【Oct. 14 Morning Recap | Overnight Headlines at a Glance】

📉 BLUR officially bows out: $BLUR , which once commanded 70% of the ETH NFT market at its peak, announced that its frontend will shut down on November 12. Blend lending will also stop matching orders that day. Monthly trading volume has plunged 99.5% from its 2023 peak, the token fell more than 16% in a single day, and Upbit has placed it on its trading warning list.

🚀 Major SOL upgrade: Alpenglow is scheduled to activate on mainnet on October 21, slashing finality time from 12.8 seconds to about 150 milliseconds. After 18 months of development, the migration will be completed in a single go.

📈 Strong PYTH Q3 results: ARR reached $11.49 million, up 86% quarter over quarter. 94.4% of RWA perpetual contract volume takes place on Pyth-powered venues, and 100% of DAO revenue goes toward PYTH buybacks.

🌍 Macro undercurrents: More than 20 ships have been attacked in the Strait of Hormuz this month, and supertankers are beginning to leave the Persian Gulf. CoreWeave bond spreads hit 1,000 basis points for the first time, exposing cracks in the AI debt frenzy.

💤 ETH staking: The amount staked with 0x02 validators topped 40% for the first time. Lido completed the migration of 21% of its holdings within a month.

Overnight, the end of one era and the dawn of a new one unfolded side by side. Stay sharp and do your own research.

NFA | DYOR

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