In crypto information as we speak (July 2), Bitcoin is sitting at $58,600, down one other -1.2% over the previous 24 hours as July continues to lean bearish for crypto. Nevertheless, there was a quick rally in a single day, which triggered each day liquidations to spike to $448M, with $265M of that determine coming from brief positions, highlighting that overleveraged bears have been the most important victims.
ETF flows are nonetheless bleeding closely, with yesterday seeing an additional -$296M in Bitcoin offered throughout numerous merchandise, with BlackRock’s IBIT ETF accounting for $219M of that whole. With IBIT promoting greater than $2.1Bn value of BTC over the previous 10 classes, the worlds largest asset supervisor is firmly in command of present value motion.
Whereas practically each main cap token is at the moment within the crimson over the previous 24 hours, Stellar (XLM) and Cardano (ADA) are two of the extra distinguished initiatives within the inexperienced as we speak, up +11% and +4.5% respectively. Day by day buying and selling quantity continues to say no, at the moment at $75Bn, down from $82Bn yesterday.
With the transient in a single day rally throughout crypto, the Concern & Greed Index spiked to 19/100, up from 11/100 yesterday, though most tokens have already retraced the transfer, which is prone to trigger a drop again towards single digits on the subsequent replace.
Crypto Information At present: SOL USD Spikes on Information of File Community Exercise
Solana is regularly setting new data for community exercise and ecosystem income. Nevertheless, broader weak point within the cryptocurrency market is stopping these robust fundamentals from translating into sustained value development.
A big latest growth is the launch of Solana Governance Proposals (SGP), a brand new on-chain governance system that permits validators and delegators to immediately take part in choices relating to the community’s future.
This initiative represents one in all Solana’s most necessary steps in direction of better decentralization and is anticipated to make the ecosystem extra interesting to institutional traders.
In the meantime, the community’s core metrics proceed to succeed in new heights. Over the previous 30 days, Solana processed 3.77 billion non-vote transactions, marking the best month-to-month whole within the blockchain’s historical past.
Moreover, functions constructed on Solana generated $257 million in income through the second quarter, permitting the community to take care of its place because the main Layer 1 blockchain by dApp income for the ninth consecutive quarter.
Regardless of these sturdy fundamentals, the SOL token has not but skilled a major rally. The first purpose for this stagnation is the general weak point within the cryptocurrency market and the continued outflow of institutional capital from digital property.
THE TOKENIZATION TREND IS HARD TO IGNORE. 📈
June tokenized equities quantity:
🟢 Solana: $3.31B (95.6% market share)
🔵 Base: $81.0M
🟡 BNB: $59.6M
⚪ Ethereum: $2.0Msolana:So11111111111111111111111111111111111111112 community processed over 40x Base’s quantity and greater than… pic.twitter.com/t4Lq1mLwM0
— CryptosRus (@CryptosR_Us) July 2, 2026
Crypto Hackers Make Off With Almost $76M in June as Assaults Sluggish: Signal of an Exhausted Market?
In different crypto information as we speak, hackers stole roughly $75.9M in June throughout 40 main crypto incidents. In accordance with blockchain safety agency PeckShield, this determine represents a 7.1% lower from Could, when losses totaled $81.7M.
As reported by The Block, the most important incident of the month was the Humanity Protocol exploit, which PeckShield estimates accounted for $31M. On-chain analyst Specter was the primary to disclose that wallets linked to the challenge misplaced over $31M on June 9.
Nevertheless, Humanity Protocol’s personal investigation later reported the injury to be nearer to $36M. Mission founder Terence Kwok acknowledged that the assault resulted from a compromised personal key.
The second-largest incident concerned the $10M Syscoin Bridge exploit. PeckShield famous that the attacker exploited a validation flaw, enabling them to mint billions of unbacked SYS tokens with out burning the corresponding property.
One other notable sufferer was a bot related to the tackle JaredFromSubway.eth, recognized for conducting MEV sandwich assaults. PeckShield estimated that the bot itself was exploited for $7.5M.
Different vital incidents in June included assaults on Secret Community, Polymarket customers, SecondFi, and TESSERA, with losses starting from $2.4M to $4.67M.
🚨CRYPTO HACKS HIT $75.9M ACROSS 40 INCIDENTS IN JUNE, DOWN FROM MAY!
In accordance with PeckShield knowledge, hackers stole roughly $75.9 million from crypto initiatives in June throughout 40 separate incidents, a 7% drop from Could’s $81.7 million.
The most important loss got here from the Humanity… pic.twitter.com/tNcFIoyoC8
— Crypto Banter (@crypto_banter) July 1, 2026
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