Solana Records 97% Tokenized Equities Volume as SoFi, Cash App Join the Network

The post Circle Freezes $12.6M USDC in Zama Protocol, Sparks Criticism appeared on BitcoinEthereumNews.com. Terrill Dicki May 30, 2026 18:52 Circle’s $12.6M USDC freeze in Zama’s protocol raises concerns over unilateral actions and selective enforcement in the stablecoin market. Stablecoin issuer Circle has frozen $12.6 million in USD Coin (USDC) tied to Zama, a privacy-focused protocol, according to on-chain analyst ZachXBT. The freeze, which reportedly occurred without prior notice, has reignited criticism over Circle’s ability to unilaterally blacklist addresses and confiscate funds at the smart-contract level. According to ZachXBT, the affected funds were linked to Zama’s confidential USDC (cUSDC) smart contract. The smart contract was publicly labeled on blockchain explorers, and $12.4 million had been deposited into it by wallets associated with the DeFi protocol Overnight Finance earlier in May. Overnight Finance itself recently faced allegations of misappropri

The post Stablecoin Count Nears 400 as SoFi Deploys Bank-Grade Infrastructure to Match Surging Issuance appeared on BitcoinEthereumNews.com. TLDR: Stablecoins on CoinGecko grew from under 50 in 2018 to nearly 400 in 2025, with issuance still rising fast. SoFiUSD became the first bank-issued stablecoin available inside a U.S. consumer banking app on May 27. SoFi’s Galileo platform serves 160 million accounts, giving SoFiUSD institutional distribution beyond its own users. SoFiUSD is fully backed by Federal Reserve cash, setting it apart from mixed-reserve crypto-native stablecoin issuers. Stablecoins listed on CoinGecko have grown from under 50 in 2018 to nearly 400 in 2025, with issuance still accelerating. That volume of capital requires disciplined credit infrastructure to match it. SoFi Technologies made a direct move in that direction on May 27, launching SoFiUSD to all 14.7 million banking app members. The token redeems 1:1 for U.S. dollars and runs on Ethereum and Solana. Source:

The post Ethereum And BNB Chain Lead Top 10 Blockchains By Developer Activity appeared on BitcoinEthereumNews.com. The developer community’s performance often plays a crucial role in measuring the blockchain ecosystem’s pulse. Particularly, over the past month, Ethereum, BNB Chain, and Polygon have held the leading positions based on developer activity. As the data from Santiment suggests, the other notable names include Arbitrum, Solana, Cosmos, Optimism, Avalanche, Gnosis, and Harmony. Nonetheless, when it comes to the individual performance of these platforms, the developer activity has notably declined over the past 30 days. Ethereum Tops Blockchains in Monthly Developer Activity with 38.4K Events and 904 Contributors Ethereum remains the top player in the blockchain sector when it comes to developer activity. In this respect, the blockchain network has recorded a total of 38.4K developer activity events over the month. This figure highlights a 17.35% decrease. In addition to this,

The post SoFiUSD stablecoin launch: SoFi expands bank-backed token appeared on BitcoinEthereumNews.com. Stablecoin growth has been fast, messy, and hard to ignore. The SoFiUSD stablecoin launch lands in the middle of that shift, as SoFi Technologies pushes a bank-backed token into a market long dominated by crypto-native issuers. The timing matters. CoinGecko stablecoin listings grew from under 50 in 2018 to nearly 400 in 2025, a sharp rise that shows how quickly dollar-linked digital assets have spread across crypto and payments. More tokens mean more capital moving through the system, and that also puts more pressure on the plumbing behind it. SoFi is betting that the next phase of the market will reward regulated infrastructure, not just speed. On May 27, the company launched SoFiUSD to all 14.7 million banking app members, giving a large retail user base direct access to a new bank-issued stablecoin built for consumer use and settlement. Stablecoin issuance keeps expanding The stab

The post Arthur Hayes Expects Hyperliquid To Flip Solana In Current Bull Run appeared on BitcoinEthereumNews.com. BitMEX co-founder Arthur Hayes remains bullish on the future of Hyperliquid (HYPE). He even believes that the token may flip Solana (SOL) in market capitalization until the end of the current crypto bull cycle. Arthur Hayes Shares New Hyperliquid Prediction Hayes responded to rising fears of a long-term downturn in the market in a post on X. He shared an image of the crypto rankings and wrote: “Are we dreaming big enough? Looking at this list of mostly dogshit coins, I think $HYPE should at a minimum overtake $SOL before this bull run is over.” The call is interesting due to the amount of catch-up that Hyperliquid would have to make. Arthur Hayes shared the market capitalization of the respective top cryptocurrencies. In his snapshot, Solana holds a cap of around $47.73 billion and Hyperliquid boasts a valuation of $15.04 billion. Top crypto assets list. Source: Arthur Haye

The post HYPE vs Solana: Hayes Expects Hyperliquid to Become Bigger Than Solana appeared on BitcoinEthereumNews.com. Arthur Hayes predicts Hyperliquid could surpass Solana. He sets a $150 target for HYPE, citing strong revenue, buybacks, and growth plans. Arthur Hayes, co-founder of BitMEX, has made a bold prediction about Hyperliquid and its native token HYPE. He thinks that the decentralized derivatives platform may grow to be bigger than Solana in market value someday. Moreover, he has set a price target of $150 for HYPE before the current crypto bull run ends. Hayes Sets $150 Target for HYPE and Challenges Market Sentiment Hayes shared his thoughts on X, where he asked if the market is thinking big enough. He also refuted the notion that the crypto market is in a bear market. Rather, he emphasized the favorable performance of some of the alternative coins. Are we dreaming big enough? Looking at this list of mostly dogshit coins, I think $HYPE should at a minimum overtake $SOL befor

Arthur Hayes predicts Hyperliquid could surpass Solana. He sets a $150 target for HYPE, citing strong revenue, buybacks, and growth plans. Arthur Hayes, co-founder of BitMEX, has made a bold prediction about Hyperliquid and its native token HYPE. He thinks that the decentralized derivatives platform may grow to be bigger than Solana in market value […] The post Hayes Expects Hyperliquid to Become Bigger Than Solana appeared first on Live Bitcoin News.

The post Solana’s Liquidity Gap: Where Real Demand Must Come From appeared on BitcoinEthereumNews.com. Solana’s rally cooled as markets flipped risk-off, exposing a liquidity gap between steady institutional buying and thinning on-chain activity. This piece breaks down why the gap opened, what “real demand” looks like for SOL, and which metrics signal a healthier recovery. We examine ETFs versus on-chain flows, DeFi’s reset, and the emerging RWA lane. You’ll also find a practical checklist for returning liquidity, a comparison of demand sources, and concrete risks to watch. Quick Answer Solana’s liquidity gap stems from risk-off outflows and ecosystem selling that outpaced organic on-chain demand, even as spot ETFs kept absorbing supply. Closing it requires application-led usage that raises fee revenue and stickier liquidity, not just financial wrappers or incentives. Builders and traders should track application revenue, solvent market depth, and the mix of on-chain versus ETF-driven