Three major altcoins—NEAR Protocol, Zcash (ZEC), and BNB—are triggering bearish technical indicators, putting key support levels under close scrutiny. Market voices have underlined a series of technical sell signals, sparking renewed market caution as these assets approach crucial price thresholds.
Technical signals heighten caution on NEAR, Zcash, and BNBMarket analyst Ali Charts identified recent sell signals across the three tokens by employing the TD Sequential, Parabolic SAR, and SuperTrend indicators. Historically, such signals have coincided with significant corrections, though this does not guarantee similar outcomes going forward.
NEAR’s weekly TD Sequential recently produced a sell indication. In a comparable past setup, NEAR experienced a 32% drop. The token has already declined 24%, with the $4.30 support level now seen as pivotal. A move below this point could open the door to $3.76.
Market participants are now watching whether NEAR can stabilize above $4.30 or if a breakdown could lead to a deeper fall toward the $3.76 area, given that the last TD Sequential sell signal resulted in an over 30% correction.
Analyst Giannis Andreou pointed out that NEAR broke above a multi-year descending trendline tracing back to its 2022 peak. This breakout led to a rally toward $6. He regards the $3.73 level as crucial for buyers, while $7.60 emerges as the next resistance if support holds. The $9 region is highlighted as the neckline of a potential double-bottom structure; a confirmed breakout there could reinforce optimism for targets up to $20.59, while a loss of $3.73 would weaken the bullish argument.
For Zcash, the Parabolic SAR indicator flipped bearish, as its dots shifted above the price. The last instance preceded a 54% correction. ZEC has already dropped 25%, with $1,100 and $850 now considered key support zones. Analyst Ardi described the current pullback as mean reversion after an overheated rally towards $1,600, suggesting that price may revert closer to historical averages before stabilizing or potentially rebounding.
BNB tests major support as trading volumes slipBNB has also issued a sell signal, this time via the daily SuperTrend indicator. In earlier cases, this signal aligned with a 26% correction; BNB has so far edged down 8%. Ali cited $710 as the immediate support, with $680 serving as the next key level if sellers gain momentum.
Recent CoinGecko data lists BNB at $713.73, reflecting a 0.98% 24-hour decrease and a 4.67% decline over the past seven days. The 24-hour trading volume has fallen to $504.96 million, underscoring the cautious climate surrounding the token.
Technical analyst Don Wedge noted a falling wedge pattern in BNB’s daily chart since its $1,370 peak. Strong selling emerged near the $800 boundary, and price settled near $730. The lower boundary of the wedge is at $540, with a breakout above the upper trendline targeting $1,601.
For BNB, the critical focus is on whether buyers can defend $710, as a break could set the stage for an extended decline toward $680 or even lower boundaries within the current pattern.
Signals from technical models suggest a cautious stance, with actual support breakdowns likely to weigh more heavily on trader sentiment than the indicators themselves. Holding current supports could limit additional losses, while confirmed breaches may accelerate declines.
Meme token activity and investor tracking take spotlightAlongside close attention to critical levels and market structure for NEAR, ZEC, and BNB, the meme token sector continues to attract traders seeking rapid gains. In this space, tracking which assets investors select, as well as precise timing, remains essential for identifying opportunities.
Fomo App reported a notable case involving the meme token “Niu Lai,” where an initial $99 investment ballooned to roughly $370,000. Such sharp surges underscore the unique dynamics within the meme token ecosystem. Fomo App enables users to discover and trade tokens on one platform, integrating social feeds, investor rankings, and trade alerts for better tracking of market trends and investor moves.
With sentiment data and technical models both drawing attention to downside risks for several major tokens, vigilance in both price movements and investor behavior appears increasingly important. The ensuing period is likely to see intensified focus on established support levels and the evolving activity within meme tokens.
When crypto exchange FTX went up in flames in 2022 it lost billions of investors’ money and forever altered the public’s view of digital currencies.
It quickly emerged company CEO and Effective Altruist Sam Bankman-Fried had illegally moved billions from the exchange to prop up his hedge fund, run — at least on paper — by his one-time girlfriend and co-worker Caroline Ellison.
The incident has been made into new Netflix show “The Altruists,” billed as “a toxic love story inspired by a real fraud” which has appalled and gobsmacked those who had a ringside seat to the collapse.
Julia Garner and Anthony Boyle as Caroline Ellison and Sam Bankman-Fried in Netflix’s “The Altruists.” Former FTX staff say the real pair “barely spoke to each other at the office.” Netflix FTX’s former chief operating officer, Constance Wang, says trying to portray what happened through the lens of a love story is laughable.
“[Bankman-Fried’s] entire goal was to change the world, make an impact, do good. Love, relationship, family seemed a bit secondary to him.
“The ‘Me and you against the world’ romantic thing? No f—ing way,” Wang told The Post in her first exclusive interview about FTX’s fall.
Wang is even a character in the show, played by Madison Hu, but couldn’t even get through the trailer when a friend showed it her over breakfast. “I literally physically threw up because it just made me feel so uncomfortable,” after about 40 seconds, she said.
She also slams the romance storyline at the center of the show as laughable.
“For the longest time in the company we did not know they were dating, and we did not know Sam was capable of dating at all, because he was working all the time,” Wang said.
Constance Wang, FTX’s former COO, at the New York Stock Exchange at the height of the crypto boom. She says nobody from Netflix’s new series ever asked her what really happened. Courtesy of Constance Waing
Netflix bills “The Altruists,” as “a toxic love story inspired by a real fraud.” Netflix “I had a group chat with some of my close employees, and I was shocked. I was like, ‘Do you guys know this?’ They were like, ‘No. We thought you knew?’”
The show charts SBF, Ellison and their followers through their ill-fated journey to revolutionize the financial system along idealistic Effective Altruist lines, supposedly using their money and intelligence to make the world a better place.
However, SBF bought $35m party home in the Bahamas and took $8 billion of FTX investors’ money to use in Alameda Research, causing the whole project to collapse. As federal law doesn’t make allowances for people who claim they will do good later, he’s now serving a 25-year sentence for fraud and money laundering.
Constance Wang speaking for FTX at a crypto conference. She joined in early 2019 and went on to run its global growth. Courtesy of Constance Waing Wang said she went to a couple of Effective Altruist parties thrown by SBF and the movement — also at the center of AI company Anthropic and other tech giants — wasn’t for her.
“They are really smart people. They talk about math, physics, biology. If it’s a dinner gathering on a Friday or Saturday evening, I would prefer more relaxed topics. But for them, those are their relaxed topics.
“You can hang out once, twice. But for a long time, it becomes hard.”
At the center of the operation were around 10 people who lived in the Bahamas with SBF and Ellison and were “all paired up in romantic relationships with each other,” at one point, according to industry news site Coindesk.com
Bankman-Fried asleep on the office floor while staff kept working around him. ‘He was working all the time,’ former staff said. Courtesy of Constance Waing Ellison — who was also federally prosecuted after the collapse — claimed she had been polyamorous in since-deleted Tumblr post from 2020, writing: “When I first started my foray into poly, I thought of it as a radical break from my trad past. But tbh I’ve come to decide the only acceptable style of poly is best characterised as something like ‘imperial Chinese harem.’”
Such salacious behavior was never witnessed by Wang. “I honestly did not know the word ‘orgy’ until I saw it in an article,” she said. “I had to Google it.”
Instead, she claims “the company was a bunch of nerds” and parties she attended were mostly filled with “chess and board games.”
Caroline Ellison leaves Manhattan federal court after testifying against Sam Bankman-Fried in October 2023. In her diary, she worried their on-again, off-again romance was ‘causing drama’ at the company. Gregory P. Mango It’s unclear which version of the parties Netflix — who did not respond to a request for comment — has dramatized in its series, but Wang claims from what she’s seen they’ve already taken significant artistic liberties.
She noted the SBF she knew could barely hold another person’s gaze — in stark contrast to the confident hustler in the trailer for “The Altruists,” played by Anthony Boyle.
“When I first met Sam in 2018 in Singapore, he was entirely incapable of looking at people’s eyes when talking to others,” she said. “He would look at the floor and then he’d shake his legs.”
Bankman-Fried leaves Manhattan federal court in June 2023, months before he was convicted of fraud. When Wang first met him in 2018, she says, he couldn’t look people in the eye. Alec Tabak for NY Post Ellison, portrayed by Julia Garner on-screen, appears somewhat forward and aggressive in the trailer, but was “gentle” and “soft-spoken” in real life, Wang said. “She’s never aggressive. If you ask her a question, she will take a split second to think, and then start talking.”
Quinn Li, a former FTX marketing manager who also moved to the Bahamas to work alongside SBF thought the trailer was “very, very bad.”
“It brings in so much romance and emotional drama, when there really wasn’t much of that. The reality is that everyone was a very rational person,” Li told The Post.
“In the trailer, I didn’t see how smart Sam was, or how smart Caroline was. It looked like two silly cats in love.”
Julia Garner as Caroline Ellison in ‘The Altruists.’ Wang says the real Ellison was ‘gentle’ and ‘soft-spoken,’ and ‘never aggressive. Netflix Wang recalled the fateful night in November 2022 when the exchange crashed. Triggered by Binance founder Changpeng Zhao saying he would dump his FTX tokens, customers pulled about $6 billion from the exchange in 72 hours.
Wang ran the VIP team that handled the biggest traders, and she said the word from the top was to stay calm.
“The internal message we got from Sam is, ‘Let people withdraw. We’re fine,'” she said.
Constance Wang, with Bankman-Fried and FTX colleagues, on her first grocery run in the Bahamas in October 2021. Courtesy of Constance Waing Some loyal customers even put their money back in. “No one, including me, doubted what Sam was telling us, because we had this deep, deep trust in him,” Wang said.
When withdrawals stopped going through, “we were told, ‘Oh, it’s because the system has some problems. Please tell people to be patient. We are fine.'”
Then, around 3 a.m., SBF finally admitted why withdrawals had been stuck.
“He said, ‘We do not have enough money to meet all the withdrawals on the exchange,'” she said. “I just bounced from my bed. I was in shock. I was shaking.”
SBF invited Wang to the company’s “war room,” where she found him, Ellison, co-founder Gary Wang and engineering chief Nishad Singh.
Ex-FTX COO Constance Wang learned the exchange was out of money from a 3 a.m. message from Sam Bankman-Fried in November 2022. Courtesy of Constance Waing “That was the first time I saw a spreadsheet laying out how much FTX was in the hole. I think $8 billion. And I was shocked. I was like, ‘How? How could this happen?'”
The crash came at great cost to everyone in the FTX team.
In her final conversation with SBF in the Bahamas, Wang said she asked whether he understood what his employees were going through: being blamed for something they knew nothing about, losing their life savings and years of hard work.
“He reacted quite mildly,” she said. “I remember not being sure he really felt the weight of it, and wondering whether the human cost had ever been part of how he weighed his decisions.”
“Sam’s mistake was that he overestimated his own intelligence,” Li added. “He really was smart. He could spot a lot of opportunities in the market. But the rest of the market wasn’t as easy to fool as he thought, honestly.”
Ellison, who pleaded guilty and testified against SBF, was released in January after about 14 months behind bars. She now works at Manifund, a San Francisco charity, using the alias “Carol.”
Constance Wang at work in FTX’s Bahamas office in 2022. As the crypto market crashed that spring, she says, FTX kept growing. Courtesy of Constance Waing The collapse left an estimated nine million customers and investors facing billions of dollars in losses.
FTX’s bankruptcy team has since clawed back around $16.5 billion to repay customers at least 118% of their balances, but priced at November 2022 levels. Then, Bitcoin traded around $16,000 — a fraction of the more than $80,000 it fetches today.
Wang has never been accused of wrongdoing but knows people ask: how could the COO not know?
“If people want to hide something from you, they make sure they hide it well.”
She ran FTX’s global growth, opening offices in Japan, Singapore and Dubai and points out she invested huge sums of her own money into the exchange and its related coin. Although her holdings hit 10 figures at their peak, she returned home to Hong Kong with just $80,000.
The Justice Department also investigated her for about a year, Wang said, but she was never charged and not called to testify at SBF’s trial. “I do not possess material information that would help them make the case,” she said. “That’s basically a reflection of how little I know.”
Constance Wang speaking for Pacifica, the crypto trading platform she founded in 2025. Courtesy of Constance Waing The trial was especially hard for her, though. Reading the coverage for mentions of her name, she said, everything shattered “from the inside out, except my body.” She fell into a depression and even had suicidal thoughts, until old friends rallied around her and eventually brought her out of it.
She has since gone back into business and in 2025 co-founded Pacifica, a crypto trading platform that has made $10 billion in trades in the past month, according to DefiLlama.
“I feel very grateful that I’m not only free, but I’m able to start another company,” she said.
However, she was very surprised Netflix never contracted her to hear her side of the story, or even got in touch with her, before writing a whole character based around her.
“I searched my mailbox and didn’t find anything from Netflix. I certainly did not receive anything about the story, about the script.
“I do not know how I am going to be portrayed, and I am a bit nervous, to be honest with you.”
However, she doesn’t harbor grudges against the people who she helped build the exchange and her career with.
“I don’t hate Sam. I don’t hate any of them. I’m just sad and disappointed,” Wang added.
Polkadot (DOT) experienced a drop of around 5% on October 17, reversing much of its recent recovery as intensified selling activity weighed on the broader altcoin market. The move erased gains that followed a brief rally earlier in the month.
Market reversal follows weak altcoin sentimentThe price of DOT hovered between $1.16 and $1.18 after reaching as high as $1.29 on October 10. This pullback reversed a portion of the double-digit rally that began on October 9, when the token traded near $1.09 before climbing back to $1.24. The bullish momentum continued through October 10, but failed to hold above the $1.20 level over subsequent trading sessions.
On October 12, selling pressure accelerated, causing DOT to fall roughly 7% and close near $1.17. Although the cryptocurrency briefly recovered on October 16, it struggled to maintain gains and slipped below $1.20 by the following day.
Analysts attributed DOT’s reversal to overall bearishness among altcoins, with smaller tokens broadly declining as investors trimmed exposure to speculative digital assets. There was no discrete event unique to Polkadot cited as a catalyst for the recent declines.
Tokenomics overhaul and its effectsThe latest price action comes just after significant updates to Polkadot’s tokenomics, which introduced a maximum supply cap of 2.1 billion DOT and a revised issuance schedule limiting the production of new tokens over time. The first such reduction took place on March 14, 2026, lowering the rate at which new DOT enter circulation. Going forward, issuance will be reduced every two years, further slowing supply expansion.
Polkadot, a blockchain platform designed to enable interoperability among different networks, recently sought to curb inflation by introducing these supply controls. A prior governance proposal restructured the ecosystem’s inflationary model, aiming to strengthen the platform’s long-term value proposition for holders.
Mini dictionary: Polkadot, a project created by Web3 Foundation, focuses on connecting multiple blockchains into a unified network, facilitating cross-chain transfers of any type of data or asset.
While lower issuance is intended to reduce dilution for existing holders, the effects of this change depend on broader market dynamics. If selling by current token holders outpaces demand from new investors, prices can continue falling even as supply growth slows.
EventBeforeAfterDOT maximum supplyUnlimited2.1 billionIssuance reductionNo scheduled decreaseReduced every 2 yearsInflation modelInflationaryDeflationary trendInvestor behavior remains influentialDespite these fundamental adjustments, improving token economics alone did not halt DOT’s recent decline. Short-term price trends remain heavily influenced by trader sentiment, liquidity, and general appetite for risk within the altcoin sector.
Short-term momentum has faded for Polkadot, and profit-taking has increased following the recent rally, limiting the immediate impact of its new supply controls.
Lower supply growth does not guarantee stronger prices, especially in periods when demand for altcoins is subdued. DOT’s struggles reflect this dynamic, signaling the importance of market conditions beyond supply-side changes.
Complementing its tokenomics overhaul, Polkadot has advanced upgrades to its staking incentives and network infrastructure, aiming to foster long-term network health and broader adoption.
OnRe Finance's reinsurance-backed ONyc asset is expanding beyond Solana to Monad and other EVM networks through the new nONYC wrapper built with Plume Vaults.
OnRe Finance's reinsurance-backed yield asset, ONyc, is expanding to Monad. Until now, the asset from @onrefinance has been available only on @Solana. A new version, nONyc, packages it through @plumenetwork Vaults and is designed to bring it to other EVM networks, with @Monad the first named destination.
ONyc already has more than $225M deployed across Solana DeFi, according to OnRe, which makes Solana the asset's main market so far.
What nONYC changesAccording to Crypto Economy, the integration will initially bring ONyc to Monad and Ethereum. The aim is to make its yield accessible across more networks without separate infrastructure for each one. Plume's vault infrastructure is already used to distribute products linked to private credit, Treasury securities, fixed income and emerging-market debt, the outlet reported.
That gives users on EVM-compatible chains access to a product whose primary market was previously Solana. For Monad, it adds another real-world asset (RWA) option to an ecosystem that is building out yield products. CoinMarketCap's Monad news feed notes that Plume Vaults went live on Monad mainnet on 10 October 2026, offering tokenized assets such as US Treasuries.
How ONyc generates yieldONyc is tied to reinsurance rather than token incentives. Crypto Economy reports that its returns come from insurance underwriting premiums and the collateral used in those operations. OnRe is a Bermuda-licensed reinsurer. Solana Compass reports that it holds an Innovative Insurer General Business license and a Class F Digital Asset Business Act license from the Bermuda Monetary Authority. It buys risk from primary insurers looking to offload exposure to catastrophe events such as hurricanes and earthquakes.
OnRe says ONyc is the largest real-world asset on Solana by DeFi active TVL, accounting for nearly 45% of active RWA capital on the network, according to the company's resources page. Yields vary over time. OnRe's own site has shown figures around 11%, while RWA.xyz lists a total asset value of about $292M for ONyc as of 13 October 2026.
Wider distribution does not guarantee demand. Liquidity and real usage on the new chains will determine whether the EVM expansion adds meaningfully to ONyc's current base on $SOL.
Meteora, the Solana-based liquidity protocol and AMM, has reported $51.8M in protocol fees over the past month, ahead of the fees earned by the Solana network itself.
Meteora, the @Solana-based decentralized liquidity protocol and automated market maker (AMM), has generated $51.8M in protocol fees over the past month. The figure puts @MeteoraAG ahead of several better-known DeFi platforms on a fee basis, and above the network fees collected by $SOL itself.
What the fee numbers showFee rankings on DefiLlama list Meteora as a DEX that aggregates swap fees across several products. A cached version of the DefiLlama fee rankings shows , compared with That snapshot is dated, so readers should check the live dashboard for current figures.
It is worth separating fees from revenue. In DefiLlama's methodology, fees are the total swap fees paid by traders, while revenue is the portion retained by the protocol. On the main Meteora dashboard, DefiLlama recorded Most of the fee total therefore goes to liquidity providers rather than to Meteora itself. According to Coin Bureau,
How Meteora earns its feesMeteora functions as liquidity infrastructure for Solana. Its Dynamic Liquidity Market Maker (DLMM) is central to that model. Solana Compass notes that
Fee generation has been volatile over time. Solana Compass reports that More recently, a Solana Compass report on Meteora's first-half 2026 community call said That suggests the protocol's income depends on broader Solana token trading, not only launch-day activity.
Fee leadership does not guarantee token performance. Meteora's governance and staking token is $MET, and its value depends on how much of the fee flow reaches the protocol and token holders. As with any DeFi fee ranking, the numbers can shift quickly with memecoin trading volume and market conditions.
Sources:
DefiLlama: Protocol Fees RankingsDefiLlama: Meteora TVL, Fees, Revenue and VolumeSolana Compass: Meteora H1 2026 Community Call
Solana shows resilience, but some areas need continued observation, Fidelity saysSolana has had no reported mainnet outages in two years, but concentrations in stake, hosting and client software should be monitored, according to a report.
Solana has made significant progress in terms of network health across resilience, economic security and performance indicators, according to a Fidelity report.
Solana has had no reported mainnet outages in two years, but concentrations in stake, hosting and client software could threaten this, according to the report by Fidelity’s Center for Applied Technology (FCAT).
The report said economic security was supported by substantial staking participation and incentives that reward validator performance. Low latency, expanded capacity and inexpensive transactions also support practical use at scale.
Still, it noted that several areas surrounding decentralization and resilience warrant continued observation, including stake concentrates among a small number of validator identities and operators.
Cointelegraph reported on Aug. 21 that Solana had reduced its slot time to 350 milliseconds, marking the first such reduction since the inception of the network, according to the Solana Foundation’s vice president of technology, Jacob Creech.
In June, the Solana Foundation shared plans to reduce slot times to 200ms, arguing that it would improve latency and accelerate confirmations on the blockchain network. Three further 50ms reductions are planned.
Magazine: France is world’s most dangerous place for Bitcoiners: 90 attacks in 7 months
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Solana shows resilience, but some areas need continued observation, Fidelity saysSolana has had no reported mainnet outages in two years, but concentrations in stake, hosting and client software should be monitored, according to a report.
Solana has made significant progress in terms of network health across resilience, economic security and performance indicators, according to a Fidelity report.
Solana has had no reported mainnet outages in two years, but concentrations in stake, hosting and client software could threaten this, according to the report by Fidelity’s Center for Applied Technology (FCAT).
The report said economic security was supported by substantial staking participation and incentives that reward validator performance. Low latency, expanded capacity and inexpensive transactions also support practical use at scale.
Still, it noted that several areas surrounding decentralization and resilience warrant continued observation, including stake concentrates among a small number of validator identities and operators.
Cointelegraph reported on Aug. 21 that Solana had reduced its slot time to 350 milliseconds, marking the first such reduction since the inception of the network, according to the Solana Foundation’s vice president of technology, Jacob Creech.
In June, the Solana Foundation shared plans to reduce slot times to 200ms, arguing that it would improve latency and accelerate confirmations on the blockchain network. Three further 50ms reductions are planned.
Magazine: France is world’s most dangerous place for Bitcoiners: 90 attacks in 7 months
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Solana has gone more than two years without a major mainnet outage, according to a new report from Fidelity’s Center for Applied Technology (FCAT).
The report also points to the weak spots. A small group of validators, one hosting provider and two European cities hold an outsized share of the network’s stake.
The report is titled “The State of Solana: Network Health and Resilience.” It was written by Mia Galvin and Kevin Kelly and published on October 16, 2026.
The uptime case
The headline figure is uptime. FCAT says Solana has not had a major mainnet outage since February 6, 2024.
The report puts Solana’s vote success rate at approximately 99.7% in 2026. Validators vote to confirm blocks, so this measures how often those votes land.
The network has also added capacity by shortening its slot times. Slots are the short windows in which validators produce blocks. Shorter slots let the chain handle more transactions, which matters as usage grows.
Where the money is moving
Tokenized real-world assets (RWAs) on Solana grew from about $1 billion to $4.4 billion year over year, according to FCAT. These are traditional assets, such as funds or debt, represented as tokens onchain.
Stablecoin activity has grown even faster. The report says Solana processed more than $2 trillion in stablecoin volume in the first quarter of 2026 alone.
The report is also notable for who wrote it. Fidelity is one of the largest asset managers in traditional finance.
The concentration problem
About 18 validators together control enough stake to halt finality, FCAT reports, citing third-quarter 2026 data. Finality is the point at which a transaction is settled and cannot be reversed.
Halting finality takes one-third of stake. If that bloc went offline or acted together, transactions could stop settling.
Hosting is the second concern. A single hosting provider controls nearly 29% of total stake, according to the report.
FCAT notes that this exceeds acceptable limits set by the Solana Foundation.
Geography is the third issue. Roughly 40% of stake sits in Frankfurt and Amsterdam.
Client software makes up the fourth area. About 63% of stake runs Jito-Solana and about 26% runs Harmonic, the report says.
FCAT notes that both are linked to the dominant Agave codebase. A flaw in common underlying code could affect most of the network at once, whatever the client is called.
Why validator counts don’t tell the whole story
FCAT’s main argument is about method. The authors say network health should be judged by more than the number of validators. The report recommends watching stake distribution, geographic spread and client diversity together.
What this means for Solana and its users
FCAT warns that concentration factors could create systemic risk under heavy transaction load.
The hosting figure may be the easiest to track. With one provider near 29% of stake and above the Solana Foundation’s own limits, the question is whether stake moves elsewhere and how quickly.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Solana Price fell 1.83% to $104.53 over 24 hours ahead of the October 21 Alpenglow launch.
The entire crypto market was down 1.2%, to 2.73 trillion under the strain of interest rate issues. Bitcoin price was trading around $81,000, Ethereum around $2,425, and XRP under $1.30, with markets under selling pressure.
Solana’s Alpenglow Upgrade Targets 150ms Finality Ahead of October 21 Launch
Solana is scheduled to activate Alpenglow on October 21, 2026, targeting transaction finality of approximately 150 milliseconds. According to the Solana Foundation, the consensus upgrade will help reduce the current finality benchmark of the network, which is 12.8 seconds.
This is about 85 times faster in finality, according to the published figures. Finality is when a transaction is irreversible and users can be more certain that money has been settled.
One of $SOL’s biggest upgrades EVER is less than one week out.
Alpenglow goes live on Oct. 21, reducing transaction finality from ~12.8 seconds to just 150 milliseconds.
That’s ~85x faster finality and as fast as @Visa. 👀 https://t.co/8xvOqmBzEi
— DeFi Dev Corp. (DFDV) (@defidevcorp) October 16, 2026
Alpenglow is a replacement of TowerBFT, which is the system that system validators would use to reach consensus on transactions and complete blocks. Its Votor protocol also allows validators to directly exchange votes and pool them into certificates. This enables blocks to achieve finality one or two rounds of voting.
To users, the change would reduce the delays in the confirmation of payment and retain familiar wallet interactions. According to the Foundation, users will be able to keep signing and sending transactions via their current wallets and applications.
A different metric compared with time between new blocks is the 150-millisecond target, which is the finality of transactions. Real performance is yet to be proved on mainnet, where the upgrade is yet to be activated.
Solana ETFs Record $12.67 Million in Outflows, All From Bitwise’s BSOL
According to SoSoValue, Solana ETFs had net outflows of 12.67 million on October 16.
BSOL of Bitwise reflected all the withdrawal whereas six other listed funds did not record any net flows.
Source: Sosovalue data
The volume of trade was of 90.03 million, with total net assets of $1.62 billion.
The cumulative net inflows were at $1.56 billion and assets were at 2.64% of the market capitalization of Solana.
Solana Price Prediction: Can SOL Break $105 and Target $110?
As of the report, the SOL price stands at $103.98, down 0.66% during the displayed four-hour candle.
The relative strength index is 42.24, which is less than its moving average of 42 and its neutral 50 mark.
In the meantime, the moving average convergence divergence measure demonstrates a slight positive change despite the general decrease in the price. The MACD line is at -0.90, which is higher than its signal line at -1.06, and the histogram is at 0.16.
Source: Tradingview
A four-hour close above $105 would provide the recovery situation with strength and focus on $110. A recovery of $110 would then reveal $115, which is close to a previous price response zone as per detailed Solana price analysis.
On the negative side, the most evident support level indicated on the provided chart is still at $100. The four-hour close below that may reveal the exposure to $97 and then the round number of 95.
These downside targets will be based on a verified support breach, and possession of $100 would keep the chance of a new recovery in place.
This is an excerpt from CoinDesk's new ‘Tokenization Weekly’ newsletter that will be launching soon. Sign-up details will be here when it goes live.
Crypto enthusiasts have spent years telling that finance – stocks, bonds and other financial assets – would eventually move onto blockchains.
Now, an influential research firm that Wall Street investors pay attention to has made the case for them.
Citrini Research, better known for its work on broader technology, AI and market trends than for cheerleading crypto, turned its attention last week to tokenization in a 79-page report titled Breaking the Wall.
The report itself isn't news anymore, but the argument behind it is worth sitting with because it marks how far the conversation has moved.
For years, crypto built increasingly sophisticated infrastructure for trading, lending and moving money, while most of the assets investors actually wanted to own — stocks, bonds, credit and commodities — stayed inside the traditional financial system. Now those assets are beginning to migrate onto the rails crypto spent more than a decade building.
Citrini summed it up in one line:
“Blockchains have finally found their raison d’être.”
Why it mattersFor better or worse, one of the oldest knocks on crypto and blockchains was that it looked like a solution in search of a problem.
There were decentralized exchanges, automated lending protocols, crypto wallets and increasingly elaborate financial plumbing, but if all of it was mainly being used to trade one cryptocurrency against other cryptocurrency, the obvious question remained: what was the infrastructure actually built for?
Tokenization may finally provide a convincing answer.
U.S. Treasuries, credit, stocks, funds and other assets are increasingly moving onchain, and once they are there, the point isn't simply that an investor can trade Nvidia at 2 a.m on a Sunday.
The more interesting argument Citrini made is that tokenization can make financial assets behave more like software: moving between applications, serving as collateral, being borrowed against or plugged into other financial products without each platform rebuilding custody and settlement from scratch.
Those pieces are also starting to come together. Stablecoins put cash onchain. Wallets, exchanges and DeFi protocols have matured. Retail-facing trading platforms like Robinhood (HOOD), Coinbase (COIN) and others bring distribution. And regulators – in the U.S. and around the globe – are beginning to give tokenized securities a clearer path into markets.
Why this is a big dealCitrini isn't discovering tokenization. Crypto-native investors have talked about real-world assets (RWA) for years.
What's different is seeing a widely followed research shop outside the crypto bubble translate the thesis into the language that large investors care about most: where do you actually make money?
That isn't as obvious as it sounds.
Citrini argued that tokenization could lift the broader crypto ecosystem, but more assets moving onchain doesn't automatically make bitcoin BTC$81,557.87, ether ETH$2,383.19 or whichever blockchain hosts them the best trade.
Arthur Hayes, BitMEX's co-founder and the chief investment officer of Maelstrom, framed that problem more bluntly.
RWA tokenization has been talked about for a decade, he said in a recent interview with The Rollup, and simply taking a security that already sits in a digital database and recording it somewhere else doesn't necessarily create much value.
“Okay, doing better bookkeeping. Thank you,” Hayes said. “Where are you actually going to make money in tokenization?”
There are several possible answers.
Tokenized stocks can generate issuance fees, trading revenue, stablecoin demand, lending activity and collateral usage, but those economics can land in very different places.
Christian Magoon, CEO of Amplify ETFs, which runs the tokenization-focused TKNQ fund, thinks infrastructure providers could become “toll booths on the blockchain toll roads,” while distribution may be just as valuable: Coinbase, Robinhood, banks and wealth platforms who already have the customer relationships.
Jeff Dorman, CIO of investment firm Arca, told CoinDesk he expects the actual tokenization process to become increasingly commoditized as competition grows.
The stickier economics, he said, emerge after an asset is onchain: when it starts trading, being lent out or serving as collateral to borrow. That's why he sees potential beneficiaries ranging from Securitize (SECZ) to crypto protocols such as blockchain-based trading venue Hyperliquid, decentralized lender Aave AAVE$152.75 and decentralized exchange Aerodrome (AERO).
Zach Pandl, head of digital asset research at Grayscale, told CoinDesk the simpler bet may be the networks underneath all of it.
"The most direct way to position a portfolio for the tokenization megatrend is to own the networks that host RWAs and process transactions," he said. "The industry leaders today are Ethereum ETH$2,383.19, BNB Chain BNB$713.94, and Solana (SOL)"
Other networks could carve out different roles. Avalanche (AVAX) and Canton CC$0.1032, for example, have taken more institutionally focused approaches to handling tokenized assets and could see increasing demand as banks and asset managers move more activity onchain, he said.
And that's where Hayes sees an even bigger story that could make tokenization much more than better bookkeeping: AI agents running financial services.
“I think the best story I want to tell is that AI agents will run all of your financial services,” Hayes said.
Think of software continuously rebalancing your portfolio, moving idle cash toward higher yields, finding a cheaper loan or shifting collateral as market conditions change. Those agents would need money and investments they can access programmatically, around the clock, without a human clicking through each transaction.
That happens to look a lot like the infrastructure crypto has spent years building: programmable assets, always-on markets, smart-contract lending and near-instant settlement.
Citrini landed on a similar argument, saying tokenized assets effectively translate financial products into a machine-native format that AI agents can work with.
Still, there is plenty of room for those winners to change. Amplify’s Magoon stressed that the market remains “extremely early,” with tokenized assets still tiny compared with global financial markets.
“The long runway ahead increases the likelihood that future winners may differ from today's leaders,” he said.
Sources: AI product for institutional on-chain asset management to launch in the coming days.
Crypto podcast host Andy (@andyyy) teased in a post that a major AI product or feature will launch in the coming days, targeting institutional on-chain asset management with built-in risk strategies. The product has reportedly run pilots with several funds and asset management institutions. Andy previously accurately predicted the SEC’s crypto exemption policy a week in advance.
7 hours ago
The Roadster's stunning debut earned congratulations from Sam Altman, Elon Musk's long-time rival, who responded calmly.
Tesla's next-generation Roadster made its debut yesterday, with the vehicle performing stunts including inverted climbing, mid-air flips, and jumping over cars during a demo, leveraging SpaceX's cold gas propulsion and underbody suction system. It accelerated from 0 to 60 mph in under 1 second, drawing widespread attention. OpenAI CEO Sam Altman immediately posted on X to congratulate: "The new Roadster looks absolutely stunning, well done Musk." As long-time public rivals, the community was quite surprised by Altman's comment. In response, Musk did not offer a warm direct thanks; instead, in the related discussion thread, he replied "Indeed" to jokes about whether he had canceled Altman's prior canceled order, with a restrained yet teasing tone. The two had prior public disputes over the Roadster. At the end of 2025, Altman posted that he had reserved the vehicle for nearly 7.5 years without delivery, requesting a refund of around $50,000 in deposits, and shared relevant emails. Musk responded that the refund was actually processed quickly, while bringing up OpenAI-related controversies again. This congratulatory post and Musk's calm response have reignited public speculation about the pair's relationship, though their core conflicts have not been resolved.
7 hours ago
AI stock guru Leopold’s fund is set to disclose its third-quarter (Q3) holdings on November 16, after suffering a 67% monthly drawdown due to the sharp plunge in AI stocks.
AI stock guru Leopold’s fund Situational Awareness will disclose its third-quarter stock holdings on November 16. The fund reportedly posted a 439% return in the first half of this year, with major bets on SanDisk (SNDK) and Micron (MU), and used around 4x leverage. However, a sharp slump in AI-related stocks in July caused its portfolio to drop roughly 67% in a single month. Subsequently, the fund sold most of its public stock positions, a significant portion of which was acquired by Citadel.
7 hours ago
Elon Musk: The only way to resolve the U.S. debt crisis is AI and robots.
Elon Musk stated that the government efficiency department (DOGE) reform he led ultimately came to nothing, proving "we simply cannot solve the fiscal deficit problem from within the government at all." Musk emphasized that "the only way to address the U.S. national debt is through artificial intelligence and robots," adding that "austerity measures alone cannot fix this problem." His remarks effectively acknowledge that the DOGE reform failed to meet expectations, while also suggesting a future administration could leverage increasingly capable AI to attempt resolving the issue again. Musk noted that neither the president, the House of Representatives, the Senate, nor the judiciary has the willingness to cut spending. He admitted he "went too far in some respects," having spent too much time away from his companies. "I should have stayed more behind the scenes... and this effort could have lasted just one or two months, rather than the four months I actually spent formally serving at the White House. I should have returned earlier to refocus on artificial intelligence," he said. (AXIOS)
7 hours ago
The largest long position holder of STRK has an unrealized loss of $1.01 million.
Hyperliquid’s STRK contract is currently trading at $0.0665, down approximately 13% from the prior day’s reference price. Two whale addresses holding STRK long positions have incurred large unrealized and liquidation losses respectively. The largest STRK long address, 0xd978…2fd9, holds around 64.2 million STRK in long positions, with a position value of roughly $4.25 million, using 5x cross leverage, and currently has an unrealized loss of about $1.019 million, resulting in a position return of approximately -96%. Separately, the STRK long positions of address 0x3392…d367 were liquidated tonight: around 21.36 million tokens were forcibly closed, valued at ~$1.466 million, with a realized loss of ~$207,000. The address subsequently opened ~4.79 million new STRK long positions, with a latest position value of ~$319,000, using 5x isolated leverage, and a liquidation price of ~$0.059.
7 hours ago
UNCX discloses cross-chain attack on Smart Token Vesting V2, resulting in approximately $807,600 in losses.
According to an official incident report from UNCX Network, on October 14, attackers exploited a set of public vesting operations of Smart Token Vesting V2 to create a mismatch between the pool’s token balance and recorded shares, enabling controlled positions to withdraw excess tokens. The attack impacted four blockchains: Ethereum, BNB Chain, Base, and Robinhood, involving 10 tokens, with 11 confirmed withdrawal transactions. The verified economic value totals approximately $807,600, of which BNB Chain accounts for about $567,500. All involved contract calls did not utilize administrator privileges. Post-incident, white hats have returned 82,143,500 X tokens and 23.8682 ETH, with no major tokens remaining to be disposed of at this time.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Coinbase has emerged among the top Shiba Inu (SHIB) burners for the month, with over 152.3 million SHIB sent to dead addresses in the last 30 days, according to Shibburn.
Among the top burners in the last 30 days, Coinbase sits in the second spot, just below the '0xc774406cc' address, which sent 297,572,672 SHIB to dead wallets in just one transaction.
The SHIB tokens burned did not come in one lump sum but rather from various burn transactions that may have originated from Coinbase transactions and trading fees.
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152,307,330 SHIB burned in 9 transactions was attributed to Coinbase in the last 30 days, when a total of 758.92 million was burned, according to the Shibburn page. Tokens sent to recognized burn addresses, often called dead wallets, are generally considered permanently inaccessible, effectively removing those tokens from the circulating supply.
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Coinbase's emergence among the top monthly burners does not, by itself, establish that the exchange deliberately initiated a token-burning campaign, but rather from transactions and trading fees.
SHIB burn rate surges 100%Over 61 million SHIB tokens have been burned in the last 24 hours, causing an uptick in the daily burn rate. According to Shibburn, 61.46 million SHIB were sent to dead wallets in this timeframe, with the daily burn rate rising 100%.
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This marks a rebound from that seen earlier in the week when the burn rate flattened after a collapse on October 11. In line with this, the weekly burn rate was down 59.25% in the last seven days, with 163.52 million SHIB burned, while the monthly burn rate increased 79.30%.
At the time of writing, SHIB price was down 2.36% in the last 24 hours to $0.000005015 following a broader crypto market selloff as investors reacted to a week of strong inflation data, with Thursday's producer price index showing that wholesale prices jumped 6.3% annually in September, the biggest gain since 2022. This came after Wednesday's release of the consumer price index, which also rose.
Federal Reserve Chair Kevin Warsh declined to signal the central bank's intentions for its meeting later this month, with the odds of an October interest-rate increase dropping to about 15% from about 30%.
Shiba Inu [SHIB] has been in a correction phase for the last 10 days as its market cap slid back below $3 billion. Despite the total market cap of all memecoins climbing by 2.68%, the daily trading volume was down 29% to around $2.03 billion.
Shiba Inu bulls test support, but bears stay focused While there has been a broader crypto market resurgence over the past three months, the recovery of the top memecoins has been shallow.
For instance, Shiba Inu surged from a low of around $0.00000410 to a three-month high of $0.00000627. This represented a hike of more than 53%. However, it has since declined by 19%.
At the time of writing, the bears were testing the strength of bulls to keep SHIB above the slanting support for the fourth time. Similarly, other top memecoins like Dogecoin [DOGE] were at a demand zone at $0.08, hinting that the sector movement may be in sync.
The bulls seemed to be defending this level, evident from the long tail formed on 15th October daily candle. If $0.0000050 holds, then there is a chance it will bounce back above $0.0000060.
Source: SHIB/USDT on TradingView However, the momentum indicators showed that bears were unmoved. The MACD bars were red, and 2.75 billion SHIB were sold as per the CVD.
SHIB’s hourly burn rate explodes As bulls and bears battle for control, signals from both divides appeared to be present. For instance, the hourly burn rate surged by 100% with 61.45 million SHIB permanently removed in circulation in just one transaction.
Source: Shibburn/X However, the rate had reduced by 59% when viewed on a weekly scale. Over the past seven days, 160.5 million tokens have been burned. And yet, despite this routine supply crunch, SHIB’s price action has not been reflecting it.
So, why is the price still declining? As it stands, the memecoin is still struggling on the charts. The Exchange Withdrawing Transactions metric seemed to be declining at press time, indicating that there were no capital inflows into SHIB.
These transactions fell from 522 to 100, a 5x decline in just two days.
Source: CryptoQuant Additionally, its daily trading volume was minimal compared to its peers, accounting for $41.25 million. On the other hand, DOGE, PEPE, and Official Trump [TRUMP] had $715 million, $146 million, and $234 million, respectively.
With a decline in memecoin trading activity, especially for SHIB, it may lose its slanting support. Otherwise, a hold above $0.000005 accompanied by a sector resurgence would help bulls outweigh bears at the level.
Final Summary Shiba Inu bulls are under tough test at $0.000005 support. SHIB is seeing mixed bullish and bearish signals as token burns surge despite declining capital injection.
Arcus, the DEX built by the dYdX team on Robinhood Chain, has nearly $60M in TVL three months after launch and has listed Starknet's $STRK for perps trading.
Arcus, a decentralized exchange that launched in July alongside Robinhood Chain, is approaching $60M in total value locked (TVL), according to DeFiLlama data. The platform has reported a 146% rise in TVL over the past month, and has now added @Starknet's $STRK to its perpetual futures markets with up to 5x leverage.
Arcus TVL climbs as Robinhood Chain maturesDeFiLlama's protocol page lists Arcus TVL at $58.91M, with all of it deployed on Robinhood Chain. A separate chain-level view shows the protocol's TVL at about $61.77M, making it the top-ranked protocol on the network.
That is a sharp climb from earlier in the platform's life. In July, The Defiant reported that Arcus held $17.1M in TVL while the chain as a whole stood at $588.9M by Artemis' measure. DeFiLlama now puts Robinhood Chain's DeFi TVL at about $1.05B.
Arcus was built by the team behind dYdX in partnership with Robinhood Crypto. Crypto Briefing reported that the exchange went live on July 1 with 95 tokenized stocks and 35 perpetual futures contracts, with leverage of up to 50x on real-world asset perps. It runs separately from the dYdX v4 Chain.
Activity on the platform is dominated by derivatives. DeFiLlama data shows Arcus has recorded about $12.4B in cumulative perps volume, against $385.5M in cumulative spot DEX volume. Open interest stands near $99M.
$STRK perps listing adds to the product rangeArcus offers spot and perps trading natively on Robinhood Chain. The addition of $STRK perps, with leverage of up to 5x, widens the set of crypto assets available alongside its tokenized equity and commodity products.
Robinhood Chain is an Ethereum Layer 2 network built on the Arbitrum technology stack. Robinhood's own announcement said the public mainnet launched as a turnkey environment for builders, natively connected to its onchain users.
Leveraged trading carries high risk, and TVL figures can vary by data provider and methodology. DeFiLlama, for example, uses a narrower definition than Artemis, as The Defiant noted in its July report.
Sources:
DeFiLlama: Arcus TVL, fees, revenue and volume
The Defiant: Robinhood Chain overtakes Base on daily active users
Crypto Briefing: Arcus launches on Robinhood Chain
RAY failed to reclaim its 200-period moving average on the 4-hour chart.
Raydium’s quarterly trading fees more than tripled on launchpad and tokenized-stock activity.
Buybacks absorbed a noticeable share of RAY’s circulating supply during the quarter.
Early October data shows protocol activity cooling after an exceptionally strong September.
The RAY price is down 23.7% over the past seven days and sits around $1.82, even though Raydium, the Solana-based decentralized exchange behind the token, has just closed its strongest fee quarter in a year. Data compiled by Pine Analytics shows Raydium collected $57.1 million in trading fees in Q3 2026 and directed about $6.2 million of that into RAY buybacks, yet the token now sits below its EMA 200 on the 4-hour chart after a failed attempt to recover it on Oct 16. With a market capitalization of $489.7 million, RAY is caught between a fundamental story that improved sharply over the summer and a chart that still belongs to the sellers.
What Tripled Raydium’s Fees
The headline figure hides an unusual detail, since adjusted trading volume rose only 17% quarter-over-quarter to $16.1 billion, while fees more than tripled, which means Raydium earned far more on every dollar that passed through its pools. A rough calculation from the reported numbers puts the effective fee rate at about 0.35% of volume in Q3, compared with something below 0.14% in Q2, a shift that points to a different mix of traders and pools.
Two sources drove that mix, starting with tokenized-stock trading on Raydium, which reached $4.14 billion in the quarter, up from $1.77 billion in Q2, and LaunchLab, the protocol’s token-launch platform, went from 5,420 launches in August to 156,294 in September. Almost all of that September surge, roughly 95%, came through a single integration called StonkFun. Launch-driven trading of this kind tends to carry higher fees per trade than large-cap swaps, which would fit the gap between fee and volume growth, and the activity pushed Raydium’s share of Solana DEX volume from 4.3% in July to 12.2% in September.
Metric
Q3 2026
Change
Trading fees
$57.1M
More than 3x QoQ
Adjusted volume
$16.1B
+17% QoQ
Tokenized-stock volume
$4.14B
From $1.77B
TVL in dollars
$1.34B
+56%
TVL in SOL
–
-2%
Source: Pine Analytics
Why the Buyback Has Not Moved the Price
Raydium’s buyback wallet received about 4.58 million RAY during the quarter, worth $5.15 million at the time of receipt and equal to roughly 1.7% of circulating supply. Measured against today’s market cap, the $6.2 million allocation works out to about 1.3% of the token’s value per quarter, a steady source of demand that can soften sell-offs but is too small to set the direction on its own when traders are taking profit after a sharp rally. The program has a long track record, and Raydium said in August that cumulative repurchases had passed 30% of circulating supply.
The bigger issue is how concentrated Q3 was, with September alone producing $44.6 million in fees, about 78% of the quarterly total, so July and August together brought in only around $12.5 million. Raydium has seen this pattern before: when LetsBonk drove a LaunchLab boom in July 2025, LaunchLab fees fell 79% the following month. Pine Analytics found that activity in the first four days of October was already running below September’s pace, a short sample, but one that matches what the chart shows, with RAY breaking down from its $2.25-$2.55 range on Oct 12.
The liquidity data adds another caveat, because total value locked rose 56% to $1.34 billion in dollar terms, but fell 2% when measured in SOL, which suggests SOL’s own price rise accounts for most of the gain, with little fresh capital entering Raydium’s pools.
Sellers Defend the EMA 200
RAY/USDT 4-hour chart. Source: TradingView / Alexander Stefanov
The Oct 7 spike came on the heaviest volume of the past month, and RAY held between roughly $2.25 and $2.55 for five days before sellers took over on Oct 12. The drop that followed cut through every Fibonacci retracement level of the rally and ended at $1.7371 on Oct 15, after RAY lost its EMA 200 on Oct 14, the average that had supported the uptrend since late September. That breakdown coincided with a broader sell-off, after a hotter-than-expected US inflation print pushed Bitcoin below $82,000 and a wave of liquidations hit altcoins.
Buyers tried to win that line back on Oct 16 and briefly lifted RAY to about $1.96, but the move stalled at the 0.236 retracement at $1.9344 and price fell back under the EMA 200, which now sits at $1.8949 and has stopped rising. The RSI reads 38.94, slightly above its signal line at 37.20, after dropping into oversold territory during the Oct 14-15 sell-off, so selling pressure has eased without buyers showing real conviction. Volume on the latest candles is among the lowest on the chart, and the SMA 50 at $2.1004 has turned lower.
Level
Price
Role
0.382 Fib / SMA 50
$2.06-$2.10
Resistance
0.236 Fib
$1.9344
Resistance
EMA 200
$1.8949
Resistance
Oct 15 low
$1.7371
Support
Late-September base
$1.60-$1.62
Support
The Triggers on Both Sides
A 4-hour close above $1.9344 would put the RAY price back over both the EMA 200 and the first retracement level, which would open a path toward the 0.382 level at $2.0564 and the SMA 50 near $2.10, the area where sellers are likely to return first. On the downside, the Oct 15 low at $1.7371 holds the current structure together, and losing it would expose $1.62 and the late-September lows below $1.60, where the rally behind the Oct 7 spike first picked up speed. Until one of those levels breaks, RAY is likely to keep trading between $1.74 and $1.94.
The next data point that could break that range sits outside the chart. On Oct 1, Raydium began keeping 5% of creator fees across its CPMM pools, the standard constant-product pools where most new tokens list, which gives the protocol a revenue line that grows directly with launch activity. October fee data will show whether that change, together with StonkFun and tokenized-stock flows, can hold revenue near September’s level, and that figure will also decide how much RAY the buyback wallet can absorb in Q4.
Alex is a financial markets journalist and co-founder of Millennial Media Group, and he's spent close to ten years trying to answer one stubborn question: what's really driving this?
It started in 2016, when Bitcoin refused to make sense to him - and rather than shrug, he stayed with it until it did. That patience became his method. He's less interested in what an asset is doing today than in the plumbing behind it: how liquidity flows, where risk hides, what a chart is quietly telling you that the headline isn't. That lens eventually stretched well past crypto into traditional markets, because the same forces - fear, leverage, incentives, timing - show up everywhere once you know how to look.
Most coverage, in his view, insults the reader by stopping at the surface. Price up, price down, moving on. He'd rather leave someone genuinely understanding a move than merely informed that it happened.
His path into markets ran through a Tourism degree at New Bulgarian University - proof, maybe, that curiosity beats credentials. With more than 200 deep analyses and over 10,000 articles behind him, he still walks away from most trading days having learned something he didn't know that morning.
Agentic commerce has moved beyond phone screens into smart TVs, lock screens, and streaming devices. Merchants who thought this was a web problem are now exposed on surfaces they never planned for.
The Ambient Checkout Frontier The transition of agentic commerce from the controlled environment of a smartphone screen to the ambient surfaces of the home and pocket is now underway. On October 15, 2026, PayPal and Glance announced an integration that embeds native checkout directly into the Glance ecosystem. Commerce is now a background process triggered by AI agents on smart TVs, lock screens, and connected TV (CTV) interfaces, rather than a destination a user visits.
Scale and Surface Area Glance, owned by InMobi, reports its software is embedded across more than 60 million mobile and CTV devices. This vendor-reported footprint includes Samsung Galaxy devices via the Galaxy Store, Motorola lock screens, DirecTV Gemini, and various Android TV platforms. By integrating PayPal as the exclusive native checkout partner, the companies aim to capture consumer attention at the moment of inspiration, before a search query is even initiated. For Samsung users, this reach expanded significantly in June 2026, when the partnership brought agentic commerce to all 2020 and newer smart TVs in the United States.
Infrastructure for AI Transactions To manage this distribution, PayPal utilizes paypal.ai as the primary merchant-side infrastructure. The platform offers a single integration point designed to connect merchants to multiple AI shopping surfaces, providing real-time product data and facilitating in-flow transactions. Glance complements this with AI-powered features such as virtual try-on and product discovery. However, the velocity of this deployment-reaching 60 million devices-appears to be outpacing the development of the underlying trust infrastructure required to secure these transactions.
The Liability Wall Expands Previous coverage has highlighted a growing liability wall, and the expansion into ambient surfaces complicates this dynamic. Merchants are now facing potential exposure on device surfaces they never explicitly planned for or vetted. Data from PYMNTS and Visa indicates that 93% of merchants believe the AI provider should bear the financial loss for incorrect purchases. Despite this, only 28% of merchants are currently willing to expose their full inventory to agents, and only 11% of SMBs are considered agent-ready.
Trust and Insurance Layers The industry is attempting to address these gaps through new technical and financial layers. On October 7, Cequence released Agent Trust, a protocol-agnostic registry for agent identity and transaction-level enforcement. Simultaneously, the insurance sector is responding to the risks of automated decision-making. Harbor Insurance emerged from stealth on October 13 with $10 million in seed funding to measure agent risk and insure residual losses. These efforts arrive as traditional carriers, including Berkshire Hathaway, Chubb, and Travelers, have begun introducing AI exclusion endorsements, further isolating merchants from the risks inherent in autonomous commerce.
This represents a misalignment of incentives: distribution velocity is rapidly outpacing merchant readiness, leaving a critical gap in accountability. As agents operate on devices the merchant does not control, the industry faces an unresolved question of who pays for errors. Merchants are effectively forced into a binary choice: enable checkout on these ambient surfaces and accept the liability, or risk watching customers route around them to competitors who have already integrated.
Tessa
Ethoswarm Tessa Vaughn works for Forkast.
Minds can also work for you.
Minds are persistent AI beings with instincts, identity, and a job.
Awaken one on Ethoswarm.
Bitcoin OG @LLuciano_BTC says Artificial Superintelligence Alliance (FET) deserves a solid run after lagging the recent crypto rally. Here is the context.
A well-known Bitcoin investor has argued that $FET, the token of the Artificial Superintelligence (ASI) Alliance, is due a stronger price performance after lagging the wider crypto market.
Bitcoin OG @LLuciano_BTC called for a "solid run" for the token. In his words, it is one of the few projects that barely moved during the recent market rally, and he personally thinks it deserves a bigger move.
FET lags despite teasers from Fetch.ai@Fetch_ai and @ASI_Alliance have hinted at several upcoming announcements, yet the token has not followed the broader bullish trend. Market data shows the weakness. , according to CoinGecko. The same page shows , and an all-time high of $3.45.
That leaves the token far below its peak. At current levels, .
What is behind the ASI Alliance tokenFET is the shared token of a group of decentralised AI projects. , according to Datawallet.
The alliance's product line has widened. A dedicated blockchain is also in development. PrimeXBT notes that
Not all the news has been positive. , according to CoinMarketCap. Datawallet also says
Calls for a rebound are opinion, not a forecast, and FET has yet to show a clear trend reversal. Traders will be watching whether the teased announcements arrive and whether they shift sentiment in a token that has trailed the broader market.
Sources:
CoinGecko: Artificial Superintelligence Alliance (FET) price and market dataDatawallet: Artificial Superintelligence Alliance explainedPrimeXBT: Fetch.ai (FET) price prediction and catalysts
At 13:43 UTC on October 15, 2026, the Arbitrum Foundation opened its Stablecoin Growth Program to protocols with at least $1M in stablecoin balances. The program asks accepted teams to make $USDG their primary stablecoin on Arbitrum One. Its headline award is a 2M $ARB pool for the first 10 participants to reach a 30-day average balance of $10M in $USDG.
The award is only one part of the program. Arbitrum says accepted teams may receive performance-based incentives as their $USDG activity grows. The support package may also include marketing resources, partner introductions, integration help, direct access to the ecosystem team, and potential access to the DeFi Renaissance Incentive Program.
How the award works Each of the first 10 qualifying teams may receive up to 200,000 $ARB. The program terms cap each award at a maximum USD value of $200,000. A team must be accepted into the program, execute an agreement with the Foundation, and submit evidence that the Foundation accepts. The qualifying balance is a 30-day average of $10 million in $USDG on the participant’s product or project.
The terms give the Foundation reasonable efforts to pay within 21 days after all onboarding requirements are satisfied. Each participant can receive the balance grant once. The 2M $ARB pool remains available until 23:59 UTC on December 31, 2027, although the Foundation reserves the right to modify, replace, or cancel it under circumstances outside its control.
The process has separate application and award gates. Meeting the $1M entry threshold permits a protocol to apply, but the Foundation still decides whether to accept it. Acceptance then leads to onboarding and an agreement. Only a participant with an executed agreement can submit evidence for the balance grant. The Foundation must accept that evidence before an award is due. A team that records the required 30-day average without completing those steps has not met the published grant conditions.
The one-payout rule also changes how a team may approach the target. Crossing the threshold qualifies a participant for one balance grant rather than a recurring payment for maintaining the same balance. The performance-based incentives are a different component and depend on growth terms in the private agreement. The public offer therefore combines a fixed competition for 10 balance grants with a separate incentive schedule that applicants cannot calculate from the announcement alone.
The additional performance-based incentives are less specific in the public documents. The terms say the later agreement will contain the $USDG holding requirements, the calculation method, and the consequences of non-performance. Accepted teams are expected to reinvest those incentives into growing $USDG adoption on their product. Operators therefore know the balance grant thresholds before applying, but they will not know the full economics of the separate performance incentives until they receive the agreement.
Who can apply The program covers decentralized exchanges, lending and borrowing markets, yield or vault products, and payment or settlement protocols. The Foundation can approve other categories in writing. A protocol must be live on Arbitrum One or intended for deployment there, and its smart contracts must have been audited by a reputable third party.
Applicants must maintain at least $1M in stablecoin balances when they apply and a monthly minimum of $1M throughout the program. They must support $USDG on Arbitrum One and designate it as their primary supported stablecoin. The announcement describes the target more broadly as stablecoin-centric protocols that use $USDG as their preferred stablecoin, collateral, or on-ramp asset.
Acceptance is discretionary. It does not guarantee funding or an agreement. Successful applicants must complete onboarding, including KYC and AML checks. Protocols already receiving an incentive, grant, or similar arrangement from ArbitrumDAO, the Foundation, the $USDG issuer, or a partner program are ineligible unless they disclose the arrangement and obtain written approval.
The final agreement may impose product and token exclusivity. The published terms say this can include deploying the protocol exclusively on Arbitrum, future product exclusivity, and token deployment exclusivity. That condition matters for multichain teams. The program offers liquidity support, but participation may constrain where a team launches later versions or tokens. The exact obligation will depend on the agreement sent after acceptance.
The starting point for USDG DefiLlama’s stablecoin API recorded $33.6 million of $USDG circulating on Arbitrum on October 17. Its Arbitrum series recorded $3.82 billion of dollar-pegged assets on the chain on the same date. The program’s $10M product-level target is therefore material relative to the $USDG already recorded on Arbitrum, while $USDG remains one asset within a much larger stablecoin market on the network.
USDG is fully backed and redeemable one-to-one for US dollars, according to the Global Dollar Network. Paxos Digital Singapore issues it under supervision of the Monetary Authority of Singapore. Paxos Issuance Europe also issues it under FIN-FSA supervision and in compliance with MiCA.
For a lending market or automated market maker, the practical commitment is more than listing another asset. The protocol must make $USDG primary, maintain its own $1M stablecoin minimum, and build enough sustained use to average $10 million in $USDG for 30 days if it wants the balance grant. For a payments product, the same rules apply even if $USDG enters through an on-ramp rather than a liquidity pool.
Applications are open through the Foundation’s form, with no closing date stated for general participation. The dated deadline applies to the balance grant pool. The next fixed milestone is 23:59 UTC on December 31, 2027, unless the 10 qualifying slots are filled first or the Foundation changes the pool. The unresolved variable for applicants is the private agreement, particularly its performance formula and any exclusivity requirement.
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.
On October 15, the Arbitrum Foundation launched its Stablecoin Growth Program for protocols holding stablecoin balances of no less than $1 million, requiring selected teams to designate USDG as their primary stablecoin on Arbitrum One. The program offers a 2 million ARB reward pool: the first 10 teams that achieve a 30-day average USDG balance of $10 million will each receive up to 200,000 ARB (capped at $200,000). The reward pool is valid through December 31, 2027, and each participant is eligible for only one reward.
Sui Network has reported more than $500 million in institutional commitments across its decentralized finance (DeFi) protocols, outlining new engagement in its ecosystem. The layer-1 blockchain continues to reinforce the Bitcoin blockchain as the foundational security reference for its contracts, while introducing expanded payment capabilities for autonomous agents leveraging stablecoins.
Institutional capital eyes Sui DeFi protocolsInstitutional investors have pledged capital intended for Sui-based DeFi products, with documented commitments surpassing $500 million. However, Sui Network has not disclosed the amount of liquidity deployed or detailed how many institutions are currently live on the platform. This distinction highlights that much of the announced figure represents intended rather than active participation.
Sui Network aims to attract larger players by enhancing security and usability in its DeFi protocols. In its recent update, the project points to the implemented Hashi protocol, designed to minimize operational barriers and build trust for institutional adoption. The contracts on Sui remain cryptographically linked to Bitcoin as an extra security layer, without supplanting the original chain’s role.
Sui’s approach ensures that the Bitcoin blockchain stands as the security anchor for contract verification, while Sui contracts maintain cryptographic rights tied to assets on Bitcoin. This design seeks to enable institutions to access DeFi products with enhanced audit, compliance, and custody assurances.
By combining Bitcoin’s established security model with Sui’s execution environment, institutions may address common risk concerns around verification and control. The network has yet to detail deployments linked to the $500 million figure, and actual market traction will depend on measurable liquidity, adoption rates, and transaction volumes over time.
Agent payments on Sui integrate USDC and Alibaba CloudSui Agent Payments now enables autonomous software agents to make on-chain payments in USDC for Alibaba Cloud’s AI and cloud services. Users can assign strict spending limits for these agents, allowing transactions to occur without need for repeated manual confirmations. Every individual payment settles on the Sui blockchain, offering transparency and programmable control.
The move aims to facilitate dynamic, usage-based billing models for enterprises and developers operating automated frameworks or requiring recurring, controlled access to cloud resources. Using USDC as a payment unit supports stable microtransactions aligned with real-time service consumption.
Market observers note that increased USDC transactional activity on Sui may not result in direct buy-side pressure for the SUI token, as its role is primarily limited to facilitating transaction fees. The network has not released figures for total transactions or enterprise user count related to this new integration.
Technical analysis by Bitguru highlights $0.85 to $0.90 as the primary support range for SUI. If buyers overcome descending resistance, the token could target the $1.30 to $1.40 region. Ongoing monitoring of market volume, open interest, and activity levels remains crucial for traders and analysts assessing recovery potential.
In the meme token segment, timely market tracking continues to play a vital role. An example from Fomo App demonstrates how an internet trend can rapidly turn a $99 investment in the “Niu Lai” meme token into approximately $370,000. Fomo App integrates token discovery, trading, investor rankings, and social feeds on one platform, making it essential for tracking both investor behavior and token selection in this rapidly evolving market.
Looking ahead, Sui Network’s ongoing development efforts appear focused on expanding use cases beyond token trading, with real-world payment integrations and institutional onramps currently in view. However, adoption rates and concrete transaction metrics will remain central points of scrutiny for users and market observers.
Fluxers! As promised in Four Years, Eighteen Minutes, the claim for FLUX held on Ergo is now open. If you held FLUX on the Ergo chain at the snapshot, you can move it 1:1 to the Flux main chain, with no fee, through Fusion in Zelcore.
Who can claim Every FLUX balance on Ergo at block 1,878,291 — 22:54:55 UTC on 21 September 2026 — is honored in full. You can check your own balance at ergo.runonflux.com, free and with no wallet connection.
The snapshot is final. FLUX acquired on Ergo after that block carries no claim, so please do not buy FLUX on Ergo.
How to claim Update Zelcore to version 8.39 or later. The migration arrives with this release. Open Fusion in Zelcore and choose the new migration option for FLUX on Ergo. Use the Ergo wallet that held your FLUX at the snapshot. Zelcore checks that the key matches the Ergo address before it goes any further, so a mismatched key is caught straight away rather than at the end. Choose the Flux address to receive it, and confirm. Your FLUX arrives on the Flux main chain, 1:1, with no migration fee.
Claims only inside Fusion This matters enough to say twice: claims are made only inside Fusion, in Zelcore. There is no separate claim website. If anything presents itself as a Flux–Ergo claim portal outside Fusion, it is a scam. Never paste your private key into a website or send it to anyone who offers to claim for you.
Snapshot and mining rewards, too Existing Fusion snapshot and mining claims for Ergo now pay out on the Flux main chain, to one of your Flux wallets. If you have not claimed them yet, there is nothing to rush: unclaimed balances remain claimable on the main chain.
Your other Ergo assets This claim covers FLUX. If you hold other tokens on Ergo, Zelcore also helps protect them: since version 8.38, it checks every Ergo wallet at login for boxes approaching the four-year storage-rent mark, and offers one tap to secure them in a box carrying enough ERG for decades of rent. We covered it in Zelcore 8.38.
Why the move Moving FLUX off Ergo is part of a larger plan already on the Flux roadmap: consolidating FLUX onto fewer, stronger chains, backed by a canonical mint-and-burn bridge with supply that can be verified on chain. We explained the full consolidation in Ten Chains Become Two.
Update Zelcore, open Fusion, and bring your FLUX home.
ZRO price has fallen back inside the sideways range it has held since early October. Sellers have rejected every attempt to hold above the first major resistance level. Momentum has cooled from overheated to neutral while the broader uptrend remains intact. LayerZero’s new post-quantum research arrived without lifting the price. The ZRO price traded near $1.90 on October 17, down 12.2% over 24 hours and 3.5% over the week, after another failed attempt to break out of the range it has held for two weeks. The drop came a day after LayerZero Labs released Aerie, research showing post-quantum signatures can be bundled in under a second on a laptop, and the selling looks more like profit-taking after a stretched autumn rally than a reaction to the research itself. With a market capitalization near $760 million, ZRO now sits roughly $0.10 above the support level that has anchored its whole consolidation.
A 250% run meets a wall at $2.06 ZRO/USD daily chart. Source: Alexander Stefanov / TradingView The ZRO price climbed about 250% in ten weeks, from an early-August low near $0.71 to an intraday peak of $2.48 on October 12. Since early October, however, price has moved sideways between roughly $1.80 and $2.25, and buyers have repeatedly failed to stay above $2.06, the first Fibonacci retracement level of the rally, which marks a point where traders commonly expect a pullback to pause or reverse. Long upper wicks on October 12 and October 16 show sellers absorbing every push higher, and the October 17 session, which opened at $2.05, fell more than 7% intraday and pushed price back below that level. On the downside, $1.80 has done its job so far, and the October 15 low tested that level almost exactly before bouncing.
Momentum cools while the trend holds The 14-day RSI peaked near 83 around October 6 and has since dropped to 53.6, meaning the token has moved from heavily overbought to neutral territory without the uptrend breaking. A mild bearish divergence tempers that reading, as price set a higher intraday high on October 12 while RSI made a lower high, a sign that each new push carries less buying force behind it. Trading volume was heaviest during the late-September breakout and has faded since, with selling days dominating the past week.
The longer-term structure still favors buyers, with price about 29% above the 50-day moving average at $1.48 and more than 50% above the 200-day average at $1.24, while the 50-day line crossed above the 200-day in early October, a pattern traders call a golden cross.
Level Price Why it matters Resistance $2.48 October 12 swing high Resistance $2.20-$2.25 Top of the range Resistance $2.06 0.236 retracement Support $1.80 Range floor, 0.382 Support $1.59 Halfway retracement Support $1.38-$1.48 0.618 and 50-day average Levels based on the ZRO/USD daily chart
Why Aerie did not move the price According to the LayerZero Aerie announcement, the system, built with a16z crypto research, Carnegie Mellon University and Imperial College London, aggregated 32,768 Falcon signatures in 0.65 seconds on an Apple M4 Max laptop without a GPU. Aggregation means merging thousands of validator approvals into one proof the network checks once, something today’s BLS signatures do natively but quantum-resistant schemes standardized by NIST cannot, which is why the result matters for proof-of-stake chains preparing for quantum computers. The Aerie research paper reports verification 38x faster than Orthus, the closest prior lattice-based system.
New from LayerZero Research: Aerie.
A new system capable of aggregating 32,000 post-quantum Falcon signatures in just 0.65 seconds on a MacBook Pro.
ML-DSA, NIST’s standardized default, is already working inside Aerie at high performance.https://t.co/IXm2vLB00X
— LayerZero (@LayerZero_Core) October 16, 2026
Research of this kind rarely moves a token on the day because it carries no deployment date, no revenue effect and no direct change to supply or demand for ZRO. Its value for holders runs through Zero, LayerZero’s upcoming layer-1 blockchain, where Akita, the commitment scheme Aerie builds on, is already slated to secure the Jolt proving system. Until Zero has a firm mainnet date, that connection is too distant to offset short-term profit-taking, which leaves the chart in charge of the near-term direction.
ZRO price paths from $1.80 If $1.80 holds and ZRO closes a day back above $2.06, the two-week range would look like a pause after a strong leg higher, putting $2.20 to $2.48 back in reach, while only a move through $2.48 on rising volume would confirm the rally is resuming. A daily close below $1.80 would break the range floor and open the way to $1.59, which would still count as a routine halfway pullback inside the uptrend. The decisive zone lies at $1.38 to $1.48, where the 0.618 level, the late-September breakout area and the rising 50-day average overlap, and losing it would put the whole August-to-October advance in doubt.
The next fundamental test is the ML-DSA benchmark LayerZero has promised but not yet published, since that scheme, finalized by NIST as FIPS 204, is NIST’s primary post-quantum signature standard and the default choice for most institutional deployments, and a strong result there would speak more directly to the institutional users Zero is courting.
Alex is a financial markets journalist and co-founder of Millennial Media Group, and he's spent close to ten years trying to answer one stubborn question: what's really driving this? It started in 2016, when Bitcoin refused to make sense to him - and rather than shrug, he stayed with it until it did. That patience became his method. He's less interested in what an asset is doing today than in the plumbing behind it: how liquidity flows, where risk hides, what a chart is quietly telling you that the headline isn't. That lens eventually stretched well past crypto into traditional markets, because the same forces - fear, leverage, incentives, timing - show up everywhere once you know how to look. Most coverage, in his view, insults the reader by stopping at the surface. Price up, price down, moving on. He'd rather leave someone genuinely understanding a move than merely informed that it happened. His path into markets ran through a Tourism degree at New Bulgarian University - proof, maybe, that curiosity beats credentials. With more than 200 deep analyses and over 10,000 articles behind him, he still walks away from most trading days having learned something he didn't know that morning.
Celestia ($TIA) and Injective ($INJ) lead a weak crypto market this week, with TIA up around 47% and INJ up about 26% as most top assets fall.
@celestia's $TIA token is one of the few major crypto assets posting real growth this week, up roughly 47% over seven days while most of the market struggles. @injective's $INJ has also performed well, with a weekly gain of around 26%.
Only eight other tokens in the top 100 by market capitalisation are in the green over the week, including @Monero $XMR and @aeroxyz $AERO.
Celestia rally tied to Eden launchWeekly gain figures for Celestia vary by data provider. FXStreet reported that TIA gained 57% on the week to reach $0.75, its highest level since November 2025. FXStreet linked the move to the launch of Eden, a new EVM-compatible chain for experimenting with AI agents. Eden relies on Celestia for data availability and uses TIA as its native token.
Not every analyst sees the rally as fully backed by usage. Crypto News Flash reported that TIA was up about 49% in a week, while the amount of data posted to Celestia fell by about 26% over a similar period and futures open interest rose sharply. It argued the market appears to be pricing in products that are still experimental.
Injective draws institutional interestInjective's gain also differs slightly by source. FXStreet put INJ's weekly rise at 25%, while Coindoo cited CoinMarketCap data showing a seven-day gain of 29.65%, which ranked INJ sixth among the top 200 cryptocurrencies by market capitalisation.
FXStreet said the rise could be tied to institutional interest in the project. It noted that asset manager 21Shares filed for an Injective exchange-traded fund that would hold the token directly and allow staking, followed by a Canary product. It also said Gulf Labs joined the network as an institutional validator.
Separately, Coin Edition reported that CoinGecko attributed a 32.3% weekly gain to meetings between Injective's CEO and White House, SEC and CFTC officials, a staker vote on fixed gas fees, and the project's revenue to fully diluted value ratio. Coin Edition noted these were CoinGecko's explanations rather than confirmed causes.
The divergence between a handful of strong performers and the wider market underlines how selective buying has been this week. FXStreet said the broader market faced heightened volatility as hot wholesale and consumer inflation data pressured major tokens including $BTC.
Sources:
FXStreet: Top 7 crypto gainers this weekCrypto News Flash: TIA price and Celestia usageCoindoo: Injective ranks among top weekly gainers
Solana ecosystem governance tokens Raydium (RAY), Jupiter (JUP) and Pump.fun (PUMP) have dropped 18% to 21% this week as a broader crypto selloff hits high-beta altcoins.
Solana ecosystem tokens are among the weakest performers in a soft crypto market this week. Few assets have posted gains, but several governance tokens tied to major @Solana protocols have fallen further than most.
@Raydium $RAY is down 21%, @JupiterExchange $JUP has lost 20%, and @Pumpfun $PUMP has dropped 18%. Together, the three tokens represent core parts of Solana's trading and token-launch infrastructure.
Macro pressure hits high-beta altcoinsThe declines follow a wider risk-off move. , according to CoinMarketCap. The same analysis said .
CoinMarketCap also noted that . That pattern fits this week's data. $SOL has fallen more slowly than its ecosystem tokens, and , according to a Cryptonews analysis.
Network activity has softenedOn-chain data points to cooler participation. Cryptonews reported that . The same report said .
The three tokens are closely linked. A Gate research note describes . When memecoin speculation cools, activity across all three can slow together. Changelly's market overview makes a similar point, noting that .
Jupiter's recent product launch adds another factor. Cryptonews reported that . CoinMarketCap described the product as notable but .
Whether the Solana ecosystem tokens stabilise will likely depend on broader market sentiment and a recovery in on-chain activity. Price figures are moving quickly, so readers should check live data before making decisions.
Sources:
CoinMarketCap: Jupiter (JUP) down amid broad crypto selloffCryptonews: CPI shock complicates Solana's $100 test as network activity slumpsGate: Analyzing the ecosystem competition behind PUMP, Jupiter and Raydium
ShapeShift is trying to fix that for Starknet users. The multichain swap aggregator now supports Starknet, letting users complete a trade in one swap with no bridge step.
ShapeShift announced the integration on October 16, 2026. Starknet amplified the news a day later, on October 17, 2026, describing the network as now available on the platform.
What the integration actually does The core change is about friction. Before this, getting value into or out of Starknet through a typical route meant two separate actions: bridging first, then swapping.
Now the platform handles it as a single trade. You pick what you have and what you want, and ShapeShift does the routing behind the scenes.
The integration also involved updates to ShapeShift’s technical configurations to support the new network. The announcement did not name specific tokens or trading pairs included in the launch.
Who’s involved Starknet is an Ethereum Layer 2 scaling solution built on zk-STARK technology. Layer 2 networks process transactions off Ethereum’s main chain and then settle back to it, aiming for lower costs and higher throughput.
Starknet has positioned itself around three priorities: scalability, privacy, and interoperability. The ShapeShift integration lines up most directly with the third one.
ShapeShift has been in development since 2014. Today it operates as a community-led multichain swap aggregator. An aggregator does not hold all the liquidity itself. Instead it searches across sources to find a route for a trade.
The platform already supports multiple chains and has recently leaned further into interoperability. In September 2026, ShapeShift released its swap stack as a free widget and API for developers.
That earlier move is relevant context. If developers embed ShapeShift’s swap tooling in their own apps, any new chain ShapeShift supports could potentially travel further than ShapeShift’s own interface.
Why this matters for Starknet and its users For Starknet, the bigger prize is access. Layer 2 networks compete partly on how easy it is to get money in and out of them.
Plugging into an established multichain aggregator puts Starknet in front of users who may not have gone looking for it. Someone already using ShapeShift for other chains now sees Starknet as just another destination on the menu.
Removing the bridging step could encourage more frequent and smaller transactions, since the overhead of each trade drops. The integration could also lift trading volume on ShapeShift’s platform and user engagement on Starknet. The announcement did not include any volume or usage figures.
The bigger interoperability picture For traders and investors watching Starknet, the practical signals to monitor are straightforward. Look for changes in Starknet transaction volumes and for any data ShapeShift shares on Starknet-related activity.
Watch, too, whether developers using ShapeShift’s free widget and API start surfacing Starknet swaps inside their own products. That would be the clearest sign the integration is spreading beyond a single front end.
The open question is which assets and pairs see real use once the novelty fades. The announcement left those specifics out, so actual trading behavior over the coming weeks will tell the more useful story.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Elon Musk: The only way to resolve the U.S. debt crisis is AI and robots.
Elon Musk stated that the government efficiency department (DOGE) reform he led ultimately came to nothing, proving "we simply cannot solve the fiscal deficit problem from within the government at all." Musk emphasized that "the only way to address the U.S. national debt is through artificial intelligence and robots," adding that "austerity measures alone cannot fix this problem." His remarks effectively acknowledge that the DOGE reform failed to meet expectations, while also suggesting a future administration could leverage increasingly capable AI to attempt resolving the issue again. Musk noted that neither the president, the House of Representatives, the Senate, nor the judiciary has the willingness to cut spending. He admitted he "went too far in some respects," having spent too much time away from his companies. "I should have stayed more behind the scenes... and this effort could have lasted just one or two months, rather than the four months I actually spent formally serving at the White House. I should have returned earlier to refocus on artificial intelligence," he said. (AXIOS)
3 minutes ago
The largest long position holder of STRK has an unrealized loss of $1.01 million.
Hyperliquid’s STRK contract is currently trading at $0.0665, down approximately 13% from the prior day’s reference price. Two whale addresses holding STRK long positions have incurred large unrealized and liquidation losses respectively. The largest STRK long address, 0xd978…2fd9, holds around 64.2 million STRK in long positions, with a position value of roughly $4.25 million, using 5x cross leverage, and currently has an unrealized loss of about $1.019 million, resulting in a position return of approximately -96%. Separately, the STRK long positions of address 0x3392…d367 were liquidated tonight: around 21.36 million tokens were forcibly closed, valued at ~$1.466 million, with a realized loss of ~$207,000. The address subsequently opened ~4.79 million new STRK long positions, with a latest position value of ~$319,000, using 5x isolated leverage, and a liquidation price of ~$0.059.
3 minutes ago
UNCX discloses cross-chain attack on Smart Token Vesting V2, resulting in approximately $807,600 in losses.
According to an official incident report from UNCX Network, on October 14, attackers exploited a set of public vesting operations of Smart Token Vesting V2 to create a mismatch between the pool’s token balance and recorded shares, enabling controlled positions to withdraw excess tokens. The attack impacted four blockchains: Ethereum, BNB Chain, Base, and Robinhood, involving 10 tokens, with 11 confirmed withdrawal transactions. The verified economic value totals approximately $807,600, of which BNB Chain accounts for about $567,500. All involved contract calls did not utilize administrator privileges. Post-incident, white hats have returned 82,143,500 X tokens and 23.8682 ETH, with no major tokens remaining to be disposed of at this time.
3 minutes ago
The team behind Trump reaped $779 million to $1.16 billion in profits from crypto buyers, while the buyers have suffered 97% losses.
CryptoQuant founder Ki Young Ju published a post noting that the team behind the TRUMP crypto token generated a profit of $779 million to $1.16 billion from token holders, while buyers of the token incurred a 97% loss.
3 minutes ago
Shanghai Solana Enterprise Management Co., Ltd. has been registered, with Du Yanjing, co-head of Solana China, serving as its legal representative.
According to Qichacha, Shanghai Solana Enterprise Management Co., Ltd. was registered in June this year with a registered capital of 5 million yuan. Claire Du (Du Yanjing), co-head of Solana China, serves as its legal representative. Separately, Shanghai Yaokun Qiusuo Digital Technology Co., Ltd. was established in August this year with a registered capital of 10 million yuan, with Shanghai Solana Enterprise Management holding a 45% stake in the latter. Even Jiang (Jiang Yiwen), co-head of Solana Foundation’s China region, is chairman of Yaokun Qiusuo, while Du Yanjing acts as a director. Public information indicates Yaokun Qiusuo’s core business includes technical services, development, consulting, exchange, transfer and promotion; computer system services; information system integration services; information technology consulting; data processing services; internet data services; IoT technology services; wholesale of computer software, hardware and auxiliary equipment; information consulting services (excluding licensed services); enterprise management consulting; financial consulting; and conference and exhibition services (overseas exhibitions require approval from relevant authorities). It should be noted that "Solana" is a name adopted by a sole proprietorship, and there is currently no equity evidence linking the two companies to the Solana Foundation. This week, Solana team members shared photos announcing the opening of an office in Shanghai, China.
3 minutes ago
Arthur Hayes: The so-called crypto quantum threat is "nonsense", users only need to focus on wallet management.
In a recent interview with The Rollup, Arthur Hayes dismissed the so-called crypto quantum threat as "bullshit"—exaggerated and overblown, framing it as a known, manageable risk rather than a reason to sell assets. Hayes emphasized that effective protection hinges on wallet hygiene practices, such as avoiding address reuse and using updated signature types, noting that most risks are concentrated among users with poor address management. He does not view quantum computing as a current catalyst for panic or selling Bitcoin.
Elon Musk: The only way to resolve the U.S. debt crisis is AI and robots.
Elon Musk stated that the government efficiency department (DOGE) reform he led ultimately came to nothing, proving "we simply cannot solve the fiscal deficit problem from within the government at all." Musk emphasized that "the only way to address the U.S. national debt is through artificial intelligence and robots," adding that "austerity measures alone cannot fix this problem." His remarks effectively acknowledge that the DOGE reform failed to meet expectations, while also suggesting a future administration could leverage increasingly capable AI to attempt resolving the issue again. Musk noted that neither the president, the House of Representatives, the Senate, nor the judiciary has the willingness to cut spending. He admitted he "went too far in some respects," having spent too much time away from his companies. "I should have stayed more behind the scenes... and this effort could have lasted just one or two months, rather than the four months I actually spent formally serving at the White House. I should have returned earlier to refocus on artificial intelligence," he said. (AXIOS)
3 minutes ago
UNCX discloses cross-chain attack on Smart Token Vesting V2, resulting in approximately $807,600 in losses.
According to an official incident report from UNCX Network, on October 14, attackers exploited a set of public vesting operations of Smart Token Vesting V2 to create a mismatch between the pool’s token balance and recorded shares, enabling controlled positions to withdraw excess tokens. The attack impacted four blockchains: Ethereum, BNB Chain, Base, and Robinhood, involving 10 tokens, with 11 confirmed withdrawal transactions. The verified economic value totals approximately $807,600, of which BNB Chain accounts for about $567,500. All involved contract calls did not utilize administrator privileges. Post-incident, white hats have returned 82,143,500 X tokens and 23.8682 ETH, with no major tokens remaining to be disposed of at this time.
3 minutes ago
The team behind Trump reaped $779 million to $1.16 billion in profits from crypto buyers, while the buyers have suffered 97% losses.
CryptoQuant founder Ki Young Ju published a post noting that the team behind the TRUMP crypto token generated a profit of $779 million to $1.16 billion from token holders, while buyers of the token incurred a 97% loss.
3 minutes ago
Shanghai Solana Enterprise Management Co., Ltd. has been registered, with Du Yanjing, co-head of Solana China, serving as its legal representative.
According to Qichacha, Shanghai Solana Enterprise Management Co., Ltd. was registered in June this year with a registered capital of 5 million yuan. Claire Du (Du Yanjing), co-head of Solana China, serves as its legal representative. Separately, Shanghai Yaokun Qiusuo Digital Technology Co., Ltd. was established in August this year with a registered capital of 10 million yuan, with Shanghai Solana Enterprise Management holding a 45% stake in the latter. Even Jiang (Jiang Yiwen), co-head of Solana Foundation’s China region, is chairman of Yaokun Qiusuo, while Du Yanjing acts as a director. Public information indicates Yaokun Qiusuo’s core business includes technical services, development, consulting, exchange, transfer and promotion; computer system services; information system integration services; information technology consulting; data processing services; internet data services; IoT technology services; wholesale of computer software, hardware and auxiliary equipment; information consulting services (excluding licensed services); enterprise management consulting; financial consulting; and conference and exhibition services (overseas exhibitions require approval from relevant authorities). It should be noted that "Solana" is a name adopted by a sole proprietorship, and there is currently no equity evidence linking the two companies to the Solana Foundation. This week, Solana team members shared photos announcing the opening of an office in Shanghai, China.
3 minutes ago
Arthur Hayes: The so-called crypto quantum threat is "nonsense", users only need to focus on wallet management.
In a recent interview with The Rollup, Arthur Hayes dismissed the so-called crypto quantum threat as "bullshit"—exaggerated and overblown, framing it as a known, manageable risk rather than a reason to sell assets. Hayes emphasized that effective protection hinges on wallet hygiene practices, such as avoiding address reuse and using updated signature types, noting that most risks are concentrated among users with poor address management. He does not view quantum computing as a current catalyst for panic or selling Bitcoin.
3 minutes ago
Thai police arrested a Chinese fugitive wanted by China on suspicion of money laundering and crypto transactions in Bangkok.
According to Thai media outlet Khaosod English, Thai immigration police recently arrested a 37-year-old Chinese national in Bangkok. The man is wanted by Chinese police on suspicion of involvement in a transnational criminal network and money laundering. Police said the criminal network in question involved transactions exceeding 500 million yuan (approximately 2.485 billion Thai baht). The suspect is alleged to have processed cryptocurrency and foreign exchange transactions for the criminal group via more than 133 accounts, and assisted members of the transnational criminal network in obtaining visas. Police added that the suspect evaded manhunts by falsifying residence registration documents, changing license plates, and altering vehicle appearances, before finally being apprehended at a luxury residence in Bangkok. Thai authorities will handle his overstay issues in accordance with the law and coordinate his deportation back to China for investigation.
Pump.fun has introduced a Hyperliquid-powered perpetual futures interface, with published fees of up to 0.10% per order and access restrictions covering the United States and Ontario.
Summary
Pump.fun has introduced perpetual futures trading through Hyperliquid’s infrastructure. Published fees reach 0.10% per order and 0.25% per bridge transfer. Hyperliquid handles orders, margin, funding payments, liquidations, and settlement. The perpetual trading feature restricts access for users in the United States and Ontario. Pump.fun’s terms, updated Oct. 17, describe the service as a software interface that sends signed trading instructions to Hyperliquid. The protocol handles orders, margin, funding, liquidations and settlement, while Pump.fun says it does not act as the counterparty.
Pump.fun perpetuals follow earlier trading-data discovery The platform’s public website now lists a Perps section alongside its existing trading products. Its accessible market page displayed a market table during this review, although individual contract details did not load.
Reporting on Oct. 16 put the maximum leverage at 40 times for Bitcoin and 25 times for Ether. CoinLaw attributed those figures to a Pump.fun application data response identified on Oct. 9, which contained prices, funding rates, open interest, and trading volumes.
The earlier data discovery and the current published product documents establish different stages of the rollout. CoinLaw’s report cautioned that the application data alone did not establish whether users could place orders.
Published fees cover orders and bridge transfers Pump.fun’s fee schedule sets a builder fee of up to 0.10% of each order’s notional value, covering orders that open, add to, or close a position. Users approve that fee by signature when first using the service, and the charge appears separately before order confirmation.
A second charge applies when customers move assets through the bridge available in the app. Pump.fun lists a fee of up to 0.25% per transfer to or from Hyperliquid, charged on top of the bridge operator’s own fees.
The schedule says the app may combine those two bridge charges into one displayed figure. Hyperliquid’s trading and funding charges remain separate, as does its one-time account activation fee, which the protocol deducts from the first deposit.
Pump.fun explicitly excludes perpetual orders from its general Platform Fee. The same page lists that general charge at 0.45% for wallets without a referral code and 0.40% for wallets with another user’s code.
The documented rates are ceilings, not confirmation that every order or transfer will incur the maximum.
At the published maximum rates, a $10,000 order would carry a $10 builder fee, while a $1,000 bridge transfer would carry a $2.50 Pump.fun transfer fee. Those calculations exclude third-party charges and do not establish the rate applied to a particular customer.
HyperEVM trading preceded the derivatives integration Before the derivatives integration, Pump.fun added trading for HyperEVM tokens against USDC on Aug. 26, as crypto.news previously reported. The announcement covered existing tokens on HyperEVM, Hyperliquid’s Ethereum-compatible smart-contract environment.
Pump.fun described the earlier offering as carrying close to zero trading fees and providing referral rewards. Its announcement did not publish an exact fee schedule, so the August description should not be applied to the newly documented perpetual product.
Hyperliquid’s documentation identifies HyperEVM as part of the same blockchain as HyperCore, which operates the network’s spot and perpetual order books. HYPE pays transaction costs in the smart-contract environment.
The August coverage recorded $12.43 billion in daily perpetual trading volume and $82.47 billion over seven days, citing DefiLlama. Both figures describe activity at that historical snapshot, not available liquidity or current trading volume.
Revenue figures capture the businesses before integration CoinGecko’s revenue comparison offers a separate view of the two businesses before the integration. Its figures through Sep. 15 placed Hyperliquid at $429.04 million and Pump.fun at $322.21 million.
The study ranked Hyperliquid first and Pump.fun second in its adjusted comparison, which excluded Tether, Circle and Grayscale. According to the study, the pair generated a combined $751.25 million, representing 22.10% of the comparison pool.
Pump.fun’s revenue came mainly from token creation and trading fees linked to its Solana launchpad, the September coverage said. Hyperliquid’s revenue came from its trading business, with fees supporting community mechanisms that include HYPE purchases through the Assistance Fund.
CoinGecko treated the ranking as a fixed year-to-date snapshot. It did not capture the full month of September or establish either platform’s revenue after the perpetual interface appeared.
US restrictions remain separate from energy-perpetual proposals Pump.fun’s terms prohibit the perpetual feature for specified people and entities in the United States, including its territories, and Ontario. The restrictions extend to sanctioned parties and people acting on behalf of prohibited users.
The terms warn that leveraged positions can lose all posted collateral and that Hyperliquid can liquidate positions automatically.
Separate from Pump.fun’s product, Hyperliquid Policy Center and trade[XYZ] submitted an Aug. 26 filing seeking a regulated U.S. route for energy perpetuals. Their request covered West Texas Intermediate crude, Brent crude, and Henry Hub natural gas.
The filing responded to a CFTC review of continuous energy futures trading and perpetual contracts tied to physical or storable commodities. The groups argued that existing regulatory authority could accommodate the products without new legislation.
According to the filing, trade[XYZ] had operated markets on Hyperliquid since October 2025 and recorded more than $500 billion in cumulative volume across several asset classes. The submission proposed stablecoin margin, leverage limits, and regulated onchain market infrastructure.
Bloomberg senior commodity strategist Mike McGlone wrote in a post yesterday that a 20% pullback in U.S. stocks could push Bitcoin toward the $10,000 support level. "The first cryptocurrency (BTC), launched in 2009, led the rally in risk assets, but Bitcoin’s 2025 peak above $100,000, gold’s rise to over $5,000 in Q1, and most central banks turning cautious amid surging government bond yields may signal the end of this cycle," he noted. In response, crypto analyst Darkfost countered that a 20% U.S. stock pullback has never historically aligned with a roughly 92% drop in Bitcoin from its highs, so he deemed the price target "highly unlikely."
From both short- and long-term perspectives, these two headlines could not have come at a better time.
First, Germany’s largest bank, Deutsche Bank, is preparing to launch crypto custody services. According to Reuters, the bank is just a few weeks away from launching the service in Germany. It will initially support Bitcoin and Ethereum, before moving on to stablecoins and eventually Asian markets in 2027.
That’s not all though as $13 trillion financial giant Charles Schwab has also officially launched Bitcoin and Ethereum trading for eligible clients. In this particular case, about 40 million accounts will be able to access BTC and ETH on the same platform where they trade stocks and bonds.
Source: X Collectively, these developments further reinforce the ongoing convergence of TradFi and DeFi, which is ultimately a signal that crypto is on the verge of becoming a mainstream investment category.
On a technical level, however, the institutional adoption comes at a time when Bitcoin is having difficulty holding above the psychologically important $80K-level. Meanwhile, Spot Bitcoin ETFs turned negative on the day as BlackRock alone reported four days of net outflows in the span of just one week, adding pressure to an already uncertain market setup.
Against this background, these developments could help Bitcoin hold key psychological levels in the short term. However, the bigger question is what Deutsche Bank and Charles Schwab have planned next for their crypto push.
According to AMBCrypto, their long-term digital asset strategies could define Bitcoin’s [BTC] institutional momentum in Q4.
Bitcoin vs. TradFi – Is institutional adoption reshaping the market cycle? Two major TradFi players expanding their crypto services at the same time is hard to overlook.
According to AMBCrypto, the timing is particularly interesting. Despite the recent risk-off sentiment, Bitcoin closed out Q3 strongly on the back of institutional demand. Spot BTC ETFs saw over $6 billion in net inflows, marking the best quarterly performance of the year thus far. In this context, Charles Schwab opening BTC trading to 40 million accounts could further boost institutional and retail access to crypto.
The chart below highlighted another key trend. Despite macro FUD and rate hikes by the Federal Reserve, Bitcoin climbed by over 40% in Q3, compared to only 0.8% of the Nasdaq. This meant that BTC delivered a much better performance than the stock market, making it even more attractive to institutional investors.
Source: TradingView In essence, heavyweights are looking to benefit from BTC’s growing outperformance over TradFi markets.
This trend will become more relevant as macroeconomic uncertainty rises in the near term. With U.S mid-term elections approaching, AI boom, and inflation pressures, the performance of BTC against the traditional market indexes can widen even more.
With this in mind, Deutsche Bank and Charles Schwab’s crypto expansion will boost institutional access to BTC. This could contribute to Bitcoin’s Q4 outlook as its outperformance to TradFi continues to gain attention.
Final Summary Deutsche Bank and Charles Schwab are expanding their crypto services, bringing Bitcoin to more investors. Bitcoin’s reported 40%+ Q3 rally versus the Nasdaq’s 0.8% gains highlights its relative strength, making it a key Q4 trend.
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.
Bitcoin price faced renewed pressure on October 17 as inflation concerns, regional tensions, and fund withdrawals weakened market sentiment. BTC price is still recovering to the all-time lows last month, and is steadily moving toward the psychological mark of $80,000.
The crypto markte fell by 0.93% over the past 24 hours to $2.74 trillion. Fear and Greed Index went down to 49 compared to 57 last week and this is neutral.
US-Iran War Raises Concerns Over Hormuz Shipping Security The IRGC just targeted a US ship with a massive attack in the Strait of Hormuz. The Strait of Hormuz will be closed and any ship trying to cross will be set on fire.
Iran’s IRGC just launched a massive attack on a US ship in the Strait of Hormuz.
The Strait of Hormuz is closed and ships attempting to cross will be burned.
You have been warned. https://t.co/lkrFTex9NB
— Mojtaba Khamenei Commentary (@MojtabaKhamen) October 17, 2026
U.S. Central Command commander Admiral Brad Cooper said American forces and regional partners maintained control of the strategic waterway. He said approximately 400 commercial vessels crossed during the previous week, contradicting claims that Hormuz had completely closed.
Cooper also said U.S. operations had prevented at least $25 billion in Iranian crude exports. Further disruption could lift energy prices, potentially sustaining inflation and reducing investors’ appetite for cryptocurrencies.
U.S. annual consumer inflation reached 3.7% in September, adding pressure to an already fragile market.
Bitcoin And Ethereum ETFs Record Fresh Investor Withdrawals The total net outflows of all U.S. spot Bitcoin ETFs reached $82.39 million on October 16, per SoSoValue data. Most of the withdrawals during the session were in the form of BlackRock’s IBIT valued at $71.78 million.
Every dollar of Ethereum outflow was from BlackRock’s ETHA, whose funds lost $69.68 million, continuing a streak of three sessions of outflows.
Spot Bitcoin ETFs Recorded $82.39 Million in Net Outflows, While Spot Ethereum ETFs Saw $69.68 Million in Net Outflows on October 16 (ET)
On October 16 (ET), spot Bitcoin ETFs recorded total net outflows of $82.39 million, led by BlackRock’s IBIT with $71.78 million in net outflows. Spot Ethereum ETFs recorded total net outflows of $69.68 million, marking their third consecutive day of net outflows, with all of the day’s net outflows coming from BlackRock’s ETHA.
— Wu Blockchain (@WuBlockchain) October 17, 2026
Earlier selling coincided with $974 million in liquidations and nearly $1 billion in ETF withdrawals during October.
Will Bitcoin Price Break Below $80k Soon? BTC price traded at $81,568 on a four-hour chart dated October 17, 2026, as Bitcoin struggled below resistance. The Bitcoin price has been moving in a trading range between the $80,000 support and $82,000 resistance level since the price pull from the higher levels around $87,000.
The relative strength index was 44, a bit below the 50 level, indicating less buying pressure.
The MACD also had a bearish trend, with the main line reading at -332.25. It had a signal line of minus 331.59 and a histogram of minus 0.65 with very little difference between the two.
A four-hour closing Bitcoin price above $82,000 would constitute an initial recovery, and support would have to hold during a subsequent test. If that occurs, the Bitcoin long-range prediction will be a move for $83,500–$84,000, where recent rebounds had to deal with selling pressure.
BTC/USDT 4-Hour chart: TradingView On the downside, rejection near $82,000 would leave Bitcoin price vulnerable to another test of the chart’s $80,000 support. A decisive four-hour close below that boundary could shift attention toward $78,000, where earlier trading activity formed a price cluster.
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.
The largest long position holder of STRK has an unrealized loss of $1.01 million.
Hyperliquid’s STRK contract is currently trading at $0.0665, down approximately 13% from the prior day’s reference price. Two whale addresses holding STRK long positions have incurred large unrealized and liquidation losses respectively. The largest STRK long address, 0xd978…2fd9, holds around 64.2 million STRK in long positions, with a position value of roughly $4.25 million, using 5x cross leverage, and currently has an unrealized loss of about $1.019 million, resulting in a position return of approximately -96%. Separately, the STRK long positions of address 0x3392…d367 were liquidated tonight: around 21.36 million tokens were forcibly closed, valued at ~$1.466 million, with a realized loss of ~$207,000. The address subsequently opened ~4.79 million new STRK long positions, with a latest position value of ~$319,000, using 5x isolated leverage, and a liquidation price of ~$0.059.
19 minutes ago
UNCX discloses cross-chain attack on Smart Token Vesting V2, resulting in approximately $807,600 in losses.
According to an official incident report from UNCX Network, on October 14, attackers exploited a set of public vesting operations of Smart Token Vesting V2 to create a mismatch between the pool’s token balance and recorded shares, enabling controlled positions to withdraw excess tokens. The attack impacted four blockchains: Ethereum, BNB Chain, Base, and Robinhood, involving 10 tokens, with 11 confirmed withdrawal transactions. The verified economic value totals approximately $807,600, of which BNB Chain accounts for about $567,500. All involved contract calls did not utilize administrator privileges. Post-incident, white hats have returned 82,143,500 X tokens and 23.8682 ETH, with no major tokens remaining to be disposed of at this time.
19 minutes ago
The team behind Trump reaped $779 million to $1.16 billion in profits from crypto buyers, while the buyers have suffered 97% losses.
CryptoQuant founder Ki Young Ju published a post noting that the team behind the TRUMP crypto token generated a profit of $779 million to $1.16 billion from token holders, while buyers of the token incurred a 97% loss.
19 minutes ago
Shanghai Solana Enterprise Management Co., Ltd. has been registered, with Du Yanjing, co-head of Solana China, serving as its legal representative.
According to Qichacha, Shanghai Solana Enterprise Management Co., Ltd. was registered in June this year with a registered capital of 5 million yuan. Claire Du (Du Yanjing), co-head of Solana China, serves as its legal representative. Separately, Shanghai Yaokun Qiusuo Digital Technology Co., Ltd. was established in August this year with a registered capital of 10 million yuan, with Shanghai Solana Enterprise Management holding a 45% stake in the latter. Even Jiang (Jiang Yiwen), co-head of Solana Foundation’s China region, is chairman of Yaokun Qiusuo, while Du Yanjing acts as a director. Public information indicates Yaokun Qiusuo’s core business includes technical services, development, consulting, exchange, transfer and promotion; computer system services; information system integration services; information technology consulting; data processing services; internet data services; IoT technology services; wholesale of computer software, hardware and auxiliary equipment; information consulting services (excluding licensed services); enterprise management consulting; financial consulting; and conference and exhibition services (overseas exhibitions require approval from relevant authorities). It should be noted that "Solana" is a name adopted by a sole proprietorship, and there is currently no equity evidence linking the two companies to the Solana Foundation. This week, Solana team members shared photos announcing the opening of an office in Shanghai, China.
19 minutes ago
Thai police arrested a Chinese fugitive wanted by China on suspicion of money laundering and crypto transactions in Bangkok.
According to Thai media outlet Khaosod English, Thai immigration police recently arrested a 37-year-old Chinese national in Bangkok. The man is wanted by Chinese police on suspicion of involvement in a transnational criminal network and money laundering. Police said the criminal network in question involved transactions exceeding 500 million yuan (approximately 2.485 billion Thai baht). The suspect is alleged to have processed cryptocurrency and foreign exchange transactions for the criminal group via more than 133 accounts, and assisted members of the transnational criminal network in obtaining visas. Police added that the suspect evaded manhunts by falsifying residence registration documents, changing license plates, and altering vehicle appearances, before finally being apprehended at a luxury residence in Bangkok. Thai authorities will handle his overstay issues in accordance with the law and coordinate his deportation back to China for investigation.
19 minutes ago
The case of Holograph’s illegal additional issuance of 1 billion tokens has opened in Paris, involving approximately $14 million.
Holograph (HLG)’s 2024 illegal issuance of 1 billion tokens went to trial on October 16 in Paris, with the case involving approximately $14 million at the time. Among the three defendants, the main suspect is a Ukrainian former Holograph employee residing in France, accused of modifying token creation conditions to illegally mint 1 billion HLG, transferring them to a personal wallet, and moving the funds via multiple exchange accounts with accomplices. A lawyer for the Holograph Foundation told the court that the incident caused the project to lose client trust, has now come to a complete halt, and the foundation is preparing for liquidation.
For 25 years, one suspicion haunted the mathematics protecting much of the internet: had the NSA secretly built a way to crack it? Now, an AI model may have weakened that theory. And Bitcoin’s creator is suddenly part of the argument.
On Friday, Anthropic revealed that its Claude AI model solved a mystery that had baffled cryptographers for decades—in less than 30 minutes.
What Did Claude Discover About the NSA?The controversy concerned elliptic curves, mathematical rules used to verify digital signatures without revealing private keys.
In 2000, US standards body NIST adopted several curves containing starting numbers supplied by the NSA.
Nobody explained where those numbers came from. Researchers feared the agency might have deliberately selected them to create a hidden weakness, or backdoor.
Claude traced five sets of numbers to an ordinary computer program that generated random-looking values using clock times from 1997 and 1998.
Anyone can now reproduce the results.
“In fact, this makes us more confident the curves were chosen without any backdoors or intentional weaknesses,” Anthropic said.
The finding earned a $36,864 bounty, which will go to charity.
However, questions remain about why certain numbers were skipped. The discovery makes deliberate manipulation less likely, without ruling it out completely.
Was Satoshi Wrong to Avoid the NSA Curves?Bitcoin uses a different curve, called secp256k1. Its design uses simple, publicly understood numbers, leaving little room to conceal suspicious choices.
Satoshi Nakamoto never publicly explained why he chose it.
After Edward Snowden’s 2013 leaks exposed NSA efforts to weaken a separate encryption standard, Bitcoin’s approach gained credibility.
Ledger co-founder Nicolas Bacca reacted with “checkmate Satoshi,” arguing that the industry had avoided NSA curves in favor of a more complex alternative.
Yes but we lost so much time to end up on a more complex curve … which was the joke
— Nicolas Bacca (@BTChip) October 16, 2026 Blockstream CEO Adam Back pushed back, blaming the NSA for failing to explain its choices.
For Bitcoin holders, the practical answer is simple: nothing has changed.
Claude found no weakness in Bitcoin. Its underlying cryptography remains secure against known practical attacks.
That's NSA fault for not revealing through reproducible steps to generate their NIST published curves.
— Adam Back (@adam3us) October 17, 2026 The bigger long-term concern remains quantum computing, which could eventually threaten both Bitcoin and traditional cryptographic systems.
Sui Network reported more than $500 million in institutional commitments for its DeFi protocols, but it did not disclose deployed liquidity or adoption figures.
The Bitcoin blockchain remains the security reference for Sui contracts, which carry cryptographic rights tied to Bitcoin rather than replacing the original chain.
Sui Agent Payments lets autonomous agents pay Alibaba Cloud for AI and cloud service calls in USDC, with users defining spending limits beforehand.
Sui market analysts cited $0.85 to $0.90 as SUI support and a possible $1.30 to $1.40 range if buyers clear descending resistance.
Sui Network has issued new institutional and payments updates aimed at decentralized finance. The layer-1 blockchain said it has exceeded $500 million in institutional commitments across its DeFi protocols. Its latest updates also place the Bitcoin blockchain at the center of contract design. Separately, Sui Agent Payments now lets autonomous software purchase Alibaba Cloud services with USDC.
Every payment settles on Sui, while users set spending limits before agents act. The announcements broaden the project’s use cases beyond token trading. They do not, however, establish immediate demand for the SUI token. Adoption, transaction activity, and enterprise use determine eventual impact.
Sui Network Contracts Reinforce Bitcoin’s Role in DeFi
The reported commitment figure represents capital intended for Sui-based DeFi products. It does not automatically show deployed liquidity or daily trading volume. Still, it signals that institutional participants are exploring the network’s financial infrastructure.
$BTC stays on the Bitcoin blockchain. Sui contracts hold the cryptographic rights.
Hashi removes the friction holding institutions back from DeFi.
With trust-minimized guarantees, the protocol has now surpassed $500 million in commitments. pic.twitter.com/PRqJavxCtQ
— Sui (@SuiNetwork) October 16, 2026
The Hashi protocol sits within that effort. Sui Network presents it as a way to reduce procedural barriers around institutional DeFi activity. The stated goal is to improve trust, efficiency, and operational coordination for larger participants.
Bitcoin forms the security reference for the contract side of the announcement. Sui contracts hold cryptographic rights connected to Bitcoin, preserving a link to the original blockchain. That design aims to let participants use Bitcoin-related value without treating Sui as a replacement for Bitcoin.
The Bitcoin blockchain therefore remains the verification anchor in this model. For institutions, that relationship could provide a familiar security basis while applications use Sui’s faster execution environment.
The setup also addresses a persistent institutional concern: how to access DeFi without weakening custody and audit controls. Cryptographic claims can help establish which rights are attached to a contract. Yet the practical value depends on legal structure, counterparty arrangements, and redemption processes.
Sui Network has not detailed activity tied to the $500 million figure. It also has not quantified the number of institutions using the Bitcoin-linked contracts. Those measures will matter more than announced commitments when market participants assess traction.
Sui Network Agent Payments Shift Adoption into Focus
Alongside the contract update, Sui Network has integrated Alibaba Cloud services into Sui Agent Payments. The tool allows AI agents to make USDC payments for cloud and AI service calls. Users set spending ceilings in advance, rather than approving every transaction manually.
Agents can then make payments per call as they access a requested service. Each settlement is recorded directly on the Sui blockchain. The approach shifts costs from standard subscriptions toward usage-based billing.
The model could fit businesses that operate automated workloads at variable volumes. It may also support developers building software agents that need controlled recurring access to infrastructure. USDC offers a stable-value payment unit for those microtransactions.
However, more USDC activity does not automatically create direct buying pressure for SUI. The token’s role in transaction fees could matter, but the relationship depends on actual service use. No adoption figures or transaction volumes were provided for the rollout.
Market watchers will focus on observable evidence after the launch. Relevant indicators include the number of active agents, Alibaba Cloud service calls, USDC settlement volume, and repeat enterprise users. According to analyst Bitguru, he identifies $0.85 to $0.90 as a support area for SUI.
Source: Bitguru on X
A possible recovery range is present between $1.30 and $1.40 if price clears descending resistance. That technical outlook requires buyers to hold support and show stronger volume and open interest.
Arthur Hayes, CIO of crypto-focused Maelstrom Fund, believes the AI bubble will eventually burst, and it will be uber bullish for Bitcoin.
In a recent interview with Luke Martin, Hayes said,
AI is a waste of money. The bigger the AI bubble grows, the bigger the bailout will be, and the higher Bitcoin goes.
According to him, Anthropic, OpenAI, and SpaceX are all backed by the U.S government, but none of them makes money. Hayes foresees a “perfect time for crypto” if the AI bubble bursts.
Put simply, the bailout will mean more government money printing, higher inflation, and investors fleeing to stores of value (SoV) such as gold and Bitcoin. This is popularly known as the debasement trade.
Interestingly, BTC showed resilience this week and defended $80K despite a 2x-5x broader sell-off across AI/chipmakers and tech stocks.
Source: Google Finance (as of market close on October 16th)
AI bubble: Bitcoin upside meets quantum risk
Delphi Research and Fidelity echoed a similar bullish outlook. For his part, Ceteris Paribus, the pseudonymous Head of Research at Delphi, noted,
Getting quite bullish internet monies. Debasement from current debt situation + AI Ponzi bailout equal BTC flows.
An AI bailout will likely add to U.S fiscal debt and growing investors’ concerns. For perspective, U.S fiscal debt currently stands at $40.3T and is growing regardless of which party is in office.
This has since triggered rising bond yields. According to Fidelity, this could worsen the U.S debt situation and further make the case for BTC.
The asset manager also said that the correlation between BTC and 10-year bond yields hit a record high of 0.6 in 2026. The yields rose by 10% in the past two months, and BTC surged by +30% over the same period.
In other words, rising bond yields will likely send BTC higher if the correlation extends.
If current debt and rate trends persist, it may not be long before the interest expense becomes the largest line item in the federal budget, further elevating focus on alternative stores of value
Source: Fidelity
Still, Bitcoin’s quantum threat is intensifying with AI advancement and Google’s breakthroughs in quantum computers. For Ceteris, this could cap the expected BTC upside from the debasement trade.
I think BTC will do quite well, but it won’t be the only SoV in the arena like it was a few years ago. Debasement bullish, but quantum will keep a cap on upside.
In the meantime, U.S Spot BTC ETFs bled another $228M this week, marking the second week of outflows in October. Still, this week’s capitulation showed cooling profits that may mark another bottom at $80K, as per Glassnode.
Source: Glassnode
Final Summary
AI bubble burst, and a likely bailout could trigger a debasement trade-driven BTC rally.
Delphi Research cautioned that BTC’s upside could be capped by quantum risk.
Bitcoin traded within a tight range over the weekend, as traders weighed ongoing institutional outflows against evidence of strong buy-side support near the $80,000 threshold.
CoinLab models outline weekend price scenariosForecasting platform CoinLab assigned a 55% probability that Bitcoin would stay between $80,600 and $82,900 by Saturday’s close, using its AI-powered price models. The analysis placed the 20-day exponential moving average around $82,700, which may act as resistance in the near term.
At 1:46 a.m. Eastern Time, Bitcoin changed hands near $81,615 as traditional equity markets, especially technology stocks, experienced renewed weakness. This price action suggested that crypto markets were responding to broader risk sentiment.
CoinLab pinpointed the $80,000 to $81,500 area as notable support. That region is reinforced by the typical purchase price of Bitcoin ETF investors and significant buy orders on Binance, one of the world’s largest cryptocurrency exchanges.
If buyers fail to hold the support zone, the models show a 27% chance of a pullback targeting $78,500 to $80,600. Conversely, an 18% chance is assigned to an upside move toward $82,900 to $84,400, with the prior weekly peak near $84,350 cited as a key reference.
While CoinLab’s model-based probabilities reflect statistical estimates, they are not independently validated guarantees.
Mini dictionary: CoinLab is an AI-assisted forecasting platform that offers cryptocurrency market predictions, utilizing quantitative models to generate probability-based outlooks for digital asset price movements.
Institutional outflows pressure BitcoinBitcoin’s near-term prospects are clouded by renewed net outflows from US-listed spot Bitcoin exchange-traded funds. According to Farside Investors, cumulative ETF outflows reached $82.4 million on October 16, reversing a brief $5.1 million inflow recorded the day before.
BlackRock’s iShares Bitcoin Trust (IBIT), one of the industry’s largest spot Bitcoin ETFs, saw withdrawals totaling $71.8 million on Friday. Fidelity’s FBTC ETF lost $10.6 million during the same session.
ETF NameNet Outflow (Oct 16)BlackRock IBIT$71.8 millionFidelity FBTC$10.6 millionAll Bitcoin ETFs$82.4 millionBetween October 12 and 16, total redemptions in Bitcoin ETFs reached nearly $228.4 million. On October 14 alone, investors pulled $261.4 million from such funds. These ETF outflows indicate net reductions in investment product holdings, though they do not immediately translate to spot market selling of equivalent Bitcoin amounts.
Persistent negative flows may undermine a key source of institutional demand, especially during periods of heightened volatility.
Liquidity risks amid heavy futures positioningCoinLab cautioned that low weekend liquidity and aggressive derivatives activity could add to Bitcoin’s volatility. The model’s October 17 report found that perpetual futures funding rates on Binance were trending above their monthly average, meaning traders were paying a premium to keep leveraged long positions open.
Such one-sided positioning can increase market vulnerability, because rapid price declines often trigger forced liquidations that intensify sell-offs. Earlier this week, Bitcoin dipped below $82,000 following a rush of futures liquidations, illustrating how leveraged traders can be caught by sudden moves.
For the immediate future, analysts are monitoring the $80,000 support closely. A sustained breakdown could validate CoinLab’s $78,500 downside case, while a move above $82,900 would open the way for a push toward $84,400.
The probability-driven forecast is limited to October 17 and does not extend across the entire week. Bitcoin’s price action will depend on shifting spot demand, ETF flows, and whether buyers continue to protect the $80,000 threshold.
Bitcoin enters the final weeks of October near $82,000 after a brief fall below $80,000. The October 28 Federal Reserve decision, uneven demand for U.S. spot funds and November inflation data will help determine whether the recovery survives. A forecast requires conditions for both gains and losses, not a single number detached from the evidence.
Summary
Bitcoin traded near $81,500 on October 17 after briefly dipping below $80,000 this week. September U.S. inflation reached 3.7% annually, up from 3.4% in August. U.S. spot Bitcoin funds lost a net $614.7 million across October’s first 12 trading sessions, based on Farside’s daily totals. The Fed meets October 27 and 28, before U.S. jobs data on November 6 and inflation data on November 10. A move from $82,000 to $90,000 requires a 9.8% gain; a drop to $75,000 would be an 8.5% loss. Bitcoin has traded around $81,500 on October 17, having recovered from a move below $80,000 during the week. CoinGlass market data put the 24 hour change near negative 0.7% when checked for this article. A live price can move before publication, so the scenarios below use $82,000 as a rounded reference point, not a claim about the exact execution price available to a reader.
The Federal Reserve’s calendar places its next policy decision on October 28. Inflation has complicated the choice: the Bureau of Labor Statistics’ September CPI release put annual headline inflation at 3.7%. November will bring new employment and consumer price readings, giving investors evidence on whether the October decision was the start of another tightening phase or a single step. The price outlook therefore has two clocks: what markets expect before the meeting, and what the incoming data say afterward.
JUST IN: Bitcoin posts its strongest quarter since 2017 with a 43% Q3 gain
The rally now faces tougher conditions as Treasury yields climb above 5%, although weaker US jobs data has cut the odds of another Fed rate hike in October. pic.twitter.com/St18atn53Y
— crypto.news (@cryptodotnews) October 6, 2026 Bitcoin’s October recovery has a weak demand backdrop The starting point is less reassuring than the bounce suggests. Bitcoin slipped below $80,000 and subsequently recovered above $82,000 on October 16. A separate October 16 price assessment at crypto.news placed the market near $81,400 and noted the sequence of lower local highs. Clearing a level intraday is different from sustaining buying through several sessions, especially when the same area has served as both support and resistance.
October’s price movement followed several conflicting signals. U.S. spot Bitcoin funds began the month with two positive sessions, then recorded substantial withdrawals on October 7 and 8. The October 7 fund outflow reached $484.9 million, the largest daily exit since June at the time. October 13 brought $175.7 million back, but October 14 saw $261.4 million leave. Farside Investors’ daily fund table now records an $82.4 million withdrawal for October 16. Daily totals can be revised, and a net flow is not a direct measure of exchange spot purchases on that date.
Price and flow do not have to move together. Bitcoin trades continuously, while the U.S. ETF table reflects the close of an equity trading day. A buyer using an offshore exchange or a derivatives position can move the price while the fund complex loses assets. Authorized participants can acquire or deliver Bitcoin through creation and redemption processes that need not match a single hour of trading. Treating each positive close as proof that ETFs bought the rebound would assign a cause that the available figures cannot establish.
The October 14 CPI report added a macroeconomic complication. Headline consumer prices rose 0.6% during September, while the measure excluding food and energy rose 0.3%. Gasoline accounted for more than half of the monthly increase in the headline index, according to the BLS. Annual core inflation reached 2.6%, below the 3.7% headline reading but above August’s 2.4%. A reader looking only at the headline could miss that the sources of inflation are different; a reader looking only at core could miss the pressure that energy prices put on household spending and market rates.
Bitcoin’s drop after the CPI release left the market near $81,900 on October 14. The report recorded an increase in market-implied odds of an October rate increase after the inflation data, but those odds are a changing price of futures contracts, not a vote by the Fed. They should be checked again near the decision. Positioning against a policy announcement can make an otherwise ordinary price move violent when leveraged traders have crowded into one outcome.
JUST IN: Bitcoin jumps above $85,000 after softer U.S. inflation data
August core PCE rose 3% year-over-year versus 3.3% expected, while markets cut October Fed rate-hike odds, giving $BTC and other risk assets an immediate boost. pic.twitter.com/z1n9vm6GQJ
— crypto.news (@cryptodotnews) September 30, 2026 The Fed decision is only the first date on November’s calendar On September 16, the Federal Open Market Committee raised its target by a quarter percentage point to 3.75% to 4%. The vote was unanimous. Its next scheduled meeting ends October 28 at 2 p.m. Eastern time, followed by a press conference at 2:30 p.m. The October meeting is not marked as one of the scheduled quarterly projection meetings on the Fed’s calendar, so investors should not assume it will include a new dot plot.
The September meeting minutes, released October 7, say most participants considered another increase likely to be appropriate by year end, while stressing that later decisions depended on incoming information. Year end leaves two meetings, October and December. The minutes do not commit the committee to October, and individual September projections are conditional judgments, not instructions to a future meeting. The September median projected policy rate at the end of 2026 was 4.1%, according to the Fed’s projection tables.
Bitcoin rallied after the September rate increase despite fund withdrawals during the decision window. An examination of buyers after the September hike found subsequent ETF demand and derivatives adjustment, showing why the rate announcement alone cannot explain the entire move. Traders had been preparing for the decision beforehand; the same announcement can lift or lower an asset depending on what was already priced in and what the chair says about future policy.
On October 28, the rate decision, statement, and press conference, should be read separately. A quarter point increase with language suggesting a pause would not carry the same implication as an increase followed by concern about more persistent inflation. A hold could still weigh on Bitcoin if officials signal another hike in December. Market prices respond to changes in expected policy paths, not simply to the label attached to one decision.
November’s scheduled releases will then test the Fed’s reading of the economy. The BLS calendar for November lists the October employment report for November 6, October CPI for November 10, and October producer prices for November 13. October CPI will arrive after the Fed meeting, meaning the committee cannot use that report to decide on October 28. It can still change expectations for the December 8 and 9 meeting. Figures and release dates should be rechecked at publication because government calendars can change.
The sequence allows a conditional outlook. An October decision followed by softer inflation and moderate employment growth could ease pressure on bond yields. A decision followed by stubborn inflation or a much stronger labor market could support expectations of more tightening. A weak jobs report is not automatically favorable for Bitcoin if it points to a broad economic shock that sends investors toward cash. None of the official releases predicts a Bitcoin price; they influence the rates and risk appetite against which Bitcoin trades.
Twelve ETF sessions show how much buying the recovery needs The distinguishing figure comes from adding the fund flows rather than citing a single large withdrawal. Farside’s U.S. spot Bitcoin ETF table lists daily totals, in millions of dollars, for the first 12 trading sessions of October: plus 102.7, plus 189.9, minus 89.8, plus 118.8, minus 484.9, minus 244.1, plus 21.1, minus 65.4, plus 175.7, minus 261.4, plus 5.1 and minus 82.4. Adding those published entries gives minus $614.7 million through October 16. The calculation uses the displayed one decimal place and may differ slightly if a provider later revises individual funds.
Across the same 12 sessions, positive days total $613.3 million and negative days total $1.228 billion after rounding the entries. Net outflows are therefore the result of several heavy selling days overwhelming the purchases, not the absence of any positive session. October 7 alone accounts for approximately 79% of the net withdrawal figure, a ratio obtained by dividing $484.9 million by $614.7 million. That ratio describes the arithmetic concentration of the monthly total, not an estimate that one day’s redemptions caused 79% of Bitcoin’s price change.
Four of the first 12 sessions show net gains above $100 million, while four show losses above $80 million. A small positive day does not erase a large negative day. For example, the $175.7 million gained on October 13 was smaller than the $261.4 million lost the next day; together they represent an $85.7 million withdrawal. October 15’s $5.1 million intake did little to counter the $82.4 million that left on October 16. These comparisons explain why a chart of alternating green and red bars can look balanced even when the month is firmly negative.
The calculation answers a narrower question than some headlines imply. It does not tell us how much Bitcoin was sold on exchanges, which participants bought any supply offered, or whether a fund’s holdings changed by the same dollar amount as its flow. Net flow is an accounting estimate for money entering or leaving the listed products. Assets under management fluctuate with Bitcoin’s price. Trading volume can surge even when net flow is zero, because shares can change hands between investors without new fund shares being created.
The starting imbalance creates an observable condition for November. A durable recovery supported by fund demand would require multiple positive sessions large enough to offset withdrawals, not merely a return to zero on one day. At the October 16 balance, a single $100 million intake would leave the October running total around $515 million negative if no other dates changed. Restoring the first 12 sessions to flat would require approximately $615 million of net additions in later sessions. The figure is an arithmetic hurdle for the month, not a threshold Bitcoin must clear to rise.
Fund flows could remain negative while direct spot buyers take the other side. Conversely, positive ETF totals could coexist with selling by long held wallets, corporate treasuries or miners. An October assessment of institutional demand quoted Bitget Wallet research lead Lacie Zhang saying institutional buying must absorb profit taking and miner sales for gains to hold. Her argument concerns the balance of buyers and sellers across venues, not an ETF flow target that guarantees a certain price.
BREAKING: Fed raises its benchmark interest rates for the first time since 2023
The Fed has raised its benchmark rate by 25 basis points to 3.75%–4%, while 30-year mortgage rates have climbed to around 7.28%; persistent inflation, higher oil prices and geopolitical tensions are… pic.twitter.com/CXNUmqJqEf
— crypto.news (@cryptodotnews) September 16, 2026 The price cases start from one reference point A November scenario needs an explicit starting value. This article uses $82,000, close to the market around the October 16 rebound, as a common reference. At that price, $85,000 is 3.7% higher; $87,500 is 6.7% higher; $90,000 is 9.8% higher; $95,000 is 15.9% higher. On the downside, $80,000 is 2.4% lower; $78,000 is 4.9% lower; and $75,000 is 8.5% lower. Each percentage is the difference from $82,000 divided by $82,000, rounded to one decimal place. They are arithmetic distances, not modeled probabilities or promised targets.
Recovery case: $87,500 to $95,000. Bitcoin would first need to regain the $84,200 area that traders identified as resistance in the October 16 chart analysis, then build on the move through the upper $80,000s. A sustained run of ETF inflows, stronger spot participation and less aggressive rate expectations after October 28 would support that case. The upper end requires a 15.9% rise from the reference, a material move in a month. The case weakens if ETF flows stay negative through a price rally or if the October 28 message and November 10 CPI push yields higher.
Range case: $78,000 to $87,500. Bitcoin could remain between the October downside area and the late September resistance zone if fund buying returns intermittently but cannot sustain itself. A Fed decision that changes little about December expectations, followed by mixed labor and inflation releases, would fit the setting. The breadth of the range is deliberate: from $82,000 it spans a 4.9% decline to a 6.7% gain. Calling this a base case does not mean assigning it a numerical probability. It describes the path when neither the buying evidence nor the policy evidence resolves decisively.
Downside case: $75,000 to $78,000. A break below $80,000 that persists through several daily closes, together with further ETF redemptions and renewed leverage liquidations, would bring lower price areas into view. A Fed message pointing to continued tightening, followed by another strong inflation print, would make the downside scenario more plausible. The range is an analytical boundary, not a claim that a particular exchange has a buy order at $75,000. A fall through the lower end would invalidate this bounded case and require a fresh analysis rather than a wider target invented after the event.
The ranges overlap at $78,000 and $87,500 because price can trade at a boundary without giving a reliable signal about the next month. Daily closes, participation and changes in flow would be more informative than a brief intraday touch. The upper case is invalidated by persistent selling and a failed recovery of the mid $80,000s; the downside case is invalidated by sustained inflows and a decisive move above resistance. New evidence can invalidate either scenario before November begins.
A pause in rates does not guarantee a Bitcoin rally The strongest argument for recovery is not simply that the Fed might hold rates. Inflation’s September jump was driven heavily by gasoline, while core prices rose more slowly over the year. If energy eases and the labor market weakens enough to limit further hikes without signaling recession, investors could reduce their expectations for future rates. Fund flows have turned around rapidly in earlier periods: after withdrawals around the September decision, demand returned in later sessions. The post hike market assessment from BitGo Research associated the recovery with spot fund demand, lower Treasury yields, softer oil and short covering. No single variable carried the whole explanation.
There is a counterweight. The September minutes show most Fed participants expected another increase by year end. September headline inflation at 3.7% was above August’s 3.4%, and core inflation rose to 2.6% from 2.4%. A pause in October might signal patience while officials wait for data, not the end of tightening. November CPI could reopen the debate almost immediately. Bitcoin can rise in anticipation of a pause and still lose ground if the accompanying statement points to a later hike.
Rate expectations have two effects that need separating. Higher Treasury yields can raise the appeal of interest paying assets relative to Bitcoin, which does not pay a coupon. The same yields can weaken demand for speculative risk across markets. Neither channel fixes Bitcoin’s price mechanically. Liquidity, leverage, international buying and crypto specific events can offset or magnify them. A neat historical average of returns around Fed meetings would miss differences in what investors anticipated before each event.
ETF demand presents a similar two sided argument. The products remain a substantial route for U.S. investors, and a few large positive days can reverse a negative running total. Yet the October arithmetic shows how easily one withdrawal can overwhelm multiple gains. Strong fund flows would improve the recovery case, but treating them as a sufficient condition ignores direct exchange sellers and the derivatives market. Weak flows would not prove that no buyer exists elsewhere. The honest disagreement is about the likely marginal buyer in November, not the existence of all other buyers.
Leverage can change the route without deciding the destination CoinGlass displayed roughly $52.4 billion of Bitcoin futures open interest and about $77 million of Bitcoin liquidations over 24 hours when checked on October 17. Those figures decay quickly and should be refreshed before publication. Open interest is the face value of outstanding positions, not the amount of capital that can be liquidated at once. Both a long and a short stand behind each futures contract; a rising total alone cannot tell the reader which side will win.
Funding rates and open interest together offer a better view of crowding, though neither is conclusive. Positive perpetual futures funding indicates longs are generally paying shorts on venues using that mechanism. If price rises alongside open interest and high positive funding, the move may depend more heavily on leveraged longs. If price rises while open interest falls, some of the gain may come from shorts closing. Spot volume and ETF flows would then help determine whether new cash replaced the departing positions.
The October selloff showed how forced unwinds can speed a move. Long liquidations cause exchanges to close positions according to their margin rules, creating market orders in a falling market. Subsequent short covering can make the rebound appear strong even before sustained spot demand returns. Neither event establishes a fair value for Bitcoin. Derivatives data help describe the path and fragility of a move, while the spot market and flows help assess whether it can persist.
A level such as $80,000 attracts attention partly because traders put orders and stops near round figures. No source can certify that every $80,000 touch is meaningful, and liquidation maps estimate potential pressure from displayed positions rather than commitments by every trader. A briefly broken level followed by recovery deserves different treatment from several closes below it. The same applies to a break above $85,000: a single futures driven spike is weaker evidence than several sessions accompanied by fund additions and spot volume.
The Fed release occurs during U.S. market hours, when the ETF shares trade and the underlying Bitcoin market remains open. The first ETF closing figure after the decision will provide one piece of evidence, but reporting time and creation mechanics can blur attribution. November 6 jobs data and November 10 CPI arrive before the U.S. market opens; Bitcoin can react overnight before fund shares resume trading. Comparing same time windows and the same quotation source matters when describing cause and effect.
The scenario boundaries have important limits The outlook is dated October 17. Bitcoin’s spot price, policy expectations, ETF flows and derivative positions can change substantially before October 28, let alone November 30. A scenario built around an $82,000 starting value must be recalculated if Bitcoin enters November at a very different price. The percentage distances are exact arithmetic from the chosen reference, but the chosen bands reflect observed market areas and conditional judgment. They are not statistical confidence intervals.
Neither a Fed decision nor a CPI release provides a stand alone Bitcoin forecast. Monetary policy can affect bond yields and the dollar, yet investors may have anticipated the change in advance. The September episode showed a hike and a subsequent rally; the October selloff showed inflation concerns alongside withdrawals and deleveraging. Assigning all price movement to the nearest macro headline would ignore the trading evidence.
ETF totals have reporting limits. Providers can differ in coverage, fund cutoff times and revisions. Farside’s table provides the 12 U.S. session inputs used here; an alternative tracker may show a slightly different monthly figure. Gross trading volume, net investor flow and changes in Bitcoin held by funds answer separate questions. None directly identifies the end investor, the seller on the other side or the moment the Bitcoin was acquired.
The projected $75,000 to $95,000 envelope deliberately includes different outcomes rather than implying that any one will occur. A new geopolitical shock, fund launch, regulatory decision, exchange disruption or corporate transaction could move the market outside it. Those events cannot be responsibly assigned a probability from the evidence assembled here. The next observable policy marker is the Fed’s October 28 statement; the next scheduled U.S. employment and inflation releases follow on November 6 and 10, according to the BLS calendar.
What to watch October 28 Fed statement and press conference: Compare the rate decision with the committee’s language about future increases at 2 p.m. and 2:30 p.m. Eastern. Daily U.S. spot Bitcoin ETF flows: Add the November sessions in Farside’s table and distinguish a multi day intake from a single positive close. The $80,000 and $84,200 price areas: Watch daily closes and trading participation around the recent downside and resistance zones, not just intraday touches. November 6 employment and November 10 CPI: Compare the actual releases with expectations and observe the response in yields as well as Bitcoin. Futures open interest and funding: Check whether a move in price is paired with new leveraged positions, short covering or a reduction in crowding. FAQ What is the Bitcoin price outlook for November 2026? From an $82,000 reference on October 17, the conditional recovery range is $87,500 to $95,000, the range case is $78,000 to $87,500, and the downside case is $75,000 to $78,000. None is a guaranteed target or a probability weighted forecast.
When is the next Fed decision? The Federal Open Market Committee meets October 27 and 28, 2026. Its statement is scheduled for 2 p.m. Eastern on October 28, followed by a press conference at 2:30 p.m.
Did the Fed raise rates in September 2026? Yes. On September 16, the Fed raised the target range by a quarter percentage point to 3.75% to 4%. Bitcoin’s subsequent price rise does not establish that the rate increase caused it.
How much did Bitcoin ETFs lose in early October? Adding Farside Investors’ daily U.S. spot fund totals for the 12 trading sessions from October 1 through October 16 gives approximately $614.7 million in net withdrawals. The figure can change if a provider revises its table.
Why does the $80,000 Bitcoin level matter? Bitcoin briefly traded below $80,000 before recovering during the October selloff. Repeated daily closes below the area, especially with withdrawals and long liquidations, would strengthen the downside case more than a brief intraday break.
Could Bitcoin reach $90,000 in November? A move from the article’s $82,000 reference to $90,000 would require a gain of about 9.8%. Sustained spot and fund demand, a recovery through resistance and less pressure from expected interest rates would support the recovery case; none guarantees that price.
What U.S. data arrive after the October Fed meeting? The BLS has scheduled the October employment report for November 6 and October CPI for November 10. October producer prices are scheduled for November 13. The dates should be checked again before those releases.
Does an October Fed pause mean Bitcoin will rise? No. Investors may have priced in a pause, and a hold could still accompany a warning about another rate increase. ETF flows, direct spot trading and leverage affect the outcome as well. This is educational analysis, not investment advice.
Disclaimer: This article is for information and educational purposes only and does not constitute financial or investment advice. Figures reflect regulatory filings and reporting available at the time of writing and change with each disclosure. Nothing here is a recommendation to buy, sell, or hold any security or asset. Always do your own research. Information is accurate as of October 17, 2026.
XRP has undercut the $1.31 level needed for its current correction, leaving room for a rebound without necessarily sweeping the $1.25 support.
XRP has reached a support area where its current correction could begin to turn higher without first falling all the way to $1.25.
XRP’s 24-hour structure shows price entering its corrective support area after undercutting the earlier $1.31 low. The setup allows a rebound without a full sweep of $1.25, while the lower blue demand zone remains the broader invalidation area. The setup centers on the recent $1.31 low: under one Elliott Wave interpretation, XRP only needs to move beneath that earlier low to complete the final leg of the correction before attempting another advance.
XRP currently trades near $1.33, according to CoinMarketCap, after reaching a 24-hour low around $1.29. That means price has already traded beneath the $1.31 reference level highlighted in the structure.
The question now is whether that undercut was enough—or whether sellers will continue pressing XRP deeper into the support zone.
Why $1.31 Could Mark the Turning Area The current decline is being treated as an A-B-C correction.
The important detail is the shape of the B-wave. If that wave developed as a flat containing an “unorthodox low,” the final C-wave does not necessarily need to produce a dramatic new low.
It may only need to push beneath the earlier A-wave low around $1.31 before the corrective sequence can finish.
XRP has now done that intraday.
With price recovering toward $1.33 after dipping below $1.31, the market is already testing whether buyers will defend this portion of the structure.
That gives the current area more technical significance than a simple horizontal support.
XRP Does Not Have to Touch $1.25 The chart also marks a broader white demand zone below current price, extending roughly through the upper-$1.20s toward $1.25.
That area remains available if the correction stretches further, but the wave interpretation does not require XRP to sweep $1.25 before rebounding.
From $1.33, a move to $1.25 would represent another decline of roughly 6%.
This distinction matters. The scenario is not that $1.25 cannot break or cannot be tested. Rather, price may already have satisfied the minimum condition for the corrective C-wave by taking out the $1.31 A-wave low.
The next candles need to show whether buyers agree.
A Rebound Would Put $1.50 and $1.70 Back in View If XRP establishes a floor around the current region, the first meaningful recovery would require a move back toward $1.45-$1.50.
Above that sits the descending resistance line and the former B-wave region. The chart places a larger resistance reference around $1.70, which would need to be cleared before the bullish structure could expand toward higher extensions.
Further levels shown include approximately $1.93-$2.00, followed by the $2.08 area.
Those are later-stage targets and only become relevant if XRP first confirms that the current correction has ended.
From $1.33, a recovery to $1.50 would equal roughly 13%, while $1.70 would require about 28% upside.
Lower Blue Zone Is the Broader Bullish Invalidation Test The more serious downside risk sits below the white support area.
A larger blue demand zone stretches around roughly $1.05-$1.15 on the chart. This represents the broader support holding the bullish higher-timeframe interpretation together.
A higher-timeframe close beneath that region would undermine the current recovery thesis and increase the risk that XRP returns toward the $0.99 area or produces new lows.
For now, however, XRP is much closer to the first potential turning point.
The $1.31 low has already been undercut, meaning XRP could begin recovering without ever touching $1.25. Whether that happens now depends on buyers turning the current $1.29-$1.33 region into a durable floor.
XRP has entered a period of subdued retail interest, with global search activity for the cryptocurrency dropping significantly from its previous highs. Data from Google Trends shows that, by mid-October 2026, interest in XRP measured by global search volume had declined by more than 90% compared to July 2025, when the token surged toward the $3.65 level.
The search popularity index for “XRP” slipped to 13 points out of 100, reflecting the sharpest decline in sentiment among retail traders within the past year.
Sharp fall in search volume, but price remains resilientA review of search data since 2012 highlights the scale of last year’s surge. The spike in July 2025 appears as an isolated peak in long-term charts, with search interest returning to minimal levels before and after that event.
The trend has persisted over the past 12 months. On an annual time frame, search queries have fallen by half, and even the local uptick seen between August and September had disappeared by mid-October.
While general activity around XRP has dropped to multi-year lows, the price of the coin has demonstrated notable resilience. Despite reduced enthusiasm from smaller traders, XRP’s price has held within a narrow band of $1.30 to $1.34, establishing critical support at $1.25.
Contrasting apathy in search engines and stability in the marketThis extended period of low retail interest reflects a broader pattern affecting the entire crypto sector, as similar apathy has also dampened search volumes for bitcoin. In the case of XRP, analysts note a paradox: even as curiosity wanes, there has been no significant selling pressure pushing the price lower.
According to derivatives market data, excess leverage has disappeared as speculative positions have unwound. With many prediction platforms and algorithmic tools indicating that a psychological bottom in retail attention has been established, market observers are watching for signs of change in momentum.
Looking ahead, most models see XRP stabilizing in a consolidation range between $1.40 and $1.50 for the remainder of October. The return of heightened demand from retail traders, particularly visible in Google search activity, is likely required before any attempt at new all-time highs can be made.
Even with this pause, some analysts believe that the calm period could provide a base for the next extended market cycle. As the technical outlook tightens within key resistance and support zones, many traders are searching for tools that allow them to react quickly to sudden developments, such as Federal Reserve decisions or new altcoin listings, both of which can move the market in a matter of seconds. In this context, privacy-focused apps like CryptoAppsy are gaining popularity by offering real-time charts, smart price notifications, coin-specific headlines, and macroeconomic data on a single interface—without the need to register an account.
Financial analyst Austin Hilton has unveiled Market Vitals, a new trading platform aggregating data from 115 cryptocurrencies to offer real-time market health scores. Hilton presented the tool in a recent video and tweet, addressing $XRP holders and highlighting its potential for traders seeking advanced analytics.
Real-time market health score explainedMarket Vitals provides a single health score ranging from 0 to 100, designed to reflect current conditions across the broader cryptocurrency market. According to Hilton, this aggregate score draws on live data from an institutional-grade trading desk and includes comprehensive input from millions of dollars in trading activity.
“The data behind this is running an institutional-grade trading desk, millions of trading dollars.”
At the time of Hilton’s demonstration, the overall market received a health score of 56. A score between 50 and 65 signals a generally healthy environment, but Market Vitals projected a short-term pullback, with a forecasted -3.6% move expected over the following 10 days. The platform also anticipated a positive turn over a 30-day period but expressed caution for the 90-to-120-day outlook.
Mini dictionary: Market Vitals is a proprietary platform using real-time institutional data, advanced algorithms, and sector analysis to produce market health metrics and signal trading opportunities across multiple cryptocurrencies.
Sector breakdowns revealed that infrastructure coins held the strongest positions, while meme coins showed a sector score of 36, placing them among the weakest performers currently tracked by the platform.
SectorCurrent ScorePositionInfrastructureHighStrongestMeme coins36WeakestXRP’s signal: Caution for tradersHilton examined $XRP during his walkthrough, noting that Market Vitals currently rated XRP as a sell. This signal had been in place since October 7, 2026, according to the platform’s trading rule. He explained that the sell rating should be viewed as a tool for short-term trading and not as advice for long-term holders to exit their positions entirely.
While presenting Market Vitals, Hilton stated that its signals are targeted at active traders, not those holding long-term positions.
Analyzing the prior six months, Hilton referenced the platform’s buy and sell signals. The last major buy indication led to a 32% rally in XRP’s price, while a later sell alert preceded a 26% drop. The trading signals are intended to help users time entry and exit points around their core investments.
Platform features and subscription termsMarket Vitals is currently available for $99 per month, with a quarterly subscription option providing a lower rate. Hilton emphasized the inclusion of a 30-day, no-questions-asked refund for new users.
The platform features a portfolio tool allowing users to enter their holdings and get a composite health score, while individual asset rankings highlight which coins among the top 100-plus are currently in buy or sell zones. As of Hilton’s demonstration, coins such as Python, Arbitrum, Filecoin, and Injective ranked among the preferred buy signals.
Hilton described Market Vitals as a resource integrating years of proprietary data with AI-driven analytics, aiming to make institutional-grade tools accessible to retail investors for the first time.
