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Today's News Recap
Bitcoin Breakout - Bitcoin reached a new all-time high near $116,000, triggering over $1 billion in short liquidations.
Ethereum Surge - Ethereum surged past $3,000 for the first time in five months, driven by record ETF inflows, corporate treasury adoption, and increased institutional participation.
Memecoin Moves - DOGE blasts 10% higher on volume spike, but SHIB's steady gains pose a tactical choice.
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Messari Protocol Reporting
Messari's protocol reports give you a deep dive on the foundation and state of top crypto protocols, including key metrics and notable events. See the complete list of protocol reports here and get a preview of our latest report below.
Cosmos-based L1 optimized for asynchronous, offchain AI computation
Native token ($WARD) to launch alongside the public release of the Warden App
Warden App offers a chat-based, voice-enabled smart wallet and crypto assistant with 2M beta users already onboarded
New Asynchronous Verifiable Resources (AVRs) — AI modules or plugins that dApps can call and verify onchain
Identity & Privacy Infrastructure: Middleware / Identity Verification
Use palm biometrics and ZK proofs to verify users’ liveness and uniqueness without storing raw biometric data
Verified users generate non-transferable Human IDs to attest to traits like age, location, or access
Acquired Moongate to integrate onchain ticketing—tickets are bound to Human IDs, preventing scalping and fraud
Leading Web3 credential and identity platform
Enable applications to leverage user behavior, reputation, and history across blockchains
Gravity Protocol is Galxe’s decentralized infrastructure layer powering identity, reputation, and credential issuance
20 million+ users and hundreds of ecosystem partners have used Galxe for campaigns, quests, and credential-powered experiences
From Our Sponsor
Airtm and Bridge have partnered with Stellar to streamline cross-border stablecoin payouts, enabling companies to send real‑time, low‑cost USDC payments to over 250,000 recipients across 150+ countries.In just over a year, the integration has processed over $80 million in volume with 20–25% savings compared to traditional methods.
Two Bits
Fundraising Friday
By: Hayden Booms
Pump It Up: The $PUMP ICO goes live July 12
Pump.fun, the viral Solana memecoin launchpad, is launching a token of its own.
Meet $PUMP. The $PUMP ICO kicks off Saturday, July 12, 2025, at 14:00 UTC, and runs until the 150 billion tokens sell out or at 14:00 UTC on Tuesday, July 15. Tokens will be non-transferable for 48-72 hours after the ICO before going live.
While the team hasn’t finalized $PUMP’s utility, they’re considering fee rebates, buybacks, and other incentives. Given criticism that pump.fun’s business model is extractive, many in the crypto community view a buyback as a necessary step toward addressing better value alignment.
From Launchpad to Livestreams
With the launch of $PUMP, Pump.Fun is looking beyond token creation. The team now positions the platform as a Solana-native alternative to Web2 giants like Facebook, TikTok, and Twitch.
Their vision? A platform that rewards instead of extracts, where creators, traders, and founders tap into a global network of instant attention and onchain incentives.
While the long-term product vision remains loosely defined, the message is loud: pump.fun is betting that livestreaming is its next breakout vertical.
ICO Details
Ticker Symbol: $PUMP
ICO Date: Saturday, July 12, 2025 at 14:00 UTC
Maximum Supply: 1 Trillion
Price: $0.004/token
Vesting: 100% unlocked at TGE
KYC Required: US and UK residents are excluded from participating.
$PUMP Token Distribution
Vesting Schedule
Vesting Schedule
Over 50% of the supply unlocks shortly after the Token Generation Event (TGE), including the full ICO allocation and several ecosystem-controlled buckets. Team and investor allocations are locked with a one-year cliff followed by linear vesting through 2029.
The ICO also increased pump.fun’s fundraising target from $1 billion to ~$1.3 billion.
For a more detailed breakdown of $PUMP’s ICO mechanics, token design, and strategic positioning, read “Thoughts on PUMP’s ICO” by Messari Research Analyst Sunny Shi.
