The primary week of July introduced notable developments in crypto infrastructure, governance, and buying and selling.
In keeping with Wu Blockchain, main ecosystems resembling Ethereum, Polygon, and Hyperliquid unveiled new initiatives, whereas DAO governance and real-world asset funding methods took heart stage. Under is a full breakdown of this week’s most necessary developments.
Ethereum Group Basis launches to help non-tokenized infrastructure
Ethereum core developer Zak Cole introduced the formation of the Ethereum Group Basis (ECF), which goals to fund “token-less” public items and real-world asset initiatives. The inspiration will prioritize initiatives like on-chain tokenization of shares and actual property, together with core infrastructure fixes—resembling correcting blob house pricing inefficiencies—to strengthen ETH’s long-term worth.
WLFI token could quickly commerce as World Liberty Monetary votes on proposal
The World Liberty Monetary neighborhood, a undertaking related to the Trump household, has submitted a proposal to make its $WLFI token publicly tradable. If handed, tokens held by early supporters could be unlocked, although core workforce and advisor allocations would stay locked. The neighborhood can also be voting on future token distribution and incentive fashions.
Polygon and GSR introduce Katana, a curated DeFi Layer-2 on Ethereum
Polygon Labs and crypto buying and selling agency GSR collectively launched Katana, an Ethereum Layer-2 blockchain targeted on sustainable DeFi yields. Katana makes use of a centralized software choice course of and the VaultBridge protocol to redirect consumer belongings into Morpho lending swimming pools, aiming to scale back inflationary dangers whereas providing low-risk, regular returns.
SonicCS 2.0 doubles consensus velocity, slashes reminiscence utilization by 68%
Sonic Analysis launched SonicCS 2.0, a serious consensus improve utilizing a DAG framework and SIMD parallelization. Over 200 mainnet epochs, the improve demonstrated 2x quicker speeds and 68% decrease reminiscence necessities. The workforce plans to combine it into consumer software program and publish detailed technical documentation.
Hyperliquid surpasses $1.5 trillion in buying and selling quantity
Decentralized trade Hyperliquid reached a big milestone with $1.571 trillion in perpetual futures quantity over the previous yr. The protocol generated $56 million in charges in June alone, pushing its whole cumulative income to $310 million—outpacing the mixed quantity of all different on-chain perpetual buying and selling platforms.
Ondo and Pantera unveil $250 million fund for RWA tokenization
Ondo Finance and Pantera Capital introduced a joint $250 million fund referred to as Catalyst to help real-world asset (RWA) tokenization. The fund will put money into each fairness and tokens, prioritizing initiatives that allow automated on-chain rebalancing and broaden institutional-grade blockchain infrastructure for tokenized monetary belongings.
Jupiter’s Core Working Group dissolves, returns 4.5M $JUP to treasury
Jupiter DAO’s Core Working Group (CWG) formally disbanded after fulfilling its preliminary mandate. The workforce returned 4.5 million vested $JUP tokens to the DAO treasury. Some members, together with Morten, will be a part of the important Jupiter workforce, whereas others will contribute individually to DAO 2.0 restructuring efforts.
PancakeSwap v3 liquidity swimming pools now reside on Solana
PancakeSwap has formally deployed its v3 liquidity swimming pools on the Solana mainnet, supporting belongings resembling BONK, PYUSD, and EURC. With payment shares as excessive as 84% for LPs and transaction charges as little as 0.01%, the DEX posted record-breaking $325 billion in June quantity and $529 billion for Q2 2025, lifting its lifetime quantity above $1.8 trillion.
Lido passes dual-governance proposal empowering stETH holders
Lido DAO permitted a dual-governance mechanism giving stETH holders veto energy over selections made by LDO holders. The system consists of time-locked delays and a vital “offended exit” clause that halts proposals if 10% of whole worth is locked. Launched on July 4, the mechanism has been endorsed by Ethereum co-founder Vitalik Buterin.
Sky’s execution vote allows SPK mining and improve rollout
Sky introduced the approval of a brand new execution vote enabling SPK mining for SKY stakers and USDS suppliers, whereas additionally pushing ahead the MKR-to-SKY improve. The adjustments might be deployed beginning June 30, with a full rollout and formal announcement anticipated quickly.
Conclusion
From Ethereum’s non-token funding push to Hyperliquid’s dominance in buying and selling and new governance fashions at Lido and Sky, this week mirrored the crypto trade’s continued evolution. As highlighted by Wu Blockchain, these initiatives level to rising institutional curiosity, DeFi maturity, and deeper integration of real-world belongings into on-chain methods. The second half of 2025 is already shaping as much as be pivotal for the subsequent part of adoption and innovation.