Coin Bytes Archives - Timescrypto

Uniswap Web App Adds Solana Support, Unlocks $140B Opportunity

Uniswap, the leading decentralized exchange, now adds support for the Solana network on its web app so users can connect Solana wallets to trade Solana-based tokens along with other assets from any of the networks supported by the platform.

The integration is made possible by Jupiter’s Ultra API, which gives Uniswap access to over a million Solana-based tokens. Jupiter’s co-founder, SIONG, notes that Uniswap is the first major partner to use the Ultra API for swaps. The move positions Uniswap within Solana’s fast-growing DEX ecosystem, which processed $140 billion in trading volume over the past 30 days, generating $17.5 million in revenue for Jupiter.

Uniswap says it plans to explore bridging, cross-chain swaps, and full Uniswap Wallet support for Solana. Engineers emphasize that the integration stems from platform-agnostic architecture, while the launch also supports Unichain, Uniswap’s layer-2 network, in evolving into a top hub for trading across ecosystems.

DeFi Development Buys $16M in SOL, But Shares Drop 25%

DeFi Development acquires 86,307 SOL for $16 million at an average price of $110.91, thus increasing its treasury to 2.2 million SOL, with a current value of $426 million. Even with this addition, the value of the company’s SOL per share decreased by 25% from $19.44 to $14.67. The drop reflects the dilution of warrants outpacing the growth in treasury as the total count of shares approaches 31.9 million.

The company intends to stake the newly acquired SOL through its validators and other infrastructure to earn yield. DeFi Development remains one of the largest public Solana holders, as the institutional holders of SOL surpass $3 billion and include 20 holders.

The overall trend of digital asset treasuries observing compressed valuations and slower accumulation negatively affects performance. DeFi Development continues to engage in buybacks as well as equity raises to fund its strategy to augment SOL holdings, with some balance of share repurchases.

Florida Eyes Bitcoin Investments in 2026

Florida takes a fresh look at digital assets as state lawmakers propose House Bill 183 during the 2026 legislative session. House Bill 183 would allow public funds, such as the General Revenue Fund and Budget Stabilization Fund, to put up to 10% of their value in Bitcoin or Bitcoin-backed ETFs. The state retirement system could follow similar guidelines but must also rely on recommendations from the State Board of Administration investment officer and comply with governance and risk-mitigation procedures, including asset recovery processes and law enforcement cooperation, if it invests in Bitcoin or ETFs

Former CFO Jimmy Patronis, who called Bitcoin “digital gold,” supports using crypto to diversify the state’s portfolio. The bill contains tight custody provisions and complies with asset safety and custody requirements in the bill to ensure that any digital asset is managed by a qualified custodian and abides by strict protocols mandated by the Federal Government.

In addition to Bitcoin, it could involve tokenized securities and NFTs, signaling Florida’s cautious yet bold step toward modernizing its investment strategy.

Ripple Labs Builds $1B Treasury to Strengthen XRP Holdings

Ripple Labs progresses with a $1 billion initiative to establish a digital asset treasury (DAT) to accumulate its XRP holdings and better position itself in the token’s ecosystem. The company utilizes a special purpose acquisition company (SPAC) structure and contributes its own XRP to fund the initiative.

Digital asset treasuries continue to gain traction as corporations are converting their reserves into cryptocurrencies. Currently, over 200 companies hold a combined total of over $464 billion in digital assets, which is indicative of institutional interest.

Ripple pursues this effort after a recent $19 billion market sell-off, a move that reflects the company’s faith in XRP as a vehicle for payments and liquidity. The company also makes acquisitions of GTreasury for $1 billion, which includes providing advanced tools for corporate treasury management. while setting out to create the bridge between traditional finance and blockchain.

If Ripple is indeed successful, it may become the largest institutional holder of XRP and simultaneously start to position XRP alongside Bitcoin in corporate treasuries, marking a milestone for altcoin adoption.

Anndy Lian Sees Memecoins Set for a Comeback

Crypto strategist and investor Anndy Lian recently pointed to a soft market trend: memecoins continue to trend among crypto natives. Lian is simply one of many banking on the fact that more crypto enthusiasts are starting to add these community-based tokens to their portfolios. The trend indicates that more crypto investors have an emerging interest in what they considered only a few months ago a more niche, speculative asset.

Lian’s viewpoint highlights more than just directional price shifts; it illustrates the sociability of crypto, where online community-sponsored excitement can spur growing interest in digital assets. Although Lian indicates that his findings are positive for the crypto market, the investor also added a level of caution. Proper storage, based on securing any assets in any fun, fast-moving spheres, is also a priority as it relates to dealing with more whimsical tokens.

As conversations around memes continue to evolve, Lian’s viewpoint reflects a greater awareness; in crypto, community sentiment and community-based culture will always have much to bear on the service as much as the numerical data drive markets. And balancing enthusiasm with prudent thought is going to be as critical as it always has been.

Kraken CFTC-Licensed Exchange in a $100M Deal

Kraken has acquired Small Exchange for $100 million, boosting its global infrastructure and status within US derivatives. The acquisition allows Kraken to create a complete suite of US-based derivatives products while combining their spot, futures, and margin products into a single regulated liquidity facility. Kraken reported $412 million of revenue for the second quarter of 2025, up 18% from the prior year but down 13% from Q1. Kraken’s total revenue and EBITDA declined slightly in Q2 2025 despite showing considerable growth in total exchange volume, funded accounts, and assets on the Kraken platform.

Ethereum Tops Developer Growth in 2025, Adding 16K New Devs

Ethereum is proving once again why it’s the go-to blockchain for developers. From January to September 2025, it welcomed 16,181 new developers, more than any other network, with Solana and Bitcoin trailing behind. In total, Ethereum now has 31,869 active developers, nearly double that of Solana and almost three times Bitcoin’s count. This growth shows that builders are flocking to Ethereum, attracted by its vibrant ecosystem, tools, and opportunities for innovation. Other blockchains like Polygon, Sui, BNB Chain, and Polkadot are also seeing activity, but Ethereum’s lead remains clear. Overall, the numbers highlight a healthy, bustling developer community that’s driving new projects, apps, and features across the Ethereum network.

OKX Announces Partnership With Standard Chartered Bank

OKX announces partnership with Standard Chartered Bank to make crypto trading safer and more reliable for institutions in Europe. The partnership brings Standard Chartered’s regulated custody services into OKX’s ecosystem, meaning digital assets will now be stored and protected under strict banking standards. It also allows for secure collateral mirroring, giving institutions more transparency and control over their holdings. By combining OKX’s technology with Standard Chartered’s trusted financial expertise, the two aim to create a smoother, more secure trading experience. This collaboration marks another step toward bridging traditional finance and crypto, showing how established banks and digital platforms are working together to build trust and stability in the growing digital asset space.

CMB International Launches $3.8B Money Market Fund on BNB Chain

China Merchants Bank affiliate CMB International launched its $3.8 billion Money Market Fund on the BNB Chain, bringing traditional finance and blockchain closer together. Through a transparent and secure blockchain network, the move enables investors to access the fund, providing quicker transactions and more efficiency. CMB International wants to make fund management more approachable and digitally savvy by utilising BNB Chain’s smart contract capabilities. Major financial institutions are increasingly adopting blockchain technology to update their existing offerings, as seen by the introduction. It also shows how banks are experimenting with blockchain to increase trust, liquidity, and creativity, gradually erasing the distinction between traditional banking and decentralised technology.

French Bank ODDO BHF Enters Crypto with Euro-Backed Stablecoin EUROD

French banking giant ODDO BHF is making its first foray into crypto with the launch of a euro-backed stablecoin called EUROD. Managing over €150 billion ($173 billion) in assets, the bank is stepping into the digital asset space, aiming to combine the reliability of traditional finance with the flexibility of blockchain. EUROD will debut on Bit2Me, a Madrid-based crypto platform supported by big names like Telefonica, Unicaja, and BBVA. By pegging the stablecoin to the euro, ODDO BHF hopes to offer a safe and regulated digital option for payments, trading, and transactions for both retail and institutional users. The move signals how traditional banks are increasingly exploring crypto to expand services and stay ahead in the evolving financial landscape.

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