The Cardano Foundation has spun out digital identity firm Veridian and tokenised its shares on Cardano ($ADA) using the CIP-0113 programmable token standard.
The Cardano Foundation has launched Veridian, its digital identity spin-out, and tokenised shares in the new company on Cardano ($ADA). The announcement, made by @Cardano_CF on October 8, makes Veridian an independent commercial business and the first to use the network's programmable token standard, CIP-0113.
What Veridian does, according to crypto.news. The project had been in development for three years before the spin-out. , CoinDesk reported.
The company's mobile wallet is already live. CoinDesk reported that Veridian develops credentials that help people, businesses and AI agents verify identities and authority. According to crypto.news, the company says it has mapped all 142 requirements in Utah's state-endorsed digital identity implementation guide, and it plans to seek strategic partners and investors in 2027, including for expansion in the United States.
How the shares were tokenisedVeridian's shares have been issued as ledger-based securities under Switzerland's DLT Act, crypto.news reported. The Foundation describes them as the first asset deployed on Cardano using CIP-0113.
Frederik Gregaard, the Cardano Foundation's CEO and Veridian's chair, told CoinDesk that most of the company's 1 million shares have been tokenised. CoinDesk noted that the tokenised shares are not being offered to the public.
CIP-0113 went live on Cardano mainnet on October 7, one day before the spin-out. CoinMarketCap Academy reported that the Foundation said the standard went live after multiple independent security audits. It lets issuers of stablecoins, tokenised funds and bonds build compliance controls into tokens, including KYC checks, sanctions screening, transfer limits and freeze-and-seize functions. CoinDesk said these features are designed to help issuers meet regulatory requirements.
Mainnet availability does not by itself show adoption. As TradingView News noted, the standard's relevance to $ADA depends on issuers choosing to build with it. Veridian is the first live example, but it is a Foundation-linked company, and its shares are not publicly tradable.
Sources:
CoinDesk: Cardano Foundation spins out Veridian, tokenizes its shares on new standard
crypto.news: Cardano Foundation spins out digital identity firm Veridian
CoinMarketCap Academy: Cardano rolls out token standard letting issuers freeze, seize assets
TRON settled $2.21 trillion in stablecoins in the third quarter.
The figure comes from TRON DAO’s State of TRON Q3 2026 report, published on October 12, 2026. It covers the July to September quarter.
The numbers behind the quarter
The report puts the exact stablecoin settlement figure at $2.2126 trillion. That is a 5.1% quarter-over-quarter increase from $2.106 trillion in Q2.
Spread across the quarter, average daily settlement reached $24.05 billion, up 3.9% from the prior period.
Supply grew too. The combined supply of USDT and USDD on TRON reached $93.88 billion, up 5.5% quarter-over-quarter and 14.9% year-over-year.
By mid-October, stablecoin supply on TRON had climbed to around $95.3 billion.
There was also a milestone along the way. Cumulative transaction volume on TRON passed $30 trillion as of September 23, 2026.
More users, more transactions, slightly lower fees
TRON processed approximately 1.1 billion transactions in Q3, a 33.7% jump year-over-year.
Average monthly active addresses rose 9.8% to 18 million.
Total value locked across the TRON ecosystem, including staking, stood at $28.21 billion.
Network fees for the quarter totaled $701.4 million. That marks a 4% decline from Q2.
TRON leads stablecoin card spending
TRON processed around $998 million in stablecoin card transaction volume during Q3. That works out to 23.2% of the $4.31 billion total across all networks, the largest share of any chain according to the report.
The ETF piece
On September 9, Canary Capital launched the Canary Staked TRX ETF, referenced in the research as the TRXS ETF. The product gives investors exposure to staked TRX through an exchange-traded wrapper.
The TRON DAO report pointed to new integrations and services, including the ETF launch, as part of the network’s continued growth during the quarter.
Background: TRON’s role in the stablecoin economy
TRON has long been one of the main homes for USDT, the largest dollar stablecoin. USDD, the other stablecoin counted in the report’s supply figure, is part of the TRON ecosystem. Combined with USDT, it brought supply to the $93.88 billion level at quarter end.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
The new crypto Pepeto has announced it passed 44,000 holders, and most of them bought while the crypto market was low and people were afraid. Why? Because the big players who control crypto follow one rule they never say out loud: buy a coin before it lists, and buy when the crowd is scared. Then they tell everyone else to buy big coins. This article shows the game live: a crypto presale whales are quietly filling, fresh Trump news lifting the market, and a BNB price prediction that explains the timing.
BNB is here for one reason. This new crypto and BNB are both exchange tokens, the model that made BNB's first buyers millionaires. First the BNB price chart, then why it matters now.
New Crypto Pepeto Leads Every Presale as the BNB Price Prediction Reaches for $3,000
The announcement puts Pepeto ahead of every crypto presale in 2026, 44,000 holders and rising. It is an exchange token: a trading platform runs on the coin, so every trade needs it. BNB proves the model works. The BNB price today is $748.53 per TokenPost, up from $583 in August, with another boost on October 9 when President Trump said the U.S. would not attack Iran before the midterms. The market calmed, Bitcoin climbed back to $82,600, and traders betting on a drop got wiped out per CoinDesk.
Our BNB price prediction for this cycle is $3,000. The BNB price just cleared its summer range, and only two big levels remain, $857.96 and $1,000.73 per CoinGabbar. One trader on X called BNB "one breakout away from a parabolic move" with $3,000 as the target, and we agree, because once the BNB price passes $1,000, far more people buy.
But what does $3,000 mean for a normal investor? From $748, that is about 4x. Put in $5,000, get $20,000. Good, not life-changing. And that is the trick. Big players need millions of buyers to push big coins up, so the news keeps telling you BNB is the move, while 4x is all it can pay you.
Now look at how the first BNB buyers really got rich. They bought in 2017 at about $0.10, and by 2021 the BNB price hit $793, so $1,000 grew to nearly $8 million. BNB is worth about $100 billion today, so a price that small can never return, whatever any BNB price prediction says. The lesson is simple: insiders got rich buying early, and the crowd got the 4x later.
Inside the New Crypto Pepeto Presale as the BNB Price Prediction Builds the Case
So where is the next BNB at $0.10? Ask anyone in crypto and one name comes up: Pepeto. Pepeto is a new crypto still waiting for its first listing, and it sits here because it works like BNB, a coin with its own exchange, with one big extra: it is also a meme coin, still cheap enough to buy before any exchange carries it. That is why the excitement is so loud. More than 41,000 people have bought in, most while the market was down, and on-chain data shows whales among them, the same big players who tell the public to buy BNB. They know the biggest wins come from presales, and they are not waiting.
The meme coin part is the exciting one. Meme coins are the only crypto that keeps giving 100x returns, and PEPE is the newest proof: it launched in April 2023 with no product, and within weeks early buyers were up over 100x as it hit an $11 billion market cap, carried by nothing but a crowd that kept talking. Pepeto already has that crowd: crypto news sites cover it weekly, Telegram, X, and Reddit talk about it daily, and copy tokens steal its name.
The numbers show how big this new crypto gets. Pepeto's supply is 420 trillion tokens, and presale buyers get 30%. A $300 million market cap alone means close to 50x from today, and a run to PEPE's peak takes Pepeto far past 100x.
Final Word o
The answer is clear. The big players want you in big coins because your money pushes their price up, and even a bold $3,000 BNB price prediction pays you only 4x for the favor. Meanwhile they buy early, like those who made real money on BNB at $0.10. Big money in crypto was never made by buying what the news tells you to buy. It was made by buying what the whales buy, before the crowd hears about it.
Finding that early buy before the listing was always the hard part in crypto, and few presales give this much proof so early. A new crypto presale right before a Binance listing is the setup most investors hunt for all cycle and never find. That new crypto chance is still open on the official Pepeto website, but the space between presale and listing price shrinks daily.
For more information about Pepeto (PEPETO): Website: Official Pepeto Website
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.
Institutions apparently wanted to borrow against their Bitcoin without selling it. They wanted it badly enough to drain nearly every spare dollar from the pool built for the job.
About 97.4% of the USDC supplied to the main cirBTC/USDC market on Morpho is now borrowed. When Circle Mint opened access on Sept. 21, that figure was 8.1%. Three weeks later, the room is almost full.
From quiet launch to near capacity As of Oct. 13, 2026, the flagship cirBTC/USDC market on Circle’s Arc Layer-1 held $195 million in supplied USDC. Of that, $190 million had been borrowed.
Circle launched cirBTC on Sept. 21 as a token backed 1:1 by Bitcoin. It is built for a product Circle calls Digital Asset-Backed Borrowing, or DABB.
Eligible institutional Circle Mint customers can post cirBTC as collateral. They can then borrow USDC that lands directly in their Mint balances. The lending runs through Morpho markets on both Arc and Ethereum.
Collateral is not the constraint. More than $304 million in cirBTC currently backs these borrowing operations. The bottleneck is the dollars on the other side of the table.
The squeeze is not limited to the headline market either. Smaller individual cirBTC/USDC markets on Arc have also reported utilization close to 100%.
Who does what in this arrangement Circle has been careful to keep itself out of the lending business. It does not underwrite loans and does not lend in this structure.
Its role is custodial, handled through Circle National Trust. Proof of reserves is published onchain using Chainlink, so anyone can check that the Bitcoin behind cirBTC actually exists.
Morpho sets and manages the market parameters. That includes a liquidation loan-to-value ratio, or LLTV, of 86%.
Borrowing costs have stayed modest. Variable rates in the market sit at roughly 2.8% to 2.9% APY, with the current borrow rate near 2.89%.
Circle also widened the menu in early October. An integration with Aave gave institutional clients a second venue for borrowing against cirBTC.
Why the 8.1% to 97.4% jump matters Utilization measures how much of a lending pool is actually out the door. The move from 8.1% to 97.4% in about three weeks tells you demand ran far ahead of supply. Borrowers showed up faster than lenders did.
For borrowers, the product works, the rate is cheap, and the plumbing into Circle Mint seems to function as advertised. But with roughly $5 million of headroom in the main market, the next large borrower may find the cupboard nearly bare.
What this means for institutional Bitcoin and DeFi These are institutional Circle Mint clients, not anonymous wallets. They are tapping a DeFi protocol to do it.
Circle stays a custodian and stablecoin issuer. Morpho runs the risk engine. Chainlink verifies the reserves.
For Circle, the product gives Bitcoin holders a reason to bring assets into its ecosystem and creates fresh demand for USDC itself. Every dollar borrowed in these markets is a dollar of USDC in circulation.
It also gives Arc, Circle’s own Layer-1, a concrete use case early in its life. The main market and the smaller near-full markets are all on Arc.
The risks are the usual ones, magnified by concentration. An 86% LLTV leaves room, but a sharp Bitcoin drawdown could push some positions toward liquidation. In a market where almost all the cash is already lent out, liquidations and withdrawals arriving together would stress the system in ways a half-empty pool would not feel.
Disclosure: This article was edited by Estefano Gomez. 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.
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.
Billionaire Paul says he will short U.S. stocks for the full year and holds long positions in oil.
Billionaire and legendary hedge fund manager Paul Tudor Jones told CNBC that 2027 could be a highly challenging year for U.S. stocks, with the market facing its most unfavorable capital flow environment since 2002. He noted that the corporate buyback and M&A trends that have supported U.S. equity gains in recent years may reverse, while AI giants’ IPOs and subsequent secondary offerings will further expand stock supply. Jones highlighted that potential listings of AI firms like OpenAI and Anthropic, plus financing needs for AI infrastructure development, could drive more corporate stock issuances. Comparing the current market to the eve of the dot-com bubble burst, he argued that a flurry of IPOs and stock lock-up expirations may exert sustained pressure on the market. Additionally, Jones warned that the U.S.’s widening fiscal deficit could eventually force the government to adjust fiscal policies amid market pressure; a $20–$25 oil price surge after the U.S. midterm elections would also likely hit stocks sharply. He said he holds long oil positions and bluntly stated: “I will be shorting the whole year.”
7 minutes ago
Binance will support the IoTeX (IOTX) network upgrade and hard fork.
Per an official announcement, Binance plans to suspend IoTeX (IOTX) token deposit and withdrawal services at 09:00 UTC+8 (China Standard Time) on October 19, 2026, to facilitate the network upgrade and hard fork. The measure is designed to deliver a seamless experience for users. The project team will execute the network upgrade and hard fork at block height 53,533,081, scheduled for approximately 10:00 UTC+8 on October 19, 2026.
7 minutes ago
Metric will launch a decentralized exchange (DEX) for tokenized real-world assets (RWA) on the Robinhood Chain.
Metric announced it will launch a decentralized exchange on Robinhood Chain, utilizing Active Pools and propAMM infrastructure, targeting tokenized real-world assets (RWA) with established market pricing.
7 minutes ago
A low-cost HYPE whale has cumulatively sold off tokens worth $22.49 million at a high point, generating returns exceeding 2119%.
According to on-chain analyst Ai Yi (@ai_9684xtpa), smart money holding HYPE with a cost base as low as $3.87 has been selling the token from $93 to $81, locking in an estimated profit of $21.48 million. Two hours ago, the entity deposited another 100,276 HYPE tokens (valued at approximately $8.17 million) to Kraken. Since September 28, the total amount of HYPE it has transferred to centralized exchanges (CEXs) now stands at 261,926.4 tokens, with a total value of $22.49 million. The average deposit price is $85.87, delivering a return of over 2119%.
7 minutes ago
U.S. overall inflation in September likely to see its largest increase in five months, putting October's interest rate hike expectations to the test.
Latest market projections show U.S. September headline CPI is expected to rise 0.6% month-over-month, up from August’s 0.4% and potentially marking its largest monthly gain in five months. The year-over-year CPI increase is forecast to climb from 3.4% to 3.6%. Driven by Middle East tensions and oil prices, rising energy costs are likely the main catalyst for accelerating inflation. For core CPI, markets expect a 0.2% month-over-month rise and 2.5% year-over-year gain, with the monthly pace slowing from the prior period. Goldman Sachs projects September energy prices to rise around 5% month-over-month, while housing inflation continues to cool. The divergence between headline and core inflation trends may complicate the Federal Reserve’s policy judgments. Fed officials remain divided on their next policy move. Cleveland Fed President Loretta Mester believes inflationary pressures are spreading to more sectors and is open to a rate hike at the end of October; Governor Christopher Waller, however, has said there is no need for consecutive rate hikes at two back-to-back meetings. Markets will closely watch whether this data will shift expectations for the interest rate path in October and December. U.S. September CPI will be released at 20:30 tonight, September PPI will be released on Thursday, and Fed Chair Jerome Powell is scheduled to speak on Friday. If CPI comes in higher than expected, it may reinforce expectations of further policy tightening; if core inflation slows, it may support the Fed pausing rate hikes.
7 minutes ago
Whale Rotates $89.5M from $BTC to $ETH Over 3 Days
This mysterious whale continues to rotate from $BTC into $ETH.
Over the past 3 days, the whale has sold 1,074.36 $BTC ($89.5M) and bought 36,159 $ETH ($90.6M).
According to EmberCN’s monitoring, over the past 24 hours, a whale or institutional entity that has been consistently selling BTC and buying ETH recently sold an additional 236.6 BTC, converting the proceeds into 19.71 million USDC to purchase 7,845 ETH. Over the past three days, this address has sold a total of 1,074.3 BTC, converting it to 89.39 million USDC, then used the funds to acquire 35,346 ETH at an average purchase price of roughly $2,529.
Billionaire Paul says he will short U.S. stocks for the full year and holds long positions in oil.
Billionaire and legendary hedge fund manager Paul Tudor Jones told CNBC that 2027 could be a highly challenging year for U.S. stocks, with the market facing its most unfavorable capital flow environment since 2002. He noted that the corporate buyback and M&A trends that have supported U.S. equity gains in recent years may reverse, while AI giants’ IPOs and subsequent secondary offerings will further expand stock supply. Jones highlighted that potential listings of AI firms like OpenAI and Anthropic, plus financing needs for AI infrastructure development, could drive more corporate stock issuances. Comparing the current market to the eve of the dot-com bubble burst, he argued that a flurry of IPOs and stock lock-up expirations may exert sustained pressure on the market. Additionally, Jones warned that the U.S.’s widening fiscal deficit could eventually force the government to adjust fiscal policies amid market pressure; a $20–$25 oil price surge after the U.S. midterm elections would also likely hit stocks sharply. He said he holds long oil positions and bluntly stated: “I will be shorting the whole year.”
7 minutes ago
Binance will support the IoTeX (IOTX) network upgrade and hard fork.
Per an official announcement, Binance plans to suspend IoTeX (IOTX) token deposit and withdrawal services at 09:00 UTC+8 (China Standard Time) on October 19, 2026, to facilitate the network upgrade and hard fork. The measure is designed to deliver a seamless experience for users. The project team will execute the network upgrade and hard fork at block height 53,533,081, scheduled for approximately 10:00 UTC+8 on October 19, 2026.
7 minutes ago
Metric will launch a decentralized exchange (DEX) for tokenized real-world assets (RWA) on the Robinhood Chain.
Metric announced it will launch a decentralized exchange on Robinhood Chain, utilizing Active Pools and propAMM infrastructure, targeting tokenized real-world assets (RWA) with established market pricing.
7 minutes ago
A low-cost HYPE whale has cumulatively sold off tokens worth $22.49 million at a high point, generating returns exceeding 2119%.
According to on-chain analyst Ai Yi (@ai_9684xtpa), smart money holding HYPE with a cost base as low as $3.87 has been selling the token from $93 to $81, locking in an estimated profit of $21.48 million. Two hours ago, the entity deposited another 100,276 HYPE tokens (valued at approximately $8.17 million) to Kraken. Since September 28, the total amount of HYPE it has transferred to centralized exchanges (CEXs) now stands at 261,926.4 tokens, with a total value of $22.49 million. The average deposit price is $85.87, delivering a return of over 2119%.
7 minutes ago
U.S. overall inflation in September likely to see its largest increase in five months, putting October's interest rate hike expectations to the test.
Latest market projections show U.S. September headline CPI is expected to rise 0.6% month-over-month, up from August’s 0.4% and potentially marking its largest monthly gain in five months. The year-over-year CPI increase is forecast to climb from 3.4% to 3.6%. Driven by Middle East tensions and oil prices, rising energy costs are likely the main catalyst for accelerating inflation. For core CPI, markets expect a 0.2% month-over-month rise and 2.5% year-over-year gain, with the monthly pace slowing from the prior period. Goldman Sachs projects September energy prices to rise around 5% month-over-month, while housing inflation continues to cool. The divergence between headline and core inflation trends may complicate the Federal Reserve’s policy judgments. Fed officials remain divided on their next policy move. Cleveland Fed President Loretta Mester believes inflationary pressures are spreading to more sectors and is open to a rate hike at the end of October; Governor Christopher Waller, however, has said there is no need for consecutive rate hikes at two back-to-back meetings. Markets will closely watch whether this data will shift expectations for the interest rate path in October and December. U.S. September CPI will be released at 20:30 tonight, September PPI will be released on Thursday, and Fed Chair Jerome Powell is scheduled to speak on Friday. If CPI comes in higher than expected, it may reinforce expectations of further policy tightening; if core inflation slows, it may support the Fed pausing rate hikes.
7 minutes ago
Whale Rotates $89.5M from $BTC to $ETH Over 3 Days
This mysterious whale continues to rotate from $BTC into $ETH.
Over the past 3 days, the whale has sold 1,074.36 $BTC ($89.5M) and bought 36,159 $ETH ($90.6M).
OpenAI is in talks to acquire cybersecurity firm Trail of Bits.
According to a report by The Information, sources familiar with the matter have revealed that OpenAI is in early-stage acquisition negotiations with New York-based crypto cybersecurity firm Trail of Bits to expand its cybersecurity operations. The deal’s value has not been disclosed, and neither party has publicly confirmed the discussions. Founded in 2012, Trail of Bits has around 40 employees, specializing in open-source software vulnerability discovery and remediation. The firm has provided security audits for prominent crypto projects including Uniswap, Aave, and Worldcoin. In June 2026, OpenAI partnered with Trail of Bits to launch the "Patch the Planet" open-source security initiative, which combines OpenAI’s models with Trail of Bits’ expertise to identify hundreds of vulnerabilities and merge dozens of patches. The development remains in early stages, with further updates pending confirmation.
4 minutes ago
Michael Saylor says a new bull market has started, and predicts Bitcoin will return above $100,000.
Strategy co-founder and executive chairman Michael Saylor stated in an interview that Bitcoin has bottomed out and rebounded, and is projected to retake the $100,000 mark. He noted Bitcoin previously hit a low just below $60,000, has now climbed back to the $80,000 range, and is on track for further gains. Saylor attributed the market’s momentum to an improved regulatory landscape and accelerating Bitcoin adoption by banks, which are driving a new bull run. He forecast Bitcoin’s long-term annual return will reach 20% to 30% over the next several years, adding that Strategy may increase its Bitcoin purchases during the bull market and issue more securities to fund these acquisitions. Separately, on MSCI’s consideration of adjusting index rules that could exclude companies whose primary business is asset accumulation from global stock indices, Saylor expressed opposition, warning the move could set an unfavorable precedent for the digital asset sector. MSCI is scheduled to announce its decision this Friday. Last November, JPMorgan estimated that Strategy could face up to $2.8 billion in capital outflows if it were excluded from the indices.
4 minutes ago
OTC whale 0x8c58 exits final 9,996 $ETH for $25M, banking $24.48M profit on 52,001 $ETH position
OTC whale 0x8c58 sold his remaining 9,996 $ETH ($25M) 7 hours ago. This whale bought a total of 52,001 $ETH ($112.4M) at an average price of $2,162 and sold them at an average price of $2,632, making a profit of $24.48M.
4 minutes ago
Binance will adjust the minimum price increment for multiple USDT-margined perpetual contracts tomorrow.
Binance announced that it will adjust the minimum price movement unit (Tick Size) for select USD?-M perpetual contracts at 14:30 Beijing time on October 15. The affected trading pairs include APRUSDT, XPINUSDT, ROBOUSDT, BEATUSDT, RUMUSDT, FLNCUSDT, and CSOPSAMSUNG2LUSDT. The adjustment aims to enhance market liquidity and trading experience. It will not affect normal trading of USDT-margined contracts or existing orders. After the adjustment is completed, the Tick Size returned via API will be updated synchronously; users can check the latest parameters via the /fapi/v1/exchangeInfo endpoint.
4 minutes ago
Rain has launched an embedded stablecoin wallet that supports 12 blockchains and integrates with 175 million merchants worldwide.
Stablecoin payment platform Rain has announced the launch of an embedded stablecoin wallet, allowing partners to integrate the wallet directly into their own applications, with a single integration to access Rain’s services including debit cards, virtual accounts, rewards, fiat on-ramps/off-ramps, and global payments. Rain’s wallet supports 12 blockchains: Arbitrum, Avalanche, Base, BNB Chain, Celo, Ethereum, Monad, Plasma, Optimism, Polygon, Solana, and ZKsync, and can hold stablecoins like USDC and USDT as well as other crypto assets. Users can receive, save, spend, and transfer funds via the same stablecoin balance, and use Rain-issued debit cards to make purchases at 175 million merchant locations worldwide. Currently, non-custodial wallets are available to Rain partners, with users holding their own private keys; custodial wallets and stablecoin balance yield features are expected to launch by the end of 2026. Rain stated that its platform aims to integrate stablecoin holding, payments, and money transfers into a unified application experience.
4 minutes ago
Cerebras CEO pushes back against AI doomsday narratives: The industry should not only focus on risks, but also showcase the technology's potential to the public.
AI chip firm Cerebras Co-founder and CEO Andrew Feldman told attendees at TechCrunch Disrupt 2026 that discussions about technological risks in the AI industry are currently overly pessimistic, and some industry leaders may not need to make such remarks publicly. He argued that the public is overly fixated on the risk of AI going rogue and potentially destroying humanity, while overlooking AI’s transformative potential in sectors like healthcare—for example, it could drastically reduce cancer deaths in the future. Feldman also stressed that powerful technology inevitably carries a risk of misuse by bad actors, so the industry must advance prudently and embrace reasonable regulation. He added that negative public sentiment surrounding AI data center construction stems partly from the industry’s failure to adequately communicate with local communities over the past few years, particularly in the U.S., where companies should prioritize community engagement. When asked whether gains in AI model efficiency would dampen chip demand, Feldman expressed no concern. He noted that hardware vendors boosting computing efficiency and model developers optimizing models can progress in tandem, ultimately fueling further advancement of AI technology. Cerebras’ clients include OpenAI, Block, Figma, GlaxoSmithKline (GSK), and Lovable.
Apps can embed variable-rate stablecoin lending and crypto-backed loans, while borrowers remain subject to the underlying protocols’ liquidation rules.
Apps can embed variable-rate stablecoin lending and crypto-backed loans, while borrowers remain subject to the underlying protocols’ liquidation rules.
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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.
PancakeSwap (CAKE) burned 529K CAKE ($1.28M) last week against roughly 150K in new emissions, cutting net supply by 379K tokens. Here is where the burns came from.
@PancakeSwap destroyed 529K $CAKE (about $1.28M) over the past week, while new emissions came to roughly 150K tokens. That left the supply of PancakeSwap's native token down by a net 379K CAKE, worth about $912K.
Where the burns came fromThe v2 trading pools drove the biggest share at 270K CAKE, up 24% on the week. Burns from v3 pools fell 24% to 192K CAKE, while the newer Infinity pools added 41.3K CAKE.
The weekly figure is in line with recent readings.
Why CAKE burns more than it mintsThe pattern reflects a deliberate redesign of the token's economics.
Supply limits have since tightened further.
Burns are funded by product usage rather than by treasury sales. That link to trading activity helps explain why burn totals move with volume across the v2, v3 and Infinity pools.
The track record is also long. Weekly numbers still vary, so a single week of net burns says little on its own about the longer trend.
Sources:
Cryptowisser: PancakeSwap burns $1.28M in CAKE as weekly deflation continuesAMBCrypto: PancakeSwap tightens CAKE supply ceiling following tokenomics overhaulTokenomics.com: PancakeSwap tokenomics and CAKE burns
KSD’s platform is being built to connect with Avalanche, Hyperledger Besu and Hyperledger Fabric, with Samsung SDS targeting completion in February 2027.
KSD’s platform is being built to connect with Avalanche, Hyperledger Besu and Hyperledger Fabric, with Samsung SDS targeting completion in February 2027.
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The Korea Securities Depository is building a token platform that connects with Avalanche, Hyperledger Besu and Hyperledger Fabric ahead of South Korea's February 2027 tokenized securities rules.
The Korea Securities Depository (KSD), which keeps official ownership records for Korean stocks and bonds, is building a token platform designed to connect with @avax, Hyperledger Besu and Hyperledger Fabric. A KSD official said Avalanche ($AVAX) was added after requests from several companies, according to Seoul Economic Daily.
Why Avalanche made the listSeoul Economic Daily's report, as summarised by crypto.news, said the KSD official told the publication that several companies had asked for Avalanche support through industry consultations and existing projects. The depository's published distributed-ledger requirements cover all three networks.
Access to the connected ledgers will stay limited to approved institutions such as securities companies and the depository itself. The KSD would take part in the networks directly to oversee total issuance and electronic registration information, crypto.news reported. For securities firms, the multi-network approach means they can choose between several blockchain options when building systems for the new framework.
Hanwha Investment & Securities, part of @Hanwha_Official, has already built a token platform that can run on Avalanche. According to the same report, the brokerage began developing the system with blockchain firm FairSquare Lab in 2025, and it was built to operate across several networks, including Avalanche and Hyperledger Besu, an Ethereum-compatible enterprise blockchain.
Rules take effect February 4, 2027South Korea's tokenized securities rules take effect on February 4, 2027. Amendments to the Electronic Securities Act and the Capital Markets Act will recognise distributed ledgers as infrastructure for issuing and circulating securities.
The Financial Services Commission (FSC) has laid out a phased rollout. The Elec reported that the first phase, starting in February 2027, covers privately placed money market funds and bonds for institutional investors, unlisted shares issued through a trust structure, and publicly offered fractional investment securities. Blockonomi reported that the FSC proposed detailed rules on October 1, 2026, with a public comment period running to November 11.
Inclusion in the KSD's guidelines does not make Avalanche the sole infrastructure for Korea's securities market. The depository is planning support for several ledger technologies, and reports so far do not say that Hanwha's platform has been integrated into the KSD's system.
Sources:
crypto.news: Hanwha taps Avalanche for tokenized securities platform in South KoreaThe Elec: South Korea to Begin Tokenizing Unlisted Stocks, Bonds and Funds in FebruaryBlockonomi: South Korea Proposes Rules for Tokenized Stocks and Bonds Starting 2027
Large-scale accumulation of Uniswap’s UNI token continues despite the broader decline across cryptocurrency markets. Whale wallet 0x1389 increased its UNI holdings by 1.29 million tokens, with purchases valued at about $9.6 million over three days, according to on-chain monitoring service Lookonchain.
Whale Accumulation Intensifies Amid Market WeaknessThe wallet’s activity has drawn attention as UNI’s price trades near $7.40 following a reported breakout above a long-term descending triangle. Rather than reducing exposure in challenging market conditions, this whale continued to buy, including a single transaction for 600,005 UNI worth $4.28 million.
Analysts observed that the purchases coincide with key technical developments. The $7.00 level is considered a support zone, with traders watching if UNI can hold this area and target higher resistance points. While whale accumulation highlights confidence from at least one large holder, it does not confirm broader institutional interest or guarantee UNI’s price will rise.
Activity from this address stands out during a period when other traders have reduced exposure. However, a single wallet’s moves do not ensure price appreciation or indicate overall market sentiment.
Prominent crypto analyst Crypto With Gopal reported that UNI had broken through a descending triangle pattern after months of consolidation. Holding above $7.00 is viewed as critical to validate the breakout. If the momentum holds, price targets of $10 and potentially $14 are being discussed by traders.
A decline below $7.00 could undermine the technical formation and reintroduce the risk of extended consolidation. Trading volume and exchange flows remain important metrics for confirming bullish momentum.
IndicatorCurrent ValueTargets / SupportUNI Price$7.40$7.00 (support) / $10–$14 (targets)Whale Accumulation1.29 million UNIN/AAnalysts emphasize that bullish charts alone are not sufficient; confirmation through rising demand and active participation is crucial for sustained upward movement in UNI. Only a combination of technical and volume-based evidence will strengthen the case for recovery.
Avalanche Payment Volumes Surge with AxiymAvalanche, a leading blockchain platform focused on fast and scalable transactions, reported significantly increased stablecoin payment activity. Payment provider Axiym processed a quarterly record of $529 million in Q3, pushing lifetime stablecoin transactions on Avalanche beyond $2 billion. The past year saw Axiym’s volume climb 4.4 times as businesses adopt stablecoin solutions for settlements and remittances.
Network revenue also increased, crossing $97,348 over seven days as measured by blockchain analytics firm Chainspect, surpassing the $95,000 weekly mark for the first time. This weekly revenue, if sustained, would suggest $5 million in annual network earnings. However, shifting market activity may impact future results.
Stablecoin infrastructure via Axiym has helped Avalanche demonstrate the practical use cases of blockchain technology for corporate payments, but the long-term impact on AVAX price relies on broader adoption and sustained network growth.
Mini dictionary: Axiym is a payment processor specializing in stablecoin transactions, enabling businesses to send and receive blockchain-based payments pegged to fiat currencies such as the US dollar.
MetricCurrent ValuePrevious ValueAxiym Q3 Payments$529 million4.4x less (prior year)Total Avalanche Stablecoin Volume$2 billionN/ANetwork Revenue (weekly)$97,348<$95,000AVAX Price$10.31N/AAVAX Faces Technical Test at $11 ResistanceTechnical analysis by Crypto With Gopal identified a possible double bottom pattern for AVAX, which is trading near $10.31. The $9.70–$9.90 band provides key support, with a move above $11.00 seen as pivotal for a bullish reversal and a target of $12.50.
A double bottom occurs when an asset finds support at the same level twice, forming a “W” shape, and then rises above its resistance to signal a potential trend reversal. If AVAX does not hold above $9.70, however, the likelihood of a bullish move diminishes.
Analysts stress that price targets are projections based on current trends rather than certainties. Continuation of strong payment flows and elevated network revenue will be factors to watch in the coming weeks. Sustained demand and broader network activity will be needed to support higher price levels.
Key technical levels remain in focus for both UNI and AVAX. For UNI, holding the $7.00 support is vital for a potential move toward $10 and beyond. For AVAX, maintaining support above $9.70 and clearing $11.00 are central to any bullish outlook.
Alpenglow, a consensus upgrade first unveiled in May 2025, finally has an activation date, with Solana’s biggest network improvement in history set to go live on October 21st at approximately 14:50 UTC.
What is Alpenglow? What does it change for Solana, and what do I need to do if I hold or stake $SOL?
What is Alpenglow?
Architected by Anza, Alpenglow is a network upgrade designed to replace TowerBFT, the system through which Solana has reached consensus since the chain launched in March 2020. Having completed rehearsal migrations on a community cluster, testnet, and devnet, Alpenglow is scheduled to activate on the Solana mainnet on October 21st.
Alpenglow reimagines how the votes that bring Solana to consensus are processed. Without digging too deep into the technicalities, Alpenglow implementation brings a wealth of critical improvements to the Solana mainnet:
Transaction finality drops from 12.8 seconds to 12ms, an 85x improvement
Voting transactions move off-chain, freeing up block space and reducing validator operating costs
Failure tolerance rises from 33% to 40%, making Solana more resilient against malicious attacks
Perhaps the most eagerly-awaited upgrade history, Solana’s builders and wider community have celebrated the upcoming activation.
While improved transaction finality is a remarkable achievement on its own, Solana’s validator community is thrilled at the prospect of reduced operational costs. Under TowerBFT, validators are required to pay 0.000005 SOL per transaction, or around 1.1 $SOL per day to help the network reach consensus.
Under Alpenglow, these votes are taken off chain. Instead of a per-transaction fee, validators pay 0.8 $SOL per epoch, marking a slight improvement for operators.
I Hold $SOL, What Do You Need to Do?
With Alpenglow expected to go live on mainnet, certain tasks may be required of network contributors like developers and validator operators to ensure a smooth migration.
$SOL Holders and Stakers - No action is required. You do not need to do anything, so ignore any messages from impersonators encouraging you to sign any transactions.
Developers - Alpenglow changes how blocks are produced, streamed, and finalized. For more details, and to confirm whether this may affect your applications, please refer to the migration checklist.
Validator operators - Before epoch 1064, ensure you’re running an agave-based client, on a release built on Agave 4.3. Hold at least 0.8 $SOL in your vote account to pay Alpenglow’s per-epoch fee.
For the 376 validators running Jito BAM, Jito has already communicated that BAM nodes will be temporarily placed into maintenance mode. Jito recommends upgrading to v4.3.0-jito.0 ahead of the migration, but operators should refer to official communications in the lead up to the activation date.
What’s Next for Alpenglow?
Alpenglow activation marks a critical step in a path first laid out publicly in May 2025. After the initial rollout, Anza will continue to work towards future iterations of Alpenglow, which includes replacing Turbine’s multi-layer tree with a single relay hop.
Other future improvements are also slated to reduce the transition time between leaders by starting block production before finalization, and reducing the geographic distance between leaders.
Disclaimer: SolanaFloor is a subsidiary of the Jito Network
Read More on SolanaFloor
Tokenized equities reign supreme on Solana
Solana Reclaims Weekly Dominance in Tokenized Equity Trading
The Alpenglow mainnet upgrade of the Solana blockchain is scheduled for activation on October 21, according to a report by SolanaFloor. This upgrade is expected to significantly improve transaction finality on the network, reducing the time from approximately 12.8 seconds to about 150 milliseconds. The upgrade aims to enhance the system’s resilience and cost efficiency, although it will not alter the existing transaction execution or fee structures. As of October 13, Solana’s market value was observed to be in the range of $107 to $108, reflecting a decline of about 4-5% over the previous 24 hours.
Key Takeaways
The Solana network’s Alpenglow mainnet upgrade is reportedly set for activation on October 21, aiming to enhance transaction speed and network resilience.
Market pricing suggests participants are cautiously optimistic about the upgrade, with potential implications for investor confidence and SOL’s market performance.
Current market probabilities indicate limited expectation for Solana reaching $190 in October, suggesting some market uncertainty ahead of the upgrade.
What to Watch
Observers will be closely monitoring the activation of the Alpenglow upgrade on October 21. A successful implementation without technical issues could bolster confidence in the Solana network, potentially influencing its market value. Market participants will also be attentive to how external factors, such as regulatory developments or broader crypto market movements, might impact Solana’s price trajectory. The probabilities for Solana reaching various price thresholds in October remain a key indicator of market sentiment.
The Solana crypto is once again on investors’ radar as the SOL price has continued to stay near the flatline at around the $108 mark. However, the latest buzz around the crypto is not due to its price movements, but the upcoming Alpenglow upgrade, which is scheduled for October 21.
Blockchain market enthusiasts are eagerly waiting for the upgrade, as it is expected to bring a massive change to the network. So, here we explore the development in detail and see why it matters the most now for Solana crypto.
Solana Alpenglow Upgrade Targets 150ms Finality Solana developer Anza has confirmed that the Alpenglow upgrade will reach mainnet-beta on October 21 at approximately 14:50 UTC. The announcement marks the culmination of 18 months of development focused on improving the blockchain’s consensus mechanism.
Meanwhile, Anza said that the upgrade aims to reduce transaction finality from seconds to approximately 150 milliseconds. SolanaFloor has also highlighted the expected improvement, describing Alpenglow as the network’s most significant consensus upgrade to date.
The targeted finality time represents a major departure from Solana’s existing performance. Current finality reportedly takes around 12.8 seconds, making the proposed improvement approximately 85 times faster.
Source: Anza, X Meanwhile, Alpenglow replaces TowerBFT, the consensus protocol that Solana has used since its launch. Its design combines advances in consensus research with erasure-coded data distribution to accelerate agreement across a geographically distributed network.
The upgrade also introduces Votor, a voting protocol that changes how validators communicate their agreement. Instead of submitting votes as on-chain transactions, validators will exchange messages directly and combine them into certificates.
This approach allows blocks to become final after one or two voting rounds. It also removes voting transactions from the blockchain, potentially freeing valuable blockspace for regular users.
SOL Price in Focus Amid Massive Dump Amid the Solana crypto Alpenglow upgrade buzz, market participants are also keeping close track of the SOL price movements. As of writing, the SOL price was up around 0.3% and exchanged hands at $107.8, while its 24-hour volume rose 52% to $4.07 billion.
However, it’s worth noting that the crypto has lost more than 10.5% over the past seven days amid a broader crypto market selloff. Besides, a Solana treasury firm has sold half of its SOL holdings, weighing on investors’ sentiment.
For context, Lookonchain reported that SkyAI has offloaded 1 million SOL tokens, worth $107 million, recently. On the other hand, the firm still holds another 1 million Solana, which has further sparked discussions about whether the selling pressure will continue to impact the price.
However, a successful rollout of the Alpenglow upgrade could strengthen confidence among developers, application operators, and investors who prioritize network performance. Faster finality may also support new use cases that require near-instant transaction settlement.
Nevertheless, technological progress does not guarantee an immediate SOL price rally. Broader crypto market sentiment, liquidity conditions, Bitcoin’s direction, and actual adoption will continue to influence the token’s performance.
Jupiter’s JUP token has climbed about 51% over the past four weeks. The protocol’s fee revenue has been heading the other way.
That split is the interesting part. The explanation appears to sit in lending, a business Jupiter barely registered in until recently.
The numbers behind the rally Research findings put JUP’s 30-day gain somewhere between 48% and 55%, depending on the measurement window. That leaves the token trading in a range of roughly $0.33 to $0.38 as of October 2026.
The broader crypto market has been soft, with some protocols posting a pullback of around 6% on the week. JUP mostly ignored the weather.
It also ignored Solana. The research describes JUP’s price action as decoupled from SOL, the native token of the blockchain Jupiter runs on.
Jupiter Lend has now passed Kamino Finance to become the largest lending market on Solana. Its active loans and total value locked (TVL) sit between $1.21 billion and $1.41 billion, according to the research. TVL is the total value of assets users have deposited into a protocol, a rough gauge of how much money trusts the platform.
Active loans grew by 14% to 28% over the past month.
Fees tell a different story On the revenue side, the picture is more modest. Jupiter’s recent 30-day protocol fees have been running around $5.5 million.
Compare that with $580 million in fees during 2025, the protocol’s peak. The current monthly pace is a small fraction of last year’s haul.
Jupiter remains the clear leader in aggregation. It holds approximately 95% of the Solana aggregator market, according to the research. Its cumulative aggregator volume has topped $1.2 trillion.
Background: from swaps to loans For most of its life, Jupiter has been known as the place Solana traders go to swap tokens. Its aggregator volume made it one of the most heavily used applications on the chain.
Kamino Finance had held the top spot in Solana lending before Jupiter Lend overtook it. Kamino is still a major player. But losing the top position to a newcomer from the swap business signals how quickly users can migrate when a trusted brand offers a competing product.
What this means For JUP holders, the rally rests on a growth story rather than current earnings. With 30-day fees at around $5.5 million versus $580 million in fees during 2025, the gap between price momentum and fee generation is worth watching.
The key question is whether Jupiter Lend’s rising loan book translates into meaningful protocol revenue. A lending market with over a billion dollars in TVL can generate steady income from borrowing activity.
On the competitive front, Jupiter can promote its lending product to the traders already routing nearly all Solana aggregator volume through its interface. That distribution advantage is difficult for standalone lending protocols to match.
Concentration risk is the flip side. Jupiter already dominates aggregation, and it now leads lending too. More of the Solana DeFi ecosystem now runs through a single team’s products, which raises the stakes if anything goes wrong on the technical or governance side.
Traders should keep an eye on a few signals in the coming weeks. Watch whether Jupiter Lend’s TVL keeps growing or plateaus near the $1.21 billion to $1.41 billion range. Watch whether monthly fees stabilize or keep sliding. And watch whether JUP stays independent of SOL if the broader market weakens further.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Most trading in tokenized stocks on major blockchains now takes place outside regular US market hours, offering an early indication that around-the-clock trading could be one of the biggest advantages of putting equities onchain.
According to Blockworks data cited by The Kobeissi Letter, more than 70% of tokenized stock trading volume on BNB Chain occurs outside the traditional 9:30 am to 4 pm Eastern trading session. The figure is 63% on Solana and nearly 60% on Base.
Meanwhile, Jupiter, a major Solana-based trading platform, reported a 50% month-over-month increase in tokenized asset trading volume.
Source: The Kobeissi Letter
The figures suggest investors use tokenized stocks to trade when traditional US exchanges are closed, rather than simply replicating activity during regular market hours.
The growth comes as tokenized stock values have increased by 15% over the past 30 days to nearly $3.3 billion, according to RWA.xyz data. A significant portion of that value is concentrated among issuers such as Ondo Global Markets, xStocks and bStocks, whose tokens are issued and traded across different blockchains.
Wall Street moves toward onchain stock tradingThe growth in round-the-clock trading comes as US regulators begin opening the door to tokenized equities in traditional markets. Last month, the Securities and Exchange Commission (SEC) introduced an “innovation exemption” allowing qualifying venues to trade tokenized US-listed stocks on public blockchains.
SEC Commissioner Mark Uyeda said participating venues must publish transaction data in US dollars, including trade prices, sizes, timestamps and daily trading volumes. They must also disclose liquidity pool addresses and balances.
Unlike existing tokenized stock products such as xStocks and Ondo Global Markets, which are generally unavailable to US investors, the SEC exemption allows qualifying venues to offer tokenized US equities domestically, provided they preserve shareholder rights and meet trading and disclosure requirements.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Most trading in tokenized stocks on major blockchains now takes place outside regular US market hours, offering an early indication that around-the-clock trading could be one of the biggest advantages of putting equities onchain.
According to Blockworks data cited by The Kobeissi Letter, more than 70% of tokenized stock trading volume on BNB Chain occurs outside the traditional 9:30 am to 4 pm Eastern trading session. The figure is 63% on Solana and nearly 60% on Base.
Meanwhile, Jupiter, a major Solana-based trading platform, reported a 50% month-over-month increase in tokenized asset trading volume.
Source: The Kobeissi Letter
The figures suggest investors use tokenized stocks to trade when traditional US exchanges are closed, rather than simply replicating activity during regular market hours.
The growth comes as tokenized stock values have increased by 15% over the past 30 days to nearly $3.3 billion, according to RWA.xyz data. A significant portion of that value is concentrated among issuers such as Ondo Global Markets, xStocks and bStocks, whose tokens are issued and traded across different blockchains.
Wall Street moves toward onchain stock tradingThe growth in round-the-clock trading comes as US regulators begin opening the door to tokenized equities in traditional markets. Last month, the Securities and Exchange Commission (SEC) introduced an “innovation exemption” allowing qualifying venues to trade tokenized US-listed stocks on public blockchains.
SEC Commissioner Mark Uyeda said participating venues must publish transaction data in US dollars, including trade prices, sizes, timestamps and daily trading volumes. They must also disclose liquidity pool addresses and balances.
Unlike existing tokenized stock products such as xStocks and Ondo Global Markets, which are generally unavailable to US investors, the SEC exemption allows qualifying venues to offer tokenized US equities domestically, provided they preserve shareholder rights and meet trading and disclosure requirements.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Shiba Inu burn activity has slowed significantly over the past 24 hours, with data from Shibburn indicating that just $1 worth of SHIB was removed from circulation. The burn tracker reported that 192,678 SHIB tokens were destroyed during this period, reflecting a subdued burn effort compared to previous days.
Technical interruption and daily burn figuresA brief disruption on the Shibburn tracker temporarily obscured real-time visibility into the burn count, which led users to see a zero-value for the 24-hour burn total. After the issue was resolved, the tracker showed that 192,335 SHIB had been burned in the latest reporting period. Despite data availability returning, the number remained modest, especially when compared to higher-volume burns that have occasionally fueled conversations within the Shiba Inu community.
Following a technical glitch, the Shibburn page resumed operations and revealed a daily burn of 192,335 SHIB, reflecting the ongoing trend of moderate burn activity in the ecosystem.
The latest update also revealed a 14.22% decline in daily burn rates. This further underscores the muted momentum seen in recent days.
Weekly, monthly totals and broader market trendsAcross the past seven days, Shiba Inu saw a cumulative burn of 176.35 million tokens. Looking at the past 30 days, total burns reached 709.44 million SHIB. While these figures demonstrate that burn efforts continue, current daily numbers are relatively small compared to the project’s broader supply reduction targets.
TimeframeTotal SHIB BurnedLast 24 hours192,678Last 7 days176,350,000Last 30 days709,440,000The Shibburn platform, an independent tracker dedicated to recording token burns within the Shiba Inu ecosystem, plays a key role in providing stakeholders with visibility into these activities.
Mini dictionary: Shibburn, a third-party monitoring site, aggregates and reports on all Shiba Inu burn transactions to increase transparency for the SHIB community.
Meanwhile, the broader cryptocurrency market has experienced increased volatility. Liquidations spiked by 143% over the last 24 hours, hitting $759 million in value. Analysts point to intense trading activity, a decrease in open interest, and a series of forced closures as indications that leveraged positions are rapidly unwinding.
SHIB price movement and macroeconomic outlookSHIB experienced a 3.64% drop in value over the last 24 hours, with its price sliding to $0.00000522 following a sharp move lower. The token briefly touched a low of $0.00000502 before staging a minor rebound.
Market participants are now watching for key economic announcements. This week, attention turns to new US inflation data and other economic indicators likely to impact overall crypto sentiment.
September’s annual inflation rate, set for release on Wednesday, is projected at 3.7%, up from 3.4% in August. Core consumer prices, excluding food and energy, are expected to rise to 2.5% from 2.4%. On Thursday, additional figures for September’s producer price index and retail sales will be published.
As traders weigh the latest SHIB developments, shifts in economic data are set to shape broader market dynamics for the remainder of the week.
Shiba Inu (SHIB): Trading near $0.00000521, below the 100-day average (~$0.00000530), which now acts as resistance. Buyers defended the $0.0000050 round number, but the bounce is on low volume. Bulls need a daily close above $0.00000530 (ideally $0.00000542) to target the 200-day line (~$0.00000563).Zcash (ZEC): Trading near $1,196, down roughly 30% from its late-September high of about $1,700, and now testing the 50-day average. Monero (XMR): The larger trend remains up, and falling volume suggests sellers aren't pressing. XMR is range-bound between $515 and $545. A close above $545 targets $560 and $590, while a close below $515 points to $483 and then the 100-day average near $472.Dogecoin (DOGE): Trading near $0.0845 after bouncing about 5% from $0.0800, which buyers defended. Price sits below all key averages, RSI is below 50, and bounce volume is modest. Shiba Inu Sellers Keep Control Shiba Inu is trading near $0.00000521 after a sharp drop on Monday. The price fell under the orange 100-day moving average, which now sits around $0.00000530 and acts as resistance.
Today's candle is small and green, with a long lower wick down to $0.00000502. That shows buyers stepped in near the $0.0000050 round number. Support sits at $0.00000500 first, then at $0.00000475 to $0.00000490, where SHIB bounced in September. Resistance is at $0.00000530 to $0.00000542, then $0.00000563 at the 200-day line.
SHIB/USDT Chart by TradingViewThe bigger picture is mixed. SHIB did not reach the 200-day average (black line, near $0.00000563) in late September and has been moving lower since. The price is also below the blue and light blue averages around $0.00000540, which keeps short-term control with sellers. Volume is low on today's bounce. A rise on weak volume often does not last, so this bounce needs more proof.
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For buyers to take back control, SHIB needs a daily close above $0.00000530, and preferably above $0.00000542. That would put the 200-day line back in play, with $0.00000600 as the next big target.
If SHIB closes under $0.0000050, the bounce thesis fails. The next stop would be the $0.00000475 to $0.00000490 zone, and a break of that area could open the way toward $0.00000440, the August low.
What happens next: for now, SHIB is sitting on support with no clear trend. The $0.0000050 level will decide the next move.
Zcash Testing the 50-Day AverageZcash is trading near $1,196 after a steady drop from its late-September high of about $1,700. That is a loss of approximately 30%. The price is now sitting right at the blue 50-day moving average, which is the first real test of this pullback. The rise since August was very strong, so a pullback is normal.
ZEC/USDT Chart by TradingViewSupport is at $1,120 (the recent low), then $1,050 to $1,100, where ZEC paused in September. Deeper support is the orange 100-day average near $985 and the black 200-day average near $760. Resistance is at $1,230, $1,290, then $1,350.
Still, the signals are cooling. The RSI has slipped below 50, which suggests momentum has turned weaker. Volume has also decreased over the past few days, so neither side seems fully in control. Today's candle has a long lower wick down to $1,123, so buyers are protecting this area. But the bounce has stayed below $1,230, and the green 20-day average near $1,290 remains above the price.
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Bulls need a daily close above $1,230, and then above $1,290, to show the pullback is over. That would open the way back toward $1,350 and higher.
If ZEC closes below $1,120, the 50-day average will have failed. The price could then slide to $1,050, and the 100-day average near $985 would be the next big support.
What happens next: the trend is still up on the larger chart, because all the averages point upward. But the short-term trend is down, and ZEC must hold $1,120 to keep the larger trend safe.
Monero Holding a Sharp TestMonero is trading near $528 and holding above the blue 50-day moving average, which sits around $515. Today's candle is small, with a high of $544 and a low of $519. The price is down about 17% from the September peak near $635. That spike was quick and was sold off fast, so the real top area is closer to $590 to $600.
XMR/USDT Chart by TradingViewSupport is at $515 (the 50-day average), then $483 (the recent low), then $472 (the 100-day average). A few days ago, a sharp wick took the price down to about $483. Buyers pushed it back up quickly, which indicates demand below $500. Resistance is at $540 to $545, then $560, then $590.
The trend is still up on the larger chart. All the major averages point higher, and the 200-day line (black, near $430) is far below. Volume has been falling during this pullback. That is a calm sign, because sellers are not pushing hard. But it also means buyers are not rushing in yet.
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Bulls need a daily close above $545. That would put $560 in play and could start a new push toward $590.
If XMR closes below $515, the 50-day average will have failed. The price could then return to the $483 low, and the 100-day average near $472 would be the next big floor.
What happens next: for now, XMR is in a range between $515 and $545. A break on either side will set the next direction.
Dogecoin Bounce Off $0.0800 Stalls Dogecoin is trading near $0.0845 after a tough drop last week. Today's green candle has a long lower wick down to $0.0800, so buyers defended the round number. The price has bounced about 5% from the low.
DOGE/USDT Chart by TradingViewSupport is at $0.0800 first, then $0.0780, the September low. Resistance is at $0.0862, $0.0877 to $0.0890, then $0.0928.
The problem is the averages above. DOGE is beneath the orange 100-day line (near $0.0862), the blue 50-day line (near $0.0877) and the green 20-day line (near $0.0890). The 200-day line near $0.0928 is the last big barrier. In late September, DOGE failed to hold above it, and the price has slid since. The RSI is below 50, which indicates weak momentum. Volume on today's bounce is modest, which makes the move less reliable until more buyers show up.
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DOGE needs a daily close above $0.0862 to show the bounce has strength. A close above $0.0890 would be a bigger win, and it could open the way to the 200-day line near $0.0928. Above that, $0.0960 to $0.1000 is the next area.
If DOGE closes beneath $0.0800, the bounce fails. The price could then test $0.0780. A break of that level could send it toward the $0.0700 area, where it traded in July and August.
What happens next: the $0.0800 floor is holding for now. But with every average above the price, DOGE has a lot of work to do before the trend turns.
Shiba Inu, Zcash, Monero, and Dogecoin are currently facing significant technical challenges as all four cryptocurrencies trade close to critical support levels following recent declines. The near-term outlook hinges on buyers’ ability to defend these levels amid subdued trading volumes and mixed signals across major indicators.
Shiba Inu struggles near support after recent slideShiba Inu (SHIB) is trading at $0.00000521 after a sharp drop earlier this week. The price has broken below the 100-day moving average, now around $0.00000530, which has shifted to act as resistance.
Today’s price action shows a small green candle with a long lower wick extending to $0.00000502, indicating that buyers stepped in near the round $0.00000500 figure. Immediate support remains at $0.00000500, followed by a zone between $0.00000475 and $0.00000490—an area that stemmed declines in September. Resistance levels stand at $0.00000530 to $0.00000542, with the 200-day average at $0.00000563 providing another obstacle above.
LevelSupportResistanceShiba Inu (SHIB)$0.00000500, $0.00000475–$0.00000490$0.00000530–$0.00000542, $0.00000563Momentum indicators remain weak, and low volume raises doubts about the sustainability of any short-term recovery. For bulls to regain control, SHIB must close above $0.00000530, ideally clearing $0.00000542. This would bring the 200-day line back into focus and open up new upside targets. A close below $0.00000500 could trigger a move toward the $0.00000475–$0.00000490 range, and a deeper drop may expose the August low at $0.00000440.
Shiba Inu’s fate hinges on the $0.00000500 level as sellers maintain the upper hand. Bulls need a decisive daily close above resistance around $0.00000530 to shift the picture.
Zcash tests moving average after 30% fallZcash (ZEC), a cryptocurrency focused on privacy and financial anonymity, is now trading at $1,196. This level reflects a drop of about 30% from its late-September high near $1,700, putting the price at the doorstep of the 50-day moving average.
Recent price action shows buyers attempting to defend the area between $1,120 and $1,230. Below $1,120, further support appears around $1,050 to $1,100, with deeper levels at the 100-day average near $985 and the 200-day average close to $760. Resistance is overhead at $1,230, $1,290, and $1,350.
Momentum signals have cooled, as the relative strength index (RSI) fell below 50 and trading volumes decreased. While buyers have protected the $1,120 area on several occasions, the lack of follow-through above $1,230 keeps the short-term trend under pressure. Bulls need to force a close above $1,230, then $1,290, to confirm the end of the pullback.
Mini dictionary: Zcash, launched in 2016, is a privacy-centric cryptocurrency allowing shielded transaction data through zero-knowledge proofs, aiming to provide financial confidentiality for users.
Monero and Dogecoin remain range-boundMonero (XMR), another privacy-focused digital asset, continues to hold above its 50-day average near $515 after sliding about 17% from September highs around $635. The price currently trades near $528, with resistance in the $540–$545 area, followed by $560 and $590. Support sits at $515, then $483 and the 100-day average near $472.
Volume in recent days has tapered off, suggesting limited participation from both buyers and sellers. On the larger timeframe, the overall trend points upward, but a break below $515 would bring $483 into play; further declines might put the $472 floor at risk.
Dogecoin (DOGE), a meme-based cryptocurrency, has recovered to $0.0845 after defending the $0.0800 support level. Despite a modest 5% bounce, the price remains below key moving averages—including the 100-day line at $0.0862 and the 200-day average at $0.0928. The $0.0862 level is immediate resistance, with stronger barriers at $0.0877–$0.0890 and $0.0928, while downside protection centers on $0.0800 and then $0.0780. Momentum, as tracked by the RSI, remains weak and trading volumes are muted, leaving the bounce in question.
CoinCurrent PriceMain SupportMain ResistanceMonero (XMR)$528$515, $483, $472$540–$545, $560, $590Dogecoin (DOGE)$0.0845$0.0800, $0.0780$0.0862, $0.0877–$0.0890, $0.0928Both Monero and Dogecoin are considered range-bound at present, awaiting a decisive break above resistance or below support to set the next major direction. For all four cryptocurrencies, buyers need to show greater strength—and ideally, support from rising volume—to shift trends in their favor.
Stacks token [STX] was trading around the $0.4182 price area on October 13 after a slight touch of $0.4502. Separately, Stacks Labs had reported second Bitcoin staking round, which was full with 500+ BTC and joined by over 6.7M STX.
The filled round shows participation in a program that pairs Bitcoin with locked STX, but it does not show why its price rose.
What the filled staking round means In its October 12 update, Stacks Labs said most of Bond 2 filled through Stacking DAO, with the Xverse pool also participating. The program hopes to give a return to users of 3% on their bitcoin, paid in BTC, with no guarantees on return.
Through Stacking DAO, users receive stBTC [representing the share of their position], and they can use it in financial apps in Stacks [for example, as collateral to borrow USDCx], and they continue to receive staking rewards.
The distinction between participation routes matters because:
Approved direct participants keep their Bitcoin locked under their own custody. Open pools use sBTC, Bitcoin-backed asset on Stacks, and are not fully self-custodial Bonding STX limits its availability during the lock period, but those tokens are not permanently removed.
STX retreats from $0.45 The daily chart showed STX up 1.83% from its previous daily close at the time of this writing. It remained about 7.1% below the session high, with the trading still going on.
The latest two candles actually topped out at a higher price but quickly came back down. Hence, the $0.45 and $0.46 area stands out as an obvious hurdle.
Source: TradingView Its trading prices have hovered above the key averages after this rise, supporting the rally. Holding above $0.40 will give another opportunity to attempt the resistance.
If that level gives way, traders could start looking at the $0.37–$0.38 price areas. If it trades steadily above $0.46, the outlook for recovery looks good
Another staking round is approaching Bond 3 is expected to launch around November 10, according to Stacks Labs. Anyone wanting to take part directly must hold at least 50 BTC and be approved, but it can also be done through partner pools according to the requirements set by them.
The next round will show how the level of participation has increased or decreased. For STX’s immediate outlook, it remains to be seen whether buyers can defend the $0.40 price area.
Final Summary Bond 2 filled about 500 BTC of capacity, with more than 6.7 million STX bonded alongside it. STX remained above the $0.40 price level, but its pullback from $0.45 means nearby resistance remained unchallenged.
Fluxers! If you have never deployed anything on Flux, this is the article for you. Getting an application running on the decentralized cloud takes minutes, costs from $0.99 a month, and there is more than one way to do it — so you can pick whichever fits how you already work.
Here are four routes, from the easiest to the most hands-on.
Route one: just say what you want
Open the new FluxCloud preview at cloudpreview.app.runonflux.io and type what you want to run, in plain words:
“A WordPress site for a small bakery.”
“A Minecraft server for ten friends.”
“Postgres with an API in front of it.”
The assistant, FluxAI, works out the resources, fetches a live price from the network, and hands you a ready deployment to review. Common workloads fill the form instantly. Check it, adjust anything you like, then sign and pay with your own wallet or a card — the assistant prepares everything, but only you can approve the spend.
This is the best starting point if you know what you want running but not how to describe it to a cloud.
Route two: push your code with Orbit
If your project already lives in a Git repository, Orbit is the fastest way onto Flux. Paste your repository URL into orbit.runonflux.com, set the port your app listens on, and launch.
Orbit detects your framework from more than 100 — Next.js, Vite, Django, Rails, Laravel, Go, Rust, Spring Boot, .NET and many more — builds it, and deploys it. From then on, every push to your branch redeploys automatically, and a build that fails never replaces the version that works.
No Dockerfile, no server to manage. This blog is deployed exactly this way.
Route three: let your AI agent do it
If you work with Claude Code, Cursor, Windsurf or another AI coding tool, add the Flux Cloud MCP server and ask your agent to deploy for you:
npx @runonflux/flux-cloud-mcp
There is no account to create — two keys are the whole identity, and the server can generate them for you. Your agent can price a deployment before you fund anything, and it only spends after you confirm. Ask it what something would cost first; that part is free.
Route four: the full control panel
For complete control over every setting, use the deployment editor in FluxCloud or the new preview. You describe each component directly:
Image — any public Docker image, or a private one with registry credentials.
Resources — CPU, memory and storage per instance.
Instances — how many copies to run across the network.
Ports and domains — what to expose, and your own domain if you have one.
Storage — local, replicated, or primary/standby so your data survives a node going away.
Private mode — encrypt the whole specification so only ArcaneOS nodes can run it.
Or pick a ready-made template
Many popular applications are a single click. The apps hub covers WordPress, n8n, Hermes and OpenClaw, and the games hub covers nineteen game servers, from Terraria and Minecraft to ARK and Factorio. New accounts get the first week of a game server free.
What it costs
Pricing follows the resources you request: CPU, memory and storage, multiplied by the number of instances, with discounts for small applications and for longer subscriptions. Every deployment has a $0.99 minimum, and prices round to a figure ending in .49 or .99, so quotes are easy to read.
A small web app — half a CPU, 500 MB of memory and 5 GB of storage, on three instances — comes to $0.99 a month. Pay by card, or in FLUX for a 5% discount. You always see the price before you commit.
What happens when you deploy
Your signed specification is registered on the Flux network, and nodes around the world pick it up, pull your image and start your instances. Within minutes your app is reachable at its own address — and from then on it runs on independently operated machines, with no single company in the middle.
Want help along the way? The Ask AI button on the Flux documentation answers questions about every part of this, from resource limits to custom domains.
Start now
The quickest first step: open the FluxCloud preview and type what you want to run. Your first app on the decentralized cloud is a sentence away.
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.
Optimism’s OP token rose approximately 18% on October 13, 2026, trading between $0.13 and $0.16 during the session.
That single-day move caps a month in which OP climbed somewhere between 62% and 66%.
Over a matched window of roughly four weeks, Bitcoin gained around 9% and Ether gained around 3%.
The numbers behind the move
OP’s run has momentum across several timeframes. The token was up around 21% over seven days, on top of the 30-day gain of 62% to 66%.
OP’s market capitalization now sits between $350 million and $365 million. Circulating supply is around 2.3 billion tokens, against a maximum supply of 4.29 billion.
OP did not win the month outright, though. Starknet’s STRK, a competing scaling token, surged 322% over the previous four weeks.
What’s been happening under the hood
Optimism is a layer-2 network, meaning it runs on top of Ethereum to handle transactions faster and more cheaply.
The project also anchors the Superchain, its vision of many networks built on shared Optimism technology that can talk to one another.
In September 2026, Optimism governance approved Upgrade 20. The update targets better Superchain interoperability and improvements to fault proofs, the system that lets users challenge invalid transactions.
Upgrade 20 also allocates 50% of Superchain revenue to OP token buybacks, starting in February 2027.
Unichain announced its testnet migration to OP Enterprise on October 13, the same day as OP’s jump. A mainnet follow-up is planned for October 29.
Across the Pacific, partnerships in South Korea are taking shape. KB Securities and Securitize are among the names exploring tokenized money-market funds on OP Mainnet.
What this means for traders and the layer-2 race
The buybacks do not begin until February 2027, so the current price action reflects expectations rather than any buying that has already happened.
OP’s sub-$400 million market cap leaves it more sensitive to flows than the giants.
STRK’s 322% surge complicates any tidy narrative about Optimism winning the scaling wars. Capital appears to be rotating into layer-2 tokens broadly, and OP is one beneficiary rather than the only one.
With around 2.3 billion of 4.29 billion tokens circulating, future unlocks could add selling pressure that offsets some of the enthusiasm.
The near-term checklist looks fairly clear. Watch the October 29 Unichain mainnet date, any concrete announcements from the South Korean partners, and how Superchain revenue develops ahead of the February 2027 buyback start.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Injective has a new validator, and it comes with a power grid attached.
Gulf Labs, the blockchain and digital-asset investment division of Thailand’s GULF Group, went live as an institutional validator on the Injective network on October 6, 2026. The move gives Injective a direct line into one of Thailand’s largest corporate ecosystems, and it pushes the network’s Asian expansion further beyond South Korea.
What Gulf Labs is actually doing
On a proof-of-stake network like Injective, validators confirm transactions and take part in governance decisions about how the chain evolves. Gulf Labs has bonded approximately 500,000 INJ to support network security and governance.
The partnership reaches beyond running nodes. Gulf Labs and Injective plan to work together on tokenization, stablecoin initiatives, education and infrastructure access within Thailand’s financial ecosystem.
The stated goal is to connect Injective with key Thai sectors, specifically energy, telecom and banking. Those happen to be the industries where GULF Group already operates.
Financial terms were not disclosed. Neither were specific tokenized products, transaction values or timelines.
Why GULF Group’s footprint matters
GULF Group carries a market capitalization of roughly $27 billion. Its business spans more than 24 GW of energy capacity and a telecommunications network with over 46 million mobile subscribers.
Gulf Edge, another part of the GULF ecosystem, is expected to provide data center, cloud and AI resources to support infrastructure development.
The collaboration will also involve Binance TH, which is regulated by Thailand’s Securities and Exchange Commission.
Injective’s broader push into Asia
Thailand is not Injective’s first institutional stop in the region. The network previously worked with POSCO International and LG CNS in South Korea.
As of mid-October 2026, Injective had tokenized more than $1 billion in real-world assets.
What this means for Injective and Thai institutions
For INJ holders, the most concrete change is on the security side. Approximately 500,000 INJ bonded by an institutional operator adds to the stake protecting the network.
The partnership names tokenization and stablecoins as areas to explore, not products already in market. Until specific launches arrive, the commercial impact remains a forecast rather than a result.
Any Thai stablecoin initiative tied to this partnership would need to fit within the framework overseen by the country’s SEC and other authorities, which is where Binance TH’s regulated status could matter.
The signals worth tracking are specific. Look for announcements of actual tokenized products from Thai institutions, any stablecoin pilots involving Binance TH, and whether Gulf Edge infrastructure begins supporting Injective-based applications. Growth in the network’s real-world asset figure beyond the $1 billion mark would also indicate whether Asian corporate partnerships are translating into on-chain activity.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Injective wants traders to know what a transaction will cost before they send it. The DeFi-focused Layer-1 blockchain is moving toward a governance proposal that would set fixed gas values for messages in its exchange module.
The feature is already running on Injective’s testnet. It still needs a governance vote before it reaches mainnet.
What the proposal actually changes
Today, the gas a transaction consumes depends on how much computation it requires. Gas is the unit that measures the work a blockchain does to process an action.
Injective’s proposal swaps the meter for a flat fare. Specific exchange actions would carry predefined gas amounts instead of floating with computational load.
The covered actions include order placements, cancellations, and subaccount transfers.
One concrete example: MsgCreateDerivativeLimitOrder, the message used to place a limit order on a derivatives market, would be fixed at 330,000 gas. A trader would know that number in advance, every time.
The design is meant to keep spam protections intact. Fixed pricing does not mean free pricing, so flooding the network with junk orders still carries a cost.
Injective’s minimum gas price sits at 160,000,000 INJ units. In practice, that works out to typical fees of about $0.0003 per transaction.
Already fast, now aiming for predictable
Injective reports average block times of roughly 600 to 650 milliseconds.
The network also reports throughput of 25,000 transactions per second. Finality comes through Tendermint, now known as CometBFT, the consensus engine used across much of the Cosmos ecosystem.
Injective is built on the Cosmos SDK and designed specifically for decentralized finance. It runs MEV-resistant frequent batch auctions, which group orders together to limit front-running by bots that try to jump ahead of other traders.
It also supports both EVM and WASM smart contracts.
How governance will decide
Injective’s protocol changes go through onchain governance. Holders of staked INJ tokens vote on parameter changes like this one.
The process includes deposit requirements to bring a proposal forward and set voting periods before a decision is final. Until stakers sign off, the fixed gas values stay on testnet.
What this means for traders and the wider DeFi landscape
The most direct beneficiaries would be high-frequency traders and market makers. These participants may submit and cancel huge numbers of orders, and variable gas makes their cost modeling harder.
A fixed gas schedule lets a trading firm treat transaction fees as a known line item.
Most blockchains price execution dynamically for good reason: it ties fees to the actual burden on the network. Injective’s approach narrows that flexibility for a specific set of well-understood exchange messages.
For traders already active on Injective, the near-term impact is modest in dollar terms, given fees already hover around $0.0003. The bigger shift is operational: one less variable to model before hitting submit.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
How Kabosu, a rescued Shiba Inu from Sakura, Japan, went from a 2010 blog photo to the "Doge" meme and the logo of Dogecoin ($DOGE).
Dogecoin's logo traces back to a single snapshot posted on a personal blog in Japan. The dog in the picture, a Shiba Inu named Kabosu, became one of the best-known faces of the internet and later of the crypto market.
From puppy mill to blog postKabosu lived in Sakura, Japan. Her owner, Atsuko Sato, adopted her in 2008, rescuing her from a puppy mill after the business closed down and Kabosu was abandoned with 19 other Shiba dogs. Sato was a kindergarten teacher.
In 2010, two years after adopting Kabosu, Sato took a picture of her pet crossing her paws on the sofa. She posted the image on her blog, from where it spread to the online forum Reddit and became a meme. Meme-makers added rainbow Comic Sans text over Kabosu's side-eyed look and crossed-paws pose, using short, broken phrases like "much wow" or "such happy." The format became known as "Doge."
How Kabosu became the face of $DOGE Dogecoin was introduced on December 6, 2013. Software engineers Billy Markus and Jackson Palmer launched the satirical cryptocurrency as a way to make fun of Bitcoin and the many other cryptocurrencies boasting grand plans to take over the world. Dogecoin features the face of Kabosu from the "doge" meme as its logo and namesake.
The joke coin outlasted its origins. It quickly developed its own online community, reaching a peak market capitalization of over US$85 billion on May 5, 2021. NPR reported that the coin jumped in value years later after Elon Musk, then the world's richest person and a champion of Dogecoin, tweeted about it. In 2023, @elonmusk briefly swapped Twitter's bird logo for the Doge image.
Kabosu's fame also reached beyond crypto. The picture later became an NFT digital artwork that sold for $4 million. Sakura has used the doge image on manhole covers, and a bronze statue of Kabosu was unveiled in 2024, paid for by donations from fans around the world.
Sato said Kabosu died on Friday, May 24, 2024. As a rescue dog, Kabosu's real birthday was unknown, but Sato estimated her age at 18. The @dogecoin account also marked her death, calling her an inspiration.
The story is a reminder of how a casual pet photo, shared without any commercial intent, can end up anchoring a market with a multibillion-dollar peak valuation.
SourcesRolling Stone: Kabosu, Shiba Inu Who Became Face of 'Doge' Meme, Dead at 18
NPR: The Shiba Inu that inspired Dogecoin crypto and countless memes has died
Gulf News (AFP): Japanese dog Kabosu, the face of Dogecoin, dies at 18
Today, President Donald J. Trump travels to Alaska. He returns to the Last Frontier with a proven record of results that put Alaskans first: lower taxes, responsible development of the state’s vast energy and mineral resources, safer communities, strong support for fisheries, and major investments that create jobs and reinforce America’s Arctic security.
Tax Relief That Puts Money Back in Alaskans’ Pockets
President Trump’s Working Families Tax Cuts are delivering direct relief to Alaska workers, families, and seniors.
No Tax on Tips: Approximately 14,000 Alaska workers no longer pay federal income taxes on tips.
No Tax on Social Security: About 100,000 Alaska seniors benefit from the new senior deduction.
Bigger Refunds: Alaska taxpayers saw average refunds of $3,690 in 2026.
Rural Health Investments: Alaska secured about $272 million in first-year Rural Health Transformation Program funding.
Protecting Jobs and Wages: The Working Families Tax Cuts safeguarded 11,000 Alaska jobs, $2 billion in state GDP, and $1 billion in workers’ wages.
Unleashing Alaska’s Energy, Minerals, and Economic Potential
President Trump is reversing years of restrictions, unlocking responsible development of Alaska’s oil, gas, and critical minerals.
In October 2026, the Trump Administration secured $150 million in Defense Production Act funding for a major new power line that will lower energy costs for 75% of Alaskans.
In September 2026, President Trump unveiled a $200 billion South Korean investment in U.S. energy that includes $54 billion to construct a new natural gas pipeline in Alaska.
In December 2025, the Trump Administration reopened nearly 82% of the National Petroleum Reserve-Alaska to oil and gas leasing.
In October 2025, the Trump Administration opened 1.56 million acres of the Coastal Plain to oil and gas leasing, reversing Biden-era restrictions.
In October 2025, President Trump approved the Ambler Road Project, providing essential access to the Ambler Mining District’s large deposits of copper, cobalt, gallium, germanium, and other critical minerals.
In June 2025, the Trump Administration advanced plans to open an additional seven million federally managed acres on the North Slope to new oil development.
In January 2025, President Trump signed an Executive Order directing federal agencies to prioritize development of Alaska’s oil, gas, minerals, and other natural resources.
Protecting Alaska’s Communities, Fisheries, and Veterans
President Trump has moved quickly to restore historic names, support Alaska’s vital fishing industry, and expand care for the state’s veterans.
On his first day in office, President Trump restored the name Mount McKinley, reversing the Obama Administration’s 2015 change and returning the designation that stood from 1917.
The Trump Administration ensured Alaska groundfish fisheries opened on time, protecting a total value of $301.1 million for Gulf of Alaska fisheries and $2.64 billion for Bering Sea and Aleutian Islands fisheries.
The Trump Administration implemented regulatory and data collection reforms that allowed the timely opening of the Alaska halibut fishery.
The Department of Veterans Affairs awarded over $4 million in grants to community organizations supporting Alaska veterans who are homeless or at risk of homelessness.
In September 2026, the VA opened a new walk-in clinic at the Colonel Mary Louise Rasmuson Campus in Anchorage.
The Trump Administration delivered funding for critical infrastructure upgrades at the Alaska VA Healthcare System as part of a record $4.8 billion in nationwide VA spending.
A Military Construction Boom Across Alaska
President Trump and Republicans in Congress have directed major new investments into Alaska’s bases, creating jobs and modernizing facilities that strengthen U.S. security in the Arctic.
President Trump signed the Continuing Appropriations, Agriculture, Legislative Branch, Military Construction and Veterans Affairs, and Extensions Act, 2026, which included:
$208 million for new barracks at Fort Wainwright in Fairbanks.
$46 million for a base supply complex at Joint Base Elmendorf-Richardson (JBER) in Anchorage.
$152 million for the next phase of the Joint Integrated Test and Training Center at JBER.
$45 million to complete the Air Force runway extension at JBER.
$6.7 million to finish planning and design for a permanent party dormitory at Eielson Air Force Base.
$7.7 million to begin planning and design for a new Army dining facility at Fort Wainwright.
President Trump signed the FY 2026 National Defense Authorization Act, which delivered additional Alaska funding, including:
$82 million for the Air Force Joint Integrated Test & Training Center at JBER.
$80 million for upgraded Army barracks at Fort Wainwright.
$46 million for an Army Reserve Base Supply Complex at JBER.
$46 million for an Army Reserve Maintenance Facility at JBER.
$15 million for a Base Civil Engineering Pavements and Grounds Facility for the Alaska Air National Guard at Eielson.
$13.2 million for design of an Air Force Consolidated Munitions Complex at Eielson.
$8 million for design of an Army dining facility at Fort Wainwright.
$1.75 million for design of an Air Force Coal Thaw Shed Addition at Eielson.
The FY 2027 NDAA, which has passed the House, includes $2.6 billion for Alaska and launches the multi-year, $7 billion “Fighter Town USA” recapitalization at JBER. The project will construct 26 modern facilities, position JBER as one of the most strategically important bases in the world, create up to 4,000 private-sector jobs, and bring additional military personnel and families to Alaska.
Safer Streets Across Alaska
Violent crime is falling in Alaska as President Trump’s law-and-order agenda delivers results for Alaska communities.
The statewide murder rate fell 13% last year.
Juneau recorded a 6% decline in total criminal offenses last year.
President Trump and Republicans are delivering America First policies that put Alaska first: lower taxes, responsible resource development, safer communities, and major investments in the state’s military and economic future. Alaskans face a clear choice between continuing this progress, or returning to the higher taxes, energy restrictions, and open border policies of the past.
Aptos has quietly put together one of the better months in large-cap crypto. According to The Defiant, the APT token gained 51% over four weeks, a run that left both Bitcoin and Ether trailing.
The rally has a catch. Stablecoin liquidity on the Aptos network has been heading the opposite direction, which raises a fair question about what is actually fueling the move.
The numbers behind the run Price trackers don’t fully agree on the size of the gain. The Defiant puts it at 51%, while other tracking reports show gains of 38.5% to 44% for the four weeks ending October 13, 2026.
Whichever figure you pick, APT beat the two largest crypto assets over the same window. The token traded in a range of roughly $0.82 to $0.85 as of mid-October.
Zoom in to the past seven days and the picture gets less exciting. APT’s weekly return has been nearly flat, which suggests most of the heavy lifting happened earlier in the month.
The less flattering number comes from DefiLlama. The stablecoin market cap it tracks on Aptos fell approximately 17.5% over four weeks, landing at about $910 million.
Stablecoins are the working capital of any blockchain economy. A shrinking pool generally means less dry powder sitting inside the ecosystem, ready to be deployed.
So the token got more expensive while the money sitting on the network got thinner. That divergence is the main tension in this story.
The unlock cliff, now in the rearview mirror The most concrete catalyst landed on October 12, 2026. That date marked the completion of Aptos’s four-year token unlock schedule for early contributors and investors.
With the schedule finished, APT’s monthly emissions dropped by around 60%. Releases fell from approximately 11.3 million tokens per month to roughly 4.5 million.
It also helps explain the timing. A rally into a known supply reduction is a classic pattern, as traders position ahead of the event rather than after it.
A busy stretch for Aptos Labs The unlock was not the only development. Around October 9, 2026, Aptos Labs and the Aptos Foundation announced more than $50 million in commitments aimed at on-chain trading infrastructure and AI-related projects.
On the technical side, Aptos launched an optional encrypted mempool on mainnet on October 12-13, 2026. The feature is designed to protect users from MEV, or maximal extractable value. MEV refers to profits that bots and validators can extract by seeing pending transactions and reordering or front-running them. Encrypting the waiting room means outsiders can’t read your order before it executes.
There is also a proposal on the table for a new execution engine called MonoMove, aimed at improving smart contract performance by up to 55 times. That is a proposal, not a shipped product.
What this means for APT holders and the network The bear case lives in the DefiLlama data. A 17.5% slide in on-chain stablecoins points to liquidity leaving, not arriving. DeFi total value locked on Aptos remains low, which reinforces the concern that price has moved ahead of usage.
The $50 million in commitments toward trading infrastructure looks partly like a response to that exact problem. The encrypted mempool fits the same strategy, since MEV protection is a selling point for active traders choosing where to deploy capital.
The stablecoin figure on DefiLlama is the number to watch. If it stabilizes or recovers while APT holds its gains, the rally has firmer footing. If it keeps falling, the price move starts to look more like a supply-driven trade than a vote of confidence in the ecosystem.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
