Bitcoin (BTC) jumped 5.8% to levels above $69,500 on Wednesday, wiping out $1.23 billion in bets against it in one hour. Is the crypto bull market back?
The rally ran market-wide, with Ethereum (ETH) up 9% to $2,088, Solana (SOL) up 6.5%, and XRP (XRP) up 6.9%. One decision in Washington set it off.
Crypto Market Explodes Wednesday. Source: CoinGeckoA $4 Billion Signal From the US TreasuryThe US Treasury said it will double its buybacks of long-term government bonds to at least $4 billion per operation. In plain terms, the government stepped in as a buyer of its own debt.
The timing couldn’t be better for risk assets. The 30-year yield, the interest rate the US pays on its longest debt, had just hit 5.337%. That was its highest level since 2007. The Treasury buyback announcement knocked it back to 5.192%.
Markets read the move as proof that Treasury Secretary Scott Bessent is watching borrowing costs. When yields fall, bonds pay less, and money hunts for returns elsewhere. Bitcoin sits near the front of that line.
$1.2 trillion has been added to precious metals and crypto in the last 3 hours.
Gold up +3.08%, adding $934 billion.
Silver up +3.86%, adding $136 billion.
Bitcoin up +8.14%, adding $103 billion.
Ethereum up +9.66%, adding $22 billion.
This comes as the Treasury announced it… pic.twitter.com/3P02115yc6
— Bull Theory (@BullTheoryio) August 19, 2026
Sentiment followed. The Crypto Fear and Greed Index moved to 46 on Wednesday, steadily approaching the neutral zone after sitting lower last week.
Crypto Fear and Greed Index. Source: Alternative.meHow $1.23 Billion in Short Bets Vanished in One HourTraders who bet on falling prices, known as shorts, paid dearly. Roughly $1.23 billion of those bets were closed out at a loss within an hour.
Across 24 hours, the billion-dollar short liquidations reached $1.57 billion and hit more than 114,000 traders. Three large wallets on Hyperliquid lost a combined $194 million alone.
Here is why that fuels a rally. When a short bet fails, the exchange buys the asset back at market price. Every forced buy pushes the price higher, which wipes out more shorts. The squeeze feeds itself.
Analyst Michaël van de Poppe argued that the Treasury decision changes the market’s trajectory.
“This is a great announcement and is a great trigger for the markets. #Bitcoin in a bull market, the likelihood of this has increased,” he shared in a post.
Follow us on X to get the latest news as it happens
The daily chart carries a warning in itself. Wednesday’s candle ran straight into a fair value gap (FVG), a zone the price crashed through in early June too fast for normal two-way trading. Think of it as a pothole the market skipped on the way down.
Price tends to revisit these zones to fill the imbalance before picking a direction. This gap sits between roughly $67,516 and $70,686. Bitcoin tagged it on Wednesday, reaching an intraday high of $69,500 as of this writing, before easing to $67,996 at press time.
Bitcoin Fair Value Gap (FVG). Source: TradingViewThe gap’s midline near $69,110, known as the mean threshold (ME), is the tiebreaker. A daily candle close above it would suggest the rally has further to run.
A rejection would mean the gap has done its job. The inefficiency is filled, and the broader downtrend could resume.
The volume profiles (black for bears and green for bulls) show where traders are positioned on the vertical axis. Based on the chart, more bulls than bears are waiting to interact with BTC price above the gap’s midline, lending credence to the need for the price to close above it.
Such a move could propagate further upside, with the Bitcoin price likely to reach $72,000, almost 6% above current levels.
However, with bears (black horizontal bars) still hovering below the mean threshold, price could remain subdued below $69,000.
Bull Market Signal or Temporary Swing?The skeptics have numbers too. Bitcoin’s price action still sits roughly 46% below its October 2025 record of $126,080.
Bitcoin Price Outlook. Source: BeInCrypto
“History suggests Bitcoin is approaching a resistance area it won’t be able to breach at this very moment in the market cycle,” analyst Rekt Capital cautioned, suggesting charts still favor sellers.
Borrowed money adds another worry. Bitcoin’s funding rate warning flashed this week after the metric hit a 20-month high. That means traders are paying steep fees to keep betting on higher prices.
Similar readings preceded past pullbacks. Analyst Benjamin Cowen still places Bitcoin’s cycle bottom 69 to 73 days away.
The bulls answer with demand. CryptoQuant data showed Bitcoin demand growing again on a 30-day basis for the first time in months. That suggests real buying, not just forced buying.
Spot and Futures Demand
“Spot and perpetual futures demand growth have both crossed back above zero on the 30-day sum. It is the first time in months that the two are positive at the same time.” – By @RugaResearch
Complete breakdown ⤵️https://t.co/SuCyK3B6mB
— CryptoQuant.com (@cryptoquant_com) August 19, 2026
The next test is clear. Traders want bulls to defend the $65,000 to $67,000 zone and close a daily candle above $69,110 on Wednesday.
Federal Reserve minutes from the July meeting, due today, could decide which side gets its answer first.
DeFi platforms on Solana are leading in the number of tokenized stock deposits, according to a report from TokenTerminal. This highlights Solana’s competitive position as a prominent player in the decentralized finance (DeFi) space, potentially attracting increased interest and investment. However, the impact of this news might be limited due to the source being a Tier 3 social media account. Market interest appears consistent with the possibility of a positive impact on Solana’s ecosystem, but current prediction markets show varied expectations regarding Solana’s price reaching higher targets in August.
Key Takeaways Market activity suggests Solana’s DeFi presence is recognized, potentially boosting its ecosystem. Pricing currently implies low expectations for Solana reaching $160 by September 1, with a 0.1% YES. Solana’s $90 target shows relatively higher confidence, with a 24.9% YES, indicating some support for upward movement. What to Watch Watch for developments in Solana’s DeFi offerings and any institutional interest in tokenized assets on the platform, as these could influence market sentiment. Additionally, any updates on Solana’s network performance or regulatory changes may impact price predictions. Key dates include market resolution on September 1, where changes in sentiment could alter the current outlook for Solana’s pricing.
Get live prediction-market analysis, powered by Vera. Sign up for Vera.
Term Structure
Contract Odds Δ since publish Volume 24h September 1 2026 0.1% — — View market → September 1 2026 0.7% — — View market → September 1 2026 0.8% — — View market → September 1 2026 1.1% — — View market → September 1 2026 4.5% — — View market → September 1 2026 24.9% — — View market → September 1 2026 8.5% — — View market → September 1 2026 1.6% — — View market → September 1 2026 0.3% — — View market → September 1 2026 0.1% — — View market → September 1 2026 0.7% — — View market →
On October 10 last year, a Friday, a tariff headline hit an over-leveraged market, and roughly $19 billion in positions were liquidated within 24 hours, most of them longs, most of them retail.
Bitcoin fell from above $120,000 to around $105,000. Solana lost 40% before finding a bid, and more than 1.6 million accounts went to zero or close to it. Prices eventually stabilized. The people did not come back the same way.
Ten months on, October 10 will be remembered less for the crash itself than for what it did to retail behavior. The risk appetite survived. It just stopped showing up in the same places.
Biggest Crypto Liquidations of All-Time. Source: Coinglass
A Drawdown for Some, a Wipeout for Others
The October 10 crash showed how different spot and futures trading are, if it wasn’t clear before. A spot trader took a brutal hit that day, but they still held on to their coins. They can still wait for prices to eventually go back up. But a perpetual futures trader likely has nothing left.
Rebuilding capital from zero is a different project than sitting through a bad year.
Every dataset since carries the mark. On-chain perp volumes fell for five straight months after October, from $1.36 trillion to under $700 billion, with no bounce in between.
An estimated 38% of altcoins now sit near all-time lows, a worse reading than the aftermath of FTX, and the median altcoin trades roughly 79 percent below its cycle peak.
Tokens that carried multi-billion-dollar valuations in September learned in October that there was no bid underneath them until they were 50-80% lower.
Something else shifted alongside the prices. With stock markets setting records on AI, crypto stopped being the only destination for risk capital, and investors started demanding an answer to a question this industry dodged for years: what is a token actually worth when speculators’ attention moves elsewhere?
Bitcoin Price Chart Since October 10, 2025. Source: CoinGecko
Why Hyperliquid Went Up While Markets Crashed
Hyperliquid is instructive because it had an answer. HYPE traded down into the mid-$20s over the winter, then set a new all-time high near $77 in June on the back of more than $650 million in annual revenue, and now carries a market cap above $12 billion.
A crypto business with real cash flow got repriced upward in the middle of a bear market. The wave of perpetual DEXs that launched to copy it mostly did not, because they were not creating new traders so much as renting the same ones from each other.
One prominent venue lost 83% of its monthly volume the moment its incentive season ended. The industry kept adding venues while the pool of perp traders shrank. Hyperliquid is starting to look like the exception, not the template.
Hyperliquid Monthly Revenue and TVL. Source: DeFilLama
The Game That Never Needed Leverage
Meanwhile, the traders everyone assumed would be the first casualties were barely noticed. Meme coin traders came through October relatively intact because their game never ran on leverage, and by January, while altcoins bled out, pump.fun was printing an all-time high above $2 billion in daily volume.
Roughly 97% of meme coins die. Every serious participant knows it and plays anyway. There is no white paper to read and usually no technology to evaluate. Because dead tokens are part of the design, the way lost hands are part of poker.
What gets analyzed instead is holder counts, wallet concentration, supply distribution, who bought and when, and how fast attention is spreading. Market structure, attention, and social coordination. That is the asset.
The closest analogy is competitive gaming rather than investing. These traders grind, refine their tactics, study the other players at the table, and treat a losing trade as one bad round in a long session rather than a failed thesis.
The goal is not to invest in an asset. It is to win a PvP game.
Where the Volume Went
So are the perpetual futures dying along with the altcoin market it grew up on? The volume data points the other way.
In the first five months of 2026, exchanges processed $1.32 trillion in perpetual futures tied to stocks, indices, and commodities, against $104 billion in all of 2025. The first regulated tokenized-equity perps went live in February.
The S&P 500 now has a licensed on-chain perpetual, and when Wall Street closes on Friday afternoon, these contracts keep trading through the weekend, increasingly setting the price Monday opens against.
Some exchanges, like Phemex, launched TradFi futures. This is because users have been demanding it through their behavior, if not their words.
Tesla, Apple, Nvidia, gold, silver, and the major indices now trade around the clock on the same USDT account and margin system as their crypto positions, and volume crossed $100 million on day one. Nobody was holding out for another altcoin listing. They wanted something worth trading at 3 a.m. on a Sunday.
As today’s meme coin traders age and accumulate capital, many of them will likely diversify into exactly these markets, on rails they already know how to use.
The Rewiring: Crypto Will Never Be the Same Again
The 2020 version of this industry, hundreds of tokens sustaining deep valuations and deep perp books all at once, is probably gone for good. What replaced it is narrower and more honest.
On one end, a fast, explicitly player-versus-player game in the memecoin ecosystem. On the other hand, perpetual futures are quietly becoming infrastructure for global markets.
The market that produced the last altcoin boom may never come back. The infrastructure it built is getting started, and it is already moving markets far beyond crypto. Our job is to be where speculation is going, not where it was.
Jupiter’s dominance of Solana’s DEX aggregator market has reached a new low. According to Blockworks data, Jupiter accounted for 48% of Solana DEX aggregator volume on August 18, marking the first time its daily share has fallen below 50% since launch. OKX captured 37%, while DFlow and Titan accounted for 13% and 2%, respectively.
The latest figures extend a decline that has accelerated over the past several months. In early April, Jupiter controlled about 90% of weekly aggregator volume. By Aug. 1, that figure had fallen to 71%, representing a roughly 20% decline in 4 months.
OKX and DFlow have captured much of the share Jupiter has lost. OKX held 13% of daily volume on Aug. 1, while DFlow accounted for 11%.
Jupiter Continues Expanding As Revenue Declines Jupiter’s declining aggregator share comes as the company continues to expand its broader DeFi ecosystem.
Jupiter Lend has steadily gained ground against competitors such as Kamino in recent weeks. Its Gacha product also attracted more than $27 million in user spending within 3 weeks of its launch.
On Aug. 10, Jupiter launched Lend v2, which introduced Smart Collateral and Smart Debt. The optional features allow deposited and borrowed assets to also provide DEX liquidity, giving users the potential to earn lending yield alongside trading fees and, where applicable, staking rewards.
The additional yield depends on actual trading activity through the associated liquidity pools, linking Lend v2's performance partly to Jupiter’s routing activity.
Jupiter’s falling market share also comes against a backdrop of declining revenue. DefiLlama data indicates that Jupiter generated about $2.24 million in revenue so far in August. That figure puts the platform on pace for another relatively weak month if the current trend continues.
The decline looks more significant when compared with Jupiter’s 2024 and 2025 performance.
Monthly revenue surged throughout 2024 and peaked at over $28 million in late 2024. Several months in 2025 also generated more than $10 million, with some approaching or exceeding $20 million.
Revenue has since fallen considerably. Recent monthly figures have fallen to their lowest levels in roughly two years, highlighting the pressure facing its core business as trading activity and aggregator share change.
OKX Gains While Titan Fades OKX has emerged as Jupiter’s most significant challenger in the aggregator market. Incentivized trading campaigns may have contributed to its rising share.
Titan, meanwhile, has fallen from being Solana’s second-largest aggregator to just 2% of daily volume according to Blockworks data. Titan operates as a meta-aggregator, meaning its quotes can include routing through other aggregators. That structure can cause some of its flow to appear in competing venues.
Despite weaker overall onchain activity during the crypto bear market, DEX aggregators remain important to Solana traders even as DEX aggregator share of spot volume has dropped to its lowest level in months.
Jupiter’s fall below 50% therefore marks more than a change in one platform’s market share. It signals a more competitive Solana trading market, with OKX and DFlow increasingly challenging the dominance Jupiter held for years.
Read More on SolanaFloor Solana Embraces 12.5% Speed Boost with Slot Times Dropping in Next 48 Hours
SEC Unveils ‘Regulation Crypto Assets’ Framework for Crypto Startups to Raise Money
Hyperliquid, Ethereum, and Solana have all seen notable price increases, each rising by over 20% in the past 24 hours. Hyperliquid’s native token HYPE was around $72.19 with a 23.1% gain, while Ethereum’s ETH stood at approximately $1,921.93. Solana’s recent surge is attributed to ongoing developments within its network, rather than a single major market event. These price movements place all three assets among the strongest performers in the crypto top 100 for the day. Market participants appear to be showing significant interest, particularly in Solana, as its price momentum increases the likelihood of reaching higher targets in August.
Advertisement
Key Takeaways The recent price surge in Solana suggests market participants are optimistic about its potential to reach higher price targets within August. Hyperliquid’s HYPE token rise is consistent with strong interest due to its token-burn and buyback mechanics. Ethereum’s steady price increase aligns with continued market confidence in its long-term utility and relevance. What to Watch Observers will be monitoring whether Solana can sustain its upward momentum, with potential catalysts including network upgrades and institutional interest. The focus will also be on any developments from the Solana Foundation and ecosystem leaders, particularly as they relate to technological upgrades and potential ETF approvals. Market participants may also keep an eye on macroeconomic factors that could influence broader market trends.
Get live prediction-market analysis, powered by Vera. Sign up for Vera.
Term Structure
Contract Odds Δ since publish Volume 24h September 1 2026 0.1% — — View market → September 1 2026 0.9% — — View market → September 1 2026 0.9% — — View market → September 1 2026 1.3% — — View market → September 1 2026 16.2% — — View market → September 1 2026 66.4% — — View market → September 1 2026 7% — — View market → September 1 2026 1.2% — — View market → September 1 2026 0.4% — — View market → September 1 2026 0.1% — — View market → September 1 2026 0.7% — — View market →
Solana Mobile has announced the launch of a USDC Earn Vault within its Seed Vault Wallet, using the DeFi protocol Kamino. This initiative allows Seeker users to earn variable yield on USDC deposits with automatic compounding and no lockup period. The move integrates more closely Solana’s consumer wallet offerings with on-chain yield products, potentially enhancing user engagement with the Solana ecosystem. Kamino’s role as a DeFi protocol offering lending and liquidity products further supports this integration, showcasing Solana’s commitment to expanding its mobile wallet capabilities.
The market reaction to this development suggests potential increased interest in Solana-related products. Although the source is classified as Tier 3, indicating limited immediate impact, markets may still view this as a positive indicator for Solana’s network growth. Current predictions for Solana’s price reaching certain targets in August show mixed expectations, with some significant movements in probabilities observed in recent activity.
Key Takeaways Solana Mobile’s launch appears to integrate its consumer wallets more deeply with on-chain services, suggesting enhanced ecosystem utility. Market behavior indicates potential user growth in Solana’s ecosystem due to this added functionality with USDC Earn Vault. Despite the Tier 3 source, the development is seen as consistent with potential for increased demand for Solana. What to Watch Watch for subsequent Solana announcements or partnerships that could further influence its ecosystem development. Any changes in Solana’s network performance or additional product integrations may support scenarios where Solana gains increased utility. Additionally, attention should be given to broader market movements and regulatory developments that could affect the overall sentiment towards Solana and its offerings in the DeFi space.
Get live prediction-market analysis, powered by Vera. Sign up for Vera.
Term Structure
Contract Odds Δ since publish Volume 24h September 1 2026 0.1% — — View market → September 1 2026 0.9% — — View market → September 1 2026 0.9% — — View market → September 1 2026 1.2% — — View market → September 1 2026 16.2% — — View market → September 1 2026 66.1% — — View market → September 1 2026 7% — — View market → September 1 2026 1.2% — — View market → September 1 2026 0.4% — — View market → September 1 2026 0.1% — — View market → September 1 2026 0.7% — — View market →
Solana’s Aug. 13 changelog lists feature gates to reduce slot times to 250 milliseconds on testnet and to 300 milliseconds on both testnet and devnet, alongside a series of client, SDK and validator updates.
The Solana Foundation’s changelog is an engineering roundup, not a statement that every listed feature has reached mainnet. The entry separates released versions, proposals and work in progress across the ecosystem.
Client releases and validator work The release list includes an Agave v4.3 schedule and v4.2.0, Firedancer testnet v26.08.0 and mainnet 1.1.4, and a Frankendancer mainnet release. It also identifies changes under development for program caching, vote verification, transaction processing and snapshots.
For developers, the changelog also notes work across Web3.js, Kit, Solana Go, Anchor and testing tools. Some entries are framed as planned or proposed, so their inclusion should not be read as confirmation of activation on every network.
Transaction and blockspace changes One proposal cited in the changelog would increase the number of accounts a transaction can reference. The Foundation connected that work to larger blockspace and transaction-size limits described in the post, which it said could support more complex applications.
The changelog also discusses transaction-format testing and future scheduling considerations as transaction sizes change. These are implementation details relevant to builders and infrastructure operators rather than a consumer product announcement.
Hosting incident update The same entry reports a routing issue at a Frankfurt location used by several validators on Aug. 12. The Foundation said the Solana network remained operational and attributed that outcome to the amount of affected stake staying below the consensus threshold cited in the post.
As with the release items, the incident account reflects the Foundation’s update. Operators can use the linked release notes and repository references to assess compatibility with their own software.
AUTHOR
A freelance writer with a passion for crypto, delivering insightful and accurate content on blockchain and fintech. With a knack for translating complex concepts into accessible content, Eric produces well-researched articles, blog posts, and thought leadership pieces that cover the latest trends and developments in the digital finance space. His writing is aimed at educating and engaging both newcomers and industry experts, offering fresh insights into the world of cryptocurrencies, decentralized finance (DeFi), and blockchain innovations. Eric’s dedication to quality and accuracy makes him a trusted voice in the fintech and crypto communities
Solana Policy Institute CEO Miller Whitehouse-Levine said on Aug. 18 that the CLARITY Act has only a 10% chance of becoming law before the November midterm elections.
Summary
Solana Policy Institute CEO Miller Whitehouse-Levine assigns the Clarity Act 10% odds before November’s midterms. Senate leaders scheduled a cloture vote on proceeding to the bill for September 15 afternoon. Polymarket currently prices 2026 passage near 20%, with trading volume exceeding $7.2 million in total. The procedural vote would begin Senate consideration and would not constitute final passage of legislation. SEC proposed separate crypto offering rules while Congress continues debating broader digital asset market structure. Speaking at the Wyoming Blockchain Symposium, Whitehouse-Levine described the digital asset market structure bill as being in “August recess purgatory.” He said the narrowing congressional calendar and unresolved industry disputes had made passage increasingly difficult.
His percentage is a personal assessment, not an official forecast. The Senate has taken one procedural step that preserves a September path, but several votes and further negotiations would still be required.
CLARITY Act faces a Sept. 15 procedural test Senate Majority Leader John Thune filed cloture on the motion to proceed to H.R. 3633 before senators left Washington. The chamber resumes normal business on Sept. 14.
The official Senate schedule says the cloture motion will ripen at 2:15 p.m. on Sept. 15. Approval would allow the Senate to begin considering the legislation.
The vote is not final passage. Senators would still need to debate the measure, consider amendments and approve the resulting text. Any Senate changes could also require further House action before the bill reaches the president.
As crypto.news previously explained, the September procedural vote will test whether supporters have enough bipartisan backing to overcome the Senate’s 60 vote cloture threshold.
Prediction markets remain more optimistic Polymarket’s live market placed the chance of the CLARITY Act becoming law in 2026 at approximately 20% on Aug. 19. Trading volume had passed $7.2 million.
Kalshi traders placed the probability near 23% on Aug. 18, down from roughly 50% less than a month earlier. Prediction market prices can move quickly and do not guarantee legislative outcomes.
The comparison with Whitehouse-Levine’s 10% estimate requires caution. His prediction covered passage before the November midterms, while the Polymarket contract allows the bill to become law through Dec. 31.
SOLANA $SOL POLICY INSTITUTE CEO MILLER WHITEHOUSE-LEVINE SAYS CLARITY ACT IS IN "AUGUST RECESS PURGATORY," GIVES IT 10% ODDS OF PASSING BEFORE MIDTERMS
— The Wolf Of All Streets (@scottmelker) August 18, 2026 The market therefore includes a possible post election session. That wider deadline partly explains why traders may assign higher odds than Whitehouse-Levine did.
Stablecoin and ethics disputes narrow the path Whitehouse-Levine said participation by banks, securities companies and derivatives firms had added competing demands to negotiations. Banks remain concerned about provisions involving stablecoin rewards, while other financial firms are focused on sections affecting their existing businesses.
Democratic lawmakers have also sought ethics restrictions covering government officials’ digital asset interests. Those disputes add to negotiations over SEC and CFTC jurisdiction, decentralized finance and customer protection.
Whitehouse-Levine called himself “hopeful, but realistic about its odds.” He also warned that failure would discard more than a year of work by congressional lawmakers and staff.
In earlier coverage, crypto.news mapped how the limited Senate calendar leaves little time for debate and amendments before election politics consume the floor.
SEC moves while Congress remains stalled The SEC proposed Regulation Crypto Assets on Aug. 18, creating a separate regulatory track while Congress debates the broader market structure bill.
The agency’s proposal includes two exemptions for certain investment contracts involving crypto assets. One would cover offerings of up to $5 million during four years. Another would cover up to $75 million during each 12 month period.
The rules remain proposals and cannot replace every provision in the CLARITY Act. Agency rules also carry less permanence than federal legislation and remain subject to statutory limits and court review.
Whitehouse-Levine said regulators should move because the industry “can’t afford to keep waiting for Congress.” His organization plans to focus on token fundraising pathways and rules allowing more securities and derivatives activity to occur onchain.
The next confirmed event is the Sept. 15 cloture vote. Failure to proceed would sharply reduce the bill’s remaining 2026 path. Success would keep it alive but leave amendments, final passage and possible House coordination unresolved.
Interstice Digital has launched a non-custodial cross-chain swap engine with FalconX that connects the Canton Network with Ethereum, Solana, and Robinhood Chain while using FalconX to supply liquidity.
Summary
Interstice Digital has launched a non-custodial swap engine connecting Canton with Ethereum, Solana and Robinhood Chain. FalconX is providing liquidity for cross-chain swaps without Interstice taking custody of user assets. The engine gives users a route between tokenized assets on Canton and liquidity across major public blockchains. Canton is already being used for tokenized Treasuries, stablecoin settlement and institutional collateral transactions. Interstice Digital said in an Aug. 18 announcement that the engine lets users swap assets across the four networks without the company taking custody of funds or executing transactions on their behalf. The company also said the product has been named a Featured App on Canton.
The system is designed to give users a route between tokenized assets issued or traded through Canton and liquidity available on public blockchain networks. FalconX, which provides digital asset prime brokerage services to institutional investors, is supplying liquidity for the engine.
Interstice Digital links Canton with three public-chain markets Under the new setup, Interstice is connecting Canton’s institution-focused infrastructure with Ethereum, Solana and Robinhood Chain, three networks that provide access to different parts of the digital asset market.
Interstice described Canton as a public, permissionless blockchain built for capital markets, with privacy and permissioning controls intended for regulated transactions. The network is used by financial institutions working with tokenized securities, collateral, and blockchain-based settlement.
For the public-chain side of the connection, Interstice cited the scale of the networks involved. The company said Robinhood has 28 million funded accounts and $369 billion in total platform assets, while Robinhood Chain reached 100 million transactions faster than any other EVM network.
Solana recorded 167 million monthly active addresses in April 2026 and handled $650 billion of stablecoin transaction volume in February, according to figures cited by Interstice. The company described Ethereum as the industry’s deepest developer ecosystem and noted that Robinhood Chain uses Ethereum technology as its base.
“We built the cross-chain swap engine to help connect Solana, Ethereum, and Robinhood Chain to the growing Canton ecosystem where over $9T in tokenized RWA flow monthly,” Interstice Digital CEO Janine Yorio said.
Interstice did not disclose which assets are supported at launch or provide transaction-volume figures for the engine. The company is a wholly owned subsidiary of Everyrealm and is backed by investors including a16z Crypto, Coinbase Ventures, Galaxy and Brevan Howard.
FalconX supplies liquidity without Interstice holding user assets FalconX’s role centers on liquidity for swaps routed through the engine. Interstice said its non-custodial structure means it does not hold customer assets or act as the party executing transactions for users.
FalconX Head of Trading Strategy Hassan Bassiri said institutional demand for digital assets is increasing and argued that firms will need infrastructure capable of moving capital between different ecosystems.
“The cross-chain swap engine we’ve developed with Interstice Digital is exactly the kind of infrastructure this market needs,” Bassiri said, after describing cross-ecosystem capital movement as an important requirement for institutional firms.
Canton is also being used for live and trial transactions involving government securities, stablecoins and institutional collateral.
Earlier in August, four Mitsubishi UFJ Financial Group companies launched a proof of concept to test Japanese government bond repo transactions on Canton, as crypto.news reported on Aug. 13. MUFG, Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ Trust and Banking and MUFG Bank are working with Digital Asset and Progmat on the project.
The participants plan to test automated processing and real-time settlement available around the clock. The trial forms part of Japan’s Financial Services Agency-backed Payment Innovation Project and includes work on whether blockchain infrastructure can improve funding and capital use in repo markets.
An earlier Japanese trial involving Japan Securities Clearing Corporation, Mizuho Financial Group, Nomura Holdings and Digital Asset tested whether rights linked to Japanese government bonds and updates to book-entry records could be handled through Canton while remaining within Japan’s existing legal framework.
Canton has expanded tokenized settlement activity Canton has also been used in transactions involving tokenized U.S. government securities. In July, Tradeweb said it executed an onchain U.S. Treasury trade in which Franklin Templeton transferred a tokenized Treasury security to Virtu Financial in exchange for tokenized cash.
Tradeweb provided execution and price discovery, while Canton synchronized settlement between the two assets in real time, according to the companies involved. Tradeweb described the transaction as the first real-time purchase and sale of a tokenized U.S. Treasury settled against USDCx, a USDC-backed stablecoin issued on Canton.
Societe Generale, Digital Asset and Blockdaemon also participated in the transaction. Societe Generale has separately deployed euro- and dollar-denominated stablecoins on Canton for uses including tokenized collateral, repo financing and institutional settlement.
Payment companies are testing the network as well. Visa tested private stablecoin settlement using Brale’s SBC token on Canton in June and has since included Canton among the blockchains supported by its stablecoin settlement program. A July report on Visa’s program said the settlement pilot supported nine blockchains and had reached a $7 billion annualized run rate by March.
Visa joined Canton as a Super Validator in March before adding the network to its stablecoin settlement work. The company received approval for its validator application that month and later added Canton to its stablecoin settlement pilot.
Digital Asset has raised capital for Canton expansion Institutional funding has accompanied the increase in activity around the network. Digital Asset, the company behind Canton, raised $355 million in June in a round led by Andreessen Horowitz’s a16z crypto fund.
A16z crypto contributed $100 million to the round, while other participants included Citadel Securities, Apollo, BNP Paribas, CME Ventures, Coinbase Ventures, HSBC, Optiver and the Abu Dhabi Investment Authority. Digital Asset said the capital would support partnerships, acquisitions and expansion of the Canton ecosystem.
The funding followed a $135 million strategic round involving Goldman Sachs, Citadel Securities, DTCC, BNP Paribas and Tradeweb Markets. Digital Asset has positioned Canton for financial applications that require transaction privacy while allowing different institutions and applications to coordinate settlement.
Canton’s use in government-bond markets has continued in Asia. The MUFG repo proof of concept is examining Japanese government bonds in short-term financing transactions, while a separate Progmat working group has been studying tokenized JGBs, stablecoin settlement, T+0 processing and 24-hour access.
S&P Dow Jones Indices and Kaiko have also placed the iBoxx U.S. Treasuries index on Canton through smart-contract infrastructure, according to the Aug. 13 MUFG report. The index project sits alongside other Canton-based work involving tokenized Treasury products and institutional collateral.
Solana (SOL) is attracting renewed attention after showing signs of bullish momentum, with buyers stepping back into the market. As technical signals improve, the price has climbed to $76.91, according to data from Brave New Coin. Traders are closely monitoring whether this shift marks the beginning of a larger recovery following months of consolidation.
Technical patterns signal breakout potentialTrader Symba has identified a tightening formation on Solana’s daily chart, where the price is compressing between descending and ascending trendlines. This structure, known as a symmetrical triangle, often precedes significant moves. The relative strength index (RSI) is also approaching its own resistance, adding weight to the prospect of a near-term breakout.
A confirmed breakout above these patterns could pave the way for a move toward the $80 resistance level. Traders emphasize that overcoming this barrier would be vital for establishing a clear recovery, as SOL would need to break out decisively above this range to confirm bullish momentum.
If SOL manages to push past the $80 mark, it may confirm that buyers are regaining control after an extended period of market uncertainty.
Testing the daily Ichimoku cloudA well-known crypto analyst, CRG, has pointed out that Solana is currently trading just below the daily Ichimoku cloud. This technical indicator has historically acted as significant resistance, capping price advances since late 2025. A daily close above this cloud would signal a notable structural change and could allow the price to test higher levels near $80 to $85.
A stronger breakout might even put the $100 region back into play for SOL, as buyers attempt to reverse a prolonged downtrend and reestablish an upward trajectory.
Mini dictionary: Ichimoku cloud, a popular technical indicator that defines support and resistance, identifies trend direction, gauges momentum, and provides trading signals in one visual snapshot.
Market structure and Wyckoff phasesRecent chart analysis suggests that Solana could be completing its accumulation and manipulation phases, possibly entering a markup phase as conceptualized by the Wyckoff method. The Wyckoff approach outlines how markets cycle through periods of accumulation, markup, distribution, and markdown.
If this phase transition is confirmed, a break above $80 could accelerate the advance toward the $100–$110 range, with further resistance anticipated near $128.
Mini dictionary: Wyckoff method, a technical analysis framework developed by Richard D. Wyckoff that examines price cycles and market participant behavior to anticipate future price movements.
Key levels for bulls and market outlookBuyers now face a crucial test at the $80–$85 resistance zone, where reclaiming this area could confirm the positive signals from the RSI and the daily cloud. Brave New Coin’s latest pricing data puts SOL at $75.55, reflecting modest daily gains of 0.20%.
Price LevelSignificance$70–$72Key support zone$80–$85Main resistance area$100–$110Potential target if breakout holds$120–$128Larger multi-month resistanceA daily close above $85 could open the door to a sustained recovery, focusing attention on the $100 and $120–$128 levels. Conversely, if buyers fail to break through, SOL may remain trapped in a range, with support retests possible near $70–$72.
Stronger momentum and revived interest across the broader crypto market may help SOL transition from a consolidation phase to a more decisive upward trend, provided key resistance levels are cleared.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Key Highlights Bitcoin maintained stability around $64,250 while the broader cryptocurrency market registered small increases on Wednesday Solana surged 2% to approach $77, outperforming other major digital assets, while ether climbed 1% to exceed $1,900 Korean semiconductor giants Samsung Electronics and SK Hynix plummeted over 7%, sending the Kospi index tumbling more than 6% The Nasdaq composite declined 1.3% on Tuesday amid a semiconductor sector selloff that analysts attributed to market positioning Federal Reserve meeting minutes scheduled for release at 2 p.m. ET, with 94 of 104 surveyed economists projecting no rate change in September Bitcoin maintained its position near $64,250 throughout Wednesday trading, showing marginal daily gains and approximately 1% growth for the week. The cryptocurrency sector demonstrated resilience despite significant turbulence in global semiconductor markets.
Bitcoin (BTC) Price Among major digital currencies, Solana emerged as the top performer, advancing 2% to reach nearly $77. Ether posted a 1% increase to settle just above $1,900, claiming the leading position among major tokens with a 1.5% weekly gain.
XRP experienced an increase of nearly 1% to approach $1, despite recording a 2% decline over the past seven days. Tron and dogecoin both added 0.5%, trading at 33 cents and 7 cents respectively.
However, not every cryptocurrency posted gains. BNB edged lower to rest just above $600, marking a 2% weekly decline. Hyperliquid’s HYPE token decreased over 1% to settle just above $58, though it maintains the strongest seven-day performance among major tokens with a 7% advance.
Semiconductor Sector Experiences Sharp Decline In Seoul trading on Wednesday, Samsung Electronics and SK Hynix both tumbled more than 7%. These declines pushed Korea’s Kospi index down over 6% and contributed to a 2% drop in the MSCI Asia Pacific index.
A regional semiconductor benchmark declined more than 3%. This followed Tuesday’s 5% plunge in the Philadelphia Semiconductor Index, marking its steepest single-day loss since the end of July.
Stateside, the Nasdaq composite retreated 1.3% on Tuesday. The S&P 500 shed 0.7% while the Dow Jones Industrial Average declined 116 points, representing a 0.2% decrease.
E-Mini S&P 500 Sep 26 (ES=F) Semiconductor-related stocks weighed heavily on broader market indices. Caterpillar and Goldman Sachs, both viewed as beneficiaries of artificial intelligence infrastructure spending, were among the Dow’s biggest detractors.
Mizuho analyst Daniel O’Regan suggested that limited summer trading volume likely amplified the price movements beyond what fundamental factors would warrant. He characterized the selloff as driven by portfolio repositioning rather than a fundamental reassessment of the artificial intelligence investment thesis.
Treasury Markets and Federal Reserve Outlook A worldwide government bond selloff drove 30-year U.S. Treasury yields to their highest point since 2007. Ten-year yields also climbed near levels not seen since the beginning of 2025, increasing financing costs for corporations investing in AI infrastructure.
Markets showed signs of stabilization by Wednesday. The 10-year yield declined roughly one basis point to 4.69%. The 30-year U.S. yield fell to 5.28% on Tuesday, ending a two-session streak of rising yields.
Gold advanced as much as 0.6% to surpass $4,360 per ounce following a nearly 2% decline in the prior session.
The Federal Reserve’s July meeting minutes are scheduled for release at 2 p.m. ET on Wednesday. A Reuters poll revealed that 94 of 104 economists anticipate rates will remain unchanged at 3.50% to 3.75% in September. Market pricing suggests approximately 68% probability of no rate adjustment.
Fed Chair Kevin Warsh is set to deliver remarks at the Jackson Hole symposium during the upcoming week.
Key Highlights SOL currently trades at $76.20, representing a significant decline from its $293.31 all-time high reached in January 2025 An inactive whale wallet emerged after a two-year dormancy, acquiring 47,535 SOL tokens valued at $3.6 million Market observers identify the $40–$60 price range as a critical accumulation opportunity should further corrections materialize Projections from various analysts suggest long-term price possibilities of $300, $500, and potentially $1,000 Regulatory clarity through the CLARITY Act, expanding stablecoin usage, and institutional participation could serve as recovery drivers Solana (SOL) maintains a current price of $76.20, representing a substantial retreat from the $293.31 peak achieved on January 18, 2025. The cryptocurrency has experienced downward pressure in tandem with the wider digital asset market throughout recent months, influenced by macroeconomic headwinds and elevated interest rate expectations.
Solana (SOL) Price However, significant whale movements are emerging despite the price decline. Blockchain tracking data from Lookonchain reveals that a wallet inactive for nearly two years has re-entered the market, acquiring 47,535 SOL tokens for roughly $3.6 million.
Historical records show this identical wallet accumulated 291,790 SOL during 2023 at an average entry of $23.37 per token. The wallet subsequently liquidated 191,789 SOL at approximately $128.36 each, securing profits exceeding $20 million. This fresh acquisition indicates growing conviction in SOL’s current valuation.
Market analyst Crypto Patel identifies the $40–$60 corridor as a strategic accumulation window should SOL experience additional downward movement. His analysis outlines long-term objectives of $300, $500, and $1,000, contingent upon enhanced adoption metrics and improved market liquidity.
Do You Think We'll See $SOL Under $60 Again in The Next 4-5 Years? 🤔
My Best Accumulation Zone: $60 – $40
Targets: $300 | $500 | $1000
Patience pays. Accumulate when others panic.
Not Financial Advice. ALWAYS DYOR.@solana #SOLANA pic.twitter.com/46yAWwGXPy
— Crypto Patel (@CryptoPatel) August 18, 2026
Market Commentary and Community Perspective Cryptocurrency analyst CryptoCurb shared a definitive perspective on X, highlighting that 581 days have elapsed since the cycle peak — surpassing the previous cycle’s 420-day decline period. He maintained that “Solana has bottomed” and warned that bears anticipating lower entry points “are going to be forced buyers at much higher prices,” projecting SOL could exceed $1,000.
$SOL
last cycle, it took 420 days from cycle top to bottom. this cycle, it's been 581 days since cycle top.
solana has bottomed.
bears waiting for another dip are going to be forced buyers at much higher prices.
SOL is going to $1,000+#SOLANA ⚡️ pic.twitter.com/uPpwQK0y2j
— curb 🐂🀄️ (@CryptoCurb) August 18, 2026
Meanwhile, Leo Sun of The Motley Fool offered a conservative outlook, estimating SOL could reclaim $200 within a two-year timeframe. Sun emphasizes Solana’s transaction processing superiority compared to Ethereum, its expanding presence in stablecoin settlement infrastructure, and growing institutional embrace as fundamental catalysts.
Corporate Adoption Accelerating Financial giant BlackRock has launched tokenized investment products on Solana’s blockchain. Major payment processors including Visa, Shopify, and Stripe leverage the network for stablecoin transactions and cryptocurrency onboarding solutions.
Chief product officer at the Solana Foundation, Virbu Norby, has characterized Solana’s trajectory as potentially becoming the “Netflix or Amazon of finance” as its ecosystem continues expanding.
Legislative Developments The CLARITY Act, progressing through United States congressional procedures, seeks to establish definitive federal guidelines for digital assets. Successful passage could eliminate ambiguity surrounding SOL’s classification as either a security or commodity.
Spot Solana exchange-traded funds received regulatory approval in the previous year and are anticipated to channel additional capital from both retail and institutional market participants.
Current metrics show SOL’s 24-hour trading volume at $1.37 million, with a total market capitalization of $44.41 billion.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
With its short-term moving averages converging between $75 and $76, Solana is getting close to a potentially significant technical event that could be referred to as a "mini golden cross."
Solana's recovery potentialIf successful, it would be the first bullish crossover for these averages since 2025 and could bolster Solana's effort to find a bottom following months of weakness. SOL is trading at about $77 right now. The faster green moving average has risen to roughly $75.46, while the blue moving average is currently close to $76.32.
SOL/USDT Chart by TradingViewAs Solana stabilizes after falling to $60 in June, their difference has significantly shrunk. A bullish crossover would indicate that the recent price momentum has finally improved to the point where the short-term trend structure can be changed. SOL's performance since July has increased the significance; rather than going back to the June lows, the asset has established a reasonably stable base around $70 to $75.
HOT Stories
Moreover, momentum is increasing. The daily RSI has risen to roughly 57, well above the neutral 50 mark without going into overbought territory. This gives SOL potential for additional upside if buyers are able to overcome resistance. The positioning of derivatives is similarly optimistic.
Key ratio for BinanceThe SOL/USDT long/short ratio on Binance is approximately 2.10, whereas it is approximately 2.02 on OKX. With a ratio of roughly 2.38, Binance's top traders are even more strongly inclined toward longs. Although excessive long concentration can also raise the risk of liquidation during abrupt reversals, this positioning supports bullish sentiment.
You Might Also Like
The first significant barrier is located almost exactly above the market, at $78.07, where SOL is confronted with an intermediate moving average. The mini golden cross setup would be strengthened and a move toward the $89 long-term moving average might begin if it broke and held above $78–$80.
Nevertheless, the broader trend is still not bullish. While SOL is still about 38 percent lower so far this year, the black long-term average is still close to $89 and is still falling. The focus would return to $70 and possibly $65 if the crossover fails and SOL loses $75.
For the time being, the developing cross does not indicate a new bull trend, but rather an early recovery signal. The signal would gain significantly more technical weight if it continued to move above $78–$80.
TLDR SOL trades around $76.91, with a smaller data point showing $75.55, up 0.20% in 24 hours. Trader Symba’s chart shows SOL forming a symmetrical triangle with RSI testing its own resistance trendline. CRG notes Solana is nearing a daily Ichimoku cloud reclaim, a level that has capped price since late 2025. CryptoGerla’s chart suggests SOL may be shifting from consolidation into a Wyckoff-style markup phase. The $80-$85 zone is the key hurdle; clearing it opens the door to $100 and then $120-$128. Solana is showing early signs of a possible recovery. Buyers appear to be stepping back into the market after a long stretch of weak price action.
Brave New Coin data puts SOL trading around $76.91. A separate snapshot from the same source shows the price at $75.55, up 0.20% over the past day.
Traders are watching a few technical signals closely right now. Together, they suggest the coin could be building toward a bigger move.
Chart Setups From Analysts Trader Symba shared a daily chart showing SOL compressed inside a symmetrical triangle. Price is squeezed between a descending trendline and an ascending one, nearing the triangle’s tip.
At the same time, RSI is testing its own resistance trendline. A breakout on both fronts could push short-term momentum higher.
Symba’s chart points to $80 as the next test if that breakout happens. A clean move above it would suggest buyers are starting to take control again.
Another analyst, CRG, flagged a different setup on X. CRG’s chart shows SOL sitting just under its daily Ichimoku cloud, a zone that has acted as a ceiling since late 2025.
A daily close above that cloud would mark a real shift in structure. CRG’s chart frames the $80-$85 area as the first real test after that happens.
If SOL clears it, the chart shows room to run toward $100 first, then further resistance beyond that.
A third trader, CryptoGerla, posted a chart applying Wyckoff theory to SOL’s recent price action. The idea is that Solana may have already worked through accumulation and manipulation phases.
CryptoGerla’s chart suggests the coin could now be entering a markup phase, following a long decline and drawn-out sideways period.
Levels Traders Are Watching If that markup phase plays out, the chart marks $80 as the first confirmation point. From there, targets move to the $100-$110 range and then up toward $128.
Solana Price on CoinGecko That $128 level lines up with older resistance from earlier in Solana’s price history. It sits well above where SOL trades today.
On the downside, the $70-$72 area is being treated as support. A failure to clear $80-$85 could send SOL back toward that zone instead.
For now, SOL remains below all three of these key markers: the triangle apex, the RSI trendline, and the daily cloud. Each one needs to break in the coin’s favor for the recovery case to hold up.
Price action over the next few sessions should show whether buyers can push through the $80-$85 wall. As of the latest data, SOL sits at $75.55, up 0.20% on the day.
Interstice and FalconX Build a Bridge for Institutional AssetsInterstice Digital has launched a Cross-Chain Swap Engine in partnership with FalconX,
Why Canton and Why Now
The launch reflects a broader challenge facing the tokenized asset market. Yet fragmentation is already creating measurable inefficiency: The Interstice system is aimed at bridging Canton's institutional capital markets infrastructure with some of the largest pools of retail and digital asset liquidity, while giving users a way to move assets across ecosystems without relying on a custodial intermediary.
Sources:
CoinTelegraph: FalconX, Interstice Connect Canton to Ethereum, Solana and Robinhood Chain
Crypto Briefing: FalconX and Interstice connect Canton Network to Ethereum, Solana, and Robinhood Chain
RWA(.)io: State of RWA Tokenization 2026
In This Article Solana Price Prediction: ChatGPT AI Predicts Tokenized Equities Rewrite Solana's ReputationSolana Is Betting on Execution. Kalshi Lets Traders Bet on Whether the Catalysts Actually Deliver. Solana spent years being defined by memecoin volume, and $3.73B in tokenized real-world assets is starting to change that label. ChatGPT AI predicts that the shift carries price higher, and the price prediction targets $150 to $190 by the end of 2026, with $165 as a realistic base case.
Alpenglow is the strongest catalyst. Its rollout is progressing toward mainnet and targets sub-150ms finality.
That matters for latency-sensitive trading and payments. Those are the use cases where milliseconds decide whether a venue is viable.
Source: ChatGPT AI Solana Price Prediction The RWA number is the second pillar. Solana’s tokenized asset value hit $3.73B in July as tokenized equities expanded.
ChatGPT frames that as real network demand rather than speculation. It is the part of the thesis that does not depend on sentiment.
Morgan Stanley’s Solana ETF adds a third channel. The product can stake its SOL holdings, which creates capital demand and locks supply at the same time.
The bear case has two triggers. A failed Alpenglow rollout is the first.
Weakening on-chain activity is the second. Either could send SOL toward $50 to $60, while the bullish scenario points to $175 by year-end.
EXPLORE: Best Crypto Presales With Asymmetric Upside in the Current Market
Solana Price Prediction: ChatGPT AI Predicts Tokenized Equities Rewrite Solana’s Reputation The weekly chart shows two full cycles. SOL climbed from $20 in 2023 to a peak near $293 by January 2025.
A second run reached $255 in September 2025. That marked the top before the trend turned decisively.
Early 2026 broke the structure, cutting the price from $145 toward $80. The decline continued through spring to a low near $61.
Source: Solana Price / Tradingview Recent weeks have stabilized. Price has ground slowly higher and now sits in the upper $70s.
The weekly close reads $77.15, up 3.50% and $2.61. The weekly range covered $74.36 to $77.39.
Support sits at $74, then $68 and $61 at the spring low. Resistance appears at $90, then $100, and $120.
RSI reads 42.06 with its signal line below at 38.21. The oscillator leads by nearly 4 points, a constructive crossover from depressed levels.
Both lines remain under the midline. Momentum is turning up, but no trend reversal has been confirmed yet.
ChatGPT’s base case needs more than double from here. Alpenglow reaching mainnet is the event that would justify the market repricing it.
Check out the SOL Markets on Kalshi and Claim Your FREE $25
Solana Is Betting on Execution. Kalshi Lets Traders Bet on Whether the Catalysts Actually Deliver. The Solana thesis now has something traders can measure: Alpenglow reaches mainnet, tokenized assets keep growing, and institutional products continue pulling SOL out of circulation.
Kalshi is built around that same event-driven mindset.
Rather than taking exposure to every variable affecting SOL, users can trade directly on real-world outcomes across crypto, politics, economic data, Fed decisions, and other events that can move markets. That makes it useful when the thesis comes down to whether a specific milestone happens, not simply whether a token looks cheap.
For Solana, the difference is important. A successful Alpenglow rollout could strengthen the entire valuation case. A delay or failure changes it immediately.
Kalshi lets traders focus on those outcomes before the reaction works its way into price.
Eligible new users who sign up through 99Bitcoins can also receive $25 through our referral link.
Claim Your $25 on Kalshi
#Altcoin News Today
Why you can trust 99Bitcoins
10+ Years
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
90hr+
Weekly Research
100k+
Monthly readers
50+
Expert contributors
2000+
Crypto Projects Reviewed
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Ahmed Balaha
Crypto Journalist
Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. He has a strong interest in financial literacy and sustainable investing, and he combines these... Read More
Free Bitcoin Crash Course Enjoyed by over 100,000 students. One email a day, 7 days in a row. Short and educational, guaranteed!
Solana’s price is consolidating near $76 as traders closely monitor the cryptocurrency’s next move amid a tightening pattern. The asset is currently trading in a narrowing range, approaching a technical decision point that could set the tone for its next major move.
Market analyst curb has compared Solana’s current cycle with its previous major market phase, suggesting that SOL may have already established its cycle bottom. This comparison, based on the number of days from the previous peak to the trough, argues for a bullish scenario over the long term.
During the previous cycle, Solana spent 420 days moving from its all time high to its lowest point. In the current phase, curb’s chart indicates that 581 days have passed since the last cycle top, signaling a potential inflection point.
A visual comparison highlights distinct green circles marking key cycle bottoms, underlining the resemblance between the two periods. From the current price region, the projection sketched by curb anticipates a significant rally that could ultimately drive SOL above $1,000.
The current decline has extended considerably longer than the prior 420-day cycle, which supports the view that Solana has already marked its low. The scenario shown suggests that if the low is in, SOL could set its sights on prices well above $1,000 over time.
However, this scenario is based on historical cycle timing rather than definitive confirmation. Curb maintains that traders waiting for further declines could become buyers at higher prices if Solana begins a new upward phase, but the $1,000 target remains a projection rather than a confirmed price objective.
Technical Squeeze Near ResistanceMeanwhile, other traders are focusing on Solana’s current price structure, as it sits just below $76. Technical charts show the cryptocurrency squeezed between a long-term descending resistance and a steady rising support level.
Trader Lucky described Solana as “desperate” for a decisive breakout, emphasizing the importance of price action as the two trendlines converge. On Lucky’s daily SOL/USDT chart, Solana trades near $75.93, with resistance pressing down from above and support lifting from below.
Beneath the current price, a major demand zone is identified at $60.14, which has served as the anchor for the rising support line ever since the June low. This area provides a safety net for bulls if the breakout fails to materialize.
The chart marks $170 as a potential target if Solana can successfully clear the overhead resistance, with the broader upside range extending toward $253.44. The move, however, has not been confirmed; SOL remains near the top of its tightening triangle, and the breakout still depends on further price momentum.
Solana is now approaching a crucial inflection point where a decisive move above resistance could trigger a rally, while failure may extend the current sideways price action.
Amid heightened anticipation for an imminent breakout, investors are watching for technical confirmation before committing to significant positions. The convergence between the falling resistance and rising support highlights the importance of market monitoring at this stage.
In the midst of these technical setups and increased scrutiny on market cycles, the broader financial landscape is also evolving rapidly. While traditional markets typically route transactions through multiple intermediaries, Wall Street is steadily embracing Web3 solutions. Investors are now able to hold tokenized assets such as shares of major U.S. companies, gold, and silver directly in their crypto wallets via platforms like 1stepSwap, which enable real-world asset tokenization and automated price discovery in seconds, fully eliminating middlemen.
As the cycle timing, technical resistance, and market structure converge, Solana’s near-term direction remains under close watch as traders weigh both breakout potential and longer-term upside.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
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.
Recent data from SolanaFloor indicates that returning participants now constitute 61% of weekly Solana users, marking the highest level since June 2024. This resurgence in returning participants comes as Solana’s market activity has historically been bolstered by retail exchange activity, DEX volume, and speculative activity. The current environment sees Solana at a lower price point of $71.31, compared to its peak levels, suggesting renewed interest could potentially influence market dynamics. Such trends have previously led to significant movements in Solana’s ecosystem, characterized by rapid shifts in user engagement and price volatility.
Advertisement
Key Takeaways The increase in returning participants to 61% suggests a renewed interest in Solana activity. Historical trends show that Solana’s market dynamics can shift rapidly with increased user engagement. Current pricing indicates that significant market movements could occur if this trend continues. What to Watch Market participants will be observing if the renewed interest translates into substantial price movements for Solana, especially towards the $160 target by the end of August. The potential for a significant impact remains uncertain, given the current pricing environment and historical volatility. Watch for developments in Solana’s network upgrades and any institutional or regulatory news that could affect these dynamics.
Get live prediction-market analysis, powered by Vera. Sign up for Vera.
Term Structure
Contract Odds Δ since publish Volume 24h September 1 2026 0.1% — — View market → September 1 2026 0.5% — — View market → September 1 2026 0.5% — — View market → September 1 2026 0.7% — — View market → September 1 2026 0.8% — — View market → September 1 2026 6% — — View market → September 1 2026 62.5% — — View market → September 1 2026 21% — — View market → September 1 2026 1.8% — — View market → September 1 2026 0.5% — — View market → September 1 2026 0.1% — — View market →
Six out of every ten traders on Solana in a given week have been there before. Returning traders now account for 61% of weekly activity on the network, a retention level the blockchain hasn’t touched since June 2024.
Why retention matters more than raw growth Retention is the harder metric to game. When 61% of weekly traders are people who’ve already used the network before, it suggests the experience is compelling enough to bring them back.
Advertisement
The fact that 61% is the highest level since June 2024 also matters for context. Mid-2024 was a period of heightened activity across crypto markets, driven by Bitcoin ETF inflows and broader risk-on sentiment. Matching that retention benchmark now suggests Solana’s engaged user base has solidified rather than faded alongside shifting market conditions.
What’s keeping traders on Solana Speed and cost remain Solana’s core selling points. Transactions settle in roughly 400 milliseconds, and fees typically run a fraction of a cent. For active traders who might execute dozens of transactions per day, those economics add up fast.
The competitive implications For SOL’s market positioning, sustained retention carries tangible implications. Higher retention typically correlates with more consistent transaction volume, which drives fee revenue for validators and contributes to the network’s economic sustainability. It also supports deeper liquidity pools across DeFi protocols, which in turn improves execution quality for traders.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana’s DeFi sector has reportedly retained its total value locked (TVL) more effectively than Ethereum’s, with Jupiter Lend emerging as a key growth driver. According to social media reports, Jupiter Lend is expanding rapidly within the Solana ecosystem, positioning itself to become the largest lending protocol on the network. The reported increase in TVL and activity could indicate a growing preference for Solana’s DeFi offerings over those on Ethereum. This development comes as Solana’s overall DeFi TVL was noted around $5.49 billion in April 2026, with Jupiter Lend playing a significant role in this concentration of liquidity.
Market participants appear to interpret these developments as supportive of a stronger Solana ecosystem, potentially impacting its price positively. However, the source of this information originates from a Tier 3 social media account, which may limit its immediate market influence. Nonetheless, the growth trajectory of Jupiter Lend and the overall retention of TVL in Solana DeFi could suggest ongoing interest and investment in the network’s projects.
Key Takeaways Solana’s DeFi sector appears to have retained TVL more effectively than Ethereum, with Jupiter Lend contributing significantly to this trend. Market pricing suggests that participants view the growth and expansion of Jupiter Lend as supportive of a positive outlook for Solana’s ecosystem. The source’s Tier 3 classification implies limited immediate impact on market movements, despite the potentially positive news. What to Watch Key actors in the Solana ecosystem, including Solana Labs and the Solana Foundation, may drive further developments. Observers should monitor any updates related to Solana’s network performance, particularly concerning the Agave/Firedancer upgrades. Additionally, any institutional moves, such as ETF approvals or rejections, could influence market pricing for Solana. Developments in the broader DeFi landscape, especially those affecting Ethereum, may also impact Solana’s competitive position.
Get live prediction-market analysis, powered by Vera. Sign up for Vera.
Term Structure
Contract Odds Δ since publish Volume 24h September 1 2026 0.1% — — View market → September 1 2026 0.3% — — View market → September 1 2026 0.4% — — View market → September 1 2026 0.8% — — View market → September 1 2026 1.2% — — View market → September 1 2026 9.7% — — View market → September 1 2026 76% — — View market → September 1 2026 14.5% — — View market → September 1 2026 1.8% — — View market → September 1 2026 0.5% — — View market → September 1 2026 0.1% — — View market →
Morgan Stanley Investment Management is adding network participation to its crypto investment products rather than limiting them to passive token exposure. The asset manager has selected Galaxy as an approved validator for new Ethereum and Solana exchange-traded products that intend to stake part of their holdings.
According to Galaxy’s August 18 announcement, the Morgan Stanley Ethereum Trust trades on NYSE Arca under MSSE, while the Morgan Stanley Solana Trust uses MSOL. Galaxy is one of three firms selected to support staking across the two products.
MSSE and MSOL seek to track ETH and SOL performance, respectively. Each product intends to delegate a portion of its assets to institutional validators and pass resulting staking rewards to shareholders through regular distributions.
The structure introduces operational questions that do not arise in a product that only holds tokens. Ethereum and Solana use different validator systems, client software, performance measures, and risk controls. A validator can also face downtime, operational errors, or protocol penalties, making infrastructure selection part of the product’s risk profile.
Galaxy said Morgan Stanley evaluated its capabilities on the two networks separately. The release does not specify how much of each trust’s holdings will be staked, the expected reward rate, or the allocation among the three selected providers.
Galaxy Extends Its Institutional Validator Business Galaxy reported $2.8 billion in staked assets at the end of the second quarter of 2026 across Ethereum, Solana, and other proof-of-stake networks. The company presents the mandate as an extension of its infrastructure work for asset managers rather than a new consumer staking product.
That role differs from corporate treasury staking, such as the activity behind BitMine’s expanding Ethereum validator operation. In an exchange-traded product, the infrastructure provider operates within a structure that must account for fund custody, liquidity, disclosures, and shareholder distributions.
Crypto Products Move Beyond Price Exposure The launch illustrates how institutional crypto products are becoming more operationally complex. Staking can add yield, but it also ties product performance to validator uptime, withdrawal mechanics, network rules, and the treatment of rewards.
Traditional spot funds have already made Bitcoin and Ether easier to access, with flows tracked through products covered in recent institutional ETF demand. Morgan Stanley’s new trusts go a step further by seeking to include a native network function in the investor return profile.
The products’ intended staking arrangements remain subject to their governing documents and operational execution. Galaxy’s announcement confirms its selection, but it should not be read as a guarantee of future reward levels or uninterrupted validator performance.
AUTHOR
Tokoni Uti is a Lagos-based writer with several years of experience. Her work has appeared in the Huffington Post, the Los Angeles Free Press and the San Diego Free press among others. She is a graduate of Bowen University.
Jurassic Finance has launched a fundraising campaign to tokenize Deaton, a museum-grade Triceratops prorsus skull, on Solana. The project aims to raise $660,000 in $USDC to acquire the fossil and create a tokenized ownership structure around the specimen.
The raise went live on August 17 at 4 pm ET and attracted almost $300,000 within the first 30 minutes. Jurassic Finance CEO Aleksandar Pavlovic celebrated the early response in a post on X, writing, “Almost $300k in the first 30 minutes”
At the time of writing, the campaign had raised $365,499, representing 55% of the target.
Jurassic Finance first revealed plans for Deaton in June, describing it as the first Triceratops skull coming exclusively to Solana through its platform. The specimen features 60% to 65% complete bone mass, all 3 original horns, and remains from the Hell Creek Formation in Slope County, North Dakota. Scientists estimate the skull dates back around 66 million years to the Late Cretaceous period.
Turning Fossils into Tokenized RWAs Jurassic Finance uses a structure where each fossil receives its own Special Purpose Vehicle (SPV). The SPV legally holds the specimen, while the project issues a dedicated SPL token on Solana that represents economic and legal rights connected to that asset.
For Deaton, the token will carry the ticker $TRCH1. The project plans to fractionalize ownership, allowing multiple participants to gain exposure to a high-value collectible that would normally require a single buyer.
The process follows 5 main steps:
Jurassic Finance sources and acquires authenticated fossils through dealers, private collections, and auctions.
Each specimen receives a dedicated SPV that establishes legal ownership.
The SPV issues a token on Solana representing contractual ownership rights.
Museums display the fossils while handling custody, insurance, maintenance, and storage.
Token holders retain economic exposure to the asset.
Jurassic Finance says museums benefit from access to rare specimens for public display, while token holders gain exposure to potential appreciation and future economic activity.
Fossils Enter the Broader RWA Debate The project reflects a growing push to bring unusual assets onchain. Real-world asset tokenization has expanded beyond traditional categories such as real estate and bonds into collectibles, luxury goods, and other alternative assets.
Museum-grade fossils represent a niche but valuable market. Some dinosaur specimens have reached tens of millions of dollars at auction. Apex, a Stegosaurus specimen, sold for $44.6 million in 2024, while Gus the T-Rex sold for $50.1 million in 2026.
Jurassic Finance argues that the traditional fossil market remains difficult for smaller participants because ownership often requires buying an entire specimen. The project believes tokenization can create broader access, improve liquidity, and allow more people to participate in collectible markets.
Solana’s Exotic Asset Push Expands Solana Foundation Chief Product Officer Vibhu Norby recently highlighted the growth of exotic and long-tail asset markets on Solana, pointing to tokenized collectibles involving items such as trading cards, luxury goods, watches, fossils, tickets, and other alternative assets.
Norby argued that blockchain markets could improve discovery, liquidity, price transparency, and fractional ownership across categories that previously relied on private sales or specialized auctions.
Jurassic Finance’s Deaton campaign represents one of the more unusual experiments in this trend. Instead of tokenizing a financial instrument or traditional commodity, the project is testing whether a 66 million-year-old fossil can become part of a digital ownership economy.
Read More on SolanaFloor $PUMP Buyback Position Back in Profit After 9 Months Underwater
Nasdaq To Add a 7-Hour Night Shift as Wall Street Chases Crypto's 24/7 Edge
Why Is Saylor Selling While Solana Treasuries Buy?
Block is letting a third party sell the tokens it has never listed, and Cash App balances can now fund outside wallets including MetaMask and Ledger.
Original Image Credits: Tada Images / Shutterstock.com
Posted August 18, 2026 at 3:56 pm EST.
MoonPay turned on Cash App Pay as a payment method on Tuesday, letting eligible U.S. customers spend their Cash App balance at MoonPay checkout.
The effect is that Cash App money can now buy tokens Block has never listed. MoonPay’s onramp reaches ether, solana, XRP and more, and purchases can be pushed into third-party and self-custody wallets including Ledger, BitPay, Trust Wallet, MetaMask and Uniswap.
Block Rents What It Will Not List Cash App sold bitcoin and nothing else for years, then began a phased USDC rollout in late May. The partnership with MoonPay allows users to use their Cash App balances to access other cryptocurrencies without holding it on Cash App.
“While bitcoin remains at the core of our digital asset strategy, we want to give customers choice and flexibility wherever and however they choose to pay,” Morgan Kuntze, Block’s global partnerships lead, said in MoonPay’s announcement.
MoonPay has spent the year widening its U.S. payment options, adding the Discover network as its third major card network and launching an enterprise stablecoin platform aimed at banks and merchants. Cash App Pay is the consumer version of the same push, and it hands MoonPay a funded wallet with tens of millions of U.S. users attached.
Related Listen: Why the AI Business Model Is Cracking and How Crypto Could Help Fix It
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
Interstice Digital has launched a cross-chain swap engine with FalconX connecting the Canton Network with Ethereum, Solana and Robinhood Chain.
According to Tuesday’s announcement, the non-custodial engine allows assets to be swapped across the four networks without Interstice taking custody or executing transactions on users’ behalf.
FalconX, a digital asset prime brokerage serving institutional investors, provides liquidity for the engine, which is designed to connect Canton’s institutional markets with assets and trading activity on public blockchains, giving users a route between tokenized assets on Canton and liquidity on networks such as Ethereum and Solana.
Canton is a public blockchain built for institutional finance, with privacy and permissioning controls designed for regulated transactions and tokenized assets. Its ecosystem includes major financial institutions such as JPMorgan, Goldman Sachs and BNP Paribas.
Interstice is a wholly owned subsidiary of Everyrealm and is backed by investors including a16z Crypto, Coinbase Ventures, Galaxy and Brevan Howard. The company did not disclose which assets are initially supported or provide transaction volume figures for the swap engine.
Canton expands institutional tokenization activityThe integration comes as more traditional financial institutions use Canton for tokenized assets and blockchain-based settlement.
In July, electronic trading platform Tradeweb executed an onchain US Treasury trade in which Franklin Templeton transferred a tokenized Treasury security to Virtu Financial in exchange for tokenized cash.
Tradeweb provided execution and price discovery, while Canton synchronized settlement between the two assets in real time. Tradeweb said it was the first real-time purchase and sale of a tokenized US Treasury settled against USDCx, a USDC-backed stablecoin issued on Canton, with other participants including Societe Generale, Digital Asset and Blockdaemon.
Societe Generale has also deployed its euro- and dollar-denominated stablecoins on Canton for tokenized collateral, repo financing and institutional settlement, while Visa has tested private stablecoin settlement on the network.
Other initiatives include a Japanese government bond collateral pilot involving Mizuho and Nomura and S&P Dow Jones Indices placing its iBoxx US Treasuries Index on Canton.
PoC trial for digital collateral management using Japanese government bonds. Source: JPX
Magazine: Solana’s fee overhaul increases burn and makes resource hogs pay
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Interstice Digital has launched a cross-chain swap engine with FalconX connecting the Canton Network with Ethereum, Solana and Robinhood Chain.
According to Tuesday’s announcement, the non-custodial engine allows assets to be swapped across the four networks without Interstice taking custody or executing transactions on users’ behalf.
FalconX, a digital asset prime brokerage serving institutional investors, provides liquidity for the engine, which is designed to connect Canton’s institutional markets with assets and trading activity on public blockchains, giving users a route between tokenized assets on Canton and liquidity on networks such as Ethereum and Solana.
Canton is a public blockchain built for institutional finance, with privacy and permissioning controls designed for regulated transactions and tokenized assets. Its ecosystem includes major financial institutions such as JPMorgan, Goldman Sachs and BNP Paribas.
Interstice is a wholly owned subsidiary of Everyrealm and is backed by investors including a16z Crypto, Coinbase Ventures, Galaxy and Brevan Howard. The company did not disclose which assets are initially supported or provide transaction volume figures for the swap engine.
Canton expands institutional tokenization activityThe integration comes as more traditional financial institutions use Canton for tokenized assets and blockchain-based settlement.
In July, electronic trading platform Tradeweb executed an onchain US Treasury trade in which Franklin Templeton transferred a tokenized Treasury security to Virtu Financial in exchange for tokenized cash.
Tradeweb provided execution and price discovery, while Canton synchronized settlement between the two assets in real time. Tradeweb said it was the first real-time purchase and sale of a tokenized US Treasury settled against USDCx, a USDC-backed stablecoin issued on Canton, with other participants including Societe Generale, Digital Asset and Blockdaemon.
Societe Generale has also deployed its euro- and dollar-denominated stablecoins on Canton for tokenized collateral, repo financing and institutional settlement, while Visa has tested private stablecoin settlement on the network.
Other initiatives include a Japanese government bond collateral pilot involving Mizuho and Nomura and S&P Dow Jones Indices placing its iBoxx US Treasuries Index on Canton.
PoC trial for digital collateral management using Japanese government bonds. Source: JPX
Magazine: Solana’s fee overhaul increases burn and makes resource hogs pay
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Interstice Digital has introduced a Cross-Chain Swap Engine with FalconX that enables non-custodial swaps between Solana, Robinhood Chain, Ethereum and the Canton Network. The engine uses infrastructure and compliance services from Trulioo, TRM Labs, CertiK, Canton Strategic Holdings and MPCH.
The system is aimed at bridging Canton’s institutional capital markets infrastructure with some of the largest pools of retail and digital asset liquidity, while giving users a way to move assets across ecosystems without relying on a custodial intermediary.
Advertisement
The engine has also been selected as a Featured App on Canton. With it, Interstice wants to address a key challenge as institutional adoption of digital assets expands: moving capital between otherwise separate blockchain ecosystems efficiently.
The connected networks bring substantial existing activity to the platform. Robinhood Chain has reached 100 million transactions faster than any other EVM network and now serves 28 million funded accounts holding $369 billion in total platform assets.
Solana recorded a record 167 million monthly active addresses in April 2026 and $650 billion in monthly stablecoin transaction volume in February, while Ethereum continues to underpin a large developer ecosystem and serves as the base layer for Robinhood Chain.
Interstice CEO Janine Yorio said the company built the engine to connect these networks with Canton, which Interstice says processes more than $9 trillion in monthly tokenized real-world asset flows.
FalconX Head of Trading Strategy Hassan Bassiri said the infrastructure could help meet growing institutional demand for seamless movement of capital between digital asset ecosystems.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Interstice Digital, a wholly owned subsidiary of Everyrealm, has unveiled a cross-chain swap engine in partnership with FalconX, enabling seamless asset swaps between the Canton Network, Ethereum, Solana, and Robinhood Chain.
Non-custodial engine links institutional and public blockchainsThe new engine operates on a non-custodial model, allowing users to exchange assets across the four networks without Interstice taking custody or executing trades on their behalf. This setup aims to promote security by removing the need for users to transfer control of their funds to a third party during swaps.
FalconX, a digital asset prime brokerage that serves institutional clients, supplies liquidity to the platform. The swap engine is specifically designed to connect the Canton Network’s institutional finance markets with the broader liquidity and asset pools found on public blockchains, including Ethereum and Solana. The capability offers users a new pathway to move tokenized assets between the permissioned Canton environment and more open, public networks.
The integration allows institutional investors to bridge tokenized assets from Canton to public chains like Ethereum and Solana without giving up custody, unlocking new liquidity and trading possibilities.
Interstice did not specify which digital assets will be supported at launch or disclose initial transaction volumes for the swap engine. The company is backed by prominent investors such as a16z Crypto, Coinbase Ventures, Galaxy, and Brevan Howard.
Mini dictionary: Canton Network — A permissioned blockchain platform focused on institutional markets, enabling settlement and tokenization for traditional financial assets.
Institutional adoption of digital assets on CantonThe swap engine rollout comes as Canton Network sees expanded use among traditional finance institutions interested in tokenizing assets and using blockchain for settlement. In July, electronic trading venue Tradeweb facilitated an onchain US Treasury transaction, with Franklin Templeton transferring a tokenized US Treasury security to Virtu Financial in exchange for tokenized cash.
Tradeweb oversaw trade execution and price discovery, while the Canton Network provided synchronized, real-time settlement between the two assets. This was described as the first real-time purchase and sale of a tokenized US Treasury security settled against USDCx— a USDC-backed stablecoin issued on Canton. Participants in this transaction included Societe Generale, Digital Asset, and Blockdaemon.
InstitutionAsset or InitiativeNetworkFranklin TempletonTokenized US TreasuriesCantonSociete GeneraleEuro and dollar stablecoins, collateral, repo financingCantonVisaPrivate stablecoin settlement testsCantonMizuho & NomuraJapanese government bond collateral pilotCantonS&P Dow Jones IndicesiBoxx US Treasuries IndexCantonSociete Generale, a major French banking group, has deployed euro- and dollar-denominated stablecoins on Canton for applications such as tokenized collateral, repo finance, and institutional settlements. Visa has also tested private stablecoin settlement using the network.
Additional initiatives include a Japanese government bond pilot involving Mizuho and Nomura banks, as well as S&P Dow Jones Indices placing its iBoxx US Treasuries Index on the Canton Network. These pilots demonstrate Canton’s growing role in the institutional adoption of blockchain-based settlement and tokenization in the capital markets.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
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.
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.
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.
Crypto Analyst: Kaito’s New Product Pulse Plugin Engages in Multiple Deep Data Collection Practices.
Ultra points out that Kaito Pulse uses hashing to fingerprint users’ GPU rendering, hardware models, and hardware test sounds, binding this unique combination to their X account. The tool can also capture users’ full browsing history, feed hover times, clicks, and follow status, sending heartbeat packets with activity detection every 30 seconds. Additionally, it can read Claude and ChatGPT subscription plans and their usage ratios, automatically click to access ChatGPT’s Usage page, and automatically navigate to Binance’s Positions tab, re-sending login requests to retrieve wallet balances, futures positions, profit and loss, and deposit/withdrawal history. Kaito AI announced yesterday its new browser extension product Kaito Pulse, which aims to bring off-platform activities directly into the native X timeline.
10 minutes ago
Unitree’s shares surged 486% in half a day of trading after its listing, while China’s ChiNext Index fell nearly 5% and the STAR 50 Index dropped more than 6%.
Today, Unitree Robotics went public, with its share price surging 486.12% in the morning session and trading volume exceeding 17.7 billion yuan. However, likely due to adjustments in overseas markets, the three major A-share indices opened lower and trended downward in the morning. As of midday close, the Shanghai Composite Index fell 1.96%, the Shenzhen Component Index dropped 3.97%, the ChiNext Index declined 4.98%, and the STAR 50 Index slid 6.07%. The combined trading volume of Shanghai and Shenzhen bourses in the morning session reached 1.62 trillion yuan, down 18.2 billion yuan from the previous trading day. Over 4,900 stocks across the market declined. On the market front, the humanoid robot concept sector slumped: Shangwei New Materials fell 18.75%, and more than 20 stocks including Jiangsu Beiren, Phoenix Precision, Leader Tech, and Changsheng Bearing dropped over 10%. The MLCC concept, CPO concept, and memory chip sectors led the declines, with multiple stocks including Shengke Communication, VeriSilicon, Sino-Giant, Xice Testing, ACM Research Shanghai, and Hua Hong Semiconductor falling more than 10%.
10 minutes ago
A whale is chasing the $UNITREE rally and betting on $150. Whale 0x761f opened a 1x long on 23,112 $UNITREE($2.93M) a...
A whale is chasing the $UNITREE rally and betting on $150. Whale 0x761f opened a 1x long on 23,112 $UNITREE($2.93M) and set a take-profit order at $150.
10 minutes ago
Ondo team-linked addresses deposited $4.42 million worth of ONDO into Coinbase within 10 hours.
According to on-chain analyst Ai Yi (@ai_9684xtpa), two multi-sig addresses linked to the Ondo team have deposited tokens worth $4.42 million into Coinbase over the past 10 hours. The addresses have allegedly sold $29.94 million worth of ONDO over the last 30 days, and currently still hold $12.68 million worth of ONDO on-chain.
10 minutes ago
The exchange rate of the South Korean won against the US dollar hits a new high since last October.
The South Korean won broke above the 1400 level against the US dollar, marking the first time since October last year.
10 minutes ago
A mysterious whale (0x6910) deposited 2M $USDC into Hyperliquid and placed a limit order to long 55,556 $UNITREE($5M)...
A mysterious whale (0x6910) deposited 2M $USDC into Hyperliquid and placed a limit order to long 55,556 $UNITREE($5M) at $90.
Noah Tweedale has a problem with crypto’s oldest assumption. The Pump.fun co-founder told Crypto Insider in an interview published August 8 that he is a ‘massive bear’ on decentralization, according to the original report. His reasoning has little to do with block production or validator counts. It is a product argument: the internet’s biggest winners controlled the full stack and delivered clean user experiences, not neutral infrastructure.
The statement matters because Pump.fun has become one of the most recognizable consumer products on Solana. Tweedale said the Pump Foundation is focused solely on user experience. In his view, users do not ask whether a chain is decentralized when the interface works, slippage is tolerable, and settlement feels immediate. That framing separates the memecoin launchpad from protocol teams that still pitch decentralization as the primary value.
A direct challenge to Ethereum’s approach Tweedale used Solana as the proof. He argued that on-chain activity migrated to the relatively centralized Solana because Ethereum’s user experience remains poor. The comment is less a technical verdict than a market observation. Memecoin traders and new entrants tend to care about gas costs, speed, and interface friction, not whether a network meets a particular threshold of validator diversity. That behavior shows up in developer activity too. Solana and Ethereum continue to feature among the leaders in developer engagement, as tracked in Top 10 Blockchains by Developer Activity This Week.
The argument is not new. Full-stack control has been a reliable playbook in Web2. The difference now is that an influential crypto founder is saying it openly from inside the industry while much of the sector still markets itself around decentralization as a moral and technical requirement.
What full-stack thinking means for crypto products If Tweedale is right, the next wave of consumer crypto may reward teams that optimize onboarding, custody, and execution before optimizing node distribution. That does not mean decentralization disappears. It becomes a back-end property, or a regulatory checkbox, rather than the reason a user chooses one application over another.
The comment also separates product culture from protocol culture. Pump.fun is not positioning itself as neutral infrastructure. It is positioning itself as a controlled consumer destination. That distinction matters for token holders, competitors, and regulators. A controlled product can move faster, but it also absorbs obligations and liabilities that neutral protocols can argue they do not have.
Still, infrastructure teams are not abandoning the decentralized pitch. Builders continue to package decentralized computing for Web3 applications, as seen in UXLINK and Origins Network’s decentralized computing partnership. That work may remain invisible to end users, which fits Tweedale’s point about what consumers actually prioritize.
Regulatory and unresolved questions Tweedale’s position collides with a live policy fight. Regulators and lawyers continue to debate how decentralized a network must be to avoid securities treatment. If more founders adopt a full-stack, user-experience-first framing, enforcement agencies may find it easier to treat token platforms as ordinary centralized businesses. The stakes of that shift have already been visible in the struggle over a major US crypto bill, where banking groups pushed for changes just before a Senate vote, as covered in Banks Are Trying to Kill the Biggest Crypto Bill in US History Four Days Before the Senate Vote.
The key uncertainty is whether Pump.fun’s model can hold without a decentralization narrative. It has grown on activity rather than ideology. But if the product faces legal pressure or platform-level restrictions, the absence of a decentralization story could narrow its defenses. Users may not care about that risk until enforcement arrives.
Another open question is whether Solana remains the right example. Tweedale calls it relatively centralized, yet its architecture still depends on a validator set and client diversity in ways that differ from traditional web infrastructure. The real test will come in the next market cycle, when the gap between polished user experience and verifiable neutrality becomes harder to ignore.
AUTHOR
Jide Idowu is a skilled freelance writer with expertise in blockchain technology, cryptocurrency, and digital finance. Known for his ability to break down complex topics into clear, engaging content, Jide crafts articles, blog posts, and analyses that resonate with both beginners and seasoned professionals. His work spans a wide range of subjects, from emerging crypto trends to in-depth explorations of blockchain innovations. With a keen eye for detail and a passion for educating readers, Jide is a reliable voice in the rapidly evolving world of digital assets.
Securitize has launched a tokenized fixed-income fund managed with Neuberger that will invest mainly in high-yield bonds and issue interests across Avalanche, Ethereum, Solana, and Sui.
Summary
HINC will invest primarily in high-yield bonds, alongside CLOs and leveraged loans. Neuberger will serve as subadvisor in its first engagement with a tokenized fund. Eligible accredited investors and qualified purchasers can access the fund after completing required compliance checks. Securitize affiliates will handle investment advice, distribution, tokenization, and fund administration. Securitize said in an Aug. 18 announcement that the Neuberger Securitize High Income Tokenized Fund, trading under the ticker HINC, will seek risk-adjusted returns from a portfolio of income-producing fixed-income assets.
Along with high-yield bonds, the mandate permits investments in collateralized loan obligations and leveraged loans. Neuberger will manage the portfolio as subadvisor, drawing on a fixed-income business overseeing more than $230 billion in assets.
Securitize Capital LLC serves as the investment adviser, while Securitize Markets LLC will offer fund interests to eligible investors. Other affiliates of the tokenization company will handle administration and operational services.
HINC brings a high-yield strategy to four blockchains HINC will issue tokenized interests on Avalanche, Ethereum, Solana, and Sui, giving eligible investors four networks through which to access the fund.
Although the fund’s interests are represented on public blockchains, participation will remain restricted. Investors must qualify as accredited investors or qualified purchasers and complete Securitize’s onboarding process, including know-your-customer and anti-money laundering checks.
Access will also depend on an investor’s jurisdiction and applicable securities laws. As a result, the tokens will not be freely available to every wallet user in the same way as an unrestricted cryptocurrency.
Carlos Domingo, co-founder and CEO of Securitize, said the fund places Neuberger’s fixed-income capabilities on public blockchains through the company’s regulated infrastructure.
“Launching HINC across Avalanche, Ethereum, Solana and Sui gives eligible investors access through four leading blockchain network.”
Neuberger’s role is limited to serving as the fund’s subadvisor, while Securitize’s entities retain the other advisory, distribution, and administrative duties outlined in the announcement.
For Neuberger, HINC represents its first role as subadvisor to a tokenized fund. The asset manager will apply its research and portfolio-management process to the underlying fixed-income investments rather than manage the blockchain infrastructure.
Neuberger will manage the underlying fixed-income portfolio Neuberger manages approximately $613 billion across equities, fixed income, private markets, real estate, and hedge fund portfolios, based on company data as of June 30. Its fixed-income platform accounts for more than $230 billion of that total.
Anil Abraham, Neuberger’s head of product management, said the firm has developed its fixed-income operation through several market cycles using research-led and diversified strategies.
“We are pleased to work with Securitize to extend our process-driven, actively managed approach to qualified investors looking to access fixed income strategies on-chain,” Abraham said.
Tokenization changes how investors hold and transact in fund interests, but the announced investment mandate remains centered on conventional credit instruments. High-yield bonds generally refer to corporate debt carrying ratings below investment grade, while leveraged loans are commonly issued by companies with elevated debt levels.
Collateralized loan obligations, another permitted part of HINC’s portfolio, pool corporate loans and divide their cash flows among different groups of investors. The announcement did not state how much of HINC would be allocated to bonds, CLOs, or leveraged loans.
A comparable institutional product entered the market in July when Centrifuge and New York Life Investment Management introduced a tokenized U.S. high-yield corporate bond strategy. According to a report on NYLIM’s fund, subscriptions and redemptions for the HYB product settle in USDC, while NYLIM retains responsibility for portfolio management and risk controls.
Unlike that single-chain arrangement, Securitize has chosen four networks for HINC at launch. The release did not specify whether subscriptions and redemptions would settle in dollars, stablecoins or both.
Securitize expands its tokenized fund lineup Securitize reported more than $4 billion in assets on its tokenization platform as of April. The company also works with asset managers including Apollo, BlackRock, BNY, Hamilton Lane, KKR, and VanEck.
Earlier in August, BlackRock launched two tokenized funds holding cash, short-term U.S. government debt, and Treasury-backed repurchase agreements. Securitize acts as a transfer agent and tokenization provider for the products, according to the coverage of the funds.
HINC differs from cash and Treasury products because it takes exposure to lower-rated corporate debt and other credit assets. The fund’s return profile and risk will therefore depend on the performance of its underlying portfolio rather than the blockchain used to record ownership.
Recent figures also point to rising use of blockchains for conventional financial assets. A May report based on InvestaX data placed the tokenized RWA market excluding stablecoins at about $29 billion at the end of March, following approximately 30% growth during the first quarter.
Alongside third-party funds, Securitize placed its own publicly traded shares on Solana and Avalanche when the company began trading on the New York Stock Exchange in July. The tokenized SECZ shares represent the same common stock as the exchange-listed securities rather than a separate share class, crypto.news reported at the time.
U.S. access remains subject to securities requirements In the United States, Securitize Markets operates as a broker-dealer registered with the Securities and Exchange Commission and runs an alternative trading system. Securitize Transfer Agent is also registered with the SEC, while Securitize Capital operates as an exempt reporting adviser, according to the company.
Those entities divide the responsibilities connected to HINC. Securitize Capital advises the fund, Securitize Markets offers its interests, and affiliated businesses provide tokenization and administrative services.
The fund’s availability to accredited investors and qualified purchasers places eligibility checks before blockchain access. Prospective investors must also pass KYC and AML screening and meet any restrictions tied to where they live.
Outside the United States, Securitize operates through Securitize Europe Brokerage and Markets, an authorized investment firm that runs a trading and settlement system under the European Union’s DLT Pilot Regime.
Founded in 1939, Neuberger remains privately held and employee-owned, with no corporate parent or unaffiliated external shareholders. The investment manager employs about 3,000 people across 26 countries and manages portfolios for institutions, financial advisers, and individual clients.
On-chain analytics firm LookOnChain reported that a prominent Solana (SOL) investor has accumulated 47,535 SOL, valued at $3.6 million, following more than two years of inactivity. This large-scale move has drawn renewed attention to the whale’s trading patterns, especially given their history during recent market downturns.
Whale’s buying history and market impactThe same whale had previously executed major purchases during the market lows of August and October 2023, acquiring a total of 291,790 SOL for $6.82 million. These acquisitions took place at an average price of $23.37 per SOL. Following those purchases, SOL’s price gained momentum and entered a period of strong growth.
Following the whale’s major acquisition in 2023, Solana began to rally, marking one of its most significant recoveries since the FTX collapse.
LookOnChain highlighted that after a two-year hiatus from trading activities, the whale returned to the market with the recent purchase. Analysts are closely monitoring whether this new investment will coincide with another price surge for Solana, similar to what occurred following the 2023 market trough.
Mini dictionary: LookOnChain is a blockchain analytics firm known for tracking on-chain activity of major wallets and analyzing large transactions to identify potential market trends.
Solana’s performance amid market cyclesSolana is a blockchain platform focused on high speed and low transaction costs, which helped it attract significant investor interest through various bull and bear market cycles. The coin experienced a sharp decline below $10 in the aftermath of the FTX collapse in 2022, which severely impacted confidence in the network. Despite these setbacks, SOL rebounded over the next years and set a new all-time high of $293.31 in January of the previous year.
Recent price data shows that Solana has given back over 74% of its value from the 2025 peak, mirroring the volatility that has become typical for leading cryptocurrencies. This fluctuation has led analysts to search for patterns, with some pointing to the whale’s activity as a potential indicator for market sentiment shifts.
EventDateQuantity (SOL)Value (USD)Whale purchase (Market low)Aug/Oct 2023291,790$6.82 millionWhale purchase (Current)Aug 202647,535$3.6 millionSOL all-time highJan 2025–$293.31Looking ahead: Market sentiment and obstaclesMany cryptocurrency analysts believe that the broader market could soon enter an early bull phase. Bitcoin (BTC) has historically followed a four-year cycle, setting new all-time highs and influencing the momentum of altcoins such as Solana. BTC reached its previous peak in October 2025, and several market participants anticipate another high by 2029, with the next significant uptrend possibly starting in 2027. If these cycles continue, Solana may also be poised for potential upside.
Despite optimism, the path forward carries uncertainties. The US Federal Reserve has not indicated an imminent interest rate cut, maintaining a cautious approach that has influenced risk assets. High interest rates often deter retail investment in volatile markets like cryptocurrencies, raising the possibility that SOL could see additional declines if broader conditions remain challenging.
As both retail and institutional investors weigh these factors, the timing and scale of whale activity on Solana will likely remain in focus for those watching for future market moves.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Ansem Unveils z500, a New Onchain Index for Token LaunchesCrypto trader Ansem (@blknoiz06) has launched z500 and an accompanying platform, ansem(.)io, designed to bring a more transparent structure to new token launches on Solana. The index connects token teams with holders by letting projects signal long-term alignment publicly, sidestepping the opaque backroom deals that have become common in the memecoin space.
z500 is built as the first onchain index of its kind. Through ansem(.)io, participating teams airdrop a slice of their new token supply to existing ANSEM holders, then optionally buy and burn more ANSEM to climb the z500 leaderboard. Projects launching on the platform must hand at least 3% of their supply to ANSEM holders, with Gold and Diamond tier launches also requiring upfront ANSEM burns to rank higher.
Teams launch tokens on Pumpfun via dedicated launch wallets funded for community airdrops and gas. Projects can pay a one-time fee to unlock enhanced token pages, including banners, roadmaps, and updates, and can reach Gold or Diamond status by burning ANSEM, with project metrics tracked onchain and visible on Solscan.
Ansem frames the model as a direct alternative to standard influencer marketing. Rather than teams paying privately for attention, the structure lets projects market to him in a way that benefits the ANSEM community directly, while gamifying the experience so the best teams can be identified and rewarded.
Bull's Eye $EYE Becomes the First GraduateThe model's early impact was demonstrated sharply by the Bull's Eye memecoin (solana:RmtMAYVTTFv2iK9muMrXEoAnSSsZPPgRPbqZCKwNDYk). The token surged roughly 200,000% after its launch, reaching a market capitalization of approximately $4.5 million, and has since been cited as the first token to graduate from the z500 launchpad.
$ANSEM itself is a community-driven memecoin on the Solana blockchain, built around the persona of prominent trader Ansem and designed to capture attention as a cultural asset while developing a unique ecosystem. The dominant version ran from a market cap in the tens of thousands to tens of millions of dollars within roughly 10 to 12 days in mid-to-late June 2026.
As with all memecoins, risks are significant. Memecoins on Solana can surge hundreds of percent in hours and collapse just as quickly, since their value is tied almost entirely to social media sentiment rather than any underlying business or technology. Memecoins are highly speculative assets. Always do your own research and never invest more than you can afford to lose.
Sources:
Bankless: Ansem Debuts Launchpad and the z500 Onchain Index
CoinMarketCap: What Is The Black Bull (ANSEM)?
Solana is attempting to build a short-term bottom, rebounding from the $74 to $75 support range after a recent pullback. Technical indicators now highlight the potential for renewed upward movement if buyers can maintain control at key support levels.
Key Support Zones and Wave StructureThe one-hour SOL/USDT chart suggests a local low may be forming, following a recovery above $76. After briefly dipping into the $74 to $75 support area, Solana rallied back and hovered near $76.04. Analysts point to Fibonacci retracement levels at $75.29, $74.72, and $74.14 as crucial pivot points for the next move.
Technical analysis indicates the recent decline could represent a wave 4 correction in an Elliott Wave structure. The ability of Solana to stay above these retracement zones increases the likelihood of a rebound, potentially completing a fifth wave pattern.
Momentum improved as Solana broke above a descending trendline that had limited price action since July. Should SOL hold above the $74.14 to $75.29 band, further gains may target resistance levels at the recent swing high near the upper $77 area, with a broader resistance zone seen at $82.05.
A break below $74.14 would, however, weaken the current bullish outlook and raise the possibility of deeper declines toward subsequent supports at $71.17, $68.42, and $64.69. Solana’s recovery above $76 keeps the potential for additional upside, but a clear move through short-term highs remains necessary to confirm the conclusion of the correction.
Analysts caution that while Solana’s rebound above $76 preserves the immediate bullish scenario, confirmation requires a decisive push beyond recent high points to validate the end of the latest pullback.
Liquidity Sweeps and Short-Term ScenariosA separate 45-minute analysis marks the $74.70 to $74.80 level as a vital support band. Solana briefly fell below this range in what analysts interpret as a potential liquidity sweep, quickly recovering and maintaining levels above $75.80.
This reaction underlines the importance of the $74.70-$74.80 region. Analysts suggest that price consolidation in the mid-$75 range could precede a stronger push upward.
If buyers sustain momentum, the next resistance to monitor lies between $76.70 and $76.90, where temporary pauses or minor pullbacks may develop. The primary upside objective in the short term is found just below $78, a zone marked by both prior highs and technical resistance.
Traders are focusing on whether Solana can break beyond these intermediate barriers, with a confirmed advance toward $78 hinging on continued buyer commitment. Conversely, a move back beneath the $74.70-$74.80 support area could invalidate the recovery scenario, though specific downside targets are not explicitly outlined.
Broader Market Shifts to Web3 OwnershipAmid Solana’s technical rebound, broader financial markets are undergoing significant transformation. As traders closely monitor key support and resistance levels, a notable migration is underway: Wall Street participants are adopting Web3 technology for direct asset ownership. Investors now utilize platforms such as 1stepSwap, allowing them to hold shares of major U.S. companies, gold, and silver directly within their crypto wallets. By tokenizing real-world assets and delivering optimal market pricing in real time, such solutions eliminate the need for traditional intermediaries and redefine how market participants access global assets.
The move toward platforms that tokenize real-world assets offers investors new ways to access stocks, precious metals, and other instruments directly in their wallets, fundamentally changing the landscape of asset trading and ownership.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
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.
Telegram applies for the '.gram' domain, planning to provide exclusive domain names for its 1 billion users.
Telegram founder Pavel Durov announced in a post on his personal channel that the messaging app has applied for the .gram domain suffix. If the application is approved by the Internet Corporation for Assigned Names and Numbers (ICANN), Telegram’s roughly 1 billion users will be able to get their own second-level domains. Durov cited examples: Telegram usernames like @durov would map to durov.gram, while @monk would correspond to monk.gram. Users can also input a command to host and create interactive websites on Telegram.
26 minutes ago
Google plans to spend $10 million acquiring data from bankrupt airline Spirit Airlines to train its AI models.
Google has agreed to acquire certain corporate data from bankrupt airline Spirit Airlines for $10 million to improve its products and AI models. The data includes internal emails, Microsoft Teams chat logs, calendars, spreadsheets, booking and frequent flyer records, as well as marketing, productivity, operations and employee human resources data. Spirit stated that the data delivered to Google will be anonymized to remove personally identifiable information. The deal faces competition: AI data firm Mercor previously bid $7.5 million for the same set of data. The transaction still requires approval from a U.S. bankruptcy court, with U.S. bankruptcy judge Sean Lane scheduled to review it on Wednesday local time. Spirit Airlines ceased operations in May this year and is selling its remaining assets through bankruptcy proceedings. As AI companies ramp up demand for high-quality training data, internal corporate business data is emerging as a new type of data asset for AI model training and product optimization.
26 minutes ago
Bitcoin’s volatility falls to a cycle low, as traders shift to AI stocks and prediction markets.
Bitcoin’s recent volatility has dropped to multi-year lows, with its 30-day realized volatility standing at around 42%, compared to the S&P 500’s roughly 18% — marking the narrowest gap in volatility between the two assets on record. The market is stuck in a stalemate between buyers and sellers: sell-offs by corporates and mining firms cap upside gains, while deleveraging and ongoing accumulation by long-term holders limit downside declines. As Bitcoin’s volatility eases, some short-term traders have shifted their risk appetite to assets like AI stocks, tokenized equities, stock perpetuals, and prediction markets. A NYDIG study notes that short-term traders tend to chase volatility, narrative momentum, and upside potential, with “traders targeting 5x or 10x returns” now having options including Bitcoin, Nvidia, gold, stock perpetuals, 0DTE options, and sports event contracts. Data shows that monthly trading volume of traditional asset perpetuals on crypto platforms has surged more than fivefold from $52 billion in January to $268 billion in June. Meanwhile, South Korean retail traders have clearly shifted from cryptocurrencies to AI-related stocks, with trading volumes on major South Korean crypto exchanges falling by up to around 80% year-over-year. CoinDesk points out that the Bitcoin market is currently more like in a “dormant” state, with falling trading participation, shrinking market depth, and regulatory uncertainty combining to suppress volatility. If U.S. crypto regulation makes substantial progress, the macro environment shifts, or a new market narrative emerges, the current low-volatility regime could be broken, and thinner liquidity may further amplify price swings.
26 minutes ago
NVIDIA: Multi-GPU UMAP can process 870GB of vector data in 8 minutes, achieving a maximum speedup of 74 times.
NVIDIA has released a technical blog announcing that its cuML and cuVS libraries now support multi-GPU UMAP functionality, enabling distributed execution of dimensionality reduction for large-scale vector data across multiple GPUs—significantly cutting runtime while preserving embedding quality. NVIDIA noted that during tests on the MIRACL dataset (containing 106 million vectors, totaling ~870GB) run on a DGX system equipped with 8 H100 GPUs, cuML’s multi-GPU UMAP completed end-to-end processing in just 8 minutes, delivering up to 74x speedups over projected CPU-based implementations. Prior CPU-based solutions failed to process the full dataset even with 2TB of memory. The approach works by partitioning data into multiple clusters, building local k-nearest neighbor (kNN) graphs in parallel across different GPUs, then merging these into a global graph, thereby overcoming the memory constraints of a single GPU. NVIDIA added that this technology can reduce hundreds-of-GB UMAP tasks that previously took hours or even days to process down to just minutes.
26 minutes ago
Market News: Anthropic Plans to Raise Over $10 Billion in Credit Lines Ahead of Its IPO
Market sources say Anthropic is asking lead banks to provide around $1.25 billion each in loans, while other major participating banks are expected to contribute roughly $1 billion apiece. Separately, reports indicate the credit line Anthropic aims to raise ahead of its IPO could exceed its $10 billion target.
26 minutes ago
Axios reporter: The White House will host a tech leaders event with Trump tomorrow, and prediction market firms have not been invited.
According to Axios reporter Alex Isenstadt, the White House plans to co-host an event with President Trump tomorrow, with several tech industry leaders in attendance. White House sources noted that prediction market firms have not been invited to the event and will not participate. BlockBeats previously reported that on August 15, insiders disclosed that U.S. President Trump is expected to attend a crypto industry innovation conference at the White House next week, where he will hold discussions with executives from multiple crypto firms, as well as heads of prediction market and AI companies. Attendees of the conference include leaders from firms such as Coinbase, Ripple, Gemini, Robinhood, Polymarket, and Kalshi. All these executives are members of the newly established Innovation Advisory Committee of the U.S. Commodity Futures Trading Commission (CFTC). Sources said the conference is scheduled to take place at the Eisenhower Executive Office Building adjacent to the White House, aiming to hold policy dialogues around innovative fields including U.S. fintech, crypto assets, prediction markets, and artificial intelligence. CFTC Chairman Mike Selig and other government advisors are also expected to attend, while Treasury Secretary Bessent and Commerce Secretary Lutnick may be present.
For the better part of a year, Jupiter was the undisputed routing king of Solana’s decentralized exchange landscape. That reign just got a lot more contested.
Jupiter’s share of daily routed aggregator volume on Solana dropped to 48.9%, marking the first time the platform has fallen below the 50% threshold. Meanwhile, OKX hit a daily record of 31.3%, a figure that would have seemed implausible just a few months ago when Jupiter was commanding north of 80% of the flow.
The numbers behind the shift Until mid-2026, Jupiter held over 80% of stablecoin routing share and above 90% of broader DEX aggregation on Solana.
The current daily breakdown tells a different story. OKX captured 31.3% of routed volume, dflow took 16%, and Titan grabbed roughly 4%. Jupiter still led the pack, but only barely, at 48.9%.
On a monthly basis, Jupiter still holds over 70% aggregator market share. Daily snapshots can be volatile, driven by large trades or promotional activity from competitors.
Advertisement
For historical perspective, Jupiter processed more than 1.4 billion swaps valued at approximately $80B during Q2 2025.
Why OKX is gaining ground OKX’s surge isn’t accidental. The exchange built what it calls the X Routing engine, a DAG-based (directed acyclic graph) routing system designed to find optimal trade paths across fragmented liquidity pools.
OKX also benefits from a distribution advantage as a centralized exchange with millions of existing users, allowing it to funnel its user base directly into Solana DEX trading without those users ever touching Jupiter’s front-end.
Dflow, which captured 16% of daily volume, takes an auction-based approach focused on MEV protection, shielding traders from value extraction that occurs when bots front-run or sandwich transactions.
Jupiter’s response and the meta-aggregator play Around October 2025, Jupiter launched Iris, a meta-aggregator designed to route trades through competing aggregators when they offer better execution.
By integrating rival routes, Jupiter can maintain its position as the default front-end for Solana traders even if the actual execution happens through OKX’s engine or dflow’s auction system. But meta-aggregation introduces its own challenges: if Jupiter is routing through OKX anyway, traders might start asking why they need the extra layer. Jupiter’s graph-based routing engine needs to prove it adds value beyond simply being the incumbent default.
What this means for Solana’s DeFi ecosystem Ethereum saw a comparable pattern with DEX aggregators like 1inch, Paraswap, and CowSwap competing for share over several years. Solana is running through that same cycle on a compressed timeline.
The JUP token, tied to Jupiter’s governance and fee accrual, faces a nuanced outlook. Monthly dominance above 70% provides a floor, but if daily share continues trending toward 40% or lower, monthly figures will eventually follow.
OKX, as a centralized exchange, doesn’t have a DEX-native token tied to its Solana routing performance. OKX can subsidize routing through its broader exchange revenue, while Jupiter needs routing volume to justify its valuation.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
A Solana whale has once again bought 47,535 SOL, valued at around $3.6 million, continuing its buying trend. The purchase followed more than two years of activity involving strategically timed SOL entries and exits.
Previously, the whale accumulated 291,790 SOL worth $6.82 million during the August and October 2023 period.
The average price of those purchases was just $23.37, which came before SOL’s subsequent price surge. Hence, the most recent acquisition reinforced the wallet’s renewed accumulation.
Importantly, the whale purchased Solana rather than transferring existing holdings into an exchange. Such activity represented fresh demand within the provided data rather than potential distribution.
Therefore, a sustained accumulation from this historically strong wallet could support buying growth in SOL’s current consolidation.
Top traders lean heavily long on Solana The derivatives positioning data confirmed the accumulation trend, as Binance’s top traders showed a definite buying bias for long exposure.
The long accounts represented 71.84% of the total positions, while short accounts accounted for only 28.16%. As a result, the Long/Short Ratio reached 2.55, leaving bullish accounts more than twice as numerous.
The ratio had risen towards 2.9 before pulling back to its current level. However, long accounts continued controlling a substantial majority despite that moderation.
The positioning suggested that bigger traders at Binance have been bullish on SOL while the token consolidated around the nearby technical levels.
Meanwhile, whale accumulation provided an additional source of demand off the leveraged positioning picture. Both metrics helped to support the bull market sentiment, but overcrowding in longs could make for a more liquidation-prone scenario during sharp declines.
Source: CoinGlass Can SOL turn $74.53 into a base? Solana [SOL], at the time of writing, traded around $76.07 after defending the $74.53 support, keeping its recovery structure above an important price floor.
However, the DMI still reflected a narrow bearish advantage rather than decisive buyer control. The -DI stood at 18.5574, slightly exceeding the +DI reading of 17.5755.
Directional strength continued to be weak, with ADX at 8.4835. As a result, neither side had a strong enough presence to really control SOL’s full range.
Price action had repeatedly encountered resistance around $78.03, making that level the immediate upside test. A higher push above $78.03 may create space for a move towards the higher $83.98 resistance level.
Otherwise, renewed selling might push SOL back up to $74.53, while a break below this level could expose the $70.34 level into another challenge.
Source: TradingView Liquidation clusters tighten Solana’s battleground Liquidation liquidity is concentrated closely around SOL’s current market price, creating potential attraction zones on both sides of the range.
The heatmap drew significant downside liquidity almost directly under SOL’s recent trading range at $75.00 – $75.20.
Another significant level of concentration formed around $76.50 – $76.80, just above recent price action, though not as dense as the downside liquidity.
Therefore, SOL faced nearby liquidity in both directions before reaching its broader technical boundaries.
The upper cluster could attract price first during renewed buying, bringing SOL closer to the $78.03 resistance.
However, the denser downside volatility could instead bring liquidity down to the near-$75 level before testing the $74.53 technical support. The proximity of both clusters increased the importance of whichever side gained directional strength first.
Whale demand and long positioning currently favored buyers, but the weak ADX indicator kept the immediate breakout unresolved.
Source: CoinGlass Final Summary SOL whale accumulation strengthened while Binance top traders maintained dominant long exposure. Holding $74.53 for Solana could keep buyers positioned for another challenge of $78.03.
Compliance-focused, non-custodial swap connects Canton, Robinhood Chain, Solana, and Ethereum; named a Featured App on the Canton Network
, /PRNewswire/ -- Interstice Digital today announced the launch of the Cross-Chain Swap Engine in partnership with FalconX, a leading digital asset prime brokerage. The non-custodial swap engine connects Solana, Robinhood Chain, and Ethereum to the Canton Network — the only public, permissionless blockchain purpose-built for capital markets. The non-custodial swap engine has also been named a Featured App on Canton.
The Interstice Digital cross-chain swap engine opens a direct path between Canton's institutional-grade market infrastructure and the largest pools of retail liquidity in digital assets:
Robinhood reached 100 million transactions faster than any other EVM network and now serves 28 million funded accounts with $369 billion in total platform assets. Solana recorded 167 million monthly active addresses in April 2026, an all-time high, and $650 billion in stablecoin transaction volume in February 2026, the highest monthly figure ever recorded on any blockchain. Ethereum remains the deepest developer ecosystem in the industry and the base layer underpinning Robinhood Chain itself. "We built the cross-chain swap engine to help connect Solana, Ethereum, and Robinhood Chain to the growing Canton ecosystem where over $9T in tokenized RWA flow monthly" says Janine Yorio, CEO of Interstice Digital.
"As institutional demand for digital assets grows, the firms that win will be the ones who can move capital across ecosystems without friction. The cross-chain swap engine we've developed with Interstice Digital is exactly the kind of infrastructure this market needs," says Hassan Bassiri, Head of Trading Strategy at FalconX.
Built with Leading Infrastructure Partners
The Cross-Chain Swap Engine is powered by established blockchain infrastructure and compliance providers including Trulioo, TRM Labs, CertiK, Canton Strategic Holdings and MPCH.
For more information, visit www.intersticedigital.io
Interstice Digital provides non-custodial infrastructure only. Quotes are provided independently by counterparties and Interstice does not take custody of assets or execute transactions on behalf of users.
About Interstice Digital
Interstice Digital is a U.S.-based digital asset infrastructure company building compliant payment and settlement solutions for compliance-minded organizations. Interstice Digital is a wholly owned subsidiary of Everyrealm Inc., backed by a16z Crypto, Coinbase Ventures, Lightspeed, Galaxy, Brevan Howard, and Liberty City Ventures. For more information, visit intersticedigital.io.
About FalconX
FalconX is a leading digital asset prime brokerage for the world's top institutions. We provide comprehensive access to global digital asset liquidity and a full range of trading services. Our 24/7 dedicated team for account, operational and trading needs enables investors to navigate markets around the clock. FalconX Bravo, Inc., a FalconX affiliate, was the first CFTC-registered swap dealer focused on cryptocurrency derivatives.
"FalconX" is a marketing name for the FalconX Group and its affiliates. Availability of products and services is subject to jurisdictional limitations and FalconX entity capabilities. For more information about which legal entities offer particular products and services, please see the disclosure on our public website, incorporated herein, or reach out to your relationship contact.
Neuberger teams with Securitize on multi-chain tokenized fixed-income fund launch Latest NewsPublishedAug 18, 2026
The $613 billion asset manager will subadvise a high-yield fund tokenized across Ethereum, Solana, Avalanche and Sui.
Asset manager Neuberger has launched its first tokenized fixed-income fund through Securitize, offering an actively managed high-yield strategy across four blockchains, Ethereum (ETH), Solana (SOL), Avalanche (AVAX) and Sui (SUI).
The Neuberger Securitize High Income Tokenized Fund (HINC) will invest primarily in high-yield bonds, with additional exposure to collateralized loan obligations and leveraged loans, according to an announcement Tuesday.
The launch comes as investors are demanding higher yields amid heated competition for corporate and government funding.
“The previous market regime rewarded investors for assuming that capital would remain cheap and plentiful,” Saxo chief investment strategist Charu Chanana said in a Tuesday client note. “The emerging regime may reward investors for recognising that capital has a price again.”
The new fund is available to qualified investors, with Securitize providing the infrastructure to issue and manage tokenized shares across the four blockchain networks.
Neuberger will serve as subadvisor to a tokenized fund for the first time. Its fixed-income platform manages more than $230 billion in assets, while the firm manages about $613 billion overall.
Securitize has about $4.96 billion in distributed asset value across 26 tokenized real-world assets, according to RWA.xyz data. Its products include BlackRock’s $2.7 billion BUIDL fund, a $355 million tokenized AAA CLO fund and a $95 million Apollo diversified credit fund.
The company’s shares rose around 5% in Tuesday morning trading, giving the company a market capitalization of about $838 million. Despite the gain, the stock remains down more than 50% from levels reached shortly after its public debut in July.
Magazine: ‘Fabricated rumors’ about BitMart founder, Binance bStocks dominate: Asia Express
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.