XRP will zum heutigen Monatsende über 3,03 US-Dollar klettern und damit eine Kursexplosion in Richtung 11 US-Dollar entfachen.
Solana DEX volume dips 20% after co-founder slams meme coins
- Solana’s DEX volume has lost nearly $700 million since Monday.
- The downside follows comments from its co-founder criticizing meme tokens and NFTs.
- The remarks sparked debates, especially since meme cryptos have fueled Solana’s growth.
The latest comments from Solana’s co-founder, Anatoly Yakovenko, left speculative trading enthusiasts shaken.
Meanwhile, the blockchain reflects the impact on the decentralized exchange (DEX) front.
Yakovenko dismissed NFTs and meme coins as assets without intrinsic value in a July 27 X post.
He compared them to a mobile game loot box, which serves speculative individuals.
Meanwhile, the comments dented sentiments as Solana’s DEX volume has seen a 220% decline from Monday’s $3.071 billion to $2.374 billion today.
While sudden dips are not uncommon in the cryptocurrency industry, some participants are connecting the dots.
Meme cryptos have fueled Solana’s growth
It is the irony that grabbed the community’s attention. While meme tokens lack traditional utility, they have been vital in Solana’s latest boom.
Nearly all themed cryptocurrencies that have dominated trends in the past few years launched on the SOL blockchain.
PNUT, WIF, FARTCOIN, and the current PENGU, you can name them.
Furthermore, Solana boasts the largest meme launchpads (Pump.fun and Raydium).
At times when top chains like Ethereum and Cardano were quiet, Solana flourished due to viral meme assets and NFTs.
Moreover, leading Solana DEXs like Jupiter thrived during meme coin seasons.
With these trends, Solana attained a strong community, culture, profits, and growth momentum.
Thus, many equate Yakovenko’s comments to biting the hand that fed their ecosystem.
Solana-based exchanges have experienced substantial slowdowns days following the controversial comments.
Whether the 20% slide is a usual cool-off or a reaction to Yakovenko’s remarks, Solana’s ecosystem took a hit.
The tone might have discouraged some participants, who are likely considering alternative meme launchpads.
For digital assets enthusiasts, meme tokens and NFTs represent culture, accessibility, and creativity in the crypto industry.
Moreover, they lower entry barriers into Web3.
Meme tokens lack value, but drive excitement
Yakovenko’s comments weren’t unfounded. Most meme tokens lack utility beyond attention.
They face criticism since they lack legitimate backing, use cases, and the fact that most creators launch them as speculative plays.
Projects can record staggering surges overnight and crash within minutes.
You probably remember the controversial LIBRA case.
Libra surged to $224 million market capitalization project before crashing within hours, leaving its investors with massive losses.
Its current market cap is $3.94 million.
Hype, not fundamentals, dictates the life cycles of most meme coins.
However, they also work. While themed cryptocurrencies lack substance, they attract attention and excitement in the digital currency markets.
Also, they onboard retailers who want to join the market without navigating complex protocols.
This phenomenon has benefited Solana, putting it in the spotlight during periods when top blockchains felt dormant.
Though Yakovenko’s remarks appear true, they exposed the fragility between market behavior and logic in crypto.
Besides decentralization, the fun side of the blockchain industry remains vital for the sector’s liveliness.
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IP token jumps 12% as Grayscale launches Story Trust
- Grayscale Investments has launched the Grayscale Story Trust to offer accredited investors exposure to IP token.
- Grayscale’s announcement saw IP price jump 12% to hit highs of $6.41.
- Bulls could target a new all-time high.
Grayscale Investments, the world’s leading digital asset management firm, has launched a new crypto investment product, the Grayscale Story Trust.
The product, announced on July 31, 2025, is designed to offer accredited investors access to a digital asset product allowing for exposure to Story Network’s native token IP.
Grayscale launches Story Trust
On July 31, 2025, Grayscale announced the launch of its Grayscale Story Trust, a product the asset manager says will expose investors to a project set to play a key role in the global intellectual property economy. Currently, the IP economy stands at over $80 trillion.
The Story network’s programmable IP focus aims to revolutionize the management, licensing, and monetization of intellectual property. Artificial intelligence (AI) and digital rights management are a major part of this growing market.
“Grayscale Story Trust gives investors exposure to a protocol shaping the foundational intellectual property layer for the information and AI era,” said Rayhaneh Sharif-Askary, head of product & research at Grayscale. “That includes not just creative content, but real-world data — the force powering one of today’s most advanced intelligent systems.”
IP price jumps 12% amid Grayscale news
Grayscale Investments has launched over 30 crypto investment products. Story Trust is the latest offering. It expands the firm’s diverse crypto offerings. However, there’s more.
The product also signals a pivotal moment for the integration of blockchain technology into the global IP market.
Story (IP) could be poised to lead this transformation, a scenario that could augur well for the native token’s price.
“The launch of Grayscale Story Trust reflects growing recognition that intellectual property, in all forms, has the potential to become one of the most important assets of the AI era. With $IP now available via a Grayscale Trust, investors can gain exposure to the infrastructure layer that enables programmable licensing and attribution across AI and creative applications,” said SY Lee, chief executive officer and co-founder of PIP Labs, a core contributor to Story.
As the Grayscale news broke, IP price jumped 8% to hit highs of $6.35 at the time of writing.
With sentiment bullish and altcoins looking to extend upside momentum, Story’s native token could edge towards February 2025 highs of $7.12. Currently, the token is looking at a five-month high and could allow bulls to target the all-time high of $7.33 reached on February 26.
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Bitcoin-Reserve weiterhin auf der Agenda der Trump-Regierung – Krypto-Sprecher
Bo Hines betont, dass Donald Trump weiterhin eine strategische Bitcoin-Reserve plant, will sich jedoch nicht zu konkreten Details über deren Aufbau äußern.
XRP inflows drop 95% since July spike, while Chaikin data signals possible rally
- CMF at 0.15 signals tentative bullish inflows.
- July 11 saw 220 million XRP hit exchanges; inflows muted since.
- Ascending triangle suggests breakout possible above $3.24.
The XRP price is trading in a narrow band after reaching a monthly high of $3.65 earlier in July. It has since declined by nearly 14% to about $3.09, showing only a modest 5% weekly gain.
However, market indicators and blockchain data now point to a potential reversal. Large wallets are showing signs of quiet accumulation, while exchange inflows remain low.
This combination has created an environment where even moderate buying activity could trigger a breakout if the right conditions align.
CMF indicator shows hidden demand building under $3.24
From 20 to 26 July, the Chaikin Money Flow (CMF) indicator showed a higher low, despite the XRP price declining from $3.60 to $3.09.
This bullish divergence suggests that institutional players or large holders have been steadily accumulating XRP during the pullback.
Currently, the CMF hovers around 0.15. For a stronger move to the upside, the indicator would need to rise further and break its previous high, confirming a surge in positive money flow.
Unlike trend-following indicators, CMF evaluates momentum based on price and volume. Its current behaviour indicates inflows are outweighing outflows, but just barely.
The signal remains tentative, not yet strong enough to confirm a breakout.
A decisive CMF shift above 0.20 could be a leading signal for a more aggressive price advance toward the recent high of $3.65.
XRP inflows to exchanges remain low after July 11 spike
On-chain data reveals subdued XRP activity on centralised exchanges, supporting the case for lower near-term sell pressure.
After a one-time spike on 11 July, when over 220 million XRP were deposited onto trading platforms, inflows have remained low.
By 29 July, the daily exchange inflow had dropped to just 9.7 million XRP, even as the price hovered around $3.12.
Low inflows typically suggest that large holders are not preparing to sell. In effect, this reduces available supply, giving any future demand more impact.
This trend, when combined with the rising CMF, points to a potential supply-demand shift in favour of buyers.
XRP charts reveal ascending triangle near key support zone
The 2-day XRP chart shows an ascending triangle pattern forming just below the $3.24 resistance line.
This is a bullish formation where price builds higher lows against a flat top, indicating accumulation pressure.
The structure suggests traders are increasingly willing to buy on dips, reinforcing the likelihood of an upward breakout if resistance is cleared convincingly.
Fibonacci levels place immediate support between $2.95 and $2.99. If XRP holds above this zone and breaks through $3.24, the next potential target is the recent high of $3.65.
A successful breakout above $3.65 would likely push the asset into price discovery, where historical resistance is limited.
However, any close below the $2.95-$2.99 support could invalidate the bullish outlook and force a reassessment.
For now, technical momentum and on-chain flows remain neutral to slightly bullish.
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