Stablecoins
Governance
Solana validators approve Alpenglow upgrade, positioning SOL for a run to $250
The protocol transformation promises to slash transaction finality from TowerBFT's current 12.8 seconds to as low as 100-150 milliseconds.
Crypto
Decentralized exchanges record $1.1 trillion in trading volume as perpetuals drive historic trading month
Perpetual contract volumes drove the record-breaking performance, reaching $648.6 billion in August, representing a 31.3% jump from July.
Analysis
Economist ‘extremely confident’ bull cycle is not over, expects less volatile super cycle
Alex Krüger observed that the recent market decline primarily affected Bitcoin and Ethereum, while altcoins stopped crashing earlier.
Crypto
Metaplanet achieves 20,000 BTC milestone amid shareholder-approved $2.8B treasury growth plan
During the shareholder meeting, CEO Simon Gerovich outlined the company's plan to acquire 210,000 BTC by 2027.
Analysis
XRP prepares for potential rally toward $4 amid whale accumulation
The coordinated accumulation suggests confidence in XRP's ability to break through overhead resistance from investors with deep pockets.
Stablecoins
Bitfinex-backed Plasma secures EtherFi partnership with $500 million ETH vault integration
The collaboration integrates EtherFi across Plasma's DeFi ecosystem, providing users with additional collateral options for lending and borrowing.
ETF
BlackRock Ethereum ETF captures second-highest weekly inflows among over 4,400 ETFs
Before this surge, Ethereum ETFs had recorded negative $400 million year-to-date flows, amounting to approximately $2.5 billion.
Legal
Eliza Labs files antitrust lawsuit against X, alleging AI agent monopolization
The complaint seeks damages exceeding $75,000 and immediate restoration of the account.
Analysis
Bitcoin signals uptrend resumption in late September based on holding patterns
Potential rate cuts in September and crypto ETF approvals in October add to the bull case.
Crypto
Top crypto protocols generate $1.2B in revenue after recording 9.3% monthly growth
Ethena led the percentage gains with a 243% revenue surge, jumping from $9.46 million to $32.48 million.
RWA
Tokenized US Treasuries reach $7.45 billion all-time high after July correction
The milestone caps a 14% recovery over two weeks following a market correction that bottomed out at $6.51 billion on Aug. 13.
Stablecoins
Treasury Secretary Bessent’s stablecoin push could drive $34 trillion into Ethena, Etherfi, Hyperliquid
Hayes projects a total stablecoin circulation of $10 trillion by 2028, and three protocols are poised for a "secular rise" in this scenario.
