Bullish

1inch Co-founder Anton Bukov Launches Second Tier Infrastructure Project

2026-07-16 22:31:59

Anton Bukov exits 1inch operations citing strategic differences but retains 50% equity. He launches Second Tier to bridge economic intent and execution gaps.

Woofun AI reports that Anton Bukov, co-founder of the decentralized trading aggregation protocol 1inch, has ceased operational involvement as of November 2025. This departure stems from disagreements regarding strategic direction and leadership, though Bukov maintains his co-founder title and holds 50% of the company's shares. He previously architected critical systems including the 1inch Router, Fusion, and cross-chain Swap functionalities.

Bukov has introduced a new venture named Second Tier (tier.xyz). The project intends to develop secure and efficient blockchain infrastructure designed to minimize the disparity between users' "Economic Intent" and their actual "Execution".

WOOFUN AI

Impact Assessment · Quick Read

2026-05-27 09:24
Core conclusion: BlackRock's entry raises the estimated approval odds for a SOL ETF from 50% to 75%. SOL has already priced in about 6% of that expectation. The decisive move should follow the 19b-4 filing expected in mid-June and the first SEC feedback window expected in September. A SOL/BTC break above 0.0028 would confirm the trend; a drop below 0.0024 would raise the risk of a sell-the-news pullback. The impact on ETH is neutral to slightly negative as marginal capital becomes more likely to rotate from ETH into SOL.
Short-term Impact (1W)
+ Bullish
SOL +8~12%
Medium-term Impact (3M)
+ Bullish
SOL +15~30%
Impact on ETH
− Bearish
Risk of capital rotation
Sentiment Score
8.7/ 10
Extremely optimistic
Attention
9.6/ 10
Headline-level event
Credibility
10.0/ 10
Direct SEC EDGAR source
Approval Odds
75%
+25pp vs. last week
SOL Price Target
$215
90 days, 65% confidence
Generated by WOOFUN AI · For reference only, not investment advice2026-05-27 09:24

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