Happy Tuesday!

Tom Lee is becoming ever more bullish on Ethereum, but his bold idea is now facing some headwinds: here’s who’s opposing his thesis (and backing SOL instead).

Robinhood shocked the crypto world with its tokenized SpaceX and OpenAI shares last week. But there’s a much bigger story developing behind the scenes…

Plus, join us on Thursday, 7/17, for an insightful webinar with Nishank Modi, Senior Director of Cboe Labs, as we dive into the current state of the cryptocurrency market — exploring key trends, regulatory developments and what’s shaping the digital asset space today.

Don’t miss this opportunity to stay informed and explore the future of crypto with Cboe. Register now.

TOP STORY

Tom Lee Loves Ethereum, But Is Solana Quietly Taking Over? This Expert Says SOL Will 'Outperform' ETH — Here's More

As the CIO of Fundstrat Capital, Tom Lee has doubled down on Ethereum; however, Fred Krueger challenges this Ethereum-centric narrative, noting Solana's “rising dominance.”

Lee explains that Wall Street is enthusiastic about stablecoins and they primarily run on Ethereum — contributing 30% of its gas fees — and predicts an “exponential increase” from $200 million to $2 trillion in five years.

However, Krueger highlights Solana’s transaction volume and user activity, saying that it “significantly outpaces Ethereum in daily active addresses, by 5–10× on some measures.”

Who will end up being right on this one?

Read the full scoop here.

SPECIAL OFFER

Navigating The Evolving Cryptocurrency Landscape & Cboe’s Digital Asset Offerings

Join us on Thursday, 7/17, for an insightful webinar with Nishank Modi, Senior Director of Cboe Labs, as we dive into the current state of the cryptocurrency market — exploring key trends, regulatory developments and what’s shaping the digital asset space today.

Don’t miss this opportunity to stay informed and explore the future of crypto with Cboe. Register now.

This is a paid ad. Please see 17b disclosure here for more information.

QUICK N DIRTY

Bitcoin, Ethereum, XRP and Dogecoin are moving sideways some more as the markets continue to wait for the tariff saga to resolve.

Trump Media Group has filed for yet another crypto-related ETF. But this one comes with a twist — here’s what that means.

Bitcoin miner Bit Digital has liquidated its BTC stack…and bought ETH instead! Why did they choose to switch sides?

FINTECH FOCUS

Robinhood's OpenAI, Space X Tokens Aren't Just A Gimmick—Here's What's Still To Come

Robinhood is currently in talks with European Union regulators over its new tokenized equities offering, CEO Vlad Tenev confirmed. He said the firm “welcomes” regulatory scrutiny as part of launching what it sees as a major leap forward in democratizing financial access.

The stock trading app launched tokenized versions of over 200 publicly listed equities across Europe last week, giving users 24/5 access to U.S. stock exposure.

It also introduced non-tradable private stock tokens for OpenAI and SpaceX as part of a promotional giveaway.

What’s next

Read the full scoop here.

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