Jupiter has added six new markets to its perpetuals product: HYPE, ZEC, SPCX, SNDK, SKHYNIX, and JUP. Before this update, Jupiter Perps only supported BTC, SOL, and ETH. The newly listed markets are powered by GUM, which has built a native order book architecture on its network. That setup allows users to place orders directly on Solana without needing to bridge assets or switch to another network. The expansion broadens the range of instruments available on Jupiter’s perpetuals platform while keeping trading activity on Solana.

Jupiter Chief Operating Officer Kash Dhanda used a long-form podcast appearance to lay out a view of crypto investing that runs against the industry’s usual pitch. Rather than framing success as a matter of luck or catching the right meme coin at the right time, he said his own portfolio is built around discipline, position sizing and yield. More than half of his holdings, he said, are parked in stablecoins earning roughly 5% to 7%, while the rest is allocated to high-risk assets that could drop 85% in six weeks. He described that split as a barbell strategy. Dhanda also argued that meme coins are better understood as a kind of speculative entertainment than as durable long-term assets, saying most eventually fade as attention moves on. Beyond portfolio construction, he discussed what he calls "infinite capitalism," the rise of tokenized assets, institutional adoption patterns, and Solana’s position in real-world assets and tokenized stocks. He said about $700 million of RWA has moved onto Solana in the past 30 days, more than all other chains combined, and that 98% of on-chain tokenized stock trading happens there. Dhanda also acknowledged that JUP underperformed in the previous cycle, blaming excessive DAO politics and a failure to manage the token itself as a product, while noting that Jupiter now uses 50% of revenue to buy back JUP.

Jupiter Chief Operating Officer Kash Dhanda laid out a clear portfolio framework in a podcast recorded on Aug. 20, saying more than half of his own holdings sit in stablecoins earning 5% to 7%, while the rest is allocated to very high-risk assets that could fall 85% in six weeks. He described that setup as a barbell strategy and argued that crypto wealth is built less by luck than by discipline, risk management and compounding yield over time. Across the conversation, Dhanda called meme coins a form of "adrenaline service" more comparable to video games than durable investments, and said most of them die quickly even if a small number survive. He also framed crypto’s long-term direction as "infinite capitalism" — a model of unlimited access and unlimited assets where anyone can access capital markets at any time from anywhere. On Solana, he said roughly $700 million in real-world assets flowed onto the chain over the past 30 days, more than all other chains combined, and that 98% of tokenized stock trading takes place there. On Jupiter, he said the team is repositioning JUP after what he described as a weak prior cycle, including using 50% of revenue to buy back the token.

A catalyst calendar circulated by crypto KOL @TheDeFinvestor is drawing attention to seven projects with near-term events that could move sentiment this week and later in July: Jupiter, NEAR, Berachain, Zcash, Lighter, Jito and Ether.fi. The list spans product launches, livestream announcements, protocol upgrades, tokenomics overhauls and DAO proposals. The most immediate event is Jupiter’s July 6 private beta for GUM, its unified market initiative on Solana. NEAR follows on July 7 with “The Big Reveal,” a livestream focused on enterprise-facing technology. Berachain is set to roll out its PoL Next hard fork on July 7-8, simplifying its token model and replacing legacy incentives. Later in the month, Zcash plans to activate the Ironwood upgrade on July 21 to address trust concerns after the Orchard inflation bug disclosure. Beyond those, Lighter is expected to launch tokenized stocks next week as it benefits from Robinhood Chain integration, while Jito is rumored to bring its JTX trading platform to market in mid-July. Ether.fi’s catalyst is more governance-driven, with a July 1 proposal to deploy a dedicated Aave V4 instance for EtherFi Cash. While these developments have already sparked price reactions in several tokens, investors are still facing familiar risks including unlocks, execution challenges, competitive pressure and uncertain DAO outcomes.

The Bitcoin Historian posted on X that Blockstream CEO Adam Back responded on Bloomberg to criticism involving Michael Saylor, Strategy, MSTR and STRC, arguing that the FUD around MSTR and STRC is baseless and that Strategy is not going to zero.