Trump Family’s WLFI Token Debuts at $30 Billion FDV

World Liberty Financial, the Trump-backed DeFi project, just launched its WLFI token on Binance, Coinbase, Gate, and other major exchanges. Trading opened at $0.30 per token, giving WLFI a fully diluted valuation above $30 billion within hours, later dropping to about $0.25.

Roughly 24.7% of the 100 billion token supply entered circulation, including 10 billion allocated to World Liberty Financial Inc. Blockchain trackers flagged selling pressure, with three presale wallets offloading 160 million WLFI worth $51 million on Binance immediately after claiming.

Early investors who bought WLFI at $0.015 or $0.05 realized paper gains exceeding 1,700%, though $12 million liquidations hit leveraged traders. Derivatives activity spiked nearly 400% over the weekend, while WLFI briefly ranked among the 30 largest cryptocurrencies by market capitalization.

The project, co-founded by Donald Trump Jr. and Eric Trump, brands WLFI as a governance asset for decentralized lending and borrowing. Alongside the token, World Liberty also operates USD1, a $2.6 billion stablecoin recently expanded to Solana, BNB Chain, and Tron.

Strategy Qualifies for Potential S&P 500 Inclusion

Strategy, formerly MicroStrategy, announced record second-quarter results, qualifying for potential S&P 500 index inclusion. The firm reported $14 billion in operating income and $10 billion in net income, largely tied to Bitcoin gains. Management projected full-year $34 billion operating income, $24 billion net income, and $80 EPS, assuming year-end Bitcoin prices.

As of June 30, Strategy held nearly 600,000 Bitcoin, its strongest balance sheet since pivoting focus. The company meets all inclusion requirements: profitability, float, trading volume, and capitalization. The S&P committee will decide in September, potentially making Strategy the first BTC-treasury firm admitted, cementing Michael Saylor’s vision of integrating Bitcoin into mainstream corporate finance.

Bitcoin Whale Rotates $4B Into Ether Holdings

A Bitcoin whale controlling $11 billion rotated substantial holdings into Ether, surpassing SharpLink’s $3.5 billion corporate Ethereum treasury. On Monday, blockchain analysts reported the wallet now holds over 886,000 Ether worth $4 billion. The whale’s activity included large sales of Bitcoin and additional leveraged positions, signaling a strategic asset rotation trend.

Other investors mirrored the whale’s actions, with nine addresses buying $456 million of Ether last week. Ethereum spot ETFs have also absorbed $1.8 billion inflows in five trading days, underscoring rising demand. Analysts said institutions are diversifying into Ether, supporting altcoins as structural adoption trends continue alongside macroeconomic market drivers.

Sonic Labs Approves $150M US Market Expansion

Sonic Labs passed a governance proposal authorizing $150 million in tokens for expansion into US capital markets. The plan earmarks $100 million for a Nasdaq PIPE reserve and $50 million for ETF liquidity. Backers approved with 99.98% support, highlighting broad enthusiasm for advancing Sonic’s presence in traditional finance channels.

The strategy includes forming Sonic USA LLC, hiring executives, and prioritizing compliance with US regulatory frameworks. Token reserves will fund buybacks and long-term operations, with assets locked for three years. Leadership said the initiative addresses institutional demand, aiming to raise adoption while reinforcing Sonic’s credibility among mainstream market participants.

Data of the Day

On Monday, blockchain investigator ZachXBT leaked an unpublished price sheet detailing promotional rates of over 200 influencers. The document included usernames, wallet addresses, and per-post pricing, with some top-tier figures charging $60,000. Analysts noted most posts were undisclosed advertisements, raising transparency concerns across crypto marketing practices.

The ZachXBT list ranked influencers by tier, showing major names like Atity, Eddy, and Sibeleth demanding significant fees. Many smaller personalities charged under $2,000, often offering bundled tweet packages for efficiency. Wallet data confirmed direct crypto payments, exposing wide-scale promotional activity in an industry already criticized for limited advertising accountability.

More Breaking News

• South Korea’s FSC nominee Lee Eok-won dismissed crypto as valueless, while cautiously supporting stablecoin innovation and tighter regulatory safeguards.
• Bitcoin token protocol BRC20 integrated Ethereum Virtual Machine, enabling smart contracts and programmability secured directly by Bitcoin’s decentralized network.
• Metaplanet purchased 1,009 Bitcoin worth 112 million dollars, raising holdings to 20,000 BTC and ranking sixth among public corporate treasuries.
• Binance launched Mexico-based Medá with 53 million dollars investment, aiming to expand peso services and fintech innovation across Latin America.
• Prediction market protocol Myriad surpassed 10 million dollars in USDC trading volume with 500,000 users, framing information as a DeFi asset.
• Solana’s Alpenglow upgrade to 150 millisecond finality has 99% support, potentially making it one of the fastest production blockchains.
• Binance appointed compliance veteran SB Seker as Asia-Pacific head amid AUSTRAC audit pressure, signaling intent to strengthen anti-money laundering controls.

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