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Today's News Recap
XRP’s Uptrend - XRP's July uptrend threatened as Bitcoin's $120K price resistance holds.
Doge Drives - DOGE volume spikes 75% above average as traders defend $0.26 floor.
DOJ's Blunder - DOJ blames court error after Trump-linked crypto scam docket briefly sealed.
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In Messari News
This week’s Unqualified Opinions features Sphere Labs co-founder Arnold Lee, who joins Messari’s Andrew Dyer to discuss how stablecoins are disrupting global payments, especially in emerging markets. From dissecting “stablecoin sandwich” models to explaining why FX fees persist, Arnold brings an insider’s view to the complexities of building compliant, high-speed payment rails on blockchain infrastructure. If you're exploring how programmable money is reshaping finance, don’t miss this one.
📘 Explore the bigger picture in our just-released State of Stablecoins 2025 Report.
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.
Controls over 82% of Aptos’ liquid staking market, with 34.1M APT staked
Via AMI token and liquid staking derivatives, users participate in both Amnis DAO governance and Aptos protocol-level decisions
Amnis earns 7% performance fee on staking rewards, generating consistent treasury inflows without diluting user principal
amAPT and stAPT are supported across leading Aptos protocols (Aries, Meso, Echelon, Cellana, Hyperion)
MapleStory N, the blockchain version of Nexon’s legendary MMORPG, launched May 2025
Over 1.1M users on day one and 1.7M NFTs minted pre-launch
Averaging ~36K daily active wallets and over 10K daily marketplace participants
Most active Layer-1 on Avalanche by address count
Layer-1 / DeFi Infrastructure built on Cosmos SDK
Bitcoin-backed security sharing for other chains (BSNs – Bitcoin Supercharged Networks)
Secured 57,167 BTC, representing 0.29% of Bitcoin's supply—ranking 4th behind only BlackRock, Grayscale, and Fidelity
BABY token launched in April with a 6% airdrop. It powers governance, gas, and staking
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.
Messari Research
State of Stablecoins
Messari’s latest deep dive unpacks the evolution of stablecoins as global money infrastructure. From new regulatory regimes to emerging categories like privacy and yield-bearing stables, this report maps the future of digital cash.
This comprehensive, FREE report was produced with contributing partners: Coinbase Developer Platform, Tether, Tron, Addressable, Circle, Global Dollar Network, Stellar, Sky, Hyperbeat, Perena, fx Protocol, Bitso, Huma, Ondo Finance, Plasma, Dragonfly, Anchorage Digital, and Sphere.
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