Solana (SOL) is drawing renewed investor interest after achieving a record milestone in tokenized equities trading and flashing key bullish signals on major technical charts. While the overall market trend remains cautious, the latest data points to rising confidence in Solana’s ecosystem and its potential for long-term growth.
Technical setup and price actionSOL is currently priced at $73.44, with a 24-hour trading volume of $1.65 billion and a market capitalization of $42.78 billion. Although the token recorded a 2.87% decline over the past day, technical analysts predict a positive shift could be ahead based on chart patterns and momentum indicators.
According to Ali Martinez, who is known for technical analysis in the cryptocurrency sector under the moniker Ali Charts, Solana has posted a TD Sequential buy signal on its monthly chart. The TD Sequential indicator is designed to identify trend exhaustion and potential reversals in price movement.
The appearance of a TD Sequential buy signal on the monthly chart suggests bearish momentum is subsiding, and accumulating buying interest might initiate a longer-term rebound if confirmed by additional volume and price increases.
Analysts pointed out that this indicator by itself does not guarantee an immediate surge in prices. However, if SOL can confirm higher lows and move above key resistance levels, it could accelerate bullish sentiment on the strength of sustained buying pressure and trading volume growth.
Traders are watching for confirmation of this trend with heavier trading activity, as well as the formation of higher price levels, before moving more decisively.
Mini dictionary: TD Sequential is a technical analysis indicator developed by Tom DeMark. It helps traders identify market turning points by analyzing a series of price bars and spotting potential trend exhaustion zones.
Tokenized equities volume hits record highFresh data from the analytics platform Solana Floor showed Solana’s blockchain posted a record $3.47 billion in tokenized equity trading volumes in June, the highest monthly number on the network to date. This surge further establishes Solana as a leading venue for real-world asset tokenization, offering both high speed and low-cost transactions compared to competing networks.
Solana achieved over 96% share of the total traded volume of tokenized equity instruments among all blockchains during the month, reinforcing its market dominance in the real-world asset space.
The increasing volume demonstrates growing adoption of the Solana platform for on-chain equities and other asset-backed tokens, driving optimism about its evolving infrastructure and utility in traditional finance applications.
MetricJune 2024Tokenized equity volume (Solana)$3.47 billionMarket share of tokenized equities96%Market analysts remark that expansion in tokenized financial products and increased real-world asset integration continue to elevate the Solana ecosystem among crypto networks.
Market outlook and broader trendsDespite bullish signals from technical indicators and remarkable growth in tokenized equities, the SOL token price is still trading lower in line with a broader market downturn. Ongoing weakness in BTC and sector-wide caution have contributed to subdued price action in the near term.
If SOL overcomes resistance levels with strong volume and continued trading activity in tokenized assets, analysts indicate this could provide additional momentum for a price reversal. Broader adoption of tokenized stocks and other real-world assets may further strengthen Solana’s platform utility moving forward.
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.
Ethereum has regained an upward trajectory for the first time in a year, coinciding with rising institutional adoption in tokenized finance. The network registered $327.3 million in tokenized exchange-traded fund (ETF) inflows over the past 12 months, securing a dominant lead over rival blockchains.
Ethereum’s upward price trendAnalyst Michaël van de Poppe highlighted that Ethereum has entered a new uptrend following nearly a year of sideways movement. He assessed the current market pullback as a relatively normal correction within this structure and expressed optimism about Ethereum’s potential for further gains if buyers defend key support levels.
$ETH is ready for another move higher, and the current consolidation appears to be a routine correction rather than a bearish phase. Michaël van de Poppe emphasized that he does not see a convincing reason for a bearish outlook on Ethereum, stating the asset has now entered an uptrend for the first time in twelve months.
According to van de Poppe, Ethereum’s correction does not alter the underlying positive momentum. Market observers are now watching whether ETH can stabilize and build the foundation for a fresh rally. The continued recovery phase remains in focus as analysts monitor price stability after volatility.
Record tokenized ETF inflows boost Ethereum’s dominanceValidation provider Everstake reported that Ethereum recorded the largest inflows into tokenized ETFs in the last year, adding $327.3 million to its total market capitalization. This amount was nearly four times that of Solana and more than five times that of BNB Chain over the same period.
Everstake stated that Ethereum is becoming the home of tokenized finance, supported by significant inflows into tokenized ETFs. The network’s $327.3 million in ETF inflows outpaces Solana’s and BNB Chain’s combined total, underlining Ethereum’s leading role in this sector.
Tokenized ETFs are blockchain-based representations of traditional exchange-traded funds, offering market participants access to ETF exposure using decentralized infrastructure. Their growing popularity reflects increasing institutional attention to tokenized asset markets, with liquidity and network maturity influencing the choice of blockchain platforms.
NetworkTokenized ETF Inflows (12 months)Ethereum$327.3 millionSolanaApprox. $82 millionBNB ChainApprox. $65 millionMini dictionary: Everstake is a blockchain infrastructure company specializing in staking and validation services across multiple proof-of-stake networks, supporting both institutional and retail clients.
Institutional interest centers on Ethereum’s infrastructureEverstake noted that institutional investors consistently prioritize deep liquidity, robust infrastructure, and established developer activity when choosing blockchain networks. Ethereum offers all three, contributing to its continued appeal as a platform for tokenized finance products, stablecoins, and on-chain markets.
Analysts say these fundamentals have kept Ethereum at the center of institutional blockchain strategies. As the uptrend continues, traders are also closely monitoring developments in tokenized ETF inflows among the major chains.
Ongoing growth in tokenized assets and decentralized finance may help reinforce Ethereum’s network role, especially as competition with Solana and BNB Chain intensifies.
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.
Grayscale has changed how it distributes quarterly cash rewards through its Solana Staking ETF. At the same time, the company reduced management and staking fees to maximize net shareholder profits. On July 17, 2026, the digital asset management firm Grayscale filed a full prospectus supplement. The firm is making changes in the operation of its key financial product. An amended version of the trust agreement for Grayscale Solana Staking ETF (GSOL) has been created. This major change introduces a compulsory distribution of accumulated quarterly cash rewards directly to fund holders.
The changes will be introduced officially on the market on or about August 7, 2026. Previously, the financial instrument was accumulating all staking rewards within the fund to grow its value. Now, the new rule implies that all the digital tokens obtained should be converted to US dollars.
One hundred percent of the fund’s Solana tokens are used as collateral to earn money for the investors. At present, the total staking income earned by the fund is 6.1% gross yearly on the asset. Expenses associated with the running of the trust and other sponsor fees will be deducted from the net cash amount.
Source: sec.gov Drastic Reduction in Fees Enhances Investor Returns In order to make sure that the fund attracts many investors, Grayscale made major cuts in the cost structure of the fund. The annual management fee was decreased from 0.35% to 0.19% in June. More importantly, Grayscale made dramatic reductions in the internal staking fee rate, which was cut from 23% to 7%.
The dramatic decrease results in the trust having significantly smaller profits from the earnings it regularly gains. The shareholders will benefit from a much bigger part of the earnings coming from the network in the future. Nevertheless, the management clearly states that the payments may change depending on the network environment.
The move is made after the successful execution of the strategy that was created by Grayscale regarding its Ethereum Staking ETF. The company first issued GSOL as a privately placed fund back in November 2021. The trust later became listed on the prestigious NYSE Arca on October 29, 2025.
The new structure poses a direct threat to other competitors with their similar market products, such as the REX-Osprey SOL Plus Staking ETF. The financial experts mention that there are different implications when it comes to ordinary income tax with respect to the staking crypto payments.
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The convergence of traditional finance and decentralized trading continues to accelerate as crypto-native platforms expand beyond digital assets. One of the latest examples comes from Margin Trade, a Solana-native perpetual trading platform that has introduced a new market tied to SK Hynix, one of the world’s leading semiconductor manufacturers and a key player in the artificial intelligence supply chain.
The launch comes at a particularly notable moment for the South Korean company. SK Hynix recently made headlines with its landmark Nasdaq American Depositary Receipt (ADR) debut, widely described as the largest ADR listing to date. However, Margin Trade’s latest product is not based on the newly listed U.S. ADR. Instead, the platform offers perpetual exposure to SK Hynix’s underlying Korean-listed stock, giving traders access to the company’s primary market performance through an onchain derivatives product.
Riding the AI Semiconductor Boom Few companies have benefited from the artificial intelligence boom as much as SK Hynix.
The memory manufacturer has become one of the most important suppliers in the AI hardware ecosystem thanks to its leadership in high-bandwidth memory (HBM), a technology essential for training and running large AI models. Industry estimates suggest the company supplies roughly 60% of the HBM used in NVIDIA’s AI GPUs, making it a critical component of the rapidly expanding AI infrastructure market.
Investor enthusiasm has reflected this strategic position. Over the past year, SK Hynix shares have climbed roughly 770%, fueled by soaring demand for AI chips and expectations that spending on AI infrastructure will continue to grow.
While the Nasdaq ADR has attracted significant attention from global investors, Margin Trade has chosen to build its perpetual market around the company’s Korean-listed shares, offering exposure to the stock that serves as SK Hynix’s primary listing.
Expanding Beyond Crypto The new listing is part of Margin Trade’s broader vision of creating a unified marketplace where traders can access multiple asset classes through decentralized infrastructure.
Rather than limiting users to cryptocurrency markets, the platform supports perpetual contracts across crypto assets, commodities, and equities within a single trading environment. Traders manage positions using one unified margin account, allowing collateral to be shared across different markets instead of being fragmented between separate trading accounts.
This approach mirrors the growing trend among decentralized finance platforms to offer more comprehensive financial products that extend beyond crypto-native assets.
As traditional financial markets become increasingly connected to blockchain infrastructure, tokenized and synthetic exposure to equities has emerged as one of the industry’s fastest-growing segments.
Up to 10x Leverage Margin Trade’s SK Hynix perpetual market launches with support for up to 10x leverage, allowing traders to take amplified long or short positions on one of the semiconductor sector’s most closely watched companies.
According to Solayer, the platform’s infrastructure is designed to deliver exchange-grade performance while maintaining the transparency associated with decentralized finance.
Unlike centralized brokerages, Margin Trade operates as a non-custodial platform where users retain control of their assets. Positions, funding payments, margin updates, and liquidations are settled onchain through transparent execution.
The platform also incorporates real order books and an optimized auto-deleveraging (ADL) mechanism intended to improve execution quality during periods of elevated market volatility.
Why Semiconductors Matter Semiconductor companies have become some of the most actively traded equities as AI reshapes global technology markets.
While NVIDIA has captured much of the spotlight, companies supplying the underlying hardware ecosystem, including memory manufacturers like SK Hynix, have also experienced substantial investor interest.
High-bandwidth memory has become an essential component for modern AI accelerators because it enables significantly faster data transfer between processors and memory modules. As AI models continue to grow in complexity, demand for advanced memory solutions is expected to remain strong.
By adding SK Hynix to its marketplace, Margin Trade is positioning itself to capture growing trader interest in AI-related equity exposure alongside its existing crypto and commodity offerings.
To coincide with the launch, the platform has also introduced its Semiconductor July campaign, offering 20% net trading fee cashback across all semiconductor perpetual markets through July 31.
Building Multi-Asset Markets Onchain The SK Hynix listing reflects a broader strategy by Margin Trade to bridge traditional financial markets with blockchain-based infrastructure.
Built by contributors from Solayer Labs, the platform runs on Solana-native technology designed for low-latency trading and high-throughput execution. Solayer’s Layer 1 network supports more than 330,000 transactions per second with approximately 400-millisecond finality, capabilities intended to support performance-sensitive financial applications.
As decentralized trading platforms continue expanding beyond cryptocurrencies, access to global equities, commodities, and sector-specific investment themes is becoming an increasingly important area of innovation.
By offering perpetual exposure to the Korean-listed shares of SK Hynix rather than its newly launched U.S. ADR, Margin Trade is giving traders another way to participate in one of the AI industry’s most closely watched companies while continuing its push toward a unified onchain marketplace that spans both digital assets and traditional financial markets.
Solana News: SOL Hits 300,000 RWA Holders, Leaving Other Chains in the Dust presales
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Ahmed Barakat
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Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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In the latest Solana news, the SOL real-world asset ecosystem just crossed 300,000 unique holders, a milestone no competing chain has matched at this scale or speed.
SOL is trading at $74.30, down 2.30% over the last 24 hours, yet the on-chain fundamentals paint a picture that the spot price alone doesn’t fully capture. The gap between short-term price weakness and long-term network traction is where the real story sits.
The catalyst driving this week’s narrative: Circle injected $250 million of fresh liquidity into Solana on July 15, directly reinforcing its position as the dominant stablecoin and DeFi settlement layer. That capital doesn’t just sit idle; it deepens order books, tightens spreads on RWA protocols, and makes Solana more attractive to institutional allocators scanning for tokenization infrastructure.
The broader setup is a classic tension between strong fundamentals and compressed technicals. Whether that tension resolves to the upside depends on one specific price level, and the window may be narrower than it looks.
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Solana News: Can Solana Price Break $85 Before Macro Resistance Resets the Chart?SOL is trading at $74.30, up 1.46% on the day. Price is chopping around the $74 to $78 band with genuine intraday indecision on both sides.
The technical structure is tight. Support at $77 was reclaimed on strong DEX volume but the $79 to $85 supply wall remains unbroken, a zone where sellers have historically overwhelmed buyers.
A potential triple-top formation is being flagged by technical analysts. If trendline support fails, a flush toward $50 becomes a credible scenario, not a tail risk.
SOL clearing $78 cleanly on volume triggers a short squeeze toward roughly $90, with Circle’s liquidity injection and continued DEX activity providing the fuel.
Source: SOLUSD / TradingviewConsolidation between $74 and $79, persisting for another week while traders wait for macro clarity and the supply wall gets tested, but not broken, is the base case.
A close below $74 on meaningful volume reopens the path to $65 and potentially $50, with bot-inflated transaction counts masking softer organic demand, accelerating the move.
News and sentiment are cautiously optimistic, which in practice means nobody is fully committed to Solana either way. The next 72 hours around the $74 level will carry outsized signal value for trend direction.
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LiquidChain Targets Early-Mover Upside as Solana Tests Key LevelsSOL’s RWA dominance and Circle’s $250M liquidity injection confirm the multi-chain institutional thesis is real. The complication: at a $43 billion market cap, SOL’s upside in a base-case scenario is measured in percentages, not multiples.
Traders chasing leverage-adjusted returns are increasingly looking at infrastructure plays positioned across the chains generating that growth, not just one of them.
LiquidChain ($LIQUID) is building exactly that layer. The project operates as a Layer 3 infrastructure protocol that fuses Bitcoin, Ethereum, and Solana liquidity into a single execution environment, enabling developers to deploy once and access all three ecosystems simultaneously (a meaningful reduction in fragmentation costs for any protocol building cross-chain RWA products).
Key architecture features include a Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, and a Deploy-Once Architecture that removes the need to maintain separate codebases per chain.
The presale has raised $907,706.46 at a current token price of $0.0148. As with any early-stage presale, liquidity risk and execution risk are real. This is pre-launch infrastructure, not a finished product.
For those tracking the cross-chain RWA race that Solana is currently winning, researching LiquidChain’s presale mechanics is worth the time.
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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.
Pump.fun has transferred 81,712 SOL to Kraken, adding fresh pressure to the Solana market at a time when memecoin trading activity has cooled from earlier highs.
The transfer, worth roughly $6.15 million based on the available on-chain data, came from the Pump.fun fee account and was visible on Solscan. On-chain analyst EmberCN has also tracked broader Pump.fun selling, with cumulative converted SOL reportedly reaching 4.81 million tokens.
That makes this more than a routine wallet movement.
Pump.fun has been one of the most important fee-generating platforms in the Solana ecosystem, largely because of the memecoin launch cycle. When a platform like that moves SOL to an exchange, traders naturally ask whether it represents selling pressure, treasury management, or a broader sign that memecoin momentum is slowing.
Reference: Solscan
TL;DR Pump.fun transferred 81,712 SOL to Kraken. The movement was traced from the platform’s fee account on Solscan. The transfer comes as Solana memecoin trading activity cools, raising questions about selling pressure. Why This Transfer Matters Not every exchange transfer is a confirmed sale, but large movements to centralized exchanges usually get traders’ attention.
When funds move from an ecosystem-linked wallet to an exchange like Kraken, the market often reads it as potential supply. The funds may be sold, rebalanced, held for liquidity, or moved for operational reasons. But because exchanges are where tokens can be sold quickly, the transfer becomes part of the price conversation.
That is especially true for Solana.
SOL has been one of the strongest ecosystem assets of the cycle, helped by low fees, fast settlement, meme-token activity, and retail-friendly apps. Pump.fun has sat right inside that story. Its role in launching memecoins made it one of the clearest examples of how speculative activity can drive real on-chain revenue.
So when the platform’s fee account moves a large SOL balance, traders watch.
The 81,712 SOL transfer is not large enough by itself to define Solana’s trend, but it lands in a sensitive part of the market. Memecoin volume has cooled, SOL has been testing important levels, and traders are already looking for signs of whether ecosystem demand is weakening.
Pump.fun Shows The Strength And Risk Of Solana’s Retail Cycle Pump.fun became important because it captured the simplest version of Solana’s appeal: low-cost, fast, high-volume experimentation.
Anyone could launch a token. Traders could rotate quickly. The platform generated fees as speculative demand surged. That activity helped Solana stand out from slower or more expensive networks.
But the same model also creates cyclical pressure.
When memecoin demand is strong, platforms like Pump.fun can generate huge activity and accumulate significant SOL-denominated revenue. When the cycle cools, those accumulated tokens can become a source of selling pressure if they are moved to exchanges and converted.
That does not mean Pump.fun is doing anything unusual. Platforms need to manage treasuries, expenses, and liquidity. The market reaction comes from timing and visibility.
On-chain transparency makes the movement impossible to ignore.
What It Means For SOL For SOL traders, the key issue is whether this transfer becomes part of a larger pattern.
A single transfer can be absorbed if market demand is strong. But repeated exchange deposits from ecosystem fee accounts can weigh on sentiment, especially when trading volumes are already cooling.
That is why EmberCN’s broader tracking matters. If Pump.fun has converted millions of SOL over time, traders may start treating the platform as a recurring source of supply. That does not erase Solana’s ecosystem strength, but it complicates the short-term market picture.
Solana bulls will argue that the network remains active, widely used, and central to retail crypto trading. That is fair. A cooling memecoin cycle does not mean the chain has failed. It may simply mean speculative activity is normalising after an intense period.
Bears will focus on the exchange flows. If one of the largest Solana fee engines is moving tokens to Kraken while memecoin activity slows, they may see that as confirmation that the easiest part of the cycle has passed.
The truth is probably somewhere between those views.
Solana remains one of the most important networks in crypto, but the market is becoming more selective. It wants to know which activity is durable and which activity was mostly speculative heat.
Pump.fun’s transfer gives traders another data point in that debate. The next signal will come from whether SOL can absorb the flow without losing support, and whether memecoin activity stabilises or continues to fade.
This article is based on Solscan data and on-chain tracking from EmberCN.
This article was written by the News Desk and edited by Samuel Rae.
Solana is attempting to establish a short-term bottom in the $73.56–$75 range as buyers step in following a recent dip below key support. Analysts tracking Solana noted that the cryptocurrency rebounded after trapping excess sellers, with price action quickly climbing back above the $75.62 level. Maintaining this support could see SOL advance toward the next targets of $81 and $83 in the near term. If the upward trend continues, the price may extend to the $93–$97 zone.
Support Retest and Bullish SetupAfter briefly sweeping Monday’s low, Solana is holding its ground above the $74–$76 support area. Technical indicators such as the Relative Strength Index (RSI) are showing higher lows, which suggests that selling pressure has started to ease. This pattern keeps the outlook in favor of continued bullish momentum, provided the lower boundary of support remains intact.
Chart analysts have identified a swing failure pattern (SFP) near the support region. This occurs when the price momentarily breaks below a previous low but then rebounds immediately, implying that sellers are trapped as buyers absorb liquidity beneath that level.
Should SOL maintain its position above $75, the immediate upside targets include $81, with more significant resistance anticipated between $85 and $89. High conviction buying could further lift SOL into the $93–$97 price bracket.
Technical charts indicate that “holding above $75 could send SOL toward $81 first, followed by resistance near $85–$89. A stronger breakout could bring the larger $93–$97 area into focus.”
If Solana fails to sustain support, a four-hour close below $74 would call the recovery into question, with deeper downside opening up toward $72.40, $68.66, and even as low as $64 if selling persists.
Mini dictionary: Swing Failure Pattern (SFP), a technical term describing a scenario in which the price briefly moves below a key level before quickly reversing and closing above it, often trapping sellers and signaling a potential reversal or support for a bullish move.
Resistance Levels and OutlookSolana’s recent recovery has been anchored to a move back above the descending trendline and last week’s low. These developments hint that prior breakdowns may have triggered short-lived selling, giving buyers a chance to regroup near support.
Despite this progress, SOL trades just below $75.62—the first major level that bulls must reclaim to reinforce upward momentum. A confirmed breakout above $75.62 would set up approaches to $77.62 and $79.61, aiming next for $81.61 and last week’s high at $83.61 if demand strengthens.
Continued weakness around the monthly open of $73.56 would undermine the bullish thesis. A sustained move below this threshold could pull the price into the $72 zone, elevating the risk of another move lower toward $70.
LevelDirectionSignificance$75.62UpsideKey breakout resistance$81–$83UpsideFirst upside target$93–$97UpsideMajor bullish target$74DownsideCritical support$72.40, $68.66, $64DownsideDeeper support levelsThe outlook remains bullish while Solana holds above monthly support, but renewed selling below $73.56 could expose the cryptocurrency to further declines.
Solana is a high-performance blockchain platform that prioritizes scalability and fast transaction speeds for decentralized applications and cryptocurrencies.
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.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The streets of Mataró, a neighborhood in the Barcelona region, are buzzing. Their kid, Lamine Yamal, is about to play in a World Cup final. And somewhere on the Solana blockchain, opportunistic token creators are buzzing too, for entirely different reasons.
Spain’s matchup against Argentina in the 2026 FIFA World Cup final has turned Yamal into the story of the tournament. A teenage winger going head-to-head with Lionel Messi on the biggest stage in football.
From the pitch to the blockchain Multiple unofficial tokens trading under variants of the $YAMAL ticker have appeared on Solana, riding the wave of excitement around Spain’s World Cup run. None of them are endorsed by Yamal, FC Barcelona, or the Spanish Football Association.
Their market caps tell the story. We’re talking roughly $1.8K to $5K per token. The liquidity is essentially nonexistent, meaning anyone who buys in could find it nearly impossible to sell without taking a significant loss.
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The neighborhood that raised a star Yamal has led the tournament’s knockout stage in dribbles, a stat that captures his playing style perfectly.
The World Cup final pits him directly against Messi, who spent over two decades at FC Barcelona, the same club where Yamal now stars. A viral photo from years past showing a young Yamal in Messi’s arms adds a full-circle dimension that football fans have widely noted.
For Mataró, this is a community moment. Residents who watched Yamal grow up are seeing one of their own compete at the highest level of the sport.
Why crypto traders should care (and be careful) The unauthorized $YAMAL tokens are worth examining because they represent a persistent and growing phenomenon at the intersection of sports culture and speculative crypto trading.
The infrastructure for launching tokens on Solana has become so frictionless that anyone can spin up a new coin in minutes. It means the gap between a viral sports moment and a potential rug pull is measured in hours, not days.
The absence of any official digital asset from Yamal, Barcelona, or the Spanish national team is telling. No official digital assets or tokens linked to Yamal or FC Barcelona have been announced, highlighting the purely community-driven nature of these tokens.
For retail traders tempted by these micro-cap tokens, the math is brutal. With market caps in the low thousands, even a modest buy order can spike the price, creating the illusion of momentum. But there’s no one on the other side of that trade when you want to exit.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
ETRADE from Morgan Stanley (NYSE:MS) has officially enabled direct cryptocurrency trading, allowing eligible U.S. clients to buy, sell, and hold Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) within their brokerage accounts.
This launch integrates digital assets seamlessly alongside traditional holdings such as stocks, ETFs, and mutual funds, marking a significant expansion of retail access through a trusted Wall Street platform.
Clients link a dedicated zerohash-powered crypto account to their existing ETRADE brokerage account (or open both together). Funds move automatically between the accounts to support trades, eliminating the need for separate transfers in most cases.
The service supports 24/7 trading on the ETRADE website and mobile app, with market and limit orders available. Power E*TRADE platforms will gain support soon.
Pricing emphasizes competitiveness: a flat 0.50% (50 basis points) commission on the notional trade value, with no additional spreads or markups.
This structure positions E*TRADE favorably against many standalone crypto platforms.
Minimum trade size starts at $10 and goes up to $500,000 per transaction.
Users can specify amounts in USD or coin quantity (including fractions up to eight decimal places).
The offering relies on zerohash for execution, liquidity, and secure custody, while E*TRADE handles the client-facing experience. zerohash maintains high security standards, including encryption and vulnerability programs, though crypto holdings fall outside traditional FDIC or SIPC protections and carry distinct regulatory considerations.
A 1099-DA form will report tax information. This rollout builds on Morgan Stanley’s broader digital asset strategy. The firm has offered crypto-related products to wealth management clients for years and recently introduced its own spot Bitcoin ETF.
Future enhancements may include crypto transfers into accounts and deeper wallet functionality.
Educational resources from Morgan Stanley experts, covering market insights, long-term Bitcoin scenarios, and risk management, accompany the launch.
For retail investors, the primary appeal lies in convenience and familiarity. No separate exchange login is required, and portfolios can be viewed holistically through tools like Total Wealth View.
This approach lowers entry barriers for traditional investors exploring cryptocurrencies while maintaining regulatory oversight. Availability is open to US-based clients meeting standard account requirements, though state-specific details align with applicable regulations.
The launch reflects growing institutional integration of digital assets into mainstream finance.
By combining E*TRADE’s robust platform with zerohash’s specialized infrastructure, Morgan Stanley aims to meet rising client demand while competing directly in the retail crypto space.
As adoption evolves, additional tokens and features could further expand the ecosystem. This development reinforces the maturing convergence of traditional brokerage services and cryptocurrency markets, offering a regulated, user-friendly gateway for diversified investing.
Overlooking Long-Term FactorsIn an interview with "When Shift Happened" on July 16, Mumtaz explained that the traders are overlooking developer activity, infrastructure upgrades and long-term network economics.
She added that crypto traders often judge projects through short-term price action while missing the businesses, products and technical improvements developing behind the scenes.
Solana as the Highest-Conviction PickMumtaz called Solana the "obvious choice" for developers building on-chain businesses because it combines speed, liquidity, infrastructure and a growing concentration of startups.
He described Solana as a "global Silicon Valley" where developers can launch payments, trading platforms, tokenized assets, collectibles and other financial applications.
Mumtaz said the network’s price decline has distracted traders from improving fundamentals, including record transaction activity, faster block times, higher network capacity and many more.
Trading firms, market makers and applications need SOL to compete for limited block space, execute time-sensitive trades, store data and open accounts across the network.
As activity grows, demand for those scarce network resources should also increase, he said.
Zcash Looks UndervaluedMumtaz described Zcash as a high-conviction privacy asset that investors overlooked when it traded near $18.
Its core investment case is simpler than Solana’s, he said. Zcash offers private digital money while allowing users to keep transactions transparent when desired.
Mumtaz argued privacy becomes increasingly valuable as governments expand financial surveillance, asset monitoring and restrictions on capital movement.
He also highlighted Zcash’s work on formal verification, which mathematically tests whether critical software performs as designed.
Near Protocol Offers Higher Risk, Asymmetric UpsideMumtaz said his conviction in Near remains lower than in Solana and Zcash, but he views the project as significantly undervalued relative to many cryptocurrencies ranked above it.
He pointed to Near co-founder Illia Polosukhin’s technical background, the network’s sharding architecture and its positioning across artificial intelligence and cross-chain infrastructure.
Mumtaz also praised the Near team’s operational execution, describing it as highly organized and capable of turning plans into working products.
However, he cautioned that Near still needs to attract more developers and businesses before reaching its potential.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Solana (SOL), a leading high-performance blockchain developed for decentralized applications and crypto trading, is registering signs of a potential recovery after months of declining market sentiment. Improving activity in the decentralized derivatives sector is helping to boost confidence in the broader Solana DeFi ecosystem.
Key price levels and trading volumesSOL is currently priced at $74.61, with a 24-hour trading volume of $1.6 billion and a total market capitalization of $43.47 billion. The asset has seen a slight drop of 1.75% over the past day. Despite this, the price trajectory and heightened perpetual futures activity have led some analysts to anticipate a possible shift toward bullish momentum in the coming weeks.
Data from Crypto Rank suggests Solana could record its first positive monthly close since September 2025. If this trend holds, July would mark the end of a series of nine consecutive monthly losses for SOL, reflecting a turnaround in long-term investor sentiment.
In July so far, the price of SOL has risen over 3%, interpreted by market observers as a sign that selling pressure may be weakening. This recovery is attributed to increased interest among buyers and a cautious optimism among traders as July progresses.
Surge in decentralized derivatives activityPerpetual future exchanges, or perps, on Solana have surpassed $1 billion in daily trading volume, highlighting the growing depth and liquidity within the network’s derivatives market. Traders are reportedly attracted to Solana due to features such as quick transaction execution, ample liquidity, and lower costs in comparison with alternative blockchains.
The increase in perpetual futures trading not only points to heightened activity on chain but also underscores Solana’s role as a major DeFi platform focused on scalable decentralized applications.
Mini dictionary: Perpetual DEXs are decentralized exchanges that specialize in perpetual futures contracts, allowing users to trade derivative products with no expiry date directly on the blockchain.
MetricCurrent ValueChange/SignificanceSOL Price$74.611.75% decrease in 24 hours24h Trading Volume$1.6 billionHigh market activityPerpetual DEX 24h Volume$1 billion+Record daily volumeMarket Cap$43.47 billionTop 10 crypto by market capMonthly SOL price change (July)+3%First potential positive close since Sep 2025Path forward for Solana ecosystemAnalysts have stated that if this pattern of growing derivatives volume continues, Solana could see greater network adoption, stronger liquidity across protocols, and enhanced development for its expanding ecosystem.
Despite these promising signs, the SOL price has not fully reversed its downward trend, influenced partly by broader crypto market caution and Bitcoin’s recent price decline. Maintaining momentum through the end of July is seen as essential for confirming a broader bullish reversal for SOL after a prolonged period of losses.
Increased trading on perpetual decentralized exchanges reflects rising interest and liquidity, potentially boosting SOL’s price and benefiting the entire platform if current momentum carries through month-end.
The ecosystem may attract further traders and capital if recent growth in decentralized perpetual trading translates into sustained user activity. Market participants are watching to see if Solana’s renewed strength can overcome broader headwinds and mark the end of its extended downtrend.
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.
TLDR:Custody Framework And Settlement AccessSovereign Bond Structure And Broader ApplicationGet 3 Free Stock Ebooks BitGo Bank & Trust now offers qualified custody for USDM1, the first onchain sovereign bond USDM1 is backed 1:1 by US Treasuries and issued natively onchain by the Marshall Islands Go Network enables off-exchange settlement with T+0 timing across Stellar, Ethereum, and Solana Marshall Islands uses USDM1 to fund a 20-year Universal Basic Income program nationwide BitGo Bank & Trust will provide institutional-grade qualified custody and off-exchange settlement for USDM1, the first natively issued onchain sovereign bond. The Marshall Islands issued this dollar-denominated instrument, which is backed 1:1 by US Treasuries.
Institutional clients can hold USDM1 in regulated cold storage and use it for collateral and settlement through BitGo’s Go Network. The service spans Stellar, Ethereum and Solana networks.
Custody Framework And Settlement Access BitGo Bank & Trust operates as an OCC-regulated digital asset trust bank under BitGo Holdings, Inc. The bank now supports USDM1 within its qualified custody platform for institutional clients.
Segregated accounts, offline key management and institutional controls form the foundation of this custody structure. These features apply across all three supported blockchain networks.
BitGo announced the news in a post on X, describing USDM1 as the first natively issued onchain secured sovereign bond.
Today we're announcing institutional-grade qualified custody and off-exchange settlement for USDM1, the world's first natively issued onchain secured sovereign bond.
Institutional clients can hold this dollar-denominated sovereign bond in regulated custody on BitGo and use it…
— BitGo (@BitGo) July 17, 2026
The company stated that institutional clients can hold this dollar-denominated sovereign bond in regulated custody on BitGo and use it for collateral and settlement through BitGo’s Go Network. The post confirmed availability across the three supported networks.
Through the Go Network Off-Exchange Settlement solution, eligible clients can deploy USDM1 to connected trading venues.
This access operates continuously, with settlement completed on the same day trades occur. Assets do not need to move onto an exchange for this process to function.
This structure aims to reduce exposure during the trading day and lower settlement risk for institutions. It also targets a reduction in pre-funding requirements across trading and financing operations.
BitGo positions this setup as a way to improve capital efficiency for institutional clients working with digital assets.
Sovereign Bond Structure And Broader Application USDM1 was issued by the Republic of the Marshall Islands as a secured sovereign bond. The instrument follows a structure similar to a fully collateralized Brady bond under New York law. It is designed to accrue value daily, with minting and redemption tied to live signed price quotes.
Mike Belshe, CEO and co-founder of BitGo, addressed the announcement directly. He said USDM1 is “a different kind of asset – sovereign collateral with Treasury backing, built to fit how institutions already operate.” He added that custody access allows institutions to use the asset within infrastructure they already rely on.
Hon. David Paul, the Marshall Islands’ Minister of Finance, Banking and Postal Services, also commented on the partnership.
He noted that the government “truly appreciates BitGo’s partnership and is proud to see this infrastructure put to work built on trusted legal frameworks.”
He described USDM1 as anchored in the full faith and credit of the Marshall Islands government, secured by underlying US Treasury collateral.
Beyond institutional finance, the Marshall Islands has deployed USDM1 in a nationwide Universal Basic Income program.
The program distributes funds quarterly across more than 1,200 islands over a 20-year period. Financial institutions have also begun using USDM1 as a treasury instrument in daily operations.
Grayscale is turning its Solana staking ETF into something that actually pays you. The asset manager filed a prospectus supplement on July 17, 2026, outlining a Third Amended and Restated Trust Agreement for its Grayscale Solana Staking ETF, ticker GSOL, that introduces mandatory quarterly cash distributions of staking rewards to shareholders.
The amendment is expected to take effect on or around August 7, 2026. In plain terms: instead of staking rewards quietly accumulating inside the fund, Grayscale will now convert those rewards to cash and send the net proceeds to investors every quarter, or more frequently if it chooses.
## What the restructuring actually means
Here is how it works. GSOL stakes 100% of its SOL holdings, currently generating gross staking rewards of around 6.1% annually. Under the new structure, those rewards get liquidated to US dollars on a quarterly cadence, expenses and sponsor fees get deducted, and the remainder flows to shareholders as a cash distribution.
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The catch, and it is a real one, is that distributions are not guaranteed. The amounts will fluctuate based on actual rewards received, which means they move with Solana’s network conditions, validator performance, and the prevailing staking yield at any given time.
Grayscale also used the filing to lock in a fee structure it had already begun rolling out. Effective June 25, 2026, the sponsor fee dropped from 0.35% to 0.19%. More meaningfully, the staking fee, the cut Grayscale takes from gross rewards before passing anything along, fell from 23% to 7%.
At 23%, Grayscale was keeping nearly a quarter of every staking reward before expenses. At 7%, the fund retains far more of the yield it generates, making the cash distribution policy substantially more attractive than it would have been under the old terms.
## GSOL’s road from private placement to NYSE Arca
Grayscale launched GSOL in November 2021 as a private placement vehicle. It spent years trading over the counter before Grayscale uplisted it to NYSE Arca on October 29, 2025, giving retail investors proper exchange access.
The cash distribution policy follows a template Grayscale already tested with its Ethereum Staking ETF, which began distributing staking rewards as cash in January 2026.
## What investors should watch
GSOL is not the only Solana staking ETF on the market. The REX-Osprey SOL + Staking ETF, trading under the ticker SSK, has already been offering monthly distributions, giving it a cadence advantage over GSOL’s quarterly schedule.
The tax angle is also worth flagging. Grayscale explicitly notes in the filing that cash distributions carry tax implications, and the fund encourages investors to consult tax advisors. Cash distributions from a staking ETF are likely treated as ordinary income in most jurisdictions, which is a different outcome than holding unstaked SOL or a non-distributing staking product.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Summary SBI Ventures Asset acquired majority control of Coinhako on July 16. The deal is the fifth SBI digital-asset move in five weeks, alongside JPYSC, Bitbank, EDX Markets, and SBI Solana Global. JPYSC remains restricted to SBI VC Trade accounts with no external wallet access. The Bitbank acquisition still requires Japan’s Fair Trade Commission approval. SBI Ventures Asset Pte. Ltd. closed on a majority stake in Coinhako on July 16, folding Southeast Asia’s longest-running licensed crypto exchange into a Japanese financial conglomerate that already counts more than 14 million users across its brokerage, banking, and insurance arms. Taken on its own, the deal looks like a routine acquisition in a year full of them. Taken alongside everything SBI Holdings has announced since late June, four other announcements in five weeks, the Coinhako purchase reads as the final piece of a corridor SBI has been assembling in full public view over five weeks. SBI’s buildout looks different from the Circle- and Tether-centered infrastructure stories dominating Western crypto coverage this year: a Tokyo securities house trying to own every layer between a Japanese yen and a Southeast Asian retail account.
SBI Ventures Asset bought out Coinhako’s shareholders without disclosing terms The mechanics of the Coinhako deal are laid out in SBI Holdings’ own notice to shareholders. SBI Ventures Asset Pte. Ltd. obtained approval from the Monetary Authority of Singapore for a capital injection into, and a purchase of shares from existing investors in, Holdbuild Pte. Ltd., the entity behind Coinhako. The acquisition closed on July 16 and made Coinhako a consolidated subsidiary; neither company disclosed the price. Coinhako itself operates through two regulated units, Hako Technology Pte. Ltd., which holds a Major Payment Institution license from the MAS, and Alpha Hako Ltd., registered with the British Virgin Islands Financial Services Commission. Yusho Liu and Gerry Eng co-founded the exchange roughly a decade ago; coverage of the deal consistently puts its user base in the hundreds of thousands.
SBI Holdings chairman and CEO Yoshitaka Kitao framed the purchase as a step toward a global corridor for digital assets by connecting exchanges worldwide, language that shows up again almost verbatim in SBI’s other July announcements, suggesting it is the operating thesis rather than a one-off soundbite. On Coinhako’s own blog, Liu described joining the group as the natural next chapter for Coinhako, a company he said had spent ten years building a compliant platform inside one of the world’s more demanding regulatory environments.
Five weeks, five announcements, one corridor What separates this from an ordinary run of M&A is how tightly the pieces interlock once laid side by side on a timeline. Each move slots into a different layer of the same stack: an exchange layer for onboarding users, an asset layer for tokenizing what they trade, a ledger layer for where those tokens actually live, and a settlement layer for how money moves underneath all of it.
Jun 24, 2026 · Settlement
JPYSC goes live
SBI Shinsei Trust Bank issues, SBI VC Trade distributes
Jun 25, 2026 · Exchange (Japan)
Bitbank acquisition agreed
¥46.7bn (~$289M) via SBICAH GK, pending JFTC clearance
Jul 7, 2026 · Institutional access (US)
EDX Markets Series C
SBI leads $76M round
Jul 13, 2026 · Ledger
SBI Solana Global formed
Solana Foundation takes equity stake in renamed SBI R3 Japan
Jul 16, 2026 · Assets
Ondo Finance partnership
Japanese equities tokenized via Ondo Global Markets, settled in JPYSC
A Japanese stock tokenized through Ondo Global Markets would move across SBI’s own channels, SBI Securities, SBI VC Trade, Bitbank, Coinhako, and settle in JPYSC on Solana rails. Every link in that chain is owned, part-owned, or contractually bound to SBI, exactly what Ondo’s own release meant by plans to connect Japan with the global tokenized economy.
JPYSC’s Type III classification removes the ¥1 million ceiling that limits its only domestic rival The settlement layer deserves closer attention because it is the part of the stack that is hardest to replicate quickly. JPYSC launched on June 24, issued by SBI Shinsei Trust Bank and distributed exclusively through SBI VC Trade, developed jointly with Singapore-based Startale Group. Japan’s amended Payment Services Act classifies it as a trust-type Electronic Payment Instrument, a structure that, unlike the funds-transfer license underpinning the rival JPYC stablecoin, carries no cap on holdings or remittances. JPYC, live since October 2025, is bound by a roughly one million yen limit on balances and transfers under its Type II registration; JPYSC’s trust-bank structure sidesteps that ceiling entirely, and its reserves are permitted to hold up to half their value in Japanese Government Bonds rather than sitting purely in cash.
The limitation, and it is a real one, is that JPYSC currently cannot leave SBI’s own walls. A company spokesperson told CoinDesk that its use remains confined to accounts within SBI VC Trade and that it does not yet support withdrawals to external wallets or settlement across public blockchains. Every tokenized-equity trade the Ondo partnership eventually enables will, for now, settle inside a closed loop rather than on an open chain a third-party wallet could touch.
Bitbank still needs the Fair Trade Commission’s signature before the math holds up The exchange layer inside Japan runs through Bitbank, and that deal is signed but not finished. SBI agreed on June 25 to acquire the exchange for roughly ¥46.7 billion, about $289 million, structured through its subsidiary SBICAH GK, which will first buy shares directly from Bitbank CEO Noriyuki Hirosue and other individual holders, then subscribe to a new share issuance that Bitbank will use to buy out its two largest corporate shareholders, MIXI and Ceres.
Combined with SBI VC Trade, the merged entity would become Japan’s largest crypto exchange by assets under custody, at least on paper.
¥46.7bn
Deal size (~$289M)
¥1.1tn
Combined AUM (~$6.8B)
2.92M
Combined accounts
Oct 2026
Expected close, pending JFTC
None of that is final. The transaction still requires clearance from Japan’s Fair Trade Commission and is not expected to close until around October. Most coverage of this deal already describes the combined entity as Japan’s largest crypto exchange. That description only becomes accurate once the JFTC clears it.
For anyone trying to trade this rather than just read about it, the gap between announcement and access is the whole story right now. ONDO has already moved on the distribution news, but there is no tokenized Japanese equity live yet to actually buy, and JPYSC’s closed-loop status means none of the settlement layer is reachable from outside SBI’s own accounts. Positioning ahead of the JFTC decision on Bitbank means betting on regulatory timing, not a live product.
Nobody else in Asia is building every layer at once Joseph Goh, director and head of Asia Pacific at crypto investment bank Areta, told CoinDesk that SBI is the first financial group in Asia to go after the entire digital asset value chain, spanning issuance, settlement, trading infrastructure, and retail distribution, and doing it regionally rather than only at home. That is a meaningful distinction from how most exchanges or stablecoin issuers have approached the market, picking one layer and defending it. SBI frames the spending as long-term infrastructure, not cycle-chasing, a claim backed by its $76 million lead investment in US-based EDX Markets and a stake in risk manager Gauntlet, neither of which touches its home markets at all. Read together, those two bets look like a hedge across regions rather than a bet on any single one.
The corridor only works once JPYSC leaves SBI’s own servers Every structural strength above comes with a corresponding constraint. JPYSC’s closed loop means the settlement rail underneath this entire corridor cannot yet move value to anyone who isn’t already an SBI VC Trade customer, which caps its usefulness for the cross-border, third-party liquidity that the Ondo and Coinhako deals are theoretically supposed to unlock. Domestic competition is not standing still either: Japan’s three largest banking groups, MUFG, SMBC, and Mizuho, are jointly developing their own stablecoin and have targeted live commercial transactions within fiscal 2026. Zoom out further and the concentration risk becomes a regulatory theme rather than an SBI-specific one. The Bank for International Settlements used its 2026 annual report to argue that privately issued stablecoins broadly lack the institutional safeguards to function as systemic money, a warning aimed at the stablecoin model in general but one that applies with particular force to a structure where a single conglomerate controls the exchange, the tokenization venue, the ledger, and the settlement asset all at once. Whether that concentration reads as smart corporate strategy or a regulatory red flag depends entirely on whether JPYSC ever actually leaves SBI’s own subsidiaries.
What actually closes the loop between now and October Three things will tell you whether this becomes the “sovereign corridor” SBI is describing or stays a loosely connected string of acquisitions. The first is the Fair Trade Commission’s decision on Bitbank, expected around October, without which the “largest exchange in Japan” claim remains unverified. The second is whether JPYSC gains any bridge to public blockchains or external wallets, the single change that would convert it from an internal ledger entry into actual settlement infrastructure other institutions could plug into. The third is more mundane but just as telling: whether Ondo Global Markets actually issues a first tokenized Japanese equity under this partnership. A distribution agreement and a live, tradable token are not the same thing. July has produced four press releases describing intent, not one product a retail investor can currently buy.
Every World Cup produces a moment nobody saw coming. This year, WEEX, a world leading crypto exchange, gave its community three ways to get ahead of it: a live prediction data report with Foregate, a $1,000,000 Dice Rush campaign, and an interview with football legend Michael Owen that ended up predicting the tournament’s biggest upset before it happened.
The Guide That Reads the Tournament Like a Market WEEX teamed up with ForeGate, the Solana-based on-chain prediction market, to publish the ForeGate 2026 World Cup Winning Guide — a living report tracking advancement odds, likely matchups, and title paths as the tournament unfolds.
The idea was simple: treat football like a market, not a guessing game.
Where most World Cup content freezes on kickoff day, this one kept moving — updated as results came in, odds shifted, and underdogs made their case. While the tournament kept changing, WEEX made sure the data changed with it.
WEEX Cup: Where Every Roll Could Be Worth $1,000,000 Alongside the data, WEEX built something louder: WEEX Cup – Dice Rush, a World Cup-themed event backed by a $1,000,000 USDT prize pool, plus trial fund, token rewards and more!
The mechanics are built for momentum, not complexity:
Earn dice — complete tasks like deposits, trading, or inviting friends Roll to win — move across the board, unlock BTC, ETH, USDT, coupons, and more Stack points — unlock milestone rewards and enter WEEX Cup match predictions Back a champion — use points to support the team you believe will lift the trophy, then share the prize pool with everyone who called it right Users who picked less-favored outcomes were positioned for bigger rewards — a mechanic that turned out to be more prophetic than anyone expected.
The numbers tell the story. Over 100,000 users have joined the event so far. More than $1,000,000 in rewards has already been distributed, with top winners claiming over $2,000 each.
One line sums up the design philosophy: the crowd isn’t always right, and the ones who bet against it get paid more for being early.
When WEEX and Michael Owen Predicted the Upset Before It Happened Weeks before Cape Verde became the story of the tournament, WEEX COO Andrew Weiner sat down with football legend Michael Owen to talk about what makes this World Cup different.
One line from that conversation stands out now:
“When you’re in the minority of opinion, you have the biggest chance for the biggest value.”
Owen went further, pointing to the tournament’s expansion to 48 teams as fertile ground for exactly this kind of surprise:
“There’s possible value in certain situations — it’s down to people to try to find it.”
Then Cape Verde happened.
A nation of 546,000 people, ranked outside the world’s top 70, playing in its first-ever World Cup — and it didn’t just show up. It drew Spain 0-0. It drew Uruguay 2-2. It drew Saudi Arabia 0-0, advancing out of the group stage without winning a single match, one of only five teams in World Cup history to do so.
Then, in the round of 16, Cape Verde held reigning champions Argentina to a 1-1 draw through regulation time — before finally falling 3-2 in extra time.
Four matches. Three former World Cup champions faced. Zero regulation-time losses.
It was, by every measure, the value Owen had described weeks earlier — found by a team nobody was pricing in.
A football legend called it before the tournament even started. That’s the kind of insight WEEX brought to its community.
WEEX’s World Cup Journey: Three Moves, One Idea Report, game, and conversation weren’t three separate campaigns. They were one belief, expressed three ways:
The best value in football — and in markets — is rarely where everyone’s already looking.
WEEX didn’t just watch the World Cup happen. It built tools to help its community read it, play it, and occasionally, predict it before the world caught on.
Disclaimer: This information does not hold any official affiliation, sponsorship, or endorsement with FIFA or any official international football governing body.
About WEEX Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era delivering real time AI news, empowering users with AI trading tools, and exploring innovative trade to earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.
Eligible E*TRADE clients can now buy, sell, and hold Bitcoin, Ethereum, and Solana through Zero Hash at a 0.5% fee.
Original image credit: Tada Images / Shutterstock.com
Posted July 17, 2026 at 6:32 am EST.
Original image credit: Tada Images / Shutterstock.com
Morgan Stanley has completed the rollout of spot crypto trading on E*TRADE, giving eligible clients the ability to buy, sell, and hold Bitcoin, Ethereum, and Solana directly on the retail brokerage. The bank announced the launch Thursday, partnering with digital-asset infrastructure provider Zero Hash.
Trades execute through a linked Zero Hash account, which also custodies the assets, at a fee of 0.5%. Clients can view their crypto holdings alongside stocks and other investments, and Morgan Stanley said transfer functionality would arrive later this year. Digital-asset services are set to move to the bank’s own trust entity, Morgan Stanley Digital Trust, once it is operational.
This story is an excerpt from the Unchained Daily newsletter.
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Morgan Stanley is betting that trust and integration matter more to its users than novelty, citing a survey by its wealth management arm that found the top factor investors cited when choosing a crypto platform was an established company they can trust. The crypto rollout arrived alongside new retirement-planning tools, fractional-share trading, and an updated IPO center.
The launch caps a year of steady crypto expansion at Morgan Stanley. The firm filed for spot Ethereum and Solana ETFs at market-low fees, introduced a money market fund for stablecoin issuers under the GENIUS Act, and has received conditional approval for a national trust bank charter to custody digital assets. Morgan Stanley first disclosed plans to bring crypto to E*TRADE in September 2025, naming Bitcoin, Ethereum, and Solana as the initial assets.
Related Listen: Why You No Longer Have to Choose Between TradFi and Crypto
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Solana has maintained short-term support after breaking out of a falling wedge pattern, which keeps the pathway open toward the $79 to $81 range. This recent technical movement has prompted renewed optimism among traders, as buyers have managed to defend a critical support area following previous failures to sustain upward momentum.
Solana’s rebound raises exit rally considerationsAnalyst Killa argued that while Solana’s recovery may open the door to the $120 to $170 price region, the longer-term chart still points to potential weakness beyond that zone. The analyst warned that an increase in token supply and the concentration of SOL holdings among large investors could cap the cryptocurrency’s upward potential, limiting its ability to revisit earlier highs.
At current levels near $75, the price is viewed more as an accumulation area for medium-term traders than as the foundation of a lasting bull market. The analyst suggested that any significant advance would first need to reclaim $100 before approaching the $120 to $170 resistance, where major selling pressure is likely to return.
Concerns about future token supply and the behavior of large holders remain central to the bearish case. However, these point to the need for more detailed on-chain data to verify if insiders or foundation-linked entities are actively influencing price trends. The technical chart alone, according to Killa, does not provide enough evidence regarding the actual distribution or sale of tokens.
For Solana’s current rebound to gain traction, the cryptocurrency must maintain its upward momentum and create a pattern of higher lows, especially in the $60 to $70 region. A loss of this support could trigger further losses, with lower price targets of $40 and possibly $20 to $30 coming into play if the weakness intensifies.
A more definitive shift in sentiment could occur if Solana manages to break above $170 and then secure that level as a new support base. Until such a breakout is confirmed, analysts see any large upward move as an opportunity for early investors to exit rather than a sign of a sustained return to all-time highs.
Mini dictionary: Falling wedge — A falling wedge is a bullish chart pattern formed when an asset’s price moves between two converging downward sloping trendlines. The breakout above the upper trendline often indicates a reversal or continuation to the upside.
Key LevelSignificance$79-$81First upside target after wedge breakout$120-$170Upper resistance; potential area for sellers$60-$70Critical support zone for bullish scenario$40 / $20-$30Downside targets if support is lost$170+Potential trigger for sustained uptrend The current area near $75 is seen as a potential accumulation zone for medium-term trades rather than the beginning of a lasting bull cycle, with the $120 to $170 region likely to attract renewed selling activity.
Technical breakout shifts short-term outlookSolana has moved above a falling wedge pattern after successfully retesting previous resistance at $74 to $76, strengthening the bullish short-term outlook. The transition of this region from resistance to support marks a critical support-resistance flip, suggesting buyers are now in control of the immediate trend.
This key price zone had rejected multiple recovery attempts in the past, but maintaining a position above it now helps sustain upward pressure and reduces the risk of a quick reversal. The breakout from the falling wedge indicates that the recent correction phase, which produced a series of lower highs and lows from the $83 level, may have ended or is at least on hold.
Looking ahead, holding above the broken trendline and the $74 to $76 support area remains essential. Any return below this level could see the trend invalidated and shift focus back to lower support levels near $72 to $73. Sustained strength above current prices would validate $79 to $81 as the next targets for SOL bulls.
Breaking above the upper trendline of the falling wedge pattern implies weakening selling pressure and brings the $79 to $81 region into focus as Solana’s immediate upside target.
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] has given back its gains made earlier in the week as Bitcoin slipped below $63K on Friday, the 17th of July.
As of writing, SOL was valued at $74.8, down 6% from this week’s high of $79. But the pullback retested a crucial short-term support at the 50-day Moving Average (MA, white).
This dynamic support has stopped the dumps in July. If the trend repeats, relief demand could be possible at the 50-day MA or the $74 level.
Source: SOL/USDT, TradingView If so, the next upside targets would be $80, $84, or the mid-range level at $88. That would be 8%-18% in upside potential.
But the price reversal projection would be invalidated if bears decisively push Solana [SOL] below the 50-day MA. In such a scenario, another dip below $70 couldn’t be overruled.
Will Morgan Stanley’s move boost Solana crypto? This raises the most crucial question: what are the potential catalysts that could shape SOL’s price direction in the next few days?
First, on Thursday, Morgan Stanley activated spot trading for Solana [SOL], Bitcoin and Ethereum through its E*TRADE platform. Commenting on the same, Chad Turner, Head of Morgan Stanley Wealth Management Platforms, said,
With the rollout of crypto trading on E*TRADE, we’re advancing our digital assets strategy and bringing new capabilities to clients in an integrated way.
Worth pointing out that more banks and brokerage firms are now supporting spot crypto trading, including Charles Schwab and Fidelity. However, only Morgan Stanley has expanded support for SOL, as the other top-tier banks only support BTC and ETH for now.
It remains to be seen whether this will boost demand for SOL.
Secondly, U.S. spot ETFs saw a positive daily net inflow of $1.66M on Thursday, breaking the trend of zero or negative outflows seen throughout the week. If inflows remain sustainable, SOL price could defend $74 and attempt a recovery.
Source: X In fact, the overall spot SOL accumulation has been strong in the first half of July and in the past 30-days.
However, if macro and geopolitical jitters worsen in the next few days, the potential de-risking could drag SOL lower.
Final Summary Morgan Stanley rolled out support for spot SOL trading via its E*TRADE platform. SOL’s short-term recovery could be determined if bulls hold above $74.
TLDR: Argentine Judge Martínez de Giorgi froze 25 crypto accounts tied to the $LIBRA investigation. Six exchanges, including Binance and Bybit, must submit full customer KYC and transaction records. Police traced fund flows from “Team Libra Wallets” through Solana and Tron blockchain networks. The $LIBRA token collapse reportedly cost more than 40,000 investors nearly $100 million in losses. An Argentine judge froze 25 crypto accounts connected to the $LIBRA token investigation on Friday. Federal Judge Marcelo Martínez de Giorgi ordered six exchanges, including Binance, Bybit and Bitfinex, to identify account holders.
The order followed a police report tracing fund flows from wallets linked to the token promoted by President Javier Milei in February 2025. The ruling seeks to prevent further asset movement during the ongoing probe.
Judge Orders Exchanges to Reveal Account Holders Judge Martínez de Giorgi issued the resolution at the request of prosecutor Eduardo Taiano. The order relied on a technical report from the Cybercrime Department of the Argentine Federal Police.
Six platforms were named in the ruling: Binance, Bybit, OKX, CoinEx, FixedFloat and Bitfinex. Ten addresses were tied to Binance, eight to Bybit, and smaller numbers to the remaining exchanges.
Each exchange must now hand over complete KYC files for the affected accounts. This includes account opening documents, internal memos and IP connection records.
Linked bank account information and full transaction histories were also demanded. The Cybercrime Department will compile the official documentation for the case file.
The judge pointed to Argentina’s regulatory gap, noting there is no “governing body in matters of cryptocurrencies.”
Argentine Judge Freezes 25 Crypto Accounts, Orders Six Exchanges to Identify Account Holders
Argentine federal judge Marcelo Martínez de Giorgi ordered 25 crypto accounts linked to the LIBRA investigation frozen and directed Binance, Bybit, OKX, CoinEx, FixedFloat and Bitfinex… pic.twitter.com/rvTmh8eFFv
— Wu Blockchain (@WuBlockchain) July 17, 2026
He explained the freeze was needed to “avoid damage that is impossible to repair later.” Preventing further transfers of potential criminal proceeds was described as necessary to the case. The order also seeks to stop related offenses from continuing during the legal process.
The resolution further stated the measure was “indispensable” to secure eventual asset recovery. Judicial authorities want to block any handling or disposal of funds tied to the alleged crime.
This step aims to preserve evidence while the broader investigation proceeds. Prosecutors say the frozen accounts remain central to tracing the token’s collapse.
Investigators Trace Fund Movements Across Networks The police report used backward tracing and open-source intelligence to reconstruct the fund flow. Investigators found that funds departed from wallets identified as “Team Libra Wallets.”
Millions of tokens moved toward the Meteora liquidity protocol between February 14 and 15, 2025. The balances later converged into a single intermediary wallet identified by investigators.
From that wallet, funds moved on November 25, 2025, to an address linked to a Solana-based vault. Arkham Intelligence had previously flagged this address in connection with the $LIBRA token.
A larger transfer occurred on May 10, 2026, involving nearly 500,000 USDT moved to the Tron network. The transaction was completed in 16 seconds using automated liquidity solvers.
No traditional exchange handled that specific transfer, according to the police findings. Once funds reached Tron, investigators say a smurfing pattern began.
Fragmented amounts were distributed daily across multiple wallets to complicate tracing efforts. Seventeen separate bridges moving USDC or USDT from Solana to Tron were identified in total.
Case Origins Trace Back to Presidential Post The $LIBRA case began after Milei promoted the token on X on February 14, 2025. The token’s price surged from roughly $0.01 to near $5 within hours.
It then collapsed following sell-offs attributed to the token’s creators and early holders. More than 40,000 people reportedly suffered losses in the crash.
Total withdrawals from the token are estimated at approximately $100 million. Kip Network, led by Julian Peh, and Kelsier Ventures, owned by Hayden Davis, face scrutiny.
Both firms are named as participants in the token’s creation and launch. Lobbyist Mauricio Novelli and his associate Manuel Terrones Godoy are also accused.
The judge recently removed plaintiffs who had claimed status as injured investors. That decision has been appealed before Chamber I of the Buenos Aires Federal Court. The investigation into the $LIBRA token collapse continues under prosecutor Taiano’s direction.
A startup most people hadn’t heard of a week ago just vaporized $589 billion from a single company’s market cap. DeepSeek, a Chinese AI lab based in Hangzhou, released its R1 and V3 reasoning models on January 27, 2025, and the shockwave rippled through global markets.
Nvidia bore the brunt of the carnage, suffering what appears to be one of the largest single-day market cap losses in the history of publicly traded companies. The logic was brutal and simple: if a Chinese startup can build AI models that rival OpenAI’s GPT-4o using a fraction of the hardware, maybe the world doesn’t need quite as many $40,000 GPUs as everyone assumed.
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The hardware math that broke Wall Street DeepSeek’s V3 model was trained using just over 2,000 Nvidia H800 GPUs. For context, leading Western AI labs typically throw tens of thousands of cutting-edge chips at training runs of comparable scale. The H800 itself is a downgraded chip that Nvidia specifically designed to comply with US export controls on advanced semiconductors to China.
DeepSeek claims its models match the capabilities of systems built by companies with access to the most advanced chips money can buy. Futures tumbled. Chip stocks across the board sold off. The entire thesis underpinning semiconductor valuations, that AI development requires ever-larger capital expenditures on the most advanced silicon, suddenly looked a lot less certain.
What this means for the AI investment thesis DeepSeek’s valuation has reportedly climbed above $50 billion, underscoring the market’s recognition that Chinese AI development has reached a competitive inflection point. This is happening despite, or perhaps partly because of, US export restrictions that were designed to slow China’s AI progress.
Crypto’s predictable response: scam tokens everywhere Within hours of DeepSeek making headlines, a swarm of tokens branded as “DeepSeek AI” appeared on Solana and Ethereum. None of them have any affiliation with the actual company. DeepSeek has no official crypto product, no token, no blockchain integration. Every “DeepSeek” token trading right now is, to put it plainly, a scam.
The pattern isn’t new. We saw it with ChatGPT-themed tokens in early 2023. The playbook works because it exploits a narrow window where excitement outpaces due diligence. By the time most buyers realize the token has no connection to the company, the deployers have already cashed out.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Robinhood Chain has been live for exactly one week, and aggregators are already racing to plug into it. Velvet Capital’s trading terminal, VelvetX, announced support for Robinhood Chain on July 7, enabling single-transaction cross-chain swaps from networks like Solana, Base, BNB Chain, and Ethereum, no manual bridging required.
For anyone who’s ever watched their tokens disappear into a bridge for 20 anxiety-filled minutes, that last part matters. The integration means traders can move assets directly onto Robinhood’s Arbitrum-based Layer 2 through VelvetX without the usual multi-step headache that makes cross-chain activity feel like filing taxes.
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What VelvetX actually does here VelvetX is Velvet Capital’s AI-driven trading terminal. It handles spot trading, perpetuals, and yield strategies across multiple chains, essentially trying to be a one-stop shop for DeFi traders who don’t want twelve browser tabs open at once.
The cross-chain routing is powered by the 0x protocol, which was selected as the swap and liquidity infrastructure provider for Robinhood Chain itself. In English: 0x acts as the plumbing that finds the best prices and routes trades across different blockchains, so users don’t have to manually hop between networks.
Velvet Capital is backed by notable investors including YZi Labs and DWF Labs. The project has a native token, VELVET, with a circulating supply of roughly 421 million tokens against a maximum supply of 1 billion.
Robinhood Chain’s first week Robinhood Chain launched its public mainnet on July 1, built on the Arbitrum technology stack. The chain’s pitch goes well beyond simple token swaps. Robinhood is using it to offer stock tokens accessible across 120 countries. The chain also supports DeFi applications, including lending solutions powered by Morpho.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Cover image via youtu.be Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
As the tokenization boom and a fundamental reassessment of the role of public blockchains go on, Bitwise CEO Hunter Horsley shared his "hot take" on the utility of Ethereum and Solana. Despite skepticism toward cryptocurrencies in the summer of 2026, the fund's chief mounted a forceful defense of the leading networks, calling doubts about the value of their native tokens a repetition of Wall Street's biggest historical mistakes.
The head of one of the largest crypto funds directly stated that the attempt to separate RWA infrastructure from the economic value of base-layer coins is simply the "2026 version of the 'blockchain, not Bitcoin' thesis".
Bitwise CEO calls out the market's biggest mistakeThe industry has irreversibly entered an "on-chain versus off-chain" phase, and attempting to develop tokenized assets while denying the value of native tokens is an old mental error of the market, Horsley contends.
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2026 version of "blockchain not bitcoin":
I like tokenization and stablecoins, but I still don't see how Ethereum, Solana, etc are useful.
— Hunter Horsley (@HHorsley) July 17, 2026 Fresh data from analytics platform RWA.xyz clearly supports this position. The leading networks now effectively host nearly the entire global real-world asset infrastructure:
Ethereum is the absolute leader, with $15.5 billion in distributed value across 915 projects.Solana ranks third, with $3.0 billion and already 707 active products.Any transactions, dividend distributions, or transfers of tokenized shares within these massive ecosystems are technically impossible without the use of ETH and SOL. The coins are spent on gas and secure the networks through staking, meaning their value is directly tied to the growth of the tokenization sector.
Top-10 blockchain networks in total value of tokenized real-world assets, Source: rwa.xyzHowever, behind this public defense of the giants lies a pragmatic commercial interest and a bet on alternative infrastructure. Bitwise has its own favorite in this race — Hyperliquid.
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While traditional on-chain tokenization remains stalled by compliance requirements, decentralized trading platform Hyperliquid, in whose development the fund has a direct interest, is demonstrating explosive expansion.
According to the platform's latest reports, open interest in RWA derivatives on Hyperliquid has reached a record $3.6 billion. By this metric, the specialized blockchain alone has surpassed the entire spot RWA market on Solana, valued at $3.0 billion, while the exchange's total open interest has reached an all-time high of $11 billion.
By defending the economics of ETH and SOL against superficial interpretations, Bitwise is skillfully directing investor attention toward more flexible infrastructure solutions, and the fund's capital structure shows that Hyperliquid is becoming their primary instrument for extracting maximum value from the changing structure of the crypto market.
Solana price has fallen nearly 4% to about $74 after a rejection near $77, as a global technology sell-off and leveraged long liquidations have pushed traders toward caution.
Summary
Solana price tests $74 support after losing its rising trendline and facing weak four-hour momentum. A recovery above $76.50 could trigger short liquidations and drive SOL toward $78–$80. Losing $74 would expose the daily Supertrend support at $69.60 and deepen downside risks. According to data from crypto.news, Solana (SOL) price extended its decline on July 17 after failing to hold above the $76.50–$77 resistance area. Selling accelerated as semiconductor shares led losses across global markets, with Nasdaq 100 futures down 1.8%, Japan’s Nikkei 225 off 4%, and Taiwan’s benchmark plunging more than 6%.
The drop can partly be attributed to the rout due to doubts over stretched artificial intelligence valuations and leveraged retail positions.
Strong U.S. data added pressure on speculative assets. Initial unemployment claims fell to 208,000 from 216,000, while June retail sales rose 0.2%. The 10-year Treasury yield climbed toward 4.60%, and the dollar strengthened, raising the cost of holding high-beta assets such as Solana.
Institutional demand has provided only limited relief. U.S. spot Solana exchange-traded funds attracted $8.36 million on July 6, their strongest daily intake in almost two months, per data from SoSoValue. However, the inflow was not enough to prevent SOL from retreating from its early-July high near $83.
Solana price can rebound if bulls reclaim $76.50 On the 4-hour chart, SOL trades near $74.87 and has reached the lower Bollinger Band at $74.33. The middle band at $76.51 now serves as immediate resistance, while the upper band sits at $78.69. A 4-hour close above the midpoint would give buyers another chance to test the $78–$80 region.
Solana price 4-hour chart — July 17 | Source: crypto.news Momentum remains weak but is approaching levels where relief rallies can develop. The 4-hour relative strength index has dropped to 36.58, below its signal average of 45.48 but still above the oversold threshold of 30. Price has also formed a sequence of lower highs since its July 4 peak near $83.
According to crypto analyst SatoshiOwl, SOL has reached a support area after breaking beneath an ascending trendline.
“Hold here and we could see a relief bounce back toward $78–$80. Lose it, and a deeper flush becomes much more likely.”
Ali Charts offered a longer-term counterpoint, noting that the TD Sequential indicator has produced a buy setup on Solana’s monthly chart. The analyst described it as a potential early warning of a macro trend change, although the monthly setup requires confirmation from shorter time frames.
The daily chart remains constructive above the Supertrend support at $69.62. Chaikin Money Flow stands at 0.03, which shows that capital flow is still marginally positive despite the latest sell-off. SOL must first recover the former horizontal support at $76.64 before the daily structure can improve.
Solana daily price chart — July 17 | Source: crypto.news CoinGlass’ three-day liquidation heatmap places the nearest large pools of leveraged positions above the market. Dense clusters sit near $76.50–$76.70, $78, and $78.70, making those levels possible price magnets if SOL rebounds. A move through $76.70 could liquidate short positions and accelerate a recovery toward $78.
A break below $74 would expose the $69.60 support zone Downside risk will rise if SOL closes decisively below the $74–$74.30 area. The heatmap shows less concentrated liquidity immediately beneath the current price, leaving room for a quicker decline toward $72 before the daily Supertrend level near $69.62 comes into play.
Solana liquidation heatmap | Source: CoinGlass A loss of $69.62 would invalidate the remaining bullish daily setup and expose the June recovery base between $64 and $66. Macroeconomic pressure could deepen that move if Treasury yields continue higher, technology shares extend their decline, or renewed U.S.-Iran tensions lift oil prices and reduce demand for risk assets.
For now, SOL remains caught between weak four-hour momentum and positive daily capital flow. Bulls need $76.50 back to target the liquidity stacked near $78–$80, while a failure to protect $74 would place the $69.60 trend support at risk.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
ETRADE, a subsidiary of Morgan Stanley, has enabled the purchase of Bitcoin, Ethereum, and Solana for its users, routing these activities through ZeroHash infrastructure at a 0.5% fee. This new service allows ETRADE clients to engage with cryptocurrencies directly within their brokerage accounts without the need for separate wallets or third-party exchanges. While the service does not yet support external transfers and lacks FDIC/SIPC protections, Morgan Stanley plans to expand these capabilities by the end of 2026. This initiative represents a significant move by a traditional finance institution into the crypto market, potentially increasing accessibility and demand for these digital assets.
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Key Takeaways Market data suggests that the integration of Solana on E*TRADE appears to support an increased demand scenario, potentially impacting its price positively. The new service is consistent with expanding traditional financial channels into the crypto space, leveraging Morgan Stanley’s investment in ZeroHash. Current constraints like lack of external transfer capability and custody limitations indicate potential areas for future service enhancements. What to Watch The market will be observing Morgan Stanley’s further developments regarding external transfer capabilities and full service rollout to its 8.6 million E*TRADE users. The impact on Solana’s price will be closely monitored, especially considering its inclusion alongside Bitcoin and Ethereum. Additionally, market participants may look for regulatory updates or strategic moves by Solana Labs and other key actors that could influence Solana’s adoption and valuation. The evolution of crypto offerings by traditional financial institutions remains a key indicator of broader market trends.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 7.5% — — View market → August 1 2026 0.4% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.4% — — View market → August 1 2026 0.8% — — View market → August 1 2026 0.8% — — View market → August 1 2026 2.5% — — View market → August 1 2026 0.5% — — View market → August 1 2026 8.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 55.5% — — View market → August 1 2026 0.2% — — View market →
Ondo Extends Always-On Access to 16 Tokenized Assets@OndoFinance has activated 24/7 minting and redemption for 10 additional tokenized stocks, including $AMD, $INTC, and $SPCX. The move brings its total lineup to 16 institutional-grade assets available for real-time settlement across @Solana, @BNBChain, and @Ethereum.
The expansion builds on a push that began in late June 2026, when Ondo became what it described as the first platform to offer true around-the-clock minting and redemption for tokenized U.S. equities. Until that point, minting and redemption had paused over weekends in line with traditional U.S. equity markets. The latest rollout eliminates one of the last restrictions linking tokenized assets to conventional trading schedules.
Ondo Stocks lists more than 430 tokenized stocks and ETFs across Solana, Ethereum, and BNB Chain, and is the first platform in the category to surpass $1 billion in total value locked.
Primary Issuance, Not Just Secondary TransfersA key distinction in Ondo's model is how liquidity is sourced. Ondo has argued that many platforms advertising 24/7 tokenized stock trading primarily enable transfers between users rather than continuous access to underlying liquidity. Its architecture enables primary issuance around the clock, effectively bypassing traditional banking and stock exchange downtime.
Ondo's tokenized stocks draw liquidity directly from public markets, where trading depth is substantial. Other platforms rely on onchain liquidity pools, which are limited in depth by design, meaning larger trades, especially over weekends when markets are thinner, can move prices significantly and cost traders far more.
Ondo's tokenized securities can also be used as collateral across platforms, including Ondo Perps, Morpho, Euler, and other DeFi ecosystems. The announcements follow Ondo surpassing 180,000 on-chain asset holders, indicating increasing demand for access to traditional financial products through blockchain solutions.
Tokenized stock transfers have surged roughly 105 percent month over month to approximately $8.4 billion in value, with Ondo leading the space at around $846 million in distributed value, ahead of other platforms like xStocks and Securitize.
Sources
TheStreet Crypto: Ondo Launches True 24/7 Minting and Redemption for Tokenized Stocks
Crypto Briefing: Ondo Introduces 24/7 Minting and Redemption for Tokenized Stocks and ETFs
The Defiant: Ondo Finance Launches 24/7 Minting and Redemption for Tokenized US Stocks and ETFs
Morgan Stanley has completed the rollout of Bitcoin, Ethereum, and Solana trading on E*TRADE, charging eligible clients a 0.50% fee on each transaction.
Summary
E*TRADE now allows eligible clients to trade Bitcoin, Ethereum, and Solana for a 0.50% fee. Morgan Stanley plans crypto transfers and a move to its Digital Trust bank later this year. The rollout complements Morgan Stanley’s Bitcoin holdings, crypto ETFs and Galaxy Digital lending arrangement. E*TRADE announced in a press release that supported customers can now buy, sell and hold the three digital assets directly through its brokerage platform. Zerohash provides the underlying crypto infrastructure and holds the assets in linked customer accounts.
Each transaction carries a 50-basis-point fee, according to E*TRADE. While the current service covers trading and custody, the brokerage expects to introduce crypto transfers later this year, allowing clients to move supported assets into and out of their accounts.
Following a pilot launched in May, the completed rollout makes the service available to all eligible E*TRADE customers. Morgan Stanley had first disclosed plans to add direct spot crypto trading in 2025.
Morgan Stanley is expanding several crypto services at once E*TRADE’s launch comes as Morgan Stanley prepares to add two exchange-traded funds tied to Ethereum and Solana. As previously reported by crypto.news, amended S-1 filings for both products indicated that their launches were approaching, although the filings did not provide a confirmed trading date.
Earlier this year, Morgan Stanley also launched a spot Bitcoin ETF, becoming the first bank to offer such a product, according to the original report. SoSoValue data showed that the fund had accumulated $384 million in net assets at the time of reporting.
Direct trading gives E*TRADE customers another route to crypto exposure alongside Morgan Stanley’s investment funds. Unlike ETF shares, the new service allows eligible users to hold the underlying Bitcoin, Ether and Solana through Zerohash, while the planned transfer feature would give customers more control over moving those assets.
Morgan Stanley had also increased its tracked Bitcoin balance by nearly 1,000 BTC over the two weeks preceding July 11, according to a crypto.news report published that day. The purchases lifted its reported holdings above 5,700 BTC at the time.
Digital Trust is set to take over the crypto service Later this year, E*TRADE expects to move the crypto offering from Zerohash to Morgan Stanley Digital Trust, the group’s planned national trust bank. The brokerage linked that transition to the introduction of transfer services but did not provide a specific launch date.
Morgan Stanley applied to the Office of the Comptroller of the Currency earlier this year for a crypto-focused national trust bank charter. Its application placed the firm alongside Coinbase, Crypto.com and Ripple, while the OCC has already granted Ripple conditional approval.
Circle has also received OCC approval to establish a national trust bank focused on digital assets. The USDC issuer had secured conditional approval in 2025 alongside BitGo, Fidelity and Paxos.
Morgan Stanley Wealth Management added another crypto route in June through a referral agreement with Galaxy Digital. Under the arrangement, eligible high-net-worth clients can lend Bitcoin, Ether and Solana to Galaxy and receive shares in spot crypto investment products, including the Morgan Stanley Bitcoin Trust.
Taken together, the ETRADE rollout, pending ETF launches and Digital Trust application place trading, investment products, lending referrals and custody infrastructure within Morgan Stanley’s disclosed crypto plans. Each service remains subject to separate eligibility rules, fees and regulatory arrangements set by the companies involved.
The U.S. cryptocurrency industry is entering what one of its leading lobbyists describes as a decisive moment.
During her Friday appearance on Fox Business, Kristin Smith, president of Solana Policy Institute, said the coming days could determine whether the industry finally secures a comprehensive federal regulatory framework after years of uncertainty.
"We've come so far with this legislation since the House passed the Clarity Act a year ago," Smith said. "There has been a lot of bipartisan input into this bill, and it is the best, most comprehensive language we've seen."
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However, despite her optimism, betting markets have become increasingly skeptical that the legislation will cross the finish line this year.
Ethics negotiations become central obstacleEthics negotiations have stalled the passage of the much-talked-about bill, and Smith claims that the crypto industry itself cannot dictate the outcome.
"It is absolutely essential," she said. "It's one of those tricky issues where it's not the crypto industry's place to decide what the deal is."
According to Smith, discussions with Democratic lawmakers have made it clear that they will insist on the addition of "ethics language."
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"I have met with members of Congress, especially Democrats. They need to have some sort of ethics language to be able to vote for it," she said.
The proposed provisions would establish conflict-of-interest rules governing elected officials' involvement with crypto businesses.
Smith believes a compromise remains achievable. "This is a president who knows the art of the deal. If we get the president and the Democrats to agree on this issue, that will break the logjam, and we will be able to get the votes needed to get this through the Senate sometime next week or the following," she added.
The most significant crypto legislation Smith described the legislation as the most significant crypto reform effort to date. If enacted, Smith argues, the legislation would dramatically improve investor protections while accelerating institutional adoption.
"Once we get this passed, we are going to see an unleashing of economic activity around the crypto space," she said.
She predicted the bill would lead to an upgrade to the financial services system, more traditional institutions adopting crypto technology and integrating it into their services.
Betting markets turn increasingly pessimisticDespite the industry's public optimism, prediction markets have actually become more pessimistic.
According to Kalshi, the probability that U.S. crypto market structure legislation becomes law before Jan. 1, 2027, has fallen to roughly 36%.
There is still some hope. The House Financial Services Committee will hold an informational field hearing in New York examining how the Clarity Act could foster innovation. Updated legislative text remains rather elusive so far, according to recent reports.
Lionel Messi and Lamine Yamal have done something nobody else at the 2026 FIFA World Cup has managed. They’ve each completed more than 20 successful dribbles in the tournament, a feat that has captivated soccer fans and, somewhat predictably, spawned a wave of unofficial fan tokens on the Solana blockchain.
Messi, who turned 39 and is widely assumed to be playing in his final World Cup, has recorded 25 successful dribbles. Yamal, his 19-year-old Spanish counterpart, sits at 22. No other player in the tournament has cracked the 20 mark. The 20-year age gap between them makes the stat line read like a passing-of-the-torch moment scripted by Hollywood, except it’s actually happening on pitches across North America.
Where soccer meets speculation Yamal’s electric performances have triggered the creation of multiple unofficial fan tokens trading under variants of the $YAMAL ticker on Solana. These aren’t sanctioned by the player, his club, or FIFA. Multiple tokens, multiple tickers, zero official backing.
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Yamal leads the tournament in successful dribbles per 90 minutes, with estimates ranging from approximately 3.45 to 5.8 depending on the data source, comfortably ahead of Messi’s average of about 2.59.
Messi’s own crypto history Messi himself is no stranger to the intersection of sports and digital assets. Back in 2022, he signed a promotional deal with Socios.com valued at over $20 million. That partnership was part of a broader wave of fan token deals that saw major sports organizations, from FC Barcelona to Paris Saint-Germain, launch tokens on the Chiliz blockchain through the Socios platform.
Socios tokens gave holders voting rights on minor club decisions like jersey designs. What’s happening with $YAMAL tokens on Solana is a different animal entirely. There’s no utility, no governance rights, no club partnership. Unofficial tokens carry all the risks of memecoins: rug pulls, liquidity evaporation, and the near-certainty that most of them will trend toward zero once the tournament ends.
Argentina and Spain are set to meet in the World Cup final, meaning Messi and Yamal will share the pitch in what could be the most-watched sporting event of 2026.
What this means for investors Unofficial fan tokens are unregulated, often anonymous in their creation, and subject to the kind of price swings that can wipe out positions in minutes. Messi’s $20 million-plus endorsement deal with Socios.com reflected a moment when sports-crypto partnerships were commanding serious capital. Whether that model still holds in a world where anyone can spin up a competing token on Solana for nearly nothing is an open question.
FIFA and national football associations have historically taken a dim view of unauthorized commercial activity tied to their events. If $YAMAL tokens gain enough visibility, they could attract cease-and-desist actions or broader scrutiny of sports-themed token creation on permissionless blockchains.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
BitGo Adds Qualified Custody and Off-Exchange Settlement for USDM1@BitGo has launched institutional-grade qualified custody and off-exchange settlement for USDM1, described as the world's first natively issued onchain secured sovereign bond. The deployment spans @StellarOrg, @Ethereum, and @Solana, giving professional firms a regulated path to hold dollar-denominated sovereign debt with 24/7 liquidity and near-instant finality.
USDM1 is issued by the Republic of the Marshall Islands and is backed 1:1 by short-duration U.S. Treasury instruments held in bankruptcy-remote custody. Structured in the style of a fully collateralized Brady bond under New York law and advised by Cleary Gottlieb, the instrument gives holders a perfected first-priority security interest in the underlying collateral under the UCC. It is regulated and supervised by the Marshall Islands Monetary Authority.
Unlike tokenized or wrapped instruments, USDM1 is issued directly on public blockchains against segregated Treasury reserves, with minting and burning corresponding to bond issuance and redemption. The instrument pays a sovereign coupon and is compatible with standard derivatives, repo, and securities lending frameworks, making it viable as institutional collateral alongside existing legal netting structures.
Go Network Integration Targets Real-Time Collateral and SettlementBitGo's move integrates USDM1 into the Go Network to support real-time collateralization and settlement. The architecture is designed to cut the multi-day settlement cycles typical of traditional fixed-income markets, replacing them with T+0 finality and programmable transfer across three major public blockchains.
The institutional case for USDM1 has been building for some time. M1X Global, the sovereign financial infrastructure company behind USDM1's development, closed an oversubscribed seed round led by Paradigm in July 2026, bringing total funding to $8.5 million. Paradigm partner Arjun Balaji noted that "24/7 markets require collateral that can move 24/7," citing USDM1 as a reference model for natively issued sovereign debt.
Beyond institutional markets, USDM1 also serves as the disbursement rail for the Marshall Islands' ENRA universal basic income program, described as the world's first nationwide on-chain UBI initiative, launched in November 2025.
Sources:
USDM1 Official Site: Sovereign USD-Denominated Financial Instrument
PR Newswire: USDM1 Now Available on Anchorage Digital
PR Newswire: M1X Global Announces Further Funding Led by Paradigm
Mohamed Salah, one of the most decorated forwards of his generation, has reportedly reached a verbal agreement to join Turkish Super Lig club Beşiktaş on a one-year free agent deal worth approximately €10 million in annual salary. And the crypto market noticed before the ink was even dry.
The 34-year-old Egyptian star left Liverpool after a nine-year stint that cemented his legacy at Anfield. Now, as negotiations with Beşiktaş progress, a Solana-based memecoin bearing his name has become one of the more interesting side plots in what is otherwise a straightforward football transfer story.
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The deal taking shape in Istanbul Beşiktaş submitted an opening contract proposal, and Salah reportedly adjusted his salary expectations downward from an initial ask of €15 million to somewhere in the €10 to €12 million range annually. The proposed structure is a one-year contract with optional extensions tied to match appearances. Salah’s lawyer has traveled to Istanbul to negotiate the finer details of the agreement. No official confirmation has come from either party as of July 17, 2026.
The $SALAH memecoin and fan token dynamics The $SALAH memecoin, built on Solana, has experienced a marked surge in trading volume directly correlated with the transfer rumors gaining traction. Meanwhile, Beşiktaş’s official fan token, BJK, has seen comparatively muted activity. The club-branded token exists on Socios’ platform and theoretically gives holders voting rights on minor club decisions and access to exclusive content. Yet it’s the entirely unofficial memecoin that’s capturing trader attention.
That disparity tells you something important about how crypto markets currently work. Traders are gravitating toward the higher-volatility, higher-risk asset rather than the one with an actual institutional connection to the club. Memecoins offer bigger potential percentage moves in shorter timeframes, and for speculative traders riding a news cycle, that’s the whole point.
What this means for investors The core risk here is timing. Transfer sagas can drag on for weeks, and sentiment can flip on a single tweet from a journalist or club official. If Salah’s deal falls through or negotiations stall, the same speculative energy that pushed the token up will work in reverse.
For the BJK fan token, a confirmed Salah signing could drive sustained interest in the token as new fans engage with the club’s digital ecosystem. Salah’s fanbase, particularly across the Middle East and North Africa, is enormous, and that kind of geographic reach could translate into meaningful new demand for BJK.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana is back near an important support zone as risk-off pressure spreads through the crypto market and traders reassess exposure to high-beta layer-1 assets.
The token has been holding around the $77 region, a level that now matters because it sits at the intersection of market sentiment and ecosystem confidence. Solana still has one of the strongest activity stories in crypto, but that does not make it immune to broad selling when investors cut risk.
That is the key point in the current setup. Solana can be a strong network and still trade weakly when the wider market is pulling liquidity out of altcoins.
For traders, the question is whether $77 becomes a base or a warning sign.
TL;DR Solana is testing support near the $77 region as broader risk appetite weakens. The move reflects pressure across layer-1 tokens, not just a Solana-specific problem. Traders are watching whether on-chain activity and ecosystem confidence can keep buyers engaged. Solana’s Activity Story Is Still There Solana’s market position has changed dramatically from the darkest days of the previous cycle.
The network has rebuilt credibility through activity, developer interest, low-cost transactions, consumer-facing apps, DeFi usage, meme-token trading, and a growing ecosystem that often looks faster and more retail-friendly than rival chains. That activity has helped Solana regain a place near the front of the layer-1 conversation.
But price does not always move with network activity in a straight line.
When traders reduce risk, high-beta assets usually feel it first. Solana often trades like one of the market’s more aggressive major tokens. That can be a strength in bullish conditions, because SOL can outperform quickly when capital rotates into altcoins. It can also be a weakness in risk-off periods, because the same traders may reduce Solana exposure faster than they reduce Bitcoin exposure.
That is what makes the $77 support area important. It is not just a technical line. It is a test of whether buyers still see Solana as an asset worth accumulating during broader market weakness.
Network Fees And Usage Give Traders Context Transaction fee declines and ecosystem data are part of the current Solana picture. That matters because network activity can help explain whether the price move reflects a deeper slowdown or mostly a market-wide reset.
Lower transaction fees can mean different things depending on the context. They may reflect improved efficiency, lower congestion, reduced speculative activity, or simply a quieter period for on-chain trading. The interpretation depends on whether user activity, transaction count, and application demand are also holding up.
For Solana, that distinction is important. The network’s strongest market argument has been that people actually use it. If activity remains healthy while price pulls back, bulls can argue that the market is overreacting to macro pressure. If activity cools alongside price, the support test becomes more fragile.
That is why traders are likely watching more than the SOL chart. They are watching DEX volume, wallet activity, fee generation, network reliability, and whether developers continue building through weaker price action.
A layer-1 token needs more than narrative. It needs evidence that the chain remains useful when speculation cools.
Layer-1 Competition Has Not Gone Away Solana’s support test also comes in a market where layer-1 competition remains intense.
Ethereum still dominates many institutional and DeFi conversations. Bitcoin has absorbed a larger share of macro attention through ETFs. Other chains continue to fight for developer interest, liquidity incentives, and user adoption. In that environment, Solana has to keep proving that its speed and cost advantages translate into durable usage.
That is why support around $77 is psychologically useful. If buyers defend it, the market can treat the pullback as a reset inside a broader recovery. If the level breaks cleanly, traders may start questioning whether the next phase of altcoin rotation is being delayed.
The best case for Solana bulls is not simply that price bounces. It is that price bounces while network usage remains credible. That combination would make the move easier to trust.
The weaker case is a bounce driven only by short-term speculation, with no improvement in activity or liquidity behind it. Those moves often fade quickly.
For now, Solana remains one of the major assets that traders watch when they want to measure appetite for risk beyond Bitcoin and Ethereum. Its weakness says something about the market’s current mood. Its ability to hold support will say something about whether that mood is starting to stabilise.
The $77 region is therefore more than a chart level. It is a live test of Solana’s place in the current cycle.
This article is based on information from Solana Foundation ecosystem materials.
This article was written by the News Desk and edited by Samuel Rae.
A detailed breakdown of the performance of ADA, SOL, and ETH and some of the latest forecasts.
Cardano’s ADA has been struggling to remain in crypto’s top 20, and its recent performance has been quite concerning (to say the least). Even so, analysts continue to float optimistic price targets for it.
Solana’s native token has flashed signs of an uptrend, while Ethereum (ETH) might be heading toward the biggest crash in its history.
ADA’s Latest Forecasts The asset’s price has slipped well below $0.20 and is among the most severely affected by the prolonged bear market. X user The Boss noted the downward structure but reminded that the strongest reversals begin during such a negative environment when “almost nobody is paying attention.”
CryptoJack and Celal Kucuker also chipped in. The former spotted the formation of an inverse head-and-shoulders pattern on ADA’s chart, which has historically been a precursor of a rally, while the latter envisioned a parabolic increase to a new all-time high of $5.
The whale activity supports the bullish perspective. Investors holding between 100,000 and 100 million ADA have boosted their total possessions to more than 25.6 million coins, while those owning fewer than 100 units have reduced their exposure. This combination represents a healthy setup for the token, yet it can’t 100% guarantee a short-term pump.
Of course, not everyone is so optimistic. X user Alexander Legolas believes that Bitcoin (BTC) may soon tumble to $48,000, dragging ADA to around $0.10 along the way.
SOL’s Targets Solana’s native cryptocurrency currently trades at around $75 (per CoinGecko), but some market observers think it may soon head north to much higher levels.
You may also like: Ethereum Drops 4%, but Analysts Still See a Path Toward $2,245 and Beyond Arthur Hayes Buys ETH Above $1,900 Weeks After Selling at $1,700 Ethereum Tops $1,900 in a Six-Week High, Where to Next For ETH? Ali Martinez recently argued that the Average True Range (ATR) stop has flipped below price, marking the first SuperTrend buy signal on the asset since October 10. That said, he projected a possible rise to $96 and even $121.
Michael van de Poppe suggested that SOL could stage a decisive comeback should it stay above $73, while the rising fear, uncertainty, and doubt (FUD) around the project may also be considered good news. After all, this means that most weak-hand investors have already exited, potentially setting the stage for a meaningful recovery.
ETH Crash Incoming? Earlier this week, the second-largest cryptocurrency tried to reclaim the $2,000 psychological mark, but failed and now trades at approximately $1,830. And while many investors eagerly await a substantial rebound, certain analysts warned that a major collapse could be on the way. Crypto Rover told his 1.6 million followers on X that ETH might repeat previous cycles that ended in “devastating sell-offs.”
“The worst may still be ahead,” he added.
Ash Crypto is in the completely opposite corner. They reminded that every time the Russell 2000 hits a new all-time high, ETH has followed with a parabolic move in the next 12-18 months.
“We are seeing the same setup now. If history repeats, ETH could be gearing up for one of its biggest runs yet,” the analyst concluded.
Across Protocol, one of the largest cross-chain bridge platforms in crypto, confirmed on July 17 that its Solana bridge deployment was hit by an attack. The good news: user funds appear untouched. The less good news: it’s another reminder that bridges remain crypto’s favorite punching bag for exploiters.
The incident was detected at approximately 5:30 AM UTC, and the team moved quickly to disable Solana deposits as a precautionary measure. All transactions completed before the attack were secured, and the protocol continues to function normally on other supported chains like Ethereum and Base.
What happened and who’s exposed Here’s the thing about this attack: the potential losses appear limited to a very specific bucket. Only funds associated with the relayer operated by Risk Labs, the foundation that supports Across Protocol, are considered at risk. That’s an important distinction. In the world of bridge exploits, where users often wake up to find their deposits evaporated, this outcome is about as contained as it gets.
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Across uses what’s called an intent-based architecture. Think of it like placing an order at a restaurant: you state what you want (move tokens from Chain A to Chain B), and a relayer fills that order using their own capital, getting reimbursed later. The relayer takes on the risk, not the user. In this case, Risk Labs was operating that relayer on the Solana side, which is why their funds, not users’ funds, are the ones in the crosshairs.
The protocol employs an optimistic verification model powered by the UMA oracle. Transactions are assumed valid unless someone challenges them within a dispute window.
Across has stated that a full post-mortem analysis will be published in the coming days. The team is also working with SEAL_911, a well-known crypto security response group, to monitor addresses linked to the attack.
A $35 billion track record, now with an asterisk Before this incident, Across Protocol had processed over $35 billion in transaction volume without a single exploit. Its intent-based model was specifically designed to reduce the attack surface by keeping user funds out of vulnerable smart contract pools. That design philosophy appears to have held up here: users weren’t exposed.
What this means for investors If you had funds moving through Across’s Solana bridge, they appear safe. If you’re planning to bridge assets to or from Solana via Across, you’ll need to wait. Deposits on that chain are disabled until further notice.
The bigger question is what the post-mortem reveals. Was this a smart contract vulnerability specific to the Solana deployment? A relayer configuration issue? Something in how the UMA oracle interacted with Solana’s architecture? The answer matters, because it determines whether this was a one-off implementation bug or something that could theoretically affect other chains in the Across ecosystem.
Traders and liquidity providers who interact with Across on other chains should monitor the post-mortem closely. If the vulnerability turns out to be Solana-specific, operations on Ethereum, Base, and other supported networks should remain unaffected. But if the root cause touches shared infrastructure, the calculus changes fast.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Bitcoin slipped nearly 2% in the past 24 hours to trade at the $63,000 mark on Friday as geopolitical tensions weighed on crypto markets. The cryptocurrency was trading at the $62,907 mark.
Ethereum fell 3.98% in the past 24 hours to trade at the $1,828 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, and Cardano corrected up to 11.31%.
Vikram Subburaj, CEO of Giottus, said softer U.S. price data reduced expectations of an immediate Federal Reserve rate increase. However, renewed U.S.-Iran hostilities, higher oil prices, and weaker risk appetite limited demand for cryptocurrencies.
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US spot Bitcoin ETF demand remains volatile. Funds recorded a $424.7 million outflow on July 13, followed by inflows of $181.1 million on July 14 and $107.7 million on July 15. July 16 showed a preliminary $45.7 million inflow, Subburaj further said.
The global crypto market capitalisation edged down 1.67% to $2.18 trillion, according to CoinMarketCap. After witnessing billions in outflows in May and June, Bitcoin ETF flows dump green with nearly $289M inflows. On the other hand, whales continue to accumulate ETH, said CoinDCX Research Team.
In the past week, Bitcoin was down 1.62% and Ethereum was up 3.15%. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, and Cardano fell upto 13.83%.
Riya Sehgal, Research Analyst, Delta Exchange said Bitcoin’s rejection from $65,200–$65,500 and decline towards $63,500 signals weakening momentum; below $63,000, the next support lies around $62,300–$61,800. Ethereum has corrected from the $1,910–$1,940 supply zone but remains structurally constructive above $1,790–$1,835.
Market perspective
Nischal Shetty, founder, WazirX: The crypto market remained resilient despite heightened regulatory uncertainty in the U.S. Bitcoin traded near $63,352, while Ethereum held around $1,844, reflecting cautious sentiment after a strong weekly recovery.
Akshat Siddhant, Lead quant analyst, Mudex: Bitcoin pulled back to the $63,500 levels from its three-week high, as a broader sell-off in technology stocks weighed on risk assets, including cryptocurrencies. Despite the decline, on-chain data from Glassnode suggests selling pressure may be easing, with realized losses among long-term holders having peaked and now beginning to decline, a sign that the worst phase of capitulation could be over.
Also Read | Planning retirement & child's education through mutual funds? Expert explains SWP, taxation, portfolio rebalancing
CoinSwitch Markets Desk: BTC remained range-bound between $64K and $65K as on-chain indicators pointed to a gradual reduction in selling from investors who bought near the market peak. Geopolitical uncertainty continues to restrain risk appetite.
Avinash Shekhar, Co-Founder & CEO, Pi42: Bitcoin is currently trading around $63,600, continuing to hold above an important support zone despite short term fluctuations. Renewed ETF inflows and improving institutional participation indicate that long term conviction remains intact, while the market is increasingly responding to structural demand rather than speculative momentum.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic 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.
Cardano founder Charles Hoskinson has reassured the community that a major announcement involving Midnight is still on the way.
His comments came after rumors emerged that the highly anticipated Japanese partnership he teased in June had collapsed following a partnership between Japanese financial giant SBI Group and the Solana Foundation.
SBI-Solana Partnership Sparks Speculation As previously reported, SBI Group partnered with the Solana Foundation as part of efforts to position Japan as a leading hub for institutional on-chain finance in Asia. Consequently, some Cardano community members questioned whether SBI was the same company Hoskinson had referenced several weeks earlier.
One community member suggested that the newly announced SBI–Solana partnership could have been the deal Hoskinson had previously hinted at, arguing that the agreement may have fallen through before SBI ultimately chose Solana.
The speculation quickly gained traction because Hoskinson had earlier revealed that Midnight was close to securing a significant partnership in Japan.
Hoskinson Separates SBI Partnership From Midnight Deal However, Hoskinson swiftly dismissed the rumors and made it clear that the SBI–Solana partnership is unrelated to Midnight.
According to the Cardano founder, the SBI collaboration had “nothing to do” with the agreement he has been discussing. He also stressed that the anticipated announcement is “still pending,” indicating that the rollout remains ongoing rather than being canceled.
Notably, his clarification reassures the Cardano community that the previously teased Japanese initiative has neither been replaced nor abandoned.
This had nothing to do with that deal. ANN still pending
— Charles Hoskinson (@IOHK_Charles) July 14, 2026
Initial Midnight Teaser Hoskinson’s latest remarks refer back to comments he made in June, when he revealed that Midnight secured a significant partnership with a major Japanese company.
At the time, he admitted he was surprised that Cardano had managed to attract such a prominent partner. Although he declined to identify the company, he disclosed that the initiative revolves around NIGHT liquidity in Japan.
Following his latest clarification, the Cardano community continues to await the long-promised announcement.
Why the Midnight Partnership Matters Midnight remains one of the most significant technological developments within the Cardano ecosystem. Designed as a complementary privacy-focused blockchain, it enables organizations to process sensitive financial, enterprise, and regulatory data while preserving the security and transparency of Cardano’s public ledger.
Since its launch, Midnight has already attracted several high-profile partners, including Google and Telegram-related AlphaTON Capital. Consequently, a successful partnership with a major Japanese company could further strengthen Midnight’s institutional credibility and expand its presence in one of Asia’s most important financial markets.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
The "Big Short" Michael Burry: Now an excellent time to bottom-fish Hong Kong stocks
The Big Short protagonist Michael Burry said today that with the appeal of South Korean and Japanese markets and the SOXX semiconductor sector waning, now is an ideal time to turn to the Hong Kong market to seek undervalued stocks. He believes some low-valued Hong Kong stocks are poised to perform well once capital flows shift away from South Korea, Japan and the semiconductor sector.
15 minutes ago
US stock futures fall, with intensified selling pressure on semiconductor stocks driving investors to shift to other sectors.
U.S. stock index futures fell, with selling pressure on semiconductor stocks intensifying, prompting investors to seek investment opportunities in other market segments. Nasdaq 100 futures dropped more than 2%, while S&P 500 futures fell over 1%. Nvidia (NVDA.O) led losses among the "Magnificent Seven" in pre-market trading, and the Philadelphia Semiconductor Index is nearing a bear market and set to extend Thursday’s declines. However, even though the S&P 500 closed 0.5% lower on Thursday, 369 of its constituent stocks advanced and 132 declined, indicating the market’s overall breadth remains healthy. Barclays strategist Venu Krishna stated, "Enthusiasm for AI capital expenditure is starting to cool, but the semiconductor sector still significantly outperforms the broader market in stock price performance, while software stocks continue to lag. This shows recent market rotation is gradual rather than decisive." (Jinshi)
15 minutes ago
OKX.AI Genesis Hackathon Extended to July 28
Official announcement: The OKX.AI Genesis Hackathon has seen rising developer enthusiasm since its launch. To give builders more time to refine and deploy Agent Service Providers (ASP), the submission deadline has been extended to July 28 at 7:59 (UTC+8). Participants can continue to submit their works via the OKX.AI official website and post project introductions on X. OKX.AI is an economic system built specifically for Agents. The Genesis Hackathon features a total prize pool of $100,000, aiming to encourage developers to build ASP that solve real-world needs and drive the implementation of the Agent economy.
15 minutes ago
Binance to list SPCXUSD1 perpetual contract
According to an official announcement, Binance will launch the SPCXUSD1 perpetual contract at 17:00 (GMT+8) on July 20, 2026, with a maximum leverage of 25x.
15 minutes ago
Nasdaq 100 Index futures decline widened to 2%
According to market data from BIT (bit.com), Nasdaq 100 index futures extended their decline to 2%, and S&P 500 index futures fell 1%. (Jinshi Data)
15 minutes ago
A crypto whale has accumulated another 20,000 HYPE tokens, bringing its total HYPE holdings to 220,000 since June 11.
According to on-chain analyst Ai Yi (Twitter handle @ai_9684xtpa), the whale/entity with wallet address 0x008…E295f — which had accumulated a total of 200,000 HYPE tokens in June — has withdrawn 20,000 HYPE tokens from an exchange again after a 4-week interval, worth roughly $1.18 million. Since June 11, this address has withdrawn a total of 220,000 HYPE tokens from exchanges, totaling around $14.85 million, at an average withdrawal price of $67.51, and currently holds an unrealized loss of approximately $1.945 million.
Solana Foundation and Google Cloud are teaming up for a hackathon in Korea focused on building AI agents that can make autonomous payments. The collaboration sits at the intersection of AI and stablecoins, backed by enterprise infrastructure from both organizations.
The event builds on an increasingly tight relationship between the two organizations, one that recently produced Pay.sh, an API proxy designed to let AI agents autonomously pay for Google Cloud services using stablecoin micropayments on the Solana blockchain.
What Pay.sh actually does Pay.sh sits between AI agents and Google Cloud’s suite of services, including Gemini, BigQuery, and Cloud Run, letting those agents discover, authenticate, and transact for API access without a human ever stepping in.
In English: an AI agent needs to run a query on BigQuery. Instead of requiring someone to log in, enter a credit card, and approve the charge, Pay.sh lets the agent pay for exactly what it uses with USDC on Solana. Pay as you go, no human middleman required.
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The system leverages Solana’s high throughput and low transaction costs, which makes micropayments economically viable in a way they simply aren’t on slower, more expensive chains. A fraction-of-a-cent payment for a single API call doesn’t work if the transaction fee costs more than the service itself.
The hackathon ecosystem The Korean hackathon carries the theme “Build the Future of Agentic Commerce,” and it’s part of a broader push by both organizations to seed developer interest in autonomous agent infrastructure.
It’s not the first time Solana has targeted Korea specifically. In April 2025, Solana Super Team Korea collaborated with Google Cloud for the Seoul Lana Hackathon, establishing a regional footprint that this latest event builds upon.
Running in parallel is the Solana X402 Hackathon, a remote event scheduled from October 28 to November 11, 2025, with a prize pool of $135,000. Participants can earn up to $20,000 per track for projects that support x402 integrations, which is the payment protocol underpinning how agents discover and pay for services autonomously.
Previous Solana hackathons have featured tracks for DeFi agents and token tooling, with total prizes exceeding $250,000 across events.
Why this matters for the stablecoin economy The real story isn’t the hackathon itself. It’s what the hackathon is designed to produce: a developer ecosystem around machine-to-machine stablecoin payments.
If AI agents start autonomously consuming cloud services and paying in USDC on Solana, that’s a new source of persistent, programmatic stablecoin velocity. Not speculative trading volume, not one-off remittances, but ongoing commercial activity baked into software architectures.
Solana is positioning itself as the default settlement layer for this economy. Sub-second finality and transaction costs measured in fractions of a penny make it practical for the kind of micropayments that agent commerce requires.
The Google Cloud partnership adds enterprise legitimacy. When a company that controls roughly a third of the global cloud infrastructure market co-signs your payment protocol, it sends a signal to CTOs and procurement teams that this isn’t a science experiment.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana (SOL) continues to show signs of bullish momentum, with technical analysts closely monitoring a potential breakout above an important resistance zone. The blockchain’s growing prominence in the tokenized real-world asset (RWA) sector is also fueling optimism over its long-term ecosystem development.
Technical analysis and key levelsAt the time of reporting, SOL is valued at $76.05 with a 24-hour trading volume of $2.12 billion and a market capitalization of $44.3 billion. While the token registered a 1.85% decline in the past day, several market observers highlight that its technical structure remains positive, pointing toward possible reversal signals if key levels are surpassed.
Crypto analyst ANBESSA emphasized that SOL is consolidating above the 0.618 Fibonacci retracement level, a zone often regarded as a crucial area for buyers to defend and potentially launch a new upward move.
Analysts describe the recent price movement as healthy consolidation following earlier gains, suggesting that the technical outlook stays constructive as the market awaits its next decisive move.
Traders are keeping a close eye on resistance between $84 and $86. A breakout and close above this range could confirm a higher high pattern, boosting market sentiment and potentially attracting new buyers.
A successful conversion of resistance into support at these levels would likely add strength to the bullish case, as new market participants might be drawn to the token’s recovery story.
MetricCurrent ValuePrice$76.0524h Trading Volume$2.12 billionMarket Capitalization$44.3 billionKey Resistance$84−$86Recent Change (24h)-1.85%Solana’s position in real-world asset tokenizationRecent data show that Solana has become a leading blockchain platform for RWA tokenization, with notable expansion in on-chain financial products and rising investor activity. This development comes as part of a broader industry trend toward integrating real-world assets into blockchain infrastructure, a movement that offers new opportunities for institutional and retail users.
Network supporters point to the wide range of tokenized physical assets available on Solana as a key factor in its growing appeal. As more asset types and users join the ecosystem, the competitive advantage of the Solana platform is expected to strengthen, encouraging increased participation.
The trend toward broader adoption supports the narrative of long-term ecosystem growth for Solana beyond short-term price fluctuations.
Mini dictionary: Real-world asset (RWA) tokenization refers to the process of representing physical or traditional financial assets, such as real estate, commodities, or bonds, as blockchain-based digital tokens, allowing these assets to be traded and managed more efficiently.
Near-term price outlookDespite the positive sentiment around Solana and its role in the growing RWA sector, SOL’s price remains subject to broader market conditions. The token continues to move on a downward trajectory in the short term, influenced in part by Bitcoin’s sideways trading activity.
Market participants regard the coming period as crucial for Solana. If SOL breaks above the $84 to $86 resistance zone and sustains those gains, it could provide renewed upside momentum. Conversely, failure to do so may result in further consolidation.
Continued growth in real-world asset activity and ongoing market interest may support future price advances, but if resistance holds firm, traders are likely to see an extended consolidation phase.
The next move for Solana will likely be determined by both technical factors and investor response to its expanding role in tokenizing real-world 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.
Crypto influencer Ansem, known online as @blknoiz06 and widely called "The Solana Guy," argues that the memecoin market has a structural flaw that $ANSEM is designed to address: tokens are good at pulling in retail traders but terrible at keeping them.
The pattern is familiar. A token launches, social momentum spikes, and liquidity rotates to the next opportunity before any community takes root. Ansem says the ANSEM token, nicknamed The Black Bull, is built around a different model.
Creator Fees as Community IncentiveAnsem has framed the initiative as a redistribution of his Pump.fun creator fees rather than a traditional token launch, with those fees funding ongoing airdrops to holders. Creator fee income is estimated to distribute roughly $200,000 in weekly rewards, with cumulative earnings reportedly reaching around $378,210 since the project launched in late June 2026.
The plan goes further than airdrops alone. Ansem will add SOL to the liquidity pool from ANSEM creator fees to absorb early selling pressure, with SOL airdrops targeting active community members and ANSEM airdrops tied to market cap growth. Long-term holders and content creators will also be rewarded, and Ansem plans to publicly disclose his team wallet to ensure transparency. He says the model draws inspiration from both $BONK and Hyperliquid $HYPE, two projects that built lasting communities through broad token distribution and aligned incentives.
Reach, Risk, and ConcentrationAnsem says the token gives his more than one million followers a way to participate in his long-term growth while helping protocols onboard users. He has airdropped roughly $7 million worth of tokens to more than 700 wallets and has set a target of growing the holder base from around 25,000 wallets to 1 million.
The model has attracted genuine interest but also pointed questions. The token has no product, revenue, or roadmap, and its value rests almost entirely on the attention of the influencer whose name it carries. Ansem controls about 60% of the total supply, meaning one entity holds the theoretical ability to move the price sharply at any time. Analysts have also flagged that multiple tokens share the ANSEM name on Solana, increasing the risk of buyers interacting with the wrong contract.
Whether the token proves to be a durable experiment or follows the familiar arc of influencer coins will depend largely on whether the creator-fee mechanic sustains participation after the initial excitement fades. That is precisely the problem Ansem says he is trying to solve.
This article is for informational purposes only and does not constitute investment advice.
Sources
The Defiant: Ansem Airdrops $7M of ANSEM Memecoin in Bid to Reach 1M Holders
CoinDCX: ANSEM Price Surges as Creator Fee Airdrop Sparks Solana Meme Coin Rally
KuCoin: Ansem Updates ANSEM Meme Coin Promotion Plan
Key Highlights Real-world asset inflows on Solana exceeded $900 million in the last 30 days, outpacing competing blockchain platforms Crypto analyst Ali Martinez identified SOL’s first SuperTrend buy indicator since mid-October, targeting $96 and $121 as critical upside levels Robinhood Chain’s entry into tokenized assets creates distinction from Solana’s comprehensive ecosystem approach, according to market observers SOL faces pressure at the $78 threshold while experiencing $700K in ETF withdrawals during the current week Blockchain metrics indicate accelerating wallet activity, with the 30-day moving average for daily addresses surpassing the 50-day average Solana has captured over $900 million in net real-world asset (RWA) capital during the most recent 30-day window, based on statistics from RWA.xyz. This performance positions SOL at the forefront among major blockchain platforms throughout this timeframe.
🚨SOLANA DOMINATES RWA INFLOWS, OVER $900M IN 30 DAYS!
Solana has seen over $900 million in net RWA inflows in the past 30 days, outpacing nearly every other chain combined, according to on-chain analytics from https://t.co/YYu1rOWLXm.
This underscores Solana’s strong momentum… pic.twitter.com/EBGTRLQs55
— Crypto Banter (@crypto_banter) July 16, 2026
Crypto Banter brought attention to these numbers, emphasizing robust appetite for tokenized real-world assets within the Solana ecosystem. The tokenization of traditional assets represents one of cryptocurrency’s most rapidly expanding sectors at present.
The Solana network currently maintains over $3 billion in real-world assets and has facilitated more than $10 billion in tokenized equity trading volume. Its infrastructure enables decentralized financial services, stablecoin transactions, payment systems, and consumer-facing applications within a single Layer 1 architecture.
Solana (SOL) Price Market analyst CryptosBatman offered his perspective on SOL’s chart behavior via X, stating the asset “is looking very solid here.” He highlighted that the price level has successfully retested former resistance cleanly while breaking through a bullish falling wedge formation, concluding it “should continue higher from here.”
$SOL is looking very solid here.
Not only has price retested its previous resistance cleanly, but it has also broken out of a bullish falling wedge pattern.
Should continue higher from here. pic.twitter.com/ajP6O2DSdS
— BATMAN ⚡ (@CryptosBatman) July 16, 2026
Robinhood’s Blockchain Launch Creates Market Discussion Robinhood unveiled Robinhood Chain recently, a blockchain platform dedicated to tokenized equities and financial instruments. This development triggered conversations regarding potential competition with Solana.
According to Solana Daily, these platforms serve different purposes rather than directly competing. Robinhood’s advantage lies in its extensive retail investor network, whereas Solana offers a comprehensive public blockchain infrastructure featuring substantial on-chain liquidity and a vibrant developer ecosystem.
Technical Barriers Emerge at $78 for SOL Despite positive RWA momentum, SOL continues struggling against the $78 price barrier. The digital asset has declined approximately 2% over the previous 24-hour period, while trading volume decreased from $4 billion on July 2 to roughly $2 billion currently.
Solana ETF activity has shifted negative during the present week, recording $700,000 in outflows. This reverses the previous week’s inflows exceeding $1.1 million.
Analyst Ali Martinez observed that the ATR trailing stop indicator has positioned itself beneath current market pricing — marking SOL’s initial SuperTrend buy indication since October 10. He identified $96 as the subsequent resistance target, with $121 following if momentum persists.
SOLANA TURNED BULLISH
The ATR trailing stop has flipped below price, marking the first SuperTrend buy signal since October 10.
If buying pressure continues to build, $SOL could rally toward $96 or even $121. However, $60 remains the key level to watch.
A break below that… https://t.co/Femtlawn2r pic.twitter.com/pJSFngWZiN
— Ali Charts (@alicharts) July 15, 2026
Blockchain analytics from Santiment reveal the 30-day moving average for active daily addresses has crossed upward through the 50-day MA. The expanding distance between these indicators suggests wallet activation is accelerating.
A crucial trend line support level exists at $74. Should this threshold fail, market watchers anticipate a possible decline toward $64. Conversely, breaking above $78 resistance could unlock movement toward $90.
Key Highlights TKNZ represents T. Rowe Price’s inaugural actively managed spot cryptocurrency ETF, now trading on NYSE Arca Initial assets total approximately $15 million, distributed across Bitcoin, Ethereum, BNB, Solana, XRP, and Hyperliquid Portfolio composition features Bitcoin as the largest holding at 40.75%, while Hyperliquid comprises 6.45% Expense ratio stands at 0.75% until May 2027, subsequently increasing to 0.90% Active management strategy allows portfolio adjustments based on ongoing market analysis and research insights Baltimore-headquartered investment powerhouse T. Rowe Price, which manages $1.9 trillion in client portfolios, made its official debut in the cryptocurrency exchange-traded fund space Thursday by introducing TKNZ — positioned as the market’s inaugural actively managed multi-asset digital currency ETF.
🚨JUST IN: T. Rowe Price’s TKNZ Active Crypto ETF began trading TODAY with about $15 million in assets.
The fund debuted with about 41% allocated to BTC, 18.4% to ETH, and sizeable positions in BNB, SOL, and XRP.
Hyperliquid’s HYPE accounted for nearly 6.5% of the portfolio. https://t.co/zTh1kq8ATD pic.twitter.com/YNcMtRQbD1
— Coin Bureau (@coinbureau) July 16, 2026
Trading commenced on NYSE Arca following a nearly nine-month approval process after the company submitted its initial application in October 2025. The fund opened with roughly $15 million in starting capital.
Distinct from single-asset offerings such as standalone Bitcoin or Ethereum ETFs, TKNZ provides exposure through a diversified cryptocurrency portfolio. The initial allocation breakdown showed Bitcoin commanding 40.75%, Ethereum at 18.42%, BNB representing 11.01%, Solana accounting for 9.44%, XRP at 9.37%, and Hyperliquid comprising 6.45%.
Additional holdings feature Stellar Lumen at 3%, Dogecoin at 1.28%, along with a modest cash reserve.
Dynamic Portfolio Management Defines Strategy TKNZ’s distinguishing characteristic lies in its active management framework. Fund managers possess the flexibility to rebalance holdings according to evolving market dynamics, proprietary analysis, and risk evaluation rather than adhering to a predetermined index structure.
According to T. Rowe Price, this methodology aims to capitalize on shifting momentum patterns as capital flows between various digital assets throughout market cycles.
Blue Macellari, who has directed T. Rowe Price’s digital asset division since 2022, manages the fund with support from four additional co-portfolio managers. The organization developed proprietary digital asset trading systems and established partnerships with institutional service providers ahead of the product launch.
Bloomberg Intelligence Senior ETF analyst Eric Balchunas observed that the opening portfolio composition appeared to underweight Bitcoin while maintaining heavier positions in alternative assets, especially Hyperliquid.
Hyperliquid Allocation Generates Market Interest The 6.45% allocation to Hyperliquid has captured attention considering the token’s recent market trajectory. Hyperliquid reached a peak price around $74.50 in the previous month and presently trades near $65.60, representing approximately 38% appreciation over the trailing twelve months. Bitcoin, conversely, has declined roughly 45% during the identical timeframe.
According to fund documentation, the ETF will not implement staking for any proof-of-stake assets initially, though staking participation may be incorporated down the line.
The expense structure is set at 0.75% through May 2027 via a provisional fee waiver, before escalating to 0.90%. Detractors of actively managed investment vehicles typically cite elevated fees as a disadvantage relative to passive index alternatives.
T. Rowe Price’s entrance follows BlackRock’s recent introduction of a Bitcoin income ETF earlier this month, demonstrating that major asset management firms continue diversifying and refining their cryptocurrency product portfolios.
With nearly 90 years of asset management history, TKNZ represents T. Rowe Price’s maiden direct exposure vehicle in the digital currency sector.
Key Takeaways Over the last 30 days, Solana has attracted more than $900 million in net real-world asset inflows, surpassing major competing networks Crypto analyst Ali Martinez identified SOL’s first SuperTrend buy indicator since October 10, targeting $96 and $121 as critical upside levels Robinhood Chain’s launch into tokenized assets presents a different value proposition compared to Solana’s comprehensive ecosystem approach SOL faces selling pressure at the $78 threshold, while ETF products recorded $700K in net outflows this week Network activity metrics reveal the 30-day moving average for active addresses has surged past the 50-day MA According to RWA.xyz tracking data, Solana has absorbed over $900 million in net capital directed toward real-world assets throughout the previous month. This performance positions the network at the forefront among major blockchain platforms during this timeframe.
🚨SOLANA DOMINATES RWA INFLOWS, OVER $900M IN 30 DAYS!
Solana has seen over $900 million in net RWA inflows in the past 30 days, outpacing nearly every other chain combined, according to on-chain analytics from https://t.co/YYu1rOWLXm.
This underscores Solana’s strong momentum… pic.twitter.com/EBGTRLQs55
— Crypto Banter (@crypto_banter) July 16, 2026
Crypto Banter brought attention to these statistics, emphasizing robust appetite for tokenized real-world assets within Solana’s infrastructure. The tokenization of traditional assets represents one of crypto’s most rapidly expanding sectors currently.
With a total RWA footprint exceeding $3 billion and cumulative tokenized equity trading volume surpassing $10 billion, Solana delivers integrated support for DeFi protocols, stablecoin infrastructure, payment systems, and consumer-facing applications through a unified Layer 1 architecture.
Solana (SOL) Price Market commentator CryptosBatman offered his technical perspective on SOL via X, characterizing the asset as “looking very solid here.” His analysis highlighted a clean retest of former resistance alongside a breakout from a bullish falling wedge formation, concluding the token “should continue higher from here.”
$SOL is looking very solid here.
Not only has price retested its previous resistance cleanly, but it has also broken out of a bullish falling wedge pattern.
Should continue higher from here. pic.twitter.com/ajP6O2DSdS
— BATMAN ⚡ (@CryptosBatman) July 16, 2026
Robinhood Chain Makes Its Debut Robinhood’s recent introduction of Robinhood Chain—a blockchain infrastructure designed for tokenized equities and financial instruments—has generated discussion around potential competitive dynamics with Solana.
Solana Daily clarified that these platforms occupy distinct market positions. Robinhood’s competitive advantage lies in its extensive retail investor network, whereas Solana offers a comprehensive public blockchain environment featuring substantial on-chain liquidity pools and a vibrant developer ecosystem.
Price Action Stalls Below $78 Barrier Notwithstanding the positive RWA momentum, SOL continues encountering resistance near the $78 price point. The digital asset has declined approximately 2% over the previous 24-hour period, while daily trading activity has contracted from $4 billion on July 2 to roughly $2 billion presently.
Solana exchange-traded fund flows have reversed to negative territory during the current week, registering $700,000 in outflows. This contrasts with inflows exceeding $1.1 million during the preceding week.
Technical analyst Ali Martinez observed that the ATR trailing stop indicator has shifted below current market pricing—marking SOL’s initial SuperTrend buy configuration since October 10. His outlook identifies $96 as the immediate resistance barrier, with $121 representing the subsequent target should momentum persist.
SOLANA TURNED BULLISH
The ATR trailing stop has flipped below price, marking the first SuperTrend buy signal since October 10.
If buying pressure continues to build, $SOL could rally toward $96 or even $121. However, $60 remains the key level to watch.
A break below that… https://t.co/Femtlawn2r pic.twitter.com/pJSFngWZiN
— Ali Charts (@alicharts) July 15, 2026
Blockchain analytics from Santiment reveal the 30-day moving average tracking daily active wallet addresses has intersected above the 50-day MA. The expanding divergence between these indicators implies accelerating wallet activation rates across the network.
A critical support trendline exists at $74. A breach of this level would potentially expose SOL to a decline toward $64. Conversely, sustained movement above $78 resistance could establish a pathway toward the $90 zone.
Solana has recorded more than $900 million in net inflows related to real world asset (RWA) tokenization over the last 30 days, according to data from RWA.xyz. This development positions Solana as the leading blockchain for RWA capital during this period, outpacing other major networks.
Surging RWA momentum on SolanaThird-party monitoring platforms have highlighted strong investor appetite for tokenized versions of traditional assets on Solana’s infrastructure. The sector has seen rapid expansion as blockchain adoption widens among institutional investors seeking exposure to real world assets via on-chain mechanisms.
Solana currently holds an RWA footprint that exceeds $3 billion, with total tokenized equity trading volumes surpassing $10 billion. The blockchain offers combined support for decentralized finance (DeFi) applications, stablecoin systems, payments, and consumer-focused services through a unified Layer 1 protocol.
Market observers note that this integrated ecosystem delivers both liquidity and technical capability, attracting capital flows away from competing chains with more limited RWA infrastructure.
NetworkNet RWA Inflows (30 days)Total RWA FootprintSolana$900 million$3 billionOther major blockchainsBelow $900 million (combined)VariesMini dictionary: Real world asset (RWA) tokenization refers to the representation of tangible assets such as real estate, commodities, or stocks on a blockchain as digital tokens. This enables more accessible trading and integration with decentralized finance markets.
Solana achieved $900 million in net RWA inflows within a month, marking strong momentum as tokenized assets see broad adoption by both institutional and retail investors.
Analysts highlight bullish technical patterns for SOLCrypto analyst Ali Martinez reported the appearance of the first SuperTrend buy signal for Solana since October 10, suggesting renewed buying interest. Martinez identified $96 as a key resistance level, while also setting $121 as a potential higher target if momentum continues.
Technical outlook from independent analysts highlights a bullish shift, with Solana breaking out of a falling wedge pattern and retesting key support levels, increasing the likelihood of price appreciation in the near term.
Another market commentator, CryptosBatman, described Solana’s technical positioning as “very solid,” emphasizing that SOL has retested its previous resistance and moved above a bullish falling wedge formation. However, price action has been cautious, with the digital asset facing selling pressure around the $78 threshold.
Robinhood Chain enters the competitionThis week, Robinhood launched its own blockchain, Robinhood Chain, focused on tokenized equities and financial products. While some community members have drawn comparisons to Solana, analysts point out that the two networks target different segments of the market.
Robinhood Chain leverages the brokerage’s extensive retail investor user base and is designed for private asset tokenization. In contrast, Solana maintains a public blockchain environment with significant on-chain liquidity and a broad developer community.
Mini dictionary: Robinhood is a financial technology company known for offering commission-free trading for stocks, cryptocurrencies, and other assets, mainly catering to retail investors. Robinhood Chain is its newly launched blockchain focused on digital assets and tokenized securities.
SOL price action and network activitySolana’s price has stalled near $78, dipping by 2% over the last 24 hours. Daily trading volume has also contracted, falling from $4 billion at the start of the month to approximately $2 billion. Exchange-traded fund (ETF) products tied to SOL registered $700,000 in net outflows this week, contrasting with $1.1 million in inflows the previous week.
MetricCurrent ValuePrevious ValuePrice resistance$78—Daily trading volume$2 billion$4 billion (July 2)SOL ETF net flows (this week)$700,000 outflow$1.1 million inflow (last week)On-chain data from Santiment shows that the 30-day moving average of daily active wallets has moved above the 50-day average, hinting at intensifying user engagement on the network. Analysts view this as a sign of accelerating adoption and growing activity among holders.
A critical trendline offers support at $74, while any breach could expose SOL to further drops toward $64. If buyers manage a sustained breakout above $78, there is potential for upward movement into the $90 price zone.
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.
