Plasma's XPL extended its rally over the past 24 hours, climbing 27.54% to $0.07904, according to CoinDesk. Trading activity accelerated alongside the move, with daily volume reaching about $149 million, up 128.02% from the prior day. This advance stands out from earlier rebounds as participation increased across both spot and derivatives venues, suggesting fresh capital returning to the market and a stronger bias toward near-term upside. Open interest rose to roughly $118 million, led by derivatives positioning: XPL open interest increased 47.37% to $117.57 million. When open interest expands in tandem with a sharp price rise, it typically signals new money entering futures rather than traders simply rotating existing exposure, reinforcing the market's short-term bullish tilt. The buildup in leveraged positions can also raise liquidation risk if prices pull back. A failure to hold current levels could translate into higher volatility. Technically, XPL is nearing the upper boundary of a descending channel. Price previously found support around $0.060 near the channel's lower boundary, then rebounded quickly and pushed toward resistance above the channel. It is now approaching that key area without a confirmed breakout. Momentum gauges have improved. The Relative Strength Index (RSI) has rebounded to 50.99 and moved above the signal line near 43.13, pointing to firmer buying pressure. The Parabolic SAR has flipped below price, reflecting short-term bullish momentum. The broader downtrend channel remains intact, keeping the resistance zone in focus. Sustained buying could drive a test of the channel's upper boundary; rejection there could send the token back into consolidation. Derivatives sentiment also leans constructive. The open-interest-weighted funding rate remains positive, indicating stronger demand for longs than shorts and aligning with the recent surge in open interest. Funding has not reached extremes, implying improving sentiment without clear signs of overcrowded long positioning. If price strength persists and additional capital follows, XPL could still have room to move higher.

Spot Ripple ETFs logged another session with no trading activity. Across the past five trading days, the funds have recorded $0 in activity on three days, tempering what had been a strong start to 2026 for the products. Even so, momentum has not fully faded. The ETFs have attracted $11.3 million of net inflows in June so far, suggesting demand remains intact. Collectively, the funds still hold 1.40% of the current $XRP supply.

Large Litecoin holders continue to add to positions even as the market debates LitVM. Wallets holding 10,000+ litecoin:native rose to 648, up 7% over the past five months. According to @SantimentData, whales kept buying despite muted price performance, while transaction volume has slipped to its lowest levels of the year. Much of the attention is centered on LitVM, @litecoin's first official smart-contract layer. The initiative is backed by the Litecoin Foundation (@LTCFoundation) and has been running on a testnet since April. The community remains divided on whether DeFi on Litecoin can translate into sustainable demand. At the same time, some testnet participants are farming activity in anticipation of a token that has not been confirmed.

Paxos has transferred 99,999,999 PYUSD, valued at $100,007,365, to Ethena.

Uniswap has rolled out tokenized securities across its app, wallet and API, putting names like SpaceX, Apple, Tesla and NVIDIA within swap distance and tradable like other tokens. Interest has been building: Uniswap says $9.1 billion has already been swapped through real-world asset (RWA) pools, spanning about 140,000 wallets. With the latest launch, these products move to a more prominent placement, supported by Uniswap v4 hooks that can enforce KYC gates and issuer-level restrictions.

Remixpoint is stepping up its exposure to XRP as cryptocurrency-related income takes on a bigger role in the Japanese firm's earnings mix. In its latest outlook, the company said its digital asset management segment could generate up to ¥12.442 billion in the coming fiscal year. The projection reflects how a strategy that began as a hedge against a weakening yen has evolved into a material business line, with crypto-market moves now feeding directly into results and forward guidance. Remixpoint first drew attention for its aggressive Bitcoin buying. By April 2026, it had built a Bitcoin treasury of more than 1,491 BTC. Recent disclosures show the approach is broadening: the company now holds about 1.2 million XRP and has also built positions in other tokens including Solana (SOL) and Dogecoin (DOGE), signaling a more diversified crypto treasury strategy. Since November 2024, Remixpoint has included valuation gains and losses on digital assets in its revenue reporting. Price swings in Bitcoin, XRP and other holdings therefore flow through to reported earnings. Looking further out, the company's fiscal 2027 targets remain closely tied to crypto-market conditions. Its projections assume Bitcoin trades in a range of $86,000 to $116,000, underscoring management's view that digital assets will remain central to performance despite volatility. With projected digital asset revenue of up to ¥12.442 billion and XRP now a notable part of its holdings alongside Bitcoin, Remixpoint is leaning more heavily on crypto-driven growth in the years ahead.

io.net has introduced a revenue-linked token burn designed to reduce IO's circulating supply while offering more predictable economics for infrastructure providers. The decentralized GPU network said the approach could eliminate as many as 12 million IO tokens over the next 12 months. The first burn was executed on June 11 to coincide with io.net's third anniversary. Going forward, the company said burns will be funded by actual network revenue generated from customer usage, rather than by issuing new tokens. Under io.net's Incentive Dynamic Engine (IDE), at least 50% of post-payout network revenue received in IO tokens will be permanently burned. Based on current revenue levels and its commercial pipeline, io.net estimates the mechanism could remove up to 12 million IO tokens in its first year. The change comes as io.net points to accelerating enterprise adoption. The company disclosed an $8 million enterprise agreement, its largest to date, which it estimates contributes about $650,000 in monthly on-chain network earnings. io.net added that several additional enterprise deals are in advanced negotiations. On the product and usage front, io.net said it has become the largest DePIN-based inference provider on OpenRouter, a routing platform developers use to access AI models. The network reportedly processes more than 4 billion inference tokens per day, positioning it as a decentralized alternative competing for AI workloads typically handled by centralized cloud providers. io.net also tied the rollout to broader momentum in AI compute demand, citing industry commitments exceeding $500 billion for AI infrastructure across 2025&2026. The company argued that hyperscalers' capacity constraints and pricing dynamics leave room for decentralized networks that can flexibly supply GPUs. IDE is also intended to address a common challenge for tokenized infrastructure networks: supplier earnings volatility. Instead of paying providers in a fluctuating token amount, io.net links payouts to a stable U.S. dollar value. Reserve mechanisms are designed to buffer market swings so providers can receive predictable earnings even if IO's price declines. io.net cited independent testing by tokenomics firm CryptoEcon Lab. According to the company, simulations that modeled a 55% drop in demand alongside a 50% decline in token price still showed stable supplier returns. "Most token economies in our space are still built around the hope that prices go up. Ours is built around the certainty that people are paying to use the network. That's a fundamentally different foundation," io.net CEO Gaurav Sharma said. Looking ahead, io.net said it is developing an Agent Cloud that would allow AI agents to autonomously source and manage compute resources on the network, part of its broader push toward a self-sustaining, on-chain compute economy supported by decentralized providers globally. Key takeaways: - New burn mechanism (IDE): at least 50% of post-payout IO token revenue will be burned. - Potential impact: up to 12 million IO tokens removed in the first year. - Commercial momentum: $8M enterprise deal; about $650k in monthly on-chain revenue. - Usage: more than 4 billion inference tokens processed daily on OpenRouter; largest DePIN inference provider on the platform. - Supplier protections: USD-linked payouts and reserve buffers; stress tests indicate resilience under sharp demand and price declines.

Blockchain investigator ZachXBT reported tracking an attempted $120 million USDT laundering operation that routed funds into Monero (XMR). The flow coincided with Monero's price moving from about $330 to $438. Tether later froze $72 million in USDT tied to the activity, according to the report.

Remixpoint is steadily expanding its corporate crypto treasury, with XRP now standing out as a core holding alongside Bitcoin, Solana and Dogecoin. The Tokyo-listed company says its digital asset management operations are expected to remain a meaningful earnings driver through fiscal 2027, signaling sustained confidence in crypto-related business lines. Best known in the past for energy consulting, Remixpoint has increasingly positioned digital assets as a strategic financial tool. The move aligns with a broader corporate shift toward using cryptocurrencies in treasury management amid currency volatility and changing market conditions. Bitcoin remains the company's largest treasury asset. Remixpoint had accumulated more than 1,400 BTC by early 2026, placing it among Asia's more notable corporate Bitcoin holders. At the same time, management has broadened exposure across major tokens. XRP has become one of the firm's most closely watched positions, with holdings exceeding 1 million tokens; a social media post cited 1,191,204 XRP on the balance sheet and projected up to ¥12.4 billion in digital asset revenue for FY2027. The company's holdings also include Solana and Dogecoin, both of which continue to draw interest from retail and institutions. XRP's growing weight in the portfolio reflects Remixpoint's diversification approach. While Bitcoin is typically treated as a long-term store of value, XRP is often linked to cross-border payment efficiency and blockchain-based settlement use cases. Remixpoint's FY2027 outlook assumes supportive crypto market conditions, aided by increased institutional participation, clearer regulation and continued investment in blockchain infrastructure. Japan's relatively mature regulatory framework for digital assets has provided more certainty for corporate adoption, enabling firms such as Remixpoint to pursue longer-term exposure with greater confidence. Cryptocurrencies are set to remain central to Remixpoint's strategy. As institutional adoption broadens and blockchain use gains traction, the company's increasing allocation to XRP and other digital assets could further reinforce its position in Japan's evolving crypto economy.