SORAN is a quick digest of what Korean Telegram communities are talking about right now.
TOP STORY
Robinhood Chain Meme Coin Rally, RWA Tokenized Securities Converge
Robinhood Chain is in full swing. Meme coins like $CASHCAT, $PENNY, $JACKET, $WORM are rallying 5-50x while tokenized stock (RWA) trading volume exceeds $70M and daily volume tops $500K. Network 24h fees hit $350K, ranking top 4 across all chains. Institutions layering real financial infrastructure on top of meme activity is driving bullish sentiment.
Hybrid market forming with real finance infrastructure on top of meme coins; institutional capital inflow expected
DATA Network (Story Rebranding), On-Chain Revenue Explodes
Story Protocol rebranded as DATA Foundation with 300-500K new data registrations daily; on-chain revenue reported up 200x in weeks. Now in DeFiLlama top 20 market cap, surpassing Sui, Ton, Aptos. AI training data marketplace generating real revenue gaining bullish community sentiment.
Small Exchange Bitmart Credit Risk Resurfaces
Small exchange concerns resurface. Bitmart's native token crashed, hot wallet stables depleted. User reports cite withdrawal delays and liquidity shortages. Following prior Homplus incident, community increasingly consolidates to large exchanges like Upbit and Binance.
Base App Multi-Account Point Farming Growing
Multi-account point farming active on Base App. Structure: deposit 200 USDC per account, earn ~35 USDC monthly rebate, get 25% fee discount via referral code. Stacking rewards monthly. Chinese traders reportedly running large multi-account operations.
SK Hynix and Samsung Electronics Reported in Long-Term AI Infrastructure Deals with U.S.
SK Hynix reportedly supplying $750B in memory over 5 years to NVIDIA and U.S. CSPs; Samsung and Broadcom said to sign $200B foundry contract. Community interprets as Korean semiconductor suppliers locking supply for sustained generative AI infrastructure demand.
PloPlo NFT Minting Closes, Unsold Supply Burned
PloPlo NFT minting deadline: July 26, 2026 midnight KST. Unsold inventory burned except 55 retained by team. 807 minted so far; final supply locked to actual mint count creating scarcity narrative. Community notes sponsored promotion tone raises concerns.
Gate.io IPO: Jersey Mike's New Listing
Jersey Mike's ($JMKE) launching via Gate IPO Access Phase 2. Subscription period July 27-29, delivery and trading start July 30. Settlement in USDT and GUSD.
Monad Chain: Phantom Wallet Support Ending
Phantom wallet discontinuing Monad support effective August 12. $MON price declining significantly from highs, community sentiment deteriorating. Token holders advised to migrate assets to other EVM wallets before cutoff. ↗ x.com
Dango Service Shutdown and Liquidation Notice
Dango halting trading July 30, 9 AM UTC; complete shutdown August 14, 9 AM UTC. Token holders advised to settle positions before deadline. ↗ x.com