According to @PolynomialFi, Coinbase analysts have identified stablecoins as the 'quiet winners' of Polymarket's recent growth surge. The prediction market, which settles all trades in Circle's USDC on the Polygon network, has processed over $14 billion in lifetime volume, creating significant, high-velocity demand for the stablecoin, as noted in the Coinbase report. This development comes as Polygon itself undergoes a major strategic overhaul. Citing a team press release, co-founder Sandeep Nailwal is now CEO of the Polygon Foundation, which will focus on its AggLayer cross-chain protocol and retire the zkEVM network to reclaim its Web3 leadership. Amid these ecosystem shifts, market data shows Bitcoin (BTC) trading above $108,000 and Ethereum (ETH) near $2,530, while Solana (SOL) hovers around $150.

According to @PolynomialFi, Polygon (MATIC) is undergoing a major strategic overhaul as co-founder Sandeep Nailwal takes over as CEO of the Polygon Foundation to focus on the new AggLayer cross-chain liquidity protocol and retire the zkEVM. This move aims to reclaim Polygon's leadership position in Web3. Meanwhile, Bitcoin (BTC) posted a record monthly close but its 2.5% gain was outpaced by the euro, with on-chain data showing continued profit-taking from long-term holders. Analysts cited by the source remain constructive on BTC's medium-term outlook due to institutional adoption, but warn that Q3 is historically Bitcoin's weakest quarter, advising caution. Additionally, the Ethereum Foundation has implemented a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability, and Bitcoin Core developers plan to increase the OP_RETURN data limit, which could foster more data-heavy applications on the network.

According to @jessepollak, significant technical and strategic shifts are underway for major cryptocurrencies. A new Ethereum proposal, EIP-7782, aims to double network speed by reducing block times from 12 to 6 seconds, which could significantly enhance transaction throughput for ETH. In another key development, Polygon co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, initiating a strategic overhaul focused on the AggLayer cross-chain protocol while retiring the zkEVM network. For XRP traders, the XRP Ledger has released version 2.5.0 of its software, introducing crucial upgrades for its decentralized exchange (DEX), including 'TokenEscrow' and 'PermissionedDEX' to improve functionality and compliance. Additionally, Matter Labs has unveiled 'Airbender,' a new ZKsync prover claimed to be the fastest of its kind, potentially lowering transaction fees. On the regulatory front, Norway is planning a ban on new proof-of-work mining centers, while in the U.S., Texas has established a publicly-funded Bitcoin reserve, signaling state-level adoption.

According to @KookCapitalLLC, the cryptocurrency market is undergoing significant technical and strategic shifts with major trading implications. The Polygon (MATIC) Foundation has appointed co-founder Sandeep Nailwal as CEO, pivoting its strategy to focus on the AggLayer cross-chain liquidity protocol while retiring its zkEVM network to reclaim its market position. In a move to bolster long-term stability, the Ethereum Foundation has implemented a new treasury policy, capping annual operational expenses at 15% and signaling a focus on critical deliverables for 2025-2026, a potentially bullish signal for Ethereum (ETH). Ripple has launched the XRP Ledger's EVM-compatible sidechain on mainnet, using XRP as the native gas token and enabling Ethereum dApps to deploy within its ecosystem, which could significantly increase XRP's utility. Concurrently, the Bitcoin (BTC) ecosystem is expanding with the launch of the Botanix layer-2 mainnet, aiming to bring EVM-equivalent functionality and faster block times to Bitcoin. Further impacting Bitcoin, the upcoming Core 30 release will increase the OP_RETURN data limit, a move that could foster more on-chain data applications but also raises concerns about network spam. Institutional interest continues to grow, with Robinhood (HOOD) launching tokenized stock trading on Arbitrum and Deutsche Bank (DB) planning a crypto custody service.

According to @AltcoinGordon, a constructive outlook for crypto markets is emerging for the second half of the year, driven by a stronger macroeconomic backdrop and increasing regulatory clarity. A Coinbase Research report highlights that improving U.S. growth, with the Atlanta Fed’s GDPNow tracker at 3.8% QoQ, and expectations of Federal Reserve rate cuts are strengthening investor sentiment. Bitcoin (BTC) is reportedly poised to benefit from these tailwinds and its use as an inflation hedge. However, the report suggests altcoins may lag without specific catalysts like ETF approvals. On the regulatory front, the progression of the GENIUS Act for stablecoins and the CLARITY Act to define SEC and CFTC roles could provide significant clarity for investors. Furthermore, the SEC is reviewing over 80 crypto ETF applications, with some decisions possible as early as July. In protocol news, Polygon co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, pivoting the project's focus to the AggLayer cross-chain protocol and retiring the zkEVM network. Additionally, Bitcoin Core's upcoming version 30 will increase the OP_RETURN data limit, and Ant Group plans to apply for stablecoin licenses in Hong Kong and Singapore, signaling further institutional adoption.

According to @bubblemaps, the crypto landscape is undergoing significant technical and strategic shifts with major implications for traders. Polygon (MATIC) is executing a major pivot, with co-founder Sandeep Nailwal taking over as CEO of the Polygon Foundation to spearhead a new focus on the AggLayer cross-chain liquidity protocol while retiring its zkEVM network, according to a press release. In the competitive Layer-2 space, Ripple has officially launched an Ethereum Virtual Machine (EVM) sidechain for the XRP Ledger, enabling Ethereum-based dapps to deploy within its ecosystem and using XRP as the native gas token. The Bitcoin (BTC) ecosystem is also expanding, with the launch of Botanix, an EVM-compatible Layer-2 mainnet that drastically cuts block times, and a confirmed plan for the Bitcoin Core 30 release to increase the OP_RETURN data limit, potentially boosting data-embedding applications on the network. Amid these developments, Ethereum (ETH) co-founder Vitalik Buterin issued a warning that decentralization must become a concrete user guarantee rather than a hollow catchphrase to ensure the ecosystem's health. Further bridging traditional finance and crypto, Plume has launched its mainnet for real-world assets (RWA), and major financial players like Robinhood and Deutsche Bank are deepening their crypto involvement with new layer-2 networks and custody services, respectively.

According to @CryptoMichNL, the crypto landscape is seeing significant strategic shifts and technological advancements. Polygon (MATIC) is undergoing a major overhaul as co-founder Sandeep Nailwal takes over as CEO of the Polygon Foundation; the new strategy prioritizes the AggLayer cross-chain protocol and involves retiring the zkEVM rollup network. In another major development, Ripple has launched the XRP Ledger (XRP) EVM-compatible sidechain on its mainnet, enabling Ethereum developers to deploy dapps on the ecosystem using XRP as the native gas token. The Bitcoin (BTC) ecosystem is also expanding, with the mainnet launch of Botanix, a new EVM-compatible Layer-2, and a confirmed plan to increase the OP_RETURN data limit in Bitcoin Core 30, both of which enhance Bitcoin's programmability. Amid these developments, Ethereum co-founder Vitalik Buterin warns that the industry is at an inflection point, stressing that many projects must move beyond 'fake decentralization' and pass security tests to protect users. On the institutional front, Robinhood (HOOD) is building its own Layer-2 network on Arbitrum for tokenized assets, and Deutsche Bank (DB) plans to launch a crypto custody service. However, regulatory headwinds persist in the U.S., as a proposal to ease crypto tax burdens failed to pass the Senate.

According to @AltcoinGordon, several significant developments are impacting the crypto markets for traders. A new proposal, EIP-7782, could double Ethereum's (ETH) speed by cutting block times from 12 to six seconds, potentially boosting network throughput and user experience, as reported by Shaurya Malwa. In a major strategic shift, Polygon co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, redirecting focus to the AggLayer cross-chain protocol and retiring the zkEVM network to reclaim a leading position in Web3, according to a press release shared with the source. On the adoption front, Texas has become the first U.S. state to create a publicly-funded Bitcoin (BTC) reserve, initially appropriating $10 million for purchases, a move signed into law by Governor Greg Abbott. In stock market news with crypto implications, Bernstein raised its price target for Coinbase (COIN) to $510, calling the exchange crypto's 'universal bank,' as noted by Will Canny. Meanwhile, RippleX has released version 2.5.0 for the XRP Ledger, introducing new features like 'TokenEscrow' and 'PermissionedDEX' to enhance its DeFi and enterprise capabilities.

According to @justinsuntron, a recent SEC filing reveals a $100 million private investment in public equity (PIPE) deal, paid entirely in Tron (TRX) tokens, which gives Justin Sun's father, Weike Sun, board control over SRM Entertainment. The firm, set to be renamed Tron Inc., plans to acquire and hold up to $210 million in TRX, mirroring MicroStrategy's Bitcoin treasury strategy, as reported by the Financial Times. Despite the deal, which was arranged by Dominari Securities, Tron DAO is reportedly not directly involved. Following the news, SRM stock fell 15% to $7.73, and the TRX token dropped 2.5% to $0.27. In other market-moving news, Polygon co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation to spearhead a strategic overhaul focused on the AggLayer protocol and retire the zkEVM network. Additionally, the Ethereum Foundation has established a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability. Finally, Bitcoin Core developers have confirmed that the upcoming version 30 release will significantly increase the OP_RETURN data limit, a move that has sparked debate within the community.

According to @nic__carter, the cryptocurrency market is seeing significant technical and strategic shifts. Polygon (MATIC) is undergoing a major overhaul as co-founder Sandeep Nailwal takes control of the Polygon Foundation, reorienting the team towards the AggLayer cross-chain protocol and retiring its zkEVM network, according to a press release. The Ethereum Foundation (ETH) has implemented a new treasury policy, capping annual operational expenses at 15% and signaling a focused development push for what it calls the "pivotal" years of 2025-26. In another key development, Ripple has officially launched the XRP Ledger's (XRPL) Ethereum Virtual Machine (EVM) sidechain on its mainnet, enabling Ethereum-based dapps to run on the ecosystem with XRP serving as the native gas token. Additionally, Ethereum co-founder Vitalik Buterin warned at a recent conference that projects must move beyond decentralization as a catchphrase and provide concrete user guarantees to avoid risk to the ecosystem. Bitcoin (BTC) is also set for a key update, with Bitcoin Core 30 planning to increase the OP_RETURN data limit, potentially impacting how data is stored on-chain.

According to @KookCapitalLLC, Bitcoin (BTC) is rebounding strongly towards $110,000, trading around $109,500 for a 3.5% gain, its highest level since June 11. The rally is supported by broader risk-on sentiment following a U.S.-Vietnam trade deal and the successful launch of the REX-Osprey Solana + Staking ETF (SSK), which saw $20 million in first-day volume, according to Bloomberg analyst Eric Balchunas. However, K33's head of research, Vetle Lunde, warns that July could be highly volatile due to several U.S. policy events, including an expansionary budget bill and a deadline for a crypto executive order. Lunde notes that since crypto market leverage remains contained, a massive deleveraging is unlikely, favoring a patient spot exposure strategy. In other major developments, Polygon (MATIC) co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation to spearhead a strategic shift towards its AggLayer protocol while retiring the zkEVM, according to a team press release. The Ethereum Foundation also announced a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability, as detailed in a recent blog post.

According to @GoogleDeepMind, the cryptocurrency market faces an imminent threat from quantum computing, with malicious actors already engaging in 'Harvest Now, Decrypt Later' attacks. Jay Gambetta, Vice President of IBM Quantum, warns that nation-states are currently harvesting encrypted data with the intent to decrypt it once quantum computers are powerful enough. This poses a significant risk to the entire crypto ecosystem, as researchers warn that approximately 4 million bitcoin (BTC), or 25% of the usable supply, could be stolen. This risk was highlighted in BlackRock's Bitcoin ETF filing, which cited quantum advances as a potential threat to cryptographic viability. For Ethereum (ETH), co-founder Vitalik Buterin has proposed emergency hard-fork solutions to counter the threat. A December 2023 Reuters report suggests that cryptographically relevant quantum computers could emerge as soon as 2025. While the market faces this long-term risk, key ecosystem developments are unfolding. According to the source, Polygon (MATIC) co-founder Sandeep Nailwal has taken control as CEO of the Polygon Foundation, pivoting the project's focus to its AggLayer cross-chain liquidity protocol and retiring the zkEVM. Additionally, the Ethereum Foundation has implemented a new treasury policy capping annual operational expenses at 15% of its holdings, and Bitcoin Core developers plan to increase the OP_RETURN data limit in the upcoming version 30 release.

According to @AltcoinGordon, a Coinbase Research report indicates a constructive outlook for crypto markets in the second half of the year, fueled by an improved macroeconomic backdrop and regulatory progress. Key drivers include stronger U.S. growth, with the Atlanta Fed’s GDPNow tracker at 3.8%, and expectations of Federal Reserve rate cuts, which are boosting investor sentiment. The report suggests Bitcoin (BTC) is poised to benefit from these tailwinds, alongside its appeal as an inflation hedge. Meanwhile, regulatory clarity is advancing with the GENIUS Act for stablecoins and the CLARITY Act to define SEC/CFTC roles. The SEC is also reviewing over 80 crypto ETF applications, with some decisions possible by July. In separate protocol news, the Polygon (MATIC) foundation is undergoing a major strategic overhaul, with co-founder Sandeep Nailwal taking control to pivot focus to the AggLayer cross-chain protocol while retiring the zkEVM network. Additionally, the Ethereum Foundation has implemented a new treasury policy, capping operational expenses at 15% to prioritize critical development for 2025-2026.

According to @EricBalchunas, public firm SharpLink Gaming (SBET) has acquired 176,271 ether (ETH) for approximately $463 million, making it the largest publicly traded holder of ETH. This move comes despite its stock price falling sharply after a regulatory filing, though shares remain up roughly 500% since the company pivoted to a crypto treasury strategy. In other major developments, Polygon (MATIC) co-founder Sandeep Nailwal has become CEO of the Polygon Foundation, initiating a strategic overhaul focused on the AggLayer cross-chain liquidity protocol and retiring the zkEVM network. Additionally, the developers of Bitcoin Core confirmed the upcoming version 30 release will significantly increase the OP_RETURN data limit from 80 bytes to nearly 4MB, a change that could impact network usage. The Ethereum Foundation also introduced a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability.

According to @dydxfoundation, Solana-based DEX Jupiter is pausing all DAO votes until the end of 2025, citing a "breakdown in trust" and structural inefficiencies. Jupiter executive Kash Dhanda confirmed that while active staking rewards of 50 million JUP per quarter will continue, no new DAO-funded work groups will be created. This decision follows a 21.8% decline in JUP's value over the past 30 days. In other major developments, Polygon co-founder Sandeep Nailwal has taken over as CEO of the Polygon Foundation, initiating a strategic overhaul focused on the AggLayer cross-chain protocol and retiring the zkEVM network. Additionally, the Ethereum Foundation has updated its treasury policy to cap annual operational expenses at 15% of its holdings, signaling a focus on critical deliverables for 2025-2026. The source also notes that Bitcoin Core's upcoming version 30 will significantly increase the OP_RETURN data limit, and Plume has launched its Genesis mainnet for real-world assets (RWA).

According to @KookCapitalLLC, the Solana-based meme coin Bonk (BONK) surged 9.87% to $0.00001494 following a procedural update for a proposed 2x leveraged BONK ETF from Tuttle Capital. The filing indicates July 16 is the earliest possible launch date, pending regulatory approval, which has rekindled significant trader interest. Technical analysis cited in the report shows BONK broke through resistance at $0.0000144, with current support seen around $0.0000142 amid high volatility. In other major protocol news, Polygon (MATIC) is undergoing a strategic overhaul as co-founder Sandeep Nailwal assumes the role of CEO of the Polygon Foundation. According to a press release, the team will now focus on its AggLayer cross-chain liquidity protocol and will retire the zkEVM rollup network, signaling a major pivot aimed at reclaiming a leadership position in the Web3 space.

According to @AltcoinGordon, a constructive outlook for crypto markets in the second half of 2025 is emerging, driven by an improved macroeconomic backdrop and increasing regulatory clarity, as detailed in a Coinbase Research report. Key economic indicators, such as the Atlanta Fed’s GDPNow tracker jumping to 3.8% QoQ, signal stronger U.S. growth, which is expected to fuel a rally in Bitcoin (BTC). The report also highlights that progressing legislation like the GENIUS Act for stablecoins and the CLARITY Act, alongside over 80 pending crypto ETF applications, provides structural tailwinds for the market. While Bitcoin is poised to benefit, the report suggests altcoins may lag unless they have specific catalysts. On the development front, Polygon (MATIC) is undergoing a major strategic shift as co-founder Sandeep Nailwal takes control, focusing on the AggLayer protocol and retiring the zkEVM. Additionally, the Ethereum Foundation has implemented a new treasury policy, capping operational expenses at 15% to enhance focus on critical deliverables for 2025-26, potentially impacting Ethereum (ETH) development and market perception.

According to Eleanor Terrett, Tether (USDT) faces a critical choice with the advancement of the U.S. GENIUS Act for stablecoins, which could force the issuer to either undergo a complex and costly compliance process to access U.S. markets or cede ground to regulated competitors like Circle's USDC. The proposed legislation imposes strict one-to-one reserve requirements with cash and Treasuries, monthly reviews by accounting firms, and potential oversight by the Office of the Comptroller of the Currency, standards which experts cited in the report suggest Tether may not currently meet. In other major news, Polygon (POL) is undergoing a significant strategic overhaul, with co-founder Sandeep Nailwal taking over as CEO of the Polygon Foundation. The team announced a pivot to focus on the AggLayer cross-chain liquidity protocol while retiring its zkEVM network, signaling a major shift for traders and investors to watch. Additionally, Bitcoin Core (BTC) developers confirmed an increase to the OP_RETURN data limit in the next software release, a move that could encourage more data-embedding on the network.

According to @milesdeutscher, Polygon (MATIC) is undergoing a significant strategic overhaul, with co-founder Sandeep Nailwal taking over as CEO of the Polygon Foundation. The team is pivoting its focus to AggLayer, a new cross-chain liquidity protocol, and will retire its zkEVM rollup network to reclaim its leadership in Web3. In other major developments, the Ethereum Foundation (ETH) has published a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability and focus on what it calls the 'pivotal' years of 2025-26. For Bitcoin (BTC), the upcoming version 30 of Bitcoin Core is set to increase the OP_RETURN data limit from 80 bytes to nearly 4MB, a technical change that could significantly expand the blockchain's data embedding capabilities. Additionally, the launch of Plume's mainnet for real-world assets (RWAs) and Ant Group's plans to seek stablecoin licenses in Asia highlight growing institutional interest in the space.

According to @GreeksLive, the cryptocurrency market is seeing significant technical and regulatory shifts. The Polygon Foundation announced a major strategic pivot, with co-founder Sandeep Nailwal taking over as CEO to focus on the AggLayer cross-chain protocol while retiring the zkEVM network; this could significantly impact MATIC's ecosystem and value proposition. In another key development, the Ethereum Foundation has implemented a new treasury policy, capping annual operational expenses at 15% to ensure long-term sustainability, a move that could bolster investor confidence in the ETH ecosystem. For Bitcoin (BTC), developers confirmed in a GitHub update that the upcoming Core version 30 will substantially increase the OP_RETURN data limit, potentially fostering more data-intensive applications on the network and affecting transaction fees. On the regulatory front, SEC Chairman Paul Atkins revealed the commission is exploring an "innovation exemption" for DeFi platforms, which could provide significant regulatory relief and spur growth in the sector. Concurrently, a Bloomberg report indicates Ant Group is pursuing stablecoin licenses in Hong Kong and Singapore, signaling major institutional adoption in Asia.