
HBAR Gains 2.1% Amid AI Push, Energy Sector Partnership, and ETF Developments - HBAR’s up 2.1% right now—sitting at $0.1519 as of Sunday evening. Not a bad weekend for Hedera, honestly. That bump? It’s not just random hype. There’s been a whole flurry of stuff going on lately: some AI moves, a fresh energy sector collab, and, yeah, even ETF buzz. Feels like everyone’s throwing something at the wall to see what sticks—and some of it actually is.
So, first off, there’s this Blockchain for Energy crew (B4E—because crypto loves a good acronym). They just hopped on the Hedera Governing Council train. These folks are all about cleaning up how energy data gets handled—think carbon tracking, sustainability, the whole green spiel. They were already using Hedera’s network, but now they’ve got a seat at the governance table. Means they can run their own node and actually have a say in stuff like how emissions data gets reported. Pretty grown-up, if you ask me. HBAR Gains 2.1% Amid AI Push, Energy Sector Partnership, and ETF Developments Then, like, forty-eight hours later, Hedera drops their AI Studio. This is a toolkit for devs who want to get into building AI-powered dapps. It comes with something called an Agent Kit (sounds fancy, right?) that plays nice with LangChain, which basically lets AI bots talk to Hedera services using human-ish language. The idea is to make this stuff less intimidating for newbies, but also to keep things transparent and on-chain so no one’s cooking the books. Not going to lie, it’s a smart move—AI hype isn’t slowing down anytime soon. Oh, and gaming? Yeah, Hedera’s poking its nose in there, too. The Foundation just teamed up with The Binary Holdings (they’re into Web3 infrastructure, whatever that means). The partnership’s all about rolling out Hedera-based games to folks in Southeast Asia through this app store called OneWave. Apparently, it’s already tied up with mobile carriers in Indonesia and the Philippines, so there are, like, 169 million potential users on deck. Web3 rewards, on-chain IDs—the whole nine yards. Southeast Asia’s about to get a big dose of blockchain gaming, whether they asked for it or not. And if all that wasn’t enough, there’s the ETF thing. The SEC is poking around a proposal for a Canary HBAR ETF. Translation: if this thing gets the green light, regular investors could buy HBAR exposure like they’d buy any other stock or crypto ETF. Comment period’s open, decision comes down July 7. But, you know, regulators gonna regulate—there’s still a ton of uncertainty, and nobody’s quite sure what the long-term play for HBAR even is. Still, the potential’s there if the suits ever make up their minds. In short: HBAR’s not just chilling in the background anymore. It’s making moves, and people are starting to notice. Related Reading : https://www.topcoinindex.com/news/sol-price-jumps-to-161-on-etf-announcement-but-can-the-momentum-lastadmin
01 July 2025
SOL Price Jumps to $161 on ETF Announcement — But Can the Momentum Last? - Solana’s native token, SOL, saw a sharp 7% spike on Monday, briefly reaching $161, following the news that the first Solana-based exchange-traded fund (ETF) with staking features would debut on Wednesday. This triggered speculation among traders and investors about whether this development could ignite institutional interest and potentially push SOL past the $200 mark.
Despite the initial excitement, SOL later settled at around $157 — still up roughly 4% from the previous day. The ETF is being launched through a collaboration between REX Shares and Osprey Funds, utilizing a taxable C-corporation structure. This approach allows them to sidestep the traditional approval process of the U.S. Securities and Exchange Commission (SEC), unlike the standard Bitcoin and Ethereum spot ETFs already available in the U.S.
While this setup allows for a faster and less bureaucratic rollout — a tactic often used in energy sector ETFs — it does come with trade-offs. The tax structure is less favorable, as the ETF will face double taxation: once at the corporate level and again on dividends for investors.
Following the announcement, market optimism began to cool as traders recognized that similar ETFs could easily be developed for other altcoins, diminishing Solana's first-mover advantage. Furthermore, Grayscale’s Solana Trust (GSOL) — which has been available for over two years — currently manages only about $75 million in assets. For perspective, the Grayscale Ethereum Trust (ETHE) held a massive $10 billion just a month before the U.S. launched Ethereum spot ETFs in July 2024. This sharp contrast highlights a clear lack of large-scale institutional appetite for SOL, at least for now.
SOL Price Jumps to $161 on ETF Announcement — But Can the Momentum Last?
Even if Solana temporarily benefits from being the first to market with a staking-enabled ETF, it faces several headwinds. One of the biggest is the impending unlock of staked SOL. According to DefiLlama, roughly $585 million worth of SOL is set to be released from staking contracts over the next two months — which could increase selling pressure.
In addition, some of Solana’s most active decentralized applications (DApps) have consistently offloaded SOL. For example, Pump, a platform used for launching tokens, has sent over $404 million worth of SOL to exchanges in 2025 alone, according to Onchain Lens.
Despite the positive ETF news, SOL’s recent price performance hasn’t significantly outpaced rivals like Ethereum (ETH) or Binance Coin (BNB). Over the past 30 days, they’ve all shown fairly similar trends.
The SOL futures funding rate — a key indicator of market sentiment — suggests that traders are not overwhelmingly bullish. When demand for long positions heats up, the funding rate typically exceeds 10% annually. But even after a 12.5% rally in just four days, SOL’s funding rate remains below that neutral threshold.
At the current price of $157, SOL still lags nearly 47% below its all-time high of $295. Moreover, onchain activity hasn't bounced back, and Solana’s network revenue has dropped over 90% since January, even with temporary hype around memecoins.
Further denting sentiment, Robinhood recently chose an Ethereum layer-2 solution over Solana to launch tokenized stock trading. Similarly, Coinbase and Shopify have teamed up to enable onchain payments through Base, which ultimately settles on Ethereum’s mainnet — not Solana.
While the Solana ETF launch is a milestone and could offer short-term excitement, there’s little evidence it will spark a sustained rally to $200. With mounting competition, looming token unlocks, and lukewarm institutional interest, the path forward for SOL remains uncertain — and investors may need more than just an ETF to fuel the next leg up.
Related Reading : https://www.topcoinindex.com/news/xrp-price-watch-are-bulls-finally-ready-to-smash-the-2-25-wall
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01 July 2025
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30 June 2025
Aptos Blockchain Gains Traction with Real-World Asset Tokenization - The Aptos blockchain has seen a sharp rise in real-world asset (RWA) tokenization activity recently, with traditional asset managers increasingly bringing assets onchain. The total value of tokenized assets on Aptos now exceeds $540 million, reflecting a growing trend among institutional players embracing blockchain technology.
Data from RWA.xyz shows that over the past month alone, the total value of RWAs on Aptos has jumped by 57.1%, reaching $542.3 million. This rapid growth has propelled Aptos into the ranks of the top three blockchains for RWA deployment, trailing only Ethereum and ZKsync Era.
Some of the major contributors to Aptos’s RWA ecosystem include Berkeley Square from the PACT Consortium, BlackRock’s BUIDL fund—launched on Aptos in November—and Franklin Templeton’s BENJI token.
While Ethereum still dominates the RWA space with nearly $7.6 billion in assets, its recent growth has been relatively modest, rising just 5.4% over the last 30 days. Despite this slowdown, Ethereum continues to command 59% of the total RWA market as of June, according to a new report from RedStone.
Aptos Blockchain Gains Traction with Real-World Asset Tokenization
Beyond asset tokenization, Aptos is also drawing attention from government entities. The U.S. state of Wyoming has shortlisted Aptos as a leading candidate for its state-backed stablecoin initiative, known as WYST.
As reported by Cointelegraph, the Wyoming Stable Token Commission evaluated over ten blockchain platforms for the pilot program and awarded Aptos the highest technical score. The WYST project, launched in 2023, aims to create a dollar-pegged stablecoin backed by U.S. Treasury bonds. If successful, it could position Wyoming as a pioneer in state-level blockchain innovation while also generating revenue from interest on those bonds.
Solomon Tesfaye, head of capital markets at Aptos Labs, confirmed that while Wyoming has not yet committed to building on Aptos, the blockchain earned top marks for key criteria such as transaction throughput, low fees, fast finality, strong vendor support, and robust security.
Alongside Aptos, the Sei blockchain was also named as a finalist for the WYST pilot, earning a total technical score of 30 points.
Related Reading : https://www.topcoinindex.com/news/solana-climbs-to-second-place-in-dex-trading-volumes-could-sol-price-follow-suit
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28 June 2025
Solana Climbs to Second Place in DEX Trading Volumes — Could SOL Price Follow Suit? - Solana’s native cryptocurrency, SOL, has dropped about 15% after failing to break past the $168 resistance on June 12. This downward trend came amid a slowdown in network activity and waning interest in memecoins.
Despite this, Solana recently reclaimed its spot as the second-largest player in decentralized exchange (DEX) trading volumes, sparking speculation about whether SOL can push back toward the $180 price level soon.
According to DefiLlama, Solana’s DEX volume over the past 30 days hit $64.1 billion, edging out Ethereum’s $61.4 billion. Binance Smart Chain (BNB Chain) still leads comfortably with $159.6 billion in the same timeframe. Throughout June, Solana steadily expanded its share of the DEX market.
The main engines behind this growth are platforms like Raydium, which recorded $19.1 billion in volume, followed by Pump.fun with $14.2 billion, and Orca at $13.9 billion. However, it’s worth noting that overall DEX activity on Solana is still down 91% compared to its peak in January.
The memecoin craze that once fueled excitement on Solana seems to be fading fast. Over the past two weeks, many memecoins have tumbled by 25% or more — Giga fell 42%, Popcat lost 35%, while Fartcoin and PNUT each dropped 31%. Even popular tokens like Bonk and WIF declined by a quarter. These sharp declines have cast a shadow over the optimism generated by Solana’s increasing DEX volume.
Adding to concerns among SOL holders is the rapid rise of Hyperliquid, which has become the go-to blockchain for perpetual contract trading. This has drawn attention away from Ethereum’s layer-2 solutions and decentralized apps (DApps) on both Solana and BNB Chain.
DefiLlama data highlights that Hyperliquid’s 30-day trading volume is 84% greater than the combined total of its five closest rivals. This dominance has fueled rumors that other projects might spin off their own independent blockchains — possibly including big Solana-based DApps like Pump.fun.
Solana Climbs to Second Place in DEX Trading Volumes — Could SOL Price Follow Suit?
Such developments have shaken confidence in Solana’s ability to become the leading blockchain platform. This uncertainty is reflected in the derivatives markets, where demand for leveraged long positions on SOL has weakened.
Typically, in a balanced market, perpetual futures maintain an annualized funding rate of 5% to 12% for long positions. When this rate turns negative, it signals bearish sentiment because short sellers are paying to hold their positions. Over the past month, SOL’s derivatives data has shown little sustained bullishness.
Looking ahead, the biggest potential upside for SOL could come from the US Securities and Exchange Commission’s decision on a Solana spot exchange-traded fund (ETF), expected by October. Until then, supporters are banking on Solana’s technical advantages to drive a price rebound.
Davo from Drift Protocol pointed out Solana’s strong base layer facilitates “asset availability,” meaning tokens can be directly used as collateral. He also highlighted the lack of an “offchain matching engine,” which protects DEX users from unfair transaction reordering or front-running.
While Solana is often linked to memecoins and token launches, its ecosystem offers much more, with diverse use cases. Although Hyperliquid’s rise stands out, other new blockchains like Berachain have struggled to maintain significant user deposits. Considering Solana’s low fees and impressive scalability, a return to the $180 level could happen even before the ETF verdict arrives in October.
Related Reading : https://www.topcoinindex.com/news/invesco-galaxy-seeks-sec-nod-for-new-solana-etf
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28 June 2025
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