Chainlink is seeing renewed momentum in its price following the announcement of a strategic partnership with Bottomline, a prominent financial technology provider serving over 600 banks worldwide. The collaboration is designed to facilitate cross-chain and cross-border payments, potentially unlocking wider institutional adoption for Chainlink’s LINK token.
Strategic Partnership Expands Chainlink’s Institutional ReachChainlink is now trading at $11.68, reflecting a 5.05% increase over the past 24 hours. This jump in value coincided with the reveal of the partnership, which aims to connect existing payment infrastructures with both public and private blockchain networks.
Bottomline plays a significant role in the global financial system and processes more than $16 trillion in annual payments. By integrating Chainlink’s interoperability solutions, Bottomline will enable its bank clients to access on-chain payment options while continuing to rely on legacy messaging standards such as ISO 20022.
Chainlink confirmed that its Cross-Chain Interoperability Protocol (CCIP) and Runtime Environment (CRE) will serve as the core components coordinating these advanced payment workflows. Over 600 financial institutions could benefit from this integration, extending blockchain capabilities to well-established banking clients.
Mini dictionary: Bottomline, a leading financial technology firm, provides payment processing and cash management services to banks and corporations and is recognized as a top-three provider of Swift payment solutions.
Banking clients will continue leveraging the ISO 20022 standard while gaining access to blockchain-powered payments, combining legacy and emerging technologies in an effort to streamline and future-proof institutional transactions.
Technical Indicators Signal Bullish StructureTrading data shows Chainlink’s price currently stands above major technical averages, including the 20-day, 50-day, 100-day, and 200-day exponential moving averages (EMAs). As of the latest daily close, LINK is trading at $11.68, with the 20-day EMA at $10.878, the 50-day EMA at $9.876, the 100-day EMA at $9.375, and the 200-day EMA at $9.814.
IndicatorLevel ($)LINK price11.6820-day EMA10.87850-day EMA9.876100-day EMA9.375200-day EMA9.814LINK faces short-term resistance near $12, a level that recently saw some selling pressure. Moving above this threshold could further reinforce an upward trajectory, while a dip below the 20-day EMA might weaken the current bullish sentiment.
Open Interest and Trading Volume TrendsIn August, Chainlink’s open interest surged above $700 million before returning to about $600 million in early September, according to CoinGlass data. The recent decline in open interest, while prices remain above $11, suggests leveraged positions have been scaled back, potentially highlighting a rally driven by more organic spot demand rather than derivatives speculation.
Chainlink described its partnership with Bottomline as a way to enable “cross-chain, cross-border payments” for over 600 banking customers, further advancing institutional blockchain integration.
Trading volume also spiked above $1 billion during Chainlink’s August rally, but has since receded, indicating that another increase in trading activity may be needed for further upside.
Key Levels and Market OutlookFor traders, the $12 level remains the principal short-term target on the upside, while $10.878 serves as immediate dynamic support. Developments in Bottomline’s adoption of Chainlink, along with broader institutional integration, may provide important catalysts in the days ahead.
Despite the positive indicators, cryptocurrency markets continue to experience high volatility. Traders are advised to closely monitor price movements and market sentiment when evaluating further investment opportunities.
Chainlink Data Feeds went live on Tempo on Sept. 3, providing the payments-focused blockchain with onchain market data for stablecoin and financial applications.
Summary
Chainlink Data Feeds are now live on Tempo, supplying market prices directly to financial applications. Developers can use supported feeds for collateral valuation, exchange-rate comparisons, treasury controls and reconciliation workflows. Independent Chainlink node operators aggregate multiple data sources before publishing reports that contracts can verify. Tempo provides execution and settlement, while applications determine how incoming market information controls transactions automatically. LINK traded near $11.84, rising about 5.6%, without confirmed evidence connecting gains to integration news. The integration allows businesses, institutions and developers to access supported price feeds without building independent oracle infrastructure. Applications can use the data for collateral valuation, foreign exchange comparisons, treasury management and automated risk controls.
Chainlink Data Feeds support financial applications Blockchains cannot independently obtain market information from external exchanges and financial data providers. Oracle networks deliver that information to smart contracts, allowing applications to respond to price changes and other offchain events.
Chainlink Data Feeds are now live on Tempo.
Businesses and developers can use @chainlink’s industry-standard infrastructure to value collateral, compare FX rates, and automate risk controls while eliminating the need to build and maintain custom oracle infrastructure. pic.twitter.com/LVChhzeMC1
— Tempo (@tempo) September 3, 2026 Chainlink aggregates observations from multiple data providers. Independent node operators collect the information before publishing reports that smart contracts can verify on Tempo.
Tempo provides the execution and settlement layer, while developers decide how applications use the information. A lending application, for example, can reference a feed when calculating collateral values, borrowing limits and the health of open positions.
Developers can review the available feeds and contract addresses through Chainlink’s documentation. The companies did not state how many applications currently use the feeds.
Tempo targets stablecoin payment infrastructure Tempo is a layer-1 blockchain designed for stablecoin payments and financial settlement. Stripe and crypto investment company Paradigm incubated the project before its mainnet launch in March 2026.
The network is intended to support uses such as business payments, payroll, remittances and machine-generated transactions. As previously reported, Tempo launched its mainnet and machine-payment protocol to process stablecoin transfers for businesses and artificial intelligence agents.
Market data expands the functions applications can build around those payments. A business could compare a foreign exchange quote with an external reference rate before approving a conversion. Treasury software could also rebalance positions when an asset moves outside a predefined range.
Tempo said applications could use stablecoin balances as collateral for working capital and other liquidity products. These remain potential applications rather than evidence that specific products have launched.
“Financial applications built around those payments need dependable market data to value collateral, compare exchange rates, and manage risk,” Tempo’s Eric Kang said.
Chainlink data can automate collateral controls The feeds can allow lending applications to monitor collateral without relying on a single exchange or data provider. Developers can program borrowing limits, liquidation thresholds and collateral top-up requirements around the incoming reference prices.
Tempo applications can also use the feeds to value different assets in one reporting currency. This could support accounting, position reconciliation and exposure monitoring across stablecoins or tokenized assets.
The integration follows Tempo’s expansion beyond basic payments. In May, the network integrated Morpho’s lending infrastructure, adding decentralized credit markets to the chain. The rollout brought fixed and variable lending tools to Tempo while preserving its payments-focused design.
Chainlink has also extended its data services across other tokenized markets. In August, it introduced price feeds for four Coinbase-issued tokenized U.S. stocks on Base, allowing supported applications to assess tokenized equities for lending and collateral.
Meanwhile, Chainlink Data Feeds provide reference prices rather than executing transactions themselves. Tempo applications remain responsible for selecting feeds, setting risk limits and determining how they respond when prices move. Developers must also account for update frequency, deviation thresholds and periods when market data becomes unavailable.
LINK rises as Chainlink integrations expand Chainlink traded near $11.84 when checked, up approximately 5.6% over the previous session. It reached an intraday high near $12 after trading as low as $11.13.
Chainlink (LINK) price chart, source: crypto.news No verified evidence directly connected the price increase to the Tempo announcement. LINK traded within a broader crypto market advance, making attribution to one integration unreliable.
Chainlink has secured several institutional and public-sector integrations in recent months. Wyoming recently adopted its Proof of Reserve system to publish near-real-time backing data for the state-issued FRNT stable token. The system adds onchain reserve verification to Wyoming’s daily attestations.
The next measure of the Tempo integration will be developer adoption. Tempo has not announced a deadline for additional feeds or named applications preparing to launch with the data. Supported contracts are already available for developers to integrate.
Bottomline has partnered with Chainlink to connect a payments network processing more than $16 trillion annually with public and private blockchains, giving over 600 bank customers a route to cross-chain and cross-border settlement while retaining ISO 20022 messaging.
Summary
Bottomline has partnered with Chainlink to connect its $16 trillion annual payments network with public and private blockchains. More than 600 bank customers will be able to access onchain payment rails while continuing to use familiar ISO 20022 messaging. Chainlink CCIP will handle cross chain interoperability, while CRE will coordinate payment workflows between existing banking systems and blockchain networks. The partnership provides the technical connection for blockchain settlement, but neither company has disclosed how many Bottomline banks will initially use the service. According to Chainlink, Bottomline will use its interoperability and orchestration infrastructure to connect existing payment systems with blockchain networks, allowing participating financial institutions to access onchain payment rails through a single network-agnostic connection.
NEW: Top-three Swift service provider, Bottomline, has entered a strategic partnership with Chainlink to unlock cross-chain, cross-border payments for its 600+ bank customers.
Bottomline moves more than $16 trillion in payments annually across its platforms.
Through the… pic.twitter.com/jnpgCdoSCs
— Chainlink (@chainlink) September 3, 2026 Bottomline ranks among the top three Swift service providers and handles more than $16 trillion in payments each year across its platforms. The company serves over 600 banks, 1,200 financial institutions and 10,000 businesses globally, giving the integration access to an established network already processing large volumes of institutional payments.
Banks using the service would not need to replace their existing messaging systems to access blockchain settlement. Payment instructions can continue to use ISO 20022, the standard used by financial institutions to structure and exchange transaction information, while Chainlink connects the instruction with the required blockchain infrastructure.
Chainlink will connect Bottomline payments across blockchains Chainlink’s Cross-Chain Interoperability Protocol, or CCIP, will handle communication and transfers of tokenized value across supported blockchain networks.
Its Chainlink Runtime Environment, known as CRE, will coordinate payment workflows from one end of a transaction to the other. The infrastructure can manage routing and operational steps as payment instructions move between existing financial systems and blockchain networks.
Using both components gives Bottomline customers access to multiple public and private chains through one connection instead of requiring separate infrastructure for each blockchain.
The setup means a participating bank could send an instruction through the same ISO 20022 messaging process it already uses. Chainlink infrastructure would then handle the blockchain components needed to execute the transaction across the selected networks.
Chainlink has spent the past several years developing CCIP as an interoperability layer for applications that need to transfer data or assets across separate blockchains. In July, Aave made CCIP its default cross-chain infrastructure for deposits, withdrawals, GHO transfers, Stable Vaults and governance operations.
BitGo followed in August by selecting CCIP as the exclusive cross-chain provider for its Wrapped Bitcoin ecosystem, which had roughly $7.3 billion in value at the time. BitGo retained control over WBTC contracts, transfer limits and cross-chain settings under the arrangement.
Bottomline banks can keep using ISO 20022 The Bottomline partnership is structured around maintaining the systems that banks already use instead of requiring financial institutions to move payment operations directly onto a particular blockchain.
For its more than 600 banking customers, Bottomline can keep the existing messaging layer in place while Chainlink operates between traditional payment infrastructure and the blockchain used for settlement.
Cross-border payments remain one of the areas targeted by the integration. Such transactions can move through several intermediary banks before reaching the recipient, adding settlement time and transaction costs at different stages of the payment process.
The supplied partnership material said cross-border transactions can still take days to settle and fees can consume 5% or more of a transfer’s value. Chainlink and Bottomline are providing an alternative settlement route in which tokenized value can move between blockchain networks while banks retain their existing operational processes.
Access to the infrastructure does not mean Bottomline’s more than $16 trillion in annual payment volume will move onchain. The partnership creates the technical connection for participating banks, while individual institutions will determine whether they use blockchain settlement and how much transaction activity they route through it.
No transaction volume, implementation schedule or list of Bottomline banking customers using the blockchain connection was disclosed in the announcement.
Chainlink has been building links with major financial institutions The agreement follows a series of Chainlink projects involving banks, asset managers and established financial market infrastructure.
In June, crypto.news previously reported that Swift, JPMorgan and UBS were among the financial institutions working with Chainlink infrastructure as companies tested tokenized assets, cross-chain settlement and connections between existing financial systems and blockchains.
Swift has previously tested Chainlink infrastructure for transferring tokenized value while allowing financial institutions to continue working with existing Swift systems. The model resembles the Bottomline integration by keeping familiar financial messaging infrastructure in place while blockchain technology operates underneath the transaction workflow.
Chainlink has pursued another institutional initiative through Project Pangea, which involves more than 50 financial institutions across Europe and South Korea. Participants collectively manage more than $10 trillion in assets, with the project focused on foreign exchange transactions and T+0 settlement, where trades can settle on the same day they are executed.
JPMorgan has used Chainlink in public blockchain settlement as well. In May 2025, the bank completed a transaction involving tokenized U.S. Treasuries through Ondo Finance and Chainlink, representing JPMorgan’s first settlement of a transaction on a public blockchain.
UBS has worked with Chainlink on tokenized fund infrastructure, including an onchain subscription and redemption workflow for a tokenized money market fund. Previous projects involving Swift, UBS and Chainlink have tested how tokenized funds could interact with existing fiat payment systems used by financial institutions.
Institutional use of the network has continued expanding into 2026. Standard Chartered identified Swift, DTCC, Euroclear, JPMorgan, Mastercard, UBS, Fidelity and S&P Global among institutions using Chainlink services in an August report.
The bank’s digital asset research team said customers outside crypto-native markets were expected to account for an increasing portion of Chainlink fees as tokenization projects moved from testing into production.
Bottomline partnership adds another route for tokenized payments Financial institutions have been testing several models for moving regulated money and assets onto blockchain infrastructure, ranging from stablecoins and tokenized deposits to tokenized securities and cross-chain settlement systems.
In July, JPMorgan Chase, Bank of America, Citigroup and Wells Fargo were reported to be developing a shared tokenized deposit network designed to support round-the-clock blockchain payments between regulated U.S. banks. The project, being developed with The Clearing House, has targeted the first half of 2027 for launch.
Chainlink’s role focuses on connecting otherwise separate blockchain networks and coordinating transactions between onchain systems and existing financial infrastructure.
CCIP has been live since July 2023 and has expanded across dozens of blockchain networks. Chainlink said its interoperability technology allows financial institutions to connect with multiple networks without building a different integration for every chain.
The Bottomline arrangement applies that infrastructure to a payment provider operating at a considerably larger scale than a single blockchain application. Bottomline processes more than $16 trillion annually, while its services reach hundreds of banks that already use established financial messaging standards.
Tokenization has meanwhile become a larger focus for banks and asset managers as more financial products are issued or represented on blockchains. Estimates cited in the supplied material put the potential tokenized asset market at $16 trillion by 2030.
Chainlink has been positioning CCIP and CRE as infrastructure for that activity, with CCIP handling communication and token transfers between networks while CRE coordinates the transaction workflow surrounding those transfers.
Bottomline customers will retain control over whether they use the blockchain connection. The partnership provides the infrastructure required to access public and private networks through existing payment systems, but neither company has disclosed how many banks have committed to using the service or when the first transactions will be settled through the new connection.
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A trader spent $2,972 to buy MEME, reaping a 713x return.
According to Lookonchain monitoring, a trader created address 0xc740 21 days ago and has only traded 8 tokens since. The address purchased a MEME token earlier today, booking over $2.1 million in profit in under 12 hours, a 713x return. The address spent $2,972 to acquire 16.11 million MEME tokens, then sold 750,000 tokens for $85,300, and currently holds 15.36 million MEME tokens worth roughly $2.03 million.
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Notional Finance may have suffered a $1.7 million exploit involving an escrow contract, blockchain investigators reported on Sept. 4. The reported losses include approximately $69,242 in DAI and $1.66 million in USDC.
Summary
Researchers reported $1.7 million in DAI and USDC leaving an escrow contract linked to Notional. The reported losses comprise $69,242 in DAI and $1,658,423 in USDC, according to Specter researchers. The suspected attacker exchanged the stablecoins for 689.2 ETH before depositing funds into Tornado Cash. PeckShield cited Specter’s findings, while Notional had not publicly confirmed the incident when last checked. The exploit’s technical cause, affected users and prospects for recovering assets remain publicly unconfirmed. Security firm PeckShield cited findings published by blockchain investigation group Specter. Neither report provided a complete technical explanation of how the assets left the contract.
“The Notional Finance escrow contract may have been exploited,” PeckShield said, preserving uncertainty about the incident’s status.
#PeckShieldAlert Specter has reported that the Notional Finance escrow contract may have been exploited, resulting in $1.7M in ethereum:0x6b175474e89094c44da98b954eedeac495271d0f and $USDC lost.
The exploiter has swapped the stolen funds into 689.2 $ETH and deposited them into… pic.twitter.com/Wd5Dc3MWtL
— PeckShieldAlert (@PeckShieldAlert) September 4, 2026 Notional Finance exploit report identifies two addresses Researchers identified two Ethereum addresses allegedly connected to the movement of the assets. The first address is 0xC954…De69, while the second is 0xDaCC…Ce38.
The addresses were labelled as theft addresses by Specter. That description remains an investigator attribution rather than a finding confirmed by Notional Finance, law enforcement or a court.
The available reports do not identify the precise escrow function involved. They also do not establish whether the event resulted from a smart-contract vulnerability, compromised credentials, faulty permissions or another cause.
Stablecoins were reportedly converted into 689.2 ETH The suspected attacker reportedly exchanged the DAI and USDC for approximately 689.2 ETH. The Ether was then deposited into Tornado Cash, according to Specter and PeckShield.
Tornado Cash is a set of Ethereum smart contracts designed to reduce the visible connection between deposits and later withdrawals. Its use can complicate blockchain tracing, although depositing assets into the protocol does not independently prove criminal ownership or intent.
The rapid conversion of stablecoins may also reduce opportunities for issuers or centralized platforms to restrict the assets. Both DAI and USDC can be followed publicly before conversion, while subsequent withdrawals from a mixer become harder to associate with the original address.
In related coverage, crypto.news reported that an address tied to the Drift Protocol exploiter moved $44 million through Tornado Cash after remaining inactive for several months.
No technical cause or official response is available Notional Finance had not published a public incident report or confirmation through its official account when checked. The project had also not disclosed whether contracts were paused, whether remaining assets were secured or whether users needed to take protective action.
The lack of confirmation means the reported $1.7 million loss should remain described as preliminary. It is also unclear whether the affected assets belonged directly to users, the protocol treasury or another party using the escrow contract.
No verified market reaction can be attributed to the report. Without an official assessment, linking token-price movements or changes in deposited value directly to the suspected exploit would be premature.
Previous recoveries depended on rapid containment DeFi projects commonly respond to suspected exploits by pausing vulnerable contracts, contacting stablecoin issuers and exchanges, tracing connected wallets and offering return agreements. Those options can become more limited after assets enter privacy protocols.
Some projects have still recovered positions or protected unaffected products after an attack. As crypto.news reported, Term Labs recovered its affected fixed-rate positions following an $8.5 million governance exploit, although several products remained closed.
Stake DAO also secured its Ethereum backing and closed a bridge after an unauthorized minting incident, according to related coverage. Those cases involved direct project responses that are not yet available for Notional Finance.
Meanwhile, Notional Finance operates as an Ethereum-based lending protocol focused on fixed-rate, fixed-term borrowing. Its documentation explains that deposited currencies can support borrowing obligations denominated in other currencies.
This makes contract-level accounting and collateral controls central to maintaining solvent user positions. However, researchers have not established whether the reported escrow incident affected Notional’s primary lending system, a separate integration or an older contract.
DAI and USDC have long formed part of Notional’s supported lending markets. The protocol’s technical materials describe currency pairs connecting those stablecoins with their interest-bearing equivalents.
The reported loss therefore involves assets used within Notional’s broader lending architecture, but the available evidence does not show that open loans, collateral balances or fixed-term positions were affected. An official contract identification is needed before the exposure can be measured accurately.
What happens next for Notional Finance The next confirmed update would likely need to establish which contract was involved, how the transactions were authorized and whether other funds remain exposed. A post-mortem could also clarify the ownership of the lost assets.
Investigators may continue tracking any Ether withdrawn from Tornado Cash. Exchanges and blockchain analytics companies could monitor later transactions, but the reported mixer deposits make attribution and recovery more difficult. Until Notional publishes an assessment, the scale, cause and effect on users remain unresolved.
$ZEC Posts Sharp Single-Session GainZcash ($ZEC) traded as high as $976.91 on Thursday, a gain of more than 18% over 24 hours, pushing the privacy-focused cryptocurrency to tenth place by global market capitalisation at $16.17 billion. Trading volume climbed 66% to $1.07 billion, reflecting a broad surge in market interest that was concentrated almost entirely within one session.
The move extends a strong run for $ZEC. , a narrative that appears to be gaining traction with investors seeking credible hard-money and privacy alternatives.
Grayscale ETF Opens Up Institutional AccessA key catalyst behind the renewed interest is the arrival of a regulated investment vehicle.
Grayscale has leaned into that positioning,
Sources:
GlobeNewswire: The Zcash ETF (Ticker: ZCSH), Built By Grayscale, Begins Trading on NYSE Arca
Yahoo Finance: Grayscale Launches First Zcash Exchange-Traded Fund
CoinMarketCap: Latest Zcash News and Market Insights
Bitcoin (BTC) is trading above $80,000 on Friday, sustaining the broader cryptocurrency market's risk-on sentiment. Federal Reserve (Fed) Governor Christopher Waller signaled support for a potential pause in interest rates on Thursday, lowering the odds of a September rate hike to 50%. Zcash (ZEC) and Ethena (ENA) emerge as top performers over the last 24 hours.
Dovish Fed fuels Bitcoin’s recoveryUS Fed Governor Christopher Waller could support a pause in rate hikes to keep the policy rate steady at the September policy meeting if the August inflation data suggest easing pressures, as previously reported by FXStreet. The dovish comments lowered the odds of a rate hike to 50%, from nearly 70% earlier this week.
FedWatch tool. Source: CME GroupBitcoin trades above $80,762 at press time on Thursday, maintaining a bullish near-term bias after a 5% rise the previous day. The King Crypto holds well above the 50-, 100-, and 200-day Exponential Moving Averages (EMAs), which cluster between roughly $69,700 and $72,500.
The pair is advancing toward the 78.6% Fibonacci retracement of the latest downswing from $97,924 to $57,800 at $87,476. A confirmed breakout above this zone could target the previous swing high at $97,924.
The Relative Strength Index (RSI) hovers near 71 in overbought territory, and the Moving Average Convergence Divergence (MACD) remains positive with a mildly expanding histogram, suggesting strong but potentially stretched upside momentum.
BTC/USDT daily price chart.On the downside, initial support is seen at the 50% retracement at $75,233, ahead of a broader demand band defined by the 200-day EMA at $72,493, with the 50- and 100-day EMAs at $71,122 and $69,695 reinforcing the underlying bullish structure.
Zcash and Ethena sustain bullish momentumZcash holds steady on Thursday following a 16% surge the previous day to a record high of $979. The privacy coin extends a strong bullish phase as price approaches the $1,000 milestone.
ZEC trades well above the 50-day and 100-day EMAs at $651 and $569, respectively, as well as the longer-term 200-day EMA near $485. The rally has pushed decisively past the previous swing high at $888, targeting the 127.2% Fibonacci extension level at $1,058, measured from $465 to $888. A confirmed breakout above this level could target the 161.8% Fibonacci extension level at $1,322.
The RSI hovers in overbought territory around 74, and the MACD bounces off its signal line, extending its upward trend and suggesting robust but increasingly stretched upside momentum.
ZEC/USDT daily price chart.On the downside, initial support emerges at the prior Fibonacci anchor around $888, ahead of a dense cluster formed by the 78.6% retracement at $773 and the 50% retracement near $643, which aligns with the 50-day EMA at $651.
Ethena holds firm above $0.1600 at press time on Friday after a 12% rise the previous day. ENA firmly trades above the 50-, 100- and 200-day EMAs at $0.1185, $0.1090, and $0.1279, respectively, underpinning the broader bullish structure.
The 50% retracement level of the $0.2633 to $0.0699 range at $0.1356 has just been reclaimed as a nearby floor, while the 78.6% Fibonacci retracement level at $0.1982 serves as the overhead resistance. A confirmed breakout above $0.1982 could target the previous swing high near $0.2633.
The RSI around 66 and MACD line marginally holding above the signal line hint that upside momentum remains in play, albeit at a more measured pace after the recent surge.
ENA/USDT daily price chart.On the downside, initial support is seen at the 50% retracement near $0.1356, followed by the 200-day EMA at roughly $0.1279.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Bitcoin climbed to $81,818, up 5.9% over the past 24 hours, according to CoinGecko, while Ether rose 4.3% to $2,494.80. Behind the move is growing bets that the Federal Reserve will hold off on further tightening, a shift in sentiment that has pulled risk assets higher across the board this week.
The rally arrived after a choppier start to the week. Bitcoin and Ether had opened lower on Thursday as Brent crude pushed past $96 a barrel following U.S. airstrikes on Iranian targets, before recovering on hopes the strikes would prove short-lived. By Wednesday, the Fed-pause narrative had taken over as the dominant driver.
The move higher was amplified in the equity market. Strategy, which holds 846,000 bitcoin on its balance sheet, closed up 17.56% at $144.82, while Bitmine Immersion Technologies, which holds more than 5.9 million Ether worth roughly $15.6 billion, gained 12% to $25.84. Coinbase closed up 10.14% at $192.70 and Robinhood gained 16.57% to close at $124.72. The pattern is familiar: treasury and brokerage stocks tied to crypto tend to move at roughly twice the speed of the underlying assets, since each carries a layer of operating and balance-sheet leverage on top of the coins or trading volumes they are exposed to.
Zcash supplied the week's other notable move. The privacy coin traded at $942.50, up 14.5% over 24 hours and 16.7% over the past week, according to CoinGecko, putting it within striking distance of $1,000 for the first time in years. The rally follows the U.S. Securities and Exchange Commission's decision to close its investigation into the Zcash Foundation without pursuing enforcement action, removing a regulatory overhang that had weighed on the token. Traders have also pointed to a broader rotation into altcoins beyond memecoin and AI-linked tokens as Bitcoin consolidates at higher levels.
Whether the moves hold depends largely on the Fed. A pause in tightening would keep the current risk-on tone intact; any hawkish surprise at the next policy meeting could just as quickly reverse the leveraged gains in MSTR, COIN and HOOD that outpaced the underlying crypto rally this week.
4 September 2026 | 10:04 Key Takeaways ZEC jumped 16% on September 3. Futures activity dwarfs spot volume. Open interest reaches $2.15 billion. Grayscale renews focus on privacy. $1,000 is the key test. Zcash jumps 16% as ZEC nears $1,000 Zcash was among the strongest performers in the latest crypto rebound after ZEC jumped around 16% on September 3.
Zcash (ZEC/USDT) price chart showing a sharp rally and RSI indicator. The token climbed from the low-$800s toward $950, with the latest chart showing a recent peak at $952. That level is now the immediate resistance to watch, as a clean break and close above it would put the psychological $1,000 mark firmly in focus.
The rally also has two important levels beneath it. The first is $850, which could offer some near-term support if ZEC pulls back modestly. Below that sits $815, the more important structural base where the price previously consolidated before the latest advance.
The broader market has also turned higher, as noted in our analysis of the crypto rebound, which highlights several levels now shaping market sentiment.
For ZEC, however, the immediate focus is narrower: whether buyers can push through $952 and keep the rally intact without giving up the support levels that have formed underneath it.
The other standout feature is the size of the derivatives market behind the rally.
Derivatives are driving most of the activity Current market data shows that derivatives are playing a much larger role in the ZEC rally than spot trading. The difference is substantial, with futures turnover running more than 11 times above spot volume.
Spot volume
$570 million
Futures volume
$6.38 billion
Open interest
$2.15 billion
Open interest is the amount of futures exposure that remains open; it does not show whether traders are betting on higher or lower prices. Its size does, however, show that the rally is unfolding alongside significant derivatives positioning.
That makes spot demand important to watch from here. If buying in the underlying market picks up, the advance would have stronger confirmation. A sharp reversal could also force positions to be reduced, adding to price volatility.
Grayscale puts Zcash privacy back in focus On August 31, Grayscale published “Zcash and the Privacy Imperative,” arguing that technological advances are making financial privacy a more important issue.
The report points to artificial intelligence and increasingly sophisticated surveillance capabilities as developments that could make it easier to collect and analyze financial information.
There is no evidence that Grayscale’s report drove the September 3 rally, so it is better treated as context than as a direct catalyst.
Zcash supports both transparent and shielded transactions. Shielded transfers use zero-knowledge cryptography to conceal transaction details, giving the network a distinct position within the privacy-focused part of the crypto market.
$1,000 is now the market’s test ZEC is trading close enough to $1,000 for the next stage of the rally to depend on how the token handles that level.
A brief move above $1,000 would be less convincing than a breakout that holds after successful retes.
What matters around $1,000
Hold above
A sustained move above the level would make the breakout more credible.
Spot volume
Higher spot activity would show broader participation in the rally.
Open interest
A sharp rise could increase sensitivity to a reversal.
The spot-futures gap becomes especially important here. Futures turnover is already more than 11 times reported spot volume, while open interest remains near $2.15 billion.
A breakout backed by stronger spot trading would provide broader confirmation. A failure near $1,000, particularly with substantial positions still outstanding, could leave ZEC more exposed to sharp swings.
The article is provided for informational purposes only and does not constitute investment advice.
Author
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
The collapse of FTX, which vaporized $8 billion in customer funds and sent its founder to prison for 25 years, is getting the prestige TV treatment. Netflix’s The Altruists premieres November 19, 2026, an eight-episode limited series that traces the rise and implosion of the crypto exchange through the relationship between Sam Bankman-Fried and Caroline Ellison.
Julia Garner, best known for her Emmy-winning turn in Ozark, plays Ellison, the former co-CEO of Alameda Research. Anthony Boyle takes on the role of Bankman-Fried.
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What the series covers The show is created by Graham Moore, who won an Academy Award for writing The Imitation Game. He co-showruns alongside Jacqueline Hoyt, with James Ponsoldt directing the first episode. Barack and Michelle Obama’s Higher Ground Productions is executive producing alongside Vox Media Studios.
The narrative is built around the intertwined personal and professional lives of Bankman-Fried and Ellison, two figures whose romantic relationship became inseparable from their business empire. The show draws inspiration from reporting in New York Magazine. Production began in Vancouver in mid-2025 and wrapped in November of that year. The supporting cast portrays other key figures from the FTX and Alameda orbit, including Gary Wang and Nishad Singh, both of whom cooperated with prosecutors in the real-world case.
The real-world legal fallout FTX filed for bankruptcy in November 2022 after a liquidity crisis revealed the massive shortfall in customer funds. Bankman-Fried was convicted in November 2023 on multiple counts of fraud and conspiracy. A federal judge sentenced him to 25 years in prison and ordered him to forfeit $11 billion.
Ellison pleaded guilty and became the prosecution’s star witness, delivering testimony that proved devastating to Bankman-Fried’s defense. Her cooperation earned her a two-year prison sentence, a fraction of what her former partner received.
Wang and Singh also cooperated with authorities. The FTX bankruptcy estate, under the leadership of restructuring specialist John Ray III, has been working to recover and distribute funds to creditors.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
Curve DAO approved yRisk as its new risk-management provider for crvUSD and Llamalend on Sept. 2, assigning the mandate to two contributors who are also primary developers of Resupply.
Summary
Curve DAO approved yRisk to monitor crvUSD and Llamalend through a twelve-month risk management mandate. yRisk will receive 125,000 frxUSD and 568,181 CRV through two revocable one-year vesting streams separately. Its two contributors disclosed being primary Resupply developers, whose protocol suffered a 2025 donation attack. The proposal and Curve comparison did not mention Resupply’s approximately $9.6 million exploit explicitly anywhere. yRisk’s binding funding vote passed with 621.2 million veCRV supporting and virtually none opposing it. The binding onchain vote closed with approximately 621.2 million veCRV supporting the proposal and 5.33 veCRV opposing it. The proposal was executed about 87 minutes after voting ended.
yRisk will receive 125,000 frxUSD and 568,181 CRV through separate revocable vesting streams lasting one year. The package represents the team’s requested annual budget of approximately $250,000.
Curve DAO gives yRisk a twelve-month mandate yRisk will provide risk assessment and monitoring across crvUSD mint markets and Llamalend isolated lending markets. Its responsibilities include reviewing collateral, liquidity, oracle design, concentration and governance risks.
Curve DAO appoints two Resupply developers as risk provider despite prior $9.6M exploit
Curve DAO approved funding yRisk on September 2 to oversee risk management for crvUSD and Llamalend, replacing LlamaRisk, which ended its engagement early. yRisk will receive 125,000 frxUSD… pic.twitter.com/cA1hMxWFcH
— Wu Blockchain (@WuBlockchain) September 4, 2026 The team will also recommend debt ceilings, market parameters, PegKeeper limits and other risk controls. Curve governance and its emergency DAO retain authority over final decisions and execution.
According to its original proposal, yRisk plans to build public monitoring systems, dashboards, alerts and automated code-analysis tools. Work funded by the mandate will generally be released under an open-source license.
The team consists of contributors known as Wavey and Dudesahn. The proposal identifies both as core developers at Yearn and Resupply and describes them as Resupply’s primary developers.
Resupply exploit was absent from reviewed materials Resupply suffered a donation attack in June 2025 that caused approximately $9.6 million in losses. A QuillAudits analysis attributed the incident to exchange-rate manipulation affecting a lending market.
The attacker donated assets to a nearly empty vault, causing an exchange-rate calculation to round toward zero. That manipulation allowed the attacker to borrow against artificially inflated collateral.
yRisk’s Curve proposal disclosed its contributors’ Resupply roles but did not mention the exploit. Curve’s comparative assessment also discussed their Resupply experience without referring to the incident.
The omission does not establish that yRisk violated a disclosure requirement. Curve’s call for proposals requested relevant experience, methodology, capacity and pricing, but the published requirements did not expressly demand disclosure of every incident involving a contributor’s previous projects.
Curve reviewers identified a staffing concern Swiss Stake reviewed nine competing applications before Curve conducted its preference votes. Its assessment credited yRisk with practical knowledge of Curve, Llamalend, Yearn and Resupply.
The review also identified capacity as its main concern. It questioned whether two contributors with other responsibilities could monitor a growing number of markets and provide adequate incident coverage.
“It is not yet clear whether they can sustain that workload and provide sufficient incident coverage as the number of markets expands,” Swiss Stake said.
The statement described uncertainty rather than a finding that yRisk lacked the necessary resources. Swiss Stake recommended an initial limited mandate and a public review checkpoint for whichever provider Curve selected.
During a nonbinding preference vote, yRisk received approximately 536.97 million veCRV votes in favor and none against from 47 voters. That represented about 68.78% of the voting supply at the snapshot block.
yRisk replaces LlamaRisk across Curve markets Curve began seeking a replacement after LlamaRisk ended its engagement early. LlamaRisk had renewed its mandate in April 2026 with plans to continue through April 2027.
The provider announced its departure on May 29 and stopped active work on June 30. It returned approximately 270,247 crvUSD in unvested funding to Curve’s treasury.
LlamaRisk described the departure as a structural decision about how it allocated resources, rather than criticism of Curve. Curve opened its replacement process on July 7.
The new mandate arrives as Curve expands Llamalend. Crypto.news previously reported that Llamalend v2 introduced isolated lending markets on Optimism before a planned Ethereum deployment.
Risk management has remained a central concern for the ecosystem. In March, an improperly configured oracle enabled an attacker to extract approximately $240,000 from a Llamalend market, as crypto.news reported in its coverage of the sDOLA-crvUSD pool exploit.
Public reporting will test yRisk’s delivery yRisk must now review LlamaRisk’s existing reports, models, dashboards and repositories. The team will determine which resources should be retained, rebuilt or retired.
Its proposal commits to monthly progress reports, continuous monitoring and incident support. The revocable funding structure gives Curve DAO the ability to stop the remaining vesting streams before the twelve-month term ends.
A future public review would allow governance participants to assess whether yRisk has met its monitoring, reporting and response commitments. Curve has not announced a specific date for that checkpoint.
Pons said Uniswap Labs purchased its token "for long-term alignment" four weeks after Uniswap Labs put a rival launchpad on Robinhood Chain. Neither company disclosed the size of the purchase, the price paid, or the wallet holding it.
Uniswap Labs has bought PONS, the token of the memecoin launchpad that takes most of the launchpad fees paid on Robinhood Chain, the launchpad said on Thursday.
The purchase gives Uniswap Labs a stake in the application feeding the chain that now carries most of Uniswap V4's trading. Pons V2 routes tokens that graduate off its bonding curve into Uniswap V4 pools, and Robinhood Chain accounts for 56.3% of Uniswap V4 volume across all networks.
Pons announced the purchase at 5:24 p.m. ET, writing that Uniswap Labs "has purchased $PONS for long-term alignment" and calling it a deepening of its partnership with Uniswap. The post drew more than 200,000 views in under two hours. The Uniswap account quote-posted it with the emoji.
Acquisition Or AllocationNeither party disclosed how many tokens changed hands, what was paid, when the buying happened, or which address holds the position. Pons did not say whether Uniswap Labs bought on the open market or received an allocation, a distinction its followers raised repeatedly in the replies. Uniswap Labs has published no statement of its own.
Pons launched on July 13 and shipped its V2 contracts on Aug. 3. Its token trades on Robinhood Chain at contract 0x39dbed3a2bd333467115de45665cc57f813c4571, according to CoinGecko.
Rivals On The Same ChainUniswap Labs launched Pools.trade on Robinhood Chain on Aug. 5, charging 0.25% per trade and nothing to launch a token. It out-launched Pons on its first day. By Aug. 31, Pools.trade was collecting $38,553 a day in fees against $4.89 million for Pons V2.
Pons has since pulled ahead of every launchpad in crypto. It earned $5.95 million in fees over the past 24 hours, $28.83 million over seven days and $40.84 million over 30 days, DefiLlama data shows, keeping $1.11 million of the daily total as protocol revenue. It has out-earned Solana's pump.fun on daily fees every day since Aug. 29, after leading for six days in late July and then falling behind for a month.
Where Uniswap V4 TradesUniswap V4 handled $1.6 billion in volume over 24 hours across all chains. Robinhood Chain accounted for $901.5 million of that, against $465.5 million on Ethereum, $93.9 million on BNB Chain and $52.5 million on Base, according to DefiLlama. Uniswap's deployment on Robinhood Chain holds $207 million in total value locked and took $7.72 million in fees over the past day.
The chain itself settled $1.35 billion in DEX volume over 24 hours, with total value locked at $818.6 million, up 9.1% on the day, and stablecoins at $868.5 million. It earned $4.45 million in gas fees and $4.01 million in revenue, net of Ethereum settlement costs and the 10% share owed to Arbitrum.
PONS At A RecordPONS traded at $0.5013, up 17.5% over 24 hours, for a market capitalization of $357.1 million and a rank of 118, according to CoinGecko. The token set an all-time high of $0.5242 earlier Thursday, a day after Binance added it to Binance Alpha 1.0 alongside FLORK, and traded as low as $0.3476 in the same window. Turnover was $135.2 million.
UNI traded at $6.28, up 7.9% over 24 hours and 36.1% over seven days, for a market capitalization of $3.92 billion.
Burning Its Own SupplyPons directs about 80% of protocol fees toward buying PONS, according to the protocol and DefiLlama's accounting of its revenue. Pons said on Thursday that 29.34% of the total supply has been burned to date. Circulating supply stands at 712.1 million against a 1 billion maximum, CoinGecko data shows.
Stock Tokens And MemesRobinhood built the chain to trade tokenized equities and launched mainnet on July 1. Memecoin issuance arrived in week one, launch platforms began pairing memecoins with tokenized equities, and the network passed Ethereum on daily application revenue on Aug. 29. Pons listed a new set of stock-token pairs on Thursday, including UPS, SNAP, LULU, PFE and JNJ.
Onchain figures via DefiLlama and prices via CoinGecko as of 23:10 UTC on Sept. 3.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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Pons official announced in a statement that Uniswap Labs has acquired PONS tokens to align the long-term interests of both parties and deepen its collaboration with Uniswap. Fueled by this positive development, PONS rallied earlier this morning to a new all-time high of over $752 million, before pulling back to $686 million; the token’s 24-hour gain stands at 42.59%.
Uniswap (UNI) has purchased Pons (PONS) tokens in an undisclosed deal on Friday, citing long-term alignment with the memecoin launchpad token and its rival on the Robinhood chain. The nature of the deal, whether it's an acquisition or allocation, remains unknown, but Uniswap now holds a stake in Pons.
Pons has emerged as a leading memecoin launchpad on the Robinhood chain, routing tokens off its bonding curve to Uniswap V4 and rivaling Uniswap Labs’ pools.trade launchpad launched last month on the Robinhood chain.
PONS trades at its record high above $0.6800 at press time on Friday, advancing its price discovery mode. The price data shows parabolic growth in PONS, driven by its growing launchpad fees paid on Robinhood.
PONS market data. Source: CoinMarketCapUniswap rally gains tractionUniswap hovers around $6.30 at press time on Friday, extending a strong bullish phase. The pair has pushed well beyond the 50-, 100-, and 200-day Exponential Moving Averages (EMAs) near $4.2640, $3.9145, and $4.0034, respectively, suggesting a broadly supportive trend backdrop.
Momentum remains overheated on the daily chart, with the Relative Strength Index (RSI) hovering in overbought territory near 81, while the Moving Average Convergence Divergence (MACD) rises steadily above zero, hinting that upside pressure persists even as the risk of a corrective pause grows.
A confirmed breakout above the December 28 swing high at $6.5690 could mark a fresh annual high and potentially target the 127.2% Fibonacci extension level at $8.7227, measured from $6.5690 to $2.3160.
UNI/USDT daily price chart.On the downside, initial protection emerges around the 78.6% Fibonacci retracement at roughly $5.2554, ahead of the dynamic support reinforced by the 50-day EMA around $4.2640 and the 200-day EMA near $4.0034.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
Uniswap Labs has purchased PONS, the token of a Robinhood Chain launchpad generating $5.95 million in daily fees, as PONS climbed to a new all-time high above $0.52.
Summary
Uniswap Labs purchased PONS for what the launchpad called long term alignment, but neither party disclosed the size, price or structure of the transaction. Pons generated $5.95 million in fees over 24 hours and has earned more in daily fees than Solana based pump.fun every day since Aug. 29. Robinhood Chain accounted for $901.5 million, or 56.3%, of Uniswap V4’s $1.6 billion in trading volume across supported networks. PONS rose 17.5% to $0.5013 and reached an all time high of $0.5242, while its market capitalization climbed to $357.1 million. Pons said Thursday that Uniswap Labs had “purchased $PONS for long-term alignment,” describing the transaction as a deepening of the relationship between the two projects.
The parties did not disclose how many tokens changed hands, the amount Uniswap Labs paid, when the purchase occurred or the address holding the position. Pons did not specify whether Uniswap Labs acquired PONS on the open market or received an allocation, a distinction raised by several users responding to the announcement.
Uniswap Labs had not issued its own statement detailing the transaction at the time of the disclosure.
PONS traded at $0.5013, up 17.5% over the previous 24 hours, according to CoinGecko. The token reached an all-time high of $0.5242 earlier Thursday after trading as low as $0.3476 during the same period, while turnover stood at $135.2 million.
Its market capitalization reached $357.1 million, placing PONS 118th among cryptocurrencies by market value.
The move came one day after Binance added PONS and FLORK to Binance Alpha 1.0. Crypto.news previously reported that Pons was generating $5.95 million in daily fees when the exchange announced the additions.
Uniswap Labs takes PONS position as V4 activity expands Pons launched on July 13 and deployed its V2 contracts on Aug. 3, linking tokens that graduate from its bonding curve directly with Uniswap V4 liquidity pools.
Before the deployment, Pons had detailed an ETH bonding curve alongside Uniswap V4 integration, creator payouts in ETH and support for custom trading pairs involving tokenized assets.
Under the model, tokens begin trading through the launchpad’s bonding curve before liquidity moves into Uniswap V4 once a token graduates. The V2 plan included pairs using assets such as USDG and tokenized versions of NVDA, AAPL and HOOD.
Robinhood Chain has since become the largest network for Uniswap V4 trading by volume.
Uniswap V4 processed $1.6 billion across supported chains over the latest 24-hour period, according to DefiLlama. Robinhood Chain contributed $901.5 million, or 56.3% of that total.
Ethereum followed with $465.5 million, while BNB Chain recorded $93.9 million and Base handled $52.5 million.
Uniswap’s deployment on Robinhood Chain held $207 million in total value locked and generated $7.72 million in fees over the past day.
The PONS purchase consequently puts Uniswap Labs on the token holder side of an application that sends graduated assets into its V4 pools, although the size and structure of the company’s position remain undisclosed.
Pons competes with Uniswap’s own Robinhood Chain launchpad Uniswap Labs operates another token launch platform on the same network.
The company launched Pools.trade on Aug. 5, two days after Pons shipped its V2 contracts. The platform allows users to create tokens through crowd or instant launches and routes completed launches into permanently locked Uniswap V4 liquidity.
Pools.trade charges no fee to launch a token, while trades carry a standard 0.25% liquidity provider fee.
The platform recorded more launches than Pons during its first day, but Pons subsequently pulled well ahead in fee generation.
By Aug. 31, Pools.trade was collecting $38,553 in daily fees compared with $4.89 million for Pons V2.
Pons has since generated $5.95 million in fees over 24 hours, $28.83 million over seven days and $40.84 million over 30 days, DefiLlama data showed. Approximately $1.11 million of the latest daily total was retained as protocol revenue.
The launchpad has out-earned Solana’s pump.fun in daily fees every day since Aug. 29. Pons had previously led pump.fun for six days in late July before falling behind for approximately a month.
Its revenue has become a large component of activity generated by applications on Robinhood Chain. A recent DefiLlama snapshot showed Robinhood Chain application revenue reaching $2.66 million over 24 hours, temporarily placing the network ahead of Hyperliquid, Ethereum and Base under the same metric.
GMGN, Pons and Uniswap together accounted for approximately 93% of the measured application revenue in that snapshot. Pons generated roughly $1.03 million, compared with around $1.11 million for GMGN and $327,707 for Uniswap.
Robinhood Chain carries most Uniswap V4 trading Robinhood launched its chain mainnet on July 1 as an Ethereum Layer 2 built using Arbitrum technology, with tokenized equities forming a central part of its trading offering.
Memecoin issuance began during the network’s first week. Launchpads later started combining memecoins with tokenized equities in the same trading markets, giving users pairs denominated in assets linked to publicly traded companies.
Uniswap has become one of the main liquidity venues for that activity. Combined tokenized stock volume through Uniswap on Robinhood Chain passed $1 billion in August.
The figure covered cumulative swaps involving several stock tokens and did not represent the amount of tokenized equities held on the network. Markets have included tokens tracking companies such as Nvidia, Apple and Alphabet.
Across decentralized exchanges, Robinhood Chain settled $1.35 billion in volume over the latest 24 hours. Total value locked stood at $818.6 million after rising 9.1% on the day, while stablecoins on the network were valued at $868.5 million.
The chain collected $4.45 million in gas fees and retained $4.01 million in revenue after Ethereum settlement expenses and the 10% share owed to Arbitrum.
Trading activity has remained concentrated among a smaller number of applications and assets. On Aug. 30, Pons alone generated $445 million of Robinhood Chain’s $874.8 million in DEX volume, according to a subsequent analysis of the network’s trading activity.
PONS buybacks have removed more than 29% of supply Pons uses a large portion of its protocol fees to buy its native token.
Approximately 80% of protocol fees are directed toward PONS purchases, according to Pons and DefiLlama’s accounting of protocol revenue.
Pons said Thursday that 29.34% of the total token supply had been burned. CoinGecko put circulating supply at 712.1 million PONS against a maximum supply of 1 billion.
To date, 29.34% of the total ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 supply has been burned.
80% of protocol fees go towards programmatically accumulating ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241
/always_be_burning pic.twitter.com/6K1E0f6GEX
— Pons (@ponsdotfamily) September 3, 2026 The token’s record price came as UNI recorded its own weekly gains. Uniswap’s native token traded at $6.28, up 7.9% over 24 hours and 36.1% over seven days, giving it a market capitalization of $3.92 billion.
Pons has continued adding markets tied to Robinhood Chain’s tokenized-equity ecosystem. The launchpad listed another group of stock-token pairs Thursday, including UPS, SNAP, LULU, PFE and JNJ.
Avalanche (AVAX) is currently consolidating within a symmetrical triangle, as price volatility contracts and market participants anticipate a significant move. Technical analysis points to a critical moment for AVAX, with the asset trading at $7.29, a daily volume of $201.18 million, and a market capitalization of $3.14 billion. After recording a 2.06% gain in the last 24 hours, bullish sentiment is building, though traders remain alert to both upside and downside risks.
Price consolidation and breakout levelsAnalyst Crypto With Gopal identified the consolidation structure on the one-hour chart, with AVAX forming a symmetrical triangle. This pattern highlights the balance of power between buyers and sellers, resulting in narrowing price action around the $7.20 level. Resistance is concentrated in the $7.60 to $7.70 zone, a region bulls must reclaim to establish further momentum.
A decisive breakout above this resistance is likely to shift market sentiment in favor of the bulls, setting the stage for an advance to $7.95.
Conversely, a failure to overcome resistance or a breakdown below the triangle could accelerate bearish momentum, placing $6.50 as a possible lower target for AVAX in the near term.
The converging trendlines in AVAX price signal tightening volatility, with a key test ahead at the $7.60–$7.70 resistance. A successful breakout could pave the way to $7.95, while rejection risks a drawdown to $6.50.
Institutional tokenization expands with CashlinkAvalanche’s progress in tokenizing real-world assets is supported by its recent integration with Cashlink. The European-based tokenization platform is leveraging Avalanche for institutional securities, strengthening regulatory-compliant digital asset issuance and management.
Through this partnership, Cashlink’s institutional clients can create and oversee tokenized securities directly on Avalanche. This bridges the gap between traditional finance and on-chain infrastructure, as institutions increasingly seek blockchain solutions for asset issuance and transfer.
Financial institutions such as KfW, NRW.BANK, DZ Bank, Tradias, and Helaba are already utilizing the Cashlink network, which has processed over €1 billion in transactions across more than 300 live issuances.
While technical setups like the contracting triangle and the need to break key resistance levels remain pivotal for AVAX’s short-term outlook, a broader transformation is underway in asset management. Instead of relying on intermediaries, Wall Street and major investors are shifting toward Web3 solutions. Platforms like 1stepSwap now enable users to hold shares of leading U.S. companies and commodities such as gold and silver directly within their crypto wallets. By tokenizing real-world assets and instantly identifying optimal market prices, these platforms remove middlemen from the investment process.
As integration efforts between Cashlink and Avalanche deepen, institutional tokenization and blockchain adoption continue to advance, reinforcing Avalanche’s position within regulated digital finance.
Despite positive forecasts, market caution prevails, and price action will depend on whether bulls can secure a close above the $7.60–$7.70 range. Otherwise, the risk of a move back toward $6.50 remains notable, underscoring the importance of monitoring key technical levels.
Avalanche (AVAX) showed signs of a possible bullish reversal as demand increased around a key support zone. The token traded at $7.30 with a 24-hour trading volume of $285.9 million and a market capitalization of $3.15 billion. Within the last 24 hours, AVAX recorded a 2.81% gain, while network metrics indicated strengthening fundamentals.
Technical outlook: Bullish reversal and key resistanceCrypto analyst Crypto With Gopal identified a triple-bottom pattern developing on AVAX’s one-hour chart. The token has tested the $7.00 area twice before forming a third low at $7.05, suggesting sustained buyer interest at this support level.
This repeated defense of support points to a weakening of selling pressure and potential reversal. The main resistance now stands at $7.75. A confirmed breakout above this threshold, followed by consolidation, could shift the broader outlook positively and open the door for AVAX to approach the $8.50 zone.
Triple-bottom formations on lower time frames often reinforce the probability of bullish reversals when accompanied by rising volumes and repeated defense of support areas.
Analysts noted that confirmation of upward momentum would be necessary before market participants expect a sustained move. Without such confirmation, AVAX could remain in a consolidation phase below resistance.
Support LevelResistance LevelBreakout Target$7.00$7.75$8.50Network activity: Developer engagement surgesData from research firm MSB Intel showed a significant increase in development on the Avalanche blockchain. Over the past month, the number of smart contracts deployed rose 204%, reaching a total of 1.9 million. This surge in activity highlights a growing ecosystem and may signal increasing network usage and interest from project teams.
More development activity often translates to new decentralized applications (dApps) and on-chain solutions, potentially expanding Avalanche’s use cases and appeal.
Mini dictionary: MSB Intel is a blockchain analytics firm specializing in on-chain data tracking, contract deployments, and developer activity analysis to assess ecosystem growth across crypto networks.
If the current pace of launches and experimentation continues, Avalanche could see further network adoption and broader market recognition in the coming months.
Market dynamics and price implicationsThe wider cryptocurrency market, led by Bitcoin (BTC), has also seen renewed momentum, which may benefit AVAX in the near term. Observers recommend that traders monitor price action near the $7.75 resistance level for signals of a bullish reversal confirmation.
If AVAX fails to break out above resistance, a period of consolidation may persist. On the other hand, continued developer engagement could provide longer-term support for network growth and potential price appreciation.
Several analysts have highlighted these developments as reasons to remain attentive to Avalanche’s progress, citing both the technical chart structure and the uptick in ecosystem activity.
A sustained climb in developer activity, alongside technical resilience, frequently precedes periods of accelerated adoption and potential valuation increases across blockchain networks.
For now, the market awaits a decisive breakout. If the bullish momentum endures, AVAX may target higher levels in the short and medium term as the ecosystem continues to evolve.
Solana (SOL) has broken above the $103 resistance line, trading at $105.22, having gained 5.5% in the day. This marks a major development in terms of the UTXO Realized Price Distribution (URPD) chart. $103.25 was the price at which 39 million SOL were exchanged, making it a massive threshold to cross in the attempt to establish strong bullish momentum.
Solana faces two barriers to attain $150Now, according to the same chart, the next overhead resistance lies at $123 and thereafter $132. Both these prices saw about 20 million SOL acquired and are therefore significant barriers to overcome.
After that, the next major supply zone would be near $150, a price last achieved in mid-November 2025.
Source: Ali Charts
Other than upward market movement and positive sentiment, the recent rally has also been supported by several accumulation metrics.
The number of wallets holding at least 10,000 SOL (whales) has increased by 1.58% in the past week. Additionally, the number of SOL on exchanges has declined by 4.91% in the same period. This signals a shift to self-custody wallets or decentralized staking, effectively reducing the overall sell-side pressure.
Even more, Solana spot ETF flows turned positive on September 3, averaging 43,000 SOL in inflows.
Source: CoinGlass
The outlook At 59.25, the Relative Strength Indicator (RSI) shows SOL is in a neutral-to-bullish territory. Buyers have a slightly larger monopoly at the moment.
Meanwhile, the Moving Average Convergence Divergence (MACD) histogram remains above zero at 5.56, confirming the buildup of upward acceleration.
Source: TradingView
At this pace, Solana could be primed for $150 should it break above the two ceilings noted and maintain positive whale and institutional uptake.
Story Ends Here
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Solana’s [SOL] latest growth story is unexpected, but welcome.
AI activity is on the rise, and now the platform looks to be pulling ahead in the race to become a key network.
Solana takes the lead in the x402 payment race Solana has taken the lead in x402 activity after months of Base dominating the space. Per data from Artemis, there was a mammoth jump in weekly x402 transactions and volume, and now Solana handles the majority of activity.
Source: Artemis This is the first time Solana has overtaken Base in both transaction count and volume for x402. This is a payment protocol that lets AI agents and apps use stablecoins for online services.
Solana leads with $143M in August revenue The network also ranked first in app revenue during August. The number was at $143 million, and accounted for 38% of total on-chain app earnings.
Solana’s app revenue raced ahead of Ethereum [ETH], Base, and Hyperliquid [HYPE] L1.
Source: DeFiLlama AMBCrypto previously reported that Solana validators approved a proposal that may cut new SOL issuance by 18.9 million over the next six years. The plan will speed up Solana’s move toward its existing 1.5% inflation target.
There is uncertainty, but supply growth alone doesn’t help a price move. Demand will still be the bigger factor.
SOL stays strong post rally After coming back from the depths of the $70s to above $100 in late August, SOL is now in a consolidation phase near $104.
Source: TradingView RSI was above neutral; buyers still have control. However, the indicator has slowed in the recent times. Meanwhile, the CMF was positive, so buying interest was very much present.
So, what’s next for SOL? Either the rise in activity would help generate new demand, or traders may just continue to lock in profits after the recent rally.
Final Summary Solana overtook Base in x402 activity after months! That and rising app revenue helped SOL hold its gains.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Solana has surpassed Base in both x402 transaction count and volume for the first time, according to Artemis data released by SolanaFloor on September 3. During the last week of August, Solana handled more than 90% of all x402 transactions, signaling a major shift in how stablecoin payments are processed between applications and AI agents across blockchain networks.
Solana captures majority of x402 activity in 2026Artemis figures show a significant uptick in x402 usage on Solana for the week ending August 31. The network moved ahead of Base, which had previously been the top venue for x402 transactions. While transaction count can sometimes be inflated by micro-payments, accompanying volume data confirmed that both qualitative and quantitative activity favored Solana during this period.
This development marks a pivotal change in the competition between Solana and Base for x402 transaction flows. Solana’s share had been consistently rising as protocol developers ramped up testing for automated and programmatic stablecoin payments. While this weekly surge is notable, analysts caution that one data point does not establish a long-term trend.
Networkx402 Transaction Count (latest week)x402 Volume (latest week)Solana90%+90%+Base~10%~10%Protocol background: x402 enables programmatic stablecoin paymentsThe x402 protocol, developed by Coinbase, uses HTTP’s 402 payment status to facilitate automated stablecoin payments programmed by AI agents and decentralized applications. The protocol allows digital agents to pay for APIs, data, and services directly, supporting several networks such as Solana and Base.
Solana’s infrastructure, known for low costs and high-speed settlement, makes it especially attractive for use cases with repeated, small-value transfers. In May 2026, Rich Widmann from Google Cloud described Solana as “the right choice for settlement,” highlighting its role in enabling smooth machine-to-machine payments among AI-powered systems.
Mini dictionary: x402, a payment protocol designed by Coinbase, leverages the HTTP 402 status code to enable stablecoin payments between software agents, especially for accessing APIs and services without manual customer intervention.
Coinbase states that x402 allows AI agents and applications to send and receive stablecoin payments for APIs, content, and services, spanning multiple networks like Solana and Base.
Implications for stablecoin payments and Solana’s utilitySolana’s dominance in recent x402 activity could reinforce its reputation as a preferred settlement network for stablecoin transfers and machine-driven payments. So far, network reports indicate that over 35 million x402 transactions totaling $10 million in volume have been processed since the protocol launch on Solana.
However, increased x402 usage does not necessarily translate to higher direct demand for SOL tokens, as most transactions settle in stablecoins. Persistent commercial usage from AI agents, applications, and enterprises will offer a stronger indicator of sustainable network utility.
Despite the surge in x402 transactions, observers emphasize that organic economic activity and recurring payment behaviors will ultimately decide whether Solana can maintain its lead in the months ahead.
Outlook: Will Solana’s lead in x402 activity persist?The crucial question is whether the spike in Solana’s x402 activity will hold over multiple weeks, signaling stable economic demand. Market participants will watch for sustained volume and repeated commercial payments to gauge long-term adoption. Base continues to support x402 transactions, and Coinbase underscores that the protocol was built for use on multiple networks.
For developers, businesses, and investors, the expanding use of x402 suggests a broader trend toward automated, on-chain payments and programmatic commerce. Whether Solana’s current advantage becomes permanent remains to be seen, hinging on consistent adoption and transaction volume over time.
DeGods founder spends $1,491 to buy MEME, earning an 810x return.
Per Lookonchain monitoring, DeGods founder Frank (@frankdegods) spent $1,491 to buy 11 million MEME tokens 11 hours ago; the holding is now worth over $1.2 million, delivering an 810x return.
2 minutes ago
AMC’s after-hours trading gains on US stocks widened to over 20%
According to market data from BIT (bit.com), U.S. cinema chain AMC’s after-hours trading gain has expanded to over 20%, with its current price standing at $3.07.
2 minutes ago
AMC CEO responds to Robinhood CEO: Demands an end to AMC stock token trading, plans to seek legal action to halt it.
AMC CEO Adam Aron responded to Robinhood CEO Vlad Tenev, saying Tenev’s concerns about AMC’s stock tokens are “almost existential for the company.” He questioned why Robinhood, a U.S.-based firm, is able to issue products that purportedly represent AMC stock but fail to comply with U.S. securities laws via an offshore entity based in Jersey. Aron noted that AMC spends millions of dollars annually to adhere to U.S. securities regulations, adding that Robinhood’s so-called “synthetic equity market” could decouple stock token trading from the financing arrangements of listed companies. Traditional stockholders hold rights such as voting, but Aron argued that stock tokens do not represent actual equity, meaning investors cannot access corresponding shareholder rights. Aron demanded that Tenev and Robinhood voluntarily halt AMC stock token trading; otherwise, AMC has retained external securities lawyers to explore measures to force Robinhood to cease such activity. He also said he will submit inquiries to the U.S. Securities and Exchange Commission (SEC) regarding Robinhood’s practices. Earlier reports stated that Aron released a statement this morning revealing Robinhood is advancing a tokenized real-world asset and stock token project involving AMC and more than 190 other companies. Aron clarified that AMC has no connection to the project, does not endorse the practices involved, and will immediately retain external securities lawyers to review the matter. Robinhood CEO Vlad Tenev responded that there is no need for concern.
2 minutes ago
Japanese and South Korean stock markets closed higher across the board, with SK Hynix rising more than 3%.
According to Bitget data, the Nikkei 225 index closed 806.46 points higher on Friday, September 4, rising 1.26% to 65,020.94 points. South Korea’s KOSPI index also closed up 107.73 points, or 1.64%, at 6,687.21 points on the same day, with SK Hynix gaining over 3% and Samsung Electronics rising 2.2%.
2 minutes ago
Meme crypto project MEME briefly broke through $110 million in market capitalization, setting a new all-time high.
According to GMGN data, the stock-meme project MEME on Robinhood Chain has been surging, with its market cap briefly breaking through $110 million to hit a new all-time high before pulling back to $95 million. It has surged over 1,000% in 24 hours, with trading volume reaching $59.1 million. MEME leverages stock trading platform Robinhood, pairing with tokenized U.S. stock AMC Entertainment (the U.S. theater chain with ticker AMC) as its liquidity pool, using the MEME/AMC trading pair to provide liquidity. AMC’s CEO stated in a post this morning that Robinhood is advancing a tokenized real-world asset and stock token project involving AMC and over 190 other companies. He noted AMC has no connection to the project, does not endorse the practice, and will immediately request external securities lawyers to review the matter. Robinhood CEO Vlad Tenev responded that there is no need for concern. BlockBeats Note: Stock Meme is an emerging concept that combines traditional meme coins with tokenized U.S. stocks: instead of pairing with USDT or ETH, meme coins are directly paired with on-chain U.S. stock tokens (e.g., NVDA, TSLA, AAPL, etc.). This model retains meme coins’ high volatility and community-driven speculative nature while tapping into the popularity and narrative of real stocks. A portion of transaction fees often flows back to the community treasury to accumulate corresponding U.S. stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". Prices are highly volatile; invest with caution.
2 minutes ago
Bank of Korea: South Korea's memory chip production capacity advantage is expected to further expand.
The Bank of Korea stated that thanks to Samsung Electronics and SK Hynix’s active expansion of domestic production facilities, South Korea’s leading edge in storage chip production capacity is expected to further expand. The central bank projects that new chip factories set to commence operations by 2028 will boost South Korea’s monthly wafer production capacity by approximately 600,000 units.
DeGods founder spends $1,491 to buy MEME, earning an 810x return.
Per Lookonchain monitoring, DeGods founder Frank (@frankdegods) spent $1,491 to buy 11 million MEME tokens 11 hours ago; the holding is now worth over $1.2 million, delivering an 810x return.
2 minutes ago
AMC’s after-hours trading gains on US stocks widened to over 20%
According to market data from BIT (bit.com), U.S. cinema chain AMC’s after-hours trading gain has expanded to over 20%, with its current price standing at $3.07.
2 minutes ago
AMC CEO responds to Robinhood CEO: Demands an end to AMC stock token trading, plans to seek legal action to halt it.
AMC CEO Adam Aron responded to Robinhood CEO Vlad Tenev, saying Tenev’s concerns about AMC’s stock tokens are “almost existential for the company.” He questioned why Robinhood, a U.S.-based firm, is able to issue products that purportedly represent AMC stock but fail to comply with U.S. securities laws via an offshore entity based in Jersey. Aron noted that AMC spends millions of dollars annually to adhere to U.S. securities regulations, adding that Robinhood’s so-called “synthetic equity market” could decouple stock token trading from the financing arrangements of listed companies. Traditional stockholders hold rights such as voting, but Aron argued that stock tokens do not represent actual equity, meaning investors cannot access corresponding shareholder rights. Aron demanded that Tenev and Robinhood voluntarily halt AMC stock token trading; otherwise, AMC has retained external securities lawyers to explore measures to force Robinhood to cease such activity. He also said he will submit inquiries to the U.S. Securities and Exchange Commission (SEC) regarding Robinhood’s practices. Earlier reports stated that Aron released a statement this morning revealing Robinhood is advancing a tokenized real-world asset and stock token project involving AMC and more than 190 other companies. Aron clarified that AMC has no connection to the project, does not endorse the practices involved, and will immediately retain external securities lawyers to review the matter. Robinhood CEO Vlad Tenev responded that there is no need for concern.
2 minutes ago
Japanese and South Korean stock markets closed higher across the board, with SK Hynix rising more than 3%.
According to Bitget data, the Nikkei 225 index closed 806.46 points higher on Friday, September 4, rising 1.26% to 65,020.94 points. South Korea’s KOSPI index also closed up 107.73 points, or 1.64%, at 6,687.21 points on the same day, with SK Hynix gaining over 3% and Samsung Electronics rising 2.2%.
2 minutes ago
Meme crypto project MEME briefly broke through $110 million in market capitalization, setting a new all-time high.
According to GMGN data, the stock-meme project MEME on Robinhood Chain has been surging, with its market cap briefly breaking through $110 million to hit a new all-time high before pulling back to $95 million. It has surged over 1,000% in 24 hours, with trading volume reaching $59.1 million. MEME leverages stock trading platform Robinhood, pairing with tokenized U.S. stock AMC Entertainment (the U.S. theater chain with ticker AMC) as its liquidity pool, using the MEME/AMC trading pair to provide liquidity. AMC’s CEO stated in a post this morning that Robinhood is advancing a tokenized real-world asset and stock token project involving AMC and over 190 other companies. He noted AMC has no connection to the project, does not endorse the practice, and will immediately request external securities lawyers to review the matter. Robinhood CEO Vlad Tenev responded that there is no need for concern. BlockBeats Note: Stock Meme is an emerging concept that combines traditional meme coins with tokenized U.S. stocks: instead of pairing with USDT or ETH, meme coins are directly paired with on-chain U.S. stock tokens (e.g., NVDA, TSLA, AAPL, etc.). This model retains meme coins’ high volatility and community-driven speculative nature while tapping into the popularity and narrative of real stocks. A portion of transaction fees often flows back to the community treasury to accumulate corresponding U.S. stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". Prices are highly volatile; invest with caution.
2 minutes ago
Bank of Korea: South Korea's memory chip production capacity advantage is expected to further expand.
The Bank of Korea stated that thanks to Samsung Electronics and SK Hynix’s active expansion of domestic production facilities, South Korea’s leading edge in storage chip production capacity is expected to further expand. The central bank projects that new chip factories set to commence operations by 2028 will boost South Korea’s monthly wafer production capacity by approximately 600,000 units.
Bitcoin (BTC) hit an intraday high of $82,108 before easing to trade near $81,050. That is up 4.5% over the past 24 hours, according to CoinGecko data.
The move extends an August rally. Fidelity Digital Assets says the jump alone does not confirm the bear market has ended.
Why Fidelity Is Still CautiousBitcoin logged its strongest monthly gain since November 2024 in August. Ether (ETH) and Solana (SOL) climbed even harder over the same stretch.
Bitcoin has spiked again to sit above $80,000. Image Source: CoinGeckoFidelity’s Chris Kuiper points to a pattern seen before past bull runs. Low volatility tends to precede a sharp upward move. That is roughly what played out from June into late August, he says.
Some traders are also watching bitcoin’s four-year cycle theory. The idea holds that bear-market bottoms have historically landed about four years apart. That points to a possible bottom near November 2026, based on the November 2022 low.
Kuiper cautions the pattern has never repeated on a precise schedule and should not be used to time entries. This cycle’s low may already have formed in July, he adds, or a fresh low could arrive later this year.
Others Are Ready for a Bitcoin Bull MarketNot every analyst agrees. Eric Crown argues in a recent bear market call that the downturn already ended in August.
“The more important point for investors is that adoption of digital assets has happened in waves, which can perpetuate cycles.”
— Chris Kuiper, Vice President of Research, Fidelity Digital Assets
Kuiper adds that recent negative headlines failed to drag prices lower. A hardware wallet security incident is one example he cites. He calls this a sign that sellers may be running low on room to push the market down.
The CLARITY Act, a bill meant to clarify federal oversight of crypto, remains stuck in the Senate. A voting day cut makes quick passage unlikely. Separately, the SEC’s Regulation Crypto Assets, a framework for early-stage crypto offerings, remains open for public comment.
Fidelity points to growth in stablecoins and real-world assets, tokenized versions of things like bonds and real estate. That growth shows network fundamentals held up even as price lagged, it says.
It argues adoption and Bitcoin’s price action are now moving back in step. Whether that holds through the rest of the year is what Fidelity says investors should watch next.
Solana has demonstrated renewed strength after breaking out from a bullish chart pattern, with buyers regaining control and market optimism on the rise. Backed by surging demand and expanding network utility, Solana’s upward momentum has intensified as technical signals confirm the trend.
Solana climbs after significant breakoutAt press time, Solana (SOL) trades at $104.98, supported by a robust 24-hour trading volume of $3.77 billion and a market capitalization of $61.44 billion. Over the past day, SOL’s price has advanced by 5.31%.
Crypto analyst Javon Marks reported that Solana has surged above resistance formed by a cup-and-handle pattern, reinforcing the bullish case for the asset. The analyst’s view points to buyers regaining the upper hand after a prolonged period of consolidation.
Solana’s move above the cup-and-handle resistance indicates a shift in control to buyers, with traders watching for sustained momentum and whether the former ceiling will hold as a new support level.
The technical breakout has sparked forecasts for Solana to target the $500 region, which would set new all-time highs. Achieving such an objective will depend on the persistence of buying pressure, elevated trading volumes, and favorable macro conditions. Market participants are monitoring the price to see if it can consistently hold above the breakout area to validate the bullish setup.
Technical indicators and trading activityAnalysis from TradingView reveals Solana completed a sharp bullish breakout after consolidating between $62.00 and $78.00 throughout the summer. The asset pushed through former resistance, reaching as high as $105.01 for a daily gain of 4.58%.
Solana’s price currently trades above its 20, 50, 100, and 200 exponential moving averages (EMAs), a sign of strong structural momentum. Technical indicators show that buying activity continues, even following a pullback from recent highs near $110. The Relative Strength Index (RSI) rests at 68.20, closely tracking its signal line of 76.14, while the 20 EMA at $95.67 provides short-term dynamic support.
Data from CoinGlass highlights an uptick in market activity for Solana. Trading volume jumped by 12.10% to $9.38 billion, while open interest increased by 1.76% to $6.57 billion, suggesting increased speculative participation.
MetricCurrent ValueChange (%)Trading volume$9.38 billion+12.10%Open interest$6.57 billion+1.76%A positive backdrop in the wider cryptocurrency market, led by gains in Bitcoin, has also contributed to Solana’s recent performance.
New payment channel technology boosts network utilityAccording to the Solana Foundation, the network recently launched payment channels designed to facilitate high-frequency transactions for AI bots. This advancement addresses signature and settlement difficulties encountered during each API call, supporting rapid micropayments with technology capable of processing one million transactions per second.
The payment channels are currently operational through Pay.sh and allow interaction with services like the Alibaba Cloud API endpoint, improving machine-to-machine trading and enabling autonomous agents to purchase digital services at scale.
Mini dictionary: Payment channels are off-chain mechanisms allowing multiple transactions between parties, which are later settled in bulk on the blockchain, reducing congestion and enabling efficient high-frequency payments. These channels are essential for decentralized applications and automated systems interacting at scale.
With this technology live, Solana enables high-frequency agentic payments with lower friction, as multiple payments can occur without settling each transaction on-chain in real-time.
Looking ahead, analysts suggest that maintaining momentum above the breakout zone will be critical for Solana if the network hopes to achieve higher price benchmarks. Failure to hold these levels could see the asset revert to a consolidation phase.
DeGods founder spends $1,491 to buy MEME, earning an 810x return.
Per Lookonchain monitoring, DeGods founder Frank (@frankdegods) spent $1,491 to buy 11 million MEME tokens 11 hours ago; the holding is now worth over $1.2 million, delivering an 810x return.
2 minutes ago
AMC’s after-hours trading gains on US stocks widened to over 20%
According to market data from BIT (bit.com), U.S. cinema chain AMC’s after-hours trading gain has expanded to over 20%, with its current price standing at $3.07.
2 minutes ago
AMC CEO responds to Robinhood CEO: Demands an end to AMC stock token trading, plans to seek legal action to halt it.
AMC CEO Adam Aron responded to Robinhood CEO Vlad Tenev, saying Tenev’s concerns about AMC’s stock tokens are “almost existential for the company.” He questioned why Robinhood, a U.S.-based firm, is able to issue products that purportedly represent AMC stock but fail to comply with U.S. securities laws via an offshore entity based in Jersey. Aron noted that AMC spends millions of dollars annually to adhere to U.S. securities regulations, adding that Robinhood’s so-called “synthetic equity market” could decouple stock token trading from the financing arrangements of listed companies. Traditional stockholders hold rights such as voting, but Aron argued that stock tokens do not represent actual equity, meaning investors cannot access corresponding shareholder rights. Aron demanded that Tenev and Robinhood voluntarily halt AMC stock token trading; otherwise, AMC has retained external securities lawyers to explore measures to force Robinhood to cease such activity. He also said he will submit inquiries to the U.S. Securities and Exchange Commission (SEC) regarding Robinhood’s practices. Earlier reports stated that Aron released a statement this morning revealing Robinhood is advancing a tokenized real-world asset and stock token project involving AMC and more than 190 other companies. Aron clarified that AMC has no connection to the project, does not endorse the practices involved, and will immediately retain external securities lawyers to review the matter. Robinhood CEO Vlad Tenev responded that there is no need for concern.
2 minutes ago
Japanese and South Korean stock markets closed higher across the board, with SK Hynix rising more than 3%.
According to Bitget data, the Nikkei 225 index closed 806.46 points higher on Friday, September 4, rising 1.26% to 65,020.94 points. South Korea’s KOSPI index also closed up 107.73 points, or 1.64%, at 6,687.21 points on the same day, with SK Hynix gaining over 3% and Samsung Electronics rising 2.2%.
2 minutes ago
Meme crypto project MEME briefly broke through $110 million in market capitalization, setting a new all-time high.
According to GMGN data, the stock-meme project MEME on Robinhood Chain has been surging, with its market cap briefly breaking through $110 million to hit a new all-time high before pulling back to $95 million. It has surged over 1,000% in 24 hours, with trading volume reaching $59.1 million. MEME leverages stock trading platform Robinhood, pairing with tokenized U.S. stock AMC Entertainment (the U.S. theater chain with ticker AMC) as its liquidity pool, using the MEME/AMC trading pair to provide liquidity. AMC’s CEO stated in a post this morning that Robinhood is advancing a tokenized real-world asset and stock token project involving AMC and over 190 other companies. He noted AMC has no connection to the project, does not endorse the practice, and will immediately request external securities lawyers to review the matter. Robinhood CEO Vlad Tenev responded that there is no need for concern. BlockBeats Note: Stock Meme is an emerging concept that combines traditional meme coins with tokenized U.S. stocks: instead of pairing with USDT or ETH, meme coins are directly paired with on-chain U.S. stock tokens (e.g., NVDA, TSLA, AAPL, etc.). This model retains meme coins’ high volatility and community-driven speculative nature while tapping into the popularity and narrative of real stocks. A portion of transaction fees often flows back to the community treasury to accumulate corresponding U.S. stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". Prices are highly volatile; invest with caution.
2 minutes ago
Bank of Korea: South Korea's memory chip production capacity advantage is expected to further expand.
The Bank of Korea stated that thanks to Samsung Electronics and SK Hynix’s active expansion of domestic production facilities, South Korea’s leading edge in storage chip production capacity is expected to further expand. The central bank projects that new chip factories set to commence operations by 2028 will boost South Korea’s monthly wafer production capacity by approximately 600,000 units.
DeGods founder spends $1,491 to buy MEME, earning an 810x return.
Per Lookonchain monitoring, DeGods founder Frank (@frankdegods) spent $1,491 to buy 11 million MEME tokens 11 hours ago; the holding is now worth over $1.2 million, delivering an 810x return.
2 minutes ago
AMC’s after-hours trading gains on US stocks widened to over 20%
According to market data from BIT (bit.com), U.S. cinema chain AMC’s after-hours trading gain has expanded to over 20%, with its current price standing at $3.07.
2 minutes ago
AMC CEO responds to Robinhood CEO: Demands an end to AMC stock token trading, plans to seek legal action to halt it.
AMC CEO Adam Aron responded to Robinhood CEO Vlad Tenev, saying Tenev’s concerns about AMC’s stock tokens are “almost existential for the company.” He questioned why Robinhood, a U.S.-based firm, is able to issue products that purportedly represent AMC stock but fail to comply with U.S. securities laws via an offshore entity based in Jersey. Aron noted that AMC spends millions of dollars annually to adhere to U.S. securities regulations, adding that Robinhood’s so-called “synthetic equity market” could decouple stock token trading from the financing arrangements of listed companies. Traditional stockholders hold rights such as voting, but Aron argued that stock tokens do not represent actual equity, meaning investors cannot access corresponding shareholder rights. Aron demanded that Tenev and Robinhood voluntarily halt AMC stock token trading; otherwise, AMC has retained external securities lawyers to explore measures to force Robinhood to cease such activity. He also said he will submit inquiries to the U.S. Securities and Exchange Commission (SEC) regarding Robinhood’s practices. Earlier reports stated that Aron released a statement this morning revealing Robinhood is advancing a tokenized real-world asset and stock token project involving AMC and more than 190 other companies. Aron clarified that AMC has no connection to the project, does not endorse the practices involved, and will immediately retain external securities lawyers to review the matter. Robinhood CEO Vlad Tenev responded that there is no need for concern.
2 minutes ago
Japanese and South Korean stock markets closed higher across the board, with SK Hynix rising more than 3%.
According to Bitget data, the Nikkei 225 index closed 806.46 points higher on Friday, September 4, rising 1.26% to 65,020.94 points. South Korea’s KOSPI index also closed up 107.73 points, or 1.64%, at 6,687.21 points on the same day, with SK Hynix gaining over 3% and Samsung Electronics rising 2.2%.
2 minutes ago
Meme crypto project MEME briefly broke through $110 million in market capitalization, setting a new all-time high.
According to GMGN data, the stock-meme project MEME on Robinhood Chain has been surging, with its market cap briefly breaking through $110 million to hit a new all-time high before pulling back to $95 million. It has surged over 1,000% in 24 hours, with trading volume reaching $59.1 million. MEME leverages stock trading platform Robinhood, pairing with tokenized U.S. stock AMC Entertainment (the U.S. theater chain with ticker AMC) as its liquidity pool, using the MEME/AMC trading pair to provide liquidity. AMC’s CEO stated in a post this morning that Robinhood is advancing a tokenized real-world asset and stock token project involving AMC and over 190 other companies. He noted AMC has no connection to the project, does not endorse the practice, and will immediately request external securities lawyers to review the matter. Robinhood CEO Vlad Tenev responded that there is no need for concern. BlockBeats Note: Stock Meme is an emerging concept that combines traditional meme coins with tokenized U.S. stocks: instead of pairing with USDT or ETH, meme coins are directly paired with on-chain U.S. stock tokens (e.g., NVDA, TSLA, AAPL, etc.). This model retains meme coins’ high volatility and community-driven speculative nature while tapping into the popularity and narrative of real stocks. A portion of transaction fees often flows back to the community treasury to accumulate corresponding U.S. stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". Prices are highly volatile; invest with caution.
2 minutes ago
Bank of Korea: South Korea's memory chip production capacity advantage is expected to further expand.
The Bank of Korea stated that thanks to Samsung Electronics and SK Hynix’s active expansion of domestic production facilities, South Korea’s leading edge in storage chip production capacity is expected to further expand. The central bank projects that new chip factories set to commence operations by 2028 will boost South Korea’s monthly wafer production capacity by approximately 600,000 units.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
One Route, No Manual Bridging@injective announced on Thursday that users can now swap native $INJ or native $USDC directly into any token on Robinhood Chain through Jumper (@jumperapp), including meme coins and tokenized stocks, with all bridging and swapping handled behind the scenes. According to @injective, the integration delivers the lowest fees and fastest speeds, removing the need for users to manage separate steps across different platforms.
Jumper is the consumer-facing application built on LI.FI's cross-chain aggregation layer. LI.FI's multi-chain routing network supports seamless bridging, swapping, and depositing of $INJ and native $USDC, connecting Injective to over 60 blockchains and more than 1,000 applications. @RobinhoodCrypto has been supported on Jumper since Robinhood Chain's mainnet launch, and @injective went live on the platform last week.
CASHCAT and the Robinhood Chain Ecosystem@injective specifically called out $CASHCAT in its announcement, nodding to the token that has become the breakout asset on Robinhood Chain. Cash Cat is a community-driven meme token native to Robinhood Chain, created around the historical lore that the trading platform Robinhood was originally conceived under the name "Cash Cat." The project is explicitly not affiliated with Robinhood the company. On-chain data shows that CASHCAT surged 1,700% in 24 hours at its peak, reaching a $120 million market cap.
Beyond meme tokens, Robinhood Chain also hosts tokenized shares of US stocks, and the Jumper integration gives $INJ holders a direct route into that entire ecosystem. Injective is a layer-1 chain built specifically for finance, with a focus on decentralized trading, tokenization, and cross-chain interoperability. The aggregation layer identifies the most efficient path automatically, so traders no longer need to source a bridge separately before accessing Robinhood Chain tokens.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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PeckShield reported that an address tied to the Tectonic hack transferred 2,658.9 ETH, valued at $6.65 million, to Tornado Cash on September 3. The incident has drawn attention from exchanges and blockchain investigators, as the move represents one of the largest unrecovered sums following the Cronos network exploit on August 30.
Chain rollback leaves funds on Ethereum untouchedTectonic, recognized as the leading lending platform on Cronos, experienced a major security breach that prompted validators to halt the blockchain within hours. Cronos, a blockchain network built by Crypto.com, later announced the restoration of block production from block 90,896,189, rolling the chain back to just before the hack.
Though the rollback reversed nearly all funds connected to the attacker within the Cronos chain, it could not reclaim assets already bridged to Ethereum. Approximately $74 million in stolen funds were traced by PeckShield across three addresses. Of this amount, $60 million remained in one Cronos wallet, $8 million in a second, and $6 million on Ethereum.
Independent data showed the Ethereum balance at 2,592.2152 ETH, or $6.29 million, after the incident. According to TRM Labs, the attacker moved stolen funds initially using USDC, then converted them into roughly 2,500 ETH.
On-chain researchers, including Weilin Li, used $75 million as the estimated total loss, while archive-node analyses suggested that up to $119.5 million may have been impacted if contracts deployed by the attackers before the exploit are included.
SourceTotal Stolen ($ Million)Funds on Cronos ($ Million)Funds on Ethereum ($ Million)PeckShield74686TRM Labs / Weilin Li75UnspecifiedUnspecifiedArchive-node analysis119.5Includes contractsIncludes contractsPrice manipulation triggers catastrophic lossesSecurity firm TRM Labs explained that the attacker exploited TONIC, the native token of Tectonic, which had only $305,000 in weekly trading volume prior to the incident and a 20% collateral ratio. Halborn, a blockchain security company, found that the hacker artificially inflated the price of TONIC by nearly 100 times within 20 minutes, then used the overpriced token to borrow high-value assets from nine lending platforms.
Subsequent investigations revealed a second attacker’s wallet, raising the lost value estimate from $66 million to $75 million. The hack caused Tectonic’s total value locked (TVL) to plummet from $121.7 million to just $3 million, as tracked by DeFiLlama.
The attack on Tectonic hollowed out the platform, with TVL plunging more than $118 million within hours.
Tornado Cash remains the key laundering avenueWhile the $6.65 million transacted via Tornado Cash represents a smaller portion of the overall exploit, the transaction route stands out due to Tornado Cash’s continuing role in crypto money laundering. TRM Labs documented that Tornado Cash received over $700 million in 2026 through June alone, making it the largest mixer protocol on Ethereum networks.
Besides being used to conceal illicit transactions, Tornado Cash has also supported legitimate privacy needs. The US Treasury removed the protocol from its sanctions list on March 21, 2025, but it remains under close watch for its role in facilitating major attacks.
The Cronos network’s rollback sparked a discussion about blockchain finality. Halborn emphasized that rolling back the chain limited losses but also undermined confidence in ledger immutability. Amid this uncertainty, CRO, Cronos’s native token, lost about 10% of its value in one day.
Mini dictionary: Tornado Cash, a decentralized privacy protocol on Ethereum, allows users to mix coins and obscure transaction trails, making it popular among both privacy advocates and cybercriminals seeking to launder assets.
Tornado Cash plays a pivotal role in laundering stolen cryptocurrency, remaining critically important to law enforcement, exchanges, and the wider crypto ecosystem.
Record rise in price-manipulation attacksThe Tectonic exploit mirrors a broader spike in price-manipulation attacks this year. PeckShield counted 50 major hacks in August alone, a 67% increase from July’s 30 incidents, though total losses decreased to $136.3 million from July’s $270 million. Among these, the Tectonic incident accounted for the largest loss of the month and ranked as the fourth-largest crypto theft in 2026.
TRM Labs has recorded 32 price-manipulation exploits so far in 2026, setting a new yearly record. Experts highlight that attackers often exploit low-liquidity tokens when protocols assign them significant collateral power, enabling rapid losses across protocols and networks.
The Tectonic case demonstrated how quickly such attacks can escalate, progressing from price manipulation to cross-chain laundering, and ultimately challenging the industry’s security and regulatory frameworks.
Aptos [APT] surged by more than 10% in the past 24 hours, at press time, with daily trading volume surpassing $109 million.
Apart from the technical breakout, the altcoin’s gains were being fueled by a continuous supply crunch since its fee switch. Here is how reduced supply influenced the rally:
Decoding Aptos token burns after the 10x fee increase In the past seven days, RWA net flows have driven Aptos’s network activity. In fact, Aptos ranked second with $145 million, closely behind Ethereum [ETH] at $149 million.
Additionally, the number of transactions and active addresses showed participants were returning to the chain. On the 3rd of September, Active Addresses were 57,047, while transactions surged beyond 16 million.
Source: DefiLlama From the activity data, the chain continues to accrue revenue, with average transaction fees standing at $0.0005 since the 10x fee increase.
These fees are used to buy back APT and burn them, reducing the circulating supply. That is, 1523K APT were permanently burned in the last 30 days, a total of 1.7 million tokens since mainnet. Hence, the annualized burn rate is 1.8 million tokens, as per Aptos’s post on X.
Can APT’s price hold its gains? On the charts, APT broke out for the second time from a descending trend channel. The altcoin had traded back into the pattern on the 25th of August after losing support at $0.576. It reversed at the mid-level of the channel, where it made a double bottom at $0.523.
Currently, APT is surging toward equalling August’s peak above $0.71. The RSI Divergence is supporting the projection, as it indicates bulls are still buying.
Source: APT/USDT on TradingView However, the Net Volume shows that about 340K APT were sold in the most recent session. This data hinted at weakening buyer momentum, even though the RSI was overbought.
Thus, a challenge existed at $0.65, which was a short-term resistance below $0.71.
What to expect from APT’s upcoming token unlocks? Meanwhile, stronger bearish signals from routine unlocks could add to the mid-selling pressure.
As per Tokenomist, about 11.31 million APT worth $6.88 million would be added to the circulating supply in a week’s time. This amount was equivalent to 0.65% of the released supply.
Source: Tokenomist Therefore, Aptos faces downside risk from the looming unlock, as this massive release dwarfs the small supply burned in a month.
Final Summary Aptos surged by over 10% as the altcoin priced in the burning of more than 152.9K APT tokens. APT broke out of the channel for the second time, but bulls are facing selling pressure in a week’s time.
Arbitrum (ARB), a leading Ethereum scaling solution focused on efficient layer-2 transactions, is showing renewed bullish strength as buyers defend recent gains and the ecosystem expands. Analysts point to growing adoption of real-world assets (RWA) on its network as a key driver of this momentum, while ongoing development across the platform could attract more institutional capital and liquidity.
Price action and technical outlookARB is currently trading at $0.1355, following a sharp 23.34% gain in the last 24 hours. The token’s daily trading volume stands at $506.36 million, with its market capitalization reaching $904.08 million. Recent price action indicates that ARB may be entering a bullish reversal pattern, suggesting optimism among traders and investors.
Crypto Patel, a prominent cryptocurrency market analyst known for technical insights, reported that Arbitrum has risen approximately 93% from a prior entry point identified during a period of weak sentiment. This move has drawn attention to the project’s improving technical structure, as buyers regained control following accumulation near recent lows.
After a recovery from the accumulation zone, renewed buying interest has shifted market sentiment in favor of ARB, with the structure showing potential for further upside if current trends remain intact.
Crypto Patel projected potential ARB price targets at $0.49, $1.20, $2.42, and levels beyond $5. However, he noted these are increasingly aggressive and not guaranteed endpoints. Despite the significant gains, some traders may consider taking partial profits or recovering their initial capital, but Patel maintains a bullish stance and expects further upside.
Network growth and RWA adoptionThe Arbitrum team reported that the market capitalization of real-world assets tokenized on Arbitrum has exceeded $1 billion. This milestone underscores the platform’s expanding role in digitizing traditional financial instruments and enabling blockchain settlement for both individual and institutional users.
The growing interest in bringing traditional assets onto the blockchain facilitates broader access to financial products, streamlined settlement processes, and increased programmability of financial assets on the network.
Recent growth in tokenized assets positions Arbitrum as a key player bridging legacy financial markets with decentralized finance (DeFi).
Mini dictionary: Real-world assets (RWA) refer to digital tokens on the blockchain that represent ownership of physical or traditional financial assets, such as stocks, bonds, real estate, or commodities. Tokenizing these assets allows for greater liquidity and automated settlement, and broadens access to investing in traditional markets via cryptocurrencies.
Market context and outlookBroader positive momentum in the crypto sector, aided by Bitcoin’s upward trajectory, has also contributed to ARB’s rising price. Large investors, often called whales, are reportedly accumulating ARB, a signal that market sentiment may continue to improve.
Looking ahead, the sustainability of Arbitrum’s rally will depend on its ability to retain this upward trajectory and consolidate a trend reversal. Traders are monitoring key resistance levels, while additional RWA adoption and overall ecosystem development could provide further demand support.
Further buying pressure in ARB may push prices towards new highs, particularly if broader crypto market conditions remain favorable and institutional participation grows.
Still, analysts emphasize that targets remain speculative. Price predictions are subject to change due to the high volatility in cryptocurrency markets.
TLDR: ARB price gained more than 50% in seven days and roughly 23% in 24 hours, while daily trading volume climbed above $500 million. ArbitrumDAO reported $6.19 million in first-half income from four revenue lines carrying a combined gross margin above 97%. Robinhood Chain generated $360,000 in July licensing fees, representing about 35% of ArbitrumDAO’s income for that month. Arbitrum’s tokenized real-world asset market reached $1 billion, while first-half network transactions totaled 478 million. ARB price traded near $0.136 on September 3 after gaining more than 50% over seven days. The token rose roughly 23% within 24 hours, placing Arbitrum among the week’s strongest performers.
The rally followed the Arbitrum Foundation’s first-half progress update. ArbitrumDAO recorded $6.19 million in income during the first six months of 2026. Separate July figures showed Robinhood Chain adding a new licensing stream after its mainnet launch.
Trading activity accelerated sharply with the move. Daily volume topped $500 million, around nine times the previous week’s daily average. Futures open interest climbed 35%, showing increased leveraged exposure alongside spot demand.
Arbitrum ARB Price ARB Price Gains Support From Expanding DAO Revenue The first-half update gives investors a clearer view of ArbitrumDAO’s finances. Its $6.19 million income came from four revenue lines carrying a combined gross margin above 97%. The figures show that network activity and commercial agreements can generate income beyond token market movements.
Robinhood Chain became an additional contributor after launching its mainnet in July. The network uses Arbitrum technology through an expansion program. Participating chains return 10% of net protocol revenue to the Arbitrum ecosystem under that arrangement.
Robinhood Chain generated $360,000 in licensing fees during July, its first mainnet month. That payment represented about 35% of the DAO’s income for the month. The Foundation said July income alone put third-quarter revenue on course to exceed second-quarter revenue by more than 40%.
The deployment also recorded much heavier activity than Arbitrum One during one cited 24-hour window. Robinhood Chain processed $1.43 billion in decentralized exchange volume and generated $3.75 million in fees. Arbitrum One recorded $193 million in volume and about $14,700 in fees during the same period.
ARB price rose while those commercial figures attracted wider market attention. The move also came with a sharp increase in turnover. Higher open interest shows traders added futures positions, although it also raises the market’s exposure to liquidations during sudden reversals.
Arbitrum RWA Growth Strengthens Its Tokenization Position Arbitrum’s tokenized real-world asset market reached $1 billion, expanding the network’s role in blockchain-based finance. The ecosystem ended the half with more than 2,000 deployed RWA assets, ranking first by asset count. Ethereum continued to lead the sector by total value locked.
Tokenized assets use blockchain rails to represent instruments such as funds, bonds, and equities. Their deployment can expand settlement options while connecting traditional products with decentralized infrastructure services.
Broader network usage also expanded during the period. Arbitrum processed 478 million transactions in the first half, lifting lifetime transactions above 2.7 billion. Average monthly stablecoin transfer volume surpassed $70 billion, another measure of settlement activity across the ecosystem.
These network measures provide fundamental context for the ARB price recovery. They do not guarantee that fee income will create direct token demand. Traders still need to assess whether activity, DAO revenue, and ecosystem adoption translate into sustained buying pressure.
Crypto analyst Crypto Patel says ARB had recovered from an earlier entry zone. The analyst identified possible levels at $0.49, $1.20, $2.42, and above $5. Those figures represent an individual forecast rather than confirmed targets.
Source: Crypto analyst Crypto Patel The near-term ARB price structure depends on buyers holding the recent advance after a fast weekly move. Profit-taking could increase after the 50% gain, especially with futures exposure growing. Continued volume would help show whether demand can absorb sales without erasing the breakout.
ARB price also remains more than 95% below its 2024 all-time high. That distance gives the $5 projection important context, since reaching it would require a substantial revaluation. At the reporting time, ARB traded near $0.136 with circulating supply around 6.68 billion tokens.
Arbitrum’s native token, ARB, climbed more than 50% over the past week, reaching approximately $0.136 on September 3. This rapid appreciation placed ARB among the strongest performing cryptocurrencies for the week, with the token also rising nearly 23% within a 24-hour period and daily trading volume exceeding $500 million.
DAO financials and new revenue streamsThe significant rally in ARB followed the release of a first-half progress update from ArbitrumDAO, a decentralized autonomous organization that governs the Arbitrum ecosystem. According to the update, ArbitrumDAO generated $6.19 million in income during the first six months of 2026, deriving revenue from four sources and achieving a combined gross margin above 97%.
July marked the inclusion of Robinhood Chain as an additional revenue contributor. Robinhood Chain, owned by financial technology company Robinhood, launched its mainnet that month as part of a technology expansion utilizing Arbitrum’s infrastructure. Under current arrangements, participating chains are required to return 10% of their net protocol revenue to the Arbitrum ecosystem.
In its first month, Robinhood Chain generated $360,000 in licensing fees, which represented roughly 35% of ArbitrumDAO’s income for July. The Arbitrum Foundation stated that July’s income alone set third-quarter revenue on track to exceed second-quarter revenue by more than 40%.
Robinhood Chain’s launch boosted July licensing fees to $360,000, accounting for about 35% of the DAO’s income that month and signaling stronger network monetization.
Robinhood Chain also recorded higher activity compared to Arbitrum One during a highlighted 24-hour window, processing $1.43 billion in decentralized exchange volume and generating $3.75 million in fees. In the same period, Arbitrum One reported $193 million in trading volume and about $14,700 in fees.
As these new commercial figures drew market attention, ARB’s price and trading activity accelerated. Futures open interest increased by 35%, indicating heightened leveraged trading alongside expanding spot demand.
Growth in tokenized assets and network activityArbitrum has also become a leading platform for tokenized real-world assets (RWAs), surpassing $1 billion in RWA market value and reaching more than 2,000 deployed RWA assets in the first half of 2026. While Arbitrum leads in asset count, Ethereum continues to dominate by total value locked in this sector.
Tokenized real-world assets place traditional instruments such as funds, bonds, and equities onto blockchain networks, offering more diverse settlement mechanisms and connecting conventional finance with decentralized platforms.
Mini dictionary: Real-world asset (RWA) — A type of financial product that represents tangible assets like real estate, government bonds, or company shares using blockchain-based tokens. RWAs aim to bridge traditional finance with decentralized finance by bringing off-chain value onto blockchain networks.
Broader ecosystem activity also increased, with Arbitrum processing 478 million transactions in the first half of 2026 and lifetime transaction totals exceeding 2.7 billion. Monthly stablecoin transfer volume averaged above $70 billion during this period.
MetricArbitrumEthereumRWA market value$1 billionLeads by TVLDeployed RWA assets2,000+Lower asset countTransactions (H1 2026)478 millionN/AAnalysts cautioned that while these fundamentals provide context for ARB’s price movement, they do not ensure fee income will translate directly into token demand. Market participants must consider whether increased activity and ecosystem growth can sustain longer-term buying pressure on ARB.
Analyst perspectives and market risksCrypto Patel, a well-known cryptocurrency analyst, suggested that ARB’s recent rebound occurred following a prior accumulation phase. The analyst highlighted potential price levels at $0.49, $1.20, $2.42, and above $5, but stressed these were personal forecasts and not confirmed targets.
The short-term outlook for ARB relies on buyers maintaining recent gains after a sharp rally. The increase in futures trading also raises exposure to potential liquidations if the market reverses. Ongoing high trading volume will signal whether demand can absorb profit-taking without undoing the recent breakout.
Recent gains place ARB more than 95% below its 2024 all-time high, so calls for a move to $5 require significant further appreciation given the current price near $0.136 and circulating supply of around 6.68 billion tokens.
The crypto industry today is almost unrecognizable from 7 years ago, both in size and scale. Just for decentralized exchanges (DEX), trading volume grew roughly 9,260x from 2019 to a record $4.7 trillion in 2025. In 2026, however, activity moderated to $1.63 trillion year-to-date.
It’s not down to one chain or sector. Liquidity is now distributed across more blockchains, venue types, protocols, and execution environments, without one clearly replacing the others.
SwapSpace recently published its State of Crypto Swaps 2026 report, which shows the massive extent of this growth. One of the clearest findings comes from its own platform data. Over 90.12% of its users interacted with more than one blockchain network in 2026.
At the same time, survey respondents did not identify DEXs, CEXs, or aggregators as universally offering the best rates.
The findings clearly show that the market today offers more execution options, and no single venue, network, or liquidity source dominates every transaction.
DEX Trading Volume Hit a Record High in 2025. Source: SwapSpace
90% of SwapSpace Users Are Multichain
SwapSpace is a crypto exchange aggregator that lets users compare rates across different swap services and exchange different crypto through a single interface. So, the platform has a notable vantage point of how users today interact across different chains.
Among SwapSpace users, multichain activity is not marginal. Between 2022 and 2026, the share of users interacting with more than one network ranged from 72.50% to 93.66%.
It reached its lowest point at 72.50% in 2024, before rising to 90.12% in 2026. Even at the low point of the observed period, nearly three-quarters of users interacted with more than one blockchain.
These figures provide a platform-level view of how users operate in a market where assets and liquidity are spread across multiple networks.
The broader DEX market shows a similar redistribution of activity. According to DeFiLlama data cited in the SwapSpace report, Ethereum accounted for 46.2% of global DEX volume in 2021, while BNB Chain represented another 39.6%.
By 2025, Ethereum’s share was 19.3% and BNB Chain’s 15.3%, while Solana accounted for 33.3% and other chains collectively represented 32.1%.
Global DEX volume share by blockchain, 2021 vs. 2025. Source: DeFiLlama, cited in SwapSpace’s State of Crypto Swaps 2026.
SwapSpace’s internal activity data shows a similar lack of a permanent leader. Ethereum led platform activity from 2020 through 2024, Solana moved into first place in 2025, and BNB Chain led in 2026.
Taken together, the data shows that multichain activity is taking place in a market where liquidity leadership continues to shift between ecosystems.
Leading networks by share of SwapSpace activity, 2019, 2025 and 2026. Source: SwapSpace internal data.
Fragmentation Does Not Stop at the Blockchain Level
The multichain picture captures only one layer of fragmentation. Liquidity is also distributed within individual blockchain ecosystems. The report cites DeFiLlama tracking of around 1,950 protocols on Ethereum, more than 1,200 on BNB Chain, and more than 1,000 each on Arbitrum and Base.
Those protocols can contain different pools, assets, and execution mechanisms. A user operating on Ethereum, for example, is not necessarily accessing one unified liquidity environment.
That creates two layers of complexity: liquidity is distributed between blockchain ecosystems and again between protocols and pools within them.
The distinction matters because the number of possible execution paths can expand even without adding another network. A transaction may involve not only choosing a chain, but also navigating several potential sources of liquidity within that chain.
In that sense, describing the market as simply “multichain” understates how fragmented the execution layer itself has become.
DEX Growth Has Produced a Hybrid Market
DEX trading has grown sharply, but it has not replaced centralized exchanges.
After reaching a record $4.7 trillion in 2025, DEX activity remains significant in 2026, even as the broader crypto market has cooled. Centralized exchanges still handle most spot trading, while DEXs are gaining ground in areas such as perpetual futures.
The result is a more hybrid market. Traders now move between centralized and decentralized venues depending on liquidity, asset availability, transaction size, and market conditions. Crypto trading is becoming more fragmented rather than shifting toward one dominant model.
Best Rate Still Matters — But It Is Not the Only Variable
Price remains central to how users evaluate swaps. Based on the report’s latent class analysis, SwapSpace estimates that 61.86% of survey respondents valued best rate, compared with 52.51% for multichain access and 39.91% for support for rare tokens.
The differences become clearer across user segments. Among crypto-native power users, 97% valued multichain access, 91% best rate, and 87% rare-token support. Traders and business users placed the greatest emphasis on best rate at 88%, while 61% valued multichain access and 52% rare-token support. Mainstream generalists were more balanced, with 76% valuing both best rate and multichain access.
Exchange feature preferences by user segment, 2025. Source: SwapSpace survey.
The figures suggest that price remains important, but users can evaluate a transaction through several variables at once. The quoted rate may matter alongside access to a particular network or asset.
The same ambiguity appears when respondents are asked which venue type offers the best rates in their experience. Answers were distributed across DEXs, CEXs, aggregators, and “depends on the situation,” with no single category emerging as an overwhelming choice.
SwapSpace’s provider data adds another layer of context. Among users who completed at least two exchanges, 70% selected a different liquidity provider for their next transaction, while 30% returned to the same one.
The findings suggest that “best” can be transaction-specific rather than a permanent property of one venue or provider.
Swaps are Serving More Than Trading
The survey also shows that crypto swaps take place in different contexts.
Receiving funds and personal payments were the most common reported crypto use cases among respondents, followed by short-term and long-term trading, while business payments ranked lower.
When respondents were asked which additional platform capabilities they valued, payments for goods and services ranked highest, followed by cashback and automatic swaps. Fiat withdrawal, Telegram functionality, and lending and borrowing ranked lower.
Transaction triggers were similarly varied. Sudden price movements and portfolio rebalancing were the leading triggers for swaps, while news and emergency needs also appeared and influencer signals ranked last.
These findings mean that the same exchange infrastructure can support different objectives, from responding to price movements and managing a portfolio to receiving funds or making payments.
That also means execution requirements are not necessarily identical across transactions. A trader reacting to a sudden market move may prioritize different conditions from someone exchanging assets as part of a payment.
Most users switch between different exchanges for their next swap
Intent-Based Execution Moves Complexity Behind the Interface
One emerging response to this fragmented environment is intent-based execution.
Instead of choosing an exchange, blockchain, or trading route, users simply state what they want to achieve. Competing systems then find a way to complete the trade.
Platforms such as UniswapX, 1inch Fusion, and NEAR Intents already use versions of this model. As crypto liquidity spreads across more venues and networks, this approach could make trading easier by moving routing decisions into the background.
The market can stay fragmented while the user experience becomes much simpler. But that means more of the complexity has to be handled behind the scenes.
How platforms handle that complexity may differ. Intent-based execution is one approach, but not the only one. Ultimately, what matters is whether users can access the networks and liquidity they need without having to navigate the underlying complexity themselves.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
As prediction markets gain traction, more businesses are looking to add forecasting tools to their existing apps. Gate, a Panama-based cryptocurrency exchange, is seeking to meet that demand with infrastructure that lets companies integrate those features into their own products. Launched in August, the service is open to brokers, Web3 applications, and trading platforms alike. The product, called Event Contracts Builder, is part of Gate’s decentralized-exchange infrastructure platform, Gate DexBuilder.
“These companies can quickly integrate prediction market functionality [and] not have to spend a ton of tech resources … to build the entire infra behind it,” Jason Fung, head of Gate DexBuilder, told Fortune.
The exchange’s expansion comes amid an explosion in the popularity of prediction markets. These platforms, which allow bettors to place wagers on virtually everything, are serving as a new way to gauge public sentiment. Kalshi and Polymarket dominate the industry, and consumer-facing businesses have begun incorporating their market data and event contracts into their own products.
Gate itself first entered that ecosystem as a Polymarket partner. Earlier this year, the exchange integrated Polymarket Builder, a tool that lets exchanges and apps offer Polymarket’s existing prediction markets within their own products. Fung said Gate was the first exchange to integrate it. That experience helped shape Gate’s own offering, and inspired it to compete with its former partner.
Besides the Event Contracts Builder, Gate has launched a $3 million grant program to support companies developing event contract products. Fung said the funding comes entirely from Gate and can help cover development costs. Selected builders may also receive technical assistance, marketing support, and media promotion. The program is still in its early stages, and Gate is reviewing its first group of applicants.
From gaming to crypto Before crypto, Fung started his career in media and entertainment, with a focus on gaming. During that period, he lived in Canada and held roles at organizations including media and technology company BroadbandTV and e-sports website Azubu. Fung later moved to China and spent five years working for tech giants like Alibaba and ByteDance, where he worked on TikTok Global.
He eventually entered the crypto space during the ecosystem’s 2021–22 boom and bust period, and pursued what he now regards as short-lived Web3 narratives. Exhausted by that experience, Fung transitioned to more established roles, working for the layer 1 Sei Foundation and then AP Finance, the U.S. arm of centralized exchange Bybit.
In July, Fung joined Gate to further expand the globally distributed exchange. Though remote, the 13-year-old company operates hubs in Hong Kong, Japan, Dubai, and Malta, alongside its North American entity, Gate U.S.
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SUI rebounded strongly on September 3, 2026, after a period of weakness in late August. Analyst Ali Martinez flagged a potential reversal signal, while Kravata, a regulated stablecoin payments provider, launched a new Sui-based payments system for its Latin American customers.
SUI price surges on renewed volumeAt the time of reporting, SUI was trading at $0.7668, representing a 7.54% daily increase. The trading volume also showed a significant rise, climbing by 49.43% within a day to reach $578.04 million. Over the past week, SUI gained 0.56%, according to data from CoinMarketCap.
This renewed activity comes as traders and analysts highlight technical and fundamental factors supporting the latest move.
Technical indicators and analyst outlookAli Martinez pointed to a TD Sequential “9” bullish pattern on SUI’s daily chart, noting that it signaled a possible trend reversal after a phase of persistent declines. The indicator, commonly used to assess trend exhaustion, appeared as SUI found support between $0.70 and $0.72 following the August correction.
The TD Sequential indicator identifies potential reversal points after a prolonged price move. A “9” setup can suggest that selling pressure is waning, but a confirmed uptrend requires further price action and momentum.
Buyers repeatedly stepped in around the $0.70 support area, helping to stabilize SUI and limit additional declines. Martinez noted that the next phase may see a recovery spanning one to four daily candlesticks, depending on market dynamics.
Sustained accumulation in the $0.70 to $0.73 range could drive SUI’s price higher, with targets at $0.79 and $0.85 if support holds, according to analyst BitGuru.
A close below this support would weaken the recovery trend, with volume and a break above resistance levels still needed for stronger bullish confirmation.
IndicatorCurrent ReadingResistance/TargetPrice$0.7668$0.79 / $0.85Support$0.70 – $0.73Volume$578.04 millionMomentum indicators and ecosystem developmentTradingView data showed the Relative Strength Index (RSI) at 55.62, holding above the neutral 50 level but below the moving average of 56.69. While this level does not indicate overbought conditions, it suggests moderate bullish momentum for SUI.
The Moving Average Convergence Divergence (MACD) line registered at 0.0089, slightly below the signal line of 0.0115, with a histogram value of -0.0026. This points to lingering short-term bearish pressure on the daily chart.
On the ecosystem front, Kravata announced its regulated stablecoin payments infrastructure is now live on Sui. The Latin America-focused company stated on September 2, 2026, that its solution enables approximately five million customers to perform stablecoin transactions, make payments, and manage global wallets—all with zero gas fees and settlement within seconds.
Mini dictionary: Kravata, a regulated stablecoin protocol, provides digital payment solutions tailored for the Latin American market, allowing users to conduct stablecoin transactions and manage digital wallets with no transaction fees.
Sui’s official account also highlighted the instant settlement capabilities and integration for Latin American users, boosting regional adoption and creating new payment use cases for SUI.
Sui’s official post indicated that Kravata now offers regulated stablecoin infrastructure for Latin America, enabling instant money transfers, payouts, and global accounts with zero gas fees for five million users.
Observers indicate that this integration could strengthen SUI’s use case as it attempts to maintain its price recovery. Market participants are closely watching key support areas, volume, and resistance zones for the next move.
@FlareNetworks has secured a spot on DefiLlama's investor relations platform, with the analytics provider publishing a dedicated dashboard for the network on Thursday. The page was vetted by DefiLlama's research arm and arrives roughly four months after Flare's landmark governance proposal, FIP.16, passed a community vote.
What the Dashboard Shows According to figures cited by @FlareNetworks, the dashboard puts chain total value locked (TVL) at $129M against $355.54M in bridged assets. Burns are running at 1.64% of emissions over a 30-day period, with net inflation of 197.11M $FLR.
, and its investor relations product is designed to give protocols a clean, verified hub for dashboards, reports, and data. , keeping the figures independent from broader rankings and discovery pages.
Context: FIP.16 and the FLR Tokenomics Overhaul
The burn rate visible on the new DefiLlama dashboard will give investors a real-time way to track how those mechanics are playing out on-chain.
The listing is a credibility marker for the network, placing Flare alongside other protocols that have secured vetted dashboards on the platform, including Spark, Sonic, NEAR, and THORChain.
Sources:
DefiLlama Investor Relations Platform
FIP.16 Governance Proposal, Flare Network
Flare Begins Voting on FIP.16, Crypto Times
Qianwen Office has surpassed 30 million users just one month after its launch, having completed 120 version updates.
Beating AI Express (Dongcha) News: Alibaba Cloud announced in a post that its Qianwen Office has reached a one-month milestone since launch, with over 30 million office users, more than half of whom are enterprise users. Qianwen Office has maintained high-frequency iterations over the past month, rolling out a total of 120 version updates (averaging 4 iterations per day) and adding over 1,000 features. Its international version is also now live. Qianwen Office has open-sourced its context base, the enterprise context infrastructure MyContext, which converts massive heterogeneous work data into contexts directly callable by Agents. Just weeks after its open-source release, MyContext has earned over 3,000 stars on GitHub. Integrated with deep connectivity to instant messaging (IM) tools like DingTalk, Qianwen Office can convert enterprise information scattered across business processes—including messages, documents, approvals, emails, and knowledge bases—into organizational contexts that Agents can understand and utilize. A simple command in DingTalk enables Agents to query customer data, check inventory, and provide recommendations across CRM and ERP systems. Together with the Qianwen large language model (LLM) team, Qianwen Office has launched the office-exclusive version Qwen3.8-Flash, which has been specially optimized for multi-step planning, tool selection, and context compression. It further enhances throughput efficiency via inference optimization and a customized Harness architecture. In real office scenarios, the generation speed of individual tasks has improved by roughly 100%, with token consumption reduced by an average of 75%.
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Crypto meme project MEME’s market cap briefly tops $11 million, surging over 600 times in 24 hours.
According to GMGN data, the crypto-stock meme project MEME on Robinhood Chain saw its market capitalization briefly surge past $11 million to a new high, currently trading at $11.2 million. The token has rallied over 600 times in 24 hours, with a trading volume of $7.8 million. MEME is paired with tokenized U.S. stock AMC Entertainment (the U.S. theater chain), under the ticker AMC. Additionally, another crypto-stock meme project CINEMA on Robinhood is also paired with AMC, making the two tokens liquidity competitors. BlockBeats Note: Crypto-stock meme (Stock Meme) is an emerging concept that combines traditional meme coins with tokenized U.S. stocks: instead of pairing with USDT or ETH, meme coins are directly matched with on-chain U.S. stock tokens (such as NVDA, TSLA, AAPL, etc.). This model retains the high volatility and community-driven speculative traits of meme coins while leveraging the popularity and narrative of real stocks. Part of transaction fees often flows back to the community treasury to accumulate corresponding U.S. stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". Note: Price fluctuations are significant, invest with caution.
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Robinhood CEO: "It all started with serving a new generation of first-time investors."
Robinhood CEO Vlad Tenev stated: "Robinhood originally launched to serve a new generation of first-time investors. Today, this client base is accumulating wealth, and their financial needs have grown accordingly. Just weeks after rolling out Trust Accounts, client deposits have surpassed $150 million, with an average account size of roughly $500,000. We aim to accompany and serve them throughout their entire financial lifecycle."
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Former OpenAI CTO Mira Murati’s startup Thinking Machines has surged to a $40 billion valuation in less than two years since its founding.
Beating AI News reports that Thinking Machines Lab, founded by former OpenAI CTO Mira Murati, is in talks for a new financing round. The company plans to raise at least $10 billion, with a pre-money valuation of no less than $40 billion. Existing investor Accel is in discussions to lead the round, while Nvidia is also considering participating in the deal, which has not yet been finalized. This valuation is significantly higher than the previous round: when Thinking Machines raised $2 billion last year, its pre-money valuation stood at $10 billion, with a post-money valuation of $12 billion. Calculated on the same pre-money basis, the new round’s valuation is at least four times that of over a year ago. Notably, the company had sought a valuation of more than $50 billion at the end of last year, a target it has since lowered. Thinking Machines has also begun generating substantial revenue, with annualized income of at least several hundred million dollars. Revenue primarily comes from Tinker, a platform where customers pay to access its computing power and tools to fine-tune AI models on their own data. The firm’s first self-developed open-weight model, Inkling, has also been integrated into Tinker. This year, Thinking Machines signed a long-term computing power partnership with Nvidia, planning to deploy at least 1GW of the Vera Rubin system, with Nvidia making an additional investment. The new financing round will be used for model training, server leasing, and talent recruitment.
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Meme coin CINEMA briefly hit a market cap of over $12 million before falling back to $4 million, surging more than 10-fold in 24 hours.
According to GMGN data, the stock-meme project CINEMA on Robinhood Chain briefly surged past $12 million in market cap to a new high before quickly retreating to $4 million. The token has rallied over 10-fold in 24 hours, with trading volume reaching $6.5 million. CINEMA is paired with tokenized US stock AMC Entertainment (the American theater chain), under the ticker AMC. BlockBeats Note: Stock Meme is an emerging concept that merges traditional meme coins with tokenized US stocks. Instead of pairing meme coins with USDT or ETH, they form trading pairs directly with on-chain US stock tokens (e.g., NVDA, TSLA, AAPL). This model retains meme coins’ high volatility and community-driven speculative traits, while tapping into the popularity and narrative of real stocks. Typically, a portion of transaction fees flows back to the community treasury to accumulate the corresponding US stock tokens, forming a dual-driven model of "sentiment hype + real asset anchoring". Prices are highly volatile, so investors should exercise caution.
1 seconds ago
Robinhood CEO: It first started serving a new generation of first-time investors.
Robinhood CEO Vlad Tenev stated: "Robinhood originally launched to serve a new generation of first-time investors. Today, these customers are steadily building wealth, and their financial needs have grown accordingly. Just weeks after rolling out Trust Accounts, client deposits have surpassed $150 million, with an average account size of roughly $500,000. We aim to accompany and serve them throughout their entire financial lifecycle."
