Although some see SPX6900 as another meme asset that has a flash in the pan after the DOGE and PEPE craze, its rise is highly strategic and has a solid community foundation, making it one of the most organized speculative frenzies in this crypto cycle. Its market performance has far exceeded expectations, outperforming many established alts and even some mid-cap Decentralized Finance projects. Let's delve into this current market phenomenon that is the most unpredictable yet exciting.

The Ethereum scaling battle is intensifying, with the two major Layer 2 giants, Arbitrum and Optimism, leading the charge. They are no longer experimental chains but ecosystems worth billions of dollars, becoming the pillars of modern DeFi and incubators for next-generation Web3 infrastructure. However, they have chosen vastly different paths: one pursuing modular unity and the other emphasizing sovereign flexibility.

The recovery of the Crypto Assets market has sparked investors' risk appetite for meme coins and Layer 2 (L2) alts. Meme coins based on Solana, such as Pudgy Penguins (Pengu) and Fartcoin (FARTCOIN), as well as the altcoin Walrus (WAL) based on SUI, have all outperformed the market in the past 24 hours. The technical outlook remains bullish, supported by key resistance levels or pattern breakouts.

UK and Singapore officials held the 10th Financial Dialogue in London, reaching multiple cooperation Consensus in the digital finance field, including advancing the Project Guardian initiative and the Global Layer One plan to drop the barriers to Tokenization asset trading.

Ondo Finance has partnered with Pantera Capital to launch a $250 million "Catalyst" investment program focused on the tokenization of real assets, involving equity and token investments. Ondo is a leading issuer of tokenized U.S. Treasury securities, with a market capitalization of approximately $1.4 billion, and is developing a dedicated Layer-1 Blockchain network.

Gate News bot message, MemeCore announced on X that its native token M coin is officially logging in to major centralized exchanges (CEX). M trading will go live on July 3.

The crypto assets market has reached a significant turning point. After years of waiting, the U.S. has approved the first Solana (SOL) spot ETF—crucially, this ETF will include a staking rewards mechanism. This is not only a new product but also the beginning of a new model that merges Wall Street capital with on-chain real yields. The shockwave has swept through the altcoin market. On July 3rd, according to market data, the REX-Osprey SOL spot ETF reported a trading volume of $33.914 million on its first day.

In the realm of Real World Asset Financing (RWAfi), Plume Network is taking a crucial step forward. Plume Network has officially added USD1 (a stablecoin backed by U.S. Treasury bonds and their cash equivalents) as the primary reserve for its native stablecoin pUSD. This collaboration comes at a time when Plume Network is establishing a strategic alliance with USD1 issuer World Liberty Financial (WLFI), aimed at promoting the development of RWAfi through the establishment of institutional-grade stablecoin infrastructure. This partnership not only brings USD1 into Plume's native ecosystem, unlocking scalable DeFi liquidity and collateral but also heralds the beginning of a new chapter in institutional-grade asset tokenization.

The price of Ethereum broke through and rose after reaching 2601 USD on July 2, with an expectation of accelerated inflow of Spot ETF funds in the second half of 2025. Robinhood is building a Layer-2 chain on Arbitrum, strengthening Ethereum's position in tokenization finance.

ChainCatcher news, the autonomous IP Layer 1 Blockchain Camp Network announces the upcoming launch of the Summit Series Phase 2 incentive program. This phase will introduce more collaborative applications, well-known IP resources, and fun tasks.

Gate News bot message, Gate News report, IoTeX officially launches an AI strategic upgrade plan, introducing an open source "Physical AI" ecosystem platform. The platform aims to connect hundreds of millions of connected devices worldwide, integrating them with decentralized infrastructure nodes into an AI real-time data engine. The main feature of the platform is decentralization.

Blockchain infrastructure is no longer built behind closed doors. Avery Ching, co-founder and CEO of Aptos Labs, has recently been appointed as a member of the Digital Asset Markets Subcommittee of the Commodity Futures Trading Commission (CFTC). This marks a new phase in crypto assets regulation: infrastructure builders are starting to take part in rule-making directly.

Learn about the revolutionary cross-chain tool SuperSwaps of the leading DEX Velodrome in the Optimism ecosystem. Directly swap native assets between Superchain networks such as OP Mainnet, Base, and Celo without the need for bridging, wrapping tokens, or external liquidity pools. Explore how the innovative ve(3,3) model of the $92 million TVL liquidity center is reshaping the cross-chain trading experience.

According to CNBC, U.S. brokerage Robinhood (HOOD) saw its stock price surge nearly 13% on Monday, setting a new all-time high. This came after the company announced the launch of tokenized stocks of OpenAI and SpaceX for European users as part of its broader promotion of Crypto Assets.

Gate News Bot news, on July 2nd, according to CoinMarketCap data, as of the time of writing, ARB (Arbitrum) is currently priced at $0.33, having fallen by 0.90% in the last 24 hours, with a highest point of $0.39 and a lowest point of $0.30. The current market capitalization is approximately $1.659 billion, a decrease of $15.0021 million compared to yesterday. Arbitrum is a powerful Layer 2 expansion.

Gate News bot message, on July 2, Mizuho Securities analyst reiterated a "buy" rating on Robinhood (HOOD), while raising the target price from $80 to $99. Analyst Dan Dolev stated in the report: "The speed of Robinhood's product innovation is impressive." He listed several newly launched products, including those aimed at Europe.

The Moca Foundation has announced the launch of Moca Chain, a Layer 1 Blockchain specifically developed for identification and user data, supporting the development of identity protocols across various industries and promoting decentralized digital credential management. The Testnet and Mainnet are expected to be launched in the third and fourth quarters of 2025, respectively.

Gate News bot message, Canton Network developers have completed a $135 million financing round to expand the scale of its institutional Blockchain platform Canton Network. This round of financing attracted major investors including DRW Venture Capital, Tradeweb Markets, Goldman Sachs, BNP Paribas, and Circle Ventures.

Gate News bot reported, according to Cointelegraph, Aptos Labs and Jump Crypto launched Shelby, a Web3 cloud storage layer designed to support streaming, AI, and DePIN applications.

Gate News bot message, on July 2, Mizuho Securities analysts reiterated their "buy" rating on Robinhood (HOOD) and raised its target price from $80 to $99. The day before, Robinhood announced the launch of tokenized stock products based on Arbitrum and is developing a dedicated RWA (Real World Asset) called Robinhood Chain.

According to ChainCatcher news, Stable has announced a plan for a Layer 1 network based on USDT, divided into three phases: the base layer focuses on USDT and user experience, the experience layer enhances trading capabilities, and the optimization layer implements DAG-based consensus. This project supports financial institutions, and the internal Testnet has been launched.

According to ChainCatcher, Stable has announced a plan for a Layer 1 network based on USDT, divided into three phases: the basic layer focuses on USDT and user experience, the experience layer enhances trading capabilities, and the optimization layer implements DAG-based consensus. This project supports financial institutions, and the internal Testnet is now live.

Gate News bot message, according to CoinDesk, the Bitcoin Layer 2 solution Botanix officially announced its launch on the Mainnet. This upgrade will significantly reduce the Bitcoin block generation time from the original 10 minutes to 5 seconds. Botanix Labs confirms that the newly launched Mainnet supports EVM compatibility. In terms of governance structure, Botanix

According to Gate News bot, the Bitcoin Layer 2 network Stacks is utilizing Wormhole's NTT (Native Token Transfer) standard to achieve multi-chain deployment of its ecosystem assets for the first time. This cross-chain expansion mainly involves two core assets: the decentralized Bitcoin anchor currency sBTC and Stacks' native token STX.

Gate News bot message, on July 1st, before the opening of the US stock market, Robinhood (HOOD) experienced a brief rise of over 4%, followed by a decline. As of now, the gain has narrowed to 0.93%, with the stock price reported at 94.55 USD. Recently, Robinhood announced two new initiatives: the first is the launch of tokenized stock products based on Arbitrum, and the second is the plan to...

According to BlockBeats news, on July 1, Robinhood (HOOD) rose over 4% in pre-market trading before retreating, with the current increase narrowing to 0.93%, and the stock price now reported at 94.55 USD. Robinhood previously announced the launch of tokenization stock products based on Arbitrum and will build a dedicated Layer 2 network for RWA.

BlockBeats news, on July 1, Robinhood's stock price rose by 13%, marking its best single-day performance since April 9. The CEO of Robinhood announced that the company plans to expand its tokenized trading of U.S. stocks from the current 200 to "thousands" by the end of this year. In addition, Arbitrum (Arb) also rose by 20%, triggering widespread market attention. Robinhood is accelerating the expansion of its encryption business, planning to launch its own blockchain and introduce "stock tokens" in the EU market. Recently, the company launched a tokenized stock trading product based on the Ethereum Layer 2 network Arbitrum for European users, supporting over 200 U.S. stocks and ETFs, and enabling trading around the clock on weekdays. Robinhood stated that this initiative

Gate News, Polyhedra officially announced the launch of the compensation program "Phoenix Revival Program" in response to the June attack incident. All users who staked ZKJ on-chain at the Snapshot time on June 15, 2025, 13:00 UTC will enjoy the following two exclusive benefits: 1. Incentives and rewards for future Polyhedra products 2. Allowlist eligibility for future ecosystem project Airdrops. The proportion of benefits each user can obtain in the future will be calculated based on their staked Computing Power at the Snapshot time (June 15, 2025, 13:00 UTC) (SP).

In the digital age, the importance of data privacy is increasingly evident. Recently, the cryptography company Zama, which focuses on fully homomorphic encryption (FHE) technology, announced exciting news: they successfully completed a $57 million Series B funding round led by Blockchange Ventures and Pantera Capital. This funding round not only brings Zama's total funding to over $150 million but also pushes its valuation beyond $1 billion, making it the first "unicorn" company to enter the field of fully homomorphic encryption. This milestone is not only a victory for Zama but also a beacon of hope for the development of privacy protection technologies in blockchain and the entire digital world.

Gate news, Dash official announcement introduces version 2.0, the details are as follows: Dash Platform 2.0 is a transformative release that introduces a comprehensive token infrastructure for the decentralized application ecosystem. This major update enables developers to create, manage, and distribute custom tokens on the Dash network while maintaining the platform's commitment to security, decentralization, and performance. With support for multiple tokens per contract and advanced distribution mechanisms, Platform 2.0 opens new possibilities for DeFi applications, loyalty programs, governance tokens, and digital asset management.

Gate News bot news, on July 1st, according to The Block, the ETH/BTC futures trading volume ratio has soared to nearly parity at 98%, marking a sharp reversal of the prevailing bearish sentiment towards Ethereum for much of 2024. Data shows that investor preferences are shifting, and confidence in Ethereum's prospects is being restored. The ratio has...

According to Gate News bot, as reported by TapChiBitcoin, Alex Gluchowski, founder and CEO of Matter Labs, responded to Toly's statement on the X platform. Gluchowski stated that Solana cannot compare to Ethereum (ETH) in terms of decentralization and censorship resistance, and it also lags behind the second layer (Layer 2) using a single sequencer in terms of latency and performance.

According to a report by Jinse Finance, Alex Gluchowski, the founder of ZKsync and CEO of Matter Labs, responded on the X platform to Solana co-founder Toly, stating that Solana cannot compete with Ethereum in terms of Decentralization and censorship resistance, and also cannot compete with the latency and performance of single sequencer Layer 2 networks. Previously, Solana co-founder Toly stated that Solana is not looking to "wage war" with Ethereum, but rather to combat centralized sequencer Layer 2 based on Ethereum.

According to Gate news and TapChiBitcoin, the last week of June will see a wave of strong Token unlocks, with a total value of up to 84.64 million dollars. Three well-known projects, Blast (BLAST), Venom (VENOM), and Across Protocol (ACX), will simultaneously release a large amount of previously locked Tokens into circulation. Unlock events typically lead to significant market Fluctuation. Therefore, the influx of new supply may result in substantial price Fluctuation.

BlockBeats news, on June 30, according to official sources, the chain developed by Robinhood based on Arbitrum is temporarily named Robinhood Chain, and it is still under development, which may change. Its availability depends on applicable regulations and future launch timing.

Robinhood announced that it will expand its encryption business by launching tokenized stock products based on Arbitrum, covering over 200 US stocks and ETFs, supporting round-the-clock trading. At the same time, the company is developing its own Layer 2 Blockchain to optimize tokenized assets, expected to go live by the end of this year or early next year.

According to Gate News bot, digital broker Robinhood (HOOD) announced on June 30 that it is expanding its encryption business. The company plans to develop its own blockchain network based on Arbitrum and launch tokenization stock trading services. Robinhood has launched tokenization based on the Ethereum Layer 2 network Arbitrum for European users.

The digital broker Robinhood has announced that it will expand its encryption business by launching tokenized stock products based on the Ethereum Layer 2 network Arbitrum, covering more than 200 U.S. stocks and ETFs, and is building its own blockchain network to support 24/7 trading. This new initiative aimed at European users will help enhance the functionality of its encryption application.

Robinhood announced that it will allow EU customers to trade U.S. stocks and ETFs via blockchain, launching zero-commission "stock tokens," and plans to transfer them to its own Layer 2 chain to enhance trading speed and efficiency.

Gate News bot news, the DEX Hyperliquid has surpassed $1.571 trillion in perpetual futures trading volume over the past 12 months. With its massive trading volume, Hyperliquid's fees and revenue for this month have reached $56 million, with a total revenue of $310 million.

Gate News bot news, according to SoSoValue data, as external disturbances ease and short-term uncertainty decreases, market sentiment shows signs of recovery, with the crypto market generally pumping across various zones. Among them, the Layer 2 zone rose 5.27% in 24 hours, with Arbitrum (ARB) rising 17% due to news that Robinhood may launch a Layer 2 network based on ARB technology. Additionally, Bitcoin (BTC) rose 1.13% in 24 hours, breaking through $108,000. Ethereum (ETH) rose 3.43%, climbing above $2,500.

Gate News bot news, PANews June 30 report, SoSoValue data shows that the current crypto market zones are showing a full rise trend. The Layer 2 zone has a 24-hour pump of 5.27%, among which Arbitrum (ARB) has risen by 17.81% due to news that Robinhood plans to launch a Layer 2 network based on the ARB technology stack. Bitcoin (BTC) 24-hour rise 1.13%��

On June 30, the crypto market as a whole warmed up, with various zones generally rising. The Layer2 zone rose by 5.27%, and Arbitrum had a big pump of 17.81%. Bitcoin broke through $108,000, and Ethereum rose to over $2,500. GameFi, Meme, and AI zones also performed well, rising by 4.02%, 3.92%, and 3.89%, respectively.

Gate News bot message, according to SoSoValue data, the crypto market zones are showing an overall rise. The Layer 2 zone saw a 24-hour rise of 5.27%, with Arbitrum (ARB) rising by 17.81%, which is related to the news about Robinhood's plan to launch a Layer 2 network based on the ARB technology stack. Bitcoin (BTC) rose by 1.13%, price surged

According to Gate News bot, the activity of Optimism superchain Layer 2 Ink has surged ahead of its token launch. Last week, the Ink Foundation announced the issuance of 1 billion INK tokens and community airdrop through the liquidity pool on Aave.

Gate News bot message: According to the latest news, stablecoins are gradually becoming the core of internet payments. Alchemy Engineering Director Noam Hurwitz pointed out that the adoption rate of stablecoins has surpassed major traditional card networks, showing an "explosive" rise trend, and is expected to become the default settlement layer of the internet. Payment giants like PayPal and Stripe have started

Stablecoins have become the core of internet payments, with adoption surpassing major traditional card networks and a rapid rise. Companies like PayPal and Stripe leverage stablecoins to enable faster, cheaper transactions, making them popular in cross-border payments and prediction markets.