Altcoinlerin son dönemde Bitcoin’den daha iyi performans gösterdiği yönündeki yorumlar kripto piyasasında yeniden gündemde. Ancak bir analistin yaptığı basit karşılaştırma, bu görüşün tüm piyasa için geçerli olmayabileceğini ortaya koyuyor.
VirtualBacon adıyla bilinen trader Denis Liu, Bitcoin’in 22 Ağustos ve 9 Eylül’de neredeyse aynı seviyede olduğu iki günü karşılaştırdı. BTC bu iki tarihte sırasıyla 78.313 ve 78.440 dolar seviyesindeydi.
Peki Bitcoin yaklaşık aynı yerdeyken altcoinler ne yaptı?
Bitcoin Aynı Yerdeyken Altcoinler Ne Kazandı? Liu’nun karşılaştırmasına göre büyük altcoinlerin çoğu Bitcoin’deki hareketsizliğe rağmen güçlü bir ayrışma göstermedi.
Ethereum %1, XRP %2, Dogecoin %2, Tron %1 ve Cardano %3 gerilerken, büyük altcoinler arasındaki istisnalardan biri Avalanche oldu ve %2 yükseldi.
Liu’ya göre dokuz büyük altcoinin altısı, 22 Ağustos’taki seviyelerine yalnızca birkaç puan uzaklıkta kaldı. Bu da Bitcoin yükseldiğinde altcoinlerin de hareket ettiğini, ancak BTC yatay kaldığında bu kazançların önemli bölümünün geri verildiğini gösteriyor.
Buradaki temel soru ise şu: Altcoinler gerçekten Bitcoin‘i geride mi bırakıyor, yoksa yalnızca Bitcoin’in hareketlerini daha sert mi takip ediyor?
Hangi Altcoinler Bitcoin’den Daha İyi Performans Gösterdi? Karşılaştırmada tamamen ayrışan coinler de vardı.
Solana iki tarih arasındaki dönemde %10, BNB %9 ve Chainlink %5 yükseldi.
Ancak Liu, bu hareketlerin başka bir sorunu beraberinde getirdiğini düşünüyor. Bir coin yükselmeye başladıktan sonra hikâyesinin piyasada yaygın şekilde konuşulmasını beklemek, yatırımcının hareketin önemli bölümünü kaçırmasına neden olabilir.
Bu nedenle trader, daha güçlü performans gösteren altcoinleri takip etmek yerine Bitcoin’i elinde tutmayı tercih ettiğini söyledi.
Liu’nun yaklaşımı, altcoin rallisinin tamamını reddetmiyor. Asıl itirazı, birkaç güçlü performansın bütün piyasaya mal edilmesine.
Bitcoin’den sadece daha sert hareket eden bir coin, yine de Bitcoin’i takip ediyor.”
— VirtualBacon
“Altcoinler Bitcoin’i Geçiyor” Görüşü Neye Dayanıyor? Piyasada bunun tam tersini savunan analistler de bulunuyor.
Matthew Hyland, 100’den fazla büyük altcoinin farklı zaman dilimlerinde Bitcoin’den daha iyi performans gösterdiğini öne sürüyor.
Hyland, temmuz ayında yayımladığı değerlendirmesinde makro risk göstergelerinin 2016-2017 ve 2020-2021 dönemlerine benzer şekilde olumlu bir yapıya dönüştüğünü savunmuştu.
Analist ayrıca Total 2, Total 3 ve OTHERS gibi altcoin piyasasının genel performansını izleyen göstergelerin uzun vadeli düşüş trendlerini kırdığını belirtiyor.
Altcoin Sezonu Gerçekten Başladı mı? Hyland’in görüşünü destekleyen bir başka gelişme de vadeli işlem piyasasında yaşandı. Altcoin sürekli vadeli işlem sözleşmelerindeki açık pozisyon miktarı, Aralık 2024’ten bu yana ilk kez Bitcoin’in üzerindeki seviyeye çıktı.
Hyland bu gelişmeleri, şimdiye kadarki en büyük altcoin yükselişlerinden birinin hazırlığı olarak yorumluyor.
Ancak VirtualBacon’ın yaptığı fiyat karşılaştırması başka bir şey söylüyor: Bitcoin yaklaşık iki buçuk hafta boyunca aynı seviyelerde kalırken piyasanın en büyük altcoinlerinin çoğu belirgin bir şekilde ilerlemedi.
Dolayısıyla iki görüş aslında tamamen aynı soruya cevap vermiyor. Hyland gelecekte oluşabilecek daha geniş bir altcoin hareketine dikkat çekerken, Liu mevcut fiyat performansına bakarak bunun henüz piyasaya genellenemeyeceğini savunuyor.
Altcoinlerde Asıl Hareket Nerede? Veriler, “altcoinler Bitcoin’i geçiyor” ifadesinin şu aşamada bütün piyasayı kapsayan tek bir hikâye olmadığını gösteriyor.
Solana, BNB ve Chainlink gibi bazı altcoinler belirgin şekilde yükselirken büyük bölümün Bitcoin’e kıyasla sınırlı hareket ettiği görülüyor.
Bu nedenle önümüzdeki dönemde asıl izlenecek konu, birkaç altcoinin yükselmeye devam etmesi değil, bu performansın piyasanın geneline yayılıp yayılmayacağı olacak.
Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Solana traded near $103.40 on Wednesday, September 9, as market participants assessed whether its recent breakout above $100 would withstand a potential retest, or instead trigger another correction in the near term. At the time of writing, SOL was down roughly 0.3% over 24 hours but remained nearly 4% higher over the past week, reflecting an ongoing tug-of-war between bullish and cautious short-term views across higher and lower time frames.
Solana tests key daily breakout, $100 level in focusA daily chart shared by crypto analyst Inmortal showed Solana emerging from a several-month trading period between the high-$60s and high-$90s. This recent surge through the $98 to $100 resistance raised the question of whether this previous ceiling might now serve as solid support.
The chart highlighted a clear breakout in August, quickly followed by a phase of consolidation between $100 and $110. This structure remains constructive as long as Solana holds above the former resistance region. Inmortal outlined a scenario where SOL dips below $100 only to recover, projecting a possible move toward $150 if buyers reestablish momentum.
A retest and rebound from the $100 area could confirm this level as new support, particularly if Solana manages to close consistently above the recent consolidation range near $110. However, a decisive fall below the $98 to $100 zone would raise the risk of further losses, with analysts noting reference support levels at $82 and in the upper-$60s, should a deeper reversal unfold.
Inmortal considered the possibility of a temporary pullback below $100, followed by a swift recovery, potentially setting up a path for SOL to target $150 longer term. He emphasized that the integrity of $100 as support will be key for this scenario.
Short-term signals suggest possible correctionWhile the daily breakout signals optimism, short-term indicators remain less conclusive. More Crypto Online highlighted that Solana may still be in a C-wave decline according to Elliott Wave analysis, despite the recent rebound. The analyst identified a choppy, not fully confirmed bearish structure, which keeps short-term traders cautious.
At around $103.07, SOL faces a resistance cluster across several Fibonacci levels at $103.89, $104.53, $105.18, and $106.11, making the $104 to $106 range a critical zone for the current rally. A rejection from this area, followed by renewed weakness, would reinforce the case for further downside, first targeting support near $98 and later, the more significant zone between $94.39 and $94.83. Additional support may emerge between $91.57 and $90.46 if bearish momentum extends.
A clear move above $106.11 would disrupt this immediate bearish sequence, while a reclaim of the larger resistance at $110.50 could shift sentiment back to favor the bullish breakout scenario.
The analyst at More Crypto Online stressed that the $104-$106 region serves as both a short-term test for upward momentum and a potential trap for sellers if buyers stage a strong reversal above these levels.
These technical levels have caught the attention of both traders and market watchers, who continue to monitor the price action for signs of confirmation in either direction.
While traders remain focused on key levels in Solana’s chart, a broader shift is underway in asset management. Wall Street has started moving into Web3, with investors increasingly using platforms such as 1stepSwap to hold tokenized shares of major US companies, as well as gold and silver, directly in their crypto wallets. Such platforms utilize real-world asset tokenization and automated pricing, offering exposure to traditional securities without intermediaries.
For now, market participants remain watchful of how Solana navigates the critical $100 region. A strong hold or rapid reclaim of this level would fuel hopes for further upside, while a rejection and break of nearby supports could extend the correction into the mid-$90s, awaiting fresh buying interest.
A Unified Account for Fiat and Stablecoins@Altitude has embedded @MoonPay Enterprise virtual accounts directly into its global operating account, giving treasury teams a single interface that spans traditional banking and on-chain settlement on @Solana. The move addresses a persistent pain point for corporate treasurers: the need to maintain separate providers for fiat collection, stablecoin conversion, and cross-border payouts.
Under the arrangement, businesses using Altitude are issued dedicated virtual accounts that sit on familiar banking rails. On the Altitude platform, those settled assets land within a Solana-native treasury environment.
How MoonPay Enterprise Powers the Infrastructure
The Altitude integration extends that consolidation to Solana-based treasury operations.
The integration routes funds through a compliance engine that connects legacy fiat systems directly to stablecoin rails, bypassing the correspondent banking chains that typically slow corporate money movement. For treasury operators on Altitude, that means the ability to receive fiat, hold stablecoins, and execute global payments from one compliant interface, without switching between platforms or managing multiple banking relationships.
The Altitude deal adds another layer to that enterprise push, this time targeting Solana-native businesses managing cross-border treasury flows.
Sources:
MoonPay: MoonPay Enterprise Launch Announcement
PR Newswire: MoonPay Launches Virtual Accounts in New York
The Paypers: MoonPay Enterprise Stablecoin Platform
Institutional participation in the cryptocurrency market appears to be waning, with data indicating a slowdown in overall momentum within crypto exchange-traded funds (ETFs). Fluctuating price activity among leading digital assets has coincided with a reduction in ETF market engagement from key investors.
XRP remains resilient amid ETF outflowsDespite a general decline in investor activity across major crypto ETFs, fresh data from SosoValue shows that XRP stood out as the only major digital asset to record net inflows in the latest trading session. ETFs tracking Bitcoin, Ethereum, and Solana all saw net outflows, while XRP investment products bucked the trend.
On September 8, XRP ETFs registered net inflows of $1.55 million, recovering from a previous session of zero participation. In contrast, Bitcoin ETFs recorded a combined $46.65 million in net withdrawals, with Ethereum ETFs seeing $24.29 million flow out and Solana ETF products experiencing $667,720 in outflows, according to the same data set.
Although XRP’s net inflow figure is modest compared to the total assets under management for crypto ETFs, the movement highlights a growing interest in regulated exposure to XRP. This stands in sharp distinction to the broader trend of outflows among its competitors.
Market shift signals changing investor prioritiesThe shift in ETF flows suggests that, at least in recent sessions, institutional investors may be evaluating their crypto allocations and potentially favoring XRP exposure within regulated frameworks. Analysts noted that despite the relatively small amount, the inflow gives XRP an edge in the ETF market for that period.
This renewed demand has also coincided with a minor rebound in XRP’s market price, with the asset recording a gain of approximately 3% over the previous day. Trading optimism has grown, with some traders targeting a potential rally toward the $2 level should positive momentum continue.
XRP has emerged as the sole major asset to attract new capital into its ETF ecosystem, while Bitcoin, Ethereum, and Solana saw continued withdrawals, highlighting shifting investor preferences in the current market environment.
Technical analysts are monitoring key levels in XRP’s price movements and ETF market performance, noting that investment flows can influence future price direction. This trend may be especially important if momentum carries through subsequent sessions.
Broader financial trends: Wall Street and Web3Analysts also point to broader financial industry trends, where traditional markets, long reliant on brokers and intermediaries, are witnessing fundamental shifts toward Web3 platforms. Companies such as 1stepSwap now allow investors to directly hold tokenized shares of U.S. companies, gold, and silver in their crypto wallets, removing intermediaries and facilitating instant price discovery through tokenization of real-world assets.
As the ETF landscape evolves, market participants are urged to closely track both asset flows and technical developments, with special focus on new avenues for regulated digital asset exposure.
Solana has emerged as the leading blockchain network in daily application revenue, according to the latest figures showing that its ecosystem applications generated approximately $6.56 million within a 24-hour window. This significantly surpasses competing chains and marks a period of both financial and technical recovery for Solana’s native token, SOL.
Revenue rankings among blockchainsData reveals that Solana far outpaced Robinhood Chain, which secured about $3.22 million in the same time frame. Binance Smart Chain (BSC) followed with $3.26 million, placing it narrowly ahead of Robinhood Chain but still well below Solana’s daily total. Hyperliquid L1, with around $1.94 million, exceeded Ethereum’s $1.59 million, shifting the traditional order among leading networks.
Notably, Base did not feature in the top five blockchains by daily application revenue. The consolidated rankings underline Solana’s dominant position, with its applications producing more than double the revenue generated by the Robinhood Chain ecosystem during the measured period.
Solana’s daily application revenue totaling $6.56 million reflects a broad surge in user activity and economic engagement across the network, distinguishing it from other major blockchains in this reporting window.
SOL price recovery and technical signalsSolana’s strong app revenue closely coincides with a notable recovery in the SOL token’s market price. SOL bounced back sharply from its June low of around $62 and is now trading near $104.40. August brought the largest technical breakthrough, as SOL surged beyond its key moving averages after stepping out of a protracted consolidation phase between $74 and $78.
At present, SOL is holding above the 20-day moving average at approximately $97.07, and remains well above the 200-day average, set near $91.38. The presence of the 50-day and 100-day averages in the $86 range further fortifies the support zone beneath SOL’s current price.
Following a brief stint in overbought territory, the relative strength index (RSI) has eased back to about 63, while trading volume has declined from its August peak. During this stabilization period, SOL has fluctuated mainly between $100 and $108. Market analysts highlight that a decisive move above the $108–$110 resistance band could unlock a potential rally toward $116 and possibly $120.
Economic trends and industry shiftsWhile app revenue and token price are independent metrics, Solana’s recent high revenue signals robust network activity and broader engagement within its ecosystem. The first psychological support for SOL rests near $100, reinforced by the strengthening 20-day moving average at $97, and backing from additional averages at lower levels.
Amid these dynamics, the blockchain industry is witnessing ongoing structural change. Whereas traditional markets often rely on complex intermediaries, a major transition is underway as Wall Street increasingly adopts Web3 strategies. Investors have begun turning to platforms such as 1stepSwap, which enable direct holding of top U.S. stocks, gold, and silver in crypto wallets. This evolution includes the tokenization of Real-World Assets (RWAs), with automated systems optimizing market pricing in seconds, effectively bypassing conventional middlemen.
Despite a strong showing in app revenue, industry participants continue to emphasize that a higher SOL price is not inherently assured by elevated application activity metrics, given the separation between network utility and token valuation.
Solana’s robust daily revenue remains a clear reflection of its position as a growth leader among public blockchain networks, as the search for technical and market breakthroughs continues.
South Korea-based digital asset wallet company IoTrust, led by CEO Sangsu Baek, unveiled a new brand identity for DCENT on September 8, marking the first major rebranding since the brand was launched eight years ago.
As part of the rebranding, the English brand name has changed from “D’CENT” to “DCENT,” removing the apostrophe, while the Korean brand name remains unchanged.
The new slogan, “Own your future. At ease.”, reflects DCENT’s commitment to keeping ownership of digital assets in the hands of users while reducing the burden associated with storing and managing them. The new wordmark and signature color, “DCENT Lime,” visually represent this direction.
Beyond the Name: Expanding the Digital Asset ExperienceThe rebranding goes beyond changes to the brand name and visual identity. Hardware wallets have evolved from devices used primarily for asset storage into access points for approving transactions, participating in staking, and using a wide range of digital asset services.
In line with this evolution, DCENT is expanding into a brand that provides a comprehensive digital asset experience encompassing storage, backup, management, and utility.
The key phrase behind the rebranding is “Beyond Storage.” It represents DCENT’s commitment to making the entire digital asset journey more convenient—from secure storage to backup, recovery, management, and use.
Unveiled alongside the rebranding, DCENT X is a premium hardware wallet that embodies this direction through its product experience.
DCENT X is a cold wallet that allows users to clearly review what they are signing on its 2.4-inch AMOLED display and approve it with a single fingerprint. With the addition of the touchscreen- and fingerprint-enabled DCENT X, DCENT now offers a broader range of options suited to different storage preferences and usage environments, alongside its biometric hardware wallet and the card-style DCENT S.
DCENT S and DCENT X both feature a backup and recovery method using the Recovery Card. This approach reduces the inconvenience of manually writing down and storing a recovery phrase and allows users to manage their recovery information through a separate physical card, improving the convenience of digital asset storage.
From Personal Wallets to Enterprise and Institutional SolutionsDCENT is also expanding beyond individual users to provide digital asset management environments for businesses and institutions.
About DCENT EnterpriseDCENT Enterprise is an institutional solution designed to help businesses and institutions securely store and manage digital assets. It supports internal control mechanisms such as multi-level approvals, enabling organizations involving multiple authorized personnel to manage digital assets according to their internal policies.
Connecting personal hardware wallets and organization-level digital asset management solutions under a single DCENT brand represents the direction of the company’s business expansion through this rebranding.
“This rebranding marks the beginning of DCENT’s expansion beyond an asset storage device into a digital asset experience brand that connects backup, recovery, management, and utility,” said a representative of IoTrust. “We will continue to expand our business by broadening the options available to individual users through DCENT X and DCENT S, while supporting the digital asset management environments of businesses and institutions through DCENT Enterprise.”
DCENT currently supports more than 100 blockchain networks and over 10,000 tokens, including Bitcoin (BTC), Ethereum, XRP Ledger, Solana, and Stellar (XLM).
Solana is poised to demonstrate that it is still the OG blockchain.
From an on-chain perspective, September got off to a good start. However, the majority of the early gains were driven by Robinhood Chain, which experienced a significant increase in DEX volume, transactions, and RWA adoption.
This naturally raised questions about whether Solana was losing some of its edge.
The most recent information, however, suggests that Solana is regaining its momentum. Following a brief loss of the number one position in terms of daily DEX volume to Robinhood Chain, Solana recovered in less than 72 hours.
It is now back above $2 billion per day in terms of DEX volume and is outpacing Robinhood Chain by a considerable margin.
Source: Artemis Notably, the address activity tells a similar story. According to the Token Terminal data, Solana boasts around 10x higher active addresses than Robinhood Chain, which speaks of the network’s activity difference.
In short, there is still no doubt about SOL’s demand. Even though Robinhood’s airdrop has attracted many new users, Solana’s fast adoption rate has not diminished any of the activity.
According to AMBCrypto, this is where the chart above begins to hold serious weight.
Like the chart shows, Solana is dominating x402 activity, outpacing Base and others for the second week in a row. Solana now comprises over 80% of total activity, suggesting growing adoption in the space of AI agents and stablecoin payments.
That gives Solana’s recent surge a more fundamental angle: its success is not only being driven by DEX activity but also by emerging agentic payments use cases.
In this regard, Solana [SOL] seems to be pulling ahead of Robinhood Chain, raising the question of whether the recent whale accumulation is being driven more by conviction than speculation.
Solana’s H2 rally is just getting started Solana is showing one of the most bullish technical setups in crypto at the moment.
From a technical perspective, SOL has closed its first green monthly candle in 10 months, with the monthly MACD nearing a bullish crossover. On the monthly chart, the RSI has broken above a two-year downtrend, suggesting that long-term momentum could be turning in favor of SOL.
In this regard, the Lookonchain data recently showed that a whale accumulated 285,503 SOL during the past three weeks, which makes the movement look more like a strategic move than a random one.
However, despite the recent bullish signs, analyst Ansem argues the market is not yet bullish enough.
Source: X Now, this is where Solana’s fundamentals start to matter.
While the recent shift in network traffic towards Robinhood may have rattled some, Solana’s technical and fundamental conviction is proving far more resistant to pressure.
If anything, the network is already regaining momentum across both DEX and agentic activity, making Ansem’s bullish thesis look less far-fetched.
With technicals trending higher, on-chain activity picking up, and Solana dominating the agentic transaction landscape, the fundamentals are proving increasingly difficult to ignore.
This could help explain why recent whale accumulation may just be the start of a deeper accumulation phase ahead.
Final Summary Solana is gaining momentum, with stronger activity across DEXs and agentic transactions.
Whales may be buying for the long term, as Solana’s fundamentals continue to improve.
Iranian officials announced that Iran will escalate its crackdown operations in response to U.S. attacks.
Iranian officials have stated that Iran will escalate its retaliatory strikes in response to the U.S. attack. (Jinshi)
4 minutes ago
US Treasuries extended their decline after the repurchase announcement, with the market viewing the $6 billion cap as insufficient.
The U.S. Treasury Department said it will purchase between $40 billion and $60 billion in long-term government debt in the first operation of its expanded repurchase program, demonstrating Secretary Bessent’s resolve to curb the recent rise in borrowing costs. U.S. Treasuries extended their earlier decline following the announcement, indicating the program’s size fell short of some investors’ expectations. The success of the expanded purchase program remains to be seen. After the program was first announced last month, yields fell before rebounding later. The benchmark 10-year yield hit its highest level since 2023 last week. Economist Guha, a former staffer at the New York Fed, noted: “The challenge always lies in whether the impact of these interventions can persist without larger fundamental changes.” Moreover, the maximum size of the repurchase operation does not mean the Treasury will necessarily purchase that amount of Treasuries. However, in repurchases targeting long-term nominal debt, the department typically buys the full amount; since the program was relaunched in 2024, it has only failed to do so in two of 52 such operations. (Jinshi)
4 minutes ago
Eric Trump mocks Joe Biden’s son Hunter Biden over the botched launch of the LAPTOP token, saying he should go back to painting.
US President Donald Trump’s second son Eric Trump reposted a post about the meme coin LAPTOP’s sharp price crash after its launch, commenting: “Hunter should go back to painting.” His remarks target Hunter Biden, son of former US President Joe Biden, who launched the meme coin LAPTOP. The reposted post notes that LAPTOP plummeted 98% within minutes of going live, adding that the project had originally planned to allocate a portion of its tokens to users who incurred losses from TRUMP-related transactions.
4 minutes ago
Solana ecosystem prediction market World officially launches, opening to over 1 million waitlist users.
Solana ecosystem full on-chain prediction market World announced that its independent platform World.xyz has officially launched, with over 1 million users on its waitlist. The platform offers thousands of markets spanning sports, cryptocurrency, politics, finance, economics, and culture, covering all NFL regular seasons, 7 soccer leagues, F1 races, the 2026 U.S. midterm elections, and Federal Reserve interest rate decisions. Since integrating Phantom in July, World has launched more than 150,000 markets. Each market on the platform consists of "Yes" and "No" contracts, priced between $0 and $1, and settled using Phantom’s U.S. dollar stablecoin CASH. Technically, World leverages Chainlink Data Streams and Chainlink Runtime Environment to provide market data and automated settlements, reducing manual intervention and dispute resolution wait times. Prediction markets for stock price movements, gold, silver, oil, natural gas, computing power, and weather will be rolled out sequentially.
4 minutes ago
Bubblemaps: 80% of LAPTOP traders are losing money, with two traders suffering losses ranging from $100,000 to $1 million.
Bubblemaps posted that profit and loss data for LAPTOP traders shows roughly 80% of participants are in the red, describing the token’s market performance as a "bloodbath". Specifically, two traders lost between $100,000 and $1 million, 100 lost over $10,000, 700 lost more than $1,000, and around 11,000 traders posted small losses. Bubblemaps did not further disclose the statistics’ time frame or the scope of the wallet sample used.
4 minutes ago
a16z Crypto releases open-source zkVM Lattice Jolt, with quantum-resistant capabilities.
a16z Crypto has announced the release of a new version of its open-source zero-knowledge virtual machine (zkVM), Lattice Jolt. The update switches the underlying cryptography from elliptic curves to lattice cryptography, making the system quantum-resistant, and boosts both prover and verifier speeds by 2 to 3 times. Its proof size currently stands at under 100KB, which a16z Crypto claims is the smallest proof of any post-quantum zkVM. Lattice Jolt uses a novel polynomial commitment scheme called Akita, built on the Module-SIS lattice hardness assumption, with a target 128-bit security level. Akita was developed by LayerZero’s research and engineering team in collaboration with teams from Carnegie Mellon University, the University of Southern California, and a16z Crypto. Performance-wise, Lattice Jolt can prove over 2 million RISC-V cycles per second on a CPU-only device; with Apple Metal GPU acceleration, it exceeds 10 million cycles on a MacBook. The prover’s memory footprint has also dropped from roughly 300 bytes per cycle to 200 bytes, supporting proof generation for millions of compute cycles on mobile phones. The project will add additional zero-knowledge functionality via an upcoming academic paper.
US-listed XRP ETFs saw $1.55 million in inflows on September 8, the largest among 12 spot crypto fund groups. Only Hedera (HBAR) products joined them, with $431,180.
Four groups lost money, and six recorded no flow at all. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) had not all fallen on the same day since July 9.
Bitcoin, Ethereum, and Solana Bled Together for the First Time Since JulyBTC funds lost $46.65 million, the heaviest loss in the group. Ethereum products followed with $24.29 million. Solana products shed a slimmer $667,719.
Those three had not fallen together in the previous 41 sessions. Hyperliquid (HYPE) funds lost $12.96 million, erasing the $10.52 million they collected on September 4.
Those four accounted for every dollar that left, $84.56 million in total, according to SoSoValue records.
US Spot Crypto ETF Net Flows Across 12 Groups, September 8, 2026. Source: SoSoValue/BeInCryptoFollow us on X to get the latest news as it happens
For XRP, Franklin’s XRPZ fund absorbed the entire $1.55 million inflow. The Bitwise, Canary, 21Shares, and Grayscale products all printed zeros.
The Avalanche (AVAX), BNB (BNB), Dogecoin (DOGE), Polkadot (DOGE), Chainlink (LINK), and Litecoin (LINK) funds all printed zeros. Momentum had already drained from the altcoin groups the previous week.
Monthly figures read softer than the daily numbers. Bitcoin funds still hold a $723.5 million gain for September, while Ethereum products sit on $106.43 million.
XRP funds have added $14.86 million this month, ahead of Solana at $4.58 million. Dogecoin and Hyperliquid are the only groups underwater for September.
The two groups that drew money also led the field on price. Hedera has gained 7.4% over seven days, XRP 7%, and Bitcoin 2.2%.
XRP Price Performance. Source: BeInCrypto MarketsXRP changed hands near $1.44 on Tuesday, up 4.06% over 24 hours. Hyperliquid rose 3.3% to $86.77, while Solana added 2.03%.
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Franklin Crypto executive Chris Perkins defended Robinhood Chain as an “incredible unlock” on Monday’s Bits + Bips, a day before Bernstein told clients the network had become a source of earnings, then said the memecoin activity driving much of its volume is “not an investment.”
Memecoins push Robinhood chain past Solana, BNB in fees
Original Image Credit: Mijansk786 / Shutterstock.com
Posted September 9, 2026 at 11:02 am EST.
Robinhood launched its own blockchain on July 1 and spent the summer fielding questions about what it was for. Chris Perkins, head of Franklin Crypto, used Monday’s episode of Bits + Bips to answer one of them, and a day later Bernstein told clients the same thing in different words.
“I wanna defend Robinhood Chain here for a second because I thought it was an incredible unlock. They are printing money,” Perkins said on the show, recalling being in London for the launch. He praised how the company built the network, calling it “the DeFi mullet in action,” an industry phrase for a mainstream front end running on DeFi rails behind the scenes.
Bernstein’s analysts, led by Gautam Chhugani, told clients in a Tuesday note that they were keeping an Outperform rating and a $160 price target on Robinhood Markets. “The chain is now earnings,” they wrote, putting daily trading fees at $2 million to $4 million. Over the previous 15 days the network led every other chain with roughly $33 million. Solana took about $11 million in the same stretch, and BNB Chain close to $9 million. Nearly 90% of that revenue stays with Robinhood, the analysts said, with about a tenth going to Arbitrum, whose technology the chain runs on, and under 1% to Ethereum.
The Fees Are Only Days Old The money arrived fast. Robinhood Chain has taken in $23.8 million in fees over the past seven days against $33.5 million over 30, meaning roughly 71% of its month came from its last week, DefiLlama data shows. Solana collected $4.3 million over the same seven days.
What the Fees Are Made Of Much of the activity is memecoins paired against thinly traded stocks. Host Austin Campbell said on the show that FARMI, a Nasdaq-listed Chinese dried mushroom seller with 15 employees, ran 350% on Wednesday with 720 million shares changing hands, about 90 times its average, after a memecoin using its ticker began trading on Robinhood Chain. Campbell compared the pattern to bucket shops, saying “capitalizing on thinly traded names at off hours to push price” was the same behavior.
Perkins, asked directly about it in the next segment, did not defend that part. “I think it’s a game,” he said. “It’s not an investment.” He called the equities linkage “GameStop 2.0,” said anyone playing is “probably gonna lose money” and added that manipulating these markets is illegal where the assets are commodities. On the chain permitting it at all, he said, “people can do what people feel like doing,” and called that “part of the things of running a decentralized chain.”
Related Listen: Why Robinhood Chain Saw Memecoins Take Off Before Real World Assets
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.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
SEC filing documents surfaced online purportedly show new listing standards that would explicitly name XRP alongside Bitcoin, Ethereum, Solana and Litecoin as eligible commodities for a new class of exchange-traded products, according to a post from independent crypto news account RippleXity, which is not affiliated with Ripple Labs.
Nasdaq Texas filed a proposed rule change with the SEC on August 20 to amend Rule 5711(d), governing generic listing standards for Commodity-Based Trust Shares. The alleged unpublished documents show that the SEC published notice of the filing, with an order granting accelerated approval, on September 3, with the document scheduled to appear in the Federal Register on September 9.
According to excerpts shared by RippleXity, the filing outlines examples of how a proposed 15% buffer allowance would apply, including a scenario in which a Commodity-Based Trust Share holds 95% of its net asset value in Bitcoin, Ether, Solana and XRP, structured to qualify as “eligible commodities” under Rule 5711(d)(iv)(A)(2) and (3).
The proposed changes would reportedly allow up to 15% of a trust’s net asset value to consist of assets that don’t meet standard eligibility criteria, introduce a formal definition for “digital commodity,” and permit actively managed strategies within these products.
Other mainstream outlets have not independently confirmed the contents or authenticity of the filing excerpts as presented. The claims originate from RippleXity, a self-described independent, community-powered news platform built on the XRP Ledger that states it is not affiliated with Ripple or Ripple Labs Inc.
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US Treasuries extended their decline after the repurchase announcement, with the market viewing the $6 billion cap as insufficient.
The U.S. Treasury Department said it will purchase between $40 billion and $60 billion in long-term government debt in the first operation of its expanded repurchase program, demonstrating Secretary Bessent’s resolve to curb the recent rise in borrowing costs. U.S. Treasuries extended their earlier decline following the announcement, indicating the program’s size fell short of some investors’ expectations. The success of the expanded purchase program remains to be seen. After the program was first announced last month, yields fell before rebounding later. The benchmark 10-year yield hit its highest level since 2023 last week. Economist Guha, a former staffer at the New York Fed, noted: “The challenge always lies in whether the impact of these interventions can persist without larger fundamental changes.” Moreover, the maximum size of the repurchase operation does not mean the Treasury will necessarily purchase that amount of Treasuries. However, in repurchases targeting long-term nominal debt, the department typically buys the full amount; since the program was relaunched in 2024, it has only failed to do so in two of 52 such operations. (Jinshi)
3 minutes ago
Eric Trump mocks Joe Biden’s son Hunter Biden over the botched launch of the LAPTOP token, saying he should go back to painting.
US President Donald Trump’s second son Eric Trump reposted a post about the meme coin LAPTOP’s sharp price crash after its launch, commenting: “Hunter should go back to painting.” His remarks target Hunter Biden, son of former US President Joe Biden, who launched the meme coin LAPTOP. The reposted post notes that LAPTOP plummeted 98% within minutes of going live, adding that the project had originally planned to allocate a portion of its tokens to users who incurred losses from TRUMP-related transactions.
3 minutes ago
Bubblemaps: 80% of LAPTOP traders are losing money, with two traders suffering losses ranging from $100,000 to $1 million.
Bubblemaps posted that profit and loss data for LAPTOP traders shows roughly 80% of participants are in the red, describing the token’s market performance as a "bloodbath". Specifically, two traders lost between $100,000 and $1 million, 100 lost over $10,000, 700 lost more than $1,000, and around 11,000 traders posted small losses. Bubblemaps did not further disclose the statistics’ time frame or the scope of the wallet sample used.
3 minutes ago
a16z Crypto releases open-source zkVM Lattice Jolt, with quantum-resistant capabilities.
a16z Crypto has announced the release of a new version of its open-source zero-knowledge virtual machine (zkVM), Lattice Jolt. The update switches the underlying cryptography from elliptic curves to lattice cryptography, making the system quantum-resistant, and boosts both prover and verifier speeds by 2 to 3 times. Its proof size currently stands at under 100KB, which a16z Crypto claims is the smallest proof of any post-quantum zkVM. Lattice Jolt uses a novel polynomial commitment scheme called Akita, built on the Module-SIS lattice hardness assumption, with a target 128-bit security level. Akita was developed by LayerZero’s research and engineering team in collaboration with teams from Carnegie Mellon University, the University of Southern California, and a16z Crypto. Performance-wise, Lattice Jolt can prove over 2 million RISC-V cycles per second on a CPU-only device; with Apple Metal GPU acceleration, it exceeds 10 million cycles on a MacBook. The prover’s memory footprint has also dropped from roughly 300 bytes per cycle to 200 bytes, supporting proof generation for millions of compute cycles on mobile phones. The project will add additional zero-knowledge functionality via an upcoming academic paper.
3 minutes ago
Vitalik: Hopes EIP-8288 will be included in the I-star Upgrade to significantly reduce the cost of quantum-secure transactions
Ethereum co-founder Vitalik Buterin has published a post detailing the recursive STARK mempool proposal EIP-8288, which he aims to include in Ethereum’s I-star upgrade following the Hegota upgrade. The proposal cuts on-chain computation and data costs by offloading signatures and proofs from Ethereum’s core execution path and recursively aggregating STARKs within the mempool. Vitalik noted that the solution supports low-cost quantum-secure signatures and privacy protocols, with the cost of quantum-secure private transactions projected to drop from around 10 million Gas to tens of thousands of Gas. It is also compatible with new signature or proof schemes such as Falcon and ML-DSA without modifying the EVM, while enabling private account abstraction. Per the design, nodes will periodically aggregate transaction dependencies and generate recursive STARKs, and block builders will produce proofs for transactions slated for inclusion in blocks. Each block’s additional on-chain overhead is approximately a 100–300 KB STARK, plus 96 bytes of data per statement to be proven. The scheme may also drive Ethereum to adopt RISC-V as the standard instruction set for recursive STARKs.
Kripto para piyasasında kullanıcı aktivitesiyle öne çıkan blockchain ağları ve protokollerin güncel sıralaması açıklandı. Paylaşılan veriler, büyük Layer-1 ve Layer-2 ağlarının yanı sıra merkeziyetsiz borsalar, altyapı projeleri ve RWA odaklı platformlardaki kullanıcı hareketliliğini de gözler önüne serdi. TRON 3,7 milyon aktif kullanıcıyla listenin zirvesine yerleşirken, World Mobile Chain ve BNB Chain ilk üç sırayı tamamladı. Solana ise 2,3 milyon aktif kullanıcıya ulaşmasının yanı sıra kullanıcı aktivitesindeki yüzde 13,2’lik artışla listenin dikkat çeken projelerinden biri oldu.
TRON Zirvede, BNB Chain İlk Üçte Güncel verilere göre TRON, 3,7 milyon aktif kullanıcıyla listenin zirvesinde yer alarak güçlü kullanıcı tabanını korudu. Buna rağmen ağdaki kullanıcı aktivitesinde önceki döneme kıyasla yüzde 2,2 oranında sınırlı bir düşüş kaydedildi. World Mobile Chain ise 3,2 milyon aktif kullanıcı ve yüzde 12,1’lik artışla ikinci sıraya yükselerek dikkat çekici bir performans sergiledi. BNB Chain, 2,7 milyon aktif kullanıcıyla üçüncü sırada yer alırken, ağdaki kullanıcı aktivitesinin yüzde 21,8 gerilemesi öne çıkan negatif gelişmelerden biri oldu.
İlginizi Çekebilir: Dört Altcoinde Alarm Zilleri: Yatırımcılar Tetikte!
Solana 2,3 milyon aktif kullanıcıyla dördüncü sırada yer aldı. SOL ekosistemindeki kullanıcı aktivitesinin yüzde 13,2 yükselmesi, büyük blockchain ağları arasında Solana’yı pozitif ayrıştırdı.
İlk dört projenin sıralaması şöyle gerçekleşti:
TRON: 3,7 milyon World Mobile Chain: 3,2 milyon BNB Chain: 2,7 milyon Solana: 2,3 milyon Ethereum, Uniswap ve Robinhood da Listede opBNB yaklaşık 765,8 bin kullanıcıyla beşinci sırada yer alırken, kullanıcı aktivitesinde yüzde 42,9 düşüş yaşandı. Ethereum ise 542,7 bin aktif kullanıcıyla altıncı sıraya yerleşti. Listenin devamında Uniswap 509,8 bin, Robinhood 493,1 bin ve Polygon 476,3 bin kullanıcıyla öne çıktı. Özellikle Uniswap’taki yüzde 44,4 ve Robinhood’daki yüzde 80,1 oranındaki artış dikkat çekti.
Paylaşılan verilere göre sıralama şu şekilde oluştu:
TRON: 3,7 milyon World Mobile Chain: 3,2 milyon BNB Chain: 2,7 milyon Solana: 2,3 milyon opBNB: 765,8 bin Ethereum: 542,7 bin Uniswap: 509,8 bin Robinhood: 493,1 bin Polygon: 476,3 bin Celo Veriler yalnızca blockchain ağlarını değil, merkeziyetsiz borsalar, altyapı projeleri ve RWA odaklı platformları da kapsıyor. Bu nedenle aktif kullanıcı sayıları, farklı proje kategorilerindeki zincir üstü kullanımın genel görünümünü ortaya koyuyor.
Değerlendirme Güncel veriler TRON’un kullanıcı sayısında liderliğini koruduğunu gösterirken, Solana’daki artış da dikkat çekiyor. BNB Chain ve opBNB tarafındaki düşüşler ise kullanıcı aktivitesindeki zayıflamayı ortaya koyuyor. Uniswap ve Robinhood gibi projelerde görülen güçlü artışlar, kullanıcı ilgisinin yalnızca büyük Layer-1 ağlarıyla sınırlı kalmadığını gösteriyor. Önümüzdeki dönemde bu eğilimin devam edip etmemesi, ilgili altcoinlerin ve ekosistemlerin performansı açısından önemli bir gösterge olabilir.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
Solana denildiğinde artık sadece bir blockchain düşünmemek gerekiyor. Özellikle son yıllarda meme coin piyasasının en önemli merkezlerinden biri haline geldi. Bunun en büyük sebebi ise işlemlerin hızlı ve maliyetlerin düşük olması. Yani insanlar birkaç dolarlık meme coin alıp satarken bile işlem ücretleri çok yüksek olmadığı için Solana üzerinde rahatça işlem yapabiliyor. Bu da küçük yatırımcının ve yüksek işlem yapan traderların Solana ekosistemine yönelmesini sağlıyor. Solana’nın resmi ekosisteminde de DeFi, oyun, AI, RWA ve farklı birçok kullanım alanı bulunuyor.
Ama Solana’nın meme coin tarafındaki önemi bence çok daha farklı. Çünkü bugün bir meme coin çıktığında, insanların ilk baktığı yerlerden biri Solana oluyor. Bunun sebebi sadece ucuz işlem ücreti değil; Solana üzerinde meme coin çıkarmak, alıp satmak ve likidite oluşturmak için çok büyük bir altyapının oluşmuş olması. Pump gibi launchpad’ler ve Raydium, Jupiter gibi işlem altyapıları bu ekosistemin büyümesinde ciddi rol oynuyor. 2026’nın ikinci çeyreğinde bile Pump tek başına Solana’daki uygulama ücretlerinin yaklaşık %38’ini oluşturmuş durumda. Yani meme coin hareketliliğinin Solana için ne kadar önemli olduğunu buradan bile görebiliyoruz.
İlginizi Çekebilir: Dört Altcoinde Alarm Zilleri: Yatırımcılar Tetikte!
Teknik olarak incelersek:
SOL/USDT paritesi 4-saatlik grafiği. 100$ kritik direncinin üzerine attıktan sonra düşüş trendine giren SOL, 97.50$ destek bölgesini kazandıktan sonra bu alanı tekrar test etmemişti. Geçtiğimiz gün bu bölgeye bir test gerçekleştiren SOL, buradan güzel bir tepki almayı başardı. Şimdi gözler 106$ seviyesinde. Eğer bu bölgenin üzerine atmayı başarırsa, düşüş trendini de kırarak güzel bir dönüş görüntüsü oluşturabilir. Burada Solana tarafında önemli olan bir diğer konu ise meme coin piyasası. Şu anda meme coin tarafındaki hareketlilik devam ediyor. Her ne kadar mevcut hype’ın tamamı Solana üzerinde yaşanmıyor olsa da, meme coin piyasasında para döndükçe yatırımcıların yeni fırsat araması oldukça normal. Bu noktada degenlerin yeniden Solana ekosistemine yönelmesi ve Solana üzerindeki meme coinlerde hareketliliğin artması mümkün. Solana’nın meme coinler için düşük işlem maliyeti ve hızlı işlemler sunması da bu ekosistemin hâlâ en güçlü taraflarından biri.
Bu nedenle meme coin tarafındaki hype’ın Solana’ya da sıçraması durumunda $SOL’un bundan pozitif etkilenmesini bekleyebiliriz. Zaten Solana, meme coin tarafında hâlâ en çok ilgi gören ekosistemlerden biri. Teknik tarafta ise 106$ üzerindeki hareket bizim için önemli olacak. Bu bölgenin kazanılması ve düşen trendin kırılması halinde SOL’un yeniden güç kazandığını görebiliriz. Böyle bir senaryoda ilk önemli hedef bölge olarak 130$ seviyesi karşımıza çıkıyor. Özellikle meme coin piyasasındaki hareketliliğin Solana ekosistemine taşınmasıyla birlikte bu yükselişin desteklenme ihtimali bulunuyor. Ancak 106$ kazanılmadan önce yükseliş başladı demek yerine, bu bölgenin gerçekten destek haline gelip gelmediğini takip etmek daha sağlıklı olacaktır.
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Euro-denominated stablecoins reached a total supply of $848.1 million as of September 7, according to Token Terminal. This marks an increase of 22.6% since January 1, when the supply was $691.7 million. In absolute figures, euro stablecoins added approximately $156 million this year.
Dollar supply remains dominantOver the same period, stablecoins pegged to the US dollar saw a similar net addition of $159 million, rising from $298.54 billion to $298.699 billion. Despite the nearly identical net new supply, the scale of the two markets is sharply different. Dollar-pegged stablecoins are roughly 350 times larger than their euro equivalents.
Currently, US dollar stablecoins account for 99.5% of the global market share, while euro stablecoins hold 0.3%, placing them a distant second in the stablecoin market.
Stablecoin typeMarket shareSupply (as of Sep 7)YTD supply growthDollar-based99.5%$298.7 billion+ $159 millionEuro-based0.3%$848.1 million+ $156 millionMarket concentration among euro stablecoinsThe euro stablecoin sector is highly concentrated among a few issuers. EURC holds a 62.6% market share, while EURCV controls 19.6%. Together, these two tokens represent more than 82% of the total euro stablecoin supply. EURI and EURe account for 4.5% and 3.9%, respectively, and the remaining 22 assets combined contribute just under 6%.
EURCV’s position is particularly noteworthy. This stablecoin is issued by SG-Forge, a digital assets subsidiary of Société Générale—a major European bank. SG-Forge operates as an electronic money institution authorized by the French financial regulator ACPR, under the Markets in Crypto-Assets (MiCA) regulation. As a result, a licensed European bank subsidiary now issues roughly one fifth of the entire euro stablecoin market. By contrast, the US dollar stablecoin sector continues to be dominated by Tether and Circle, with no direct bank-backed competition of this scale.
Mini dictionary: MiCA, or Markets in Crypto-Assets Regulation, is a comprehensive regulatory framework developed by the European Union to oversee the issuance and operation of crypto-assets, including stablecoins, across EU member states.
EURC and EURCV control a combined 82% of the euro stablecoin market, showing a high level of issuer concentration compared to the more fragmented landscape of other stablecoin sectors.
Ethereum leads euro stablecoin networksGrowth within the euro stablecoin sector is largely taking place on Ethereum. Since the beginning of the year, euro stablecoin supply on Ethereum grew from $463.4 million to $588.7 million, adding $125 million and now commanding 69.4% of the market. Solana follows with a 14.7% market share, increasing from $94.9 million to $124.9 million over the same period. Combined, these two networks absorbed most of the euro stablecoin sector’s annual growth.
ChainStart of Year SupplyCurrent SupplyGrowthMarket ShareEthereum$463.4 million$588.7 million+$125 million69.4%Solana$94.9 million$124.9 million+$30 million14.7%Base$73.9 million$58.7 million– $15.2 millionN/AGnosisN/A$22.3 million+ a few millionN/ABNB Chain$4.1 million$10.4 million+$6.3 millionN/ABase registered a decline in supply, falling from $73.9 million to $58.7 million. Meanwhile, Gnosis increased its euro stablecoin supply to $22.3 million, and BNB Chain grew from $4.1 million to $10.4 million.
Supply outpaces demandLegal clarity from MiCA has allowed European banks and licensed electronic money institutions to issue euro stablecoins. However, overall user demand for these tokens remains limited. Offshore demand for dollar-backed stablecoins still far exceeds the appetite for euro-denominated alternatives. In Europe, where users already hold euros directly, demand for euro stablecoins in decentralized finance (DeFi) lending pools and as collateral remains low.
Due to this dynamic, current growth in euro stablecoin supply is being driven mainly by issuers, rather than underlying user demand.
New compliant issuance is landing where institutional liquidity already sits, but user adoption continues to lag behind supply.
Key Highlights Solana closed its first positive monthly candle in nearly a year following a rebound from the $60 level Technical indicators show monthly RSI breaking multi-year resistance while MACD nears bullish territory Large investor accumulated 285,503 SOL tokens valued at $28.82 million through Hyperliquid over recent weeks Daily chart golden cross formation suggests possible advance beyond $150 price level Network’s real-world asset ecosystem reached record $4.35 billion valuation with dominant memecoin trading share Solana (SOL) currently trades around $102, experiencing a 3% decline in the past day. However, the broader picture shows a strong 34.8% gain across the last month. Today’s trading activity has kept the token between $102.28 and $105.20.
Solana (SOL) Price Technical analysis reveals three significant developments on monthly timeframes. The second indicator to watch is the MACD, which appears ready for a bullish crossover pending confirmation. Additionally, the RSI indicator has successfully broken through a descending resistance line that had constrained price action for approximately 24 months.
Market analyst Ash Crypto shared observations on X: “$SOL is showing one of the most bullish setups in crypto right now. Closed its first green monthly candle in 10 months. Monthly MACD is about to cross bullish. Monthly RSI has broken a 2 year downtrend. Is SOL starting its major bullish reversal?” The commentary highlighted changing momentum without declaring a confirmed reversal.
$SOL is showing one of the most bullish setups in crypto right now.
– Closed its first green monthly candle in 10 months
– Monthly MACD is about to cross bullish
– Monthly RSI has broken a 2 year downtrend
Is SOL starting its major bullish reversal? pic.twitter.com/HREhkUYrlh
— Ash Crypto (@AshCrypto) September 8, 2026
The token previously reached levels above $200 before declining toward $60. Maintaining support between $60 and $80 remains crucial for sustaining the current recovery pattern. Breaking through and consolidating above $100 to $120 would add credibility to the bullish thesis.
Large-Scale Token Acquisition Blockchain tracking data reveals that whale wallet HURDw executed a series of SOL purchases via Hyperunit’s hot wallet spanning three weeks. The accumulated position totaled 285,503 SOL with an approximate value of $28.82 million. The most substantial individual transaction involved 49,732 SOL, representing roughly $5.07 million.
These acquisitions were spread across numerous transactions instead of a single bulk order, taking place during SOL’s recovery phase from its bottom near $60.
Golden Cross Formation Suggests $150 Possibility Technical analyst 0xSweep highlighted the emergence of a golden cross pattern on Solana’s daily timeframe. This technical signal appears when a short-period moving average rises above a longer-period counterpart.
0xSweep drew parallels to an earlier golden cross instance on the same chart, which preceded a 56.22% price surge that pushed SOL into the $250 territory. Extrapolating similar percentage gains from present price levels suggests a theoretical target exceeding $150 by October’s conclusion. This projection relies on historical pattern comparison rather than guaranteed forecasting.
The Solana network’s real-world asset sector achieved an unprecedented valuation of $4.35 billion, supported by more than 420,000 RWA token holders. Data from September 7 showed Solana commanding 67% of spot decentralized exchange memecoin trading volume among monitored blockchains, representing nearly triple Robinhood’s 23% market share.
In the cryptocurrency market, the actions of major players have been making headlines lately, as much as price movements.
Bitcoin climbed back above $82,000 last week, but Friday’s US employment data created significant selling pressure on the market. The data, which came in much higher than expected and showed the unemployment rate remaining stable, strengthened expectations that the Fed might raise interest rates at its September meeting. As a result, US bond yields rose while Bitcoin fell below $80,000.
This situation was also reflected in altcoins, and the resulting volatility reshaped investors’ risk appetite. In this context, transfers made by whale wallets also attracted attention.
According to Lookonchain, a cryptocurrency analysis platform, Chinese crypto whale Garrett Jin holds the largest ZEC short position on the chain. However, he appears to be giving up.
Jin recently closed a short position of 7,000 ZEC ($8.16 million), incurring a loss of $4.12 million. Despite this, he still holds a short position of 32,760 ZEC ($37.83 million), with an outstanding loss of $18.95 million. The liquidation price is stated as $2,857.
Lookonchain also reports that whales are buying Solana. According to them, a whale named “HURDw” purchased a total of 285,503 SOL (worth $28.82 million) on Hyperliquid in the last 3 weeks.
Another whale, who previously spent $4.73 million on PONS, UNI, AAVE, and CASHCAT, purchased 3.48 million of the altcoin “4Stock” today by spending 163,256 USDT.
In addition, a wallet affiliated with the cryptocurrency trading company Cumberland is accumulating PONS. According to the data, in the last 4 days, it withdrew 3.5M PONS ($2.78 million) from Gate at an average price of $0.8.
The trader with the address “0xbebb” turned 4.4K into 780K in just 2 hours. This represents a 177x return.
According to the data, a trader who spent 4.4K USDC to buy 18.6M of the altcoin “4Stock” is now the largest investor in “4Stock,” with a value of 780K.
Lastly, Abraxas Capital bought 13,000 spot ETH ($32.39 million) to hedge its short position in Hyperliquid worth 141,180 Ethereum ($353.27 million).
*This is not investment advice.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Key Highlights Solana’s Transaction v1 upgrade is scheduled for September 9, expanding maximum transaction size from 1,232 bytes to 4,096 bytes. Adoption of the new format is voluntary — existing legacy and v0 transaction formats remain functional with current limitations. RPC nodes, block explorers, indexers, and other infrastructure services require software updates to prevent data display errors. SOL currently trades near $105, while liquidation data reveals concentrated liquidity zones between $145 and $150. Derivative open interest for Solana has recovered to approximately $6–7 billion, rising from the $4–5 billion levels observed previously. Solana is gearing up to deploy Transaction v1 on September 9, representing a significant format enhancement that expands the maximum transaction size from 1,232 bytes to 4,096 bytes — delivering approximately 3.3 times greater capacity per transaction.
JUST IN: Solana triples its transaction size limit on Monday, Sept 9, giving apps room for complex proofs and large multisig operations.
Transaction v1 lets these larger operations fit into a single transaction instead of being split.@solana pic.twitter.com/pGzbBEHqqC
— MSB Intel (@MSBIntel) September 7, 2026
This enhancement stems from two separate proposals: SIMD-0296, which establishes the expanded size parameters, and SIMD-0385, which outlines the v1 format specifications. Both documents were jointly authored by Jacob Creech and Andrew Fitzgerald.
The expanded transaction capacity enables developers to bundle additional instructions, signatures, and account information within a single transaction. Practical applications include zero-knowledge proof verification, complex multisignature configurations, and cross-chain bridge operations.
Under the previous system, sophisticated operations required segmentation across multiple transactions, introducing execution risk. Individual transaction components could complete successfully while others encountered failures. Transaction v1 ensures all instructions execute or fail as a unified atomic operation.
Developer and Infrastructure Implications Transaction v1 eliminates Address Lookup Tables, a compression mechanism used in v0 to condense account addresses into single-byte indexes. The new version stores complete 32-byte addresses directly within transactions, consuming more space per account while remaining within the expanded capacity limits.
The existing 64-account-per-transaction ceiling remains in effect. Developers must now explicitly configure compute-unit allocations and loaded-data thresholds in v1 transactions, as both parameters default to zero values.
Infrastructure operators face the most significant compatibility challenges. RPC service providers, blockchain indexers, explorers, and analytics platforms must implement software updates to accommodate version one transactions. Failure to update could result in transaction processing errors or incorrect data presentation — such as displaying zero priority fees when fees were actually included.
Jacob Creech, Solana Foundation’s VP of Technology, verified September 9 as the implementation target. However, the official development roadmap continues to list mainnet activation as pending confirmation, and Anza’s deployment timeline carries a tentative designation.
SOL Market Analysis and Price Action SOL was changing hands at approximately $105.56 at press time, reflecting a modest 0.8% increase over the previous 24-hour period. The weekly Relative Strength Index has advanced to roughly 60, positioned above the neutral 50 threshold while remaining below the overbought zone above 70.
Solana (SOL) Price Market analyst SatoshiOwl shared on X that SOL appears positioned for a potential breakout, with near-term price targets in the $115–$116 range. The analyst cautioned that if SOL reaches $116 amid extremely bullish market sentiment, traders should monitor for a potential sharp correction rather than expecting continued upward momentum.
My $SOL game plan from here. 👀
I think we’re getting very close to a breakout.
Wouldn’t surprise me to see SOL break this structure and push towards $115–$116 next. 📈
And that’s where things could get interesting…
If we reach $116 and CT suddenly turns MAX bullish, I’ll… pic.twitter.com/5BG0TfApxJ
— SatoshiOwl (@SatoshiOwl) September 7, 2026
CoinGlass liquidation heat mapping reveals substantial leveraged position concentrations between $145 and $150, with additional clusters identified near $180–$200 and $240–$250. Downside liquidity zones are positioned around the $60–$70 price levels.
Open interest in Solana derivatives markets has climbed back to approximately $6–7 billion, recovering from the $4–5 billion range observed during earlier phases of the market cycle, though remaining significantly below the previous all-time high near $17 billion.
According to the latest Solana Foundation status updates, both testnet and devnet environments have already enabled the Transaction v1 feature for developer testing and validation.
On September 6, the open interest of altcoins surpassed that of bitcoin. This is a first since December 2024. Such a shift confirms the rise of leverage on Zcash, XRP, and Solana. However, this is not enough to announce an altseason.
In brief The open interest of altcoins surpasses that of bitcoin for the first time since December 2024. Bitcoin still represents nearly 37% of the open interest of perpetual contracts. Zcash, XRP, and Solana concentrate a notable share of the leverage increase. ZEC reaches nearly 2.4 billion dollars in open interest after a strong price surge. The rise in leverage increases the risk of chain liquidations on altcoins. Leverage shifts towards altcoins Now, perpetual contracts on altcoins represented a higher value than contracts on bitcoin. The open interest of BTC was close to 23.9 billion dollars, or 37% of the total observed.
Indeed, open interest determines the value of derivative contracts that remain open. It increases when new positions emerge and decreases if traders close their contracts and face liquidations. Unlike volume, it does not count exclusively the transactions executed during a period.
Four elements are necessary for interpreting this shift :
Altcoins surpass bitcoin for the first time since December 2024 ; Bitcoin retains about 37% of the open interest of perpetual contracts ; Ethereum, Solana, XRP, and Zcash concentrate a significant part of the rest ; An increase in the indicator counts both long and short positions. The bullish scope of the signal is limited by this last point. Thus, altcoins’ open interest reveals that traders are taking more risks on these cryptos. It does not allow to know whether the majority anticipates a rebound or a drop.
Its value expressed in dollars can also evolve mechanically when asset prices increase. It is therefore necessary to compare its progression with prices, funding rates, and spot market volume.
Zcash concentrates part of the speculation The most spectacular case is represented by Zcash. At the beginning of this September, ZEC’s open interest approached a record close to 2.4 billion dollars, according to reported data. Meanwhile, the crypto rose 134% in one month to temporarily exceed 1000 dollars.
Such progression caught many short sellers off guard. Nearly 34 million dollars of short positions were liquidated during the crossing of the 1000 dollar level on September 4.
Many positions remain heavily exposed. On Hyperliquid, a short position opened by trader Garrett Jin around 444 dollars revealed an unrealized loss of 25.7 million dollars. Another seller risked liquidation when ZEC approached 1317 dollars.
XRP and Solana also contribute to the increase in altcoins’ open interest. However, available statistics do not allow to truly attribute each asset’s contribution to the general surpassing of bitcoin.
The movements can be amplified by such concentration. A quick rebound forces sellers to repurchase their positions, supporting prices. Conversely, a drop can cause chain liquidations among buyers.
The market has not yet entered altseason However, it should be noted that the 2024 precedent invites caution. At the conclusion of the last surpassing of bitcoin by altcoins, many mid-cap cryptos suffered major corrections. This succession does not prove that the open interest shift systematically triggers a drop.
The altcoin market, however, holds lower liquidity. A significant liquidation can therefore weigh more on their price than on bitcoin’s, especially if order books cannot absorb forced sales.
Other indicators do not yet attest to a global altseason. The Altcoin Season Index was at 43 at the end of August, while Blockchain Center sets the confirmation threshold at 75. Moreover, global interest in the term “altcoin” was only around 26 out of 100 on Google Trends.
Bitcoin also maintained a dominance close to 59.2% of the crypto market. Also, altcoins outside the top 10 had admittedly gained more than 10% since the beginning of September, with a valuation above 200 billion dollars. However, this growth remained concentrated on a limited number of cryptos.
Liquidations, funding rates, and spot volumes will now determine the movement’s solidity. A rise supported exclusively by leverage would remain vulnerable to a brutal correction.
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Luc Jose A.
Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
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The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
Solana strengthens its ceiling as Ethereum simplifies its entry point. Two updates published almost simultaneously, yet addressing different issues. The Solana blockchain targets Wednesday to triple the maximum transaction size, from 1,232 to 4,096 bytes, a technical evolution called Transaction v1. At the same time, a tweet confirms that Ethereum approved EIP-8141 for its upcoming major upgrade, Hegotá, planned for 2027 where crypto users will be able to pay their transaction fees directly in stablecoin. This, without holding any ETH. Two competing networks, two strategic projects, and a shifting balance of power on two distinct fronts.
In Brief Solana strengthens its technical ceiling to catch up with one of Ethereum’s historical strong points. Ethereum, on its side, prepares a radical simplification of the user experience on gas payment. The two networks are not catching up on the same delay: each fixes its own historical weakness, on a different timeline. Solana Strengthens its Transaction Ceiling from 1,232 to 4,096 Bytes The transaction ceiling change on Solana is defined by two proposals, SIMD-0296 and SIMD-0385, co-written by Jacob Creech and Andrew Fitzgerald. The new format is already running on Solana’s test and development networks, and existing formats will continue to work. Wallets and crypto applications therefore will not need to migrate to v1 unless they require this additional space.
The old limit of 1,232 bytes dated back to Solana’s original network design, where each crypto transaction had to fit in an internet data packet of about 1,280 bytes. A constraint the blockchain made largely obsolete by modifying its traffic transmission in 2022. The new limit stops at 4,096 bytes because four kilobytes correspond to the standard memory page size used by validators’ hardware. Going further would force a transaction to spread across multiple pages, increasing its processing cost.
The change of the crypto transaction ceiling on Solana. The current challenge goes beyond a simple technical feat because Solana has always been faster and cheaper than Ethereum. But the blockchain lagged behind on one specific point which was its rigidly capped transactions, whereas Ethereum imposes no protocol size limit and allows developers to execute massive operations for higher fees. By tripling its ceiling, Solana thus closes a good part of that historical gap.
What the New Transaction Limit on Solana Unlocks Here is what could now fit in a single transaction and with a single fee instead of several.
Operations that had to be split into several transactions until now; Large crypto proofs; Payments requiring numerous approvals; Certain confidential transfers. However, the change has a downside because all software that reads the blockchain (wallets, explorers, trading applications) must be updated to recognize the new v1 format. A non-updated service might see its requests fail against a transaction in the new format. Or worse, display a zero priority fee when a user has actually paid one, as this data is now stored elsewhere. Heavier crypto transactions also consume more network bandwidth, which could push users to offer higher priority fees during congestion.
SOL VS Ethereum: Two Delays Caught up, Two Opposite Schedules Where Solana catches up on a raw technical handicap, Ethereum tackles a handicap of a completely different nature which is the obligation to hold ETH just to interact with its own network. An adoption barrier identified for years, but whose fix will only arrive with the Hegotá upgrade in 2027. Vitalik Buterin himself framed EIP-8141 as the culmination of ten years of work on account abstraction. A way of saying it is not a one-off fix but the continuation of a project underway since the crypto network’s inception.
The balance of power thus plays out on two different planes and not on the same tempo because Solana fixes a technical weakness immediately, which mechanically brings it closer to Ethereum in terms of complexity it can absorb. Ethereum, on its side, does not seek to compete on raw capacity. No, it aims to make its network more accessible to crypto users who never had to understand ETH, but it does so on a one-and-a-half-year horizon. Solana closes its gap and Ethereum creates a new simplicity aspect. Provided, of course, it meets its schedule.
Key Takeaways on Solana Tripling its Transaction Size Solana targets Wednesday to triple its transaction ceiling, from 1,232 to 4,096 bytes, via Transaction v1 (SIMD-0296 and SIMD-0385) Crypto wallets, explorers, and services reading Solana must update to avoid errors or incorrect fee data Ethereum confirmed EIP-8141 for its Hegotá upgrade (2027), allowing gas to be paid in stablecoin without holding ETH Two networks, two projects, two schedules. Solana fixes its raw capacity starting this week, whereas Ethereum (ETH) targets accessibility, but not before 2027. On the balance of power between the two chains, tempo will make as much difference as the technical aspect itself.
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
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Solana (SOL) price is down by 2.37% today, September 8, to trade at $102 at the time of writing. Despite this drop, whale addresses have opened $9 million in long positions on Solana, suggesting that they anticipate an uptrend ahead of a network upgrade that will take place on September 9.
Whales Open $9M Worth of Long Positions on Solana Data from CoinGlass shows that five whale addresses on Hyperliquid are betting that the price of Solana will continue with the uptrend that commenced on August 17. These five whales have opened $9.11 million long positions on SOL between September 7 and September 8.
Solana Long Positions (Source: CoinGlass) These long positions are opening ahead of an upgrade on Solana that will triple the transaction size from 1,232 bytes to 4,096 bytes.
Analyst Crypto Tony says that the upgrade will ensure that multiple transactions can be bundled into one transaction. He adds that this change will give Solana a competitive edge over Ethereum because unlike SOL that is limited to 1,232 byte transactions, Ethereum does not have a set protocol size limit.
“By more than tripling this ceiling to 4,096 bytes, Solana is looking to eliminate this structural bottleneck,” the analyst said.
Still, Ethereum is also working to improve its network, with an earlier report by CoinGape noting that Vitalik Buterin teased the biggest upgrade on ETH since the merge, focused on making the network resistant to the threats of quantum computing.
Futures Market Remains Broadly Bearish Despite Whale Longs Data from CoinGlass shows that Solana’s funding rate has turned negative. This change suggests that there are more short traders than long traders. It also suggests that the five long whale positions on Hyperliquid are taking a contrarian position to most futures traders.
Solana Funding Rate (Source: CoinGlass) The long/short reading of 0.92 also suggests that there are more short accounts than long accounts, as traders also bet that the Solana price will drop.
The demand for futures positions on Solana has also dropped, with the derivative volume numbers dropping by 16% to $6.53 billion at the time of writing. The open interest is also down by 1.21% to $6.47 billion.
Still, inflows to Solana ETFs have persisted, with the products recording ten straight weeks of inflows, suggesting that demand from institutions remains high despite weakened demand from futures traders.
Solana Price Tests Symmetrical Triangle Support as Momentum Weakens The price of Solana is trading within a symmetrical triangle pattern on the four-hour chart. This pattern usually precedes a breakout on either side depending on whether the buying or the selling pressure is high.
The triangle pattern has a height of 16%. If the price of Solana moves below the lower trendline of this triangle, it could drop by 16% and reach $84. However, if Solana moves above the resistance at $107, the price could gain by 16% and reach $124.
The RSI reading of 45 supports a bearish long-term Solana price outlook. The RSI line that is making a lower low also suggests that the selling pressure is increasing despite the upcoming upgrade on September 9.
SOL/USDT: 4H Chart (Source: TradingView) The AO bars that are red and shrinking in length also suggest that the bullish momentum is becoming weak, suggesting that the price of SOL might move to test the psychological support at $100.
Useless Coin (USELESS), a Solana-based memecoin that openly markets itself as having no practical utility, surged 22% in the 24 hours leading up to its listing on South Korean exchange Bithumb. The token had already climbed 160% over the prior week and 500% over the past month, underscoring the appetite for speculative assets in the current market cycle.
Bithumb confirmed it would open USELESS trading against the Korean won starting at 14:00 local time, giving the token its first direct fiat on-ramp in one of Asia's largest crypto markets. The announcement was enough to send the token sharply higher before trading even began.
From BONKfun Launch to Major Exchange Listings Useless Coin is a community-driven memecoin launched on the Solana blockchain through the BONKfun platform. Launched in May 2025, its entire premise is to mock the industry's relentless focus on "utility" and complex roadmaps, with a whitepaper that is a 47-page parody document concluding the token is, indeed, useless. The entire supply of 1 billion tokens was launched at once via a launchpad with no team allocation, making all tokens immediately liquid.
The token first entered the broader spotlight through its involvement with the Kraken exchange. The token achieved widespread attention in early 2026 after winning a trading competition hosted by Kraken, with the victory resulting in the Useless Coin logo being featured on the limited-edition jerseys of Atlético de Madrid for a match against FC Barcelona.
A Growing Exchange FootprintThe Bithumb listing adds to an already expanding presence on centralised exchanges. The recent rally for USELESS has followed a series of major exchange listings, with Coinbase, Binance US, and Kraken all listing the token and giving it the kind of exposure most memecoins can only dream of. Its first parabolic rally saw a market cap jump from $4.2 million to $420 million, an impressive feat for a coin that openly brags about doing nothing.
Useless Coin was designed as a satirical critique of utility-driven cryptocurrencies, explicitly embracing its lack of utility and positioning itself as a parody of the crypto industry's focus on complex tokenomics and functional use cases. Whether the Bithumb listing sustains the rally or marks a near-term peak remains to be seen, but the token's trajectory so far has confounded sceptics at every turn.
Sources:
CoinGecko: Useless Coin (USELESS) price, market cap and project overview
Kraken Blog: USELESS is available for trading
CoinMarketCap: What Is Useless Coin (USELESS) and How Does It Work?
TLDR Solana recorded $348 million in net RWA inflows over the past 30 days. Solana’s total tokenized RWA value reached $720 million. The data comes from RWA.xyz, tracking tokenized Treasuries, credit, and other real-world assets. RWA inflows are separate from memecoin trading and speculative volume. The growth suggests Solana’s low fees and speed may be drawing more than retail traders. Solana has recorded $348 million in net real-world asset inflows over the past 30 days. The data comes from RWA.xyz, a platform that tracks tokenized asset activity across blockchains.
The inflows pushed Solana’s total tokenized RWA value to $720 million. This includes products like tokenized Treasuries and credit pools.
Solana is usually known for memecoins, fast trading, and consumer apps. This new data shows a different side of the network’s activity.
What The RWA Inflows Show RWA inflows are not the same as memecoin trading volume. They reflect capital moving into tokenized products tied to real-world assets, not short-term speculation.
These products can include U.S. Treasury instruments, private credit, tokenized funds, and other assets linked to traditional finance. The activity connects blockchain settlement with existing financial markets.
A $720 million RWA total gives Solana a real presence in the tokenization space. It does not place the network at the top of every list, but the pace of recent inflows stands out on its own.
Momentum matters here because institutional-style capital tends to move with more caution than retail trading. Growth in this area can signal rising confidence from issuers and allocators.
Why Speed And Cost Matter Lower transaction fees can make it easier to move tokens, transfer collateral, and settle trades. Fast confirmation times also help when tokenized assets are used inside DeFi platforms.
This gives Solana a practical pitch to RWA issuers. The network can offer liquidity, an active user base, and lower costs than some alternatives.
These features do not guarantee adoption, but they lower the barrier for teams building tokenized products. Issuers weighing where to launch often look at cost and speed as starting points.
The current inflow data does not confirm widespread institutional adoption of Solana. It shows capital movement and rising totals, not confirmation that major institutions have shifted operations to the network.
Solana Price on CoinGecko It also does not guarantee this capital stays in place. If yields, incentives, or market conditions change, some of these inflows could reverse.
The numbers reflect inflows and total value locked at this point in time. They are a snapshot, not a long-term commitment from any single institution or issuer.
Solana’s RWA growth adds a second track to its ecosystem. Retail trading and memecoin activity remain part of the network, alongside this newer tokenized asset activity.
This article draws on RWA.xyz Solana network data and public DeFiLlama Solana metrics.
Solana has attracted $348 million in net real-world asset (RWA) inflows over the past 30 days, lifting its total value of tokenized RWAs to $720 million. The figures come from RWA.xyz, a platform tracking the movement and size of tokenized treasuries, credit products, and other real-world assets across blockchain networks.
Rising real-world asset adoptionTraditionally known for its memecoin activity and high-speed trading, Solana is now seeing significant capital move into products linked to traditional finance. These inflows mark a departure from purely speculative markets, instead reflecting interest in tokenized instruments like US Treasuries, private credit, and funds that bridge conventional and blockchain-based finance.
According to RWA.xyz, the $720 million total positions Solana as an active player in the growing RWA tokenization space, even if it does not top every sector leaderboard. The rapid pace of recent inflows stands out and suggests broader interest in Solana’s capabilities for handling institutional-style capital.
This growth in tokenized RWAs highlights the network’s effort to diversify its ecosystem. Retail traders remain active on the network, but fresh capital from more risk-averse allocators is expanding the range of participants.
Recent data indicates that Solana now supports $720 million worth of tokenized real-world assets, driven by $348 million in net inflows over the past month. These inflows primarily involve capital moving into tokenized Treasuries and credit products, signaling new demand beyond the network’s established trading communities.
Network features support inflow momentumSolana’s relatively low transaction costs and fast confirmation times stand out as key advantages for RWA issuers. Cost reductions benefit not only retail users but also institutions that need to move assets, post collateral, and settle trades quickly and efficiently.
These features are central to the network’s appeal as a launchpad for tokenized RWA products. Teams considering where to issue assets often prioritize efficiency and scalability, which Solana aims to address.
In a landscape where minor events, such as Federal Reserve decisions or sudden altcoin listings, can instantly shift market sentiment, crypto users face rapid changes in price and market depth. In this environment, switching among different apps for analytics, portfolio reporting, and news can result in lost opportunities. Many traders are consolidating their tools with platforms like CryptoAppsy, which provide real-time charts, smart price alerts, coin-focused news, and major macro data without account registration, giving investors everything they need to respond swiftly on a single screen.
Market observers note that these advances encourage the participation of professional allocators, who are typically more cautious than retail traders and may be drawn by the efficiency advantages Solana offers.
Institutional adoption and outlookThe latest RWA inflows do not by themselves confirm comprehensive institutional adoption of Solana, but they do highlight rising totals and a broadened user base. The inflow figures provide a snapshot that may change with evolving yields, incentives, or broader market fluctuations.
There is no guarantee that all this capital will remain on the Solana network. Shifting market conditions or incentive programs could trigger outflows in the future, as is common with tokenized asset platforms.
Nonetheless, the network’s increasing RWA footprint signals that issuers and larger investors are recognizing its potential for tokenized financial products. Retail-driven memecoin and fast trading activity remain, but the platform now features a growing segment focused on real-world assets.
Figures are drawn from RWA.xyz and DeFiLlama Solana network statistics.
Solana’s recent RWA inflows reflect broader diversification within the network, as capital from outside the standard speculative ecosystem drives its tokenized asset market to new heights.
On September 9, Solana will undergo a major network upgrade, with a new maximum transaction size of 4,096 bytes instead of 1,232 bytes on the blockchain. The modification could enable significantly more complicated operations within a single atomic transaction and represents a roughly 3.3x expansion.
Update is much closer nowAnatoly Yakovenko, a co-founder of Solana, outlined one possible use for the update. Solana requires "1 tx moving data atomically through two zk roots," according to Yakovenko's commentary on the impending change. He also mentioned that based rollups could exist on Solana.
SOL/USDT Chart by TradingViewDeeper usecaseHis remark suggests a more comprehensive use case than just adding more data to every transaction. Incorporating zero-knowledge proofs and rollup-related operations while maintaining atomic execution either the entire transaction succeeds or none of it does — might be simpler for larger transactions.
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The 1,232-byte limit that is currently in place comes from Solana's initial networking architecture. After taking networking overhead into consideration, transactions were restricted to fit within the IPv6 minimum MTU. SIMD-0296 was able to propose the new 4,096-byte ceiling, since the adoption of QUIC eliminated the need to maintain that same restriction.
Solana's new v1 transaction format provides the higher limit. The change does not just increase every transaction on the network; legacy and v0 transactions will continue to operate according to their current rules. To access the extra capacity, developers must use v1.
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The Solana testnet has already received the upgrade, where Transaction V1 went live in September, one month before the scheduled mainnet deployment.
The Solana Foundation identifies a number of workloads, including large multisigs, BLS signatures, Winternitz one-time signatures, and Confidential Transfers, that might benefit from the extra space in addition to ZK systems. As a result, some operations that previously required several transactions can now fit into a single atomic operation, possibly lowering fees, coordination overhead, and confirmation complexity.
Yakovenko's emphasis on ZK roots and based rollups implies that the upgrade may ultimately have a greater impact on Solana's application architecture than the 3.3x figure alone suggests. The September 9 activation provides the underlying transaction capacity; developers will decide how actively that additional capacity is utilized.
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US stocks opened, with the three major indices showing mixed performance.
According to market data from BIT (bit.com), U.S. stocks opened with the Dow Jones Industrial Average down 0.7%, the S&P 500 index slipping 0.1%, and the Nasdaq rising 0.08%. Qualcomm (QCOM.O) gained 5% after it struck a multi-generational product cooperation deal with Amazon (AMZN.O). Intel (INTC.O) climbed 6% amid reports that its CPUs will see another 10% price hike. ASML (ASML.O) added 3.8%, while TSMC (TSM.N) rose 2.4% as the two companies launched a high-numerical-aperture EUV photomask partnership.
8 minutes ago
Robinhood Chain’s mainnet has been live for 70 days, with total on-chain revenue reaching $42.58 million.
According to Yuqing Monitoring, Robinhood Chain has been live on its mainnet for 70 days, with total chain revenue reaching $42.58 million (17,171 ETH), averaging $608,000 per day. Robinhood takes 90% of the revenue, equivalent to 15,454 ETH (approximately $38.32 million). As the technical provider, Arbitrum collects a 10% cut, amounting to 1,716 ETH (roughly $4.26 million).
8 minutes ago
It is reported that DeepSeek will expand its team to 1,000 people this year, after announcing a full doubling of its entire workforce just two months ago.
Dongcha Beating AI Express: A frontline institutional investor revealed that AI firm DeepSeek targets expanding its team to around 1,000 people this year. DeepSeek has not publicly confirmed the figure, but the expansion has already begun. In June, the company announced all departments would at least double in size, and this week, it opened roughly 150 backend and Agent infrastructure job positions at once. This round of expansion is no longer focused solely on model research; the latest recruitment covers large model research platforms, Agent frameworks, APIs, online services, data engineering, and elastic computing. Cui Tianyi, head of the Harness team, noted that data, computing resources, training and evaluation tasks, Agent environments, and user requests are growing rapidly, requiring continuous upgrades or even full rewrites of the original backend systems.
8 minutes ago
Qualcomm up nearly 10% in pre-market trading, reaches multi-generation product cooperation deal with Amazon.
According to market data from BIT (bit.com), Qualcomm (QCOM.O) saw its pre-market shares jump nearly 10% after the chipmaker today announced a multi-generational collaboration agreement with Amazon, aimed at mass-producing customized chips for large-scale AI data centers. The two parties will jointly advance AI inference technology. Qualcomm is offering Amazon warrants for up to 25 million shares. Additionally, Qualcomm and Amazon are developing optical interconnect solutions with a transmission rate of up to 1.6T.
8 minutes ago
Qualcomm and Amazon strike a multi-generational partnership to jointly develop custom chips for AI data centers.
Qualcomm (QCOM.O) announced today a multi-generational partnership with Amazon (AMZN.O) to provide customized chips for large-scale AI data centers and jointly advance AI inference. The two sides are also collaborating on developing optical interconnect solutions with speeds up to 1.6T and for future generations. Qualcomm plans to deepen its use of AWS AI infrastructure (including Amazon Bedrock) for electronic design automation (EDA) workloads, with the goal of shortening chip design cycles. Cristiano Amon, president and CEO of Qualcomm, stated that amid accelerating AI demand, data center infrastructure needs breakthroughs in both computing and connectivity, adding that Qualcomm is pleased to partner with AWS on customized chips and connectivity solutions. Prasad Kalyanaraman, vice president of AWS, said the collaboration builds on a strong partnership, with both sides working together to deliver more efficient and cost-effective infrastructure for customers.
8 minutes ago
Whale closes BTC short positions again, loses $114,000 after going long on 20,000 ETH ahead of sharp price surge.
According to on-chain analyst Ai Yi (Twitter handle @ai_9684xtpa), a whale that went long 20,000 ETH with 4x leverage ahead of a sharp price rally has closed out its BTC short position, cutting losses at just under $114,000 after holding the position for less than seven hours. The address has previously closed two prior BTC short positions at a loss, bringing total losses across three BTC shorts to $547,000. Its ETH long position currently holds an unrealized profit of $10.71 million.
Ripple (XRP), Cardano (ADA), and Solana (SOL) maintain a consolidative tone, struggling to sustain their upside momentum. The technical outlook for XRP, ADA, and SOL suggests downside risk as altcoins struggle to advance their August gains.
Ripple holds above its 200-day EMARipple trades around $1.40 at press time on Tuesday, holding a constructive bias above its 200-day Exponential Moving Average (EMA) at $1.3550. The altcoin also hovers above the 50% Fibonacci retracement of the $0.9862 to $1.6999 upswing at $1.3430, underpinning the broader uptrend.
Momentum shows early signs of easing on the daily chart with the Moving Average Convergence Divergence (MACD) slipping below its signal line, while the Relative Strength Index (RSI) is around 59, reaffirming that momentum is moderating.
On the topside, resistance aligns first at the 78.6% Fibonacci retracement at $1.5129, with further hurdles at the recent swing high around $1.6999, levels that bulls would need to reclaim to reassert a stronger upward extension.
XRP/USDT daily price chart.On the downside, immediate support is seen at the 200-day EMA near $1.3550, followed by the 50% retracement at 1.3430, with deeper cushions at the 61.8% level at 1.2588 and the 78.6% retracement around 1.1389 if sellers extend a correction.
Cardano capped below long-term resistanceCardano holds a constructive near-term tone above the 50-day and 100-day EMAs at roughly $0.1978 and $0.2000, respectively. Still, ADA remains below the resistance cluster formed by the 200-day EMA at $0.2449 and the 78.6% Fibonacci retracement at $0.2465, measured from $0.2887 to $0.1382.
A confirmed breakout above this zone could extend the rally toward the $0.2887 swing high, followed by the 127.2% Fibonacci extension at $0.3527.
The RSI around 59 suggests mild neutral-to-bullish momentum, while the MACD and signal line show a modest positive slope, hinting that upside pressure could be easing.
ADA/USDT daily price chart.Looking down, initial support is aligned at the 50% retracement at $0.1997, backed by the 100-day EMA at $0.2002 and the 50-day EMA at $0.1978.
Solana loses strength above $100Solana trades around $103 on Tuesday, maintaining a constructive bullish bias as the price remains well above the 50-day, 100-day, and 200-day EMAs, which are clustered between roughly $85.80 and $90.95. This elevated positioning suggests the broader uptrend is intact.
From a technical perspective, Solana must surpass the December 16 low at $116, followed by the January 13 high at $148.
The RSI has eased back from prior overbought territory to a still-firm 62, while the MACD has slipped below its signal line, hinting at waning upside momentum.
SOL/USDT daily price chart.On the downside, initial support is seen around the $100 psychological level, reinforced by the 200-day EMA near $90.94 and the 50-day EMA near $90.03.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Solana is preparing to implement a major network upgrade on September 9, substantially increasing its maximum transaction size from 1,232 bytes to 4,096 bytes. This change marks a 3.3-fold expansion and is expected to enable more complex interactions within a single atomic transaction across the Solana blockchain.
Key upgrade details and technical backgroundAnatoly Yakovenko, co-founder of Solana, highlighted a key use case for the upgrade, explaining that the network will now allow “1 tx moving data atomically through two zk roots.” He alluded to the potential for rollup-based operations to take place on Solana, suggesting that beyond merely increasing transaction size, the upgrade could broaden the blockchain’s range of capabilities.
The revised transaction ceiling stems from the adoption of QUIC, a modern internet transport protocol, which made it possible to move beyond the network’s longstanding constraint. The original 1,232-byte limit was set to ensure transactions would fit within the minimum MTU required by IPv6, after accounting for networking overhead.
Mini dictionary: QUIC is a transport layer network protocol originally designed by Google, prioritizing speed and lower latency, and has now been adopted by various blockchain projects to improve network efficiency.
The adjustment arrives with Solana’s new transaction format, known as v1, which supports the larger transaction size. Existing legacy and v0 transactions will remain unchanged, so developers will need to adopt the v1 format to utilize the higher capacity.
Potential for new use cases and improved efficiencyThe Solana Foundation has identified several advanced applications that stand to benefit from the expanded transaction size. These include large multisignature operations, BLS signatures, Winternitz one-time signatures, Confidential Transfers, and zero-knowledge (ZK) systems. Many of these operations previously required multiple transactions but can now fit into a single atomic action, which could reduce transaction fees and confirmation times.
The upgrade is designed to unlock a range of possibilities for developers, especially those working with sophisticated cryptography and privacy technologies. Incorporating zero-knowledge proofs and rollup mechanisms becomes more feasible with the new capacity, while still maintaining the principle of atomic execution: either all parts of a transaction succeed, or none do.
Yakovenko claims that the upgrade is not only about handling more data per transaction, but also about allowing atomic transfers of complex operations like zk roots and supporting rollup-based applications natively on Solana.
Deployment and future outlookThe upgrade has already been deployed to Solana’s testnet, with Transaction V1 going live there in September, ahead of the mainnet rollout. The mainnet is scheduled to activate the higher transaction limit on September 9, enabling developers to take advantage of these improvements for production applications.
Although the upgrade increases the raw transaction capacity, the extent of its impact will depend on how developers build and scale new applications. Yakovenko’s focus on integrating advanced ZK proofs and rollups indicates that the real effect of the change could extend far beyond the headline 3.3x increase in size.
FeatureOld ValueNew ValueMax Transaction Size (bytes)1,2324,096Transaction Format RequiredLegacy/v0v1Rollup/ZK SupportLimitedExpandedDeploymentTestnet (Sep.)Mainnet (Sep. 9)The September 9 upgrade will provide Solana with a significant technical capacity increase. The full impact will depend on development activity and adoption of the new format within the ecosystem.
Solana maintained a price near $105 on Tuesday, September 8, according to CoinGecko data, holding above the psychologically important $100 level after a volatile start to the month. The four-hour trading chart shows SOL closing at $103.77 on September 7, with traders watching for a breakout test in the $115–$116 range as short-term volatility continues.
Traders monitor key levels as SOL compresses near $105Solana is currently trading within a tightening technical pattern on the four-hour chart, with rising support converging toward descending resistance near current levels. This setup follows a recovery from lows seen in early September. Market analyst SatoshiOwl stated that this price compression could initially resolve to the upside, targeting the $115–$116 area.
The technical chart reveals SOL hovering near $105.67, with resistance traced back to late August’s high at around $110. The upward trendline anchors from a rebound around $97–$98, creating a focal point for potential price action.
A decisive move above the descending line would be the first technical signal confirming a bullish breakout. To solidify this move, Solana must surpass the $107–$108 area, which is seen as local resistance, before any rally toward $115–$116 can be confidently anticipated.
Despite the bullish setup, SatoshiOwl warned that the projected upward move comes with significant risks. According to his scenario, after peaking near $116, SOL may see a sharp reversal sending prices quickly back toward the mid-$80s. The analyst remains optimistic for a short-term rally, but cautioned that excessive enthusiasm at higher levels could leave traders vulnerable to a sudden downturn.
“The path looks bullish in the short term, but if optimism runs too high near $116, downside risk sharply increases,” SatoshiOwl indicated.
A decline below the rising support line or a drop under recent lows around $103–$104 would likely undermine the breakout narrative. Falling beneath the $100 threshold would further weaken the bullish outlook for Solana in the near term.
Long-term chart highlights $148 and $248 resistance zonesA separate long-term analysis by Celal Kucuker, a crypto trader and chartist, presents an even more bullish prospect for Solana. His chart identifies the key support zone at $70.72 as the foundation for a potential major recovery, outlining a rounded price formation that could eventually challenge much higher resistance if upward momentum continues.
On the seven-day Binance chart, Solana has rebounded from the $70.72 support and is pushing away from a descending trendline. However, the next crucial test awaits at $148.16, which must be cleared for the recovery structure to strengthen. Should that happen, the focus would shift to the higher resistance area at $248.63.
Kucuker predicted the possibility of SOL reaching $300 and making a new all-time high if these major hurdles are overcome. His extended target scenario, illustrated within the chart, shows a potential move toward approximately $989.60—yet such outcomes hinge on clearing the closer resistance levels first.
Charts suggest $1,000 is a long-term target, but Solana first needs breakouts above $148 and $248,” Kucuker explained in reference to the ongoing recovery structure.
For now, analysts are watching both short-term and long-term timeframes. Immediate focus remains around the $107–$108 and $115–$116 levels. Without a clear breakout, more ambitious targets will remain out of reach and Solana’s current trend will be dictated by technical support and resistance milestones.
DeFi Development Corp has closed an $11 million public offering of something called CHAD Stock, a preferred equity instrument backed by the company’s Solana treasury. The offering, which wrapped up on September 8, marks what the company is calling the first SOL-backed digital credit instrument to trade on a major exchange.
What CHAD Stock actually is CHAD is the company’s Variable Rate Series C Perpetual Preferred Stock. It’s a share class that sits above common equity but below debt in the event the company ever has to liquidate. It pays dividends, doesn’t convert into common stock, and trades on Nasdaq under the ticker CHAD.
The offering consisted of 1.375 million shares priced at $8.00 each. Each share carries a stated value of $10, with an annual dividend rate of 13% on that stated value. At the $8 purchase price, that translates to an effective yield of roughly 16.25%. The first dividend payment is scheduled for October 1, 2026.
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Notable participants in the offering included Thomas Lee, co-founder and head of research at Fundstrat Global Advisors, and the chairman of BitMine, an Ethereum-focused treasury firm.
The SOL treasury play DeFi Development Corp, which trades on Nasdaq under the ticker DFDV, currently holds approximately 2.33 million SOL along with other equivalent digital assets. A recent acquisition added roughly 19,000 SOL at an average price of $98 per token.
The net proceeds from the CHAD offering will be directed primarily toward buying more Solana and investing in related digital asset projects. The comparison to MicroStrategy is instructive but imperfect. MicroStrategy’s convertible notes gave bondholders an equity kicker through conversion rights. CHAD Stock is explicitly non-convertible, meaning holders get their yield and their liquidation preference, but no path to common equity upside.
If SOL appreciates meaningfully, DFDV keeps the upside beyond its 13% dividend obligation. If SOL drops, the company still owes those dividends.
From real estate to Solana DeFi Development Corp was previously known as Janover Inc., a firm involved in real estate and AI-powered financing. In April 2025, the company rebranded and pivoted to a Solana-focused digital asset treasury strategy.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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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Everyone is waiting for the Hyperliquid Season 3 airdrop, Machi Big Brother posted on Monday. His fix is a Solana meme coin called Season 3 (S3), and he says it pays HYPE to holders.
Jeffrey Huang is the Taiwanese-American entrepreneur behind the account. His pick spiked early Tuesday, then gave back about three-quarters of the move within hours.
Machi Big Brother Says He Is Not the DevHuang framed the coin as a way to skip the wait. He also borrowed a phrase, “let’s dance,” from trader Ansem, who had used it days earlier for a different coin. Then he stepped back from the project itself.
Season 3 coin $S3 is paying $HYPE sividends or hividends?
— Machi Big Brother (@machibigbrother) September 7, 2026
That disclaimer matters given his record. In March, he absorbed roughly $75 million in liquidations on Hyperliquid. Days ago, he pulled his $1M Friend.tech offer.
The Hyperliquid Season 3 Airdrop Nobody AnnouncedHyperliquid ran two-point phases, both before its Genesis Event. Farmers label them Season 1 and Season 2. The protocol never used the word season.
Nobody learned the exact rules either. Hyperliquid said only that its criteria changed on a recurring basis, and it never confirmed that points set the payouts.
That event released 310 million HYPE, or 31% of supply. No campaign and no payout have followed it.
Hope rests on the treasury. Another 388.88 million HYPE stays unminted for future emissions and community rewards.
HYPE itself trades around $84 after approaching record highs last weekend. Season 3 buyers are pricing a distribution that has no schedule.
Hyperliquid Price Performance. Source: BeInCrypto MarketsThe payout pitch does have a mechanism. Raydium lets token creators claim a cut of trading fees once liquidity reaches its main pools. Fees on the HYPE-quoted launchpad pool, therefore, arrive in HYPE.
S3 copies a template that is already running. Anonymous Cat, a Solana coin quoted in Zcash, opened on August 30 and now carries a $95 million market cap. Zcash, meanwhile, crossed $1,000 last week. Ansem promoted that one.
Neither coin runs on the chain it borrows from. S3 sits on Solana, not HyperEVM.
Liquidity stays thin. The HYPE pool carries about three-quarters of all S3 trading, near $3.6 million over 24 hours. It holds just $175,000 of depth. Total liquidity across every pool sits near $500,000.
Pools disagree on the price by more than 60%. Buyers are paying up for a claim that no named developer has confirmed.
Anatoly “Toly” Yakovenko, co-founder of Solana Labs, made a pointed argument on September 7: changing how the IRS taxes block rewards would do more for Solana’s ecosystem than any tweak to the network’s burn mechanisms, transaction fees, or inflation schedule.
The tax problem nobody wants to do math on The core issue traces back to IRS Revenue Ruling 2023-14, which treats staking rewards as ordinary income the moment a validator or delegator gains “dominion” over them. In practical terms, that means if you earn 100 SOL in staking rewards and SOL is trading at $150, you owe income tax on $15,000, even if you never sold a single token.
This creates what tax professionals call “phantom income.” You have a tax bill on gains you haven’t actually realized. If SOL’s price drops 40% before you sell, you still owe taxes based on the higher value at the time you received the rewards.
The burden falls hardest on smaller stakers who may not have the liquidity to cover tax obligations without selling their rewards. That selling pressure, ironically, can push prices down further, creating a cycle that discourages the very participation proof-of-stake networks depend on.
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Legislative momentum, but no finish line In December 2025, Representative Mike Carey and 18 of his congressional colleagues sent a letter to the IRS urging the agency to revise its guidance on staking and mining rewards before the 2026 tax year.
The core of the reform argument is that staking rewards should be treated as newly created property, not income. Under this framework, tokens earned through staking would only become taxable when they’re actually sold.
The Solana Policy Institute has been active on this front as well, filing legal briefs that advocate for realization-based taxation on newly minted tokens.
Despite the bipartisan interest, the IRS hasn’t budged from its 2023 position. Revenue Ruling 2023-14 remains in effect, and no formal rulemaking process has been announced to modify it.
Solana’s tokenomics debate takes a back seat SGP-0002, a governance proposal that doubles Solana’s disinflation rate to 30%, was approved in late August 2026. The proposal accelerates the pace at which new SOL issuance decreases over time, making the token’s supply dynamics more deflationary.
Yakovenko’s framing suggests these efforts are secondary. His reasoning appears to be that enhancing network capacity and reducing latency, paired with favorable tax treatment, would have a compounding effect that dwarfs what protocol-level economic tweaks can achieve alone. He also indicated support for testing burn mechanisms specifically to benefit app developers, but positioned this as a complementary effort rather than the main event.
What’s actually at stake The implications extend well beyond Solana. Every proof-of-stake network in the US ecosystem faces the same tax headwind. Ethereum stakers, Cosmos delegators, and participants across dozens of other networks all contend with the same Revenue Ruling 2023-14 framework.
The 2026 tax year is already underway, meaning any retroactive guidance change would need to come relatively soon to affect current filing obligations. For US stakers across every network, the clock is ticking on a problem that no governance proposal can solve.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Amid numerous network upgrades, Solana has started a 5-stage reduction in the amount of $SOL users must lock into accounts to cover onchain storage. The reform could eventually make about 3.06M $SOL available for users to reclaim.
Why Everyone Is Calling It a $319M Airdrop At around $100 per $SOL, that represents more than $300M. A price around $104 would put 3.06M $SOL near $319M, which explains the figure circulating online.
However, Solana users should not expect the network to distribute free $SOL. The tokens already belong to account holders. The rent reduction lowers the minimum balance required to maintain accounts, potentially leaving some accounts with excess lamports that users can reclaim. Solana activated the first SIMD-0437 feature gate at epoch 1028 on September 3. The change reduced the lamports-per-byte figure from 6,960 to 6,333, delivering an initial 9% reduction.
Developers will not automatically activate each remaining stage. They will examine state growth at each level before deciding whether to proceed. A separate safeguard, SIMD-0438, can restore the original 6,960 value if state growth creates problems.
The second stage reached testnet on September 3 and cuts the figure to 5,080 lamports per byte. Developers expect mainnet activation in mid-September. The remaining 3 stages target Agave 4.4, which is expected in November.
What “Rent” Actually Means Solana calls the required balance rent, but users do not permanently pay this money as a fee. The balance works as a refundable bond that covers the storage an account occupies across validators.
Solana calculates the minimum balance using:
Minimum balance = (128 + data size) × lamports per byte
SIMD-0437 ultimately reduces the constant from 6,960 to 696, a 90% reduction.
For an SPL token account, the change could reduce the deposit from about $0.159 to $0.0159, assuming similar economics. A business creating 1M token accounts could therefore see its required deposits fall from about $159,000 to $15,900.
How Can You Reclaim the Excess $SOL? If you have $SOL and other Solana ecosystem tokens in your wallet, you are definitely eligible for the claim, depending on the token accounts in your wallet.
You can now recover the difference between your current $SOL rent balance for each token account and the new minimum rent as the rent required reduces, using multiple tools such as Sol-Incinerator’s ‘incinerator’ tool.
The first stage of the rollout, which is currently live on mainnet, has reduced the required rent by about 10% of the 696 lamport target. The remaining 90% will be available to claim as the remaining 4 stages go live.
The reclaim mechanism adds another important part to the story. Solana's Token Program now includes a WithdrawExcessLamports instruction through its May P-token upgrade. The instruction is what enables wallet providers, DeFi apps, and other onchain services to claim the $SOL sitting above the rent-exempt minimum from a token account, mint, or multisig account without closing the account or affecting its token balance.
Another Step in Solana's Upgrade Cycle The Solana network is embodying the popular “Increase Bandwidth, Reduce Latency” maxim as the rent reduction arrives alongside other major Solana changes. SIMD-0525 recently reduced the target slot time from 400ms to 300ms, with 2 further reductions planned before the network reaches the proposed 200ms target.
Meanwhile, Transaction V1 has reached testnet and increases the maximum transaction size from 1,232 bytes to 4,096 bytes. The larger format could accommodate workloads such as ZK proofs, large multisigs, and confidential transfers within a single transaction.
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7 September 2026 | 22:53 Solana’s recovery has reached $105, a weekly resistance cluster where Fibonacci, the falling trendline and the 50-week average meet, while the death cross keeps the broader trend fragile.
Key Takeaways RSI shows that selling lost momentum. The death cross reflects trend weakness. Stablecoin supply rose as trading cooled. $134 is the next recovery test. The rebound follows Solana’s August rally, when SOL briefly reached $110, its high for the month. The weekly chart now shifts attention to $105, the first resistance zone the recovery must clear.
$105 is a resistance cluster, not a single price The 23.6% Fibonacci retracement sits at $105, close to the descending trendline and the 50-week simple moving average. Together, those levels form the first major resistance zone for SOL’s recovery.
A one-day move above that area would not change the weekly structure. SOL needs to close above $105 and hold the level after a retest before the market can treat it as support. Until then, the recovery remains a challenge to the downtrend.
Solana’s weekly levels
Level Why it matters $105 23.6% Fibonacci retracement and the first weekly resistance zone. $134 38.2% Fibonacci retracement and the next major upside barrier. Mid-$140s Area of the 100-week moving average, another major resistance level. $156 50% retracement of the decline from the 2025 high to the June low. RSI shows that selling pressure weakened SOL made a lower price low during the decline into June, while its weekly RSI made a higher low. That mismatch is known as a bullish divergence: price continued to fall, but the momentum behind the sell-off weakened. It suggests that sellers were losing control into the June bottom.
That becomes more meaningful only if price follows through. A sustained weekly move above $105 would show that buyers are responding to the improvement in momentum; another rejection there would leave the divergence in place without confirming a reversal.
Solana (SOL/USDT) weekly price chart. The death cross is already in place The 50-week moving average has fallen below the 200-week average, creating the death-cross condition. Traders watch it because it shows the shorter-term trend has weakened below the longer-term trend, even though the crossover itself is a lagging indicator rather than a forecast for the next weekly candle.
The 50-week and 200-week averages are converging around $105, making that zone more important. The 100-week average sits in the mid-$140s, adding another barrier if SOL recovers beyond the first retracement.
Stablecoin supply rose, but trading volume fell DeFiLlama puts Solana’s stablecoin market cap at about $16.42 billion as of writing, up 5.05% over seven days. The figure covers stablecoins circulating across the network, including balances in wallets and DeFi applications.
That matters because those stablecoins can be used to buy SOL on Solana-based exchanges or posted as collateral on onchain perpetual platforms. A larger stablecoin balance expands the pool of dollar-denominated capital available on the network, but it does not show how much is actively sitting in SOL trading pools, order books or derivatives margin.
So far, trading activity has not confirmed a broad expansion in demand. Solana’s seven-day DEX volume was down 11.02%, while perpetual-futures volume fell 5.78%. A recovery above $105 would carry more weight if turnover starts rising alongside the stablecoin balance, showing that more of that capital is entering SOL markets rather than remaining in wallets, lending protocols or payment balances.
Recent network use remains relevant – Solana fees reached record levels earlier this month, but fee growth alone does not determine the weekly chart trend.
Payment Channels show where that liquidity could be used Growing stablecoin liquidity becomes more relevant when applications give users a reason to move it. On September 3, the Solana Foundation introduced Payment Channels, which allow users or software agents to authorize a spending limit once, exchange signed payment updates offchain and settle the final balance onchain.
The Foundation said a proxy test involving 100,000 wallets issued more than one million payment updates per second. The figure does not describe Solana’s base-layer throughput: the payment updates are aggregated, and only final settlements reach the chain.
The price connection is indirect, but sustained adoption could matter for SOL’s economics. Each final settlement on Solana requires transaction fees paid in SOL, and half of every base fee is burned. If Payment Channels lead to more channel openings, settlements and other onchain activity, they could increase SOL-denominated fee demand while reducing circulating supply through the burn mechanism. That could potentially support the token only if usage becomes large and persistent; the test itself is not evidence of new SOL buying.
SOL now needs to turn $105 into support For the recovery to gain technical credibility, SOL needs a weekly close above $105, followed by a move through $134. That would show that buyers have cleared the first Fibonacci barrier and begun to recover the damaged moving-average structure.
A rejection below $105 would keep SOL under the falling trendline and preserve the broader weekly downtrend. The RSI divergence would still show that sellers lost momentum into June, but buyers would need more evidence before the market could call the move a durable reversal.
This article is for informational purposes only and does not constitute financial advice.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
The Solana logo appears on the screen of a smartphone in Reno, United States, on December 5, 2024. (Photo by Jaque Silva/NurPhoto via Getty Images)
NurPhoto via Getty Images
“After 500 calls in the past few hours we got all the votes in the last few seconds and passed the disinflation proposal by a literal hair,” Mert Mumtaz, the chief executive of Solana infrastructure company Helius, posted to his 2.2 million followers on Friday, August 28. SOL changed hands at $101.73 on Friday, September 4, down 3.4% on the day.
The validator and data publication Solana Compass posted “SGP-0002: 67.001%. Bar: 66.667%. Margin: 0.334 pts,” as the count closed, with 176.29 million SOL voting for and 66.19 million against. “With 70 min left, it was losing by 58M $SOL. @mert made 500+ calls. Kraken reversed. JitoSOL overrode validators,” the same post said, putting turnout at 60.7% of eligible stake across 1,326 validators.
Lark Davis, a New Zealand-based commentator posted to his 1.5 million followers that Kraken had voted against mid-count “nearly sinking it before flipping at the last minute”, after the exchange moved roughly 8.9 million SOL against the proposal with under three hours left, and swung about 8.1 million back behind it in the final hour. “Less dilution for holders, lower staking rewards for validators. Not everyone’s happy, but the vote is done,” Davis wrote.
Trading Yield, Not Prices
MacBrennan Peet, the founder of Project 0, said on the On The Margin podcast: “when I think about trading, I think primarily about trading yield, not trading prices,”. Describing the delta-neutral yield hunt that sets the price of capital across chains. “So not necessarily taking directional exposure on something going 10x, but seeing a difference in spreads across market and taking advantage of that,” he said.
“Perhaps you want Bitcoin exposure. You’ve chosen that you want to be long Bitcoin. And now that you have the Bitcoin asset, you want to maximize your yield on it,” Peet said of the same hunt one asset over, describing the alternative as fragmented: “multiple fragmented accounts that also have no idea of your risk exposure across different venues.” According to Solana Company’s published figures, SOL holders are now maximizing on 4.34% in year one against 5.84% on the old schedule, 3.00% in year two and 2.25% in year three, assuming 68% of SOL stays staked.
“It’s math. It’s just a hard asset,” said the co-founder of bitcoin custody firm Onramp, Michael Tanguma. Making the case that scarcity is the only durable defense against a shrinking share. “Everyone gets diluted unless they import a harder form of money,” he said, and “now you’ve got to understand that there’s no real choices.”
Reopening The Settled, Deterministic Schedule
The Company’s objection is not to “lower issuance as an end state, but rather to reopening the settled, deterministic schedule,” Solana Company said on August 21, voting against SGP-0002 “on grounds of timing, not intent.” Staking on the Nasdaq-listed treasury vehicle’s own SOL produced $2.512 million of its $2.526 million in revenue in the quarter ended June 30, or 99.4%.
The proposal’s authors, the Helius engineers Lostin and 0xIchigo, who put the saving at about 18.9 million SOL over six years, wrote “41% of validators already opting for a 0% commission on emissions” will barely register the change.
Nothing Changes For Your Stake Today
“Nothing changes for your stake today. SGP-0002 is a governance mandate rather than a live protocol change yet,” wrote Andre Caldeira of the staking provider P2P.org. The cut lands only once SIMD-0550 is “accepted and activated through the normal Solana feature-gate process.”
The platform Nexo told its 279,000 followers on Wednesday that Solana’s validators voted through a “permanent cut to future token issuance,” listing it among the signals that “held up underneath” a soft week. It is the trade other networks have already run, and SOL sits far below the $250 level traders were modeling in the spring.
“SOL $1,000,” Mumtaz wrote to close the victory post, above a line of thanks: “THANK YOU TO EVERYONE WHO WAS OPEN TO CHANGING THEIR MIND”.
The Solana logo appears on the screen of a smartphone in Reno, United States, on December 5, 2024. (Photo by Jaque Silva/NurPhoto via Getty Images)
NurPhoto via Getty Images
“After 500 calls in the past few hours we got all the votes in the last few seconds and passed the disinflation proposal by a literal hair,” Mert Mumtaz, the chief executive of Solana infrastructure company Helius, posted to his 2.2 million followers on Friday, August 28. SOL changed hands at $101.73 on Friday, September 4, down 3.4% on the day.
The validator and data publication Solana Compass posted “SGP-0002: 67.001%. Bar: 66.667%. Margin: 0.334 pts,” as the count closed, with 176.29 million SOL voting for and 66.19 million against. “With 70 min left, it was losing by 58M $SOL. @mert made 500+ calls. Kraken reversed. JitoSOL overrode validators,” the same post said, putting turnout at 60.7% of eligible stake across 1,326 validators.
Lark Davis, a New Zealand-based commentator posted to his 1.5 million followers that Kraken had voted against mid-count “nearly sinking it before flipping at the last minute”, after the exchange moved roughly 8.9 million SOL against the proposal with under three hours left, and swung about 8.1 million back behind it in the final hour. “Less dilution for holders, lower staking rewards for validators. Not everyone’s happy, but the vote is done,” Davis wrote.
Trading Yield, Not Prices
MacBrennan Peet, the founder of Project 0, said on the On The Margin podcast: “when I think about trading, I think primarily about trading yield, not trading prices,”. Describing the delta-neutral yield hunt that sets the price of capital across chains. “So not necessarily taking directional exposure on something going 10x, but seeing a difference in spreads across market and taking advantage of that,” he said.
“Perhaps you want Bitcoin exposure. You’ve chosen that you want to be long Bitcoin. And now that you have the Bitcoin asset, you want to maximize your yield on it,” Peet said of the same hunt one asset over, describing the alternative as fragmented: “multiple fragmented accounts that also have no idea of your risk exposure across different venues.” According to Solana Company’s published figures, SOL holders are now maximizing on 4.34% in year one against 5.84% on the old schedule, 3.00% in year two and 2.25% in year three, assuming 68% of SOL stays staked.
“It’s math. It’s just a hard asset,” said the co-founder of bitcoin custody firm Onramp, Michael Tanguma. Making the case that scarcity is the only durable defense against a shrinking share. “Everyone gets diluted unless they import a harder form of money,” he said, and “now you’ve got to understand that there’s no real choices.”
Reopening The Settled, Deterministic Schedule
The Company’s objection is not to “lower issuance as an end state, but rather to reopening the settled, deterministic schedule,” Solana Company said on August 21, voting against SGP-0002 “on grounds of timing, not intent.” Staking on the Nasdaq-listed treasury vehicle’s own SOL produced $2.512 million of its $2.526 million in revenue in the quarter ended June 30, or 99.4%.
The proposal’s authors, the Helius engineers Lostin and 0xIchigo, who put the saving at about 18.9 million SOL over six years, wrote “41% of validators already opting for a 0% commission on emissions” will barely register the change.
Nothing Changes For Your Stake Today
“Nothing changes for your stake today. SGP-0002 is a governance mandate rather than a live protocol change yet,” wrote Andre Caldeira of the staking provider P2P.org. The cut lands only once SIMD-0550 is “accepted and activated through the normal Solana feature-gate process.”
The platform Nexo told its 279,000 followers on Wednesday that Solana’s validators voted through a “permanent cut to future token issuance,” listing it among the signals that “held up underneath” a soft week. It is the trade other networks have already run, and SOL sits far below the $250 level traders were modeling in the spring.
“SOL $1,000,” Mumtaz wrote to close the victory post, above a line of thanks: “THANK YOU TO EVERYONE WHO WAS OPEN TO CHANGING THEIR MIND”.
Kamino Finance has opened a new borrowing market on Solana that accepts ZEC, the bridged version of Zcash’s native token, as collateral. Users can now post ZEC to borrow USDC, or dial up their exposure using Kamino’s Multiply product, which loops positions to create leverage without requiring a centralized exchange.
How it works and why Kamino built it this way Kamino routes ZEC through cross-chain bridge infrastructure, specifically NEAR Intents and OmniBridge, to bring the asset onto Solana in a form the protocol can price and custody. ZEC first became tradable on Kamino Swap, the protocol’s aggregator, in late October 2025, so this lending launch is a logical next step rather than a sudden pivot.
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The ZEC market sits inside Kamino’s isolated lending architecture, where ZEC collateral risk is contained in its own pool rather than mingling with the protocol’s main liquidity. That structure lets Kamino set custom loan-to-value ratios and liquidation thresholds tuned specifically to ZEC’s volatility profile, without exposing core markets to spillover risk if ZEC experiences a sharp drawdown.
The Multiply feature automates the loop of borrowing USDC, swapping it back into ZEC, and redepositing in a single transaction. The result is amplified ZEC exposure funded by borrowed stablecoins.
Part of a bigger pattern at Kamino The most recent comparable move was the introduction of a PAXG market on or around July 27, 2026. PAXG represents tokenized gold, so Kamino effectively allowed users to borrow USDC against a digital representation of physical gold bars. ZEC follows the same template, just with a privacy-focused cryptocurrency rather than a precious metal.
What this means for ZEC and privacy-asset DeFi Zcash’s shielded transaction capability uses zero-knowledge proofs, but regulatory pressure around privacy coins has kept many centralized venues at arm’s length, and DeFi integration has lagged behind mainstream assets by years.
Kamino’s overall lending platform handles billions in aggregate market size across its various pools, though specific figures for the ZEC market have not yet been disclosed. No expert commentary or specific TVL data has surfaced regarding the ZEC market to date.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
DeFi Development Corp. (NASDAQ: DFDV), the firm that has built its balance sheet around accumulating Solana, has outlined plans for a new preferred-stock raise aimed at expanding that treasury. The company said it intends to offer up to $20 million of Variable Rate Series C Perpetual Preferred Stock, marketed under the nickname CHAD Stock, in a registered public offering.
The securities would carry a $10 stated amount per share and begin with an annual dividend rate of 13 percent, paid on a daily basis when declared.
The first regular payment is scheduled for October 1, 2026. Because the stock is perpetual, it has no maturity date.
The underwriter would also receive a 30-day option to buy an additional 15 percent of the shares. R.F. Lafferty & Co. is serving as sole book-running manager.
Completion remains subject to market conditions, and the company cautioned that size and final terms could still change.
Management said net proceeds would go toward general corporate purposes.
That list includes working capital, purchases of additional SOL, other digital-asset investments, strategic deals, and growth projects.
In other words, the raise is designed to keep DFDV’s core strategy moving: convert newly raised capital into more Solana and related exposures rather than rely solely on common-stock issuance.
At closing, the company plans to set aside a dividend reserve equal to the first 12 months of payments at the initial 13 percent rate, funded with cash, financial instruments, or digital assets.
The timing fits a broader pattern. DFDV has repeatedly used equity programs, convertible notes, and at-the-market facilities to scale its SOL holdings while tracking a metric it calls SOL per share.
Last week it reported that it had resumed buying Solana, adding roughly 19,000 SOL at an average price of about $98.
Earlier communications have described preferred equity as a cleaner form of leverage than convertible debt, because distributions can theoretically be supported by staking yield, validator income, and other on-chain activity rather than by issuing more common shares.
The new variable-rate series is the latest attempt to put that idea into practice.
For investors, the instrument sits between ordinary equity and senior debt.
Holders would rank ahead of common stockholders for dividends and in a liquidation, but the coupon can be adjusted after the first period at the board’s discretion, and payments still depend on legally available funds.
The company has applied to list the shares on Nasdaq under the ticker CHAD.
Whether a liquid market develops after listing is another open question.
The proposal also reflects how digital-asset treasury companies have evolved.
Instead of treating crypto simply as an unproductive reserve, DFDV presents Solana as an asset that can appreciate and generate yield. Preferred stock, in that framing, becomes a way to add leverage without the forced-sale risk of margin loans.
Critics will note the usual caveats: SOL prices remain volatile, dividend coverage is not guaranteed, and any new senior claim sits ahead of existing common shareholders.
Still, the announcement is consistent with DFDV’s stated goal of compounding Solana exposure per share over a multi-year horizon. If the offering closes near the proposed size, it would give the company another modest but targeted pool of capital to deploy into the same asset that already dominates its treasury.
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Solana went from controlling nearly three-quarters of on-chain tokenized equity trading to holding less than a third. The culprit? Memecoins dressed up in stock-market clothing on competing chains.
Over a two-week stretch ending around August 27, 2026, Solana’s daily share of global tokenized stock volume collapsed from 71% to 30%, according to Blockworks. The decline wasn’t driven by anything breaking on Solana itself. Instead, rival EVM-compatible chains, specifically BNB Chain and a new Robinhood-branded chain, introduced hybrid trading mechanics that paired memecoins with tokenized real-world assets, pulling speculative capital away from Solana at a remarkable clip.
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How meme/stock pairings rewired the market Rather than simply listing tokenized versions of stocks the way Solana’s xStocks protocol does, BNB Chain and Robinhood Chain created trading pairs that bundle a memecoin with a tokenized equity. On BNB Chain, a meme/stock pair called $牛来 reached a peak market cap of $77 million. On Robinhood Chain, a pair branded $AI hit $67 million.
The design also forces users to bridge assets onto the host chain in order to participate. That bridging activity inflates transaction volumes, which in turn makes the chains look more active, which attracts more traders.
The contrast with Solana’s earlier dominance is stark. During Q2 2026, and particularly around a wave of SpaceX-related tokenized equity activity in June, Solana captured between 95% and 97% of all on-chain tokenized equity spot trading volume.
Solana’s absolute numbers tell a different story The network has processed over $9.5 billion in cumulative tokenized stock volume since the xStocks protocol launched in July 2025. It has 288,000 unique holders. And it has generated $56 million in equity-backed lending pools as of late August 2026.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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Whale Tracking: Two SKHX long traders that entered the market yesterday began taking profits, totaling $1.2 million in gains.
According to TradingBeats monitoring, as of press time, the two whales that together bought $17.808 million worth of SKHX yesterday have all turned a profit. The address starting with 0xc8b5 fully took profits after adding to its position, while the address starting with 0x519c continued adding to its position this morning. The 0xc8b5 address bought SKHX at an average price of $1,310.92 at 12:00 yesterday, completing an initial position build of around $13.096 million. It then added to its holdings, and by last night had accumulated 12,858.87 SKHX tokens, bringing its total position to roughly $16.9 million with an average entry price of $1,314.26. At 8:18 this morning, the address began taking profits in batches, and fully closed out its position at 10:12, selling at an average price of $1,377.96. From initial entry to full exit, the trade took approximately 22 hours, generating a profit of around $819,100. The other whale address, 0x519c, bought SKHX at $1,292.70 yesterday for around $4.712 million. At 7:00 this morning, it added to its position at $1,323.73, investing an additional $1.109 million. Currently, 0x519c still holds 4,483.04 long SKHX contracts, with an average entry price of $1,298.50, position value of around $6.203 million, and unrealized profit of roughly $382,000 (+38%). Prior update: Two new large orders for SKHX today, with whales totaling $17.8 million in long positions. Addresses: 0xc8b527864ef2ad6dc49de7e99943a3a76ad488910x519c721de735f7c9e6146d167852e60d60496a47
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Well-known trader: Bitcoin could break through $126,000 and set a new all-time high in November 2027
Well-known trader Killa noted in a post that the time Bitcoin takes to reach new all-time highs (ATHs) in each cycle is shortening. If simply referencing the previous cycle that began in 2022, BTC would hit its ATH no later than February 2028. However, Killa argues this cycle is progressing faster: Bitcoin’s bottoming period is roughly 3 to 4 months earlier than the prior cycle, so the timing of a new ATH may also shift forward accordingly. Based on the observation that cycles are continuing to shorten, he projects BTC will set a new ATH by the end of Q4 2027, and climb above $126,000 in November 2027.
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Meme Coin CME on Robinhood Chain Surges Past $8 Million in Market Cap
According to GMGN market data, the meme coin CME on Robinhood Chain briefly exceeded $8 million in market capitalization within two hours of its launch, and is now trading at $6.24 million with a trading volume of $5.9 million. The token is positioned as a meme coin related to the commodity market exchange platform on Robinhood Chain, with its core narrative focused on bringing real-world commodities such as corn, oil, and gold onto the blockchain for trading. BlockBeats reminds users that prices of such tokens are highly volatile, and they should exercise caution when investing.
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Anthropic abandons $6 billion acquisition of AI startup Decart
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Uniswap founder Hayden Adams published a statement noting that UNI’s 7-day annualized burn amount has exceeded $250 million. Data shows that, calculated based on daily closing prices, the annualized amount corresponding to UNI’s 7-day burn rate is currently around $263 million. The figure is an annualized projection derived from the past seven days’ burn volume, not the actual value of UNI that has been burned.
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Astra is burning through quota excessively fast, leading OpenAI to reset quotas for all paid users once again.
Beating AI Express Flash: OpenAI has uniformly reset usage quotas for all paid subscribers. Core product lead Tibo Sottiaux stated the move aims to allow users who have exhausted their quotas to continue running GPT-6 Astra. Since Astra’s launch, the community has been complaining about overly fast quota consumption. Some Plus users claimed Astra uses up their entire weekly quota in roughly half an hour, while others reported hitting a 5-hour limit on a single task. Sottiaux had just the prior day reduced quota consumption for heavy-use scenarios to approximately 1/3 to 1/4 of its original level, and has now rolled out a global quota reset.
