Avalanche's push into real-world assets (RWA) is gaining momentum. Bridgetower has tokenized more than $11B in real-world assets on the network, a move that has helped Avalanche climb to the top position for net inflows on RWA(.)xyz.

BlockBeats, July 14 — Hyperliquid's Hynix-related contracts SKHX and SKHY posted a combined 24-hour trading volume of $1.836 billion, edging past BTC to become the platform's most actively traded asset. SKHX recorded $1.63 billion in 24-hour volume, with open interest (OI) at $635 million. SKHY saw $206 million in 24-hour volume, with OI of $101 million. SKHY is currently trading at an estimated 26% premium to SKHX.

Robinhood chain has climbed to become the third-largest blockchain by 24-hour DEX trading volume, trailing only Solana and BNB Chain. The network recorded $811 million in DEX volume over the past 24 hours. In its first seven days, it has seen $3.1 billion traded, attracted more than 65,000 users, and accumulated $300 million in stablecoins. Trading so far has been largely driven by memecoins, led by $CASHCAT. The token accounted for $299 million in volume across 304,907 trades.

Large Ethereum holders remain active buyers. On-chain data shows more than 20,000 ETH has been transferred into just two wallets over the last 16 hours.

Upbit, South Korea's largest cryptocurrency exchange, said it will list Derive (DRV) and open trading against KRW, BTC and USDT. Trading is set to start at 17:00 Korea time on July 14. Derive is the rebranded version of Lyra Finance, an onchain options protocol. The project adopted the Derive name in 2024 and migrated its token from LYRA to DRV. The protocol is currently focused on onchain options and perpetual futures trading.

Onchain stock-related perpetuals on Hyperliquid (@HyperliquidX) are seeing a sharp jump in activity. HIP 3 markets now represent close to 50% of the platform's perpetual trading volume, up from roughly 2% at the start of the year. The upswing reflects growing retail demand for onchain access to equity-linked trading. Products tracking Nvidia, Tesla, and the Nasdaq 100 have been key contributors to the expansion. Source: The Block

Lawson will begin a pilot program in early August to accept payments in the JPYC stablecoin at a store in Tokyo, according to Bitcoin.com. The initiative is positioned as Japan's first test of stablecoin payments integrated directly into a point-of-sale (POS) system. Hashport will provide wallet technology support. Transaction data from the stablecoin payments will be linked directly to Lawson's existing store management system. The retailer plans to assess the stability of the POS integration before deciding whether to expand the program. JPYC is already accepted at a limited number of restaurants and dental clinics. Separately, Japan's three major banks are running their own stablecoin trials in coordination with the Financial Services Agency. Citigroup has forecast the global stablecoin market could grow to between $1.9 trillion and $4 trillion by 2030.

SBI Holdings and the Solana Foundation unveiled a strategic partnership aimed at building Japan-originated on-chain financial markets. Under the agreement, the Solana Foundation will join the newly renamed SBI Solana Global, alongside SBI and Sumitomo Mitsui Financial Group (SMFG), one of Japan's three largest banks. The partners said the initial focus will be on JPY-denominated stablecoins, tokenized real-world assets, cross-border payments, and institutional services. The initiative pairs SBI's regulatory and compliance capabilities with Solana's high-speed, low-cost blockchain infrastructure. The group is positioning the effort as an upgrade to regulated financial markets rather than a challenge to traditional finance. If execution matches ambition, the partnership could bolster Japan's standing as a major hub for institutional on-chain finance across Asia. Japan's push toward regulated yen stablecoins is also gathering pace as part of a broader effort to strengthen digital financial infrastructure and enable compliant blockchain-based services. The announcement follows SBI's recent progress on its JPYSC project, described as Japan's first trust bank-backed yen stablecoin, underscoring the group's wider expansion into regulated blockchain-based financial offerings. JPY stablecoins are central to the long-term strategy. Rather than prioritizing retail payments, the partners expect yen-linked stablecoins to support institutional settlement, tokenized real-world assets, and cross-border transactions. They also aim to provide familiar yen-denominated liquidity while reducing reliance on conventional settlement rails. Rising institutional wallet activity on Solana and ongoing stablecoin usage are cited as signs that institutional adoption could continue to expand, increasing the likelihood that more financial institutions migrate regulated payment flows onto blockchain infrastructure. The partners noted that long-term outcomes will hinge on sustained transaction growth, not token issuance alone. Expansion in cross-border payment volume, deeper liquidity, and stronger growth in tokenized assets will be key to determining the initiative's lasting impact and Japan's bid to become a leading regulated on-chain finance center in Asia. Final Summary: SBI's regulated on-chain strategy puts JPY stablecoins at the core of Japan's digital finance buildout. Sustained institutional adoption and cross-border usage will determine the long-term success of Japan's on-chain finance ambitions.

Ethereum spot ETFs posted net redemptions of $15.4092 million on July 13 (U.S. Eastern Time), according to SoSoValue data cited by Odaily Planet Daily. Fidelity's FETH recorded the largest single-day outflow at $15.4092 million, bringing its cumulative historical net inflow to $2.134 billion. As of publication, Ethereum spot ETFs held total net assets of $9.458 billion. The category's net asset ratio—ETF market value as a share of Ethereum's total market cap—stood at 4.43%, while cumulative net inflows since launch reached $10.958 billion.