A Christmas gift for a broken ecosystemIn December 2022, Solana was in freefall. The collapse of FTX, an exchange with deep ties to Solana, had pushed $SOL down by roughly 96% from its all-time high. The token was changing hands near $8, and confidence in the ecosystem had all but evaporated.
Then, on Christmas Day, an anonymous team launched @bonk_inu and airdropped half the total supply of $BONK across the Solana community. The distribution reached roughly 297,000 Solana wallets, targeting NFT holders, traders, DeFi users, and developers. There was no presale, no venture funding, and no traditional whitepaper. The project was community-driven with no venture capital backing, governed by BonkDAO, and built around a deflationary burn mechanism.
The timing proved significant. The launch contributed to a sharp recovery in $SOL, with the token rising roughly 34% in 48 hours. SOL climbed back above $13 in the days that followed, snapping a streak of nine consecutive losing sessions.
Burns chip away at supply as the token moves onThe deflationary mechanics built into $BONK have continued to shrink its circulating supply since launch. The team burned its initial 5 trillion token allocation in the weeks after the airdrop. Subsequent community-led events have accelerated that process. The December 2024 BURNmas event removed 1.69 trillion BONK tokens, valued at over $51 million, from circulation. Circulating supply now sits around 88 trillion, down from the original 100 trillion.
The project currently boasts over 350 on-chain integrations and availability across 10 blockchain networks, having expanded well beyond its origins as a simple meme coin. The token's market cap sits around $264M, up nearly 29% this week, according to the original report.
The story of $BONK remains one of the more unusual chapters in crypto history: a no-frills, anonymous airdrop that landed at the right moment and gave a bruised ecosystem something to rally around.
Sources:
CoinGecko: Bonk (BONK) Overview
Bitstamp: What is BONK?
CoinLaw: BONK Coin Statistics
Memecoin trading on Solana just hit levels not seen since January, with weekly spot DEX volume surging past $5.2 billion in mid-August. The network that once seemed to be cooling off from its speculative heyday is heating up again, fueled by viral tokens, reactivated wallets, and platforms purpose-built for degeneracy.
As recently as late May, weekly memecoin volume on Solana had cratered to roughly $1.8 billion. That’s nearly a threefold increase in under three months.
The numbers behind the revival Solana processed a record 4.2 billion onchain transactions in July, representing a 13.5% jump from the prior month and up 91% compared to December 2025.
During the week of July 20-26, memecoins accounted for 29% of all spot DEX volume on Solana, the highest share since August 2025. On certain days, that figure briefly spiked to 42%.
The catalyst for the latest wave appears to be ANSEM, a memecoin that surged approximately 299% in a single week during July. Platforms like Pump.fun and its successor PumpSwap have been central to the action, channeling hundreds of millions in daily DEX volume, and have been instrumental in reactivating wallets that had gone quiet during the spring lull.
SOL’s price tells a different story Despite this explosion in trading activity, SOL itself has been trading around $96, largely unmoved by the frenzy happening on its own network. This decoupling between onchain activity and token price suggests that the current volume surge is driven primarily by speculation within the memecoin layer rather than fresh capital flowing into the Solana ecosystem itself.
What’s driving the speculation Back in January 2026, memecoin daily volumes on Solana were already hitting $1-2 billion before the mid-year correction brought everything down. Solana’s sub-cent transaction fees and near-instant finality make it uniquely suited for the kind of rapid-fire trading that memecoins demand.
Traders watching this space should keep an eye on two metrics: the memecoin share of total DEX volume, which at 29% is already elevated, and SOL’s price response to continued volume growth. If trading activity keeps climbing and SOL remains pinned near $96, it would reinforce the thesis that current demand is internally rotational rather than driven by new money entering the ecosystem.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
The rally in the cryptocurrency market has apparently whetted Solana degens' risk appetite as memecoins recently came back into the spotlight. Solana's memecoin market has seen a sharp surge, with weekly spot trading volume reaching $5.20 billion, its highest level since November 2025.
The surge extends beyond secondary-market trading. Solana launchpads processed roughly $169.3 million in bonding curve volume yesterday, August 25, reaching its highest level since January.
The rebound also coincides with a broader increase in Solana trading activity. Blockworks data shows Solana DEX volume reached roughly $21.2 billion last week, meaning memecoins represented about 25% of total DEX volume.
Solana Captures 85% of Memecoin Volume Solana's lead becomes clearer when compared with other major ecosystems. Ethereum recorded $9.6 billion in weekly spot DEX volume, but only $82.9 million came from memes, or about 0.9% of total volume.
BNB recorded $7.1 billion in weekly spot volume, with memes contributing $412.4 million, or roughly 5.8% of total volume.
Base generated $6.55 billion in weekly spot volume, while memes accounted for just $31.06 million, or roughly 0.5%.
Robinhood recorded $1.87 billion in weekly spot volume, with memes contributing $389.17 million, or about 20.8%.
Solana's $5.2 billion in meme volume dwarfs the other ecosystems. It represents about 12.6 times BNB's meme volume, 13.4 times Robinhood's, 62.7 times Ethereum's, and 167.4 times Base's. Across these 5 markets, Solana accounts for roughly 85% of combined weekly meme spot volume.
SocialFi Rivalry Fuels Memecoin Resurgence SocialFi is intensifying Solana's meme revival as fomo and Pump.fun compete for trader attention. According to Dune data, fomo posted a record weekly volume of $630.83m last week, with Solana accounting for about 44% of its activity.
Pump has responded with social features such as Callout Rewards, which pays users in $USDC when others trade the tokens they shill. Pump.fun has also acknowledged that it funds the rewards from its company treasury, reflecting the intensity of the competition.
Pump has also expanded into cross-chain trading, prompting concerns that it could weaken its Solana focus. Pump.fun cofounder Alon argues the move will instead serve as a user-acquisition strategy. Pump charges no fee on $SOL swaps, while cross-chain fees recently fell to 0.1% to cover bridging costs. Although the service may lose money initially, Pump expects users to eventually discover its Solana launchpad, where the company generates revenue.
The strategy reflects a broader race to control the social feed, token discovery process, and trading interface. More users and content could create a feedback loop that ultimately directs activity back to Solana.
Are Memes Solana’s Biggest Use Case? The renewed activity has revived an old debate about Solana's relationship with memecoins. Solana Foundation Chief Product Officer Vibhu Norby opined that “memecoins are the best and only appealing mainstream use case for crypto, and generate the vast majority of crypto REV”.
Superteam USA CMO Amy Street agreed with that sentiment, arguing that meme-driven FOMO is the only push driving large numbers of people to learn about crypto.
For now, the clearest signal is that traders have returned to Solana's “casino”, and they are launching and trading tokens at a pace not seen in months.
Read More on SolanaFloor $HEEBOO Public Sale Hits $1M in Deposits From 1,500 Backers On First Day
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AURA, a Solana-based memecoin built around the viral "aura points" internet trend, has surged roughly 50% in the past 24 hours to trade at around $0.0246. The token is now up more than 110% over seven days, with its market capitalisation climbing to approximately $23 million.
Riding a Cultural Wave The token draws its identity directly from a social media phenomenon that has grown steadily since the early 2020s.
AURA (contract address: solana:DtR4D9FtVoTX2569gaL837ZgrB6wNjj6tkmnX9Rdk9B2) attempts to turn that cultural moment into a community-driven token ecosystem on Solana. The combination of a recognisable meme identity and an interactive product layer has helped the token maintain community momentum beyond typical short-lived launches.
A History of Sharp Moves This latest rally is not the token's first brush with explosive price action. The token has previously demonstrated extreme sensitivity to external catalysts.
The current move appears to be driven by organic community momentum rather than a single external catalyst, with the seven-day gain suggesting sustained buying rather than a one-day spike. Even so, traders should treat the token with caution given the sector's track record.
Sources:
Yellow.com: AURA On Solana Surges As Meme Coin Speculation Returns
Merriam-Webster: Aura Slang Meaning
MEXC: What is AURA Coin? Complete Guide to Solana's Viral Culture Token
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Phygitals sealed and tokenized the 1997 magazine where One Piece began. Solana promoted the launch on Friday, and the first tokenized One Piece manga now trades onchain.
The issue carries the main characters’ debut appearance, which arrived before the first collected volume reached shops. Grading firms count only 118 copies worldwide.
Why the Tokenized One Piece Manga Is So ScarceThe manga One Piece, written by Eiichiro Oda, was initially published in the Shonen Jump magazine No. 34 of 1997. Readers treated the magazine as cheap, throwaway newsprint. Most copies, therefore, went straight to the bin.
Almost nobody expected a record. One Piece passed 600 million published copies worldwide in March. The publisher Shueisha announced the milestone on the jacket band of volume 114.
Scarcity then attracted forgers. Reprints and outright fakes of the issue flood resale sites, and an official 2017 reprint edition adds more confusion. Dealers now treat authentication as the main hurdle for buyers.
Authentication carries real money. Reference guides put ungraded first prints in the low hundreds, while graded slabs trade in a separate market. Heritage Auctions ran a Beckett-graded copy of the issue in March. Graders slab originals and reprints separately, which remains the only dependable tell.
That backdrop matters here. Phygitals, a Solana marketplace for vaulted physical collectibles, sealed one of the 118 graded copies inside a digital pack. Buyers skip the guesswork because the token points to an authenticated slab rather than a photo listing.
Solana amplified the drop from its own account on Friday. Phygitals called the release the first tokenized manga in history.
Solana Builds Out Its Collectibles MarketPhygitals backs every token with one graded item held in vault custody. Holders can request shipment at any point, and the platform then retires the digital copy. Trading cards built that model first, and manga now tests it.
Critics still flag the obvious weak point. A token only holds value while the custodian keeps the item safe and honors redemption. Provenance moves onchain, yet the paper never does.
Momentum sits on the other side of that argument. The RWA market cap jumped to $71 billion this month, while Ondo added tokenized stocks as collateral for leveraged trades. Solana itself posted a record onchain activity in August.
Japan sits close to this story, too. The Solana Foundation signed an SBI partnership in Japan in July to build yen-based onchain markets. Consumer apps have expanded as well, including a Solana prediction market launch inside Phantom.
Solana Price Performance. Source: BeInCrypto MarketsSOL trades near $107.21, up 5.9% on the day and 46.3% over the past month.
Manga has never had an onchain venue like this one. Trading cards took years to build real liquidity, and a single 1997 issue proves nothing yet. Anime fandom does, however, dwarf the sports card audience in raw size.
The next signal comes from bidders rather than from the announcement.
Robinhood’s L2 network is no longer just a talking point. Robinhood Chain recorded $2.66 million in app revenue over a single 24-hour window on August 31, per DeFiLlama data.
That put it ahead of Hyperliquid L1 ($1.70M) and Ethereum ($1.28M). Only Solana, at $5.07 million, ranked higher.
For HOOD investors tracking the company’s on-chain bet, that number carries weight.
Three Apps Drove 88% of the Revenue The figures are not distributed evenly across the chain. Three protocols did most of the work. GMGN, a Telegram trading bot, led with $803K.
Pons, a launchpad and swap platform native to the chain, contributed $632K. Uniswap added $235K, its fee switch on Robinhood Chain went live on July 27, 2026.
Together, these three apps made up roughly 88% of all app revenue on the chain that day.
That concentration is a double-edged point. It shows the chain can attract high-fee activity. It also shows that the revenue base is still narrow.
GMGN and Pons draw memecoin and launchpad flow, not the tokenized stock plumbing Robinhood has spent months pitching publicly.
Robinhood CEO Vlad Tenev acknowledged as much in a July X post, writing that the chain “works great for memes too.”
Separate from app revenue, the chain itself netted $495K in gas revenue, after subtracting Ethereum L1 costs and the 10% Arbitrum Expansion Program share (8% to the Arbitrum DAO treasury, 2% to developer guild).
The Arbitrum Foundation collected $44K from the chain that day. That split matters for HOOD holders: the chain’s net gas revenue flows toward Robinhood, not ETH stakers or Arbitrum broadly.
Context keeps the snapshot honest. Hyperliquid still leads over longer windows.
Its 30-day app revenue stands at $53.41M, against Robinhood Chain’s $23.23M over the same stretch.
Ethereum’s 30-day figure is $45.8M. The August 31 flip is a daily spike, not a structural reversal. That distinction matters for investors who may read too much into a one-day chart.
Wall Street has already been adjusting its view of HOOD. Robinhood’s Q2 earnings and Wall Street price-target cuts followed a quarter where crypto trading revenue fell 38% year-over-year to $100M.
The onchain app fee line is shaping up as the replacement narrative, a take-rate stack that operates outside the brokerage spread compression dragging on the core business.
Robinhood Chain’s Broader Ambition, and the Gap Still to Close Robinhood Chain launched on July 1, 2026, as an Ethereum L2 built on the Arbitrum Orbit stack. Chain ID is 4663.
Blocks finalize in around 100 milliseconds. ETH is the gas token. Vlad Tenev said the chain hit 100 million transactions faster than any other EVM chain ever had.
The official pitch is real-world assets. Robinhood has been pushing stock tokens and tokenized equity from day one.
Platforms to trade tokenized stocks are multiplying fast, and Robinhood positioned its chain as the infrastructure layer for that wave.
By late August, Stock Token DEX cumulative volume crossed $1.5 billion, per a Robinhood Crypto post on X.
The competition is moving too. Coinbase’s Deribit exchange rolling out stock perps in August signals that equity-linked onchain trading is now an institutional priority, not just a retail experiment.
Meanwhile, Kraken’s launch of unified US stocks and xStocks trading in Europe shows that distribution, not just infrastructure, is where the race is being run.
One friction point remains for the HOOD bull case. Stock Tokens on Robinhood Chain are not available to US persons.
Robinhood’s core user base, the one that drove $1.31 billion in Q2 2026 revenue, sits outside the chain’s current RWA reach.
Goldman Sachs and other banks remain broadly positive on HOOD and COIN for H2.
Goldman’s cautiously optimistic crypto market stance on COIN and HOOD reflects conviction that the onchain revenue narrative holds even as brokerage volumes compress.
For now, the August 31 data point gives bulls a clean headline. Robinhood Chain outran Ethereum and Hyperliquid on app revenue for a day.
Whether that becomes a recurring pattern, or fades with launchpad volume, will determine whether the chain moves the needle on HOOD’s earnings story.
For decentralized borrowing and yield, see our roundup of DeFi lending platforms.
Pump.fun has added full support for HyperEVM tokens to its trading app. Users can trade HyperEVM assets directly against USDC. HyperEVM trades carry a 0.1% fee, while Solana trading remains free. The expansion moves Pump.fun further beyond its original Solana launchpad model. Pump.fun has expanded its trading app to HyperEVM, allowing users to buy and sell HyperEVM-based tokens against USDC as the platform broadens its reach beyond the Solana ecosystem. The integration adds another execution environment to an app that increasingly resembles a multi-market trading interface rather than a product built solely around launching Solana memecoins.
The announcement was also highlighted by Wu Blockchain on X, which noted the difference between Pump.fun’s zero-fee Solana trading and the 0.1% fee applied across HyperEVM and several other supported markets.
Pumpfun Expands Beyond Solana With HyperEVM Token Trading
Pumpfun said its app now fully supports HyperEVM, allowing users to trade any HyperEVM token with USDC. The dominant Solana memecoin launchpad charges 0% trading fees on Solana and 0.1% on HyperEVM, Robinhood, BNB, Base… pic.twitter.com/sBkjqpuae0
— Wu Blockchain (@WuBlockchain) August 27, 2026
HyperEVM Gives Pump.fun Access to a Different Type of Liquidity The significance of the integration is less about adding another blockchain to a supported-networks list and more about where HyperEVM sits within the Hyperliquid ecosystem.
HyperEVM provides an Ethereum-compatible execution environment connected to Hyperliquid’s broader infrastructure. For Pump.fun, supporting tokens issued there creates another route for attracting traders who may previously have had little reason to use an application primarily associated with Solana.
The USDC trading pair is equally relevant. Rather than requiring users to move into a network-specific volatile asset before trading, Pump.fun can provide a dollar-denominated route into HyperEVM tokens.
That reduces one layer of friction for users moving capital between ecosystems.
Pump.fun also said HyperEVM trades qualify for its callout rewards, extending an incentive system already used to encourage activity inside the app.
The Fee Structure Reveals Where Pump.fun Is Willing to Subsidize Trading Pump.fun currently charges 0% trading fees on Solana, while HyperEVM transactions carry a 0.1% fee. The same 0.1% rate applies to several other markets supported through the app, including Robinhood-linked assets, BNB and Base.
The difference provides some insight into the platform’s priorities.
Free Solana execution helps Pump.fun defend the ecosystem where it built its original user base and where competition for retail token trading is particularly intense. Charging on newer markets allows the company to monetize expansion without immediately abandoning the zero-fee proposition at home.
Pump.fun Extends Its Trading Model Beyond Solana The HyperEVM integration adds another market to an app that is becoming less dependent on Solana-only activity. The structure is straightforward:
HyperEVM trading: Users can trade any supported HyperEVM token directly against USDC through the Pump.fun app. HyperEVM fee: Trades carry a 0.1% fee, giving Pump.fun a direct revenue stream from activity on the network. Solana fee: Trading remains at 0%, allowing Pump.fun to maintain a more aggressive pricing model in its core market. Other markets: The 0.1% fee also applies to Robinhood, BNB, Base and other supported markets, according to the information shared by Wu Blockchain. Callout rewards: HyperEVM trading is eligible for Pump.fun’s existing callout rewards program. The difference between the Solana and HyperEVM fee structures provides some insight into Pump.fun’s priorities. Free Solana execution helps the platform defend the ecosystem where it built its original user base, while charging on newer markets creates a way to monetize expansion without immediately changing the economics of its core product.
At sufficient volume, that distinction becomes meaningful. Pump.fun would no longer depend as heavily on activity surrounding newly launched Solana tokens, since trading conducted through other supported networks could contribute directly to transaction-fee revenue.
A 0.1% charge may appear small in isolation, but its economics become more meaningful if Pump.fun succeeds in routing substantial volume through multiple networks. Revenue would then depend less heavily on activity surrounding newly launched Solana tokens and more on the trading behavior of users across the app.
Why Moving Beyond Solana Changes Pump.fun’s Business Model Pump.fun originally solved a narrow problem: making it extremely easy to create and trade new tokens on Solana. That simplicity helped it attract large amounts of speculative activity, but it also tied the business closely to conditions inside a single ecosystem.
Supporting HyperEVM changes that dependency at the margin.
A multi-chain trading interface can monetize users even when they move their capital from one network to another. Instead of losing a trader when attention shifts away from Solana, Pump.fun can attempt to keep that user inside its own application while changing the underlying venue.
This is a different competitive objective from simply operating the largest token launchpad.
The app increasingly competes at the distribution layer, where wallets, aggregators and trading interfaces fight to become the place through which users access assets regardless of the network underneath them.
That distinction also explains why the integration may matter to HyperEVM. New chains and execution environments need more than liquidity. They need distribution. An established consumer-facing interface can expose HyperEVM tokens to traders who otherwise might never interact directly with the network’s native applications.
Hyperliquid’s Growth Makes the Timing More Relevant The integration arrives while activity around the broader Hyperliquid ecosystem remains elevated. HYPE was trading around $81.56 in the latest market snapshot, up approximately 13.3% over seven days, with a market capitalization near $20.5 billion.
Bitcoin, by comparison, was near $79,700 while Ethereum traded around $2,520 and Solana near $103.89.
Those prices do not directly determine demand for HyperEVM tokens, but Hyperliquid’s growing market footprint gives applications a stronger commercial reason to integrate its ecosystem. Pump.fun is effectively positioning itself to capture some of that activity without requiring traders to leave its existing interface.
The next useful metric will therefore be volume rather than the number of supported tokens. If meaningful HyperEVM trading begins flowing through Pump.fun, the integration would provide evidence that its Solana audience can be converted into a broader multi-chain user base. If activity remains concentrated on Solana, HyperEVM will function primarily as additional distribution rather than a material change in the platform’s revenue mix.
When a tenant starts making more money than the landlord, something interesting is happening. Pump.fun, the memecoin launchpad that has become Solana’s most profitable application, now generates more than twice the monthly revenue of Solana itself, a milestone that reframes how the industry thinks about where value actually accrues in a blockchain ecosystem.
As of late August 2026, Pump.fun’s trailing 30-day revenue sits between $42M and $51M, with weekly figures peaking at $14M, the highest weekly number recorded since February 2026. Annualized, that puts the platform on a run rate somewhere between $460M and $500M per year from a single application built on top of someone else’s network.
How a memecoin factory became a billion-dollar business Pump.fun launched on January 19, 2024, with a simple value proposition: make it trivially easy to create and trade memecoins, then take a small cut of every transaction.
Since launch, the platform has crossed $1.259B in cumulative revenue, making it the first application on Solana to clear the $1B mark and one of the highest-earning protocols in all of crypto. That figure, earned across roughly 19 months, reflects consistent, high-volume trading activity over a sustained period.
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Revenue comes from multiple sources. Token creation fees, trading activity routed through PumpSwap, the platform’s native automated market maker, and ancillary service charges all feed into the total.
Roughly half of all fees collected are funneled directly into automated buybacks and burns of the PUMP token. Total buybacks have exceeded $429M, which has eliminated approximately 28.6% of the circulating supply.
Outpacing Hyperliquid and expanding beyond Solana Pump.fun’s revenue lead isn’t limited to Solana comparisons. In certain 7-day and 30-day windows, the platform has also outpaced Hyperliquid, the perpetuals exchange that has itself been celebrated as one of crypto’s most impressive fee-generating protocols.
The platform has also begun reducing its dependence on any single chain. Smaller deployments now operate on Base, Binance Smart Chain, and Ethereum. In August 2026, the platform rolled out a feature called Callout Rewards and cut trading fees, moves designed to deepen user engagement and lower the cost of participating in the ecosystem.
What the revenue gap between app and chain actually means The fact that Pump.fun generates more than twice Solana’s monthly revenue is a reasonable outcome in a maturing ecosystem. Solana collects fees at the base layer, which are structurally lower than application-layer fees because validators compete on cost to attract transactions. Applications, by contrast, can charge whatever the market will bear for their specific product.
The PUMP token buyback program adds another layer to watch. With $429M already burned and the platform still operating at peak revenue, the deflationary pressure on supply is compounding.
Callout Rewards, the new engagement feature introduced in August 2026, also represents a bet on community stickiness. Platforms that tie financial incentives to social participation tend to generate retention loops that are hard to break, even when market conditions cool.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Charles Schwab has announced plans to expand its cryptocurrency offerings by adding Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) to its Schwab Crypto platform in the coming months. The brokerage currently allows trading in Bitcoin (BTC) and Ether (ETH), and the expansion will increase its available digital assets from two to five. This move will provide Schwab’s approximately 39 million clients the option to trade these additional tokens within the same platform they use for stocks and ETFs.
Platform expansion and new assetsSchwab introduced its crypto spot trading service for retail clients in May 2026. The company stated that the new addition aims to meet increasing client demand for established cryptocurrencies. While Schwab has not given a precise launch date for Solana, Avalanche, and Chainlink, it indicated that trading will be open in the coming months.
Joe Vietri, Head of Digital Assets at Charles Schwab, emphasized that the expansion is designed to offer clients greater flexibility in constructing their portfolios. Vietri explained that customers can now “build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab.”
With this expansion, clients will have more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab.
The company plans to maintain its transaction pricing at 75 basis points, or 0.75% of each trade’s dollar value, describing this as one of the lowest fees among major brokers.
Infrastructure, custody and access limitationsAsset custody for Schwab Crypto accounts is handled by Charles Schwab Premier Bank, while trade execution is managed through Paxos, a blockchain infrastructure provider regulated by the Office of the Comptroller of the Currency.
However, access to Schwab Crypto is currently unavailable to residents of New York and Louisiana and is not accessible outside the United States.
Mini dictionary: Paxos is a New York-based blockchain infrastructure company that provides digital asset issuance and settlement services. It operates under US regulatory oversight and partners with financial institutions for regulated trading.
The impact of Schwab’s entry for SOL, AVAX, and LINKCharles Schwab manages more than $12 trillion in client assets, making it one of the largest brokerage firms in the United States. The decision to list SOL, AVAX, and LINK is expected to increase these tokens’ reach and appeal beyond the traditional crypto user base, bringing them to a broader retail audience.
The three tokens recorded price increases after the news went public. Solana traded near $107, an 11.6% rise within 24 hours. Chainlink rose to approximately $11.9, up 6.3%. Avalanche also climbed by over 4%, reaching $7.50, according to CoinMarketCap data.
Token24h Price ChangeCurrent PriceSOL (Solana)+11.6%$107LINK (Chainlink)+6.3%$11.9AVAX (Avalanche)+4%$7.50Schwab’s latest move marks a cautious expansion into digital assets. The company previously started its crypto platform with only Bitcoin and Ether, reflecting a careful approach while it evaluated marketplace risk and demand. Schwab asserts that the list of available tokens will continue to grow, but each addition remains subject to regulatory requirements and the company’s risk guidelines.
Cautious approach to cryptocurrencyCharles Schwab has previously described cryptocurrencies as speculative and high-risk in its reports, noting that digital assets can significantly influence portfolio volatility even at low allocation levels of 1% to 3%. The company also warns clients that these assets are not FDIC insured or SIPC protected and may lose their entire value.
Schwab’s disclosures state that digital assets are not covered by FDIC or SIPC insurance, and significant losses are possible.
While the company’s latest development brings more options for investors, Schwab maintains the right to delay or withdraw any token listing depending on regulatory changes or additional risk assessments.
Charles Schwab said Thursday it will add Solana, Avalanche and Chainlink to its retail crypto platform, and SOL rose 12.9% to lead the ten largest tokens. Ethena gained 21.9% after its research team proposed routing 95% of net revenue into ENA buybacks.
Bitcoin traded above $80,000 on Thursday as Charles Schwab told clients it will widen the list of tokens available in Schwab Crypto accounts, giving Solana, Avalanche and Chainlink access to a retail brokerage that has offered only bitcoin and ether since May.
The three named tokens outpaced the two Schwab already carries. SOL gained 12.9%, Chainlink 5.5% and Avalanche 3.6%, against 2.1% for bitcoin and 1.5% for ether. U.S. spot Solana ETFs have taken in $1.23 billion since launch and drew $3.6 million on Wednesday.
Bitcoin last changed hands at $80,020, up 2.1% over 24 hours and 10.4% over seven days, after trading between $78,294.85 and $80,793.49, CoinGecko data shows. It closed at $79,018 on Wednesday and had not settled above that level in the prior five sessions. Ether was at $2,504, up 1.5% on the day and 8% on the week. XRP added 6% to $1.46; Solana rose 12.9% to $109.13; BNB gained 1.6% to $710.12. Total crypto market value stood at $2.79 trillion, up 2.22% over 24 hours, on $99.4 billion of volume, with bitcoin dominance at 57.6%.
Among the 100 largest tokens, 71 are neither stablecoins nor tokenized funds or commodity tokens, and 63 of those rose on the day. Across the 150 largest, 16 non-stablecoin tokens declined.
The Crypto Fear & Greed Index read 71, or greed, on Thursday, against 65 on Wednesday and 41 on Aug. 18, according to Alternative.me.
Three New TickersSchwab said in a press release on Thursday that Solana, Avalanche and Chainlink will become available in Schwab Crypto accounts in the coming months. The platform has carried bitcoin and ether since its rollout in May, which The Defiant covered at launch.
"These additions are consistent with our approach to provide clients with access to familiar cryptocurrencies backed by an ecosystem of education, tools, resources, and support to make informed decisions about how crypto might fit into their broader investing goals," said Joe Vietri, Head of Digital Assets at Charles Schwab.
The release gives no date and no client or asset figures. Schwab has separately told advisors it is targeting mid-2027 for spot trading and custody in its registered investment advisor channel, which The Defiant reported this year.
SOL traded between $96.47 and $109.67 over 24 hours on $7.43 billion of volume, its market value at $63.7 billion. Chainlink was at $11.89, up 5.5% on the day and 11.7% on the week. Avalanche was at $7.50, up 3.6% and 4.5%.
Ethena Wants 95%Ethena's research team posted a proposal to activate the ENA fee switch on the Ethena governance forum at 1:59 p.m. UTC on Thursday, and ENA rose 21.9% to $0.1669 on $1.79 billion of volume, its largest one-day gain among the 150 biggest tokens after VeChain.
The post ties the size of the buyback to the supply of Ethena's synthetic dollar. "the share of protocol revenue directed to ENA buybacks increases at each USDe circulating supply milestone," it reads. Once the first milestone is reached, "95% of the net revenue from each of these business lines...would be directed to ENA buybacks." The named business lines are USDe savings, whitelabel stablecoins and a third the post calls Ethena [X].
Buybacks do not begin on approval. "These milestones will be subject to an ENA tokenholder vote, which will follow immediately after this post," the proposal says, and no vote link had been posted in the thread as of Thursday afternoon.
USDe circulating supply stands at $4.05 billion, DefiLlama data shows, against the ">$6bn" supply threshold, one of three conditions the Risk Committee set in its November 2024 fee switch parameters. Ethena holds $4.49 billion of total value locked and generates $310 million of annualized fees, of which $5.3 million currently reaches the protocol as revenue.
The Defiant covered the first attempt to switch on the fee in September 2025 and Wintermute's original call for revenue sharing.
Solana Validators VoteSolana's first on-chain validator governance vote covers three proposals filed to the Solana Foundation's governance repository: SGP-0001, a Solana constitution authored by Nick Almond of Jito and Tushar Jain of Multicoin; SGP-0002, which raises the disinflation rate from -15% to -30% and cuts emissions by about 18.9 million SOL over six years; and SGP-0003, which endorses a base inclusion fee plus a fully burned resource fee.
The repository's stated policy requires no minimum turnout and sets passage at two-thirds of For plus Against stake, with a three-epoch voting period. The governance FAQ states a one-third quorum and counts abstentions in the denominator. No tally has been published.
Solana Company, the Nasdaq-listed treasury vehicle, disclosed its positions on Aug. 21: for SGP-0001, against SGP-0002 and against SGP-0003. "We strongly believe that institutional adoption is a critical driver of Solana's growth, and institutions make decisions based on consistent, predictable structures," Chairman and CEO Joseph Chee said in the statement.
DeFi Development Corp. said Thursday morning it bought about 19,000 SOL at an average $98.14, taking its holdings to roughly 2,333,432 SOL and SOL equivalents, according to its release. The purchase is worth about $1.9 million.
Hedges Roll Off FridayBitcoin options expire on Deribit on Friday, and one market maker says the hedging around that expiry has been adding to the advance.
"Around $6.4bn of Bitcoin options settle on Deribit on Friday, with max pain near $69,000 and spot some 13% above it. Most of the open interest is in calls, so the desks that sold them have been buying spot to stay hedged as price rises. That buying isn't a view on the market, it's an obligation, and it has been adding to the move rather than capping it," said Martin Lee, Market Insights Lead at DWF Labs, in emailed comments.
"The larger event is still the September quarterly, which carries around 65% more open interest and expires in the same week as the Senate's procedural vote on the market structure bill and the Fed decision," Lee said.
Lee's note also said core PCE arrives Friday. The Bureau of Economic Analysis published the July report on Wednesday. The PCE price index rose 0.2% on the month and 3.7% over 12 months, and the core index rose 0.2% and 3.3%, according to BEA.
The Defiant could not independently confirm the $6.4 billion notional or the $69,000 level. A partial read of Deribit's public order book summary for the Aug. 28 expiry showed larger open interest in puts than in calls.
The Kansas City Fed's Jackson Hole symposium runs Aug. 27-29 on the theme "Financial Innovation: Implications for Payments and Policy." The bank has not published a program or speaker list.
Polymarket put the odds of no change at the Sept. 15-16 meeting at 68% and a quarter-point increase at 31%, against 1.1% for a cut, on $54.7 million of volume. Senate cloture on the CLARITY Act ripens Sept. 15, and The Defiant reported this month that traders had pushed passage odds into 2027.
ETFs Keep BuyingU.S. spot bitcoin ETFs took in $232.2 million on Wednesday, bringing the week to $884.1 million, according to Farside Investors. BlackRock's IBIT accounted for $200.8 million of Wednesday's total and Grayscale's GBTC lost $50.4 million. Spot ether ETFs took in $192.4 million on Wednesday and $487.8 million over the three sessions. Thursday's figures publish after the U.S. close.
Spot Solana ETFs took in $3.6 million on Wednesday, down from $32.2 million on Tuesday and $33.5 million on Monday. Cumulative net flow into the six funds stands at $1.23 billion.
DeFi total value locked rose 1.91% over 24 hours to $88.94 billion, DefiLlama data shows. Stablecoin supply grew 0.78% over seven days to $303.9 billion and 0.41% over 30 days, adding roughly $2.4 billion on the week.
Treasury yields were little changed. The 30-year closed at 5.18% on Wednesday and the 10-year at 4.66%, against 5.23% and 4.70% on Monday, Treasury data shows. The two-year held at 4.19%. Thursday's rates publish after the close. The S&P 500 rose 0.72% to 7,730.99 and the Nasdaq Composite gained 1.57% to 26,541.35. The SPDR Gold Shares ETF added 0.27%.
VeChain Runs Without NewsTokenPrice24h7dVeChain (VET)$0.007230+24.1%+41.3%Ethena (ENA)$0.1669+21.9%+55.6%Official Trump (TRUMP)$2.57+15.8%+54.8%Solana (SOL)$109.13+12.9%+25.5%Lighter (LIT)$3.73+12.4%+40.6%Ribbita by Virtuals (TIBBIR)$0.2743+9.9%+19.1%VeChain was the largest gainer among the 100 biggest tokens, and no dated announcement accompanied the move. The most recent post on VeChain's site is dated Aug. 6 and covers VIP-255, an upgrade the project calls Interstellar that packages 11 Ethereum improvement proposals; voting on it ran Aug. 10-17 and the activation block is set for September. VTHO, the gas token minted by holding VET, rose 8.2% over the same 24 hours against VET's 24.1%.
Official Trump rose 15.8% with no project news. The token is 96.5% below the $73.43 it reached in January 2025 and set a record low of $1.37 on Aug. 13.
Lighter's LIT extended its run to 40.6% over seven days. Founder Vladimir Novakovski holds one of the 43 seats on the CFTC's Innovation Advisory Committee, which met for the first time on Aug. 20; the agency has published nothing since a readout on Aug. 21, and neither Lighter nor the CFTC has announced a U.S. perpetuals offering. Lighter processed $16.15 billion of perpetual volume over seven days against $633 million of total value locked, third among perpetual DEXs behind Hyperliquid and Aster.
Kamino's KMNO rose 19.6% and Cash Cat 18%, both outside the 150 largest tokens.
Stacks Gives BackTokenPrice24h7dStacks (STX)$0.2531-5.2%+80.6%Bitway (BTW)$0.3985-3.5%+0.7%JUST (JST)$0.09696-3.5%-9.1%Canton (CC)$0.1121-3.1%+11.8%Beldex (BDX)$0.08014-1.2%-1.8%HTX DAO (HTX)$0.051693-0.9%-2.4%Stacks was the largest decliner among the 150 biggest tokens after an 80.6% week, alongside Falcon Finance's FF at 5.8%. No adverse announcement accompanied the decline. Stacks said Thursday that HashKey Cloud will take part in the first Bitcoin Staking Genesis Bond, and announced BitGo support for sBTC on Tuesday and Fordefi custody on Monday.
"HashKey Cloud brings the largest institutional staking operation in Asia into Bitcoin Staking, and that is exactly the kind of participant the Genesis Bond is built for," said Muneeb Ali, Founder of Stacks. "Institutions want their Bitcoin to earn Bitcoin without giving up custody or moving it off the base layer."
The Genesis Bond launches around Sept. 10 and starts at Bitcoin block 966,350, according to Stacks. Dual stacking ends at the same block. Restaking participation stood at 88% of STX after the PoX-5 upgrade went live on July 31.
Canton, the largest token to fall, has no announcement dated this week. JUST and HTX DAO, both on Tron, were down over seven days as well.
Prices and market data as of 4:45 p.m. ET on Aug. 27, 2026.
Charles Schwab plans to expand its crypto trading offering by adding spot trading for Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) to its Schwab Crypto platform, according to a statement on Thursday.
Charles Schwab to roll out SOL, AVAX, LINK trading for customersThe financial services firm announced that clients will be able to buy and sell SOL, AVAX and LINK in their Schwab Crypto accounts in the coming months. The additions will expand its crypto platform that already offers direct access to Bitcoin (BTC) and Ethereum (ETH) trading.
Schwab Crypto began rolling out digital assets trading to clients in May 2026, marking the company's broader push into the digital asset market. The latest additions are part of its plans to gradually expand its cryptocurrency offering with established digital assets that align with client demand.
"With this expansion, clients will have more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab," said Joe Vietri, Head of Digital Assets at Charles Schwab.
Vietri added that the new listings align with the firm's approach of providing access to familiar cryptocurrencies while offering investors education, tools and other resources to help them make informed decisions.
Schwab Crypto allows clients to view and trade cryptocurrencies alongside their traditional investments through Schwab.com, the Schwab Mobile app and the thinkorswim trading platform.
The firm charges 75 basis points on the dollar value of each crypto trade, which it described as among the lowest pricing in the industry.
The addition of SOL, AVAX and LINK will further broaden the range of cryptocurrencies available through the platform following the introduction of Bitcoin and Ethereum trading earlier this year.
Schwab added that it intends to continue expanding Schwab Crypto over time, with additional digital assets expected to be added to the platform.
US financial companies expand crypto services for institutional clientsCharles Schwab's announcement comes as major US traditional financial institutions continue to adopt different approaches to crypto products.
JPMorgan Chase expanded its institutional digital asset services, including custody and blockchain-based wholesale settlement through JPM Coin.
Goldman Sachs and Morgan Stanley have primarily provided wealthy and institutional clients with crypto exposure through investment products, private wealth management services and spot Bitcoin exchange-traded funds (ETFs).
Meanwhile, State Street and BNY Mellon have focused on building institutional digital asset infrastructure, including cryptocurrency custody and administration services.
Solana, Chainlink and Avalanche are popular for their real-world asset tokenization initiatives with traditional financial institutions, fintech companies and real-world applications.
The move also comes amid a recovery across the broader crypto market, with SOL, AVAX and LINK also rising 13%, 6% and 4% in the past 24 hours at the time of writing.
The brokerage will open SOL, AVAX, and LINK trading to nearly 40 million brokerage accounts in the coming months, its first token additions since launching with bitcoin and ether.
Original Image Credits: CLS Digital Arts / Shutterstock.com
Posted August 28, 2026 at 6:34 am EST.
Charles Schwab announced plans on Thursday to add Solana, Avalanche, and Chainlink to Schwab Crypto, the first expansion of the platform’s token list beyond bitcoin and ether. The company said the three assets will be available for clients to buy and sell in the coming months and gave no firmer date.
Schwab Crypto operates through Charles Schwab Premier Bank, SSB, and charges 75 basis points on the dollar value of each trade. Schwab presents the rate as competitive, though crypto-native exchanges generally charge less. Accounts are unavailable in New York and Louisiana and in US territories. Joe Vietri, Schwab’s head of digital assets, said the additions give clients “more choices to build a digital asset allocation” alongside the investing and banking services they already use.
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Distribution is what makes the listing matter. Schwab held $13.04 trillion in client assets and 39.9 million active brokerage accounts at the end of July, so shelf space here reaches retirement and advisory money that has never opened an account at Coinbase or Kraken. For SOL, AVAX, and LINK, that is a change in the composition of the buyer base rather than a short-term trading catalyst.
Schwab has been layering on crypto exposure across products: it began rolling out spot bitcoin and ether trading earlier this year, added 24/7 crypto futures on bitcoin, ether, solana, and XRP through thinkorswim in June, and is preparing S&P 500 event contracts with Cboe.
And Schwab said it will keep adding cryptocurrencies and digital assets over time. Its disclosures still describe digital currencies as purely speculative instruments that are not deposits, not FDIC insured, and not protected by SIPC.
Related Listen: Should Tokenized Stock Only Come From Issuers? Yes, Says Carlos Domingo
AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.
In brief Schwab plans to add Solana, Avalanche, and Chainlink trading “in the coming months.” Schwab Crypto began rolling out with Bitcoin and Ethereum in May. Eligible clients pay a 0.75% fee on each crypto trade. Financial services giant Charles Schwab said Thursday that it plans to add Solana, Avalanche, and Chainlink to its crypto trading platform “in the coming months,” expanding beyond Bitcoin and Ethereum, though it did not give a launch date.
The additions come about three months after Schwab began rolling out direct Bitcoin and Ethereum trading to select retail clients. Before then, customers could get crypto exposure through exchange-traded products and shares of companies such as Coinbase and Strategy, but could not buy cryptocurrencies directly.
Myriad: Solana's next price move? Click to make your prediction.“With this expansion, clients will have more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab,” Joe Vietri, Schwab’s head of digital assets, said in a statement. “These additions are consistent with our approach to provide clients with access to familiar cryptocurrencies backed by an ecosystem of education, tools, resources, and support to make informed decisions about how crypto might fit into their broader investing goals.”
Solana is designed for fast, inexpensive transactions and hosts apps for trading, payments and gaming. Avalanche allows businesses and developers to create blockchains tailored to specific apps. Chainlink connects blockchains to outside information, supplying smart contracts with data such as asset prices.
Schwab said clients will be able to buy and sell the cryptocurrencies on its website, mobile app and thinkorswim trading platform. Each trade will carry a fee of 75 basis points—financial shorthand for 0.75%, or $7.50 on a $1,000 transaction—which Schwab described as among the industry’s lowest.
In 2024, the company said it would enter the market once U.S. regulations offered a clearer path. It confirmed plans to start with Bitcoin and Ethereum in April 2026, followed by a phased client rollout in May.
The company is also considering other digital-asset products. CEO Rick Wurster said in 2025 that Schwab wanted to explore offering a dollar-pegged stablecoin, though it has not announced one.
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An attacker drained over $653,000 from card collateral vaults at Avici, a Solana neobank whose own documentation promised that only a user’s wallet could ever move that money.
The token Avici (AVICI) has since fallen by about 40% to $0.24. The sum taken equals close to a fifth of its entire market value.
AVICI Price Performance. Source: CoingeckoWhat the Avici Exploit BrokeAvici sells a Visa credit card backed by USDC. Users lock the stablecoin in a smart contract, and spending draws it down. Third National issues the card, not Avici.
“Only user’s wallet can withdraw funds from escrow contract after deducting the spends,” the company’s documentation states, indicating who holds the keys.
On Friday, the vaults emptied anyway, with a live tracker counting $653,548 pulled out as of this writing
Avici Attack. Source: Live TrackerSelf-custody set out who could not take the money. It did not remove every privileged path written into the program itself. That gap is where the funds went.
On-chain researchers say the attacker submitted a crafted signature bundle, made itself an admin on the escrow accounts, then withdrew. Avici has not confirmed that method.
more info on the ongoing @avici hack ⚠️
> drain started 2 hours ago (5PM UTC) and is still ACTIVE !!
> over $1M exploit confirmed so far
> over 9000 users affected so far
> exploiter wallet address: FVNFzqAny8spWdPmYw6RQ9TkYa29ueFFiqCFD1gQnCEj
> hacker transferred out over $1M… https://t.co/jG4iXbda1i pic.twitter.com/IHLmkPN10B
— inno (@inno_sol) August 28, 2026
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Why This Is Not a Treasury HackEach customer holds a separate escrow contract. So the money was left account by account. There was no single pot to empty.
It suggests a familiar pattern, such as when a Solana governance attack took $20 million from one BONK DAO treasury in a single stroke.
Associated tokens rarely shrug such incidents off, which is why the AVICI token fell almost 40%. In the same way, a bridge breach sent Midnight’s token to a record low in July.
Midnight (NIGHT) Token Price Performance. Source: BeInCrypto MarketsAvici has said only that it is aware of an issue affecting card balance withdrawals. No post-mortem has followed.
We’re aware of an issue affecting card balance withdrawals and are closely monitoring the situation.
We’re working directly with all relevant partners to resolve it and will share updates as soon as we have more information.
— Avici (@avici) August 28, 2026
The company has not said whether the remaining vaults can still be called, or whether card settlement with Third National is affected.
Iran's Foreign Ministry: Vows to Resolutely Respond to Any Military Aggression by the Enemy
Iran's Foreign Ministry announced that Iran's armed forces launched an attack on a U.S. military base in Jordan in retaliation for the U.S. strike on Iran's Larak Island. The ministry emphasized that Iran's armed forces will not hesitate to exercise their inherent right to self-defense and will take appropriate, resolute responses to any military aggression by the enemy. The U.S. strike on parts of Larak Island violated Iran's national sovereignty and territorial integrity, and constituted a clear violation of the UN Charter. It called on the UN Security Council and the UN Secretary-General to fulfill their duties to maintain international peace and security and hold the aggressor accountable. Iran's Foreign Ministry also stated that the U.S. and all parties supporting its military operations bear full responsibility for the consequences of the escalating situation. It further noted that the U.S. base in Jordan was used to launch and support the attack on Larak Island, adding that the U.S.'s new act of aggression, along with the ongoing impacts of its maritime blockade and economic war against Iran, are the full responsibility of the U.S. and all parties involved in planning and executing the relevant actions. Earlier reports showed that Tasnim News Agency cited Iran's military as claiming to have launched dozens of drones at the UAE's Al Minhad Air Base. Separately, Iran's state television reported that the Iranian military carried out a drone attack on the Al Minhad Air Base in the UAE earlier on Monday.
7 minutes ago
Latest Assessment by US VCs After China Visit: AI Capabilities Need to Cross the Pacific Twice to Be Sold to US Clients
Beating AI Insight News Brief: U.S. venture capital firm Dimension spent a week in China, visiting AI labs, investors, and founders, then wrote a 5-page internal letter to its limited partners (LPs). The firm previously conducted research in Shanghai last year; this trip covered Beijing and Shanghai, with the goal of recalibrating its assessment of China’s AI sector. A key finding highlighted is that China’s open-weight models have entered the production pipelines of U.S. AI companies. For example, Cursor’s Composer 2 was further trained on Kimi K2.5, while legal AI firm Harvey’s Tenet model underwent post-training on Kimi K3. Dimension summarized this cross-Pacific value chain as a "two-way trans-Pacific flow": U.S. labs first train cutting-edge models, Chinese labs absorb these capabilities and release open-weight models, then U.S. application companies further train on the Chinese models to build products sold to U.S. enterprises. However, despite surging usage, revenue has not accrued proportionally to Chinese model firms. Dimension summed this up in one sentence: "China is getting Western workloads, not Western revenue." Open-weight models can be deployed across multiple platforms, with U.S. inference firms like Fireworks, Baseten, and Modal capturing the bulk of service fees. Chinese models drive down costs, ultimately benefiting U.S. cloud providers, inference platforms, and AI application companies as well. Dimension’s final assessment is that it is no longer feasible to simply split China and U.S. AI into two separate systems. Hardware like chips is being decoupled: the U.S. faces constraints from power and grid infrastructure, while China lacks advanced chips. Yet models, data, inference services, and software frameworks continue to flow across borders. Debating "which side is winning the China-U.S. AI race" in simplistic terms no longer reflects the real industrial chain.
7 minutes ago
Midday close of A-shares: The Shanghai Composite Index fell 0.2%, and the ChiNext Index dropped 1.29%.
This morning session of A-shares saw the three major indexes open lower, rebound in volatile trading, then retreat toward the end of the session. By midday close, the Shanghai Composite Index fell 0.2%, the Shenzhen Component Index dropped 1%, and the ChiNext Index declined 1.29%. The AI corpus sector moved higher amid volatility. The combined turnover of Shanghai and Shenzhen bourses in the morning session was approximately 1.31 trillion yuan, a decrease of around 112.1 billion yuan from the same period of the previous trading day.
7 minutes ago
Hyperliquid launches PONS perpetual contract, now trading at $0.33.
According to official announcements, Hyperliquid has launched Pons (PONS) perpetual contracts, with a maximum leverage of up to 3x. The current mark price is 0.32999, and the contract open interest stands at $524,866. The current funding rate for the PONS contract is -0.0823%.
7 minutes ago
Russia's crypto trading volume is projected to reach $46.43 billion in its first year.
According to TASS, Anatoly Popov, deputy chairman of Russia's Sberbank, said Russia's cryptocurrency trading volume is expected to top 4 trillion rubles (around $464.3 billion) in its first year, and could hit 7.5 trillion rubles (about $870.6 billion) by 2029. Popov noted that data from Russia's Ministry of Finance shows as of February this year, Russia's daily cryptocurrency trading volume was roughly 50 billion rubles, translating to an annual volume of about 18 trillion rubles. SberCIB investment research analysts, taking a more conservative stance, project that after cryptocurrency is legalized, roughly 20% of the annual trading volume — equivalent to 3.5 trillion to 4 trillion rubles — will be executed on trading platforms in the first year. This figure is forecast to rise to between 4.75 trillion and 5.25 trillion rubles by 2028, and reach 7.5 trillion rubles by 2029.
7 minutes ago
美国银行：上周创2025年10月以来加密基金最大单周流入记录
According to data from Bank of America, crypto funds recorded $3.2 billion in inflows last week, the largest single-week inflow since October 2025.
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Rockstar Games broke its silence on the GTA 6 leaks on Wednesday, calling the past week heartbreaking for its team. The studio said the November 19 release date still stands.
The message lands one day before a Netflix extended look that aims to reset the story. Take-Two Interactive stock closed at $232.93 on Tuesday, down 0.24%.
Rockstar Apologizes as GTA 6 Leaks Spoil the RevealThe studio opened with an apology instead of a defense. Rockstar told players it never wanted them to see the game this way, and it thanked fans who sent messages of support.
More telling, however, was a parenthetical aside about development progress.
“We are very sorry that everything has taken as long as it has … from getting the game finished (nearly there!) to sharing more details and official gameplay.”
That line is the clearest status update Rockstar has offered since the delay. Meanwhile, the studio admitted that spoilers may now dull the experience it designed.
Rockstar also flagged a second slip. The extended look took longer to get ready than the team wanted, a rare hint at internal timing pressure.
The leaks began on Aug. 18 and never let up. Clips showed protagonist Jason shooting hoops, flying a plane and triggering a six star wanted level, alongside map images of the fictional state of Leonida.
Take-Two Interactive Software Stock Chart. Source: TradingViewInvestors had already priced in the damage. Take-Two lost $2.83 billion in market value across two sessions, and the stock sits 9.61% lower for the year.
The stakes reach beyond one publisher. Console makers raised hardware prices this summer while positioning for the biggest launch in gaming.
Take-Two Turns to the Courts and NetflixLegal pressure escalated first. On August 20, Take-Two filed two subpoenas in the Southern District of New York, naming Microsoft and Discord.
The filings demand device identifiers, login IP addresses, phone numbers, and linked accounts for members of three Discord servers since June 1. Both companies face a September 4 deadline.
The publisher wants the identity behind CyberLeek, the group that has released the footage in daily batches.
CyberLeek frames the campaign as a protest rather than theft, citing opposition to digital-only preorders. Yet the group has meanwhile monetized the attention. It now asks for 400 Monero (XMR), roughly $165,000, simply to open a conversation about ad space on future drops.
Crypto traders moved faster than Wall Street. An unaffiliated CYBERLEEK meme coin rallied 1,400% during the fallout, while a tokenized TTWO listing on Solana handed traders another way to bet on the outcome.
Rockstar now gets one clean shot at the narrative. Thursday’s extended look will test whether official gameplay can outrun eight days of stolen clips before the November 19 launch.
Meme coins named after Pitbull’s upcoming album Pitcoin rallied roughly 100% today, with the busiest token logging $583,231 in daily volume.
The rapper promoted the project on X. None of the tokens trading under the Pitcoin name carry any endorsement from him or his label.
Pitbull Minted a Title, Someone Else Minted the TokenBillboard first reported the album title on August 12. Pitbull, born Armando Christian Pérez, releases Pitcoin in early October.
Trading data shows the leading PITCOIN token’s Solana (SOL) pool went live on August 12. That places its creation on the same day Billboard published the album title.
Pitcoin-Themed Coins Trading on Solana and Robinhood. Source: GeckoTerminalThe token trades on PumpSwap and holds $54,387 in liquidity. Its daily volume runs about 14 times higher than the next busiest Pitcoin pool.
A newer version in a Uniswap V4 pool on Robinhood’s chain rose 207% in under seven hours. It carries a $35,475 valuation.
Most copycats stayed small. Dozens of tokens now trade under the Pitcoin name, and most hold market caps below $3,000.
Pitbull’s post drew 115,500 views and directed fans to a pre-save page.
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Copycat Tokens Follow a Familiar PatternCopycat meme coins rallies follow a familiar script. Elon Musk posted a Dogefather image in February 2025. Developers launched fresh Dogefather coins within hours. Moreover, two tokens using that name jumped 122% and 137%.
The pattern repeats whenever a name goes viral. Musk changed his X display name to Gorklon Rust in May 2025, and new Gork tokens spiked as much as 7,000%.
Ye faced the same problem before releasing YZY. He warned followers in February 2025 that every coin using his brand was fake. The rapper then launched the YZY coin in August last year.
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TLDR: RWA.xyz tracked $38.35B in distributed assets on-chain, up 1.54% in 30 days as holders neared 3 million. Ethereum led distributed RWAs with $17.3B, ahead of BNB Chain at $5.8B and Solana at roughly $4.1B on-chain. Tokenized stock transfer volume jumped over 415% to $29.5B in 30 days, while distributed value hit $2.54B. Ondo Finance offers 440+ tokenized stocks and ETFs, showing how RWAs are expanding beyond Treasury products. Binance co-founder Changpeng Zhao has acknowledged that he underestimated real-world asset tokenization as on-chain assets approach a $39 billion market value. Speaking during a Binance Clubhouse Bali 2026 community Q&A published August 23, Zhao said he paid little attention to RWAs 18 months earlier.
CZ: I Definitely Underestimated the Growth of RWA
Binance founder Changpeng Zhao (CZ) @cz_binance said during the Binance Clubhouse Bali 2026 Community Q&A on August 23 that until about a year and a half ago, he did not expect RWA to grow to such a large scale, but now he is… pic.twitter.com/jPnJ9tV3ms
— Wu Blockchain (@WuBlockchain) August 30, 2026
That view has changed as traditional financial instruments increasingly move onto blockchain networks. Zhao said 24/7 trading, transparency, lower fees, and global access now give tokenization clear advantages over traditional market structures. He also noted that earlier crypto trends, including NFTs and memecoins, grew far beyond his initial expectations.
CZ Reassesses RWA Growth as On-chain Value Nears $39B The market data now helps explain CZ’s shift in perspective. RWA.xyz recorded $38.35 billion in distributed real-world assets on-chain as of August 28, excluding stablecoins. That total increased 1.54% over 30 days, while the number of asset holders more than doubled during the same period.
Nearly 3 million wallets now hold distributed RWAs, reflecting a 104% monthly increase. Separately, RWA.xyz tracked $380.88 billion in represented asset value across the broader tokenization market.
Source: RWA.xyz
Ethereum remained the largest blockchain for distributed RWAs, holding about $17.2 billion. BNB Chain followed with $5.7 billion, while Solana accounted for approximately $4.1 billion. Within that market, tokenized Treasury products remain among the sector’s largest individual assets.
Circle’s USYC stood near $2.88 billion, while BlackRock’s BUIDL reached roughly $2.76 billion. Ondo Finance’s USDY followed at about $2.19 billion. However, tokenized equities are becoming a faster-growing segment.
Monthly transfer volume for tokenized stocks surged more than 415% to $29.5 billion during the latest 30-day period. Their distributed value reached $2.54 billion, representing growth of about 637% from one year earlier.
Ondo Finance has also expanded the practical reach of tokenized equities. The platform now offers more than 440 tokenized stocks and exchange-traded funds to eligible non-U.S. investors across several blockchains.
Tokenized Stocks Surge as Regulation Moves Closer The expansion of Tokenized Assets is also unfolding alongside clearer regulatory discussion in the United States. The Securities and Exchange Commission issued January guidance explaining how federal securities laws apply to tokenized securities.
The guidance distinguished issuer-sponsored tokens from third-party tokenized products, giving the market a clearer framework for understanding different token structures. SEC Chair Paul Atkins later said the agency’s 2026 agenda includes clearer rules covering custody and trading of tokenized securities on-chain .
Meanwhile, CZ did not describe RWA growth as crypto’s next guaranteed dominant trend. Instead, he grouped RWAs with perpetual decentralized exchanges and AI agents as emerging sectors that could shape the industry’s next phase.
His reassessment nevertheless reflects a measurable shift in the market. Tokenized Assets now span government debt, equities, commodities, credit, and other traditional instruments, while distributed value has moved close to $39 billion.
For CZ, the change is less about predicting the next crypto narrative and more about recognizing an existing market transformation. RWAs have moved from a niche concept toward financial infrastructure with rapidly growing users, assets, and transaction activity.
TLDR An exploited security flaw in a legacy Rain card smart contract resulted in approximately $1.1 million drained from various Solana-based platforms Avici suffered $500,800 in damages impacting 1,685 cardholders; Tria experienced losses exceeding $430,000 affecting 636 users AVICI token plummeted 49% from its daily peak, reaching an all-time low of $0.217 The stolen stablecoin funds were converted to SOL, transferred to Ethereum, and laundered via Tornado Cash Avici and Tria have both committed to fully reimbursing impacted customers; Avici submitted a complaint to federal authorities A security weakness in a deprecated smart contract has resulted in a $1.1 million theft targeting several Solana-based crypto card platforms, with neobanks Avici and Tria bearing the brunt of customer losses.
⚠️ALERT: Crypto neobank Avici is being drained in an apparent ongoing attack.
More than $1 MILLION has left card collateral accounts on the Solana-based platform, per on-chain data, with the attacker's wallet funded through the deBridge cross-chain bridge.
Avici says it is… pic.twitter.com/n2pul5Bkrs
— Coin Bureau (@coinbureau) August 28, 2026
Rain, the infrastructure provider offering stablecoin card services as a Visa principal member, confirmed that its security monitoring identified the weakness in a legacy contract version. All platforms operating on the compromised version received immediate upgrades, with Rain confirming no subsequent malicious activity has been detected.
The perpetrator leveraged the security gap by continuously submitting signed authorizations, inserting themselves as administrators on individual card-collateral wallets, and extracting the funds.
Following the theft, the stablecoins were converted to Solana, transferred across the bridge to Ethereum, and subsequently routed through the Tornado Cash mixing service.
Avici Suffers Largest Losses Avici, a self-custody neobank enabling users to spend cryptocurrency through a Visa-linked credit card, disclosed losses of $500,800 impacting 1,685 cardholders.
According to the platform, the breach was confined to a specific Solana smart contract housing funds deposited when customers loaded their card balances. User-controlled wallets on Solana and Ethereum-compatible chains remained secure and unaffected.
Avici committed to fully compensating all impacted card balances. Additionally, the firm submitted an official complaint to the FBI’s Internet Crime Complaint Center. Details regarding reimbursement timing and the capital source remain undisclosed.
Following the breach, the AVICI token collapsed 49% from its 24-hour peak of $0.43 to an unprecedented low of $0.217, later stabilizing around $0.378.
Avici Price Tria Confirms Breach, Commits to Complete Restitution Tria, another neobank utilizing Rain’s infrastructure, disclosed that 636 users were compromised, with aggregate losses surpassing $430,000.
Tria guaranteed complete reimbursement for affected customers. The platform’s native token also experienced volatility, declining over 10% temporarily after the incident became public.
Both companies have refrained from identifying additional affected platforms, and the comprehensive loss figure across all compromised services remains unclear.
The discrepancy between the $1.1 million tracked through blockchain analysis and Avici’s disclosed losses indicates that additional Rain-integrated platforms likely suffered breaches as well.
Industry Context This security incident occurs amid rapid expansion in crypto card adoption. Monitored crypto-card transaction volume surged more than threefold to $1.04 billion in July, with stablecoins accounting for 70% of over 10 million transactions.
The exploit underscores a critical custody distinction for consumers. Assets stored in Avici’s self-custodial wallets remained protected, but funds transferred to card balances entered a third-party contract infrastructure where the vulnerability existed.
According to Avici’s service agreements, Third National functions as the official card issuer, with Rain supplying the underlying technological framework.
Key Takeaways A Solana-based token called Trump Digital Gold (GOLD) reached a $66 million valuation before plummeting 99% within approximately 30 seconds Insider wallets controlling 82.45% of total supply liquidated their positions, netting around $1.01 million worth of Solana The token received promotion from a verified X account associated with Trump merchandise, though no Trump family authorization was established Just seven days prior, Eric Trump publicly dismissed rumors of any new coin launch, labeling such claims fraudulent The incident follows a pattern of politically themed token scams on the Solana network A cryptocurrency token branded as Trump Digital Gold emerged on the Solana network Saturday morning, only to shed virtually all its value in a matter of hours. Blockchain data analysts attributed the dramatic collapse to coordinated selling by a handful of wallets holding the majority of tokens.
⚠️ ALERT: Trump-linked account appears to have been HACKED to promote a “Trump Digital Gold” rug pull.
A post promoting $GOLD appeared on ‘realtrumpcoins1,’ an account followed by the official Trump account and linked as a merchandise partner to the Trump Organization.$Gold… pic.twitter.com/pt8XhkdgJz
— Coin Bureau (@coinbureau) August 29, 2026
The digital asset was deployed at 7:38 a.m. and rapidly gained traction following promotion from the X account @realtrumpcoins1, which shared the token’s contract address. The account features a verification checkmark and commands over 42,000 followers. Its profile claims official partnership status with the Trump Organization, and Donald Trump himself follows this account.
This perceived connection sparked immediate buying interest. Solana’s rapid deployment capabilities enabled market participants to acquire tokens within moments of the promotional announcement.
Market Cap Peaks at $66 Million Before Catastrophic Drop Heavy trading activity propelled the token’s valuation to $66 million around 9 a.m. Price fluctuations persisted for multiple hours until the promotional content vanished at 11:48 a.m.
According to blockchain investigator EmberCN, addresses associated with the token’s creation offloaded 824.54 million tokens—representing 82.45% of the entire supply—in exchange for 9,784.6 SOL tokens valued at approximately $1.01 million. This massive liquidation caused the market capitalization to crater from $55 million to $1 million in roughly 30 seconds.
Analytics platform Lookonchain identified 15 interconnected wallets that accumulated positions prior to the promotional post’s appearance. These addresses subsequently exited their positions for combined profits near $330,000, based on Lookonchain’s analysis.
By early afternoon hours, the market cap had deteriorated to roughly $700,000, marking a nearly 99% decline from its zenith.
Trump Family Authorization Remains Unverified Donald Trump and his family members issued no public statements endorsing or acknowledging the token. Eric Trump had specifically addressed comparable speculation exactly one week before, on August 22.
“What a joke… This is absolutely not true. No one is launching any kind of coin. If anyone is suggesting otherwise, it’s a fraud,” he wrote.
The promotional account subsequently removed its content. The associated website, realtrumpcoins.com, operates on a domain distinct from the Trump Organization’s legitimate retail platform.
Scheme Resembles Previous Solana Token Scams This collapse follows an established blueprint. Concentrated token ownership combined with social media hype and swift liquidation has characterized multiple Solana token schemes.
A token designated BARRON, similarly referencing a Trump family member, executed an identical pattern in January 2025. An insider address converted a modest initial investment into profits exceeding $1 million following the token’s surge.
The Securities and Exchange Commission has issued warnings about fraudsters exploiting social media to artificially inflate token valuations before dumping positions. Staff guidance issued in February 2025 indicated that meme coins typically fall outside federal securities regulations, providing purchasers with minimal legal recourse.
At publication time, no law enforcement entity had publicly disclosed the identities of the wallet controllers.
A cryptocurrency token known as Trump Digital Gold experienced a dramatic rise and collapse after launching on the Solana network, with its value dropping nearly 99% just hours after debut.
Pump-and-dump triggers massive lossesTrump Digital Gold was deployed at 7:38 a.m. and quickly attracted buyers after the verified X account @realtrumpcoins1 announced its contract address. The account, which boasts more than 42,000 followers and is followed by Donald Trump, lists itself as an official merchandise partner to the Trump Organization.
The perceived link to the Trump brand led to a surge of interest and buying activity. Solana’s fast transaction speeds enabled users to purchase the token within seconds after the social media post appeared.
Trading activity spiked, driving Trump Digital Gold’s market capitalization to $66 million by 9 a.m. However, as trading volume held steady and the post was deleted around 11:48 a.m., the situation shifted rapidly.
Blockchain analytics firm EmberCN reported that wallets associated with the token’s creators liquidated 824.54 million tokens, representing 82.45% of the total supply, in exchange for 9,784.6 SOL, which equates to about $1.01 million. The sudden sales triggered a collapse in the token’s value, causing the market cap to plunge from $55 million to roughly $1 million in around thirty seconds.
Lookonchain, an on-chain analytics platform, identified 15 linked wallets that amassed significant allocations before the promotional post. These early accumulators collectively exited their positions for an estimated profit near $330,000.
By the afternoon, the market capitalization had shrunk to around $700,000, marking a near total loss from earlier highs.
EventTimeMarket CapNotable TransactionsToken launch7:38 a.m.$0Deployment on SolanaPeak value9:00 a.m.$66 millionHeavy trading startsToken sale by insidersShortly after 11:48 a.m.$55 million to $1 million82.45% supply liquidated for $1.01 million in SOLAftermathEarly afternoon$700,000Value drops nearly 99%Trump family issues, endorsement unconfirmedNo members of the Trump family publicly acknowledged or endorsed the Trump Digital Gold token. Eric Trump, the son of former US President Donald Trump, directly addressed similar rumors a week before the incident, making clear that no such project had official backing.
“What a joke… This is absolutely not true. No one is launching any kind of coin. If anyone is suggesting otherwise, it’s a fraud,” wrote Eric Trump.
Following the rapid collapse, the X account that promoted the token deleted its posts, and the associated website operated on a domain distinct from the official Trump Organization platform.
Mini dictionary: Lookonchain is a blockchain analytics platform that tracks on-chain activity, helping to identify unusual patterns or potential scams by monitoring token movements, wallet interactions, and market behavior across major blockchains.
Pattern of Solana meme token scamsThe failure of Trump Digital Gold resembles several previous schemes on the Solana network. These typically involve heavily concentrated token ownership, aggressive social media marketing, and rapid insider liquidation that leaves retail traders with large losses.
A similarly named token, BARRON, linked to another Trump family reference, followed an identical pattern in January 2025. In that case, an early insider turned a small initial holding into over $1 million in profit once the token surged and crashed.
The Securities and Exchange Commission has repeatedly warned investors about social media-driven schemes designed to artificially boost token prices before major holders sell for substantial profits. Staff guidance released in early 2025 indicated that meme coins generally fall outside the scope of US securities regulation, limiting options for recourse in such cases.
As of the latest reports, authorities have not publicly identified the individuals behind the wallets involved in the Trump Digital Gold event.
Real Trump Coins, a project known for issuing Trump-themed digital assets, stated that it did not launch, promote, or authorize the Trump Digital GOLD token. This clarification came after confusion emerged on social media regarding its association with the recently launched token on the Solana blockchain.
Denial of involvement and security concernsThe Real Trump Coins X account briefly promoted the GOLD token on Saturday, encouraging users to visit RealTrumpCoins.com, which also advertised the asset. Following public scrutiny, the X posts were deleted, and the account updated its link to TrumpCoins.com, distancing itself from the GOLD promotion.
In a public statement, Real Trump Coins said it had neither authorized nor would ever launch, promote, or support any digital token. The group said it was cooperating with authorities to investigate what it described as actions by “third-party bad actors.”
“Trump Coins has not authorized and will not launch, promote, or authorize any digital token,” the project announced in an X post, adding that it was working with authorities to investigate the situation.
The chain of events pointed to the possible compromise of both the X account and the associated domain. Some observers, including X user Rune, questioned how simultaneous unauthorized access could have occurred across multiple platforms. The Real Trump Coins X account continued referencing RealTrumpCoins.com in its posts as recently as August 25, further deepening the confusion for followers and investors.
Launch of GOLD token and wallet concentrationOn-chain analytics platform Lookonchain reported that the launch of GOLD was highly concentrated among a small group. Lookonchain’s research showed that the developer and newly created wallets held 82.45% of the total token supply at launch. The platform tracked 15 wallets linked to the project’s team, noting that these addresses sold their holdings for approximately $330,000 and realized about $312,000 in profit.
Such distribution patterns can raise concerns about price manipulation and market integrity within new token launches.
Mini dictionary: Lookonchain is a blockchain analytics service that tracks and analyzes large transactions, wallet behavior, and token launches to provide insight into on-chain activity for the cryptocurrency community.
TokenBlockchainTeam-linked WalletsTotal Supply HeldReported ProceedsEstimated ProfitGOLDSolana1582.45%$330,000$312,000Lingering concerns and online presenceAs of the latest updates, RealTrumpCoins.com continued to display the GOLD token promotion. Meanwhile, Donald Trump continued to follow the Real Trump Coins X account, which remained among only 53 accounts that he followed on the platform.
Confusion persisted in the community about the security of these accounts and the exact sequence of events, especially given the records of account activity pointing to recent posts directing followers to the RealTrumpCoins.com website.
The situation developed amid broader scrutiny over digital assets associated with Donald Trump. A separate report by consumer advocacy group Public Citizen recently claimed that Trump’s crypto-related “schemes” had cost investors $4.7 billion.
Observers questioned how both the X account and the associated domain hosted GOLD promotions, while official statements denied any involvement with the token launch.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
With one of its biggest comebacks of 2026, Solana has a significant advantage over Hyperliquid thanks to its most recent technical structure: SOL has already overcome the long-term resistance that typically divides a brief rally from a more significant reversal.
Solana is back at growthAfter surging from roughly $75 in the second half of August, SOL is currently trading at about $104.65. The cryptocurrency gained about 45% from the consolidation range at its most recent peak, momentarily rising above $110. What matters is where that move took place. Before attacking the much more important cluster near $90, SOL broke through the 50-day and 100-day moving averages around $80.78 and $82.46.
SOL/USDT Chart by TradingViewCurrently, the 20-day EMA and 200-day moving average are at roughly $90.06 and $90.18, respectively. Solana punched straight through the 200-day average on increasing volume rather than being rejected right away. The current price is over 15% higher than that indicator.
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When evaluated from a relative technical perspective, this gives SOL a stronger technical foundation than assets that stay stuck below their long-term trend resistance, such as Hyperliquid. Instead of breaking its 200-day average, Solana must now defend it. However, there is a clear immediate issue.
Solana being pushedDuring the breakout, SOL experienced severe overbought conditions. The daily RSI rose above 80 before falling to about 73.4. Although momentum is still very strong, chasing the asset between $105 and $110 is much riskier than it was between $80 and $90. Following the breakout burst, volume is also starting to return to normal. Because of this, consolidation is more likely.
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The recent peak between $110 and $111 continues to be the first immediate obstacle. Breaking it would allow SOL to compete in the $115–$120 range. A retracement toward $100 and then the critical $90 area could occur if the price does not keep rising. The current technical line in the sand is that $90 area.
A successful retest would bolster the claim that Solana has entered a true trend reversal and verify that previous long-term resistance has turned into support. Thus, SOL's current advantage is structural: the challenging breakout has already taken place. The next question is whether buyers will be able to hold it.
Solana (SOL) is seeing renewed optimism among investors, driven by increased whale accumulation and strengthening signals of bullish market sentiment. Significant purchases by large holders have added momentum to the token as it consolidates support in the wake of rising market activity and improving network participation.
Whale activity stimulates market attentionAt the time of writing, SOL trades at $105.04 with a 24-hour trading volume of $1.88 billion and a market capitalization of $61.46 billion. The token registered a 1.19% gain over the last day, pushing its price structure closer to a potential bullish reversal, according to price charts and on-chain data.
Lookonchain, an on-chain analytics platform, reported that notable whale movements have reappeared in the Solana market after a period of reduced large-scale trading activity. This resurgence has led to increased discussions around the possible implications for both price and broader market sentiment.
One transaction by wallet 6ESYXA drew particular attention. After nearly eight months of inactivity, this wallet acquired 76,856 SOL—approximately $8 million worth—from the Hyperliquid exchange, highlighting a significant return of capital from long-term holders.
Mini dictionary: Whale, a term in cryptocurrency for an individual or entity that holds large amounts of a particular token or coin, and whose trades have the potential to significantly impact market prices.
Analysts noted that large-scale purchases by whales could spark additional buying interest if similar transactions continue. These influential participants are closely watched, as their activity often precedes shifts in broader investor sentiment.
Market observers have suggested that sustained accumulation by whales, combined with improving network activity and higher trading volumes, could support a more robust bullish outlook for Solana in the coming months.
Speculation grows over $1,000 milestoneAnalyst curb pointed to a notable uptrend in positive sentiment toward Solana, indicating that technical and market indicators are aligning toward a more optimistic outlook. While few commit to firm predictions, some market commentators have pointed to the potential for SOL to reach the $1,000 threshold in the long term, provided that network and ecosystem improvements persist.
Achieving such a milestone would require both a rise in Solana’s valuation and sustained investor commitment. While this scenario currently remains speculative, analysts maintain that underlying conditions—such as increased network adoption, consistent liquidity, and robust trading activity—could pave the way for significant upward movement.
Short-term volatility and narrative shifts have prompted some to urge caution, emphasizing the importance of a long-term perspective to avoid the effects of misleading market moves.
Some experts argue that if the pace of whale accumulation and bullish trading patterns continue, SOL could establish firmer support levels and attract further interest, provided the overall cryptocurrency market maintains its upward trajectory.
MetricCurrent DataPrice$105.04Market Cap$61.46 billion24h Trading Volume$1.88 billionRecent Whale Purchase76,856 SOL (~$8 million)Market outlook and key factorsThe general upward trend in the cryptocurrency market has also lent support to Solana’s recent price gains, with rising BTC prices contributing to increased confidence across digital asset classes.
Future prospects for Solana will largely hinge on the continuation of regular whale buying, higher network participation, and the ability of SOL to maintain elevated trading volumes. The emergence of new support levels may depend on these factors alongside market-wide sentiment.
Whale accumulation, if sustained, is expected to reinforce bullish sentiment, increasing anticipation for the possibility of Solana approaching $1,000 in the longer-term.
Solana Foundation Vice President of Technology Jacob Creech outlined several upcoming Solana upgrades on Aug. 30. Transaction V1 is scheduled for Sept. 9, while the first stage of a network rent reduction is expected during the week beginning Aug. 31.
Summary
Solana plans to activate Transaction V1 on September 9, increasing transaction size to 4,096 bytes. The first rent reduction stage begins next week, starting a five-step path toward 90% savings. Solana already cut target slots to 350 milliseconds, with 300, 250 and 200 planned later. Alpenglow remains targeted for October, with Solana aiming for approximately 150-millisecond finality after mainnet activation. Legacy and version-zero transactions remain compatible because developers must opt into the larger V1 format. Creech also said developers plan to shorten slot times further and target October for Alpenglow. However, these changes follow separate activation processes. Transaction V1 will not automatically reduce slot times or activate Alpenglow.
There are a lot of major changes happening soon
– Next week: First step down in rent reduction
– Sept 9: Transaction V1 goes live
– Dropping slot time even further
– October: Alpenglow
Then we all meetup at Scale or Die in November
Solana development will never be the same
— Jacob Creech (@jacobvcreech) August 29, 2026 Transaction V1 raises Solana’s limit to 4,096 bytes Transaction V1 will raise Solana’s maximum serialized transaction size from 1,232 bytes to 4,096 bytes. The increase is about 3.3 times the existing limit, according to Solana’s official upgrade roadmap.
The larger format could support transactions containing zero-knowledge proofs, complex multisignature instructions and other data-heavy operations. The associated SIMD-0296 proposal also identifies BLS signatures and cross-chain operations as possible uses.
Developers must opt into the V1 format. Existing legacy and version-zero transactions will remain valid. Transaction V1 will not support address lookup tables, meaning applications must decide which format suits each transaction.
The change also requires wallets, application programming interfaces and other infrastructure to handle larger data payloads. The proposal acknowledges possible bandwidth and network fragmentation risks, which makes coordinated testing important before wider adoption.
Solana rent reduction begins with one of five steps The first rent reduction does not deliver the full 90% target immediately. Solana plans five stages that would eventually lower the rent calculation from 6,960 lamports per byte to 696 lamports per byte.
Solana uses rent-exempt balances to limit uncontrolled state growth. Applications lock SOL when creating accounts that store data. That SOL is generally recoverable when the account closes, meaning rent functions more like a refundable deposit than a recurring network fee.
Lower requirements would reduce the amount of SOL that developers must lock when creating token accounts, program accounts and other onchain state. This could lower entry costs for applications that manage many user accounts.
Agave 4.2 included the necessary code, but Solana placed the changes behind independent feature gates. As crypto.news previously reported, validators can activate the rent, transaction-size and slot-time upgrades separately after testing.
Faster Solana slots follow a separate schedule Solana has already reduced its target slot time to 350 milliseconds, down from the previous 400-millisecond target. The network plans additional stages at 300, 250 and eventually 200 milliseconds.
Creech did not provide dates for those remaining stages. Each reduction requires a separate feature activation. Network developers can therefore monitor validator performance before proceeding to the next target.
Shorter slots can improve transaction confirmation speed and increase the frequency at which validators produce blocks. They also place greater timing and networking demands on validators. Solana plans to adjust resource limits proportionally during the rollout.
Transaction V1 and reduced slot times are related to Solana’s broader performance roadmap, but they remain technically distinct. Reports describing Sept. 9 as the date for both changes would overstate Creech’s announcement.
Alpenglow remains an October target Alpenglow is Solana’s proposed consensus redesign. Solana says it aims to reduce transaction finality to approximately 150 milliseconds, compared with the longer confirmation process used by the current consensus system.
The official roadmap lists Alpenglow as “in development,” while Agave 4.3 is expected in October. Creech’s post supports October as the current target, but neither statement confirms a guaranteed mainnet activation date.
Before then, Solana is expected to begin the first rent-reduction stage and activate Transaction V1 on Sept. 9. Further slot reductions will depend on separate validator activations. Alpenglow must also complete testing and secure the required network support.
No verified market movement was directly attributed to Creech’s announcement at publication time.
Solana has staged one of the most notable recoveries in 2026, outperforming competitors such as Hyperliquid with its latest technical momentum. After a steady ascent from nearly $75 in August, SOL is now trading at approximately $104.65, marking a gain of close to 45% from its recent consolidation range.
Breakout over major averagesThe latest rally saw Solana moving decisively above critical long-term barriers. The cryptocurrency broke through its 50-day and 100-day moving averages, which had been situated around $80.78 and $82.46. This bullish momentum continued as SOL surged to a peak above $110, with a key move occurring as Solana advanced past the significant price zone near $90 before targeting higher levels.
Both the 20-day exponential moving average (EMA) and the 200-day moving average are now located close to $90.06 and $90.18. SOL accelerated past the 200-day average on rising trading volumes, showing no immediate pullback at that threshold. SOL’s price now stands more than 15% above this key indicator, reinforcing its relative technical strength versus competitors such as Hyperliquid, which remain below their major trend resistance levels.
Mini dictionary: Hyperliquid is a decentralized derivatives trading platform focused on speed and capital efficiency, offering perpetual futures with advanced risk management tools primarily on blockchain networks.
IndicatorSolanaHyperliquidCurrent price$104.65Below major averagesPosition vs. 200-day averageAbove (+15%)BelowOverbought signal and short-term risksStrong momentum also produced signs of overextension. The daily Relative Strength Index (RSI) for Solana exceeded 80 during the rally, briefly indicating heavily overbought conditions, before settling near 73.4. As trading volume returns to more normal levels, analysts note that entering positions between $105 and $110 presents a greater risk than earlier in the breakout, when prices ranged between $80 and $90.
Immediate technical challenges remain. The $110 to $111 price band represents the next resistance zone, and clearing this region could send SOL toward $115 or even $120. On the flip side, a retracement to $100, followed by the significant support at $90, remains possible if bullish momentum stalls. The $90 area now acts as the defining technical boundary for this trend.
Key support and the outlook aheadA successful retest of the $90 support would underscore the argument that Solana has solidified its reversal and that former long-term resistance levels have flipped to new support. The structural advantage for SOL is its ability to break through these barriers decisively in advance of its peers.
With over 15% gains above its 200-day average and a strong breakout, Solana now faces the challenge of defending its recent progress against any potential reversals in momentum.
Traders are now monitoring whether buyers can continue to defend these gains and sustain Solana’s position above critical technical levels in the coming sessions.
A leading financial services firm is expanding its cryptocurrency trading service to include three additional digital assets that have gained significant investor interest.
Charles Schwab says it will add Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) to Schwab Crypto accounts in the coming months.
The platform, which began rolling out to clients in May 2026, already offers direct access to Bitcoin (BTC) and Ethereum (ETH) trading.
Schwab plans to add more cryptocurrencies and digital assets over time, focusing on established ones that align with client demand.
Says Joe Vietri, Head of Digital Assets at Charles Schwab,
“With this expansion, clients will have more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab. These additions are consistent with our approach to provide clients with access to familiar cryptocurrencies backed by an ecosystem of education, tools, resources, and support to make informed decisions about how crypto might fit into their broader investing goals.”
Schwab Crypto features in-depth education resources and the ability to view and trade crypto alongside traditional investments on platforms like Schwab.com and thinkorswim, with 24/7 support and trading fees of 75 basis points.
The service is offered by Charles Schwab Premier Bank SSB and is subject to eligibility requirements along with standard risk disclosures for cryptocurrencies.
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The XRP ETF market is growing steadily, but it has yet to enter the "big league" of billion-dollar crypto funds. The discussion around the actual figures was triggered by a major Solana milestone: This week, Bitwise's Solana Staking ETF (BSOL) officially reached $1 billion in AUM exactly 10 months after its launch.
Capital flowed into the product largely because of its built-in annual yield of around 5.8%, generated through staking directly within the regulated ETF.
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Commenting on the achievement on X, Bitwise CEO Hunter Horsley noted that only Bitcoin, Ethereum and Solana ETFs have crossed the $1 billion mark so far. When someone in the comments suggested that this statistic looked biased against XRP, Horsley responded directly: "I'm not! There's no $1B XRP ETF yet!"
Why Solana succeeded while XRP has notThis remark exposed a fundamental technological barrier for XRP. Unlike Solana, the XRP Ledger has no native staking at all. All XRP tokens were issued upfront, and the blockchain simply cannot generate new tokens to pay staking rewards.
The only future alternative for funds could be the native XRPL Lending Protocol, which is currently undergoing a validator vote. For now, however, the XRP ETF sector is forced to rely exclusively on pure spot demand.
Monthly net inflows and asset growth for the Bitwise XRP ETF up to August 2026, Source: SoSoValueInvestor demand is undeniably strong. U.S. spot XRP ETFs have collectively accumulated an impressive $1.44 billion in net assets, with cumulative inflows reaching $1.66 billion, according to SoSoValue. In terms of total capital, the XRP sector is already operating at the level of the market leaders.
However, because these products offer no yield, no individual fund has managed to reach the $1 billion mark.
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Horsley's own fund leads the segment. The Bitwise XRP ETF controls 44% of the market, with $632.03 million in assets. Its closest competitors follow behind: Franklin Templeton's XRPZ holds $411.39 million, while Canary's WAXRP has $234.36 million. The remaining share is divided among products from 21Shares and Grayscale.
With the latest Form 13F filings confirming an influx of U.S. institutional investors into crypto ETFs, Bitwise's standalone XRP fund needs to attract approximately another $368 million in net assets to reach the coveted $1 billion threshold.
Solana's experience has shown that pure spot exposure trails staking-backed products in terms of growth speed. XRP's ability to cross the billion-dollar mark will therefore depend entirely on the appetite of long-term investors.
TLDR: Solana open interest on Hyperliquid reached $638.1 million after SOL rebounded 44.9% from its August 14 closing price of $75.34. Tracked whale wallets showed 17 long positions and nine shorts, while average leverage approached 19 times on both sides. SOL cleared its 50-day, 100-day and 200-day averages, but daily RSI near 73.4 indicates elevated short-term momentum conditions. Support at $101.59 keeps the $105.48 and $110.60 resistance tests active, while a loss could expose $92.82 and $90 during a pullback. Solana traded near $105.21 on Sunday after an August recovery brought leveraged traders back into the market. Solana open interest on Hyperliquid’s SOL-USD perpetual contract reached $638.1 million, alongside $150.4 million in 24-hour volume. SOL advanced 44.9% from its August 14 close of $75.34 to $109.18 on August 27.
The price later eased below the $110-$111 peak. Funding stayed near neutral, which shows neither side was paying a large premium. Even so, high leverage and a strong long bias leave the market exposed to rapid liquidations. A move beyond nearby support or resistance could accelerate during thin weekend trading conditions.
Solana (SOL) Price Solana Open Interest Rises With Leveraged Whale Demand Open interest measures the value of futures contracts that traders have not closed. It can rise when buyers and sellers add positions together. Therefore, Solana open interest does not prove that the market holds a net bullish bet.
Coinlyze data placed Solana open interest at $638.1 million on Hyperliquid. A composite reading put total SOL futures exposure near $2.31 billion across tracked venues. Keeping those measures separate prevents the exchange figure from being mistaken for the aggregated market total.
Whale tracking showed 17 of 26 monitored wallets long, compared with nine short. That count equals 65.4% long, not the separately reported 71.2% account ratio. The gap could reflect position weighting or inconsistent methodology. Average leverage reached 18.94 times for longs and 17.22 times for shorts.
One wallet returned after eight months and bought 76,856 SOL through Hyperliquid futures. The position carried an estimated value of $8 million. Its size adds to Solana open interest but does not establish a broader institutional trend alone.
Solana open interest. Source: Coinlyze Funding hovered near zero in one window and later slipped negative. This matters when long accounts dominate. Traders appear heavily positioned without paying a recurring long premium.
Neutral funding can reduce immediate holding costs, but it does not remove liquidation risk. A sudden price decline can force leveraged longs to close. Meanwhile, an upside break can pressure short positions and add mechanical buying.
The tracked-wallet sample requires caution. It describes selected accounts rather than every trader on Hyperliquid. Still, the leverage readings show why Solana open interest can intensify volatility around closely watched technical levels.
SOL Price Breakout Faces a Crowded Long Positioning Test SOL price first cleared its 50-day and 100-day moving averages at $80.78 and $82.46. It then crossed a stronger trend cluster around $90. The 20-day exponential average stood near $90.06, while the 200-day average sat near $90.18.
The breakout arrived with expanding volume and lifted SOL more than 15% above the 200-day measure. The market must now defend the former resistance instead of merely approaching it.
SOL/USD daily chart. Source: TradingView Momentum has cooled from extreme levels. Daily RSI moved above 80 during the advance before falling near 73.4. The reading still signals strong demand, although buyers face greater risk near the recent peak.
First support sits at $101.59, with a composite score of 78. Holding that area keeps the $105-$110 range within reach. A clean break above $110-$111 would shift attention toward $115-$120.
Losing $101.59 would expose $92.82 before the crucial $90 zone. That area contains the 20-day and 200-day measures. A successful retest would support the case that previous resistance has become support.
Solana open interest now magnifies each technical outcome. Crowded longs could unwind below support, while short covering could strengthen a confirmed breakout. Hyperliquid futures funding and liquidation data will show which side loses control first.
After surging to $110, Solana [SOL] dropped to a low of $102 amid the broader market slowdown. Since then, Solana has started to consolidate and trade sideways.
At press time, Solana was trading at $105 after slightly rising by 1.4% on the daily charts, adding to its 13% weekly surge. However, altcoins’ trading volume dropped 64% to $1.8 billion, indicating reduced market activity.
Solana saw some weakness as speculative activity dried up. Over the past 12 hours, $471.85 million flowed out of the Futures market while only $456 million flowed in.
Solana whale returns with an $8M buy Over the past week, demand for Solana from high net worth investors, both individuals and institutions, has surged significantly.
In fact, AMBCrypto earlier reported that Solana Spot ETFs recorded $138 million in net inflows. Besides institutions, whales have been aggressively accumulating, since SOL crossed the $100 mark.
With SOL now holding strongly above $100, high net worth investors have turned very optimistic and eye more gains. In fact the recent market cool down has created a perfect window for whales to continue buying.
Source: Arkham Lookonchain reported that a whale returned after eight months of dormancy. The whale bought 76,856 SOL worth $8 million from Hyperliquid.
This has now become a significant trend. A day earlier, Lookonchain reported two whales purchasing $33.5 million worth of SOL. With whales accumulating during a period of upside stability, it signals strong confidence in the market.
Exchange flows further confirms this accumulation spree. After rising to positive, Solana Spot Netflow dropped again.
Source: Coinglass At the time of writing, Netflow was around -$4.5 million, reflecting higher outflows. Often, strong demand, especially from high net worth investors, has preceded gains on Solana price charts.
What to expect next for SOL’s price? Although the market has shown some weakness, Solana still holds bullishness. In fact, ADX with SMA indicator confirms this trend strength.
At press time, the +DI was hovering over the -DI, with the ADX and SMA above it. Likewise, the Bull-Bear Ratio held positive, suggesting bulls have control of the market.
Source: TradingView These two indicators reflect strong upward pressure and the trend’s potential to hold. Therefore, if investors, especially whales, continue to buy and Futures turn to opening new positions, the trend will resume.
In doing so, SOL will close above $105 and target to flip $110 where the trend collapsed. However if the derivatives market remains dominated by sellers, sideways movement will prolong.
Final Summary A Solana whale returned after 8 months of inactivity and bought 76,856 SOL worth $8 million from Hyperliquid. SOL has traded within a thin margin hovering between $104 and $105 amid market slowdown, but market structure leans bullish.
Glassnode reported on Aug. 28 that Solana spot ETFs recorded $138 million in net inflows over 10 days, including a single-day high of $47 million. Bitwise’s BSOL was reported to hold 9.3 million SOL and exceed $1 billion in assets under management. The original data post is available on X.
The Data Point The report gives a narrow snapshot rather than a promise about future prices. Its figures describe the wallets, products or market segment identified in the post, and the timing matters because crypto activity can change quickly. For the Aster move, the reported return was unrealized. For the GOLD sale, the wallet attribution came from on-chain tracking. For the SOL withdrawals, the transactions show movement from named exchanges but do not reveal the owners’ plans. For the ETF, exchange-balance and volume items, the figures are measurements from the named data providers, not official statements from every market participant.
Why It Matters These developments matter because they show how trading activity, custody decisions and liquidity can affect digital-asset markets. A new perpetual listing can attract leverage as well as attention. A coordinated-looking token sale can raise questions about concentration and disclosure. Large withdrawals may reduce immediately visible exchange balances, but they do not automatically indicate accumulation. ETF inflows can broaden regulated access, while exchange outflows can reflect many motives, including self-custody, staking or transfers between venues. Volume dominance likewise measures participation, not the quality or durability of the assets being traded.
What the Report Does Not Show The posts do not establish that any reported move will continue. They also do not, by themselves, prove intent, ownership or a completed change in market structure. Readers should distinguish realized gains from unrealized positions, observed transfers from wallet labels and data-provider estimates from audited financial disclosures. Those limits are especially important in fast-moving token markets, where thin liquidity can amplify both gains and losses.
Next Indicators Follow-up evidence will include whether the activity persists after the initial move, whether additional wallets or filings clarify attribution, and whether liquidity remains available across venues. In the ETF and exchange-balance cases, subsequent daily flows will show whether the reported direction was temporary or part of a longer trend. Until that evidence arrives, the developments remain dated market observations. BlockchainReporter will continue to separate sourced on-chain data from interpretation and avoid turning a single reading into a forecast. Context is available in earlier market coverage.
AUTHOR
Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.
Solana ETF demand and fresh network upgrades give SOL ETF news a clear catalyst, while IceBull offers a separate early-stage story. Its Crypto Presale is live at Stage 1, the first point in an announced 16-stage sequence. That makes IceBull relevant to readers looking beyond established networks for a new project to research, without suggesting that an Ethereum presale will reproduce Solana’s market position or network trajectory.
Solana Momentum Belongs to an Established Network The SOL ETF news and network-upgrade catalyst concerns a network with its own history, users and ecosystem. IceBull should be evaluated on its own published facts instead. It is an Ethereum ERC-20 token offered before listing, not a replacement for Solana. The comparison is useful only as a reminder that crypto narratives occur at different stages: one may concern an established network, while another concerns the terms of a newly launched sale.
A Crypto Presale is most clearly understood through its mechanics. IceBull states that Stage 1 is live and that 15 higher prices will follow across its remaining stages. The scheduled changes explain why an opening quote can draw attention. They do not forecast exchange demand, make an upside promise or instruct anyone to participate. Readers can verify the active stage and make their own judgment using the terms shown at official checkout.
Stage 1 Is a Published Pricing Fact IceBull has 16 stages in total, with each later stage carrying a higher price. At the first stage, a fixed payment is assessed at the opening rate. After the sale advances, the same payment amount is considered at the newer, higher quote. This is the practical meaning of the early-access discussion. It is a defined sale mechanism, not an assertion about eventual token value once a market for the token exists.
The campaign is reported to be around $5K raised, a time-sensitive snapshot that can change as new purchases are made. It should not be treated as a fixed total, false deadline or evidence of future popularity. What can be checked is the stage currently displayed and the wider schedule of prices. This keeps the timing discussion factual: a buyer can review Stage 1 while it is live, or assess a later quote if the sale has advanced.
Supply, Audit and Launch Arrangements Can Be Reviewed IceBull is issued as an ERC-20 on Ethereum with a fixed supply of 120 billion tokens. SolidProof has audited the smart contract. The project further states that team tokens vest and liquidity will be locked at listing. These items provide a practical framework for research before participation. They explain the project’s stated token and launch structure, but an audit, supply cap, vesting plan and liquidity lock are not guarantees of demand or price performance.
The 1250X figure is described by IceBull as potential and is paired with a planned $0.025 listing price. That language cannot be converted into certainty. A planned listing price is not a future market price, and potential is not a predicted or achieved return. The clearer way to frame the Crypto Presale is its live status, the 16-stage schedule and the published technical details, while recognizing that post-listing conditions remain unknown.
How to Buy IceBull Visit the official IceBull Buy Now page Choose cryptocurrency payment or the credit/debit card checkout route. Connect a compatible Web3 wallet when using cryptocurrency. Select ETH, BNB, USDT, or the credit/debit card option shown at checkout. Review the displayed allocation and payment details before confirmation. Claim purchased tokens through the official process after the sale. Crypto and Card Routes Have the Same Review Point IceBull accepts ETH, BNB and USDT through a compatible Web3 wallet, and it also presents a credit/debit card payment route. The choice changes the method used at checkout, not the importance of reviewing the live allocation. Before confirming, a prospective buyer can check the current Stage 1 information, the payment amount and the supported option selected. No payment route changes the disclosed schedule or makes the project suitable for every reader.
The official claim occurs after the sale rather than during the checkout transaction. That sequence is important for anyone unfamiliar with presale participation. Payment records and wallet access should be handled carefully, and claim instructions should be obtained only from the project’s official process once it is available. Separating purchase from claim makes the experience easier to understand and reduces the chance of treating a successful payment as immediate token distribution.
Momentum Headlines Do Not Remove Research Duties Solana’s ETF-demand and upgrade narrative can keep an established ecosystem in focus. IceBull offers a different proposition: a new token at a live opening stage. Its defining facts are the 16-stage sale, 15 future higher prices, Ethereum ERC-20 format, 120 billion fixed supply, SolidProof audit, team vesting and planned liquidity lock at listing. The report of roughly $5K raised is current and time-sensitive, rather than a measure of what comes next.
Readers assessing a Crypto Presale can use IceBull’s terms as a starting point for independent review. Check the active stage, understand the payment and later claim sequence, and keep the 1250X wording in its stated potential context. The project may appeal to people researching early access before the next scheduled price, but its future value is not assured by Solana-related headlines or by its own promotional framing.
For More Information: Website: Explore the Official IceBull Website
Telegram: Join the IceBull Community on Telegram
X: Follow IceBull on X for Updates
Crypto Presale Questions Is IceBull being presented as a replacement for Solana? No. Solana is an established network, while IceBull is a separate Ethereum Stage 1 presale.
How many price increases follow IceBull Stage 1? Fifteen higher scheduled prices follow across the remainder of the 16-stage sale.
Can a buyer use a card for the IceBull purchase? Yes. The official checkout supports credit/debit cards alongside ETH, BNB and USDT.
When are IceBull tokens claimed? They are claimed through the official process after the presale.
30 August 2026 | 18:11 Solana is again approaching $110, but Hyperliquid open interest has risen far faster than price, leaving the recovery increasingly sensitive to forced liquidations on either side.
Key Takeaways SOL is approaching resistance near $110. Hyperliquid open interest gained 14.41% in 24h. Derivatives volume remains nearly ten times spot. A $98.82 loss would weaken recovery. Derivatives exposure is outpacing SOL’s recovery At 14:34 UTC on August 30, CoinGlass showed SOL trading at $106.94, up 2.47% over 24 hours. Open interest in Hyperliquid’s SOL market stood at $688.89 million following a 14.41% increase, while rolling volume reached $210.30 million.
Based on that percentage change, the notional value of open contracts had risen from approximately $602.12 million, a difference of about $86.77 million.
That difference does not represent $86.77 million in fresh deposits. SOL’s price increase contributed to the higher dollar value, while open interest counts the contracts that remained unsettled.
HypeBasis, which reads Hyperliquid’s public market data, showed a nearly identical open-interest reading at around the same time.
The $689 million reading does not reveal direction Open interest measures outstanding participation, not whether traders collectively expect SOL to rise or fall. Every futures contract connects a long with a short, leaving the notional value on both sides matched by construction.
CoinGlass displayed a long/short ratio of 1.1925, pointing to a modest long tilt within that particular measure. It should not be interpreted as a 19.25% imbalance in invested capital because such ratios may count accounts or categories of positions rather than compare their dollar value.
The more relevant risk is how much exposure may be forced out during a sudden price move. Hyperliquid allows up to 20x leverage on its SOL perpetual market, although the available data does not show the average leverage traders are using.
Higher leverage moves a position’s liquidation price closer to its entry. Once liquidations begin, forced market orders can push price into the next cluster of vulnerable positions, accelerating either a decline or a short squeeze.
The wider SOL market is dominated by futures CoinGlass reported $7.14 billion in aggregate SOL futures open interest, approximately 23% above the $5.81 billion recorded when we examined Solana’s earlier recovery above $94 on August 22.
Hyperliquid accounted for approximately 9.65% of the latest total, making it a significant venue without representing the entire SOL derivatives market.
Aggregate futures volume reached $6.13 billion, compared with $630.02 million in spot turnover. For every dollar of reported spot volume, the derivatives market processed approximately $9.73.
Contracts can change hands repeatedly, while futures are also used for hedging and arbitrage, so the ratio is not a measure of new money. It shows that derivatives are playing a much larger role than spot exchanges in SOL’s short-term price discovery.
Three supports sit below the recent high The Coinbase daily chart placed SOL near $107, leaving the price just below the recent high and resistance band between $109 and $110. Buyers need a daily close above that area to move the recovery beyond another test of the same ceiling.
Solana (SOL/USD) daily price chart with Fibonacci levels and RSI indicator. The latest daily low near $104 provides the first indication of whether buyers are defending the move. Below it, the rising trendline around $101-$102 offers a second short-term reference.
The more important support sits near $99. This 0.236 Fibonacci retracement acted as resistance before SOL broke higher, making it the first structural test during a deeper pullback. A daily close beneath it would weaken the breakout and expose the next retracement near $91.42.
Daily RSI stood near 76.5, showing how quickly Solana has travelled through the upper part of the range. That reading is a warning about the rally’s pace, not a sell signal. Price must lose support before the stretched momentum becomes a confirmed breakdown.
Price and open interest must be read together If buyers clear resistance A daily close above the recent high would extend the recovery and could force traders positioned for another rejection to cover their shorts.
Rising price and rising open interest would show traders adding exposure during the breakout. Participation would be increasing, but so would the amount of positioning vulnerable to a reversal. Rising price and falling open interest would point toward short covering or broader deleveraging rather than a wave of new contracts. If structural support fails A daily close beneath the former breakout level would return SOL to its previous range and shift attention toward the lower retracement.
Falling price and falling open interest would fit a market in which traders are closing positions or leveraged longs are being liquidated. Falling price and rising open interest would show traders adding exposure during the decline, potentially through new shorts, hedges or longs attempting to buy the pullback. The derivatives build-up does not invalidate SOL’s rebound, but it makes the move less forgiving. Buyers now need price to keep pace with the exposure behind it. A prolonged stall beneath overhead resistance would leave more positions crowded into a narrow area, with the former breakout level separating an ordinary pullback from a broader failure.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency and leveraged derivatives trading involve substantial risk.
Author
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
Solana is currently trading near $106.49, reflecting a slight decrease of 0.19% in the last 24 hours. Throughout the latest session, SOL fluctuated between $104.64 and $110.17. Market capitalization has reached approximately $62.17 billion, supported by a trading volume close to $6.85 billion during the same period.
Technical breakout and $120 as the next key targetA recent rally positioned Solana above previous resistance at $97. After breaking this level, the price revisited the zone, confirming it as new support before rebounding above $100. This move has provided buyers with a firmer foundation for potential further gains.
Analyst Quinten Francois identified $120 as the next major target, noting the absence of significant structural resistance between current levels and the $119-$120 range. Francois stated that holding $97 on future pullbacks remains crucial for maintaining the bullish setup, while a dip below this threshold could weaken momentum.
Quinten Francois has observed that, “As long as $97 remains intact, the breakout structure continues to favor higher prices. A move back below this level would weaken the immediate bullish setup.”
Trading activity and chart analysis suggest that, for now, buyers are firmly in control, focusing on further upside toward $120.
Momentum and RSI signal expanded upsideSolana’s technical momentum has strengthened alongside a breakout in its relative strength index (RSI). After exiting a long-standing consolidation at $79-$80, both price and RSI pushed above key resistance, contributing to a nearly 40% rally from that breakout region. According to trader Symba, a sustained move above $105 could trigger another expansion of roughly 40%, bringing price targets into the $145-$150 area. Although high RSI readings could prompt short-term corrections, technical structure remains supportive as long as buyers defend current support zones.
Resistance LevelSupport LevelPotential Target$108-$110 (Sell wall)$97 (Key support)$120, $140, $150Rainbow Chart and long-term valuation bandsThe Solana Rainbow Chart, a long-term valuation tool, currently places SOL at the top of its “Fair Value” band around $90.75. The next valuation band, “Getting Spicy,” is located near $139.29. If momentum persists, analysts will watch for potential advances further into the $139-$140 area.
Higher bands on the chart highlight potential longer-term targets. These include $213.78 (“Frothy”), $328.11 (“FOMO”), and $503.59 (“Take Profits”). At present, the $139 region remains the nearest significant valuation milestone should the recovery continue.
Mini dictionary: Solana Rainbow Chart, a visual model that assigns different valuation bands to SOL based on historical price trends, often used by traders to estimate zones of overvaluation or undervaluation.
Network activity strengthens outlookSolana’s network continues to display strong fundamental support for price action. Daily active addresses have surpassed 5 million, placing the network ahead of many major blockchains and reflecting continued interest from users and developers.
While network activity does not inherently guarantee price increases, consistent usage alongside constructive technicals bolsters the case for sustained recovery in SOL’s price trajectory.
Short-term resistance and support dynamicsDespite bullish momentum, order-book analysis reveals a growing sell wall in the $108-$110 range. This supply barrier is causing resistance and has so far limited immediate follow-through after the price reached its recent daily high of $110.17. Below current levels, liquidity and buy walls have formed around $100-$102 and lower, suggesting a defined battleground between buyers and sellers. If sellers succeed in capping the rally here, a retest of $100 is possible. Conversely, absorbing this sell wall could clear the path toward higher targets.
Medium-term price prediction and key levelsWith $97 now acting as solid support and SOL trading above $105, analysts are eyeing $120 as the immediate upside objective. Beyond $120, both the Rainbow Chart and momentum-based projections point toward the $139-$150 range as significant milestones if current trends persist. A renewed break above $150 may then bring the $180-$200 area into play.
If SOL repeats another 40% momentum rally from its current base, price could reach the $145-$150 region, expanding medium-term targets beyond the initial $120 goal.
Maintaining support between $97 and $105 will be critical for buyers to preserve the breakout structure and pursue higher highs.
Overall outlookSolana is transitioning from reclaiming the $100 level to building a base above it, with near-term fluctuations centered between $97 and $105. If buyers manage to overcome added supply around $108-$110 and push price above $120, the path toward the $139-$150 zone grows clearer. Continued network growth and robust trading activity are strengthening the fundamental backdrop, but any loss of the $97 support would likely signal a retreat in bullish momentum and could expose the mid-$90s or lower levels.
Charles Schwab, one of the largest brokerage firms in the United States, has introduced a framework dividing five major digital assets based on their roles and risk profiles in investment portfolios. Adam Lynch, director of global equity research at Charles Schwab, outlined the firm’s approach, emphasizing the distinct functions and risk levels of each cryptocurrency.
Asset categorization in the Schwab crypto strategySchwab’s digital asset strategy positions Bitcoin and Ethereum as core portfolio components. Lynch characterized Bitcoin as a “classic debasement hedge,” highlighting its use in scenarios where fiat currency faces declining purchasing power. He noted that concerns about inflation and currency debasement justify Bitcoin’s presence in diversified investment portfolios.
Ethereum, though also discussed in relation to themes of currency debasement, is credited by Lynch as having broader functionality within the blockchain ecosystem. He pointed to Ethereum’s ability to support decentralized applications and smart contracts, distinguishing it from Bitcoin’s primary role as a store of value.
In contrast, Lynch classified Solana, XRP, and Hyperliquid as higher-volatility assets within the Schwab approach. He suggested these coins serve as complementary allocations, with their greater price fluctuations positioning them as higher-risk investments compared to Bitcoin and Ethereum.
Lynch explained, “Each asset category in our strategy serves a unique role. We do not treat cryptocurrencies as a single, undifferentiated asset class.”
Schwab’s strategy differentiates between core assets like Bitcoin and Ethereum, and higher-volatility options such as Solana, XRP, and Hyperliquid, aiming to create diversified exposure while managing risk.
This tailored asset division reflects Charles Schwab’s broader philosophy of employing asset-specific investment theses and not viewing the crypto market as a monolith.
Expansion of digital asset offeringThe evolution of Schwab’s crypto strategy aligns with continued platform development. The company recently announced the addition of Solana, Avalanche, and Chainlink to its crypto trading offerings. This move expands the available assets and provides clients with more choices beyond Bitcoin and Ethereum.
Solana, Avalanche, and Chainlink are each prominent blockchain protocols, with Solana known for its high-speed, low-cost transaction network; Avalanche notable for its customizable blockchain infrastructure; and Chainlink serving as a leading decentralized oracle network.
Mini dictionary: Hyperliquid is a decentralized perpetual trading protocol that offers zero-gas, instant transactions and utilizes off-chain order books for improved speed and efficiency compared to traditional on-chain decentralized exchanges.
Recent filings show Goldman Sachs holds the largest reported institutional position in Solana ETFs, investing $88 million. However, reporting requirements do not capture all institutional holders, suggesting real Wall Street exposure to Solana could be higher.
AssetCategoryRecent Schwab ActionBitcoinCoreDirect trading enabledEthereumCoreDirect trading enabledSolanaHigher volatilityAdded to platformAvalancheHigher volatilityAdded to platformChainlinkHigher volatilityAdded to platformXRPHigher volatilityStrategic assetHyperliquidHigher volatilityStrategic assetMarket context and recent price movesSchwab’s updated crypto strategy arrives amid heightened volatility in cryptocurrency markets. Bitcoin’s price fell below $77,000 after US Federal Reserve Chair Kevin Warsh delivered hawkish comments at the Jackson Hole conference, signaling a potential tightening of monetary policy and the likelihood of interest rate hikes.
With inflation in the United States remaining above the central bank’s 2% target for 65 consecutive months, forecasts of an imminent easing in monetary policy have become less likely. Warsh’s consistently hawkish stance since taking office has contributed to persistent uncertainty in financial markets.
Charles Schwab’s strategy, which attributes unique roles to each cryptocurrency, seems to be a response to both structural developments in the digital asset space and ongoing macroeconomic pressures from monetary authorities.
On Aug. 29, Lookonchain reported two large SOL withdrawals: one wallet withdrew 281,446 SOL, valued at about $29.68 million, from Binance, while another withdrew 37,272 SOL, worth about $3.87 million, from Kraken. The original data post is available on X.
The Data Point The report gives a narrow snapshot rather than a promise about future prices. Its figures describe the wallets, products or market segment identified in the post, and the timing matters because crypto activity can change quickly. For the Aster move, the reported return was unrealized. For the GOLD sale, the wallet attribution came from on-chain tracking. For the SOL withdrawals, the transactions show movement from named exchanges but do not reveal the owners’ plans. For the ETF, exchange-balance and volume items, the figures are measurements from the named data providers, not official statements from every market participant.
Why It Matters These developments matter because they show how trading activity, custody decisions and liquidity can affect digital-asset markets. A new perpetual listing can attract leverage as well as attention. A coordinated-looking token sale can raise questions about concentration and disclosure. Large withdrawals may reduce immediately visible exchange balances, but they do not automatically indicate accumulation. ETF inflows can broaden regulated access, while exchange outflows can reflect many motives, including self-custody, staking or transfers between venues. Volume dominance likewise measures participation, not the quality or durability of the assets being traded.
What the Report Does Not Show The posts do not establish that any reported move will continue. They also do not, by themselves, prove intent, ownership or a completed change in market structure. Readers should distinguish realized gains from unrealized positions, observed transfers from wallet labels and data-provider estimates from audited financial disclosures. Those limits are especially important in fast-moving token markets, where thin liquidity can amplify both gains and losses.
Next Indicators Follow-up evidence will include whether the activity persists after the initial move, whether additional wallets or filings clarify attribution, and whether liquidity remains available across venues. In the ETF and exchange-balance cases, subsequent daily flows will show whether the reported direction was temporary or part of a longer trend. Until that evidence arrives, the developments remain dated market observations. BlockchainReporter will continue to separate sourced on-chain data from interpretation and avoid turning a single reading into a forecast. Context is available in earlier market coverage.
AUTHOR
Kester is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media. In addition to being a skilled content writer, Mushumir is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushumir enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for BlockchainReporter.
According to official announcements, anonymous Q&A social game Chomp has secured $3.6 million in funding, jointly led by Jsquare and Blueyard, with participation from VCs including Accomplice, Big Brain Holdings, No Limit Holdings, Reverie, and Caballeros. Chomp is a social game built on anonymous Q&A and prediction mechanics, allowing users to answer questions and predict others’ responses to uncover public sentiment and their own cognitive biases in perceiving others. Beyond its consumer product, Chomp applies this anonymized, well-labeled opinion data to use cases such as AI model training and consumer research. The company believes this type of data can capture subjective opinions hard to access from the public internet, providing high-context data for AI models. Founder and CEO Kiko previously served as COO of Orca, a decentralized exchange in the Solana ecosystem.
Kylie Jenner’s X account was reportedly hacked and used to promote a meme coin called kylie. The token’s market capitalization peaked at nearly $1.19 million before falling by roughly 68%.
The posts no longer appear on the account, which has 39.5 million followers. Several other kylie tokens are now trading on the Solana (SOL) network, each only a few hours old.
Deleted Posts Sent kylie Token Past $1 MillionThe account first posted a casual message about trading, then pointed followers to a Pump.fun profile named cutekjenner. A second post carried the ticker and a contract address.
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The two posts drew roughly 50,000 and 33,000 views before deletion. Community accounts flagged the abrupt tone as a sign of compromise.
The token climbed to a $1.19 million market capitalization on PumpSwap, according to GeckoTerminal data.
At press time, its market cap stood near $378,500, with $6.1 million in 24-hour trading volume. Liquidity now sits near $58,900, held by roughly 3,700 holders.
kylie Token Market Cap Chart Showing the Spike and Retrace. Source: GeckoTerminalAccount Hacks Keep Turning Into Meme Coin Rug PullsThe deleted posts left a trail of imitators behind them. Traders have minted a cluster of rival Kylie-themed tokens on Solana, most of them worth very little.
One rival kylie token, carrying the same profile image, reached a $1.04 million market cap on $6.72 million in trading volume. Others sit between $29,800 and $370,300. None had traded for longer than seven hours at the time of writing.
Kylie-Themed Meme Coins Trading on Solana. Source: GeckoTerminalThe playbook mirrors recent takeovers. Attackers used the SpaceX and Starlink accounts in July to push SCATMAN, netting around $125,000.
In late July, Robinhood CEO Vlad Tenev’s account was compromised, and the attacker cleared roughly $1.2 million through Vladhood.
Senator Cynthia Lummis’ compromised account then promoted a fake USA token, while actor Dean Norris disowned a DEAN coin in January 2025.
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Move SOL from Solana to Injective with Phantom and deBridge.
Phantom signs the transaction on Solana. deBridge then executes a cross-chain swap that delivers INJ to your destination address on Injective. Your SOL does not arrive as wrapped SOL. It is exchanged for INJ as part of the route.
You will use Phantom for the Solana side of the transfer and an Injective wallet that provides a destination address beginning with 0x, such as MetaMask, to receive and manage the INJ. Injective supports both 0x and inj address formats, which map to the same account. Learn more in the Injective wallet documentation and address documentation.
This guide walks through the full process using the official deBridge app.
Before You BeginYou need:
Phantom installed from the official Phantom websiteSOL in your Phantom wallet on Solana MainnetAdditional SOL available for the Solana network fee and the fees shown in the deBridge quoteAn Injective-compatible EVM wallet, such as MetaMask, with a destination address beginning with 0xIf you need to set up Injective in MetaMask, use the official Add Network to Your Wallet page. Injective EVM Mainnet uses chain ID 1776.
Check the domain before connecting your wallet. The official app address is app.debridge.com.
Never enter your Phantom recovery phrase or private key into deBridge or any website. Phantom connections and transaction approvals happen inside the wallet.
Step 1 - Open deBridgeGo to the deBridge app.
The interface shows the asset you pay with at the top and the asset you receive below it. Keep Market selected for a standard cross-chain swap.
Step 2 - Connect PhantomSelect Connect wallet.
Choose Phantom from the Solana wallet list. Phantom will open and ask you to approve the connection. Select the account holding the SOL you want to transfer, then approve the connection.
Connecting lets deBridge view your public Solana address and request transactions. It does not move funds by itself.
Step 3 - Select Solana and SOL as the SourceOpen the token and network menu under You pay.
Select Solana as the source network and SOL as the source asset. deBridge will display the SOL balance available in your connected Phantom account.
Keep enough SOL in Phantom to cover the source transaction and the fees shown in the quote. Do not enter your entire balance.
Step 4 - Select Injective and INJ as the DestinationOpen the token and network menu under You receive.
Select Injective as the destination network and INJ as the destination asset.
Your completed route should show:
Source network as SolanaSource asset as SOLDestination network as InjectiveDestination asset as INJThis is a cross-chain swap from SOL into INJ. deBridge uses its liquidity network to deliver the requested asset to the destination wallet. Read more about the deBridge execution model.
Step 5 - Enter Your Injective Destination AddressUnder Trade and Send to Another Address, paste the 0x address from the EVM wallet you use with Injective.
The current deBridge route expects an Injective address in hexadecimal format beginning with 0x. Do not paste your Solana address from Phantom into this field. Do not paste your address in the format beginning with inj.
Injective's 0x and inj addresses are two formats for the same underlying account and map to each other one-to-one. Both addresses for an account can be viewed from the official Injective explorer, injscan.com. If you use MetaMask with Injective, copy the public 0x address from that account. Double-check the first and last characters after pasting it.
Avoid using a centralized exchange deposit address unless the exchange explicitly confirms that it supports INJ deposits through the Injective network.
Step 6 - Enter the AmountEnter the amount of SOL you want to transfer.
deBridge will calculate the estimated INJ you will receive and display the route, fees, and estimated completion time. Review the live quote because rates and fees can change. A first deBridge order from a Solana wallet may also include account setup costs shown in the transaction estimate.
Start with a small transfer when using deBridge or a new destination address for the first time.
Step 7 - Review and Confirm the TradeCheck every detail before signing:
The source network is SolanaThe source asset is SOLThe destination network is InjectiveThe destination asset is INJThe destination is the correct 0x address that you controlThe estimated INJ output, rate, and total fees match your expectationsSelect Confirm trade when you are ready.
Phantom will open with the Solana transaction. Review the amount, network fee, and transaction details inside Phantom, then approve the transaction.
deBridge uses a non-custodial order model. The source transaction creates an order, and a solver fulfills it by delivering the quoted asset to the recipient on the destination chain. deBridge documents the protocol's fees and supported chains.
Step 8 - Track the TransferAfter Phantom submits the transaction, deBridge will display the order status.
Keep the page open until an order ID or tracking link appears. Save the order ID so you can reopen the transfer in deExplorer if needed. The source transaction must confirm on Solana before the INJ is delivered on Injective.
Processing time depends on network conditions and route availability. Wait for the status to show that the order has been fulfilled before treating the transfer as complete.
Step 9 - Verify Your INJ on InjectiveOnce deBridge marks the order as fulfilled, open the Injective Hub Wallet page and connect the wallet that owns the destination 0x address.
Confirm that the received INJ appears in the wallet balance. You can also search the destination address or transaction on injscan.com.
Your SOL has now been exchanged for INJ and delivered to your account on Injective.
Bridge SOL to InjectivePhantom and deBridge give Solana users a direct route into Injective.
Open the deBridge app, connect Phantom, choose SOL on Solana and INJ on Injective, enter an Injective 0x destination address, and approve the transaction in Phantom. Once the order is fulfilled, verify the INJ in your Injective wallet.
DisclaimerThis article is for informational purposes only. It is not financial or investment advice.
Wallet support, bridge interfaces, available routes, fees, rates, and processing times can change. Verify the domain, networks, assets, destination address, amount, and fees before signing any transaction.
About InjectiveInjective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Netflix released Grand Theft Auto VI’s Extended Look trailer on August 27, sparking global fan frenzy just hours after the leaker behind the game’s stolen footage quietly cashed out.
The 26-minute preview, produced by Rockstar Games, showed the protagonists, Jason and Lucia, navigating Leonida’s open world through chases, shootouts, and everyday scenes at home.
Netflix’s Trailer Capped Months of Leaks and SpeculationThe special showed Jason and Lucia working through missions across Leonida, including a trap house drug bust and a job for nightclub owner Boobie Ike, with players able to switch between both protagonists mid-mission.
Netflix held an exclusive six-hour window before Rockstar released the same footage for free on YouTube and the official GTA VI site at 9 p.m. ET. Rockstar also issued guidance to creators on X, allowing reaction content and livestreams from the moment the special aired, but asking fans not to simply repost the raw video without commentary.
The stakes around viewership were unusually high. GTA VI’s second trailer, released in May 2025, pulled in 475 million views across platforms within 24 hours, a launch-day record that beat Deadpool & Wolverine.
The first trailer alone drew 93 million YouTube views on its opening day. GTA VI remains set for a November 19 launch on PlayStation 5 and Xbox Series X|S, priced at $79.99, capping more than 13 years of anticipation since GTA V’s release.
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That long wait fueled an unauthorized leak campaign that dominated headlines for over a week. An anonymous figure known as CyberLeek posted 15 clips watermarked with a Solana token called CYBERLEEK, urging viewers to buy in with messages like higher market cap means more leaks.
The Leaker Dumped Tokens Hours Before the Official RevealOn-chain investigators, including a GTAForums researcher known as Vice Cit, tracked roughly $268,000 moving out of CYBERLEEK’s transaction-fee pool in the hours leading up to Netflix’s premiere.
“The money was then divided up between 4 transactions and sent to various wallets that ultimately ended up in three different places; KuCoin, CCE.Cash, and there are some still sitting in various wallets that haven’t moved yet,” Vice Cit reported.
CYBERLEEK’s price collapsed as the withdrawals surfaced. The token now trades at $0.004595, down 54% over the past 24 hours, with a market cap of roughly $3.33 million, according to CoinGecko data.
That leaves it 86.8% below its all-time high of $0.03436, reached on August 23. The leaker had earlier burned 270 million unsold tokens, a move researchers say was meant to build trust before the final cash-out.
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CyberLeek (CYBERLEEK) Price Performance. Source: CoinGeckoRockstar addressed the saga directly in a statement, calling the leaks heartbreaking for the team and asking fans to wait for the official launch rather than let stolen footage shape their expectations. Take-Two has separately secured subpoenas against Discord, Microsoft, and X, seeking to identify whoever operated the CyberLeek persona.
Analysts project GTA VI could generate between $3.3 billion and $5.2 billion in global sales during its launch week, according to CyberScoop, with Take-Two guiding toward $8 billion to $8.2 billion in fiscal 2027 bookings tied largely to the title.
Independent OpenZeppelin review of TxFlow’s bridge contract marks another step in TxFlow’s approach to security as its L1, DEX, and builder ecosystem continue to develop.
TxFlow announces the completion of an independent security audit by OpenZeppelin, one of the world’s most established blockchain security firms, trusted by major organizations and protocols including Coinbase, the Ethereum Foundation, Uniswap, Aave, Arbitrum, ZKsync, Compound, and others.
OpenZeppelin’s review covered TxFlow’s bridge contract, a critical component of the infrastructure supporting the movement of capital between external networks and TxFlow L1. OpenZeppelin’s review identified zero critical and zero high-severity findings. One medium-severity finding was identified and resolved during the audit process.
The independent review forms part of TxFlow’s broader approach to incorporating external security expertise as its financial infrastructure and ecosystem continue to develop. Alongside TxFlow DEX and continued L1 development, TxFlow is also building Builder Code, with additional details to be announced as both initiatives move closer to release. Together, these developments support TxFlow’s broader objective: to build a Layer 1 designed specifically for financial markets, bringing trading, liquidity, and financial applications onto one blockchain where all finance happens.
Security at TxFlow L1 is a continuous responsibility: An Independent Review by OpenZeppelin As part of this commitment, we work with leading independent security experts to rigorously assess our infrastructure. In 2026, OpenZeppelin completed a security audit of Bridge2, the USDC bridge connecting Arbitrum One to TxFlow L1. TxFlow aims to continue to strengthen its security architecture, monitoring, and operational safeguards as the network evolves. The audit report provides the technical scope, findings, and assessment from OpenZeppelin and is available for the community to review directly.
TxFlow’s broader bridge infrastructure supports deposits and withdrawals across Arbitrum One, Ethereum, Base, Polygon PoS, and Solana. TxFlow’s documented bridge flow includes controls around the movement of funds, including validator-approved withdrawals and a built-in safety wait before withdrawals are completed.
These controls form part of TxFlow’s approach to protecting one of the most important functions of financial infrastructure: the movement of capital between networks.
Global-Grade Security from the Ground Up TxFlow is building its security program with the standards expected of serious financial infrastructure in mind. To support that approach, TxFlow engaged OpenZeppelin, one of the world’s most established blockchain security firms. OpenZeppelin has completed more than 900 security audits, identifying more than 10,000 issues, including 700+ critical and high-severity vulnerabilities, across blockchain protocols and financial infrastructure.
Its security work spans major crypto organizations and ecosystems including Coinbase, the Ethereum Foundation, Uniswap, Aave, Arbitrum, ZKsync, Optimism, and Compound, as well as established financial institutions and infrastructure providers including DTCC, Fidelity Digital Assets, WisdomTree, ANZ, and CACEIS.
For TxFlow, working with globally recognized security specialists at an early stage establishes a clear approach: independently review critical infrastructure as the network and ecosystem grow. Security is not an add-on to financial infrastructure. It is part of the infrastructure itself.
Building Infrastructure for On-chain Finance TxFlow L1 is designed specifically for financial markets and applications.
TxFlow DEX, a fully on-chain central limit order book for perpetual markets, is the first application built on TxFlow L1. The DEX is the first product operating on a broader infrastructure layer. TxFlow L1 is designed to support multiple financial applications and markets on the same network, including perpetuals, spot markets, prediction markets, and new categories of on-chain financial products. Through TxFlow Improvement Protocol (TIP) Liquidity Standards, Channels can connect to common execution, settlement, and liquidity infrastructure rather than operating as isolated applications.
For traders, that means infrastructure designed around markets from the start.
For builders, it creates a foundation for developing new financial applications on a network designed for trading, liquidity, and settlement.
What’s Next: Builder Code Alongside continued development of TxFlow L1 and TxFlow DEX, the team is building two new ecosystem initiatives: TxFlow Builder Code.
Builder Code is being developed to expand how builders and ecosystem participants can contribute to and grow alongside the network. For the TxFlow community, these initiatives represent the next stage of ecosystem growth: more ways for traders to participate, more ways for builders to contribute, and more activity across the TxFlow network.
About TxFlow L1 TxFlow L1 is a high-performance blockchain built for on-chain financial infrastructure, organized around TIP Liquidity Standards that define how financial products are built, composed, and settled on-chain. TxFlow DEX is the first Channel on TxFlow L1, a CLOB orderbook DEX for perpetual trading, processing over 250,000 TPS with one-block finality. Through its TxFlow Improvement Protocol standards and Channel architecture, TxFlow enables spot markets, derivatives, prediction markets and future financial products to operate on the same chain while connecting to shared execution and settlement infrastructure where all finance happens. TxFlow L1 is building an open, composable and community-owned financial ecosystem in which each new application can strengthen the infrastructure available to those that follow.
About OpenZeppelin OpenZeppelin is a leading security partner for on-chain finance, trusted by organizations including DTCC, Fidelity Digital Assets, WisdomTree, Coinbase, Uniswap, Aave, and the Ethereum Foundation. Since 2015, OpenZeppelin has secured more than $35 trillion in value transferred and delivered 900+ security engagements, surfacing more than 10,000 vulnerabilities across critical on-chain infrastructure. Its open-source smart contract libraries are an industry standard used across leading stablecoins, tokenized assets, and blockchain applications.
Polygon discloses multiple security vulnerabilities in its PoS network, which have been fixed through two hard forks.
Polygon has disclosed multiple security vulnerabilities affecting its Proof-of-Stake (PoS) network, targeting the Bor and Heimdall clients, which could lead to denial-of-service (DoS) attacks, validator resource exhaustion, and abnormal checkpoint and milestone processing. Fixes for these flaws have been deployed to the mainnet via the recently completed Austin and Kyoto hard forks. The most critical vulnerability resides in Heimdall, where attackers can craft special transactions to force validators to execute an excessive number of processing tasks, thereby disrupting network operations. The Austin hard fork also patched two DoS risks in Bor, which could have resulted in reduced block processing speeds or node crashes. Polygon noted that no exploitation of these vulnerabilities has been detected on the mainnet, and the team proactively completed the fixes before publicly disclosing technical details. All Polygon PoS nodes must run Bor v2.10.0, while validators and full nodes also need to upgrade to Heimdall v0.11.0; nodes still running older versions have fallen out of consensus and must update to rejoin the mainnet.
10 minutes ago
A crypto whale has purchased 76,856 SOL tokens, valued at approximately $8 million, after 8 months of inactivity.
According to Lookonchain's monitoring, a crypto whale that had been dormant for 8 months purchased 76,856 SOL tokens from Hyperliquid, worth $8 million.
10 minutes ago
Trader alias "Maji" saw his high-leverage rollover positions hit volatile market conditions, leading to a $2.35 million shrinkage in his account value, while he still holds $114 million in long positions.
According to on-chain analyst Yu Jin Monitoring, "Big Brother Ma Ji" Huang Licheng's high-leverage rollover strategy is highly dependent on a one-sided upward market trend. Once the market shifts to consolidation or a downturn, even minor downward fluctuations could trigger stop-losses and forced position reductions, leading to continuous account erosion. Over the past few days, both BTC and ETH have been consolidating at high levels with little overall price movement, but Big Brother Ma Ji's account balance has dropped from $11.15 million to $8.8 million, a decrease of roughly $2.35 million, primarily due to frequent stop-losses and position cuts during the minor price pullback. Currently, his long positions are valued at approximately $114 million, of which around $100 million is ETH long contracts, with an entry price of $2,463 and a liquidation price of $2,307. If ETH continues its one-sided rally, leverage will further amplify gains; if it remains consolidating or turns bearish, he may face another round of forced position reductions and give back around $11 million in gains from the prior upward trend.
10 minutes ago
A mysterious whale has made another purchase of 243,713 HYPE tokens over the past 10 hours, worth approximately $20.24 million.
According to Lookonchain’s monitoring, the mysterious whale address 0x6436 made another purchase of 243,713 HYPE tokens over the past 10 hours, valued at approximately $20.24 million.
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Genius Group plans to resume buying Bitcoin in Q4, with the goal of growing its Bitcoin treasury to $827 million by fiscal year 2031.
Genius Group announces a $1.2 billion capital plan, intending to use the shelf registration declared effective by the U.S. SEC in July 2025 to raise funds for its dual AI and Bitcoin treasuries. The company’s board of directors has approved goals to build an $800 million AI treasury and an $827 million Bitcoin treasury by fiscal 2031, while boosting total assets to $2 billion. Genius Group plans to use perpetual preferred securities as its primary financing instrument, a method it says is designed to increase net asset value (NAV) per share and reduce dilution of common shareholders. The firm intends to first issue $12.5 million in perpetual preferred securities, which are expected to be non-convertible and pay floating returns monthly. Proceeds will be allocated to the AI treasury, Bitcoin treasury, and a U.S. dollar reserve covering approximately 18 months of preferred stock dividends; specific terms and timing of the offering have not yet been finalized. Currently, the company holds a net asset value of $106.6 million, with a NAV per share of $0.62, and its closing price on August 26 stood at $0.18 per share. Genius Group projects its NAV per share could rise to $2–$4 over the next five years, though this target depends on financing execution and market conditions. The firm previously exited its Bitcoin holdings and plans to resume purchasing BTC in the fourth quarter of 2026.
10 minutes ago
realtrumpcoins has not launched or authorized any digital tokens and is cooperating with law enforcement agencies to investigate related incidents.
realtrumpcoins released a statement saying reports that Trump Coins has launched, promoted or authorized digital tokens are "completely untrue", noting the information is a malicious act by a third party. The statement emphasized that Trump Coins has never authorized any digital tokens, and will not launch, promote or authorize any such tokens in the future. It is currently cooperating with relevant law enforcement agencies to investigate the incident and seek to hold responsible parties accountable. Earlier reports noted that meme coin GOLD was created on Solana at 7:38 yesterday. Related addresses controlled more than 82% of the token’s total supply via distribution and post-launch buying. Around 9 a.m., Trump merchandise partner account @realtrumpcoins1 posted a tweet containing the GOLD contract address, pushing the token’s market cap to a peak of $66 million. At around 11:48 a.m., the tweet was deleted, and the associated addresses immediately began concentrated selling. GOLD’s market cap plummeted from $55 million to $1 million in roughly 30 seconds; the scammers then continued to offload their holdings, eventually selling all their tokens for a total profit of approximately 9,784.6 SOL (equivalent to around $1.01 million).
Imagine a prediction market, but instead of betting on elections or sports, you’re staking tokens on whether a specific software engineer will get hired. That’s Benchdot Markets, which went live on Solana’s Mainnet on August 24 courtesy of Arcium, the encrypted computation network that styles itself as a privacy-focused “encrypted supercomputer.”
The platform introduces what Arcium calls “opportunity markets,” a category it claims is the first of its kind in digital assets. Companies post open roles with optional prize pools attached, and participants called “scouts” stake on candidates they believe will land the job. If their pick gets hired, they earn a share of the bounty. If not, their stake gets refunded.
Alpha numbers that actually look solid Benchdot didn’t materialize overnight. The platform ran a Devnet alpha phase starting April 27, 2026, and the early traction was noteworthy. Over 4,000 users signed up within the first week alone.
By the time the alpha wrapped up, 900 unique participants had staked across 12 distinct markets, creating 276 options in total. The combined stake volume hit $7.67M.
Why privacy matters in hiring markets The core pitch for Benchdot hinges on a real problem with transparent prediction markets: herding and front-running. When everyone can see where stakes are flowing in real time, participants tend to pile into the same positions, diluting the quality of the signal.
Arcium addresses this with multi-party computation, or MPC. In practical terms, MPC lets multiple parties jointly compute a result without any single party seeing the raw inputs. Applied to hiring, this means scouts can stake on candidates without their choices being visible to other participants or even to the hiring company until the market resolves.
Arcium’s broader trajectory Benchdot Markets sits within a larger ecosystem that Arcium has been methodically building. The network reached Mainnet Alpha back in February 2026, establishing the foundational infrastructure for confidential applications on Solana.
Four months later, in June 2026, Arcium released its governance and utility token $ARX, giving the ecosystem a native economic layer. The project has raised more than $7.5M to date and supports over a dozen teams building confidential applications on its infrastructure.
The Solana angle is also strategic. Solana’s low transaction costs and high throughput make it a natural home for a product that requires frequent staking interactions across many participants.
What this means for the market The refund mechanism for unsuccessful stakes lowers the barrier for participation. Unlike traditional prediction markets where losing bets evaporate, Benchdot’s model means scouts only lose opportunity cost, not principal.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana registered its largest daily token burn in nearly seven months, destroying $87,000 worth of SOL on August 21. This spike in burns coincides with surging on-chain activity and increased transaction volumes across the network.
Burn mechanisms and rising on-chain activityThe Solana blockchain automatically removes half of all base transaction fees from SOL’s circulating supply. Under normal network conditions, around $47,000 worth of SOL is burned each day. The sharp rise to $87,000 followed a period of heightened on-chain usage and growing decentralized finance (DeFi) volumes.
Validator services such as Helius and Jupiter, along with developer collectives like Anza, influence the economics behind these burns. Additional involvement comes from organizations that actively manage crypto treasuries, such as DeFi Development Corp and Forward Industries. All together, these entities support an environment in which burn rates directly reflect real-world network demand.
Burn levels are integral to Solana’s broader supply and value dynamics. Each day, approximately 60,000 SOL is newly minted and the historical daily burn typically ranges near 650 SOL. The recent uptick means net inflation trends lower, a factor closely monitored by ecosystem participants.
Recent spikes in user activity and fee revenue enabled Solana to destroy $87,000 of SOL in a single day, its highest level in seven months, pushing net inflation lower and highlighting robust demand for block space and DeFi applications on the network.
Governance proposals and inflation outlookThe community is currently voting on Solana governance proposals SGP-0002 and SGP-0003, both of which are set to influence future burn patterns and network economics. A key technical update, SIMD-0553, seeks to introduce resource-based fees, which would elevate daily burns to between 7,500 and 9,000 SOL—potentially totaling up to $6.2 million. Another proposal, SIMD-0550, would accelerate a deflationary shift, targeting an inflation rate of 1.5% by 2029.
Validator concerns center on cost predictability and the impact of these changes on staking rewards and token supply. Adjustments to burn rates can affect validator incomes and require stakeholders to adapt as deflation becomes more pronounced.
Mini dictionary: Validators, also known as node operators, are responsible for securing the Solana network, processing transactions, producing new blocks, and earning staking rewards. They play a crucial role in implementing network proposals and ensuring the blockchain’s integrity.
Date/EventDaily SOL BurnUsual RangePotential Maximum (Projected)August 21, 2024$87,000$47,000$6.2 million (SIMD-0553)Impact on investors and ecosystemHigher burn rates can offer benefits for both institutional and retail investors by controlling the supply and potentially supporting the valuation of SOL over time. From the perspective of network developers, payment systems, and DePIN builders, stronger burn signals real activity, demonstrating Solana’s competitiveness compared to blockchains such as Ethereum and various Layer 2 networks.
The ecosystem continues to watch the ongoing governance votes, which end on August 29. The outcome is expected to shape Solana’s supply dynamics and validator economics in the months ahead.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Solana’s RWA ecosystem has crossed $4 billion in total value for the first time, marking another milestone for a sector that has expanded rapidly over the past year.
Data from RWA.xyz shows Solana’s RWA total value at roughly $4.04 billion, alongside 350,166 RWA holders. The network now hosts more than 2,678 different kinds of real-world assets, ranging from tokenized equities and credit products to other forms of onchain financial assets.
The growth has also attracted significant capital. Solana recorded approximately $2.73 billion in net RWA flows over the past year, suggesting the expansion reflects more than short-term market movements.
Stocks on Solana Keep Breaking Records Tokenized equities have become one of Solana’s most visible RWA growth areas. Last week, the circulating supply of tokenized equities on Solana reached approximately $486 million, setting another all-time high. Traders have increasingly welcomed a market where traditional equities can trade right alongside memecoins.
Solana has maintained a strong lead in tokenized equity spot trading. According to Blockworks data, the network has recorded more tokenized equity spot trading volume than all other blockchains combined for 60 consecutive weeks since June 30, 2025.
While speaking on the When Shift Happens podcast, Jupiter COO Kash Dhanda pointed to tokenized equities as evidence of Solana’s growing role in the RWA market.
He also argued that most onchain tokenized equity trading has occurred on Solana.
Network Activity Adds to the Picture The RWA expansion comes alongside a broader increase in network activity. Solana has processed more than 1 billion transactions for 4 consecutive weeks, reaching a record 1.31 billion transactions last week.
The network also leads every Layer 1 and Layer 2 blockchain in weekly DEX volume for the 17th consecutive week.
Kash described the trend as a potential comeback for Solana, pointing to rising participation, improving performance and the arrival of Alpenglow as factors that could strengthen the network's ability to absorb additional liquidity.
Read More on SolanaFloor SGP-003 Critics Argue Resource Fees are “Damaging to Solana”
$14.59M Flows Into Solana ETFs as $SOL Breaks $90: Are We Back?
The Bitwise Solana Staking ETF (BSOL) saw nearly $100 million in trading volume in a single day, a milestone that underscores just how much institutional and retail demand has built around yield-generating crypto products.
BSOL, which trades on NYSE Arca, isn’t just a passive SOL tracker. It stakes 100% of its holdings, meaning investors get both price exposure to Solana and staking rewards in a single regulated wrapper. That dual value proposition, combined with a rock-bottom 0.20% management fee, has clearly resonated with the market.
From launch day fireworks to sustained momentum When BSOL debuted on October 28, 2025, it generated first-day volume between $55.4 million and roughly $69.5 million.
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Assets under management told an even more compelling story. The fund launched with approximately $217 million in AUM, blew past $500 million by November 2025, and has since climbed to roughly $760 to $770 million.
Bitwise waived the 0.20% sponsor fee entirely on the first $1 billion in assets for a three-month introductory period, making the cost of entry effectively zero for early adopters.
The staking yield adds another layer. SOL staking rewards have historically averaged around 7%, representing a differentiated income stream for investors already comfortable with digital asset exposure.
Tokenization enters the picture On August 13, 2026, Bitwise announced it would explore tokenizing BSOL shares through a partnership with Superstate. If executed, this would allow the ETF’s shares to exist on-chain, potentially expanding both liquidity and access beyond the traditional brokerage rails that ETFs typically rely on.
The Superstate partnership is still in exploratory phases.
A crowded field, but BSOL found its lane What sets BSOL apart from a vanilla Solana ETF is the staking component. A roughly 7% annualized yield, even if variable, provides an income story that pure price-tracking products can’t match.
With AUM approaching $770 million and the $1 billion mark within striking distance, the fee waiver clock is ticking. Investors who want the zero-fee window still have a narrowing opportunity before the 0.20% fee kicks in.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Solana’s fee model is about to get a lot more granular, and not every application will love the math. A simulation run by analyst @MostlyData_ quantifies what SGP-0003 would actually do to transaction costs across the network, and the results paint a picture of winners, losers, and a dramatically larger burn rate.
The governance proposal, introduced on August 3, 2026, alongside SIMD-0553, would retire Solana’s flat 5,000-lamport base fee in favor of a two-part system: a fixed 2,500-lamport inclusion fee paid to the block leader, plus a variable resource fee starting at 0.1 lamports per requested compute unit that gets burned entirely.
What the simulation actually found The core finding is blunt: Solana transactions are ordering way more food than they eat. On average, transactions request about 20% more compute units than they actually consume. Under the current flat-fee system, that overestimation costs nothing extra. Under SGP-0003, it costs real money.
That mismatch hits routers and aggregators hardest. The simulation pegged average fee increases at roughly 0.000068 SOL for Jupiter, 0.00010 SOL for Titan, and 0.00012 SOL for DFlow.
Only about 28% of transactions would see a fee increase below 10% if resource pricing accurately reflects consumption.
There is a bright spot for validators. Optimized vote transactions could become approximately 12.3% cheaper under the new model.
The burn math changes dramatically Currently, Solana burns around 648 SOL per day from signature fees. The simulation projects that SGP-0003 would push daily burns to somewhere between 1,500 and 9,000 SOL per day.
The proposal was introduced alongside a separate measure to double Solana’s disinflation rate from 15% to 30%, meaning the network would simultaneously increase token burns and accelerate the reduction of new token issuance.
Who wins and who adjusts The proposal essentially creates a tax on inefficiency. Applications that carefully calibrate their compute requests will pay fees closer to the old flat rate, or possibly less. Applications that habitually over-request CUs will pay a premium for that safety margin.
Central limit order book market makers face an especially interesting calculus. These operations submit high volumes of transactions with significant compute requirements, and even small per-transaction fee increases compound quickly into material cost changes. The simulation highlights CLOB market making as a category particularly exposed to the new pricing.
Routers like Jupiter already dominate Solana’s DeFi transaction flow. A fee increase, even a modest one per swap, could ripple through to end users or compress margins for aggregator protocols.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
