PsyopAnime Meme Surges 30x, Monero ATH — Interview with Joseph Chalom
Memecoins surge as majors tick higher, Monero sets another all-time high, and Sharplink CEO outlines Ethereum’s long-term institutional case
Crypto markets traded broadly higher, with major assets posting modest gains as several smaller tokens and privacy-focused Monero led outsized moves.
Bitcoin rose 1.5% to $92,000, while Ether added 1% to $3,130. Solana gained 2% to $142, and XRP climbed 1% to $2.06.
Among top movers, DASH (+60%), IP (+30%), and XMR (+13%) stood out. Monero reached another new all-time high at $680 before pulling back to around $640, underscoring persistent demand for privacy-focused assets even as regulators globally continue to scrutinize anonymity features in crypto markets.
Outside crypto, gold and silver hit new all-time highs again amid fallout from the Powell investigation, a macro backdrop that has coincided with renewed interest in alternative stores of value.
In the policy arena, the U.S. Senate released a draft of the Crypto Market Clarity Act, which includes proposed limits on stablecoin rewards. Separately, Senator Elizabeth Warren pressed the SEC about allowing crypto exposure in 401(k) retirement plans, arguing the assets could introduce excessive risk for retirees.
Stablecoins also featured prominently in network-level commentary. Ethereum co-founder Vitalik Buterin warned that crypto needs better decentralized stablecoins, citing risks tied to governance capture and inflation. The remarks come as stablecoins play an increasingly central role in onchain lending and payments while regulatory frameworks around issuance and incentives continue to take shape.
On the product side, World Liberty Financial launched a crypto lending platform built around its USD1 stablecoin, attracting approximately $20 million.
In corporate and market-structure developments, crypto custodian BitGo filed for a U.S. IPO targeting an estimated $2 billion valuation, after its custody assets surpassed $100 billion. The filing highlights continued demand for regulated custody as institutional participation expands.
Regulators also intensified pressure on crypto-linked prediction markets. Tennessee regulators ordered Polymarket, Kalshi, and Crypto.com to halt sports prediction markets and refund users, escalating a multi-state legal fight over how such products should be classified and supervised.
Institutional positioning in Ether was a focal point in recent interviews featuring Joseph Chalom, CEO of SharpLink, described as the second-largest corporate ETH holder. Chalom argued that Ethereum is actively preparing for future security threats, including a coordinated move toward post-quantum readiness. He said Ethereum’s work on quantum resistance is being developed through the Ethereum Foundation’s Post-Quantum Security efforts and a long-term roadmap approach, with a migration plan discussed on a timeframe around 2029.
Chalom described the preparation as a competitive advantage for Ethereum in institutional contexts, emphasizing that large allocators will increasingly look for clear, tested plans for quantum-era security rather than reactive fixes.
