Phantom Acquires Solana Trading Platform Solsniper to Expand Services

The SEC's Division of Corporation Finance clarified that liquid staking tokens (like staking receipt tokens, or SRTs) are not considered securities and don’t require registration. This means projects offering liquid staking services won’t automatically face securities regulations—a big deal for crypto firms navigating compliance.

Editor’s Note: This guidance removes some regulatory uncertainty for crypto projects using liquid staking, a popular DeFi feature. By not classifying these tokens as securities, the SEC is signaling a more permissive stance—at least for now—which could encourage innovation in staking services. For investors and developers, it’s a sigh of relief, but the broader regulatory landscape for crypto remains complex.

Cronos (CRO) token has been trading sideways around $0.1347, following the broader crypto market trend led by Bitcoin. Despite the stagnant price, some key metrics for Cronos are improving, sparking optimism for a potential rebound to $0.20.

Editor’s Note: For crypto investors, this signals a possible recovery for CRO after a period of stagnation. If the positive metrics hold, it could mean renewed interest and upward momentum for the token—something to watch if you're tracking altcoins.

Succinct’s Prover Network has officially launched with an impressive start—1,700 programs and $4 billion in secured value across major blockchains like Ethereum, Solana, and Bitcoin. This rapid adoption highlights the growing demand for zero-knowledge (ZK) infrastructure, signaling a significant shift in the crypto space.

Editor’s Note: This isn’t just another tech rollout—it’s a big deal for crypto. Succinct’s fast traction shows that ZK proofs (a way to verify transactions privately and securely) are becoming essential, not just experimental. With billions already secured, this could speed up broader adoption of privacy-focused blockchain tech. If you’re into crypto, this is one to watch.

Major asset manager State Street is teaming up with Stablecoin Standard to help traditional finance (tradFi) firms better understand cryptocurrencies. The partnership aims to provide education and guidance on crypto to institutions that may be new to the space.

Editor’s Note: This collaboration signals growing acceptance of crypto in mainstream finance. As big players like State Street step in to educate traditional firms, it could speed up institutional adoption of digital assets—potentially bringing more stability and legitimacy to the crypto market. For everyday investors, this could mean more regulated and accessible crypto options down the line.

Former President Donald Trump's public praise of actress Sydney Sweeney led to a noticeable bump in American Eagle's stock price, as Sweeney is a known brand ambassador for the clothing retailer. The market reaction highlights Trump's continued influence on public and financial sentiment, even outside politics.

Editor’s Note: This story shows how celebrity endorsements—and even political figures' casual remarks—can sway stock prices, blurring the lines between pop culture, politics, and finance. For investors, it’s a reminder that unexpected factors can move markets, while for the public, it underscores Trump's unique ability to drive attention (and dollars) with just a few words.