Crypto Markets & On-Chain Ecosystem Developments

According to Grayscale research head Zach Pandl, on July 1, Solana blockchain has become the settlement layer for over 1,000 unique applications. This year, the network has processed daily average transaction volume exceeding 100 million with 4.3 million daily active users, generating

According to Cybrid's latest report released in 2026, enterprise adoption of stablecoins is accelerating toward mainstream use. Among 468 surveyed executives and business leaders, 42% already use stablecoins for cross-border payments, while 88% indicated

According to PANews, on July 1, on-chain analyst Yejin reported that U.S. government financial disclosure documents show Trump received $635 million from the TRUMP meme token through authorization and revenue sharing. Yejin estimated that including issuance, marketing, and liquidation across the ent

According to CoinDesk, Circle shares fell about 8% on June 30 after Open Standard unveiled Open USD, a stablecoin backed by more than 140 companies in payments, banking, fintech, and crypto. The token will enable fee-free minting and redemption, with participating partners receiving reserve income a

According to ChainCatcher, the U.S. Securities and Exchange Commission (SEC) has opened a 60-day public comment period to evaluate whether existing regulatory rules remain applicable to exchange-traded funds investing in novel asset classes or employing new strategies, and whether adjustments to reg

According to Alternative.me data, the Crypto Fear and Greed Index dropped to 11 today, down from 15 yesterday, indicating an extreme fear state in the market.

According to Reuters, nearly 1,700 British investors filed a lawsuit against Binance, founder Changpeng Zhao, and related entities on June 30 in London's High Court, seeking at least 150 million pounds (US$199 million). The claimants allege the crypto exchange sold and promoted complex crypto

According to Cointelegraph, on July 1, Massachusetts Attorney General filed an amended complaint against prediction market platform Kalshi, adding allegations that Kalshi targeted users under 21 through social media and university campus marketing without effective age-verification safeguards. Kalsh

According to Odaily, Strive CEO announced today a pause in $100 SATA issuance while seeking market feedback to determine clearing prices, contingent on alignment with shareholder long-term interests. SATA short positions have increased by approximately 1 million shares in recent

According to Cointelegraph, on July 1, Nasdaq selected Pyth as the distribution channel for its proprietary market data, providing Nasdaq TotalView order book data to blockchain applications and software platforms through Pyth's on-chain financial data network. TotalView covers buy and sell orders a

According to ChainCatcher citing SoSoValue, HYPE spot ETFs saw net outflows of $3.01 million on June 30. 21Shares Hyperliquid ETF (THYP) accounted for the entire outflow. The product has accumulated net inflows of $56.99 million to date, while total HYPE spot ETF assets under management

According to Onchain Lens, a16z sold 154,242 HYPE tokens worth $10.19 million over the past two days as of July 1. The blockchain analytics platform monitored the sales activity, noting that the wallet deposited 76,840 HYPE ($5 million) to centralized exchanges today as part of the ongoing

According to CoinDesk, MetaMask launched a self-custodial Money Account on the Monad blockchain on June 30, combining stablecoin yield, payments, and trading. The account uses mUSD, a stablecoin issued by Bridge (a payments infrastructure company owned by Stripe) and backed 1:1 by US cash and

Securities and Exchange Commission Chairman Paul Atkins announced Project Crypto on June 30 during a speech at the Economic Club of New York, presenting a regulatory framework that allows digital asset issuers to determine whether a token qualifies as a security before launch. The initiative aims to

According to SEC Chair Paul Atkins, speaking on June 30 at the Economic Club of New York, the SEC launched Project Crypto, a comprehensive framework to provide regulatory clarity on digital assets. Under the initiative, token

According to CoinDesk, Phantom hired three former Ventuals team members—Alvin Hsia, Emily Hsia, and Aris Samad—on July 1 to strengthen its trading and data team. The trio previously launched OpenAI and Anthropic perpetual futures markets on Hyperliquid. Ventuals announced earlier this month that it

According to The Block, ENS co-founder Nick Johnson vetoed the Security Council renewal proposal on July 1 with 3.26 million ENS tokens, representing 80% of votes cast, causing the executable vote to fail with an 82% rejection rate. The proposal aimed to extend the Security Council's term by two

According to BlockBeats and Bit.com market data, Circle (CRCL) shares fell 17.55% to close at $62.63 on Tuesday, July 1, marking a new historical low level. The decline was driven by two major factors: Russell index funds removed CRCL from Russell 1000 Growth and other major Russell growth indexes o

Gate News message, FG Nexus has completed the sale of all its ETH holdings by depositing 9,481 ETH ($14.89M) into Galaxy Digital. In total, FG Nexus deposited 51,156 ETH ($109.4M) and recorded a loss of $86.6M. According to Onchain Lens, FG Nexus had previously purchased 50,770 ETH for $196M and

Cardano founder Charles Hoskinson addressed governance structure, growth strategy, and community unity issues within the Cardano ecosystem in recent statements. Hoskinson called for a return to unity, empathy, and productive conversations, stating his goal is to refocus the community on solving