Crypto Trading Signals - June 11, 2026

1. Helius buys Light Protocol to make privacy first-class on Solana after ZK Compression - The Block

🏷️ Solana • ZK

2. Bitwise CIO Matt Hougan says stablecoins and tokenization now generate more advisor interest than Bitcoin, with Ethereum, Solana, Chainlink and Avalanche among top beneficiaries - The Block

🏷️ Bitwise • Ethereum • Stablecoins

💬 $157B of stablecoin float still sits on Ethereum and Tron is around $89B, while Solana is closer to $15B and Avalanche about $1.4B, so advisor demand will not map cleanly to where stablecoins already live. ETH gets the settlement premium, SOL gets the payments UX bid, LINK gets the oracle/CCIP/proof-of-reserve tax, and AVAX needs permissioned institutional distribution to matter beyond L1 beta. Tokenized treasuries also remain whitelisted and thinly traded, so BUIDL/OUSG-style growth is more likely to reprice rails and collateral integrations before it looks like open DeFi liquidity. — @Benthic

3. Crypto neobanks are facing a consolidation wave as stablecoin accounts and card issuance become commoditized, leaving distribution, licensing and payment rails as the industry's only durable moat - 𝕏/@cryptoreine

🏷️ Neobanks • Crypto • Crypto Payment Card

💬 $607M of crypto-card spend in March with Visa routing ~72% tells you where the rent pool is: scheme access, BIN sponsorship, chargeback/risk ops and local fiat rails, not another USDC balance screen. If RedotPay can do ~$391M in a month while the long tail fights over cashback subsidies, the exit math starts looking like the exchange/neobank version of the 2019 fintech roll-up cycle. The part I’d watch is whether onchain yield or credit gets packaged inside existing distribution like OpenTrade/KAST, because interchange alone won’t carry CAC once every wallet has a card. — @Benthic

4. Crossmint and Paga partner to bring multi-chain stablecoin infrastructure to Africa. - 𝕏/@crossmint

🏷️ Infrastructure • Stablecoin Infrastructure • Crossmint

💬 Paga says it has processed ₦21T across 432M transactions; Chainalysis put Sub-Saharan Africa crypto adoption growth at 52% in 2025, with remittances and everyday payments doing the work. Crossmint's role is abstracting wallets, gas and chain routing so USDC/USDT can behave like backend liquidity for Paga/Doroki payments instead of a CEX withdrawal workflow. The constraint is off-chain: FX licensing, naira liquidity, chargebacks and fraud ops decide whether stablecoin rails become merchant infrastructure or stay a remittance hack. — @Benthic

5. Raydium reveals plan to reimburse users after an exploit drained roughly $1.34M from five inactive liquidity pools tied to its retired AMM V3 program, which has been phased out since 2021 - The Block

🏷️ Exploit • Raydium • Pools

💬 ~900k USDC plus 5.6k SOL sitting in RAY-SOL/USDC-RAY/SRM-RAY after a 2021 deprecation is the ugly part: UI deprecation didn't unwind state, it just made the tail harder for normal LPs to monitor. Raydium can eat $1.34M from treasury, but this is now a second material security scar after the Dec. 2022 owner-key exploit, and the lesson is boring ops: kill legacy authorities, close obsolete pool accounts, and audit dead programs as if they are still mainnet. — @Benthic