Binance will support the Polygon (POL) network upgrade and hard fork on July 29.

According to official announcements, Pons has unveiled its Pons V2 upgrade, designed to enhance token issuance and trading experiences on Robinhood Chain. The team noted that since the protocol’s launch, it has faced multiple attacks, but with support from infrastructure partners, the platform has returned to stability. The Pons V2 contract has not yet been deployed; it is currently undergoing audits by two firms and is projected to launch next week. This upgrade brings comprehensive optimizations focused on liquidity, developer incentives, and asset types. Pons V2 will use an ETH-denominated Bonding Curve mechanism, removing trading restrictions for regular users while implementing configurable position limits exclusively for developer wallets to improve trading fluidity. Additionally, the new version will support UniV4 Hooks, enabling creators and the protocol to default to receiving fees in ETH, avoiding receipt of meme tokens and associated sell pressure; users will also have the option to earn yields in USDG or other real-world asset (RWA) tokens. Pons will also support deployment of any trading pair, allowing creators to issue tokens paired with assets like USDG, NVDA, AAPL, and HOOD directly, providing infrastructure support for the RWA and "memestock" ecosystems on Robinhood Chain. Regarding token lifecycle, V2 tokens will initially operate on the Bonding Curve; once fundraising reaches 4.2 ETH, they will automatically "graduate" and migrate to Uniswap V4 liquidity pools, with associated liquidity positions permanently locked to prevent liquidity withdrawal. Furthermore, Pons V2 will restore its previously paused CTO function, introduce a 3-day timelock mechanism, and plans to launch an optional reflection token feature—via an optional tax on buy/sell transactions—to provide revenue distribution and holding incentives for ecosystem partners. The team added that the above features may still be adjusted based on audit outcomes.

According to monitoring by Onchain Lens, wallets linked to Multicoin Capital have transferred a cumulative total of 490,000 HYPE tokens (valued at approximately $29.48 million) over the past two days. A wallet suspected to belong to Multicoin Capital has just sent 93,000 HYPE tokens (worth around $5.48 million) to multiple new addresses. This mirrors a similar move by the same wallet two days ago, when it transferred a total of 397,500 HYPE tokens (about $24 million). The funds were split and moved across multiple addresses before being ultimately deposited into Coinbase. Overall, the linked wallet has now transferred a combined 490,000 HYPE tokens, with a total value of roughly $29.48 million, over the past two days.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a crypto whale that has accumulated over $109 million in holdings since July has added another $17.75 million in assets. Over the past four hours, the whale withdrew 75 WBTC and 4,998 ETH from trading platforms. As of press time, the whale’s total holdings stand at 56,400 ETH and 700 WBTC, with a combined value of $148 million. Its average cost basis is approximately $1,742 per ETH and $64,205 per WBTC, generating an unrealized profit of $11.42 million.

TD Cowen has cut its price target for Tesla (TSLA.O) from $490 to $460.

Citi analysts noted in a client report that the stock of STMicroelectronics (STM.N) already reflects a recovery in its end markets and accelerating growth in data center revenue. The analysts added that the European chipmaker’s second-quarter results and guidance were largely in line with market consensus, driving its share price higher this year. Since January, STMicroelectronics’ share price has more than doubled, surging nearly 160%. The analysts warned: “Without a positive catalyst to lift expectations, the stock could face near-term resistance.”

Driven by a boom in artificial intelligence and data center project investments, foreign investors have applied to invest 1.37 trillion baht (around $40.6 billion) in Thailand in the first half of 2026, an 80% year-on-year rise. Narit Therdsteerasukdi, secretary-general of Thailand’s Investment Promotion Commission, stated that in the six months ending June 30, the commission received a total of 1,299 domestic and foreign investment applications, with a combined total investment value of 1.47 trillion baht, including 877 foreign direct investment (FDI) projects. The digital sector alone accounted for 1.12 trillion baht, exceeding three-quarters of the total application amount. These investment projects also show that the Middle East conflict has pushed up energy and other costs, yet has not weakened Thailand’s attractiveness to investors.