In the last few months $SOL has not shown any significant moves. After Robinhood pulled a big chunk of the meme coin energy out of the market Solana has been struggling.🔔
But Solana dropped some real news. There are proposals on the table that would burn a lot more SOL every day jumping from around 650 all the way up to 9000. They also want to cut staking rewards by making inflation fall twice as fast.
That means fewer new tokens get printed and more get burned. Supply gets tighter for real. Keep your eyes on this one. If this gets approved, it could be huge for Solana.
🚨BREAKING: Michael Saylor’s Strategy just sold 1,638 Bitcoin for $104.7 million. Proceeds went to preferred dividends + STRC buybacks. Cash reserve now sits at $4 billion.
Yet $BTC is still holding around $63k with no panic dump.
🚨BREAKING: Michael Saylor’s Strategy has authorized the sale of $5 billion in $BTC after the company reported an $8.2 billion loss in the second quarter.
From $5.6M on day 1 → overtaking xStocks and grabbing 27% of the entire tokenized equity market. Not only that, one in every three crypto perpetual positions on the planet is now sitting on Binance. With $22.86B open interest, 35% of the global market.
Binance is now the fastest-growing product in the space.
Binance is expanding beyond crypto again. Commodity Options on Gold and Silver are here. Limited time zero maker fee promotion is live. Worth checking if it’s available in your region 👀
Pretty boring price action from $BTC over the weekend, just as expected. 🥱
Bitcoin’s next move depends on the Fed rate decision. The probability stays the same as before for the 3.50 to 3.75 BPS range. Still, there is a 34% chance of a rate hike. If we somehow get that rate hike, we head straight into our capitulation phase. If not, there is still a chance we push higher until the first week of August.
The Altcoin Season Index is still showing that we are right in the middle. If $BTC can hold around the $65k region, we could see a solid upside move on some selected altcoins.
Just keep in mind that we still have one more leg down left🚨
QuickSwap just linked up with KalqiX on Base. Now you can tap into trustless order book trading without leaving the QuickSwap interface you already know. When KalqiX has better prices your trades get routed there automatically and settle right on chain through Avail Atomic. No bridges, no custody risks, and no need for new accounts. You get better pricing, less slippage on bigger trades, and access to more liquidity sources. Everything stays fully on chain and decentralized. The dragon community just took another solid step forward for trading on Base. Pretty cool upgrade if you swap there. @QuickswapDEX @kalqix What do you think about this kind of integration?
Both The Block and Kaiko point to four layers as the future structure for crypto platforms. Trading, yield, payments and institutional collateral. Binance is the only one running all four at real scale right now. As of June first they held 153 billion dollars in reserves, which is 56.5 percent of assets across the top six exchanges. Each layer supports the next and that creates a complete user capital cycle from deposit to yield to spending.
Nine years of compounding built something no one else has at this level yet.🏆