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In brief Ripple struck a multi-year deal with the University of Florida to feature the XRP logo on the field at Ben Hill Griffin Stadium, plus digital properties and signage, alongside a commitment to fund financial and technology education for student-athletes. It's Ripple's latest college-sports play, following a deal earlier this year to put the XRP logo on Kansas Jayhawks basketball jerseys. The branding push comes as XRP trades around $1.41—up 34.9% over 30 days but down 49.8% on the year. Ripple is taking its crypto-in-college-sports playbook to the Swamp, striking a multi-year marketing deal with the University of Florida that will splash the XRP logo across the field at Ben Hill Griffin Stadium starting this football season.

Florida Athletics announced the deal Friday, saying the XRP branding will appear on the field as well as on digital properties and event signage in Gainesville.

Myriad: Where does XRP price go next? Click to make your prediction.Beyond the marketing, Ripple committed to supporting financial and technology education for Florida student-athletes and the broader campus community, spanning both traditional finance and digital assets. Terms weren't disclosed.

"Florida has a long history of embracing innovation and technology to enhance the experience of our fans and advance our programs," University of Florida Director of Athletics Scott Stricklin said in a statement. "Ripple has established itself as an innovative leader in financial technology, and we're excited to welcome XRP to Gator Nation."

The Gators deal marks Ripple's latest push into college athletics. The company previously struck a multi-year agreement earlier this year to place the XRP logo on the University of Kansas Jayhawks' basketball jerseys, an unusual foray for a crypto brand into the marketing real estate of major college programs.

The branding blitz comes as XRP's price has held steady without much fireworks. The token traded around $1.41 on Friday, up 0.6% over 24 hours, according to CoinGecko, leaving it up about 34.9% over the past 30 days but still down roughly 49.8% over the past year.

Spot XRP ETF demand, a recent tailwind, has cooled: flows were essentially flat on Sept. 4, and as Decrypt reported, the funds recently ended an inflow streak. Decrypt's XRP ETF tracker now reads XRP sentiment as "neutral," though cumulative net inflows still stand at about $1.6 billion.

The sponsorships arrive as Ripple leans into mainstream visibility, having spent years building out its payments, custody, and treasury business and recently rolling out its RLUSD stablecoin.

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Ripple just landed one of the most visible pieces of real estate in college football. Starting this season, the XRP logo will sit at both 25-yard lines inside Ben Hill Griffin Stadium, the University of Florida’s 88,000-seat venue better known as The Swamp.

The multi-year agreement, announced on September 4, reportedly brings in roughly $5 million per year for the university. That places it among the higher-tier on-field logo deals in college sports, a category that barely existed two years ago.

What Ripple is actually buying The branding extends beyond painted turf. Ripple’s deal includes digital platform placements and event signage across Florida Athletics, which oversees 21 sports teams and more than 500 student-athletes.

There’s also an educational component. The partnership will fund financial literacy and technology programs aimed at student-athletes and the broader university community, covering both traditional finance and digital assets.

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Notably, the deal does not involve XRP being used for transactions at the stadium or on campus. This is a brand awareness play, not a payments integration.

Ripple’s college athletics playbook This is not Ripple’s first move into the collegiate space. Earlier in 2026, the company struck a jersey-patch sponsorship deal with the Kansas Jayhawks, signaling that its interest in college sports was more than a one-off experiment.

The timing is no accident. The NCAA expanded field-logo advertising opportunities starting in 2024, opening new revenue streams for athletic departments grappling with rising costs. A landmark NCAA ruling that took effect in 2025 introduced direct athlete compensation requirements, putting financial pressure on programs to find fresh sponsorship dollars.

Ben Hill Griffin Stadium is also set for major renovations after the 2026 season, which means Ripple’s branding will be front and center during the final campaign in the current configuration.

Brand play versus token utility For XRP holders hoping this deal translates into immediate price action, a dose of realism is warranted. Sponsorship agreements of this nature are brand-building exercises, not catalysts for on-chain activity.

The demographic math is interesting. College football skews younger than most professional sports audiences, and younger viewers are statistically more open to digital assets. Ripple’s educational initiatives as part of the deal suggest the company is thinking long-term, building brand familiarity now with an audience that may become active crypto participants later.

Whether that translates into meaningful long-term value for XRP as a token is a different question entirely, and one that $5 million a year in stadium branding alone won’t answer.

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

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

The escalating conflict on X between the affected team and former Ripple developers shows that the recent large-scale wallet drain did not come as a surprise to experts.

On Sept. 3, 2026, an incident involving the mobile wallets of XRP Healthcare, formerly known as XRPayNet, occurred within the XRPL ecosystem. In just three hours, the attackers drained the balances of thousands of users, stealing approximately 267,000 XRP and millions of related tokens, which were quickly transferred to the Ethereum network.

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Forensic analysis uncovered a critical bug: users' private seed phrases were sent to a server when staking features were activated. 

Against this backdrop, developer BiasGoose stated that the incident was "not news to me," as he had previously rejected grant applications from the team.

While developers search for the stolen coins, former Ripple devs look back at the project's past sinsAs it turned out, former Ripple employees had blacklisted the project long ago. According to BiasGoose, the Uganda-linked medical initiative had shown signs of fraud from the outset. Its creators had been caught "blatantly lying about partnerships in their application" to secure funding and generate artificial hype. 

The developer stressed that the product did not need its own token at all: "whatever it was didn't need a token."

Security experts Hazard Cookie, formerly of Ripple, and Matt Hamilton confirmed that auditors had been documenting the project's architectural risks for years. The community also remembers the team as scammers who were "kicked to the curb as known scammers" during previous market cycles between 2022 and 2024.

Yup was all red flags when I spoke to them before as XRPayNet.

— Matt Hamilton (@HammerToe) September 6, 2026 In response to the criticism, the project team released an official statement confirming the hack. Platform representatives said developers were already conducting an urgent investigation, fully tracing the transactions on the blockchain and coordinating with relevant authorities to freeze and recover the assets.

XRP Healthcare's public response to criticism regarding their wallet security incident. Source: XRP Healthcare via X.comAt the same time, they accused the former Ripple developers of unethical behavior, saying that they had put their own names and money at stake while their opponents merely mocked the risks taken by others. According to the affected team, publicly celebrating the misfortune of colleagues is "genuinely pathetic," and they had expected "far more character" from industry veterans.

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At press time, the discussion on X had stalled after a harsh response from BiasGoose, who shot back that, unlike the creators of the hacked application, he "never took risks with other people's money, my guy."

While the project team attempts to trace the stolen funds and former Ripple employees point to years-old audits, the crypto community is left to assess the arguments from both sides: was this a tragic developer error or the predictable outcome of a project whose red flags had been ignored for years?

A major security breach has struck XRP Healthcare, a blockchain project within the XRP Ledger (XRPL) ecosystem, resulting in the theft of approximately 267,000 XRP and millions of related tokens from thousands of users’ mobile wallets.

XRPL vulnerability exposes user seed phrasesOn September 3, 2026, attackers exploited a critical vulnerability in mobile wallets connected to XRP Healthcare, a Uganda-based medical initiative that previously operated as XRPayNet. Within just three hours, the perpetrators were able to drain account balances and swiftly move the stolen assets to the Ethereum network, making recovery efforts more challenging.

A forensic analysis revealed that the breach stemmed from a major flaw in the wallet’s staking feature. When users activated staking, their private seed phrases were transmitted to a remote server, leaving their funds highly vulnerable.

Mini dictionary: Private seed phrase – a unique set of words generated by a wallet that allows users to recover or access their cryptocurrency. If compromised, anyone with access to the seed phrase can control the funds in that wallet.

Blockchain developer BiasGoose signaled that the incident was not unexpected, stating he had previously rejected grant applications from the project team due to concerns about its practices.

Developers air past warnings, project responds to criticismFormer Ripple developers, who had previously distanced themselves from XRP Healthcare, pointed to warning signs dating back to the project’s early days. BiasGoose, who works closely with XRPL-funded initiatives, claimed the team was caught making misleading statements in grant applications, including fabricating partnerships to attract funding.

BiasGoose pointed out that the project “didn’t need a token in the first place” and cited false partnership claims as a persistent issue in their funding requests.

Project representatives confirmed the theft and announced an urgent investigation. They said they were tracking the stolen funds on the blockchain and working with authorities to freeze assets and recover users’ holdings. Meanwhile, the team rebuked critics, arguing that public mockery from former Ripple developers was unfair and unprofessional, given the risk and responsibility assumed by those involved in recovery efforts.

The affected team emphasized their disappointment: they had “expected far more character from industry veterans” instead of ridicule during a crisis.

Community debates negligence and project credibilityThe escalation between XRP Healthcare’s team and former Ripple engineers played out publicly on X, with both sides defending their actions. BiasGoose responded to criticism by highlighting that he had “never taken risks with other people’s money,” further intensifying the dispute.

As XRP Healthcare attempts to recover lost assets and restore user trust, the broader crypto community is left to consider whether the loss was an unforeseeable mistake or a long-predicted failure rooted in ignored warning signs and project mismanagement.

Jacob Metzger, CEO and investor widely known as @MasterHuzzah, has stated that repricing for XRP is imminent. Metzger’s comments came in a recent video presentation that included insights from Versan Aljarrah, the founder of Black Swan Capitalist, and crypto commentator Mickle.

Ripple and XRP’s expected influence in financial transformationMetzger and his collaborators argue that the ongoing overhaul of the global financial system could position both Ripple and its associated digital asset, XRP, at the center of new financial architecture. Ripple, a technology company specializing in digital payment protocols, developed the XRP Ledger to enable faster and more efficient global transactions.

Aljarrah claims that XRP’s current price level has been artificially limited compared to the scale of the role it could play. He suggests the negative attention surrounding XRP, including litigation and public debate, has been designed to distract or mislead observers about its real prospects.

Aljarrah contends that “they’re counting on people not understanding what we’re saying,” and further asserts that the primary aim is the consolidation of all existing financial rails under a new digital structure, bringing together banks, treasuries, tokenized deposits, stablecoins, digital assets, securities, and invoices.

According to Aljarrah, this transformation is not merely speculative. He describes the process as an observable development resulting from current technical and regulatory upgrades.

Critique of current correspondent banking systemsA featured industry specialist in cross-border payments examines the limitations of correspondent banking. He highlights how traditional dependence on pre-funded Nostro and Vostro accounts is increasingly outdated as more efficient digital alternatives emerge. In his view, RippleNet—a product of Ripple—aims to lower transaction costs, boost speed, increase transparency, and promote broader access to financial infrastructure.

RippleNet connects global financial institutions for streamlined cross-border payments without the need for traditional correspondent banking methods.

Mini dictionary: Nostro-Vostro accounts, traditional bank accounts held by one bank in another foreign bank for cross-border transactions and liquidity management.

Decentralized settlement and institutional discussionsMickle, an active analyst in the crypto community, describes a shift toward decentralization, envisioning a future where banks and nations maintain financial independence while interacting through settlement solutions like the XRP Ledger. He suggests that such ideas are gaining traction not only among crypto advocates but also at high levels of economic policy.

He points to discussions now occurring “at the highest levels of the economic system,” suggesting a growing acknowledgment of decentralized settlement mechanisms.

Mickle also emphasized the significance of participation by Ripple’s founders and other technology leaders in ongoing high-level financial discussions. He proposes that these meetings are evidence of strategic interests beyond short-term trading or asset speculation.

Direct calls and the possibility of repricingIn subsequent remarks, Metzger encouraged observers to consider their strategic positions as the digital economy develops. He referenced Ripple’s extensive integration within the global financial network and reaffirmed his belief that XRP is approaching a moment of repricing, regardless of prevailing public sentiment.

Brad Garlinghouse, CEO of blockchain company Ripple, has attracted attention from the crypto community for following exactly 589 accounts on the X platform. This detail was highlighted by crypto analyst Dark Defender, who argued that such precision holds deeper significance for supporters of XRP, the digital asset associated with Ripple.

Within the XRP community, the number 589 has long been a source of speculation. Many believe it refers to a target price of $589 for XRP, a value considered necessary by some for large-scale institutional cross-border settlements using the token. Over time, 589 has evolved into a symbol, with supporters watching for every possible hint linking Ripple leaders to the figure.

According to Dark Defender, regulatory constraints prohibit Garlinghouse from making public statements about specific price targets. The analyst suggested that following 589 people serves as a tacit signal to the community, offering an indirect show of support without breaching any regulatory limits.

“589 was never a number. A password. It is the sentence nobody in the room is allowed to say out loud,” wrote Dark Defender, referencing ongoing restrictions that prevent explicit price projections from Ripple executives.

Dark Defender further notes that the XRP Ledger Foundation has shown similar discretion. The Foundation published an image comprised of dots arranged in groups of 5, 8, and 9, which analysts connected to the same motif. The Foundation, established to support the development of the XRP Ledger ecosystem, faces similar limitations as Ripple in making price predictions.

Mini dictionary: XRP Ledger Foundation – An independent nonprofit that promotes and supports the growth, technical progress, and adoption of the XRP Ledger blockchain network.

Patterns and community theoriesWhen Garlinghouse temporarily left X earlier this year, his follow count dropped to 588. Upon his return, he resumed following 589 accounts, reinforcing the impression of a conscious choice. Currently, Garlinghouse is followed by over 1.3 million users, but his precise follow count continues to attract speculation from analysts and community members alike.

Members of the XRP community have offered diverse interpretations of the number. One user pointed out that multiplying 5, 8, and 9 yields 360, claiming this forms a circle and suggesting it signifies completion. Others linked the number to the price of Ethereum at the time when the US Securities and Exchange Commission filed a lawsuit against Ripple, hinting at possible hidden references beyond just XRP.

Some community members speculate that 589 represents a “hidden private ledger price” used for institutional transfers, distinct from the publicly traded price of XRP. Another theory proposes that the number’s significance originates from financial regulations in certain countries, possibly relating to laws governing cross-border trades.

ReferenceInterpretation589 following countIndirect reference to XRP price targetXRPL Foundation image (5, 8, 9 dots)Visual nod to 589 motif5×8×9=360Circular symbolism, community theory$589 ETH price at SEC lawsuitPotential cross-asset hidden signalPersistent influence of the $589 narrativeThe idea that XRP could one day reach $589 has become deeply embedded in the community’s identity, persistently resurfacing with each new perceived clue or symbolic gesture. The focus on Garlinghouse’s following count and the Foundation’s references continues to fuel heated discussion, regardless of whether these signals are intentional or coincidental.

Many in the XRP community see every new alignment with 589 as further validation that the number holds special significance—even as Ripple leadership remains silent on specific price targets due to regulatory reasons.

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6 September 2026 | 23:08 XRP remains near a key retracement level after failing below $1.70, with a move above $1.4575 needed to show that the recent pullback is losing momentum.

Key Takeaways XRP has held the $1.40 area. $1.4575 is the first recovery level. Reported XRP fund flows remain positive. The latest reported pace has slowed. U.S. inflation data could move crypto. XRP has avoided a breakdown, but remains below resistance TradingView’s XRP/USD daily chart on Coinbase showed XRP at $1.41 at the time of writing, close to the 0.236 Fibonacci retracement near $1.40.

XRP daily price chart. That area has held since September 4 after XRP fell back from the August 22-23 move toward $1.70. Sellers have not forced a decisive break below it, but the descending trend line from the August high remains intact. The immediate task is therefore not simply to hold the current range, but to reclaim resistance above it.

The first level to watch is $1.457, the 0.382 Fibonacci retracement. A sustained daily close above it would challenge the descending trend line and place $1.50 and then $1.55 on the chart. Until that happens, XRP’s move can be considered as consolidation beneath resistance rather than reversing its pullback.

What a daily close would change

These levels describe the current structure; they do not predict which side will break first.

Above $1.457

A close above the 0.382 retracement would be the first sign that buyers are regaining control. The next visible areas are $1.5037 and $1.5500.

Below the $1.40 area

A decisive daily loss would expose the recent lows near $1.35. Below that, the base of the August advance sits around $1.30–$1.31.

Reported fund flows are positive, though the pace has eased Data from SoSoValue showed positive XRP fund-flow readings in each of the eight reported weekly periods from July 17 to September 4. Those figures totalled roughly $202.3 million, with the $110.49 million recorded for the week dated August 28 accounting for more than half of the total.

The September 4 figure was $18.96 million. It covered four reported daily sessions, while the final session’s data had not yet posted, so it should not be treated as a completed weekly result. The comparison is still useful: the latest reported pace was materially lower than the preceding week’s record inflow.

Fund flows can improve the market backdrop, but they do not show who bought spot XRP or whether those purchases are defending a specific chart level. They become more meaningful for the price setup only if XRP also clears $1.4575. A confirmed reversal to outflows, meanwhile, would remove one supportive element from the current picture.

Traders will also be watching whether XRP can find enough liquidity during the next major regional sessions to turn that supportive backdrop into a sustained test of $1.457. Asian trading is one potential source of early support because XRP has established market infrastructure in the region. CF Benchmarks publishes a CME CF XRP-Dollar Reference Rate Asia Pacific Variant, while Glassnode tracks XRP price changes during Asia working hours through a dedicated regional measure.

Recent data also shows that XRP Ledger activity has become concentrated in the London – New York overlap. That three-hour period accounted for about 23% of XRP moving onchain, according to ledger data analysed by Evernorth and reported by CoinDesk. The data cannot identify the participants or establish whether the transactions were net buying, but it shows that a move beginning in Asia would still need follow-through as liquidity shifts into the later global sessions.

Asian-hours activity could support the setup, but not decide it Asia-Pacific market activity does not establish that Asian hours consistently bring heavy buying or push XRP higher. A stronger move during that session could help XRP test $1.4575, but it would matter only if the price holds into the London–New York overlap and later trading. A short-lived session rally would leave the daily structure unchanged.

Inflation data is the next major market-wide event Short-term trading can shape liquidity, but the larger risk for XRP this week could be a macro repricing across crypto markets. The Bureau of Labor Statistics is scheduled to release August producer-price data on September 10 and consumer-price data on September 11.

A hotter-than-expected reading could push market-implied rate expectations and Treasury yields higher, conditions that can weigh on speculative assets. Softer data could ease that pressure. The recent crypto sell-off after a stronger-than-expected U.S. jobs report showed how quickly a macro surprise can affect Bitcoin and other major tokens.

The Federal Reserve’s September 15-16 meeting will follow with updated economic projections. If XRP remains below $1.457 into that event, a sharp shift in rate expectations could determine whether the current range resolves higher or lower.

What matters next XRP has avoided a decisive breakdown for now, but its structure will not improve materially unless it reclaims $1.457. Until then, the $1.40 area remains a floor under test rather than evidence of a renewed uptrend.

This article is for informational purposes and does not constitute financial or investment advice.

Author

Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.

Ethereum is attempting to stabilize after its explosive August breakout, but the follow-through has remained limited. ETH is holding around $2.5K, yet repeated swings within the same range suggest the market is still digesting the rally rather than establishing a fresh directional trend.

Ethereum Price Analysis: The Daily Chart ETH’s broader structure remains constructive after the powerful breakout from the $1.85K-$1.92K base. Yet, momentum has stalled inside the $2.44K-$2.52K resistance area. Several daily candles have tested this region without producing a sustained breakout, while repeated upper and lower wicks indicate considerable indecision. ETH is currently trading near $2.5K, close to the upper portion of this range.

A clean daily breakout above roughly $2.52K-$2.56K would be required to confirm that buyers have regained control and potentially initiate another impulsive leg higher. Until then, continued consolidation remains the more likely scenario.

On the downside, losing the $2.39K-$2.44K area would weaken the current setup and increase the probability of a deeper correction. In that case, the $2.08K-$2.15K former resistance zone would become the major medium-term support to watch.

ETH/USDT 4-Hour Chart The 4-hour timeframe shows ETH trapped in a broad consolidation between approximately $2.35K and $2.56K following the vertical advance from below $2K.

The important development is that buyers have repeatedly stepped in near the lower portion of this range. The latest recovery from around $2.38K has carried ETH back toward $2.5K, placing the price once again near the upper resistance region. Yet multiple previous attempts around $2.5K-$2.55K have failed to generate continuation.

Therefore, another rejection could keep the market oscillating inside the existing range. A breakdown below the $2.35K-$2.39K floor would be more consequential and could expose the first major pullback zone around $2.22K-$2.27K.

Conversely, sustained acceptance above $2.52K-$2.56K would invalidate the near-term consolidation scenario and indicate that buyers are ready to resume the broader bullish move.

Sentiment Analysis Ethereum’s Spot Average Order Size provides an important clue regarding the lack of follow-through. The latest observations around $2.4K-$2.5K are predominantly gray, classified as normal-sized orders, while the green whale-order activity visible during earlier portions of the recovery has largely disappeared.

This suggests that ETH’s recent push toward $2.5K has not been accompanied by notable large-player participation. There is also no visible concentration of retail orders in the latest data, pointing to an absence of aggressive positioning from either side.

The lack of dominant whale activity fits well with the price action. With neither substantial large-scale demand nor supply appearing in the metric, ETH may remain prone to low-conviction, choppy movements inside its current range. A renewed appearance of significant whale orders could therefore be an important signal that the consolidation is approaching a more decisive resolution.

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

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TLDR: Vitalik Buterin puts the odds of SNARKs, FHE and iO reaching sub-10x computing overhead at 60% overall. SNARKs are the likeliest to reach single-digit overhead by 2030, but no deadline applies to all three tools. Buterin assigns a 33% chance that SNARKs, FHE and iO eventually approach 1+ε overhead in real-world use. Lower-cost SNARKs could support higher Ethereum gas limits without proportional validator hardware increases. Ethereum co-founder Vitalik Buterin has put numbers around a long-running cryptography question: how close advanced privacy and verification tools are to ordinary computing costs. In a September 6 post, Buterin assigned a 60% probability that SNARKs, FHE and indistinguishability obfuscation eventually operate below 10x computational overhead.

He measured that overhead through total energy use and amortized computing expenses. He also gave all three a 33% chance of approaching 1+ε overhead for average real-world computation.

Vitalik Buterin Sees 60% Chance SNARKs, FHE and iO Reach Sub-10x Overhead

Ethereum co-founder Vitalik Buterin said he believes there is a 60% chance that SNARKs, fully homomorphic encryption and indistinguishability obfuscation could eventually be implemented with single-digit… pic.twitter.com/kdtCcHwajq

— Wu Blockchain (@WuBlockchain) September 6, 2026

That distinction matters as the timeline remains narrower than the headline probability suggests. Buterin did not say all three technologies would cross the sub-10x threshold by 2030. Instead, he said at least one could reach single-digit overhead by decade-end, with SNARKs the most likely candidate.

SNARKs Lead Buterin’s Push Toward Sub-10x Computing Costs SNARKs allow a system to prove that a computation was performed correctly without requiring every verifier to repeat the entire process. As a result, they have become central to Ethereum’s zero-knowledge scaling model.

Zero-knowledge rollups already use this approach by processing batches of transactions away from Ethereum’s base layer. They then submit validity proofs to Mainnet, allowing the network to verify those transactions while preserving Ethereum’s security guarantees.

However, proof generation remains a major constraint. Complex proofs still require substantial computing power, while some workloads depend on specialized hardware. Even so, Buterin said the efficiency gap is beginning to narrow.

In August, he highlighted research showing that certain large language model inference workloads were approaching less than 10x proving overhead. He also pointed to specialized hash functions, where single-digit overhead has already been achieved.

As proving costs decline, the improvement could have direct implications for Ethereum’s future architecture. The network’s zkEVM roadmap envisions validators verifying proofs of entire blocks instead of independently replaying every transaction.

Consequently, sufficiently efficient proof generation could allow Ethereum to raise gas limits without requiring proportional increases in validator hardware. That would make lower-cost SNARKs increasingly relevant to both scalability and validator efficiency.

FHE and iO Face Higher Barriers to Practical Efficiency While SNARKs focus on verifying computation, FHE addresses a different challenge: privacy. It allows calculations to run directly on encrypted data without first revealing the underlying information.

NIST describes FHE as a privacy-enhancing technology that can apply arbitrary functions to encrypted data without access to the secret decryption key. For blockchains, that capability could support private automated market makers, confidential lending markets and sealed-bid auctions.

Ethereum’s privacy roadmap identifies these applications directly. However, FHE still carries significantly higher computational costs than ordinary plaintext processing. As a result, reaching sub-10x overhead would represent a major step toward broader practical use.

Indistinguishability obfuscation, or iO, presents an even tougher challenge. The technology aims to transform software while preserving its functionality, making equivalent obfuscated programs computationally indistinguishable.

Although recent research has strengthened iO’s theoretical foundations, its practical costs remain extremely high. Buterin has described traditional constructions as effectively “galactic” in computational expense.

To reduce those costs, his recent work has explored approaches including diamond iO and local mixing. Diamond iO lowers the theoretical burden but remains impractical, while local mixing takes a different route whose security is still unproven.

Even so, each technology targets a distinct part of the broader cryptographic problem. Cheaper SNARKs could make verifiable computation more routine, while FHE could expand private computation across shared data.

Meanwhile, efficient iO could help protect the internal logic of executable software. For now, however, Buterin’s 60% estimate remains a personal probability assessment rather than an Ethereum roadmap commitment.

TLDR: Ethereum price prediction keeps $2,750 in view, but bulls need a sustained breakout above the $2,545 to $2,567 resistance band. ETH continues to trade inside a $2,350 to $2,560 four-hour range after buyers defended the lower boundary near $2,380 again. Spot Average Order Size data shows normal-sized trades near $2,500, while the whale activity seen earlier in the recovery has faded. A break below $2,358 would weaken the bullish setup and expose the broader $2,179 to $2,367 support zone to renewed selling pressure. Ethereum trades near $2,500 after buyers defended the floor of its recent range. The Ethereum price prediction now depends on whether demand can clear resistance between $2,545 and $2,567. ETH recovered from roughly $2,380, but repeated tests near $2,500 have failed to create sustained momentum. Daily candles show long wicks, reflecting uncertainty after August’s advance from below $2,000. 

Whale participation has also faded during the latest recovery, limiting conviction behind the move. A breakout could expose $2,600 and $2,750. Conversely, a loss of $2,358 would weaken the structure and increase correction risks toward the $2,179 to $2,367 support zone.

Ethereum Price Prediction Tests Key Resistance Near $2,567 Ethereum’s daily structure still favors buyers after the breakout from the $1,850 to $1,920 accumulation base. Price has since entered the $2,440 to $2,520 resistance zone, where neither side has secured control. Several daily sessions tested this band without closing decisively above it. Buyers continue absorbing dips, while sellers respond near the upper boundary.

Source: TradingView The Ethereum price prediction turns stronger if ETH records a daily close above $2,520 to $2,560. Such a move would confirm renewed demand and support another impulsive advance. The first liquidity target sits near $2,600, where analyst Ted identifies a small cluster. Clearing that area could open a path toward $2,750, the next projected resistance.

Ted notes that traders have already removed most upside liquidity. That condition leaves fewer nearby targets after $2,600. It may also increase volatility if buyers cannot attract fresh participation above the current range. Large long-side liquidity sits between $1,800 and $2,200, with additional clusters near $1,500.

Most of the upside liquidity for $ETH has been taken out.

There's one small cluster around $2,600, which could be taken out next.

After that, Ethereum has large long-side liquidity from the $1,800-$2,200 level.

There are liquidity clusters around $1,500 too, but I don't think… pic.twitter.com/IQU7tAUopZ

— Ted (@TedPillows) September 6, 2026

The downside structure starts weakening below $2,390 to $2,440 on the daily chart. A firmer break under $2,358 would provide the first warning that the August breakout is failing. The Ethereum price prediction would then shift toward a broader fourth-wave correction. Major support extends from $2,179 to $2,367, while the former $2,080 to $2,150 resistance area offers deeper medium-term demand.

Whale Activity Fades While ETH Holds Its Trading Range The four-hour chart places ETH inside a broad range between $2,350 and $2,560. Buyers have repeatedly defended the lower section, including the latest rebound from about $2,380. Still, previous pushes into $2,500 to $2,550 have ended without continuation. This pattern supports further sideways trading until price closes beyond either boundary.

For bulls, sustained acceptance above $2,545 to $2,567 would alter the short-term structure. It would also support the Ethereum price prediction for a move through $2,600 and toward $2,750. A rejection could send ETH back toward $2,440, followed by the crucial $2,358 floor. Below that level, the first pullback zone sits between $2,220 and $2,270.

Spot Average Order Size data adds another layer to the current setup. Recent activity near $2,400 to $2,500 mostly reflects normal-sized orders. The green whale orders recorded earlier in the recovery have largely disappeared. Retail orders also show no concentrated buildup, indicating limited aggressive positioning from either group.

Source: CryptoQuant That participation gap explains why ETH price action has turned choppy despite holding near resistance. Neither heavy whale demand nor concentrated supply currently dominates spot trading. Consequently, smaller orders can keep price moving within the established band without confirming a directional break.

The Ethereum price prediction needs renewed large-order activity to support a durable breakout. Strong whale buying near $2,567 would improve confirmation and reduce the risk of another failed attempt.

Conversely, large sell orders near resistance could reinforce the ceiling and redirect price toward support. Market participants are watching $2,358 as the key invalidation level, while $2,567 separates consolidation from the next upside extension. Broader trading volume confirmation would strengthen any sustained move beyond resistance.

Ethereum is trading near $2,500 after buyers defended the lower end of its current range, showing resilience in the face of recent uncertainty. The cryptocurrency’s next direction depends on whether it can overcome the resistance band between $2,545 and $2,567. After rebounding from approximately $2,380, Ethereum has faced several failed attempts to sustain momentum above $2,500, as daily candlesticks display long wicks, indicating lingering indecision following its advance from levels below $2,000 in August.

Key resistance and support levels define Ethereum’s outlookEthereum’s daily chart continues to show a slight advantage for buyers since its breakout from the $1,850 to $1,920 accumulation range. The price recently entered a resistance zone stretching from $2,440 to $2,520, but neither buyers nor sellers have managed to establish control. Although buyers consistently absorb price dips, they have been met with selling at higher prices, and no daily close has held decisively above this band.

Analysts suggest that if Ethereum can close above the $2,520 to $2,560 range, it could pave the way for a push toward $2,600 and potentially $2,750, marking the next phases of resistance. Market analyst Ted points out that while most nearby upside liquidity has been absorbed, a remaining cluster exists near $2,600. This could act as a short-term target but may also increase volatility if new buyers do not emerge in the higher band.

Most of the upside liquidity for $ETH has already been absorbed, leaving a small amount around $2,600 and larger long-side liquidity between $1,800 and $2,200. High volatility is likely if buyers fail to step in above the current range.

On the downside, support begins to weaken sharply below the $2,390 to $2,440 area; a clear break under $2,358 could signal that August’s breakout is at risk of failure. If selling intensifies, Ethereum’s established support zone between $2,179 and $2,367 may come under renewed pressure.

LevelTypePrice RangeResistancePrimary Band$2,545 – $2,567ResistanceNext Target$2,600ResistanceProjected Upper$2,750SupportInitial Floor$2,358SupportMain Zone$2,179 – $2,367Whale activity declines as spot market trades stabilizeRecent four-hour trading charts place Ethereum within a broad range between $2,350 and $2,560. Buyers have defended the lower section of this range, most recently prompting a rebound from about $2,380. Despite this, upward pushes toward $2,550 have repeatedly stalled, suggesting that for now, price may continue moving sideways unless a decisive move beyond support or resistance emerges.

Data on Spot Average Order Size shows that most trading activity near $2,400 to $2,500 has consisted of normal-sized orders by retail participants. The earlier spike in large “whale” orders has diminished, highlighting a lack of dominant participation from major holders at this stage.

Mini dictionary: Whale orders, a term used in crypto markets, refers to trades made by very large holders of a cryptocurrency. These entities can influence market movements with significant buy or sell orders.

The absence of concentrated buying or selling by whales is keeping Ethereum’s price within its range, and smaller trades are dominating spot action. Analysts contend that renewed large-order activity, especially sustained whale buying near $2,567, would provide traders with stronger confirmation of a trend reversal and lessen the risk of another failed breakout attempt.

Conversely, large sell orders at current resistance could act as another ceiling, pushing price back toward support levels. Participants are closely watching $2,358 as the key invalidation point for the bullish setup. Surpassing $2,567, coupled with rising trading volume, would reinforce a move toward the higher targets above $2,600.

Traders remain focused on the $2,567 resistance zone for a decisive move. Without new whales stepping in, sideways trading may persist until volume or volatility returns.

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Dogecoin is once again knocking on the door of the psychologically important $0.10 level, after a sharp recovery pushed DOGE above the key technical barrier at the 200-day moving average.

Dogecoin saw a sharp surge on Saturday, rising from a low of $0.084 to $0.095 as buyers returned to the market. The rise builds on the current recovery from a low of $0.08 on September 2.

A surge on September 3 that reached $0.089 attempted to breach the daily MA 200 but was unsuccessful, as Dogecoin fell subsequently.  Saturday's rise took Dogecoin effortlessly above the daily MA 200 as price neared $0.1, reaching $0.095.

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DOGE/USD Daily Chart, Image By TradingViewThe $0.1 level remains significant as it marks the current resistance of Dogecoin's rally. Dogecoin's surge in mid-August halted at $0.1 before it fell.

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Dogecoin is currently battling to hold above the daily MA 200, with price trading at $0.088. If Dogecoin can hold above this crucial level, it might boost its bullish narrative with a target of ten cents.

The Dogecoin community is watching for a comeback of DOGE price to ten cents. Krisspax, a Dogecoin community member, highlighted Dogecoin's recent price action regarding this potential: "Another Dogecoin run on Saturday, this time up to $0.095. So I snapped another fib retracement tool and saw a pullback to $0.0887 which DOGE hit early Sunday morning. Will Dogecoin go on yet another run and try to break 10 cents? We shall see."

Ten-cent dream nears realityCrypto analyst Ali recently identified a breakout from a bullish flag pattern on Dogecoin's lower timeframes.

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The pattern projects a move toward $0.12, while also aligning with multiple bullish signals developing on the higher timeframes.

The signals include a morning doji star on the daily chart, which is a bullish reversal pattern that typically forms near the end of a downtrend, suggesting that selling momentum may be weakening as buyers step in.

Key support is highlighted for Dogecoin at $0.0813. Price targets are $0.095, $0.10, and $0.12, and in the event of an extended price run, Dogecoin will aim for $0.1552 and $0.1774. 

Chainlink (LINK) is gaining renewed bullish momentum as buyers defend the recent price breakout and key resistance levels come into view. The altcoin, a decentralized oracle network enabling smart contracts to securely connect with real-world data, continues to attract attention due to improved market activity, positive technical signals, and strengthening adoption within its ecosystem.

LINK Rally Gathers PaceAt press time, LINK was trading at $12.32 with a 24-hour trading volume of $360 million and a market capitalization of $9.2 billion. The token has risen 4.78% in the last 24 hours, reflecting growing investor confidence and heightened interest among both spot and derivatives traders.

Investor Jordan, a prominent crypto analyst, indicated that LINK is now approaching a critical resistance zone. Traders are observing whether bullish momentum can push the token and close above the $12 resistance. Consolidation is expected in the short term, but a successful breakthrough above $12 could unlock stronger gains, with $15 as the next target and $20 as a more optimistic milestone.

Clearing the $12 level with sustained buying pressure could open the path for LINK to rally toward $15, with $20 seen as an ambitious objective in a robust upward trend.

If LINK overcomes resistance and maintains momentum, analysts expect broader market confidence to increase, potentially making the fourth quarter eventful for Chainlink with high volatility and stronger participation.

Volume and Technical Indicators Point to StrengthMarket data shows notable growth in trading activity. LINK’s 24-hour trading volume jumped 25.02% to $503.90 million, while open interest advanced 8.26% to $696.89 million, suggesting deeper involvement from derivatives traders and a more active market environment.

Technical analysis based on TradingView data reveals that LINK has broken out of its prolonged consolidation range between $7.20 and $8.50. The Bollinger Bands have widened, with the price rising to $12.29 and maintaining levels above the 20-day moving average of $11.39. LINK is currently pressing against upper resistance at $12.59, while the predominant trend remains positive.

MetricPreviousCurrentPrice$11.76$12.3224h Volume$403 million$503.90 millionOpen Interest$644 million$696.89 millionThe Moving Average Convergence Divergence (MACD) indicator signals a brief pause in momentum as the histogram remains slightly negative at -0.01822, but both MACD lines are positioned well above zero, indicating an ongoing upward trend with potential for additional gains.

Analysts link LINK’s upward trajectory to broader improvements in the crypto market, as Bitcoin has also started to rise, providing further support to altcoins.

Chainlink announced that FRNT, the stablecoin issued by Wyoming, has integrated Chainlink Proof of Reserve to publish on-chain data about the assets backing the token. FRNT is now the first stablecoin from a US publicly owned entity to offer real-time reserve transparency through the Chainlink platform. This new system provides added visibility and accountability, establishing a use case for blockchain-based public accounting in government-issued digital currency.

Chainlink stated that this integration not only meets but exceeds requirements set by the GENIUS Act, a regulatory framework for digital assets, and could influence other regulated stablecoin providers to adopt similar solutions.

Mini dictionary: Chainlink Proof of Reserve, an on-chain audit mechanism, allows blockchain-based assets like stablecoins to publicly and verifiably share data about underlying reserves, ensuring transparency and increasing trust among users and regulators.

LINK price is now facing a crucial resistance level. A breakout above $12, with supportive volume and buying interest, could trigger a move toward $15 or $20. However, failure to overcome resistance may see the token enter another consolidation phase.

FRNT’s adoption of Chainlink Proof of Reserve marks the first time an American publicly owned entity has provided real-time reserve disclosure on chain, offering a new model for transparency in the stablecoin sector.

Iran says it is set to sign an agreement related to the Strait of Hormuz with Oman.

Regarding Iran-US talks, Rezaei, secretary of Iran’s Supreme National Security Council, stated that the U.S. must earn Iran’s trust to continue the negotiations. He also emphasized that the U.S. claim that the Strait of Hormuz is open is "purely a lie." Rezaei further announced that the agreement reached between Iran and Oman on the shipping map for the Strait of Hormuz will be signed in the coming days. (CCTV)

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Jiang Zhuoer explained the reason for liquidating his BTC positions: a pullback may occur, with the price potentially dipping to hit the concentrated liquidation zone at $76,000.

Jiang Zhuoer, founder of BTC.TOP (Laibit Mining Pool), noted in a post that since Bitcoin (BTC) rallied sharply on August 20, the market has not seen a significant correction. The market remains in the early phase of a bull market rife with distrust and skepticism, with many investors harboring deep fears of steep price crashes. The concentrated liquidation zone around $76,000 on the heatmap is larger than the zone around $83,000 higher up. He argued that the market is more likely to test the lower liquidation zone, and this "magnetic effect" was the main reason he sold his entire BTC position at $82,000 two days ago.

11 minutes ago

Solana ecosystem token STONK’s market cap briefly broke through $180 million to hit a new high, with a 24-hour gain of 434%.

Per GMGN market data, STONK, the token of Solana-based token launch platform StonkFun, briefly broke through $180 million in market capitalization to hit an all-time high. It is currently trading at $170 million, with a 24-hour increase of 434% and trading volume of $71 million over the same period. BlockBeats reminds users that related tokens have high price volatility, so investment should be approached with caution.

11 minutes ago

Ego Lite Exposed for Collecting Web Content; Official Responds: Privacy Policy Was Incorrect.

Flash News from Dongcha Beating AI: The privacy page on ego lite’s official website states that it collects data including visited URLs, page content, click and scroll activity, search and download history, which conflicts with the product’s core claim of local operation. Ego’s official team later responded that these descriptions do not apply to ego lite, explaining that the privacy policy had used generic terms prepared for the full version of ego without distinguishing between the two products. Ego and ego lite are two separate products. The full version of ego has not yet been officially launched; it is planned to have an officially hosted cloud Agent built-in, so it will involve web content, search and browsing operations when executing tasks. Ego lite, on the other hand, is a local browser for AI Agents such as Codex and Claude Code, and does not provide an officially hosted Agent itself. The official stated that ego lite will not collect or upload the aforementioned browsing data: web content is read by the user’s own Agent, and browser data remains on the user’s local device.

11 minutes ago

WOO X Responds to User Withdrawal Anomalies: Team Working to Resolve Related Issues As Soon As Possible

WOO X issued a statement addressing user withdrawal anomalies, noting that it has noticed reports of delayed withdrawal processing and is reviewing relevant individual cases and system statuses. Some withdrawal requests may still be under review or on-chain processing, and the team is working to resolve the issues as quickly as possible. Users facing withdrawal delays can submit their UID, withdrawal order number, application time, asset and network details, and status screenshots via official customer service channels. The platform reminds users not to trust unsolicited direct messages, and to refrain from sharing passwords, mnemonics, private keys, or verification codes. WOO X also stated that it reserves the right to take legal action against acts of fabricating, distorting, or maliciously spreading false information that harms users or the platform’s reputation, and reminds users to only rely on information from official announcements and customer service channels. Earlier reports: On-chain detective ZachXBT issued a community alert saying that over the past three days, multiple verified WOO X users have reported their withdrawals are stuck in "pending" or "processing" status.

11 minutes ago

Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.

Harmony announced plans to fully shut down its network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may cease operating nodes starting at 7 AM Pacific Time on September 10, 2026. The project will pivot its focus to the "AI video secondary creation economy": it plans to open prompts and materials for creators and fans to produce secondary works, with AI agents expanding content branches into more stories. For the migration, a snapshot will be taken at the network’s final block, and new ONE tokens will be airdropped to corresponding Ethereum wallet addresses (no active claim required). Delegated staking and unclaimed rewards will be transferred to each governor’s treasury. Multisig wallets, liquidity pools, and on-chain applications cannot be migrated; Harmony urges users to exit all smart contracts by September 10, 2026. Regarding the AI video business, Harmony is recruiting operators responsible for video generation, media distribution, and content moderation. In the first year, the platform will subsidize hardware costs and boost video generation demand. Operators must stake tokens to qualify, earn rewards based on service uptime, and cover other operational costs. The platform will also track and incentivize contributions to original works, secondary creations, and promotion. Harmony will provide a total one-time compensation of $1.372 million to validators and their delegates who shut down nodes on time, sign relevant agreements, retain staking, and continue participating in governance, with the compensation disbursed over four quarters. The total supply and issuance rate of ONE will remain unchanged; future token issuance will be allocated to the AI video project, with related arrangements to be made after soliciting feedback from governors.

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TLDR: ZEC led the $212M crypto liquidation wave with $45.32M wiped out as its price surged 15% to about $1,170. Short positions accounted for about $156M of $212M liquidations, showing bearish traders took most losses. ZEC open interest reached a record $2.4B on Sept. 4, up from roughly $700M in early July as leverage grew. Grayscale’s ZCSH drew at least $34.4M in net inflows after its Aug. 25 debut, adding institutional demand. Zcash moved to the center of crypto derivatives trading on September 6 after a 15% rally pushed ZEC to about $1,170. The advance coincided with roughly $212 million in market-wide liquidations, with short positions accounting for about $156 million of the total.

Source: X

ZEC alone generated approximately $45.32 million in liquidations, the largest total among major tokens in the reported data. Ethereum followed with $35.16 million, while Bitcoin recorded $16.79 million and Arbitrum posted $12.93 million. That placed ZEC at more than one-fifth of all liquidations during the period.

Short Squeeze Drives the Liquidation Imbalance The liquidation data shows how heavily bearish positioning contributed to the move. As prices rose, leveraged short positions lost margin support and exchanges forcibly closed them.

Forced short closures require positions to be bought back, adding further buying pressure. Together, those figures showed pressure concentrated in bearish positions rather than long liquidations.

The imbalance was visible across the broader market as short liquidations represented nearly three-quarters of the $212 million total. ZEC stood out, however, because its liquidation figure exceeded Ethereum’s by more than $10 million.

The derivatives buildup had already accelerated before September 6. Open interest in ZEC perpetual futures reached a record of about $2.4 billion on September 4. That compared with roughly $700 million in early July, showing that leveraged exposure expanded sharply alongside the price rally.

The move also carried the token above $1,000 for the first time since its volatile launch-era trading. At around $1,170, its market capitalization briefly approached $19.8 billion and one snapshot showed it overtaking Hyperliquid.

Meanwhile, momentum indicators reflected the speed of the advance. The 14-day relative strength index rose above 82. ZEC also traded at more than 2.5 times its 200-day moving average of approximately $449.40.

ETF Inflows Add a Spot-Market Counterweight Derivatives were not the only source of demand. Grayscale converted its long-running Zcash Trust into the Zcash ETF, or ZCSH, during August. Shares were registered for NYSE Arca trading after the trust changed its name on August 24.

The fund debuted on August 25 and attracted at least $34.4 million in net inflows. ZCSH gives brokerage investors exposure without requiring direct cryptocurrency custody.

Regulatory and network developments also formed part of the backdrop. In January, the Zcash Foundation said the SEC had ended a 2023 subpoena investigation without recommending enforcement action.

The network then completed its Ironwood NU6.3 upgrade on July 28. The release introduced a new shielded pool after an Orchard soundness vulnerability. It also aimed to make the integrity of the circulating supply independently verifiable.

Despite the latest rally, ZEC remained below CoinGecko’s recorded all-time high of $3,191.93. The immediate market structure instead remained defined by record derivatives exposure, ETF inflows and forced short closures.

The September 6 liquidation wave showed how strongly leverage shaped price discovery during the rally. With $45.32 million in ZEC liquidations, the token led a broader $212 million market reset that session.

Zcash (ZEC) has inflicted heavy losses on bearish traders following another leg higher. 

Roughly $54.3 million worth of leveraged ZEC positions were liquidated over the past 24 hours, according to derivatives data provided by CoinGlass. 

Shorts accounted for an overwhelming $48.91 million of the total, compared with just $5.39 million in long liquidations.

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This means roughly 90% of all ZEC liquidations came from traders betting on the price falling.

ZEC recently traded around $1,220, up roughly 19% over 24 hours, with its market capitalization climbing above $20 billion. 

Zcash is now the ninth-biggest cryptocurrency in the world, CoinGecko data shows. 

ZEC has gained more than 130% over the past month and more than 2,700% over the past year.

Shorts getting crushed across the board Binance accounted for the largest portion of the liquidation wave. Approximately $20.69 million in ZEC positions were wiped out. Around $17.5 million of those were shorts.

Hyperliquid followed with $14.09 million in liquidations, almost all of which came from short positions.

The ETF tailwind Zcash is having strong momentum due to the ETF tailwind. 

Grayscale launched its Zcash ETF, trading under the ZCSH ticker on NYSE Arca, on Aug. 25 after converting its existing Zcash Trust.

The product became the first U.S.-listed ETF offering direct exposure to ZEC.

By Sept. 4, the fund had already attracted at least $34.4 million in net inflows.

Its assets subsequently climbed above $400 million as ZEC's price continued to appreciate.

The ETF gives investors access to Zcash through traditional brokerage accounts without requiring them to directly hold the cryptocurrency. This boosts demand for an asset with a relatively constrained circulating supply.

Matt Hougan, chief investment officer at Bitwise Asset Management, recently reduced the crypto market to three themes he thinks investors should own for years: Bitcoin as a hedge against currency debasement, Zcash as a privacy asset, and a long tokenization cycle involving Ethereum, Solana, Uniswap and related rails.

Those remarks were captured in a video clip of Hougan speaking, circulated by media outlets on X. Hougan usually talks about structure rather than stock-picking individual tokens: ETFs, advisor allocation, and regulation.

In this case he named names. Bitcoin remains his core monetary trade.

The argument is familiar: governments keep borrowing, fiat purchasing power erodes, and scarce hard assets benefit.

He has grouped that debasement case with other structural supports, including clearer rules, stablecoin growth, tokenization, and tokens that produce real revenue.

He has also said Bitcoin’s old four-year cycle is fading as institutional demand from large wealth platforms becomes more important.

Zcash is the more distinctive call.

Hougan had already pointed in that direction earlier in the year, writing that as Bitcoin is pulled into the mainstream by institutions, room opens for assets such as ZEC.

The privacy thesis is that businesses and individuals will want ways to move value without putting every detail on a fully transparent ledger, especially as monitoring tools improve.

Around the same period, Zcash traded above $1,000 for the first time since 2016 and drew more institutional plumbing, including a U.S. spot product from Grayscale.

The third theme is tokenization. After a week of meetings with dozens of financial advisors,

Hougan wrote that those allocators were more focused on stablecoins and bringing traditional assets on-chain than on Bitcoin itself.

Advisors oversee enormous pools of capital, and he has called them central to the next phase of adoption.

In that setup, Ethereum is the main settlement layer, Solana is a high-throughput alternative, and Uniswap is the exchange layer.

Protocol changes that route fees into token burns are part of the case that this infrastructure can generate economic activity rather than remain a purely narrative trade.

The three ideas are meant to work together. Bitcoin is the scarce reserve asset. Zcash is positioned as the coin that supplies privacy features Bitcoin does not natively offer.

Tokenization is the business layer that could make the rest of crypto matter to traditional finance over a decade. Whether that allocation framework holds will depend on institutional demand, how regulators treat privacy assets, and whether tokenized markets grow from a still-small base into a durable part of capital markets.

TLDR: Curve price prediction signals upside while CRV holds above $0.3201. The rally faces its first major test near $0.3941. CRV gained 26.34% during the past week and reached $0.3785, supported by renewed DeFi interest and active spot trading today. Strong ADX and momentum readings favor buyers. RSI and CCI levels warn that the latest advance has entered overbought territory. Curve DAO appointed yRisk to oversee crvUSD and Llamalend risks under a $250,000 mandate backed through formal community governance. Curve price prediction has turned bullish after CRV climbed 26.34% in seven days and reached $0.3785. Renewed interest in decentralized finance and steady trading activity supported the rebound. Buyers now face resistance at $0.3941, at the weekly high. A break could extend the move toward $0.4312 next week. Still, elevated momentum readings show the rally may need a pause. 

The $0.3201 area offers technical support. Holding that level would preserve the recovery structure. A breakdown beneath it would provide the first warning that demand is weakening after the weekly advance. That balance makes price reactions at both boundaries especially important.

Curve DAO (CRV) Price Curve Price Prediction Faces Key Resistance at $0.3941 Market data shows buyers control the daily technical trend. The Average Directional Index stands at 42.2194. MACD and Bull Bear Power readings also favor upside. Those signals support the Curve price prediction while CRV trades above short-term support.

Momentum has become stretched, though. The Relative Strength Index sits at 69.0286, close to the overbought threshold of 70. The Commodity Channel Index has moved deep into overbought territory. These readings do not confirm a reversal. Instead, they suggest buyers may encounter selling near $0.3941.

The 20-day average at $0.3201 provides support for the CRV price. The Ichimoku Kijun sits at $0.3147. These levels could absorb profit-taking. Weekly volatility reached 33.82%, so wide swings may continue.

Source: TradingView The range for next week runs from $0.3257 to $0.4312. A close above $0.3941 would improve the case for a move toward the boundary. Failure at resistance could produce consolidation without damaging the structure. A fall below $0.3201 would weaken the Curve price prediction and expose $0.3147.

Governance Vote Adds New Oversight to Curve Lending Curve DAO has approved yRisk as the risk provider for crvUSD mint markets. Its mandate also covers Llamalend isolated lending markets. The team received a $250,000 mandate through governance approval. Its duties include collateral reviews, risk assessments, and governance monitoring across Curve lending products.

The appointment follows Llamalend upgrades and closer scrutiny of ecosystem safeguards. Attention increased after the March exploit involving the sDOLA-crvUSD pool. Oversight may help Curve DAO address collateral risks across isolated markets. The decision arrives during renewed DeFi activity.

Viktoras Karapetjanc, an expert at Traders Union, linked the 26% weekly rebound to stronger DeFi interest and solid participation. He said the yRisk appointment reinforced confidence in Curve’s ecosystem. His Curve price prediction keeps buyers in control while CRV holds above $0.3201.

Karapetjanc sees room for a retest and possible break above $0.3941. Such a move would bring $0.4312 into focus during the coming week. That target sits about 13.9% above the $0.3785 price. It also marks the upper boundary of the projected weekly range.

Earlier assessments identified bullish price action alongside mixed technical signals and governance execution risks. The latest setup keeps those concerns active. Overbought conditions may limit immediate gains, while the new risk mandate depends on effective reviews and timely governance responses. 

Traders are therefore watching price behavior at $0.3941 and demand near $0.3201. These levels will define whether the CRV price extends its rebound or shifts into a broader pullback.

After successfully flipping $2, CAKE surged to a high of $2.28 for the first time since December 2025. As of this writing, PancakeSwap was trading around $2.26, marking a 13.4% surge on the daily charts.

 At the same time, trading volume climbed 112% to 110%, pointing to increased market participation. Even more so, the altcoin’s turnover rose to a record high of $25 million, according to CoinAnk data.

Source: CoinAnk When turnover rises during a market uptrend, it reflects intense buying pressure, suggesting the rally is backed by strong demand. 

Is a shrinking supply driving the PancakeSwap rally? CAKE has recently shown strength driven by a successful deflationary mechanism. In fact, WallStreetX observed that  CAKE has recorded 34 consecutive months of deflation.

Since peaking in 2023, the supply of CAKE tokens has been reduced by 53 million CAKE. This marked a 14.5% reduction to the tokens’ market supply. 

Deflationary measures have acted as a major boost to market demand during periods of extended weakness. Often, reduced supply lowers market pressure, which has historically resulted in more gains on the price charts.

Demand also holds steady   In addition to team deflationary commitment, investors have also continued to accumulate CAKE  across the market.

On the derivatives market, for example, PancakeSwap’s Open Interest surged 39% to $51 million, while volume rose 115% to $89 million.

Source: Coinglass Open Interest rising alongside volume suggested increased activity as traders opened new positions, either long or shorts. Meanwhile, altcoin’s Long/Short Ratio held above 1 across major exchanges. Binance top traders were more bullish, with the ratio rising to 3.7. 

Source: CoinAnk On the other side, the market saw more buying activity relative to sellers. According to Coinank data, the market delta has remained positive since mid-August, currently holding around 131.6k.

With demand holding strong across both the derivatives and spot, PancakeSwap is in a favorable situation.

Can the trend hold? A look at the momentum indicator showed that CAKE is currently holding strongly bullish. For starters, the Aroon Oscillator has held within an upward trajectory now around 92.

Aroon OSC holding at these elevated levels reflects intense bullish pressure, with the altcoin making highs more frequently.

Source: Tradingview Additionally, PancakeSwap’s Stochastic Momentum Index (SMI) has been on the rise, reaching 77 at press time. The SMI nearly hitting the overbought zone further confirms the intense buying pressure.

These prevailing market conditions indicate that CAKE is likely to make some more gains. If demand holds, PancakeSwap will clear $2.4 resistance and target a move to $3.00.

For the bullish outlook to hold, CAKE needs to hold $2; failure to do so, and the altcoin will most likely drop to $1.8.

Final Summary CAKE surged 13%, flipped $2, and rose to a 9-month high of  $2.28.  PancakeSwap has recorded 34 consecutive months of deflation, with supply falling by 53 million CAKE. 

Solana (SOL) is drawing heightened investor attention as it approaches the critical $105 resistance level. After rebounding sharply from its June low near $65, SOL’s price recovery has reignited debate over whether the cryptocurrency can sustain its upward momentum and break through this key barrier.

Solana steadies near $105 after strong recoverySOL recently traded at $104.82, showing a 2.42% increase within 24 hours. The daily trading volume reached $5.25 billion, with Solana’s market capitalization now at $61.37 billion. This places SOL among the top tokens, accounting for 2.27% of the total cryptocurrency market value.

Market analysts view the $105 level as pivotal for Solana’s next major move. The price’s recent surge from the June bottom signals renewed interest, but the test at this resistance will determine if further gains are likely or if another pullback could emerge.

Potential for gains if $105 is reclaimedCrypto analyst Nehal outlined that a confirmed breakout above the $105 resistance could reinforce the current bullish setup and open the way for Solana to target higher price zones.

If SOL reclaims $105, the technical setup suggests a potential move to $120 and, in more bullish scenarios, towards $140.

However, a failure to hold above $105 might lead the price back toward lower support levels, with investors monitoring whether the bullish structure remains intact.

Technical analysis highlights key levelsRecent technical analysis indicates Solana may have completed its Wave (4) correction, positioning the token for an ascending wave. The main support zone resides between $94.50 and $95.50, while immediate resistance is set between $109.50 and $110.50.

Should SOL confirm a breakout above its resistance, analysts project initial upside targets at $110, followed by $112.50. Continued buying pressure could extend the rally to $116.50, which is viewed as the next notable target for the bulls.

The region around $94.50 to $95.50 remains critical for Solana’s bullish outlook; sustained trading below this area could increase the risk of further declines.

Rising trading volume alongside SOL’s recent price advances demonstrates active market participation. Still, a decisive move above $105 and then $109.50–$110.50 is needed for a clear confirmation of the next leg up.

The critical challenge now is for buyers to establish $105 as a new support level. Achieving this could shift the focus toward higher targets, while repeated rejection would put the $94.50–$95.50 support area under scrutiny.

In a landscape where a single Fed policy decision or a new altcoin listing can instantly disrupt the market, traders are seeking more efficient ways to monitor fast-moving developments. Smart investors now rely on privacy-first tools like CryptoAppsy, which offer real-time charting, instant price alerts, coin-specific news, and vital macroeconomic data in one interface—no account required—helping them to react swiftly and avoid costly delays associated with juggling multiple applications.

Solana has been dominating the 24-hour DEX volume to this point.

But now it is being challenged. According to DeFiLlama data, Solana remains number one in a 30-day DEX volume with a cumulative DEX volume of more than $65 billion, over 2x larger than the second-ranked BNB Chain, and nearly 3x the volume of the Robinhood Chain. 

But recently Robinhood has surpassed Solana in terms of daily DEX volume. As the chart below shows, Robinhood processed $1.45 billion in DEX volume on the 5th of September, compared with Solana’s $1.25 billion. This marked the first-ever daily volume flip between the two.

More importantly, Robinhood is maintaining this lead intraday with $1.36 billion in DEX volume so far versus Solana’s $1.28 billion.

Source: DeFiLlama If this trend continues, Solana’s [SOL] dominance in DEX activity could face a serious challenge.

In addition to this, Robinhood Chain just crossed $3 billion in daily DEX volume for the first time. Nearly $880 million is now locked on the chain, up by about 30% in just one week.

Meanwhile, deposits are now rapidly approaching the $1 billion mark, putting additional pressure on the dominance of DEX of Solana.

Notably, the activity isn’t limited to on-chain. Robinhood’s growth is also beginning to reflect in revenue, with the platform recently seeing $6.8 million in earnings, a record high revenue for any Ethereum L2 to date.

Analysts are growing increasingly bullish on ETH as increased activity on Robinhood could see the value return to the Ethereum ecosystem.

Against this backdrop, the bigger question is: Could Robinhood’s rise be the catalyst that finally triggers an ETH/SOL breakout?

Robinhood’s DEX surge could reshape the SOL/ETH battle The effect of Robinhood’s on-chain activity is not limited to Solana’s DEX volume.

Pump.fun, one of the largest memecoin platforms on the Solana blockchain, saw its volume fall to $1.18 million from a $3.16 million peak only eight days ago, while 53% of its application’s volume now comes from Robinhood Chain.

At the same time, the volume of transactions on the Solana blockchain dropped by 37% from its peak on the 28th of August. In short, the data points to a clear rotation in on-chain activity.

Notably, the timing couldn’t be better for Ethereum [ETH]. As can be seen in the chart below, the SOL/ETH ratio has been oscillating around the 0.04 level for more than a year.

For L1s, on-chain dynamics are one of the critical factors in technical performance, and Robinhood’s impact on the Ethereum layer could improve the ETH technical standing versus Solana.

Source: TradingView (SOL/ETH) Thus, a breakdown of the SOL/ETH ratio could benefit Ethereum as the market rolls into Q4.

According to AMBCrypto, this is where Solana’s DEX volume begins to take on more importance. In this cycle, Solana’s DEX dominance has been one of its strongest assets.

However, with Robinhood’s rise in both DEX volume and liquidity, the dominance of Solana is beginning to see pressure.

That puts Ethereum in a stronger relative position, with Robinhood’s increasing fee generation on the network emerging as a key catalyst for a possible ETH/SOL breakout.

Final Summary Robinhood has flipped Solana in daily DEX volume, putting Solana’s dominance under pressure. Robinhood’s growing activity on Ethereum could strengthen ETH and support an ETH/SOL breakout.

Cathie Wood’s ARK Invest was on the case to jump in and buy the dip on Sept. 4, Inc. has added shares of Robinhood Markets and the 3iQ Solana Staking ETF. The purchases came as stronger-than-expected U.S. jobs report that resulted in a selloff across Wall Street and fueled rising expectations that the Federal Reserve will raise rates once again.

Cathie Wood Acquires More Robinhood Stock, Solana ETF Cathie Wood-led ARK’s latest daily trading disclosure reveals that the firm’s ARK Genomic Revolution ETF (ARKG) added 28,589 shares of Robinhood Markets (NASDAQ: HOOD). The deal was valued at about $3.49 million based on the closing price of the stock at $122.11.

ARK also increased its exposure to Solana through the 3iQ Solana Staking ETF (TSE: SOLQ.U). The ARK Fintech Innovation ETF (ARKF) purchased 1,607 shares and the ARK Next Generation Internet ETF (ARKW) purchased 1,785 shares. With SOLQ.The $8.29 closing price for U came to about $28,120 in the combined purchase of 3,392 shares.

In addition to those acquisitions, Cathie Wood’s ARKG ETF acquired 22,144 shares of Veracyte and 28,720 shares of Intellia Therapeutics. ARKF also purchased 2,466 shares of Intellia Therapeutics and ARKK acquired 12,300 shares of Twist Bioscience. The ARKK fund’s flagship fund also divested itself of its holdings in Tempus AI, selling 20,180 shares.

U.S. Jobs Data Weighs On The Market Investors responded to fresh U.S. labor market data that changed interest-rate expectations while Cathie Wood’s buying activity increased. Nonfarm payroll rose by 162,000 in August, nearly tripling the expected level of 55,000, and the unemployment rate held steady at 4.1%, the Labor Department reported. The robust employment report added fuel to the fire and raised investors’ hopes the Federal Reserve will increase interest rates during its September policy meeting.

The U.S. stock market suffered with a downward trend driven by a change in rate expectations. The Dow Jones Industrial Average fell 271.86 points, or 0.51%, to 53,414.25. Investors shunned growth stocks in the wake of the payrolls report, pushing the S&P 500 and the Nasdaq Composite down 0.38% to 7,718.60 and 0.29% to 26,506.99, respectively.

Solana has announced that the ARB token is now available to trade on its network through Sunrise, expanding the options for ARB holders and traders. The move has drawn renewed attention to how trading fees and execution quality are compared across blockchains, especially amid ongoing disagreement between key industry figures.

Sunrise ARB listing sparks debate over fees and executionThe ARB token, which is native to the Arbitrum blockchain, can now be accessed and traded directly on Solana’s network via the third-party application Sunrise. Solana is promoting this listing by highlighting what it describes as tighter spreads and significantly lower fees for ARB trades compared to Arbitrum. These claims have intensified competition and discussion about transaction costs between rival blockchains.

Steven Goldfeder, CEO of Offchain Labs, which is the technology company behind Arbitrum, has responded to these comparisons by cautioning against drawing conclusions solely from outward fee structures. Goldfeder stressed that calculating true transaction costs should include protections against harmful trading behaviors such as frontrunning and various forms of maximal extractable value (MEV).

Goldfeder emphasized that comparing on-chain trading costs is not straightforward, as factors like protection against hidden execution costs and malicious trading practices can have a significant impact on users, beyond just network and liquidity provider fees.

Anatoly Yakovenko, cofounder of Solana, countered Goldfeder’s position by asserting that Arbitrum generally faces “worse spreads and higher fees” compared to Solana routes. Yakovenko cited figures suggesting a roughly tenfold difference in costs, though he clarified that these numbers represent his own assessment and not a guarantee for every ARB transaction on either network.

Trading costs on decentralized exchanges often include not just the base network fee, but also liquidity provider charges and price slippage. Solana documentation notes both base transaction fees and optional priority fees, which together contribute to the total spent by ARB traders. The absence of a standardized fee schedule makes it important for users to compare actual order execution results across platforms.

Founded in 2020, Solana is a high-speed, proof-of-stake blockchain claiming to offer fast settlement and low fees. Sunrise is an application that facilitates cross-chain asset listings and enables users to interact with tokens from multiple ecosystems within one interface.

Mini dictionary: Maximal extractable value (MEV) refers to the extra profit that can be made by miners or validators when they reorder or include certain transactions within a block, often at the expense of regular users by capturing arbitrage or frontrunning opportunities.

SOL price, volume jump as technical levels take focusThe news of ARB’s arrival via Sunrise comes as SOL, Solana’s native token, trades at $106.02, reflecting a 2.5% increase over a 24-hour period. SOL’s trading volume rose 63.8% in the same timeframe to $3.49 billion, though there is no direct evidence that the ARB listing was the catalyst for these changes in price and volume.

Recent technical analysis places immediate support level for SOL near $105, while overhead resistance has been identified at $107.37. Upside from $106.02 to the resistance would represent just over 1%. However, if the price falls below $104.94, the short-term recovery outlook could weaken.

Solana continues to see heightened activity, but interpreting a surge in trading volume requires caution, as increased turnover may signal greater trading but does not confirm new liquidity entering the $SOL market.

The $3.49 billion figure references SOL token trading activity, not necessarily total turnover for the Solana blockchain or the ARB token specifically. Higher trading volume reflects more frequent buying and selling but does not always indicate net capital inflows.

With immediate support and resistance levels tightly grouped, traders are watching closely for a potential breakout or further decline. Market participants are also waiting to see if ARB trading on Solana will attract sustained interest or impact long-term liquidity for either asset.

LevelValueCurrent SOL price$106.02Support$105.00Resistance$107.37Trading Volume (24h)$3.49 billionKey price risk level$104.94Overall, industry figures remain divided on the best way to measure trading costs, with Solana and Arbitrum advocates each defending their network’s approach. The debate has highlighted the complexity of comparing user experience and cost efficiency across blockchains as multi-chain asset access expands.

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

There is no dedicated spot ETF for Shiba Inu in the United States yet, but while it waits for this milestone, it expands its footprint through a European exchange-traded product, regulated access in Japan, and newly available futures exposure in Canada.

Mazrael, a longstanding Shiba Inu community member, noted this fact in response to a question about the current status of a Shiba Inu ETF.

Good question. Where SHIB actually stands:

🇺🇸 US T. Rowe Price's TKNZ (NYSE Arca) was SEC-approved June 2026. Actively managed basket, 5–15 assets. SHIB is one of 18 named eligible assets in the July prospectus.

🇪🇺 Europe Valour SHIB ETP is live and tradeable: ticker 1VBS, ISIN…

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— Mazrael.shib (@Mazrael_shib) September 5, 2026 Mazrael said that while SHIB doesn't have an ETF yet, it is "well on track." He cited various developments as evidence that Shiba Inu is on the right road despite the lack of a dedicated ETF.

Shiba Inu well on trackMazrael highlighted that Shiba Inu was among eligible assets named in the prospectus of T. Rowe Price's TKNZ, which the SEC approved in June 2026. According to T. Rowe Price's S-1 filing, the ETF could hold several cryptocurrencies but will not hold all of these assets at once. Under normal circumstances, the ETF plans to maintain between five and fifteen crypto assets at a time, using an active management strategy rather than tracking a single token or passively following a benchmark.

The T. Rowe Price ETF launched with eight coins excluding SHIB: Bitcoin, Ethereum, BNB Chain, Solana, XRP, Chainlink, Dogecoin, and Cardano.

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In a separate development, Laser Digital Japan, the Japanese entity of Nomura's digital assets subsidiary, Laser Digital, announced in August that it had completed its registration and was authorized to operate as a crypto asset exchange service provider under Japan's Payment Services Act. The development could boost Shiba Inu's status in Japan, as it is among the six crypto assets listed by the exchange.

In Europe, Valour SHIB ETP has launched and is tradable. In another development, Coinbase introduced regulated crypto futures trading to eligible Canadian clients through its CFTC-registered futures arm. The offering includes 23 crypto futures contracts; among them is Shiba Inu (SHIB).

Mazrael sums up these developments, saying, "One live ETP in Europe, one approved US ETF that can hold it, regulated spot access in Japan. Doge got its dedicated spot ETFs first. SHIB's route in was the commodity classification. Oh, and futures that just opened in Canada. No ETF yet. But well on track."

Jiang Zhuoer explained the reason for liquidating his BTC positions: a pullback may occur, with the price potentially dipping to hit the concentrated liquidation zone at $76,000.

Jiang Zhuoer, founder of BTC.TOP (Laibit Mining Pool), noted in a post that since Bitcoin (BTC) rallied sharply on August 20, the market has not seen a significant correction. The market remains in the early phase of a bull market rife with distrust and skepticism, with many investors harboring deep fears of steep price crashes. The concentrated liquidation zone around $76,000 on the heatmap is larger than the zone around $83,000 higher up. He argued that the market is more likely to test the lower liquidation zone, and this "magnetic effect" was the main reason he sold his entire BTC position at $82,000 two days ago.

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A crypto whale shorted ZEC and HYPE, incurring an unrealized loss of nearly $20 million.

Onchain Lens monitoring shows a large whale transferred $10.2 million from a centralized exchange (CEX) to Hyperliquid two days ago, then added an extra deposit of $4.5 million in USDC. The whale currently holds short positions totaling $106.6 million, with an unrealized loss of $19.62 million. Among these, ZEC short positions have an unrealized loss of $14.19 million, while HYPE short positions carry an unrealized loss of $5.32 million. Over the past 20 days, the whale has accumulated a total loss of $20.17 million.

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Per GMGN market data, STONK, the token of Solana-based token launch platform StonkFun, briefly broke through $180 million in market capitalization to hit an all-time high. It is currently trading at $170 million, with a 24-hour increase of 434% and trading volume of $71 million over the same period. BlockBeats reminds users that related tokens have high price volatility, so investment should be approached with caution.

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Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.

Harmony announced plans to fully shut down its network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may cease operating nodes starting at 7 AM Pacific Time on September 10, 2026. The project will pivot its focus to the "AI video secondary creation economy": it plans to open prompts and materials for creators and fans to produce secondary works, with AI agents expanding content branches into more stories. For the migration, a snapshot will be taken at the network’s final block, and new ONE tokens will be airdropped to corresponding Ethereum wallet addresses (no active claim required). Delegated staking and unclaimed rewards will be transferred to each governor’s treasury. Multisig wallets, liquidity pools, and on-chain applications cannot be migrated; Harmony urges users to exit all smart contracts by September 10, 2026. Regarding the AI video business, Harmony is recruiting operators responsible for video generation, media distribution, and content moderation. In the first year, the platform will subsidize hardware costs and boost video generation demand. Operators must stake tokens to qualify, earn rewards based on service uptime, and cover other operational costs. The platform will also track and incentivize contributions to original works, secondary creations, and promotion. Harmony will provide a total one-time compensation of $1.372 million to validators and their delegates who shut down nodes on time, sign relevant agreements, retain staking, and continue participating in governance, with the compensation disbursed over four quarters. The total supply and issuance rate of ONE will remain unchanged; future token issuance will be allocated to the AI video project, with related arrangements to be made after soliciting feedback from governors.

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Harmony plans to shut down its mainnet, migrate its ONE token to Ethereum, and pivot to the AI video secondary creation economy.

Harmony announced in a post that it plans to fully shut down its Harmony network and migrate its native token ONE to Ethereum, citing excessive threats from state-sponsored attackers and AI agents. Per the proposal, validators may stop operating nodes starting at 7:00 AM Pacific Time on September 10, 2026, as the project shifts its development focus to the "AI video secondary creation economy". The migration plan will take a snapshot at the network’s final block, with new ONE tokens airdropped automatically to corresponding Ethereum wallet addresses—no action is required from holders. Delegated staking and unclaimed rewards will be airdropped to each governor’s treasury. Harmony noted that multi-signature wallets, liquidity pools, and on-chain applications cannot be migrated, urging users to exit all smart contracts before September 10. Relevant token contracts, snapshot calculations, and airdrop scripts will be made public for auditing. The project also plans to launch a one-time compensation program totaling $1.372 million, available to validators and their delegates who shut down nodes on schedule, sign the agreement, retain staked assets, and continue serving as governors, with payments distributed over four quarters. The total supply and issuance rate of ONE will stay unchanged; future minted tokens will be allocated to new AI video projects, subject to feedback from governors.

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