What’s up, DDians! Markets have dipped, but that hasn’t dampened our hopes and optimism for a euphoric and explosive rally that is expected to emerge in the near term. This is just a pullback before the launch, a brief calm before the super bullish storm. Let’s see what’s brewing in cryptoland.
Here’s what we have for you in this issue –
- Chinese stocks are going up, up, and up
- Seoul banks cozying up to stablecoins?
- Solana is setting the pace with 100K+ TPS
It’s A 10-Year High For Chinese Stocks📈
Rapidly climbing the charts, Chinese stocks are turning heads.
The reason is risk-on sentiment fueled by easing US-China tariff tensions.
Retail investors poured record cash into stocks, and the Shanghai Composite ended up closing at 4,285 points, its highest finish since August 19, 2015. The move marks a 26% rebound from April’s tariff-driven slump.
That’s a giant pile of cash traders made in just 4 months!
This is the textbook definition of buy the fear and milk the euphoria.
The Breakdown:
- Shanghai Composite up 1.05% Thursday, sealing a 26% rebound since April.
- Tariff truce, rotation out of bonds, AI-related optimism, state policy nudges.
- Small investors are moving cash from savings and low-yielding fixed-income products into equities.
- Yields rising as Beijing restarts taxes on bond interest; long-dated bond futures tumble.
- Policy shifts are channeling capital into domestic shares, reflecting Beijing’s subtle hand in steering market flows.
Looks like the narrative that Chinese stocks “don’t return well” is fading.
For global investors, it’s a signal that China’s equity story isn’t dead—it had just been awaiting its moment.
And you wonder, where are the retail traders?
Well, they may not have been actively driving Bitcoin to its recent all-time high, but they sure are joining forces to push domestic stock indices to multi-year highs.
Stake in Stablecoins? Seoul Banks Say Aye🫶
South Korean banking giants are eyeing a share in the trillion-dollar stablecoin pie.
KB Kookmin, Shinhan, Hana, and Woori are reportedly arranging meetings with Circle CEO Heath Tarbert this month.
If the talks are successful, it could mark the first time Asia’s Tradfi titans formally align with a U.S. stablecoin giant like Circle, signaling a shift from retail-driven crypto hype to institutional adoption.
This move comes after the push to regulate stablecoins by the country’s lawmakers.
Source: @WhaleInsider
Now, banks want a first-mover advantage before the rules lock in and ideas become law.
Circle stands to benefit greatly. How? Entry into Asia’s fourth-largest economy with the potential for emerging as a key enabler of remittances and cross-border flows.
And, with each bank already building its native crypto task force, domestic momentum will drive seamless adoption.
Additionally, if Circle links with these banks, the outcome could be twofold:
- Dollar dominance is reinforced via USDC distribution inside Korea’s banking system.
- Won-stablecoin experiments get institutionalised and thereby gain legitimacy, with banks as issuers rather than just observers.
Can you hear the sounds of the upcoming East Asian stablecoin wars? We can hear them loud and clear!
Solana “Officially’ Clocks 100,000 TPS💪
Okay, this is a first.
Although the transactions weren’t trades or payments, but “noop” calls, Solana did briefly blast past 107,000 transactions per second in a late-night stress test.
This is the first time a major blockchain has cleared the 100K barrier live on mainnet.
Source: @0xc06
Market and Tech Breakdown
- The Numbers: 43,016 successful transactions, 50 failures, for a peak of 107,540 TPS.
- Reality Check: Most were no-operation calls, not DeFi, NFT, or payments.
- Context: Real-world TPS ~3,700, inflated by validator voting.
- Innovation: Stress test aligns with Firedancer’s testnet benchmarks, topping 1.2M TPS, but that client has yet to go live.
- Next Up: Alpenglow consensus vote is underway, with promises of faster finalization and a 100–150 millisecond latency cut.
Solana’s “high-performance chain” claims are gradually gaining ground. The blockchain is closer than ever to proving itself as the go-to chain for high-frequency, efficiency-demanding use cases like payments, oracles, and high-speed DeFi.
But how these speak lab results will translate into sustainable real-world gains remains to be seen.
Nonetheless, with Firedancer looming and consensus upgrades on deck, Solana is quietly assembling a scalability stack that could leave rivals gasping for air. Have you noticed your SOL bags getting fatter?😉
And that’s all from us for now. We hope our insights raised your spirits (and the chances of you making more on your crypto bags). Don’t let the dips drag you down into the dumps, for the best is yet to come. See you at the next one!
Ciao👋
