technical integration and comprehensive security audits are currently underway, with a full rollout targeted within four weeks. The move marks a significant step for Rarible, which has steadily expanded its chain support over recent years and positions Solana as a priority destination for its next phase of growth.
A Multichain Platform Adding a High-Volume ChainRarible describes itself as the onchain commerce platform powering the future of digital asset trading, offering fast, multichain infrastructure that has been battle-tested over five years. The platform allows users to create, buy, and sell NFTs, while letting the community govern it through the $RARI token.
In 2026, Rarible operates as both a multichain marketplace and an aggregator layer, making chain choice a normal part of the NFT shopping experience rather than a separate workflow. Supported mainnet chains already include Ethereum, Base, HyperEVM, LightLink, Somnia, RARI Chain, Camp Network, and Arena-Z. Solana would be a notable addition given its scale in digital asset activity.
Rarible began supporting Solana NFTs in 2022, enabling users to buy and sell Solana tokens on its marketplace, but the forthcoming deployment marks a shift from passive chain support toward an active product built on Solana's consumer application layer. Most recently, Rarible launched Gacha Station on Solana, powered by Collector Crypt.
The four-week timeline is contingent on the outcome of ongoing security reviews. No further financial terms or partnership details have been disclosed at this stage.
Sources:
Rarible: Meet the New Rarible, Lightspeed Trading and Cross-Chain Rewards
Solana Compass: Rarible Gacha Station Launches on Solana via Collector Crypt
Inside Bitcoins: Rarible Launches On-Chain Storefronts
Arbitrum, the Ethereum Layer-2 scaling network, has achieved a significant milestone with over 11.3 million stablecoin holders, according to data from RWA.xyz shared by the Arbitrum team. This development places Arbitrum ahead of Solana in stablecoin holder count, underscoring the growing importance of stablecoins within the blockchain ecosystem.
The latest figures show that Arbitrum reached 11,386,904 stablecoin holders, surpassing Solana, which currently has 11,173,947. Competing networks Base and Optimism report approximately 7.12 million and 4.56 million holders, respectively. These statistics were provided by RWA.xyz, a data platform specializing in tracking tokenized real-world assets and blockchain activity.
In sharing the update, Arbitrum emphasized the evolving role of stablecoins in decentralized finance. The network commented, “Stablecoins are becoming the settlement layer for modern finance. The programmable economy grows.”
Stablecoins are emerging as core infrastructure for digital payments and tokenized finance, rather than simply facilitating short-term trading.
The trend aligns with a broader industry shift, with blockchain networks aiming to serve as robust foundations for payment processing and tokenized financial products.
Mini dictionary: RWA.xyz—A blockchain data platform focused on tracking tokenized real-world assets and on-chain metrics for the digital asset sector.
NetworkStablecoin HoldersArbitrum11,386,904Solana11,173,947Base7,120,000Optimism4,560,000Stablecoin Use Expands Beyond TradingIncreasing adoption of stablecoins reflects their growing use in payments, decentralized finance, and tokenized real-world assets. By maintaining values pegged to national currencies, stablecoins offer reliable settlement options for both consumers and institutions, in contrast to more volatile assets like Bitcoin or Ether.
For developers and service providers, a larger stablecoin user base contributes to higher network liquidity and activity. Growth in tokenized treasury products, on-chain financial instruments, and digital payments is expected to attract more decentralized applications to networks with active stablecoin communities.
Scaling Competition Intensifies for Layer-2 NetworksArbitrum’s advance highlights the intense competition among Ethereum Layer-2 solutions. Solana, Base, and Optimism are scaling rapidly while focusing on lower transaction costs, increased throughput, and developer engagement. These networks compete to support more robust real-world use cases and financial infrastructure.
Stablecoin circulation has become a crucial metric for blockchain ecosystems. Higher stablecoin activity is associated with greater payment volumes and decentralized lending, elements that strengthen ecosystem attractiveness for both individual users and institutional participants.
Institutional Momentum Builds for Blockchain-Based SettlementGrowing institutional interest in blockchain-based settlement and tokenized asset management is driving further attention to networks with strong stablecoin communities. Financial institutions are examining blockchain infrastructure for cross-border payments, treasury operations, and digital securities—areas where stablecoins serve as a core component.
Although the rise in stablecoin holders does not immediately impact the price of the ARB governance token, it signals increasing network adoption. Developers, investors, and infrastructure firms are monitoring these trends closely, especially as stablecoin regulation advances worldwide. Blockchain networks with significant existing user bases could benefit further from rising institutional adoption and regulatory clarity.
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.
Andrew Tate's Solana-based memecoin, $DADDY, has climbed 38% over the past week and roughly 5% in the prior 24 hours, with its market capitalisation sitting at around $7.5 million at the time of writing. The move comes as the token's issuer finds himself at the centre of a deepening legal crisis on both sides of the Atlantic.
Tate Brothers Arrested in Miami US Marshals arrested Andrew and Tristan Tate in Miami on an extradition request from the United Kingdom, following an investigation into sexual offences reported by seven victims, according to the UK Crown Prosecution Service. Andrew faces 42 charges, including rape, human trafficking, indecent images of a child and assault. Tristan faces 17 charges, including sexual assault, rape and trafficking.
The extradition request followed an investigation by the UK Crown Prosecution Service, which said the alleged offences were reported by seven women and took place in the East of England, north of London, between 2010 and 2017. The brothers, who appeared in federal court in Miami, have denied all allegations against them, and their attorneys have vowed to fight the extradition request.
In Romania, the brothers separately face charges of human trafficking and forming an organised criminal group to sexually exploit women. The state of Florida is also conducting an active criminal investigation into them.
Notoriety Drives Speculative Interest in $DADDY DADDY TATE ($DADDY) is a meme cryptocurrency launched on June 8, 2024 on the Solana blockchain. Tate's endorsement and promotion on platforms like X have been a major factor in its visibility and trading volume, with its real purpose appearing to be a speculative asset tied to Tate's brand and fanbase.
The recent price action is consistent with a pattern seen with other celebrity-linked tokens, where legal or media events, even negative ones, translate into short-term trading surges. The token remains highly volatile and well below its all-time high. DADDY TATE reached its all-time high of $0.2565 on June 15, 2024.
Investors should note that celebrity meme coins carry significant risks. Blockchain data analysts at Bubblemaps previously discovered suspicious insider activity that raised concerns about the integrity of the coin's early trading activity. As with all speculative assets of this kind, price moves driven by news cycles can reverse sharply and without warning.
The brothers deny all allegations.
Sources:
CNN: Tate brothers arrested by US Marshals in Miami on UK extradition request
Al Jazeera: Why were Andrew and Tristan Tate arrested?
CoinGecko: Daddy Tate (DADDY) Price
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
UNUS SED (LEO) has quietly secured its place among the world’s largest cryptocurrencies with a market capitalization of nearly $9 billion. This makes it the 11th-largest crypto asset. Yet, unlike Bitcoin, Ethereum, Solana, or XRP, LEO rarely trends on social media or dominates headlines. Its quiet presence comes down to its unique purpose. Specifically, it was built as a utility token for the iFinex ecosystem, not as a retail-focused investment asset.
Created to Solve an $850 Million CrisisLEO was launched in 2019 after iFinex, the parent company of Bitfinex and closely associated with Tether, lost access to approximately $850 million. This sum had been held by payment processor Crypto Capital.
Instead of launching a public ICO, iFinex privately sold 1 billion LEO tokens. In the process, they raised around $1 billion to strengthen its balance sheet. Since the token never went through a public fundraising campaign, it also never built the retail community that many major cryptocurrencies enjoy today.
Why It Receives So Little AttentionLEO operates very differently from traditional altcoins.
It functions primarily as an exchange utility token, with a large portion of its supply held by major holders rather than actively traded in the public market. As a result, LEO records relatively low trading activity compared to other top-ranked cryptocurrencies. This occurs despite LEO maintaining a multi-billion-dollar valuation.
Unlike meme coins or DeFi projects, LEO has almost no community-driven hype, NFT ecosystem, or speculative culture. This fact explains why it rarely becomes a trending topic.
Built for the Bitfinex EcosystemLEO is designed to provide benefits across the iFinex ecosystem, including Bitfinex.
Token holders receive:
Trading fee discountsLower lending costsReduced withdrawal feesPriority access to selected platform servicesOriginally, 64% of LEO’s supply was issued on Ethereum, while the remaining 36% launched on EOS. Following the EOS network rebrand, the EOS-based tokens migrated to the Vaulta blockchain in 2025.
A Deflationary Token With No Unlock ScheduleUnlike most cryptocurrencies, LEO has no token unlock events.
Instead of new supply entering the market, the circulating supply steadily decreases through Bitfinex’s aggressive buyback-and-burn program.
Under its whitepaper, iFinex allocates at least 27% of its consolidated gross revenue every month to repurchase LEO from the market before permanently burning those tokens. This process will continue until the token supply is eventually eliminated.
So far, roughly 79.9 million LEO have already been burned, leaving a circulating supply of about 920 million tokens.
LEO is currently trading around $9.77.
Story Ends Here
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Days are slipping by, and the CLARITY is simply being postponed.
To expedite the approval process, Jack Dorsey’s financial technology company, Block Inc. wrote to Senate Majority Leader John Thune and Minority Leader Chuck Schumer, pleading with them to bring the CLARITY Act to the Senate floor for consideration.
The letter, which was signed by Chief Legal Officer Chrysty Esperanza, describes the CLARITY Act as an important step in the development of a clear federal regulatory framework for digital assets.
Durable market structure legislation is necessary to provide regulatory clarity for innovators, market participants, and consumers and to ensure the U.S. remains a global leader in financial innovation.
According to Block, the bill would replace the current patchwork of state regulations. Additionally, it would also create a national framework for consumer protection and finally define when a digital asset is regulated as a security or a commodity.
Another letter to Senator Thune Echoing similar sentiments, the Solana Policy Institute (SPI) also wrote to Senate Democrat Schumer and Senate Thune on the 28th of July, requesting that they bring the CLARITY Act to the Senate floor before the start of the August recess.
Signed by Miller Whitehouse-Levine, the founder and CEO of SPI, and SPI President Kristin Smith, the letter makes the case that the bipartisan bill is ready for final consideration after almost ten years of work. SPI added,
The Clarity Act delivers what the American crypto ecosystem needs.
Given that the U.S. led the world in blockchain developer growth in 2024, SPI understands the importance of legal certainty. This is because the Solana ecosystem alone saw an 84% year-over-year increase in developers.
The letter makes the case that current financial regulations were created for traditional markets, which depend on custodians, brokers, and centralized exchanges. In contrast, blockchain networks function through decentralized systems, necessitating the need for updated regulations.
The crypto industry and Republicans demand approval Further pressuring the approval, Coinbase CEO and co-founder Brian Armstrong noted,
Source: Brian Armstrong/X Senator Cynthia Lummis, the Act’s most outspoken supporter, also mentioned,
Source: Senator Cynthia Lummis/X Final Summary The CLARITY Act is now getting support from the broader crypto industry for approval. The rise in pressure seems to have come after the revised version of the Act garnered attention.
Hastra, an RWA issuer boasting over $475M in total multichain AUM, has launched $AUTO, a real-world yield product distributing consumer auto loans among asset holders.
$AUTO becomes the second RWA yield product in Hastra’s line up, joining $PRIME, a HELOC-powered asset that soared to a $360M market size on Solana within 4 months of launch.
The launch signals growing demand for asset-backed credit and specialty finance tokens, which currently represent 13.9% of Solana’s RWA market.
$AUTO Rolls into Solana DeFi Debuting on Solana before any other chain, $AUTO is the latest durable yield product deployed by Hastra, an RWA issuer incubated by Figure Technologies. Tapping into the $1,68T auto credit market, $AUTO repackages consumer-auto loans into onchain yield products, currently offering 7.81% APY to liquid asset holders.
According to Hastra, auto loans are originated from Agora Data, an established auto finance company with an existing $100M warehouse facility with Capital One.
Figure Forge then transforms these loans into standardized loan participation tokens, pooling similar loans together and issuing fungible, liquid tokens representing pro rata claims on the underlying cash flows.
From launch, $AUTO is composable across Solana DeFi. Liquid and permissionlessly-tradable via the network’s DEXs, $AUTO can also be lent out, collateralized, or leveraged on venues like Kamino. Meanwhile, certain vault operators, like Sentora and RockawayX, have also implemented $AUTO into some of their capital management and allocation strategies.
$AUTO’s debut follows a strong adoption curve from Hastra’s existing product, $PRIME, which enjoyed explosive growth in the months following its launch. In just 4 months, $PRIME roared to a market cap of over $360M on Solana, before expanding to Ethereum.
Passive Yield Products Dominate Solana RWA TVL Solana’s RWA market has dominated crypto mindshare in recent weeks, with explosive volumes across tokenized equities suggesting the onchain economy is embracing more mature, traditional asset classes.
But while onchain stocks capture tremendous volume, commentators argue that passive yield products represent a much larger portion of Solana’s RWA economy than equities and treasuries.
According to RWA.xyz, asset-backed credit and specialty finance tokens like Hastra’s $PRIME, OnRe’s $ONyc Huma’s $PST, equate to over $777M in TVL, constituting 21% of Solana’s total RWA market. Collectively, these assets generate millions of dollars in annual yield for holders, giving investors access to a diversified and resilient range of onchain financial products.
By comparison, Solana’s tokenized equity sector commands a smaller market cap of $472M, with United States Treasuries representing the largest slice of the pie, excluding stablecoins.
Read More on SolanaFloor The blocks are getting bigger
Solana Block Capacity Up 66% Following SIMD-0286 Activation
A decade of tokenized equity pitches promised global access to American stocks. The use case that finally moved volume is pairing them against memecoins on a brokerage’s own chain, and it just pushed Robinhood Chain past Solana in tokenized stock trading. Nobody planned this.
Summary
Since mid-July, launch platforms Bankr and long.xyz have let users issue memecoins backed by tokenized stock liquidity across more than 90 tickers on Robinhood Chain. DEX Screener now shows memecoins trading against tokenized NVDA, TSLA, INTC, RBLX, and SPCX among the chain’s top 100 pools. That mechanism has pushed Robinhood Chain past Solana in tokenized stock volume, against Ondo’s multichain stock tokens averaging roughly $24.9 million. Tokenized stocks remain a sliver of the chain itself, which cleared roughly $444 million in daily decentralized exchange volume against $332.7 million in total value locked, with most of it in memecoins. Pons has announced V2 support for tokenized quote assets including NVDA, AAPL, and HOOD, but its contracts were still in audit with two partners as of late July and every feature remains subject to change until deployment. Tokenized equities have been pitched for roughly a decade on a consistent premise: that a share of Apple represented as a blockchain token would unlock global access, continuous trading, and programmable finance for the largest asset class on earth. The pitch produced a long series of products, several regulatory settlements, a handful of scrapped launches, and until recently very little volume. Then in mid-July, without any announcement resembling the pitch, tokenized American stocks found a use that actually moved size. Launch platforms on Robinhood Chain began letting anyone issue a memecoin whose liquidity pair is a tokenized equity, across more than ninety tickers, and traders took it up immediately. The chain’s top hundred pools now include memecoins quoted against tokenized Nvidia, Tesla, Intel, Roblox, and SpaceX. The volume that arrangement generates has been sufficient to push Robinhood Chain ahead of Solana in tokenized stock trading. So the first genuine product-market fit for tokenized equities is not investment, settlement, or collateralised lending. It is serving as the denominator in speculative token pairs, and understanding why that happened tells you more about tokenization’s near future than any of the pitches did.
What is actually live Precision matters here because a well-publicised announcement has been widely confused with the working product.
Bankr and long.xyz, both operating on Robinhood Chain, began in mid-July allowing users to issue memecoins backed by tokenized stock liquidity, with coverage extending across more than ninety tickers.
These are live, trading, and visible on public analytics. DEX Screener data places memecoins paired against tokenized NVDA, TSLA, INTC, RBLX, and SPCX within the chain’s top hundred pools by activity.
The tokenized stocks themselves come from Robinhood’s own factory, which has issued something in the region of 102 assets. The chain runs as an Arbitrum-based Ethereum Layer 2 with ETH for gas, with Robinhood Markets operating the sequencer, which means the network is permissionless to build on and centrally operated. There is no chain token, and fees accrue to the company instead of any onchain treasury, a structure our audit of the chain’s revenue arrangement examined in detail.
Separately, and not yet live, the chain’s dominant launchpad has announced a V2 upgrade that would add support for tokenized quote assets including USDG, NVDA, AAPL, and HOOD, alongside an ETH-denominated bonding curve, Uniswap V4 pools using Hooks, a 4.2 ETH graduation threshold, and creator payouts denominated in ETH. As of the announcement, contracts were undergoing audit with two partners and the team stated every feature remained subject to change until deployment. That distinction matters: the launchpad currently running more than half of the chain’s transactions has announced the feature its competitors already shipped three weeks earlier.
The milestone nobody planned The consequence is a headline number that the tokenization industry has wanted for years, arriving through a mechanism nobody proposed.
Robinhood Chain has overtaken Solana in tokenized stock volume. Against that, Ondo Finance’s multichain stock tokens have averaged roughly $24.9 million, and the measurement in question counts only genuine tokenized stocks while excluding the chain’s official market-maker address, which understates total activity while stripping out house liquidity.
Now the context that reframes it. The chain cleared approximately $444 million in total decentralized exchange volume over a recent day against $332.7 million in total value locked, and most of that volume is memecoins. Cumulative chain DEX volume has exceeded $9 billion with roughly 80% coming from higher-risk memecoins. Tokenized stocks, in other words, are simultaneously the category in which this chain leads the industry and a sliver of the chain’s own activity.
Both facts are true and the tension between them is the story. A tokenized equity used as a quote asset generates volume every time the memecoin paired against it trades, which means the stock’s recorded trading activity is a byproduct of speculation in something else entirely. The number goes up. What it measures is not what the tokenization pitch promised it would measure.
LATEST: Robinhood Chain reaches $294 million in stablecoin market cap and $140 million TVL in under two weeks
The network has also recorded more than $3 billion in seven-day DEX volume, drawing comparisons to Ethereum’s launch pic.twitter.com/KTywnPVEjY
— crypto.news (@cryptodotnews) July 14, 2026 Why a stock is an unusual quote asset This is where the design deserves scrutiny, because pairing a token against an equity introduces properties that pairing against ETH or a stablecoin does not, and none of them have been stress-tested.
Market hours. A tokenized equity references an asset that trades on an exchange with opening and closing bells, holidays, and halts. The token trades continuously. What the quote asset is worth between 4pm and 9:30am the next morning depends entirely on how the tokenized product is designed and priced, and a memecoin pool denominated in it inherits that ambiguity for two thirds of every weekday.
Gap risk. Equities gap. An earnings print, a guidance revision, or a regulatory action can move a stock materially between one session’s close and the next session’s open, with no continuous price path in between. A liquidity pool whose denominator gaps ten percent overnight has repriced every position in it without a single trade occurring in the memecoin itself. Traders accustomed to volatility in the numerator now carry volatility in the denominator, from an event calendar most of them do not follow.
Corporate actions. Splits, dividends, mergers, and delistings all require handling. A tokenized product’s terms specify how, and the specifications vary considerably across issuers, as our examination of what tokenized stock holders actually own found. A pool paired against an asset undergoing a corporate action is a pool whose accounting depends on contractual language written by a third party.
Oracle and redemption dependency. The quote asset’s value rests on the tokenized product maintaining its relationship to the underlying share, which depends on the issuer’s reserves, redemption mechanics, and operational continuity. A memecoin pool inherits that dependency without its participants necessarily knowing it exists.
None of which makes the design illegitimate. It makes it novel, and novel financial plumbing generally reveals its failure modes under stress, not in documentation. The relevant stress event for this design is an ordinary earnings season, and the chain has not been through one with these pools live.
The chain’s stated purpose against its actual use The most quotable thing in this whole story comes from Robinhood itself. The company’s framing, roughly, is that it is building the best chain for real-world assets, and that it works great for memes too.
That sentence is doing a lot of work. The chain was launched as infrastructure for tokenized securities and decentralized finance built around them, with transferable stock tokens backed one-for-one by underlying shares and a strategic story pointing at brokerage customers trading equities onchain, borrowing against them, and using dollar tokens for settlement. Our audit of the chain’s first month found that memecoins took it instead, and the numbers since have not reversed: roughly 80% of cumulative volume in higher-risk memecoins, more than half of all chain transactions running through a single launchpad, and over twelve thousand new tokens minted in a day.
The tokenized-stock-as-quote-asset development sits precisely on the seam between the stated purpose and the actual use, and it resolves the tension in an unexpected direction. Rather than tokenized equities displacing memecoins, memecoins have absorbed tokenized equities as an input. The RWA milestone the chain’s marketing wanted was delivered by the speculation its marketing downplays.
One analyst framing captures the right test better than any volume figure: the number to track is tokenized equity volume as a share of the chain’s decentralized exchange activity. Memecoin churn decays on every new chain. What would be genuinely unreplicable is a brokerage’s customers trading Nvidia at three in the morning, borrowing against it, and lending dollar tokens, because no competing Layer 2 can assemble that without Robinhood’s licences and user base. Volume generated by memecoin pairs is not that behaviour, and distinguishing the two is the whole analytical task.
The competitive scramble underneath The reason this arrived in mid-July and not at launch is competitive, and the sequence is worth following because it explains why an untested design shipped quickly.
Robinhood Chain’s launchpad market has already turned over once. The platform that dominated it early held roughly three quarters of token deployments, cleared more than twelve million dollars in protocol fees, and switched off new issuance on July 11, after which its flagship memecoin declined along with several others. Displaced activity scattered across rivals including flap.sh, trensh.today, Bankr, and Pons, and Pons emerged with the largest share.
That turnover created two conditions. It proved that share on this chain is not defensible, since the previous leader vacated a dominant position in days and the traffic simply rerouted. And it left several platforms competing for the same displaced users with essentially identical products, which is the situation that forces differentiation.
Tokenized equity pairs are that differentiation. Bankr and long.xyz shipped it in mid-July, across ninety-plus tickers, and it gave them something no competitor offered on a chain whose entire strategic identity is real-world assets. Pons announced its own version within days, with contracts still in audit. Meanwhile, a new entrant raised $3.5 million to build a competing launchpad, and the gas subsidy that makes high-frequency minting free closes around the end of September.
So the design that this piece has spent several sections examining for untested risk properties was shipped into a market where the cost of waiting was losing share to whoever shipped first. That is the ordinary dynamic of competitive product development, and it is also the reason novel financial plumbing in this sector tends to reach users before its failure modes are understood. The participants providing liquidity in these pools are not being asked to evaluate a mature product. They are early users of something three weeks old that exists because a rival launched it and everyone else had to match.
LATEST: Vlad Tenev outlines Robinhood Chain vision for real world assets
The chain will make RWAs programmable globally portable and always available pic.twitter.com/ySV4OMwekz
— crypto.news (@cryptodotnews) July 17, 2026 What this means for tokenization Step back from one chain and the development says something uncomfortable about where tokenized equities are finding demand.
Two tracks are now visible and they are moving in opposite directions. The institutional track runs through the depository: as our examination of that development described, the entity custodying more than $114 trillion in securities processed its first live tokenized trades in mid-July, with more than forty firms participating and full launch scheduled for October, using tokenized representations that preserve identical legal ownership rights. That is tokenization as the incumbents will do it, at a scale the crypto-native market has not approached.
The speculative track runs through chains like this one, where tokenized equities are useful precisely because they are novel, permissionless, and available as pool denominators. That track produces volume quickly, serves users the institutional track will not reach, and generates activity metrics that flatter the category.
The awkward part is that the second track’s volume gets counted in the same sentences as the first track’s ambition. When tokenized stock trading volume is cited as evidence of institutional adoption, some meaningful share of it is memecoin pairs. That is not fraud and nobody is hiding it, but it is the same measurement problem this publication has documented across chain metrics generally: a number that is accurate, checkable, and measuring something other than what the reader assumes.
For anyone assessing tokenization’s progress, the useful adjustment is to separate volume in tokenized assets from volume denominated in them. The first is adoption. The second is a byproduct.
Who is on the other side One question the design raises and none of the coverage asks: when a memecoin trades against tokenized Nvidia, who supplied the Nvidia.
In a conventional pool, the quote asset arrives from whoever wants exposure to the token, and the pool’s depth reflects how much ETH or stablecoin people are willing to commit. Substituting a tokenized equity changes who can participate. Providing liquidity now requires holding the tokenized stock, which means acquiring it through whatever channel the issuer permits, on a chain where the issuer is the same company operating the sequencer.
That produces an unusual concentration. The tokenized assets come from Robinhood’s factory, roughly 102 of them. The chain is operated by Robinhood. The launchpads are third parties but they are building against Robinhood’s assets on Robinhood’s infrastructure, and the analytics that measure the resulting volume exclude the chain’s official market-maker address specifically because including house liquidity would distort the picture. The fact that such an exclusion is necessary tells you the house is present.
None of that is improper, and vertical arrangements of this kind are ordinary in traditional markets, where exchanges, clearinghouses, and market makers are frequently affiliated under disclosed structures. It is worth naming because the participants in these pools are retail traders on a consumer application, and the question of who provides the liquidity they trade against is one that took equity markets decades of regulation to answer transparently.
The practical instruction for a participant is narrow and checkable. Before providing liquidity to a pool denominated in a tokenized equity, find out where that equity came from, what redeeming it requires, and who else holds a meaningful share of the pool. Those are answerable from public data, and they determine what happens when everyone tries to exit at once.
The precedent from a market that already tried this There is a close historical analogue, and it is worth knowing because it ended badly enough to have produced regulation.
Contracts for difference and synthetic equity products have offered retail traders exposure to stocks without ownership for decades, priced off a reference market, traded outside its hours, and settled in cash. The products worked mechanically. The problems that emerged were the ones this design inherits: reference prices that diverged from the underlying when the underlying was closed, gap events that liquidated positions at prices no market had printed, and retail participants who did not understand that the thing determining their outcome was a contractual reference, not a share. European regulators eventually imposed leverage caps and marketing restrictions specifically on those products after examining client outcome data.
The parallel is not exact and the differences matter in both directions. These are not leveraged products, the pools are permissionless instead of dealer-operated, and the tokenized assets involved are backed one-for-one by shares instead of being pure synthetics. Against that, a decentralized pool has no dealer to widen spreads or halt trading when the reference market gaps, no suitability assessment for participants, and no regulator having examined outcome data because the products are three weeks old.
What the analogue supplies is a list of questions with known answers from a different market. What happens to a position when the reference asset gaps and no continuous price existed in between. Who bears the cost when the tokenized representation and the underlying diverge. Whether participants understand what determines their outcome. Retail synthetic equity products answered all three the hard way, over years, and the answers were unfavourable enough to change the rules.
The memecoin-paired-against-tokenized-equity design has not answered any of them yet, and it will get its first real test on an ordinary earnings date, not in a crisis.
What to watch Tokenized equity volume as a share of chain DEX activity. The single metric that distinguishes real adoption from pool-denominator effects, and it is computable from public dashboards.
The first earnings season with these pools live. Gap risk in a quote asset is theoretical until a stock moves ten percent overnight with memecoin pools denominated in it. That test arrives on a published calendar.
Whether Pons V2 ships, and with what. The launchpad running more than half of the chain’s transactions announced tokenized quote pairs with contracts still in audit and features explicitly subject to change. Its actual deployment, and whether the announced feature set survives, is the near-term event.
The gas subsidy expiry. Robinhood waived gas for ninety days from the July 1 mainnet launch, which makes minting twelve thousand tokens a day economically trivial. That window closes around the end of September, and the unit economics of high-frequency launching change when fees return.
Whether any tokenized-stock activity appears that is not speculation. Borrowing against tokenized equities, using them as settlement collateral, or holding them as positions rather than pool denominators would be the first evidence that the chain’s stated purpose is arriving. Our coverage of the holder-versus-value split found the chain leading on holders with a fraction of the value, which is the shape of a distribution problem rather than an adoption one.
A closing note on what would change the reading, because the case above is deliberately unsympathetic and there is a version of this that is genuinely constructive.
The strongest argument for pairing tokens against tokenized equities is that it creates demand for a tokenized asset that otherwise has almost none. Our examination of the tokenized equity market found the largest issuer holding under a billion dollars and the most widely held product carrying roughly forty-four million in value across several hundred thousand holders, an average position near a hundred and thirty dollars. Those are not the numbers of a functioning market. A mechanism that gives tokenized stocks a reason to sit in pools, be borrowed against, and change hands is a mechanism that builds the liquidity every other use case depends on, and liquidity has to come from somewhere before it comes from institutions.
Speculation has bootstrapped legitimate financial infrastructure before. The initial coin offering era funded the developer tooling that later served enterprises. Memecoin volume paid for the block space and validator economics that now settle serious value. If tokenized equity pools deepen because memecoin traders need denominators, and the deeper pools then support borrowing, settlement, and hedging that would not otherwise have existed, the sequence will look sensible in hindsight regardless of how it looks now.
The test is whether the second stage arrives. Speculation that bootstraps infrastructure and speculation that simply extracts and leaves are indistinguishable while the speculation is happening, and they are separated by exactly one observation: whether non-speculative activity in the same assets grows while the speculation cools. That number is publicly computable, nobody is currently reporting it, and it is the only thing that will settle whether this development was the beginning of tokenized equities or a footnote in the history of memecoins.
Disclaimer: This article is for information and educational purposes only and does not constitute financial or investment advice. It describes live products and one announced but undeployed upgrade whose features may change, and figures reflect public analytics available at the time of writing. Tokenized asset products vary considerably in legal structure. Always do your own research. Information is accurate as of July 30, 2026.
Frequently Asked Questions What does it mean to pair a memecoin against a tokenized stock? In a decentralized exchange pool, every token trades against a quote asset, conventionally ETH or a stablecoin. Since mid-July, launch platforms on Robinhood Chain have allowed users to issue memecoins whose quote asset is a tokenized equity instead, across more than ninety tickers, so the memecoin’s price is denominated in tokenized Nvidia, Tesla, or another stock rather than in a crypto asset.
Who is actually doing this? Bankr and long.xyz, both operating on Robinhood Chain, began offering it in mid-July, and the resulting pools now appear among the chain’s top hundred by activity, including pairs against NVDA, TSLA, INTC, RBLX, and SPCX. Pons, the chain’s dominant launchpad, has announced similar support in a V2 upgrade whose contracts were still in audit as of late July.
Has Robinhood Chain really overtaken Solana in tokenized stock volume? By the cited measurement, yes, and the mechanism is these memecoin pairs. The comparison counts genuine tokenized stocks and excludes the chain’s official market-maker address, which understates total activity while removing house liquidity. Ondo’s multichain stock tokens averaged roughly $24.9 million over the same period.
Are tokenized stocks a large part of Robinhood Chain? No. The chain cleared roughly $444 million in daily decentralized exchange volume against $332.7 million in total value locked, and most of that is memecoins. Cumulative volume has exceeded $9 billion with about 80% from higher-risk memecoins. Tokenized stocks are simultaneously the category where the chain leads and a small share of its own activity.
What are the risks of using a stock as a quote asset? Four that do not arise with ETH or stablecoins. Market hours, since the equity’s reference market closes while the pool trades continuously. Gap risk, since stocks can move materially between sessions with no continuous price path. Corporate actions such as splits and mergers, whose handling depends on the tokenized product’s terms. And dependency on the issuer maintaining the token’s relationship to the underlying share.
Is this what tokenization was supposed to be? Not as pitched. The decade-long case for tokenized equities centred on global access, continuous trading, and use as programmable collateral. Serving as the denominator in speculative token pairs was not part of that case, and it generates trading volume in the tokenized asset as a byproduct of speculation in something else.
How does this compare to institutional tokenization? They are separate tracks. The depository processed its first live tokenized trades of stocks, ETFs, and Treasuries in mid-July with more than forty major firms participating and full launch scheduled for October, using tokens that preserve identical legal ownership rights. That is a different product with a different user base, operating at a scale the crypto-native market has not approached.
What should observers actually track? Tokenized equity volume as a share of total chain decentralized exchange activity, which separates adoption from denominator effects; the first earnings season with these pools live, which tests gap risk; whether Pons V2 ships as announced; the gas subsidy expiry around the end of September; and any tokenized-stock activity that is not speculation. This is educational analysis, not investment advice.
Flowra, the open orderflow auction and validator infrastructure platform for Solana, today announced a collaboration with compliance infrastructure provider Honeypot to integrate sanctions and risk screening directly into the block-building process.
The collaboration combines Honeypot’s compliance intelligence with Flowra’s Programmable Block Policy (PBP), enabling institutional validators to define compliance rules governing which transactions and bundles can be included during block construction.
The integration is designed to support screening against sanctions-related criteria, including wallet addresses associated with sanctioned entities, as well as network-level indicators such as VPNs, proxy services and Tor exit nodes, methods that account for an estimated 31-61% of traffic arriving through network obfuscation. The framework is also being designed to support additional enterprise compliance providers over time.
Each validator will define its own policy, preserving validator autonomy while giving operators greater flexibility over block-building decisions.
“Public blockchains have become increasingly attractive to institutional participants, but the infrastructure hasn’t evolved to give validators the compliance controls many regulated operators expect,” said Harry Hwang, CEO of Flowra. “We’re working with Honeypot to bring compliance into the block-building process itself, allowing validators to define and enforce their own policies before transactions are included on-chain. The goal isn’t to make the network less open, it’s to give individual validators the flexibility to operate in a way that reflects their own requirements.”
The collaboration will initially focus on sanctions screening, wallet screening and auditability for regulated institutions, with additional technical details to be shared as implementation progresses.
About Flowra Flowra is a blockchain infrastructure company building validator and order flow solutions for the Solana ecosystem. The company develops technology designed to improve transaction transparency, value distribution, and incentive alignment across validators, users, and builders. Through its validator infrastructure, delegation programs, and MEV-related technologies, Flowra aims to create a more open, efficient, and scalable foundation for the next generation of blockchain networks.
About Honeypot Honeypot provides compliance intelligence for platforms operating under sanctions and geo-restriction requirements. By detecting VPNs, proxies, Tor exit nodes and other forms of location obfuscation, Honeypot helps exchanges, DeFi protocols and financial institutions strengthen compliance controls and support regulatory audit requirements.
Seoul, South Korea, 30th July 2026, ChainwireBy Chainwire
Jul 30, 2026
2 min read
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Seoul, South Korea, July 30th, 2026, Chainwire
Flowra, the open orderflow auction and validator infrastructure platform for Solana, today announced a collaboration with compliance infrastructure provider Honeypot to integrate sanctions and risk screening directly into the block-building process.
The collaboration combines Honeypot's compliance intelligence with Flowra's Programmable Block Policy (PBP), enabling institutional validators to define compliance rules governing which transactions and bundles can be included during block construction.
The integration is designed to support screening against sanctions-related criteria, including wallet addresses associated with sanctioned entities, as well as network-level indicators such as VPNs, proxy services and Tor exit nodes, methods that account for an estimated 31-61% of traffic arriving through network obfuscation. The framework is also being designed to support additional enterprise compliance providers over time.
Each validator will define its own policy, preserving validator autonomy while giving operators greater flexibility over block-building decisions.
"Public blockchains have become increasingly attractive to institutional participants, but the infrastructure hasn't evolved to give validators the compliance controls many regulated operators expect," said Harry Hwang, CEO of Flowra. "We're working with Honeypot to bring compliance into the block-building process itself, allowing validators to define and enforce their own policies before transactions are included on-chain. The goal isn't to make the network less open, it's to give individual validators the flexibility to operate in a way that reflects their own requirements."
The collaboration will initially focus on sanctions screening, wallet screening and auditability for regulated institutions, with additional technical details to be shared as implementation progresses.
About Flowra
Flowra is a blockchain infrastructure company building validator and order flow solutions for the Solana ecosystem. The company develops technology designed to improve transaction transparency, value distribution, and incentive alignment across validators, users, and builders. Through its validator infrastructure, delegation programs, and MEV-related technologies, Flowra aims to create a more open, efficient, and scalable foundation for the next generation of blockchain networks.
About Honeypot
Honeypot provides compliance intelligence for platforms operating under sanctions and geo-restriction requirements. By detecting VPNs, proxies, Tor exit nodes and other forms of location obfuscation, Honeypot helps exchanges, DeFi protocols and financial institutions strengthen compliance controls and support regulatory audit requirements.
Flowra today announced a collaboration with compliance infrastructure provider Honeypot to introduce validator-level sanctions and risk screening for Solana, extending compliance capabilities into the block-building process through Flowra’s Programmable Block Policy framework.
The collaboration enables institutional validators to define customizable policies governing which transactions and bundles can be included during block construction. By combining Honeypot’s compliance intelligence with Flowra’s validator infrastructure, the companies aim to provide regulated operators with additional tools to meet compliance requirements while maintaining independent control over how those policies are implemented.
The initial rollout supports screening against sanctions-related criteria, including wallet addresses associated with sanctioned entities, as well as network-level indicators such as VPNs, proxy services and Tor exit nodes. Flowra said the architecture is designed to support additional enterprise compliance providers over time, allowing validators to integrate different compliance solutions as regulatory expectations and institutional participation continue to evolve.
Institutional adoption has expanded beyond trading platforms and custodians to include staking providers, infrastructure operators and professional validators. As those participants become a larger part of blockchain ecosystems, many are looking for infrastructure that can accommodate compliance requirements without requiring every validator on the network to operate under the same rules.
Flowra’s approach is designed around validator choice rather than network-wide enforcement. Each validator can independently determine whether compliance policies are implemented, which providers are integrated and how transaction selection rules are configured. That flexibility allows regulated operators to adapt their infrastructure to their own operational or jurisdictional requirements while preserving the decentralized nature of validator participation across the network.
Unlike compliance controls applied before transactions reach the blockchain, the collaboration introduces configurable policies within the validator workflow itself. Validators that choose to participate can evaluate transactions and bundles during block construction according to policies they define, while validators that do not require those controls can continue operating under their existing workflows.
“Public blockchains have become increasingly attractive to institutional participants, but the infrastructure hasn’t evolved to give validators the compliance controls many regulated operators expect,” said Harry Hwang, CEO of Flowra. “We’re working with Honeypot to bring compliance into the block-building process itself, allowing validators to define and enforce their own policies before transactions are included on-chain. The goal isn’t to make the network less open, it’s to give individual validators the flexibility to operate in a way that reflects their own requirements.”
The companies said the collaboration will initially focus on sanctions screening, wallet screening and auditability for regulated institutions. Additional technical capabilities and integrations are expected to be introduced as implementation progresses, expanding the number of enterprise compliance providers available through Flowra’s Programmable Block Policy framework.
Flowra builds validator infrastructure, delegation programs and orderflow technologies for the Solana ecosystem with a focus on improving transparency, incentive alignment and value distribution across network participants. Honeypot provides compliance intelligence that enables exchanges, DeFi protocols and financial institutions to detect VPNs, proxy services, Tor exit nodes and other forms of location obfuscation while supporting sanctions compliance and regulatory audit requirements.
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A South Korean payment processor that handles roughly $4 billion in monthly transaction volume just signed on to bring Solana Pay to its network of over 330,000 merchants. KSNET and the Solana Foundation inked a memorandum of understanding on July 30, setting the stage for one of the largest real-world crypto payment integrations in Asia.
KSNET processes approximately 130 million transactions every month and has been in the payments business for 26 years.
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What the deal actually covers The MOU outlines plans to integrate Solana Pay into both online and offline payment experiences across KSNET’s merchant network. The two organizations also plan to develop a proof-of-concept for an AI-based payment model using technology called “x402.”
KSNET’s crypto track record and Solana’s Korean ambitions In May 2025, KSNET partnered with Crypto.com to support digital asset payments for travelers across various retail categories in Korea. The Solana partnership appears broader in scope, targeting the domestic consumer market as well.
In June 2022, the Solana Foundation launched a dedicated $100 million fund aimed at fostering web3 startups in South Korea.
South Korea’s regulatory environment has also been evolving. The country implemented its Virtual Asset User Protection Act, signaling that regulators are trying to create guardrails rather than outright bans.
What this means for investors Solana’s advantage is speed and cost, with transaction fees that are fractions of a cent and settlement times measured in seconds.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Morgan Stanley has expanded its offerings in the cryptocurrency space by launching new Exchange Traded Products (ETPs) that include staked Ethereum (ETH) and Solana (SOL). Coinbase is reportedly providing the underlying technology for these products, as confirmed by Brian Armstrong, Coinbase’s CEO, on social media. The launch of these ETPs marks a significant step for Morgan Stanley, integrating staking from the outset, a first among major U.S. bank-affiliated asset managers. This development comes as part of Morgan Stanley’s broader strategy to incorporate digital assets into its investment services, following the introduction of E*TRADE spot trading for bitcoin, ether, and solana earlier this month.
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Key Takeaways The introduction of Morgan Stanley’s crypto ETPs appears to suggest increased mainstream institutional adoption of digital assets, particularly Ethereum and Solana. Market participants may interpret Morgan Stanley’s integration of staking in its ETPs as supportive of Ethereum’s price growth, consistent with a more optimistic outlook for ETH reaching significant price thresholds. Current market pricing indicates a modest increase in confidence towards Ethereum hitting higher price targets by the end of 2026, reflecting the strategic moves by major financial institutions. What to Watch Observers will be keenly watching if this announcement by Morgan Stanley will lead to increased inflow in Ethereum-focused investment products, potentially influencing market odds. Future regulatory developments, including possible SEC actions on crypto ETFs, could also impact market sentiment. The performance and adoption of these new financial products in the coming months may provide further insights into the evolving landscape of institutional cryptocurrency investment.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31, 2026 1.8% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 2.6% — — View market → December 31, 2026 4.5% — — View market → December 31, 2026 6.5% — — View market → January 1 2027 12.5% — — View market → January 1 2027 12.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 2.9% — — View market → January 1 2027 2.9% — — View market → January 1 2027 3.9% — — View market → January 1 2027 7.5% — — View market → January 1 2027 43% — — View market → January 1 2027 9% — — View market → January 1 2027 3% — — View market → January 1 2027 42.5% — — View market → January 1 2027 20% — — View market → January 1 2027 17.5% — — View market → January 1 2027 86.5% — — View market → January 1 2027 62% — — View market →
TLDR: DeFi TVL fell $43.4 billion, or 38%, while six major L1s lost $246.5 billion in market cap. Ethereum ETF holdings dropped to 5.2M ETH as treasury firms raised holdings to 7.7M ETH. Layer 2 user operations fell 77% from January to June, far outpacing Ethereum’s 9% decline. BNB Chain stayed the only deflationary major L1, burning tokens at a 5.05% annual rate. Crypto market activity did not rotate between sectors during the first half of 2026. Instead, a broad on-chain contraction hit nearly every part of the industry, according to Binance Research.
Total DeFi TVL fell $43.4 billion, or 38%, while six major Layer 1 blockchains lost a combined $246.5 billion in market capitalization, or 42%.
Contraction Spreads Across Ethereum, Layer 2s, And DeFi Ethereum’s marginal holder base shifted rather than grew during this period. Spot ETF balances shrank from over 6 million ETH to 5.2 million ETH.
Digital asset treasury companies expanded their holdings from 6 million to 7.7 million ETH. This change flipped the balance between the two holder groups, widening the gap between them.
Cheaper Ethereum blockspace failed to convert into stronger revenue. The network’s gas limit rose to roughly 60 million units this year.
Average gas prices fell 75% compared with 2025, and transaction counts rose about 50%. Despite this activity, chain revenue is tracking a 53% decline for the full year.
Generalist Layer 2 networks shed users faster than the broader market contracted. Total L2 user operations fell approximately 77% between January and June 2026.
Ethereum itself saw a smaller 9% decline over the same stretch. This gap shows contraction hit L2s harder than the base layer.
DeFi TVL fell 38.7% during the first half, outpacing the wider market drop. Active loans across DeFi protocols declined 38.0% during the same period.
April marked the sharpest deterioration, coinciding with major exploits across the space. The industry recorded 207 security incidents, the highest count in any six-month period, resulting in $972 million in losses.
Solana And BNB Chain Show Divergent Paths Within The Same Downturn Solana’s network revenue dropped sharply even as trading patterns held steady. Monthly REV fell from $40 million in January to $14 million in June.
That decline amounted to 64.5% over six months. Memecoins still represented 25% of Solana’s decentralized exchange volume.
Tokenized equities gained a foothold on Solana despite the broader pullback. These assets reached 4% of Solana DEX volume by June 2026.
BNB Chain also became a leading venue for tokenized equities during this period. Tokenized RWA market cap on BNB Chain grew 107% in the first half.
BNB Chain’s share of on-chain real-world assets rose as a result. Its portion climbed from 9.8% to 13.5% of the total market.
BNB Chain also remained the only major deflationary Layer 1 network. Its annualized burn rate reached 5.05%, compared with 0.86% for ETH.
Prediction markets stood apart from the broader contraction pattern. Monthly notional volume rose 86% to $51.6 billion, driven partly by the World Cup.
Kalshi and Polymarket accounted for 92% of June’s total trading volume. Non-sports volume across both platforms increased 136% during the same window.
A trading bot is only as good as its inputs. An AI agent is only as good as its tools. Both depend on the API layer underneath. Automated systems need four things in production. Data to read and signals to act on. Rails to move assets and a venue to trade. No single provider covers all four. Cointribune’s ultimate developer and AI agent guide ranked general-purpose providers. A separate guide to EVM and Solana infrastructure covers the RPC layer. This list is narrower. It ranks what a bot or agent calls in production.
Quick Verdict Overall winner: CoinStats API Onchain and flow signals: CryptoQuant Non-custodial swap rails: StealthEX Spot and derivatives execution: BingX Onchain and prediction-market data: Codex Exchange trading with a sandbox: CEX.IO API CoinStats API takes the top spot for one reason. One key returns market data, wallets, DeFi, portfolio analytics, and token security. The other five are specialists. Each wins decisively inside its own lane.
What a Bot Actually Needs From an API MCP support Model Context Protocol exposes endpoints as callable tools for LLMs. An agent then queries data in plain language. Native servers remove adapter code entirely.
Portfolio context, not only prices Bots act on positions. Balances, PnL, and DeFi exposure all matter as inputs.
Signals it did not have to compute Pre-computed indicators save months of pipeline work. Onchain flow data adds context beyond candles.
Execution rails Reading data is half the job. A bot also has to convert or trade.
Predictable cost under constant polling Bots poll around the clock. Credit models, rate limits, and free tiers decide real running costs.
The Market Map: Who Each API Is Built For CoinStats API: Market data, wallets, DeFi, portfolio analytics, and token security behind one key. Best for most bot and agent builds. CryptoQuant: Exchange flows, miner behaviour, and derivatives stress as ready metrics. Best for signal-driven and behavioural strategies. StealthEX: Non-custodial instant swaps across 2,000+ assets, with no end-user accounts. Best for privacy-minded conversion inside bots. BingX: Spot and perpetual futures under one integration, with real-time streams. Best for derivatives bots and copy-trading systems. Codex: Real-time token data across 80+ networks, plus Polymarket and Kalshi. Best for onchain and prediction-market bots. CEX.IO API: REST, WebSocket, and FIX with a full sandbox environment. Best for teams testing execution before going live. The Best Crypto APIs for Bots and Agents in 2026 1) CoinStats API CoinStats API is the broadest data layer on this list. One key returns market data, wallets, DeFi, portfolio analytics, and token security. All of it ships through one REST surface.
Coverage is the reason it ranks first. The API tracks 100,000+ coins across 200+ exchanges. Wallet and DeFi data spans 120+ blockchains. DeFi positions auto-detect across 10,000+ protocols. Supported networks include Solana, Ethereum, EVM chains, and Bitcoin. Historical pricing reaches back ten years.
Agent builders get two routes into the same data. CoinStats MCP Server ships 20+ crypto-data tools over one URL. Claude, Cursor, Claude Code, VS Code, and N8N all connect. An x402 option also allows pay-per-request access. An agent pays in USDC from a Base wallet. No account and no API key are required.
Trading bots gain a safety layer too. A Token Security endpoint screens EVM contracts before a trade. It runs on Hexens’ Glider engine. Flags cover honeypots, hidden fees, and upgradeable proxies. The same checks protect 1M monthly CoinStats users.
Pricing is credit-based. A free tier gives 20,000 credits per month. Paid plans start at $49 per month. Credits scale with endpoint complexity. A guide to the best crypto APIs breaks down endpoints and credit costs.
Where it fits: Most bot and agent data needs. AI trading assistants, portfolio-aware bots, and multi-chain monitors all work. Market aggregators fit naturally too.
Where it doesn’t fit: Raw blockchain RPC or node-level access. Order execution runs through an exchange API instead. Microsecond-scale high-frequency trading needs a direct venue connection.
2) CryptoQuant CryptoQuant turns onchain behaviour into ready trading signals. Its Data API serves metrics rather than raw chain data. Exchange flows, miner flows, and inter-entity transfers are core feeds. Market and network indicators sit alongside them.
Named metrics do the interpretive work upfront. MVRV, SOPR, NVT, and Coin Days Destroyed all ship ready. Whale ratio and exchange reserve track large-holder pressure. Funding rates add derivatives stress to the picture. A bot can read exchange inflows as a sell-pressure proxy.
AI agents are a first-class path here. A CryptoQuant MCP Server connects Claude, Cursor, or any MCP client. Docs also publish llms.txt and a machine-readable metric catalog. Agents discover metrics without a human reading the reference.
Endpoints return JSON or CSV over bearer-token auth. Resolution runs from daily down to block level by plan. A free Basic tier covers daily metrics and three years of history. Data API access starts on the Professional plan.
Where it fits: Behaviour-driven bots, flow-based strategies, and alerting systems. Research agents reasoning over market structure fit well.
Where it doesn’t fit: Wallet tracking, portfolio aggregation, or trade execution. Asset coverage centres on major chains and tokens.
3) StealthEX StealthEX is a privacy-focused instant exchange API. It is fully non-custodial. End users never create StealthEX accounts. Standard swap volumes require no mandatory KYC. Risk-based screening applies only to flagged transactions.
Coverage spans 2,000+ coins and tokens across many networks. The REST API supports fixed and floating rates. Floating rates match market price at execution. Fixed rates lock the receive amount in advance. Settlement usually takes 5 to 30 minutes.
The commercial model suits bot builders. Integration is free with no monthly commitments. Partners set a commission between 0 and 0.5 percent. Revenue share applies to routed volume. The team also publishes a free crypto API comparison for budgeting.
Where it fits: Telegram bots, wallets, DEX aggregators, and privacy-minded conversion flows.
Where it doesn’t fit: No market data or analytics endpoints. Settlement runs in minutes, not milliseconds.
4) BingX BingX covers the execution side for derivatives-heavy bots. Its API spans spot, USDT-M perpetuals, and Coin-M perpetuals. REST handles order management and account state. WebSocket streams carry market data and user updates.
Stream design matters for latency-sensitive strategies. Incremental depth updates keep an order book in sync. Full snapshots are available when a stream falls behind. Ticker streams cover price, volume, and funding rates. Listen keys push balance and position changes without polling.
Security controls are granular at the key level. HMAC-SHA256 signing and a recvWindow guard against replay attacks. IP whitelisting locks a key to known infrastructure.
Tooling is broad for a venue of this size. CCXT supports BingX out of the box. Community SDKs cover Python, Go, PHP, and C#. Copy trading and sub-accounts are both exposed programmatically.
Where it fits: Perpetual futures bots, grid and DCA strategies, and copy-trading systems.
Where it doesn’t fit: Data stops at BingX’s own markets. Cross-venue pricing and onchain context need a separate provider.
5) Codex Codex gives bots one API for two different feeds. Tokens sit on one side, prediction markets on the other. Real-time prices, OHLCV candles, and holder analytics cover 90M+ tokens. Coverage spans 80+ networks across EVM, Solana, and more.
Freshness is the headline number. Data lands at one-second freshness over WebSocket subscriptions. Uptime runs at 99.9 percent. Bots act on current prices instead of stale ones. Webhooks and a GraphQL API round out the transport options.
Prediction markets are the part nobody else here covers. Odds, volume, trending events, and order books arrive in one schema. Polymarket and Kalshi data unify behind a single shape. An agent can read crowd sentiment as a live price. The prediction markets docs set out the full event model.
Agent tooling is first class. A TypeScript SDK ships as @codex-data/sdk. An MCP server exposes the same data to agents. Agentic payments through MPP let an agent settle per call. TradingView, Coinbase, and Uniswap all build on Codex.
A free tier covers 10,000 requests per month. Full query access applies even on that plan. Growth starts at $350 per month with WebSockets and webhooks.
Where it fits: Real-time onchain and DEX token data. Prediction-market bots reading Polymarket or Kalshi. Agents wanting enriched data without an indexing pipeline.
Where it doesn’t fit: Not an execution API. Centralized exchange balances and market data need another provider. DeFi position decoding, like Uniswap LP or staking, sits outside scope.
6) CEX.IO API CEX.IO API is a centralized exchange API for traders. It serves teams building bots, arbitrage strategies, and execution tools. Transport covers REST and WebSocket, with FIX available for institutions. REST handles order management cleanly. WebSocket suits real-time data. WebSocket delivers around three times more information per request than REST.
Endpoints expose order book, market depth, trade history, and OHLCV. Developers can stream live data and pull historical market data. A sandbox environment allows bot testing before going live. That feature is missing from many retail-focused exchanges.
API access is free with a CEX.IO account. CEX.IO also publishes a provider crypto API guide for wider context.
Where it fits: Algorithmic traders and bots running on CEX.IO’s order book.
Where it doesn’t fit: Scope is a single exchange. Market coverage and onchain data need separate sources.
Comparison Table ProviderLayerFree tierPaid entryMCPCoinStats APIMarket, wallet, DeFi, portfolio, token security20,000 credits/mo$49/moNative MCP ServerCryptoQuantOnchain and flow signalsBasic, daily resolutionFrom $29/mo, API on ProfessionalMCP Server (beta)StealthEXNon-custodial swap railsFree integrationRevenue shareNoBingXSpot and derivatives executionFree with accountTrading fees applyNoCodexOnchain tokens and prediction markets10K requests/mo$350/moMCP plus agent paymentsCEX.IO APIExchange tradingFree with accountTrading fees applyNo What Separates the Six The pattern matters more than any single ranking.
CoinStats API wins on breadth. One key covers market data, wallets, DeFi, portfolio analytics, and token security. Contract-level risk checks ship through the same surface. That combination is unusual on this list. CryptoQuant wins on interpretation. Most feeds return numbers. CryptoQuant returns named metrics with meaning attached. StealthEX wins on user friction. Swaps complete without accounts, KYC, or custody. Few conversion rails ask so little of an end user. BingX wins on derivatives depth. Spot, USDT-M, and Coin-M sit behind one integration. Copy trading is exposed programmatically as well. Codex wins on freshness and reach. One-second data spans 90M+ tokens across 80+ networks. Prediction-market feeds are unique on this list. CEX.IO API wins on testability. A real sandbox lets a bot fail safely first. FIX support extends the same stack to institutions. Building the Stack Most production bots combine two or three of these.
Start with the data layer. CoinStats API covers the widest surface from one key. Most agent and bot builds can start there. Add signals when the strategy needs them. CryptoQuant supplies flow and behaviour metrics. Codex streams live token and prediction-market data. Pair it with a wallet layer for portfolio context. Execution is a separate decision. StealthEX handles non-custodial conversion inside a product. BingX and CEX.IO API cover order-book trading. One layer stays outside this list. Raw node access still needs an RPC provider. Cointribune’s EVM and Solana infrastructure guide covers that layer. The same split shows up in a developer roundup of Solana APIs. Data APIs enrich, RPC providers execute. Most production stacks pair one of each.
Final Call Ask which crypto API best fits a bot or agent. For 2026, the answer starts with CoinStats API. Breadth, MCP Server, and token security make it the cleanest first integration. It suits most crypto use cases.
The other five are not weaker. They are sharper. CryptoQuant owns flow signals. StealthEX owns frictionless conversion. BingX owns derivatives execution. Codex owns real-time onchain and prediction data. CEX.IO API owns safe testing.
The decision is not which API is best overall. It is which problem the bot has to solve. Start there and the stack picks itself.
Is there a free crypto API for trading bots? Yes. Every provider on this list has a free entry point. CoinStats API gives 20,000 credits per month. StealthEX, BingX, and CEX.IO API charge nothing for integration. CryptoQuant and Codex both offer limited free tiers.
Which crypto API is best for a trading bot? It depends on the layer. For market and wallet data, CoinStats API covers the widest surface. For onchain signals, CryptoQuant reads flows directly. For order execution, BingX and CEX.IO API both work. Most bots pair one data API with one execution venue.
Do AI agents need an MCP server? Not strictly, but it removes work. Without MCP you write and maintain an adapter yourself. CoinStats API, CryptoQuant, and Codex all ship native MCP servers. Most serious providers now do, so MCP is closer to table stakes.
Can one API handle both data and trade execution? Rarely, and separating them is safer. A data API never touches your exchange trading keys. A leak on the data side cannot trigger trades. Most production stacks keep the two layers apart deliberately.
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The Cointribune editorial team unites its voices to address topics related to cryptocurrencies, investment, the metaverse, and NFTs, while striving to answer your questions as best as possible.
One day after listing on NYSE Arca, @MorganStanley's spot Solana ETF pulled in $19.06M in net inflows, accounting for every dollar flowing into US spot $SOL products on Wednesday. Every other issuer in the category sat flat, according to SoSoValue data.
Lowest fee, full staking The fund trades under the ticker MSOL and charges a 0.14% annual management fee, placing it among the lowest-cost US crypto exchange-traded products currently on the market. Beyond price, the structure stands out for what it does with the underlying tokens. The MSOL prospectus targets staking up to 100% of the fund's SOL holdings, routed through three delegated providers: Figment, Galaxy Digital, and Coinbase Canada. 95% of those network rewards are distributed back to shareholders.
Morgan Stanley becomes the first US bank-affiliated asset manager to issue Ethereum and Solana funds. The bank officially classifies MSOL as an exchange-traded product rather than an ETF, but the practical difference for most investors is minimal. Like spot crypto ETFs, it holds digital assets and allows investors to gain price exposure through traditional brokerage accounts without managing wallets or private keys.
Where the broader Solana ETF market stands The category MSOL is entering has been building steadily since its launch. US spot Solana ETFs have accumulated more than $1 billion in cumulative net inflows since their launch on October 28, 2025, per data tracked by SoSoValue. Per the original source data, the funds now hold $862.98M in assets against $1.15B in cumulative inflows.
Every US trading session in July has closed with net inflows into Solana spot ETFs, a streak that has run while SOL trades approximately 57% below where it was priced when those funds launched last October. That resilience matters as context for what Morgan Stanley is stepping into. A wirehouse of this size bringing MSOL into its distribution network adds meaningful institutional reach to a category that has until now been dominated by specialist crypto asset managers.
Whether MSOL sustains its early lead or simply benefits from first-mover curiosity will become clearer over the coming weeks. For now, the numbers from day one suggest it has at least captured the market's attention.
Sources:
Crypto.news: Morgan Stanley launches ETH and Solana ETFs at 0.14%
Solana Compass: US Solana ETFs log positive inflows every July trading day
ETF Trends: Morgan Stanley expands crypto ETF suite with Ethereum and Solana trusts
Arqitech has completed the first Canton Token Standard V2 atomic swaps on the @CantonNetwork MainNet, marking a significant step in bridgeless cross-chain settlement for institutions. The transactions allow institutions to exchange Canton Coin (CC) directly on-chain for Bitcoin, Ethereum, Solana, and TRON assets in a secure, all-or-nothing manner, without handing control of assets to any middleman and without using bridges or wrapped tokens.
What the V2 Standard Changes Arqitech collaborated with Digital Asset on the Canton Token Standard CIP-0112, now known as V2, which was approved by the Canton Foundation (@CantonFdn) in June 2026. The standard introduces committed allocations, an irrevocable lock until a defined settlement deadline, giving the Canton leg of a cross-chain HTLC the same timelock guarantees institutions expect from native chain settlement. The standard now underpins advanced institutional uses such as trustless atomic swaps and regulated real-world asset settlement.
Arqitech's Atomic Swap Protocol is built so that every participant signs their own transactions, whether through enterprise key-management systems or their own private nodes. Validator nodes only prepare and submit instructions that have already been signed, keeping full custody with participants at every step.
Institutional Counterparties Already Active Earlier live swaps on Canton MainNet took place between Arqitech, MPCH, Pixelplex, and sFOX, with each institution exchanging Canton Coin for USDC. Every party retained full control of its private keys within its own wallet, demonstrating that regulated institutions can complete secure, atomic cross-chain transactions while maintaining custody of their assets.
Arqitech's deployment is live on Canton MainNet, and the atomic swap capability is set to open to customers in the coming weeks. Brian Wasserman, CEO of Arqitech, said: "Our Atomic Swap Protocol delivers native on-chain swap interoperability, liquidity and settlement rails, while meeting the same custody, audit, and risk standards institutions require."
The development adds to a broader build-out on Canton. Arqitech provides banks, asset managers, hedge funds, and prime brokers with direct API access to trustless swaps, DEX aggregation across 32-plus chains and 20-plus DEXs, privacy-enabled settlement on Canton Network, and regulated real-world asset pathways, all while clients retain custody.
Sources:
Arqitech Deploys Canton Token Standard V2 in its Atomic Swap Protocol (GlobeNewswire, July 28, 2026)
Institutional Execution of Full Featured HTLC Multi-Chain Swaps with Canton (GlobeNewswire, July 23, 2026)
The best memecoin trading platform in 2026 depends on what the trader wants. Pump.fun offers the clearest path for creating and buying Solana tokens. Robinhood Chain has become a high-volume meme venue with recent mainnet launch.
MemeToro is building an open-source BNB Chain alternative where an AI agent proposes hourly launches and transparent contracts execute fixed funding and distribution rules.
Pump.fun Leads Solana Memecoin Launches Pump.fun remains the most recognized platform for launching Solana memecoins. Users connect Phantom, Solflare, or Backpack, select a token, and buy through its bonding curve.
Token creation costs roughly 0.02 SOL, while trades carry a 1% fee. Tokens generally graduate to Raydium near a $69,000 market capitalization.
The problem is survival. Only around 1% of Pump.fun tokens graduate. Even among profitable wallets, fewer than 35% reportedly clear more than $500.
Pump.fun may remain the best memecoin trading platform for launch simplicity, but the figures show that easy creation does not produce easy profits.
Robinhood Chain Gives Memecoin Traders High Volume But Greater Risk Memecoins represented 79.2% of Robinhood Chain DEX volume by late July. Trading activity reportedly jumped from $200,000 to $500 million within nine days.
Daily transactions peaked near 3.6 million, while TVL approached $312 million. DEX volume reached close to $838 million during the surge.
Those numbers make Robinhood Chain one of 2026’s most important meme-focused venues. However, 63% of its leading memecoin traders were reportedly losing money.
A platform cannot qualify as the best memecoin trading platform based on volume alone. Traders also need contract verification, holder data, liquidity analysis, and controlled order tools.
MemeToro Changes How Memecoins Launch MemeToro is building a different model on BNB Chain. Its AI agent will monitor news, markets, and social sentiment before proposing one complete memecoin concept every hour.
Each proposal will include a name, symbol, explanation, and machine-readable launch manifest. Fixed-rate funding will then accept BNB, stablecoins, or $MT under contract-enforced wallet limits.
Planned MemeToro tools include:
Hourly AI launch concepts Public launch manifests Fixed-rate contribution rounds Wallet-level purchase limits Automatic deployment and liquidity Verifiable token distribution This structure could make MemeToro a best memecoin trading platform candidate for users who value transparent launches over unlimited token creation.
MemeToro’s Public Development MemeToro’s GitHub repository is already live. It contains the architecture, launch-manifest specification, example manifest, roadmap, security policy, and contribution guide.
Coinsult is leading development from the foundation stage. Contracts are not implemented or audited yet, and MemeToro states this directly.
Public commits can become part of a trader’s research process. Instead of relying only on social posts, users can review how the launch rules are being designed and whether milestones are completed.
This transparency strengthens MemeToro’s best memecoin trading platform case, but only working testnet contracts and a successful security review can validate the design.
Essential Tools For Memecoin Trading Regardless of platform, traders need:
Contract-address verification Holder-distribution analysis Liquidity and volume tracking Recent on-chain activity Limit orders or staged entries A predefined exit plan The best memecoin trading platform should make these checks easier rather than encouraging users to buy quickly.
Pump.fun offers speed and simplicity. Robinhood Chain provides extraordinary meme volume. MemeToro aims to add launch transparency, wallet limits, and contract-enforced distribution.
Which Memecoin Trading Platform Leads In 2026? Pump.fun is currently the best memecoin trading platform for proven Solana launch activity. Robinhood Chain stands out for 2026 volume. MemeToro remains an upcoming platform rather than a completed competitor.
MemeToro Stage 5 has raised $87,351.66 and is 71.02% filled. $MT costs $0.00285, while the planned launch price is $0.01875.
Its long-term claim depends on delivering the AI pipeline, fair-launch contracts, ERC-8004 integration, testnet, and security review.
The best memecoin trading platform is ultimately the one that matches the user’s goal while providing enough information to control avoidable risk.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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MoonPay has unveiled PayBox for Solana, a non-custodial payment vault and wallet designed to simplify the purchase and transfer of tokens directly via AI chatbots such as ChatGPT and Claude. The launch, announced on July 29, introduces a natural-language interface for interacting with Solana, allowing transactions to be executed by AI agents on behalf of users.
PayBox connects users of ChatGPT and Claude with Solana’s fast blockchain infrastructure and MoonPay’s payment technology, eliminating the need for traditional dashboards or browser extensions. By granting permission, users allow AI bots to access the PayBox wallet, streamlining key management and transaction signing for a more seamless experience.
AI agents simplify blockchain interactionInstead of navigating complex interfaces, users can now instruct Claude or ChatGPT to swap tokens, make payments, or engage with decentralized applications (DApps) built on Solana. These requests are carried out directly by the AI, which handles the secure signing of transactions in a non-custodial environment.
Solana’s appeal continues to grow among consumers and fintech firms due to its combination of minimal fees and rapid transaction settlements. The integration of AI-powered trading solutions with Solana offers broader accessibility for both new and existing users, further driving adoption of the network.
Users of ChatGPT and Claude can trade assets, make payments, or interact with any Solana-based application by simply issuing conversational commands, expanding accessibility well beyond the crypto-native audience.
For those seeking a comprehensive way to monitor blockchain activity, platforms like CryptoAppsy offer real-time pricing, detailed charts, and portfolio management across multiple currencies on one screen. By establishing smart price alerts and filtering news targeted to specific coins, users can keep up with market movements and instantly respond to emerging opportunities. Additionally, CryptoAppsy provides critical macroeconomic indicators such as Federal Reserve interest rates, helping traders stay informed and competitive.
Implications for developers, institutions, and regulatorsThe integration opens up new distribution channels for developers, enabling their DApps and token utilities to be discovered and used directly within popular AI chatbots. This could lower the barrier for mainstream users entering decentralized finance and NFT markets, further broadening Solana’s reach in 2026.
Financial institutions may view voice-activated and AI-driven wallets as an accessible entry point into regulated, auditable digital asset transactions. The direct interaction between AI platforms and on-chain activity enables more compliant and transparent operations, aligning with rising industry standards.
As AI-driven interfaces facilitate transactions, regulators are expected to increase their scrutiny of custody arrangements, user consent protocols, and anti-money laundering procedures for payments authorized by algorithms.
Exchanges and wallet providers will likely need to adapt to a landscape where AI agents serve as the primary user interface, mediating access to their services without direct front-end control. This shift could reshape expectations for compliance and user onboarding in crypto ecosystems.
Recent acquisitions by MoonPay, such as the purchase of Solana trading platform DFlow in a $100 million stock deal, further demonstrate the company’s commitment to expanding its AI-focused finance strategy. These moves signal ongoing innovation in how users interact with blockchain technology and digital assets.
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 has recently integrated a new upgrade to increase its block capacity. Solana has raised the peak block size from the previous 60M to a staggering 100M compute units (CUs). As per Solana’s official announcement, the development underscores a noteworthy 66% surge in its block capacity. The upgrade comes after the effective activations on devnet and testnet.
Solana Increases Block Capacity for Payments and Trading Scalability By increasing block size to 100M compute units (CUs), Solana is expanding its block capacity to enable the inclusion of more transfers into a block. This provides extra headroom for massive use cases like payments and trading. Compute units normally measure the work that a transfer performs while the block limit caps the total capacity of packing into one block. Increasing the respective capacity permits Solana to ensure seamless performance during heightened demand without the need for the developers to modify the development of applications.
The traffic of the Solana network has continuously tested former limits, with almost 1 in 9 blocks running at almost complete capacity throughout the past year. The respective surges usually take place during increased market volatility when traders require quick landing of their transfers. The spike to 100M CUs fulfills this demand, guaranteeing absorption of surges into blocks without compelling consumers into severe competition for a restricted space.
Interestingly, the upgrade maintains the present 400ms block times of Solana, with decreased slot times specified for future improvements. The platform has just increased the peak block compute units. However, the other limits, like 12M write ceiling for each account and a total 100MB size of the account data remain the same. Keeping this in view, the added capacity denotes the parallel capacity.
Paving Way for Throughput Expansion and Real-World Applications According to Solana, the upgrade underscores one of the key levers to raise the network’s throughput. With the latest increase in the block capacity, the platform is ready for greater resilience and parallel workloads amid increasing demand. Moreover, while expecting minimized slot times and other crucial upgrades, Solana keeps pushing toward faster and bigger blockchain to deal with real-world applications.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
AUTO Markets Go Live on SolanaHastra's AUTO markets are now live on Solana, backed by US auto loans originated by Figure and powered by Chainlink Data Streams. The launch brings real-time loan data onchain, offering DeFi investors exposure to a corner of consumer credit that has historically sat well beyond the reach of decentralized markets.
Figure is bringing the $1.6 trillion US auto loan market to DeFi, powered by Chainlink. Loans are sourced through Agora Data and delivered to DeFi via Figure Forge. Agora Data, a fintech firm specializing in auto lending for independent car dealers, is the first external partner to leverage Figure Forge, a collaboration announced in late 2024.
Figure's platform allows auto loans to be tokenized and added to its blockchain registry and into the DeFi ecosystem for sale to individual or institutional investors. Chainlink's Data Streams handle the flow of real-time loan data into smart contracts, providing the price and performance feeds that underpin the product's onchain mechanics.
Kamino Strategies and the Road AheadLooping and lending strategies for AUTO are now available on Kamino, giving Solana-native users practical ways to put the asset to work. Chainlink serves as the official oracle infrastructure across Hastra's yield primitives on Solana, with Chainlink's Cross-Chain Interoperability Protocol (CCIP) enabling interoperability across blockchains.
Democratized Prime, a decentralized lending marketplace on Figure Markets, is adding auto finance as its first new asset class as part of its plan to build a marketplace where different types of consumer credit can be issued, traded and funded onchain. Figure CEO Michael Tannenbaum said the company has originated over $22 billion in onchain loans and has been deliberately building toward this expansion.
Hastra described the launch as the first proof point in its shift toward durable, cross-chain yield. Chainlink's CCIP is expected to serve as the key enabler for multichain expansion, allowing assets and data to move securely between blockchains and positioning Hastra to grow beyond Solana.
The move marks an early test of whether tokenized private credit can expand beyond home-equity products into mainstream consumer lending, a shift that could widen DeFi's access to real-world yield but also import the credit risks of subprime-style loan markets.
Sources:
Cointelegraph: Figure and Hastra Add Auto Loans to Tokenized Credit Platform
Figure: Strategic Partnership with Agora Data (Official Press Release)
GlobeNewswire: Agora Data Achieves Industry First, Auto Loans Become Public On-Chain Assets
Crypto security risks showed little sign of easing during the first half of 2026. Instead, attacks accelerated to record levels, pushing industry losses beyond $1.1 billion in just six months.
A report by Blockaid tracked over 212 on-chain incidents. These losses alone exceed the total losses recorded throughout 2025.
Furthermore, the incident count reached 3.4 times the previous full-year level, suggesting attackers are exploiting vulnerabilities faster than projects can address them.
Source: Blockaid April alone accounted for over $600 million in losses across DeFi, translating to over 50% of these losses. The Kelp DAO ($293 million) and Drift Protocol ($285 million) incidents stood out as the biggest individual attacks.
The two incidents also demonstrated how a single breach can erase significant value within hours. Meanwhile, the $5.4 million average loss and $213,000 median loss showed that smaller attacks remained persistent across the ecosystem.
Together, these figures suggest security threats are becoming broader and more costly, increasing pressure on crypto projects to strengthen infrastructure, smart contract auditing, and incident response before losses climb even higher.
Ethereum and Solana lead security losses Those rising losses also reveal where attackers concentrated their efforts during the first half of 2026. Ethereum [ETH] recorded the largest losses at $332 million. Solana [SOL] trailed it closely behind at $326 million, making the two largest blockchain ecosystems the primary targets.
Source: X However, the attack methods differed considerably. Ethereum’s concentration of high-value protocols made smart contracts and protocol code the preferred targets. In contrast, Solana’s signer-heavy multisig ecosystem meant compromised private keys and signing infrastructure accounted for more than 98% of losses.
Meanwhile, cross-chain bridges remained the largest source of dollar exposure, with the $292 million KelpDAO exploit demonstrating how bridge infrastructure continues to attract sophisticated attacks.
These trends show that attackers are targeting the architecture specific to each blockchain rather than merely focusing on larger ecosystems.
Can crypto outpace attackers? Rather than merely trying to prevent them, crypto security has evolved into measuring recovery success based on the pace of recovering the funds.
Despite improved auditing, bug bounty programs, and real-time monitoring having reduced the time to respond to an attack and limited loss, recovery is still very inconsistent.
However, despite these efforts, recovery remains inconsistent, especially after key compromises. Looking ahead, stronger signer security, continuous monitoring, and faster incident coordination will likely determine whether future losses decline.
Until recovery improves alongside prevention, the industry’s expanding security infrastructure will remain effective at limiting damage rather than stopping attacks.
Final Summary Crypto security losses exceeded $1.1 billion in H1 2026, showing attackers continue evolving faster than industry defenses. Crypto security will depend on stronger prevention, faster recovery, and better operational defenses to reduce successful exploits.
Aurora, a popular blockchain infrastructure platform, has collaborated with Solflare, a Solana-based non-custodial crypto wallet. The partnership includes the integration of Aurora’s Aurora Intents into Solflare Bridge for smooth cross-chain transfers.
Both Aurora and Solflare mentioned in their official social media announcements that the integration permits consumers to fund Solflare wallets from diverse key blockchains without depending on conventional bridge workflows. Rather than connecting wallets, manually choosing routes, and authorizing several transfers, consumers can now utilize a consistent deposit address.
Aurora Intents Drives Cross-Chain Transactions in Integration with Solflare Bridge Aurora and Solflare’s partnership takes into account Aurora Intents’ integration into Solflare Bridge. Particularly, NEAR Intents powers the respective feature, enabling a seamless experience for Solflare clients across chains. The integration is currently live across the web, mobile application, and browser extension of Solflare.
The exclusive development is set to eliminate several of the prevailing complexities linked with cross-chain asset transactions. Conventionally, consumers shifting capital to Solana required locating a compatible bridge, authorizing multiple transfers, connecting wallets, and waiting for the successful completion of transactions.
Such steps often led to friction, specifically for newcomers becoming a part of the Solana network. With Solflare’s latest Bridge feature, it replaces the above-mentioned procedure with a consistent deposit address. Users need to generate it only once for a specific token pair and blockchain for recurrent usage for transfers.
Supporting Multi-Chain Transfers Alongside 30-Day Fee-Free Bridge Usage The Aurora Intents infrastructure drives the whole experience by enabling unparalleled funding via many of the top blockchain ecosystems into Solflare. The project supports transactions from Base, Bitcoin, Ethereum, and other major blockchains.
Consumers can select a specific asset, such as $USDC, $SOL, and other supported tokens, in which they want to receive funds on Solana. According to Aurora, the integration streamlines the transfer process into straightforward steps. They include the selection of the blockchain for sending assets and the selection of a token for the transfer to Solana.
After that, Solflare generates a permanent address for deposits for the respective pair. Following copying that address, consumers can smoothly send crypto assets to it. Moreover, to expand adoption, Solflare Bridge is going live without any bridge fees for 30 days. This represents nearly $125,000 in fees, benefiting the community.
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
