ROLLUP: Markets Spooked? | MegaETH & Monad Mania | New CFTC Chair | Base & Polymarket Tokens?

ROLLUP: Markets Spooked? | MegaETH & Monad Mania | New CFTC Chair | Base & Polymarket Tokens? | Circle Arc Backlash – Bankless

Market views

Bullish

PAYMENTS— X402 payment standard showing explosive growth from 25 historical transactions to 3 million transactions and $3 million in settled volume in just three weeks, signaling the start of an agentic payments supercycle
MEGAETH— Mega ETH ICO hit its $50 million limit in moments and is now 28x oversubscribed, with futures markets pricing it higher, validating ICOs as an ungameable token distribution mechanism
RWA— Growing organic search interest in real world assets on YouTube, with institutional demand expected to increase as people move from stablecoins to RWA exposure
BTC— Bitcoin potentially following gold's pattern from 2020, with some hope for a catch-up trade as gold topped before Bitcoin's subsequent peak
STABLES— Brian Armstrong declaring stablecoins are no longer debatable as financial infrastructure tools that will update the financial system
COIN— JPMorgan upgraded Coinbase stock price target to $404 from $355, citing Base token could be worth $34 billion
SOL— Solana ETFs launched with $56 million in volume, marking the strongest ETF launch of the year according to Eric Balchunas

Not investment advice.