Solana News on July 7th, 2025

Happy Monday - just a few pieces of news today!

1. Upexi - Plans to tokenize its SEC-registered shares on Solana via Superstate’s Opening Bell platform, enabling 24/7 trading and DeFi integration to boost liquidity.

2. Bitcoin & @Solana - Monthly charts suggest a potential cup and handle breakout for Bitcoin and Solana, which could drive significant upside if completed.

3. Solana ETF – The SEC has set a July deadline for refiling Solana ETF applications, signaling a possible approval ahead of the October 10 final decision date. Sources say the agency is under pressure to keep the process moving smoothly.

4. TAPEDRIVE – A Solana-based data storage project won the Colosseum hackathon by claiming it can reduce on-chain storage costs by 1,400x. It uses a novel proof-of-storage system with the TAPE token to incentivize decentralized data archiving.

5. June VC Funding – Venture capital investment rebounded in June, hitting $2.8 billion across crypto. While AI drew the most deals, financial services and infrastructure projects pulled in the largest dollar amounts.

6. LetsBonk – Solana's new memecoin launchpad LetsBonk surpassed Pump.fun in 24-hour revenue with $1.04M, gaining traction through BONK community support and a partnership with Raydium’s LaunchLab.

7. GUNZ – Blockchain gaming company GUNZ is expanding its GUN token to Solana, boosting accessibility and speed for players of its AAA game Off The Grid. The move is part of a multi-chain strategy supported by LayerZero interoperability.