Track market-moving stories before they get noisy

Most clinical-stage biotechs are small-cap companies. That makes sense. Not only can it take years -- sometimes over a decade -- to develop novel medicines, but it is also a very risky endeavor. Companies that don't have a single product on the market and generate little to no revenue are very risky. However, several clinical-stage drugmakers have impressive market values compared to their peers. Take Revolution Medicines (RVMD 0.04%), a biotech focused on developing cancer therapies. Its current market cap is about $40 billion. That may seem absurd, but there is a good reason Revolution Medicines is worth what it is.

Image source: Getty Images.

Revolution's enormous market potential Cancer is one of the leading causes of death, and there are still many forms of the disease for which there is a need for new treatment options. Even within market niches with plenty of options, there is always room for improvement. Given all that, it's not surprising that oncology is by far the largest area in the pharmaceutical industry in terms of annual sales. Medicines that dominate the cancer market make billions, sometimes tens of billions, in revenue every year. Revolution Medicines is looking to tap into this large opportunity. It isn't the only one: Many smaller drugmakers are actively developing cancer drugs. The difference is that Revolution Medicines' leading candidates look incredibly promising.

Consider the company's daraxonrasib, which is being developed to treat pancreatic cancer and lung cancer. Recent clinical trial results highlight why the market is valuing Revolution Medicines so highly. In a phase 3 study in previously treated patients with metastatic pancreatic cancer, where daraxonrasib was pitted against the current standard of care, cytotoxic chemotherapy, the medicine posted a median overall survival rate of 13.2 months, versus 6.7 months for those who received chemotherapy. Daraxonrasib also showed a reasonable safety profile throughout the study.

This trial provided strong evidence that daraxonrasib could become a new standard of care in metastatic pancreatic cancer. And, according to some analysts, this could be an opportunity worth over $10 billion. We haven't even factored in other potential indications for daraxonrasib yet, including non-small cell lung cancer (NSCLC), one of the leading causes of cancer death. This could be an even larger -- albeit more competitive -- area for Revolution Medicines to break into with its leading candidate. Further, the company boasts other promising pipeline products. Revolution Medicines is developing zoldonrasib across pancreatic cancer and NSCLC. Zoldonrasib has already posted solid results in clinical trials.

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Is it too late to buy the stock? Revolution Medicines' secret lies in its pioneering work in a new class of medicines, RAS(ON) inhibitors, that aim to treat RAS-addicted cancers, which account for 30% of new diagnoses, according to the company. They depend heavily on a broken "growth switch" in cells (the RAS protein) being stuck on, so they keep growing and dividing uncontrollably. While therapies for this category of cancers existed, they typically did not address the root driver of the diseases. Revolution Medicines' approach does that, and now, the company could dominate this area for the next decade or so and reap immense financial benefits in the process.

What's more, with recent phase 3 clinical trial results, Revolution Medicines should launch daraxonrasib within a year, and the medicine promises to be a smashing success. However, Revolution Medicines has already soared by about 409% over the past year. And although its market cap isn't as absurd as some might think, given its status as a clinical-stage biotech, it is still quite high. Even with a strong launch trajectory for daraxonrasib, it will take some time for Revolution Medicines' sales to reach levels that justify its current valuation. And in the meantime, the company still faces the risk of clinical or regulatory setbacks that could sink its share price. So, Revolution Medicines' shares look too expensive at current levels, and investors should probably wait for a pullback before initiating a position.

NEW YORK, July 01, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of FS KKR Capital Corp. (NYSE: FSK) between May 8, 2024 and February 25, 2026, inclusive (the “Class Period”), of the important July 6, 2026 lead plaintiff deadline.

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

WHAT TO DO NEXT: To join the FS KKR Capital class action, go to https://rosenlegal.com/submit-form/?case_id=64089 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 6, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) FS KKR Capital overstated the effectiveness of its portfolio restructuring efforts for its nonaccrual companies; (2) FS KKR Capital overstated the valuation of its portfolio investments and/or overstated the effectiveness of FS KKR Capital’s portfolio valuation process; (3) FS KKR Capital overstated the durability of its quarterly distribution strategy; and (4) as a result of the foregoing, defendants’ positive statements about FS KKR Capital’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the FS KKR Capital class action, go to https://rosenlegal.com/submit-form/?case_id=64089 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

Contact Information:

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

July 01, 2026 16:37 ET  | Source: Viper Energy, Inc.

MIDLAND, Texas, July 01, 2026 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced that Viper has completed its previously announced acquisition of all of the equity interests of Riverbend Oil & Gas IX, L.L.C., an entity owning certain mineral and royalty interests, from Riverbend Oil & Gas IX (AIV), L.L.C. and ROG IX, L.L.C. (such acquisition, the “Riverbend Acquisition”) in exchange for $337 million in cash and approximately 3.7 million shares of Viper’s Class A common stock, par value $0.000001 per share, subject to customary post-closing adjustments. The cash portion of the Riverbend Acquisition was funded through a combination of cash on hand and borrowings under the Company’s credit facility.

About Viper Energy, Inc.

Viper is a corporation formed by Diamondback to own, acquire and exploit oil and natural gas properties in North America, with a focus on owning and acquiring mineral and royalty interests in oil-weighted basins, primarily the Permian Basin. For more information, please visit www.viperenergy.com.

About Diamondback Energy, Inc.

Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves primarily in the Permian Basin in West Texas. For more information, please visit www.diamondbackenergy.com.

Forward-Looking Statements

This communication includes forward-looking statements within the meaning of the federal securities laws, which involve certain risks, uncertainties and assumptions that could cause the results to differ materially from such statements. All statements, other than historical facts, that address activities that Viper assumes, plans, expects, believes, intends or anticipates (and other similar expressions) will, should or may occur in the future, including the anticipated benefits of the Riverbend Acquisition, Viper’s strategy, future operations, financial position, estimated revenues, projected costs, prospects, plans and objectives of management, are forward-looking statements. When used herein, the words “may,” “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project” and similar expressions and the negative of such words are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.

Factors that could cause the outcomes to differ materially include (but are not limited to): Viper’s ability to realize the expected benefits of the Riverbend Acquisition in a timely manner, or at all; changes in supply and demand levels for oil, natural gas and natural gas liquids and the resulting impact on commodity prices; developmental activity by other operators; and those risks described in Viper’s periodic filings with the U.S. Securities and Exchange Commission (“SEC”), including in Item 1A of Viper’s Annual Report on Form 10-K for the year ended December 31, 2025, subsequent Forms 10-Q and 8-K and other filings Viper makes with the SEC, which can be obtained free of charge on the SEC’s website at http://www.sec.gov and Viper’s website at www.viperenergy.com/investors/overview.

In light of these factors, the events anticipated by Viper’s forward-looking statements may not occur at the time anticipated or at all. Viper cannot predict all risks, nor can it assess the impact of all factors on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those anticipated by any forward-looking statements it may make. Accordingly, you should not place undue reliance on any forward-looking statements. All forward-looking statements speak only as of the date of this communication or, if earlier, as of the date they were made. Viper does not intend to, and disclaims any obligation to, update or revise any forward-looking statements unless required by applicable law.

Investor Contact

Viper Energy:
Chip Seale
+1 432.247.6218
[email protected]

Source: Viper Energy, Inc.; Diamondback Energy, Inc.

Uniswap v2, v3, v4, and UniswapX are live on Robinhood Chain, a Layer 2 built by Robinhood Crypto. Uniswap serves as the primary public AMM on Robinhood Chain with support on the Uniswap Web App, Wallet, and API available from day one. The uniswap-trading-tools AI plugin, which will include three new skills, is coming soon.

Robinhood Chain on Uniswap Robinhood and Uniswap share a mission to democratize finance for all. Robinhood opened access to investing from inside traditional finance while Uniswap pioneered open, self-custodial markets in DeFi, where anyone can swap, provide liquidity, and own assets without an intermediary. On Robinhood Chain, those two paths converge with Uniswap serving as the primary public AMM.

Anyone can now swap, provide liquidity, buy stock tokens, program AI agents, and explore Robinhood Chain with Uniswap. It’s the same trusted set of products millions of users already rely on, now available on Robinhood Chain.

Stock Tokens From day one, Uniswap supports Robinhood Stock Tokens on the Web App, Wallet, and API via UniswapX, Uniswap’s intent based trading infrastructure, and the AMM. Stock Tokens are fully transferrable on Robinhood Chain, offering users around the world a chance to trade and own Stock Tokens 24/7, unlocking new DeFi opportunities outside the constraints of traditional finance.

Developers and Agents For developers, Uniswap API makes it easy to add trading for crypto and real-world assets on Robinhood Chain, directly into applications and bots. To add support:

Go to the developer dashboard to create an account and get an API key Follow the Quickstart Guide to integrate your first trading experience, setting the chain ID 4663 for Robinhood Chain. To help builders move faster, Uniswap Labs has also built an open-source AI skill library that teaches any coding agent (Claude Code, Cursor, or your own custom agent) how to integrate Uniswap:

npx skills add Uniswap/uniswap-ai

What you can build on Robinhood Chain

Integrate trading (swap-integration): Generate code to quote and execute swaps via the Uniswap API, Universal Router, or direct contract calls. Point it at chain 4663; it handles approvals, calldata, and slippage. Build with the v4 SDK (v4-sdk-integration): Create trading tools specific to building swap and liquidity UX. Discover and plan (swap-planner, liquidity-planner): Research Robinhood Chain assets and pools and surface trade or LP options before anything executes. A liquidity layer for tokenized value As tokenized value moves onchain, from equities to RWAs to stablecoins, it needs deep, reliable, accessible liquidity. Uniswap is a critical liquidity layer for these assets, now live on Robinhood Chain.

Swappers: explore tokens, swap, and provide liquidity Builders: add Robinhood Chain to your app using the API Agents: add uniswap-ai to integrate Uniswap

CNBC's “Closing Bell” team discusses recent market action, the AI trade and what investors should be watching going into the second half of 2026 with Richard Saperstein of Treasury Partners and Liz Thomas of SoFi.

TLDR Table of Contents

TLDRAVAX Holdings Decline and Balance Sheet PressureStock Collapse Follows AVAX Treasury StrategyOther AVAX Treasury Firms Show Similar DeclinesGet 3 Free Stock Ebooks Avalanche Treasury Corp told regulators it may not survive the year due to financial strain. The company cited “substantial doubt” about its ability to continue as a going concern. AVAX price declines led to major writedowns and over $26 million in quarterly losses. The firm’s AVAX holdings dropped to nearly half of their original purchase value. Shares collapsed over 90% within a month and now trade below $0.73. Avalanche Treasury Corp told regulators it may not survive the year after a steep decline in its finances. The company disclosed material losses and liquidity pressure linked to falling AVAX prices. It also warned that current conditions raise “substantial doubt” about its ability to continue operations.

AVAX Holdings Decline and Balance Sheet Pressure The company previously promoted a large AVAX treasury valued near one billion dollars during last year’s expansion phase. However, market conditions changed, and the value of its AVAX holdings dropped sharply over recent months. As a result, its market capitalization fell below thirty million dollars, reflecting severe investor concern.

Its operating unit reported losses exceeding twenty-six million dollars in one quarter due to AVAX writedowns. The firm bought AVAX for about two hundred sixty-five million dollars, yet the holdings fell to nearly one hundred twenty-three million dollars. This gap left the company holding assets worth far less than their original purchase cost.

AVAX prices declined forty-seven percent this year and nearly two-thirds over the past twelve months. Consequently, the treasury strategy weakened as asset values dropped and reduced the firm’s financial flexibility. The company stated that these conditions created ongoing uncertainty regarding its financial stability.

Stock Collapse Follows AVAX Treasury Strategy Avalanche Treasury Corp completed a merger with a blank check company and entered public markets with high expectations. However, investor sentiment turned negative as disclosures revealed risks tied to its AVAX exposure and financial position. The stock fell from above ten dollars to below two dollars within days of additional filings.

Shares continued to decline and traded below seventy-three cents, entering penny stock territory. In total, the stock lost more than ninety percent of its value within one month. This decline reflected market concern over the sustainability of its AVAX treasury model.

The company also pledged a large portion of its AVAX holdings as collateral for a loan agreement. It committed nearly seven point eight million AVAX tokens from a total of thirteen point eight million holdings. This move increased financial risk as falling prices could pressure collateral requirements.

Other AVAX Treasury Firms Show Similar Declines Other firms pursuing AVAX treasury strategies reported similar declines in value after initial expansion plans. AgriFORCE Growing Systems rebranded as AVAX One and announced a large capital raise to acquire more AVAX. The company aimed to build a significant AVAX treasury supported by strategic investors and advisors.

Despite those plans, its market value dropped sharply and now stands near forty-three million dollars. The firm’s shares declined sixty-eight percent this year and over ninety percent in the past year. These figures highlight the broader pressure affecting companies holding large AVAX reserves.

Data across the sector shows a consistent downward trend in treasury company valuations linked to AVAX exposure. Companies that accumulated AVAX during earlier market optimism now face reduced asset values and weaker investor confidence. This trend underscores the risks tied to concentrated digital asset treasury strategies.

Avalanche Treasury Corp told the SEC its ability to continue as a going concern is in doubt after its Nasdaq-listed stock lost 93% of its value in a month, with its AVAX position now worth less than half of what it paid.

Avalanche Treasury Corp, the largest publicly traded company holding AVAX as a corporate treasury asset, told regulators its ability to continue as a going concern is in doubt after its stock collapsed 93% over the past month.

The Nasdaq-listed company, ticker AVAT, disclosed the warning in a 10-Q filing with the SEC, stating that "substantial doubt about the Company's ability to continue as a going concern is not alleviated.” Shares traded above $10 at the start of June, closed at $1.85 on June 11 following its Nasdaq debut, and fell into penny-stock territory below $0.73 by June 29, wiping out 93% of their value in a month.

AVAT Price. Source: YahooAVAX Bet UnderwaterAVAT built its position by merging with blank-check company Mountain Lake Acquisition Corp in a deal that closed with its Nasdaq listing on June 11, part of a plan announced last October to build what the company called a $1 billion pile of AVAX tokens. The company paid roughly $265 million to acquire its AVAX, but the position was worth about $123 million by the end of March, more than half underwater. AVAX has lost 47% of its value year to date and traded near $6.72 on Wednesday, per CoinGecko.

The operating subsidiary lost more than $26 million in the first quarter, almost entirely a fair-value writedown on its AVAX holdings. AVAT has pledged roughly 7.8 million of its 13.8 million AVAX as collateral on a loan, leaving a smaller unencumbered buffer against further price declines. Its market capitalization has fallen to less than $30 million, according to Yahoo Finance.

Treasury Model Under StrainAVAT's collapse adds to a string of digital-asset treasury companies that have cratered since a wave of similar vehicles launched in 2025. AgriFORCE Growing Systems rebranded as AVAX One last September with plans to raise $550 million to buy more than $700 million of AVAX; its market value has since fallen to about $43 million, down 68% year to date.

The Defiant reported in June that even Strategy, the largest and longest-running Bitcoin treasury company, saw its enterprise mNAV drop below 1 for the first time, and covered StablecoinX's Nasdaq debut as the first public ENA treasury vehicle, part of the same corporate-treasury trend now facing pressure across multiple tokens.

Avalanche Foundation and Ava Labs, the core organization behind the Avalanche network, have made no public statement on AVAT's going-concern disclosure or its stock decline as of publication.

A Solana-based prediction market platform is launching, aiming to compete with market leaders Polymarket and Kalshi.

The new platform has been christened World — not to be confused with the Sam Altman-backed, human verification project which shares the same name.

According to a social media post, World will be available through the popular Phantom crypto wallet, and Chainlink will provide oracle infrastructure to enable "immediate resolutions and instant payouts."

"Prediction markets are one of the most powerful applications you can build on a high-performance blockchain," Solana Foundation's Head of Consumer Pedro Miranda said in an article shared on World's X account. "World is designed to show what Solana makes possible: real-time markets, onchain settlement, and a user experience that meets people where they are."

Of the two major players, Polymarket is the most crypto native, accepting various cryptocurrencies that it then converts into Circle's USDC stablecoin. Kalshi accepts USDC, Solana, and Bitcoin, then converts them to fiat USD.

Prediction markets have been considered a major growth area as Kalshi and Polymarket spend heavily on advertising campaigns while also inking high-profile corporate partnerships. Kalshi is seeking to raise more capital at a $40 billion valuation.

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"By launching inside Phantom, the most widely used wallet in Solana, World is immediately accessible to tens of millions of active users without requiring a separate app download or additional wallet setup," according to the article World shared Wednesday.

Coinbase, Robinhood, and DraftKings are all also involved in offering clients access to prediction markets where users can wager on sports, politics, economic events, and even the weather.

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.

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.

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June 2026 marked another milestone month for tokenization across the Solana ecosystem. Trading activity accelerated to record levels as tokenized equities attracted growing participation from both institutional and retail investors. Financial institutions continued launching regulated investment products on Solana, while tokenized funds, commodities, and real-world assets expanded into new markets.

The month also highlighted the increasing integration between traditional finance and blockchain infrastructure. From tokenized stocks and funds to museum-grade dinosaur fossils, June demonstrated the widening range of assets finding their way onchain.

Here is everything you might have missed:

June 10: Jupiter Adds Leveraged Tokenized Equities Jupiter Exchange integrated SHIFT's leveraged tokenized equities, bringing Series Tokens to Solana.

The products track leveraged stock ETFs, while Jupiter introduced a dedicated screener displaying price, trading volume, holder count, and discount to mark value, making these products easier for users to monitor.

June 12: SpaceX Trading Arrives Onchain Backpack Securities launched tokenized SpaceX stock under the ticker $SPCX on Solana on the same day SpaceX became available in traditional financial markets.

The tokenized asset generated $51 million in trading volume during its first 24 hours, making it one of the strongest launches for a tokenized equity on the network.

The same day, Securitize launched STAC, its tokenized AAA CLO fund, on Solana. The fund is backed by Bank of New York Mellon as custodian and sub-adviser, while Ethena Labs announced plans to allocate $250 million to the product.

June 16: SpaceX Volume Surpasses $100 Million Demand for tokenized SpaceX shares continued to accelerate. 24-hour trading volume for $SPCX exceeded $100 million for the first time, underscoring growing investor interest in tokenized equity exposure.

June 17: Institutional Listings Continue to Expand Ondo Finance announced the addition of 173 new tokenized stocks and ETFs, expanding its catalog to more than 430 traditional financial assets.

On the same day, Onpharma launched a security token offering on Solana with First Block and Crito Capital.

Trading activity also remained strong. Solana recorded $116 million in tokenized equities volume, accounting for approximately 94% of all tokenized stock trading volume across blockchain networks.

$SPCX led activity with nearly $90 million in trading volume, while Backpack accounted for approximately 95% of that trading.

June 21: Collector Crypt Reaches Revenue Milestone Collector Crypt generated more than $5 million in weekly revenue for the first time.

The milestone pushed the platform's cumulative lifetime revenue beyond $68 million, highlighting continued demand for tokenized collectibles within Solana's growing real-world asset ecosystem.

June 22: UK Regulated Fund Launches Onchain $BAGEY, the first publicly available fully native UK-regulated tokenized fund built with BNY, launched on Solana.

The launch represents another example of regulated investment products adopting blockchain infrastructure for fund administration.

June 23: Tokenized Funds and Stocks Reach New Milestones Allfunds, one of the world's largest fund distribution networks, expanded its tokenized funds to Solana. The integration connects more than 3,300 financial firms and nearly €1.8 trillion in administered assets to onchain markets, broadening institutional access to tokenized investment products.

The same day, total tokenized stock transfer volume on Solana surpassed $10 billion, underscoring the rapid growth of tokenized securities activity across the network.

June 24: Tokenized Assets Reach New Highs June 24 produced one of the busiest days of the month for tokenization on Solana. Tokenized assets accounted for approximately 19% of all daily DEX volume on Solana, representing a new all-time high of roughly $569.19 million in trading activity. For the day, tokenized assets generated more trading volume than memecoins.

Tokenized stock trading volume also reached a record $683 million in 24-hour trading volume. Trading activity centered on tokenized shares of SpaceX and Micron, which ranked among the most actively traded assets. Backpack Securities and Sunrise continued to expand the market by listing tokenized SanDisk shares under the ticker $SNDK that same day.

Outside traditional financial assets, JurassicFi announced plans to tokenize Deaton, a museum-grade Triceratops prorsus skull with approximately 60-65% bone completeness and all 3 original horns intact.

June 25: Institutional Adoption Expands Internationally Paxos launched its tokenized gold asset, PAXG, on Solana through Sunrise. The launch marks the first expansion of PAXG beyond Ethereum.

The same day, the Solana ETF SOLZ_KZ began trading on the Kazakhstan Stock Exchange, providing qualified investors in Kazakhstan with regulated exposure to Solana.

Kazakhstan Exchange also outlined plans to enable domestic companies to issue ETFs and tokenize assets using Solana infrastructure, reflecting growing international interest in blockchain-based financial products.

June 28: Raydium Surpasses $3 Billion Tokenized Equities Volume Raydium surpassed $3 billion in cumulative tokenized equities trading volume after crossing the $2 billion milestone earlier in the month, on June 6.

June 29: Tokenized Equities on Solana Records Its Largest Week Ever Solana achieved its largest week on record for tokenized equities. Weekly trading volume reached approximately $1.36 billion while the network captured 96% of all tokenized stock trading volume across blockchain ecosystems.

The achievement also extended Solana's lead over all Layer 1 and Layer 2 blockchains to 56 consecutive weeks, reinforcing its position as the leading network for tokenized equities.

Internet Capital Markets Continue Rapid Expansion Last week, SolanaFloor's The Big Picture podcast went live on X, with Seraphim from the Solana Foundation discussing stocks on Solana, how to solve liquidity issues, what comes next for digital asset tokens, and whether Solana perps can compete. He noted that tokenized equity trading volumes could consistently outpace memecoin trading volumes, driven by growing demand for stocks on Solana. “We have to enable stuff that allows you to trade assets people want to trade, and that's stocks at the moment,” he added.

Open Standard also launched $OUSD, a new stablecoin backed by over 140 partners including Visa, Stripe, Mastercard, Coinbase and BlackRock. The protocol promises to distribute earnings from reserves among partners alongside fee-free redemption and minting.

Throughout the month, Solana maintained its leadership in tokenized securities. Record trading volumes, expanding institutional participation, and continued product launches highlighted the network's growing role within global tokenized markets.

“Head of Taking Risk” at Solana Foundation on The Big Picture

World launches as a fully onchain prediction market on the Solana blockchain, letting users bet on Bitcoin prices and the 2026 FIFA World Cup directly from Phantom.

A new prediction market just went live on Solana and it wants to change how people bet on world events.

World launched on July 1, 2026, as a fully onchain prediction market. A prediction market is a platform where you bet real money on whether an event will occur or not and win if you predict it right.

World is available inside the Phantom wallet and at world.xyz.

What you can bet onAt launch, World offers two types of markets. The first covers crypto prices, simple bets on whether Bitcoin goes up or down. The second covers the 2026 FIFA Men's World Cup. More markets across sports, politics, and global events are planned in the weeks ahead.

How it worksMost prediction markets move your money off the blockchain into a separate system. World keeps everything onchain. Your funds stay in your Solana wallet until you choose to enter a market. Every bet, every payout, and every settlement happens directly on Solana, no middlemen, no waiting.

"World is designed to show what Solana makes possible: real-time markets, onchain settlement, and a user experience that meets people where they are," said Solana Foundation's consumer head Pedro Miranda.

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How to access itWorld is built directly into Phantom, Solana's most widely used wallet with more than 20 million users. There is no separate app to download.

Open Phantom, go to prediction markets, and start trading in seconds. Winnings are paid out automatically in $CASH, a stablecoin that runs natively on Solana.

Solana processes thousands of transactions per second at minimal cost, and for a prediction market, that is not a nice-to-have. Slow settlement and high fees do not just frustrate users. They break the product entirely.

How World settles betsTraditional prediction markets rely on humans to manually confirm outcomes and close markets, a slow process that creates delays and uncertainty. 

World uses Chainlink, an industry-standard data service that feeds real-world information directly into blockchain applications, to resolve markets automatically the moment an outcome is confirmed.

"World's integration of Chainlink is a major milestone in prediction markets moving away from human-driven legacy solutions to advanced decentralized infrastructure that unlocks immediate market resolutions," said Johann Eid, chief business officer at Chainlink Labs.

The Phantom integration is the first of several distribution partnerships World plans to announce across fintech and crypto platforms throughout July.

Solana perpetuals exchange Drift Protocol has rebranded to Velocity DEX, with a private beta planned in the coming days as the platform rebuilds after a $295M April exploit.

Solana perpetuals exchange Drift Protocol has rebranded to Velocity DEX, the protocol's official X account announced on Wednesday. Solana's own account confirmed the switch shortly after, posting "FYI: @driftprotocol is now @VelocityDEX."

Velocity DEX said the new name reflects "a cleaner architecture, a stronger security foundation, and a clearer sense of what this platform is for," and that a private beta will go out to select partners and traders "in the coming days." The rebrand follows an April 1 exploit that drained roughly $295.4 million from Drift's vaults, an attack Mandiant attributed to a DPRK-affiliated threat actor as part of the token-based recovery framework Drift set up to repay affected users, backed by exchange revenue, a $127.5 million Tether commitment and up to $20 million from partners.

Crypto-native aggregator DegenerateNews flagged the rebrand alongside the exploit history hours after Velocity's own post went out. Elliptic had earlier put the exploit total at $286 million in its own tracing of the attack, a figure in the same range as Drift's own $295.4 million tally.

Under the planned relaunch, Drift's replacement will operate as a leaner, perpetuals-only venue settled in USDT instead of USDC, dropping ancillary products such as Isolated Markets and Amplify, according to the recovery plan The Defiant covered last month. The protocol is also removing the durable-nonce mechanism that attackers exploited to get Drift's Security Council to unknowingly pre-sign transactions, and shifting to a freshly deployed program with rotated keys.

Chainalysis found the attackers used Solana's durable-nonce feature to obtain pre-signed transactions from Security Council members after a months-long social-engineering campaign, a method Elliptic linked to infrastructure associated with past DPRK-attributed operations. Under Drift's recovery framework, affected wallets received transferable tokens representing $1 of verified loss each, redeemable once the recovery pool clears $5 million and funded through a mix of protocol revenue, the Tether commitment and partner contributions.

Mainnet deployment of the rebuilt exchange will require instruction-level audits, time-locked admin actions and review under Solana's STRIDE security program, per the recovery plan. Velocity DEX gave no exact date for the public relaunch beyond the coming private beta, though Drift's recovery plan had targeted a Q2 2026 return to full service.

The platform, unmasked in late June after two-plus years as an anonymous "Trade Everything" teaser account, opens trading in Phantom's CASH stablecoin and leans on Chainlink oracles instead of human-run resolution.

World, a prediction market built on Solana, went live inside the Phantom wallet and at world.xyz on July 1, using Chainlink as its primary oracle infrastructure, according to the project's own X post.

The platform lets users trade event contracts on crypto prices and the 2026 FIFA World Cup, with sports, geopolitics and macroeconomic markets planned in the coming weeks.

World is non-custodial, funds move only when a user enters a market, and positions, settlement and redemptions occur onchain. Winning positions settle automatically in $CASH, Phantom's stablecoin, rather than requiring users to manually claim payouts.

Anonymous TeaserWorld's identity was a mystery for roughly two and a half years before this week's unveiling. The @world_xyz account had circulated on X since late 2023 with little more than a glowing globe graphic, cryptic posts and the tagline "Trade Everything," fueling speculation the project could be a meme coin, a trading app or broader Solana infrastructure.

The project's identity surfaced not through a product announcement but through a legal disclosure: a page on Phantom's site named "World Prediction Markets" as the non-custodial protocol powering the wallet's onchain prediction markets, providing order routing to Solana liquidity providers for positions opened on or after June 1, according to Phantom's disclosure page and help-center documentation. The disclosure was first spotted and publicized on X in late June, per Solana Compass, ahead of this week's public launch.

World's team has not been publicly identified, and the project has no announced token. No funding round or investor backing has been disclosed. World replaces a prior arrangement in which Phantom's in-app prediction markets ran on Kalshi, the CFTC-regulated exchange, via order-routing infrastructure that launched inside Phantom in December 2025.

Chainlink Steps In for ResolutionChainlink supplies World with market data and resolution infrastructure through Chainlink Data Streams and the Chainlink Runtime Environment (CRE). CRE, which Chainlink launched in November 2025, is an orchestration layer letting developers deploy workflows executed across decentralized oracle networks, extending consensus-based verification to off-chain computation and data delivery.

Other event-contract platforms have moved the same direction: Polymarket integrated Chainlink oracles in September 2025 to automate settlement of short-duration crypto price markets, and Aave adopted Chainlink Automation and CRE to automate governance operations across 18 chains. Chainlink separately struck an oracle deal with ADI Predictstreet, an official FIFA World Cup 2026 partner running its own prediction markets.

Pedro Miranda, head of consumer at the Solana Foundation, was quoted in the announcement: "Prediction markets are one of the most powerful applications you can build on a high-performance blockchain. World is designed to show what Solana makes possible: real-time markets, onchain settlement, and a user experience that meets people where they are."

A Fast-Growing MarketWorld enters a sector that has expanded rapidly over the past year. Kalshi raised $1 billion in May at a $22 billion valuation and passed $100 billion in lifetime trading volume in June, with single-day volume topping $1 billion for the first time during a stretch of overlapping sports events. Polymarket took a $2 billion strategic investment from Intercontinental Exchange in October 2025 at roughly an $8-9 billion valuation and relaunched for U.S. users after acquiring the CFTC-licensed exchange and clearinghouse QCX for $112 million, a deal that closed after the Department of Justice and the CFTC dropped a probe into the platform.

World is not the only Solana-native entrant. Jupiter unveiled a competing "Forecast" beta on June 29 offering 15-minute bitcoin price markets, per its own announcement. Other Solana-based prediction market efforts include Drift Protocol's BET product and Hxro Network's Parimutuel Protocol.

Regulatory scrutiny of the sector continues. The CFTC, now chaired by Michael Selig, has moved to expand event-contract access rather than restrict it, publishing a formal rulemaking notice on prediction markets in June, according to the CFTC. Kalshi has continued to face state-level legal challenges over sports-related contracts even as a federal appeals court ruled in April that federal commodities law preempts state gaming law in at least one case, per Skadden's summary of the Third Circuit decision.

Onchain BackdropWorld's launch comes as trading activity on Solana has picked up after a volatile year. The network's decentralized exchange volume totaled roughly $67.3 billion over the trailing 30 days, up about 58% from the prior 30-day period, according to DefiLlama. Solana's total value locked in DeFi stood at roughly $4.85 billion, down from about $8.68 billion a year earlier, per DefiLlama.

CASH, the stablecoin World uses for settlement, launched in September 2025 as the first stablecoin issued on Bridge's Open Issuance platform. Its circulating supply has grown to about $121 million, according to DefiLlama — a fraction of USDC's roughly $73.9 billion and USDT's roughly $184.9 billion, but up from about $100 million in December, as The Defiant previously reported.

SOL traded at $76.91, up 5.6% over 24 hours and 11.5% over the past week, while LINK traded at $7.38, up 3.1% over 24 hours but down roughly 16.8% over the past month, according to CoinGecko.

Bitcoin reclaimed the $60,000 level, lifting major cryptocurrencies higher suggesting a potential long-term buying opportunity may be emerging despite lingering downside risks.

Notable Statistics:

Coinglass data shows 97,328 traders were liquidated in the past 24 hours for $398.51 million.        SoSoValue data shows net outflows of $222.6 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net outflows of $27.6 million. In the past 24 hours, top gainers include MemeCore, Jupiter and Venice Token. Notable Developments:

Trader Notes:

Crypto chart analyst Ali Martinez says the monthly charts for Bitcoin, Ethereum, XRP and Solana are flashing Tom DeMark (TD) Sequential buy signals, a technical indicator often associated with trend exhaustion and potential reversals.

This suggests selling pressure may be fading and could mark the formation of a long-term market bottom.

Trader Jelle explained that historically Bitcoin bear markets have tended to bottom roughly a year after they begin, despite sentiment often feeling most pessimistic near the end of the cycle.

If the current cycle follows a similar timeline, the market could be about 75% through the downturn, indicating that the final phase of the bear market may be approaching. However, analysts caution that history does not guarantee the same outcome.

Trader KillaXBT expects short-term relief for Bitcoin despite maintaining a bearish longer-term outlook.

After sweeping major liquidation levels, BTC could stage a temporary rally before potentially making one final move toward the low $50,000 range.

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World, the enigma that has captivated the attention of the Solana ecosystem for several weeks, has finally been revealed as what is expected to be a highly-competitive, Solana-native prediction market.

Powered by Chainlink oracles, World prediction markets have been rolled out to Phantom users directly within the wallet, using $CASH as its settlement stablecoin.

The launch gives Solana a genuine contender in one of crypto’s most electric sectors, with prediction market giants like Kalshi and Polymarket currently dominating market share.

World Revealed as Solana’s Newest Prediction Market After sparking speculative discussions across Solana regarding its origins and intentions, World has finally been unveiled as a Solana-native prediction market. World is currently live in Phantom, with initial markets capturing FIFA World Cup matches and crypto up-or-down price movements.

Where many prediction markets rely on centralized infrastructure, offchain engines, and obscure systems, World brings the entire events contract trading experience onchain. Liquidity and execution is fully onchain, giving traders the transparency and finality that only DeFi can provide.

“Prediction markets are one of the most powerful applications you can build on a high-performance blockchain. World is designed to show what Solana makes possible: real-time markets, onchain settlement, and a user experience that meets people where they are.” - Pedro Miranda, Solana Foundation Head of Consumer

World’s oracle and resolution data will be powered by Chainlink, a collaboration the venue argues will overcome the sluggish and uncertain resolution outcomes that have plagued existing prediction markets and frustrated traders throughout 2026.

“We’re excited to see the premier prediction market on Solana adopt Chainlink as its primary oracle infrastructure. World’s integration of Chainlink is a major milestone in the broader industry trend of leading prediction markets moving away from human-driven legacy oracle solutions, to advanced decentralized oracle infrastructure that unlocks immediate market resolutions and positions the space to scale to trillions in volume.” - Johann Eid Chainlink Labs Chief Business Officer

Initial Access Rolled Out to Phantom Users For eagle-eyed network participants, and those who are perennially online, World’s unveiling as a prediction market came as no huge surprise. Announced on June 29, Phantom listed World of its new World Cup prediction markets in the wallet’s disclaimers.

At launch, World is only accessible to Phantom users, with markets settled exclusively in its proprietary stablecoin, $CASH. World has teased future frontend integrations with other applications across both traditional fintech venues and the Solana’s flourishing DeFi economy. 

Meanwhile, World’s webapp is currently unavailable, with no timeline to launch other than crypto’s ubiquitous promise of “soon”.

Solana Joins Prediction Market Race in Earnest While consistently dominating spot trading and consumer app revenue across the industry, Solana has remained uncomfortably sidelined in two of the strongest crypto application verticals in the past 18 months: Perpetual futures and prediction markets.

Progress has been made on the perps front, with emerging venues like Phoenix promising to challenge the market leaders. Meanwhile, Solana’s prediction market sector remains well behind the Kalshi-Polymarket duopoly, who have dominated the sector since its inception.

World’s launch helps evolve Solana into one of the industry’s most active and diverse onchain economies, bringing the network once step closer to solidifying its position as crypto’s “everything exchange”. With World joining the fold, Solana finally has a competitive horse in the race, promising a fully onchain, composable prediction market venue capable of challenging the incumbents.

Read More on SolanaFloor European regulators love Backpack

Backpack Secures European Licensing Trifecta As Binance Winds Down EU Operations

Solana Foundation’s Seraphim Joins the Big Picture

On paper, Solana’s [SOL] July token unlock calendar couldn’t look more bearish. 

At the macro level, the market is already in a bear phase, with large-cap assets breaking below key support levels and kicking off Q3 with clear capitulation signals. Against that backdrop, Solana’s latest token unlock schedule couldn’t have arrived at a worse time, coming right after SOL closed June down more than 10%.

Fourteen Solana-based tokens will unlock in July, as the chart below shows. PUMP tops the list, with $123.65 million worth of tokens scheduled to enter circulation on the 12th of July, increasing its circulating supply by a massive 21.35%. Several other Solana ecosystem tokens will also unlock throughout the month, increasing near-term supply pressure.

Source: X Naturally, the question is: What does this mean for SOL?

Under normal circumstances, a wave of token unlocks is typically a bearish overhang. As more tokens enter circulation, the market generally expects higher sell-side pressure, which can weigh on both token prices and ecosystem sentiment. From a technical perspective, though, Solana is telling a different story.

Despite ending June down more than 10%, the SOL/ETH pair climbed over 13% during the month, showing that Solana continued to outperform most large-cap assets on a relative basis. If anything, that relative strength suggests the market is already absorbing the expected supply overhang, potentially allowing SOL to diverge from the broader market once again.

Can Solana’s July token unlock fuel a SOL divergence?  Despite the broader market weakness, activity across the Solana ecosystem continues to hold up. 

One of the clearest examples is Pump.fun. The memecoin launchpad recently overtook both Hyperliquid and Polymarket in 24-hour revenue, underscoring the level of user activity still flowing through the Solana ecosystem. This matters because healthy on-chain activity can help absorb incoming token supply. 

The chart below reinforces that view. Solana continues to process around 1,200 transactions per second (TPS), averages roughly 100 million daily transactions, attracts 4.3 million unique Daily Active Users, and has generated more than $100 million in transaction fees year to date. 

Source: Artemis Against this backdrop, upcoming token unlocks shift the narrative.

Instead of being viewed in isolation as a supply shock, they sit alongside a network that is clearly still attracting and retaining users at scale. In turn, that demand helps reinforce relative strength in SOL.

As a result, the odds of Solana continuing to outperform other altcoins into July look increasingly likely. With liquidity expanding through additional USDC issuance on Solana and on-chain activity remaining elevated, the market appears better positioned to absorb incoming supply.

Final Summary Token unlocks add near-term supply pressure, but SOL’s relative strength suggests much of it may already be priced in. Strong on-chain activity and liquidity growth could help Solana absorb the new supply and keep outperforming.

Hernán Galíndez, Ecuador’s 39-year-old goalkeeper, announced his retirement from international football on July 1, 2026, moments after the team’s 2-0 loss to Mexico in the World Cup round of 32. Predictably, someone had already launched a Solana-based meme token loosely tied to his name.

The token has shown negligible market activity and carries no official endorsement from Galíndez, Ecuador’s football federation, or anyone with actual decision-making authority.

What actually happened on the pitch Ecuador’s World Cup campaign ended at Estadio Azteca, where Julián Quiñones scored at the 22nd minute and Raúl Jiménez doubled the lead at the 31st minute. The 2-0 deficit proved insurmountable.

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Head coach Sebastián Beccacece resigned immediately after the match.

Galíndez, visibly emotional in his post-match press conference, opened with a line that set the tone: “No voy a hablar de fútbol,” or “I’m not going to talk about football.” Instead, he thanked his wife for years of support while he was away on international duty, raising their children largely on her own. He followed with gratitude toward Ecuador’s fans for the warmth they’d shown him.

The goalkeeper had been Ecuador’s primary shot-stopper since 2021, accumulating 38 caps across two World Cups (2022 and 2026) and two Copa América tournaments (2021 and 2024). He currently plays club football for Huracán in Argentina.

The inevitable meme token, and why it doesn’t matter The token has no official connection to the player. It has no meaningful trading volume. It has attracted no serious investor interest.

Solana’s low transaction costs make it the preferred chain for these quick-launch tokens tied to trending topics. The vast majority go to zero. A small number generate short-lived trading frenzies. Almost none develop into projects with lasting value.

These tokens typically lack liquidity, have concentrated holder bases that can dump supply at any moment, and exist purely as vehicles for short-term speculation.

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

The World Wide Web is one of the most consequential technologies humans have ever built. Yet the people who designed it overlooked one thing: they built it for humans to use, and that is becoming a problem as automation scales.

The gap is most obvious in payments. Credit card forms, one-click checkout, and QR codes all assume a living person is at the screen, ready to authorize a transaction. Increasingly, that is not who is transacting. A growing machine-to-machine economy is taking shape, driven by autonomous protocols, decentralized applications, and software agents acting on people's behalf. These actors transact very differently from humans. They rarely hold a bank account, and they need to pay on demand only for what they consume, rather than committing to recurring subscriptions for every resource they touch.

Traditional payment rails cannot support high-frequency, fraction-of-a-cent transactions. They are too slow and too expensive, and the fees would often cost more than the value being transferred. Even blockchains, with their promise of low fees, are not efficient enough on their own to settle the smallest payments one by one.

The Graph ran into this problem early, and it had to solve it in production. The result is GraphTally, the trust-minimized payment system that lets The Graph Network settle high-frequency, sub-cent payments at scale. It is not a thought experiment. It has been the payment layer of a live decentralized network since early 2025.

Why The Graph Needed GraphTallyThe Graph is the indexing and query layer of web3, a decentralized protocol for indexing and querying blockchain data. Indexers form the backbone of The Graph Network: they organize blockchain data and serve it to the dapps, analysts, and increasingly the AI systems that query it.

Blockchains produce endless streams of data. Every time a dapp updates an asset price or reads a user's transaction history, it issues a query. Each query is worth only a fraction of a cent, but the most active Indexers serve hundreds of thousands of queries per day, and that number keeps climbing. Settling each one with its own blockchain transaction is infeasible. Even on a low-cost network, a simple transfer can cost several cents, so an Indexer serving 500,000+ queries a day could lose tens of thousands of dollars in fees alone. The Graph Network needed offchain payments with cheap onchain settlement.

GraphTally is that solution. Previously known as the Timeline Aggregation Protocol (or TAP), it is now integrated into the core protocol through Graph Horizon. It rests on a simple idea: keep a running tab offchain, and touch the blockchain only when it is efficient to settle.

How GraphTally WorksIn The Graph Network, payments flow in one direction, from a gateway (the Sender) to an Indexer (the Receiver). That one-way structure is what makes the system efficient.

Instead of transferring tokens for every query, a gateway attaches a cryptographically signed Receipt to each request. A Receipt is a verifiable IOU, a signed promise to pay a small fee for the data requested. Because Receipts are created and signed offchain, they can be processed in microseconds with no gas fees.

An Indexer cannot redeem hundreds of thousands of individual Receipts onchain; the cost would defeat the purpose. So GraphTally aggregates them. As an Indexer accumulates Receipts, it batches them into a single Receipt Aggregate Voucher (RAV), which represents the running total owed. When the time comes to settle, the Indexer submits one RAV to the blockchain, compressing a large batch of micropayments into a single transaction.

GraphTally also keeps gateways honest through a threshold the Indexer controls: the maximum amount it is willing to risk in unaggregated Receipts. If a gateway keeps querying past that limit without settling, the Indexer stops serving it. Onchain, smart contracts verify each RAV, hold gateway funds in escrow, and release payment only against valid submissions. Gateway withdrawals require a thawing period, giving Indexers time to claim anything outstanding.

The result meets every requirement the network had: high throughput, since the bottleneck is a fast cryptographic signature; stateless and horizontally scalable senders; trust minimization, since an Indexer can always claim what it is owed onchain without further cooperation from the gateway; and low cost, since the main onchain expense is verifying a single signature.

The Same Ideas, Running in Production EarlyGraphTally was built to solve a specific, concrete problem: paying Indexers for the data they serve. But the problem it solves, trust-minimized micropayments between machines at high frequency, is exactly the problem the wider internet is now confronting as software agents come online.

The clearest signal is x402, an open standard from Coinbase and Cloudflare that revives the dormant HTTP 402 "Payment Required" status code so that any service can charge per request. It is a genuinely important step toward internet-native payments. What is striking, for a broader audience trying to understand where this is heading, is how many of x402's core ideas were already live inside The Graph Network months before x402 was announced. The Graph did not follow this pattern; it shipped it early, because a decentralized network serving real query traffic forced the issue.

Consider the parallels, none of which imply that one project derived from the other:

There is even a place where GraphTally went a step further. High-frequency payment is only half the problem; the harder half is settling all that activity onchain without the fees swallowing the value. GraphTally's answer, aggregating many Receipts into a single RAV so that a large batch of micropayments settles in one transaction, is precisely the optimization a network serving hundreds of thousands of queries a day cannot live without. It is the kind of detail you only solve when you are running the system for real.

The two systems are not rivals; they are complementary layers of the same pipeline, and The Graph runs both. Subgraphs on The Graph Network now accept x402 payments directly. At the consumer-facing layer, x402 lets agents and applications pay a Subgraph Gateway for per-query access in USDC over HTTP, with no API key, account, or session. At the layer beneath it, GraphTally is the system that lets Indexers accept trust-minimized payments from those gateway operators for the queries they actually serve. A request can flow end to end as machine-native payment: an agent pays a gateway through x402, and the gateway settles with its Indexers through GraphTally. The Graph both helped prove the pattern early and adopts the emerging open standard where it fits, rather than treating the two as a choice.

This is the point worth making for a general audience. Permissionless, machine-native payments are not a future feature The Graph is waiting on; they are infrastructure The Graph already builds, ships, and operates at network scale. The Graph set out to pay its own Indexers, and in doing so it battle-tested a piece of the machine-to-machine economy that the rest of the industry is now standardizing in the open.

About The GraphThe Graph is a suite of blockchain data infrastructure products that extract, process, and deliver scalable blockchain data solutions across 60+ networks. The Graph enables application developers, data analysts, AI agents, and enterprise teams that need structured, real-time access to blockchain data. Products include Subgraphs, Firehose, Substreams, and Amp. As of early 2026, The Graph has served over 1.27 trillion queries to more than 75,000 projects, powered by a network of independent Indexers around the world.

Follow The Graph on X, LinkedIn, Instagram, and Reddit. Join the community on The Graph’s Telegram, join technical discussions on The Graph’s Discord.

, /PRNewswire/ -- MAA (NYSE: MAA) announced today that the Company expects to release its second quarter 2026 results on Wednesday, July 29, 2026, after market close and will hold a conference call on Thursday, July 30, 2026, at 9:00 a.m. Central Time. During the conference call, company officers will review second quarter performance and conduct a question-and-answer session.

The conference call-in number is (888) 596-4144 (Domestic) or +1 (646) 968-2525 (International). The Conference ID is 9650596. A replay of the conference call will be available from July 30, 2026 through August 13, 2026 by dialing (800) 770-2030 (Domestic) or +1 (609) 800-9909 (International).

A live webcast of the conference call will be available on the "For Investors" page of the Company's website at www.maac.com and an audio archive of the call will be posted on the Company's website following the call's conclusion.

About MAA
MAA, an S&P 500 company, is a self-administered real estate investment trust (REIT) focused on delivering strong, full-cycle investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. For further details, please refer to www.maac.com or contact Investor Relations at [email protected].

SOURCE MAA

NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the second quarter 2026 on Thursday, July 30, 2026, before the opening of trading on the New York Stock Exchange.A conference call to discuss KKR's financial results will be held on Thursday, July 30, 2026 at 9:00 a.m. ET. The conference call may be accessed by dialing (877) 407-0312 (U.S. callers) or +1 (201) 389-0899 (non-U.S. callers); a pass code is not required. Addit.

AI Agents are Starting to Handle Money. This Blockchain Wants to Build Their Bank

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that Keystone Bridge Partners, a Granite-led joint venture with Condon-Johnson & Associates, Inc., has been selected by the Regional Transportation Commission (RTC) of Washoe County to provide preconstruction services for the Keystone Avenue Bridge Replacement Project in Reno, Nevada. The project will be delivered using the Construction Manager at Risk (CMAR) method. 

“We are excited to again partner with the RTC to find collaborative solutions to best serve Reno and the travelling public.”

ShareBuilt in 1966, the Keystone Avenue Bridge spans the Truckee River and serves as a critical north–south corridor. The new project will replace the structurally deficient bridge, significantly improve safety, and accommodate increased traffic demand. 

“This project reflects Granite’s continued commitment to delivering resilient, community-focused infrastructure,” said Chris Burke, Granite Regional Vice President. “We are excited to again partner with the RTC to find collaborative solutions to best serve Reno and the travelling public.”

Project scope includes demolition of the existing bridge and construction of a new multi-span steel beam girder structure, along with reconstruction of Keystone Avenue approaches, new retaining walls, drainage improvements, and utility relocations. The project also features a new multi-use path connecting to Vine Street and improvements to nearby roadways.

Project Timeline:

Preconstruction: Q2 2026 through Q1 2028Major Construction: Q2 2028 through Q3 2029When the construction phase is awarded, the anticipated value will range from $50 million to $60 million.

For more information, visit: https://keystonebridgeproject.com.

 
About Granite 
Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite civil construction provider. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit the Granite website, graniteconstruction.com, and connect with Granite on LinkedIn, X, Facebook, and Instagram. 

Shiba Inu ($SHIB) has worked its way back into the top 30 cryptocurrencies by market capitalisation, driven by a notable shift in on-chain behaviour rather than any breakout in price.

Whales Pull Nearly 781 Billion SHIB Off Exchanges According to CryptoQuant data, exchange balances dropped from 87.96 trillion to 87.18 trillion tokens over the four-day span ending June 29, with net outflows of 781 billion SHIB pointing to sustained accumulation and reduced sell-side liquidity. The withdrawals signal that large holders are moving tokens into private wallets rather than leaving them available for sale on trading platforms.

Despite a heavy downtrend during the final week of June, whales moved to absorb selling pressure and shifted the market into a phase of quiet accumulation. Large players placed a dense limit wall at the $0.00000414 level, halting the token's decline, which stood at -10.27% for the week, and allowing it to regain lost positions in the rankings as competing altcoins weakened.

Rankings Comeback With Market Cap Holding Above $2.48 Billion The token had briefly slipped to 31st place after falling 11.22% over seven days, pushing its price to $0.000004153 and reducing its market cap to approximately $2.44 billion, as Tether Gold (XAUT) moved in to claim the 30th position with a market cap of $2.48 billion. SHIB subsequently reclaimed the 30th spot in CoinMarketCap's rankings.

The withdrawal of billions of tokens into cold storage did not trigger an immediate explosive rally, but it fulfilled a clear strategic purpose: it blocked the decline and secured the marginal gains needed to return to the top 30.

Price action remains contained for now. SHIB is trading in a narrow horizontal range between support at $0.00000414 and local resistance around $0.00000430. Derivatives trading continues to dominate market activity, with futures volume significantly outpacing spot demand, highlighting the market's dependence on short-term speculation rather than sustained buying.

Sources:
U.Today: Shiba Inu Re-Enters Crypto Top 30 as Exchange Reserves Plunge
Crypto Economy: SHIB Returns to Top 30 While Exchange Balances Hit Multi-Year Lows
The Crypto Basic: Shiba Inu Whales Accumulate 500B SHIB as Price Slump Creates Buying Opportunity

Shiba Inu layer-2 blockchain, Shibarium, is facing scrutiny as on-chain data highlighted slowing network activity, limited token burns, and stagnant holder growth.

The slowdown comes as SHIB’s price continues to underperform. The meme coin is trading at low levels last seen in 2021, while investor attention shifts toward artificial intelligence-related crypto projects.

Shibarium Network Activity Cools Recent data from ShibariumScan suggests network activity has slowed considerably compared to the expectations that surrounded Shibarium’s launch.

The blockchain has processed more than 1.56 billion transactions and created nearly 270 million wallet addresses since going live. However, daily transaction volume has fallen to around 1,170 transactions. That marks a sharp decline from earlier periods of stronger activity.

The slowdown has fueled concern within the Shiba Inu community.

Source: https://shibariumscan.io/ Shiba Inu Burns Fall Short of Expectations Critics have also pointed to the pace of SHIB token burns. According to Shibburn data, about 410.84 trillion SHIB have been burned since the token launched. That represents roughly 41.08% of the original 1 quadrillion supply.

However, burn activity linked specifically to Shibarium remains relatively modest. Around 1 billion SHIB have reportedly been burned through the layer-2 network, despite expectations that Shibarium would significantly accelerate the burn mechanism.

Recent burn data shows about 2.32 million SHIB were burned over the past 24 hours. Around 19.35 million were burned during the past week, while roughly 110.02 million were removed over the last 30 days.

Supporters have long viewed Shibarium’s ecosystem as a catalyst for increasing SHIB burns through transaction fees. So far, however, burn levels remain well below expectations seen when the network launched.

Source: https://www.shibburn.com/ Holder Growth and Price Remain Weak Critics also argue that wallet growth has stalled. SHIB’s holder count has reportedly remained around 1.5 million for roughly 18 months.

SHIB’s price has also stayed under pressure. The token is trading at approximately $0.0000054. It is down 5.5% over the past week, 22% over the past month, 63% over the past year, and about 95% below its all-time high.

The combination of slowing network activity, modest burn rates, stagnant holder growth, and a declining price has led some market participants to question whether Shibarium can still become the ecosystem’s long-awaited utility engine.

Others remain optimistic. Future ecosystem upgrades, new decentralized applications, additional partnerships, and a crypto market recovery could revive activity. 

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.

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

As the asset continues to trade close to its lowest points of the year, Shiba Inu is once again facing a crucial test as exchange activity soars. Recent on-chain data indicates that more than 493 billion SHIB entered exchanges, raising questions about whether investors are getting ready for another round of selling pressure. 

Since exchange inflows frequently show that holders are transferring assets to trading venues where they can be sold, they are among the most closely monitored metrics in cryptocurrency markets. 

Even more pressure on SHIBA half-trillion-token transfer is hard to ignore, even though inflows by themselves do not ensure a selloff, particularly given how precarious SHIB's price action is. The technical picture is already skewed toward bears. After breaking out of a multi-month consolidation structure, SHIB lost a smaller ascending triangle pattern that provided momentary hope for a recovery. The asset is currently trading significantly below its 50-, 100-, and 200-day moving averages at $0.0000042. 

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SHIB/USDT Chart by TradingViewThe downward trend of those moving averages confirms that the overall market structure remains bearish. Exchange-related metrics, however, paint a conflicting yet alarming picture. Exchange outflows totaled about 585 billion tokens, while exchange inflows surpassed 493 billion SHIB. 

Exchange reservers stay upLarge holders are actively repositioning their assets, though, as evidenced by the size of incoming transfers. There are almost no positive signals around SHIB, even worse, things are getting more complicated. Exchange reserves have spiked to about 86.9 trillion SHIB in an unexpected injection on exchanges only a few days ago. 

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Reduced reserves typically mean that long-term holders are withdrawing their coins from exchanges, which lessens the immediate selling pressure. There has not been enough network activity to compensate for the technical weakness. There has been a slight improvement in active addresses and transaction counts, but not at a rate that would indicate a significant increase in demand. A market caught between accumulation and distribution is the end result. 

While the significant inflow activity indicates that some investors are preparing for possible liquidation opportunities, on-chain data indicates that other investors are still withdrawing SHIB. Buyers must absorb this new supply while pushing the token back above key moving averages if SHIB is to change direction. The recent half-trillion-token exchange inflow should be seen as a warning sign rather than a bullish catalyst until that time. It is still the bulls' responsibility to prove their case.