Stablecoin Supply and DeFi Activity Pick UpFresh on-chain data points to a meaningful uptick in activity across @Algorand. The stablecoin market cap on the network rose 12.66% over the past week to $45.22M, with $USDC accounting for nearly 96% of that total supply.
DeFi total value locked (TVL) on the chain climbed 5.13% in 24 hours to $38.42M, reflecting a broader trend of capital re-engaging with the network after softer months through mid-2026.
DEX Volume Surges, Folks Finance Leads LendingDecentralized exchange activity has seen a sharp rebound. DEX volume on Algorand jumped 70% week-on-week to $6.46M, a notable acceleration that suggests traders are becoming more active on-chain.
Folks Finance, the leading lending protocol in the Algorand ecosystem, added further momentum. Its TVL rose 13.77% over the same seven-day period, according to DeFiLlama data. The protocol has expanded beyond Algorand as well, with a cross-chain lending product covering networks including Avalanche, Ethereum, and BNB Smart Chain.
Taken together, the data paints a picture of renewed momentum on Algorand: stablecoin supply is growing, DEX traders are returning, and the network's primary lending protocol is attracting fresh capital. Whether these weekly gains translate into a sustained trend will depend on broader market conditions and continued developer activity on the chain.
Sources:
DeFiLlama: Algorand Stablecoins Market Cap
DeFiLlama: Folks Finance TVL
Algorand Foundation: August 2026 Algo Insights Report
Bitwise spustil první americké spotové ETF na NEAR, které se začalo obchodovat na NYSE Arca 29. září pod tickerem NRR. NEAR přitom za 24 hodin klesl o 4,62 % na zhruba 4,97 USD.
NEAR Protocol Price traded near $4.97 on September 29, down 4.62% over 24 hours.
NEAR price gained more than 15% this week. The token held above $4.90 as Bitwise introduced the first U.S. spot exchange-traded product tracking NEAR.
The broader crypto market rose 0.69% to $2.9 trillion during the same period. Bitcoin hovered around $84,000, Ether traded near $2,700, XRP stood above $1.50, and Solana price held above $120. That firmer backdrop offered some support, although NEAR still faced selling pressure around the $5.00 level.
Bitwise Launches First Spot ETF Bitwise said its NEAR ETF began trading on NYSE Arca on September 29 under the ticker NRR. The product holds NEAR directly, giving shareholders exposure through a conventional brokerage account. Shares trade during regular exchange hours. Its annual management fee is 0.75%, according to the fund manager.
Bitwise also intends to stake the fund’s tokens through its own institutional team. The company cited a current network staking rate of approximately 5%, though actual rewards can change. Those rewards accrue to the fund’s value instead of providing shareholders with a fixed cash payment.
The Bitwise NEAR ETF ($NRR), the first spot $NEAR ETP in the US, is now trading on NYSE Arca.
It gives institutions straightforward access to the protocol powering universal markets, the privacy renaissance, and user-owned AI. https://t.co/qqraopVABm pic.twitter.com/IwiqcZqohh
— NEAR Protocol (@NEARProtocol) September 29, 2026
The launch extends Bitwise’s single-asset lineup beyond Bitcoin and Ether to several other crypto assets. Its existing products include funds tied to Solana, XRP, and Hyperliquid. Still, the listing alone does not establish how much fresh capital NRR will attract.
Bitwise has emphasized NEAR’s role in transactions involving artificial intelligence agents. The company said NEAR Intents has processed more than $32 billion in cumulative volume. That compares with less than $1 billion roughly one year earlier, according to Bitwise.
NEAR Protocol Price Prediction: Will $5.00 Open a Move Toward $6.00? A four-hour reading placed NEAR around $4.93, with its active candle up 0.35%. The smaller rebound followed a sharp September advance from roughly $2.00 to above $5.00. Traders now face a test of whether that earlier climb can hold after the latest pullback.
A sustained four-hour close above $5.00 would improve the case for another challenge of $5.30. Clearing that recent high could then bring the marked $6.00 target into view as per the future NEAR outlook.
Source: TradingView The four-hour relative strength index stood at 51.57, close to neutral territory. Meanwhile, the MACD line remained below its signal line, and the histogram stayed negative.
If NEAR Protocol Price cannot reclaim $5.00, attention shifts toward the recent $4.70 area. A break beneath that level could expose support around $4.50.
Solana v září zaznamenala 7 699 aktivních protokolů a 16,10 milionu financovaných peněženek, což je meziměsíčně o 38,5 % více. Denní aktivní adresy pro stablecoiny vyskočily na 888 000, meziročně o 269 %.
Solana’s monthly active programs hit 7,699 in September, a figure that quietly tells a bigger story about the network’s expanding footprint. Data from Solscan shows that funded wallets on Solana surged to 16.10 million in September, representing a 38.5% increase from the prior month. Daily active addresses for stablecoins reached 888,000, a 269% jump year-over-year.
What counts as an active program The 7,699 figure represents programs that recorded at least one successful interaction during September. Think of Solana programs as the network’s version of smart contracts: pieces of on-chain code that do things when users poke them. Out of approximately 42,470 to 42,633 total programs deployed on the network, only 3,118 carried an “active” label based on sustained user interaction.
The breakdown by category reveals where the real action is happening. Arbitrage and sandwich bots led the pack with 877 programs. DeFi applications came in at 315, followed by cross-chain bridges at 288, gaming and casino projects at 222, and swap protocols at 168.
Among the most active individual programs over the trailing 30 days were Pump.fun AMM and Jupiter Aggregator v6. Jupiter has long been Solana’s dominant DEX aggregator, routing trades across multiple liquidity sources.
The wallet and stablecoin story The jump to 16.10 million funded wallets in a single month suggests a meaningful wave of new capital entering the Solana ecosystem. A funded wallet, by definition, holds some amount of SOL or SPL tokens.
Daily active addresses hitting 888,000 with a 269% year-over-year increase signals that Solana is becoming a preferred rail for dollar-denominated transactions.
What the sandwich bot dominance reveals The fact that arbitrage and sandwich bots represent the single largest category of active programs is worth sitting with for a moment. These programs front-run user transactions for profit. With 877 such programs active, Solana’s MEV economy is thriving. Solana’s low fees and fast block times make it especially attractive for these strategies, since the cost of failed attempts is negligible.
The dominance of MEV bots in the active program rankings also suggests that a nontrivial portion of Solana’s transaction count is driven by automated extraction rather than organic user activity.
Competitive positioning The diversity of active program categories, spanning DeFi, gaming, cross-chain infrastructure, and trading tools, indicates the network isn’t overly dependent on a single use case. With roughly 42,500 total programs deployed, the network has a substantial base of code to build on, even if most of it sits dormant. The ratio of active to deployed programs, roughly 18% using the 7,699 figure, compares favorably to most smart contract platforms where the vast majority of deployments never see sustained use.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Metaplex představil MPL-3643, nový standard pro tokenizované cenné papíry a reálná aktiva s povolením na Solaně s vestavěnými kontrolami souladu. Od spuštění má fungovat s Orca, Raydium, Jupiter, Phantom a Solflare.
Metaplex, the protocol best known as the backbone of Solana’s NFT ecosystem, is making its boldest move yet into regulated finance. The organization has launched MPL-3643, a new token standard designed specifically for permissioned real-world assets and tokenized securities on Solana.
The standard provides issuers with onchain compliance controls covering investor eligibility verification, jurisdictional limits, lockup periods, and transfer restrictions.
What MPL-3643 actually does The standard is modeled after Ethereum’s ERC-3643, which has become the go-to framework for compliant tokenized securities on that chain. MPL-3643 brings equivalent functionality to Solana, built natively on the network’s architecture.
Under the hood, it leverages three pieces of existing Solana infrastructure: the Token-2022 program, the Solana Attestation Service, and sRFC 37. Together, these components handle compliance enforcement without piling on significant per-transaction costs.
One of the more practical design choices is support for reusable investor verifications through partnerships with trusted identity services. Once an investor completes a compliance check, that verification can be used across multiple token offerings.
Stephen Hess, Metaplex’s founder, has emphasized that the goal is creating a compliance framework that doesn’t break Solana’s composability.
MPL-3643 will work with Orca, Raydium, Jupiter, Phantom, and Solflare from launch. Compliant assets can plug into existing trading venues and wallet infrastructure rather than being confined to bespoke platforms.
From NFTs to regulated securities Metaplex launched in 2021 as Solana’s foundational layer for digital assets, primarily focused on NFTs. The protocol powered the minting, trading, and metadata standards that defined Solana’s NFT ecosystem.
MPL-3643 is currently in a limited-access alpha phase. Issuers and developers can request access through Metaplex’s website, but broad public availability hasn’t been announced yet.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Celková uzamčená hodnota (TVL) v DeFi na Solaně se po dvou měsících růstu o 38 % vrátila na 6,5 miliardy dolarů, nejvýše od hacku Drift Protocol. Tahounem je hlavně Sanctum s TVL přes 2,24 miliardy dolarů.
Buoyed by rising prices and booming market activity, Solana DeFi is well and truly on the road to recovery.
After climbing 38% and amassing just under $2B in two months, Solana DeFi TVL has returned to its highest level since the devastating Drift Protocol hack, which saw $285M, and confidence in DeFi security, flood out of the network.
Which DeFi protocols are leading the charge and bringing capital back to Solana?
Solana DeFi TVL Returns to Pre-Drift Hack Levels Almost 6 months after one of the largest protocol hacks in Solana history, DeFi users are once again showing high trust in the onchain economy. Climbing over 38% in the past two months, Solana DeFi TVL has risen to $6.5B, marking its highest point since the Drift Protocol hack, an event that triggered deposit flight across the network.
After wallowing in a pit of price-induced despair for many months, Solana DeFi is enjoying its own renaissance. Alongside rising TVL, Solana monthly DEX volume is back to levels not seen since February, driven largely by a recent surge of memecoin activity among the network’s more speculative traders.
Naturally, much of Solana’s TVL growth is driven by rising $SOL prices. In the last two months, $SOL has climbed over 63%, rising from $73 to currently exchange hands at $118. During the same time period, the network’s $SOL-denominated TVL has slumped 15.9%, falling from 65.1M $SOL to 54.7M $SOL.
While the 15.9% decline looks concerning on paper, the fall is likely due to the speculative fervor sweeping the chain. After months of generating slow yield through Solana’s various DeFi apps, network participants are freeing up liquidity to trade rising volatility in onchain markets.
Sanctum Leads Rankings Despite Declining Liquid Staking Rates Having flipped former leaders Kamino and Jupiter earlier this year, Sanctum has established itself as Solana’s largest source of TVL. According to DefiLlama, Sanctum has amassed over $2.24B in TVL, climbing over 19.9% in the last 30 days.
Sanctum’s growth trajectory has been relentless. Solana’s largest Liquid Staking infrastructure provider, Sanctum’s $SOL-denominated TVL has consistently trended upwards in perpetuity, rising to over 18.78M $SOL.
Sanctum’s impressive growth comes in the face of a declining liquid staking rate across the wider network. According to Blockworks data, the share of staked $SOL that is currently liquid has dropped from over 15.7% in January to 12% today.
On the DEX front, Raydium boasts a strong lead in TVL terms. Blockworks reports that Raydium’s current TVL sits at just over $683M, considerably higher than rivals Meteora and Orca, with $332M and $303M, respectively.
Arguably, the difference comes from Raydium’s deep and expansive memecoin liquidity. Prior to the launch of PumpSwap, Raydium’s AMM served as the final destination for all graduating pump launches, making it the default trading venue for some of the network’s most iconic memes. More recently, tokens launched through Stonk have also found a home on Raydium, adding to its memecoin orbit.
Beyond memes, Raydium’s CLMM has more recently emerged as the primary venue for tokenized stocks, commodities, and other Foreign L1 assets.
This emerging trend is further reflected in Raydium’s recent revenue growth. According to 0xInfra, ~46% of Raydium’s trading revenue now comes from tokenized assets.
Read More on SolanaFloor Pump is back in the driver’s seat
Bitget vyzval THORChain, aby zablokoval adresy spojené s hackem za zhruba 387,5 milionu USD. Spor otevírá otázku, kdo má nést odpovědnost, když ukradené prostředky putují přes více blockchainů.
THORChain is being asked to block stolen funds. Why isn’t the same demand being made of the blockchains carrying them?
Summary
Bitget has called on THORChain to block addresses linked to its $387.5 million hack, raising questions over whether permissionless networks should intervene when stolen funds pass through them. The stolen assets moved across several blockchains and services, including Ethereum, BNB Chain and THORChain, before portions were converted into Bitcoin. THORChain can halt trading in emergencies, but broader intervention could disrupt legitimate users and require independent node operators to enforce new transaction restrictions. Investigators have traced attacker controlled addresses across eight networks, showing that public transaction records can remain useful even as stolen funds move between chains. Bitget has every reason to pursue the people behind its recent hack and recover the money. The exchange now puts the loss at approximately $387.5 million, and its users deserve restitution. The pressure being applied by Bitget and some inside the industry, however, raises questions about how responsibility gets assigned once stolen money starts moving.
Last week, Bitget CEO Gracy Chen asked THORChain to refuse service to identified attacker addresses. THORChain responded by pointing to Bitcoin, Ethereum and BNB Chain: what responsibility should those networks bear when the same stolen assets pass through them?
Crypto has spent years defending infrastructure that operates without discretionary gatekeepers. After a major theft, some panic and that infrastructure suddenly faces demands to acquire those powers. The industry needs a consistent explanation for where it draws the line.
The same money crossed other networks According to Bitget’s account, the attacker exploited a vulnerability in a third-party security product, obtained internal credentials and submitted fraudulent withdrawal commands. The exchange says its private keys and cold wallets were unaffected.
The assets subsequently travelled through multiple networks and services.It was traced on BNB Chain and Ethereum through THORChain into Bitcoin. Those underlying blockchains continued processing transactions as the funds moved between attacker-controlled wallets.
The question posed to those within crypto is if Bitcoin miners and Ethereum validators reject those proceeds too? Treating transaction processing as endorsement of theft would extend responsibility across much of the infrastructure the attacker touched. Calling for selective intervention at the swap layer demands a stronger justification than the fact that the transaction was visible there.
THORChain is not identical to a base-layer blockchain. More specifically, it operates liquidity pools and vaults secured through threshold signatures, with groups of independent node operators authorizing outbound transactions. It does not give a single executive the power to suspend a customer.
A network halt is not an account freeze THORChain’s governance process puts protocol changes through development, review and node adoption. A durable, protocol-wide wallet blacklist would require enforcement rules and sufficient participation from independent operators. Bitget is asking for a change to the network’s transaction rules, with consequences beyond this attacker.
Emergency controls also exist. THORChain describes chain-specific trading halts, signing halts and network-wide trading halts. A global trading halt stops swaps across every connected chain, interrupting legitimate users and the swap fees their activity generates. Narrower halts still affect everyone using the relevant chain.
Using those emergency powers whenever externally stolen funds arrive would give them a broader purpose. But realistically the case for doing so needs to account for the ordinary users caught in the shutdown, alongside the conditions for restarting.
Blocking one route leaves plenty of others Roughly a dozen services were identified after the theft, including Uniswap, MetaMask Bridge and Swaps, LI.FI, Across, Stargate, deBridge, Relay, Mayan, Celer, PancakeSwap, and Circle’s Cross-Chain Transfer Protocol. These were routes used after the compromise, not the source of it.
Blocking one venue could delay an attacker or increase costs. It would not eliminate alternative routes, establish control over funds elsewhere or guarantee recovery. Permanent screening would also require decisions about who maintains the blacklist, what evidence qualifies and how mistakes are corrected. Those powers carry huge consequences for a permissionless network.
Meanwhile, public records are helping investigators. 28 attacker-controlled addresses were mapped across eight networks within hours. THORChain’s public transaction data gives investigators a trail to follow without requesting access to a private exchange ledger.
A portion of the funds were traced through TRON, Ethereum and THORChain into Bitcoin, then linked roughly four BTC to a Wasabi CoinJoin transaction. In that documented sequence, investigators followed the cross-chain swaps; the later CoinJoin complicated the connection between inputs and outputs. Passing through THORChain had not erased the trail.
For an industry with decentralization at its core, a practical division of responsibilities would be between independently operated infrastructure, public transaction records and intervention where assets can actually be controlled. Cooperation should be judged by better tracing, faster identification and money recovered.
Bitget deserves support in pursuing the stolen funds. Requiring an open network to become a discretionary gatekeeper is not a sustainable or practical answer. The question here is how many innocent users would pay for it.
September 29, 2026 — WOO X, a leading global digital asset exchange, today officially announced the launch of WOO X EU, a dedicated trading platform custom-built to operate in alignment with Europe’s Markets in Crypto-Assets (MiCA) regulation. The rollout is supported by WOO X’s strategic collaboration with Payward Services, the B2B infrastructure platform from Payward, subject to the parties’ respective operating roles and applicable regulatory requirements.
Elevating asset safety under MiCAThe launch of WOO X EU marks a pivotal milestone in WOO X’s global expansion strategy. Built from the ground up around Crypto-Asset Service Provider (CASP) standards, WOO X EU establishes a compliant gateway for European retail and institutional traders seeking high-performance execution within a legally protected framework.
Key highlights of the WOO X EU platform include:
Customer-asset safeguarding: Customer assets are subject to segregation and safeguarding arrangements designed in accordance with applicable requirements. Details of the applicable arrangements, supported assets and user protections are available in WOO X EU’s terms and disclosures.EEA market readiness: WOO X EU is designed to support a consistent user experience for eligible users in supported EEA jurisdictions. Service availability varies by jurisdiction, product and applicable requirements.Enterprise security infrastructure: Supported by battle-tested B2B infrastructure and custody rails designed to meet strict European operational risk standards.WOO X EU is now open for account registration by eligible users in supported European Economic Area (EEA) jurisdictions, subject to identity verification, product availability and applicable legal and regulatory requirements. As part of the initial launch phase, deposits and withdrawals are officially live, allowing users to onboard, complete identity verification, and fund their accounts ahead of the platform’s upcoming spot trading rollout.
Phased rollout: Deposits live, spot trading coming soonTo ensure an ultra-smooth onboarding experience, WOO X EU is executing a phased operational rollout. Effective immediately, European traders can register their accounts, pass streamlined identity verification, and initiate crypto and fiat deposits and withdrawals.
This foundation prepares the platform for the second phase of the rollout: the launch of WOO X EU Spot Trading, which will give European users access to deep institutional liquidity, tight bid-ask spreads, and millisecond execution speeds on major trading pairs.
About WOO XWOO X is a leading global centralized digital asset exchange built by traders, for traders. Backed by YZi Labs (formerly Binance Labs) and engineered by a premier team of quantitative traders, engineers, and technologists originating from top-tier Web2 and Web3 projects, WOO X delivers an elite trading environment tailored for both retail and institutional investors. The platform is globally recognized for its superior trade execution, offering deep aggregated liquidity, ultra-tight spreads, and zero-slippage execution.
Prioritizing user trust and platform integrity, WOO X features an industry-first, live-updating Proof of Reserves and Liabilities transparency dashboard. The exchange offers advanced trading architecture, fully customizable workspaces, and professional-grade infrastructure that supports flexible, professional withdrawal standards alongside top-tier asset custody solutions. Driven by a corporate culture of compliance, technical excellence, and relentless innovation, WOO X continues to pioneer transparent, high-performance trading environments for the global digital asset ecosystem. For more information, visit https://wooxeu.io/; https://www.wooxpro.com/ ; https://woox.io/
About Payward ServicesPayward Services is the B2B infrastructure platform built on 15 years of operating Kraken, one of the world’s largest crypto platforms. Through a single integration, partners can access crypto and tokenized equity trading, fiat and stablecoin payments, yield, lending, prediction markets and derivatives. Fintechs, banks, brokerages, payment providers, exchanges, consumer tech platforms and asset managers can use Payward Services to offer digital assets to their clients without building the stack themselves.
Liquidity, custody, payments, compliance, risk and settlement are integrated by design, replacing fragmented multi-vendor stacks with a single regulated foundation. Partners build on the same infrastructure that powers Payward’s family of products, deployed as modular services they can scale alongside their own.
For more information, visit https://www.payward.com/payward-services.
Risk disclaimer
The content above is for general informational purposes only and does not constitute investment advice, a recommendation, solicitation, or offer to buy or sell any product or service.
Cryptocurrencies and related instruments involve significant risks, including extreme volatility. You should carefully consider your investment objectives, experience, and risk tolerance before engaging in any crypto-related activities. We strongly recommend consulting a qualified independent financial advisor before making any decisions.
WOO shall not be liable for any direct or indirect loss or damage arising from the use of or reliance on this information.
Nothing in this article creates or implies any partnership, joint venture, agency, or other legal relationship between WOO and its collaborators. Each party remains fully independent and responsible for its own actions and risks. This content does not guarantee any business outcomes, success, or profitability.
This publication is provided by the client. The text below is a paid press release that is not part of Cointelegraph independent editorial content. The text has undergone editorial review to ensure quality and relevance, it may not reflect the views and opinions of Cointelegraph. Readers are encouraged to conduct their own research before taking any actions related to the company. Disclosure.
Beldex spustil grantový program za 1 milion USD na podporu vývoje aplikací, nástrojů a infrastruktury zaměřených na ochranu soukromí. Financování bude vypláceno postupně podle splněných milníků.
Beldex, a privacy-centric blockchain ecosystem, announces the establishment of the Beldex Grants Program, a $1 million fund dedicated to fostering the development of privacy-preserving applications, tools, and infrastructure. The program operates as an ongoing initiative with flexible funding cycles, allowing developers globally to submit proposals based on project readiness rather than arbitrary deadlines.
The Beldex Grants Program was announced during Korea Blockchain Week 2026 in Seoul. The program is open to developers and teams worldwide, supporting the development of privacy-preserving applications, tools, and infrastructure.
Beldex has historically focused on building its own privacy infrastructure and applications, including BChat, BelNet, BNS and the Beldex Browser. The Grants Program marks the next stage in that evolution, opening Beldex infrastructure to external developers and supporting a broader ecosystem of privacy-preserving applications, integrations and tooling
Cris Blanco, Chief Strategy Officer at Beldex, said:
“Beldex has spent years building privacy infrastructure and products. The next phase is about opening that foundation to developers and growing an ecosystem beyond what Beldex builds itself. We don’t expect the most important privacy applications of the future to all come from inside one organisation. The Grants Program is about giving builders the infrastructure, support and capital to take those ideas from concept to production.”
The $1 million allocation is not divided into fixed tranche amounts. Instead, grant sizes are determined individually based on the scope of the proposal and the complexity of the required deliverables. The program accepts applications for:
Privacy-Preserving Applications: Consumer and enterprise applications spanning areas such as private payments, identity, communications, networking and other privacy-focused use cases.
Infrastructure, Research & Tooling: Core protocol contributions, developer tooling, SDK enhancements, privacy-focused middleware, and research that can advance Beldex’s privacy stack.
Integration & Interoperability: Integrations, wallet extensions and interoperability layers that connect applications and external ecosystems to Beldex infrastructure.
Applications are evaluated on five distinct criteria: innovation in privacy architecture, technical feasibility, potential ecosystem impact, adherence to security standards, and the clarity of proposed milestones. To ensure fiscal responsibility and project momentum, funding is released incrementally upon the verification of specific deliverables.
Depending on the nature of the project, milestone-based funding may include stages such as:
Prototype: A functional proof-of-concept demonstrating core privacy features.
Testing: Deployment, integration and testing in an appropriate test environment, including the Beldex testnet where applicable.
Mainnet/Production: Mainnet launch or production deployment, where applicable.
Chairman Afanddy Bin Hushni of Beldex, said:
“We are not interested in handing out lump sums and hoping for the best. Funding is tied to clear, verifiable milestones, so ambition is matched by real delivery. The goal is simple: help strong teams turn promising ideas into technology people actually use”
The program provides direct technical integration support. Selected grantees receive access to Beldex’s Software Development Kits (SDKs), detailed wallet extension integration guides, and priority access to core repository maintainers via GitHub. This support structure is designed to reduce the engineering overhead typically associated with implementing zero-knowledge proofs (ZKPs) and ring signatures in custom applications.
Proposals are accepted via the official Beldex application portal, which will go live concurrently with the announcement at Korea Blockchain Week. Applications are accepted on a rolling basis rather than through fixed hackathon or cohort deadlines, allowing teams to apply when their projects are ready for funding. Grants will be awarded while program funding remains available and proposals continue to meet the program’s technical and delivery criteria.
For more information on the Beldex Grants Program, including the application form and technical documentation, please visit beldex.io/grants.
ENDS
CEO Ondo Perps David Wells označil USA za velkou příležitost pro perpetual futures, ale spuštění na americkém trhu nepotvrdil. Platforma mezitím překročila 8 miliard USD v kumulovaném objemu obchodů.
Ondo Perps CEO David Wells has flagged the US as a significant opportunity for perpetual futures trading, though he stopped short of confirming any plans to bring the platform stateside. The comment comes as the offshore platform, which launched its phased rollout earlier this year, continues to rack up impressive volume numbers from its non-US user base.
Ondo Finance and Oasis Pro recently sent letters to both the SEC and CFTC arguing that cash-settled perpetual futures can fit within the existing US regulatory framework, no new legislation required.
The offshore engine is humming Ondo Perps, operated through Ondo Global Panama Inc., has carved out a niche offering 24/7 leveraged trading on US equities, ETFs, indices, and commodities. The platform supports up to 20x leverage and accepts tokenized securities and stablecoins as collateral.
By mid-August, the platform had surpassed $8 billion in cumulative trading volume. For a platform that only began early access in March 2026, opened its public beta in June, and rolled out full features in July, that adoption curve is steep.
On September 28, Ondo Perps expanded further by launching spot trading for 12 tokenized stocks and ETFs, including tickers like NVDAon, TSLAon, and SPYon. The platform waived trading fees for the first 30 days to encourage buy-and-hedge strategies among early adopters.
The regulatory play In August, Ondo Finance and Oasis Pro formally petitioned US regulators, making the case that cash-settled perpetual futures don’t require a new legal framework. Their argument: the existing securities law structure can accommodate these instruments if regulators are willing to interpret it that way.
The platform remains explicitly off-limits to US persons and users in certain other jurisdictions. That’s a compliance firewall Ondo has maintained from day one, and it’s unlikely to come down without clear regulatory blessing.
What this means for the tokenization race Ondo Finance’s broader ecosystem provides a structural advantage. The company’s existing infrastructure for tokenized securities gives Ondo Perps a collateral layer that competitors would need to build from scratch. Traders can pledge tokenized assets as margin, creating a capital-efficient loop between spot holdings and leveraged positions.
Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.
Ondo Finance a Kakaopay Securities podepsaly MOU o mezinárodní distribuci korejských akcií a společném vývoji tokenizační infrastruktury. Cílem je rozšířit přístup zahraničních investorů ke korejským cenným papírům.
Ondo Finance is partnering with Kakaopay Securities to facilitate the international distribution of exposure to Korean listed equities. As global investor interest in Korean companies continues to grow, the partnership is expected to expand the overseas investor base for Korean equities through the distribution network of the world's largest tokenized equity platform.
The companies signed an MOU at Kakaopay Securities' headquarters in Pangyo on September 28, with key executives from both organizations in attendance, including Chung Inyoung, Executive Vice President of Kakaopay Securities, and Matthieu de Vergnes, Managing Director, Global Head of Institutional at Ondo Finance.
Under the MOU, the companies agreed to pursue three areas of cooperation: building a framework for the international distribution of Korean listed equities, conducting joint research on tokenization infrastructure to support global distribution, and establishing a joint task force to explore business opportunities for overseas retail investors. Through this partnership, Ondo's global distribution capabilities and Kakaopay Securities' domestic equity infrastructure are expected to create synergies that support international growth.
As an initial step, the companies will establish a framework for sourcing and custodying the underlying Korean-listed shares that may serve as the basis for future tokenization. Kakaopay Securities will operate a foreign investor omnibus account to support the sourcing, custody, and administration of the underlying shares, while the companies will jointly research tokenization infrastructure, including token issuance and redemption processes and balance management and reconciliation mechanisms.
The companies will discuss whether and when to commercialize tokenized equity products based on applicable legal and regulatory considerations in domestic and international jurisdictions, supervisory guidance, and investor protection principles.
"Global demand for investment opportunities in Korean companies continues to grow rapidly, yet access channels for overseas retail investors remain limited," said Chung Inyoung, Executive Vice President of Kakaopay Securities. "By connecting the global distribution network of Ondo Finance, the world's largest tokenized equity platform, with Kakaopay Securities' domestic market infrastructure, our goal is to develop the international distribution of Korean equities into a service that works in practice."
"South Korea is one of the most sophisticated digital asset markets in the world, and a critical market for Ondo as we expand access to tokenized financial assets,” said Matthieu de Vergnes, Managing Director, Global Head of Institutional at Ondo Finance. "Together with Kakaopay Securities, we’re bringing tokenized equities and other real-world assets directly into the financial services people already trust and use every day."
As a follow-up to the MOU, the companies plan to establish a joint task force later this year to further develop operational frameworks for share sourcing and custody, and to advance research related to tokenized equity infrastructure.
Výbor pro dohled Sněmovny rozšířil vyšetřování obchodování zasvěcených osob na prediction markety o Hyperliquid a Crypto.com. Prověřuje ověřování identity, geografická omezení i sledování podezřelé aktivity.
The House Oversight Committee has broadened its inquiry into prediction market insider trading to include the platforms Hyperliquid and Crypto.com, among others. This investigation, initially focused on the practices of several prediction market operators, is examining how these platforms manage identity verification, geographic restrictions, and the monitoring of suspicious activities. Hyperliquid has previously been under scrutiny for its offshore activities, which operate outside direct U.S. regulatory oversight. This expanded probe may indicate ongoing congressional concerns about compliance and surveillance within the crypto market sector.
Key Takeaways The expansion of the probe suggests heightened regulatory concerns, particularly affecting Hyperliquid’s market dynamics. Pricing suggests participants are factoring in potential negative impacts on Hyperliquid’s market performance, with current odds reflecting a drop from previous levels. Market behavior appears consistent with concerns over increased regulatory scrutiny and its potential ramifications. What to Watch Future developments will likely hinge on any findings released by the House Oversight Committee and any subsequent regulatory actions. Watch for statements from Hyperliquid and Crypto.com regarding their compliance measures and any adjustments in their market practices. Any significant regulatory updates or announcements could influence market perceptions and affect pricing in related markets. The probe’s outcome could be a key indicator of broader regulatory trends impacting the crypto market.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31 67.5% — — View market → January 1 2027 2.5% — — View market → January 1 2027 2.1% — — View market → January 1 2027 2.7% — — View market → January 1 2027 1.9% — — View market → January 1 2027 7% — — View market → January 1 2027 3.9% — — View market → January 1 2027 6% — — View market → January 1 2027 10% — — View market → January 1 2027 15.5% — — View market →
Vana dokončila rozšířený staking v rámci upgradu Vega a zveřejnila tokenomiku tokenu VANA. Poplatky za čtení osobních dat se dělí: 60 % stakerům, 20 % na buyback a burn VANA a 20 % na rozvoj ekosystému.
September 29th, 2026 – GEORGE TOWN, Cayman Islands
class=”ql-align-center”>Network fees from personal data reads now fund staking rewards, buybacks and ecosystem development under a fixed protocol split; public dashboard launches at token.vana.org
The Vana Foundation today announced that expanded staking as part of the Vega upgrade to the Vana network is complete and published the paper “VANA: The Asset Behind an Open Data Economy”, which sets out the VANA token economics. A public dashboard at token.vana.org reports network reads, fee income, buybacks, burns and token supply, with the on-chain record behind each figure.
Vana is a network for moving personal data under the permission of the person it belongs to. Under the network’s fee model, an application that reads a person’s data with a granted permission pays one cent per scope read. Fees are allocated by protocol rule: 60 per cent to stakers through staking pools, 20 per cent to the purchase and burn of VANA, and 20 per cent to ecosystem development. Each buyback and burn is published with its transaction hash.
With expanded staking, staking runs through three staking pools, each with a 5 per cent operator commission. Staking rewards are paid from network fees, accrue to the staked position and may be claimed as they accrue. Existing staked positions may be moved into one of the three pools in a single transaction at stake.vana.org by midnight UTC on 31 October 2026. Principal can be withdrawn at any time, with no deadline. After 31 October, a position that has not moved no longer earns rewards.
“Every read of a person’s data on the network is a paid transaction, and the fees pay the node operators and stakers who make that movement possible,” said Art Abal, Managing Director of the Vana Foundation. “The split is written into the protocol, and every figure is published on chain.”
Applications on the network have produced 2,937,447 verified reads to date, as of 28 September 2026.
Total VANA supply and release schedules remain unchanged.
The paper “VANA: The Asset Behind an Open Data Economy” and the whitepaper addendum “The Vega Upgrade: Data Portability and Transformations” are available at token.vana.org.
About Vana
Vana is an open network for personal data portability. Its standard, the Personal Data Portability Protocol, was contributed to Linux Foundation Decentralized Trust as a Community Specification. vana.org
About the Vana Foundation
The Vana Foundation is a non-profit foundation that supports the development and adoption of the Vana network and is a member of Linux Foundation Decentralized Trust.
About OpenDataLabs
OpenDataLabs builds and operates the products that governments and industry run on the Vana network. www.opendatalabs.com
This release is for information only and does not constitute an offer or solicitation to buy or sell any token or security.
Contact Managing Director
Arthur Abal
Vana Foundation
[email protected]
Bitcoin se drží kolem 84 000 USD, zatímco spotové Bitcoin ETF zaznamenaly osm po sobě jdoucích seancí přílivů v celkové výši zhruba 3 miliardy USD. Tlak na růst brzdí vysoké výnosy amerických dluhopisů.
In brief BTC traded around $84,000 Tuesday, up 0.9% on the day, while spot Bitcoin ETFs notched eight consecutive sessions of inflows totaling around $3 billion. The 10-year Treasury yield is at its highest since 2007, while Brent crude has eased from Monday's peak. Futures markets put the odds of an October Fed hike at 70.3%, up from 55.4% a week ago. Bitcoin was trading at around $84,000 on Tuesday, up 0.9% over 24 hours but down 2% across the week, according to CoinGecko data, holding a range it has occupied for a fortnight while the assets around it move against it.
The pressure is coming from outside crypto. Treasury yields are sitting near multi-year highs, driven largely by oil. The 10-year peaked at 5.274% on Monday, its highest since June 2007, and the 30-year at 5.583%, a level last seen in 2002. Both eased slightly on Tuesday, the Wall Street Journal reported, as crude turned lower. Brent moved back above $100 a barrel on Monday after President Donald Trump rejected Iran's seven-day plan to end the war and reopen the Strait of Hormuz, lifting the dollar with it. Brent then fell below $104, down about 1.7% on the day after topping $108 on Monday, as US and Iranian officials continued indirect contacts through Qatar and Saudi Arabia restored roughly half the flows through its East-West pipeline, an alternative route to the Strait of Hormuz. Gold has fallen to a seven-week low.
"The rise in crude prices is capping non-yielding assets, so Bitcoin's rally has taken a bit of a pause," said Kyle Rodda, senior financial market analyst at Capital.com, who expects Bitcoin to struggle for upside momentum while the energy risk persists. He reads the charts more favorably, describing price action as consolidation within a short-term uptrend.
Thahbib Rahman, research analyst at Block Scholes, made a similar point about how little Bitcoin has given up, in a note shared with Decrypt. It has held between $82,000 and $84,000 for a week and a half despite the macro backdrop and the Senate's failure to advance the Clarity Act, he said, with institutional demand behind that resilience.
Spot Bitcoin ETFs have now taken in money for eight straight sessions, per Farside Investors data, a run Rahman put at roughly $3 billion. Monday's contribution was slight: a net $31.07 million, according to SoSoValue, with $54.84 million into BlackRock's IBIT and $10.32 million into Grayscale's mini trust offsetting outflows of $23.19 million from GBTC and $10.90 million from Fidelity's FBTC. The funds now hold $107.82 billion, equal to 6.42% of Bitcoin's market capitalization.
Myriad: When will Bitcoin reach a new all-time high? Click to make your prediction.Options traders are hedging their optimism. The 25-delta put-call skew for seven to 30-day tenors is close to neutral, Rahman said, which he reads as traders moving between buying downside protection and positioning for a rally.
Bitcoin treasury firm Strategy has kept buying. The company disclosed purchasing 1,665 BTC for about $142.7 million between September 21 and 27, taking its holdings to 847,666 BTC and past the 847,363 it held in June, a record.
This week's U.S. data will settle the Fed argument either way. August core PCE lands on Wednesday, alongside the third estimate of second-quarter GDP. The measure ran at 3.3% year-on-year in July, and the Fed lifted its own 2026 projection for it to 3.4% at this month's meeting. Friday's September jobs report is forecast to show payroll growth of about 90,000, down from August's 162,000, with unemployment holding at 4.1%, though Barclays chief U.S. economist Marc Giannoni puts September closer to 50,000. The Fed meets on October 27 and 28, three weeks after its first rate rise since 2023. Futures markets put the chance of another quarter-point increase at 70.3%, up from 55.4% a week ago and 17.7% a month ago, according to CME's FedWatch tool. Traders on Myriad, a prediction market owned by Decrypt’s parent company Dastan, price the same outcome at 69%, also up over the past week.
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Lite Strategy za první polovinu roku investovala 100 milionů dolarů do nákupu více než 900 000 LTC. Firma tak dál drží Litecoin jako hlavní rezervní aktivum.
Lite Strategy, Inc. (NASDAQ: LITS), the first U.S. public company to designate Litecoin as its primary reserve asset, today released its financial results for the fiscal year ended June 30, 2026. The 2026 fiscal year marks the company’s first full operating period since it launched its LTC reserve strategy in August 2025. The firm invested $100 million to acquire more than 900,000 Litecoins.
According to Axios, sources familiar with the matter disclosed that OpenAI’s enterprise sales have more than doubled since July. Data indicates that OpenAI’s annualized revenue run rate has risen by over 70% since the start of the third quarter, now standing at nearly $70 billion. Over the same period, its business-to-business (B2B) revenue from enterprise clients has grown by more than 100%. For its consumer segment, OpenAI’s third-quarter new revenue exceeded the total new revenue it generated in all of 2025. However, Axios noted that specific spending details for OpenAI have not yet been disclosed.
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Robinhood CEO Vlad Tenev said the U.S. Securities and Exchange Commission (SEC) issued a "no-action letter" to Tesla today, clearing the way for a voting plan that empowers retail investors. "This is what equity should look like," Tenev noted. When millions hold shares in a public company, they should be able to vote their holdings more conveniently. Currently, Robinhood has helped multiple companies directly engage with shareholders, offering messaging services, retail investor voting programs, and real-time earnings Q&A sessions accessible directly within the app. More features will be launched in the future.
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Oracle's intraday gain hit 5%
Per BIT (bit.com) market data, U.S.-listed Oracle (ORCL.N) saw a 5% intraday gain during trading hours.
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U.S. House Oversight Committee to expand insider trading probe into prediction markets to platforms including Hyperliquid
According to CNBC, James Comer, chairman of the U.S. House Oversight Committee and Republican representative from Kentucky, is expanding his investigation into insider trading in prediction markets and has asked three online platforms to outline their measures to combat such conduct. In letters sent Tuesday, Comer requested documents and information from the CEOs of Hyperliquid Labs, Crypto.com, and Aristotle Exchange Inc. — which owns the PredictIt platform — asking them to detail their identity verification processes and how they identify and prevent insider trading on their respective platforms. Comer stated in a declaration: "As online prediction platforms continue to evolve and grow more mainstream, some bad actors are exploiting non-public information to place bets, earning thousands of dollars. The House Oversight Committee is investigating whether these platforms are meeting their legal obligations and taking sufficient steps to identify and prevent insider trading before it occurs."
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According to a Wall Street Journal report, the Trump administration has rolled out an artificial intelligence-powered tool, which its developers claim will act as the federal government’s "digital steward" designed to modernize the relationship between citizens and the government. The tool will be hosted on the website America.gov, which officially launched on Tuesday, serving as a test of the Trump administration’s digital ambitions. Joe Gebbia, co-founder of Airbnb and head of the White House National Design Studio, said the online portal will be the federal government’s new digital gateway. He noted that as the technology evolves, America.gov will eventually become a unified entry point for all federal public services, setting "a standard worthy of a superpower".
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Bitcoin ETFs See $42.99M Inflow, Ethereum ETFs Attract $15.37M in Single Day
XRP ETF zaznamenaly 11 týdnů v řadě přílivů kapitálu a fond Bitwise už kumulativně drží 677 milionů USD. CIO společnosti Bitwise uvedl, že investory láká hlavně dlouhá historie XRP a jeho využití v reálných aplikacích.
XRP ETFs have recorded 11 consecutive weeks of inflows, with Bitwise's fund accounting for $677 million cumulatively.
Bitwise Chief Investment Officer Matt Hougan has laid out why financial advisors are buying Ripple’s native token, and the reasons have little to do with it price.
His remarks follow an 80% rise in XRP ETF net assets during the third quarter, to a record $1.77 billion on September 25.
XRP Will Always Be Around Hougan called XRP “one of the Mount Rushmore assets in crypto” and gave two reasons it appeals to investors. The first is that they are confident it won’t go away.
“A lot of financial advisors look at crypto and wonder, ‘Are these things for real? Will they persist? Will they be here in the future?’ And XRP has this enormous track record and this enormous background that gives people confidence it will be there in the future,” Hougan explained.
The second reason is practical. XRP “fits into real-world applications that they can understand,” according to the CIO. Advisors follow the stablecoin space and the cross-currency and liquidity space, and pay attention to news such as Ripple getting a bank charter.
XRPL community figure Hussein Zangana, who goes by Vet on X, made a related case, calling the network “real” and adding that it “has persisted the most amount of scrutiny any crypto has received.” As CryptoPotato reported earlier, XRP ETFs took in about $76 million last week, their best week in a month, extending the run to 11 straight weeks of inflows.
Bitwise’s fund leads with $677 million in cumulative inflows, followed by Franklin’s at $501 million, while the one from 21Shares has so far bled $21.15 million. On Monday, SoSoValue data shows, Canary’s XRPC added $3.96 million, taking cumulative inflows across all XRP ETFs to $1.79 billion. Total net assets were $1.68 billion, below Friday’s record level.
In related news, Bitwise filed an updated prospectus on September 28 for its XRP fund, which charges a 0.34% fee and holds its coins with Coinbase Custody. This is because, as analyst Xaif Crypto noted, the ETF keeps issuing new shares, so the prospectus has to stay current.
You may also like: XRP Eyes $1.80 to $1.90 If It Clears 50-Week EMA: Analyst XRP ETFs Attract $75M in a Week as SOL Funds Hit New 2026 High A Huge Week Is Coming for XRP as Evernorth Nears Crucial Nasdaq Vote XRP Price Watch At the time of writing, XRP was trading around $1.50, up about 2% in 24 hours, almost 7% in the last 14 days, and nearly 8% across the past month. However, it’s still 47% lower than where it was a year ago and 59% below its all-time high of $3.65.
The Ripple token is on track for a third straight green month, having gained about 30% in August and a more modest 2.10% in July, something Xaif Crypto reminded has rarely happened in bear markets.
The last time XRP had a longer run of consecutive monthly gains was in 2023, when it went on a run from September to December that year, which was broken by an 18% drop in January 2024.
XRP se drží kolem 1,51 USD, zatímco americké spotové ETF na XRP od spuštění přilákaly zhruba 1,79 miliardy USD čistých přílivů. Nejbližší resistance je v pásmu 1,60 až 1,62 USD.
XRP has held near $1.51 as demand through U.S. spot exchange-traded funds remains elevated, leaving traders focused on whether the token can break resistance around 1.60-1.62.
Summary
XRP trades near $1.51 while holding above technical support around the $1.43 Bollinger midpoint level. U.S. spot XRP ETFs have accumulated roughly $1.79 billion in net inflows since launching overall. Bitwise’s XRP ETF charges 0.34% annually and uses Coinbase Custody to safeguard fund holdings securely. XRP faces immediate resistance near 1.60-1.62 while $1.43 remains the nearest chart support level. Bitwise CIO Matt Hougan says advisors value XRP’s longevity and understandable real-world payment applications. CoinGecko shows XRP trading near $1.51 at the latest reading, with a 24-hour range of roughly $1.47 to $1.54 and trading volume above $4.2 billion. Its market capitalization stood close to $95 billion, based on approximately 62.9 billion XRP in circulation.
The token remains below last week’s high around $1.66, but its daily chart continues to hold above the Bollinger Band midpoint near $1.43. Meanwhile, U.S. spot XRP ETFs have accumulated close to $1.8 billion in net inflows since their launches, providing another source of demand while price remains below its recent peak.
Can XRP price finally break above $1.60? The immediate hurdle sits between $1.60 and $1.62. XRP has repeatedly approached that region without establishing a sustained move above it, leaving the area as the first technical barrier for another advance.
The daily Bollinger Bands place the middle band close to $1.43 and the upper band around $1.62. XRP trading between the two keeps price above its recent average while leaving it below the upper end of its current volatility range.
Momentum remains positive but has cooled. The Relative Strength Index stands near 57.50, slightly below its moving average around 58.06 and above the neutral 50 level. The reading does not place XRP in conventional overbought territory.
XRP price chart, source: TradingView As crypto.news recently reported, XRP has been repeatedly testing resistance between $1.55 and $1.60, with the token briefly reaching $1.6581 on Sept. 23 before sellers pushed it back. That earlier analysis placed nearby support around 1.40-1.41.
A daily move above $1.62 would take XRP beyond the upper Bollinger Band and reopen the recent 1.65-1.66 high. Failure to clear that area would leave the token trading inside its current consolidation range, with $1.43 remaining the closest technical support from the indicator.
XRP ETF demand remains strong near $1.8 billion Institutional demand has continued through U.S.-listed XRP investment products even while the underlying token trades well below its all-time high.
SoSoValue data cited in recent market reporting put cumulative net inflows across the XRP ETF group near $1.79 billion after Canary Capital’s XRPC received another $3.96 million on Monday. Total net assets stood close to $1.68 billion after reaching a record around $1.77 billion on Sept. 25.
The distinction between net inflows and net assets is important. Net inflows measure the money entering or leaving the products, while net assets move with XRP’s market price after those purchases occur.
Earlier crypto.news data showed XRP ETFs had accumulated approximately $1.76 billion in net inflows by Sept. 25, when another $14.89 million entered the products.
The September numbers extend a longer trend. In late August, seven U.S. spot XRP ETFs had accumulated more than $1.5 billion in flows, with Bitwise, Canary Capital and Franklin Templeton among the largest products.
Bitwise’s fund has remained one of the leading vehicles. The Bitwise XRP ETF began operations on Nov. 19, 2025 and trades on NYSE Arca under the ticker XRP, according to its SEC filings.
The fund charges a 0.34% annual sponsor fee and holds its XRP with Coinbase Custody Trust Company. The SEC filing states that Coinbase Custody maintains segregated accounts containing the trust’s XRP.
Bitwise’s latest regulatory update should not be interpreted as a new ETF approval. The fund was already operating before the filing, and its September amendments concern the continuing registration and disclosure requirements of an existing product.
Why are financial advisors looking at XRP? Bitwise Chief Investment Officer Matt Hougan has attributed part of the interest to XRP’s long operating history and its association with payment and liquidity applications.
Hougan described XRP as “one of the Mount Rushmore assets in crypto” while discussing how financial advisors evaluate established digital assets. His assessment represents his investment view, not an independent measure of XRP’s quality or future performance.
XRP ETFs net assets have grown 80% throughout Q3 to an all-time high of $1.77B.@Matt_Hougan, Chief Investment Officer at @Bitwise, on what's driving institutional demand for $XRP:
"XRP appeals for very simple reasons … One is that [financial advisors] are confident it's not… pic.twitter.com/7YXqVPpOj2
— Token Relations (@TokenRelations) September 28, 2026 One factor, according to Hougan, is persistence. Advisors unfamiliar with crypto often question whether individual tokens will remain relevant for years, while XRP has traded through several market cycles and lengthy U.S. regulatory disputes.
A second factor is that advisors can connect the asset with payment-related use cases they already understand, he said. XRP is the native asset of XRP Ledger, while Ripple separately develops payment, stablecoin and institutional financial products that can involve XRPL infrastructure.
Interest among wealth managers was visible earlier this month. As crypto.news reported, XRP generated more questions than any other cryptocurrency during a Bitwise presentation to roughly 400 wealth managers. Bitwise analyst Ryan Rasmussen described the level of interest as unusually high, though the attendee poll was not a representative survey of the wealth-management industry.
At the time, U.S. XRP funds had already attracted roughly $1.68 billion in cumulative net inflows.
Could ETF inflows send XRP toward $1.80? ETF inflows provide verifiable demand for XRP, but they do not establish that price will break above a specific level. XRP continues to trade below the resistance that rejected the token last week.
The chart places 1.60-1.62 as the first hurdle. Above it, the recent 1.65-1.66 high would become the next visible test before levels such as $1.80 return to focus.
On the downside, the Bollinger midpoint around $1.43 remains the nearest indicator-based support. Losing that level would move XRP below its 20-day center line and weaken the current mild bullish structure.
Recent price history shows why the $1.60 region remains important. Crypto.news reported earlier in September that XRP needed to reclaim the 1.50-1.60 area after retreating from an August peak near $1.70.
The ETF backdrop has strengthened since then, while XRP’s price has returned above $1.50. CoinGecko currently places the token roughly 58% below its $3.65 all-time high, with the latest 24-hour trading range still contained below $1.55.
For the current setup, a sustained break above 1.60-1.62 would provide the clearest technical confirmation that buyers have regained control of the recent range. Until then, XRP remains in consolidation between support near $1.43 and resistance around $1.62.
Ripple uvedl, že správci aktiv se připravují na XRP Ledger Batch, který umožní spojit 2 až 8 transakcí do jednoho uzavření ledgeru. Aktivace se ale posunula z očekávaného 29. září na bezpečnostní úpravu 9. října.
Ripple says asset managers are preparing to use XRP Ledger Batch. The transaction type can make several ledger actions succeed or fail together, but an emergency software release has moved attention from a September 29 activation expectation to an October 9 security amendment. The capability is specific. So is the evidence that institutional adoption remains prospective.
Summary
Batch can contain between 2 and 8 inner transactions under its published specification. Four modes determine whether all, one, a prefix or any qualifying inner transactions execute. XRP Ledger version 3.4.1 introduced a security-sensitive Batch fix on September 25. The foundation expects fixBatchV1_2 to enable October 9 if validator support persists. A successful outer Batch can mask failed inner transactions unless the application checks their results. The central promise is simple: make related steps settle in one ledger close. An asset manager that needs to deliver a token and receive payment may prefer an all-or-nothing exchange to sending the asset first and hoping the money arrives. RippleX has described asset managers and commercial projects preparing for the feature, as covered in the earlier institutional interest report. It did not publicly name a production asset manager with a live mainnet Batch transaction in that account.
JUST IN: Brad Garlinghouse highlights why Ripple cannot control the XRP Ledger
Ripple operates only a small share of XRPL validators, and the $150M+ hack involving co-founder Chris Larsen showed that the company cannot reverse transactions or recover lost $XRP. pic.twitter.com/Pt4czYNSf1
— crypto.news (@cryptodotnews) September 27, 2026 The status changed before the original late-September expectation. The XRPL Foundation release notice calls version 3.4.1 an emergency update for security-sensitive issues. It adds fixBatchV1_2, asks servers to upgrade promptly and says the amendment was expected to enable on October 9 if supermajority support persists. That is a conditional expectation, not a fixed launch promise.
Batch coordinates actions inside one ledger close The XLS-0056 specification describes an outer transaction holding between two and eight inner transactions. Accounts involved approve the collection. A selected mode controls what happens when an inner action fails. The ledger processes the collection in one close, avoiding the gap between unrelated submissions that could leave one participant with only half a bargain.
Suppose a fund transfers a tokenized bond claim and receives a dollar token. Two ordinary transactions could be submitted separately. If the first succeeds and the second fails, the counterparties have an operational dispute and potential loss. With the all-or-nothing mode, both inner actions must succeed for the intended exchange to complete. That is the compelling institutional use case, assuming the token, payment instrument, counterparties and permissions are already in place.
Batch does not create a bond, verify its off-chain ownership or force a bank to redeem the payment token. It coordinates ledger actions. Legal settlement finality, transfer restrictions, custody and redemption still depend on the relevant instruments and institutions. The distinction matters because a technically atomic transfer is only one part of delivery versus payment.
JUST IN: XRP Ledger’s Batch feature passes, set for activation on September 29
The upgrade, which has secured 29 Yes votes, will allow up to 8 XRPL transactions to be bundled into one, enabling atomic asset swaps, bundled DEX trades, NFT-for-NFT exchanges and single-transaction… pic.twitter.com/7CH34N1Yat
— crypto.news (@cryptodotnews) September 15, 2026 The single-account tutorial shows the more straightforward case. Multiple actions from one account can be packaged in a specified mode. Multi-account transactions add signatures from the accounts whose balances or permissions are affected. The multi-account tutorial describes that coordinated signing process.
Four modes produce four different bargains ALLORNOTHING is the clean two-sided trade. Every required inner action must succeed or the intended group does not settle. ONLYONE tries alternatives and stops after the first success, such as orders at different tolerances. UNTILFAILURE processes a sequence up to a failure. INDEPENDENT allows actions in the same wrapper to succeed or fail independently. Calling all four modes atomic in the everyday sense would hide the possibility of partial completion.
The modes alter product design. A fund moving two assets against one payment needs to decide whether a single failed transfer should cancel the full package. A market maker submitting fallback offers might prefer ONLYONE. An issuer distributing multiple payouts might tolerate independent outcomes, but then its operations team has to reconcile which recipients were paid. The mode is a risk decision, not a formatting choice.
The eight-action cap is another real limit. A manager attempting to settle 1,000 investor transfers cannot wrap all 1,000 into one Batch under the current proposal. At the theoretical minimum of 125 eight-action packages, those groups would not themselves be atomic with each other. Fees, signatures, account sequence management and service capacity become practical constraints even before the off-chain business process is considered.
The earlier technical report noted the upgrade’s long development and audit history. That background is relevant to timing but should not be confused with a claim that every application built on top has been audited.
The outer success code is an accounting trap The specification says an outer Batch transaction can report tesSUCCESS even when inner transactions fail. Its outer result covers sequence and fee processing. To know whether a payment or delivery occurred, software must inspect inner transaction metadata and individual result codes. This is an unusually concrete integration hazard for any institution whose back office translates a generic success status into a booked asset movement.
Imagine a trade feed that reads only the outer result and credits a customer with a tokenized security. If the relevant inner transfer did not succeed, the feed and ledger diverge. The system needs to associate every inner action with its parent and its own result. The spec recommends using the ParentBatchID relationship in explorers and indexers. A desk should test failures in every mode, not only the happy path.
The mistake can survive ordinary controls because the outer transaction is real and has a transaction ID. A reconciliation system built for one transaction equaling one business action may pass its first check. The proper control links the business instruction to the mode, the complete signed package, every inner result and the eventual asset balances. That is work an asset manager must perform even if the network layer is correct.
JUST IN: Asset managers are preparing for XRP Ledger’s next payments upgrade
Batch V1.1 can bundle up to eight transactions into one operation, with RippleX saying commercial projects are already being built around the feature ahead of activation. pic.twitter.com/DmleX4GBiA
— crypto.news (@cryptodotnews) September 20, 2026 The arithmetic is modest but revealing. A maximum Batch containing eight inner transactions is one outer submission, yet it can require at least eight outcome checks, plus the outer fee and sequencing check. For 125 full packages representing 1,000 inner actions, the back office needs 1,000 action-level outcomes, not 125 green status lights.
The security fix changes the activation story The foundation’s September 25 notice says fixBatchV1_2 rejects inner transactions with the wrong wrapper and includes additional security and stability fixes. It withholds source code temporarily because of the security-sensitive nature of the change, promising publication and a retrospective later. That limits outsiders’ ability to inspect the exact patch before disclosure. It is a reason for precise attribution, not a reason to speculate about undisclosed exploitability.
The notice says servers below 3.4.1 would become amendment blocked if the fix enables while they have not upgraded. Validator votes and node upgrades therefore matter to production access. A quorum signaling support is not the same thing as every wallet, custodian, API provider and accounting tool being ready for Batch. The earlier XRPL node upgrade coverage illustrates the operational effect of an amendment block in a previous release.
There is also a history a reporter cannot omit. A February vulnerability disclosure describes a flaw in an earlier Batch design that could have skipped authorization checks for other signers when an unfunded signer appeared first. The amendment had not gone live. The security audit account examined how independent review caught problems before production use. The September patch concerns a separately described wrapper issue; neither incident proves the current design is unsafe, but both explain why deployment timing deserves scrutiny.
What institutions could gain, and what they still need Atomic delivery against payment is the strongest case. A manager could coordinate a token transfer with payment on the same ledger, limiting the temporary exposure created by sequential transfers. An issuer could bundle account setup, authorization and issuance steps where the protocol permits those transaction types. Trading firms could use alternative execution paths. These are capabilities, not evidence of live assets and trades.
Tokenized assets require issuers, transfer agents or other responsible entities, rules on eligible holders, custody procedures, and a payment instrument with acceptable redemption terms. A Batch can make the on-chain legs execute under a chosen rule. It cannot make a security legally valid in another jurisdiction, obtain customer consent for an unrelated action or guarantee an external cash leg at a commercial bank.
Ripple’s case deserves its strongest version. A ledger-level mechanism can reduce coordination work for developers and remove a real class of partial settlement failures. The XRPL feature overview described Batch alongside other institutional functionality, though each amendment follows its own process. If named managers later show live, repeated settlement of real tokenized assets with correctly reconciled inner results, the adoption claim will have hard evidence behind it.
The limit is equally clear. A company preparing a pilot is not an asset manager using Batch in production. No public preparation claim tells us volumes, fees saved, settlement disputes prevented or which institution assumes off-chain obligations. An announcement can be true and still be too early to support those larger conclusions.
The ledger’s vote is only the first readiness test The expected October 9 activation of fixBatchV1_2 depends on sustained validator support. Operators need to run compatible software. Wallets must show users all inner actions and the selected mode before collecting a signature, as the specification recommends. Indexers must expose parent and child results. Custodians need policy checks for multi-account signatures. Asset managers need reconciliation and legal documentation.
There is no single percentage showing all that readiness. Validator voting measures agreement to a protocol change. The production test is whether real users can prepare, sign, submit, inspect and recover from a failed Batch without mismatched records. The unanswered commercial question is which named institution will show a repeatable use case once the amendment and tooling are live.
What to watch Amendment status: Whether fixBatchV1_2 retains support and enables on the expected October 9 date. Server upgrades: The share of operators running 3.4.1 before the security amendment becomes mandatory. Disclosure: Publication of the withheld patch source and the promised retrospective. Inner outcomes: Wallet and indexer support for mode display, parent links and action-level results. Production evidence: A named asset manager reporting live Batch volume and its settlement controls. FAQ Is XRPL Batch live on mainnet now? The relevant amendments and their live status must be checked at publication. The September 25 release described a security fix expected to enable October 9 if validator support persisted.
How many transactions can a Batch contain? The published XLS-0056 specification sets a minimum of two and maximum of eight inner transactions in the current design.
Does Batch guarantee every inner action succeeds? Only the all-or-nothing mode is designed around the full group succeeding together. Other modes deliberately allow a different pattern of partial execution.
Can one asset manager sign for every counterparty? No. In a multi-account Batch, affected accounts must approve the signed collection according to the protocol’s signing rules.
Does tesSUCCESS mean the trade settled? Not by itself. The outer result can succeed while an inner action fails, so systems must inspect each inner result and balances.
Will Batch make tokenized securities legally settled? It can coordinate on-chain steps. Legal rights, redemption and any external payment leg still depend on the asset’s terms and applicable infrastructure.
What changed in version 3.4.1? The foundation described an emergency security release adding fixBatchV1_2, including rejection of inner transactions with the wrong wrapper.
Have asset managers demonstrated live use? Ripple has reported preparation, but the cited public account did not name a production manager with repeatable live Batch settlement. This is educational analysis, not investment advice.
Disclaimer: This article is for information and educational purposes only and does not constitute financial or investment advice. Figures reflect regulatory filings and reporting available at the time of writing and change with each disclosure. Nothing here is a recommendation to buy, sell, or hold any security or asset. Always do your own research. Information is accurate as of September 29, 2026.
Ethereum naplánovalo upgrade Glamsterdam na testnetu Sepolia na 6. října. Přinese proposer-builder separation, block-level access lists a nové gas pricing; datum pro mainnet zatím není stanoveno.
Glamsterdam will bring proposer-builder separation, block-level access lists and new gas pricing, while its mainnet date remains unset.
Ethereum developers have scheduled the network’s next major upgrade, Glamsterdam, to activate on the Sepolia testnet on Oct. 6.
Sepolia node operators must update both their execution-layer and consensus-layer clients before the activation, the Ethereum Foundation said Monday.
One of Glamsterdam’s changes is enshrined proposer-builder separation. It will move the handoff between specialized block builders and validators into Ethereum’s protocol, reducing reliance on outside middleware.
Glamsterdam will introduce block-level access lists, which record the accounts and storage locations used during each block.
The upgrade will also change gas pricing to better reflect the cost of creating and accessing data on Ethereum. Contracts that rely on fixed gas stipends or hardcoded gas limits may require changes, the foundation said.
Developers have not set dates for its rollout on the validator-focused testnet Hoodi or on mainnet.
Developers are targeting 2027 for Hegotá, the upgrade expected to follow Glamsterdam.
Ethereum co-founder Vitalik Buterin said Sunday that Hegotá could be the network’s last “normal” fork before development shifts toward recursive STARKs, automated formal verification, optimized consensus and quantum-safe cryptography.
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
TRON DAO dnes v Chicagu zazvoní na závěrečný gong na Cboe na oslavu uvedení TRXS, ETF s expozicí na stakovaný TRX. Fond byl na Cboe zalistován 9. září.
Geneva, Switzerland, September 29, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), will ring the closing bell at Cboe Global Markets’ trading floor in Chicago today, September 29, to celebrate the listing of TRXS, an exchange-traded product offering staked exposure to TRX, the native token of the TRON network.
The milestone reflects the TRON network’s growing adoption across traditional financial markets, with TRXS giving institutions access to TRX through participating brokerages. Listed on Cboe on September 9, the Fund seeks to provide exposure to the spot price of TRX, the native utility token of the TRON blockchain network. In addition, the Fund also seeks to earn additional TRX through participation in the TRON network’s delegated proof-of-stake validation process, with net staking rewards reflected in the Fund’s net asset value.
“We appreciate Canary Capital’s leadership in bringing TRX to the ETF market,” said Justin Sun, founder of TRON. “The launch demonstrates growing recognition of the TRON network as critical infrastructure for the global digital economy by giving institutions a new way to participate in the network that is already supporting significant real-world financial activity. Thank you Cboe team. Thank you to the Canary Capital team and every builder and collaborator across the TRON ecosystem who worked hard to make this happen.”
TRON has emerged as one of the leading blockchain networks for stablecoin activity, supporting more than $94 billion in circulating Tether (USDT). The chain also processes the highest USDT transfer volume of any blockchain, totaling approximately $6.1 trillion year-to-date. Known for its speed, scalability, and low transaction costs, the TRON network serves as critical infrastructure for decentralized finance, global payments, and blockchain-based applications.
For more information on TRXS, click here.
About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.
Founded in September 2017, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Today, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $94 billion. As of September 2026, the TRON blockchain has recorded over 405 million in total user accounts, more than 15 billion in total transactions, and over $28 billion in total value locked (TVL), based on TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.”
TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum
This publication is provided by the client. The text below is a paid press release that is not part of Cointelegraph independent editorial content. The text has undergone editorial review to ensure quality and relevance, it may not reflect the views and opinions of Cointelegraph. Readers are encouraged to conduct their own research before taking any actions related to the company. Disclosure.
State Street a Galaxy spustily tokenizovaný fond SWEEP na síti Stellar jako onchain řešení pro správu hotovosti pro oprávněné investory. Fond podporuje 24/7 upisování a odkupy ve stablecoinech i USD přes Fedwire v pracovní dny.
The State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP), a tokenized private liquidity fund from State Street Investment Management and Galaxy, is now live on the Stellar network as an onchain cash management solution for eligible investors, according to a Tuesday announcement.
State Street and Galaxy launched SWEEP in May 2026 on Solana. The private vehicle is available to Qualified Purchasers and is designed to connect traditional cash management with onchain markets.
The fund supports 24/7 subscriptions and redemptions in stablecoins like PayPal’s PYUSD or Circle’s USDC, subject to their availability in the portfolio. USD transactions are also supported through Fedwire on business days, giving institutions an alternative to traditional fiat on-ramps when accessing tokenized cash products.
On Stellar, SWEEP is issued through a smart contract that combines programmable asset functionality with the network’s issuer controls for authorization, freezing and clawbacks. The structure is designed to allow cash management outside traditional banking hours and settlement windows.
Galaxy provides tokenization and distribution, while Anchorage handles digital asset custody, Chainlink supports fund pricing and reserve data, NAV Consulting serves as transfer agent and State Street Bank and Trust Company holds the fund’s securities.
Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.
Chainlink price hovered at $15 on Tuesday after rising 10.50% over 24 hours, outpacing the broader market’s 1.19% gain.
The BTC, ETH, SOL, and DOGE prices are seeing slight consolidation, eyeing recovery ahead.
The move followed Monday’s CCIP 2.0 launch and a separate announcement involving Swift’s blockchain ledger. LINK investors also watched fresh exchange-traded fund inflows and DTCC’s plans for continuous collateral management. The rally has brought the $20 level into focus for traders.
Chainlink’s institutional momentum at Sibos 2026 continues 🔥
Chainlink is powering @The_DTCC’s Collateral AppChain, bringing 24/7 collateral management to the backbone of global post-trade infrastructure
The Chainlink stack:
⁰• CRE for orchestration across systems⁰• CCIP… https://t.co/LCBe1BiEPu pic.twitter.com/1f8ox5vMXk
— Zach Rynes | CLG (@ChainLinkGod) September 28, 2026
CCIP 2.0 Launch Brings New Institutional Controls Chainlink launched CCIP 2.0 at Sibos, giving institutions control over cross-chain transactions. The upgrade allows organizations to add independent transaction verifiers, set transfer speeds, and apply compliance checks. Chainlink says those options can support tokenized assets across public and private networks.
Chainlink said it is developing a connection to SWIFT’s shared blockchain ledger. Its Runtime Environment would coordinate bank workflows while institutions retain control of transaction signing keys.
Swift’s ledger is designed to coordinate cross-border payments involving tokenized deposits around the clock. The announcement did not provide a date for banks to begin using the connection
LINK-focused ETFs attracted $2.41 million on Monday, following $6.27 million last week. Those flows followed three consecutive positive weeks, indicating interest in funds tracking the token.
LNK ETF
Will Chainlink Price Break Resistance and Climb to $20? The LINK Price surged to $15.19 on Tuesday, after climbing from around $14. Trading volume rose during the advance, although the latest four-hour candle slipped slightly.
Chainlink price briefly approached $15.70 before easing. A sustained move above that recent high could bring the chart’s $18 resistance into focus.
The next marked target is $20, roughly 32% above the chart’s measured starting point. Reaching it would require LINK to clear both the recent high and $18.
Source: TradingView The four-hour RSI stood at 65.54, indicating firm momentum below the 70 overbought threshold. However, Chaikin Money Flow registered −0.06, suggesting the price advance needs stronger buying pressure.
If Chainlink price loses $15, the breakout could weaken and expose the chart’s $14 support. Holding $15 would keep the $18 and $20 targets in view as per the LINK long-range prediction.
LINK Trading Volume Jumps 213% as Open Interest Climbs The Chainlink derivatives market recorded $2.04 billion in trading volume, a 213.13% increase, according to the data. The open interest increased by 13% to stand at $863.02 million, which indicated an increase in open positions.
Source: Coinglass data The greater volume gain is an indication that more trading is executed without a similar rise in open contracts. The numbers show increased action in the LINK area but do not give any firm evidence regarding the direction of the prices in the future.
Coinbase a Citi spustily pro firmy dvě nové stablecoinové platební služby. Coinbase Virtual Accounts navíc automaticky převádějí fiat na stablecoiny a nabízejí 3,75% roční výnos na zůstatcích v USDC.
TLDR Coinbase and Citi expanded their partnership on September 28 with two new stablecoin payment services for businesses. Coinbase Virtual Accounts, powered by Citi, automatically convert incoming fiat into stablecoins. Citi clients can accept stablecoin payments through Spring by Citi and receive fiat instead. The virtual accounts pay 3.75% annual yield on USDC balances. Neither company shared customer numbers, payment volumes or pricing. Coinbase and Citi have expanded their partnership to offer new banking and stablecoin payment tools for businesses. Coinbase announced the move on September 28, 2026.
The deal combines Coinbase’s digital asset payment systems with Citi’s regulated banking network. It creates two separate paths between traditional money and stablecoins.
The partnership was first disclosed in October 2025. At that time, the companies said they would focus on fiat pay-ins and pay-outs for Coinbase’s on-ramps and off-ramps.
We're bringing stablecoins into the banking system with @Citi.
That means instant stablecoin acceptance for institutions – all on bank-grade, regulated infrastructure.
The next step for stablecoins becoming everyday money. pic.twitter.com/9ftQ50yl5y
— Coinbase 🛡️ (@coinbase) September 28, 2026
How the Two Payment Paths Work The first path centers on Coinbase Virtual Accounts. These accounts run on Citi’s Virtual Account Wallet, part of its Banking-as-a-Service offering.
The accounts give businesses features similar to a bank account. Incoming fiat is automatically converted into stablecoins, a capability Citi calls an industry first.
Coinbase Virtual Accounts also pay 3.75% annual yield on USDC balances. This means businesses can earn a return on the stablecoins they hold.
The second path works in the opposite direction. Citi’s institutional clients can accept stablecoin payments through Spring by Citi, the bank’s merchant platform.
Customers pay in stablecoins, and the merchant receives fiat. Coinbase handles the conversion while Citi settles the payment as the bank of record, so merchants do not need to hold stablecoins.
Debopama Sen, Citi’s Head of Payments, Services, said the bank aims to build payment systems that connect traditional and digital networks. Brett Tejpaul, Head of Coinbase Institutional, said the partnership helps deliver faster and cheaper cross-border payments.
What the Companies Did Not Share Coinbase described the services as available now. However, it did not name any client that has used Spring by Citi for stablecoin payments.
Neither company disclosed customer counts, payment volumes or pricing. They also did not say which currencies or stablecoins are supported for conversion.
The announcement does not confirm whether a single customer can use both payment paths. Coinbase said its infrastructure reaches an enterprise market representing more than 150 million stablecoin holders, but that figure reflects potential reach rather than confirmed users.
Citi brings a large network to the deal. The bank operates in more than 180 countries, and its 24/7 USD Clearing service serves more than 300 bank clients.
Citi Token Services has processed around $1 billion in transactions. The same week, Citi said Token Services is expanding into Japan and the UAE, bringing it to seven jurisdictions.
The yield feature arrives while rules for the GENIUS Act are still under review. The Treasury proposed its implementing regulations in August 2026, and a public comment period is ongoing.
The law takes effect in January 2027. It is not yet clear whether the 3.75% yield structure will be allowed under the final rules.
The new services are launching first in the United States. The companies said more capabilities are expected in the coming months.
Valour spustila Zcash (ZEC) SEK ETP, který dává investorům regulovanou expozici na cenu ZEC přes běžné brokerské účty. Produkt se začal obchodovat na Spotlight Stock Market.
Zcash ETP: Valour launches an exchange traded product providing price exposure to Zcash (ZEC), expanding regulated access to one of the digital asset ecosystem's longest-standing privacy-focused networks.
Traditional Market Access to ZEC: The ETP enables investors to gain exposure to ZEC through traditional brokerage accounts without the operational complexity of directly purchasing or storing digital assets.
Expanding Valour's Digital Asset Platform: The launch further expands Valour's portfolio of more than 100 digital asset ETPs and reinforces its strategy of providing regulated access to a broad range of established and emerging digital asset protocols. , /PRNewswire/ -- DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) (B3: DEFT31), a financial technology company bridging the gap between traditional capital markets and decentralized finance ("DeFi"), is pleased to announce that its subsidiary, Valour Inc., and Valour Digital Securities Limited (together, "Valour"), a leading issuer of exchange traded products ("ETPs") has launched the Valour Zcash (ZEC) SEK ETP.
The VALOUR ZCASH (ZEC) SEK ETP began trading on the Spotlight Stock Market on September 29, 2026, under the ISIN CH1108681763. The product provides investors with exposure to the price performance of Zcash (ZEC) through an exchange traded investment product accessible through traditional brokerage infrastructure.
The launch represents another expansion of Valour's digital asset ETP platform and expands regulated European market access to an asset that has played an important role in the development of privacy-preserving blockchain technology.
About Zcash
Launched in 2016, Zcash is a decentralized digital currency and payment network designed to provide users with greater control over the privacy of their financial transactions.
Zcash was the first widespread application of zero-knowledge proof technology known as zk-SNARKs. Its shielded transaction architecture allows transactions to be validated by the network while protecting sensitive transaction information from public disclosure. Zcash supports both shielded transactions, which can protect transaction details, and transparent transactions that operate similarly to transactions on traditional public blockchains.
ZEC is the native digital asset of the Zcash network and is used to transfer value and pay transaction fees across the network.
The launch comes amid increased market attention toward privacy-preserving digital assets and expanding regulated investment access to ZEC across global capital markets.
"Zcash represents one of the most important early applications of zero-knowledge cryptography in digital assets, and interest in privacy-preserving blockchain infrastructure continues to grow," said Johan Wattenström, Chief Executive Officer of DeFi Technologies. "Launching a Zcash ETP is exactly the type of product innovation Valour was built to deliver. We are giving investors access to an established digital asset through the same regulated, familiar market infrastructure they use to access traditional securities, while continuing to expand the breadth and differentiation of our product platform."
"Zcash gives users the ability to transact privately using zero-knowledge cryptography, and we have seen growing interest in ZEC from both professional and Nordic retail investors," said Jacob Lindberg, Chief Revenue Officer of Valour. "The demand for a listed product tracking ZEC has been clear. Bringing Zcash to Spotlight gives investors a familiar way to gain exposure through their existing brokerage infrastructure without having to purchase, store or manage the underlying digital asset directly."
The launch follows Valour's continued expansion across European and international markets and builds on a portfolio of more than 100 digital asset ETPs spanning major digital assets, Layer 1 and Layer 2 networks, decentralized finance protocols, staking products and other emerging blockchain ecosystems.
The VALOUR ZCASH (ZEC) SEK ETP carries a management fee of 1.9%.
About DeFi Technologies
DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) (B3:DEFT31) is a financial technology company building for the convergence of traditional capital markets and decentralized finance ("DeFi"). As a publicly listed and vertically integrated digital asset platform, DeFi Technologies provides familiar, simple, secure, and regulated access to the digital asset economy through investment products, trading and liquidity infrastructure, research, and strategic capital deployment. Its business includes Valour, a leading issuer of regulated digital asset ETPs; Stillman Digital, an institutional-grade digital asset trading and liquidity platform; and DeFi Alpha, the Company's internal business line focused on opportunistic trading, arbitrage, and other capital markets strategies. With deep expertise across capital markets and emerging technologies, DeFi Technologies is building the gateway between traditional finance and the future of digital assets. Follow DeFi Technologies on LinkedIn and X/Twitter, and for more details, visit https://defi.tech/
DeFi Technologies Subsidiaries
About Valour
Valour Inc. and Valour Digital Securities Limited (together, "Valour") issues exchange traded products ("ETPs") that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies. For more information about Valour, to subscribe, or to receive updates, visit https://valour.com.
About Stillman Digital
Stillman Digital is a leading digital asset liquidity provider that offers limitless liquidity solutions for businesses, focusing on industry-leading trade execution, settlement, and technology. For more information, please visit https://www.stillmandigital.com
Cautionary note regarding forward-looking information:
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to proposed listing of Valour's ETPs and DeFi Technologies' BDRs on B3, the expected timing of listing and trading, future expansion plans into Brazil and other regions, and anticipated investor demand for digital asset ETPs; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour exchange traded products by exchanges; growth and development of decentralised finance and digital asset sector; rules and regulations with respect to decentralised finance and digital assets; fluctuation in digital asset prices; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
THE CBOE CANADA EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
Vývojáři Zcash představili Udon, komponentu, která přesouvá část plánovaného škálovacího upgradu Tachyon do Zakura Common pro rychlejší soukromé transakce. Aktivace upgradu v síti ale zatím neproběhla.
Zcash’s faster private-payment code is being rebuilt for its bigger scaling plan. (Shutterstock)Summary
Zcash developers have released Udon, a component that moves parts of the proposed Tachyon scaling upgrade into Zakura Common, software used to create and verify private transactions.While earlier Common improvements cut private-transaction creation times from more than three seconds to under 200 milliseconds in some tests, Tachyon aims to limit the network’s workload as usage grows.Udon begins the integration but does not demonstrate Tachyon’s speed, and the proposed upgrade still requires further development and a security review before possible activation.The developers behind privacy-focused Zcash are moving part of their proposed scaling upgrade into software already used across the network, preparing for a future with far more private transactions.
That piece is Udon, a new component first developed as part of Project Tachyon, Zcash’s proposed scaling upgrade.
On Monday, Udon was released into Zakura Common, a shared cryptography library used by Zakura and other Zcash projects, according to Project Tachyon leader Sean Bowe. Think of Common as software that handles some of the heavy mathematical work behind creating and checking private transactions. Bowe’s team and Dev Ojha’s Valar Group jointly develop Zakura.
A Zcash wallet has to prove that a private payment is valid without revealing who paid whom or how much. Computers running the network then check that proof.
Earlier improvements to Common cut the time needed to create one from more than three seconds to under 200 milliseconds in some tests, as CoinDesk reported in August.
If private payments become far more common, those computers will have much more data to handle.
Udon brings some of the calculations needed for Tachyon’s proposed scaling upgrade into Common, where developers can build on code they have already made faster. Udon has been released as software; the upgrade has not been activated on Zcash.
Read More: Zcash private transactions could go from three-second waits to under 200 milliseconds
Bowe and Ojha have set a long-term target of more than 50,000 payments a second. At that rate, they estimate today’s cryptography would make each Zcash node take in more than 500 megabytes of data every second.
Tachyon is intended to combine proofs from many payments so the nodes have far less to receive and check. Zcash computers would have less to check if many payments could share one proof. Creating that proof takes more memory, so Bowe’s team is building it with code they have already made faster in Common.
As such, Zcash is a long way from that volume as of Tuesday. ZecStats data show the network averaged about 11,700 transactions involving shielded funds a day in the seven days through Sept. 21, or roughly one every seven seconds. That average fell to about 6,200 a day in the seven days through Sept. 28.
Zakladatel Aave Stani Kulechov v rámci Aavenomics 3.0 uvažuje o zavedení burn mechanismu místo současných zpětných odkupů. Burn by trvale snižoval nabídku AAVE.
Stani Kulechov, founder of DeFi lending giant Aave, has floated the idea of adding a token burn mechanism to the protocol’s evolving economic framework. The consideration, shared publicly on September 28-29, represents a potentially significant escalation in how Aave returns value to its token holders.
If implemented, the burn would mark a departure from the current buyback model, which accumulates purchased tokens in reserves. Instead of parking bought-back AAVE in the DAO’s Ecosystem Reserve, a burn would destroy them permanently, shrinking the total supply with each transaction.
From buybacks to burns In early 2025, Aave kicked off its first structured buyback program under what became known as Aavenomics Part One. That initiative authorized spending up to $1 million per week to purchase AAVE tokens from the open market. By mid-2026, the program had accumulated more than 205,000 AAVE tokens sitting in the protocol’s reserves.
Then came the “Aave Will Win” governance framework, which passed in April 2026. That proposal formalized a new revenue allocation model, directing 100% of revenue from the Aave Protocol and its GHO stablecoin toward the DAO treasury and AAVE token holders.
By late June 2026, Aavenomics 3.0 took things further with automated buybacks. The protocol began channeling all its revenue into continuous AAVE purchases from secondary markets.
Now Kulechov is suggesting the next logical step: instead of just buying and holding, buy and destroy.
Why burns hit different than buybacks When a protocol buys back its own tokens and holds them in a treasury, those tokens still exist. They could theoretically be sold, redistributed, or used as collateral. The supply hasn’t actually changed.
A burn, on the other hand, is permanent. Tokens sent to a burn address are gone forever. Each burn reduces the denominator in the supply equation, meaning every remaining token represents a slightly larger share of the protocol’s value.
Kulechov hasn’t provided specifics on how the burn would work mechanically, what percentage of revenue it might consume, or whether it would run alongside or replace the existing buyback-to-reserve model. The Aave community expects more details during an upcoming quarterly call.
The numbers behind the narrative Aave’s financial position gives this conversation real weight. The protocol has generated more than $2.2 billion in total fees since inception, a figure that puts it firmly at the top of the DeFi lending category.
Recent annualized revenue sits at approximately $134 million. For context, the earlier buyback program’s $1 million weekly budget annualizes to roughly $52 million, which represents a significant chunk of that revenue being directed straight into token demand.
The 205,000 AAVE tokens already accumulated through prior buybacks represent a meaningful position. Whether those existing reserve tokens might also be candidates for burning remains an open question that Kulechov hasn’t addressed.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
HBAR vzrostl o 24,38 % po zprávě o propojení Hedery s NVIDIA a rostoucím institucionálním zájmu. Na týdenním grafu prorazil sestupný kanál a míří k rezistenci na úrovni 0,12835 USD s potenciálem k 0,20 USD.
HBAR price climbed 24.38% as Hedera’s NVIDIA-linked AI story reinforced institutional interest, triggering a rapid expansion in the market activity.
The rally emerged as Hedera Council members joined NVIDIA’s Open Agent Safety Platform. Reportedly, five council members participated alongside EQTY Lab, which uses Hedera’s platform to maintain AI audit trails.
Additionally, the EQTY Lab also used NVIDIA GPUs within its Verifiable Compute infrastructure, strengthening the connection between the ecosystems.
This development reinforced Hedera’s positioning around AI verification, trust, and as well as enterprise infrastructure. On the Spot market, HBAR’s market participation increased rapidly, jumping 1,088% to $1.33 billion as the rally unfolded.
Leverage floods into HBAR’s rally The heightened trading activity was reflected in the HBAR derivatives, where participants rapidly expanded their exposure as HBAR pushed higher.
Notably, the derivatives volume surged 1,300.01% to $2.60 billion as of writing, highlighting a drastic expansion in speculative market participation.
Additionally, the Open Interest (OI) also increased 73.81% to $283.64 million, suggesting investors created substantial new positions.
Binance’s top-trader account Long/Short ratio, meanwhile, reached 1.77, while its top-trader position ratio sat even higher at 2.2409. This positioning implied stronger long exposure among larger traders.
It’s also worth noting that the increasing leverage, however, raised HBAR’s vulnerability to sharp price swings.
HBAR Derivatives Data on CoinGlass Exchange outflows tighten available supply The spot flows added another dimension to HBAR’s sharp recovery while derivatives participants increased exposure.
As per CoinGlass spot data, HBAR had recorded roughly $2.32 million in net spot outflows at reporting time. These negative netflows suggested more tokens moved away from exchanges during the 24-hour period.
Notably, the recent reading also extended the broader presence of negative flows visible across the recent sessions. Therefore, exchange-side supply pressure remained controlled as the HBAR price rallied.
This dynamic supported the rising trading activity instead of depending solely on the leveraged demand. The strong derivatives expanded, reflecting speculative participation as spot outflows pointed towards limited immediately available exchange supply.
However, the scale of the rally still made the technical price structure increasingly crucial. Hedera needed technical confirmation to gauge whether buyers had shifted its broader trend.
HBAR Spot Netflows on CoinGlass CHoCH confirms HBAR’s structural shift On a weekly timeframe chart, HBAR provided that confirmation by breaking its descending channel, registering a bullish change of character (CHoCH).
Notably, Hedera’s price reclaimed the $0.10 price level before pushing towards the next resistance at $0.12835. The CHoCH reflected a notable departure from the bearish structure that had governed HBAR’s price downtrend.
Additionally, the weekly DMI indicator added strength to the breakout, with the +DI signal reading reaching 36.71 as the -DI signal reading declined to 10.67. At the time of writing, the ADX strength indicator stood at 21.96, implying directional strength gradually developing behind the structural change.
The RSI indicator climbed to 64.33 as buying pressure accelerated. The indicator, however, remained below the 70 overbought conditions threshold despite HBAR’s steep rally.
Ultimately, a strong breakout above the $0.12835 resistance could open HBAR’s path towards the broader $0.20 region. However, a decisive price rejection could bring the $0.10 level back into focus as the breakout support.
Source: HBAR/USDT Weekly Chart on TradingView Final Summary HBAR’s 24% rally gained strength from rising derivatives activity and sustained spot outflows. HBAR could target $0.20 above $0.12835, though minor pullbacks could come first.
Bitwise ETF BSOL nakoupil na otevřeném trhu SOL za zhruba 9,65 milionu USD pro nové podíly klientů. Kumulativně už přes něj proteklo asi 948 milionů USD v nákupech SOL.
Bitwise’s Solana Staking ETF, known by its ticker BSOL, just facilitated the purchase of approximately $9.65 million worth of SOL on the open market to back new shares issued to clients. An on-chain transfer of roughly 95,887 SOL confirmed the transaction, adding to what has become a quietly dominant run for the fund since its October 2025 debut.
That single purchase is a rounding error compared to the bigger picture. Cumulative net SOL purchases through BSOL have reached approximately $948 million, making it the clear heavyweight in the US spot Solana ETF category with around 80% of total net inflows.
How BSOL became the default Solana fund When Bitwise launched BSOL on October 28, 2025, it carried a distinguishing feature that competitors lacked: the fund directly holds and stakes SOL, targeting a gross annual yield of roughly 7%. That means investors get exposure to SOL’s price movements and pocket staking rewards on top of it, all without having to manage a wallet or navigate validator selection themselves.
The fee structure hasn’t hurt either. BSOL carries a management fee of 0.20%, which Bitwise has waived entirely for the first $1 billion in assets under management.
The fund’s momentum has been building steadily. On August 24, 2026, BSOL pulled in $25 million in a single day. During high-demand stretches, daily average inflows have ranged between $40 million and $50 million. And in September 2026, the entire US spot Solana ETF category posted a record single-day inflow exceeding $80 million, with BSOL contributing a significant share.
The broader Solana ETF market is heating up BSOL isn’t operating in a vacuum. Total US spot Solana ETF inflows surpassed $1.6 billion by late September 2026. That figure reflects a market that barely existed a year earlier, when the SEC had yet to approve any spot SOL products.
What separates BSOL from the rest of the pack is the staking component. Non-staking Solana ETFs offer straightforward price exposure, while staking-enabled products create a yield layer that appeals to allocators who evaluate crypto alongside fixed income and dividend equities. BSOL’s 80% market share in net inflows creates a first-mover advantage reinforced by its fee waiver and staking feature, leaving competitors without staking to compete on fees alone.
What this means for SOL and the competitive landscape Nearly $950 million in cumulative open-market purchases represents meaningful demand pressure on SOL’s supply dynamics. Every time BSOL issues new shares, it needs to buy and stake actual SOL tokens. Staked SOL through BSOL also contributes to network security by increasing the total stake delegated to validators, making the fund a significant participant in Solana’s proof-of-stake consensus mechanism.
Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.
Solana’s Alpenglow je stále jen v testnetu a devnetu; na mainnetu zůstává aktivace SIMD-0326 v čekání. Slíbených 150 ms finality je zatím jen cíl za příznivých podmínek, ne potvrzený výsledek na mainnetu.
Alpenglow is running through Solana’s testing networks, while mainnet still relies on its existing consensus. The proposed switch would change how validators agree that a block is final. A 150 millisecond target is a performance claim under conditions, not a promise that every user payment clears in that time.
Summary
SIMD-0326 remains listed as pending mainnet activation in Anza’s validator schedule. The tracker lists Agave 4.3.0 for Alpenglow and a lower 4.2.2 mainnet version floor. The initial proposal brings Votor consensus but retains Turbine data propagation. Alpenglow’s proposal describes a 20% adversarial plus 20% unresponsive stake model. A September 28 feature activation window did not itself schedule Alpenglow’s mainnet switch. Solana’s most consequential consensus change is moving through a sequence of validator tests. Anza’s feature gate tracker lists SIMD-0326, Alpenglow, among pending mainnet activations. It records testnet and devnet activation positions and identifies Agave 4.3.0 as the software version tied to the feature. The mainnet version floor shown in the same snapshot was 4.2.2, with 4.3.0 listed as the next expected floor. A planned version floor and a live consensus feature are different milestones.
The earlier testnet report described the shift into wider validator testing. A later devnet account noted both testing networks, while mainnet continued with its current consensus. That is the status against which any promised speed gain must be judged.
JUST IN: Solana’s biggest consensus upgrade, Alpenglow, enters testnet this week
The upgrade marks a major step toward modernizing Solana’s consensus system, with testing set to begin ahead of its potential mainnet deployment. pic.twitter.com/L4oAQU2nWp
— crypto.news (@cryptodotnews) September 23, 2026 September 28 was a calendar trap One schedule entry said mainnet feature activations would resume on September 28. It did not say Alpenglow itself would switch on that day. The tracker separately names Alpenglow as pending. Treating a date for resuming a queue of feature gates as a scheduled protocol cutover turned a process marker into a false deadline. A September 29 correction traced that confusion and said Anza had rejected the claimed launch date.
The distinction is material. Validators can adopt a software release containing dormant code without activating the feature. A version floor can rise after a stake threshold and epochs pass. A separate feature gate can enable the new behavior. Users who see a version number change on a dashboard have not thereby seen a faster finality protocol go live.
The correct news hook is that the testing and activation process is still open after the widely circulated date. A final mainnet window requires an explicit schedule, operator preparation and evidence from public testing. None of those steps is replaced by a social post describing an upgrade as imminent.
Votor changes votes, while Rotor waits The SIMD-0326 proposal defines the initial move primarily around Votor, the new consensus mechanism. It explicitly leaves Rotor, the proposed data dissemination replacement, for a separate change and keeps the existing Turbine propagation initially. Marketing descriptions of a complete Alpenglow stack can blur that scope.
Consensus answers when enough validators have agreed on a block that it should be treated as final under the protocol. Data propagation answers how the block reaches those validators. Execution answers whether a transaction successfully ran. An app also waits for its RPC provider to report the outcome. A faster vote cannot eliminate every other delay in that path.
The 150 millisecond figure is best read as a finality objective under favorable network conditions, measured at the consensus layer. It is not an end-to-end checkout time for a user whose wallet must sign, submit, reach a leader, be included in a block, execute and return through an RPC service. A useful public benchmark should name its start and end points. A stopwatch started at block proposal is not comparable to one started when a customer presses Send.
The proposal replaces a voting arrangement with a different security and liveness tradeoff. It describes a 20 plus 20 model that can tolerate an adversarial share and a separate nonresponding share under stated assumptions. The authors explicitly note that one-round voting does not deliver the same 33% Byzantine threshold achievable by two-round designs. That admission belongs beside the speed claim, not in a footnote.
A two-column test prevents a misleading benchmark One column should measure protocol finality from a validator’s view: elapsed time from a proposed block to a finalization certificate, including the distribution of slow outcomes. The second should measure a user’s confirmed transaction: submission through execution, inclusion, finality and the RPC response. The difference between those columns is the work the consensus headline does not measure.
Suppose a test reports 150 milliseconds for finalization after proposal, but transaction inclusion waits one 350 millisecond slot and RPC delivery takes another 100 milliseconds. The customer sees at least 600 milliseconds under those illustrative assumptions, before adding signing or retries. The calculation is 350 plus 150 plus 100. These are hypothetical timings, not measurements of Alpenglow in production. They show why a subsecond consensus figure need not be the same as a subsecond payment experience.
Median latency can hide the cases operators care about most. A validator stuck behind a poor network route, a temporary partition, a missing vote, or heavy replay work might see a long tail. Exchanges and payment providers generally build finality policies for rare bad conditions, not just a benchmark median. A credible rollout would publish percentile results, recovery behavior and the consequences of failed leaders.
The slot-time proposal is another variable. It seeks staged reductions from a 400 millisecond target toward 200 milliseconds. Slot interval and finality are related but distinct; claiming that every shorter slot proves Votor works confuses two upgrades. The earlier validator test account followed the protocol testing before this wider rollout.
Validators have to test the failure cases A network’s happy path is the easiest environment in which to produce a fast number. A mainnet candidate must survive validators joining late, messages delayed across regions, software restarts, leader failures and conflicting views of the chain. The Alpenglow migration proposal addresses the handoff from the old voting state to the new one. A correct steady-state protocol can still be exposed by a poor transition.
Tests should show whether the cluster reaches one consistent final decision after a partition heals, how quickly it resumes if a meaningful share of stake goes offline, and whether nodes with different compatible versions report the same outcome. The testnet is valuable because validators with different infrastructure encounter conditions a controlled lab may miss. It cannot exactly reproduce the economic incentives and traffic of a live network.
The client mix matters. Anza’s tracker marked Firedancer and Frankendancer as unsupported for the Alpenglow row in the observed snapshot. That is a compatibility status in a specific schedule, not a permanent claim about either client. A production migration must account for stake running each implementation or specify what those operators need to change.
Validator incentives are part of the test as well. Running a new voting protocol can alter bandwidth, hardware demands and participation costs. If smaller operators drop out because they cannot meet requirements, the faster network could end up with fewer independent participants. Actual operator counts and stake distribution after activation would test that tradeoff.
A fast certificate and a slow certificate serve different conditions The protocol does not depend on one route always finishing in 150 milliseconds. SIMD-0326 defines fast finalization when validators representing 80% of stake notarize a block in one round. Its slower route relies on two rounds involving 60% of stake and both notarization and finalization certificates. A leader may fail to deliver a valid block in time, in which case validators can vote to skip that slot. The design includes certificates for skipped slots and a fallback path. A headline benchmark that measures only the 80% fast route would omit exactly the situations that make finality valuable.
The distinction can be put into a practical test. For every proposed slot in a day, count the share finalized with the fast certificate, the share using the slower path, and the share skipped. Give the median and 95th and 99th percentiles separately for each class. A fast median is useful, but an operator needs to know how frequently the network leaves the fast path and how long it then takes to recover. A payment service handling thousands of receipts a day may experience a long-tail event even if that event is rare for an individual transfer.
A certificate is a compact, verifiable record of stake-weighted agreement. It is not a vote by a fixed number of machines. Ten small validators cannot substitute for one validator representing a large amount of stake merely by outnumbering it. Reporting validator counts without stake distribution would therefore misstate the safety test. The correct figures are stake participating in each round, stake that is offline, and stake that disagrees. Those figures need timestamps because stake assignments and operator availability change.
The proposal says a directly finalized block also decides its ancestors: prior blocks in its chain become finalized and omitted slots are treated as skipped. That means a dashboard can show finality arriving in groups after a slow period. A measurement that averages those ancestors’ apparent completion times into one attractive number would be hard to compare with a user who waited through the pause. The test should retain each block’s original proposal time and certificate observation time.
The protocol authors do not claim the same adversarial threshold as every competing design. Their 20 plus 20 framing accepts a different balance between Byzantine faults and unresponsive stake in exchange for a shorter normal path. Whether that trade is acceptable is a governance judgment informed by threat modeling and performance evidence, not a matter settled by a single fastest-case demonstration. The unusually candid security section in SIMD-0326 makes it possible to report the trade without attributing motives to either side.
Switching consensus requires a shared starting block The migration document addresses a problem that a speed chart cannot show. Old and new consensus cannot safely run as independent histories after the cutover. Validators must agree on the final old block that becomes the parent of the first Alpenglow block. The document calls that shared point the Alpenglow genesis block. If operators disagree on it, their subsequent finality certificates would refer to incompatible histories.
The proposed handoff begins after a feature activation slot, but the boundary used for migration sits 5,000 slots later. The extra interval is meant to avoid the start of an epoch. The process then waits for a block meeting a strong optimistic confirmation condition, with votes representing at least 82% of stake in the proposal’s specified pattern. Validators sign a genesis vote for a common ancestor block. An 82% genesis certificate gives them the evidence to switch. The arithmetic of those thresholds is part of the migration design, separate from Votor’s 80% fast finalization route after the switch.
A validator receiving the genesis certificate verifies its signatures against the relevant epoch’s BLS keys and broadcasts it. The plan then initializes Votor from the selected block and stops TowerBFT for later slots. It rolls back blocks after the selected genesis point and resets the associated state before processing new blocks. The document argues this rollback is safe because user transactions are not packed into those interim blocks. That claim deserves a test on the actual cluster; it is not something an app operator can verify from the finality headline alone.
A node may be offline during the handoff. The document describes how a returning validator can learn the genesis certificate from a snapshot or catch up after observing a valid Alpenglow finalization certificate. This is where release engineering meets consensus theory. If a late node interprets the transition incorrectly, it can present stale or inconsistent data even when the majority cluster continues. Exchanges and RPC providers should exercise restart and snapshot restore scenarios, not just watch the initial cutover succeed.
There is an explicit liveness cost. The migration proposal says the handoff can interrupt progress, optimistically for one slot beyond the boundary. A one-slot expectation is not a maximum service-level guarantee. The public postmortem after activation should state how many slots were skipped, whether user transaction packing paused, and how long external services took to resume normal confirmation reporting. A fast steady state cannot make the transition interval disappear from users’ experience.
This is why the mainnet date cannot be inferred from a general software calendar. A safe cutover needs compatible BLS key registration, an adopted feature gate, a shared starting block, certificate distribution, rollback behavior and recovery for lagging nodes. Those are observable tasks for operators. The migration specification gives them a checklist, while the actual network exercise will show whether the checklist is sufficient.
JUST IN: Tokenized equities on Solana hit a record $684 million
The total has jumped 47% in just three weeks, marking a new all-time high for tokenized stocks on the network. pic.twitter.com/nR1NvaIMll
— crypto.news (@cryptodotnews) September 11, 2026 Validator costs could change who participates The upgrade has an economic design as well as a latency target. Under current voting, operators send vote transactions and pay the associated fees. SIMD-0326 proposes a validator admission ticket, or VAT, charged instead of that pattern of fees. The document gives an initial estimate of about 0.8 SOL per day, or 1.6 SOL per epoch, and says the entire payment would be burned. The figure is an initial parameter in a proposal, not a live billing statement for every validator.
A fixed admission cost can simplify one expense while weighing more heavily on a small operator with little delegated stake. A large validator and a small one do not earn the same rewards. The question is whether their net economics improve after accounting for saved vote fees, hardware costs, bandwidth and the VAT. The proposal says operators should see lower resource use after migration. That is an expected effect, not a measured outcome across the live validator set.
A useful before-and-after comparison would follow the same operators through the upgrade. For each stake band, compare daily vote fees before the switch with VAT and operating costs after it. Count the share of independent operators who stop producing votes or leave the active set. A decline in machine count would not by itself prove a loss of decentralization if departing validators had negligible stake, but it would be a warning to investigate. Stake concentration and geographic diversity would add necessary context.
The proposal says an insufficiently funded validator would be removed from the active set. That makes ticket balance management an uptime issue. Operators need alerts before funds run out, and delegators need to understand what happens if their chosen validator falls inactive. The difference between a consensus protocol that works in a lab and a network that works day after day includes mundane account funding. The earlier report on Solana validator governance describes the formal decision path; continued participation after implementation is a separate test.
The production question is not simply whether 150 milliseconds is achievable. It is whether a broad enough set of validators can deliver that performance without an unreported rise in cost or operational fragility. Faster finality with a narrower operator base would be a different outcome from the full promise of the proposal. Both latency and participation need a baseline taken before the switch.
A transaction can be final while a service is still behind An exchange deposit illustrates the gap between chain finality and a user’s usable balance. First the customer submits a signed transaction. The transfer reaches a leader and is included in a block. Validators vote and a finalization certificate forms. An RPC service observes the certificate and reports it. The exchange’s deposit monitor identifies the address and asset, performs its policy checks, and credits the account. The consensus change principally shortens one interval in that sequence.
An exchange may wait longer by choice. It might require additional checks for large deposits, compare results across multiple RPC providers, or delay credit during an incident. That does not mean the chain failed its finality objective. It means a chain benchmark cannot be advertised as the customer’s guaranteed credit time. A fair product claim should distinguish block finality, RPC visibility and the institution’s own credit decision.
The reverse mistake is possible as well. An app might display a pending success as soon as its RPC node sees a block, before the finalization certificate arrives. A user could experience a quick green check even though the protocol’s strongest assurance comes later. During migration, an app that continues to label its preupgrade commitment status in the same way should be tested against the new semantics. A visually unchanged wallet interface can conceal a changed risk model.
For decentralized applications, a final block does not guarantee a favorable trade. A transaction can execute and fail under an application rule, pay fees, or settle at a price the user did not expect within the submitted parameters. Consensus finality means the ledger has decided that outcome. It does not certify that a smart contract is safe or that an oracle input was correct. The upgrade should be credited for the narrower property it is designed to improve.
To make the claim falsifiable, infrastructure providers could publish paired timestamps for a sample of transactions: arrival at their service, first inclusion, certificate observation, RPC response and customer-visible credit. They should disclose missing observations and retries. Comparing those intervals before and after activation, with similar loads and fee conditions, would show how much of the total journey Alpenglow actually shortened. That would be stronger evidence than repeating the white paper’s target.
The strongest case is a real improvement to settlement Supporters can make a substantial argument. Solana’s current confirmation path has long left a gap between rapid block production and stronger finality. If Votor reduces that gap reliably, an exchange can credit deposits sooner, a trader can reduce uncertainty after an execution, and a payment provider can settle with less waiting. The protocol proposal is a serious engineering design, and validators have already spent time testing it outside mainnet.
The prior governance coverage records the validator decision behind the proposal. The validator governance path also means the change is not merely a company promise. Operators must adopt software and participate in activation. The staged feature gate gives the network an opportunity to expose problems before production. Those strengths do not prove the final service level, but they make the testing phase consequential.
JUST IN: UsePaid shifts users to manual $SOL claims after X Money payout issues
The Solana-based protocol restricted payouts after $1.54 million in creator fees surged in 24 hours, about 26 times more than the previous day, due to a surge in creator fee activity across Solana… pic.twitter.com/TVbvOdIGVn
— crypto.news (@cryptodotnews) September 29, 2026 The opposing case is a tradeoff the authors themselves disclose: different failure assumptions accompany the faster voting design. Operators must also manage migration and client compatibility. A 150 millisecond median obtained on a calm test cluster would not answer how the protocol behaves when meaningful stake is offline or network links are unstable. That is why the evidence belongs in a failure-case report, not only a speed demonstration.
Mainnet readiness has several separate gates The first is software adoption: enough stake runs a compatible release. The second is protocol verification on testnet and devnet: votes and certificates remain correct during normal and adverse conditions. The third is operational preparation: exchanges, RPC providers, block explorers and wallets know how to observe the new finality signal. The fourth is the scheduled feature activation itself.
Anza’s tracker indicates a mainnet version floor can rise after 95% of stake adopts a new minor version and two full epochs pass. That rule governs the minimum supported version; it should not be paraphrased as an automatic Alpenglow activation at 95%. The independent feature row remains the place to check the actual pending change.
No reported test establishes that SOL price must respond in a particular way. Token prices incorporate macro conditions, funding, supply, application demand and expectations about upgrades before deployment. The earlier activation outlook covers why a consensus milestone is relevant without making it a price catalyst by definition.
What the public evidence still lacks A dated, final activation plan and a comparable public series of finality measurements under varied loads would let readers judge how close the network is to the headline promise. The test results should specify the software versions, participating stake, client types, message conditions, transaction inclusion and percentile latencies. A single best-case finalization time would be incomplete.
The most decisive report will come after the switch: repeated mainnet observations of finality and app-visible settlement, plus disclosure of any recovery events. Until then, validator testing shows the proposed system is being exercised. It does not establish that every user will experience 150 millisecond settlement.
What to watch Feature gate: Anza’s explicit Alpenglow mainnet status and activation slot, distinct from a general version-floor date. Stake adoption: The share of validator stake running a release that supports the feature. Client compatibility: Updates for validator implementations listed as unsupported in the current tracker row. Failure tests: Published recovery and long-tail latency under partitions, restarts and missing votes. User timing: Mainnet measurements from submission through finality and RPC notification, not just certificate time. FAQ Is Alpenglow live on Solana mainnet? The Anza tracker consulted for this feature listed SIMD-0326 under pending mainnet activation. Testnet and devnet activity is not mainnet activation.
Did Alpenglow launch on September 28? No verified Alpenglow mainnet launch follows from the general September 28 feature activation window. Its own feature gate remained a separate pending item.
What is Votor? Votor is the new consensus voting component in the initial Alpenglow proposal. It is intended to change how validators finalize blocks.
Is Rotor included in the initial switch? SIMD-0326 says the initial scope leaves Rotor’s replacement of data propagation for a separate proposal. The network retains Turbine at first.
Does 150 milliseconds mean every payment completes that fast? No. A consensus finality target excludes some time spent signing, submitting, awaiting inclusion, executing and hearing back from an RPC provider.
What does the 20 plus 20 model mean? The proposal describes resilience under assumptions involving adversarial stake and separately unresponsive stake. It explicitly discusses a different Byzantine tradeoff from two-round protocols.
What is the version floor? It is the minimum software version supported on a cluster. Raising it can prepare nodes for a feature without automatically activating that feature.
What would prove the performance claim? Repeatable mainnet data showing fast finality and acceptable tail behavior under real traffic, with start and end points defined. This is educational analysis, not investment advice.
Disclaimer: This article is for information and educational purposes only and does not constitute financial or investment advice. Figures reflect regulatory filings and reporting available at the time of writing and change with each disclosure. Nothing here is a recommendation to buy, sell, or hold any security or asset. Always do your own research. Information is accurate as of September 29, 2026.
Solana ETF na denních čistých přílivech překonaly XRP: 28. září přiteklo do fondů SOL 12,70 milionu USD oproti 3,96 milionu USD u XRP. Za posledních 30 dní SOL nasbíralo 278,20 milionu USD, XRP 127,05 milionu USD.
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Unexpectedly, Solana (SOL) ETFs have surpassed XRP by a significant margin, surprising many. On September 28, U.S. daily net inflows into Solana funds totaled $12.70 million, while XRP products brought in $3.96 million. That is more than 300%, or about 3.2 times more.
The lead is consistent over time. SOL's inflows more than doubled those of XRP over the last 30 days, with Solana ETFs collecting $278.20 million compared to $127.05 million for XRP. The cumulative net inflows for Solana and XRP are $1.62 billion and $1.80 billion, respectively, indicating that XRP's lead is rapidly diminishing.
SOL/USDT Chart by TradingViewThe shift is even more evident in net assets. Solana funds now hold $1.93 billion, surpassing the $1.68 billion held by XRP. Additionally, Solana has nine ETFs available, while XRP has only five. Even though XRP has a higher market capitalization of $95.47 billion compared to $70.69 billion for SOL, SOL products make up 2.72% of the token's market capitalization, significantly more than XRP's 1.76%. Daily value traded stood at $39.37 million for XRP and $90.43 million for Solana.
HOT Stories
Demand is also reflected in price action. SOL easily cleared the 200-day moving average around $95 after rising from the $75 area in early August to about $119.81. Higher highs were reached in September, with a local peak near $125. The 50-day moving average is pulling away from the 200-day, while the moving averages are rising and stacked bullishly.
Staying heavily overboughtAlthough the RSI is comfortably near 60 rather than in extreme territory, recent candles show some cooling, with a pullback from $125 and fading volume. That leaves room for further upside without the asset immediately entering heavily overbought territory.
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Institutional appetite is currently leaning toward Solana, and ETF flows are frequently used as a proxy for institutional demand. In terms of cumulative inflows, XRP continues to lead, but recent momentum has clearly shifted toward SOL. The difference in assets under management and market share may grow further if SOL maintains support at $110 and inflows continue at this rate.
Compared to Bitcoin's $107.82 billion and Ethereum's $17.69 billion, Solana's ETF footprint is still modest, but what counts in this case is its trajectory.
Dvě dlouho neaktivní QNT peněženky přesunuly 42 450 QNT za zhruba 10 milionů USD po více než třech letech; část skončila na Binance, Coinbase a Kraken. QNT mezitím za posledních 24 hodin vzrostl asi o 27,5 % na úroveň kolem 247 USD.
Dormant QNT whales moved 42,450 tokens worth nearly $10 million after more than three years, with part of the holdings deposited to major exchanges.
Long-dormant Quant wallets have started moving millions of dollars in QNT following the asset’s sharp price rally, with some of the tokens already reaching Binance, Coinbase, and Kraken, according to Lookonchain.
The activity involves two wallets that had remained largely inactive for more than three years. Combined, they moved 42,450 QNT worth roughly $10 million at the time of the transfers
The moves come as QNT trades around $247, up roughly 27.5% over the past 24 hours, according to CoinMarketCap. The asset has traded between $196.11 and $357 during the period, while 24-hour volume has climbed to about $1.55 billion.
8,250 QNT Moves to Binance Lookonchain identified one wallet, beginning with 0x6d32, that had been dormant for more than three years before sending 8,250 QNT, valued at around $1.88 million, to a Binance deposit address.
Arkham data shows the 8,250 QNT transfer occurring roughly 13 hours before the snapshot. The same wallet had interacted with Binance several years earlier before entering its long period of inactivity.
Arkham data shows long-dormant QNT wallets moving tens of thousands of tokens after more than three years of inactivity, including an 8,250 QNT transfer to Binance and movements linked to Kraken. Source: Arkham/Lookonchain. Moving tokens to an exchange increases their immediate availability for trading, although an exchange deposit alone does not confirm that the holder sold the entire amount.
Second Whale Moves 34,200 QNT A larger wallet, beginning 0xd633, also became active after more than three years.
Lookonchain reported that the wallet moved 34,200 QNT worth approximately $8.05 million and had already deposited 9,000 QNT worth about $2.12 million into Coinbase and Kraken.
Arkham records show three separate transfers of 10,000 QNT from the wallet, worth about $2.32 million to $2.37 million each, alongside another 4,200 QNT transfer worth roughly $1.02 million.
long dormant QNT wallets One receiving wallet subsequently sent 2,000 QNT, valued near $455,400, to a Kraken deposit address.
QNT Rally Brings Dormant Supply Back Into Motion QNT’s recent rally has been accompanied by a sharp increase in trading activity. CoinMarketCap places its market cap near $2.98 billion, with approximately 12.07 million QNT in circulation.
The rally accelerated after The Clearing House selected Quant to provide technology for an on-chain money initiative connecting existing U.S. payment infrastructure. QNT subsequently traded above $285 during the move, according to market data cited by Lookonchain.
The dormant-wallet activity adds potential exchange supply as QNT trades well above its levels from earlier this month. However, on-chain activity is moving in both directions: another newly created wallet withdrew 10,390 QNT worth $2.87 million from Coinbase, showing that exchange outflows are occurring alongside the dormant-wallet deposits.
Raydium vykázal nejvyšší týdenní tržby za více než rok díky tokenizovaným akciím. Za posledních 7 dní přibylo 1,19 milionu dolarů a 30denní tržby dosáhly 4,43 milionu dolarů.
Raydium, the largest decentralized exchange on Solana, just posted its best weekly revenue numbers in over a year. The catalyst wasn’t another memecoin frenzy. It was tokenized stocks.
The protocol’s 30-day holders revenue climbed to $4.43 million, with $1.19 million of that coming from the most recent seven-day window alone. Total protocol revenue over the trailing 30-day period hit $6.94 million, a level the DEX hasn’t touched since the summer of 2025.
StonkFun changes the economics The revenue spike traces back to a single integration. On September 5, 2026, Raydium onboarded StonkFun, a platform built around tokenized equities, through its LaunchLab infrastructure. The move collapsed the cost of deploying a new token from 0.29 SOL to 0.03 SOL. That’s roughly a 90% reduction in launch fees.
The cheaper on-ramp triggered an immediate wave of tokenized equity trading. Assets tracking well-known companies like Boeing and Roblox started seeing meaningful volume flow through Raydium’s pools. Just one day after the integration, on September 6, Raydium logged a single-day protocol revenue peak of nearly $440,000.
That same day, protocol buybacks of Raydium’s governance token RAY reached $640,788, the largest daily buyback figure since February 2025. The buyback mechanism works like a stock repurchase program: protocol revenue is used to buy RAY off the open market, reducing circulating supply and theoretically supporting the token’s price.
The market took the hint. RAY rallied approximately 90% over the span of a week, climbing to an 11-month high of around $2.01. Its market capitalization approached $543 million during the peak of the move.
From memecoins to tokenized equities Raydium’s origin story is deeply tied to the memecoin economy. The protocol served as the primary liquidity venue for Solana’s parade of dog-themed, frog-themed, and celebrity-adjacent tokens throughout 2024 and into 2025. When the memecoin trade cooled, so did Raydium’s numbers.
The StonkFun integration represents something different. Tokenized-asset trading volume on Raydium grew substantially in Q2 2026, reaching $2.09 billion for the quarter. Raydium’s LaunchLab, which originally served as a token creation and liquidity bootstrapping tool for memecoins, has effectively been repurposed. By dramatically cutting deployment costs, it became a viable launchpad for tokenized versions of traditional financial instruments.
What this means for Solana’s DEX landscape The $2.09 billion in tokenized-asset trading volume during Q2 2026 signals genuine demand. At $640,788 in a single day, the protocol is generating enough revenue to meaningfully support its own token price through open-market purchases.
The risk, of course, is that tokenized equity trading faces regulatory scrutiny that memecoins largely avoided. Synthetic stock tokens occupy a gray area in most jurisdictions. If regulators decide these instruments constitute securities, platforms facilitating their trading could face enforcement actions. The cost reduction that made StonkFun’s integration so impactful also makes it trivially cheap to launch tokens that might attract regulatory attention.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Injective spustil první „Stockdrop“, v němž mohou účastníci spálit INJ a získat šanci na tokenizované akcie Nvidia, AMC nebo Meta. Akce odstartovala 23. září a běží do 30. září.
Injective launched what it’s calling a “Stockdrop,” an event that lets participants burn their INJ tokens and, in return, potentially receive tokenized versions of real equities like Nvidia, AMC, and Meta.
The Stockdrop kicked off on September 23 alongside Injective’s monthly Community BuyBack program, running through September 30. After that, participants get a one-week window to claim any tokenized stock rewards they’ve been allocated.
How the Stockdrop actually works The mechanics sit on top of Injective’s existing buyback infrastructure, which has been running monthly since late 2025. Participants commit their INJ tokens to the program. Those tokens get permanently burned, reducing the circulating supply. In exchange, participants receive a share of the Injective ecosystem’s revenue.
The Stockdrop adds a new layer. Each participating wallet gets a chance to be randomly allocated a tokenized stock, regardless of how much INJ the user commits. Whether someone commits 10 INJ or 10,000, each wallet has an independent shot at receiving tokenized stock.
The tokenized stocks available include shares linked to Nvidia, AMC, Meta, Snap, SPCX, and HIMS. These tokenized equities live on the Robinhood Chain, an Ethereum Layer 2 solution purpose-built for tokenized stocks. That infrastructure enables 24/7 trading and faster settlement times than traditional equity markets.
The buyback machine behind it all Prior rounds have burned over 7.2 million INJ tokens, valued at approximately $55.5 million. Participants in those earlier rounds have received an average return of roughly 23.9% per round.
The program operates under governance proposal IIP-617, which codified the buyback-and-burn mechanism as a core part of Injective’s tokenomics. Each month, the protocol uses ecosystem revenue to buy back INJ from committed participants, then permanently destroys the tokens.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Sei Labs vyvíjí upgrade Giga, který má zvýšit propustnost sítě nad 200 000 TPS a zkrátit finalitu na méně než 400 milisekund. Dřívější rozsah byl zhruba 5 000 až 12 500 TPS.
From Wall Street to the blockchainWhen Robinhood halted GameStop ($GME) trading at the height of the January 2021 short-squeeze frenzy, it exposed a fault line that two engineers could not ignore. @jeffdfeng (Jeff Feng), a former Goldman Sachs technology banker who later moved into venture investing at Coatue, and @jayendra_jog (Jay Jog), a former Robinhood software engineer, saw a centralised system buckle under pressure and decided to build something different.
The two co-founded @Sei_Labs in 2022, setting out to create trading infrastructure with no single point of failure. Most of the startup's early engineering team came from Robinhood's clearing team, bringing firsthand knowledge of exactly where centralised systems break down.
Market makers Flow Traders and Hudson River Trading backed the project, joining a $5 million seed round led by Multicoin Capital, with participation from Coinbase Ventures and GSR. The capital enabled @SeiNetwork to build out its mainnet, which launched in August 2023.
The Giga rebuild: chasing 200,000 TPSSei Labs is not standing still. The team is now rolling out Giga, an ambitious chain rebuild that targets 200,000 transactions per second with finality under 400 milliseconds. The upgrade is being delivered through three major components: Autobahn, Ares, and Eidos, each targeting a different part of Sei's infrastructure, covering consensus, transaction execution, and blockchain storage.
The project is targeting more than 200,000 TPS, compared with the network's previous throughput range of roughly 5,000 to 12,500 TPS. The storage (Eidos) and execution (Ares) engines are already live following the v6.6 mainnet upgrade in August 2026. The final component, Autobahn, will introduce a multi-proposer consensus design, replacing the single-proposer model to unlock foundational throughput gains, and its mainnet activation is the next major technical milestone.
Sei's internal testing has demonstrated more than 200,000 TPS under controlled conditions, though those results do not represent sustained mainnet performance. The gap between a controlled benchmark and real-world load remains the key variable to watch as the rollout continues.
What started as a reaction to a retail trading crisis has grown into a serious infrastructure play, with Sei Labs positioning $SEI as a high-throughput home for DeFi and on-chain trading applications.
Sources
Bloomberg: Ex-Goldman Banker's Crypto Startup Backed By Flow Traders, Hudson River Trading
Crypto.news: Sei starts phased Eidos upgrade to prepare network for 200,000 TPS
The Block: Top market makers back new blockchain for trading founded by Goldman Sachs and Robinhood alums
Sei Network od spuštění mainnetu v polovině roku 2023 překročila 2,63 miliardy transakcí. Tím se přibližuje zhruba 3,75 miliardy transakcí na Ethereum mainnetu za více než 11 let.
A Remarkable Throughput Milestone@SeiNetwork has crossed 2.63 billion total transactions since its mainnet launch in mid-2023, a figure that puts the scalability-focused EVM blockchain in rare company across the entire crypto industry. To put that number in perspective, @Ethereum mainnet has processed roughly 3.75 billion transactions over more than 11 years of operation. Sei has come close to matching that figure in under three years.
The comparison is striking not because it diminishes Ethereum's standing as the dominant smart contract platform, but because it illustrates just how aggressively Sei has been built for throughput. Sei is a high-performance Layer 1 blockchain designed to achieve the speed and efficiency of centralized systems without sacrificing decentralization. Its architecture uses a parallel execution engine that allows multiple independent transactions to be processed simultaneously, supporting a theoretical maximum of 12,500 transactions per second on its current mainnet, with finality in under 400 milliseconds.
What Comes Next for SeiThe 2.63 billion transaction milestone arrives as Sei pushes toward an even more ambitious phase of its development. The Giga upgrade is Sei Network's major 2026 technical milestone, targeting over 200,000 transactions per second and sub-400 millisecond finality through a new Autobahn consensus mechanism and asynchronous parallel execution. The storage and execution engines are already live following the v6.6 mainnet upgrade in August 2026.
Sei has also committed to completing its transition to an EVM-only chain, deprecating its original CosmWasm smart contracts and native Cosmos transaction types through community vote SIP-3. The move is designed to consolidate development focus and lower the barrier for Ethereum developers looking to build on a faster execution environment.
The Sei Development Foundation has reported significant ecosystem metrics, including 85 million new wallets and over $250 billion in stablecoin transactions. With $SEI's throughput numbers now approaching those of chains with a decade-long head start, the network's case as a serious contender in the Layer 1 landscape is becoming harder to dismiss.
Sources:
Ledger Academy: What Is the Sei Network?
BYDFi: SEI Price 2026 and the Giga Upgrade
Gemini has added HYPE staking to its platform, giving customers in most US states a way to earn roughly 2.1% annually on Hyperliquid’s native token. No minimum stake is required, and the exchange charges no transfer or redemption fees.
New York residents are excluded, as they are from many staking products on US platforms.
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What Hyperliquid actually is, and why the yield exists Hyperliquid runs a Layer 1 blockchain built specifically around perpetual futures trading. The network uses a delegated proof-of-stake model secured through a consensus mechanism called HyperBFT. Token holders delegate their HYPE to validators, validators process transactions, and the network rewards everyone involved from a pre-allocated emissions reserve.
Right now, approximately 440 million HYPE tokens are staked, representing about 44% of the total supply of 1 billion tokens. With current staking levels, the emissions reserve produces between 2.1% and 2.3% APY.
For users staking directly on Hyperliquid’s own infrastructure, unstaking involves a seven-day queue after a one-day delegation lock. Validators must also maintain a self-delegation of 10,000 HYPE tokens.
Gemini is not alone in this trade Kraken introduced HYPE staking in June 2026, offering a tiered reward structure that reaches up to 2.2% APY. Kraken excludes both New York and Maine.
Grayscale launched the HYPG ETF on Nasdaq on June 3, 2026, structured to provide HYPE price exposure while incorporating staking rewards into its return profile. The fund carries a 0.29% sponsor fee.
Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.
PUMP za 24 hodin vzrostl o 20 %, ale po růstu na 0,005287 USD ustoupil zpět na 0,004881 USD. Pump.fun už na buybacích utratil 466,25 milionu USD a stáhl 16,84 % nabídky.
Pump.fun [PUMP] recorded a rapid increase in platform activity as new token launches climbed more than 25,000% within 24 hours. The increased usage reinforced the buyback story as the platform revenue continued supporting direct PUMP buys.
At press time, Pump.fun had spent $466.25 million on buybacks, removing 16.84% of the total token supply. The robust platform usage, therefore, introduced a direct connection between ecosystem activity and the contracting circulating supply.
PUMP’s trading activity expanded alongside the recovery, with 24-hour spot volume rising 66.59% to $353.8 million and price jumping 20% over 24 hours.
Even so, the stronger fundamentals, however, did not prevent short-term price volatility as investors increased exposure around the recovery.
Source: Cumulative Buybacks on Pump.fun Leverage rushes back into Pump.fun Market players on the derivatives increased their exposure considerably as PUMP recovered from its September lows. Derivatives volume notably surged 198.47% to $1.11 billion, reflecting a steep expansion in the speculative participation.
Additionally, the Open Interest (OI) followed the advance, jumping 17.26% to $429.46 million. The rising OI implied traders added leveraged positions rather than closing the existing ones.
Additionally, liquidation data introduced another crucial element to the derivatives outlook. In particular, the long liquidations hit nearly $1.03 million, with the short liquidations totaling about $486,010 during the observed period.
The leveraged longs, therefore, absorbed substantially greater losses as PUMP faced renewed volatility.
Furthermore, the imbalance also highlighted how quickly bullish positioning faced pressure during the rally exhaustion.
The spot flow, however, offered a different perspective on the underlying supply around PUMP.
Source: PUMP Spot Netflows on CoinGlass Spot outflows counter the leverage shakeout At the time of writing, PUMP had recorded roughly $2.32 million in net spot outflows, implying that outflows exceeded inflows during the measured 24-hour period.
Notably, the withdrawals contrasted with the liquidation pressure affecting the leveraged traders. In fact, while the derivatives longs suffered heavier liquidations, spot participants, on the other hand, continued removing Pump.fun from exchanges.
This divergence, therefore, reinforced the broader supply story surrounding Pump.fun’s buyback activity. The buybacks had already reduced circulating supply, while spot outflows further limited immediately available tokens on exchanges.
Even so, these outflows alone, however, did not validate a continued upside after PUMP hit a key technical barrier. On the charts, the price action had already encountered selling pressure around the upper resistance area.
Source: Long/Short Liquidation Chart on CoinGlass Correction tests PUMP’s recovery structure During the rapid price expansion, PUMP reached the $0.005287 price level before sellers forced a pullback, pushing the token back to $0.004881. Notably, the most recent daily candle had declined 5.32% as the correction emerged.
More importantly, the price retracement followed a roughly 20.51% daily advance from the $0.004500 region towards the resistance. That earlier price uptick left the $0.004500 level as the nearest key support beneath the prevailing market value.
Meanwhile, volatility also started rising again, with the 14-day ATR pushing towards 0.000475, suggesting wider price swings as PUMP retreated from resistance.
Additionally, the RSI indicator also cooled to 60.77 after touching the 65.73 area as of writing, confirming weaker buying pressure during the rejection. However, the technical indicator remained above its 54.70 moving average as the Pump.fun price retreated.
Ultimately, a successful defense of the $0.004500 region could protect the broader recovery and support another challenge of the $0.005287 supply zone.
Alternatively, losing that key level, however, could expose the deeper $0.003834 support zone.
Source: PUMP/USDT Daily Chart on TradingView Final Summary Pump.fun buybacks and spot outflows continued reducing available PUMP supply. PUMP’s correction puts $0.0045 support in focus before another potential recovery.
Ripple míří na odhadovaný trh firemních treasury plateb v objemu 120 bilionů dolarů a rozšiřuje svůj globální dosah prostřednictvím nových bankovních a platebních integrací. ACI Worldwide nově přidal podporu pro nové platební trasy s XRP.
Recent discussions on X have reignited debate about the foundational structure of the XRP Ledger, especially regarding its smallest accounting unit, known as a ‘Drop.’ Each XRP coin is divisible into one million Drops. Given this fractional structure, even minor XRP price changes or increases in network liquidity can have a noticeable impact on the value of individual Drops, highlighting the network’s capacity for handling large-scale economic flows.
Corporate treasury ambition and acquisition strategyRipple CEO Brad Garlinghouse recently described the company’s focus on the estimated $120 trillion corporate treasury payments market. This expansive target reflects Ripple’s goal to modernize international B2B payments and optimize cross-border treasury flows using digital infrastructure.
To strengthen its corporate offering, Ripple acquired GTreasury last year. GTreasury reported processing over $13 trillion in payments, although none of these transactions were conducted in digital assets. Garlinghouse emphasized that Ripple’s next objective is to “make a dent in the universe,” underscoring the company’s determination to extend digital payment adoption within traditional finance.
The foundation of Ripple’s mission centers on enabling money to move as swiftly and transparently as information flows in today’s digital age. The company’s $155 trillion volume reference is based on SWIFT’s annual trading activity, positioning Ripple to compete within this domain.
Emerging partnerships and ISO 20022 complianceRipple’s collaboration with SWIFT on ISO 20022 compliance further supports its expansion into global financial networks. The international messaging standard is seen as a crucial step for linking traditional financial institutions with blockchain-based infrastructure, paving the way for more seamless integration of digital assets into global transactions.
Jeonbuk Bank of South Korea recently took a significant step by substituting its multi-day SWIFT transfers with Ripple Payments, demonstrating the increasing adoption of Ripple’s solutions among established banks. This development illustrates the gradual realization of Ripple’s sixteen-year-long vision to overhaul global payments infrastructure.
Ripple’s cooperation with SWIFT on ISO 20022 is positioning the company to directly interface with critical components of the global payments system, opening doors for more efficient cross-border transfer solutions.
However, it remains uncertain whether XRP will serve as the settlement medium in every transaction. Ripple’s ecosystem offers flexibility, as the On-Demand Liquidity (ODL) solution and RippleNet Payments allow a range of digital assets and facilitate swaps with local currencies.
Stablecoin rivalry and expanding payment routesCompetition within Ripple’s own network has intensified following the launch of the RLUSD stablecoin. With a market capitalization surpassing $2.5 billion within just two years, the RLUSD stablecoin has drawn attention from major Wall Street institutions and established crypto players, potentially shifting market preferences between native XRP and RLUSD for specific payment rails.
In the evolving landscape of meme tokens and high-volume trades, timely monitoring of price developments and investor behaviors is vital. In this context, an internet trend can rapidly translate into multimillion-dollar trading volumes; one prominent example is a $99 trade in Niu Lai that grew to approximately $370,000, according to Fomo App data. By aggregating token discovery, social feeds, and trading notifications, platforms like Fomo App are helping traders remain agile in the fast-moving meme token sector.
Separately, ACI Worldwide has added support for new payment routes featuring XRP. Handling close to 9% of SWIFT’s global trading volume, ACI Worldwide’s move brings Ripple closer to its previously stated aim of capturing 14% of SWIFT’s annual transaction volume.
ACI Worldwide’s integration of XRP into supported payment routes signals a milestone for Ripple’s international ambitions and underlines the growing acceptance of blockchain solutions in established payment networks.
Ether.fi will cut its last structural tie to EigenLayer by the end of this quarter, completing its exit from the restaking business it was built on. The protocol's documentation states that less than 1% of its assets remained restaked as of August and that its EigenPod withdrawal credentials are due to be removed by the fourth quarter of 2026.
In August, ether.fi removed restaking from weETH, its widely used DeFi collateral token, which now functions as a standard liquid staking token. Users who still want restaking exposure have to opt into a separate product built on Symbiotic, a rival restaking platform.
"There were no meaningful yield opportunities in restaking and there was some perceived risk from stakers, so we decided it made sense to exit," chief executive Mike Silagadze told CoinDesk.
The numbers behind that decision are stark. According to DefiLlama data cited by CoinDesk, the restaking category held $10.02 billion on Sept. 8 but generated only $99,977 in fees over the previous week. Liquid staking, on $51.87 billion, generated $27.35 million, meaning ordinary staking earns roughly 53 times more per dollar secured. The services renting security from EigenLayer never paid enough to fund the second layer of yield restaking promised.
The rest of the sector has fared worse. Renzo, Kelp, Swell, Puffer Finance and Bedrock, the five largest remaining liquid restaking tokens, made a combined $953,350 in gross profit in the second quarter of 2026, down from $2.18 million three quarters earlier, CoinDesk reported. Puffer, which raised $23 million, made $21,590 in the quarter.
Several developments removed what incentive remained. Points programmes that subsidised deposits wound down through 2025, and EigenLayer activated slashing in April 2025, attaching a real penalty to restaking without adding yield to compensate. In April this year, an attacker exploited Kelp's cross-chain bridge to mint about $293 million of unbacked rsETH and borrow real ether against it on Aave, exposing the extra risk carried by the token wrappers that sit on top of restaking.
Ether.fi's answer has been to rebuild itself as a crypto neobank, with a card that lets users spend against their holdings, a borrowing market and a set of vaults. Card fees rose from 17% of monthly revenue in January to 46% in July. "Neobank revenue has fully replaced the revenue lost from restaking and lower ETH price," Silagadze said, adding that ether.fi was on track to grow its revenue run rate by about 38% this year.
DefiLlama's figures are less flattering. CoinDesk found ether.fi's gross profit fell 47% from $18.71 million in the third quarter of 2025 to $9.99 million in the second quarter of 2026, and that restaking was still its second most profitable line, at $2.87 million, when it decided to leave. Ether.fi has not published the basis for its 38% figure.
EigenLayer itself has rebranded as EigenCloud and now markets verifiable computing, with restaked collateral as the layer underneath. Its holdings stand at $5.10 billion, down from $22.06 billion in August 2025.
Ethereum od začátku měsíce vzrostlo o více než 9 % a aktivita velryb prudce roste. Transakce nad 1 milion USD vzrostly z 1 202 na 7 113 a velcí držitelé nashromáždili více než 320 000 ETH. Před ním ale stojí silná rezistence mezi 2 722 a 2 822 USD.
Ethereum is attracting stronger buying interest from several corners of the market, though a major resistance level remains in focus.
September 2026 is turning out to be entirely different for Ethereum, as it appears to have bucked the “September Curse.” Since the start of the month, ETH is up by more than 9%.
Fresh data also revealed that the asset may be approaching a major resistance zone before a potential bullish move.
Real Test According to the latest findings by Ali Martinez, whale activity has risen sharply across the Ethereum network. Transactions worth more than $1 million jumped nearly 500% in the past week. The number of such transactions increased from 1,202 to 7,113. Martinez also found that large holders accumulated more than 320,000 ETH. At current prices, this stash is worth around $864 million.
However, Ethereum still faces a major wall between $2,722 and $2,822. More than 13.3 million ETH were previously traded in this range, which makes it a significant hurdle. Martinez said several failed breakout attempts could occur. If the leading altcoin breaks above this zone decisively, the next resistance levels are near $2,970 and $3,366. According to the analysis, rising whale demand remains a major market signal.
At the same time, another important trend is developing on the supply side. CryptoPotato recently reported that Ethereum’s available supply on crypto exchanges has dropped to a record low. Only 3.49% of ETH is held on tracked platforms, while another 1.16% of the supply has left exchanges since June 1.
The decline is linked partly to growing activity in staking and DeFi. Around 35% of ETH is estimated to be staked, while roughly $53 billion is locked in DeFi. Long-term holders and large treasury firms are also keeping more tokens off exchanges. This could limit readily available supply if demand increases.
Separately, Ethereum is also seeing an aggressive bet from a trader with an unusual track record. A mysterious trader has taken a $99 million long position on the crypto asset using 25x leverage. The position was opened when ETH traded near $2,660, with liquidation set at $2,552 unless more collateral is added.
You may also like: Institutions Watched Bitcoin Fall 50%: Yet None of 15 Bitwise Surveyed Investors Cut Exposure Ethereum Is Disappearing From Exchanges Fast: Here’s Where All the ETH Is Going Ethereum Investors Are Pulling ETH Off Binance at a Pace Not Seen in 3 Years The trader has reportedly made 3,156 trades with a 100% win rate and earned $5.5 million in profits last week alone.
Institutional Appetite On the institutional side of things, US-based spot ETH ETFs recorded another week of positive inflows, as nearly $690 million entered across five trading days. Monday saw the strongest inflow at almost $270 million.
On Tuesday, these investment products attracted $162 million, while Wednesday brought another $104.6 million, followed by $66 million on Thursday. Flows picked up slightly on Friday, with almost $87 million recorded.
Chainlink spustil CCIP 2.0 s podporou Ethereum Fast Confirmation Rule, takže cross-chain převody mohou trvat jen 12 až 24 sekund místo zhruba 13 minut. Výchozí režim ale dál čeká na plnou finalitu.
Chainlink and Ethlabs bring Ethereum's Fast Confirmation Rule to CCIP 2.0@chainlink has launched CCIP 2.0, and its headline feature is a significant cut to Ethereum cross-chain transfer times. Working with @ethlabs_org, Chainlink has built support for Ethereum's Fast Confirmation Rule (FCR) directly into the protocol. Transfers that previously required a full wait for $ETH finality, around 13 minutes under normal network conditions, can now settle in as little as 12 to 24 seconds.
According to Chainlink's official announcement, @ethlabs_org collaborated with @chainlink to make CCIP 2.0 one of the first protocols to support the FCR. The FCR works by evaluating validator attestations in real time, treating a block as safely confirmed after a single slot rather than waiting two full epochs for economic finality.
Speed comes with caveats, and CCIP's default stays cautiousThe faster route carries a meaningful trade-off. Unlike full Ethereum finality, where reversing a confirmed block would require burning at least one-third of all staked $ETH, the Fast Confirmation Rule relies on the network operating normally. In rare cases, a fast-confirmed block can still be reversed. No staked ETH is at risk if the fast path fails, but the security guarantee is softer.
That distinction shapes how CCIP 2.0 applies the feature. The protocol still defaults to waiting for full 13-minute finality. Token issuers can choose to open the faster path for their users, but doing so means accepting the associated risk and charging additional fees accordingly. Existing CCIP integrations continue to work without changes, and different assets can carry different finality settings depending on the issuer's preference.
The broader CCIP 2.0 release also introduces Cross-Chain Verifiers, which let institutions add their own independent verification layer on top of Chainlink's existing infrastructure. Aave and Maple are among the early adopters of the upgrade's features, and partners at launch include ANZ Bank, Fidelity International, Google Cloud, and Amazon Web Services, among others.
Chainlink oznámil, že propojí finanční instituce se Swift blockchainovým registrem prostřednictvím platformy Chainlink. Banky tak budou moci spravovat tokenizované vklady a 24/7 platební workflow při zachování vlastní správy klíčů.
, /PRNewswire/ -- Chainlink today announced it is working to enable financial institutions to connect their systems and key signing infrastructure to Swift's blockchain ledger through the Chainlink platform.
Chainlink today announced it is working to enable financial institutions to connect their systems and key signing infrastructure to Swift’s blockchain ledger through the Chainlink platform. This solution enables banks to easily access the Swift ledger and manage their usage of smart contracts on both their own ledgers for tokenized deposits and the Swift ledger. At the center of the solution is a self-signing model for financial institutions enabled through the Chainlink Runtime Environment (CRE). Institutions retain control of the keys used to authorize transactions, while CRE orchestrates workflows connecting financial institutions to Swift's ledger. This enables banks to adopt 24/7 tokenized payment workflows while preserving their existing security governance, approval processes, and operating models.
Financial institutions will be able to use CRE to seamlessly connect to Swift's ledger, a digital platform for orchestrating 24/7 cross-border payments using tokenized deposits. These deposits live on bank-owned ledgers and securely coordinate the movement of funds between participating institutions, including overnight and weekends.
Swift's Ledger Enables Global Tokenized Payments
Swift's ledger provides a secure orchestration layer for 24/7 cross-border payments using tokenized deposits that remain on banks' balance sheets, thus preserving the benefits of commercial bank money. Bank-issued tokenized deposits remain on banks' own ledgers, while Swift's ledger securely coordinates the movement of funds between participating institutions, including overnight and on weekends.
This orchestration takes place before final settlement. Swift's ledger does not change Swift's role as a global financial messaging network, and final settlement continues through agreed mechanisms, such as real-time gross settlement systems. Banks can therefore extend payment availability without replacing their existing settlement arrangements.
"I'm very excited about the Swift ledger and what it will mean for tokenized deposits, as well as where global payments goes next. We are thrilled to be supporting the Swift ledger as more banks seek to join it and need a technology partner that can help them launch tokenized deposit capabilities and properly connect to the Swift ledger to gain the full benefit of its large network of users." Sergey Nazarov, CEO, Chainlink Labs
Swift announced its blockchain-based shared ledger at Sibos 2025. Designed in collaboration with more than 40 financial institutions from around the world, it went from concept to activation within nine months. Seventeen first-mover financial institutions are putting the ledger to first use by piloting tokenized deposit transactions for various use cases. Swift connects more than 11,500 financial institutions and corporates across more than 200 markets.
About Chainlink
Chainlink is the industry-standard on-chain finance platform bringing the capital markets onchain and the market leader powering the majority of DeFi. The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve. Learn more at chain.link.
DTCC integruje Chainlink Runtime Environment do nové Collateral AppChain, aby umožnil nepřetržitou správu kolaterálu téměř v reálném čase. Platforma má být spuštěna ve 4. čtvrtletí 2026.
The Depository Trust & Clearing Corporation announced on May 12, 2026 that it will integrate Chainlink’s Runtime Environment into its new Collateral AppChain platform, aiming to bring round-the-clock, near real-time collateral management to financial markets that currently run on systems built decades ago.
To put DTCC’s scale in perspective: it processed $4.7 quadrillion in securities transactions during 2025 and holds custody of $114 trillion in assets from investors across more than 150 countries.
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What the Collateral AppChain actually does The Collateral AppChain is built on Hyperledger Besu, a permissioned blockchain, and will use Chainlink’s Runtime Environment to handle orchestration and data feeds across the platform. In practice, that means Chainlink’s infrastructure will coordinate the flow of information between different blockchains and financial systems.
Automated workflows will cover the full collateral lifecycle: eligibility checking, valuation, margin calculation, optimization of which assets to post where, and final settlement. The goal is to compress what currently takes hours or days into something that runs continuously, around the clock.
DTCC has set a target launch window of Q4 2026 for the platform.
Why this partnership makes sense for both sides In 2024, Chainlink participated in a Smart NAV pilot alongside JPMorgan, BNY Mellon, and Franklin Templeton, which explored delivering mutual fund net asset value data onto blockchain networks.
DTCC’s decision to build on Hyperledger Besu rather than a public blockchain reflects the institutional reality: permissioned systems with known participants are still the comfort zone for regulated financial entities. But the Chainlink integration is designed to bridge that permissioned environment with the broader blockchain ecosystem, meaning the AppChain does not have to exist in isolation.
Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.
Circle a Volante integrují USDC přímo do platební infrastruktury bank, kde si mohou instituce vyzkoušet minting, redemption i wallet-to-wallet platby. Zatím jde jen o testování, ne o produkční nasazení.
USDC is being introduced at the payment-orchestration layer rather than through a standalone crypto stack. Volante’s Vol360i already uses agentic AI for payment routing, exception resolution and operational monitoring. The current phase lets banks evaluate USDC workflows. It is not yet evidence of production stablecoin adoption by Volante’s major bank clients. Circle is taking USDC deeper into traditional banking infrastructure, but the important part of its latest partnership is not simply that more banks could gain access to a stablecoin.
It is where USDC is being inserted.
Volante Technologies is bringing USDC workflows into its AI-powered Payments Platform, allowing financial institutions to evaluate minting, redemption, beneficiary wallet registration, funding, notifications and wallet-to-wallet payments within the infrastructure they already use for payment operations.
That could turn stablecoin adoption from a separate digital-asset integration into something closer to a new payment-rail configuration.
Volante already serves four of the top five global corporate banks and seven of the top 10 U.S. banks, giving the collaboration access to infrastructure used by some of the world’s largest financial institutions. Those banks are Volante clients, however, not confirmed users of the new USDC workflows.
USDC Enters the Payment-Orchestration Layer Banks rarely rely on a single mechanism to move money.
Payment infrastructure has to accommodate different rails, destinations, settlement speeds and operational requirements while handling the processes surrounding each transaction.
Volante operates in that layer.
The Circle collaboration adds USDC workflows to the same environment, allowing banks to examine how stablecoin transactions could interact with their existing controls and on- and off-ramp requirements.
That is different from building a dedicated crypto system and connecting it back to the bank afterward.
Deepak Gupta, Volante’s Chief Product, Engineering and Delivery Officer, described the strategy directly:
“For banks, stablecoin adoption is not about building a separate digital asset stack.”
Instead, Gupta said the objective is to integrate a new rail into infrastructure banks already depend on.
That distinction is central to the partnership.
The technical ability to transfer USDC is only one component of an institutional payment. Banks also have to manage beneficiaries, funding, operational controls, exceptions and the conversion between traditional money and digital dollars.
Volante is positioning those functions inside an existing banking workflow rather than treating stablecoins as an isolated product.
What Vol360i’s AI Actually Does The AI component sits around the payment rather than inside USDC itself.
Volante launched Vol360i in June as an agentic AI framework embedded in its Payments Platform and Payments as a Service operations.
Its agents are organized around four functions: preventing failures, repairing exceptions, predicting payment outcomes and monitoring risks or operational problems. Volante says its clients already achieve straight-through-processing rates of 85% to 95%, with Vol360i designed to push automation further. Those are company-reported performance figures rather than independent benchmarks.
The system also uses a confidence-based model that allows banks to begin with assisted decision-making and gradually expand automation. Operator approvals and overrides remain part of the framework, while agent recommendations and actions are logged for auditability.
USDC does not become an “AI stablecoin” under this model.
Instead, it becomes a potential settlement workflow inside an infrastructure layer where AI is already being used to manage how payments are processed.
A Stablecoin Could Become a Routing Decision That creates the more interesting long-term possibility.
Volante’s payment infrastructure already operates across multiple rails. Its own materials describe support for systems including ACH, U.S. wires, instant payments and cross-border payment infrastructure. The company is also explicitly discussing multi-rail architectures that combine traditional systems with stablecoins.
Once USDC enters that environment, the question can eventually move beyond whether a bank “supports crypto.”
It becomes whether USDC is the appropriate rail for a particular payment.
Vol360i’s Predict Agents are designed to determine suitable outcomes for individual payments, while other agents handle exceptions and monitor operating conditions. Adding stablecoin functionality gives that architecture another potential method of moving value.
A mature version of the model could therefore evaluate several available routes according to bank-defined parameters and operational requirements before deciding how a transaction should proceed.
That remains a future possibility.
Circle and Volante have not announced that Vol360i is autonomously routing production bank payments into USDC. The current collaboration gives institutions an environment for evaluating stablecoin workflows alongside existing payment operations.
The distinction keeps the significance of the announcement in perspective: the infrastructure is being prepared for multi-rail stablecoin operations before large-scale bank deployment has been demonstrated.
AI Could Eventually Operate on Both Sides of the Payment Circle is approaching AI payments from another direction as well.
Its separate Agent Stack is designed to give AI applications access to programmable wallets, service discovery and USDC payments.
That addresses a different layer from Vol360i.
Circle’s agent infrastructure concerns software capable of initiating and receiving payments. Vol360i concerns intelligence embedded in the banking infrastructure responsible for processing them.
USDC could potentially connect the two.
An AI agent could originate a transaction using programmable money while AI-enabled banking infrastructure handles operational decisions surrounding how that transaction is processed.
The Volante collaboration does not establish that end-to-end architecture today. But the combination shows how two previously separate trends, agentic software and stablecoin settlement, could begin meeting inside financial infrastructure.
The Next Milestone Is Production, Not Another Partnership Volante gives Circle something particularly valuable: distribution into existing banking infrastructure.
The company says its technology already touches institutions representing 66% of U.S. commercial bank deposits, while its customers process approximately $1.4 trillion in Fedwire transactions daily. These are Volante-reported measures of its existing footprint, not USDC transaction volumes.
That distinction matters for evaluating what comes next.
The partnership does not mean those payment volumes are moving onchain. It does not establish that Volante’s largest clients have adopted USDC, and it does not show AI autonomously choosing stablecoins over conventional rails.
The next meaningful evidence would be a bank moving these workflows from evaluation into production.
Until then, Circle and Volante have moved USDC into a strategically important position without pretending the transition is already complete.
USDC is no longer being presented only as something banks can connect to. It is being positioned as a rail that the software running bank payments could eventually choose between.
Alexander Zdravkov is a crypto journalist and market analyst specializing in digital assets, blockchain technology, and the rapidly evolving cryptocurrency market. He entered the industry more than four years ago, drawn to the speed of innovation in crypto and the potential of blockchain-based financial systems to reshape traditional markets. His work focuses on understanding the forces behind crypto market movements, from Bitcoin and altcoin cycles to institutional adoption, regulation, exchange-traded products, stablecoins, DeFi, and emerging blockchain ecosystems. Rather than simply following price action, Alexander looks at liquidity, investor positioning, market structure, and macroeconomic conditions to identify developing trends and explain what they could mean for digital assets. With a degree in International Relations, he brings a broader perspective to cryptocurrency coverage by connecting developments in the sector with monetary policy, geopolitics, regulation, and global capital flows. This allows him to examine crypto not as an isolated market, but as an increasingly interconnected part of the global financial system. Over the course of more than five years in financial journalism, Alexander has written over 5,000 articles covering cryptocurrencies, blockchain, traditional markets, and the global economy. His reporting spans Bitcoin, Ethereum and altcoins, DeFi protocols, institutional crypto adoption, regulation, market infrastructure, security incidents, and major developments shaping the wider digital asset industry. His approach is centered on giving readers context behind the numbers and headlines, explaining not only what is happening in crypto markets, but why it matters and what could come next.
Coinbase získala od CFTC schválení pro Coinbase Clearing LLC jako clearinghouse s kolaterálem v USDC. Firma jej označuje za první clearinghouse nativní pro USDC.
Coinbase has received CFTC approval to register Coinbase Clearing LLC as a Derivatives Clearing Organization, completing the company’s end-to-end regulated derivatives platform. The infrastructure now spans Coinbase Financial Markets, a Futures Commission Merchant, Coinbase Derivatives, a Designated Contract Market, and Coinbase Clearing, which the company describes as the first USDC-native clearinghouse.
The clearinghouse is designed to use USDC as collateral and provide settlement around the clock. Coinbase said having its own clearing operation will allow it to directly create and settle fully collateralized contracts, potentially enabling faster product development and more efficient operations.
The company will still rely on existing partners for certain offerings, including margined derivatives and its upcoming single-stock perpetuals. Coinbase said the regulatory approval will support its efforts to expand regulated products and develop financial infrastructure for the onchain economy.
Disclosure: This article was edited by John Chen. For more information on how we create and review content, see our Editorial Policy.
Monero vydalo novou beta verzi stressnetu před dalším testováním připravovaných soukromých upgradů. Třetí verze pro FCMP++ a CARROT má být spuštěna 5. října.
Privacy-focused cryptocurrency Monero has released a new version of its beta stressnet software as the network prepares for another major round of testing of its upcoming privacy upgrades.
The Monero team announced the release on Monday, urging community members to continue participating in the stressnet and report any problems they encounter.
“A new version of the beta stressnet software has been released!” the project said.
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“We implore the Monero community to continue to participate in testing and to report issues in order to ensure a smooth transition!”
The release comes ahead of the third version of Monero’s beta stressnet for Full-Chain Membership Proofs, better known as FCMP++, and CARROT, which is scheduled to go live on Oct. 5.
Major privacy upgradeFCMP++ represents one of the most substantial changes to Monero’s transaction privacy architecture.
Under Monero’s existing system, transactions use a relatively limited set of decoy outputs to obscure which output is actually being spent.
FCMP++ substantially expands this approach. Instead of proving that the real output belongs to a small ring, the system allows an input to prove that it spends one eligible output from the entire set of eligible outputs on the blockchain without identifying which one it is.
This effectively gives transactions a much broader anonymity set while still allowing the network to detect double spending.
The Monero team previously explained that Full-Chain Membership Proofs are designed to prove that an output being spent belongs to the blockchain-wide set of eligible outputs, eliminating privacy weaknesses associated with selecting smaller decoy sets.
FCMP++ is also expected to enable additional functionality, including safer transaction chaining and optional outgoing view keys.
Uniswap za posledních 30 dní přilákal příliv tokenizovaných akciových aktiv ve výši 82,8 milionu USD a drží 73 % všech těchto aktiv na Robinhood Chain. Zhruba polovina likvidity sektoru tak připadá právě na Uniswap.
Uniswap pulled in $82.8 million in tokenized stock deposits over the past 30 days, cementing itself as the go-to venue for anyone who wants to trade Apple and Tesla shares without ever touching a brokerage account. The protocol now holds 73% of all stock token deposits on Robinhood Chain, a Layer 2 network purpose-built for tokenized real-world assets.
The broader tokenized stock DeFi market has reached roughly $192.6 million in total value locked. That means Uniswap alone accounts for nearly half of the entire sector’s liquidity.
Where the deposits landed Uniswap’s V4 deployment absorbed the bulk of the inflows, pulling in $54.7 million. Its older V3 version captured another $28.1 million. As of early September, V4 led all protocols with $59.1 million in TVL for tokenized stocks, outpacing Kamino Lend on Solana at $41.7 million and Uniswap V3 at $20.9 million.
V4 introduced “hooks,” programmable plugins that let developers customize how liquidity pools behave. For tokenized securities, that means pools can enforce KYC requirements, restrict access to verified wallets, or adjust fee structures, all without abandoning the permissionless architecture that made DeFi attractive in the first place.
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Robinhood Chain itself launched on July 1, 2026, as an Ethereum-compatible Layer 2 dedicated to tokenized real-world assets.
Trading volumes tell the bigger story Cumulative trading volume for Robinhood’s stock tokens has surpassed $3 billion. Over just the recent 30-day window, decentralized exchange volume for tokenized stocks approached $20.9 billion, with Uniswap responsible for roughly 60% of that activity.
The stock tokens themselves come from multiple issuers. Robinhood issues its own tokens on its dedicated chain, while other providers like xStocks (backed by Backed), Ondo, and AnchoredFi offer tokenized equity exposure across multiple blockchains including Solana.
The regulatory tailwind The SEC announced an Innovation Exemption for tokenized securities venues around September 18, 2026, providing a clearer legal framework for platforms like Uniswap to host regulated assets.
Uniswap had already laid the groundwork months earlier. In June 2026, the protocol integrated tokenized securities, including derivatives linked to companies like Apple and Tesla, into its APIs and front-end applications.
What comes next for tokenized equities on DeFi Uniswap’s V4 hooks and permissioned pools are specifically designed to unlock downstream use cases. A tokenized Tesla share sitting in a Uniswap pool can potentially be borrowed against in lending markets, used as margin collateral, or bundled into structured products, all on-chain.
Kamino Lend’s $41.7 million in tokenized stock TVL on Solana shows that the competition isn’t standing still. Solana’s lower transaction costs and faster finality make it an attractive alternative for high-frequency tokenized stock trading.
Tokenized stocks are only as good as the issuer backing them. If a token issuer faces insolvency or regulatory action, holders could find themselves with a digital receipt for shares that no longer exist in any custodial account.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Avalanche přilákal za 7 dní tokenizované akciové přílivy za 131,2 mil. USD a předstihl všechny ostatní sledované blockchainy. Za měsíc do 25. září přidal k tržní hodnotě tokenizovaných akcií 252,1 mil. USD.
Avalanche attracted $131.2 million in tokenized stock inflows over a seven-day period, outpacing the combined total of every other blockchain tracked in the category.
The weekly figure is part of a broader surge. Over the month ending September 25, 2026, Avalanche added $252.1 million to its tokenized equity market capitalization, according to data from Token Terminal reported by CryptoNomist. That’s more than double the next closest competitor, BNB Chain, which gained $122.2 million over the same stretch. X Layer came in at $110.6 million, and the newer Robinhood Chain managed $107.3 million.
How Avalanche became the tokenized stock chain The most notable catalyst came in June 2026 when Dinari deployed over 350 tokenized US stocks, ETFs, and REITs directly onto Avalanche’s C-Chain. The offering included pre-IPO shares from SpaceX. Dinari initially waived trading fees to drive adoption.
Around the same time, Japan’s Progmat migrated roughly $2 billion worth of tokenized securities to a dedicated Avalanche Layer 1. BlackRock’s BUIDL initiative, the asset management giant’s tokenized money market fund, has also contributed meaningful inflows to Avalanche’s RWA ecosystem.
The cumulative result: Avalanche’s total value locked in tokenized real-world assets reached between $1.6 billion and $2 billion by late 2026. The network now hosts approximately 1.7 million tokenized stock holders, the highest count among tracked blockchains.
A $3 billion market takes shape Tokenized equities as an asset class have crossed the $3 billion market cap threshold. Avalanche commands roughly 7.5% of that total.
Avalanche’s February 2026 net capital inflows of $135 million had already hinted at the momentum building beneath the surface. The September data confirms that the trend isn’t slowing.
The 1.7 million tokenized stock holders on Avalanche represent a user base that interacts with the network regularly, pays gas fees in AVAX, and generates consistent transaction volume. Every tokenized stock trade, every settlement, every smart contract interaction on Avalanche’s C-Chain requires AVAX for gas.
Avalanche’s early partnerships with regulated entities like Dinari and Progmat position the network on a compliance-first approach. For now, in the specific arena of tokenized equities, Avalanche is the chain to beat, and the $131.2 million weekly inflow figure reflects that standing.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Goldman Sachs prostřednictvím Lynq nabízí svůj zhruba 100miliardový Treasury fond FTIXX na Avalanche, aniž by ho tokenizoval. Nabídka je zatím jen pro způsobilé americké klienty.
Goldman Sachs is plugging its roughly $100 billion FTIXX Treasury fund into the crypto world, but not in the way you might expect. Instead of tokenizing the fund (the approach favored by rivals like BlackRock and Franklin Templeton), Goldman is distributing it through Lynq, a real-time settlement network built on a private, permissioned Avalanche Layer 1 blockchain.
How the plumbing works Lynq isn’t turning Goldman’s Treasury fund into a token. FTIXX remains a conventional money-market product, subject to the same regulatory framework it always has been. What Lynq provides is a new distribution rail, one that lets crypto-native trading firms access the fund through blockchain-based settlement rather than legacy financial pipes.
Transactions on the platform are processed through tZERO Securities, an SEC-registered broker-dealer. Clients need to pass eligibility checks and maintain a relationship with tZERO to gain access. For now, the offering is limited to eligible US clients.
Lynq’s growing client roster Lynq has already onboarded more than 30 institutional clients. The roster reads like a who’s who of crypto market infrastructure: B2C2, Wintermute, Galaxy, FalconX, Crypto.com, and Fireblocks are all on the platform.
Collectively, these firms hold more than $89 million in assets on Lynq. The Goldman fund is actually the first external product available on Lynq, which previously offered only a single investment product.
For trading firms, the value proposition is straightforward. Cash sitting idle between trades earns nothing. Parking it in a Treasury fund through Lynq lets that cash generate yield in near-real-time, without requiring firms to wire money out to a traditional brokerage account, wait for settlement, and wire it back when they need liquidity again.
The broader race for institutional yield rails BlackRock’s BUIDL fund, which tokenizes Treasury exposure on Ethereum, has become one of the most visible examples of traditional finance embracing blockchain infrastructure. Franklin Templeton has pursued a similar path with its own on-chain money-market fund.
What separates Goldman’s approach is its deliberate avoidance of tokenization. By keeping FTIXX in its existing legal and regulatory structure, Goldman sidesteps a host of questions about token classification, custody standards for digital assets, and cross-jurisdictional regulatory treatment. The trade-off is that FTIXX shares can’t move freely across DeFi protocols or serve as collateral in the way that tokenized fund shares theoretically can.
Lynq was established through a collaborative effort among Arca Labs, Tassat Group, and tZERO, officially launched in July 2025 following an 18-month development phase. Lynq migrated in April 2026 to a permissioned Layer 1 infrastructure on Avalanche for better control over validators, configuration, privacy, and performance.
Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.
PAID za posledních 24 hodin klesl o 47 % na tržní kapitalizaci 13,6 milionu USD po pozastavení plateb X Money. Projekt zároveň spustil claim portal pro nové distribuce poplatků.
According to GMGN data, Solana-based PAID has plummeted nearly 50% (down 47%) over the past 24 hours. Its current market capitalization stands at $13.6 million, with a 24-hour trading volume of $21.8 million. Paid suspended X Money payments yesterday, and announced today that its dedicated claim portal is now live. Eligible users can receive new fee distributions, with related assets issued in the quote asset corresponding to the fees—most commonly SOL. Additional claiming methods will be rolled out later, including via direct messages or tagging the official account in posts. X Money payments remain suspended for now, with no resumption timeline provided; users’ historical balances will be retained separately, and the team is developing an independent claiming solution for these funds, while aiming to restore X Money payments in the future. BlockBeats reminds users that the relevant token is highly volatile, so caution is required for investments.
NEAR Intents uvedl, že zastavil přes 50 milionů USD v pokusech o převody spojených s hackem Bitget. SHIELD zároveň zmrazil 503 000 USD a asi 166 000 USD podezřelých prostředků prošlo dál.
NEAR Intents said it blocked more than $50 million in attempted transfers linked to the Bitget hack.
Attackers stole $387.5 million from Bitget on Thursday. A significant portion of these funds moved across chains to Ethereum, according to Alex Shevchenko, general manager of NEAR Intents, a protocol that lets users swap crypto assets across blockchains.
Shevchenko said its SHIELD system detected and blocked more than $50 million in attempted transfers, which subsequently went to other providers. It managed to freeze $503,000 in funds during execution, while around $166,000 in suspected stolen funds passed through.
The post came as THORChain faced calls to block addresses linked to the attack, underscoring a tension that permissionless crypto protocols face — offering open access while seeking to curb illicit activity.
Shevchenko argued that permissionless systems do not necessarily have to be neutral. “The people who build these systems make choices about what those protocols enable. Refusing to help launder stolen assets is one of ours,” Shevchenko said.
“Property rights are fundamental to functioning markets. A financial system where stealing an asset gives you an unrestricted right to monetize it isn’t a freer system. It is simply a system that protects the thief. Such systems cannot become the economic backbone of the future,” he added.
NEAR Intents said it will forego the 5% bounty offered by Bitget for freezing attacker funds and an additional 5% for their recovery, allowing more funds to be returned to Bitget. Shevchenko said the frozen funds would be returned through an appropriate legal process.
The move comes after Circle and Tether blacklisted a wallet linked to the Bitget exploiter on Friday, freezing $318,013 of USDt (USDT) and USDC (USDC), according to onchain data.
Source: Bitget CEO Gracy Chen on Friday also called on THORChain, a decentralized protocol for swapping assets between blockchains, to refuse services to addresses linked to the attack.
THORChain, however, said it doesn’t censor by design, and that while it has halted the network in the past, this is an emergency security mechanism that affects the protocol broadly and “is not a selective freeze of specific funds or an individual swap.”
Shevchenko said NEAR Intents would actively fight the laundering of hacked funds.
“Crypto cannot simultaneously demand recognition of digital property rights and build infrastructure optimized for monetizing stolen property,” he said.
Magazine: Asia dominates Crypto Adoption Index, Bitget’s $352M hack: Asia Express
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