RaaS #445: Bonk Fun Overtakes Pump Fun!

Strategy Skips BTC Buying, SEC Asks To Expedite SOL ETF Refiling, and Moar!

I.R.I.S. scans contracts live on X using layered analysis and has improved detection by 20% month over month since early 2025. It reflects a shift toward real-time, AI-led security tooling.

Airdrops were supposed to reward alignment, not create a sense of entitlement. But now 78% of recipients see them as guaranteed payouts. Backlash is up, expectations are off, and teams are left trying to please a crowd that’s farming more than they’re contributing. With that being said, wen airdrop?

Rumors of a Toncoin-for-visa deal sent prices up, then down 11% after UAE regulators denied any staking-based residency program. CZ hinted BNB could be next, but nothing’s confirmed. The idea of staking tokens for visas might be a step too far, even for bull run standards.

Bonk Fun now drives 64% of token launches on Raydium, up from 10 to 170 daily in a month. With 16K launches since June, it’s outpacing Pump Fun and Less Bonk. Meme momentum on Solana is real.

Sentora launched 23 real-time DeFi risk indicators for XLend, filling a major gap in onchain risk tooling. Only 15% of platforms had this visibility a year ago. With TVL on the rise and new use cases like crypto mortgage collateral emerging, ignoring risk is starting to look outdated.

ACP rolled out updates to improve agent runtime and API concurrency, tackling key infra bottlenecks flagged in 68% of blockchain-AI failures. With deAI ecosystems raising $5.2B in 2025, the focus is shifting from ambition to uptime. The experiments are over, now it has to work.

Vibe trading is thin-slicing applied to markets, reading fragments of order flow, sentiment, and positioning to price truth before others do. It’s not about predicting the future. It’s about seeing what is, faster. The mosaic never fully resolves.

Monday morning motivation to lose the rest of my bags.

KITE AI’s “Fly the KITE” NFT mint sold out in under an hour, with floor prices rising soon after. A stealth drop helped dodge bots, rewarding real users. Are NFTs finally back?

Strategy skipped its weekly BTC buy for the first time in 3 months, despite holding $14B in unrealized gains. A new $4.2B STRD raise hints at pacing the next move. Saylor’s still in “fourth gear,” but the pause suggests timing matters, especially with BTC near $109K.

The SEC asked issuers to refile SOL ETF applications by July, signaling a shift after the REX-Osprey fund began trading under the ’40 Act. With eight altcoin ETFs pending and a pro-crypto chair now in place, the timeline may move faster. SOL at $151 suggests the market’s already leaning in.

Top Gainers: VIC, M, SOLO, SUPRA, MIM.

Vitalik co-authored EIP-7983, proposing a 16.77M gas cap per transaction to reduce DoS risks. It fixes a flaw where one tx could fill a whole block. The tradeoff? Complex dApps may get squeezed, with research showing up to 20% lower throughput. Ethereum scaling never comes free.

Yarm AI gained 11K followers in 12 hours without posting, hinting at a coordinated launch tied to KaitoAI and Mitosis. With MITO incentives and Kaito’s content leaderboard in play, this looks like a gamified rollout of Capital Launchpad.

Public companies added 131,355 BTC in Q2, now holding ~855K—4% of supply, outpacing ETFs for the third straight quarter. MicroStrategy alone holds $63B. Trump’s strategic reserve order may be tilting sentiment, but tighter supply comes with a familiar tradeoff: more volatility risk.

That’s all for today!