🚀 Resilience Beats Headlines This Week

Contents

• The Wrap Up
• Overview in This Market
• Movement in the Top 8
• Narrative of the Week
• Major Project Updates
• DeFi Brief
• Fundraises
• Airdrops Abound
• Tweet of the Week

THE WRAP UP

Crypto markets showed resilience despite geopolitical tensions. Bitcoin ended the week up 1.37%, Ethereum rose 0.85%, but total market cap fell 2.03% to $3.372T. A $320M long liquidation hit early in the week, but funding rates remained stable. Institutional accumulation was evident—MicroStrategy added 10,100 BTC and SharpLink Gaming backed by public Ethereum treasury purchases. Solana treasuries secured massive equity lines. Notably, despite rising Israel-Iran tensions, the dips were modest—a sign markets are balancing geopolitical risk with optimistic assumptions of de-escalation.

OVERVIEW IN THIS MARKET

• Bitcoin (BTC): +1.37%
• Ethereum (ETH): +0.85%
• Total crypto market cap: -2.03%, from $3.442T to $3.372T
• Funding rates flat, slight uptick in leverage detected
• Major long liquidation of $320M occurred mid-week

What This Means & The Impact
Stable posture in the face of global uncertainty points to an elevated maturity in crypto. Institutional accumulation and interest in long-term treasury strategies are underscoring a shift from speculative to strategic capital deployment.

MOVEMENT IN THE TOP 8

NARRATIVE OF THE WEEK

Stablecoins Shine Under Regulation

• JPMorgan launches JPMD on Base L2
• JD applies for global stablecoin licenses
• The GENIUS Act passes US Senate, earmarking $3.7T stablecoin potential

What This Means & The Impact
Stablecoins are moving beyond crypto-native ecosystems into mainstream finance. Regulatory clarity and corporate adoption mark a tipping point toward mass adoption.

MAJOR PROJECT UPDATES

• Mantle unveils UR neobank bridge
• EigenLayer scales with EigenCloud launch
• Kraken L2 introduces INK token

What This Means & The Impact
On‑ramps are growing robust, closing the gap between DeFi primitives and real-world use. Institutional-grade infrastructure is now a central strategic imperative.

DEFI BRIEF

• ByBit launches ByReal on Solana
• Aave V4 unifies liquidity hubs
• Meteora and CoWSwap enhance DEX utility

What This Means & The Impact
DeFi continues evolving via CEX‑level liquidity and efficiency. These cross-pollinated innovations signal the next wave of adoption.

FUNDRAISES

• Yupp secures $33M (a16z led)
• Gradient Network raises $10M (Pantera led)
• Units Network receives $10M from Nimbus
• EigenLayer raises $70M via OTC sale

What This Means & The Impact
Funding focus is on institutional-ready infrastructure and AI-DAOs. The capital flow highlights priority on scalable and sustainable protocol developments.

AIRDROPS ABOUND

MakerDAO’s Spark announced its SPK token airdrop, claimable until July 22.

Defi.App launched its HOME token airdrop, with users able to stake for 12 months to double their allocation.

Spark Airdrop Eligibility Checker released for SparkLend users and holders of USDS, sUSDS, DAI, sDAI, xDAI, and SAI.

What This Means & The Impact
Airdrops are no longer just marketing stunts - they’re evolving into sophisticated user alignment tools. Projects like Spark and Defi.App are tying rewards to long-term engagement, curbing speculative sell pressure and fostering deeper ecosystem loyalty. Expect more protocols to follow suit – using airdrops as a user retention mechanism, not just a growth tactic.

THE WRAP DOWN

Markets held firm through geopolitical uncertainty—crypto was largely unphased. Institutional flows continue strongly, lending confidence even as risks loom. The rise of stablecoins and strong DeFi infrastructure underline that crypto is increasingly standing on its own.

What This Means & The Impact
This is not a pause - it’s a phase shift. With accumulation outpacing fear and infrastructure progressing, crypto’s foundation is strengthening for the next leg of growth.

Your Trusted Crypto Research Team
Crypto Research Australia - CRA
“True conviction shows when you’re buying the dip while others are looking away.”