🌙 Late-Night Recap | Early Hours of October 12

A lot happened tonight. Here are three things worth remembering:

1️⃣ Trump suddenly announced a Russia-Ukraine “energy ceasefire,” but Zelenskyy responded, “I only found out from the news too.” Geopolitical risk-aversion has eased in the short term; keep an eye on volatility windows late tonight at $BTC .

2️⃣ A standout moment for the $SOL ecosystem: Samsung Wallet integrated USDC cross-border payments, BNY opened institutional custody for SOL, stablecoin-holding addresses surpassed 14 million to reach a new all-time high, and daily active addresses hit 1.88 million—a 13-month high. On October 10, 65% of spot trading volume in tokenized stocks took place on Solana, with a clear liquidity-siphoning effect.

3️⃣ There are already three U.S. ETF applications in the pipeline for $INJ , with 21Shares, Canary, and REX-Osprey competing.

⚠️ The situation in the Strait of Hormuz also remains tense. Over the past three months, 135 vessels have turned back and four merchant ships have been hit. The risk to crude oil supplies has not gone away, and macroeconomic uncertainty remains.

It’s the early hours—managing your positions is more important than predicting market direction. Get some good rest.

NFA | DYOR

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