Author: Yeek.io

June 18, 2025The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRMainnet:Synthetix is going all-in on Ethereum!End of June: Early deposit vaults for sUSD and sUSDe.Early participants will earn Synthetix points and get access to invite-only trading competitions.Arbitrum:Fully deprecated.All trading disabled, vaults liquidated.Claim collateral and repay debt within 6 months.Start the process in Discord by opening a support ticket.Base:June 30: Perps in close-only mode; Leverage Tokens redeem-only.July 7: Full deprecation; Perps, Leverage Tokens, and LP vaults shut down.Close positions and withdraw funds manually before July 7 to avoid…

Solana is sitting on a critical support level following a period of muted volatility and sideways consolidation. With multiple technical confluences now in play, the market appears primed for a decisive breakout,or breakdown. The current structure suggests that price is coiling, and the next move could mark a major directional shift. Solana (SOL) has shown signs of hesitation, yet the support zone continues to hold firm. This combination often precedes a volatility expansion, and Solana is approaching that inflection point. Traders should be watching closely, as the resolution of this range will offer clarity on the next trend direction. Key…

Spark token continued its freefall on Wednesday, June 18, a day after launching its highly anticipated airdrop. Spark (SPK) plunged to a low of $0.0470, down 30% from its highest point a day earlier. The decline came as its 24-hour trading volume surged 80% to over $378 million, significantly higher than its market capitalization of $83 million. Its fully diluted valuation also rose. The token crashed even as Spark’s ecosystem continued to show strength. According to DeFi Llama, the total value locked in its network jumped to a record high of over $6.66 billion, up from $6.48 billion in April.…

Ethereum has now traded in a tight range for over a month, with neither bulls nor bears taking full control. As price compresses and volatility stalls, the setup becomes increasingly primed for a strong directional move, but which way will it break? For the past 39 days, Ethereum (ETH) has been locked between two critical high time frame levels, with price action failing to produce a definitive trend. This prolonged consolidation signals one of two potential outcomes: an accumulation phase before continuation higher, or a distribution phase that leads to a breakdown and deeper correction. Key technical points: Range Duration:…

A new whale purchased 531.63 billion PEPE worth $5.5 million despite overall whale activity falling sharply. PEPE must reclaim $0.0000107 to reverse the trend; failure may send it down to $0.00000855. Over the past day, Pepe [PEPE] dropped below $0.00001 for the first time in over a month, hitting a low of $0.00000963. Naturally, the dip lured in opportunistic buyers—especially whales—who seem to be scooping the memecoin at markdowns. $5.5M worth of conviction? According to Onchain Lens, a new whale has entered the market following the recent market slump and acquired 531.63 billion PEPE, worth $5.55 million. The entire transaction…

AgriFORCE Growing Systems Ltd., a Canadian agricultural company, has launched a Bitcoin mining operation in Alberta, powered by stranded natural gas. In its June 17 announcement, AgriFORCE said the site was launched in partnership with energy provider BlueFlare Energy. The site, located in Berwyn, Alberta, is the company’s first operational deployment under its Power & Compute Initiative. It uses 425 kilowatts (kW) of power to support 120 Bitmain S21 ASIC miners, delivering over 32 petahashes per second (PH/s) of computing power. The deployment includes a custom-engineered mining pod with high-efficiency airflow, thermal controls, and BlueFlare’s proprietary telemetry system for performance…

A wallet allegedly linked to James Wynn has offloaded over 10 million Moonpig tokens — a strategic de-risking or a desperate move to recover from recent liquidations? According to blockchain analyst @DataC5821, the wallet in question dumped approximately 10.9 million Moonpig (MOONPIG) tokens worth $120.2K. On-chain data shows a rapid sequence of sell transactions clustered around the $14 million to $10 million market cap range, culminating in a crash to approximately $9.5 million at the time of reporting. Since then, the market cap has rebounded slightly, currently standing at $9.9 million. One user suggested the sell-off may have been part of…

Tokenization is the next evolution of financial and digital infrastructure. As BlackRock CEO Larry Fink noted in his Annual Chairman’s Letter to Investors, “every stock, every bond, every fund—every asset—can be tokenized.”  Tokenization is now a tangible force reshaping how assets are issued, traded, and settled. Across the U.S., leading banks, technology firms, and industry innovators are pioneering some of the most successful tokenization projects in the world. From banking and capital markets to insurance and trade finance, these organizations are developing real-world tokenization solutions that are already unlocking significant value. This list spotlights seven examples of how U.S. organizations…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows Ethereum whales have recently ramped up their accumulation, a sign that could be bullish for the asset’s price. Ethereum Whales Have Been Buying Big According to data from the on-chain analytics firm Glassnode, the Ethereum whales have been participating in a very significant amount of accumulation during the past week. ‘Whales‘ refer to the the ETH investors holding between 1,000 and 10,000 tokens of the cryptocurrency. At the current exchange this range converts to about $2.5 million at the lower end and $25 million…

Ondo Finance has unveiled the Global Markets Alliance, a push to open up U.S. financial markets to global investors. The effort brings together leading names in crypto infrastructure, including Solana Foundation, Bitget Wallet, Jupiter, Trust Wallet, Rainbow Wallet, BitGo, Fireblocks, 1inch, and Alpaca. The group’s goal is to define common standards for tokenized securities and create the technical rails needed to move traditional financial products like stocks, ETFs, and mutual funds onto the blockchain.1/ Today we’re announcing the Global Markets Alliance, a historic alliance of leading wallets, exchanges, and custodians to bring capital markets onchain and set standards for the interoperability…