For most crypto investors, the biggest milestone after a presale is the first exchange listing. It marks the point where a token becomes available to a much wider audience and begins trading on the open market.
While every project follows its own roadmap, experienced investors know that listings usually happen only after several operational and development milestones have been completed.
MemeToro ($MT) is currently moving through that earlier phase. As Binance and Coinbase continue expanding their own blockchain services, investors are beginning to ask what they should watch before $MT eventually reaches public exchanges.
Exchange Listings Are More Than a Launch Date Many new investors assume an exchange listing is simply announced once a presale ends.
In reality, most projects spend months preparing beforehand.
Teams typically complete fundraising, finalize token distribution, perform security reviews, prepare liquidity, and ensure technical infrastructure is ready before approaching public markets. Larger exchanges also conduct their own internal reviews before approving new assets.
Because of this process, experienced investors often pay more attention to development milestones than rumors circulating on social media.
Understanding how a project progresses toward listing is usually more valuable than trying to predict an exact launch date.
Binance and Coinbase Are Expanding Beyond Trading Both Binance and Coinbase continue evolving during 2026.
Binance has recently adjusted parts of its European operations to align with changing MiCA regulations, including withdrawing one regional application as it restructures its compliance strategy. Despite those operational changes, BNB has remained relatively stable between $565 and $571, reflecting continued confidence in the broader ecosystem.
Standard Chartered’s Geoff Kendrick recently commented on those developments:
“The structural pivot away from MiCA in specific EU jurisdictions shouldn’t panic long-term allocators. Binance is simply cleaning up its regulatory plumbing to prepare for a multi-jurisdictional spot ETF environment that could comfortably push BNB past $1,050 by year-end.”
Coinbase has also expanded beyond traditional spot trading.
Its growing Web3 prediction market infrastructure has attracted increasing activity as traders seek alternative ways to participate in macro events beyond standard cryptocurrency markets.
These developments show how exchanges continue broadening the services they offer alongside token listings.
Functional Overview of the MemeToro Token Launchpad The MemeToro platform provides a functional workspace for configuring, launching, and managing decentralized tokens within a unified interface. By operating on the BNB Smart Chain, the application minimizes operational friction while maintaining a high degree of smart contract transparency.
Hands-Free Liquidity Provisions: Launch tokens with automatic decentralized exchange listings that require no manual team setup. Monetize Project Volume: Route up to 1.2% of recurring transactional activity straight back to your wallet. Equitable Public Access: Ensure balanced asset distribution from day one with built-in anti-whale launch limits. Clear Portfolio Visualization: Monitor project health easily using advanced data tools that track live volume trends.
The project remains in Stage 3 of its public presale, where 78% of the current allocation has been sold. More than $62,000 has been raised toward the $79,480 target, while the token remains priced at $0.00154 before increasing to $0.00171 in Stage 4.
At this stage, development remains focused on building the ecosystem rather than preparing for active exchange trading.
The roadmap includes an AI Agent that supports automated no-code memecoin creation, decentralized prediction markets, SocialFi participation, behavioral finance tools, and staking.
For many investors, those ecosystem milestones provide a clearer picture of progress than speculation about listing dates.
What Investors Should Monitor Before Any Listing Rather than focusing on countdowns or rumors, experienced investors usually watch several practical indicators.
Security reviews remain one of the most important checkpoints. Projects that complete audits and continue improving their infrastructure often enter public markets with greater credibility.
Roadmap delivery also matters.
Investors typically monitor whether promised products are released on schedule, whether community growth continues, and whether development remains active throughout the presale period.
Liquidity planning becomes another important factor.
Exchange listings tend to perform more smoothly when projects have already established transparent token distribution and sufficient liquidity preparation.
Watching these fundamentals often provides better insight than reacting to unofficial listing speculation.
A Crypto Listing Is the Beginning, Not the Finish The first exchange listing often attracts the most attention, but it is rarely the moment that determines a project’s long-term success. History shows that many cryptocurrencies experience strong launches before fading, while others build momentum gradually as their ecosystems mature.
For MemeToro, the more meaningful question may not be when the token begins trading, but what users can actually do with it once trading starts. If the platform delivers the products outlined during development and continues expanding its user base after launch, exchange listings become a gateway rather than the destination itself.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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The crypto market has entered July with a more stable tone after several months of heavy selling. Bitcoin has managed to reclaim the $61,000 range, while major altcoins are attempting to establish stronger support levels ahead of the second half of the year.
Although uncertainty remains, many investors are beginning to reposition their portfolios for the next market cycle.
Some continue favoring established blockchain ecosystems, while others are allocating capital toward earlier-stage AI projects. Among the names attracting the most attention are Binance Coin (BNB), HyperLiquid (HYPE), and MemeToro ($MT), alongside other projects that continue expanding despite challenging market conditions.
1. Binance Coin (BNB) BNB continues proving why it remains one of the strongest large-cap cryptocurrencies.
The token is currently trading between $562 and $590, comfortably holding above the important $580 support zone despite broader market weakness. Although it remains roughly 55% below its all-time high of $1,370, network activity has stayed consistent.
Several developments continue supporting long-term confidence.
BNB Chain developers are preparing for the upcoming Osaka hard fork, which aims to improve gas efficiency while introducing a new AI software development kit for builders. Combined with Binance’s regular token burn mechanism, the ecosystem continues expanding even during slower market conditions.
Standard Chartered’s Geoff Kendrick recently noted that while short-term consolidation between $550 and $620 remains likely, the bank continues maintaining a long-term $1,050 target based on the network’s deflationary design and growing utility.
2. MemeToro ($MT) MemeToro ($MT) represents one of the leading AI-focused presales currently available.
Rather than building around one blockchain product, the platform combines artificial intelligence with automated memecoin creation, decentralized prediction markets, SocialFi participation, behavioral finance, and staking inside one ecosystem.
Its AI Agent continuously monitors online discussions, market narratives, cultural trends, and social activity before autonomously supporting fair no-code token launches.
Users can also participate in decentralized prediction markets covering cryptocurrencies, politics, sports, entertainment, and global events using both $MT and BNB.
This broader ecosystem has helped distinguish MemeToro ($MT) from many traditional meme-focused projects.
3. HyperLiquid (HYPE) HyperLiquid remains one of the most closely watched Layer-1 ecosystems entering the second half of the year.
The project is currently navigating a $645 million Core Contributor token unlock, an event many traders expected to create heavy selling pressure.
However, the network’s buyback model continues helping absorb new supply.
Approximately 99% of daily trading fees are routed into automated token buybacks through the Assistance Fund, creating ongoing demand during periods of increased volatility.
The ecosystem has also benefited from institutional participation.
Three US spot HYPE ETFs have already attracted more than $300 million in cumulative inflows, helping reinforce market confidence despite short-term uncertainty.
4. Bitcoin Although technically not an altcoin, Bitcoin continues influencing every major investment decision across the crypto market.
The asset has stabilized between $61,000 and $63,000, recovering from its previous decline toward $58,200. Analysts continue watching the 20-day EMA near $62,450, which remains the key resistance level before any broader move toward $66,600.
5. Ethereum Ethereum completes the list despite its difficult first half of the year.
The network entered July near $1,570 after recording its first-ever stretch of three consecutive negative quarters. Even with weaker price performance, Ethereum remains the largest smart contract ecosystem and continues attracting developers across decentralized finance, tokenization, and blockchain infrastructure.
Many long-term investors continue viewing current prices as part of a broader accumulation phase rather than a structural decline.
MemeToro Keeps the Momentum High in Stage 3 Unlike the established cryptocurrencies on this list, MemeToro is still progressing through its public presale.
The project has currently raised $62000+ toward its $79480 Stage 3 target. Each $MT token remains priced at $0.00154, with future presale stages introducing scheduled price increases.
The token has a fixed supply of 1.2 billion, with 71% allocated directly to public participants. Investors can join the official presale using BNB, ETH, USDT, USDC, or a bank card.
Beyond the presale, holders gain access to the platform’s AI-powered ecosystem, including automated memecoin creation, decentralized prediction markets, SocialFi participation, behavioral finance tools, and 35% APR staking rewards.
Which Projects Stand Out This Month? July presents investors with several different opportunities depending on their strategy.
BNB continues benefiting from steady ecosystem development and upcoming network upgrades, while HyperLiquid combines institutional ETF support with one of the strongest buyback models currently operating in crypto. Ethereum remains a long-term infrastructure leader despite recent weakness.
MemeToro ($MT) offers a different opportunity by giving investors access to an AI-powered ecosystem before exchange listings begin. Get your $MT tokens before the price changes.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
From Pilot to Permanent Infrastructure@UNDPEurasia, @UNDP_AltFinLab, and @StellarOrg have signed a new agreement to move their blockchain payments programme from a series of field pilots into standing institutional infrastructure. The deal, announced on 30 June 2026 in Istanbul, gives UNDP country offices the governance framework and technical capability to use blockchain-based digital payments as a routine part of programme delivery.
The decision follows sixteen months of joint work. The two partners researched digital payment use across seventeen countries, consulted UNDP country offices and stakeholders, and ran live pilots in Haiti, Syria, Kenya, Guatemala, and The Gambia, with two further prototypes developed in Colombia and Papua New Guinea. In parallel, the SDG Blockchain Accelerator, strategically led by UNDP AltFinLab, matched a cohort of payment solutions built on the Stellar network with real UNDP programme challenges, producing a portfolio of graduated solutions with documented pathways to scale.
Aleppo Pilot Sets the BenchmarkThe most closely watched deployment was in Aleppo. UNDP delivered Cash for Work stipends to beneficiaries digitally and recorded every transaction on-chain, reducing the estimated cost of distribution from around 10 percent of funds to just 2 percent per transaction. Payments were completed with a 100 percent success rate in low-connectivity conditions, a result that gave both organisations confidence to push toward a permanent rollout.
The $XLM infrastructure underpinning the programme provides a traceable, on-chain record of every transaction and near-instant settlement, qualities that matter most in fragile and conflict-affected settings where traditional banking systems are unreliable or absent. The collaboration harnesses the Stellar network and open-source tools to enhance access to digital financial services, facilitate transparent and efficient cross-border transactions, and provide low-cost digital payment solutions for humanitarian aid, remittances, and national cash transfer programmes.
The agreement runs through 2027 and will conclude with a consolidated evidence base, a scaling playbook, and a formal handover, so that the capability outlasts the partnership that created it. Candace Kelly, Chief Legal Officer at the Stellar Development Foundation, noted that "these pilots showed what open, public blockchain infrastructure can do when it is built around the realities of the last mile."
The extension deepens a relationship that has been broadening rapidly. UNDP has also launched a Blockchain Advisory Group bringing together 26 organisations, including the Ethereum Foundation, Cardano, and Stellar, to explore how blockchain can improve financial access, digital identity, public services, and climate initiatives worldwide.
Sources:
UNDP Eurasia: UNDP and Stellar Development Foundation extend partnership to scale digital payment solutions
Stellar.org: UNDP and Stellar Development Foundation join forces for financial inclusion
UNDP Eurasia: Digital payments that work under real constraints
The United Nations Development Programme (UNDP) has signed a new agreement with the Stellar Development Foundation to expand the agency's use of blockchain-based payments after completing pilot projects in five countries, signaling a broader role for public blockchain infrastructure in its development programs.
The agreement follows 16 months of research and pilot programs in Haiti, Syria, Kenya, Guatemala and The Gambia, with additional projects in Colombia and Papua New Guinea, the agency said Monday. According to UNDP, the next phase will establish the process for country offices to use blockchain payments across a wider range of programs.
UNDP said the pilots produced measurable results. In Syria, a Cash for Work program that recorded payments onchain reduced distribution costs from 10% to 2%, while a pilot in Haiti continued processing payments during a cellular network outage.
Blockchain payment networks, particularly those supporting stablecoins, have increasingly been promoted as a way to improve cross-border payments and remittances, especially in regions where access to traditional banking services is limited. The announcement marks one of the clearest examples of a UN agency moving beyond limited blockchain trials toward broader use of the technology for humanitarian purposes.
Source: UNDP
Last month, UNDP launched a Blockchain Advisory Group at the Proof of Talk conference in Paris, France, to help guide its use of blockchain technology across development programs. Beyond digital payments, the group will explore how blockchain can support digital public infrastructure and improve public systems.
Stablecoins gain ground in remittance marketsUNDP's expanded use of blockchain payments reflects a broader push to modernize cross-border payments in emerging markets, where limited access to traditional banking and high remittance costs have made stablecoins an increasingly attractive alternative.
Ripple recently acquired an equity stake in African fintech Flutterwave as part of a broader effort to expand the use of its RLUSD stablecoin and the XRP Ledger across Africa, where remittances remain a major source of household income.
Latin America is also emerging as a key market for stablecoin-powered remittances, with issuers targeting payment corridors in Argentina, Bolivia, Colombia and Venezuela.
The most active remittance channels across Latin America. Source: Claudia Wang
Former UN under-secretary-general Vera Songwe said the growing importance of digital payments extends beyond remittances. Speaking at the World Economic Forum’s annual meeting in January, Songwe said that stablecoins are becoming “more important than aid” in some developing economies because they provide access to digital financial services where traditional banking remains out of reach.
“650 million people don’t have access to a bank account in Africa,” Songwe told the WEF attendees. “With a smartphone, you have access to stablecoins, so you can save in a currency that is not exposed to fluctuations of inflation and making you poor.”
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
The United Nations Development Programme (UNDP) has signed a new agreement with the Stellar Development Foundation to expand the agency's use of blockchain-based payments after completing pilot projects in five countries, signaling a broader role for public blockchain infrastructure in its development programs.
The agreement follows 16 months of research and pilot programs in Haiti, Syria, Kenya, Guatemala and The Gambia, with additional projects in Colombia and Papua New Guinea, the agency said Monday. According to UNDP, the next phase will establish the process for country offices to use blockchain payments across a wider range of programs.
UNDP said the pilots produced measurable results. In Syria, a Cash for Work program that recorded payments onchain reduced distribution costs from 10% to 2%, while a pilot in Haiti continued processing payments during a cellular network outage.
Blockchain payment networks, particularly those supporting stablecoins, have increasingly been promoted as a way to improve cross-border payments and remittances, especially in regions where access to traditional banking services is limited. The announcement marks one of the clearest examples of a UN agency moving beyond limited blockchain trials toward broader use of the technology for humanitarian purposes.
Source: UNDP
Last month, UNDP launched a Blockchain Advisory Group at the Proof of Talk conference in Paris, France, to help guide its use of blockchain technology across development programs. Beyond digital payments, the group will explore how blockchain can support digital public infrastructure and improve public systems.
Stablecoins gain ground in remittance marketsUNDP's expanded use of blockchain payments reflects a broader push to modernize cross-border payments in emerging markets, where limited access to traditional banking and high remittance costs have made stablecoins an increasingly attractive alternative.
Ripple recently acquired an equity stake in African fintech Flutterwave as part of a broader effort to expand the use of its RLUSD stablecoin and the XRP Ledger across Africa, where remittances remain a major source of household income.
Latin America is also emerging as a key market for stablecoin-powered remittances, with issuers targeting payment corridors in Argentina, Bolivia, Colombia and Venezuela.
The most active remittance channels across Latin America. Source: Claudia Wang
Former UN under-secretary-general Vera Songwe said the growing importance of digital payments extends beyond remittances. Speaking at the World Economic Forum’s annual meeting in January, Songwe said that stablecoins are becoming “more important than aid” in some developing economies because they provide access to digital financial services where traditional banking remains out of reach.
“650 million people don’t have access to a bank account in Africa,” Songwe told the WEF attendees. “With a smartphone, you have access to stablecoins, so you can save in a currency that is not exposed to fluctuations of inflation and making you poor.”
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
The United Nations Development Programme and the Stellar Development Foundation just turned a promising experiment into a long-term commitment. The two organizations announced an extension of their partnership on July 6, 2026, aimed at scaling blockchain-based digital payment solutions through 2027.
The extension follows 16 months of actual research and pilot programs across five countries, with results that are hard to argue with. Transaction fees dropped from 10% to 2%, and payment delivery hit 100% reliability, even in areas with essentially zero internet connectivity.
From pilot programs to permanent infrastructure The initial partnership kicked off on January 27, 2025, with a straightforward goal: figure out whether blockchain could make humanitarian aid delivery cheaper, faster, and more reliable. The answer, based on pilots in Haiti, Kenya, Syria, Guatemala, and The Gambia, appears to be yes on all three counts.
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The Syria results are particularly striking. In Aleppo, where connectivity is minimal at best, the Stellar network successfully delivered cash-for-work stipends with perfect reliability.
The fee reduction alone tells a compelling story. Cutting transaction costs from 10% to 2% means that for every $1 million in aid disbursed, an additional $80,000 actually reaches recipients instead of evaporating into the financial plumbing.
The extended partnership now shifts focus from proving the concept to making it routine. That means governance frameworks, operational safeguards, and integration into UNDP’s country offices worldwide.
Building institutional credibility for blockchain SDF is a founding member of UNDP’s Blockchain Advisory Group, which launched on June 3, 2026, with participation from 26 organizations.
The Stellar network also has prior institutional credibility in the humanitarian space. UNHCR, the UN’s refugee agency, has been using Stellar Aid Assist for cash-based interventions in Ukraine since 2022.
What this means for crypto investors For the broader crypto market, institutional adoption stories like this one carry weight that speculative narratives can’t match. When a UN agency with operations in over 170 countries commits to operationalizing blockchain payments, it validates the technology stack in ways that matter to regulators, enterprise buyers, and traditional finance players watching from the sidelines.
The 26-organization Blockchain Advisory Group also bears watching. As these organizations develop shared governance frameworks for blockchain-based payments, they’re effectively building the regulatory and operational playbook that other institutions will reference. Early participation in that standard-setting process gives Stellar and its ecosystem partners a meaningful voice in how blockchain-based financial infrastructure gets built at scale.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The United Nations Development Programme (UNDP) has inked a deal with the Stellar Development Foundation to expand the use of blockchain-based payments across its development programs, marking a significant step toward integrating public blockchain infrastructure into humanitarian and development work. This agreement comes on the heels of pilot projects in five countries, highlighting the potential for blockchain to play a more visible role in aid distribution and economic development efforts.
Pilots pave the way for broader implementationOn Monday, UNDP announced that over the past 16 months it has conducted research and pilot studies in Haiti, Syria, Kenya, Guatemala, and the Gambia, and has developed additional projects in Colombia and Papua New Guinea. The agency stated that its new phase will focus on creating operational processes enabling country offices to utilize blockchain payments for a wider range of programs.
UNDP functions within the United Nations system as an agency dedicated to fighting poverty, building institutional capacity, and advancing sustainable development. The Stellar Development Foundation, meanwhile, is a nonprofit supporting the Stellar network, a blockchain designed for cross-border payments and digital asset transfers.
UNDP announced that in its next phase, operational processes will be established so that country offices can deploy blockchain-based payments across broader initiatives.
Syrian and Haitian pilots yield measurable resultsThe pilot programs delivered tangible outcomes. In Syria, the “Cash for Work” program saw distribution costs for blockchain-recorded payments fall from 10% to 2%. In Haiti, the payment system continued to function seamlessly even during interruptions to the mobile network.
CountryApplicationResultSyriaCash for Work paymentsDistribution costs dropped from 10% to 2%HaitiPayment processing pilotTransactions continued during mobile outagesSuch results have fueled greater interest in blockchain-based payment networks, particularly in areas where access to traditional banking is limited. Stablecoin-backed networks are gaining traction thanks to their potential to cut costs and increase access for cross-border payments and remittance transfers.
UNDP launches blockchain advisory groupAt the Proof of Talk conference in Paris last month, UNDP launched a Blockchain Advisory Group to shape how the organization leverages blockchain technology in its development programs. The group’s work will extend beyond digital payments, exploring how blockchain can support digital public infrastructure and enhance public systems overall.
Emerging markets drive real-world adoptionUNDP’s move reflects a broader trend toward modernizing cross-border payment systems in emerging markets. Poor banking access and high remittance costs are making stablecoins increasingly attractive, especially in Latin American countries like Argentina, Bolivia, Colombia, and Venezuela, which stand out as busy payment corridors.
A similar trend is visible in Africa. Ripple recently acquired a stake in Africa-based fintech company Flutterwave as part of its strategy to expand use of RLUSD stablecoin and XRP Ledger on the continent. In the region, remittances remain a critical source of household income.
Former UN Under-Secretary-General Vera Songwe noted that 650 million people in Africa lack access to a bank account, yet those with smartphones can reach digital financial services via stablecoins.
Speaking at the World Economic Forum’s annual meeting in January, Songwe emphasized that digital payments are having an impact in some developing economies that goes beyond remittances. She argued that stablecoins are becoming even more important than aid in certain countries because they enable digital financial services for populations excluded from the traditional banking sector.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
The United Nations Development Programme (UNDP) has announced a new agreement with the Stellar Development Foundation to utilize the Stellar blockchain for distributing humanitarian aid. After nearly two years of extensive field trials, UNDP now aims to make blockchain-based payments a standard tool for its country offices worldwide.
Field pilots expand across 17 countriesThis latest deal significantly broadens a partnership that has been ongoing for over 16 months. The two organizations reviewed blockchain payment systems in 17 countries, launching initial pilots in Haiti, Syria, Kenya, Guatemala, and Gambia. Meanwhile, working prototypes were built for Colombia and Papua New Guinea. The Stellar Development Foundation, a nonprofit, leads the development of the open-source Stellar network, enabling fast and cost-effective digital transactions.
UNDP highlights that these field trials delivered concrete and measurable results, going far beyond mere proof-of-concept exercises.
According to the organization, the pilots yielded striking benefits in cost and transparency. In Aleppo, Syria, for example, the “Cash-for-Work” program’s distribution expenses fell from an initial 10 percent (using traditional banking methods) to just 2 percent after switching to blockchain. Every participant in the program received their payment. In Haiti, blockchain-powered pilot payments achieved a perfect 100 percent success rate.
CountryProgramOutcomeSyria, AleppoCash-for-WorkDistribution costs dropped from 10% to 2%HaitiPilot payment transactionsAchieved 100% success rateBeyond cost reduction, these trials established permanent records tracking exactly where every dollar went. UNDP underscores that this level of transparency is especially valuable in donor-driven aid programs.
Pilots pave the way for permanent infrastructureThe next phase will see a shift from pilot projects to building an enduring operational platform for widespread adoption. This initiative, set to run through 2027, is being coordinated through the UNDP’s Alternative Finance Lab based at the Istanbul Regional Hub.
Under the new agreement, UNDP will develop a governance and participation framework to guide country offices. The agency also plans to integrate existing payment tools into national programs, while the Stellar Development Foundation will provide technical guidance and coordinate with the developer ecosystem. Operational responsibility for the programs will remain with UNDP.
Mini glossary: Stablecoin is a digital asset, typically pegged to a fiat currency like the dollar. Its low-cost, rapid cross-border transactions make stablecoins especially popular in areas with limited banking access.
Growing interest in blockchain and stablecoin paymentsUNDP’s latest move coincides with surging interest in blockchain and stablecoin solutions for regions where banking services are sparse and transaction fees high. Ripple, for example, has invested in Africa-based fintech firm Flutterwave to expand the use of its RLUSD stablecoin and the XRP Ledger network. Countries such as Argentina, Bolivia, Colombia, and Venezuela are also emerging as key targets for stablecoin issuers aiming to revolutionize local payments.
Former United Nations Under-Secretary-General Vera Songwe told the World Economic Forum that, in some developing countries, stablecoins have surpassed aid in importance by reaching people who do not have access to banks.
Songwe estimates some 650 million people in Africa remain unbanked, while many of them own smartphones and can readily access stablecoins. She noted that this infrastructure can offer a savings lifeline in more stable currencies, particularly attractive amid high inflation environments.
Under the agreement, both parties aim to establish a robust governance structure, operational guidelines, and deployment models for blockchain payments, making them a global standard across UNDP’s programs by 2027.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
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.
Visa stablecoin data shows fiat-pegged token monthly activity increased to a record $1.79 trillion in June. ((Media/Visa)Summary
Circle’s USDC accounted for about 70 percent of adjusted stablecoin transaction volume in the first half of 2026, widening its lead over Tether’s USDT, which held roughly 25 percent.Adjusted stablecoin transaction volume hit a record $1.79 trillion in June 2026, up 63 percent from May and 125 percent from June 2025, contributing to $8.82 trillion in volume for the first six months of the year.Growing adoption of stablecoins by banks and financial institutions, including new USDC services from Standard Chartered and BNY, reflects a broader shift toward established fiat-pegged digital asset networks.Circle’s USDC stablecoin widened its lead over competitor Tether’s USDT by transaction volume during the first half of 2026, according to fresh data from Visa’s onchain dashboard.
In June alone, stablecoin activity increased to a record $1.79 trillion in adjusted transaction volume, up 63% from May's $1.1 trillion and 125% from about $795 billion in June 2025. Visa removes bot activity, exchange transfers and other blockchain transactions that do not reflect real economic activity before calculating adjusted volume.
These figures come as banks and other financial institutions expand their use of stablecoins for payments, settlement and treasury operations. Standard Chartered and BNY recently added services around Circles’s USDC rather than building their own infrastructure which also reflects a broader shift toward using established stablecoin networks as activity and demand for fiat-pegged digital assets increases.
The first six months of the year totaled $8.82 trillion in adjusted stablecoin transaction volume. That is more than the $5.8 trillion recorded during all of 2024 and $2 trillion less than the record $10.8 trillion reported in 2025.
USDC accounted for about 70% of adjusted transaction volume during the first half of 2026. USDT represented roughly 25%..
In 2020, USDT made up nearly 90% of adjusted transaction volume. USDC accounted for less than 10%. By 2022, USDC accounted for about 45% of adjusted transaction volume.
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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.
According to on-chain data from Visa, in the first half of 2026, Circle’s stablecoin USDC accounted for approximately 70% of adjusted stablecoin trading volume, further widening its lead over rival Tether’s USDT. In the same period, USDT held a roughly 25% share. The data shows adjusted stablecoin trading volume hit a record $1.79 trillion in June, up 63% from $1.1 trillion in May and 125% from around $795 billion in June 2025. When calculating adjusted trading volume, Visa excludes bot activity, exchange transfers, and other blockchain transactions that do not reflect genuine economic activity. The data release comes as banks and other financial institutions expand their use of stablecoins in payments, settlements, and fund management. Standard Chartered and BNY Mellon recently added services related to Circle’s USDC rather than building their own infrastructure, reflecting that amid rising activity and demand for fiat-pegged digital assets, financial institutions are increasingly leveraging established stablecoin networks. Adjusted stablecoin trading volume totaled $8.82 trillion in the first six months of this year, higher than the full-year 2024 figure of $5.8 trillion, but still roughly $2 trillion lower than the 2025 record of $10.8 trillion. In 2020, USDT once accounted for nearly 90% of adjusted trading volume, while USDC held less than 10%; by 2022, USDC’s share had risen to around 45%.
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Coindesk reported that USDC extended its lead over Tether's USDT in the first half of 2026, cementing its role as the stablecoin of choice for banks, fintechs, and regulated institutions even as new rivals like OpenUSD raise questions about Circle’s long-term margins.
What's the Scoop?Institutional Adoption Driving the Shift: Standard Chartered and BNY both recently added USDC-based services rather than building their own stablecoin infrastructure. That matters because it shows banks are treating it as the stablecoin rail most ready to plug into existing financial infrastructure for custody, minting, redemption, settlement, and treasury use cases. They're not building their own.USDC’s First-Half Lead: USDC accounted for roughly 70% of adjusted stablecoin transaction volume in the first half of 2026, according to Visa's onchain dashboard, while USDT held about 25%.OpenUSD Concerns: OpenUSD’s launch sparked fears that Circle could face margin pressure from the new stablecoin backed by Stripe, Visa, Mastercard, Coinbase, BlackRock, and others, causing the stock to drop 20%. Yet, the selloff looked overdone: while OpenUSD is pitching free minting and redemption, shared reserve earnings, and governance rights, it still has to build adoption from scratch. USDC already has liquidity, integrations, institutional trust, and growing bank support.Open USD Is Coming for Circle’s Margins on Bankless
The newest major stablecoin consortium is offering businesses a better deal than Circle has. Will Circle be fazed?
BanklessDavid Christopher
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Written by David Christopher
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David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.
Summer Finance, a renowned DeFi platform, has recently undergone a significant exploit. In this respect, the Summer.fi exploiter has reportedly drained a staggering $6M in $DAI. As per the data from PeckShieldAlert, the incident majorly influenced the LazyVault LowerRisk USDC (LVUSDC). During this exploit, the displayed APY of the vault briefly jumped to a huge 2.08M%. It does not mean users could actually earn a 2.08 million% annual return. Instead, it is an artificially inflated APY caused by the exploit or a manipulation of the vault’s accounting.
Later on, Summer Finance officially acknowledged the attack in its tweet.
We are aware of the reported exploit a little earlier today and are investigating the root cause. The protocol guardians are currently pausing all Vaults across the Lazy Summer Protocol.
We will provide more updates as we have them.
— Summer.fi ☀ (@summerfinance_) July 6, 2026 Summer Finance Exploiter Drains $6M in DAI, Raising Vault APY to 2.08M% Based on the market data, the Summer.fi exploiter successfully drained a noteworthy $6M in $DAI. During this incident, the displayed APY of the vault reached the stunning 2.08M% mark. This has triggered immediate concerns regarding systemic risk and manipulation. The impacted vault’s biggest current holder is the address “0x874…4130.” The respective address is reportedly connected to UDHC’s Torben Jorgensen, with a cumulative deposit of nearly 8.6M $USDC.
Keeping this in view, the event highlights the DeFi protocols’ fragility amid the rise in sophisticated attacks. At the same time, the incident also underscores the requirement for more effective safeguards against such vulnerabilities. Specifically, the LVUSDC vault experienced manipulation that led to abnormal yield surges. Hence, this misled consumers by making them believe in the vault’s astronomical returns. Additionally, after the drainage of $6M, the sudden APY spike to 2.08M% emerged as a sign of malicious operations instead of a genuine yield generation.
Liquidity Manipulation and Contract Vulnerabilities Emerge as Red Flags According to PeckShieldAlert, such anomalies often play the role of red flags concerning contract-level vulnerabilities or liquidity manipulation. The involvement of Summer.fi’s risk-management partner Block Analitica makes the development more complicated. Overall, the incident signifies the urgent need for improved auditing, contingency planning, and real-time monitoring to secure consumers against such catastrophic losses.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
Stablecoins just had their biggest month ever, and it wasn’t particularly close. Adjusted transaction volume hit $1.79 trillion in June 2026, narrowly eclipsing the previous record of $1.78 trillion set back in February.
The headline number is impressive on its own, but the composition underneath tells a more interesting story. Circle’s USDC accounted for roughly 67% of that volume, or about $1.21 trillion. Tether’s USDT, the longtime king of dollar-pegged tokens, managed around 32% with $576 billion.
In English: for every $3 moving through stablecoin rails in June, $2 went through USDC.
The numbers in context June’s $1.79 trillion represents a 63% jump from May’s $1.1 trillion and a 125% increase compared to the same month last year.
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Zoom out to the full first half of 2026, and the pattern becomes even more stark. USDC commanded roughly 70% of adjusted stablecoin volume across the six-month period, while USDT’s share hovered around 25%.
One important caveat worth noting: these figures come from Visa’s Allium-powered on-chain analytics, which strips out non-economic activity like bot transactions, exchange transfers, and other noise.
As of late June, USDC’s circulating supply stood at approximately $73.7 billion. The total stablecoin market capitalization, meanwhile, exceeded $315 billion. USDC turned over its entire supply roughly 16 times in a single month.
Why USDC is winning the volume war The US has spent the better part of two years building a clearer framework for stablecoin issuers. Circle, as a US-domiciled company that has leaned hard into compliance since its founding, has been the most obvious beneficiary. When banks, payment processors, and corporate treasuries need to move dollar-denominated value on-chain, they’re increasingly reaching for the token that comes with a regulatory seal of approval.
Tether remains the dominant stablecoin by market capitalization and continues to serve as the primary trading pair on many offshore exchanges. USDC’s lead suggests it’s winning the use case that arguably matters more for long-term adoption: payments and enterprise settlement.
What this means for investors For investors evaluating the broader digital asset landscape, the $315 billion total stablecoin market cap serves as a useful barometer. Stablecoins are the on-ramps, off-ramps, and settlement layer for the entire ecosystem.
The USDC-specific angle matters for a different reason. Circle has been positioning itself as the institutional-grade stablecoin issuer, and the volume data suggests that bet is paying off. If and when Circle pursues a public listing, these numbers become the core of the investment thesis: not just supply growth, but velocity and genuine economic utility.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
ANSEM's market capitalization hits a new record high, briefly exceeding $440 million.
According to GMGN monitoring data, Solana ecosystem meme coin ANSEM has hit a new all-time high market capitalization, peaking at $449 million, currently trading at $420 million, with a 24-hour trading volume of $51.5 million. BlockBeats Note: Meme coin trading is highly volatile, largely reliant on market sentiment and concept hype, with no actual value or practical use cases. Investors should exercise caution regarding the associated risks.
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Well-known Ethereum bull James Fickel transfers 20,000 ETH.
According to Onchain Lens monitoring, prominent ETH bull James Fickel transferred 20,000 ETH (valued at $36.19 million) from Coinbase Prime to a new wallet two hours ago. Earlier this June, prior reports noted, Fickel — a well-known Ethereum long bull and crypto investor — moved 10,000 ETH from a Coinbase custodial address to a deposit address, worth roughly $18.62 million at current prices, likely for subsequent trading operations.
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USDC accounted for around 70% of adjusted stablecoin trading volume in H1, further widening its lead over USDT.
According to on-chain data from Visa, in the first half of 2026, Circle’s stablecoin USDC accounted for approximately 70% of adjusted stablecoin trading volume, further widening its lead over rival Tether’s USDT. In the same period, USDT held a roughly 25% share. The data shows adjusted stablecoin trading volume hit a record $1.79 trillion in June, up 63% from $1.1 trillion in May and 125% from around $795 billion in June 2025. When calculating adjusted trading volume, Visa excludes bot activity, exchange transfers, and other blockchain transactions that do not reflect genuine economic activity. The data release comes as banks and other financial institutions expand their use of stablecoins in payments, settlements, and fund management. Standard Chartered and BNY Mellon recently added services related to Circle’s USDC rather than building their own infrastructure, reflecting that amid rising activity and demand for fiat-pegged digital assets, financial institutions are increasingly leveraging established stablecoin networks. Adjusted stablecoin trading volume totaled $8.82 trillion in the first six months of this year, higher than the full-year 2024 figure of $5.8 trillion, but still roughly $2 trillion lower than the 2025 record of $10.8 trillion. In 2020, USDT once accounted for nearly 90% of adjusted trading volume, while USDC held less than 10%; by 2022, USDC’s share had risen to around 45%.
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Trump: Short sellers are taking a heavy hit, and I've never liked short sellers.
US President Donald Trump said: "Some short sellers are in deep trouble and are being liquidated. I have never liked short sellers because they are betting against the country."
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Federal Reserve Governor Waller: The Federal Reserve will not deliberately maintain low interest rates.
Federal Reserve Governor Waller said the Federal Reserve will not deliberately keep interest rates low to help the U.S. government finance its fiscal deficit, noting that it is reasonable to consider setting an inflation target range. Fed Chair Walsh is reaffirming the Fed’s commitment to the 2% inflation target, and favors setting an inflation target range, but adjusting the inflation target at this stage would undermine the central bank’s credibility. (Jinshi)
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Ethereum breaks through $1,800
According to HTX market data, Ethereum has broken through the $1,800 threshold, posting a 1.4% gain in the past 24 hours.
Bitcoin’s blockchain is fully transparent, publicly recording every transaction, amount, and address, while Zcash offers optional shielded transactions using zk-SNARK zero-knowledge proof cryptography. Both cryptocurrencies share a 21 million coin supply cap and a halving mechanism, but Zcash allocates a portion of block rewards to ecosystem development funding. Approximately 30% of all circulating ZEC is held in shielded pools as of mid-2026, up from roughly 8% in 2024, signaling genuine growth in privacy adoption. Zcash’s market cap reached nearly $10 billion in 2026, making it the largest privacy coin and overtaking Monero, though still a fraction of Bitcoin’s market value. Bitcoin uses the SHA-256 mining algorithm, while Zcash uses Equihash, originally designed to resist ASIC mining hardware but now also supporting ASIC miners. The most fundamental difference between Bitcoin and Zcash is how each network handles transaction privacy. Bitcoin operates a fully transparent blockchain. Every transaction, wallet address, and amount transferred is permanently visible on the public ledger. Blockchain analysis services like Chainalysis can link wallet activity and trace fund flows across the entire Bitcoin network.
Zcash uses zero-knowledge proofs, specifically a construction called zk-SNARKs, to enable shielded transactions. The Zcash documentation describes two address types: transparent t-addresses that function identically to Bitcoin addresses, and shielded z-addresses that encrypt sender, receiver, and transaction amounts. Transactions between two z-addresses are fully private, while transactions involving t-addresses remain publicly visible.
Edward Snowden has stated that Bitcoin’s lack of privacy represents its biggest structural weakness. BeInCrypto reported his remarks in November 2025, where he argued that Bitcoin was failing as an electronic cash system because cash is largely intended to be anonymous. This perspective gained traction as blockchain surveillance tools became more sophisticated through 2025 and 2026.
CryptoTimes reported that approximately 30% of all circulating ZEC sits in shielded pools as of mid-2026, up from roughly 8% in 2024. The publication noted that this growth matters for two reasons: it signals genuine privacy adoption rather than speculative holding, and it effectively removes those coins from liquid trading markets.
Supply Economics and Mining Algorithm Differences Bitcoin and Zcash share the same supply cap of 21 million coins, and both employ proof-of-work consensus with periodic halving events. Bitcoin launched in January 2009 and has completed four halvings. Zcash launched in October 2016 and follows a similar halving schedule with roughly four-year intervals.
The mining algorithms differ significantly. Bitcoin uses SHA-256, which is now dominated by specialized ASIC mining hardware produced by companies like Bitmain. Zcash uses Equihash, an algorithm originally designed to be ASIC-resistant and favor GPU mining.
However, ASIC miners for Equihash now exist, and the Zcash community voted against ASIC-resistant protocol updates in 2018, citing security concerns, as documented by Commodity.com.
Zcash diverges from Bitcoin in its funding model. A portion of each mined block reward is allocated to ecosystem development funds. During the first four years, 10% of block rewards went to the Founders’ Reward fund distributed among the Electric Coin Company, the Zcash Foundation, and initial investors.
This structure ensures ongoing protocol development but reduces the share of rewards available to miners compared to Bitcoin.
Analysis: Bitcoin’s lack of a development fund creates a decentralization advantage in governance but introduces dependency on voluntary contributions and corporate sponsorship for protocol maintenance. Zcash’s funded approach guarantees development resources but introduces a risk of governance centralization.
The trade-off reflects fundamentally different philosophies about how open-source monetary networks should sustain themselves.
Institutional Adoption and Market Position in 2026 Bitcoin holds a dominant position in institutional adoption. Spot Bitcoin ETFs launched in January 2024 and pulled in $87 billion since inception, according to Plisio research. Bitcoin’s market cap sits near $1.5 trillion, and it trades on every major exchange with deep derivatives markets.
The Motley Fool noted that Iran’s parliament named Bitcoin specifically as an accepted settlement asset for its Strait of Hormuz toll system in late March 2026.
Zcash occupies a different market position entirely. Its market cap reached approximately $10 billion in 2026 after a 1,200% rally from pre-halving lows, CryptoTimes reported. Multicoin Capital co-founder Tushar Jain disclosed the firm had been building a significant ZEC position since February 2026.
Grayscale filed to convert its Zcash Trust into a spot ETF, which held 391,103.89 ZEC worth approximately $99.4 million as of March 2026.
The Bitcoin Foundation reported that the privacy coin sector’s total market capitalization surpassed $30 billion by mid-2026, with over 70 exchange delistings and bans occurring across the EU, Dubai, Japan, and South Korea over the prior five years.
Despite these restrictions, Zcash’s opt-in privacy model has made it more palatable to institutions than Monero’s mandatory privacy, according to Investing News coverage.
Analysis: The institutional gap between Bitcoin and Zcash reflects regulatory reality more than technological merit. Bitcoin’s transparency enables compliance with anti-money laundering frameworks, while Zcash’s optional privacy creates a middle ground. Grayscale’s ETF filing represents the first test of whether regulators will approve a privacy-coin investment product for U.S. retail investors.
Regulatory Implications Regulatory risk remains Zcash’s primary structural challenge. Multiple exchanges have restricted or delisted privacy coins due to AML compliance concerns. The EU’s Markets in Crypto-Assets framework and travel rule implementations have intensified scrutiny of privacy-preserving transactions.
Zcash’s selective disclosure feature, which allows users to share transaction details with auditors while maintaining default privacy, may offer a compliance pathway that fully opaque protocols cannot match.
What’s Next? Zcash is actively developing quantum-resistant protections under its FCMP++ upgrade and working on quantum recovery mechanisms for shielded funds. Grayscale’s spot Zcash ETF application remains pending with the SEC.
Bitcoin’s institutional adoption trajectory continues, driven by ETF inflows and sovereign-level recognition. The two assets serve fundamentally different use cases: Bitcoin as a transparent reserve asset and Zcash as a privacy-preserving transaction layer. All price projections are speculative and should not be treated as financial guidance.
FAQs What is the main difference between Zcash and Bitcoin?
Bitcoin records all transactions publicly on a transparent ledger, while Zcash offers optional shielded transactions using zk-SNARK cryptography that hides sender, receiver, and amounts.
Do Zcash and Bitcoin have the same supply cap?
Both cryptocurrencies cap their maximum supply at 21 million coins and use proof-of-work consensus with periodic halving events that reduce mining rewards approximately every four years.
What mining algorithm does Zcash use, compared to Bitcoin?
Bitcoin uses SHA-256 dominated by ASIC miners, while Zcash uses Equihash, originally designed for GPU resistance but now also supporting ASIC mining hardware after a community vote.
Is Zcash fully private by default in all transactions?
Zcash privacy is optional; users choose between transparent t-addresses that work like Bitcoin and shielded z-addresses that encrypt transaction details using zero-knowledge proofs.
Can institutions invest in Zcash as they invest in Bitcoin?
Institutional Zcash access remains limited compared to Bitcoin, though Grayscale filed to convert its Zcash Trust into a spot ETF in 2026, holding approximately $99.4 million.
Why have exchanges delisted privacy coins like Zcash in some regions?
Exchanges in the EU, Japan, South Korea, and Dubai restricted privacy coins due to anti-money laundering compliance concerns, though Zcash’s optional privacy model faces fewer restrictions.
What percentage of Zcash supply is held in shielded pools?
Approximately 30% of circulating ZEC sits in shielded pools as of mid-2026, a significant increase from roughly 8% in 2024, indicating growing privacy adoption among users.
References Zcash Documentation, ‘Zcash Basics’ CryptoTimes, ‘What Is Zcash? How the Leading Privacy Coin Works,’ May 2026 BeInCrypto, ‘Could Zcash Overtake Bitcoin in the Privacy Era?,’ November 2025 The Motley Fool, ‘Better Store of Value: Bitcoin vs. Zcash,’ April 2026
Paxos says the SEC has ended its investigation into BUSD without recommending an enforcement action, giving the stablecoin sector a rare piece of regulatory relief in the United States.
For more details, visit the official Paxos platform.
TL;DR Paxos says the SEC will not recommend enforcement in its BUSD investigation.The decision removes a major legal question around one of the market’s former top stablecoins.The closure comes as stablecoin regulation is becoming more formal in the U.S. and Europe. The BUSD case mattered because it sat at the intersection of stablecoin issuance, exchange branding, and U.S. securities law. If regulators had pushed a broad enforcement theory, it could have complicated the entire stablecoin market.
A Cleaner Outcome For Paxos Paxos framed the closure as confirmation that its dollar-backed stablecoin activity should not have been treated as a securities violation. That does not create a universal safe harbour for every issuer, but it does weaken the idea that regulated fiat-backed stablecoins automatically belong in the same bucket as speculative tokens.
The decision also lands at a moment when stablecoins are being pulled into clearer legal frameworks. Europe is already enforcing MiCA rules. U.S. lawmakers continue to debate stablecoin legislation. Issuers want clarity, but they also want to avoid regulation through enforcement.
What It Means For The Market BUSD itself is no longer the giant it was during Binance’s peak stablecoin push. The bigger point is precedent and tone. A closed investigation tells the market where the SEC chose not to go, and that can be almost as important as where it chooses to act.
For stablecoin issuers, the message is not that risk has disappeared. Reserve structure, disclosures, redemption rights, and distribution partners still matter. But Paxos now has one of the cleaner outcomes the sector could have hoped for: a formal end to a high-profile probe without an enforcement recommendation.
This article is based on information from Paxos.
This article was written by the News Desk and edited by Samuel Rae.
Chainlink’s Smart Value Recapture product pulled in $3.57 million in revenue last week. Year-to-date, that figure now sits at $12.43 million.
SVR works by capturing what’s called oracle extractable value, or OEV. Every time a lending protocol like Aave needs to liquidate an undercollateralized position, there’s a window where the timing of the oracle price update creates value that would normally leak out to arbitrage bots. SVR runs an auction for the right to trigger those liquidations, captures that value, and splits it between Chainlink and the DeFi protocol hosting the activity.
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Where the money actually goes Of last week’s $3.57 million, roughly $2.3 million flowed back to DeFi protocols and approximately $1.27 million went to Chainlink.
Aave is the dominant player here, accounting for roughly 92% of total SVR revenue. Compound, Venus, and Morpho have also contributed to the recaptured value pool. Aave’s governance voted to adopt SVR on Arbitrum and Base in March 2026.
The other big number in this story is $49.5 million. That’s how much has flowed into what Chainlink calls its Reserve, a mechanism launched in August 2025 that converts enterprise oracle payments and on-chain profits into LINK token acquisitions.
The FastLane acquisition and what it means for SVR’s ceiling SVR launched in late 2024 or early 2025, built initially in collaboration with Aave contributors. Then in January 2026, Chainlink acquired Atlas, the order-flow auction protocol developed by FastLane Labs. Atlas brings more sophisticated transaction ordering and value capture across a broader range of ecosystems, which means SVR’s addressable market expands beyond liquidations to other categories of on-chain value that currently leak to searchers and validators.
What investors should watch The concentration risk around Aave is worth monitoring. At 92% of SVR revenue, any governance shift at Aave, any migration to a competing oracle solution, or any slowdown in Aave’s liquidation volume would have an outsized impact on SVR’s weekly figures. The Arbitrum and Base expansions reduce that dependency at the margin, but the current revenue picture is essentially an Aave story.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Red candles don’t scare everyone off the market this week. Polkadot sits near $0.83 after a 6.53% weekly slide, still pinned below its major moving averages, while Zcash trades closer to $411.72 following a steadier 3.22% bounce off support. Both charts tell a familiar story of hesitation, sellers still holding one asset down and buyers slowly testing their footing under the other.
Then BlockDAG (BDAG) shifts the conversation entirely. Priced at $0.00000066 with a $0.03 buyback figure, the math points toward a 150X outcome, and a 100% World Cup bonus can push that toward 300X. BlockDAG X has opened pre-registration, and anyone who signs up before launch walks away with $1,000 in trading credit, making it the top crypto to buy today.
Polkadot Slips to $0.83 Under Bearish Pressure Table of Contents
Polkadot Slips to $0.83 Under Bearish PressureZcash Holds Key Support Signaling Potential ReboundBlockDAG X Pre-Registration Delivers $1,000 Credit BonusConclusion The Polkadot price recently dipped to $0.83, marking a 6.53% decline over the past week. This drop keeps the asset well below its key weekly moving averages, confirming that sellers still control the market’s medium- and long-term direction.
Technical indicators like the MACD and RSI show strong downward momentum, with no immediate buy signals in sight. Because of this, the Polkadot price is expected to consolidate between $0.75 and $0.91 over the next week.
While the outlook remains cautious, some analysts suggest these deeply oversold conditions could eventually set up a reversal. However, until the Polkadot price breaks above $0.91, the current downtrend is likely to continue.
Zcash Holds Key Support Signaling Potential Rebound The Zcash price has shown early signs of a rebound, recently rising 3.22% to trade around $411.72. The coin is currently holding a critical support zone, which technical analysts suggest could serve as the starting point for a broader recovery.
While buying pressure is slowly building, the Zcash price needs to clear immediate resistance levels at $428 and $436.92 to confirm a true bullish breakout. Bollinger Bands show that while selling pressure has eased, the market remains in a consolidation phase.
If buyers fail to defend the current support levels, a drop toward $361.92 could complicate recovery efforts. Ultimately, clearing these overhead barriers is essential for the Zcash price to sustain its upward momentum.
BlockDAG X Pre-Registration Delivers $1,000 Credit Bonus BlockDAG continues to strengthen its position as one of the top crypto projects to watch, but its biggest milestone yet has just arrived. BlockDAG X is now officially live for pre-registration, marking the project’s next major step ahead of its full exchange launch in just 14 days. With the ecosystem expanding rapidly and the exchange almost here, the timing has made the overall BlockDAG story even more compelling.
The excitement around BlockDAG X goes beyond the launch itself. Users who pre-register at BlockDAGX.io will receive $1,000 in trading credit when the exchange goes live, with Spot Trading, Futures Trading, and dedicated iOS and Android apps available from day one. Those who enter the code “EARLY” will also unlock Priority Buyback Access, moving their payout date forward from October 1 to September 1, an added incentive for early participants.
The exchange launch is backed by an ecosystem that is already seeing significant real-world activity. The BlockDAG Casino has attracted more than 13,000 users in its first month alone, generating over $15 million in deposits and more than $150 million in wagers. These figures highlight that BlockDAG is building products people are actively using, rather than relying solely on future expectations.
The project’s pricing structure further boosts momentum. BDAG is currently available at just $0.00000066 per coin, while holders can sell their coins back to the network for $0.03 each, representing a potential 150X return. On top of that, the World Cup Bonus doubles every BDAG purchase with 100% extra coins, increasing the upside to a potential 300X return.
With BlockDAG X now open for pre-registration, a fully functional exchange launching in just two weeks, an ecosystem already generating millions in user activity, and a pricing model built around significant upside, BlockDAG is entering its next phase with considerable momentum and growing anticipation.
Conclusion Polkadot’s slide to $0.83 and Zcash’s climb toward $411.72 sum up a week where caution and confidence sit side by side, with $0.75-$0.91 and $428-$436.92 as the levels to watch.
BlockDAG closes the stretch as the top crypto to buy today, with BlockDAG X pre-registration live, $1,000 in trading credit for early sign-ups, Spot and Futures trading, iOS and Android apps, and the EARLY code moving payouts to September 1. Its casino has drawn 13,000 users, $15 million in deposits, and $150 million in wagers, while $0.00000066 against a $0.03 buyback points toward 150X, doubled to 300X by the World Cup bonus.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
HBAR continued its downward trajectory on Tuesday, signaling the cryptocurrency has reached a critical juncture according to several technical indicators. Over the last 24 hours, HBAR lost approximately 2% and was trading at $0.07359 based on CoinMarketCap data. The token’s daily trading volume stood at $81.46 million, while its market capitalization was estimated at about $3.21 billion.
Historic support region back in focusCrypto analyst Crypto Patel pointed out that HBAR has declined by roughly 83% from its most recent local peak. This correction has brought the price range down to between $0.058 and $0.042 on the weekly chart—a zone Patel identifies as a long-term buying opportunity. According to the analyst, this region has previously acted as a strong support level, attracting robust buying interest in the past.
Patel also noted that HBAR has now entered an order block on the weekly timeframe. In technical analysis, such areas are viewed as zones where sustained corrections might end and renewed buying demand can emerge.
Glossary: An order block is a technical analysis concept describing price regions that have previously sparked significant buying or selling reactions. Investors track these areas as potential supply or demand zones where new trading momentum could develop.
According to Crypto Patel, HBAR’s market structure remains intact as long as the weekly price holds above $0.0356. However, for a broader trend reversal to be confirmed, he emphasized that the asset would need to break through its long-term descending trendline and retest that level.
Key levels to watch for a trend reversalThe analyst highlighted that HBAR needs to climb above the descending trendline, which has capped the price for weeks, to reinforce any bullish outlook. Until a decisive breakout occurs, the current pattern remains only a potential breakout attempt, not a confirmed reversal.
If a breakout does materialize, Patel identified technical targets at $0.16, $0.35, and, over the longer term, $1.00. This scenario suggests a possible gain of about 1,600% from current levels. However, these projections are grounded in technical inferences drawn from previous price cycles.
Tracking historical cycles and derivatives dataIn 2020, HBAR established a base around a critical support area for months, then surged roughly 1,800% in 2021. The subsequent bear market from 2022 to 2023 saw HBAR lose about 94% of its value, before rebounding by close to 800% during the 2024 rally. With the recent correction, HBAR now hovers near this long-term support range once again.
Meanwhile, derivatives market data suggests a waning of investor interest in the short term. Open interest shrank by 5.21% to $90.60 million. Trading volume also fell by 28.79% to $90.07 million, reflecting a reduction in leveraged positions across the board.
Weighted funding rates for open positions remained negative at -0.0018. This indicates that demand for short positions is marginally higher than for longs. Moving forward, the market will be closely watching to see whether HBAR can hold its weekly demand zone and break out of the downward trendline.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
A HyperSwap user lost about $12,300 after clicking a fake airdrop link on X, approving one wallet request, and unknowingly giving a scammer control of his funds.
BeInCrypto reconstructed the attack with the victim using public blockchain records. The records show a fast phishing operation inside the Hyperliquid ecosystem.
The scammer took the victim’s position on HyperSwap, withdrew the funds behind it, converted them into HYPE, and moved the money to Ethereum in less than two minutes.
Note: HyperSwap is an exchange that runs on the Hyperliquid blockchain. HyperSwap has its own team, and Hyperliquid does not manage it — just as the creators of Ethereum do not manage applications like Uniswap running on it.
The Trap Started With a Fake X Account The victim used HyperSwap. Like other decentralized exchanges, it lets users trade directly from their wallets without a company holding their funds.
The victim had supplied money to a HyperSwap liquidity pool. In simple terms, he had deposited crypto, so other users could trade against it. In return, he could earn fees.
On HyperSwap V3, that position was represented by NFT #178549. This was not a picture or collectible. It was more like a digital receipt. Whoever controlled that NFT controlled the funds linked to the position.
The victim told BeInCrypto he saw a post on X promoting an airdrop. An airdrop is a token giveaway, often used by crypto projects to reward users.
The Scammer’s Post Using a Fake X Account with a Very Similar Username to the Official HyperSwap Account The post appeared to come from HyperSwap. It did not. It came from an impostor account with a handle that closely resembled the real HyperSwap account, HyperSwapX, which is linked from the project’s official website.
The victim followed the link and connected his wallet. He believed he was checking whether he qualified for the airdrop. Instead, he approved a transaction that gave the scammer permission to move his HyperSwap position.
That approval was the key moment.
One Approval Gave the Scammer Control Crypto wallets often ask users to approve transactions. Some approvals are harmless. Others give another address permission to move valuable assets.
To most users, the warning can look routine. A fake site can make a dangerous approval look like a normal step in claiming tokens.
That appears to be what happened here.
At 20:21:51 UTC on June 29, the scammer used the earlier approval to transfer NFT #178549 out of the victim’s wallet. The victim did not sign anything at that moment. The scammer had already secured permission.
The scammer’s address was 0x880C95246D7525b84902E6c040818a7C72d3Aa77. HyperEVM explorer records flagged it as Fake_Phishing3746335, with a “Phish / Hack” tag reported by HashDit.
The NFT moved to another scammer-controlled wallet. Once that happened, the attacker controlled the liquidity position.
Twenty-five seconds later, the scammer withdrew the funds behind the NFT. The position contained about 3,935 USDC and 116.6 WHYPE. Together, they were worth roughly $12,300 at the time.
Theft transaction in hyperevmscan: On June 29, 2026, the address marked as Fake_Phishing3746335 transferred the victim’s NFT (0x39f2…0f9E) to his wallet The Money Was Moved Fast After withdrawing the funds, the scammer prepared to move them away from HyperEVM.
First, the wallet gave permission to LI.FI, a legitimate cross-chain bridge and swap service. A bridge lets users move crypto from one blockchain to another.
There is no evidence that LI.FI took part in the theft. The scammer used it after stealing the funds.
The scammer then converted the stolen USDC and WHYPE into about 175.9 HYPE. Seconds later, the HYPE was bridged from HyperEVM to Ethereum.
The destination was 0xFa47eef42fB2C63DCEA0cAC2295a58036052932D. On Ethereum, that wallet received the funds and almost immediately moved 7.035 ETH onward in one transaction.
The wallet had been created shortly before. It was used once and left almost empty. That pattern is common in laundering chains, where stolen funds pass through temporary wallets to make tracing harder.
From the NFT transfer to the bridge transaction, the active theft took about 84 seconds.
A Wider Phishing Pattern The scammer’s wallet appeared to be part of a broader operation.
Explorer records reviewed by BeInCrypto showed the address had been active for about 33 days. It was also linked to roughly 25 other addresses. That suggests the attacker may have targeted more than one user.
The link to the fraudulent resource has been hanging in messages since June 26 For victims, the problem is practical. Blockchain records can show what happened. They rarely stop it from happening in real time.
Once a user signs a bad approval, the scammer can act quickly. Once funds move across chains, recovery becomes even harder.
The victim later tried to report the suspicious link and get it removed. He said he felt ignored and began to suspect the HyperSwap team had failed to act.
The on-chain evidence reviewed by BeInCrypto points to a phishing attack from an impostor account. The fake X account was separate from HyperSwap’s official account. The official HyperSwap account and official contract were not shown to have carried out the theft.
However, the victim’s experience highlights a serious weakness in the ecosystem. Users can be attacked through fake social media accounts, drained through confusing wallet approvals, and left with few clear options after the money is gone.
During a conversation with BeInCrypto journalists, the victim stated that they tried various ways to warn the Hyperliquid team about the scam, but received no response.
According to the victim, the only active communication channel with HyperSwap was Discord. At the time of writing, the link to it is invalid. So he tried to get the problem across to the ecosystem team where the project works, but that attempt was unsuccessful.
The screenshot shows our interlocutor trying to reach Hyperliquid support via Discord. In this case, the Hyperliquid command ignores the user’s request to send a message about the found vulnerability and prompts him to contact HyperSwap himself. Overall, the scammer’s method was simple. A fake account promoted a fake airdrop. A fake site secured wallet approval. A flagged phishing wallet took the victim’s HyperSwap position, emptied it, and moved the funds to Ethereum.
The loss was about $12,300. The theft took less than two minutes.
The victim suggested that HyperSwap employees may be involved in the theft or are deliberately hiding it. However, BeInCrypto could not find any exact information to support those claims.
Traders usually name a market cycle after an asset when bullish sentiment reaches an extreme.
Currently, that seems to be happening with Solana [SOL]. Several traders who were bearish on SOL just weeks ago have now flipped bullish. The sudden shift was so noticeable that it even fueled speculation on social media, with some users questioning whether Solana was paying analysts to push a pro-SOL narrative.
More recently, Ansem added to the buzz by calling SOL undervalued and arguing that it has the potential for a 100x move, citing the network’s ecosystem upgrades and continued growth. The biggest talking point, however, came from another analyst who predicted that SOL could hit $1,000 this cycle, calling the current market phase the “Solana cycle.”
Source: X Technically, that target looks like a stretch.
Solana is still struggling to reclaim the $100 level, so a move to $1,000 this cycle remains a long shot. That said, the on-chain data is telling a different story. Over the past two weeks, the network has added more than 1.6 million new addresses, a sign that user activity continues to accelerate.
Meanwhile, around $120 million worth of SOL has been withdrawn from exchanges over the past week. Growing network activity combined with steady exchange outflows suggests demand is picking up while more holders are moving their tokens off trading platforms, reducing immediate sell-side pressure.
That said, Solana’s biggest growth catalyst may not be network expansion alone. Instead, the real momentum appears to be coming from sector-specific demand, making the idea of a “Solana cycle” heading into H2 less far-fetched than it first appears.
Memecoin demand strengthens Solana’s outlook The memecoin market collapse is becoming a key driver of the 2026 cycle.
According to CoinMarketCap data, the total memecoin market cap has declined by over $10 billion so far this year and remains in the red, reflecting fading interest in meme-based tokens. Notably, this weakness is also visible in the data, with memecoin dominance falling sharply to 3.7%, its lowest level since February 2024.
However, Solana is clearly diverging from the broader market trend. As the chart shows, Solana-based memecoins have been in a steady uptrend since June, with Bonk [BONK] leading the move with over 13%+ gains during the period. Meanwhile, Pump.fun has climbed to the top spot by 24-hour DEX volume, surpassing Uniswap, as memecoin trading activity on Solana picks up again.
Source: CoinGecko In simple terms, Solana network usage isn’t just driven by spot demand.
Instead, growth in new addresses has lined up with strong memecoin momentum on the network, showing that interest in Solana-based memes remains firm even as the broader memecoin market cools. That gives SOL a clear edge in the current setup.
So, while SOL may still be far from a $1,000 rally from a technical standpoint, the underlying demand and activity still support the idea of a “Solana cycle.” That keeps SOL a key altcoin to watch heading into H2.
The Solana ETF race is no longer a one-issuer experiment. 21Shares has filed an S-1 registration statement for a Solana trust, adding another major name to the push for regulated SOL exposure in the United States.
For more details, visit the official SEC platform.
TL;DR 21Shares has filed a Solana S-1 registration statement with the SEC.The filing adds momentum to the race for the first U.S. Solana spot ETF.The proposed trust would deepen the institutional conversation around SOL. The filing matters because ETF markets are partly about timing and partly about signalling. When multiple issuers pursue the same asset, it tells advisers and institutions that the asset is no longer being treated as a niche trade by fund sponsors.
Solana Moves Into The Fund Pipeline Bitcoin opened the door. Ethereum pushed the conversation wider. Solana is now testing whether the SEC is willing to consider a broader set of crypto assets for spot fund products. That is a difficult jump, but the filing gives the market a concrete document to evaluate rather than just speculation.
For SOL, an ETF would not simply add a new trading wrapper. It would change who can access the asset and how. Financial advisers, managed portfolios, and brokerage platforms often prefer regulated fund structures over direct token custody. That is the opportunity issuers are chasing.
Approval Is Still The Hard Part The SEC will still have to weigh market surveillance, custody, liquidity, and the long-running question of how Solana should be classified. None of that disappears because more issuers are interested.
Still, the direction is clear. Solana is being treated as the next serious candidate in the crypto ETF pipeline. Whether approval comes quickly or not, the filing itself pushes SOL further into institutional asset-allocation discussions.
This report is based on the 21Shares S-1 registration statement filed with the SEC.
This article was written by the News Desk and edited by Samuel Rae.
Here’s a sentence you probably didn’t expect to read today: there’s a Solana-based meme token called “Jail Achraf Hakimi” that’s been trading with real volume while the man himself captains Morocco at the 2026 FIFA World Cup.
The 27-year-old Paris Saint-Germain defender lost an appeal on June 19, 2026, when the Versailles Court of Appeal confirmed he must stand trial on rape charges stemming from a 2023 incident. That same day, he played the full 90 minutes as Morocco beat Scotland in a group stage match.
The legal backdrop, and the tokens feeding off it Preliminary charges against Hakimi were filed in March 2023, based on accusations from a 24-year-old woman. Hakimi has denied all allegations and plans to continue his legal challenges. If convicted, he faces a maximum sentence of 15 years.
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Moroccan coach Mohamed Ouahbi has publicly backed his captain, stating the team is “behind him.” Hakimi has captained Morocco throughout the World Cup group stage.
A fan token trading under the ticker AH and a separate Solana-based meme token branded around Hakimi’s name have both experienced notable volatility. The trading activity appears to correlate directly with on-field performances and courtroom developments.
Why crypto traders care about a football trial What makes this case worth watching is the dual catalyst structure. Hakimi generates headlines from two completely separate arenas: football matches and court rulings. Each creates a potential volatility event for tokens tied to his name.
That said, the broader trading community appears cautious. There’s been limited substantive market commentary or analysis around these tokens, suggesting that most serious participants view them as high-risk, low-conviction trades rather than anything resembling an investment thesis.
The bigger picture for sports and speculative crypto The speed at which Solana’s infrastructure allows anyone to create and list a token means that the gap between “trending topic” and “tradeable asset” has collapsed to essentially zero.
The tokens have no fundamental backing, no team behind them with a product roadmap, and no mechanism for value accrual beyond speculative demand. Traders considering exposure to personality-driven meme tokens should remember one reliable rule: the people who profit most from these trades are the ones who create the tokens, not the ones who buy them after they trend on social media.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana price has held above key technical support even after slipping 1.7%, while U.S.-listed spot Solana ETFs have continued attracting fresh inflows as Bitcoin and Ethereum funds recorded weekly withdrawals.
Summary
Solana held above key support as $5.75 million in spot ETF inflows contrasted with Bitcoin and Ethereum fund outflows. Solana ranked second in weekly spot trading volume, while non-vote transactions topped 1 billion for the first time. Rising active users, strong DApp revenue, and bullish technical indicators continue to support Solana’s recovery. After climbing more than 15% last week, Solana (SOL) price met selling pressure near the $80 level, where traders again defended resistance amid the broader market pullback. Even after the recent recovery, the token remains about 73% below its all-time high of $294.33 reached on Jan. 19, 2025.
Meanwhile, Bitcoin fell 1.65% during the same period, dragging the total cryptocurrency market capitalization down 1.47% to $2.14 trillion.
ETF demand has stayed positive despite market weakness Fund flow data showed Solana diverging from the two largest cryptocurrencies during the latest reporting period. Spot Bitcoin ETFs recorded net outflows of $527 million between June 29 and July 2, extending their losing streak to eight consecutive weeks. Spot Ethereum ETFs also registered net outflows totaling $13.67 million.
By contrast, U.S.-listed spot Solana ETFs attracted $5.75 million in net inflows over the same period. The inflows indicated that investors continued adding exposure despite weakness across the wider digital asset market.
Capital also moved into several other altcoin investment products. XRP ETFs recorded $17.19 million in net inflows, while HYPE ETFs added another $4.32 million during the week.
Away from fund flows, on-chain activity continued to strengthen. According to SolanaFloor, Solana ranked second in global spot crypto trading volume for the second consecutive week, processing $12.25 billion across centralized and decentralized exchanges. That total remained ahead of Bybit’s $10.57 billion, although Binance retained the top position among exchanges during the reporting period.
SolanaFloor also reported that weekly non-vote transactions surpassed one billion for the first time. Unlike validator voting activity, non-vote transactions represent actual network usage generated by users, decentralized applications, and traders. The sharp rise at the beginning of July points to heavier activity across the ecosystem.
Technical structure still favors buyers above key support Network participation has accelerated alongside the recovery. According to Artemis data, Solana’s weekly active addresses climbed from 16.8 million to 29.7 million in just two weeks, an increase of roughly 12.9 million wallets, or about 76.8%. The rebound followed slower activity during June as users returned to decentralized applications across the network.
Source: Artemis Separate ecosystem rankings also kept Solana at the top of several blockchain activity metrics. The network led all Layer 1 and Layer 2 chains in both 24-hour and seven-day decentralized application revenue while also recording the highest decentralized exchange trading volume over those periods. Polygon, Ethereum, Base, BNB Chain and Hyperliquid followed behind across the tracked categories.
Price action continues to support the improving network data. On the daily chart, Solana remains above its 20-day, 50-day and 100-day moving averages, while the MACD indicator is still in bullish territory despite momentum easing after last week’s rally.
Solana daily price chart — July 6 | Source: crypto.news On the 4-hour chart, the Supertrend indicator continues to hold below price near $78.30, and Chaikin Money Flow has stayed slightly above zero, indicating modest buying pressure.
Solana price 4-hour chart — July 6 | Source: crypto.news The latest consolidation has left immediate resistance around the recent high near $84, while the Supertrend level near $78 and the Fibonacci support around $76 remain the first areas buyers may need to defend if selling pressure returns. Together with steady ETF inflows and rising network activity, those technical levels suggest Solana’s recovery remains intact unless those support zones give way.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
In a recent article, Chase Barker, Founder Ecosystem Growth at the Solana Foundation, declared revenue to be “the new meta.” Solana manlets took those words to heart because, for the first time in 4 months, Solana has reclaimed the top position among all blockchains by daily Network Real Economic Value (REV), highlighting renewed demand for blockspace across the network.
Network REV measures the fees and tips users pay for general-purpose blockspace. Unlike transaction fees alone, the metric combines both in-protocol fees and out-of-protocol tips to provide a broader picture of the economic value generated by blockchain activity. The latest data placed Solana ahead of every competing blockchain in daily REV, reflecting stronger onchain demand.
The milestone comes as several of Solana's key network metrics continue to reach new highs.
Trading and Transaction Records Continue Solana processed more than 1 billion non-vote transactions during the past week, setting a new all-time high for weekly transaction activity.
The network also ranked No. 2 globally in combined DEX and CEX spot crypto trading volume for the second consecutive week. Solana recorded $12.25 billion in weekly trading volume, ahead of Bybit's $10.57 billion and trailing only Binance.
Price action also improved. According to CoinGecko data, $SOL gained more than 27% over the past month and now trades roughly 33% above its recent low of $60, making it the strongest performer among the top 10 cryptocurrencies by market capitalization during the latest rally.
Q2 Showed Broad Growth Solana's return to the top of the Network REV rankings follows a record-breaking Q2 2026. The network processed $4.84 billion in tokenized equity spot trading volume, capturing more than 96% of the market for the 4th consecutive quarter.
Solana dApps generated $257 million in revenue, extending their lead for a 9th straight quarter, while quarterly non-vote transactions reached roughly 9.8 billion, representing 59% of all blockchain transactions. Perpetual futures volume climbed to a record $183 billion, and the Foundation's delegated stake declined to 4.92% of the total network stake as decentralization efforts continued.
These milestones came despite bear market conditions, suggesting the network could be well-positioned for further growth if Q2 marked the cycle's bottom.
Revenue Reflects Real Usage In the aforementioned article, Chase Barker argued that revenue has become one of the clearest indicators of blockchain health. He noted that fee generation reflects real user activity rather than speculation, and that protocols creating value directly onchain strengthen Solana's long-term economic network effects.
Solana's return to the top of the Network REV rankings aligns with that view, suggesting that increasing user activity, higher transaction demand, and growing protocol usage continue to translate into measurable economic value across the network.
Read More on SolanaFloor Exponent Strategy Vaults Spearhead Next Evolution of Solana DeFi
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Staking has become one of the most common ways for crypto investors to earn passive rewards, but not every staking model works the same way.
Established blockchain networks like Ethereum and Solana generate rewards by helping secure their blockchains, while many newer projects introduce staking as part of a broader ecosystem designed to encourage participation before and after launch.
MemeToro ($MT) follows the second approach. Its staking program offers 35% APY, making it noticeably different from traditional Layer-1 staking. Understanding where those rewards come from helps explain why comparing the three systems requires more than simply looking at headline percentages.
Ethereum and Solana Reward Different Types of Participants Ethereum and Solana both rely on staking to support network security, but they currently produce different reward profiles.
Ethereum staking yields have flattened during 2026, with validators generally earning between 3.2% and 3.8% APY. Lower Layer-1 transaction fees have reduced MEV activity and token-burning dynamics, limiting the additional rewards that validators previously benefited from.
Solana currently offers stronger returns.
Average staking yields sit between 6.5% and 7.1% APY, supported by high transaction volumes across the network. Increased activity from memecoin trading has boosted validator rewards through priority transaction fees and Jito MEV, while liquid staking products such as JitoSOL and mSOL continue attracting fresh capital.
Although both systems reward token holders, their yields are directly tied to blockchain activity rather than promotional incentives.
Why MemeToro Uses a Different Staking Model MemeToro ($MT) is more than a Layer-1 blockchain.
$MT staking is designed as one component of a broader AI-powered ecosystem that is still under development.
The project currently offers rewards of up to 35% APY, encouraging participants to remain engaged throughout the presale and beyond the eventual exchange listing.
Unlike Ethereum or Solana, those rewards are not generated by validating blockchain transactions.
Instead, they form part of the ecosystem’s participation model alongside automated memecoin creation, decentralized prediction markets, SocialFi features, and behavioral finance tools.
Higher APY Doesn’t Automatically Mean Better Value Many investors naturally compare staking opportunities by looking only at annual percentage yields.
In practice, that tells only part of the story.
Lower-yield networks such as Ethereum often provide greater maturity, deeper liquidity, and years of operational history. Their staking systems have been tested through multiple market cycles and are supported by large validator communities.
Higher-yield opportunities usually involve different trade-offs.
Early-stage projects may offer larger rewards to encourage participation while their ecosystems continue expanding. Those returns can be attractive, but investors also need to evaluate roadmap execution, token utility, adoption, and overall project development.
Comparing APY without considering those factors rarely gives the full picture.
Where Analysts See Staking Trends Moving Broader market conditions are also influencing staking decisions.
The Citigroup Global Markets Research Team recently observed:
“With Ethereum closing out a brutal multi-quarter downward stretch, its structural 3.5% staking yield is no longer enough to hedge against capital depreciation. Risk-on liquidity is moving down-curve into high-throughput ecosystems where network velocity drastically enhances the underlying staking profile.”
That observation reflects a wider shift taking place across crypto.
Some investors continue prioritizing established staking networks, while others are allocating part of their portfolios toward earlier-stage ecosystems that offer different reward structures and growth profiles.
Neither strategy is universally better. Much depends on an investor’s objectives and risk tolerance.
Four Steps to Your $MT Allocation MemeToro built its buying process around speed and security, so anyone can complete a purchase without friction:
Reach the Portal: Click through from the main site to the verified presale interface. Link a Wallet: Connect your wallet and switch it to the BNB Chain network. Pick a Payment Method: Use BNB, ETH, stablecoins, or a card, whichever suits you best. Confirm and Receive: Approve the transaction to add $MT directly to your wallet. Buying early does more than lock in a lower price. Token holders get first access to staking rewards, trading tools, and other features as they roll out across the platform.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
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Somewhere in the Solana memecoin casino, a new contender has quietly surpassed Official Trump ($TRUMP) in market capitalization. The twist: it has significantly less liquidity, which is a bit like owning a mansion you can’t actually sell.
The rise and brutal fall of $TRUMP Launched on January 17, 2025, by entities associated with President Donald Trump, the token briefly commanded a market cap between $15 billion and $27 billion within its first couple of days.
As of early July 2026, $TRUMP trades at roughly $1.67 to $1.68 per token. That puts its market cap at approximately $398 million, representing a decline of over 97% from its all-time high near $73 to $75.
In English: if you put $10,000 in at the top, you’re looking at about $230 today.
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According to Nansen data, nearly one million buyers have accumulated losses totaling around $3.81 billion. Meanwhile, Trump-linked entities that hold significant portions of the supply have reportedly generated hundreds of millions in fees.
Market cap vs. liquidity: why size isn’t everything Market cap is calculated by multiplying a token’s price by its total circulating supply. If a token has a billion units in circulation and the last trade was at $1, the market cap reads $1 billion. But if only $50,000 worth of tokens actually trade on any given day, that $1 billion figure is more theoretical than practical.
Low liquidity creates several concrete problems for holders. Large sell orders move the price dramatically. Slippage eats into returns on both entry and exit. And in a panic, the exit door is extremely narrow, meaning everyone tries to sell at once and only a few get out at reasonable prices.
The fact that this new token surpassed $TRUMP’s $398 million market cap while maintaining far less liquidity suggests the valuation is fragile.
What the Solana memecoin ecosystem looks like now Solana has become the default blockchain for memecoin speculation, partly due to low transaction fees and fast settlement times. Fartcoin became a notable example of the genre, attracting mainstream media coverage for its absurd branding while actually achieving meaningful trading volume for a period.
What this means for investors Nearly one million people collectively lost $3.81 billion on what was arguably the most well-known memecoin launch ever. The token had everything going for it: name recognition, media coverage, political tribalism driving purchases. None of it was enough to prevent a 97% drawdown.
Traders who are tempted by the headline number should be asking pointed questions. What is the daily trading volume relative to market cap? What percentage of the supply is concentrated in a small number of wallets? Is there any liquidity locked, and if so, for how long?
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
BonkDAO, the decentralized autonomous organization tied to the Solana-based memecoin BONK, said Monday it was the target of a malicious governance proposal that drained an estimated $20 million worth of BONK tokens from its treasury, according to a post on its official X account. The DAO said the…
BonkDAO, the decentralized autonomous organization tied to the Solana-based memecoin BONK, said Monday it was the target of a malicious governance proposal that drained an estimated $20 million worth of BONK tokens from its treasury, according to a post on its official X account.
The DAO said the attack routed through a governance vote rather than a smart-contract bug, a vector that has hit other protocols this year, including a June governance takeover at Balancer-linked TOP token pools that drained $1.58 million.
BonkDAO said it has already identified the exchange wallets used to buy BONK ahead of the proposal being submitted, a pattern suggesting the attacker positioned tokens before pushing the malicious vote through. The DAO is "actively working with exchanges, bridges and Solana Foundation to best manage the situation," per its statement.
Law Enforcement NotifiedBonkDAO said law enforcement has been notified and that it continues working with "relevant parties to recover funds and identify those responsible," according to the same post. The DAO did not name a suspect or disclose the specific governance mechanism exploited to pass the proposal.
The disclosure came directly from BonkDAO's verified X account, with no on-chain transaction hash, security-firm tracing report, or third-party confirmation yet available. BONK is among the largest Solana memecoins by market capitalization, and a governance-level treasury drain of this size marks one of the larger DAO exploits reported this year via the proposal-attack vector rather than a code vulnerability.
In brief BONK suffered a $20 million exploit related to a malicious governance attack. A passed proposal sent 4.4 trillion BONK tokens to an alleged attacker's address. The meme coin team is working with exchanges and the Solana Foundation to manage the situation. BonkDAO, the decentralized autonomous organization tied to the popular Bonk meme coin on Solana, fell victim to a "malicious" governance attack that resulted in a roughly $20 million heist from its treasury.
The team behind the meme coin and its various endeavors said it is working with centralized exchanges, network bridges, and the Solana Foundation as it navigates the situation.
“During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal,” the meme coin account posted on X.
“Law enforcement has been notified,” it said. “BonkDAO continues to work with relevant parties to recover funds and identify those responsible.”
BonkDAO was the target of a malicious governance proposal resulting in an estimated $20M worth of BONK tokens being drained from the BonkDAO treasury.
During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal. BonkDAO is…
— BONK!!! (@bonk_inu) July 6, 2026
Dubbed a “drain,” by the meme coin project, the incident took place around 4:00 a.m. ET on Monday, when more than 4.4 trillion BONK tokens, valued at $19.3 million at the time of writing, were transferred from the treasury wallet to an address ending in “JHvQ.”
That event was highlighted as the second key instruction in a Bonk Improvement Proposal #76, a governance proposal submitted and passed using BonkDAO’s governance platform.
Entitled “Sowellian BonkDAO,” the proposal sought to “implement Sowellian governance, install new members and council, rebuild from the ashes, monetize holdings, and stop the bleeding.”
It also indicated that all “yes” voters would be eligible to receive BONK tokens. But the tokens that moved to “JHvQ”—a wallet identified by Solana blockchain explorer Solscan as being funded via a Bybit account—have not been distributed to any other parties. Instead, they were transferred around 3:30 p.m. ET to a different Solana address ending in “eh42.”
As a result of the incident, crypto exchanges have taken action. South Korean exchange Upbit and American exchange Kraken have both paused deposits and withdrawals of the BONK token, with the former citing “user protection measures following the circumstances of a security incident.”
BONK, once a top 100 crypto token by market cap, has fallen around 7% in the last 24 hours to trade around $0.0000043. That price is around 93% below its all-time high mark of $0.000058.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
In brief BONK suffered a $20 million exploit related to a malicious governance attack. A passed proposal sent 4.4 trillion BONK tokens to an alleged attacker's address. The meme coin team is working with exchanges and the Solana Foundation to manage the situation. BonkDAO, the decentralized autonomous organization tied to the popular Bonk meme coin on Solana, fell victim to a "malicious" governance attack that resulted in a roughly $20 million heist from its treasury.
The team behind the meme coin and its various endeavors said it is working with centralized exchanges, network bridges, and the Solana Foundation as it navigates the situation.
“During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal,” the meme coin account posted on X.
“Law enforcement has been notified,” it said. “BonkDAO continues to work with relevant parties to recover funds and identify those responsible.”
BonkDAO was the target of a malicious governance proposal resulting in an estimated $20M worth of BONK tokens being drained from the BonkDAO treasury.
During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal. BonkDAO is…
— BONK!!! (@bonk_inu) July 6, 2026
Dubbed a “drain,” by the meme coin project, the incident took place around 4:00 a.m. ET on Monday, when more than 4.4 trillion BONK tokens, valued at $19.3 million at the time of writing, were transferred from the treasury wallet to an address ending in “JHvQ.”
That event was highlighted as the second key instruction in a Bonk Improvement Proposal #76, a governance proposal submitted and passed using BonkDAO’s governance platform.
Entitled “Sowellian BonkDAO,” the proposal sought to “implement Sowellian governance, install new members and council, rebuild from the ashes, monetize holdings, and stop the bleeding.”
It also indicated that all “yes” voters would be eligible to receive BONK tokens. But the tokens that moved to “JHvQ”—a wallet identified by Solana blockchain explorer Solscan as being funded via a Bybit account—have not been distributed to any other parties. Instead, they were transferred around 3:30 p.m. ET to a different Solana address ending in “eh42.”
As a result of the incident, crypto exchanges have taken action. South Korean exchange Upbit and American exchange Kraken have both paused deposits and withdrawals of the BONK token, with the former citing “user protection measures following the circumstances of a security incident.”
BONK, once a top 100 crypto token by market cap, has fallen around 7% in the last 24 hours to trade around $0.0000043. That price is around 93% below its all-time high mark of $0.000058.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
Aave’s presence on the Celo blockchain just got a lot more visible. Token Terminal announced on July 6 that it now tracks Aave’s on-chain data on Celo, and the first headline number is a big one: monthly active users on the network are up roughly 80% over the past month.
What the numbers actually tell us The 80% MAU increase represents Aave’s user adoption trajectory on Celo since the protocol’s V3 deployment there. Aave V3 went live on Celo on March 17, 2025, following community governance approval the year prior.
Token Terminal, which publishes standardized on-chain metrics across protocols, now provides analytics for Aave on Celo covering active addresses, revenue, and monthly active users.
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The supported asset list on Celo includes CELO, USDC, USDT, cUSD, and cEUR. Transaction costs on Celo sit below one cent, with near-instant finality.
The mobile-first thesis Celo’s entire identity revolves around mobile accessibility. The blockchain was architected from the ground up to work on smartphones, mapping wallet addresses to phone numbers and keeping computational requirements light enough for low-end devices.
Aave founder Stani Kulechov has specifically highlighted the potential for the Celo deployment to onboard new users and connect real-world assets to DeFi opportunities.
Celo already counts hundreds of thousands of daily active users across its ecosystem.
Why this matters for investors The Token Terminal integration provides standardized, publicly accessible data covering how Aave performs on Celo versus other chains, including active addresses, revenue, and monthly active users. That kind of transparency tends to attract institutional money.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Daily Burns Reach One-Month PeakShiba Inu's deflationary mechanism picked up pace heading into the first week of July, with data from burn-tracking platform Shibburn showing that more than 13.8 million $SHIB were permanently removed from circulation in the 24 hours ending July 5. According to @BSCNews, that figure marks the highest single-day burn total recorded in the past month.
The weekly burn rate also turned positive, with 39.17 million SHIB sent to dead wallets over the seven-day period. Over the past 30 days, a combined 112.16 million SHIB have been taken out of supply.
How the Burn Mechanism WorksShibburn tracks the destruction of SHIB tokens by scanning transaction records on the Ethereum blockchain, where the token operates as an ERC-20 asset. The burn address is a wallet that nobody owns or can access, meaning tokens sent there are permanently removed from circulation.
The burn rate measures how quickly SHIB is being removed from supply, though short-term spikes do not automatically create a lasting price increase. Shibarium, the project's Layer-2 network, has made burning more systematic by linking network activity and transaction fees directly to the burn process.
The scale of the task remains significant. SHIB's total supply still runs into the hundreds of trillions, meaning even large burn events barely dent the overall figure. Even so, burn activity can influence investor sentiment, with higher activity often creating a perception of growing scarcity.
The latest uptick in burns came as SHIB was trading up 1.66% in the 24 hours around the July 4 period, reaching approximately $0.0000044.
Shiba Inu continues to follow a well-defined downtrend pattern, with the latest price action reinforcing the broader bearish structure.
The Shiba Inu (SHIB) chart shows sellers maintaining control through a series of lower highs, while each recovery attempt has not been sustainable.
A long-term descending trendline early capped rallies for months, and the recent move fits the same pattern. After slipping below support, SHIB has repeatedly attempted to rebound, but its price has stalled around key resistance zones, raising the possibility of deeper corrections.
Shiba Inu Recovery Attempts Continue to Lose Momentum Shiba Inu trailed beneath a descending trendline between September 2025 and April 2026, consistently making lower highs and lower lows. After breaking out, it made a series of higher lows along an ascending trendline before breaking below it in May. This confirmed the bearish bias.
The SHIB/USDT 4H chart highlights a familiar sequence that repeated throughout the decline. A brief rebound has followed each sharp sell-off, only for earlier gains to be wiped out as the retested resistance attracts fresh selling pressure.
Shiba Inu confirmed this in the early June retest, where its price peaked near $0.00000558. What followed was a sharp decline to a new low of $0.00000430 five days later. Another fakeout happened with a brief rally to $0.00000520 on June 15. Bears regained control and dragged SHIB lower.
Shiba Inu Chart Analysis SHIB Downward Structure Intact Meanwhile, the latest market bounce has carried SHIB back toward the former support area near $0.0000046. The meme coin stalled near the resistance area, which aligned closely with the 100-period moving average. Notably, the loss of momentum there is critical as the dynamic resistance has repeatedly rejected earlier recoveries.
The latest rejection means the overall market structure has not changed. The sequence of lower highs and lower lows remains intact, while repeated failures near resistance indicate that buyers have yet to establish sustained control.
As long as SHIB remains below the 100 MA and the nearby resistance zone around $0.0000046, the broader bias continues to favor the downside. The downside target is a potential decline toward the next support region near $0.0000010, a 77% crash from the current price level.
However, a successful reclaim of the resistance could open the door to a stronger recovery. A decisive move above resistance, supported by sustained buying pressure, would weaken this outlook.
Could SHIB Accumulation Disrupt Bears? While price analysis shows a bearish outlook, on-chain data provides a glimmer of hope. Specifically, Shiba Inu whales are accumulating Shiba Inu through weakness, suggesting confidence in the asset’s price trajectory.
In the past 24 hours, the total exchange netflows have turned negative, highlighting that coins that flowed out surpassed those that entered. The metric increased by 1.43% to a negative 33.5 billion SHIB tokens, worth $146,207.
Shiba Inu Trending Metrics/CryptoQuant Notably, with the negative flow, total exchange reserve dropped slightly to 86.9 trillion. Fewer tokens of these platforms reduce selling pressure. It also means more of SHIB’s supply is in wallets more likely to hold longer. Whether this accumulation disrupts the bearish trend remains to be seen.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Few sectors in crypto have evolved as much as memecoins. What began with community-driven projects like Dogecoin eventually expanded into larger ecosystems such as Shiba Inu. Today, another shift is beginning as artificial intelligence enters the space, changing not only how meme coins are promoted but also how they are launched.
MemeToro ($MT) represents that newer generation. Instead of competing directly with Dogecoin or Shiba Inu as another community token, it focuses on building infrastructure that could influence how future meme projects are created. That difference makes the comparison less about popularity and more about how the sector itself is evolving.
Dogecoin and Shiba Inu Built the Foundation Dogecoin remains the original success story of the memecoin market.
Even after years of market cycles, DOGE continues trading around $0.08595, retaining one of the largest and most recognizable communities in crypto. Despite weaker speculative activity throughout 2026, the project still acts as the entry point for many investors exploring meme assets.
Shiba Inu expanded that formula.
Rather than relying only on community support, the project introduced additional ecosystem products, including Shibarium, while gradually broadening its ambitions beyond being a simple meme token.
Even so, both projects have experienced slower momentum this year.
SHIB has entered another prolonged consolidation period as liquidity shifts toward newer projects, while Dogecoin continues trading beneath several key moving averages as retail participation remains subdued.
Their influence on crypto remains undeniable, but the market they helped create has become increasingly competitive.
Fair Launches Are Becoming Part of the Conversation Launching a meme coin has traditionally depended on developers manually creating smart contracts, managing liquidity, and coordinating token distribution.
That process has also created opportunities for poor execution and, in some cases, malicious behavior.
As the crypto industry matures, investors have started paying greater attention to how projects launch rather than simply how they trade afterward.
Fair launch mechanisms are becoming increasingly important because they aim to reduce unnecessary advantages during token creation while making the process more transparent for participants.
This broader trend is encouraging projects to rethink the infrastructure behind meme coins instead of focusing only on branding.
MemeToro Uses AI to Automate the Launch Process MemeToro ($MT) approaches the problem from an entirely different angle.
Instead of introducing another standalone meme token with its own community narrative, the platform builds around an AI Agent designed to support automated fair-launch memecoin creation.
The system continuously analyzes online conversations, social sentiment, market narratives, and cultural trends before assisting users with creating new blockchain assets through a no-code process.
The emphasis is not simply on automation.
By reducing direct developer involvement during token launches, the platform aims to create a more standardized process that lowers several of the risks often associated with manually deployed meme projects.
Around that launch infrastructure, MemeToro ($MT) is also developing decentralized prediction markets, SocialFi participation, behavioral finance tools, and staking to support broader ecosystem activity.
The Meme Coin Market Is Becoming More Competitive The evolution of meme coins reflects wider changes happening across crypto.
Earlier market cycles rewarded projects primarily through community growth and viral attention. Today’s investors increasingly evaluate whether a project offers products that can continue attracting users after the initial excitement fades.
That shift has influenced both investors and developers.
Working applications, transparent tokenomics, secure fundraising structures, and ongoing ecosystem development now receive considerably more attention than they did during previous meme cycles.
As a result, newer projects are often judged by different standards than Dogecoin and Shiba Inu faced during their early years.
The Next Generation of Memecoins May Be Built Differently Dogecoin and Shiba Inu will likely remain two of the most recognizable names in the memecoin sector because they helped define what the category became. Their communities, history, and cultural impact are difficult for newer projects to replicate.
The next wave of meme projects, however, may be remembered for different reasons. Rather than competing only through branding, many are experimenting with artificial intelligence, automation, and broader blockchain utility. MemeToro fits into that emerging trend by focusing on how meme coins are launched instead of simply becoming another one.
Whether AI-generated fair launches become a lasting part of the industry will depend on adoption over the coming years, but they already represent one of the clearest examples of how the memecoin market continues to evolve beyond its original formula.
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The crypto market has spent much of an eight-month stretch under pressure, shedding more than $2 trillion since peaking in October 2025. Traders are now more optimistic than ever about a potential rebound, buoyed by the broader market’s performance over the past week and, more recently, by altcoin season indicators signalling that capital flows are gradually stabilizing. The market has climbed 8.93% in the past week alone, with net inflows totaling $152.46 billion as momentum continues to build.
Altcoin Season Index Crosses 53 The clearest signal of a possible rebound comes from the altcoin season index, which has crossed the 53 mark at the time of reporting. The altcoin season index measures the flow of capital into other cryptocurrency relative to Bitcoin. The recent surge marks the index’s highest level in three months, reached on June 3, 2026, and points to renewed investor interest.
Source: CoinMarketCap This does not yet mark altcoin season—the period when a broad set of altcoins post significant gains—a phase the market reaches only when the index climbs above the 75 mark. One notable difference this time is that altcoin market capitalization is moving in step with the index. When the index last reclaimed the 53 mark in early June, altcoin capitalization was falling rapidly, but the two are now trending together.
Altcoin Returns Point to a Narrative-Driven Market An analysis of the returns these other cryptocurrencies generated across the market over the past 90 days shows a market now driven by narrative, with the prevailing story determining which tokens rally. Most of the top 10 performers by return cluster around governance tokens, perpetual DEX tokens, AI tokens and privacy coins, alongside a handful of memecoins carrying little to no utility.
Among perpetual DEX tokens, Hyperliquid [HYPE] and Lighter [LIT] have generated 144% and 93% over the period. On the privacy side, Zcash [ZEC] stands out, while governance tokens Terra Luna Classic [LUNC], Aerodrome [AERO] and Jito [JTO] have posted gains of 71%, 79% and 176% respectively.
Source: CoinMarketCap The pattern points to a market that, even as it rallies, is narrowing, with capital rotating among a small set of tokens. Net flows out of the broader crypto market have fallen roughly 18.4% over the past 90 days, with $430.57 billion removed—a measure of how far these select altcoins have run despite the market’s weakened state.
Bitcoin and Ethereum Underperformance Weighs on the Market The market’s largest cryptocurrencies are still struggling and have yet to post gains. Bitcoin [BTC] and Ethereum [ETH], with market capitalizations of $1.27 trillion and $216.40 billion respectively, have both underperformed over the past 90 days, falling roughly 7.7% and 15%.
With the broader altcoin market still down, one reliable signal that a rebound is taking hold would be a sustained move of capital into Bitcoin, the path altcoins tend to follow. At the time of reporting, Bitcoin is up 1.5% over the past day and 6.7% over the past week, holding firm despite the sentiment that followed a recent $216 million Bitcoin sale by Strategy, the firm chaired by Michael Saylor, to help fund a dividend payment.
Germany’s seized Bitcoin stash is back at the centre of the market conversation after wallets linked to the country’s Federal Criminal Police Office moved another large tranche of BTC toward major exchanges.
For more details, visit the official Arkham platform.
TL;DR Arkham-tracked wallets tied to Germany’s BKA have continued sending Bitcoin to exchanges.The flows are being watched closely because exchange deposits can signal potential selling pressure.The story is less about one transfer and more about how much supply the market can absorb. The important detail is where the coins are going. Transfers to Coinbase, Kraken, Bitstamp, and other exchange-linked destinations are not the same as cold-storage reshuffling. They usually make traders ask whether more supply is about to hit the order books.
A Government Wallet Becomes A Market Signal State-held Bitcoin does not move like ordinary whale supply. The wallets are visible, the balances are large, and the market tends to react before anyone can say with certainty whether coins have actually been sold. That is why the German wallet has become one of the most watched addresses in crypto this week.
The selling risk comes at an awkward time for Bitcoin. Spot ETF demand has been choppy, macro traders are still watching rate-cut expectations, and older supply events such as Mt. Gox repayments are also sitting in the background. Put together, the market is dealing with a cleaner version of an old problem: even bullish structure can wobble when too much BTC appears to be heading toward exchanges at once.
What Traders Should Watch The next question is whether these transfers become actual sell orders, and whether buyers are deep enough to absorb them without a sharper move lower. Exchange inflows alone do not prove a sale has happened, but they do tighten the window between potential supply and market impact.
For now, the BKA-linked wallet is not just an on-chain curiosity. It is a live supply story, and Bitcoin traders will keep watching every move until the exchange flows slow down or the market proves it can take the pressure.
This report is based on wallet data from Arkham Intelligence.
This article was written by the News Desk and edited by Samuel Rae.
BONK DAO has confirmed that attackers drained an estimated $20 million worth of BONK tokens from its treasury through a malicious governance proposal.
The stolen funds have reportedly started moving to exchanges, prompting the project to coordinate with exchanges, the Solana Foundation, and law enforcement in an effort to recover the assets. The BONK meme coin fell over 10% on this news.
BONK Price Performance. Source: BeInCryptoBONK DAO Confirms $20 Million Governance AttackBONK DAO has become the latest victim of a high-profile decentralized governance attack after confirming that approximately $20 million in BONK tokens was drained from its treasury.
BonkDAO was the target of a malicious governance proposal resulting in an estimated $20M worth of BONK tokens being drained from the BonkDAO treasury.
During the investigation, BonkDAO identified the exchange wallets used to purchase BONK ahead of the proposal. BonkDAO is…
— BONK!!! (@bonk_inu) July 6, 2026 Follow us on X to get the latest news as it happens
According to the project’s official statement, the attacker successfully passed a malicious governance proposal, allowing treasury funds to be transferred to wallets under their control. BONK said it has already identified the exchange wallets used to accumulate voting power before the proposal was executed.
The team is now working alongside exchanges, the Solana Foundation, bridges, and law enforcement to track the stolen assets and explore recovery options.
How the Attack WorkedPreliminary on-chain analysis shared by blockchain investigators suggests the attacker purchased roughly $4 million worth of BONK to secure enough voting power for the proposal.
Once approved through BONK DAO’s governance system on Solana’s Realms platform, the proposal authorized the transfer of an estimated $20 million from the DAO treasury.
Unlike a smart contract exploit, the incident appears to be a governance attack, where token-weighted voting was used to legitimately approve a malicious treasury transaction.
“Basically $4M worth of BONK was used by the drainer to vote YES for taking $21M worth of BONK tokens from the DAO,” one expert highlighted.
Reports also indicate that portions of the stolen BONK have already begun moving to cryptocurrency exchanges, raising concerns that the attacker may attempt to liquidate the holdings.
BONK Transfers After Hack. Source: ArkhamWhat’s Next for BONK?The investigation remains ongoing, with BONK stating that recovery efforts are underway.
The incident is expected to renew industry debate over DAO governance security, particularly around safeguards such as timelocks, multisignature approvals, and treasury execution delays designed to prevent single governance proposals from draining protocol funds.
Investors will now be watching for updates on potential fund recovery, exchange actions, and whether BONK introduces governance reforms to strengthen treasury protection.
Tether has launched Alloy, a synthetic dollar product backed by Tether Gold, in a move that pushes the stablecoin issuer further beyond simple dollar tokens.
For more details, visit the official Tether platform.
TL;DR Tether has introduced Alloy and its aUSDT synthetic dollar product.The product is backed by Tether Gold (XAUt) rather than traditional cash reserves.The launch shows stablecoin design expanding into new forms of collateral. Most stablecoin stories are about whether a token is backed by dollars, Treasuries, or bank deposits. Alloy is different. It is designed around over-collateralization with liquid gold exposure, creating a synthetic dollar instrument rather than another straightforward fiat-backed token.
Why Gold-Backed Dollars Are Interesting Tether already dominates the conventional stablecoin market with USDT. Alloy suggests the company wants to build a wider collateral platform, where users can hold exposure that behaves like a dollar product while being backed by tokenized gold.
That is a more complex promise than a standard stablecoin. It introduces collateral-price dynamics, liquidation mechanics, and a different risk profile. It also shows why stablecoin issuers are becoming more like financial infrastructure companies than single-product crypto firms.
The Risk Is In The Design The appeal is clear: users get a dollar-denominated asset tied to gold collateral, potentially blending the familiarity of stablecoin units with a different reserve base. The caution is just as clear. Synthetic products need users to understand how collateral, redemptions, and market stress interact.
For Tether, Alloy is a way to test how far its brand can stretch. USDT is the liquidity engine. XAUt is the commodity-backed asset. aUSDT tries to connect the two into something more programmable. Whether traders embrace it will depend less on the headline and more on how it behaves when markets are not calm.
This article is based on information from Tether.
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.
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Sui has crossed the $1 billion total value locked mark on DeFiLlama, giving the Move-based network a clearer claim to serious DeFi liquidity.
For more details, visit the official DeFiLlama platform.
TL;DR Sui’s DeFi TVL has moved above $1 billion, according to DeFiLlama data.Lending and native DeFi protocols are helping drive capital onto the chain.The milestone strengthens Sui’s pitch as a high-performance smart contract network. TVL is an imperfect metric, but it remains one of the easiest ways to see where capital is willing to take smart contract risk. For Sui, crossing $1 billion is a meaningful marker because it moves the chain further away from early-stage experimentation and closer to the conversation around durable DeFi ecosystems.
Liquidity Is The Real Test Fast blockchains are common. Sustainable liquidity is rarer. Users can rotate through incentive programs quickly, especially when yield campaigns are generous. The question for Sui is whether capital stays after the first wave of rewards and novelty fades.
The current growth points to rising activity in lending, trading, and native protocols. That matters because a chain needs more than one flagship app to feel alive. The healthier version of Sui’s growth story is not just that TVL crossed a number, but that more capital is being deployed across several functions.
What Comes After The Milestone The next test is depth. Sui needs liquidity that supports real usage, not just headline TVL. Stablecoin availability, reliable lending markets, strong bridges, and developer retention will decide whether this becomes a lasting DeFi base.
For now, the $1 billion level gives Sui a stronger seat at the table. Move-based chains have been fighting for attention against Ethereum L2s, Solana, and other high-throughput networks. Sui now has a clearer data point to show that capital is paying attention.
This report is based on DeFiLlama data for Sui.
This article was written by the News Desk and edited by Samuel Rae.
According to CoinGecko data, more than $1.4 billion worth of tokens will be unlocked across the cryptocurrency market during the week of January 26 to February 2, 2026. Of this amount, $154.95 million will come from cliff unlocks, where a large batch of tokens enters circulation all at once rather than through gradual distribution.
Sui prepares for the week’s largest unlockThe most significant unlock of the week is expected from Sui, with tokens worth $62.68 million about to be released. Despite this large figure, the event will increase the circulating supply by only 1.14%, suggesting that the price impact could remain minimal. Sui employs a long-term vesting schedule, which means that with each unlock, certain tokens allocated to early investors, the team, and community initiatives gradually become available for trading.
As a layer-1 blockchain operating on its own network, Sui’s token unlocks are closely monitored by the market as a gauge for potential sell pressure. However, when the new issuance represents a small fraction of total supply, it often results in negligible pressure on the charts.
While Sui stands out with a $62.68 million token unlock, the increase in circulating supply is just 1.14%, so any price impact is expected to be limited.
Medium-sized unlocks: Sign’s supply jump stands outFour projects are next in line for weekly unlocks valued between $10 million and $12 million. EigenCloud will release $11.82 million in tokens, amounting to 6.71% of its total supply. Sign will see $11.72 million unlocked.
Sign’s unlock is especially notable for its high supply ratio: the newly released tokens represent 17.61% of the total supply—the highest on this week’s list. Kamino will free up $10.51 million (6.12% of its supply), while Jupiter’s $10.15 million unlock makes up 3.95%. While Sui leads in dollar value, Sign could have a bigger relative impact due to its supply jump.
ProjectUnlock amountShare of total supplySui$62.68 million1.14%EigenCloud$11.82 million6.71%Sign$11.72 million17.61%Kamino$10.51 million6.12%Jupiter$10.15 million3.95%Lower-tier unlocks: Supply ratios take the spotlightAmong the smaller unlocks this week, Optimism will release $9.15 million in tokens, corresponding to 1.62% of its total supply. Ethena is next with a $6.73 million unlock, though this equates to a modest 0.56% impact on its circulating supply.
Sahara AI plans a $5.54 million unlock, equal to 8.30% of its total supply—making it proportionally significant. ZetaChain will unlock $3.47 million (2.10%), and Gunz will add $2.63 million worth of tokens, increasing its supply by 5.70%. As these examples illustrate, dollar amounts alone do not always tell the full story; sometimes, a smaller unlock can generate a stronger impact on supply dynamics.
Market impact: Supply ratio is more critical than amountUltimately, the most important factor in token unlocks is the proportion of new supply entering circulation and the distribution method. Cliff unlocks, which distribute tokens all at once, tend to draw more attention than those spread out in installments. This week, $154.95 million will enter the market via such group unlock events.
A high dollar figure does not automatically mean strong selling pressure—what matters more is the share of new tokens versus existing supply, and whether the distribution is sudden or gradual.
From a ratio perspective, projects like Sign and Sahara AI are particularly notable this week. While Sui leads with the largest dollar value, its modest supply increase suggests a more muted effect. Other unlocks add smaller amounts of new supply at a slower rate. Analysts caution that such developments are not, on their own, definitive sell signals.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Autonomous AI agents playing games, making payments, and chatting pushed Sui's programmable tunnels to a peak of 6,086,766 TPS
Main TakeawaysAI agents and users battled across games, payments, and chat using "programmable tunnels," offchain channels that settle to Sui mainnet when closed.Sui hit a peak of 6,086,766 TPS on July 4, 2026, over six times the experiment's 1 million TPS target.The peak was roughly 20 times higher than Sui's prior benchmark of 297,000 TPS, set in a controlled testing environment.On Saturday, July 4, 2026, Sui processed the highest number of transactions per second ever recorded on its network during a public livestream experiment open to anyone. Using an explorer built for the event, participants logged in with their Gmail address (thanks to Sui primitive zkLogin) and watched AI agents battle head-to-head across games, payments, and chat. The network peaked at 6,086,766 TPS at approximately 12:30 p.m. ET, more than six times the goal and roughly 20 times Sui's previous maximum-TPS benchmark of 297,000 TPS, set in a controlled testing environment.
The throughput was made possible through "programmable tunnels," offchain payment and state channels that settle to Sui mainnet when closed. After signing in with zkLogin, participants received a test token, MTPS, to use during the experiment. Gas was sponsored throughout, so no prior SUI holdings were required. From there, users and AI agents opened tunnels with one another to play games like blackjack and "Quantum Poker," draw on a shared canvas, chat, and transact, all gaslessly and offchain, with every closed channel mutually cosigned and independently verifiable onchain.
“We proved that programmable tunnels aren't just about payments,” said Kostas Chalkias, Chief Cryptographer and Co-Founder at Mysten Labs. “This is agent-to-agent commerce, competitive gaming, and prediction markets running gaslessly at massive scale. A company's trading agent could play chess or poker against another company's agent millions of times without touching the base chain. Consider real-world utility: you could lock funds offchain so someone without internet access, in an earthquake or a blackout, can still pay for groceries the moment they're near a signal again. Right now there are only four or five proven product-market fits in crypto: stablecoins, DeFi, payments, prediction markets. I think programmable tunnels just opened the door to a fifth.”
What's nextMysten Labs and the Sui hacker team plan to build on the experiment with additional capabilities, including confidential transfers via Nautilus, tunnels supporting more than two participants, and agent-to-agent prediction markets. To watch how it unfolded live, check out the recorded livestream.
Alex Van de Sande, a co-founder of the Ethereum Name Service (ENS), proposed Monday that the ENS DAO delegate 5 million ENS tokens from its dormant community treasury to individual participants.
Alex Van de Sande, a co-founder of the Ethereum Name Service (ENS), proposed Monday that the ENS DAO delegate 5 million ENS tokens from its dormant community treasury to individual participants, a step he said would end the DAO's reliance on what he called “just a 1-of-1 multisig.”
“Currently, one delegate has enough quorum to not only execute any proposal, but also to outvote the next 50 other delegates,” Van de Sande said in the proposal, in an apparent reference to ENS co-founder Nick Johnson.
Van de Sande filed the idea as a formal draft, "Reform DAO governance by delegating 5M ENS tokens," in the Meta-Governance section of the ENS DAO's discourse forum. In a post on X, he said participants would not own or be able to sell the delegated tokens, which belong to the DAO, and floated adding another 5 million tokens next year, an undelegation trigger after six months of inactivity, and a full sunset of the arrangement after two years.
Van de Sande said the proposal draws on unclaimed supply from ENS's original airdrop five years ago, which set aside half its tokens as a "community treasury" to be distributed over five years. That window has now lapsed with little of the allocation distributed, he said.
Part of a Wider FightThe proposal follows weeks of conflict over control of ENS DAO's treasury and governance. On June 19, ENS Labs COO Katherine Wu published a temp-check proposal to shift the DAO's operational wallet, ENS holdings and Karpatkey-managed Endowment to a five-seat ENS Foundation board, as The Defiant reported.
Three days later, Johnson said he would self-delegate his ENS to back the measure, a move delegates said gave him effective control of the outcome. Rotki founder Lefteris Karapetsas wrote on the forum that Johnson had "delegated ~50% of the voting supply to himself, essentially becoming the DAO," and Security Council member Brantly Millegan called the proposal "the equivalent of treasury capture by ENS Labs," The Defiant reported.
The dispute widened in late June when Johnson, using that same delegated voting power, blocked an onchain vote to renew the DAO's Security Council, a multisig empowered to cancel malicious proposals already in the timelock queue. Johnson controls an estimated 3.26 million ENS tokens, roughly half of all ENS currently delegated to any address. Christoph Jentzsch, who wrote code for the original 2016 "The DAO," responded by proposing on X that ENS DAO dissolve itself outright, calling the DAO "broken," The Defiant reported.
Both the Foundation temp check and the Security Council renewal remain unresolved. Van de Sande's plan would not change that dispute directly — it draws on a separate, dormant pool of DAO-held tokens — but it lands amid an active debate over whether ENS's governance concentrates too much power in one delegate.
