1. Popular CEX currencies

Top 10 CEX trading volume and 24-hour price changes:

1. BTC -2.47%
2. ETH -3.88%
3. XRP -4.60%
4. SOL -5.34%
5. BNB -1.24%
6. DOGE -6.40%
7. ERA -7.57%
8. SUI -6.55%
9. ENA -4.88%
10. PENGU -5.69%

24-hour price increase list (data source: OKX):

1. MENGO +9.53%
2. MEMEFI +8.72%
3. MEME +8.05%
4. SC +4.33%
5. ICE +3.11%
6. DUCK +2.82%
7. TON +2.02%
8. POLYDOGE +1.47%
9. IP +1.11%
10. NOT +1.10%

2.24 Hour Hot Search Coins

• BNKR: BankrCoin is the native token of the Coinbase Base blockchain. Issued by Bankr, the AI-powered digital asset trading assistant, it is used to share platform transaction fees, participate in governance, and provide ecosystem incentives. BNKR has seen a 24-hour increase of approximately 60%–80%, reaching new all-time highs for several consecutive days, and has seen a total increase of approximately 98% over the past seven days.

Headlines

Several companies filed amended S-1 filings for SOL ETF registration statements

Franklin Templeton, Bitwise, Fidelity, Canary Capital, CoinShares, Grayscale, and VanEck filed amendments to their S-1 registration statements with the U.S. Securities and Exchange Commission (SEC). Grayscale's filing disclosed plans to charge a 2.5% fee on its fund, payable in Sol (SOL). The SEC is weighing several proposals for Sol (SOL) ETFs, as well as dozens of funds tracking cryptocurrencies like Ripple (XRP) and Dogecoin (DOGE). Under the Trump administration, the SEC has taken a friendlier stance toward digital assets, indicating it may eventually approve these funds.

Sonic updated the first quarter airdrop qualification, the minimum application standard was reduced from 200 S to 5 S

Sonic officially announced that the first quarter airdrop qualifications have been updated. The minimum claimable standard has been reduced from 200 S to 5 S, and each address can obtain 70 S for each Shard.

SEC announces launch of "Project Crypto" initiative to promote the United States as a global crypto hub

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins recently announced the launch of "Project Crypto," a Commission-level initiative aimed at modernizing securities regulations to promote the on-chain nature of U.S. financial markets and support President Trump's vision of making the United States a "global crypto hub." The initiative will focus on bringing crypto asset issuance back to the U.S., establishing clear and concise rules for the issuance, custody, and trading of crypto assets, and updating existing regulations to accommodate on-chain software systems.

Industry News

Trump sets tariff rates for several trading partners ranging from 10% to 41%

US President Trump signed an executive order, determining the "reciprocal tariff" rates to be imposed on multiple countries and regions, ranging from 10% to 41%.

South Korea's financial regulator plans to release guidelines for cryptocurrency lending services next month

South Korea's Financial Services Commission and the Financial Supervisory Service, along with the Digital Asset Exchange Association (DAXA) and five major crypto exchanges, today established a "Virtual Asset Lending Services" Task Force (TF) and held its first meeting. The Task Force plans to develop regulatory guidelines. Drawing on both international and local regulatory experience, the guidelines will cover topics such as leverage ratios, service recipients, loanable asset ranges, user education, and risk warnings. The guidelines will also examine exchanges' internal control standards and high-risk services. The guidelines are expected to be released next month and incorporated into the second phase of virtual asset legislation.

Project News

Strategy's Q2 revenue hits record high, and it submits $4.2 billion STRC issuance to purchase more Bitcoin

Strategy (ticker: MSTR) reported record operating revenue for its second quarter of 2025, reaching approximately $14.03 billion, a 7,106% increase compared to the same period last year. This revenue included unrealized gains of $14 billion on Strategy's digital assets. As of July 30, Strategy held 628,791 bitcoins, valued at $46.07 billion, or $73,277 per bitcoin. Simultaneously with the release of its financial report, Strategy filed for a $4.2 billion STRC offering and will use the proceeds to purchase additional bitcoin.

Coinbase added 2,509 BTC to its holdings in Q2, with revenue of $1.5 billion slightly below expectations.

Coinbase reported second-quarter results that fell short of expectations, with revenue of $1.5 billion, below analysts' expectations of $1.59 billion and up from $1.45 billion in the same period last year. Trading revenue was $764.3 million, below the expected $814 million. Coinbase reported a data breach that cost the company $307 million. The company increased its holdings of 2,509 BTC in the second quarter and stated it is in the process of purchasing more.

Strategy announces Q2 2025 financial results, with net profit of $10 billion and earnings per share of $32.6

Strategy announced its second-quarter 2025 financial results: operating revenue reached $14 billion, net profit reached $10 billion, and earnings per share reached $32.60. Its fiscal 2025 guidance projects full-year operating revenue of $34 billion, net profit of $24 billion, and earnings per share of $80. Regarding its Bitcoin-related businesses, Strategy projects a 30% return on Bitcoin in 2025, with Bitcoin-related revenue reaching $20 billion.

Empery Digital purchased 303 BTC, bringing its total holdings to 3,803.

Digital asset management company Empery Digital (formerly Volcon) announced the purchase of 303 BTC, bringing its total BTC holdings to 3,803.

Pudgy Penguins CEO: The team has participated in US encryption legislation, and the Pengu ETF will cover tokens and NFTs

Pudgy Penguins CEO Luca Netz stated that the Pudgy Penguins team and Abstract have officially participated in US cryptocurrency legislation as government advisors and have made multiple trips to Washington, D.C. to submit relevant proposals. The team has now submitted an application for the PENGU ETF, which will cover PENGU tokens and NFTs.

Polygon Foundation: RPC services have been fully restored and user access is normal

The Polygon Foundation stated on social media that all RPC services have now been fully restored, and user-side services have also returned to normal. The team has fixed the root cause of the issue and will take measures to prevent similar incidents from happening again. A full post-incident analysis report will be released later.

Investment and Financing

Star Road Technology completes nearly 10 million US dollars in Series A financing, with participation from Solana Foundation and others

According to the official account of Fosun's Star Road Technology, Fosun Wealth International Holdings Co., Ltd., a digital wealth management platform under Fosun, and its incubated subsidiary, Star Road Fintech Holdings Co., Ltd., announced that Star Road Technology has completed nearly US$10 million in Series A funding. Investors include the Solana Foundation and several Web 3 institutions and wealth management companies. Fosun Wealth International Holdings has also reportedly registered trademarks such as "Fosun International Crypto," "Fosun Wealth RWA," and "Star Coin" in Hong Kong, signaling its accelerated expansion into the crypto and virtual asset sectors.

Blockchain gaming project ARIA completes $5 million in financing, led by Folius Ventures and others

Blockchain gaming project ARIA announced the completion of a $5 million funding round led by Folius Ventures, The Spartan Group, and Beam Foundation, with participation from Animoca Brands and Galaxy Gaming. Officials stated that this round of funding will accelerate the creation of next-generation Web 3 games with AAA gaming experiences and fuel global expansion plans.

Payment service provider Due completes $7.3 million seed round of financing, led by Speedinvest

Payment service provider Due has raised $7.3 million in seed funding led by Speedinvest, with participation from Semantic Ventures, Fabric Ventures, Strobe Ventures, and Polymorphic Capital. Due is integrating local payment rails, liquidity markets, and blockchain networks into a unified infrastructure.

Character Voice

Trump: Powell is not fit to be Fed chairman because he won't cut interest rates again

Trump said that Powell did not cut interest rates again, he acted too late, and in fact, he was too angry, too stupid, and too political to be the chairman of the Federal Reserve.

Deputy Secretary for Justice of Hong Kong: Stablecoin Ordinance will create a trustworthy market environment with three pillars

Hong Kong's Deputy Secretary for Justice, Cheung Kwok-kwan, stated that the Stablecoin Ordinance, which will come into effect on August 1, will establish a clear and transparent legal framework through three pillars: a licensing system, asset reserve management, and technical and behavioral oversight, fostering an orderly and healthy stablecoin market. He noted that the ordinance will help strengthen international confidence in Hong Kong as a global financial center.

Hong Kong Monetary Authority: Stablecoin issuers must "identify and prevent" customers from using VPNs

According to the Hong Kong Monetary Authority's "Guidelines for the Supervision of Licensed Stablecoin Issuers under the Stablecoin Ordinance", the Hong Kong Monetary Authority requires licensed stablecoin issuers to "ensure that they do not issue or offer specified stablecoins in jurisdictions where trading in specified stablecoins is prohibited" and that "licensed persons should implement control measures to mitigate the risks of location masking (such as the use of virtual private networks, or VPNs) in remote customer identity authentication procedures and during daily operations."