Trump said that the U.S. has full control over the Strait of Hormuz and will maintain that control. Trump also described the naval blockade as a “steel wall,” stating that Iran can do nothing about it. $SOL

$SOL The numbers are cooling, but the story is changing. Solana’s Q2 data shows: • DEX volume ↓45% • Network fees ↓44% • RWA value crossed $3B • Stablecoins reached $15.6B • Perpetuals volume hit $111B The interesting part? Speculative activity is slowing while tokenized assets and onchain finance are expanding. That could mean Solana isn’t simply losing activity — the type of activity may be changing. Is this weakness, or the start of a new phase for $SOL? #SOL #Solana #crypto

U.S. July CPI data came in line with market expectations, with no unexpectedly sharp rebound in inflation. Market concerns eased, and U.S. stocks opened broadly higher. The Dow Jones rose 0.33%, the S&P 500 gained 0.49%, and the Nasdaq rose 0.9%, while risk appetite for growth-oriented tech stocks recovered markedly. Memory chip stocks became the strongest-performing sector during the session. Following an earlier correction, the continued positive impact of SanDisk’s share buyback drove a strong return of funds to the AI memory sector. SanDisk surged 6.9%, SK Hynix rose 5.8%, and Micron Technology climbed 5.5%. The CPI reading was neutral and did not send a strong signal for aggressive rate cuts. U.S. stocks’ higher open was driven more by a recovery in sentiment than by the start of a one-way trend. In the short term, trading is still expected to remain primarily range-bound.$BTC $ETH $SOL