PENGU is showing signs of slowing down, despite a bullish thesis by Animoca

PENGU price loses steam as Animoca pushes long-term IP thesis

Marti Technologies has formally introduced a crypto asset treasury strategy, 
committing 20% of its cash reserves to bitcoin with regulatory safeguards and 
a roadmap to potentially raise that share to 50% including other major 
cryptocurrencies. On July 29, 2025, Marti Technologies (NYSE American: MRT), 
Türkiye’s top mobility app, announced it will begin holding bitcoin as […]

Marti Technologies Kicks off Bitcoin Treasury Strategy, With Roadmap to 50% Crypto Allocation

Solana (SOL) is attracting renewed institutional attention as major asset 
managers including Franklin Templeton, Grayscale, VanEck, and Fidelity have 
updated their spot Solana ETF filings with the U.S. Securities and Exchange 
Commission (SEC). Related Reading: XRP Set To Explode? Analyst Sees $5 Surge 
Any Moment – Details While the token’s price briefly dipped following the 
news, long-term indicators suggest this move could be a major bullish trigger. 
Asset Managers Revise Solana ETF Filings Amid SEC Dialogue As of August 1, at 
least seven asset managers submitted amended S-1 registration statements for 
Solana-based ETFs. These updates, which now include staking provisions and 
clearer custodianship structures, reflect ongoing discussions with the SEC. 
Notably, Grayscale’s updated proposal introduces a 2.5% annual fee in SOL, 
while VanEck’s version includes active staking rewards and dual custodianship. 
These moves are viewed as part of a coordinated strategy to align with SEC 
expectations, especially after the Commission recently approved in-kind 
redemption structures for Bitcoin and Ethereum ETFs. Market watchers believe a 
decision on Solana ETFs could arrive as early as late August or September 
2025. SOL Price Reacts Cautiously, But Long-Term Momentum Builds Surprisingly, 
Solana&#8217;s price dropped by over 3% following the ETF filings, closing at 
$170.24. This suggests the news may already be priced in, or that traders 
remain cautious amid broader market uncertainty. Technical indicators show 
bearish momentum, with SOL struggling to stay above key support zones at $170 
and $158. A close above $180 could reignite bullish sentiment, while a drop 
below $158 may signal a deeper correction toward $145 or $130. SOL&#8217;s price 
moving sideways following a major price spike on the daily chart. Source: 
SOLUSD on Tradingview What Solana ETF Approval Could Mean for SOL While short- 
term volatility persists, the broader implications of Solana ETF approval are 
substantial. A greenlight from the SEC could legitimize Solana as a mainstream 
investment asset, increase market liquidity, and open the door for more 
institutional adoption. With over $60 billion in staked SOL and a maturing 
ecosystem, Solana is well-positioned to benefit once regulatory clarity 
arrives. Related Reading: If Dogecoin Loses This Level, Expect A Major Crash: 
Analyst Warns In the coming weeks, all eyes remain on Washington. But for 
long-term investors, this could be the calm before a potential breakout. Cover 
image from ChatGPT, SOLUSD chart from Tradingview

Why Solana Could Skyrocket: Multiple Asset Managers File Revised ETF Applications to SEC

This content is provided by a sponsor. PRESS RELEASE. When most people think 
of a blockchain conference, they picture sterile ballrooms, endless jargon, 
and a bunch of keynotes. GM Vietnam 2025 – Vietnam Blockchain Week, co-hosted 
by Kyros Ventures and SSID, is here to break that mold. Coming this August 1–2 
at the National Convention […]

GM Vietnam 2025: Where Culture Meets Builders in Hanoi

Mill City Ventures III announced a $500 million equity agreement to boost its 
SUI treasury, which currently sits at 76.2 million units after making its 
first $276 million purchase this week.

Mill City Ventures to load up on more SUI with $500M deal as shares fall 11%

The SEC has activated a high-impact AI task force to embed intelligent 
technology into its regulatory framework, revolutionize enforcement 
capabilities, and drive mission-critical innovation agency-wide. SEC Activates 
AI Command Center to Supercharge Surveillance and Innovation The U.S. 
Securities and Exchange Commission (SEC) announced on Aug. 1 the formation of 
an artificial intelligence (AI) task force […]