Why is Ethereum falling after briefly breaking above the $1,930 level
Ethereum has climbed above $1,930 before retreating toward $1,850, as an early-week rally driven by ETF inflows and easing macro expectations has given way to renewed geopolitical and macroeconomic pressure. CoinGecko data showed Ethereum ($ETH) touched an intraday high of about $1,931 on July 15, its strongest level in weeks, before slipping to around $1,850 over the past 24 hours. Softer-than-expected US economic data, including weaker labor market readings, strengthened expectations that the Federal Reserve could ease monetary policy sooner than previously expected. Renewed tensions between the United States and Iran triggered a broader risk-off move across financial markets, weighing on both technology stocks and cryptocurrencies. The major Glamsterdam upgrade, which developers expect to improve scalability and reduce gas costs, has also been delayed until the latter half of the third quarter, leaving investors without a major near-term network catalyst. Market analysts remain divided on whether Ethereum has started building a lasting recovery or is still trading within a broader downtrend. Crypto analyst Daan Crypto Trades said $ETH has successfully turned the $1,750 horizontal level into support, describing it as the first meaningful reclaim of a previous resistance area during the current downtrend. According to Daan, a successful hold above that level could support a move toward the long-standing $2,100 resistance zone, while a drop below $1,750 would invalidate the bullish setup. A more cautious view came from Mister Crypto, who argued that Ethereum continues to respect a long-term descending trendline that has rejected the price four times since its 2025 peak. According to the analyst, $ETH has yet to break that resistance decisively, meaning recent rallies still qualify as lower highs within the broader bearish structure. A sustained break above the trendline is needed before the longer-term outlook improves, the analyst said, adding that continued rejection could leave the token vulnerable to a deeper decline toward $1,200. #HormuzTransitsDropToThreeWeekLow #CardanoHardForkUpgradeSetForJuly18 #EtherFallsTwiceAsHardAsBitcoin #USInsiderSellingNearsRecordPace #MSCIEMIndexNearsCorrection
Former Ethereum Foundation researcher Francesco D’Amato joins Ethlabs
Former Ethereum Foundation researcher Francesco D’Amato has joined independent protocol research group Ethlabs, extending the movement of core Ethereum developers into organizations operating outside the Foundation. According to a statement shared by Ethereum Foundation researcher Francesco D’Amato on X, he has left the Ethereum Foundation after five years to join Ethlabs, a nonprofit protocol research organization established by former Foundation researchers to continue Ethereum core development. During his time at EF Research, D’Amato said he worked across several protocol research areas, including maximal extractable value (MEV), consensus mechanisms, data availability sampling, and execution layer pricing. He described the decision to leave as difficult but said the current period of change made it the right moment for “a new beginning.” Leaving that behind is hard, but after 5 years this time of great change seems right for a new beginning,” D’Amato wrote. He added that, for the first time since beginning Ethereum protocol research, he believes there is “a credible shot” for core research to advance outside the Ethereum Foundation. At Ethlabs, he said he will work alongside former EF colleagues to expand the organization’s protocol research efforts, bring new researchers into the ecosystem, and continue contributing to Ethereum’s long-term technical roadmap. Among his priorities, D’Amato said he intends to keep working on reducing Ethereum’s transaction finality time, stating that he plans to focus much of his effort on helping Ethereum “finalize much faster, as soon as possible.” Ethlabs launched in June as an independent nonprofit research organization founded by former Ethereum Foundation researchers Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz Schilling, Josh Rudolf, and Julian Ma. The organization said its research spans settlement speed, network capacity, native asset issuance, cross-chain interoperability, and Ethereum’s monetary design. Backed by Ethereum co-founder Joe Lubin, Bitmine, SharpLink, Anchorage, Octant, SNZ, and other Ethereum ecosystem participants, Ethlabs has said its research priorities are tied to growing institutional use of Ethereum for stablecoins, tokenized assets, investment products, and AI-driven commerce. The group has also stated that research decisions remain independent despite corporate funding, with contributions managed through an external grants administrator. When the organization launched, executive director Ansgar Dietrichs said Ethlabs was created to advance Ethereum’s core technology while providing a long-term home for protocol researchers outside the Ethereum Foundation. Lubin described the organization as another stewardship body working alongside the Foundation and other independent contributors to Ethereum’s development. D’Amato’s move comes as the Ethereum Foundation continues reshaping its internal structure and as more protocol work shifts to independent organizations. Last month, the Foundation reduced its workforce by 54 positions, or about 20%, following a review of its staffing and long-term responsibilities. It later dissolved its Protocol Support team while reorganizing its remaining work into dedicated divisions covering protocol development, users, community, access, and institutional activity. The restructuring has also led to the creation of new Ethereum-focused organizations. Earlier this month, former Foundation employees Mo Jalil, Oskar Thorén, and Aaryamann Challani launched EthSystems, a for-profit company building confidential infrastructure for regulated financial institutions on Ethereum with backing from Bitmine, SharpLink, and Lubin. #quesquestion #DelistingAlert #cryptouniverseofficial #MbeyaconsciousComunity #ZeroFeeTrading
HBAR News Today: Hedera’s TVL Falls 40% After $9.05M Bonzo Lend Exploit, Even as Lloyds Banking Grou
Hedera has had a genuinely split week. On one side, an oracle exploit drained $9.05 million from the network’s largest DeFi lending protocol and wiped out nearly 40% of Hedera’s total value locked in a single day. On the other, Lloyds Banking Group, Aberdeen Investments, and Archax completed the UK’s first foreign exchange transaction using tokenized real-world assets as collateral on Hedera — a genuine institutional milestone that landed in an HM Treasury-backed report the same week. Here’s what’s actually happening with $HBAR right now, and why the network’s enterprise-heavy governance model makes this kind of split story more common than it is for most Layer 1 networks. According to Bonzo’s official incident report, the exploit began around 00:51 UTC on July 11, 2026, when an attacker deposited just 250 SAUCE tokens — worth only a few dollars — and submitted a manipulated price update to an on-demand oracle contract. The false update inflated SAUCE’s value by roughly 12 orders of magnitude, and critically, the oracle verifier accepted the update even though it carried a zeroed signature rather than a valid signature from the authorized oracle committee. Eight seconds later, the attacker used that inflated collateral to borrow approximately 6.6 million USDC and 34.5 million Wrapped $HBAR (WHBAR), together worth about $9.05 million. A second wallet borrowed roughly $1 million during the same window before identifying itself to the Bonzo team as a white-hat responder and pledging to return the funds — bringing total abnormal borrowing during the incident to about $10.06 million, though Bonzo’s headline loss figure of $9.05 million excludes the funds the white-hat wallet said it would return. Blockchain security researchers Specter and PeckShield tracked over $5.25 million of the stolen funds being bridged from Hedera to Ethereum via LayerZero and swapped from Wrapped Bitcoin into ETH. Bonzo Lend and Bonzo Points remain paused while the team evaluates recovery options; Bonzo Vaults, Bonzo Bridge, and single-sided staking were unaffected and continue operating normally. Bonzo attributed the failure specifically to a flaw in Supra’s third-party oracle verification infrastructure, stating the incident was not caused by vulnerabilities in Bonzo’s own smart contracts or in Hedera’s underlying network — a distinction that matters, since it means the exploit reflects a weakness in one DeFi protocol’s chosen oracle provider rather than a flaw in Hedera’s core consensus mechanism. Supra has since acknowledged the issue and deployed a fix to the affected verifier contract. Council members span technology, finance, telecommunications, energy, and academia, and include Google, IBM, Boeing, FedEx, Dell, Deutsche Telekom, LG Electronics, Standard Bank, Chainlink Labs, Nomura Holdings, Ubisoft, McLaren Racing, and Accenture (which joined in April 2026 to build enterprise AI governance infrastructure on the network), alongside academic institutions including the London School of Economics and University College London. Modifications to Hedera’s total $HBAR supply — capped at 50 billion tokens — require unanimous agreement from every council member, the highest governance threshold in the network’s structure. $HBAR was one of 16 tokens the SEC and CFTC included on a formal digital commodity classification list published March 17, 2026, alongside Bitcoin, Ethereum, Solana, and XRP — a notable inclusion that expanded regulated institutional access to the token. That classification helped pave the way for products like the Canary Capital $HBAR spot ETF (ticker: HBR), which has drawn cumulative inflows of roughly $93 million since launch, with net assets around $49 million, alongside a Hashdex index product that also includes $HBAR exposure. For more on the platforms tracking crypto market data, see our explainers on what Coinglass tracks in derivatives markets and what RWA.xyz measures in tokenized assets. For the broader crypto market picture, see today’s Crypto Market Today and Crypto News Today roundup. #jasmyustd #kdmrcrypto #hottrendingtopics #Fatihcoşar #GoogleDocsMagic
ORO Puts Avalanche in the Spotlight as Its Fluency Campaign Enters the Final Days
The clock is now officially ticking on ORO’s “Clarity for Avalanche” campaign, with the team confirming that only a few days remain for users to finish the program and claim a share of its 500,000 ORE Points pool before the July 22 cutoff. For those who haven’t been following, ORO is an AI-powered execution layer that has spent the past few months trying to make DeFi feel less like a technical obstacle course and more like a day to day app, allowing users to simply type what they want in plain language with the platform handling the rest (be it routing, doing the gas math or performing txn execution behind the scenes). The Avalanche campaign, which went live earlier this month on the 8th, applies that same philosophy to learning, i.e. instead of wading through troves and troves of documentation, participants work through interactive lessons on the Avalanche (AVAX) ecosystem directly inside the ORO app. Subsequently, they can then put that knowledge into practice with the AI guiding each step. The rewards structure is refreshingly simple as well such that completing the campaign drops 5,000 ORE Points into a user’s account instantly, along with a badge. Sharing that badge on X earns another 1,000 while everyone who finishes before the July 22 deadline splits the wider 500,000-point pool. There is, however, a bigger reason the deadline matters because as per team, this may be one of the last opportunities to accumulate ORE Points before the ORO token generation event (TGE), which puts a fairly hard expiry date on what has so far been an open window. The aforementioned campaign seems to have come at a time when ORO has been on a partnership tear. Firstly, the company teamed up with Spectre AI in an effort to bring market intelligence and trade execution into a single experience. Circle’s CCTP and Wormhole were also integrated subsequently, meaning USDC can now move across chains natively, with no wrapped tokens or synthetic assets involved. The ORO Widget also went live inside Nawa Finance and Oroswap, letting users ask questions and execute actions without ever leaving those apps. On the education front, a partnership with Edu3Labs extended ORO’s reach to a community of more than 5 million users (all while co-founder Katerina represented the project at Raise Summit in Paris). From the outside looking in, community observers commented that the recent slew of alliances (all of whom occurred within a span of ten days) bore the hallmark of a project building with unusual consistency. What makes the Avalanche campaign notable is how neatly it has captured ORO’s broader pitch, i.e. the barrier to DeFi has never really been access but knowing where to start. A guided, conversational introduction to one of the industry’s most active ecosystems, paid for in points that convert into rewards at token launch, is a fairly compelling answer to that problem. #PEPEATH #Dubai_Crypto_Group #ZeroFeeTrading #AmanSaiCommUNITY #Write2Earn
Ripple Engineering Head Reveals What’s Coming Next for XRP Ledger
He shared this during the latest episode of RippleX’s Onchain Economy, where he discussed how blockchain is changing financial infrastructure and what comes next for the XRPL ecosystem. Akinyele said traditional finance is gradually being rebuilt with blockchain technology. He believes the on-chain economy creates new opportunities by changing how value is defined and transferred. Notably, he confirmed that, as Head of Engineering at RippleX, his team focuses on building the features that allow financial institutions to develop their solutions directly on-chain. Akinyele said RippleX is currently focused on developing features that support several important financial services on the $XRP Ledger. These include tokenization, stablecoin payments, token trading on the ledger, and the creation of on-chain financial markets. He said these capabilities help build the internet of value by giving different types of assets more practical use. He also noted that RippleX has learned from working with financial institutions that many of them prefer infrastructure that closely reflects how they already operate. Essentially, RippleX aims to rebuild processes on blockchain rails instead of replacing their existing systems. He added that the decentralized design of the $XRP Ledger provides the shared infrastructure that traditional finance has been missing and also improves reliability, security, accuracy, and operational efficiency. Looking back at developments earlier this year, Akinyele said RippleX introduced features that made permissioned trading possible on the $XRP Ledger. He called attention to additions such as permissioned domains and permissioned decentralized exchanges (DEXs), and explained that they allow financial institutions to verify the participants involved in their trading activities. Akinyele also mentioned how $XRP fits into these plans. He said $XRP’s utility comes from Ripple’s effort to build a trusted financial operating system that supports use cases for financial institutions in their day-to-day operations. He called attention to comments Ripple CEO Brad Garlinghouse has repeatedly made about $XRP being the company’s north star. According to Akinyele, Ripple continues to build around trust, $XRP’s utility, and $XRP’s role in providing liquidity. He said these features will help financial institutions build real financial markets on-chain and operate at a speed that has not been possible before. #EconomicAlert #jasmyustd #GamingCoins #FlokiCoin #ZeroFeeTrading
XRP Finally Crosses the 8M Activated Accounts Milestone After 13 Years
The latest milestone confirms that the $XRP ecosystem’s user base continues to grow despite the difficult market conditions that have dampened investor sentiment since Q4 2025. At the time of writing, the number of activated wallets had reached 8,000,688, with 688 new accounts added after the network crossed the 8 million mark earlier in the day. Total Activated $XRP Wallets | XRPScan Data from XRPScan also shows that these 8,000,688 activated wallets currently hold 67.526 billion $XRP, which represents the circulating supply of the token The milestone comes even though the pace of new wallet creation on the $XRP Ledger has slowed in recent months. Since March 2026, the network has averaged about 2,300 new accounts each day. However, it is important to note that there were a few stronger days, including 8,817 new wallets on March 19, 4,131 on May 29, and 6,221 on June 30. The difference is largely due to changing market conditions. At this point last year, $XRP was climbing toward a new all-time high. This year, however, the asset has dropped 70% below its $3.60 peak, and this has impacted the pace of new wallet creation. So far in July, the $XRP Ledger has added only 29,000 new wallets. At the same point in June, it had added 32,000 wallets, while the comparable period in May recorded 34,000. This shows that wallet creation has slowed not only compared with last year but also from one month to the next throughout this year. However, participation across the $XRP Ledger remains consistent. While the community celebrates the network’s first 8 million activated accounts, most continue to watch for a recovery in wallet creation. A stronger $XRP price could encourage more users to join the network and help restore the faster growth seen during previous market rallies. #PEPEATH #Kriptocutrader #NOTCOİN #CryptoTrends2024 #satoshiNakamato
For fifteen years the loudest promise in crypto was that $XRP would replace Swift. Not complement it
It was the thesis that sold the token, filled the conference halls, and outlasted a five-year lawsuit.On July 9, 2026, Swift answered. The network moved its own blockchain ledger into live operation with seventeen pioneer banks, among them Citi, HSBC, Wells Fargo, UBS, Standard Chartered, and MUFG. The build took nine months. The system runs 24 hours a day across six continents, coordinating cross-border payments on a shared ledger that eliminates the batch windows and cut-off times that made correspondent banking feel like a fax machine. It is, by any fair reading, Swift doing the thing everyone said Swift would never do: shipping blockchain settlement, at scale, with the incumbents, before the disruptor could take the market. And the asset moving across it is tokenized bank deposits. Not $XRP. Not any public token. Banks convert dollars and euros they already hold into digital claims and send those claims to each other directly. No third coin sits in the middle. That is not a rumor, a leak, or an interpretation. It is the design, and it is the most consequential piece of information the $XRP thesis has received since the SEC dropped its appeal.What followed was five days of the loudest argument the $XRP community has had in years, conducted almost entirely over a resurfaced slide and a two-word post from a man who no longer works there. That argument is worth walking through, because the way it is being fought reveals more than the thing being fought over. The details matter, because the gap between what was announced and what was believed became its own story within hours. Fifteen years of argument reduced to a design document. Swift built the blockchain. It went live with the exact banks the thesis named. And it moves tokenized deposits, because banks would rather settle in money they issue themselves than in an asset whose price can move against them between the send and the receive. The $XRP community will spend this week debating a resurfaced slide and a former executive’s two-word post, and both of those things are more interesting than the ledger, and neither of them matters. The slide is undated. The executive is gone. The ledger is live. What is left is the smaller question, the one that has quietly been the only real one for two years: not whether Ripple wins, because Ripple is winning, but whether anything Ripple wins reaches the token. On July 9 the largest institution in cross-border payments answered that question in the most expensive way available, by building the future and leaving $XRP out of the blueprint.The thesis is not dead. It is just no longer a thesis about Swift. #write2earn🌐💹 #receita_federal #GalaToMoon #Jasmyusdt⚠️⚠️ #OopsieDaisy
Cardano Surpasses TRON in ETF Demand as Over $44M Flows Into ADA Investment Products
According to data compiled by Blockworks, Cardano-linked ETFs recorded $37.2 million in net inflows during 2025. The momentum has continued into the current year, with the products already attracting over $6.9 million in additional net inflows. In contrast, investment products tied to TRON experienced substantial capital outflows over the same period. Blockworks data shows that TRON ETFs lost $33.38 million in 2025, while investors withdrew another $17.47 million from TRX-linked funds this year. The contrasting performance suggests that institutional and professional investors continue allocating capital to Cardano despite broader market volatility. Cardano’s ETPs currently manage $48.3 million in assets under management (AUM) across eight active investment products. Some of the top offerings include 21Shares Cardano ETP (AADA), WisdomTree Physical Cardano, and Bitwise Physical Cardano ETP (RDAN) These regulated investment products trade outside the United States, allowing investors in multiple international markets to gain exposure to $ADA without directly buying or holding the cryptocurrency. Moreover, recent investment activity also favors Cardano. Over the past 30 days, the eight Cardano ETPs attracted $1.17 million in fresh capital. Meanwhile, TRON’s exchange-traded investment products brought in just $534,000 during the same period. The gap also extends to overall assets under management. While Cardano’s eight ETPs oversee $48.3 million in AUM, TRON currently has only two active ETPs with a combined $29 million in AUM. The latest inflows have drawn attention across the Cardano community because they originate entirely from markets outside the United States. Although U.S. investors still lack access to a spot Cardano ETF, Grayscale has already filed an application for one. Market observers expect the U.S. SEC to decide on the proposal later this year. Current expectations point to a potential decision by October 2026, provided the regulatory timeline remains on schedule. The process gained momentum after CME Group launched Cardano futures in February 2026, triggering the SEC’s six-month regulated market observation period. Once that requirement concludes on August 9, 2026, $ADA will satisfy a key eligibility criterion for consideration for spot ETFs. If the SEC reviews Grayscale’s application under its streamlined 75-day approval framework, the agency could issue a final decision as early as October 23, 2026. #EtherFallsTwiceAsHardAsBitcoin #FactCheck #DelistingAlert #HyperliquidFalls10.28% #PEPEATH
One anonymous wallet has spent a year absorbing the supply that everyone else is selling. It is now the largest single holder of PI, nobody has claimed it, and at today’s price it is sitting on one of the worst trades in the token’s short history. The whale story points at something larger and more awkward than one address. Pi Network’s founding promise was democratic distribution: a currency anyone could mine from a phone, with no expensive hardware and no venture allocation. The on-chain reality of ownership looks nothing like that. PiScan data has shown just 22 wallets qualifying as whales holding at least 10 million PI each, alongside millions of accounts holding almost nothing. Roughly 84% of the more than 15.9 million accounts fall into the smallest category, holding less than 10 PI, worth pocket change. The Pi Foundation’s own top wallet has held tens of billions of coins. Set that against the token’s marketing and the tension is obvious. A network built on the pitch of mass participation has produced an ownership structure where a handful of addresses, most of them associated with the foundation, dominate supply, and where the largest independent accumulator is an entity that will not identify itself. That is a decentralization question with real regulatory weight, given that market-structure legislation moving through Congress contemplates decentralization tests for classifying digital assets. Pi’s defenders point to millions of migrated wallets and a vast know-your-customer base as evidence of genuine distribution. The rich list points the other way. None of this is unique to Pi, and every major token has concentration issues. But most of them never claimed otherwise. The gap between the people’s-cryptocurrency framing and a wallet map dominated by whales and microbes is the kind of thing that becomes a problem precisely when price stops going up, because that is when holders start reading the ledger instead of the roadmap. Fourteen million accounts holding less than four dollars each is not a distributed economy. It is a marketing funnel with a blockchain attached. It is worth taking the Core Team theory seriously for a moment and following it to its conclusion, because if it is true the implications reach well past one wallet. Token buybacks are ordinary corporate behavior in crypto. Projects with treasury reserves routinely purchase their own tokens to support price, absorb unlock supply, or retire float, and several of the largest names in the sector run formal buy-and-burn programs that they disclose openly. The mechanism is not the problem. Disclosure is. Pi’s approach to supply management is unusual in a way that makes the whale theory more plausible. The project leans on halvings and a declining mining rate instead of burns, which means it has no mechanism for permanently destroying supply, a difference that matters when looking at why Pi has no burn valve for supply. Every coin ever mined eventually reaches circulation through migration and unlocks. A project in that position, watching roughly 6.5 million tokens hit the float daily with no burn valve to relieve pressure, has exactly one lever left if it wants to defend price, which is to buy the tokens back with treasury funds and sit on them. That is precisely the behavior $GAS…ODM exhibits. The second is attribution. Any confirmation of ownership, whether from the Core Team acknowledging a buyback program or an exchange claiming the address, would immediately reprice the narrative in one direction or the other. Silence has served the bullish reading well, because an unattributed whale can be whatever the community needs it to be. Clarity would remove that optionality. The third is whether the supply math changes at all. Roughly 1.21 billion PI enter circulation across 2026, with the next tranche reported above 127 million tokens, up from about 103.7 million the previous month. Absorbing that requires demand the ecosystem has not yet produced, and the Pi2Day fee-in-PI products are the project’s first real attempt to create demand that exists independent of speculation. If those products show genuine usage measured in actual fees rather than announcements, the whale’s thesis, whatever it is, gets stronger. If they do not, then one wallet is holding a position that gets larger and less valuable every month, and the most-watched address in the Pi ecosystem will end up as a case study in how supply design shapes price and how much money it takes to fail to hold a line. #HYPEFalls8% #EtherFallsTwiceAsHardAsBitcoin #USInsiderSellingNearsRecordPace #MSCIEMIndexNearsCorrection #FootballSeason2026
The $XRP Ledger has reached another major adoption milestone, surpassing 8 million activated accounts.Every activated $XRP Ledger account must permanently lock up a minimum amount of $XRP as a base reserve before it can transact. This sets it apart from other blockchain networks. This anti-spam mechanism prevents the network from being flooded with empty or malicious accounts while ensuring each account has a small economic stake in the ecosystem. The current base reserve is 1 $XRP, meaning that at least 8 million $XRP are now locked across activated accounts alone. While those tokens remain owned by account holders, they cannot be freely spent unless the account is deleted, effectively removing a portion of $XRP from active circulation. Community member Krippenreiter noted that adoption has remained remarkably consistent. "Every single day around ~2500 new XRPL accounts get created." They all need at least 1 $XRP to be locked away and marked as 'unspendable' for the base reserve to activate and maintain an active account on the $XRP Ledger." This week, Ripple joined the Linux Foundation's x402 Foundation. The initiative aims to establish an open standard for machine-to-machine payments over the internet. Meanwhile, Ripple's regulated RLUSD stablecoin continues to gain adoption across enterprise finance. #FootballSeason2026 #EtherFallsTwiceAsHardAsBitcoin
Pi Network Schedules Protocol v25 Upgrade After 27% Pi Price Drop
After six weeks of silence, the Pi Network Team has finally confirmed the launch of Protocol v25 on July 22. The update introduces new privacy tools and network improvements. This came at a time when Pi Coin continues to struggle after falling more than 27% in just one week. The Pi Core Team said Protocol v25 is one of the biggest network upgrades this year. Its main goal is to make the Pi blockchain more stable, reliable, and ready for future applications. One of the biggest changes is support for privacy-preserving smart contracts. These allow developers to build apps where users can verify information without sharing personal details. For example, a user could prove their identity or eligibility without uploading sensitive documents. This is made possible through two new technologies, BN254 cryptography and Poseidon hashing, which make zero-knowledge applications much easier to build. Although Protocol v25 is an important technical upgrade, many investors are wondering if it can help Pi Coin recover. The update is expected to improve the Pi Network ecosystem and make it easier for developers to build new apps, which could increase network activity. However, it is unlikely to have a major impact on Pi’s price in the long term. A short-term price jump is possible, but a sustained rally remains difficult. The biggest reason is the growing token supply. According to PiScan data, more than 775.8 million Pi is scheduled to unlock between July and December 2026, adding more selling pressure to the market. As of now, Pi Coin has fallen more than 27% over the past week, including another 10% drop today, with the price trading near $0.07. $NVDAB $NVDA.US $AAPL.US
Stellar ($XLM) has continued to gain traction as the fast-growing altcoin remains one of the top-performing cryptocurrencies that have been barely overwhelmed by the extreme market volatility. With $XLM consistently projecting strong price movements even on days when the market seems uncertain, traders are beginning to weigh in on its possible future outcome against its rival, $XRP. Although the difference is relatively small, it suggests that market sentiment is a bit in favor of $XLM and traders are showing more confidence in Stellar's performance over the remainder of the year despite $XRP's growing social hype. While the odds appear to be pretty close, historical data further backs $XLM's chances of outperforming $XRP for the remaining part of the year.So far in 2026, $XLM has only decreased by 5.99%, while $XRP is down by a massive 39.8%, positioning the former way ahead in terms of their year-to-date price performance. #FootballSeason2026 #HyperliquidFalls10.28% #SKHynixSamsungFallInOffshoreMarkets #AsianStocksFallForSecondDay #KoreaEWYETFSeesRecordInflow
The Sandbox Studio Hits 12,000 Sign-Ups as Beta Development Accelerates
The Sandbox Studio has attracted more than 12,000 applications within a month, signaling strong creator interest as development moves toward a wider beta release. Despite that demand, access remains limited to over 30 alpha creators testing the engine, tools, and publishing process. The selected group includes experienced Roblox, Unity, and Unreal Engine builders, alongside developers using Cursor, OpenAI Codex, and Claude Code. The Sandbox plans to admit up to 10 additional creators weekly while maintaining direct support, workshops, and faster responses to technical feedback. This controlled pace keeps testing focused as applications continue accumulating before beta. According to Sandbox’s post, the latest engine release improves the editor, software development kit, asset pipeline, and application programming interfaces. As part of the update, creators can now reorganize project assets without manually repairing scene references or actor links. The update also introduces on-demand viewport rendering, which reduces graphics-processing usage when projects remain idle. In addition, a default performance monitor now displays frame rates and draw calls during development, helping creators track project performance more easily. Build times have also improved through a compiler cache that reuses processed textures and GLB files. As a result, later builds can skip assets that have not changed, reducing unnecessary processing and speeding up development. Moreover, the release adds separate KTX2 texture-compression controls and an AI skill that supports engine-version upgrades. Seven starter templates also received refreshed lighting, including shooter, vehicle, side-scrolling, and virtual reality formats. These developments support a broader roadmap that includes multiplayer systems, monetization tools, more than 10 genre kits, reusable assets, and skill collections. The roadmap also features Agent Nova, a planned in-editor AI assistant designed to support creators during development. Public access remains scheduled for the fourth quarter of 2026. Until then, the phased rollout allows developers to refine stability, improve workflows, and address technical challenges before the platform reaches a wider audience. #kdmrcrypto #devcripto #ETHETFsApproved #FactCheck #receita_federal
Ripple CEO Brad Garlinghouse Explains Why XRP Beats Bitcoin for Payments
Ripple CEO Brad Garlinghouse says the problem with today’s payment apps isn’t complicated. They just weren’t built to talk to each other. Speaking at an event, Garlinghouse compared modern payment networks to the earliest days of the internet. Garlinghouse compared today’s payment apps to old closed networks like AOL once, pointing out that Venmo and PayPal couldn’t move money between each other until recently, despite PayPal owning Venmo. Garlinghouse said the highest friction in the entire payments system shows up when people try to send money internationally. It’s slow, expensive, and prone to mistakes, sometimes leaving money stuck in transit for weeks while people track it down. That’s the problem Ripple set out to solve. Garlinghouse was careful to frame the technology in terms customers actually care about, not jargon. An $XRP transaction settles in about four seconds anywhere in the world, he said. Moving money using $XRP costs just fractions of a penny per transaction, he said, framing speed and cost as the only two things that matter to the people actually using the technology. He drew a direct comparison to Bitcoin to make the point clearer. A Bitcoin transaction can cost close to $10 and take up to 10 minutes to settle, according to Garlinghouse, who was quick to add that this isn’t a knock against Bitcoin. Different blockchains, he said, are simply built for different jobs, the same way different internet protocols serve different purposes. Rather than pitching $XRP to individual users, Ripple chose to sell its technology directly to banks and financial institutions worldwide. Garlinghouse also referenced the SEC’s lawsuit against Ripple, noting that it left the company’s US business largely stagnant for roughly five years before the situation eventually shifted. Garlinghouse also offered a plain-language explanation of blockchain itself: an open ledger of debits and credits that anyone can view, where past transactions can never be altered. For Ripple, the goal was never to use blockchain because it’s an interesting technology. It was to apply it to a real problem that financial institutions and their customers already have. #Notcoin #JohnCarl #AsianStocksFallForSecondDay #xmucan #Kabosu
HTX DAO Burns $13.6M in Tokens, Will Reduced Supply Lift HTX Price
$HTX DAO has completed another large-scale token burn, removing 7.47 trillion $HTX tokens worth approximately $13.6 million from circulation as part of its second-quarter 2026 supply reduction program. It stated that the latest transaction brings the cumulative amount of $HTX donated and burned to 117.79 trillion tokens. The burn transaction was executed on the TRON blockchain and is publicly verifiable through Tronscan. $HTX DAO said the ongoing burns are designed to optimize the token’s supply structure while supporting the ecosystem’s long-term value. The latest burn follows an even larger reduction in the first quarter of 2026. In April, $HTX DAO disclosed that it had burned 10.83 trillion $HTX valued at more than $19.22 million, noting at the time that cumulative burns were approaching 11% of the token’s total supply. The organization said the strategy aims to reinforce long-term value through continued reductions in circulating supply while advancing decentralized governance. The Q2 burn of 7.47 trillion $HTX is roughly 31% smaller than the 10.83 trillion tokens burned in Q1. Despite the latest supply reduction, $HTX showed little immediate response in the market. According to CoinMarketCap data, $HTX traded at $0.00000180, down 0.90% over the past 24 hours. However, the token has posted stronger performance over longer time frames. $HTX is up 6.21% over the past month, rising from around $0.00000160, while it is down 3.65% over the past year. The previous quarterly burn offers an interesting comparison, although it does not establish a cause-and-effect relationship. Following the Q1 burn announcement on April 16, $HTX traded around $0.000001779. The token later climbed to $0.000002058 on May 26, representing a gain of approximately 15.7% over about six weeks. Whether a similar move follows the latest burn remains uncertain. While reducing circulating supply can strengthen token economics over time, price performance also depends on market sentiment, investor demand, liquidity, and macroeconomic conditions. As the crypto market remains in bear season, token burns alone may not be enough to trigger a sustained rally. However, if market conditions improve, continued supply reductions could become a supportive factor for $HTX’s long-term valuation. #QODA #ETFvsBTC #Binance #xmucanX #NOTCOİN
An Unexpected Claim from One of the Crypto Market’s Most Well-Known Figures: “If This Altcoin Delive
Ansem, a well-known figure in the cryptocurrency market, suggested that PumpFun’s native token, $PUMP, could increase in value 10 to 15 times if it improves its community relations and delivers on its previously promised airdrops. In its assessment, Ansem stated that token buybacks alone may not be sufficient to support the valuation of projects. Noting that Hyperliquid has an annualized revenue of approximately $800 million and PumpFun approximately $440 million, Ansem reminded that both platforms regularly use a portion of their profits for token buybacks. However, he pointed out that the valuation difference between the two tokens is quite high. According to data shared by Ansem, HYPE’s fully diluted market capitalization is approximately $65 billion, while $PUMP’s fully diluted valuation remains at around $1.4 billion. Related News Market Analysts Describe Bitcoin's Latest Move as a “Borrowed Rally” — Here's Why According to Ansem, the main reason for this large difference is not the companies’ revenue performance, but rather the “trust premium” created by team behavior and market decisions. Ansem noted that the Hyperliquid team rarely makes excessive promises, regularly launches new products, and rewards its core users based on predetermined criteria, stating that this approach builds a high level of trust between the team and the community Ansem stated that PumpFun has generated approximately $1 billion in revenue to date and raised $1 billion through token sales, but added that the promised airdrops have not yet been delivered to users. Ansem argued that if the Pump.fun team fulfills its airdrop promises and addresses the concerns of the platform’s core users, the price of $PUMP could increase 10 to 15 times. He noted that such a development would not only boost the token price but also increase the platform’s trading volume, popularity, and revenue. In his assessment, Ansem cited Bitcoin as an example, stating that Bitcoin’s ability to reach a market capitalization of approximately $1.3 trillion, despite not generating any revenue, was made possible by its fixed supply of 21 million units and the trust built by the uninterrupted operation of the network. #HyperliquidFalls10.28% #AsianStocksFallForSecondDay #KoreaEWYETFSeesRecordInflow #SpaceXShortInterestHits29%OfFloat #ChipStocksFallOnAISpendingWorries
Why Polygon’s CEO Had to Clarify His Own Layoff Announcement
Polygon Labs eliminated a portion of its workforce this week as the firm reshapes itself around a payments-focused business model rather than its earlier identity as a blockchain foundation. CEO Marc Boiron disclosed the restructuring in a post on X, tying the timing to Polygon Labs’ pending purchase of Coinme. Polygon Labs is nearing completion of its acquisition of crypto firm Coinme now, according to Boiron, with plans to fold the acquired team directly into the broader organization once the deal closes. Boiron framed the merger and the accompanying layoffs as part of one connected effort: repositioning Polygon Labs to reach profitability by 2027. CEO Marc Boiron says the cuts reflect strategy shifts, not employee performance. In his statement, he drew a sharp distinction between how a blockchain foundation functions internally versus how a payments-focused company needs to operate, arguing the shift demands different staffing and organizational structure altogether, not simply a different product roadmap. Affected staff will receive severance pay plus career placement support as well, Boiron confirmed, adding that he personally intends to vouch for departing employees to other companies looking to hire. Boiron pointed to underlying business strength as the reason for acting now rather than later. Boiron says both stablecoin volume and customer demand are hitting record highs, and he noted that Polygon’s onchain payments product launched faster than the team had anticipated. He acknowledged the irony directly in his post, noting that many of the employees departing were the same people responsible for building that momentum in the first place. Not everyone found Boiron’s explanation clear. One commenter, a builder identified as venturefounder, questioned the framing entirely, pointing out that Polygon Labs has always operated as a for-profit entity, while the separate Polygon Foundation is the nonprofit structure historically associated with blockchain governance. He asked Boiron to clarify what “moving from a blockchain foundation to a payments company” actually meant given that corporate structure. Boiron responded directly, clarifying that his original wording referred to how the company operates, not a change to its legal or corporate structure. He emphasized the distinction between operating like a blockchain foundation versus operating like a blockchain-enabled payments company, rather than describing any formal entity change. #KoreaEWYETFSeesRecordInflow #AsianStocksFallForSecondDay #SpaceXShortInterestHits29%OfFloat #ChipStocksFallOnAISpendingWorries #USDieselTops$5PerGallon
ETH/BTC breaks a 301-day trendline – Why Ethereum is gaining on Bitcoin
Ethereum [$ETH] is showing early signs that investor appetite is rotating in its favor, with capital flowing toward the asset and away from rivals, most notably Bitcoin [$BTC]. At press time, $ETH was now closing in on the $2,000 mark, having climbed 2.32% over the past 24 hours as steady capital inflows continue to push its price higher. Notably, the $ETH/$BTC ratio has breached a descending resistance line that had capped it for 301 days. The $ETH/$BTC ratio measures the flow of capital between Ethereum, the second-largest cryptocurrency, and Bitcoin. When the ratio climbs, it typically signals that investors are rotating capital into Ethereum, preferring Bitcoin. This marked a shift in relative demand between the two assets. Over that stretch, sixteen bullish candles have formed against just four sessions that closed below their opening price, a spread that leans heavily toward buyers. That balance points to sustained momentum rather than a single, one-off move, and it suggests the rally has room to extend further. Should the surge hold its current path, the ratio still needs to clear a resistance hurdle at the 0.032 level before it can press on. The inflows follow a softer-than-expected Consumer Price Index (CPI) reading of 3.5%, below the projected 3.8%, a cooler print that has encouraged capital back into risk assets such as Ethereum. Away from the ETFs, on-chain accumulation has been quietly building on a broader scale. Ethereum Exchange Reserves, which track how much of the asset sits in exchange wallets and is readily available to sell, have fallen by roughly 225,000 $ETH over the twelve days since the 4th of July. It slid from a high of 15.565 million $ETH to 15.340 million at press time. In dollars, investors have moved roughly $428.85 million off exchanges and into private wallets, a shift that reflects the depth of the accumulation. The larger question is whether the market is now edging into an altcoin phase, the stretch in which altcoins begin recording outsized gains against the majors. That question matters because the $ETH/$BTC chart often doubles as a proxy for altcoin momentum, and a sharp climb in the ratio has historically tended to precede a broader altcoin run. For now, CoinGlass’s Altcoin Season Index suggests the market has yet to enter that phase. A reading of 52 points to moderate flows and offers no firm confirmation of a major altcoin rally. #LISTAAirdrop #hottoken #KEEP_SUPPORT #GamingCoins #jasmyustd
Which is a Better Alternative to Bitcoin? Morgan Stanley Prefers This Altcoin to Ethereum
Bitcoin rose above $64,000 following weaker-than-expected US CPI and PPI data. However, further gains are limited due to simultaneous selling by both long-term and short-term investors. While Bitcoin, Ethereum, and altcoins are also experiencing gains, noteworthy statements have come from the US banking giant Morgan Stanley. Speaking to Coindesk, Morgan Stanley investment strategist Denny Galindo argued that Solana has historically been a superior diversification asset compared to Ethereum. Galindo notes that with the rise of spot Bitcoin ETFs, followed by Ethereum and Solana ETFs, the question of which digital assets investors should include in their portfolios alongside Bitcoin has come to the forefront. Galindo also stated that the correlation coefficient between Bitcoin and $ETH is 0.78 until April 2026, while the correlation between Bitcoin and $SOL is 0.72, explaining that the BTC-$SOL correlation is lower. According to the analyst, this suggests that Solana is slightly less likely to move in the same direction as Bitcoin. The lower correlation indicates a higher probability of Solana moving independently of Bitcoin, and therefore contributing more to portfolio diversification. The analyst also notes that Solana’s correlation with the S&P 500 is slightly lower compared to Bitcoin and Ethereum. Based on these historical correlations, Galindo concluded that $SOL could be a better diversification asset than $ETH. However, the analyst pointed out that Solana has higher price volatility than Ethereum, and investors should consider this risk factor when evaluating the diversification advantage. #ZeroFeeTrading #XRPRealityCheck #CryptoPatience #Volatilidad #BitcoinDunyamiz
Virtuals Protocol announces new tokenized index model – Details
Virtuals Protocol has introduced a new system on Robinhood Chain; one that lets users combine multiple assets into one tokenized index as a customizable basket! Through this, users can gain exposure to several tokens through just one As per the new model, any participant can publish a composite asset and earn protocol fees when others mint it. This is the latest in Virtuals Protocol’s path to building a co-ownership layer for AI agents. The ecosystem already has more than $77 million in agent trading volume, with over 2,100 agents launched. The RSI being above neutral 50 implied that buying interest has returned, without the token appearing overbought. MACD also turned positive, underlining the improving short-term outlook. Even though the price was still below its May highs, traders appeared to be responding positively on the charts. Aggregated Open Interest was near $33.8 million, after recovering just slightly from its recent lows. While traders seemed to have a foot in the door, they have not rebuilt positions aggressively. At the same time, the Average Funding Rate was negative at around -0.0126. Short positions were still dominant and bearish traders appeared to be paying to keep their positions open. This contrast is noteworthy. While spot indicators have been eager, Futures traders have been on the defense. If $VIRTUAL continues to rise, shorts will add to the move. Hence, in the short term, the market still appears divided. #hottrendingtopics #jasmyustd #MegadropLista #XRPRealityCheck #DTCCProcessesFirstLiveTokenizedTrades