SkyAI, a Solana treasury company formerly known as Sharps Technology and listed under ticker SKYA, is facing shareholder opposition before its annual meeting on Sept. 18. A group holding close to 10% of the company plans to vote against the re-election of the entire board. The group’s concerns center on what it sees as weakened shareholder rights, the presence of a poison pill plan, and related-party transactions. The development puts pressure on the company’s board as it heads into the annual shareholder vote. No further details on the group or the specific proposals were provided in the brief.

In July 2026, the crypto market staged a phased recovery after June's sharp correction. Total market cap rose from $2.11T to $2.28T, up 8.31%. ETH outperformed with 22.13% gains, driving DeFi blue chips like UNI and AAVE higher. However, the median return of +0.02% highlights structural divergence. Meme coins, AI/InfoFi tokens, and long-tail assets dominated the leaderboard, with AKE surging over 1,000%. Volume analysis shows 28 tokens had volume spikes above 3x, but high-volume signals were mixed. The recovery remains tepid rather than a broad bull run.

HTX platform data for Aug. 2 to Aug. 9 showed that the broader crypto market did not rise across the board, with Bitcoin dominance staying above 56% and capital still concentrated in large-cap assets. Even so, several mid- and small-cap tokens posted independent rallies. The most concentrated move came from the BSC meme sector, where TUT surged 733% for the week, while MUBARAK and TST also advanced together. In the AI segment, SKYAI rose 291% after ending a three-month consolidation. DeFi names remained active as well: BICO climbed 240%, BMT gained 110%, and BTW rose 153%, marking its third straight week on the gainers list. HTX said many of the week’s top performers had spent extended periods in weakness before being repriced by the market.

The crypto market fell to a $2.3 trillion valuation on June 18, with the Fear & Greed Index dropping to 15. Bitcoin and Ether declined, but ETHFI, ENA, and XLM posted double-digit gains.

Crypto market cap dropped 1.2% to $2.73T on May 8, with BTC and ETH declining. Gainers include Nillion (+68%), dYdX (+33%), Siren (+21%), Ondo (+9%), and WLFI (+8%). Fear & Greed Index fell to 38 (Fear). Institutional moves: Tether blacklisted 384 addresses, Block raised guidance, 21Shares Canton ETF launched.

Crypto trading turned mixed over the past 24 hours. Bitcoin, XRP and Solana all posted losses, while LAB surged 68.2% with more than $236.9 million in volume, leading the day’s gainers.

BTC stays above $81,000; SOL and DOGE climb over 3% to lead majors. XRP, BNB gain modestly; small-cap STON surges 72%. Capital rotates into altcoins amid mixed market, but macro risks persist.

Bitcoin fell under $63,000 while Ethereum also slipped, but XRP and BNB posted gains. The day’s biggest moves came from smaller altcoins, led by Arrow’s 236.8% jump, showing clear market rotation beyond large caps.