News linked to both this project and an event.
Japanese listed company Quantum Solutions has sold another 1,000 Ethereum, cashing out approximately $1.9 million to support its AI data center expansion. Following this sale, the company has reduced its ETH holdings by nearly 30% since mid-June.According to company documents, Quantum Solutions' subsidiary, GPT Pals Studio, sold this batch of ETH on Thursday at an average price of $1,903. The company expects to record a loss of approximately $100,000 from this transaction. After the sale, Quantum Solutions' remaining ETH holdings amount to approximately 4,765, which is lower than the 4,976 ETH held by Def consulting, thereby losing its position as the largest corporate ETH holder among Japanese listed companies.Quantum Solutions has sold a total of 1,904 ETH in less than two months, accounting for approximately 28.6% of its pre-sale holdings of 6,668.8 ETH. Previously, GPT Pals had sold 904 ETH on June 16, cashing out about $1.6 million.The company acquired the majority of its ETH during the crypto market highs of the fourth quarter of 2025, when ETH prices were in the range of approximately $4,000 to $4,500.
Odaily Odaily News The Cardano network completed the Van Rossem hard fork upgrade on July 18, upgrading the mainnet protocol version to 11 (Protocol Version 11). This upgrade not only brings smart contract performance optimizations but also marks the first time Cardano has completed a protocol upgrade led by its community governance system, rather than being directly driven by the founding team.Previously, Cardano hard forks were mainly coordinated by core organizations such as the engineering firm Input Output (IOG), which is responsible for development. In contrast, the Van Rossem upgrade was fully facilitated through Cardano's on-chain governance system for proposal, discussion, and voting, becoming the first major upgrade autonomously approved by network participants since Cardano entered the Voltaire governance era.According to on-chain data, the Cardano mainnet upgraded from version 10 in epoch 643 to version 11 in epoch 644, officially activating on July 18 at 21:44 UTC. The upgrade received final approval on July 13, requiring consensus from the representative bodies, the Constitutional Committee, and stake pool operators.Among them, DReps (Delegated Representatives), who vote on behalf of ADA holders in governance, approved the proposal with a 78.97% support rate, exceeding the 60% requirement; all seven members of the Cardano Constitutional Committee confirmed the upgrade complies with constitutional requirements; and stake pool operators, responsible for running the network's infrastructure, approved the upgrade with a 53.02% support rate.The Van Rossem upgrade primarily includes technical improvements such as optimizing the Plutus smart contract platform, reducing smart contract execution costs, and enhancing ledger validation rules. This upgrade also paves the way for the future Dijkstra-era hard fork and the Ouroboros Leios scaling solution.Ouroboros Leios aims to enhance the processing capacity of Cardano’s proof-of-stake consensus mechanism. It is expected to launch in 2026, potentially significantly increasing the network's transaction throughput while maintaining security.For ordinary ADA users, this upgrade does not bring significant operational changes; wallets do not need updating, and transfer methods and fees remain the same. However, in the long run, Plutus optimizations could lower the operational costs of decentralized applications (DeFi, NFTs, etc.), providing lower-cost infrastructure for ecosystem development.Cardano stated that the greatest significance of Van Rossem is not merely the technical upgrade, but the shift in governance model—the future direction of the network will be determined by community votes, rather than being entirely controlled by the founding team. This means ADA holders now truly possess governance rights to participate in protocol evolution for the first time. (CoinDesk)
Blockworks' Solana Q2 2026 Token Holder Report indicates that the scale of on-chain tokenized asset trading reached a new high this quarter, hitting $5.8 billion, a 114% increase quarter-over-quarter. Among this, tokenized stock trading accounted for $4.8 billion, representing 97% of the entire network's tokenized equity trading volume, with institutional demand for RWA becoming the core growth driver.Dragged down by the ebbing tide of the meme coin market, Solana's real economic revenue decreased by 43% quarter-over-quarter to $51 million, and DEX spot trading volume fell back to $160.8 billion. However, the funding side remained robust, with SOL spot ETPs seeing a net inflow of $120 million and total staked amount reaching 427 million SOL, accounting for two-thirds of the total supply. Going forward, Solana will implement the Alpenglow upgrade and related SIMD proposals to adjust inflation and token burning rules, enhancing SOL's value capture capabilities.
CryptoQuant analyst Axel Adler released a weekly analysis report. According to his Bitcoin Short-Term Holder Realized Pressure Model, the current buying and selling pressure from short-term holders is cooling down slightly, but buying power remains dominant.
According to official announcements, edgeX V2 has officially launched. This V2 version is a comprehensive re-architecture built on EDGE Chain, delivering systematic upgrades in security, performance, transparency, and scalability. At the product level, edgeX V2 now supports 7×24 trading across multiple derivatives categories, including U.S. equities, Korean equities, and commodities. To date, the platform has listed 40 trading pairs covering equities and commodities, and introduced advanced trading features such as isolated margin mode and TWAP. Simultaneously, edgeX has launched the “Trade to Own” season. This mechanism transforms trading activity into protocol ownership, enabling genuine traders to gradually become EDGE Token Holders through trading. One hundred percent (100%) of the platform’s net profit will be allocated toward EDGE token buybacks, aligning long-term platform growth, trader权益, and Token Holder权益.
According to The Block, Julio Moreno, Research Director at on-chain analytics platform CryptoQuant, released a report on May 8 stating that Bitcoin has surged over 20% since early April, reaching a three-month high. However, the firm characterizes this rally as a “bear market bounce” and warns that profit-taking pressure may intensify further. On the data front, Bitcoin holders’ daily realized profit reached 14,600 BTC on May 4—the highest level since December 10, 2025. Meanwhile, the Short-Term Holder Spent Output Profit Ratio (STH-SOPR) has remained consistently above 1.00 since mid-April, indicating the market has entered a sustained profit-taking phase. On a 30-day rolling basis, holders’ net realized profit turned positive at +20,000 BTC—the first time since December 22, 2025—after net losses plunged as deep as -398,000 BTC between February and March. Nonetheless, Moreno notes that the current net profit level of +20,000 BTC remains far below the historical 130,000–200,000 BTC threshold typically required to confirm a bull market transition, reinforcing the view that this is a “bear market bounce” rather than a structural trend reversal. Additionally, the current unrealized profit ratio stands at approximately 18%; historical experience shows that when this indicator rises to elevated levels, holders tend to sell to lock in gains, increasing correction risk.