While $ETH still dominates in total value locked with nearly $41B versus $SOL $4.8B, daily activity paints a different picture.
Solana processed over 2x the DEX volume, generated 3x more app revenue, and recorded roughly 4x more active addresses. Relative to TVL, its capital is moving far more efficiently, with turnover close to 18x higher than Ethereum in this snapshot.
Much of that comes from memecoins and speculative trading, so higher velocity doesn’t necessarily mean stickier liquidity. But if Solana continues attracting more capital while maintaining this level of activity, the gap between the two ecosystems could narrow significantly.
$ETH Institutional has successfully closed its first funding round, securing backing from more than 100 ecosystem leaders.
The nonprofit, focused on accelerating institutional adoption of Ethereum, received support from BitMine, SharpLink, Ethereum co-founders Joseph Lubin and Mihai Alisie, along with over 100 other ecosystem participants.
The funding will support its mission of helping bring more institutions onchain and expanding Ethereum’s role in institutional finance.
Apple is facing a lawsuit over claims it left a fake $BTC wallet app on the App Store even after an $875,000 theft had already been reported.
According to the lawsuit, three users lost a combined $1.84M after entering their seed phrases into the fraudulent app, including one victim who reportedly lost around $840,000.
Apple told MacRumors it has since removed the fake apps impersonating Sparrow Wallet and terminated the developer accounts responsible.
⚠️ This is one of the costliest mistakes in Bitcoin history
In 2013, James Howells lost a hard drive containing 8,000 $BTC after it was mistakenly thrown away and ended up in a landfill in Newport.
He later offered to fully fund the excavation and even share the recovered Bitcoin with the local council, but the proposal was rejected. The council argued that once the drive entered the landfill, it legally became council property.
Today, those 8,000 $BTC are worth roughly $512M. At Bitcoin’s all-time high, they were valued at more than $1Billion.
Donald Trump Jr. responds to questions about the President’s reported crypto earnings.
Connell: “Your father’s financial disclosure shows he made $57 million from your crypto company, $WLFI (World Liberty Financial). He does benefit financially.”
Donald Trump Jr.: “He has the ownership, but he’s not involved in any of that. It’s walled off.”
$TRX saw a strong jump in network activity yesterday.
A total of 230,862 new accounts were created, representing a 42.87% increase from the previous day and the highest daily account growth recorded over the past month.
> Stablecoin supply was largely unchanged, rising by just $113.2M over the week.
> DEX activity slowed, with spot trading volume down 6.65% and perpetual futures volume falling 14.9% week over week.
> Protocol revenue remained relatively stable overall, while Pump revenue climbed 28%. nu11(.)fun recorded the fastest growth, surging 8,739%.
> Six public companies reduced their Bitcoin holdings by a combined 360 $BTC (worth approximately $23.22M).
> Institutional activity was relatively quiet. Strategy made no changes to its Bitcoin holdings, while Bitmine purchased 9,946 $ETH valued at roughly $19.38M.