[SINGAPORE] Bitcoin has fallen about 28 per cent this year, with its latest slide to a 21-month low sparked by Strategy unloading the cryptocurrency.
The world’s largest corporate holder of Bitcoin sold 3,588 tokens worth about US$216 million between Jun 29 and Jul 5 to fund dividends on its digital credit securities. The trades work out to an average of US$60,000 per Bitcoin.
The disposal marked its largest Bitcoin sale since 2022, despite long-time Bitcoin advocate and company chief Michael Saylor’s repeated declarations that the company would not sell its holdings.
The move has raised concerns that if Strategy continues to trim its Bitcoin holdings to raise cash, it could trigger prolonged volatility in the world’s largest cryptocurrency.
Even so, market observers believe the latest weakness is temporary, with some saying the recent pullback could present a buying opportunity for investors in South-east Asia.
A headwind or a tactical move?The optics of a staunch Bitcoin advocate liquidating a not-insignificant amount of tokens have raised fears that cash-raising sales could become a structural headwind.
Carsten Menke, head of next-generation research at Julius Baer, wrote in a Jul 2 note: “Forced selling by treasury companies is an overhang not only for Bitcoin, but digital assets more broadly.”
However, Vincent Chok, chief executive of digital assets custodian First Digital, pointed out that Saylor’s sale was likely a tactical manoeuvre designed to satisfy traditional credit rating agencies, rather than a fundamental loss of conviction.
Hassan Ahmed, Singapore country director of crypto platform Coinbase, also noted that the sale has not triggered a broader change in strategy among other large corporate holders. Danny Chong, co-chairman of non-profit Digital Assets Association (DAA), agreed that there is no evidence of broad institutional capitulation. “Some institutional selling is inevitable as Bitcoin becomes more widely held by funds, corporates and treasury investors,” he noted.
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Instead, he said the key question is whether the selling is driven by a loss of conviction or simply by liquidity needs, portfolio rebalancing or treasury management.
So why is Bitcoin low now?Ahmed attributed Bitcoin’s near-term softness to broader macroeconomic forces. The cryptocurrency is a highly liquidity-driven asset, making it sensitive to hawkish US Federal Reserve signals.
Chong echoed this sentiment, cautioning against attributing the recent drop to a single factor. While Strategy’s sale may have triggered headlines, Chong pointed out that the broader drivers are macro conditions, capital flows and risk sentiment.
“As institutional participation grows, Bitcoin is increasingly affected by portfolio allocation decisions that also influence equities, gold and other major asset classes,” Chong said.
Despite the price drop, the underlying structure of the largest cryptocurrency’s market is showing signs of resilience, said experts.
Ahmed said that Bitcoin has matured significantly as an asset class. Because it now takes substantially more capital to move the market, historical volatility is dampening.
While previous market cycles suffered drawdowns of 60 to 80 per cent, Ahmed suggested that the current cycle’s maximum drawdown might cap out much lower, potentially around 53 per cent from its peak.
Chong agreed that Bitcoin’s fundamentals have not weakened.
“Adoption continues to grow, institutional participation is increasing, and market infrastructure is much more mature than before,” he said, noting that recent price movements reflect sentiment and positioning rather than a deterioration in Bitcoin itself.
Because Bitcoin is becoming more institutionalised and access is improving through regulated products, Chong said that long-term investors may be encouraged to step in during periods of weakness, “making a sustained trend of lower lows less likely over the medium to long term”.
Rebound to comeDespite the short-term fear, sentiment remains opportunistic for Bitcoin.
First Digital’s Chok expects Bitcoin to begin rebounding around or after the end of the year, projecting a near-term price floor around US$52,000 to US$53,000. The cryptocurrency was trading at about US$63,000 on Thursday (Jul 9).
Ahmed pointed to a potential market turnaround by late Q3 or Q4, provided macro indicators such as inflation and jobs data begin to ease.
South-east Asian investors are also increasingly viewing the recent dip as an entry point, said Chok.
They have historically been more open to the relatively newer asset class and often favour holding tokens natively in cold wallets, he added.
For retail and South-east Asian investors navigating the current market, DAA’s Chong said that short-term institutional selling should not automatically alter a long-term investment thesis. However, investors must remain realistic about the inherent volatility.
Ultimately, while the temptation to sell now and buy back lower is high, both Ahmed and Chok warned against actively trading the volatility.
“Time in the market is just way more important than timing the market,” said Ahmed.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
PANews, July 10 – According to CoinDesk, in June alone, U.S. spot Bitcoin ETFs saw net outflows of $4 billion, led by BlackRock’s IBIT, as funds rotated into AI trades and the SpaceX IPO, among other opportunities. Bitcoin fell about 14% in the second quarter, dipping below $60,000 and recording its third consecutive quarterly loss. However, these outflows pale in comparison to the $2 trillion private credit market. In Q2, private credit redemption requests hit $15.6 billion, with 10 out of 16 business development companies (BDCs) breaching the 5% quarterly cap, and most investors received only partial payouts. Fitch expects redemptions to persist in the coming months, and unmet requests will keep many firms under sustained pressure.
Bitcoin ETFs are highly liquid, and outflows directly impact BTC prices; private credit BDCs, by contrast, are illiquid, long-duration instruments. The simultaneous redemption wave reflects broad market anxiety over liquidity and risk. Energy markets are also flashing risk-off signals, with the U.S. Strategic Petroleum Reserve at its lowest level since 1983. QCP Capital summed it up: “Different asset classes, same pattern: market buffers are shrinking.” It noted that the SPR near empty, Strategy selling BTC for the first time to pay dividends, and private credit redemptions breaching thresholds all point to a tougher environment for risk assets.
According to official announcements, OKX will launch spot trading for Solstice (SLX) at 20:00 on July 10. Users can start depositing assets at 10:00 the same day, pre-place orders for SLX/USDT between 19:00 and 20:00, and withdrawals will open at 22:00.
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According to official announcements, OKX will launch spot trading for Solstice (SLX) at 20:00 on July 10. Users can start depositing assets at 10:00 the same day, pre-place orders for SLX/USDT between 19:00 and 20:00, and withdrawals will open at 22:00.
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Public companies went on a Bitcoin shopping spree in Q2 2026 that makes their prior accumulation look like a warm-up lap. Over the quarter, publicly traded firms collectively scooped up 110,000 BTC, a figure that’s 1.8 times the total they acquired across the previous two quarters combined.
Total corporate Bitcoin holdings now exceed 1.26 million BTC, valued at roughly $79 billion. That’s more than 6% of Bitcoin’s hard-capped 21 million supply locked up in public company balance sheets.
Corporations are outpacing the miners Year-to-date through early July 2026, public companies have added a net 166,984 BTC to their reserves. During that same stretch, Bitcoin miners produced approximately 81,153 BTC.
In English: corporations are buying more than twice the amount of new Bitcoin entering existence. When a growing number of buyers compete for a shrinking pool of available coins, the float gets squeezed.
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Who’s doing the buying No surprise at the top of the leaderboard. Strategy, the firm formerly known as MicroStrategy, remains the undisputed heavyweight champion of corporate Bitcoin accumulation. The company holds approximately 843,775 to 847,000 BTC.
Interestingly, even Strategy isn’t purely in accumulation mode anymore. The company sold 3,588 BTC in late June and early July, a tiny fraction of its total stack but notable because it represents one of the few times the firm has moved coins out the door rather than in.
Behind Strategy, two names have emerged as serious contenders. Twenty One Capital holds around 43,500 BTC, while Metaplanet has built a position of roughly 43,000 BTC.
The concentration is worth noting. Strategy alone accounts for roughly two-thirds of all publicly held corporate Bitcoin. The remaining third is spread across a growing but still relatively small cohort of companies.
What this means for investors The supply-demand imbalance is the headline risk and opportunity. With corporate buyers absorbing more than double the new supply being mined, Bitcoin’s available float is shrinking in real time.
There’s a reflexivity problem worth watching. Many of these companies fund their Bitcoin purchases by issuing equity or convertible notes. That works beautifully when Bitcoin’s price is rising and investor appetite for these instruments is strong. It works considerably less well during drawdowns, when the same companies face margin pressure and potentially need to sell into weakness. Strategy’s small sale in late June could be a one-off, or it could be a preview of what happens when even the most committed holders need liquidity.
The 6% supply concentration in public company hands also introduces a new category of systemic risk. If a major holder ever faced a forced liquidation, whether from regulatory action, a corporate restructuring, or a leveraged position gone wrong, the market impact could be severe. Bitcoin has never had this much supply held by entities subject to quarterly earnings calls and SEC filings.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Bitcoin [BTC] is beginning to regain demand. This comes after weeks of persistent selling pressure weakened participation across both spot and derivatives markets.
Over the past week, the 30-day cumulative demand rebounded sharply from nearly -500,000 BTC to around -75,000 BTC. This shift signaled that risk appetite is gradually returning.
Source: CryptoQuant Notably, futures demand recovered from roughly -295,000 BTC to slightly above neutral. Despite that, spot demand remained weak near -78,000 BTC, showing long-term investors are still waiting for stronger confirmation. Moreover, that divergence suggests traders are positioning for higher prices before meaningful capital enters the spot market.
Although sentiment has clearly improved, Bitcoin’s recovery will remain vulnerable until spot accumulation strengthens, reinforcing derivatives-driven momentum with broader investor conviction.
Downside fears begin to ease Bitcoin’s options market nuances cautious spot participation, although investors are no longer pricing downside risk as aggressively compared to the previous sell-offs.
During the February and June selloffs, put implied volatility surged as traders rushed to hedge against deeper losses. July presents a different picture. In contrast, in July, as Bitcoin traded between $60,000 and $65,000, downside premiums have cooled noticeably.
Such a divergence indicates that expectations are shifting from another capitulation toward a slower bottoming process.
Source: Glassnode This shift reflects a market that has already experienced significant declines over several months. As a result, reducing the urgency for costly downside protection. Even so, investors should be cautious since calmer options pricing does not necessarily translate to renewed conviction.
Additionally, ETF participation remains inconsistent while spot accumulation has fallen behind derivative demand. Therefore, until fresh capital flows back into spot markets, improved sentiment could face challenges in generating widespread buying needed for a durable recovery.
Distribution remains a market headwind Even as downside fears continue easing, Bitcoin’s recovery is still meeting resistance from holders taking profits accumulated during the previous cycle. Long-term holder realized losses remain elevated on the 30-day Moving Average, although they have moderated from the extreme spikes recorded during the 2022 bear market.
Source: Glassnode Meanwhile, realized profit and loss data shows short-term holders continue accounting for a larger share of market activity, reflecting uncertainty among newer investors as prices stabilize.
That combination suggests supply is gradually rotating from experienced holders to fresh participants rather than disappearing altogether. Furthermore, an increase in demand for bitcoin is absorbing most of the distribution of supply.
However, until long-term holder selling slows further, Bitcoin’s recovery is likely to remain gradual instead of accelerating into a sustained bullish trend.
Final Summary Bitcoin recovery remains incomplete as spot demand continues trailing derivatives activity. BTC still faces long-term holder selling despite easing downside fears and improving market sentiment.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Decentralized finance (DeFi) tokens have held up unusually well against Bitcoin over the past month, suggesting the market may be “quietly re-rating” the sector, says crypto index fund maker Bitwise.
Bitcoin (BTC) fell about 22% in June, while Bitwise’s index tracking tokens from major DeFi protocols fell only 4% over the same period, Bitwise said in a report Thursday.
“DeFi usually swings much harder than Bitcoin, so holding up this well is unusual, and almost no one is talking about it,” it said.
DeFi tokens have a reputation for being highly volatile during crypto market swings, as they’re the first to be sold by risk-averse traders. However, Bitwise said this is changing as traditional institutions have begun to use the protocols, which have stabilized the wider DeFi ecosystem.
“We think DeFi is quietly re-rating,” Bitwise said. “Token economics are improving, the gap between usage and token value is closing, and real institutions are building on names like Morpho and Jupiter, with Aave alone generating ~$900 million in the past year.”
“We expect DeFi’s outperformance to keep playing out in Q3, the kind of shift the market tends to notice late,” it added.
Source: Bitwise
Bitwise’s DeFi index fund weighs assets by market capitalization, and its current holdings are weighted 61% toward Hyperliquid (HYPE), the native token used by the crypto perpetuals exchange of the same name that has gained more than 160% so far this year.
The index also holds Uniswap (UNI), Ondo (ONDO) and Aave (AAVE), among others, all of which have fallen by double-digit percentages year to date.
DeFi value locked drops over 2026While HYPE has propped up the value of DeFi tokens, total value locked in DeFi has fallen nearly 40% so far this year through June, declining to just over $70 billion from roughly $115 billion in January, CryptoRank reported June 24.
The crypto data aggregator attributed the market decline to the major correction in early October, which came after the crypto market peak, when Bitcoin hit a high of more than $126,000.
However, the company said the current drawdown remains smaller than during the 2022 bear market, suggesting a more resilient DeFi market.
Bitwise says expect stablecoins, volatility if CLARITY failsIn its report, Bitwise also noted key upcoming events it expects will affect the crypto market.
It said it expects “a steady run of large firms to announce stablecoin projects” ahead of the GENIUS Act, a stablecoin-regulating bill the US made law last year that takes effect in January 2027.
Stablecoin supply has held amid the crypto market downturn, it added, and their growth will positively affect blockchains such as Ethereum and Solana this quarter as regulators finalize their rules for the GENIUS Act.
Bitwise said it also expects the next three months will be “make-or-break for the CLARITY Act,” the crypto market structure bill currently under review and negotiation in the Senate that Bitwise said has an unlikely chance of passing before the November elections.
“If it passes, we believe it likely marks this bear market’s bottom,” Bitwise said. “If it fails, expect volatility initially, then a clearing of uncertainty as the industry keeps building under a pro-crypto SEC and CFTC.”
Features: DeFi hacks shake institutional confidence as risks outpace yields
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XRP has recorded a slump in its Volume Z-Score on Binance as Open Interest declines to a 3-month low amid the ongoing downtrend.
XRP remains under pressure as the broader crypto market continues to trend lower. The ongoing decline has pushed prices down by more than 40% this year, putting the altcoin on track for its biggest yearly loss since the 2022 bear market.
Meanwhile, market data reveals a slowdown in trading activity on Binance. Recent figures show that both XRP’s Binance Volume Z-Score and Binance Open Interest have dropped significantly.
Binance XRP Volume Z-Score Shows Lower Trading Activity The Binance XRP Volume Z-Score (30D) shows that XRP trading activity on Binance has fallen below the exchange’s average trading volume over the past 30 days.
The latest reading puts the Volume Z-Score at about -0.59, while XRP trades near $1.13. This negative reading means that current trading volume sits below the monthly average. In simple terms, fewer traders are actively participating in the market.
The data also shows that the indicator climbed above 3 several times in recent months. Those spikes matched periods of heavy trading volume and sharp price swings.
XRP Volume Z-Score | CryptoQuant Since then, however, the Volume Z-Score has gradually returned to negative territory. This change confirms that XRP is seeing weaker momentum and lower market participation.
Investors Wait for Fresh Market Catalysts Lower trading volume does not automatically mean the market has turned bearish. Notably, it often shows that investors are taking a wait-and-see approach as they look for new developments that could bring fresh liquidity into the market.
If the Volume Z-Score stays below its average for a long period, the lower level of participation could weaken the strength of the current price trend, whether the market moves up or down. With fewer traders entering the market, price moves often lose some of their momentum.
Binance Open Interest Falls to a Three-Month Low XRP is also witnessing similar trends in the futures market. Specifically, data from Binance shows that open interest in XRP futures contracts has dropped in recent days to about 397 million XRP, its lowest level in more than three months.
This decline comes as XRP trades around $1.09, down 5.4% this week, and shows that futures market activity has slowed as the price continues to fall. The trend suggests that fewer traders are taking leveraged positions than they were earlier this year.
XRP Open Interest on Binance | CryptoQuant A drop in open interest means the total number of outstanding futures contracts has fallen. This usually happens because traders close existing positions or because fewer new positions enter the market.
Although lower open interest does not automatically indicate more downside, it does show that fewer traders are participating in XRP’s futures market. This environment develops when investors reposition themselves while waiting for a clearer market direction.
If open interest starts rising again alongside a recovery in XRP’s price, it could indicate that liquidity is returning and that trading activity is picking up again. On the other hand, if open interest continues to fall, it may show that traders remain cautious and prefer to wait for stronger signals before opening new positions.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Crypto analyst Jesse, appearing on a podcast focused on XRP developments, claimed that Japan has moved to broadly permit use of Ripple’s RLUSD stablecoin within its financial ecosystem, a development he framed as a potential turning point for global crypto adoption.
A claimed shift toward Japan
According to Jesse, Japanese regulators have taken a permissive stance on RLUSD that would allow it to be used across multiple sectors of the country’s economy. “They basically green-lit RLUSD as a do-it-everywhere,” he said, adding that the token could be integrated widely across Japan’s financial ecosystem.
He suggested the development could position Japan as an emerging hub for crypto infrastructure. “Maybe what we end up with here is a new emerging region in the world that is way ahead, much like what the US was when Wall Street and Silicon Valley were launched,” Jesse said. Neither Ripple nor Japanese regulators have publicly confirmed the specifics of this claim, and it should be treated as commentary from the podcast rather than confirmed policy.
Jesse argued the timing matters because the US has yet to pass the CLARITY Act, the crypto market structure bill still pending in the Senate. “Unfortunately, I’m wondering if the US is going to actually fall behind on all of this. They need to get this passed,” he said.
Political gridlock in Washington
The conversation also touched on the CLARITY Act’s uncertain path through Congress, where the bill has faced continued opposition from some lawmakers, including Senator Elizabeth Warren. “These next two weeks will decide how the US is going to go forward,” Jesse said.
He also floated a theory linking the bill’s fate to unrelated housing legislation. “I still think there might be an opportunity here where this housing bill is held hostage for the CLARITY Act,” Jesse said, though he acknowledged this was speculation on his part rather than confirmed political strategy.
Jesse closed by comparing the current moment in crypto to earlier technology inflection points. “These are the same signs that I saw then, I see now,” he said, pointing to the early internet era and the 2007 launch of the iPhone as parallels to today’s infrastructure shift.
Story Ends Here
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Seven different XRP exchange-traded funds now trade on US exchanges. The five primary spot funds alone held $927.78 million in combined net assets as of early June 2026, while cumulative net inflows across the XRP ETF complex have reached roughly $1.47 billion since the first fund launched in November 2025. If you’ve searched for a specific ticker — XRPI, XRPC, GXRP, TOXR — and come away more confused about which fund is which, you’re not alone: these products launched within months of each other in late 2025 and early 2026, each from a different issuer, with different fee structures and, in one case, futures-based rather than spot exposure. Here’s the complete breakdown.
Key Takeaways Seven XRP ETFs currently trade in the US: Bitwise (XRP), Canary Capital (XRPC), Franklin Templeton (XRPZ), Grayscale (GXRP), REX-Osprey (XRPR), 21Shares (TOXR), and Volatility Shares (XRPI) Six of the seven hold spot XRP directly in institutional custody; XRPI is a futures-based product tracking CME XRP futures contracts rather than holding spot XRP directly Fees range from 0.19% (Franklin Templeton’s XRPZ) to 0.75%, with several issuers running temporary fee waivers to attract early assets All can be bought through standard brokerage accounts — Fidelity, Schwab, Vanguard, Robinhood — without needing a crypto wallet or private keys Grayscale’s GXRP originated as a private trust before converting to ETF structure, which is why it sometimes appears in searches as “Grayscale XRP Trust” The Complete List of XRP ETFs TickerIssuerStructureExpense RatioCustodianLaunchXRPBitwiseSpot0.34%Coinbase PrimeNov 19-20, 2025XRPCCanary CapitalSpot0.50%Gemini Trust + BitGo TrustNov 12-13, 2025XRPZFranklin TempletonSpot0.19%—Late 2025GXRPGrayscaleSpot (converted trust)~0.35%—Early 2026TOXR21SharesSpot (ETP structure)~0.34%—Nov 2025XRPRREX-OspreySpot~0.75%—Late 2025XRPIVolatility SharesFutures-based (1x)0.94%—May 22, 2025 Fee and custodian figures for Bitwise and Canary Capital are confirmed via SEC filings and fund provider data. Figures for the remaining five issuers are drawn from secondary reporting and haven’t been independently verified against primary sources — always confirm current terms directly with the issuer or your brokerage before investing.
What Actually Happened, and Why So Many Launched at Once Spot XRP ETFs became possible only after the SEC resolved the long-running legal uncertainty around XRP’s regulatory status in 2025. Once that cleared, approvals came in a wave rather than one at a time — multiple issuers had registration statements sitting ready, and Ripple CEO Brad Garlinghouse described the resulting rush of near-simultaneous launches as a “pre-Thanksgiving rush” when Bitwise’s fund debuted in November 2025. Bitwise’s XRP ETF became the first mover and quickly the most liquid, reporting over $100 million in inflows in its opening days. Canary Capital’s XRPC and 21Shares’ TOXR followed within the same window.
Demand has been uneven but persistent since launch. May 2026 was the strongest month yet for the complex, with $131.94 million in net inflows, and as of late June the funds had strung together eight consecutive weeks of positive flows. Retail investors have driven the bulk of that demand — accounting for roughly 84% of inflows by some estimates — while larger institutional participation has moved in fits and starts; Goldman Sachs, for instance, built and then fully exited a $153.8 million XRP ETF position within two quarterly filings. For the latest on how these funds are trading, see today’s XRP news.
XRPI Is Different From the Others — Here’s What to Know Most searches for individual XRP ETF tickers assume every fund works the same way: hold XRP, track its price 1:1. That’s true for six of the seven funds, but not for XRPI. Volatility Shares’ product, which launched earliest of the group on May 22, 2025, doesn’t hold spot XRP at all — instead, it invests principally in XRP futures contracts traded on the CME (Chicago Mercantile Exchange) through a wholly-owned Cayman Islands subsidiary, a structure commonly used by futures-based crypto ETFs to manage tax treatment. It targets 1x daily XRP performance, not a leveraged or amplified return, but the futures-based mechanics mean its returns can still diverge from spot XRP over time due to factors like futures roll costs — a nuance that doesn’t apply to the six spot-holding funds on this list. Volatility Shares separately offers a genuinely leveraged 2x product under a different ticker (XRPT), which is a distinct fund from XRPI and worth not confusing with it. If you’re looking for the most direct XRP price exposure, one of the six spot funds tracks the underlying asset more cleanly; XRPI is a futures-based alternative for investors who prefer that structure specifically.
Grayscale’s GXRP: Trust-to-ETF Conversion Explained Grayscale’s XRP product has a different history than the others. It originated as a privately-traded trust — the kind of structure Grayscale has long used to offer crypto exposure to investors before spot ETFs existed for a given asset — and later converted into a standard ETF. That conversion matters practically: trust shares often trade at a premium or discount to the underlying asset’s actual value, while properly functioning ETFs use a creation/redemption mechanism that keeps share price closely tied to net asset value. Now that GXRP trades as a converted ETF, that discount/premium dynamic has largely resolved, giving holders cleaner price tracking than the legacy trust structure offered.
How to Buy an XRP ETF Every fund on this list trades on standard US exchanges (NYSE, Nasdaq, or Cboe BZX) and can be purchased the same way you’d buy any stock or ETF:
Open or log into a brokerage account — Fidelity, Schwab, Vanguard, and Robinhood all support these tickers Search the specific ticker symbol (XRP, XRPC, XRPZ, GXRP, TOXR, XRPR, or XRPI) Place a standard buy order, same as purchasing any equity ETF No crypto wallet, exchange account, or private key management is required — the fund’s custodian (Bitwise uses Coinbase Prime; Canary Capital splits custody between Gemini Trust and BitGo Trust; other issuers use their own arrangements) holds the underlying XRP, and your brokerage account holds shares representing your claim on it.
Frequently Asked Questions What is XRPI? XRPI is Volatility Shares' XRP ETF, and the earliest-launched fund on this list (May 2025). Unlike the other six funds, it doesn't hold spot XRP — it invests in CME XRP futures contracts and targets 1x daily XRP performance. It's a different structure than a leveraged product, but futures-based mechanics mean returns can still diverge from spot XRP over time.
What is XRPC? XRPC is Canary Capital's spot XRP ETF, one of the first XRP ETFs to launch in the US in late 2025. It holds XRP directly in institutional custody and trades on Nasdaq.
When were XRP ETFs approved? The SEC approved the first spot XRP ETFs in late 2025 after resolving prior legal uncertainty around XRP's regulatory status. Bitwise's fund launched first on November 20, 2025, with Canary Capital, 21Shares, Franklin Templeton, Grayscale, and REX-Osprey following within the subsequent months.
What is Grayscale's XRP ETF called? Grayscale's XRP product trades under the ticker GXRP. It originated as a private trust before converting to a standard ETF structure, which is why some searches reference it as the "Grayscale XRP Trust."
How many XRP ETFs are there? As of mid-2026, seven XRP ETFs trade in the US: Bitwise (XRP), Canary Capital (XRPC), Franklin Templeton (XRPZ), Grayscale (GXRP), REX-Osprey (XRPR), 21Shares (TOXR), and Volatility Shares (XRPI). The five primary spot funds held a combined $927.78 million in net assets as of early June 2026, with cumulative net inflows across the complex reaching roughly $1.47 billion since November 2025. Contentgoogle_us_solana-wallet-tracker_serp-overview_2026-07-08_14-01-09.csvcsvgoogle_us_usd1-stablecoin_serp-overview_2026-07-08_14-01-17.csvcsvgoogle_us_usd1-stablecoin_matching-terms_2026-07-08_14-13-16.csvcsvgoogle_us_usd1-stablecoin_matching-terms_2026-07-08_14-13-53.csvcsvgoogle_us_usd1-stablecoin_related-terms_2026-07-08_14-13-23.csvcsvgoogle_us_usd1-stablecoin_related-terms_2026-07-08_14-14-13.csvcsvgoogle_us_usd1-stablecoin_related-terms_2026-07-08_14-14-22.csvcsvgoogle_us_usd1-stablecoin_serp-overview_2026-07-08_14-12-12.csvcsvblockchainreporter.net-dogecoin-price-conten_2026-07-08_14-23-12.csvcsv-content-gap-us_2026-07-08_14-43-13.csvcsvblockchainreporter.net-organic-keywords-sub_2026-07-08_15-14-10.csvcsvblockchainreporter.net-top-pages-subdomains_2026-07-08_15-14-01.csvcsvblockchainreporter.net-organic-keywords-sub_2026-07-08_23-25-57.csvcsvblockchainreporter.net-top-pages-subdomains_2026-07-08_23-25-52.csvcsvblockchainreporter.net-organic-keywords-histo_2026-07-09_02-58-12.csvcsvblockchainreporter.net-organic-keywords-sub_2026-07-09_19-02-46.csvcsvblockchainreporter.net-top-pages-subdomains_2026-07-09_19-02-42.csvcsvblockchainreporter.net-content-gap-domain-us_2026-07-09_19-08-38.csvcsvgoogle_us_societe-generale-euro_serp-overview_2026-07-09_19-12-42.csvcsvgoogle_us_xrp-etf-news_matching-terms_2026-07-09_19-33-14.csvcsvgoogle_us_xrp-etf-news_related-terms_2026-07-09_19-33-21.csvcsvgoogle_us_xrp-etf-news_serp-overview_2026-07-09_19-32-05.csvcsvgoogle_us_xrpc_serp-overview_2026-07-09_19-35-29.csvcsvgoogle_us_xrpi_serp-overview_2026-07-09_19-35-13.csvcsvgoogle_us_xrp-etf-inflows-2026_serp-overview_2026-07-09_19-45-33.csvcsv
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XRP price is up by 1.6% today, July 9, to trade at $1.09 at the time of writing. These gains come as SWIFT announces that it will be working with 17 banks, some of which are affiliated with Ripple, for a pilot phase for its blockchain-based ledger.
SWIFT Partners With Banks For Tokenized Cross-Border Payments SWIFT has announced that it will be working with 17 banks to check whether its blockchain can be used to facilitate payments made between countries.
Some of the banks named in this project, like Standard Chartered and UBS, use Ripple to custody crypto assets or to enable payments across countries using the XRP Ledger.
This initiative comes after Ripple Treasury joined the SWIFT Certified Partner Program in April 2026.
However, an analyst on X notes that Ripple’s partnership with SWIFT might not be bullish for the price of XRP because SWIFT will not use the XRP token on its blockchain-based ledger.
“Sorry $XRP holders, but the “bridge currency” and “liquidity” is tokenized deposits; not a L1 gas token,” the analyst said.
Still, XRP price made a slight gain of 1.5% on the news of SWIFT working with banks affiliated with Ripple.
XRP Technical Outlook as Price Remains Below Key EMA Levels The price of XRP has closed below the 20-day EMA of $1.11 for three straight days. This move suggests that the short-term trend is favoring bears.
If XRP fails to recover above this 20-day EMA, the price could drop to the psychological support of $1.
A drop to $1 could increase selling pressure that could pull the price down to the November 2024 low of $0.87.
However, buyers might come back because geopolitical tensions are easing after Trump said that Iran wants to make a deal for peace to end the conflict that began in February 2026.
This buying pressure could push the XRP price to the 50-day EMA level of $1.17.
XRP Price Chart However, the RSI reading of 43 suggests that the momentum is favoring bears and XRP could drop tp $0.87.
XRP ETFs Record Highest Outflows in Three Months Data from SoSoValue shows that spot XRP ETFs saw $7.29 million in outflows on July 8. This is the highest outflow that these ETFs have seen since March, 2026.
XRP ETF Inflows The outflows suggest that there is low demand for XRP by institutions, and this could make the price to drop to the psychological support of $1.
Data from Coinglass also suggests that the sentiment around XRP is bearish because of the declining long/short ratio. This ratio has dropped to 0.96, suggesting that there are more short positions than long positions.
XRP’s open interest has also dropped from $2.58 billion on July 5 to $2.33 billion today, July 9, suggesting that there is also weak demand coming from speculative traders, and the price could keep dropping.
XRP price has climbed about 1.6% after SWIFT announced a blockchain payments pilot involving 17 banks, including several with Ripple ties.
Summary
XRP gained around 1.6% after SWIFT launched a blockchain payments pilot involving Ripple-linked banks. Spot XRP ETFs recorded $7.29 million in outflows, the largest daily withdrawal since March 2026. Technical indicators and derivatives data suggest sellers still hold the upper hand despite the rebound. According to SWIFT, the pilot will evaluate whether distributed ledger technology can support international payments across participating financial institutions. Among the banks involved are Standard Chartered and UBS, both of which have existing business ties with Ripple through crypto custody services or cross-border payment infrastructure built on the XRP Ledger.
The announcement follows Ripple Treasury’s entry into the SWIFT Certified Partner Program in April 2026, a step that strengthened the company’s relationship with the global payments network. Even so, the announcement has also sparked debate over whether the project has any direct implications for XRP itself.
An analyst on X argued that the pilot should not automatically be viewed as bullish for the token because SWIFT’s proposed settlement model relies on tokenized bank deposits rather than XRP. The analyst stated that the blockchain network would use tokenized deposits as the bridge asset instead of a layer-1 gas token, suggesting the initiative does not create direct demand for XRP.
"enabling 24/7 cross-border payments using tokenized deposits across six continents."
Sorry $XRP holders, but the "bridge currency" and "liquidity" is tokenized deposits; not a L1 gas token, which is used to charge a very very small fee to prevent free spam on your chain.
The… https://t.co/b99c7mSUA3
— Fishy Catfish (@CatfishFishy) July 9, 2026 Despite those reservations, XRP (XRP) traded around $1.09 at the time of writing, posting modest daily gains as traders reacted to the banking partnership news.
Institutional demand has weakened despite the price bounce At the same time, institutional positioning has moved in the opposite direction. Data from SoSoValue shows that spot XRP exchange-traded funds recorded $7.29 million in net outflows on July 8, the largest single-day withdrawal since March 2026.
The outflows indicate that institutional investors have reduced exposure even as XRP attempts to stabilize above the $1 level. If buying interest continues to soften, the psychological $1 support could come back into focus during the next leg lower.
Derivatives markets also paint a cautious picture. CoinGlass data shows XRP’s long-to-short ratio has slipped to 0.96, meaning bearish positions now slightly outnumber bullish bets. Open interest has also fallen from $2.58 billion on July 5 to $2.33 billion on July 9, suggesting speculative traders have been closing positions instead of opening new ones.
Technical indicators continue to favor sellers Price action on XRP’s charts remains mixed despite the latest recovery. On the 4-hour chart, XRP is trading below the Supertrend indicator while repeatedly failing to reclaim a descending trendline. The token is also struggling near the 78.6% Fibonacci retracement level around $1.094, which has become immediate resistance after the recent selloff.
XRP 4-hour price chart — July 10 | Source: crypto.news Additional resistance levels sit near the 61.8% and 50% Fibonacci retracement zones at roughly $1.114 and $1.127. A sustained move above those levels would be needed to weaken the current bearish structure.
The daily chart also suggests buyers have yet to regain control. Although the MACD remains above its signal line, the histogram has started to fade, indicating bullish momentum is slowing. At the same time, the Chaikin Money Flow has turned only slightly positive, pointing to limited capital inflows rather than strong accumulation.
XRP daily price chart — July 10 | Source: crypto.news Taken together, the technical setup aligns with the latest derivatives and ETF data. While the SWIFT announcement has helped lift sentiment in the short term, XRP still faces resistance from weakening speculative demand, institutional outflows, and a chart structure that continues to favor sellers unless key resistance levels are reclaimed.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
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.
The Ripple-linked XRP token continues its multi-month slide against Bitcoin (BTC), according to the recent market data.
In fact, it is currently on the verge of securing its lowest close against the leading cryptocurrency since the beginning of the year.
The XRP/BTC meltdown After a brief period of consolidation and a minor relief rally in June, the pair has completely rolled over in early July, breaking down toward multi-month lows.
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The pair currently hovers at 0.00001735 BTC. It is precariously near its lowest levels of the year.
XRP/BTC via TradingViewXRP has shed 53% of its value over the past year in USD terms, a weakness that is magnified when denominated against a stronger Bitcoin.
There is a clear pattern of lower highs and lower lows, with every attempt at a bullish reversal being eventually sold off by traders.
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As reported by U.Today, there is a sudden cooling of institutional appetite in the traditional markets. On July 8, spot XRP exchange-traded funds (ETFs) snapped a period of relative resilience by logging a substantial $7.29 million net outflow.
Intriguingly, the downward price pressure comes amid a tightening supply dynamic on centralized exchanges. According to on-chain analytics provider CryptoQuant, the Binance XRP Scarcity Index recently spiked to approximately 0.77 over a three-day period.
This is the highest level of supply scarcity observed on the world's largest crypto exchange since mid-2024.
Good news fails to boost XRP As reported by U.Today, Ripple recently finalized a historic five-year sponsorship agreement with the University of Kansas that places the XRP asset in front of millions of mainstream sports fans.
On the institutional plumbing side, European post-trade giant Clearstream officially expanded its regulated custody offering to include XRP.
Unfortunately for XRP holders, the top altcoin is currently struggling to hold its ground despite the aforementioned positive developments.
XRP (CRYPTO: XRP) is seeing fresh enterprise adoption even as derivatives activity cools, and Binance open interest plunges to three-month lows.
Made In America Picks XRPLAccording to a SEC filing on June 26, Made in USA Inc. is developing a blockchain-based product authentication platform on XRPL to verify the origin of American-made goods and combat counterfeit products.
The company acquired the platform’s technology stack from an affiliate in a $25 million all-stock transaction, TheStreet reported on Thursday.
The system, which remains under development, combines AI-powered verification with public and private XRPL infrastructure alongside Hyperledger technology.
The platform is designed to help manufacturers, distributors and retailers securely track product origin while anchoring authenticity records on a public blockchain.
This step expands XRPL’s enterprise use cases beyond payments into supply-chain verification and digital certification.
XRP Activity On BinanceIn an X post on July 9, CryptoQuant data shows XRP futures activity on Binance has cooled considerably.
Open interest has declined to roughly 397 million XRP, the lowest level in more than three months, alongside XRP’s slide toward $1.09.
A decline in open interest typically indicates traders are closing positions or opening fewer new futures contracts. Combined with falling prices, it often reflects weaker risk appetite, declining leverage and reduced participation from derivatives traders.
While lower open interest is not inherently bearish, it frequently signals a period of market repositioning as investors await stronger directional catalysts.
The contrasting trends highlight a divergence between XRP’s long-term utility story and short-term speculative positioning.
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Notícias de ETF de XRP: Sete Fundos Spot Superam US$ 1 Bi em AUM na 8ª Semana Consecutiva de Entradas
English日本語한국어繁體中文ไทยPortuguêsItalianoDeutschFrançaisEspañol Atualizado em 9 de julho de 2026. Os sete ETFs spot de XRP dos EUA agora detêm aproximadamente US$ 1 bilhão em ativos e cerca de 970 milhões de XRP após uma oitava semana consecutiva de entradas líquidas — mesmo com o preço do token XRP praticamente estagnado. Veja abaixo as últimas informações sobre os fluxos, o AUM e quais fundos estão na liderança.
Principais dados
Sete ETFs spot de XRP dos EUA estão em negociação; o AUM combinado está próximo de US$ 1 bilhão (~US$ 988 milhões), com aproximadamente 970,9 milhões de XRP travados até 8 de julho de 2026. As entradas líquidas acumuladas mantêm-se próximas de US$ 1,4 bilhão desde o lançamento em novembro de 2025. Os fundos registraram sua oitava semana consecutiva de entradas líquidas, incluindo +US$ 6,55 milhões em 2 de julho (após uma pequena saída de -US$ 1,86 milhão em 1º de julho). Líderes: Bitwise XRP ETF (1XRP) com ~US$ 245,3 milhões em AUM; Canary XRP ETF (2XRPC) com ~US$ 225,9 milhões; Franklin XRP ETF (3XRPZ) com ~US$ 167,9 milhões. Sete ETFs spot de XRP já somam cerca de US$ 1 bilhão O complexo de ETFs spot de XRP dos EUA cresceu para sete fundos desde o lançamento dos primeiros produtos em novembro de 2025, e seus ativos sob gestão combinados agora se aproximam da marca de US$ 1 bilhão — cerca de US$ 988 milhões em 8 de julho de 2026, segundo rastreadores de fluxo de fundos. Juntos, os fundos retiraram aproximadamente 970,9 milhões de XRP do mercado aberto para custódia regulada, número que continua subindo mesmo em meio à fraqueza no preço do XRP.
Esse crescimento responde a uma pergunta que muitos traders ainda buscam: sim, os ETFs spot de XRP estão em operação e sendo negociados nos EUA, e a lista se expandiu dos cinco fundos originais para sete, com emissores adicionais já protocolados. Esses veículos oferecem às instituições uma forma regulamentada de deter XRP sem precisar gerenciar chaves ou custódia próprias — a mesma mudança estrutural que remodelou a demanda por Bitcoin e Ether um ciclo antes.
Oito semanas seguidas de entradas líquidas A principal notícia sobre os fluxos é a consistência. Os ETFs spot de XRP dos EUA já registram sua oitava semana consecutiva de entradas líquidas, com um dia de +US$ 6,55 milhões em 2 de julho, após uma pequena saída de -US$ 1,86 milhão em 1º de julho. Cumulativamente, os fundos absorveram cerca de US$ 1,4 bilhão desde o lançamento, tendo atingido pico acima de US$ 1,5 bilhão no início da primavera antes de acomodar-se em um ritmo de acumulação mais estável.
Esse padrão é relevante porque reflete demanda spot, não alavancagem: cada criação de cota de ETF retira XRP real de circulação para um veículo de custódia, de modo que uma sequência sustentada de entradas reduz o float efetivo independentemente da movimentação de preço no curto prazo.
A divergência: instituições continuam comprando enquanto o preço estagna A parte mais marcante dessa história é o descompasso entre fluxos e preço. Os ETFs de XRP registraram oito semanas seguidas de entradas e quase um bilhão de dólares em ativos, mas o token XRP permanece fraco, oscilando em vez de subir com a demanda institucional. Analistas descrevem isso como uma configuração de mola comprimida — acumulação se formando sob um preço estagnado — mas também serve de alerta: as entradas por si só não bastaram para movimentar o mercado spot, enquanto o mercado cripto de forma geral opera com cautela diante da reunião do Federal Reserve de 28 a 29 de julho.
Para uma visão mais completa dos cenários otimista e pessimista para o token, veja nossa previsão de preço do XRP.
Qual é o maior ETF de XRP? Fundo Ticker AUM aproximado Bitwise XRP ETF 1XRP ~US$ 245,3M Canary XRP ETF 2XRPC ~US$ 225,9M Franklin XRP ETF 3XRPZ ~US$ 167,9M Valores de AUM referentes ao início de julho de 2026; os demais fundos completam o saldo do complexo de ~US$ 1 bi. Fonte: rastreadores de fluxo de ETFs de XRP.
O que observar a seguir Três fatores vão determinar se os fluxos finalmente se traduzem em preço. Primeiro, se a sequência de entradas se estender para uma nona e décima semana — quanto mais tempo as instituições acumularem durante a fraqueza, mais restrito se torna o float. Segundo, a reunião do FOMC de 28 a 29 de julho, o catalisador macroeconômico mais próximo para todo o mercado cripto. Terceiro, a sazonalidade: historicamente, julho tem sido o mês mais forte do XRP, com retorno médio próximo de +10%, então uma quebra da estagnação atual estaria alinhada com o calendário. Acompanhe os dados diários de fluxo e a contagem de tokens em custódia — esses são os indicadores mais relevantes de demanda até o próximo catalisador.
Perguntas frequentes Existem ETFs spot de XRP sendo negociados nos EUA em 2026?
Sim. Sete ETFs spot de XRP dos EUA estão em operação, acima dos cinco originais, detendo aproximadamente US$ 1 bilhão em ativos combinados até julho de 2026.
Quanto os ETFs de XRP já captaram?
As entradas líquidas acumuladas estão próximas de US$ 1,4 bilhão desde o lançamento em novembro de 2025, com uma oitava semana consecutiva de entradas líquidas até o início de julho de 2026.
Quanto XRP está travado em custódia de ETFs?
Cerca de 970,9 milhões de XRP distribuídos entre os sete fundos até 8 de julho de 2026 — número que continuou subindo mesmo com o preço do token permanecendo fraco.
Qual é o maior ETF de XRP?
O Bitwise XRP ETF (1XRP) lidera com aproximadamente US$ 245 milhões em AUM, seguido pelo Canary (2XRPC) e pelo Franklin (3XRPZ).
Aviso legal: Este artigo tem finalidade exclusivamente informativa e não constitui aconselhamento financeiro ou de investimento. Os valores de AUM e fluxo de ETFs são estimativas de terceiros e mudam diariamente. Investimentos em criptomoedas envolvem riscos, incluindo a possível perda do capital investido. Sempre faça sua própria pesquisa e consulte um assessor licenciado. Fontes: rastreadores de fluxo de ETFs de XRP, U.Today, TradingNews (julho de 2026).
In brief Ethereum Foundation researchers are using AI agents to red-team critical network infrastructure. The agents helped uncover a peer-to-peer software vulnerability that was later disclosed. AI-assisted audits have already surfaced bugs in blockchain projects, including Zcash. The Ethereum Foundation is using swarms of AI agents to attack Ethereum—before someone else does.
In a blog post on Thursday, Ethereum Foundation researchers on the Protocol Security team said they have deployed a series of AI agents against the software Ethereum relies on, hunting for vulnerabilities in cryptographic systems, protocol code, and smart contracts.
“We've been running coordinated AI agents against the kinds of systems the network depends on, like systems software, cryptographic code, and contracts that have to be right,” the researchers wrote. “The agents found real bugs.”
One of the bugs discovered included a remotely triggered panic in libp2p’s gossipsub, part of the peer-to-peer layer used by Ethereum consensus clients. The issue was fixed and disclosed on Github as CVE-2026-34219.
Known as red teaming, the practice involves companies deploying security researchers to attack their own systems, attempting to infiltrate or disrupt networks to uncover weaknesses before malicious hackers find them. While red teams attack a system, it's up to blue teams to defend it.
Human researchers have traditionally searched for vulnerabilities by reviewing code manually—but AI agents can scan entire codebases, test potential exploits, and generate findings for review.
“Agents finding bugs wasn't the surprise,” the team wrote. “The surprise was how little of the work went into finding them, and how much went into telling the real bugs from the ones that just looked real.”
According to the Ethereum Foundation, the agents are organized into specialized roles, including reconnaissance, hunting, gap-filling, and validation. Some search for possible attack paths, while others attempt to reproduce failures and verify whether they work against production code.
“The schema is there for a reason,” they wrote. “It forces a specific, testable claim and a clear definition of done. An agent that has to write down an observable proof can't fall back on "this looks risky."
The growing role of AI in vulnerability research was demonstrated in April, when a preview version of Anthropic’s Claude Mythos discovered 271 vulnerabilities in Mozilla’s Firefox browser.
The researchers compared AI agents to fuzzers, or tools that test software for flaws. However, unlike fuzzers, AI agents can generate vulnerability reports, assess impact, and create proof-of-concept tests.
But detailed does not always mean correct. AI-generated findings can appear convincing even when they are wrong, leaving researchers to filter out duplicates, false positives, and vulnerabilities that cannot actually be exploited.
"One rule matters more than any other. A candidate isn't a finding until there's a self-contained artifact that reproduces the failure against the real code, and that runs for someone who didn't write it," the researchers wrote. "The reproducer doesn't read the write-up, and it doesn't care how confident the model sounded. It either runs or it doesn't."
AI tools have already helped security researchers uncover flaws in blockchain networks.
In May, security researcher Taylor Hornby used Anthropic’s Claude Opus 4.8 during an AI-assisted audit that found a critical vulnerability in Zcash’s Orchard privacy pool. The flaw had existed for roughly four years and could have allowed an attacker to create counterfeit ZEC without an obvious on-chain trace. A network upgrade to restore confidence in Zcash’s supply is still in the works.
The Ethereum Foundation’s experiment brings the technology in-house, using AI agents to test its own code to find vulnerabilities.
“AI didn't replace the security researcher. It moved the work,” the Ethereum Foundation said. “Agents let us cover far more ground than we could by hand. In exchange, they ask for more careful judgment, across a much bigger pile of confident-sounding claims.”
“That's a trade worth making,” they added, “as long as you remember that the judgment is the real product.”
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In brief Ethereum Foundation researchers are using AI agents to red-team critical network infrastructure. The agents helped uncover a peer-to-peer software vulnerability that was later disclosed. AI-assisted audits have already surfaced bugs in blockchain projects, including Zcash. The Ethereum Foundation is using swarms of AI agents to attack Ethereum—before someone else does.
In a blog post on Thursday, Ethereum Foundation researchers on the Protocol Security team said they have deployed a series of AI agents against the software Ethereum relies on, hunting for vulnerabilities in cryptographic systems, protocol code, and smart contracts.
“We've been running coordinated AI agents against the kinds of systems the network depends on, like systems software, cryptographic code, and contracts that have to be right,” the researchers wrote. “The agents found real bugs.”
One of the bugs discovered included a remotely triggered panic in libp2p’s gossipsub, part of the peer-to-peer layer used by Ethereum consensus clients. The issue was fixed and disclosed on Github as CVE-2026-34219.
Known as red teaming, the practice involves companies deploying security researchers to attack their own systems, attempting to infiltrate or disrupt networks to uncover weaknesses before malicious hackers find them. While red teams attack a system, it's up to blue teams to defend it.
Human researchers have traditionally searched for vulnerabilities by reviewing code manually—but AI agents can scan entire codebases, test potential exploits, and generate findings for review.
“Agents finding bugs wasn't the surprise,” the team wrote. “The surprise was how little of the work went into finding them, and how much went into telling the real bugs from the ones that just looked real.”
According to the Ethereum Foundation, the agents are organized into specialized roles, including reconnaissance, hunting, gap-filling, and validation. Some search for possible attack paths, while others attempt to reproduce failures and verify whether they work against production code.
“The schema is there for a reason,” they wrote. “It forces a specific, testable claim and a clear definition of done. An agent that has to write down an observable proof can't fall back on "this looks risky."
The growing role of AI in vulnerability research was demonstrated in April, when a preview version of Anthropic’s Claude Mythos discovered 271 vulnerabilities in Mozilla’s Firefox browser.
The researchers compared AI agents to fuzzers, or tools that test software for flaws. However, unlike fuzzers, AI agents can generate vulnerability reports, assess impact, and create proof-of-concept tests.
But detailed does not always mean correct. AI-generated findings can appear convincing even when they are wrong, leaving researchers to filter out duplicates, false positives, and vulnerabilities that cannot actually be exploited.
"One rule matters more than any other. A candidate isn't a finding until there's a self-contained artifact that reproduces the failure against the real code, and that runs for someone who didn't write it," the researchers wrote. "The reproducer doesn't read the write-up, and it doesn't care how confident the model sounded. It either runs or it doesn't."
AI tools have already helped security researchers uncover flaws in blockchain networks.
In May, security researcher Taylor Hornby used Anthropic’s Claude Opus 4.8 during an AI-assisted audit that found a critical vulnerability in Zcash’s Orchard privacy pool. The flaw had existed for roughly four years and could have allowed an attacker to create counterfeit ZEC without an obvious on-chain trace. A network upgrade to restore confidence in Zcash’s supply is still in the works.
The Ethereum Foundation’s experiment brings the technology in-house, using AI agents to test its own code to find vulnerabilities.
“AI didn't replace the security researcher. It moved the work,” the Ethereum Foundation said. “Agents let us cover far more ground than we could by hand. In exchange, they ask for more careful judgment, across a much bigger pile of confident-sounding claims.”
“That's a trade worth making,” they added, “as long as you remember that the judgment is the real product.”
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Bitcoin ETFs drew the headlines, but the bigger shift on Wall Street is still taking shape behind closed doors. Banks that tentatively warmed to crypto via regulated funds are now being asked a harder question: what do they actually understand about the protocols beneath the tickers? A new nonprofit called Ethereum Institutional aims to answer that. The organization, the original report shows, is stepping into a gap that the industry has often left to consultants and sell-side pitches — direct, neutral education for financial institutions about Ethereum’s mechanics, risks, and use cases.
That gap is not trivial. The same cohort of institutions that poured into spot Bitcoin products has been slower to engage with Ethereum beyond speculative exposure. Smart contracts, staking dynamics, L2 fragmentation, and MEV are not exactly standard curriculum on a trading floor. Ethereum Institutional’s launch suggests that demand for clarity is now coming from inside the building. When banks quietly begin asking structured questions, it often precedes allocation shifts, not just analyst notes.
The Education Gap Banks Won’t Admit Publicly Part of the problem has always been structural. Capital markets firms have processes for new asset classes, but permissionless blockchains don’t fit neatly into those checklists. Compliance teams need to understand slashing risks for staked ether, custody nuances for DeFi integration, and the legal ambiguity around onchain settlement finality. Traditional sell-side research covers price targets, not protocol-level risks in a way that helps an institutional investment committee. Ethereum Institutional appears designed to fill that exact void, acting as a translator between core Ethereum development and the language of balance sheets.
The timing isn’t accidental. Tokenization of real-world assets has crossed $20 billion onchain, and major players like JPMorgan and Ondo are already settling Treasury trades on rails that connect back to Ethereum-based infrastructure. A recent tokenization roundup of institutional moves shows just how rapidly custody, settlement, and asset issuance are migrating from proofs-of-concept to production. When the underlying plumbing involves Ethereum, a decision maker who can’t distinguish between mainnet and an L2 is operating at a disadvantage. That’s the kind of vulnerability this new nonprofit targets.
Meanwhile, Washington’s own battle over crypto legislation remains unresolved and banks are active participants. Lobbying efforts to reshape the biggest crypto bill in U.S. history just days before a Senate vote, as reporting on Capitol Hill maneuvering laid bare, show that institutions are not passive observers. They are actively shaping the rules. A nonprofit offering technical grounding could recalibrate those conversations — or at least ensure that arguments made in congressional offices aren’t based on a 2017 understanding of what Ethereum does.
Why the Ethereum Focus Matters Now Bitcoin’s narrative for institutions is relatively clean: digital gold, scarcity, portfolio hedge. Ethereum’s story is messier and richer. It’s about execution layers, gas markets, issuance rate shifts after the Merge, and an application ecosystem that produces real revenue. For a credit strategist or a macro desk, that complexity is noise unless framed around capital flows, fee sustainability, and settlement certainty. Ethereum Institutional will have to translate technical milestones — such as upcoming consensus upgrades or EIP fee adjustments — into language that informs risk committees without being promotional. The nonprofit structure matters here; it removes the suspicion that education is really just a sales pitch for a particular staking provider or DeFi protocol.
Developer activity data offers a side lens. Among top blockchains, Ethereum consistently leads in weekly developer engagement, as metrics tracking developer activity across networks illustrate. That signals a pipeline of innovation that banks cannot afford to ignore even if they choose not to deploy. Infrastructure firms serving institutions are already building on Ethereum’s L2s; understanding the roadmap is becoming as relevant as knowing the Fed’s dot plot for certain digital asset desks.
What Remains Untested For all the promise, education alone doesn’t solve accountability. The same banks that show up to learn about Ethereum may still face internal risk limits that prevent meaningful exposure to ether or DeFi products. Trust in Ethereum’s layer-1 neutrality doesn’t automatically extend to the application layer where hacks and governance risks remain concentrated. The nonprofit’s success will be measured not by conference attendance but by whether it helps institutions separate protocol risk from product risk — and whether that clarity leads to capital allocation, not just permission to explore.
There’s also the deeper cultural tension Wall Street rarely discusses. A nonprofit that explains Ethereum to banks is, in effect, helping centralized intermediaries understand a system designed partly to make them optional. That friction is unlikely to surface as open conflict, but it will simmer in decisions about custody models, validator concentrations, and the extent to which banks try to replicate onchain yields inside offchain wrappers. The education mission is straightforward; the second-order effects on market structure are not.
Right now, the launch of Ethereum Institutional is a signal that the conversation between crypto infrastructure and traditional finance is moving from the abstract to the operational. And when institutions start asking operational questions, market share tends to follow.
AUTHOR
Max delves deep into the cryptocurrency realm, with a passion for altcoins and NFTs. Convinced of crypto's transformative potential, he envisions a decentralized financial future. Max's background in the financial sector grants him unique insights into global monetary systems. In his leisure, Max embraces the thrill of adventures and is an avid sports enthusiast, finding balance and rejuvenation away from work.
The Ethereum Foundation said AI agents are good at finding vulnerabilities in the network infrastructure, but most are false positives, according to a blog posted Thursday.
"Agents finding bugs wasn't the surprise. The surprise was how little of the work went into finding them, and how much went into telling the real bugs from the ones that just looked real," the EF said.
The EF's Protocol Security team has been using coordinated AI agents to test critical network infrastructure, including systems software, cryptographic code and smart contracts. The agents have found real bugs, including "a remotely-triggerable panic in libp2p's gossipsub, a core part of the peer-to-peer layer Ethereum consensus clients run on," which has been fixed and publicly disclosed.
While the foundation said AI agents can quickly pinpoint potential vulnerabilities, the technology has simultaneously created a larger workload for human researchers, who must evaluate a growing number of potential bugs, or "candidates."
"Most candidates are wrong, duplicate, or out of scope. That's not a problem with the method; that's how it works," the EF wrote. "The goal is to reject the wrong ones fast and back the real ones with proof that's hard to argue with."
A potential vulnerability isn't considered a real finding until researchers can independently reproduce the failure against the actual code. The foundation also noted that AI agents can struggle to identify bugs that emerge across a sequence.
In other words, some of Ethereum's top security researchers consider AI to be a strong search tool, but not an oracle, so to speak.
"The time that used to go into coming up with and chasing down hypotheses now goes into judging them at scale, including building the oracle, running the triage, keeping the list of known issues, and handling disclosure," they said. "The bottleneck didn't go away. It moved from finding bugs to trusting the results, which is a better place for it, because that's where human judgment actually matters."
Thursday's blog comes on the heels of the EF's recent reorganization, which resulted in a new operational structure and the foundation shedding 20% of its total workforce.
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The Ethereum Foundation’s Protocol Security team said AI agents can help uncover real vulnerabilities in protocol code, but warned that the hardest part is not generating bug reports. It is proving which ones are real.
The Protocol Security Team has been pointing AI agents at Ethereum’s protocol code. Our core takeaway wasn't about finding bugs, it was about triage.
Here are field notes from the work.https://t.co/HVtc8XcrJK
— Ethereum Foundation (@ethereumfndn) July 9, 2026
In a new post, the team described how it has been running coordinated AI agents against systems Ethereum depends on, including systems software, cryptographic code, and contracts that require high assurance.
The agents found real bugs, including a remotely triggerable panic in libp2p’s gossipsub component, a core part of the peer to peer layer used by Ethereum consensus clients. The issue was fixed and disclosed as CVE 2026-34219.
The team said the result showed that AI agents can be useful in security research, but only when treated as search tools rather than authorities.
An agent can read code, form hypotheses, trace call paths, and draft proof of concept artifacts. But it can also produce reports that look convincing while relying on unreachable code paths, debug only crashes, duplicate issues, or weak formal proofs that do not actually capture the intended property.
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“Agents finding bugs wasn’t the surprise,” the team wrote. “The surprise was how little of the work went into finding them, and how much went into telling the real bugs from the ones that just looked real.”
The Foundation said its process uses many agents in parallel against a single target. The agents coordinate through the repository itself, sharing state in version control rather than relying on a central manager. Their work is divided across recon, hunting, gap filling, and validation.
Recon turns broad attack surfaces into specific testable hypotheses. Hunting follows one hypothesis through the code and attempts to build a reproducer.
Gap filling tracks what has already been accepted or rejected and generates new hypotheses to avoid repeating the same work. Validation independently checks each candidate, removes duplicates, and decides whether it qualifies as a real finding.
For a candidate to count, the team said it must include a reachable target, a clear invariant, a specific failure mechanism, observable proof, a self contained reproducer, and a deduplication key. The goal is to force every report into a concrete claim that can be tested against real code.
The Foundation emphasized one rule above the rest: reproducible or it did not happen. A candidate is not a finding until it includes an artifact that reproduces the failure against the actual code and can be run by someone other than the agent that produced it.
The requirement filters out false positives, from debug only crashes to reproducers built around inputs no attacker could reach. Some formal verification results also pass because the proof is too weak or trivially true, making the report look valid even when the security issue does not hold up.
The team said most candidates are wrong, duplicated, or out of scope, which is part of the workflow. The key is rejecting weak reports quickly while backing real findings with reproducible proof.
Each surviving candidate is checked for real world reachability and attacker cost. A bug any peer can trigger is different from one that requires special access or unrealistic resources.
The Foundation also warned that agents are uneven. They can read specs, draft reproducers, and state invariants, but they struggle with reachability, severity, and bugs that unfold across valid sequences. For those, agents work better as guides for stateful test harnesses than as replacements.
The post frames AI driven audits as a shift in security work, not a replacement for researchers. The bottleneck moves from generating hypotheses to judging them through triage, known issue tracking, artifact validation, and disclosure.
The Foundation said the core practices are not new. Reproducible failures, deterministic environments, clear invariants, careful triage, and human judgment are the same principles that made fuzzing standard practice. The tools have changed, but the bar for trusting results has not.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
The Ethereum Foundation has revealed that the biggest challenge in AI-assisted security research has become proving which reported vulnerabilities are genuine rather than finding potential bugs.
Summary
Ethereum Foundation says verifying AI bug reports is harder than generating them. AI agents found a real libp2p vulnerability, later disclosed as CVE-2026-34219. The Foundation says human validation and reproducible proof remain essential for protocol security. According to the Ethereum Foundation’s Protocol Security team, recent experiments with coordinated AI agents uncovered real software flaws across systems that Ethereum depends on, but the organization said the majority of the effort now goes into separating valid findings from convincing false positives.
The team described the results in a technical post explaining how it has been testing AI agents against systems software, cryptographic libraries, and high-assurance smart contracts.
The Protocol Security Team has been pointing AI agents at Ethereum’s protocol code. Our core takeaway wasn't about finding bugs, it was about triage.
Here are field notes from the work.https://t.co/HVtc8XcrJK
— Ethereum Foundation (@ethereumfndn) July 9, 2026 One confirmed discovery involved a remotely triggerable panic in the gossipsub component of libp2p, which forms part of the peer-to-peer networking layer used by Ethereum consensus clients. The Ethereum Foundation said the vulnerability was fixed and later disclosed as CVE-2026-34219.
Instead of treating AI agents as decision-makers, the Foundation said they should be viewed as tools that generate hypotheses requiring independent verification. While agents can inspect source code, trace execution paths, and prepare proof-of-concept material, the Foundation said they also produce reports based on unreachable code, duplicate known issues, debug-only crashes, or weak formal proofs that fail to demonstrate a real security problem.
The team said the unexpected finding was not that AI could identify bugs, but that validating those reports consumed far more time than generating them.
Multi-agent workflow filters unreliable reports To reduce unreliable findings, the Ethereum Foundation said it deploys multiple AI agents against the same software repository, with each agent handling a different stage of the review process. Instead of relying on a central coordinator, the agents exchange information through the repository itself by sharing state in version control.
According to the Foundation, the workflow begins with reconnaissance, where broad attack surfaces are narrowed into specific testable ideas. Hunting agents then follow each hypothesis through the code and attempt to build a working reproducer. Gap-filling agents track accepted and rejected reports to avoid repeating earlier work, while validation agents independently examine every candidate, remove duplicates, and determine whether a report qualifies as a legitimate vulnerability.
The Foundation said every accepted report must identify a reachable target, define a clear security invariant, explain the failure mechanism, provide observable evidence, include a self-contained reproducer, and carry a deduplication key. These requirements are intended to ensure that every claim can be tested directly against production code.
Human validation remains the deciding factor At the center of the process, the Ethereum Foundation said one principle overrides everything else: a vulnerability does not count unless someone other than the reporting agent can reproduce it against the real codebase. According to the Foundation, this requirement removes reports built around impossible attack paths, debug-only failures, or formal verification results that appear mathematically correct without proving a meaningful security property.
Beyond technical validation, the Foundation said surviving candidates are also evaluated for practical exploitability. A flaw that any network participant can trigger carries different security implications than one requiring privileged access or unrealistic computing resources.
The Foundation added that AI agents remain inconsistent when judging exploit reachability, attack severity, or vulnerabilities that emerge only through long sequences of valid interactions. In those situations, it said the agents perform better as assistants for stateful testing frameworks than as replacements for experienced security researchers.
The latest security update comes only weeks after the Ethereum Foundation completed a major internal restructuring. In a June 23 announcement, the organization said it had reduced its workforce by about 20%, with 54 employees leaving following a months-long review under its Mandate and Treasury Management Policy.
According to the Foundation, the restructuring was intended to focus staff and resources on responsibilities that only the organization can perform while continuing long-term Ethereum development.
Ethereum [ETH] bulls might already be facing their biggest test of Q3.
On the macro front, risk-off sentiment returned quickly after the U.S.-Iran ceasefire collapsed, triggering a sharp market-wide sell-off and highlighting how sensitive risk assets remain to geopolitical developments. A recent Ethereum trader position highlighted this volatility.
According to Arkham Intelligence, an Ethereum trader opened an $86.99 million ETH short position, with liquidation set at $2,172. Notably, the position emerged after headlines surrounding the ceasefire collapse and the U.S. cutting off a trade deal with Spain, adding further pressure to market sentiment.
Source: X This suggests the position was likely a calculated bet on further downside rather than a random short.
Adding to the market uncertainty, Arkham Intelligence also flagged a wallet movement linked to Ethereum founder Vitalik Buterin, who transferred $1.6 million worth of ETH to a new wallet. The move sparked speculation that another sell-off could be coming, especially after recent ETH transfers from Vitalik.
With the market already shifting back into risk-off mode, the combination of possible sell-side pressure and a large $80 million ETH short position has created a more cautious setup for bulls. The key question now is whether this short position is an early signal of a deeper ETH breakdown or if bulls can defend key support levels and trigger a short squeeze.
Ethereum faces a critical support test as bearish pressure rises Ethereum sits at the crossroads of bearish market conditions and a strong technical setup.
While risk-off sentiment, rising short interest, and selling pressure support the bearish case, Ethereum is retesting the key $1,580 support level. This zone has acted as a major demand area over the past three years, triggering strong recoveries, including a +149% rally in October 2023 and a +203% in April 2025.
For bulls, defending $1,580 is therefore critical to keeping the bullish structure intact. Adding to the support narrative, Tom Lee-linked Bitmine continues to accumulate ETH. According to Lookonchain, Bitmine purchased another 40,000 ETH worth around $71.6 million. At the same time, staked ETH supply has reached a new all-time high of over 40 million ETH, representing around 33% of total supply.
Source: Validator Queue With this accumulation, ETH’s move above $1,750 looks more than just a short-term bounce.
Instead, bulls appear to be stepping in despite the broader risk-off environment, rising short interest, and market concerns around Vitalik’s recent ETH transfer.
If this momentum continues, the $80 million short position could come under pressure, with liquidation risk building around $2.7k. In this setup, Ethereum’s technical structure could be setting up a bear trap.
Rising spot activity alongside falling leverage suggests long-term buyers may be replacing speculative traders.
Ethereum (ETH) is trading at nearly 65% below its all-time high, with attention around the asset at an almost yearly low, even as its largest network upgrade since The Merge is due within weeks.
But an analyst tracking the setup says the gap between weak social interest and steady on-chain usage is the kind of divergence that has often come right before sharp moves for the cryptocurrency.
Glamsterdam Approaches as On-Chain Data Stays Firm In a July 9 post on X, pseudonymous analyst Wise Crypto noted that the Ethereum network has been processing roughly 450,000 active addresses despite social media discussion sitting near yearly lows.
According to them, the upcoming Glamsterdam upgrade could become a major catalyst, considering that it could increase Ethereum’s gas limit by three times and cut transaction fees by about 78%. It has also been said that it could lift throughput to about 10,000 transactions per second.
“Major catalyst. Minimal attention,” the market watcher wrote, while naming $1,754 as the ETH level worth watching. A sustained move above that area, according to them, could open the way toward $2,440, while failure to hold support could send the world’s second-largest crypto asset back toward $880.
Looking at CoinGecko data at the time of writing, ETH was trading just a few dollars below Wise Crypto’s stated resistance level, having dipped slightly (about 1%) in 24 hours but still gaining nearly 7% during the past week and about 3% over 30 days.
That quiet backdrop is sitting alongside some unusual exchange data shared by CryptoQuant contributor Amr Taha, who said that Binance’s 30-day ETH open interest change fell to -594,000 ETH earlier in the week, marking its deepest contraction since August 2024. Around the same time, ETH spot volume on OKX climbed to $2.09 billion, 49% higher than its best reading of the year, which was recorded on February 5.
You may also like: ‘Summer of Ethereum Love’ Gaining Steam, Says Lubin, But When Will ETH Price Follow? Charles Hoskinson Says Ethereum Is Adopting Cardano Ideas Without Credit Bitmine Buys Another 42K ETH as 5% Supply Goal Comes Within Reach According to Taha, the pairing is notable because a leverage flush alongside rising spot volumes probably means that speculators are leaving the market while spot buyers are continuing to stack ETH and not that there’s a broad retreat from the asset.
Executives Talk Up the Cycle While Traders Stay Cautious Ethereum has been rejected at $1,800 three times this week, but that didn’t stop Consensys co-founder Joseph Lubin from saying Wednesday that the “Summer of Ethereum Love is gaining steam,” pointing to newly launched steward groups like Ethlabs working alongside the Ethereum Foundation, and citing the network’s eleven years of uptime as a draw for institutions.
Analyst Michaël van de Poppe struck a similar tone over the weekend, arguing that “the worst period for ETH is over” after the token closed out its third straight quarterly loss of more than 20%, a first in its history. He called the odds of a fourth consecutive drop statistically low and pointed to the pending CLARITY Act as a potential liquidity driver.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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According to official announcements, OKX will launch spot trading for Solstice (SLX) at 20:00 on July 10. Users can start depositing assets at 10:00 the same day, pre-place orders for SLX/USDT between 19:00 and 20:00, and withdrawals will open at 22:00.
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The AI arms race has driven record bond issuance by tech giants, with six major tech companies issuing $182 billion in investment-grade bonds this year.
The Kobeissi Letter noted in a post that the AI arms race is driving large technology companies to borrow at record levels. Data shows that since the start of 2026, Amazon, Alphabet, Nvidia, Meta, Oracle, and SpaceX have issued a record $182 billion in investment-grade bonds, a 1,300% jump from roughly $13 billion in the same period of 2025. These six firms account for nearly 15% of total U.S. corporate bond issuance so far this year, and contribute over 50% of the growth in this year’s corporate bond market. Meanwhile, the U.S. market has seen a record seven bond transactions worth $25 billion or more, matching the total number of such deals between 2019 and 2025. Six of these seven large bond deals came from the aforementioned six companies, with the remaining one from Salesforce. AI-related capital demand is reshaping the corporate bond market.
7 minutes ago
A whale opened a long position on SK Hynix worth $22.8 million, likely betting that its US ADRs will continue rising after tonight's market opening.
According to on-chain analyst firm Yu Jin Monitoring, half an hour ago, crypto whale "AllegraSeam" transferred 20.32 million USDC to Hyperliquid and opened a long position in SKHX (SK Hynix) worth roughly $22.8 million at a price of $1,480. The day before yesterday, another whale also opened a long position in SKHX valued at around $30 million at $1,411. The market appears to be betting that SK Hynix’s US-listed ADR will continue rising after tonight’s opening. SK Hynix’s US ADR is priced at $149, corresponding to a Korean stock price of approximately $1,490, and SKHX’s current price is near this level.
7 minutes ago
MiniMax Founder: Will No Longer Draw a Salary, Allocates 5% of Personal Company Shares for Team Incentives and Open-Source Support
MiniMax founder and CEO Yan Junjie has released an internal all-staff letter addressing recent market volatility, stressing the company’s long-term direction remains unchanged. In the letter, Yan announced that effective immediately, he will forgo all salary from the company until the day MiniMax achieves AGI. Over the next four years, he will allocate 4% of his personal shareholding in the firm to incentivize team members who have long stood by the company and co-created value. Additionally, he will set aside 1% of his shares to establish a special fund to continuously support the development of relevant open-source communities. (Jinshi)
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South Korea’s KOSPI index climbed more than 4% intraday, with Samsung Electronics surging over 5%.
According to Bitget data, South Korea’s KOSPI index rose 4.52% intraday, now standing at 7596.58 points. In terms of individual stocks, SK Hynix gained 2.6% and Samsung Electronics increased by over 5%.
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BitMine is suspected of having once again increased its holdings of 20,500 ETH, valued at $35.92 million.
According to Lookonchain's monitoring, BitMine purchased another 20,500 ETH from Galaxy Digital six hours ago, valued at $35.92 million.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Bitcoin extended gains after Robinhood launched its blockchain, with the company touting it as ideal for both real-world assets and meme coins.
Notable Statistics:
Coinglass data shows 55,831 traders were liquidated in the past 24 hours for $148.86 million. SoSoValue data shows net outflows of $84.9 million from spot Bitcoin ETFs on Wednesday. Spot Ethereum ETFs saw net inflows of $70.5 million. In the past 24 hours, top gainers include Arbitrum, Celestia and Canton. Notable Developments:
Trader Notes:
Trader Jelle noted Bitcoin is flashing a weekly death cross, a signal that has historically appeared late in bear markets rather than at the beginning.
The analyst argues that past occurrences have often coincided with the final stages of Bitcoin’s downturn, suggesting the bear market may be nearing its end. With multiple bullish indicators aligning, he believes starting a dollar-cost averaging strategy a few weeks ago was the right move.
Trader Titan said that regardless of whether Bitcoin has already bottomed or has further downside ahead, history suggests accumulating around a weekly death cross has typically been a favorable long-term strategy.
Trader AshCrypto explained Bitcoin has reclaimed its 200-week moving average, a key long-term bear market support, and is holding above $60,000 after bouncing from $57,000.
The analyst says maintaining this level could pave the way for a historically strong July-August rally.
Image: Shutterstock
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Cardano’s founding entity and commercial arm, EMURGO, has announced that it is stepping down from its role in the Pentad.
In a statement, EMURGO confirmed that it had formally notified the other Pentad members of its decision. The company also thanked its fellow members for their collaboration and shared commitment to advancing the Cardano ecosystem.
For context, the Cardano Pentad comprises the Input Output Global (IOG), the Cardano Foundation, the Midnight Foundation, Intersect, and EMURGO. These organizations coordinate ecosystem growth, governance initiatives, strategic partnerships, and new integrations.
EMURGO Shifts Focus to SecondFi Recovery EMURGO explained that it is stepping away from the Pentad to concentrate fully on the recovery effort following the SecondFi security incident, which affected hundreds of Cardano users.
According to the company, dedicating its resources to the recovery process is the most appropriate course of action for both impacted users and the broader Cardano ecosystem.
Furthermore, EMURGO said the decision reflects the level of accountability it expects from itself as one of Cardano’s founding entities. Rather than continuing its leadership responsibilities within the Pentad, the company believes it can better serve the ecosystem by resolving the aftermath of the SecondFi exploit and supporting affected users.
EMURGO’s announcement comes only weeks after the SecondFi application suffered a major security breach. The attack compromised 374 wallets across three separate incidents, resulting in the loss of approximately 16 million ADA.
Since then, the SecondFi team has focused on developing tools to help users determine whether they were affected, securely migrate their assets, and potentially recover eligible funds.
SecondFi Rolls Out Recovery in Phases In its latest update, SecondFi confirmed that it will implement its recovery process in multiple stages.
The first phase introduces quarantine mode, allowing users to check whether their wallet addresses appear in the preliminary incident data. Affected users can also submit support tickets to begin the verification process.
Meanwhile, the second phase, expected to launch next week, will introduce a secure wallet export feature. The tool aims to provide a safer and more user-friendly method for transferring assets to newly created wallets, particularly for users with limited technical experience.
Community Awaits Official Response So far, the remaining Pentad members has not publicly commented on EMURGO’s departure from the leadership group.
However, the announcement has sparked debate within the Cardano community. Some community members have called on EMURGO to relinquish its significant governance voting power and return its genesis ADA allocation.
Critics argue that EMURGO has gained disproportionate influence over Cardano’s governance and ecosystem resources. Popular DRep Chris O has also hinted at potential legal action against EMURGO if the organization refuses to return its genesis ADA holdings.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
"Reclaiming $1 in 2026 is mathematically and technically possible for Cardano (ADA), but it faces a steep, uphill battle," Gemini stated.
June was not kind to Cardano’s native token, whose price briefly crashed below $0.14, marking the lowest point since 2020.
Fortunately for the bulls, the asset started July on the right foot, temporarily recovering to roughly $0.20, and is currently trading at around $0.17, representing a 14% increase over two weeks.
It will be interesting to see whether ADA can extend its positive momentum in the following months and reclaim the major milestone of $1 before the end of the year. Below is the perspective of three of the most widely used AI-powered chatbots.
Possible But Quite Difficult Task ChatGPT estimated that ADA could reach $1 sometime this year, but warned that this will be extremely challenging given current levels. OpenAI’s platform claimed that the biggest problem is usage, noting that Cardano’s ecosystem and activity still look small relative to the valuation needed for such a milestone.
“$1 is possible only in a full bull scenario — Bitcoin strong, altcoins rotating, ETF optimism rising, and Cardano showing real DeFi/stablecoin growth. A more realistic recovery path would first be $0.30–$0.50. If ADA clears that zone with volume, then $0.75–$1 becomes a serious target. If the broader market stays weak, ADA may struggle even to reclaim $0.30,” it stated.
Perplexity also didn’t rule out the possibility, but argued that an explosion of that magnitude would require three things to happen simultaneously: Bitcoin-led market strength, a clear acceleration in the Cardano ecosystem, and a major re-rating of large-cap altcoins.
The chatbot claimed that the most realistic scenario for ADA this year is to reach a maximum of $0.80, as it could spend parts of the year closer to $0.30-$0.50, especially if catalysts like CME futures, Hydra, and improved DeFi usage start to matter more.
Uphill Battle Google’s Gemini said an ascent to $1 for ADA in 2026 is mathematically possible but highly improbable. The chatbot addressed the ongoing problems of Cardano, which continues to struggle with user growth, DeFi traction, and actual daily transaction volume compared to its competitors like Solana and Ethereum.
You may also like: Bitcoin (BTC) Starts July Under $60K, Cardano (ADA) Finally Rebounds: Market Watch ADA Faces Heavy Pressure, But Cardano’s On-Chain Data Tells Another Story BTC, ETH, and XRP Flash Buy Signals After Market Sell-Off: Santiment Moreover, Gemini touched upon Charles Hoskinson’s recent statements, which have posed hurdles to ADA’s price action. Recall that Cardano’s founder shocked the community last month when he said he’s “taking a break” and warned of an upcoming “wave of failures in the ecosystem.”
“>”Hoskinson is known for his unfiltered, highly transparent communication style. While his supporters praise his honesty, markets hate uncertainty. Right now, Cardano is going through a painful transition phase, and Hoskinson’s public commentary is magnifying those growing pains,” Gemini stated.
As the race for quantum supremacy intensifies, investors are weighing the commercial momentum of D-Wave Quantum (QBTS +2.52%) against the specialized architecture of Rigetti Computing (RGTI +0.65%) to decide which is the better buy.
Both companies are pioneers in the quantum space, yet they pursue different technical paths to reach quantum advantage. While D-Wave focuses on solving optimization problems today, Rigetti is building general-purpose quantum computers designed for broad future applications across diverse industries.
The case for D-Wave QuantumD-Wave Quantum specializes in quantum annealing, a specific type of computing designed to solve complex optimization problems such as logistics and manufacturing schedules. The company delivers these services through its Leap cloud platform, serving over 100 organizations including NASA and the Oak Ridge National Laboratory. Following the acquisition of Quantum Circuits Inc. in early 2026, the company now offers a dual-platform strategy that incorporates gate-model computing alongside its established annealing technology.
In its 2025 fiscal year (FY), revenue reached $24.6 million, representing a significant revenue growth of 178.5% compared to the prior year. Despite this rapid top-line expansion, the company reported a net loss of $355.1 million for the period. This trend reflects the high costs of scaling emerging technologies in the quantum computing sector, which remains highly competitive.
As of its December 2025 balance sheet, the company maintained a debt-to-equity ratio of 0.1x. This ratio measures total debt against shareholder equity, with a lower number indicating that a company is not heavily reliant on borrowed funds. The current ratio stands at 42.4x, which measures the ability to pay short-term liabilities with current assets. Free cash flow was negative at $75.8 million, calculated as cash from operations minus capital expenditures.
The case for Rigetti ComputingRigetti Computing operates a vertically integrated business model, designing and manufacturing its own superconducting quantum processors at its Fab-1 facility. The company serves enterprise and government clients through its Quantum Cloud Services. A key driver for Rigetti is its modular architecture, which aims to scale quantum power by connecting multiple chips together for complex tasks like drug discovery.
For FY 2025, the company reported revenue of $7.1 million, which was a decline of 34.3% year-over-year. Rigetti recorded a net loss of $216.2 million during this period as it continued to prioritize research and development. Unlike its peers, the company faces high customer concentration, as government contracts with entities like DARPA and the Department of Energy represent a large portion of its total business.
According to the December 2025 balance sheet, the debt-to-equity ratio was zero, indicating the company carried virtually no debt relative to its shareholder equity. The current ratio stands at 37.4x, suggesting a strong ability to cover near-term financial obligations with liquid assets. Free cash flow for the year was a negative $77.2 million, which represents the cash remaining after the company pays for its operating costs and equipment investments.
Risk profile comparisonD-Wave Quantum faces significant risks regarding its persistent operating losses and its heavy reliance on external funding to sustain its development roadmap. The successful integration of Quantum Circuits Inc. is vital for its new dual-platform strategy, and any failure here could weaken its market position. Furthermore, it faces intense competition from global tech giants, such as IBM, which have much larger budgets for quantum research.
Rigetti Computing is exposed to high customer concentration risk, with its revenue closely tied to government fiscal policies and contract renewals. The company also faces technical execution risks associated with its in-house chip fabrication and the unproven scalability of its modular architecture. Additionally, Rigetti has been subject to legal scrutiny and securities-related investigations stemming from past volatility in its stock price, which could impact investor confidence.
Valuation comparisonD-Wave Quantum appears to be the more expensive option based on its sales multiple, though it is currently generating significantly higher revenue than its peer.
MetricD-Wave QuantumRigetti ComputingSector BenchmarkForward P/En/an/a357.9xP/S ratio566.4x543.3xn/aSector benchmark uses the SPDR XLK sector ETF. Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
I’ve analyzed and invested in quantum computing stocks for a few years now. In looking at how D-Wave and Rigetti have evolved over that time, and where each is going, I believe the better investment right now is D-Wave. That said, quantum computers are still in their early stages, and so, either company, or both, could end up capturing significant market share as the industry matures.
Several reasons drive the decision behind my preference for D-Wave over Rigetti. The former’s quantum annealing technology is the superior choice for solving optimization problems, but that also limited the company’s market opportunities. Its decision to acquire Quantum Circuits adds superconducting quantum integrated circuits to its solution set, the same approach championed by Rigetti and IBM.
Now, D-Wave is positioned to capture a larger share of the market. It was also among the handful of companies in the industry to receive $100 million in funding from the U.S. government in May, a testament to its technological offerings. Rigetti was not awarded funding.
At this point, the companies holding the superior quantum computing technology are poised to be long-term winners. Given D-Wave’s more comprehensive solutions, it looks to be in a better position than Rigetti right now.
, /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Solstice Advanced Materials, Inc. ("Solstice" or the "Company") (NASDAQ: SOLS). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Solstice and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On July 6, 2026, Solstice issued a press release announcing an agreement to acquire Element Solutions ("Element") "in a cash-and-stock transaction valued at approximately $14.5 billion, including the assumption of net debt." Although Solstice's Chief Executive Officer described the "combined company [as] very well-positioned to benefit from generational tailwinds in high-growth end markets" and touting Element's purportedly "highly complementary capabilities, deep customer relationships and a technical service-led model", Solstice's stock price fell sharply as the market reacted to news of the Element acquisition, closing at $68.05 per share on July 6, 2026 – representing a decline of $12.14 per share, or 15.14%, from the Company's July 2, 2026 closing price.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
MiniMax Founder: Will No Longer Draw a Salary, Allocates 5% of Personal Company Shares for Team Incentives and Open-Source Support
MiniMax founder and CEO Yan Junjie has released an internal all-staff letter addressing recent market volatility, stressing the company’s long-term direction remains unchanged. In the letter, Yan announced that effective immediately, he will forgo all salary from the company until the day MiniMax achieves AGI. Over the next four years, he will allocate 4% of his personal shareholding in the firm to incentivize team members who have long stood by the company and co-created value. Additionally, he will set aside 1% of his shares to establish a special fund to continuously support the development of relevant open-source communities. (Jinshi)
9 minutes ago
South Korea’s KOSPI index climbed more than 4% intraday, with Samsung Electronics surging over 5%.
According to Bitget data, South Korea’s KOSPI index rose 4.52% intraday, now standing at 7596.58 points. In terms of individual stocks, SK Hynix gained 2.6% and Samsung Electronics increased by over 5%.
9 minutes ago
Whale Who Previously Shorted 16 Altcoins to Net $3.5 Million Suspected of Selling $13.69 Million Worth of ETH Again
On-chain analyst Ai Yi (@ai_9684xtpa) has detected that the Hyperliquid whale—who previously shorted 16 altcoins to pocket $3.5 million—is suspected of continuing to offload Ethereum (ETH). The address 0x410…75d08 withdrew 7,863 ETH from Spark an hour ago, worth roughly $13.69 million, then deposited all of it into Binance, likely for selling. A week prior, the same address transferred 6,860 ETH, valued at approximately $10.8 million, to a trading platform.
9 minutes ago
BitMine is suspected of having once again increased its holdings of 20,500 ETH, valued at $35.92 million.
According to Lookonchain's monitoring, BitMine purchased another 20,500 ETH from Galaxy Digital six hours ago, valued at $35.92 million.
9 minutes ago
SK Hynix completes its U.S. ADR offering, raising $26.5 billion, setting a new record for a foreign company's IPO in the U.S.
South Korean semiconductor firm SK Hynix has completed its US depositary receipt (ADR) offering, raising $26.5 billion, setting a new record for the largest initial public offering (IPO) by a foreign company in the US and becoming the third-largest listing in global securities history. SK Hynix issued a total of 177.9 million ADRs, priced at $149 each, with each ADR equivalent to one-tenth of its common shares traded on South Korea’s domestic stock market. The final offering price was approximately 3% higher than the closing price of its home-listed shares. Per the transaction terms, SK Hynix ADRs will launch pre-market trading on the Nasdaq Global Select Market on Friday under the temporary ticker symbol "SKHYV", and are scheduled to switch to the official ticker "SKHY" for regular trading starting July 13. The offering is led by Bank of America, Citigroup, Goldman Sachs, and JPMorgan Chase, with 9 additional firms participating. Market feedback shows the offering received over 7 times oversubscription, with total subscription interest approaching $200 billion. Asset management firms including Baillie Gifford, Coatue Management, and Situational Awareness Partners took part in the subscription, with the top ten orders absorbing nearly half of the total shares. SK Hynix aims to list on the US stock market to narrow the valuation gap with US peers such as Micron Technology, and leverage overseas capital premiums to boost its corporate value. As a core supplier of high-bandwidth memory (HBM) for NVIDIA, SK Hynix already holds a significant market share in this segment. Meanwhile, US Secretary of Commerce Howard Lutnick stated he is in talks with Samsung Electronics and SK Hynix, urging the two South Korean memory chip manufacturers to expand production in the US to enhance the resilience of America’s domestic chip supply chain.
9 minutes ago
Polymarket Seeks to Offer Legal Margin Trading in the US
，据彭博社报道，Polymarket 正在寻求监管批准，以在美国合法提供保证金交易。若获批，用户将能够以更少的前期资金押注事件结果，也有助于该预测市场平台吸引更成熟的交易者。根据 7 月 3 日提交给美国全国期货协会的文件，Polymarket 已通过其关联公司 Coming Home GBA LLC 申请注册为期货佣金商（FCM）。此外，Polymarket 还需要获得美国商品期货交易委员会批准，对其规则手册进行修改，以允许非全额抵押交易。
The next major blockchain upgrade isn’t just about faster transactions. BNB Chain is preparing a dedicated Layer-1 built specifically for AI agents, with a public testnet expected in late 2026 before a full mainnet launch in early 2027. Rather than replacing BNB Smart Chain, it expands the ecosystem for a new generation of autonomous applications.
Projects already experimenting with AI, such as MemeToro ($MT), are naturally drawing attention because much of their development roadmap already aligns with this direction.
What Is BNB Chain Actually Launching? BNB Chain’s latest roadmap introduces a fourth Layer-1 blockchain that will operate alongside BNB Smart Chain, opBNB, and Greenfield.
The network will continue using BNB for gas fees while relying on cross-chain infrastructure to settle transactions back through BNB Smart Chain. Developers are focusing heavily on execution speed instead of redesigning consensus.
The roadmap includes sub-50 millisecond transaction preconfirmations, sub-second finality, and an initial throughput target of 100,000 transactions per second. The engineering team is also implementing just-in-time (JIT) compilation and strength reduction to improve how smart contracts execute in real time.
Looking further ahead, the roadmap includes post-quantum security research using LtHash-based storage and enhanced account abstraction.
A Simple Checklist Before the Testnet Arrives The testnet is still months away, but it gives developers and early users time to prepare.
Rather than waiting until launch day, many participants are already focusing on a few practical areas.
A simple preparation checklist includes:
Learn how AI agents interact with blockchain networks. Understand how self-custodial wallets work. Follow projects already building AI-powered applications. Watch how BNB Agent Studio develops before the public testnet. Study how faster execution changes token launches and trading. These steps may help users understand the ecosystem before autonomous applications become more common.
How MemeToro Is Preparing Today Unlike many projects that simply discuss AI, MemeToro ($MT) is already building products around it.
Its AI system continuously scans internet discussions, news sources, and social platforms to detect emerging narratives before helping users generate and deploy new memecoins through a no-code process.
Instead of treating AI as a marketing feature, the platform integrates automation directly into how users create blockchain assets.
As AI-native infrastructure becomes available, systems already designed around automated workflows could have fewer adjustments to make.
Although BNB Chain’s new Layer-1 has not launched yet, MemeToro’s ecosystem is already active through its ongoing presale.
MemeToro presale continues progressing. Stage 3 is now more than 80% sold, with over $64,000 raised while the token remains priced at $0.00154. Once Stage 3 finishes, the presale automatically moves to Stage 4, increasing the price to $0.00171.
Why Being Early Doesn’t Always Mean Buying Early When people hear about a future blockchain launch, the first instinct is often to look for the earliest investment opportunity. In reality, preparation can be just as valuable as participation.
The coming testnet is likely to introduce new tools, developer frameworks, and AI workflows that many users have never experienced before. Understanding how those systems work may prove more useful than simply rushing into every new project.
That is one reason platforms like MemeToro ($MT) stand out in the current market. Rather than waiting for AI-focused infrastructure to arrive, the project is already experimenting with practical applications that combine automation with blockchain participation.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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In This Article What 1 Million TPS Actually Means and Why AI Agents Need ItThe Privacy Layer: Why It Matters Beyond TradersRecord On-Chain Metrics Haven't Moved BNB Crypto Price, Yet The BNB crypto Chain has published its H2 2026 technical roadmap targeting 1 million TPS (transactions per second) and sub-150-millisecond finality, positioning itself as the infrastructure backbone for an emerging AI agent economy.
The announcement lands as the BNB crypto price sits near 2024 lows, creating a sharp disconnect between on-chain momentum and market performance that every holder needs to understand.
The BNB Chain 2026 H2 Tech Roadmap is here.
After cutting BSC block intervals to 450 ms and nearly doubling benchmark throughput to ~5,200 TPS, the next target is another 2x increase on mainnet.
What's next for BNB Chain 👇🧵 pic.twitter.com/CA6hphMEy0
— BNB Chain (@BNBCHAIN) July 8, 2026
The central tension is straightforward: BNB Chain is posting record fundamental metrics while BNB, the native token, trades near its worst levels in two years.
This new Layer 1 from the BNB Chain comes as its native token, BNB crypto, is trading up +1.2% over the past 24 hours, at around $569, with a +2.5% gain over the past seven days.
What 1 Million TPS Actually Means and Why AI Agents Need It TPS refers to the maximum number of transactions a blockchain can process per second, similar to a highway’s lane count. BNB Chain currently benchmarks at around 5,200 TPS.
This follows a 2026 hard fork that reduced block intervals to 450ms and in-memory finality to 650ms. The long-term goal is to reach 1 million TPS, requiring about 20 GGas per second, with a testnet expected in late 2026 and mainnet launch in early 2027.
The architecture uses a dual-client setup with Geth for stability and a high-performance Reth engine for parallel execution. This infrastructure is essential for agentic finance, where autonomous AI agents execute DeFi activities and process multiple microtransactions.
To support this, the roadmap includes a standardized framework for AI agents, featuring a payment abstraction layer for gasless transactions and an agent registry for tracking identity and reputation.
The BNB Agent Studio and SDK have already been launched and work with tools like AWS Bedrock. BNB Chain aims to grow by focusing on stablecoins, real-world assets, and onboarding 100,000 new AI agents by 2026.
BNB Agent Studio now allows developers to plug agents into CoinMarketCap's data endpoints with one click, using @Binance Pay's B402 merchant pool.
Agents pay for each CMC data call automatically from their own wallet using x402 settled on @BNBChain without separate API keys or… https://t.co/BEq6sILV45 pic.twitter.com/x97js2Ey8k
— BSCN (@BSCNews) July 7, 2026
DISCOVER: Best Meme Coin ICOs to Invest in 2026
The Privacy Layer: Why It Matters Beyond Traders Alongside the throughput push, the roadmap introduces a protocol-level privacy framework covering native privacy for token transfers and smart contract calls.
This is base-layer privacy, not an application-level mixer bolted on top – designed to be configurable and compliance-friendly without breaking composability (the ability of DeFi protocols to interact with each other).
The target audience is institutional: market makers, high-frequency trading desks, retail payment processors, and asset managers who need confidential settlement without sacrificing regulatory auditability.
The approach is designed to deliver compliance-friendly confidentiality at the protocol level, making it meaningfully different from privacy coins that regulators have repeatedly delisted. For BNB Chain to compete for institutional flow, this layer is table stakes.
EXCLUSIVE: Earn $10 USDC Via Binance Sign-Up
Record On-Chain Metrics Haven’t Moved BNB Crypto Price, Yet $BNB: The price is still likely working on a wave-(iv) to the downside. As long as the price remains below $631, I expect lower prices. pic.twitter.com/SqkJwMUpcU
— Man of Bitcoin (@Manofbitcoin) July 7, 2026
BNB Chain shows strong fundamentals, with daily transactions reaching 31 million and a stablecoin market cap of about $14 billion. The ecosystem includes BSC, opBNB (Layer 2), and BNB Greenfield (decentralized storage).
However, the BNB crypto price has dropped to levels not seen since 2024, highlighting a disconnect between on-chain activity and token performance, similar to trends in other Layer-1s like Solana.
For BNB, price dynamics are influenced by Binance, regulatory news, and BEP-95 burn mechanics, which reduce supply. While higher activity leads to more burns, it requires sustained volume to effectively impact the token’s value.
EXPLORE: Best Crypto Presales With Asymmetric Upside in the Current Market
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Crypto markets have already seen algorithmic trading, automated market makers, and high-frequency bots. The next phase looks different.
Instead of software that simply follows instructions, blockchain developers are preparing for autonomous AI agents that can analyze information, make decisions, and complete transactions without waiting for human approval.
BNB Chain’s latest roadmap is built around that future. Its new AI-focused Layer-1 is designed specifically for machine-native applications, creating an environment where projects like MemeToro ($MT) could become part of a much broader AI-powered blockchain ecosystem.
BNB Chain Is Preparing for Machine-Native Finance The new Layer-1 represents a major expansion of the BNB ecosystem.
Rather than replacing BNB Smart Chain, it becomes a fourth blockchain running alongside BSC, opBNB, and Greenfield.
Its technical goals focus on autonomous execution.
Developers are targeting sub-50 millisecond transaction preconfirmations, sub-second finality, and more than 100,000 transactions per second, with long-term plans to scale toward one million TPS.
The network also includes BNB Agent Studio, allowing developers to launch fully functional AI agents in minutes using the BNBAgent SDK.
Instead of building another blockchain for manual trading, BNB Chain is preparing infrastructure where software becomes an active market participant.
AI Agents Need More Than Speed Fast transactions alone are not enough.
Autonomous agents also need ways to identify themselves, communicate with other agents, and complete payments independently.
That is why the new ecosystem includes standards like ERC-8004, giving AI agents verifiable on-chain identities through NFT-based registries. It also supports protocols such as ERC-8183 (APEX), allowing machines to negotiate tasks, manage escrow, and complete agreements automatically.
For payments, Machine Payments Protocol (MPP) and x402 help AI systems settle costs using stablecoins instead of relying on traditional banking systems.
Together, these technologies create the foundation for software that can operate as an independent economic participant.
Why Some Investors Are Following MemeToro MemeToro ($MT) is an integrated cryptocurrency utility hub that utilizes a recognizable community-driven branding layer to deliver functional, data-backed Web3 services. The framework simplifies asset tracking, portfolio management, and smart contract distribution within the evolving decentralized marketplace.
Full-Stack Creation Tools: The platform provides the underlying software necessary to deploy digital assets and coordinate localized community hubs. Direct Liquidity Staking: Holders can delegate their native tokens to secure platform operations while generating fixed protocol rewards. Comprehensive Market Analytics: The system utilizes an autonomous analytical engine to evaluate on-chain trends and global news spikes. Safe Market Navigation: Educational resources and transparent smart contract designs help users explore decentralized applications with reduced friction. As the primary medium of exchange within the ecosystem, MemeToro ($MT) tokens are required to unlock premium analytics, execute platform transactions, and receive network distributions. This structured model aims to move beyond simple hype by pairing popular market themes with solid utility.
Stage 3 is now more than 80% sold, with over $64,000 raised while the token remains priced at $0.00154. Once the stage closes, the presale automatically advances to Stage 4, where the price increases to $0.00171.
MemeToro Is Building for AI Participation While BNB Chain is creating the infrastructure, MemeToro is focused on how people interact with AI inside blockchain ecosystems.
Instead of treating artificial intelligence as a trading assistant, the platform uses it to simplify how users create and participate in new crypto projects.
Its no-code launch tools lower the technical barrier for memecoin creation, while the broader ecosystem encourages continued activity after launch rather than one-time speculation.
As AI-native infrastructure becomes more common, applications built around automation may have greater opportunities to expand their capabilities.
The Winners May Be the Projects Ready Before Everyone Else Major technology shifts rarely happen overnight. Infrastructure usually arrives first, followed by applications that gradually make use of those new capabilities.
That appears to be the direction blockchain is taking today.
BNB Chain is building a network where AI agents can execute transactions, communicate with other software, and manage value more efficiently. At the same time, projects like MemeToro ($MT) are already experimenting with consumer-facing applications that introduce AI into everyday blockchain activity.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Fair launches have always sounded simple in theory. Everyone gets the same opportunity to buy when a token goes live. In practice, however, automated bots, front-running, and network congestion often give faster participants a major advantage before most users can even confirm a transaction.
BNB Chain believes the next generation of blockchain infrastructure can improve that experience. Its upcoming AI-focused Layer-1 is being designed for autonomous software rather than manual trading. At the same time, projects like MemeToro ($MT) are exploring how AI can simplify the process of creating and launching new memecoins from the application side.
Why Fair Launches Are Changing Traditional fair launches depended heavily on human timing.
Users waited for a launch announcement, connected their wallets, and tried to complete transactions before liquidity disappeared. In many cases, automated bots reacted much faster than people could.
BNB Chain’s roadmap acknowledges that reality.
The new Layer-1 removes the public mempool, replacing it with TxStream, which sends transactions directly to block producers instead of exposing them in a public waiting queue. Combined with sub-50 millisecond preconfirmations and 100,000+ TPS, the network is designed for machine-speed execution rather than manual competition.
As a result, developers are beginning to rethink what a fair launch should actually look like.
AI Agents Are Becoming Part of the Launch Process The new infrastructure is not only about faster transactions.
BNB Chain has also introduced BNB Agent Studio, giving developers tools to build autonomous AI agents using the BNBAgent SDK.
Those agents can discover other verified AI systems, complete assigned tasks, and interact without constant human involvement. Instead of performing one action at a time, they become active participants inside blockchain ecosystems.
That shift moves launch platforms beyond simple token deployment.
They can increasingly become environments where AI helps organize, monitor, and automate different stages of a project’s lifecycle.
How MemeToro Approaches AI Fair Launches MemeToro ($MT) focuses on making token creation easier before a launch even begins.
Its AI system scans online conversations, news coverage, and social platforms to identify growing narratives that may inspire new memecoin ideas. Users can then create tokens through a simplified no-code workflow instead of manually deploying smart contracts.
The platform also assists with preparing launch materials before deployment.
Some of the AI-assisted workflow includes:
Detecting emerging online trends Generating token concepts Creating launch branding Reviewing launch details before deployment Supporting fair no-code token creation Instead of treating AI as a trading assistant, the platform applies it to the launch process itself.
How to Join the MemeToro Presale For users interested in participating before public trading begins, the buying process is designed to remain straightforward. The basic steps include:
Visit the official MemeToro presale portal Connect a wallet on BNB Chain Choose BNB, ETH, USDT, USDC, or card payment Confirm the transaction to receive your allocation The presale is continuing to progress steadily.
Stage 3 is now more than 80% sold, with over $64,000 raised while the current token price remains $0.00154. After Stage 3 closes, the price automatically increases to $0.00171 in Stage 4.
Holding MemeToro ($MT) also provides access to staking rewards, platform services, and future ecosystem features as they become available.
Fair Launches Are Becoming Smarter The definition of a fair launch is gradually evolving. Instead of focusing only on who clicks first, developers are increasingly asking how blockchain infrastructure and AI can create a more balanced launch experience.
BNB Chain is approaching that challenge by redesigning the underlying network for autonomous software. MemeToro ($MT) is approaching it from another direction by simplifying token creation and using AI to organize the launch process itself.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Blockchain networks have spent years competing over transaction speeds, but the conversation is changing. Instead of simply asking which network is faster, developers are asking what those speeds actually make possible. The answer increasingly points toward artificial intelligence.
BNB Chain’s latest roadmap reflects that shift. Its upcoming Layer-1 is designed specifically for AI agents rather than traditional blockchain users.
While the network is still scheduled for public testing later this year, projects like MemeToro ($MT) are already building AI-powered applications that could benefit from this next generation of blockchain infrastructure.
Why 100,000 TPS Matters Processing more than 100,000 transactions per second sounds impressive, but raw speed is only part of the story.
The bigger goal is allowing autonomous software to interact with blockchain networks without experiencing delays that interrupt decision-making.
BNB Chain’s new Layer-1 also targets sub-50 millisecond preconfirmations and sub-second finality, creating an environment much closer to the execution speed traders expect from centralized exchanges.
Developers are achieving those improvements through execution-layer optimizations rather than changing the network’s consensus model.
The roadmap also includes a long-term objective of scaling toward one million TPS by 2028.
AI Agents Need Different Infrastructure Traditional decentralized applications were designed around human interaction.
Someone opens a wallet, signs a transaction, and waits for confirmation before taking the next step.
AI agents work differently. They continuously evaluate information, complete tasks, and move between blockchain applications without waiting for manual approval.
That is why BNB Chain has introduced BNB Agent Studio, allowing developers to deploy self-custodial AI agents using the BNBAgent SDK in minutes instead of building everything from scratch.
The network is being designed for software that remains active around the clock.
MemeToro Is Already Building for That Future MemeToro ($MT) focuses on what users actually do with AI rather than the infrastructure running underneath it.
Its platform uses artificial intelligence to simplify blockchain participation, allowing users to launch memecoins without writing smart contracts or managing complex deployment steps.
The ecosystem also encourages activity after launch through products designed around participation instead of one-time speculation.
As AI-native blockchain infrastructure becomes more common, platforms that already rely on automation may have more opportunities to expand their capabilities.
Rather than changing direction, MemeToro ($MT) roadmap already follows the broader movement toward AI-powered blockchain applications.
Getting Started With Your $MT Purchase Joining the MemeToro presale takes just a few minutes through a fully verified process:
Open the Presale Page: Head to the official MemeToro site and locate the active presale link. Set Up Your Wallet: Connect a compatible wallet configured for the BNB Chain network. Choose How to Pay: Fund your purchase with BNB, ETH, USDT, USDC, or a bank card. Lock In Your Tokens: Confirm the transaction and your $MT balance updates instantly. Once you’re holding $MT, the token opens doors well beyond the sale itself. It powers platform access, settles transactions across the ecosystem, and feeds into staking pools built for long-term holders.
Stage 3 is now more than 80% sold, with over $64,000 raised at the current token price of $0.00154. Once the current allocation is completed, the token price moves to $0.00171 in Stage 4.
Infrastructure Creates Opportunity, Applications Create Adoption History shows that faster technology alone rarely guarantees success. New infrastructure becomes valuable when developers build products that solve real problems for users.
That is likely to be the case with AI-focused blockchains as well.
BNB Chain is creating an environment where autonomous software can execute transactions far more efficiently than before. The next challenge belongs to application developers that can turn those technical improvements into practical user experiences.
MemeToro ($MT) represents one example of that next step. Instead of building another blockchain, it is developing AI-powered tools that simplify token creation, community participation, and ecosystem activity.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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On Thursday, July 9, 2026, BNB hovered at a critical technical decision point according to market analysts. As the price approached the apex of a symmetrical triangle formation, traders zeroed in on short-term direction, with special focus on key resistance zones and fading market volume.
Resistance level in focus as price tightensAt the time of writing, BNB was trading at $569.23. The asset gained 0.91% over the past 24 hours, even as daily trading volume dropped by 8.89% to $1.06 billion. Over the last week, BNB posted a 1.76% increase.
Crypto With Gopal, a noted analyst, observed that following rejection from a previous rising wedge, BNB’s price has compressed within a symmetrical triangle. The coin’s current movement near the triangle’s apex signals an imminent breakout—either to the upside or downside—in the short term.
According to Crypto With Gopal, a decisive break above the triangle’s resistance could indicate buyers gaining control, while a loss of support might reinforce downward momentum.
In the short term, $543.03 stands as critical support and $573.49 marks the nearest resistance. Should $573.49 be breached, new targets could emerge at $597.41 and $619.48. On the downside, if $543.03 fails, the next key support is at $521.55.
Volume and technical indicators signal search for directionThe analyst underlines trading volume as a primary confirmation tool for establishing direction. Any breakout backed by strong volume is seen as more trustworthy, while low-volume movements could prove misleading.
Short-term moving averages also suggest continued pressure on price. The 20-day exponential moving average (EMA) currently sits at $575.79, while the 50-day EMA stands at $594.90. BNB trading below these levels indicates that bullish attempts have yet to fully materialize.
For the longer-term outlook, the 100-day EMA is at $620.97 and the 200-day EMA at $671.04. In the Bollinger Bands, the middle line is at $569.92, with upper and lower bands at $596.57 and $543.27, respectively. The narrowing of these bands points to tightening volatility, which may foreshadow a sharp price move.
The convergence of price near the triangle’s apex and beneath the short-term averages highlights the market’s demand for stronger confirmation before the next major move.
BNB Chain preparing new layer 1 blockchainBeyond the current price environment, BNB Chain is pursuing further development. Plans are underway to launch a new layer 1 blockchain in 2027, designed to handle high-frequency transactions, AI-powered applications, and institutional use cases. As the backbone of the BNB ecosystem, BNB Chain aims to boost its overall blockchain infrastructure with these upgrades.
The team expects to deploy a test network by year’s end, while the mainnet rollout is scheduled for early next year. The proposed design is set to achieve over 100,000 transactions per second, pre-approval times below 50 milliseconds, and settlement finality in under one second.
Mini glossary: A layer 1 blockchain is the base protocol network where transactions are settled directly on its main chain. A testnet is a development environment where new features are trialed before live deployment, allowing developers to experiment without risking real assets.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
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Stellar (XLM) is trading at $0.18. Sellers are dominating the market structure. After an extended downtrend, Stellar (XLM) has carved out a falling wedge, a pattern that resolves to the upside. Price is holding the lower trendline, and is seeing the buyers step in faster than before, a sign that selling pressure is losing its grip.
The repeated wedge formations suggest bulls are quietly building a base rather than chasing price. A clean breakout above the descending resistance, backed by strong volume, could unlock a sharp relief rally, potentially targeting the next major resistance zones above current levels.
A confirmed breakout could shift sentiment from bearish to cautiously bullish, and pull sidelined capital back in. Stellar is holding above its lower trendline, which keeps the current bullish structure intact. A breakout above the descending resistance with strong trading volume could trigger a relief rally toward the next resistance levels.
However, the XLM price is trading within a tightening range, suggesting a significant move may be approaching in either direction. At the time of writing, the asset is hovering at $0.1804, after a modest loss of over 1.37%. Notably, the trading volume has skyrocketed by over 299% to $869.49 million.
Where Will the Stellar Price Head Next? The recent price chart of the XLM/USDT pair shows the dominance of bears, with the nearest support at the $0.17 range. With the prolonged downside correction, the asset could invite the death cross to pop up, and break down further below.
With a bullish shift in the Stellar market trend, the price could climb up to the resistance at around $0.19. Moreover, a steady and stronger move on the upside triggers the golden cross to emerge, which might likely push the asset’s price higher.
Both Stellar’s Moving Average Convergence Divergence (MACD) line and signal line are below the zero line, which indicates a strong, established macro downtrend. The long-term momentum is firmly negative. Also, the sellers are dominating the market structure, making the asset weak, with the overall tide pulling prices lower.
The daily Relative Strength Index (RSI) staying at 27.32 suggests that Stellar is oversold. The price has sustained a sharp, aggressive drop, pushing it below the critical 30 threshold. Momentum is heavily overextended to the downside. The asset is vulnerable to a sudden short squeeze, relief rally, or sideways consolidation as selling pressure dries up.
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@StellarOrg's 24-hour trading volume surged roughly 275% to near $860 million this week, with the token's native asset climbing to around $0.185. The move is difficult to pin on any single event. Three meaningful catalysts arrived within days of each other, and together they appear to have driven the spike.
Protocol 27 Zipper Goes Live on Mainnet On Wednesday, @StellarOrg announced that Zipper, Protocol 27, is now live on mainnet. Zipper makes authentication delegation a proper, first-class feature that is dramatically simpler to implement correctly. In practical terms, the proposal centers on native authentication delegation, a feature designed to let one Stellar account authorize another account to act on its behalf through a more direct network-level process. The upgrade also includes a security fix for the Soroban smart contract environment, resolving a replay vulnerability through the implementation of credentials strictly bound to a specific address. Protocol 27 also functions as a technical transition phase toward Protocol 28, which is expected to introduce contract-based authentication for standard Stellar accounts.
Index Inclusion and Institutional Custody Add Weight Hyperliquid (HYPE) and Stellar ($XLM) have been added to the Bitwise 10 Crypto Index ETF (BITW) in the latest rebalance, while Polkadot (DOT) and Avalanche (AVAX) were removed. The ETF tracks the 10 largest cryptocurrencies by market capitalisation, with periodic rebalancing to align with market developments. Stellar ranks 18th overall, but Bitwise's eligibility screens lift $XLM into the qualifying group. Stellar Lumens ($XLM) entered the fund at $0.18, carrying a 0.38% weighting.
On the custody side, Clearstream, a major European post-trade services provider under Deutsche Börse Group, expanded its cryptocurrency custody services to include $XLM. The move gives institutional investors regulated custody access to $XLM, boosting institutional access under MiCA.
Of the three catalysts, index inclusion tends to generate the most direct volume impact. ETF rebalances require fund managers to purchase the newly added asset to match index weightings, creating immediate and measurable buy-side demand. The protocol upgrade and custody expansion are longer-term structural positives, but the Bitwise addition likely accounts for a significant share of the immediate volume move.
Sources:
Stellar Development Foundation: Zipper Protocol 27 Upgrade Guide
Crypto Times: Bitwise 10 Crypto Index ETF Adds HYPE and XLM
Crypto News: Hyperliquid Lands in Bitwise 10 ETF
