Circle minted another roughly $750 million worth of USDC on Solana on July 13, pushing its cumulative issuance on the network this year to around $68.26 billion, according to blockchain tracker Onchain Lens.
The US government's strategic handling of seized crypto assets could influence market stability and investor sentiment, impacting future regulations. US-linked wallets move nearly $297M in seized Bitcoin and Ether to Coinbase Prime.
Fundstrat Capital co-founder, Tom Lee, projected that the network value of the market's leading altcoin would experience massive long-term growth. The firm BitMine, linked to the executive, recently acquired a batch of 42,197 ETH to consolidate its institutional corporate reserves. The current market valuation of the smart contract platform stands at 213.