1. Pumpfun establishes Glass Full Foundation, injecting liquidity to accelerate ecological community development link
Pumpfun announced on Twitter that it has established the Glass Full Foundation, which will inject significant liquidity into the most vibrant and potential communities within the ecosystem, focusing on supporting core community projects. The foundation aims to accelerate the growth of the Solana ecosystem and has already provided initial support to several projects, with plans for ongoing funding deployment. According to data from @Adam_Tehc, Pumpfun: Glass Full Foundation has spent 1.69 million USD purchasing 10 tokens launched by Pumpfun, with the largest holdings being TOKABU and HOUSE. Currently, there are still 350,000 USD waiting to be invested in the Pumpfun: Glass Full Foundation wallet.
2. Orca DAO proposal plans to use treasury funds for ORCA buyback and validator staking link
Orca DAO is voting on a treasury proposal to authorize the governance committee to stake all of the approximately 55,000 SOL in the treasury to a dedicated validator node, to improve transaction propagation efficiency within the protocol, and to opportunistically use all or part of the SOL and 400,000 USDC in the treasury to buy back ORCA tokens within the next 24 months.
3. The SEC officially exempts liquid staking projects like Lido and Jito from applicable securities regulation link
The U.S. Securities and Exchange Commission (SEC) announced on Tuesday the formal exemption of liquid staking services from applicable securities laws, allowing projects like Lido (Ethereum) and Jito (Solana) to issue staking tokens and distribute staking rewards to users without registration. This decision extends the exemption for self-custody and custodial staking introduced in May this year, clarifying that liquid staking activities do not constitute securities issuance.
4. The Trump family project WLFI announces the launch of the USD1 Points loyalty program link
The Trump family project World Liberty Financial announced the launch of the USD1 Points loyalty program, allowing users to earn points through trading USD1 pairs, holding USD1 balances, and staking USD1. Specific rules will be announced by the partners. WLFI stated that this program draws from the loyalty point mechanisms of mainstream U.S. airlines and hotels, aiming to reward core users with loyalty incentives.
Gate announced that it will jointly launch the USD1 Points program with WLFI, becoming the current exclusive crypto trading platform for USD1 user incentives. Users can earn points through trading, holding USD1, and participating in financial management, Launchpad, and other activities.
5. Chainlink launches strategic LINK reserve pool, accumulating over 1 million USD LINK link
Chainlink officially launches Chainlink Reserve for building a strategic LINK reserve pool based on income accumulation. The reserve is formed from on-chain service income and enterprise-level off-chain integration income converted through Payment Abstraction, allowing users to pay fees using stablecoins or Gas assets, automatically converted to LINK. Currently, the reserve has accumulated over 1 million USD LINK, with no plans to withdraw in the coming years.
6. ResearchHub plans to introduce an RSC token burn mechanism, with 100% of fees automatically burned every week link
The decentralized science (DeSci) project ResearchHub Foundation tweeted that it will release a governance proposal to introduce an RSC token burn mechanism: automatically burning 100% of the transaction fees collected by the foundation every week. RSC is a community governance and utility token on the ResearchHub platform, used to incentivize scientists to publicly share academic content.
7. In the past month, the supply of Ethena USDe has increased significantly by 75% to 9.3 billion USD link
According to DeFiLlama data, the supply of Ethena USDe has increased significantly by 75% to 9.3 billion USD in the past month, surpassing Sky USDS to become the third-largest market cap stablecoin after USDT and USDC. Meanwhile, Ethena has also become the sixth-largest TVL protocol in the DeFi space.
8. Coinbase allows direct trading of tokens on the Base network link
Coinbase announces the launch of decentralized trading (DEX) functionality within its app, allowing users in the U.S. (excluding New York) to trade tokens directly on the Base network. This feature supports automatic liquidity matching via DEX aggregators like Aerodrome and Uniswap, with network fees sponsored by Coinbase. Trading must be done using an integrated self-custody wallet. Coinbase plans to roll out new assets in batches, with future expansion to more networks and markets like Solana.
A few days ago, the official associated account of Base, Base Build, released an incident report stating that the Base mainnet experienced a network interruption on August 5, with block production halted for approximately 33 minutes. The incident was caused by the current sequencer lagging due to on-chain activities, leading the Conductor to automatically switch to a new sequencer, which was still in the deployment process and unable to produce blocks, with the Conductor module not enabled to trigger the next switch. The team discovered the issue at 6:09 and officially initiated a response at 6:12, manually pausing the automatic transfer and taking over for a healthy sequencer, successfully restoring block production by 6:40. Base stated it will optimize sequencer cluster configuration and test coverage to avoid similar incidents in the future.
9. The Cardano community approves a 71 million USD grant to support core protocol upgrades link
The Cardano community has approved the core protocol development roadmap proposal with a 73.93% support rate, which is expected to unlock approximately 71 million USD in fiscal funds to support key work such as decentralized governance, on-chain constitution formulation, and protocol upgrades. This proposal was put forward by Cardano governance organization Intersect, marking Cardano's official entry into the 'Constitution Era' and transitioning towards a fully community-led on-chain governance system.
10. Binance announces the launch of the 30th and 31st HODLer Airdrops projects Towns (TOWNS) and Succinct (PROVE) link
Binance announces the launch of the 30th HODLer Airdrops project Towns (TOWNS), a private group chat open protocol that supports on-chain membership. TOWNS will be launched on Binance on August 5, 2025, at 14:30 (UTC), supporting trading pairs with USDT, USDC, BNB, FDUSD, and TRY, with seed labels. The initial circulation accounts for approximately 20.83% of the total issuance, with an airdrop volume of 3.02%.
Binance Alpha will launch Towns (TOWNS) on August 5, 20:30 (UTC+8). Eligible Binance users can use Binance Alpha points to claim 1,359 TOWNS token airdrops within 24 hours of the trading start on the Alpha activity page.
Binance announces the launch of the 31st HODLer Airdrops project Succinct (PROVE), a decentralized prover network for general zero-knowledge proof generation. From July 9, 2025, 00:00 (UTC) to July 12, 2025, 23:59 (UTC), users who subscribe BNB to simplified earnings (flexible earnings and/or locked earnings) and/or on-chain earnings products will receive airdrops. Binance will launch PROVE on August 5, 2025, at 17:00 (UTC) and open trading pairs with USDT, USDC, BNB, FDUSD, and TRY.
