According to @dydxfoundation, the Solana-based DEX Jupiter is pausing all DAO votes until the end of 2025 due to a breakdown in trust and an ineffective governance structure, as stated by executive Kash Dhanda. While active staking rewards of 50 million JUP per quarter will continue, no new DAO-funded work groups will be created. This news follows a 21.8% decline in JUP's value over the past 30 days. Separately, the TON Foundation announced a UAE Golden Visa program for Toncoin (TON) holders who stake $100,000 in TON for three years. The announcement, made by TON Foundation CEO Max Crown, caused TON's price to surge 12% and trading volume to spike over 250% above its 30-day average. Technical analysis shows the price moved from $2.75 to a peak of $3.06, with new support forming around $2.86-$2.89. The initiative has drawn skepticism from figures like Sigil Fund's Joe HedgedHog and former Binance CEO Changpeng Zhao, who questioned whether it is an official government partnership or a marketing effort by a third-party firm, highlighting the lack of a formal UAE government announcement.

According to @rovercrc, authorities in the United Arab Emirates, including the Federal Authority for Identity (ICP), the Securities and Commodities Authority (SCA), and Dubai's Virtual Assets Regulatory Authority (VARA), have officially denied reports that staking Toncoin (TON) can secure a UAE Golden Visa. This statement directly refutes a claim made by Max Crown, CEO of the TON Foundation, which had caused TON's price to surge 12% to nearly $2.9. VARA further clarified that TON is not a licensed or regulated virtual asset within its jurisdiction, and the ICP confirmed that digital currency investors are not currently included in the golden visa framework. This official debunking provides critical context for traders analyzing TON's recent price volatility.