The market for tokenized equities could expand to nearly $190 trillion within the next 20 years, according to new projections from Galaxy Research.

Galaxy made this projection after it became one of the first public companies to tokenize its stock on the Solana blockchain via Superstate, which specializes in compliant tokenization infrastructure.

Speaking on the move, Alex Thorn, Galaxy’s Head of Research, said:

“Onchain GLXY is real Galaxy Class A Common Stock. If you hold the token, you own common equity in galaxy, the same as if you bought our stock through in your traditional brokerage account. no publicly traded company has ever done this before in the US.”

As of press time, 32,374 Galaxy Class A shares had been issued on Solana, held by 21 token holders, according to Dune Analytics data.

According to the firm, this move illustrates its conviction that tokenization is viable and a potential blueprint for how listed companies may enhance market accessibility.

‘Uniswap moment’

Considering this, the firm modeled bear, base, and bull scenarios to illustrate how blockchain adoption may reshape financial markets once decentralized trading achieves critical mass.

Galaxy describes the tipping point as a “Uniswap moment,” when on-chain trading is widely regarded as fairer, faster, cheaper, and safer than legacy structures. At that stage, traditional centralized exchanges would gradually lose market share to blockchain-based platforms.

The Crypto Investor Blueprint: A 5-Day Course On Bagholding, Insider Front-Runs, and Missing Alpha

Nice Your first lesson is on the way.

Please add [email protected] to your email whitelist.

In its near-term outlook, Galaxy expects tokenized equities to represent between 0.7% and 4.6% of US market capitalization within the first two years of adoption—equivalent to $0.5 trillion to $3.3 trillion.

Under a bullish 10-year scenario, tokenized shares could capture 40% of the market, worth almost $50 trillion.

Meanwhile, the forecasts diverge further over two decades. A bear case sees tokenization reaching 12% of the US equity market, or $29.5 trillion, while the bull case envisions as much as 78% penetration or an estimated $189.9 trillion.

Interestingly, the firm said trading activities could follow a similar trajectory.

In the most optimistic scenario, Galaxy projects that tokenized equities may account for 93% of all US equity trading volume, fundamentally altering liquidity, settlement times, and investor access.

Mentioned in this article

Crypto Journalist

Anas Hassan

Crypto Journalist

Anas Hassan

About Author

Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.

Share

Last updated: 

July 13, 2025

Solana(SOL) is back at it, showing renewed strength after successfully breaking the $160 resistance level for the second time within the past three months.

Currently trading at $163.43, SOL has gained 12.87% over the last 30 days, commanding an $87.65 billion market capitalization that has solidified its position as the sixth-largest cryptocurrency in the market.

Analysts now believe the recent price action mirrors the $125 breakout witnessed in April, which subsequently led to a $187 peak in May. The current projection targets $300 before August.

Solana Becomes TradFi Internet Layer With PumpFun ICO $500M Liquidity Dominance

Beyond bullish chart patterns, Solana continues to serve as a liquidity hub, with protocols built on its infrastructure showcasing compelling use cases and competitive advantages over other layer-1 blockchains.

For instance, the popular memecoin launchpad PumpFun conducted its ICO on July 12, with more than 70% of participants securing spots in the highly contested FCFS distribution through direct Solana chain interaction.

This event raised over $500 million via on-chain wallets, while only $100 million was recorded from centralized exchanges due to investors struggling to process their transactions efficiently.

This development has further reinforced Solana’s edge as the internet layer for traditional finance and capital markets.

Similarly, the popular Solana-based NFT mascot Pudgy Penguin has attracted attention from top industry players, with notable figures including VanEck, Coinbase, Moonpay, and even Tron founder Justin Sun featuring the PENGU profile picture.

With the first-ever Solana ETF now live in the United States and additional ones in the pipeline, analysts like Ali Charts believe SOL’s breakout will target the $185 immediate resistance level.

Popular crypto trader “Crypto Dubzy” also shared his analysis, projecting $194 as the next target if the $195 resistance is breached, with expectations for the $257-$305 levels to follow.

With Solana’s open interest in the derivatives market surging past $8.15 billion and funding rates remaining positive, these targets appear well within reach.

SOL Weekly EMA89 Reclaimed — Next Fibonacci Stop at $252

On the technical front, the weekly chart for SOL/USDT displays a potential bullish reversal now that price has reclaimed and is trading above the 89-week EMA, which serves as a significant long-term trend indicator.

Following a prolonged correction from the $295 high, SOL found support around the 0.236 Fibonacci retracement level near $142 and has since rebounded with increasing volume.

The recent price breakout above both the EMA89 and a multi-week consolidation pattern suggests growing momentum.

Should bullish continuation persist, the next potential resistance zones align with Fibonacci levels—first at $171 (0.382), followed by $195, $219, and a possible retest of $252 if momentum accelerates.

Given the recovery of key moving averages and the structural shift, the outlook favors an upward trajectory toward the $200–$250 range, provided SOL maintains levels above the $145–$155 support band.

Snorter Bot Provides Early Access To Solana Memecoin Sniping Tool

For traders seeking to capitalize on Solana’s performance, one common strategy involves purchasing Solana memecoins when SOL demonstrates strong price action.

However, most of these tokens are not easily accessible except through direct interaction with the Solana chain.

Professional traders and DeFi participants often resort to using Telegram trading bots to snipe these memecoins, particularly on platforms like pump.fun and the newly launched BonkFun.

One trading bot gaining traction among users is the Snorter bot.

What makes it particularly appealing is its Solana-based infrastructure and its native token $SNORT, offered as a memecoin for investors to purchase.

Within just a few weeks since its presale launch, Snorter Bot (SNORT) has successfully raised over $1.6 million, demonstrating significant investor interest.

SNORT is currently priced at $0.0981 per token during the ongoing presale round, offering early investors the opportunity to participate before the price increases.

Interested participants can join the presale via the official Snorter presale website, using popular cryptocurrencies or bank cards to complete their purchase.

A widely followed crypto analyst believes Bitcoin’s (BTC) bull market is just weeks away from coming to an end.

The analyst pseudonymously known as Rekt Capital tells his 550,400 subscribers on the social media platform X that the Bitcoin bull market could end in two or three months if history repeats itself.

According to the pseudonymous analyst, the Bitcoin bull market typically hits the peak around 518 to 546 days after the halving, suggesting it could occur between mid-September and mid-October. The fourth Bitcoin halving took place in April 2024.

On what is in store for Bitcoin’s price over the coming weeks and months, the widely followed analyst says,

“If Bitcoin really does have two to three months left in its Bull Market…

Then this current period truly is the calm before the storm.”

Bitcoin is trading at $109,386 at time of writing.

Rekt Capital further says that even if the bull market extends beyond October, trying to capture the potential gains would be a high-risk and low-reward endeavor.

“The risk versus reward of that upside will likely not be worth heavy participation.

Is it worth capturing an additional +20 – 30% uptrend while risking a -60 to -70% Bear Market?”

On altcoins, the widely followed analyst says they could enjoy a rally once Bitcoin rises above the current all-time high of just under $112,000.

“When Bitcoin broke out into Price Discovery Uptrend 1 in November 2024…

Altcoins rallied exponentially during that time.

Altcoins would likely run once Bitcoin breaks out into Price Discovery Uptrend 2.”

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

A widely followed crypto analyst says that Bitcoin may surge to a new all-time high (ATH) if BTC breaks through one key resistance level.

In a new thread, crypto trader Michaël van de Poppe tells his 792,500 followers on the social media platform X that Bitcoin will likely trade sideways a little longer before reclaiming $108,500 as support and then have a massive breakout to a new ATH.

“Slight consolidation before the next breakout, that’s what Bitcoin is telling us. It couldn’t break through this resistance in one-go and is therefore consolidating. That’s fine, I assume we’ll see a big breakout to an ATH when we clear $108,500.”

Bitcoin is trading for $106,706 at time of writing, flat on the day.

Next up, the analyst says that Ethereum (ETH) may be on the verge of an explosive move to the upside as it holds the level around $2,400 as support.

“We’re likely going to be testing the other side of the range in the upcoming weeks…

I’m expecting strong continuation from ETH to be happening in the coming days/weeks as we’re holding onto the range low.”

Looking at his chart, he suggests that ETH may soon hit the $2,800 level again in early July.

ETH is trading for $2,430 at time of writing, flat on the day.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The XRP Ledger (XRPL) has launched version 2.5.0 of its software, bringing several improvements to the network.

This marks a major step for XRPL, which is working to compete more directly with blockchain platforms like Ethereum and Solana.

Updates and Bug Fixes

One of the release’s most notable features is support for batch transactions. This allows multiple requests to be grouped and processed together as a single unit, improving efficiency and enabling complex multistep operations.

Another key update adds escrow support for RLUSD and other crypto assets on XRPL. Escrows can now interact with trustline-based tokens as well as multi-purpose ones. This enables automated and secure payouts, which can be useful for setting up vesting schedules and managing deposits within applications.

Version 2.5.0 also introduces permissioned decentralized exchange (DEX) controls and permission delegation. The former gives developers control over who can participate in exchanges, helping projects meet regulatory requirements. The latter allows users to provide specific access rights to another wallet, offering more account management and automation flexibility.

Furthermore, the update brings several bug fixes affecting RPC responses for tem codes and NFT interactions with trustlines. Vet, a popular XRPL validator, said these changes will make its software run faster, more efficiently, and more stably.

New Features and Improvements

The XRPL software update has also brought new features and enhancements to improve performance, reliability, and developer experience. The network can now handle more transactions simultaneously, and the relay logic has improved.

XRPL Commons has also been added as a trusted bootstrap cluster, which supports better network connectivity. In addition, the upgrade fixes an issue related to conflicting signing methods by improving how the system handles transactions from accounts using multiple signers.

Other changes include better memory usage, reduced duplicate network traffic, faster build times, clearer documentation, and updated developer tools. Build instructions have also been improved for systems using Ubuntu 22.04 and above.

Leading up to the update, daily XRPL addresses soared seven times, jumping from around 40,000 to nearly 295,000. Meanwhile, whale wallets also set a new record by hitting an all-time high of 2,708, the largest number in the network’s 12-year history.

This growth comes as other blockchains like Solana face declining metrics, including a $2.5 billion capital outflow and a 90% drop in DEX volume since its January peak of $36 billion. The platform is also facing reduced meme coin activity due to competitors like BNB Chain. Ethereum has also been affected by scalability issues, leading to congestion and high gas fees during peak periods. Following the upgrade, XRP has gained nearly 6% and is trading at $2.20.

The post Critical Ripple Upgrade Hitting the XRP Ledger: What You Need to Know appeared first on CryptoPotato.

Spot Ethereum (ETH) exchange-traded funds (ETFs) listed in the US crossed $4 billion in cumulative net inflows on June 23, only eleven months after their market debut.

The products launched on July 23, 2024, and required 216 US trading sessions to accumulate their first $3 billion by May 30. 

Following the $3 billion mark, spot Ethereum ETFs added the next $1 billion in just 15 trading days, lifting lifetime net subscriptions to $4.01 billion by the close of June 23. 

Those 15 sessions represent 6.5% of the 231-day trading history but account for 25% of all cash committed so far.

BlackRock inflows outpace Grayscale redemptions

BlackRock’s iShares Ethereum Trust (ETHA) drove the expansion with $5.31 billion of gross inflows, while Fidelity’s FETH contributed $1.65 billion and Bitwise’s ETHW added $346 million. 

Grayscale’s legacy ETHE trust, which converted to an ETF at launch, recorded $4.28 billion in outflows over the same period.

Daily flow data show the inflection. ETHA absorbed more than $160 million on June 11 alone, and the complex booked five separate days above $100 million between May 30 and June 23.

Grayscale’s redemptions slowed during the same window, allowing aggregate flows to turn sharply higher.

Fee structure and issuer mix shape demand

ETHA and FETH charge 0.25% management fees, matching the sector median and undercutting ETHE’s 2.5% rate. 

Lower costs, combined with established primary-market relationships, continue to steer inflows toward BlackRock and Fidelity, according to a CoinShares report that spoke with brokers who allocate on behalf of wealth managers. 

The report highlighted three factors as drivers for the June surge. The first is a rebound in ETH’s price relative to Bitcoin, coinciding with the Internal Revenue Service’s more explicit guidance on staking income within grantor-trust ETFs.

Lastly, larger rebalancing orders from multi-asset allocators, treating ETH as a portfolio extension rather than a standalone speculative bet, contributed to the surge in inflows.

The next quarterly Form 13F deadline in mid-July will reveal whether professional managers joined the late-spring push. 

Through March 31, those firms accounted for less than 33% of spot Ethereum ETF assets, suggesting room for broader institutional uptake even as retail flows concentrate on low-fee vehicles.

Mentioned in this article

Popular macroeconomics expert Lyn Alden believes that the current Bitcoin (BTC) correction is similar to the one witnessed in March 2024 based on one key on-chain metric.

In a new interview on The Your Life! Your Terms! YouTube channel, Alden says she’s keeping a close watch on Bitcoin’s market value to realized value (MVRV) metric, an on-chain indicator that helps assess whether BTC is overvalued or undervalued by comparing its market cap (market value) to the average price at which all coins were last moved (realized value).

The macro guru explains that during the initial stages of a bull market, Bitcoin’s market cap tends to soar, while its average cost basis lags as early investors hold on to their coins in anticipation of more rallies, resulting in a higher MVRV value.

Alden says that when the MVRV soars to extreme levels, it drives more long-term investors to unload their holdings, which can signal the start of a multi-year bear market.

For now, the macro expert says the metric is still within its usual bull market range, leading her to believe that BTC can still soar to greater heights.

“When you see more and more coins at those higher price levels, it helps lower that ratio because basically the average cost basis is catching up to some extent with that wild explosion in market cap.

So what I generally point out is that we’ve not really seen extremes yet this year. Back in March 2024, when we broke out to new all-time highs for the first time in a couple of years, Bitcoin hit $73,000. That metric got a little bit euphoric, but nothing like a multi-year top historically has been. And so we saw a seven-month consolidation, but nothing really worse than that. 

Similarly, when Bitcoin hit $108,000 more recently, that metric got a little bit overdone, but again, it wasn’t those multi-year dislocations that we normally see. 

For me, I’m more on the lookout for probabilities of breaking out versus breaking down. And so my view is that there’s still a higher probability of breaking up and to say that, I don’t think we’re set for a multi-year bear market until we probably reach higher prices.”

At time of writing, Bitcoin is trading for $81,357.

Follow us on X, Facebook and Telegram

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney