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Share link:In this post: Solana co-founder Anatoly Yakovenko remains positive even after the SIMD-0228’s rejection, claiming it will help the network build its self-governance system. The SIMD-0228 proposal aimed to give the network a more dynamic inflation model. Analysts expect SOL to surge to $3800.
Share link:In this post: Solana celebrates five years since its debut in 2020, having processed more than $408 billion in transactions. Raj Gokal has asked crypto enthusiasts and developers to step up and launch their own tokens. Analysts believe SOL could see a bullish momentum in the coming months, believing it could hit $300 by September.
Bitcoin’s Short-Term MVRV suggests a reversal, with BTC aiming for $91,500. But with LTH selling pressure, can it hold above $85,000?
As gold hits record highs, Bitcoin’s future remains uncertain. Could BTC follow gold’s parabolic rise, or will it struggle to keep up?
Crypto markets brace for volatility with the Fed’s interest rate decision, Sui’s gaming push, and a major FTN token unlock on the horizon.
Pi Network's new .pi domains aim to reshape Web3 identity. While some praise their potential, concerns over governance and legal issues persist.
Solana long-term holders are backing the price with $128 million in accumulation, but SOL still needs a 43% surge to break past $180. Will momentum shift?
- 15:33SharpLink Gaming receives 10,000 ETH from Ethereum Foundation, with unrealized gains of $84.25 millionForesight News reports that, according to Ember monitoring, SharpLink Gaming (NASDAQ: SBET) received 10,000 ETH from the Ethereum Foundation address 10 minutes after announcing its acquisition of 10,000 ETH from the Foundation. Since early June, SharpLink Gaming has been accumulating ETH reserves following a MicroStrategy-style strategy, having purchased a total of 232,000 ETH at an average price of approximately $2,615. The current unrealized profit stands at $84.25 million.
- 15:32Tether to Discontinue USDT Support on Omni, Bitcoin Cash, Kusama, EOS, and Algorand ChainsForesight News reports that Tether has announced it will end support for USDT on five blockchains—Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand—effective September 1, 2025. At that time, redemptions will cease and any remaining tokens on these chains will be frozen. Tether stated that this move is part of a strategic infrastructure review aimed at optimizing resource allocation and focusing on chains with greater scalability, developer activity, and community engagement, such as Layer 2 solutions like the Lightning Network and emerging blockchains. These five chains played a significant role in Tether’s early development, but USDT usage on them has declined sharply over the past two years. Tether CEO Paolo Ardoino said that discontinuing support for legacy chains will help the company concentrate on key platforms driving stablecoin adoption. Users currently holding USDT on these chains are advised to redeem or migrate their tokens to supported chains through service providers as soon as possible.
- 15:32U.S. House of Representatives to Vote on Three Cryptocurrency Bills as DeFi Community Secures Safeguard ProvisionsForesight News reports, according to CryptoInAmerica, that the U.S. House of Representatives plans to vote on three major cryptocurrency bills during "Crypto Week," including the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance State Act. Among them, the CLARITY Act has recently sparked controversy, with the DeFi community accusing the CME Group of attempting to protect its dominance in the futures market by amending the bill's provisions and restricting the development of decentralized trading protocols. Thanks to active lobbying by organizations such as the DeFi Education Fund, lawmakers have reinstated key provisions that protect decentralized developers. Meanwhile, the Senate will also release its market structure discussion draft and hold hearings focused on federal regulation of digital commodities.