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Crypto

Spark and Uniswap launch FX Layer institutional stablecoin swap infrastructure

Spark and Uniswap will jointly build FX Layer, a stablecoin swap system designed to help institutions move between dollar-pegged tokens with minimal slippage. FX Layer is positioned as shared liquidity and trading infrastructure based on Uniswap v4. It aims to let stablecoin issuers such as banks, fintechs and payments firms connect to a common system rather than build separate liquidity pools, market makers and inventory management systems.

Crypto

Ripple targets XRPL quantum readiness, lending and AMM overhaul with 2028 goal

XRP Ledger (XRPL) is preparing its next phase around quantum readiness, on-chain lending, stronger security and an automated market maker (AMM) overhaul. XRPL validator and XRP Ledger Foundation community director Vet described the changes as “XRP floor building.” Ripple set a 2028 target for its quantum readiness roadmap. XRPL 3.1.0 includes a lending protocol now under vote, while security work includes an AI-supported red team and software updates reflecting reported issues.

Crypto

Solana Pump.fun activity slumps, token price down 40 percent in six months

Activity on Pump.fun, a token launchpad that once led the Solana meme coin market, continues to shrink. The Block reported that Pump.fun’s token graduation rate, revenue and total fees on the Solana network have all fallen sharply. The platform’s seven-day average graduation rate slid to 0.26 percent last week. Average daily revenue in June has been $800,000, down from $4.8 million six months ago. The PUMP token has fallen 40 percent over the past six months.