Happy Wednesday!

Bitcoin is not one of Bitwise’s “cleanest plays” for crypto: ETH, XRP, SOL and one other surprise crypto are.

Stablecoins have been one of the strongest narratives this year, and the fundamentals back it up: over $800 billion in transaction volume per month and closing in on Visa.

Plus, the market is on edge. Global tensions, inflation, and policy risks are driving rapid shifts across sectors. Join veteran trader Matt Maley this Wednesday, July 9 at 6 PM ET to see how he’s navigating these forces—what he’s trading, which sectors he’s targeting, and the signals he’s using to guide his moves.

Register now and trade smarter through the volatility.

TOP STORY

XRP, Ethereum, Solana And One Surprise Crypto (Not Bitcoin) Are Bitwise's 'Cleanest Plays'

A new note from crypto asset manager Bitwise points to Ethereum, Solana, XRP and Chainlink as the “cleanest plays” in the emerging race to tokenize trillions of dollars in real-world assets.

In a sharp departure from speculative crypto narratives, the firm suggests tokenization could represent crypto’s most credible and scalable real-world application to date.

"Tokenization—the idea of moving stocks, bonds, and other real-world assets onto blockchains—is starting to break through," wrote Bitwise CIO Matt Hougan and Head of Research Ryan Rasmussen.

Why exactly is tokenization so bullish for crypto?

Read the full scoop here.

SPECIAL OFFER

Live Wednesday: How Matt Maley Is Trading the Market’s Macro Pressure Zone

The market is on edge. Global tensions, inflation, and policy risks are driving rapid shifts across sectors. Join veteran trader Matt Maley this Wednesday, July 9 at 6 PM ET to see how he’s navigating these forces—what he’s trading, which sectors he’s targeting, and the signals he’s using to guide his moves.

Register now and trade smarter through the volatility.

QUICK N DIRTY

Bitcoin, Ethereum, XRP and Dogecoin are slowly grinding higher, with the market eagerly awaiting positive news from the tariff front for a potential breakout.

XRP is starting to make moves and eyes the $2.40 zone for a breakout as its RLUSD stablecoin has racked up over $500 million in market capitalization.

Dogecoin is finally moving as well and is up 8% over the past week: how high can DOGE go?

FINTECH FOCUS

Buckle Up, Visa: Stablecoins Process $800 Billion In Transactions Per Month, Report Finds

Stablecoins are now facilitating nearly $800 billion in digital transactions each month, positioning themselves as credible challengers to traditional payment networks like Visa, according to Grayscale's June 2025 market report.

The surge in usage is occurring alongside a wave of favorable regulatory developments and growing corporate interest in stablecoin infrastructure, prompting what some have dubbed "Stablecoin Summer."

For comparison, Visa processed approximately $1.1 trillion in monthly payment volume during 2024.

When are stablecoins going to overtake Visa?

Read the full scoop here.

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