Ethereum ACD Meeting: Glamsterdam Upgrade Details Finalized, Targeting Scope Lockdown Soon

According to GMGN data, Robinhood's on-chain meme coin FRONTIER hit a market cap of $3 million and trading volume of $2.3 million just 10 minutes after launch. FRONTIER is inspired by a recent article from Anthropic CEO Dario Amodei, in which he explains to the public why the AI industry should slow down and proposes a three-part plan to achieve this. FRONTIER trades in pairs with ANTHROPICx1L (Anthropic 1x Long tokenized position) via the Long.xyz platform. Long.xyz is Robinhood's on-chain meme coin launch platform, focused on an innovative "coin-stock meme" model that ties traditional meme coins directly to tokenized U.S. stocks, forming a dual-driven mechanism of "sentiment speculation + real asset anchoring". The platform allows users to issue meme tokens and pair them directly with on-chain U.S. stock tokens (such as NVDA, TSLA, AAPL, etc.) instead of traditional USDT or ETH pairs. A portion of transaction fees flows back to the community treasury to accumulate the corresponding U.S. stock tokens, creating a unique value capture model. Anthropic currently has high IPO expectations, but as it remains unlisted, direct long positions are difficult in traditional markets. On-chain platforms like this provide speculative exposure via such tokenized long positions paired with meme coins, representing an upgraded version of the earlier trend of pairing meme coins with stock tokens like NVDA. BlockBeats reminds users that related tokens have high price volatility and significant uncertainty, so users should exercise caution when investing.

According to GMGN market data, after an afternoon of shake-out and consolidation, Robinhood ecosystem meme coin CATGPT has surged again, briefly breaking through the $20 million market cap before pulling back. Its current market cap stands at $15.62 million, with a 41% gain in the past hour. CATGPT trades in a pair with OPENAIx1L (OPENAI 1x Long tokenized position) via the Long.xyz platform. Long.xyz is a meme coin launch platform on the Robinhood chain, focusing on the innovative "coin-stock meme" model that directly links traditional meme coins to tokenized U.S. stocks, creating a dual-driven mechanism of "sentiment speculation + real asset anchoring." The platform allows users to issue meme tokens and pair them directly with on-chain U.S. stock tokens (such as NVDA, TSLA, AAPL, etc.), instead of the traditional pairing with USDT or ETH. A portion of transaction fees flows back to the community treasury to accumulate corresponding U.S. stock tokens, forming a unique value capture model. OPENAI currently has high IPO expectations, but as it remains unlisted, traditional markets cannot easily go long on it. On-chain platforms like this provide speculative exposure through such tokenized long positions paired with meme coins, an upgraded iteration of the earlier trend of pairing meme coins with stock tokens like NVDA. BlockBeats reminds users that related token prices are highly volatile and carry significant uncertainty, so users should exercise caution when investing.

Renowned trader Killa published an analysis noting that Bitcoin has been in repeated choppy swings recently, with the market repeatedly hunting long positions below previous lows—aimed at liquidating leverage and gradually eroding the confidence of long-position holders. Killa argues that this continuous stop-hunting behavior typically signals the market’s ultimate intent to reward longs, with the final sweep marking a local bottom before prices extend higher. A BTC-focused quantitative trader, Killa correctly predicted the peak of the current bull market in May 2025 and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, and shifted to a long position on June 5 amid the market’s broad sell-off.

According to data from crypto analyst @AxelAdlerJr, Bitcoin's futures contract open interest has decreased by 13,600 units over the past 24 hours, equivalent to roughly $1.051 billion. Separately, HTX market data shows Bitcoin experienced sharp short-term volatility after last night's CPI release: it dipped to a low of $76,000 before rallying to a high of $79,800, with the majority of contract leverage being liquidated during this period.

Crypto analyst Darkfost cited market data, noting that based on the latest CPI figures, the U.S. core CPI has hit a low not seen in over five years. While monthly inflation remains elevated, the long-term downward trend since 2022 is clear. Darkfost argues the Federal Reserve (Fed) bases its decisions on long-term developments rather than monthly noise. Although market forecasts put the probability of an interest rate hike as high as 85-90%, Darkfost asserts there is no urgency for the Fed to raise rates in September.

Donut AI CEO and founder Chris recently disclosed his holdings and live trading results on the FOMO platform (FOMO account: chriszhuureal). Over the past 30 days, he has generated approximately $130,000 in profit, trading multiple active tokens on the Robinhood Chain, including PONS, AI, and BONER. According to Chris’s Twitter post, he has held PUMP for several months, citing that the protocol is one of the most stable revenue-generating products in crypto, with solid operations and high retail investor exposure. This position has now realized a profit of around $930,000. However, he also pointed out PUMP’s shortcomings: its mobile experience is laggy, and its design is not centered on social elements—exactly why he shifted to testing FOMO. Additionally, Chris said he took profits on PONS when it hit a roughly $600 million market cap, and shortly after spotted a token launchpad emerging on the Solana ecosystem, leading him to buy STONK at the bottom. His view: Solana token performance depends on the amount of SOL on-chain, while the Robinhood ecosystem relies on the amount of cash and FOMO sentiment on the platform. This marks a difference in asset flow: the Robinhood Chain is too new, with its market performance almost entirely driven by inflows of new retail funds; by contrast, Solana token pricing will revolve around the flow of existing SOL. On position entry details, Chris revealed he entered STONK at an $89 million market cap, based on PONS’s previous surge to nearly $1 billion. STONK has since broken through a $280 million market cap, and the profit screenshot he shared shows gains of roughly $180,000. While he notes STONK’s buyback design lags behind that of Robinhood Chain’s launchpad Long.xyz, he remains more optimistic about the Solana ecosystem’s future development. Finally, Chris stated in a long post that he will continue holding STONK and PUMP, but reminded all crypto investors to always prioritize taking profits in trading.