Solana signals 40% crash versus Ethereum amid cooling memecoin craze

Key takeaways: SOL/ETH has broken below a rising wedge pattern, signaling a potential 40% decline. Solana’s memecoin revenue has collapsed since April, weakening its core value proposition. Standard Chartered warns Solana may underperform as Ethereum’s L2 ecosystem grows more competitive. Solana’s (SOL) multiyear outperformance against Ethereum’s native token, Ether (ETH), is losing momentum, with technical … Read more

RBI Expands Digital Rupee Pilots, UPI Leads Global Real-Time Payments

The Reserve Bank of India (RBI) is set to broaden the reach of its digital rupee pilots by introducing new use cases and features for both its retail (e₹-Retail) and wholesale (e₹-Wholesale) central bank digital currencies (CBDCs), according to the central bank’s Annual Report for 2024–25. The central bank said it aims to explore programmability … Read more

Spinly: Retro Roots, On-Chain Power, and Player Control Reimagined

This content is provided by a sponsor. PRESS RELEASE. Spinly is what happens when arcade dreams and crypto rails collide at full throttle. It’s a neon-drenched, pixel-stacked gameverse where old-school vibes meet high-stakes gameplay. Think slot classics fused with skill-based quests, creator-built missions, and a Lounge that’s alive with sound, color, and chaos. Over 4,000 … Read more

Bubblemaps V2 launches Time Travel for rug pulls, insider activity

Blockchain intelligence platform Bubblemaps has launched the public version of its v2 product, offering new tools to help users detect insider activity and prevent memecoin-related scams. Announced on May 29, Bubblemaps v2 follows a private beta testing period that attracted over 200,000 users. New features include “Magic Nodes,” which uncover hidden wallet connections among tokenholders, … Read more

Sol Strategies hints $1B raise, DeFi Dev Corp liquid stakes

Solana-focused investment firm Sol Strategies filed a preliminary base shelf prospectus for up to $1 billion, as DeFi Development Corp. revealed it will adopt liquid-staked SOL for its treasury operations. According to a May 27 Sol Strategies announcement, the publicly traded Canadian Solana investment and infrastructure company “will be permitted to make offerings of common … Read more

El Salvador Passes IMF Review With Flying Colors Despite Its Bitcoin Purchases

The IMF reached a staff-level consensus on El Salvador’s performance in meeting the conditions required to receive a new disbursement. Regarding bitcoin, efforts will be made to ensure that the total amount of the cryptocurrency owned remains unchanged. El Salvador Overcomes IMF Review With a ‘Strong Performance’ The International Monetary Fund (IMF) has approved the … Read more

Ripple’s RLUSD Gains Traction on Euler Platform

Ripple has taken a significant step by listing its US Dollar-backed stablecoin, RLUSD, on the DeFi platform Euler Finance. This development occurs as institutional interest in Ripple’s offerings continues to burgeon. With RLUSD’s recent achievement of surpassing the $300 million mark, it is poised to make a substantial impact in the decentralized financial sector. What … Read more