
Today's News Recap

Memecoin Meltdown - SEC charges Unicoin and executives with $100-110 million fraud, while the SEC and FBI clear 'Hawk Tuah Girl' of wrongdoing in memecoin fiasco.
Upgrade Ahead? - Solana proposes 'Alpenglow' consensus upgrade, potentially the largest change since its inception.
Record Holdings - BlackRock and Fidelity acquire over $590M in Bitcoin and Ethereum, with BlackRock setting a new Bitcoin holding record.
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In Messari News
New Research Podcast
In this week’s episode, the Enterprise Research team dives into the rise of Internet Capital Markets (ICM)—from the viral momentum behind Launchcoin to what’s really driving value across L1s today. We debate the legitimacy of ICM as a transformative narrative vs. its current memecoin-heavy execution, explore Solana’s positioning, and evaluate whether metrics like REV (revenue) can ground L1 valuations in fundamentals. Plus, we unpack Hyperliquid's growth ceiling, Tao’s new miner subnet, and what DePIN fundamentals actually tell us.
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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.
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Proof-of-Association (PoA) consensus model
Built-in Financial Primitives
EVM compatibility via Cosmos sidechain
High-Performance Monolithic Layer-1
Application-Dense Ecosystem with Strong Monetization
Decentralized Infrastructure with Validator Diversity
Integrated Real-World and Consumer-Grade Use Cases
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Gaming-Led Growth
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