🌙 Overnight Review | Oct 12 Morning Briefing
Macro: Trump announced late last night that a Russia-Ukraine “energy ceasefire” would take effect immediately, but Zelensky responded, “I only found out from the news too.” Implementation details remain to be confirmed. Tensions in the Middle East remain high: at least 17 tanker attacks have occurred in the Strait of Hormuz since September 28. U.S. Treasury Secretary Bessent announced a campaign to “absolutely isolate” Iran and stressed that cryptocurrency seizures are ongoing. Geopolitical risk aversion remains the market’s dominant theme.
On-chain: The $SOL ecosystem is booming—Samsung Wallet has added USDC cross-border payments, BNY has opened institutional SOL custody under the MiCA framework, and tokenized U.S. stocks have launched on Solana. Stablecoin-holding addresses hit a record 14 million, while daily active addresses reached 1.88 million, a 13-month high. On October 10, Solana accounted for 65% of all on-chain tokenized stock trading volume. Meanwhile, three U.S. ETF applications from 21Shares, Canary, and REX are awaiting review for $INJ .
With geopolitical uncertainty on one side and strengthening on-chain fundamentals on the other, watch oil prices and their correlation with $BTC during the day.
NFA | DYOR
#BTC #Solana #INJ #地缘政治 #Cryptocurrency
Macro: Trump announced late last night that a Russia-Ukraine “energy ceasefire” would take effect immediately, but Zelensky responded, “I only found out from the news too.” Implementation details remain to be confirmed. Tensions in the Middle East remain high: at least 17 tanker attacks have occurred in the Strait of Hormuz since September 28. U.S. Treasury Secretary Bessent announced a campaign to “absolutely isolate” Iran and stressed that cryptocurrency seizures are ongoing. Geopolitical risk aversion remains the market’s dominant theme.
On-chain: The $SOL ecosystem is booming—Samsung Wallet has added USDC cross-border payments, BNY has opened institutional SOL custody under the MiCA framework, and tokenized U.S. stocks have launched on Solana. Stablecoin-holding addresses hit a record 14 million, while daily active addresses reached 1.88 million, a 13-month high. On October 10, Solana accounted for 65% of all on-chain tokenized stock trading volume. Meanwhile, three U.S. ETF applications from 21Shares, Canary, and REX are awaiting review for $INJ .
With geopolitical uncertainty on one side and strengthening on-chain fundamentals on the other, watch oil prices and their correlation with $BTC during the day.
NFA | DYOR
#BTC #Solana #INJ #地缘政治 #Cryptocurrency