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Circle shares jump 10% after earnings beat and strong institutional adoption of Arc blockchain.

Protocol Fundamentals
05 Aug 2026
Coindesk
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Bullish
Circle shares jump 10% after earnings beat and strong institutional adoption of Arc blockchain.

Circle's shares rose about 10% in premarket trading after the company reported second-quarter earnings that beat profit expectations despite slightly missing revenue forecasts. Adjusted earnings were 18 cents per share versus an expected 16 cents, with net income at $48 million beating estimates. USDC stablecoin circulation grew 19% year-over-year to $73.3 billion, and onchain transaction volume surged 151% to $14.8 trillion, highlighting strong institutional use. Circle also revealed progress on its Arc blockchain, launching publicly on Sept. 16, with major financial firms like BlackRock and Mastercard as validators, signaling growing adoption for tokenized assets and payments infrastructure.

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XRP nears $1.55 resistance with whale buying spike, eyeing potential 35% rally to $2.

XRP nears $1.55 resistance with whale buying spike, eyeing potential 35% rally to $2.

XRP price rose to $1.43, up 3.13% in 24 hours, with strong trading volume of $3.41 billion. Analysts highlight an inverse head-and-shoulders pattern forming, targeting a breakout above $1.55 that could trigger a 35% rally toward $2. Large holders hav...

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AI infrastructure costs surge, raising credit risks and investor caution amid Oracle's negative cash flow.

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Injective's Meridian upgrade passes with 99% support, enabling compliant real-world asset tokenization.

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Injective's Meridian mainnet upgrade proposal (IIP-701) passed with 99% support from INJ stakers, marking a major step for institutional adoption. The upgrade, scheduled for September 24, 2026, introduces regulated token standards on Injective's EVM,...

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Trump-Xi summit to focus on trade, AI, and rare-earth exports amid geopolitical tensions.

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Ethereum reclaims $2,500 as exchange supply drops 28% and ETFs grow, tightening market liquidity.

Ethereum reclaims $2,500 as exchange supply drops 28% and ETFs grow, tightening market liquidity.

Ethereum has regained the $2,500 price level amid a significant 28% drop in ETH held on exchanges since May 2025, reducing the liquid supply available for trading. Increased staking, now at over 35%, further removes ETH from circulation, tightening s...

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