Today's News Recap
Coinbase Capital - Coinbase plans to raise $2 billion through private convertible note offering.
Trump Crackdown - President Trump to sign executive order threatening penalties for crypto debanking.
Solana Shipping - Solana Mobile begins shipping second-gen Seeker smartphones to customers in over 50 countries.
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Top Assets
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.
Helps Avalanche L1s launch with secure validator sets via dual staking, allowing both native and blue-chip assets to be staked
Restaking module has attracted $7M in TVL ahead of its core protocol launch in Q4 2025
100M SUZ supply will support governance, staking rewards, and gas utility for future Suzaku-built L1s.
The TGE is scheduled for August 2025
Decentralized, enterprise-grade GPU cloud platform designed to serve AI, gaming, and Web3 workloads
Full-stack DeFi experience, including a Pro Terminal, Mobile App, Perpetuals DEX, Portfolio Tracker, and more
920K on-chain JUP holders: governance and buybacks structured to reinforce decentralized ownership and usage-aligned incentives
Modular, multi-chain protocol building an agent-centric AI infrastructure stack
Combines on-chain identity, verifiable data processing, and adaptive AI behavior
CARV introduced a three-phase roadmap—Genesis, Pulse, and Convergence—to develop persistent, economically-aware agents that operate and collaborate on-chain
Messari Research
An Analysis of Post-TGE Kaito Campaigns
By: Chris Davis
Enterprise Sneak Peek
For post-TGE projects, every incentive campaign funded by tokens dilutes current holders. This dilution is justifiable if the campaign results in meaningful value creation. So what value, if any, does a Kaito Leaderboard create for post-TGE projects?
This report sets out to answer this question by analyzing the impact of post-TGE Kaito leaderboard campaigns on mindshare, social engagement, fundamentals, and price action across a cohort of ten campaigns.
