According to Cointelegraph, Solana's native token, SOL, has experienced a 28% rally over the past three weeks, generating moderate optimism in the derivatives market. Despite this positive momentum, major players such as whales and market makers have yet to adopt a bullish stance. Traders are now contemplating what factors could drive SOL towards the $260 mark. The current annualized funding rate for SOL stands at 16%, indicating moderate enthusiasm among retail traders. Typically, under neutral conditions, the funding rate for perpetual contracts ranges between 5% and 15%, suggesting that long positions are paying a premium to maintain exposure. Despite the recent price increase, SOL has underperformed compared to the broader altcoin market. For instance, Ether (ETH) surged by 51% and XRP by 41% during the same period. Although SOL is now trading near its highest level in five months, around $190, traders remain cautious. To reach the $260 level, SOL requires network growth and a sentiment boost. While leveraged bullish positions are not essential for SOL to reclaim this level, renewed confidence is necessary to counteract selling pressure. Solana's network activity remains 85% below January levels, yet network fees have increased by 27% over the past 30 days, contrasting with declines seen by competitors like BNB Chain and Base. Solana generated $32.9 million in network fees over 30 days, with $12 billion in total value locked (TVL). In comparison, Ethereum holds $91 billion in deposits. These figures are promising for SOL holders, as staking yield is closely tied to network revenue. To assess whether professional traders are warming up to the idea of a rally to $260, the monthly futures market is worth examining. Under neutral market conditions, these contracts typically trade at a 5% to 10% premium over spot prices. On Monday, SOL's 3-month futures premium reached the neutral 6% level for the first time in five months, marking a departure from earlier bearish sentiment. Investors are closely monitoring the potential approval of multiple spot Solana exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). Such approval could unlock institutional demand, similar to the success of Ether ETFs, and build on existing products like the REX-Ospray SOL Staking ETF (SSK). Registered under the Investment Company Act of 1940, the SSK ETF does not require the typical SEC S-1 filing. Since its launch on July 2, it has accumulated $130 million in assets under management. Given Solana's strong network activity and growing expectations for a spot ETF approval in the US, the likelihood of SOL reaching $260 in the short term appears strong.

Mill City Ventures' stock is up over 270% since last week. source: https://decrypt.co/332112/sui-spotlighted-as-nasdaq-listed-lender-raises-450-million-for-crypto-treasury

Stablecoin giant Tether has minted $8 billion dollars worth of its flagship USDT in the last 25 days alone, according to on-chain data. Citing Arkham data, on-chain analytics firm Spot On Chain reports that Tether minted $1 billion in USDT on the Ethereum (ETH) network early on Monday. source: https://dailyhodl.com/2025/07/28/tether-abruptly-prints-8000000000-in-usdt-on-ethereum-eth-and-tron-as-crypto-market-recovers/

null source: https://x.com/BTC_Archive/status/1949902236659961895

MARA Holdings has closed its upsized $950 million offering of 0. 00% convertible senior notes due 2032 for Bitcoin and corporate expansion. According to a press release published on July 28, the transaction was finalized on July 25 and conducted as a private sale under Rule 144A of the Securities Act. $950 Million Raised by MARA HoldingsThe company […] source: https://cryptonews.com/news/mara-950m-notes-offering-bitcoin-expansion/

XRP was stopped once again ahead of the $3. 3 resistance. source: https://cryptopotato.com/xrp-outshines-btc-and-eth-in-this-crucial-metric-but-prices-take-a-hit/

An outflow of $3. 5 billion from stablecoins is associated with 3-month T-bill yields soaring by 6-8 bps, a BIS paper finds. source: https://www.thestreet.com/crypto/markets/u-s-treasury-yields-jump-6-8-bps-amid-shocking-multi-billion-outflows

A coalition of high-ranking Senate Democrats is pushing back against Federal Housing Finance Agency (FHFA) Director William Pulte’s recent order that would allow mortgage lenders to utilize unconverted crypto in the underwriting process, according to a new letter sent to the investment firm founder. Senators Raise Red Flags Over Crypto Mortgage LendingAccording to the July 25 […] source: https://cryptonews.com/news/democratic-senators-raise-concerns-over-fhfa-d/

WIF forms a cup and handle pattern near $1. 40 as bulls watch key breakout zones and rising volume supports the move. source: https://cryptopotato.com/is-wif-ready-to-rip-chart-pattern-says-yes/

Sure! Here’s an expanded version of the sentence: "What exactly is Hyperliquid, and how does its underlying technology operate? Additionally, considering the potential financial implications and market trends, is it advisable for investors to consider purchasing HYPE tokens in the year 2025?" source: https://blocknews.com/what-is-hyperliquid-how-does-it-work-and-should-you-buy-hype-in-2025/

RWA+稳定币体系具有锚定现实法律和物理存在、独立市场和新玩法、以及作为结算燃料的稳定币，实现资产的快速流动和透明交易。

金色财经推出《金色Web3.0日报》，为您提供最新、最快的MEME、DeFi、DAO、NFT和元宇宙行业新闻。

加密监管是去中心化理想的倒退，还是金融体系规范化演进的必然？

稳定币,与肖风再谈稳定币：回归技术本质 避免观念误区 金色财经,稳定币的性质是由其技术属性决定的。

SharpLink Gaming has made headlines in the crypto world with a bold treasury move: purchasing 77,210 ETH—worth approximately $295 million—surpassing the total Ether issued on the Ethereum network in the past month.

“传统法币金融体系的死亡螺旋，将驱动加密货币的暴涨飞轮，拥抱加密货币，不是一个关于投资回报率的问题，而是关于个人和家庭经济安全的抉择”

是什么让BNB一涨再涨？未来能涨到多少？加密财库储备泡沫正在形成吗？

El Salvador’s high-profile experiment with Bitcoin seems like its coming to an end following the restrictions the country is facing on top of the fading public enthusiasm for Bitcoin.

ETH,以太坊十年磨一剑 金色财经,十年沉浮，一场数字资产的华丽蜕变。

越南的经验可能为其他新兴市场、发展中国家提供一个可行的范本。