PDAXScope: Altcoins rebound, Ethereum Institutional launched

July 3, 2026

Smaller tokens lead as bitcoin, sol rally in ‘first real bounce of the selloff’ (CoinDesk)

Smaller cryptocurrencies outperformed Bitcoin and Solana as the crypto market posted its first meaningful rebound after a recent selloff, as reported by CoinDesk. While Bitcoin and Solana also recovered, investors showed stronger appetite for higher-risk altcoins, leading to bigger gains among smaller tokens. The rally suggested confidence is gradually returning, though markets remain cautious as traders watch whether the recovery can be sustained.

Ethereum gets a new nonprofit focused on institutional adoption (CoinDesk)

Former Ethereum Foundation enterprise team members launched Ethereum Institutional, a new independent nonprofit dedicated to helping banks, asset managers, and other large financial institutions adopt Ethereum, as reported by CoinDesk. The organization was launched to accelerate institutional adoption of Ethereum and will focus on education, advocacy, and industry engagement, complementing the Ethereum Foundation’s work as more institutions explore tokenization, stablecoins, and blockchain-based financial infrastructure. 

Standard Chartered, Circle bring USDC minting onto banking rails (Cointelegraph)

Standard Chartered has partnered with Circle to let eligible institutional clients mint and redeem USDC directly through the bank, removing the need to open a separate account with the stablecoin issuer, as reported by Cointelegraph. The integration gives institutions easier access to USDC for payments, treasury management, and on-chain settlement while keeping everything within Standard Chartered’s existing banking infrastructure.

 

 

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