Updated: July 14, 2026, 09:30 (UTC+8) | Author: MEXCHeadlinesCrypto spot trading volume falls to its lowest level in nearly three years.54 UK institutions join forces to advance tokenization of financUpdated: July 14, 2026, 09:30 (UTC+8) | Author: MEXCHeadlinesCrypto spot trading volume falls to its lowest level in nearly three years.54 UK institutions join forces to advance tokenization of financ

MEXC On-chain Daily Report: Japan's Progmat migrates nearly $3 billion in assets to Avalanche.

Key Takeaways
Crypto spot trading volume fell to a three-year low as tokenization continued gaining momentum. Robinhood Chain surpassed $3.1B in first-week DEX volume, while UK institutions and Japan's Progmat accelerated blockchain-based financial infrastructure adoption.
Updated: July 14, 2026, 09:30 (UTC+8) | Author: MEXC

Headlines

  • Crypto spot trading volume falls to its lowest level in nearly three years.
  • 54 UK institutions join forces to advance tokenization of financial markets.
  • Robinhood Chain records $3.1 billion in DEX trading volume during its first week.
  • Circle's Arc blockchain is reportedly launched in stealth mode.
  • Japan's Progmat migrates nearly $3 billion in assets to Avalanche.

Industry Updates

Gondor v1 to Enable Leveraged Borrowing Against Entire Polymarket Portfolios

According to Odaily, DeFi startup Gondor has announced Gondor v1, which is expected to launch publicly in September. The platform will allow users to use their entire Polymarket portfolio as collateral, enabling cross-margin management and additional borrowing power to purchase more prediction market positions. Compared with the earlier beta version that supported loans against individual positions only, v1 expands collateral eligibility to full portfolios, aiming to unlock idle capital and improve capital efficiency.

New Hampshire Enacts Blockchain Basic Laws to Protect Innovation and Crypto Users

According to Decrypt, New Hampshire Governor Kelly Ayotte has signed HB 639 into law, officially enacting the Blockchain Basic Laws. The legislation provides legal protection for blockchain innovation and cryptocurrency users while allowing the state's Superior Court to establish a dedicated docket for blockchain-related disputes. The state previously passed a Strategic Bitcoin Reserve Act, authorizing up to 5% of public funds to be invested in Bitcoin, gold, and silver.

Jupiter Launches On-Chain Physical Trading Card Marketplace Jupiter Gacha

According to Jupiter, Solana ecosystem aggregator Jupiter has launched Jupiter Gacha, an on-chain marketplace for physical collectible trading cards, currently available in beta. Every card obtained is an authenticated and professionally graded physical collectible that can be verified and traded on-chain. Jupiter aims to bridge traditional collectibles with blockchain technology by providing liquidity and verifiable ownership for real-world assets.

Google Expands AI Chip Strategy to Reduce Industry Dependence on NVIDIA

According to The Information, Google is expanding the commercialization of its in-house Tensor Processing Units to compete with NVIDIA in the AI computing market. The company plans to supply its custom AI chips to emerging cloud providers specializing in AI infrastructure, transforming its proprietary hardware into a broader commercial platform. Analysts believe this strategy is intended to reduce industry dependence on NVIDIA GPUs while strengthening Google's position in AI infrastructure.

Stablecoin Cross-Border Payments Become Cheaper Than Interbank FX Rates

According to The Block, Borderless' Q2 2026 Stablecoin Payments Benchmark Report shows that stablecoin cross-border payments have remained cheaper than interbank foreign exchange rates for three consecutive months. The median spread reached negative 3.2 basis points in Q2 and improved further to negative 5.9 basis points in June. Sending $10,000 through major payment routes costs approximately $27, while relying on a single provider could increase costs by around $2,330 for every $1 million transferred.

Bolivia Considers Integrating USDT into Its National Payment System

According to Odaily, Bolivia is evaluating the integration of USDT into its national payment system to address the country's ongoing U.S. dollar shortage. Declining foreign exchange reserves have constrained imports, cross-border payments, and access to foreign currency. Authorities are assessing stablecoins as a settlement tool to improve payment efficiency. If implemented, Bolivia would become another country exploring the integration of stablecoins into its financial system.

Analysts Identify Three Key Drivers Behind Bitcoin's Bear Market

According to Fortune, industry analysts attribute Bitcoin's current weakness to expectations surrounding the four-year market cycle, persistent macroeconomic inflation pressures, and widespread deleveraging in derivatives markets. Reduced expectations for U.S. rate cuts have redirected capital toward higher-yield traditional assets, while declining open interest reflects ongoing leverage reduction. Some analysts expect Bitcoin to bottom near $58,000, while 21Shares Chief Investment Strategist Adrian Fritz believes it could rebound to $100,000 by year-end.

DTCC to Demonstrate Blockchain-Based Stock Trading Workflow

According to The Information, the Depository Trust & Clearing Corporation plans to demonstrate a blockchain-based real-time equity trading process this week, aiming to streamline clearing, settlement, and record-keeping while improving capital market efficiency. The demonstration is intended as a proof of concept rather than an immediate production rollout. Market participants view the initiative as another step toward practical blockchain adoption on Wall Street, although regulatory, compliance, and system integration challenges remain.

MEXC Market Heatmap

Data source: Real-time MEXC market data before 09:30 (UTC+8). Figures are subject to change with market conditions.
Top 24H Gainers
Top 24H Trading Volume
  • BTC/USDT (562.480M)
  • ETH/USDT (211.590M)
  • USDC/USDT (71.996M)
Trending Meme Tokens

On-Chain Calendar

High-Risk Token Unlocks
  • peaq/USDT — Jul 14, 16:00 | $1.64M unlocked (3.79% of circulating supply) | High selling pressure
  • Starknet/USDT — Jul 15, 04:00 | $6.90M unlocked (3.45%) | High selling pressure
  • Vana/USDT — Jul 17, 06:00 | $1.43M unlocked (4.01%) | High selling pressure
  • deBridge/USDT — Jul 18, 03:00 | $9.95M unlocked (11.59%) | Very high selling pressure
  • Kaito/USDT — Jul 20, 09:00 | $11.92M unlocked (7.33%) | Very high selling pressure
  • LayerZero/USDT — Jul 20, 21:00 | $21.17M unlocked (6.57%) | Very high selling pressure
  • TON/USDT — Jul 23, 21:00 | $59.27M unlocked (1.35%) | High selling pressure
Key Macro Events
  • Jul 14, 00:30 — Fed Governor Waller Speech (U.S. monetary policy outlook)
  • Jul 14, 00:45 — ECB Executive Board Member Schnabel Speech (Eurozone policy outlook)
  • Jul 14, 02:00 — BoE Chief Economist Pill Speech (UK monetary policy outlook)
  • Jul 14, 15:00 — China M2 Money Supply YoY (Domestic liquidity indicator)
  • Jul 14, 16:00 — BoE Governor Bailey Speech (Global risk sentiment)
  • Jul 14, 20:30 — U.S. Core CPI MoM & YoY (Inflation and Fed rate expectations)
  • Jul 14, 22:00 — Fed Governor Warsh Testimony (Impact on USD and crypto markets)

Security Alert

Regulators worldwide continue to warn about phishing attacks targeting cryptocurrency users. Fraudsters are creating fake banking, exchange, and crypto platform login pages while distributing phishing links via SMS, email, and messaging apps to steal account credentials, verification codes, and digital assets. Users should never trust unsolicited login links or disclose sensitive information such as passwords or authentication codes. Always access trading platforms through official apps or by manually entering the official website address, enable two-factor authentication, and immediately change passwords and contact official support if suspicious activity is detected.
 
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