Today’s Insider ⬇️
🏦U.S. crypto adoption deepens: Texas has joined a growing list of crypto-friendly U.S. states after launching a state-funded Bitcoin reserve.
💣Crypto market takes another hit: Altcoin prices are drowning in liquidation amid U.S. solidarity hit on Iran's nuclear bases
📈Solana sees major growth: Solana becomes a Top-Grossing Blockchain after registering over $1B in Q2 revenue
Market Update
Market | Value | Day PnL | YTD |
Bitcoin | $101,359 | -3% | +57% |
Ethereum | $2,200 | -9.73% | -36% |
Solana | $130 | -9.42% | +4.15% |
XRP | $199 | -7.80% | +309% |
S&P 500 | $5,967 | -0.22% | +1.47% |
Gold | $3,368 | -0.07% | +28% |
1. Texas’ Newly Launched State-Funded Bitcoin Reserve Ranks It Among Crypto-Friendly U.S. States.
Texas leads state-level crypto adoption: Texas becomes the first U.S. state to establish a state-funded Bitcoin reserve with the passage of Senate Bill 21.
🔎 Insider Insight: Texas’ Bitcoin reserve signals growing institutional acceptance of BTC as a strategic asset, distinguishing itself from other states that abandoned similar efforts. While concerns over volatility persist, the move positions Texas as a leader in state-level crypto adoption, potentially inspiring broader on-chain finance initiatives.
Top Crypto Insider Pick of 2025
BlockchainFX (BFX) Is Building the Super App for Multi-Market Trading
In a time when the crypto market and traditional finance market are beginning to synergize seamlessly, BlockchainFX (BFX) is positioning itself as the one-stop platform for all kinds of traders. By featuring a super trading app, BlockchainFX allows users to trade diverse digital assets, including cryptocurrencies, forex, stocks, indices, and commodities, all in one place.
What’s unique about the project? The presale project boasts several unique attributes, including its reward-laden ecosystem and exclusive presale benefits such as a custom BFX Visa Card and up to $25,000 in trading credit.
🔎 Insider Insight: BlockchainFX stands out as a top crypto project, offering seamless asset swaps between crypto and traditional assets, instant cash conversion, and on-the-go spending with its custom BFX Visa Card. With a low entry price of $0.0145, positive expert reviews, and exclusive perks like daily USDT rewards, BlockchainFX has established itself among the top crypto picks for high returns.
2. Crypto Market Takes Another Hit Amid U.S. Involvement in the Ongoing Iran-Israel Conflict
Bearish sentiment rocks Crypto market: Altcoins fell 5–10%, and over $670 million in crypto positions were liquidated following U.S. airstrikes on Iran nuclear sites.
🔎 Insider Insight: The US involvement in the ongoing Iran-Israel conflict has sparked bearish sentiment in the broader crypto market, with altcoins taking the hardest hit so far. While Bitcoin holds above $102K, further escalation could push it below the key $100K psychological level, amplifying market volatility.
Who is widely credited as the creator of Bitcoin?
3. Solana Becomes a Top-Grossing Blockchain After Q2 Revenue
Solana hits major revenue milestone: Solana surpassed $1 billion in application revenue for two consecutive quarters, fueled by meme coin trading and viral political tokens.
🔎 Insider Insight: Solana's growth highlights its increasing dominance in on-chain activity, with record app revenues and unmatched transaction throughput. Strong developer engagement, technical upgrades, and unique use cases position it as a leading blockchain, outpacing competitors like Ethereum in scalability and ecosystem sustainability.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
