Robinhood’s blockchain evolved from memecoin hub to serious RWA platform. Tokenized stock daily volume surged 5x to $70M, total value locked tripled to $312M, and the chain now ranks among the most active networks in crypto.
Source: finance.yahoo.com · Decrypt
BingX's Q2 review reveals a 700% daily volume surge in TradFi stocks and booming pre-IPO futures, accelerating its pivot from pure crypto exchange to full-fledged multi-asset platform. With EventX event contracts and a crypto card now live, the exchange is betting on diversified revenue streams beyond digital assets.
Source: sierraleonetimes.com · portal.sina.com.hk
Crypto exchange MEXC saw its SPCX futures daily volume top 800 million USDT following SpaceX’s IPO, driven by up to 100x leverage and 0-fee trading, signaling a new era of tokenized equity speculation settled in USDT.
Source: finanznachrichten.de · manilatimes.net
The sharp tech sell-off on Nasdaq, down over 2%, is fanning risk-off sentiment across asset classes, threatening to drag crypto lower. AI-related tokens and Bitcoin alike face headwinds as rising AI costs and hawkish Fed expectations increase correlation with traditional tech. Traders brace for potential spillover if the rout continues.
Source: southeastasiapost.com · thailandnews.net
SpaceX's IPO catalyzed a record $4.3B in 30-day on-chain tokenized stock volume, with Solana commanding 99% market share. The surge highlights growing real-world asset tokenization on the network, as platforms like Ondo Finance see tokens trade at a premium.
Source: benzinga.com · benzinga.com
Bitcoin's market cap stands at $1.24 trillion, half that of newly public SpaceX, yet trading below production cost. One investor increased BTC ETF holdings by 23% in early June, betting on the historical pattern of price recovery above mining breakeven.
Source: The Motley Fool · fool.com
Solana led crypto majors with a 13.76% weekly gain, outpacing Bitcoin and Ethereum, as tokenized SpaceX shares went live on its blockchain. The altcoin saw the largest jump in open interest and most bullish derivatives positioning, cementing its role in real-world asset tokenization.
Source: Aniket Verma · Benzinga
Ethereum’s proof-of-stake network now supports staking yields of 3-4% and a massive developer community of 32,000, while Bitcoin’s proof-of-work chain offers no native yield and limited programmability. As both assets reel from 40% yearly losses, ETH’s technological moat and income stream make it the superior near-term bet for builders and yield-seekers.
Source: The Motley Fool · The Globe and Mail
SpaceX's IPO filing confirms it holds 18,712 bitcoin, ranking as the 8th largest public BTC holder and cementing Elon Musk's companies as leading corporate adopters. The move comes amid a 27% YTD bitcoin slump, underscoring long-term conviction. This reinforces an institutional adoption narrative that continues to reshape the crypto market landscape.
Source: Antonio Pequeño IV · Antonio Pequeño IV
Elon Musk's new trillionaire status, fueled by SpaceX's $2.1 trillion IPO, may echo the speculative frenzy that preceded past crypto bubbles. With AI hype driving the offering, analysts fear a broader market peak could spell trouble for digital assets.
Crypto markets exploded Thursday after Trump’s Iran de-escalation triggered a $260M short liquidation event. Bitcoin led the charge to $63,850, with ETH, XRP, and DOGE also surging, even as the Fear & Greed Index remained in 'Extreme Fear.'
Source: Aniket Verma · Benzinga
Ripple has achieved a $50 billion valuation following a $750 million share buyback, placing it among the world's most valuable private firms. The company's aggressive acquisition strategy and high-profile partnerships with Mastercard and Deutsche Bank signal a shift from legal battles to institutional dominance.