Arbitrum’s ARB rose 29.59% to $0.2117 on $813.7 million in volume after Stabletrust Pay and Fairblock launched privacy-enabled stablecoin payments on Arbitrum One. NEAR Protocol gained 25.62% to $3.63 after Hyperliquid launched confidential-by-default perpetuals, while Uniswap advanced 20.05% to $8.74 after the SEC granted a five-year Innovation Exemption for permissioned AMM pools for tokenized U.S. stocks. The broader update also covered regulatory, institutional and market developments, including a CFTC rulemaking submission, US Treasury sanctions against Iranian exchange BitBank, $159.45 million in US spot Bitcoin ETF inflows and $405.4 million in cumulative US spot Ethereum ETF outflows over three sessions.