🚀 Quick 3-Minute Look at Today’s Crypto Market

📰 Today’s News
🔥 Solana’s dual burn-and-reduce proposal reaches quorum, aiming to cut supply

Solana’s dual burn-and-reduce proposal reached quorum 27 hours before the end of voting, with a participation rate of 33.84%. Of the votes, 25% voted in favor. If the proposal passes, Solana’s deflation rate will double—pushing SOL up 8% over the past 24 hours.
⚡ A U.S. government wallet transferred 24.41 BTC, linked to seized funds from FTX and Alameda

About five hours ago, a U.S. government wallet associated with seized funds tied to FTX and Alameda transferred 24.41 BTC, worth roughly $1.92 million. The move of seized assets from government-linked addresses is drawing close attention.
📉 Realio Network hit by a cross-chain attack; 127.9 million RIO tokens stolen

On August 25, the tokenized RWA platform Realio Network was attacked. The attackers took over its signature stack and stole 127.9 million RIO tokens (worth about $10.43 million) from vaults and custodial wallets across five chains.

📈 Major Asset Performance (24h)
BTC: +2.9% — Breaks above $80,000, continuing eight straight days of ETF inflows.
ETH: +2.9% — Breaks above $2,500, with exchange balances dropping to this period’s low.
SOL: +11.8% — Surges sharply, boosted by the dual burn-and-reduce proposal reaching quorum.

🚀 Today’s Top Gainers (selected 2–3)
MOVR (Moonriver): +44.1% — Current price: $0.9960; 24h trading volume: about $19.5 million
CHIP (USD.AI): +33.8% — Current price: $0.0434; 24h trading volume: about $8.0 million

$SOL
$BNB
$ETH
#solana