News linked to both this project and an event.
According to Crypto in America, the National District Attorneys Association, the National Association of Assistant U.S. Attorneys, the International Association of Chiefs of Police, and the National Sheriffs’ Association jointly sent a letter to Acting Attorney General Todd Blanche and Patrick Witt, Executive Director of the White House Crypto Council, expressing strong opposition to Section 604 of the “Clarity Act”—the Blockchain Regulatory Certainty Act (BRCA). Law enforcement groups argue that this provision could create regulatory loopholes exploitable by criminals for illicit activities including drug trafficking, fraud, child exploitation, sanctions evasion, and terrorist financing. Meanwhile, cryptocurrency-backed candidates achieved sweeping victories in primary elections across Maryland, New York, and Utah. Fairshake—a pro-crypto super PAC—has collectively spent over $7.6 million supporting these candidates, including $5.5 million backing Adrian Boafo, the candidate for Maryland’s 5th congressional district. Miller Whitehouse-Levine, founder of the Solana Policy Institute, warned that August 7, 2026, may be the final window for Congress to pass cryptocurrency market structure legislation. He stated that the industry is willing to make limited revisions to the BRCA provisions to address law enforcement concerns—but firmly opposes any fundamental changes that would weaken the core protections enshrined in the provision. Additionally, the House Financial Services Committee held a hearing on “The Future of Payments” the same day.
The Securities and Futures Commission (SFC) of Hong Kong released its “Annual Report 2025–26”, showing significant growth across multiple asset classes in Hong Kong’s capital market over the past year—including investment funds, digital assets, and the equity market. Tokenized investment products accelerated their growth: as of March, the assets under management (AUM) of the 13 SFC-authorized retail tokenized investment products surged nearly sixfold year-on-year to HK$10.8 billion. Meanwhile, the total market capitalization of the 11 SFC-authorized spot virtual asset ETFs reached HK$4.3 billion—up 90% since their launch in 2024—and included Asia’s first Solana spot ETF. Additionally, trading volume on the 12 licensed virtual asset trading platforms rose sharply by 125% year-on-year.
according to the latest data from Gate.io, the total staking volume of its SOL mining (staking) product has reached 625,100 SOL, with a reference annualized yield of 8.01%. Users who stake SOL will receive an equivalent amount of GTSOL assets, achieving asset appreciation.The service supports instant redemption, releasing liquidity and generating stable returns. In addition to SOL, the platform also offers multi-coin staking options. As of press time, the reference annualized yields are as follows: GUSD 2.80%, USD1 12.63%, BTC 2.67%, ETH 4.08%, and USDT 3.47%.
Bybit Alpha and Byreal have now launched trading for $ARX and $MU. ARX is the token of ARX, a Solana-based AI infrastructure project, while MU represents the on-chain asset of Micron Technology, a popular AI storage stock. As the AI sector continues to attract market attention, related assets are gaining increasing traction. Users can now trade these tokens via Bybit Alpha and Byreal.
According to the official announcement, Bybit Spot has launched Solstice (SLX/USDT) on its spot market at 10:00 AM UTC on June 22, and deposits are now open. Meanwhile, SLX has been added to Bybit’s Token Splash trading competition, where eligible users can compete for a prize pool of up to 1,000,000 SLX tokens. Solstice is a decentralized finance (DeFi) protocol built on the Solana ecosystem, positioned as the “yield layer” on-chain. The project aims to combine institutional-grade yield strategies from traditional finance (TradFi) with blockchain efficiency, enabling everyday users to participate in sophisticated on-chain fund management.
It is reported that Bybit Alpha and Byreal have now launched $SLX trading, with the current price on the Solana chain at $0.21. Solstice is a Solana-based on-chain yield infrastructure protocol dedicated to bringing real-world yield assets (RWA) on-chain, offering users transparent and efficient yield opportunities.
Financial services firm Morgan Stanley on Thursday filed amended S-1 documents with the U.S. Securities and Exchange Commission, updating its Ethereum and Solana ETF applications and proposing a 0.14% fee for both products. Currently, the lowest fee among spot Ethereum ETFs in the U.S. is the Grayscale Ethereum Staking Mini ETF at 0.15%; among spot Solana ETFs, the Franklin Solana ETF charges 0.19%. Morgan Stanley's latest filings also indicate that Figment, Galaxy Blockchain Infrastructure, and Coinbase Canada will provide staking services for both ETFs, with each fund charging a 5% staking fee on rewards generated by the products. The Morgan Stanley Ethereum Trust is proposed to trade under the ticker MSSE, while the Morgan Stanley Solana Trust is proposed to use the ticker MSOL. (Cointelegraph)
: The Algorand Foundation has released a quantum-resistant upgrade roadmap, planning to initiate a series of protocol upgrades in 2026 and achieve the network's overall "quantum security" capability by the end of 2027 to 2028, in response to the potential threat that future quantum computing poses to existing cryptographic systems. The roadmap shows that the first phase will introduce a post-quantum account system, multi-signature wallets, and staking support, followed by a gradual upgrade of core protocol components to achieve a comprehensive cryptographic migration from the wallet layer to the infrastructure. It is reported that multiple public blockchain ecosystems, including the Ethereum Foundation and Solana, have also initiated similar research into post-quantum cryptography and migration planning. (CoinDesk)
Digital asset company AllUnity has launched SEKAU, a stablecoin backed by the Swedish Krona. The token is issued in accordance with the EU's Markets in Crypto-Assets Regulation (MiCA) and operates as an electronic money token under MiCA.SEKAU is backed by segregated Swedish Krona reserves and is designed for institutional settlement and cross-border payments. Banking Circle will hold and manage the reserves backing the token, with Sweden's Marginalen Bank serving as the banking partner for the launch, while Trust Anchor Group provides infrastructure integration.SEKAU's initial launch covers five blockchain networks: Ethereum, Solana, Base, Tempo, and Polygon. AllUnity stated that it plans to expand SEKAU to more blockchain networks later in 2026. (Cointelegraph)
The Algorand Foundation has officially released its post-quantum upgrade roadmap, planning to initiate a series of protocol modifications in 2026 and achieve full “quantum-resilient” capability across the network by the end of 2027 through 2028—addressing potential future threats posed by quantum computing to existing cryptographic systems. According to the roadmap, Phase I will introduce a post-quantum account system, multi-signature wallets, and staking support; subsequent phases will progressively upgrade core protocol components, enabling comprehensive cryptographic migration—from wallet layers to infrastructure. It is reported that several other public-chain ecosystems—including the Ethereum Foundation and Solana—have also launched similar research and migration initiatives for post-quantum cryptography.
According to The Block, Kraken officially launched its on-chain DEX trading functionality on June 18, enabling users to directly access thousands of tokens within the Solana ecosystem through Kraken’s main app—without leaving their familiar interface. This launch is powered by Kraken’s embedded wallet infrastructure Privy and several leading Solana DEX protocols. DEX assets will be displayed alongside existing assets in the Portfolio view, and users can trade using their USD or USDC balances. Kraken stated that it plans to expand DEX functionality to additional ecosystems in the future.
Range, a stablecoin compliance startup, announced the completion of an $8.3 million Series A funding round, with participation from TX Ventures, SixThirty, Maven 11 Capital, Onigiri Capital, and others. The project's total funding to date has reached $11 million.Range provides a unified platform for companies operating both stablecoins and fiat currencies. Its core products include Unify, a real-time ledger system, and Protect, an on-chain transaction screening tool. Its clients include Circle, Solana Foundation, Stellar, Squads, and Jupiter, among others. The funds from this round will be used to expand the Unify and Protect products, grow the engineering and business development teams, and increase integrations and network coverage. (The Block)
Bitget Wallet has officially launched full-token payment capabilities, allowing users to use thousands of cryptocurrencies beyond just USDT/USDC for card top-ups and QR code payments, eliminating the need for manual swaps or cross-chain transfers. This feature is now available in over 50 countries and regions across Asia-Pacific, Europe, Latin America, and select emerging markets.The initial range of supported tokens includes mainstream assets such as USDT, USDC, ETH, SOL, BNB, BGB, and POL; ecosystem and community tokens like SHIB; as well as regional stablecoins like BRZ (Brazilian Real-backed stablecoin) and XSGD (Singapore Dollar-backed stablecoin). This capability is powered by Onchain Payments Matrix and currently supports over 10 public chains, including Polygon, BNB Chain, Ethereum, and Base, with continuous expansion of supported tokens and networks underway.Through this move, Bitget Wallet aims to integrate on-chain assets into users' everyday consumption and payment scenarios, further enhancing the practical utility of cryptocurrencies and ensuring users can spend any token for real-world purchases.
Helius released a research article stating that Solana’s inflation adjustment proposal, SIMD-550, recommends increasing the inflation deceleration rate from -15% to -30%, thereby shortening the time required to reach the long-term inflation target of 1.5% from approximately 5.7 years to 2.8 years. Modeling estimates indicate that this proposal would reduce SOL issuance by roughly 18.89 million tokens over the next six years—equivalent to approximately $1.51 billion at current prices.
Odaily News, According to an official announcement, Binance Wallet has launched the Web3 API, a comprehensive set of API endpoints that allows developers, institutions, and advanced on-chain traders to programmatically access on-chain trading and market data through a single integration. The API supports multiple chains (including Ethereum, BNB Smart Chain, Plasma, Arbitrum, Polygon, Base, Monad, Optimism, Linea, and Solana), providing real-time market data, aggregated swap quotes, and on-chain transaction execution capabilities. Key features include: Market Data API (real-time token prices, candlestick/K-line data), Transaction API (aggregated quotes, token swaps, built-in MEV protection), Non-Custodial Architecture (no private key holding, local user signing), and Enterprise-Grade Reliability. Currently, there are zero service fees and zero positive slippage fees; all price improvements are returned to the user. This API is suitable for developers building DApps, on-chain trading bots, and AI agents.
Base lead Jesse Pollak introduced Base's latest development direction at the Coinbase System Update: Take Control conference held today. Base is committed to becoming a platform that supports global financial activities.Base announced support for tokenized stocks launched by Coinbase and introduced the B20 native token standard. The Base App will support Solana, Bitcoin, and multiple EVM networks, and will also launch a web version. Base introduced Base MCP, allowing AI Agents to perform on-chain activities such as transfers, transactions, swaps, and lending with user authorization.Base stated that it has processed over $19 trillion in stablecoin payment volume this year and supports more than 25 local currency stablecoins. Base has also launched private transactions and a new ledger architecture to meet corporate compliance and auditing requirements.
According to PrimeMinister.kz, during his visit to Hong Kong, Kazakh Deputy Prime Minister Kanat Bozumbayev met with Chief Executive John Lee to discuss expanding trade and economic cooperation as well as collaboration in financial technology innovation. The centerpiece of the visit was the “Alatau City China Roadshow” investment roundtable, which attracted participation from numerous leading Hong Kong-based investment funds, financial institutions, and technology enterprises. During the meeting, the Alatau City Administration signed six cooperation agreements and memoranda of understanding (MOUs) with multiple international enterprises, primarily covering the following areas: • ANT Digital Technologies, a subsidiary of Ant Group: exploring participation in Alatau City’s digital infrastructure development and deployment of advanced fintech solutions; • Solana Foundation: reaching agreement on collaboration in Web3 ecosystem development, blockchain talent cultivation, and support for tech startups; • Dasco Capital and Templewater: signing an MOU to jointly establish a private equity fund focused on investments in Kazakhstan and Central Asia, with Alatau City designated as a priority investment target. Additionally, the Kazakh delegation held meetings with senior executives from major Hong Kong investment and development firms, including Henderson Land Development, Far East Consortium, Sun Hung Kai Properties, and Boshi Fund. Alatau City is a new economic growth hub launched under the directive of Kazakh President Kassym-Jomart Tokayev. It operates under a special legal framework, drawing upon Hong Kong’s successful experience in investor protection and alignment with international regulatory standards.
Within 24 hours of SpaceX’s Nasdaq listing, the $SPCX token—issued by Backpack Securities—surpassed $35 million in trading volume, leading all tokenized stock trading volumes on Solana and exceeding the next $SPCX competitor’s volume by over five times. Its liquidity ranked second among all tokenized stocks. Armani Ferrante, CEO of Backpack, stated that liquidity is concentrated on Backpack’s tokenized stocks because it is the only solution enabling round-trip trading between Solana and Nasdaq, allowing purchases and sales via brokerage accounts and redemption of underlying securities. Backpack Securities, launched by Backpack, aims to integrate traditional and tokenized stock trading, fostering coexistence of real equities across brokerage and on-chain environments and supporting 7×24 real-time U.S. equity trading. The $SPCX token is pegged to actual SpaceX shares; users can deposit and withdraw on-chain shares into Backpack Securities and transfer them to U.S.-based brokerages such as IBKR.
According to Backpack’s official tweet, Backpack Securities announced on June 11 that the $SPCX token officially launched on Solana via SunriseDeFi following SpaceX’s Nasdaq listing. Users can trade stocks on the Backpack platform and freely transfer assets between traditional brokerages and Solana-based DeFi wallets through deposit and withdrawal operations.
Ondo Finance officially announced that SpaceX has officially launched on-chain, with its IPO token $SPCX now live on the Ondo Global Markets platform, supporting Solana, Ethereum, and BNB Chain. This marks the first time in history that the largest IPO to date has been tokenized on-chain on its listing day.