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Solana price erased most of its July gains after breaking below key support. Network activity is plunging, shorts are stacked high, and bearish momentum dominates; but could a sudden reversal still catch traders off guard?

As the backbone of the Ethereum ecosystem, the ETH infrastructure plays a vital role in ensuring the stability and security of core applications such as Layer 2 scaling, DeFi, and AI on-chain integration. With ETH staking APR stabilizing at around 3.5%, growing momentum in the modular narrative, and rising demand for AI-related computing power, infrastructure has become a strategic focus for medium- to long-term market positioning.

July saw a historic $12.8 billion inflow into US crypto ETFs, marking a significant shift as Bitcoin and Ethereum ETFs outperform traditional funds, fueling market optimism.
Share link:In this post: Riot reported $219.5 million in Q2 net income and $495.3 million in adjusted EBITDA. Bitcoin mining revenue surged to $140.9 million, driven by higher BTC prices and hash rate. Riot mined 1,426 BTC in Q2, with an average cost of $48,992 per coin.
Share link:In this post: The SEC has launched “Project Crypto” to overhaul its regulatory approach and establish the U.S. as the global leader in the crypto industry. The initiative aims to modernize outdated rules, create tailored frameworks for crypto asset classifications, and enable tokenized securities and on-chain trading. The SEC will promote flexible custody options and consolidated licensing for “super-apps.”
- 17:28The Federal Reserve accepted $34.744 billion in fixed-rate reverse repurchase agreements.ChainCatcher news, according to Golden Ten Data, the Federal Reserve accepted a total of $3.4744 billion from 21 counterparties in its fixed-rate reverse repurchase operations.
- 17:03US Treasury Secretary: There are 11 candidates for Federal Reserve ChairJinse Finance reported that U.S. Treasury Secretary Bessent stated: There are 11 strong candidates for the position of Federal Reserve Chairman. After Labor Day, we will begin interviews and submit the final list to Trump.
- 17:02Cumberland transfers 22,289 ETH to an exchangeJinse Finance reported, according to Whale Alert monitoring, Cumberland transferred 22,289 ETH, worth approximately $103 million, to an exchange about 3 minutes ago. Previously, it was reported that about three and a half hours ago, Cumberland transferred 25,200 ETH, worth approximately $116 million, to an exchange.