Key Highlights: Sen. Flávio Bolsonaro secured roughly 47% of the vote to edge out President Luiz Inácio Lula da Silva (~45%), advancing to an October 25 presidential runoff. Brazil’s domestic financial markets surged following the election results, with the Bovespa benchmark jumping over 8% and the Brazilian real gaining more than 4%. Market reactions underscored ...
Key Highlights Corporate treasury adoption expands as Strive adds 2,000 Bitcoin, bringing its total reserves to 29,462 BTC. Bitmine acquires an additional 15,112 Ethereum, boosting its balance sheet to over 6 million ETH—equivalent to roughly 4.9% of the circulating supply. DeFi Development Corp. boosts its Solana reserves to 2.564 million SOL, capitalizing on staking rewards ...
Key Highlights Spot XRP ETFs recorded $4.74 million in weekly net inflows, maintaining a 12-week positive streak despite a 94% drop compared to the previous week’s $75.59 million. Spot Solana (SOL) ETFs witnessed a severe 97% decline in weekly net inflows, plummeting from $188.22 million to $2.43 million. Both underlying tokens faced price turbulence during ...
Key Highlights: Solana demonstrates accelerating transaction volume and user engagement amid mixed momentum across the broader cryptocurrency market. A notable surge in non-vote transactions highlights the network’s expanding adoption and footprint within decentralized finance (DeFi). Market participants are actively monitoring whether Solana’s low fees and rapid throughput will enable it to challenge Ethereum’s market dominance. ...
Key Highlights: $OUSD’s launch is intended to strengthen Solana’s appeal to businesses and developers. The stablecoin is backed by $18 million in reserves, supporting its financial foundation. Adoption, platform integrations, partnerships and user feedback will shape $OUSD’s market prospects. $OUSD Launch Puts Solana’s Stablecoin Strategy in Focus The launch of $OUSD is a significant development ...
Key Highlights Solana is currently experiencing a period in which trading volumes are not being reported, suggesting potentially low activity or limited market engagement. Attention is focused on the proposed Alpenglow upgrade and its potential effect on Solana’s network performance. Follow-up discussions from the Solana Foundation and user feedback will be important indicators of the ...
Key Highlights The SEC issued an “Innovation Exemption” two days after the CLARITY legislation failed. The exemption allows certain venues to trade tokenized U.S.-listed stocks onchain through automated market makers and liquidity pools. The SEC and CFTC are easing practical barriers as crypto technology and demand for round-the-clock digital markets continue to grow. SEC and ...
Key Highlights: US spot Solana ETFs recorded $188 million in combined net inflows over the five trading sessions through Sept. 25. Solana’s Alpenglow upgrade is being tested on the public devnet and testnet, targeting transaction finality of about 150 milliseconds. $SOL is trading near $121.11, with a move above $124.95-$125 potentially opening the way toward ...
Key Highlights Weekend trading volume for TradFi perpetual futures across crypto exchanges has risen sixfold to $28 billion, with Binance accounting for nearly half. Nasdaq and the SEC have identified major infrastructure challenges as traditional markets move toward continuous trading. Tokenized equities and blockchain-based settlement could preserve crypto’s advantage even as Wall Street adopts 24/7 ...
Key Highlights JTO price surged 16% as Jito’s Block Assembly Marketplace celebrated its one-year mainnet milestone and JitoSOL expanded access in Asia via PDAX in the Philippines and Naver Pay in Korea. Derivatives volume jumped 107.04% to $135.90 million and open interest rose 28.96% to $55.53 million, with Binance top traders showing a long/short ratio ...
Key Highlights Veteran trader Peter Brandt reiterated his long-standing skepticism toward XRP, labeling it a “dumb coin” and questioning its tokenomics despite Ripple’s expanding bank partnerships. Brandt draws a sharp fundamental distinction between Bitcoin as a “store of value” and XRP as a transaction-focused asset, arguing utility alone does not drive token price appreciation. The ...
Key Highlights Solana’s Alpenglow upgrade targets approximately 150-millisecond transaction finality, a dramatic reduction from the current 12.8 seconds. The upgrade is now live on both Solana’s devnet and testnet, allowing developers to test applications before mainnet deployment. Anza, Solana’s core software developer, announced the devnet transition on September 25, following the testnet migration a day ...