CoinRank

Un'analisi critica della tesi di Solana per il 2026, che esplora il passaggio dalla speculazione guidata dai meme al reddito reale, agli incentivi istituzionali e al futuro dei meme supportati da aziende.

INTRODUZIONE: PERCHÉ SOL APPARE SEMPRE OVUNQUE

 

Un pattern è difficile da ignorare dopo aver letto abbastanza rapporti di ricerca crittografica di primo piano. Che provengano da Messari, Bitwise o dalle previsioni audaci di Galaxy Research per il 2026, Solana appare ripetutamente come tema centrale piuttosto che come riferimento occasionale. All'inizio, questa ripetizione sembra casuale. Col tempo, diventa sospetta.

Crypto market inflows reached nearly USD 130 billion in 2025, driven mainly by Bitcoin and Ether ETFs and large-scale purchases by Digital Asset Treasury (DAT) companies.

 

While DAT buying became the single largest source of demand, momentum slowed later in the year, and venture capital activity remained subdued with a clear shift away from early-stage investment.

 

JPMorgan expects overall inflows to expand further in 2026, with institutional investors increasingly replacing retail participants as the primary drivers of crypto market growth.

Analysts at JPMorgan Chase said that after crypto market inflows hit a record high of nearly USD 130 billion in 2025—about one-third higher than in 2024—capital inflows are expected to expand further in 2026, with momentum increasingly driven by institutional investors.

 

MAIN DRIVERS OF 2025 GROWTH: ETFS AND DAT BUYING

 

In a report released on Wednesday, an analysis team led by JPMorgan managing director Nikolaos Panigirtzoglou estimated total crypto market inflows by aggregating ETF fund flows, implied positioning from CME futures, crypto venture capital fundraising, and purchases by Digital Asset Treasury (DAT) entities.

 

The report noted that the primary contributors to inflow growth in 2025 were Bitcoin and Ether ETFs, with flows skewed toward retail investors. In addition, continued Bitcoin purchases by DAT companies other than Strategy also played an important role in boosting inflows. By contrast, implied buying from Bitcoin and Ether CME futures slowed markedly in 2025, falling below 2024 levels, indicating reduced participation from institutional investors and hedge funds.

 

 

DAT BECOMES THE LARGEST SOURCE OF DEMAND, BUT MOMENTUM SLOWS

 

More than half of total digital asset inflows in 2025—around USD 68 billion—came from DAT companies. Strategy alone invested roughly USD 23 billion in Bitcoin, broadly in line with its approximately USD 22 billion in purchases in 2024.

 

Other DAT firms collectively acquired about USD 45 billion in digital assets in 2025, far exceeding the USD 8 billion recorded in 2024. However, analysts cautioned that most DAT buying was concentrated earlier in the year and has slowed noticeably since October. Large holders, including Strategy and BitMine, have adopted a more cautious stance in recent months.

 

VENTURE CAPITAL RECOVERY REMAINS LIMITED, EARLY-STAGE INVESTMENT COOLS

 

Crypto venture capital also contributed to overall inflows, but activity remained well below the peaks of 2021–2022. While total fundraising volumes in 2025 rose slightly compared with 2024, the number of deals fell sharply, with investment increasingly concentrated in later-stage rounds and a clear slowdown in early-stage funding.

 

Analysts said the weak recovery in venture capital stands in contrast to a more supportive U.S. regulatory environment, suggesting a shift in the composition of capital. Some funds that previously targeted early-stage startups have instead moved toward DAT treasury strategies, which offer immediate liquidity and lower long-term lock-up risk than venture investments.

 

JPMorgan also noted that some large crypto venture firms have begun selectively leading DAT financing rounds using their liquid capital.

 

2026 OUTLOOK: INSTITUTIONAL CAPITAL TO TAKE THE LEAD

 

Looking ahead to 2026, JPMorgan expects total crypto market inflows to grow again, but with the driving force shifting from the retail- and DAT-led dynamics of 2025 toward clearer institutional participation.

 

Analysts said last week that the market’s de-risking process appears to be nearing completion, with ETF flows and other indicators showing signs of stabilization. They added:

 

“The phase in which both retail and institutional investors were simultaneously reducing crypto exposure during the fourth quarter of 2025 has most likely come to an end.”

 

Overall, as regulatory clarity improves and market structure continues to mature, JPMorgan believes 2026 could mark a year in which institutional capital once again becomes the dominant force in crypto markets.

 

Read More：

JPMorgan MONY: institutional cash goes on-chain

〈$130B Crypto Inflows in 2025, JPMorgan Sees Further Growth in 2026〉這篇文章最早發佈於《CoinRank》。

NYC Token collapsed more than 80% shortly after launch, triggering allegations that liquidity linked to wallets associated with Eric Adams’s circle had been withdrawn, causing multi-million-dollar investor losses.

 

Adams’s spokesperson denied any rug pull or personal gain, but this claim conflicts with on-chain data and prior team statements acknowledging “liquidity rebalancing” during the token’s initial trading surge.

 

Despite the controversy, the project maintains that NYC Token was designed as a charitable mechanism rather than an investment product, with proceeds intended to support nonprofit education initiatives and scholarships in New York City.

In response to recent allegations that the issuance of NYC Token involved a rug pull, a spokesperson for former New York City mayor Eric Adams has come forward to deny the claims, emphasizing that Adams neither transferred funds nor profited from the token.

 

NYC TOKEN “RUG PULL” INCIDENT

 

According to earlier reporting by Zombit, NYC Token plunged by more than 80% within its first hour of trading after launching on Monday, drawing intense scrutiny and skepticism from the crypto community. Some analysts accused wallets allegedly linked to Adams’s team of withdrawing liquidity, resulting in investor losses totaling more than USD 3.4 million. In response, Adams’s spokesperson Todd Shapiro issued a statement on X on Wednesday to clarify:

 

“It must be stated very clearly: Eric Adams did not transfer investor funds, nor did he profit from the issuance of NYC Token, and no funds from NYC Token were removed.”

 

Shapiro said the allegations were “unsupported by evidence and untrue,” attributing the token’s sharp price swings to market volatility and stressing that Adams’s involvement “was never intended for any personal or financial gain.”

 

 

DISCREPANCIES IN OFFICIAL ACCOUNTS: TEAM ACKNOWLEDGES ‘LIQUIDITY REBALANCING’

 

However, Shapiro’s assertion that “no funds were removed” appears to conflict with earlier statements from the official NYC Token account as well as on-chain data. The NYC Token team previously stated on X that, due to exceptionally strong early demand after launch, its partners had “rebalanced the liquidity,” while also claiming that additional funds were added to the liquidity pool.

 

At the same time, multiple on-chain analysts raised warnings about fund flows following the token’s launch. Analyst Rune Crypto noted that approximately USD 3.4 million in liquidity was removed shortly after issuance and described the behavior as resembling a rug pull.

 

On-chain visualization platform Bubblemaps also flagged anomalous activity, reporting that a wallet linked to the token deployer (address: 9Ty4M) withdrew roughly USD 2.5 million in USDC near the price peak, and after the price fell by more than 60%, replenished only about USD 1.5 million.

 

Bubblemaps further estimated that around 4,300 traders participated in NYC Token’s early trading, with approximately 60% incurring losses. Most investors lost less than USD 1,000, but about 200 individuals suffered losses between USD 1,000 and USD 10,000, while a small number lost tens of thousands of dollars. At least 15 investors reportedly lost more than USD 100,000.

 

EMPHASIS ON CHARITABLE PURPOSE, NOT AN INVESTMENT VEHICLE

 

The statement added that NYC Token was not intended as an investment product, but rather as a means to support nonprofit organizations, funding educational programs to raise awareness of antisemitism and anti-American sentiment, with proceeds earmarked for scholarships for underprivileged students in New York City. Shapiro concluded that the controversy has not shaken Adams’s stance on “responsible innovation”:

 

“Adams remains committed to using emerging technologies to strengthen trust, education, and shared civic values.”

 

Read More：

Messari’s 2026 Crypto Theses: Power Struggles, Stablecoins, and Skepticism (Part 2)

〈Political Figure Meme Coin Implodes: NYC Token Liquidity Withdrawal Controversy Spreads, Former New York City Mayor Denies Allegations〉這篇文章最早發佈於《CoinRank》。

USD1 ha ottenuto una rapida diffusione dopo che MysticDAO ha ancorato il suo airdrop e i premi per il trading alla stablecoin, creando una domanda immediata per le transazioni.

 

La partecipazione coordinata da parte di diversi progetti BSC ha aiutato a estendere il ruolo di USD1 da asset di campagna a mezzo di regolamento funzionale.

 

La rilevanza a lungo termine di USD1 dipenderà dal fatto che l'uso si mantenga una volta che l'intensità degli incentivi diminuisce e i concorsi di trading si concludono.

Il lancio pubblico della testnet da parte di MysticDAO ha portato USD1 nell'occhio del ciclone, dimostrando come un design degli incentivi possa far crescere rapidamente una nuova stablecoin all'interno dell'ecosistema BSC.

I movimenti precauzionali militari e del personale statunitensi nel Medio Oriente hanno aumentato i premi di rischio geopolitico, spingendo l'oro e l'argento a livelli record mentre supportavano il rimbalzo del Bitcoin.

 

Il rialzo del Bitcoin è stato amplificato dalla liquidazione delle posizioni derivati ribassisti, rafforzando il suo ruolo come copertura macro sensibile alla liquidità piuttosto che come un attivo a rischio puro.

 

La durata dell'ascesa del BTC dipenderà dal fatto che le tensioni si intensifichino sui mercati energetici e sul dollaro, oppure invece mantengano la domanda globale di coperture non sovrane.

YZi Labs invests tens of millions in privacy-focused DEX Genius, with Binance founder CZ joining as advisor, aiming to boost on-chain alternatives and sector attention.

Genius has processed over $60M in test volume, supports 10+ chains, and clarifies it doesn’t directly compete with Aster, emphasizing distinct positioning.

The article provides step-by-step guidance and a low-cost trading strategy to earn GP points, including referral bonuses and daily interaction tips.

Genius raises tens of millions from YZi Labs with CZ as advisor; a privacy-focused DEX growing test volume and offering strategies to earn GP points.

Last night, a bombshell announcement rocked the community—YZi Labs has invested “tens of millions of dollars” into DEX Genius, and CZ will personally join as an advisor.

 

Odaily is here to give you the lowdown on Genius, a step-by-step guide on how to interact with it, and the current interaction strategy based on personal testing.

 

Project Introduction

 

 

Genius is a privacy-centric decentralized exchange platform offering spot, perpetual contracts, and copy trading. It supports over 10 public chains including BNB Chain and Solana, with the goal of becoming an on-chain alternative to Binance—bringing CEX-like speed, liquidity, and privacy experience on-chain while maintaining full self-custody and non-custodial features (users hold their private keys). The platform has already processed over $60 million in trading volume during its test phase and plans to launch a public test of its privacy protocol in Q2 2026. As early as October 2024, Genius announced the completion of a $6 million seed funding round led by CMCC Global, with participation from Cadenza Ventures, AVA Labs, Arca, Flow Traders, and other institutions.

 

Addressing community concerns that “YZi Labs’ investment in Genius is bearish for Aster,” CZ responded on X, stating, “Genius is a trading terminal that connects to exchanges, not a competitor to Aster.”

 

Furthermore, Genius’s CMO Ryan also addressed a similar question in the community—”What’s the difference between Aster and Genius? Why would YZi Labs invest in another Perp DEX project?” Ryan stated, “I think both are important. Aster is a very important perpetual contract exchange. I believe YZi Labs’ motivation for investing in Genius is to enable everyone to access any token on any chain (soon to be done privately).”

 

 

Genius CMO Ryan discusses the relationship between Aster and Genius

 

It’s clear that both CZ and the Genius team believe Genius and Aster have different positioning and are not in direct competition.

 

Step-by-Step Guide

 

STEP 1. Go to the official website (link: https://www.tradegenius.com/ref/NY8SYH). Using this referral link grants you 500 GP points. Click “Start Trading,” then click “Sign In” at the top to log in via your wallet.

 

 

STEP 2. Click “Airdrop” at the top to view your current GP points balance and personal referral link.

 

 

STEP 3. Under the “Airdrop” section, first is “Points.” Accumulate $10,000 in trading volume to earn 1200 GP points. After exceeding $10,000, every additional $1,000 in volume earns 200 GP points. Additionally, trading once daily on the platform grants one free spin on the wheel. For every $10,000 increase in trading volume, you earn an extra wheel spin, with no upper limit.

 

 

Other rules for earning points through trading are as follows:

 

Users earn 1 GP point for every $100 in spot trading volume / $1000 in perpetual contract trading volume completed;

After trading for 7 consecutive days, you earn a trading streak multiplier (which resets if you miss a day of trading);

The base multiplier and streak multiplier apply to your spot and perpetual contract trades (referral points are not included).

 

 

STEP 4. Under the “Airdrop” section, next is “Referrals.” Invite friends to earn more GP points.

 

 

STEP 5. Under the “Airdrop” section, finally is “Social” (the “Token Rewards” section is not yet open, skip for now). This contains the official social media information.

 

 

STEP 6. Click “Deposit” at the top. Supports deposits of EVM, Solana, and SUI assets. The official recommendation is to send ETH or USDC.

 

 

Current “Low-Cost Points Farming” Strategy Sharing

 

After actual interaction, I’ve summarized a “low-cost points farming” strategy. The specific operational approach is as follows:

 

1. To minimize slippage from token price movements, choose spot trading for USDC-USDT.

 

 

2. Aim for larger single transaction amounts. The test below shows that the Gas fee paid for a $400 trade is almost the same as for a $100 trade.

 

 

3. Once you unlock the wheel by reaching $10,000 in trading volume, just make one trade daily to qualify for the wheel spin. There’s no need to “aggressively farm volume.”

 

〈How to Earn Genius Points with Tens of Millions in Investment from YZi Labs and CZ as Advisor?〉這篇文章最早發佈於《CoinRank》。

Il principale festival blockchain d'Europa si espande nel 2026 con un nuovo spazio più grande a Varsavia, centinaia di relatori, decine di progetti e un'ampia copertura su Web3, DeFi e RWA.

NBX 2026 offre approfondimenti su Trading, Investimenti, Intelligenza Artificiale, TradFi, Sicurezza Informatica, Gaming, Aspetti Legali e Compliance, consentendo inoltre una rete efficiente attraverso una nuova app con funzionalità di matchmaking.

Come evento principale della Polish Blockchain Week, Next Block Expo ospita premi, workshop e panel, mettendo in risalto fondatori, sviluppatori, investitori e innovatori della CEE che stanno plasmando le tendenze globali di adozione della blockchain in tutto il mondo.

According to The Block, the Zcash Foundation announced that the U.S. Securities and Exchange Commission (#SEC ) has concluded its years-long investigation and informed the foundation that it does not intend to pursue any enforcement action or other measures.
The foundation stated that in August 2023, it received a subpoena from the SEC related to an investigation titled “In the Matter of Certain Crypto Asset Securities (SF-04569).”
Over the past year, the SEC has dropped dozens of cases against major crypto companies, including Coinbase, and has also ended investigations into #DeFi protocols and other industry participants.
#Crypto #Zcash

#Trump Corte Suprema: osserva il nostro straordinario successo economico prima di prendere qualsiasi decisione importante
#FutureSwap subisce un altro attacco; il contratto Arbitrum è stato sfruttato, causando una perdita di circa 74.000 dollari
CZ @CZ : la politica criptovaluta degli Stati Uniti si sposta verso un atteggiamento più favorevole dopo l'elezione di Trump; il Bitcoin potrebbe superare il quadro del "ciclo quinquennale"
#MANTRA annuncia licenziamenti e riorganizzazione per affrontare le sfide del mercato
La banca spagnola Bankinter annuncia l'acquisizione di una partecipazione minoritaria in #Bit2Me
#CoinRank

Questo articolo si concentra sulle tendenze relative alla conformità alle licenze nel settore delle criptovalute nel 2025, analizza le differenze fondamentali tra STR e SAR, chiarisce i punti chiave regolamentari nelle regioni come Nord America, UE, Dubai e Turchia, individua il punto critico della "segnalazione difensiva" e fornisce suggerimenti pratici per costruire un sistema efficiente di segnalazione conforme da quattro aspetti, inclusi il monitoraggio "on-chain + off-chain" e l'aggiustamento dinamico dei limiti, aiutando le istituzioni a affrontare le sfide regolamentari relative al contrasto al riciclaggio di denaro (AML).

RWA in Web3 si trova di fronte a una sfida regolamentare globale critica: i tradizionali centri finanziari spesso la classificano come un titolo, limitando liquidità e finanziamenti. Tuttavia, VARA di Dubai rompe questo modello regolamentando il RWA come un Asset Virtuale, creando un percorso di conformità dedicato che bilancia standard rigorosi con il potenziale di circolazione di livello di offerta pubblica. Basandosi su esperienze reali di progetti, questo articolo analizza perché Dubai sia diventato la soluzione ottimale per la conformità globale del RWA, i suoi vantaggi unici e i potenziali rischi, fungendo da riferimento fondamentale per i team di progetto.

Alla fine del 2025, la regolamentazione della valuta digitale in Cina presenta uno scenario di "un freddo, un caldo": la riunione del 28 novembre ha chiarito che le stablecoin sono valute virtuali illegali, bloccando le falle per gli scambi valutari; il RMB digitale 2.0 si è evoluto in una valuta deposito con interesse, integrando la tecnologia dei contratti intelligenti. Questo articolo analizza la logica regolamentare e sottolinea che i professionisti di Web3 devono raggiungere importanti sbocchi strategici attraverso un espansione all'estero conforme, separando la tecnologia dalla finanza e adottando canali ufficiali (come il m-CBDC Bridge).

Secondo CoinDesk, il gigante dei dati crittografici #CoinGecko sta esplorando una possibile vendita e ha preso in considerazione Moelis come consulente. Fonti indicano che i colloqui sono iniziati alla fine dell'anno scorso, quindi il valore è ancora in fase di definizione—ma si parla di circa 500 milioni di dollari.
📉 Il traffico verso i siti di dati crittografici sta calando mentre gli utenti si rivolgono a chatbot basati sull'IA per informazioni. Le visite mensili di CoinGecko sono passate da 43,5M (2024) a 18,5M (dicembre 2025)—con #CoinMarketCap che mostra tendenze simili.
#CryptoTrading #Cryptodata

L'integrazione di Polymarket nelle piattaforme Dow Jones segnala il riconoscimento istituzionale dei mercati di previsione come strumenti informativi seri, non solo intrattenimento speculativo.

 

Un forte rendimento nel 2025 e una previsione accurata delle elezioni hanno aiutato i mercati di previsione a dimostrare il loro valore attraverso la "saggezza della folla" supportata da capitali.

 

Nonostante l'adozione crescente da parte dei media, l'incertezza normativa rimane, il che significa che i mercati di previsione non sono ancora completamente transitati in strumenti finanziari consolidati.

Il partenariato esclusivo di Polymarket con Dow Jones segna un punto di svolta mentre i mercati di previsione entrano nei media finanziari principali, ridefinendo il modo in cui probabilità, notizie e intelligenza collettiva si intersecano.

Metaplanet rappresenta un nuovo ciclo di aziende con tesoreria in Bitcoin in Asia, che utilizza i mercati dei capitali per accumulare BTC sul proprio bilancio.

 

Gli investitori valutano Metaplanet attraverso indicatori centrati sul Bitcoin come BTC per azione, rendimento BTC, mNAV e esposizione al leverage.

 

Il futuro rendimento di Metaplanet dipende dai cicli dei prezzi del Bitcoin, dagli sviluppi regolamentari in Giappone e dalla gestione disciplinata del capitale.

Metaplanet è un'azienda pubblica giapponese che adotta una strategia di tesoreria in Bitcoin. Questa guida spiega il suo cambiamento aziendale, i principali indicatori, i rischi e come si confronta con MicroStrategy.