Track market-moving stories before they get noisy

The U.S. Treasury added 134 crypto addresses tied to ISIS-K, the Islamic State’s Afghan and Pakistani affiliate, to its sanctions list on July 1, and Tether froze all 131 on Tron, though three Monero wallets stay beyond reach.

Posted July 2, 2026 at 8:06 pm EST.

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) updated its designation of ISIS-K on July 1 to add 134 cryptocurrency wallet addresses to its Specially Designated Nationals list, and stablecoin issuer Tether froze the balances on all 131 Tron addresses in the batch. The remaining three sit on Monero, where no one can touch them.

The action is a working model of how sanctions now reach onchain. The government publishes a set of addresses tied to a designated group, and a centralized issuer can render the funds on those addresses unspendable almost as fast as the list goes out. That leverage exists only where an issuer controls the asset. Monero, a privacy coin with no central operator, has no equivalent kill switch, so the three designated XMR wallets keep functioning despite the sanctions.

ISIS-K, the Islamic State’s Afghan and Pakistani affiliate, is a U.S.-designated terrorist group. According to blockchain analysis firm Chainalysis, the group solicited donations through its media arm, the al-Azaim Media Foundation, over websites and messaging apps. The 131 Tron addresses took in more than 1.4 million dollars since 2023 and sent out more than 880,000 dollars, with several of the wallets routing funds to Syria-based crypto exchangers.

Tether has become a recurring instrument in these actions. In January, the company froze roughly 182 million dollars in USDT across five Tron wallets, and it has repeatedly blacklisted addresses flagged by U.S. agencies. On June 22, OFAC also took action against people responsible for moving money for ISIS, sanctioning six entities and three individuals across Europe, the Middle East, and West Africa.

The same July 1 tranche carried a separate counter-narcotics action, naming a network tied to Brazil’s Primeiro Comando da Capital that allegedly used crypto to move more than 30 million dollars in illicit proceeds. Together the designations show OFAC leaning harder on onchain identifiers, and the split outcome on Tron versus Monero marks the boundary of what that approach can actually enforce.

Related Listen: DEX in the City: Why AI Agents Are Good for Crypto and Stablecoins

AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.

PagSeguro Digital remains a Strong Buy, trading at a deep discount due in part to higher macro headwinds and slowed down Brazilian rate cuts. PAGS delivered Q1 beats on the top and bottom lines, robust buybacks, a 23% YoY deposit increase, and a 36% credit portfolio expansion. Guidance targets 25–35% credit portfolio growth, 9–13% EPS growth, and BRL 1.8–2 billion CAPEX in 2026, with 2029 goals reaffirmed.

Uniswap [UNI] announced that it has deployed v2, v3, v4, and UniswapX on the Robinhood Chain. This is a Layer 2 built by Robinhood Crypto, with Uniswap serving as the automated market maker [AMM].

The launch is geared toward programmatic, automated, and AI-driven ecosystems. This news has helped UNI token prices climb by 14.2% in the past 24 hours, and the daily trading volume has spiked by 81%.

The wider crypto market has made a 2.3% bounce in the past 24 hours, helping bolster short-term UNI sentiment. How much higher can this bounce go?

The pessimistic long-term view Source: UNI/USDT on TradingView On the 1-week chart, the importance of $4 as a support was made abundantly clear. This level had been defended from June 2022 to January 2026.

Since then, the DEX’s governance token price slipped below this support and retested it twice as resistance. The latest Uniswap price move down to a swing low of $2.316, made in early June, highlighted the bearish long-term bias.

Source: UNI/USDT on TradingView A set of Fibonacci retracement levels was plotted using this move downward. The current bounce was operating within the bearish swing structure. Though the RSI managed to cross over above neutral 50, the OBV was unable to approach the highs made in mid-June.

This indicated short-term upward momentum but a lack of sustained buying pressure amidst a longer-term bear trend.

Traders’ call to action- Sell the bounce Source: CoinGlass The liquidation map showed a larger cumulative short liquidation leverage piled up overhead, up to $3.52. With a few clusters of high-leverage short positions, the price move toward $3.5 appeared more likely in the short-term based on the chart above.

If Bitcoin [BTC] does not see a swift sell-off in the coming days, there is a chance of a UNI bounce toward $3.5.

Traders can use such a bounce to sell the token, although a move to the 78.6% retracement level at $3.77 can not be ruled out. Overall, swing traders can maintain their bearish bias till the $4.17 swing high is broken.

Final Summary The Robinhood-Uniswap collaboration announcement, alongside a wave of respite across the wider crypto market, has made room for a UNI rally. The long-term Uniswap price trend was severely bearish, and the current bounce was only a minor move within this downtrend.

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.

This site is protected by reCAPTCHA.

Avalanche Treasury Co. (AVAT), an AVAX-focused digital asset treasury firm, plunged 73% on the Nasdaq since its June 11 debut, following disclosure of operational struggles in its first-quarter results.

AVAT went public last month after completing a $675 million merger with Mountain Lake Acquisition Corp., a crypto-aligned special purpose acquisition company. Its stock fell to $0.50 Wednesday from $1.85 on June 11.

According to a Monday filing with the Securities and Exchange Commission, the operating entity posted a net loss of $26.78 million in the first quarter. It reported a net working capital deficit of $9.06 million at the end of March.

The losses were mainly driven by unrealized losses tied to its crypto holdings, the company said. It held 13.39 million AVAX tokens at the end of March, acquired at a cost basis of $265.3 million. The fair value of AVAX holdings had fallen to just $122.8 million by quarter-end. AVAX is currently trading at $6.7, down 50.8% year-to-date.

'Substantial doubt' Under the first-quarter financial conditions, the company's management raised "substantial doubt about the company's ability to continue as a going concern within one year," especially as the completion of the SPAC merger appeared uncertain at the time.

However, the company said the merger transaction has since provided access to additional capital and resources. The management claims the resources will support its operations and liquidity needs for at least the next 12 months.

"Based on the improved liquidity profile and the removal of the previously identified uncertainties, management has concluded that substantial doubt about the Company's ability to continue as a going concern is alleviated for the twelve-month look-forward period from the date of the filing of this Form 10-Q," the latest filing said.

The Block has reached out to Avalanche Treasury for further comment.

Avalanche network has attracted more than $1.02 billion in institutional funds and facilitated the tokenization of over $1.65 billion in real-world assets, while supporting more than 550 projects across its ecosystem, according to a company statement released last month.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Avalanche Treasury Co. went public on June 11 with a $675 million SPAC valuation and a simple pitch: buy a ton of AVAX tokens, stake them, and let shareholders ride the upside. Six weeks later, the stock has lost 73% of its value. At its worst, shares dropped as much as 93% from their debut price.

The company’s SEC filing now includes a phrase no investor wants to read: “substantial doubt” about its ability to continue as a going concern. In English: the company itself isn’t sure it’ll make it through the year without fresh capital.

A treasury strategy with nowhere to hide Avalanche Treasury, trading under the ticker AVAT on NASDAQ, completed its public listing through a merger with Mountain Lake Acquisition Corp. The firm’s entire thesis revolves around holding approximately 15 million AVAX tokens, which represent roughly 3.5% of the total circulating supply of Avalanche’s native cryptocurrency.

Advertisement

AVAX is trading near $6.55, close to five-year lows. For context, Avalanche Treasury’s initial AVAX position was valued at around $265 million. By the end of Q1 2026, that same pile of tokens had shrunk to approximately $123 million. That’s more than $140 million in value evaporating from the balance sheet in a matter of months.

The Q1 2026 financial report tells a brutal story. The company posted a net loss of $26.78 million, driven almost entirely by fair-value losses on its AVAX holdings. Staking revenue came in at $2.06 million for the quarter, a number that barely registers against losses more than thirteen times its size.

The MicroStrategy playbook meets its limits The going-concern warning in Avalanche Treasury’s SEC filing specifically flags that the company needs either new capital infusion or some other strategic lifeline. Without it, the firm may not be able to fund operations. That’s a remarkable admission for a company that went public barely a month ago with a valuation north of half a billion dollars.

A retail investor who just bought AVAX on an exchange would be down significantly. An AVAT shareholder is down 73% to 93%, depending on when they bought in, because the stock carries all the token’s downside plus the company’s own financial deterioration.

What this means for investors The $2.06 million in quarterly staking revenue suggests the company does generate some yield on its position, but at current AVAX prices and loss rates, staking income is a rounding error. The firm would need AVAX to roughly triple from its current price just to get back to its original position value.

The competitive landscape for Avalanche itself adds another layer of concern. With AVAX sitting near multi-year lows, a major holder like Avalanche Treasury being forced to liquidate 15 million tokens to meet obligations or wind down could create significant selling pressure on an already weak token.

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

BlackRock-backed tokenization platform Securitize has tokenized its common stock, SECZ, on the same day as its NYSE listing. The stock notably surged by double digits today as the crypto market rebounded, with crypto stocks also seeing significant gains.

Securitize Tokenizes Common Stock On Solana and Avalanche In an X post, the company announced that it is tokenizing its common stock on Solana and Avalanche as it goes public on the New York Stock Exchange under the ticker SECZ. The tokenized stock will be available to eligible U.S. investors through the company’s regulated platform.

“The launch makes Securitize the first newly public company to bring its own stock onchain at the start of its life as a public company. Based on shareholder participation, tokenized SECZ is already the largest tokenized stock globally,” the post read.

CoinGape had earlier reported on Securitize’s NYSE debut today after the BlackRock-backed company received approval from Cantor Equity Partners II shareholders for the proposed merger. Meanwhile, the company noted that tokenizing its common stock has always been part of its plans.

The firm noted how it has grown based on the belief that traditional assets will increasingly move onchain through regulated, issuer-sponsored infrastructure. “By tokenizing its own public stock on Day 1, Securitize is demonstrating its confidence in the technology, market structure, and regulatory pathway it has spent years building,” it said.

Tokenized Shares To Trade Similar To Traditional Counterparts Securitize noted that the tokenized SECZ will represent the same common stock trading on the NYSE, not a separate share class. The company noted that tokenization changes the form of ownership but not the underlying nature of the share, nor does it override applicable legal, contractual, or transfer restrictions.

Furthermore, the top tokenization platform said that it expects the tokenized SECZ launch to establish a meaningful onchain shareholder base from Day 1. Meanwhile, they expect additional functionality, utility, and market infrastructure to develop over time.

Securitize’s stock has surged by double digits on its NYSE debut today. The crypto stock is currently trading at around $12, up over 10%, according to TradingView data. The stock has notably surged alongside other crypto stocks, which have recorded significant gains today as the Bitcoin price reached $62,000.

Source: TradingView

In brief Securitize shares made their public debut on Thursday, and were recently up more than 8% on the day. SECZ is also trading on-chain, with $266 million worth of shares tokenized on Solana and Avalanche. The firm went public via merger with a Cantor Fitzgerald-backed blank check firm. Shares in BlackRock-backed tokenization firm Securitize (SECZ) are up more than 8% in their trading debut, recently changing hands at $12.75. 

The firm began trading on the New York Stock Exchange (NYSE) Thursday, eight years after its founding, thanks to a merger with a Cantor Fitzgerald-backed blank check firm. 

“Our focus is unchanged: building the regulated infrastructure for the next generation of capital markets,” the firm posted on X.

While its shares hit traditional equity markets on Thursday, they also landed on the blockchain, with tokenized versions of $266 million worth of SECZ issued—a mark the firm said makes it the largest tokenized stock in the world.

“We have long said that public equities are moving on-chain, and there is no stronger validation of that belief than tokenizing our own public stock on Day 1,” said Carlos Domingo, co-founder and CEO of Securitize, in an article posted by the firm on X. 

“SECZ is not a synthetic token or offshore wrapper,” he said. “It is issuer-sponsored tokenization of the same common stock trading on the NYSE, made available through regulated infrastructure.” 

The tokenized version of SECZ is initially launching on layer-1 networks Avalanche and Solana, and is also accessible to eligible investors through the firm’s regulated tokenization platform. 

“Bringing SECZ on-chain is not just a milestone for Securitize,” Domingo said. “It is a blueprint for public companies that want to use tokenization to create more efficient, transparent, and useful ownership experiences for their shareholders.”

Earlier this week, Securitize President Brett Redfearn told Decrypt that tokenization is an understated benefit for consumers, pointing to better opportunities to make use of their assets—like via decentralized lending, when middle men are cut out of the equation. 

“I think that business is totally disruptible,” Redfearn told Decrypt. “There’s a lot of opportunities when you start to disintermediate traditional businesses.”

As of June, the tokenization firm had more than $4 billion in assets under management.

Editor's note: This story was updated after publication to clarify wording.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

Jul 2, 2026, 7:00 p.m.

2 min read

Securitize CEO Carlos Domingo on stage at Consensus 2026 in Miami. (CoinDesk)Summary

Securitize launched tokenized versions of its NYSE-listed shares on Solana and Avalanche on its first day as a public company.The onchain stock is available to eligible U.S. investors via Securitize's regulated platform and represents the same common shares that now trade on the NYSE.The move comes amid growing efforts to bring public equities onto blockchain rails, as Wall Street embraces tokenization and the debate over tokenization models intensifies.Securitize (SECZ), a tokenization specialist backed by BlackRock and ARK Invest, began trading on the New York Stock Exchange on Thursday, and simultaneously brought its own shares to blockchain investors.

The company said its common stock, trading under the ticker SECZ, is now available in token form on Solana (SOL) and Avalanche (AVAX) via its regulated platform. The blockchain-based shares represent the same common stock trading on the NYSE rather than a separate class of securities, the firm said.

Securitize also claimed bragging rights as the first newly public company to tokenize its own stock on its first day of trading. Investors held some $295 million in tokenized shares, according to blockchain data from RWA.xyz.

SECZ was 10% up in the Thursday session, its first day following the SPAC merger with publicly-traded Cantor Equity Partners II.

The launch is the latest milestone in the fast-growing tokenization sector, where banks and asset managers are increasingly using blockchain rails to issue traditional financial assets such as funds, bonds and equities. Supporters argue that tokenization can shorten settlement times, enable around-the-clock transfers and make securities interoperable with blockchain-based financial applications.

The opportunity has drawn growing interest across Wall Street. Citi projected that tokenized securities could reach $5.5 trillion by 2030, while Boston Consulting Group and Ripple estimated the market could grow to $18.9 trillion by 2033.

"We have long said that public equities are moving onchain, and there is no stronger validation of that belief than tokenizing our own public stock on day one," CEO Carlos Domingo said in a statement.

Issuer-sponsored tokenizationUnlike many existing tokenized stock products, which are issued by third parties or offered outside the United States, Securitize said SECZ is an issuer-sponsored tokenization of the company's own shares. Eligible U.S. investors can buy the tokenized stock through Securitize's platform after completing identity verification and meeting securities law requirements.

The launch doubles as a showcase for Securitize's business.

The company, founded in 2017, has spent years building tokenization infrastructure for firms including BlackRock, Apollo, KKR, Hamilton Lane and VanEck, providing issuance, transfer agency and fund administration services for blockchain-based securities.

Earlier this year, NYSE parent company Intercontinental Exchange (ICE) partnered with Securitize to develop infrastructure for tokenized equities. It also teamed up with Computershare and Continental, two of the world's largest transfer agents, to help public firms issue their shares in token form on blockchain rails.

By putting its own stock onchain from day one, Securitize aims to make a broader case for tokenized equities issued by companies themselves rather than wrapped by third parties.

"We just wanted to lead by example and show people that if you want to issue real shares onchain, not fake shares, not copy cats, whatever you want to call it, then you can do it," Domingo told CoinDesk.

12345678910

Building the Zcash Machine: Tachyon and Quantum Readiness

Building the Zcash Machine: Tachyon and Quantum Readiness

Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.

Jun 30, 2026

Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.

Why it matters:

Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.

The historic initial public offering (IPO) of Space Exploration Technologies (SPCX +2.83%), more commonly known as SpaceX, represented a watershed moment in capital markets. The IPO price of $135 per share valued the company at approximately $1.75 trillion.

However, SpaceX stock opened on Nasdaq near $150 -- achieving a $2 trillion market cap on its first day of trading. At its debut, SpaceX was instantly among the world's most valuable public companies.

SpaceX's swift entry into the trillion-dollar club underscores enthusiasm for its blend of launch capabilities, expanding satellite network, and bold forays into artificial intelligence (AI) infrastructure. While the IPO was monumental, a bigger question now centers on whether this momentum can scale the company to an unprecedented market capitalization over the coming decade.

Let's dig into SpaceX's growth prospects and assess if the stock can feasibly reach a $10 trillion valuation in the years ahead.

Image source: The Motley Fool.

What does SpaceX's revenue trajectory look like? SpaceX's revenue profile is supported by three interconnected pillars that evolve at different rates.

SpaceX's launch business should continue to benefit from its reusable rocket technology, combined with rising global demand for satellite deployment and crewed missions. Starship's maturation is expected to bring further cost reductions to orbital operations, potentially unlocking a higher launch cadence and new commercial and government contracts. I think it's reasonable to expect this segment to generate steady, not explosive, growth as competition in the space exploration industry intensifies.

Starlink represents the company's nearest growth engine. The constellation has already brought broadband connectivity to remote regions and is expanding aggressively across maritime, aviation, and enterprise markets. Given this success, Oppenheimer analyst Timothy Horan cites Starlink's potential to disrupt traditional telecoms through direct-to-cell capabilities, positioning the network as a global connectivity layer that could capture market share from terrestrial providers.

The most transformative upside, however, lies in AI infrastructure. Over the last month, SpaceX has secured $82 billion worth of partnerships with Google Cloud, Anthropic, and Reflection AI. Meanwhile, the company is exploring cross-synergies with xAI for model training and Cursor for developer tooling.

Today's Change

(

2.83

%) $

4.46

Current Price

$

162.00

What would it take for SpaceX to reach a $10 trillion valuation? SpaceX's current trading levels already reflect extraordinary optimism. Based on its 2025 revenue of $18.7 billion, SpaceX commands a price-to-sales (P/S) multiple of roughly 110 -- rich by any historical standard. Furthermore, Wall Street's long-term forecasts diverge sharply on the company's revenue profile.

Goldman Sachs projects SpaceX's total revenue to reach $474 billion by 2030, fueled primarily by the AI division, which is expected to surge from roughly $3 billion today to $322 billion. Analysts at Morningstar built a comprehensive discounted cash flow (DCF) model and concluded that SpaceX has a far more conservative growth profile. Morningstar projects that SpaceX will generate only $67 billion in revenue by 2030 and could scale to roughly $500 billion by 2045. The disparity in Goldman and Morningstar's timelines to reach roughly the same revenue profile is striking. Oppenheimer was less granular on absolute dollars but emphasized a total addressable market approaching $10 trillion by 2035 between satellite communications and AI infrastructure.

Blending these perspectives, I think a plausible 10-year revenue estimate for SpaceX could fall in the $200 billion range by the mid-2030s. This would assume continued Starlink subscriber momentum in enterprise markets, successful Starship commercialization, and scaling AI infrastructure contracts converting into a sustained, high-margin revenue stream.

Against this backdrop, reaching a $10 trillion market capitalization at this revenue level would require a forward P/S multiple of 50x. While that's lower than today's multiple, such a valuation still embeds substantial growth expectations and a durable competitive moat.

Smart investors need to be realistic when it comes to SpaceX It's important to note that the math exercise above is inherently speculative and should serve only to illustrate the scale of SpaceX's ambitions. A $10 trillion SpaceX would require near-perfect execution across multiple frontiers simultaneously.

History shows that even the most revolutionary technology platforms rarely sustain the valuation profile and growth rates needed to reach such historic levels without periodic corrections. While SpaceX possesses unique technological momentum and a visionary founder and CEO in Elon Musk, translating these ambitions into consistent, profitable revenue streams at scale remains both a demanding challenge and highly uncertain.

The numbers explored above highlight both the breathtaking upside and the hurdles that SpaceX must clear to justify maintaining a premium valuation. In the end, whether SpaceX becomes the first $10 trillion stock will depend less on today's enthusiasm and more on the consistent execution of management's most ambitious promises throughout the AI infrastructure era.

Exclusive

Alexandr Wang says Meta's coming AI has caught up with OpenAI's flagship model By You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

and Pranav Dixit You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Meta's AI chief, Alexandr Wang. Bloomberg/Getty Images Meta is making significant progress in the AI model race, its superintelligence chief Alexandr Wang told employees today.

In an internal town hall, Wang said that Meta's upcoming AI model — which is codenamed Watermelon — has caught up with OpenAI's flagship GPT-5.5 model, he said, according to two sources familiar with the matter. Wang cited the achievement based on closely followed AI model benchmarks. It's not clear which benchmarks Wang cited.

"Watermelon, our next model after Avocado, is currently in training," Wang said in the town hall, according to a person familiar with the matter. "Watermelon uses an order of magnitude more compute than Avocado," he added, referring to Meta's internal codename for Muse Spark, the first in a family of models that the company released in April.

Wang alluded to that progress publicly, too. In a post on X on Thursday, he said an update to the current model Muse Spark is coming soon, with major gains in coding and agentic capabilities aimed at closing the gap with rival models. Asked by a user when Meta would have a coding model on par with Anthropic's Claude Opus, Wang replied that it would be "pretty soon," adding that users would like what the company has "cooking."

Meta's AI ambitions have long hinged on a simple goal: closing the gap with OpenAI, Google, and Anthropic. Despite a massive investment in chips, data centers, and talent, the company has struggled to convince developers and customers that its models belong at the industry's leading edge.

If Wang's assessment is accurate, it would mark the clearest sign yet that Meta's investment and Zuckerberg's aggressive talent blitz are beginning to pay off, even as the race continues to move at a rapid pace.

GPT 5.5 is a powerful AI model that OpenAI released in April of this year. OpenAI then debuted its most powerful model yet, GPT 5.6, late last month, but hasn't released it generally yet, based on the US government's requests.

Meta declined to comment. OpenAI didn't respond to a request for comment.

In April, Meta released the first in a series of models called Muse Spark, which performed well on benchmarks but did not match or exceed OpenAI or other labs such as Anthropic.

Zuckerberg is ferociously pushing for Meta to get ahead in the AI race. He appointed Wang last year to head this effort, renaming the company's AI division to Meta Superintelligence Labs.

At Meta, Wang oversees a team of elite AI researchers known as TBD, along with other AI efforts, such as a recent hardware push. Meta has offered top AI talent hundreds of millions of dollars each to join, Business Insider previously reported.

That talent push comes as Meta ramps up spending on infrastructure. The company told investors this year that it expects to spend between $125 billion and $145 billion this year on chips, data centers, and other infrastructure, up from an earlier forecast of $115 billion to $135 billion, citing rising component costs and additional data center spending.

Have a tip? Contact Charles via email at [email protected] or on Signal and WhatsApp at 628-282-2811. Contact Pranav via email at [email protected] or on Signal at 408-905-9124. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely.

Read next

Charles Rollet You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Charles Rollet is BI's tech correspondent in San Francisco. Prior to joining BI, Charles worked at TechCrunch covering startups and VC. Charles is based in the Bay Area, where he enjoys hiking with his dogs. You can contact Charles securely on Signal at charlesrollet.12 or +1-628-282-2811.

Pranav Dixit You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Pranav Dixit is the Meta Correspondent at Business Insider based in the San Francisco Bay Area. He writes about Meta’s products, policies, and internal workings while examining how the company’s decisions shape how billions of people connect and communicate.Previously, Pranav was the India-based technology correspondent for BuzzFeed News, covering the impact of Silicon Valley’s largest companies on the culture, society, and politics of more than a billion people in South Asia. He has also been a senior news editor at Engadget and ran technology coverage at the Hindustan Times, one of India’s largest national newspapers.Pranav’s reporting has shed light on the human consequences of Big Tech’s quest for growth in emerging markets, and sparked widespread conversations about the impact of American technology companies on the Global South. In 2019, he won Syracuse University’s Mirror Award for a boots-on-the-ground feature about how WhatsApp misinformation sparked gruesome lynchings in rural India. He has also reported from Kashmir, a volatile geopolitical hotspot, documenting the world’s longest-running internet shutdown.His work has been widely cited by major national and international publications, and he has been featured on the BBC, Al Jazeera, and podcasts such as Vox Media’s Land of the Giants to discuss his work. He has also spoken in journalism classes including at UC Berkeley’s graduate journalism program. His writing has appeared in The Guardian, Vox, Time, The Information, and Al Jazeera.Pranav moved to the United States in 2021 from New Delhi, India, to be a fellow at Harvard University’s Nieman Foundation for Journalism, where he studied the evolution of the American tech press and ways newsrooms around the world can cover technology and society more effectively.Got a tip about Meta or anything else in Silicon Valley? Contact Pranav via encrypted messaging app Signal (+1408-905-9124), or email him at [email protected] or [email protected]. You can also reach him on WhatsApp at +857-753-3949 or DM him on X (@PranavDixit) or BlueSky (@pranavdixit.bsky.social).Pranav keeps sources anonymous. Please use a non-work device to reach out.Expertise: Meta, Facebook, WhatsApp, Llama, AI, Threads, Instagram, Mark Zuckerberg, social media, platforms, immigration

Exclusive OpenAI AI More Generative AI Meta Technology

The beverage giant is growing revenue and profitability.

*Stock prices used were the afternoon prices of June 30, 2026. The video was published on July 2, 2026.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Amazon's head of devices and services discussed the company's focus on artificial intelligence, Alexa Plus and new types of technology to support it.

Tyler has worked on, lived with and tested all types of smart home and security technology for over a dozen years, explaining the latest features, privacy tricks, and top recommendations. With degrees in Business Management, Literature and Technical Writing, Tyler takes every opportunity to play with the latest AI technology, push smart devices to their limits and occasionally throw cameras off his roof, all to find the best devices to trust in your life. He always checks with the renters (and pets) in his life to see what smart products can work for everyone, in every living situation. Living in beautiful Bend, Oregon gives Tyler plenty of opportunities to test the latest tech in every kind of weather and temperature. But when not at work, he can be found hiking the trails, trying out a new food recipe for his loved ones, keeping up on his favorite reading, or gaming with good friends.

Expertise Smart home | Smart security | Home tech | Energy savings | A/V

2 min read

On Thursday, Amazon's head of devices and services, Panos Panay, discussed the future of Amazon's smart devices with CNBC, which includes the company's own end-to-end silicon chips. In the interview, Panoy also revealed plans for future AI devices and its advanced Alexa Plus AI assistant. 

That Amazon-only design, currently in AZ3 and AZ3 Pro chips, is in devices I've tested, like the Echo Show 8 and Echo Show 11 (now in my kitchen), as well as the Fire TV. Panay says more devices are on the way. 

The latest chips are designed to run as much AI on-device as possible, improving response times and generally making it more secure than relying on cloud processing. 

"If we're going to go deliver this ambient experience in the home for people in the most secure way, we definitely need to think about how that end-to-end delivery of hardware comes together," Panay said, although he added that Amazon is still using Qualcomm chips for other purposes. 

This may also give Amazon more control over device pricing. While computer chips aren't facing quite the same AI-related cost leaps as graphics processing units -- something CNET has termed RAMageddon -- prices are still rising. Keeping the manufacturing process mostly in-house could help Amazon dictate consumer prices with more discretion. 

An Amazon representative did not immediately respond to a request for comment. 

Amazon's chips are only the start of a new focus on AI Alexa Plus can do a lot, but now Amazon wants it to be on the go.

Tyler Lacoma/Zooey Liao/CNETWhy the new focus on end-to-end chip design? According to Panay, it comes down to improving security and AI, especially its Alexa Plus capabilities. Alexa Plus is the latest version of Amazon's voice assistant (free with Amazon Prime, $20 for most capabilities otherwise), built with conversational AI.

I've used it to talk through recipes, to change its own settings, to create automatic conversations for my doorbell, to order GrubHub and for plenty more, but Amazon is just getting started.

"I think we might be moving away from a world of apps and screens," Panay said to CNBC, underlining Amazon's focus on the voice assistant. He said Amazon has a lab full of devices it's testing, including a "whole roadmap of on-the-go devices." That would explain Amazon's purchase of wearables brand Bee in 2025. 

What those mobile Alexa Plus devices look like remains to be seen, but according to Amazon, we won't have to wait long. We've already seen devices like AI pins that can listen to your daily conversations and take notes on them, but they haven't been especially useful and have raised privacy questions about what this technology listens to. 

Speaking of privacy, it's worth noting that Amazon automatically processes voice commands given to devices like the Echo Show 11 for analysis, and while you can turn other Alexa settings off, you can't adjust that one. 

This new wave of AI devices is likely to come with similar requirements, so think about how much you want Amazon to know about you. 

Smart Home

TYLER LACOMA

Editor / Home Security and Smart Home

Tyler has worked on, lived with and tested all types of smart home and security technology for over a dozen years, explaining the latest features, privacy tricks, and top recommendations. With degrees in Business Management, Literature and Technical Writing, Tyler takes every opportunity to play with the latest AI technology, push smart devices to their limits and occasionally throw cameras off his roof, all to find the best devices to trust in your life. He always checks with the renters (and pets) in his life to see what smart products can work for everyone, in every living situation. Living in beautiful Bend, Oregon gives Tyler plenty of opportunities to test the latest tech in every kind of weather and temperature. But when not at work, he can be found hiking the trails, trying out a new food recipe for his loved ones, keeping up on his favorite reading, or gaming with good friends. See full bio

Microsoft's (MSFT +1.69%) stock had one of its worst months of performance in June.

*Stock prices used were the afternoon prices of June 30, 2026. The video was published on July 2, 2026.

Parkev Tatevosian, CFA has positions in Microsoft. The Motley Fool has positions in and recommends Microsoft. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Visa (V +2.87%) is arguably facing its biggest risks in recent years.

*Stock prices used were the afternoon prices of June 30, 2026. The video was published on July 2, 2026.

Parkev Tatevosian, CFA has positions in Visa. The Motley Fool has positions in and recommends Visa. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

THE STREET: Spiko brings its tokenized money market fund to Solana

Table of contents

The fresh $8 million raise for predictive behavioral AI network THEA puts Solana at the center of a quiet but consequential race. Instead of forcing inference computation on-chain—an expensive and slow proposition—the project is building a coordination layer that settles accounts and routes requests while the heavy math stays off-chain. The approach addresses a friction that has kept machine learning outputs from being reliably used in DeFi and on-chain automation. The funding round, led by Maven11 Capital, Spartan Group, ManifoldTrading, HackVC and Fisher8 Capital, arrived as institutional interest in crypto-AI convergence keeps climbing.

Solana has consistently ranked among the top chains by developer activity, as seen in recent weekly developer rankings, and the network’s low-latency architecture makes it an attractive settlement layer for AI coordination. THEA plans to use Solana to manage inference requests, accounting, and settlement, treating the blockchain as a verifiable ledger rather than a compute engine. It is a division of labor that mirrors how certain high-frequency trading systems operate: speed-sensitive logic stays close to the hardware, while finality and dispute resolution happen on-chain.

The Case for Keeping Computation Off-Chain On-chain inference remains a bottleneck. Running neural networks directly on Ethereum or Solana is not only cost-prohibitive but also introduces latency that breaks real-time use cases. THEA’s design acknowledges that machine learning models will run where they perform best—on GPUs, TPUs, or future specialized hardware—while Solana provides an immutable record of who requested what, which model was used, and who should be paid. This separation could unlock a market where AI services are paid for on a per-inference basis, with settlement flowing through SOL or SPL tokens.

The structure also lowers the trust barrier. Rather than requiring every user to audit a model’s output, the network coordinates what answers were delivered and provides a settlement trail. The round included trading firm ManifoldTrading, which suggests institutional interest not just in the technology but in how AI outputs could be plugged into execution environments. A transparent ledger of AI interactions is something that quant funds and automated strategy builders might find particularly useful.

What Solana’s Ecosystem Gains From an AI Settlement Layer THEA’s launch could give Solana-based DeFi protocols a native way to integrate predictive models without building their own infrastructure. If a lending protocol wants to use AI to score borrower risk or a DEX wants to reroute orders based on model-driven slippage forecasts, the coordination layer would handle the invoicing and settlement. These kinds of partnerships mirror other AI-driven Web3 integrations, such as UXLINK and Origins Network, where off-chain compute is paired with on-chain coordination. Teams building on Solana get a middleware that reduces the time from model output to on-chain action.

The timing matters. A string of recent infrastructure deals has pushed the total value of tokenized real-world assets past $20 billion, and on-chain settlement for non-speculative data—such as AI predictions—could be next. If THEA’s model gains traction, Solana might see a new category of transaction volume that does not originate from token swaps or NFT mints but from machine-to-machine invoicing. That would add a different kind of fee base and broaden the network’s utility beyond its current DeFi and memecoin identity.

Open Questions and What to Watch Despite the raise, several things are not yet settled. THEA’s tokenomics have not been disclosed, and it is unclear whether the network will introduce a native token, use SOL as the primary gas and settlement unit, or structure fees in stablecoins. The decision will shape how value accrues and whether the protocol is perceived as a Solana-native asset or an external service that uses Solana as a utility.

Adoption also hinges on how many AI model providers plug into the network. THEA’s coordination layer only works if there is enough supply of predictive behavioral models willing to accept payment through on-chain rails. For now, the networks that dominate AI inference—mostly centralized providers—have shown little interest in crypto settlement. If THEA cannot bridge that gap, the network may struggle to attract volume from serious machine learning teams.

Another variable is Solana’s reliability. While the chain’s uptime has improved, a coordination layer that handles real-time inference requests demands near-perfect block production and minimal state bloat. Even short delays in settlement could create discrepancies between off-chain model results and their on-chain record, opening arbitrage or dispute scenarios. Traders watching THEA should track the ratio of inference requests settled versus failed, if that data becomes public.

Still, the raise signals that venture capital sees value in the plumbing between AI and blockchains, not just in yet another layer-one token or decentralized compute marketplace. If THEA executes, Solana could become the de facto settlement environment for an emerging class of machine intelligence services. The next test is a mainnet launch that shows real usage, not just a well-funded idea.

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.

There is a reason this one is worth separating from the usual market noise. Solana Foundation Launches Validator Governance Framework for On-Chain Voting gives NewsBTC readers a clean angle on Solana at a point where the market is trying to separate durable signals from short-lived noise.

According to the source material reviewed for this report, the story turns on a few concrete details rather than vague sentiment. That matters because crypto headlines can move quickly, but the pieces that tend to last are the ones backed by filings, official releases, data dashboards, or protocol-level records.

TL;DR

The Solana Foundation deployed a new protocol-level governance framework. Validators holding at least 100,000 delegated SOL can now publish proposal drafts. Proposals advance to stake-weighted voting once they secure a minimum of 15% cluster support. A Fresh Signal For The Market The immediate relevance is that this development fits into one of the market’s main themes for the day: institutional positioning, network usage, regulatory pressure, protocol development, or asset-specific rotation. In this case, the key topic is Solana, which is why it deserves a dedicated read rather than being buried inside a broader market recap.

For traders, the useful part is not simply that the headline exists. It is the way the facts line up with the current market backdrop. When official sources, market data, or protocol records show a fresh shift, readers get a better sense of whether the move is just a one-day reaction or part of something more structural.

The Numbers That Matter The core source for this story is governance.solana.com with supporting data from docs.governance.solana.com. That source trail is important because the final article should not rely on discovery-only media links or second-hand summaries.

The Solana Foundation deployed a new protocol-level governance framework.

Validators holding at least 100,000 delegated SOL can now publish proposal drafts.

Proposals advance to stake-weighted voting once they secure a minimum of 15% cluster support.

The numerical claims in the pack were tied back to specific source material before writing. '100,000 SOL' sourced from Solana Foundation SGPs proposal threshold requirement; '15%' sourced from Solana Foundation SGPs cluster stake support threshold; 'two-thirds (66.67%)' sourced from Solana Foundation SGPs pass requirement

The Important Caveat The caution is just as important as the headline. Do not state this is a complete fork of the validator software; it is a governance protocol addition.

That means the cleaner read is to treat this as a confirmed development with a defined scope, not as proof of a guaranteed price move or a sweeping market shift. In crypto, the difference matters. A verified data point can strengthen a thesis, but it does not remove execution risk, liquidity risk, regulatory uncertainty, or the possibility that traders fade the initial reaction.

For now, the story gives the market another piece of evidence to weigh. If follow-up filings, dashboard updates, protocol records, or official statements confirm further momentum, the angle can develop into something larger. If not, it still stands as a useful snapshot of where activity is concentrating today.

This report is based on information from governance.solana.com and docs.governance.solana.com.

This article was written by the News Desk and edited by Samuel Rae.

SLX exploded onto Korean exchanges, spiked to $0.47, then gave most of it back. Behind the volatility sits a Solana yield protocol with real total value locked. Here is the bull case, the bear case, and where SLX could go next.

Summary

Solstice is a Solana-native yield protocol built around institutional-style strategies and its own USX stablecoin, and SLX is its governance and utility token, launched in early 2026. SLX drew heavy attention through rapid listings on major exchanges including Upbit and Bithumb, spiking to an all-time high near $0.47 before pulling back sharply into the high-teens to low-thirties cents. The bull case rests on genuine total value locked, deep exchange liquidity, Solana ecosystem momentum, and a fixed token supply, which set Solstice apart from purely speculative launches. The bear case centers on vesting-driven sell pressure, the token’s short and unproven history, extreme volatility, and its exposure to Solana and the broader risk-off market. The realistic path for SLX is wide: a reclaim toward $0.47 is possible if total value locked keeps growing, while a break of key support near $0.20 would open the door to launch-era lows. Solstice and its SLX token became one of the few things moving in a bruised crypto market, spiking more than 50% in a single day at one point and drawing intense trading volume across Korean and global exchanges.

Behind the price action is a Solana-based yield protocol that, unlike many recent launches, arrived with a working product and real capital already flowing through it. That combination of genuine fundamentals and violent volatility is exactly what makes SLX interesting and hard to forecast.

This price prediction walks through what Solstice is, why SLX is trending, the strongest arguments on both sides, the technical picture, and a set of bull, base, and bear scenarios. None of it is financial advice, and SLX is a small, volatile asset, so the ranges here are wide by necessity.

What is Solstice, and why is SLX trending? Solstice is a decentralized finance protocol built on Solana that positions itself as a yield layer, bringing institutional-style strategies on-chain instead of chasing meme-driven hype. Its approach centers on strategies such as delta-neutral funding trades and tokenized credit exposure, the kind of yield generation that has traditionally lived outside public blockchains.

At the center sits USX, the protocol’s native stablecoin, which supports lending, yield, and capital-efficient strategies across the Solana ecosystem. SLX is the governance and utility token that powers all of this, and a staked version, stSLX, is already live through integrations such as Exponent Finance.

What separates Solstice from the long tail of small-cap launches is that it came to market with a real product and real capital. The protocol reported total value locked in the hundreds of millions of dollars around its 2026 launch, with staking infrastructure securing over $1 billion in validator operations. That is a genuine fundamental backdrop, not a promise, and it is the main reason serious traders have paid attention instead of dismissing SLX as another listing pump. The token also has a fixed supply, which matters for any long-term valuation argument.

The trending began with distribution. SLX listed rapidly across major venues, with Upbit adding a Korean won pair and Bithumb, OKX, Bybit, Kraken, Gate, and others following within days, plus futures markets on several large exchanges. That breadth of liquidity, combined with strong Korean retail demand, produced enormous volume and sharp moves, including a spike to an all-time high near $0.47 and a later single-day surge of more than 50% on hundreds of millions of dollars in volume.

The token has since pulled back well off that high, which sets up the central question: was the spike a first taste of price discovery for a real protocol, or a listing-driven pump that is now fading?

The bull case for SLX The bull case starts with the product being real. Solstice is not a whitepaper promise; it is a protocol with meaningful total value locked and a functioning stablecoin in USX, generating the kind of on-chain activity that can support a token’s value beyond speculation. In a market crowded with launches that have no users and no revenue, a Solana yield protocol with hundreds of millions of dollars locked and over $1 billion in secured validator operations stands out. If that total value locked keeps growing, it provides a fundamental floor under SLX that pure momentum tokens lack.

The second pillar is liquidity and reach. SLX is not stranded on one exchange; it trades across Upbit, Bithumb, OKX, Bybit, Kraken, and more, with active futures markets. That multi-exchange presence, and the strong Korean demand that has driven much of the volume, means SLX can attract capital from many directions and can move fast when sentiment turns positive. Deep, distributed liquidity is a real asset for a young token, because it lowers the friction for new buyers and supports larger positions without extreme slippage.

The third pillar is the Solana ecosystem itself. Solstice is a bet on Solana, and Solana has its own momentum, with major protocol upgrades in progress and spot Solana exchange-traded funds already drawing inflows even during the downturn. If Solana strengthens, its native yield protocols benefit from rising activity and capital, and SLX is positioned squarely in that flow as an institutional-yield and stablecoin play. Add a fixed token supply and a live staking mechanism through stSLX, and the bull case is that SLX is an early-stage bet on real Solana yield infrastructure, with room to reprice higher if adoption compounds and the market rotates back toward risk.

The bear case for SLX The bear case is equally concrete, and it starts with sell pressure baked into the token’s design. Solstice used vesting mechanics tied to its early reward programs, and those mechanics have created real, forced selling. Users who chose vesting options faced deadlines and requirements to maintain total value locked or risk losing unclaimed tokens, which forces decisions that ripple through the market in short, sharp bursts. When early participants are pushed to claim, sell, or restructure positions on a schedule, that overhang weighs on price regardless of how good the underlying protocol is.

The second problem is that SLX is new and unproven over any meaningful time horizon. It launched in 2026, so it has no track record across a full market cycle, no history of how its yield strategies perform under stress, and no evidence yet that its total value locked is sticky rather than mercenary capital chasing incentives. Delta-neutral and tokenized-credit strategies carry their own risks, and a young protocol has not been tested by a genuine crisis. Small market capitalization compounds this: a token this size can move violently in both directions, and the same volatility that produced a 50% up-day can produce equally brutal declines.

The third pressure is external. As a small-cap token, SLX is highly sensitive to the broader market, and small caps are typically hit first and hardest when risk appetite fades. The wider crypto market entered the second half of 2026 off its worst month on record, with macro headwinds from a hawkish Federal Reserve and tight liquidity, and in that environment speculative Solana tokens are vulnerable. SLX also depends heavily on Solana; any weakness in the ecosystem, or a rotation away from it, pulls SLX down with it. The bear case is that the listing-driven spike was the peak of attention, and that vesting overhang plus a hostile macro backdrop grinds the token back toward its launch-era lows.

The technical picture The chart tells a story of a sharp discovery phase followed by a deep retracement. SLX reached an all-time high near $0.47 in its early weeks, driven by listing momentum and Korean demand, then fell hard as that initial euphoria faded and vesting pressure kicked in.

Solstice price chart | Source: TradingView Along the way, it printed dramatic moves, including a single-day surge of more than 50% to around $0.26 on roughly $253 million in volume, the kind of volatility that defines a young, thinly seasoned token in active price discovery. Since the high, the token has traded well below it, at times slipping into the high teens in cents.

The key level bulls and bears are watching is support around $0.20. That zone has acted as a line in the sand: holding it keeps a recovery structure intact, while a decisive break below it signals that the earlier bounce was just a bounce and opens the path toward launch-era lows. On the upside, the token has to reclaim and hold higher ranges before the $0.47 all-time high comes back into view, and doing so would require sustained volume and improving sentiment rather than a single spike. Momentum indicators have swung with the price, reflecting a token that has not yet settled into a stable trend.

The honest read of the technicals is that SLX is in an unresolved range beneath its all-time high, with $0.20 as the pivotal support and the high near $0.47 as the reference resistance. Because the token is young and volatile, technical levels are less reliable than they are for seasoned assets, and a single macro or protocol catalyst can override the chart.

For a price prediction, the technicals mostly define the boundaries: a wide zone between the low-twenties cents on the downside and the high-forties on the upside, with the resolution depending on fundamentals and market conditions more than on any pattern.

What could move SLX next Several specific catalysts will likely decide which way SLX breaks. The most important is total value locked. Because Solstice’s entire investment thesis rests on being a real yield protocol, the trajectory of its total value locked is the single best signal to watch.

Growing total value locked, especially if it proves sticky after incentive programs wind down, would validate the fundamental case and support a higher token price. Shrinking total value locked, or evidence that the capital was purely mercenary, would undercut the whole argument. Adoption of the USX stablecoin is part of the same story, since real usage of USX in lending and yield is what turns Solstice from a launch into a lasting protocol.

The second driver is the vesting and unlock schedule. Because forced selling from vesting has already pressured the token, the timing and size of upcoming unlocks matter directly. Periods of heavy unlocking are headwinds; periods where supply pressure eases give the token room to recover. Traders watching SLX should track the schedule closely, because unlocks are among the most predictable sources of selling for a young token.

The third set of catalysts is external: Solana and the macro backdrop. Strength in Solana, whether from protocol upgrades, exchange-traded-fund inflows, or a broad rotation back into the ecosystem, would lift SLX, while Solana weakness would drag it down. Above that sits the overall market, where macro signals like inflation data and Federal Reserve policy set the risk appetite that small caps live and die on.

Continued Korean exchange demand is a further wildcard, since that flow has driven much of SLX’s volume and could reignite momentum or fade. The interplay of protocol growth, unlock pressure, Solana health, and macro risk appetite is what will move SLX from here.

Is SLX a trade or a long-term hold? One of the most useful ways to think about SLX is to separate the short-term trade from the long-term thesis, because they are governed by very different forces. As a short-term trade, SLX is a momentum and liquidity story. Its price has been driven by listing events, Korean exchange demand, volume spikes, and vesting-related selling, and those forces produce sharp, fast moves in both directions.

A trader focused on this timeframe cares about volume, the $0.20 support, unlock dates, and shifts in market risk appetite, and treats the token as a high-volatility instrument to be sized small and managed tightly. On this horizon, fundamentals matter less than flows, and the biggest risk is being caught on the wrong side of an unlock or a broad risk-off move.

As a long-term hold, SLX is a bet on Solstice becoming durable Solana infrastructure. That thesis rests on whether the protocol’s total value locked proves sticky after incentives fade, whether USX earns real adoption as a stablecoin, and whether Solstice’s institutional-yield strategies keep working across market conditions.

A long-term holder is effectively wagering that a real yield protocol with genuine capital will grow into and beyond its current valuation as Solana matures, and is willing to sit through severe volatility to get there. On this horizon, the daily chart matters far less than the trajectory of the fundamentals.

The two views can point in opposite directions at the same moment. A token can look dangerous as a short-term trade, with unlocks looming and momentum fading, while looking attractive as a long-term accumulation if you believe in the protocol, or the reverse, with strong short-term momentum masking a fragile long-term case.

This is why a single price target is misleading for an asset like SLX: the right answer depends on whether you are trading the flows or investing in the protocol. Being honest with yourself about which one you are doing is the most important risk decision, more important than any level on the chart.

For most people, the practical takeaway is to match position size and time horizon to conviction. If the interest is the trade, keep positions small, respect the levels, and watch the unlock schedule and macro closely. If the interest is the long-term protocol thesis, the questions that matter are about total value locked, USX adoption, and Solana’s health over quarters and years, not about this week’s candle. Blurring the two, holding a trade that went wrong as if it were a long-term investment, or trading in and out of a position meant to be a multi-quarter thesis, is how small-cap tokens do the most damage to a portfolio.

Solstice price prediction scenarios Because SLX is a young token with limited price history, the most honest approach is to frame scenarios instead of pretending precision. The ranges below are illustrative and built from the drivers discussed above, not guarantees. SLX can move well outside them if the market or Solana shifts suddenly.

Bull case In the bull scenario, Solstice proves that its total value locked is durable rather than incentive-driven, USX adoption keeps expanding, and Solana remains one of the strongest ecosystems in crypto. Vesting-related sell pressure fades, Korean demand stays healthy, and broader market sentiment improves as liquidity returns to crypto. Under those conditions, SLX reclaims the higher trading ranges, breaks back through resistance, and retests the all-time high near $0.47. If protocol growth continues beyond expectations, price discovery above that level becomes possible, supported by a fixed token supply and expanding usage instead of listing hype alone.

Base case In the base scenario, the protocol continues growing but at a slower pace than the market hoped. Total value locked remains stable, USX adoption gradually improves, and vesting pressure offsets much of the organic demand. Solana performs reasonably well without entering another major bull phase, leaving SLX trading inside a broad range between roughly $0.20 support and the low-$0.30s. This is the “working protocol, patient market” outcome where fundamentals improve faster than price.

Bear case In the bear scenario, total value locked begins falling as incentive capital leaves, unlock-related selling continues weighing on the token, and Solana weakens alongside the broader crypto market. The $0.20 support fails, sending SLX back toward launch-era lows as speculative interest fades. Because the token is still early in its life cycle, confidence could deteriorate quickly if growth slows or the macro backdrop remains hostile. This outcome does not require the protocol to fail; it only requires demand to remain weaker than the ongoing supply pressure.

Frequently Asked Questions What is Solstice (SLX)? Solstice is a decentralized finance protocol built on Solana that focuses on institutional-style yield strategies. It combines products such as delta-neutral strategies, tokenized credit exposure, and its USX stablecoin to create capital-efficient yield opportunities. SLX is the protocol’s governance and utility token, while stSLX represents the staked version used within the ecosystem.

Why is SLX trending? SLX gained attention after listing on major exchanges including Upbit, Bithumb, OKX, Bybit, Kraken, and others in quick succession. Strong Korean trading activity, high volume, and a rapid move toward an all-time high near $0.47 pushed the token into the spotlight. Unlike many new launches, Solstice also arrived with meaningful total value locked, giving traders a real protocol to evaluate instead of only speculation.

Can SLX return to $0.47? A move back to the all-time high is possible but depends on several conditions. Solstice would need to continue growing its total value locked, expand USX adoption, reduce the impact of vesting-related selling, and benefit from a stronger Solana ecosystem and broader crypto recovery. Without those factors aligning, the token could remain below its previous peak for an extended period.

What are the biggest risks for SLX? The largest risks include vesting-related sell pressure, the protocol’s limited operating history, heavy dependence on Solana, and overall crypto market weakness. Because SLX is a relatively small-cap asset, it can experience much larger swings than established cryptocurrencies, making volatility an important consideration.

Why does total value locked matter? Total value locked measures how much capital users have committed to the protocol. Rising total value locked suggests growing adoption and confidence, while falling total value locked can indicate users are withdrawing funds or incentives are no longer attracting capital. For Solstice, it is one of the most important indicators of whether the protocol is building lasting value.

Is SLX a long-term investment or a short-term trade? It can be either, depending on the strategy. Short-term traders generally focus on exchange flows, unlock schedules, volume, and technical levels such as the $0.20 support. Longer-term investors are betting on Solstice becoming important infrastructure within the Solana ecosystem through sustained growth in total value locked, USX adoption, and institutional-style yield products.

What levels should traders watch? Support around $0.20 remains the key downside level. Holding above it keeps the recovery structure alive, while losing it could send the token back toward launch-era prices. On the upside, reclaiming the low-$0.30 range would improve momentum, with the all-time high near $0.47 remaining the major resistance level.

What could drive SLX higher? The strongest catalysts would be continued growth in total value locked, broader adoption of the USX stablecoin, easing vesting pressure, stronger activity across the Solana ecosystem, and improving macro conditions that bring capital back into higher-risk crypto assets.

Disclaimer: This article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency prices are highly volatile, and forecasts are speculative rather than guaranteed. Nothing in this article should be considered a recommendation to buy or sell any asset. Always conduct your own research and consult a qualified financial professional before making investment decisions. Information is accurate as of July 2, 2026, and may change.

Crypto markets have had plenty to digest today, and this development adds another layer to the picture. Solana Hits Record $3.4 Billion in Real-World Asset (RWA) Expansion gives NewsBTC readers a clean angle on Solana at a point where the market is trying to separate durable signals from short-lived noise.

According to the source material reviewed for this report, the story turns on a few concrete details rather than vague sentiment. That matters because crypto headlines can move quickly, but the pieces that tend to last are the ones backed by filings, official releases, data dashboards, or protocol-level records.

TL;DR

Solana-based real-world asset (RWA) TVL has reached a record $3.4 billion. The growth is accompanied by an expansion in on-chain stablecoin supply, which has climbed past $16 billion. These metrics reflect rising developer and institutional demand for Solana's low latency settlement layer. What Changed The immediate relevance is that this development fits into one of the market’s main themes for the day: institutional positioning, network usage, regulatory pressure, protocol development, or asset-specific rotation. In this case, the key topic is Solana, which is why it deserves a dedicated read rather than being buried inside a broader market recap.

For traders, the useful part is not simply that the headline exists. It is the way the facts line up with the current market backdrop. When official sources, market data, or protocol records show a fresh shift, readers get a better sense of whether the move is just a one-day reaction or part of something more structural.

Why It Stands Out The core source for this story is defillama.com with supporting data from defillama.com. That source trail is important because the final article should not rely on discovery-only media links or second-hand summaries.

Solana-based real-world asset (RWA) TVL has reached a record $3.4 billion.

The growth is accompanied by an expansion in on-chain stablecoin supply, which has climbed past $16 billion.

These metrics reflect rising developer and institutional demand for Solana's low latency settlement layer.

The numerical claims in the pack were tied back to specific source material before writing. '$3.4 billion' sourced from DeFiLlama Solana RWA TVL dashboard (July 2, 2026); '$16 billion' sourced from DeFiLlama Solana Stablecoins supply dashboard (July 2, 2026)

What Comes Next The caution is just as important as the headline. Do not count speculative memecoins as part of the RWA calculation.

That means the cleaner read is to treat this as a confirmed development with a defined scope, not as proof of a guaranteed price move or a sweeping market shift. In crypto, the difference matters. A verified data point can strengthen a thesis, but it does not remove execution risk, liquidity risk, regulatory uncertainty, or the possibility that traders fade the initial reaction.

For now, the story gives the market another piece of evidence to weigh. If follow-up filings, dashboard updates, protocol records, or official statements confirm further momentum, the angle can develop into something larger. If not, it still stands as a useful snapshot of where activity is concentrating today.

This report is based on information from defillama.com and defillama.com.

This article was written by the News Desk and edited by Samuel Rae.

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.

This site is protected by reCAPTCHA.

Table of contents

When a company lists on the New York Stock Exchange and simultaneously puts its own equity on-chain, it’s making more than a technological statement. Securitize, which began trading on the NYSE on July 2, tokenized $295 million of its Class A common stock on Solana and Avalanche at launch. As the original report noted, it is the largest issuer-sponsored tokenized stock ever launched. The move draws a clear line against third-party platforms that mint synthetic equity tokens without the issuer’s blessing.

The scale matters. A $295 million issuance dwarfs previous tokenized stock experiments. Securitize isn’t a startup dipping a toe; it’s a regulated transfer agent and now a public company. By issuing its own shares as digital assets on two competing smart contract platforms, Securitize signals that companies can control their tokenized equity rails instead of relying on external token issuers that sometimes operate in regulatory gray zones.

This shift arrives as the broader tokenization of real-world assets accelerates. In the past week alone, the RWA market crossed $20 billion on-chain, while Bullish acquired Equiniti for $4.2 billion and Ondo settled the first live tokenized Treasury trade with JPMorgan. Securitize’s self-issuance fits that pattern of established firms moving from experimentation to live capital markets infrastructure.

Two Chains, One Point Choosing both Solana and Avalanche rather than a single chain avoids platform risk and shows the company is not betting on one ecosystem. Solana’s high throughput and low latency, paired with Avalanche’s subnet architecture and institutional partnerships, offer complementary trade-offs. Both chains rank near the top in recent developer activity, which is critical for long-term security and maintenance of tokenized asset contracts.

The dual issuance also makes life harder for a rival tokenized stock platform. If a company can mint its own shares natively on multiple chains, the value proposition of third-party synthetic tokens weakens. Those platforms often rely on oracle-based price pegs and custody arrangements that introduce additional risk layers. An issuer-controlled model, with direct settlement and transfer agent oversight, avoids that complexity.

Regulatory Context Looms Tokenized equity sits at the intersection of securities law and blockchain compliance. Securitize is a registered transfer agent, so its tokenized stock is designed to stay within regulatory boundaries. But the broader landscape remains unsettled. A major crypto bill is moving through the U.S. Senate, with banks pushing for last-minute changes that could alter the regulatory treatment of digital assets. How tokenized securities are classified under future rules will determine whether issuer-led models like Securitize gain an edge over less compliant alternatives.

For now, the NYSE listing provides public market credibility while the on-chain shares offer 24/7 transferability and programmability. It’s a hybrid that could become a blueprint. If more publicly traded companies follow Securitize’s example, third-party tokenized stock platforms may find themselves squeezed between regulators and issuers who prefer to own the entire vertical stack.

What Remains Uncertain Liquidity is the open question. Tokenized shares on Solana and Avalanche will need secondary market infrastructure to attract holders beyond early adopters. Without deep order books or widespread integration with broker-dealers, the tokens could remain a symbolic milestone rather than a liquid alternative to exchange-traded shares. Securitize has not yet detailed which venues will support trading of the tokenized stock.

Interoperability across chains also introduces challenges in tracking ownership and maintaining corporate actions. While the dual-chain approach broadens access, it splits liquidity and could create discrepancies in shareholder communications. The market will watch whether asset managers and institutional investors actually demand tokenized shares instead of simply holding the NYSE-listed version.

What Securitize has done is plant a flag. It turned its own equity into a live case study. The outcome will tell the market whether issuer-sponsored tokenized stock can scale beyond a single well-resourced company.

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.

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.

This site is protected by reCAPTCHA.

Luka Modric just became only the fourth player in history to earn 200 international caps, reaching the milestone on June 23, 2026, during Croatia’s 1-0 win over Panama at the FIFA World Cup. At 40 years old, playing in his fifth World Cup, the midfielder is writing the final chapter of one of the most decorated international careers ever.

Modric was appointed as the global brand ambassador for CoinW, a crypto asset trading platform, back on April 9, 2026. He also launched a Solana-based meme token, $MODRIC, which reached a market cap of roughly $100K by early June 2026.

A World Cup career for the ages At 40 years and 291 days old, he became the oldest player to provide an assist in World Cup history during Croatia’s match against Ghana on June 27. He was selected for the Croatian squad on May 18, 2026. He has captained Croatia since 2016 and led the team to consecutive World Cup runner-up finishes in 2018 and 2022.

Advertisement

Modric has appeared in every major tournament Croatia qualified for since his debut in 2006. His contract with AC Milan is also expiring, though no official announcement has been made regarding his future in the sport.

The crypto play: CoinW and $MODRIC His role as CoinW’s global brand ambassador represents a strategic celebrity partnership. CoinW gets access to Modric’s global fanbase; Modric gets a foothold in the crypto industry.

The $MODRIC token was launched on Solana around October 2025 and reached a market cap of approximately $100K by early June 2026. By crypto standards, a $100K market cap is small — meme coins regularly surge into the hundreds of millions.

What this means for investors For CoinW specifically, the partnership could drive user acquisition in European markets. Modric’s ambassadorship combined with the $MODRIC token launch creates multiple touchpoints between his personal brand and the blockchain ecosystem.

The $MODRIC token carries risks tied to Modric’s public relevance. A retirement announcement could either spike interest temporarily or drain it permanently.

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

 | 

PayPal said Thursday (July 2) that it has secured a seat at the table to influence the future of payments in Europe by joining the European Payments Council (EPC).

EPC brings together organizations that are involved with the rules, standards and infrastructure underpinning European payments. The council manages the rules for payment systems used across the Single Euro Payments Area (SEPA) that spans 41 European countries, PayPal said in a Thursday press release.

PayPal brings to the organization the expertise and perspective the company has gained as a regulated European bank and a global payments leader serving more than 430 million active accounts around the world, according to the release.

The EPC welcomed PayPal as one of its newest members in a June 24 post on X. The organization said in another post on X: “PayPal joins as a global payments leader, combining scale, advanced fraud prevention, and strong consumer trust to deliver seamless experiences and higher conversion for merchants worldwide.”

Sean Byrne, CEO of PayPal Europe, said in an interview with the EPC that was published Wednesday (July 1) that the payments market is competitive and rapidly evolving, with AI-native challengers and the rise of agentic commerce being among the latest examples.

“In the current European context, PayPal is well-positioned to be the wallet and commerce layer consumers reach for, regardless of the underlying rail,” Byrne said.

As a member of the EPC, PayPal aims to contribute to the organization’s efforts around the continued evolution of SEPA frameworks, initiatives focused on fraud prevention and risk management, further development of instant payments, and open collaboration with industry stakeholders across Europe to address challenges and opportunities in payments, Byrne said.

Byrne said that two shifts that stand out in the payments landscape are interoperability, because consumers expect to be able to pay anyone, anywhere, and AI, because payment providers will increasingly be involved in purchasing journeys that begin inside AI-powered interfaces.

“We look forward to collaborating with stakeholders across the European payments ecosystem and playing a meaningful role in shaping, strengthening and advancing the future of payments in Europe,” Byrne said in the interview.