Ethereum Modular Execution Layer Fuel Announces Launch of Fuel Points Program | Cryptocurrency Trends

1. Mainstream Exchange Trends:

• Coinbase International Exchange and Coinbase Advanced to add support for BLAST, ZRO, AND ZK perpetual futures trading.

2. Cryptocurrency Trends:

• Cboe files 19b-4 forms with the U.S. SEC to list VanEck's and 21Shares's Solana ETFs.
• In the past 24 hours, the protocol fees of Solana-based DEX Raydium reached $2.5 million, surpassing Ethereum ($1.36 million) and Solana ($1.15 million) to rank in the second spot.
• Particle Network, a modular chain abstraction L1, announces the launch of the first co-testnet of the Chain Abstraction Alliance, marking the first step towards unifying all chains. The network is in collaboration with Berachai.
• DeBank announces that the DeBank XP snapshot was taken on July 4, 8:00 AM (UTC+8). All active addresses have the chance to receive the initial XP airdrop.
• PancakeSwap announces that it has burned 9,039,859 CAKE, valued at approximately $16 million.
• Fuel, an Ethereum modular execution layer, announces the launch of the Fuel Points program, which provides users an opportunity to earn future rewards as the Fuel mainnet launches.
• PHPC, a stablecoin officially backed by the Central Bank of the Philippines, has been launched on the Ronin Network with technical support from the Philippine cryptocurrency exchange Coins.ph.

3. Financing Trends:

• Fragments, the company that developed the Ampleforth protocol, announces that the Ampleforth Foundation's decentralized low-volatility commodity currency SPOT has raised $1 million in strategic round funding with participation from Coinbase Ventures.
• Questflow Labs, a decentralized AI agent workflow network, raises $1.5 million in angel round funding led by MiraclePlus.

4. Regulatory Trends:

• Key figures involved in the multi-billion dollar KOK token scam have been arrested in the U.S. and are currently on trial in an immigration court.