Institutional appetite for crypto exchange-traded funds is widening well beyond Bitcoin, with capital flowing back into BTC funds and significant inflows continuing for both Ethereum and Solana ETF products.
Bitcoin ETF Inflows Rebound Amid Market CautionSpot Bitcoin ETFs in the United States attracted approximately $217 million in net inflows on August 31, reversing the prior session’s $202 million outflow, according to data compiled by Farside Investors and SoSoValue. BlackRock’s iShares Bitcoin Trust (IBIT) contributed $205.9 million of that day’s inflows, signaling ongoing interest from major institutions.
Last week, a streak of nine consecutive sessions brought nearly $3 billion into Bitcoin ETFs, marking one of the strongest periods of institutional demand for the asset so far in 2026. That buying run was briefly interrupted by Friday’s withdrawals, but Monday’s inflow pointed to continued resilience in BTC-focused products.
Despite these inflows, Bitcoin’s price traded between $78,000 and $79,000 Tuesday, remaining below the $80,000 mark after a brief breakout earlier in August. The combination of higher Treasury yields and market expectations for another Federal Reserve interest rate increase is adding pressure to risk assets, including digital currencies, as investors weigh broader macroeconomic risks.
Solana ETFs Reach $1 Billion MilestoneSolana is emerging as a clear indicator that institutional interest in regulated crypto funds is broadening. The Bitwise Solana Staking ETF (BSOL) reached $1 billion in assets under management on August 28—just ten months after its introduction—making it the first US-listed Solana ETF to cross this threshold.
This milestone comes as Solana’s native token, SOL, continues to trade well below its January 2025 all-time high. On Tuesday, SOL was near $102, roughly 65% under its peak, and saw a slight decrease over 24 hours. Despite this, institutional allocations have grown steadily, with BSOL accumulating over $1 billion from a total of $1.30 billion net flows into US Solana ETFs by August 28, based on Farside data. Other issuers such as Fidelity and Grayscale have seen smaller but notable inflows.
Mini dictionary: Bitwise Asset Management is a US-based investment firm specializing in cryptocurrency index and strategy funds. The Bitwise Solana Staking ETF gives institutional investors exposure to SOL and its staking rewards via a regulated vehicle, helping to broaden access to Solana’s blockchain ecosystem.
ETFAssets Under ManagementNet Flows (Cumulative)Token PriceBSOL (Solana)$1 billion$1.0+ billion$102US Solana ETFs (Total)–$1.3 billion$102Spot Bitcoin ETFs–$3 billion (9-day streak)$78,000-$79,000Institutional allocations to Solana ETFs are reaching new highs, with the Bitwise Solana Staking ETF surpassing $1 billion in under a year—even while SOL trades far below its previous peak.
Ethereum ETF Inflows Continue UnabatedEthereum has also experienced a strong wave of institutional support. Spot Ether ETFs in the US received nearly $88 million in net inflows on Monday, representing the eleventh consecutive day of positive flows, according to SoSoValue. The recent run has now attracted about $1.6 billion, marking the longest stretch of inflows since Ether ETFs posted a 20-day streak that ended in July 2025.
Coinpaper reported that strong inflows for Bitcoin and Ethereum ETFs often align during periods of market optimism for BTC, but Solana’s recent progress indicates a new phase where multiple alternative assets capture sustained attention from institutional investors.
The latest inflows for US spot Ether ETFs push the consecutive streak to 11 days with $1.6 billion raised, signaling persistent demand beyond Bitcoin.
While Bitcoin continues to dominate the institutional landscape, these developments highlight that investor interest in regulated crypto investment vehicles is no longer limited to BTC.
If the current trends persist, September could serve as a pivotal period to assess whether ETF-driven demand remains tied to Bitcoin price movements or signals a broader reshaping of capital flows across the digital asset market.
Traditional commodity markets close. Gold doesn’t care. Neither does oil. Yet for decades, traders have been locked out of positions during evenings, weekends, and holidays while prices kept moving without them.
GMTrade, the Solana-native perpetuals exchange that has quietly become one of the chain’s largest trading venues, just removed that constraint entirely. The platform launched 24/7 perpetual futures trading for commodities including gold (XUG), silver (XAG), and WTI crude oil, powered by Chainlink Data Streams for real-time pricing.
From GMX fork to Solana heavyweight GMTrade’s backstory matters for understanding why this launch is significant. The platform started life as a GMX DAO-authorized deployment on Solana back in March 2025, rebranding to GMTrade in November 2025 while maintaining the underlying GMX V2 mechanics tailored for Solana’s efficient parallel execution.
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Since then, the growth trajectory has been steep. GMTrade has facilitated over $142B in total trading volume. At its peak in May 2026, the platform recorded $51.73B in 30-day trading volume, representing approximately 74% of all perpetual DEX volume on Solana during the same period.
The platform currently supports more than 60 markets with leverage options stretching up to 500x.
Why Chainlink Data Streams matter here Running perpetual futures for crypto assets is one thing. The prices originate on-chain, the reference data is abundant, and latency tolerance is relatively forgiving. Commodities are a different beast.
Gold, silver, and oil prices are determined across dozens of global exchanges, OTC desks, and physical markets that operate on different schedules and in different time zones. To offer 24/7 trading on these assets, you need a pricing oracle that can deliver high-integrity, low-latency data even when the underlying spot markets are closed or thinly traded.
That’s where Chainlink Data Streams come in. Rather than relying on periodic price updates pushed on-chain, Data Streams provide pull-based oracle infrastructure. The exchange requests fresh price data exactly when it’s needed, at the moment a trade executes. This reduces the window for stale pricing and front-running, two problems that have historically plagued on-chain derivatives platforms.
The bigger picture: real-world assets meet DeFi leverage These aren’t tokenized commodities in the traditional sense. These are synthetic perpetual contracts, financial instruments that track the price of an underlying asset without requiring ownership of it.
GMTrade operates without a dedicated governance or utility token. Instead, the platform uses a GT points system to reward active traders.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana (SOL) has registered its first positive monthly close since September 2025, ending a prolonged stretch of declining months and signaling a potential shift in market momentum. The latest monthly candle settled near $103, as observed on TradingView, after a lengthy downtrend that drove SOL from highs above $250 in late 2025 to a cycle low around $60.
August surge sees whale returnDuring August, SOL delivered a strong performance with a gain of approximately 40–50%, allowing the token to reclaim the key $100 level. Blockchain analytics platform Lookonchain reported that a long-dormant Solana whale, previously inactive for eight months, returned to the market. The whale wallet address, identified as 6ESYXA, executed a purchase totaling 76,856 SOL from Hyperliquid, with the transaction valued at about $8 million.
This accumulation adds to a wave of large-scale SOL transactions in recent weeks. Though the whale’s intentions remain unclear, their renewed activity is seen as a possible indicator of renewed institutional or deep-pocketed investor interest.
Lookonchain highlighted ongoing speculation regarding whether the whale will hold onto this position or pursue further trading strategies. The activity has generated considerable attention across the crypto community.
Short-term volatility and derivatives focusSOL is currently trading near $102.47 after falling 1.28% in the past 24 hours. The token recently passed the $100 mark but has since pulled back, underscoring the volatile conditions that have characterized early September trading. On August 31, SOL gained 1.15% following a sharper 3.54% drop the previous day, reflecting significant swings in price action.
Despite the dip, traders have continued to favor derivatives, with futures volume around $7.82 billion in the last 24 hours, compared with $738.76 million in spot volume. Open interest stands at roughly $6.64 billion, indicating high levels of speculative activity and heightened risk of sharper moves if leveraged positions unwind.
At the same time, SOL’s market capitalization hovers near $59.82 billion, buoyed by the strong rebound this August. However, the asset’s inability to sustain a decisive move higher despite surpassing its August lows suggests persistent uncertainty among market participants.
Shifting market structures and Web3 integrationAs technical patterns and whale moves continue to influence short-term sentiment in Solana, a broader structural change is underway in capital markets. While traditional finance depends on elaborate broker networks, Wall Street’s transition to Web3 is accelerating. Investors can now use platforms such as 1stepSwap to hold shares of major US companies, gold, and silver within their crypto wallets. This process tokenizes real-world assets and automatically sources the best market prices in seconds, removing intermediaries from the transaction.
Such developments highlight the intersection of crypto-native trading approaches with the ongoing digitization of traditional assets, further linking market structure changes to sentiment around tokens like SOL.
Solana just had its busiest month ever. The network processed 5.2 billion non-vote transactions in August, a figure that would have seemed wildly optimistic at the start of the year and now just looks like Tuesday.
Non-vote transactions are the ones that actually matter for measuring real usage. Validator votes, which keep the network in consensus, get stripped out of this count. What remains is a direct read on how many users, apps, and protocols are actively doing things on the chain.
What drove the numbers The catalyst was the SIMD-0286 upgrade, activated on July 29. It raised the maximum compute limit per block from 60 million to 100 million compute units, a 66% increase, without adding any time to block production.
The practical effect showed up immediately. Daily non-vote transactions peaked at 171.9 million on August 10, pushing throughput close to 2,000 transactions per second. The week of August 17-23 alone accounted for 1.318 billion non-vote transactions, the fourth consecutive week above the 1 billion mark.
For context, July finished with 4.2 billion non-vote transactions, itself up 91% from December 2025.
The network also activated 300-millisecond slot times in epoch 1024 on August 28, compressing the time between blocks and opening the door to even higher throughput ceilings.
DeFi activity contributed meaningfully, with daily volume frequently running between $4 billion and $8 billion. Memecoins and tokenized real-world assets added further transaction density.
Institutions are paying attention US spot Solana ETFs pulled in $1.34 billion in August alone.
SOL’s price climbed 46% during the month, its first positive monthly return in ten months.
Fee revenue also moved. The seven-day average reached approximately 9,200 SOL by late August, an 80% increase over three months.
On the governance side, the SGP-0002 proposal passed on August 28 with over 67% support. The measure reduces the SOL supply by 18.9 million tokens over six years by redirecting a portion of inflation.
What this means for Solana’s competitive position Solana has spent the better part of two years working to outlive the narrative that it is unreliable. Outages in 2021 and 2022 gave critics a durable talking point, and the FTX collapse in late 2022 added association risk that had nothing to do with the protocol itself.
The SIMD-0286 upgrade and the slot time compression suggest the network is now competing on architectural sophistication, not just speed and price. Higher compute limits per block allow more complex transactions, which is the territory where serious DeFi protocols and institutional applications live.
The risks are real and worth naming. Transaction volume driven partly by speculative assets is not the same as transaction volume driven by settled, productive economic activity. If memecoin trading volumes contract, the raw numbers will follow. And any network outage, however brief, would hand critics exactly the narrative they have been waiting to revive.
Fee revenue growth and sustained ETF inflows will be the metrics to watch in September. If non-vote transactions hold above 4 billion for a third consecutive month and fees continue trending upward, the August record starts to look less like a spike and more like a new baseline.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Eligible investors can now borrow USDG against a fund holding high-yield corporate bonds and CLO tranches, collateral whose value moves daily with credit spreads.
Securitize's tokenized high-yield credit fund is live as collateral on Loopscale, letting eligible investors borrow the USDG stablecoin against their shares without redeeming the position.
That puts sub-investment-grade corporate credit into an onchain lending market whose collateral has been almost entirely Treasuries, government money-market funds and investment-grade paper. The fund's net asset value moves with credit spreads and rating migrations, which means Loopscale is underwriting a mark that can fall — on an asset only allowlisted wallets are permitted to hold.
The Neuberger Securitize High Income Tokenized Fund, ticker HINC, launched Aug. 18 on Avalanche, Ethereum, Solana and Sui. It holds mostly high-yield corporate bonds, with the balance in CLO tranches, bank loans and other high-yielding fixed income; the CLO sleeve can run anywhere from zero to 30% of the portfolio. Neuberger Berman Investment Advisers is sub-adviser, and the firm managed $613 billion as of June 30. Minimum subscription is $100,000, the total expense ratio is 0.60% a year, and shares go only to accredited investors and qualified purchasers who clear Securitize's onboarding.
"Treasuries were a natural starting point for bringing traditional assets into DeFi, but they shouldn't be the endpoint," said Carlos Domingo, co-founder and CEO of Securitize. "HINC expands the opportunity into institutional credit."
Third Asset on LoopscaleHINC is the third Securitize product to reach the protocol. Apollo's tokenized credit fund ACRED has been usable as collateral there since late 2025, with USDG subscriptions added in January, and Securitize's own NYSE-listed stock SECZ went live as collateral on Aug. 20.
Loopscale holds $91.3 million in total value locked and $55.9 million in active loans, up 7.1% over 30 days and ranked 27th among lending protocols by DefiLlama. On Solana it sits an order of magnitude behind Kamino Lend at $1.25 billion and Jupiter Lend at $1.07 billion. It was exploited for $5.8 million in April 2025, two weeks after its own launch, and got the funds back after agreeing a bounty with the attacker.
Its markets are fixed-rate and fixed-term, with the borrower setting collateral, rate, loan-to-value and duration. Liquidations are partial: the protocol sells enough of a position to bring the loan back to health and leaves the rest.
"HINC adds a fundamentally different type of collateral to Solana credit markets," said Mary Gooneratne, co-founder of Loopscale. "Supporting an actively managed high-yield strategy demonstrates how onchain lending can extend beyond crypto-native assets and short-duration instruments."
Daily NAV, One SourceRedStone prices HINC on Solana, Ethereum and Avalanche using its Trusted Single Source Oracle standard, which takes the administrator's daily NAV and publishes it onchain in signed, timestamped, chained form so a protocol can verify the figure came from the administrator unaltered. Loopscale uses that feed to value the collateral and trigger clearing events.
"Bringing more complex financial assets into onchain lending markets requires dependable valuation infrastructure," said Marcin Kaźmierczak, co-founder and COO of RedStone.
The design question a NAV-priced credit fund poses is the opposite of the one crypto collateral poses. There is no intraday gap risk, because NAV is struck once each business day. What the market needs instead is a guarantee that a position can be unwound within a bounded number of business days at or near the published mark.
USDG's Solana FloatThe borrowable side is USDG, issued by Paxos Digital Singapore under Monetary Authority of Singapore regulation and distributed through the Global Dollar Network. Supply stands at $3.26 billion, of which $610.7 million sits on Solana, down 6.1% over the past month. Securitize, a member of the network, has enabled on- and off-ramping between HINC and USDG.
"Stablecoins provide an important liquidity layer for tokenized real world assets," said Peter Jonas, chief revenue officer at Paxos.
Treasuries Sit IdleSecuritize's argument that tokenized assets are barely used as DeFi collateral holds up, with a wrinkle. Tokenized real-world assets excluding stablecoins carry about $34.1 billion in onchain market value across 217 issuers, and $3.8 billion of that is active in DeFi, according to DefiLlama, or roughly 11%.
The idle share sits overwhelmingly in the Treasury products. BlackRock's BUIDL, the largest tokenized money-market fund at $2.79 billion, has $17.7 million deployed in DeFi, a utilization rate of 0.63%. Franklin Templeton's BENJI and iBENJI show zero. Credit is where the collateral demand already is: Centrifuge's Janus Henderson Anemoy AAA CLO Fund, the tokenized CLO strategy Resolv looped on Aave Horizon in February, runs at 97.8% utilization, Maple's syrupUSDT at 88.3% and Hastra's PRIME at 62.7%.
The March 2020 NumberSecuritize published HINC's risk figures itself, in a governance filing submitted to Aave on Aug. 18. Using an illustrative index blend of 70% ICE BofA US High Yield Constrained and 30% J.P. Morgan CLOIE Post-BB run from July 2016 to July 2026, the strategy returned 7.21% annualized, lost 18.25% in its worst month of March 2020, and fell 8.97% in calendar 2022 with a 13.20% drawdown inside that year. An instantaneous 200 basis-point widening in spreads takes roughly 7% to 9% off NAV; 400 basis points takes 14% to 18%.
The strategy is short interest-rate duration but carries three-and-a-half to four-and-a-half years of spread duration. "This is not a low-volatility asset," Securitize wrote, and the March 2020 figure "should be treated as the governing stress case."
The fund has no operating history. Investors face a 24-hour lock-up and daily redemption requests against a portfolio that can take days to sell, and Securitize said plainly that "the 24-hour lock-up does not reflect practical liquidity." The CLO sleeve carries structural leverage of roughly six to eight times at the BB level.
Still Pending at AaveThat filing asked Aave Horizon to accept HINC on Ethereum as supply-only collateral, with USDC, GHO and RLUSD borrowable against it. Two weeks on, it had not reached a Snapshot vote or drawn a published risk assessment. It still needs a technical assessment, a LlamaRisk review, evidence that liquidators have been onboarded, a vote and a final Aave Improvement Proposal.
A forum comment posted Aug. 30 questioned whether the proposed liquidation backstop of 3% to 5% of borrowed TVL covers a four-business-day stress window, flagged inconsistent naming of the oracle provider, and pressed on who compensates stablecoin suppliers when a legally frozen position cannot be liquidated but keeps accruing debt.
On the oracle point, Securitize's Aave filing names a Chainlink NAV feed wrapped in LlamaGuard dynamic bounds as the primary source for Ethereum, while listing RedStone among external dependencies. Loopscale's markets are configured per collateral without a token-holder vote, which is why the Solana venue is live first.
The $270 Billion CaseSecuritize's announcement leans on a Standard Chartered projection that assets deployed in DeFi reach $2.7 trillion by 2030, and reasons that tokenized assets at 10% of that market would put roughly $270 billion to work onchain. The arithmetic is the company's own, and Securitize disclosed in the Aave filing that it is the tokenization platform, transfer agent and investment adviser for HINC with "a direct commercial interest" in the listing.
What the Loopscale launch tests first is smaller and more concrete: whether a lending market can hold collateral that only allowlisted wallets can touch, liquidate it inside a T+1 redemption window, and price a mark that moves on credit spreads no borrower can see coming.
Key Highlights SOL experienced an 8.31% decline from $110.50 to approximately $100.40 starting August 26 52 additional whale wallets emerged in the last week, each holding 10,000+ SOL Spot Solana ETFs in the United States recorded seven consecutive weeks of capital inflows, adding 1.2 million SOL (~$120M) in the most recent week SOL balances on centralized exchanges decreased by 4.91%, indicating a shift toward long-term holding strategies The Double Disinflation governance proposal succeeded, increasing the yearly disinflation rate from 15% to 30% Solana has experienced a significant pullback in recent trading sessions, yet beneath the price action lies a compelling narrative of network strength and institutional confidence. Multiple on-chain metrics reveal increasing adoption, sustained institutional investment, and a blockchain operating at unprecedented capacity.
Solana (SOL) Price Beginning August 26, SOL declined 8.31%, sliding from $110.50 down to approximately $100.40, as reported by crypto analyst Ali Charts.
Even as prices retreated, Solana’s blockchain has generated an average of approximately 9.5 million new wallet addresses daily throughout the previous week. This expansion rate indicates that new participants continue joining the ecosystem rather than exiting during the downturn.
2/7 While $SOL has pulled back 8.31% from $110.50 to $100.40 since August 26, network growth remains strong.
Over the past week, Solana has averaged 9.5 million new addresses per day. Sustained network expansion is a key measure of adoption and has historically preceded major… pic.twitter.com/XemL1eS5OK
— Ali Charts (@alicharts) August 31, 2026
Large holder activity has intensified noticeably. Wallets containing 10,000 SOL or more increased by 1.58%, representing the addition of 52 new whale-tier addresses in just seven days. When substantial holders accumulate positions, it typically reduces the circulating supply available for active trading.
Institutional Investment Maintains Momentum Institutional participation has demonstrated remarkable consistency. Spot Solana exchange-traded funds in the United States have experienced positive inflows for seven straight weeks. During the latest seven-day period, more than 1.2 million SOL entered these investment vehicles, representing approximately $120 million in value.
🐋 WHALE WATCH :$88.1M in $SOL ETF exposure.
Goldman Sachs is officially the largest known institutional holder of spot Solana ETF according to new 13F filings.
Smart money isn't ignoring the fastest chain in crypto anymore. The TradFi bid is real and its expanding beyond… pic.twitter.com/48NW2P7xwv
— Whale Factor (@WhaleFactor) August 28, 2026
Concurrently, the volume of SOL held on cryptocurrency exchanges contracted by 4.91%. Approximately 2.6 million SOL tokens exited exchange platforms throughout the past week, suggesting investors are transferring assets to self-custody solutions or preparing for extended holding periods.
Cryptocurrency analyst CryptosBatman shared on X that SOL has successfully broken free from a significant accumulation pattern, identifying the $83–$85 range as a critical support zone for retesting. According to his analysis, maintaining support in this region could propel SOL toward $150 and potentially higher.
From a technical perspective, $103 represents the crucial support threshold. Approximately 39 million SOL was acquired near this price point, establishing it as a robust zone where buying pressure is expected to materialize.
Should SOL defend the $103 level and gain upward momentum, resistance zones exist around $123 and $132, where roughly 20 million SOL changed hands previously. A decisive breakthrough above both levels could clear the pathway toward $150.
Network Fee Revenue Reaches New Peaks On the blockchain infrastructure front, Solana’s fee generation climbed to a seven-day average of nearly 9,200 SOL on August 27, representing an increase exceeding 80% compared to three months prior.
Non-vote transactions achieved a record 191 million on a seven-day measurement, up from merely 88 million during the same period last year. Jito validator tips averaged 2,073 SOL daily last week, marking a 26% week-over-week increase.
A significant governance decision was finalized on Friday. The Double Disinflation proposal, designated SGP-0002, passed with 67.001% community approval. This measure doubles the annual disinflation rate from 15% to 30%, eliminating approximately 18.9 million SOL from projected supply calculations over a six-year timeline.
Staking rewards are projected to decline from approximately 5.25% to 2.25% by the third year. Smaller validators dependent on inflation-based revenue may face profitability challenges, though typical users should experience no perceptible impact on network performance or transaction costs.
Non-vote transaction volume on Solana currently stands at an all-time peak of 191 million measured on a seven-day rolling average.
Pump. fun (PUMP) token stole the limelight in August, outshining several more established and higher-valued coins.
PUMP is PUMPingThe official utility coin of the Solana (CRYPTO: SOL)-based meme coin launchpad nearly doubled in value over the last month. Along the way, it clawed its way back to a $1 billion market capitalization.
In fact, PUMP was the second-best performer in August among coins with at least $1 billion in market value.
A Financial Times report revealed that Pump.fun was among the cryptocurrency projects that spent large amounts buying back their own tokens in 2026.
Token buybacks usually shrink circulating supply, creating deflationary pressure.
This move, combined with a broader rotation into launchpad and memecoin infrastructure tokens, potentially acted as a bullish catalyst.
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PUMP Leaves Bitcoin, Ethereum in the DustPUMP was launched in July of last year and quickly jumped to an all-time high of $0.01214. Since then, the token has plummeted 63%.
Pump.fun was at the heart of the Solana meme coin mania in 2024, spawning several coins like PNUT, Fartcoin (FARTCOIN), and MooDeng (MOODENG).
PUMP’s advance overshadowed market heavyweights, including Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which gained only 31% and 28%, respectively, over the last month.
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How big is the tokenization market? Well, it’s big enough that the grand machinery of capital markets is now flooding in. Some of the key stats from 2026 show the shocking scale of growth in tokenized assets.
Tokenized RWAs reached $37.29 billion on public blockchains as of August 3, excluding stablecoins. Treasury and money-market products accounted for $16.16 billion, roughly 43% of the total. Commodities stood at $4.60 billion, while equities and ETFs reached $2.16 billion. Types of Tokenized Real-World Assets By Category. Source: On-Chain Finance What’s more, US regulators are beginning to draw firmer lines. In January, SEC staff divided tokenized securities into issuer-sponsored products and third-party-created versions.
An issuer can integrate distributed-ledger technology into its “master securityholder file,” allowing an on-chain transfer to move the security on the official register, while third-party structures can leave legal ownership recorded elsewhere and give the token holder a separate entitlement.
BeInCrypto spoke to Eva Meng, Head of Matrixdock, Myles Harrison, Chief Product Officer at AMINA Bank, Billy Miller, COO of Securitize, and Roshan Robert, CEO of OKX US, about tokenization’s real battleground.
Ownership Begins with Settlement Eva Meng, Head of Matrixdock, places settlement at the center of the ownership question.
“An on-chain ledger can accurately record token ownership without establishing whether the underlying asset is available for settlement. The real test comes when the claim is exercised: can recorded ownership actually be carried through to settlement?”
Matrixdock’s tokenized gold (XAUm) asset shows how such rights pass from an onchain balance into physical delivery.
In April 2025, a holder burned 32.148 XAUm and received a one-kilogram LBMA gold bar within T+3 of the redemption request, linking the token burn to a corresponding release from custody.
How a Holder Received a Physical Gold Bar for Burning His Tokenized Gold Coins. Source: Matrixdock The stakes rise as tokenization reaches securities, where ownership determines access to dividends, voting rights and corporate actions.
Myles Harrison, Chief Product Officer at AMINA Bank, argues institutional investors tend to begin from those legal and economic rights rather than from blockchain selection.
“The token isn’t the asset. It’s a representation of a claim, and that claim only means something if a regulated institution stands behind it and is legally obliged to honor it. When I speak to institutional clients, their questions are never about which chain an asset sits on. They want to know who owes them what, under which law, and what happens if something goes wrong. Those answers live in the record of ownership, not in the token itself.”
Securitize COO Billy Miller draws a similar line between tokens created around securities held elsewhere and issuer-sponsored tokens incorporated into the ownership record itself.
“In an issuer-sponsored model, the issuer authorizes tokenization with the token representing the actual security and ownership, akin to how book-entry is a digital representation of shares held at the transfer agent.”
Securitize put the model into use when its common stock began trading on the NYSE under SECZ on July 2. Eligible US investors are also able to access tokenized SECZ through Securitize.
The tokens launched on Avalanche and Solana while representing the same common stock trading on the NYSE, giving one security both conventional and on-chain forms of ownership.
Securitize is now officially a public company, listed on the @NYSE under the ticker SECZ.
Our focus is unchanged: building the regulated infrastructure for the next generation of capital markets.
To everyone who helped us get here, thank you.
Tokenize the World. pic.twitter.com/XVhjA5udA9
— Securitize (@Securitize) July 2, 2026 💡 Did you know? Robinhood’s 2025 “SpaceX stock tokens” gave investors derivative exposure rather than direct ownership of SpaceX shares. The controversy exposed a central risk in tokenization: owning a token does not necessarily put the holder on the company’s share register or grant the rights attached to the underlying equity.
Transfer Agents Transfer agents have long maintained security-holder records, processed changes in ownership, and administered distributions. With tokenized securities, recordkeeping becomes more closely tied to the trade because an on-chain transfer can feed into the official register, making the quality and speed of recordkeeping part of the trading experience itself.
Traditional exchanges are already building around this role.
In March, the NYSE named Securitize as the first digital transfer agent eligible to mint blockchain-native securities for corporate and ETF issuers on its planned digital trading platform, while the two companies also agreed to work on standards covering digital transfer agents and tokenization agents.
Roshan Robert, CEO of OKX US, sees the transfer agent and blockchain as complementary components.
“Tokenization works best when the asset is tied directly to the official ownership record. A digital transfer agent maintains that record and manages transfers, distributions and corporate actions. Blockchain infrastructure provides the speed, transparency and global reach that make these assets more useful. Strong tokenized markets need both trusted ownership records and high-performance blockchain infrastructure. Together, they can allow tokenized assets to move securely and, ultimately, trade around the clock.”
The institutional footprint around regulated tokenization is growing alongside those market plans. Securitize reported $3.4 billion in assets under management at the end of March 2026 and $1.9 billion of aggregate transaction volume during the first quarter, figures published shortly before its July NYSE listing.
Around-the-Clock Trading Reaches the Old Market Clock The NYSE is developing a regulated digital venue designed for 24/7 tokenized securities trading, instant settlement and stablecoin-based funding, pairing its Pillar matching engine with blockchain-based post-trade systems.
Harrison sees the difficult work arriving beyond the trading venue, where counterparties, compliance teams and settlement systems still operate according to schedules refined over decades.
“At AMINA Bank, we settle 24/7, 365. We’re always online. But try clearing something on a Saturday evening through a traditional institution; it just doesn’t happen. And that’s not a technology problem. The entire financial system – from the processes and the staffing models to the compliance infrastructure – was built around market opening hours and optimized over decades. Unwinding is like turning an oil tanker. It will happen, but anyone telling you it’s 12 months away is underestimating the challenge.”
Meng sees the same tension in gold, an asset whose price can respond to geopolitical events and macroeconomic releases while key elements of the conventional market remain bound to established operating hours.
“The challenge is that only part of the stack is always on. Secondary trading and transfers can continue on-chain, while underlying markets, banking, custody, hedging, and primary-market activity still follow traditional operating hours.”
Tokenized gold can therefore continue forming a price while conventional routes are closed, giving onchain markets an early read on new information.
“The harder test comes when the tokenized price moves away from the underlying market while the mechanisms that normally bring them back into alignment, such as arbitrage, hedging, minting and redemption, are unavailable. Liquidity providers then have to carry more inventory, basis and gap risk until those markets reopen,” Meng said.
Continuous trading becomes economically durable when liquidity providers can manage exposure across those uneven schedules, with enough cash settlement, custody and redemption capacity to support prices through weekends and overnight sessions.
The Registry Outranks the Chain Blockchain selection still affects transaction costs, execution speed and access, although Harrison sees legal and operational design carrying greater importance for institutions deciding whether an asset can enter portfolios.
“The chain matters far less than people assume. I see institutions spending months evaluating which blockchain to use when the real question is whether the legal and operational infrastructure around their asset is in place. Can they settle? Can they comply across jurisdictions? Can their counterparties access it? The industry spent almost two years getting lost in the semantic between tokenized deposit, a CBDC and a stablecoin when technologically they’re identical. The infrastructure around the token is what determines whether institutional clients can use it,” said Harrison from AMINA Bank.
SECZ provides one illustration. The same issuer-sponsored common stock launched across Avalanche and Solana, leaving the economic rights attached to the share while blockchain choice governs where an eligible investor can hold and transfer the tokenized form.
The SEC’s January guidance gives the registry similar prominence from a regulatory perspective, centring issuer-sponsored tokenization on the master securityholder file and the relationship between an onchain transfer and the legally recognized ownership record.
Where Tokenization Breaks Down Continuous trading becomes more complicated when a token keeps changing hands while its reference market has closed, leaving price discovery concentrated in the tokenized asset until conventional trading resumes.
Harrison points to tokenized equities.
“You can trade the token at any hour, but the underlying security doesn’t reprice outside traditional market hours. You’re buying a wrapper whose reference value is frozen until the market reopens.”
Tokenized Treasuries raise a different issue. They are already the largest real-world asset category tracked by RWA.xyz, with $16.16 billion distributed across 85 products as of August 3, yet AMINA’s clients can already buy conventional T-bills through the bank’s securities dealer license.
In their case, wrapping the same exposure in a token offers limited extra utility unless it improves access, settlement or use elsewhere onchain.
“The tokenized version solves a distribution problem that doesn’t exist for them.”
Tokenization earns its economic value where a blockchain representation improves access, settlement, portability or use as collateral, while the ownership record preserves a holder’s enforceable rights throughout the process.
The market is already large enough for this distinction to become commercially important, especially as tokenized securities begin entering regulated public-market venues.
Sunrise, a canonical asset gateway powered by Wormhole, is bringing Robinhood Chain’s brightest star to Solana DeFi.
The listing comes as Robinhood Chain challenges Solana’s extended reign of dominance over DeFi spot markets. Having captured the vast majority of tokenized equity volumes, Robinhood is steadily drawing closer to flipping Solana in daily DEX volume.
Meanwhile, DeFi traders are taking aim at distressed stocks in TradFi markets, leveraging memecoins to kickstart a short squeeze reminiscent of Roaring Kitty’s 2021 Gamestop phenomenon.
Sunrise Lists Robinhood’s $PONS Continuing its tradition of bringing trader’s most desired assets to Solana DeFi, Sunrise has unveiled the next foreign asset to join its expanding range. After running from under $1M to its all-time high of $313M, $PONS, the Robinhood Chain-based launchpad, is making its way to Solana as a tradable asset.
$PONS is not the first Robinhood Chain-native asset deployed on Solana. On July 10, Sunrise DeFi bridged over $CASHCAT, the network’s flagship memecoin. Since listing, $CASHCAT on Solana has witnessed over $42.4M in total volume, attracting over 5,300 unique holders.
Robinhood Challenges Solana Spot Dominance Sunrise’s latest Robinhood-themed listing comes as the emerging chain gains incredible traction across the onchain economy. After officially launching in early July, Robinhood Chain has been on a tear in the last week, with DeFi traders netting enormous profits as the ecosystem coins like $CASHCAT, $PONS, and $AI all rallied to 9-figure market caps.
Much of Robinhood Chain’s novelty value has stemmed from memecoins paired with tokenized stocks, and the experimentation of Uniswap’s v4 hooks, an emerging technology that was relatively underexplored until recent weeks. Driven by meme/stock pairings, Robinhood has demolished Solana’s long-held lead in tokenized stock volume share.
Where Solana previously captured over 95% of tokenized equity volume across all chains, Robinhood Chain and BNB have completely swallowed its dominance.
Based on DefiLlama data, Robinhood Chain is steadily approaching Solana’s position atop spot volume rankings, renewing calls that Solana is nearly the end of its age of influence.
Solana representatives pushed back on the criticism, asserting that the chain remains crypto’s leading network in terms of RWA growth and TVL. Directly addressing other disparagements, Solana Foundation’s Vibhu Norby highlighted the network’s emerging Perps scene and flourishing stablecoin sector as further proof of the chain’s versatility.
Trenches Target MemeStock Short Squeeze With meme/stock pairings dominating onchain volumes and attention, DeFi traders are eagerly seeking to force a short squeeze in TradFi markets, or use memetic momentum to acquire a board seat at a public company. The trend began when $AI, a memecoin paired with $NVDA, theorized that the coin could accumulate enough $NVDA to potentially get a seat on the company’s board.
While reaching the required valuation is certainly ambitious, onchain traders are seeking to apply the same logic to lower-value, distressed TradFi companies. As a result, several onchain stock derivatives became vastly mispriced against their real-world equivalents, causing holders to lose value as market makers rebalanced prices as markets reopened.
Not to be outdone, Solana community members are exploring how they might be able to spark a gamma short squeeze similar to the one that propelled Roaring Kitty and GameStop to infamy in 2021.
With platforms like Stonk enabling DeFi users to launch tokenized paired with any onchain asset, like stocks, commodities, and collectibles, the surface area for onchain experimentation and TradFi disruption is widening.
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TLDR OpenSea has added full Solana NFT trading support, allowing users to buy, sell, and trade Solana-based collectibles. The rollout builds on OS2, which already supported Solana fungible tokens before adding NFT functionality. Solana becomes OpenSea’s first non-EVM network for NFT trading since its earlier 2022 beta ended. Users can now access collections such as Mad Lads, Claynosaurz, BoDoggos, Collector Crypt, and Phygitals. OpenSea is expanding its multi-chain strategy as the broader NFT market continues to operate well below its 2021 and 2022 trading peaks. OpenSea has expanded its marketplace by adding support for Solana NFT trading, giving users access to buy, sell, and trade digital collectibles issued on the Solana blockchain. The move brings Solana NFTs back to OpenSea after an earlier beta launch failed to gain strong market share. The latest integration runs on OS2, OpenSea’s rebuilt multi-chain platform. The company had already added Solana fungible token trading in April 2025 and said NFT support would follow.
OpenSea Adds Solana NFT Trading to OS2 OpenSea first tested Solana NFTs in April 2022. That beta covered about 165 collections, but Solana-focused marketplaces such as Magic Eden and Tensor handled most trading activity across the network.
The new rollout gives OpenSea users access to Solana collections including Claynosaurz, Mad Lads, BoDoggos, Collector Crypt, and Phygitals. Solana also becomes OpenSea’s first non-EVM network for NFT trading since the earlier beta ended.
OpenSea completed the public rollout of OS2 in May 2025. The platform supports NFTs and fungible tokens across more than 19 blockchain networks, shifting the marketplace toward a wider on-chain trading model.
Its supported networks include Ethereum, Polygon, Arbitrum, Optimism, Avalanche, Base, Monad, Sei, and Berachain. Solana adds a different blockchain design to that list and broadens the range of assets available to users.
Solana Returns as NFT Competition Changes The Solana NFT market has also changed since OpenSea’s first attempt. Magic Eden recently closed its Bitcoin and EVM marketplaces as it shifted more attention back to Solana, while Tensor remains active in the ecosystem.
OpenSea enters that market as wider NFT trading remains far below its 2021 and 2022 peaks. Monthly marketplace volumes now stand at a few hundred million dollars, compared with billions during the earlier boom.
Several NFT platforms have reduced or ended operations as trading activity weakened. Binance closed its centralized NFT service in June, while Nifty Gateway, Kraken NFT, and X2Y2 have also shut their marketplaces.
OpenSea’s Solana rollout follows changes to its wider business. The company also moved beyond NFTs by supporting fungible tokens and has discussed a future SEA governance token, although that launch has faced delays.
The company said OS2 aims to bring several types of on-chain assets into one interface, giving traders access to collectibles and tokens without switching across multiple separate marketplace products.
Solana validators just voted to put SOL on a diet. The network’s governance body approved SGP-0002, a proposal that doubles the annual disinflation rate from 15% to 30%, meaning the amount of new SOL entering circulation will shrink twice as fast as originally planned. The move pulls forward Solana’s target for hitting its 1.5% terminal inflation floor from roughly 2032 to 2029, three years ahead of schedule.
The vote closed on August 28 with 176.29 million SOL in favor and 66.19 million opposed, landing at 67% approval. That barely cleared the two-thirds supermajority required, and the outcome reportedly hinged on the Kraken validator switching its position before the deadline.
What the numbers actually mean The approved proposal, which implements SIMD-0550, will prevent an estimated 18.9 million SOL from being minted over the next six years.
Solana’s inflation rate as of June 2026 sat at approximately 3.82%, with staking participation hovering around 68%. Under the old schedule, the network would have gradually tapered issuance over the next six-plus years. Under the new plan, that taper happens roughly twice as fast.
For SOL holders who don’t stake, this is straightforwardly good news. Less new supply means less dilution. For stakers and validators, the picture is more nuanced. Staking yields, which currently range from 4% to 6%, are projected to decline more rapidly as inflation rewards shrink. Analysts estimate yields will converge toward the 1.5% floor years earlier than previously forecast.
Record activity provides a cushion July 2026 produced 4.2 billion non-vote transactions, a record for the network. On August 4 alone, nearly 170 million transactions were processed in a single day.
Notably, a separate proposal aimed at restructuring fees to increase on-chain token burns failed to win supermajority support. That initiative would have boosted daily burns from around 650 SOL to somewhere between 7,500 and 9,000 SOL. With that proposal dead for now, Solana’s existing fee structure stays in place while the issuance changes take effect.
The governance drama The 67% approval figure might sound comfortable, but it was anything but. Two-thirds is the minimum threshold, meaning the vote passed by the thinnest possible margin for a supermajority system. The Kraken validator’s late pivot proved decisive, a detail that underscores how concentrated influence can be in proof-of-stake governance.
With 176.29 million SOL voting yes and 66.19 million voting no, roughly a third of participating stake actively opposed faster disinflation.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
OpenSea, the leading NFT marketplace, has expanded its platform to support Solana NFT trading, allowing users to buy, sell, and trade digital collectibles directly on the Solana blockchain. This integration marks Solana’s return to OpenSea after a previous beta trial in 2022, and signals a significant shift in OpenSea’s multi-chain strategy.
OpenSea integrates Solana NFTs through OS2 platformOpenSea’s new Solana NFT support is powered by OS2, the company’s recently rebuilt platform. OS2 enables cross-chain trading of NFTs and fungible tokens across more than 19 blockchain networks. Solana is now the first non-EVM (Ethereum Virtual Machine) network for NFTs on OpenSea since its earlier beta phase ended in 2022. The integration follows OpenSea’s addition of Solana fungible token trading in April 2025 and fulfills the company’s earlier commitment to expand NFT offerings.
Solana-based collections now available on OpenSea include Claynosaurz, Mad Lads, BoDoggos, Collector Crypt, and Phygitals. These join a multi-network portfolio that already includes Ethereum, Polygon, Arbitrum, Optimism, Avalanche, Base, Monad, Sei, and Berachain, broadening the assets users can access on the marketplace.
Mini dictionary: OS2, OpenSea’s latest multi-chain protocol, enables users to trade both NFTs and fungible tokens across numerous blockchains from a single interface.
OpenSea completed the public rollout of OS2 in May 2025, positioning itself as a one-stop gateway for on-chain assets.
NetworkNFT SupportEVM CompatibilityEthereumYesYesPolygonYesYesSolanaYesNoBase, Arbitrum, Avalanche, Monad, Sei, BerachainYesYesRising competition in Solana NFT ecosystemOpenSea’s Solana launch comes at a time when competition among NFT marketplaces on the network is evolving. Magic Eden, a major NFT marketplace, recently closed its Bitcoin and EVM marketplaces, redirecting more resources back to Solana, while Tensor continues to be active in the Solana NFT space.
Despite these moves, overall NFT market activity has dropped significantly from its 2021 and 2022 highs. Monthly trading volumes now total a few hundred million dollars, a fraction of the levels seen during the bull run. This contraction has led several platforms to exit the market, with Binance shutting down its centralized NFT service in June, and Nifty Gateway, Kraken NFT, and X2Y2 also ceasing operations.
OpenSea’s multi-chain expansion is seen as a response to shifting trading patterns and the need to offer more diverse on-chain assets to a broad user base.
OpenSea’s OS2 update is designed to bring multiple types of on-chain assets, including collectibles and fungible tokens, into one unified interface, eliminating the need for users to switch between different trading platforms.
New directions for OpenSea’s business modelIn addition to expanding its NFT lineup, OpenSea has also moved into the trading of fungible tokens. The company has publicly discussed the future launch of a SEA governance token, although the rollout remains delayed.
With these updates, OpenSea aims to position its platform as a comprehensive trading destination for both NFTs and cryptocurrencies, addressing changing preferences in the digital asset space.
1 September 2026 | 00:17 Solana is generating record fees as validators prepare for lower inflation rewards. The question is whether activity-based income can cover enough of what smaller operators lose.
Key Takeaways Fee generation reached 9,200 SOL daily. Non-vote transactions set another weekly record. Disinflation will reduce predictable staking income. Smaller validators face the sharpest test. The fee record is real, but already variable Solana’s seven-day average fee generation approached 9,200 SOL per day on August 27, about 80% more than three months earlier, according to data reported by The Block. At a SOL price near $104 at the time of writing, that pace was worth roughly $950,000 a day.
The increase came with heavier use rather than price alone. Non-vote transactions reached a record 191 million over seven days, up from 88 million a year earlier. Jito tips averaged another 2,073 SOL per day, rising 26% in one week.
Those readings show that users were paying more to transact and secure priority. They do not establish a permanent revenue floor. Solana Compass showed daily network revenue near 7,000 SOL at the time of writing, 15.8% lower than the previous day. That figure covers a single day and includes fees and tips, while the 9,200-SOL figure is a seven-day average. The two readings describe different windows and should not be presented as a direct fall from one to the other.
The daily movement is also a reminder that fee income can cool quickly. Solana has already experienced periods when growing activity did not prevent network revenue from declining. Inflation rewards, by contrast, arrive on a scheduled curve.
What validators actually receive But 9,200 SOL paid into the network does not mean validators received 9,200 SOL as profit.
Under Solana’s fee structure, half of each base fee is burned and half goes to the validator that processes the transaction. Priority fees go entirely to the block-producing validator. Jito tips create an additional income stream, although operators may pass much of that value to delegators after retaining a commission.
The categories also require care. Some network-revenue datasets include out-of-protocol tips alongside transaction fees. Adding the reported Jito figure to the 9,200-SOL total without checking the underlying definitions could therefore count part of the same income twice.
The scale comparison is still useful if it is treated as context rather than a validator income statement. Solana Compass listed total supply at 633.27 million SOL and current inflation at 3.669%. Applied to the current supply, that rate implies gross issuance of about 63,700 SOL per day. The 9,200-SOL fee pace equals roughly 14.5% of that amount, while the live 7,000-SOL revenue reading equals about 11%.
Neither ratio measures validator profit. Gross issuance includes rewards passed to delegators, while fee and tip income is distributed unevenly among block producers. A large operator with more stake and more leader slots has a better chance of capturing that activity-based revenue than a smaller validator.
Smaller operators have less room for error The network-wide figures hide how differently the policy could affect individual operators. Inflation commissions provide validators with relatively predictable income. Fees and tips depend on traffic, block production and each operator’s share of stake.
That distinction matters because validators narrowly approved a faster reduction in new SOL issuance. The proposal passed with 67.001% support, only 0.334 percentage points above the required threshold, and doubles the annual disinflation rate from 15% to 30%. It is expected to remove about 18.9 million SOL from projected issuance over six years. Coindoo’s earlier report on the close Solana governance vote covers the result and its effect on supply.
Today’s staking rate is close to the proposal’s middle-case model. Solana Compass reported 438.18 million SOL staked, equal to 69.2% of total supply, while the model used a 68% assumption. Under that scenario, the proposal projects nominal staking yield falling from 5.84% to 4.34% after one year, 3.00% after two years and 2.25% after three. Those estimates exclude commissions, block rewards and MEV.
The proposal’s validator model makes the pressure more concrete. Using 738 validators and assumptions that included $18,000 in annual server costs, a 2.75% commission, SOL at $80 and 201 SOL in yearly voting costs, it projected two additional validators becoming unprofitable in year one, 13 by year two and 30 by year three. These are modeled outcomes, not a forecast of exact departures, but they identify where the risk sits: operators whose margins already depend heavily on inflation commissions.
Approval does not mean the faster schedule starts immediately. The change still depends on deterministic staking-reward calculations being implemented across validator clients. Solana Compass reported that SIMD-0607 must merge and ship in Agave v4.4 before the new disinflation feature gate can be scheduled. No activation date has been announced, and the current 3.669% inflation rate remains in effect.
Quiet weeks will decide whether the policy works Record traffic makes the transition look easier because it gives validators more fee and tip income to absorb lower inflation commissions. The harder evidence will come when trading slows.
A useful assessment should follow more than the headline fee total:
Validator-retained fees: the amount operators keep after burns, commissions and payments to delegators. Break-even stake: whether the minimum stake needed to cover voting and infrastructure costs continues to rise. Validator participation: whether smaller operators leave or stake becomes more concentrated among the largest providers. Revenue in quieter periods: whether fees remain meaningful when trading demand and priority bidding subside. Solana does not need fee revenue to replace all gross issuance for the policy to work. It needs enough activity-based income to keep competent operators running as inflation becomes a smaller part of their economics.
Record activity gives the network more fee income to work with, but quiet periods will provide the better test. If revenue holds while validator participation remains stable, Solana can reduce issuance without concentrating operations. If smaller validators leave, lower dilution will have carried a measurable cost.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
CME Group and CF Benchmarks went live on August 31 with two new multi-asset cryptocurrency benchmarks, with the headline product being one that deliberately sidesteps the two biggest names in the market.
What the index tracks Its ten constituents are BNB ($BNB), XRP, Solana ($SOL), Hyperliquid's $HYPE, Chainlink's $LINK, Stellar, Sui, Uniswap, Avalanche and Aave ($AAVE). A companion CME CF Crypto Market Index holds those same ten assets plus Bitcoin and Ether, functioning as a broad-market gauge.
Both indices use free-float market capitalisation weighting, with the constituent lineup reviewed every June and December.
Benchmarks, not tradable products, for now
The door to tradable products is not closed. That precedent suggests the new benchmarks could serve as the foundation for listed products further down the line.
Sources:
Crypto Briefing: CME launches two new cryptocurrency tracking indices with CF Benchmarks
Crypto Economy: CME Emerging Crypto Index Launches Without Bitcoin Or Ethereum
CME Group: CME Group to Launch Nasdaq CME Crypto Index Futures (press release)
Solana (SOL), a leading layer-1 blockchain, is undergoing a short-term price correction, but continued network expansion, increasing whale wallets, and rising institutional inflows are supporting its broader upward outlook.
Price correction and on-chain activitySOL has dropped 8.31% since August 26, slipping from $110.50 to about $100.40 based on analysis by Ali Charts. Despite this decline, metrics suggest ongoing interest among users and investors. On-chain data shows Solana’s usage remains robust, with an average of 9.5 million new addresses added daily over the past week.
Consistently rising new address numbers point to sustained ecosystem growth, indicating that more users and potential investors are engaging with the Solana network. The blockchain’s activity levels have held up even as the SOL token’s price declined, underscoring a separation between technical price action and underlying network fundamentals.
Current growth in new addresses suggests Solana’s adoption is broadening, potentially laying the foundation for future price recovery if these trends persist.
Analysts suggest that the current correction may be technical rather than based on weakening network health. If network growth continues at this pace, conditions may favor a rebound.
Whale accumulation and institutional flowsThe number of whale wallets—those holding 10,000 SOL or more—has increased by 1.58%, with 52 new large accounts joining the network. This trend indicates significant holders are increasing their stakes, which could decrease available liquidity on exchanges.
Mini dictionary: Whale wallet, a term used to describe a blockchain wallet or address that holds a large quantity of a particular cryptocurrency, often indicating significant influence in the market due to the size of holdings.
Solana continues to attract strong institutional demand. US spot SOL exchange-traded funds (ETFs) have posted net inflows for seven consecutive weeks. Over the last seven days, these products have added more than 1.2 million SOL, equivalent to roughly $120 million.
Institutional participation remains firm in the Solana ecosystem, with spot ETF inflows highlighting ongoing traditional investment activity.
Withdrawing SOL from exchanges has also accelerated: exchange-held balances dropped 4.91% last week, amounting to about 2.6 million SOL moved off trading platforms. This suggests more tokens are being held for the long term.
Key support and resistance levelsTechnically, the $103 price area emerges as an important support level for SOL. Around this threshold, market participants acquired approximately 39 million SOL, establishing a key price region that buyers may defend.
If SOL stabilizes near $103 and regains upward momentum, traders may look to resistance areas at $123 and $132. Previous buying activity around these levels—about 20 million SOL at each—may create potential selling pressure.
Price LevelRoleSOL Accumulated$103Support39 million$123Resistance20 million$132Resistance20 millionA breakout above resistance could strengthen Solana’s case for a recovery toward the $150 mark. Until then, the ability of SOL to hold $103 remains key to assessing whether the current decline is a temporary correction or a base for further gains.
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.
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After one of its strongest rallies in recent months, Hyperliquid is getting close to the psychological $100 target; however, the most recent technical structure indicates that another large wave of buying pressure will be necessary to reach triple digits. After momentarily reaching about $87, HYPE is currently trading at about $80.83.
Hyperliquid's temporary pauseThe asset traded below $60 in mid-August before quickly rising more than 40% and setting a new local high, indicating the size of the move. The moving averages are the first point in the bullish argument. On the daily chart, HYPE trades comfortably above each of the major trend indicators.
HYPE/USDT Chart by TradingViewThe 50-day and 100-day moving averages are at roughly $63.21 and $61.97, respectively, while the 20-day EMA has accelerated to about $71.67. At $54.66, the 200-day moving average is much lower. This structure demonstrates that HYPE is not opposing a more general bearish trend.
HOT Stories
Rather, the main question is whether momentum can support an additional 24 percent increase from current prices to $100. The $85–$87 area is the first barrier. Selling pressure has already been applied to HYPE there, resulting in multiple upper wicks and delaying the most recent breakout.
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Before the market can seriously challenge $100, a daily close above $87 would leave $90 as the next psychological barrier. The primary issue in the short term is momentum. The RSI recently moved above 70 and is currently at about 65. It is encouraging that the indicator has cooled significantly without collapsing, but it also indicates that the initial breakout impulse is weakening.
The story of trading volume is similar. As HYPE broke through $60–$70, volume increased sharply. However, as the price moved sideways around $80–$85, volume progressively decreased.
Any breakout above $87 would be strengthened by renewed volume. The immediate support range on the downside is between $78 and $80. Without necessarily disproving the bullish trend, a deeper retreat might move HYPE closer to the rising 20-day EMA at $71.67.
XRP reaches key levelsAfter giving back a significant amount of its August breakout gains, XRP has reached one of the most significant technical levels on its daily chart. The price is currently directly testing the 200-day moving average.
The 200-day moving average is close to $1.35, and XRP is currently trading at about $1.37. Because of how small the difference is, the market is already effectively testing this long-term support. This level is significant because XRP only recently recovered the 200-day average during its dramatic surge from roughly $1.00.
XRP/USDT Chart by TradingViewBefore profit-taking took over and forced the asset back toward its breakout zone, the breakout drove XRP as high as $1.70. The bullish reversal structure would be strengthened if $1.35 were successfully defended.
XRP would indicate that the 200-day moving average may have flipped into support rather than plunging back under long-term resistance right away. There is already some indication of buying in this area in the current candle. XRP fell to $1.34 for a short while before rising above $1.36.
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One intraday reaction, though, is not enough to guarantee that support will endure. Additionally, momentum has significantly decreased. After surpassing 80 during the first breakout, the RSI has dropped to about 61. Because XRP is no longer overbought, buyers have much more leeway to react if demand recovers at $1.35.
In contrast to the massive volume expansion that coincided with the initial breakout, volume has also steadily decreased during the correction. If $1.35 holds, XRP might try to get back to $1.40 before going after the resistance zone between $1.45 and $1.50. If $1.50 is broken, the recent highs would once again be taken into consideration.
A decisive daily close below $1.35 marks the start of the bearish scenario. If so, the next significant dynamic support is much lower, with the 100-day moving average close to $1.21 and the 20-day EMA around $1.27.
Solana isn't giving upFollowing its spectacular August breakout, Solana is refusing to give up the $100 level, with buyers consistently intervening whenever SOL gets close to the psychological threshold. According to the most recent structure, $100 has swiftly changed from being an upside target to the most significant short-term support for the market.
SOL/USDT Chart by TradingViewAfter hitting about $110 during the most recent rally, SOL is currently trading at about $102.70. Solana gained about 45% in less than two weeks before momentum began to slow down. The move started at about $75. Sellers have yet to generate a daily breakdown below $100, despite the correction from $110.
The most recent session saw SOL rise above $102 after hitting an intraday low of about $100.90. This defense is important because there is not much technical structure just below $100. At roughly $90, the strongest dynamic support cluster is still significantly lower. The 200-day moving average is currently close to $90.28, while the 20-day EMA has risen quickly to about $90.80.
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If $100 eventually fails, their convergence creates a significant secondary support zone. But for the time being, Solana is still holding the psychological level. Momentum has moderated since the decline. The daily RSI moved deep into overbought territory before declining toward 69.
As a result, SOL maintains its relative strength without exhibiting the same extreme momentum conditions as the breakout's peak. In comparison to the massive activity seen during the initial move through $80–$100, volume is also decreasing.
This implies that the selling intensity caused by the most recent correction has not yet matched the buying pressure behind the breakout. The first barrier on the upside is $105, which is followed by the recent peak of $109–$110. In addition to confirming continuation, breaking $110 could pave the way for $115–$120.
If SOL closes firmly below $100, the bearish scenario becomes more pertinent. A retracement toward $95 and ultimately the $90 support cluster could be accelerated by such a move, which would eliminate the psychological floor. Following its vertical rally, Solana is still extended, so further consolidation would be expected.
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.
After one of its strongest rallies in recent months, Hyperliquid (HYPE) is approaching the $100 mark, but its latest technical indicators suggest that significant buying pressure will be required for the asset to enter triple digits. The token briefly touched $87 before retreating and is currently trading at approximately $80.83.
HYPE: Momentum Slows Near ResistanceIn mid-August, HYPE was trading below $60. It then surged more than 40%, setting a new local peak that highlighted the magnitude of the rally. The daily chart now shows HYPE well above its key trend indicators. The 20-day exponential moving average stands at about $71.67, the 50-day and 100-day moving averages are near $63.21 and $61.97 respectively, and the 200-day sits at $54.66. This configuration indicates an overall bullish structure rather than a reversal against a broader bearish trend.
For HYPE to reach $100, momentum will need to sustain another 24% advance from its current price. The area between $85 and $87 presents a notable barrier, with selling pressure evident as the asset faced multiple upper wicks at this level, slowing recent attempts to break out further. A daily close above $87 would make $90 the next psychological milestone.
Momentum indicators show mixed signals. The RSI, which recently moved above 70 and now sits around 65, reflects a cooling momentum. While this suggests some consolidation, it also signals that the strong impulse driving the breakout is moderating.
A similar pattern emerges in trading volumes. Activity surged when HYPE moved from $60 to $70, but volume has steadily declined as the price consolidated between $80 and $85. A confirmed breakout above $87 would likely require renewed volume.
On the downside, immediate support lies between $78 and $80. A deeper pullback might see HYPE test the 20-day EMA near $71.67 without necessarily ending the prevailing uptrend.
IndicatorCurrent ValuePrice$80.8320-day EMA$71.6750-day MA$63.21100-day MA$61.97200-day MA$54.66RSI65HYPE’s momentum has cooled since its breakout, with the RSI dropping back from overbought territory and volume waning, suggesting further gains depend on renewed buying activity.
XRP Tests Major Support at 200-Day AverageRipple’s XRP has surrendered much of its August gains and now tests a crucial long-term technical level—the 200-day moving average at $1.35. The asset is currently trading close to $1.37, with the difference so slight that this area effectively functions as a test of support.
XRP only recently reclaimed this key average during a sharp move from $1.00, which pushed the price to $1.70 before sellers stepped in. Successfully holding $1.35 may strengthen the bullish narrative, signaling that the 200-day average has reversed from resistance to support.
Intraday price action shows some early buying interest as XRP briefly dipped to $1.34 before rebounding to above $1.36. However, the recent loss of momentum is evident in technical indicators. After peaking above 80 during the rally, the RSI has dropped to 61, indicating that overbought conditions have subsided and that buyers could respond if demand recovers.
Trading volumes remain in decline since the correction began, after surging with the initial breakout. Should $1.35 continue to hold, XRP could attempt to climb to $1.40 and then face resistance between $1.45 and $1.50. A strong move above $1.50 would once again bring the previous highs into focus.
If XRP closes decisively below $1.35, a more bearish scenario could quickly unfold. The next meaningful support would then be the 100-day moving average at $1.21, with the 20-day EMA around $1.27 acting as an intermediate level.
XRP is testing its 200-day moving average at $1.35, a key level that recently switched from resistance to support after a surge from $1.00. Buyers are active, but falling momentum and shrinking volume suggest the outcome remains uncertain.
Solana Defends $100 as Buyers Step InSolana (SOL) holds firm near the $100 level following its rapid August rally. The project, known for its high-throughput blockchain platform, has attracted buyers each time the price dips toward this psychological threshold, making $100 both a support and a pivot for market sentiment.
SOL touched $110 during its most recent advance and currently trades at about $102.70. The token gained roughly 45% in less than two weeks after rising from $75, although momentum has eased as the price corrects from recent highs. Buyers have prevented a daily close below $100 during the pullback from $110.
The latest session saw SOL rebound to $102 after an intraday dip to roughly $100.90, with this defense particularly significant due to limited technical support below $100. At $90, a confluence of major support exists, where the 200-day moving average and the 20-day EMA (currently at $90.28 and $90.80, respectively) converge.
If $100 fails, SOL could quickly slide toward this next cluster of support. However, Solana continues to hold above the psychological floor, with the daily RSI cooling to approximately 69 after previously entering overbought territory. Decreasing volume further reflects a moderation in trading activity as the rally consolidates.
Should buyers regain momentum, the immediate resistance is at $105, followed by the recent peak range of $109 to $110. A close above $110 could pave the way for targets in the $115 to $120 area. Alternatively, a loss of $100 would make a retreat towards $95 and the broader $90 support range more likely as SOL consolidates gains from its steep rally.
Mini dictionary: Solana, a high-speed, decentralized blockchain platform known for its scalable architecture and fast transaction processing, is popular among both decentralized application developers and DeFi participants due to its low transaction fees and efficient throughput.
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.
Solana’s treasury firm DeFi Development Corp. plans to publicly offer up to $20 million in Series C floating-rate perpetual preferred stock. The company intends to use the raised funds to increase its SOL holdings and pursue other crypto-related investments.
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Social trading apps have fueled the current on-chain market rally, with weekly trading volume approaching $1.3 billion.
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According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs recorded a net inflow of $216.7 million yesterday, with IBIT contributing $205.9 million of the total. U.S. spot Ethereum ETFs saw a net inflow of $87.6 million, of which ETHA accounted for $59.9 million.
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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.
Applications on the two-month-old Arbitrum network earned $2.66 million in 24 hours, ranking second behind Solana, with a memecoin launchpad as the biggest single source.
Robinhood Chain generated more revenue for the applications running on it than Ethereum did over the past 24 hours, two months after the network went live.
The chain Robinhood built to trade tokenized stocks now earns most of its application revenue from memecoin speculation. The ranking also rests on a metric that strips out stablecoin issuers, liquid staking and gas fees, the categories that produce most of Ethereum's onchain income.
Robinhood Chain's 24-hour app revenue was $2.66 million as of 18:30 UTC on Monday, against $1.28 million for Ethereum, according to DefiLlama. Solana led all networks with $5.07 million, followed by Robinhood Chain, Hyperliquid at $1.7 million, BNB Chain at $886,126 and Base at $438,882.
Memecoin Launchpad Does The WorkPons, a token launchpad that exists only on Robinhood Chain, collected $5.34 million in fees over 24 hours and $16.77 million over seven days, DefiLlama data shows. Its V2 contracts keep 30% of curve and Uniswap V4 swap fees for most pools and charge 0.0005 ETH per token launched, with the rest going to token creators. Roughly 80% of V1 revenue funds buybacks and burns of the PONS token.
PONS traded at $0.32 on Monday, up 13.7% over 24 hours and 313.6% over seven days, for a market capitalization of $230 million, according to CoinGecko.
Trading bot GMGN took $956,450 in fees over the same period, and Uniswap's V4 and V3 deployments collected $2.68 million and $1.45 million. The chain processed $1.03 billion in decentralized exchange volume over 24 hours, up 12.1% from the prior day, per DefiLlama.
Pons has not had the launchpad market to itself. Uniswap's own launchpad out-launched Pons on its first day on the chain in August, and Robinhood Chain venues have been taking share from Pump.fun in launchpad fees since July.
DefiLlama's app revenue series measures what applications keep, excluding stablecoins, liquid staking apps and gas fees. On Ethereum, that removes Tether, Circle and Lido from the comparison.
The one-day figure is also a snapshot. Ethereum leads over longer windows, with $11.91 million in seven-day app revenue against Robinhood Chain's $9.34 million, and $45.8 million over 30 days against $23.23 million.
Robinhood's Cut Is GasNone of the app revenue accrues to Robinhood. The company earns transaction gas fees, which DefiLlama tracks separately at $963,612 over 24 hours and $4.04 million over 30 days, net of Ethereum L1 execution and blob costs and the 10% fee share owed under the Arbitrum Expansion Program license. That share splits 8% to the Arbitrum DAO and 2% to the Arbitrum Developer Guild, per the Arbitrum Foundation's mainnet factsheet.
Robinhood launched the chain's mainnet on July 1 alongside 24/7 stock tokens, onchain lending and plans for agentic trading, pitching the network as infrastructure for tokenized securities. Memecoin trading arrived in week one, and CEO Vlad Tenev said the chain works for memes too after earlier skepticism.
The two use cases have since merged. Launch platforms began pairing memecoins with tokenized equities, and by late July the chain carried more tokenized stock volume than Solana's venues combined at $29.7 million a day, most of it a byproduct of memecoin trades.
Robinhood Chain passed Base on daily active users three weeks after launch. ETH traded at $2,441.86 on Monday, down 0.6% over 24 hours and 0.4% over the week.
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.
A Solana wallet labeled as Fireblocks Custody transferred another 30 million USD1 to Binance during a 15-hour period, according to an Aug. 31 report from blockchain tracker Onchain Lens.
Summary
Fireblocks-labeled custody wallet sent 30 million Solana-based USD1 tokens to Binance across fifteen reported hours. Onchain records confirm transfers, but they do not identify the beneficial owner or transaction purpose. The same wallet previously transferred 66 million USD1 to Binance during the preceding reported week. USD1 is issued by World Liberty Financial and operates across multiple networks, including Solana today. Neither Fireblocks, Binance nor World Liberty publicly explained whether the deposits supported trading or liquidity. The tokens had a nominal value of $30 million because USD1 is designed to track the U.S. dollar. The transfer extended a series of large deposits from the same address, but its commercial purpose remains unknown.
Neither Fireblocks, Binance nor USD1 developer World Liberty Financial had publicly identified the beneficial owner or explained the transfers when the latest movement was reported.
TRUMP-BACKED solana:USD1ttGY1N17NEEHLmELoaybftRBUSErhqYiQzvEmuB KEEPS FLOWING TO BINANCE
Fireblocks Custody sent another 30M solana:USD1ttGY1N17NEEHLmELoaybftRBUSErhqYiQzvEmuB to Binance over the past 15 hours.
— Onchain Lens (@OnchainLens) August 31, 2026 USD1 transfer is visible on Solana Onchain Lens identified the sending address as 9Rycov3U4efJf5HiqZYGjN7qJJHEtMsj4vbmkG4xfCxk. Its activity can be reviewed through the Solscan account page.
The tracker described the address as Fireblocks Custody and the receiving destination as Binance. Those labels are blockchain-analytics attributions rather than identities recorded directly inside Solana transactions.
Onchain data verifies that tokens moved between addresses. It cannot, by itself, establish who beneficially owned the assets or whether the transfer represented a sale, market-making activity, customer withdrawal, treasury operation or internal exchange movement.
Accordingly, the Onchain Lens report should not be interpreted as proof that Fireblocks, World Liberty or another party sold $30 million of USD1.
Fireblocks-labeled wallet previously moved $66M The same address previously transferred 28 million USD1 to Binance through three transactions over 21 hours, according to an earlier Onchain Lens update.
A subsequent report said the wallet had deposited 66 million USD1 into Binance over one week after sending another 10 million tokens. The latest 30 million transfer appears to follow that reported sequence.
If the periods do not overlap, the cited movements would represent approximately 96 million USD1 sent to Binance. However, Onchain Lens did not provide a complete transaction inventory in its latest post, so the combined figure should be treated cautiously.
Fireblocks provides wallet and transaction infrastructure for institutions. A wallet using its custody technology can hold assets for a customer without Fireblocks owning those assets economically.
World Liberty’s USD1 already has close Binance ties USD1 is a dollar-pegged stablecoin associated with World Liberty Financial, the crypto business linked to U.S. President Donald Trump and members of his family.
World Liberty’s official documentation lists USD1 deployments across several blockchains. The Solana token address begins with USD1ttGY1N17, matching the asset identified in the transfer report.
USD1 already has substantial links to Binance. Abu Dhabi-backed investment company MGX used $2 billion of the stablecoin to settle an investment in the exchange during 2025.
As crypto.news previously reported, the MGX transaction gave USD1 an early institutional use shortly after its launch.
Binance-controlled wallets and customer accounts held nearly 87% of USD1’s supply at one stage. Such concentration can reflect exchange customer holdings, institutional settlement balances and Binance’s own operational wallets.
Binance deposits do not establish selling pressure Sending a volatile cryptocurrency to an exchange can indicate possible selling. That interpretation is less direct for a stablecoin because dollar-pegged assets commonly move to exchanges as trading collateral, settlement funds or quote-currency liquidity.
Binance offers USD1 trading pairs, including a SOL/USD1 market. Deposits could therefore support customer trading, market-making or liquidity management.
World Liberty says USD1 circulation has exceeded $4 billion. As crypto.news reported, company CEO Zach Witkoff attributed its expansion to institutional demand. That remains a company explanation rather than proof of the purpose behind these transfers.
World Liberty also received preliminary conditional approval to establish a national trust bank that could eventually issue and redeem USD1. The institution cannot open until it satisfies the OCC’s conditions.
Further wallet movements, changes in Binance balances or statements from the involved companies could clarify the deposits. No verified price movement in USD1, WLFI or another asset was directly attributable to the reported transfer.
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.
Real Trump Coins said it had no role in launching, promoting, or authorizing Trump Digital GOLD, distancing itself from the Solana-based token after it appeared across its online presence and subsequently collapsed.
In an X post on Saturday, Real Trump Coins attributed the promotion to “third-party bad actors” and said authorities were involved as it worked to determine what had happened.
Lookonchain Flags Concentrated GOLD Holdings Blockchain analytics platform Lookonchain reported that, before the sell-off, 82.45% of GOLD’s total supply was held across the developer wallet and newly created addresses.
The firm also said 15 of those wallets, which it identified as being associated with the team, subsequently offloaded their tokens for about $330,000, booking an estimated profit of $312,000.
Meanwhile, questions over the token’s promotion centered on its appearance across multiple Real Trump Coins online platforms. For context, on Saturday, GOLD appeared in promotional posts on the company’s X account, which pointed users to RealTrumpCoins.com. The website also featured the token. However, the X posts were later deleted.
Crypto observer Rune subsequently questioned how both the X account and the domain could have been compromised.
Real Trump Coins Domains Raise Further Questions The Real Trump Coins X account now links to TrumpCoins.com, a separate domain. However, the account had directed users to RealTrumpCoins.com as recently as Aug. 25 in a post that remained online at the time of publication.
RealTrumpCoins.com also continued to display the GOLD promotion at the time of publication.
Separately, Trump continued to follow the Real Trump Coins X account, one of 53 accounts he followed on the platform.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
More than 313,000 tokens were created on Solana launchpads in a single week, the highest weekly total the network has seen in roughly 19 months. The so-called “trenches” are back.
For the uninitiated, “trenches” is crypto shorthand for the chaotic, high-speed environment where brand-new tokens are launched, traded, and mostly forgotten within hours.
Pump.fun still runs the show The overwhelming majority of these token launches originated on Pump.fun, the platform that has dominated Solana’s memecoin launchpad scene since its debut in early 2024. The platform uses bonding curve mechanics to let anyone create and launch a token with minimal friction.
Other platforms exist in the space. Bags, BONKfun, and Moonshot each contribute smaller slices of the overall launch volume.
Pump.fun has generated hundreds of millions in revenue since launch. Each launch generates fees regardless of whether the token survives its first hour.
The graduation rate for tokens launched on these platforms tells the real story. Roughly 1% or fewer of newly created tokens achieve any meaningful sustained liquidity or trading activity. That means of those 313,000 tokens launched last week, the vast majority will never see a second week of meaningful life.
Trading volume tells a parallel story The token launch surge didn’t happen in isolation. Solana’s memecoin spot trading volume hit $5.2 billion in a recent week, the strongest reading since late 2025.
All of this on-chain activity has tangible effects on the Solana network itself. Every token launch, every trade, every failed graduation attempt generates transaction fees.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
US spot Solana ETFs just had their best week of 2026, pulling in over $153 million in net inflows as institutional appetite for the asset class continues to accelerate. The surge was punctuated by a single-day peak of $60.91 million on August 27, the third-highest daily inflow since these products first hit the market last October.
Daily trading volume across the category hit $196.82 million on the same day.
Bitwise’s BSOL is running away with the category Bitwise’s BSOL, a Solana staking ETF that offers investors yield on top of price exposure, captured $40.2 million on August 27, roughly 66% of all inflows that day.
That performance pushed the fund past a milestone: $1 billion in assets under management for the first time. BSOL is estimated to hold around 9.3 million SOL tokens, with cumulative inflows sitting between $1.01 billion and $1.03 billion. That means a single fund accounts for approximately 77-80% of all capital that has ever flowed into the entire US spot Solana ETF category.
Nine spot Solana ETFs now trade in the US, issued by names like Grayscale (GSOL), Fidelity (FSOL), Morgan Stanley (MSOL), VanEck (VSOL), and 21Shares (TSOL). Most of these products incorporate staking options, giving holders a way to earn yield rather than simply sit on spot exposure.
The entire category’s total AUM now stands at roughly $1.49 billion, with cumulative net inflows exceeding $1.3 billion since launch.
August is shaping up as a landmark month Cumulative inflows for August 2026 surged past $174 million with two trading days still remaining, making it the strongest month of the year for Solana ETFs.
The US spot Solana ETF market came into existence on October 28, 2025, after the SEC relaxed its rules around crypto fund listings. In less than a year, the category has grown from zero to nearly $1.5 billion in managed assets.
The staking component appears to be a meaningful differentiator. Unlike Bitcoin ETFs, which can only offer pure spot exposure, Solana’s proof-of-stake architecture allows ETF issuers to generate yield for investors. A Solana staking ETF effectively turns SOL into something closer to a yield-bearing instrument.
With BSOL alone holding an estimated 9.3 million SOL, that’s a meaningful chunk of tokens effectively removed from the tradeable float, strengthening network security and reducing circulating supply simultaneously.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Charles Schwab is expanding its crypto platform beyond Bitcoin and Ethereum, adding support for Solana, Avalanche, and Chainlink exposure, according to validated platform materials.
The move is notable because Schwab is not a crypto-native exchange. It is one of the largest brokerage names in US finance, and its product decisions can shape how traditional investors access digital assets.
The expansion suggests that regulated investor demand is moving beyond the two largest crypto assets.
Bitcoin and Ethereum remain the core institutional products. But Solana, Avalanche, and Chainlink are now being treated as liquid enough, recognizable enough, or strategically relevant enough to enter the next layer of brokerage crypto access.
For more details, visit the official Schwab platform.
TL;DR Charles Schwab is expanding crypto access beyond Bitcoin and Ethereum. Solana, Avalanche, and Chainlink are being added to the platform. The move should not be described as a spot ETF launch or custody approval unless Schwab’s materials say so. Why Schwab Matters Schwab brings traditional-market credibility.
When a major brokerage expands crypto access, it can lower the barrier for investors who do not want to use offshore exchanges, self-custody, or complex wallet setups. That matters because many investors prefer familiar account infrastructure.
Schwab’s move also helps normalize crypto as a broader asset class.
Bitcoin and Ethereum were the obvious starting points. Adding more assets suggests the platform sees demand for exposure beyond BTC and ETH.
That is a meaningful shift.
Solana, Avalanche And Chainlink Offer Different Narratives The three added assets are not interchangeable.
Solana is a high-throughput smart contract network with a large retail and DeFi ecosystem. Avalanche has focused heavily on subnets, institutional deployments, and tokenized asset infrastructure. Chainlink provides oracle and cross-chain data services used across many crypto applications.
Together, they give investors exposure to different parts of the digital asset market.
That may be the point. A broader platform can let investors express views on smart contracts, tokenization, infrastructure, and cross-chain data rather than only holding the two largest assets.
Not The Same As ETF Approval The distinction is important.
Platform support does not mean the SEC has approved spot ETFs for all three assets. It does not necessarily mean Schwab is offering direct custody in every possible sense. The exact product structure matters.
Investors need to understand whether they are trading spot crypto, accessing exposure through a specific wrapper, or using another product type.
The headline is access expansion. The details determine what kind of access.
Brokerage Distribution Could Shape Altcoin Demand If major brokerage platforms keep expanding crypto menus, the altcoin market could change.
Many investors currently access smaller crypto assets through exchanges. Brokerage access could bring a different kind of buyer: retirement-account investors, advisory clients, portfolio allocators, and retail traders who prefer traditional platforms.
That may increase liquidity and visibility for supported assets.
But it may also create a sharper divide. Assets supported by major brokerages could gain legitimacy, while unsupported tokens may remain more purely crypto-native.
The Clean Read Schwab’s expansion is another sign that crypto access is moving into mainstream financial platforms.
Bitcoin and Ethereum are no longer the whole conversation. Solana, Avalanche, and Chainlink are being pulled into the next wave of brokerage-supported digital asset exposure.
The move does not settle regulatory questions. It does not guarantee demand. It does not turn every altcoin into an institutional asset.
But it does show that one of the biggest names in brokerage is willing to widen the digital asset menu.
That matters for the market’s next phase.
This article is based on Charles Schwab platform materials and related public information.
This article was written by the News Desk and edited by Samuel Rae.
Among high-cap assets, Solana has hands down led the rotation this month with a 40% rally, its best monthly performance since the 2024 post-election cycle.
Notably, the altcoin has also outperformed Ethereum on a relative performance basis, with the SOL/ETH ratio up over 7% during the same period.
Zoom out, though, and the picture changes. As the chart below shows, the SOL/ETH ratio is still down over 10% on a quarterly basis, as the 55% surge in Ethereum beats the 40% jump in SOL.
With September fast approaching, the focus turns to whether Solana can maintain this trend and close the performance gap against Ethereum before Q3 ends.
Source: TradingView (SOL/ETH) From a market’s perspective, though, the setup isn’t fully bearish.
Prediction markets are currently pricing in over 50% probability for SOL to reach $140 by year-end. That would mean roughly a 50% move from current levels. Considering SOL’s Q3 underperformance and its ongoing battle with the $100 resistance zone, $140 may look like a stretch.
But if SOL can break above $100 and sustain its recent momentum, the year-end target becomes far more plausible.
According to AMBCrypto, this is the point where Solana’s [SOL] major on-chain metrics come into play.
Solana’s August rally gets fundamental backing A key “convergence” is fueling optimism around SOL’s prospects through the year-end.
Crucially, the on-chain data validates the bullish thesis, with the network processing an average of 2,100 transactions per second, up 3x higher than the figure recorded in January. Moreover, the DEX activity is also gaining momentum.
On Friday alone, $3.15 billion worth of transactions were settled on Solana’s DEXs, representing over 40% of total DEX trading volume across blockchains.
The momentum is also starting to pick up in terms of institutional flows. The chart below shows that Solana ETFs posted their best weekly inflows of 2026, with over $150 million flowing in during the final week of August.
Put together, stronger network activity, rising DEX volume, and a surge in ETF inflows point to the fact that SOL’s recent rally is being driven by on-chain demand and institutional flows.
Source: SoSoValue According to AMBCrypto, this “convergence” is what adds up to the bullish case of Solana.
If this pattern continues, it is likely that the SOL/ETH pair will continue to climb during September, thus allowing Solana to overcome the performance gap of Q3. Hence, the current setup suggests SOL’s August strength still has more room to run.
Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) are retreating from their recent highs, but experienced trader DonAlt says the first pullback after the explosive rally has yet to invalidate the bullish market structure.
Why Crypto Can Go "Sideways/Up"“Nothing’s really changed,” DonAlt said in a podcast on Aug. 29, noting that BTC’s weekly chart has barely deteriorated following one of its strongest recent upside impulses.
He argued that traders calling for an immediate return toward $70,000 to $72,000 may be overlooking the importance of momentum.
DonAlt expects Bitcoin to move "sideways slash up" unless reclaimed support breaks, with a deeper pullback likely leading to prolonged consolidation.
Trending
The $75,000 to $76,000 region represents Bitcoin’s first significant test.
Bitcoin could still retreat toward around $72,000 to $73,000 without destroying its weekly structure, according to DonAlt.
However, a monthly close below roughly $73,000 would be a more significant warning that the rally was simply a bounce into resistance.
Ethereum’s $4,000 Target, Solana Breakout IntactDonAlt is even more constructive on Ethereum, calling its technical structure one of the strongest among major cryptocurrencies.
"The more I look at this, the more bullish it seems to me," he said.
The trader sees $2,300 as key Ethereum support, with a break potentially leading to $2,100-$2,200 and extended consolidation. If $2,300 holds, he sees the breakout intact with $4,000 as a potential target.
On the other hand, Solana surged out of its previous range and approached DonAlt’s $125 target before pulling back. Despite the retreat, it remains above its important breakout region around $96.
A return below that area would weaken the setup, while the larger bullish thesis would face a more serious challenge closer to $80 to $81.
He highlighted Solana’s recent shift from a low to a higher low followed by a sharp upside impulse as materially different from its behavior during the preceding bear market.
Solana is navigating a crucial technical phase as its recent bounce encounters strong resistance just below a key price band. The digital asset’s ability to break through this ceiling will be decisive in confirming whether it is preparing for a new upward move, while ongoing consolidation keeps traders attentive to vital support levels.
Current technical position and price actionAt the time of publication, Solana (SOL) trades at $102.04 after falling 1.87% over the past 24 hours. The token, which currently represents 2.30% of the entire crypto market, reports a market capitalization of $60.29 billion and 24-hour trading volume of $7.08 billion.
Despite its slight daily decline, SOL is maintaining support within the $94.50–$95.50 range. This zone is being closely monitored by market participants as an essential buffer for sustaining the ongoing bullish structure on Solana’s price chart.
SOL continues to build on recent gains but is consolidating below the $110.15–$109.63 resistance, with technical structure hinging on its ability to stay above the $94.50–$95.50 support area.
Resistance levels and upside targetsThe immediate resistance for Solana sits between $109.50 and $110.50. Analysts argue that a strong daily close above this level could bolster confidence among buyers and set the stage for a drive higher. If Solana breaks through $110, the next technical target is set around $112.50.
Technical analysis from More Crypto Online indicates that the move up from the June lows has been corrective, potentially representing the end of a Wave (4) pullback within a larger Elliott Wave structure. In this scenario, Wave (5) would target $116.50, provided SOL maintains momentum and confirms a breakout above the resistance region.
Mini dictionary: Elliott Wave — A technical analysis theory that suggests market prices move in predictable patterns called ‘waves’, often used to forecast potential future price movements.
However, should buyers fail to hold above the $94.50–$95.50 support, Solana risks losing its bullish setup and could revert to sideways trading between support and resistance boundaries.
LevelPrice RangePotential ActionSupport$94.50–$95.50Holds bullish structureImmediate Resistance$109.50–$110.50Key breakout for further gainsUpside Targets$112.50 / $116.50Wave (5) objectiveOutlook and market implicationsIf Solana decisively breaches the $109.50–$110.50 resistance, technical projections suggest that attention could quickly shift toward the next resistance bands, with $112.50 and $116.50 acting as short-term targets. On the downside, remaining below $95 would signal a waning bullish momentum, potentially increasing the likelihood of consolidation or further losses.
Traders remain alert for a confirmed breakout, as this could provide a clear direction for Solana’s next major move.
The most important week in Solana’s history is about to begin, and Jacob Creech, Vice President of Technology at the Solana Foundation, has released the announcement the Solana community has been eagerly awaiting.
Summary
Solana is preparing a series of network upgrades covering transaction costs, block times, transaction capacity and validator infrastructure. Transaction V1 is scheduled to launch on September 9, while the Alpenglow consensus upgrade is expected to reach mainnet in October. ASDeFi claims SOL holders can earn returns through cloud mining contracts without operating validators or purchasing mining hardware. The platform advertises several fixed term contracts with different investment amounts and projected returns, alongside support for SOL and other cryptocurrencies. Solana is about to enter a period of intensive technical upgrades: The first phase of gas fee reductions will begin this week, followed by the launch of Transaction V1 on September 9. Block times will continue to be reduced, the Alpenglow consensus upgrade will be rolled out in October, and the community is set to come together at the “Scale or Die” conference in November. Solana’s development will take on a whole new look from this point forward.
A series of upgrades will reshape Solana’s infrastructure in several areas, including cost, transaction capacity, confirmation speed, and validator architecture. However, technical upgrades do not necessarily mean that the price of SOL will rise; ultimately, this depends on developer adoption, user growth, and genuine on-chain demand.
For ordinary investors, however, in addition to keeping an eye on the evolution of public blockchain infrastructure, it is equally important to consider how to maximize the efficiency of their Solana assets. ASDeFi addresses this need by offering an automated yield mechanism that allows users to access potential returns on their Solana assets without having to run their own validators or wait for public blockchain upgrades.
Solana is accelerating its infrastructure upgrades, while the asset efficiency sector is also evolving in parallel. In the future, what will truly be worth watching may not just be which blockchain is faster, but rather which one can enable users and assets to create more tangible value.
ASDeFi: Continuously accumulate SOL without upgrades From the V1 trading upgrade on September 9 to the Alpenglow mainnet, which is expected to launch in October, Solana is undergoing a major technical upgrade. For ASDeFi users, you can continue to accumulate rewards through cloud mining without having to wait for blockchain upgrades, validator registration, or governance processes. At the same time, ASDeFi has integrated with the Solana ecosystem, including SOL payments and the listing of related tokens on Orca DEX, so its cloud mining business complements the Solana upgrade.
ASDeFi: How it works Founded in 2020 and headquartered in the United Kingdom, AS DeFi is a cryptocurrency asset service platform specializing in AI-powered cloud mining. Through an AI-driven computing power scheduling system, it combines green-energy mining facilities with automated yield management to enable round-the-clock automated operation. Users can start mining cryptocurrency without having to purchase mining equipment or bear the costs of equipment maintenance, electricity, or complex technical management.
How do I join ASDeFi? 1. Go to register a cloud mining account: https://asdefi.com
Enter your email address and password to create an account. You’ll receive a $15 bonus upon registration, and a $0.60 bonus for logging in every day.
2. Deposit cryptocurrency
The platform supports deposits and withdrawals of more than a dozen cryptocurrencies, including SOL, XRP, BTC, ETH, DOGE, BNB, and USDT.
3. Purchase hashrate contracts
Purchase a $15 contract. The platform also offers a variety of hashrate contracts; choose one with the return that best fits your investment budget.
Examples of common contracts: Check-in Contract: $15 — 1-day cycle — Total profit of approximately $15.6
Introductory Contract: $100 — 2-day cycle — Total profit of approximately $108
Basic Contract: $1,000 — 10-day cycle — Total profit of approximately $10,140
Stable Contract: $6,000 — 20-day cycle — Total profit approximately $8,040
Stable Contract: $30,000 — 30-day cycle — Total profit approximately $47,100
(For more contract details, please visit the official website.)
4. Start mining and earn rewards
Once the contract purchase is complete, the platform automatically allocates computing power resources, and the system begins running. You can view your earnings in real time on your phone and withdraw them to your wallet at any time.
Summary With upgrades such as Transaction V1 and Alpenglow rolling out, Solana continues to optimize transaction efficiency, confirmation speeds, and network infrastructure. For investors, while keeping an eye on the technological advancements of public blockchains, there are also opportunities to explore new possibilities in terms of asset efficiency and participation methods.
ASDeFi offers SOL holders a way to participate without having to purchase mining equipment themselves, through cloud mining and automated computing power management. As blockchain infrastructure continues to upgrade, the integration of technological innovation with asset use cases will remain a key focus for the market.
For more details, visit: https://asdefi.com
Download the app: https://asdefi.com/xml/index.html#/app
Solana price traded near $102.50 on Aug. 31 after retreating from a weekly high of $110.04, but its daily and 4-hour charts show that the broader August breakout remains intact above $100.
Summary
Solana price gained 4.2% from Aug. 25 through Aug. 31 despite falling 6.8% from its weekly high. Daily RSI cooled to 68.43 after moving above 70 during the late-August rally. 4-hour Supertrend support sits at $100.95, making $100 the main short-term level for bulls. Liquidation clusters near $100.50 and $104–$105 could amplify Solana’s next move. Solana price cools after reaching $110 According to data from crypto.news, Solana (SOL) price opened Aug. 25 at $98.56 and rose to an intraday high of $110.04 on Aug. 27, producing an 11.6% advance in less than three days. Its price subsequently pulled back to around $102.50 on Aug. 31, reducing the weekly gain to roughly 4.2%.
The retreat followed a much larger recovery from Solana’s early-August low near $71. From that level to the weekly peak, SOL gained approximately 55%, leaving the token vulnerable to profit-taking as traders approached the end of the month.
Solana’s daily chart shows that the rally pushed the price above the upper Bollinger Band before sellers emerged near $110. The token remained above the indicator’s middle band at $90.36, while the upper and lower bands stood at $114.36 and $66.36, respectively.
Solana price daily chart — Aug. 31 | Source: crypto.news A move beyond the upper band often reflects strong momentum, but it can also indicate that price has advanced faster than its recent volatility range. SOL’s return inside the band therefore points to cooling momentum after the breakout rather than confirmation of a broader bearish reversal.
The daily Relative Strength Index supports that reading. RSI reached overbought territory during the rally but had fallen to 68.43 by Aug. 31. Its moving average remained higher at 77.14, showing that momentum was easing after the rapid advance.
The $100 level is Solana’s immediate technical test Solana’s 4-hour chart places the Supertrend support at $100.95, just below the market price. SOL has remained above the indicator since its breakout from the mid-$70 range, and the Supertrend has continued to signal an upward short-term structure.
Solana price 4-hour chart — Aug. 31 | Source: crypto.news The position leaves the $100–$101 area as the first line of defense. A sustained close below that range would weaken the 4-hour setup and could send the price toward $97.50, followed by the previous breakout region between $92 and $95.
Selling pressure has already started to appear in the Chaikin Money Flow indicator. 4-hour CMF stood at minus 0.07, showing that capital flow had shifted slightly negative as SOL retreated from $110.
The reading is not deeply bearish, but it indicates that buyers have yet to regain the strength seen during the breakout. A CMF recovery above zero, combined with SOL holding over $100.95, would provide firmer evidence that the pullback has run its course.
On the upside, initial resistance lies between $104 and $105, where several recent rebounds stalled. Clearing that area would expose $107.50 and the Aug. 27 high at $110.04. A daily close above $110 could then bring the upper Bollinger Band near $114.36 into focus.
Liquidation map puts SOL between two leverage zones CoinGlass’ 24-hour liquidation heatmap shows Solana trading between concentrated leverage levels on both sides of its price.
Solana liquidation heatmap | Source: CoinGlass The strongest nearby downside cluster appears around $100.50–$101. A drop into that zone could trigger leveraged-long liquidations, potentially accelerating a break below the 4-hour Supertrend support.
Additional liquidity is visible below $100, particularly around $99 and $97.50. Those levels could become relevant if sellers force a decisive loss of the psychological $100 mark.
Above the market, liquidation concentrations appear near $104–$105, followed by larger clusters around $107.50–$108. A rebound through those areas could force short positions to close and add momentum to another attempt at $110.
The heatmap does not predict which side will be reached first. It instead identifies areas where leveraged positions are concentrated, meaning price volatility may increase if SOL moves into either cluster.
Analyst sees a larger Solana breakout forming Analyst Gerla said on Aug. 31 that Solana had broken a downtrend that had lasted for roughly one year and was beginning to establish a higher-low structure.
“If this reaccumulation holds, I’m watching the $100 area first, then $300+ as the next major expansion zone.”
The chart shared by Gerla treats $100 as the base of a longer-term recovery rather than an immediate upside target. Her projection requires SOL to hold its reclaimed range and continue forming higher highs and higher lows over a much longer period.
The $300 target remains speculative and sits far above the levels shown by the current daily indicators. Before such a scenario becomes relevant, SOL would need to reclaim $110, break the daily upper Bollinger Band near $114, and overcome several resistance zones left by its decline from the 2025 peak.
For the short term, the charts present a narrower decision range. Holding $100.95 would preserve the 4-hour Supertrend signal and keep $105, $107.50, and $110 in play. Losing $100 on strong selling pressure would invalidate the immediate bullish setup and raise the risk of a deeper retracement toward $97.50 or $92–$95.
US traders may also watch demand through US-listed Solana investment products and any progress on federal crypto market-structure legislation. However, the next directional move will likely depend first on whether spot buyers defend $100 as leveraged positions unwind around the monthly close.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
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Ran Neuner, a closely followed analyst in the cryptocurrency market, has made a noteworthy prediction for the altcoin market. Neuner believes that a new altcoin supercycle may be starting in the market following the break of a technical trend that has been ongoing for approximately nine years.
Recently appearing on The Wolf of All Streets program, Run Neuer specifically discussed the Ethereum/Bitcoin (ETH/BTC) pair, stating that the technical breakout in this pair could be a significant signal for the altcoin market.
Nine-Year Trend Broken on the Ethereum/Bitcoin Front! The analyst’s assessment of the altcoin cycle centers around the ETH/BTC chart.
At this point, the analyst notes that the ETH/BTC pair has significantly broken its downtrend, which has lasted for about nine years. According to Neuner, this development indicates that the long-term weakness of altcoins against Bitcoin may be beginning to end.
“On the weekly chart, after a 9-year downtrend, we are now seeing an upward breakout.”
Altcoin Opportunity May Be Bigger Than Bitcoin’s! The analyst notes that altcoins may have higher return potential following Bitcoin’s rise.
In this context, the analyst argues that the recent movement in Bitcoin could be the beginning of a new bull market, but the real high-yield opportunity may lie in altcoins.
He Revealed the Altcoins He Owns! The analyst first argues that in the new era, investors should focus not only on projects that were popular in the past, but also on blockchain projects that have real use cases and a growing user economy.
At this point, Neuer states that he holds Bitcoin, Ethereum, Solana, Hyperliquid, and several other altcoins.
Neuer also highlighted some altcoins. He specifically named Solana and Ethereum as the two winners of the L1 battle, stating, “I wouldn’t invest in any other L1 because I don’t think there’s any upside potential in L1s.”
The analyst also cited Hyperliquid, an altcoin, as one of the strongest active use cases in the crypto world, stating that he directly holds it due to its token economy and exchange functionality.
Neuer’s boldest individual opinion focuses on Zcash, a privacy-focused cryptocurrency that recently gained ETF support. He argued that Zcash could become a dominant form of private money.
Neuer said, “I think Zcash has the potential to go up 10 times, maybe even 100 times, from here.”
The analyst also highlights altcoins such as Lighter (LIT – his second-highest choice in the perpetual trading space), Bittensor (TAO – viewed as an AI investment in crypto), NEAR Protocol (NEAR – held due to its privacy connection with Zcash), and Ethena (ENA – included in his portfolio based on his stablecoin and bull market thesis).
*This is not investment advice.
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According to market data from BIT (bit.com), Circle’s shares rose more than 6% intraday, currently trading at $92.67. Earlier reports noted that Hyperliquid is in discussions with Kraken’s parent company to enter the U.S. market.
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The central figure behind the viral story "ByteDance Employee Makes 23x Gains Trading US Stocks", Dexter Yang, posted that over the more than 7 years since he joined ByteDance on January 14, 2019, ByteDance options have appreciated 4.5 to 5 times at the repurchase price, yielding an annualized return of 22% to 24%; based on the company's market valuation (USD 600 billion to USD 1 trillion), they have risen 8 to 13 times, with an annualized return of 31% to 40%. His personal US stock assets have surged 23 times over the same period, delivering an annualized return of 51%. If such returns are not attainable, excelling at work at ByteDance and earning more options is the optimal investment. Career development mirrors investing: it requires taking risks, entering early, staying committed, and achieving exponential growth through compound interest from personal growth and sector accumulation—essentially, it's about "buy and hold". Earlier, Leto Bao, a former ByteDance employee nicknamed "ByteDance Stock Trading Guy", reaped massive profits by capitalizing on the AI storage sector via US stock investments. Online reports claim he earned approximately RMB 30 million and subsequently resigned.
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Viewpoint: Bitcoin’s rebound momentum remains strong, with institutional allocations and speculative leverage rising in tandem.
Glassnode noted in a report that Bitcoin is currently trading around $78,600, having largely held onto the strong rally it launched from the $64,000 zone at the end of August after earlier breaking above $80,000. The broader digital asset market still shows strong institutional demand, though activity in spot and derivatives trading has cooled in some segments. Meanwhile, price momentum has clearly exceeded the upper bound of its statistical range. The secondary market’s trading volume and spot Cumulative Volume Delta (CVD) indicate that the balance of buying power in the market may be shifting, while retail participation has also weakened. Traditional finance capital continues to flow into regulated crypto investment products. U.S. spot Bitcoin ETF holdings remain profitable and have maintained weekly net inflows. At the same time, short-term, price-sensitive capital is entering the market, coinciding with high options open interest and a rapid narrowing of volatility spreads—signaling that market participants may be underestimating short-term volatility risks. On-chain data also reflects a pattern of "active settlement but weakening user participation": entity-adjusted transaction volumes are significantly above normal levels, while daily active addresses and total fee revenue have declined slightly. Overall, the Bitcoin market is in a transition phase from a strong rally to structural divergence. Sustained institutional capital allocation and a rebound in on-chain valuations are providing market support, though speculative leverage is rising and signs of short-term capital selling have begun to emerge. The market’s fundamentals remain solid, but short-term volatility and correction risks are on the rise.
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Bitcoin, the largest cryptocurrency by marketcap, is holding above $78,000 on Monday even as a stronger dollar, rising oil prices and renewed geopolitical tensions create a risk-off backdrop for crypto markets.
Bitcoin briefly fell below $77,000 in the early hours before recovering, leaving it down less than 1% over 24 hours. The cryptocurrency remains up more than 24% in August, putting it on track for its strongest monthly performance since 2017 and its largest monthly gain since November 2024.
Solana Leads the Majors Solana leads Monday's declines among major cryptocurrencies, falling roughly 3% in the past day. Despite that, the weekly picture looks considerably stronger for Solana. After reaching a weekly high of $110 over the weekend, $SOL has slipped to about $102 but remains up more than 7% over the past week. That gives it the strongest weekly performance among the top 10 cryptocurrencies by market capitalization.
Solana remains up more than 40% in August. With Monday marking the final day of the month, $SOL remains on course for its largest monthly green candle since 2024.
The network also maintains the top position in DEX volume across daily, weekly and monthly timeframes. Last week, Solana completed voting on 3 major governance proposals and recorded its biggest week ever for token launches, with more than 800,000 new tokens created.
Solana ETFs Post Record Inflows Institutional demand has also strengthened. U.S. spot Solana ETFs recorded more than $153 million in net inflows last week, marking their strongest week of 2026 and setting a new yearly record.
Only the final week of October 2025, when U.S. spot Solana ETFs launched, produced larger weekly inflows.
The strong ETF demand comes alongside Solana's broader market gains, although the latest price pullback shows that institutional flows have not insulated $SOL from wider macroeconomic pressure.
Saylor Returns to Bitcoin Buying Strategy made its first Bitcoin purchases since late June, adding 4,603 $BTC for $369.7 million last week at an average price of $80,318.
The company funded the acquisition through $602.8 million in common-stock sales. It allocated the remaining proceeds to $151.8 million in STRC preferred-stock buybacks and additional cash reserves.
Executive Chairman Michael Saylor now leads a company holding 845,050 $BTC acquired for $63.73 billion at an average price of $75,412 per Bitcoin.
Strategy was not alone in adding exposure. Bitcoin treasury firm Strive purchased 1,800 $BTC last week for $143 million, paying an average of $79,431 per coin. The purchase brings Strive's holdings to 23,156 $BTC, worth nearly $1.8 billion.
Iran conflict sends oil above $90 Geopolitical tensions added another source of pressure to markets after U.S. forces struck Iranian rocket launchers, triggering retaliation against local military bases and pushing crude prices sharply higher.
President Donald Trump declared on Truth Social that "Iran is officially a Failed Nation".
Following the declaration, brent crude climbed over 3% to $90 per barrel, while WTI rose 3% to $86.3. The oil surge has renewed inflation concerns and could complicate the Federal Reserve's interest-rate outlook.
Read More on SolanaFloor $HNT Soars 228% as America’s Fastest-Growing City Turns to Helium DePIN
Solana’s Double Disinflation Proposal Goes Down to the Wire, Passing by 0.33%
OpenSea now lets users buy, sell, and trade Solana-based NFTs on its platform. It only took four years to get here.
The marketplace first dipped its toes into Solana waters back in April 2022 with a beta integration that, to put it gently, did not set the world on fire. Native Solana platforms like Magic Eden and Tensor had already locked down the ecosystem’s most active traders, and OpenSea’s early attempt never gained meaningful traction.
Now, with its rebuilt OS2 platform as the foundation, OpenSea is making another run at the Solana NFT market with considerably more infrastructure behind it.
From beta flop to full-stack relaunch OpenSea completed the public rollout of its rebuilt OS2 platform in May 2025, transforming itself from a pure NFT marketplace into a multi-chain trading hub supporting both NFTs and fungible tokens across more than 19 blockchain networks.
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The Solana integration this time is part of a much broader strategic shift. OpenSea began listing Solana fungible tokens on OS2 back in April 2025, starting with tokens like WIF and FARTCOIN. Adding NFT support on the same chain is the logical next step, and one that CEO Devin Finzer has been telegraphing as part of his vision for a unified on-chain trading experience.
The timing isn’t accidental either. OpenSea emerged from an SEC investigation earlier this year without any enforcement action, removing a cloud of regulatory uncertainty that had hung over the company’s strategic planning for months.
Why Solana matters for OpenSea’s comeback Solana’s appeal for NFT traders comes down to two things: speed and cost. Transactions settle in fractions of a second, and fees are measured in fractions of a cent. That makes the chain particularly attractive for high-frequency NFT trading, gaming assets, and the kind of rapid-fire speculation that defined much of the 2024 memecoin and collectibles cycle.
The platform now supports over 20 blockchain networks in total, a breadth that no single competitor matches.
The competitive landscape and what’s at stake The fungible token angle adds another dimension. By letting users trade both NFTs and tokens like WIF on the same platform, OpenSea is positioning itself as a general-purpose on-chain trading venue rather than a pure collectibles marketplace.
One wild card is the SEA governance token. OpenSea had planned to launch a native token, but market conditions prompted delays and a strategic pivot toward broader on-chain aggregation.
As of August 2026, OpenSea indicated that NFT support on Solana was not yet fully operational despite other Solana functionality being live.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Five altcoins broke out during mid-August, and four of them now carry dated September catalysts that could extend or end the move.
The turn rolled through the market in stages. Uniswap bottomed on August 14, and Solana volume spiked on August 19. Zcash, Monero, and Hyperliquid then broke out together on August 22.
Zcash (ZEC) Broke Out 3 Days Before Its ETF LaunchedRank: 10
Price: $838.78
Market Cap: $14.18 billion
Grayscale listed the first US spot Zcash product on NYSE Arca on August 25 under the ticker ZCSH. The debut was quiet, drawing roughly $14.8 million in first-session volume. Notably, the breakout preceded the listing by three days.
ZEC cleared its November 2025 cycle high near $750 on August 22. It then reached $888, just under the 1.272 Fibonacci extension at $903. The next extension sits at $1,099. This is an eight-year high rather than a record, since ZEC peaked above $3,190 in October 2016.
ZEC daily chart / Source: TradingviewMeanwhile, a coinholder poll on the NU7 upgrade closes September 14. One question asks whether to replace the halving schedule with a smooth issuance curve. Rejection at $903 could return the price to the $750 breakout level, which held on August 25.
Monero (XMR) Closes In on a Record Above $800Rank: 13
Price: $536.77
Market Cap: $10.13 billion
THORChain enabled native Monero swaps on August 25, allowing direct trades against Bitcoin and stablecoins without wrapping. That partly routes around the exchange delistings that hit the asset through 2025. However, XMR carries no dated September catalyst.
The chart broke above the May swing high on August 22 and added 26.5% in seven days. XMR now tests the 0.5 Fibonacci retracement at $538. Above it sits the 0.618 golden pocket at $600, then the record high of $799.89 set on January 14.
XMR daily chart / Source: TradingviewIn contrast to Zcash, this move looks derivatives-led. Open interest roughly doubled in two weeks to about $278 million, and futures volume runs far above spot. A squeeze that builds this fast can unwind just as fast. Earlier privacy coin positioning showed the same pattern.
The immediate support for XMR sits at $476.53.
Hyperliquid (HYPE) Faces a $1.2 Billion Unlock on September 29Rank: 9
Price: $81.78
Market Cap: $18.18 billion
Hyperliquid routes 99% of order-book fees into buybacks, currently worth roughly $58 million to $80 million a month. A release of about 14.2 million HYPE, near $1.2 billion, lands on September 29. Roughly 47% goes to insiders.
HYPE cleared its prior record at $77 on August 22 and reached $86.71 five days later. The first target is the 1.272 extension at $92.37, followed by $111.93.
HYPE daily chart / Source: TradingviewHistorically, monthly releases moved price 14.1% lower in May, 1% higher in June, and 7% lower in July. From $81.78, that range maps to roughly $70 to $76, which brackets the $77 breakout level. Below that, support sits at $64.91, then $55.41, where the 0.618 retracement meets the trendline from January.
Uniswap (UNI) Burn Doubled to a Record in AugustRank: 29
Price: $5.12
Market Cap: $3.19 billion
Uniswap activated v4 protocol fees and Robinhood Chain fees in late July. August was the first full month with both running, and burn funding hit a record $8.9 million. That is roughly double the pace held since January.
UNI set a higher low on August 14, then cleared swing highs at $3.99 and $4.43. It now tests the 0.618 retracement near $4.94. Above that sit $5.66 and the January high at $6.57.
UNI daily chart / Source: TradingviewThe Senate cloture vote on the CLARITY Act falls in mid-September and needs 60 votes. Failure could stall the breakout. Therefore, the burn story needs a caveat, since a 20 million UNI annual growth budget keeps supply closer to neutral than deflationary.
Validators approved SIMD-0550 on August 28, doubling annual disinflation from 15% to 30%. Bitwise crossed $1 billion in Solana ETF assets the same day. Transaction V1 then activates on September 9, raising the maximum transaction size more than threefold.
SOL broke the 0.382 retracement at $93.98 and is now confirming the 0.5 level at $104.44 as support. Volume expanded from August 19. The next target is the 0.618 retracement at $114.89.
SOL daily chart / Source: TradingviewHowever, the fundamentals disagree with the chart. Network fees fell 44% quarter over quarter, and Solana’s share of global fees dropped to 17.3% from 26.6%. That divergence makes $104 the level that matters most.
What to Watch NextThe September calendar is tight. Transaction V1 lands on the 9th, the Zcash poll closes on the 14th, the CLARITY vote follows in mid-month, and Hyperliquid’s unlock arrives on the 29th.
Four of these five carry a dated event, and the leaders are extended after an eight-day breakout. Monero is the exception, so its path depends on flow rather than a catalyst.
According to DefiLlama data, Robinhood Chain’s 24-hour DEX trading volume hit ~$1.33 billion, marking four consecutive days of new all-time highs for daily volume. Its 7-day trading volume stood at ~$6.16 billion, with a week-over-week growth of roughly 79%. The $1.33 billion daily volume outpaced concurrent figures from Ethereum Mainnet ($993 million), BNB Chain ($962 million), and Base ($881 million), ranking second only to Solana ($1.86 billion). Notably, Robinhood Chain’s DeFi TVL is just $725 million—roughly 13% of Solana, Base, and BSC’s respective TVLs, and around 1.5% of Ethereum’s. However, driven by high meme coin trading activity, Robinhood Chain generated $1.07 million in chain fees over the past 24 hours, equal to the combined fees of Ethereum ($362,000) and Solana ($677,000) in the same period, making it the highest-fee chain across the network (excluding application layers). According to DefiLlama’s retained revenue calculations based on on-chain economic models, Robinhood Chain’s 24-hour revenue reached $963,000, far exceeding Ethereum ($70,000), Solana ($84,000), BSC ($44,000), and Base ($93,000)—three times the combined revenue of these other major public chains. This does not mean Robinhood’s overall ecosystem revenue has surpassed Solana or Ethereum, as DefiLlama’s on-chain revenue metric only measures network-level income. Robinhood Chain’s outlier revenue is essentially a result of the meme coin trading boom combined with its L2 sequencer economic model. Unlike Ethereum, Solana, BSC, and other chains, Robinhood Chain retains most user gas fees after covering Ethereum data costs and Arbitrum royalty splits, so network-level revenue is rapidly amplified when high-frequency meme coin trading surges.
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Bitwise’s Solana Staking ETF (BSOL) has become the first exchange-traded fund tracking Solana to surpass $1 billion in assets under management, less than a year after its launch.
The milestone comes amid a sharp increase in activity across both the Solana ETF market and the underlying token.
BSOL recorded more than $126 million in trading volume on Friday, its strongest single-day performance to date. Trading volume also exceeded $500 million across the seven sessions preceding the latest record.
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The fund has attracted inflows for seven consecutive trading days, bringing cumulative ETF inflows into Solana products to approximately $1.26 billion. That figure represents roughly 2.2% of SOL's current market capitalization, highlighting the growing scale of exchange-traded demand relative to the underlying market.
Institutional accumulation has also continued outside the ETF market. DeFi Dev Corp purchased another 19,000 SOL for approximately $1.86 million, taking its holdings to around 2.33 million SOL, worth approximately $182 million based on the figures provided.
Bitwise's XRP ETF has also continued to attract capital. The product recorded an inflow of $15.40 million, while its assets under management stood at approximately $603 million at the time of writing.
Together, the figures point to increasing institutional participation across crypto assets beyond Bitcoin and Ethereum, with Solana emerging as one of the main beneficiaries of the shift.
Leverage adds momentum to SOL's moveThe ETF activity has coincided with a strong move in SOL. The token gained roughly 19% over the past week, although the rally has subsequently encountered some selling pressure.
Futures activity has been particularly pronounced. Futures trading volume reached approximately $14.6 billion, compared with around $1.7 billion in spot volume. The large difference suggests that derivatives and leveraged positioning have played an important role in amplifying SOL's recent price movement.
At the latest reading, SOL was trading at $103.43, down 2.25% over 24 hours. Its market capitalization stood at approximately $60.42 billion, representing a 2.23% daily decline.
Trading activity remained elevated despite the pullback. Daily volume fell 16.15% to $4.94 billion, leaving the volume-to-market-capitalization ratio at approximately 8.17%.
The combination of rising ETF demand and elevated derivatives activity creates a more complex picture for SOL. Institutional inflows can provide sustained buying pressure, while heavy futures activity can accelerate both upward and downward moves as leveraged positions are opened or closed.
Another factor investors are watching is Solana's changing monetary policy.
Faster disinflation changes SOL's supply outlookSolana validators recently approved a proposal to accelerate the network's disinflation schedule. The vote was the first proposal to pass under Solana's new on-chain governance system.
Known as SGP-0002, or "Double Disinflation," the proposal increases the annual disinflation rate from 15% to 30%. Importantly, it does not alter Solana's long-term inflation target, which remains at 1.5%.
Final voting results showed 67% support for the proposal, compared with 25.16% opposed and 7.84% abstaining. Participation represented 60.7% of eligible stake.
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The accelerated schedule means Solana could reach its terminal 1.5% inflation rate considerably sooner. Solana Compass estimates that the target could now be reached in approximately 2.8 years, compared with around 5.7 years under the previous schedule.
The change is expected to reduce the number of new SOL entering circulation. Estimates indicate that approximately 18.9 million fewer SOL could be issued over the next six years under the revised schedule.
For existing SOL holders, lower issuance could reduce dilution over time. The trade-off is that the faster reduction in inflation also means lower staking rewards for validators and delegators.
The monetary-policy change therefore adds another variable to the investment case for SOL. While ETF demand and institutional accumulation are increasing access to the asset, the network itself is simultaneously moving toward a lower rate of new-token issuance.
For now, the combination of stronger exchange-traded demand, substantial derivatives activity and a tightening issuance trajectory is putting Solana at the center of renewed institutional interest.
The sustainability of the move, however, will depend on whether ETF inflows continue and whether the current futures-driven momentum can translate into lasting spot demand.
Solana is trading at $105.23, up 12.3% over the past week, after facing rejection at $110, a level analysts had flagged in advance as the token’s first major resistance zone.
According to experts, Solana’s pullback from $110 began within the past day, later than a similar retracement already underway on Bitcoin’s chart. The move is being treated as an internal correction within a broader uptrend, not a reversal, provided a set of specific price floors continue to hold.
Two support zones are in focus. The first, described as weak and relevant mainly to intraday moves, sits between $102.57 and $106.76. A more important zone lies between $90.46 and $94.83, calculated using Fibonacci retracement measured from Solana’s low on August 16 through this week’s high.
The analysts said that if the weaker upper support breaks, pressure builds toward the lower zone, and price would need to stabilize near the August 26 swing low to keep the bullish structure intact. A break below $90.46 would remove their bullish case entirely, opening the door to broader short-term downside beyond just an intraday dip.
On the upside, the group’s Fibonacci resistance projection places Solana’s next target near $133, contingent on the current support structure holding through the pullback.
Upside momentum has already begun slowing, with price action turning choppier below $110, and said a deeper pullback into the weekend looked likely even as the immediate micro support level had not yet broken at the time of recording.
What It Means for Traders
Solana’s next move hinges on a narrow band between $102 and $95. Holding above it keeps the path toward $133 open. Losing it shifts the focus toward the $90 zone, and a break below that would mark a more meaningful shift in trend for the token.
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