Launched in 2018, the platform had grown into one of the most prominent analytics hubs for on-chain activity.
Solana is evolving faster than most market participants realize, and it has been celebrated for its blistering speed and low transaction costs. The BIT narrative movement within the SOL ecosystem is quietly driving a core evolution of the platform, cementing the network’s position as a leading blockchain. How BIT Is Reshaping The Solana Infrastructure BIT is quietly becoming one of Solana’s most underrated narratives right now. An analyst known as CryptoDoc has revealed on X that Bitdealernet is building an asset-backed meme launchpad, where every token launch on their platform is tied to real iGaming products with millions of active players. Related Reading: Solana DEX Volume Hits $5B as Best Wallet Token Surpasses $16.9M The project has integrated directly with major Solana Decentralized Finance (DeFi) platforms, including Meteora and Jupiter, which gives the token instant access to SOL’s premier DeFi tools. Additionally, it has established direct connections with popular trading platforms, including Axiom, Bonkbot, Photon, and BullX; an integration that provides liquidity, reach, and utility from day one. This project leverages over 4 million users across its gaming ecosystem this year alone. With the corporation of KOL rev share mechanics, which creates powerful incentives that align with the entire ecosystem to be deflationary by design. These features are why this looks like the next evolution of meme economics. According to cryptoDoc, this is not just another meme, but it’s a meme with a business behind it, and BIT is setting the new standard for sustainable meme tokens. Strategic Deployment Of The Bitdealer App Chain An X analyst, BCBlueSkyVC, has also mentioned that Bitdealer may still be in its early stages, but the vision it is building toward is undeniably massive. While Bitdealernet is currently laying its foundational pieces, the roadmap reveals a bold, structured direction with important steps. Related Reading: Western Union Reveals Plans For USDPT Stablecoin On Solana, Set To Debut In 2026 The rollout of the Bitdealer App Chain is creating its own dedicated infrastructure for the ecosystem and expanding the iGaming catalog to diversify the iGaming experience. This launching of NFT-based Player Profiles innovation transforms user identity into valuable digital assets, increasing transparency in token management and strengthening community trust. If executed with precision, Bitdealer could evolve into a segment-defining platform where meme culture meets iGaming utility and DeFi incentives to create a unified Web3 experience. The project’s vision is bold, and its direction is clear, which will make crypto a fun and transparent space to be in that truly rewards real users, not just speculators. Bitdealer is not simply building another launchpad, but it’s creating a cultural-financial hub on Solana, where digital culture, gaming, and decentralized finance resonate in oneness to reward real users. Featured image from Pxfuel, chart from Tradingview.com
The proposed Batch amendment for the XRP Ledger introduces atomic transaction capabilities.
The U.S. federal court has ruled that Bored Ape Yacht Club (BAYC) NFTs and ApeCoin do not meet the legal definition of securities. The verdict, delivered by Judge Fernando M. Olguin in California, dismissed a 2022 investor lawsuit accusing Yuga Labs, the creator of BAYC, of selling unregistered securities and misleading investors. The decision marks …
Crypto analyst Javon Marks has revealed that Shiba Inu has completed a bullish setup and that a rally of around 138% may be on the horizon. Fundamentals such as the new SEC rule also provide a bullish outlook for the foremost meme coin. Shiba Inu’s Bullish Setup Hints At 138% Rally In an X post, Marks said that Shiba Inu’s setup is still hinting at a rally of over 138%, which would send the SHIB price back to around $0.000032. He added that it is only a matter of time for this move to materialize as a bull signal holds confirmed, hinting at this move for the top meme coin. Related Reading: Shiba Inu Bulls Are Back: Here’s The 512 Billion SHIB Accumulation That Triggered A Spark Before now, Marks had highlighted a divergence confirmation for Shiba Inu, which led to his prediction that a bullish reversal could still be in the cards for the meme coin. SHIB has underperformed up till now, with a year-to-date (YTD) loss of around 38%. However, the analyst has claimed that SHIB could still rally to as high as $0.000081, which would bring it close to its current all-time high (ATH). The potential launch of a Shiba Inu ETF could be one of the catalysts that spark a parabolic run for the SHIB price. Marketing lead Lucie noted that SHIB has regulated futures on Coinbase, which makes it eligible for an ETF listing under the generic listing standards that the SEC just approved. Lucie stated that the big picture for Shiba Inu is that SHIB now joins the “ETF-watchlist club” with other futures-backed cryptos. She added that even before a SHIB-only ETF, the meme coin could be bundled into a multi-asset-backed ETF. A Shiba Inu ETF would inject new liquidity into the meme coin’s ecosystem and could spark higher prices. New ATH Incoming For SHIB In an X post, crypto analyst Shib Spain declared that a new ATH is incoming for Shiba Inu. He stated that the meme coin will bounce “hard” off the support zone around $0.000013 and rally to new highs. Crypto analyst Ragnar Shib remarked that SHIB is heating up, having recorded a 19% gain in the last 90 days. Related Reading: Shiba Inu Diamond Hands Are Refusing To Sell, Bulls Eye $0.00009 ATH The analyst stated that Shiba Inu remains the number one meme token on Ethereum and is fully decentralized, boasting a growing ecosystem that includes the layer-2 network Shibarium, as well as DeFi and NFT products. Crypto analyst Investing Haven highlighted that auto burns and the Shibarium upgrades continue within the SHIB ecosystem, which has helped reduce the circulating supply. However, he warned that the risk associated with the Shiba Inu ecosystem remains high. He also noted that SHIB is witnessing a tactical pullback, although the bull structure is still evolving. In line with this, he advised investors to track the burn rate and fixes in the Shiba Inu ecosystem. At the time of writing, the Shiba Inu price is trading at around $0.00001325, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
The digital passport stamps form part of Amex’s new travel app, designed to record and commemorate the travel experience.
Christie's pivot follows its high-profile role at Hong Kong Fintech Week 2024, where digital art and AI were center stage.
Further details will be released in October, nearly 12 months after it was initially announced.
The Shark Tank investor sees NFTs as a "fad," reveals investment thesis in high-end physical collectibles.
The NFT market saw a remarkable resurgence in July, outpacing DeFi in terms of user activity, according to an Aug. 7 DappRadar report. The shift marks a significant milestone and could indicate that NFTs are once again capturing the public’s attention following significant lull that has lasted since their fall in the 2022 bear market. […]
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Solana Labs CEO Anatoly Yakovenko stirred up heat this week by calling memecoins and NFTs “digital slop” with no real value. He made the remark on X as part of a back‑and‑forth with Base creator Jesse Pollak. Related Reading: Bitcoin’s New Clock: How Wall Street Killed The Old Cycle, According To Expert Yakovenko compared these tokens to loot boxes in free‑to‑play mobile games. His blunt take has drawn both praise and criticism from across the crypto world. Memecoins Face Harsh Words Yakovenko said he’s held this view since at least January 2024. He argued that the price people pay is all that gives these tokens any worth. Pollak shot back, saying that the content itself—like a painting hanging in a museum—carries its own value, no matter what you charge to see it. The debate has put a spotlight on how far Solana’s growth relies on the very things its leader dismisses. I’ve said this for years. Memecoins and NFTs are digital slop and have no intrinsic value. Like a mobile game loot box. People spend $150b a year on mobile gaming. — toly ???????? (@aeyakovenko) July 27, 2025 Solana Revenue Tied To ‘Slop’ According to Solana‑focused infrastructure firm Syndica, memecoins made up 62% of the network’s decentralized app revenue in June. That figure helped push Solana’s take to about $1.6 billion in the first half of 2025. Big chunks of that money came from Pump.fun’s launchpad and PumpSwap’s DEX aggregator. Yet Yakovenko said Apple’s loot boxes drive revenue for the App Store in much the same way—profitable but seen by many as exploitative. the content itself is valuable. ads are a way to monetize that value. but the content itself is valuable. just like a painting is fundamentally valuable, regardless of whether you charge people at the museum to see it. — jesse.base.eth (@jessepollak) July 27, 2025 Community Pushback Builds Critics have been quick to call him out. X user “Caps,” who writes for Flaunch, accused Yakovenko of mocking his own user base. Another commentator, Karbon, said he finds this stance “distasteful,” pointing out that Yakovenko promotes memecoins all the time, even while claiming they’re worthless. The clash has fans and skeptics debating whether it’s fair to scorn a market that’s so clearly feeding Solana’s growth. Competition Heats Up Meanwhile, a rival memecoin launchpad called LetBonk has been eating into Pump.fun’s lead. At various points, LetBonk even topped Pump.fun in 24‑hour revenue. Related Reading: Want Bitcoin Or Ether Exposure? Advisors Are Quietly Using Treasury Stocks—CEO This shows that users are ready to chase the next big token wherever it pops up. For Solana, it means more money in the short run but also more risk of instability if the hype shifts elsewhere. Featured image from iDrop News, chart from TradingView
Tokyo Beast, a cyberpunk blockchain RPG on Immutable zkEVM, will close on August 24th, just 45 days post-launch. Producer Naoki Motohashi attributed the shutdown to high operational costs and poor revenue. Refunds in USDC will be offered for NFTs and in-game assets. Despite Tokyo Beast’s closure, the larger TOKYO GAMES ecosystem remains active, continuing its …
Yuga Labs will need to continue defending its suit against Ryder Ripps, the creator of RR/BAYC.
The US Ninth Circuit Court of Appeals has overturned Yuga Labs’ $9 million trademark infringement award against artist Ryder Ripps and Jeremy Cahen. The court ruled that Yuga had not proven consumer confusion over Ripps’ “Ryder Ripps Bored Ape Yacht Club” NFTs allegedly mimicking Yuga’s Bored Ape Yacht Club collection. The lawsuit now returns to …
Animoca Brands co-founder and executive chair Yat Siu believes that a resurgence in the NFT sector could push Ethereum to all-time highs, surpassing its previous peak during the 2021 bull run. In a July 21 post on X, Siu highlighted the historical relationship between Ethereum’s price and NFT market activity. He noted that Ethereum last […]
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Ethereum is marking its 10th anniversary with a symbolic gesture and a technical leap forward for the blockchain network. Ethereum Toch NFT On July 20, the network revealed that it launched a ceremonial “Torch” NFT to celebrate the people and principles that have shaped its decentralized journey since July 30, 2015. According to Ethereum’s website: […]
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The move also lifted the floor price of Pudgy Penguin NFTs and increased volume by nearly 690%.
Hip Hop legend Snoop Dogg released a nearly 1 million non-fungible token (NFT) collection on Telegram, which sold out in minutes. The launch created massive interest online and raised over $10 million in sales. Related Reading: Bitcoin Back In ‘Retesting Phase’ After Key Level Reclaim – The Calm Before The Storm? Snoop Dogg’s Telegram Drop Raises $12 Million On Wednesday, Snoop Dogg launched digital collectibles on Telegram, igniting an NFT frenzy on the platform. The collection offered unique NFTs inspired by the rapper’s style, including multiple marijuana-themed collectibles, anthropomorphic beagles, and vintage cars. The drop is part of Telegram’s Collectible Gifts, unique works of art on the platform that can be displayed on profiles and have special attributes. As the website explains, the collectibles can be transferred between users or auctioned on NFT marketplaces. Telegram’s founder, Pavel Durov, revealed that the Snoop Dogg drop sold out in 30 minutes, selling 996,000 NFTs for $12 million, adding that “Blockchain minting and the secondary market go live in 21 days. It’s going to be wild.” Last week, Durov shared that the 4th of July-themed Gifts also sold out within minutes, with over 800,000 collectibles selling in 10 minutes. Amid the collectibles’ launch, the rapper promoted it alongside a new track titled “Gifts” on his official Telegram Channel. He shared the link to the song’s music video and tagged Durov’s Telegram channel, saying, “time to drop it like it’s hot.” In the track, Snoop Dogg shouts out Toncoin (TON), the native token of the TON Blockchain, and Telegram. “Plug in my phone, get dressed, and then I plot my play / Critical existence, digital resistance / Shifted, gifted, and lifted / (…) / Stickers and games on Telegram, guess it’s coming soon / My privacy is not for sale,” some of the lyrics read. Notably, this isn’t the rapper’s first NFT venture, as he entered the space when the sector first gained mainstream popularity in 2021 and dropped collections in 2022 and 2023. NFT Mania Making A Comeback? On X, NFT lead at the TON blockchain, Zenith highlighted the drop’s success, as some of the supply gifts sold out in less than 2 minutes. He explained that Telegram gifts have had a peak market capitalization of over $200 million and a trading volume of $122 million since their launch. According to the post, the first OG collection, the Plush Pepe, now has a floor price of 4,200 TON, worth $11,886. “They are NFT Collectibles that are on the TON Blockchain and inside of Telegram!” he noted. To Zenith, this could be the start of a new NFT narrative, adding that they “would not be surprised if other famous brands or web3 IPs would want to launch some gifts too!” However, they pointed out that it could also mean nothing for the sector. In a recent report, DappRadar shared that Q2 data revealed new narratives are emerging, while old ones are “making a comeback.” The report claims that “NFTs are becoming more affordable, but the interest hasn’t disappeared. On the contrary, it’s shifting in nature,” a trend the platform’s analysts have been observing “for a while.” Related Reading: Solana Ready For $160 Reclaim? Analysts Say Breakout Is A Matter Of Time Notably, NFT trading volume dropped by 45% in Q2, but sales increased by 78%. Meanwhile, the number of traders increased 20% from Q1, with an average of 668,598 monthly traders. “Taken together with the spike in sales, this suggests a slow but steady return of users to the NFT space, although likely for different motivations than in previous cycles,” the report concluded. Featured Image from Unsplash.com, Chart from TradingView.com
Rally's CEO Chris Maddern will become OpenSea's CTO as a part of the acquisition.
According to recent data, public companies have raced ahead of Bitcoin spot ETF issuers by snapping up more than twice as much BTC in the first half of 2025. Public firms added 245,510 BTC to their balance sheets from January through June, a 375% jump over the 51,653 BTC they bought in the same stretch last year. At the same time, spot ETF issuers purchased 118,424 BTC, leaving them well behind their corporate counterparts. Related Reading: Long-Term Bitcoin Holders Near Pain Point Last Seen In October 2024 Public Firm Purchases Smash ETF Buys According to data from Bitcoin Treasuries, the 245,510 BTC bought by public companies during H1 2025 is more than four times the 118,424 BTC ETF issuers gathered. That ETF component is 56% lower than the 267,878 BTC they purchased in H1 2024, despite the funds experiencing more robust inflows than they experienced towards the end of 2024. The difference indicates increasingly companies are holding Bitcoin directly instead of relying on exchange‑traded products. More Companies Join Bitcoin Rush Data shows 254 entities now hold Bitcoin, and 141 of those are public companies. That marks big growth from the start of the year, when only 67 firms had BTC, and the end of March, when the number hit 79. Those counts translate to a 140% rise in six months and a nearly 80% gain in three months, underlining how many new players have jumped in. Strategy’s Share Of Acquisition Dips Strategy (formerly MicroStrategy) still leads corporate buyers, but its slice of the total has shrunk. In H1 2024, Strategy’s purchase of 37,190 BTC made up 72% of all corporate buys. In the first half of 2025, the Michael Saylor‑led company purchased 135,600 BTC but now accounts for 55% of the total—down from its previous dominance. Firms such as Metaplanet, GameStop and ProCap have stepped into the spotlight, each adding large sums to their Bitcoin holdings. Supply Shock Could Be Coming According to industry commentary, the increase in corporate purchasing in addition to continuing ETF demand could take a bite out of available supply. When the next halving event reduces new Bitcoin issuance, less will flow into the market. Analysts caution that increasing institutional interest and declining supply might produce a significant price response. Related Reading: Ethereum Network Awakens—Massive On-Chain Moves Signal What’s Coming As public firms climb aboard and ETFs keep on buying—though at a reduced rate—the battle for Bitcoin is escalating. Although Strategy’s investments have increased in absolute value, the arrival of new buyers indicates the market is expanding. If that trend continues and reward for miners decreases following the halving, the battle for Bitcoin’s scarce supply could get fiercer. Investors and analysts alike will be paying close attention to how these forces influence the price of Bitcoin in the second half of 2025. Featured image from StormGain, chart from TradingView
OpenSea has still not set a date for the token release.
NFTs, once the darling usecase of crypto, are all but out of favor among investors, with some holders ready to realize huge losses.
OpenSea, the leading NFT marketplace, is urging the U.S. Securities and Exchange Commission (SEC) not to classify NFT platforms under federal securities laws. The company argues that NFTs are digital collectibles, not investment contracts, and regulating them like traditional securities could hurt innovation in the Web3 space. OpenSea believes NFT marketplaces should be treated differently …
Magic Eden wants to broaden its offering beyond NFTs and streamline crypto trading across multiple blockchains.
The team is pivoting to a new project involving AI-powered, decentralized financial tools.
Wash trading and money laundering distort NFT markets, creating fake demand and facilitating illicit activities.
DTTM Operations filed a trademark application that hints at software that manages crypto, NFTs and virtual reality services.
The regulator’s decision comes after Coinbase said the SEC will vote on a deal to abandon its enforcement case against it.
The NFT market has failed to reach the dizzying heights of 2022, but maybe it doesn't need to.
Under new leadership and regulations, crypto may have a chance to make it mainstream.