Project updates over the past week spanned restaking, token launch tooling, DAO governance, derivatives trading, legal disputes, token unlock visibility, Layer 2 upgrades, and shifting sector data. ether.fi removed all EigenLayer restaking exposure from weETH and is moving that function to a separate Symbiotic-based token, weETHs, with the remaining EigenLayer exposure already below 1% and expected to reach 0% in the third quarter of 2026. Uniswap rolled out Pools on Robinhood Chain as a launchpad for high-volatility meme tokens, offering Crowd Launch and Instant Launch formats, permanent liquidity and anti-sniping features; data from @Adam_Tehc showed $99.1 million in first-day volume, or about 54.2% of token launchpad volume on Robinhood Chain that day. Elsewhere, Lido DAO opened voting on its NEST automated buyback mechanism, Hyperliquid posted $218 billion in July perpetuals volume, and Shaw said ai16z would abandon its token, wind down the foundation and keep building open-source AI around Eliza. DeFi total value locked also turned up in July, rising 5.3% to about $73.8 billion after six straight monthly declines.

Eliza Labs founder Shaw Walters said the ai16z token is "dead. Completely." after settling a class action brought by Burwick Law and handing over what he described as the rest of the project treasury and all remaining cash. In a post on X, Walters told holders there is no foundation, no buyback money, and no supply mechanism left to support the token’s price. He also said he no longer owns any ai16z tokens and plans to keep building ElizaOS software while starting over separately with the intellectual property. The lawsuit, filed on April 16, 2026 in the U.S. District Court for the Southern District of New York as Doe v. Walters, was brought on behalf of people who bought ai16z on Solana starting Oct. 24, 2024. Burwick Law said the complaint names nine defendants, including Walters, Eliza Labs, AI16Z DAO, and DAOs.fun, and includes claims tied to deceptive acts, false advertising, negligent misrepresentation, and unjust enrichment. The firm also alleged that "Marc AIndreessen" was only a facade and that a September 2025 token migration expanded supply from 1.1 billion to 11 billion, with 40% of newly created tokens routed to defendant-controlled entities.

The source article highlights 10 Solana memecoins drawing strong attention in 2025, focusing on market cap, trading activity, listings, community traction, and launchpad relevance across the sector.

Crypto market cap edges up 0.3% to $2.65T on April 22. OPG leads gainers with 115.77% daily rise, RAVE up 43%. KelpDAO bridge attack launders funds to BTC; RHEA Finance loses $400K. Coinbase lists Diem; NY AG sues Coinbase and Gemini.

AI agent tokens came under broad pressure as Bitcoin’s decline triggered a sector-wide sell-off. The category lost 10.4% in 24 hours, with VIRTUALS, AI16Z, and KET posting steep weekly declines, while CHEEMS stood out with gains.

BTC Bull Token said it raised more than $500,000 in its first 24 hours, pitching a meme coin model tied to real Bitcoin rewards, staking, and token burns. The source material labels the story as sponsored content.

BTC Bull Token raised over $500,000 in its first 24-hour presale, offering real Bitcoin airdrops triggered by BTC price milestones, combining meme coin appeal with tangible utility.

Bitcoin gained 2.3% in January 2025, while most altcoins and meme coins suffered severe losses. AI16Z dropped 78.48%, RUNE fell 71.67%, and the total crypto market cap remains at $3.36T.