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Jupiter announced the launch of the digital card platform Jupiter Gacha, supporting collectors in purchasing real-rated Pokemon and One Piece cards. The related cards will be issued in a fully on-chain format and can be traded on the Solana DEX.According to the introduction, each draw on Jupiter Gacha corresponds to a certified rated card, giving users the chance to draw cards worth more than the amount paid, and rewards can be obtained during the event. This feature is currently in the Beta testing phase.

According to a post by Vitalik Buterin, Ethereum researchers recently held a meeting in Berlin to update the long-term development roadmap of the protocol (strawmap.org). Vitalik pointed out that "Lean Ethereum" is not a one-time upgrade, but a series of improvements that will be phased in over the next three to four years, with an importance comparable to the "Merge," covering almost every core module of the protocol.The main content includes: Verification Mechanism: Introducing recursive STARKs to replace the existing direct re-execution method, becoming a core component at the protocol level; Quantum Security: Significantly elevated priority, all quantum-vulnerable components will be replaced, and the design for quantum-safe Blobs is in progress; Consensus Layer: Decoupling usable chains from finality, achieving one to two rounds of finality, with better security and lower latency; State Layer: The existing dynamic state remains unchanged, but new types of states with greater scalability (such as UTXO storage, circular buffers, etc.) will be added, with an expectation that by 2030 Ethereum will have 2 TB of dynamic state + 100 TB of new type state, allowing for over 10 times reduction in Gas fees after the migration of applications like ERC20 and NFTs; Privacy: Upgrading from an additional feature to a primary goal, integrated into designs such as Mempool and state trees; VM: Introducing leanISA or RISC-V beyond EVM, with the long-term goal of direct protocol layer only.

According to official news, the Jupiter Strategic Reserve Trust, Jupiter Litterbox Trust, increased its holdings by 186,546 JUP yesterday, worth approximately $45,000. This month, it has accumulated purchases of 1,226,119 JUP, worth about $300,000. So far, its total purchases amount to 145,028,229 JUP, valued at approximately $34.8 million.The Jupiter Strategic Reserve Trust is the official on-chain treasury fund of Jupiter, automatically transferring 50% of the revenue from the Jupiter protocol to continuously buy and hold JUP tokens on the open market through smart contracts, often humorously referred to by the community as the "Litterbox Trust."

Crypto journalist Eleanor Terrett posted on the X platform that after the release of President Trump's financial disclosure documents, Senator Gillibrand once again called for advancing ethical reforms to prohibit the president, congressional members, and their spouses from issuing or sponsoring digital assets.The financial disclosure documents show that President Trump earned over $600 million from his Solana Meme coin in 2025. At the time of this announcement, Senator Gillibrand's long-standing position advocating for stronger ethical rules came under more scrutiny, as reports emerged that her son had raised funds to launch a cryptocurrency derivatives exchange.

The Reserve Bank of India (RBI) reiterated its support for a regulatory strategy of "containment and a tendency to prohibit" regarding crypto assets in a document submitted to the Parliamentary Standing Committee on Finance, stating that "prohibition" remains one of the policy options recognized by the international regulatory framework. The RBI suggested that banks and other regulated financial institutions should not hold, trade, or provide exposure to crypto assets and privately issued stablecoins to avoid potential contagion risks to the financial system.The RBI stated that implementing traditional financial regulation on crypto assets could mislead the market, granting "legitimacy" to speculative assets that lack actual economic value and creating a false sense of security for users. The RBI also warned that the widespread use of stablecoins could undermine India's monetary sovereignty, weaken the transmission mechanism of monetary policy, disrupt the payment system, and pose risks to financial stability. Therefore, it recommended prioritizing the development of sovereign digital payment infrastructure such as Central Bank Digital Currency (CBDC). Additionally, the RBI questioned the relevant rankings claiming "India is the country with the highest global crypto adoption rate," arguing that the data from private blockchain analytics firms has methodological flaws. It pointed out that there are currently 54 crypto service providers registered with the FIU in India, with approximately 39.3 million users who have completed KYC verification holding crypto assets worth about 20.437 billion rupees. It should be clearly distinguished between speculative crypto assets and the tokenization of real-world assets (RWA) such as government bonds and corporate bonds to avoid impacting the innovation of financial asset tokenization.

According to The Block, Bernstein reiterated its outperform rating on Circle in a report released on Wednesday, maintaining a target price of $190, representing a potential upside of approximately 203%.Analysts believe that while Open USD shows that the stablecoin sector is widely recognized, it will be difficult in the short term to challenge Circle's network effects and liquidity advantages. Circle's USDC saw a trading volume of $5.3 trillion in the first half of 2026, a significant year-on-year increase, with its trading volume share rising from about 40% in 2025 to approximately 60% currently.At the same time, Bernstein also maintains an outperform rating on Coinbase, with a target price of $330.

According to The Block, Benchmark Equity Research maintains a Buy rating on Strategy and reiterates a target price of $570. This target price still has about a 515% upside compared to Strategy's closing price of $92.68 on Monday.Analyst Mark Palmer stated in the report that the digital credit capital framework launched by Strategy allows it to actively manage both ends of its capital structure according to market conditions, including repurchasing common and preferred stock when necessary, selling Bitcoin to meet obligations, and pausing additional issuances when the stock price is not at a premium.Palmer believes that this framework marks a shift for Strategy from previously issuing securities in a one-way manner to actively managing capital in both directions. He stated, "This is a significant positive for shareholders."The report also pointed out that this framework addresses market concerns about dilution and enhances flexibility through a structured repurchase plan. Palmer also believes that the authorization to sell up to $1.25 billion worth of Bitcoin is negligible compared to Strategy's reserve of approximately 847,000 BTC.

Jupiter Strategic Reserve Trust, Jupiter Litterbox Trust, increased its holdings by 177,570 JUP yesterday, worth approximately $39,000. This month, it has accumulated purchases of 13,346,232 JUP, worth about $2.93 million. So far, its total purchases amount to 142,703,464 JUP, worth approximately $31.4 million.Jupiter Strategic Reserve Trust is the official on-chain treasury fund of Jupiter, automatically transferring 50% of the revenue from the Jupiter protocol, continuously buying and holding JUP tokens in the open market through smart contracts, and is often humorously referred to by the community as the "Litterbox Trust."

According to the official announcement, Gate has optimized and upgraded the VIP level evaluation rules. Starting today, Polymarket trading volume and asset holdings will officially be included in the VIP level evaluation system. This adjustment further broadens the VIP upgrade path, allowing Polymarket trading users to fully enjoy the level growth and exclusive rights brought by trading activities and asset holdings.It is reported that Gate continues to improve the VIP exclusive rights ecosystem, creating a high-end service system around multiple dimensions such as trading, wealth management, and lifestyle. Recently, the platform has successively launched VIP exclusive airdrop activities for whiskey, gold jewelry, and more, as well as providing exclusive financial products, higher-level income rights, and diversified benefits such as sports event viewing and invitations to offline activities.Gate will continue to organize VIP users to watch events at Inter Milan and F1 venues, experiencing exclusive hospitality and the atmosphere of top-tier events, creating a richer exclusive experience for high-level users.

According to Jinshi reports, the Federal Reserve FOMC statement reiterates the policy of maintaining ample reserves in the banking system and instructs the open market operations department to increase securities holdings when appropriate.

According to The Block, Benchmark Equity Research maintains a buy rating on Coinbase, with a target price of $270, representing an upside of approximately 59.5% from the current stock price. Analyst Mark Palmer stated that Coinbase's recent system updates clearly demonstrate its rapid transformation from a cyclical crypto broker to an infrastructure platform connecting the on-chain economy with traditional finance.The report highlights Coinbase's product advancements in tokenized U.S. stocks, stock and crypto options, prediction markets, AI investment tools, and agentic payment infrastructure, as well as its prior approval from the CFTC to operate as a Futures Commission Merchant (FCM), allowing it to offer global crypto perpetual contracts and options trading to U.S. clients through Deribit. Benchmark believes these initiatives further confirm that Coinbase is continuously expanding its business boundaries beyond spot crypto trading.

Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), reiterated that the review of cryptocurrency perpetual contracts will be conducted on a "single asset" basis. CFTC staff had previously clarified this position in the advisory opinion regarding 24/7 continuous trading, and the regulator will assess the compliance of perpetual products for different underlying assets using this framework.

According to Jinshi, SpaceX (SPCX.O) stated that the underwriters exercised their option to purchase an additional 83.33 million shares. SpaceX raised approximately $85.7 billion in its initial public offering.

Kraken employee Nata posted an explanation for why the SpaceX Pre-IPO orders were only partially fulfilled: global demand far exceeded the allocation limits set by underwriters, and the unmet portion will be fully refunded without any charges.ChainCatcher previously reported that Kraken employee Nata stated that the subscription limit for SpaceX tokenized stock (SPCX) on the xStocks platform "was much less than expected and was significantly reduced," adding a note to "cancel hedging." Currently, Kraken has not issued an official statement on this matter.

Robinhood CEO Vlad Tenev announced that the company's brokerage and clearing division, Robinhood Securities, has been approved to act as an IPO underwriter. It is currently unclear which regulatory agency completed this approval, but the relevant regulation of the IPO process typically involves FINRA and the SEC.This initiative is a further upgrade based on Robinhood's existing IPO Access business. Through IPO Access, Robinhood users can participate in the subscription of stocks from companies that are about to go public. Underwriters play a more central role, not only assisting private companies in completing the listing process but also acting as intermediaries between issuers and investors.

Investment bank TD Cowen analyst Lance Vitanza reiterated a buy rating on Bitcoin treasury company Strategy (MSTR), with a target price of $400.

According to Cryptopolitan, the Solana ecosystem's decentralized aggregator Jupiter has launched the prediction market Forecast, which is the first native prediction market on Solana. Unlike traditional models that rely on a single liquidity pool, Forecast allows proprietary automated market makers to quote independently, and the system matches users with the currently most competitive quotes.The product will be integrated into Jupiter's existing Jup Predict interface, initially launching a short-term cryptocurrency price prediction market with a 15-minute window, with plans to expand to other types in the future. Jupiter stated that Forecast is not in competition with its partner Polymarket, but rather provides supplementary infrastructure for additional liquidity. Each prediction market created through the Forecast platform will issue its own native token to simplify integration.