surge

According to The Block, as the price of SOL rose by about 9% on Friday, the stock prices of several Solana digital asset treasury companies also surged significantly. Sol Strategies saw an intraday increase of 22%, reaching $1.20, outperforming other crypto treasury stocks.Other Solana digital asset treasury companies also recorded notable gains. Forward Industries rose as much as 12% to $4.03, SkyAI increased by 11% to $1.07, DeFi Development Corp. climbed 10% to $2.73, and Solana Company also rose by over 10%, peaking at $1.65.This round of increases was also driven by expectations of index inclusion. Several digital asset treasury companies, including the largest Solana treasury company Forward, will be included in the Russell index after the market closes on Friday. The two major Ethereum treasury companies, Bitmine and SharpLink, will also be included in the relevant Russell index, while the smaller Solana treasury company Upexi will enter the Russell Microcap.

According to monitoring by Catcher Predict, in the event of "Crude Oil Surge at the End of June" on the prediction market Polymarket, the probability of the "Yes" option in the sub-market "70 Dollars" has experienced a sharp fluctuation, soaring from 58.55% an hour ago to the current 77.15% (a fluctuation of 18.6%). Please note the impact of related breaking news.

According to Gate market data, after the release of the US PCE data, spot gold surged nearly 30 dollars in the short term, currently reported at 4,010 dollars/ounce.

According to Jinshi reports, Micron Technology's stock surged 18% in pre-market trading, with the company's strong performance greatly exceeding market expectations, and several major banks have raised their target prices for it.

According to Jinshi reports, the Nikkei 225 index surged 4% during the day, currently reported at 71,986.36 points.

The latest report from Binance Research shows that the on-chain tokenization of real-world assets (RWA) has grown by 589% since the beginning of 2025, now exceeding $31.4 billion, further expanding from $21.5 billion at the beginning of 2026, and growing approximately fivefold since the beginning of 2025. The main drivers of growth come from bonds and money market funds, which together added about $6.5 billion, an increase of 83%. Tokenized U.S. Treasury bonds, money market funds, gold-backed assets, and tokenized listed stocks are the main driving forces behind this round of growth. Although the base for tokenized stocks is relatively small, the growth rate is particularly remarkable, indicating that issuing institutions are testing whether blockchain tracks can support the circulation of a broader range of traditional securities.Analysts point out that this round of RWA growth differs from the previous narrative of the crypto market dominated by speculative trading or DeFi yields, and is more closely linked to traditional financial infrastructure, focusing on institutional needs such as settlement efficiency, collateral liquidity, and programmable asset services. However, compared to the global bond, money fund, and stock markets, which are worth tens of trillions of dollars, $31.4 billion is still a drop in the bucket. The report indicates that the key to the next phase of growth lies not in the issuance of tokens themselves, but in the improvement of liquidity depth, legal enforceability, custody standards, and access to secondary markets. The regulatory framework remains the core bottleneck restricting further expansion of scale.

According to SBS Biz, in the past three years, overseas remittances through cryptocurrency exchanges in South Korea have increased by 380%, while remittances through traditional banks have only grown by 20%. Last year, the total amount of foreign currency remittances from South Korea's five major banks was 159 trillion won (approximately 122 billion USD), an increase of 20% compared to 131.8 trillion won (approximately 101 billion USD) in 2022.At the same time, data from the office of Congressman Kim Sang-hoon shows that during the same period, the remittance amount through the five major won-denominated cryptocurrency exchanges in South Korea surged from 34.02 trillion won (approximately 26.2 billion USD) to 163.55 trillion won (approximately 125.8 billion USD), an increase of 380%. Dongguk University professor Hwang Seok-jin attributes the significant growth in cryptocurrency remittances to their lower transaction fees compared to banks.

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Counter-Strike: FURIA vs Team Falcons - IEM Cologne Playoffs," the option "Team Falcons" in the sub-market "Map 2 Round Spread: Team Falcons (-3.5) vs FURIA (+3.5)" has experienced a sharp fluctuation in win probability, rising from 36.5% an hour ago to the current 53% (a fluctuation of 16.5%). Please note the impact of relevant breaking news.

According to Forbes, in the 2026 U.S. Congressional primary elections, the Democratic PAC "Protect Progress," supported by Coinbase, Ripple, and Andreessen Horowitz, is making a large-scale intervention in several Black district primaries. The PAC invested over $4.9 million in Maryland candidate Adrian Boafo, helped Christian Menefee in Texas defeat anti-crypto Congressman Al Green (spending over $5 million), and invested about $4 million in Georgia to support Jasmine Clark's victory.The related campaign advertisements did not mention the cryptocurrency industry background. Journalist Joy Reid characterized this operation as "Blackwashing"—delivering funds from the crypto industry to Black districts under the guise of progressiveness while deliberately hiding the identity of the funders.Analysts point out that the core logic of this network is not based on race, but rather on supporting allies and suppressing critics, with the ultimate goal of influencing the legislative direction of the pending "Digital Asset Market Clarification Act" (CLARITY Act).

Aave experienced approximately $8.45 billion in fund withdrawals after the KelpDAO's rsETH cross-chain bridge was attacked in April 2026, but the core functions of the protocol did not fail, successfully completing one of the largest liquidity stress tests in DeFi to date. This crisis originated from the attack on KelpDAO's LayerZero cross-chain bridge, resulting in approximately $292 million in rsETH being stolen, raising concerns in the market about the collateral value and solvency of rsETH.As rsETH is widely used as collateral in protocols like Aave, the risk quickly spread, leading to concentrated withdrawals by users, with some market utilization reaching 100% at one point, causing some users to be unable to withdraw funds immediately. In the face of liquidity tightening, the Aave risk management team initiated emergency freeze and parameter adjustment mechanisms to limit the spread of risk.Aave founder Stani Kulechov viewed this incident as proof of the maturity of DeFi, believing that the protocol continued to operate as designed under extreme pressure, demonstrating the resilience of an on-chain transparent, rules-driven system. However, several independent analysts pointed out that while Aave avoided a systemic collapse, the event exposed that the DeFi lending system still has concentration risks, liquidity risks, and contagion risks arising from high interconnectivity between protocols. The behavior of large borrowers could have an impact on the overall stability of the system that exceeds model expectations.Aave currently controls risk through multiple protective measures such as loan-to-value (LTV) limits, liquidation thresholds, supply caps, borrowing limits, Isolation Mode, E-Mode, and governance mechanisms. These mechanisms played a role during this crisis, but observers believe that the governance response speed and risk models still need further optimization to cope with future unknown systemic shocks.Analysis suggests that this incident indicates that DeFi protocols can withstand large-scale runs without external assistance, but a single stress test cannot fully prove system safety. As the composability between protocols continues to strengthen, an issue with an external asset or cross-chain bridge could still quickly evolve into a liquidity crisis for the entire ecosystem.

According to Jinshi reports, data shows that forex traders, including hedge funds, are buying options in large quantities, betting that the dollar will strengthen further after the Federal Reserve released hawkish signals this week. Leveraged funds began buying dollar call options on Wednesday, and this demand continued into Thursday as investors digested the anti-inflation remarks from the new Federal Reserve Chair, Waller. Tobias Jungmann, head of forex options at Bank of America, stated that the buying of dollar call options is heavily concentrated in G-10 currencies. James Swindell, a forex options trader at Barclays, also noted a significant increase in demand for dollar call options, particularly in the euro/dollar and pound/dollar pairs.

According to monitoring by Catcher Predict, in the prediction market Polymarket for the event "San Francisco Giants vs. Atlanta Braves," the option "San Francisco Giants" in the sub-market "Spread -3.5" experienced significant fluctuations in win probability, soaring from 30% an hour ago to the current 49% (a fluctuation of 19%). Please note the impact of related breaking news.

According to on-chain analyst Yu Jin (@EmberCN), as SPCX surged to $214 in night trading, the total market capitalization reached $2.8 trillion, and the largest SPCX short address on Hyperliquid has now seen its unrealized loss expand to $4.46 million.This address previously shorted 111,000 shares of SPCX at $173 (approximately $23.75 million), and the current liquidation price is $249.

Hong Kong Stock Zhipu (02513.HK) surged significantly during today's trading, at one point rising over 45%, reaching a high of 1620.00 HKD, and currently the increase has narrowed to around 28%, reported at 1404.00 HKD. In response to the unusual stock price movement, Zhipu issued a statement saying that the company is not aware of any undisclosed insider information.On the news front, against the backdrop of the strongest models from overseas competitors being globally banned due to government regulations, Zhipu announced the launch of its latest flagship model GLM-5.2. This model supports long contexts of up to 1M and will be fully open-sourced next week under the MIT license. Zhipu stated that this move aims to attract global developers with an open strategy, and it is expected that the release of this model will effectively benefit the company's subsequent open platform and API business call volume increase.

According to Jinshi reports, the Nikkei 225 index surged 5% during the day, currently reported at 69,348.55 points.

According to Decrypt, the trading volume of tokenized Pokémon cards on crypto platforms is rapidly increasing. Driven by the "gacha" mechanism, it creates a trading experience similar to "opening boxes/drawing cards" by mapping physical cards to NFTs or digital certificates. Data disclosed by Messari shows that in May, approximately $230 million in transaction volume was achieved across seven blockchains including Solana, Polygon, Base, and BNB, which is about a tenfold increase compared to a year ago.In addition, the global trading card market size reached $15.8 billion in 2024 and is expected to grow to $23.5 billion by 2030, while the overall market value of NFTs is currently around $2.4 billion, indicating that on-chain collectibles are still in the early penetration stage.

According to monitoring by Catcher Predict, in the predicted market event "Knicks vs. Spurs" on Polymarket, the "Yes" option for the sub-market "Mikal Bridges: Points O/U 2.5" experienced a sharp fluctuation in winning probability, soaring from 56.5% an hour ago to the current 80% (a fluctuation of 23.5%). Please note the impact of related breaking news.