Ethereum has stabilized after its sharp correction from the $2.4K May highs, with the price attempting to build momentum beneath major resistance. Both the daily and 4-hour charts suggest buyers are gradually regaining control, although confirmation will require a decisive breakout above the current supply zone. The futures market’s aggressive positioning is also pointing to an interesting situation.
Ethereum Price Analysis: The Daily Chart On the daily timeframe, ETH continues to recover after breaking out of the long-term descending channel that had capped the price action for several months. Following the breakout, the market experienced a deep retracement toward the $1.5K demand region before buyers stepped back in aggressively.
The rebound has brought ETH back into the $1.85K resistance zone, which now serves as the first major obstacle. This area also aligns closely with the higher channel resistance, creating a strong technical confluence that explains the recent consolidation.
The 100-day and 200-day moving averages remain overhead near the $2K to $2.2K region, indicating that the broader trend has not fully shifted bullish yet. Until those averages are reclaimed, the recovery should still be viewed as a corrective move within a larger neutral-to-bearish structure.
Momentum has improved noticeably, with the RSI recovering above 50 after rebounding from oversold conditions. However, the indicator remains below overbought territory, suggesting there is still room for continuation if buyers can overcome current resistance.
A successful breakout above $1.85K could expose the next resistance zone around $2K to $2.2K, where both major moving averages converge. On the downside, losing the $1.5K support would likely lead to a prolonged bearish trend.
ETH/USDT 4-Hour Chart The lower timeframe presents a more constructive picture. Ethereum has been trading inside a rising channel, producing a sequence of higher lows while repeatedly testing the overhead supply zone between roughly $1.8K and $1.85K.
The ascending lower trendline continues to provide dynamic support, with every pullback attracting buying interest before reaching the broader support area near $1.7K. This suggests buyers remain active despite repeated rejection from resistance.
The price is currently compressing between rising support and horizontal resistance, creating conditions for an eventual breakout. Such structures often precede a volatility expansion, making the current range particularly important.
A confirmed move above $1.85K would likely trigger renewed bullish momentum toward the psychological $2k level and potentially the $2.2K region. Conversely, a breakdown below the rising trendline could invalidate the short-term bullish structure and expose the $1.71K support zone, followed by the broader $1.63K order block if selling pressure accelerates.
The 4-hour RSI remains around neutral territory, reflecting balanced momentum after cooling from recent highs. This supports the view that the market is waiting for a catalyst before choosing its next directional move.
Sentiment Analysis The Taker Buy Sell Ratio remains below the neutral 1.0 threshold, indicating that aggressive sellers continue to slightly outweigh aggressive buyers across futures exchanges. Historically, readings below one reflect cautious market sentiment and reduced conviction from bulls.
However, the 30-day moving average of the ratio has turned higher after recovering from recent lows, suggesting selling pressure has gradually eased. Although buyers have not yet established clear dominance, the improving trend points to strengthening demand beneath the surface.
If the ratio continues climbing toward and eventually above 1.0 while ETH breaks above the $1.85K resistance area, it would provide additional confirmation that buyers are regaining control. Until then, the sentiment data supports a cautiously optimistic outlook rather than signaling a fully confirmed bullish trend.
Bitmine and SharpLink backed the launch, and the founding team spent the past year running the Ethereum Foundation's Institutional Privacy Task Force.
EthSystems, a startup building confidentiality tools for banks and asset managers transacting on Ethereum, launched Tuesday, backed by Ethereum treasury companies Bitmine Immersion Technologies and SharpLink Gaming.
The company's founding team spent the past year building and running the Ethereum Foundation's Institutional Privacy Task Force, or IPTF, holding conversations with central banks, regulators, tier-one banks and asset managers while publishing a year of open-source work: private bonds, confidential stablecoin transfers, private cross-chain settlement, a privacy-preserving identity system, and a reference document called the Ethereum Privacy Map.
EthSystems is the third entity to spin out of the Ethereum Foundation as the nonprofit narrows its own mandate, and the second in three weeks to launch with backing from Bitmine and SharpLink, the two largest corporate holders of ETH. The pattern shows the treasury companies moving beyond accumulating the asset to funding the network's infrastructure and the people building it.
Confidentiality As The Missing LayerEthSystems, an independent, for-profit company backed by what it calls long-term Ethereum-aligned investors, argues that institutions have adopted Ethereum as an asset class but not yet as settlement infrastructure. Its pitch is that no bank will run billion-dollar flows in full public view, so each party to a transaction must see only what it has a right to see on the public ledger.
The IPTF sat inside the Foundation's institutional layer, paired with its Privacy and Scaling Explorations research team. EthSystems said it carries that work forward as an independent company, with protocol specifications and security properties for each system published on its site.
EthSystems lists three co-founders on its website. Oskar Thoren, who wrote that Tuesday was his first day off the Ethereum Foundation payroll; Mo Jalil, who posted that he previously worked at Goldman Sachs before joining the Ethereum Foundation, and Aaryamann Challani, who previously held engineering roles at the Ethereum Foundation, Fuel Labs and Status, according to his LinkedIn.
Bitmine, SharpLink Back the LaunchBitmine, the largest corporate holder of ETH with 5.77 million tokens, or roughly 4.8% of the supply, worth about $11.3 billion in total crypto and cash holdings as of July 12, said it is a lead investor in the launch, alongside SharpLink and Ethereum co-founder Joseph Lubin. SharpLink, the second-largest corporate ETH holder with about 887,000 tokens, joined the round. Lubin, who founded Consensys, also chairs SharpLink.
Bitmine Chairman Tom Lee framed the investment as a bet on institutional demand.
"The institutionalization of Ethereum requires infrastructure that meets institutional standards for privacy and security," Lee said. "The next $100 trillion of assets won't migrate on-chain without it."
SharpLink Chief Executive Joseph Chalom said the company's thesis is that "Ethereum's differentiated value compounds as more financial activity moves onto it," and that realizing that value depends on institutions being able to transact privately.
The two companies made a nearly identical bet three weeks earlier. On June 22, Bitmine, SharpLink and Lubin anchored the launch of Ethlabs, a nonprofit research lab founded by five former Ethereum Foundation researchers to work on core protocol development. On July 1st, the same entities backed Ethereum Institutional, a more business-development-focused arm.
Both firms hold billions of dollars of ETH and have a direct financial interest in the network becoming institutional infrastructure.
The Third Spinout From a Shrinking FoundationEthSystems launches into a gap the Ethereum Foundation is deliberately creating. The Foundation cut about 20% of its staff in a June restructuring and, under a mandate published in March, reorganized around a narrower set of priorities centered on the base protocol, censorship resistance, privacy and security. Vitalik Buterin said the Foundation is cutting its annual budget by roughly 40% and expects outside organizations to absorb work it no longer prioritizes.
Three of those organizations have now formed from Foundation alumni, each taking a different layer. Ethlabs works on core protocol and infrastructure. Ethereum Institutional handles institutional engagement, education and ecosystem coordination. EthSystems takes the applied technical layer, turning institutional requirements into production privacy systems. EthSystems described the three as complementary spinouts in its launch materials.
EthSystems lists three co-founders, all former Foundation staff who led the IPTF: Mo Jalil, previously the Foundation's institutional privacy lead and a former Goldman Sachs employee; Oskar Thoren; and Aaryamann Challani, who has held engineering roles at the Foundation and at Status, one of the earliest Ethereum mobile clients.
Even More Ethereum EntitiesEthSystems is not the only team selling institutional privacy on Ethereum. Etherealize, co-founded by former Foundation researcher Danny Ryan and backed by $40 million from Paradigm and Electric Capital, is building zero-knowledge privacy and settlement infrastructure for the same institutional customers. Established privacy protocols and enterprise vendors are also competing for the same deployments.
The funding structure also carries a built-in tension. Bitmine and SharpLink hold billions of dollars of ETH, so the infrastructure they fund is infrastructure whose success would lift the value of their own treasuries. Ethlabs addressed a version of this by routing funds through an arm's-length grants administrator; EthSystems, a for-profit company, has not detailed a comparable arrangement.
ETH changed hands around $1,880 on Tuesday, according to data from CoinGecko, leaving it among the weakest-performing major crypto assets of 2026 and well below its 2025 highs — the backdrop against which treasury companies are funding work meant to widen institutional demand for the asset.
Analyst Benjamin Cowen still warns the setup mirrors a 2018 pattern that gave back all its gains by September.
Is Bitcoin Replaying The 2018 Fake Rally?Cowen drew a direct parallel to 2018 on X.
That year, Bitcoin started late June and early July with two green weeks, pulled back red into CPI, then bounced higher into late July before surrendering all gains by September. He said today’s setup looks similar.
The chart adds weight to that concern. Bitcoin broke above the descending trendline that capped every rally since the May top and reclaimed the 20-day EMA at $62,955 on the same candle, a meaningful structural shift.
RSI crossed above 50 for the first time since late May, confirming the momentum move.
The question traders are sitting with is whether this is the start of a recovery or another bounce that fades into overhead supply, exactly as it did in 2018.
Key levels for Bitcoin $62,955 — 20-day EMA, now acting as support; losing this turns the breakout into a fakeout $65,060 — 50-day EMA, first resistance above $67,000 to $68,000 — next resistance zone if $65,060 clears Why Is ETH The More Interesting Trade Right Now?Crypto analyst Ali Charts noted the SuperTrend indicator flipped bullish on the three-day chart for ETH.
The last two buy signals on that timeframe preceded rallies of 72% and 177%.
Trader Pentoshi said ETH is the most interesting major at current prices, pointing to three converging setups.
On the ETH/BTC pair, price sits just under resistance where the previous lower low formed. Meanwhile, on the ETH/SOL pair, ETH has been in a slow uptrend for the past year. On the USD pair, price is not far above multi-year support.
“This price can be expensive, while a reclaim can be cheap,” Pentoshi wrote, adding that he started a quarter position at $1,766 with plans to add over time given the setup but acknowledged the resistance overhead makes a full position premature.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Crypto prices are rising across the board today, even as the head of the Federal Reserve made clear he has no plans to step in and rescue the industry if things go wrong. Bitcoin sits near $64,600 today, rising more than 3%. Ethereum has climbed above $1,875 today, gaining more than 5% over the last day and XRP now trades near $1.10 today, up nearly 3% over the past 24 hours too.
The wider crypto market is also higher, with total market value near $2.22 trillion, up more than 2.5 percent. Even so, the Fear and Greed Index still sits at 33, which means the market remains in a state of fear overall.
What Kevin Warsh actually said
Speaking during testimony before Congress, Federal Reserve Chair Kevin Warsh said the central bank has no interest in stepping in to save crypto if it runs into trouble. Warsh said the Fed wants to avoid being in the bailout business with crypto too.
“We’re not bailing out anybody, including crypto,” he said.He added that the Fed wants to be in a position where it isn’t bailing out anyone at all, crypto included.
He also talked about inflation
Warsh also addressed inflation during the same appearance. He said persistent inflation comes down to choices made through monetary policy, not short term price swings or global uncertainty. He said that if the Fed gets its policy right, the high inflation of the past five years will become a thing of the past.
Why this matters
Warsh has a mixed record on crypto. He has criticized some crypto projects in the past, but he has also said Bitcoin doesn’t make him nervous and has personal investments tied to blockchain projects, which he pledged to sell off after becoming Fed Chair. Today’s comments make clear that even with that personal history, he doesn’t see crypto as something the Fed would step in to protect during a crisis.
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.
Timelock Account Recovery Gives Ethereum Smart Accounts A Safer Backup Route is a useful reminder that crypto coverage is not only about token prices. Sometimes the more important story is the infrastructure, regulation, security, or product layer sitting underneath the market noise.
The immediate point is straightforward: a new Ethereum Magicians proposal outlines timelock-based smart account recovery. That gives readers something concrete to work with, rather than another vague sentiment update.
TL;DR A new Ethereum Magicians proposal outlines timelock-based smart account recovery. The design aims to reduce trust in guardians by adding delay and cancellation windows. The idea could make ERC-4337 wallets safer for ordinary users if it matures. Why This Matters Now The timing matters because Ethereum is already part of a wider conversation across the market. Traders want to know whether the development changes liquidity or risk. Builders want to know whether it changes what can be deployed. Compliance teams want to know whether it changes how platforms operate.
In that sense, the story is bigger than one headline. It sits inside the ongoing shift from speculative crypto cycles toward more practical questions: who can use these systems, how safe are they, and whether the underlying incentives actually work.
The best way to read it is with discipline. It is not a guarantee of immediate upside, and it should not be treated as one. But it does add a fresh data point to the way the market is thinking about Ethereum.
The Ethereum Angle For Ethereum, the important part is the specific mechanism. If this is a security issue, the risk sits in dependencies and user protection. If it is a listing or product launch, the question is access and liquidity. If it is a governance or research proposal, the question is whether the idea can survive implementation.
That is where this update becomes useful. It is not just a label attached to a trend. It gives readers a way to understand what might actually change if the development gains traction.
Crypto has a habit of turning every announcement into a broad market claim. This one deserves a narrower read. The value is in seeing how it affects the users, developers, institutions, or traders closest to the issue.
The Risk Side There is also a caution attached. Source material can confirm that a development exists, but it cannot prove that adoption will follow. A proposal still needs support. A product still needs users. A chart still needs confirmation. A compliance tool still needs integration.
That is why the responsible reading is not to oversell the story. The stronger takeaway is that this adds to a pattern. The crypto market is steadily becoming more professional, more technical, and more sensitive to real operational details.
Readers should also watch for follow-up signals. That could mean developer feedback, exchange support, regulatory response, wallet adoption, liquidity data, or simply whether market participants continue reacting after the first headline fades.
What Comes Next The next stage will decide whether this remains a narrow update or becomes part of a larger market theme. In crypto, that difference matters. Plenty of stories look important for a few hours and then disappear. The ones that last usually show up again through usage, liquidity, enforcement, governance, or developer adoption.
For now, this gives the market another piece of information to weigh. It is specific enough to be useful, but still early enough that readers should keep the caveats in view.
That makes it worth covering without pretending it settles anything. The story is a signal, not a final verdict.
This report is based on information from ethereum-magicians.org.
This article was written by the News Desk and edited by Samuel Rae.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
EthSystems (@eth_systems) made its public debut on July 14, 2026, with a straightforward brief: solve Ethereum's privacy problem for institutional finance. The engineering and research company launched with anchor backing from Bitmine Immersion Technologies (NYSE: $BMNR), Sharplink (Nasdaq: $SBET), Ethereum co-founder Joe Lubin, and other ecosystem supporters, according to the official press release.
What EthSystems Is BuildingThe core pitch is selective disclosure. Banks, asset managers, and other regulated institutions want to run stablecoins, tokenized bonds, and settlement onchain, but a fully public ledger exposes positions, counterparties, and trade flows they are not permitted to reveal. EthSystems builds the technology that lets each party see only what it has a right to see, without sacrificing the decentralization and security that underpin Ethereum.
The founding team, Mo Jalil, Oskar Thorén, and Aaryamann Challani, previously built and led the Ethereum Foundation's Institutional Privacy Task Force (IPTF). Their backgrounds span the Ethereum Foundation, Goldman Sachs, and Status, one of the earliest Ethereum mobile clients. The company enters the market with a year of shipped open-source work covering private transfers, private bonds, confidential settlement, and privacy-preserving identity, all available at ethsystems.org.
EthSystems is the third spinout from the same backer consortium, joining Ethlabs, which advances Ethereum's core protocol, and Ethereum Institutional, which handles ecosystem engagement and education. Each fills a distinct role: EthSystems operates at the applied technical layer, translating institutional requirements into production systems for real financial activity on Ethereum.
Treasuries That Build, Not Just HoldThe involvement of @BitMNR and @Sharplink as backers signals a shift in how the largest native Ethereum treasury companies are deploying influence. Bitmine currently holds 5.77 million ETH, representing approximately 4.8% of ether's total circulating supply, making it the world's largest corporate Ethereum treasury. Sharplink holds roughly 886,725 ETH. Both have been aggressively accumulating $ETH over the past year, and their participation in EthSystems suggests they are now directing capital toward building the institutional infrastructure layer around the asset, not merely holding it.
Joe Lubin, Ethereum co-founder and CEO of Consensys, endorsed the launch directly, noting the team's discipline in publishing work openly so the broader ecosystem can build on it rather than waiting on a single company.
Sources:
EthSystems official launch announcement via Chainwire
EthSystems press release via PR Newswire
Bitmine ETH holdings update via Bitcoin.com News
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Ex-Ethereum Foundation privacy researchers have launched EthSystems, a for-profit firm building privacy tech for institutional Ethereum adoption.
Listen
0
0:00 0:00
Subscribe to Bankless or sign in
The trio behind the Ethereum Foundation's Institutional Privacy Task Force (IPTF) launched EthSystems today, a for-profit engineering firm aimed at helping banks, asset managers, and other regulated players transact on Ethereum without broadcasting sensitive data to the world.
Today we're launching EthSystems.
We build confidential systems for institutional Ethereum.
Institutions want to use Ethereum, but one of the biggest problems is the lack of built-in, modular privacy tools.
We were the Ethereum Foundation's Institutional Privacy Task Force… pic.twitter.com/Gp75lgoP0z
— EthSystems (@eth_systems) July 14, 2026 What's the Scoop?The 101: EthSystems will design confidential systems that lets each party in institutional transactions see only what they're entitled to see, while keeping compliance hooks like selective disclosure intact. Anchor backers include Bitmine, Sharplink, and Ethereum co-founder Joe Lubin.Proven builders: Founders Oskar Thorén, Mo Jalil, and Aaryamann Challani spent the past year running the IPTF, meeting with 100s of institutions including central banks. Their resumes span the EF, Goldman Sachs, and early Ethereum mobile client Status, where they helped build privacy infra still used across the ecosystem today.A year of receipts: The team arrives with a public body of opensource work, including private bond proofs-of-concept, compliance-first shielded pools for stablecoin transfers, private cross-chain atomic swaps, and the Ethereum Privacy Map. EthSystems says it will keep publishing specs and PoCs openly as it takes on paid engagements.Spin-out season: EthSystems is the third org to recently spin out of the EF, joining Ethlabs (core protocol work) and Ethereum Institutional (institutional education and coordination). The new firm positions itself as the applied technical layer of that trio, i.e. the commercial counterparty institutions hire when they're ready to build.Zooming out: Wall Street is increasingly embracing ETH the asset, as the treasury companies bankrolling this launch are proof, but Ethereum the infrastructure still has a privacy problem for regulated finance. That the EF's institutional privacy specialists now see enough paying demand to go commercial is itself a signal. The "trillions onchain" thesis will hinge on confidentiality tech, and the race to supply it is officially on.
0
Written by Bankless
792 Articles • View all
It’s time to break up with your bank, and join the movement for a better world.
Ethereum Foundation Clear Signing Push Targets Crypto’s Blind Approval Problem is a useful reminder that crypto coverage is not only about token prices. Sometimes the more important story is the infrastructure, regulation, security, or product layer sitting underneath the market noise.
The immediate point is straightforward: the Ethereum Foundation outlined work around safer clear signing standards. That gives readers something concrete to work with, rather than another vague sentiment update.
TL;DR The Ethereum Foundation outlined work around safer clear signing standards. The goal is to reduce blind approvals when users interact with complex dApps. Better signing clarity could help wallets reduce one of crypto’s most common user-side risks. Why This Matters Now The timing matters because Ethereum is already part of a wider conversation across the market. Traders want to know whether the development changes liquidity or risk. Builders want to know whether it changes what can be deployed. Compliance teams want to know whether it changes how platforms operate.
In that sense, the story is bigger than one headline. It sits inside the ongoing shift from speculative crypto cycles toward more practical questions: who can use these systems, how safe are they, and whether the underlying incentives actually work.
The best way to read it is with discipline. It is not a guarantee of immediate upside, and it should not be treated as one. But it does add a fresh data point to the way the market is thinking about Ethereum.
The Ethereum Angle For Ethereum, the important part is the specific mechanism. If this is a security issue, the risk sits in dependencies and user protection. If it is a listing or product launch, the question is access and liquidity. If it is a governance or research proposal, the question is whether the idea can survive implementation.
That is where this update becomes useful. It is not just a label attached to a trend. It gives readers a way to understand what might actually change if the development gains traction.
Crypto has a habit of turning every announcement into a broad market claim. This one deserves a narrower read. The value is in seeing how it affects the users, developers, institutions, or traders closest to the issue.
The Risk Side There is also a caution attached. Source material can confirm that a development exists, but it cannot prove that adoption will follow. A proposal still needs support. A product still needs users. A chart still needs confirmation. A compliance tool still needs integration.
That is why the responsible reading is not to oversell the story. The stronger takeaway is that this adds to a pattern. The crypto market is steadily becoming more professional, more technical, and more sensitive to real operational details.
Readers should also watch for follow-up signals. That could mean developer feedback, exchange support, regulatory response, wallet adoption, liquidity data, or simply whether market participants continue reacting after the first headline fades.
What Comes Next The next stage will decide whether this remains a narrow update or becomes part of a larger market theme. In crypto, that difference matters. Plenty of stories look important for a few hours and then disappear. The ones that last usually show up again through usage, liquidity, enforcement, governance, or developer adoption.
For now, this gives the market another piece of information to weigh. It is specific enough to be useful, but still early enough that readers should keep the caveats in view.
That makes it worth covering without pretending it settles anything. The story is a signal, not a final verdict.
The key is not to confuse coverage with certainty. Ethereum stories can move quickly, especially when they touch security, regulation, listings, infrastructure, or price levels. The useful approach is to track the next confirming detail rather than assume the first update carries the whole market story. That is how traders avoid chasing noise and how readers separate a genuine development from another passing headline.
This report is based on information from blog.ethereum.org.
This article was written by the News Desk and edited by Samuel Rae.
Dogecoin is trading near $0.071 as buyers attempt to hold a critical support level following recent selling pressure. Large holders, commonly known as whales, have increased their accumulation, fueling hopes for a trend reversal and renewed bullish momentum in the coming days.
Dogecoin price steadies after pullbackThe price of Dogecoin is currently around $0.07153, showing a decline of roughly 2.68% over the last 24 hours. The asset holds a market capitalization close to $11.09 billion, with daily trading volume above $428 million. Despite trading beneath key resistance zones, bulls are attempting to defend the $0.070 support level after another short-lived downturn.
Analysts identify $0.070 as a pivotal area; a drop below this threshold could weaken Dogecoin’s recovery structure, while maintaining support might grant bulls another opportunity to push prices towards $0.075 and $0.078.
Dogecoin continues to hover just above its lower range. If buyers maintain this defense, a recovery move to $0.075 or higher becomes possible, according to market participants tracking short-term price changes.
Trading activity shows Dogecoin recently pulling back from the $0.073 region, hovering close to its crucial support. The price remains vulnerable, but the ongoing defense at current levels is attracting attention from traders looking for an upward reversal.
Whale accumulation increasesSignificant accumulation by whale investors is emerging as a notable bullish signal this week. On-chain analytics indicate whales acquired 590 million DOGE in one day, estimated to be worth $42 million. This activity aligns with Dogecoin’s retreat to lower price levels.
Such accumulation does not guarantee an immediate uptick, but it is generally seen as a sign of renewed interest from major market participants. If this trend persists while DOGE sustains support, sentiment around the cryptocurrency may improve.
Whale buying often serves as an indicator of confidence from large capital investors, with many market observers watching to see if this accumulation continues to support the price structure.
Mini dictionary: Whale, a term for an investor or entity that holds a large amount of a particular cryptocurrency and whose trades can impact price movements.
DOGE approaches key technical resistanceFrom a technical standpoint, Dogecoin is currently testing a descending trendline that has limited the asset’s price for several weeks. Chart analysis shared by crypto influencers points to DOGE attempting to break above this resistance. A failed move risks another rejection and ongoing sideways movement, but a confirmed breakout could signal regaining upward momentum.
Should Dogecoin decisively clear the $0.075 resistance area, this could open the path to $0.078 and potentially $0.085, shifting short-term sentiment for DOGE traders.
The immediate technical focus remains on the $0.075 level, seen as the next significant resistance. Surpassing this zone could attract new buying interest and further price recovery.
Support LevelResistance LevelsPotential Targets$0.070$0.075, $0.078, $0.085$0.095, $0.10Trend reversal signals draw attentionIndependent analysts are monitoring for early signs of a trend reversal after months of downward pressure on Dogecoin. Chart readings illustrate pricing compressing beneath descending resistance, which could indicate a pending shift if buyers maintain their defense and successfully challenge overhead levels.
Should a reversal materialize, analysts believe DOGE could set its sights on the $0.088 and $0.095 regions, with $0.10 acting as a psychological milestone for market participants.
Long-term Dogecoin projections remain speculativeSome traders continue to evaluate Dogecoin’s long-term cycle patterns, referencing historical price surges and suggesting speculative targets between $0.30 and $3. However, realizing such ambitious levels would require DOGE to first reclaim a series of minor resistance areas and sustain broad market enthusiasm.
For now, the greater focus remains on near-term resistance zones at $0.075, $0.078, $0.085, with $0.095 and $0.10 drawing interest if upward momentum accelerates.
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.
Morgan Creek Capital founder Mark Yusko called the SpaceX (NASDAQ:SPCX) IPO an engineered squeeze that leaves retail investors holding an overpriced security while insiders cash out.
Why Is Yusko Comparing SpaceX To Dogecoin?Yusko’s argument, brought forward in a podcast on July 11, centers on float and control.
Only 4% of SpaceX shares trade publicly, with Elon Musk holding 46% and the remaining 50% locked up among early investors.
That structure lets Musk control the price narrative while retail investors chase a story with no real exit valve when insiders eventually sell.
“SpaceX is the equivalent of Dogecoin (CRYPTO: DOGE),” Yusko said.
“Mark Cuban and Elon Musk own most of the coins and there’s this cult of people that own it and think it’s worth something, but it’s not worth anything. And if Elon sold one Doge, Doge would go to zero,” he added.
Yusko acknowledged SpaceX has a real satellite business but dismissed the AI data center narrative as technologically impossible and said the company’s free cash flow remains deeply negative with no clear path to profitability.
Why Does The Math Make A 10x Return Impossible?Yusko’s sharpest challenge is a valuation one. SpaceX enters public markets at a $2 trillion starting valuation, and investors drawing comparisons to early Microsoft or Apple are working from a broken premise.
“The U.S. GDP today is $31 trillion,” Yusko said. “If SpaceX goes 10x, you’re saying one company with no profits is going to be half of U.S. GDP. It’s not going to happen.”
His warning on lockup expiry is direct. When early holders start selling, he expects the price to fall significantly. “I think that goes down a lot. A lot,” he said.
What Is DOGE Doing Amid The Broader Selloff?Dogecoin trades below its 20, 50, 100, and 200-day EMAs, with the bearish alignment across all timeframes confirming sustained downside pressure.
The descending trendline continues to cap recovery attempts as DOGE tests a key demand zone around $0.07 to $0.0690.
The broader selloff was triggered by President Donald Trump reinstating a U.S. blockade on the Strait of Hormuz and proposing a cargo fee, escalating Middle East tensions and pushing crypto into risk-off territory.
Over $360 million was liquidated from the crypto market, with the Fear and Greed Index hitting Extreme Fear.
Key levels for DOGE $0.0690 — losing this on a daily close exposes $0.0660, then $0.0630 $0.0753 — reclaiming the 20-day EMA weakens the immediate bearish structure $0.0819 — 50-day EMA where stronger resistance sits Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Dogecoin continues to show the potential for a long-term breakout on its monthly chart, but short-term signals remain bearish after the loss of a key support level. Technical analysts are watching for signs of a potential new market cycle, while near-term price action suggests further decline may be needed before a sustained recovery can begin.
Monthly chart shows familiar cycle patternTechnical analyst Trader Tardigrade described Dogecoin’s price structure as entering the final stage of a multi-year consolidation. The setup involves four phases: an initial bearish leg, a partial recovery, a falling wedge formation, and the prospect of a bullish breakout. This structure is reportedly similar to the cycle seen from 2014 to 2017, which preceded Dogecoin’s surge from 2017 to 2021.
Currently, the monthly chart points to a compression phase, marked by lower highs and lower lows within the wedge pattern. Trader Tardigrade suggested that a breakout above the wedge would confirm the start of a new bullish cycle for Dogecoin, provided that price holds above newly established resistance levels.
However, this scenario remains speculative until price action confirms the reversal. Dogecoin has yet to convincingly clear the upper boundary of the wedge. The coin would need to post new monthly highs to signal that the bullish phase is underway.
Trader Tardigrade compared the evolving Dogecoin price action since 2021 to its historical cycles, noting that, in past instances, a sustained breakout from a prolonged falling wedge pattern fueled a significant rally.
Mini dictionary: Falling wedge – A chart pattern characterized by converging trend lines, where support and resistance trend downward, often considered a potential bullish reversal signal if a breakout occurs above the upper boundary.
Short-term outlook: support breaks and downside riskOn the daily chart, Dogecoin recently fell below key support after being rejected near $0.078. Sellers have maintained control, pushing Dogecoin beneath the $0.0715 mark, which had defined the lower edge of its short-term range. This development adds pressure to the downside, increasing the likelihood that Dogecoin could decline to $0.068 or into the $0.064-$0.066 region before finding stronger buying interest.
Earlier attempts at recovery failed after Dogecoin broke down from a rising channel. Despite a period of consolidation between $0.0715 and $0.078, buyers were unable to reclaim momentum. With the latest support breach, technical traders are now watching how Dogecoin reacts around $0.068 and, if selling persists, within the wider support band below.
Support LevelStatusNext Risk ZoneKey Resistance$0.0715Broken$0.068, $0.064-$0.066$0.078A short-term rebound cannot be ruled out, especially if Dogecoin quickly reclaims the $0.0715 threshold. However, the immediate outlook remains bearish unless price establishes consistent closes above $0.078, which would signal a shift in momentum back in favor of buyers.
Recent price action shows that any short-lived recoveries must be supported by a return above $0.0715 to ease downward pressure on Dogecoin.
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.
Dogecoin (DOGE) price is up by 2.25% today, July 14, to trade at $0.073 at the time of writing. The gains come as the broader crypto market recovers after the US inflation dropped to 3.5%. Still, Dogecoin remains below all EMAs amid an ongoing meme coin selloff that has wiped out $1.2 billion from Binance.
Binance Faces $1.2B Meme Coin Selling Pressure Data from CryptoQuant shows that traders on Binance have sold $1.2 billion worth of meme coins since October 2025. Analyst Darkfost notes that traders are selling because meme coins are the “riskiest assets” in crypto.
This selling pressure has pushed the price of Dogecoin down from $0.26 in October 2025 to $0.07 today, July 14. This means Dogecoin is down by 73% in eight months. In contrast, Bitcoin has dropped by 50% within the same period.
Still, the launch of Robinhood Chain has revived interest around meme coins, with Robinhood Chain tokens like CASHCAT reaching a market cap of $138 million since the chain launched on July 1.
Dogecoin is also gaining today, July 14 after US inflation dropped to 3.5%, reviving bullish momentum around risk assets because the Fed has less incentive to hike interest rates. But analyst Dark Frost warns these gains may not be sustainable.
Darkfost maintains that the long-term Dogecoin price forecast remains bearish unless there is sustained buying pressure.
Dogecoin Price Remains Below Key EMA Levels as Bearish Pressure Surges The price of Dogecoin has dropped below the 200-day EMA, 100-day EMA, and 50-day EMA levels. This drop suggests that the momentum is favoring bears.
Dogecoin price now trades at the support of $0.071. Closing below this support could see the price drop to the June 30 low of $0.069.
The RSI reading of 41 suggests that the momentum is still favoring bears, and this supports the bearish thesis of a drop to $0.069.
But the RSI line is rising, and if it makes a higher high above $50, it could invalidate the bearish thesis, and Dogecoin could move to the 50-day EMA of $0.082.
DOGE/USDT: 1-day Chart (Source: TradingView) Zooming in on the daily chart shows that Dogecoin could be forming a bullish W pattern if it bounces from the support of $0.071.
If the pattern plays out, Dogecoin faces the first obstacle at the July 4 high of $0.079 before a 10% rally ensues to $0.0869.
Dogecoin ETFs Post Zero Inflows For Four Weeks Data from SoSoValue shows that Dogecoin ETFs have not seen any inflows since June 17 despite Trump’s recent push for crypto. In fact, the ETFs have seen zero flows for six straight days since July 2.
DOGE Spot ETF Flows These fading inflows suggest that institutional demand towards Dogecoin ETFs has dropped and this is also pulling the price down.
Dogecoin ETFs now have $9.9 million in net assets since they started trading in November 2025. These net assets are equal to only 0.09% of Dogecoin’s market cap.
Dogecoin’s Open Interest Falls as Long/Short Ratio Tumbles Dogecoin’s open interest has dropped from $1.76 billion in May 2026 to $1 billion on July 14. The drop suggests that speculative interest towards Dogecoin has faded as the meme coin struggles under high selling pressure.
Dogecoin Derivatives Data The long/short ratio for Dogecoin has also dropped to 0.88 per CoinGlass data. This drop suggests that many traders are betting that the price of DOGE will continue to drop.
Memecoins have become one of the fastest-growing parts of the cryptocurrency market. What started with Dogecoin as an internet joke has evolved into a multi-billion-dollar sector where community attention often moves prices faster than technical development.
July 2026 has continued that trend, with new chains, viral communities, and fresh narratives creating opportunities alongside significant risks. Understanding how memecoins work is the first step before deciding which projects deserve closer attention.
What Is a Crypto Memecoin? A crypto memecoin is a digital asset inspired by internet culture, viral trends, or online communities rather than traditional business models.
Unlike utility tokens that focus on powering decentralized applications, memecoins usually gain value through community participation, social media activity, exchange listings, and market momentum.
That does not mean every memecoin follows the same path.
Some remain simple community tokens, while others gradually introduce additional products, staking programs, decentralized finance tools, or blockchain applications to expand their ecosystems.
The sector has also changed significantly over the past two years.
Instead of Ethereum dominating launches, many new memecoins now appear on Solana, Base, and newer networks such as Robinhood Chain, where lower transaction costs encourage frequent trading.
Because prices can rise or fall rapidly, investors generally evaluate three factors before participating:
Community activity Liquidity and trading volume Exchange support Project transparency Long-term development plans These indicators do not guarantee success, but they help separate active ecosystems from short-lived trends.
The Biggest Memecoins to Watch This Month July has produced several standout memecoin projects across different blockchain ecosystems.
CASHCAT has become the flagship memecoin on Robinhood Chain after rapidly reaching a market capitalization above $120 million while generating remarkable early-investor returns.
ANSEM has revived Solana’s memecoin market by climbing above $400 million in market value, supported by strong community participation and renewed trading activity across the network.
Established names continue attracting significant liquidity.
PEPE remains one of the sector’s most actively traded assets, while DOGE continues serving as the market’s largest mainstream memecoin. BONK, SHIB, and WIF also maintain active communities despite increasing competition from newer projects.
Together, these projects demonstrate that memecoin markets continue evolving rather than relying on one dominant token.
How MemeToro Expands Beyond a Traditional Memecoin MemeToro approaches the memecoin sector from a different direction.
MemeToro ($MT) is a functional Web3 utility platform that translates real-time cultural data into deployable smart contracts and decentralized applications. The project architecture is tailored to support sustainable network scaling, transparent public allocations, and secure holder distributions.
End-to-End Asset Generation: The platform handles the full creation process of digital tokens, including asset design and initial smart contract deployment. Programmatic Yield Options: Users can delegate their assets to earn platform-generated fees and network rewards across active markets. Advanced Portfolio Management: The platform provides structural tools backed by an analytical engine to help track changing market sectors. Verified Contract Security: Audited protocols ensure that all transaction processing and token lockups operate exactly as coded. The project has raised more than $77,000, while the current presale price stands at $0.00171. Once the present allocation is completed, the token price will increase to $0.00190 in the following stage.
Memecoins Continue to Evolve Memecoins remain among the most active segments of the cryptocurrency market because they combine community participation with fast-moving market narratives.
Projects like CASHCAT and ANSEM show how quickly attention can build around new ecosystems, while established names such as DOGE and PEPE continue attracting significant liquidity.
At the same time, platforms like MemeToro ($MT) illustrate how newer projects are combining AI, blockchain infrastructure, and community-driven products to broaden what a memecoin ecosystem can become beyond simple speculation.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Large players are taking Cardano (ADA) supply off the market at volumes the network has not seen in the past 3.5 years. While retail investors are dumping their coins en masse, disappointed by the depressed price trend of 2026, wallets holding between 100,000 and 100 million ADA have accumulated more than 25.6 billion tokens.
On-chain data from Santiment shows that this move has returned “shark” and “whale” holdings to levels last seen in February 2023. Over the past four months alone, they have increased their positions by 1.8%.
Cardano (ADA) 100K–100M ADA vs. <100 ADA wallets — collective supply held, Source: SanbaseThis liquidity shift is taking place while the ADA chart looks deeply uncomfortable. The token recently traded near multi-year lows, while the relentless flow of negative sentiment and falling prices has finally exhausted retail investors’ patience.
HOT Stories
The local panic forced smaller addresses holding up to 100 ADA to reduce their positions by 0.7% over the same four-month period. This is a classic signal: large investors are using extreme retail pessimism to secure circulating supply at the steepest possible discount.
3 under-the-surface catalysts driving Cardano’s bull caseDespite the difficult price picture, Cardano still has active catalysts developing beneath the surface. Developers continue the network’s planned scaling effort and in late June, the key Leios testnet, Musashi Dojo, launched with the goal of increasing transaction throughput several times over.
At the same time, progress continues on the Hydra and Mithril protocols, Pyth oracles are being integrated, and fresh ecosystem funding activity is also being recorded.
You Might Also Like
The bullish case is simple: strong hands are absorbing supply, retail investors are losing patience, and market sentiment has been completely burned out. This combination does not guarantee an immediate price reversal, but large-scale whale accumulation amid the capitulation of smaller holders creates one of the healthiest technical setups ADA has shown this year.
Large Cardano whales have continued to accumulate ADA, pushing their combined holdings to the highest level since February 2023.
The largest Cardano holders are steadily increasing their holdings, even as ADA looks weak. In contrast, retail participants continue to trim their positions, as they start to grow impatient with the persistent price trend.
The divergence between large and small holders has become one of the healthiest trends emerging on the Cardano network.
ADA Whales Increase Holdings While Retail Pulls Back On-chain data from Santiment shows wallets holding between 100,000 and 100 million ADA now control more than 25.6 billion ADA.
The market intelligence platform highlighted that this marks their largest collective balance since February 2023. The milestone comes after roughly four months of consistent accumulation, as some of the network’s biggest participants take advantage of the weak market sentiment.
An accompanying chart highlights a steady rise in the balance held by wallets containing between 100,000 and 100 million ADA. Over the past four months, these addresses have increased their holdings by approximately 1.8%, lifting the total supply under their control to the current level.
Cardano Whale Holdings Reach February 2023 Level/Santiment At the same time, wallets holding fewer than 100 ADA have moved in the opposite direction. Their collective balance has fallen by around 0.7% during the same period, indicating they have gradually reduced their exposure.
According to Santiment, this contrast reflects different reactions to the same market condition. Specifically, larger holders are accumulating during periods of uncertainty, while retail traders are growing impatient after prolonged price weakness.
The firm noted that although this pattern does not guarantee a price reversal, it suggests confidence among whales, especially at a time when the crypto market is weak. Large holders are gradually deploying capital to buy the dip, moving the asset’s supply to wallets known to hold long-term.
Cardano Still Building Despite Weak Price Action Cardano has struggled throughout 2026, dropping 52% YTD. The correction has taken ADA to levels last seen in 2020. Also, it has tested investor confidence, with small wallets slowly giving in to market pressure
Despite the bearish trend, Santiment emphasized that the Cardano ecosystem has continued building. The network is still consistently implementing progressive initiatives, according to its development roadmap.
Some of them include the Leios testnet launch in June, ongoing improvements to Hydra scaling, and continued progress on Mithril. Cardano has also integrated the Pyth oracles, further boosting institutional traction.
These upgrades aim to strengthen the network’s infrastructure in the long term, positioning Cardano for mainstream adoption when attention starts to return to crypto.
Santiment highlighted that while it does not look like it now, the combination of whale accumulation and network building is bullish for Cardano. It called this setup one of the healthiest that ADA has shown all year.
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.
Cardano price holds above $0.15 as buyers attempt to stabilize ADA after a difficult weekly decline. The token trades near $0.158, extending losses beyond 14% over the past seven days.
Meanwhile, the wider crypto market has fallen 0.59% to $2.16 trillion during the latest session. Large wallets holding 100,000 to 100 million ADA have accumulated 320 million tokens since early July.
Their combined balances now stand at the highest among key stakeholders since the start of 2023. Nevertheless, ADA requires a sustained advance beyond $0.18 and $0.20 to enhance bullish action.
Bitcoin is trading around $62,500 with ETF outflows and escalating tensions between the US and Iran straining sentiment. Ethereum price continues to be pegged below $1,700 and XRP is above $1.05 amid the ongoing range-bound trading.
Cardano Whale Holdings Hit Highest Level Since February 2023 Cardano price is still close to the multi-year lows, but the big owners keep adding exposure when the market conditions are weak. Wallets holding between 100,000 and 100 million ADA now control more than 25.6 billion coins.
Source: Santiment data This balance reflects the group’s most significant overall holdings since February 2023, based on the data on the distribution of supplies. These wallets accumulated roughly 1.8% more ADA during the past four months.
Retail Wallets Reduce Their Cardano Exposure Retail Cardano wallets have experienced the reverse trend whereby smaller holders are lowering their combined exposure. Wallets with less than 100 ADA have approximately 0.7% less coins than four months ago.
This decline suggests retail traders are losing patience after ADA’s prolonged weakness during 2026.
✍️ TL;DR: Cardano’s key stakeholder holdings reach a 3.5 year high
📊 Metrics Used: Supply Distribution
🔗 Live Chart: https://t.co/9lzM6kxdcb
🦈 Cardano’s 100K to 100M ADA wallets now hold more than 25.6B coins, their highest level since February, 2023.
📉 Retail is doing the… pic.twitter.com/7iHLl5xyHT
— Santiment Intelligence (@SantimentData) July 13, 2026
In the meantime, Cardano is progressing with Leios testing, Hydra scaling upgrades, Mithril, and Pyth oracle integration. The difference between whale buying and retail selling poses a great shift in the market.
Cardano Price Eyes Recovery as ADA Holds Above $0.150 Support As of the reporting, the ADA price traded near $0.159 on the four-hour chart. Cardano price failed to break the resistance at $0.160 following its extension of the drop that had occurred at the beginning of July at a high of $0.195.
The nearest support is around 0.150, where the market was already defended by buyers. An extended decline below that would reveal $0.145 and $0.140. But maintaining above $0.150 can enable ADA to stabilize when another recovery attempt is to be made.
On the positive side, the future Cardano outlook needs to recover $0.160 in order to enhance near-term structure. An upward breakout beyond that level would be aimed at $0.170, then the more formidable level of $0.180.
Source: Tradingview The RSI was close to 36.75, indicating a weak momentum, but not overly oversold. Meanwhile, the MACD was below zero, albeit the histogram demonstrated milder bearish movement.
Cardano’s major holders have increased their ADA balances to the highest levels in more than three years, signaling a shift in supply distribution even as retail investors reduce their exposure to the asset during a period of weak price action.
Large ADA wallets accumulate more coinsSantiment Intelligence, an on-chain analytics firm, stated that wallets holding between 100,000 and 100 million ADA now control over 25.6 billion coins. This concentration marks the highest level recorded since February 2023.
Wallets of this size range, often referred to as “whale” and “shark” wallets, are closely monitored as indicators of likely market trends. Their collective moves may influence liquidity and overall sentiment within the Cardano ecosystem.
Cardano’s 100,000 to 100,000,000 ADA wallets now hold more than 25.6 billion coins, exceeding all levels since February 2023. Retail wallets, in contrast, have reduced their balances over the past four months.
Although the rise in large wallet holdings reflects accumulation among key stakeholders, it does not immediately guarantee a recovery in ADA prices. Market analysts suggest that such supply shifts are only one factor among many affecting short-term price movements.
Retail wallets reduce positionsWhile larger holders accumulate ADA, smaller wallets show the opposite trend. Data from Santiment Intelligence reveal that wallet addresses containing fewer than 100 ADA have seen their total holdings decline by around 0.7% over the past four months.
This reduction suggests that retail participants may have become more cautious or impatient amid Cardano’s recent price weakness in 2026. ADA has been trading near its multi-year lows, increasing the divergence between larger stakeholders and smaller investors.
The shift in supply between these two groups has become a significant signal for market observers. While large wallets accumulate, the declining balances of retail addresses may signal diminishing confidence or reduced engagement.
Wallet sizeTotal ADA held (current)Change (4 months)100,000–100,000,000 ADA25.6 billion ADAIncreaseBelow 100 ADAN/ADecrease (0.7%)Market response to this divergence, however, depends on broader factors such as demand, trading volume, and the overall condition of the cryptocurrency sector.
Cardano continues with ecosystem developmentDespite mixed market sentiment, Cardano’s ecosystem remains active. Current initiatives include ongoing work on the Leios testnet, enhancements to the Hydra scaling solution, and progress with Mithril, a tool designed for blockchain state synchronization.
Additional activity centers around further ecosystem funding and the integration of Pyth oracles, which are designed to bring off-chain data onto the Cardano blockchain.
The Cardano Foundation, an independent organization tasked with advancing Cardano’s adoption and governance, confirmed plans to deliver a dedicated Cardano booth at the upcoming Token2049 conference. This decision follows a governance proposal approved by DReps, or delegated representatives who participate in Cardano’s on-chain decision-making.
Alongside its presence at Token2049, the foundation is organizing the CardanoxDraperxBitcoin side event in Singapore, backed by Draper and the Cardano Foundation. Further details are expected as the event approaches.
Mini dictionary: DReps (Delegated Representatives) are individuals elected by Cardano token holders to represent their interests in the network’s decentralized governance system, voting on proposals and influencing protocol decisions.
The Cardano Foundation stated that its teams have agreed to deliver the Cardano booth at Token2049, adding that the move follows a governance action as described in the project’s metadata. The organization is also planning a community side event in Singapore.
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 just hit a governance milestone that’s been years in the making. The van Rossem hard fork was ratified on July 13 through the network’s Voltaire on-chain governance framework, with enactment scheduled for July 18.
Here’s why that matters: this is the first Cardano hard fork that wasn’t orchestrated top-down by founding entities like Input Output or the Cardano Foundation. Instead, it was initiated, debated, and ratified entirely through decentralized governance.
What the upgrade actually does The van Rossem hard fork advances Cardano to Protocol Version 11, an intra-era change within the Conway ledger era. New built-in functions are being added to the Plutus smart contract platform, and smart contract execution costs are being reduced.
The governance action was first submitted to the mainnet on June 16, during Epoch 637. From submission to ratification took roughly four weeks.
Advertisement
The hard fork is named after Max van Rossem, a Cardano community contributor who passed away in early 2026.
How the governance process worked The Hard Fork Working Group, led by Intersect MBO, coordinated the technical and procedural logistics. Input Output, the Cardano Foundation, and Emurgo all participated. Three groups had to sign off: Delegated Representatives (DReps), the Constitutional Committee, and Stake Pool Operators (SPOs). DReps are essentially elected representatives who vote on behalf of ADA holders who delegate their voting power.
The Plutus cost model for testnets was ratified with 68.57% DRep approval by June 13.
Before hitting mainnet, the upgrade went through extensive testnet enactments between May and June 2026. Node readiness peaked at approximately 84% by mid-June.
The road to Dijkstra and Leios The van Rossem hard fork is explicitly designed to lay groundwork for the Dijkstra era, Cardano’s next major developmental phase. Dijkstra will bring Leios, a scaling solution that promises to significantly increase Cardano’s throughput.
What this means for investors First, the governance precedent. A blockchain that can upgrade itself through decentralized decision-making is, at least in theory, more resilient and adaptable than one that depends on a small group of core developers.
Second, the Plutus cost reductions could matter for ecosystem growth. Lower smart contract costs reduce friction for developers and could help attract applications that previously found Cardano too expensive or cumbersome to build on.
The risk side is equally straightforward. An 84% node readiness figure means roughly 16% of nodes weren’t fully prepared as of mid-June. A 68.57% approval rate on the Plutus cost model shows the system works, but it also shows that a meaningful minority of DReps dissented, which could signal disagreements that become more consequential on future, more contentious proposals.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
In This Article The Van Rossem Upgrade Is One Vote AwayHoskinson Defends EMURGO But the SBI Miss StingsThe Cardano DRep Governance Standoff Has Already Drawn Blood Cardano is experiencing one of its most significant weeks in months, and not all of the news is positive. The van Rossem upgrade is progressing through Cardano’s governance process.
Meanwhile, Charles Hoskinson has defended EMURGO after Solana announced a high-profile partnership with SBI Holdings, which the Cardano community believes should have belonged to them.
UPDATE
CARDANO'S NEXT HARD FORK COULD GO LIVE THIS MONTH 😱😱😱
Cardano's Van Rossem hard fork is currently in on-chain governance voting and could activate in July 2026.
The upgrade cuts smart contract costs, introduces ZK-ready cryptography, and marks Cardano's first hard… pic.twitter.com/lAlfY5DtJX
— Mintern (@MinswapIntern) July 12, 2026
Additionally, the ecosystem’s DRep governance system is engaged in an increasingly contentious standoff with founding entities, resulting in the cancellation of the Cardano Summit 2026.
The central issue in all three situations is the same: Cardano’s new decentralized governance infrastructure is functioning exactly as intended, and that is part of the problem.
The Van Rossem Upgrade Is One Vote Away van Rossem hard fork update 🍴
The hard fork initiation action was ratified at the epoch boundary on July 13, 2026 at 21:45 UTC.
Voting Result:
✅️ DReps: 77.63% / 60%
✅️ SPOs: 52.7% / 51%
✅️ CC: 6 constitutional, 1 did not vote
Following ratification, enactment will now… pic.twitter.com/GGcQSajRjm
— Intersect (@IntersectMBO) July 13, 2026
The van Rossem upgrade is being ratified through Cardano’s on-chain governance. Think of it as the difference between a landlord deciding to renovate and tenants voting on it themselves.
The on-chain vote is close to securing the required approvals from DReps, SPOs, and the Constitutional Committee, and Intersect’s Hard Fork Working Group has recommended proceeding with the upgrade.
Protocol Version 11 delivers improvements to Plutus smart contract performance and lower execution costs for DeFi/stablecoin scripts.
It also includes pairing-based cryptographic primitives that enable native zero-knowledge proof verification, enhancements to node security, VRF key uniqueness, and stake pool hardening, as well as improved ledger consistency and updated reference input rules. It also lays groundwork for later scaling and governance-era changes.
DISCOVER: Best Meme Coin ICOs to Invest in 2026
Hoskinson Defends EMURGO But the SBI Miss Stings This week, SBI Holdings announced a partnership with Solana to develop on-chain financial markets in Japan, prompting questions about why Cardano missed the opportunity.
Cardano’s founder, Charles Hoskinson, refuted claims of failure, stating that historical ties don’t guarantee commercial deals and that neither EMURGO nor the Cardano Foundation is contractually bound to negotiate. He suggested using the Cardano treasury to fund a dedicated business development organization to pursue strategic partnerships.
Cardano also missed out on the OpenUSD stablecoin initiative, which includes companies like Ripple and Coinbase. EMURGO’s reduced activity is due to a focus on recovery after the SecondFi wallet security incident.
The situation is ironic, as Hoskinson is advocating for treasury-funded expansion amid difficulties in getting large proposals approved, despite ongoing engagement in the ecosystem.
EXCLUSIVE: Join 99Bitcoin’s $1000 USDT Airdrop on ByBit
The Cardano DRep Governance Standoff Has Already Drawn Blood
(SOURCE: TradingView)
The DRep system for Voltaire governance has rejected several key proposals, including a 14 million ADA request for the Cardano Summit 2026 and a revised 7.8 million ADA proposal that fell short of the required supermajority, leading to the summit’s cancellation.
Additionally, a 32.9 million ADA research fund proposal faced 86.72% opposition due to concerns about bundling, overlap with IOG’s responsibilities, and lack of detailed milestones. While IOG secured approval for six out of nine treasury proposals totaling 131.5 million ADA, the largest asks faced friction.
Hoskinson has warned that rejecting research funding could deter engineers, prompting the Cardano Foundation to encourage active voting among stake pool operators.
The governance framework established by CIP-1694 is functioning as intended, but the ongoing deadlock raises concerns about Cardano’s competitiveness.
The upcoming ratification of the van Rossem upgrade could enhance the credibility of on-chain governance, but persistent governance issues could lead to significant setbacks for Cardano.
EXPLORE: Best Crypto Presales With Asymmetric Upside in the Current Market
#Altcoin News Today
Why you can trust 99Bitcoins
10+ Years
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
90hr+
Weekly Research
100k+
Monthly readers
50+
Expert contributors
2000+
Crypto Projects Reviewed
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Alex Ioannou
On-Chain Journalist
Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More
Free Bitcoin Crash Course Enjoyed by over 100,000 students. One email a day, 7 days in a row. Short and educational, guaranteed!
It’s a familiar market setup: asset price sits at multi-year lows, social sentiment is loud and negative, yet the largest wallets are quietly filling up. According to the Santiment update published July 13, 2026, Cardano’s cohort of wallets holding between 100,000 and 100 million ADA now controls more than 25.6 billion coins. That’s the highest level since February 2023, a period that preceded a strong repricing earlier in the cycle. While that doesn’t guarantee a repeat, the contrast with smaller wallets is stark: retail addresses holding fewer than 100 ADA have reduced their collective stack by roughly 0.7% over the past four months.
This divergence matters because it flips the usual retail-led narrative. When large stakeholders accumulate into weakness while retail continues to exit, the available float shrinks on order books that are already thin. It doesn’t automatically create a bottom, but it does construct the kind of supply-side tightness that can amplify a move once a catalyst arrives. And despite the price chart, Cardano has several technical milestones in motion.
Whale Accumulation Meets Retail Fatigue The 100K–100M ADA bracket isn’t a homogenous group — it includes mid-tier sharks and heavyweight whales — but the aggregate accumulation pattern is the signal. Their combined holdings reaching a 3.5-year high suggests conviction among hands that have weathered previous cycles. Meanwhile, retail is acting on the immediate price signal, not the underlying network development. That’s a divergence worth tracking, especially as broader blockchain developer activity continues to evolve across multiple networks.
What makes the setup unusual is the noise factor. Cardano has been a recurring target of crypto FUD, and the 2026 price action — trading near levels that earlier this year would have been considered deeply discounted — has amplified the bearish chatter. In this environment, accumulation looks contrary, which is precisely why it catches attention. Supply distribution data tends to be most telling when sentiment is uniformly negative, because it forces the market to ask who is on the other side of the trade.
Catalysts Beneath the Surface The Santiment note highlighted a set of underlying catalysts that matter more to market structure than short-term price swings. The Leios testnet is advancing, Hydra scaling upgrades are ongoing, Mithril progress continues, Pyth oracles are active, and fresh ecosystem funding is circulating. None of these are vaporware headlines; they’re incremental infrastructure that alters throughput, oracle reliability, and the developer tooling available to builders still shipping on Cardano. While traders watching the daily ADA chart may dismiss these as background noise, the whale cohort appears to be pricing them differently.
Taken together, the accumulation and the underlying activity don’t offer a trade signal, but they do lay out a healthier supply picture than most of the market is currently seeing. The open question remains whether sentiment can turn quickly enough to matter. For now, the situation leaves ADA in a zone where developer activity across chains remains a key barometer — and where supply dynamics are quietly shifting in favor of the strongest hands.
AUTHOR
Brenda is a writer with three years of experience specializing in cryptocurrency, artificial intelligence and emerging technologies. She graduated from the University of Mombasa with a degree in Psychology. She has worked at Cryptopolitan and Blockchain Reporter.
Meta Description: Learn why BlockDAG leads the list of top crypto to buy alongside Avalanche, Cardano, & Dogecoin. Capitalize on a limited-time 100% bonus offer today.
The window of opportunity in the digital asset market opens quickly and shuts even faster. Investors who hesitate often find themselves watching massive market rallies from the sidelines. For those seeking maximum asset acceleration, identifying the top crypto to buy requires looking beyond standard market noise.
Right now, a few select networks present compelling growth profiles that demand immediate attention before retail demand drives acquisition costs out of reach.
1. BlockDAG: Building a Digital Empire With 100% Bonus BlockDAG is separating itself from standard market entries by establishing an entire transactional economy. The project focuses on creating a sustainable commercial empire supported by scalable, parallel infrastructure rather than launching a simple token. The architecture processes smart contracts and decentralized applications at lightning speeds, moving well past traditional layer-one network bottlenecks.
The urgency surrounding this network stems from a highly aggressive promotional structure designed to reward early participation. Investors who use the promotional code “EARLY” will receive a 100% EXTRA BDAG credit on top of their allocation.
Furthermore, utilizing this code grants exclusive access to the September 1 USDT Buybacks, advancing the timeline a full month ahead of the standard October 1 schedule. With an acquisition price set at $0.00000033 and a targeted buyback selling price of $0.03, the mathematical spread represents a substantial entry window. Coins are sent directly to participant wallets, eliminating structural delays and making it a prominent top crypto to buy for those targeting immediate scale.
2. Avalanche (AVAX): Highly Scalable Infrastructure for Enterprises Avalanche provides a technically flexible foundation designed specifically for institutional integration and custom blockchain creation. The utility token, AVAX, serves as the fundamental layer for transaction fees, network security validation, and asset staking. By utilizing a multi-chain architecture, the network empowers independent developers to deploy isolated, purpose-built subnets that function harmoniously within the broader ecosystem.
This structural adaptability acts as a significant driver within long-term Avalanche forecast models. Financial institutions and global enterprise operations favor the network due to its sub-second transaction finality and predictable cost scaling. As traditional enterprises migrate corporate operations onto decentralized databases, the structural utility of AVAX solidifies its position as a top crypto to buy for long-term thematic portfolios.
3. Cardano (ADA): Development Focused on Sustainability Cardano prioritizes academic peer review and methodical engineering over rapid, speculative deployments. The network relies on a distinct two-layer system that separates account balances from computational execution, maximizing structural flexibility and enabling smooth software upgrades. This design philosophy forms the core theme of modern Cardano forecast models, which emphasize network resilience and predictable operations.
The real-world application portfolio for the network spans commercial logistics, state-level identity management, and decentralized finance. Because the architecture minimizes protocol vulnerabilities, structural ADA forecasts generally project a path of steady, fundamentals-driven expansion. Investors seeking an asset insulated from volatile market sentiment view this protocol as a core top crypto to buy.
4. Dogecoin (DOGE): High-Volatility Asset Supported by Community Sentiment Dogecoin has shifted from its origins as a casual internet joke to become a highly recognizable digital payment asset. The network features an extraordinarily active global community that frequently drives massive trading volumes during speculative market expansions. However, the asset remains highly volatile, and typical Dogecoin forecast models depend heavily on general retail sentiment and broader market cycles rather than corporate utility.
While the high-risk nature of the asset makes it a speculative tool, its liquidity and historical ability to outperform during macro rallies keep it highly relevant. Traders looking to capitalize on rapid market momentum continue to track DOGE forecasts closely. For tactical portfolios designed to leverage sudden shifts in cultural attention, it remains a heavily traded top crypto to buy.
Key Insights Securing a position in the right digital assets before liquidity transitions into a full macro expansion requires immediate decisive action. While established platforms like Avalanche, Cardano, and Dogecoin offer distinct advantages ranging from enterprise scaling to high-momentum trading, BlockDAG presents a time-sensitive opportunity that is difficult to ignore. The compounding benefit of a 100% token bonus combined with advanced September buyback rights creates an ideal setup for proactive market participants.
Missing out on these structural entry points often means paying a premium later, making this the optimal moment to finalize your selections for the top crypto to buy.
Tether AI, an efficient on-device AI entity, has recently released the exclusive version of its popular QVAC software development kit (SDK). The new rollout introduces several enhancements that focus on enhancing on-device AI performance as well as developer workflows. As per QVAC’s official X announcement, the latest SDK 0.15.0 supports prompt batching, improved mobile version processing, an extra local coding agent inclusion, and a local AMD GPU backend. Hence, the update underscores Tether AI’s consistent attention toward the provision of high-performance AI apps that run without depending on cloud infrastructure.
The CEO of Tether, Paolo Ardoino, retweeted this announcement by QVAC raising the importance of this update.
QVAC SDK 0.15.0 Goes Live with Prompt Batching and Local AMD GPU Support The release of QVAC SDK 0.15.0 includes a key feature of prompt batching to support a large language model (LLM) add-on. The respective feature permits developers to merge diverse prompts into a single processing task while conducting their concurrent execution. Instead of waiting for all of the prompts to complete together, every generated response is reportedly returned following completion.
Apart from that, the release offers a native HIP/ROCm backend to facilitate AMD GPUs via the @qvac/vla-ggml stack. While using Linux x64 devices, the backend is automatically chosen over Vulkan at the time of ROCm’s availability. The implementation provides nearly 23% increased performance in comparison with Vulkan, as well as almost 14% better performance against PyTorch-ROCm.
Improving Developer Flexibility and Transparency At the same time, another crucial improvement is the OpenClaw integration alongside OpenCode. As a result, developers are now permitted to select between the cloud-free coding workstreams, broadening flexibility for AI development. Overall, Tether AI’s QVAC SDK 0.15.0 launch adopts an inclusive code style, providing more ease, consistency, and codebase transparency to developers.
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.
A prolonged dollar shortage is pushing the once crypto-averse government to consider bringing the largest stablecoin into its formal payments system.
Posted July 14, 2026 at 6:17 am EST.
Bolivia is considering whether to bring Tether’s USDT into its national payments system, letting the stablecoin circulate alongside the boliviano and the US dollar. It would be a striking reversal for a country that outlawed crypto transactions until 2024.
Economy and Public Finance Minister José Gabriel Espinoza said at a Friday press conference that the government is studying a regulatory framework covering banks, digital wallets, and payment providers. The proposal remains under technical review, and officials have not published implementation rules or granted USDT legal-tender status.
This story is an excerpt from the Unchained Daily newsletter.
Subscribe here to get these updates in your email for free
Bolivia has been squeezed by a prolonged shortage of US dollars and USDT has already become a de facto dollar substitute for businesses and consumers, a pattern seen across Latin America’s dollar-starved economies, which is why the government wants it inside a regulated perimeter rather than running around the banking system.
Adoption has surged since the central bank lifted its crypto ban in June 2024, with transaction volume climbing more than 630% and reaching about $430 million in the following year. State-owned Banco Unión added USDT purchases to its Yasta wallet in April, and other lenders have rolled out stablecoin services.
Bolivia has sat on the Financial Action Task Force’s grey list since 2025, subjecting it to heightened monitoring, so any rollout would require stronger anti-money-laundering controls, Espinoza said.
Related Listen: The Chopping Block: Visa, Mastercard & 140 Firms Take On Circle, Saylor’s Digital Credit Reset & the DAO Reckoning
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Key HighlightsThree Trading Pairs Go Live on Upbit PlatformPlatform Broadens Distribution Following Brand TransformationKorean Exchange Integration Strengthens Regional PresenceGet 3 Free Stock Ebooks South Korean platform Upbit introduces DRV trading using KRW, BTC, and USDT pairs.
Korean crypto investors gain enhanced access to Derive through Upbit’s new offering.
DRV receives increased retail market exposure via Upbit’s platform addition.
Derive secures prominent South Korean exchange presence through both Upbit and Bithumb platforms.
Platform listing enhances DRV trading depth with combined fiat and digital asset markets.
South Korean cryptocurrency exchange Upbit has announced the commencement of Derive (DRV) token trading on July 14, offering Korean won, Bitcoin, and Tether trading pairs. This strategic listing broadens Upbit’s cryptocurrency portfolio while simultaneously providing DRV with enhanced exposure to one of Asia’s most vibrant digital asset markets. The development continues Upbit’s pattern of expanding token availability following multiple recent exchange additions.
Three Trading Pairs Go Live on Upbit Platform Trading for DRV will commence at 17:00 Korea Standard Time on July 14, with Upbit supporting three distinct trading pairs immediately upon launch. The platform will facilitate trading through Korean won, Bitcoin, and Tether markets right from the opening session. Furthermore, token deposits and withdrawals will function exclusively via the Ethereum blockchain network.
The Korean won trading pair enables local investors to participate directly using fiat currency without requiring preliminary cryptocurrency conversions. Meanwhile, the Bitcoin and Tether options create alternative pathways for traders already holding digital assets. Upbit delivers comprehensive market participation through this trio of trading configurations.
The exchange has implemented temporary protective trading mechanisms for the initial listing period. Following launch, Upbit will restrict specific purchase orders, minimum-priced sale orders, and particular order categories. These protective measures serve to minimize excessive price volatility throughout the early trading stages.
Platform Broadens Distribution Following Brand Transformation The project formerly known as Lyra Finance underwent rebranding to Derive throughout 2024. Concurrently, a token conversion process transformed qualifying LYRA tokens into DRV at an equal exchange rate. Following this transition, the protocol advanced into an expanded operational phase emphasizing derivatives trading capabilities.
January 2025 marked the official launch of DRV as the governance and operational token powering the Derive platform. The ecosystem facilitates blockchain-based options contracts, perpetual futures instruments, and complex trading structures through a non-custodial architecture. Derive maintains its proprietary Ethereum Layer 2 infrastructure constructed using the OP Stack framework.
The system merges blockchain settlement capabilities with off-chain order management to enhance transaction velocity while preserving user custody. Token holders utilize DRV for governance voting, staking mechanisms, liquidity provision rewards, and protocol revenue sharing. The ecosystem has established collaborative relationships with numerous prominent projects including Ethena, EtherFi, Swell, Kraken, OKX, Optimism, and LayerZero.
Korean Exchange Integration Strengthens Regional Presence This Upbit integration arrives after DRV’s initial appearance on Coinbase during May 2026, representing its first significant centralized platform listing. Bithumb simultaneously activated DRV trading against the Korean won on that identical date. These platform additions amplify the token’s prominence throughout South Korea’s premier cryptocurrency exchanges.
Current protocol valuation stands at approximately $116 million in market capitalization. Previously, Derive authorized a strategic issuance of 500 million supplementary DRV tokens, elevating aggregate supply to 1.5 billion units. This allocation funds institutional collaborations, market liquidity operations, ecosystem growth initiatives, and ongoing technical advancement.
The Upbit integration positions DRV before one of Asia’s most substantial retail cryptocurrency ecosystems through combined fiat and digital asset trading capabilities. Upbit maintains its expansion trajectory following numerous token additions throughout 2026. This recent incorporation reinforces Upbit’s market standing while simultaneously delivering DRV enhanced trading depth and expanded accessibility within the South Korean market.
Oliver Dale
Editor-in-Chief of Blockonomi and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact [email protected]
Tether Leads $7 Million Series A in Pact Labs to Expand USA₮ Across Payroll and Payments
14 July 2026 – Tether, the largest company in the digital asset ecosystem, today announced that it has led a $7 million Series A financing round in Pact Labs, with participation from Blockchange Ventures and Lasagna. The investment will support Pact Labs’ development as a core infrastructure provider for USA₮ across payroll, earned wage access, credit, and everyday payments.
Through the investment, Tether aims to expand the utility of USA₮ by integrating the digital dollar designed to be compliant with U.S. regulations directly into the financial systems used by American workers and businesses. Pact Labs’ infrastructure enables enterprise platforms to embed digital wallets, move wages in real time, and offer financial services without relying on the delays and operating limitations of legacy payment rails.
The U.S. payroll system moves over $11 trillion annually, yet much of its underlying infrastructure was designed decades ago. Workers can wait days or weeks to access wages they have already earned, while delays between payroll cycles can contribute to overdraft fees, short-term borrowing, and other avoidable financial costs.
By supporting payroll and earned wage access through Pact Labs, USA₮ can give workers faster access to their earnings while enabling employers and financial platforms to operate around the clock. The collaboration is intended to make digital dollars useful within familiar, everyday financial experiences rather than requiring users to navigate separate or highly technical systems.
“This confirms what our transaction data has shown for years: the demand for dollar-denominated settlement is a wages story,” said Paolo Ardoino, CEO of Tether. “Workers in emerging markets have used USD₮ to bridge payroll gaps for years because their domestic systems failed them first. We are now building the same capability into the U.S. market, with USA₮, because even a functional system built on batch processing means unnecessary costs for the people who can least absorb them.”
“USA₮ serves real people, and nothing is more real than a paycheck,” said Bo Hines, CEO of Tether USA₮. “Pact Labs gives us the rails to make digital dollars designed to be compliant with U.S. regulations directly into the hands of millions of American workers, faster, cheaper, and without the intermediaries that slow them down.”
The investment advances Tether’s strategy of supporting infrastructure that brings digital dollars into practical, high-frequency use cases. Payroll represents one of the largest and most universal financial flows in the United States, creating an opportunity for stablecoin technology to improve how people receive, hold, and use their money.
About USA₮
USA₮ is a dollar-backed stablecoin issued by Anchorage Digital Bank, N.A., that Tether, the global leader in stablecoin technology, has collaborated to launch. Purpose-built to serve the U.S. market and support American regulatory standards, USA₮ will be the foundational rail for the next generation of American commerce, trade, and finance.
USA₮ underscores Tether’s commitment to driving U.S. dominance and leadership in the evolving digital asset economy. USA₮ will set a new benchmark in the U.S. for utility-driven stablecoins designed to deliver long-term value, strong governance, and real-world applications. https://usat.io/
He Yi: Binance has helped users recover more than $8 billion in mistakenly transferred cryptocurrency.
Binance co-founder He Yi stated in a social media post that since 2021, Binance has helped users recover over $8 billion in mistakenly sent cryptocurrency transfers.
14 minutes ago
JPMorgan: Stablecoin operations of Circle and Coinbase face margin pressure, leading the bank to lower their earnings forecasts.
According to Bloomberg, JPMorgan Chase & Co. has stated that the stablecoin operations of Circle Internet Group and Coinbase Global are facing growing profit pressure, noting that a new partnership with crypto trading platform Hyperliquid highlights the "prisoner's dilemma" the two leading firms are in. On Tuesday, the bank lowered its profit forecasts for the two crypto companies, explaining that the new collaboration has altered the revenue distribution structure—specifically, how proceeds from USDC, the world’s second-largest stablecoin issued by Circle, will be allocated across its distribution partners.
14 minutes ago
Walsh: Did not imply the Federal Reserve will not expand its balance sheet during crisis periods.
Fed Chair Walsh stated that June CPI exhibits a positive correlation with inflation expectations, and did not imply that the Federal Reserve would refrain from expanding its balance sheet during crisis periods.
14 minutes ago
Noxa's official X account appears to have been hacked; users are advised to stay vigilant against risks.
According to monitoring by Onchain Lens, the official X account of Meme token launch platform Noxa has been reportedly hacked. Community users who interacted with links posted from the account have had their wallets emptied. Users are warned not to connect their wallets, sign any transactions, or engage with any links shared by this account.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Tether just wrote a $7 million check to make its US-focused stablecoin harder to ignore. The company led a Series A funding round in Pact Labs, a firm that connects fintech services with blockchain-based liquidity for things like payroll, payments, and asset-based lending.
The investment is squarely aimed at scaling USA₮, Tether’s federally regulated dollar-backed stablecoin designed specifically for the American market.
What Pact Labs actually does Pact Labs sits at the intersection of traditional fintech and on-chain finance. The company claims to have facilitated nearly $2 billion in loan volumes through smart contracts on the blockchain, with over $1 billion in loan originations.
Advertisement
Pact Labs reportedly serves a network of more than 500,000 users across seven fintech partners, acting as the behind-the-scenes infrastructure that lets fintech apps tap into blockchain liquidity without requiring their end users to understand what a blockchain even is.
The company operates across blockchain networks including Aptos and Celo. Pact Labs’ model appears to abstract away the crypto layer entirely, embedding stablecoin rails into existing fintech products.
Tether’s US strategy is getting expensive This $7 million Series A isn’t happening in a vacuum. It follows Tether’s much larger $100 million strategic stake in Anchorage Digital Bank, announced in February 2026. Anchorage is the entity that actually issues USA₮, making it a federally regulated stablecoin.
The pattern is clear. Tether is building a vertically integrated stack for its US operations: Anchorage handles issuance and regulatory compliance, Pact Labs handles distribution and real-world utility, and USA₮ is the asset that ties it all together.
What this means for investors The risk side of the equation deserves attention. Tether is making concentrated bets on a regulatory framework that hasn’t fully materialized yet. With $107 million already deployed between Anchorage and Pact Labs, the stakes are rising.
Competitors aren’t standing still either. Circle has spent years building USDC’s regulatory credentials and institutional partnerships. PayPal has its own stablecoin, PYUSD.
Traders watching the stablecoin segment should pay attention to whether Pact Labs’ fintech partnerships translate into measurable USA₮ adoption. The company’s claimed $2 billion in on-chain loan facilitation suggests real traction, but the transition from existing stablecoin activity to USA₮-specific volumes will be the metric that determines whether Tether’s investment thesis holds up.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
When it comes to playing crypto casino games, the coin is only the payment layer. Bitcoin, Litecoin, Ethereum, or Tether may change how money enters and leaves an account, but the round still belongs to the game format. A slot asks the eye to follow reels, symbols, and feature triggers. Blackjack asks for hand decisions. Roulette turns attention toward a spin. Live dealer games add table timing and human pace. That is the cleaner way to read crypto casino games before comparing platforms. The same coin can sit behind a calm table game, a quick slot, or a live round with a completely different sense of pace and attention from the player.
A useful lens comes from attention research, where game features such as aesthetics, storyline, feedback, and rewards can change how people stay engaged with a task. The findings in this Frontiers in Psychology study on game features and attention are not about casino play, but they help explain why mechanics and presentation matter. Two games can accept the same coin and still ask for very different kinds of focus.
Crypto Changes Payment, Format Changes Play
The easiest mistake in crypto casino coverage is treating the coin as if it explains the game. It explains the payment context, not the play experience. Once a reader separates those two layers, the useful question changes. Instead of asking only which coins are supported, they can ask what kind of format they are entering, how quickly rounds move, what the player is expected to watch, and whether the game is built around symbols, cards, numbers, or a live table.
That format-first reading is where Bovada Casino online becomes a practical reference point. The casino page brings several common online casino formats into one setting, including online slots, Hot Drop Jackpots, table games, blackjack games, roulette games, live dealer play, and more. It also describes crypto deposits through Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Bitcoin Lightning, and Tether, which keeps the payment layer visible without letting it dominate the whole conversation.
For a reader trying to understand crypto casino games, the useful detail is the separation between access and format. Slots are built around reels, symbols, payout lines, bonus triggers, and short feedback loops. Blackjack brings the focus back to hand value, dealer position, and table pace. Roulette creates a different rhythm through the wheel, number layout, and spin cycle. Live dealer games add hosted timing, so the session feels closer to a table environment than a purely digital round. Crypto may shape how the account is funded, but the format still shapes what the player actually does once the game begins.
A narrower example appears in this crypto games piece. Read as a slot-format walkthrough, it shows how individual games signal their rhythm before a player even starts engaging. Cai Fu Dai Panda is described through a 5-reel, 4-row setup, 50 payout lines, and feature games that can expand the reel area. Yin Yang Twins uses Sticky Wilds, Scatters, and retrigger chances. Phở Sho leans on food symbols, Hold & Win mechanics, and Food Scatter triggers. Da Hong Bao points to Wilds, Lucky Spins, Fortune Spins, and Dragon Spins. Nine Tailed Fortune centers on Free Spins, Feature Spins, and Wilds. Those details turn the theme into something more readable. A slot’s artwork gives the first impression, but its feature language tells the reader how the game is likely to move.
Read The Format Before the Coin A coin-first view can flatten the whole category. If three games accept Bitcoin, that says something about payment compatibility. It says very little about pace. A crypto slot and a crypto blackjack game do not become similar because they share a deposit method.
Slots usually have the shortest cycle. The player reads the screen quickly, then looks for symbols, reels, lines, sounds, and feature cues. Some slots are simple, with a familiar spin-and-resolve pattern. Others are built around bonus rounds, expanded rows, multipliers, hold-style features, or retrigger mechanics. This is where the difference between theme and format matters. A food-themed slot, a fox-themed slot, and a Chinese-inspired slot may all look different, but their mechanics decide how the play actually moves.
Table games slow the read down. Blackjack has a visible hand state. The player follows totals, dealer position, and available actions. Roulette has a different kind of suspense, with the layout and wheel carrying the rhythm. Specialty games may be simpler still, often built around one repeated mechanic.
Live dealer games sit in their own lane. The rules may resemble familiar table games, but the timing comes from a hosted environment. The pause before a card, the pace of a spin, and the dealer-led rhythm make the experience feel less like clicking through a digital round and more like joining a table already underway.
Beginner Questions That Actually Help A beginner does not need to memorize every feature name before playing. A better habit is to ask what the format expects. Is the game fast or slow? Does it ask for decisions, or mainly for attention to symbols? Are the main moments tied to cards, reels, numbers, or a live table? Does the theme change the feel, or does it only decorate a familiar mechanic?
These questions keep crypto in the right place. Payment choice can affect convenience, privacy preferences, and withdrawal flow, but it does not explain the game by itself. A crypto slot is still judged by its reels, bonus features, volatility feel, and pace. A crypto blackjack game still depends on the structure of the hand. A live dealer game still depends on table rhythm.
The cleanest order is format first, features second, payment third. Start with the kind of attention the game asks for. Then read the feature language. Then look at the supported coins, wallet steps, and payment details.
USDT issuer Tether is accelerating its push into the US financial system by backing payroll infrastructure provider Pact Labs. For context, the stablecoin giant has led a $7 million Series A funding round to support wider adoption of USAT, its US-focused dollar-backed stablecoin.
Meanwhile, the move targets one of the country’s largest financial markets, where payroll payments exceed $11 trillion annually. Besides, it reflects Tether’s focus on making stablecoins part of everyday financial activity rather than limiting them to crypto trading.
Tether Bets on Payroll Infrastructure to Drive USAT Adoption According to the latest press release, Tether has led a $7 million Series A investment in Pact Labs, alongside Blockchange Ventures and Lasagna. The funding is focused on strengthening Pact Labs’ role as a core infrastructure provider for USAT in the US payroll and payments system.
Meanwhile, the partnership focuses on integrating USAT into enterprise payroll platforms used by American businesses. Instead of relying on traditional payment systems, companies could use blockchain-powered infrastructure to move wages in real time.
Pact Labs will also enable businesses to embed digital wallets and expand access to financial services through modern payment rails. Tether executives believe payroll represents one of the strongest real-world use cases for stablecoins.
CEO Paolo Ardoino said the company’s transaction data has consistently shown demand for dollar-based settlement in wage payments. Meanwhile, the US payroll system processes more than $11 trillion every year. However, much of its infrastructure still depends on legacy payment networks and batch processing.
As a result, employees often wait several days to receive earned wages. These delays can contribute to overdraft charges, short-term borrowing, and unnecessary financial pressure.
Tether believes blockchain infrastructure can reduce these inefficiencies. By using USA₮, employers could process payroll around the clock instead of following traditional banking schedules.
Global Expansion Plan & CLARITY Act in Focus The payroll expansion also comes as Tether gains momentum internationally. According to reports, Bolivia is considering integrating Tether’s USDT into its national payment system alongside the US dollar and the boliviano.
Meanwhile, these latest developments also mark major wins for the stablecoin issuer, especially after USDT exited the EU markets after the MiCA deadline.
However, while Tether adjusts its global strategy following the European regulations, users in the region can look to best MiCA regulated crypto exchanges to ensure compliant digital asset access.”
Meanwhile, stablecoin issuers like Tether were also in focus as the CLARITY Act entered a crucial week. However, the latest warning from the Banking Groups on the crypto bill regarding stablecoin loopholes has fueled concerns, as evidenced by the latest dip in Circle (CRCL) stock price.
Despite that, market participants may view Tether’s payroll integration as a significant long-term growth opportunity for the stablecoin issuer. At the same time, expansion into regulated financial infrastructure could also improve confidence among institutional users.
The stablecoin issuer's latest strategic bet targets payroll, wage access and everyday payments rails for its US-focused USA₮ token.
Tether said Tuesday it led a $7 million Series A funding round in Pact Labs, a financial infrastructure startup, to expand use of its USA₮ stablecoin across payroll and payments.
The stablecoin issuer announced the investment on its official X account at 1:09 p.m. UTC, saying the funding would help "Expand USA₮ Across Payroll and Payments." Tether did not disclose the round's other participants or Pact Labs' valuation in the post.
A Small Bet in a Growing PatternThe $7 million round is modest next to Tether's recent stablecoin-infrastructure deals. The company invested $200 million in Whop to expand stablecoin payments and backed a $16 million strategic round for Transak alongside IDG Capital earlier this year.
The Pact Labs deal is Tether's latest push to route USA₮, the US-regulated stablecoin it launched to serve domestic markets under American regulatory requirements, into real-world payment flows rather than crypto trading alone. Payroll and wage-access services would give the token a recurring, non-speculative use case tied to employers and workers rather than exchanges.
Tether has increasingly used strategic investments, rather than direct product builds, to widen USA₮ and USDT distribution, following similar bets on payment processors and venture funds over the past year. Whether Pact Labs' payroll and wage-access infrastructure sees meaningful adoption will determine if the small check translates into real transaction volume for the stablecoin.
Tether just wrote a $7 million check to Pact Labs, the company building on-chain financial plumbing on the Aptos blockchain. It’s a Series A round, and it tells you exactly where the world’s largest stablecoin issuer thinks the next wave of crypto adoption is headed: not trading floors, but payroll systems, lending desks, and payment rails.
The investment, announced on July 14, is designed to accelerate the integration of Tether’s USA₮ stablecoin into Pact’s growing suite of credit and fintech products.
What Pact Labs actually does Pact Labs operates the PACT Protocol, a permissioned lending and securitization platform focused on asset-based finance. The protocol launched on Aptos on February 20, 2025, and hit the ground sprinting. It onboarded over $1 billion in assets from day one.
Advertisement
Since then, the numbers have kept climbing. Pact Labs has facilitated nearly $2 billion in on-chain loans. It serves roughly 500,000 users through partnerships with seven different companies.
Joshua March, who serves as President of Pact Labs, has pointed to Aptos’s architecture as a key reason the company chose to build there. The blockchain’s high throughput and low transaction costs make it particularly suited for the kind of high-volume, low-margin financial transactions that define lending and payroll.
Pact didn’t start on Aptos, though. The company previously built on Celo before migrating its infrastructure.
Why Tether is making this bet The USA₮ stablecoin, which is the specific asset being integrated into Pact’s ecosystem, represents Tether’s push into regulated stablecoin territory. By embedding USA₮ into payroll, payments, and lending products, Tether creates organic demand for the token that doesn’t depend on crypto market cycles.
What this means for investors Pact Labs has stated its ambition to scale lending capabilities to $10 billion in loans, targeting the private credit market. That’s a five-fold increase from current volumes, and it positions the company squarely in one of the hottest sectors in both traditional and decentralized finance.
The Tether backing adds a layer of credibility that shouldn’t be underestimated. Its stablecoins facilitate trillions in annual trading volume. Having Tether as a strategic investor signals to other potential partners and investors that Pact’s infrastructure has been vetted by one of the industry’s most consequential players.
For the broader Aptos ecosystem, this investment represents validation of the chain’s positioning as infrastructure for financial applications. The combination of Tether’s stablecoin integration and Pact’s lending volume gives Aptos a concrete narrative around real-world financial utility.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
He Yi: Binance has helped users recover more than $8 billion in mistakenly transferred cryptocurrency.
Binance co-founder He Yi stated in a social media post that since 2021, Binance has helped users recover over $8 billion in mistakenly sent cryptocurrency transfers.
4 minutes ago
JPMorgan: Stablecoin operations of Circle and Coinbase face margin pressure, leading the bank to lower their earnings forecasts.
According to Bloomberg, JPMorgan Chase & Co. has stated that the stablecoin operations of Circle Internet Group and Coinbase Global are facing growing profit pressure, noting that a new partnership with crypto trading platform Hyperliquid highlights the "prisoner's dilemma" the two leading firms are in. On Tuesday, the bank lowered its profit forecasts for the two crypto companies, explaining that the new collaboration has altered the revenue distribution structure—specifically, how proceeds from USDC, the world’s second-largest stablecoin issued by Circle, will be allocated across its distribution partners.
4 minutes ago
Walsh: Did not imply the Federal Reserve will not expand its balance sheet during crisis periods.
Fed Chair Walsh stated that June CPI exhibits a positive correlation with inflation expectations, and did not imply that the Federal Reserve would refrain from expanding its balance sheet during crisis periods.
4 minutes ago
Noxa's official X account appears to have been hacked; users are advised to stay vigilant against risks.
According to monitoring by Onchain Lens, the official X account of Meme token launch platform Noxa has been reportedly hacked. Community users who interacted with links posted from the account have had their wallets emptied. Users are warned not to connect their wallets, sign any transactions, or engage with any links shared by this account.
He Yi: Binance has helped users recover more than $8 billion in mistakenly transferred cryptocurrency.
Binance co-founder He Yi stated in a social media post that since 2021, Binance has helped users recover over $8 billion in mistakenly sent cryptocurrency transfers.
4 minutes ago
JPMorgan: Stablecoin operations of Circle and Coinbase face margin pressure, leading the bank to lower their earnings forecasts.
According to Bloomberg, JPMorgan Chase & Co. has stated that the stablecoin operations of Circle Internet Group and Coinbase Global are facing growing profit pressure, noting that a new partnership with crypto trading platform Hyperliquid highlights the "prisoner's dilemma" the two leading firms are in. On Tuesday, the bank lowered its profit forecasts for the two crypto companies, explaining that the new collaboration has altered the revenue distribution structure—specifically, how proceeds from USDC, the world’s second-largest stablecoin issued by Circle, will be allocated across its distribution partners.
4 minutes ago
Walsh: Did not imply the Federal Reserve will not expand its balance sheet during crisis periods.
Fed Chair Walsh stated that June CPI exhibits a positive correlation with inflation expectations, and did not imply that the Federal Reserve would refrain from expanding its balance sheet during crisis periods.
4 minutes ago
Noxa's official X account appears to have been hacked; users are advised to stay vigilant against risks.
According to monitoring by Onchain Lens, the official X account of Meme token launch platform Noxa has been reportedly hacked. Community users who interacted with links posted from the account have had their wallets emptied. Users are warned not to connect their wallets, sign any transactions, or engage with any links shared by this account.
This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. Fellow Binancians, Binance is thrilled to launch a Binance Traders League Season 3 – Towns (TOWNS) Trading Challenge where eligible users will have a chance to share a total prize pool of 400 BNB in token vouchers! Promotion Period: 2026-07-14 10:00 (UTC) to 2026-07-20 23:59 (UTC) Join Now Eligibility: All verified new, regular users and all Binance VIP users can participate.Liquidity providers in the Binance Spot Liquidity Provider Program and Binance Brokers are not eligible to participate. Eligible Altcoin Trading Pair(s) Trading pair(s): TOWNS/USDT, TOWNS/USDC How to Participate: Click the [Join Now] button on the landing page to register.Total Trading Volume reaches at least 500 USD equivalent in any of the aforementioned eligible pair(s) on Binance Spot during the Promotion Period. Users who do not meet this threshold will not qualify for any reward under this Trading Volume Tournament. Reward Structure: Rankings Based on the Cumulative Trading VolumeReward per Eligible Participant (in BNB Token Vouchers)1st Place24 BNB2nd Place20 BNB3rd Place16 BNB4th Place12 BNB5th Place8 BNB6th - 20th PlacesAn equal split of 60 BNB21st - 50th PlacesAn equal split of 40 BNB51st - 200th PlacesAn equal split of 68 BNB201st - 1,000th PlacesAn equal split of 72 BNBAll Remaining Eligible ParticipantsAn equal split of 80 BNB, capped at 0.01 BNB per user Promotion Rules: Trading volume of any zero-fee trading pairs is excluded from the final trading volume calculation.Transaction or gas fees will be excluded from the final trading volume calculation for the tournament.All eligible buy and sell orders will be counted towards the cumulative total trading volume.Token vouchers will be distributed to winners by 2026-08-03, and will expire within 21 days after distribution. Users will be able to login and redeem their token voucher rewards via Profile > Rewards Hub.The Spot Trading Volume leaderboard is updated hourly. The leaderboard will be displayed on the Spot landing page. Only users who have met the minimum qualifying trading volume threshold will be displayed on the leaderboard along with their trading volume. Don’t miss out on this opportunity and share in the rewards now! To view more promotions for new listings on Binance, stay tuned to this page for the latest updates and exclusive opportunities. Guides & Related Materials: How to Spot Trade (App / Web) Terms & Conditions: These terms and conditions (“Activity Terms”) govern users’ participation in the activity above (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Notice; all of which are incorporated by reference into these terms and conditions. In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Notice.Only verified users who complete the aforementioned criteria for the tournament by the end of the Promotion Period may receive rewards.This Trading Volume Tournament is available to verified new, regular and VIP users enabled for Binance Spot Trading, subject to product (and where relevant, deposit methods’) availability in users’ regions, and may be restricted in certain jurisdictions or regions, or to certain users, due to legal and regulatory requirements.Reward Distribution:All token voucher rewards will be distributed to eligible, winning users by 2026-08-03.Users will be able to login and redeem their token voucher rewards via Profile > Rewards Hub. All token voucher rewards will expire within 21 days after distribution. Winning users should claim their vouchers before the expiration date, and no replacement reward will be provided. Learn how to redeem a Binance voucher.Please note that the actual value of rewards received by a user is subject to change due to market fluctuation.Token voucher rewards are subject to additional terms and conditions.Rewards are not negotiable nor transferable.Once the available rewards have been allocated to users, no further rewards will be provided notwithstanding that an eligible user may have completed the missions.A user’s trading volume in this Trading Volume Tournament will be calculated after the user has opted-in and will be based on the trading volume (i) in their master and sub-accounts, and (ii) on all Spot products, including Spot Trading, Spot Copy Trading and Trading Bots. API trades are allowed. Binance’s calculation of a user’s trading volume is final.Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations/logins, self dealing, or market manipulation). Binance further reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software. Rewards that have already been disqualified will not be returned to the prize pool.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending these activities, the eligibility terms and criteria, the selection and number of reward recipients, and the timing of any act to be done, and all participants shall be bound by these amendments.The commencement and operation of the campaign (including the commencement of the Promotion Period) are subject to the successful listing of the relevant token on Binance Spot. If the listing is postponed or cancelled for any reason, the campaign (including the Promotion Period and reward distribution) may be delayed, amended or withdrawn at Binance’s discretion. Binance will not be liable for any loss or inconvenience caused by such changes.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. Thank you for your support! Binance Team 2026-07-14 Disclaimer: USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and [email protected]. Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.
Solana-based applications generated more than $17 million in revenue last week, outperforming all other blockchain networks by this metric. According to the latest market data, Solana has led blockchain app revenue for the ninth consecutive quarter, highlighting its persistent strength among major public chains.
Solana maintains app revenue dominanceDuring the recent weekly reporting period, applications running on Solana accumulated over $17 million in protocol fees. These fees represent income collected from users interacting with apps built on the Solana network, providing a key indicator of real user activity and demand.
Pump, a leading decentralized application on Solana, generated the most revenue among its peers, with Collector Crypt ranking second. This strong activity suggests that Solana continues to host high-traction, user-facing protocols. Market analysts have noted that these rankings are a sign of consistent engagement from Solana’s community.
Solana-based apps recorded over $17 million in weekly revenue, maintaining the chain’s lead over other blockchains for the ninth straight quarter, as reports showed Pump and Collector Crypt driving the activity.
Solana’s sustained leadership in app revenue for nine quarters highlights the chain’s ongoing ability to attract active projects and users. However, observers caution that high protocol fee revenue does not always translate into immediate price appreciation for SOL, the network’s native asset.
Solana leads DEX trading volumeResearch firm MSB Intel reported that Solana ranked first among all blockchains in 24-hour decentralized exchange (DEX) trading volume, recording $4.15 billion. BNB Chain and Robinhood Chain took second and third place, respectively, in this period.
Volume figures on decentralized exchanges offer a window into the liquidity and transaction demand across blockchain ecosystems. Higher DEX volume generally signals robust user activity, often driven by trading in meme coins, stablecoins, and new tokens.
Solana achieved the highest daily DEX volume at $4.15 billion, with MSB Intel noting that the chain has now led in daily volume, protocol fees, and real-world asset (RWA) adoption for three consecutive weeks.
The repeated dominance across trading volume, fees, and RWA integration demonstrates Solana’s broad appeal across different sectors of blockchain activity.
Mini dictionary: Real-world assets (RWA) are tangible or financial assets, such as real estate, commodities, or bonds, represented digitally on a blockchain, allowing for tokenization and on-chain transactions.
Blockchain24h DEX VolumeSolana$4.15 billionBNB ChainLower, not specifiedRobinhood ChainLower, not specifiedSOL price recovers, key resistance levels in focusSOL, the native token of the Solana network, traded near $76.77 on the daily Coinbase chart, reflecting a recovery from earlier lows. The token posted a 2.48% gain during the reporting period but remained below major resistance levels.
Traders identified the next resistance zone at $80 to $85, with the $89 to $90 range considered a critical barrier to further advances. A daily closing price above $90 could strengthen the short-term technical outlook for SOL. The next major upside target appears near $118.10, while downside support is seen at $72, followed by $65 and $60.
Participants in the market continue to monitor protocol revenue, DEX trading activity, and key price levels for confirmation of a broader recovery in SOL.
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.
BNB marked its ninth anniversary since launching on July 14, 2017, evolving from an Ethereum-based utility token into a key asset driving one of the crypto industry’s largest blockchain networks.
Progression from utility token to core network assetWhen BNB debuted in 2017, it entered the market as an ERC-20 token on Ethereum, priced at $0.15 with a total supply of 200 million. It initially functioned primarily to reduce trading fees and facilitate activities on the then-emerging Binance exchange, now one of the world’s largest digital asset platforms.
In 2019, BNB transitioned to its own proprietary blockchain, becoming a native asset. This migration allowed BNB to serve as the backbone for its own network infrastructure and opened the door for new on-chain use cases beyond its original exchange utility.
BNB Chain acknowledged that BNB entered the industry as a utility token for a new exchange, and has since become central to one of the most active decentralized ecosystems in crypto after nine years of development.
With the launch of Binance Smart Chain in 2020, the network gained compatibility with Ethereum-based smart contracts, allowing developers to build decentralized applications while using BNB for transaction fees and network operations. This move positioned the chain as an emerging hub for decentralized finance (DeFi) and gaming projects.
DeFi expansion and technology upgradesBNB Chain gained significant traction during the 2021 DeFi boom, with its on-chain activity pushing BNB’s price to $690 at its peak. The surge in applications and trading volume established the network as one of the more active blockchains alongside giants like Ethereum.
A major rebranding came in 2022 when Binance Smart Chain became BNB Chain, with BNB reimagined as “Build N Build.” This shift emphasized the chain’s focus on supporting developers and network expansion.
In 2023, the ecosystem incorporated the opBNB scaling solution, designed to increase transaction throughput, and BNB Greenfield, which delivered decentralized storage capabilities. These upgrades reflected the network’s strategy to expand beyond simple financial transactions.
Mini dictionary: opBNB, a Layer 2 scaling solution for BNB Chain, is designed to handle more transactions per second and lower network fees by processing transactions off-chain before settling them on the main BNB blockchain.
Token burns, block speed, and 2026 roadmapEfforts to streamline BNB Chain continued with the 2024 Beacon Chain fusion, which unified staking and governance functions under one chain for improved user and developer experience.
By 2025, BNB Chain had reduced block times to 0.75 seconds through upgrades named Pascal, Lorentz, and Maxwell. That year also saw BNB reach a new all-time high of $1,370, and the network logged a new record for decentralized exchange (DEX) trading volumes.
YearBlock TimeBNB Price HighTotal BNB Burned20240.75 secondsNot specifiedNot specified20250.75 seconds$1,370Not specified20260.45 secondsNot specified65 millionCumulatively, more than 65 million BNB tokens have been burned out of the original 200 million. The burn mechanism aims to reduce the total supply to 100 million, a process intended to increase scarcity and potentially add value to the remaining tokens.
Currently, BNB Chain processes blocks in 450 milliseconds and achieves a final settlement time of 650 milliseconds—double the efficiency compared to early 2026 figures. The 2026 second-half roadmap outlines plans to double mainnet throughput and introduce a Layer 1 solution capable of processing more than 100,000 transactions per second (TPS).
The updated roadmap sets out to improve speed and throughput, targeting a Layer 1 network with over 100,000 TPS and even faster finality for transaction settlement.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
CASHCAT has become one of the biggest memecoin stories of July 2026. After launching on Robinhood Chain shortly after the network went live, the token produced life-changing returns for some early buyers while helping push the chain into the spotlight. As traders search for the next project before public listings, attention is gradually shifting toward presales.
Among them, MemeToro ($MT) is gaining interest by combining AI-powered token creation, prediction markets, and SocialFi on BNB Chain rather than relying on a single viral meme.
CASHCAT Shows How Fast Memecoin Narratives Can Grow The success of CASHCAT highlights how quickly attention can concentrate around a new blockchain.
Within days of Robinhood Chain launching, CASHCAT became its flagship memecoin. Early investors recorded extraordinary returns. One trader reportedly turned an $86 purchase into approximately $1.6 million, while another transformed $316 into more than $2 million after buying during the token’s earliest stages.
The token also attracted broader market attention.
CASHCAT surged more than 1,200% in less than a day before pulling back as traders locked in profits. Listings on exchanges including MEXC, Ourbit, and Fourtis expanded accessibility, while reports of large wallet purchases fueled speculation that experienced market participants were accumulating positions.
These stories reinforce an important lesson about memecoins.
Strong narratives can drive rapid price appreciation, but they also introduce extreme volatility. For many investors, identifying projects before they reach exchanges remains a preferred strategy over chasing assets after significant rallies.
Understanding MemeToro’s Upcoming Prediction Markets Imagine earning MemeToro ($MT) and USDC just for being right about the future. With MemeToro’s upcoming prediction markets, you can wager on crypto price movements, global macro events, sports outcomes, and emerging cultural narratives.
Everything is powered by audited smart contracts on the BNB Smart Chain, ensuring transparent, on-chain execution with ultra-low fees.
This is SocialFi meets real-world speculation, and the $MT token is the fuel behind every single prediction. The presale is your chance to secure your entry before the platform goes live.
MemeToro Builds Infrastructure Instead of One Memecoin Unlike projects centered around a single community token, MemeToro ($MT) is developing infrastructure for creating future memecoins on BNB Chain.
Its AI agent continuously monitors online discussions, news trends, and social activity to identify narratives that are beginning to gain traction. When users decide to launch a project, the platform assists by generating branding assets, token structures, and launch parameters before deployment under a fair-launch model.
Rather than treating AI as a trading bot, the platform applies automation to simplify token creation while reducing many of the manual steps traditionally required during deployment.
This combination gives the project utility beyond individual token launches.
MemeToro ($MT) is currently in Stage 4 of its public presale. The project has already raised more than $77,000, with the current token price set at $0.00171. Once the current allocation is completed, the next stage will increase the price to $0.00190
Buying $MT During the Stage 4 Presale. Purchasing $MT follows a straightforward process through the official presale portal.
Users first connect a compatible wallet configured for BNB Chain before choosing a supported payment method such as BNB, ETH, USDT, USDC, or a bank card. After confirming the transaction, purchased tokens are allocated through the presale smart contract.
Following the fundraising campaign, the $MT token is expected to support staking, prediction markets, AI-powered launch tools, and other ecosystem applications as additional platform products become available.
Early Narratives Continue to Shape Crypto Markets CASHCAT demonstrates how quickly a memecoin can become the defining asset of a new blockchain ecosystem. At the same time, its rapid rise also reminds investors how difficult it can be to enter after major price appreciation has already occurred. Projects like MemeToro ($MT) represent a different stage of the market by focusing on infrastructure before public trading begins.
Whether AI-powered launch platforms become the next major trend will depend on adoption, but they are already expanding the conversation beyond traditional memecoin speculation.
More Information on MemeToro ($MT) Presale Here:
Website: https://memetoro.com/
X: https://x.com/memetoro_mt
Telegram: https://t.me/memetoro_mt
Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!
Key Highlights Goldman Sachs reported Q2 earnings per share of $20.98, demolishing analyst consensus of $14.38 by $6.60 Total revenue reached $20.34 billion, climbing 39% year-over-year and exceeding the $16.12 billion forecast Equities division revenue exploded 72% to $7.42 billion; investment banking revenue climbed 55% to $3.40 billion Shares of GS advanced 1.2% in response to the earnings announcement The bank increased its quarterly dividend payment to $5.00 from $4.50 per share Goldman Sachs reported exceptional second-quarter performance, sending shares up 1.2% after announcing earnings of $20.98 per share — significantly surpassing analyst predictions by almost $7.
The Goldman Sachs Group, Inc., GS
Overall revenue reached $20.34 billion, representing a 39% increase from the $14.64 billion recorded in Q2 2025, substantially exceeding analyst projections of $16.12 billion.
Net income for the quarter totaled $6.63 billion, up significantly from $3.72 billion during the same period last year.
The Global Banking & Markets segment powered results, producing $15.52 billion in net revenues — a 53% year-over-year increase.
The equities business proved to be the standout performer. Revenue skyrocketed 72% to $7.42 billion, propelled by heightened market volatility stemming from Middle East tensions, which triggered substantial portfolio repositioning by institutional investors.
Fixed Income, Currency and Commodities revenue increased 32% to $4.59 billion, similarly benefiting from market uncertainty surrounding crude oil pricing and Federal Reserve policy trajectory.
SpaceX’s highly anticipated public offering late in the quarter further boosted trading activity. Goldman served as a primary underwriter for the transaction.
Investment Banking Delivers Across All Segments Investment banking revenue surged 55% to $3.40 billion, with strength evident in equity underwriting, debt capital markets, and advisory services.
Global mergers and acquisitions activity reached unprecedented levels during the first half of 2026, according to LSEG statistics, propelled by numerous mega-transactions exceeding $10 billion. Goldman provided advisory services on over $1 trillion in announced M&A activity — an unprecedented achievement for any investment bank.
Chief Executive David Solomon attributed the performance to client appetite for transformative deals: “Clients are turning to us to lead their most strategic and consequential transactions.”
The investment banking pipeline expanded compared to both Q1 2026 and year-end 2025 levels.
Corporate transaction activity maintained momentum despite geopolitical headwinds, partially fueled by organizations investing in artificial intelligence infrastructure.
Asset Management Performance and Expense Trends Asset & Wealth Management revenue increased 20% to $4.60 billion, supported by elevated management fees and positive private equity performance.
Platform Solutions revenue plummeted 64% to $221 million, primarily reflecting valuation adjustments on the Apple Card lending portfolio reclassified as held-for-sale during Q4 2025.
Total operating expenses rose 26% to $11.67 billion, primarily attributable to increased compensation tied to exceptional financial results.
The company’s annualized return on equity reached 23.5% for the quarter.
Goldman’s private credit vehicle disclosed that second-quarter redemption requests remained below the 5% threshold, information it had previously highlighted earlier this month.
The bank also announced a dividend increase to $5.00 per share from $4.50, scheduled for payment on September 29 to shareholders of record as of September 1.
Key Takeaways Citigroup’s second-quarter earnings climbed 45% to $5.83 billion ($3.15 per share), surpassing Wall Street’s $2.73 forecast Quarterly revenue reached $24.77 billion, marking the bank’s strongest performance in ten years and exceeding the $23.66 billion estimate Equity trading revenues soared 45%, with investment banking fees climbing 44% to reach $1.55 billion The bank played a key role in underwriting SpaceX’s $75 billion public offering and advising on the Unilever-McCormick $44.8 billion transaction C stock declined 1.23% during premarket hours Tuesday despite the impressive earnings report Citigroup delivered exceptional second-quarter results on Tuesday, reporting a 45% year-over-year surge in net income to $5.83 billion. The earnings translated to $3.15 per share, significantly outperforming analyst projections of $2.73.
The bank’s quarterly revenue reached $24.77 billion, representing its strongest performance in over a decade and comfortably beating the Street’s $23.66 billion expectation. However, shares of Citi traded down 1.23% in premarket activity despite the impressive financial performance.
Citigroup Inc., C
The exceptional results stemmed primarily from heightened trading volumes. Rising tensions between the U.S. and Iran sparked significant volatility in oil markets and other asset classes, compelling market participants to adjust their portfolios — a dynamic that benefited major bank trading operations.
Equity trading revenue skyrocketed 45% compared to the prior year. Fixed-income market revenues increased 7%, with commodities and related fixed-income products climbing 25%. Interest rate and foreign exchange trading showed a modest 1% gain.
Banking Division Shows Robust Growth The investment banking segment delivered impressive results, with revenues surging 44% to $1.55 billion. Overall banking revenues jumped 34% to $1.92 billion, although corporate lending revenues experienced a decline.
Citigroup served as a primary underwriter for SpaceX’s massive $75 billion initial public offering executed during the quarter. The firm also provided advisory services for the $44.8 billion merger involving Unilever and McCormick’s food operations — two of the year’s most significant corporate transactions.
These high-profile engagements contributed substantially to the investment banking division’s performance, an area the institution has prioritized in recent quarters.
Banking Sector Shows Widespread Strength Citigroup’s earnings announcement coincided with reports from JPMorgan, Goldman Sachs, Wells Fargo, and Bank of America — each institution reporting profit growth for the period.
The industry-wide momentum demonstrates how increased market turbulence has benefited Wall Street’s trading divisions throughout the year.
For Citigroup in particular, these results represent meaningful progress across both revenue and profitability metrics.
The $5.83 billion net income figure represents a substantial increase from approximately $4 billion during the comparable quarter last year. This 45% surge ranks among the bank’s most decisive earnings beats in recent periods.
Earnings per share of $3.15 exceeded consensus estimates by 42 cents. The $24.77 billion revenue total surpassed expectations by more than $1 billion.
Citi shares were trading around $138.40 in premarket sessions, down from the previous closing price near $140.71.
Chainlink reached a historic milestone after the number of non-empty Ethereum wallets holding LINK climbed to 900,000 for the first time.
The network also added more than 20,000 new holders over the past month despite persistent weakness across the broader altcoin market. The trend reflected growing long-term confidence rather than speculative buying.
Investors continued accumulating LINK while prices remained well below previous highs, indicating that conviction stayed intact during an uncertain period.
The expanding holder base also reinforced Chainlink’s position as a leading infrastructure protocol supporting decentralized finance, tokenized assets, and cross-chain communication.
Although adoption alone did not trigger an immediate rally, it strengthened the project’s long-term fundamentals.
Despite the record increase in wallet holders, derivatives traders maintained a cautious stance.
The 90-day Futures Taker Cumulative Volume Delta (CVD) remained seller-dominant, showing that aggressive market sell orders continued outweighing market buys.
That divergence highlighted the contrast between long-term accumulation and short-term trading behavior.
Long-term investors had continued increasing exposure while leveraged traders remained reluctant to chase higher prices.
Such positioning suggested many participants still expected additional consolidation before any sustained recovery emerged.
Even so, the persistent seller dominance failed to erase the steady growth in Chainlink’s holder count.
Instead, it showed that underlying adoption continued improving independently of futures sentiment.
Until buyers regain control of taker activity, leveraged markets would likely continue limiting LINK’s ability to produce a stronger breakout.
Source: CryptoQuant LINK stalls below resistance as buyers rebuilt strength At the time of analysis, Chainlink [LINK] traded around $7.96 after recovering from the $7.00 support established earlier this month.
Price remained below the key $8.18 resistance, leaving bulls with another barrier before any broader recovery could develop.
The Relative Strength Index (RSI) climbed to 52.51, while its moving average stood near 50.44.
Those readings showed buying strength had improved from the oversold conditions recorded in June.
Even so, the indicator remained close to the neutral zone instead of entering overbought territory.
This structure suggested buyers had regained control gradually rather than aggressively.
Price also continued printing higher lows following its rebound from support, indicating demand had strengthened during recent sessions.
If LINK clear $8.18, buyers could challenge the psychological $9.00 resistance.
Failure to reclaim that level could keep the asset trading within its current consolidation range.
Source: TradingView Where could LINK’s next volatility emerge? The Binance Liquidation Heatmap revealed several dense liquidity clusters positioned above the current price.
The strongest concentration appeared around the $8.00 to $8.30 region, with additional liquidity extending toward $8.31.
Those areas often attracted price because liquidations accumulated where leveraged positions became vulnerable.
Beneath the market, another notable liquidity pocket formed near $7.75, creating an important downside magnet if sellers regained control.
LINK traded between those opposing zones, leaving the market balanced before its next decisive move.
Traders would likely monitor both regions closely because price frequently gravitated toward larger liquidity pools.
A move above $8.00 could trigger short liquidations and accelerate buying activity. On the other hand, losing $7.75 could expose the token to another round of downside pressure.
Source: CoinGlass Ultimately, Chainlink’s record holder growth strengthened its long-term outlook, even though derivatives traders remained defensive.
If buyers reclaim $8.18 and absorb persistent selling pressure, the expanding adoption trend could begin supporting a stronger price recovery.
Final Summary Chainlink adoption kept growing despite cautious futures traders maintaining seller-dominant positioning across the market. LINK held above key support while buyers attempted to reclaim resistance near the $8.18 level.
The digital asset ecosystem continues to evolve despite a still hesitant altcoin market. In this context, Chainlink reports a significant increase in its adoption with an unprecedented number of Ethereum wallets holding LINK tokens. This dynamic contrasts with more cautious activity in the derivatives markets, where sellers maintain the advantage. While long-term investors continue their accumulations, market indicators draw a fragile balance between fundamental confidence and expectations of a more marked movement.
In brief Chainlink surpasses for the first time 900,000 non-empty Ethereum wallets holding LINK. The network gained more than 20,000 new holders in one month, despite a still fragile altcoin market. Long-term investors continue their accumulations, while derivatives traders remain mostly sellers. LINK trades around $8.16 and faces a significant technical resistance located at $8.18. Liquidity zones between $8.00 and $8.30, as well as the $7.75 support, could guide the market’s next move. hainlink Passes the Historic Milestone of 900,000 Holders Chainlink has just reached an unprecedented high by crossing the threshold of 900,000 non-empty Ethereum wallets holding LINK, a level never seen before. According to Sentiment Intelligence data, the network welcomed over 20,000 new holders during the last month. This increase comes however in an environment where the entire altcoin market remains under pressure.
This evolution highlights a steady accumulation rather than a resurgence of speculative buys. Investors continued to acquire tokens while prices remained well below previous peaks. This behavior reflects lasting confidence in the project despite a period of market uncertainty.
At the same time, the expansion of the user base strengthens Chainlink’s role in several major blockchain ecosystem sectors. The protocol maintains a central position for infrastructures related to decentralized finance, tokenized assets, and cross-chain exchanges. Even though this adoption has not triggered an immediate price increase, it consolidates the network’s fundamentals in the long term.
Investors Accumulate While Derivatives Markets Remain Cautious Despite this record adoption, leveraged markets show a very different read. Derivatives traders continue to take a cautious approach, which currently limits the impact of this growth on Chainlink’s price.
The CVD (Cumulative Volume Delta) of futures takers over 90 days remains dominated by sellers as shown by the CryptoQuant chart data below. Aggressive sell orders still exceed market buys. This configuration illustrates a marked gap between investors building long positions and operators focused on short-term moves.
The CVD (Cumulative Volume Delta) of Chainlink futures reveals persistent seller dominance in recent weeks. Despite the accumulation observed among LINK holders, leveraged traders remain cautious, currently limiting upward price potential. Source: CryptoQuant.
Holders continue their purchases while leveraged players seem to await further confirmations before increasing their exposure. This caution suggests that a consolidation phase remains possible before a potential market acceleration.
Meanwhile, selling pressure has not prevented the number of holders from continuing to increase. This development shows that Chainlink’s adoption follows a trajectory independent of the fluctuations seen in derivatives markets. As long as buyers do not regain control of order flows, the progression potential of LINK could, however, remain limited.
LINK Rebounds on Its Support but Remains Blocked Under Major Resistance At the time of writing, the LINK price oscillates around $8.16 after a rebound on a major technical support, reflecting gradual improvement in momentum. Despite this recovery, the price faces significant resistance that must be overcome to confirm a stronger rebound.
Here are the key technical levels explaining the token’s current evolution:
The $7.00 support allowed the price to stop its decline and begin a recovery. The resistance at $8.18 is the main obstacle to continuing the rise. Breaking this resistance could open the way to $9.00, an important psychological threshold. The Relative Strength Index (RSI) reaches 52.51, signaling a gradual return of buying pressure. The RSI moving average stands at 50.44, confirming a progressively improving momentum. Technical indicators thus show that buyers are gradually taking control. After the oversold conditions observed in June, the market finds better balance without entering an overbought situation.
Price structure also confirms this evolution. Since its rebound, LINK records higher lows, reflecting progressively stronger demand. Buyers are therefore taking the initiative, but without a sharp move.
Breaking the resistance would be an important technical signal to confirm the recovery. Conversely, a new failure below this level would prolong the consolidation phase observed for several sessions.
Liquidity Zones Could Guide the Next Market Move The Binance liquidation heatmap data below highlight several levels likely to influence the market’s next move. Several significant liquidity concentrations appear above the current price, notably between $8.00 and $8.30, extending up to $8.31.
The CoinGlass heatmap highlights significant liquidity zones around $8.00 and $7.75, which could guide LINK’s next move. Source: CoinGlass.
These levels often attract price movements as many leveraged positions become vulnerable in these areas. When liquidations trigger, they can accelerate volatility and amplify ongoing movements.
Below the market, another liquidity concentration lies around $7.75. This zone could play an important role if sellers regain the advantage. LINK currently trades between these two poles, reflecting a temporary balance between buying and selling forces.
Operators generally watch these levels closely, as prices tend to converge towards the zones with the most liquidity. A sustained break above $8.00 could trigger short-position liquidations and boost buying. Conversely, a break below $7.75 would open the way to a new bearish pressure phase for Chainlink.
The continuous rise in holders remains a fundamental positive for Chainlink, even if derivatives markets stay cautious. The coming days’ evolution will mainly depend on buyers’ ability to break the $8.18 resistance while absorbing selling pressure. If this balance shifts in favor of demand, the token’s adoption momentum observed in recent weeks might gradually be reflected in LINK’s price evolution.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Ghiles A.
Journaliste et rédacteur web passionné par l’univers des cryptomonnaies et des technologies Web3. J’y traite les dernières tendances et actualités afin de proposer un contenu de haute qualité à un large public du secteur.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Circle Internet Financial and Nomura Holdings have signed a memorandum of understanding to collaborate on digital finance applications in Japan, with a core focus on using USDC for cross-border and in-store payments. The MOU, signed on June 26, 2026, sets the stage for what could become one of the most significant integrations of stablecoin technology into a major economy’s traditional financial plumbing.
Japan’s foreign exchange market handled roughly $440 billion in daily trading volume in 2025.
What the partnership actually looks like Nomura will handle client onboarding, regulatory compliance, and integration with existing banking services. Circle brings its digital asset infrastructure, specifically USDC, which carried a market cap of $73.8 billion at the time of the announcement.
Advertisement
The tangible product here is a USDC-based corporate payment service scheduled for deployment in Japan as early as 2027. The system would enable yen-to-USDC conversion designed to serve corporate supply chain operations, essentially giving import and export businesses a faster, cheaper rail for moving money across borders.
Traditional cross-border settlements in Japan, like most places, take two to three days. The partnership aims to compress that timeline to minutes using blockchain settlement.
Circle’s Japan playbook has been years in the making Circle has been methodically building its presence in Japan since at least 2023, when it signed a partnership with SBI Holdings. That earlier deal focused on getting USDC authorized under Japanese regulations for distribution through SBI’s platform.
USDC launched on SBI VC Trade on March 26, 2025, making it the first approved foreign-issued stablecoin in Japan. The Nomura partnership represents the next phase: moving beyond exchange availability into actual payment infrastructure. SBI gave Circle the regulatory beachhead. Nomura gives Circle access to the corporate banking world, the clients who actually move billions in cross-border trade finance.
What this means for investors The immediate investment signal here is about USDC demand. If a USDC-based corporate payment system goes live in Japan’s massive trade economy by 2027, that creates structural buying pressure for the stablecoin. Companies converting yen to USDC for settlement purposes would need to hold or transact in USDC at scale, which directly supports Circle’s reserves and revenue model.
Tether has historically dominated stablecoin market share, but its presence in regulated markets like Japan has been limited precisely because of the compliance requirements that Circle has invested heavily in meeting.
The risk side of the ledger isn’t empty, though. Regulatory timelines in Japan can stretch. A 2027 target is ambitious, and any shifts in Japan’s digital asset policy could delay deployment. MOUs are statements of intent, not binding contracts. The real validation comes when Nomura begins onboarding corporate clients and processing live yen-to-USDC conversions.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Circle Internet Group Inc. (NYSE:CRCL) President Heath Tarbert called the company’s newly approved national trust bank a "historic" milestone for the company and the U.S. crypto industry.
The newly launched Circle National Trust Bank will not accept consumer deposits or issue loans.
Instead, it will initially oversee USDC reserves and provide digital asset custody services, with plans to eventually expand custody offerings beyond Circle’s affiliated entities.
Tarbert said the move places Circle under the Office of the Comptroller of the Currency’s regulatory framework, which he described as the “gold standard” for financial regulation.
Circle shares closed 4.8% lower on Monday and are down another 2.3% in premarket trading at the time of writing.
CLARITY Act "More Than Regulation"Tarbert said USDC remains the largest regulated stablecoin, accounting for roughly 70% of regulated dollar stablecoin transaction volume and operating across 34 blockchain networks with about $73 billion in circulation.
He argued that the recently enacted GENIUS Act provides the legal foundation for stablecoins to become a core part of the U.S. financial system, enabling faster, lower-cost payments, treasury management and financial settlement.
Tarbert also urged lawmakers to pass the CLARITY Act, saying legal certainty is essential for banks and financial institutions looking to enter the digital asset sector.
"It’s more than just financial regulation," he said. "It’s an upgrade of the U.S. payment system and allows the U.S. to lead the next generation of the internet, the internet of value."
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
At the quiet edge of Ethereum’s on-chain landscape, a notable shift is unfolding. According to the Santiment update, the top 100 wallets holding Tether (USDT) on Ethereum now control roughly 0.6% less of the available supply than three months ago. Meanwhile, the top 100 USD Coin (USDC) wallets have seen their collective share drop by about 4.7% over the same period. The changes are modest but point to something meaningful: stablecoin liquidity is quietly becoming more distributed.
Rather than a handful of giant addresses hoarding the bulk of the market’s buying power, capital is spreading across exchanges, DeFi protocols, institutions, and everyday participants. That dispersion reduces the market’s dependence on the whims of a few large actors. When stablecoin dry powder sits in more pockets, it can rotate into Bitcoin, Ethereum, or altcoins without waiting for a whale to make the first move. This trend aligns with the broader institutional embrace of stablecoin infrastructure, seen in recent tokenization milestones that rely heavily on on-chain dollar rails.
Why Distribution Often Beats Concentration High whale concentration in stablecoins has historically signaled cautious capital parked on the sidelines, often reluctant to flow into risk assets. The current slow unwinding of that concentration—described by Santiment as a “quietest bullish trend”—suggests a healthier footing. With supply spread among more wallets, the risk of a few actors pulling liquidity suddenly and triggering a cascading sell-off declines. It also points to a broader base of participants comfortable holding stablecoins, potentially preparing to deploy into positions as conviction builds.
Ethereum, still the dominant settlement layer for stablecoins, continues to lead in developer activity, which underscores the staying power of the network where much of this liquidity shift is happening. A distributed stablecoin supply on a high-activity chain creates a structural advantage: more potential buyers are already in position, reducing the friction for sudden market-wide rotations.
What to Watch Next The top-100 snapshot doesn’t capture the complete whale picture, and distribution alone won’t guarantee price moves. The sharper decline in USDC’s top wallets—4.7% versus 0.6% for USDT—may reflect different user bases. USDC’s heavier use in DeFi and institutional settlements could be driving a faster redistribution, while USDT’s broader retail footprint shows more stickiness. If the trend reverses and large holders begin reconsolidating supply, it would undercut the bullish signal. For now, traders should watch whether this quiet on-chain metric begins to align with increased spot volumes and broader participation. Often, market structure shifts like these show up in the data long before they appear in price.
AUTHOR
Brenda is a writer with three years of experience specializing in cryptocurrency, artificial intelligence and emerging technologies. She graduated from the University of Mombasa with a degree in Psychology. She has worked at Cryptopolitan and Blockchain Reporter.
This is a general announcement. Products and services referred to here may not be available in your region. Terms and conditions apply. Fellow Binancians, The Pharos R25 Axil USDC Campaign will be accessible via Binance Wallet DeFi. During the Activity Period, eligible users who subscribe USDC to the Axil Prime 3M USDC Vault, a 3-month lock-up USDC vault, via Binance Wallet DeFi, will share a total of $300,000 in PROS rewards. Binance Wallet DeFi R25 Axil Campaign Details Promotion Details Activity Period: 2026-07-15 00:00:00 to 2026-07-19 15:59:59 (UTC)Total Rewards: $300,000 in PROSReward Release Schedule: Rewards will be distributed on Pharos chain to eligible users’ Binance Wallets within 4 weeks after the Activity Period ends. Binance will use the 7-day average price of PROS before the campaign end date for reward distribution.Participant Eligibility: Participation is open to all Binance Wallet (Keyless) users.For more information, please follow the campaign page and Binance Wallet X account for updates. Reward Structure: Pool TypePoolExpected APYTotal Reward AmountMin. Subscription per UserMax. Vault capFixed-TermR25 Axil Prime 3M USDC Vault(3-month lock up)13%$300,000 in PROS100 USDC70,000,000 USDC Explore More Note: R25 Axil Prime 3M USDC Vault is a fixed 3-month lock-up vault. Users can submit and cancel redemption requests during the withdrawal window (2026-07-20 07:00 ~ 2026-10-16 07:00 UTC). After that, the vault will auto-renew to the next 3-month lock-up cycle.Redemption requests will be processed up to 20 days after the 3-month lock-up period ends. The assets will be automatically returned to your wallet on Pharos Chain once the redemption is complete. No claim action is required.Only users who subscribe through Binance Wallet DeFi R25 Axil Prime 3M USDC Vault are eligible for the campaign rewards. Users who purchase APC3M tokens on the secondary market or deposit through the project’s dApp directly will not be eligible for campaign rewards. How to Participate: Update your Binance App to the latest version and make sure you have backed up your Binance Wallet (Keyless).Bridge PROS (for gas fees) and USDC to Pharos Chain via Binance Wallet Bridge.Log in to your Binance Wallet, go to [DeFi] > [Protocol] > [R25], and visit the Axil Prime 3M USDC vault.Subscribe at least 100 USDC to the R25 Axil Prime 3M USDC vault to share $300,000 in PROS rewards. About Binance Wallet DeFi: Binance Wallet DeFi is an all-in-one on-chain yield product that aggregates DeFi protocols across lending, liquid staking, restaking, loan and liquidity provision. With the DeFi function, users can now earn and borrow on stablecoins, BTC, ETH, BNB, SOL and other popular assets seamlessly with users’ Wallet without switching between external dApps. To learn more, please visit What is Binance Wallet DeFi and How Does it Work. About R25: The on-chain vault infrastructure for the next generation of finance. A platform where diverse strategies meet cutting-edge blockchain technologies, giving everyone access to on-chain yield curated by experts. R25’s WebsiteR25’s X Note: 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. Thank you for your support! Binance Team 2026-07-14 USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and [email protected]. Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value. Trade on-the-go with Binance’s crypto trading app (iOS/Android) Find us on TelegramXFacebookInstagram Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice. Disclaimer: The Binance Wallet Services are offered by Binance Barbados Limited, and involve the provision of unregulated, third-party services, which are not supervised by the Financial Services Regulatory Authority of the Abu Dhabi Global Market, or any other regulatory authority. Binance Wallet is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Please carefully review the Terms of Use and Risk Warning and always do your own research. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.