24H Trending Coins and Headlines｜Robinhood Chain Mainnet Officially Launches; Securitize to List on NYSE (July 2)
- Core View: The cryptocurrency market has shown active performance within 24 hours, with SOL and ADA rising over 6%, and some altcoins like AERGO surging over 23%. Meanwhile, the launch of the Robinhood Chain mainnet, dYdX's product preview, and Solana's introduction of an on-chain governance mechanism have become industry focal points.
- Key Elements:
- General rise in major coins: BTC up 2.86%, ETH up 2.76%, SOL up 6.36%, CELO up 15.32%, ADA up 7.52%.
- Robinhood launches its Layer 2 network, Robinhood Chain, built on Arbitrum technology stack, supporting tokenized stocks, perpetual contracts, and AI agent trading.
- Solana launches on-chain governance mechanism SGP, where proposals require at least 15% of total network staked support to initiate voting.
- Ripple stablecoin RLUSD achieves eight milestones, including being used by Mastercard for its settlement network and expanding into the Turkish market.
- US regulatory tightening: Tennessee completely bans crypto ATMs; Georgia implements transaction limits and new reporting regulations.
- Venice AI secures $65 million in funding at a $1 billion valuation, led by Dragonfly with participation from Coinbase Ventures.
1. Popular Coins on CEX
CEX Top 10 Trading Volume & 24h Change:
- BTC: + 2.86%
- ETH: + 2.76%
- SOL: + 6.36%
- XPP: + 2.01%
- BNB: + 0.94%
- CELO: + 15.32%
- DOGE: + 1.68%
- ADA: + 7.52%
- TRX: + 0.57%
- XLM: - 0.51%
- ZEC: + 5.23%
24h Gainers (Data source: OKX):
- AERGO: + 23.18%
- BASED: + 16.86%
- CELO: + 15.32%
- PIXEL: + 15.26%
- NES: + 15.18%
- FLUID: + 14.30%
- RESOLV: + 13.27%
- VINE: + 12.67%
- JUP: + 12.36%
- MORPHO: + 12.10%
24h Crypto-Stock Gainers (Data source: msx.com):
- STKE.M: 58.12%
- SOXS.M: 18.83%
- CONL.M: 18.03%
- MSTX.M: 18.01%
- ICG.M: 17.14%
- RDDT.M: 12.92%
- UPXI.M: 12.34%
- SUIG.M: 12.07%
- BTCT.M: 9.30%
- DFDV.M: 9.18%
2. Trending Meme Coins On-Chain (Data source: GMGN):
- ANSEM
- Hakimi
Headlines
Robinhood has announced the official launch of its proprietary Layer 2 network, Robinhood Chain, on the public mainnet. Built on the Arbitrum tech stack, the chain is positioned as institution-grade, permissionless, AI-native, and specifically designed for Real World Assets (RWA).
Robinhood Chain's launch day partners include Uniswap, Pleiades, Alchemy, BitGo, and Chainlink. Uniswap will deploy a dedicated AMM on the chain as the primary public liquidity protocol, while Pleiades will deploy its own AMM as the primary proprietary trading venue. The chain will also offer basic DeFi functionalities such as lending.
Securitize to List on NYSE Under Ticker SECZ
Shares of Securitize are expected to begin trading on the New York Stock Exchange on Thursday under the ticker SECZ. Securitize is a tokenization company backed by BlackRock, having assisted BlackRock and other firms in issuing securities on-chain.
CRCL Removed from Russell 1000, Russell 3000, and Several Other Russell Growth Indexes
During the latest Annual Reconstitution, Circle (CRCL) has been removed from several major Russell Growth Indexes. This adjustment involves five key Russell Growth Indexes, including the Russell 1000 and Russell 3000, which serve as important tracking benchmarks for numerous institutional investors and passive funds.
Iranian Media: Iran Prepared to Sell Oil to All Countries Except Israel
According to Iran's official news agency Shana: Iran is prepared to sell oil to all countries except Israel. (Jin Shi)
Industry News
Tennessee Enacts Full Ban on Crypto ATMs, Georgia's Transaction Restrictions Take Effect
New regulations for cryptocurrency ATMs in the U.S. states of Tennessee and Georgia took effect on July 1. Tennessee implemented a comprehensive ban, while Georgia requires transaction limits and reporting obligations. Indiana had previously enacted a ban in March, and Minnesota is set to implement a similar ban on August 1. Approximately 185 crypto ATMs and kiosks were operational in Tennessee before the ban took effect. Multiple state governments have taken action due to frequent incidents where residents, particularly the elderly, are defrauded into transferring funds via crypto ATMs by scammers. Legislators in Delaware and New Jersey have proposed similar comprehensive ban proposals.
A Fox Business crypto reporter posted on platform X, stating that Wall Street is looking beyond the bear market, enforcement groups are continuing talks regarding Clarity, and Trump's crypto gains have drawn criticism from Senate Democrats.
Spanish Regulator Approves Venga for MiCA Authorization
The Spanish National Securities Market Commission has authorized cryptocurrency platform Venga to operate under the EU's Markets in Crypto-Assets Regulation (MiCA), making it one of the few entities in Spain to receive MiCA approval. The MiCA transition deadline took effect on July 1, requiring digital asset companies previously operating under national rules to obtain formal approval under the new framework or cease offering regulated services in the EU. This authorization allows Venga to provide services across the 27 EU member states under a single regulatory framework.
Project News
The official dYdX X account has been posting countdown teasers consecutively, now entering the final day. Since June 25, dYdX has released a series of countdown posts for "5 days," "4 days," "3 days," "2 days," and "1 day." Previously, dYdX stated, "Access the most powerful markets in the world, permissionlessly," and announced the official start of the countdown. Related news is expected to be announced tomorrow.
The Solana Foundation has announced the official launch of the on-chain governance mechanism, Solana Governance Proposals (SGPs). Validators can now submit, support, and decide on core protocol decisions via SGP. All proposals are conducted on-chain, utilizing a stake-weighted voting mechanism verified through Merkle proofs. Any validator with at least 100,000 SOL delegated can initiate an SGP. Distinct from Solana Improvement Documents, which focus on technical and protocol changes, SGPs are primarily used to express ecosystem governance opinions. Proposals must secure support from at least 15% of the total network stake before entering the formal voting phase.
Jack McDonald, Senior Vice President of Ripple's Stablecoin Business, disclosed eight recent developments regarding RLUSD in a post on X on June 29, covering settlement, regional access, on-chain liquidity, cross-border payments, multi-chain support, exchange listings, philanthropy, and the Japanese market. Mastercard has expanded its settlement capabilities to support RLUSD on eight blockchain networks, including the XRP Ledger. Ripple has also expanded RLUSD's availability in Turkey through partnerships with BiLira, Bitexen, and Bitlo, and partnered with Bitso to enable RLUSD and MXNB to support liquidity and cross-border transactions via XRP Ledger's Permissioned DEX.
The Ethereum Foundation's global policy strategy team has released a policy guide for governments and institutions, positioning Ethereum as critical public infrastructure. The report states that Ethereum has maintained uninterrupted operation since its launch in 2015, secured by approximately $76 billion in staked ETH as of March 2026, with a geographically diverse validator network, multiple independent client implementations, and a vast developer ecosystem. The Foundation notes that many current digital services rely on centralized intermediaries, presenting risks such as single points of failure, cyberattacks, or political pressure. Ethereum's decentralized architecture is better suited for applications like digital identity, public records, and asset tokenization. The report cites implemented cases such as decentralized identity initiatives in Bhutan and Buenos Aires, and Ethereum-based land registry projects in India, proving that governments have begun exploring this technology.
Funding
Venice AI Raises $65 Million at $1 Billion Valuation
Venice AI founder Erik Voorhees announced on Wednesday that the company completed its first external funding round, raising $65 million at a $1 billion valuation. The round was led by Dragonfly, with participation from North Island Ventures, Coinbase Ventures, Archetype, Liquid2 Ventures, and Morgan Creek.
Techdollar Raises $3 Million in Pre-Seed Round, NoLimit Holdings Among Participants
Techdollar has announced the completion of a $3 million Pre-Seed funding round, with participation from NoLimit Holdings, Reforge VC, and individual investors including Newmichwill, RoyLearner, and Ansem. The project operates as a blockchain-based private credit platform, allowing founders, employees, venture investors, and family offices to obtain loans collateralized by private tech company equity without selling shares.
People & Voices
Bitwise Europe Head of Research: BTC Likely to Bottom Out Early, Before the Widely Expected October
André Dragosch, Head of Research at Bitwise Europe, suggested that July appears poised to be a turning point for BTC from a bear market to a bull market. If semiconductor stocks experience a sharp reversal from current levels, the Federal Reserve might react dovishly. His base case prediction is that Bitcoin is likely to bottom out earlier than the widely anticipated market bottom in October.
