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Solana price has rebounded above $106 after testing $100 support, but negative daily momentum and several overhead moving averages leave its recovery facing resistance.

Summary

Solana price traded near $106.20 after recovering from an Oct. 15 intraday low of $100.62. Daily MACD remained negative, while the price stayed below its $114.95 Bollinger midpoint. The 4-hour chart placed nearby moving average resistance at $109.21, $112.67, and $114.43. Analyst Aman identified $97–$99 support, with a conditional downside target of $75–$77. TradingView’s Binance SOL/USDT daily chart showed Solana at $106.21 on Oct. 15, up 1.84% for the session after moving between $100.62 and $106.51. The rebound brought the token away from the $100 threshold, although it remained roughly 14% below its late-September peak near $124.

The recovery followed a series of lower highs and lower lows after SOL lost its early-October trading range around $118–$122. On the 4-hour chart, selling accelerated after the token slipped beneath $116, followed by another decline from around $112 toward $100.

U.S. investment flows also remained weak. U.S. spot Solana ETFs recorded $1.29 million in net outflows on Oct. 14, marking their eighth consecutive session of withdrawals. The redemptions accompanied SOL’s decline toward $100, extending a period of weaker demand through those investment products.

Solana’s daily rebound leaves $114.95 as a recovery hurdle The daily Bollinger Bands placed the lower boundary at $102.83, the 20-day simple moving average at $114.95, and the upper boundary at $127.07. SOL’s recovery above the lower band followed an intraday move beneath it.

Solana price daily chart — Oct. 15 | Source: TradingView At $106.21, the token remained about 7.6% below the middle band. A return to $114.95 would bring SOL back to its 20-day average, while the $120–$124 region contains the recent trading range and local peak.

The daily MACD continued to show bearish momentum. The MACD line stood at −1.07, below its signal line at 0.95, with the histogram at −2.03.

Both lines had turned lower following the September advance, while the histogram remained below zero. The daily price rebound therefore occurred alongside a negative MACD reading, without a bullish crossover.

On the downside, $102.83 is the nearest daily Bollinger reference, followed by the session low at $100.62 and the psychological $100 level. A renewed decline beneath that area would bring the September support region around $97–$99 into focus.

The wider daily chart also shows that SOL remains above its summer trading base, which largely occupied the $70–$90 range. The current pullback has erased part of the August–September advance without yet revisiting that earlier consolidation.

The 4-hour chart puts three moving averages above SOL TradingView’s 4-hour chart showed SOL at $106.20, slightly above its 20-period simple moving average at $106.11. The other three displayed averages remained overhead.

Solana price 4-hour chart — Oct. 15 | Source: TradingView The 50-period average stood at $109.21, followed by the 200-period average at $112.67 and the 100-period average at $114.43. Together, those levels create successive technical hurdles between the current price and the daily Bollinger midpoint.

The chart showed the 20-period average below the 50-period average, with both below the longer averages. SOL’s latest bounce had reached the shortest average after several sessions of trading beneath it.

A sustained move above $106.11 would leave $109.21 as the next moving average reference. Beyond that, the $112.67–$114.95 area combines the two longer 4-hour averages with the daily midpoint.

The 4-hour Chaikin Money Flow reading was −0.02, just below zero. The indicator had recovered from deeper negative readings during the recent decline but had not moved into positive territory.

Analyst Aman separately identified $97–$99 as a support zone after SOL broke an ascending trendline. In an Oct. 15 assessment, he said that area needed to hold to prevent further losses and identified $75–$77 as a potential downside zone if support failed.

His lower target remains conditional on a breakdown beneath $97–$99. SOL’s rebound toward $106 placed the token above that support region at the time of the TradingView reading.

Liquidation clusters sit near $100 and above $110 CoinGlass’s one-month liquidation heatmap showed SOL recovering toward $106 after its latest drop toward $101. Nearby liquidation concentrations appeared around $100–$101 below the price and approximately $105–$107 around the rebound area.

Solana liquidation heatmap | Source: CoinGlass Further overhead, visible concentrations extended through roughly $110–$115. Larger, brighter bands remained near $123–$125, above the early-October trading range.

Below $100, the heatmap showed additional concentrations around $96–$97, close to the support region identified by Aman. The overlap places that area on both the analyst’s technical map and the derivatives liquidation map.

For a broader recovery, the chart-based sequence runs from holding the rebound above $102.83 toward reclaiming $109.21, then the $112.67–$114.95 resistance area. A move through those levels would bring the former $120–$124 range back into view.

A renewed loss of $100.62–$100 would instead leave $97–$99 as the next nearby support test, while Aman’s $75–$77 scenario depends on that lower zone failing.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Table of contents

Spout, a Solana-based protocol that lets investors borrow against tokenized US stocks without paying interest, has raised a $2 million strategic round with backing from Draper Dragon, Anchorage Digital, Flow Traders and Solana Labs, among others. We spoke to Marc Ryan, Spout’s co-founder and CEO, about the two-tier credit system he saw in investment banking, how the protocol pays lenders without charging borrowers, and what has to happen before its private beta opens.

You started your career in investment banking. What did you see there that eventually led to Spout?
I worked at HSBC, including on the Arm IPO. What struck me was a two-tier credit system sitting in plain sight.

On one side of the building, we arranged debt for large companies at rates a retail investor would assume were a typo. On the other, an individual holding a perfectly good portfolio of those same companies’ stock pays around 12% to borrow against it. Same underlying asset, same credit logic, completely different price. The only variable is who you are.

The second thing was how much of the work was simply moving information around. Underwriting is largely the business of assembling facts that already exist, verifying them slowly and charging for the delay. A lot of that collapses if the asset and the information about it sit on the same ledger, and anyone can check both instantly.

Spout came out of holding those two observations side by side.

Margin loans have been around for as long as brokerages have. Why has borrowing against stocks stayed so expensive for individual investors?
Because nobody has had a way to attack it.

Margin interest is not a cost being passed through to you. It is a product. The brokerage borrows cheaply, lends to you at a spread and keeps the difference. That spread is one of the most reliable revenue lines in the business, and no competitor can undercut it without giving up the same revenue themselves. It is also not a number most people shop on. You compare commissions and app design, and you discover the margin rate after you have already moved your account.

So the rate does not fall, because falling requires replacing that income with something else, and there was no something else.

Prime brokerage solves exactly this problem for institutions. It generates revenue from the collateral itself rather than from the borrower, which is why a hedge fund’s financing costs look nothing like yours. Running that at individual scale needs a shared ledger and programmable custody, and until recently neither existed.

That is the real unlock, and it is not tokenization for its own sake. It is the ability to produce income from the collateral, so that you no longer have to produce it from the borrower.

If the borrower pays no interest, where does the lender’s return come from, and what makes it go up or down?
It comes from selling optionality on the collateral, not from the borrower.

When you post stock with us, it would otherwise sit there doing nothing, exactly as it does in a brokerage account. We write covered calls against it, far out of the money, on a weekly cycle. The premium from those calls is what pays the lender. The borrower keeps the stock’s downside and its upside up to the strike, and pays no interest.

The lender has no directional exposure to the stock. They own a stream of option premium, which is why the return is largely indifferent to whether the market goes up or down.

What moves it is the gap between implied and realized volatility. Options on large, liquid US stocks persistently price in more movement than actually occurs. That gap is where the premium comes from, and it exists because of structural demand, not because anyone is making a mistake. Pension funds and institutional allocators buy protection on blue chip holdings as a matter of policy, not because they have a view. Retail investors buy upside calls on a handful of names with enormous enthusiasm. Both are price-insensitive buyers, and someone has to be on the other side of them. When that gap is wide, the lender earns more. When it compresses, the lender earns less. The lender side is split into a senior and a junior tranche.

Selling volatility on blue chip stocks isn’t a new idea. What is different about the way Spout does it?
It is an old trade. Hedge funds and structured product desks have run it for decades, so the novel part is not the premium. The problem has always been the tail. If you sell calls and the stock rips through the strike, you eat it. That is why systematic volatility selling has the reputation it does, and why institutions are wary of the trade even when the expected value is good. They want the premium. They do not want the tail that comes attached to it.

What we do differently is separate the two and give each to the party that wants it. Because the vault has two sides, rather than one fund doing both, the return and the risk can go to different people. The lender receives the premium and carries no directional exposure to the stock. The borrower carries the tail, which costs them the upside above the strike. They are entirely comfortable with that, because they are long the asset anyway and they get a 0% loan in exchange.

Put another way, every borrower on Spout is running a covered call. It is the most widely used options strategy among retail investors, and millions of people already do it voluntarily. The only difference is what they are paid in. Normally you write a covered call and receive cash. Here you write one and receive free financing.

Two parties with opposite appetites: one wants yield without direction, the other wants leverage and already owns the risk. Until you have a permissionless two-sided market, those two have no way to trade with each other. That is what the vault is for, and that is the thing that did not exist before.

Why does this need tokenized stocks? What can you do onchain that a traditional brokerage account can’t?
Almost everything a tokenized stock does today is worse than a brokerage account. You can buy the same share from a broker for free, with better execution and real settlement. Any product whose entire proposition is “the same stock, but onchain” is asking people to accept something worse in exchange for novelty. That is why most of this category has not gone anywhere.

As far as I can tell, the prime brokerage-style borrowing we have built is the first thing you can do with a tokenized equity that beats the offchain version rather than imitating it.

Strictly speaking, the strategy does not require tokenized stocks. What it requires is that the vaults live onchain, because that is what lets liquidity arrive permissionlessly. You need a two-sided market where anyone can be the lender and nobody has to be approved to become one. A brokerage cannot do that. It has to know and onboard every participant.

But it works best with tokenized equities, because they are programmable and borrowing is only one layer of what you can stack on them. Someone can post tokenized stock here, borrow stablecoins at 0% and put those stablecoins to work somewhere else onchain the same afternoon. Try that with shares at a broker. The asset there is inert by design.

Which tokenized equities will borrowers be able to use, and how do you decide which assets to support?
Eleven at launch, deliberately. They span large cap tech, AI, crypto-linked ETFs, pharmaceuticals, energy, gold and financials.

We wanted the initial launch to be targeted. It is also important to note that the volatility gap only behaves predictably in large, liquid, heavily traded names, where there is a deep options market and constant institutional hedging flow. Move down the market cap curve and the options thin out, spreads widen and the gap becomes erratic. You can still write the calls. You just cannot promise anyone a consistent return from doing it. So we could probably support most of the top 200 stocks, but not more than that for now.

The round brings together venture funds, a market maker, a digital asset bank, among others. What do these backers bring beyond capital?
Each of them answers a question we could not answer on our own.

Draper Dragon is the Asia question. We expect Asia to be a large share of our eventual user base, and their entire practice is bridging US technology into Asian markets.

Anchorage Digital is the custody question. They are the first federally chartered digital asset bank in the United States. If you want institutions anywhere near this, custody is the first thing they ask about and the first thing that disqualifies you.

Flow Traders is the market structure question. We write options against real collateral on a weekly cycle, which makes execution quality not a detail but the product itself. Having one of the world’s largest market makers look closely at how we do that is worth more than the check.

We did not take money from anyone whose only contribution was money.

Your angels include Solana Labs co-founders Anatoly Yakovenko and Raj Gokal, and former CFTC chairman Chris Giancarlo. How did those relationships come about?
Both came from the same habit: I talk to a lot of people, and I read what they write.

I had read Chris Giancarlo’s work long before I contacted him. He was writing years ago about financial instruments moving onchain, at a point when most of the industry was busy launching another L2 nobody needed. He was describing what we are building before there was anywhere to build it. He also understands the regulatory terrain from the inside, which matters enormously in this category. I sent him a cold message, and he took the meeting.

With Toly and Raj, we knew we wanted to build on Solana, so we applied to the Solana Incubator and got in. That put us in rooms with people across Solana Labs and the Solana Foundation over a sustained period. What we are building lines up closely with what they have said publicly about what Solana is for: real financial activity at a cost that makes it sensible to do onchain. The relationship grew out of the work rather than out of a pitch.

Spout isn’t on mainnet yet. What has the devnet beta taught you so far, and what needs to happen before the private beta opens?
The most useful thing it has told us is who actually shows up, and there are two distinct people.

The first wants exposure to a stock but also wants their capital to stay liquid. They do not want to choose between owning the position and having money to deploy. They post the stock, take the stablecoins and go do something else with them.

The second is a long-term holder who wants leverage, and for that person the interest rate is the entire decision. Over a few weeks, a 12% margin rate is an annoyance. Over three years, it compounds into a serious share of the return. That person is not really shopping for a loan. They are shopping for more exposure, and the cost of carry determines how much of it they can hold. For them, 0% is not a better deal. It is a different product.

Before the private beta opens, the gate is audited. The protocol holds other people’s equity collateral and writes options against it. There is no version of this where we open it up before the contracts have been through external review.

You describe the longer-term plan as a credit layer that issuers, exchanges and wallets can plug into. What would that look like for a partner in practice?
A white-label margin product that drops into someone else’s interface. An exchange, a wallet or a tokenized equity issuer can offer their own users 0% borrowing against their holdings without building any of the machinery underneath it. The API is built. An SDK and an MCP server are in progress.

The way I think about it, we are a layer, not a destination. The useful property of building this onchain is that other people can build on top of you without asking permission. There are financial instruments and funds that could be constructed on top of a 0% borrow that do not exist yet, and then instruments on top of those. We do not need to imagine all of them. We need to make the layer underneath dependable enough that other people bother.

Spout is not yet live on mainnet. Its beta runs on Solana devnet, and the company says the private beta will open after its smart contracts have completed external audits.

This article was automatically generated using Dow Jones technology. Most major cryptocurrencies were up at 4 p.m. Eastern time, with Solana seeing the biggest change, climbing 1.8% to $105.93. Sui increased 1.7% to $1.03, while Ethereum climbed 1.5% to $2,450.89. Cardano increased 1.4% to 23 cents, and XRP climbed 1.4% to $1.34.

Avalanche increased 1.2% to $10.05, and Bitcoin increased 0.7% to $82,292.70. Tronix shed 0.1% to 33 cents, and Dogecoin declined 0.3% to 8 cents. Data source: Dow Jones Market Data, Kraken (END) Dow Jones Newswires 10-15-26 1600ET Copyright (c) 2026 Dow Jones & Company, Inc.

Solana (SOL) has opened an office in Shanghai and promoted its brand on the city’s skyline. Binance founder Changpeng “CZ” Zhao says his own BNB Chain has not managed such a China push so far.

Mainland China has banned crypto trading since 2021. Yet a foreign blockchain foundation now runs public ads and a local office in Shanghai, the country’s financial hub.

Why Solana’s China Office Caught CZ’s AttentionRachel Conlan, Chief Strategy Officer at the Solana Foundation, shared photos from Shanghai, including the new office. Her post also showed Solana branding lit across the city skyline.

What a Day 1 in Shanghai.

From visiting the new office to seeing Solana light up the Shanghai skyline.
Quite a way to kick off the week!

Incredible energy from the community here. pic.twitter.com/fxf81Dta28

— Rachel Conlan (@RachelConlan) October 14, 2026 Conlan joined the foundation in September. She previously served as Binance’s chief marketing officer.

CZ quoted her post on X. He welcomed the move but noted that BNB Chain, the blockchain Binance incubated, has not achieved the same.

It's amazing to see that Solana was able to advertise and even get an office in China. 👏@BNBChain was not able to do this, so far. 🤣

Hopefully, what's good for one industry player is also good for the rest. https://t.co/fNRRWnAGpt

— CZ 🔶 BNB (@cz_binance) October 15, 2026 The office also anchors a wider Solana campaign in China this month. The foundation’s website lists Solana Accelerate China, an event series in Shanghai, Hangzhou, Shenzhen, and Beijing.

CZ has his own history with the country. His memoir, Freedom of Money, traces his path from rural China to building Binance.

The exchange itself launched in China in 2017. Shortly after, Beijing’s crackdown on token sales pushed it offshore.

Can Beijing’s Crypto Ban Make Room for More Players?The ban targets crypto trading, token sales, and exchange services. It does not cover blockchain technology itself.

Officially, the ban still stands. In February, regulators widened the crackdown to target stablecoin issuance and real-world asset (RWA) tokenization.

At the same time, Beijing actively backs the underlying technology. Its plans for a national blockchain network leave Bitcoin out entirely.

That split may explain the room Solana has found in China. The foundation pitches its tour to builders, executives, and more than 100 fintech and tech companies.

Still, CZ framed Solana’s China access as a possible precedent. When a user told him he was too nice to the competition, CZ rejected the framing. He argued that any player expanding the industry benefits everyone.

It's not a competition. Whoever helps to expand the industry benefits the entire industry. You don't have to do everything yourself. 😂

— CZ 🔶 BNB (@cz_binance) October 15, 2026 CZ’s own wording leaves the door open. He said BNB Chain has not matched Solana “so far.”

Whether Solana’s China office lasts, and whether BNB Chain follows, will show how much room the ban leaves for foreign blockchains.

Revealed live at Ledger Op3n 2026, Ledger's new device, Ledger Atom™, will ship with the SolanadApp Store and wallet combined into one Seeker app.

, /PRNewswire/ -- Today, live on stage at Ledger Op3n 2026 in Paris, Solana Mobile, announced Ledger as its first hardware expansion partner. The SolanadApp Store and wallet will be combined into one Seeker app and integrated with Ledger Atom.

Ledger is Solana Mobile’s first hardware expansion partner. Ledger Atom™ will ship with the Seeker app preinstalled, giving Ledger users access to the Solana ecosystem.

The Solana dApp Store and wallet will be combined into one Seeker app on Ledger Atom.

This partnership builds on the hardware expansion Solana Mobile began in March 2026, when it opened the Solana Mobile Stack to Android manufacturers at Mobile World Congress in Barcelona. Every new device leveraging the Solana Mobile Stack brings more people into the SKR ecosystem. More people bring more builders. And more builders bring better apps, which bring the next wave of people. The SKR token is at the heart of it all, allowing users to be rewarded for participating in the ecosystem, developers for building and hardware manufacturers for integrating.

Ledger Atom is a new security and privacy device that leverages Android Open Source Project (AOSP) alongside a Secure Element (EAL6+) running Ledger OS, with the display and touch control physically isolated from the Android operating system. Seeker app will be integrated with this secure technology and preinstalled on the new device, serving as a gateway for Ledger users to the Solana ecosystem.

Ledger Atom will contain advanced anti-tampering and tamper-evident solutions from packaging to the device itself, including methods to help detect if the enclosure has been opened. Ledger Atom will only be sold directly on Ledger's official site.

"Great experiences come from teams who focus on the details, and Solana Mobile is one of those teams. Seeker made self-custody feel natural on mobile. Having the Seeker app on Ledger Atom from day one just makes sense, so Ledger users get access to the Solana ecosystem without giving up any of the security." — Ian Rogers, Chief Human Agency Officer, Ledger

Expanding beyond our own hardware

It's the right moment to expand: Seeker has proven people will hold and use their assets from hardware built for it, with over $13B in transaction volume on Seeker, 154 million transactions, and over 1,500 apps on the SolanadApp Store. The Seeker app on Ledger Atom gives users the best of both worlds: access to the world of Solana with the hardware expertise of Ledger.

App stores are one of the least contestable markets in the world. A few companies decide what ships and take up to a 30% cut of every transaction. Solana Mobile built the SolanadApp Store to change that. Developers can ship the crypto features other app stores often restrict, get reviewed in days instead of weeks, and reach an engaged audience that actually uses crypto every day. It was never supposed to live on just Seeker.

If you own a Seeker, nothing changes, Seeker will stay fully supported. If you build for Solana Mobile, the same SolanadApp Store submission now reaches an expanded audience across multiple devices. Ledger Atom users will join you in the Solana Mobile ecosystem as we bring the same experience to them with the Seeker app.

"The Seeker phone proved what a crypto-native mobile community can do: shipping over a thousand apps with billions in transaction volume from over 100,000 users, and founders finding their first customers in a matter of days. Now we're thrilled to take the Solana Mobile ecosystem further with Ledger, and I'm excited for Ledger Atom users to experience the magic that Seeker users have been experiencing for over a year." — Anatoly Yakovenko, Co-Founder and CEO, Solana Labs

What's in the Seeker app on Ledger Atom

The Seeker app will bring the core Solana Mobile experience to Ledger's hardware security model, enabling Ledger Atom users to:

Connect to the Solana ecosystem on day one. The Seeker app will be preloaded and featured on Ledger Atom's home screen.
Approve securely. Signing and approvals in the Seeker app will happen in Ledger Atom's Secure Mode, backed by the Secure Element and Ledger OS, so the transaction users confirm is the one they sign.
Discover apps. The SolanadApp Store will be built in, with 1500+ dApps available today on Seeker coming to Ledger Atom, spanning trading, payments, gaming, AI, and more.
How to reserve a Ledger Atom

Reservations for Ledger Atom are open now.

Get yours today: ledger.com/seeker

Missed the keynote? Watch the Ledger Op3n 2026 replay here.

About Solana Mobile

Solana Mobile Inc. shipped the Saga in 2023 and the Seeker in 2025, establishing the first production-validated mobile platform for hardware-secured digital asset management. With over 200,000 devices sold and $13B+ in transaction volume, we're now focused on scaling the platform through new hardware partners and the expansion of the economy around SKR, the native asset of the Solana Mobile ecosystem.

Media Contact: [email protected]

SOURCE Solana Mobile

Ledger has spent years building small, single-purpose gadgets that keep crypto keys away from the internet. Now the company is reportedly stepping into the phone-shaped world it used to treat as the threat.

According to The Block, Ledger unveiled Atom, an Android-based security device. It features Solana Mobile integration, controls for AI agents, and protections against hardware tampering.

What Atom brings to the table
Per The Block, Atom rests on three main pillars. The first is its Android foundation, which marks a notable shift for a company known for purpose-built hardware wallets.

The second is Solana Mobile integration. The Solana Mobile Stack is a toolkit that lets Android device makers add hardware-secured self-custody and access to the Solana ecosystem. Its key component is Seed Vault, which keeps wallet secrets in protected hardware rather than in ordinary app storage. The stack is production-ready on supported chipsets and already powers the Seeker phone.

The third pillar is AI-agent controls. As autonomous software starts handling more tasks, including potentially moving funds, Ledger is reportedly building that oversight directly into the device rather than leaving it to individual apps.

Finally, Atom includes hardware-tampering protections.

How Ledger and Solana got here
Ledger’s lineup has so far centered on dedicated signing devices. The Nano Gen5 arrived in October 2025, joining the Flex and Stax models in the company’s catalog.

Those devices already support Solana. Users install the Solana app through Ledger Wallet and can manage accounts, transfers, and staking from there. Bluetooth-enabled models such as the Nano X can also pair with Android phones.

The company has shipped millions of devices overall and maintains broad multi-chain support.

On the other side, Solana Mobile has been building its own hardware story. Its Saga and Seeker devices have processed significant on-chain volume. Seeker in particular pairs Seed Vault with a fingerprint sensor for transaction signing.

What this means for users, Ledger, and Solana
The AI-agent angle may prove the most forward-looking piece. Agents that trade, pay, or rebalance on a user’s behalf create an obvious question: who approves the transaction when the human is not in the loop? Hardware-level controls place a physical checkpoint between autonomous software and the funds it might touch.

For Solana, the integration is a potential distribution win. The Solana Mobile Stack was designed for Android device makers to adopt, and a partner with Ledger’s name recognition could lend the approach added credibility.

The research summary accompanying the report notes that demand for secure custody remains robust. It also suggests that closer ties between Ledger and Solana Mobile could strengthen Ledger’s market position and benefit the SOL ecosystem, though those effects are speculative.

Moving onto Android expands what Ledger must defend, since a full mobile operating system carries a far larger attack surface than a minimalist signing device. Competition is another factor: Solana Mobile already sells its own Seeker device with Seed Vault, so Atom’s arrival raises the question of whether the two products complement each other or end up chasing the same buyers.

Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.

Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our daily news show 'FOMO HOUR' covering all of the top stories and market action.

GM!

Today’s top news:

Crypto majors fall 3-5% after hot CPI; BTC at $80.9k
Over $900M liquidated as crypto majors selloff; alts down 5-15%
Solana sets Oct 21 for Alpenglow on mainnet
Papertrade flips Circle in daily revenue with $7.5M
Kalshi says state-level oversight would drive prediction markets offshore
🏎️ Solana Cuts Finality From 12.8 Seconds to 150 MillisecondsNext Wednesday, Solana rips out the engine and drops in a new one while the car is doing 70 on the highway.

On October 21, around 15:00 UTC, Solana activates Alpenglow on mainnet, retiring the consensus mechanism it has run on since launch. Finality drops from roughly 12.8 seconds to a target of about 150 milliseconds – 85 times faster. Anza, the core dev shop behind it, called it “18 months of work for a migration that happens in one slot.”

Finality is the moment a transaction stops being reversible, the point where you can hand over the goods knowing the payment can’t be clawed back. Solana has always felt instant, but there was a roughly 13-second window where a block could in theory still get dropped. Every exchange and payment processor has had to build around that window. Next week it closes.

The old system breaks if more than about a third of staked SOL turns hostile. The new one is built to survive 20% of stake acting maliciously plus another 20% simply offline, and keep finalizing. For a chain whose reputation was built on outages, that’s the number institutions will actually care about.

Now the part that’s going to cause trouble. Validators currently cast their votes as transactions on the chain. Under Alpenglow they vote directly to each other instead, which means Solana’s headline transaction count and TPS figures are about to fall off a cliff. Nothing real changes - same users, same volume, same apps - but the number everyone has quoted for years was mostly validators voting at each other. Expect a wave of “Solana activity collapses” posts next Wednesday from people reading a dashboard.

This is also just phase one of two, and the second piece has no date yet. And Solana has missed an Alpenglow date before - a September 28 activation was announced, then pushed. So, grains of salt.

But clearly Solana is focused on speed as one of its primary differentiators - and it’s about to get a lot faster…

🌎 Macro Crypto and Markets
Crypto majors are very red after CPI sent rate hike odds higher; BTC -3% at $80.9k; ETH -6% at $2,360; SOL -5% at $102; HYPE -3% at $79; ZEC -12% at $1,090
Top alt movers include PYTH (+3%) and CRV (+4%)
Oil -1% at $95; Gold +0.2% at $4,180
Stock futures are mixed ahead of PPI; DOW +0.3%, Nasdaq -1.1%
Over $900M in crypto longs were liquidated over the past 24 hours, led by ETH and BTC
Hyperliquid founder Jeff Yan told Bloomberg that U.S. regulators should police the firms building on his blockchain rather than the network itself, arguing “the deployers are the ones that exercise these controls”
Kalshi CEO Tarek Mansour said state-led oversight would drive prediction markets offshore, telling DC Fintech Week the court fight is “a choice of whether prediction markets exist in the U.S. or whether they go offshore”
HEX founder Richard Heart was detained in Istanbul on an Interpol Red Notice that Finland requested in 2024 over aggravated tax fraud
Russia’s largest bank, Sberbank, won approval to trade crypto for its 110 million retail clients, with a December 1 launch planned covering Bitcoin, Ethereum and USDT
The European Banking Authority designated Circle’s USDC as the EU’s first “significant” e-money token under MiCA, the only one of 45 notified tokens to clear the bar, which puts it under direct EBA supervision of its reserves, capital and liquidity from November 12
Corporate Treasuries & ETFs

The Bitcoin ETFs saw $261M in net outflows on Wednesday; the ETH ETFs saw $130M in outflows
Meme Coin Tracker

Meme leaders were red down 3-5%; DOGE -5%, SHIB -3%, PEPE -6%, PENGU -5%, TRUMP -3%, SPX -4%, BONK -5%
Robinhood chain leaders were red down 5-20% reversing their recent gains; Pons -6% to $212M; AI -20% at $80M; Cashcat -18% at $100M; VRAX +40% and Wolfpack +55% led top movers
Solana top movers included Dope +100%, Stream +9000%, Nihilism +1200% and Pepper +90%
💰 Token, Airdrop & Protocol Tracker
Papertrade flipped Circle in revenue with $7.5M, highest of all onchain protocols; Hyperliquid was next with $2.64M, then Pump.fun with $2.04M
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3 hours ago

Crypto hardware wallet manufacturer Ledger has launched the Atom Android device at the Op3n event in Paris. The limited-edition founder version is priced at $849, with a fully refundable $100 deposit required for pre-orders; the regular retail price will be $899 after launch. Delivery is slated for summer 2027, pending completion of certification. Atom uses an FPGA chip to isolate its Android environment from a secure mode dedicated to transaction auditing and signing, while supporting standard Android applications. Solana Mobile plans to integrate its wallet and dApp Store into the Seeker app, which will connect to Atom, with transaction signing handled by the secure mode. The device will also come pre-installed with OpenClaw, a tool that lets users review transactions proposed by AI agents via Agent Intent, without exposing private keys to the agents. Addressing recent hardware wallet tampering incidents, Ledger stated that Atom can detect acts including screen removal, casing disassembly, and core area drilling. Anti-tamper sensors remain powered by an independent battery even when the device is turned off. The company added that its core protection features can block the screen-reading implant attack observed in the recent incidents. The device will be sold exclusively through Ledger’s official website.

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Solana Mobile has announced its first major hardware collaboration with Ledger, revealing Ledger as a key partner in expanding Solana’s mobile ecosystem. The new Ledger Atom device will come pre-installed with the Seeker app, which integrates the Solana dApp Store and enables secure transaction signing through Ledger’s EAL6+ Secure Element. This partnership is designed to extend Solana’s app and wallet infrastructure into Ledger’s hardware network, potentially broadening its user base. Market participants may view this development as supportive of Solana’s ecosystem, potentially influencing the value of SOL in the market.

Key Takeaways

The announcement of Ledger as a hardware partner for Solana appears to enhance the ecosystem’s reach.
The introduction of the Ledger Atom with the Seeker app suggests expanded access to Solana’s dApps and wallet services.
Markets may interpret this partnership as supportive of increased demand for SOL, influencing its price prospects.

What to Watch
Observers are likely to monitor how effectively the Ledger partnership bolsters Solana’s ecosystem and user engagement. Key indicators will include the adoption rate of the Ledger Atom and its impact on Solana’s app and wallet usage metrics. Additionally, any significant changes in SOL’s market price or investor sentiment following this announcement could provide further insights into its long-term impact.

Term Structure

Contract
Odds
Δ since publish
Volume 24h

November 1 2026
0.7%
-0.1¢
$1K
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November 1 2026
5.1%
-0.3¢
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November 1 2026
28%
-4¢
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November 1 2026
9%
+0.4¢
—
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November 1 2026
0.4%
0.0¢
$7K
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November 1 2026
1.1%
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$5K
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November 1 2026
1.9%
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$378
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November 1 2026
2.4%
+0.3¢
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November 1 2026
2.9%
-1¢
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November 1 2026
0.1%
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November 1 2026
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November 1 2026
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November 1 2026
0.4%
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November 1 2026
2.9%
+0.1¢
$8K
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Updated 3min ago

Nillion clarifies its Layer 2 (L2) shutdown arrangements, stating that the project is now operating on the Ethereum mainnet.

Nillion has issued a clarification, announcing it will gradually shut down its Nillion L2 over the coming weeks, as the project is now operational on the Ethereum mainnet. Users still holding NIL tokens on the L2 are required to migrate their assets to Ethereum L1 before the shutdown, with a dedicated bridge portal provided. The team stated that the earlier post sparked concerns among some users, prompting this clarification, and emphasized that the adjustment is purely a maintenance operation.

24 minutes ago

CoreWeave’s expanded borrowing plan sparks market unease, with high-yield bonds continuing their decline.

Amid intensifying declines in high-yield bonds, credit risk for AI cloud computing firm CoreWeave hit an all-time high on Thursday. The company’s plans to further expand its borrowing scale have sparked concerns among bond investors. Data from ICE Data Services shows that the cost of CoreWeave’s five-year credit default swaps (CDS) rose by 74.5 basis points at one point to 1,194.5 basis points, marking an intraday all-time high. This means the swap market pricing reflects that the company’s default probability over the next five years exceeds 60%. Meanwhile, CoreWeave bonds were among the biggest decliners in the U.S. junk bond market on Thursday. The financing boom in the AI sector is unsettling bond investors, prompting the market to reassess credit risks for some large tech firms, as evidenced by surging credit default insurance prices, heightened market volatility, and weak bond performance. As an early entrant in the AI cloud computing space that relies heavily on the high-yield bond market to fund business expansion, CoreWeave has drawn particular attention.

24 minutes ago

Bitwise’s Chief Investment Officer (CIO): Bitcoin Likely to Benefit Long-Term, Regardless of AI Boom or Its Bubble Burst

Bitwise Chief Investment Officer Matt Hougan stated in a client report that Bitcoin is likely to benefit in the long run regardless of whether AI drives an economic boom, an investment bubble bursts, or the economy grows only moderately. In the scenario where the AI bubble bursts and triggers a recession similar to 2008, given AI’s geopolitical significance, he puts the probability of subsequent government bailouts at “nearly 100%”. Bitcoin may first face a sell-off before rallying sharply amid a surge in the money supply. If AI significantly lifts productivity and GDP while cutting costs in sectors like software and legal services, Hougan forecasts that scarce assets such as Bitcoin will appreciate. Should the economy sustain 3% growth, 4% interest rates and a near soft landing, Bitcoin will still be supported by ETF inflows, adoption by financial advisors, and allocations on corporate and sovereign balance sheets. He cautioned that Bitcoin will not rise in a straight line, with some scenarios potentially involving difficult initial phases. Threats including quantum computing, coordinated government crackdowns, or renewed fiscal austerity by Western governments could also undermine his thesis; he considers these scenarios unlikely but not impossible.

24 minutes ago

Bitcoin rebounds to break through $81,000

According to HTX market data, Bitcoin has rebounded to break through the $81,000 level, with a 1.29% decline in the past 24 hours.

24 minutes ago

Bitcoin falls below $80,000

According to HTX market data, Bitcoin has fallen below $80,000, recording a 3.48% drop in the past 24 hours.

24 minutes ago

Nasdaq’s proposed $5 million market capitalization delisting threshold has sparked opposition from small U.S. businesses.

According to Bloomberg, Nasdaq plans to immediately suspend trading of listed companies with a market capitalization below $5 million for 30 consecutive days, followed by delisting, to curb market manipulation such as "pump and dump" schemes in micro-cap stocks. The proposal has faced opposition from small U.S. businesses; regulators put its rollout on hold last month and are soliciting further public comments. Bloomberg data shows more than 190 Nasdaq-listed companies currently have a market cap of no more than $5 million, with roughly one-third based in Asia and nearly half in the U.S. Opposing companies argue that natural price fluctuations stemming from low trading volume are not equivalent to market manipulation, and the proposal could deter financing and harm normally operating businesses. Unlike existing delisting rules for low share prices, which provide a 180-day correction period, the new proposal does not offer an extended grace period. Nasdaq, for its part, stated that securities assigned very low valuations by the market are more prone to volatility, posing an ongoing challenge to fair and orderly trading. NYSE American also proposed a similar $5 million threshold in March this year, and the U.S. Securities and Exchange Commission (SEC) has delayed a final vote as well.

24 minutes ago

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.

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The head of one of Solana's largest infrastructure firms is joining NEAR's governing council as the network expands its push into private, cross-chain markets.

What's the Scoop? New Council Member: Mert Mumtaz, CEO and co-founder of Helius, has joined the NEAR Foundation Council and will sit alongside NEAR co-founder Illia Polosukhin and Anchorage Digital co-founder Diogo Mónica.

His Role: Mumtaz will help guide NEAR's product strategy, ecosystem growth, and governance as the network expands into private onchain markets. He'll also judge NEAR's November 1–14 hackathon.

Cross-Chain Ties: Though he runs Helius, a major Solana infrastructure company, Mumtaz has been a vocal NEAR fan, calling it "the market of markets," a neutral layer connecting chains like Solana, Zcash, and AI networks: "If Solana is one continent… then NEAR is the silk road."

NEAR's Momentum: NEAR Intents, which lets users swap across blockchains without managing bridges, has processed over $33B in all-time volume. It also lost about $3.8M to a deposit-system bug on Oct 1, which the team patched, and it says it will fully repay users.

Quantum and AI Fears: The day before, Mumtaz and Polosukhin joined threadguy's roundtable on whether AI or quantum computers could break crypto. The takeaway was that coins are safe for now, and smart contract hacks are the bigger near-term risk. Mumtaz said most chains could upgrade if they had to, and that Zcash was "the best prepared."

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It’s time to break up with your bank, and join the movement for a better world.

Ethereum, XRP and Solana all dropped on October 15, 2026. The trigger had nothing to do with blockchains and everything to do with a spreadsheet from Washington.

The US Consumer Price Index for September showed inflation running at 3.7% year over year. Market analysts cited by Decrypt say macro factors, not crypto-specific problems, are what pushed altcoin prices down.

The numbers behind the selloff
Economists had expected the September CPI reading to land at 3.6%. Instead it came in a tenth of a point hotter, and it also climbed above August’s 3.4% rate.

The concern is simple. If inflation keeps rising, the Federal Reserve has less room to ease, and borrowing costs stay elevated for longer. That tends to drain enthusiasm for anything that sits at the riskier end of the investment spectrum.

Ethereum fell below $2,400, a slide of nearly 5-6% on the day. XRP traded in a range of $1.30-$1.31, while Solana hovered between $101-$102. Both of those tokens posted declines close to 5%.

Leverage made things worse. Total liquidations across the crypto market reached approximately $972 million over a 24-hour window, with long positions taking most of the damage. ETH accounted for the largest share of the wipeout.

Institutional money stepped back too
On October 14, Bitcoin spot ETFs recorded outflows of approximately $261 million. Ethereum spot ETFs lost around $130 million on the same day.

Solana products saw minor outflows, while XRP funds actually logged a modest inflow. That XRP inflow is a small detail, but a telling one. It suggests at least some institutional buyers were willing to add exposure even as the broader mood soured. It was not enough to stop the token’s price from falling roughly 5%, though.

Why macro is running the show
The 10-year US Treasury yield approached 5.3%, a level that represents multi-decade highs.

Other forces were also in play. Geopolitical tensions, rising oil prices and a hawkish tone in minutes from recent Federal Reserve meetings have kept markets on edge. Earlier October volatility was also correlated with climbing oil prices and Fed signals pointing toward tighter policy.

Analysts also noted that altcoins have been underperforming Bitcoin during this phase.

What this means for traders and investors
The Federal Reserve’s next decision is scheduled for October 28. A hotter-than-expected CPI reading raises the odds that policymakers lean toward keeping rates higher for longer.

Approximately $972 million in forced closures in a single day signals that a lot of leverage had built up on the long side. ETF flows are worth watching as a gauge of institutional conviction. Continued outflows from the Bitcoin and Ethereum funds would suggest larger investors are trimming risk until the rate outlook clears.

The split between XRP’s small inflow and Solana’s minor outflow shows that institutional appetite is not moving in lockstep across altcoins.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

Table of contents

Solana’s Alpenglow consensus upgrade is scheduled to go live on mainnet on Wednesday, October 21, 2026, cutting transaction finality from roughly 12.8 seconds to about 150 milliseconds, according to the Solana Foundation’s upgrade page. The change replaces the network’s TowerBFT voting mechanism with a new protocol called Votor and is the first major replacement of Solana’s consensus layer since TowerBFT.

SOL was trading near $104 on October 14, down roughly 3.7% over the prior 24 hours, as validators and infrastructure providers prepared for the migration. For most users the effect is simple: transactions settle almost immediately, and wallets and applications keep working as they do today.

What the Alpenglow Upgrade Changes Today Solana validators vote by sending transactions, and a block becomes final only after enough votes have stacked up over 32 slots — a process that takes about 12.8 seconds. Alpenglow replaces that layer entirely. Under Votor, validators send votes directly to each other instead of recording them as on-chain transactions, bundle those votes into aggregate certificates, and finalize a block in one or two rounds of voting.

The result is roughly 150 milliseconds to finality, which the Solana Foundation describes as about 99% faster than TowerBFT. The upgrade is also designed to tolerate up to 20% malicious stake plus 20% offline stake. The 150 millisecond figure describes how long a transaction takes to become final, not how often blocks are produced — block time was reduced separately, from 400 to 200 milliseconds, through a staged rollout completed in October.

A Two-Phase Rollout: Votor First, Rotor Later Alpenglow ships in two phases. Votor, the voting protocol, is the first and arrives in the Agave 4.3 validator client. Rotor, which replaces Turbine — the protocol that spreads block data across the network — with a single relay layer, is planned for a later release and is not yet scheduled.

The upgrade has already run on test and developer networks. Solana moved Alpenglow to public testnet in late September, and devnet activated the feature in epoch 1167 on September 25, 2026. Mainnet activation in epoch 1064 is expected around 15:00 UTC on October 21, behind feature gate A1pengvuM6JEcyNuTnMqepBKhwHE3N6PmUrdATGawhJS.

What Validators Must Do Before October 21 Validator operators face two hard requirements before epoch 1064 begins. First, they must run an Agave-based client — Agave, Jito-Solana, or Harmonic Salsa, on a release built on Agave 4.3.0. Firedancer and Frankendancer are not supported during the migration. Second, each validator must hold at least 0.8 SOL in its vote account, above the rent-exempt minimum, to pay the Validator Admission Ticket (VAT) fee. That fee is charged at the start of each epoch and pays for the following epoch; if it goes unpaid, the validator does not vote or produce blocks in the next epoch.

What Does Not Change — and What Infrastructure Must Update Alpenglow does not touch transaction execution. The Solana Virtual Machine, transaction formats, programs, and fee mechanics remain unchanged, and applications that only send transactions and read account state need no migration. That block-time work is separate: Solana completed its slot-time reduction to 200 milliseconds earlier in October.

Infrastructure that consumes block, voting, or finality data does face breaking changes. Vote transactions leave blocks entirely, so any metric that counted them must be re-baselined, and reported transaction totals are expected to decline. The confirmed and finalized commitment levels converge into one. Because Proof of History no longer paces block production, tick entries leave the ledger and the Clock sysvar’s timestamp gets a new source. Geyser and gRPC consumers must also handle a new bank_id field, since a slot can now carry more than one candidate block.

Frequently Asked Questions When does the Solana Alpenglow upgrade go live? Alpenglow activates on mainnet in epoch 1064, which starts Wednesday, October 21, 2026, at approximately 15:00 UTC.

What is Votor? Votor is the first phase of Alpenglow. It replaces TowerBFT by having validators exchange votes directly with each other and aggregate them into certificates, finalizing blocks in one or two rounds instead of over 32 slots.

Do Solana users need to do anything? No. Signing, sending, and approving transactions do not change, and wallets and applications keep working as they do today. Only validator operators and infrastructure providers must update their software.

Why will Solana transaction counts drop after Alpenglow? Because vote transactions leave blocks entirely. Validator votes are no longer recorded as on-chain transactions, so any metric that counted them will show lower totals without reflecting less actual user activity.

Does Alpenglow change Solana fees or execution? No. The SVM, transaction formats, programs, and fee mechanics are untouched. Alpenglow changes only how validators agree on blocks and how finality is reported.

AUTHOR

Blockchain analyst specializing in the regulatory impact of government policies on the crypto industry. Known for his thorough research and clear, engaging writing, Emmanuel provides insightful analysis on the latest trends, market shifts, and emerging crypto innovations. His work aims to educate and inform both novice and experienced readers, offering expert perspectives on the fast-evolving world of digital assets. With a passion for staying ahead of the curve, Ogwu is a trusted voice in the cryptocurrency and blockchain space.

Internet Computer (ICP) has launched ckSOL, a token backed 1:1 by Solana's SOL, letting ICP DeFi apps hold SOL alongside Bitcoin and Ether without a bridge company.

Internet Computer (@dfinity) has launched ckSOL, its official token backed 1:1 by $SOL. The SOL sits in Solana addresses controlled by ICP's nodes, which sign together without any one holding the full key.

DeFi apps on ICP can now hold SOL next to $BTC, $ETH and $ICP. The launch completes Solana support, which first reached ICP developers in mid-2025.

How ckSOL worksckSOL is the chain-key token representing SOL on the Internet Computer. According to the ICP developer documentation, it is backed 1:1 by SOL held in a canister-controlled Solana address, in the same way as ckETH. A minter canister monitors Solana deposits and mints ckSOL tokens that follow the ICRC-1 and ICRC-2 standards. To withdraw, a user burns ckSOL, and the system signs a Solana transfer using chain-key Ed25519 signatures.

The signing is spread across the network. The same documentation says each canister can have its own Solana wallet address, with signing performed collectively by subnet nodes without reconstructing the private key.

Governance approval came first. Solana Compass reported that the ckSOL minter, ledger and index were installed by a vote of the Network Nervous System, ICP's on-chain governance system, on 12 October 2026. It added that SOL deposited with the minter stays in the minter's Solana addresses until it is withdrawn, so activity is visible on Solana. For holders, the outlet described ckSOL as a route into ICP DeFi apps as they add support, with a canister acting as custodian instead of a bridge company.

Building on mid-2025 Solana supportICP's Solana work began with reading and writing to the network. The Defiant published DFINITY's June 2025 announcement of the integration, which let ICP canister smart contracts interact with Bitcoin, Ethereum and Solana. At that stage there was no SOL-backed token. A DFINITY engineer said on the developer forum in 2025 that there was no plan at the time for a ckSOL, so dapps would need to handle that themselves.

ckSOL follows the pattern of ckBTC and ckETH. DFINITY's code repository describes it as modeled after ckETH, and notes that the minter remains under active development and subject to change.

The practical effect is that SOL can now be used inside ICP applications without a separate bridge operator. Whether developers adopt it will depend on how quickly DeFi apps on ICP add ckSOL support.

SourcesInternet Computer docs: Solana integration
Solana Compass: ckSOL goes live
The Defiant: DFINITY announces Solana integration

Samsung is putting a stablecoin in the same app where people keep their boarding passes. On October 7, 2026, Samsung Electronics said its Wallet and Pay apps will support USDC transfers on the Solana blockchain for eligible US users.

The rollout is scheduled for the last week of October. It covers 82 million compatible Galaxy devices.

How the Samsung Wallet USDC feature works
USDC is a stablecoin, a digital token designed to track the US dollar one for one.

Inside Samsung Wallet, eligible users will be able to send USDC to external wallets that accept it. They can also convert it into local currency and deposit it into bank accounts in more than 60 countries.

Samsung says it will not charge a fee for sending USDC to external wallets. That is not the same as free, though. Network fees or fees on the recipient’s side may still apply.

Access comes with guardrails. The service is limited to US residents who are 18 or older. Users must pass identity verification and confirm transactions with biometric authentication.

The feature requires a compatible device running Android 13 or later.

The partners behind the curtain
Samsung is not building the plumbing alone. Solana provides the blockchain infrastructure that moves the tokens, while Bastion supplies a licensed stablecoin framework for the payment service.

Coinbase serves as sub-custodian of the USDC. A custodian is the party that actually holds the assets, so Coinbase handles safekeeping while Samsung owns the front end.

Sui is also listed as a supporting blockchain partner. Solana, however, is the chain named for the USDC transfers at launch.

Solana’s stablecoin numbers
The deal lands as Solana’s stablecoin business has been expanding. Stablecoin supply on the network grew by nearly 20% year over year.

Solana processed more than $5.25 trillion in stablecoin transaction volume in 2026. Its stablecoin supply also hit a record $17.51 billion in September 2026.

The announcement did not come out of nowhere. In July 2026, Samsung teased that stablecoin features were coming but did not reveal which blockchain or which issuer it would use.

That left about three months of speculation. The October reveal answered both questions: USDC as the stablecoin and Solana as the rails.

The news has also fed bullish commentary. A Motley Fool contributor pointed to the integration in a piece titled “Here’s Why I’m Buying Solana Right Now.”

What this means for Solana, USDC, and payments
The most important number here is 82 million. Crypto companies have spent years trying to coax consumers into downloading new apps and opening new accounts. Samsung is skipping that step by putting stablecoin transfers into software already installed on its phones.

Cross-border transfers look like the clearest use case. The ability to cash out into local bank accounts in more than 60 countries targets that pain point directly.

The service is US-only at launch, and expansion to other markets depends on local regulations.

The eligibility rules will also narrow the audience. Not all 82 million device owners will be adults who pass identity checks, run Android 13 or later, and actually want to send stablecoins.

Samsung waiving its own charge is helpful, but users may still see network or recipient-side costs.

Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.

Hong Kong-listed large language model stocks declined, with Zhipu AI and MINIMAX both falling more than 10%.

According to Bitget market data, Hong Kong-listed large model stocks declined, with Zhipu (02513.HK) and MINIMAX-W (00100.HK) both falling by over 10%.

5 minutes ago

DeepSeek Resumes Services After 5-Hour Outage

DeepSeek suffered another service outage today. Its official status page indicates the outage began at 08:11, impacting web-based chat services, the V4 Pro and V4.1 Flash APIs. As of press time, DeepSeek has resumed normal operations, with the total downtime lasting 5 hours.

5 minutes ago

Yesterday, the U.S. Bitcoin spot ETFs saw a net outflow of $261 million, while Ethereum ETFs recorded a net outflow of $129.5 million.

According to data from Farside, U.S. spot Bitcoin ETFs recorded a net outflow of $261 million yesterday. Of this total, BlackRock’s IBIT saw a net outflow of $110 million, while Fidelity’s FBTC posted a net outflow of $152.7 million. Additionally, U.S. spot Ethereum ETFs had a net outflow of $129.5 million yesterday, with BlackRock’s ETHA registering a net outflow of $110 million.

5 minutes ago

Bitget launches stock contracts for Fast Retailing (迅销集团)

According to official announcements, Bitget has launched the FASTRETAILING (Xunxiao Group) stock perpetual contract. The contract is settled in USDT, supports up to 20x leverage and 7×24 trading. As of now, Bitget has a total of 356 stock contract underlyings available.

5 minutes ago

ByteDance is in talks to acquire MediaTek's AI chips, while Qualcomm has previously secured orders for millions of such chips.

Insight: Beating AI Newsflash – ByteDance is in advanced negotiations with MediaTek to source custom ASIC chips for its data centers. Bloomberg reported on October 15, citing people familiar with the matter, that the two sides are close to a deal, though details including procurement volume, chip specifications, and delivery timeline remain undisclosed. If finalized, ByteDance would become MediaTek’s second major ASIC client after Google.
This is not ByteDance’s first foray into securing data center chips from mobile chipmakers: in May this year, Bloomberg revealed the company had reached an agreement with Qualcomm to source millions of ASICs for powering AI Agents, with Qualcomm set to help bring ByteDance’s self-developed chip designs to production. The latest engagement with MediaTek signals ByteDance is expanding its custom chip supply channels to alleviate computing power pressure stemming from U.S. export restrictions and domestic chip capacity shortages.
MediaTek, which previously focused primarily on its mobile processor business, has now entered Google’s TPU supply chain and begun competing with players like Broadcom and Qualcomm for data center orders. The firm projects its data center AI chip revenue will exceed $2 billion this year. In August, Nvidia also subscribed to $3.5 billion in MediaTek’s convertible bonds and announced a partnership to develop custom AI infrastructure.
While such ASICs can optimize performance, power efficiency, and cost for specific tasks, it remains unconfirmed whether the chips ByteDance is negotiating to purchase will be used for model training or inference.

5 minutes ago

Arthur Hayes: If an AI trading crash ultimately triggers a trillion-dollar market rescue, it will be favorable for Bitcoin's bull run.

Arthur Hayes posted on social media that if AI trading eventually crashes, it could trigger a trillion-dollar-scale market bailout, a scenario that would drive up Bitcoin and Ethereum’s prices. “Will AI eventually crash? I don’t know, and I won’t bet on either side. Instead, just trade for that upcoming trillion-dollar-scale market bailout: go long on BTC and ETH.”

5 minutes ago

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.

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MAJURO, Marshall Islands, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Remittix has invited 1,000 RTX holders to test PayFi, placing its flagship crypto-to-bank payment platform in the hands of real users ahead of the scheduled November 24, 2026 token launch.

Invited participants can test EUR and USD routes while Remittix prepares more currencies, assets and networks. The rollout gives holders direct experience with the technology behind its push into the trillion-dollar global remittance market.

The update arrives as an ambitious Bitcoin price prediction points toward $200,000 and Solana prepares to activate Alpenglow on October 21. With institutional Bitcoin demand growing and Solana targeting near-instant finality, crypto news is again focusing on platforms capable of turning blockchain technology into everyday financial activity.

Remittix PayFi Moves Into Real-User Testing

Remittix PayFi is designed to let supported cryptocurrency fund a transfer that delivers fiat through a compatible bank account. This removes the need for recipients to handle tokens, use an exchange or navigate a separate off-ramp.

The testing environment supports crypto-to-fiat and fiat-to-crypto activity using EUR and USD. USDT and USDC are available across Ethereum, Celo, Base and Polygon, with further assets and payment routes planned as the platform approaches wider release.

This structure targets international remittances, contractor payments, overseas suppliers and crypto holders seeking a simpler route into traditional banking.

A Connected Ecosystem Expands the RTX Opportunity

PayFi remains the primary Remittix proposition, but the wider ecosystem creates more ways to retain users. The iOS wallet has passed 10,000 downloads, while the Android edition awaits approval. A planned rebuild will unite PayFi, trading and earning features.

Remittix Markets offers hundreds of perpetual pairs, serves thousands of traders and has processed more than $50 million in volume. Remittix Earn is also approaching release with advertised yields of up to 22% APY on eligible crypto and stablecoin holdings.

Together, these products can move users between payments, trading and earning opportunities inside one RTX-centered economy.

Bitcoin Price Prediction Eyes $200,000 as Solana Targets $500

The $200,000 Bitcoin price prediction gained fresh momentum after Strive disclosed a 3,311 BTC purchase worth approximately $280 million. The acquisition reinforces the institutional scarcity argument behind bullish Bitcoin forecasts.

Solana has scheduled its Alpenglow mainnet activation for October 21. The new consensus system targets finality of roughly 150 milliseconds, down from approximately 12.8 seconds. A bullish Solana price prediction of $500 would value that speed improvement as a major advantage for trading, payments and consumer applications.

The RTX Pre-Launch Window Continues to Narrow

Remittix has raised more than $32 million from over 40,000 participants toward its $36 million hard cap. RTX is currently available at $0.28, while $0.46 is the announced final presale price and planned minimum exchange launch price.

With PayFi being tested, Markets already live and November 24 fixed for the RTX launch, Remittix enters its final presale stretch with working products behind its PayFi narrative. For buyers comparing the best crypto presale opportunities before public trading, the combination of payments utility and a connected ecosystem gives RTX several potential demand channels from day one.

About Remittix

Remittix is developing a connected PayFi ecosystem for crypto-to-bank and bank-to-crypto transactions. Its products include international payment settlement, a mobile wallet, Remittix Markets and the forthcoming Remittix Earn service.

Website: https://remittix.io

X: https://x.com/remittix

Media Contact

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Solana's Alpenglow Goes Live Next Week: How Will SOL Price React?

Internet Computer (ICP) averaged about 1,816 transactions per second over the past week, narrowing the gap with Solana (SOL), which still leads at 1,896 tx/s, per Chainspect data.

Internet Computer is closing in on Solana in real-world throughput. Over the past week, @dfinity's network averaged about 1,816 transactions per second (tx/s), according to @chainspect_app data.

@Solana still leads the metric at 1,896 tx/s. However, $SOL's figure has fallen by nearly 1% over the period, while the throughput of $ICP, the native token of Internet Computer, has climbed by 6.33%. On those numbers, the gap between the two networks is now around 80 tx/s.

How the gap has narrowedThe latest reading is a notable shift from recent snapshots. In mid-September, Chainspect's weekly ranking put Solana at 1,710 tx/s and Internet Computer at 1,502 tx/s, a difference of 208 tx/s, Hokanews reported. In that ranking, BNB Chain was third at 213.7 tx/s, well behind both networks.

Rankings between the two chains have also swung with the measurement window. Chainspect figures cited by The Crypto Times showed Solana ahead on a one-hour basis in August, at 1,635 tx/s versus 1,309 tx/s for Internet Computer. By contrast, a May report from Bankless Times said Internet Computer averaged 2,554 tx/s over a week, against 1,153 tx/s for Solana. Short-term load can move these figures considerably.

Why the numbers differThe two networks are built differently. Internet Computer splits its workload across more than 49 independent subnets, each running its own consensus, which lets the chain scale horizontally rather than through a single execution layer, Bitget News reported citing Chainspect. Solana relies on a single high-speed chain.

Chainspect's cumulative data also shows Internet Computer ahead on lifetime transactions. As of 11 August, it recorded a total of more than 298 billion for Internet Computer, compared with 121 billion for Solana, according to The Crypto Times.

Throughput is only one measure of network health. Usage and token valuation have not moved in step: Startup Fortune noted that ICP traded near $2.11 even as Internet Computer's cumulative count passed 300 billion transactions. Whether Internet Computer can overtake Solana on weekly real TPS will depend on whether the recent trend holds.

SourcesChainspect: Solana vs ICP comparison

The Crypto Times: Internet Computer (ICP) tops blockchain transactions chart

Hokanews: Solana, Internet Computer lead crypto networks in real TPS

SkyAI slashes Solana holdings by 70%, signaling market sentiment shift

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Bastion Trading, a 9.99% shareholder of Solana treasury company SkyAI (Nasdaq: SKYA), is challenging the company’s $3.00-per-share tender offer and demanding disclosure of the roughly 70% of its Solana (SOL) holdings sold in under a month. In an October 14 letter, the activist investor asked SkyAI to raise the offer to at least $3.50 per share or eligible warrant, add independent directors to a special committee, and explain when, at what prices, and how the SOL sales were approved.

The letter lands three days after SkyAI announced the tender on October 11, a move that had already rejected a takeover bid from Forward Industries. Bastion argues the terms are unfair and that a board which lost stockholder support should not run the transaction.

Why Bastion Says the $3.00 Offer Is Too Low
Bastion pegs SkyAI’s net asset value at roughly $3.30 per share and wants the tender price lifted to at least $3.50. The estimate assumes SOL at $110 and counts SOL holdings plus cash, minus liabilities, divided by the fully diluted share count, according to the letter.

The investor also wants two conditions removed: a $100 SOL price condition that lets the company abandon the tender on short-term price moves, and a 50% minimum participation threshold for each security class. It separately objects to strategic advisor warrants held by Sol Markets, an entity controlled by James Zhang, the brother of SkyAI director and chief investment officer Alice Zhang, arguing those warrants should not be cashed out on the same footing as shares held by outside investors.

The 70% SOL Sell-Off at the Center of the Dispute
The sharper claim concerns disclosure. SkyAI’s tender announcement revealed it had sold about one million SOL, roughly half its treasury, but a Form 8-K filed October 13 showed only about 600,000 SOL remained. That implies roughly 70% of the treasury was sold in under a month, Bastion said, weeks after SkyAI reaffirmed its Solana digital asset treasury strategy on September 14 with more than two million SOL on hand.

Bastion contends stockholders were never told the dates of the sales, the realized prices, or how the disposals were approved, and that the sequence raises questions under securities laws and Nasdaq disclosure rules. SkyAI has not yet publicly answered the letter.

What the Numbers Leave Open
The fight is not one-sided. Bastion’s $3.30 NAV depends on a $110 SOL assumption; with SOL trading near $104.79 on October 14, the implied value would come in lower, though a precise recalculation needs SkyAI’s full balance sheet. The definitive tender offer documents had not been filed when the letter was issued, so the final price, funding, and conditions remain unpublished.

Bastion also leans on the annual-meeting vote it cites: all five incumbent directors received more withhold than for votes, in some cases nearly three to one. Whether that converts into a revised offer or a reconstituted board is now the open question.

What Happens Next
Bastion says it will not tender under the current terms and is “prepared to pursue all available legal remedies.” The next signals are SkyAI’s formal response, whether an independent special committee is formed, and the tender offer filing that will lock in the final terms. The dispute over SkyAI’s SOL treasury echoes a broader push by public companies to hold crypto on their balance sheets, including Forward Industries’ own $25 million Solana treasury build-up.

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.

Solana options traders had a busy week. Implied volatility on SOL contracts with 2 days left to expiry climbed by 18.3 points over the span of a single week.

What the options market is pricing Implied volatility, or IV, is the market’s guess at how wildly an asset will swing, backed out from what people are willing to pay for options.

Data from options analytics provider Derivasys shows how jumpy that pricing has been. On October 9, 2026, SOL’s one-week at-the-money IV dropped 8.58 points to 49.63%. A later October snapshot showed the same one-week measure rising 7.16 points to 54.04%.

Zooming out a bit, the 30-day at-the-money IV sat around 54.9% as of mid-October 2026. The front expiry, meanwhile, was pricing in IV near 66.6%.

When near-dated options cost more than longer-dated ones, the volatility curve is said to be inverted, which is options-speak for “the worry is immediate.”

Realized volatility is running hot too SOL’s realized volatility over the previous 30 days came in at 64.3% as of October 2026. Here, the actual swings over the past month have outpaced the 54.9% that 30-day options are implying. Only the front expiry, at roughly 66.6%, is pricing turbulence at or above what SOL has actually delivered.

A thinner market than Bitcoin or Ethereum SOL options open interest stood at approximately $117 million as of mid-October 2026. The research describes SOL’s open interest as relatively thin compared to larger players like Bitcoin and Ethereum.

The put/call ratio sits around 0.80. Max pain, the strike price at which the largest number of options would expire worthless, was hovering at $110.

The premium over Bitcoin Spreads between SOL and BTC one-week at-the-money IV have been observed in the range of 18 to 24 points. The Derivasys data also highlights that SOL’s short-dated IV is more reactive than both BTC and ETH.

Why a 2-day tenor matters A jump of 18.3 points at that tenor suggests demand for very short-term exposure picked up meaningfully. The research points to robust hedging demand alongside the potential for speculative activity as market sentiment shifts.

Short-dated options also feed back into spot markets. Dealers who sell those contracts often hedge by trading the underlying asset, which can amplify moves in either direction when expiry approaches.

What this means for traders With 30-day realized volatility at 64.3% and 30-day IV at 54.9%, traders selling longer-dated options are effectively betting SOL calms down.

Max pain at $110 gives expiry watchers a reference point showing where option sellers would collectively prefer SOL to settle when contracts roll off.

The put/call ratio near 0.80 shows calls still lead, yet the put side carries enough weight to signal that plenty of participants want a safety net in place.

The 18 to 24 point spread over Bitcoin is a measure of how much extra turbulence SOL carries compared to the market leader. According to the research, any significant price move could trigger amplified reactions in SOL’s options market, with knock-on effects for positioning across the broader crypto landscape.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.