MAJURO, Marshall Islands, Oct. 11, 2026 (GLOBE NEWSWIRE) -- Remittix has confirmed November 24, 2026 as the scheduled market-launch date for RTX, placing a defined deadline on the final phase of a presale that has raised more than $32 million.
The announcement gives over 40,000 participants a clear transition from presale access to public trading. It also follows the opening of Remittix PayFi testing to 1,000 invited holders, connecting the token countdown with a live product milestone.
The launch schedule arrives as Ethereum price prediction forecasts explore $12,000 and Cardano’s tokenized-equity push revives the long-term $1 ADA debate. Remittix enters that institutional adoption narrative from an earlier position, combining a confirmed debut with crypto-to-bank utility, active products and a limited remaining presale allocation.
November 24 Becomes the Defining RTX Catalyst
The scheduled launch date turns the Remittix roadmap into a time-bound market event. RTX is currently priced at $0.23, while the project has set $0.46 as the final presale price and planned minimum exchange launch price.
Remittix is moving toward its $36 million hard cap after crossing $32 million. The final allocation now sits between the current stage and public-market price discovery, creating a narrowing opportunity for buyers seeking access before exchange trading begins.
Product testing adds substance to that countdown. One thousand invited holders can use EUR and USD PayFi routes while Remittix prepares further currencies, supported assets and networks for broader availability.
Remittix Is Launching a Complete Crypto-Finance Hub
The Remittix platform is designed to bring payments, storage, trading and earning into one connected experience. PayFi forms the practical settlement layer, enabling eligible users to fund payments with supported crypto while recipients receive fiat through compatible bank accounts.
The iOS wallet has surpassed 10,000 downloads, and the Android version is awaiting approval. Remittix Markets is live with hundreds of perpetual trading pairs and has processed more than $50 million in volume across thousands of active traders.
Remittix Earn is approaching release with advertised yields of up to 22% APY on eligible assets. The planned wallet rebuild will connect PayFi, Markets and Earn, positioning the application as a single destination for managing, moving, trading and growing digital assets.
Ethereum Price Prediction Eyes $12,000 as Cardano Targets $1
Ethereum recently traded near $2,500. Reaching $12,000 would require an increase of approximately 380%, placing that Ethereum price prediction inside a powerful institutional bull scenario driven by staking, stablecoins, tokenized assets, exchange-traded products and growing settlement demand.
Cardano has introduced a different institutional catalyst. The Cardano Foundation spun out its Veridian identity unit, which tokenized one million shares using Cardano’s new programmable-token standard.
The development strengthens Cardano’s real-world-asset narrative and gives the $1 ADA forecast another long-term adoption angle. Remittix targets the consumer-facing side of that transformation by helping digital value move into familiar banking channels.
A Fixed Launch Date Could Concentrate Demand
November 24 will bring Remittix’s token, payment platform, live trading venue, wallet community and upcoming earning product into one public-market narrative. Few new crypto projects approach launch with that breadth of ecosystem activity already visible.
As the hard cap draws closer, the current $0.23 stage and announced $0.46 final price create a measurable route toward launch. The date is locked, the platform is being tested and the remaining opportunity exists only before RTX enters open-market trading.
About Remittix
Remittix is building a connected PayFi and digital-asset ecosystem focused on crypto-to-bank and bank-to-crypto payments. Its products include Remittix Markets, a mobile wallet and the forthcoming Remittix Earn service.
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Adam Back claims to have warned Ethereum’s early developers against an architecture he considered flawed. However, no easily verifiable public evidence establishes that he sent them a specific warning about the now criticized account model before the network’s launch.
In Brief Adam Back claims to have warned Ethereum’s early developers about weaknesses in its architecture, without providing public evidence. Bitcoin’s UTXO model and Ethereum’s account system each have advantages and limitations. Concerns about cryptographic signature security affect both Bitcoin and Ethereum. Despite his early criticisms, Adam Back has not demonstrated that he warned Ethereum’s founders before its launch. Adam Back attacks Ethereum’s founding choices The CEO of Blockstream reignited the debate between Bitcoin and Ethereum in a message published on October 10. There, he defends the UTXO model chosen by Satoshi Nakamoto and fiercely criticizes the early Ethereum designers’ experiment.
“It’s almost like Satoshi knew distributed systems”, Adam Back wrote. He then states that Ethereum developers were “young, naive” and lacked the necessary experience when they built the network around an architecture he considers “manifestly flawed”.
His message ends with an important statement: “I tried to warn them”. However, Back does not provide any link, date, or copy of an exchange to identify this warning.
Public archives show he has criticized Ethereum for several years. In 2019, he was already comparing the project to Theranos. In August 2020, he grouped Ethereum with Bitconnect, OneCoin, and other controversial projects before denouncing the presale of part of the ETH.
These positions confirm his long-standing opposition to Ethereum. Nonetheless, they do not prove that he warned its founders about the specific issues associated today with its architecture before the blockchain launch in July 2015.
UTXO and accounts answer two different conceptions Bitcoin uses the UTXO model, standing for “unspent transaction outputs”. Its operation can be compared to bills: a transaction consumes existing units and creates new outputs that their owners can spend later.
Ethereum relies on accounts whose balances and state evolve with each operation. This structure facilitates the execution of smart contracts, as applications can store and modify information directly on the blockchain.
The UTXO model allows easier parallel processing of certain independent transactions. It also limits the amount of state shared among users and applications. Conversely, the account system offers greater flexibility for building financial protocols and complex applications.
Presenting one as objectively correct and the other as necessarily “broken” therefore involves a technical and political judgment. Ethereum has operated for more than eleven years and secures hundreds of billions of dollars in assets, even if its architecture brings challenges related to state growth, concurrent transactions, and contract complexity.
Network developers are also studying mechanisms that reclaim some advantages of UTXOs. EIP-8141 would notably propose a new transaction format to improve account abstraction and prepare for the adoption of more resilient signature systems.
The cryptographic threat also concerns Bitcoin Adam Back’s statement responds to a warning issued by Justin Drake, an Ethereum Foundation researcher. Drake believes that advances in artificial intelligence could accelerate the discovery of methods capable of weakening elliptic curve cryptography.
In his most pessimistic scenario, an attack could become feasible “within months, not years”. Therefore, Drake recommends gradually preparing the transfer of funds to addresses whose public key has never been exposed.
However, no practical attack of this type has yet been demonstrated. Yehuda Lindell, head of cryptography at Coinbase, has stated that there is currently no indication of a weakening of the mathematical assumptions protecting these signatures.
More importantly, the choice between UTXO and accounts does not alone resolve this threat. Both Bitcoin and Ethereum use the ECDSA algorithm to authorize certain transactions. If a method did exist to retrieve a private key from an exposed public key, both networks would be affected.
The UTXO model nevertheless offers Bitcoin a practical advantage: best practices encourage generating a new address after each payment, which can reduce public key exposure. This advantage disappears when users reuse their addresses.
An old criticism, but an unproven warning Adam Back holds genuine legitimacy in the history of cryptography. His Hashcash system, presented in 1997, inspired Bitcoin’s proof-of-work mechanism. Satoshi Nakamoto also cited him in the network’s whitepaper.
This expertise is nevertheless insufficient to retrospectively confirm his claim. In the absence of dated archives, it remains impossible to establish to whom Back addressed his warning, when, and about which specific risk.
The most rigorous conclusion remains nuanced: Adam Back has criticized Ethereum for a long time, but his claim of having warned its creators against their account model remains publicly unsubstantiated.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Ethereum’s long-running split between its base layer and its rollups took a concrete step toward closing on October 5, 2026, when Eduardo Antuña Díez, a core contributor to the Ethereum Economic Zone (EEZ), published evidence of an atomic Layer 1 to Layer 2 transaction settled on Ethereum mainnet.
In the post, Antuña Díez wrote that atomic synchronous composability was “no longer a promise,” and described the execution as the first atomic cross-chain transfer of that kind from L1 to L2, calling it only the start of the EEZ effort.
The demonstration matters because most movement between Ethereum and its scaling networks still depends on bridges or deposit-and-wait flows.
Those paths introduce delay, extra fees, and the risk that one side of a multi-step action completes while the other does not.
An atomic cross-layer transaction is built to remove that gap: related calls on the base chain and on a connected rollup either all succeed together or all revert together.
Nothing is left half-finished, and funds are not stranded waiting for a later confirmation.
Reporting that followed the announcement examined the on-chain record and described a small technical proof rather than a consumer product launch.
Logs showed a cross-layer call carrying 0.001 ETH together with a rollup state update, both packaged so they landed under the same Ethereum block ordering.
Subsequent coverage framed the operation as proof that the linked actions could be coordinated inside one all-or-nothing unit, with Ethereum’s own block production determining the final sequence.
The EEZ is a rollup framework advanced with backing from Gnosis and Zisk and with support from the Ethereum Foundation.
It was introduced publicly around EthCC in Cannes in March 2026, with a stated aim of making participating rollups extensions of Ethereum rather than separate execution islands.
Under the design, a contract on an EEZ rollup can call a contract on mainnet, or on another EEZ rollup, receive the result, and continue using it inside a single coordinated transaction.
ETH remains the gas token, and settlement stays anchored to the base layer.
That model is meant to address a fragmentation problem that has grown with Ethereum’s rollup-centric roadmap.
Without synchronous composability, protocols often maintain separate deployments on each network, splitting liquidity into multiple markets and forcing users to bridge before they can act.
Gnosis co-founder Friederike Ernst has previously argued that this separation pushes teams into duplicated work.
Atomic synchronous composability is no longer a promise. History made on mainnet: the first atomic cross-chain L1->L2 transaction ever 🔥 And this is only the beginning for EEZ … 🚀 @etheconomiczone pic.twitter.com/3jFrEA6ThW
— Eduardo Antuña (@eduadiez) October 5, 2026
The EEZ pitch is the opposite: one deployment, shared liquidity, and cross-layer calls that behave more like ordinary contract calls than like asynchronous messages.
Coverage of the machinery describes a proxy-and-bundle path.
A cross-layer call is routed through a proxy, simulated, and packed into a synchronized bundle tied to a single Ethereum block, then submitted to an EEZ contract on Layer 1.
The project has also pointed to zero-knowledge proving, including work associated with Zisk, as part of how Layer 2 execution can be checked tightly enough for the Layer 1 action to depend on it.
In the weeks before the mainnet test, the team was reported to be preparing audits, working on live blob encoding, and testing against applications such as CoW Swap and Uniswap v4.
An earlier September demonstration, shared by Gnosis co-founder Martin Köppelmann, showed a CoW Swap trade settled on an L2 while drawing liquidity from L1, with the bridge-out, swap, and return treated as one atomic flow on a test setting.
The October mainnet transaction is still a narrow proof.
The amount involved was 0.001 ETH, and the project has not presented it as production infrastructure ready for large financial flows.
Rollups that join the zone also accept Ethereum’s ordering as the source of final sequence, a trade-off that enables the lockstep behavior.
Gnosis Chain has been discussed as an early target for an EEZ-style rollup block later in 2026 or early 2027, which would be a further test of whether the design can move beyond a single demonstration.
Even with those limits, the milestone gives the synchronous-composability idea a live mainnet example instead of a research diagram. Antuña Díez positioned the result as the opening move in a broader push toward cross-layer interaction and more unified liquidity across Ethereum, rather than as a finished system.
Ethereum co-founder Vitalik Buterin has urged holders not to rush digital-wallet migrations, even as he treats faster AI-driven mathematical research as a genuine risk to the cryptography that secures wallets and chains.
His comments, posted on X on October 7, 2026, came in reply to Ethereum researcher Justin Drake, who had called for a controlled “bunker mode” after recent AI systems produced a burst of new mathematical results.
Drake’s concern is that machine-assisted math could weaken the elliptic-curve digital signature algorithm (ECDSA) that underpins Bitcoin and Ethereum wallets sooner than many security models assume.
In that framing, a public key revealed when an address first spends funds becomes a longer-term exposure.
Drake suggested a gradual shift of assets toward addresses that have never broadcast a transaction, starting with larger and more sophisticated holders, and moving residual balances after each spend.
He also warned that a hurried migration could do more harm than good.
Buterin agreed that the industry should take AI-accelerated cryptanalysis seriously and reduce reliance on schemes that might prove fragile, including some post-quantum designs based on lattices.
I don't recommend anyone scramble to move their funds to new wallets today. But we should take the risks to cryptography from AI-accelerated math seriously, and minimize our exposure to not just quantum-vulnerable cryptography, but also potentially AI-vulnerable cryptography.…
— vitalik.eth (@VitalikButerin) October 7, 2026
He noted that a common assumption—elliptic curves eventually broken, hashes and lattices remaining safe—may not hold if the next couple of years of AI-assisted math erode the concrete security of lattice constructions.
That view, he said, is one reason Ethereum’s lean roadmap has leaned toward hash-based designs where those are practical.
He also favored more conservative parameters for any lattice system, off-chain delivery of encrypted notes in privacy protocols, and off-chain multisig confirmations so that signer keys are not published on-chain.
If ECDSA were compromised earlier than expected, an off-chain multisig could degrade to the coordinator’s key rather than becoming spendable by anyone.
The operational advice was deliberately restrained.
Buterin said he does not recommend that anyone scramble to new wallets today.
Keeping funds in unused addresses is reasonable when it is easy, he wrote, but migrations themselves are hazardous.
He said he has personally lost more money to botched moves than to every hack combined.
Dragonfly’s Haseeb Qureshi separately described Drake’s note as a sober warning that ordinary mathematical progress, not only quantum computers, could overturn unproven hardness assumptions.
The security discussion landed during a sharp market drawdown.
On October 7, ether slipped below $2,600, with reported prints near $2,555 to $2,616, while bitcoin traded around $84,000 after a multi-day retreat.
CoinGlass-based tallies put crypto-wide forced liquidations in a range of roughly $550 million to $665 million over 24 hours, the large majority of them long positions.
Ether accounted for on the order of $175 million to $201 million of that total, and one Binance ETH-linked position of about $26.6 million ranked among the largest single closures.
Elevated open interest and previously positive funding had left leveraged bulls exposed when prices reversed.
Reports also cited ether ETF outflows and a jump in oil prices tied to tanker attacks near the Strait of Hormuz as part of the broader risk-off backdrop.
However, it shoudl be clear now that the two stories are only loosely connected.
Buterin’s note is a medium-term cryptographic planning argument, not a claim that wallets are broken now, and the sell-off is a leverage unwind. Together they underline a familiar tension: theoretical key risk can tempt holders into hasty operational changes at the same moment that volatile markets are already closing out crowded long bets.
The cryptocurrency market enters October 12–16 under pressure, with inflation reports and employment figures dominating the economic calendar.
Bitcoin price managed to stay around $82,900 while Ethereum continued to trade at under $2,500 and XRP was in the vicinity of $1.38 following days of declines. The Fear and Greed Index registered 56, providing a sentiment ahead of the week’s major releases
Cryptocurrency Market Outlook for Bitcoin, ETH and XRP Bitcoin’s decline followed rejection from the $86,000 to $90,000 resistance area, weakening its prospects for a recovery. Ethereum price and XRP are also having a tough week, with economic news potentially impacting demand for top digital assets.
🇺🇸 Big Week Ahead for Markets
5 Key Events Could Decide the Fed’s Next Rate Hike
1. Tuesday, ADP Weekly Employment Change:
Shows how many private-sector jobs are being added. Job growth rose 18.75% in last week’s report.
2. Wednesday, CPI Inflation:
Core inflation hit its lowest level in 5 years last month. The next reading will show whether inflation is cooling or picking up again.
3. Thursday: PPI Inflation:
Last month’s reading was hotter than expected. Another rise could mean higher costs for businesses, which may eventually be passed on to consumers.
4. Thursday: Initial Jobless Claims:
Shows how many Americans are filing for unemployment benefits for the first time, signalling whether layoffs are increasing.
5. Friday, Kevin Warsh Speech:
Markets will closely watch his comments for clues about the Fed’s next interest rate decision.
— Bull Theory (@BullTheoryio) October 10, 2026
Washington temporarily lifted sanctions on Russian fuel after announcing a diesel supply agreement Friday. Lower fuel prices could ease inflation pressures, although renewed attacks on energy infrastructure could interrupt supplies.
U.S. stock exchanges remain open Monday, while banking and bond trading face the Columbus Day holiday. The cryptocurrency market continues trading, leaving digital assets exposed to developments before the main economic releases.
ADP Employment and Inflation Reports Lead the Calendar Tuesday’s ADP employment update will offer another indication of whether private employers are increasing recruitment or slowing hiring. Its previous release recorded average weekly gains of 23,750 jobs during the four weeks ending September 19.
The rolling estimate provides a timely employment signal, although preliminary figures can change as more information becomes available. Stronger hiring could reinforce expectations for restrictive policy, while weaker employment growth could encourage caution.
The Bureau of Labor Statistics will release September’s Consumer Price Index on Wednesday, October 14. Investors will be looking for relief in underlying price pressures, as indicated by core inflation—excluding food and energy. A softer reading could reduce tightening concerns, although expensive energy may continue supporting headline inflation.
Thursday brings the Producer Price Index, which tracks selling prices received by domestic producers for their output. Rising costs could complicate the inflation outlook if companies pass higher expenses to consumers.
Initial unemployment claims also arrive Thursday, measuring how many Americans apply for jobless benefits for the first time. Higher claims could indicate increasing layoffs, giving policymakers another signal about conditions across the labor market.
Kevin Warsh Remarks Could Influence Rate Expectations Federal Reserve Chair Kevin Warsh will join IMF Managing Director Kristalina Georgieva for a fireside discussion Friday. The appearance follows the inflation releases, giving markets an opportunity to assess his interpretation of the latest figures.
His remarks may impact on borrowing costs in addition to shaping demand throughout the cryptocurrency market place. Investors will pick up on his inflation risk, employment and future monetary policy views.
Fedwatch The CME FedWatch shows an 82.3% chance that Federal Reserve officials will leave rates unchanged on Oct. 28. The same applies to the chances of a quarter-point increase from the current target rate range of 3.75% to 4.00%, which are also 17.7%.
Ethereum price held above $2,500 support as Bitcoin remained above $83,000 and XRP traded at $1.40. Fundstrat’s Tom Lee forecast Ethereum would exceed $5,000 before the year ends.
This week’s key crypto events include ADP employment data, consumer inflation, producer inflation, jobless claims, and Federal Reserve remarks. Those releases could influence interest rate expectations and trading sentiment across major digital assets.
Tom Lee Sees Ethereum Breaking $5,000 Before Year End The Ethereum price outlook for the long term could surpass $5,000 before year-end, according to co-founder and BitMine chairman Tom Lee. He outlined the forecast in a Coinage interview, expressing confidence that ETH could reach a new record.
Reaching the projected level from that would require a gain of approximately 99.3%. With fewer than three months remaining in 2026, Lee’s outlook implies Ethereum could nearly double before December ends.
Tom Lee is calling for $ETH to break above $5,000 before the end of 2026.
That would put Ethereum back at a major milestone.
Can ETH deliver before year-end? https://t.co/u4HYey2sXJ
— That Martini Guy ₿ (@MartiniGuyYT) October 11, 2026
Lee pointed to Ethereum’s extended trading range as a foundation for a potential breakout. He argued that years of consolidation could support a larger advance once the cryptocurrency moves beyond previous highs.
CoinMarketCap records Ethereum’s previous peak near $4,954, reached in August 2025. A rise beyond Lee’s target would put ETH above that historical record.
Lee also linked Ethereum’s potential gains to Bitcoin’s performance. Under that scenario, he projected ETH around $7,500 if Bitcoin price reaches $100,000.
Factors That Could Help Ethereum Price Hit $5K This Year The Ethereum price could approach $5,000 this year if a broader crypto market surge strengthens investor demand. Bitcoin breaking above $120,000 could inspire sentiment and result in capital rotation to ETH.
Renewed spot Ethereum ETF inflows and corporate purchases could support stronger institutional demand. Ethereum’s roadmap targets Glamsterdam for Q4 2026, with changes designed to improve scalability and efficiency.
Source: Sosovalue data More staking may lead to lower readily tradable supply, and higher network activity may lead to higher ETH burning. If the CLARITY Act passes, clearer U.S. crypto regulations could encourage greater institutional participation and investment.
Ethereum Price Eyes $2,640 Soon as Analyst Flags Bullish Setup The ETH price could rise toward $2,640 if it sustains a close above $2,520, analyst Ali Charts said. He identified a possible Adam and Eve bottoming pattern on Ethereum’s 10-minute timeframe.
ETHEREUM: SUNDAY BREAKOUT?
On the 10-minute chart, Ethereum appears to be forming an Adam and Eve bottoming pattern.
The key level I’m watching is the neckline at $2,520.
A sustained close above this level could confirm a bullish breakout and open the door for $ETH to rally toward $2,640.
— Ali Charts (@alicharts) October 11, 2026
The $2,520 neckline remains the key resistance level for confirming a bullish breakout. The projected target sits $120 above the neckline, representing a potential gain of roughly 4.8%. The setup isn’t confirmed until Ethereum is strong above that level.
Top cryptocurrencies have pulled back this month as investors booked profits following the rallies seen in August and September. Bitcoin (CRYPTO: BTC) retreated to $83,350 on Sunday, down from its September high of $87,200.
Ethereum (CRYPTO: ETH) also slipped to $2,533 from its September peak of $2,806, while XRP (CRYPTO: XRP) fell to $1.4093 from a high of $1.6555. The market capitalization of all coins has dropped from over $2.9 trillion in September to $2.8 trillion.
XRP, Bitcoin, and Ethereum ETF Inflows Have ReversedThere are signs that American investors are starting to book profits after the recent surge. Data shows that spot Bitcoin ETFs have had over $388 million in outflows this month. This is a big reversal after the funds added $2.65 billion in October and $3.52 billion in the previous month.
Ethereum ETFs have also suffered outflows in the last nine consecutive days. They have shed over $634 million this month after adding $832 million in September and $1.85 billion a month earlier.
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XRP funds have done better, adding $12.09 million this month. They had over $121 million in inflows in September and $159 million in August. ETFs of other altcoins like Dogecoin, Hedera, and Zcash (CRYPTO: ZEC) have also had outflows.
More data shows that futures open interest has slipped in the past few days. It has dropped from a high of $158 billion on September 21 to the current $142 billion.
US Bond Yields and Inflation ReportThe ongoing price action happened as US bond yields continued rising. Data shows that the ten-year yield jumped to the highest level in over two decades. It rose to a high of 5.36%, up sharply from the year-to-date low of 3.92%.
Bitcoin and other risky assets tend to underperform the market whenever bond yields are rising. This also explains why gold and other precious metals have pulled back in the past few weeks.
The focus now is in the upcoming US consumer inflation report, which will provide hints on what to expect from the Fed. Economists expect the upcoming report to show that inflation continued rising last month. Precisely, the estimate is that the CPI rose to 3.6%, while the core CPI rose to 2.6%.
These reports are important because they will have an impact on the Federal Reserve. Even so, because of the weak nonfarm payrolls report, economists expect the bank to leave rates unchanged between 3.75% and 4% in this meeting.
Read Next
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Ethereum traded near $2,500 on October 11, recovering after a turbulent week that affected major cryptocurrencies. This rebound came as Bitcoin approached $81,000 and Solana hovered close to $110, underscoring ongoing volatility across the crypto market.
Key resistance centered around $2,600Market analyst Petar Jovanović marked the $2,550 to $2,600 area as Ethereum’s critical resistance in the near term. Successfully breaching this zone could reinforce ETH’s technical profile and set the stage for a move to $2,650 or even $2,700.
Earlier in October, Ethereum surpassed $2,700 before facing selling pressure that pushed its price below $2,600 and down to $2,405. Buyers then stepped in, driving a recovery toward the psychologically significant $2,500 level.
Despite the rebound, technical indicators remain mixed. The relative strength index has shown some improvement, and the MACD histogram posted a brief shift into positive territory. Yet, declining histogram bars indicate that buying enthusiasm could already be losing momentum.
ETF flows and institutional sentimentInstitutional sentiment appears divided between major cryptocurrencies. U.S. spot Ethereum ETFs saw withdrawals of about $201.9 million on October 6. In contrast, Bitcoin ETFs reported net inflows of approximately $118.8 million during the same period.
This split in ETF flows highlights a more selective approach among investors when allocating capital to digital assets. Ongoing outflows from Ethereum products suggest that institutional support for ETH remains fragile, which could limit its capacity for a sustained rally unless direct spot demand improves further.
AssetETF Flows, Oct 6Price MovementEthereum-$201.9 millionRecovered to $2,500Bitcoin+$118.8 millionApproached $81,000SolanaN/ANear $110Derivatives market and staking trendsThe risk profile for Ethereum has also been influenced by developments in the derivatives market. Liquidations of leveraged positions reached $165 million during the most recent downturn, reflecting the rapid cascade effects that can occur in volatile conditions.
On-chain dynamics remain a subject of close attention. More than one-third of Ether’s circulating supply has been committed to staking. While this staking activity reduces the amount of ETH available on exchanges, analysts caution that lower exchange balances and staking rewards do not automatically result in a higher market price.
Mini dictionary: MACD histogram, a technical analysis tool that shows the difference between the MACD line and its signal line to identify shifts in market momentum.
Short-term technical indicators on Ethereum remain mixed. The $2,550–$2,600 region stands out as a crucial resistance area, and sustained buying pressure will be required to confirm further upside potential.
Crypto markets had plenty to discuss this week, from a long-range Bitcoin forecast to shifting ownership patterns among governments. Corporate strategy, cybersecurity and exchange-traded funds also entered the conversation.
Analysts and industry executives offered competing signals: optimism about Bitcoin’s future, caution over dilution, concern about artificial intelligence and disappointment surrounding Dogecoin’s short-lived ETF experiment.
Bitcoin’s $500,000 PossibilityStrive CEO Matt Cole said Bitcoin could reach $500,000 by 2030, citing rising U.S. debt, potential Treasury bond market intervention and a weakening dollar. Speaking on the "What Bitcoin Did" podcast, Cole predicted the dollar could suffer its largest decline of the Bitcoin era within three to seven years.
Read the full article here.
Strategy’s Dilution ChallengeTD Cowen lifted its Bitcoin forecast to $109,000 but kept its price target for Strategy at $260. Analysts Lance Vitanza and Jonnathan Navarrete said the company’s capital structure could reduce the per-share benefit investors might otherwise receive from a higher Bitcoin price.
Read the full article here.
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Governments Expand Bitcoin HoldingsCryptocurrency analyst Willy Woo said nation-state adoption of Bitcoin has outpaced individual ownership. Woo referenced data from Bitcoin-focused company River, showing that the number of countries holding Bitcoin increased from two in 2016 to as many as 23 in 2025.
Read the full article here.
Buterin Flags AI-Related Cryptography RisksEthereum co-founder Vitalik Buterin urged the crypto industry to take "AI-accelerated attacks" seriously. In an X post, he said artificial intelligence could speed mathematical advances enough to weaken lattice-based cryptography, which is considered more resistant to quantum attacks.
Read the full article here.
Dogecoin ETF Heads Toward ShutdownBitwise CEO Hunter Horsley called the firm’s spot Dogecoin ETF "tragic" as trading is scheduled to end after Oct. 14, less than one year after its November 2025 launch. Horsley said, "I like Dogecoin, I own Dogecoin," but added that the token "went nowhere as an ETF."
Read the full article here.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
In brief U.S. spot Bitcoin ETFs are down a net $386.3 million for October after Wednesday’s $484.9 million exit, their worst day since June, despite a $21.1 million inflow on Friday. Ethereum ETFs extended their outflow streak to nine days, losing $635 million in October and nearly $700 million over the full streak. Solana ETFs are also negative for the month, at a loss of $24.8 million after five straight days of outflows “Uptober” isn’t living up to its name for crypto ETFs.
U.S. spot Bitcoin ETFs took in $21.1 million on Friday, according to Decrypt’s ETF tracker. That’s a modest bounce after back-to-back outflows of $484.9 million on Wednesday and $244.1 million on Thursday. Even so, the funds are down a net $386.3 million through the first seven trading days of October.
Myriad: How low will Bitcoin go? Click to make your prediction.Bitcoin and other crypto asset ETFs allow investors to gain exposure to digital currencies without using crypto exchanges or wallets. These funds track the price of the asset and trade like stocks on a brokerage app. They’ve been very successful since their launch, and flows in and out of the funds have become a reliable measure of current market sentiment.
The month started strong, with $292.6 million in inflows across Oct. 1 and 2. A $118.8 million inflow on Oct. 6 couldn’t offset the selling that followed, and Wednesday’s exit was the funds’ worst day since June.
Bitcoin ETF flows. Image: DecryptThat’s a sharp reversal from September. After the Senate’s failed cloture vote on the Clarity Act triggered heavy outflows in mid-September, Bitcoin ETFs reeled off a nine-session inflow streak worth roughly $3 billion. That run pushed 2026’s year-to-date flows back into positive territory.
Ethereum ETFs have fared worse. The funds shed $56.1 million on Friday, extending their outflow streak to nine straight trading days.
Ethereum ETF flows. Image: DecryptThey’ve lost $635 million so far in October and nearly $700 million over the full streak, with the heaviest single-day exit, $201.9 million, coming on Oct. 6. Cumulative net inflows since launch stand at $13.2 billion, and total net assets are $14.5 billion.
Solana ETFs are also in the red for October, though on a much smaller scale. The funds lost $3.8 million on Friday, their fifth straight day of outflows, bringing October’s net total to a loss of $24.8 million. Their only inflow this month was $1.3 million on Oct. 2. Cumulative net inflows stand at $137.9 million.
For Bitcoin ETFs, cumulative net inflows since launch total $57.6 billion, and the funds hold $100.6 billion in total net assets, according to Decrypt’s tracker.
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In brief U.S. spot Bitcoin ETFs are down a net $386.3 million for October after Wednesday’s $484.9 million exit, their worst day since June, despite a $21.1 million inflow on Friday. Ethereum ETFs extended their outflow streak to nine days, losing $635 million in October and nearly $700 million over the full streak. Solana ETFs are also negative for the month, at a loss of $24.8 million after five straight days of outflows “Uptober” isn’t living up to its name for crypto ETFs.
U.S. spot Bitcoin ETFs took in $21.1 million on Friday, according to Decrypt’s ETF tracker. That’s a modest bounce after back-to-back outflows of $484.9 million on Wednesday and $244.1 million on Thursday. Even so, the funds are down a net $386.3 million through the first seven trading days of October.
Myriad: How low will Bitcoin go? Click to make your prediction.Bitcoin and other crypto asset ETFs allow investors to gain exposure to digital currencies without using crypto exchanges or wallets. These funds track the price of the asset and trade like stocks on a brokerage app. They’ve been very successful since their launch, and flows in and out of the funds have become a reliable measure of current market sentiment.
The month started strong, with $292.6 million in inflows across Oct. 1 and 2. A $118.8 million inflow on Oct. 6 couldn’t offset the selling that followed, and Wednesday’s exit was the funds’ worst day since June.
Bitcoin ETF flows. Image: DecryptThat’s a sharp reversal from September. After the Senate’s failed cloture vote on the Clarity Act triggered heavy outflows in mid-September, Bitcoin ETFs reeled off a nine-session inflow streak worth roughly $3 billion. That run pushed 2026’s year-to-date flows back into positive territory.
Ethereum ETFs have fared worse. The funds shed $56.1 million on Friday, extending their outflow streak to nine straight trading days.
Ethereum ETF flows. Image: DecryptThey’ve lost $635 million so far in October and nearly $700 million over the full streak, with the heaviest single-day exit, $201.9 million, coming on Oct. 6. Cumulative net inflows since launch stand at $13.2 billion, and total net assets are $14.5 billion.
Solana ETFs are also in the red for October, though on a much smaller scale. The funds lost $3.8 million on Friday, their fifth straight day of outflows, bringing October’s net total to a loss of $24.8 million. Their only inflow this month was $1.3 million on Oct. 2. Cumulative net inflows stand at $137.9 million.
For Bitcoin ETFs, cumulative net inflows since launch total $57.6 billion, and the funds hold $100.6 billion in total net assets, according to Decrypt’s tracker.
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U.S. spot Bitcoin exchange-traded funds (ETFs) recorded significant outflows this month, marking a notable shift in sentiment among crypto investors. Data from Decrypt’s ETF tracker shows these funds faced back-to-back redemptions, including a $484.9 million exit on Wednesday, their steepest daily withdrawal since June.
Bitcoin ETFs reverse course in OctoberDespite a brief recovery with $21.1 million in inflows on Friday, U.S. spot Bitcoin ETFs finished the first seven trading days of October with a net outflow of $386.3 million. The modest gain failed to compensate for large withdrawals earlier in the week, particularly following Wednesday’s sizable exit and an additional $244.1 million lost on Thursday.
Bitcoin ETFs provide a way for investors to participate in the digital asset market without directly holding cryptocurrencies or managing private wallets. The products mirror the price of Bitcoin and are traded on regular brokerage platforms, attracting both institutional and retail investors since their debut.
October began on a positive note, as the ETFs attracted a combined $292.6 million on the first two days. Another $118.8 million flowed in on October 6. However, these early inflows were overshadowed by the subsequent downturn, erasing previous gains for the month.
ETFOctober Net FlowsLargest Single-Day OutflowCumulative Net InflowsTotal Net AssetsBitcoin-$386.3 million-$484.9 million (Wed.)$57.6 billion$100.6 billionEthereum-$635 million-$201.9 million (Oct. 6)$13.2 billion$14.5 billionSolana-$24.8 million-$3.8 million (Fri.)$137.9 millionNot disclosedETF flows reflect shifting investor sentimentAfter a strong September, the landscape changed abruptly. In mid-September, following the U.S. Senate’s failed cloture vote on the Clarity Act, Bitcoin ETFs experienced a series of outflows. However, they quickly rebounded with nine straight sessions of inflows totaling roughly $3 billion, which returned year-to-date figures into positive territory for 2026.
Flows in and out of crypto ETFs have become a reliable gauge of market sentiment, as they reflect the willingness of investors to take on or shed digital asset exposure through regulated investment vehicles.
However, the reversal so far in October suggests caution and profit-taking may be returning to the market as uncertainty persists around regulatory and macroeconomic developments.
Ethereum and Solana ETFs deepen lossesEthereum ETFs have recorded a more severe downturn. The funds posted a $56.1 million outflow on Friday, extending their loss streak to nine consecutive trading days in October. During this period, cumulative withdrawals reached nearly $700 million, with the largest single-day loss of $201.9 million taking place on October 6. Despite these losses, Ethereum ETFs still hold $14.5 billion in total net assets and have attracted $13.2 billion in net inflows since their introduction.
Solana ETFs also faced negative flows this month, though on a much smaller scale compared to Bitcoin and Ethereum. Outflows for Solana ETFs totaled $3.8 million on Friday, the fifth straight day of net redemptions. The funds’ only inflow for October, $1.3 million, occurred on October 2. Overall, Solana ETFs have lost $24.8 million so far this month, while cumulative net inflows since launch stand at $137.9 million.
Solana, a blockchain known for its fast transaction speeds and lower fees compared to some other networks, continues to attract investor attention through ETF products, but recent flow data suggests more caution among holders.
Bitcoin ETFs, despite recent negative momentum, remain the largest by net inflow at $57.6 billion since launch and currently manage $100.6 billion in assets.
Mini dictionary: Cloture vote — A cloture vote is a procedure used in the U.S. Senate to end debate on a legislative issue and bring it to a final vote. Reaching cloture usually requires a supermajority, which can be a significant hurdle for passing contentious bills.
Bitcoin, Ethereum ve XRP son günlerde sert kayıplar yaşarken büyük yatırımcılar düşüşü alım fırsatı olarak değerlendirdi. Analist Ali Martinez’in paylaştığı verilere göre balinalar, 72 saat içinde 1,2 milyar doların üzerinde Bitcoin biriktirdi. Ethereum ve XRP tarafında da dikkat çeken alımlar gerçekleşti.
Bitcoin 87.000 dolardan 81.000 doların altına gerilerken Ethereum 2.700 dolardan 2.400 dolara kadar düştü. XRP de haftalık bazda çift haneli kayıp yaşadı. Fiyatlar düşerken üç kripto paranın 4 saatlik grafiklerinde de TD Sequential göstergesi alım sinyali verdi. Şimdi asıl soru, balinaların alımları ve teknik sinyallerin bir toparlanmaya dönüşüp dönüşmeyeceği.
Bitcoin Balinaları 72 Saatte 1,2 Milyar Dolarlık Alım Yaptı Bitcoin’deki sert düşüşün arkasında spot Bitcoin ETF’lerinden para çıkışları, makroekonomik gelişmeler, kâr satışları ve ABD hükümetiyle bağlantılı büyük transferlerin yarattığı endişeler bulunuyordu. Ancak fiyat gerilerken büyük yatırımcıların davranışı farklılaştı.
Ali Martinez balinaların yalnızca 72 saat içinde 1,2 milyar doların üzerinde Bitcoin aldığını belirtti. Bu birikim, fiyatın birkaç gün içinde yaklaşık %7 gerilediği dönemde gerçekleşti.
Martinez’in dikkat çektiği bir diğer gelişme, Bitcoin’in 4 saatlik grafiğinde oluşan TD Sequential alım sinyali. Gösterge, sert düşüşün ardından olası bir tepkiye işaret ediyor. Ancak bu sinyal tek başına düşüşün sona erdiğini veya yükselişin başlayacağını kanıtlamıyor.
Ethereum Balinaları Düşüşte 166 Bin ETH Topladı Ethereum da satış baskısından kaçamadı. Fiyat, 2.700 doların üzerindeki seviyelerden 2.400 dolara kadar geriledi. Cuma günü 2.500 dolara doğru toparlanmasına rağmen haftalık kayıp yaklaşık %8 seviyesinde kaldı.
Bu süreçte Ethereum balinaları da alım yaptı. Martinez’in verilerine göre büyük yatırımcıların elindeki ETH miktarı %0,64 arttı. Bu değişim yaklaşık 166.000 ETH’lik birikime karşılık geliyor.
Ethereum’un 4 saatlik grafiğinde de fiyatın 2.550 doların altına gerilemesinin ardından TD Sequential alım sinyali oluştu. Martinez, olası bir toparlanmada 2.620–2.650 dolar aralığını gündeme getirdi.
Bu seviyeler kesin fiyat hedefleri değil, analistin değerlendirdiği olası toparlanma bölgesi. Ethereum’un bu aralığa ulaşabilmesi için satış baskısının hafiflemesi ve alıcıların piyasada kalıcı biçimde güç kazanması gerekiyor.
XRP Balinaları Düşüşte 63 Milyon Dolarlık Alım Yaptı XRP haftalık bazda çift haneli kayıp yaşamasına rağmen balinaların ilgisini çekti. Fiyatın 1,34 dolara kadar gerilemesinin ardından 1,51 dolardaki bölgeden gelen reddedilme ve sonraki geri çekilme sırasında büyük yatırımcılar yeniden alıma yöneldi.
Martinez’e göre balinalar düşüş boyunca 45 milyondan fazla XRP satın aldı. Bu miktarın değeri yaklaşık 63 milyon dolar olarak hesaplandı.
XRP’nin 4 saatlik grafiğinde de TD Sequential alım sinyali görüldü. Martinez, önceki satış sinyalinin yerel zirveye yakın oluştuğunu belirterek yeni alım sinyalinin yerel bir dip oluşturup oluşturmadığının izlenmesi gerektiğini söyledi.
Bitcoin, Ethereum ve XRP’deki balina alımları düşüş sırasında talebin arttığına işaret ediyor. Ancak fiyatlarda kalıcı bir toparlanma görülmedikçe bu birikimi yeni bir yükselişin başladığı şeklinde yorumlamak için erken.
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U.S. spot Ethereum ETFs logged a ninth consecutive session of net outflows on October 9, extending the longest redemption stretch since the funds launched, with BlackRock’s iShares Ethereum Trust (ETHA) absorbing the heaviest withdrawals. Ether traded near $2,500 on October 11, down from roughly $2,600 at the start of the month, according to Farside Investors fund-flow data and live market pricing.
The nine-session streak has pulled roughly $697 million from the funds, and the persistence of the selling — rather than any single day’s figure — is the part that matters for holders. A lone large redemption can be dismissed as one investor rebalancing, but a stretch this long points to sustained, broad-based pressure on the ether funds.
Why Ethereum ETFs Keep Bleeding The streak began after the funds’ last net inflow of about $17 million on September 28. Every trading session since has closed in the red. The heaviest day came on October 6, when $201.9 million left the category — the largest single-day outflow in weeks. The next sessions brought $160.9 million on October 7, $72.5 million on October 8, and $56.1 million on October 9, a steady decline that suggests the selling is tapering rather than accelerating.
The category has now gone more than a week without a single positive day, after the streak had already reached six sessions by October 7. The outflows have run alongside a defensive stretch for risk assets, with rising Treasury yields weighing on crypto and hitting ether harder than bitcoin.
BlackRock’s ETHA Drives the Outflows BlackRock’s ETHA has accounted for the bulk of the damage. On October 6, the fund’s $201.9 million redemption made up the entire category outflow. By October 9, ETHA’s $56.1 million withdrawal again represented essentially all of the day’s net redemptions.
Grayscale’s Ethereum Trust (ETHE), which has shed assets since converting from a closed-end fund, contributed smaller amounts on October 7 ($25.8 million) and October 8 ($6.1 million). The concentration in ETHA matters because it is the largest and most liquid spot Ether fund, so its flows act as a rough barometer of institutional sentiment toward ether — and that barometer has pointed one way all month.
The contrast with bitcoin funds is instructive. U.S. spot Bitcoin ETFs recorded a modest net inflow of about $21 million on October 9, breaking a two-day outflow streak, according to SoSoValue. Institutional money has favored bitcoin over ether through the pullback, a divergence that has kept ether underperforming the larger asset.
The split matters for the wider market read. Ether is the second-largest crypto asset, and its ETF flows have become a leading indicator of how traditional investors are positioning. Nine straight days of ether redemptions while bitcoin funds stabilize suggests the current caution is selective rather than a broad exit from crypto, but it leaves ether carrying the burden of that caution for now.
What Happens Next for Ether Ether has slipped below the $2,600 handle it held in early October and is testing the lower end of a range near $2,500. These are reference points drawn from recent trading, not forecasts.
The next flow reading lands when U.S. markets reopen on Monday, October 13. A return to net inflows — or a sharp slowdown in ETHA redemptions — would be the clearest sign the institutional selling is exhausting itself. Continued daily outflows would keep pressure on the $2,500 area that has marked the recent low.
Investors watching the tape should focus on two signals next week. The first is whether ETHA posts a fourth consecutive day of shrinking outflows, which would confirm the taper. The second is whether ether holds the $2,500 floor, since a break below it could force further de-risking in the funds that track the asset.
What remains unresolved is the reason behind the redemptions. Flow data shows what left the funds, not why. Rising Treasury yields and a broader risk-off tone have weighed on crypto through October — the same backdrop that drove a $1.1 billion liquidation flush last week — and the outflows may reflect de-risking rather than a reassessment of ether specifically.
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Star Xu, founder of global crypto exchange OKX, has stated that the divide between cryptocurrency and traditional finance is diminishing. According to Xu, crypto companies are increasingly resembling traditional financial institutions, while traditional finance is investing more heavily in crypto assets. This comment comes in the wake of OKX’s recent funding extension, which valued the company at $25 billion and attracted investments from major traditional finance players. The trend suggests that institutional capital and infrastructure are converging with crypto-native platforms, with OKX expanding into areas like tokenized traditional assets and stablecoins.
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The Ethereum market appears to be reacting to these developments with only modest changes in pricing. Current odds for Ethereum reaching $10,000 by the end of 2026 remain low, reflecting a cautious market stance. As of now, the market shows a slight 1% probability that Ethereum will hit this target. Meanwhile, the market for Ethereum to reach $3,000 by the end of the year shows a more optimistic 42% probability, indicating mixed sentiment among market participants about Ethereum’s immediate prospects.
Xu’s comments may indicate a broader acceptance of crypto assets within traditional financial systems, potentially driving future demand for Ethereum. However, current market odds suggest that participants remain cautious about significant price increases in the near term.
Key Takeaways Star Xu’s remarks suggest the merging of crypto and traditional finance, with increased institutional involvement. Market pricing implies a cautious outlook on Ethereum reaching $10,000 by year-end, with current odds at 1% YES. The Ethereum market shows more confidence in short-term prospects, with a 42% YES probability for reaching $3,000 by year-end. What to Watch Observers will be keen to monitor whether Xu’s vision of a converged financial landscape materializes further, potentially impacting Ethereum’s market dynamics. Key developments to watch include regulatory shifts, further institutional investments, and technological advancements in the crypto space. Any significant moves in these areas could align with a more supportive outlook for Ethereum’s price trajectory. Market participants will likely keep an eye on announcements from major financial institutions and updates on regulatory environments as potential catalysts for market shifts.
What Price Will Ethereum Hit Before 2027
Contract Odds Δ since publish Volume 24h December 31, 2026 0.9% — — View market → December 31, 2026 1% — — View market → December 31, 2026 1.7% — — View market → December 31, 2026 2.9% — — View market → December 31, 2026 4.5% — — View market → January 1 2027 20.5% — — View market → January 1 2027 4.5% — — View market → January 1 2027 1.1% — — View market → January 1 2027 1.1% — — View market → January 1 2027 2.6% — — View market → January 1 2027 3.9% — — View market → January 1 2027 9% — — View market → January 1 2027 8.1% — — View market → January 1 2027 2.7% — — View market → January 1 2027 1.2% — — View market → January 1 2027 5.5% — — View market → January 1 2027 41.5% — — View market → January 1 2027 12.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 25.5% — — View market → January 1 2027 50.5% — — View market → When Will Bitcoin Hit 150k
Contract Odds Δ since publish Volume 24h December 31, 2026 3% — — View market →
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Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
On the Hyperliquid platform, ETH’s 24-hour trading volume exceeded BTC’s $805 million, reaching approximately $1.1 billion. Market analysts link the surge in ETH’s trading volume to suspected exploitation of PaperTrade’s mechanisms. Earlier today, reports indicated PaperTrade was targeted for price manipulation by two wallet addresses, with clear vulnerabilities in the protocol. The two addresses conducted trades on Hyperliquid at individual sizes of around $20 million, driving ETH’s price to fluctuate by 10 to 20 basis points, while establishing long positions worth hundreds of millions of nominal dollars on PaperTrade.
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Vitalik Buterin thinks artificial intelligence just bought Ethereum a couple of decades. Speaking at the Network State Conference 2026 in Singapore, the Ethereum co-founder said AI is speeding up work on the network’s protocol upgrades by a dramatic margin.
Without it, he suggested, some of the roadmap’s goals could have taken until 2040 or even 2050 to reach.
What Buterin actually said The interview took place on October 9, 2026, and was reported the following day. Buterin’s focus was the Lean Roadmap, Ethereum’s plan to overhaul its core protocol.
His central claim: AI is now handling a substantial share of the research and coding that the roadmap requires. That includes some of the hardest work on the list.
The standout example is formal verification written in Lean 4. Lean 4 is a programming language and proof assistant used to write mathematical proofs that a computer can check line by line.
According to the research summary, AI’s contribution in Lean 4 reduces the need for people to manually audit huge volumes of code.
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The architecture AI is helping build The roadmap Buterin described is not a minor tune-up. Ethereum is moving toward an architecture built around recursive STARKs, automated formal verification and stronger quantum resistance.
A quick translation of those terms. STARKs are cryptographic proofs that let one party prove a computation was done correctly without everyone redoing it, and recursive STARKs are proofs that can verify other proofs. Quantum resistance refers to protecting the network against future quantum computers that could break today’s cryptography.
That is where AI comes in, according to Buterin. The research summary describes AI as becoming a crucial enabler as Ethereum heads toward this more sophisticated design.
Hegota and the end of “normal” forks The next milestone on the calendar is the Hegota upgrade, which is expected around 2027. It is described as the last “normal” fork in Ethereum’s history.
After that, the focus is expected to tilt toward advanced cryptographic methods and formal verification, with AI integration playing a central role.
There is already some evidence that AI can do meaningful protocol work. In early 2026, experiments produced a prototype Ethereum client covering approximately 65 roadmap items. That prototype also synchronized with the Ethereum mainnet.
Buterin’s mixed feelings about AI This is not the first time Buterin has weighed in on AI this year. Earlier in 2026, he discussed what the research summary calls AI’s dual role in crypto development.
On one side, AI can accelerate technical work. On the other, it raises security concerns about vulnerabilities, including the possibility that the same tools could help attackers find weaknesses faster.
That tension makes the formal verification angle especially interesting. If AI can generate code quickly, mathematically proving that code is correct becomes a natural safeguard against the risks AI itself introduces.
What this means for Ethereum and its stakeholders For developers, the clearest implication is a changing job description. If AI handles more of the proof-writing and code auditing, core researchers may spend more time on design decisions and less on manual verification.
Buterin’s 2040 to 2050 framing suggests he sees AI as the difference between someday and this decade.
The security question also has not gone away. Leaning on AI for critical infrastructure code raises the stakes on getting verification right, since a subtle error in a widely used blockchain can be expensive.
What to watch next: progress on Hegota, further results from AI-built client experiments, and how much of the Lean Roadmap’s formal verification ends up being machine-generated.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Miami, FL, United States, October 11th, 2026, Chainwire
EXIT HOUSE has launched on Ethereum mainnet, letting people permanently exit Ethereum NFTs and ERC-20 tokens they no longer want in return for EXIT, its new ERC-20 token. Holders exit an eligible asset from their own wallet at https://exit.house, and the EXIT reward arrives in the same transaction.
The protocol went live on Oct. 9 at 18:27 UTC, opening a 30-day Launch Month. Until Nov. 8 at 18:27 UTC (1:27 p.m. EST), each exit pays 1,000 EXIT for every $1 of the asset’s qualifying value. After that, the rate is 100 EXIT per $1. Exiting an NFT valued at $250, for example, pays 250,000 EXIT during the Launch Month.
Many NFTs and tokens sit in wallets with thin markets and little chance of recovering their past highs. EXIT HOUSE offers a way out: the asset is retired on-chain for good, and its holder receives a predictable amount of EXIT based on its market value.
Each exit follows the same steps. The holder connects any Ethereum wallet, with no account needed, and chooses an eligible NFT or an amount of an eligible token. EXIT HOUSE’s pricing service then signs a quote that fixes the asset’s value, the reward rate and the exact EXIT reward. The quote is bound to the holder’s wallet and the asset, and it expires within minutes.
The holder approves the asset and exits it, paying the exit fee in ETH. Within the exit transaction, the ExitRouter contract checks the quote and the limits, the asset is burned or sent to 0x…dEaD, an address no one controls, and the reward is paid. If any check fails, nothing happens. EXIT HOUSE never holds the asset, and an exit can’t be undone.
“Not everything is meant to be held forever,” said Anthony Anger, founder of EXIT HOUSE. “Most of us hold NFTs and tokens we gave up on long ago. EXIT HOUSE gives them a clean exit: you see the value and your exact reward before you sign, the limits are enforced on-chain, and the asset is retired for good.”
NFTs can exit from any ERC-721 or ERC-1155 collection that was live on OpenSea before Oct. 1, 2026, and has had at least five sales in the past 30 days. Each NFT follows its collection’s rules. An ERC-20 token deployed on Ethereum before that date can exit if it has a Chainlink price feed or a Uniswap market holding at least $250,000. NFTs that are financial positions, such as Uniswap liquidity positions and Lido stETH withdrawal NFTs, are excluded, as is EXIT itself.
Values come from market data. An NFT is valued at the higher of its collection’s OpenSea floor price and best collection offer, capped at twice the collection’s 30-day average sale price and converted with Chainlink’s ETH/USD feed. When no trustworthy price exists, EXIT HOUSE shows the asset as price unavailable rather than estimating one.
On-chain limits apply to every exit: a $0.10 minimum and a $5,000 cap on qualifying value per exit, $25,000 per wallet per day, $10,000 per collection or token per day, and 100 million EXIT in rewards per day across the protocol.
Each exit carries a fee of 2% of its qualifying value, paid in ETH on top of gas. Half deepens the EXIT liquidity pool and half goes to the EXIT HOUSE treasury; the fee doesn’t reduce the reward. On a $250 NFT, the fee is $5.
EXIT has a fixed supply of 10 billion tokens, all minted once at launch. The token has no mint function and rejects any upgrade that changes its cap. The supply is split 45% for exit rewards, 15% for staking rewards, 15% for the founder, 10% for liquidity, 10% for the protocol treasury and 5% for the ecosystem.
Exit rewards are paid only from released tranches of 300 million EXIT. The next tranche releases automatically when 30 million or less is left, at most once a day. The founder’s allocation unlocks 1% of supply at launch and 1% a month after that, fully vested 14 months after launch, and its schedule can never be accelerated.
Holders can stake EXIT for fixed terms of 7, 45, 75, 150, 270 or 360 days. Each term pays a fixed reward set when the position opens, from 0.7% for 7 days to 40% for 360 days, paid in EXIT at maturity. These are term yields, not annual rates. Principal stays locked until maturity, and a position opens only if its full reward is already funded.
EXIT trades on Uniswap. On Oct. 9, EXIT HOUSE opened a Uniswap v3 EXIT/WETH pool at the 1% fee tier with 600 million EXIT, at an opening price of $0.0005 per EXIT. The liquidity half of every exit fee is added to that pool as ETH.
The protocol is governed by the EXIT HOUSE multisig, a Safe, acting through a 48-hour public timelock. Upgrades and changes to limits, assets, quote signers, staking terms and treasury withdrawals all wait out that delay and appear on the Protocol page before they take effect. Pausers can stop exits or new stakes at once, but they can’t move funds.
EXIT, the ExitRouter and the staking contract are upgradeable so that defects can be repaired, and every upgrade passes through the same timelock. No admin function can withdraw staked EXIT or pause claims of matured stakes; changing that would take a public, timelocked upgrade. The quote-signing key is held in AWS Key Management Service and never leaves it. A bug bounty program is planned after launch.
EXIT HOUSE is available now at exit.house with any Ethereum wallet. The EXIT token contract on Ethereum is 0x3E28C426521Dc27e97CC3f73FAd041a10D885c19. Contract addresses, versions and governance actions are published at exit.house/protocol, and the whitepaper is at exit.house/whitepaper. Updates are posted on X at @exit__house.
About EXIT HOUSE
EXIT HOUSE lets people permanently exit eligible NFTs and ERC-20 tokens for transparent value and receive EXIT through a protocol on Ethereum. EXIT is an ERC-20 token with a fixed supply of 10 billion that holders can keep, trade or stake for fixed terms. EXIT HOUSE was founded by Anthony Anger. Learn more at exit.house.
Important information
EXIT is a utility token for use within EXIT HOUSE. It is not an investment contract or a promise of profits, and nothing in this release is financial, legal or tax advice. Exits are permanent, EXIT’s market price can change, and access may be restricted in some jurisdictions. Full disclosures are at exit.house/risk and in the Terms and Conditions.
Spot ETFs backed by ether recorded $542.1 million in net outflows last week. This is their worst weekly performance since January. The trend is also continuing on Solana, whose ETFs have just ended fourteen consecutive weeks of net inflows.
In brief Ether ETFs lost $542.1 million in one week, a record since the week ended January 23. Withdrawals extend over nine sessions and reach $697.2 million since September 29. BlackRock’s ETHA fund accounts for 88% of outflows. Solana ETFs lost $24.8 million, while Bitcoin funds also ended their inflow streak. Nine consecutive sessions of outflows The reversal occurred at the end of September. On the 28th, Ether ETFs were still attracting $17.1 million. The very next day, investors changed course. This shift coincides with the end of the nine-day inflow streak of Bitcoin funds.
Since September 29, withdrawals have reached $697.2 million over nine sessions. Last week alone concentrated $542.1 million in net outflows. You have to go back to the week ended January 23, marked by $611.2 million in withdrawals, to find such a negative record (SoSoValue data). Tuesday was particularly heavy in this result, with $201.9 million in outflows.
This series is now among the longest since the launch of spot Ether ETFs. It ties the one observed from June 17 to 30. The record remains seventeen consecutive sessions, between May 11 and June 3, totaling $900.1 million withdrawn.
BlackRock concentrates the bulk of withdrawals Not all funds are under the same pressure. ETHA, BlackRock’s product, recorded $477 million in outflows over the week, about 88% of the total. This is its worst weekly performance since mid-December 2025 and the third worst since its launch in July 2024.
The fund lost capital in five sessions. On Tuesday, withdrawals reached $201.9 million, its worst daily result since January 21. For comparison, Grayscale’s ETHE fund recorded $31.9 million in outflows.
ETHA now manages $8.64 billion in net assets, compared to $12.79 billion cumulative inflows since its creation. Thus, the gap reaches $4.15 billion. Meanwhile, the total assets under management of all Ether ETFs declined by 10% over the week to $15.71 billion. Cumulative net inflows since January also dropped to $931.8 million, versus $1.47 billion a week earlier.
Trading volume, however, rose to $5.18 billion. This pressure on Ether ETFs is part of a larger move, as Bitcoin funds also recorded significant outflows.
Solana ETFs lose their momentum Solana is not exempt from this trend. Its ETFs recorded outflows during all five sessions of the week, a first streak of this length since their launch. In total, they lost $24.8 million, nearly three times their previous weekly outflow record, set at $8.9 million in early February (SoSoValue data).
Bitwise’s BSOL fund accounts for the bulk of these withdrawals, with $20.9 million, or 84% of the total. This development also ends fourteen consecutive weeks of net inflows, the longest streak since these products arrived in October 2025.
The reversal comes two weeks after a peak of $188.2 million of weekly inflows. At the same time, assets under management fell back to $1.73 billion, compared to a record of $1.96 billion reached on September 25. In total, the Bitcoin, Ether, and Solana ETFs lost about $1.25 billion last week.
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Fenelon L.
Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Perspective: Bitcoin has entered a phase of intensified potential selling pressure, with whether subsequent demand can absorb this pressure being the key.
Crypto analyst Darkfost posted on X that Bitcoin has entered a phase of sharply intensifying selling pressure. Notably, this refers to potential selling pressure, not actual realized selling activity. The “Seller Exhaustion Indicator” combines profitable supply and volatility (returns) to distinguish between market risk and stable phases, serving as a valuable metric for short-term market analysis. As the recent rally pushed Bitcoin’s price above $85,000, the indicator signals the market is entering a stage where selling pressure could escalate. The indicator’s shift has been quite sudden, especially evident among short-term holders. Since volatility tends to weaken over time, excessive focus on specific numerical values is unwarranted, though the overall trend is clear. Currently, the indicator has hit a critical level matching the one that signaled a local top in this cycle. Moving forward, it remains to be seen whether market demand can improve to limit potential pullbacks; if volatility contracts accordingly, that would also help the indicator return to normal.
47 minutes ago
Analysis: Papertrade did not adopt Hyperliquid’s official oracle pricing mechanism, enabling a trader to manipulate the system and earn $1.28 million in profits.
According to Butler’s monitoring, Papertrade was exploited by an address to earn around $1.28 million in profits just roughly 8 hours after its launch. The same trader has accumulated over $13 million in historical profits on Hyperliquid, with a trading volume of $14 billion. Since Papertrade prices its trades based on Hyperliquid’s real-time ETH price, the attacker repeatedly opened large long and short positions on Papertrade while trading ETH on Hyperliquid, briefly pushing prices up or down before closing positions for gains. Data shows the trader executed a total of 305 trades, 296 of which were profitable, giving a win rate of approximately 97%. The average holding time was just 98 seconds, with cumulative trading profits peaking at $1.73 million. However, the attacker later opened 30 short positions on Papertrade at $2507.35, with a notional value of around $297 million, and sold roughly 6,600 ETH on Hyperliquid to drive the price down to $2504.4, but this attempt to close the positions failed. Afterward, ETH’s price rose to $2509.95, triggering full liquidation of the 30 short positions, resulting in a loss of roughly $450,000. The attacker ultimately netted approximately $1.28 million in profits. The Papertrade team may have curbed the attack by blocking the attacker’s position closures, but this is only speculation and has not been confirmed. Analysts noted that if the platform continues to directly use Hyperliquid’s BBO (Best Bid Offer) as its pricing basis, underlying manipulation risks will remain. They recommend adopting Hyperliquid’s official oracle price, which aggregates quotes from multiple trading platforms, to reduce risks from manipulation of a single order book.
47 minutes ago
Aggressive inflows into Papertrade’s 1000x leverage trading: Over 75% of traders have been liquidated, with total liquidation volume exceeding $20 million.
According to TradingBeats' monitoring, since Papertrade opened trading at 22:00 on October 10, a total of 7,962 addresses have opened positions, with 5,836 of them having used 1000x leverage, accounting for roughly 73.3%. These addresses cumulatively opened 61,222 1000x leveraged positions, and the high leverage risk has materialized rapidly. Of these, 4,395 addresses have experienced at least one liquidation of a 1000x position, making up 75.3% of all addresses that used 1000x leverage; a total of 12,657 1000x leveraged positions were liquidated, resulting in isolated margin losses of approximately $20.0771 million, including around $8.0006 million in BTC positions and $12.0764 million in ETH positions. Over the same period, 4,861 addresses across the entire platform had positions liquidated, with a total of 14,158 liquidated positions and isolated margin losses of about $23.1162 million. 1000x positions accounted for roughly 89.4% of total liquidation counts and 86.9% of total liquidation margin losses. The median holding time of liquidated 1000x positions from opening to liquidation was just 7 minutes and 35 seconds. The official noted that a 1000x leveraged position may trigger liquidation and lead to the loss of the entire isolated margin if a reverse price movement of approximately 0.052% occurs.
47 minutes ago
A trader went long on STRK yesterday, currently holding an unrealized profit of $850,000.
According to YuEmber monitoring, a new wallet spent 440,000 USDC to go long on STRK on Hyperliquid yesterday morning. STRK subsequently rose more than 50%, generating an unrealized profit of $850,000 for the wallet within a day.
47 minutes ago
Viewpoint: Papertrade Suspected of Being Exploited for Price Manipulation by Two Addresses, Protocol Has Obvious Vulnerabilities
A user named Boblob on X has posted that two wallet addresses are actively exploiting the Papertrade protocol. These addresses, which execute trades on Hyperliquid with each transaction totaling approximately $20 million, have caused ETH price swings of around 10 to 20 basis points and built long positions on Papertrade with a nominal value of hundreds of millions of dollars. The user argues this exposes a critical vulnerability in the current Papertrade protocol that requires urgent fixing, as failure to do so would undermine its long-term sustainability. The claim remains a unilateral allegation from the user at this stage.
47 minutes ago
Filecoin's genesis token vesting program is ending, cutting annual unlocked FIL supply by 68 million tokens.
Filecoin is set to conclude its six-year genesis token vesting plan, ending the regular annual release of around 68.3 million FIL, with block rewards becoming the primary ongoing source of its new token supply. Calculations based on Lotus supply accounting code and the latest mining data from Filfox show the total annual new token supply from vesting releases and block rewards is projected to drop by roughly 77%, from 88.9 million FIL per year to 20.6 million FIL. The post-vesting data is annualized from the past 24 hours of output, intended solely to compare current annualized supply rates and not a forecast of next year’s block rewards. Per Filecoin’s published token allocation plan, Protocol Labs (including its team and contributors) was allocated 300 million FIL, while the Filecoin Foundation received 100 million FIL. The combined six-year allocation plan releases around 66.7 million FIL annually. Lotus’ supply accounting code also includes an additional 9.8 million FIL in the same six-year vesting category, bringing the annual planned release to roughly 68.3 million FIL. The relevant code calculates the vesting plan starting from the network’s liftoff epoch, divided into six cycles of 365 days each. Thus, based on Filecoin mainnet parameters and recorded genesis block data, the plan is set to conclude on October 14, 2026.
The overall crypto market is currently going through a bearish phase, but Ethereum [ETH] still managed to lead the stablecoin market cap growth over the past week.
According to Token Terminal data, Ethereum’s stablecoin market capitalization increased by $243.4 million, followed by Arbitrum One with $108.6 million and Base with $51.1 million.
Together, these three networks recorded a $403.1 million increase in stablecoin market capitalization in the past seven days.
Source: Token Terminal Ethereum is making headlines but… However, this growth does not automatically mean that more users are entering these networks or there will be an increase in price.
This is because ETH was trading at $2,492.27 at press time after a modest drop in the past 24 hours but a 7.1% drop in the past week. Interestingly, this comes soon after a recent report by AMBCrypto, which highlighted that ETH has found a new support around $2,535–$2,559, with $2,565 emerging as a key level to watch.
At the same time, the RSI was trading slightly above the neutral line, suggesting that the bulls were there but not that strong. Whereas, the narrowing Bollinger bands hinted at low volatility and price consolidation.
Meanwhile, the ETH ETFs saw outflows worth $634.80 million in October so far.
Source: SoSo Value Are the metrics too bleak at the moment? Additionally, Ethereum’s derivatives market for the month of October further suggests that leveraged positioning is beginning to cool.
Source: Santiment According to the chart, Ethereum’s total Open Interest (OI) in USD rose sharply from around $12 billion in mid-August to nearly $18 billion in late September, indicating increased capital committed to outstanding ETH futures and derivatives positions.
However, OI subsequently declined, reaching approximately 15.42 billion by the 10th of October. Meanwhile, the Network Realized Profit/Loss indicator fluctuated around zero during October, with occasional positive and negative spikes before nearing -121K.
So, for Ethereum, the key question now is whether OI stabilizes as ETH prices move or continues declining. This in turn could help determine whether traders are rebuilding conviction or becoming more cautious.
Final Summary Ethereum, Arbitrum One, and Base recorded a $403.1 million increase in stablecoin market capitalization in the past seven days. Meanwhile, Ethereum’s derivatives market for the month of October suggests that leveraged positioning is beginning to cool.
Investors pulled $56.1 million from US spot Ethereum ETFs on October 9. The ninth straight day of withdrawals came entirely from BlackRock’s fund.
These funds let investors own ETH through an ordinary brokerage account. Since September 29, they have shed about $697 million, erasing most of the $850.8 million they drew in the seven sessions before.
Ethereum ETF Outflows Match June’s 9-Day RunThe streak now equals a nine-day run of withdrawals from June 17 to June 30, according to BeInCrypto’s Ethereum ETF streak coverage.
Total assets across the funds stand at $15.71 billion, per SoSoValue. That is down from nearly $17.9 billion in late September.
Ethereum ETF outflows daily chart showing nine red sessions, Source: SoSoValueMeanwhile, ETH trades at $2,496, little changed over 24 hours, according to BeInCrypto’s Ethereum price data. It held $2,715.50 on October 2.
Bitcoin (BTC) funds moved the other way on Friday, taking in $21.13 million. However, that followed a $729 million exit across October 7 and 8.
Bitcoin Spot ETFs See $21.13M in Net Inflows; Ethereum ETFs Post Ninth Consecutive Day of Outflows on Oct. 9 (ET)
According to SoSoValue data, U.S. spot Bitcoin ETFs recorded $21.13 million in net inflows on October 9 (ET), with BlackRock’s IBIT attracting $22.38 million and… pic.twitter.com/B6JfmqMiPj
— Wu Blockchain (@WuBlockchain) October 10, 2026 The retreat from ETH also showed up on Binance. Customers there cut 183,602 ETH in September while adding Bitcoin.
$5 Billion in Ethereum Shorts Sit Above the PriceEven as institutional capital pulls out of Ethereum financial instruments, derivatives traders are piling into bets that ETH will fall. These bets, called shorts, are often made with borrowed money.
“Most of the ETH downside liquidity has been taken out for now. Now there are $5 Billion in shorts vs. $1.53 Billion in longs. The only concern is weakening spot demand for Ethereum, which is still making a strong case for more correction,” analyst Ted Pillows noted.
Forced closures of shorts require buying ETH. A wave of them can push the price higher, potentially causing a short squeeze.
Earlier this week, Pillows flagged $2,547 to $2,565 as support, warning a break could open a slide toward $2,190. ETH has since slipped below that zone.
Friday’s data leaves ETF buyers absent and short sellers crowded overhead. Monday’s flow figures will show whether the streak reaches a 10th day.
Ethereum (CRYPTO: ETH) price has lost momentum and crashed to a crucial support level as American investors continued to book profits after the recent rally. ETH token retreated to the important support level of $2,461, its highest point in May this year.
Ethereum Price Falls as ETF Outflows JumpAmerican investors are selling their Ethereum ETFs, possibly as they book profits after the recent rally that pushed it from a low of $1,516 in June to a high of $2,806.
SoSoValue data shows that these funds had over $56 million in outflows on Friday, the ninth consecutive day of outflows. In total, these funds have had over $634 million in outflows this month, a big reversal from what happened in the last three months.
Spot Ethereum ETFs had over $365 million in inflows in July, followed by $1.85 billion in August. After that, they added $832 million in inflows last month, with BlackRock’s ETHA and ETHB being some of the top gainers.
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The ongoing ETF outflows has coincided with the falling staking inflows. There are now 43.85 million staked tokens, a largely unchanged figure since October 1. Ethereum has a staking ratio of 35.9% and a reward rate of 2.55%.
Other cryptocurrencies have had outflows this month. Bitcoin (CRYPTO: BTC) funds have lost over $388 million in assets this month after adding $2.65 billion in September and $3.52 billion in October. Similarly, spot Solana (CRYPTO: SOL) funds have lost over $29.4 million this month.
The most likely reason for the ongoing Ethereum weakness is the rising US bond yields, which have surged to the highest level in decades recently. In most cases, risky assets recoil whenever there are challenges in the bond market. Also, investors are remembering the $19 billion liquidation event that happened on October 10 last year.
ETH Price Remains Above Recent AveragesThe ongoing ETH retreat does not mean that the recent rally has stalled. For one, it has remained above the 100-day Exponential Moving Average (EMA), a sign that the uptrend remains intact.
The coin has also retested the important support level of $2,461, its highest level in May this year. That is a sign that it has formed a break-and-retest pattern, a common continuation sign in technical analysis.
Therefore, there is still a possibility that the token will rebound once this shakeout phase ends. If this happens, it may retest the key resistance level of $2,806, its highest point this month. A surge above that level will point to more gains towards $3,000.
US spot Ethereum ETFs just had their worst week since late January. Investors pulled $542.1 million from the funds during the trading week ending October 9, 2026.
That marks the biggest weekly exodus in more than eight months. It also arrives with Ether sliding below a price level traders tend to watch closely.
BlackRock’s fund did most of the bleeding The outflows were not spread evenly. BlackRock’s iShares Ethereum Trust (ETHA) accounted for roughly $477 million of the weekly total.
That works out to approximately 88% of all redemptions in the category.
Grayscale’s ETHE came in a distant second. It saw $31.9 million in withdrawals over the same week.
For context, the last time the category posted a weekly figure this bad was late January. Back then, Ethereum ETFs recorded $611 million in withdrawals.
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The latest week is also part of a longer losing run. The funds have now logged nine consecutive trading days of outflows, starting on September 29.
Over that stretch, total redemptions reached $697.2 million.
Ether slips under $2,500 as volume dries up The price action has not offered much comfort. ETH settled near $2,491 on October 10, down more than 7% over the prior week of trading.
That move pushed Ether below two markers at once. It fell under its 50-day simple moving average and dropped beneath the $2,500 threshold.
Activity also thinned out considerably. Trading volume for ETH fell 61%, landing at $7.2 billion.
Bitcoin and Solana funds felt it too Ether was not alone in this. Bitcoin ETFs saw outflows of approximately $681 million around the same period.
Spot Solana ETFs had an even more symbolic moment. The funds recorded their first outflows since launch, ending an inflow streak that had lasted 14 weeks.
The longer view still looks positive Cumulative net inflows into US spot Ethereum ETFs stood at about $13.26 billion as of October 9, 2026.
Total net assets held across the funds were estimated at $15.71 billion. So the recent redemptions, while sizable, represent a fraction of the capital that has flowed into these products overall.
What this means for investors The concentration in ETHA is the detail worth sitting with. BlackRock’s fund is the largest vehicle in the category, which also makes it the easiest place for large holders to reduce exposure quickly.
The research behind these figures suggests the outflows may indicate fading investor confidence as market conditions shift. It also points to the simultaneous drops in Ether and Bitcoin as possibly reflecting wider bearish sentiment, potentially tied to external economic factors and regulatory uncertainty.
For anyone tracking Ether, a few signals stand out. The first is whether ETH can reclaim the $2,500 level and its 50-day average. The second is trading volume, which currently stands at $7.2 billion. The third is daily ETF flow data, given that the current outflow streak now spans nine days.
If newer products like spot Solana ETFs continue to see redemptions after a 14-week run of inflows, it could hint that investors are trimming riskier crypto positions across the board rather than rotating between assets.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Ethereum (ETH) price is down by more than 7% in the seven days leading up to October 10, with this drop coming amid weak demand for spot ETH ETFs that have now seen their worst weekly performance since January.
ETH trades at $2,491 at the time of writing after dropping by 0.39% in 24 hours. Trading volumes had also shrunk by 61% to $7.2 billion, per data from CoinMarketCap.
ETH ETF Outflows Surge as Institutional Demand Weakens Data from SoSoValue shows that Ethereum ETFs recorded outflows of $542 million in the week ended October 9. This marks the highest weekly outflows recorded by these ETH ETFs since late January 2026.
Source: SosoValue BlackRock’s iShares Ethereum Trust contributed to the biggest share of these outflows, with $477 million flowing out of the products, with this being the highest weekly outflow by ETHA since December 2025.
SoSoValue also shows that the total outflows from all US-listed crypto ETFs were the highest seen since June, with Bitcoin (BTC) leading the pack with $681 million in outflows.
Ethereum’s Exchange Balance Spikes Amid Ongoing Deleveraging After Ethereum outperformed Bitcoin in Q3 with a 70% gain, investors seem to be booking profits now, which has caused a surge in the amount of ETH that is available on exchanges to the highest level since September 23.
CoinGlass shows that this exchange balance has increased from 11.71 million ETH on October 8 to 11.8 million ETH on October 9. This shows that 90,000 ETH tokens have entered exchanges in just 24 hours.
Source: CoinGlass The increased exchange inflows coincide with reduced demand for Ethereum futures positions. Per CoinGlass, Ethereum’s open interest has dropped from 13.29 million ETH on October 8 to 12.77 million ETH at the time of writing.
The falling OI comes after analysts warned of a deeper correction in Ethereum price after ETH closed below a crucial support level.
Ethereum Prediction as RSI Nears 4-Month Low Ethereum’s daily chart shows a surging bearish sentiment, with the RSI indicator falling to 39 for the first time since June.
ETH has also dropped below the 50-day SMA, with this move suggesting that the future Ethereum outlook is now favoring bears.
With Ethereum price now trading below the psychological support at $2,500, bears are now eyeing a drop to the 100-day SMA of $2,200.
However, a move to $2,200 depends on whether ETH breaches the immediate support at $2,370.
Source: TradingView If Ethereum price can defend this support at $2,370, considering the easing geopolitical tensions and the recent leverage flush, a sustained uptrend will depend on whether ETH can close above the 50-day SMA.
Over the last three months, major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have outperformed traditional equities and commodities, according to data highlighted by @coinbureau. BTC and SOL have seen price increases of approximately 6% and 7.7% respectively over the past month, with Ethereum experiencing a significant 70% gain in the third quarter. This relative strength in crypto assets comes amid continued volatility in short-term prices. The data suggests positive sentiment towards these digital assets compared to traditional financial instruments during this period.
The report from @coinbureau, a crypto-focused social media account, indicates a potential influence on market sentiment towards Ethereum’s future pricing. Despite the source’s lower credibility tier, the strong performance of crypto assets could impact Ethereum’s price predictions. Currently, prediction markets suggest limited probability for Ethereum to reach $10,000 by the end of 2026, with odds below 5% in the relevant markets. However, the broader positive sentiment around crypto may provide supportive conditions for price increases, as indicated by market pricing.
Markets tracking Ethereum’s future price scenarios show varied expectations, with some predicting that Ethereum could reach $3,000 by December 31, 2026, currently priced at 42% YES, while other higher targets like $10,000 remain priced below 5% YES. The recent performance of crypto assets could influence these markets, as participants weigh the potential for continued growth against the backdrop of broader economic conditions.
Key Takeaways The reported strong performance of BTC, ETH, and SOL relative to traditional assets over the past three months suggests positive sentiment towards crypto assets. Ethereum’s price prediction markets show low current odds for reaching $10,000 by the end of 2026, with a greater likelihood for reaching lower targets like $3,000. The data from a social media source, while less credible, could still impact market sentiment and influence future pricing scenarios for Ethereum. What to Watch Watch for any developments that could further influence Ethereum’s price trajectory, such as major institutional inflows or regulatory changes. Key actors like the Ethereum Foundation and major financial institutions could play significant roles in shaping sentiment. Additionally, any updates on technological upgrades or regulatory approvals for Ethereum-related financial products could significantly impact market expectations for Ethereum’s price by the end of 2026.
Term Structure
Contract Odds Δ since publish Volume 24h December 31, 2026 0.9% — — View market → December 31, 2026 1% — — View market → December 31, 2026 1.8% — — View market → December 31, 2026 2.9% — — View market → December 31, 2026 4.5% — — View market → January 1 2027 20% — — View market → January 1 2027 5.5% — — View market → January 1 2027 1.1% — — View market → January 1 2027 1.2% — — View market → January 1 2027 2.4% — — View market → January 1 2027 3.9% — — View market → January 1 2027 9.5% — — View market → January 1 2027 8% — — View market → January 1 2027 2.6% — — View market → January 1 2027 1.2% — — View market → January 1 2027 5.5% — — View market → January 1 2027 41.5% — — View market → January 1 2027 12.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 25.5% — — View market → January 1 2027 50.5% — — View market →
TLDR: Ethereum price prediction is bearish below the 50-day SMA, with $2,370 support and the 100-day average near $2,200 shaping the next levels to watch. U.S. spot Ethereum ETFs shed about $542 million in the week ended October 9, their largest weekly outflow since late January. BlackRock’s ETHA accounted for roughly $477 million in weekly withdrawals, while total U.S. Bitcoin ETF outflows reached $681 million. Whales reportedly added more than 166,000 ETH in 72 hours even as exchange balances rose 90,000 ETH and futures open interest declined. Ethereum price prediction has weakened recently. Ether fell below its 50-day simple moving average. U.S. spot Ethereum ETFs logged their largest weekly outflow since January. ETH traded near $2,491 on October 10. It was down more than 7% in seven days, while trading volume fell 61% to $7.2 billion.
Yet whale data offered a counterpoint: holders added about 166,000 ETH over 72 hours, alongside Bitcoin and XRP purchases. The conflicting signals leave traders watching $2,370 support for now. A break could expose the $2,200 area, while a defense may steady the market. ETF redemptions and rising exchange balances remain risks.
Ethereum (ETH) Price Ethereum Price Prediction Weighs ETF Outflows Against Whale Buying U.S. spot Ethereum ETFs saw approximately $542 million in net withdrawals for the week ended October 9, SoSoValue data showed. It was their largest outflow since late January. BlackRock’s iShares Ethereum Trust, known as ETHA, accounted for about $477 million. It was the fund’s largest weekly withdrawal since December 2025. Bitcoin ETFs saw pressure, with $681 million leaving during the period.
Source: SosoValue These Ethereum ETF outflows point to reduced exposure. They do not show every investor is selling ETH. However, they weaken a key source of demand during a price decline. An outflow streak could cap attempts to recover above resistance. Whale accumulation complicates that bearish picture. Analyst Ali Martinez says large wallets added roughly 15,000 BTC and more than 166,000 ETH. They also added about 45 million XRP in 72 hours.
Whale balances can rise while smaller holders or funds distribute coins. For the Ethereum price prediction, this divergence matters. Wallet demand may absorb some supply without quickly reversing ETF outflows or retail selling. Traders need follow-through in spot buying to treat the signal as durable.
ETF flows and wallet data track different activity. ETF figures capture listed-product flows; whale estimates track large on-chain balances. Those signals can diverge if ETF investors withdraw while other holders accumulate.
The Ethereum price prediction depends on whether whale buying continues beyond the 72-hour window. Continued purchases could absorb some supply, but a pause would leave ETF redemptions as the clearer demand signal.
Exchange Inflows and Futures Deleveraging Add Pressure on ETH Exchange data adds caution. CoinGlass figures show Ethereum balances on trading platforms rising from 11.71 million ETH on October 8. They reached 11.8 million the next day. That 90,000-ETH increase marked the highest balance since September 23. Coins transferred to exchanges may be prepared for sale, but transfers alone do not prove liquidation. At the same time, open interest fell from 13.29 million to 12.77 million ETH.
Source: Coinglass Lower futures open interest points to reduced outstanding positions and possible deleveraging. It can ease liquidation risk, but it also signals weaker appetite for leveraged longs. Combined, rising exchange balances and lower OI suggest traders are reducing exposure as spot supply increases. For the Ethereum price prediction, exchange balances now add another warning.
On the daily chart, ETH’s relative strength index slipped to 39, its lowest reading since June. Price also moved below the 50-day SMA. The $2,500 level has also turned into overhead resistance after ETH fell beneath it. The ETH price forecast hinges first on $2,370. A daily close below that support would strengthen the bearish case.
It would put the 100-day SMA near $2,200 in view. This Ethereum price prediction would need confirmation from continued selling or weak demand. If buyers defend $2,370, ETH could consolidate instead. A recovery above the 50-day average would give bulls a stronger signal. ETH had not reclaimed it by publication.
Ethereum faced renewed pressure as its price dropped below the 50-day simple moving average, trading near $2,491 on October 10. Over the past seven days, Ether lost more than 7% in value and saw trading volumes fall sharply to $7.2 billion, down 61% from previous levels.
ETF outflows hit record since JanuaryU.S. spot Ethereum exchange-traded funds (ETFs) experienced net outflows totaling $542 million for the week ended October 9, according to SoSoValue data. This marked the largest weekly withdrawal since January. BlackRock’s iShares Ethereum Trust (ETHA), managed by leading asset manager BlackRock, recorded outflows of about $477 million—the highest weekly redemption in the fund’s history since December 2025. During the same period, U.S. spot Bitcoin ETFs also registered significant pressure, with outflows reaching $681 million.
These ETF outflows indicate that some institutional investors are reducing exposure to Ethereum through listed products. Although not all investors are selling Ether itself, the withdrawal streak has weakened a crucial source of demand amid a broader market decline. This trend could limit any short-term attempts by Ether to recover above resistance levels.
Institutional withdrawals from U.S. spot Ethereum ETFs totaled $542 million in one week, with BlackRock’s ETHA leading the exodus at roughly $477 million. Outflows from Bitcoin ETFs hit $681 million over the same period.
While ETFs recorded heavy outflows, market analysts observed that large investors—often called ‘whales’—were buying. Ali Martinez, a noted crypto analyst, estimated that big holders accumulated approximately 166,000 ETH and 15,000 BTC in just 72 hours, along with around 45 million XRP.
The simultaneous uptick in whale accumulation introduces a complex dynamic for Ethereum’s outlook. While these large wallets could be absorbing supply, the overall market impact remains uncertain if ETF outflows and retail selling continue to outweigh buy-side interest from whales.
Mini dictionary: SoSoValue is a crypto analytics platform that provides in-depth monitoring of exchange-traded fund flows, on-chain activity, and other digital asset market statistics.
Exchange inflows and futures data add cautionFurther risks emerged as trading platform CoinGlass registered an increase in Ethereum balances on exchanges, rising by 90,000 ETH from 11.71 million ETH on October 8 to 11.8 million the following day. This figure represented the highest exchange holding since late September. Typically, rising balances suggest an increased readiness among investors to sell, although not all tokens transferred to exchanges are necessarily liquidated immediately.
Meanwhile, Ethereum futures open interest fell from 13.29 million to 12.77 million ETH, signaling a reduction in outstanding leveraged positions. Lower open interest can ease some liquidation pressure but also reflects a more cautious stance among traders, with less appetite for new risk. The combination of higher exchange inflows and lower futures positions suggests that many market participants are trimming exposure as spot supply expands.
MetricPrevious ValueLatest ValueChangeETH on exchanges11.71 M11.80 M+90,000 ETHETH futures OI13.29 M12.77 M-0.52 M ETH7-day ETH pricen/a$2,491-7%Weekly ETF outflowsn/a$542 MRecord since JanFrom a technical perspective, Ether fell below its 50-day simple moving average and found new resistance at $2,500. The daily relative strength index (RSI) dipped to 39, its lowest since June. The next major support is now seen at $2,370, with a breakdown potentially targeting the 100-day average near $2,200. Reclaiming $2,500 and the 50-day SMA would be necessary for a bullish reversal.
Market observers noted that signals from ETFs and on-chain whales can diverge, reflecting different types of participants. ETF flows monitor institutional activity through regulated products, while whale tracking looks at large on-chain movements. Sustained demand from big investors could offset selling, but only if it persists beyond short-term trading windows.
While ETF outflows have accelerated, large holders accumulated 166,000 ETH in three days, highlighting a possible tug-of-war between institutional redemptions and whale buying.
Looking ahead, traders are watching for signs of continued whale accumulation or further withdrawals from ETF investors. If ETF outflows persist and selling pressure increases, Ethereum could remain vulnerable to additional declines. Conversely, stabilized demand and recovery above key technical levels could steady the price in the near term.
Extreme bullish positioning in the derivatives market can cut both ways.
Notably, Ethereum’s [ETH] current market structure is a good example. According to the data from CoinGlass, over $177 million in ETH long positions were liquidated on the 8th of October, which marked the largest long squeeze since early June.
With this in mind, ETH’s derivatives market may be set up for another squeeze. Lookonchain recently highlighted that smart trader, with a reported 100% win rate and $9.26 million in total profits, is back in action. After the market dip, the trader opened a 20x leveraged long position on 12,000 ETH worth $29.88 million. The position is now sitting on an unrealized profit of $626,000.
Source: X The key takeaway? Other traders are leaning bullish too.
Bitfinex whales’ ETH long positions are rising, while the Ethereum Long/Short Ratio crossed above 1 for the first time after three days of negative readings. This points to a shift toward bullish positioning. However, if too many traders crowd into long, another sharp move lower could trigger a fresh wave of liquidations.
From a technical lens, with Ethereum [ETH] down 8% this week, the violent bullish positioning may lead to another bull trap, potentially pushing the price toward $2.1k if support breaks. But does this aggressive long positioning mean that traders are anticipating a catalyst that the broader market has yet to price in?
Ethereum: Hidden catalyst or crowded trade? Ethereum’s recent weakness may not be ETH-specific, as altcoin rotation could be behind the sell-off too.
Technically speaking, ETH is down almost 8% in the week, while Solana [SOL] has corrected by over 9%. Moreover, Bitcoin dominance has climbed back above 60%, putting pressure on the altcoins. However, if BTC.D fails to break through this resistance again; it could clear the path for an altcoin recovery, which may explain why traders are still building bullish Ethereum positions.
On the supply side note, Binance’s ETH reserves have reduced from nearly 4 million to below 3.5 million, thus recording a 6-month low. The drop in the ETH reserves on Binance may add to upward pressure on the price if Bitcoin dominance fails to rise and capital rotation begins to take place back into altcoins.
Source: CryptoQuant Given this setup, Ethereum’s bullish positioning could be more than a fluke.
On-chain liquidity across Ethereum also remains strong. According to Token Terminal, Ethereum added $243.4 million in stablecoin market cap over the last seven days, leading all networks. This could encourage fresh buying activity, particularly with ETH reserves on exchanges continuing to deplete, which could reduce selling pressure, giving bulls more breathing room to rally prices.
This makes the current setup different from the previous extended squeeze. If capital continues to flow into ETH, a breakout in the ETH/BTC pair could serve as the next catalyst for upside. This indicates that traders are positioning ahead of a potential shift in momentum that the broader market has yet to price in.
Final Summary Rising ETH longs increase liquidation risks, but falling exchange reserves could support a recovery. Growing stablecoin liquidity and a possible drop in Bitcoin dominance could boost ETH if capital flows back into altcoins.
According to official information, Papertrade generated a notional trading volume of $14.4 billion in less than 10 minutes after its launch. As of press time, open interest for Bitcoin and Ethereum contracts stood at $3 billion and $2.66 billion respectively. The project’s early trading boom may be tied to its unique mechanism. Per the official documentation, the issuance model of PaperTrade’s native token PAPER works as follows: for every $1 a platform user loses, the protocol mints a certain number of PAPER tokens on a curve. When the liquidity provider (LP) balance is below $2 million, the minting ratio is fixed at 100 PAPER per $1 lost; once the LP balance exceeds $2 million, the minting rate begins to decay, with the number of PAPER minted decreasing as the LP balance grows.
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This week, Ethereum researchers warned AI could break the signatures securing Bitcoin and Ethereum "in months, not years" in the worst case, well before quantum computers arrive.
This information didn't sit well with early Bitcoin pioneer and Blockstream CEO Adam Back, who criticized Ethereum's early design decisions in an X post.
Back was particularly critical of Ethereum's early developers, describing them as inexperienced, saying that they "reimplemented around an obviously broken architecture" despite warning attempts.
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The Blockstream CEO believes Bitcoin's pseudonymous creator Satoshi Nakamoto's choice of the Unspent Transaction Output (UTXO) model for the BTC network reflected a deeper understanding of distributed systems and peer-to-peer network design.
"It's almost like Satoshi knew something about distributed systems," Back said in support of Bitcoin's UTXO model.
@seal_kiman @UtxoSaint It's almost like Satoshi knew something about distributed systems (or network / p2p programming) as the UTXO model is well-designed for avoiding them. .eth's were young, naive, no experience/wisdom, reimplemented around an obviously broken architecture. Tried to warn them 🤷♂️
— Adam Back (@adam3us) October 10, 2026 UTXO in this context is short for "Unspent Transaction Output" model, which works like physical cash, where discrete coins or outputs are spent and new ones are created, used by blockchains such as Bitcoin and Cardano.
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Ethereum does not use UTXO but rather utilizes an account-based model (similar to a traditional bank ledger), where each user or smart contract has a persistent balance and state that updates directly with each transaction.
While Ethereum currently relies on accounts, ETH researchers have proposed experimental frameworks to introduce optional UTXO-style features, such as Ethereum Improvement Proposal EIP-8141, which introduces a new transaction type (0x06, or Frame Transactions) designed to achieve native account abstraction and post-quantum readiness.
What happened?Ethereum researcher Justin Drake, in an X post on Wednesday, told the crypto industry to start preparing for "bunker mode," warning that artificial intelligence could find a way to break the mathematics protecting Bitcoin and Ethereum wallets in the worst case "in months, not years."
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Accordingly, Drake urged large holders to begin a gradual move of their funds to fresh addresses.
Ethereum co-founder Vitalik Buterin weighed in on Drake's take, saying he wouldn't recommend anyone scramble to move their funds to new wallets at the moment, but added that the risk from AI-accelerated math remains something that should be taken seriously.
"I don't recommend anyone scramble to move their funds to new wallets today. But we should take the risks to cryptography from AI-accelerated math seriously, and minimize our exposure to not just quantum-vulnerable cryptography but also potentially AI-vulnerable cryptography," Buterin wrote on X.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
According to official data, Papertrade recorded a cumulative trading volume of $39.9 billion in its first 30 minutes post-launch. The platform’s contract open interest also dropped sharply, with Bitcoin and Ethereum contract positions standing at $1.27 billion and $890 million respectively. The initial trading boom may be linked to its project mechanism: per official documentation, PaperTrade’s native token PAPER is minted via a model where the protocol mints a set amount of PAPER on a curve for every $1 a platform user loses. When the LP balance is below $2 million, the minting ratio is fixed at 100 PAPER per $1 of losses; once the LP scale exceeded $2 million, PAPER token emissions entered a decay phase. Papertrade is a fully on-chain synthetic perpetual trading platform built on HyperEVM, which pulls prices from the Best Bid Offer (BBO) mid-price of the Hyperliquid order book. Users trade directly against the protocol’s liquidity provider (LP) as counterparty, rather than through traditional order book matching. The protocol’s key features include high leverage, zero slippage, and no funding fees.
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Bitmine, an Ethereum treasury firm’s Chairman Tom Lee recently stated that Ethereum is poised to rally to between $25,000 and $50,000 in the current cycle. He noted that ETH has traded in a similar range over the past five years, and its ongoing consolidation may lay the foundation for a larger breakout down the line. Tom Lee also projected ETH’s price will surpass $5,000 by year-end, adding that if Bitcoin climbs above $100,000, ETH could hit roughly $7,500.
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Ethereum researchers have raised concerns that advances in artificial intelligence could compromise the cryptographic signatures securing Bitcoin and Ethereum wallets within months, not years, in the most severe scenario. This risk, they claim, could emerge well before the development of practical quantum computers.
Experts debate blockchain security modelsBlockstream CEO Adam Back strongly criticized the original architecture decisions of Ethereum’s early developers, following the AI warning. Back argued that the team behind Ethereum demonstrated inexperience, stating that they rebuilt their protocol “around an obviously broken architecture” despite warnings from others in the industry.
Back praised the technical foresight of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, pointing to the Unspent Transaction Output (UTXO) model chosen for the Bitcoin network. He believes that this design displayed a deeper grasp of distributed systems and peer-to-peer networks.
It’s almost like Satoshi knew something about distributed systems, Back wrote, making the case that Bitcoin’s UTXO model offers structural advantages.
The UTXO model, utilized by Bitcoin and Cardano, functions similarly to physical cash, where distinct coins or outputs are spent and replaced by new ones after each transaction. This approach is fundamentally different from Ethereum’s account-based model.
Ethereum manages balances through persistent accounts, akin to a traditional bank ledger, where each user or smart contract maintains a running balance. Transactions update these balances directly, as opposed to generating new outputs per transaction.
Ethereum seeks post-quantum and AI resilienceIn response to potential advances in AI-powered attacks, some Ethereum developers have outlined proposals to experiment with UTXO-style features. One notable initiative, Ethereum Improvement Proposal EIP-8141, introduces a new Frame Transaction type (0x06) aimed at achieving native account abstraction as well as enhancing resistance to both quantum and AI threats.
Justin Drake, an Ethereum researcher, recently advised the crypto sector to adopt a “bunker mode” mentality, anticipating that AI could soon breach the mathematical protections of current digital wallets.
Drake cautioned that, in a worst-case scenario, AI systems might uncover methods to break private key security on both Bitcoin and Ethereum in a matter of months, urging large holders to gradually move their assets to new addresses as a preventive measure.
Vitalik Buterin, co-founder of Ethereum, provided a more tempered perspective. While acknowledging the seriousness of AI-accelerated cryptographic threats, Buterin advised users not to rush into moving their assets immediately but emphasized the importance of minimizing exposure to both quantum- and AI-vulnerable cryptography.
The scrutiny on secure protocols comes at a time when technical innovation is accelerating and market volatility can spike unexpectedly. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, jumping between different apps for charts, news, and portfolio tracking is costing investors money. Smart traders are now utilizing privacy-first tools like CryptoAppsy to consolidate everything. Without even the hassle of creating an account, you get real-time charts, smart price alerts, coin-specific news, and critical macro data all on one screen.
Ledger is investigating reports of cryptocurrency losses among customers in Southeast Asia who purchased hardware wallets through CryptoBilis, a reseller listed as an official distributor in Indonesia, Malaysia and the Philippines.
The incident came to light on Friday, Oct. 9, as blockchain researchers traced funds from suspected victims' wallets. Initial estimates put the losses above $72 million, but subsequent analysis by Bitquery expanded the reported total to $92.9 million across 311 wallets on five networks: Bitcoin, Ethereum, TRON, BNB Chain and Polygon.
The distinction between a wallet-draining incident and a confirmed compromise of Ledger's own systems is important. Ledger devices are designed to keep private keys offline, but maliciously modified hardware or a compromised supply chain could potentially undermine that protection.
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The precise attack method remains unconfirmed, and the available evidence does not establish that Ledger's core infrastructure was breached.
Ledger said it had asked CryptoBilis to suspend all sales and shipments while its investigation proceeds. It also issued precautionary guidance to customers who purchased devices from the reseller during the previous 90 days.
"Ledger is investigating reports of loss of funds from users in South East Asia who purchased products from a reseller named CryptoBillis," the company said in its statement.
Ledger is investigating reports of loss of funds from users in South East Asia who purchased products from a reseller named CryptoBillis. As a precaution, and pending the results of our investigation, we have asked CryptoBilis to pause all sales and shipments of Ledger devices. We recommend Ledger users who purchased from this reseller in the last 90 days to not initiate set up if you have not done so yet. If you have set up your Ledger device, consider moving assets to a new Ledger signer (with new seed). We will continue to inform customers of updates as the investigation progresses. Reach out to Ledger customer support through official channels with any questions: https://t.co/4p918UH8yb
— Ledger Support (@Ledger_Support) October 9, 2026 Ledger advised customers who had bought devices from the reseller but had not yet initialized them not to proceed with setup. Customers who had already configured their devices were advised to consider moving their assets to a new Ledger signer with a new seed phrase.
Blockchain investigator Specter separately reported tracing suspicious addresses that received funds from hundreds of victim wallets across Ethereum, TRON and Bitcoin, estimating losses above $86 million.
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Bitquery's analysis identified small test transactions over approximately two weeks before the main outflows, followed by coordinated transfers across multiple networks.
Researchers also observed groups of wallets signing similar requests within seconds of one another. These patterns suggest preparation and a possible common point of control, but blockchain transactions alone cannot establish how the attacker gained access to the wallets.
$10 million in USDT frozen as investigators trace fundsThe investigation has produced several developments in tracking the stolen assets. Tether reportedly froze approximately $10 million in USDT across 20 wallets associated with the suspected theft. The action prevents the affected USDT from being transferred through those addresses, but does not automatically return the funds to victims.
At the analysis cutoff, approximately 14,810 ETH remained in a group of suspected attacker-controlled wallets. Researchers also identified around 203.8 BTC in associated Bitcoin addresses, with those funds reportedly unmoved at that point.
Bitquery's analysis further identified the movement of approximately 1,254 ETH through Tornado Cash and Zcash. The funds reportedly later appeared in three new wallets, including one holding about 2.1 million USDC.
The presence of USDC may provide another potential avenue for intervention, depending on the issuer's assessment and the addresses involved, but a freeze should not be assumed unless confirmed.
Binance founder Changpeng Zhao, commonly known as CZ, said the information available at the time pointed toward a localized supply-chain incident involving one vendor.
He suggested that a small number of customers may have received counterfeit or tampered devices, while calling on industry participants to help trace and recover the assets. This remains an assessment, not a confirmed finding from Ledger's investigation.
⚠️ Beware if you use a Ledger hardware wallet, especially if you bought one recently. Based on information so far, it seems to be localized to a supply chain attack with one vendor. A small number of people probably bought fake (or tampered) Ledgers. Ledger is one of the most secure and oldest hardware wallets in the industry. Stood the test of time. But these things happen. I expect and know all BNB ecosystem players (and all industry) to help trace and recover the funds.
— CZ 🔶 BNB (@cz_binance) October 9, 2026 Former Mt. Gox CEO Mark Karpelès also shared photographs of a Ledger Nano X he said he had received from Malaysia. According to Karpelès, the device's shrink-wrap appeared intact, but he found a concealed electronic module where the screen padding should have been.
He said hardware implants had become more sophisticated, potentially making modified components harder to distinguish from original parts.
Karpelès has requested photographs from affected users to help identify similar modifications. However, Ledger has not been shown to have confirmed that the reported module was functional or connected to the CryptoBilis incident.
The latest independent estimate places the reported losses at $92.9 million, but that figure has not been confirmed by Ledger. The cause of the incident also remains unresolved, with the available evidence pointing toward a possible supply-chain issue without conclusively proving that counterfeit or modified devices were responsible.
For now, the confirmed response includes Ledger's investigation and reseller suspension, its precautionary guidance to customers, and the reported freeze of $10 million in USDT. Further conclusions will depend on forensic findings and continued on-chain tracing.
Tron founder Justin Sun has announced that the network’s post-quantum cryptography is now operational on its testnet, signaling a proactive move to secure blockchain assets against potential threats from quantum computing advancements.
Tron’s quantum resistance initiativeIn a social media post shared on Saturday, Sun stated that Tron developers are closely monitoring developments in both quantum computing and artificial intelligence. He emphasized that Tron is prepared to deploy quantum-resistant solutions to its mainnet whenever necessary.
“We’re committed to keeping user assets secure, and Tron is set to be one of the few major blockchains that is quantum-resistant before Q-Day,” Sun wrote, referencing the anticipated milestone when quantum computers could undermine current security standards.
We’re closely tracking progress in quantum computing and AI, and we’re ready to bring quantum resistance to mainnet at any time, Sun said in a post on X.
The Tron network, established by Justin Sun, is a major blockchain platform focused on decentralized applications and digital asset trading. Its move towards post-quantum cryptography positions it among the leading blockchain projects working to stay ahead of emerging technological risks.
Industry-wide push for post-quantum securityAs interest grows regarding the future capabilities of quantum computers, blockchain security experts have intensified research into quantum-resistant technologies. Many worry that powerful quantum machines will eventually crack elliptic-curve cryptography, which serves as the security backbone for networks like Bitcoin and Ethereum.
Coindesk recently reported that AmericanFortress, a blockchain security company, has unveiled a cryptographic solution designed to protect digital wallets from future quantum attacks. Uniquely, the proposal maintains existing wallet addresses and does not require users to transfer funds, rotate keys, or alter wallet addresses to achieve post-quantum protection.
AmericanFortress shared its technical approach in a paper uploaded to the Cryptography ePrint Archive, a repository for cryptographic research. At the time of publication, the proposal had not undergone peer review.
Mini dictionary: Cryptography ePrint Archive, an online repository for researchers to share papers on cryptography and information security, often prior to formal peer review.
Major blockchain projects respondDevelopers across the industry have accelerated efforts to deploy quantum-resistant measures. Early this year, a consortium led by blockchain security firm Strategy committed $15 million to support Bitcoin quantum security research. The Ethereum Foundation presented a proposal to help migrate accounts to quantum-resistant cryptography, and Algorand revealed plans to introduce quantum-resistant accounts by 2027.
The growing focus reflects increasing concerns that achieving quantum advantage could trigger severe vulnerabilities for current crypto ecosystems unless advanced protections are implemented promptly.
Blockchain/ProjectQuantum Security ApproachTarget/TimelineTronPost-quantum cryptography on testnetMainnet upgrade when neededBitcoin$15 million for quantum security research (Strategy consortium)OngoingEthereumProposal to migrate accounts to quantum-resistant cryptographyUnder reviewAlgorandPlan for quantum-resistant accountsBy 2027Recent coverage in various industry publications highlights ongoing debates and discussions regarding the practical implications of quantum-secure technologies for major cryptocurrencies.
Tron is set to be one of the few major blockchains that is quantum-resistant before Q-Day, as Sun says the team is ready to deliver quantum resistance to the mainnet at any time.
Cardano gains 6% as Ethereum and XRP recover cautiously. October 10 analysis maps support, resistance, and key signals for ETH, XRP, HYPE, ADA, and Uniswap.
Asset Aggregate USD price Rolling 24-hour change Aggregate 24-hour volume Market-cap rank Ethereum (ETH) $2,490.34 −0.08% $8.51 billion 2 XRP $1.40 +0.55% $1.65 billion 5 Hyperliquid (HYPE) $83.86 −1.83% $627.49 million 11 Cardano (ADA) $0.250879 +6.38% $533.38 million 17 Uniswap (UNI) $7.35 −0.21% $472.85 million 27 Ethereum Remains Below Its 50-Day EMA Ethereum closed October 9 at $2,485.34 on Kraken, gaining 0.50% from $2,472.90. The session’s $2,469.04–$2,518.11 range stayed inside the previous day’s wider range, showing stabilization after the decline without a confirmed reversal.
ETH/USD daily candles with 20-day and 50-day EMAs; the October 9 rebound closed both averages below. The 50-day exponential moving average eased to $2,501.13, while the 20-day EMA fell to $2,616.99. Although the shorter average remains above the longer one, price closed below both. That combination shows the recent selloff has outpaced the slower adjustment in the averages.
ETH traded above the 50-day EMA during the session but failed to retain that level at the close. A daily close above $2,501, followed by a break above $2,518–$2,533, would strengthen recovery prospects toward $2,585.31. The declining 20-day EMA near $2,617 is a further obstacle.
Initial support is $2,469.04. A close below it would expose the October 8 low at $2,405.35; losing that low would reopen the September lows around $2,355–$2,367. A recovery above $2,533 that subsequently closes below $2,501 would weaken the bullish case.
ETH’s aggregate quote was approximately 2.86% below the $2,563.70 snapshot in its October 8 report. The $2,533 support discussed then has since failed on a completed daily close.
XRP RSI Improves but Stays Below Neutral XRP closed October 9 at $1.39438, up 1.10% from $1.37915. Its $1.37297–$1.40583 session range was entirely inside the preceding candle, leaving the October 8 low intact.
XRP/USD daily candles and Wilder RSI (14); RSI recovered to 43.30 while price formed an inside candle. Daily RSI, calculated over 14 periods with Wilder smoothing, rose to 43.30 from 41.17. Momentum improved with the higher close but remained below the neutral 50 line.
Four-hour RSI at the synchronized cutoff was 39.95, also below neutral. Neither reading establishes a completed momentum reversal.
The first support area spans $1.37297–$1.37915, combining the latest low with the preceding close. A daily close below $1.37297 would weaken the rebound and place $1.31770 back in focus.
A close beneath that lower boundary would invalidate the developing base and expose the September lows at $1.24610–$1.26409.
For recovery, XRP needs a daily close above $1.40583, followed by $1.42869. Clearing both would reopen the former support area around $1.447–$1.464. A return below $1.40583 after that breakout would weaken its confirmation.
The aggregate quote increased from Friday’s rounded $1.39 snapshot to $1.40, approximately 0.7%.
However, the completed close remained below the initial $1.39796 recovery hurdle identified in the previous report.
Hyperliquid Closes Flat as MACD Weakens Hyperliquid finished October 9 at $84.16, unchanged from the previous daily close. The session reached $86.56 but settled near the lower part of its $83.33–$86.56 range.
HYPE/USD daily candles with MACD (12,26,9); an unchanged close accompanied a more negative histogram. Daily MACD, using 12- and 26-period exponential averages and a nine-period signal EMA, remained below its signal line. The MACD line declined to 0.7585 against a signal of 1.9092. Its histogram became more negative, moving from −0.9359 to −1.1507.
This was continued weakening within an existing bearish line-signal relationship, not a new crossover. The MACD line remained above zero, while the four-hour MACD was below both zero and its signal at the chart cutoff.
Support lies at $82.61–$83.33, the latest two daily lows. A close below $82.61 would confirm another leg lower and expose the September trading area around $80.27–$81.56. The September 15 low at $75.11 is the deeper reference.
A daily close above $86.56 would improve the immediate structure, but $88.83 remains the stronger recovery threshold. Clearing it would reopen $91.28–$92.32. A subsequent close below $86.56 would weaken the breakout scenario.
Cardano Rebounds Toward the 50% Retracement Cardano closed October 9 at $0.242953, up 4.67%, after reaching $0.243405. The rebound followed the sharp October 8 decline, but the completed close recovered only part of that lost ground.
ADA/USD daily candles with Fibonacci levels of the October 6–8 decline; the completed close reclaimed 23.6%, with further gains occurring intraday. The Fibonacci grid measures an upward retracement of the downswing from the October 6 high of $0.282499 to the October 8 low of $0.223147.
Its principal recovery levels are $0.237154 at 23.6%, $0.245819 at 38.2%, $0.252823 at 50% and $0.259827 at 61.8%.
Friday’s close reclaimed 23.6% but remained below 38.2%. The later aggregate quote of $0.250879 stood above 38.2% and below the midpoint; that advance remains intraday.
A daily close above $0.245819 would confirm the next recovery step. Clearing $0.252823 would strengthen the case for a test of $0.258051–$0.259827, where the October 8 high meets the next retracement.
A close below $0.237154 would surrender the first recovery level and expose Friday’s $0.231118 low. Losing $0.223147 would invalidate the current rebound from the swing low and reopen $0.218200.
These levels describe conditional retracement scenarios, not assured targets.
Uniswap Rebounds but Remains Below Its Lower Bollinger Band Uniswap closed October 9 at $7.3206, up 2.93% from $7.1120. The session recovered from $7.1039 to $7.4482 but ended below the upper part of that range.
UNI Price Analysis 2026 10 10 Daily Bollinger Bands, using a 20-day simple moving average and two population standard deviations, placed the midpoint at $8.8970, the upper band at $10.3552 and the lower band at $7.4388. The close remained below the lower band for a second session.
That positioning shows persistent downside pressure relative to the recent price distribution. It does not, on its own, establish that a rebound must follow. Friday’s 348,333 UNI turnover was only 33% of the preceding 20-session average on Kraken.
A daily close above $7.4482 would clear Friday’s high and, if maintained relative to the recalculated band, mark a return inside the envelope. The next resistance references are $7.6730 and $8.0208. A return below $7.4388 would weaken the initial recovery, subject to the band’s daily adjustment.
Support spans $6.9894–$7.1039. Losing $6.9894 on a daily close would invalidate the latest rebound and expose the September support area around $6.6164–$6.6650.
U.S. crypto ETFs tracked across Farside Investors’ Bitcoin, Ethereum, Solana, Hyperliquid and Zcash tables recorded combined net outflows of $1.29 billion during Oct. 5–9, with Bitcoin and Ether funds accounting for most withdrawals.
Summary
Bitcoin ETFs lost $678.9 million despite returning to net inflows on Friday. Ethereum ETFs recorded $542.2 million in withdrawals across five consecutive negative sessions. Solana ETFs shed $25 million, with Bitwise’s BSOL accounting for most weekly redemptions. Zcash and Hyperliquid products posted respective weekly outflows of $30.8 million and $9.4 million. Farside Investors’ daily figures put combined Bitcoin and Ethereum ETF withdrawals at $1.22 billion for the five trading sessions. The other three tracked categories added $65.2 million in net outflows, leaving all five groups negative for the week.
Calculated from those tables, the five categories had attracted a combined $29.2 million during Sept. 28–Oct. 2. Bitcoin’s earlier inflows had offset withdrawals elsewhere, but its reversal pushed the latest aggregate sharply into negative territory.
Bitcoin ETFs lose $678.9 million despite Friday inflows Farside’s Bitcoin table recorded three negative sessions and two positive sessions during Oct. 5–9. Funds lost $89.8 million on Monday before attracting $118.8 million on Tuesday.
Wednesday brought the largest daily withdrawal at $484.9 million, followed by another $244.1 million on Thursday. Friday’s $21.1 million inflow reduced the weekly loss to $678.9 million, compared with $241.1 million in inflows the previous week.
At fund level, Fidelity’s FBTC led withdrawals with $380.3 million, followed by ARK 21Shares’ ARKB at $207.2 million. Bitwise’s BITB lost $45.3 million, while Grayscale’s GBTC shed $47.5 million.
BlackRock’s IBIT finished marginally positive at $1.1 million. Monday and Tuesday inflows totaled $191.9 million, but Wednesday’s $207.7 million withdrawal erased that gain. Thursday brought a further $5.5 million exit before Friday added $22.4 million.
Morgan Stanley’s MSBT gained $7.8 million, and Franklin Templeton’s EZBC added $4.7 million. Grayscale’s Bitcoin Mini Trust lost $11 million, while VanEck’s HODL finished $1.2 million lower.
Ethereum ETFs record five straight days of withdrawals Farside’s Ethereum figures showed $542.2 million in weekly net outflows, up from $138.1 million during Sept. 28–Oct. 2. Every session in the latest reporting period ended negative.
Monday’s $50.8 million withdrawal was followed by $201.9 million on Tuesday, the largest daily exit. Funds then lost $160.9 million on Wednesday, $72.5 million on Thursday and $56.1 million on Friday.
BlackRock’s ETHA accounted for $477.1 million, or approximately 88% of the weekly total. Its Tuesday withdrawal matched the entire category’s $201.9 million outflow that day.
Grayscale’s ETHE lost $31.9 million, while Fidelity’s FETH recorded $13.4 million in net withdrawals. Bitwise’s ETHW shed $5.9 million, and 21Shares’ TETH lost $7.5 million.
VanEck’s ETHV and Invesco’s QETH posted respective exits of $3.7 million and $2 million. Grayscale’s Ethereum Mini Trust also lost $2 million.
Morgan Stanley’s MSSE added $1.3 million on Thursday, making it the only Ethereum fund in the table with positive net flows for the week. BlackRock’s ETHB and Franklin Templeton’s EZET recorded no net flows.
Solana ETFs shed $25 million across five negative sessions Farside’s Solana table showed withdrawals on every trading day, totaling $25 million. The previous week had ended with a much smaller $800,000 net inflow.
Monday’s $9.2 million exit was the largest daily withdrawal. Tuesday recorded $3.7 million in outflows, followed by $4.8 million on Wednesday, $3.5 million on Thursday and $3.8 million on Friday.
Bitwise’s BSOL accounted for $21 million in weekly withdrawals, with negative flows on four sessions. Farside recorded no net movement for the fund on Tuesday.
The FSOL product lost $2.1 million on Monday, while Grayscale’s GSOL shed $3.7 million on Tuesday. Morgan Stanley’s MSOL partly offset those exits with $1.8 million in Thursday inflows.
VSOL, TSOL and SOEZ recorded no net flows during the period. Farside’s cumulative total for the Solana category stood at approximately $1.58 billion after Friday’s session.
Zcash and Hyperliquid funds add $40.2 million in exits Farside’s Zcash table recorded $30.8 million in weekly withdrawals from ZCSH. Monday brought a $3.6 million exit, Wednesday added $8.5 million, and Thursday recorded $18.7 million. Tuesday and Friday showed no net flows.
The latest loss followed $77.6 million in withdrawals during Sept. 28–Oct. 2. Across the two five-session periods, the table therefore recorded combined redemptions of $108.4 million.
Hyperliquid products lost $9.4 million during Oct. 5–9, reversing the previous week’s $3.4 million inflow, according to Farside’s separate table.
THYP accounted for $12.4 million in withdrawals, split between $2.7 million on Monday and $9.7 million on Thursday. Tuesday’s inflows of $1 million into BHYP and $2 million into HYPG partly offset those redemptions. Wednesday and Friday recorded no net flows across the three products.
Solana generates $38.2 million in revenue on dApps in seven days, compared to Ethereum’s poor performance which no longer holds up, even when adding up its entire ecosystem. Are we witnessing the beginning of a new era in the crypto market?
In brief $38.2 million revenue on dApps for Solana in seven days, compared to $11.7 million for Ethereum. Ethereum, Base, Polygon and OP Mainnet combined make $21.2 million, compared to $38.2 million for Solana. In August 2026, Solana was already number 1 for the month with $143 million, or 38% of the total onchain according to DefiLlama. See you on October 31, 2026, for the month’s closing which will tell if this crypto lead still holds. Solana Outperforms Ethereum on dApps in 7 Days Solana earns more than three times what Ethereum earns on dApps in 7 days, $38.2 million versus $11.7 million according to Token Terminal, in a ranking published by Solana Hub on October 10, 2026. Hyperliquid, a very fast crypto trading platform, comes second with $14.8 million. Ethereum still makes the podium but not on the highest step.
Why follow this figure? Because it can signal strong activity that generates money for the crypto network, beyond the tokens we buy hoping for an increase. However, it does not count the number of orders placed. Also watch the scope because the ranking follows entities of different natures (blockchains, platforms, ecosystems), it does not compare ten identical blockchains.
RankNetworkApplication revenue over 7 days (million dollars)1Solana38.22Hyperliquid14.83Ethereum11.74BNB Chain6.65Base4.36Robinhood4.27Polygon4.08OP Mainnet1.29Avalanche0.87410Near0.665Source: Token Terminal, ranking published by Solana Hub on X, data from the last 7 days as of October 10, 2026. Why do Crypto Users and Developers Choose Solana? Because crypto transactions cost very little there and go through quickly, which allows trading applications to operate at large scale. In August 2026, two trading terminals, Axiom (about $24 million) and FOMO (about $14.6 million), generated nearly $38.6 million of the $143 million of application revenue for the month, according to DefiLlama. According to our calculations, that represents 27% of the total.
The effect is like a snowball because the more crypto traders trade, the more applications (dApps) earn. The more they earn, the more other teams come to build in the same place. Solana is also called monolithic; everything happens on a single chain, with a single reserve of money available for exchange. This can facilitate liquidity flow and transaction execution.
Is the Ethereum Ecosystem Underestimated by its Main Network? Partly. Over seven days, Ethereum with its $11.7 million, represents only a part of its ecosystem’s activity. Base ($4.3 million) and OP Mainnet ($1.2 million) are Ethereum Layer 2s, and Polygon ($4.0 million) is a neighboring network, whose PoS network has a distinct technical status from a classic Layer 2. According to our calculations, this extended scope totals $21.2 million. But even with this extended scope, Solana still holds a $17 million lead.
Crypto : Has Solana Definitively Beaten Ethereum? Not yet… A seven-day ranking does not prove a lasting reversal. Except that Solana is not new to success against Ethereum because in August 2026, it was already number 1 in dApp revenues, and the official crypto network account made this known on X:
Solana is number 1 for application revenues in August with $143M. 38% of all onchain application revenues.
But revenues don’t tell everything. They do not measure liquidity, security, value locked in applications (TVL), or the number of active users. Especially since Solana still has points to prove. These revenues mainly come from trading, so from an activity that follows the appetite for risky assets. So these performances will have to be watched over three to six months to know if they last.
The competition between Solana and Ethereum pushes the entire crypto sector to move faster, and Solana is no longer a mere challenger on dApp revenues. The real test will come at the month’s close, October 31, 2026. In your opinion, will Ethereum regain first place thanks to its Layer 2s, or is SOL the new king of dApps?
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Kripto para piyasasında uzun vadeli yatırım fırsatları yeniden gündeme gelirken, bankacılık devi Standard Chartered‘ın dijital varlıklar araştırma başkanı Geoffrey Kendrick, 2030 yılına kadar öne çıkabilecek altcoin projelerini değerlendirdi. Kendrick, özellikle stablecoin kullanımının yaygınlaşması ve gerçek dünya varlıklarının tokenizasyonunun hızlanmasıyla Ethereum (ETH), Arbitrum (ARB), Chainlink (LINK), Uniswap (UNI), Aave (AAVE) ve Morpho (MORPHO) gibi projelerin önemli büyüme fırsatları yakalayabileceğini belirtti.
Standard Chartered: Altcoin Piyasasında Yeni Dönem Başlıyor Standard Chartered’ın dijital varlıklar araştırma başkanı Geoffrey Kendrick’e göre kripto para piyasasında önemli bir dönüşüm yaşanıyor. Geçmişte büyük ölçüde spekülatif fiyat hareketleriyle yön bulan altcoin piyasası, artık gerçek kullanım alanları ve gelir üreten blockchain protokolleriyle farklı bir aşamaya geçiyor.
Kendrick, özellikle 2025 yılının ortalarından itibaren stablecoin kullanımının artmasıyla bazı kripto para projelerinin gerçek ekonomik faaliyetlerden işlem ücreti kazanmaya başladığını vurguladı. Ünlü analist, bu dönüşümün uzun vadede Bitcoin’in toplam kripto para piyasasındaki hakimiyetini azaltabileceğini düşünüyor.
Böylece tokenizasyon, merkeziyetsiz finans ve blockchain altyapısına odaklanan altcoinlerin ön plana çıkabileceğini değerlendiriyor.
İlginizi Çekebilir: Ethereum’da Düşüş Alarmı: 2.100 Dolar Uyarısı!
Geoffrey Kendrick’in dikkat çektiği projelerin başında Arbitrum (ARB) ve Chainlink (LINK) geliyor. Analiste göre Arbitrum, geleneksel finans şirketlerinin blockchain teknolojisine yönelmesinden önemli ölçüde faydalanabilir. Robinhood’un Arbitrum teknolojisini kullanmasını örnek gösteren Kendrick, önümüzdeki dönemde benzer altyapıyı tercih eden şirketlerin sayısının artabileceğini belirtti. Coinbase’in Base ağına kıyasla Arbitrum’un kendi tokenine sahip olması da ARB’yi yatırımcılar açısından farklı bir konuma taşıyor. Chainlink tarafında ise gerçek dünya verilerinin blockchain ağlarına güvenilir şekilde aktarılması ve farklı ağlar arasında bağlantı kurulması öne çıkıyor. Kendrick, bankaların ve varlık yönetim şirketlerinin tokenizasyon süreçlerinde güvenilir veri altyapısına ihtiyaç duyacağını, bunun da Chainlink’in önemini artırabileceğini düşünüyor.
Ethereum, Uniswap, Aave ve Morpho Neden Öne Çıkıyor? Standard Chartered analisti, Ethereum’un stablecoin ve tokenizasyon faaliyetlerinin merkezinde kalmasını bekliyor. Kendrick’e göre blockchain tabanlı finansal uygulamaların yaygınlaşması, Ethereum ekosistemindeki ekonomik faaliyetleri artırabilir ve ETH’nin uzun vadede Bitcoin’den daha güçlü performans göstermesine katkı sağlayabilir.
Uniswap (UNI) da analistin dikkat çektiği projeler arasında bulunuyor. Kendrick, Robinhood Chain üzerindeki faaliyetlerle bağlantılı olarak Uniswap’ın token geri alım ve yakım mekanizmasındaki artışın kendi beklentilerini aştığını belirtti.
Merkeziyetsiz kredi piyasasında ise Aave (AAVE) ve Morpho (MORPHO) öne çıkıyor. Gerçek dünya varlıklarının blockchain ağlarına taşınmasıyla merkeziyetsiz borç verme ve kredi protokollerine yönelik talebin artabileceği değerlendiriliyor. Bununla birlikte protokollerin gelirlerinin yükselmesi, ilgili tokenlerin fiyatlarının aynı oranda artacağını garanti etmiyor.
2030’a Kadar Hangi Altcoinler Yükselebilir? Geoffrey Kendrick, günümüzün bazı blockchain projelerini Amazon’un 1997 yılındaki ilk dönemlerine benzetti. Analiste göre bugün sınırlı ölçüde değer gördüğü düşünülen bazı kripto para projeleri, gelecekte çok daha büyük finansal altyapıların temelini oluşturabilir. Kendrick, Arbitrum hakkındaki uzun vadeli beklentisini şu sözlerle dile getirdi: “10 yıl sonra insanlar geriye dönüp ‘Keşke Arbitrum’u 21 centten alsaydım’ diyecek.” Genel değerlendirmede Standard Chartered analistinin öne çıkardığı Ethereum, Arbitrum, Chainlink, Uniswap, Aave ve Morpho, tokenizasyon ve merkeziyetsiz finansın büyümesinden faydalanabilecek projeler arasında yer alıyor.
Son Dakika kripto para haberleri için hemen tıkla.
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