⚖️ Arca Weekly: BTC's Failed BIP-110 Fork, Movement's WhatsApp Remittances, and Jupiter Lend v2 Drove This Week's Moves
Arca's weekly token-price roundup flags four distinct stories behind this week's moves, with every token in the mix ending the week lower.
• MOVE (-17%) — Movement launched a WhatsApp-based remittance product with El Vecino and RISE, targeting the US-Mexico corridor first, with El Salvador and Guatemala to follow.
• CRO (-14%) — Trump Media shelved its planned digital-asset-treasury tie-up with Crypto.com's Cronos chain, even as Crypto.com pushed ahead with tokenized equity derivatives.
• JUP (-10%) — Jupiter Lend v2 went live on Solana, letting deposited/borrowed positions double as trading liquidity; the product already holds $1.7B in deposits and $827M in loans outstanding.
• BTC (-2.4%) — Bitcoin's BIP-110 spam-reduction proposal drew support from just 2.53% of nodes and forked off into its own (now-stalled) chain, leading to BIP editor Luke Dashjr's removal — with an unrelated eCash hard fork still slated for late August.
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