News linked to both this project and an event.
According to The Block, SoFi's crypto trading revenue in the second quarter increased 10% quarter-over-quarter, reaching $134.3 million, with net income of approximately $1.2 million after deducting $133.1 million in transaction costs. Meanwhile, SoFi's stablecoin SoFiUSD has begun processing 24/7 business payments through its business banking platform Big Business Banking, and went live for retail users in May, supporting buying, selling, holding, and exchanging on Ethereum and Solana.
Approximately one month after its launch, Robinhood Chain has surpassed Solana in two metrics: Meme coin trading volume and the number of tokenized stock holders. On-chain data shows that Robinhood Launchpad's weekly trading volume reached $1.23 billion, surpassing Solana's core Meme coin platform PumpSwap's $1.22 billion for the first time; in terms of tokenized stock asset holders, Robinhood Chain leads with 330,000 users, followed closely by Solana with 281,000, while BNB Chain ranks third with 214,000. However, the lead in holder count has not translated into an advantage in asset scale—Robinhood Chain accounts for only about 1% of the over $2 billion tokenized stock market. Additionally, Meme coin hype cooled off towards the end of the month, with the chain's DEX daily trading volume falling from a peak of $900 million to around $500 million. To date, Robinhood Chain has generated cumulative revenue of approximately $3 million. On the stock front, institutional analysts from Bernstein, Goldman Sachs, and others maintain a bullish outlook on HOOD stock, with a target price of $122, representing approximately 31% upside potential from the current price of $92.7.
Bloomberg ETF analyst Eric Balchunas stated on X that the Morgan Stanley Ether ETF and Solana ETF went live today, both with a fee rate of 0.14%, making them the lowest-fee ETFs in their respective categories. Although its Bitcoin ETF was launched in the midst of winter, it has reached a scale of $400 million within four months.
: A security report for the first half of 2026 released by on-chain security platform Blockaid shows that the crypto industry suffered losses exceeding $1 billion during the period, with a record number of hacker incidents in six months. Blockaid tracked 212 security incidents, including a single attack on KelpDAO that resulted in a loss of $292 million. Ethereum and Solana were the networks with the largest amounts of stolen funds during the period, with losses of approximately $332 million and $326 million, respectively. Blockaid stated that the number of high-threshold attacks in the first half of 2026 was 3.4 times that of the entire year of 2025. Ethereum incidents were primarily driven by code vulnerabilities, with attack vectors including bridge and smart contract exploits, unauthorized access to privileged accounts, and market manipulation. Solana's losses increased significantly from approximately $127 million in 2025, with over 98% of losses stemming from key leaks, primarily involving incidents related to Drift Protocol and Step Finance.
SolanaFloor posted on X platform, stating that Solana plans to increase the mainnet block compute limit from 60 million CU to 100 million CU within less than 24 hours, an increase of about 66%. The relevant upgrade SIMD-0286 is expected to be activated at the start of Epoch 1009.
According to monitoring by Odaily, two independent third-party websites—strategicethreserve[.]xyz, which tracks data on listed companies holding ETH treasuries, and strategicsolanareserve[.]org, which tracks data on listed companies holding SOL treasuries—have both ceased updating. The latest data on the former shows Bitmine increasing its ETH holdings on June 7; the latter website is no longer accessible, and the last update on its official social media account dates back to November of last year.
last night that Hyperliquid and Multicoin jointly announced their support for the CFTC’s prediction market framework.Regarding this collaboration, Kyle Samani, a critic of Hyperliquid and former co-founder of Multicoin who has since left the firm, stated on X: “If you are building in the Solana ecosystem, you should understand that Multicoin will obstruct everything you do.”
According to on-chain investigator Specter, the wallet (2yu...BMC) publicly shared by Kimchi in an X reply in April 2024 is linked to trading activity following the listing of several tokens. On May 30, 2024, at 13:41 UTC, within the same minute as the STAR deployment, the Kimchi-associated wallet purchased tokens for 2.96 SOL (valued at $407) and later sold them for $45,600. On June 11, 2024, at 23:38 UTC, two minutes after the deployment of DADDY ANSEM, the Kimchi-associated wallet bought tokens for 4.94 SOL ($730) and later sold them for $14,600. On June 26, 2024, at 22:45 UTC, one minute after the deployment of MUVA, the Kimchi-associated wallet bought tokens for 2.9 SOL ($407) and later sold them for $53,000. Specter also stated that a cluster of exchange deposit addresses revealed 5 additional wallets involved in the same MUVA launch bundle trade; currently, there is no verifiable evidence to prove that Kimchi obtained eight-figure dollar profits from the TRUMP token.
Coinbase announced on X platform that it is upgrading the Coinbase DEX experience. Users can now search for and trade Base or Solana tokens immediately after they go live on-chain, now available on the new Launches tab.
According to official news, Raydium announced the launch of Permissioned Automated Market Maker (AMM) and Permissioned Pools, open to asset issuers that need to meet KYC or regulatory requirements. Issuers can directly access Solana on-chain liquidity infrastructure while retaining participant access control to establish compliant secondary trading markets.
MoonPay announces a partnership with Discover Network, enabling US Discover credit cardholders to now purchase thousands of supported crypto assets via MoonPay, including BTC, ETH, BNB, XRP, SOL, TRX, HYPE, and ZEC. This partnership integrates Discover card payment channels into MoonPay's crypto asset purchase service, providing US users with a new fiat on-ramp method.
, According to the "2026 Q3 Staking Report" released by Bitwise, 2026 Q2 presented a divergent pattern of "rising on-chain activity, declining fee revenue," with the core driving factor being protocols actively reducing block space costs. In terms of core data for each chain, Ethereum's active staked amount hit a record high of 40.2 million ETH (accounting for 33% of total supply), network revenue decreased 51% year-over-year to $64 million, but rebounded quarter-over-quarter when denominated in ETH; Solana Q2 Real Economic Value (REV) dropped to $51 million, significantly shrunk compared to the peak of $812 million in 2025 Q1, but non-voting transaction volume reached 9.8 billion, and on-chain activity remained resilient; Hyperliquid Q2 protocol total revenue was $174.8 million, perpetual contract trading volume reached $652 billion, and the proportion of non-crypto assets (commodities, stock indices, etc.) rose to 32%; Avalanche C-Chain transaction volume increased approximately fourfold year-over-year to 236 million, but network revenue, due to a significant decrease in fees, remained only $330,000; NEAR, due to the collapse of Kai-Ching application activity, Q2 on-chain transaction volume plummeted 75% to 77.7 million, but Intents execution layer generated fees approximately 68 times that of the base chain. In terms of institutional adoption, BlackRock launched Ethereum Staking ETF (ETHB), Coin
Odaily News Bitwise released its "Q3 2026 Staking Report," showing that 40.2 million ETH has now been staked, accounting for 33% of the total ETH supply, a new all-time high. The increase in staking this year has primarily come from institutions, including staking ETFs, corporate treasuries, and other large holders. The report also indicates that the staking rates for the networks covered by Bitwise remain high, with Solana at 68%, Near at 45%, Hyperliquid at 44%, and Avalanche at 41%.Additionally, Ethereum’s throughput increased by 73% year-over-year, while Avalanche’s transaction volume reached four times that of the same period last year. Recently, Coinbase and Circle also staked 500,000 HYPE each on Hyperliquid, signaling that institutional staking is expanding to more emerging PoS networks.
Bitget launches a new round of CandyBomb, with a total prize pool of 160 SOL. This event is exclusive to new futures users. The participation period is from July 23, 21:00 to August 2, 21:00 (UTC+8). During the event, eligible users who complete net deposit and futures trading tasks can receive up to 1.6 SOL in rewards per person. Detailed rules have been published on the official Bitget platform. Users must click "Join Now" to complete registration before participating.
LayerZero has announced a partnership with Keeta to support the transfer of tokenized commercial bank deposits across public chains including Keeta Network, Ethereum, Solana, and Base, aiming to provide institutional cross-chain settlement infrastructure.According to the announcement, the two parties will combine LayerZero's omnichain interoperability protocol with Keeta's compliance infrastructure to support institutions in fund management and payment operations. The newly introduced Keeta Stablecoins are backed by commercial bank deposits custodied by Bivo, a licensed fintech platform in the United States. Unlike traditional stablecoins, they correspond to real commercial bank deposits and allow the issuer to maintain control over the contract through LayerZero's Omnichain Fungible Token (OFT) standard.Keeta Stablecoins will launch later this month, initially supporting the US dollar, with future expansions to include the Euro, Japanese Yen, Chinese Yuan, British Pound, Canadian Dollar, Mexican Peso, UAE Dirham, Hong Kong Dollar, and other fiat currencies. (The Block)
Coinbase has announced a partnership with Mubadala Capital, part of the Abu Dhabi sovereign wealth fund, and KAIO, a tokenization infrastructure provider, to issue compliant on-chain tokens for Mubadala's evergreen private market fund, open to qualified investors.Coinbase will not only support the token issuance through the Base network but will also purchase the token and include it on its corporate balance sheet, marking the first time a major US-listed company has used a regulated tokenized real-world asset (RWA) for native on-chain treasury management. The product will also be deployed on the Solana and Sui networks, with KAIO providing compliant tokenization infrastructure. To date, the project has attracted approximately $75 million in funds, while Mubadala manages assets nearing $400 billion. (Fortune)
crypto exchange Coinbase disclosed that a routine infrastructure update last week, due to an undetected Kubernetes resource name conflict, mistakenly modified the Istio ingress gateway component, resulting in approximately 50 minutes of service interruption. Coinbase stated that customer funds were not at risk. The outage occurred between approximately 12:37 PM and 1:25 PM Eastern Time, impacting retail, institutional, and developer platforms. Some users were unable to complete deposits, withdrawals, or off-platform transactions, Coinbase Card debit card purchases were declined, while credit card purchases were unaffected. The outage also affected on-chain swaps on Base and Solana via Coinbase DEX, with Coinbase Exchange and Prime customers experiencing delayed or failed transfers and settlements. Coinbase stated it will add naming conflict checks, separate recovery tools from managed infrastructure, and test emergency access procedures more frequently.
U.S. Senate Republicans on Wednesday released a 616-page draft of the new Clarity Act, a significant legislative development in Congress's efforts to comprehensively regulate the digital asset industry. The crypto industry widely welcomed the draft, noting it retains protections for software developers and is expected to provide long-missing regulatory clarity for the U.S. digital asset market.Crypto Council for Innovation CEO Ji Hun Kim stated that bipartisan support is "critical" for the bill's passage. Solana Policy Institute CEO Miller Whitehouse-Levine called on Congress to seize the opportunity, while Coinbase CEO Brian Armstrong remarked that the lack of a federal regulatory framework had previously allowed bad actors like FTX to harm consumers and forced a substantial amount of crypto business to move overseas.However, several Senate Democrats quickly voiced opposition, arguing that the ethics provisions in the new text addressing conflicts of interest related to Trump's crypto assets are too weak. Senator Angela Alsobrooks stated that the current proposal put forward by Republicans is still "not enough," and that provisions concerning elected officials' ethics, consumer protection, illicit finance, conflicts of interest, and market integrity all require strengthening.
: Sandy Kaul, Head of Digital Assets and Innovation at investment management firm Franklin Templeton, stated that the AI agent economy will increase demand for blockchain protocols to facilitate machine-to-machine micropayments. Traditional bank card networks are unsuitable for agent-based payments due to fees and settlement times. Sandy Kaul pointed out that blockchain networks like Aptos, Solana, and BNB Chain are more suitable for the agent economy, with transactions settling in seconds, faster than the 1 to 3 business day settlement time of the Visa network. In a joint report, payment company Visa and investment validation platform Artemis stated that traditional bank cards designed for low-frequency human commercial activities are insufficient to support AI agents, which require near-zero fees and faster settlement. Since its launch in May 2025, the x402 payment protocol developed by Coinbase has seen an adjusted transaction volume of $15 million and over 109 million adjusted transactions.
Odaily data shows that Solana and Hyperliquid ETF trading volumes together account for nearly 80% of all non-BTC and non-ETH ETF trading volume. The Solana ETF currently has an assets under management (AUM) of $904 million, while Hyperliquid-related funds have accumulated a net inflow of $350 million since their launch two months ago. The combined ETF sizes of both represent approximately 2% of their respective tokens' market capitalizations. (The Block)