HYPE za posledních 24 hodin klesl téměř o 12 % na 59,46 USD. Prodejní tlak zesílil poté, co peněženka napojená na a16z prodala HYPE za zhruba 28,38 milionu USD.
Hyperliquid’s native token HYPE falls 12% over the past 24 hours amid massive profit-taking. On-chain data revealed that a wallet linked to venture capital giant a16z has started selling a major portion of its holdings.
a16z Wallet Sells 437K Hyperliquid Tokens amid Massive Profit Booking An a16z-linked wallet known for massive accumulation of HYPE has started selling its holdings, Lookonchain reported on July 17. The wallet has deposited almost 437,000 HYPE tokens, valued at around $28.38 million.
Over the past 2 days, the wallet has dumped its HYPE holdings into Hyperliquid, OKX, Bybit, and Gate crypto exchanges. The selling coincided with massive profit-taking suffered by Hyperliquid.
Spot On Chain revealed another suspected a16z wallet moved $30.57 million to crypto exchanges. The two wallets have dumped $59 million in HYPE over the last 24 hours.
Coinglass data showed $19 million in HYPE long positions liquidated over the past 24 hours. This comes amid broader selling pressure in the crypto market due to new US strikes on Iran and crypto options expiry today.
The crypto market saw nearly $400 million in liquidations over the past 24 hours. Over 100K traders are liquidated, with the largest single liquidation order of ETHUSDT worth $6.24 million on Binance.
To avoid sudden margin wipes during volatile market events, it is essential to use risk-management tools on the best crypto leverage trading platforms available today.
HYPE Price Crashes 12% HYPE price fell almost 12% in the past 24 hours, with the price currently trading at $59.46. The 24-hour low and high are $58.51 and $66.07, respectively. Furthermore, the trading volume has increased by 40% over the last 24 hours, as traders join Hyperliquid profit booking .
Meanwhile, Robinhood Chain overtook Hyperliquid in 24-hour decentralized exchange (DEX) volume, with more than $606 million. Robinhood Chain has recorded massive demand amid RWA, DeFi, and CASHCAT buzz. In the last 7 days, the new chain recorded $5.29 billion in DEX volume, while Hyperliquid saw $1.48 billion in volume.
Ched Trading noted profit-booking in Hyperliquid after it fell below the EMA-8 on the weekly chart. The price could fall further towards $55 if it fails to hold.
Hyperliquid (HYPE) Price in Weekly Timeframe. Source: Cheds Trading Derivatives markets record massive selling, as per CoinGlass data. The total HYPE futures open interest fell more than 8% to $2.55 billion in the last 24 hours. HYPE futures OI on Binance tumbled 13% and 12% on Bybit, signaling bearish sentiment among derivatives traders.
Two days ago this site retired its concern about HYPE when the token bounced over $67. The market took one look at that and reopened the case. HYPE trades at $59.93 now, down 9% in a day, below the round number, 22% off the all-time high it set just a month ago. So: why is Hyperliquid falling? The data gives three answers, and one of them is a date.
HYPE trades at $59.93 as of July 17, 2026, down 9.0% over 24 hours, per CoinGecko. It sits in both the trending and most-viewed lists, which is what happens when a top-10 token breaks a round number. The all-time high: $76.67, set June 16, 2026. One month later the token has surrendered 22% of that.
Answer one: the leverage is leaving HYPE is the token of a derivatives exchange, and its own derivatives tell the story. Futures open interest in HYPE has contracted toward $2.7 billion, long positions have been liquidated in waves through the week, and funding rates collapsed as traders flipped to paying premiums for shorts. That is a positioning cleanout in plain sight: leveraged bulls who bought the June high are being carried out, and each liquidation is forced selling that begets the next. Nothing about that process requires bad news. It only requires a crowded trade, and a token that rallied to an all-time high in mid-June was exactly that.
Answer two: high beta cuts both ways The macro tape has been a blender: a war scare, an inflation surprise, a relief rally, and oil creeping back up on ceasefire doubts. Through all of it, HYPE has moved like what it is, one of the highest-beta large caps on the board. When the market fell last week, HYPE fell hardest in the top 10. When the market bounced on the cool CPI, HYPE bounced hardest. Now the bounce is fading and HYPE is, again, leading the way down. Traders reducing risk sell their most volatile holdings first. HYPE is on top of that list by construction.
Answer three: August 6 Here is the date. On August 6, roughly 9.92 million HYPE unlock for core contributors, about 1% of total supply, worth around $618 million at current prices per CoinGecko unlock data. Unlike this week’s Arbitrum unlock, which went to a DAO vault, this one goes to insiders, the category of unlock with sellers historically attached. Our token unlock guide explains the difference in full. Three weeks out, that number is already doing what big unlocks do before they arrive: giving every nervous holder a reason to sell first and ask questions later.
The One Number That Matters Nine. That is how many consecutive weeks HYPE-focused ETFs have recorded inflows, including roughly $10 million last week, with the token also appearing in a T. Rowe Price crypto ETF’s holdings.
Sit with the contradiction, because it is the entire HYPE story right now. The platform just posted record open interest above $11 billion. Institutions are buying the token through ETFs every single week. And the price is down 22% in a month anyway, because retail leverage leaving is a bigger flow than institutional drip arriving. Both facts are true. The question that decides the next month is simply which flow exhausts first: the sellers being liquidated, or the buyers on autopilot.
Key Levels The broken round number, $60, is now the immediate test from below; reclaiming it quickly would mark today as a flush, not a trend. Below, the next area the market has flagged sits near $56, and beneath that the round $50 enters the conversation nobody wants. This week’s low printed at $59.79; watch whether it holds on a closing basis.
Bottom Line Why is Hyperliquid falling? Because leverage is unwinding on a token that rallied too fast, because high-beta assets lead every selloff by design, and because a $618 million insider unlock is 20 days away and casting a shadow. Against all that stands a business at record volume and nine straight weeks of institutional buying. The honest read: this is a fight between fast money leaving and slow money arriving, at exactly the round number where such fights get settled. $60 reclaimed, the bulls keep the story. $56 lost, the unlock shadow wins early.time high? $76.67, set on June 16, 2026. At $59.93 the token trades about 22% below that peak, one month later.
This article is for information only and is not investment advice. Crypto assets are extremely volatile and you can lose your entire stake. Always do your own research.
Frequently Asked Questions Why is HYPE going down today? HYPE fell 9% to $59.93 on July 17, 2026, driven by unwinding leverage: futures open interest contracted toward $2.7 billion with heavy long liquidations, while broad risk reduction hit high-beta tokens hardest.
What is the HYPE unlock in August? About 9.92 million HYPE, roughly 1% of supply worth around $618 million, unlocks on August 6 for core contributors, per CoinGecko unlock data. Insider-bound unlocks historically carry more sell pressure than treasury unlocks.
Is Hyperliquid the platform doing badly? No. The exchange recently posted record open interest above $11 billion. The token's decline reflects trader positioning and upcoming supply, not visible platform weakness.
Are institutions buying HYPE? HYPE-focused ETFs have logged nine consecutive weeks of inflows, including about $10 million last week, and the token appears in a T. Rowe Price crypto ETF's holdings.
What are the key HYPE price levels? $60 is the broken round number to reclaim. Support sits near $56, then the round $50. This week's low at $59.79 is the immediate line on a closing basis.
What is HYPE's all-time high? $76.67, set on June 16, 2026. At $59.93 the token trades about 22% below that peak, one month later.
AUTHOR
Simeon is a detail-driven editor who sharpens every piece with clarity and precision, ensuring clean, consistent, and professional content throughout.
Bitcoin Japan plánuje získat přibližně 9,66 miliardy JPY, z toho 662 milionů JPY má být použito na první nákup Bitcoinu od přijetí nové firemní identity. Firma zatím nevlastní žádný Bitcoin.
Bitcoin Japan has secured plans to raise approximately 9.66 billion yen (approx $59.5 million), with 662 million yen (approx $4.08 million) earmarked for its first Bitcoin treasury allocation since adopting its new corporate identity.
Summary
Bitcoin Japan has planned a 9.66 billion yen fundraising, with 662 million yen allocated for its first Bitcoin purchases. Most of the proceeds will go toward private equity, rare earth mining, and Robot as a Service investments, while Bitcoin receives about 7% of the total. The funding follows an earlier capital raise that failed to finance its Bitcoin treasury strategy after falling short of its fundraising target. Japanese crypto news outlet CoinPost reported that Tokyo Stock Exchange-listed Bitcoin Japan, formerly Horita Marusho, will issue 1.5 billion yen in unsecured convertible bonds with stock acquisition rights alongside a second series of stock acquisition rights through Cayman Islands-based investment fund EVO FUND.
If the securities are fully exercised, the company expects net proceeds of about 9.657 billion yen.
Bitcoin receives 7% of planned fundraising Company filings cited by CoinPost show that Bitcoin purchases will receive 662 million yen, or about 7% of the planned financing. The largest share, 3.756 billion yen, has been set aside for undisclosed private equity investments, followed by 3.503 billion yen for rare earth mining projects in South Africa and 1.446 billion yen for investments in a Robot-as-a-Service (RaaS) business. Another 290 million yen has been allocated for working capital.
Convertible bonds allow investors to exchange debt for company shares at a predetermined price. CoinPost noted that the structure can reduce immediate pressure on the share price by spreading conversions over time, although the company remains responsible for repayment if the bonds are not converted.
Bitcoin Japan changed its name from Horita Marusho in 2024 and announced plans to transition from a textile trading business into a digital asset treasury company centered on Bitcoin and AI infrastructure. Even so, the company has yet to acquire any Bitcoin.
The latest allocation follows an earlier fundraising effort that fell short of expectations. Company disclosures previously showed that Bitcoin Japan planned to raise as much as 5.715 billion yen in December 2025, including 988 million yen for a Bitcoin treasury strategy. Weak share price performance limited investor participation, reducing the total amount raised to 3.095 billion yen and leaving no funds available for Bitcoin purchases.
Current filings state that the newly allocated Bitcoin funds will be deployed selectively depending on market conditions. The company has not disclosed a purchase timeline, targeted Bitcoin holdings, or performance metrics, although it continues to describe Bitcoin as a long-term hedge against the erosion of fiat currency value.
Financing comes after technology investment push The fundraising follows Bitcoin Japan’s recent expansion into technology investments beyond digital assets.
In May, the company disclosed an investment in SpaceX through its wholly owned U.S. subsidiary, BTCJPN US LLC, using a U.S.-based private secondary market transaction. At the time, Bitcoin Japan said it was targeting sectors including AI compute infrastructure, satellite communications, digital assets, and next-generation technologies as part of its long-term investment strategy.
The latest financing could also substantially increase the company’s share count. According to documents cited by CoinPost, full conversion of the convertible bonds and exercise of all stock acquisition rights at the minimum price would result in dilution of up to 110%, or 115% on a voting rights basis.
Because the transaction qualifies as a large third-party allotment under Japanese rules, the company obtained an opinion from an independent committee consisting of outside legal experts, which concluded that the financing was necessary and reasonable.
Financial results released by the company showed consolidated revenue of 2.959 billion yen and an operating loss of 462 million yen for the fiscal year ending March 2026, extending its streak of operating losses to eight consecutive years. Against that backdrop, the planned Bitcoin allocation represents the company’s first funded step toward executing the treasury strategy it announced after its rebranding.
Nové peněženky za poslední tři dny stáhly z Coinbase Prime 89 396 ETH za zhruba 164,9 milionu USD. Abraxas Capital navíc vybrala dalších 8 452 ETH z Binance a Bybit.
Large Wallets Pull Nearly 90,000 ETH From Coinbase PrimeA cluster of newly created wallets has withdrawn a combined 89,396 $ETH, valued at roughly $164.9 million, from Coinbase Prime over the past three days, according to on-chain analytics platform Lookonchain. The latest batch alone accounted for 20,000 $ETH, worth approximately $37.7 million.
The pattern is drawing attention because the wallets involved were created shortly before each withdrawal, a behaviour that analysts often associate with institutional players setting up fresh custody addresses rather than routine retail transfers. Large withdrawals from centralized exchanges like Coinbase typically suggest accumulation strategies by major holders, possibly in anticipation of price moves or to shift assets to decentralised wallets for security or staking purposes.
The latest transactions suggest that whale activity is increasing just as Ethereum begins recovering from its recent correction. Supporting that narrative, Binance's Cumulative Volume Delta (CVD) has climbed to its highest level in nearly three months, reflecting sustained spot buying rather than a rally driven purely by leveraged futures traders.
Abraxas Capital Adds to Its ETH PositionAbraxas Capital has also been active. The fund recently withdrew an additional 8,452 $ETH, worth around $16 million, from Binance and Bybit, continuing a months-long pattern of exchange outflows. Pulling Ethereum off two separate exchanges suggests Abraxas wants those tokens in cold storage or a self-custodied wallet, not on a trading desk.
Earlier in 2025, Abraxas reportedly accumulated over $477 million in ETH through a series of purchases, partially financed by borrowing stablecoins. The firm has continued that strategy into 2026, and if Abraxas is genuinely trimming Bitcoin exposure to build Ethereum positions, it joins a growing chorus of institutional capital that has been warming to Ethereum's ecosystem developments.
The broader context matters too. The U.S. government moved nearly $300 million in Ethereum to Coinbase Prime earlier this week, yet private whale wallets have continued accumulating in parallel, suggesting demand is absorbing available supply. Whether the current wave of outflows reflects genuine institutional conviction or simple wallet reorganisation remains unconfirmed, but the scale and frequency of transfers is keeping market participants alert.
Sources:
Crypto Briefing: Abraxas Capital deposits $40M in Bitcoin to Kraken, pulls $15M in Ethereum off exchanges
The Coin Republic: US Moves Nearly $300M in ETH and BTC, But Whales Keep Buying
TradingView: Ethereum Price Breaks $1,900 as Whales Fuel Next ETH Rally
Americké spotové Bitcoin ETF 16. července přilákaly čisté přílivy 79,15 mil. USD, vedené BlackRock IBIT s 33,44 mil. USD. Spotové Ethereum ETF naopak zaznamenaly čistý odliv 28,04 mil. USD.
TL;DR U.S. spot Bitcoin ETFs attracted $79.15 million in net inflows on July 16, according to SoSoValue. BlackRock’s IBIT led all Bitcoin ETFs with $33.44 million in fresh inflows. Spot Ethereum ETFs recorded $28.04 million in total net outflows during the same trading session. Bitwise’s ETHW posted the largest single-day inflow among Ethereum ETFs at $2.28 million. U.S. spot Bitcoin exchange-traded funds (ETFs) returned to positive territory on July 16, recording $79.15 million in net inflows, even as spot Ethereum ETFs continued to face investor withdrawals. The latest data from SoSoValue shows BlackRock’s iShares Bitcoin Trust (IBIT) led Bitcoin fund inflows with $33.44 million, while Bitwise’s ETHW posted the largest inflow among Ethereum funds despite the sector finishing the day with an overall $28.04 million net outflow.
According to SoSoValue data, U.S. spot Bitcoin ETFs recorded total net inflows of USD 79.15 million on July 16, led by BlackRock’s IBIT with USD 33.44 million. Spot Ethereum ETFs posted total net outflows of USD 28.04 million, although Bitwise’s ETHW recorded the largest… pic.twitter.com/jgejDWUYgs
— Wu Blockchain (@WuBlockchain) July 17, 2026
The mixed performance underscores how institutional investors continue to favor Bitcoin exposure while remaining more cautious on Ethereum after several weeks of uneven ETF demand.
BlackRock Leads Bitcoin ETF Recovery According to SoSoValue data, the July 16 session saw Bitcoin ETFs attract fresh capital after a volatile stretch that has featured alternating days of inflows and outflows throughout July. BlackRock’s IBIT accounted for the largest share of new investments, adding $33.44 million, helping the sector finish the day with a net gain of $79.15 million.
The accompanying SoSoValue chart shows Bitcoin ETF assets standing at approximately $77.72 billion, with the daily inflow occurring as Bitcoin traded around the $64,000 mark.
Although the latest inflow is modest compared with the billion-dollar sessions seen earlier in the ETF market’s history, it suggests institutional demand has not disappeared despite recent market consolidation. Recent trading sessions have been characterized by rapidly shifting investor sentiment as macroeconomic uncertainty and crypto-specific developments continue to influence fund flows.
Ethereum ETFs Remain Under Pressure While Bitcoin products attracted fresh investment, Ethereum ETFs moved in the opposite direction despite a good market day for Ethereum the day before.
The group posted a combined $28.04 million in net outflows for the day, extending the uneven pattern that has defined Ethereum fund performance in recent weeks.
Despite the overall decline, Bitwise’s ETHW stood out by recording the day’s largest individual inflow at $2.28 million, suggesting that selective investors continue accumulating exposure even as broader sentiment toward Ethereum funds remains cautious.
The divergence between Bitcoin and Ethereum ETFs highlights how institutional capital is currently flowing unevenly across digital assets, with Bitcoin continuing to attract relatively stronger demand.
ETF Flows Remain a Closely Watched Market Indicator Spot ETF activity has become one of the crypto market’s most closely monitored indicators since the products launched, offering insight into institutional appetite for digital assets.
While one day’s inflows do not establish a long-term trend, analysts often view sustained ETF demand as a sign of growing investor confidence because these products provide regulated exposure to cryptocurrencies through traditional brokerage accounts.
BlackRock remains the world’s largest asset manager, and IBIT has consistently ranked among the most actively traded spot Bitcoin ETFs since its launch. Continued inflows into the fund are frequently interpreted as evidence that institutional participation remains resilient despite short-term price volatility.
Investors will now be watching whether the latest inflows develop into a broader recovery after weeks of fluctuating demand.
Earlier this month, Bitcoin ETFs experienced several sessions of significant outflows before returning to positive territory on multiple occasions, reflecting an increasingly volatile institutional landscape rather than a sustained buying or selling trend. Ethereum ETFs have likewise alternated between inflows and outflows, although recent sessions have generally shown weaker momentum than their Bitcoin counterparts.
Tom Lee tvrdí, že Ethereum se stává Wall Street aktivem díky BlackRock BUIDL, JPMorgan MONY a Robinhood Chain. ETH se podle něj opírá o institucionální kapitál, ne o čistě krypto spekulaci.
Ethereum News: BlackRock, JPMorgan Builds Make ETH a Wall Street Asset, Tom Lee Argues
Ahmed Barakat
Author
Ahmed Barakat
Part of the Team Since
Aug 2025
About Author
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
Has Also Written
Fact Checked by
CryptoNews Editorial Team
Author
CryptoNews Editorial Team
Part of the Team Since
Sep 2018
About Author
The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for...
Has Also Written
Last updated:
1 hour ago
In the lastest Ethereum news, Fundstrat’s Tom Lee is arguing that Ethereum’s next major move has nothing to do with crypto-native speculation, and everything to do with institutional capital that is already deployed and building.
Writing in Bitmine’s July Chairman’s message, Lee pointed to BlackRock BUIDL, JPMorgan MONY, and Robinhood Chain as concrete evidence that Wall Street has moved from observation to construction on Ethereum’s rails. The ETH price currently sits near $1,880, about 60% below its 2025 peak near $5,000.
The gap between that peak and current levels is the central question Lee addresses. His read is that it reflects a regime change, not a structural ceiling, the first era of ICOs, NFTs, ETFs, and stablecoins has run its course, and the institutions now building on Ethereum represent a fundamentally different demand base with longer time horizons and larger capital pools.
Discover: The Best Token Presales
Ethereum News: BlackRock, JPMorgan, and the Tokenization Build-OutLee’s institutional case rests on names that move markets in traditional finance. BlackRock BUIDL, the asset manager’s tokenized Treasury fund, now holds roughly $2.6 billion and has earned Moody’s top money-market rating (Moody’s cited).
JPMorgan MONY extended the bank’s tokenization push that began with Onyx in 2020, adding another institutional-grade vehicle to the Ethereum ecosystem.
Electric Capital data cited by Lee puts nearly 6,000 developers on the EVM stack, ranking Ethereum first among all chains for new builders, a metric that matters more to institutions evaluating long-term platform risk than short-term price momentum.
🧵
1/
Bitmine released its July Chairman's Message titled
"ETH is the Cure for the Uncanny Valley of Wealth"
– Two exponential tailwinds for Ethereum
– The crypto headwinds of 2026 are ending
– Bitmine primed for next bull cycle
Linkhttps://t.co/RHYkprmhCD
— Bitmine (NYSE-BMNR) $ETH (@BitMNR) July 16, 2026 Wall Street is building on Ethereum, Lee argues in the Chairman’s message, contrasting 2022’s crypto bear-market backdrop with continued institution-led development.
In 2025 and 2026, institutional crypto infrastructure has continued to expand even as ETH price fell sharply from its cycle highs. That divergence between on-chain institutional activity and spot price is the core of his thesis. For more on how BlackRock’s ETF flows are reinforcing this dynamic, see this analysis of BlackRock ETF inflows and their ETH price implications.
Discover: The Best Crypto to Diversify Your Portfolio
Robinhood Chain: ETH as Settlement MoneyRobinhood Chain, launched July 1 on Arbitrum, handed Lee one of his more striking data points. Within two weeks of going live, it ranked third among all networks by DEX volume at about $811 million daily, briefly surpassing Ethereum itself according to DefiLlama. Ethereum has since reclaimed that position, and cumulative Robinhood Chain volume has crossed $1 billion.
In the Chairman’s message news, Lee argues that Robinhood Chain’s use of ETH (as described in his discussion of the network’s fees and how it settles) makes it a meaningful Ethereum use case.
Source: Robinhood Chain TVL / DefiLlamaThe counterargument is equally straightforward. Artemis CEO Jon Ma has noted that Robinhood Chain’s volume spike is predominantly meme coin-driven, not institutional flows.
And the fee economics cut against Lee’s framing, Robinhood Chain pays Ethereum’s base layer almost nothing in fees. High DEX volume on an Arbitrum-based chain does not translate 1-for-1 into ETH fee burn at the L1 level.
The Amazon Analogy, and the Conflict It CarriesLee frames the current ETH setup through an Amazon analogy: the stock traded near a split-adjusted $6 for 12 years before climbing to $241 as its total addressable market expanded beyond what early investors could model. He also describes the psychology around sellers at depressed prices.
He also concedes the bearish read directly. ETH has failed twice at the $5,000 level, and skeptics argue that the top of the range could limit upside this cycle.
Source: ETHUSD / TradingviewThe conflict of interest embedded in Lee’s thesis deserves direct acknowledgment. Bitmine’s latest weekly disclosure shows 5.77 million ETH, about 4.8% of the 120.7 million total supply. Lee is among the biggest beneficiaries if institutional adoption confirms his thesis.
That does not make his argument wrong, but it reframes every price target he issues as coming from a holder with an extraordinary financial stake in the outcome.
The institutional infrastructure Lee cites is real. BlackRock BUIDL’s Moody’s rating, JPMorgan’s MONY fund, and Robinhood Chain’s early volume numbers are all verifiable facts, not projections.
Whether they are sufficient to drive ETH from $1,880 back through $5,000 and beyond depends on whether institutional capital deepens from product launch into sustained secondary market demand, a step that none of these programs has yet demonstrated at scale.
Trades Ethereum, and Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit
T. Rowe spustila aktivní krypto ETF, které drží i Dogecoin; fond má v DOGE váhu 1,28 % a 2,6 milionu tokenů. Zájem o DOGE ETF ale slábne, od 17. června nepřišly žádné přílivy.
Dogecoin (DOGE) price is down by 3.17% today, July 17, to trade at $0.071 at the time of writing. The drop comes despite T.Rowe launching an active crypto ETF on July 16 that offers exposure to multiple cryptocurrencies, including Dogecoin.
While this will be the fourth ETF for the biggest meme coin by market cap, SoSoValue data shows that institutions are not impressed, with DOGE ETFs recording zero inflows since June 17.
T.Rowe Debuts DOGE ETF With 2.6M Allocation T.Rowe, an asset manager with $1.8 trillion in assets under management, launched the first active crypto ETF on July 16. That ETF holds Dogecoin among other crypto assets.
This crypto ETF launched with $15 million in seed capital from T.Rowe, with Dogecoin getting a weighting of 1.28%. That means the ETF holds 2.6 million DOGE tokens valued at $192,000.
According to Bloomberg ETF analyst Eric Balchunas, T.Rowe is a “legacy stock picker” and the addition of Dogecoin to this ETF alongside Bitcoin and Ethereum suggests the meme coin is getting some credibility from Wall Street.
Still, SoSoValue shows that there have been no inflows to Dogecoin ETFs for one month between June 17 and July 17.
In fact, Dogecoin ETFs have recorded $871,000 in outflows in July, with these outflows coinciding with a $1.2 billion sell-off in the meme coin market.
The lack of retail and institutional demand comes as the price of Dogecoin drops by 54% from its January high of $0.156 to trade at $0.071 on July 17.
Dogecoin Price Signals a Bullish Divergence as Bears Test Crucial Support Dogecoin has printed a bullish divergence on the daily chart because the AO bars that are negative are shrinking despite the price dropping.
These green AO bars support a bullish long-term Dogecoin price forecast because they show that bears are losing their grip.
But the volume bars that have been red for three straight days also show that the selling pressure is still higher than the buying pressure.
This selling pressure could pull the price of Dogecoin below the support of $0.070 to $0.060.
However, if Dogecoin remains above $0.070, it will confirm a double-bottom pattern, that could cause a 10% gain to the July 4 high of $0.079.
DOGE/USDT: 1-day Chart (Source: TradingView) The ADX line that is dropping also suggests that the trend around Dogecoin is weak and the price might hover near this support of $0.070 unless either buyers or sellers return.
Futures Data Signals Weak Demand for Dogecoin Data from Coinglass shows that futures volumes for Dogecoin have dropped by 18% today, July 17, to $775 million at the time of writing. The open interest has also dropped by 11% to $1.01 billion.
Dogecoin Futures Volumes (Source: Coinglass) These drops suggest that futures traders are reducing their positions on Dogecoin as they become less confident about where the price is heading
This drop could be coming from long buyers who are either closing their positions or being wiped out through liquidations.
The exiting long buyers have led to short sellers dominating most of the futures positions in Dogecoin, with the long/short ratio dropping to 0.81.
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Starting at approximately 2026-07-18 20:44 (UTC), Binance will suspend the deposits and withdrawals of token(s) on the Cardano (ADA) network to support its network upgrade and hard fork to ensure the best user experience. The network upgrade and hard fork will take place at approximately 2026-07-18 21:44 (UTC). Please note: The trading of token(s) on the aforementioned network will not be impacted.Binance will handle all technical requirements involved for all users.Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable. No further announcement will be posted.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. For more information, please refer to the announcement from the project team. Thank you for your support! Binance Team 2026-07-17
Velcí držitelé Cardano zvýšili své držby na 25,65 miliardy ADA, zatímco retail ustupuje. Síť čeká aktivace hard forku Van Rossem, která má být spuštěna 18. července.
Cardano (ADA) is currently trading between $0.161 and $0.163, reflecting a slight decline of around 1.4% as short positions drive market sentiment ahead of a major network upgrade set for July 18.
Institutional accumulation contrasts retail behaviorADA traded in a range between $0.1611 and $0.1664 during the latest session, pulling back from early July’s high near $0.195. However, notable accumulation is taking place among large holders. Wallets holding between 100,000 and 100 million ADA have increased their combined balance to 25.65 billion ADA, a level last seen in February 2023. This cohort of investors, often considered “whales,” appears to be taking advantage of the current price dip to expand their positions.
In contrast, retail investors are demonstrating less interest in accumulation. Data shows that wallets with fewer than 100 ADA now own approximately 0.7% less than they did four months ago. This suggests a divergence between institutional and smaller holders regarding the outlook for Cardano.
Large Cardano investors controlling 100,000 to 100 million ADA have now amassed 25.65 billion ADA, marking the highest accumulation rate since February 2023, while retail participation continues to decline.
On the derivatives side, CoinGlass reports show ADA’s weighted funding rate at -0.0067%, indicating that short sellers are paying long traders. The long-to-short ratio stands at 0.58, signaling bearish sentiment, while open interest in ADA futures has risen by about 4% to between $421 million and $445 million.
Van Rossem upgrade scheduled for July 18The next significant event for the Cardano network is the activation of the Van Rossem hard fork, which was formally approved on July 13. Intersect, the Cardano ecosystem’s member-based governance body, has directed all infrastructure operators to complete necessary software updates before the scheduled upgrade. The Van Rossem update is set to go live at 21:45 UTC on July 18.
Van Rossem will bring reduced transaction fees and upgraded Plutus smart contract features. These improvements are designed to make decentralized applications and network transactions more efficient and affordable. In addition, the upgrade sets the groundwork for a future performance enhancement known as Leios, aimed at boosting Cardano’s transaction processing capacity by the end of 2026.
Mini dictionary: Intersect, established in 2023, is a member-driven governance organization designed to provide decentralized and collaborative oversight for Cardano network operations and upgrades.
The Van Rossem hard fork will introduce enhancements to the Plutus smart contract platform and lower execution costs, paving the way for more scalable applications on Cardano in the future.
Key technical levels and analyst perspectivesADA is currently trading just below the Murrey Math resistance level at $0.1709 on the daily chart. The Relative Strength Index (RSI) is in the range of 44.0 to 46.9, reflecting neutral to moderately bearish momentum. The MACD also indicates minimal positive movement at this stage.
Critical resistance areas lie at $0.173 (23.6% Fibonacci retracement), $0.179 (50-day EMA), and a higher band between $0.195 and $0.207. Nearest support stands at $0.150, with a previous cycle low at $0.1382 from June 25. A concentrated liquidity pool is visible in the $0.160–$0.161 range, with substantial interest also clustered near $0.170. Prices falling below $0.160 could trigger long position liquidations, pushing ADA to around $0.1465. A move above $0.170 may lead to a short squeeze and a potential price recovery.
LevelTypePriceImmediate ResistanceMurrey Math$0.1709ResistanceFibonacci (23.6%)$0.173Resistance50-day EMA$0.179ResistanceRange High$0.195 – $0.207SupportNearest Support$0.150SupportJune Low$0.1382Market analyst Celal Kucuker recently shared his outlook on X, stating that he believes Cardano could reach a new all-time high of $5, pointing to a bullish divergence visible on the weekly RSI. He views the present price zone as a potential bottom and expects a strong rally to begin from current levels.
Despite these optimistic projections, ADA remains below its 50-day, 100-day, and 200-day exponential moving averages, located at $0.179, $0.208, and $0.276 respectively, indicating that the wider downtrend is still intact ahead of the Van Rossem upgrade.
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.
Charles Hoskinson uvedl, že chystané oznámení o Midnight v Japonsku stále platí a že dohoda se SBI–Solana s tím nesouvisí. Potvrdil, že oznámení je stále v plánu.
Cardano founder Charles Hoskinson has reassured the community that a major announcement involving Midnight is still on the way.
His comments came after rumors emerged that the highly anticipated Japanese partnership he teased in June had collapsed following a partnership between Japanese financial giant SBI Group and the Solana Foundation.
SBI-Solana Partnership Sparks Speculation As previously reported, SBI Group partnered with the Solana Foundation as part of efforts to position Japan as a leading hub for institutional on-chain finance in Asia. Consequently, some Cardano community members questioned whether SBI was the same company Hoskinson had referenced several weeks earlier.
One community member suggested that the newly announced SBI–Solana partnership could have been the deal Hoskinson had previously hinted at, arguing that the agreement may have fallen through before SBI ultimately chose Solana.
The speculation quickly gained traction because Hoskinson had earlier revealed that Midnight was close to securing a significant partnership in Japan.
Hoskinson Separates SBI Partnership From Midnight Deal However, Hoskinson swiftly dismissed the rumors and made it clear that the SBI–Solana partnership is unrelated to Midnight.
According to the Cardano founder, the SBI collaboration had “nothing to do” with the agreement he has been discussing. He also stressed that the anticipated announcement is “still pending,” indicating that the rollout remains ongoing rather than being canceled.
Notably, his clarification reassures the Cardano community that the previously teased Japanese initiative has neither been replaced nor abandoned.
This had nothing to do with that deal. ANN still pending
— Charles Hoskinson (@IOHK_Charles) July 14, 2026
Initial Midnight Teaser Hoskinson’s latest remarks refer back to comments he made in June, when he revealed that Midnight secured a significant partnership with a major Japanese company.
At the time, he admitted he was surprised that Cardano had managed to attract such a prominent partner. Although he declined to identify the company, he disclosed that the initiative revolves around NIGHT liquidity in Japan.
Following his latest clarification, the Cardano community continues to await the long-promised announcement.
Why the Midnight Partnership Matters Midnight remains one of the most significant technological developments within the Cardano ecosystem. Designed as a complementary privacy-focused blockchain, it enables organizations to process sensitive financial, enterprise, and regulatory data while preserving the security and transparency of Cardano’s public ledger.
Since its launch, Midnight has already attracted several high-profile partners, including Google and Telegram-related AlphaTON Capital. Consequently, a successful partnership with a major Japanese company could further strengthen Midnight’s institutional credibility and expand its presence in one of Asia’s most important financial markets.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Objem obchodů s USDT ve Venezuele dosáhl mezi 11. červnem a 13. červencem zhruba 75 % měsíčního vývozu ropy. PDVSA už od let 2023–2024 požaduje platby v USDT.
Venezuela, a country sitting on the world’s largest proven oil reserves, now has a parallel financial system powered by a token pegged to the US dollar. USDT trading volume in the country reached roughly 75% of monthly oil exports during the period from June 11 to July 13, a figure that would have sounded absurd even two years ago.
How Tether became Venezuela’s shadow dollar PDVSA, Venezuela’s state oil company, began requiring USDT prepayments for oil sales as early as 2023-2024. By Q1 2024, many deals demanded half the cargo value upfront in Tether’s stablecoin.
According to economist Asdrúbal Oliveros, as cited by the Wall Street Journal, an estimated 80% of Venezuela’s oil revenue is expected to be settled in USDT by late 2025 or early 2026.
Advertisement
Venezuela’s total crypto transaction volume tells an even bigger story. Chainalysis data shows the country recorded $44.6 billion in crypto transactions in the 12 months ending June 2025.
The sanctions squeeze and stablecoin escape valve US sanctions on Venezuela have progressively tightened over the past several years, targeting PDVSA specifically and making it nearly impossible for the company to access the global financial system through normal channels. USDT offers something the bolívar cannot: stability. Venezuela’s local currency has been ravaged by hyperinflation for years, making it essentially useless as a store of value.
Tether reportedly froze at least 41 wallets linked to Venezuelan sanctions evasion attempts by mid-2024. Then in January 2026, Tether executed a larger freeze totaling $182 million.
Why this matters beyond Venezuela For the broader crypto market, Venezuela’s USDT adoption creates a tension: it validates that stablecoins serve a genuine economic function in real commerce and commodity settlement, while handing ammunition to regulators who have argued that crypto enables sanctions evasion.
Traditional oil market intelligence, built on tracking tanker movements and banking flows, becomes less reliable when settlement happens on-chain through layered wallets. Circle’s USDC has positioned itself as the compliance-first alternative to Tether, but USDT’s dominance in emerging and sanctioned markets gives it a usage moat that is hard to replicate.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Paolo Ardoino uvedl, že USDT přidává přes 30 milionů nových peněženek za čtvrtletí a celkově se blíží 500 milionům. V Q3 2024 Tether zaznamenal 36,25 milionu nových peněženek.
Tether is adding new wallets at a pace that would make most fintech companies weep into their pitch decks. CEO Paolo Ardoino says the company’s USDT stablecoin is onboarding more than 30 million new wallets every single quarter, a growth clip that has pushed the total user base to approximately 500 million wallets.
The quarterly additions aren’t just a rough estimate Ardoino throws around at conferences. In Q3 2024, Tether recorded 36.25 million new USDT wallets, representing an average quarterly growth rate of about 9%.
By November 2025, Ardoino pegged the total at around 500 million wallets concentrated heavily in emerging markets. Projections suggest that figure could stretch past 530 million by early 2026 if the current pace holds.
Advertisement
Over 100 million users reportedly hold USDT on centralized exchanges, meaning the actual footprint of Tether’s stablecoin extends well beyond what blockchain explorers can count.
On the supply side, Tether’s attestation covering the first three quarters of 2025 showed 174.4 billion USDT in circulation, backed by what Tether says is a robust portfolio of US Treasuries.
In countries where the local currency loses purchasing power faster than you can spend it, a dollar-pegged digital token isn’t a novelty. It’s a financial lifeline. Ardoino has consistently framed USDT’s expansion as a financial inclusion play, and the wallet data from emerging markets supports that narrative. People use it for remittances, savings, and everyday transactions in places where traditional banking infrastructure is either expensive, unreliable, or simply absent.
For context, PayPal took roughly two decades to hit 400 million active accounts globally.
Circle’s USDC has made meaningful inroads with institutional clients and regulatory compliance, but Tether’s grassroots adoption in emerging markets is a fundamentally different competitive moat.
USDT serves as the primary quote currency on most major exchanges outside the US. When Tether’s supply grows, it typically signals fresh capital entering the crypto ecosystem, either through direct minting by institutional counterparties or organic demand from users converting fiat into stablecoins.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Tron Inc. koupila dalších 151 976 TRX a zvýšila své zásoby na více než 705,3 milionu tokenů. TRX se mezitím drží v pásmu 0,314 až 0,335 USD a při průrazu může mířit na 0,364 USD.
TRON (TRX) is maintaining a critical support zone, with market observers highlighting the potential for a bullish reversal if buyer momentum persists. Tron Inc., the company behind the TRON blockchain, recently increased its TRX holdings, citing confidence in long-term ecosystem growth and asset value.
Price action and key support levelsTRX is currently trading at $0.3231, recording a 24-hour trading volume of $414.65 million and holding a market capitalization of $30.65 billion. The coin has shown relative stability over the last day, with a price structure that some analysts interpret as a precursor to upward movement if support zones remain intact.
Crypto analyst Umair Orakzai stated that TRX is approaching a critical support area within its established range, offering opportunities for buyers to retain influence over price action. The price has been consolidating in a channel between $0.314 and $0.335.
A move above this range could accelerate bullish momentum, potentially targeting $0.364 as the next resistance level. On the other hand, a breakdown below the lower boundary would prompt TRX to test its previous support, with traders watching for possible reversal signals. Should further declines persist, analysts expect the token to reach what is referred to as the ‘Golden Pocket,’ often seen as a robust area for a price reaction.
Mini dictionary: Golden Pocket, a term used in technical analysis describing a price range, typically between the 0.618 and 0.65 Fibonacci retracement levels, where strong support or resistance is expected.
Analyst Umair Orakzai has pointed out that if buyers hold the $0.314 to $0.335 range, a breakout could drive TRX towards its next target near $0.364, cementing bullish sentiment in the market.
Price ZoneRole$0.314-$0.335Support/Trading Range$0.364Next Resistance TargetTron Inc. increases TRX holdingsTron Inc. has confirmed that it recently acquired an additional 151,976 TRX tokens at an average price of $0.3290 per token, bringing the firm’s total TRX reserves above 705.3 million tokens. The company has stated that growing its treasury in TRON Digital Asset Treasury (DAT) remains a key objective, aiming to deliver future value for shareholders through the accumulation of strategic assets aligned with the TRON ecosystem.
Mini dictionary: Tron Inc., developer and operator of the TRON blockchain ecosystem, is known for its focus on decentralized applications, smart contracts, and digital asset management, serving as the central entity for project governance and development.
According to the company, ongoing accumulation reflects its positive outlook for the TRON network’s long-term prospects. Institutional confidence through such purchases is often interpreted as a vote of support for the stability and future growth of an ecosystem.
Tron Inc. emphasized that increasing their holdings in the Tron Digital Asset Treasury is a key strategy intended to generate value for shareholders and demonstrate trust in the network.
Market trend and outlookDespite the accumulation by Tron Inc. and positive price predictions, the broader market trend remains a headwind for TRX. A sideways movement in the price of Bitcoin has tempered gains across most altcoins, including TRON.
TRX traders are closely monitoring the support zone to gauge near-term direction. Should buyers maintain this level, the price could challenge the $0.364 resistance with renewed bullish pressure. However, a drop below support may trigger significant selling as technical traders adjust their positions.
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.
Cronos spustil nativní $USDC, $EURC a Circle CCTP, čímž se stal prvním blockchainovým ekosystémem s těmito třemi produkty současně. Integrace má zjednodušit přesuny stablecoinů napříč řetězci.
Cronos, an EVM-compatible L1 chain, launched $EURC, $USDC, and the Cross-Chain Transfer Protocol (CCTP) of the U.S.-based fintech entity Circle. The rollout denotes a notable landmark for the network as it readies for the Cronos app’s upcoming debut. As Cronos disclosed in its official announcement, it is the earliest blockchain ecosystem to unveil all 3 Circle-backed products at the same time. The respective integration is poised to deliver consumers, institutions, and developers with seamless access to fully compliant stablecoin infrastructure.
Cronos Natively Incorporates $USDC and CCTP to Bolster Infrastructure The launch of $EURC, $USDC, and the CCTP protocol of Circle on the Cronos network highlights a key move. The integration is set to provide institutions, developers, and consumers with streamlined access to compliant stablecoin infrastructure. Additionally, the move focuses on simplifying transfers across chains and supporting a wider range of notable financial apps across the ecosystem.
Simultaneously, the launch is associated with the Cronos app’s development. It is a mobile-first trading entity developed through the Cronos blockchain with notable support from Crypto.com. Specifically, the application is anticipated to permit consumers to efficiently trade their tokenized stocks, prediction market assets, and cryptocurrencies from one account. Additionally, the platform is poised to provide almost 10x buying power, availability in over 183 jurisdictions, and round-the-clock market reach.
Apart from that, native $USDC is set to play the role of a central settlement asset operating in the Cronos app. Following the launch of the platform, consumers will get the capability to deposit their $USDC tokens and use an inclusive balance for the trading of diverse asset classes. Each of the transfers on the platform will witness its settlement in $USDC, marked by redeemability for U.S. dollars on a 1:1 ratio.
Accelerating Worldwide Stablecoin Adoption According to Cronos, a critical element of this development is the inclusion of the Cross-Chain Transfer Protocol (CCTP) of Circle. The protocol allows consumers to shift $USDC between compatible blockchain ecosystems without depending on 3rd-party bridges or wrapped tokens. With this mechanism, consumers will get the ability to transact $USDC from over 20 compatible chains to Cronos. Additionally, $EURC’s integration further broadens the platform’s stablecoin offerings. Overall, with the merger of native $EURC, $USDC, and CCTP integration, Cronos focuses on elevating its position as a prominent blockchain ecosystem for compliant digital asset operations and worldwide financial innovation.
AUTHOR
Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.
BonkDAO přišel o přibližně 20 milionů USD poté, co útočník s nákupem BONK za asi 4,4 milionu USD prosadil návrh při nízké účasti voličů. Stejný typ „apathy attack“ už dříve zasáhl i Compound.
Someone just walked into BonkDAO, spent roughly $4.4 million on tokens, and walked out with approximately $20 million from the treasury. Not by hacking smart contracts. Not by finding a zero-day exploit. By simply showing up to vote when nobody else did.
Welcome to the era of the “apathy attack,” a term coined by Dr. NickA (Nick Almond), Head of Governance at Jito Foundation, to describe a governance exploit pattern that has now hit DAOs from Compound to BonkDAO. The vulnerability isn’t in the code. It’s in the community.
How the BonkDAO attack unfolded On July 6, 2026, an attacker acquired enough BONK tokens to surpass the DAO’s 1% quorum requirement. Only about 2.9% of total participants actively voted on the malicious proposal, spread across just 7 wallets. The proposal passed and drained roughly 4.43 trillion BONK tokens, valued at approximately $20 million, from the treasury.
Post-attack, the stolen tokens were reportedly moved into a newly established “BONK 2.0” multisig DAO controlled by the attacker and their associates.
Advertisement
The irony is thick: BonkDAO specifically set its quorum at 1% as a measure to deter apathy by making governance participation easy. Instead, the low threshold made governance capture trivially cheap.
Compound’s earlier warning shot Compound, one of DeFi’s most established lending protocols, faced its own governance crisis back in July 2024. Declining voter participation created the conditions for a similar exploit pattern, where proposals could be pushed through without meaningful community consensus. The incident was serious enough that Compound established the Compound Governance Working Group specifically to boost engagement and prevent future attacks.
Dr. NickA has drawn a direct line between these incidents, framing them as part of the same systemic vulnerability. The attack vector doesn’t target code. It targets disengagement. Historical data on DAO voter participation paints a grim picture. Turnout across token-weighted DAOs can dip below 10%, and in some cases falls as low as 0.1% to 3%.
The governance paradox The BonkDAO attack is especially instructive because the $4.4 million spent to acquire tokens yielded roughly $20 million in stolen assets. That’s nearly a 5x return on a governance exploit.
Some protocols have experimented with alternative models. Quadratic voting, conviction voting, and delegate systems all attempt to solve different aspects of the participation problem. But none have achieved widespread adoption, and the dominant model remains one-token-one-vote with fixed quorum thresholds.
What this means for investors Traders and investors evaluating DAO-governed protocols should be paying close attention to governance participation metrics. A protocol with consistently low voter turnout and a large treasury is essentially advertising its vulnerability. The ratio of treasury size to quorum cost becomes a rough measure of exploit profitability.
The emergence of “BONK 2.0” as an attacker-controlled entity adds another wrinkle. If stolen governance tokens can be reorganized into new structures that claim legitimacy, the attack doesn’t just drain a treasury. It fragments a community. Recovery becomes a legal, social, and technical challenge all at once.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
PancakeSwap za první polovinu roku 2026 překročil kumulovaný objem obchodů 4,2 bilionu USD a 190 milionů uživatelů. CAKE zároveň zůstal 34. měsíc po sobě deflační.
The first half of 2026 was about building and shipping. We brought real-world assets (RWAs) onchain at scale, put AI into the DeFi experience, launched a brand-new Perpetuals with an orderbook engine, and kept CAKE deflationary for a 34th consecutive month.
This mid-year Kitchen Report: PancakeSwap crossed $4.2 trillion in cumulative trading volume, surpassed 190 million all-time users, and landed at #6 on Fortune's inaugural Crypto 100, while becoming one of the largest onchain venues for real-world assets anywhere.
Let's get into it.
Tokenized Real-World Assets on PancakeSwap We've now built a Tokenized Stock Terminal — stocks, ETFs, bonds, gold, dividend-bearing stablecoins, and even pre-IPO exposure — trading around the clock, with zero trading fees, MEV protection, and best-execution routing. Our new Stock page lets you trade all 500+ tokenized assets 24/7 onchain in one place, while serving up the fundamentals of each underlying asset — revenue, EPS, market cap, next earnings and 52-week range.
bStocks bStocks, from Binance, are 1:1-backed tokenized U.S. securities — real shares held in custody, tradable onchain 24/7 with zero fees. They went live on PancakeSwap, on BNB Chain and have grown to 35+ assets, including NVIDIA, Tesla, Circle, Microsoft and Meta, each verifiable 1:1. And they don't just trade — they earn: the SPCXB–USDT farm lets you add liquidity and stack rewards on top of your tokenized-SpaceX exposure.
Ondo Ondo Finance anchors the catalogue with 440+ tokenized U.S. stocks, ETFs and bonds via Ondo Global Markets. Flagship names like SPYon (S&P 500), QQQon (Nasdaq 100), NVDAon and TSLAon trade 24/7 — weekends and holidays included.
xStocks xStocks widens the menu with 130+ tokenized stocks and ETFs — from blue chips to major ETFs. All trade across BNB Chain and Ethereum, gasless and MEV-protected through PancakeSwap X.
Robinhood Robinhood stock tokens round out the lineup, live on Robinhood Chain. 95 tokenized assets are now tradable onchain through PancakeSwap, bringing one of TradFi's most recognizable retail brands into the mix.
More Than Stocks Beyond equities: gold went onchain via XGLD–XAUt (BNB Chain, with Unitas Labs) and USDC–XGLD (Base); dividend-bearing stablecoins apxUSD and apyUSD — the first backed by Digital Asset Treasury preferred equity, via Apyx, launched on Base; and pre-IPO exposure went live via Colb.
Powered by PancakeSwap X PancakeSwap X is the engine under the RWA offerings — gasless, MEV-protected execution with best-price routing. It powers tokenized assets across BNB Chain and Ethereum, and to date has handled $834M+ in volume across 102,000+ trades from 33,500+ swappers.
Altogether, tokenized assets, spanning bStocks, Ondo, xStocks and Robinhood across PancakeSwap X and the AMM, crossed $100M+ in cumulative volume by mid-year, with 31,000+ users and 200,000+ trades.
The AI Kitchen: Agents, Skills & Copilots We put AI across the PancakeSwap ecosystem with rails for autonomous agents, and an assistant in the products where decisions get made.
AI Skills: a modular toolkit that lets AI agents plan DeFi strategies across multiple chains, including Swap, Liquidity and Farming Planners at launch, grown to seven Skills. It works with any LLM agent that reads Markdown, including Claude, Cursor and Copilot.
BNB Agent Studio: PancakeSwap is a launch partner in BNB Chain's Agent Studio, which lets anyone deploy an autonomous onchain agent in minutes, with PancakeSwap as the deep, live venue those agents trade on.
AI where you trade: Chef AI answers anything across the ecosystem, and an AI Copilot on Perps reads the market and pre-fills your direction, size and stops.
A Brand-New Perpetuals Engine We rebuilt PancakeSwap Perps — simple enough for a first trade, powerful enough for your best one. Powered by Aster's order-book infrastructure, the new Perps deliver pro-grade execution with a full order book, up to 200x leverage, and one-tap trades in Simple Mode (it’s a piece of cake), all fully onchain and non-custodial. An AI Copilot makes it smarter still, and a new Portfolio page tracks tokens, Perps positions, and LP history in one view.
PancakeSwap on Base On Base, PancakeSwap has become a default venue for traders and LPs.
The DEX mini-app went live inside the Base App — swap, earn and explore without leaving the experience, with the Base CAKE.PAD mini-app alongside it, meeting millions of users where they already are.
Base on PancakeSwap crossed $100B in cumulative volume and now sits at $113B+, across 3.7M+ traders and 185M+ transactions, powered by top-volume pairs like cbBTC–WETH, WETH–USDC and cbBTC–USDC.
The Deflation Engine: CAKE Tokenomics The first half of 2026 extended PancakeSwap's streak to 34 consecutive months of net supply reduction (every month since September 2023) with cumulative burns now past 56 million CAKE. CAKE's total supply now stands at 335M, well below the 400M hard cap.
You can track every burn live on the Burn Dashboard.
Milestones & Recognition $4.2 trillion in cumulative trading volume across the ecosystem — 190M+ users and 10+ chains, led by BNB Chain, Base, and Arbitrum. $4 trillion on BNB Chain — cementing it as PancakeSwap's anchor chain and one of the most-used DeFi venues globally. Base crossed $100B — with 3.7M+ traders and 185M+ transactions. PancakeSwap Infinity crossed $100 billion in cumulative volume and marked its first full year with 350M+ transactions, 60K+ hooked pools #6 on Fortune's inaugural Crypto 100 — among the highest-ranked DeFi names, with Fortune noting PancakeSwap's significant share of the DEX market in 2025. CAKE added to Binance Proof of Reserves — letting anyone verify 1:1 backing of user assets. Community PancakeSwap took DeFi offline with five meetups across five markets, 600+ attendees, 1,300+ sign-ups:
→ Ho Chi Minh City: with @base_vietnam — DeFi builders, IRL.
→ São Paulo: with @SuperteamBR, @ParaBuilders & @Tangem — talks, giveaways, & merch.
→ Hong Kong: we turned a real pancake house into the @cnBaseCommunity embassy — plus a booth at the @BNBCHAIN Super Meetup and the HK Web3 Festival floor. Five days, thousands of people.
→ Seoul: South Korea's first @base Agent Hackathon, built on PancakeSwap AI Skills and Chef Philip judging.
→ Jakarta: with @baseindo — crypto × AI on Base, DeFi, and goodies.
→ Bandung: a packed house with @BinanceAcademy Indonesia — DeFi sessions, merch, USDT prizes.
New ambassadors joined from Japan and South Korea, Philippines, Malaysia and Thailand, and 3 new Telegram communities launched for Malaysia, the Philippines and Thailand. PancakeSwap also hit the stage at Consensus Hong Kong and the HK Web3 Festival.
What's Cooking Next PancakeSwap is now set to be the liquidity hub for onchain trading. The deep, reliable hub where any asset can be traded onchain, and where liquidity is dense enough that traders get the best price in DeFi.
The throughline is that all of it stays onchain: self-custodied, transparent, and permissionless. Deeper liquidity, more assets, smarter tools, one onchain home for trading.
PancakeSwap zveřejnil jako open source referenčního AI agenta pro vypořádání objednávek a intentů podle ERC-8183 na BNB Agent Studio. Agent směruje swapy přes agregační vrstvu PancakeSwap a má kontrolu skluzu i atomické transakce.
DeFi infrastructure just got a new building block. PancakeSwap has open-sourced a reference AI agent designed for ERC-8183 order and intent settlement, deploying it through BNB Chain’s newly launched Agent Studio platform.
The timing matters: BNB Agent Studio went live on July 1, 2026, and PancakeSwap is one of its first major protocol integrations.
What the ERC-8183 agent actually does Think of ERC-8183 as the instruction layer for AI agents operating on-chain. When a user submits a swap intent, the agent intercepts it, routes it through PancakeSwap’s aggregation layer, and delivers output tokens directly to the client’s wallet.
The implementation is not a casual proof-of-concept. Execution controls include slippage limits, atomic transaction requirements, meaning the swap either completes fully or reverts entirely, and execution deadlines capped at five minutes. The agent also operates against a predefined token safelist, so it cannot be coerced into routing through arbitrary or unvetted assets.
Advertisement
Stablecoins fund the agent’s own operating costs through the x402 payment process, which handles agent self-funding without requiring manual top-ups.
All swap routing runs exclusively through PancakeSwap’s aggregation layer. That is a deliberate architectural choice, not a limitation. It gives the agent a consistent, auditable execution path rather than exposing it to unpredictable third-party routing logic.
BNB Agent Studio: the infrastructure behind the agent BNB Agent Studio is the platform making all of this deployable at speed. Using AWS Bedrock as the underlying compute layer, the studio is designed to get an AI agent from prompt to production in roughly 15 minutes.
On-chain identity management runs through ERC-8004, a separate standard that handles agent identification and credentialing. Combined with ERC-8183 for task execution, the two standards form the backbone of BNB Chain’s emerging agent framework.
The BNBAgent SDK, which supports the entire framework, reached testnet in March 2026 and moved to mainnet by May 2026. The July 1 Agent Studio launch was the public-facing layer built on top of that foundation.
Automated wallet provisioning is built into the studio, so developers do not need to manually configure signing infrastructure before deploying an agent. The interface accepts single-prompt inputs in environments like Cursor or Claude Code, lowering the barrier for developers who are not blockchain specialists.
Why this matters for DeFi traders and investors PancakeSwap’s open-sourced reference implementation gives developers a production-ready template that handles swap intents, manages execution risk, and routes trades through its aggregation layer.
The practical use cases the integration is designed to enable include range rebalancing and yield optimization. An agent that can handle atomic swaps with sub-five-minute deadlines and hardcoded slippage controls is suited for those tasks. For liquidity providers on PancakeSwap’s V3 pools, automated range rebalancing means positions can stay in-range without constant manual intervention.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana Foundation a Google Cloud v Jižní Koreji pořádají hackathon zaměřený na AI agenty, kteří budou autonomně platit za služby v USDC na Solaně. Akce navazuje na Pay.sh, které umožňuje platby bez lidského zásahu.
Solana Foundation and Google Cloud are teaming up for a hackathon in Korea focused on building AI agents that can make autonomous payments. The collaboration sits at the intersection of AI and stablecoins, backed by enterprise infrastructure from both organizations.
The event builds on an increasingly tight relationship between the two organizations, one that recently produced Pay.sh, an API proxy designed to let AI agents autonomously pay for Google Cloud services using stablecoin micropayments on the Solana blockchain.
What Pay.sh actually does Pay.sh sits between AI agents and Google Cloud’s suite of services, including Gemini, BigQuery, and Cloud Run, letting those agents discover, authenticate, and transact for API access without a human ever stepping in.
In English: an AI agent needs to run a query on BigQuery. Instead of requiring someone to log in, enter a credit card, and approve the charge, Pay.sh lets the agent pay for exactly what it uses with USDC on Solana. Pay as you go, no human middleman required.
Advertisement
The system leverages Solana’s high throughput and low transaction costs, which makes micropayments economically viable in a way they simply aren’t on slower, more expensive chains. A fraction-of-a-cent payment for a single API call doesn’t work if the transaction fee costs more than the service itself.
The hackathon ecosystem The Korean hackathon carries the theme “Build the Future of Agentic Commerce,” and it’s part of a broader push by both organizations to seed developer interest in autonomous agent infrastructure.
It’s not the first time Solana has targeted Korea specifically. In April 2025, Solana Super Team Korea collaborated with Google Cloud for the Seoul Lana Hackathon, establishing a regional footprint that this latest event builds upon.
Running in parallel is the Solana X402 Hackathon, a remote event scheduled from October 28 to November 11, 2025, with a prize pool of $135,000. Participants can earn up to $20,000 per track for projects that support x402 integrations, which is the payment protocol underpinning how agents discover and pay for services autonomously.
Previous Solana hackathons have featured tracks for DeFi agents and token tooling, with total prizes exceeding $250,000 across events.
Why this matters for the stablecoin economy The real story isn’t the hackathon itself. It’s what the hackathon is designed to produce: a developer ecosystem around machine-to-machine stablecoin payments.
If AI agents start autonomously consuming cloud services and paying in USDC on Solana, that’s a new source of persistent, programmatic stablecoin velocity. Not speculative trading volume, not one-off remittances, but ongoing commercial activity baked into software architectures.
Solana is positioning itself as the default settlement layer for this economy. Sub-second finality and transaction costs measured in fractions of a penny make it practical for the kind of micropayments that agent commerce requires.
The Google Cloud partnership adds enterprise legitimacy. When a company that controls roughly a third of the global cloud infrastructure market co-signs your payment protocol, it sends a signal to CTOs and procurement teams that this isn’t a science experiment.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Spoluzakladatel 1inch Anton Bukov uvedl, že po ukončení aktivní účasti na provozu projektu spouští nové podnikání Second Tier. 1inch tvrdí, že jeho systémy a provoz zůstávají beze změny.
1inch co-founder Anton Bukov says he has fully stepped away from the decentralized finance project’s operations after more than seven years and is now launching a new venture called Second Tier.
Summary
Anton Bukov says 1inch fired him in November 2025 after he pushed for management changes. Bukov says he remains a co-founder and 50% shareholder but no longer oversees company operations. 1inch says Bukov stopped active involvement in December 2025 and insists its systems remain unaffected. Bukov said the company fired him in late November 2025 after he pushed for changes to management and operations.
However, 1inch gave a different account of his recent role. The company said Bukov had not been actively involved in organizations linked to the project since December 2025. Bukov said he remains a co-founder and 50% shareholder but no longer has operational authority.
Bukov says management push ended with his firing In a statement published on X, Bukov said feedback from users and colleagues led him to become more involved in leadership and company operations. He said he spent months working on his leadership and communication approach while trying to change how the organization operated. “In late November 2025 I was fired,” he said.
Bukov also drew a clear line between his ownership position and his current responsibilities. “I no longer take part in the company’s operations,” he said.
He added that he has no role in product architecture or security and no oversight of either area. His statement leaves him as a shareholder and co-founder without a stated day-to-day management role.
1inch says operations and infrastructure remain unaffected 1inch responded on X by saying Bukov had not been actively involved in any associated organizations since December 2025. The statement presents a different timeline for his operational departure but does not change Bukov’s claim that the company dismissed him the previous month. The company has not publicly detailed the internal discussions that preceded the split.
We can confirm that Anton Bukov is no longer contributing to the 1inch project and has not been actively involved in any associated organizations since December 2025.
This does not affect the operation of 1inch Network or any associated organizations. The protocols,…
— 1inch (@1inch) July 16, 2026 Meanwhile, co-founder Sergej Kunz sought to reassure users about the project’s operations. He said Bukov’s departure “is not disrupting, will not disrupt, 1inch Network’s infrastructure or systems.” Kunz remains in charge as the protocol continues developing its trading and liquidity products.
Second Tier becomes Bukov’s next project Alongside his departure statement, Bukov announced Second Tier as his next venture. He said he is building the project with people who share the same values from the start. However, public information about its products, funding and launch schedule remains limited.
The move closes Bukov’s active operating role at a project he co-founded with Kunz in May 2019. During his time at 1inch, Bukov worked on protocol architecture and security, according to his account. The project later expanded from decentralized exchange aggregation into cross-chain trading tools and other DeFi infrastructure.
1inch continues expanding its DeFi products As previously reported by crypto.news, 1inch partnered with Rewardy Wallet in January to provide gasless cross-chain swaps across five blockchain networks through its Swap API. The integration formed part of 1inch’s broader effort to simplify decentralized trading while keeping users in control of their assets.
More recently, the leadership split comes after renewed attention on security across 1inch-linked infrastructure. In May, TrustedVolumes lost about $5.87 million after an attacker targeted its custom RFQ swap proxy. The incident did not affect a standard 1inch user swap route.
Kunz later called for safer lending structures following separate stresses in DeFi markets. Bukov’s latest statement now makes clear that he no longer oversees 1inch product architecture or security, while the company maintains that its systems and ongoing operations remain unaffected by his departure.
Robinhood’s new blockchain isn’t exactly tiptoeing into the market. The company’s Arbitrum-based Ethereum Layer-2 network, which went live on July 1, has already crossed $100 million in AI agent trading volume and seen more than 2,400 autonomous agents deployed on the platform. That’s two weeks of existence, for context.
The engine behind this surge is Virtuals Protocol, an integration that lets developers create, tokenize, and monetize AI agents directly on Robinhood Chain. Think of it as giving anyone the tools to build their own algorithmic trading bot, except these bots live natively on-chain and can interact with DeFi protocols without human babysitting.
The numbers behind the ramp Let’s put the $100 million figure in perspective. That’s agent-specific trading volume, meaning trades executed autonomously by AI agents rather than human users clicking buttons. More than 2,440 agents are now operational on the network, each one representing a developer’s bet that autonomous trading can outperform, or at least complement, traditional manual strategies.
Advertisement
The broader network metrics are equally aggressive. Robinhood Chain’s total value locked surpassed $100 million within its first week of operation. Uniswap deployments on the chain recorded peak daily trading volumes above $500 million, suggesting that the infrastructure is handling serious throughput without buckling.
Developers building on the platform have collectively raised $1.8 million from investors that include some unexpectedly heavy names. Google and General Dynamics, the defense contractor, are among the backers.
Why Robinhood is betting on agents Robinhood’s traditional brokerage app serves tens of millions of users. The company has signaled plans to extend its agentic trading features from equities to crypto for eligible US users, which means the AI agents being built today could eventually tap into a distribution channel that most DeFi protocols can only dream about.
The choice of Arbitrum as the underlying technology isn’t accidental either. Arbitrum is the most widely adopted Ethereum Layer-2 solution, known for lower transaction costs and faster settlement times compared to Ethereum’s mainnet. For AI agents executing dozens or hundreds of trades per day, those cost savings aren’t trivial. They’re the difference between a profitable strategy and one that bleeds money to gas fees.
Virtuals Protocol provides a standardized framework for agent creation, which means developers don’t need to build everything from scratch. Each bot can own assets, execute transactions, and earn revenue autonomously.
What this means for investors On the cautious side, AI agent trading introduces a layer of complexity that most retail investors aren’t equipped to evaluate. When thousands of autonomous agents are executing trades simultaneously, the potential for cascading liquidations or flash crashes increases. Liquidity can shift rapidly as agents respond to the same market signals in microseconds, creating feedback loops that human traders can’t react to fast enough.
The risk that deserves the most attention is regulatory. Autonomous trading agents operating in crypto markets exist in a gray area that US regulators haven’t fully addressed. The SEC has been vocal about algorithmic trading oversight in traditional markets, and it’s reasonable to expect that scrutiny will extend to on-chain agents, especially ones accessible to retail investors through a platform as visible as Robinhood.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Aevo spouští PERPS+ v mobilní aplikaci a přidává u BTC a ETH perpetual futures zajištění při vstupu jedním klepnutím. Mobilní verze má nyní plnou funkční paritu s desktopem.
The decentralized derivatives exchange launches PERPS+ on mobile and confirms full feature parity with desktop. Protected perps can now be managed on the move with Aevo.
Aevo, the decentralized derivatives exchange with more than $10 billion in options volume since 2020, has launched PERPS+ on mobile. The feature adds protection directly to a perp at entry, where the trader picks a mode, sets the level, and Aevo executes the combined position in one tap with no options knowledge required. The launch also marks a milestone: Aevo’s mobile experience now matches desktop feature for feature.
Traders can download the Aevo app on the App Store and Google Play for the full mobile experience (currently not available to U.S. or U.K. persons).
Aevo has a habit of building things the rest of the market copies later. PERPS+ on mobile continues that run. Structured, options-protected positions once required an options desk or a rigid DeFi vault. Now they execute in one tap from a phone.
Built first, copied later Aevo’s architecture set the template much of decentralized derivatives now runs on. Its custom Ethereum layer-2 pairs an off-chain order book with on-chain settlement, giving traders centralized-exchange speed while they keep custody of their funds. That hybrid model has since become the dominant design for decentralized perps with options.
Then there is aeUSD, the yield-bearing stablecoin Aevo built as trading collateral. It has been live in production for almost two years, making it one of the most battle-tested yield-bearing collateral assets in DeFi. Margin earns while positions are open, quietly earning traders yield.
All of it sits in one cross-margin account: options, perps and structured products together. Running decentralized options at exchange scale is hard, and most venues still cannot offer the combination natively.
PERPS+: options power, zero options knowledge The problem is old and stubborn. Options can cap losses, generate income or define risk before entry. But strikes, expiries and premiums scare most perps traders off, so the majority run fully unprotected positions.
PERPS+ handles the options leg automatically. Traders pick one of three enhancers:
“Limit My Loss “caps maximum loss at a set amount, with the downside defined at entry and the upside left completely uncapped. “Get Paid to Hold” pays a guaranteed upfront premium in exchange for capped upside. “Lock My Range” caps both loss and profit, giving a fully defined risk-to-reward ratio for close to zero upfront cost. PERPS+ is currently available on BTC and ETH perpetual futures.
The trader sets the protection level. Aevo structures, prices and executes the combined position in one tap.
PERPS+ serves two audiences. Audience 1: Perps traders who have never touched options get one-click protection on trades they were already going to make. Audience 2: DeFi vault depositors get tailor-made, vault-like strategies with the freedom to set their own parameters instead of accepting fixed vault terms.
PERPS+ is live on both web and mobile. The feature launched first on web and is now fully available across both platforms.
Protection that travels Traders have always been able to close positions from their phones. What they could not do is open a perp with a defined floor already built in, protection that limits losses automatically if the position moves against them. Aevo mobile makes that a one-tap action, on the only mobile derivatives exchange with full desktop parity.
A clean token with a shrinking supply The AEVO token has been fully distributed since mid-2025, when the final scheduled unlock completed. No vesting cliffs ahead. No investor unlock events. No dilution overhang.
On top of that, 74 million AEVO have been permanently removed from circulation to date through a recurring monthly buyback and burn, funded entirely by real exchange revenue, which buys AEVO on the open market and permanently removes it from circulation. The supply mechanic makes the token deflationary. Stakers receive monthly Uniswap V3 LP positions in the AEVO/USDC pool, earning swap fees that compound as long as the position is held.
The result: no unlock calendar to trade against, and a deflationary supply that shrinks as the exchange earns.
Aevo spokesperson said, “Onchain options have been called the next big thing every year since 2021. And every year, they’ve failed to become it… So we thought, what if getting options-level protection felt exactly like trading a perp? That’s PERPS+”.
About Aevo Aevo is the leading decentralized derivatives exchange. The PERPS+ feature is now live with a full mobile experience are live at www.aevo.xyz. Technical documentation is on Aevo Docs.
Multicoin Capital poprvé investoval do ekosystému Hyperliquidu, a to 1,75 milionu USD do Trasia Labs. Trasia buduje asijskou platformu pro perpetual futures na Hyperliquidu.
Multicoin Capital has invested in Trasia Labs, the team behind an Asia-focused perpetual futures trading platform built on Hyperliquid, marking the venture firm's first investment in the Hyperliquid ecosystem, a Multicoin spokesperson told The Block.
The investment comes shortly after Multicoin disclosed an investment in the Hyperliquid token itself late last month, when it published a detailed investment thesis on the protocol. At the time, Multicoin said it initiated a large HYPE position early this year and has been accumulating since, with HYPE now representing one of the largest positions in its liquid fund.
As for Trasia, Multicoin has invested $1.75 million in the startup as the sole investor in its seed round, Trasia co-founder Mable Jiang told The Block.
Jiang is a former Multicoin Capital partner and most recently served as chief revenue officer at Find Satoshi Lab (FSL), the web3 development studio behind the move-to-earn app Stepn. Jiang said she left FSL in May 2025 and co-founded Trasia this May with Edison Chen, who has been building in web3 since 2017.
Trasia began fundraising in May and closed the round last month, Jiang said, declining to disclose the structure of the round, the valuation or whether Multicoin received a board or observer seat.
Jiang said Trasia intentionally raised only a small amount of outside capital because the team wants to first launch its products and demonstrate traction before raising additional funding. She added that more than $35 million in HYPE and USDC has been "committed" to launching Trasia's HIP-3 Asian equity perpetuals market. Asked whether that amount would primarily be used as liquidity, Jiang said it would support "various purposes."
HIP-3, or Hyperliquid Improvement Proposal 3, allows developers to create their own decentralized perpetual futures exchanges on top of Hyperliquid's infrastructure by posting a 500,000 HYPE staking bond. The largest HIP-3 application by trading volume today is Trade.xyz.
How Trasia plans to stand out Like Trade.xyz, Trasia is building a Hyperliquid-based perpetual futures platform, but with a focus on Asian traders. Trasia has launched its web trading interface in Chinese and English, with a native mobile app planned for August. Trasia is also set to launch Asia Points, an invite-only trading rewards program for early users.
Trasia initially offers Hyperliquid's native perpetual markets before introducing its own later this year. Jiang said the platform has not yet decided which contracts it will launch first because market conditions can change quickly. The initial focus will be on companies involved in AI infrastructure, particularly those approaching public listings or already attracting strong investor interest across Asia.
When asked how Trasia differs from Hyperliquid and other HIP-3 platforms such as Trade.xyz, Jiang said the platform can reach users who are not already trading on Hyperliquid or Trade.xyz.
"If all of our trading flow today came from the same pool as Trade.xyz's — the same group of traders — then we'd have no chance whatsoever," Jiang said. "The real moat is the unique users you can reach and own."
Jiang said Trasia is targeting users who have never heard of Hyperliquid or Trade.xyz and, in many cases, are not yet familiar with onchain trading. She said the platform plans to reach those users through a mobile-first experience, regional distribution channels and its local network. "We also have team members who have strong regional connections," she added.
Trasia currently has a team of 10 people based primarily across Hong Kong, Taiwan and Tokyo, Jiang said.
"We are long the Hyperliquid ecosystem, and we expect Trasia to gain meaningful market share quickly and become a dominant force in the years to come," said Tushar Jain, managing partner and CIO at Multicoin Capital.
The Funding newsletter: Stay on top of crypto venture capital, M&A, and the broader institutional crypto market with my free newsletter, The Funding, featuring original reporting and analysis every two weeks. Sign up here!
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
Decentralized exchanges were supposed to be the scrappy underdogs, perpetually outgunned by Binance and its centralized cousins. Someone forgot to tell Hyperliquid.
The decentralized perpetual futures platform has reached a 9.3% share of global aggregate perpetual open interest, measured against centralized exchanges. That number, reported by hypeflows.com, marks a record high for the platform and represents a genuine milestone for on-chain trading at large.
From 6.9% to 9.3% in six weeks Back in late May 2026, Hyperliquid held a 6.9% share of aggregate perpetual open interest. By early July 2026, that figure had climbed to 9.3%.
Advertisement
Total perpetual open interest on the platform peaked at approximately $11.14B in mid-2026. Hyperliquid now also commands over 70% of on-chain perpetual futures volume across all decentralized platforms.
HIP-3 is doing the heavy lifting A significant portion of the open interest growth traces back to HIP-3, Hyperliquid’s permissionless market framework launched on October 13, 2025.
HIP-3 lets anyone spin up a perpetual market on Hyperliquid without needing approval from a central team. The result has been an explosion of tradable assets that go well beyond crypto, including equities, commodities, indices, and pre-IPO assets.
The HIP-3 markets have added several billion dollars to Hyperliquid’s total open interest figure, according to the research. That means a material chunk of the platform’s record-breaking number is coming not from Bitcoin or Ethereum perps, but from real-world asset markets that CEXs have not traditionally offered retail traders in this format.
The architecture that makes it work Hyperliquid runs on its own Layer-1 blockchain. The platform currently supports over 300 markets, with high transaction throughput and fully on-chain settlement. Non-custodial means users retain control of their funds at all times.
What this means for traders and the broader market Hyperliquid is no longer a niche product. A 9.3% share of global perpetual open interest, measured against the largest centralized venues in the world, puts it in serious conversation as a tier-one trading venue by volume and positioning metrics.
The HYPE token, Hyperliquid’s native asset, is closely tied to the platform’s growth trajectory. As open interest rises, fee revenue accruing to the protocol increases, which feeds directly into token valuation models.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
CME Group spustila 8. června futures na Nasdaq CME Crypto Index, které přes jeden kontrakt dávají expozici na osm kryptoměn včetně BTC a ETH. Kontrakty jsou finančně vypořádané a existují ve standardní i mikro velikosti. Vypořádávají se podle Nasdaq CME Crypto Settlement Price Index (NCIS).
CME Group just made it a lot easier to bet on the broader crypto market without picking individual winners. The exchange giant launched its Nasdaq CME Crypto Index futures on June 8, giving traders exposure to eight leading cryptocurrencies through a single contract.
The futures track eight tokens via the Nasdaq CME Crypto Index: BTC, ETH, SOL, XRP, ADA, LINK, BCH, and XLM. The weighting is continuous and based on market capitalization, meaning Bitcoin and Ether dominate the index while smaller tokens like Stellar contribute proportionally less. The contracts settle to the Nasdaq CME Crypto Settlement Price Index, known as NCIS. They’re financially settled, which means no actual crypto changes hands.
CME is offering two contract sizes. The standard version runs $10 per index point, while the micro contract comes in at $1 per index point.
Advertisement
Why this matters for institutional crypto CME has been methodically building out its crypto derivatives menu for years. Bitcoin futures launched back in 2017. Ether futures followed. Micro versions of both came later. But all of those are single-asset products.
Giovanni Vicioso, a key executive involved in the launch, described it as a milestone in digital asset market expansion. The partnership with Nasdaq adds credibility that pure-crypto exchanges can’t easily replicate.
The launch also fits into a broader pattern at CME during the second quarter of 2026. The exchange rolled out futures for Avalanche (AVAX) and Bitcoin volatility products during the same period.
The liquidity question and what to watch There has been no significant trading volume or pricing data reported since the June 8 launch, which is entirely normal for this stage.
Eight tokens is a decent basket, but the crypto market has hundreds of liquid assets. A market-cap weighted index dominated by Bitcoin and Ether might not provide as much diversification as the marketing suggests. Depending on BTC and ETH’s combined weight, the index could behave almost identically to a simple Bitcoin-Ether blend.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
JPMorgan uvedl, že navýšení hotovostní rezervy Strategy na 3 miliardy USD snižuje riziko nuceného prodeje bitcoinu. Současně se na CME zlepšila poptávka po futures a perpetual kontraktech.
JPMorgan analysts report improved prospects for Bitcoin as financial services company Strategy has expanded its dollar reserves and institutional demand strengthens in futures markets. The analysts point to these developments as key factors shaping recent shifts in the cryptocurrency’s environment.
Institutional futures demand strengthensFutures and perpetual contract flows have turned positive at the CME, signaling renewed interest from institutional and professional traders. This uptick contrasts with the volatility seen in US spot Bitcoin exchange-traded funds, where inflows and redemptions have marked recent weeks.
JPMorgan, a global banking giant, notes that institutional positioning through derivatives often provides a more stable outlook for Bitcoin, even when direct spot purchases fluctuate. This trend suggests that some large market participants are gradually increasing their exposure in spite of inconsistent demand from spot Bitcoin ETF investors.
Flows into leveraged exchange-traded funds tied to Strategy have also remained positive over the past seven weeks, with retail investors believed to be major contributors. As a result, Strategy’s stock continues to trade at a premium compared with the underlying value of its Bitcoin holdings.
Flows into CME Bitcoin futures and perpetual contracts have turned positive, indicating that some institutions are rebuilding their Bitcoin exposure despite weak and uneven interest on spot ETFs, according to JPMorgan’s analysis.
This premium allows Strategy more flexibility in raising new capital through equity sales, reducing pressure to sell Bitcoin and thereby providing an extra buffer against market downturns.
Strategy’s cash reserve expansionStrategy announced a $450 million increase in its US dollar reserve, raising the total to $3 billion as of July 12. This influx was accomplished by selling approximately 4.82 million common shares in just one week, generating $466.7 million in proceeds.
The company, which is publicly listed and known for its extensive Bitcoin treasury strategy, now holds enough cash to cover about 20 months of preferred dividend payments. While JPMorgan’s analysts maintain that reserves covering two to three years would deliver more robust protection, they recognize the current increase as a positive measure for short-term obligations.
With these additional reserves in place, Strategy may avoid selling digital assets to meet commitments, instead managing dividends and interest expenses during periods of price volatility.
At the end of the latest reporting period, Strategy maintained its Bitcoin holdings at 843,775 BTC, representing a total purchase cost of approximately $63.69 billion. The company made neither additional Bitcoin purchases nor sales during the reported week.
Chief Executive Phong Le emphasizes that Strategy intends to continue as a significant long-term Bitcoin acquirer, describing the company’s balance sheet as secure. He further states that debt-related pressure would only become problematic if Bitcoin’s price fell sharply to the $8,000 to $10,000 range.
The company has also indicated that it may issue more preferred shares if their value returns to target levels, using the proceeds to purchase additional Bitcoin or to further grow its dollar reserves.
JPMorgan analysts say that, although it is difficult to determine how the recent reserve increase has impacted overall Bitcoin sentiment, these moves have alleviated immediate concerns about forced Bitcoin sales. For now, the derivatives market and robust cash holdings provide more supportive signals for Bitcoin compared to spot ETF flows.
Mini dictionary: Strategy refers to a company publicly known for holding significant amounts of Bitcoin on its balance sheet as part of its treasury strategy, often issuing new shares to raise capital for further Bitcoin purchases.
MetricPrevious LevelCurrent LevelStrategy cash reserve$2.55 billion$3 billionStrategy BTC holdings843,775 BTC843,775 BTCAggregate BTC purchase cost–$63.69 billionDisclaimer: 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.
DTCC spustila tokenizaci aktiv v živém provozu, včetně Russell 1000, hlavních ETF a amerických státních dluhopisů. Do obchodů se zapojilo více než 30 firem.
The Depository Trust & Clearing Corporation (DTCC), the primary clearing and settlement provider for U.S. securities and custodian of $114 trillion in assets, has advanced its tokenization initiative into live production. This marks a significant milestone in the modernization of U.S. financial infrastructure, bridging the gap between traditional and digital assets.
DTCC’s tokenization strategy enters live operationOn July 15, DTCC confirmed that live production trading had commenced for tokenized versions of Russell 1000 stocks, major exchange-traded funds (ETFs), and U.S. Treasuries. More than 30 firms participated in these trades, bringing together established banking institutions and digital market leaders in a landmark demonstration of cross-industry collaboration.
The full commercial launch of the platform is expected to occur in October 2026. DTCC’s media outreach distilled the initiative’s progress in four words: “From experimentation to production.” The step signals a decisive move beyond pilot programs and towards large-scale adoption of blockchain-based solutions within financial markets.
DTCC’s transition from test phase to live production covers a broad range of assets and includes over 30 participating firms, aligning established financial entities with digital market innovators.
The company’s approach centers on integrating tokenized assets into established clearing rails, aiming to improve speed, transparency, and efficiency across the trading ecosystem.
Nadine Chakar leads DTCC’s digital agendaNadine Chakar, Managing Director and Global Head of DTCC Digital Assets, has played a pivotal role in the institution’s transition to digital securities and tokenization at scale. In December 2025, the Securities and Exchange Commission (SEC) granted DTCC a no-action letter, enabling the firm to tokenize institutional-grade assets spanning the Russell 1000, top ETFs, and government securities without requiring immediate legislative clarity under the CLARITY Act.
Chakar described the milestone as “just the beginning,” emphasizing that July 15 marks the shift from strategic planning to real-world execution for DTCC’s roadmap.
Mini dictionary: No-action letter, a formal assurance from the SEC that it will not take enforcement action against an entity’s actions, provided certain guidelines are followed.
Ripple’s integration and Prime brokerage ambitionsRipple Prime, a subsidiary formed after Ripple’s acquisition and rebranding of Hidden Road in April 2025, now holds membership in DTCC’s 50-firm Industry Working Group. This group also includes influential names such as Goldman Sachs, JPMorgan, and BlackRock. As part of its integration, Ripple Prime has gained direct access to DTCC’s clearing network, setting the stage for elevated participation in future developments.
With the October launch, Ripple Prime is positioned to connect tokenized assets settled via DTCC with the XRP Ledger’s liquidity pools as service expansion continues globally. The infrastructure to bridge traditional securities with the blockchain is moving from concept to operational reality.
Mini dictionary: Ripple Prime, the prime brokerage and institutional trading division of Ripple, enables advanced access to market infrastructure and clearing services for digital and tokenized assets.
InitiativeAsset CoverageGo-live DateDTCC TokenizationRussell 1000, ETFs, TreasuriesJuly 15, 2026 (pilot), October 2026 (full launch)Ripple Prime x DTCC PartnershipInstitutional digital assetsApril 2025 (acquisition), October 2026 (full launch)The XRP community responded quickly to DTCC’s announcements, filling official social channels and related content with discussion and analysis. Enthusiasts highlighted DTCC’s video on tokenization, noting the prominent presence of XRP advocates and interpreting it as an acknowledgment of Ripple’s longstanding involvement in the system.
Observers within the XRP community emphasized that July 15 marks a transition point, as tokenized assets move from experimental pilots to industry adoption across more than 50 organizations.
A number of posts emphasized the scale, describing the shift as “the moment the roadmap becomes reality” and underscoring the significance of 24/7 on-chain settlement for major asset classes.
Looking ahead to October 2026With the October rollout, Ripple Prime will gain unprecedented access to settlement infrastructure, with the opportunity to merge DTCC-handled assets and XRP Ledger liquidity on a global level. Industry leaders say the technology is now operational rather than theoretical, positioning the sector for accelerated innovation in securities clearance and tokenized trading.
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.
SWIFT spouští blockchainovou sdílenou účetní knihu pro koordinaci tokenizovaných vkladů 24/7. Konečné vypořádání ale dál běží přes staré systémy, což vyvolalo otázky v komunitě XRP.
SWIFT has unveiled its blockchain-based shared ledger, aiming to streamline coordination of tokenized deposits across banks and financial institutions around the clock. While the new infrastructure brings 24/7 processing to cross-institutional transactions, it continues to rely on legacy settlement systems for the final transfer of value, leaving some in the XRP community questioning whether this approach fully meets the demands of modern finance.
SWIFT responds to evolving global payment needsAvalon Ingram, SWIFT’s Digital Assets Business Lead for Asia Pacific, highlighted the changing expectations among customers, especially regarding the timing and availability of cross-border payments. Ingram explained that financial clients now routinely expect payment services to be “24/7 and real-time,” a notable shift from the limitations of traditional banking hours.
Ingram has emphasized that customer expectations are changing, with cross-border payments increasingly needing to be available at any time and settled instantly.
SWIFT’s blockchain ledger is designed to act as an orchestration layer. It coordinates payment instructions between participating entities without moving funds on-chain, providing improved transparency and reduced friction in the payment process. However, actual settlement of value frequently reverts to established financial rails, resulting in delays that can last hours or days for some cross-border transactions.
XRP’s settlement advantage gains attentionRipple’s On-Demand Liquidity (ODL) solution, using its native digital asset XRP, directly addresses these settlement delays. As a neutral bridge asset, XRP enables transactions to settle nearly instantly, bypassing the need for banks to hold pre-funded nostro and vostro accounts in various currencies. This can allow financial institutions to operate with greater efficiency and less capital tied up in international accounts.
The XRP Ledger is an open-source, decentralized blockchain purpose-built for fast and cost-effective cross-border payments. By using XRP as a bridge asset, it allows instant conversion and settlement between different fiat currencies.
Ingram’s comments regarding demand for speed and constant availability closely mirror Ripple’s position: while messaging and coordination provided by networks like SWIFT improve communication between counterparties, only true digital settlement mechanisms such as XRP can address the liquidity challenges that delay the actual movement of value.
Mini dictionary: Nostro and vostro accounts are bank accounts used to facilitate international transactions. A nostro account is operated by a bank in a foreign country and kept in the foreign currency, while a vostro account refers to an account that another bank holds in the domestic currency.
Future of payment infrastructure: Hybrid models emergeSeveral banks involved in SWIFT’s pilot programs already maintain connections or partnerships with Ripple, pointing toward a possible hybrid approach for the future. In such a setup, SWIFT’s blockchain infrastructure could coordinate payment instructions, while settlement might occur on digital asset networks such as the XRP Ledger to meet the increasing expectation for continuous, real-time settlement.
As demands for instant and always-available international transfers grow louder, institutions appear increasingly receptive to both orchestration solutions like SWIFT’s shared ledger and specialized digital settlement layers such as XRP.
Ingram’s push to update SWIFT’s services echoes the challenges that have motivated digital asset solutions from the start. While SWIFT is upgrading coordination and communication, XRP continues to position itself as a viable solution for the settlement gap.
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.
DTCC spustila první tokenizované převody akcií v ostrém provozu a Citadel Securities bude prvním účastníkem. Jde o největší tokenizační iniciativu v produkci podle šíře use casů, tříd aktiv i počtu účastníků. Citadel Securities spravuje zhruba 69 miliard USD aktiv.
The Depository Trust and Clearing Corporation (DTCC), a major financial market infrastructure provider responsible for clearing and settlement of nearly all US stock and bond trades, has initiated its first equity conversions and tokenized infrastructure in live production. Citadel Securities, a leading market maker overseeing approximately $69 billion in assets under management, will be the first to participate in this rollout.
Citadel’s role and ties to RippleCitadel’s involvement draws particular attention due to its notable connections with Ripple and the XRP Ledger. In October 2025, Citadel joined Fortress in a $500 million strategic investment in Ripple. This move aligns with Ripple’s ongoing efforts to expand the institutional adoption of blockchain technology.
As detailed by blockchain analyst SMQKE, Citadel’s partnership with Ripple coincides with a series of major milestones for the fintech company, including high-profile acquisitions and the integration of RLUSD, Ripple’s stablecoin for on-chain settlement.
DTCC’s traditional infrastructure underpins an estimated $114 trillion in securities. This enormous volume is fueling speculation about how much liquidity proven blockchain platforms, such as the XRP Ledger, could provide for instant settlement of tokenized assets.
InstitutionAssets in ScopeKey Blockchain TieDTCC$114 trillion (traditional securities)Tokenized settlement railsCitadel$69 billion AUMRipple/XRP LedgerMini dictionary: DTCC — The Depository Trust and Clearing Corporation is a central player in US markets, streamlining the clearing and settlement process for equities, bonds, and other assets. It is critical to maintaining financial stability and efficiency on Wall Street.
Tokenization and market implicationsThe initial phase of DTCC’s tokenized trades has now commenced, but the broader impact on the real world asset (RWA) market remains to be seen. Citadel’s investment in Ripple has positioned XRP’s On-Demand Liquidity (ODL) solution as a foundational component of this evolving ecosystem. Meanwhile, SWIFT’s recent introduction of a multi-chain digital ledger allows for interoperability across a range of blockchains, potentially expanding the field to several networks beyond XRP Ledger for such infrastructure projects.
Ripple’s influence has grown through regulatory victories and expanded use among institutions. The acquisition of GTreasury in 2023 helped Ripple process $13 trillion in transaction volume without direct involvement with cryptocurrencies. Observers expect that as tokenization of traditional assets progresses, blockchain networks like the XRP Ledger could capture a greater share of new financial flows.
RLUSD, Ripple’s own US dollar stablecoin, has crossed $1.5 billion in market capitalization just a year after launch. Its role in the swiftly changing regulatory environment could become even more prominent if the Clarity Act — a key digital asset policy proposal — gains approval.
Mini dictionary: RLUSD — RLUSD is Ripple’s stablecoin pegged to the US dollar, designed for fast and reliable transactions across the XRP Ledger, supporting both traditional and crypto-native payment flows.
Ripple’s legal battles and Wall Street integrationRecent regulatory developments have energized the XRP community after Ripple secured a significant victory against the US Securities and Exchange Commission (SEC). David ‘JoelKatz’ Schwartz, Ripple’s Chief Technology Officer, emphasized the far-reaching consequences of this legal battle through a widely shared post on X, clarifying the complex treatment of XRP sales in relation to securities regulations and referencing statements by former SEC Chair Gary Gensler.
David Schwartz highlighted that all XRP transactions were handled as securities by regulators, challenging the notion that only specific unregistered sales were under scrutiny and pointing to prior comments by Gary Gensler for context.
The DTCC described its partnership with Citadel as a “notable milestone that marks the largest tokenization production initiative in breadth of use cases, asset classes and number of participants.” This has generated speculation regarding the capacity of XRP Ledger to scale and process a substantial share of the $114 trillion tokenization opportunity, building on its track record of supporting multi-billion dollar daily volumes.
Citadel, a private financial services firm, does not publicly disclose its full valuation, which can vary by source. However, its direct collaboration with Ripple signals an active pursuit of a greater stake in the tokenized financial infrastructure now emerging around DTCC’s backbone.
Market participants are closely watching how much of the immense tokenization opportunity will fall to established blockchain networks such as the XRP Ledger as Wall Street continues to bring assets on-chain.
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.
Cardano has fallen 1.39% to $0.1628 as rising short positions have outweighed whale demand two days before the Van Rossem hard fork.
Summary
ADA fell to $0.1628 as traders increased short positions before the Van Rossem fork. Cardano whales accumulated ADA despite negative funding rates and rising futures open interest. Liquidity clusters at $0.160 and $0.170 could shape ADA’s next major move. According to data from crypto.news, from July 16 showed ADA traded between an intraday low of $0.1611 and a high of $0.1664, extending its retreat from an early-July peak near $0.195. The decline came even as large holders accumulated ADA and Cardano prepared to activate its most important network update in years.
CoinGlass data placed ADA’s weighted funding rate at -0.0067%, indicating that traders holding short positions were paying those betting on a price increase. The long-to-short ratio stood at 0.58, while open interest rose 4% to $421 million as traders added new leveraged positions.
Those readings show that derivatives traders remained positioned for further losses before the upgrade, according to CoinGlass. However, the concentration of short bets also raises the risk of liquidations if ADA moves sharply higher.
Whale demand collides with bearish futures bets Notably, wallets holding between 100,000 and 100 million ADA had increased their balances to the highest level since 2023. The accumulation is possible positioning by large investors before Van Rossem goes live.
Cardano’s governance approved the hard fork on July 13, according to Intersect, with activation scheduled for July 18. Intersect has also urged infrastructure providers to update their software before the network crosses the hard fork boundary.
van Rossem hard fork update 🍴
Following ratification on July 13, 2026, the van Rossem hard fork will be enacted on:
🗓️ Date: July 18, 2026
🕤️ Time: 21:44:51 UTC
🎰 Slot: 192,844,800
Once again, any infrastructure providers still needing to upgrade in order to safely cross…
— Intersect (@IntersectMBO) July 15, 2026 Van Rossem is expected to lower execution costs, which would make transactions and applications cheaper to run on Cardano, according to Intersect. The update will also prepare the network for Leios, a later scaling upgrade intended to increase transaction capacity before the end of 2026.
The upgrade follows Vasil, which improved Cardano’s network performance and smart-contract efficiency when it activated on Sept. 22, 2022, according to Cardano’s official hard-fork record.
Despite the whale purchases, TradingView’s daily chart showed ADA holding below the Murrey Math resistance at $0.1709. Chaikin Money Flow remained slightly positive at 0.04, suggesting that buying pressure had not disappeared even as the token lost ground.
Cardano daily price chart — July 17 | Source: crypto.news ADA faces liquidity pressure near $0.160 On the 4-hour chart, ADA had crossed above a descending trendline drawn from its July peak, but the move had not produced a sustained rally. TradingView’s Relative Strength Index stood at 46.92, below its moving average of 50.95, placing momentum on the bearish side of neutral without showing oversold conditions.
Cardano 4-hour price chart — July 17 | Source: crypto.news The same chart placed the nearest major Murrey Math support at $0.1465. A daily close above $0.1709 would instead clear the bottom of the indicated trading range and leave the $0.1953 pivot as the next visible resistance.
CoinGlass’s three-day liquidation heatmap showed the nearest dense liquidity pool between $0.160 and $0.161, directly below ADA’s market price. A larger concentration appeared around $0.170, closely matching the resistance shown on the daily chart.
Cardano liquidation heatmap | Source: CoinGlass Based on the heatmap, a drop below $0.160 could trigger leveraged long liquidations and expose the $0.1465 support. A move through $0.170, however, could force short sellers to close positions and strengthen the recovery attempt as Van Rossem goes live.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
The largest stablecoin highway in crypto just got tinted windows. Private swap and transfer features for USDT are now live on the TRON network, courtesy of Symbiosis Finance, giving users the ability to execute cross-chain transactions with significantly reduced on-chain visibility.
The launch, which went live on July 16, targets one of the most active corridors in decentralized finance: Ethereum-to-TRON transfers. For a network that handles over $23.8 billion in average daily USDT transfers, adding a privacy layer isn’t a novelty feature. It’s infrastructure.
What the privacy features actually do Symbiosis Finance rolled out two distinct products: Private Swap and Private Send. The distinction matters.
Private Swap lets users exchange tokens across chains while obscuring the connection between the source and destination wallets. Think of it like paying for coffee with cash instead of a credit card. The transaction still happens, but the paper trail gets a lot harder to follow.
Private Send, meanwhile, is a direct transfer tool. Users can move USDT (or other supported tokens) from one wallet to another with enhanced privacy protections. In English: you can send stablecoins without broadcasting your entire financial history to anyone watching the blockchain.
Symbiosis has noted that Private Swap mode works particularly well with privacy-oriented or semi-centralized providers, suggesting the system is designed to layer on top of existing infrastructure rather than replace it entirely.
Both features are accessible through the Symbiosis Finance platform, which offers a dedicated app for these transactions. The initial focus on the Ethereum-to-TRON corridor makes strategic sense given the sheer volume of stablecoin activity flowing between these two networks.
Advertisement
TRON’s stablecoin dominance by the numbers Here’s the thing about TRON: it quietly became the backbone of global USDT activity while most of crypto Twitter was debating which Layer 2 would win Ethereum’s scaling wars.
TRON’s circulating supply of USDT now exceeds $90 billion. To put that in perspective, that’s roughly the GDP of Kenya sitting on a single blockchain network in the form of one stablecoin.
The transfer volume is even more staggering. TRON has processed approximately $4.2 trillion in USDT transfers year-to-date as of July 2026. That’s not a typo. Trillion, with a T. The network handles over 12 million transactions daily and supports hundreds of millions of accounts.
These aren’t speculative DeFi trades or NFT mints. The bulk of TRON’s USDT activity is real-world value transfer: remittances, payments, peer-to-peer settlements. The kind of transactions where privacy isn’t a luxury but a legitimate concern.
The privacy launch also builds on a growing ecosystem of cross-chain tools connecting to TRON. THORChain integrated native TRX and USDT-TRC20 swaps back in October 2025, establishing another bridge between TRON and the broader DeFi universe. Symbiosis Finance’s privacy layer adds a new dimension to that interoperability story.
Why privacy on stablecoin rails matters now Privacy in crypto has always been a loaded topic. Regulators see it as a potential compliance headache. Users see it as a fundamental right. The reality, as usual, lives somewhere in between.
What’s changed is the scale of on-chain activity. When TRON is moving nearly $24 billion in USDT per day, every single one of those transactions is visible to anyone with a block explorer. That’s the equivalent of publishing every wire transfer, Venmo payment, and cash handoff on a public billboard.
For individuals sending remittances home, for small businesses settling invoices, for traders managing positions across exchanges, that level of transparency creates real risks. Front-running, targeted phishing, competitive intelligence gathering. The list of ways transparent transactions can be exploited grows longer as on-chain analytics tools get more sophisticated.
Symbiosis Finance’s approach sidesteps the most contentious aspects of the privacy debate by focusing on practical usability rather than ideological purity. These aren’t privacy coins with their own token economics and regulatory baggage. They’re privacy features layered on top of the world’s most widely used stablecoin, on the network that moves the most of it.
That’s a meaningful distinction. Privacy-focused blockchains like Monero and Zcash have faced delistings from major exchanges and regulatory scrutiny in multiple jurisdictions. Adding optional privacy to USDT transfers on TRON is a subtler play, one that gives users choice without forcing the entire network into a regulatory gray zone.
Look, whether regulators will see it that way is another question entirely. The global regulatory landscape for privacy-enhancing technologies remains fragmented and evolving. But the demand signal is clear: users want more control over who can see their transactions.
For investors watching the TRON ecosystem, the privacy launch reinforces the network’s positioning as the dominant stablecoin settlement layer. TRON already had the volume, the low fees, and the speed. Now it has a privacy option that competitors on Ethereum’s Layer 2s haven’t matched at this scale.
The competitive implications extend beyond just TRON versus other networks. DeFi protocols that fail to offer privacy features may find themselves losing users to platforms that do, particularly in regions where financial surveillance is a genuine concern. Symbiosis Finance is betting that privacy will become a standard expectation rather than a niche feature, and TRON’s massive user base gives that bet a substantial runway to prove out.
Whether this attracts institutional interest is the bigger question. Large players have historically been wary of privacy tools due to compliance obligations. But optional privacy, where users can choose enhanced confidentiality for legitimate purposes while still maintaining the ability to prove transaction history when needed, could thread that needle. The stablecoin settlement layer that figures out compliant privacy first will have a significant competitive moat, and TRON just took a visible step in that direction.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Sentora spustila na Stellar své kurátorované vaulty pro instituce a fintechy, které chtějí onchain výnos s vestavěnými kontrolami rizika. Jde o první integraci Sentora s touto sítí.
Sentora brings curated vaults to StellarInstitutional DeFi platform @SentoraHQ has launched its curated vault product on @StellarOrg, making it live now through Ultrastellar's Stellar DeFi Hub and yield.xyz. It marks Sentora's first integration with the Stellar network, aimed squarely at fintechs and financial institutions looking to access onchain yield without sacrificing risk controls.
The timing is deliberate. The total market cap of tokenized real-world assets on Stellar has surpassed $3 billion, representing roughly a 300% increase from where the network stood in early 2025. That growth has been driven by a range of institutional issuers, with Spiko accounting for over $1 billion in assets on the network, Franklin Templeton's BENJI token sitting at approximately $654 million, and Ondo Finance's USDY contributing around $529 million.
Sentora describes itself as a DeFi infrastructure and strategy partner for institutional capital allocators. Its vault platform is built around the idea that risk controls come first, with yield as the output rather than the starting point. The firm has allocated over $2 billion across onchain strategies and shaped more than 300 strategies across multiple market cycles.
Risk-first design for regulated institutionsThe Stellar integration is specifically structured for institutions and fintechs that need onchain yield with compliance and risk management baked in from the start. Sentora's vaults operate through audited smart contracts on a non-custodial basis, meaning client assets remain under their own control throughout. The platform also incorporates KYC, AML, and jurisdictional screening as standard parts of the onboarding process.
The Stellar network itself has characteristics that make it a practical fit for this kind of institutional product. The network has maintained 99.99% uptime and kept average fees at around one hundredth of a penny, while its architecture includes built-in compliance tools such as controlled access accounts and clawback capabilities that regulated institutions require.
Sentora says this is the first step in a broader @StellarOrg roadmap, with additional DeFi and RWA strategies planned. The integration positions the firm at the intersection of two converging trends: rising institutional demand for compliant onchain yield products, and Stellar's rapid growth as a primary settlement layer for tokenized real-world assets.
DTCC provedla první reálné obchody s tokenizovanými americkými akciemi, ETF a státními dluhopisy USA. JPMorgan použila tokenizované podíly Invesco QQQ Trust ETF jako kolaterál u CME Group, přičemž infrastrukturu zajistila Chainlink.
Wall Street just stopped treating tokenized assets like a science experiment. On July 15, the Depository Trust & Clearing Corporation executed its first-ever live production trades involving tokenized US stocks, ETFs, and Treasuries, with JPMorgan posting tokenized shares of the Invesco QQQ Trust ETF as collateral to meet margin requirements at CME Group.
How the trade actually worked JPMorgan tokenized shares of the Invesco QQQ Trust ETF, one of the most widely held index ETFs tracking the Nasdaq-100. Those tokenized shares were then posted as collateral to satisfy margin requirements at CME Group, the world’s largest derivatives marketplace.
Chainlink served as the connective tissue. Its Cross-Chain Interoperability Protocol and Runtime Environment handled the movement and verification of the tokenized assets across different blockchain environments.
Advertisement
The result was immediate capital efficiency. JPMorgan didn’t need to unwind underlying positions or shuffle cash around to meet its margin obligations. The tokenized collateral moved on-chain, instantly, while maintaining all the legal rights tied to the traditional securities underneath.
The road to production In May 2025, JPMorgan partnered with Chainlink and Ondo Finance to test cross-chain Delivery versus Payment settlements of tokenized Treasuries. DvP is the gold standard in securities settlement: assets and payment change hands simultaneously, eliminating the risk that one side delivers while the other doesn’t.
Then in May 2026, DTCC integrated Chainlink’s Runtime Environment into its Collateral AppChain, a purpose-built system designed for around-the-clock collateral management. That integration gave the infrastructure a production-grade backbone, setting the stage for the July trade.
Why CME accepting tokenized collateral is a big deal Margin collateral at CME has historically meant cash, Treasuries, or a narrow list of approved assets. Adding tokenized equities to that list means one of the most conservative, heavily regulated entities in global finance has formally recognized that digital representations of securities carry the same weight as their traditional counterparts.
What this means for investors For Chainlink specifically, being the infrastructure layer that DTCC and JPMorgan chose for production deployment is a significant competitive moat. The Cross-Chain Interoperability Protocol is positioning itself as the default bridge between traditional finance rails and blockchain networks.
The broader tokenization market has seen adoption concentrated in Treasuries and money market funds. The inclusion of equity ETFs like QQQ signals that the aperture is widening.
With over 40 Wall Street firms participating in this first production trade, the question is no longer whether traditional finance will adopt blockchain-based settlement and collateral management. It’s how quickly the rest of the industry catches up to the firms that already have.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
DeFiTuna uvedla, že útočník z jejích lending poolů odčerpal 580 000 USD a v USDC poolu vznikl odpovídající deficit. Tým tvrdí, že útok rychle omezil a vyšetřování pokračuje.
DeFiTuna, a decentralized finance protocol built on Solana, disclosed that an attacker drained $580,000 from its lending pools on July 16. The exploit left a matching deficit in the platform’s USDC lending pool.
The team says it quickly identified and mitigated the attack vector. Recovery efforts and a deeper investigation into the exploit are underway, though the protocol has not yet detailed how, or whether, affected users will be made whole.
What happened and what we know so far DeFiTuna operates as an automated market maker with native lending features, concentrated liquidity, and support for leveraged positions. Users deposit assets into pools, other users borrow against them, and everyone earns yield based on how much of the pool is being utilized.
Advertisement
The attacker extracted $580K from those pools, specifically impacting the USDC side of the ledger. That created an immediate deficit, meaning the pool’s liabilities now exceed its assets by that amount.
DeFiTuna confirmed that the exploit pathway has been closed. What remains unclear is the precise mechanism of the exploit. The team hasn’t elaborated publicly, which is understandable during an active investigation.
User reactions on social media centered on two questions: will depositors absorb the loss, and why wasn’t this caught during audits? Both remain unanswered.
DeFiTuna’s background and the trust question DeFiTuna’s feature set combines AMM functionality with lending and leveraged trading. The protocol’s native token, $TUNA, is used for staking and revenue sharing, giving holders a claim on ecosystem fees. The lending pools offer variable APY based on utilization rates.
Back in February 2025, the protocol returned investments it had received from Kelsier Ventures following a scandal involving that firm.
What this means for DeFi investors For DeFiTuna depositors, the immediate concern is whether the USDC pool deficit will be covered. There are a few ways this typically plays out: the protocol can use treasury funds to backstop the loss, socialize the deficit across all depositors, or attempt to recover funds from the attacker.
The team’s next public communication will be critical. Investors will be watching for a detailed post-mortem explaining exactly what went wrong, a concrete plan for addressing the USDC deficit, and evidence that the remaining contracts have been re-audited or formally verified.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Visa spustila Visa Stablecoin Platform pro banky a fintechy, která umožní vydávání, držení i převody stablecoinů v její globální síti. V beta verzi podporuje OUSD, USDC a USDG.
Visa has unveiled the Visa Stablecoin Platform, a new service aimed at banks, fintech firms, and payment providers, designed to streamline the issuance, holding, and transfer of stablecoins within Visa’s global payments network.
Comprehensive stablecoin solution for institutionsThe initiative enables financial institutions to manage stablecoin operations without the need to build their own blockchain infrastructure. Instead, the platform offers an integrated system for stablecoin minting, redemption, wallet management, and treasury services, aligning these functions with Visa’s existing payment and settlement workflows.
Visa’s Chief Product and Strategy Officer Jack Forestell described the new platform as a significant step for enterprises interested in stablecoin adoption. He stated, “Stablecoins are opening up a new layer of programmable money, but for most institutions the hard part isn’t the concept, it’s the operational reality. With the Visa Stablecoin Platform, we’re giving our clients a single place to mint, move, and manage stablecoin operations with the controls, security, and network reach they already expect from Visa.”
With the Visa Stablecoin Platform, we’re giving our clients a single place to mint, move, and manage stablecoin operations with the controls, security, and network reach they already expect from Visa.
The global stablecoin market has reached $304 billion in market capitalization, according to figures from CoinGecko, with most tokens pegged to the US dollar.
Support for Open USD and expansion of stablecoin productsAt its initial launch, the Visa Stablecoin Platform supports Open USD (OUSD), a stablecoin developed by the Open Standard consortium earlier this year. In addition, the service integrates with Visa’s existing stablecoin products, including USDC by Circle and USDG by Paxos.
The platform, which has entered a beta phase with a limited number of customers, allows clients to manage wallets, transfer stablecoins, and integrate new stablecoin workflows into their current treasury and settlement systems. Security features such as transaction approvals and audit trails are also built in.
Mini dictionary: Open Standard consortium, an organization focused on promoting interoperable stablecoin standards and responsible for introducing Open USD (OUSD).
Visa’s ongoing growth in stablecoin marketsVisa’s latest move builds on a series of recent developments in the stablecoin sector. In October, the payments company published research supporting the potential for stablecoins to move part of the $40 trillion global credit market onto blockchain-based platforms. The firm cited $670 billion in stablecoin lending over the past five years as evidence of growing adoption.
In April, Visa broadened its stablecoin settlement capabilities by adding support for additional blockchain networks, including Base, Polygon, Canton, Arc, and Tempo, boosting its total supported blockchains to nine. At that time, Visa reported $7 billion in annualized stablecoin settlements and said it was powering over 130 stablecoin-linked card programs in more than 50 countries.
NetworkSupported by Visa (since April)BaseYesPolygonYesCantonYesArcYesTempoYesVisa, a leader in global payments, continues to expand its digital asset offerings as stablecoins gain traction in both retail and institutional finance.
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.
Marex Group umožnil klientům použít USDC, regulovaný stablecoin vydaný společností Circle, jako počáteční marži pro clearing amerických derivátových obchodů. Oznámení přišlo 16. července. První transakci provedla Prime Trading, LLC, chicagská proprietární obchodní firma, která vložila USDC jako marži; Marex jej poté převedl na hotovost, aby usnadnil její obchodní pozice, přes Coinbase Prime.
For decades, posting margin for derivatives trades meant wiring dollars through a system that still operates on banker’s hours. Marex Group, a publicly traded clearing firm on NASDAQ under the ticker MRX, just made that process look a little antiquated.
On July 16, Marex announced that clients can now use USDC, the regulated stablecoin issued by Circle, as initial margin collateral for US derivatives clearing. The integration runs through Coinbase Prime, which handles custody, instant fiat-to-USDC conversion, and the reporting infrastructure that keeps the whole thing compliant. The inaugural transaction was executed by Prime Trading, LLC, a Chicago-based proprietary trading firm that posted USDC as margin, which Marex then converted to cash to facilitate its trading positions.
How it actually works The Marex and Coinbase setup replaces a chunk of that friction with blockchain rails. USDC moves 24/7 at internet speed, meaning collateral can be posted, adjusted, or withdrawn at any hour, not just during US banking windows.
Advertisement
In practice, a client holds USDC in a Coinbase Prime account. When margin is needed, the stablecoin is transferred into a segregated, CFTC-compliant environment that Marex manages for clearing operations. Coinbase provides bespoke reporting aligned with Marex’s clearing requirements, essentially acting as the bridge between the crypto-native asset and the regulatory framework that governs futures markets.
The regulatory green light In December 2025, the Commodity Futures Trading Commission issued a no-action letter that effectively permitted the use of stablecoins as margin collateral in derivatives clearing. That letter didn’t change the law, but it told clearing firms and their regulators: go ahead, we won’t pursue enforcement action if you do this within the right guardrails.
The fact that USDC was the stablecoin of choice matters too. It’s fully reserved, meaning every token is backed by cash and short-duration US Treasuries held in segregated accounts. That reserve structure is what makes it palatable to regulators and clearinghouses that need to know the collateral is actually worth what it claims to be.
What this means for institutional markets The most immediate benefit is operational. Firms that trade across time zones or in products linked to 24/7 markets can now manage margin without waiting for a wire to settle.
For Coinbase, the partnership extends its institutional infrastructure play beyond pure crypto trading. Acting as the custody and conversion layer for a regulated derivatives clearing workflow positions Coinbase as a bridge between digital assets and traditional financial market infrastructure.
The risk to watch is regulatory durability. No-action letters can be rescinded, and if a stablecoin used as margin were to depeg during a volatile session, the ensuing mess would give regulators plenty of reason to reconsider.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Coinbase uvedla, že růst USDC a bankovních vkladů jde současně, ne proti sobě. Za šest měsíců USDC vzrostl asi o 4,6–5 % a vklady v americkém bankovním systému zhruba o 4,5–5 %.
Banks have spent the better part of two years warning that stablecoins would siphon money out of the traditional financial system. Coinbase’s chief policy officer has a different take: the numbers don’t support that story.
Faryar Shirzad pointed to a six-month window in which USDC supply grew by approximately 4.6-5% while total demand deposits in the US banking system climbed by roughly 4.5-5%. Both went up. Neither ate the other’s lunch.
The data behind the argument USDC’s circulating supply has reached approximately $75 billion, making it the second-largest stablecoin by market cap.
Advertisement
A July 2025 study from Charles River Associates, commissioned by Coinbase, examined whether USDC adoption had measurably harmed community bank deposits. The conclusion: no statistically significant negative effects. Community banks, the institutions most often cited as vulnerable to stablecoin competition, appear to be doing just fine.
Shirzad followed up with a blog post in September 2025 that directly rejected what he called the “deposit erosion myth” propagated by banking industry lobbyists.
Why banks keep pushing the narrative anyway Coinbase has obvious incentives here too. The company earns a revenue share of 100% from USDC held on its platform and 50% from other sources. USDC powers around 90% of Coinbase’s spot trading in USD/USDC pairs.
Coinbase’s broader USDC strategy The company’s USDC yield program has historically offered returns up to 5%. Coinbase has also been building out direct deposit functionality, letting users receive paychecks in USDC.
Coinbase is also partnering with other firms to expand stablecoin use in payments, pushing USDC closer to becoming a practical medium of exchange rather than just a trading intermediary.
What this means for investors For Coinbase shareholders, the USDC economics are worth watching closely. When the company earns a full revenue share on platform-held USDC and half on off-platform holdings, every billion dollars of USDC growth translates directly to the income statement. At $75 billion in circulation, the economics are already substantial.
Tether’s USDT still dominates the global stablecoin market, but USDC has been gaining ground in regulated markets, particularly in the US and Europe.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Hedera se integrovala s platformou Utila, čímž rozšiřuje bezpečný institucionální přístup k HBAR a tokenům HTS. Partnerství posiluje její enterprise zázemí a compliance infrastrukturu.
Enterprise blockchain adoption doesn’t get limelight overnight, but Hedera today added another piece to a much bigger puzzle. The network has integrated with Utila, which is known as an institutional grade digital asset custody and wallet infra provider.
By joining hands they are expanding secure access to HBAR and Hedera Token Service (HTS) tokens for enterprises operating at scale.
The partnership arrives as Hedera continues building its presence across regulated financial markets, where security, compliance, and operational control often matter more than hype.
Utila Brings Institutional-Grade InfrastructureUtila enters the collaboration with solid credentials. The platform has secured $51.5 million in funding and processes more than $200 billion in transaction volume, offering Multi-Party Computation (MPC) wallets, customizable policy controls, and enterprise-focused APIs.
For organizations managing HBAR and HTS tokens, the integration introduces compliance-focused custody infrastructure. Which is designed to simplify digital asset operations without compromising security. That lowers the entry barrier for financial institutions seeking blockchain exposure within regulated environments.
Project Acacia Expands Hedera’s ReachThe integration extends beyond custody services. Utila is serving as a key infrastructure provider for project Acacia, the Reserve Bank of Australia’s digital money pilot, alongside Hashgraph and Hashsphere. The initiative operates on a private network powered by Loading profile preview technology, placing the blockchain within a high-profile state-backed financial experiment.
That role reinforces Hedera’s growing reputation as infrastructure capable of supporting enterprise and government-level blockchain deployments.
Network Activity Continues To ScaleMoreover, the latest partnership follows another notable development for Hedera. Per onchain data the rising graph shows increases in transaction counts. Per chart, it is approaching 72 Billions in cumulative transactions count that has been processed across its network.
That figure highlights sustained enterprise usage rather than isolated bursts of activity. As transaction volumes continue growing, Utila integration appears less like an optional upgrade and more like a necessary step.
For Hedera, enterprise adoption isn’t being measured by announcements alone. It’s increasingly being backed by transaction volume, regulated infrastructure, and participation in large-scale financial initiatives.
Loading article prices
Story Ends Here
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Solana za posledních 30 dní přilákala čisté přílivy přes 900 milionů USD a počet aktivních uživatelů v červenci vystřelil na rekordních více než 300 000.
Solana has reached a new milestone, becoming the leading blockchain network for real-world asset holders. The network recorded over 300,000 active users in early July, setting an all-time high for engagement with tokenized assets.
Net inflows surge, outpacing other blockchainsOn-chain analytics firm rwa.xyz reported that Solana saw net inflows exceeding $900 million in the thirty days leading up to July 3, 2026. This figure places Solana significantly ahead of competing blockchain platforms in attracting capital for tokenized real-world assets.
The data suggests that asset managers are increasingly opting for public blockchain networks, with Solana cementing its position as the preferred choice for institutions moving tokenized funds to on-chain platforms.
Blockchain30-day Net InflowActive UsersSolana$900 million300,000+Other leading blockchainsBelow $900 millionLess than 300,000Institutional adoption driven by speed and efficiencyAsset managers choosing Solana for real asset tokenization cite low transaction fees and near-instant settlement as key factors. Solana offers an infrastructure that supports high transaction throughput, enabling the network to process large volumes quickly and affordably.
These technical advantages allow both small and large payment operations, such as dividend distributions, to be executed at scale without significant costs. In addition, the streamlined settlement process helps institutions comply with regulatory requirements while keeping operational complexity to a minimum.
Mini dictionary: rwa.xyz is a blockchain analytics platform that tracks data and trends in the real-world asset sector. It provides insights on capital flows, user activity, and protocol adoption for tokenized assets across multiple networks.
Major platforms choose Solana for tokenized fundsWisdomTree, a global asset management firm, has integrated Solana with its tokenization services, including WisdomTree Connect and WisdomTree Prime. Investors and institutions can now mint, hold, and trade the full range of WisdomTree’s tokenized assets—ranging from money market to equity funds—directly on Solana’s blockchain.
Nick Ducoff, Head of Institutional Growth at Solana, stated that this integration signals rising demand for regulated, on-chain real-world assets. He noted that more than $1 billion in tokenized assets now reside on the Solana network.
Growth in regulated, on-chain real-world assets on Solana has pushed total on-chain value above $1 billion.
Byreal exchange and institutional-grade DeFi activity surgeByreal exchange, a decentralized platform built on Solana, marked its first year with more than $3.7 billion in total trading volume and 25.3 million processed transactions. The exchange offers access to over 20 tokenized equities through services such as Backpack, Tether Gold, and xStocksFi.
The platform has emerged as a major liquidity hub for real-world assets, benefiting from the rapid expansion of institutional-grade trading and the adoption of AI-centric decentralized finance infrastructure on the Solana network.
According to DeFi Planet, Solana’s ecosystem for tokenized assets previously reached a $3.4 billion peak in 2026, underlining growing institutional trust and capital movement toward public blockchain networks.
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 tokenized stock on Solana outtraded its own Nasdaq listing on a Sunday, adding to Solana's growing dominance in tokenized real-world assets.
Even when Wall Street shuts its doors for the weekend, trading on Solana carries on without interruption. A recent case involving RoboStrategy shows just how significant that difference can be.
RoboStrategy (Nasdaq: BOT), a closed-end fund focused on private robotics and physical AI companies, recorded more trading volume on Solana on a Sunday than it did on the Nasdaq the following business day, according to data shared by Solana on X.
A Sunday that outpaced a MondayBOT is ordinarily a Nasdaq-listed stock, which means it only trades during standard U.S. market hours from Monday through Friday.
However, a tokenized version of the stock also trades on Solana, a blockchain network designed for fast and low-cost transactions that continues operating around the clock, including weekends.
On Sunday, July 12, the tokenized version of BOT recorded $12.86 million in trading volume on Solana. The following day, with Nasdaq open for regular trading, BOT did $9.8 million in volume. In other words, the onchain version of the stock moved more money on a day when traditional markets were closed than the actual stock did during a full trading session.
Solana's post also noted that 68.5% of that Sunday volume came from registered Frontier Traders, suggesting the activity reflected a genuinely engaged base of users rather than a brief, isolated spike.
The timing is worth noting as well. RoboStrategy had recently completed a series of private share issuances between July 7 and July 14, raising approximately $16 million at an average price of $35.50 per share. It remains unclear whether that capital raise directly contributed to the weekend's trading activity, though the overlap in timing stands out.
Trending on TheStreet Roundtable:Mysterious trader buys millions ahead of Trump's White House meetingSpaceX stock hits an all-time low below IPO price, what it means for its 18,712 BTCGoogle searches for XRP sink amid 60% price crash in a yearScroll to Continue
Recommended Articles
Solana's expanding role in tokenized stocksThis is far from an isolated example. Solana has steadily built a lead in the broader market for tokenized real-world assets.
According to data from rwa.xyz, Solana now counts 301,074 holders of tokenized real-world assets, the highest of any blockchain by that measure, ahead of Plume's 247,755, Ethereum's 200,860, and BNB Chain's 118,840 holders.
The network currently holds approximately $3.01 billion in tokenized assets spanning 2,121 different asset types, having briefly touched an all-time high of $3.62 billion earlier this month.
By total value, Solana ranks third among all networks, behind Ethereum and BNB Chain, though it leads decisively when measured by the number of individual holders.
Tokenized equities in particular have driven much of that growth. Solana recorded $3.47 billion in tokenized equity trading volume in June, a new monthly record, and accounted for more than 96% of all tokenized equity trading volume across every blockchain that month, according to data from Blockworks.
That figure suggests Solana is not simply hosting these tokenized assets, but has become the primary venue where the actual trading takes place.
Robinhood joins the lineupSolana's collection of tokenized stocks grew further on July 16, when the network announced that HOODx, a tokenized version of Robinhood Markets (Nasdaq: HOOD) stock, had gone live.
Robinhood is a commission-free trading platform widely used by retail investors to buy stocks, options, and crypto. HOODx is issued by Backpack Securities, a regulated entity that tokenizes real-world stocks, and is made accessible through Sunrise, Solana's dedicated gateway for bringing external, real-world assets onto the network.
In practice, this means investors can now buy and sell a tokenized version of Robinhood's own stock on Jupiter, one of Solana's largest decentralized exchanges, the same platform many traders use to buy and sell meme coins.
Ethereum tento týden vzrostlo o 8 % a překonalo Bitcoin, BNB, XRP, SOL i HYPE díky přílivu do ETH ETF, akumulaci BitMine a spuštění Robinhood Chain. ETH ale stále naráží na 100denní EMA.
Ethereum price today: $1,870Ethereum has outperformed crypto majors Bitcoin, XRP, SOL and HYPE following a market boost from cooling inflation reports.The Robinhood Chain launch, ETH ETF inflows, BitMine's accumulation and Clarity Act discussions are spurring the outperformance.ETH saw a rejection at the 100-day EMA after rising 10% over the past week.Ethereum (ETH) has outperformed the top 10 cryptocurrencies since the crypto market began a recovery last week. On a weekly timeframe, the top altcoin is seeing an 8% gain, compared to 2.4%, 1.4%, 1.6%, -1.8% and -3.5% for Bitcoin (BTC), BNB, XRP, Solana (SOL) and Hyperliquid (HYPE).
While cooling inflation reports and declining energy prices were primarily responsible for the recent broad rally across the crypto market, ETH's outperformance stems from several other key factors.
ETH vs Top Cryptos. Source: CoinGeckoWhy Ethereum is outperforming other top cryptosThe Robinhood Chain, launched on July 1 as an Ethereum Layer 2 (L2), has been spurring demand for native ETH. The amount of ETH bridged from the L1 to the L2 chain has surpassed $164 million, a 10x increase in the past week, according to onchain analytics platform Token Terminal.
"If adoption continues, the chain could become a meaningful new source of demand for Ethereum," the platform stated in a Thursday X post.
The chain has seen strong demand over the past week, attracting token launchpads and memecoin activity. In 2024, Solana saw a similar upsurge in memecoin activity before going on a run that outperformed major cryptocurrencies.
Beyond that, Ethereum is also attracting institutional capital again, with $96 million in net inflows over the past three days. Last week, US spot ETH ETFs ended an eight-week outflow streak after recording $84.4 million in net inflows, per SoSoValue data. Since the beginning of the month, the products have only seen two outflow days, while XRP and Solana products are struggling to attract capital.
Similarly, US spot BTC ETFs have posted four outflow days so far in July and are on track to end the week on negative flows.
In addition, Ethereum treasury firm BitMine Immersion has remained a consistent source of demand for the top altcoin, accumulating roughly 70,000 ETH in the past two weeks.
Strategy, on the other hand, which has been a major demand driver for Bitcoin, flipped to distribution over the past two weeks after it sold $216 million worth of BTC. The firm also failed to log any buying activity last week.
Increased discussion and positive sentiment around the Clarity Act are also filtering into Ethereum, as it hosts the majority of onchain activity. The L1 is the largest chain by total value locked (TVL) and tokenized assets, with $40.9 billion and $14.8 billion, respectively, according to DefiLlama data.
Despite several positive developments surrounding ETH currently, the broader crypto market recovery remains fragile amid resumed geopolitical tensions in the Middle East. Bitfinex analysts also noted that ETH ETF inflows are not yet strong enough to drive prices.
"The $96 million total sits against a market capitalization above $220 billion, which makes it a rounding error even allowing for the illiquid spot market. A bid concentrated in one issuer remains too narrow to call a regime," the analyst wrote in a Thursday market commentary.
"Whether Ether ETFs continue to draw buyer interest remains to be seen; they have struggled to do so across nearly two years since launch."
Bitfinex added that sustained improvements in onchain activity are a "stronger catalyst" for an L1 like Ethereum.
Ethereum Price Forecast: ETH fails to reclaim 100-day EMA despite 10% jumpOn the daily chart, ETH/USDT trades at $1,874, maintaining a constructive bullish bias as price remains above the 20- and 50-day Exponential Moving Averages (EMAs) at $1,780 and $1,810, respectively. The altcoin remains capped by the longer-term 100-day EMA at $1,948 after a 10% rise over the past week, suggesting room for further upside only if this barrier is reclaimed.
Momentum stays supportive, with the 14-day Relative Strength Index (RSI) around 60 and the Stochastic hovering in the low 70s, hinting at a cooldown after a strong rally.
On the topside, immediate resistance is located at the horizontal level of $1,909, followed by $2,018 and $2,107, where prior supply converges. Above these, additional resistance is seen at $2,211 and then $2,388.
ETH/USDT daily chartOn the downside, initial support emerges at $1,806, ahead of the nearby dynamic floors offered by the 50- and 20-day EMAs. Below these, more substantial demand is seen at $1,741, with deeper supports at $1,524, $1,404 and $1,155 in the event of a broader corrective slide.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
APAC firmy jako Sony, Upbit a Toss stále častěji staví na OP Stacku. Upbit plánuje GIWA Chain a Toss testuje proof of concept stablecoinu krytého korejským wonem.
Asia-Pacific enterprises are moving past the question of whether blockchain works and into deciding where it fits in their core business. From Mitsui & Co. Digital Commodities’ Zipangcoin on OP Mainnet to Sony Block Solutions Labs’ Soneium and Upbit operator Dunamu’s planned GIWA Chain, a wave of established consumer and financial platforms is building on the OP Stack. Juntaro Iwase, Managing Director for Japan and Southeast Asia at OP Labs, spoke with blockchainreporter about what’s driving this shift, how OP Enterprise addresses regulatory and operational demands, and why distribution — not just technology — is APAC’s biggest advantage.
1. What is the approach of Asia-Pacific-based enterprises toward blockchain adoption in comparison with Europe and the U.S.? The clearest difference is posture. Many APAC enterprises are no longer asking whether blockchain works. They are asking where it belongs in their core business. The recent examples speak for themselves. Mitsui & Co. Digital Commodities launched Zipangcoin on OP Mainnet. Sony Block Solutions Labs built Soneium for consumer and creator applications. Dunamu, the operator of Upbit, plans to use the OP Stack for GIWA Chain, and Toss has announced a proof of concept exploring a Korean won-backed stablecoin.
Europe and the U.S. are progressing too, as Kraken’s Ink and Bitpanda’s Vision Chain demonstrate. What stands out in APAC is the combination of large consumer platforms, digitally sophisticated users, and companies with the distribution to bring onchain products to millions of customers who already trust them.
2. Why are Optimism and other Ethereum L2 solutions gaining preference as infrastructure among APAC enterprises? Enterprises are not choosing an Ethereum L2 for scalability alone. They evaluate the full solution, including the infrastructure, the operating model, the ecosystem, and whether they can integrate the tools their business requires.
Those requirements differ by company. Toss is running a proof of concept on the OP Stack alongside KYC and AML infrastructure and Privacy Boost from Sunnyside Labs. GIWA Chain plans to use the Self-Managed tier of OP Enterprise so Upbit can retain control over its sequencer and configuration while receiving engineering support and backup resilience. Mitsui & Co. Digital Commodities launched Zipangcoin on OP Mainnet, which it has said supports its plans to reach investors worldwide.
The common thread is choice. Companies can build on an established public network or deploy dedicated infrastructure, and in either case work with the compliance, custody, monitoring, and privacy providers appropriate for their business.
3. What are the regulatory compliance and privacy demands of the APAC-based entities that are shifting on-chain? Regulated institutions open with questions about accountability, data visibility, operational control, and how blockchain fits into their existing systems. Public blockchains are transparent by default. If a financial product requires transaction details or customer balances to remain confidential, an additional privacy layer may be needed. Institutions may also need KYC, AML, transaction monitoring, custody, permissioning, and reporting tools. A blockchain infrastructure provider does not replace those functions or determine whether a product is compliant. Our role is to provide reliable infrastructure, clear operating models, and the technical integration points needed to work with specialist providers.
The Toss proof of concept demonstrates this layered approach. The OP Stack provides the blockchain infrastructure, Sunnyside Labs provides Privacy Boost, and separate KYC and AML infrastructure supports the compliance requirements. Each layer is handled by the party best equipped to handle it.
4. What is the role of the OP Enterprise in advancing enterprise-scale blockchain adoption across APAC? The hardest part of enterprise blockchain adoption is often not launching the technology. It is establishing an operating model that can support a critical business. Organizations need to know who runs the infrastructure, who responds when something breaks, how upgrades are managed, and how the network fits their internal security and procurement processes.
OP Enterprise is designed around those operational requirements. Companies can use a Fully Managed model or operate the infrastructure themselves through Self-Managed with direct engineering support. They can also begin on OP Mainnet before deciding whether they need a dedicated chain. The organization chooses the level of operational responsibility and control that fits its capabilities, and can change that answer as it matures.
5. How does the rollout of Optimism and Soneium benefit creator and consumer applications in Asia? Soneium shows how blockchain can support consumer experiences without requiring users to understand the technology underneath. Built by Sony Block Solutions Labs using the OP Stack, Soneium gives developers an Ethereum-compatible foundation for entertainment, gaming, creator, and community applications.
Sony has described its goal as making blockchain operate quietly behind the scenes while enabling trust, traceability, digital ownership, and clearer attribution of creative work. For creators and fans, this can support new ways to participate and collaborate, while the OP Stack provides the scalable infrastructure underneath those experiences. That philosophy of keeping the technology in the background and the experience in the foreground is exactly how consumer adoption happens in this region.
6. What is the significance of Upbit’s plan to develop the GIWA Chain via the OP Stack to advance the future of exchange-scale infrastructure? Upbit’s decision to develop the GIWA Chain reflects a broader shift in how major exchanges think about infrastructure. They increasingly want to own the infrastructure through which their users access onchain products. A dedicated chain can provide greater control over performance, transaction policies, user experience, product development, and the economics generated by the ecosystem.
Under the planned partnership between Dunamu and the Optimism Foundation, GIWA Chain intends to become the first chain on the Self-Managed tier of OP Enterprise. Upbit would retain control over the primary sequencer and configuration, while Optimism would provide monitoring, engineering support, and backup resilience.
7. Can you highlight the opportunities and challenges that shape enterprise-level blockchain adoption within the APAC region in comparison with the global markets? APAC’s biggest advantage is distribution. Sony, Upbit, Toss, and Mitsui & Co. Digital Commodities already have established brands, customers, and business relationships. They do not need to build an audience from zero. The challenge is turning blockchain infrastructure into a reliable and sustainable business. Regulations differ across Japan, Korea, Singapore, Hong Kong, and other markets. Companies must also integrate blockchain with existing systems and work with the appropriate providers across custody, identity, monitoring, privacy, and liquidity.
In my experience, local system integrators and trusted vendor relationships also play a major role in markets such as Japan. Technology matters, but local operational credibility often determines whether a project reaches production.
8. How will built-in interoperability for OP Chains facilitate enterprises developing in APAC? Native interoperability is still in development. Today, OP Chains rely on existing bridges and messaging solutions to connect across networks. The longer-term objective is to make participating OP Chains work more like a connected ecosystem. Assets and information could move between them more easily, allowing companies to operate dedicated infrastructure without creating completely isolated networks. This could be particularly valuable in APAC, where products often launch for a domestic market but may later seek international users, applications, and liquidity.
9. What is OP Stack’s contribution to ensuring resilience and scalability for massive institutional workloads? The OP Stack was designed for the performance, reliability, and flexibility that enterprises require as blockchain moves into production. Its modular architecture allows organizations to tailor infrastructure to their specific operational needs while continuing to benefit from Ethereum’s security and ongoing innovation.
The proof is in production. More than 50 chains run on the OP Stack today, including networks built by Sony, Uniswap, OKX, and Kraken. Rather than building and maintaining a blockchain from scratch, enterprises can deploy infrastructure that has been proven at scale, reducing technical complexity while supporting high transaction volumes and long-term growth.
10. What is Optimism’s strategy to deal with regulatory requirements for compliant financial institutions operating in Asia? Every regulated institution operates under different legal and operational requirements, and those requirements vary meaningfully across APAC jurisdictions. Rather than imposing a single deployment model, OP Enterprise gives institutions the flexibility to configure infrastructure according to their specific needs, including how the chain is operated, who controls the sequencer, and which compliance, custody, and privacy providers are integrated.
That flexibility supports institutions in meeting their own regulatory obligations in their own jurisdictions, while still benefiting from the Ethereum ecosystem’s security and innovation. Compliance decisions remain with the institution and its advisors, and the infrastructure supports a range of deployment and integration requirements.
11. How do fully self-managed tiers of OP Enterprise shape enterprise-focused blockchain strategies within the APAC region? The Self-Managed tier reflects a consistent request from large financial institutions. They want the ability to control their own blockchain infrastructure without taking on the burden of building everything themselves.
For regulated institutions, the appeal is programmable financial infrastructure that combines operational sovereignty, direct control, and dedicated engineering support. The institution decides how the infrastructure is operated, secured, and integrated with its existing systems, while drawing on proven technology underneath. For many APAC institutions, that combination is what finally moves blockchain from the innovation lab into the infrastructure roadmap.
12. What is APAC’s role in accelerating the expansion of Optimism’s network and Optimism’s network globally? APAC has become one of the strongest examples of how blockchain is evolving into enterprise infrastructure. Activity across finance, payments, consumer technology, and entertainment shows that adoption is no longer limited to crypto-native companies.
Across the region, organizations are deploying or exploring the OP Stack, OP Mainnet, and OP Enterprise. In doing so, they are helping define what enterprise adoption could look like at global scale.
Over the next twelve months, I expect the question in APAC boardrooms to shift from “should we pilot this” to “which of our products goes onchain.” The companies with distribution, regulatory discipline, and the right infrastructure partners will be best positioned to answer it.
Injective podala u SEC žádost o registraci transfer agenta, což má převést oficiální evidenci vlastnictví cenných papírů a RWA na blockchain. Zároveň zveřejnila MiCAR whitepaper pro regulovanou expanzi v EU.
Injective has officially filed its transfer agent registration with the US Securities and Exchange Commission (SEC).
The record of who owns a security is the backbone of every market. It decides who gets paid, who can vote, and who can sell. Today, that record is kept offchain by dedicated institutions, updated by hand, and reconciled across intermediaries. Injective is moving that function onchain. The filing starts a path toward performing a core market function directly onchain.
Tokenized securities and RWAs need compliant ownership records on infrastructure that settles in less than a second. Injective will be ready to do this at scale right here in the United States.
What A Transfer Agent DoesA transfer agent maintains the official ownership record for a security and processes changes to it. When shares change hands, the transfer agent updates the register, handles the transfer, and keeps the record authoritative. It is the function that makes ownership real and enforceable, and in traditional markets it sits with a specialized institution that maintains the ledger offchain.
Why Bringing It Onchain MattersThe Transfer Agent filing targets the gap between a tokenized security and the official record behind it.
With the transfer agent function onchain, the ownership record can live on the same chain as the asset. The token becomes the record instead of a pointer to a database somewhere else. Market participants can then record and transfer ownership of tokenized securities in seconds, without a chain of intermediaries reconciling after the fact.
That is the goal. Less delay. Less duplication. Fewer places for errors and disputes to creep in.
Part of A Larger FoundationThis filing sits alongside the rest of Injective's work to bring institutions onchain.
It also comes just hours after Injective officially published its MiCAR whitepaper, enabling Injective to expand its offering in a regulated manner across the European Union member countries. This marks another major vote of confidence for Injective and its rapidly growing ecosystem.
That is the market stack taking shape. Issuers can create assets with the right controls, record ownership onchain, and settle transfers in less than a second on infrastructure built for finance.
This is one of several announcements from the Injective Summit. More is on the way.
About InjectiveInjective is a lightning fast interoperable layer one blockchain optimized for building premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Robinhood Crypto přidal INJ od Injective Protocol do spotového obchodování pro oprávněné uživatele v USA. Listing zpřístupňuje DeFi aktivum širšímu retailu.
Robinhood Crypto has added Injective Protocol’s native token, INJ, to its trading platform, making the DeFi-focused asset available for spot trading among eligible US users. The listing went live on July 16, with INJ trading in the range of roughly $4.76 to $5 and carrying a market capitalization near $494 million.
What Injective actually does Injective is a layer-1 chain built specifically for finance, with a focus on decentralized trading, tokenization, and cross-chain interoperability.
The INJ token serves multiple roles within this ecosystem. It functions as the governance token, giving holders voting rights on protocol decisions. It also powers the network’s staking mechanism, where validators and delegators lock up INJ to secure the chain and earn rewards. And it handles fee payments across the platform’s various financial applications.
Advertisement
The Injective team has also been active on the supply side. A recent token burn destroyed 43,500 INJ, reducing the circulating supply.
Why this listing matters beyond the ticker Injective recently launched US-regulated futures contracts on Bitnomial, signaling that the project is actively pursuing institutional-grade market infrastructure alongside retail accessibility. Having both a regulated futures market and a major retail trading platform offering the same asset creates a more complete market structure.
Robinhood itself has been developing Robinhood Chain and exploring tokenized stock offerings, positioning itself as a participant in the broader tokenization movement. Adding INJ, a token from a chain that specializes in financial infrastructure, fits into that strategic direction.
What this means for investors INJ’s current price range of $4.76 to $5 sits well below its historical highs, which means new Robinhood buyers are entering at a point where the token has already experienced significant drawdowns.
For those already holding INJ, the Robinhood listing removes one of the persistent complaints about mid-cap DeFi tokens: accessibility. The asset is no longer something you need a crypto-native wallet or a specialized exchange to acquire. That broader distribution channel could prove valuable as the project pursues AI-driven economies and deeper real-world asset integration within its infrastructure.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
What's Important This Week
⚙️ Robinhood Chain Mainnet is Now Live on the Arbitrum Platform
💳 ZeroDev Launches a New Wallet
🇬🇧 Founder House London Concludes with $300K Awarded
📣 Announcements Key updates from the Arbitrum ecosystem and Foundation.
Robinhood Chain Mainnet is Live
The launch of Robinhood Chain enables a more customized infrastructure designed to satisfy precise performance, security, and regulatory requirements. This environment establishes a robust foundation for the integration and development of decentralized financial primitives.
Introducing ZeroDev Wallet 0:00
/0:56
ZeroDev Wallet is an embedded wallet built on ZeroDev’s programmable account infrastructure. It gives teams one stack for wallet creation, signing, smart account execution, gas sponsorship, session keys, policies, recovery options, and transaction orchestration.
Meet the Winners of Founder House London
From more than 490 registrations, 140 founders were selected to join Founder House London for three days of targeted sessions and iteration on product-market fit and go-to-market alongside mentors from across the Arbitrum ecosystem. By the end of the program, teams had submitted 64 projects competing for a share of $300,000 in prizes and grants.
📚 Learn & Build New learning drops and hands-on resources from across the Arbitrum ecosystem.
Predictable Fees for Onchain Agents
As agentic commerce grows, predictable fees become increasingly important.
This article breaks down why predictable fees matter for agentic commerce, how gas pricing works, and how Arbitrum’s dynamic pricing is evolving to support this next wave of onchain demand.
Build Your First Robinhood Chain App
Want to get started in building on the Robinhood Chain? This article from @hummusonrails features a full walkthrough from code design to final deployment of your first dApp on Robinhood!
Arbitrum Supports x402 and MPP For Agentic Finance
Developers now have two new pathways for building agentic payment and settlement flows on Arbitrum. Arbitrum is supported by Coinbase’s hosted x402 facilitator, and Offchain has published arbitrum-mpp, an open-source implementation for making payments over MPP on Arbitrum.
How Smart Accounts Give Onchain AI Agents Safe Permissions
Agents need the ability to act. They also need boundaries. Smart accounts make that possible by moving permissions, policy, and enforcement to the account layer.
🔦 Ecosystem Highlights Fresh launches and standout threads from around the Arbitrum ecosystem.
$800K in Revenue in the Last 7 Days
Robinhood Chain generated more than $800K in revenue in the last 7 days, annualizing to $42M at this rate.
Introducing Swaps by Variational
Variational just launched Swaps, bringing Wall Street's widely used trading infra onchain with institutional liquidity for tokenized markets. A big step for @variational_io toward bringing TradFi into the programmable economy.
Rialto Goes Live on Robinhood Chain
We’re excited to welcome @rialto_xyz, an onchain exchange for trading and borrowing against tokenized equities, crypto and real-world assets, launched on the Robinhood Chain.
Prism is Live on Arbitrum 0:00
/0:16
Arbitrum is building the finance-native platform for the programmable economy. Prism is where the pieces of Arbitrum’s financial stack start coming together.
🛠️ Dev Tooling & Infra Updates to SDKs, CLIs, and developer workflows across the stack.
ZeroDev Wallet SDK
What does a smart-account-first embedded wallet SDK actually unlock?
ZeroDev breaks down 5 product flows to build with the ZeroDev Wallet SDK.
🗓️ Events Workshops, builder and founder programs, and ecosystem meetups to watch.
Recap: Founder House London If you’re a founder who missed the ultimate in-person mentorship experience, here’s a look at what went down at Arbitrum Founder House London 🇬🇧
We've brought teams together under one roof for a 3-day founder residency where they:
Built new financial products across tokenized capital markets, collateral and risk infrastructure, payments, tokenized equity, agentic finance and yield bringing products onchain via Arbitrum One and the Robinhood Chain Refined their product & GTM strategies Received mentorship from our ecosystem partners Competed for $300k in prizes Catch the highlights. 👇🏻
0:00
/0:58
To keep up with upcoming builder programs, funding opportunities, and ecosystem updates, subscribe to the Builder Newsletter.
What builders are debating and proposing this week.
[Constitutional] AIP: Ratification of Security Council Election Process Improvements In September 2025, the ArbitrumDAO showed varying degrees of support for five Security Council Election process improvements via a temperature check. This updated temperature check aims to ratify the DAO’s support for the inclusion of four and omission of one of the originally proposed improvements, ahead of an on-chain vote.
ArbitrumDAO Factsheet: Robinhood Chain Mainnet Launch Robinhood Chain went live on public mainnet on 1 July 2026, a dedicated Arbitrum chain settling to Ethereum, after a testnet that processed more than 200 million transactions.
Sedona, self-custodial trading platforma migrující na Arbitrum, se spojí s Fhenix a nasadí infrastrukturu FHE pro výchozí šifrování zůstatků, pozic i limitů AI agentů. Firma tím přechází od TEE ke kryptografickým zárukám.
Sedona, a self-custodial trading platform migrating to Arbitrum, is excited to announce its strategic partnership with Fhenix, a platform that computes sensitive data with full encryption. The purpose of this partnership is to replace Sedona’s existing Trusted Execution Environment (TEE)-based security model with fully Homomorphic Encryption. Basically, both firms specialize in protecting confidential data.
This integration powers private finance on Arbitrum, ensuring that user balances, portfolio positions, and Artificial Intelligence (AI) agent spending limits remain encrypted by default. Furthermore, Sedona was founded by Tyler Maxwell, a trading-first, self-custodial neo-bank that facilitates spot trading, perpetuals, and sketched products. Both platforms are expert in providing their services all over the world in terms of security and protection.
Fhenix and Sedona Advance Cryptographic Privacy for On-Chain Finance Guy Itzhaki, CEO of Fhenix, admires Sedona in good words. He said, “Sedona is exactly the kind of application Confidential FHE was built for. Trading platforms and financial applications need privacy that extends beyond transactions to balances, positions, and increasingly the parameters that autonomous agents operate within.”
“By moving from trusted hardware to cryptographic guarantees, Sedona is showing how confidential finance can become a native capability on Arbitrum rather than an optional feature. We believe this partnership is an important step toward making privacy a default expectation for on-chain financial applications.”
Now, Sedona is shifting from the Seismic ecosystem to Arbitrum. Once that migration is finished, Sedona will deploy Fhenix’s CoFHE infrastructure, moving the platform’s privacy model from hardware-based trust assumptions to cryptographic guarantees. This integration is the first-type in its nature.
Replacing Hardware Trust with Fully Homomorphic Encryption The landmark integration of Sedona and Fhenix is much more worthy for users and developers. Existing private Decentralized Finance (DeFi) solutions primarily depend on trusted execution environments, which only require users to depend on underlying hardware or on community-based models. Homomorphic encryption permits computations to be performed directly on encrypted data, diminishing those trust dependencies.
Tyler Maxwell, Founder of Sedona, also clarifies this integration. He said, “We started with TEEs because they were the most practical way to deliver privacy, but our goal has always been to remove trust assumptions wherever possible. Fully homomorphic encryption lets us protect sensitive financial data through mathematics rather than hardware, providing a much stronger foundation for the future of self-custody. “
“For many of our users – especially those in emerging markets who rely on stablecoins as their primary savings account and payment rail- financial privacy isn’t a luxury. It’s an expectation. Bringing FHE to Sedona means they can manage their assets, automate strategies, and use AI-powered tools without exposing the information that matters most.”
AUTHOR
Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.
Dnes se odemyká zhruba 92 milionů ARB, asi 1,65 % uvolněné nabídky, a míří do treasury Arbitrum DAO. Při ceně kolem 0,09 USD má toto odemknutí hodnotu asi 8 milionů USD.
Let me tell you what happens today on the highway we wrote about two days ago. Around 92 million new ARB tokens leave their vault, right as the token trades within sight of the all-time low it printed in late June. Unlock is the scariest word in a falling token’s vocabulary. But read the shipping label on this particular delivery, because where the tokens go matters more than how many there are.
ARB traded at $0.08989 on July 14 per this site’s tracking, and holds near the $0.09 area as the unlock lands on July 16, 2026, per CoinGecko. The token sits just above the all-time low set in late June, after our coverage this week flagged its 13.8% bounce as the rotation reaching the layer-2 shelf.
The Unique Angle: read the label, not the headline Here is the detail the word “unlock” hides. Today’s release of roughly 92 million ARB, about 1.65% of released supply, is directed to the Arbitrum DAO treasury, according to the project’s published vesting schedule. Not to team wallets. Not to early investors.
Why that distinction is the whole story: unlock damage comes from tokens that want to be sold. When vesting cliffs release coins to insiders and venture funds, history is unambiguous. Arbitrum’s own May 2024 unlock is the textbook case: 92.65 million ARB went to team, advisors and investors, portions flowed straight to exchanges, and the price slid on schedule. Those tokens had sellers attached.
Treasury tokens are different animals. They land in the DAO’s vault and sit there until governance votes to spend them on grants, incentives or operations. No fund manager is waiting to market-dump them this afternoon. The mechanical sell pressure from today’s event is close to zero on day one.
Now the honest other half, because unlocks earn their reputation two slower ways. First, treasury tokens are deferred supply, not cancelled supply: every grant and incentive program eventually turns some of them into sell flow, drip by drip, and that drip has run for years. Second, unlock headlines move prices all by themselves. Plenty of traders sell the word without reading the label, and in a token this beaten down, sentiment is the thinnest layer of all. Today can still print red for no mechanical reason whatsoever.
The One Number That Matters Roughly $8 million. That is the dollar value of today’s unlock at current prices, 92 million tokens times about nine cents.
Hold that against history. The May 2024 unlock of nearly identical token count was worth $92 million, because ARB traded above a dollar. Same event, one-tenth the dollar weight, and aimed at a vault instead of an exit. The number is small enough to say something bigger: after two years of decline, ARB’s unlocks have deflated from market-moving events into rounding errors. That is what capitulation pricing looks like from the supply side. Whether it also marks a bottom is a question the chart, not the calendar, will answer.
Key Levels The map from our prediction page stands. Support: $0.08, the line the whole recovery attempt rests on, now doubling as the post-unlock stress test. Resistance: the dime, $0.10, unchanged as the level where attention becomes conviction. Recent trading has also respected a tighter shelf near $0.078 on the downside. If unlock-headline selling appears, $0.08 is where it either exhausts or matters.
Supporting Context The paradox we built the ARB prediction page around got louder this month, not quieter. Robinhood launched the public mainnet of Robinhood Chain, a tokenized-stocks network built on Arbitrum’s own Orbit technology, with Uniswap integrated from day one. LG Electronics selected Arbitrum tech for a custom layer-2 aimed at advertising infrastructure. The network reports more than $18 billion in value secured. And the token that governs all of it trades within sight of its all-time low, at a $572 million cap as of this week’s reading.
Usage up, price down: the value-capture question in its purest form. Days like today feed both sides of it. Bulls point at institutions building on the highway; bears point at 92 million more tokens on a road where the toll still goes uncollected.
Bottom Line Today’s unlock is the mildest version of a scary event: small in dollars, aimed at a treasury, mechanically near-harmless on day one. The risks are the slow drip and the reflexive headline sellers, and $0.08 is the level that measures both. The story that actually matters is unchanged from our prediction page: the highway keeps winning tenants while the token waits to matter. Watch the dime above, the eight-cent line below, and let the post-unlock tape speak for itself.
This article is for information only and is not investment advice. Crypto assets are extremely volatile and you can lose your entire stake. Always do your own research.
Frequently Asked Questions What is the Arbitrum unlock today? Roughly 92 million ARB, about 1.65% of released supply, unlocks on July 16, 2026, directed to the Arbitrum DAO treasury under the published vesting schedule.
Will the ARB unlock crash the price? ARB trades near $0.09 as of July 16, 2026, just above the all-time low it set in late June, after a 13.8% bounce earlier this week.
Why is ARB so cheap if Arbitrum is widely used? The network secures over $18 billion and keeps winning institutional deployments like Robinhood Chain, but the market doubts how much of that value the governance token captures. That gap is the central ARB debate.
What are the key ARB levels to watch? Support at $0.08, with a tighter shelf near $0.078; resistance at the round $0.10. Holding $0.08 through the unlock would be the constructive outcome.
When is the next Arbitrum unlock? Arbitrum runs recurring monthly unlocks through 2027 under its vesting schedule. Check the official Arbitrum Foundation documentation for the next scheduled date and allocation.
AUTHOR
Simeon is a detail-driven editor who sharpens every piece with clarity and precision, ensuring clean, consistent, and professional content throughout.
Entity X zvýšila svou držbu Kaspy na 1,47 miliardy $KAS, tedy zhruba 42,9 milionu USD, a je největším známým neburzovním držitelem v síti. Poslední nákup zahrnoval 6,8 milionu $KAS z Bybit, Gate a Bitget.
A wallet cluster tracked on-chain as Entity X has lifted its total Kaspa ($KAS) position to 1.47 billion tokens, valued at approximately $42.9 million at current prices, making it the largest known non-exchange holder on the Kaspa network.
Fresh Inflows From Major Exchanges The latest leg of accumulation included a fresh inflow of 6.8 million $KAS drawn from liquidity pools at @Bybit_Official, @Gate, and @Bitget. The movement confirms a pattern of deliberate, exchange-sourced buying rather than peer-to-peer transfers, suggesting the entity is actively pulling tokens off trading venues and into cold or self-custodied storage.
On-chain data shows accumulation patterns consistent with whale positioning ahead of a known catalyst, a familiar playbook in crypto, but one that tends to accelerate when the underlying technical event is concrete rather than speculative. The @kaspaunchained ecosystem has been scaling toward a broader network upgrade, adding a layer of context to the timing of these moves.
Why the Kaspa Network Is Drawing Attention Kaspa has carved out a unique place in the cryptocurrency space as a pure proof-of-work Layer 1 blockchain built on a blockDAG (Directed Acyclic Graph) structure rather than a traditional linear chain. While Bitcoin processes a single chain of blocks and discards competing ones as orphans, Kaspa's BlockDAG architecture weaves those competing blocks into the ledger itself, enabling parallel block processing at a speed that no other proof-of-work network comes close to matching.
The Toccata hard fork successfully activated on Kaspa's mainnet, marking its most significant upgrade. It transitions the network from a high-speed proof-of-work payments chain to a programmable base-layer blockchain, introducing native Layer-1 covenant systems for expressive smart contracts, zero-knowledge proof verification opcodes, and support for KRC-20 tokens, all without requiring a global virtual machine.
Following that upgrade, the network is set to scale throughput through a series of structured block rate increases, moving from the current 10 blocks per second to 25 BPS, then to 40 BPS, and ultimately targeting 100 BPS as its long-term objective. On-chain data cited by analysts indicates declining Kaspa token balances on cryptocurrency exchanges, suggesting increased movement into self-custody wallets, a pattern interpreted as indicative of long-term holding behavior rather than active trading activity.
Whether Entity X represents a single institutional player or a coordinated group remains unknown. What the on-chain record shows clearly is a sustained, directional bet on the network at scale.
Sources:
Kaspa Roadmap 2026-2027: Every Upgrade Explained, Our Crypto Talk
Kaspa touted as 2026 altcoin standout with PoW BlockDAG edge, Crypto News
Kaspa Exchange Holdings On-Chain Data, Kaspalytics
Ondo Finance a SBI Group oznámily strategické partnerství pro uvedení japonských akcií on-chain. SBI zároveň začne distribuovat tokenizované produkty Ondo v rámci svého ekosystému a použije stablecoin JPYSC pro vypořádání a kolaterál.
Ondo Finance, the largest tokenizer of stocks globally, and SBI Group, one of Japan's largest financial conglomerates, today announced a strategic partnership. Under the partnership, the companies will bring Japanese equities onchain, distribute Ondo tokenized products across the SBI Group ecosystem, and adopt SBI's JPYSC stablecoin for onchain settlement and collateral.
The partnership connects one of the world's most sophisticated capital markets with the global tokenized economy, expanding access to Japanese assets and bringing Ondo tokenized products to millions of investors across Japan.
Under the strategic partnership, the two companies will work towards:
Tokenization and distribution of Japanese assets onchain, with tokenized instruments to be issued by Ondo Global Markets (BVI) Limited Use of SBI’s JPYSC stablecoin for settlement and collateral on Ondo tokenized assets Distribution of Ondo tokenized assets through the SBI Group ecosystem Cross-promotion of each party's products and services through their respective customers, channels, and strategic partners “Japan is one of the most sophisticated capital markets in the world, and SBI sits at the center of it. This collaboration creates a path to bring Japanese assets onchain and to connect Japan with the global tokenized economy,” said Ian De Bode, CEO, Ondo Finance.
“Ondo Finance has established itself as a global leader in the tokenization of real-world assets and is at the forefront of the tokenized equities market. We believe Ondo will be a key strategic partner as SBI Group forms a global corridor for digital assets, and we look forward to rapidly advancing a wide range of initiatives together,” said Yoshitaka Kitao, Representative Director, Chairman, President & CEO, SBI Holdings
Ondo Finance has established itself as a global leader in the tokenization of real-world assets and is at the forefront of the tokenized equities market. We believe Ondo will be a key strategic partner as SBI Group expands its global digital asset ecosystem, and we look forward to rapidly advancing a wide range of initiatives together.
Together, SBI and Ondo aim to build a bridge between Japan's capital markets and the global tokenized economy, expanding access to Japanese assets for investors worldwide and laying the groundwork for yen-denominated settlement onchain.
BlackRockův iShares Bitcoin Trust (IBIT) drží 734 762 BTC v hodnotě asi 47,1 miliardy USD. Fond od spuštění v lednu 2024 získal zhruba 62 miliard USD čistých přílivů.
@BlackRock's iShares Bitcoin Trust (IBIT) has accumulated 734,762 $BTC valued at approximately $47.1 billion, as institutional appetite for regulated Bitcoin exposure continues to drive inflows into the fund.
A Dominant Force in Spot Bitcoin ETFs IBIT has established a commanding lead over rival spot Bitcoin ETF products since launching in January 2024. BlackRock's fund commands roughly 49% of total US spot Bitcoin ETF assets, placing it well ahead of competitors including Fidelity's FBTC and Grayscale's GBTC. IBIT's cumulative inflows since its January 2024 launch stand at approximately $62 billion, underscoring the scale of institutional commitment to the product over its relatively short life.
BlackRock's Bitcoin position, held primarily through IBIT, represents one of the largest institutional Bitcoin treasuries globally. The ETF structure means BlackRock does not technically own these bitcoins outright. They are held in custody for IBIT shareholders. The shares of the iShares Bitcoin Trust ETF trade on the Nasdaq Stock Market under the ticker symbol IBIT, with Coinbase Custody Trust Company serving as custodian for the fund's Bitcoin holdings.
Institutional Demand and a Volatile 2026 The road to $47 billion has not been without turbulence. US spot Bitcoin ETFs drew $1.97 billion in April 2026, the best month of the year, with BlackRock's IBIT leading institutional demand. BlackRock's iShares Bitcoin Trust accounted for the bulk of April flows, attracting roughly $2 billion in net subscriptions. However, sentiment shifted sharply in the weeks that followed. US spot Bitcoin ETFs recorded $4.06 billion in net outflows during June 2026, the largest monthly redemption since the products launched in January 2024, with BlackRock's IBIT accounting for roughly $3.3 billion, or approximately 75% of the monthly total.
Despite those outflows, the fund's total Bitcoin treasury has held at a historically significant level, reflecting the ongoing structural demand from institutional allocators seeking regulated exposure to $BTC. Spot Bitcoin ETF inflows have become one of the most important signals for institutional Bitcoin demand in 2026, making IBIT's accumulation figures a closely watched metric across traditional finance and crypto markets alike.
Sources:
BlackRock Bitcoin ETF Holdings Hit Record 806,700 BTC Worth $63.7 Billion, Yahoo Finance
Spot Bitcoin ETFs Pull $1.97 Billion in Biggest Monthly Surge Since November, Yahoo Finance
BlackRock's IBIT Led $4.06B June Exodus After BTC ETF News, ICObench
Bitcoinová peněženka nečinná od prosince 2017 převedla 5 908 BTC v hodnotě zhruba 383 milionů USD na novou adresu. Na burzu zatím prostředky neodešly, takže nejde o jasný signál k prodeji.
English日本語한국어繁體中文ไทยPortuguêsItalianoDeutschFrançaisEspañol A Bitcoin wallet dormant since December 2017 transferred 5,908 BTC worth roughly $383 million to a fresh address at 7:15 p.m. ET on July 15, according to blockchain intelligence platform Lookonchain. The coins moved from legacy address “138EM…ReyiT” to a newer SegWit wallet, extending a run of long-idle holdings coming back to life this week.
The 2017-Era Wallet Holds a 284% Paper Gain Arkham data showed the wallet acquired the coins when Bitcoin traded near $16,800, giving the stack a cost basis close to $99.6 million. At current prices, the balance is worth about $383 million, a $283 million paper gain over roughly eight years. 7=
The stash peaked near $726 million during Bitcoin’s October 2025 record above $122,000, according to crypto.news reporting on cycle price data. The holder rode through the 2018 drawdown of nearly 80%, the 2021 rally to $69,000, and the late-2022 slump to about $15,500.
The recipient wallet has not sent funds onward, and no known exchange deposit address received the transfer, on-chain records confirmed.
Analysts Flag Whale Ratio Near Historic Highs Lookonchain wrote in the July 16 post that “the OG received 5,908 $BTC 8 years ago when $BTC was trading at $16,865 and had held it ever since,” noting the position was up 284%. CryptoQuant separately reported that its exchange whale ratio recently stood at 0.99, meaning the ten largest transfers made up nearly all Bitcoin deposited to exchanges.
The firm said elevated readings have historically preceded stronger selling pressure because sizeable deposits are more likely to precede sizeable disposals. Neither the July 15 move nor the earlier 2,931 BTC transfer flagged by Arkham has surfaced on-chain evidence of sales, blockchain researchers told crypto.news.
Why the Wallet Rotation Matters The transfer does not read as a straight exit, and CoinDesk noted that large holders often reshuffle assets to upgrade wallet formats, rotate private keys, prepare estate transfers, or arrange over-the-counter deals that never touch public exchanges.
The switch from a legacy “1” address to a newer “bc1q” SegWit format matches that pattern closely. That distinction matters for market impact, because OTC settlement absorbs supply privately while exchange deposits telegraph potential sell pressure.
Traders watching the whale ratio at 0.99 have a cleaner tape when dormant coins move sideways rather than into centralised order books.
Related Dormant Whale Activity Keeps Stacking This is the second seven-figure dormant transfer flagged this week. A separate wallet moved 2,931 BTC worth about $188 million after seven years of silence, when Bitcoin traded near $6,500. Arkham confirmed that the transfer went to a fresh, unlabelled address, matching the pattern seen this week.
Neither cohort has surfaced through known exchange deposit clusters, keeping selling assumptions inconclusive for now. The recipient address remains passive as of July 16, and the funds have not touched a labelled venue.
Bitcoin traded near $64,000 at publication time, down about 47% from October 2025 highs. Traders will watch whether the whale ratio holds above 0.9 and whether the recipient wallet shifts coins toward centralized exchanges in the coming sessions.
