Solana's Real-World Expansion gm Bankless Nation, The stablecoin and real-world asset scenes are heating up on Solana, so let's catch up on the top projects and trends worth tracking here. Today's Issue ⬇️ - ☀️ Need to Know: SEC Making Moves
Backing off Binance, plus BitClout charges. - 📊 Market Vibes: BTC's Slide Continues
Another red candle day / HNT rating. - 🧪 Analysis: Solana Stables and RWAs
Why these sectors look primed for takeoff. - 📚 Learn: What We're Reading
Our favorite reads of the week.
p.s. Thanks to Matcha. Matcha just revamped its pricing engine! Built for serious onchain trading, Matcha outperforms other apps, from small to gigantic trades. Trade now on matcha.xyz.
Sponsor: Cartesi — build app-specific rollups with Web2 tooling without the constraints of Web3! . . . NEED TO KNOW SEC Making Moves - 🧑⚖️ The SEC is staying busy. America's securities watchdog is potentially backing down on Binance, and it just slapped the BitClout founder with fraud charges.
Read more on Bankless.com - 🐳 Compound negotiates peace. In the wake of a governance crisis, crypto lending protocol Compound has negotiated with a COMP whale voter to stop a controversial proposal.
Read more on Bankless.com - 🐹 Hamster Kombat ramps up. The hit Telegram game just published its whitepaper, which revealed token plans and how the title now has 300 million players.
Read more on Bankless.com
. . . MARKET VIBES BTC's Slide Continues 📸 Daily Market Snapshot: Bitcoin continued its skid, dropping below $66k this morning after slipping below $67k yesterday in the wake of a $2 billion U.S. government BTC transfer spooking the market. We'll see if this streak continues into the week, but for now, the downward weight from the top seems to have squeezed the other crypto majors, with ETH down 1.2% and SOL down 4.9% on the day. Prices as of 4pm ET | 24hr | 7d | | Crypto $2.36t | ↘ 2.1% | ↘ 1.3% | | BTC $65,814.85 | ↘ 2.2% | ↗ 0.4% | | ETH $3,267.21 | ↘ 1.2% | ↘ 5.8% |
🔒 New Token Rating: Helium Network The HNT token has been a top performing crypto asset during the month of July. Is this project poised for continued outperformance? . . . ANALYSIS The Rise of Stablecoins and RWAs on Solana Alongside the recent ETFs surge, stablecoins and real-world assets (RWAs) have posed some of the strongest paths to mainstream crypto adoption. And while Ethereum and Tron reign as top stablecoin hubs, Solana is joining these ranks, with new integrations coming into focus. Plus, RWA activity is increasing on the network through projects like Ondo's USDY and Maple Finance's Jito partnership. Accordingly, today's article dives into all these developments to understand the momentum Solana has achieved in becoming a promising center for stablecoins and RWAs. Can the chain go on to gain major ground in these sectors like it has with memecoins? Let's see! 👇 FRIEND & SPONSOR: CARTESI Cartesi has a challenge for all talented devs! Try to hack their Honeypot dApp. Compete in a bug-bounty initiative to test, scrutinize, and refine the underlying code of Cartesi Rollups! . . . . . . GO BANKLESS Don't Miss Another Airdrop! Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop. Did you miss out again? Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 100 other crypto protocols in Airdrop Hunter waiting for you. |
No comments:
Post a Comment