Solana launches the STRIDE security initiative, the US SEC moves its regulatory proposal to the White House, and Indonesia secures convictions using on-chain data; BTC consolidates between $68K and $69K. Today’s crypto market traded in a consolidation range, with Bitcoin moving between $68,000 and $69,000. Spot ETF demand continued to show solid accumulation strength, but overall sentiment remained relatively cautious as investors weighed macro uncertainty and shifting regulatory developments. According to the latest SoSoValue data, Bitcoin spot ETFs recorded total net inflows of USD 471 million yesterday. BlackRock’s IBIT led the group with USD 182 million in inflows, which suggests that long-term institutional demand for portfolio allocation remains intact. Ethereum spot ETFs also posted a strong session, with USD 120 million in net inflows and no fund reporting net outflows. Products from Fidelity and BlackRock accounted for most of the increase. Even so, active inflows did not fully translate into stronger secondary market performance because overhead supply continued to cap upside. Most major tokens showed mild losses over the past 24 hours. The real-world asset sector was the exception, edging higher on the back of projects such as Sky and Centrifuge. This suggests that traders are leaning toward assets with tangible yield support during volatile conditions.

Crypto Markets Overview

The broader crypto market remains in an extremely cautious phase. The latest Crypto Fear & Greed Index is at 11, which places sentiment in Extreme Fear. This reflects the high level of anxiety among retail participants after the latest round of market shakeouts. In terms of trading activity, Bitcoin was quoted at around $68,967, while total open interest across the market rose 6.25% over the past 24 hours. That points to a pickup in leveraged positioning. Data monitoring also shows that if Bitcoin breaks above $72,315, cumulative short liquidations across major CEXs could reach USD 1.441 billion. If Ethereum rises above $2,210, short liquidations could also expand to USD 1.114 billion. This leaves the market with a potential short-squeeze setup in the near term. At the same time, total liquidations across the market reached USD 238 million over the past 24 hours, with short liquidations accounting for more than half at USD 136 million. On the funding side, the average 8-hour funding rate across the market stood at -0.0043% for Bitcoin and -0.003% for Ethereum. This suggests that bears still hold a slight edge, and that traders at current levels are more focused on hedging downside risk than chasing upside momentum.

Source: Alternative

Key News Highlights:

Solana Foundation Launches STRIDE Program and Incident Response Network to Strengthen DeFi Security

The Solana Foundation has officially launched a new security audit framework called STRIDE in partnership with Web3 security firm Asymmetric Research. The initiative is designed to address increasingly sophisticated onchain attack methods and improve the security profile of DeFi protocols within the Solana ecosystem. The framework will provide a full-spectrum security assessment for Solana-based projects. Its scope covers eight core pillars, including program security, governance and permission controls, oracle and dependency risk, infrastructure security, supply chain security, operational security, monitoring and incident response, as well as logging and forensics. The launch comes against the backdrop of several major security incidents. These include a suspected social engineering attack linked to a North Korea-affiliated group that led to roughly USD 280 million in losses at Drift Protocol, along with automated attacks earlier this year involving AI agents that drained substantial assets. In addition to the audit framework, the foundation also established the Solana Incident Response Network, or SIRN, which is a real-time response network made up of multiple specialized security firms. Its members will share threat intelligence and coordinate responses during active attack events. This shift from passive defense to active monitoring is widely seen as a critical step toward improving Solana’s network resilience and rebuilding institutional confidence, especially as total stolen assets across the global DeFi market already reached USD 168 million in the first quarter of this year.

SEC Chair Says Crypto Asset Regulatory Proposal Has Been Submitted for White House Review

SEC Chair Paul Atkins said on Monday at the Digital Asset Summit that the agency is preparing to release a major proposal called Crypto Regulation. The draft has already been formally submitted to the White House Office of Information and Regulatory Affairs for review. The proposal is being viewed as an important turning point for US crypto policy. Its main objective is to provide clearer regulatory boundaries for the crypto industry under the Securities Act of 1933 and define which transactions should be treated as securities offerings and which should not. Paul Atkins said the rulemaking package will include exemptions for startups, fundraising exemptions, and an investment contract safe harbor mechanism for issuers. More specifically, the startup exemption could allow projects to raise funds over a four-year period under lighter disclosure requirements. The safe harbor mechanism is intended to protect assets that may no longer meet the definition of a security once project teams are no longer engaged in managerial efforts. If the proposal clears review and is ultimately released, it could provide the legal certainty that US-based crypto innovation has long been seeking and could encourage more compliant capital to enter the market. The SEC said it wants broad feedback from market participants so the full regulatory package can be workable and fair in practice.

TRM Labs Says Onchain Data Has Become Key Evidence in Indonesia’s Crackdown on Terrorist Financing

Blockchain analytics firm TRM Labs said in its latest report that onchain tracking data has become core evidence in terrorism financing cases ruled on by Indonesian courts. This marks an important milestone in how the judicial system handles the illicit use of digital assets. Between 2024 and 2025, Indonesian authorities secured convictions against three individuals involved in financing terrorist activity by tracing wallet addresses, transaction records, and fund flows. In one case, a defendant was found to have sent USD 49 million in stablecoins from a local exchange platform to an overseas platform, after which the funds were redirected to fundraising operations linked to extremist groups in Syria. The successful work of Indonesia’s financial intelligence teams and its counterterrorism police unit, Densus 88, shows that blockchain transparency, once seen by criminals as a shield, has now become one of the most effective tools available to law enforcement. The report added that this trend is not limited to Indonesia. Across Southeast Asia, including Singapore and Malaysia, authorities are strengthening blockchain intelligence capabilities and expanding public-private cooperation to address money laundering risks. As enforcement tools become more widely adopted, the use of stablecoins as channels for illicit transfers is becoming materially more difficult. This carries positive long-term implications for the compliance image of the broader crypto industry and for the adoption of blockchain technology within legitimate financial systems.

Trending Tokens:

• $U (United Stables)

The United Stables stablecoin protocol has reached an important milestone in its ecosystem expansion after its token was added to a major exchange’s Alpha program as a primary quote asset. This strategic development allows users to trade all Alpha tokens against U across the web platform, app, and API interface, placing it alongside established quote assets such as USDT and USDC. Positioned as a transparent, institution-grade stablecoin protocol built for the next phase of onchain finance, United Stables is gaining a more defined role within the digital asset market structure. Its progression from Launchpool participation to spot listing and now to Alpha quote asset status highlights rising market demand for reliable DeFi-native stablecoin infrastructure. Market interest has responded positively since the announcement, as reflected in the steady improvement in regional growth indicators. By becoming the default quote pair for all existing and newly listed Alpha tokens, United Stables is strengthening its role as a core liquidity pillar in the institutional digital asset landscape.

• $MEZO (Mezo)

The Mezo network has officially entered its live operational phase, marking an important step in the development of a functional Bitcoin economic layer. Following the completion of its token generation event, users can now claim MEZO tokens and lock them together with BTC to optimize ecosystem rewards. Unlike traditional storage-based approaches, Mezo operates as Bitcoin Layer 2 infrastructure built to encourage active token usage through a circular economic model. The protocol uses its proprietary Proof of HODL points program to reward long-term participation, with longer asset commitments directly increasing contributors’ multiplier scores. Backed by major institutional investors, including Pantera Capital, Ledger, and Cathay Capital, the project has already secured substantial funding to expand its infrastructure. That financial backing adds credibility to its effort to build a more active and utility-driven Bitcoin ecosystem.

• $ADI (ADI Chain)

ADI Chain has attracted notable market attention through its newly announced partnership with Predictstreet, which names it the official prediction market partner for the 2026 FIFA World Cup. The collaboration gives this high-performance infrastructure project exposure to more than 5 billion football fans during one of the world’s largest sporting events. As the first consumer-facing ecosystem project on the network, ADI Predictstreet will provide onchain settlement for match outcomes, player statistics, and tournament bracket predictions. The underlying infrastructure stands out for its AI-oriented design and GPU computing support, which provide the throughput needed for large-scale financial and identity-based applications. Beyond digital participation, the partnership also includes physical activations during FIFA Fan Festival events, bringing blockchain technology directly into the fan experience. As each prediction within the ecosystem settles directly on the base chain, the utility of the native ADI token is expected to expand accordingly. This strategic alignment with a major global sports event highlights the protocol’s ability to handle large-scale consumer demand within a decentralized framework.

Disclaimer: The information provided in this section is for informational purposes only and doesn't represent any investment advice or FameEX's official view.