Track market-moving stories before they get noisy

ONDO: Ondo Tokenized Stocks Are Live on Uniswap

Survey: 88% of enterprises plan to adopt stablecoins within the next year, with cross-border payment costs reduced by an average of 35%.

Payment infrastructure company Cybrid has released a new survey report indicating stablecoins are rapidly gaining traction in enterprise payment scenarios. The survey found that 42% of participating enterprises already use stablecoins for cross-border payments, while 88% said they are likely or very likely to adopt stablecoins within the next 12 months—only 2% of firms stated they will continue to rely entirely on traditional payment systems. According to the report, enterprises using stablecoins save an average of 35% on cross-border payment costs, with firms processing over $100 million in monthly payments achieving an average cost reduction of 47%. Payroll and contractor payments represent the most prominent use case, followed by supplier payments, customer payments, investment and revenue management, and treasury management, among others. Additionally, 71% of respondents identified a clear regulatory framework as the primary factor driving further mainstream adoption of stablecoins, outranking considerations such as infrastructure provider credibility and system integration. The survey was conducted from April to May this year, covering 468 senior executives from tech, financial services, and e-commerce sectors in the United States, Canada, and the United Kingdom.

2 hours ago

FalconX secures EU MiCA license, allowing it to offer compliant crypto services to institutional clients in Europe.

Institutional digital asset broker FalconX announced it has obtained the EU’s Markets in Crypto-Assets (MiCA) license issued by the Malta Financial Services Authority (MFSA), enabling it to provide compliant digital asset trading, custody, liquidity and related institutional services across the European Union (EU) and European Economic Area (EEA). FalconX stated that this license allows it to operate across EU member states under a unified regulatory framework, eliminating the need for individual country-specific licenses. Currently, the firm serves over 2,000 institutional clients worldwide, including asset management firms, hedge funds, banks and family offices, with cumulative transaction volumes exceeding $2.5 trillion and over $8 billion in institutional financing disbursed. FalconX noted that as the MiCA regulatory framework is fully implemented, institutional clients’ demand for compliant trading, custody and liquidity services continues to grow, and regulatory credentials are becoming a key competitive advantage in Europe’s digital asset market.

2 hours ago

Guo Wengui sentenced to 30 years in prison in connection with a fraud case involving over $1 billion.

A US court has sentenced Miles Guo (also known as Ho Wan Kwok) to 30 years in prison. In 2024, a jury convicted Guo on multiple charges including racketeering, fraud, and money laundering, with his formal sentencing now issued. Prosecutors stated that Guo defrauded over $1 billion from global victims through a series of related scam schemes spanning five years. Notably, in 2021, he promoted the cryptocurrency project Himalaya Coin (H-Coin), claiming the tokens were backed by 20% gold reserves and promising to cover all investors’ losses, raising approximately $500 million in total. Additionally, the court previously ordered the forfeiture of nearly $900 million in Guo’s illegal proceeds, as well as his luxury mansion in New Jersey and multiple high-end vehicles. Guo had close ties to Steve Bannon, a former senior advisor to US President Donald Trump; Bannon was arrested in 2020 aboard Guo’s yacht.

2 hours ago

The first-half 2026 funding rankings have been released, with Kalshi and Polymarket raising a combined $1.8 billion.

According to statistics, the 14 largest global funding rounds in the first half of 2026 raised a total of $4.3 billion, with prediction markets, AI, and payment sectors drawing the most investor interest. Specifically, prediction market platform Kalshi topped the list with a $1.2 billion funding round, while Polymarket secured $600 million—together, the two raised $1.8 billion, accounting for over 40% of the total capital of the top 14 rounds. In the AI space, Replit, Exa AI, and OpenRouter closed funding rounds of $400 million, $250 million, and $113 million respectively. For blockchain projects, Canton Network, Arc, and Morpho raised $355 million, $222 million, and $175 million respectively. Meanwhile, payment, RWA, infrastructure, and compliance projects including Rain, Slash, Goldcom, Alpaca, and Elliptic also featured on the list.

2 hours ago

Open Standard launches stablecoin Open USD, with over 140 institutions including Visa, BlackRock, and Coinbase participating.

Open Standard has announced the launch of Open USD (OUSD), a new stablecoin for global fund flows, noting that over 140 enterprises have joined its ecosystem, including financial, payment, and crypto industry players such as Visa, Stripe, Mastercard, American Express, BlackRock, BNY, DBS, Coinbase, OKX, MetaMask, Aave, Ripple, Fireblocks, Solana, and Polygon. According to the introduction, Open USD follows three core design principles: supporting zero-cost, large-scale minting and redemption for enterprises; returning all reserve asset yields to partners after deducting a small management fee; and being governed by a board of directors composed of independent firm Open Standard and its partners, rather than controlled by a single issuer. Open Standard states that Open USD will officially launch later this year, with the goal of building an open, low-cost, high-throughput stablecoin infrastructure with a sharing economy mechanism to meet the needs of the internet economy and global enterprise-level payments.

2 hours ago

Pump.fun is discontinuing support for its tokenized agent issuance feature, stating it will focus on optimizing retail user trading experience.

Pump.fun announced it will immediately cease support for its Tokenized Agent token issuance feature. The feature will no longer be available for new token launches, though projects that have already activated it will remain unaffected. The platform noted that over recent months, consistent community feedback has pointed out that excessive issuance options have sparked unnecessary user vs. user (PVP) competition. Moving forward, Pump.fun will prioritize issuance models and product features that explicitly enhance retail trading experiences.

2 hours ago

Ondo Finance (ONDO) is facing a pivotal moment as it attempts to hold above the $0.30 short-term support level on Tuesday. Since early June, ONDO has declined by more than 30%, putting significant pressure on the technical setup and reducing the probability of a sustained bullish reversal.

Uniswap lists Ondo Finance tokenized stocks and ETFsOndo Finance announced on Tuesday that more than 430 tokenized stocks and Exchange-Traded Funds (ETFs) are now available for trading on the decentralized exchange (DEX) Uniswap.

Qualified participants on Ethereum (ETH) and BNB Chain can now gain exposure to leading equities such as SpaceX (SPCX), Tesla (TSLA), Nvidia (NVDA), and Apple (AAPL), along with major ETFs like QQQ and SPY, all seamlessly via the Uniswap platform.

Ondo Finance stated in the press release that protocols, wallets, or applications that have integrated UniswapX can link their users to Ondo tokenized stocks and ETFs without additional integration work.

Ondo Finance is a leading real-world asset (RWA) tokenization platform, with a self-reported Total Value Locked (TVL) of $1.02 billion. The protocol boasts over 77,000 unique holders spread across over 430 assets.

Ondo Finance stats | Source: Ondo FinancePrice analysis: Ondo under pressure as bearish signals persistONDO trades around $0.31 as bulls aggressively defend the psychological $0.30 support level. Meanwhile, the token upholds a bearish bias, sitting decisively below the short and long-term Exponential Moving Averages (EMAs).

Momentum conditions reinforce the cautious tone, with the Relative Strength Index (RSI) hovering near 39 in weak territory on the daily chart and the Moving Average Convergence Divergence (MACD) histogram still negative, hinting at persistent downside pressure despite mild stabilization.

HYPE/USDT daily chartInitial resistance aligns with the 100-day EMA at $0.34, followed closely by the 50-day EMA at $0.34, forming a compact supply zone that bulls would need to reclaim to ease the current bearish structure. Above these barriers, the 200-day EMA at $0.39 marks a more significant hurdle within the broader downtrend, while the longer-term descending trendline, referenced around $0.52, defines the upper boundary. Looking down, ONDO bulls hold firmly to the immediate support at $0.30, where a deeper sell-off will likely open the door to losses targeting the demand area at $0.25.

(The technical analysis of this story was written with the help of an AI tool.)

Bitcoin, altcoins, stablecoins FAQs Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.

Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.

Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents. To achieve this, the value of any one stablecoin is pegged to a commodity or financial instrument, such as the US Dollar (USD), with its supply regulated by an algorithm or demand. The main goal of stablecoins is to provide an on/off-ramp for investors willing to trade and invest in cryptocurrencies. Stablecoins also allow investors to store value since cryptocurrencies, in general, are subject to volatility.

Bitcoin dominance is the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies combined. It provides a clear picture of Bitcoin’s interest among investors. A high BTC dominance typically happens before and during a bull run, in which investors resort to investing in relatively stable and high market capitalization cryptocurrency like Bitcoin. A drop in BTC dominance usually means that investors are moving their capital and/or profits to altcoins in a quest for higher returns, which usually triggers an explosion of altcoin rallies.

How to Move from a Centralized Exchange to PancakeSwap

Ecosystem

Product

2026-06-30

Moving from a centralized exchange (CEX) to a decentralized exchange (DEX) doesn’t need to feel complicated. This guide is the quick version: get a wallet, add funds, connect to PancakeSwap, and make your first onchain swap with ease.

If you already know how to buy, sell, and withdraw on a centralized exchange (CEX), you're closer to using PancakeSwap than you think. The whole move comes down to four steps: get a wallet, send your funds over, connect, and swap. This guide walks through each one, plus what's worth knowing before you start.

Why Bother Moving at All

On a CEX, the exchange holds your crypto for you. That's simple, but it also means you're trusting someone else to hold your funds, follow your withdrawal request, and more.

On PancakeSwap, a DEX, you hold your own funds in your own wallet. You connect your wallet directly and trade, earn, or explore new tokens with nothing in between you and the chain. This is self-custody: you hold the keys, you hold the funds, and you hold the responsibility that comes with that.

Step 1: Set up a self custody wallet

Install a trusted wallet, create or import your wallet, and store your recovery phrase somewhere secure. PancakeSwap currently supports all the industry-leading wallets, includingMetaMask, Trust Wallet, Binance Wallet, Coinbase Wallet, OKX Wallet, and more so you can use what you already have or grab a new one in a couple of taps.

Your wallet is what you’ll use to hold funds and connect to PancakeSwap.

Step 2: Move funds from your CEX

Go to your exchange's Withdraw page, paste your wallet address, and select the matching network (e.g. BNB Smart Chain / BEP-20). Start with a small test transfer if you're new to moving funds onchain. Withdrawals usually land within a few minutes once the network confirms.

Always double check the network and the first few characters of your address before sending. Onchain transfers can't be reversed.

Step 3: Connect to PancakeSwap

Head to  PancakeSwap (pancakeswap.finance), connect your wallet, and choose the network where your funds arrived. Once connected, you can swap tokens directly from your wallet - no account, no sign-up, no waiting

Step 4: Explore DeFi at your own pace

Once you're set up, there's a lot more than swapping on offer at PancakeSwap

Swap thousands of tokens directly onchain, with MEV protection available to guard your trades Earn by staking CAKE or providing liquidity to earn a share of trading fees and extra incentives Explore the wider menu - perpetuals, tokenized equities and new launches on CAKE.PAD A few habits worth keeping Self-custody puts you in control, and it's worth protecting that control with a few simple habits: never share your recovery phrase with anyone, reach PancakeSwap through the official address, or a saved a bookmark, or by typing the URL yourself rather than clicking links from DMs or ads, and test new addresses or apps with a small amount before committing more.

*A note for EU users: Under the EU’s MiCA framework, some centralized platforms are adjusting or pausing certain services for users in the region. As a non-custodial DEX, PancakeSwap lets you keep trading onchain from your own wallet — no regional account needed. The steps below work the same wherever you are.

Note: This guide is for educational purposes only and is not financial advice. Onchain activity carries risk, always do your own research. You are responsible for verifying every link, address, and contract you interact with.*

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Stack'em,

The Chefs 🥞

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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Nasdaq-listed crypto treasury firm Solana Company has signed a significant cooperation agreement to aid the development of Alatau City, Kazakhstan’s planned, digital-focused megacity. The partnership was unveiled during the Alatau City Roadshow held this June in Shenzhen and Hong Kong, highlighting Solana Company’s ambition to support the region’s expansive digital infrastructure plans.

Agreement scope definedUnder the memorandum of understanding, both parties will work to advise on establishing blockchain and cryptocurrency infrastructure for Alatau City. The roadshow events in China also resulted in a total of 30 partnership agreements with a combined investment potential exceeding $6 billion.

Joseph Chee, Chairman and CEO of Solana Company, expressed his expectations to deepen the partnership and expand the Solana ecosystem’s presence across the region.

The collaboration between Solana Company and Alatau City will cover four main areas: digital asset treasury solutions, blockchain infrastructure deployment, accelerating institutional adoption of blockchain technology, and developing robust digital platforms for the city.

Alisher Abdykadyrov, CEO of the Alatau City Authority, specified that the agreement also includes Solana Company’s participation in the Alatau Crypto Cluster. This cluster is envisioned as a designated pilot zone and economic area within the new city, where the use of cryptocurrencies for daily transactions will be permitted.

Ties between Kazakhstan and Solana deepenThe agreement marks the latest move strengthening Kazakhstan’s relationship with the broader Solana ecosystem. Notably, last year saw the launch of Central Asia’s inaugural Solana Economic Zone in the nation’s capital of Astana, established in partnership with the Solana Foundation.

Just last week, the Kazakhstan Stock Exchange (KASE) introduced its first Solana ETF, providing investors access to regulated investment instruments linked to SOL price movements—making Central Asia’s major exchanges more accessible to digital asset investors.

Mini Glossary: An ETF is an exchange-traded fund tracking the performance of an asset or index. A Solana ETF allows investors regulated access to SOL’s price moves without direct token custody.

During the same roadshow, the Solana Foundation also signed a separate memorandum of understanding with Alatau City, pledging support to expand the city’s blockchain capacity and infrastructure.

Alatau City’s ambitious vision faces cautious realitiesKazakhstan’s President Kassym-Jomart Tokayev introduced the Alatau City project to the international community in May 2024. However, despite its global unveiling, the project remains in the early stages of planning and development, with many fundamentals still under consideration.

Plans envision Alatau City as an integrated smart city from the outset, anchored on artificial intelligence, digital identity, and blockchain technology. The project also foresees the use of low-altitude aerial vehicles, robotaxis, and autonomous drones for transportation and logistics, while proposing that the city’s economy be powered by hydrogen energy.

Nonetheless, the initiative faces significant hurdles. Independent assessment reports released in March highlighted concerns from both the National Bank of Kazakhstan and the Agency for Financial Monitoring about the potential need for constitutional amendments to support a crypto-based economy.

Additional independent sources have pointed to ongoing fundamental infrastructure issues in Alatau City’s designated region, such as continued challenges in accessing basic utilities like natural gas, water, electricity, and internet. While the project’s vision remains compelling for the future, these obstacles suggest considerable implementation timelines ahead.

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.

As Solana nears a critical resistance zone, market participants remain divided on the cryptocurrency’s next direction. While SOL has hovered between $75.50 and $75.66, some analysts suggest this could mark the start of a broader recovery, while others warn it may pose a risky trap for latecomers jumping in after the rally.

$78 emerges as a pivotal levelTechnical charts indicate that the $77 to $78 zone represents a key short-term area to watch. This band aligns with the lower boundary of the range where Solana traded in previous months. After a sharp pullback, SOL’s movement back up toward this level has brought the possibility of a new bottom into focus for traders.

According to Mercury, a stronger bullish signal would require SOL to reclaim its long-term trendline and re-enter the previous four-month trading range. Such a move could frame the recent plunge as a temporary deviation rather than a sign of deeper weakness.

Mercury emphasizes that regaining the $77 to $78 range is technically critical. If SOL sustains levels above this band, the odds for a robust recovery increase considerably.

If buyers manage to push the price decisively above $78, analysts believe bullish control could strengthen. In this scenario, the next major resistance would stand at $95. If upward momentum persists, the $122 level could also become a significant resistance to watch over a longer horizon.

Failure to break could increase pullback riskOn the other hand, market observers note that Solana’s current setup is still in its early stages. Over recent sessions, SOL has tested the upper boundary of its short-term $75 to $76 range and climbed beyond previous local highs. This movement suggests that liquidity above the range may have been absorbed.

TraderJqrit notes that this action might have drawn in investors chasing the breakout, but warns that if the price can’t sustain higher levels, late buyers could be at risk for rapid reversals. In such a case, momentum might shift back to the downside.

TraderJqrit anticipates that if the breakout fails to hold, late buyers could get trapped, exposing SOL to renewed declines toward the bottom of its recent range.

In the event of a downturn, market attention may also turn to Bitcoin’s short-term price action, which could impact Solana’s outlook. TraderJqrit suggests that a shift in Bitcoin’s lower timeframes could support a rebound in SOL, but highlights $63.33 as a major support level to watch closely on the charts.

Solana is known as a blockchain network focused on delivering high-speed, low-cost transactions. As a result, technical breakouts in its native token SOL are closely monitored not just for short-term trading, but also as a barometer of overall market appetite.

Currently, the market’s focus remains fixed on whether SOL can reclaim the crucial $77 to $78 zone and transform it into a sustainable rally. Failure to do so would leave open the risk of a renewed decline toward the $63 region.

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 community takeover, or CTO, is when the holders of an abandoned token band together and run it themselves after the original developer walks away. It is one of the defining rituals of Solana memecoin culture. Here is how a CTO works, why most fail, and what separates the rare survivor from the rest.

Summary

A community takeover (CTO) is when the holders or broader community of a token take over running it, marketing, socials, and coordination, after the original developers abandon the project, walk away, or lose credibility. CTOs are most common with Solana memecoins, where tokens are fully liquid from launch, so the token keeps trading on a decentralized exchange even after the creator leaves. The mechanics involve the community seizing the social accounts, organizing on Telegram and X, sometimes getting listing trackers to relabel the token as a CTO, and rallying new marketing and momentum. The appeal is an underdog, level-playing-field narrative: with the original developer gone and no insider advantage, holders feel they finally own the project outright. The hard reality is that most CTOs fail and the token stays near zero, because a new logo and a Telegram group do not create real demand, and the same speculative dynamics that sank the project remain. Table of Contents

What a CTO is and why it is possibleHow a CTO unfoldsWhy CTOs happen so often on SolanaA worked exampleWhat separates a rare success from the many failuresThe hard truth about CTOs and how to think about the riskFrequently Asked Questions A community takeover, almost always shortened to CTO, is what happens when the people who hold a token decide to take over and run the project themselves after its original developers abandon it, walk away, or lose the community’s trust. It is one of the most distinctive rituals of memecoin culture, particularly on Solana, where the fast, cheap, fully liquid nature of token launches makes both abandonment and revival routine events. In a typical CTO, the founding developer of a memecoin disappears, sells their holdings, or is exposed as untrustworthy, and the token, which would normally just collapse to nothing, instead gets a second life when a group of remaining holders bands together to keep it alive. 

They take over the project’s social media accounts, organize themselves in group chats, raise money for marketing, and try to generate fresh momentum around a token that technically has no team behind it anymore. The contract on the blockchain stays the same; what changes is who is steering the narrative and the community around it. The holders, in effect, seize the wheel of a car the driver has jumped out of.

Understanding the CTO is essential to understanding how the memecoin trenches actually work, because abandonment and revival are not edge cases there but core features of the landscape. This guide explains what a community takeover is and why it is possible at all, the mechanics of how a CTO unfolds step by step, why these takeovers happen so often on Solana specifically, a worked example tracing a typical CTO from abandonment to revival attempt, what separates the rare CTO that succeeds from the many that fail, and an honest look at why most CTOs go to zero and how to think about the risks. 

The aim is to give you a clear and unromantic picture of a phenomenon that memecoin culture often wraps in heroic, underdog language, because the narrative of a community heroically rescuing an abandoned token is emotionally powerful and frequently used to draw in buyers, and the reality is far more sobering than the story. 

This is educational material, not investment advice, and the memecoin environment it describes is among the riskiest corners of crypto.

What a CTO is and why it is possible Start with why a community takeover can happen at all, because the answer reveals something fundamental about how memecoins are structured. When a memecoin launches on a platform like those common on Solana, the token is created with its liquidity placed in a pool on a decentralized exchange, which means the token can be bought and sold by anyone the moment it exists, with no central party required to keep the market running. The developer who launched it does not control the trading; the market lives on-chain, in a liquidity pool that functions independently of whether the creator is still involved. 

This is the structural fact that makes a CTO possible. Even if the original developer completely abandons the project, sells everything, and deletes the social accounts, the token itself keeps existing on the blockchain and keeps trading on the exchange, because the liquidity pool and the contract do not depend on the creator’s presence. The project as a social and marketing entity may be dead, but the token as a tradable asset survives.

This separation between the token and its creator is what gives the community something to take over. In traditional contexts, if a company’s founders walk away, the company often simply ceases to function. But a memecoin is not a company; it is a freely trading token with a community attached, and the community can continue even when the founder does not. A community takeover is the act of that community formally adopting the orphaned token, declaring that they will now run the things the developer used to run, the social media presence, the marketing, the coordination, the narrative, and attempting to carry the project forward on collective effort alone. 

Crucially, a CTO does not change the underlying token or its contract; the holders cannot rewrite the code or mint themselves new control. What they take over is everything around the token: the story, the channels, the momentum. The token is the same; the stewardship is new. This is why a CTO is sometimes described as the community inheriting a project rather than acquiring it, they take possession of an asset that was left behind, with all its existing properties intact, good and bad.

How a CTO unfolds The mechanics of a community takeover follow a recognizable sequence, even though the details vary from case to case. It begins with the trigger: the original developer abandons the project. This can take several forms. The developer might pull the liquidity or sell their entire holding in a rug pull, crashing the price and signaling they have given up; they might quietly disappear, going silent on social media and ceasing all activity; or they might be exposed as having acted in bad faith, destroying the community’s trust even if they have not formally left. Whatever the form, the result is a token with no active team, a collapsed or collapsing price, and a community of holders sitting on losses and a decision: walk away, or try to save it.

If enough holders choose to try, the takeover organizes itself. A core group, often the most committed remaining holders, coordinates through group chats on Telegram and through posts on X, rallying the community around the idea of continuing without the developer. They take over or recreate the social media accounts, establishing new official channels under community control, since the original accounts may have been deleted or abandoned. 

They frequently seek to have the token’s listing on price-tracking sites relabeled to reflect the takeover, since major trackers have processes for marking a token as community-run when the original team is gone, which updates the project’s public information to point at the new community channels. The community then tries to do the work a team would normally do: organizing marketing pushes, raising funds for promotion, sometimes coordinating to provide or lock liquidity, and generating social momentum to attract new buyers. 

In the best cases, the community also pushes for transparency about who is now leading and takes steps to reassure potential buyers, such as confirming that the liquidity is locked or burned so it cannot be pulled again. The whole effort is a bet that collective enthusiasm can substitute for a founding team and breathe new life into a token the market had written off.

Why CTOs happen so often on Solana Community takeovers are not unique to Solana, but they are far more common there than anywhere else, and the reasons are structural to how the Solana memecoin ecosystem works. The first reason is the sheer volume of memecoin launches. Solana’s low fees and fast transactions, combined with launch platforms that make creating a token nearly effortless, have produced an enormous number of memecoins, far more than could ever succeed, which means abandonment is constant and the raw material for CTOs, orphaned tokens, is abundant. 

Where thousands of tokens launch and the overwhelming majority fail or are abandoned, there is a steady supply of projects a community could potentially take over. The second reason is that Solana memecoins are fully liquid from day one, trading freely on decentralized exchanges, so an abandoned token does not vanish; it keeps trading, which is the precondition for any takeover.

The third reason is cultural and narrative. The Solana memecoin scene has developed a powerful underdog mythology around the CTO, in which a community rescuing a token abandoned by a faithless developer is framed as a triumph of the people over insiders. This narrative has real emotional force in a market where traders are acutely aware that many tokens are stacked in favor of developers and early insiders. When the developer leaves, the community feels it is finally operating on a level playing field, with no insider dumping on them and no hidden team allocation, just the holders and the token. 

That underdog framing, the sense of a genuine community reclaiming something and proving the doubters wrong, turns a failed launch into a movement, at least in the storytelling, and movements attract attention and buyers. The combination of constant abandonment, full liquidity, and a culture that celebrates the takeover as a heroic act makes Solana uniquely fertile ground for CTOs. It is worth being clear-eyed that this same narrative is also a marketing device, deployed precisely because it is effective at drawing in new money, which is part of why the romance of the CTO deserves scrutiny rather than acceptance.

A worked example Trace a representative case to see how a CTO actually plays out, using an illustrative example rather than any specific real token. Picture a memecoin that launches with an appealing theme and a charismatic developer who builds an early community. The token runs up quickly as buyers pile in, reaching a meaningful market value within days. Then the developer, having accumulated a large position at launch, sells their entire holding into the buying, crashing the price by most of its value in minutes, and goes silent, deleting the project’s social accounts. The remaining holders are left with a token that has lost the vast majority of its value, no team, and no official channels. By the normal logic of memecoins, this token is dead, and most would simply go to zero from here.

But a group of holders decides to attempt a community takeover. They form a new Telegram group, recreate the project’s presence on X under community control, and begin coordinating. They publicize that the original developer is gone and frame the situation as an opportunity: the insider who was dumping on everyone has left, the liquidity that remains is now locked so it cannot be pulled again, and the token is in the hands of the community. They petition the major price-tracking sites to relabel the token as a community takeover, updating its public listing to point at the new channels. 

They organize a marketing push, pooling funds to pay for promotion and rallying members to post about the revival. For a while, this can work: the CTO narrative attracts fresh attention, new buyers come in drawn by the underdog story and the apparent absence of an insider threat, and the token’s price recovers some ground on the renewed momentum. Whether this recovery lasts is the crucial question, and in the great majority of cases it does not, because, as the next section explains, enthusiasm and a new logo do not generate the durable demand a token needs to hold value. The example shows the mechanism clearly; it does not imply the mechanism usually succeeds.

What separates a rare success from the many failures Among the flood of community takeovers, a small number achieve a real and lasting revival while most fade, and the differences between them, though they do not guarantee anything, are instructive. The first factor is transparent and credible new leadership. A CTO led by identifiable, communicative people who articulate a clear plan and follow through tends to fare better than one run anonymously with vague promises, because trust is the scarce resource in a project that has already betrayed its community once. 

The second factor is the state of the liquidity. A takeover where the remaining liquidity is verifiably locked or burned, so it cannot be pulled out from under buyers again, removes one of the biggest risks and gives new participants a reason to believe the rug cannot happen twice. Checking whether liquidity-provider tokens have been burned or locked is one of the most important pieces of due diligence in any CTO.

The third factor is the distribution of holdings. A CTO where the token supply is spread across many holders is healthier than one where a few large wallets dominate, because concentrated holdings mean a small number of people can crash the price by selling, recreating the very dynamic the takeover was supposed to escape. A diversified holder base gives a revival a more stable foundation. The fourth factor, the hardest and least common, is genuine sustained effort and some reason for the token to attract ongoing attention, real marketing, real community activity, sometimes an attempt to build something beyond pure speculation. 

Even with all of these factors present, success is rare, and it is essential to understand that these are markers that improve the odds at the margin, not formulas that produce a winner. The base rate is failure. The point of knowing the success factors is not to identify guaranteed revivals, which do not exist, but to recognize the warning signs in their absence: anonymous leadership, unlocked liquidity, and concentrated holdings are signals that a CTO is especially likely to fail, and their presence should make anyone considering participation far more cautious. The factors are a filter for avoiding the worst, not a recipe for finding the best.

The hard truth about CTOs and how to think about the risk The unromantic reality, which the heroic CTO narrative tends to obscure, is that the overwhelming majority of community takeovers fail, and the token settles at or near zero regardless of the community’s effort. This is not a cynical exaggeration but the base rate of the phenomenon, and understanding why is essential. A community takeover changes the stewardship of a token, but it does not change the fundamental problem that sank the project in the first place: a memecoin has no inherent product, revenue, or utility, and its price depends entirely on continued speculative demand. 

A new Telegram group, a recovered social account, and a wave of marketing can generate a burst of renewed attention, but attention is not the same as durable demand, and once the initial CTO excitement fades, the token is left exactly where it was, a speculative asset with nothing underneath it, now without even the novelty of a fresh launch. The community can work tirelessly and still fail, because the thing they are trying to revive never had a foundation to stand on.

Compounding this, the same dynamics that make memecoins dangerous in the first place persist through a takeover. The people coordinating a CTO are often the same speculators who bought in originally, with the same incentives to sell into any strength, so a price recovery driven by the CTO narrative can itself become an exit opportunity for early holders at the expense of the new buyers the narrative attracted. The underdog story that draws fresh money into a CTO is, viewed coldly, sometimes a mechanism for transferring losses from the people who held through the crash to the people who buy the revival. There are also coordination and trust problems inherent in running anything by committee with anonymous participants and no formal structure.

For anyone weighing involvement in a CTO, the honest framework is this: treat it as among the highest-risk activities in crypto, assume the base rate is failure, do the specific due diligence that can at least rule out the worst cases, checking that liquidity is locked or burned, researching who is now leading, examining whether holdings are concentrated, and never commit money you cannot afford to lose entirely, because losing it entirely is the most common outcome. The CTO is a real and fascinating feature of memecoin culture, and it occasionally produces a genuine revival, but it is a casino bet dressed in the language of community heroism, and seeing it clearly means holding both the appeal and the brutal odds in view at once.

Frequently Asked Questions What does CTO mean in crypto? CTO stands for community takeover. It refers to a situation where the holders or broader community of a token take over running the project after its original developers abandon it, walk away, or lose the community’s trust. The community assumes the roles a team would normally fill, controlling the social media accounts, organizing marketing, coordinating through group chats, and trying to generate fresh momentum, even though there is no longer an official team behind the token. CTOs are most common with memecoins, especially on Solana, where tokens trade freely on decentralized exchanges and so keep existing even after the creator leaves. A CTO changes who steers the project’s narrative and community, but it does not change the underlying token or its contract.

How does a community takeover work? It usually starts when the original developer abandons the project, by selling out in a rug pull, going silent, or being exposed as untrustworthy, leaving a token with a collapsed price and no team. A core group of committed holders then coordinates, typically through Telegram and X, to keep the token alive. They take over or recreate the social accounts under community control, often get price-tracking sites to relabel the token as a community takeover, and organize marketing and fundraising to attract new attention. They may also confirm that the remaining liquidity is locked or burned to reassure buyers. The goal is to substitute collective community effort for the missing team and revive a token the market had written off. The token’s code itself does not change.

Why do community takeovers happen on Solana? Three structural reasons. First, Solana’s low fees and easy launch platforms have produced an enormous volume of memecoins, the vast majority of which fail or are abandoned, creating a constant supply of orphaned tokens that communities could take over. Second, Solana memecoins are fully liquid from launch, trading on decentralized exchanges, so an abandoned token keeps trading instead of vanishing, which is the precondition for any takeover. Third, the culture has built a powerful underdog narrative around the CTO, framing a community rescuing an abandoned token as a triumph over faithless insiders, which has emotional force and attracts attention. The combination of abundant abandonment, full liquidity, and a celebratory culture makes Solana uniquely fertile ground for community takeovers.

Do community takeovers succeed? Rarely. The overwhelming majority of CTOs fail, and the token settles at or near zero despite the community’s effort. The reason is that a takeover changes who runs the project but not the underlying problem: a memecoin has no inherent product, revenue, or utility, and depends entirely on speculative demand. A new social account and a marketing push can create a burst of attention, but attention is not durable demand, and once the excitement fades the token is left as a speculative asset with nothing underneath it. A small number of CTOs do achieve real revivals, usually those with transparent leadership, locked or burned liquidity, and a diversified holder base, but these are exceptions. The base rate is failure.

How can I tell if a CTO is legitimate? There is no way to be certain, but several checks can rule out the worst cases. First, examine the new leadership: transparent, identifiable, communicative people with a clear plan are a better sign than anonymous accounts making vague promises, because the project has already betrayed its community once. Second, verify the liquidity: check whether the liquidity-provider tokens have been burned or locked, which prevents another rug pull and is one of the most important pieces of due diligence. Third, look at the holder distribution: a supply spread across many wallets is healthier than one where a few large holders could crash the price. These checks improve your odds of avoiding disasters, but they cannot identify a guaranteed winner, because most CTOs fail regardless.

Is buying into a CTO a good investment? It is among the highest-risk activities in crypto, and this is not investment advice. The honest framework is to assume the base rate is failure, because most community takeovers end with the token near zero. The underdog narrative that draws money into a CTO can itself be a mechanism for early holders to exit at the expense of new buyers, transferring losses to the people the story attracted. The same speculative dynamics and trust problems that sank the original project usually persist. If you choose to participate anyway, do the due diligence that can rule out the worst cases, locked or burned liquidity, transparent leadership, diversified holdings, and never commit money you cannot afford to lose entirely, because total loss is the most common outcome.

This article is educational information, not financial or investment advice. Memecoins and community takeovers are among the highest-risk activities in crypto, and most result in total loss. Examples are illustrative and not references to specific tokens. Nothing here is a recommendation to buy or participate in any project. Do your own research and never risk money you cannot afford to lose.

Kamino Finance just rolled out a new vault product that signals where Solana’s DeFi ecosystem is headed: toward the suits. The Hyperithm USDC Apex Vault, which went live on June 30, pairs Kamino’s lending infrastructure with yield strategies curated by Hyperithm, a regulated digital asset manager with roots in Tokyo and Seoul.

The vault is currently delivering approximately 6.77% yield on USDC deposits, with around $200K in total value locked. Those numbers are modest by DeFi standards, but the product itself tells a bigger story about institutional capital slowly finding its way onto Solana.

What the vault actually does Think of an Apex Vault as a managed fund that lives on-chain. Instead of depositors manually hunting for the best USDC lending rates across different pools, the vault’s curator, in this case Hyperithm, automatically allocates capital to optimize returns.

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Kamino has categorized this particular vault as “Balanced” risk. That sits somewhere between the conservative options that prioritize capital preservation and the aggressive strategies that chase higher returns with correspondingly higher exposure. Historically, Kamino’s USDC strategies have offered yields ranging from 4% to 9% APY, which puts the Hyperithm vault’s 6.77% right in the middle of the pack.

Who is Hyperithm Hyperithm isn’t some anonymous DeFi team with cartoon animal profile pictures. Founded in 2018 with offices in Tokyo and Seoul, the firm focuses on quantitative trading and venture investments in digital assets. The “regulated” part matters: operating across Japan and South Korea means navigating two of Asia’s more stringent crypto regulatory environments.

This isn’t Hyperithm’s first vault rodeo, either. The firm has been running similar USDC Apex vaults on Morpho, an Ethereum-based lending protocol, since around late October 2025. Those Ethereum vaults have attracted significantly more capital, pulling in millions in TVL. The strategies there focus on integrating collateral for high borrower yields while maintaining risk controls.

The bigger picture for Solana DeFi Kamino operates as Solana’s largest lending and liquidity protocol, with a multi-billion dollar TVL across its various markets. The platform has been actively pursuing a curator-led product strategy since 2025, essentially inviting professional asset managers to build structured yield products on top of Kamino’s infrastructure.

The risk side deserves honest discussion, though. Vaults like these carry multiple layers of exposure: smart contract risk on Kamino’s protocol, strategy risk from Hyperithm’s allocation decisions, and the ever-present systemic risks that come with DeFi composability. The “Balanced” risk label is Kamino’s own categorization, not an independent rating.

Investors watching this space should pay attention to whether Hyperithm’s Solana vault can replicate the traction its Ethereum counterpart achieved on Morpho. If the TVL grows meaningfully from its current $200K base, it validates the thesis that institutional-grade products can find product-market fit on Solana.

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

July 2026 features one of the largest token unlock schedules the Solana ecosystem has seen this year, led by a major vesting event for memecoin launchpad pump.fun and several sizeable releases across leading DeFi, infrastructure, and consumer-facing protocols.

Here is a breakdown of the most notable Solana ecosystem token unlocks scheduled for July 2026:

$PUMP Pump.fun is scheduled to unlock 86.65 billion $PUMP tokens in July, valued at approximately $123.65 million. The release represents 21.35% of the token's circulating supply and 10.14% of the total supply, making it the largest unlock of the month.

The majority of this release is due to the expiration of the project's original 12-month vesting cliff. 23% of the total $PUMP supply was allocated to team members and existing investors under a vesting schedule consisting of a 12-month cliff followed by 36 months of linear vesting. With that initial cliff now complete, approximately 82.5 billion $PUMP tokens will unlock immediately, while the remainder of the allocation will continue to vest over the following 36 months.

The unlock follows a period of aggressive supply reduction. Yesterday, June 29, pump.fun surpassed $400 million in cumulative $PUMP buybacks and burns, with a total of 146 billion $PUMP permanently removed from circulation. Those burns have effectively offset approximately 41.1% of the token's circulating supply.

The project previously committed to continuing programmatic buybacks for another year in April, allocating 50% of protocol revenue toward repurchasing $PUMP. As a result, July's vesting event coincides with an active supply-reduction strategy that market participants will do well to monitor closely. This will also serve as the first real price test for $PUMP since its TGE and will reveal how effective the buybacks are at absorbing selling pressure from the unlocks.

$JTO Jito will unlock 18.59 million $JTO tokens during July through linear vesting. The release is valued at approximately $14.11 million, representing 3.80% of the circulating supply and 1.85% of the total supply.

Beyond the monthly vesting schedule, July also marks an important milestone for the protocol's broader ecosystem. Jito recently teased the launch of JTX, its new trading app, in July.

Jito already generates revenue from several sources. JTX will introduce an additional revenue stream, with 80% of platform revenue accruing to $JTO holders, while the remaining 20% will support continued platform growth.

$GRASS Grass is scheduled to unlock 21.73 million $GRASS tokens through linear vesting during July. The release carries an estimated value of $10.25 million, representing 3.56% of circulating supply and 2.17% of total supply.

The unlock coincides with several anticipated ecosystem developments. Grass has announced that it will launch an in-app non-custodial wallet in July.

The wallet launch also carries additional significance for token holders. During the project's first Token Holder and Network Participant Call in November 2025, the team stated that full details regarding the second $GRASS airdrop would become available once the wallet goes live.

The upcoming Token Holder and Network Participant Call scheduled for July 7 is expected to provide further updates.

$ARX Arcium will unlock 5.86 million $ARX tokens on July 22, valued at approximately $1.53 million. The release represents 2.81% of circulating supply and 0.58% of total supply.

The unlock follows the launch of $ARX on June 22. Under the project's tokenomics, 185.2 million $ARX, or 18.5% of the total supply, was allocated to the community. At launch, 54.7% of that allocation became immediately available. The July 22 release unlocks an additional 3.164% of the community allocation, equivalent to 5.86 million tokens.

The remaining community allocation remains subject to a 12-month cliff followed by 42 months of linear vesting.

What to Watch July's schedule is dominated by the expiration of pump.fun's early investor and team vesting cliff. The release of more than 86 billion $PUMP tokens represents the largest unlock of the month by a considerable margin. Beyond $PUMP, projects such as $TRUMP and $DBR will introduce sizeable increases in circulating supply.

As always, token unlocks do not guarantee price movement. However, they remain an important metric for evaluating changing supply dynamics, liquidity conditions, and potential shifts in short-term market behavior across the Solana ecosystem.

Disclaimer: Solanafloor is a subsidiary of Jito Network.

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Solana Foundation CPO Shares 2026 Outlook For Solana!

Solana is now processing roughly 100 million non-vote transactions per day, sustaining real-time throughput between 1,200 and 1,900 TPS, and pulling in $100 million in fees.

By June 2026, daily non-vote transactions averaged 102.7 million. Daily active addresses have ranged between 2 and 5 million throughout 2026, with peaks surpassing 4 million users on a single day.

What the numbers actually mean TPS figures can be misleading in crypto. Most chains inflate throughput by counting validator votes alongside real user transactions. Solana separates the two, which makes the 100 million daily non-vote figure the honest version of network activity.

The sustained TPS range sits between 1,000 and 4,000, with real-time snapshots consistently landing in the 1,200 to 1,900 band.

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Applications built on top of Solana generated $2.39 billion in revenue during 2025, a 46% year-over-year increase. Seven individual applications each crossed the $100 million revenue threshold.

The infrastructure behind the activity Solana’s development team has been incrementally raising block compute limits, with proposals targeting around 100 million compute units per block.

The demand driving these upgrades is not coming from one source. DeFi protocols, stablecoin transfers, and payment applications are all contributing to baseline network load.

The network has also weathered a broader industry-wide compression in fee revenue that hit most Layer-1 chains. Solana maintained $100 million in fees during a period when competitors were watching their fee income shrink.

What investors should be watching Seven Solana-based applications each generating over $100 million in revenue individually is the kind of ecosystem depth that took Ethereum years to develop.

The daily active address range of 2 to 5 million creates a volatile but high floor for network engagement. Sustained activity above 4 million daily addresses would signal the high-end numbers are becoming the baseline.

Solana has kept fees low by design, which drives adoption but also caps per-transaction revenue. The network’s ability to compensate through raw volume, 100 million transactions daily, is currently working.

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

Survey: 88% of enterprises plan to adopt stablecoins within the next year, with cross-border payment costs reduced by an average of 35%.

Payment infrastructure company Cybrid has released a new survey report indicating stablecoins are rapidly gaining traction in enterprise payment scenarios. The survey found that 42% of participating enterprises already use stablecoins for cross-border payments, while 88% said they are likely or very likely to adopt stablecoins within the next 12 months—only 2% of firms stated they will continue to rely entirely on traditional payment systems. According to the report, enterprises using stablecoins save an average of 35% on cross-border payment costs, with firms processing over $100 million in monthly payments achieving an average cost reduction of 47%. Payroll and contractor payments represent the most prominent use case, followed by supplier payments, customer payments, investment and revenue management, and treasury management, among others. Additionally, 71% of respondents identified a clear regulatory framework as the primary factor driving further mainstream adoption of stablecoins, outranking considerations such as infrastructure provider credibility and system integration. The survey was conducted from April to May this year, covering 468 senior executives from tech, financial services, and e-commerce sectors in the United States, Canada, and the United Kingdom.

2 hours ago

FalconX secures EU MiCA license, allowing it to offer compliant crypto services to institutional clients in Europe.

Institutional digital asset broker FalconX announced it has obtained the EU’s Markets in Crypto-Assets (MiCA) license issued by the Malta Financial Services Authority (MFSA), enabling it to provide compliant digital asset trading, custody, liquidity and related institutional services across the European Union (EU) and European Economic Area (EEA). FalconX stated that this license allows it to operate across EU member states under a unified regulatory framework, eliminating the need for individual country-specific licenses. Currently, the firm serves over 2,000 institutional clients worldwide, including asset management firms, hedge funds, banks and family offices, with cumulative transaction volumes exceeding $2.5 trillion and over $8 billion in institutional financing disbursed. FalconX noted that as the MiCA regulatory framework is fully implemented, institutional clients’ demand for compliant trading, custody and liquidity services continues to grow, and regulatory credentials are becoming a key competitive advantage in Europe’s digital asset market.

2 hours ago

Guo Wengui sentenced to 30 years in prison in connection with a fraud case involving over $1 billion.

A US court has sentenced Miles Guo (also known as Ho Wan Kwok) to 30 years in prison. In 2024, a jury convicted Guo on multiple charges including racketeering, fraud, and money laundering, with his formal sentencing now issued. Prosecutors stated that Guo defrauded over $1 billion from global victims through a series of related scam schemes spanning five years. Notably, in 2021, he promoted the cryptocurrency project Himalaya Coin (H-Coin), claiming the tokens were backed by 20% gold reserves and promising to cover all investors’ losses, raising approximately $500 million in total. Additionally, the court previously ordered the forfeiture of nearly $900 million in Guo’s illegal proceeds, as well as his luxury mansion in New Jersey and multiple high-end vehicles. Guo had close ties to Steve Bannon, a former senior advisor to US President Donald Trump; Bannon was arrested in 2020 aboard Guo’s yacht.

2 hours ago

The first-half 2026 funding rankings have been released, with Kalshi and Polymarket raising a combined $1.8 billion.

According to statistics, the 14 largest global funding rounds in the first half of 2026 raised a total of $4.3 billion, with prediction markets, AI, and payment sectors drawing the most investor interest. Specifically, prediction market platform Kalshi topped the list with a $1.2 billion funding round, while Polymarket secured $600 million—together, the two raised $1.8 billion, accounting for over 40% of the total capital of the top 14 rounds. In the AI space, Replit, Exa AI, and OpenRouter closed funding rounds of $400 million, $250 million, and $113 million respectively. For blockchain projects, Canton Network, Arc, and Morpho raised $355 million, $222 million, and $175 million respectively. Meanwhile, payment, RWA, infrastructure, and compliance projects including Rain, Slash, Goldcom, Alpaca, and Elliptic also featured on the list.

2 hours ago

Pump.fun is discontinuing support for its tokenized agent issuance feature, stating it will focus on optimizing retail user trading experience.

Pump.fun announced it will immediately cease support for its Tokenized Agent token issuance feature. The feature will no longer be available for new token launches, though projects that have already activated it will remain unaffected. The platform noted that over recent months, consistent community feedback has pointed out that excessive issuance options have sparked unnecessary user vs. user (PVP) competition. Moving forward, Pump.fun will prioritize issuance models and product features that explicitly enhance retail trading experiences.

2 hours ago

Circle CEO: USDC remains the world's most trusted stablecoin, will continue to expand its ecosystem and welcome market competition.

Circle co-founder and CEO Jeremy Allaire stated that as the internet continues to reshape the global infrastructure for storing and transferring value, stablecoins will emerge as one of the world’s largest market opportunities — a core reason Circle was founded and has since built the world’s largest compliant stablecoin network. Allaire noted that USDC remains the world’s most trusted, widely adopted, and institutional-grade stablecoin, with thousands of partners across sectors including banking, payments, capital markets, and enterprises. Circle will continue expanding the USDC ecosystem, including supporting more blockchain networks, enhancing cross-chain interoperability, and enabling more partners to participate in the economic value generated by the USDC network. Additionally, Allaire said Circle welcomes ongoing innovation and competition in the stablecoin space, and will expand support for more U.S. dollar and non-U.S. dollar stablecoins across its products: Arc, CCTP, StableFX, Circle Wallets, and CPN, to advance the development of a stablecoin-centric internet financial system.

2 hours ago

19h35 ▪ 5 min read ▪ by Ghiles A.

Summarize this article with:

The cryptocurrency sector is observing a new phase of activity around Solana, as its network records unprecedented levels of use. The blockchain attracts more users thanks to the growth of decentralized exchanges and the arrival of digital financial assets. This dynamic follows a sharp increase in the token, driven by significant volumes and visible growth of its ecosystem. Recent data shows a change in usage, with a strengthened position in decentralized financial infrastructure. This evolution draws the attention of global market players amid current transformation.

In brief Solana gains 7% and exceeds 75 dollars thanks to record network activity. DEX volumes reach 7.2 billion dollars, surpassing several centralized platforms. Tokenized assets exceed 10 billion dollars, reinforcing institutional usage. Solana’s market capitalization reaches 44 billion dollars, confirming its place among major cryptos. Traders watch the 78-82 dollars resistance against upcoming market developments. Solana Benefits From Record Network Activity and Gains Ground Against Traditional Platforms The recent rise of Solana mainly rests on the intensification of transactions and exchanges carried out on its network. The weekly volume of operations, excluding validators’ votes, has reached an unprecedented level, confirming a larger participation of active users. This dynamic reflects a broader adoption of the ecosystem and a growing use of decentralized applications.

Here are the main indicators of this progress showing the extent of the recorded activity on the network:

Decentralized exchange (DEX) volume: 7.2 billion dollars recorded on Solana-based platforms. Market capitalization: 44 billion dollars after the token’s progress on the crypto market. The price of SOL jumped about 7% to cross the 75 $ mark. Technical resistance zone: 78 to 82 dollars, monitored by investors. Weekly transaction volume: a historic record reached excluding validators’ votes. This rise strengthens Solana’s position among the main blockchain infrastructures on the market. Decentralized exchanges now hold a more significant place in the digital ecosystem, while investors closely follow the network’s upcoming developments. Current technical levels remain a key element to assess the blockchain’s ability to maintain this momentum.

Tokenized Assets Strengthen the Utility of the Solana Blockchain Beyond traditional exchanges, the arrival of real-world assets represents a central element of this new dynamic. Tokenized stocks and traditional shares linked to the network have exceeded 10 billion dollars in cumulative volume. This growth shows increasing interest in the digital representation of existing financial assets. It also indicates that the blockchain is developing uses related to a broader financial infrastructure.

In this context, Solana benefits from the expansion of applications seeking to connect traditional finance to decentralized technologies. Institutions are observing the opportunities offered by asset tokenization. This trend changes the perception of blockchain networks, often associated with digital tokens. Now, decentralized infrastructures also host financial instruments linked to the real economy.

However, market players are also monitoring risks related to rapid price movements. Technical analysts identify several levels likely to trigger profit-taking. The coming months will allow to assess this growth.

Market Prospects Remain Linked to Technical Signals and Adoption Retail investors’ interest has also evolved thanks to analyses shared by some sector observers. The trader known under the pseudonym ” Ansem ” published technical charts accompanied by a long-term projection. This forecast mentions a price target that could reach 1,000 dollars for the digital asset.

On their side, quantitative traders maintain a more cautious approach to current movements. Order book data shows resistance located between 78 and 82 dollars. This zone could temporarily limit progress if sellers increase their presence. Markets analyze several indicators before anticipating a new stage.

Finally, the Solana network will need to maintain its activity pace to confirm lasting interest around its ecosystem. Decentralized exchange volumes, tokenization and daily usage will remain essential elements. The next evolution will depend on the balance between technical adoption and investors. The market will follow these indicators to measure this dynamic.

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Ghiles A.

Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.

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.

Quant hedge funds are having a rough start to 2026. The first two weeks of January produced the worst 10-day stretch for systematic long-short equity managers since October 2025, driven not by a broader market meltdown but by crowded trades blowing up: their own crowded trades blowing up in their faces.

UBS estimated that US-focused quant funds dropped approximately 2.8% in the first two weeks of January 2026. Goldman Sachs prime brokerage data put the average loss for systematic managers at around 1% over the worst 10-day window, but individual firm numbers tell a sharper story.

## Who got hit, and how hard

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Renaissance Technologies reported a loss of approximately 4% in the early days of January. Schonfeld’s quant strategies fell roughly 3.9%. Cubist was down around 2%. Qube, Man Group’s AHL division, Two Sigma, and Engineers Gate all felt the same headwinds.

The culprit was not a market-wide crash. The S&P 500 remained relatively buoyant during this period. What actually drove the losses was a combination of crowded positioning and a short squeeze in lower-quality stocks. Lower-quality, highly shorted equities surged, forcing funds that were short those positions to cover. That covering pressure drove prices even higher, which forced more covering.

## Context: 2025 was already a bruising year for systematic strategies

Quant funds spent much of 2025 underperforming, with a slow bleed of approximately 4.2% from June through July last year. October 2025 then delivered a sharper shock, particularly for Renaissance’s publicly available funds. When early January 2026 produced the worst 10-day performance since that October episode, it landed with added weight.

## What this means for investors watching systematic strategies

The core tension is that quant funds are most useful to institutional portfolios when they are uncorrelated to traditional equity beta. When quant funds lose money in a period when the S&P 500 is stable or rising, that uncorrelation argument gets harder to sustain. Crowded factor exposure is effectively a hidden beta: it looks like alpha until a lot of funds hit the exit simultaneously, at which point it behaves like a leveraged momentum trade that went wrong.

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

Survey: 88% of enterprises plan to adopt stablecoins within the next year, with cross-border payment costs reduced by an average of 35%.

Payment infrastructure company Cybrid has released a new survey report indicating stablecoins are rapidly gaining traction in enterprise payment scenarios. The survey found that 42% of participating enterprises already use stablecoins for cross-border payments, while 88% said they are likely or very likely to adopt stablecoins within the next 12 months—only 2% of firms stated they will continue to rely entirely on traditional payment systems. According to the report, enterprises using stablecoins save an average of 35% on cross-border payment costs, with firms processing over $100 million in monthly payments achieving an average cost reduction of 47%. Payroll and contractor payments represent the most prominent use case, followed by supplier payments, customer payments, investment and revenue management, and treasury management, among others. Additionally, 71% of respondents identified a clear regulatory framework as the primary factor driving further mainstream adoption of stablecoins, outranking considerations such as infrastructure provider credibility and system integration. The survey was conducted from April to May this year, covering 468 senior executives from tech, financial services, and e-commerce sectors in the United States, Canada, and the United Kingdom.

53 minutes ago

FalconX secures EU MiCA license, allowing it to offer compliant crypto services to institutional clients in Europe.

Institutional digital asset broker FalconX announced it has obtained the EU’s Markets in Crypto-Assets (MiCA) license issued by the Malta Financial Services Authority (MFSA), enabling it to provide compliant digital asset trading, custody, liquidity and related institutional services across the European Union (EU) and European Economic Area (EEA). FalconX stated that this license allows it to operate across EU member states under a unified regulatory framework, eliminating the need for individual country-specific licenses. Currently, the firm serves over 2,000 institutional clients worldwide, including asset management firms, hedge funds, banks and family offices, with cumulative transaction volumes exceeding $2.5 trillion and over $8 billion in institutional financing disbursed. FalconX noted that as the MiCA regulatory framework is fully implemented, institutional clients’ demand for compliant trading, custody and liquidity services continues to grow, and regulatory credentials are becoming a key competitive advantage in Europe’s digital asset market.

53 minutes ago

Guo Wengui sentenced to 30 years in prison in connection with a fraud case involving over $1 billion.

A US court has sentenced Miles Guo (also known as Ho Wan Kwok) to 30 years in prison. In 2024, a jury convicted Guo on multiple charges including racketeering, fraud, and money laundering, with his formal sentencing now issued. Prosecutors stated that Guo defrauded over $1 billion from global victims through a series of related scam schemes spanning five years. Notably, in 2021, he promoted the cryptocurrency project Himalaya Coin (H-Coin), claiming the tokens were backed by 20% gold reserves and promising to cover all investors’ losses, raising approximately $500 million in total. Additionally, the court previously ordered the forfeiture of nearly $900 million in Guo’s illegal proceeds, as well as his luxury mansion in New Jersey and multiple high-end vehicles. Guo had close ties to Steve Bannon, a former senior advisor to US President Donald Trump; Bannon was arrested in 2020 aboard Guo’s yacht.

53 minutes ago

The first-half 2026 funding rankings have been released, with Kalshi and Polymarket raising a combined $1.8 billion.

According to statistics, the 14 largest global funding rounds in the first half of 2026 raised a total of $4.3 billion, with prediction markets, AI, and payment sectors drawing the most investor interest. Specifically, prediction market platform Kalshi topped the list with a $1.2 billion funding round, while Polymarket secured $600 million—together, the two raised $1.8 billion, accounting for over 40% of the total capital of the top 14 rounds. In the AI space, Replit, Exa AI, and OpenRouter closed funding rounds of $400 million, $250 million, and $113 million respectively. For blockchain projects, Canton Network, Arc, and Morpho raised $355 million, $222 million, and $175 million respectively. Meanwhile, payment, RWA, infrastructure, and compliance projects including Rain, Slash, Goldcom, Alpaca, and Elliptic also featured on the list.

53 minutes ago

Open Standard launches stablecoin Open USD, with over 140 institutions including Visa, BlackRock, and Coinbase participating.

Open Standard has announced the launch of Open USD (OUSD), a new stablecoin for global fund flows, noting that over 140 enterprises have joined its ecosystem, including financial, payment, and crypto industry players such as Visa, Stripe, Mastercard, American Express, BlackRock, BNY, DBS, Coinbase, OKX, MetaMask, Aave, Ripple, Fireblocks, Solana, and Polygon. According to the introduction, Open USD follows three core design principles: supporting zero-cost, large-scale minting and redemption for enterprises; returning all reserve asset yields to partners after deducting a small management fee; and being governed by a board of directors composed of independent firm Open Standard and its partners, rather than controlled by a single issuer. Open Standard states that Open USD will officially launch later this year, with the goal of building an open, low-cost, high-throughput stablecoin infrastructure with a sharing economy mechanism to meet the needs of the internet economy and global enterprise-level payments.

53 minutes ago

Pump.fun is discontinuing support for its tokenized agent issuance feature, stating it will focus on optimizing retail user trading experience.

Pump.fun announced it will immediately cease support for its Tokenized Agent token issuance feature. The feature will no longer be available for new token launches, though projects that have already activated it will remain unaffected. The platform noted that over recent months, consistent community feedback has pointed out that excessive issuance options have sparked unnecessary user vs. user (PVP) competition. Moving forward, Pump.fun will prioritize issuance models and product features that explicitly enhance retail trading experiences.

53 minutes ago

Key Takeaways Fiscal Q1 results are due Tuesday after market close, with consensus estimates pointing to a 5% revenue decline to $2.39 billion and EPS of $3.19, down roughly 1%. The company’s beer division posted 1% growth last quarter—the first positive result in multiple periods—though operating margins compressed from 36.6% to 33.2%. On Monday, Wells Fargo reduced its price objective from $185 to $170 while maintaining an overweight stance, suggesting potential upside of approximately 18.8%. Shares recently hovered around $141-143, falling about 2.2% Monday and trading significantly below the 52-week peak of $178.13. The beverage company continues divesting lower-performing wine assets while pursuing annual cost reductions exceeding $200 million by fiscal year 2028. Shares of Constellation Brands hovered near $143 on Monday, sliding 2.2% and remaining far from the 52-week high of $178.13. The beverage giant is scheduled to release fiscal first-quarter results following Tuesday’s closing bell, and market participants are focused on a single question: can beer sales maintain their nascent recovery?

Constellation Brands, Inc., STZ

Street expectations remain modest for the upcoming report. Consensus projections from analysts surveyed by FactSet anticipate revenue contracting 5% on a year-over-year basis to $2.39 billion, while earnings per share are forecast to edge down approximately 1% to $3.19.

Context is critical here. The alcoholic beverage industry has faced persistent demand headwinds for several years as consumers navigate tighter budgets. Constellation confronts additional challenges given that Hispanic consumers account for roughly half of its beer customer base, and this demographic has been particularly affected by affordability pressures and immigration policy uncertainty.

However, the previous quarter offered a ray of optimism. During the fiscal fourth quarter that concluded in February, beer revenue climbed about 1% compared to the prior year, marking the first increase after several consecutive declines.

Beer Division Demonstrates Tentative Recovery Company leadership highlighted emerging signs of stabilization among Hispanic shoppers. The Modelo brand continued expanding its market position, while Victoria beer has successfully attracted younger consumers in the 21-to-25 age bracket.

That represents the positive development. The challenge lies in profitability.

Beer operating margin contracted to 33.2% during the fourth quarter, down from 36.6% in the comparable year-ago period. Reduced sales volumes make it more difficult to absorb fixed costs, and aluminum can tariffs have added additional pressure.

Constellation has simultaneously pursued strategic restructuring across other business lines. The company has divested a significant portion of its mainstream wine portfolio to concentrate on higher-end offerings, while expanding its presence in imported Mexican beer, craft spirits, and low- and no-alcohol beverages to address shifting consumer preferences among younger demographics who are moderating alcohol consumption.

Management is targeting over $200 million in annual cost reductions by fiscal 2028 to counterbalance margin headwinds.

Wall Street Sentiment Remains Cautiously Optimistic Analyst opinions on the stock have diverged recently. Wells Fargo lowered its price objective from $185 to $170 on Monday while retaining its overweight recommendation, still implying roughly 18.8% appreciation potential from current trading levels.

Other financial institutions have adopted varying perspectives. Bank of America reduced its target to $152 with an underperform rating, whereas Barclays increased its objective to $170 accompanied by an equal weight view. Both Jefferies and Deutsche Bank maintain hold positions, with price targets of $157 and $155 respectively.

Overall, MarketBeat data indicates a consensus Moderate Buy rating with a mean price target of $172.21. The breakdown includes one Strong Buy rating, eleven Buy recommendations, eight Hold ratings, and two Sell opinions.

The company’s most recent earnings announcement on April 8th actually exceeded Wall Street forecasts. Constellation delivered $1.90 in EPS versus the $1.71 consensus estimate, despite revenue declining 11.3% year over year.

Regarding insider activity, EVP James O. Bourdeau divested 4,407 shares in mid-May at an average price of $143.24, reducing his holdings by approximately one-third. Institutional investors continue to dominate ownership, collectively controlling 77.34% of outstanding shares.

THE STREET: Aptos, Visa and BlackRock among 140 firms launching new stablecoin

Kaspa price has surged about 15% over the past day as investors have positioned ahead of the network’s long-awaited Toccata hard fork despite continued weakness across the crypto market.

Summary

Kaspa surged 15% as traders positioned ahead of the scheduled Toccata hard fork. Investors expect the upgrade to add smart contracts, KRC-20 tokens, and DeFi functionality. Technical buying and short covering helped KAS outperform a weak crypto market. According to the Kaspa network, the Toccata hard fork is scheduled to activate on the mainnet at approximately 16:15 UTC on June 30. Exchanges including HTX temporarily suspended deposits and withdrawals ahead of the upgrade to support the transition.

🎼 Kaspa Mainnet Toccata Activation

The next major milestone for Kaspa is almost here.
Today is the Day!

📍 Activation: DAA Score 474,165,565
🕒 Expected: June 30, 2026 • 16:15 UTC

What does Toccata bring?

⚡ Increased network throughput
⏱️ Shorter block intervals for faster… pic.twitter.com/91EVjrwlTX

— ChoiiMhiee 𐤊 (@mhieechoii) June 30, 2026 The upgrade introduces native smart contract functionality through the SilverScript programming language, while also adding support for KRC-20 tokens, decentralized finance applications, and zero-knowledge privacy features.

Together, these additions remove one of the network’s biggest limitations by expanding Kaspa beyond its original role as a high-speed proof-of-work payment blockchain.

Toccata upgrade has changed Kaspa’s utility With the hard fork approaching, trading activity has accelerated as investors position for higher on-chain activity. According to the Kaspa network, the upgrade is expected to enable developers to build decentralized applications directly on Kaspa by introducing native smart contract functionality, expanding the network beyond its traditional payment use case.

On-chain activity has also supported the bullish narrative. The network is approaching a cumulative milestone of roughly 2.35 billion transactions, demonstrating continued usage of its BlockDAG architecture even as new features are introduced. Supporters of the network have long argued that BlockDAG enables higher parallel transaction throughput than conventional blockchain designs, reducing congestion during periods of elevated demand.

The technical setup amplified the move. Before the hard fork, Kaspa had spent several months trading inside a prolonged consolidation range, with buyers repeatedly defending the $0.025-$0.030 area. The upgrade arrived while many derivatives traders remained positioned for further downside, creating conditions for a short squeeze as spot demand increased.

Forced liquidations of bearish positions added momentum to the rally once price broke above its recent trading range.

The daily chart also shows the recovery pushing KAS back above its 20-day simple moving average near $0.030 while testing resistance around the 50-day moving average near $0.0317. At the same time, the MACD has produced a bullish crossover with the histogram turning positive, indicating improving momentum. 

Kaspa 1-day USDT chart — June 30 | Source: crypto.news Still, the token trades below its declining 100-day and 200-day moving averages, suggesting that a sustained trend reversal would require additional buying pressure.

Technical buying has outweighed macro headwinds Kaspa’s rally has unfolded while much of the cryptocurrency market continues to struggle under an unfavorable macro backdrop. A stronger-than-expected 4.1% U.S. Core PCE inflation reading and the Federal Reserve’s hawkish policy stance under Chair Kevin Warsh have pressured risk assets in recent days, contributing to an estimated $1.79 billion in cumulative outflows from U.S. spot Bitcoin exchange-traded funds.

Unlike many proof-of-stake networks, however, Kaspa operates on a proof-of-work model with approximately 95.4% of its maximum supply already in circulation. With new token issuance steadily declining over time, the introduction of smart contracts and execution fees through the Toccata upgrade has strengthened the network’s utility without materially increasing supply.

Those supply dynamics, combined with renewed developer opportunities and short-covering activity, have helped Kaspa outperform most major cryptocurrencies even as capital has continued flowing out of other digital assets.

Whether the rally extends from here may depend on whether buyers can reclaim resistance around the 50-day and 100-day moving averages before challenging the longer-term 200-day average near $0.0353.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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“Tap to Earn,” Pi Network has introduced one of its biggest ecosystem updates. On Pi2Day, the Pi Core Team launched PiVerify, a new identity verification service that allows businesses outside the Pi ecosystem to use Pi’s KYC technology. 

While many Pioneers see it as a major step toward real-world adoption, Pi Coin price continues to struggle, seeing a 6% drop today.

PiVerify Takes Pi Network Beyond Its Own EcosystemAs part of its Pi2Day update, the Pi Core Team launched PiVerify, a new identity verification service for businesses outside the Pi Network. Until now, Pi’s KYC system has been used only within its own ecosystem. 

With PiVerify, third-party companies can now verify that their users are real people, helping reduce fake accounts and improve security.

The service also increases Pi’s real-world utility. Every business using PiVerify pays for the service in Pi Coin, creating another use case for the token beyond simple peer-to-peer transfers.

PiVerify is a KYC identity verification service available to third-party companies, making Pi’s real-human verification capabilities available outside the Pi ecosystem.

With PiVerify, external platforms can verify their users, reduce fake or duplicate accounts, and support… pic.twitter.com/O0BwsGvWIK

— Pi Network (@PiCoreTeam) June 30, 2026 Pi Network already has more than 18 million KYC-verified users, making it one of the largest verified communities in crypto. The Core Team believes opening this service to outside businesses will help expand Pi’s ecosystem and increase the utility of Pi Coin over time.

Pi Network Also Launches Two More Business ServicesPiVerify wasn’t the only announcement. The Core Team also introduced Pi Sign-in, allowing users to log into supported third-party apps and websites using their Pi accounts.

Another launch, SoloHost, gives developers an open framework to build AI and distributed computing applications through Pi Desktop. Users can run these applications on their computers while accessing them through Pi Browser.

Together, these three launches aim to position Pi Network as more than just a cryptocurrency, expanding its services into identity verification, AI infrastructure, and developer tools.

Pi Coin Price Crashed by 6%Despite the positive announcements, Pi Coin has failed to attract new buying interest. The token is currently trading near $0.1129, down around 6% over the past 24 hours and still nearly 96% below its all-time high of $2.98.

Another concern is the upcoming monthly token unlock. Around 103 million PI, worth roughly $11.7 million at current prices, are expected to enter circulation in July.

As more Pi tokens are released into circulation, selling pressure could rise further because demand is still not strong enough to absorb the new supply.

Story Ends Here

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Five years in the making, Autheo is launching its decentralized operating system on Mainnet — after public testnet adoption surpassed 1.8 million wallets, nearly 1 million smart contracts, and 8.8 million transactions.

Autheo today formally introduced its decentralized operating system to the public: a coordination layer designed to let the traditional Web, blockchain networks, and AI agents interoperate natively as a single system. The company is now launching its Mainnet — the production environment for the network — after more than a year of public testnet activity.

The Coordination Layer The Internet Never Had The networking wars of the 1980s and early 1990s settled a principle that has shaped the Internet ever since: interoperability comes from pragmatic, openly deployed protocols, not top-down frameworks. The standards that won — TCP/IP, DNS, HTTP, TLS — succeeded by being practical and deployable, and the modern Internet still rests on them. The blockchain era took a different path: each network optimized for its own internal consistency — its own security model, consensus mechanism, APIs, SDKs, and developer tooling — and the result has been a fragmented landscape of largely siloed chains. The rapid rise of AI agents now amplifies that fragmentation, as a growing population of autonomous actors needs to transact across Web, blockchain, and AI systems that were never designed to coordinate with one another.

Protocols such as IBC, LayerZero, CCIP, Wormhole, and Axelar have made meaningful progress on chain-to-chain messaging and asset transfer — but those efforts operate at the bridging layer. Autheo addresses the problem from a different angle: a shared substrate where Web services, blockchain networks, and AI agents coordinate natively on a common identity, communications, execution, and infrastructure layer, rather than relying on bridges that pass messages between otherwise disconnected systems.

At the same time, approximately three-quarters of business applications today are delivered as SaaS, and identity, storage, compute, payments, and messaging already run as distributed services across the Web. The Internet, in other words, has quietly taken on many of the functions of an operating system. What it has lacked is the layer that lets those services — together with blockchain networks and AI agents — interoperate by default, rather than through one-off, brittle integrations built per partner, per protocol, and per chain.

Autheo’s purpose is to provide that coordination and execution layer. The Autheo OS exposes the standard functions one would expect of an operating system—identity, scheduling, messaging, state, compute, storage, and execution—as open, programmable services that any application, protocol, or agent can call. The objective is an integration substrate on which Web2 systems, Web3 protocols, and AI agents can transact and collaborate without needing to know which environment the counterparty is in. For autonomous AI agents specifically, Autheo is built around an on-chain, quantum-resistant trust and identity layer — designed so agents can hold credentials, sign transactions, and invoke services without depending on external systems or exposing private keys. The two design imperatives behind the project are simple: integration and interoperability.

“We didn’t set out to build just another network,” said Scott Bayless, Managing Director and co-founder of Autheo. “We set out to find the right relation between the ones we already have. A body has many parts. A city is many trades. The Internet today is many systems — each doing its work, none of them moving as one. With Mainnet now live, Autheo is the layer where the web, the chain, and the agent can finally work together.”

Founded By Long-Time Collaborators Autheo was founded in July 2021 by Todd Mortenson and Scott Bayless, long-time collaborators who have built and operated multiple ventures together over the past two decades.

The founders shared a simple thesis: the next phase of the Internet will be defined less by any single technology — and more by the coordination layer that enables the traditional Web, blockchain networks, and AI to operate as a single system. Much of what ultimately matters in technology tends to begin far from the loudest places — quietly, slowly, by those who would not have been the obvious choices.

Guided by that vision, the founders and engineering leadership spent the project’s first several years researching networks, ecosystems, protocol design, digital identity, post-quantum security, and decentralized coordination before building Autheo from the ground up around four distinct architectural foundations: TheoID — Autheo’s W3C-compliant Decentralized Identifier (DID) implementation — as the native identity primitive for users, services, and AI agents; PQCNet, Autheo’s post-quantum communications and identity framework, built upon NIST-standardized post-quantum cryptography, including ML-KEM (FIPS 203), ML-DSA (FIPS 204), and SLH-DSA (FIPS 205); a sovereign Cosmos SDK Layer 0 with native IBC interoperability; and an integrated EVM-compatible Layer 1 execution environment, operating as a Proof-of-Stake network with delegated staking and licensed validator eligibility, secured by CometBFT block finality (“Proof of Autheo”).

Solidity smart contracts can be deployed natively on Autheo or migrated from existing EVM-compatible chains, providing developers with a familiar development environment while benefiting from native IBC interoperability across the broader blockchain ecosystem.

The research and development underlying the platform has also resulted in an expanding portfolio of patent families covering core architectural innovations, reflecting the team’s long-term intellectual property strategy surrounding decentralized operating systems, digital identity, interoperability, post-quantum security, and related technologies.

Network engineering and Autheo’s post-quantum security architecture are led by Chief Engineering Officer Kenneth Harper, who has overseen the design, architecture, and implementation of the platform through public testnet and into Mainnet launch. Supporting those efforts is a multidisciplinary organization spanning engineering, product, project management, quality assurance, infrastructure, operations, ecosystem development, developer support, business development, partnerships, marketing, global channels, finance, legal, compliance, and intellectual property. Autheo’s broader contributor base spans approximately 100 people across 25 countries — blockchain pioneers, Fortune 500 operators, and researchers from institutions including MIT, Harvard, Stanford, and Caltech. Independent security audits have been completed by Halborn (testnet) and CertiK (Mainnet).

Autheo collaborates with leading infrastructure, security, and ecosystem partners — including Zeeve, InfStones, Hydrex, Halborn, CertiK, TrustSwap, Team.Finance, Utila, Ape Bond, Antier, EVU, among others — across validator and node operations, security audits, custody, token services, and ecosystem development.

Testnet Adoption Has Compounded Autheo’s public testnet went live in 2025 and, over its first twelve months, attracted approximately 350,000 wallets and 60,000 smart contracts as developers stress-tested the network. Following the May 12, 2026, announcement of Mainnet Phase 1, adoption accelerated. In the roughly 45 days since, cumulative wallet addresses have grown more than 5x and smart contracts have grown more than 15x. As of today, cumulative testnet totals stand at:

1,812,088 wallet addresses 968,502 smart contracts (Figures per Autheo network data, June 24, 2026. Independently verifiable on the public testnet explorer: testnet-explorer.autheo.com · verified contracts.)

Daily activity over the past month has averaged approximately 30,000 new wallet addresses and 20,000 new smart contracts. The Autheo testnet is now onboarding more wallets and deploying more contracts in a single day than it did across full months of its first year. Contract density at this stage is unusual for a Layer-1 testnet and reflects the breadth of developer use cases the team has supported across the build-out.

“Mainnet is live,” said Todd Mortenson, Managing Director and co-founder of Autheo. “The industry will be racing to retrofit post-quantum security ahead of NIST’s timeline — our developers won’t have to. We built PQC in from the ground up. One interface for Web services, on-chain protocols, and AI agents. One million human developers on-chain within three years. And the AI agents building alongside them? Orders of magnitude more. The coordination layer for that future is live today.”

What’s Next With the testnet validating the architecture and the Mainnet now launching, Autheo’s near-term focus is on expanding partnerships across the Web2, Web3, and AI communities and supporting builders deploying applications, agents, and protocols on the platform.

Developer Access (Mainnet, Live Today):

Docs: docs.autheo.com Mainnet block explorer: evm-explorer.autheo.com Chain ID: 2127 (0x84f) Public RPC endpoints: rpc1.autheo.com · rpc2.autheo.com · rpc3.autheo.com API documentation: evm-explorer.autheo.com/api-docs GitHub: Public open-source release is in progress; commercial components remain in compartmentalized private repositories. Testnet explorer (with verified-contract source): testnet-explorer.autheo.com

For developers seeking an early path into the Mainnet ecosystem, the Core Node and Prime Node tiers remain available at commerce.autheo.com (settlement via ETH on Arbitrum). These programs provide eligibility for long-term THEO token emissions, enabling developers to begin accumulating THEO for building, deploying, and participating in the network as the ecosystem expands. The Sovereign Validator Node program (399 nodes total) has its first 275 slots fully subscribed; the remaining 124 are reserved for enterprise partners and ecosystem customers. A dedicated builder portal at autheolabs.com is anticipated to launch, providing additional THEO token and validator allocations for projects deploying on the network.

THEO is anticipated to become available on Hydrex.fi in early July 2026, with additional exchange access expected to follow.

Additional documentation ecosystem, security, infrastructure, and listing announcements are expected over the coming weeks.

About Autheo Autheo is building the Internet operating system — a decentralized coordination and execution layer that enables the traditional Web, blockchain networks, and AI agents to interoperate as a single system. The platform utilizes W3C Decentralized Identifiers (DIDs) as its native identity framework and is anchored by PQCNet, Autheo’s quantum-resistant communications and identity infrastructure built upon NIST-standardized post-quantum cryptography, including ML-KEM (FIPS 203), ML-DSA (FIPS 204), and SLH-DSA (FIPS 205). Operating alongside Autheo’s sovereign Cosmos-based Layer 0 and EVM-compatible Layer 1, PQCNet is designed to provide next-generation security for digital identity, communications, authentication, encryption, and trusted interactions across Web, blockchain, and AI ecosystems.

Autheo integrates a sovereign Cosmos SDK Layer 0 with native IBC interoperability and an EVM-compatible Layer 1 execution environment, allowing developers to deploy Solidity smart contracts natively or migrate existing applications from other EVM-compatible networks. Founded in July 2021 by Scott Bayless and Todd Mortenson, Autheo opened its public Testnet in 2025 and launched Mainnet in 2026.

For more information, visit autheo.com and follow Autheo on X at @Autheo_Network. Find the Media Kit at mediakit.autheo.com

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Investment firm Spiko has integrated Coinbase’s stablecoin payment infrastructure into two regulated EU Treasury-bill funds, allowing eligible investors to fund subscriptions and receive redemption proceeds using USDC and EURC. 

Coinbase said Tuesday the integration covers Spiko’s EU T-Bills Money Market Fund and US T-Bills Money Market Fund. Both are structured as Undertakings for Collective Investment in Transferable Securities, or UCITS. Coinbase Payments will provide the payment, wallet and application programming interface (API) infrastructure, with the transactions settling on Base, Coinbase’s layer-2 network. 

The exchange said the products are the first UCITS funds in Europe to accept direct stablecoin payments.

The move into UCITS funds comes as net sales of the assets rebounded in April, the latest data from trade group EFAMA showed on Monday. UCITS saw net inflows of 104 billion euros that month, compared to net outflows of 41 billion euros in March. Net sales reached a new record in 2025, totaling 828 billion euros and surpassing the previous 2021 high of 813 billion euros.

Tokenized funds push toward 24/7 utilityCoinbase described the integration as an example of how stablecoins could reshape payments infrastructure for mutual funds by removing bottlenecks for investors as they enter and exit a product.  It positions stablecoins as settlement infrastructure, connecting onchain capital with regulated investment funds. 

Investors can submit subscriptions at any time, including weekends and holidays. At the same time, redemption proceeds can be delivered to a stablecoin wallet within minutes after a position is liquidated. 

Despite this, round-the-clock stablecoin transfers do not necessarily mean that the underlying fund continuously processes subscriptions and redemptions. Spiko said the Coinbase integration introduces a new payment method rather than changing the funds themselves.

Cointelegraph reached out to Coinbase for more information on order execution, but did not receive a response before publication. 

Other asset managers have tested ways to provide 24/7 access to tokenized funds. In February, WisdomTree received approval for round-the-clock secondary trading and instant USDC settlement of its tokenized Treasury fund, with liquidity supplied by its broker-dealer while primary fund processes remained unchanged. 

Tokenized money market funds are also increasingly being used as infrastructure beyond subscriptions and redemptions. In February, Franklin Templeton and Binance introduced a program allowing institutions to pledge tokenized fund shares as off-exchange trading collateral while the assets remain in regulated custody

Magazine: China’s 107 Bitcoin memory thief, Bithumb CEO booked: Asia Express

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A major stride was made in Europe’s regulated investment market with the launch of blockchain-based payment infrastructure. Coinbase and Spiko have collaborated to enable stablecoin payments for UCITS-structured investment funds. Thanks to this new arrangement, investors can now purchase or redeem fund shares much faster, eliminating the need to wait for traditional bank transfers.

Stablecoins make inroads into UCITS fundsAs part of the integration, Spiko’s EU Treasury Bill Money Market Fund and US Treasury Bill Money Market Fund now accept USDC and EURC stablecoins. These products have thus become among the first UCITS funds in Europe to offer stablecoin funding options. The new system particularly facilitates quicker transitions between regulated short-term public debt funds and digital assets for institutional investors.

Glossary: UCITS is a regulatory framework developed in the European Union to protect investors and ensure risk diversification in collective investment funds. This structure, which facilitates cross-border fund distribution, is widely used throughout Europe.

Investors can acquire fund units with USDC or EURC at any time, including weekends and public holidays, without waiting for regular bank working hours or settlement periods. According to company statements, when redeeming fund units, stablecoins can be transferred to wallets within minutes. This setup is expected to minimize the period during which capital remains idle during transaction processing.

Coinbase and Spiko emphasized that regulated financial products can operate in harmony with digital assets while maintaining full compliance with legal frameworks.

Base network and payment infrastructure highlightedThe payment infrastructure operates through Coinbase Payments, with transactions finalized on Coinbase’s Ethereum layer-2 network, Base. In addition, Coinbase provides both the required wallet infrastructure and payment tools needed for the process. The companies underlined that this model ensures the security and compliance standards that regulated financial markets expect remain intact.

Glossary: Base is a layer-2 Ethereum network developed by Coinbase. Networks of this kind are built to process transactions more quickly and at a lower cost than the main chain.

UCITS funds are among the most heavily regulated investment products in Europe and are widely used by both retail and institutional investors. Bringing stablecoin payments into this framework is being viewed as a significant step in connecting traditional finance and blockchain infrastructure.

Rising institutional interestThe move aims to resolve one of the biggest inefficiencies in traditional markets: slow settlement times. Investors’ ability to access their funds without waiting for standard trading cycles may improve cash management and reduce idle capital.

Citing a study by EY Parthenon, Coinbase highlighted that 88% of institutional investors see same-day, T+0 securities settlement as one of stablecoins’ main use cases.

The announcement comes at a time when institutional interest in blockchain-based settlements is rising. Coinbase CEO Brian Armstrong has also renewed his call to reform accredited investor rules in the US, arguing that the current system creates opportunities reserved solely for wealthy investors.

Meanwhile, a partnership established between global digital payments firm Checkout and Coinbase is expanding stablecoin acceptance for institutional clients. These developments further indicate the tightening link between traditional payment channels and blockchain-based settlement systems.

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.

Cathie Wood’s ARK Invest bought more shares of Coinbase, Circle Internet Group, Bullish and Robinhood on Monday as crypto-linked stocks moved higher. 

Summary

ARK bought nearly $16.9 million in crypto-linked stocks as Coinbase and Circle closed higher Monday. Coinbase led ARK’s latest buying round, while Circle followed after expanding its BNY partnership. The purchases extend ARK’s recent accumulation of crypto equities tied to trading and stablecoins. The trades came across ARK Innovation ETF, ARK Next Generation Internet ETF and ARK Blockchain & Fintech Innovation ETF.

ARK bought 45,164 Coinbase shares worth about $6.85 million at Monday’s closing price. It also purchased 81,757 Circle shares worth about $6.21 million, 149,422 Bullish shares worth about $3.54 million and 2,943 Robinhood shares worth about $299,685.

Source: X Coinbase and Circle lead the buying Coinbase closed Monday up 1.74% at $151.65, while Circle rose 3.25% to $75.96. Bullish gained 1.72% to $23.69, and Robinhood climbed 3.18% to $101.83. Major U.S. stock indexes also closed higher during the session.

The largest purchase by value was Coinbase. ARK has held Coinbase across several funds and often adjusts its exposure when prices move. The firm also rebalances its ETFs so no single stock grows beyond 10% of any fund’s portfolio, according to The Block.

Circle expands BNY stablecoin partnership Circle’s stock move came on the same day that BNY announced an expanded relationship with Circle. BNY said USDC will become the first stablecoin on its Digital Asset Custody platform, giving clients tools to store, transfer, mint and burn USDC.

BNY said the launch builds on its role as primary custodian of USDC reserves. Carolyn Weinberg, BNY’s chief product and innovation officer, said, “As digital assets become increasingly integrated into financial markets, institutions need infrastructure that seamlessly works across traditional and blockchain-based systems.”

Kash Razzaghi, Circle’s chief commercial officer, said, “BNY has always been where institutional finance moves first, and making USDC the first stablecoin included in their new offering reflects the regulatory rigor Circle has built into USDC from day one.”

Coinbase tokenized stock push adds context Coinbase also remains in focus after launching tokenized U.S. stock products earlier this month. As reported by crypto.news, Coinbase launched 1:1-backed tokenized shares of SpaceX, Nvidia, Google, Strategy and Bitmine as part of its plan to build an “Everything Exchange.”

The product allows users to buy, hold, trade and redeem tokenized equity on-chain while receiving dividends linked to the underlying shares. Coinbase CEO Brian Armstrong said, “For the first time, these are real 1:1 backed tokenized stocks you can trust. You own an actual chunk of the company onchain,” as reported by crypto.news.

ARK’s Monday purchases extend a recent run of buying in crypto-linked equities. As previously reported by crypto.news, ARK bought about $25.54 million worth of Coinbase, SpaceX, Circle, Bullish and Robinhood shares last Friday. That followed another round of buying after Coinbase, Circle, Robinhood and Bullish had all closed lower the day before, as reported by crypto.news.

The new purchases show ARK adding exposure while crypto equities trade around fresh product and partnership news. Coinbase remains tied to tokenized equities, Circle to stablecoin infrastructure, Bullish to exchange activity and Robinhood to retail trading.