On July 24, three major DeFi protocols lost a combined $35.5 million within just six hours, highlighting the growing importance of crypto infrastructure security. This report reviews what happened, what these incidents reveal about today’s security landscape, and why building resilient protection systems has become a shared responsibility across the entire crypto industry.

TL;DR

• July 23 became “Hackers’ Day” after three major security incidents resulted in approximately $35.5 million in losses within six hours.
• The attacks targeted cross-chain bridges and supporting infrastructure, rather than the underlying blockchains themselves.
• The incidents highlight why security today extends far beyond smart contracts, requiring stronger infrastructure, operational resilience and transparency across the industry.
• Every crypto platform has a role to play in strengthening user protection through continuous investment in security.
• At WEEX, that commitment includes a 1,000 BTC Protection Fund, 1:1 Proof of Reserves, enterprise-grade infrastructure and eight years of secure operations.
• Security is not defined by how platforms respond after attacks. It is built long before attacks happen.

A Wake-Up Call for the Entire Crypto Industry

On July 23, three separate security incidents resulted in approximately $35.5 million in losses within just six hours.

Although the affected projects belonged to different ecosystems, they shared one important message. Security is not a challenge unique to any single protocol, platform or architecture. It is a responsibility shared across the entire crypto industry.

As blockchain technology continues to evolve, so do the methods used by attackers. Every new layer of infrastructure—from bridges and validators to wallets and cloud services—creates new opportunities for innovation, but also new responsibilities for protecting users.

Rather than focusing on which project was attacked, these incidents encourage a more important discussion:

How can the industry continue building a safer environment for everyone?

Three Incidents. One Common Lesson.

Although the three incidents affected different projects, they revealed a common pattern: None resulted from failures of Bitcoin, Ethereum or Arbitrum themselves. Instead, attackers exploited supporting infrastructure such as cross-chain bridges and off-chain verification systems.

The industry’s infrastructure has become increasingly interconnected and so have the security challenges that come with it. As crypto continues to evolve, security must evolve alongside innovation.

Building Security for a More Connected Crypto Ecosystem

Every innovation brings new opportunities and new responsibilities.

Whether assets move through decentralized protocols, centralized platforms or cross-chain infrastructure, protecting users increasingly depends on the strength of the systems supporting them.

The events of July 23 highlight three areas the industry continues to strengthen.

• Infrastructure Resilience — Modern crypto applications rely on bridges, validators, oracles, cloud services and other interconnected components. Strengthening every layer of infrastructure has become increasingly important as ecosystems grow more connected.
• Protection Mechanisms — Security today is no longer only about preventing attacks. It also includes how platforms prepare for unexpected events through transparent reserves, operational safeguards and long-term risk management.
• User Confidence Through Transparency — Clear communication, verifiable asset protection and well-defined incident response processes all help strengthen trust when unexpected events occur.

Security is no longer a feature added after products are built. It has become a core part of building sustainable crypto infrastructure.

How the Industry Continues to Improve

Every major security incident leaves behind valuable lessons. Over the past several years, the crypto industry has continuously strengthened its security standards by investing in:

• Independent security audits
• Bug bounty and responsible disclosure programs
• Proof of Reserves
• Protection funds
• Real-time risk monitoring
• Stronger wallet security
• Better operational controls

While no platform can eliminate every risk, each improvement helps raise the overall security standard for the entire ecosystem.

Security is not a destination. It is an ongoing process of learning and improvement.

Building Security Before Incidents Happen

Every major incident reminds the industry that preparation matters more than reaction.

At WEEX, security has always been approached as a long-term commitment rather than a short-term response. Our security framework combines transparency, operational resilience and continuous investment to help protect user assets.

• 1,000 BTC Protection Fund — An additional protection reserve designed to provide greater confidence during unexpected security events.
• 1:1 Proof of Reserves — Publicly verifiable reserves that allow users to independently confirm their assets are fully backed.
• Enterprise-Grade Infrastructure — Multi-layer cold wallet management, continuous risk monitoring and strict operational controls help strengthen platform resilience.
• Eight Years of Secure Operations — Since 2018, WEEX has maintained a strong operational security record through multiple market cycles.
• Trusted by Over 10 Million Users — Long-term confidence from users around the world reflects our continued commitment to security and reliability.
• Chosen by 1 in Every 6 Crypto KOLs — Recognition from leading voices across the crypto community reinforces our focus on transparency and platform quality.

Security is not something users should only think about after an incident. It should be something they can rely on every day.

Five Safety Tips for Every Crypto User

No matter which products or platforms you use, protecting your assets should always remain the first priority.

✅ Understand how a platform protects user assets before depositing funds.

✅ Verify wallet permissions and smart contract addresses carefully.

✅ Be cautious of products promising unusually high returns.

✅ Diversify assets and avoid relying on a single protocol or platform.

✅ Evaluate transparency, operational practices and security infrastructure—not just features or returns.

Security works best when platforms, developers and users all play their part.

Final Thoughts for WEEX Users

The events of July 23 remind us that security is never a one-time achievement, it’s an ongoing commitment. Every incident pushes the industry to build stronger infrastructure, greater transparency and better protection for users. 

At WEEX, that commitment guides every investment we make in security, because putting users first is the foundation of a stronger crypto ecosystem.

Disclaimer: This article is provided for informational and educational purposes only and should not be considered financial, investment, legal or cybersecurity advice. The information presented is based on publicly available sources and official statements available at the time of publication. As investigations into the referenced security incidents remain ongoing, certain details may change as new information becomes available. References to third-party projects or platforms are intended solely for factual reporting and industry analysis, and do not constitute endorsements or criticisms. Readers should conduct their own research and carefully evaluate the risks associated with any crypto platform, protocol or digital asset before making financial decisions.

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era delivering real time AI news, empowering users with AI trading tools, and exploring innovative trade to earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

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The post Hackers’ Day | July 23: $35.5M Lost. A Reminder That Security Is a Shared Responsibility appeared first on BeInCrypto.

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Intel has just delivered its strongest quarter in over fifteen years, and the market reaction says it all. Q2 2026 revenue surged 25% year-over-year to $16.1 billion, crushing the consensus estimate of $14.42 billion, while adjusted EPS of $0.42 nearly doubled the expected $0.21. The stock rallied over 12% in after-hours trading following the release.

The engine behind the beat was unmistakably AI: Intel’s Data Center and AI segment jumped 59% year-over-year to $6.3 billion, with the company saying demand is now outpacing what its factories can supply. CEO Lip-Bu Tan pointed to faster production cycles and improved yields as key drivers behind the upside, while CFO Dave Zinsner said the company exceeded its guidance thanks to stronger execution.

There was a notable asterisk, however: Intel posted a GAAP net loss of $11 billion, driven by a $12.5 billion mark-to-market charge tied to its CHIPS Act agreement—a technical, non-operational hit that markets largely looked past. Looking ahead, Intel raised its Q3 guidance to a $16.3 billion midpoint, reinforcing confidence that this AI-driven turnaround has real momentum behind it.

Intel Technical Analysis

As the INTC stock chart shows, the explosive rally from March’s lows near $40 to July’s highs above $140 has since cooled into a broad falling wedge, with price now consolidating around the $100 level, sitting right between the 0.382 and 0.5 Fibonacci retracements of the entire move.

Bullish Scenario

Following yesterday’s blowout earnings, price is testing the confluence of the descending trendline from the July highs and the 0.382 retracement near $108. A confirmed breakout above this zone would suggest buyers are back in control, opening the path toward a retest of the wedge highs near $130-$140 as fresh momentum builds following the earnings catalyst.

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Bearish Scenario

Conversely, a rejection at this same trendline-Fibonacci confluence would keep the price capped within the wedge, increasing the odds of a deeper pullback toward the 0.5 retracement near $94, or even the rising trendline support closer to $85-$90 if selling pressure intensifies and the earnings pop fades.

With price wedged directly between trendline resistance and key Fibonacci support, Intel’s next move looks set to be decisive. Will the earnings beat be enough to reignite the rally, or does the broader correction still have room to run?

Buy and sell stocks of the world’s biggest publicly-listed companies with CFDs on FXOpen’s trading platform. Open your FXOpen account now or learn more about trading share CFDs with FXOpen.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

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Cardano price is trading around $0.165, after large holders quietly accumulated more than 30 million ADA over the past week, bumping up its prediction. The buying briefly pushed ADA ahead of Stellar into 15th place by market cap. Although the ranking did not last, the accumulation remains notable. Santiment data suggests this was part of a steady buying trend rather than a one-off trade.

According to The Crypto Basic, large wallet ADA holdings climbed to 5.69 billion over seven days. Meanwhile, wallets holding between 100,000 and 100 million ADA reached a combined 25.6 billion ADA. That marks the highest balance in roughly three and a half years. The trend suggests bigger investors continue adding despite the recent pullback.

Charles Hoskinson has also reiterated his belief that ADA could return to the top 10 before the year’s end. Reaching that goal would require a substantial rally from current levels to overtake Dogecoin by market capitalization. Whether whales are positioning for that outcome or simply accumulating at lower prices remains the key question.

Meanwhile, capital continues rotating into select altcoins as Bitcoin and Ethereum consolidate. That backdrop could eventually support ADA if demand strengthens. Even so, traders will likely wait for technical confirmation before calling for a sustained recovery.

Discover: The Best Token Presales

Cardano Price Prediction: Can ADA Reach $0.19 This Week?

ADA is trading around $0.165, extending its long pullback. The token is testing support near $0.165, while the first resistance now sits around $0.172. A move above that level could reopen the path toward $0.180 if buying volume improves.

Some forecasting models still expect a modest recovery over the coming weeks, while a more cautious outlook continues to place stronger support near $0.148. That leaves traders watching whether the $0.165 area can hold before momentum weakens further.

Cardano (ADA)

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Recent price action has largely reflected improving sentiment across the altcoin market instead of a Cardano-specific catalyst. As a result, ADA remains highly sensitive to overall crypto market flows. If risk appetite returns, the current dip could become another accumulation zone.

Three scenarios remain worth watching. In the bullish case, ADA defends $0.165 support, volume improves, and price rebounds toward $0.172 and $0.180. The base case sees consolidation between $0.165 and $0.172 while whale accumulation continues. However, if market sentiment deteriorates, ADA could revisit the $0.148 support, putting the recent recovery attempt at risk.

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Maxi Doge Targets Early Mover Upside as Cardano Tests Key Levels

ADA’s accumulation story is compelling, but at a current market cap in the billions, the math on a life-changing return requires that 76% move, Hoskinson is projecting at minimum. Traders running tighter risk parameters are already eyeing earlier-stage setups where the entry price itself does more of the work. That’s the positioning logic behind presale allocations in the current cycle.

Maxi Doge ($MAXI) is an ERC-20 meme token built around a 240-lb canine mascot embodying the 1000x leverage trading mentality. Think gym-bro culture meets DeFi degenerate energy, packaged with actual utility mechanics.

The presale has raised $4.8 million at a current price of $0.000283, with dynamic staking APY available to early holders. The project offers holder-only trading competitions with leaderboard rewards, a Maxi Fund treasury earmarked for liquidity and partnerships, and meme-first marketing that has driven genuine community traction.

Dogecoin’s own price mechanics illustrate how community-driven meme assets can defy conventional valuation logic when sentiment aligns.

Research Maxi Doge here before the presale window closes.

Discover: The Best Crypto to Diversify Your Portfolio

The post Cardano Price Prediction: ADA Reclaimed Top 15 Crypto by Market Cap as Whale Accumulates appeared first on Cryptonews.

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Gate, a leading global digital asset trading platform, has announced the launch of the second project on its IPO Access platform, Jersey Mike’s (JMKE). Users can participate in the IPO indication subscription using USDT or GUSD for the opportunity to receive allocated shares and trade them directly on Gate’s stock market after the company’s public listing.

The indication subscription for Jersey Mike’s (JMKE) will open on July 27, 2026, 02:00 (UTC) and close on July 29, 2026, 02:00 (UTC). The indicative IPO price range is $21–$25 per share, with the final subscription price subject to the official IPO pricing. Users can participate with a minimum commitment of 100 USDT or 100 GUSD and a maximum commitment of 500,000 USDT or 500,000 GUSD, with no additional subscription fees. 

The offering will be split equally between a USDT subscription pool and a GUSD subscription pool, each representing 50% of the total allocation. Allocation will be determined based on each user’s hourly average locked commitment throughout the subscription period. Users who participate earlier and maintain their commitment for a longer duration will receive a higher allocation weight. The project’s subscription arrangements will be dynamically adjusted based on overall interest levels, and there is a possibility that the subscription period could be closed early.

Please note that this is an indication subscription, meaning that submitting a subscription interest does not guarantee an allocation. Participants may receive a full allocation, partial allocation, or no allocation at all, depending on the final IPO allocation received by Gate, overall subscription demand, and the official IPO offering results. Allocated shares are expected to be distributed to users’ Gate Stocks accounts before the IPO begins trading, with the current estimated distribution date of July 30, 2026. The shares will be 100% unlocked with no lock-up period, allowing users to trade them through Gate Stocks once the company is officially listed. 

The exact distribution and trading schedule will be subject to the final IPO timetable. If the platform ultimately does not receive any allocation, users who subscribe with USDT will receive an interest subsidy calculated at an annualized rate of 3.8% based on their locked subscription funds. Users subscribing with GUSD will continue to earn the standard 3.8% annualized yield throughout the subscription period.

Founded in 1956, Jersey Mike’s is one of North America’s leading submarine sandwich restaurant chains, operating more than 3,300 locations across the United States and Canada. In 2025, global alternative asset manager Blackstone acquired a majority stake in the company, which subsequently announced plans to pursue a U.S. public listing. The addition of Jersey Mike’s (JMKE) further expands Gate’s IPO Access offering, providing users with another opportunity to participate in high-profile global IPOs. Users are encouraged to conduct their own independent assessments based on publicly available information, market conditions, and their individual needs.

Gate has built a comprehensive global equities investment ecosystem, supporting trading for more than 12,500 stocks and ETFs across the U.S., Hong Kong, and Korean markets. The platform also offers fractional share trading, stock dividends, cross-broker stock transfers for U.S. and Hong Kong equities, as well as corporate action services such as stock splits and reverse splits. In addition, Gate continues to expand its multi-asset investment ecosystem through gStocks tokenized securities, Pre-IPOs, and IPO Access, creating a comprehensive investment framework that spans pre-IPO opportunities, public market investing, and tokenized securities. Looking ahead, Gate will continue to broaden access to premium global assets, strengthen its multi-asset trading infrastructure, and deliver a more open, efficient, and seamless global investment experience.

Learn more here.

About Gate

Gate, founded in 2013 by Dr. Han, is one of the world’s leading cryptocurrency and integrated financial services platforms. Serving over 58 million users globally, it supports trading across 4,800+ digital assets and 12,500+ stock assets, while providing access to a comprehensive range of TradFi assets, including metals, stocks, indices, forex, and commodities, delivering users a one-stop, multi-asset trading experience and blockchain-related services. As an industry benchmark, Gate was among the first platforms to implement 100% Proof of Reserves. Its ecosystem includes Gate Wallet, Gate Ventures, Gate for AI Agent, and a wide range of products and services.

For more information, please visit: Website | X | Telegram | LinkedIn | Instagram | YouTube

Disclaimer:

This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Note that Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement.

The post Gate IPO Access Phase 2 Opens Jersey Mike’s (JMKE) Indication Subscription with Dual-Currency Support in USDT and GUSD appeared first on BeInCrypto.

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BloFin Wallet has reached a significant milestone in its evolution, introducing Perpetual Contract Trading and the BloFin Wallet Visa Card, two updates that push the wallet well beyond what most crypto wallets are built to do.

From Holding to Trading: Perpetual Contracts Now Live

BloFin Wallet users can now trade perpetual contracts directly from their wallet, with access to 100+ tokens spanning both cryptocurrency and tradfi assets. Instead of moving funds to a separate exchange, users can trade within the same wallet they already use for swaps, onramp, and earn.

The update also introduces a referral program tied to perpetual trading. Users can share their invite link and earn fee rebates based on their referrals’ trading activity, creating a direct connection between community growth and personal reward.

The Next Era of Finance

BloFin Wallet has also launched the BloFin Wallet Card, a Visa card that lets users spend their digital assets wherever Visa is accepted. The card supports Apple Pay and Google Pay, carries zero issuance and annual fees, and imposes no lock-up period on funds. Users hold their assets until the moment of purchase.

The next phase of digital finance will not be defined by another standalone wallet, exchange, payment card, or yield product. It will be defined by how seamlessly these functions work together. Users increasingly expect to trade, hold, earn, and spend from a single financial environment, without repeatedly moving funds between platforms, waiting through settlement delays, or sacrificing control of their assets. BloFin Wallet is helping pioneer this all-in-one experience. Its ambition extends beyond asset storage: it is building a unified gateway where digital assets can move naturally between investment, trading, yield generation, and everyday spending. By reducing the friction between these activities, BloFin Wallet aims to make crypto capital as accessible and useful as money in a traditional account, while preserving the speed and flexibility of digital markets

The BloFin Wallet Card is a key part of that vision. Alongside the card, BloFin Wallet offers an Earn product with unlimited 6%+ APY, enabling users to put idle assets to work while keeping them accessible. Together, Card and Earn create a more efficient capital loop: assets can remain productive when not being spent, stay available when opportunities arise, and be used directly for real-world payments when needed. This reflects a broader shift in the market. Crypto users are moving beyond speculation alone and increasingly looking for practical financial utility. At the same time, fragmented experiences, one platform for trading, another for custody, another for yield, and another for payments, are becoming less acceptable. The platforms positioned to lead the next cycle will be those that combine deep liquidity, capital efficiency, payment access, and intuitive asset management within one connected experience.

BloFin Wallet’s long-term opportunity is to become a financial operating system for the digital-asset economy: one place where users can enter the market, manage risk, grow their assets, and use their wealth in everyday life. The future of finance will not ask users to choose between trading and spending, or between earning and accessibility. It will bring all of these experiences together, and make the transitions between them nearly invisible.

Trade Smarter, Hold Safer

Taken together, these updates say something about where BloFin Wallet is headed. Where most wallets stop at storage and swaps, BloFin Wallet now covers the full arc from on-chain trading to real-world spending, with earning opportunities built in throughout. The BloFin Wallet app is available on the Google Play Store and the Apple App Store.

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About BloFin Wallet

BloFin Wallet is an on-chain wallet designed to support secure, self-custodied management of digital assets across multiple blockchain networks. The wallet allows users to store, manage, and interact with their crypto assets while maintaining full ownership and control. BloFin Wallet supports multi-chain asset management, primarily across major EVM and Solana networks, and provides access to on-chain applications and services. It is also integrated with the BloFin ecosystem, enabling users to connect their wallet assets with BloFin’s broader financial services. With a focus on security, usability, and interoperability, BloFin Wallet serves as a practical entry point for users engaging with the ecosystem. For more information, please visit wallet.blofin.com.

The post BloFin Wallet Unifies Visa Payments and Perpetual Trading for the Next Era of Finance appeared first on BeInCrypto.

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XRP is caught between a compelling technical setup and stubborn overhead price resistance. That gap is testing bullish patience. The cup and handle pattern that traders have tracked for weeks now faces invalidation. XRP trades near $1.11, remaining well below the former $2.68 to $2.77 breakout zone discussed in earlier bullish scenarios.

Ripple has introduced a dedicated Mint function to streamline RLUSD issuance. The update targets minting delays and improves settlement predictability. It strengthens Ripple’s enterprise infrastructure and could make RLUSD more attractive to institutions. However, the direct benefit favors stablecoin adoption more than immediate spot XRP demand.

Regulatory clarity across Ripple’s product suite remains the bigger variable for XRP price. Even so, infrastructure upgrades could improve long-term confidence if institutional usage continues expanding. Until then, traders still need stronger demand to reclaim higher resistance levels.

Meanwhile, the macro backdrop remains challenging. Megacap technology stocks pressured major U.S. indexes as AI spending concerns resurfaced. Tariff headlines also encouraged a risk-off mood across financial markets. When equities weaken, altcoins rarely avoid the selling pressure.

Discover: The Best Crypto to Diversify Your Portfolio

Can XRP Price Reach $5 Before the Cup-and-Handle Breaks Down?

XRP is trading near $1.11, sitting just below a key resistance zone that many analysts continue to monitor. The measured move target around $5.18 still depends on a sustained breakout above previous swing highs. Meanwhile, the 50-day and 200-day EMAs remain below the current price, keeping the long-term trend constructive.

The breakout trigger remains straightforward. A daily close above nearby resistance with strong volume could open the door to a move toward the next resistance zone around $1.30 to $1.40. Until then, XRP may continue trading within its recent range, frustrating both bulls and bears.

Xrp (XRP)

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On the downside, losing support around $1.08 to $1.10 could invite another test of lower levels. Some wave analysts still warn that a deeper correction is possible if momentum continues fading. However, those bearish projections remain conditional rather than confirmed.

Long-term targets such as $33 to $67 or even $60 are still circulating among well-known XRP analysts. Even so, those are multi-cycle projections rather than near-term expectations. For now, the bigger question is whether XRP can reclaim higher resistance and build enough momentum for a sustained breakout.

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LiquidChain Targets Early Mover Upside as XRP Tests Key Levels

XRP’s cup-and-handle setup illustrates the core frustration of late-cycle positioning: even a technically clean pattern at a $70 billion market cap requires a significant capital event to move the needle. Traders rotating out of stalled large-caps are increasingly looking at early-stage infrastructure plays where the entry price still reflects discovery rather than expectation.

LiquidChain is one project drawing attention. The Layer 3 protocol fuses Bitcoin, Ethereum, and Solana liquidity into a single execution environment. It boasts a Unified Liquidity Layer with Single-Step Execution and Verifiable Settlement, meaning developers deploy once and access all three ecosystems without bridging overhead.

The presale is currently priced at $0.01483, with $920K raised to date. The project is approaching the $1M milestone, which historically marks an inflection point in presale momentum.

Explore LiquidChain’s presale details here.

Discover: The Best Token Presales

The post XRP Price Fails to Complete Cup and Handle as Ripple Introduces Mint to Solve RLUSD Problem appeared first on Cryptonews.

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Tokenized equities volume on Solana jumped from $1.34 million to $3.32 billion over the past year. Solana commented on this development with “Internet Capital Markets.”

The figure marks a roughly 2,400-fold increase. It points to accelerating institutional interest in onchain capital markets.

Solana Equities Lead a Broader Tokenization Surge

The growth mirrors a wider shift across tokenized assets on the network. Monthly volume across commodities, credit, collectibles, and equities climbed from roughly $156 million in June 2025 to several billion dollars a year later. Solana’s official account shared the chart data on X.

Equities alone rose from $670 million in April to $3.3 billion in June, an all-time high for the category. That expansion follows a Securitize NYSE debut. Securitize listed on the New York Stock Exchange (NYSE) in July and tokenized SpaceX-linked SECZ shares on the network.

The trend also builds on a new tokenization record set earlier this summer. SOL price, however, lagged behind the network’s onchain growth.

The token trades near $76, down more than 2% over the past day, according to BeInCrypto data. Tokenized stocks on the network totaled $4.9 billion in the first half of 2026. That figure marks a sixfold jump from $775 million in the back half of 2025.

Horsley Frames Solana Data as Validation

Horsley is co-founder and chief executive officer of Bitwise Asset Management. He framed the jump as evidence that traditional finance is migrating onchain.

The network reportedly processed more than 95% of global cross-chain tokenized stock volume in recent weeks. That figure comes from the report Horsley cited.

Grayscale analysts likewise named five altcoins benefiting from tokenization that could gain further if the momentum continues. Their thesis rests on the same trend Horsley described, namely that issuers keep choosing the network for onchain listings.

Institutional Interest Extends Beyond the US

The trend extends well beyond American markets. SBI Holdings recently struck a partnership with Solana Foundation to build onchain financial infrastructure for Japan. The deal targets yen-pegged stablecoins alongside tokenized assets.

Still, the broader picture carries a caveat. A recent industry report found that roughly half of the broader tokenization market shows no weekly trading activity at all. Headline volume figures, meanwhile, keep climbing.

Whether the pace continues may depend on how many more issuers choose to list shares onchain in the months ahead. That trend matters more than any single report or announcement.

The post Solana Tokenized-Equity Volume Is Up Roughly 2,400x Year-Over-Year appeared first on BeInCrypto.

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Key takeaways

• Cardano (ADA) is trading below $0.168 after being rejected at the 50-day EMA.
• Derivatives data presents mixed signals, with the long-to-short ratio remaining bullish while funding rates have turned negative.
• Large Cardano whales have accumulated approximately 120 million ADA since Monday.

Cardano (ADA) extended its losses on Friday, trading below $0.168 after buyers failed to overcome resistance at the 50-day Exponential Moving Average (EMA) earlier in the week.

Although some large investors continue accumulating ADA, mixed derivatives data and subdued technical indicators suggest the market remains uncertain about the cryptocurrency’s next major move.

Derivatives data reflects divided trader sentiment

Cardano’s derivatives market is sending conflicting signals. According to CoinGlass data, ADA’s long-to-short ratio stood at 1.07 on Friday. 

A reading above one indicates that more traders are positioning for price gains than declines, reflecting a modest bullish bias among leveraged traders.

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However, other derivatives metrics tell a different story. Cardano’s perpetual futures funding rates flipped into negative territory on Thursday and remained at approximately -0.014 on Friday.

Negative funding rates indicate that short sellers are paying long-position holders, typically signaling increased bearish sentiment and expectations of further downside.

The contrast between bullish positioning and negative funding highlights growing uncertainty among traders.

On-chain data suggests larger investors have continued buying despite recent price weakness.

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According to Santiment, wallets holding 1 million to 10 million ADA and 10 million to 100 million ADA have accumulated approximately 120 million ADA since Monday.

Meanwhile, wallets containing 100,000 to 1 million ADA have shown relatively little activity.

The selective accumulation by larger holders may indicate confidence in Cardano’s longer-term outlook, although the buying has not yet been strong enough to trigger a broader shift in market sentiment.

ADA remains below major moving averages

From a technical standpoint, Cardano continues to trade within a broader bearish structure.

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ADA remains below the 50-day EMA ($0.176), the 100-day EMA ($0.202), and the 200-day EMA ($0.267)

The inability to reclaim these levels suggests sellers remain in control of the medium-term trend.

Technical momentum indicators point to a market lacking clear direction. The Relative Strength Index (RSI) is hovering near 48, reflecting balanced buying and selling pressure without a strong trend.

Meanwhile, the Moving Average Convergence Divergence (MACD) remains slightly above the zero line, suggesting that although occasional recovery attempts continue, bullish momentum remains relatively weak.

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Adding to the technical challenge, a previously broken long-term downtrend line near $0.197 has now become a significant resistance level.

For bullish momentum to strengthen, ADA must first overcome several nearby resistance levels, including $0.176 (50-day EMA) and $0.197 (former long-term trendline resistance).

A sustained move above these barriers would improve Cardano’s short-term outlook.

On the downside, traders are watching:

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• $0.150 – Immediate horizontal support
• $0.138 – Key Fibonacci support

A break below $0.138 could expose ADA to fresh lows and reinforce the broader bearish trend.

Cardano continues to face selling pressure after failing to reclaim the 50-day EMA, while mixed derivatives signals reflect uncertainty among market participants.

For now, ADA’s ability to hold above $0.150 while reclaiming the $0.173-$0.176 resistance zone will likely determine whether the token can build a stronger recovery or extend its recent decline.

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