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Payments Pilot - Visa tests Stablecoin payouts to speed Payments for creators, gig workers.
ETF Expectations - First U.S. spot XRP ETF could go live on Thursday.
TradFi Token - JPMorgan rolls out JPM coin leveraging Coinbase's Base.
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Monad is redefining what’s possible for scalable, censorship-resistant blockchain infrastructure. In the latest episode of Fully Diluted, hosts Dylan Bane and Matthew Nay sit down with Monad’s Kevin and Jack McCordic to discuss the upcoming mainnet launch, how Monad achieves 10,000 TPS without sacrificing decentralization, and why their approach could reshape how crypto apps scale. The team shares behind-the-scenes insights into ecosystem growth, decentralization tradeoffs, and what success will look like post-launch — from thriving DeFi apps to on-chain GDP.
Messari's protocol reports give you a deep dive on the foundation and state of top crypto protocols, including key metrics and notable events. See the complete list of protocol reports here and get a preview of our latest report below.
Helium reached $18.3M in annualized revenue, with all earnings now burned — directly linking protocol use to HNT token value
Over 5,452 TB of data was offloaded from major U.S. mobile carriers (+100% QoQ), as partnerships with AT&T, Telefónica, and others
461K+ Helium Mobile accounts (+48% QoQ) and 1.2M average daily users, driven by low-cost, crypto-native mobile plans and new coverage through LongFi and Movistar Mexico
Businesses and Wi-Fi providers can now join the network using existing routers, further decentralizing infrastructure participation
Decentralized indexing protocol that structures and serves blockchain data through customizable APIs called Subgraphs
Active Subgraphs reached a record 15,087 (+7.6% QoQ), showing strong developer engagement
Introduced Hypergraph, a local-first framework enabling user-owned, privacy-preserving apps with composable on/off-chain data
New Chain Integration Process (CIP) now ties rewards to real usage and active Subgraphs
NEAR’s market cap rose 24% QoQ to $3.3B, supported by a 533% surge in DEX volume and a 28% jump in stablecoin market cap
Intents framework evolved into a multichain coordination layer handling 2.3M swaps ($234.9M volume)
This enabled AI agents and users to perform autonomous, cross-chain transactions
Upgraded from 8 to 9 shards, boosting throughput by 12.5% and expanding validators to 500, improved state sync, data recovery, and performance
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