4 Jul 2025, 19:11

Solana captures 95% of tokenized stock trading volume in massive DeFi pivot

The recent launch of the xStocks platform enabled Solana to quickly achieve dominance in stock market tokenization. Solana has rapidly become a leader in stock-based real-world assets. According to the data analytics platform SolanaFloor , the launch of Backed Finance’s xStocks platform helped Solana capture dominance in tokenized stock trading. Notably, data from Dune Analytics shows that since xStocks’ launch on June 30, Solana has accounted for more than 95% of all tokenized stock trading volume. Currently, xStocks offers 60 tokenized assets on its platform, 55 stocks and 5 ETFs. Onchain stock token volume by blockchain | Source: Dune Analytics On the first day of trading, xStocks’ volume surpassed $1.3 million, with Strategy’s stocks capturing 30% of that figure. However, stocks and indices like Tesla and the S&P 500 quickly overtook it in trading activity. The $SPYx tokenized stock recorded $4.67 million in daily volume on July 2, representing more than 50% of all trading that day. Still, by July 3, trading volumes had dropped by more than half, indicating that initial trading enthusiasm had cooled. You might also like: Kraken lists tokenized U.S. stocks with 24/5 trading via xStocks xStocks AUM reaches $48.6 million Despite the decline in trading volumes, major users on the platform continued to hold their stock tokens. On July 3, xStocks’ assets under management reached $48.6 million. The leading asset was the $SPYx token, with $6.9 million in AUM. $METAx followed with $4.3 million, and $TSLAx came in third at $3.4 million. The total assets under management on xStocks on July 3 | Source: SolanaFloor The platform also saw significant user adoption, with over 20,000 unique wallets holding tokenized stocks. Among them, the $SPYx token was the most popular, held by more than 10,000 wallets. $TSLAx and $NVDAx followed, with 8,100 and 5,500 holders, respectively. Still, despite this early engagement, liquidity remains low, SolanaFloor cautioned. The platform noted that liquidity will likely be the key factor in determining whether tokenized stock trading on Solana proves viable. Read more: First U.S. Solana staking ETF debuts with $33M in volume, $12M in inflows

4 Jul 2025, 19:00

Nano Labs make $50M BNB bet – Eyes $1B crypto treasury

Nasdaq-listed firm triggers rally in BNB after bold crypto move.

4 Jul 2025, 19:00

Dogecoin Price Tests Resistance Again: Investors Turn to Pepeto, Could Be the Best Memecoin to Buy in 2025

Dogecoin (DOGE) has continued experimenting with price stability, as it struggles to maintain the best memecoin position. While currently trading at $0.16, DOGE has tried several times to support a $0.1745 price movement, after a 5% price drop. However, a -4% price movement was observed from last week after it had reached $0.16. Investors have turned to a safer spot searching for a haven, which Pepeto (PEPETO) has offered. This piece explains the recent investors’ attitude and the reason behind it. It also discusses what makes Pepeto the best memecoin to buy in 2025, as it continues to make headway into the green zone. DOGE struggles To Maintain Position As The Best meme coin: Investors React DOGE has accounted for $1,684,014,795 in trading volume in the last 24 hours. The coin succeeded in breaking its 50-day dominance, a sign of an impending bullish reversal. This is expected to come with a new high and low pattern. The new $0.17 price resistance is considered sensitive, believing it could give way for a $0.20+ price movement. The rising volume and momentum in its Relative Strength Index (RSI) are also expected to support the activity. Investors have reacted, linking the increasing trading volume and RSI to a possible bullish sentiment. This has also triggered a possible reinforcement, introducing a sustained upward movement. Investors Rally Around Pepeto As It Moves To Emerge as the Best Memecoin of 2025 Known as the God of Frog, Pepeto is a memecoin purposely designed to offer investors real and sustainable value in their investment. Pepeto developers do this by combining basic technological principles and optimization, a major feature lacking in most memecoins. A first sneak peek into the $Pepeto Exchange is finally here. Live trading charts, swap and bridge features, and over 850 high-quality tokens already approved for listing once $Pepeto secures its Tier 1 exchange. While markets remain uncertain, the team behind the God of Frogs… pic.twitter.com/ndk5gYs6y4 — Pepeto (@Pepetocoin) June 23, 2025 Having raised $5.5 million in its presale season, it is embedded with features that ensure stability and long-term growth. With a successful presale season, investors have rallied around it as a safe zone against the struggling DOGE. As part of its post-launch plans, the management is looking to introduce the coin on five major exchanges. This will, in turn, improve its scalability, hence increasing acceptance. With a total supply of 420 trillion and valued at $0.000000138 presale price, Pepeto is looking to one day dominate the entire memecoin space. This is through its efforts to establish a memecoin-only exchange platform. The company has set aside 30% of its reserves to reward stakeholders, while setting aside 12.5% to maintain liquidity in the market. Conclusion While investors continue to seek a better alternative and don’t mind jumping into the next performing coin, Pepeto has continuously given them a reason to seek refuge in it. Chances are, DOGE will continue to struggle to maintain the $0.17 position for some time, while most of its investors will continue to rely on Pepeto until it gets back on track. More investors are expected to buy into Pepeto before its official launch, since its features and a possible bull run after the first week of its launch are very likely. Pepeto’s real values, including its ability to stand as a bridge between memecoin and other cryptocurrencies, strongly determine Pepeto’s positive feature performance. This is certain because the 7.5% coin reserves are solely allocated to Pepeto’s project development. Lastly, the cryptocurrency market has proven on several occasions to be unpredictable. Chances are that Pepeto looks promising, as seen in its features, technology, and its integrated operations. With over $5.5 million already raised in its presale season, Pepeto is looking to one day dominate the memecoin scene. This vision is already in motion, considering the 7.5% of its reserve allocated to project development, and 12.5% for maintaining liquidity in the market, which will in turn improve market stability. About Pepeto Pepeto is a memecoin designed to be a bridge-building coin in the memecoin market. The coin is working to gain massive integration, hence its enormous marketing strategy. The coin has also built a strong community base, which has been consistent in promoting the coin’s efficiency. Media links Website: https://pepeto.io/ X (Twitter): https://x.com/Pepetocoin YouTube Channel: https://www.youtube.com/@Pepetocoin Telegram Channel: https://t.me/pepeto_channel Instagram: https://www.instagram.com/pepetocoin/ TikTok: https://www.tiktok.com/@pepetocoin

4 Jul 2025, 18:40

Turkey’s SPK May Restrict PancakeSwap Over Unlicensed Crypto Services Amid Broader Platform Crackdown

Turkey’s Capital Markets Board (SPK) has taken decisive action by blocking PancakeSwap, a prominent decentralized exchange, for operating without a proper license under Capital Markets Law 6362. This move is

4 Jul 2025, 18:37

Turkey’s Regulator May Block PancakeSwap Among Sites Offering Unauthorized Crypto Services

Turkey’s financial regulator has taken decisive action by blocking 46 websites, including the prominent decentralized exchange PancakeSwap, citing unauthorized crypto asset services. This move underscores Turkey’s ongoing efforts to tighten

4 Jul 2025, 18:18

This Critical Binance Metric Suggests Incoming Surprises for Bitcoin: What You Need to Know

Binance’s net taker volume surged past $100 million just ahead of the latest US Nonfarm Payrolls (NFP) report. Such a trend points to aggressive buying as traders position for a key macroeconomic catalyst. Binance Sees Aggressive Buy Orders In its latest analysis, CryptoQuant revealed thaft this spike reflects large market buy orders on Binance, indicating strong bullish sentiment or speculative bets on continued market momentum. The US labor market report, released shortly after, showed Nonfarm Payrolls increasing by 147,000 in June. This figure exceeded analysts’ expectations of 110,000-118,000. The unemployment rate also fell to 4.1% from 4.2% in May and was the lowest level since February, according to the Bureau of Labor Statistics. The stronger-than-expected employment data reduces the chances of near-term rate cuts, ultimately backing the Fed’s plan to maintain higher rates to control inflation. Market-implied probabilities now reveal a 95% chance the Fed will hold rates steady at its July meeting, as it rose from 75% before the jobs report was released. A resilient jobs market has strengthened the US dollar, as expectations of delayed or reduced interest rate cuts make the currency more attractive relative to others. Historically, strong NFP data and hawkish Fed expectations have weighed on risk assets, including Bitcoin, as a firmer dollar environment tends to reduce the relative appeal of alternative assets. The combination of Binance’s aggressive buy-side activity and the strong jobs report could pave the way for potential volatility in crypto markets as traders assess the Fed’s policy outlook and the broader macro environment. After US jobs data beat forecasts, Bitcoin briefly climbed above $110K before retreating to $108.8K. July Seasonality Fuel Optimism As per crypto analyst Daan Crypto Trades’ observation, holding above $108K is critical for the leading crypto asset to avoid a downward spiral. He considers a close near the $110K region a healthy sign. Meanwhile, Matrixport noted that July has historically been a strong month for Bitcoin, as 7 out of the last 10 Julys have closed positively and have an average return of over 9.1%. Supported by the improving Fed outlook and post-July 4 optimism, the next few weeks could offer a final push higher before another round of consolidation. The Greed & Fear Index is also bottoming out, a signal that often precedes upward momentum in Bitcoin’s price. The post This Critical Binance Metric Suggests Incoming Surprises for Bitcoin: What You Need to Know appeared first on CryptoPotato .