🌙【Late-Night Recap | Early Hours of 10.14】
The most bittersweet news in crypto today: $BLUR , which once commanded 70% of the Ethereum NFT market, announced that it will shut down its frontend on November 12. Monthly trading volume has plunged 99.5% from its 2023 peak, its token has tumbled by more than 16%, and Upbit has placed it on its trading warning list. A symbol of the NFT era is now bowing out. Blend lending users need to repay before the shutdown or risk being defaulted on involuntarily.
But as the old king exits, new stories are still unfolding:
🔹 $PYTH ’s Q3 ARR reached $11.49 million, up 86% quarter over quarter. It powered 94.4% of RWA perpetual trading volume, while 100% of DAO revenue goes toward PYTH buybacks.
🔹 $SOL ’s biggest upgrade of the year, Alpenglow, is set for October 21. Block finality will shrink from 12.8 seconds to about 150 milliseconds, and Lido’s 0x02 validator staking share has also surpassed 40% for the first time.
On the macro front: Oil tankers have come under repeated attack in the Strait of Hormuz, with at least 10 supertankers leaving the Persian Gulf. Geopolitical risks, compounded by concerns about credit exposure to AI data centers, could intensify volatility in risk assets in the short term. Sentiment is cautious late tonight; manage your positions carefully.
NFA | DYOR
#比特币 #加密货币 #BLUR #Solana #Web3
The most bittersweet news in crypto today: $BLUR , which once commanded 70% of the Ethereum NFT market, announced that it will shut down its frontend on November 12. Monthly trading volume has plunged 99.5% from its 2023 peak, its token has tumbled by more than 16%, and Upbit has placed it on its trading warning list. A symbol of the NFT era is now bowing out. Blend lending users need to repay before the shutdown or risk being defaulted on involuntarily.
But as the old king exits, new stories are still unfolding:
🔹 $PYTH ’s Q3 ARR reached $11.49 million, up 86% quarter over quarter. It powered 94.4% of RWA perpetual trading volume, while 100% of DAO revenue goes toward PYTH buybacks.
🔹 $SOL ’s biggest upgrade of the year, Alpenglow, is set for October 21. Block finality will shrink from 12.8 seconds to about 150 milliseconds, and Lido’s 0x02 validator staking share has also surpassed 40% for the first time.
On the macro front: Oil tankers have come under repeated attack in the Strait of Hormuz, with at least 10 supertankers leaving the Persian Gulf. Geopolitical risks, compounded by concerns about credit exposure to AI data centers, could intensify volatility in risk assets in the short term. Sentiment is cautious late tonight; manage your positions carefully.
NFA | DYOR
#比特币 #加密货币 #BLUR #Solana #Web3