According to Fox News, Sovereignty secured victory at the 157th Belmont Stakes, overtaking Journalism in the final stretch (source: Fox News Twitter, June 7, 2025). This result is significant for traders tracking gaming, sports betting, and tokenized sports platforms, as major horse races often drive short-term volume and volatility in related crypto assets such as sports fan tokens and betting protocols. Traders should monitor on-chain activity for projects like Chiliz (CHZ) and decentralized prediction markets for potential trading opportunities following this high-profile sporting event.