Circle plans to launch its new Arc layer-1 blockchain with “day one” institutional access through Fireblocks, the custody and tokenization platform used by over 2,400 banks, asset managers, and fintechs. Arc is positioned as an enterprise-focused chain for “stablecoin finance,” aiming to provide predictable fees, compliance-ready features, and institutional-grade tooling.

Gemini filed for a Nasdaq IPO under the ticker GEMI, revealing steep losses and a new credit arrangement. The exchange reported a net loss of about $282.5 million for the first half of 2025, a sharp widening from roughly $41.4 million in H1 2024.

Despite SOL dropping about 6% in the last 24 hours, Solana stood out with a 58% jump in daily trading volume to $5.84 billion and strong weekly performance. Capital inflows over the past week surpassed $400 million, spanning Solana-based investment products and bridged assets, even as the broader crypto market cap fell roughly 3.6%.