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Quick Take The Cardano Foundation launched Veridian, a digital identity platform that uses open-source tools to verify identities and authenticate online communication. Launching alongside this new product is the Veridian Wallet, which lets users to manage their credentials, private keys and identifiers.

Quick Take U.S. Securities and Exchange Commission acknowledged Fidelity’s application for a spot Solana ETF, an incremental step that edges the product closer to approval. Solana, the seventh-largest cryptocurrency by market cap, fell 15% amid a broad market decline amid fallout from President Donald Trump’s tariffs.

PayPal has added support for Solana (SOL) and Chainlink (LINK) in the US, allowing users to buy, sell, and hold these assets directly.

- 01:53Social Communication Protocol Towns Protocol Announces Launch of Airdrop Eligibility Checker ToolAccording to an official announcement reported by Jinse Finance, the social communication protocol Towns Protocol has launched an airdrop eligibility checker tool. Opting to stake can increase the token allocation by 50%, and all funds are subject to a 30-day withdrawal period restriction.
- 01:53JD Coin Chain: Preparing for Stablecoin License ApplicationAccording to Jinse Finance, JD CoinChain has responded to false reports and rumors in the market, stating that it is currently preparing to apply for a stablecoin license. Official information will be released on the CoinChain Technology website.
- 01:42A major whale accumulated 63,838 ETH worth approximately $232 million via FalconX and Galaxy Digital in the past dayAccording to Jinse Finance, on-chain analyst Yujin has monitored that a whale or institution accumulated 63,838 ETH ($232 million) through a certain exchange in the past day. They created three addresses using BitGo's "Wallet Factory," and these three addresses collectively received 63,838 ETH ($232 million) from the exchange at an average price of $3,640.