Solana Launches Bank Settlement Tool | Ethereum Tests 200M Gas | Prediction Markets Bet on Love Island | Daily Crypto Roundup.

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Welcome back to the Daily Crypto Roundup. A bank trade can now be programmed to settle on Solana in seconds, with the asset and payment moving together or not moving at all.

JP. Morgan helped shape the requirements, but did not build or endorse the system. Ethereum is testing more than three times its previous capacity. Major financial companies are backing OKX, and later we have the strange betting category expanding almost 19-fold in two years. At the time of recording, Bitcoin is around $86,600, up approximately 1.3% over 24 hours after trading between about $85,050 and $86,600.

Ethereum is near $2,722 and higher by roughly 0.8%.

XRP is close to $1.52 and up approximately 1.3%, while BNB is around $786 and slightly lower. Solana is near $121.80 after gaining about 2%.

Hyperliquid is close to $93 and almost unchanged. Cardano is around $0.28 and up roughly 2.5%, while Chainlink is near $14.08 and higher by almost 2%.

Tell us whether Second's fast settlement is enough to bring banks onto public blockchains. New Kraken users who sign up using our link in the description can claim 20 XRP from Crypto News Today.

Availability and eligibility vary by region. The 20 XRP is supplied by Crypto News Today, not Kraken. We're getting more active on X, so follow us at at Crypto News HQ for breaking stories and updates between episodes. This is not financial advice. Crypto trading involves risk of loss. The lead story is Solana DVP, an open-source delivery versus payment program launched today by the Solana Foundation. The purpose is simple. If one institution sells a tokenized bond or fund to another, the asset and payment should move together. Solana DVP places each side into a separate escrow and completes both transfers inside one atomic transaction. If either side cannot settle, neither side moves. That removes the danger that one party delivers the asset while the other fails to deliver the money. The Foundation says finality can arrive in seconds rather than the one or two days common in traditional security settlement. JP. Morgan provided input on institutional settlement practices. That involvement matters because the bank understands custody, settlement agents and regulated market controls. It must not be exaggerated. JP. Morgan did not design, develop, operate, approve, certify or promise to use Solana DVP. The program supports Solana's original token standard and Token 2022, including transfer hooks, possible tokens and permanent delegates. A bank, custodian or exchange can act as the settlement authority. Deadlines can be built into a trade, and participants can recover their assets before settlement. The program is not a complete exchange. It contains no order book, price discovery, matching, netting, partial fills, know-your-customer checks or holder eligibility system. Both sides must already be token accounts on Solana. A payment that remains on an ordinary bank rail cannot settle atomically through this program. Catherine Gu, the Solana Foundation's head of digital assets product, said the program offers finality in seconds instead of days. Cantina audited the code and found four medium severity issues, all listed as fixed. Three low-risk issues remain acknowledged rather than fixed. Privacy is planned but not available, and the program remains upgradable. What changed today is that institutions now have public code, a mainnet address and a common structure to test instead of commissioning a different contract for every deal. What did not change is the absence of a named live institutional transaction. Banks, tokenized asset issuers and traders benefit if faster settlement releases capital and reduces counterparty exposure.

Existing clearing and reconciliation providers risk losing work. The thesis fails if no institution settles meaningful value, if upgrade control worries users, or if token issuers can freeze escrowed assets at the wrong moment.

Watch the first name trade, settlement volume, production release date, confidential transfers, and any independent review after real money begins moving. Would you accept a bank or issuer retaining freeze powers if that is the price of regulated assets settling on a public chain? Ethereum supplies the second infrastructure story. The Glamster Dam upgrade activated on Sepolia today at 1:53 p.m. Coordinated Universal Time. Sepolia is now testing a 200 million gas limit, more than three times its previous level near 60 million. More gas capacity creates room for additional computation and transactions in each block. But it does not guarantee fees will fall by the same amount. Validators and client software must process larger workloads without falling behind or concentrating operation among people who can afford more powerful equipment. Glamster Dam also tests enshrined proposer-builder separation and block level access lists. The first separates the validator proposing a block from the builder assembling its execution payload inside Ethereum's protocol. The second gives clients information that can help them process transactions in parallel, instead of treating every operation as one long sequential queue.