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Lily Liu, President of the Solana Foundation, is looking beyond meme coins to establish Solana as the infrastructure for what she calls “internet capital markets.” In an exclusive interview with BeInCrypto and a presentation at the 2025 Web3 Festival in Hong Kong, Liu outlined her vision for blockchain technology’s role in democratizing financial access. From …
Ethereum teeters near key levels, facing mounting bearish pressure and potential $342M liquidations as TVL and price momentum weaken.
Despite a 30% drop and rising skepticism, SUI holds above the $2.00 support level. Traders remain cautious, but a bounce from $2.22 could signal a reversal.
Solana’s recent rally lacks strong demand, with bearish indicators suggesting a potential decline. Traders' sentiment remains predominantly short, signaling a risk of price drops, especially if support levels fail.
Markets rallied after mainstream media outlets shared a fake news story about a three-month tariff pause, and some say this is a good sign.
Despite Onyxcoin's stagnant performance and a bearish RSI, whale addresses continue to hold, showing confidence in a potential recovery if market conditions shift.
- 10:43Aave’s Net Deposits Surpass $50 Billion, Becoming the First DeFi Protocol to Reach This MilestoneOdaily Planet Daily reports that Aave’s net deposits have surpassed $50 billion, making it the first DeFi protocol to reach this scale. This figure represents the total collateralized assets across its 34 on-chain markets minus outstanding loans. According to Aave’s founder, an increasing number of traditional financial institutions are adopting Aave as lending infrastructure.This milestone also reflects the overall recovery trend in DeFi. Data shows that since December 2024, the total value locked (TVL) in the DeFi sector has approached $120 billion, with Ethereum-based lending dominating the market and locking over $63 billion. According to DefiLlama, Aave’s current TVL is around $29 billion, accounting for nearly half of the sector.It is reported that the Aave governance community is advancing several upgrade initiatives, including “Aave V4,” which aims to introduce account abstraction and native real-world asset vaults. There are also plans to support Bitcoin Layer2 assets and expand the GHO stablecoin to more blockchain platforms. (The Block)
- 10:43MyStonks Platform to Conduct On-Chain Dividend Snapshot for PG.M HoldersOdaily Planet Daily reports that the decentralized US stock token trading platform MyStonks has announced it will conduct an on-chain snapshot of all user accounts holding PG.M (Procter & Gamble US stock tokens) at market close on July 18. For every 1 PG.M token held, users will receive a dividend of 1.0568 USDT, which will be automatically distributed to MyStonks accounts on August 15, with no action required from users. This dividend corresponds to Procter & Gamble’s (NYSE: PG) regular quarterly dividend for the fourth quarter of fiscal year 2025. The MyStonks platform maps native US stock dividends to token holders proportionally, ensuring that on-chain users enjoy the same dividend rights as traditional shareholders. On-chain dividends not only allow users to access the benefits of leading global companies without geographic barriers, but also greatly enhance the transparency and efficiency of dividend distribution. Users do not need to go through complicated declarations or wait; the entire dividend process is automated and publicly verifiable, truly achieving equal rights and benefits with traditional shareholders and promoting the deep integration of traditional finance and the Web3 world.
- 10:43Hungary’s New Crypto Law Takes Effect, Illegal Transactions Could Lead to Up to 8 Years in PrisonOdaily Planet Daily – Hungary has officially implemented new cryptocurrency legislation as of July 1, prohibiting any unlicensed digital asset trading activities. Individuals using unlicensed crypto services may face up to 2 years in prison; for single transactions exceeding 50 million forints (approximately $140,000), the sentence can be up to 3 years, and for amounts over 500 million forints, up to 5 years. Unlicensed service providers may face up to 8 years in prison.It is reported that fintech platform Revolut has announced the suspension of its cryptocurrency services in Hungary. Local media noted that around 500,000 Hungarians have invested in crypto assets through legal income, but the details of regulatory enforcement remain unclear.