Track market-moving stories before they get noisy

TLDR BlackRock launched a new tokenized money market fund called BRSRV for stablecoin reserve management. The fund records ownership on Solana, Ethereum, and Tempo blockchains. BlackRock also launched on chain shares of its existing BSTBL Treasury liquidity fund. The fund invests only in cash, short term Treasuries, and repurchase agreements, not digital assets. The product is built to qualify as a reserve asset under the GENIUS Act. BlackRock has launched a new tokenized fund aimed at companies that manage stablecoin reserves. The fund is called the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, or BRSRV.

The asset manager announced the launch on Monday. It also introduced tokenized shares of an existing fund, the BlackRock Select Treasury Based Liquidity Fund, known as BSTBL.

This marks BlackRock’s first use of Solana for a tokenized fund. The firm had already been using Ethereum for similar products.

Ownership Recorded Across Three Blockchains According to a prospectus filed with the SEC, ownership of the new fund is recorded on Solana, Ethereum, and Tempo. Tempo is a blockchain built for payments and stablecoins.

Investors will hold their shares through wallets approved by Securitize, which acts as the transfer agent for the fund.

BlackRock said the system is permissioned. This means wallets must be verified and whitelisted before an investor can hold shares.

The transfer agent can restrict transfers if needed. In some cases, it can freeze, revoke, or reissue shares.

Jon Steel, who leads BlackRock’s cash management product and platform team, said cash remains a basic building block for investors and financial institutions. He said the new funds give clients more ways to access money market investments across both traditional and digital markets.

Fund Holds Only Cash and Treasuries Despite using blockchain technology, the fund does not touch cryptocurrency directly. BlackRock said it invests only in cash, short term U.S. Treasury securities, and overnight repurchase agreements backed by Treasuries.

The company stated clearly in its filing that the fund will not invest in any digital assets, including virtual currencies.

The fund also has a minimum initial investment of three million dollars. This suggests the product is aimed at institutions rather than individual investors.

BlackRock said the fund is structured to qualify as an eligible reserve asset under the GENIUS Act. That law sets rules for how payment stablecoins must be backed in the United States.

The filing noted some risks. Future regulatory changes could affect whether stablecoin issuers can keep using the fund as a reserve asset.

Blockchain outages or flaws in smart contracts could also disrupt transactions, according to the filing.

This launch builds on BlackRock’s earlier tokenization work. The firm’s BUIDL fund, launched in March 2024, now manages more than 2.6 billion dollars in assets.

Other large financial firms have introduced similar products. Morgan Stanley and Fidelity have both rolled out offerings aimed at stablecoin reserve management since the GENIUS Act passed.

The move shows how major asset managers are building infrastructure around stablecoin regulation. Reserve funds like BRSRV are designed to meet the specific requirements stablecoin issuers now face under U.S. law.

BlackRock has not said whether it plans to add more blockchains to the fund in the future. The prospectus does note that other supported networks may be added later.

WSJ: (PMZN) DeFi Development Corp. Announces Support for Key Solana Governance Proposals That Could Transform SOL Tokenomics

Palantir’s revenue rose 93% year-over-year, far exceeding expectations, as its "AI Sovereignty" strategy drives a re-rating of its valuation.

Palantir (PLTR)’s latest financial report shows that the company’s second-quarter revenue rose 93% year-over-year to $1.94 billion, net profit hit $1.06 billion, and it significantly raised its full-year performance guidance. Boosted by the results, the company’s stock price climbed more than 12% in after-hours trading on Monday. Palantir forecasts full-year 2026 revenue of at least $8.15 billion, up from its prior expectation of less than $7.7 billion. U.S. commercial business revenue is projected to reach $3.4 billion, growing at least 134% year-over-year, making it the key growth driver. Markets had previously worried that the rapid expansion of AI model firms like OpenAI and Anthropic could erode Palantir’s competitiveness, but this earnings report has reignited investors’ focus on its "AI Sovereignty" business model. Palantir CEO Alex Karp noted that enterprises and governments are seeking control over their own data, AI systems, and decision-making processes, a key source of the company’s growth. The so-called "AI Sovereignty" refers to enterprises preventing their core data from being used for training by external AI model providers, while ensuring AI systems align with their own business needs. Palantir argues that future enterprises need not just base models, but AI platforms that can manage data, integrate into business workflows, and protect competitive advantages. In recent years, Palantir has been expanding its enterprise AI business and criticized the business models of some AI labs, claiming that enterprises pay large fees to model suppliers yet may lose control over their core data. However, Palantir still faces pressure in overseas markets. Due to the company’s long-standing work with the U.S. government and defense sector, some European nations are reducing their reliance on U.S. tech firms. As of the latest quarter, international client revenue makes up about 19% of Palantir’s total revenue, down from 26% in 2025.

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The Bank of Korea has resumed purchasing physical gold after a 13-year hiatus, aiming to diversify its foreign exchange reserves.

According to South Korea’s Seoul Economic Daily, the Bank of Korea (BOK) has restarted its physical gold purchase plan after 13 years, sourcing gold from South Korean gold producers’ planned exports via the Korea Exchange (KRX) gold market and Korea Securities Depository (KSD) infrastructure. The BOK announced on the 3rd that it has established a cooperation framework with KRX, KSD, and gold producer LS MnM to jointly advance domestic gold procurement. The transactions will be executed as block trades on the KRX gold market, with settlement and custody managed by KSD. The BOK said purchasing export-focused gold is primarily intended to mitigate impacts on domestic gold market prices and reduce interference with intraday market fluctuations through block trades. This marks the BOK’s first resumption of physical gold purchases since 2013. Between 2011 and 2013, the BOK accumulated 90 tons of gold, but suspended procurement after valuation losses stemming from subsequent gold price drops. As of the end of June this year, the BOK’s foreign exchange reserves totaled $427.36 billion, with gold reserves valued at roughly $4.79 billion, accounting for just 1.1%. Against the backdrop of major global central banks continuing to boost gold allocations, the BOK’s move is viewed as a step to diversify foreign exchange reserves and lower concentration in dollar assets. However, the BOK noted future purchase volumes will not be large. South Korea’s annual domestic gold output is around 40 to 45 tons, of which only 4 to 5 tons are exportable. The BOK emphasized that the resumption of gold purchases is not based on gold price trend judgments, but rather on corporate procurement requests, domestic and international gold prices, and market conditions to decide transaction timings.

11 minutes ago

HOME token surges over 30% in a short period, with its market cap climbing to $38.5 million.

Per HTX market data, possibly driven by news that Upbit will list HOME on its KRW and USDT trading pairs, HOME surged over 30% in a short time, currently trading at $0.00899, with its market capitalization rising to $38.5 million.

11 minutes ago

South Korea’s semiconductor cluster has received enhanced policy support, with the government covering up to 100% of its infrastructure construction costs.

，据韩媒报道，对于被指定为半导体产业集群的地区，韩国政府将使用国家财政资金，最高承担建设电力、水资源等基础设施所需的全部费用。该细则明确了《半导体特别法》授权制定的相关事项，具体包括：加强半导体产业竞争力特别委员会的组成与运营方式；半导体产业集群的指定程序及相关支持措施；半导体产业人才培养支持；加强半导体产业竞争力特别账户的管理与运营。根据规定，建设和运营半导体产业集群所需的工业基础设施，其相关费用可由中央政府和地方政府承担，承担比例最低为项目总成本的 50%，最高可达到 100%。此外，政府还可以优先支持非首都圈半导体企业的人才招聘匹配，以及地方专业人才培养和转岗培训等项目。

11 minutes ago

Moody's assigns SK Hynix a Class A rating for the first time, as the AI storage boom has boosted the company's performance.

Global credit rating agency Moody’s has for the first time upgraded SK Hynix’s credit rating to the A range, reflecting the chipmaker’s enhanced competitiveness in the AI storage market, as well as improvements in its profitability and cash generation capabilities. The day before, Moody’s raised SK Hynix’s long-term issuer rating and senior unsecured bond rating by one notch, from Baa1 to A3, with a stable rating outlook. This marks the first time SK Hynix has obtained an A-level rating from Moody’s since it was acquired by SK Group in 2012, and it is also the first of the three major international credit rating agencies to assign an A-level rating to SK Hynix. Currently, both S&P Global Ratings and Fitch Ratings assign SK Hynix a rating of BBB+, with S&P holding a positive outlook and Fitch a stable outlook. Moody’s forecasts that SK Hynix will maintain strong profitability and cash generation capabilities over the next 12 to 18 months, with its financial position set to improve further. Moody’s noted that the company has built up sufficient cash reserves, strengthening its ability to withstand downside risks from the semiconductor cycle.

11 minutes ago

https://starsevendesign.com/project-blackrock.html

BlackRock has launched a tokenized money market fund designed for stablecoin reserves on the Solana and Ethereum blockchains, according to Decrypt. This move marks an expansion of BlackRock’s existing onchain cash management offerings, which already include a tokenized share class of the BlackRock Select Treasury Based Liquidity Fund (BSTBL) on Ethereum. The initiative aims to provide stablecoin holders and issuers with regulated reserve assets that can yield returns on short-term Treasuries and cash. As the world’s largest asset manager, BlackRock’s continued foray into blockchain-based financial products underscores a growing institutional interest in the tokenized money market sector.

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Key Takeaways BlackRock’s new tokenized money market fund appears to expand its existing blockchain-based offerings, now including Solana alongside Ethereum. Market participants may interpret this development as consistent with increased institutional adoption of Ethereum, suggesting potential impacts on Ethereum’s price outlook. The launch of these products could indicate a broader trend of integrating stablecoin reserves with regulated financial products on public blockchains. What to Watch Observers will likely monitor how the launch of BlackRock’s tokenized funds influences Ethereum’s market dynamics, particularly in the context of Ethereum reaching significant price thresholds by the end of 2026. Key actors such as the Ethereum Foundation and major asset managers like Fidelity may play roles in shaping market sentiment. Additionally, regulatory developments or technological advancements in blockchain infrastructure could further impact Ethereum’s adoption and price trajectory.

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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 2.8% — — View market → December 31, 2026 4.2% — — View market → December 31, 2026 5.5% — — View market → January 1 2027 10% — — 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 2.6% — — View market → January 1 2027 4.3% — — View market → January 1 2027 6.5% — — View market → January 1 2027 49.1% — — View market → January 1 2027 8% — — View market → January 1 2027 3% — — View market → January 1 2027 34.5% — — View market → January 1 2027 26% — — View market → January 1 2027 17.5% — — View market → January 1 2027 83% — — View market → January 1 2027 56.5% — — View market →

August 2026 brings another busy month for Solana ecosystem token unlocks, with more than a dozen projects scheduled to release additional supply into circulation.

While July was defined by Pump.fun's large 12-month cliff expiration, August shifts back toward recurring monthly vesting events. Even so, several unlocks coincide with major protocol developments that could shape how market participants interpret the additional supply entering circulation.

As always, token unlocks do not guarantee price movement. However, they remain an important consideration when evaluating potential short-term market dynamics.

Here is a breakdown of the most notable Solana ecosystem token unlocks scheduled for August 2026.

$TRUMP The Official Trump token will release 28.02 million $TRUMP through linear vesting during August. The unlock is valued at approximately $40.90 million and represents 11.28% of the token's circulating supply and 2.80% of total supply.

The unlock comes just weeks after U.S. President Donald Trump's 2025 financial disclosure revealed that cryptocurrency generated more income for him than his traditional real estate, golf, and resort businesses.

The annual filing with the U.S. Office of Government Ethics reported more than $1.4 billion in crypto-related income during 2025. Among the largest contributors were approximately $635.1 million from the $TRUMP memecoin and $236.3 million generated through World Liberty Financial token sales. Combined, those ventures accounted for well over $1 billion in reported crypto-related earnings, highlighting how digital assets have become the president's largest business segment.

$PUMP Pump.fun will unlock 7 billion $PUMP tokens through linear vesting during August. The release carries an estimated value of $14.72 million and represents 1.77% of the circulating supply and 0.83% of the total supply.

At TGE, Pump.fun allocated 33% of the total 1 trillion token supply to team members and existing investors under a vesting schedule consisting of a 12-month cliff followed by 36 months of linear vesting. With the cliff now complete, August marks the second month of those recurring monthly distributions.

$JTO Jito will unlock 18.59 million $JTO tokens through linear vesting during August. The release is valued at approximately $9.19 million and represents 3.67% of the circulating supply and 1.859% of the total supply.

The unlock follows the launch of JTX on July 14, Jito's flagship consumer-facing trading application. The platform expands Jito's ecosystem beyond infrastructure products such as the Jito Block Engine, $jitoSOL, and Block Assembly Marketplace plugins.

According to the JIP-38 proposal, 80% of all JTX revenue flows toward $JTO value accrual, while the remaining 20% will support ongoing protocol development. With JTX now live, August marks the first full month in which the application contributes to Jito's broader ecosystem, making the project's monthly unlock particularly notable as market participants evaluate its long-term impact.

$GRASS Grass will unlock 21.73 million $GRASS tokens beginning on August 28 alongside its ongoing linear vesting schedule. The release is valued at approximately $6.89 million and represents 3.32% of the circulating supply and 2.173% of the total supply.

The unlock follows the launch of Grass Wallet and Grass opening claims for Stage 2 Rewards on July 23, covering bandwidth contributions made between October 14, 2024 and June 8, 2026. Rather than distributing rewards in $GRASS, the protocol paid contributors in $USDC.

The decision sparked widespread debate across the community. Some community members questioned the long-term utility of the native token if network contributors no longer receive incentives denominated in $GRASS.

Attention now turns toward future tokenholder updates, where supporters and critics alike will be looking for greater clarity around token utility, value accrual, and the protocol's broader revenue strategy.

$KMNO Kamino will unlock 229.17 million $KMNO through linear vesting on August 30. The release is valued at approximately $4.19 million and represents 4.39% of circulating supply and 2.29% of total supply.

The unlock continues Kamino's established monthly vesting schedule and remains one of the larger recurring releases among Solana DeFi protocols.

Disclaimer: SolanaFloor is a subsidiary of the Jito Network

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In brief UCLA researchers launched an OnlyFans account called OnlyMarms after traditional research funding became harder to secure. More than 10 OnlyMarms-inspired meme coins have appeared on Solana, though it's unclear who created them or whether they're connected to the research team. The project has become an unlikely example of how internet culture and crypto can converge around scientific research. Scientists behind one of the world's longest-running wildlife studies have turned to one corner of internet culture for funding—and found another waiting for them.

Researchers at UCLA launched an OnlyFans account called OnlyMarms to help support a project that has tracked yellow-bellied marmots in Colorado since 1962 after traditional research funding became harder to secure.

The idea came to professor Daniel Blumstein as research funding dwindled. A graduate student dubbed the account "OnlyMarms," and the team leaned into the joke by promising subscribers "uncensored marmot content." Blumstein said it has also become a way to reach new audiences.

“Maybe this is a different audience than, you know, most of our science communication reaches,” Blumstein told NPR in an interview. “That's great. Turns out, it's even bigger than this.”

The account has generated about $4,000 so far. Blumstein said the project ultimately needs between $75,000 and $100,000 a year to support graduate students and fieldwork, funding that federal grants once provided.

The marmot project has also attracted attention from the crypto community.

Over on Pump.fun, several OnlyMarms-inspired meme coins have appeared, though it's unclear who created them or whether any are connected to the UCLA research team. Blumstein told NPR that the researchers did not create the tokens.

“People have independently created a meme coin and told us to grab the transaction—to register it, and then we get the transaction fees. And that is blowing up,” he said. “Apparently, this is a meme coin for good that people like.”

It wouldn't be the first time an internet-famous animal inspired a cryptocurrency.

In 2024, the Solana token Moo Deng, based on the viral pygmy hippo, launched on Pump.fun and briefly reached a market capitalization of about $680 million before landing listings on major exchanges, including Coinbase.

The researchers have also partnered with a Colorado brewery on a "Marmot Tears" IPA and launched a public "Fat Marmot Week" competition.

Blumstein said the situation reflects the state of scientific funding in the United States, noting that raising money through platforms like OnlyFans is a far cry from how research projects were funded when he was in graduate school.

“No. It's appalling,” he said. “What we're doing is destroying the scientific structure and the university-federal partnerships that made us great, made us rich, made us the scientific leaders of the world. It's being taken apart, and that's really sad.”

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Solana Memecoin OnlyMarms is Outraising OnlyFans Subscriptions for a Marmot Study

In brief BlackRock launched a tokenized money market fund for stablecoin reserve management. The fund records ownership on Solana, Ethereum, and Tempo while investing entirely in cash and short-term U.S. Treasuries. The product targets institutional investors as tokenized Treasury funds continue to grow. BlackRock is expanding onto Solana with a new money market fund designed for stablecoin reserves, adding the blockchain to its list of tokenized investment products.

The world's largest asset manager on Monday launched the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV) alongside tokenized on-chain shares of its existing BlackRock Select Treasury-Based Liquidity Fund (BSTBL).

"Cash remains a foundational building block for investors, corporations, and financial institutions," Jon Steel, Global Head of Product and Platform for BlackRock's Cash Management business, said in a statement. “As demand grows for high-quality reserve assets to support stablecoins and other tokenized financial products, these funds provide clients with additional choice in how they access and use money market fund investment solutions across traditional and digital markets.”

In a prospectus filed with the SEC on Friday, BlackRock said ownership is recorded on Solana, Ethereum, and Tempo, with investors holding shares through approved wallets managed by transfer agent Securitize.

“The Fund issues OnChain Shares through a permissioned system that operates in connection with one or more public, permissionless blockchains, which, as of the date of this Prospectus, include Ethereum, Tempo, and Solana, and may include other supported networks in the future,” BlackRock wrote.

The fund invests entirely in cash, short-term U.S. Treasury securities, and overnight repurchase agreements backed by Treasuries.

According to BlackRock, the fund does not invest in cryptocurrencies.

“The Fund will continue to invest in accordance with the requirements in Rule 2a-7 under the 1940 Act and the terms of this Prospectus,” BlackRock wrote. “The Fund will not invest in any digital assets, including any virtual currencies.”

Wallets must be whitelisted and tied to verified identities, allowing the transfer agent to restrict transfers or, in some cases, freeze, revoke, or reissue tokenized shares. The fund also has a $3 million minimum initial investment.

BlackRock said the fund is structured to qualify as an eligible reserve asset under the GENIUS Act, the U.S. law governing payment stablecoins. Its prospectus also notes that future regulatory changes could affect whether stablecoin issuers can continue using the fund as a reserve asset, while blockchain outages or smart contract flaws could disrupt transactions.

The launch builds on BlackRock's broader tokenization strategy. The firm introduced the BUIDL tokenized money market fund in March 2024, which now manages more than $2.6 billion in assets.

BlackRock joins Morgan Stanley, and Fidelity, which have also introduced products aimed at stablecoin reserve management following the passage of the GENIUS Act.

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TLDR Solana Foundation CISO Michael Coates says AI is making crypto scams more convincing through phishing, impersonation, and voice deepfakes. The warning is about social engineering, not a flaw in Solana’s blockchain or smart contracts. Coates previously worked as CISO at Twitter and led security at Mozilla before joining Solana Foundation this year. He says crypto systems need to be secure by default instead of relying on users to spot every scam. Coates also flagged quantum computing as a longer term security concern for crypto networks. Michael Coates, the new chief information security officer at the Solana Foundation, is warning that artificial intelligence is making crypto scams harder to spot. He says the danger comes from social engineering, not weaknesses in blockchain code.

Coates previously served as CISO at Twitter. He also led security efforts at Mozilla during the browser wars. He joined the Solana Foundation earlier this year.

His new role covers more than protecting the foundation itself. He also works with projects across the Solana ecosystem and meets with regulators on cybersecurity standards.

AI Is Changing How Scams Work Coates told CoinDesk that many recent crypto hacks did not come from smart contract bugs. Instead, they came from compromised credentials and fake identities.

“In many cases, it is an operational security issue or a Web2 issue that led to a key compromise,” he said.

He expects this trend to grow worse as AI tools improve. Attackers can now generate realistic messages, fake voices, and convincing identities at scale.

“The social engineering piece is going to get a lot worse because of the power of AI and deepfakes,” Coates said. He warned that fully spoofed phone calls using voices of people victims know could become common.

In crypto, mistakes are often permanent. If someone signs a bad transaction or shares a seed phrase, there is no bank to call and no way to reverse the transfer.

That makes convincing scams especially costly. Coates said attackers will keep looking for any mistake because the funds involved cannot be recovered once stolen.

Building Systems That Expect Failure Coates does not believe scams can be fully prevented. He said even careful users will eventually fall for a well made con.

“You cannot fully prevent anyone from falling victim,” he said. “Eventually, you will be fooled because the cons are that good.”

Because of that, he argues organizations need layered security. If one layer fails, another should still protect the user or the funds.

This applies to individuals and to crypto teams. A fake vendor, investor, or colleague using AI generated audio or messages could trick an employee into approving a transaction or handing over access.

Coates said the industry’s long term success depends on making the secure choice the default one. Users should not need to be security experts to stay safe.

“We need to meet the users where they are, and we need to make the default secure decision for the user,” he said.

He also pointed to quantum computing as a future risk for crypto networks, including Solana. The timing of when quantum computers could break current encryption remains unknown.

“The challenge with quantum readiness is we don’t know when the Q-day will hit,” Coates said. He added that the fix is known: adopting post-quantum algorithms early.

The Solana Foundation has already published its own strategy for preparing for that shift. Coates said whether the threat is AI scams or quantum computing, the same principle applies. Systems should protect users automatically, rather than expecting perfect behavior every time.

Michael Coates, chief information security officer (CISO) at the Solana Foundation, stated that advancements in artificial intelligence are making cryptocurrency scams increasingly difficult for users to detect. Coates explained that these risks primarily stem from social engineering rather than weaknesses in blockchain coding or Solana’s smart contracts.

Experienced security leader at the helmCoates joined the Solana Foundation earlier this year after serving as CISO at Twitter and leading security initiatives at Mozilla, a technology company known for the Firefox browser. As CISO, Coates is responsible not only for safeguarding the foundation but also for assisting projects within the broader Solana ecosystem and working with regulators to shape cybersecurity standards.

The Solana Foundation focuses on supporting the Solana blockchain, an open-source network designed for fast, scalable decentralized applications and cryptocurrencies.

Mini dictionary: Solana Foundation, a non-profit organization promoting education and adoption of the Solana blockchain by supporting community projects and maintaining network security.

AI-driven scams on the riseCoates reported that, in recent crypto incidents, attackers used social engineering techniques such as phishing, impersonation, and deepfake voice calls to access sensitive credentials. Rather than exploiting smart contract vulnerabilities, many hacks originated from compromised operational security or Web2 systems.

“In many cases, it is an operational security issue or a Web2 issue that led to a key compromise,” said Coates.

He warned that the proliferation of AI-powered tools now allows scammers to create highly realistic phishing messages, fake identities, and imitated voices that can deceive even experienced users. According to Coates, such scams will become more prevalent and sophisticated as deepfake technology improves.

This threat is especially serious in crypto, where transactions are irreversible. If a user unwittingly signs a malicious transaction or shares a recovery phrase, their funds usually cannot be retrieved.

Pushing for built-in security and industry readinessCoates identified the need for layered security, as he does not believe scams can ever be completely prevented. He emphasized that even vigilant individuals and teams may eventually fall for increasingly realistic cons generated by AI.

“You cannot fully prevent anyone from falling victim. Eventually, you will be fooled because the cons are that good,” stated Coates.

He recommended that both organizations and individuals use systems that default to secure settings, rather than relying on users to identify every potential threat. Coates cautioned that anyone working in crypto could become a target, as attackers may combine fake vendor messages or deepfaked audio to trick staff into authorizing unauthorized transactions.

Furthermore, Coates highlighted quantum computing as a longer-term vulnerability for crypto networks. He explained that the timeline for practical quantum attacks remains uncertain, but early adoption of post-quantum cryptographic algorithms is critical for network readiness.

He noted that the Solana Foundation has already published a strategy to prepare for this technological shift, urging the industry to focus on systems that automatically protect users without expecting perfect judgment each time.

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.

Robinhood Chain Takes the Lead in RWA Holders@RobinhoodCrypto has claimed the top spot in real-world asset (RWA) holder count, surpassing established Layer 1 networks with 365,212 unique addresses according to data from @Rwa_xyz. The milestone is especially striking given that the network only launched its public mainnet on July 1, 2026.

The chain sits ahead of @Solana (323,832 holders) and @BNBChain (299,884 holders) in the race to bring tokenized assets to a broad retail base. @plumenetwork, which has built RWA-native infrastructure from the ground up, follows with 249,276 holders, placing it ahead of @Ethereum at 221,314.

The speed of Robinhood's rise is explained in large part by its existing customer base. Unlike many blockchain projects that first focus on crypto-native users, Robinhood entered the space with millions of existing brokerage customers, and that distribution is translating into rapid adoption of real-world assets. The company can promote blockchain-based financial products directly to approximately 28 million funded brokerage accounts.

Context: Holder Count vs. Asset ValueThe holder count lead does not tell the full story. Ethereum's RWA value sits between $17 billion and $18 billion, while Solana's RWA market exceeds $3.3 billion. Robinhood's distributed asset value of $24.12 million is roughly 0.1% of what Ethereum's RWA ecosystem is worth. In other words, Robinhood Chain leads on breadth of participation, not depth of capital.

Activity on the chain has also been mixed in its early weeks. Tokenized assets are not yet the chain's dominant activity driver, with meme coin trading currently accounting for the majority of decentralized exchange volume, even though tokenized stocks are viewed as the network's long-term differentiator. More recently, however, momentum has shifted. The value of tokenized equities and related holdings has climbed rapidly, with the market capitalization of RWAs on the network growing approximately fivefold over a two-week span and exceeding the $70 million threshold.

Robinhood Stock Tokens are accessible in over 120 countries and issued as debt securities by Robinhood Assets (Jersey) Limited. The chain runs on the Arbitrum Orbit stack with 100-millisecond block times, integrations with Chainlink oracles for price feeds, and support for the Paxos-issued USDG stablecoin.

The broader RWA sector is expanding quickly as well. The number of RWA holders across all chains has grown to 1.09 million, up from around 375,000 a year ago. Whether Robinhood Chain can convert its holder lead into deeper balances and sustained transfer activity remains the key question for the months ahead.

Sources:
Crypto Briefing: Robinhood surpasses Solana in RWA holder count
CryptoPotato: Robinhood Chain becomes largest blockchain by RWA holder count
Crowdfund Insider: Robinhood Chain RWAs surge as tokenized stocks scale up

Solana price slipped below $73 on Aug. 3 as weak spot demand and sustained capital outflows raised the risk of a drop toward $70.

Summary

Solana price fell 1.47% to $72.55, placing the token near its daily lower Bollinger Band. The 4-hour chart shows SOL below all four tracked moving averages, with the 200-period SMA at $76.79. Chaikin Money Flow dropped to -0.17, indicating that selling pressure continued to outweigh buying demand. Liquidation liquidity is concentrated near $73.50–$74.50, making that zone the first major upside test. Solana price extends its decline below $73 According to data from crypto.news, Solana (SOL) price traded at $72.55 on Aug. 3, down 1.47% on the daily chart after moving between an intraday high of $73.67 and a low of $71.98.

The decline extended a broader pullback from the July high near $82.50. SOL has formed a sequence of lower highs since that peak, with sellers defending rebounds around $78 and then $76.

Solana price daily chart — Aug. 3 | Source: crypto.news Price has now fallen below the daily Bollinger Band midpoint at $75.09. This level previously acted as support but has turned into the first major resistance area.

SOL briefly moved below the lower Bollinger Band at $71.49 before recovering above $72. That reaction shows buyers remain active around $71.50–$72, but the limited rebound suggests they have not regained control.

The Awesome Oscillator stood at -3.56, with its red bars expanding below zero. That reading points to strengthening bearish momentum on the daily timeframe rather than an immediate trend reversal.

Flat spot demand weakens SOL’s recovery Solana attempted to rebound after falling toward $71 on Aug. 2, but spot demand failed to recover alongside price.

Analyst Ted Pillows described the divergence as a sign of weakness.

“$SOL is bouncing back. But spot demand is flat. Sign of weakness.”

The 4-hour Chaikin Money Flow reading supports that view. CMF fell to -0.17, meaning more capital was leaving SOL than entering it during the measured period.

Solana price 4-hour chart — Aug. 3 | Source: crypto.news Declining spot participation can leave a rebound dependent on leveraged derivatives positions. Such moves are more vulnerable to reversals because they lack the direct buying pressure needed to absorb new selling.

The weakness also comes as activity tied to speculative Solana tokens cools from previous peaks. Lower decentralized exchange activity and weaker fee generation would reduce one source of demand for SOL, which traders need to pay network fees and interact with on-chain applications.

Four-hour indicators keep sellers in control Solana remains below every major moving average displayed on the 4-hour chart. The 20-period SMA stands at $72.96, followed by the 50-period SMA at $73.88 and the 100-period SMA at $75.06.

The 200-period SMA, currently near $76.79, represents the strongest overhead technical barrier. SOL would need to reclaim that level to weaken the current sequence of lower highs.

The moving averages are also bearishly ordered, with each shorter-term average sitting below the longer-term measures. That structure suggests the decline is established across several trading horizons.

A move above $72.96 could open a retest of $73.88. The $73.88–$75.06 range is particularly important because it combines two moving averages with liquidity visible on the three-day liquidation heatmap.

Failure to reclaim that area would leave SOL exposed to another test of $71.50. A daily close below the lower Bollinger Band could bring $70 into focus, followed by the June support region near $67.50.

Liquidation clusters could increase volatility CoinGlass’ three-day liquidation heatmap shows the largest nearby concentration of leveraged positions above the current price, particularly around $73.50–$74.

Solana liquidation heatmap | Source: CoinGlass Additional liquidity appears near $74.50 and $76, creating potential targets if SOL begins a short-covering rebound. A move into these clusters could force bearish traders to close positions, accelerating the recovery.

However, liquidity also appears below the market around $71.50 and $70. These clusters could attract price if support near $72 fails.

This leaves SOL between competing liquidity zones. The closer upside concentration could produce a short-term bounce, but the weak CMF reading and bearish moving-average structure suggest any recovery must be confirmed by stronger spot buying.

Fee-burn vote offers Solana a potential catalyst SolanaFloor reported that proposals addressing Solana’s fee burn and token disinflation were set to enter an initial vote on Aug. 3.

BREAKING: @Solana’s fee burn and disinflation proposals are set to enter an initial vote today.

Together, they would double annual disinflation to 30%, cut emissions by $1.36B over six years, and raise daily burns from 650 $SOL ($47K) to 9,000 $SOL ($646K). pic.twitter.com/hiGQ8nW7Oa

— SolanaFloor (@SolanaFloor) August 3, 2026 According to the report, the measures would double annual disinflation to 30%, remove about $1.36 billion in projected token issuance over six years and increase daily burns from roughly 650 SOL to 9,000 SOL.

Those figures remain projected outcomes rather than confirmed changes. The proposals must progress through governance before they can alter SOL’s supply dynamics.

For US investors, the immediate backdrop also remains tied to broader risk appetite. High-beta tokens such as SOL can face added pressure when elevated Treasury yields make lower-risk dollar assets more attractive. A shift in Federal Reserve expectations or US yields could therefore affect whether buyers return at the current support zone.

The short-term outlook remains bearish below $75.06. Reclaiming that level would improve the setup and expose $76.79, while a confirmed break below $71.49 would increase the risk of a move toward $70.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Solana is taking another swing at tightening its monetary policy. Two governance proposals, SIMD-0550 and SIMD-0553, are advancing through the network’s voting process this week, and together they represent the most aggressive tokenomics overhaul Solana has attempted since the failed SIMD-0228 vote in early 2025.

What SIMD-0550 and SIMD-0553 actually do SIMD-0550, submitted on June 2, 2026, by Helius engineer lostintime101, doubles the annual disinflation rate from 15% to 30%. Solana’s inflation rate currently decreases by 15% each year, slowly grinding down toward a terminal rate. At the current pace, reaching that terminal rate takes roughly 5.7 years. SIMD-0550 would compress that timeline to about 2.8 years. By accelerating the decay curve, the proposal would eliminate approximately $1.5 billion in future SOL emissions over six years.

SIMD-0550 has already cleared a meaningful hurdle. The proposal has been promoted for a formal Solana Governance Proposal vote, with Anza reviewers signaling near-approval through GitHub comments posted between June 10 and 14. Firedancer’s sign-off remains pending, which is the last major technical checkpoint before the broader validator community weighs in.

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SIMD-0553, submitted the following day by fellow Helius engineer 0xIchigo, proposes restructuring Solana’s fee system by introducing a burned resource fee tied to compute units. Under current conditions, the network burns roughly 650 SOL per day. SIMD-0553 could push that figure to approximately 9,000 SOL daily under favorable network activity conditions, nearly a 14x increase in daily burns.

Combined, the two proposals could push net SOL supply growth below the 1.5% terminal inflation target, creating something closer to a deflationary dynamic during periods of high network usage.

Why this time might be different In March 2025, SIMD-0228 attempted to accelerate inflation decay through a market-based emissions mechanism. It attracted only 37.8% validator support, well short of the 66.67% supermajority required to pass. SIMD-0550 appears to have learned from that experience. Rather than introducing a novel market-based system, it simply adjusts an existing parameter — changing the disinflation rate from 15% to 30% doesn’t require new infrastructure. It’s a knob turn, not a rebuild.

The proposals have secured public backing from key figures including Solana co-founder Anatoly Yakovenko. Helius also operates one of Solana’s most widely used RPC infrastructure providers, giving the firm credibility among validators who depend on its services daily.

What this means for SOL holders and the broader market Cutting $1.5 billion in future emissions removes persistent selling pressure: every epoch, newly minted SOL enters circulation and a portion gets sold by validators covering operational costs. If daily burns genuinely scale from 650 to 9,000 SOL during high-activity periods, network usage directly reduces circulating supply. A network approaching its terminal inflation rate in 2.8 years rather than 5.7 years reaches supply equilibrium faster, compressing the period of dilution.

The risk is that validators reject the proposals again. Staking yields would decline faster under SIMD-0550, and smaller validators operating on thin margins might view that as an existential threat. The 66.67% threshold is deliberately high, designed to prevent changes that lack broad consensus.

With SIMD-0553, tying burns to compute units means the deflationary effect scales with network activity. During quiet periods, burns could remain modest, making the burn mechanism less impactful precisely when supply reduction would matter most.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Michael Saylor: I have never sold any Bitcoin. MicroStrategy's BTC trading is part of the company's capital management activities.

Strategy founder Michael Saylor posted a statement clarifying that his earlier "Never Sell Your Bitcoin" stance was shared with other Bitcoin holders in his capacity as an individual investor. Saylor said he has never sold any Bitcoin, "not even a single satoshi". He emphasized that Strategy is a public company, not a personal wallet, and has publicly disclosed since 2020 that it may buy or sell BTC for capital management purposes. Saylor noted that Strategy and its investors’ long-term conviction in Bitcoin remains unchanged, adding that the company’s related operations are part of its corporate financial strategy, while his personal stance on holding Bitcoin stays consistent. Previously, the market had been monitoring whether Strategy would adjust its Bitcoin holding strategy; Saylor’s latest remarks aim to clearly distinguish between personal Bitcoin holding behavior and public company asset management decisions.

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Head of Amazon Cloud Business: AI Business Has Enormous Potential Scale

Amazon (AMZN.O)’s cloud unit head said clients are shifting from using its services to train AI models to integrating these models into their own business processes, a trend driving surging demand for inference computing. Matt Garman, CEO of Amazon’s Cloud Computing Division, said on Monday: “We still see some companies using large training clusters, but as these models grow more popular and powerful, more firms are integrating this inference capability into their own workloads.” He noted that the potential of the AI business is “extremely huge,” adding that the company will continue to increase capital expenditure to meet growing demand. As the world’s largest provider of computing power and data rental services, Amazon said last week it projects capital expenditure will reach $220 billion in 2026, up from its prior forecast of $200 billion. The spending hike reflects rising prices of storage chips and other components required for data centers.

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The US military stated that it will continue its maritime blockade of Iran, and has altered the routes of 44 merchant ships.

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US officials said there are currently no plans to hold new negotiations with Iran.

According to U.S. network CBS, citing a U.S. official, despite Trump’s earlier announcement that negotiations with Iran would begin Monday afternoon (local time), no new talks are currently scheduled. Instead, ongoing discussions are underway between U.S. Middle East envoy Witkoff, Kushner, and the U.S. negotiating team and Iran via intermediaries.

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The Nasdaq’s gains expanded to 2%, with Google surging over 5% and Tesla rising 3.8%.

According to market data from Bit (Bit.com), the Nasdaq’s gain widened to 2%, the S&P 500 rose 1.3%, and the Dow rose 1%. Oracle (ORCL.N) climbed 7.3%, Google (GOOG.O) gained over 5%, Amazon (AMZN.O) and Microsoft (MSFT.O) rose over 4%, Tesla (TSLA.O) increased 3.8%, and Nvidia (NVDA.O) gained 3.2%.

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Jensen Huang: AI infrastructure investment will create a large number of six-figure-paying technical positions.

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Solana is experiencing a marked surge in network adoption, as recent data shows a significant rise in wallet activity and robust institutional inflows. The blockchain platform, known for its high throughput and fast transaction times, continues to capture investor attention as both retail and institutional participation strengthen across its ecosystem.

Network activity and wallet growthAccording to data analytics platform SolanaFloor, July saw the number of active trading wallets on the Solana network reach a seven-month peak. Approximately 609,000 unique wallets engaged in trades, indicating renewed participation from both individual and institutional users. This upswing reflects growing confidence in the expansion of Solana-based decentralized applications and broader blockchain services.

The increase in active wallets is widely interpreted as a sign of deepening on-chain engagement, with users interacting across decentralized exchanges, DeFi platforms, and different token markets built on Solana. Sector analysts view rising wallet numbers as an encouraging sign for network adoption and liquidity, which could reinforce Solana’s long-term growth trajectory if the trend endures.

Over 609,000 unique wallets conducted trades in July, marking the highest level of activity on Solana in the past seven months and signaling renewed interest from both retail and institutional participants.

If this pattern persists, observers suggest that confidence in Solana’s ecosystem and its decentralized projects may continue to strengthen, supporting future development and broader adoption.

Institutional demand intensifies with Bitwise ETF inflowsInstitutional demand continues to play a critical role in Solana’s upward trajectory. According to figures compiled by analytics firm Arkham, asset manager Bitwise has now acquired $891.9 million worth of SOL through its BSOL exchange-traded fund, positioning it as the largest Solana-based ETF by assets.

This fund now accounts for nearly 80% of total Solana ETF inflows, underlining significant institutional demand as investors pursue regulated access to Solana’s blockchain network.

Through these sustained inflows, Bitwise has become one of the top holders of SOL, driving speculation that further acquisitions may occur if investor interest remains strong.

As exchange-traded funds must purchase the actual cryptocurrency when issuing shares, any additional investment in BSOL is expected to result in further accumulation of SOL for the fund.

Mini dictionary: Bitwise—An established asset management firm, Bitwise offers cryptocurrency index and single-asset funds to accredited and institutional investors, aiming to provide regulated pathways into various digital assets.

FundSOL holdings (USD)Share of ETF inflowsBitwise Solana ETF (BSOL)$891.9 million80%Other Solana ETFs$223 million (approx.)20%SOL price at key level amid cautious optimismDespite positive signs on-chain and continued ETF acquisitions, the price of SOL stands at $73.08, indicating neutral market sentiment. Noted crypto analyst BitGuru emphasized that SOL has now entered a crucial support zone, garnering increased attention from traders and market participants.

Buyers are starting to defend this level, which analysts suggest could signal the potential for renewed bullish momentum if the support holds. Historically, similar activity around key support regions has preceded upward moves in SOL’s price.

Market participants highlight that confirmation of a rebound from current support is essential for sustaining any potential uptrend in SOL, as trading activity intensifies around the $73 price level.

Technical analysts report that if trading volumes continue to recover, SOL could move toward resistance near $78. However, a breakdown of the current support zone may increase selling momentum and potentially push prices lower.

Price LevelStatus$73Support zone$78Resistance targetLooking ahead, market observers note that further progress for Solana will depend on buyers’ ability to maintain key support areas, along with sustained network and institutional engagement.

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.

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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Heavy deleveraging in a choppy market can often turn bullish if the impact remains limited.

Right now, Solana’s [SOL] price action is showing a similar setup. One analyst pointed out that Bitfinex whales have closed massive long positions, meaning these whales have cut their bullish exposure and exited their SOL longs.

Despite this liquidity influx, SOL continues to chop around $70, showing strong underlying strength. 

The setup becomes even clearer when looking at liquidation data. According to CoinGlass, Solana started August with $16 million+ in long liquidations, the biggest daily wipeout of bullish positions in nearly a month.

Meanwhile, short liquidations were around $187k, meaning long liquidations were 85x higher than shorts.

Source: CoinGlass Taken together, Solana’s liquidation event and its ability to hold key levels point to a potential bullish setup. 

The logic is simple: When too much leverage gets wiped out, it often clears excess risk from the market. With overleveraged longs flushed out, SOL could have room to recover if Spot demand returns.

In this context, Bitfinex whales cutting their SOL longs could be part of this reset, allowing SOL to stabilize and potentially bounce from the $70 support zone.

That said, one analyst pointed out that despite the shakeout, Solana’s spot demand is still weak, with muted ETF flows showing that buyers remain cautious. This raises the question: Are Bitfinex whales simply resetting leverage, or are they positioning for more downside for Solana?

Solana price holds strong, but whale exit warns of risk Zooming out, Solana’s whale exit may reflect broader market concerns.

According to the Kobeissi Letter, crypto is entering a critical macro week with key economic data releases ahead, starting with manufacturing data and ending with July’s jobs report on Friday.

With September FOMC rate hike odds recently climbing toward 60%, these releases could set the tone for the next market move. 

As a result, markets are preparing for tighter liquidity conditions heading into late Q3 and Q4. However, crypto liquidity is also starting to weaken. As the chart below shows, July marked the third straight month of net stablecoin outflows, highlighting declining liquidity across the market. 

Source: DeFiLlama This naturally puts Solana’s whale exit in a bigger context.

The logic is simple: Solana’s price volatility, soft Spot demand, and long liquidations are lining up with an uncertain macro backdrop, increasing the risk of a breakdown below the $70 support zone.

In this context, Bitfinex whales cutting their SOL longs could signal growing caution among large players.

Moreover, with other high-cap assets showing similar weakness, these exits could be more than just a “Solana-specific” move. Instead, they may hint at rising risk across the broader crypto market. 

Final Summary Solana is holding near $70 despite whale long closures and heavy liquidations. SOL faces bigger risks as tighter liquidity, stablecoin outflows, and macro uncertainty suggest whale exits could signal broader crypto weakness.

Solana’s 2026 cycle has, so far, been one of its weakest on record.

From a technical perspective, SOL closed July down 1.1%, printing its 10th consecutive monthly red candle. That means since the October breakdown, SOL hasn’t managed a single strong monthly close, leaving HODLers who bought near the $250 cycle top deep underwater.

As a result, the $60 region is becoming an increasingly critical long-term support level.

On-chain, however, the price weakness still hasn’t translated into weaker fundamentals. As the chart below shows, Solana activated SIMD-0286 on the 29th of July, raising the compute limit from 60 to 100 million.

In other words, the network now has more room to handle demand spikes without affecting network activity. 

Source: Pine Analytics Notably, the upgrade has also eased fee pressure. Since SIMD-0286 was activated, the 90th percentile transaction fee has fallen 30%, from 29,800 to 20,800 lamports, pointing to better throughput and improved capital efficiency across the network. 

Interestingly, Token Terminal data shows Solana processed 8.7 billion transactions in July, its highest monthly transaction count in four months.

In essence, while Solana [SOL] continues to struggle on the price chart, on-chain activity is moving in the opposite direction, suggesting the network is becoming stronger.

According to AMBCrypto, this couldn’t have come at a better time. 

Why Solana’s on-chain strength is hard to ignore  Solana’s improving fundamentals are now starting to align with a bullish technical setup.

According to one analyst, SOL is forming the same breakout-and-retest structure that has historically preceded its strongest rallies. In 2021, the pattern was followed by a 2,500% move, while the 2023 setup led to a 3,600% rally.

The analyst argues that SOL is once again holding the same high-timeframe support, suggesting the market could be building a similar structure for the 2026-2027 cycle.

Notably, this is where the chart below becomes important. Historically, August and September have been Bitcoin’s weakest months, increasing the odds of capital rotating into high-beta altcoins.

Against this backdrop, the SOL/BTC pair continues to chop below 0.002. A decisive breakout from this range could mark the beginning of a broader trend reversal.

Source: TradingView (SOL/USDT) In that context, Solana’s on-chain fundamentals become difficult to ignore. 

The SIMD-0286 upgrade has improved network efficiency, transaction activity is back at a four-month high, and SOL continues to hold a historically important technical structure. These factors suggest Solana may be quietly building the foundation for its next major move. 

Combined with the ongoing SOL/BTC consolidation and Bitcoin entering its historically weaker August-September period, the setup for a potential rotation cycle is starting to take shape.

If momentum shifts back toward altcoins, SOL/BTC could become a key catalyst for Solana’s trend reversal in the coming months.

Final Summary

BIRMINGHAM, ENGLAND - DECEMBER 13: A jewellery quarter gold dealer poses with three 1kg gold bullion bars on December 13, 2023 in Birmingham, England. Gold prices have increased since the Ukraine War but have soared to record highs since the start of the Hamas-Israel war. Other factors are the weakening US dollar and expected rate cuts from the Federal Reserve. (Photo by Christopher Furlong/Getty Images)

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"In crypto, through digital assets notoriously, that volatility has always killed people," said Andrey Didovskiy, chief executive of Seasons, a Solana protocol that has been depositing gold and bitcoin into strangers' wallets twice a week since December.

"As that entropy rises more and more and we get more and more chaotic with AI and fragmentation keeps happening, humanity keeps searching for stability," he said in an interview. "That's a tale as old as time."

The mechanism is a threshold. "It turns any kind of wallet address over 10,000 tokens into a node on the network, and that node effectively operates as a infinite DCA," Didovskiy said, using the shorthand for dollar-cost averaging. Ten thousand SEAS runs to roughly $2,500 at recent prices. Every Wednesday and Sunday the wallet receives a payment in Tether Gold, wrapped bitcoin and a yield-bearing dollar token.

"You can also think of it as a miner," he said, "because what happens is twice a week are the people receive Bitcoin gold and yield-bearing USDC."

There is no staking contract and nothing to claim. "We don't force users to do any kind of freezing," Didovskiy said, or locking, or staking. Holders leave the tokens sitting in their own wallets and "become savings accounts."

Where the money comes fromSeasons runs on three engines, and the one that matters is a levy the protocol calls the Transactional Transfer Tax. Didovskiy is unusually direct about it. "All trading activity absorbs a 10% fee that is then directly redistributed," he said, among the nodes.

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So a tenth of every purchase goes to the people who already hold the token, and a tenth of every sale does too. The gold that lands in a node's wallet on Sunday was somebody else's trade a few days earlier.

He does not present this as an invention. He traces it to the token designs of the last cycle, the ones built so that trading volume in a token would grow the token's own market value. "Usually they were built with inflationary models," he said. "So we took that as a foundation."

The other two engines are smaller. A module called SSYM parks distributions in yield-bearing stablecoins while they are queued for payout. A set of vaults deploys reserves into lending and liquidity strategies, with the next one planned on Kamino, Solana's largest lending market. "Since you have this kind of store of value, if you will, anyway, why not put it to some kind of work?" Didovskiy said. He allows that this introduces "new risks, new stuff."

The numbers behind the yieldSeasons publishes its own figures weekly and they are modest. For the week ending July 24 the protocol reported $242,624 distributed since launch, $7,343 of it that week, across 339 node owners. It claimed an average annual percentage yield of about 12.56%, and put cumulative payouts at 8.28 ounces of gold and just over half a wrapped bitcoin.

Now the token. SEAS traded around $0.25 on Thursday with a fully diluted valuation near $250 million, on 24-hour trading volume of roughly $6,500, according to CoinGecko. It launched on December 9, 2025. Its circulating supply is not reported, so CoinGecko lists no market capitalization at all.

At $6,500 of daily volume, a 10% tax throws off something like $650 a day. That is roughly the size of the distributions going out.

The entry cost runs the other way. A 10% toll going in and another coming out is close to a fifth of the position, so at the advertised yield a node needs about a year and a half of twice-weekly payments to break even on tax alone, before the token price does anything. Spread across 339 nodes, the $242,624 paid since December works out at roughly $715 each.

Solscan counts about 7,000 SEAS holders. Only 339 clear the 10,000-token threshold. The rest hold the token, pay the tax when they trade and receive nothing.

Crypto has run this experiment beforeTokens that tax their own trades and hand the proceeds to holders were a defining product of 2021. SafeMoon, the most famous, launched in March 2021 with a 10% transaction tax split evenly between holder redistributions and the liquidity pool. In May 2025 a jury convicted its chief executive, Braden John Karony, of conspiracy to commit securities fraud, wire fraud and money laundering. He was sentenced to 100 months in federal prison and ordered to forfeit about $7.5 million in crypto assets, along with two residential properties.

That case turned on the misappropriation of liquidity advertised as locked, not on the tax mechanism. Prosecutors said the executives kept access to the pools and drained them. Nothing of the kind has been alleged here.

Seasons has closed off some of the obvious failure modes. The token runs on Solana's Token-2022 standard, which supports transfer fees natively rather than through the bespoke contract logic that made the 2021 generation so fragile. RugCheck records show mint authority was revoked about seven months ago and freeze authority about eight, so no new supply can be conjured and no wallet frozen. Roughly 22% of liquidity is locked. And the payouts arrive in gold, bitcoin and dollars rather than in more of the protocol's own token, which is what turned most reflection tokens into circular machines.

RugCheck still scores the token DANGER, on two counts: a low holder count, and the fee configuration itself. On Solana the authority that sets a transfer fee can generally change it later, subject to a delay of about four days.

What sustainable yield usually requires"Crazy interest rate cannot sustain for like forever," Jonathan Han, chief executive of Euler Labs, said on the On The Margin podcast. "I think everybody has learned that from the last couple of years."

Han was talking about the hangover from DeFi Summer, when protocols advertised triple-digit returns funded by their own token emissions. He also described who is showing up now. "A lot of retail, average day people are coming on chain to find alternative yield sources and opportunities," he said. Much of DeFi's yield layer has been rebuilt since, with far less enthusiasm for headline numbers.

Seasons is not paying in its own token, which is the point Didovskiy keeps returning to. The money is still internal, though. Streamex also pays yield on tokenized gold, and its chief executive Henry McPhie has spelled out where his comes from. "Instead of just taking that gold and sitting at a bank vault, we make that gold active," McPhie said on the On The Margin podcast.

"What we do is we lease the gold to people who use it as working capital," he said, naming jewelers and refiners as the borrowers. They pay to borrow bullion and repay in bullion, and that payment becomes the yield. It arrives from outside the token. Seasons' arrives from its own order book.

That is the distinction a prospective node has to price, and it runs through the fight over what retail DeFi is even for and through the duller effort to use crypto as a savings instrument rather than a speculation.

On the assets themselves, Didovskiy is betting on the oldest argument in finance. "If we look at history, gold and bitcoin, of course, is gonna keep rate increasing over time," he said. "It's to give them a sense of calm."

David McAlvany, who runs the gold platform Vaulted, said on the On The Margin podcast that the test is longevity. "Is it something that will be here five thousand years from now? Gold, I'm pretty sure will be. Bitcoin may or may not be."

The season that failedSeasons packages its history into numbered seasons, and season one paid its yield in memecoins. It was abandoned after holders made clear that people who want yield do not want meme yield. The current basket, weighted toward tokenized gold, wrapped bitcoin and lending-market dollars, is the correction.

Didovskiy offered his own diagnosis of the industry before he was asked about his product at all. "Especially in the crypto blockchain web three space, people are typically inverted where they're building solutions looking for a problem," he said, rather than solutions to a problem that already exists.

The problem he picked is real enough. Crypto has never given an ordinary saver a place to sit still, which is why the search for something that behaves like a retirement account keeps producing new attempts. Seasons has built an automatic one. Whether it functions as a savings account depends on traffic, and at $6,500 a day there is not much of it.

Han, describing what keeps newcomers out of DeFi lending, named the thing that has not gone away. "They don't want to expose to a lot of smart contracts or market volatility and unknown risk," he said.

TLDR: DEX spot volume reached 24% of CEX trading in July 2026, marking its highest recorded share since 2019. The ratio rose even as monthly DEX turnover fell 26%, showing relative gains during weaker market activity. Solana led 30-day DEX trading with $49.86 billion, surpassing BNB Chain, Ethereum, and Base combined. DEXs dominate new-token access, while CEX platforms retain deeper liquidity, fiat services, and support. Decentralized exchanges captured a record share of centralized trading in July 2026, marking their strongest performance since tracking began in 2019. Wu Blockchain reported that DEX spot volume reached 24% of CEX activity, using The Block data citing DefiLlama.

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

The milestone extended a shift toward on-chain trading, although it did not indicate record volume across decentralized platforms. Instead, the ratio showed decentralized venues gaining ground while activity across both market segments weakened during July.

Record DEX Share Climbs Despite Lower Monthly Trading Volume The Block calculates the ratio by dividing decentralized exchange activity by volume from centralized platforms with reporting. Its sample covers the 30 largest exchanges ranked by DefiLlama volume, so the figure reflects a dataset.

According to the report, the ratio stayed below 10% during 2024, then accelerated during 2025 as on-chain markets expanded across networks. During 2026, it generally ranged between 18% and 21% before reaching July’s 24% peak.

However, July’s record ratio did not mean decentralized platforms handled their highest monthly dollar total. Blockworks data estimated spot trading near $130.77 billion, down 26% from June.

That estimate represented the lowest monthly total since September 2024. Therefore, the share rose as centralized activity weakened faster, decentralized turnover declined less sharply, or both occurred together.

A DefiLlama dashboard placed CEX spot volume at $951.8 billion in April, its lowest level in 25 months. Centralized activity later recovered to about $1.11 trillion in June. Even so, July’s ratio showed decentralized platforms retaining stronger momentum within the measured market.

Lower-Cost Networks and Token Access Drive DEX Expansion Trading has spread beyond Ethereum as lower-cost blockchains attracted users seeking faster settlement and cheaper transactions. DefiLlama’s latest 30-day data placed Solana first with $49.86 billion.

BNB Chain followed with $31.04 billion, while Ethereum recorded $28.84 billion. Base added $22.38 billion, reinforcing the multichain structure of decentralized trading.

Token availability also widened the gap between decentralized and centralized listings. CoinGecko found Uniswap supported 13.69 million token listings between January 2025 and January 2026.

Moreover, Pump.fun supported 5.01 million during the same period. By comparison, MEXC and Gate each added roughly 1,300 assets, despite leading centralized listing activity.

This difference made decentralized platforms the primary marketplaces for newly created tokens before centralized exchanges completed reviews. Memecoin trading accelerated that shift beginning in 2024.

CoinGecko estimated that decentralized spot-market share rose from 6.9% in January 2024 to 13.6% in January 2026. Over the same period, monthly trading volume increased from $95.86 billion to $231.29 billion.

Despite those gains, CEX platforms still dominate overall liquidity. They offer fiat services, customer support, familiar accounts, and deeper markets for major cryptocurrency pairs.

At the same time, DEX users carry greater responsibility for wallet security, contract verification, transaction fees, liquidity, and slippage. They also face risks from smart-contract flaws, fraudulent tokens, front-running, oracle manipulation, and exploits.

Therefore, July’s 24% reading reflected stronger competition rather than the displacement of centralized exchanges. Decentralized platforms gained market share through wider asset access and cheaper networks, while CEXs remained the industry’s largest liquidity hubs.

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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 (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.

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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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.

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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