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Robinhood Chain Hits $11.48M in Cumulative Fee Revenue, Annualizing at $60M Run Rate<ul><li>Robinhood Chain has accumulated <strong>$11.48 million in fee revenue</strong> just two months after its official launch.</li><li>The network is currently annualizing at a robust <strong>$60 million run rate</strong>, signaling strong early adoption and user engagement.</li><li>More than <strong>$1 million</strong> of the generated revenue flows directly back into the <a href="https://arbitrum.io/" target="_blank" rel="noopener">Arbitrum ecosystem</a>, highlighting mutual business benefits.</li></ul><p>Robinhood’s native layer-2 scaling network has quickly emerged as a major player in the decentralized finance space, crossing a significant financial milestone just weeks after going live. According to recent data shared in a <a href="https://x.com/arbitrum/status/1898765432109876543" target="_blank" rel="noopener">post on X by Arbitrum</a>, the <strong>Robinhood Chain</strong> has achieved a cumulative fee revenue of <strong>$11.48 million</strong> in its first two months of operation.</p><p>The impressive velocity of fee generation places the network on a stellar trajectory, currently annualizing at an estimated <strong>$60 million run rate</strong>. This rapid monetization reflects high throughput and continuous transactional activity on the chain, catering to retail traders and crypto-native users alike who rely on Robinhood’s expanding web3 ecosystem.</p><p>Crucially, the success of the chain is also proving to be a major boon for its foundational infrastructure. Out of the total cumulative revenue generated, <strong>more than $1 million</strong> goes directly to support the broader <a href="https://arbitrum.foundation/" target="_blank" rel="noopener">Arbitrum ecosystem</a>. As noted by ecosystem participants, these figures demonstrate that layer-2 expansions built on top of Arbitrum's technology stack can yield substantial economic alignment and shared profitability.</p><p>Market analysts note that while early numbers are exceptionally strong, maintaining this momentum will depend on sustained retail engagement, competitive fee structures, and the continuous rollout of decentralized applications on the network. Nevertheless, the initial metrics validate Robinhood's strategic push into self-custody and on-chain infrastructure, providing a tangible revenue model that benefits both the brokerage giant and its scaling partners.</p>

Robinhood Chain Hits $11.48M in Cumulative Fee Revenue, Annualizing at $60M Run Rate

<ul><li>Robinhood Chain has accumulated <strong>$11.48 million in fee revenue</strong> just two months after its official launch.</li><li>The network is currently annualizing at a robust <strong>$60 million run rate</strong>, signaling strong early adoption and user engagement.</li><li>More than <strong>$1 million</strong> of the generated revenue flows directly back into the <a href="https://arbitrum.io/" target="_blank" rel="noopener">Arbitrum ecosystem</a>, highlighting mutual business benefits.</li></ul><p>Robinhood’s native layer-2 scaling network has quickly emerged as a major player in the decentralized finance space, crossing a significant financial milestone just weeks after going live. According to recent data shared in a <a href="https://x.com/arbitrum/status/1898765432109876543" target="_blank" rel="noopener">post on X by Arbitrum</a>, the <strong>Robinhood Chain</strong> has achieved a cumulative fee revenue of <strong>$11.48 million</strong> in its first two months of operation.</p><p>The impressive velocity of fee generation places the network on a stellar trajectory, currently annualizing at an estimated <strong>$60 million run rate</strong>. This rapid monetization reflects high throughput and continuous transactional activity on the chain, catering to retail traders and crypto-native users alike who rely on Robinhood’s expanding web3 ecosystem.</p><p>Crucially, the success of the chain is also proving to be a major boon for its foundational infrastructure. Out of the total cumulative revenue generated, <strong>more than $1 million</strong> goes directly to support the broader <a href="https://arbitrum.foundation/" target="_blank" rel="noopener">Arbitrum ecosystem</a>. As noted by ecosystem participants, these figures demonstrate that layer-2 expansions built on top of Arbitrum's technology stack can yield substantial economic alignment and shared profitability.</p><p>Market analysts note that while early numbers are exceptionally strong, maintaining this momentum will depend on sustained retail engagement, competitive fee structures, and the continuous rollout of decentralized applications on the network. Nevertheless, the initial metrics validate Robinhood's strategic push into self-custody and on-chain infrastructure, providing a tangible revenue model that benefits both the brokerage giant and its scaling partners.</p>
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Strategy Buys $370 Million of Bitcoin After Two-Month Pause, Treasury Hits 845,050 BTCStrategy purchased 4,603 BTC for $369.7 million between Aug. 24 and Aug. 30 at an average price of $80,318. Total holdings rose to 845,050 BTC, acquired for $63.73 billion at an average cost of $75,412 per coin. The buy was funded by $602.8 million in at-the-market sales of MSTR common stock. The company also spent $151.8 million repurchasing STRC preferred shares and reported 0.0% net leverage. The purchase is Strategy’s first disclosed bitcoin accumulation since late June. Strategy resumed bitcoin purchases after a two-month pause, acquiring 4,603 BTC for approximately $369.7 million in the week ended Aug. 30, according to an 8-K filing submitted to the U.S. Securities and Exchange Commission on Aug. 31. The Michael Saylor-led firm paid an average of $80,318 per bitcoin, inclusive of fees and expenses, lifting its treasury to 845,050 BTC. That stack was acquired for an aggregate $63.73 billion at a lifetime average cost of $75,412 per coin, Strategy said in an official announcement. The position equals more than 4% of bitcoin’s 21 million supply cap. The latest coins were funded through Strategy’s at-the-market equity program. The company sold 4,531,421 shares of Class A common stock for net proceeds of $602.8 million during the same week. Of that amount, $369.7 million went to bitcoin, $151.8 million funded the repurchase of 1,557,177 shares of STRC preferred stock, $50.7 million covered STRC dividends, and $30 million was added to the firm’s USD cash account. In a post on X, Strategy said it had “acquired 4,603 BTC for $370M, increased USD Cash by $29M, and repurchased $152M of $STRC.” As of Aug. 30, the company reported holdings of 845,050 bitcoin and $6.71 billion of USD assets, “bringing Net Leverage to 0.0%.” The purchase ends a stretch without confirmed accumulation that began after a 520 BTC buy disclosed for the week of June 22, according to Strategy’s bitcoin ledger. Earlier in the summer the firm had sold bitcoin while building dollar reserves and supporting its preferred-stock structure. The new tranche was purchased above the prevailing spot price near $78,000 reported after the filing, leaving that slice of the treasury below its week-of-purchase cost while the overall book remains above the $75,412 average. Strategy remains the largest publicly disclosed corporate holder of bitcoin. The return to buying comes as bitcoin posted a roughly 24% gain in August, its strongest month since November 2024, even as traders weighed higher Treasury yields and September Federal Reserve policy risk. The post Strategy Buys $370 Million of Bitcoin After Two-Month Pause, Treasury Hits 845,050 BTC appeared first on Cryptopress.

Strategy Buys $370 Million of Bitcoin After Two-Month Pause, Treasury Hits 845,050 BTC

Strategy purchased 4,603 BTC for $369.7 million between Aug. 24 and Aug. 30 at an average price of $80,318.
Total holdings rose to 845,050 BTC, acquired for $63.73 billion at an average cost of $75,412 per coin.
The buy was funded by $602.8 million in at-the-market sales of MSTR common stock.
The company also spent $151.8 million repurchasing STRC preferred shares and reported 0.0% net leverage.
The purchase is Strategy’s first disclosed bitcoin accumulation since late June.
Strategy resumed bitcoin purchases after a two-month pause, acquiring 4,603 BTC for approximately $369.7 million in the week ended Aug. 30, according to an 8-K filing submitted to the U.S. Securities and Exchange Commission on Aug. 31.
The Michael Saylor-led firm paid an average of $80,318 per bitcoin, inclusive of fees and expenses, lifting its treasury to 845,050 BTC. That stack was acquired for an aggregate $63.73 billion at a lifetime average cost of $75,412 per coin, Strategy said in an official announcement. The position equals more than 4% of bitcoin’s 21 million supply cap.
The latest coins were funded through Strategy’s at-the-market equity program. The company sold 4,531,421 shares of Class A common stock for net proceeds of $602.8 million during the same week. Of that amount, $369.7 million went to bitcoin, $151.8 million funded the repurchase of 1,557,177 shares of STRC preferred stock, $50.7 million covered STRC dividends, and $30 million was added to the firm’s USD cash account.
In a post on X, Strategy said it had “acquired 4,603 BTC for $370M, increased USD Cash by $29M, and repurchased $152M of $STRC.” As of Aug. 30, the company reported holdings of 845,050 bitcoin and $6.71 billion of USD assets, “bringing Net Leverage to 0.0%.”
The purchase ends a stretch without confirmed accumulation that began after a 520 BTC buy disclosed for the week of June 22, according to Strategy’s bitcoin ledger. Earlier in the summer the firm had sold bitcoin while building dollar reserves and supporting its preferred-stock structure. The new tranche was purchased above the prevailing spot price near $78,000 reported after the filing, leaving that slice of the treasury below its week-of-purchase cost while the overall book remains above the $75,412 average.
Strategy remains the largest publicly disclosed corporate holder of bitcoin. The return to buying comes as bitcoin posted a roughly 24% gain in August, its strongest month since November 2024, even as traders weighed higher Treasury yields and September Federal Reserve policy risk.
The post Strategy Buys $370 Million of Bitcoin After Two-Month Pause, Treasury Hits 845,050 BTC appeared first on Cryptopress.
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Strategy Buys $370 Million of Bitcoin After Two-Month Pause, Treasury Hits 845,050 BTC<ul><li>Strategy purchased <strong>4,603 BTC</strong> for <strong>$369.7 million</strong> between Aug. 24 and Aug. 30 at an average price of <strong>$80,318</strong>.</li><li>Total holdings rose to <strong>845,050 BTC</strong>, acquired for <strong>$63.73 billion</strong> at an average cost of <strong>$75,412</strong> per coin.</li><li>The buy was funded by <strong>$602.8 million</strong> in at-the-market sales of MSTR common stock.</li><li>The company also spent <strong>$151.8 million</strong> repurchasing STRC preferred shares and reported <strong>0.0% net leverage</strong>.</li><li>The purchase is Strategy's first disclosed bitcoin accumulation since late June.</li></ul><p class="has-drop-cap">Strategy resumed bitcoin purchases after a two-month pause, acquiring <strong>4,603 BTC</strong> for approximately <strong>$369.7 million</strong> in the week ended Aug. 30, according to an <a href="https://assets.contentstack.io/v3/assets/bltf8d808d9b8cebd37/blt3276071079cd1642/6a9497da8814aaf69389c17b/form-8-k_08-31-2026.pdf" target="_blank" rel="noopener">8-K filing</a> submitted to the U.S. Securities and Exchange Commission on Aug. 31.</p><p>The Michael Saylor-led firm paid an average of <strong>$80,318</strong> per bitcoin, inclusive of fees and expenses, lifting its treasury to <strong>845,050 BTC</strong>. That stack was acquired for an aggregate <strong>$63.73 billion</strong> at a lifetime average cost of <strong>$75,412</strong> per coin, Strategy said in an <a href="https://www.strategy.com/press/strategy-acquires-4603-btc-increases-usd-cash-to-1-61-billion-and-repurchases-152-million-of-strc_08-31-2026" target="_blank" rel="noopener">official announcement</a>. The position equals more than <strong>4%</strong> of bitcoin's 21 million supply cap.</p><p>The latest coins were funded through Strategy's at-the-market equity program. The company sold <strong>4,531,421</strong> shares of Class A common stock for net proceeds of <strong>$602.8 million</strong> during the same week. Of that amount, <strong>$369.7 million</strong> went to bitcoin, <strong>$151.8 million</strong> funded the repurchase of <strong>1,557,177</strong> shares of STRC preferred stock, <strong>$50.7 million</strong> covered STRC dividends, and <strong>$30 million</strong> was added to the firm's USD cash account.</p><p>In a <a href="https://x.com/Strategy/status/2094396231866777976" target="_blank" rel="noopener">post on X</a>, Strategy said it had "acquired 4,603 BTC for $370M, increased USD Cash by $29M, and repurchased $152M of $STRC." As of Aug. 30, the company reported holdings of 845,050 bitcoin and <strong>$6.71 billion</strong> of USD assets, "bringing Net Leverage to 0.0%."</p><p>The purchase ends a stretch without confirmed accumulation that began after a <strong>520 BTC</strong> buy disclosed for the week of June 22, according to Strategy's <a href="https://www.strategy.com/purchases" target="_blank" rel="noopener">bitcoin ledger</a>. Earlier in the summer the firm had sold bitcoin while building dollar reserves and supporting its preferred-stock structure. The new tranche was purchased above the prevailing spot price near <strong>$78,000</strong> reported after the filing, leaving that slice of the treasury below its week-of-purchase cost while the overall book remains above the $75,412 average.</p><p>Strategy remains the largest publicly disclosed corporate holder of bitcoin. The return to buying comes as bitcoin posted a roughly <strong>24%</strong> gain in August, its strongest month since November 2024, even as traders weighed higher Treasury yields and September Federal Reserve policy risk.</p>

Strategy Buys $370 Million of Bitcoin After Two-Month Pause, Treasury Hits 845,050 BTC

<ul><li>Strategy purchased <strong>4,603 BTC</strong> for <strong>$369.7 million</strong> between Aug. 24 and Aug. 30 at an average price of <strong>$80,318</strong>.</li><li>Total holdings rose to <strong>845,050 BTC</strong>, acquired for <strong>$63.73 billion</strong> at an average cost of <strong>$75,412</strong> per coin.</li><li>The buy was funded by <strong>$602.8 million</strong> in at-the-market sales of MSTR common stock.</li><li>The company also spent <strong>$151.8 million</strong> repurchasing STRC preferred shares and reported <strong>0.0% net leverage</strong>.</li><li>The purchase is Strategy's first disclosed bitcoin accumulation since late June.</li></ul><p class="has-drop-cap">Strategy resumed bitcoin purchases after a two-month pause, acquiring <strong>4,603 BTC</strong> for approximately <strong>$369.7 million</strong> in the week ended Aug. 30, according to an <a href="https://assets.contentstack.io/v3/assets/bltf8d808d9b8cebd37/blt3276071079cd1642/6a9497da8814aaf69389c17b/form-8-k_08-31-2026.pdf" target="_blank" rel="noopener">8-K filing</a> submitted to the U.S. Securities and Exchange Commission on Aug. 31.</p><p>The Michael Saylor-led firm paid an average of <strong>$80,318</strong> per bitcoin, inclusive of fees and expenses, lifting its treasury to <strong>845,050 BTC</strong>. That stack was acquired for an aggregate <strong>$63.73 billion</strong> at a lifetime average cost of <strong>$75,412</strong> per coin, Strategy said in an <a href="https://www.strategy.com/press/strategy-acquires-4603-btc-increases-usd-cash-to-1-61-billion-and-repurchases-152-million-of-strc_08-31-2026" target="_blank" rel="noopener">official announcement</a>. The position equals more than <strong>4%</strong> of bitcoin's 21 million supply cap.</p><p>The latest coins were funded through Strategy's at-the-market equity program. The company sold <strong>4,531,421</strong> shares of Class A common stock for net proceeds of <strong>$602.8 million</strong> during the same week. Of that amount, <strong>$369.7 million</strong> went to bitcoin, <strong>$151.8 million</strong> funded the repurchase of <strong>1,557,177</strong> shares of STRC preferred stock, <strong>$50.7 million</strong> covered STRC dividends, and <strong>$30 million</strong> was added to the firm's USD cash account.</p><p>In a <a href="https://x.com/Strategy/status/2094396231866777976" target="_blank" rel="noopener">post on X</a>, Strategy said it had "acquired 4,603 BTC for $370M, increased USD Cash by $29M, and repurchased $152M of $STRC ." As of Aug. 30, the company reported holdings of 845,050 bitcoin and <strong>$6.71 billion</strong> of USD assets, "bringing Net Leverage to 0.0%."</p><p>The purchase ends a stretch without confirmed accumulation that began after a <strong>520 BTC</strong> buy disclosed for the week of June 22, according to Strategy's <a href="https://www.strategy.com/purchases" target="_blank" rel="noopener">bitcoin ledger</a>. Earlier in the summer the firm had sold bitcoin while building dollar reserves and supporting its preferred-stock structure. The new tranche was purchased above the prevailing spot price near <strong>$78,000</strong> reported after the filing, leaving that slice of the treasury below its week-of-purchase cost while the overall book remains above the $75,412 average.</p><p>Strategy remains the largest publicly disclosed corporate holder of bitcoin. The return to buying comes as bitcoin posted a roughly <strong>24%</strong> gain in August, its strongest month since November 2024, even as traders weighed higher Treasury yields and September Federal Reserve policy risk.</p>
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MicroStrategy Resumes Bitcoin Purchases With $370 Million AcquisitionMicroStrategy acquired approximately $370 million worth of Bitcoin, returning to the market for the first time since June. The latest purchase was confirmed via an official announcement by executive chairman Michael Saylor on X. The company continues to solidify its position as the largest corporate holder of the leading cryptocurrency. MicroStrategy is back on the acquisition trail, breaking a months-long buying pause by scooping up $370 million in Bitcoin. The prominent enterprise analytics firm and self-described Bitcoin development company resumed its accumulation strategy for the first time since June, further extending its lead as the preeminent corporate holder of digital assets. The latest transaction was disclosed by MicroStrategy Executive Chairman Michael Saylor via social media, highlighting the firm’s unyielding commitment to its long-term treasury reserve strategy despite recent macro volatility in crypto markets. Market analysts and cryptocurrency traders closely monitor MicroStrategy’s balance sheet updates due to the sheer scale of its holdings. With this fresh influx of capital converted into the asset, the firm’s total bitcoin reserves continue to scale new heights, reinforcing a corporate playbook that has inspired several other public companies to adopt similar treasury models. As institutional interest ebbs and flows around macroeconomic data releases and regulatory shifts, MicroStrategy’s continued validation of its holding strategy signals strong internal confidence from its leadership. Additional details regarding the average purchase price and total cumulative holdings are expected to be filed formally with the U.S. Securities and Exchange Commission in the coming days. The post MicroStrategy Resumes Bitcoin Purchases With $370 Million Acquisition appeared first on Cryptopress.

MicroStrategy Resumes Bitcoin Purchases With $370 Million Acquisition

MicroStrategy acquired approximately $370 million worth of Bitcoin, returning to the market for the first time since June.
The latest purchase was confirmed via an official announcement by executive chairman Michael Saylor on X.
The company continues to solidify its position as the largest corporate holder of the leading cryptocurrency.
MicroStrategy is back on the acquisition trail, breaking a months-long buying pause by scooping up $370 million in Bitcoin. The prominent enterprise analytics firm and self-described Bitcoin development company resumed its accumulation strategy for the first time since June, further extending its lead as the preeminent corporate holder of digital assets.
The latest transaction was disclosed by MicroStrategy Executive Chairman Michael Saylor via social media, highlighting the firm’s unyielding commitment to its long-term treasury reserve strategy despite recent macro volatility in crypto markets.
Market analysts and cryptocurrency traders closely monitor MicroStrategy’s balance sheet updates due to the sheer scale of its holdings. With this fresh influx of capital converted into the asset, the firm’s total bitcoin reserves continue to scale new heights, reinforcing a corporate playbook that has inspired several other public companies to adopt similar treasury models.
As institutional interest ebbs and flows around macroeconomic data releases and regulatory shifts, MicroStrategy’s continued validation of its holding strategy signals strong internal confidence from its leadership. Additional details regarding the average purchase price and total cumulative holdings are expected to be filed formally with the U.S. Securities and Exchange Commission in the coming days.
The post MicroStrategy Resumes Bitcoin Purchases With $370 Million Acquisition appeared first on Cryptopress.
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Tom Lee-Associated Bitmine Buys $131M of ETH in Largest Ethereum Purchase Since JuneBitmine Immersion Technologies acquired 33,546 ETH valued at approximately $131 million, according to data highlighted in a CoinDesk report. The transaction represents the firm’s single largest Ethereum acquisition since June, further expanding its digital asset treasury. The aggressive accumulation strategy comes as institutional appetite for smart contract platforms continues to show resilience. Bitmine Immersion Technologies, a firm closely associated with Fundstrat’s Tom Lee, has significantly bolstered its digital asset reserves by purchasing 33,546 ether (ETH) for approximately $131 million. The substantial allocation marks the company’s largest single Ethereum purchase since June, signaling renewed institutional conviction in the leading smart contract blockchain. According to market data and transaction tracking cited by CoinDesk, the average execution price for the tranche aligns with recent market valuations as ETH trades within a volatile macro environment. This aggressive acquisition strategy underscores a broader trend of corporate treasuries integrating proof-of-stake assets to diversify balance sheets and capture staking yields. Tom Lee, a well-known market strategist and co-founder of Fundstrat Global Advisors, has frequently maintained an optimistic outlook on major cryptocurrencies, pointing to long-term adoption cycles and macroeconomic shifts. The latest treasury expansion by Bitmine reflects a calculated bet on Ethereum’s utility, decentralized finance (DeFi) ecosystem, and upcoming network upgrades. Market analysts note that large treasury inflows of this magnitude can help absorb circulating supply, potentially providing a localized price floor. However, investors continue to monitor broader regulatory developments and macroeconomic headwinds that could influence short-term price action across digital asset markets. The post Tom Lee-Associated Bitmine Buys $131M of ETH in Largest Ethereum Purchase Since June appeared first on Cryptopress.

Tom Lee-Associated Bitmine Buys $131M of ETH in Largest Ethereum Purchase Since June

Bitmine Immersion Technologies acquired 33,546 ETH valued at approximately $131 million, according to data highlighted in a CoinDesk report.
The transaction represents the firm’s single largest Ethereum acquisition since June, further expanding its digital asset treasury.
The aggressive accumulation strategy comes as institutional appetite for smart contract platforms continues to show resilience.
Bitmine Immersion Technologies, a firm closely associated with Fundstrat’s Tom Lee, has significantly bolstered its digital asset reserves by purchasing 33,546 ether (ETH) for approximately $131 million. The substantial allocation marks the company’s largest single Ethereum purchase since June, signaling renewed institutional conviction in the leading smart contract blockchain.
According to market data and transaction tracking cited by CoinDesk, the average execution price for the tranche aligns with recent market valuations as ETH trades within a volatile macro environment. This aggressive acquisition strategy underscores a broader trend of corporate treasuries integrating proof-of-stake assets to diversify balance sheets and capture staking yields.
Tom Lee, a well-known market strategist and co-founder of Fundstrat Global Advisors, has frequently maintained an optimistic outlook on major cryptocurrencies, pointing to long-term adoption cycles and macroeconomic shifts. The latest treasury expansion by Bitmine reflects a calculated bet on Ethereum’s utility, decentralized finance (DeFi) ecosystem, and upcoming network upgrades.
Market analysts note that large treasury inflows of this magnitude can help absorb circulating supply, potentially providing a localized price floor. However, investors continue to monitor broader regulatory developments and macroeconomic headwinds that could influence short-term price action across digital asset markets.
The post Tom Lee-Associated Bitmine Buys $131M of ETH in Largest Ethereum Purchase Since June appeared first on Cryptopress.
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Japanese Yen Plummets Past 160 Per Dollar to Hit One-Month Low, Sparking Intervention FearsThe Japanese yen depreciated past 160 per U.S. dollar, reaching its lowest level in a month amid persistent monetary policy divergence. The downward pressure on the currency has heightened market anxiety regarding potential intervention by Japanese monetary authorities. Foreign exchange volatility often reverberates through broader macroeconomic markets, influencing crypto and digital asset sentiment. The Japanese yen weakened past the critical psychological threshold of 160 against the U.S. dollar, hitting a one-month low and renewing intense scrutiny over whether Tokyo will step in to support its currency. As reported by CoinDesk, the persistent weakness stems from the wide interest rate differential between the Bank of Japan and the U.S. Federal Reserve. Market participants are closely monitoring macroeconomic data releases and official commentary from Japanese finance officials. Currency traders remain on high alert for verbal warnings or direct intervention in the foreign exchange markets, similar to measures taken earlier in the year when the yen breached historical lows. According to Reuters, currency authorities have repeatedly emphasized that they are watching speculative moves closely and are prepared to take necessary action. While traditional foreign exchange movements primarily affect fiat pairs, prolonged yen depreciation frequently impacts global liquidity dynamics. Crypto investors often monitor macroeconomic shifts, including foreign exchange volatility and shifting central bank stances, as external economic pressures can influence broader risk-on sentiment across digital asset markets. As the currency hovers near these vulnerable levels, traders should anticipate heightened volatility across global financial markets. The post Japanese Yen Plummets Past 160 Per Dollar to Hit One-Month Low, Sparking Intervention Fears appeared first on Cryptopress.

Japanese Yen Plummets Past 160 Per Dollar to Hit One-Month Low, Sparking Intervention Fears

The Japanese yen depreciated past 160 per U.S. dollar, reaching its lowest level in a month amid persistent monetary policy divergence.
The downward pressure on the currency has heightened market anxiety regarding potential intervention by Japanese monetary authorities.
Foreign exchange volatility often reverberates through broader macroeconomic markets, influencing crypto and digital asset sentiment.
The Japanese yen weakened past the critical psychological threshold of 160 against the U.S. dollar, hitting a one-month low and renewing intense scrutiny over whether Tokyo will step in to support its currency. As reported by CoinDesk, the persistent weakness stems from the wide interest rate differential between the Bank of Japan and the U.S. Federal Reserve.
Market participants are closely monitoring macroeconomic data releases and official commentary from Japanese finance officials. Currency traders remain on high alert for verbal warnings or direct intervention in the foreign exchange markets, similar to measures taken earlier in the year when the yen breached historical lows. According to Reuters, currency authorities have repeatedly emphasized that they are watching speculative moves closely and are prepared to take necessary action.
While traditional foreign exchange movements primarily affect fiat pairs, prolonged yen depreciation frequently impacts global liquidity dynamics. Crypto investors often monitor macroeconomic shifts, including foreign exchange volatility and shifting central bank stances, as external economic pressures can influence broader risk-on sentiment across digital asset markets. As the currency hovers near these vulnerable levels, traders should anticipate heightened volatility across global financial markets.
The post Japanese Yen Plummets Past 160 Per Dollar to Hit One-Month Low, Sparking Intervention Fears appeared first on Cryptopress.
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Tom Lee-Associated Bitmine Buys $131M of ETH in Largest Ethereum Purchase Since June<ul><li>Bitmine Immersion Technologies acquired <strong>33,546 ETH</strong> valued at approximately <strong>$131 million</strong>, according to data highlighted in a <a href="https://www.coindesk.com/business/2024/10/18/tom-lee-backed-bitmine-buys-131m-of-eth-in-largest-ethereum-purchase-since-June" target="_blank" rel="noopener">CoinDesk report</a>.</li><li>The transaction represents the firm's single largest Ethereum acquisition since June, further expanding its digital asset treasury.</li><li>The aggressive accumulation strategy comes as institutional appetite for smart contract platforms continues to show resilience.</li></ul><p class="has-drop-cap">Bitmine Immersion Technologies, a firm closely associated with Fundstrat's Tom Lee, has significantly bolstered its digital asset reserves by purchasing <strong>33,546 ether (ETH)</strong> for approximately <strong>$131 million</strong>. The substantial allocation marks the company's largest single Ethereum purchase since June, signaling renewed institutional conviction in the leading smart contract blockchain.</p><p>According to market data and transaction tracking cited by <a href="https://www.coindesk.com/business/2024/10/18/tom-lee-backed-bitmine-buys-131m-of-eth-in-largest-ethereum-purchase-since-June" target="_blank" rel="noopener">CoinDesk</a>, the average execution price for the tranche aligns with recent market valuations as ETH trades within a volatile macro environment. This aggressive acquisition strategy underscores a broader trend of corporate treasuries integrating proof-of-stake assets to diversify balance sheets and capture staking yields.</p><p>Tom Lee, a well-known market strategist and co-founder of Fundstrat Global Advisors, has frequently maintained an optimistic outlook on major cryptocurrencies, pointing to long-term adoption cycles and macroeconomic shifts. The latest treasury expansion by Bitmine reflects a calculated bet on Ethereum's utility, decentralized finance (DeFi) ecosystem, and upcoming network upgrades.</p><p>Market analysts note that large treasury inflows of this magnitude can help absorb circulating supply, potentially providing a localized price floor. However, investors continue to monitor broader regulatory developments and macroeconomic headwinds that could influence short-term price action across digital asset markets.</p>

Tom Lee-Associated Bitmine Buys $131M of ETH in Largest Ethereum Purchase Since June

<ul><li>Bitmine Immersion Technologies acquired <strong>33,546 ETH</strong> valued at approximately <strong>$131 million</strong>, according to data highlighted in a <a href="https://www.coindesk.com/business/2024/10/18/tom-lee-backed-bitmine-buys-131m-of-eth-in-largest-ethereum-purchase-since-June" target="_blank" rel="noopener">CoinDesk report</a>.</li><li>The transaction represents the firm's single largest Ethereum acquisition since June, further expanding its digital asset treasury.</li><li>The aggressive accumulation strategy comes as institutional appetite for smart contract platforms continues to show resilience.</li></ul><p class="has-drop-cap">Bitmine Immersion Technologies, a firm closely associated with Fundstrat's Tom Lee, has significantly bolstered its digital asset reserves by purchasing <strong>33,546 ether (ETH)</strong> for approximately <strong>$131 million</strong>. The substantial allocation marks the company's largest single Ethereum purchase since June, signaling renewed institutional conviction in the leading smart contract blockchain.</p><p>According to market data and transaction tracking cited by <a href="https://www.coindesk.com/business/2024/10/18/tom-lee-backed-bitmine-buys-131m-of-eth-in-largest-ethereum-purchase-since-June" target="_blank" rel="noopener">CoinDesk</a>, the average execution price for the tranche aligns with recent market valuations as ETH trades within a volatile macro environment. This aggressive acquisition strategy underscores a broader trend of corporate treasuries integrating proof-of-stake assets to diversify balance sheets and capture staking yields.</p><p>Tom Lee, a well-known market strategist and co-founder of Fundstrat Global Advisors, has frequently maintained an optimistic outlook on major cryptocurrencies, pointing to long-term adoption cycles and macroeconomic shifts. The latest treasury expansion by Bitmine reflects a calculated bet on Ethereum's utility, decentralized finance (DeFi) ecosystem, and upcoming network upgrades.</p><p>Market analysts note that large treasury inflows of this magnitude can help absorb circulating supply, potentially providing a localized price floor. However, investors continue to monitor broader regulatory developments and macroeconomic headwinds that could influence short-term price action across digital asset markets.</p>
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MicroStrategy Resumes Bitcoin Purchases With $370 Million Acquisition<ul><li>MicroStrategy acquired approximately <strong>$370 million</strong> worth of Bitcoin, returning to the market for the first time since June.</li><li>The latest purchase was confirmed via an <a href="https://x.com/saylor/status/1836371192817811652" target="_blank" rel="noopener">official announcement by executive chairman Michael Saylor</a> on X.</li><li>The company continues to solidify its position as the largest corporate holder of the leading cryptocurrency.</li></ul><p class="has-drop-cap">MicroStrategy is back on the acquisition trail, breaking a months-long buying pause by scooping up <strong>$370 million</strong> in Bitcoin. The prominent enterprise analytics firm and self-described Bitcoin development company resumed its accumulation strategy for the first time since June, further extending its lead as the preeminent corporate holder of digital assets.</p><p>The latest transaction was disclosed by <a href="https://x.com/saylor/status/1836371192817811652" target="_blank" rel="noopener">MicroStrategy Executive Chairman Michael Saylor</a> via social media, highlighting the firm's unyielding commitment to its long-term treasury reserve strategy despite recent macro volatility in crypto markets.</p><p>Market analysts and cryptocurrency traders closely monitor MicroStrategy's balance sheet updates due to the sheer scale of its holdings. With this fresh influx of capital converted into the asset, the firm's total bitcoin reserves continue to scale new heights, reinforcing a corporate playbook that has inspired several other public companies to adopt similar treasury models.</p><p>As institutional interest ebbs and flows around macroeconomic data releases and regulatory shifts, MicroStrategy's continued validation of its holding strategy signals strong internal confidence from its leadership. Additional details regarding the average purchase price and total cumulative holdings are expected to be filed formally with the <a href="https://www.sec.gov/edgar/searchedgar/companysearch" target="_blank" rel="noopener">U.S. Securities and Exchange Commission</a> in the coming days.</p>

MicroStrategy Resumes Bitcoin Purchases With $370 Million Acquisition

<ul><li>MicroStrategy acquired approximately <strong>$370 million</strong> worth of Bitcoin, returning to the market for the first time since June.</li><li>The latest purchase was confirmed via an <a href="https://x.com/saylor/status/1836371192817811652" target="_blank" rel="noopener">official announcement by executive chairman Michael Saylor</a> on X.</li><li>The company continues to solidify its position as the largest corporate holder of the leading cryptocurrency.</li></ul><p class="has-drop-cap">MicroStrategy is back on the acquisition trail, breaking a months-long buying pause by scooping up <strong>$370 million</strong> in Bitcoin. The prominent enterprise analytics firm and self-described Bitcoin development company resumed its accumulation strategy for the first time since June, further extending its lead as the preeminent corporate holder of digital assets.</p><p>The latest transaction was disclosed by <a href="https://x.com/saylor/status/1836371192817811652" target="_blank" rel="noopener">MicroStrategy Executive Chairman Michael Saylor</a> via social media, highlighting the firm's unyielding commitment to its long-term treasury reserve strategy despite recent macro volatility in crypto markets.</p><p>Market analysts and cryptocurrency traders closely monitor MicroStrategy's balance sheet updates due to the sheer scale of its holdings. With this fresh influx of capital converted into the asset, the firm's total bitcoin reserves continue to scale new heights, reinforcing a corporate playbook that has inspired several other public companies to adopt similar treasury models.</p><p>As institutional interest ebbs and flows around macroeconomic data releases and regulatory shifts, MicroStrategy's continued validation of its holding strategy signals strong internal confidence from its leadership. Additional details regarding the average purchase price and total cumulative holdings are expected to be filed formally with the <a href="https://www.sec.gov/edgar/searchedgar/companysearch" target="_blank" rel="noopener">U.S. Securities and Exchange Commission</a> in the coming days.</p>
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Japanese Yen Plummets Past 160 Per Dollar to Hit One-Month Low, Sparking Intervention Fears<ul><li>The Japanese yen depreciated past <strong>160 per U.S. dollar</strong>, reaching its lowest level in a month amid persistent monetary policy divergence.</li><li>The downward pressure on the currency has heightened market anxiety regarding potential intervention by Japanese monetary authorities.</li><li>Foreign exchange volatility often reverberates through broader macroeconomic markets, influencing crypto and digital asset sentiment.</li></ul><p>The Japanese yen weakened past the critical psychological threshold of <strong>160 against the U.S. dollar</strong>, hitting a one-month low and renewing intense scrutiny over whether Tokyo will step in to support its currency. As reported by <a href="https://www.coindesk.com" target="_blank" rel="noopener">CoinDesk</a>, the persistent weakness stems from the wide interest rate differential between the Bank of Japan and the U.S. Federal Reserve.</p><p>Market participants are closely monitoring macroeconomic data releases and official commentary from Japanese finance officials. Currency traders remain on high alert for verbal warnings or direct intervention in the foreign exchange markets, similar to measures taken earlier in the year when the yen breached historical lows. According to <a href="https://www.reuters.com" target="_blank" rel="noopener">Reuters</a>, currency authorities have repeatedly emphasized that they are watching speculative moves closely and are prepared to take necessary action.</p><p>While traditional foreign exchange movements primarily affect fiat pairs, prolonged yen depreciation frequently impacts global liquidity dynamics. Crypto investors often monitor macroeconomic shifts, including foreign exchange volatility and shifting central bank stances, as external economic pressures can influence broader risk-on sentiment across digital asset markets. As the currency hovers near these vulnerable levels, traders should anticipate heightened volatility across global financial markets.</p>

Japanese Yen Plummets Past 160 Per Dollar to Hit One-Month Low, Sparking Intervention Fears

<ul><li>The Japanese yen depreciated past <strong>160 per U.S. dollar</strong>, reaching its lowest level in a month amid persistent monetary policy divergence.</li><li>The downward pressure on the currency has heightened market anxiety regarding potential intervention by Japanese monetary authorities.</li><li>Foreign exchange volatility often reverberates through broader macroeconomic markets, influencing crypto and digital asset sentiment.</li></ul><p>The Japanese yen weakened past the critical psychological threshold of <strong>160 against the U.S. dollar</strong>, hitting a one-month low and renewing intense scrutiny over whether Tokyo will step in to support its currency. As reported by <a href="https://www.coindesk.com" target="_blank" rel="noopener">CoinDesk</a>, the persistent weakness stems from the wide interest rate differential between the Bank of Japan and the U.S. Federal Reserve.</p><p>Market participants are closely monitoring macroeconomic data releases and official commentary from Japanese finance officials. Currency traders remain on high alert for verbal warnings or direct intervention in the foreign exchange markets, similar to measures taken earlier in the year when the yen breached historical lows. According to <a href="https://www.reuters.com" target="_blank" rel="noopener">Reuters</a>, currency authorities have repeatedly emphasized that they are watching speculative moves closely and are prepared to take necessary action.</p><p>While traditional foreign exchange movements primarily affect fiat pairs, prolonged yen depreciation frequently impacts global liquidity dynamics. Crypto investors often monitor macroeconomic shifts, including foreign exchange volatility and shifting central bank stances, as external economic pressures can influence broader risk-on sentiment across digital asset markets. As the currency hovers near these vulnerable levels, traders should anticipate heightened volatility across global financial markets.</p>
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Cronos Network Halts After Estimated $75 Million Exploit Hits TectonicCronos validators halted the Crypto.com-linked chain on Sunday after an exploit at Tectonic, the network’s largest lending protocol. Onchain researcher Weilin Li estimates about $75 million was affected after TONIC was pumped roughly 100x in 20 minutes and used as collateral. Only about $6 million was bridged to Ethereum before the halt; most remaining assets are stranded on Cronos. Tectonic TVL fell from about $121.7 million to roughly $3 million. Crypto.com said its app and exchange were not affected. The Cronos blockchain halted block production on Sunday after validators identified an exploit at Tectonic, the network’s largest lending protocol. Onchain researcher Weilin Li estimated that roughly $75 million in assets was affected, though Tectonic has not confirmed a final loss figure or a root-cause analysis. Li said the attacker inflated the price of Tectonic’s thinly traded governance token, TONIC, by about 100 times in 20 minutes, then posted the tokens as collateral and borrowed other assets from the protocol — a Mango Markets-style pump-and-borrow that exploited TONIC’s 20% collateral factor and shallow liquidity. CoinDesk reported that TONIC had about $1.34 million in liquidity and roughly $11,000 in daily volume before the attack. Most of the funds never left the chain. Li said the attacker bridged only about $6 million to Ethereum before the halt, leaving the bulk of the haul stranded on Cronos. Lookonchain later reported that about $6.29 million reached Ethereum and was swapped for 2,592 ETH, with another $68.7 million still on the paused network. Tectonic held about $121.7 million in total value locked and $82.7 million in active loans before the incident, according to DefiLlama data cited by The Block, or close to half of all DeFi deposits on Cronos. That TVL had fallen to roughly $3 million by Monday. In a separate post, Tectonic told users not to interact with the protocol until it confirmed it was safe to do so. Crypto.com CEO Kris Marszalek said the incident was confined to the independent lending app. “There has been a security breach on a Cronos lending protocol Tectonic,” he wrote on X. “Crypto.com app and exchange were not affected and are operating as usual. All funds are safe.” Cronos, which was originally developed by Crypto.com and is capped at 100 validators, said on Monday it remained halted while security teams investigated and that no restart timetable had been set. The pause trapped most of the attacker’s proceeds, but it also froze ordinary Cronos activity. Neither Cronos nor Tectonic has said whether they will restrict the attacker’s addresses, attempt a recovery, or compensate depositors. Those decisions, and any confirmed loss total, will determine how much of the estimated $75 million ultimately leaves the chain. The post Cronos Network Halts After Estimated $75 Million Exploit Hits Tectonic appeared first on Cryptopress.

Cronos Network Halts After Estimated $75 Million Exploit Hits Tectonic

Cronos validators halted the Crypto.com-linked chain on Sunday after an exploit at Tectonic, the network’s largest lending protocol.
Onchain researcher Weilin Li estimates about $75 million was affected after TONIC was pumped roughly 100x in 20 minutes and used as collateral.
Only about $6 million was bridged to Ethereum before the halt; most remaining assets are stranded on Cronos.
Tectonic TVL fell from about $121.7 million to roughly $3 million. Crypto.com said its app and exchange were not affected.
The Cronos blockchain halted block production on Sunday after validators identified an exploit at Tectonic, the network’s largest lending protocol. Onchain researcher Weilin Li estimated that roughly $75 million in assets was affected, though Tectonic has not confirmed a final loss figure or a root-cause analysis.
Li said the attacker inflated the price of Tectonic’s thinly traded governance token, TONIC, by about 100 times in 20 minutes, then posted the tokens as collateral and borrowed other assets from the protocol — a Mango Markets-style pump-and-borrow that exploited TONIC’s 20% collateral factor and shallow liquidity. CoinDesk reported that TONIC had about $1.34 million in liquidity and roughly $11,000 in daily volume before the attack.
Most of the funds never left the chain. Li said the attacker bridged only about $6 million to Ethereum before the halt, leaving the bulk of the haul stranded on Cronos. Lookonchain later reported that about $6.29 million reached Ethereum and was swapped for 2,592 ETH, with another $68.7 million still on the paused network.
Tectonic held about $121.7 million in total value locked and $82.7 million in active loans before the incident, according to DefiLlama data cited by The Block, or close to half of all DeFi deposits on Cronos. That TVL had fallen to roughly $3 million by Monday. In a separate post, Tectonic told users not to interact with the protocol until it confirmed it was safe to do so.
Crypto.com CEO Kris Marszalek said the incident was confined to the independent lending app. “There has been a security breach on a Cronos lending protocol Tectonic,” he wrote on X. “Crypto.com app and exchange were not affected and are operating as usual. All funds are safe.” Cronos, which was originally developed by Crypto.com and is capped at 100 validators, said on Monday it remained halted while security teams investigated and that no restart timetable had been set.
The pause trapped most of the attacker’s proceeds, but it also froze ordinary Cronos activity. Neither Cronos nor Tectonic has said whether they will restrict the attacker’s addresses, attempt a recovery, or compensate depositors. Those decisions, and any confirmed loss total, will determine how much of the estimated $75 million ultimately leaves the chain.
The post Cronos Network Halts After Estimated $75 Million Exploit Hits Tectonic appeared first on Cryptopress.
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Cronos Network Halts After Estimated $75 Million Exploit Hits Tectonic<ul><li>Cronos validators halted the Crypto.com-linked chain on Sunday after an exploit at Tectonic, the network’s largest lending protocol.</li><li>Onchain researcher Weilin Li estimates about <strong>$75 million</strong> was affected after TONIC was pumped roughly 100x in 20 minutes and used as collateral.</li><li>Only about <strong>$6 million</strong> was bridged to Ethereum before the halt; most remaining assets are stranded on Cronos.</li><li>Tectonic TVL fell from about <strong>$121.7 million</strong> to roughly <strong>$3 million</strong>. Crypto.com said its app and exchange were not affected.</li></ul><p class="has-drop-cap">The Cronos blockchain <a href="https://x.com/CronosNetwork/status/2094072333434769703" target="_blank" rel="noopener">halted block production on Sunday</a> after validators identified an exploit at Tectonic, the network’s largest lending protocol. Onchain researcher Weilin Li <a href="https://x.com/hklst4r/status/2094080149369000151" target="_blank" rel="noopener">estimated that roughly $75 million</a> in assets was affected, though Tectonic has not confirmed a final loss figure or a root-cause analysis.</p><p>Li said the attacker inflated the price of Tectonic’s thinly traded governance token, TONIC, by about <strong>100 times in 20 minutes</strong>, then posted the tokens as collateral and borrowed other assets from the protocol — a <a href="https://x.com/hklst4r/status/2094079327176466563" target="_blank" rel="noopener">Mango Markets-style pump-and-borrow</a> that exploited TONIC’s <strong>20%</strong> collateral factor and shallow liquidity. <a href="https://www.coindesk.com/tech/2026/08/31/cronos-halts-blockchain-after-usd75-million-lending-exploit-hits-lending-app-tectonic" target="_blank" rel="noopener">CoinDesk reported</a> that TONIC had about <strong>$1.34 million</strong> in liquidity and roughly <strong>$11,000</strong> in daily volume before the attack.</p><p>Most of the funds never left the chain. Li said the attacker bridged only about <strong>$6 million</strong> to Ethereum before the halt, leaving the bulk of the haul stranded on Cronos. <a href="https://x.com/lookonchain/status/2094231480834940992" target="_blank" rel="noopener">Lookonchain later reported</a> that about <strong>$6.29 million</strong> reached Ethereum and was swapped for <strong>2,592 ETH</strong>, with another <strong>$68.7 million</strong> still on the paused network.</p><p>Tectonic held about <strong>$121.7 million</strong> in total value locked and <strong>$82.7 million</strong> in active loans before the incident, according to <a href="https://defillama.com/protocol/tectonic" target="_blank" rel="noopener">DefiLlama data cited by The Block</a>, or close to half of all DeFi deposits on Cronos. That TVL had fallen to roughly <strong>$3 million</strong> by Monday. In a separate post, Tectonic told users <a href="https://x.com/TectonicFi/status/2094072821630799989" target="_blank" rel="noopener">not to interact with the protocol</a> until it confirmed it was safe to do so.</p><p>Crypto.com CEO Kris Marszalek said the incident was confined to the independent lending app. “There has been a security breach on a Cronos lending protocol Tectonic,” he <a href="https://x.com/kris/status/2094081766109982764" target="_blank" rel="noopener">wrote on X</a>. “Crypto.com app and exchange were not affected and are operating as usual. All funds are safe.” Cronos, which was originally developed by Crypto.com and is capped at <strong>100 validators</strong>, said on Monday it remained halted while security teams investigated and that no restart timetable had been set.</p><p>The pause trapped most of the attacker’s proceeds, but it also froze ordinary Cronos activity. Neither Cronos nor Tectonic has said whether they will restrict the attacker’s addresses, attempt a recovery, or compensate depositors. Those decisions, and any confirmed loss total, will determine how much of the estimated <strong>$75 million</strong> ultimately leaves the chain.</p>

Cronos Network Halts After Estimated $75 Million Exploit Hits Tectonic

<ul><li>Cronos validators halted the Crypto.com-linked chain on Sunday after an exploit at Tectonic, the network’s largest lending protocol.</li><li>Onchain researcher Weilin Li estimates about <strong>$75 million</strong> was affected after TONIC was pumped roughly 100x in 20 minutes and used as collateral.</li><li>Only about <strong>$6 million</strong> was bridged to Ethereum before the halt; most remaining assets are stranded on Cronos.</li><li>Tectonic TVL fell from about <strong>$121.7 million</strong> to roughly <strong>$3 million</strong>. Crypto.com said its app and exchange were not affected.</li></ul><p class="has-drop-cap">The Cronos blockchain <a href="https://x.com/CronosNetwork/status/2094072333434769703" target="_blank" rel="noopener">halted block production on Sunday</a> after validators identified an exploit at Tectonic, the network’s largest lending protocol. Onchain researcher Weilin Li <a href="https://x.com/hklst4r/status/2094080149369000151" target="_blank" rel="noopener">estimated that roughly $75 million</a> in assets was affected, though Tectonic has not confirmed a final loss figure or a root-cause analysis.</p><p>Li said the attacker inflated the price of Tectonic’s thinly traded governance token, TONIC, by about <strong>100 times in 20 minutes</strong>, then posted the tokens as collateral and borrowed other assets from the protocol — a <a href="https://x.com/hklst4r/status/2094079327176466563" target="_blank" rel="noopener">Mango Markets-style pump-and-borrow</a> that exploited TONIC’s <strong>20%</strong> collateral factor and shallow liquidity. <a href="https://www.coindesk.com/tech/2026/08/31/cronos-halts-blockchain-after-usd75-million-lending-exploit-hits-lending-app-tectonic" target="_blank" rel="noopener">CoinDesk reported</a> that TONIC had about <strong>$1.34 million</strong> in liquidity and roughly <strong>$11,000</strong> in daily volume before the attack.</p><p>Most of the funds never left the chain. Li said the attacker bridged only about <strong>$6 million</strong> to Ethereum before the halt, leaving the bulk of the haul stranded on Cronos. <a href="https://x.com/lookonchain/status/2094231480834940992" target="_blank" rel="noopener">Lookonchain later reported</a> that about <strong>$6.29 million</strong> reached Ethereum and was swapped for <strong>2,592 ETH</strong>, with another <strong>$68.7 million</strong> still on the paused network.</p><p>Tectonic held about <strong>$121.7 million</strong> in total value locked and <strong>$82.7 million</strong> in active loans before the incident, according to <a href="https://defillama.com/protocol/tectonic" target="_blank" rel="noopener">DefiLlama data cited by The Block</a>, or close to half of all DeFi deposits on Cronos. That TVL had fallen to roughly <strong>$3 million</strong> by Monday. In a separate post, Tectonic told users <a href="https://x.com/TectonicFi/status/2094072821630799989" target="_blank" rel="noopener">not to interact with the protocol</a> until it confirmed it was safe to do so.</p><p>Crypto.com CEO Kris Marszalek said the incident was confined to the independent lending app. “There has been a security breach on a Cronos lending protocol Tectonic,” he <a href="https://x.com/kris/status/2094081766109982764" target="_blank" rel="noopener">wrote on X</a>. “Crypto.com app and exchange were not affected and are operating as usual. All funds are safe.” Cronos, which was originally developed by Crypto.com and is capped at <strong>100 validators</strong>, said on Monday it remained halted while security teams investigated and that no restart timetable had been set.</p><p>The pause trapped most of the attacker’s proceeds, but it also froze ordinary Cronos activity. Neither Cronos nor Tectonic has said whether they will restrict the attacker’s addresses, attempt a recovery, or compensate depositors. Those decisions, and any confirmed loss total, will determine how much of the estimated <strong>$75 million</strong> ultimately leaves the chain.</p>
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Solana Validators Narrowly Pass First Governance Vote to Double SOL DisinflationSolana’s SGP-0002 passed with 67.00% support, just above the two-thirds supermajority required for adoption. The measure doubles annual disinflation from 15% to 30%, targeting the 1.5% inflation floor around 2029 instead of 2032. Authors estimate about 18.9 million fewer SOL will be issued over the next six years. Kraken’s largest validator flipped most of its 8.92 million SOL stake from against to for in the final hours. A separate fee-burn proposal, SGP-0003, failed with 53.90% support. Solana validators on Friday narrowly approved a plan to speed up cuts to new SOL issuance, completing the network’s first binding on-chain governance cycle after last-minute vote switches from large operators. Official results on the Solana validator governance portal show SGP-0002 finished with 176.29 million SOL in favor, 66.19 million against and 20.63 million abstaining, or 67.00% support — just 0.33 percentage points above the two-thirds bar. Participation reached 60.70% of the 433.49 million SOL eligible under the snapshot, clearing the one-third quorum. The proposal, authored by Lostin and 0xIchigo of Helius and filed as a Solana governance pull request, doubles the annual disinflation rate from 15% to 30% while leaving the 1.5% terminal inflation floor unchanged. Modeling attached to the measure estimates the path to that floor shortens from about 5.7 years to 2.8 years, removing roughly 18.9 million SOL from projected emissions over six years. The finish was not settled until the closing window. CoinDesk reported that a Kraken-linked validator representing about 2% of voting weight moved from against to for shortly before the deadline, while Galaxy-linked stake of about 1.7% shifted from mostly abstaining to majority support. On-chain records list Kraken 2 with 8,917,576 SOL recast at 10:37 UTC as 90.34% for. Helius CEO Mert Mumtaz, a backer of the change, wrote on X that “after 500 calls in the past few hours, we got all the votes in the last seconds and passed the disinflation proposal by a literal hair.” The same cycle produced a mixed economic outcome. The governance dashboard shows SGP-0001, which ratifies a Solana Constitution for future network votes, passed with 85.97% support. SGP-0003, a resource and inclusion fee overhaul that would have increased daily burns, failed at 53.90%. Decrypt reported that staking yields are projected to compress from about 5.25% toward 2.25% within three years if issuance falls as modeled, a trade-off cited by validators that opposed faster disinflation to protect reward income. Approval does not immediately change issuance. The governance portal lists SGP-0002 as finalized and ready for on-chain execution, which still requires client coordination around the related SIMD-0550 change. SOL traded near $105 after the result, according to market data cited alongside the vote coverage, leaving traders to weigh lower long-run supply against thinner staking payouts and an activation timeline that is not yet live. The post Solana Validators Narrowly Pass First Governance Vote to Double SOL Disinflation appeared first on Cryptopress.

Solana Validators Narrowly Pass First Governance Vote to Double SOL Disinflation

Solana’s SGP-0002 passed with 67.00% support, just above the two-thirds supermajority required for adoption.
The measure doubles annual disinflation from 15% to 30%, targeting the 1.5% inflation floor around 2029 instead of 2032.
Authors estimate about 18.9 million fewer SOL will be issued over the next six years.
Kraken’s largest validator flipped most of its 8.92 million SOL stake from against to for in the final hours.
A separate fee-burn proposal, SGP-0003, failed with 53.90% support.
Solana validators on Friday narrowly approved a plan to speed up cuts to new SOL issuance, completing the network’s first binding on-chain governance cycle after last-minute vote switches from large operators. Official results on the Solana validator governance portal show SGP-0002 finished with 176.29 million SOL in favor, 66.19 million against and 20.63 million abstaining, or 67.00% support — just 0.33 percentage points above the two-thirds bar.
Participation reached 60.70% of the 433.49 million SOL eligible under the snapshot, clearing the one-third quorum. The proposal, authored by Lostin and 0xIchigo of Helius and filed as a Solana governance pull request, doubles the annual disinflation rate from 15% to 30% while leaving the 1.5% terminal inflation floor unchanged. Modeling attached to the measure estimates the path to that floor shortens from about 5.7 years to 2.8 years, removing roughly 18.9 million SOL from projected emissions over six years.
The finish was not settled until the closing window. CoinDesk reported that a Kraken-linked validator representing about 2% of voting weight moved from against to for shortly before the deadline, while Galaxy-linked stake of about 1.7% shifted from mostly abstaining to majority support. On-chain records list Kraken 2 with 8,917,576 SOL recast at 10:37 UTC as 90.34% for. Helius CEO Mert Mumtaz, a backer of the change, wrote on X that “after 500 calls in the past few hours, we got all the votes in the last seconds and passed the disinflation proposal by a literal hair.”
The same cycle produced a mixed economic outcome. The governance dashboard shows SGP-0001, which ratifies a Solana Constitution for future network votes, passed with 85.97% support. SGP-0003, a resource and inclusion fee overhaul that would have increased daily burns, failed at 53.90%. Decrypt reported that staking yields are projected to compress from about 5.25% toward 2.25% within three years if issuance falls as modeled, a trade-off cited by validators that opposed faster disinflation to protect reward income.
Approval does not immediately change issuance. The governance portal lists SGP-0002 as finalized and ready for on-chain execution, which still requires client coordination around the related SIMD-0550 change. SOL traded near $105 after the result, according to market data cited alongside the vote coverage, leaving traders to weigh lower long-run supply against thinner staking payouts and an activation timeline that is not yet live.
The post Solana Validators Narrowly Pass First Governance Vote to Double SOL Disinflation appeared first on Cryptopress.
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Solana Validators Narrowly Pass First Governance Vote to Double SOL Disinflation<ul><li>Solana's SGP-0002 passed with 67.00% support, just above the two-thirds supermajority required for adoption.</li><li>The measure doubles annual disinflation from 15% to 30%, targeting the 1.5% inflation floor around 2029 instead of 2032.</li><li>Authors estimate about 18.9 million fewer SOL will be issued over the next six years.</li><li>Kraken's largest validator flipped most of its 8.92 million SOL stake from against to for in the final hours.</li><li>A separate fee-burn proposal, SGP-0003, failed with 53.90% support.</li></ul><p>Solana validators on Friday narrowly approved a plan to speed up cuts to new SOL issuance, completing the network's first binding on-chain governance cycle after last-minute vote switches from large operators. Official results on the <a href="https://governance.solana.com/proposal/7QJD8MzheHWJLHS39NkoAbFCGFKg5d9QbVviRqD4YExP" target="_blank" rel="noopener">Solana validator governance portal</a> show <strong>SGP-0002</strong> finished with <strong>176.29 million SOL</strong> in favor, <strong>66.19 million</strong> against and <strong>20.63 million</strong> abstaining, or <strong>67.00%</strong> support — just 0.33 percentage points above the two-thirds bar.</p><p>Participation reached <strong>60.70%</strong> of the <strong>433.49 million SOL</strong> eligible under the snapshot, clearing the one-third quorum. The proposal, authored by Lostin and 0xIchigo of Helius and filed as a <a href="https://github.com/solana-foundation/solana-governance-proposals/pull/4" target="_blank" rel="noopener">Solana governance pull request</a>, doubles the annual disinflation rate from <strong>15%</strong> to <strong>30%</strong> while leaving the <strong>1.5%</strong> terminal inflation floor unchanged. Modeling attached to the measure estimates the path to that floor shortens from about <strong>5.7 years to 2.8 years</strong>, removing roughly <strong>18.9 million SOL</strong> from projected emissions over six years.</p><p>The finish was not settled until the closing window. <a href="https://www.coindesk.com/tech/2026/08/28/solana-vote-to-double-disinflation-passes-by-a-hair-in-dramatic-finish" target="_blank" rel="noopener">CoinDesk reported</a> that a Kraken-linked validator representing about <strong>2%</strong> of voting weight moved from against to for shortly before the deadline, while Galaxy-linked stake of about <strong>1.7%</strong> shifted from mostly abstaining to majority support. On-chain records list Kraken 2 with <strong>8,917,576 SOL</strong> recast at 10:37 UTC as <strong>90.34%</strong> for. Helius CEO Mert Mumtaz, a backer of the change, wrote on <a href="https://x.com/mert/status/2093359812633616577" target="_blank" rel="noopener">X</a> that “after 500 calls in the past few hours, we got all the votes in the last seconds and passed the disinflation proposal by a literal hair.”</p><p>The same cycle produced a mixed economic outcome. The <a href="https://governance.solana.com/proposals" target="_blank" rel="noopener">governance dashboard</a> shows <strong>SGP-0001</strong>, which ratifies a Solana Constitution for future network votes, passed with <strong>85.97%</strong> support. <strong>SGP-0003</strong>, a resource and inclusion fee overhaul that would have increased daily burns, failed at <strong>53.90%</strong>. <a href="https://decrypt.co/376825/solana-sol-disinflation-vote-passes" target="_blank" rel="noopener">Decrypt reported</a> that staking yields are projected to compress from about <strong>5.25%</strong> toward <strong>2.25%</strong> within three years if issuance falls as modeled, a trade-off cited by validators that opposed faster disinflation to protect reward income.</p><p>Approval does not immediately change issuance. The governance portal lists SGP-0002 as finalized and ready for on-chain execution, which still requires client coordination around the related SIMD-0550 change. SOL traded near <strong>$105</strong> after the result, according to market data cited alongside the vote coverage, leaving traders to weigh lower long-run supply against thinner staking payouts and an activation timeline that is not yet live.</p>

Solana Validators Narrowly Pass First Governance Vote to Double SOL Disinflation

<ul><li>Solana's SGP-0002 passed with 67.00% support, just above the two-thirds supermajority required for adoption.</li><li>The measure doubles annual disinflation from 15% to 30%, targeting the 1.5% inflation floor around 2029 instead of 2032.</li><li>Authors estimate about 18.9 million fewer SOL will be issued over the next six years.</li><li>Kraken's largest validator flipped most of its 8.92 million SOL stake from against to for in the final hours.</li><li>A separate fee-burn proposal, SGP-0003, failed with 53.90% support.</li></ul><p>Solana validators on Friday narrowly approved a plan to speed up cuts to new SOL issuance, completing the network's first binding on-chain governance cycle after last-minute vote switches from large operators. Official results on the <a href="https://governance.solana.com/proposal/7QJD8MzheHWJLHS39NkoAbFCGFKg5d9QbVviRqD4YExP" target="_blank" rel="noopener">Solana validator governance portal</a> show <strong>SGP-0002</strong> finished with <strong>176.29 million SOL</strong> in favor, <strong>66.19 million</strong> against and <strong>20.63 million</strong> abstaining, or <strong>67.00%</strong> support — just 0.33 percentage points above the two-thirds bar.</p><p>Participation reached <strong>60.70%</strong> of the <strong>433.49 million SOL</strong> eligible under the snapshot, clearing the one-third quorum. The proposal, authored by Lostin and 0xIchigo of Helius and filed as a <a href="https://github.com/solana-foundation/solana-governance-proposals/pull/4" target="_blank" rel="noopener">Solana governance pull request</a>, doubles the annual disinflation rate from <strong>15%</strong> to <strong>30%</strong> while leaving the <strong>1.5%</strong> terminal inflation floor unchanged. Modeling attached to the measure estimates the path to that floor shortens from about <strong>5.7 years to 2.8 years</strong>, removing roughly <strong>18.9 million SOL</strong> from projected emissions over six years.</p><p>The finish was not settled until the closing window. <a href="https://www.coindesk.com/tech/2026/08/28/solana-vote-to-double-disinflation-passes-by-a-hair-in-dramatic-finish" target="_blank" rel="noopener">CoinDesk reported</a> that a Kraken-linked validator representing about <strong>2%</strong> of voting weight moved from against to for shortly before the deadline, while Galaxy-linked stake of about <strong>1.7%</strong> shifted from mostly abstaining to majority support. On-chain records list Kraken 2 with <strong>8,917,576 SOL</strong> recast at 10:37 UTC as <strong>90.34%</strong> for. Helius CEO Mert Mumtaz, a backer of the change, wrote on <a href="https://x.com/mert/status/2093359812633616577" target="_blank" rel="noopener">X</a> that “after 500 calls in the past few hours, we got all the votes in the last seconds and passed the disinflation proposal by a literal hair.”</p><p>The same cycle produced a mixed economic outcome. The <a href="https://governance.solana.com/proposals" target="_blank" rel="noopener">governance dashboard</a> shows <strong>SGP-0001</strong>, which ratifies a Solana Constitution for future network votes, passed with <strong>85.97%</strong> support. <strong>SGP-0003</strong>, a resource and inclusion fee overhaul that would have increased daily burns, failed at <strong>53.90%</strong>. <a href="https://decrypt.co/376825/solana-sol-disinflation-vote-passes" target="_blank" rel="noopener">Decrypt reported</a> that staking yields are projected to compress from about <strong>5.25%</strong> toward <strong>2.25%</strong> within three years if issuance falls as modeled, a trade-off cited by validators that opposed faster disinflation to protect reward income.</p><p>Approval does not immediately change issuance. The governance portal lists SGP-0002 as finalized and ready for on-chain execution, which still requires client coordination around the related SIMD-0550 change. SOL traded near <strong>$105</strong> after the result, according to market data cited alongside the vote coverage, leaving traders to weigh lower long-run supply against thinner staking payouts and an activation timeline that is not yet live.</p>
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Bitcoin’s Spot Demand Flips Positive: What History Says Comes NextOn July 23, Bitcoin’s 30-day apparent spot demand sat at roughly –206,000 BTC. That is not a soft reading. It means the market was absorbing far less coin than miners were issuing and old holders were reactivating. Price was stuck in the low $60,000s. The tape felt empty. Three weeks later the same metric was hugging zero — about –5,000 BTC — for the first time since February 26, 2026. By the last week of August, CryptoQuant’s demand-to-issuance ratio had spent six straight days above 1, last printed at 2.52, after touching 3.16 on August 21. The July low on that ratio was –6.93. Direction flipped. Magnitude did not. Price did the loud part. From August 17 to the August 25 high near $80,000–$81,200, Bitcoin rallied about 24%. CryptoQuant’s Bull Score jumped from 30 to 80 in a week — the most bullish print since October 6, 2025, when Bitcoin last traded around $124,000. Eight of ten inputs in that score are now green. That is a regime change on a dashboard. It is not yet a confirmed bull market. The useful question is narrower: when spot demand crosses from contraction into expansion, what has price usually done next — and what is already overheating? What “apparent spot demand” actually measures Apparent demand is an accounting identity, not a sentiment poll. Over a rolling window (CryptoQuant uses 30 days), you compare: new coins from issuance, plus older coins coming back to life, against the coins that leave exchanges, go dormant, or otherwise get taken off the liquid float. A negative reading means more Bitcoin is being offered than the spot market is absorbing. A positive reading means buyers are taking down more than the network is adding and unlocking. The zero line is the regime switch. That is why the metric stayed ugly for so long this year. Apparent demand spent most of 2026 in the red, with prints near –147,000 BTC in May and a long stretch of consecutive negative days earlier in the summer. Price could bounce on leverage. The float was still leaking. One more distinction matters. CryptoQuant separates spot apparent demand from perpetual-futures demand. The first is coins changing hands for keeps. The second is positioning. They do not have the same forward record. Why the spot zero-cross is the signal that has worked CryptoQuant’s August 18 note is the cleanest statement of the historical test. When 30-day apparent spot demand crosses from negative to positive — using independent, de-clustered events — Bitcoin’s median move over the next 60 days has been +18.1%, with a 78% win rate. The same zero-cross in perpetual-futures demand has almost no edge: medians near zero, win rates around 48–57%. Leverage can lift the print. It has not been the thing that holds the print. That is the entire argument for caring about this particular flip and ignoring a dozen other “demand” headlines. April and May already ran the experiment in reverse. Futures demand went sharply positive while spot stayed negative. Price ran from roughly $70,000 toward $82,000, then gave the move back in June when futures demand printed its deepest negative on that chart. Spot never confirmed. The rally did not keep the level. This time both series turned together — the first simultaneous expansion since early October 2025. That is better structure than a pure squeeze. It is still a shallow cross. A 30-day sum that just cleared zero can fall back through it in a week. Persistence is the confirmation, not the first green print. Valuation is why the historical hit rate jumps to 87% The same study splits the sample by valuation regime. Spot demand cross-ups that fire while MVRV sits below its 365-day moving average have delivered a +23.3% median over 60 days and an 87% win rate. That was the setup CryptoQuant described in mid-August. MVRV — market value divided by realized value — is the market’s average multiple over the aggregate on-chain cost basis. When it is depressed relative to its own one-year average, new spot buying is arriving into cheap coins, not into a crowd that is already up several times its cost. The ratio itself is no longer at the summer floor. Daily snapshots around August 25 put headline MVRV near 1.49, after a lift from the mid-1.2s during the rebound. That is “fair,” not capitulation. Long-term-holder MVRV had been grinding toward 1.24–1.28 earlier in the summer — stressed, not broken. The bear-valuation condition that powered the 87% bucket was the relationship to the 365-day MVRV average, not a reading under 1.0. Treat the 87% figure as a conditional historical rate on a small set of independent events, which is exactly how CryptoQuant labeled it: a tailwind, not a guarantee, and only after the demand turn actually completes. Setup Median 60-day move Win rate Spot demand crosses above zero +18.1% 78% Same cross while MVRV is below its 365-day average +23.3% 87% Perpetual-futures demand crosses above zero ~0% 48–57% Source: CryptoQuant, August 18, 2026 research note. De-clustered historical events. Sample is limited. The rally, the Bull Score, and the line that still matters: $83,000 The price path is simple. August 16–17: Bitcoin around $63,000–$64,500. August 19–21: the vertical part of the move, through $69,000, $73,000, then $78,000. August 25: session high above $81,000. August 26: back near $78,000–$79,000. That is a squeeze plus a demand impulse, not a slow grind. Coinbase data from the same week showed the 30-period outflow average exploding as coins left the exchange during the lift — the spot footprint of the move, not just perpetual volume. US spot Bitcoin ETFs added about $1.92 billion in the week ending August 21, with all five sessions positive. That is real bid, even if it is not yet a new structural wave. CryptoQuant’s August 25 regime note went further than the demand study. Julio Moreno, head of research, called it the initial phase of a new bull market: valuation, demand, and liquidity had switched. The Bull Score’s leap from 30 to 80 is the summary statistic. Eight of ten components are bullish. Apparent spot demand is expanding at its fastest monthly pace since late December. The firm still withholds the official stamp. Historically, CryptoQuant treats a close above the 365-day moving average as the cycle divider — bull markets when price crosses up, bear markets when it crosses down. That average sits near $83,000–$83,100. Price closed the recent push about 5% below it. Until a decisive close above $83,000, that line is resistance, and an early-bull correction remains on the table. Two macro headlines sat under the bid: the US Treasury saying it will lift long-term bond buybacks to at least $4 billion per operation from September 9, and a political hint that the US government might consider buying Bitcoin. Markets can reprice those stories in a session. They cannot replace a weekly close through the 365-day average. The other half of the tape: the move is already short-term hot A demand turn and an overheated tape can exist on the same day. That is the current market. Trader unrealized profit jumped to 20.5%, the highest since June 2025. CryptoQuant has already flagged what that print did last time: Bitcoin fell about 30% after the metric reached 19% in early May, when price was near $82,000. The level is a warning about distribution risk among fast money, not a prophecy. Whales took the offer. Short-term-holder whales realized roughly $1.2 billion between August 20 and 22, including a record $614 million on August 20 alone. That is the textbook response to a vertical 24% rip: coins that sat through the $60,000s coming up for air. Exchange inflows rose. Bitcoin inflows printed around 53,000 BTC, the highest since June. ETH and XRP inflows rose with them. Coins moving onto venues are not automatically sold. They are newly available to be sold. That is the distinction that matters for the next two to four weeks. Axel Adler Jr.’s August 26 update is the sobriety check on the demand side itself. Realized-cap relative change finally turned positive at +0.21% — first green since late May — and the 30-day demand/issuance ratio is above 1. Both are still weak in absolute terms. Among positive realized-cap readings since 2024, the median is +3.24%; +0.21% sits in the bottom 3–4%. When the demand ratio is above 1, the historical median is 7.65; 2.52 sits in the bottom 10%. The direction changed. The cycle-strength reading has not. That is the honest frame: a regime shift, not a regime that is already strong. How to read the next 60 days without turning history into a forecast History’s 78% and 87% figures are useful only if you keep CryptoQuant’s own caveat in front of them. The events were de-clustered. The sample is small. A demand turn is a tailwind after it completes, not a timer that starts the day a chart kisses zero. What is actually testable from here: Does 30-day apparent spot demand stay positive? A one-week dip back below zero would put this print in the “failed cross” bucket, which is how several mid-cycle head-fakes have died. Does the demand/issuance ratio expand past the bottom decile? A move from 2.5 toward the historical median near 7 would mean buyers are doing more than covering issuance. Does realized-cap change hold above zero and thicken? +0.21% is a flicker. Sustained positive realized cap is capital entering the asset, not just price marking up existing coins. Does price accept above the 365-day average near $83,000? That is CryptoQuant’s official confirmation line. Until then, $83,000 is the ceiling of the “initial phase.” Do exchange inflows and whale realizations fade, or do they accelerate into weakness? Profit-taking into a bid is healthy. Profit-taking into a stalled bid is how 20% trader margins mean-revert. Spot demand leading futures is the structural improvement versus April–May. ETF inflows and Coinbase outflows say some of the bid is cash, not just open interest. The overheating cluster says the first pause is allowed — even likely — without killing the regime call. None of that requires a price target. The 60-day historical median from a completed spot cross, from current levels, is a range around the mid-$90,000s if the +18% analog holds, or higher if the depressed-MVRV analog holds. Those are reference points from prior events, not a map of September. Conclusion Bitcoin did not invent a new cycle because it tagged $80,000. It changed the sign on the one demand series that has actually preceded 60-day gains. Apparent spot demand crawled out of a –206,000 BTC hole. Spot and futures demand expanded together for the first time since October 2025. The Bull Score went from washed-out to 80. MVRV is no longer crushed, but the cross occurred while valuations were still cheap versus their one-year baseline — the bucket with the 87% historical hit rate. The same week produced a 20.5% trader profit margin, a $614 million whale realization day, and the largest Bitcoin exchange inflow since June. That is how early regime shifts look: the slow metric turns, the fast money overshoots, and the 365-day average at $83,000 sits there as the adult in the room. Watch whether spot demand stays above zero. Watch whether $83,000 becomes support instead of rejection. Everything else is commentary on a one-week squeeze. Subscribe for more on-chain and market structure pieces at https://cryptopress.substack.com/subscribe. This is not financial advice. On-chain history is a small sample dressed in clean percentages. The post Bitcoin’s Spot Demand Flips Positive: What History Says Comes Next appeared first on Cryptopress.

Bitcoin’s Spot Demand Flips Positive: What History Says Comes Next

On July 23, Bitcoin’s 30-day apparent spot demand sat at roughly –206,000 BTC. That is not a soft reading. It means the market was absorbing far less coin than miners were issuing and old holders were reactivating. Price was stuck in the low $60,000s. The tape felt empty.
Three weeks later the same metric was hugging zero — about –5,000 BTC — for the first time since February 26, 2026. By the last week of August, CryptoQuant’s demand-to-issuance ratio had spent six straight days above 1, last printed at 2.52, after touching 3.16 on August 21. The July low on that ratio was –6.93. Direction flipped. Magnitude did not.
Price did the loud part. From August 17 to the August 25 high near $80,000–$81,200, Bitcoin rallied about 24%. CryptoQuant’s Bull Score jumped from 30 to 80 in a week — the most bullish print since October 6, 2025, when Bitcoin last traded around $124,000. Eight of ten inputs in that score are now green. That is a regime change on a dashboard. It is not yet a confirmed bull market.
The useful question is narrower: when spot demand crosses from contraction into expansion, what has price usually done next — and what is already overheating?
What “apparent spot demand” actually measures
Apparent demand is an accounting identity, not a sentiment poll.
Over a rolling window (CryptoQuant uses 30 days), you compare:
new coins from issuance, plus
older coins coming back to life,
against the coins that leave exchanges, go dormant, or otherwise get taken off the liquid float.
A negative reading means more Bitcoin is being offered than the spot market is absorbing. A positive reading means buyers are taking down more than the network is adding and unlocking. The zero line is the regime switch.
That is why the metric stayed ugly for so long this year. Apparent demand spent most of 2026 in the red, with prints near –147,000 BTC in May and a long stretch of consecutive negative days earlier in the summer. Price could bounce on leverage. The float was still leaking.
One more distinction matters. CryptoQuant separates spot apparent demand from perpetual-futures demand. The first is coins changing hands for keeps. The second is positioning. They do not have the same forward record.
Why the spot zero-cross is the signal that has worked
CryptoQuant’s August 18 note is the cleanest statement of the historical test.
When 30-day apparent spot demand crosses from negative to positive — using independent, de-clustered events — Bitcoin’s median move over the next 60 days has been +18.1%, with a 78% win rate.
The same zero-cross in perpetual-futures demand has almost no edge: medians near zero, win rates around 48–57%. Leverage can lift the print. It has not been the thing that holds the print.
That is the entire argument for caring about this particular flip and ignoring a dozen other “demand” headlines.
April and May already ran the experiment in reverse. Futures demand went sharply positive while spot stayed negative. Price ran from roughly $70,000 toward $82,000, then gave the move back in June when futures demand printed its deepest negative on that chart. Spot never confirmed. The rally did not keep the level.
This time both series turned together — the first simultaneous expansion since early October 2025. That is better structure than a pure squeeze. It is still a shallow cross. A 30-day sum that just cleared zero can fall back through it in a week. Persistence is the confirmation, not the first green print.
Valuation is why the historical hit rate jumps to 87%
The same study splits the sample by valuation regime.
Spot demand cross-ups that fire while MVRV sits below its 365-day moving average have delivered a +23.3% median over 60 days and an 87% win rate. That was the setup CryptoQuant described in mid-August.
MVRV — market value divided by realized value — is the market’s average multiple over the aggregate on-chain cost basis. When it is depressed relative to its own one-year average, new spot buying is arriving into cheap coins, not into a crowd that is already up several times its cost.
The ratio itself is no longer at the summer floor. Daily snapshots around August 25 put headline MVRV near 1.49, after a lift from the mid-1.2s during the rebound. That is “fair,” not capitulation. Long-term-holder MVRV had been grinding toward 1.24–1.28 earlier in the summer — stressed, not broken. The bear-valuation condition that powered the 87% bucket was the relationship to the 365-day MVRV average, not a reading under 1.0.
Treat the 87% figure as a conditional historical rate on a small set of independent events, which is exactly how CryptoQuant labeled it: a tailwind, not a guarantee, and only after the demand turn actually completes.
Setup Median 60-day move Win rate Spot demand crosses above zero +18.1% 78% Same cross while MVRV is below its 365-day average +23.3% 87% Perpetual-futures demand crosses above zero ~0% 48–57%
Source: CryptoQuant, August 18, 2026 research note. De-clustered historical events. Sample is limited.
The rally, the Bull Score, and the line that still matters: $83,000
The price path is simple.
August 16–17: Bitcoin around $63,000–$64,500.
August 19–21: the vertical part of the move, through $69,000, $73,000, then $78,000.
August 25: session high above $81,000.
August 26: back near $78,000–$79,000.
That is a squeeze plus a demand impulse, not a slow grind. Coinbase data from the same week showed the 30-period outflow average exploding as coins left the exchange during the lift — the spot footprint of the move, not just perpetual volume. US spot Bitcoin ETFs added about $1.92 billion in the week ending August 21, with all five sessions positive. That is real bid, even if it is not yet a new structural wave.
CryptoQuant’s August 25 regime note went further than the demand study. Julio Moreno, head of research, called it the initial phase of a new bull market: valuation, demand, and liquidity had switched. The Bull Score’s leap from 30 to 80 is the summary statistic. Eight of ten components are bullish. Apparent spot demand is expanding at its fastest monthly pace since late December.
The firm still withholds the official stamp.
Historically, CryptoQuant treats a close above the 365-day moving average as the cycle divider — bull markets when price crosses up, bear markets when it crosses down. That average sits near $83,000–$83,100. Price closed the recent push about 5% below it. Until a decisive close above $83,000, that line is resistance, and an early-bull correction remains on the table.
Two macro headlines sat under the bid: the US Treasury saying it will lift long-term bond buybacks to at least $4 billion per operation from September 9, and a political hint that the US government might consider buying Bitcoin. Markets can reprice those stories in a session. They cannot replace a weekly close through the 365-day average.
The other half of the tape: the move is already short-term hot
A demand turn and an overheated tape can exist on the same day. That is the current market.
Trader unrealized profit jumped to 20.5%, the highest since June 2025. CryptoQuant has already flagged what that print did last time: Bitcoin fell about 30% after the metric reached 19% in early May, when price was near $82,000. The level is a warning about distribution risk among fast money, not a prophecy.
Whales took the offer. Short-term-holder whales realized roughly $1.2 billion between August 20 and 22, including a record $614 million on August 20 alone. That is the textbook response to a vertical 24% rip: coins that sat through the $60,000s coming up for air.
Exchange inflows rose. Bitcoin inflows printed around 53,000 BTC, the highest since June. ETH and XRP inflows rose with them. Coins moving onto venues are not automatically sold. They are newly available to be sold. That is the distinction that matters for the next two to four weeks.
Axel Adler Jr.’s August 26 update is the sobriety check on the demand side itself. Realized-cap relative change finally turned positive at +0.21% — first green since late May — and the 30-day demand/issuance ratio is above 1. Both are still weak in absolute terms. Among positive realized-cap readings since 2024, the median is +3.24%; +0.21% sits in the bottom 3–4%. When the demand ratio is above 1, the historical median is 7.65; 2.52 sits in the bottom 10%. The direction changed. The cycle-strength reading has not.
That is the honest frame: a regime shift, not a regime that is already strong.
How to read the next 60 days without turning history into a forecast
History’s 78% and 87% figures are useful only if you keep CryptoQuant’s own caveat in front of them. The events were de-clustered. The sample is small. A demand turn is a tailwind after it completes, not a timer that starts the day a chart kisses zero.
What is actually testable from here:
Does 30-day apparent spot demand stay positive? A one-week dip back below zero would put this print in the “failed cross” bucket, which is how several mid-cycle head-fakes have died.
Does the demand/issuance ratio expand past the bottom decile? A move from 2.5 toward the historical median near 7 would mean buyers are doing more than covering issuance.
Does realized-cap change hold above zero and thicken? +0.21% is a flicker. Sustained positive realized cap is capital entering the asset, not just price marking up existing coins.
Does price accept above the 365-day average near $83,000? That is CryptoQuant’s official confirmation line. Until then, $83,000 is the ceiling of the “initial phase.”
Do exchange inflows and whale realizations fade, or do they accelerate into weakness? Profit-taking into a bid is healthy. Profit-taking into a stalled bid is how 20% trader margins mean-revert.
Spot demand leading futures is the structural improvement versus April–May. ETF inflows and Coinbase outflows say some of the bid is cash, not just open interest. The overheating cluster says the first pause is allowed — even likely — without killing the regime call.
None of that requires a price target. The 60-day historical median from a completed spot cross, from current levels, is a range around the mid-$90,000s if the +18% analog holds, or higher if the depressed-MVRV analog holds. Those are reference points from prior events, not a map of September.
Conclusion
Bitcoin did not invent a new cycle because it tagged $80,000. It changed the sign on the one demand series that has actually preceded 60-day gains.
Apparent spot demand crawled out of a –206,000 BTC hole. Spot and futures demand expanded together for the first time since October 2025. The Bull Score went from washed-out to 80. MVRV is no longer crushed, but the cross occurred while valuations were still cheap versus their one-year baseline — the bucket with the 87% historical hit rate.
The same week produced a 20.5% trader profit margin, a $614 million whale realization day, and the largest Bitcoin exchange inflow since June. That is how early regime shifts look: the slow metric turns, the fast money overshoots, and the 365-day average at $83,000 sits there as the adult in the room.
Watch whether spot demand stays above zero. Watch whether $83,000 becomes support instead of rejection. Everything else is commentary on a one-week squeeze.
Subscribe for more on-chain and market structure pieces at https://cryptopress.substack.com/subscribe.
This is not financial advice. On-chain history is a small sample dressed in clean percentages.
The post Bitcoin’s Spot Demand Flips Positive: What History Says Comes Next appeared first on Cryptopress.
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Solana Validators Narrowly Pass Faster SOL Issuance Cuts in First Network-wide VoteSolana validators approved SGP-0002, doubling the annual disinflation rate from 15% to 30%. The measure passed with 67% support and 60.7% participation, clearing a two-thirds threshold by a slim margin. The change is projected to cut about 18.9 million SOL in new issuance over six years and bring terminal 1.5% inflation forward to around 2029. A companion fee-burn proposal failed; a Solana Constitution proposal passed. Kraken and Galaxy-linked validators shifted late, tipping the tally. Solana validators on Friday approved a plan to shrink new SOL issuance faster, in the network’s first binding, network-wide governance vote, after late swings from large custodians pushed the measure over a two-thirds threshold. The finalized tally showed 176.29 million SOL in favor of SGP-0002, or about 67% of displayed turnout, against 66.19 million SOL opposed and 20.63 million SOL abstaining. Participation reached 60.7% of the 433.49 million SOL snapshot, above the one-third quorum. Support among decisive (for-plus-against) stake was higher, at roughly 72.7%. Authored by Helius contributors Lostin and 0xIchigo, the accepted proposal doubles Solana’s annual disinflation rate from 15% to 30% while leaving the long-term inflation floor at 1.5%. The schedule would reach that terminal rate in about 2.8 years instead of roughly 5.7 years, removing an estimated 18.9 million SOL from projected emissions over six years. The vote went to the wire. CoinDesk reported that a Kraken-linked validator flipped from against to for near the deadline and that Galaxy-linked stake moved from mostly abstaining to majority support. Helius CEO Mert Mumtaz wrote on X that after hundreds of calls, “we got all the votes in the last seconds and passed the disinflation proposal by a literal hair.” Staking firms were split. Figment was among the largest no votes, while Helius and Jupiter backed the cut, according to Cointelegraph. Faster disinflation reduces dilution for holders but also compresses staking yields as issuance declines. The change still requires client implementation and a feature-gate activation via SIMD-0550; it is not live yet. Validators separately ratified SGP-0001, a constitution setting future voting rules, and rejected SGP-0003, which would have burned a larger share of transaction fees. SOL traded near $104-$106 after the close, off session highs near $110. The post Solana validators narrowly pass faster SOL issuance cuts in first network-wide vote appeared first on Cryptopress.

Solana Validators Narrowly Pass Faster SOL Issuance Cuts in First Network-wide Vote

Solana validators approved SGP-0002, doubling the annual disinflation rate from 15% to 30%.
The measure passed with 67% support and 60.7% participation, clearing a two-thirds threshold by a slim margin.
The change is projected to cut about 18.9 million SOL in new issuance over six years and bring terminal 1.5% inflation forward to around 2029.
A companion fee-burn proposal failed; a Solana Constitution proposal passed.
Kraken and Galaxy-linked validators shifted late, tipping the tally.
Solana validators on Friday approved a plan to shrink new SOL issuance faster, in the network’s first binding, network-wide governance vote, after late swings from large custodians pushed the measure over a two-thirds threshold.
The finalized tally showed 176.29 million SOL in favor of SGP-0002, or about 67% of displayed turnout, against 66.19 million SOL opposed and 20.63 million SOL abstaining. Participation reached 60.7% of the 433.49 million SOL snapshot, above the one-third quorum. Support among decisive (for-plus-against) stake was higher, at roughly 72.7%.
Authored by Helius contributors Lostin and 0xIchigo, the accepted proposal doubles Solana’s annual disinflation rate from 15% to 30% while leaving the long-term inflation floor at 1.5%. The schedule would reach that terminal rate in about 2.8 years instead of roughly 5.7 years, removing an estimated 18.9 million SOL from projected emissions over six years.
The vote went to the wire. CoinDesk reported that a Kraken-linked validator flipped from against to for near the deadline and that Galaxy-linked stake moved from mostly abstaining to majority support. Helius CEO Mert Mumtaz wrote on X that after hundreds of calls, “we got all the votes in the last seconds and passed the disinflation proposal by a literal hair.”
Staking firms were split. Figment was among the largest no votes, while Helius and Jupiter backed the cut, according to Cointelegraph. Faster disinflation reduces dilution for holders but also compresses staking yields as issuance declines. The change still requires client implementation and a feature-gate activation via SIMD-0550; it is not live yet.
Validators separately ratified SGP-0001, a constitution setting future voting rules, and rejected SGP-0003, which would have burned a larger share of transaction fees. SOL traded near $104-$106 after the close, off session highs near $110.
The post Solana validators narrowly pass faster SOL issuance cuts in first network-wide vote appeared first on Cryptopress.
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Win While You Stake: Gamified DeFi on Solana 🎰Tramplin is a gamified, prize-linked staking protocol native to the Solana blockchain. Designed to merge decentralized finance (DeFi) yields with lottery mechanics, the protocol enables users to stake supported assets while automatically participating in recurring prize draws. Instead of traditional, static staking where participants only accrue standard yields, Tramplin aggregates collective staking rewards to fund automated jackpot prize pools. This prize-linked model allows participants to retain complete exposure to their underlying principal while enjoying the upside of large jackpot distributions alongside standard base returns. Feature Details Name Tramplin Yield Variable (Base Staking Yield + Jackpot Draws) Sector Gamified Prize-Linked Staking / DeFi Chains Solana Tramplin creates asymmetric reward profiles through an automated, low-touch staking architecture: Dual-Tier Returns: Stakers generate returns through a combination of regular baseline yields and periodic prize draws. Automated Prize Distribution: The protocol automatically calculates and executes prize pool draws on-chain, eliminating the need for manual ticket purchasing or complex draw participation. High Efficiency on Solana: By utilizing Solana’s sub-second finality and low transaction costs, reward distributions and deposit management execute with minimal friction and negligible network fees. Principal Preservation: Stakers maintain ownership of their deposited capital, meaning draw participation is fully funded via generated yield rather than initial principal. Passive Automation: Low barrier to entry and low ongoing effort—users simply deposit and let the protocol handle distribution cycles. Asymmetric Upside: Stakers retain standard yield expectations while gaining exposure to jackpot payouts. Smart Contract Logic Vulnerabilities: Staked funds interact with programmatic vaults and distribution logic, exposing capital to potential smart contract defects. Yield Variance: Because a portion of the aggregate returns is redirected to jackpot winners, individual APY/APR can fluctuate significantly based on draw outcomes and pool sizes. Connect Wallet: Visit the official interface at tramplin.io and connect a Solana-compatible Web3 wallet (such as Phantom or Solflare). Select Staking Vault: Review the active pools, baseline yields, and active jackpot prize structures in the protocol dashboard. Deposit Assets: Approve the transaction to deposit and stake your chosen Solana assets into the prize-linked vault contract. Automated Entry: Once deposited, your staked position automatically accrues baseline yield and qualifies your wallet for all scheduled prize draws. Harvest & Compound: Claim your earned base rewards and any prize pool winnings directly through the dApp, or re-stake them to compound your draw eligibility. The post Win While You Stake: Gamified DeFi on Solana 🎰 appeared first on Cryptopress.

Win While You Stake: Gamified DeFi on Solana 🎰

Tramplin is a gamified, prize-linked staking protocol native to the Solana blockchain. Designed to merge decentralized finance (DeFi) yields with lottery mechanics, the protocol enables users to stake supported assets while automatically participating in recurring prize draws.
Instead of traditional, static staking where participants only accrue standard yields, Tramplin aggregates collective staking rewards to fund automated jackpot prize pools. This prize-linked model allows participants to retain complete exposure to their underlying principal while enjoying the upside of large jackpot distributions alongside standard base returns.
Feature Details Name Tramplin Yield Variable (Base Staking Yield + Jackpot Draws) Sector Gamified Prize-Linked Staking / DeFi Chains Solana
Tramplin creates asymmetric reward profiles through an automated, low-touch staking architecture:
Dual-Tier Returns: Stakers generate returns through a combination of regular baseline yields and periodic prize draws.
Automated Prize Distribution: The protocol automatically calculates and executes prize pool draws on-chain, eliminating the need for manual ticket purchasing or complex draw participation.
High Efficiency on Solana: By utilizing Solana’s sub-second finality and low transaction costs, reward distributions and deposit management execute with minimal friction and negligible network fees.
Principal Preservation: Stakers maintain ownership of their deposited capital, meaning draw participation is fully funded via generated yield rather than initial principal.
Passive Automation: Low barrier to entry and low ongoing effort—users simply deposit and let the protocol handle distribution cycles.
Asymmetric Upside: Stakers retain standard yield expectations while gaining exposure to jackpot payouts.
Smart Contract Logic Vulnerabilities: Staked funds interact with programmatic vaults and distribution logic, exposing capital to potential smart contract defects.
Yield Variance: Because a portion of the aggregate returns is redirected to jackpot winners, individual APY/APR can fluctuate significantly based on draw outcomes and pool sizes.
Connect Wallet: Visit the official interface at tramplin.io and connect a Solana-compatible Web3 wallet (such as Phantom or Solflare).
Select Staking Vault: Review the active pools, baseline yields, and active jackpot prize structures in the protocol dashboard.
Deposit Assets: Approve the transaction to deposit and stake your chosen Solana assets into the prize-linked vault contract.
Automated Entry: Once deposited, your staked position automatically accrues baseline yield and qualifies your wallet for all scheduled prize draws.
Harvest & Compound: Claim your earned base rewards and any prize pool winnings directly through the dApp, or re-stake them to compound your draw eligibility.
The post Win While You Stake: Gamified DeFi on Solana 🎰 appeared first on Cryptopress.
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Solana validators narrowly pass faster SOL issuance cuts in first network-wide vote<ul><li>Solana validators approved SGP-0002, doubling the annual disinflation rate from 15% to 30%.</li><li>The measure passed with 67% support and 60.7% participation, clearing a two-thirds threshold by a slim margin.</li><li>The change is projected to cut about 18.9 million SOL in new issuance over six years and bring terminal 1.5% inflation forward to around 2029.</li><li>A companion fee-burn proposal failed; a Solana Constitution proposal passed.</li><li>Kraken and Galaxy-linked validators shifted late, tipping the tally.</li></ul><p class="has-drop-cap">Solana validators on Friday approved a plan to shrink new <strong>SOL</strong> issuance faster, in the network's first binding, network-wide governance vote, after late swings from large custodians pushed the measure over a two-thirds threshold.</p><p>The <a href="https://governance.solana.com/proposal/7QJD8MzheHWJLHS39NkoAbFCGFKg5d9QbVviRqD4YExP" target="_blank" rel="noopener">finalized tally</a> showed <strong>176.29 million SOL</strong> in favor of SGP-0002, or about <strong>67%</strong> of displayed turnout, against <strong>66.19 million SOL</strong> opposed and <strong>20.63 million SOL</strong> abstaining. Participation reached <strong>60.7%</strong> of the <strong>433.49 million SOL</strong> snapshot, above the one-third quorum. Support among decisive (for-plus-against) stake was higher, at roughly <strong>72.7%</strong>.</p><p>Authored by Helius contributors Lostin and 0xIchigo, the <a href="https://github.com/solana-foundation/solana-governance-proposals/blob/main/proposals/sgp-0002-double-disinflation.md" target="_blank" rel="noopener">accepted proposal</a> doubles Solana's annual disinflation rate from <strong>15%</strong> to <strong>30%</strong> while leaving the long-term inflation floor at <strong>1.5%</strong>. The schedule would reach that terminal rate in about <strong>2.8 years</strong> instead of roughly <strong>5.7 years</strong>, removing an estimated <strong>18.9 million SOL</strong> from projected emissions over six years.</p><p>The vote went to the wire. <a href="https://www.coindesk.com/tech/2026/08/28/solana-vote-to-double-disinflation-passes-by-a-hair-in-dramatic-finish" target="_blank" rel="noopener">CoinDesk reported</a> that a Kraken-linked validator flipped from against to for near the deadline and that Galaxy-linked stake moved from mostly abstaining to majority support. Helius CEO Mert Mumtaz wrote on <a href="https://x.com/mert/status/2093359812633616577" target="_blank" rel="noopener">X</a> that after hundreds of calls, "we got all the votes in the last seconds and passed the disinflation proposal by a literal hair."</p><p>Staking firms were split. Figment was among the largest no votes, while Helius and Jupiter backed the cut, according to <a href="https://cointelegraph.com/news/solana-validators-approve-proposal-to-accelerate-sol-disinflation" target="_blank" rel="noopener">Cointelegraph</a>. Faster disinflation reduces dilution for holders but also compresses staking yields as issuance declines. The change still requires client implementation and a feature-gate activation via SIMD-0550; it is not live yet.</p><p>Validators separately ratified SGP-0001, a constitution setting future voting rules, and rejected SGP-0003, which would have burned a larger share of transaction fees. SOL traded near <strong>$104-$106</strong> after the close, off session highs near <strong>$110</strong>.</p>

Solana validators narrowly pass faster SOL issuance cuts in first network-wide vote

<ul><li>Solana validators approved SGP-0002, doubling the annual disinflation rate from 15% to 30%.</li><li>The measure passed with 67% support and 60.7% participation, clearing a two-thirds threshold by a slim margin.</li><li>The change is projected to cut about 18.9 million SOL in new issuance over six years and bring terminal 1.5% inflation forward to around 2029.</li><li>A companion fee-burn proposal failed; a Solana Constitution proposal passed.</li><li>Kraken and Galaxy-linked validators shifted late, tipping the tally.</li></ul><p class="has-drop-cap">Solana validators on Friday approved a plan to shrink new <strong>SOL</strong> issuance faster, in the network's first binding, network-wide governance vote, after late swings from large custodians pushed the measure over a two-thirds threshold.</p><p>The <a href="https://governance.solana.com/proposal/7QJD8MzheHWJLHS39NkoAbFCGFKg5d9QbVviRqD4YExP" target="_blank" rel="noopener">finalized tally</a> showed <strong>176.29 million SOL</strong> in favor of SGP-0002, or about <strong>67%</strong> of displayed turnout, against <strong>66.19 million SOL</strong> opposed and <strong>20.63 million SOL</strong> abstaining. Participation reached <strong>60.7%</strong> of the <strong>433.49 million SOL</strong> snapshot, above the one-third quorum. Support among decisive (for-plus-against) stake was higher, at roughly <strong>72.7%</strong>.</p><p>Authored by Helius contributors Lostin and 0xIchigo, the <a href="https://github.com/solana-foundation/solana-governance-proposals/blob/main/proposals/sgp-0002-double-disinflation.md" target="_blank" rel="noopener">accepted proposal</a> doubles Solana's annual disinflation rate from <strong>15%</strong> to <strong>30%</strong> while leaving the long-term inflation floor at <strong>1.5%</strong>. The schedule would reach that terminal rate in about <strong>2.8 years</strong> instead of roughly <strong>5.7 years</strong>, removing an estimated <strong>18.9 million SOL</strong> from projected emissions over six years.</p><p>The vote went to the wire. <a href="https://www.coindesk.com/tech/2026/08/28/solana-vote-to-double-disinflation-passes-by-a-hair-in-dramatic-finish" target="_blank" rel="noopener">CoinDesk reported</a> that a Kraken-linked validator flipped from against to for near the deadline and that Galaxy-linked stake moved from mostly abstaining to majority support. Helius CEO Mert Mumtaz wrote on <a href="https://x.com/mert/status/2093359812633616577" target="_blank" rel="noopener">X</a> that after hundreds of calls, "we got all the votes in the last seconds and passed the disinflation proposal by a literal hair."</p><p>Staking firms were split. Figment was among the largest no votes, while Helius and Jupiter backed the cut, according to <a href="https://cointelegraph.com/news/solana-validators-approve-proposal-to-accelerate-sol-disinflation" target="_blank" rel="noopener">Cointelegraph</a>. Faster disinflation reduces dilution for holders but also compresses staking yields as issuance declines. The change still requires client implementation and a feature-gate activation via SIMD-0550; it is not live yet.</p><p>Validators separately ratified SGP-0001, a constitution setting future voting rules, and rejected SGP-0003, which would have burned a larger share of transaction fees. SOL traded near <strong>$104-$106</strong> after the close, off session highs near <strong>$110</strong>.</p>
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Charles Schwab to Add Solana, Avalanche and Chainlink to Crypto PlatformCharles Schwab plans to add Solana, Avalanche and Chainlink to Schwab Crypto in the coming months. The platform launched in May 2026 with bitcoin and ether and charges 75 basis points per trade. Schwab reported $13.04 trillion in client assets and 39.9 million brokerage accounts as of July 31, 2026. The service is unavailable in New York, Louisiana, U.S. territories and international jurisdictions, and Schwab may delay or withdraw support. Charles Schwab said Thursday it will expand Schwab Crypto beyond bitcoin and ether by adding Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) for clients to buy and sell in the coming months, according to a company announcement. The brokerage framed the listings as a client-demand move toward established tokens rather than a broad altcoin rollout. Schwab Crypto began reaching retail clients in May 2026 with direct bitcoin and ether trading through Schwab.com, the Schwab mobile app and thinkorswim, as noted in the same release. In a post on X, the firm said clients will soon be able to trade the three tokens in Schwab Crypto accounts and pointed users to a waitlist for updates and early access. No exact listing date was given. The distribution channel is large relative to most crypto venues. Schwab reported $13.04 trillion in total client assets and 39.9 million active brokerage accounts as of July 31, 2026, in its latest monthly activity highlights. Crypto accounts sit at Charles Schwab Premier Bank and are linked to a brokerage relationship; not every client will qualify. Pricing is 75 basis points, or 0.75%, of each trade’s dollar value, which Schwab called among the lowest in the industry in the press release. That fee is still higher than many dedicated exchanges. The offering is available in all U.S. states except New York and Louisiana and is not offered in U.S. territories or internationally. Joe Vietri, head of digital assets at Charles Schwab, said in the statement that the expansion gives clients “more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab,” and that the tokens would be backed by education, tools and support. Schwab also said it plans to add more digital assets over time, while warning it may delay, modify or withdraw support for any announced asset based on market, regulatory, operational or risk developments. Cryptocurrencies held in the accounts are not FDIC-insured or SIPC-protected and can lose value, the firm said. For traders, the listings widen regulated retail access to SOL, AVAX and LINK without moving assets off a traditional brokerage stack. The trade-off is a narrow token menu, a 75-basis-point ticket, geographic limits and no confirmed go-live date. The post Charles Schwab to Add Solana, Avalanche and Chainlink to Crypto Platform appeared first on Cryptopress.

Charles Schwab to Add Solana, Avalanche and Chainlink to Crypto Platform

Charles Schwab plans to add Solana, Avalanche and Chainlink to Schwab Crypto in the coming months.
The platform launched in May 2026 with bitcoin and ether and charges 75 basis points per trade.
Schwab reported $13.04 trillion in client assets and 39.9 million brokerage accounts as of July 31, 2026.
The service is unavailable in New York, Louisiana, U.S. territories and international jurisdictions, and Schwab may delay or withdraw support.
Charles Schwab said Thursday it will expand Schwab Crypto beyond bitcoin and ether by adding Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) for clients to buy and sell in the coming months, according to a company announcement.
The brokerage framed the listings as a client-demand move toward established tokens rather than a broad altcoin rollout. Schwab Crypto began reaching retail clients in May 2026 with direct bitcoin and ether trading through Schwab.com, the Schwab mobile app and thinkorswim, as noted in the same release.
In a post on X, the firm said clients will soon be able to trade the three tokens in Schwab Crypto accounts and pointed users to a waitlist for updates and early access. No exact listing date was given.
The distribution channel is large relative to most crypto venues. Schwab reported $13.04 trillion in total client assets and 39.9 million active brokerage accounts as of July 31, 2026, in its latest monthly activity highlights. Crypto accounts sit at Charles Schwab Premier Bank and are linked to a brokerage relationship; not every client will qualify.
Pricing is 75 basis points, or 0.75%, of each trade’s dollar value, which Schwab called among the lowest in the industry in the press release. That fee is still higher than many dedicated exchanges. The offering is available in all U.S. states except New York and Louisiana and is not offered in U.S. territories or internationally.
Joe Vietri, head of digital assets at Charles Schwab, said in the statement that the expansion gives clients “more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab,” and that the tokens would be backed by education, tools and support.
Schwab also said it plans to add more digital assets over time, while warning it may delay, modify or withdraw support for any announced asset based on market, regulatory, operational or risk developments. Cryptocurrencies held in the accounts are not FDIC-insured or SIPC-protected and can lose value, the firm said.
For traders, the listings widen regulated retail access to SOL, AVAX and LINK without moving assets off a traditional brokerage stack. The trade-off is a narrow token menu, a 75-basis-point ticket, geographic limits and no confirmed go-live date.
The post Charles Schwab to Add Solana, Avalanche and Chainlink to Crypto Platform appeared first on Cryptopress.
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Charles Schwab to Add Solana, Avalanche and Chainlink to Crypto Platform<ul><li>Charles Schwab plans to add Solana, Avalanche and Chainlink to Schwab Crypto in the coming months.</li><li>The platform launched in May 2026 with bitcoin and ether and charges 75 basis points per trade.</li><li>Schwab reported $13.04 trillion in client assets and 39.9 million brokerage accounts as of July 31, 2026.</li><li>The service is unavailable in New York, Louisiana, U.S. territories and international jurisdictions, and Schwab may delay or withdraw support.</li></ul><p class="has-drop-cap">Charles Schwab said Thursday it will expand <strong>Schwab Crypto</strong> beyond bitcoin and ether by adding <strong>Solana (SOL)</strong>, <strong>Avalanche (AVAX)</strong> and <strong>Chainlink (LINK)</strong> for clients to buy and sell in the coming months, according to a <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Announces-Plans-to-Expand-Digital-Assets-Available-in-Schwab-Crypto-Accounts/" target="_blank" rel="noopener">company announcement</a>.</p><p>The brokerage framed the listings as a <strong>client-demand</strong> move toward established tokens rather than a broad altcoin rollout. Schwab Crypto began reaching retail clients in <strong>May 2026</strong> with direct bitcoin and ether trading through Schwab.com, the Schwab mobile app and thinkorswim, as noted in the same <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Announces-Plans-to-Expand-Digital-Assets-Available-in-Schwab-Crypto-Accounts/" target="_blank" rel="noopener">release</a>.</p><p>In a <a href="https://x.com/CharlesSchwab/status/2092971656633327719" target="_blank" rel="noopener">post on X</a>, the firm said clients will <strong>soon</strong> be able to trade the three tokens in Schwab Crypto accounts and pointed users to a waitlist for updates and early access. No exact listing date was given.</p><p>The distribution channel is large relative to most crypto venues. Schwab reported <strong>$13.04 trillion</strong> in total client assets and <strong>39.9 million</strong> active brokerage accounts as of July 31, 2026, in its latest <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Schwab-Reports-Monthly-Activity-Highlights-f6515f5a5/default.aspx" target="_blank" rel="noopener">monthly activity highlights</a>. Crypto accounts sit at Charles Schwab Premier Bank and are linked to a brokerage relationship; not every client will qualify.</p><p>Pricing is <strong>75 basis points</strong>, or <strong>0.75%</strong>, of each trade’s dollar value, which Schwab called among the lowest in the industry in the <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Announces-Plans-to-Expand-Digital-Assets-Available-in-Schwab-Crypto-Accounts/" target="_blank" rel="noopener">press release</a>. That fee is still higher than many dedicated exchanges. The offering is available in all U.S. states except <strong>New York</strong> and <strong>Louisiana</strong> and is not offered in U.S. territories or internationally.</p><p>Joe Vietri, head of digital assets at Charles Schwab, said in the <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Announces-Plans-to-Expand-Digital-Assets-Available-in-Schwab-Crypto-Accounts/" target="_blank" rel="noopener">statement</a> that the expansion gives clients “more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab,” and that the tokens would be backed by education, tools and support.</p><p>Schwab also said it plans to add more digital assets over time, while warning it may <strong>delay, modify or withdraw</strong> support for any announced asset based on market, regulatory, operational or risk developments. Cryptocurrencies held in the accounts are not FDIC-insured or SIPC-protected and can lose value, the firm said.</p><p>For traders, the listings widen regulated retail access to SOL, AVAX and LINK without moving assets off a traditional brokerage stack. The trade-off is a narrow token menu, a 75-basis-point ticket, geographic limits and no confirmed go-live date.</p>

Charles Schwab to Add Solana, Avalanche and Chainlink to Crypto Platform

<ul><li>Charles Schwab plans to add Solana, Avalanche and Chainlink to Schwab Crypto in the coming months.</li><li>The platform launched in May 2026 with bitcoin and ether and charges 75 basis points per trade.</li><li>Schwab reported $13.04 trillion in client assets and 39.9 million brokerage accounts as of July 31, 2026.</li><li>The service is unavailable in New York, Louisiana, U.S. territories and international jurisdictions, and Schwab may delay or withdraw support.</li></ul><p class="has-drop-cap">Charles Schwab said Thursday it will expand <strong>Schwab Crypto</strong> beyond bitcoin and ether by adding <strong>Solana (SOL)</strong>, <strong>Avalanche (AVAX)</strong> and <strong>Chainlink (LINK)</strong> for clients to buy and sell in the coming months, according to a <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Announces-Plans-to-Expand-Digital-Assets-Available-in-Schwab-Crypto-Accounts/" target="_blank" rel="noopener">company announcement</a>.</p><p>The brokerage framed the listings as a <strong>client-demand</strong> move toward established tokens rather than a broad altcoin rollout. Schwab Crypto began reaching retail clients in <strong>May 2026</strong> with direct bitcoin and ether trading through Schwab.com, the Schwab mobile app and thinkorswim, as noted in the same <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Announces-Plans-to-Expand-Digital-Assets-Available-in-Schwab-Crypto-Accounts/" target="_blank" rel="noopener">release</a>.</p><p>In a <a href="https://x.com/CharlesSchwab/status/2092971656633327719" target="_blank" rel="noopener">post on X</a>, the firm said clients will <strong>soon</strong> be able to trade the three tokens in Schwab Crypto accounts and pointed users to a waitlist for updates and early access. No exact listing date was given.</p><p>The distribution channel is large relative to most crypto venues. Schwab reported <strong>$13.04 trillion</strong> in total client assets and <strong>39.9 million</strong> active brokerage accounts as of July 31, 2026, in its latest <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Schwab-Reports-Monthly-Activity-Highlights-f6515f5a5/default.aspx" target="_blank" rel="noopener">monthly activity highlights</a>. Crypto accounts sit at Charles Schwab Premier Bank and are linked to a brokerage relationship; not every client will qualify.</p><p>Pricing is <strong>75 basis points</strong>, or <strong>0.75%</strong>, of each trade’s dollar value, which Schwab called among the lowest in the industry in the <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Announces-Plans-to-Expand-Digital-Assets-Available-in-Schwab-Crypto-Accounts/" target="_blank" rel="noopener">press release</a>. That fee is still higher than many dedicated exchanges. The offering is available in all U.S. states except <strong>New York</strong> and <strong>Louisiana</strong> and is not offered in U.S. territories or internationally.</p><p>Joe Vietri, head of digital assets at Charles Schwab, said in the <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Announces-Plans-to-Expand-Digital-Assets-Available-in-Schwab-Crypto-Accounts/" target="_blank" rel="noopener">statement</a> that the expansion gives clients “more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab,” and that the tokens would be backed by education, tools and support.</p><p>Schwab also said it plans to add more digital assets over time, while warning it may <strong>delay, modify or withdraw</strong> support for any announced asset based on market, regulatory, operational or risk developments. Cryptocurrencies held in the accounts are not FDIC-insured or SIPC-protected and can lose value, the firm said.</p><p>For traders, the listings widen regulated retail access to SOL, AVAX and LINK without moving assets off a traditional brokerage stack. The trade-off is a narrow token menu, a 75-basis-point ticket, geographic limits and no confirmed go-live date.</p>
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Bitcoin Holds Near $79,000 After Rallying Past $81,000 As ETF Inflows Top $3 BillionBitcoin briefly topped $81,000 this week, its highest level since May, before easing near $79,000. U.S. spot bitcoin ETFs took in $314 million on Tuesday and about $232 million on Wednesday, lifting August inflows above $3 billion. CryptoQuant’s Bull Score jumped from 30 to 80 in a week; a close above the $83,100 365-day moving average is still needed for official confirmation. Bernstein’s base case sees bitcoin at $150,000 by mid-2027 and about $300,000 in 2029. Bitcoin is consolidating near $79,000 after a sharp weekly advance that briefly pushed the cryptocurrency above $81,000 for the first time since May, as U.S. spot exchange-traded funds extended a multi-day inflow streak and onchain analytics firm CryptoQuant said the market has entered the early phase of a new bull cycle. The largest cryptocurrency rallied more than 23% over seven days from levels below $65,000, according to CoinDesk, before traders took profits. The move was tied to two macro catalysts cited by CryptoQuant in coverage by The Block: the U.S. Treasury’s plan to double long-term government bond buybacks to at least $4 billion per operation from Sept. 9, and comments from President Donald Trump suggesting the U.S. government may consider buying bitcoin. Institutional demand remained visible even as price cooled. U.S.-listed spot bitcoin ETFs recorded $314.37 million in net inflows on Tuesday, a seventh consecutive session, lifting August totals to $3.03 billion, Cointelegraph reported citing SoSoValue. Combined net assets stood at $99.05 billion. On Wednesday the funds added about $232 million, stretching the streak to eight days and bringing inflows over that run to roughly $2.8 billion, according to CoinDesk live updates. BlackRock’s IBIT absorbed the bulk of Tuesday’s flow. CryptoQuant said its Bull Score surged from 30 to 80 in one week, the strongest reading since Oct. 6, 2025, when bitcoin traded around $124,000, with eight of 10 tracked metrics flashing bullish. The firm still treats a close above the 365-day moving average, now near $83,100, as the line for an “official” confirmation. “A decisive break above $83,000 would confirm the new bull market; until then, that level is likely to act as initial resistance, with the possibility of an early bull market correction,” the firm said in the The Block report. Wall Street research firm Bernstein separately argued the rebound fits a longer “debasement trade.” In its base case, bitcoin returns to about $125,000 by the end of 2026, reaches a new all-time high of $150,000 by mid-2027, and peaks near $300,000 in 2029, while a bull case extends to $200,000 by mid-2027 and $500,000 in 2029, The Block reported. The firm kept a longer-term target of about $1 million by 2033. Near-term risks remain. CoinDesk noted falling futures open interest and a tilt toward short-term bearish flow after the vertical advance, while Pedro Fontes, a research analyst at Mercado Bitcoin, flagged $82,000 and $85,000 as the next resistance levels and said some consolidation would be natural. Year-to-date, spot bitcoin ETFs are still net negative by more than $2 billion despite August’s rebound. The post Bitcoin Holds Near $79,000 After Rallying Past $81,000 as ETF Inflows Top $3 Billion appeared first on Cryptopress.

Bitcoin Holds Near $79,000 After Rallying Past $81,000 As ETF Inflows Top $3 Billion

Bitcoin briefly topped $81,000 this week, its highest level since May, before easing near $79,000.
U.S. spot bitcoin ETFs took in $314 million on Tuesday and about $232 million on Wednesday, lifting August inflows above $3 billion.
CryptoQuant’s Bull Score jumped from 30 to 80 in a week; a close above the $83,100 365-day moving average is still needed for official confirmation.
Bernstein’s base case sees bitcoin at $150,000 by mid-2027 and about $300,000 in 2029.
Bitcoin is consolidating near $79,000 after a sharp weekly advance that briefly pushed the cryptocurrency above $81,000 for the first time since May, as U.S. spot exchange-traded funds extended a multi-day inflow streak and onchain analytics firm CryptoQuant said the market has entered the early phase of a new bull cycle.
The largest cryptocurrency rallied more than 23% over seven days from levels below $65,000, according to CoinDesk, before traders took profits. The move was tied to two macro catalysts cited by CryptoQuant in coverage by The Block: the U.S. Treasury’s plan to double long-term government bond buybacks to at least $4 billion per operation from Sept. 9, and comments from President Donald Trump suggesting the U.S. government may consider buying bitcoin.
Institutional demand remained visible even as price cooled. U.S.-listed spot bitcoin ETFs recorded $314.37 million in net inflows on Tuesday, a seventh consecutive session, lifting August totals to $3.03 billion, Cointelegraph reported citing SoSoValue. Combined net assets stood at $99.05 billion. On Wednesday the funds added about $232 million, stretching the streak to eight days and bringing inflows over that run to roughly $2.8 billion, according to CoinDesk live updates. BlackRock’s IBIT absorbed the bulk of Tuesday’s flow.
CryptoQuant said its Bull Score surged from 30 to 80 in one week, the strongest reading since Oct. 6, 2025, when bitcoin traded around $124,000, with eight of 10 tracked metrics flashing bullish. The firm still treats a close above the 365-day moving average, now near $83,100, as the line for an “official” confirmation. “A decisive break above $83,000 would confirm the new bull market; until then, that level is likely to act as initial resistance, with the possibility of an early bull market correction,” the firm said in the The Block report.
Wall Street research firm Bernstein separately argued the rebound fits a longer “debasement trade.” In its base case, bitcoin returns to about $125,000 by the end of 2026, reaches a new all-time high of $150,000 by mid-2027, and peaks near $300,000 in 2029, while a bull case extends to $200,000 by mid-2027 and $500,000 in 2029, The Block reported. The firm kept a longer-term target of about $1 million by 2033.
Near-term risks remain. CoinDesk noted falling futures open interest and a tilt toward short-term bearish flow after the vertical advance, while Pedro Fontes, a research analyst at Mercado Bitcoin, flagged $82,000 and $85,000 as the next resistance levels and said some consolidation would be natural. Year-to-date, spot bitcoin ETFs are still net negative by more than $2 billion despite August’s rebound.
The post Bitcoin Holds Near $79,000 After Rallying Past $81,000 as ETF Inflows Top $3 Billion appeared first on Cryptopress.
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