Tonight, 3 things.
1. SOL tapped and dropped after touching $122. It’s now stuck at $117.28, down 1.7% over the last 24 hours. The week low is $117, and nobody will call a bottom until it breaks below $110.
2. ETFs are still flowing in. In the past 30 days, net inflows reached $278 million, surpassing XRP. Trading volume is down 43% compared to Q2 (Birdeye Q3 data). Money is going in, but the price isn’t moving.
3. Alpenglow will upgrade to the mainnet in October. The target confirmation time is reduced from 12 seconds to 150 milliseconds. On-chain RWA is already $4.5 billion, and tokenized stocks are $620 million. The infrastructure is running; the token itself will have to wait until the November Breakpoint to see whether there are any new catalysts.
That’s it for today. No mood, and no need to force a write-up.
1. SOL tapped and dropped after touching $122. It’s now stuck at $117.28, down 1.7% over the last 24 hours. The week low is $117, and nobody will call a bottom until it breaks below $110.
2. ETFs are still flowing in. In the past 30 days, net inflows reached $278 million, surpassing XRP. Trading volume is down 43% compared to Q2 (Birdeye Q3 data). Money is going in, but the price isn’t moving.
3. Alpenglow will upgrade to the mainnet in October. The target confirmation time is reduced from 12 seconds to 150 milliseconds. On-chain RWA is already $4.5 billion, and tokenized stocks are $620 million. The infrastructure is running; the token itself will have to wait until the November Breakpoint to see whether there are any new catalysts.
That’s it for today. No mood, and no need to force a write-up.
