Odaily News Hyperion, the largest decentralized trading platform in Aptos, announced the official launch of the RION Utility prologue, taking the lead in opening the native staking Phase I. Users can now lock $RION to participate in the native staking mechanism and enter the first stage of network construction and value sharing. The total activity period of Staking Phase I is 1 month. The user's staking time is based on the actual participation time, and the reward comes from part of the platform's transaction fee income. This mechanism is intended to identify and motivate real contributors and lay the foundation for more RION application scenarios in the future. It also reflects Hyperion's high attention to real interaction and ecological positive cycle. Hyperion stated that this phase is the first step in unlocking RION Utility, and it will continue to release more utility scenarios based on real income.

Odaily News According to Arkham monitoring, the FTX/Alameda Staking address transferred 189,800 SOLs released the day before to Bitgo Custody early this morning, worth about $31.17 million. Currently, FTX/Alameda Staking still has 4,883,308.11 SOLs to be unlocked, worth about $799 million.

Odaily News JuCoin platform coin JU has been officially listed on CoinMarketCap (CMC), and the cumulative price increase of JU has exceeded 90 times. The JuCoin team said that it has gradually formed an ecological system with trading, asset management and infrastructure as the core. JuCoin will subsequently launch a series of ecological applications including Launchpool, Staking Mining, and Equity Certificates to further expand the usage scenarios and intrinsic value support of JU and continuously optimize the participation experience of coin holders.

Odaily News The U.S. Securities and Exchange Commission (SEC) is urging issuers to revise and resubmit applications for spot Solana ETFs by the end of July, suggesting that approval will be faster than expected. Previously, REX-Osprey SOL and Staking ETFs were automatically approved and began trading last week under different regulatory rules, which means that the spot Solana ETF will join the ranks of Bitcoin and Ethereum as the only approved spot cryptocurrency funds in the United States, while applications for XRP, Dogecoin and Litecoin are still awaiting review. (CoinDesk)

Odaily News The first U.S.-listed staking Solana exchange-traded fund, the Rex-Osprey Solana+Staking ETF (SSK), attracted about $12 million in inflows on its first day of trading on the Cboe BZX exchange. According to spokespersons for REX Shares and Osprey Funds, the ETF will provide investors with returns by staking at least half of the fund’s assets. Earlier news, the REX-OSPREY Solana pledge ETF's first-day trading volume reached $33 million, which was better than the average performance of Solana futures ETF, XRP futures ETF and ordinary ETFs. However, Juan Leon, senior investment strategist at Bitwise, pointed out that institutional investors' investment potential in SOL is still in its early stages. (Cryptorank)

Odaily News Bloomberg analyst James Seyffart wrote on the X platform: After the first SOL pledge ETF was listed, the trading performance started well, with a trading volume of about US$8 million in the first 20 minutes.

Odaily News Federally chartered digital asset bank Anchorage Digital has been named the exclusive custodian and equity partner for the newly launched REX-Osprey Solana + Staking ETF. Unlike the slew of recent spot BTC and ETH ETFs registered under the 1933 Act, the new REX-Osprey ETF is governed by the more restrictive Investment Company Act of 1940. This distinction means that a qualified custodian must hold the assets, and Anchorage Digital is currently the only federally regulated bank licensed to both custody and stake digital assets. (The Block)

Odaily News REX Shares announced on the X platform that the REX-Osprey SOL + Staking ETF (SSK) is now open for trading. It is reported that this is the first ETF listed in the United States and provides native Solana staking rewards.

Odaily News According to the official announcement, BitMart will launch eCash (XEC) at 12:00 (ET8) on July 1, and will open the XEC/USDT trading pair. eCash was created by the original development team of Bitcoin Cash. As a fork of Bitcoin, eCash has a more powerful technical roadmap. The innovative Avalanche consensus layer and its own token layer are the unique technical highlights of eCash. eCash also aims to introduce unprecedented features in the Bitcoin project, such as staking, non-fork network upgrades, and sub-chains. XEC is the native token of the eCash network and has the following use cases: Token minting: XEC holders can mint tokens with custom names, supply, decimal places, and icons through the eCash platform. Users need to pay network transaction fees in XEC tokens. The eToken protocol also supports NFTs. Staking: XEC token holders will be able to participate in Avalanche Staking, which will become part of eCash governance.

Odaily News According to SoSoValue data, the crypto market generally fell back, with only the PayFi and SocialFi sectors relatively strong, rising 1.56% and 0.19% respectively in the past 24 hours. In the PayFi sector, Monero (XMR), Bitcoin Cash (BCH), and Telcoin (TEL) rose 2.77%, 3.97%, and 4.29% respectively. In the SocialFi sector, Toncoin (TON) rose 0.48%. In addition, Bitcoin (BTC) fell 1.18% in 24 hours, pulling back to $107,000. Ethereum (ETH) fell 0.51% and fluctuated in a narrow range around $2,500. In terms of other sectors, the Layer1 sector fell 0.07%, but TRON (TRX) rose 1.27%. Solana (SOL) hit a high of $159 during the session due to news that the REX-Osprey Solana Staking ETF will start trading tomorrow. The CeFi sector fell 0.19%, and Binance Coin (BNB) hit a high of 0.39% during the session. The DeFi sector fell 2.12%, while Four (FORM) and PancakeSwap (CAKE) rose against the trend by 1.25% and 2.06% respectively. The Meme sector fell 2.30%, and the previously high SPX6900 (SPX) pulled back, falling 11.54% in 24 hours. The Layer2 sector fell 3.57%, but ex-MATIC (POL) rose 1.09%. The crypto sector index, which reflects the historical trends of the sector, shows that the ssiPayFi, ssiSocialFi, and ssiCeFi indices rose by 1.52%, 0.19%, and 0.12% respectively in the 24 hours.