Track market-moving stories before they get noisy

NEW YORK, July 18, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of purchasers of securities of Hub Group, Inc. (NASDAQ: HUBG) between April 28, 2023 and May 11, 2026, inclusive (the “Class Period”), of the important August 28, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Hub Group securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that Hub Group’s financial statements prepared for the periods from Q1 2023 to Q4 2024, including annual reports for 2023 and 2024, contained material misstatements—caused by the premature and incorrect recognition of certain transactions—concerning, inter alia, Hub Group’s operating revenue, operating income, revenue recognition, effectiveness of internal controls and procedures, and drivers of financial results and growth. In addition, Hub Group’s financial statements prepared for the periods from Q1 2025 to Q3 2025 contained material misstatements—caused by the understatement of purchased transportation costs and accounts payable —concerning, inter alia, Hub Group’s operating expenses, purchased transportation and warehousing expenses, operating income, effectiveness of internal disclosure controls and procedures, and drivers of financial results and growth. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Hub Group class action, go to https://rosenlegal.com/cases/hub-group-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

Table of contents

Astarter, a renowned Web3 infrastructure entity for AI agents, has partnered with Trikon, an AI-based Web3 operating system. The partnership endeavors to enhance the infrastructure backing independent AI agents within the Web3 network. As Astarter disclosed in its official announcement, the development merges its AI-powered Web3 operating system with the decentralized execution and compute capabilities of Astarter on BNB Chain. Hence, this combination of the strengths of both platforms is set to streamline blockchain interactions, specifically for AI-led applications, along with enhancing operational efficiency.

🤝 Astarter × Trikon

We're excited to announce our strategic partnership with @0xTrikon, the AI-native Web3 OS abstracting chains, wallets, and gas fees for seamless agent experiences.

Trikon routes agents anywhere, gaslessly, across chains. Astarter delivers the physical… pic.twitter.com/hiVuWGaCd7

— Astarter (@AstarterDefiHub) July 18, 2026 Astarter and Trikon Partner to Simplify Cross-Chain AI Agent Operations The partnership between Astarter and Trikon focuses on combining the AI-driven Web3 operating system with the BNB Chain-based decentralized infrastructure. This move attempts to remove the usual barriers like complicated wallet management, gas fees, and cross-chain navigation. Thus, while AI agents are gaining wider traction across the leading decentralized networks, this move is anticipated to deliver a relatively seamless basis for their execution and deployment.

In this respect, Trikon’s AI-powered Web3 operating system abstracts away the technical complications linked to blockchain usage. It also lets AI agents interact with diverse blockchain ecosystems without compelling developers or users to manually organize wallets, recompense gas fees, or bridge assets. Such a chain-agnostic and gasless approach attempts to permit independent agents to operate freely across diverse networks while keeping a seamless consumer experience intact.

Apart from that, Astarter plays a crucial role in providing the physical compute technology as well as the local execution infrastructure needed for diverse AI agents to run efficiently on BNB Chain. Rather than just facilitating communication between different blockchains, the platform delivers a computing setting where AI-led processes can settle transfers and complete tasks. This capability guarantees that the independent applications possess the computation support to execute real-world activities within decentralized settings.

Strengthening AI-Driven Inclusive Blockchain Infrastructure According to Astarter, the collaboration efficiently merges the intuitive routing technology of Trikon with its execution model. This creates a relatively inclusive infrastructure stack to facilitate AI agents. The joint initiative reflects a wider trend in the blockchain sector, where builders are increasingly developing infrastructure specified for independent AI systems instead of conventional dApps alone. Overall, both entities are set to streamline the whole lifecycle of AI-powered decentralized activities, including cross-chain interactions, transfer settlement, and more.

AUTHOR

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

Investor and technical analyst Jordan, alongside David Smith and analytics platform TradingView, have highlighted that Chainlink (LINK) is currently holding near-term support, with its price showing only minor fluctuations in recent sessions. Market participants are monitoring trading activity closely as LINK remains at pivotal technical levels.

LINK trading range and investor sentimentLINK is currently priced at $8.02, reflecting a modest weekly gain. The coin has traded within a tight range this month, recently testing an upper limit of $8.40 before returning to the $8 region. According to investor Jordan, his last purchase occurred at $8.10, and he does not anticipate selling within the next year. In the past 24 hours leading up to July 17, 2026, Binance recorded an average trading volume of about 1.19 million LINK tokens.

This level of activity signals moderate participation during a period of price consolidation. Charts reveal that after reaching a swing high, LINK has repeatedly dipped toward $8.00, suggesting steady but cautious investor behavior.

Over recent months, LINK’s price action has oscillated between well-defined boundaries. While short-term time frames indicate relative stability, medium-term perspectives point to occasional spikes in volatility.

PeriodPrice RangeTrading Volume (Binance, 24h)July 2026$7.90 – $8.401.19 million LINKPeak Period (2021)$8.00 – $52.00Over 2.5 million LINKMini dictionary: Chainlink (LINK) is a decentralized oracle network that enables smart contracts to securely interact with real-world data, providing essential connections between blockchain-based applications and external information sources.

Short-term technical indicatorsTechnical traders emphasize the importance of exponential moving averages (EMAs) for determining LINK’s immediate direction. The 10-day EMA currently stands at $8.16, while the 20-day EMA is close by at $8.20. These levels have historically acted as support, preventing the price from substantial declines in recent trading sessions. However, some minor dips below these support zones indicate intermittent buying pressure among short-term traders.

Investor Jordan stated that he remains confident, with no planned sales for the next twelve months, reflecting steady long-term conviction despite the price holding near support levels.

BravenewCoin reported that trading volumes have significantly decreased compared to periods when LINK’s price exceeded $52. Analysts are evaluating whether the current consolidation and support levels will trigger a reversal in the existing trend. The 50-day EMA, positioned at $8.35, is being watched closely as an indicator for sustained bullish momentum.

If LINK surpasses this level, some trading strategies suggest a potential for continued uptrend. Conversely, further consolidation could set the stage for a near-term retracement if critical support breaks.

Market structure and volatility outlookRecent trading puts the buying interest around $8.00, while selling pressure tends to emerge just above $8.25. Bollinger bands over the past week have reflected a tightly constrained trading range, indicating notably low volatility for LINK in the short term. The Fibonacci retracement from the latest swing high of $8.63 to $7.90 identifies a key support zone between $8.10 and $8.15.

Chainlink appears to be moving through a consolidation phase following last week’s rally. Trading dashboards on analytics platforms like TradingView are capturing evolving momentum as traders monitor volume, EMAs, MACD, and RSI for signs of a breakout or further range-bound activity.

The current $8.02 trading zone stands as a clear benchmark for supply and demand during this phase and offers insight into the balance between buyers and sellers at these levels.

Social sentiment and on-chain data continue to align with this stability. Investors such as Jordan maintain interest, even in the absence of short-term trading plans, indicating confidence in LINK’s prospects while liquidity remains balanced at these levels.

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.

England put four goals past France in the first 45 minutes of the 2026 FIFA World Cup third-place playoff on July 18, turning what was supposed to be a competitive consolation match into something closer to a training exercise.

Declan Rice opened the scoring in the 3rd minute. Ezri Konsa doubled the lead in the 18th. Then Bukayo Saka took over, netting twice to make it 4-0 before the halftime whistle. Saka’s second goal was the tournament’s 300th, a milestone that landed in Miami with the subtlety of a freight train.

The crypto infrastructure you didn’t see on the broadcast The 2026 World Cup marks the first time FIFA has an official crypto exchange supporter, and that partner is Kraken.

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Avalanche’s blockchain technology is powering FIFA Collect, the platform handling NFTs and digital ticketing for the tournament.

Chainlink’s oracle network is feeding real-time match data to prediction markets, including Polymarket. Every time someone places a bet on a halftime score or a match outcome using on-chain data, Chainlink’s LINK token is doing the plumbing work behind the scenes.

Fan tokens and prediction markets are having a moment Chiliz, the blockchain behind most major sports fan tokens, has seen increased trading activity for CHZ during the tournament. Fan tokens let holders vote on minor club decisions and access exclusive content.

Polymarket, which gained mainstream attention during the 2024 US presidential election cycle, has found a natural home in sports wagering. The difference from traditional betting is transparency: every position, every payout, every outcome is recorded on-chain. Chainlink’s oracles resolve those markets by pulling verified real-world results into smart contracts.

What this means for investors The tokens most directly tied to World Cup crypto infrastructure are AVAX, LINK, and CHZ. Each serves a different function in the ecosystem: Avalanche handles the collectible and ticketing layer, Chainlink provides the data oracle backbone, and Chiliz powers fan engagement tokens.

Fan token trading volumes tend to spike during tournaments and collapse afterward. Prediction market activity follows a similar pattern.

Kraken’s deal as the first-ever official crypto exchange supporter of FIFA is one data point worth watching. If that relationship extends beyond 2026 into the next tournament cycle, it signals that FIFA views crypto partnerships as a revenue category, not a one-off experiment.

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

Quanta Services is evolving from a construction contractor to a capacity brokerage firm, uniquely positioned across critical-path power delivery elements. PWR's integrated platform, in-house labor, and transformer capacity expansion underpin its ability to capture long-duration, high-value infrastructure projects amid industry constraints. 2026 guidance implies 22.7% revenue and 29.3% adjusted EPS growth, but valuation reflects a significant scarcity premium with a forward EV/EBITDA of 28.3x.

Nvidia went on an incredible run to become the world's most valuable publicly traded company, but its 11% year-to-date return looks pedestrian compared to some of the other AI stocks that have been capturing headlines in recent months.

The three growth stocks on this list all have exposure to the AI infrastructure build-out, and they've all outgained Nvidia so far this year. They also look well positioned to extend their rallies and outperform it in 2027.

Image source: Getty Images.

1. Monolithic Power Systems Monolithic Power Systems (MPWR +0.49%) produces power management systems that enable data centers to maintain continuous uptime without overloading AI chips. Power management systems work hand in hand with liquid-cooling solutions to keep chips and servers cool.

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The stock has rallied by more than 40% year to date as AI data centers' demand for the company's products has grown. Monolithic Power Systems' revenue increased by 26.1% year over year in the first quarter, and net income grew at a slightly faster rate.

While the company lists six business segments in its earnings results, two of them are doing most of the heavy lifting. Enterprise data is the main one. It accounted for about one-third of total sales, and it nearly doubled year over year. This part of the business addresses power management and integrated solutions for AI chips and servers.

The communications segment is the other big one. This part of the business focuses on telecom infrastructure, satellite systems, and networking equipment. Its top line was up by 55.5% year over year, and up 33.1% sequentially, thanks to AI tailwinds. It makes up 14% of total sales.

As these two hypergrowth parts of the business gain market share, Monolithic Power Systems should experience accelerating revenue growth. That should position the stock to outperform Nvidia again in 2027.

2. Astera Labs Astera Labs (ALAB 5.04%) creates rack-scale connectivity hardware and software for AI servers. Many hyperscalers are turning to the company for connectivity solutions that enable faster data transmission between AI chips and server clusters.

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Its revenue growth rates should prompt investors to give it a closer look. Sales almost doubled year over year in its first quarter, and its 14% sequential growth rate shows solid momentum. Double-digit percentage sequential revenue growth rates have become more common in the AI hardware space; for example, such a trend preceded Micron's incredible share price run.

Management's guidance is already pointing to meaningful growth from here. The $360 million midpoint of the guidance range for Q2 revenue implies 16.7% sequential growth. However, if recent history is any indicator, the actual growth rate may be closer to 20%. Astera Labs told investors to only expect up to $297 million in Q1 revenue, and yet it delivered $308.4 million.

Although the stock has almost doubled this year, it's also down by roughly 33% from its peak over the past few weeks, which presents a good buy-the-dip opportunity.

3. Cadence Design Systems Cadence Design Systems (CDNS 9.15%) is off to a slower start than the other AI stocks on this list. It's up by almost 20% this year, driven by wins in electronic design automation software and hardware among chipmakers. These solutions enable companies like Nvidia and Advanced Micro Devices to test and build semiconductors before sending their designs to the third-party foundries that manufacture them.

Its growth rates are more moderate than the other two picks, but it sports a record $8 billion backlog. Cadence Design Systems also told investors to expect 17% revenue growth for 2026.

Agentic AI is set to be a major tailwind for the company. Its technology makes it easier to design advanced AI chips that can handle more rigorous workloads than those currently in data centers. That makes it a key checkpoint for AI chips, and that market can support revenue growth and profit margin expansion, which in turn would make the stock more attractive.

/ / Euro Technical Forecast: EUR/USD Four-Week Standoff at Major Support Nears a Breakout EUR/USD is stuck in a range just above pivotal support as a four-week standoff enters a critical phase ahead of next week's ECB rate decision.

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Uniswap is about to flip the fee switch on its newest protocol version, and the community seems pretty enthusiastic about it. On-chain voting for two proposals that would activate protocol fees on select v4 pools across 11 chains is set to begin around July 19, 2026, following a temperature check where 93% of voters backed the move.

That temperature check, which ran from July 7-12, saw 13.9 million UNI vote in favor versus just 1 million against.

What the fee activation actually looks like The proposal targets three specific categories of v4 pools: static fee pools without hooks, continuous clearing auction pools, and aggregator hook pools. If you’re wondering what hooks are, think of them as customizable plug-ins that let developers tweak how liquidity pools behave. Uniswap v4, which launched on January 31, 2025, introduced this modular architecture as its signature feature.

The fee structures aren’t uniform across all pools. On Base, stablecoin pools would carry a 10 basis point fee. Certain aggregator hooks would get a 25x multiplier applied. The collected fees won’t just sit around on whatever chain they’re generated on. They’ll funnel into what Uniswap calls TokenJars on their respective chains before being bridged back to Ethereum.

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Once those fees land on Ethereum, they get directed to the 0xdead address for permanent burning, reducing total supply.

This isn’t Uniswap’s first rodeo with fee-driven burns. The December 2025 UNIfication vote initiated protocol fees for v2 and v3 pools, and the results have been tangible. Uniswap recently recorded a single-day burn of 186,000 UNI from v2/v3 fees alone. Now the protocol wants to extend that same economic engine to its latest version.

From governance token to deflationary asset UNI spent years as a token whose primary utility was voting on proposals. The UNIfication package that passed in late 2025 fundamentally changed that equation by creating a direct link between protocol revenue and token supply reduction.

Extending this to v4 pools across 11 chains, including Ethereum and Base, significantly broadens the fee collection surface area. The protocol isn’t just adding fees to a few pools on mainnet. It’s building a multi-chain revenue pipeline that ultimately compresses back to a single deflationary action on Ethereum.

The liquidity provider concern Not everyone’s celebrating. Some community members have raised concerns about what protocol fees mean for liquidity providers. When the protocol takes a cut, that fee comes from somewhere, and that somewhere is often the returns that LPs would otherwise pocket.

The 93% approval rate suggests most governance participants believe the tradeoff is worth it, but governance voters and liquidity providers aren’t always the same people. Large UNI holders who benefit from burns might vote differently than someone running a concentrated liquidity position on a stablecoin pair.

For investors tracking the UNI token specifically, the expansion of fee collection to v4 pools across 11 chains materially increases the burn rate potential. The 186,000 UNI single-day burn from v2/v3 alone demonstrated real economic impact. The on-chain vote starting around July 19 will determine whether that thesis gets tested in production.

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

Uniswap, the decentralized exchange protocol, is moving forward with two major governance proposals that could activate protocol fees on several chains and strengthen the UNI token burning mechanism. The community is set to vote on these initiatives, with the window closing on July 26.

Key proposals target UNI Burn and protocol fee expansionHayden Adams, founder of Uniswap, indicated that the potential approval of these proposals could have a substantial impact on the UNI Burn mechanism. The measures are designed to introduce fee collection for certain liquidity pools for the first time on Uniswap v4 and expand fees on v2 and v3 pools operating on Robinhood Chain.

In a statement on social media, Adams outlined the specifics: one governance proposal seeks to enable protocol fees in Uniswap version 4 liquidity pools across Ethereum, Arbitrum, Base, BNB Chain, Polygon, Optimism, and Robinhood Chain. A secondary proposal will address additional v4 chains, given Uniswap’s GovernorBravo contract’s technical constraint of 10 actions per proposal.

Both voting initiatives, if approved, will implement protocol fee collection on static fee pools, continuous clearing auction pools, and aggregator hooks pools, providing more streamlined fee management across supported chains for Uniswap’s newest iteration.

Technical structure and planned rolloutUniswap v4 introduces flexible pool fees based on a hook system, allowing fees to vary from block to block for more responsive management. The proposal includes organizing pools into “families,” so standardized rules could dictate fee structures for different pool types, minimizing the need for separate votes on each individual pool.

Uniswap v2 and v3 pools, meanwhile, continue to rely on fixed fee rates per protocol rules. Under the latest proposals, these versions would see fees activated specifically on Robinhood Chain, which is backed by Arbitrum blockchain infrastructure.

Robinhood Chain, launched as an Ethereum Layer-2 mainnet on July 1, is a blockchain secured by Arbitrum technology. It integrates directly with the Robinhood trading ecosystem, and since launch, its decentralized exchange volume reached roughly $3.1 billion within the first week, largely driven by active trading in memecoins.

Mini dictionary: Robinhood Chain, an Ethereum Layer-2 blockchain utilizing the Arbitrum architecture, is built to support fast and cost-efficient transactions and is connected to the Robinhood trading platform.

Uniswap VersionFee StructureTargeted ChainsProposal Scopev2/v3FixedRobinhood ChainActivate protocol feesv4Flexible (by hooks)Ethereum, Base, Arbitrum, BNB, Polygon, Optimism, Robinhood ChainActivate protocol feesGovernance, UNI burning and network expansionHistorically, Uniswap governance decided in December to burn 100 million UNI tokens from its treasury after a vote passed with 99.9% support, enabling protocol fees for v2 and v3 pools on Ethereum mainnet. However, protocol fees for v4 were delayed as its infrastructure was not yet in place. The recent push expands the fee system across 11 blockchains, reflecting Uniswap’s larger strategy to increase platform revenues and enhance token scarcity through regular burning events.

In the past month, Uniswap set a record by burning nearly 186,000 UNI in a single day. Both new proposals leverage Uniswap’s accelerated governance framework, implemented through the Unification upgrade. This process allows for faster progression to on-chain voting, provided proposals pass an initial five-day Snapshot poll. The expanded protocol fee discussions have been underway since February.

Should the proposals be approved, the resulting fees from operations across multiple blockchains are set to directly support the token burn mechanism, reinforcing a governance upgrade that was already implemented across other versions of the platform.

Since the launch of Robinhood Chain’s Ethereum Layer-2 mainnet on July 1, Uniswap’s cumulative swap volume on the network surpassed $6 billion by July 10, reflecting the high user engagement and liquidity infusion driven by this integration.

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.

FIFA’s Chief of Global Football Development, Arsene Wenger, acknowledged on July 18 that the mandatory hydration breaks at the 2026 World Cup have been, to put it diplomatically, a tough sell. Fans don’t love them. Pundits don’t love them. And yet they keep happening, twice per match, like clockwork.

Here’s the thing: the breaks might be framed as player welfare, but the money trail tells a different story. Fox Sports alone stands to earn approximately $250 million from advertising during these stoppages. Globally, the total advertising revenue tied to hydration breaks could exceed $1 billion across all broadcasters during the tournament.

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Three minutes, two breaks, one very large check The format is straightforward. Every match gets two three-minute hydration breaks, one midway through each half. No exceptions, no matter the venue or temperature. FIFA announced the policy on December 7, 2025, positioning it as a response to anticipated high temperatures across the 48-team tournament’s North American host cities.

Wenger claimed the breaks “did not impact” match results. Critics have been less charitable. The traditional rhythm of football, a sport defined by its continuous flow compared to American sports, gets interrupted. Players cool down, coaches relay tactical adjustments, and broadcasters cut to Powerade spots. The official hydration sponsor and other brands receive prominent exposure during every single break, turning what was sold as a health measure into prime advertising real estate.

The Avalanche connection FIFA Collect, the organization’s digital collectibles platform, has officially migrated to the Avalanche blockchain. The move was designed to facilitate quicker and more cost-effective transactions of NFT and digital assets tied to the World Cup.

Wenger confirmed FIFA plans to conduct a full review of the hydration break policy after the tournament concludes. The review will reportedly assess the breaks’ impact on gameplay, player welfare, and fan satisfaction.

What investors should watch FIFA’s decision to run its digital collectibles on Avalanche rather than Ethereum or Polygon signals a preference for transaction speed and cost efficiency at scale. NBA Top Shot, once the poster child for digital sports collectibles, saw trading volumes collapse after initial hype. FIFA Collect needs to avoid the same fate, and its success or failure on Avalanche will be a data point the entire industry watches.

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

Uniswap plans to implement protocol fees for select v4 pools for the first time, with an on-chain vote scheduled for this Sunday.

Uniswap is set to roll out protocol fees on select v4 liquidity pools for the first time, as two proposals move to a final on-chain vote this Sunday. The proposals include activating protocol fees for Uniswap v4 liquidity pools across seven blockchains, and simultaneously enabling protocol fees for Uniswap v2 and v3 liquidity pools on Robinhood Chain. Since July 1, Uniswap’s cumulative swap volume on Robinhood Chain has surpassed $6 billion.

6 hours ago

Abraxas Capital deposits 3 million USDC into Hyperliquid to add to its short positions.

According to monitoring by Onchain Lens, Abraxas Capital has deposited 3 million USDC into Hyperliquid. The firm is further ramping up its short positions, including: Bitcoin (BTC) short positions rising to 364.9 units, with a notional value of approximately $23.3 million; Ethereum (ETH) short positions increasing to 19,020 units, with a notional value of around $35.08 million.

6 hours ago

Iran's Ministry of Foreign Affairs: The Memorandum of Understanding does not allow the US to open an independent parallel shipping lane in the Strait of Hormuz.

According to CCTV News, Iran’s Ministry of Foreign Affairs stated on the 18th local time that Article 5 of the Iran-US Memorandum of Understanding (MoU) prohibits the US from establishing an independent parallel shipping lane in the Strait of Hormuz. The Iran-US MoU is based on mutual commitments between the two countries, and as long as the US fulfills its pledges, Iran will abide by its own commitments.

6 hours ago

Next Week's Macro Outlook: Federal Reserve Blackout Period Coincides With Earnings Season, ECB Decisions Take Center Stage

As US-Iran tensions continue to evolve, the Federal Reserve will enter its pre-meeting blackout period next week, with no major US data releases that could influence its rate-setting meeting. Traders will turn their focus to Europe. Below are the key market focus points for the coming week (all times Beijing): - Tuesday 20:15: US ADP employment change for the week ended July 4 - Thursday 20:15: European Central Bank (ECB) interest rate decision - Thursday 20:45: ECB President Lagarde holds a monetary policy press conference - Friday 07:30: Japan’s June core CPI year-on-year rate Dozens of companies will release their Q2 earnings next week. Tesla will announce its earnings in the early hours of Thursday, July 23 (Beijing time); BlackRock will release its results ahead of US stock market opening on July 23 (Beijing time); Intel will report earnings in the early hours of Friday, July 24 (Beijing time).

6 hours ago

A whale transferred 19,235 ETH to Binance, worth approximately $35.34 million.

According to YuEmber monitoring, geministar.eth transferred 19,235 ETH (worth approximately $35.34 million) to Binance 15 minutes ago.

6 hours ago

Robinhood addresses controversy: Its support for Trump’s account is aimed at inclusive finance, not to encourage gambling-style trading.

According to The New York Times, as Robinhood integrates prediction markets into its app, external concerns have grown over the platform’s potential to exploit young, inexperienced investors. Additionally, many still associate Robinhood with the meme stock craze that swept markets years ago, and the firm was a key driver of that phenomenon. Today, Robinhood aims to be seen as more than those labels. The company has become one of the entities operating the Trump Accounts program, which gives Robinhood the chance to build closer ties with the next generation of investors while further strengthening its relationship with Washington’s political establishment. Robinhood CEO Vlad Tenev responded that the move is not to encourage speculation, but to expand financial inclusion and help more U.S. households participate in long-term investing. Currently, Robinhood has adjusted some product designs and is working to transition from a “speculative trading platform” to a broader financial services firm.

6 hours ago

Grayscale updates Solana ETF proposal to enable shareholder staking rewards

Robinhood Chain launched, filled with memecoins, briefly ranked third among DEXs, and the “Solana killer” talk started immediately. Then you look at the actual numbers. Solana has 27 times the value locked and 2 million more users. This is not a flippening. It is a fair fight over the wrong metric.

Summary

Robinhood Chain launched July 1 and drew roughly $185 million in value locked and over $3 billion in first-week DEX volume, briefly ranking among the top DEXs by volume and prompting Solana comparisons. Solana dwarfs it on every durable metric: around $4.93 billion in value locked, $1.91 billion in daily DEX volume, more than 2 million active addresses, and roughly $3 million in daily app revenue. The gap on value locked is about 27 to 1. On active users, it is larger. Volume alone, the one metric where Robinhood looked competitive, is the least durable measure and is inflated by a memecoin frenzy and a gas subsidy. The real bull case for Robinhood is not flipping Solana on-chain. It is distribution: roughly 28 million existing customers and a decade of retail brand equity that no crypto-native chain can match. The honest verdict is that Robinhood will not flip Solana on DeFi metrics any time soon, but the two are not actually competing for the same thing, which makes the flippening question the wrong one. Within days of Robinhood Chain going live, the comparison wrote itself. A memecoin frenzy sent the chain’s DEX volume past $3 billion in a week; it briefly cracked the top three networks by daily DEX volume, and crypto Twitter did what crypto Twitter does: it declared a Solana killer.

The parallel was tidy. Solana also grew through a memecoin boom, so surely Robinhood was running the same playbook toward the same destination. Then you pull the actual data, and the tidy story falls apart. Solana has roughly 27 times Robinhood Chain’s value locked and millions more users.

The one metric where Robinhood looked competitive, raw volume, is the flimsiest number on the board. This piece is about whether Robinhood Chain can flip Solana, and the short answer is no, not close, and the more interesting answer is that flipping Solana was never the right frame.

The scoreboard Start with the numbers, because the numbers settle most of the argument before it starts.

Solana, as of mid-July 2026, carries around $4.93 billion in total value locked, does roughly $1.91 billion in daily DEX volume, has more than 2 million active addresses, and generates about $3 million in daily application revenue. These are the metrics of a mature, heavily used layer-1 with a deep DeFi ecosystem, years of accumulated liquidity, and a large, sticky user base.

Robinhood Chain, roughly 2 weeks after launch, sits at around $185 million in value locked, having posted more than $3 billion in DEX volume across its first week. Depending on the day and the source, its TVL has been quoted between $185 million and $312 million, with the higher figure heavy on stablecoin deposits. Active addresses are counted in the hundreds of thousands cumulatively, not the millions active.

Line the durable metrics up, and the gap is stark. On value locked, Solana leads by a factor of roughly 27 to one against the lower Robinhood figure, and still around 16 to 1 against the higher one. On active users, the gap is larger still. On application revenue, Solana’s ecosystem earns real fees across a diverse set of protocols; Robinhood Chain’s revenue is concentrated in memecoin trading and inflated by incentives. There is exactly one metric where Robinhood looked competitive in its first fortnight, and that is raw DEX volume, where a memecoin frenzy briefly pushed it into the same conversation as networks many times its size.

That single metric is doing all the work in the flippening narrative, and it is the metric that deserves the least trust.

Why volume is the wrong number Volume is seductive because it is large and it moves fast, and it is misleading for the same reasons.

Robinhood Chain’s $3 billion first week was overwhelmingly memecoin trading. CASHCAT alone generated roughly $98 million in a single day, about 17% of the chain’s entire DEX volume, and the broader wave of Robinhood-themed tokens, Cash Dog in Hood, Little John, Hoodrat, drove most of the rest.

Memecoin volume is the most transient category of on-chain activity there is. It arrives with attention and leaves with it, and it leaves no infrastructure behind. A chain doing $3 billion in memecoin volume this week can do a fraction of that next month, as the 33% single-day CASHCAT drop after its launchpad exited already showed.

Then there is the subsidy. Robinhood Chain ran a 90-day gas fee subsidy from launch, which makes transactions artificially cheap and inflates transaction counts and, indirectly, trading activity. Any volume comparison during the subsidy window is measuring a promotion as much as organic demand. The honest read of that number will only be available once the subsidy expires and users start paying real costs.

Value locked, by contrast, is sticky. It represents capital that has chosen to reside on the chain, in lending protocols, liquidity pools, and asset-management strategies, and it does not evaporate with a memecoin’s attention cycle. Solana’s ~$4.93 billion in TVL is the accumulated result of years of protocols, integrations, and users committing capital. Robinhood’s ~$185 million is a 2-week-old figure heavily weighted toward stablecoin deposits and speculative liquidity. TVL is the metric that predicts whether a chain is durable. Volume is the metric that predicts whether it is currently trending. They are not the same, and the flippening narrative relies entirely on the second.

The bull case for Robinhood The strong case for Robinhood Chain does not run through on-chain metrics at all, and the people making the flippening argument are looking in the wrong place because the actual advantage is off-chain.

Robinhood has roughly 28 million customers across 38 countries and more than a decade as one of the largest retail investment platforms in the United States. That is a distribution asset no crypto-native chain possesses. Solana had to acquire its users one at a time through the slow, expensive work of crypto adoption.

Robinhood already has tens of millions of funded accounts belonging to people comfortable trading both stocks and crypto, and it can put its chain in front of them inside an app they already use. If even a modest fraction of that base becomes active on-chain, the user numbers change quickly. Brand equity and distribution are exactly what earlier tokenization projects lacked, and Robinhood has both in abundance.

The memecoin-as-ignition argument also has real historical support. Solana itself grew through a memecoin cycle: BONK, WIF, and the Pump.fun era, before it produced serious infrastructure and institutional adoption. Base followed a similar arc. Speculative trading bootstraps the liquidity, the market makers, the tooling, and the attention that serious applications later need. In this reading, Robinhood Chain’s memecoin phase is not a failure to attract real activity; it is the normal first stage, and judging a 2-week-old chain by its TVL is like judging Solana by its 2021 numbers.

And Robinhood is playing a different game entirely. Its chain is built for tokenized stocks and real-world assets, a category Solana is also chasing but where Robinhood brings brokerage licenses, custody relationships, and regulatory infrastructure that a crypto-native chain has to build from scratch. If the RWA thesis plays out, Robinhood competes on ground where its traditional-finance credentials are an advantage, not on the DeFi metrics where Solana is years ahead. The flippening question assumes the two chains want to be the same thing. They may not.

The bear case for Robinhood The skeptical case is that Robinhood Chain has attracted exactly the kind of activity that does not convert, and that the gap to Solana is not a head start Robinhood can close but a structural difference it may never close.

The mercenary-liquidity problem is the core of it. Memecoin traders are loyal to activity, not to chains. They arrived on Robinhood Chain because that is where the new-launch action was, and they will leave for the next chain offering quicker profits without a second thought. The Noxa launchpad that powered the entire boom generated roughly $12 million in fees and then stopped accepting launches and went dark within 11 days of the chain’s launch. That is not the behavior of infrastructure settling in; it is the behavior of an extraction cycle moving through. When the memecoin attention leaves, the question is what remains, and right now what remains is roughly $12.8 million in actual tokenized real-world assets, the thing the chain was built for.

The convert-the-traffic problem compounds it. Robinhood’s 28 million customers are a distribution asset only if they can be moved on-chain, and there is no evidence yet that memecoin degens and Robinhood’s retail stock traders are the same people or that 1 becomes the other. The chain’s current users may have almost no overlap with the tokenized-asset investors Robinhood hopes to serve. Distribution is potential, not conversion, and the conversion has not been proven.

Then there is the structural point that on-chain metrics are not a race Robinhood is quietly winning. Solana continues to outperform Robinhood Chain across essentially every DeFi metric despite the new chain’s loud debut, and Solana is not standing still. It has its own institutional momentum, its own tokenized-asset push, its own SBI partnership for on-chain financial markets in Japan. Robinhood is not catching a stationary target. It is entering, 2 weeks old, a competition against a network with a multi-year head start that is itself accelerating. Closing a 27-to-1 TVL gap against a moving, growing competitor is a different proposition than the volume charts suggest.

The Base comparison nobody makes The flippening debate fixates on Solana, but the more instructive comparison is Coinbase’s Base, because Base is the closest thing to a control group for exactly what Robinhood is attempting, and it complicates both the bull and bear cases.

Base launched in 2023 as a corporate-backed Ethereum layer 2, built by a licensed, publicly traded American financial company with a large existing user base, aimed at bringing mainstream users on-chain. That is Robinhood Chain’s template almost exactly. And Base’s early growth, like Robinhood’s, ran heavily through memecoins before it developed into a more diversified ecosystem. So Base is the case study for whether a corporate chain can convert a speculative launch into durable activity, and the answer it offers is genuinely mixed.

On the bull side, Base did convert. It built real DeFi, real stablecoin activity, and real applications on top of the initial speculation, and it became one of the larger L2s by several measures. Coinbase’s distribution, tens of millions of users, mattered, and the memecoin phase did function as ignition rather than as the whole story. That is the precedent Robinhood is betting on, and it is a real one: a corporate chain did turn a speculative launch into something lasting.

On the bear side, Base did not flip Solana either, and it had a 2-year head start on Robinhood plus a parent company that was crypto-native from birth. If Base, with Coinbase’s crypto-specific expertise and a longer runway, sits alongside Solana instead of above it, the idea that Robinhood Chain will vault past Solana looks even less plausible. And Base has its own value-capture questions as an Ethereum L2, the same ones that apply to Robinhood Chain, where the base layer captures little of the economics. Base shows the corporate-chain model can work; it also shows that working means becoming a significant chain, not dethroning the incumbent. That is the realistic ceiling for Robinhood Chain too: not flipping Solana, but earning a durable place alongside it, and only if it converts the way Base did rather than fading the way most launch-frenzies do.

What a flippening would actually require The word “flippening” gets thrown around loosely, so it is worth being precise about what would have to happen for Robinhood Chain to actually surpass Solana, because the specifics show why the headline math is not close.

Flipping Solana is not one event; it is a set of them across separate metrics, and they do not move together. On total value locked, Solana holds roughly $4.93 billion against Robinhood Chain’s ~$185 million, a gap of about 27 times. Closing that does not mean matching Solana’s memecoin volume for a week. It means persuading serious capital, lending markets, stablecoin issuers, restaking protocols, and asset managers to park billions on a corporate L2, which is a trust-and-time problem that speculative volume does nothing to solve. TVL is sticky precisely because it represents commitment, and commitment is the thing a memecoin wave cannot manufacture.

On active addresses, Solana runs above 2 million against a far smaller base on Robinhood Chain, and the composition matters more than the count. Solana’s addresses span DeFi users, NFT traders, payment apps, and memecoin degens across a mature ecosystem. Robinhood Chain’s early activity is concentrated in memecoin speculation and a gas subsidy that inflates the raw transaction figure. An address trading CASHCAT once is not equivalent to an address running a lending position, a payment flow, and a staking allocation. The headline number can converge while the underlying engagement stays a chasm apart.

On application revenue, Solana generates around $3 million daily from a diversified base of protocols. Robinhood Chain’s revenue is thin and skewed toward the launchpad-and-memecoin complex that already showed it can evaporate in days when Noxa went dark. Sustainable app revenue requires applications people use for reasons other than speculation, and building that catalog is measured in years of developer adoption, not weeks of viral trading.

Then there is the structural ceiling nobody in the flippening conversation mentions: Robinhood Chain excludes US persons from its flagship products. Stock Tokens are barred to Americans, wallet perpetuals are barred to Americans, and the chain’s entire regulated-RWA thesis is aimed at a user base that cannot legally touch its marquee offerings from Robinhood’s home market. Solana has no such wall. A chain competing for global L1 dominance with its largest potential market fenced off from its best products is running the race with a weight the incumbent does not carry.

Put those together, and the flippening is not a single line for Robinhood Chain to cross. It is four separate lines, on four metrics that move at different speeds for different reasons, at least one of which is capped by regulation. Memecoin volume, the one number Robinhood Chain can actually post, is the least sticky and least predictive of the set. That is why the honest answer to the headline is not “not yet.” It is “not close, and the gap is wider than the volume charts make it look.”

The verdict So will Robinhood Chain flip Solana? On the metrics that matter, no, and not close, and not soon.

The value-locked gap is roughly 27 to 1. The user gap is larger. The revenue gap is structural. The only metric where Robinhood was competitive is raw volume, which is the least durable measure available, is dominated by transient memecoin trading, and is inflated by a temporary gas subsidy. A chain does not flip a mature layer-1 by winning the one number that evaporates when attention moves on. Every durable indicator points to Solana remaining well ahead for the foreseeable future.

But the question contains a flawed assumption, and that is the more useful thing to say. “Flip Solana” treats the two chains as competitors for the same prize, and they may not be. Solana is a general-purpose, crypto-native layer-1 with a deep DeFi ecosystem built by and for crypto users. Robinhood Chain is a corporate settlement layer built by a licensed brokerage to bring tokenized stocks and real-world assets to a retail base that already trades on Robinhood. Their overlap right now is memecoins, which is precisely the activity neither of them was built for and which will belong to whichever chain is currently paying attention. The lasting competition, if there is one, is over tokenized real-world assets, and that race has barely started.

The honest framing is this. Robinhood will not out-DeFi Solana; that is not a contest it is positioned to win and probably not one it is trying to win. What Robinhood can do is convert a slice of 28 million existing customers into on-chain users of tokenized-asset products, on rails where its brokerage credentials matter more than its DEX volume. If it does that, it does not need to flip Solana, because it will be winning a different game. If it does not, the memecoin volume fades, the chain settles back to its $12.8 million of real assets, and the flippening talk looks like what it probably is: a volume chart mistaken for a verdict. The number to watch is not DEX volume and not the gap to Solana. It is whether tokenized real-world assets on Robinhood Chain grow, and Robinhood’s July 29 earnings are the first real look.

Frequently Asked Questions Is Robinhood Chain bigger than Solana? No, and the gap is large. As of mid-July 2026, Solana holds around $4.93 billion in total value locked against Robinhood Chain’s roughly $185 million, a gap of about 27 to 1. Solana also has more than 2 million active addresses and around $1.91 billion in daily DEX volume from a mature ecosystem. Robinhood Chain briefly matched Solana on raw DEX volume during a memecoin frenzy, but trails badly on every durable metric.

Why do people compare Robinhood Chain to Solana? Because Robinhood Chain’s DEX volume surged past $3 billion in its first week, briefly ranking among the top networks, and because Solana famously grew through a memecoin cycle of its own before maturing. The parallel is that both bootstrapped with speculation. The comparison relies heavily on volume, which is the least durable metric and, for Robinhood, is inflated by memecoin trading and a temporary gas subsidy.

Could Robinhood Chain flip Solana eventually? On DeFi metrics, it is unlikely any time soon, given a 27-to-1 value-locked gap against a competitor that is itself growing. Robinhood’s real advantage is off-chain: roughly 28 million existing customers and strong retail brand equity. If it converts a meaningful share of that base into on-chain users of tokenized-asset products, it could become large without ever matching Solana on DeFi, because it would be competing on different ground.

Why is DEX volume a misleading metric? Because it is transient and easily inflated, Robinhood Chain’s volume was overwhelmingly memecoin trading, which arrives and leaves with attention and builds no lasting infrastructure. A 90-day gas subsidy also made transactions artificially cheap during the launch window. Value locked, which represents capital committed to the chain’s protocols, is a far better predictor of durability, and on that measure Solana leads decisively.

What is Robinhood Chain actually built for? Tokenized stocks and real-world assets. It launched as an Ethereum layer 2 with Stock Tokens as the flagship product, targeting a retail base that already trades equities on Robinhood. Its competitive advantage is brokerage licenses, custody relationships, and regulatory infrastructure. The memecoin activity that drove its early volume is not the use case it was designed for, and only about $12.8 million in real-world assets currently sit on it.

What happened with CASHCAT and the memecoins? CASHCAT, a token named after Robinhood’s original working name, surged to a roughly $156 million market cap and at one point generated about 17% of the chain’s daily DEX volume. It spawned a wave of Robinhood-themed tokens. The launchpad driving the boom, Noxa, earned around $12 million in fees, then went dark within 11 days, and CASHCAT fell more than 33% in a day, illustrating how quickly memecoin activity can leave.

Does Robinhood’s user base guarantee success? No. Roughly 28 million customers is a distribution advantage, but distribution is potential, not conversion. There is no evidence yet that Robinhood’s retail stock traders will become active on-chain users, or that the memecoin traders currently driving activity overlap with the tokenized-asset investors the chain targets. Converting existing customers into on-chain users is the unproven step the entire strategy depends on.

When will we know if the strategy is working? Watch the tokenized real-world asset figure on the chain, currently around $12.8 million, rather than DEX volume or the gap to Solana. If real assets grow substantially while memecoin activity fades, the traffic is converting, and the strategy is working. Robinhood’s second-quarter earnings on July 29 should offer the first real look at Stock Token adoption, and liquidity behavior after the gas subsidy expires will be the next test.

Disclaimer: This article is for information and educational purposes only and does not constitute financial or investment advice. It compares blockchain networks and company strategies, not the merits of any token. Memecoins are highly speculative, and most participants lose money. Nothing here is a recommendation to buy any asset or use any platform. Always do your own research. On-chain figures move quickly and are accurate as of July 17, 2026.

The 2026 FIFA World Cup final between Argentina and Spain is shaping up to be one of the most politically charged matches in recent memory. Fans across Latin America, from Mexico City to São Paulo, are rallying behind Spain’s young squad rather than supporting their continental neighbor Argentina. And that regional animosity, fueled by perceptions that Lionel Messi is “FIFA’s golden boy,” is doing something unexpected: it’s showing up on the blockchain.

Fan tokens tied to both national teams have seen notable trading activity as the mid-July final approaches, turning what looks like a sports culture story into a live case study of how sentiment drives crypto markets.

Fan tokens catch the World Cup fever The Argentine Football Association Fan Token ($ARG), issued on the Chiliz blockchain through the Socios.com platform, has recorded surging trading volumes throughout the tournament. Argentina’s dramatic 3-2 comeback victory, featuring Messi’s continued dominance with eight goals and two assists across the competition, sent $ARG volumes into the millions during peak 24-hour windows.

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Spain’s corresponding fan token (SPAIN) has mirrored that pattern, with price movements correlating directly to match outcomes.

Fan tokens have existed since Socios.com launched on Chiliz, giving supporters governance-lite participation in their clubs and national teams. The 2026 World Cup, hosted across the US, Canada, and Mexico, is the biggest sporting event to coincide with a maturing fan token ecosystem.

Messi’s crypto connection runs deep Messi’s influence on this market extends well beyond his performances on the pitch. In 2022, he signed an ambassador deal with Socios.com valued at over $20 million, making him one of the most prominent athletes directly tied to a crypto platform. That partnership gave Chiliz-based fan tokens a level of mainstream visibility that most blockchain projects can only dream about.

His on-field heroics drive casual fans toward Socios.com, where they discover $ARG and other fan tokens. Those new users generate trading activity, which generates headlines, which generates more users.

Why anti-Argentina sentiment matters for traders The regional backlash against Argentina adds a layer of complexity to the fan token market that pure sports analytics can’t capture. When fans from Brazil, Mexico, Colombia, and other Latin American nations actively root against a team, some of them are buying SPAIN tokens as a form of financial fandom.

This creates an asymmetry worth watching. $ARG’s trading volume is driven primarily by Argentine supporters and speculative traders betting on match outcomes. SPAIN’s volume, meanwhile, is potentially inflated by a coalition of anti-Argentina sentiment spanning an entire continent.

Liquidity in fan token markets is thinner than in major crypto pairs, meaning slippage can eat into profits quickly. Fan tokens represent a genuinely novel asset class where traditional market drivers—supply, demand, fundamentals—get overwhelmed by something far more primal: the emotions of millions of sports fans making decisions in real time.

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

Milliseconds matter on Wall Street, and Truth Social wants to charge traders to get faster access to the president's posts.

Shiba Inu [SHIB] has been falling on the charts since hitting $0.00003309 in late 2024, when the whole crypto market rallied to the upside. The same is true for its trading volume too, with the same well below its previous levels.

Why is the popoular memecoin in the news right now though? Well, with daily volumes of $52.68 million at press time, AI models are now projecting modest to moderate upside potential by the end of the year.

Shiba Inu, Claude, and Grok AI models forecast on SHIB As per AI models, SHIB’s price action is expected to pull fair gains by the end of the year.

Shiba Inu AI predicts that the memecoin may see modest upside by the end of the year. While this seems to be a bullish predcition, it’s worth noting that other models are more optimistic than SHIB’s own AI.Claude and Grok AI models, for instance, anticipate moderate gains by the end of 2026.

All the three models agree SHIB will not see an explosive rally this year though.

Both Claude and Grok attribute the projected medium gains to the already existing massive community that continues to grow. Moreover, they agree Bitcoin [BTC] would be a catalyst to SHIB, rallying alongside capital rotation into memecoins.

However, both Claude and Grok believe that adoption across the Shibarium ecosystem is too weak to spark a price breakout. In fact, Grok believes that the ecosystem and broader crypto sentiment will determine SHIB’s direction.

On the other hand, Claude found that network activity has been lagging and token burns have been limited. For instance – As per Shibburn, 4.090 million SHIB worth $17.13 had been burned in the last 24 hours. This alluded to a 19.85% fall in daily burn rate.

Source: Shibburn Can SHIB’s price follow the AI predictions? On the smaller timeframes, SHIB’s price has been ranging above the $0.00000412 zone since late June. This hinted at a quiet market.

At the time of writing, the 24-hour volume and the RSI were declining, showing selling activity in the short term. Holding above the support and breaching resistance at $0.0000045 would open the door for a move to $0.00000510.

Source: SHIB/USDT on TradingView Otherwise, the price action has continued to consolidate in the falling wedge pattern that started in late March 2025. On the daily chart, buyers have been accumulating too, with the CVD indicating that 7.84 billion SHIB tokens were bought in the last 24 hours alone.

Finally, the MACD highlighted buyers in control, although their momentum was minimal.

Source: SHIB/USDT on TradingView These findings only reinforce AI models’ predictions of sizeable gains rather than explosive ones.

Final Summary Three AI models — Shiba Inu, Claude, and Grok — think SHIB’s price may see modest to moderate gains by the end of 2026.  SHIB has been consolidating in the short term while the price tanks on the daily chart despite ongoing accumulation. 

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Shiba Inu has seen 6.75 million tokens sent to dead wallets in the last 24 hours, with the daily burn rate rising 140%. This continues SHIB's deflationary momentum, which has seen 410,840,395,512,922 Shiba Inu tokens sent to a null address where they can't be retrieved or used, reducing SHIB's supply.

41.08% of Shiba Inu's initial 1 quadrillion supply has been burned, with the dog coin now left with 58.92%.

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This week, as reported, Shiba Inu hit a burn milestone with total burn transactions surpassing 21,000, currently at 21,193. This suggests a consistent burn mechanism by the community, with millions of SHIB being sent to dead wallets at a continuous pace.  

In the last seven days, 43.75 million SHIB were burned, adding to a total of 267.58 million SHIB in thirty days.

SHIB priceAt the time of writing, SHIB was up 0.96% in the last 24 hours to $0.00000417 and down 4.87% weekly.  

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The mixed price action follows cooler-than-expected producer and consumer price data this week, while U.S. jobless claims for the week ending July 11 came in lower than forecasted, at a seasonally adjusted 208,000.

The University of Michigan's index on consumer sentiment rose to 54.4, topping a Dow Jones consensus of 50.5.

SHIB gets a boost in JapanJapan passed major amendments to the Financial Instruments and Exchange Act (FIEA) on July 15, 2026, marking a turning point for the country's crypto market.

The amendments do not classify Bitcoin or Ethereum as securities but rather label cryptocurrencies as investment products. The aim is to provide a regulatory framework that will boost engagement from banks, securities firms, asset managers, and institutional investors while increasing investor protection.

Shiba Inu, which is already on the Japan JVCEA Green List, which makes it easier for regulated platforms in the country to list SHIB, might stand to benefit from the recent move.

Shiba Inu (CRYPTO: SHIB) has fallen to its lowest market cap ranking in history at number 33, down from a peak valuation of $50 billion to just $2.48 billion today.

How Far Has SHIB Fallen?SHIB once ranked in the top 10 during its first cycle, carrying a peak valuation of $50 billion. 

It now sits at a $2.48 billion market cap, down 95% from that peak and still falling through the rankings.

Crypto analyst LuckSide Crypto called the drop disappointing but pointed to improving fundamentals beneath the price. 

Exchange supply remains at historically low levels and SHIB’s holder count has resumed its gradual climb, adding roughly 1,000 new holders after an unusual one-day spike of 75,000 briefly disrupted the trend.

What Is The Chart Actually Saying?SHIB sitsinside a steep descending channel in place since January 2026, with lower highs and lower lows and no structural break yet.

The setup traders are focused on is a triple RSI bullish divergence. Each time SHIB’s price made a lower low, RSI held higher rather than following price down. 

The third divergence is printing now with RSI at 39.12, and the same pattern preceded recoveries in both February and April.

All four major EMAs sit above price and act as resistance, keeping the broader downtrend intact regardless of the divergence signal.

What Needs To Happen For SHIB To Reverse?LuckSide pointed to Bitcoin (CRYPTO: BTC) as the deciding factor. BTC is compressing between $62,000 and a longer-term descending trendline, with that range requiring resolution by around July 26. 

SHIB’s next directional move depends on which way Bitcoin breaks from that setup.

Geopolitical pressure from Middle East tensions has added another layer of bear market sentiment, with broader uncertainty keeping risk assets including SHIB suppressed across the board.

Key levels for SHIB $0.0000436 — 20-day EMA; a daily close above this confirms the RSI divergence $0.0000471 — 50-day EMA, next resistance above $0.00000400 — channel floor acting as immediate support Image: Shutterstock

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Bitmine possiede il 4,8% dell'offerta totale di ETH pari a 120,7 milioni

Bitmine ha raggiunto il 96% dell'obiettivo "Alchemy of 5%" in soli 12 mesi

Bitmine è stata aggiunta all'indice Russell 1000 Large-cap il 26 giugno 2026

Le azioni privilegiate di Serie A di Bitmine saranno negoziate sul NYSE con il simbolo BMNP

Bitmine continua a essere sostenuta da un gruppo di investitori istituzionali di primario livello, tra cui ARK di Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital e l'investitore privato Thomas "Tom" Lee a sostegno dell'obiettivo di Bitmine di acquisire il 5% di ETH

, /PRNewswire/ -- (NYSE: BMNR) Bitmine Immersion Technologies, Inc. ("Bitmine" o la "Società"), una società Bitcoin ed Ethereum specializzata nell'accumulo di criptovalute per investimenti a lungo termine, ha pubblicato oggi il messaggio di luglio del Presidente dal titolo "ETH è la cura per la 'Valle perturbante della ricchezza'"

The Uncanny Valley

The "Uncanny Valley of Wealth" Questo messaggio del Presidente spiega la convinzione dell'azienda, secondo cui Ethereum rappresenta un'interfaccia fondamentale per proteggere gli esseri umani dagli effetti causati dalle crescenti capacità dell'IA e dalla conseguente, maggiore influenza economica.

La "Valle perturbante della ricchezza" è il concetto che, in ultima analisi, gli esseri umani diverranno inquieti per il crescente potere economico e sociale di un'economia sempre più alimentata dall'IA agentica e, in breve tempo, dalle interazioni macchina-macchina.  Ciò rappresenta una variante del roboticista giapponese Masahiro Mori, che nel 1970 pubblicò il saggio "La valle perturbante" (*Uncanny Valley*). La sua ipotesi illustra la sensazione inquietante che le persone provano spesso, quando si imbattono in qualcosa dall'apparenza quasi umana. Nel 2026, il settore delle criptovalute ha dovuto affrontare difficoltà di natura macroeconomica, tra cui i mercati obbligazionari che hanno "prezzato" una svolta "hawkish" da parte delle banche centrali globali, i lenti progressi del Clarity Act, la sovraperformance dell'IA (alias FOMO, ovvero la paura di essere tagliati fuori) e la sottoperformance del comparto finanziario. Nel corso del 2026, pensiamo che molte di queste difficoltà possano diventare condizioni favorevoli. Sebbene molti attribuiscano la situazione solo al cosiddetto "inverno delle criptovalute", il 2026 ha registrato significativi progressi importanti, tra cui l'annuncio della tokenizzazione degli asset da parte di molte banche e il lancio di nuove soluzioni Layer 2 (L2) su Ethereum, quali la Robinhood Chain. Ciò è in contrapposizione con gli inverni delle criptovalute del 2018 e del 2022, quando difficoltà di tipo normativo e il collasso di istituzioni crittografiche determinarono tali flessioni. Il Presidente pensa che Ethereum sia ben posizionato per trarre vantaggio da due fattori di crescita esponenziale, ossia la creazione di infrastrutture blockchain da parte di Wall Street e l'IA agentica (come discusso precedentemente). Il Presidente spiega anche in che modo Bitmine si stia posizionando strategicamente in vista dei fattori fondamentali del prossimo ciclo di rialzo delle criptovalute, dando supporto a partner infrastrutturali importanti e consolidando l'ecosistema Ethereum. Il messaggio del Presidente è disponibile qui:
https://www.Bitminetech.io/chairmans-message

La presentazione degli utili dell'intero esercizio 2025 e la presentazione aziendale sono disponibili qui: https://Bitminetech.io/investor-relations/ 

Per tutti gli aggiornamenti, è possibile registrarsi all'indirizzo: https://Bitminetech.io/contact-us/ 

Informazioni su Bitmine
Bitmine (NYSE: BMNR) è un miner di Bitcoin con attività negli Stati Uniti. La società sta utilizzando il proprio capitale in eccesso per diventare la principale società di tesoreria di Ethereum al mondo, implementando un'innovativa strategia di asset digitali per investitori istituzionali e operatori del mercato pubblico. Guidata dalla sua filosofia della "alchimia del 5%", la Società è impegnata a utilizzare ETH come principale asset di riserva di tesoreria, sfruttando attività native a livello di protocollo, tra cui lo staking e i meccanismi di finanza decentralizzata. Nel 2026, la società ha lanciato MAVAN (Made-in America VAlidator Network), un'infrastruttura di staking dedicata per gli asset Bitmine.

Per ulteriori dettagli, seguiteci su X:
https://x.com/bitmnr
https://x.com/fundstrat

Dichiarazioni previsionali
Il presente comunicato stampa contiene dichiarazioni che costituiscono "dichiarazioni previsionali" ai sensi del Private Securities Litigation Reform Act del 1995. Le dichiarazioni contenute nel presente comunicato stampa che non sono puramente storiche sono dichiarazioni previsionali che comportano rischi e incertezze. Queste dichiarazioni previsionali possono essere identificate da termini quali "prevede", "progetta", "progettato", "intende", "crede", "anticipa", "stima" ed espressioni simili. Il presente documento contiene dichiarazioni previsionali che riguardano, in particolare: (i) gli obiettivi della Società in merito all'acquisizione di ETH, tra cui l'iniziativa "Alchemy of 5%" e la previsione, secondo cui Bitmine raggiungerà tale obiettivo nel 2026; (ii) le convinzioni e le aspettative della Società sul mercato delle criptovalute, inclusa la convinzione, secondo cui le difficoltà macroeconomiche affrontate dal settore nel 2026 possano diventare condizioni favorevoli; (iii) la convinzione della Società, secondo cui Ethereum rappresenta un'interfaccia fondamentale per proteggere l'essere umano dagli effetti causati dalle crescenti capacità dell'IA, tra cui la tesi della "Valle perturbante della ricchezza" riguardo al crescente potere economico e sociale di un'economia sempre più alimentata dall'IA agentica; (iv) la convinzione del Presidente, secondo cui Ethereum è ben posizionata per trarre vantaggio da due fattori di crescita esponenziale, ossia la creazione di infrastrutture blockchain da parte di Wall Street e l'adozione dell'IA agentica; (v) la convinzione della Società riguardo al posizionamento di Bitmine rispetto ai principali fattori trainanti del prossimo ciclo di rialzo delle criptovalute, tra cui il supporto a partner infrastrutturali fondamentali e il consolidamento dell'ecosistema Ethereum; e (vi) la crescita e il progresso futuri della strategia di tesoreria Ethereum della Società. Nel valutare tali dichiarazioni previsionali, si dovrebbero tener presenti diversi fattori, tra cui: la capacità di Bitmine di tenere il passo con le nuove tecnologie e le mutevoli esigenze del mercato; la capacità di Bitmine di finanziare la propria attività attuale, le operazioni di tesoreria di Ethereum e le attività future proposte; il contesto competitivo in cui opera Bitmine; le condizioni di mercato che influenzano il prezzo di negoziazione delle azioni ordinarie e delle azioni privilegiate di Serie A della Società; gli sviluppi normativi che riguardano gli asset digitali, tra cui l'emanazione e l'attuazione definitiva del GENIUS Act e di altra legislazione in corso di approvazione e di altre iniziative SEC; la volatilità e l'imprevedibilità dei prezzi degli asset digitali; le prestazioni, l'affidabilità e la sicurezza delle operazioni di staking della Società; i rischi riguardanti i sistemi di IA e il relativo impatto sui mercati delle criptovalute; e il valore futuro di Bitcoin ed Ethereum. Le dichiarazioni previsionali non sono garanzie di prestazioni future e i risultati futuri effettivi possono differire e spesso differiscono materialmente da quelli espressi in tali dichiarazioni. Le dichiarazioni previsionali sono soggette a numerose condizioni, molte delle quali esulano dal controllo di Bitmine, comprese quelle indicate nella sezione "Fattori di rischio" del modulo 10-K di Bitmine depositato presso la SEC il 21 novembre 2025, nonché in tutti gli altri documenti depositati presso la SEC, modificati o aggiornati di volta in volta. Le copie dei documenti depositati da Bitmine presso la SEC sono disponibili sul sito web della SEC all'indirizzo www.sec.gov. Bitmine non si assume alcun obbligo di aggiornare le presenti dichiarazioni in caso di revisioni o modifiche successive alla data di pubblicazione del presente comunicato, salvo nei casi previsti dalla legge.

We all know Meta Platforms (META 2.79%) as the ubiquitous social networking ecosystem. Investors are also familiar with its booming digital advertising platform. But there's something else that's moving the needle these days.

As of July 16, Meta shares are up 21% this month. This stellar performance is better than all the other Magnificent Seven stocks. It's a notable reversal from June, when shares dipped 11%.

Here is what's driving the surge that has added a whopping $270 billion to the company's market capitalization in July.

Image source: The Motley Fool.

The market likes the company's new AI strategy Like its hyperscaler peers, Meta is sparing no expense when it comes to artificial intelligence (AI). Capital expenditures will be between $125 billion and $145 billion this year, according to company estimates. It's time to start monetizing this spending.

On July 1, Bloomberg reported that the company is building a cloud computing division under the Meta Compute initiative. It plans to sell its unused compute resources and/or host AI models that developers can use. This is an admission that the business has been spending too aggressively on AI infrastructure. It appears to have more capacity than it knows what to do with.

Founder and CEO Mark Zuckerberg understands that computing capacity might be the hottest commodity on the planet right now, and his company has access to this vital resource. If Meta can earn a better return selling this to outside customers as opposed to using it for its own operations, then it's a no-brainer decision.

Investors will appreciate the urgency to try to generate revenue soon. This is extremely relevant today, as Meta's first-quarter capex total of $19.8 billion amounted to a sizable 61% of its operating cash flow during the period.

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Improving sentiment, but still a lot to prove At the end of June, Meta shares traded at a price-to-earnings ratio of 20.5. Today, they trade at a multiple of 24.4. Market sentiment was certainly lower, but it has now improved, showcasing investor enthusiasm.

This also reveals that the market has higher expectations. All eyes continue to be on AI. Meta shareholders should listen to any commentary the management team provides on its new cloud venture, especially related to operational timelines and expected financial performance.

This relates to the bigger topic. The business will probably need to start providing more color on the overall returns it believes it can generate from its massive AI capex plans. Otherwise, the market will start to get jittery. This is the single most important variable to pay attention to, because it can tell investors whether Meta is spending with an eye on the potential payoff.

Taylor Farms is voluntarily recalling iceberg lettuce in 27 states because the greens potentially could be contaminated with cyclosporiasis.

The fruit and vegetable producer announced the move late Friday evening, saying in a media statement that it is "voluntarily removing all iceberg lettuce sourced from central Mexico from the U.S. market." 

The tainted lettuce has been at the center of a cyclosporiasis outbreak that the Centers for Disease Control and Prevention has traced to shredded iceberg lettuce served at Taco Bell locations in 5 states, including Indiana, Kentucky, and Michigan.

The Food and Drug Administration has said that people who are infected by the cyclospora parasite may experience flu-like symptoms and "watery diarrhea, with frequent bowel movements."

Taylor Farms said that the potentially tainted "shredded iceberg product" was distributed June 29 through July 16 in states including Alabama, Connecticut, Georgia, Massachusetts and Texas.

California and New York were among the states not included in the recall notice.

"Based on information provided yesterday by the FDA, Taylor Farms de Mexico is voluntarily removing all iceberg lettuce sourced from central Mexico from the U.S. market," the company said in a statement. "While the FDA traceback is indicating a specific independent farm that represents less than 1% of the U.S.'s iceberg lettuce supply as the potential source of the outbreak, we have removed all iceberg lettuce from the region indefinitely."

Before Taylor Farms issued the recall, Yum Brands' Taco Bell said it had removed the potentially contaminated lettuce from its restaurants.

Walmart on Saturday posted a message on its website about the FDA's latest announcement on the Taylor Farms recall, noting that the greens may have been sold at its stores in states including Alabama, Indiana, and West Virginia.

"The health and safety of our customers is a top priority," a Walmart spokesperson told CNBC in an emailed statement. "Although there is no indication that products sold in our stores are affected by the current Cyclospora investigations, we have removed four bagged iceberg lettuce salad products from select locations as a precaution after receiving notice from our supplier."

The spokesperson added: "There have been no confirmed illnesses associated with these products at this time," and that the company is "working closely with our supplier and took immediate steps to remove the products from sale."

Nine Mile Metals Ltd. (CSE:NINE, OTCQB:VMSXF, FRA:KQ9) CEO Patrick Cruikshank talked with Proactive about the latest drilling progress at the Wedge project and the company’s work to expand mineralization beyond the historic mine area.

Proactive: Welcome back to the Proactive newsroom. Joining me now is Patrick Cruikshank, CEO of Nine Mile Metals. Patrick, it is great to see you again. How are you?

Patrick Cruikshank: I am great. Thanks for having me back.

The company has released another hole from the drill program, and it appears to be continuing to expand the mineralization. Tell us about this particular hole, where it was located and what the company encountered.

This is the third hole we released, and all three holes were drilled from the same pad.

In the northeastern part of the mine, toward the eastern extension, we drilled a fan of holes into an area that had never previously been drilled or mined. By the time the holes reached a depth of around 300 metres, they were approximately 50 to 100 metres apart.

It is a very economical approach because we can turn the drill rig and drill at different angles from the same location. This hole reached approximately 390 metres, and we encountered around 125 metres of mineralized intervals.

Across the three holes, we have now observed almost 500 metres of visual mineralization. The challenge is that all of that core has to be cut, which has created a bottleneck in preparing and sending the samples to the laboratory.

We have just finished cutting this hole and will forward the samples as soon as possible.

Does that give you confidence that the company is drilling in the right area? As you mentioned, this section had never previously been drilled.

Yes. We do not have complete records of the original mine workings, so we do not know exactly where all of the tunnels are in the central part of the historic mine.

The upper portion was mined and later collapsed, which means we cannot simply drill through the old workings. There could be old equipment or other obstructions underground.

As a result, we have moved toward the eastern flank, western flank and areas below the historic workings. The drill rig is currently testing the system at depth.

We are looking forward to the next results. Being three-for-three so far is encouraging.

There is still a significant amount of drilling to come from the 10,000-metre program. How should investors view the results at this stage? Is it fair to describe them as positive early indications?

Yes. This is our third drill program at the Wedge, and we learn much more from each campaign.

We have developed a three-dimensional model with Apex Geoscience, Mike Dufresne and our technical team. We also have historic information from more than 300 drill holes.

Some of the historic data is not completely accurate. GPS technology was not available when much of the earlier work was completed, and historic operators may not have disclosed every detail about where mineralization was located.

The result is an evolving, live three-dimensional model. We are excited to take the project to the next level, and we will probably expand the drill program.

A second rig is also coming. We still want to test the company’s other targets rather than focus only on the Wedge.

The weather has been favourable, and the program remains on track. Our success has actually slowed us down because we would normally encounter 30 or 40 metres of mineralization rather than intervals of 100 or 200 metres. It is a good problem to have.

You mentioned the importance of modern geology and modern exploration techniques. Is this an area that particularly benefits from those advances?

It does. Geophysical technology has advanced significantly, particularly when working with conductive volcanogenic massive sulphide systems and critical minerals.

What is especially interesting is that we are identifying multiple new lenses. That is why we believe the mine has strong economic potential and can be brought back into production.

Historically, operators did not have access to today’s geophysical technology. They also did not assay for all of the metals we are interested in today. The historic focus was mainly on lead and zinc, so copper, gold and other metals were left behind.

We are seeing strong results, and geophysics is helping us expand the project footprint.

We also expect to conduct borehole surveys on the western side. We plan to complete four or five surveys that will examine the surrounding geology in all directions at regular intervals down to approximately 500 metres.

Those surveys should provide visibility of around 200 to 300 metres in multiple directions. They may help us identify historic workings and determine where mineralized lenses remain intact.

We have held off drilling parts of the western and northwestern areas until we receive that information, primarily for safety reasons. That work is expected to begin within the next two weeks.

However, it is not only the geophysics that matters. The interpretation of the information is critical.

That is where we have differentiated the company over the past two years. We brought in Mike Dufresne, who has experience in the Bathurst VMS camp, and we recently hired Art Hamilton, an experienced VMS professional with knowledge of the Bathurst camp.

We are building the company’s technical talent, and that is being reflected in our drill targeting. The intersections speak for themselves.

Patrick, thank you very much. It was another great update, and we look forward to our next conversation.

Thanks for having me.

Patrick Cruikshank, CEO of Nine Mile Metals.

Quotes have been lightly edited for style and clarity

Medicus Pharma (NASDAQ:MDCX) earlier this week provided an update on its redesigned clinical study for Teverelix, reporting that the revised protocol had received Institutional Review Board approval and had been accepted by the US Food and Drug Administration subject to operational observations.

CEO Raza Bokhari told Proactive that the company had acquired the Teverelix development programme through its purchase of UK-based Antev. He described Teverelix® as a next-generation hormone antagonist being developed for two men’s health indications.

Proactive: We have spoken in the past about Teverelix and your discussions with the FDA and the Institutional Review Board about how to move the program forward. You have now received written responses from both, and the news appears to be very positive. Are you on the right track?

Bokhari: We very much are. We have had a good day at Medicus Pharma (NASDAQ:MDCX).

For the benefit of your viewers, towards the end of last summer, we added a second asset to our portfolio through the acquisition of a UK-based company called Antev. Through that acquisition, we took over the clinical development programme for Teverelix, a next-generation hormone antagonist.

We are pursuing two indications in men’s health: one involving patients with advanced prostate cancer and a high cardiovascular risk profile, and another involving a novel study designed to prevent the relapse of acute urinary retention, primarily due to an enlarged prostate.

The second study inherited from Antev was designed to include 390 patients across multiple centres in Europe and the United States. It carried an estimated cost of more than $30 million.

Our research and development team reviewed the study and believed there was room to redesign and optimize the protocol while reducing the burden on patients. The redesigned protocol reduced the patient requirement from 390 to 126, representing a reduction of approximately 68%, while preserving scientific rigour.

The FDA agreed with us. The study has therefore become more cost-efficient while remaining a decision-grade study. We believe it could now cost less than $10 million.

The revised design also allows us to conduct an interim analysis to assess whether we are moving in the right direction. In novel studies, it is important to have inflection points that allow us to evaluate progress. This is a very positive outcome for us.

Proactive: We should confirm that the feedback from the FDA and the Institutional Review Board focused more on certain operational elements of the study rather than the core study design. It included matters such as demographic data and ensuring the correct documentation was in place. Is that accurate?

That is correct. The Institutional Review Board has approved the protocol. It has signed off on the protocol amendments, the optimized design and the changes we have made.

The FDA has provided observations that are operational in nature. There can always be concerns when a proof-of-concept study has already been reviewed by the FDA and a company returns to redesign it before patient recruitment begins, as that can potentially lead to a negative response.

We have been very fortunate that the FDA accepted the revised design while providing observations that are operational in nature. We will incorporate the additional points advised by the FDA.

We are now on track, and the company will provide an update when patient recruitment begins. We still have work to complete relating to chemistry, manufacturing and controls so that the product is available, as well as work to activate the clinical sites.

There is still a lot of work ahead of us, but it is becoming more efficient and streamlined. We are very excited that we are making good progress.

Quotes have been lightly edited for style and clarity

CES, held annually in January, is one of the most important trade shows where tech companies go to unveil innovations and showcase bold ideas for the future.

At the 2026 event, Nvidia CEO Jensen Huang offered something that has been just as impactful: his insights about the growing memory needs of artificial intelligence (AI). And based on where the stock prices of Micron Technology (MU +0.04%) and Sandisk (SNDK 3.99%) have gone since then, his understand of the situation was right on the money.

Nvidia CEO Jensen Huang. Image source: Nvidia.

The AI memory crunch Large language models are being asked to deliver on requests promptly, but there's also a growing expectation that these tools will preserve users' older requests and conversations as time savers to provide context for the new ones. That requires increasingly higher memory capacity in the data centers that power those AIs, which Huang alluded to in his January CES speech:

We would like this AI to stay with us our entire lives and remember every single conversation we've ever had with it, right? Every single lick of research that I've asked for. Of course, the number of people sharing the supercomputer will continue to grow. And so, this context memory, which started out fitting inside an HBM, is no longer large enough.

Over the last year, as Micron and Sandisk have kept reporting surging revenue figures in their respective quarterly reports, Huang's insight on the expanding demand for memory and storage for AI has proven true.

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AI boosts revenue In Micron's fiscal 2026 third quarter, it reported total revenue of $41.4 billion, which was a significant increase for the company; its full-year revenue in 2025 was just $37.3 billion. That rapid revenue growth is thanks to its cloud and data center divisions.

Quarter

Cloud Memory Revenue

Core Data Center Revenue

Q3 2025

$3.3 billion

$1.5 billion

Q3 2026

$13.7 billion

$11.5 billion

Data source: Micron.

Sandisk's top line is smaller than Micron's, but it's still growing significantly. Its total revenue in its fiscal 2026 third quarter was $5.9 billion, up 251%. Its data center and edge divisions (providing memory storage for things like drones and car sensors) have been key revenue drivers.

Quarter

Data Center Revenue

Edge Revenue

Q3 2025

$197 million

$927 million

Q3 2026

$1.4 billion

$3.6 billion

Data source: Sandisk.

Why sales can keep growing The AI infrastructure build-out isn't expected to slow down anytime soon, and as long as it continues, demand for memory and storage chips will remain robust. But each of these companies is signing longer-term deals with customers that lock in prices and supply agreements for multiple years. This should eventually help them offset some of the cyclicity that the memory and data storage industry is known for.

Micron signed 16 strategic customer agreements in its fiscal third quarter, with cash deposits and financial commitments totaling $22 billion to date. Meanwhile, in its third quarter, Sandisk signed three contracts with total contractual revenue of at least $42 billion.

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The stock prices for both have pulled back over the past few days, but those retrenchments came on the back of strong runs upward. Thus far in 2026, while Nvidia shares have climbed by 11%, shares of Micron have performed much better; Micron's stock price is up nearly 200%, while shares of Sandisk have skyrocketed by almost 500%.

The short term looks a little uncertain amid an AI sector sell-off. Still, as there appears to be no end in sight to the deep mismatch between memory and storage supply and demand, both stocks could keep rewarding investors over the next several years.

CompaniesMEXICO CITY, July 18 (Reuters) - Mexico’s health and agricultural ministries announced they are investigating a large outbreak of a foodborne illness in the U.S. ​linked to iceberg lettuce grown in Mexico and sold at ‌Taco Bell.

Cofepris, Mexico’s sanitary regulator, and Senasica, the country’s agricultural and food safety regulator, said in a statement Friday that they have an interagency technical working group investigating ​the matter and adopting preventive measures.

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The group has undertaken inspections and ​traceability analyses that “are strictly preventive in nature” and “aimed at mitigating any ⁠potential health risk,” the agencies said.

The CDC has reported around 100 ​hospitalizations of people becoming sick with cyclosporiasis, a parasitic infection that can cause ​severe diarrhea and other gastrointestinal symptoms, after eating shredded lettuce at Taco Bell restaurants in Indiana, Kentucky, Michigan, Ohio and West Virginia.

A Taco Bell order and drinks sit inside the first digital-only U.S. location at Times Square in New York City, U.S., April 14, 2021. REUTERS/Shannon Stapleton/ File Photo Purchase Licensing Rights, opens new tab

On Friday, Taylor Farms, a California-based lettuce supplier, and ​food distributor Sysco (SYY.N), opens new tab, America’s largest, said they are removing iceberg lettuce sourced from ​central Mexico, based on information provided by the U.S. Food and Drug Administration (FDA).

An industry ‌source ⁠who requested anonymity because they were not authorized to speak to the media told Reuters that the lettuce was produced as 5-pound (2.3-kg) bags at Taylor Farms' facility in Guanajuato, in central Mexico. The source also said that Sysco ​widely distributes such ​bags to hospitals, ⁠ball parks and fast-food chains.

Mexico’s health and agricultural ministries cautioned in their statement that "the investigation remains ongoing, and it ​is important to emphasize that identifying a product's country ​of origin ⁠through traceability does not, by itself, confirm that contamination occurred in Mexico."

Taylor Farms' growing and processing facilities in Mexico were the source of another major U.S. ⁠cyclosporiasis ​outbreak. A 2013 outbreak sickened more than ​600 people in 25 states, according to the CDC, and was traced to salad mix from ​Taylor Farms de Mexico in Guanajuato.

Reporting by Emily Green; Editing by Alistair Bell

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Emily is the chief correspondent for Mexico and Central America. She won the inaugural Pulitzer Prize for audio reporting for her coverage of migrant kidnappings in Mexico. Emily covers the economy, trade, tariffs and macroeconomics.