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Synthetix (SNX) surged more than 17% in the past 24 hours, trading near $0.3695 at the time of writing. Trading volume jumped 18% to $126 million, while market capitalization climbed to $123 million.

Ethereum trades near critical support after months of steady selling pressure. The 4-hour chart shows a firm downtrend with lower highs and lower lows. Price rejected the 0.786 Fibonacci level near $3,047 and never regained strength.

The state of Connecticut in the United States has clamped down on Kalshi, Robinhood, and Crypto.com, all three companies to cease betting operations within the region.

Ethereum unstaking surged in July, and Ark Invest CEO Cathie Wood links it to a growing preference for an alternative offering from Robinhood, a versatile crypto trading platform.

Robinhood CEO Vlad Tenev announced that the company is building its own proprietary Ethereum Layer‑2 built on Arbitrum, which is designed specifically for tokenized real-world assets (RWAs). The new “Robinhood Chain” will power the company’s ambitious push into tokenized stocks, ETFs, and even private company shares.