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July 3 news, according to an investigation, after the United States and Iran reached a peace agreement, Persian Gulf member countries resumed exports through the Strait of Hormuz, and the Organization of the Petroleum Exporting Countries (OPEC) saw a significant increase in crude oil production last month. The investigation shows that OPEC crude oil output increased by 2.34 million barrels per day to 18.75 million barrels per day, with the main increase coming from Kuwait, Saudi Arabia, and Iran. Nevertheless, production is still significantly below pre-war levels. If adjusted for the withdrawal of the United Arab Emirates, OPEC's June output is still 7.3 million barrels per day lower than the February level, a decrease of 28%.

On July 3, it was reported that Solana broke multiple records in trading, revenue, and trading volume in the second quarter of 2026. In the tokenized stock sector, Solana's spot trading volume reached $4.84 billion this quarter, capturing over 96% market share. This volume far exceeded that of all other blockchains combined, marking the fourth consecutive quarter that Solana has led this sector, solidifying its dominant position. In terms of decentralized application revenue, the total dApp revenue for this quarter was $257 million, maintaining its lead over all Layer 1 and Layer 2 blockchains for the ninth consecutive quarter. Despite competitive pressure from peers, the enthusiasm of ecosystem developers and actual user demand remains strong. On-chain trading activity has surged, with daily, weekly, and monthly trading volumes all hitting new highs. The total number of non-voting transactions for the quarter approached 9.8 billion, with the overall network transaction volume rising to 59%, reaching an eleven-month high. The perpetual futures trading scale has seen a significant surge, with nominal trading volume for the quarter reaching $183 billion. GMTrade, Pacifica, and Jupiter were the main sources of trading volume, with GMTrade showing impressive growth in asset locking, cumulative trading volume, and protocol fees. The Phoenix platform also gained market recognition with its new features. Meanwhile, the Solana Foundation has proactively reduced its staking holdings, with the staking scale dropping to 4.92% of the total network staking, aiming to weaken its control over network validation and promote the decentralized and mature development of the validator ecosystem. Overall, even though the market is generally perceived to be at the bottom of a bear cycle, Solana's various innovative businesses and fundamental on-chain data are rising against the trend. If this quarter indeed marks the low point of the current market cycle, the existing performance will lay a solid foundation for long-term growth. The article also briefly mentions developments related to Solana's on-chain governance, the Grass rewards controversy, and future plans of the foundation's executives.

Jupiter Exchange, a leading DEX aggregator in the Solana ecosystem, has officially launched the Trailing Stop Loss feature for limit orders. Users can set a fixed percentage for the trailing margin, allowing the stop loss line to move up in tandem with the asset price. Once the coin price falls from its peak to the trigger threshold, the system will automatically execute a sell operation. This feature helps users protect their existing profits rather than just limiting losses.