Track market-moving stories before they get noisy

Key Highlights Ethereum reached approximately $1,715 on July 3, posting gains exceeding 6% over a 24-hour period A seldom-seen monthly TD Sequential buy indication has emerged, previously appearing before significant price surges in 2022 and 2025 United States spot Ethereum ETFs registered $29.08 million in net positive flows on July 2, with BlackRock’s ETHA at the forefront Market observer Daan Crypto Trades identified $1,750 as a critical threshold, characterizing it as a crucial test for ETH’s ability to overcome its downward trajectory Binance ETH withdrawal activity reached a three-year peak, although positive exchange netflow continues to indicate potential selling pressure Ethereum successfully reclaimed the $1,700 mark on July 3, hovering around $1,715 following a robust rally that delivered over 6% gains within a single day. This upward movement returned ETH to a price point that market participants have been monitoring intently following several weeks of sustained downward pressure.

Ethereum (ETH) Price The resurgence coincided with renewed capital entering U.S. spot Ethereum ETFs. According to data from SoSoValue, these investment vehicles captured $29.08 million in aggregate net inflows on July 2. BlackRock’s ETHA product dominated the inflow activity with $29.74 million, whereas Grayscale’s ETHE experienced withdrawals totaling $2.75 million.

Market analyst Daan Crypto Trades shared his perspective on the price action through social channels. He observed that ETH had posted a 10% weekly gain and was challenging the February bottom around $1,750. He characterized this zone as an essential level for reclamation, stating it would “signal some strength.” He further explained that this identical area confirmed a structural breakdown in 2025, lending it historical significance. He acknowledged he held no firm conviction yet and was observing how price action unfolded around resistance at the session close.

$ETH Meanwhile pushing up 10% on the week and retesting that February low at ~$1750 again.

This is a key level to retake and would signal some strength to me. So the question now is whether this is just another lower high in this down trend or the start of something bigger. This… https://t.co/xVT7xRqAwV pic.twitter.com/20Fo4oBawE

— Daan Crypto Trades (@DaanCrypto) July 3, 2026

Ethereum simultaneously generated a monthly TD Sequential buy indication — an uncommon technical occurrence. Market analyst Ali Charts suggested the signal reflects exhaustion among sellers on an extended timeframe. Historical monthly buy signals preceded rallies of 235% in 2022 and 182% in 2025. While the indicator doesn’t validate a fresh bullish trend, it has captured attention among technical market participants.

ETHEREUM: BULLISH REVERSAL SIGNAL

The month of July has officially kicked off with a massive technical signal. The Tom DeMark (TD) Sequential indicator has just printed a buy signal on Ethereum’s monthly chart.

While a lot of volatility can play out within a newly opened… https://t.co/LNkygeYlUV pic.twitter.com/U8t1iKl3Th

— Ali Charts (@alicharts) July 2, 2026

Technical Assessment The MACD histogram registers positively at 19.33, with the MACD line crossing above its signal counterpart. Nevertheless, both indicators remain positioned below the zero threshold, indicating the trend hasn’t completely inverted. The RSI advanced to approximately 51.85, climbing above its moving average of 38.12 and surpassing the neutral 50 benchmark.

Ethereum bounced from a double-bottom formation near $1,565. Immediate resistance is positioned at $1,800, with $2,000 representing the next major obstacle. A concentration of liquidity around $1,740–$1,750 sits just above the current trading range, potentially acting as a magnet for short-term price action.

Market commentator Crypto Patel highlighted that ETH just completed its inaugural streak of three consecutive red quarters since inception — an unprecedented occurrence in Ethereum’s trading history.

For the First Time Since Launch, $ETH Just Recorded Its First-Ever Three Straight Red Quarters.

A Rare Chapter in Ethereum's Market History. pic.twitter.com/IprrGHofjE

— Crypto Patel (@CryptoPatel) July 4, 2026

On-Chain Metrics and Derivatives Analysis Open interest expanded 10.64% to reach $24.54 billion, while ETH trading volume increased 14.48% to $44.74 billion. Funding rates jumped 113.86%, demonstrating that leveraged long positions proliferated throughout the rally.

CryptoQuant analyst Darkfost documented that Binance ETH withdrawal transactions achieved their highest count in three years, exceeding 166,000 within a 24-hour window. Concurrently, analyst PelinayPA observed that Binance ETH exchange netflow remained positive at +12,938 ETH, indicating more ETH deposits than withdrawals from the platform.

Institutional participation persisted. BitMine maintains holdings exceeding 5.7 million ETH following an acquisition of 27,084 ETH. SharpLink secured an additional 10,000 ETH valued at $16.1 million during the recent price decline.

Ethereum surged above $1,700 on July 3, trading close to $1,715 after a rise of more than 6% in the past 24 hours. The move marked a notable recovery from recent downward pressure and brought the cryptocurrency back into the spotlight at a closely watched technical level.

Spot ETF inflows and a critical price thresholdAlongside Ethereum’s climb, US spot Ethereum ETFs saw a sharp uptick in inflows. Data from SoSoValue showed a total net inflow of $29.08 million into these ETFs on July 2. BlackRock’s ETHA fund accounted for the bulk of this movement with $29.74 million in net inflows, while Grayscale’s ETHE fund recorded $2.75 million in net outflows on the same day.

Market analyst Daan Crypto Trades noted that Ethereum jumped 10% on a weekly basis, retesting the $1,750 level that marked the February lows. According to the analyst, holding above this level signals a strengthening price structure and points to a key technical threshold for the asset.

Daan Crypto Trades highlighted that reclaiming the $1,750 zone could be seen as a sign of strength, though he indicated he would keep watching the price action around resistance as the close approached.

Rare technical indicator flashes buy signalA TD Sequential buy signal also appeared on Ethereum’s monthly chart, grabbing market attention due to its infrequency. Technical analyst Ali Charts commented that this signal, while rare, could mean sellers are becoming exhausted on longer time frames.

Mini glossary: The TD Sequential is a technical indicator developed by Tom DeMark, designed to identify points where a market trend may be weakening and potential reversal zones may emerge. It does not, however, confirm a trend reversal on its own.

Historical data shows that previous monthly TD Sequential buy signals have preceded rallies of 235% in 2022 and 182% in 2025. However, analysts caution that a single signal does not guarantee the start of a new uptrend.

Ali Charts emphasized that July began with a strong technical signal for Ethereum, with the market now closely monitoring the TD Sequential buy setup on the monthly chart.

Technical indicators and on-chain market flowsOn the technical side, Ethereum’s MACD histogram entered positive territory at 19.33, with the MACD line moving above the signal line. Despite these moves, both indicators remained below the zero line. The RSI climbed to approximately 51.85, rising above both its moving average and the neutral 50 threshold.

The price recovered from a double-bottom formation around $1,565. In the near term, the first resistance level for Ethereum lies at $1,800, followed by a significant barrier at $2,000. The liquidity concentration between $1,740 and $1,750 is also drawing attention for short-term price action.

In derivatives markets, open interest surged 10.64% to $24.54 billion. Trading volume rose 14.48% to $44.74 billion. Funding rates spiked 113.86%, suggesting a notable increase in leveraged long positions.

On-chain analyst Darkfost from CryptoQuant observed that ETH withdrawals from Binance hit their highest level in three years, exceeding 166,000 in just 24 hours. In contrast, PelinayPA noted that Binance’s net flow stood at a positive 12,938 ETH, meaning more ETH was deposited than withdrawn. On the institutional side, BitMine added 27,084 ETH to surpass a total holding of 5.7 million ETH, while SharpLink acquired 10,000 ETH valued at $16.1 million during the recent drop.

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.

Ethereum is struggling to hold above its long-term ascending trendline, with market participants closely watching the weekly close for signs of direction. The technical setup shows the price caught between a strong support level and a down-sloping resistance area, tightening the range and highlighting the significance of the current zone.

Long-term structure approaches a critical thresholdOn the weekly chart, the dominant pattern for Ethereum is a broad triangle formation that has developed over several years. The lower trendline has historically provided support during sharp pullbacks, while the upper band has capped attempts at sustained rebounds, acting as a powerful resistance zone.

This makes the current position especially crucial from a technical perspective, as Ethereum once again tests the base of this long-standing structure. Maintaining buyer interest in this area is seen as pivotal to keeping the broader recovery scenario alive.

Ethereum is still holding onto its long-term trend, but a stronger buying reaction is needed for this support test to spark a real recovery.

On the upside, the next significant hurdle is the upper resistance, which lies around the $1,800–$2,000 range on the chart. A successful breakout above this zone would offer a much clearer technical signal that market control is returning to buyers.

$1,800 level stands out as a pivotal markerAnalyst Abundance emphasizes that Ethereum’s larger trend is not yet safely established, pointing out that it is crucial for weekly candles to close above $1,800. He warns that unless this threshold is reclaimed, the potential for a more pronounced downward move remains on the table.

Chart analysis shows Ethereum rebounded from support near the mid-$1,500s, but it is now approaching resistance between $1,771 and $1,794. As this area lies directly below the key $1,800 mark Abundance is monitoring, it takes on added importance for the trend’s next phase.

Abundance foresees that if Ethereum fails to secure weekly closes above $1,800, a retest of the $1,200 region may be on the horizon.

Should downward pressure intensify, immediate supports are identified at $1,631 and $1,583. Observers will be watching how the market reacts to these levels if price faces rejection from the current resistance zone.

LevelTechnical significance$1,771–$1,794Nearby resistance zone$1,800Critical threshold for weekly close$1,631First immediate support$1,583Lower support area$1,200Target range for deeper downturn scenarioWeak closes keep downside risk in focusThe analysis also highlights the importance of time cycles in the technical outlook. While Ethereum may be undergoing a short-term recovery, a decisive shift in the main trend direction has yet to be confirmed, according to recent signals.

A weekly close below the ascending support line would significantly weaken the current formation. If this breakdown occurs, it would mean Ethereum has lost one of its most important long-term support structures and could face an extended bottoming process before any sustainable rebound.

Overall, the battle at the lower boundary of Ethereum’s multi-year triangle pattern is likely to dictate the next major move. Market participants are advised to watch the $1,800 level closely in the coming weeks, as both bullish and bearish scenarios hinge on this decisive line in the sand.

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.

Ethereum Name Service governance faces scrutiny over founder accountability

Key Takeaways Accumulation metrics show rising net position delta for Dogecoin despite price consolidation near recent lows. A significant drop in profitable holders may indicate capitulation and potential market bottom formation. Market analyst Ali Charts identified a TD Sequential buy signal on DOGE, highlighting possible trend reversal. Weekly timeframe reveals higher low formation — a chart structure that preceded past major price expansions. Historical data shows DOGE typically performs well in July, recording positive returns in four of six recent years. Dogecoin currently changes hands at approximately $0.07535, representing a 1.96% increase over the past day. The meme coin maintains a market capitalization hovering near $12.85 billion, while 24-hour trading volume reaches roughly $697 million. Multiple technical and on-chain indicators are currently capturing trader interest.

Dogecoin (DOGE) Price Analyst CW highlighted an intriguing development: Dogecoin’s net position delta continues climbing despite price weakness. This measurement captures the overall balance between buyer and seller activity across the market. When this delta increases during price declines, it typically signals that market participants are accumulating rather than distributing.

According to CW’s assessment, this sustained buying pressure has been developing over an extended period. The analyst suggests that continued demand at these levels could provide the foundation for a substantial price advance.

Contrary to the downtrend of $DOGE, the net position delta is maintaining an increase trend.

The time is approaching for this upward pressure to explode.

The accumulated upward momentum will create a significant rise. pic.twitter.com/pD6hdiiVOu

— CW (@CW8900) July 3, 2026

Meanwhile, market observer Cryptollica presented data revealing that DOGE supply currently in profit territory has contracted to what they characterize as a “deep bottom zone.” This indicates that relatively few holders currently maintain unrealized gains at prevailing prices, while numerous investors who purchased at elevated levels now face paper losses.

Cryptollica explained that this configuration commonly emerges following prolonged distribution phases, after speculative short-term participants have exited their positions. Many technical analysts view such conditions as suggesting that intense selling pressure may be exhausted.

Technical Analyst Identifies TD Buy Signal Market analyst Ali Charts announced via X that Dogecoin has generated a TD Sequential buy signal, commenting: “Things are about to go wild.” The TD Sequential is a technical analysis tool that certain traders employ to identify potential trend reversals following downward price movements.

This technical development contributes to an emerging narrative of shifting near-term momentum dynamics for DOGE.

Examining the 30-minute timeframe, DOGE bounced from the $0.070 support area accompanied by notable volume expansion. Subsequently, the cryptocurrency has established a series of ascending lows and highs, indicating near-term buyer dominance. Market participants are closely monitoring the $0.075 level as the immediate resistance threshold.

Long-Term Chart Reveals Recognizable Structure Technical analyst Javon Marks drew attention to Dogecoin’s weekly chart formation, observing that ascending lows are developing — a configuration that materialized before earlier significant upward expansion cycles. Marks indicated the current setup appears recognizable and historically preceded substantial price movements.

The ascending support trendline underpinning DOGE’s extended timeframe structure remains unbroken. This preservation maintains the longer-duration bullish scenario as viable, though validation would necessitate a decisive breach above overhead resistance.

Seasonal patterns for July are also drawing trader attention. Historical performance shows DOGE recorded a 27.1% gain in July 2025, 17% appreciation in July 2023, and 4.27% advance in July 2026 to date. The cryptocurrency declined during July 2024 and 2021.

At present valuation levels, DOGE features a circulating supply totaling 170.62 billion tokens with no fixed maximum supply limitation.

Cardano Founder Says Ripple Is Still Here After Years of Criticism, Praises Its Relentless Execution of Major Deals

Charles Hoskinson believes the network’s Ouroboros Leios upgrade will increase transaction capacity, positioning Cardano alongside some of the industry’s fastest blockchain networks, including the XRP Ledger (XRPL).

Hoskinson made the assertion during a virtual interview with David Gokhshtein on The Breakdown podcast. During the discussion, he revealed that Leios technology could boost Cardano’s throughput by as much as 60 times its current capacity.

“Leios will be 60x in terms of throughput inside the system,” he said, highlighting the upgrade’s potential to significantly increase the number of transactions Cardano can process per second. 

If Cardano reaches that level, Hoskinson believes the network will “be as performant as the XRP Ledger (XRPL).” 

Cardano Aims to Match XRPL’s Speed and Efficiency For years, the XRPL has built its reputation on fast settlement times and high transaction throughput, making it a preferred option for payments and cross-border transfers.

The network typically settles transactions within three to five seconds and supports a throughput of up to 1,500 TPS. Notably, the blockchain surpassed 120 TPS in March 2026 while processing around 650 transactions during peak activity.

Against this backdrop, Hoskinson’s latest remarks suggest that Cardano no longer views transaction speed as a competitive disadvantage. Instead, he believes the introduction of Leios will place the network on par with leading blockchain platforms in terms of performance and scalability.

Preserving Decentralization and Security Notably, Hoskinson stressed that Cardano achieved these throughput gains without sacrificing its core principles, particularly decentralization and security.

The blockchain industry has long struggled to balance scalability, decentralization, and security, a challenge commonly known as the blockchain trilemma. Many networks improve performance only by compromising one of the other two elements.

However, Cardano aims to prove that such trade-offs are not inevitable. With Leios, Cardano hopes to deliver the speed required for mainstream adoption while preserving the principles that have guided the ecosystem since its inception. 

Current Status of Leios  Meanwhile, the Ouroboros Leios upgrade officially launched its public testnet on June 23, 2026. Named Musashi Dojo, the testnet represents the first time the protocol has operated in a live network environment.

Looking ahead, Cardano plans to deploy Leios on the mainnet later this year, marking what could become one of the network’s most significant scalability upgrades to date.

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.

Germany’s savings and cooperative banks are rolling out crypto trading to retail clients, wiring Bitcoin (BTC) into the apps of institutions that hold roughly 80 million customer relationships in a country of 84 million people.

The Sparkassen serve about 50 million customers, per DSGV data, and the cooperative banks another 30 million, per BVR figures. Both groups dismissed the asset class as too risky just four years ago.

German Banks That Rejected Crypto Trading Now Court MillionsAccording to Bloomberg, both groups are building in-house services rather than steering clients to outside exchanges. DZ Bank’s meinKrypto platform already runs inside the VR Banking App, offering BTC, Ethereum (ETH), Litecoin (LTC), and Cardano (ADA).

BaFin licensed meinKrypto under the EU’s Markets in Crypto-Assets (MiCA) framework in late December 2025, per DZ Bank’s announcement. Boerse Stuttgart Digital handles custody, keeping the whole chain under German supervision.

DekaBank is building the equivalent product for the roughly 340 savings banks, with a phased launch later this year. Each of the almost 650 cooperative banks and every Sparkasse opts in individually. DZ Bank product specialist Markus Bärenfänger expects hundreds to join.

Germany’s Local Banks Bring Crypto Trading to Millions in Major Mainstream Adoption PushThe reversal is stark. The savings banks considered crypto trading in 2021, then shelved it over incalculable risks. MiCA has since opened the door for Germany’s largest financial institutions.

Trust Advantage Collides With Total Loss WarningsThe trust math explains the bet. Germans trust their primary bank twice as much as specialized crypto platforms, 38% to 19%, per a Boerse Stuttgart Digital survey. However, only about a quarter have invested in crypto, in line with broader European adoption figures.

That trust is precisely what worries critics. Co-Pierre Georg, professor at the Frankfurt School of Finance & Management, argues that traditional bank customers may not grasp the risks.

“It is concerning that the floodgates to the cryptocurrency market are now being opened by savings and cooperative banks,” Co-Pierre Georg, professor at the Frankfurt School of Finance & Management, via Bloomberg.

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Even the savings banks’ own lobby group, DSGV, calls crypto a highly speculative investment carrying the risk of total loss. It frames the service as suitable for self-directed investors only.

Timing sharpens the debate. Bitcoin trades near $62,483 after falling roughly 50% from its October 2025 record of $126,080.

Bitcoin Price Performance. Source: BeInCryptoThe German lenders also join a wider European shift. UBS opened crypto trading for private clients in January.

For local banks, the payoff may be relevance rather than revenue. Westerwald Bank chief Ralf Kölbach warns that lenders skipping crypto lose younger, tech-savvy customers.

The bigger test is whether bank-branded credibility can survive the market’s next deep drawdown.

Nigel Farage has been reported to the UK Parliament’s standards watchdog over allegations that he lobbied the Bank of England on cryptocurrency policy in ways that could benefit one of his largest political backers, a major investor in stablecoin issuer Tether.

Summary

Nigel Farage has been reported to Parliament’s standards watchdog over alleged Tether-related lobbying. Labour MPs have questioned Farage’s meeting with the Bank of England over crypto policy. Donations from Tether investor Christopher Harborne remain under separate parliamentary scrutiny. According to The Guardian, Labour MP Phil Brickell has asked Parliamentary Commissioner for Standards Daniel Greenberg to investigate whether the Reform UK leader breached parliamentary rules by engaging with the Bank of England after receiving financial support from British billionaire Christopher Harborne.

Under parliamentary rules, MPs are barred from lobbying ministers or public officials on behalf of individuals who have paid them within the previous 12 months.

Brickell told The Guardian that Farage publicly supported Tether, criticized proposed limits on stablecoins, and promised to challenge the Bank of England’s position before meeting Governor Andrew Bailey. Brickell also claimed Farage later said he had persuaded the central bank to soften its approach.

Complaint centers on Bank of England crypto meeting At the center of the complaint is a private meeting held in September 2025 between Farage and Bailey. According to The Guardian, Farage urged the Bank to abandon plans for a UK central bank digital currency, often referred to as “Britcoin,” a proposal he has previously said he would rather go to prison than support.

Soon afterward, Farage publicly claimed he had influenced the Bank’s thinking. Last week, the Bank of England dropped a proposed £20,000 limit on individual stablecoin holdings, a restriction Farage had repeatedly criticized.

Meanwhile, Labour MP Joe Powell has written separately to Bailey seeking details of the meeting. In his letter, Powell argued that decisions affecting the UK’s financial system, including those involving a digital pound, should be made independently and in the public interest rather than through private discussions that could benefit individual investors, according to The Guardian.

The Bank of England said the September meeting formed part of its routine engagement with political figures. The central bank acknowledged that Bailey and Farage held different views on the digital pound but has not released minutes or additional details from the meeting.

Harborne donations draw additional scrutiny Brickell has argued that the case extends beyond cryptocurrency policy because it raises questions about whether an MP who has received millions from a single donor should promote policies that could increase the value of that donor’s investments.

Harborne, a British businessman based in Thailand, owns a 12% stake in Tether, the company behind the USDT stablecoin, and ranks sixth on the Sunday Times Rich List.

According to The Guardian, Farage accepted an undeclared £5 million ($6.7 million) gift from Harborne before standing in the July 2024 general election. Because Farage had not yet announced his candidacy for Parliament, the payment was not declared to parliamentary authorities at the time.

The report also said Harborne later made two separate £25,000 political donations to Farage in January 2025 and February 2026 to fund trips to the United States and the Chagos Islands. During the same period, Reform UK reportedly received another £15 million ($20.1 million) from Harborne. Greenberg is already conducting a separate investigation into whether the earlier £5 million gift should have been declared.

Farage and Harborne have both said the billionaire expected nothing in return. Farage has described the payment as unconditional and a private matter, although The Guardian noted that his explanation has changed over time, ranging from funding his personal security to rewarding his role in the Brexit campaign before later saying he was free to spend the money as he wished. Reform UK has rejected the allegations as “utter rubbish,” while Labour has accused Farage of avoiding proper scrutiny.

Farage has long positioned himself as a supporter of digital assets, previously calling for the UK to establish a strategic Bitcoin reserve and advocating lower capital gains taxes on cryptocurrency investments.

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

Europe's major fintech platform Revolut is set to cease support for Tether (USDT) stablecoin on August 31, according to recent reports.

Wu Blockchain shared this development in an X post accompanied by screenshots verifying the claim.

According to Wu Blockchain, Revolut has notified users via app push notifications and emails that it will delist Tether (USDT); however, users will still be able to purchase the stablecoin until July 6.

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Europe's Largest Fintech Revolut to Stop Supporting USDT on August 31

European fintech giant Revolut has notified users via app push notifications and emails that it will delist USDT. Users will still be able to purchase USDT until July 6. Revolut will stop accepting new USDT… pic.twitter.com/ImjlZ18tsF

— Wu Blockchain (@WuBlockchain) July 4, 2026 Revolut will stop accepting new Tether (USDT) deposits on July 30, while users can continue to sell USDT or withdraw it to external wallets until August 31. After this date, any remaining USDT balances in user accounts will be converted into fiat currency at the prevailing exchange rate.

This development follows on the heels of the Markets in Crypto-Assets (MiCA) regulation, which came into full effect on June 30.

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In light of this, crypto exchanges and platforms are expected to suspend certain token services deemed unauthorized under MiCA.

Tether's USDT is restricted in the European Economic Area under the Markets in Crypto-Assets (MiCA) regulatory framework. As it did not apply for the necessary e-money authorizations, major exchanges delisted USDT for European users.

New era begins in the EUThe European Union's crypto market entered a new era on Wednesday as the MiCA regulation came into full effect, implying that crypto firms serving customers across the region are required to hold a license or stop operating.

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Exchanges are required to follow the MiCA rules, which require stablecoin issuers and staking service providers to have the necessary authorization to be accessed by European users; these rules impact all 30 countries in the European Economic Area.

The EU's financial rule-setter, the European Securities and Markets Authority (ESMA), has already issued an ultimatum to unauthorized crypto-asset service providers to wind down their operations in an orderly manner while securing clients' interests as the MiCA transitional period ends.

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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15h05 ▪ 3 min read ▪ by Eddy S.

Summarize this article with:

Europe shifts into gear in terms of its regulation. With 280 MiCA-approved companies now, the Old Continent wants to compete with the giants of the crypto sector. But doesn’t this progress hide flaws in the face of USDT’s hegemony? Let’s dive into the core issues of a still unfinished regulatory revolution.

In Brief 280 crypto companies are now authorized under MiCA, with a historic update on July 3, 2026. Standard Chartered, FalconX, and other major players join the register, but USDT remains uncontrollable. 80% of crypto companies are leaving the EU, revealing MiCA’s limits against sector giants. ESMA has officially crossed a major milestone. Indeed, its MiCA register welcomed 37 new crypto companies, bringing the total number of authorized providers in Europe to 280. This update on July 3, 2026 marks the end of the transition period and the strict entry into force of the European regulatory framework. These new players include well-known names such as Standard Chartered (through its Luxembourg subsidiary) and FalconX, authorized in Malta.

Germany retains the top spot with 58 authorizations, followed by France (31) and the Netherlands (26). Cyprus, for its part, contributed 6 new licenses, demonstrating its growing role in the European crypto ecosystem. But this register remains incomplete as no company is yet authorized to issue asset-referenced tokens (ART). A sign that MiCA struggles to cover all aspects of the market.

Is MiCA’s Admission of Failure Against USDT Going to be Revised? Europe boasts of its pioneering regulation, but MiCA already shows its limits. For the USDT stablecoin by Tether, which represents more than 70% of the market, remains unreachable for European regulators. Worse, no European solution manages to compete with its massive adoption. To this end, the European Commission has announced an early revision of MiCA, implicitly acknowledging its inability to regulate foreign stablecoins.

Of the 3,000 crypto companies initially active in the EU, only 280 have succeeded in obtaining their license. The others? 80% are exiting the market. An exodus that raises questions: Is MiCA too strict, or simply ineffective against giants like Tether? USDT, still in power, ignores regulatory borders. Europe itself seems under the grip of its own rules.

MiCA is progress, but its record is mixed: 280 licenses out of 3,000 crypto players initially. Europe regulates but struggles to innovate. What if the real battle is elsewhere? Should MiCA be relaxed or should Tether (USDT) be accepted to continue dominating for a long time?

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Eddy S.

The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

On July 1, Robinhood launched its own blockchain, joining Coinbase, Stripe, Circle, and Tether in the fastest-moving infrastructure race in crypto: giant consumer companies building their own rails instead of renting someone else’s. The land grab has a clear logic, clear winners, and one uncomfortable question about what happens to the neutral chains everyone used to build on.

Summary

Robinhood has joined Coinbase, Stripe, Circle, and Tether in building its own blockchain, accelerating the corporate race to own crypto infrastructure instead of relying on public networks. Corporate chains promise higher margins, greater product control, and built-in user distribution, making infrastructure ownership an increasingly attractive strategy for major financial platforms. The shift raises long-term questions about the future of neutral blockchains, as corporate-controlled networks compete for developers, liquidity, and the value once captured by open ecosystems. For most of crypto’s history, the deal between companies and blockchains was simple: the chains were public infrastructure, and companies were tenants. Coinbase listed tokens on other people’s networks. Stripe processed payments over other people’s rails. Robinhood gave customers a buy button for assets that lived somewhere else. The chains were roads; the companies drove on them.

That arrangement is ending in real time. On July 1, at an event in London called “The World is Flat”, Robinhood launched the public mainnet of Robinhood Chain, its own layer 2 network, and moved its tokenized stock business onto rails it controls.

The launch slots into a pattern that has become the defining infrastructure story of this cycle: Coinbase built Base and turned it into a revenue machine. Stripe incubated Tempo and shipped it in March with half of global finance as design partners. Circle is building Arc. Tether has backed its own settlement chains. In the span of 2 years, nearly every large company that touches crypto has concluded the same thing: owning the road beats paying tolls on it.

The speed of the shift is easy to miss because each launch arrived dressed as a product announcement. Assemble the timeline instead: Base in 2023, the first proof that a corporate chain could scale. The stablechain wave forming through 2025 as the GENIUS Act clarified the rules. Tempo’s testnet in December with Visa and Mastercard already inside, its mainnet in March, Robinhood Chain’s testnet in February and mainnet in July.

What took the neutral ecosystems a decade of grant programs and hackathons, bootstrapping users, liquidity, and developer attention, the corporations are compressing into quarters by shipping the users and liquidity pre-attached. The chains did not get easier to build. The distribution finally showed up owning the builders.

Robinhood’s version is the most retail-facing yet, and the most aggressive about what it puts on-chain. This is the map of the land grab: who is building what, why the economics are irresistible, and what the corporatization of blockspace does to the industry that invented it.

What Robinhood actually launched The July 1 announcement bundled a full product offensive, but the chain is the center of gravity. Robinhood Chain is an Ethereum layer 2 built on Arbitrum technology, running 100-millisecond block times, live on public mainnet after a testnet that opened in February. The company describes it as AI-native and purpose-built for real-world assets, and unlike the walled gardens skeptics expected, it is permissionless: anyone can deploy contracts, and users can interact through self-custody wallets without touching Robinhood’s brokerage at all.

The anchor tenant is Robinhood’s own tokenized equity business. Stock Tokens, the company’s tokenized shares, are live through Robinhood Wallet in more than 120 countries, with the tokenized United States stocks and ETFs that previously lived on Arbitrum migrating to the new network. The design goal is straightforward: equities that trade around the clock and plug into decentralized finance as collateral, the same premise the SpaceX listing just stress-tested across the whole industry.

Around the anchor, Robinhood assembled a launch ecosystem that reads like a checklist of what a chain needs on day one. Uniswap is deploying a dedicated automated market maker as the primary public liquidity venue, with Pleiades running a separate platform for proprietary trading. Alchemy, BitGo, Chainlink, and 0x shipped day-one infrastructure support.

Robinhood Earn gives United States users an estimated 7% yield lending the USDG stablecoin through Morpho from a self-custody wallet. Perpetual futures arrive through an integration with the decentralized exchange Lighter, sweetened with an $11 million token rewards program, while Agentic Accounts let eligible users wire AI models directly into Robinhood’s trading infrastructure.

The market’s verdict was immediate: HOOD jumped 8% toward $108 on launch day, with Cantor Fitzgerald having already raised its target to $130 on the product pipeline. The enthusiasm has context worth keeping. Robinhood’s crypto transaction revenue fell 47% year over year in the first quarter to $134 million; the company cut 10% of its workforce weeks before the launch, and the stock remains roughly 30% below its October record.

The chain is not a victory lap. It is a bet that owning infrastructure smooths out a revenue line that trading fees alone cannot, backed by the $51 billion in crypto custody assets and the Bitstamp exchange acquisition the company already sits on. Our news desk covered the launch mechanics when they landed; the bigger story is the pattern the launch completes.

The strategic sequencing is worth noticing too, because it shows how deliberately the ladder was climbed. Robinhood spent 2025 acquiring the pieces: Bitstamp for exchange infrastructure, WonderFi for Canadian licensing, tokenized SpaceX and OpenAI products in Europe as a proof of concept. It spent early 2026 testing the chain quietly while expanding perpetuals in Europe, where crypto derivatives became one of its fastest-growing products.

The July launch assembled everything into a single architecture: assets tokenized on its own network, traded through its own wallet, leveraged through partnered perpetuals, yielding through integrated lending, and increasingly operated by customers’ AI agents through its own trading interface. Each layer feeds the others, and every layer that used to belong to a partner now belongs to the platform. Vlad Tenev has called tokenized stocks inevitable; the chain is the claim that the inevitability should run on his rails.

The pattern: everyone builds now Put the corporate chains side by side, and the strategy differences sharpen.

Base is the template and the proof. Coinbase launched its Ethereum layer 2 in 2023, and it became the fastest-scaling network of its generation, generating sequencer revenue, anchoring the exchange’s on-chain strategy, and proving the core economics: a company with a large user base can route those users onto its own chain and capture value at the infrastructure layer that it previously leaked to others. Base also showed the failure mode this June, suffering 2 outages within hours from a sequencer bug, a reminder that corporate chains concentrate operational risk in exactly one place.

Tempo is the payments-native version. Incubated by Stripe with Paradigm and launched to mainnet in March, it is a layer 1 built purely for stablecoin settlement: gas payable in any major stablecoin instead of a native token, ISO 20022 compatibility for bank back offices, and a Machine Payments Protocol co-developed with Stripe that lets AI agents authorize and stream payments autonomously.

The design-partner list, including Visa, Mastercard, Deutsche Bank, Standard Chartered, Revolut, Nubank, Shopify, OpenAI, and Anthropic, signals the ambition: not a crypto chain with payments features, but a settlement standard for the $190 trillion cross-border market, launched by the company that processed $1.9 trillion in payments last year. crypto.news covered the mainnet launch in March, and the venture’s $500 million raise at a $5 billion valuation says the capital markets take the ambition literally.

Circle’s Arc and the Tether-aligned settlement chains extend the same logic to issuers: if your product is a dollar token, the chain it settles on is your cost structure and your regulatory perimeter, so own it. Even the consortium behind Open USD chose a launch chain, Solana, as one of its first architectural decisions, because in 2026 the question of where this settles is inseparable from who captures the value.

Robinhood Chain adds the missing archetype: the retail brokerage chain, where the asset being brought on-chain is not a stablecoin or an exchange’s order flow but the entire traditional portfolio, stocks, ETFs, and eventually whatever else the securities rulebook allows.

The stablechain sub-race deserves its own map Within the broader land grab, the payments-specific chains have become a category with its own name, stablechains, and its own competitive logic, because the prize they contest is the largest: the settlement layer for a stablecoin market above $300 billion today and projected by Citi to reach $4 trillion by 2030.

Tempo’s design choices show what purpose-built means in practice. The chain has no native gas token at all; transaction fees settle in any major stablecoin through an integrated exchange mechanism, removing the token-price volatility that makes enterprise finance departments allergic to blockchain cost accounting. Its ISO 20022 compatibility means bank reconciliation systems can read its messages natively, and its throughput targets are set against payments workloads instead of trading ones.

The venture also declined to issue a token at launch, citing regulatory clarity, a decision that separates the stablechains philosophically from the token-financed networks they compete with: Tempo’s backers monetize through the businesses the chain enables, not through a coin.

The competitive set is filling in fast. Circle’s Arc approaches from the issuer side, Stable and the Plasma-style ventures approach from the Tether ecosystem, and the incumbent general-purpose chains are retrofitting payments features to defend the flows they already host. Solana’s counterargument is that a fast general-purpose chain with existing liquidity beats a specialized newcomer, and winning the Open USD launch was a material point in that argument.

Ethereum’s counterargument is that corporate layer 2s like Base and Robinhood Chain keep settling on it anyway, making it the quiet beneficiary of every corporate launch that chooses the rollup route. The stablechain race is therefore also a proxy war over whether the future of payments settlement is specialized or general, and no result so far is decisive.

What every contestant shares is the same tell: the serious money in crypto has concluded that payments, not speculation, is the volume that matters next, and that whoever operates the rails for it collects the most durable fees in the industry. Stripe processing $1.9 trillion a year off-chain is the number every stablechain pitch deck opens with, because capturing even single-digit percentages of flows like that on-chain would dwarf the fee revenue of everything DeFi has ever built.

The market Tempo names explicitly the $190 trillion in annual cross-border payments still moving through correspondent banking with 1-3 day settlement, is the largest unclaimed territory in finance, and stablecoin volumes doubling to $400 billion last year with 60% of it business-to-business says the migration has started without waiting for anyone’s permission.

The developer calculus nobody says out loud The land grab’s quietest constituency is developers, and their private math will decide more than the launch events do.

Building on a corporate chain offers what neutral chains historically could not: distribution. A protocol deploying on Robinhood Chain is one integration away from tens of millions of funded retail accounts; on Base, from the largest United States exchange’s user base; on Tempo, from the merchant internet. For consumer applications that die of user-acquisition costs, that proximity is worth real sovereignty concessions, which is why Uniswap, Morpho, Aave, and the rest of blue-chip DeFi keep showing up as day-one partners on chains owned by corporations. The protocols are not confused about the trade; they are pricing it.

The concessions are real, though, and developers enumerate them privately. A corporate chain’s sequencer is a single counterparty that can reorder, delay, or censor whatever the roadmap promises about future decentralization. Its owner is a regulated company that will comply with orders neutral infrastructure might resist, and that can change fee structures, partnership terms, or strategic direction with a quarterly earnings cycle’s notice.

Most subtly, the owner is frequently a future competitor: a lending protocol thriving on a brokerage’s chain is a product demo for the brokerage’s own lending desk, and the platform history of the internet says the demo gets copied. Every developer choosing a corporate chain is betting they can extract the distribution before the platform extracts them, a bet with a long and mostly losing history outside crypto.

The equilibrium forming looks like a barbell. Applications that need users deploy where the users are and accept platform risk; infrastructure that needs neutrality, stablecoin issuers, bridges, oracles, deploys everywhere and belongs nowhere; and the neutral chains compete to be the settlement layer underneath both. It is a more corporate industry than the one the whitepapers described, and also a much larger one, which is the trade the whole cycle keeps making.

Why the economics are irresistible The land grab is not fashion. Three economic forces make it close to inevitable for any company at this scale.

The first is margin capture. A company routing millions of users through public infrastructure pays for blockspace, market making, and settlement in fees that flow to someone else’s token holders and validators. The same company running its own chain converts those costs into revenue: sequencer fees, ecosystem deals, and the option to monetize every layer of the stack. Base proved the number is large; every subsequent chain is chasing it.

The second is product control. On a rented chain, an outage, a fee spike, or a governance fight is your product problem and someone else’s decision. Robinhood offering a 7% yield product and 24-hour stock trading to mainstream customers cannot outsource reliability to a network it does not operate, or so the reasoning goes; June’s Base outages cut both ways, showing both why companies want control and how controlling it concentrates the blame.

The third is distribution leverage, and it is the one that changes the competitive map. Chains historically fought for users app by app. A corporate chain arrives with the users pre-installed: Robinhood brings tens of millions of funded accounts, Stripe brings the merchant internet, Coinbase brought the largest United States exchange. The scarce resource in crypto was never blockspace; it was distribution, and the companies that own distribution have realized they can vertically integrate backward into infrastructure far more easily than infrastructure can integrate forward into distribution.

There is a fourth, quieter force: the regulatory clock. The GENIUS Act settled stablecoin rules, tokenized equities are inching through frameworks in Europe and Asia, and market structure legislation is grinding through the Senate. Companies are racing to have the rails built before the rules that legitimize the traffic are finished, because the standards that exist at legalization tend to become the standards, period.

What it means for the neutral chains The uncomfortable question underneath the land grab is what happens to the ecosystems the corporations are building on top of, and around.

In the short run, the answer looks symbiotic. Robinhood Chain and Base both settle on Ethereum and pay for its security; Arbitrum licenses its technology into Robinhood’s stack; Solana hosts the consortium stablecoin and much of the tokenized asset flow. The corporate chains are customers of the neutral infrastructure, and their arrival validates the underlying platforms, which is precisely how Ethereum bulls frame every such launch in the ongoing argument over which L1 is actually winning.

The longer-run answer is less comfortable, because value and attention migrate to where activity lives, and activity increasingly lives one layer up from the neutral base. Some Ethereum layer 2 tokens have sunk to record lows this year even as corporate layer 2 activity grew, a divergence that shows the economics of the model concentrating with the operators rather than the ecosystems.

A world where the dominant consumer chains are owned by Coinbase, Stripe, Robinhood, and the issuers is a world where crypto’s neutral, credibly permissionless middle gets squeezed between corporate rails above and commodity security below. The industry spent a decade arguing that the point of this technology was infrastructure nobody controls. The fastest-growing infrastructure of 2026 has a specific someone in control of every layer that touches the customer, and the sharpest version of the critique says the industry is speed-running the history of the internet, open protocols first, walled platforms winning.

There is a measurable version of the squeeze already on the tape. The market rewards the operators: Coinbase’s stock carries Base in its valuation, HOOD rallied 8% on its chain launch, and Tempo’s $5 billion private valuation prices a network with months of history. The market punishes the middleware: several Ethereum layer 2 tokens printed record lows this year while the corporate chains built on identical technology thrived, because the corporate versions replaced the token with equity and the community with a customer base. The technology stack is winning while the token stack attached to its neutral versions loses, and that divergence, more than any philosophical debate, is what will pull the next 100 corporate chains into existence.

The optimistic rebuttal has real weight too. These chains are permissionless in the ways that matter mechanically: self-custody works, external developers can deploy, assets can exit. Robinhood explicitly built exit rights into its design, and a corporate chain that abuses its position faces the one discipline the old walled gardens never did: users who can bridge away with their assets in minutes.

The bet embedded in the whole land grab is that companies can capture infrastructure economics without triggering that exit, and the bet has not been seriously tested yet, because no corporate chain has yet faced the moment where its interests and its users’ interests point in opposite directions with real money on the line.

The pattern also has a stablecoin-shaped shadow: the same week Robinhood launched its chain, Circle watched 140 of its partners unveil a replacement for its business model, a reminder that in shared infrastructure, today’s platform owner is tomorrow’s disintermediation target.

The scoreboard from here The metrics that will decide the race are unglamorous. Total value locked and developer migration on Robinhood Chain, against the built-in advantage of $51 billion in custodied assets. Whether Tempo converts its design-partner list into settlement volume that dents correspondent banking. Whether Base’s outages stay anecdotes or become a pattern that costs it the reliability argument.

Whether any corporate chain attracts meaningful third-party development, the thing that separates a platform from a product. And, hovering over all of it, whether regulators treat brokerage-operated blockchains as innovation to charter or vertical integration to unwind.

The regulatory question deserves the last stretch of attention, because it is the one variable none of the builders controls. A brokerage that operates the venue where its customers’ tokenized securities settle, lends against them, runs the wallet, and sells the order flow has reassembled, on new rails, precisely the vertical integration that a century of securities law spent itself disassembling. The companies know it, which is why the launches emphasize permissionlessness and self-custody, features that double as legal arguments.

Regulators know it too, and the pending market structure legislation will decide whether the corporate chain is a licensed product category or a conflict of interest with a block explorer. Europe has already shown, through its handling of exchange licensing, that a framework with teeth can lock the largest player out of a continent; the corporate chains are being built at maximum speed partly to be too integrated to unwind by the time an American framework grows the same teeth.

What is already settled is the direction. The era when serious consumer companies rented their crypto infrastructure lasted about a decade, and it ended without a single dramatic moment, just a sequence of launch events in London and San Francisco where, one by one, the tenants announced they had bought the building. Robinhood was not the first and will not be the last. The land grab has plenty of land left, and everyone with a user base now knows the price of not claiming any.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Digital asset markets are volatile, and you can lose your entire investment. Always do your own research. Information current as of July 4, 2026.

ZAMA: Earn rewards by supplying to the Steakhouse Confidential Prime USDC V2 vault on Morpho

PANews July 4 news, according to on-chain analyst Yu Jin's monitoring, the crypto market has been in a downturn for half a year. The total market capitalization of dollar stablecoins shrank by about $10 billion, currently standing at $300 billion. A large amount of outflow capital shifted to the U.S. stock market, which has shown a more pronounced wealth effect this year.

The latest quarterly fund movements show clear polarization:

Tether (USDT): total decreased from about $189.8 billion to $184.1 billion, net outflow of about $5.7 billion

USD Coin (USDC): total decreased from about $79.6 billion to $73 billion, net outflow of about $6.6 billion, making it the stablecoin with the largest outflow this cycle

Circle, the issuer of USDC, saw related token performance under pressure, with its stock price also falling from around $136 back to near $64. Market growth expectations have cooled.

In contrast, the stablecoin USD1 recorded a net inflow of about $500 million over the same period, with its total rising from around $4.1 billion to $4.6 billion, becoming one of the few assets to grow against the trend. However, this growth is partly attributed to interest rate subsidy incentive mechanisms on trading platforms, such as activities on some exchanges that guide user holdings and trading behavior.

France’s New Quantum Rule Could Put Algorand Ahead of Blockchain Rivals

Avalanche’s native token AVAX is currently testing a critical resistance area, with market watchers closely analyzing its price dynamics and underlying network activity. While a consolidation phase has persisted, renewed buying could accelerate a short term rebound, but failure to break through this resistance may see the price remain range-bound for now.

Resistance test and current price actionIn the past 24 hours, AVAX has climbed 2.47 percent and is now trading at 6.96 dollars. The daily trading volume stands at 254.63 million dollars, and the market capitalization hovers around 3 billion dollars. This recent movement reflects a blend of technical stabilization alongside notable developments within the Avalanche network.

According to data from More Crypto Online, AVAX is at a decisive technical crossroad as it tests its first major resistance level. Observers believe that a sustained breakout above this barrier could inject new strength into the buyers’ side, potentially paving the way for a sharper recovery in the near term.

More Crypto Online reports AVAX is testing a key resistance, and if this level is breached, the short term recovery could gain significant momentum.

Conversely, if buyers do not show sufficient strength, the current period of low volatility is expected to stretch out. Analyses referencing the Elliott Wave IV correction point to a bullish scenario with a key target of 14.47 dollars. However, confirmation of this outlook depends strongly on continued buying pressure at these levels.

IndicatorLevelCurrent price6.96 dollars24 hour change2.47 percent rise24 hour volume254.63 million dollarsMarket capitalization3 billion dollarsKey target14.47 dollarsPayments initiative targets over 150 countriesAvalanche has also launched a new partnership initiative named Payments Collective. This collaboration brings together payment infrastructure providers to facilitate fund transfers across more than 150 countries. With its high speed blockchain, Avalanche serves as a key layer one platform for decentralized applications and financial solutions.

The initiative’s goal is to foster collaboration among fintech firms and pioneering financial institutions, with the aim to accelerate blockchain based payment systems. Central to its mission is delivering faster cross border settlements, enhanced scalability, and more efficient payment flows on a global scale.

Avalanche Payments Collective seeks to simplify fund transfers across over 150 countries and accelerate the adoption of blockchain powered global payment solutions.

Companies behind this project are aiming to expand blockchain’s presence in global finance and play a key role in the next evolution of payment innovation. The structure is expected to promote adoption of blockchain for international transfers, settlement processes, and decentralized finance driven payment systems.

Market attention shifts to price and network developmentsThe recent uptick in AVAX price has also been influenced by the prevailing positive sentiment in the broader crypto market, largely led by Bitcoin’s upward momentum. This favorable market atmosphere is encouraging greater risk appetite towards altcoins, including AVAX.

Looking ahead, investors will keep a close eye on two main factors. First, whether AVAX can break through its resistance zone backed by strong volume. Second, adoption rates of the Avalanche Payments Collective. Increased payment activity could spark more sustained demand for the AVAX token over the long run.

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.

11h35 ▪ 6 min read ▪ by Luc Jose A.

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While most altcoins plunge and see their market capitalization fall to its lowest level since December 2023, Solana follows a radically different trajectory. Unlike a pressured market, the network attracts capital at a sustained pace and fuels renewed interest around its SOL token. This decoupling, rare in the crypto ecosystem, intrigues both investors and analysts alike. Behind this resistance are two distinct drivers: a fundamental dynamic supported by the network and a speculative momentum that further strengthens its attractiveness.

In brief Solana stands out from the altcoin slump thanks to strong growth in its on-chain activity and a continuous inflow of capital. The tokenization of assets and DeFi accelerate network adoption, with record volumes and a number of active addresses now exceeding Ethereum’s in this segment. Memecoins and Pump.fun revive speculation, generating a new wave of liquidity that supports demand for the SOL token. Prediction markets enrich the ecosystem, while signals from derivative markets suggest caution regarding SOL’s ability to extend its rally. The Explosion of Tokenized Assets and DeFi on Solana Solana’s bullish momentum found its initial anchor point on June 23, a key date marking a historic milestone for the blockchain. On-chain data reveal the following financial milestones :

The cumulative volume of tokenized stock transfers on the network officially exceeded $10 billion, driven by the introduction of SpaceX company stock trading by the Backpack platform ; The total value of tokenized assets on Solana, excluding stablecoins, reached an all-time high of $3.5 billion, up from just $2.7 billion a month earlier ; The network now has 294,274 active addresses dedicated to the tokenization industry (S&P 500 stock indices, Nasdaq-100, and corporate credits), significantly ahead of its main competitor Ethereum, which records 204,955 on its side. While the rest of the crypto market sank into a prolonged bearish trend, Solana thus began an upward trajectory completely disconnected from the traditional altcoin sector indices. This technical and operational leadership, supported by the integration of corporate credit tokens and leading stock indices, enabled SOL to break major resistance levels.

By capturing the majority of active addresses in the sector compared to the Ethereum ecosystem, the blockchain transformed its infrastructure into an unmissable liquidity hub, propelling the price of SOL to its highest level in 30 days, settling at 83 dollars.

The Fervor of Memecoins and the Return of Pump.fun to the Forefront Beyond the fundamentals of tokenization, the retail market injected a second wave of liquidity through a surge of intense activity on the memecoin segment. The trigger was the launch of the The Black Bull (ANSEM) token via the Pump.fun platform, which immediately rekindled speculators’ interest. This asset reached a market capitalization of $60 million within two days, before continuing its run to hit an all-time high of $112 million.

The project’s deployment remained opaque, the anonymous developer having chosen to allocate about 65% of the total supply directly to the public wallet of crypto influencer Ansem, a distribution that nonetheless mobilized 74,000 unique addresses during its first three days of existence.

This sectoral effervescence directly benefited the network’s native infrastructures, foremost among them the PUMP token of the Pump.fun platform, whose weekly gains of 27% allowed it to re-enter the top 100 largest global crypto capitalizations with a valuation of $630 million.

Such enthusiasm demonstrates the return of strong liquidity. Retail investors massively choose Solana for its speed of execution. This speculative frenzy, although volatile, fuels a daily transaction volume that mechanically supports demand for the SOL token, essential for paying gas fees, reinforcing buying pressure on the spot market against exhausted sellers.

The Conquest of Prediction Markets and Derivative Arbitrage Meanwhile, the ecosystem diversifies in a more strategic way with the launch of the “World” prediction markets integrated directly into the Phantom wallet, aiming to capture the enthusiasm of bettors with the World Cup frenzy, in direct competition with Polymarket.

This project collected nearly $890,000 in total value locked (TVL) in just forty-eight hours, while the Jupiter aggregator deployed its own version of prediction markets in beta testing phase. Thus, this extension of use cases towards prediction markets brings a new utility dimension to the network, attracting a betting audience that generates constant financial flows decoupled from the classic cycles of decentralized finance.

All these factors outline a complex outlook for Solana, dependent on the long-term viability of these capital flows. While on-chain activity proves particularly vibrant, examining derivative markets invites a much more nuanced analysis of the forces at play. Indeed, the appetite for leverage has cooled sharply, with the annualized funding rate for SOL perpetual futures contracts falling to 3% after peaking at 11% when the price broke through 75 dollars.

Knowing that a healthy bull market generally requires a funding rate between 6% and 12% to offset capital costs, this marked decline indicates strong hesitation among traders to bet on an immediate rise to 90 dollars. The short-term future will thus depend on the network’s ability to convert speculative enthusiasm into sustainable commitment, under the risk of seeing this decoupling fade amid the persistent gloom of the overall crypto market.

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Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Solana recently posted a strong rebound, but analysts caution that this price surge has not yet signaled a lasting trend reversal. According to market experts, Solana must convert key resistance areas into support to sustain its recovery. Failure to do so could result in a return to sideways trading or spark a deeper retracement in price.

Critical support zone in the broader timeframeA market analyst known as Minga suggests that, on a larger timeframe, Solana is still undergoing a corrective phase. After completing its previous upward swing, the price broke down from a broader distribution pattern, currently moving through what analysts term the “C” stage of the correction.

Minga continues to monitor the $58.80 to $40.60 range as a potential spot-buy zone and possible macro bottom for Solana. This area, which has not yet been thoroughly tested, stands out as a region with notable market imbalance. Of particular significance is the $40.60 mark, as it lies close to the lower edge of a key accumulation box.

Minga notes that maintaining the $58.80 to $40.60 region as an accumulation area could support the formation of a macro bottom for Solana over the longer term.

A strong rebound from this range would lend weight to the view that the broader correction phase is nearing its end. However, if Solana fails to hold above $58.80 to $40.60, a deep correction scenario toward the $21.63 level remains in play. Minga identifies this price as the next key support where significant downward pressure could emerge.

Short-term resistance test takes center stageOn the daily chart, chartist Jesse Olson emphasizes that Solana has staged a sharp rally from its June lows, managing to break above its descending trendline. The price climbed into the upper region, reaching the green target box outlined in Olson’s analysis. He points out that all four of his upside price targets have now been hit.

Jesse Olson underscores that with all upward price objectives achieved, the key challenge ahead will be whether Solana’s price can turn this target zone from resistance into support.

This target area is pivotal: failed breakouts at resistance can often mark the end of short-term uptrends. If sellers regain control and the price is rejected from here, Solana could test lower support levels once again.

Analysts observe that, despite the recent rally, Solana’s momentum on higher timeframes remains relatively weak. As a result, this move is not yet viewed as the start of a new primary trend. Should the resistance area hold as support, the outlook may brighten. Conversely, losing this level would reintroduce downside risks and keep the outlook choppy and uncertain.

Key levelSignificance$58.80 to $40.60Potential accumulation and macro bottom zone$40.60Critical level near the lower edge of the accumulation box$21.63Key area for a deeper pullback scenarioIn the near term, the central question for the market is whether buyers can defend the current target zone. Holding this area as support could keep the rally alive. If Solana loses this level, however, a weaker technical outlook comes back into focus.

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.

SUI has turned heads on the market once again as it approaches a long-term technical support level. Analysts say maintaining this support, especially amid ongoing selling pressure, could set the stage for a robust recovery in the coming months.

Price and Trading DataAccording to TradingView, SUI is priced at $0.7528. The token rose 1.29% in the past 24 hours, with trading volumes reaching $379.49 million and a market capitalization of $3.05 billion. This represents roughly 0.14% of the total cryptocurrency market.

SUI operates as a Layer 1 token on its native blockchain. As such, any significant price rebound in SUI is watched not only as an isolated move but also as a signal that could point to broader trends across the altcoin market.

Key Technical Outlook from AnalystsCrypto analyst Crypto Patel shared his assessment on X, noting that SUI is currently testing a critical trendline support on its high time frame chart. According to Patel, should this support hold, SUI could enter a strong reversal period in the months ahead, with potential gains exceeding 200%.

Crypto Patel emphasizes that SUI is sitting on a major high time frame support line and believes holding this level could trigger a major directional shift for the price in the near future.

The current market structure, according to Patel’s analysis, is mixed yet not entirely weak. SUI has formed a higher low compared to its October 2025 bottom but is now trading at a lower low relative to its February 6, 2026 level. This suggests the market may be searching for equilibrium ahead of a new bullish wave.

Mini glossary: HTF stands for “high time frame” in English, referring to longer-term periods such as daily, weekly, or monthly charts. In technical analysis, these intervals are often seen as more reliable indicators of the main trend compared to short-term fluctuations.

Key Levels and TargetsThe shared trading plan identifies the entry zone for SUI between $0.65 and $0.74. By contrast, a weekly close below $0.64 is flagged as the principal risk that would invalidate any bullish outlook.

Patel’s upside targets are listed at $0.86, $0.98, $1.18, $1.34, $1.50, $1.73, $2.02, $2.34, $2.55, and $2.86, respectively.

IndicatorLevelEntry zone$0.65-$0.74Invalidation levelWeekly close below $0.64First target$0.86Final target$2.86The analysis explores the use of 8x leverage, pointing out that while returns could be amplified in such a scenario, these trades remain extremely sensitive to market conditions and carry a high degree of risk.

Connection with Broader Market TrendsThe current technical setup for SUI mirrors patterns seen recently in Bitcoin, Solana, and several major altcoins, according to market observers. Technical analysts are closely monitoring these assets as they may offer early indicators for a broader market rebound.

Should buying interest in the crypto sector revive further, SUI is seen as a candidate for a parallel recovery alongside other Layer 1 networks. Still, the provided levels and targets are presented as probabilities, not certainties, and depend heavily on evolving market conditions.

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 Shiba Inu exchange reserve has remained flat over the last 24 hours, but its netflow shows that traders are buying rather than taking caution, as market sentiment suddenly flips bullish.

While the crypto market is currently witnessing a sharp resurgence after multiple weeks of severe price corrections, data provided by crypto analytics platform CryptoQuant shows that the Shiba Inu exchange netflow is bullish.

Over 1.3 billion SHIB on saleAlongside the broader crypto market, Shiba Inu has suddenly flipped positive, all thanks to a rapid shift in investor behavior that has caused its selling pressure to fade.

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The surge in investor demand for the leading meme token is evident in its exchange activity, as the data further showed that the Shiba Inu exchange netflow is currently sitting at over -1.3 billion SHIB.

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This means that the number of SHIB tokens that have been moved out of exchanges for purchase purposes over the last 24 hours is substantially more than the SHIB tokens that flowed in for sale, by over 1 billion SHIB.

While Shiba Inu has previously seen bigger netflows, the decent number it recently delivered is considerably significant as it finally provides a bullish outlook for SHIB after multiple weeks of notable price declines.

How long till SHIB reclaims $0.000005?Although Shiba Inu has shown a rapid price increase over the past two days, its price has still yet to reclaim crucial highs long anticipated by its investors.

Following the rapid surge in prices of major crypto assets including SHIB, its price is still trading around $0.000004349 as of the time of writing.

While Shiba Inu has yet to see a substantial surge in its price, analysts believe that sustained demand for SHIB and consistently positive exchange activity could further drive momentum for SHIB, pushing its price to possibly remove another zero before the year ends.

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

Popular meme coin Shiba Inu (SHIB) is showing the first signs of recovery after a prolonged nosedive. After losing 24% of its value in June, the token formed a bullish technical pattern on the short-term TradingView chart in early July, signaling potential upside.

On the 4-hour chart, SHIB recorded a crossover of the fast 23-period moving average above the slower 50-period one. This pattern, known as a "Mini Golden Cross," formed near the $0.000004346 mark.

Shiba Inu (SHIB) price action on a 4-hour time frame, Source: TradingViewThis impulse opens the way for the asset toward local resistance with 9% upside potential. The nearest target is the $0.00000470–$0.00000480 price range, where the long-term 200-period moving average, MA 200, is putting pressure on the price.

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July seasonality vs. 200 MA resistanceThe current rebound is confirmed by historical cycles from CryptoRank, according to which July has traditionally been a comeback month for the Shiba Inu coin after spring-summer sell-offs. As of July 3, the asset has already gained 3.56%, confidently moving toward the month's historical median return of 6.24%.

Past-year statistics show that July has almost always closed in the green: in 2022, the token rose by 13.4%; in 2023, by 11.8%; and in 2025, by 8.92%. Current market cycles show that the 9% upside built into the chart is not random and fully fits within the standard July recovery pattern.

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Further price movement depends on how the asset reacts to key levels in the coming trading sessions:

Bullish case: SHIB holds above $0.000004346, plays out the Mini Golden Cross and breaks through the MA 200, heading toward the historical target of +9%, near $0.00000475.Bearish case: The price runs into resistance from the heavy moving average, the pattern breaks down, and the asset returns to its June lows, testing psychological support at $0.00000400.Right now, the token is trying to lock in its local success and reverse the prolonged bearish trend. However, the situation on the chart is heating up, as the price has moved very close to the heavy MA 200. 

The coming trading sessions will show whether Shiba Inu can maintain its current momentum and complete the historical scenario, or whether the meme token will face strong resistance near the upper boundary of the price corridor.

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

Shiba Inu has seen a substantial spike in on-chain activity, with more than 665 billion SHIB becoming active within the last 24 hours. While the raw figure is impressive, the underlying data paints a more nuanced picture of what is happening behind the scenes. According to the latest metrics, exchange inflows surged by 2.47% over the last day, reaching approximately 628.8 billion SHIB.

Inflows from the biggest transactions rose by 2.38% at the same time that the average inflow size increased by 2.74%. These numbers show that the activity of larger holders, commonly known as whales, has increased dramatically. Exchange netflow remains slightly negative at -2.56 billion SHIB, suggesting that outflows are still marginally exceeding inflows. 

SHIB/USDT Chart by TradingViewThe exchange reserve is still declining and is currently close to 87 trillion SHIB. Because fewer tokens are still easily accessible for purchase on exchanges, declining reserves are typically viewed favorably. Nonetheless, it is impossible to overlook the recent rise in deposits. Historically, when investors transfer funds into trading venues, significant spikes in exchange inflows frequently precede times of high volatility.

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More challenges for SHIBWhether those tokens are ultimately sold depends on broader market sentiment. From a technical standpoint, SHIB continues to face challenges. The asset has been declining steadily for months and is currently trading at about $0.0000043. It remains below all major moving averages, including the 50-day, 100-day, and 200-day trends, confirming that the broader bearish structure remains intact.  

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The RSI is trying to establish a short-term bottom after rising out of oversold territory. However, buyers continue to encounter strong resistance around $0.0000046 and then in the vicinity of $0.0000050-$0.0000055, where prior support levels have become resistance. Despite the protracted downturn, the rise in active addresses and withdrawal addresses indicates that network users have not given up on SHIB. 

Perhaps the most positive feature of the latest data is that the activation of 665 billion SHIB is more a sign that significant market players are repositioning than a sign of an impending breakout. Whether that activity results in accumulation and recovery or just more selling pressure in an already fragile market will be determined over the coming days.

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

Shiba Inu has seen 7.64 million tokens burned in the last 24 hours as token burning continues. According to the Shibburn website, the Shiba Inu burn rate has risen 53.53% over the past day, with 7.64 million tokens burned in this timeframe.

The weekly burn rate has also returned into the green, up 18.66% in the last seven days, with 24.79 million SHIB burned. In the last 30 days, 97.61 million SHIB were burned, resulting in a 27.13% spike in the monthly burn rate. In total, 410,840,195,346,382 SHIB worth $7,358,038,968 have been burned in 21,048 transactions.

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As reported, Shiba Inu was closing in on 1.6 million holders as July saw fresh growth in wallet addresses.

Shiba Inu reboundsThe market is largely in the green in holiday weekend trade amid the Fourth of July celebration in the US. Shiba Inu was also trading in the green, up 1.66% in the last 24 hours and up 3.35% weekly to $0.0000044.

U.S. June employment data came in weaker than expected, reducing bets that the Federal Reserve might increase rates again and weakening the dollar against most major currencies.

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Traders betting against a price increase in the last 24 hours lost $170 million to liquidations, compared to $43.7 million in longs, totaling over $213 million in liquidations according to CoinGlass data.

Meanwhile, CoinMarketCap's "Altcoin Season" indicator is at 50/100, staying in the neutral zone it has been in for the past month as the market awaits a return to risk-on sentiment.

However, the broader market structure remains bearish across the majority of crypto tokens following a succession of lower highs and lower lows.

For Shiba Inu to reverse the downtrend, it needs to trade back above its 50 and 200 daily moving averages at $0.000005 and $0.00000622, with a potential return to $0.000015 if buying pressure is sustained.

Key Takeaways Himax Technologies currently trades at $13.16, approximately 45% under the analyst consensus price target of $23.70 Shares plummeted more than 45% over the last month following a nearly 66% surge in the preceding 90-day period Company forecasts “substantial” revenue expansion from AI and augmented reality glasses in coming years A major brand partner has integrated Himax’s WiseEye technology into smart glasses, with volume manufacturing slated for late 2026 Industry research points to Apple and Nvidia as potential unnamed anchor clients Himax Technologies ($HIMX) currently sits at $13.16 per share, representing a decline exceeding 45% throughout the previous month. This retreat follows an impressive rally that pushed shares up nearly 66% during the prior three-month window.

Himax Technologies, Inc., HIMX

The recent selloff hasn’t deterred Wall Street analysts, whose consensus fair value estimate stands at $23.70 — implying roughly 45% upside from current levels. However, a contrasting discounted cash flow analysis from Simply Wall St suggests intrinsic value could be as low as $2.32 per share.

This dramatic valuation discrepancy keeps the investment debate very much in play.

Bullish investors focus primarily on one catalyst: AI-powered smart glasses. Himax produces ultra-low-power artificial intelligence chips and micro display technology — specialized components that remain difficult to source and essential for battery-efficient smart eyewear functionality.

During the company’s Q1 2025 earnings discussion, CEO Jordan Wu revealed that “a leading brand has adopted our WiseEye for its smart glasses,” noting that high-volume production should commence later this year. Wu added that additional major brands are anticipated to join the ecosystem.

Research analysis from Hunterbrook Media and Citrini Research, examining patent filings, supply chain patterns, and capital allocation trends, indicates these undisclosed partners may include Apple and Nvidia. Neither technology giant has publicly acknowledged such arrangements.

Current Financial Performance Revenue has contracted on a year-over-year basis for multiple consecutive quarters, while net profit margins hover around 4%. These metrics don’t paint the picture of a traditional growth story.

Yet management has provided guidance calling for 10% to 13% sequential revenue expansion in Q2, which would simultaneously represent a return to positive year-over-year comparisons. The company also anticipates improved gross margin performance, potentially flowing through to enhanced bottom-line profitability.

Himax recently introduced its HE Series indirect Time-of-Flight depth decoder integrated circuits — a novel 3D sensing solution that OFILM has already incorporated into robotics applications.

The firm’s co-package optics (CPO) development represents another strategic initiative, focused on enabling ultra-fast data transmission for AI-driven data centers and advanced computing environments.

Industry Competition and Positioning Meta Platforms currently dominates the commercial smart glasses market. The social media giant unveiled a fresh product range in June with entry-level pricing at $224. Meanwhile, Apple, Alphabet, and Amazon are each developing proprietary versions incorporating augmented reality capabilities.

The investment case for Himax rests on its position as a cross-platform component provider, supplying multiple competitors rather than depending on a single platform winner.

The company’s market capitalization currently registers at $2.3 billion. Its 52-week trading range spans from $6.85 to $25.09, underscoring significant price volatility.

Himax confronts genuine operational risks. Geopolitical trade friction, tariff implementation, and inconsistent customer ordering patterns could pressure profit margins and earnings projections. The substantial gap between cash flow-based valuations and earnings-based models creates analytical uncertainty — both frameworks cannot simultaneously prove accurate.

According to its latest quarterly disclosure, Himax anticipates revenues from AI and AR glasses applications will expand substantially throughout the coming years, with mass manufacturing from at least one significant brand partner launching in late 2026.