Key Highlights E*TRADE now offers direct cryptocurrency trading to qualified customers for Bitcoin, Ethereum, and Solana Each transaction incurs a 50 basis point charge, processed via connected Zero Hash accounts The service expansion comes after a trial phase that started in May 2026 Digital asset holdings lack FDIC or SIPC insurance coverage Morgan Stanley continues advancing its Ether and Solana ETF applications Morgan Stanley’s E*TRADE platform has successfully launched spot cryptocurrency trading capabilities for qualified retail customers. The brokerage now enables users to purchase, sell, and store Bitcoin, Ethereum, and Solana through its interface.
JUST IN: Morgan Stanley completes crypto spot trading rollout on E*Trade
All 8.6 million clients can now buy, sell, and hold Bitcoin, Ethereum, and Solana at 50 basis points in partnership with zerohash, per Morgan Stanley. pic.twitter.com/46UBQba0jA
— Coin Bureau (@coinbureau) July 16, 2026
The offering operates via a collaboration with Zero Hash, a digital asset infrastructure company. Customer crypto holdings reside in connected Zero Hash accounts, maintaining separation from their conventional brokerage portfolios.
E*TRADE applies a 50 basis point transaction fee for each crypto trade. The platform currently serves 8.6 million household accounts and managed approximately $1.56 trillion in customer assets as of March 31, 2026.
Customers can monitor both their cryptocurrency positions and traditional investment portfolios within a unified platform interface. Withdrawal and deposit features, enabling customers to transfer digital assets to and from the platform, are scheduled for release later this year.
The cryptocurrency accounts operate without FDIC or SIPC insurance protections. Morgan Stanley explicitly highlighted this limitation in its official statement.
The platform-wide launch follows a testing period initiated in May 2026, during which the company evaluated the service with a select customer group. All qualifying E*TRADE customers now have access to the feature.
E*TRADE additionally announced that crypto operations are planned to transition to Morgan Stanley Digital Trust, its national trust banking entity currently undergoing establishment procedures with the Office of the Comptroller of the Currency.
Morgan Stanley’s Comprehensive Cryptocurrency Strategy This platform addition represents one component of Morgan Stanley’s expansive digital asset initiative. Earlier in the year, the financial institution introduced a spot Bitcoin ETF featuring a 0.14% management fee, establishing it as the most cost-effective Bitcoin ETF available in the US market upon release.
The Bitcoin ETF commenced trading on NYSE Arca, marking the inaugural spot Bitcoin ETF from a leading US commercial banking institution. The fund captured over $100 million in net capital inflows during its initial six trading sessions. Current data from SoSoValue indicates the fund has accumulated roughly $385 million in total net inflows.
In April, Morgan Stanley introduced a stablecoin reserve product. This service permits stablecoin providers to maintain their backing assets in one of the firm’s money market fund vehicles while generating yield.
During June, Morgan Stanley updated its regulatory filings for proposed spot Ether and Solana ETFs, establishing management fees at 0.14%. The banking institution initially submitted applications to list these investment products in January 2026.
The company has applied for a cryptocurrency-focused national trust bank charter through the OCC, joining other industry applicants such as Ripple, Crypto.com, and Coinbase. Circle, which issues USDC, recently secured OCC authorization to establish its own national crypto banking institution.
Morgan Stanley has also implemented non-cryptocurrency enhancements to ETRADE, incorporating fractional share trading capabilities, an upgraded retirement planning interface, and additional functionality for its Power ETRADE Pro desktop trading platform.
The integration of retail spot trading access, ETF investment vehicles, and stablecoin reserve services represents one of the most comprehensive cryptocurrency infrastructure developments from a major US banking institution to date.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Solana has reached a new milestone, becoming the leading blockchain network for real-world asset holders. The network recorded over 300,000 active users in early July, setting an all-time high for engagement with tokenized assets.
Net inflows surge, outpacing other blockchainsOn-chain analytics firm rwa.xyz reported that Solana saw net inflows exceeding $900 million in the thirty days leading up to July 3, 2026. This figure places Solana significantly ahead of competing blockchain platforms in attracting capital for tokenized real-world assets.
The data suggests that asset managers are increasingly opting for public blockchain networks, with Solana cementing its position as the preferred choice for institutions moving tokenized funds to on-chain platforms.
Blockchain30-day Net InflowActive UsersSolana$900 million300,000+Other leading blockchainsBelow $900 millionLess than 300,000Institutional adoption driven by speed and efficiencyAsset managers choosing Solana for real asset tokenization cite low transaction fees and near-instant settlement as key factors. Solana offers an infrastructure that supports high transaction throughput, enabling the network to process large volumes quickly and affordably.
These technical advantages allow both small and large payment operations, such as dividend distributions, to be executed at scale without significant costs. In addition, the streamlined settlement process helps institutions comply with regulatory requirements while keeping operational complexity to a minimum.
Mini dictionary: rwa.xyz is a blockchain analytics platform that tracks data and trends in the real-world asset sector. It provides insights on capital flows, user activity, and protocol adoption for tokenized assets across multiple networks.
Major platforms choose Solana for tokenized fundsWisdomTree, a global asset management firm, has integrated Solana with its tokenization services, including WisdomTree Connect and WisdomTree Prime. Investors and institutions can now mint, hold, and trade the full range of WisdomTree’s tokenized assets—ranging from money market to equity funds—directly on Solana’s blockchain.
Nick Ducoff, Head of Institutional Growth at Solana, stated that this integration signals rising demand for regulated, on-chain real-world assets. He noted that more than $1 billion in tokenized assets now reside on the Solana network.
Growth in regulated, on-chain real-world assets on Solana has pushed total on-chain value above $1 billion.
Byreal exchange and institutional-grade DeFi activity surgeByreal exchange, a decentralized platform built on Solana, marked its first year with more than $3.7 billion in total trading volume and 25.3 million processed transactions. The exchange offers access to over 20 tokenized equities through services such as Backpack, Tether Gold, and xStocksFi.
The platform has emerged as a major liquidity hub for real-world assets, benefiting from the rapid expansion of institutional-grade trading and the adoption of AI-centric decentralized finance infrastructure on the Solana network.
According to DeFi Planet, Solana’s ecosystem for tokenized assets previously reached a $3.4 billion peak in 2026, underlining growing institutional trust and capital movement toward public blockchain networks.
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.
Morgan Stanley on Thursday announced the expansion of E*TRADE’s digital asset offerings with the rollout of spot crypto trading for eligible clients, supporting Bitcoin, Ethereum and Solana through infrastructure provided by Zerohash.
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The launch enables investors to hold and trade cryptocurrencies alongside traditional investments on the E*TRADE platform, with crypto transfers expected to be introduced later this year. The move represents another important step in Morgan Stanley’s strategy to integrate digital assets into its broader wealth management ecosystem.
The company also unveiled several platform enhancements, including new retirement planning tools, expanded fractional share trading, a redesigned IPO Center and upgrades to the Power E*TRADE Pro desktop platform. Morgan Stanley said the updates are designed to meet growing demand for an all-in-one investing platform spanning traditional and digital assets.
This is a developing story.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Morgan Stanley’s E*TRADE platform has launched spot cryptocurrency trading, allowing eligible clients to buy, sell and hold Bitcoin, Ether and Solana through a partnership with crypto infrastructure provider Zero Hash.
Clients can view their crypto holdings alongside stocks and other traditional investments on the E*TRADE platform, while transfer functionality for moving digital assets on and off the platform is expected later this year.
The self-directed channel served 8.6 million households and held about $1.56 trillion in client assets as of March 31, according to Morgan Stanley’s latest financial supplement.
According to Thursday’s announcement, trades carry a 50-basis-point fee, while custody and transaction services are handled through separate Zero Hash accounts that are not covered by FDIC or SIPC protections. Morgan Stanley said it expects to transition the digital asset services to Morgan Stanley Digital Trust, its national trust bank currently in organization.
Morgan Stanley also introduced several non-crypto updates across the customer platform, including fractional share trading, a revamped retirement planning tool and new features for its Power E*TRADE Pro desktop platform.
The rollout follows a pilot launched in May, when the company began testing the service with a limited group of users before expanding access to eligible E*TRADE clients.
Morgan Stanley broadens crypto strategyBeyond retail spot trading, Morgan Stanley has expanded its digital asset business into stablecoin reserve services and crypto exchange-traded funds this year.
In April, the Wall Street giant launched a stablecoin reserve offering that allows issuers to hold the assets backing their tokens in one of the firm’s money market funds while earning interest.
The same month, the company launched its spot Bitcoin ETF with a 0.14% management fee, making it the lowest-cost Bitcoin ETF on the US market at the time. The fund debuted on NYSE Arca as the first spot Bitcoin ETF launched by a major US commercial bank.
During its first six trading days, the ETF attracted more than $100 million in net inflows, surpassing the cumulative inflows of WisdomTree’s spot Bitcoin ETF, which launched in January 2024. At the time of writing, the fund has attracted about $385 million in cumulative net inflows, according to SoSoValue data.
In June, Morgan Stanley amended its proposed spot Ether and Solana ETF filings to set management fees at 0.14% after first applying to list the funds in January.
Top 10 Bitcoin ETFs. Source: SoSoValue
Magazine: Gambling on random Pokémon cards: Onchain gagcha hits record high as crypto sinks
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PANews July 17 news, according to Businesswire, Morgan Stanley's online investment platform E*TRADE announced the launch of cryptocurrency spot trading functionality. Eligible clients can now directly buy, sell, and hold Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) through the E*TRADE platform. It is reported that the current trading fee for crypto spot is priced at 50 basis points (50 bps), and asset transfer functionality is expected to be launched later this year.
Previously, ETRADE has been continuously upgrading its investment service system, including launching retirement planning tools, fractional share trading, IPO center upgrades, and optimization of Power ETRADE Pro features for active traders. E*TRADE head Matt Jones said that investor demands are constantly changing, and users want to be able to complete investing, trading, asset management, and future planning on the same platform, "Whether it's buying a first stock, exploring crypto assets, or participating in IPOs and retirement planning, the platform needs to provide trustworthy services".
@TRowePrice, the $1.8 trillion asset manager, has listed the T. Rowe Price Active Crypto ETF under the ticker $TKNZ on NYSE Arca, marking what the firm describes as the first actively managed multi-token spot crypto ETF to reach the market.
How the Fund Works Unlike passive index-tracking products, $TKNZ can hold between 5 and 15 digital assets from an eligible universe of 15 tokens, with portfolio managers rotating among them based on fundamentals, valuations, and momentum. The eligible universe includes Bitcoin, Ethereum, Binance, XRP, Solana, Hyperliquid, and others.
Blue Macellari leads the ETF alongside four co-portfolio managers, leveraging T. Rowe Price's research-driven active investment strategy. She is joined by Stefan Hubrich (21 years of experience), David Kroger (9 years), Sean McWilliams (17 years), and Dante Pearson (13 years).
The ETF carries a 0.75% management fee, with a fee waiver in place through May 31, 2027. That puts it at a clear premium over passive single-coin Bitcoin funds, though the active mandate is the explicit justification for the higher cost.
Why It Matters It marks the first time a traditional asset manager of T. Rowe Price's scale, a firm that oversees approximately $1.9 trillion in assets predominantly for pension funds, retirement savers, and institutional clients, has received regulatory clearance to offer a regulated crypto product to its distribution network.
The active management structure differentiates $TKNZ from existing passive products, allowing the portfolio team to reduce exposure during downturns and increase it during periods of structural support, a feature that could appeal to institutional risk managers who have flagged volatility as the primary barrier to allocation.
For U.S. retail investors accustomed to accessing markets through mutual funds and ETFs, the product offers a way to gain diversified crypto exposure without opening a dedicated crypto exchange account. Single-coin ETFs opened the door for institutional participation in digital assets. With $TKNZ, the stock pickers are now inside.
Sources:
T. Rowe Price official press release: Active Crypto ETF launch
SEC filing: T. Rowe Price Active Crypto ETF (TKNZ) Form FWP
Crypto Times: T. Rowe Price Debuts Active Crypto ETF TKNZ
Morgan Stanley’s E*TRADE has launched crypto spot trading, the firm announced. Eligible clients can directly buy, sell and hold Bitcoin, Ethereum and Solana via accounts linked to digital asset infrastructure provider Zerohash. Transactions carry a 50 basis point (0.5%) fee. Clients can view both crypto and traditional investment portfolios on the E*TRADE platform, while digital asset transfer functionality is slated to roll out later this year. E*TRADE also simultaneously launched fractional share trading, retirement planning tools and a new IPO hub, and upgraded Power E*TRADE Pro for active traders. Morgan Stanley Wealth Management noted the launch is part of its strategy to expand digital asset services.
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16 July 2026 | 20:23 E*TRADE from Morgan Stanley completed the rollout of spot cryptocurrency trading on July 16, allowing eligible US clients to buy, sell, and hold Bitcoin, Ethereum, and Solana through its website and mobile application.
Key Takeaways E*TRADE has completed the rollout of spot trading for Bitcoin, Ethereum, and Solana. Trades carry a flat 0.50% commission with no additional spread fee or markup from E*TRADE. Crypto is currently held in a separate Zero Hash account and cannot yet be transferred to an external wallet. Solana gains access to a large brokerage audience, but that does not immediately translate into activity on the Solana network. According to the official information from the company, clients do not need to fund a separate crypto balance manually. Cash in the linked brokerage account provides the buying power, with funds moving between the accounts when a trade settles.
Morgan Stanley reported 8.7 million self-directed households as of June 30, 2026. That figure describes the service’s potential distribution network rather than the number of immediate crypto users. Clients must still qualify for and open a separate non-brokerage account provided by Zero Hash.
The Distribution Is More Important Than the Asset List Bitcoin and Ethereum are increasingly standard additions to institutional crypto products. Solana’s inclusion is more notable because E*TRADE launched with only three supported assets, placing SOL beside the two largest cryptocurrencies rather than introducing it through a broader catalogue.
The immediate advantage is reduced friction. An investor who already holds cash or securities at E*TRADE can add direct crypto exposure without opening and funding an account at a dedicated exchange. Crypto positions can also be viewed alongside the rest of the investor’s portfolio.
That convenience could expand demand for all three assets, but the size of E*TRADE’s customer base should not be treated as expected trading volume. Morgan Stanley has not disclosed how many households have opened crypto accounts, how much volume the service has processed, or how activity is divided between BTC, ETH, and SOL.
What the 0.50% Fee Costs Against Rivals According to E*TRADE’s official crypto pricing, every transaction carries a commission equal to 0.50% of its notional value. E*TRADE says there is no additional spread fee or markup.
$100 trade: $0.50 commission $1,000 trade: $5 commission $10,000 trade: $50 commission The comparison with other platforms is less straightforward. Coinbase Advanced varies its maker and taker fees according to order type and 30-day trading volume, so some users may pay less than 0.50% and others more.
Robinhood does not charge a separately stated commission under its default market-maker routing, but the execution spread still creates a cost. In Robinhood’s own example, a $100 purchase with a 0.96% buy spread carries $0.96 in spread cost. Applied to a $1,000 order, the same illustrative spread would equal $9.60, although the actual spread changes with the asset and market conditions.
For an occasional investor, E*TRADE’s advantage is predictability: a $1,000 order costs $5 before any later sale. Frequent traders should calculate both sides of the transaction, because buying and later selling $1,000 of crypto would produce approximately $10 in commissions if the value remained unchanged.
What Customers Can and Cannot Do The service is currently available through the main E*TRADE website and mobile application. Support for Power E*TRADE is still listed as coming soon.
According to E*TRADE’s crypto account documentation, the main trading conditions are:
Platform Specifications Assets
BTC, ETH, SOL
Trading Hours
24/7 Always Open
Order Types
Market & Limit
Order Size
$10 – $500k
Precision
8 Decimal Places
Transfers
Not Available
Who Is E*TRADE Crypto Actually For? The service is most useful for investors who already manage stocks, funds, and cash through E*TRADE and want a small allocation to BTC, ETH, or SOL without opening and funding a separate crypto exchange account.
It May Be a Good Fit For: Existing E*TRADE clients who want crypto displayed beside their traditional portfolio. Occasional buyers who prefer a fixed and visible commission over a variable fee structure. Investors seeking price exposure without managing wallet addresses, private keys, or blockchain transactions. Users focused only on BTC, ETH, and SOL rather than a broad selection of smaller assets. It Is a Weaker Fit For: Active traders whose cumulative 0.50% commissions could become expensive. Self-custody users who want to control their own private keys. Onchain participants who intend to stake SOL, use Ethereum applications, access DeFi, or send crypto to another person. Altcoin investors who need access beyond the three supported assets. The product is therefore closer to an integrated brokerage service than a full crypto platform. Its strongest feature is convenience, while its main limitation is the lack of control and utility available through a self-custodied wallet.
How Existing E*TRADE Clients Activate Crypto Trading E*TRADE clients do not receive crypto trading automatically. They must open a separate Zero Hash account and link it to an eligible individual brokerage account.
According to E*TRADE’s official account and trading walkthrough, an existing client follows this route:
1
Navigate to Profile
Log in to etrade.com and head straight to your Profile section.
2
Access Trading Features
Go to “Account Preferences,” then select “Additional Trading Features.”
3
Select Crypto Option
Choose “Crypto powered by Zero Hash” from the list.
4
Link Your Account
Pick the brokerage account you want to connect to the crypto portal.
5
Accept & Confirm
Review the agreements and wait for your application approval.
On the web platform, users open Trading and select Crypto. In the mobile application, they tap Trade, select Crypto under Security Type, and choose BTC/USD, ETH/USD, or SOL/USD.
The order ticket supports market and limit orders. Before submission, the preview screen displays the estimated commission, total cost, selected quantity, and available purchasing power.
Crypto Taxes Are Easier to Track, but Not Automatic Trading through a traditional brokerage interface does not place crypto outside US tax rules. Selling BTC, ETH, or SOL for dollars generally creates a reportable capital gain or loss based on the difference between the sale proceeds and the investor’s adjusted cost basis.
E*TRADE states that Zero Hash will furnish Form 1099-DA and make it available through the E*TRADE Tax Center. The form reports proceeds from digital-asset dispositions and may also include cost-basis information where applicable.
That should make record collection easier than trading across several exchanges and wallets, but it does not calculate the investor’s final tax liability. The IRS requires taxpayers to report their digital-asset income, gains, and losses even when a form is missing or does not contain all the necessary basis information.
For a simple buy-and-hold investor, the process may remain relatively manageable. Frequent buying and selling can produce many separate taxable disposals, making the transaction history, acquisition dates, commissions, and cost basis important at tax time.
The 0.50% trading fee also affects the calculation. Transaction costs may be included when determining the acquisition basis or the amount realized on a sale, depending on the transaction. Investors with substantial activity should confirm the treatment with a qualified US tax professional.
No Withdrawals Means No Onchain Control E*TRADE clients can buy, sell, and hold the three supported assets, but they cannot currently transfer them to an external wallet. In plain English, customers receive economic exposure to the assets without direct control over their private keys.
That Creates Practical Limitations: ETH bought through E*TRADE cannot be used to pay Ethereum network fees. SOL cannot be moved into a personal wallet for staking or use across Solana applications. BTC cannot be transferred to a hardware wallet for self-custody. None of the supported assets can currently be sent to another person or deposited into a DeFi protocol. Solana’s inclusion is still notable because E*TRADE launched with only three assets, placing SOL beside Bitcoin and Ethereum. For now, however, that creates brokerage demand rather than direct activity across Solana applications, staking protocols, decentralized exchanges, or payment services.
The assets are held in the customer’s separate Zero Hash account rather than being custodied by Morgan Stanley. They are not covered by FDIC insurance or SIPC protection.
Morgan Stanley expects transfer functionality to launch later in 2026, but final details such as withdrawal limits, supported wallet types, transfer fees, and eligibility requirements have not yet been published.
Until transfers become available, the service is best understood as a convenient way to trade crypto prices inside E*TRADE, not as a replacement for a wallet or a full crypto exchange.
Morgan Stanley Is Building More Than a Trading Feature The E*TRADE rollout is one part of a broader digital-asset strategy.
In April, Morgan Stanley Investment Management launched the Morgan Stanley Bitcoin Trust with a 0.14% sponsor fee. Later that month, it introduced a Stablecoin Reserves Portfolio designed for regulated issuers that need eligible reserve assets.
Strategic Business Pillars
Direct Retail Trading:
Empowering individual investors through seamless integration with E*TRADE.
Regulated Investment:
Providing structured Bitcoin exposure via the MSBT investment vehicle.
Reserve Management:
Specialized cash management services tailored for stablecoin issuers.
Digital Custody:
Future-proofing asset security via Morgan Stanley Digital Trust.
Morgan Stanley’s announcement states that the E*TRADE digital-asset service is eventually expected to transition from Zero Hash to Morgan Stanley Digital Trust, National Association, which remains in organization. Until that transition takes place, Zero Hash continues to provide the crypto account, execution infrastructure, and custody.
What Would Make the Rollout Material The launch expands access, but access alone does not establish adoption. The next evidence should come from disclosed account openings, trading volume, client assets, and the share of activity generated by each supported cryptocurrency.
Three developments would make the rollout more consequential:
A meaningful number of E*TRADE households activating linked crypto accounts. The launch of external transfers, especially for ETH and SOL users seeking onchain access. An expansion beyond the initial three assets or the addition of services such as staking. The rollout’s importance will ultimately be measured by activated accounts, trading volume, client assets, and whether Morgan Stanley expands the service beyond basic buying and selling. E*TRADE has opened a large distribution channel for crypto, but the size of its customer base alone does not establish adoption.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice.
Author
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
T. Rowe Price, a major US asset manager with $1.89 trillion under management, has launched its first cryptocurrency exchange-traded fund, providing investors with access to Bitcoin and other leading digital assets through a single product.
Active Crypto ETF and Portfolio CompositionThe new ETF, known as the T. Rowe Price Active Crypto ETF, is listed on NYSE Arca under the ticker TKNZ. It is currently the first actively managed multi-token spot ETF available to investors, according to statements from the firm.
TKNZ primarily allocates its portfolio to Bitcoin and Ethereum, which account for 40.75% and 18.42% of its holdings, respectively. Additional assets in the portfolio include Solana, XRP, Hyperliquid, Dogecoin, and BNB, giving investors diversified exposure to the broader crypto market.
T. Rowe Price initially filed for SEC approval of this product in October 2025. The ETF targets individuals seeking regulated access to multiple cryptocurrencies through a managed structure, removing barriers associated with direct digital asset custody.
Through the launch of the T. Rowe Price Active Crypto ETF, investors can gain access to a thoughtfully curated, professionally managed multi-coin portfolio that helps eliminate the guesswork of building a crypto allocation on their own, stated Blue Macellari, head of digital assets at T. Rowe Price.
Company representatives described this fund as the “first of the firm’s lineup” in the digital asset sector, indicating potential for additional crypto-related investment vehicles in the future.
Mini dictionary: T. Rowe Price is a prominent US-based investment management firm offering a broad range of mutual funds, retirement solutions, and institutional management services.
AssetPortfolio Weight (%)Bitcoin40.75Ethereum18.42Other (Solana, XRP, Hyperliquid, Dogecoin, BNB)RemainderCrypto ETF Industry DevelopmentsThe SEC approved Bitcoin ETFs from leading firms such as BlackRock, Fidelity, and Grayscale in January 2024, marking a major turning point for the industry after years of rejections. These funds set new records for launch success and now manage billions of dollars in assets.
Following Bitcoin ETFs, spot Ethereum ETFs and additional altcoin products entered the market for both US and European investors. These developments have broadened the appeal of cryptocurrencies, allowing more traditional investors and Wall Street institutions to gain exposure without directly handling digital assets.
Investing in cryptocurrencies through regulated ETFs simplifies issues such as private key management and coin storage, easing previous concerns among institutional and retail players.
Bloomberg Intelligence analyst James Seyffart commented that the launch of TKNZ during a market downturn shows that legacy asset managers continue to build in the crypto sector despite declining prices, adding that the product was years in development.
Regulatory Landscape and Market IntegrationPresident Donald Trump’s administration has taken a more permissive approach to digital asset regulation, leading to the dismissal of several SEC lawsuits and investigations previously focused on crypto firms. This shift has made it easier for financial institutions to integrate crypto solutions with traditional products, such as borrowing or collateralizing mainstream assets with Bitcoin ETFs.
As a result, more investors can now access crypto markets through standard share trading on established exchanges, positioning digital assets more firmly within the broader financial system.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
In brief Eligible E*Trade customers can now trade spot Bitcoin, Ethereum, and Solana. Crypto trades are executed through Zero Hash, which also provides custody. The launch follows Morgan Stanley's ETF filings, tokenization plans, and stablecoin initiatives announced earlier this year. Morgan Stanley has launched spot cryptocurrency trading on its E*TRADE platform, allowing eligible customers to buy, sell, and hold Bitcoin, Ethereum, and Solana through a partnership with digital asset infrastructure provider Zero Hash.
In a post on Thursday, Morgan Stanley said the new offering lets investors view their cryptocurrency holdings alongside stocks and other investments in E*TRADE. Digital assets are held in linked Zero Hash accounts rather than by Morgan Stanley. The company said trades will carry a 50-basis-point fee, while crypto transfer functionality is expected later this year.
“Our clients’ needs are evolving, and they want to invest, trade, bank, and plan for the future all in one place,” Matt Jones, Head of E*TRADE, said in a statement. “Whether they’re buying their first share, exploring crypto, participating in an IPO, or planning for retirement, our job is to meet them where they are – with the confidence and trust that comes from being part of Morgan Stanley.”
The rollout coincides with a broader platform update that includes retirement planning tools, fractional share trading, an updated IPO Center, and new features for active traders.
"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," Chad Turner, head of Morgan Stanley Wealth Management Platforms, said in a statement.
The launch follows several crypto-related initiatives by Morgan Stanley this year.
In January, the firm filed registration statements with the SEC for spot Bitcoin and Solana exchange-traded funds, marking its move toward offering branded crypto investment products. In April, Morgan Stanley said it was exploring tokenization, tokenized money market funds, and tax-management tools for digital assets. Later that month, the bank introduced a money market fund designed for stablecoin issuers to manage reserves under the GENIUS Act.
Morgan Stanley first disclosed plans to bring crypto trading to E*TRADE in September 2025, saying it would initially support Bitcoin, Ethereum, and Solana through Zero Hash. The rollout completes that plan, adding direct spot crypto trading to the firm's brokerage platform as it continues to expand its digital asset offerings.
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In brief Eligible E*Trade customers can now trade spot Bitcoin, Ethereum, and Solana. Crypto trades are executed through Zero Hash, which also provides custody. The launch follows Morgan Stanley's ETF filings, tokenization plans, and stablecoin initiatives announced earlier this year. Morgan Stanley has launched spot cryptocurrency trading on its E*TRADE platform, allowing eligible customers to buy, sell, and hold Bitcoin, Ethereum, and Solana through a partnership with digital asset infrastructure provider Zero Hash.
In a post on Thursday, Morgan Stanley said the new offering lets investors view their cryptocurrency holdings alongside stocks and other investments in E*TRADE. Digital assets are held in linked Zero Hash accounts rather than by Morgan Stanley. The company said trades will carry a 50-basis-point fee, while crypto transfer functionality is expected later this year.
“Our clients’ needs are evolving, and they want to invest, trade, bank, and plan for the future all in one place,” Matt Jones, Head of E*TRADE, said in a statement. “Whether they’re buying their first share, exploring crypto, participating in an IPO, or planning for retirement, our job is to meet them where they are – with the confidence and trust that comes from being part of Morgan Stanley.”
The rollout coincides with a broader platform update that includes retirement planning tools, fractional share trading, an updated IPO Center, and new features for active traders.
"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," Chad Turner, head of Morgan Stanley Wealth Management Platforms, said in a statement.
The launch follows several crypto-related initiatives by Morgan Stanley this year.
In January, the firm filed registration statements with the SEC for spot Bitcoin and Solana exchange-traded funds, marking its move toward offering branded crypto investment products. In April, Morgan Stanley said it was exploring tokenization, tokenized money market funds, and tax-management tools for digital assets. Later that month, the bank introduced a money market fund designed for stablecoin issuers to manage reserves under the GENIUS Act.
Morgan Stanley first disclosed plans to bring crypto trading to E*TRADE in September 2025, saying it would initially support Bitcoin, Ethereum, and Solana through Zero Hash. The rollout completes that plan, adding direct spot crypto trading to the firm's brokerage platform as it continues to expand its digital asset offerings.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Morgan Stanley’s brokerage firm, E*TRADE, has completed the rollout of its spot crypto trading offering following an initial pilot earlier this year. This comes as the Wall Street giant continues to deepen its push into the crypto space, with the imminent launch of two new crypto ETFs.
Morgan Stanley Completes Rollout of Spot BTC, ETH, SOL Trading In a press release, E*TRADE announced that it had completed the rollout of spot trading in digital assets. Its eligible clients will now be able to trade Bitcoin, Ethereum, and Solana directly on its platform through its partnership with Zerohash.
The Morgan Stanley brokerage firm will charge a fee of 50 bps on each trade as its clients buy, sell, and hold crypto in a linked Zerohash account. The firm added that it expects to launch transfer functionality later this year.
The full rollout of spot crypto trading on the E*TRADE platform follows the initial pilot program in May. Meanwhile, it is worth noting that the firm had first announced plans to offer spot crypto trading last year.
This move deepens Morgan Stanley’s push into the crypto space. As CoinGape reported, Morgan Stanley Ethereum and Solana ETFs are nearing launch after the bank filed amended S-1 filings. The bank became the first to offer a crypto ETF after it launched its Bitcoin ETF earlier this year. The BTC Fund currently boasts net assets of $384 million, according to SoSoValue data.
Plans For The National Trust Bank E*TRADE stated that its crypto services will transition to Morgan Stanley’s national trust bank, Morgan Stanley Digital Trust. The firm made this note in relation to launching the transfer functionality later this year.
Earlier this year, Morgan Stanley applied for a crypto-focused national trust bank with the OCC, joining crypto firms such as Ripple, Crypto.com, and Coinbase that have also applied for trust charters. However, it is worth noting that firms such as Ripple have already received conditional approvals.
Meanwhile, USDC issuer Circle recently received approval from the OCC to launch its national crypto bank. Like Ripple, the stablecoin issuer had received conditional approval last year, alongside BitGo, Fidelity, and Paxos.
Please check out our page on Best Regulated Crypto Exchanges in the USA
A tokenized stock on Solana outtraded its own Nasdaq listing on a Sunday, adding to Solana's growing dominance in tokenized real-world assets.
Even when Wall Street shuts its doors for the weekend, trading on Solana carries on without interruption. A recent case involving RoboStrategy shows just how significant that difference can be.
RoboStrategy (Nasdaq: BOT), a closed-end fund focused on private robotics and physical AI companies, recorded more trading volume on Solana on a Sunday than it did on the Nasdaq the following business day, according to data shared by Solana on X.
A Sunday that outpaced a MondayBOT is ordinarily a Nasdaq-listed stock, which means it only trades during standard U.S. market hours from Monday through Friday.
However, a tokenized version of the stock also trades on Solana, a blockchain network designed for fast and low-cost transactions that continues operating around the clock, including weekends.
On Sunday, July 12, the tokenized version of BOT recorded $12.86 million in trading volume on Solana. The following day, with Nasdaq open for regular trading, BOT did $9.8 million in volume. In other words, the onchain version of the stock moved more money on a day when traditional markets were closed than the actual stock did during a full trading session.
Solana's post also noted that 68.5% of that Sunday volume came from registered Frontier Traders, suggesting the activity reflected a genuinely engaged base of users rather than a brief, isolated spike.
The timing is worth noting as well. RoboStrategy had recently completed a series of private share issuances between July 7 and July 14, raising approximately $16 million at an average price of $35.50 per share. It remains unclear whether that capital raise directly contributed to the weekend's trading activity, though the overlap in timing stands out.
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Solana's expanding role in tokenized stocksThis is far from an isolated example. Solana has steadily built a lead in the broader market for tokenized real-world assets.
According to data from rwa.xyz, Solana now counts 301,074 holders of tokenized real-world assets, the highest of any blockchain by that measure, ahead of Plume's 247,755, Ethereum's 200,860, and BNB Chain's 118,840 holders.
The network currently holds approximately $3.01 billion in tokenized assets spanning 2,121 different asset types, having briefly touched an all-time high of $3.62 billion earlier this month.
By total value, Solana ranks third among all networks, behind Ethereum and BNB Chain, though it leads decisively when measured by the number of individual holders.
Tokenized equities in particular have driven much of that growth. Solana recorded $3.47 billion in tokenized equity trading volume in June, a new monthly record, and accounted for more than 96% of all tokenized equity trading volume across every blockchain that month, according to data from Blockworks.
That figure suggests Solana is not simply hosting these tokenized assets, but has become the primary venue where the actual trading takes place.
Robinhood joins the lineupSolana's collection of tokenized stocks grew further on July 16, when the network announced that HOODx, a tokenized version of Robinhood Markets (Nasdaq: HOOD) stock, had gone live.
Robinhood is a commission-free trading platform widely used by retail investors to buy stocks, options, and crypto. HOODx is issued by Backpack Securities, a regulated entity that tokenizes real-world stocks, and is made accessible through Sunrise, Solana's dedicated gateway for bringing external, real-world assets onto the network.
In practice, this means investors can now buy and sell a tokenized version of Robinhood's own stock on Jupiter, one of Solana's largest decentralized exchanges, the same platform many traders use to buy and sell meme coins.
Wall Street’s slow walk into crypto just became a full sprint. Morgan Stanley has launched direct spot trading for Bitcoin, Ethereum, and Solana on its E*TRADE platform, giving eligible U.S. clients the ability to buy, sell, and hold digital assets inside the same interface they use to trade stocks and ETFs.
This is not a crypto ETF wrapper or a futures product. Clients are getting actual spot exposure, with 24/7 trading available through E*TRADE’s web and mobile apps, and automatic fund transfers between their brokerage and crypto accounts.
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How the plumbing works The infrastructure behind the service is Zero Hash, a B2B crypto platform that handles liquidity, execution, custody, and settlement. The partnership was first announced in September 2025, with a pilot launched around May 2026 and full availability rolled out by mid-July 2026. Morgan Stanley also participated in Zero Hash’s $104 million Series D-2 funding round, which valued the company at $1 billion.
The fee structure is straightforward: a 0.50% commission on notional value, with no spreads or markups layered on top. The full rollout targets E*TRADE’s entire eligible client base of approximately 8.6 million users.
Why this matters beyond the headline Morgan Stanley is not offering this through a separate app or a cordoned-off crypto subsidiary. The integration sits inside E*TRADE’s standard brokerage workflow. The choice of Solana alongside Bitcoin and Ethereum is also notable — including it at launch signals that Morgan Stanley views the top tier of the crypto market as a legitimate asset class rather than a reluctant concession to client demand for Bitcoin.
What investors should watch For the broader crypto market, 8.6 million newly enabled potential buyers represents a meaningful supply of latent demand. A 0.50% flat commission with no spread markups, offered inside a trusted brokerage account, is a direct competitive pitch against Coinbase, Kraken, and Robinhood’s crypto arm.
Morgan Stanley’s broader digital asset ambitions extend beyond this launch. The firm has been building out Bitcoin ETF access for wealth management clients and has signaled interest in ether and Solana-related financial products. The Zero Hash investment and the E*TRADE integration together suggest a coordinated strategy rather than a one-off product launch.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Circle has reportedly added $500 million in USDC liquidity to the Solana blockchain, according to a social media post by @martypartymusic. This development comes as Solana continues to establish itself as a significant player in the stablecoin market, with its network currently hosting between $7.7 billion and $8.6 billion in circulating USDC. The expansion is aligned with the upcoming implementation of the GENIUS Act, which will provide a federal framework for stablecoins starting January 2027. This move suggests ongoing institutional interest in Solana’s high-throughput capabilities for stablecoin transactions amid regulatory advancements.
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Markets appear to be reacting to this liquidity boost, with prediction market data indicating a modest 11% probability that Solana’s price will reach $90 by the end of July 2026. This reflects a cautious yet optimistic sentiment among market participants regarding Solana’s potential price movement in the short term. The increased liquidity could enhance Solana’s ability to facilitate large transactions and improve overall network efficiency, factors that could influence its price trajectory.
Key Takeaways The addition of $500 million in USDC liquidity to Solana suggests potential positive impacts on its network capabilities and market perception. Market pricing currently indicates an 11% probability of Solana reaching $90 by the end of July 2026, suggesting moderate optimism. The GENIUS Act, effective January 2027, could further enhance regulatory clarity and institutional interest in stablecoins on Solana. What to Watch Observers will be monitoring Solana’s price movements closely as the market reacts to the liquidity addition. Key indicators include network throughput and volume, which could influence Solana’s price performance. Additionally, developments related to the GENIUS Act and further regulatory announcements will be significant, as they might provide additional support for stablecoin use on the Solana network. Market participants will also focus on institutional moves and any announcements from key figures like Anatoly Yakovenko and Ray Ozzie.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 11% — — 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 0.9% — — View market → August 1 2026 0.9% — — View market → August 1 2026 3.6% — — View market → August 1 2026 0.4% — — View market → August 1 2026 7.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1% — — View market → August 1 2026 0.1% — — View market → August 1 2026 44% — — View market → August 1 2026 0.2% — — View market →
Claynosaurz, a Solana-based NFT brand, launches its animated series on Amazon Prime Video, reaching a potential audience of 245 million subscribers.
A dinosaur that started as a sketch on Solana four years ago just landed a spot on one of the world's biggest streaming platforms.
Claynosaurz, the Solana-based animation studio behind one of crypto's most recognizable NFT collections, launched Season 1 of its animated miniseries on Amazon Prime Video on July 14.
The debut gives the clay-inspired dinosaur brand a shot at reaching Prime Video's global subscriber base of more than 245 million people, a scale few NFT projects have ever come close to.
From a sketch to a streaming debutThe series opens with three micro-episodes following four lifelong dinosaur friends, Flea, Bex, Trix, and Milo, as they navigate the everyday complications of growing up together in Claynotopia, an imaginary world built from clay and childhood creativity. Claynosaurz describes the episodes as glimpses into a larger animated series still to come.
The project traces back to late 2021, when animation industry veterans Nicholas Cabana and Dan Cabral began developing the Claynosaurz concept. Cabana's brother, Phil Cabana, later suggested turning it into an NFT project as the market gained momentum.
The team began teasing the idea publicly in March 2022 with an image of a shadowy dinosaur, before revealing its full 3D animation style the following month and announcing plans for a 10,000-piece NFT collection.
Founded by Cabana, Cabral, and Daniel Jervis, Claynosaurz has since released more than 10,000 unique animated dinosaur NFTs and built out an ecosystem that goes beyond simple collectibles, including its Claymaker crafting system, companion NFTs, and planned gaming integrations.
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Trending on TheStreet Roundtable:Mysterious trader buys millions ahead of Trump's White House meetingSpaceX stock hits an all-time low below IPO price, what it means for its 18,712 BTCGoogle searches for XRP sink amid 60% price crash in a yearBetting on fandom over formatNicholas Cabana, Chief Creative Officer of Claynosaurz, framed the Prime Video launch as a deliberate departure from convention. "Maybe it doesn't have to fit a template of X-episodes or a movie," he wrote in a LinkedIn post.
"The real asset is fandom. Content is abundant. It's also easier to make. An audience that chooses to return, share, and participate is the scarce resource."
Claynosaurz is also indexed on Apple TV.
Solana's Head of Consumer, Pedro Miranda, pointed to Claynosaurz as an example of what the network can produce.
"Born on Solana, the Claynosaur team is at the forefront of super fan participation and ownership through collectibles through a mainstream IP now on Amazon Prime," he said.
Solana is infrastructure for the next generation of internet-native consumer brands, Miranda added.
Ethereum price today: $1,870Ethereum has outperformed crypto majors Bitcoin, XRP, SOL and HYPE following a market boost from cooling inflation reports.The Robinhood Chain launch, ETH ETF inflows, BitMine's accumulation and Clarity Act discussions are spurring the outperformance.ETH saw a rejection at the 100-day EMA after rising 10% over the past week.Ethereum (ETH) has outperformed the top 10 cryptocurrencies since the crypto market began a recovery last week. On a weekly timeframe, the top altcoin is seeing an 8% gain, compared to 2.4%, 1.4%, 1.6%, -1.8% and -3.5% for Bitcoin (BTC), BNB, XRP, Solana (SOL) and Hyperliquid (HYPE).
While cooling inflation reports and declining energy prices were primarily responsible for the recent broad rally across the crypto market, ETH's outperformance stems from several other key factors.
ETH vs Top Cryptos. Source: CoinGeckoWhy Ethereum is outperforming other top cryptosThe Robinhood Chain, launched on July 1 as an Ethereum Layer 2 (L2), has been spurring demand for native ETH. The amount of ETH bridged from the L1 to the L2 chain has surpassed $164 million, a 10x increase in the past week, according to onchain analytics platform Token Terminal.
"If adoption continues, the chain could become a meaningful new source of demand for Ethereum," the platform stated in a Thursday X post.
The chain has seen strong demand over the past week, attracting token launchpads and memecoin activity. In 2024, Solana saw a similar upsurge in memecoin activity before going on a run that outperformed major cryptocurrencies.
Beyond that, Ethereum is also attracting institutional capital again, with $96 million in net inflows over the past three days. Last week, US spot ETH ETFs ended an eight-week outflow streak after recording $84.4 million in net inflows, per SoSoValue data. Since the beginning of the month, the products have only seen two outflow days, while XRP and Solana products are struggling to attract capital.
Similarly, US spot BTC ETFs have posted four outflow days so far in July and are on track to end the week on negative flows.
In addition, Ethereum treasury firm BitMine Immersion has remained a consistent source of demand for the top altcoin, accumulating roughly 70,000 ETH in the past two weeks.
Strategy, on the other hand, which has been a major demand driver for Bitcoin, flipped to distribution over the past two weeks after it sold $216 million worth of BTC. The firm also failed to log any buying activity last week.
Increased discussion and positive sentiment around the Clarity Act are also filtering into Ethereum, as it hosts the majority of onchain activity. The L1 is the largest chain by total value locked (TVL) and tokenized assets, with $40.9 billion and $14.8 billion, respectively, according to DefiLlama data.
Despite several positive developments surrounding ETH currently, the broader crypto market recovery remains fragile amid resumed geopolitical tensions in the Middle East. Bitfinex analysts also noted that ETH ETF inflows are not yet strong enough to drive prices.
"The $96 million total sits against a market capitalization above $220 billion, which makes it a rounding error even allowing for the illiquid spot market. A bid concentrated in one issuer remains too narrow to call a regime," the analyst wrote in a Thursday market commentary.
"Whether Ether ETFs continue to draw buyer interest remains to be seen; they have struggled to do so across nearly two years since launch."
Bitfinex added that sustained improvements in onchain activity are a "stronger catalyst" for an L1 like Ethereum.
Ethereum Price Forecast: ETH fails to reclaim 100-day EMA despite 10% jumpOn the daily chart, ETH/USDT trades at $1,874, maintaining a constructive bullish bias as price remains above the 20- and 50-day Exponential Moving Averages (EMAs) at $1,780 and $1,810, respectively. The altcoin remains capped by the longer-term 100-day EMA at $1,948 after a 10% rise over the past week, suggesting room for further upside only if this barrier is reclaimed.
Momentum stays supportive, with the 14-day Relative Strength Index (RSI) around 60 and the Stochastic hovering in the low 70s, hinting at a cooldown after a strong rally.
On the topside, immediate resistance is located at the horizontal level of $1,909, followed by $2,018 and $2,107, where prior supply converges. Above these, additional resistance is seen at $2,211 and then $2,388.
ETH/USDT daily chartOn the downside, initial support emerges at $1,806, ahead of the nearby dynamic floors offered by the 50- and 20-day EMAs. Below these, more substantial demand is seen at $1,741, with deeper supports at $1,524, $1,404 and $1,155 in the event of a broader corrective slide.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
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Tether has transferred $500 million USDT to Binance via the Solana blockchain, as reported by social media user @martypartymusic. The transaction, which occurred on June 2, 2026, underscores Solana’s capacity for handling large-scale stablecoin movements with minimal fees. This substantial inflow of liquidity to Binance is expected to bolster its capabilities, particularly in the Solana corridor, where high-frequency demand is strong. The native SPL token USDT, backed by Tether’s reserves, facilitates swift settlements, enhancing market activity for key assets like Bitcoin and Ethereum.
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Key Takeaways The $500 million USDT transfer appears to bolster Binance’s liquidity on Solana, suggesting increased market activity. Solana’s efficiency in processing large transactions is consistent with increased demand for high-frequency activity. Market pricing suggests participants view this development as potentially supportive of Solana price increases. What to Watch Observers should monitor if this liquidity enhancement leads to increased volumes on Binance, potentially affecting Solana’s price trajectory. Key indicators include Solana’s ability to maintain its efficiency in processing large transactions and any subsequent liquidity movements. Developments such as the Alpenglow upgrade and ETF inflow resumption could further influence market dynamics, potentially impacting Solana’s price targets, including the possibility of reaching $90 in July.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 11.5% — — 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 1% — — View market → August 1 2026 0.9% — — View market → August 1 2026 3.8% — — View market → August 1 2026 0.4% — — View market → August 1 2026 8.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.3% — — View market → August 1 2026 0.1% — — View market → August 1 2026 39.5% — — View market →
Beyond AI and regulatory clarity, one key theme is taking center stage in 2026: Stronger tokenomics.
The logic is simple: While deflationary mechanisms can support price by creating scarcity-driven rallies, the bigger picture goes beyond short-term price action. Instead, they are increasingly becoming a key factor in improving long-term value capture for token holders.
Notably, BNB’s latest burn cycle is a clear example of this shift. According to the official report, the BSC chain burned 1.62 million BNB tokens during its 36th quarterly burn, worth around $931 million at the time. This reduced BNB’s circulating supply to 133 million, putting it behind only Ethereum’s [ETH] 120 million and Bitcoin’s [BTC] 21 million among the top 10 crypto assets by supply.
Source: X More importantly, the market reaction after the burn showed growing investor interest in assets with in-built deflationary mechanics. The narrative quickly picked up momentum on social media, with many investors arguing that Binance Coin [BNB] is entering Q3 with a strong bullish setup.
However, the thesis may still seem a bit too early. From a technical standpoint, despite the burn and the surrounding hype, BNB is up only 1.5% this week, trailing Ethereum’s 6% rally. That said, compared to Solana’s [SOL] 0.5% gain, BNB is showing stronger relative momentum. With Solana’s liquid supply being over 5x larger than BNB’s, this divergence doesn’t look random.
Instead, it suggests investors are starting to favor assets with tighter supply dynamics. However, when it comes to long-term value capture, Solana is still in the race, driven by its growing RWA momentum. The bigger question now is whether Solana’s RWA growth can eventually outperform BNB’s stronger tokenomics, revealing which narrative has the stronger long-term edge.
BNB’s burn meets Solana’s RWA momentum Both tokenomics and tokenization have emerged as major growth themes in the 2026 cycle.
While Solana still trails BNB when it comes to deflationary mechanics, its tokenization narrative is clearly gaining momentum. According to RWA.xyz, Solana is now the leading blockchain by RWA holders, with over 300k real-world asset holders, a new all-time high, and far ahead of BSC’s 118k holders. Notably, this surge has been fueled by tokenized equities, with Solana recording $3.47 billion in tokenized equities trading volume in June 2026, also marking a new all-time high.
However, price action tells a different story. SOL/BNB remains in a steady downtrend, failing to reclaim key support levels since Q4 2023’s 227% rally. Since then, each cycle has followed a similar pattern. Around two quarters of consolidation before another breakdown, underscoring that Solana’s strong fundamentals have yet to fully translate into relative strength against BNB.
Source: TradingView (SOL/BNB) Naturally, this shifts the focus back to BNB’s recent 1.62 million token burn.
With supply tightening further and the gap widening against Solana’s 582 million liquid supply, Solana’s RWA momentum has yet to show up in the SOL/BNB ratio. Moreover, investors appear to be placing more weight on stronger tokenomics as a more reliable driver of long-term value capture.
In this context, a SOL/BNB breakout in Q3 still looks like a tough challenge.
Final Summary BNB’s 1.62 million token burn is boosting its deflationary narrative, as investors focus more on assets with stronger supply control. Solana’s RWA growth is strong. But BSC’s tighter supply keeps the SOL/BNB breakout uncertain.
Solana $SOL has crossed a new milestone in the real-world asset (RWA) space, surpassing 300,000 holders for the first time to become the largest blockchain network by RWA holder count. According to data from rwa(.)xyz, the network now stands at 300,130 RWA holders, pulling ahead of all competing chains.
Holder Lead Built on Rapid Growth The milestone caps a period of sharp expansion. Solana first crossed the 200,000-holder mark in late April 2026, meaning the network added roughly 85,000 RWA holders in less than two months. Solana accounts for roughly 31% of all RWA holders across tracked blockchain networks, placing it ahead of Ethereum, which has 199,191 holders, and BNB Chain with 101,902 holders.
The holder count lead reflects a broader shift in how the network is being used. On June 24, Solana's tokenized stock market reached a record $644 million in daily trading volume, highlighting the network's shift from a memecoin-focused blockchain toward a hub for tokenized financial assets. Tokenized stocks posted $5.77 billion in quarterly volume during Q2 2026, a figure that exceeds the prior year's second-half total by more than seven times.
RWA Value Climbs, Gap With Ethereum Narrows While Solana leads in holder count, its tokenized asset market also continues to expand in value. The network's RWA ecosystem quadrupled in value during the first half of 2026, growing from $873 million in January to a record $3.62 billion in July, driven by rapid growth in tokenized stocks, rising institutional adoption, and record trading activity. The network's tokenized asset market currently sits above $3.3 billion.
In just the past 30 days, Solana recorded nearly $967 million in net inflows to its RWA market, the highest figure among all tracked blockchain networks during the same window. For comparison, Ethereum reported approximately $202 million in net outflows during the same 30-day timeframe.
Ethereum still leads the overall RWA market by a wide margin. The latest milestone places Solana behind only Ethereum, which holds approximately $15.9 billion in RWAs, and BNB Chain, at roughly $3.9 billion. However, the pace of inflows and the growing holder base suggest Solana is closing the gap faster than either rival. In terms of distributed RWA value, Solana has gained 14% while Ethereum has fallen by 4.7% during the same 30-day period.
Institutional demand has been a key driver of the expansion. BlackRock's BUIDL fund has deployed $615 million on-chain through Securitize, making it the largest individual RWA position on Solana. Citigroup completed a tokenized Bill of Exchange settlement pilot with PwC in February, while institutional market maker B2C2 has chosen Solana as its primary stablecoin settlement network.
Sources:
Solana Floor: Solana's RWA Market Hits Record $3.62B
The Crypto Basic: Solana Tokenized RWA Market Soars 4x in H1 2026
Crypto Briefing: Solana's RWA Market Reaches $3.62B After $2B Growth in Six Months
Bitcoin traded flat near the $64,600 mark on Thursday as easing inflation and rising geopolitical tensions kept investors cautious. The world's largest cryptocurrency was last trading at $64,560.
Over the past 24 hours, Bitcoin slipped 0.42%, while Ethereum gained 2.24% to trade at $1,917. Among major altcoins, BNB and XRP rose 0.45% and 0.51%, respectively, while Solana, Tron, Hyperliquid, Dogecoin and Cardano fell by up to 0.95%.
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Vikram Subburaj, CEO of Giottus, said softer-than-expected U.S. consumer and producer inflation data eased concerns over an immediate Federal Reserve rate hike. However, renewed geopolitical tensions and higher crude oil prices prevented a stronger risk-on rally.
He advised investors to avoid chasing short-term breakouts, adding that staggered accumulation, limited leverage and disciplined position sizing remain preferable until Bitcoin sustains above $65,500 and ETF inflows become more consistent.
According to CoinMarketCap, the global cryptocurrency market capitalisation edged up 0.1% to $2.22 trillion. The CoinDCX Research Team said Bitcoin touched a local high above $65,600, driven by nearly $209 million in short liquidations. It also noted that crypto ETFs other than Bitcoin and Ethereum saw virtually no activity.
Over the past week, Bitcoin and Ethereum gained 2.41% and 9.25%, respectively. Among major altcoins, BNB, XRP and Dogecoin rose by up to 1.61%, while Solana, Tron and Hyperliquid declined by up to 2.03%.
The CoinSwitch Markets Desk said Bitcoin climbed to a three-week high of $65,500 after U.S. producer inflation fell 0.3% month-on-month, reinforcing the softer CPI print released a day earlier, before easing below $65,000.
It added that Bitcoin now faces resistance around $67,200. A sustained breakout above this level could pave the way toward $70,000. However, traders remain cautious as the cryptocurrency approaches its 50-month exponential moving average (EMA), which has historically acted as a key resistance level during bearish phases.
Here’s what another analyst said:
Avinash Shekhar, Co-founder and CEO of Pi42, said the crypto market is showing encouraging signs of renewed institutional confidence, with Bitcoin supported by fresh ETF inflows while Ethereum continues to attract attention ahead of potential catalysts in the second half of the year.
He advised investors to build positions gradually with a disciplined approach rather than react to daily price swings or speculative narratives.
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Riya Sehgal, Research Analyst, Delta Exchange, said: “Bitcoin is still struggling to establish acceptance above the $65,000-$66,000 resistance zone. The first key support lies near $64,200. Ethereum continues to display stronger relative momentum, although its Relative Strength Index (RSI), at around 71, indicates overextended conditions.”
Nischal Shetty, Founder, WazirX, said: “The crypto market is witnessing renewed optimism as softer inflation data has eased concerns over further interest rate hikes. Lower rate expectations typically improve liquidity for risk assets, and signs of institutional confidence are already emerging, with both Bitcoin and Ethereum spot ETFs recording fresh inflows last week.”
(Disclaimer: Recommendations, suggestions, views and opinions expressed by the experts are their own and do not represent the views of The Economic Times)
President Donald Trump is scheduled to meet with Republican senators at the White House on Thursday afternoon in an effort to resolve the most contentious issue surrounding the Clarity Act, a major piece of crypto-related legislation.
Key meeting participantsThe anticipated meeting will involve Republican Senators Bernie Moreno and Cynthia Lummis, White House crypto adviser Patrick Witt, and Chief of Staff Susie Wiles. Kristin Smith, president of the Solana Policy Institute, stated that this group will strive to develop a compromise regarding an ethics provision that has been the focal point of debate over the bill.
Smith said the purpose is to introduce potential solutions on the ethics issue and gain Trump’s approval, characterizing the development as a positive step for the bill’s progress.
Kristin Smith indicated that the aim of the meeting is to present ideas to address the ethics issue and secure President Trump’s support for them, calling the initiative significantly positive for advancing the legislation.
Mini dictionary: Solana Policy Institute, a nonprofit policy organization focused on advancing blockchain and crypto asset regulation, particularly around the Solana blockchain ecosystem.
Ethics provision remains key obstacleAt the center of the dispute is an unresolved section that would place restrictions on senior government officials, prohibiting them from holding personal business interests in crypto assets. Democratic lawmakers have pushed for these limitations, citing concerns tied to Trump’s established connections to the cryptocurrency sector. The fate of the Clarity Act may therefore hinge on whether Trump will accept restrictions that could directly impact his own business interests.
On Tuesday, Democratic Senators Chris Van Hollen, Chris Murphy, and Jeff Merkley held a press conference voicing their opposition to the bill unless it includes a provision severing what they described as Trump’s “corrupt” associations with the crypto industry.
Senate dynamics and legislative timelineThe Clarity Act passed the Senate Banking Committee in May by a 15-9 vote. Democratic Senators Ruben Gallego and Angela Alsobrooks were the only members of their party to support the bill in committee. However, both lawmakers have since stated that they would not vote for its final passage unless a robust ethics measure is added.
Senator John Thune has pushed for a floor vote on the bill before legislators adjourn for the summer recess, which follows the first week of August. Congressional focus is expected to shift toward the November midterm elections after the break, making the current legislative window particularly narrow for resolving outstanding issues tied to the bill.
SenatorPartySupport in CommitteeSupport Conditional on Ethics ProvisionRuben GallegoDemocraticYesYesAngela AlsobrooksDemocraticYesYesChris Van HollenDemocraticNoWants ethics provisionChris MurphyDemocraticNoWants ethics provisionJeff MerkleyDemocraticNoWants ethics provisionIf the division over ethics requirements persists, the Clarity Act may struggle to advance before lawmakers turn their attention to the election campaign, narrowing the opportunity for bipartisan compromise.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A group of major financial and technology companies, including Visa, Mastercard, American Express, Stripe, and Coinbase, have established the x402 Foundation to create an open standard for AI-driven commerce and payments across the internet.
Industry leaders unite for open payments protocolThe x402 Foundation aims to provide a neutral platform where competitors and various payment methods can collaborate to develop the x402 protocol, a payments standard enabling transactions between AI agents, machines, and humans through Hypertext Transfer Protocol (HTTP).
Foundation membership now includes over 40 organizations such as Ripple, Adyen, Fiserv, Shopify, Google, Amazon Web Services, Cloudflare, Circle, MoonPay, and the Solana Foundation, in addition to the founding partners. These companies represent a wide cross-section of payments, e-commerce, blockchain, and cloud computing sectors.
The initiative follows lessons from the early internet era, with participants stressing the importance of avoiding restrictive “walled gardens” in financial systems. By embracing open-source principles, the foundation wants to ensure access and interoperability for future AI-enabled commerce.
Coinbase, one of the world’s largest cryptocurrency exchanges, initially developed the x402 protocol. The protocol’s name is inspired by the “402 Payment Required” HTTP response code, designed in the internet’s early days to allow browsers to process payments for online content.
Mini dictionary: x402 Foundation, a nonprofit group launched to promote and steward an open payments protocol that facilitates transactions between AI agents, humans, and machines using standard internet protocols.
Technical direction and governanceAlin Dragos, senior manager at Amazon Web Services (AWS) Payments, serves as board chairperson of the x402 Foundation. The group has started the search for an executive director and has already formed a technical steering committee to begin protocol development and oversight.
Dragos described bringing the project under the Linux Foundation as the right environment for collaborative, open-source standards-building. He said the x402 protocol aims to extend the original design of HTTP, allowing not just information, but value and payments, to move seamlessly across the internet.
“We solved the problem whereby participants on the internet can exchange information, but we don’t actually have a good way to exchange value. In order to build a standard, you need many competitors and payment methods to come and work together and it’s important to have this neutral ground to pave the way for agents to transact on behalf of people,” Dragos emphasized.
Foundation members believe AI agents could soon facilitate a significant portion of online transactions, including micropayments, and want standards in place before mass adoption. They argue that blockchain technology has resolved the underlying payment infrastructure, but integration with agentic models and internet standards now needs collective focus.
Member CompanySectorVisaPaymentsMastercardPaymentsAmerican ExpressPaymentsStripePaymentsCoinbaseCryptocurrency ExchangeRippleBlockchain/PaymentsGoogle, AWS, CloudflareCloud/TechnologyShopifyE-commerceCircle, MoonPay, Solana FoundationCrypto/BlockchainDeveloping a global payments ecosystemFred Ehrsam, co-founder of Coinbase, highlighted the economic opportunities made possible through agentic payments and open standards: “You don’t want to be in a walled garden when you’re dealing with money.” He believes that creating a global, public financial system accessibly managed by diverse entities is a historic opportunity.
Advocates say the x402 protocol could allow users and machines to make one-off payments for content or services without relying on subscriptions or repeatedly entering payment details. While large-scale implementation has not yet occurred, participants expect adoption to grow steadily as merchant and agent integrations expand.
Dixon stated, “There’s a lot of different, really interesting opportunities that come from this. Blockchain has already solved the issue of the underlying payment infrastructure of the web, but now it’s actually really working because of this agentic piece. It’s being used, perhaps not at scale yet. But it will.”
Since the foundation’s launch just three months ago, membership and momentum have increased rapidly. The group sees these early milestones as a strong sign for their vision of inclusive and standardized AI-driven internet payments.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Bitcoin rose above $64,000 following weaker-than-expected US CPI and PPI data. However, further gains are limited due to simultaneous selling by both long-term and short-term investors.
While Bitcoin, Ethereum, and altcoins are also experiencing gains, noteworthy statements have come from the US banking giant Morgan Stanley.
At this point, a Morgan Stanley analyst compared Solana to Ethereum, the largest altcoin.
And here, SOL has historically been highlighted as a better diversification tool than ETH.
Speaking to Coindesk, Morgan Stanley investment strategist Denny Galindo argued that Solana has historically been a superior diversification asset compared to Ethereum.
Galindo notes that with the rise of spot Bitcoin ETFs, followed by Ethereum and Solana ETFs, the question of which digital assets investors should include in their portfolios alongside Bitcoin has come to the forefront.
Galindo also stated that the correlation coefficient between Bitcoin and ETH is 0.78 until April 2026, while the correlation between Bitcoin and SOL is 0.72, explaining that the BTC-SOL correlation is lower.
According to the analyst, this suggests that Solana is slightly less likely to move in the same direction as Bitcoin. The lower correlation indicates a higher probability of Solana moving independently of Bitcoin, and therefore contributing more to portfolio diversification.
The analyst also notes that Solana’s correlation with the S&P 500 is slightly lower compared to Bitcoin and Ethereum.
Based on these historical correlations, Galindo concluded that SOL could be a better diversification asset than ETH. However, the analyst pointed out that Solana has higher price volatility than Ethereum, and investors should consider this risk factor when evaluating the diversification advantage.
*This is not investment advice.
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ETRADE, a subsidiary of Morgan Stanley, has completed its rollout of spot services for Bitcoin, Ethereum, and Solana, enabling eligible clients to buy, sell, and hold these cryptocurrencies directly within their brokerage accounts. The service, which comes with a transaction fee of 50 basis points, marks a significant integration of traditional finance with the crypto market. This offering positions ETRADE competitively against other major platforms like Charles Schwab and Coinbase, which have higher fees. While the platform currently does not support transfers to external wallets, such functionality is expected to be added later this year.
Market participants appear to have responded positively to this development, particularly regarding the potential impact on Solana. The move may indicate increased demand and activity, contributing to market expectations of Solana’s price movement. Notably, this development coincides with a broader trend of traditional financial institutions embracing cryptocurrencies, potentially sparking a competitive environment around retail crypto fees.
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The introduction of spot access for these cryptocurrencies by a major financial institution like Morgan Stanley’s E*TRADE suggests increased mainstream acceptance and integration of digital assets. The market’s reaction appears consistent with scenarios where Solana could see heightened demand and volume.
Key Takeaways E*TRADE’s rollout of spot access for cryptocurrencies appears consistent with increased mainstream acceptance of digital assets. Market pricing suggests participants view this as supportive of increased Solana demand, potentially impacting its price. The competitive fee structure could lead to a broader retail crypto fee competition among traditional financial platforms. What to Watch Watch for potential announcements regarding the implementation of external wallet transfers, which could further influence market dynamics. Additionally, observe any strategic responses from competitors like Charles Schwab and Coinbase that may impact fee structures and market share. Solana’s price movements in the coming weeks will provide further insight into the market’s reaction to this integration, particularly if demand and volume increase as expected.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 11.5% — — 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 1% — — View market → August 1 2026 0.9% — — View market → August 1 2026 3.8% — — 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 1.2% — — View market → August 1 2026 0.1% — — View market → August 1 2026 40.5% — — View market →
Key Takeaways Solana is currently changing hands around $78, representing approximately 30% gains from June’s bottom at $60.13 The token has reclaimed territory above its 50-day EMA positioned at $76.82, though the $81.50 trendline remains a barrier Speculative interest is climbing with derivatives volume increasing 15%, while ETF channels show no new capital for 48 hours Technical analysis reveals a SuperTrend buy indication—the first observed since October 2025 Japanese financial giant SBI Holdings has announced collaboration to develop blockchain-based financial systems Solana has demonstrated consistent upward momentum throughout the current week, hovering around the $78 mark following a substantial 30% appreciation from its June bottom at $60.13. This recovery phase has successfully pushed SOL above its 50-day Exponential Moving Average (EMA) positioned at $76.82, establishing this technical level as immediate price support.
Solana (SOL) Price Speculative trading activity appears to be fueling this upward movement. According to CoinGlass analytics, derivatives market volume surged 15% to reach $6.90 billion over the last 24-hour period, while Open Interest maintained stability around $4.93 billion. The current funding rate stands at 0.0040%, indicating modest bullish sentiment among leveraged traders.
Conversely, institutional participation remains subdued. Exchange-traded fund products tracking Solana have registered consecutive days without fresh capital inflows this week, indicating that traditional finance participants are adopting a wait-and-see approach.
Source: SoSoValue The critical price point under observation is $81.50. This level coincides with a declining trendline, and a definitive daily candle closure above this threshold would provide the first technical validation that the bearish trajectory is reversing. Should bulls successfully breach this barrier, subsequent price objectives include $83.81, followed by the 78.6% Fibonacci retracement level at $88.56.
Critical Resistance Zone Between $89 and $92 A more substantial challenge awaits at higher levels. The $89 to $92 price corridor has repeatedly repelled upward advances since March, establishing it as a formidable obstacle that bulls must overcome before $100 becomes a realistic target. The 200-day EMA currently positioned at $94.52 further reinforces this resistance cluster.
Crypto analyst Ali Martinez highlighted that the SuperTrend technical indicator has generated its inaugural buy signal since October 2025. His technical assessment suggests potential price objectives near $96 and $121 if consistent purchasing pressure materializes.
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
Market analyst Michaël van de Poppe emphasized the significance of the present price zone, stating on X that maintaining current levels could facilitate a move toward $120 over the upcoming months. He attributed this optimistic outlook to the recent market-wide recovery that has improved overall trading conditions.
$SOL holds this crucial level for support and makes it therefore increasingly more likely that it continues to run to $120 in the coming 1-2 months. https://t.co/PPFJXcDUIi
— Michaël van de Poppe (@CryptoMichNL) July 15, 2026
Strategic Alliance with SBI Holdings Solana received additional positive momentum through a newly announced institutional collaboration. SBI Holdings, a prominent Japanese financial services corporation, has entered into a strategic partnership with the Solana network to develop blockchain-based financial infrastructure. This initiative encompasses stablecoin integration, real-world asset tokenization, international settlement systems, and payment solutions for artificial intelligence agents.
Decentralized exchange platforms operating on Solana processed approximately $4.15 billion in trading volume during a 24-hour measurement period, positioning the network favorably compared to competing blockchain ecosystems in terms of this performance metric.
Regarding downside scenarios, the $74–$75 price band represents the crucial support area requiring attention. Technical analyst BitGuru identified this zone on X as a significant near-term foundation. A breakdown beneath this range could trigger downward movement toward $68.88, with June’s low at $60.13 serving as the more substantial structural support level.
The Relative Strength Index currently registers near 54, demonstrating modest positive momentum while remaining outside overbought territory. The MACD indicator is converging with its signal line, maintaining a relatively neutral technical posture.
According to PeckShield Alert monitoring, the Cascade CLS vault was hacked, leading to the theft of approximately $1.34 million in user USDC funds. The attacker has bridged the stolen assets from Arbitrum to Solana, then re-bridged them to Ethereum via RelayProtocol in the form of DAI.
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HTX DAO completes Q2 token burn, with HTX’s cumulative burn exceeding 100 trillion tokens.
According to an official announcement from HTX DAO, the second-quarter 2026 HTX token burn was completed on July 15. On-chain data shows that a total of 7,474,935,439,560 HTX tokens were burned in this round, worth over $13.6 million. To date, the cumulative amount of HTX burned and donated has reached 117.79 trillion tokens. Burn details: https://tronscan.org/transaction/06b58562732cbff13ce6a3b2a0556f6ffefd158b4cc4313968750923c779810d/overview. In the first half of this year, HTX DAO’s two-quarter combined burn exceeded $32.82 million. Against the backdrop of intensified market liquidity competition this year, HTX has still been able to consistently execute quarterly burns worth tens of millions of dollars, showcasing strong operational resilience and anti-cyclical capabilities.
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Taiwan Semiconductor Manufacturing Co. (TSM.N) released its Q2 2026 financial results, posting revenue of NT$1.27 trillion, up from NT$933.792 billion in the year-ago period, and net profit of NT$706.6 billion. The earnings report indicated TSMC’s Q2 gross margin hit 67.7%, a 9.1 percentage point rise year-over-year. Its high-performance computing (HPC) business segment revenue grew 20% quarter-on-quarter, remaining a core growth driver. Additionally, the Taiwan Weighted Index closed at 45,624.98 points on July 16, down 6.61 points, or 0.01%.
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S&P 500 price-to-sales ratio rises to an all-time high
According to data from Barchart, the Price to Sales Ratio of the S&P 500 has risen to its all-time high. This metric measures how much investors are willing to pay for each unit of a company’s revenue, and its current level reflects that the overall valuation of U.S. stocks is at a historic high.
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Visa: AI agent payments are accelerating in development, with x402 processing approximately $15 million in on-chain transaction volume.
Visa has released a joint research report with Artemis titled *Agentic Payments from the Ground Up*, which analyzes the development of AI agent payments and on-chain data. The report divides AI agent payments into two main categories: one is "large commercial payments" where agents complete tasks such as flight bookings and subscription management on behalf of users; the other is small-value machine-to-machine payments, including API calls and compute resource purchases, typically under $1. The machine payment protocol x402—incubated by Coinbase and Cloudflare and later managed by the Linux Foundation—has processed an adjusted trading volume of approximately $15 million and around 109.6 million cumulative transactions since its launch in May 2025, with primary activity concentrated on the Base, Solana, and Polygon networks. Another machine payment protocol, the Machine Payments Protocol (MPP), built by Stripe and Tempo with contributions and support from Visa, has completed roughly $25,000 in settlements and processed about 115,000 transactions since its launch in March 2026. Visa noted that the growth of AI agent payments is driving demand for low-cost, high-frequency machine-native payment infrastructure, and stablecoins and blockchain networks are likely to become key components of micro-payment scenarios. The report concludes that future payment systems will not see a single replacement of bank cards or stablecoins, but rather a convergence of both across different use cases.
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Asset management firm Fidelity International said it plans to rebuild its gold positions trimmed earlier this year, noting that gold’s long-term growth drivers remain strong. Fidelity’s multi-asset portfolio manager Ian Samson recently stated: “Our plan is to add to gold positions again; the only question is timing.” He added that he cut his gold allocation to a neutral level between January and February this year, a period when gold’s multi-year bull market abruptly ended. Samson forecasts the gold market will re-enter a bull market at some point in 2027. The logic behind a return to a bull market would only be undermined if “governments return to fiscal discipline and central banks are truly committed to bringing inflation back down,” he said, adding: “But I don’t think we are in that world right now.” Samson also noted that central banks’ continued gold purchases—a key driver of the previous gold bull market—will continue to underpin gold prices. (Source: Jin10)
$250 million in new liquidity has been added to the Solana blockchain, according to a recent report by @martypartymusic on social media. This development is attributed to Circle, the issuer of USDC, minting the stablecoin directly onto the network. The injection of capital is expected to bolster the infrastructure supporting decentralized finance (DeFi) protocols and exchanges operating within the Solana ecosystem. Market observers are noting this move as a potential indicator of increasing institutional interest in Solana as a robust platform for dollar-backed assets.
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The additional liquidity has been detected by on-chain monitoring services such as SolanaFloor and Whale Alert, which track significant blockchain transactions. This injection aligns with Solana’s strategy as a leading stablecoin hub, comparable to Ethereum and Base. As a result, market participants appear to be considering the implications of this liquidity boost on Solana’s price trajectory, particularly in the context of its ability to reach $90 in July.
Key Takeaways The addition of $250 million liquidity on Solana suggests potential support for increased market activity and institutional interest. Pricing in prediction markets appears consistent with scenarios where Solana’s price reaches $90 in July, reflecting moderate optimism. The transaction may indicate Solana’s growing appeal as a settlement layer for stablecoins, reinforcing its competitive position. What to Watch Market participants will be closely monitoring Solana’s price movements in the coming weeks, particularly any approach towards the $90 mark by the end of July. Key developments that could further influence market sentiment include potential upgrades to the Solana network, significant ETF inflows, or new financial products approved by regulatory bodies. Additionally, any macroeconomic shifts or regulatory changes affecting the crypto market could impact Solana’s ability to maintain or exceed current price expectations.
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Term Structure
Contract Odds Δ since publish Volume 24h August 1 2026 18.5% — — View market → August 1 2026 0.5% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.3% — — View market → August 1 2026 1.5% — — View market → August 1 2026 0.9% — — View market → August 1 2026 4.3% — — View market → August 1 2026 0.5% — — View market → August 1 2026 6% — — View market → August 1 2026 0.1% — — View market → August 1 2026 1.6% — — View market → August 1 2026 0.1% — — View market → August 1 2026 36% — — View market →
Solana has become the No. 1 blockchain by RWA holders after the network surpassed 300,000 RWA holders for the first time.
Data from rwa.xyz shows Solana now has 300,130 RWA holders, a new all-time high that puts the network ahead of other major blockchain ecosystems by holder count. The milestone adds to a string of records for Solana's growing tokenized asset market in 2026.
Solana's RWA Market Holds Above $3 Billion The total value of distributed real-world assets on Solana currently stands at approximately $3.32 billion. At the start of July, the ecosystem reached another milestone when its total RWA value briefly rose to an all-time high of $3.62 billion.
Solana now hosts more than 2,120 different kinds of RWAs, highlighting the expanding range of tokenized products available on the network.
Stablecoins still account for the largest share of tokenized asset value. However, tokenized equities, private credit products and other institutional assets continue to gain traction as issuers and financial platforms expand their onchain offerings.
The growth in the number of holders suggests the expansion has also begun to reach a broader user base. Solana now leads Plume, Ethereum, and BNB Chain by the number of RWA holders, and is now gradually closing the gap to Ethereum in terms of total RWA market value.
Tokenized Equity Trading Hits $3.47 Billion Record Tokenized equities have emerged as one of the fastest-growing parts of Solana's RWA ecosystem. Solana recorded $3.47 billion in tokenized equity spot trading volume in June 2026, marking a new monthly all-time high. The network also captured more than 96% of tokenized equity trading volume across blockchains during the month.
June's volume represented a sharp acceleration from previous months, and the figures show that Solana's RWA growth now extends beyond assets simply existing onchain. Traders are increasingly using the network as a venue for secondary market activity in tokenized stocks.
Wall Street Pushes Tokenization Solana's latest records come as traditional financial institutions accelerate their own tokenization efforts. Earlier today, July 15, the Depository Trust & Clearing Corporation successfully converted securities held at the Depository Trust Company into tokens and used them in real production trades. More than 30 traditional and digital market firms participated in the initiative, which DTCC described as its largest tokenization production effort by use cases, asset classes, and participants.
The tests covered collateral pledges, securities lending, U.S. Treasury and repo delivery-versus-payment trades, equity trades, token transfers and central counterparty margin workflows. Participants included BlackRock, Goldman Sachs, J.P. Morgan, Nasdaq, the New York Stock Exchange, Circle, Chainlink, Ondo Finance, Vanguard and several other major financial and digital asset firms.
DTCC plans to launch its Tokenization Service in October 2026. The service will allow DTC participants to create tokenized representations, or digital twins, of securities held at DTC and deliver them to approved wallets. Participants can also convert assets between traditional and tokenized forms.
A similar two-way mechanism is already live on Solana through some tokenized stock products offered by Backpack. Holders can redeem tokenized stocks for the underlying shares and transfer those shares to traditional brokerage accounts. Eligible shares can also move in the opposite direction, allowing investors to convert conventional securities into tokenized shares on Solana.
The mechanism also accounts for dividends and corporate actions. Traditional brokerage infrastructure processes these events for securities held through Backpack Securities, while tokenized stockholders receive equivalent economic treatment through onchain mechanisms.
Airbnb CEO Brian Chesky recently argued that something meaningful is emerging beneath the noise around RWAs, saying, “Most people won’t notice the plumbing change underneath. They’ll just wake up one day and owning anything, anywhere, will feel obvious.”
Chesky’s comments reflect a broader shift in how major figures in the technology and financial industries view tokenization. Rather than treating RWAs solely as a crypto trend, more established players are exploring how blockchain infrastructure could change the way people issue, hold, and transfer ownership of real-world assets.
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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.
Arsenal centre-back William Saliba will miss an estimated 4-5 months after undergoing surgery for a back injury sustained during the FIFA World Cup semi-final against Spain on July 14. The 25-year-old was forced off the pitch after roughly 30 minutes, reportedly telling teammates “my back is gone” before hobbling down the tunnel.
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The injury and what it means for Arsenal Saliba’s back problems didn’t materialize out of thin air. Reports from as early as June 2026 indicated that the French international had been managing a persistent lower back issue, with some sources suggesting the problem stretches back roughly three years. Arsenal’s medical staff was already aware of the situation heading into summer preparations for the 2026/27 season.
The expected 4-5 month recovery window puts Saliba’s return somewhere around November or December 2026. Arsenal will likely begin their Premier League campaign in August without one of their most important players, and they could be without him for much of the first half of the season.
A meme token enters the chat A Solana-based meme token called SALIBA was launched around mid-June 2026, before the World Cup injury even occurred. The token carries extremely low trading volume and has no official connection to the player himself.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana (SOL) is poised to reclaim its $250 all-time high, according to one long-term analysis of the 3-day SOL/USDT higher-timeframe chart.
Solana chart forecasts strong upside momentum to $250As seen in the chart below, Solana appears to be carving out a robust, long-term accumulation pattern that could catalyze massive upward momentum. The analyst emphasizes “zooming out” to filter out minor market volatility and focus through a macroscopic lens.
Source: X
At the time of writing, SOL was trading at $77.51, implying that a move to $250 would require a 220% increase. To achieve this, SOL buyers must first aggressively absorb supply to overcome several resistance zones.
Source: CoinMarketCap
The first is the $79-$85 congestion zone, where more than 105 million tokens have historically changed hands. Breaking past this zone would invalidate near-term bearish movement and build confidence around a breakout to $250.
Another key resistance zone is the $100 psychological barrier, which is currently a multi-month ceiling. Crossing above the three-figure mark would pave the way for a mid-term extension to $120-$150, and eventually to $200.
Ecosystem developmentsSince October 2025, institutions have been continuously applying for Solana exchange-traded funds (ETFs). Just yesterday, Morgan Stanley updated its filing for a Solana ETF with the US Securities and Exchange Commission (SEC).
Even more, while Ethereum leads in terms of asset tokenization, institutions prefer Solana for its high throughput and lower gas fees. The network also eliminated any chance of outages through last year’s Firedance upgrade. Even more, Solana offers a unique staking advantage in its ETFs as compared to Ethereum.
Beyond sustaining high trading volumes, these developments are key to maintaining the magnitude of the rally mentioned above.
The outlookThat said, Solana could experience near-term resistance and consolidation, even as long-term structural momentum continues to brew.
Additionally, Solana buyers need to maintain prices above the $74-$75 baseline to invalidate false breakdowns and establish a springboard for localized rebounds. Should this fall through, the lower Bollinger Band suggests a deeper retest down to $68.57. Prolonged trading below $70 has historically led to price consolidation in a strict range prior to recovery.
Story Ends Here
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A collection of clay dinosaurs just stomped past two of the NFT world’s most recognizable names. Claynosaurz, a Solana-native project featuring 10,222 animated dino characters, has climbed to a market capitalization between $19 million and $20.3 million, edging out both Milady Maker and Azuki in total market value.
For context, Milady Maker currently sits at roughly $19.7 million in market cap, while Azuki has dropped to somewhere between $16.7 million and $17 million.
What’s driving the surge The catalyst here is straightforward: Claynosaurz announced an upcoming brand launch on Amazon Prime Video. That single piece of news sent the collection’s floor price rocketing to approximately 25 SOL, a significant premium over its original mint price of 10 SOL back when the project launched on November 26, 2022.
Trading volume reflected the excitement. The collection’s 7-day volume hit roughly 6.5K SOL following the Prime Video announcement.
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How the competition stacks up Milady Maker, with its distinctive anime-inspired PFPs and deeply online cult following, holds a floor price of approximately 1 ETH. Azuki, once one of the most hyped anime-themed collections in the space, has a floor around 0.87 to 0.9 ETH.
Here’s the thing. Market cap in NFTs isn’t calculated the same way as for tokens. It’s typically floor price multiplied by total supply, which means a single collection’s valuation can swing wildly based on the cheapest available listing.
Beyond JPEGs: the Claynosaurz ecosystem play The project has established a gaming partnership with Gameloft, one of the largest mobile game publishers in the world. Beyond gaming, Claynosaurz has pushed into merchandise and animation, with the Amazon Prime Video deal representing the culmination of that entertainment-first strategy.
The team is also planning an additional NFT drop on the Sui blockchain, scheduled for May 2025.
Not everything in the Claynosaurz universe is thriving, though. The project’s related token, Claynosaurz Strategy (CNZSTRAT), has a market cap under $100K and shows minimal trading activity. The gap between the NFT collection’s valuation and its associated token suggests investors are betting on the IP and collectibles, not on a token-driven economic model.
What this means for investors Solana’s role in this story matters too. The chain has been steadily building its NFT infrastructure and attracting projects that prioritize low transaction costs and fast settlement. A Solana collection overtaking Ethereum stalwarts in market cap is a data point worth watching, especially as Ethereum’s NFT trading volumes have remained subdued compared to their 2021-2022 peaks.
Traders should be watching 7-day volume trends closely in the coming weeks. The May 2025 Sui drop is also a potential inflection point for the cross-chain strategy.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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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.
OKX, the prominent crypto exchange, has recently introduced Unified Tokenized Stocks. Particularly, OKX is offering round-the-clock trading availability for U.S. exchange-traded funds (ETFs) and stocks. As per OKX’s official press release, the exclusive offering permits consumers to gain seamless exposure to well-known equities via blockchain-native assets that are traded on its spot market. Hence, the move allows the crypto exchange to eliminate the restrictions of conventional Wall Street trading hours while also delivering uninterrupted interaction with the market.
Blue-chip US stocks deserve more than Wall Street hours.
Introducing Stock and ETF tokenized markets – global trading 24/7
We're the first global exchange to launch unified tokenized stock markets, built to bring multiple issuers into shared liquidity.
— OKX (@okx) July 15, 2026 OKX Introduces 24/7 Inclusive Tokenized Stock Market Supporting X Layer and Solana The launch of Unified Tokenized Stocks with 24/7 availability positions OKX as the earliest crypto exchange that provides an inclusive tokenized stock ecosystem. With this move, investors can effectively trade diverse tokenized ETFs and equities with the use of $USDT whenever required, including holidays and weekends.
Specifically, the new initiative lets consumers trade tokenized versions of leading ETFs and stocks, with every asset ticker starting with an “X” prefix. The key examples include Apple’s XAAPL, NVIDIA’s XNVDA, and Tesla’s $XTSLA. The tokenized forms of the stock that diverse providers issue can reportedly be consolidated into an inclusive tradable asset on the crypto exchange. This develops a shared liquidity setting and a streamlined corporate-action model.
At the product’s launch, it is supported by xStocks and backs withdrawals and deposits on both the X Layer and Solana networks. $USDT is used to quote trading pairs, permitting crypto-native consumers to enjoy stock market exposure while facing no need to convert funds into local fiat currencies or open a conventional brokerage account.
Bridging Crypto Markets with Traditional Finance Apart from that, the 24/7 availability is a crucial element of the latest marketplace. While conventional U.S. equity markets work during particular trading sessions, the new initiative remains operative without any time limitations. Outside of the normal market hours, prices are determined through the exclusive closing values merged with exclusive market estimates.
With this structure, traders can react rapidly to macroeconomic developments, earnings announcements, and other key news events irrespective of the time of their occurrence. Simultaneously, the dividend distribution is another notable feature that enables reinvestment of the value at the issuer scale instead of direct dividend payment in cash.
In this respect, trading operations continue without any interruption. Keeping this in view, Unified Tokenized Stocks provides price exposure to the core ETFs and stocks rather than granting the underlying companies’ ownership. Overall, the launch is anticipated to broaden blockchain-powered access to conventional financial markets to further fill the gap between traditional equities and digital assets.
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Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Hyperliquid (HYPE) strengthened its position among decentralized trading platforms this week, as the token maintained a bullish outlook amid recent market consolidation. Analysts observed a consistent uptrend in HYPE, noting that its growing trading activity and strong fee generation signal increasing adoption and long-term growth potential.
HYPE price trends and resistance levelsHYPE traded at $68.37 with a 24-hour trading volume of $431.18 million and a market capitalization of $17.3 billion. The token recorded a 5.27% gain in the past day, reflecting investor optimism and renewed buying activity.
Renowned crypto analyst Michael van de Poppe commented that HYPE has maintained a bullish technical structure despite a temporary dip below its 21-day and 50-day moving averages. He noted that the recent retracement appears to be short-term consolidation, as buyers continue to protect essential support levels, indicating the market remains favorable for further upside movement.
Market analysts emphasized that if HYPE convincingly breaks above the $68.88 resistance level, the token could initiate another bullish move, potentially testing previous highs.
Technical indicators suggest that, should the breakout hold, HYPE may advance toward the $100 price mark. However, the outcome will depend on the prevailing market sentiment and the token’s ability to maintain upward momentum.
Hyperliquid’s fee revenue surpasses major blockchainsBeyond price action, Hyperliquid’s rising protocol fees demonstrate its expanding influence among decentralized exchanges. Data from Hyperliquid Daily reported that the platform collected $2.4 million in protocol fees within the past 24 hours, outpacing established blockchains such as Solana, Ethereum, BNB Chain, Robinhood, and Lighter.
This substantial fee revenue highlights Hyperliquid’s ability to attract high trading volumes and participant activity, reinforcing its market leadership in decentralized perpetual trading.
Analysts attribute this growth to increased demand for Hyperliquid’s products and traders’ preference for its platform. The platform’s decentralized architecture and competitive features have drawn a growing user base, leading to consistent fee growth.
Mini dictionary: Hyperliquid is a decentralized trading platform focused on perpetual contracts, enabling traders to engage in leveraged trading with a transparent, non-custodial system. Protocol fees are service charges collected from transaction execution on the network, which contribute to the platform’s revenue.
PlatformDaily Fee RevenueHyperliquid$2.4 millionSolanaBelow $2.4 millionEthereumBelow $2.4 millionBNB ChainBelow $2.4 millionRobinhoodBelow $2.4 millionLighterBelow $2.4 millionMarket outlook: Next targets for HYPEWith positive market momentum and strong fee revenues, analysts project an upward trajectory for HYPE if the bullish breakout is confirmed. Current resistance may create temporary consolidation, but a move above this barrier could extend the recent rally, drawing further attention to the token.
Should HYPE surpass the crucial resistance, technical forecasts anticipate a potential climb towards the $100 level, provided investor sentiment remains supportive.
The broader crypto market has also shown positive signals, as BTC’s price recovery supports increased interest in alternative tokens like HYPE. Market participants are looking to see if HYPE can sustain its lead in daily revenue and continue its rise.
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.
Visa has released a joint research report with Artemis titled *Agentic Payments from the Ground Up*, which analyzes the development of AI agent payments and on-chain data. The report divides AI agent payments into two main categories: one is "large commercial payments" where agents complete tasks such as flight bookings and subscription management on behalf of users; the other is small-value machine-to-machine payments, including API calls and compute resource purchases, typically under $1. The machine payment protocol x402—incubated by Coinbase and Cloudflare and later managed by the Linux Foundation—has processed an adjusted trading volume of approximately $15 million and around 109.6 million cumulative transactions since its launch in May 2025, with primary activity concentrated on the Base, Solana, and Polygon networks. Another machine payment protocol, the Machine Payments Protocol (MPP), built by Stripe and Tempo with contributions and support from Visa, has completed roughly $25,000 in settlements and processed about 115,000 transactions since its launch in March 2026. Visa noted that the growth of AI agent payments is driving demand for low-cost, high-frequency machine-native payment infrastructure, and stablecoins and blockchain networks are likely to become key components of micro-payment scenarios. The report concludes that future payment systems will not see a single replacement of bank cards or stablecoins, but rather a convergence of both across different use cases.
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Fidelity International plans to resume increasing its gold holdings, stating that its long-term bullish thesis for gold remains unchanged.
Asset management firm Fidelity International said it plans to rebuild its gold positions trimmed earlier this year, noting that gold’s long-term growth drivers remain strong. Fidelity’s multi-asset portfolio manager Ian Samson recently stated: “Our plan is to add to gold positions again; the only question is timing.” He added that he cut his gold allocation to a neutral level between January and February this year, a period when gold’s multi-year bull market abruptly ended. Samson forecasts the gold market will re-enter a bull market at some point in 2027. The logic behind a return to a bull market would only be undermined if “governments return to fiscal discipline and central banks are truly committed to bringing inflation back down,” he said, adding: “But I don’t think we are in that world right now.” Samson also noted that central banks’ continued gold purchases—a key driver of the previous gold bull market—will continue to underpin gold prices. (Source: Jin10)
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A trader, after incurring total losses of $4.89 million, took a large long position in BTC and currently holds a BTC long position valued at $5.43 million.
According to OnchainLens monitoring, a trader who has suffered a total loss of $4.89 million has once again taken a heavy long position. Currently, the trader holds 84 BTC long positions worth approximately $5.43 million with 40x leverage. The account also holds long positions in HYPE valued at around $290,000 and long positions in PUMP worth roughly $148,000. Additionally, the trader has placed a limit buy order for 6.56 BTC, worth about $424,000, at a price of $64,600.
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Yesterday, U.S. Bitcoin spot ETFs recorded a net inflow of $107.7 million, while U.S. Ethereum spot ETFs saw a net inflow of $53.9 million.
According to data from Farside Investors, U.S. spot Bitcoin ETFs saw a total net inflow of $107.7 million yesterday. Among them, BlackRock’s IBIT attracted $80.8 million, Fidelity’s FBTC recorded $16.9 million in net inflows, Grayscale’s Bitcoin ETF posted $10 million, while all other ETFs had zero net flows for the day. In the same period, U.S. spot Ethereum ETFs totaled a net inflow of $53.9 million. Breakdown shows BlackRock’s ETHA brought in $45.3 million, ETHB had $4 million, Grayscale’s Ethereum ETF recorded $4.6 million, with all other ETFs registering no net inflows on the day.
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South Korean media reported that Jensen Huang highly praised SK Hynix for its listing on the Nasdaq.
According to South Korean media reports, SK Hynix has raised a massive sum of up to 40 trillion won (approximately $307.6 billion) via its listing on the U.S. Nasdaq market, with the goal of consolidating its leadership in the artificial intelligence (AI) semiconductor market. Jensen Huang, CEO of NVIDIA (NVDA.O) — the global leader in the AI chip sector — extended warm congratulations on the listing. Per industry sources, on July 16, after concluding an event held in Tokyo, Japan, the day before, Huang expressed extreme delight over the listing of SK Hynix's American Depositary Receipts (ADRs), calling it "extremely successful". (Jinshi)
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Analysis: Changxin Technology’s profit range for winning one IPO lot is estimated to be between 3,000 yuan and 26,000 yuan.
According to Cailian Press, investors who win the IPO allotment for Changxin Technology’s current offering will receive one lot of 500 shares, requiring a total payment of 4,330 yuan. Under four valuation scenarios—conservative, neutral, optimistic, and ultra-optimistic—Changxin Technology’s valuation would reach 1 trillion yuan, 1.5 trillion yuan, 2.3 trillion yuan, and 4.25 trillion yuan respectively. Based on the estimated market capitalization range of 1 trillion to 4 trillion yuan, its first-day post-listing price increase is projected to fall between 70% and 600%. Compared to the issue price of 8.66 yuan, the profit potential per lot is approximately 3,000 yuan to 26,000 yuan.
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Bank of America Market Survey: Majority of investors do not believe the AI bull market has peaked, with the rally set to continue in the second half of the year.
Bank of America (BofA)’s latest investor survey reveals market sentiment toward AI capital expenditure is growing more nuanced. Most investors do not think the AI spending boom has peaked, and still expect this wave of expenditure to continue in the second half of the year. At the same time, concerns are rising over hyperscalers’ excessive spending pace, debt pressure and credit risks. The survey shows investors are not broadly betting on the end of the AI cycle. Instead, the market still believes large platforms including Microsoft, Amazon, Alphabet and Meta will keep expanding investments in data centers, GPUs and power infrastructure. The problem is that the pace of capital expenditure growth has become so fast that some investors are starting to worry about free cash flow, share repurchase capacity and balance sheet flexibility. Per BofA’s survey methodology, AI has evolved from a pure growth story to a capital discipline issue. Over the past two years, the market rewarded companies for heavy AI investments; now, investors are starting to question the return periods of these investments, depreciation pressures, and whether cloud providers will be forced into overbuilding amid competition.
Solana has registered its first SuperTrend buy signal in over nine months, signaling a potential shift in sentiment after a prolonged period of weak price performance. On Coinbase’s daily chart, the SOL token traded near $77.73, staying above recent lows but still contending with significant resistance levels ahead.
SuperTrend buy signal appears after long downtrendAnalyst Ali Charts highlighted that Solana turned bullish following the Average True Range (ATR) trailing stop indicator flipping below price. The ATR is a widely monitored technical measure that tracks market volatility, offering traders insights into trend changes.
This marks the first SuperTrend buy signal for Solana since October 10, according to Ali Charts. SuperTrend, a volatility-based trend-following technical indicator, can signal potential shifts in control between buyers and sellers when paired with tools like ATR.
Ali Charts noted that if buyers manage to sustain momentum, Solana could rally toward $96 or even $121. However, a reversal below the $60 mark would undermine this bullish scenario.
Recent analysis highlighted that Solana’s ATR trailing stop has flipped below price for the first time since October, marking a significant SuperTrend buy signal and opening the way for potential rallies to $96 or even $121 if buying momentum builds, with $60 remaining the key risk level.
While such signals can provide clearer levels for traders to monitor, confirmation through consistent buying pressure remains necessary. A single technical signal does not guarantee a sustained rally without additional supporting momentum.
Mini dictionary: Ali Charts — A well-known crypto market analyst recognized for his technical price analyses, often referenced by traders across the digital asset market.
Key resistance and recovery targets in daily chartOn daily timeframes, Solana has maintained support in the $75 to $78 range. The immediate resistance zone lies between $80 and $85. A clear breakout above this area could signal increased buyer strength and potentially pave the way for challenges of the $90 to $100 region.
Solana still trades beneath the $121.40 Fibonacci retracement level, viewed by many traders as a major recovery milestone. Additional resistance levels must be overcome for the wider recovery to take shape, so any push toward $121 will require sustained bullish momentum.
LevelSignificance$60Main support, invalidation for bullish outlook$75-$78Current support range$80-$85Immediate resistance band$96First major bullish target$121Key Fibonacci recovery level$60 support remains in focus for SOLAnalysts view the $60 area as crucial support for the current bullish thesis. Should SOL retreat below this level, it could reintroduce downside risks, with the lower $58.64 level potentially coming back into play.
Despite the fresh buy signal, daily momentum indicators remain mixed. The MACD histogram continues to print slight negativity while the Relative Strength Index (RSI) stays around 53.43 — only marginally above neutral territory. A rise in RSI above 55 or 60 would bolster confidence in the recovery; until then, traders remain cautious and focused on price confirmation above resistance.
In summary, market participants are watching SOL’s performance at $80, $96, and $121, while remaining alert to the risk that a move below $60 could invalidate the current short-term bullish structure.
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 price has climbed to around $78 on July 15 after a 250 million USDC mint on the network, combined with softer U.S. inflation data, injected fresh buying momentum across crypto markets.
Summary
Solana price jumped toward $78 after a 250 million USDC mint boosted on-chain liquidity and risk appetite improved. Technical charts show a breakout above a descending channel, with $80 emerging as the next key resistance. Rising active addresses, institutional developments, and liquidation clusters support upside, while $70-$75 remains critical support. The move gathered pace after the USDC Treasury minted 250 million USDC on Solana, adding immediate liquidity to the ecosystem as traders returned to risk assets following the latest U.S. inflation print. Capital quickly rotated into Solana-based decentralized exchanges, helping SOL recover from recent weakness while the wider crypto market also moved higher.
Earlier selling pressure had left Solana trading well below its May highs as geopolitical tensions, institutional distributions and weaker on-chain activity weighed on sentiment.
Today’s rebound, however, arrives with stronger participation. Daily trading volume has climbed above $2.1 billion, suggesting buyers, rather than short-term speculation alone, have supported the advance.
Technical structure favors another test of $80 The daily chart shows Solana (SOL) price holding above a long-standing support area between $70 and $75 after repeatedly defending that range over recent weeks. Price now trades above the 20-day and 50-day moving averages near $73.3-$74 while remaining below the declining 100-day moving average around $80.3 and well beneath the 200-day moving average near $91.
Solana daily price chart — July 15 | Source: crypto.news A sustained close above the 100-day average would expose the psychologically important $80 level before opening room toward the May swing high near $82.
The 4-hour chart adds another constructive development. SOL has broken above a descending channel that had contained price action since early July, while the RSI has recovered to roughly 52 after bouncing from oversold territory.
Solana 4-hour price chart — July 15 | Source: crypto.news The Aroon Up reading near 93 also holds well above the Aroon Down line, suggesting buyers currently control short-term momentum, although resistance remains concentrated just below $80.
Derivatives positioning reinforces that technical picture. CoinGlass liquidation data shows dense short liquidation clusters stacked between $78.5 and $80, with another concentration extending toward $81.5.
Solana liquidation heatmap | Source: CoinGlass A decisive push through those levels could trigger forced buying from bearish positions, while the largest long liquidation pockets remain clustered around the $76-$76.5 region, making that zone an important area for bulls to defend.
Commenting on the latest setup, analyst Ali Martinez argued that Solana has regained a bullish structure after its SuperTrend indicator flipped positive for the first time since October. He wrote:
“If buying pressure continues to build, $SOL could rally toward $96 or even $121. However, $60 remains the key level to watch.”
Outside the charts, network fundamentals have also improved. Active addresses have climbed toward seven million, while anticipation continues to build ahead of the Alpenglow upgrade, which is expected to reduce transaction finality to around 150 milliseconds later this quarter.
Solana has also strengthened its institutional footprint through its partnership with SBI Holdings to expand on-chain financial infrastructure in Japan, while tokenized real-world assets on the network have grown to roughly $3.3 billion.
A break below key support would weaken the bullish outlook Bullish momentum still faces several hurdles. The declining 100-day moving average around $80 represents the first major technical barrier, and failure to clear that level could keep SOL trapped inside its multi-week consolidation range.
A return below the 20-day and 50-day moving averages would shift attention back to the $75 support area, where leveraged long positions remain concentrated.
Macro risks also remain unresolved. Fresh geopolitical tensions, another rise in Treasury yields, or stronger-than-expected U.S. economic data could reduce expectations for monetary easing and pressure risk assets across the crypto market.
If selling accelerates and Solana loses the $70-$75 support zone, the bullish breakout thesis would weaken considerably, while Ali Martinez’s longer-term invalidation level near $60 would return to focus.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
G2 Esports opened the Esports World Cup 2026 with a 1-0 victory over FURIA.
A Solana bet that aged very well Around 2023, G2 Esports put roughly €3.2 million into Solana tokens. That position has since grown to an estimated €16 million, representing a roughly 400% increase in value.
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This isn’t G2 accidentally stumbling into crypto. The organization has an active sponsorship deal with Betpanda, a crypto-focused betting platform, suggesting the team views digital assets as a structural part of its commercial strategy rather than a one-time experiment.
The Esports World Cup becomes a crypto showcase The Esports World Cup 2026, held in Riyadh and organized by the Esports Foundation, is running with a total prize pool of $75 million. Coinbase and Bitget are among the sponsors attached to the EWC 2026.
The tournament has also integrated prediction markets, with platforms including Coinbase Predictions and Kalshi offering wagering on match outcomes.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
According to monitoring by OnchainLens, a trader has taken large long positions on Hyperliquid, with a total position value of $13.31 million. Current holdings: Bitcoin worth $5.87 million, 40x leverage, average entry price of $65,473; Solana (SOL) worth $5.5 million, 20x leverage, average entry price of $78.8; Ethereum worth $1.93 million, 25x leverage, average entry price of $1,939.
Crypto clearing startup Glacis Labs has closed a $6.8 million seed round. The round was led by Lightspeed Faction, with participation from Franklin Templeton, Coinbase Ventures, A.GAIN (formerly IDC Ventures), Protein Capital, and Techni Ventures, structured as an equity-plus-token warrant deal. The funding will primarily be used to expand its core product, the ZeroDelta platform, and support the growth of its engineering, compliance, and marketing teams. ZeroDelta is a multi-chain clearing platform that facilitates matching, netting, and final settlement of cross-chain digital assets. It currently focuses on serving stablecoins and has processed over $1 billion in cumulative trading volume to date.
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The United States will issue a $1 Trump gold coin to commemorate the 250th anniversary of its founding.
US Treasury Secretary Scott Bessent announced today that the U.S. Mint will produce a $1 commemorative "gold coin" — gold in appearance but containing no actual gold or precious metals — to mark the 250th anniversary of the founding of the United States. The obverse features a portrait of President Trump in a suit and tie, paired with the inscriptions "LIBERTY," "IN GOD WE TRUST," and the dates 1776-2026; the reverse displays the U.S. Great Seal eagle, marked with "$1" and "250." The coin is expected to be released this fall. The move breaks the longstanding tradition that living presidents typically do not appear on U.S. currency, with Bessent describing it as a "lasting symbol of patriotism" and "a commemoration of the legacy of freedom."
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Trump: Data centers are a cash cow and one of the largest drivers of future job growth.
Trump posted that data centers are one of the biggest drivers of future job growth. They are large-scale, powerful, and have broad prospects, serving as cash cows for their respective states. However, for political reasons, the Governor of New York State terminated all data center projects under construction or planned in New York. These companies are now flocking to Alabama, Florida, Texas, Arizona, and many other states. The tax revenues and jobs brought by data centers are truly a huge source of wealth! New York State has made a bad decision. All this revenue and other benefits will flow to so-called "red states" (states dominated by the Republican Party) and some "blue states" (states dominated by the Democratic Party). These states not only have lower taxes but also can create record job opportunities. They will bear their own water and electricity costs, and the remaining funds will be returned to state governments and local communities. For the states and communities fortunate enough to secure data centers, these facilities are undoubtedly huge assets. New York State should immediately reverse its policy. We must never allow radical left-wing Democrats to make us lose data centers, artificial intelligence, and all these amazing new technologies, letting them fall into the hands of other countries!
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Goldman Sachs' View: Storage Market Shows Structural Shifts, Partial Replacement of DRAM by NAND for Cost Reduction Becomes a Practical Trend
Citirni analyst Jukan referenced Goldman Sachs’ monthly conference call remarks on the memory sector, noting clients’ strong resistance to DRAM price hikes approaching 30%, leading to a modest downward revision of third-quarter DRAM price growth expectations. Meanwhile, the outlook for NAND has grown more optimistic: AI-related KV cache offloading demand continues to exceed expectations, paired with an emerging trend of using NAND to replace expensive DRAM, further supporting NAND demand. The analyst holds a positive view on SK Hynix’s second-quarter performance, projecting revenue of approximately 85 trillion won and a gross margin of 63%. Relevant stocks include SK Hynix, Micron, and SanDisk. The commentary also reveals structural shifts in the memory market. Previously, explosive HBM demand from AI servers drove DRAM prices soaring, but once price increases hit the 30% threshold, clients began resisting further hikes, leading to a temporary slowdown in the pace of DRAM price growth. NAND is taking on a new role in AI infrastructure: KV cache is critical in inference scenarios, and using cheaper NAND to partially replace expensive DRAM to reduce costs is becoming a practical trend. This divergence also implies that internal capital rotation within the storage industry chain may continue; investors should exercise greater caution regarding short-term earnings expectations for DRAM-related stocks, while the fundamental improvement in the NAND segment may not yet be fully priced in.
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Kraken Launches Customized Crypto Vaults, Allowing Users to Earn Yields on Idle Bitcoin, Ethereum (ETH) and Stablecoins
Kraken Institutional has announced a partnership with on-chain yield platform Upshift, allowing qualified institutional clients to earn returns on idle Bitcoin, Ethereum, stablecoins and other crypto assets directly within Kraken’s compliant custody framework. Unlike traditional pooled vaults, Upshift will build dedicated, customized vaults for each client, fully tailored to their investment strategies, risk parameters, liquidity needs and asset portfolios. Assets will be allocated to these non-custodial vaults, then deployed to selected on-chain contracts, with clients’ segregated Kraken custody accounts receiving a receipt token.
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SpaceX falls below its $135 IPO price for the first time; US-listed space-related stocks decline across the board.
According to market data from BIT (bit.com), during U.S. stock intraday trading, SpaceX (SPCX) fell below its IPO price of $135 for the first time, currently trading at $133.6. U.S. space-related stocks declined across the board: AST SpaceMobile (ASTS) dropped 5.26%, Rocket Lab (RKLB) fell 3.4%, and Redwire (RDW) declined 3.4%.
CoinShares noted that Open USD, a stablecoin project driven by a banking-backed consortium, could directly impact Circle’s USDC distribution economic model and profit margins, as it plans to allocate reserve revenues to participating partners rather than retaining them primarily with the issuer. This mechanism may raise USDC’s costs for maintaining its circulation network and, following its launch in the second half of 2026, exert more substantial competitive pressure on Circle. However, CoinShares also pointed out that Open USD has not yet officially launched, with key details such as its reserve structure and fee model still undisclosed. By contrast, USDC retains existing advantages including liquidity, exchange platform integration, decentralized finance (DeFi) and payment scenario integration. Thus, Open USD is currently viewed as a credible challenger to USDC, though its actual impact remains unproven. On July 1, Open Standard announced the launch of Open USD (OUSD), a new stablecoin for global fund transfers, adding that over 140 enterprises have joined its ecosystem, spanning financial, payment and crypto industry players including Visa, Stripe, Mastercard, American Express, BlackRock, BNY, DBS, Coinbase, OKX, MetaMask, Aave, Ripple, Fireblocks, Solana and Polygon. Open USD follows three core design principles: enabling zero-cost, large-scale minting and redemption for enterprises; returning all reserve asset yields to partners after deducting a small management fee; and being governed by a board comprising independent firm Open Standard and its partners, rather than controlled by a single issuer.
Crypto clearing startup Glacis Labs has closed a $6.8 million seed round. The round was led by Lightspeed Faction, with participation from Franklin Templeton, Coinbase Ventures, A.GAIN (formerly IDC Ventures), Protein Capital, and Techni Ventures, structured as an equity-plus-token warrant deal. The funding will primarily be used to expand its core product, the ZeroDelta platform, and support the growth of its engineering, compliance, and marketing teams. ZeroDelta is a multi-chain clearing platform that facilitates matching, netting, and final settlement of cross-chain digital assets. It currently focuses on serving stablecoins and has processed over $1 billion in cumulative trading volume to date.
3 hours ago
The United States will issue a $1 Trump gold coin to commemorate the 250th anniversary of its founding.
US Treasury Secretary Scott Bessent announced today that the U.S. Mint will produce a $1 commemorative "gold coin" — gold in appearance but containing no actual gold or precious metals — to mark the 250th anniversary of the founding of the United States. The obverse features a portrait of President Trump in a suit and tie, paired with the inscriptions "LIBERTY," "IN GOD WE TRUST," and the dates 1776-2026; the reverse displays the U.S. Great Seal eagle, marked with "$1" and "250." The coin is expected to be released this fall. The move breaks the longstanding tradition that living presidents typically do not appear on U.S. currency, with Bessent describing it as a "lasting symbol of patriotism" and "a commemoration of the legacy of freedom."
3 hours ago
Trump: Data centers are a cash cow and one of the largest drivers of future job growth.
Trump posted that data centers are one of the biggest drivers of future job growth. They are large-scale, powerful, and have broad prospects, serving as cash cows for their respective states. However, for political reasons, the Governor of New York State terminated all data center projects under construction or planned in New York. These companies are now flocking to Alabama, Florida, Texas, Arizona, and many other states. The tax revenues and jobs brought by data centers are truly a huge source of wealth! New York State has made a bad decision. All this revenue and other benefits will flow to so-called "red states" (states dominated by the Republican Party) and some "blue states" (states dominated by the Democratic Party). These states not only have lower taxes but also can create record job opportunities. They will bear their own water and electricity costs, and the remaining funds will be returned to state governments and local communities. For the states and communities fortunate enough to secure data centers, these facilities are undoubtedly huge assets. New York State should immediately reverse its policy. We must never allow radical left-wing Democrats to make us lose data centers, artificial intelligence, and all these amazing new technologies, letting them fall into the hands of other countries!
3 hours ago
Goldman Sachs' View: Storage Market Shows Structural Shifts, Partial Replacement of DRAM by NAND for Cost Reduction Becomes a Practical Trend
Citirni analyst Jukan referenced Goldman Sachs’ monthly conference call remarks on the memory sector, noting clients’ strong resistance to DRAM price hikes approaching 30%, leading to a modest downward revision of third-quarter DRAM price growth expectations. Meanwhile, the outlook for NAND has grown more optimistic: AI-related KV cache offloading demand continues to exceed expectations, paired with an emerging trend of using NAND to replace expensive DRAM, further supporting NAND demand. The analyst holds a positive view on SK Hynix’s second-quarter performance, projecting revenue of approximately 85 trillion won and a gross margin of 63%. Relevant stocks include SK Hynix, Micron, and SanDisk. The commentary also reveals structural shifts in the memory market. Previously, explosive HBM demand from AI servers drove DRAM prices soaring, but once price increases hit the 30% threshold, clients began resisting further hikes, leading to a temporary slowdown in the pace of DRAM price growth. NAND is taking on a new role in AI infrastructure: KV cache is critical in inference scenarios, and using cheaper NAND to partially replace expensive DRAM to reduce costs is becoming a practical trend. This divergence also implies that internal capital rotation within the storage industry chain may continue; investors should exercise greater caution regarding short-term earnings expectations for DRAM-related stocks, while the fundamental improvement in the NAND segment may not yet be fully priced in.
3 hours ago
Kraken Launches Customized Crypto Vaults, Allowing Users to Earn Yields on Idle Bitcoin, Ethereum (ETH) and Stablecoins
Kraken Institutional has announced a partnership with on-chain yield platform Upshift, allowing qualified institutional clients to earn returns on idle Bitcoin, Ethereum, stablecoins and other crypto assets directly within Kraken’s compliant custody framework. Unlike traditional pooled vaults, Upshift will build dedicated, customized vaults for each client, fully tailored to their investment strategies, risk parameters, liquidity needs and asset portfolios. Assets will be allocated to these non-custodial vaults, then deployed to selected on-chain contracts, with clients’ segregated Kraken custody accounts receiving a receipt token.
3 hours ago
SpaceX falls below its $135 IPO price for the first time; US-listed space-related stocks decline across the board.
According to market data from BIT (bit.com), during U.S. stock intraday trading, SpaceX (SPCX) fell below its IPO price of $135 for the first time, currently trading at $133.6. U.S. space-related stocks declined across the board: AST SpaceMobile (ASTS) dropped 5.26%, Rocket Lab (RKLB) fell 3.4%, and Redwire (RDW) declined 3.4%.
