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Solana’s SGP-0002 passed with 67.00% support, just above the two-thirds supermajority required for adoption.
The measure doubles annual disinflation from 15% to 30%, targeting the 1.5% inflation floor around 2029 instead of 2032.
Authors estimate about 18.9 million fewer SOL will be issued over the next six years.
Kraken’s largest validator flipped most of its 8.92 million SOL stake from against to for in the final hours.
A separate fee-burn proposal, SGP-0003, failed with 53.90% support.
Solana validators on Friday narrowly approved a plan to speed up cuts to new SOL issuance, completing the network’s first binding on-chain governance cycle after last-minute vote switches from large operators. Official results on the Solana validator governance portal show SGP-0002 finished with 176.29 million SOL in favor, 66.19 million against and 20.63 million abstaining, or 67.00% support — just 0.33 percentage points above the two-thirds bar.
Participation reached 60.70% of the 433.49 million SOL eligible under the snapshot, clearing the one-third quorum. The proposal, authored by Lostin and 0xIchigo of Helius and filed as a Solana governance pull request, doubles the annual disinflation rate from 15% to 30% while leaving the 1.5% terminal inflation floor unchanged. Modeling attached to the measure estimates the path to that floor shortens from about 5.7 years to 2.8 years, removing roughly 18.9 million SOL from projected emissions over six years.
The finish was not settled until the closing window. CoinDesk reported that a Kraken-linked validator representing about 2% of voting weight moved from against to for shortly before the deadline, while Galaxy-linked stake of about 1.7% shifted from mostly abstaining to majority support. On-chain records list Kraken 2 with 8,917,576 SOL recast at 10:37 UTC as 90.34% for. Helius CEO Mert Mumtaz, a backer of the change, wrote on X that “after 500 calls in the past few hours, we got all the votes in the last seconds and passed the disinflation proposal by a literal hair.”
The same cycle produced a mixed economic outcome. The governance dashboard shows SGP-0001, which ratifies a Solana Constitution for future network votes, passed with 85.97% support. SGP-0003, a resource and inclusion fee overhaul that would have increased daily burns, failed at 53.90%. Decrypt reported that staking yields are projected to compress from about 5.25% toward 2.25% within three years if issuance falls as modeled, a trade-off cited by validators that opposed faster disinflation to protect reward income.
Approval does not immediately change issuance. The governance portal lists SGP-0002 as finalized and ready for on-chain execution, which still requires client coordination around the related SIMD-0550 change. SOL traded near $105 after the result, according to market data cited alongside the vote coverage, leaving traders to weigh lower long-run supply against thinner staking payouts and an activation timeline that is not yet live.
The post Solana Validators Narrowly Pass First Governance Vote to Double SOL Disinflation appeared first on Cryptopress.

<ul><li>Solana's SGP-0002 passed with 67.00% support, just above the two-thirds supermajority required for adoption.</li><li>The measure doubles annual disinflation from 15% to 30%, targeting the 1.5% inflation floor around 2029 instead of 2032.</li><li>Authors estimate about 18.9 million fewer SOL will be issued over the next six years.</li><li>Kraken's largest validator flipped most of its 8.92 million SOL stake from against to for in the final hours.</li><li>A separate fee-burn proposal, SGP-0003, failed with 53.90% support.</li></ul><p>Solana validators on Friday narrowly approved a plan to speed up cuts to new SOL issuance, completing the network's first binding on-chain governance cycle after last-minute vote switches from large operators. Official results on the <a href="https://governance.solana.com/proposal/7QJD8MzheHWJLHS39NkoAbFCGFKg5d9QbVviRqD4YExP" target="_blank" rel="noopener">Solana validator governance portal</a> show <strong>SGP-0002</strong> finished with <strong>176.29 million SOL</strong> in favor, <strong>66.19 million</strong> against and <strong>20.63 million</strong> abstaining, or <strong>67.00%</strong> support — just 0.33 percentage points above the two-thirds bar.</p><p>Participation reached <strong>60.70%</strong> of the <strong>433.49 million SOL</strong> eligible under the snapshot, clearing the one-third quorum. The proposal, authored by Lostin and 0xIchigo of Helius and filed as a <a href="https://github.com/solana-foundation/solana-governance-proposals/pull/4" target="_blank" rel="noopener">Solana governance pull request</a>, doubles the annual disinflation rate from <strong>15%</strong> to <strong>30%</strong> while leaving the <strong>1.5%</strong> terminal inflation floor unchanged. Modeling attached to the measure estimates the path to that floor shortens from about <strong>5.7 years to 2.8 years</strong>, removing roughly <strong>18.9 million SOL</strong> from projected emissions over six years.</p><p>The finish was not settled until the closing window. <a href="https://www.coindesk.com/tech/2026/08/28/solana-vote-to-double-disinflation-passes-by-a-hair-in-dramatic-finish" target="_blank" rel="noopener">CoinDesk reported</a> that a Kraken-linked validator representing about <strong>2%</strong> of voting weight moved from against to for shortly before the deadline, while Galaxy-linked stake of about <strong>1.7%</strong> shifted from mostly abstaining to majority support. On-chain records list Kraken 2 with <strong>8,917,576 SOL</strong> recast at 10:37 UTC as <strong>90.34%</strong> for. Helius CEO Mert Mumtaz, a backer of the change, wrote on <a href="https://x.com/mert/status/2093359812633616577" target="_blank" rel="noopener">X</a> that “after 500 calls in the past few hours, we got all the votes in the last seconds and passed the disinflation proposal by a literal hair.”</p><p>The same cycle produced a mixed economic outcome. The <a href="https://governance.solana.com/proposals" target="_blank" rel="noopener">governance dashboard</a> shows <strong>SGP-0001</strong>, which ratifies a Solana Constitution for future network votes, passed with <strong>85.97%</strong> support. <strong>SGP-0003</strong>, a resource and inclusion fee overhaul that would have increased daily burns, failed at <strong>53.90%</strong>. <a href="https://decrypt.co/376825/solana-sol-disinflation-vote-passes" target="_blank" rel="noopener">Decrypt reported</a> that staking yields are projected to compress from about <strong>5.25%</strong> toward <strong>2.25%</strong> within three years if issuance falls as modeled, a trade-off cited by validators that opposed faster disinflation to protect reward income.</p><p>Approval does not immediately change issuance. The governance portal lists SGP-0002 as finalized and ready for on-chain execution, which still requires client coordination around the related SIMD-0550 change. SOL traded near <strong>$105</strong> after the result, according to market data cited alongside the vote coverage, leaving traders to weigh lower long-run supply against thinner staking payouts and an activation timeline that is not yet live.</p>

On July 23, Bitcoin’s 30-day apparent spot demand sat at roughly –206,000 BTC. That is not a soft reading. It means the market was absorbing far less coin than miners were issuing and old holders were reactivating. Price was stuck in the low $60,000s. The tape felt empty.
Three weeks later the same metric was hugging zero — about –5,000 BTC — for the first time since February 26, 2026. By the last week of August, CryptoQuant’s demand-to-issuance ratio had spent six straight days above 1, last printed at 2.52, after touching 3.16 on August 21. The July low on that ratio was –6.93. Direction flipped. Magnitude did not.
Price did the loud part. From August 17 to the August 25 high near $80,000–$81,200, Bitcoin rallied about 24%. CryptoQuant’s Bull Score jumped from 30 to 80 in a week — the most bullish print since October 6, 2025, when Bitcoin last traded around $124,000. Eight of ten inputs in that score are now green. That is a regime change on a dashboard. It is not yet a confirmed bull market.
The useful question is narrower: when spot demand crosses from contraction into expansion, what has price usually done next — and what is already overheating?
What “apparent spot demand” actually measures
Apparent demand is an accounting identity, not a sentiment poll.
Over a rolling window (CryptoQuant uses 30 days), you compare:
new coins from issuance, plus
older coins coming back to life,
against the coins that leave exchanges, go dormant, or otherwise get taken off the liquid float.
A negative reading means more Bitcoin is being offered than the spot market is absorbing. A positive reading means buyers are taking down more than the network is adding and unlocking. The zero line is the regime switch.
That is why the metric stayed ugly for so long this year. Apparent demand spent most of 2026 in the red, with prints near –147,000 BTC in May and a long stretch of consecutive negative days earlier in the summer. Price could bounce on leverage. The float was still leaking.
One more distinction matters. CryptoQuant separates spot apparent demand from perpetual-futures demand. The first is coins changing hands for keeps. The second is positioning. They do not have the same forward record.
Why the spot zero-cross is the signal that has worked
CryptoQuant’s August 18 note is the cleanest statement of the historical test.
When 30-day apparent spot demand crosses from negative to positive — using independent, de-clustered events — Bitcoin’s median move over the next 60 days has been +18.1%, with a 78% win rate.
The same zero-cross in perpetual-futures demand has almost no edge: medians near zero, win rates around 48–57%. Leverage can lift the print. It has not been the thing that holds the print.
That is the entire argument for caring about this particular flip and ignoring a dozen other “demand” headlines.
April and May already ran the experiment in reverse. Futures demand went sharply positive while spot stayed negative. Price ran from roughly $70,000 toward $82,000, then gave the move back in June when futures demand printed its deepest negative on that chart. Spot never confirmed. The rally did not keep the level.
This time both series turned together — the first simultaneous expansion since early October 2025. That is better structure than a pure squeeze. It is still a shallow cross. A 30-day sum that just cleared zero can fall back through it in a week. Persistence is the confirmation, not the first green print.
Valuation is why the historical hit rate jumps to 87%
The same study splits the sample by valuation regime.
Spot demand cross-ups that fire while MVRV sits below its 365-day moving average have delivered a +23.3% median over 60 days and an 87% win rate. That was the setup CryptoQuant described in mid-August.
MVRV — market value divided by realized value — is the market’s average multiple over the aggregate on-chain cost basis. When it is depressed relative to its own one-year average, new spot buying is arriving into cheap coins, not into a crowd that is already up several times its cost.
The ratio itself is no longer at the summer floor. Daily snapshots around August 25 put headline MVRV near 1.49, after a lift from the mid-1.2s during the rebound. That is “fair,” not capitulation. Long-term-holder MVRV had been grinding toward 1.24–1.28 earlier in the summer — stressed, not broken. The bear-valuation condition that powered the 87% bucket was the relationship to the 365-day MVRV average, not a reading under 1.0.
Treat the 87% figure as a conditional historical rate on a small set of independent events, which is exactly how CryptoQuant labeled it: a tailwind, not a guarantee, and only after the demand turn actually completes.
Setup Median 60-day move Win rate Spot demand crosses above zero +18.1% 78% Same cross while MVRV is below its 365-day average +23.3% 87% Perpetual-futures demand crosses above zero ~0% 48–57%
Source: CryptoQuant, August 18, 2026 research note. De-clustered historical events. Sample is limited.
The rally, the Bull Score, and the line that still matters: $83,000
The price path is simple.
August 16–17: Bitcoin around $63,000–$64,500.
August 19–21: the vertical part of the move, through $69,000, $73,000, then $78,000.
August 25: session high above $81,000.
August 26: back near $78,000–$79,000.
That is a squeeze plus a demand impulse, not a slow grind. Coinbase data from the same week showed the 30-period outflow average exploding as coins left the exchange during the lift — the spot footprint of the move, not just perpetual volume. US spot Bitcoin ETFs added about $1.92 billion in the week ending August 21, with all five sessions positive. That is real bid, even if it is not yet a new structural wave.
CryptoQuant’s August 25 regime note went further than the demand study. Julio Moreno, head of research, called it the initial phase of a new bull market: valuation, demand, and liquidity had switched. The Bull Score’s leap from 30 to 80 is the summary statistic. Eight of ten components are bullish. Apparent spot demand is expanding at its fastest monthly pace since late December.
The firm still withholds the official stamp.
Historically, CryptoQuant treats a close above the 365-day moving average as the cycle divider — bull markets when price crosses up, bear markets when it crosses down. That average sits near $83,000–$83,100. Price closed the recent push about 5% below it. Until a decisive close above $83,000, that line is resistance, and an early-bull correction remains on the table.
Two macro headlines sat under the bid: the US Treasury saying it will lift long-term bond buybacks to at least $4 billion per operation from September 9, and a political hint that the US government might consider buying Bitcoin. Markets can reprice those stories in a session. They cannot replace a weekly close through the 365-day average.
The other half of the tape: the move is already short-term hot
A demand turn and an overheated tape can exist on the same day. That is the current market.
Trader unrealized profit jumped to 20.5%, the highest since June 2025. CryptoQuant has already flagged what that print did last time: Bitcoin fell about 30% after the metric reached 19% in early May, when price was near $82,000. The level is a warning about distribution risk among fast money, not a prophecy.
Whales took the offer. Short-term-holder whales realized roughly $1.2 billion between August 20 and 22, including a record $614 million on August 20 alone. That is the textbook response to a vertical 24% rip: coins that sat through the $60,000s coming up for air.
Exchange inflows rose. Bitcoin inflows printed around 53,000 BTC, the highest since June. ETH and XRP inflows rose with them. Coins moving onto venues are not automatically sold. They are newly available to be sold. That is the distinction that matters for the next two to four weeks.
Axel Adler Jr.’s August 26 update is the sobriety check on the demand side itself. Realized-cap relative change finally turned positive at +0.21% — first green since late May — and the 30-day demand/issuance ratio is above 1. Both are still weak in absolute terms. Among positive realized-cap readings since 2024, the median is +3.24%; +0.21% sits in the bottom 3–4%. When the demand ratio is above 1, the historical median is 7.65; 2.52 sits in the bottom 10%. The direction changed. The cycle-strength reading has not.
That is the honest frame: a regime shift, not a regime that is already strong.
How to read the next 60 days without turning history into a forecast
History’s 78% and 87% figures are useful only if you keep CryptoQuant’s own caveat in front of them. The events were de-clustered. The sample is small. A demand turn is a tailwind after it completes, not a timer that starts the day a chart kisses zero.
What is actually testable from here:
Does 30-day apparent spot demand stay positive? A one-week dip back below zero would put this print in the “failed cross” bucket, which is how several mid-cycle head-fakes have died.
Does the demand/issuance ratio expand past the bottom decile? A move from 2.5 toward the historical median near 7 would mean buyers are doing more than covering issuance.
Does realized-cap change hold above zero and thicken? +0.21% is a flicker. Sustained positive realized cap is capital entering the asset, not just price marking up existing coins.
Does price accept above the 365-day average near $83,000? That is CryptoQuant’s official confirmation line. Until then, $83,000 is the ceiling of the “initial phase.”
Do exchange inflows and whale realizations fade, or do they accelerate into weakness? Profit-taking into a bid is healthy. Profit-taking into a stalled bid is how 20% trader margins mean-revert.
Spot demand leading futures is the structural improvement versus April–May. ETF inflows and Coinbase outflows say some of the bid is cash, not just open interest. The overheating cluster says the first pause is allowed — even likely — without killing the regime call.
None of that requires a price target. The 60-day historical median from a completed spot cross, from current levels, is a range around the mid-$90,000s if the +18% analog holds, or higher if the depressed-MVRV analog holds. Those are reference points from prior events, not a map of September.
Conclusion
Bitcoin did not invent a new cycle because it tagged $80,000. It changed the sign on the one demand series that has actually preceded 60-day gains.
Apparent spot demand crawled out of a –206,000 BTC hole. Spot and futures demand expanded together for the first time since October 2025. The Bull Score went from washed-out to 80. MVRV is no longer crushed, but the cross occurred while valuations were still cheap versus their one-year baseline — the bucket with the 87% historical hit rate.
The same week produced a 20.5% trader profit margin, a $614 million whale realization day, and the largest Bitcoin exchange inflow since June. That is how early regime shifts look: the slow metric turns, the fast money overshoots, and the 365-day average at $83,000 sits there as the adult in the room.
Watch whether spot demand stays above zero. Watch whether $83,000 becomes support instead of rejection. Everything else is commentary on a one-week squeeze.
Subscribe for more on-chain and market structure pieces at https://cryptopress.substack.com/subscribe.
This is not financial advice. On-chain history is a small sample dressed in clean percentages.
The post Bitcoin’s Spot Demand Flips Positive: What History Says Comes Next appeared first on Cryptopress.

Solana validators approved SGP-0002, doubling the annual disinflation rate from 15% to 30%.
The measure passed with 67% support and 60.7% participation, clearing a two-thirds threshold by a slim margin.
The change is projected to cut about 18.9 million SOL in new issuance over six years and bring terminal 1.5% inflation forward to around 2029.
A companion fee-burn proposal failed; a Solana Constitution proposal passed.
Kraken and Galaxy-linked validators shifted late, tipping the tally.
Solana validators on Friday approved a plan to shrink new SOL issuance faster, in the network’s first binding, network-wide governance vote, after late swings from large custodians pushed the measure over a two-thirds threshold.
The finalized tally showed 176.29 million SOL in favor of SGP-0002, or about 67% of displayed turnout, against 66.19 million SOL opposed and 20.63 million SOL abstaining. Participation reached 60.7% of the 433.49 million SOL snapshot, above the one-third quorum. Support among decisive (for-plus-against) stake was higher, at roughly 72.7%.
Authored by Helius contributors Lostin and 0xIchigo, the accepted proposal doubles Solana’s annual disinflation rate from 15% to 30% while leaving the long-term inflation floor at 1.5%. The schedule would reach that terminal rate in about 2.8 years instead of roughly 5.7 years, removing an estimated 18.9 million SOL from projected emissions over six years.
The vote went to the wire. CoinDesk reported that a Kraken-linked validator flipped from against to for near the deadline and that Galaxy-linked stake moved from mostly abstaining to majority support. Helius CEO Mert Mumtaz wrote on X that after hundreds of calls, “we got all the votes in the last seconds and passed the disinflation proposal by a literal hair.”
Staking firms were split. Figment was among the largest no votes, while Helius and Jupiter backed the cut, according to Cointelegraph. Faster disinflation reduces dilution for holders but also compresses staking yields as issuance declines. The change still requires client implementation and a feature-gate activation via SIMD-0550; it is not live yet.
Validators separately ratified SGP-0001, a constitution setting future voting rules, and rejected SGP-0003, which would have burned a larger share of transaction fees. SOL traded near $104-$106 after the close, off session highs near $110.
The post Solana validators narrowly pass faster SOL issuance cuts in first network-wide vote appeared first on Cryptopress.

Tramplin is a gamified, prize-linked staking protocol native to the Solana blockchain. Designed to merge decentralized finance (DeFi) yields with lottery mechanics, the protocol enables users to stake supported assets while automatically participating in recurring prize draws.
Instead of traditional, static staking where participants only accrue standard yields, Tramplin aggregates collective staking rewards to fund automated jackpot prize pools. This prize-linked model allows participants to retain complete exposure to their underlying principal while enjoying the upside of large jackpot distributions alongside standard base returns.
Feature Details Name Tramplin Yield Variable (Base Staking Yield + Jackpot Draws) Sector Gamified Prize-Linked Staking / DeFi Chains Solana
Tramplin creates asymmetric reward profiles through an automated, low-touch staking architecture:
Dual-Tier Returns: Stakers generate returns through a combination of regular baseline yields and periodic prize draws.
Automated Prize Distribution: The protocol automatically calculates and executes prize pool draws on-chain, eliminating the need for manual ticket purchasing or complex draw participation.
High Efficiency on Solana: By utilizing Solana’s sub-second finality and low transaction costs, reward distributions and deposit management execute with minimal friction and negligible network fees.
Principal Preservation: Stakers maintain ownership of their deposited capital, meaning draw participation is fully funded via generated yield rather than initial principal.
Passive Automation: Low barrier to entry and low ongoing effort—users simply deposit and let the protocol handle distribution cycles.
Asymmetric Upside: Stakers retain standard yield expectations while gaining exposure to jackpot payouts.
Smart Contract Logic Vulnerabilities: Staked funds interact with programmatic vaults and distribution logic, exposing capital to potential smart contract defects.
Yield Variance: Because a portion of the aggregate returns is redirected to jackpot winners, individual APY/APR can fluctuate significantly based on draw outcomes and pool sizes.
Connect Wallet: Visit the official interface at tramplin.io and connect a Solana-compatible Web3 wallet (such as Phantom or Solflare).
Select Staking Vault: Review the active pools, baseline yields, and active jackpot prize structures in the protocol dashboard.
Deposit Assets: Approve the transaction to deposit and stake your chosen Solana assets into the prize-linked vault contract.
Automated Entry: Once deposited, your staked position automatically accrues baseline yield and qualifies your wallet for all scheduled prize draws.
Harvest & Compound: Claim your earned base rewards and any prize pool winnings directly through the dApp, or re-stake them to compound your draw eligibility.
The post Win While You Stake: Gamified DeFi on Solana 🎰 appeared first on Cryptopress.

<ul><li>Solana validators approved SGP-0002, doubling the annual disinflation rate from 15% to 30%.</li><li>The measure passed with 67% support and 60.7% participation, clearing a two-thirds threshold by a slim margin.</li><li>The change is projected to cut about 18.9 million SOL in new issuance over six years and bring terminal 1.5% inflation forward to around 2029.</li><li>A companion fee-burn proposal failed; a Solana Constitution proposal passed.</li><li>Kraken and Galaxy-linked validators shifted late, tipping the tally.</li></ul><p class="has-drop-cap">Solana validators on Friday approved a plan to shrink new <strong>SOL</strong> issuance faster, in the network's first binding, network-wide governance vote, after late swings from large custodians pushed the measure over a two-thirds threshold.</p><p>The <a href="https://governance.solana.com/proposal/7QJD8MzheHWJLHS39NkoAbFCGFKg5d9QbVviRqD4YExP" target="_blank" rel="noopener">finalized tally</a> showed <strong>176.29 million SOL</strong> in favor of SGP-0002, or about <strong>67%</strong> of displayed turnout, against <strong>66.19 million SOL</strong> opposed and <strong>20.63 million SOL</strong> abstaining. Participation reached <strong>60.7%</strong> of the <strong>433.49 million SOL</strong> snapshot, above the one-third quorum. Support among decisive (for-plus-against) stake was higher, at roughly <strong>72.7%</strong>.</p><p>Authored by Helius contributors Lostin and 0xIchigo, the <a href="https://github.com/solana-foundation/solana-governance-proposals/blob/main/proposals/sgp-0002-double-disinflation.md" target="_blank" rel="noopener">accepted proposal</a> doubles Solana's annual disinflation rate from <strong>15%</strong> to <strong>30%</strong> while leaving the long-term inflation floor at <strong>1.5%</strong>. The schedule would reach that terminal rate in about <strong>2.8 years</strong> instead of roughly <strong>5.7 years</strong>, removing an estimated <strong>18.9 million SOL</strong> from projected emissions over six years.</p><p>The vote went to the wire. <a href="https://www.coindesk.com/tech/2026/08/28/solana-vote-to-double-disinflation-passes-by-a-hair-in-dramatic-finish" target="_blank" rel="noopener">CoinDesk reported</a> that a Kraken-linked validator flipped from against to for near the deadline and that Galaxy-linked stake moved from mostly abstaining to majority support. Helius CEO Mert Mumtaz wrote on <a href="https://x.com/mert/status/2093359812633616577" target="_blank" rel="noopener">X</a> that after hundreds of calls, "we got all the votes in the last seconds and passed the disinflation proposal by a literal hair."</p><p>Staking firms were split. Figment was among the largest no votes, while Helius and Jupiter backed the cut, according to <a href="https://cointelegraph.com/news/solana-validators-approve-proposal-to-accelerate-sol-disinflation" target="_blank" rel="noopener">Cointelegraph</a>. Faster disinflation reduces dilution for holders but also compresses staking yields as issuance declines. The change still requires client implementation and a feature-gate activation via SIMD-0550; it is not live yet.</p><p>Validators separately ratified SGP-0001, a constitution setting future voting rules, and rejected SGP-0003, which would have burned a larger share of transaction fees. SOL traded near <strong>$104-$106</strong> after the close, off session highs near <strong>$110</strong>.</p>

Charles Schwab plans to add Solana, Avalanche and Chainlink to Schwab Crypto in the coming months.
The platform launched in May 2026 with bitcoin and ether and charges 75 basis points per trade.
Schwab reported $13.04 trillion in client assets and 39.9 million brokerage accounts as of July 31, 2026.
The service is unavailable in New York, Louisiana, U.S. territories and international jurisdictions, and Schwab may delay or withdraw support.
Charles Schwab said Thursday it will expand Schwab Crypto beyond bitcoin and ether by adding Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) for clients to buy and sell in the coming months, according to a company announcement.
The brokerage framed the listings as a client-demand move toward established tokens rather than a broad altcoin rollout. Schwab Crypto began reaching retail clients in May 2026 with direct bitcoin and ether trading through Schwab.com, the Schwab mobile app and thinkorswim, as noted in the same release.
In a post on X, the firm said clients will soon be able to trade the three tokens in Schwab Crypto accounts and pointed users to a waitlist for updates and early access. No exact listing date was given.
The distribution channel is large relative to most crypto venues. Schwab reported $13.04 trillion in total client assets and 39.9 million active brokerage accounts as of July 31, 2026, in its latest monthly activity highlights. Crypto accounts sit at Charles Schwab Premier Bank and are linked to a brokerage relationship; not every client will qualify.
Pricing is 75 basis points, or 0.75%, of each trade’s dollar value, which Schwab called among the lowest in the industry in the press release. That fee is still higher than many dedicated exchanges. The offering is available in all U.S. states except New York and Louisiana and is not offered in U.S. territories or internationally.
Joe Vietri, head of digital assets at Charles Schwab, said in the statement that the expansion gives clients “more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab,” and that the tokens would be backed by education, tools and support.
Schwab also said it plans to add more digital assets over time, while warning it may delay, modify or withdraw support for any announced asset based on market, regulatory, operational or risk developments. Cryptocurrencies held in the accounts are not FDIC-insured or SIPC-protected and can lose value, the firm said.
For traders, the listings widen regulated retail access to SOL, AVAX and LINK without moving assets off a traditional brokerage stack. The trade-off is a narrow token menu, a 75-basis-point ticket, geographic limits and no confirmed go-live date.
The post Charles Schwab to Add Solana, Avalanche and Chainlink to Crypto Platform appeared first on Cryptopress.

<ul><li>Charles Schwab plans to add Solana, Avalanche and Chainlink to Schwab Crypto in the coming months.</li><li>The platform launched in May 2026 with bitcoin and ether and charges 75 basis points per trade.</li><li>Schwab reported $13.04 trillion in client assets and 39.9 million brokerage accounts as of July 31, 2026.</li><li>The service is unavailable in New York, Louisiana, U.S. territories and international jurisdictions, and Schwab may delay or withdraw support.</li></ul><p class="has-drop-cap">Charles Schwab said Thursday it will expand <strong>Schwab Crypto</strong> beyond bitcoin and ether by adding <strong>Solana (SOL)</strong>, <strong>Avalanche (AVAX)</strong> and <strong>Chainlink (LINK)</strong> for clients to buy and sell in the coming months, according to a <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Announces-Plans-to-Expand-Digital-Assets-Available-in-Schwab-Crypto-Accounts/" target="_blank" rel="noopener">company announcement</a>.</p><p>The brokerage framed the listings as a <strong>client-demand</strong> move toward established tokens rather than a broad altcoin rollout. Schwab Crypto began reaching retail clients in <strong>May 2026</strong> with direct bitcoin and ether trading through Schwab.com, the Schwab mobile app and thinkorswim, as noted in the same <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Announces-Plans-to-Expand-Digital-Assets-Available-in-Schwab-Crypto-Accounts/" target="_blank" rel="noopener">release</a>.</p><p>In a <a href="https://x.com/CharlesSchwab/status/2092971656633327719" target="_blank" rel="noopener">post on X</a>, the firm said clients will <strong>soon</strong> be able to trade the three tokens in Schwab Crypto accounts and pointed users to a waitlist for updates and early access. No exact listing date was given.</p><p>The distribution channel is large relative to most crypto venues. Schwab reported <strong>$13.04 trillion</strong> in total client assets and <strong>39.9 million</strong> active brokerage accounts as of July 31, 2026, in its latest <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Schwab-Reports-Monthly-Activity-Highlights-f6515f5a5/default.aspx" target="_blank" rel="noopener">monthly activity highlights</a>. Crypto accounts sit at Charles Schwab Premier Bank and are linked to a brokerage relationship; not every client will qualify.</p><p>Pricing is <strong>75 basis points</strong>, or <strong>0.75%</strong>, of each trade’s dollar value, which Schwab called among the lowest in the industry in the <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Announces-Plans-to-Expand-Digital-Assets-Available-in-Schwab-Crypto-Accounts/" target="_blank" rel="noopener">press release</a>. That fee is still higher than many dedicated exchanges. The offering is available in all U.S. states except <strong>New York</strong> and <strong>Louisiana</strong> and is not offered in U.S. territories or internationally.</p><p>Joe Vietri, head of digital assets at Charles Schwab, said in the <a href="https://pressroom.aboutschwab.com/press-releases/press-release/2026/Charles-Schwab-Announces-Plans-to-Expand-Digital-Assets-Available-in-Schwab-Crypto-Accounts/" target="_blank" rel="noopener">statement</a> that the expansion gives clients “more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab,” and that the tokens would be backed by education, tools and support.</p><p>Schwab also said it plans to add more digital assets over time, while warning it may <strong>delay, modify or withdraw</strong> support for any announced asset based on market, regulatory, operational or risk developments. Cryptocurrencies held in the accounts are not FDIC-insured or SIPC-protected and can lose value, the firm said.</p><p>For traders, the listings widen regulated retail access to SOL, AVAX and LINK without moving assets off a traditional brokerage stack. The trade-off is a narrow token menu, a 75-basis-point ticket, geographic limits and no confirmed go-live date.</p>

Bitcoin briefly topped $81,000 this week, its highest level since May, before easing near $79,000.
U.S. spot bitcoin ETFs took in $314 million on Tuesday and about $232 million on Wednesday, lifting August inflows above $3 billion.
CryptoQuant’s Bull Score jumped from 30 to 80 in a week; a close above the $83,100 365-day moving average is still needed for official confirmation.
Bernstein’s base case sees bitcoin at $150,000 by mid-2027 and about $300,000 in 2029.
Bitcoin is consolidating near $79,000 after a sharp weekly advance that briefly pushed the cryptocurrency above $81,000 for the first time since May, as U.S. spot exchange-traded funds extended a multi-day inflow streak and onchain analytics firm CryptoQuant said the market has entered the early phase of a new bull cycle.
The largest cryptocurrency rallied more than 23% over seven days from levels below $65,000, according to CoinDesk, before traders took profits. The move was tied to two macro catalysts cited by CryptoQuant in coverage by The Block: the U.S. Treasury’s plan to double long-term government bond buybacks to at least $4 billion per operation from Sept. 9, and comments from President Donald Trump suggesting the U.S. government may consider buying bitcoin.
Institutional demand remained visible even as price cooled. U.S.-listed spot bitcoin ETFs recorded $314.37 million in net inflows on Tuesday, a seventh consecutive session, lifting August totals to $3.03 billion, Cointelegraph reported citing SoSoValue. Combined net assets stood at $99.05 billion. On Wednesday the funds added about $232 million, stretching the streak to eight days and bringing inflows over that run to roughly $2.8 billion, according to CoinDesk live updates. BlackRock’s IBIT absorbed the bulk of Tuesday’s flow.
CryptoQuant said its Bull Score surged from 30 to 80 in one week, the strongest reading since Oct. 6, 2025, when bitcoin traded around $124,000, with eight of 10 tracked metrics flashing bullish. The firm still treats a close above the 365-day moving average, now near $83,100, as the line for an “official” confirmation. “A decisive break above $83,000 would confirm the new bull market; until then, that level is likely to act as initial resistance, with the possibility of an early bull market correction,” the firm said in the The Block report.
Wall Street research firm Bernstein separately argued the rebound fits a longer “debasement trade.” In its base case, bitcoin returns to about $125,000 by the end of 2026, reaches a new all-time high of $150,000 by mid-2027, and peaks near $300,000 in 2029, while a bull case extends to $200,000 by mid-2027 and $500,000 in 2029, The Block reported. The firm kept a longer-term target of about $1 million by 2033.
Near-term risks remain. CoinDesk noted falling futures open interest and a tilt toward short-term bearish flow after the vertical advance, while Pedro Fontes, a research analyst at Mercado Bitcoin, flagged $82,000 and $85,000 as the next resistance levels and said some consolidation would be natural. Year-to-date, spot bitcoin ETFs are still net negative by more than $2 billion despite August’s rebound.
The post Bitcoin Holds Near $79,000 After Rallying Past $81,000 as ETF Inflows Top $3 Billion appeared first on Cryptopress.

<ul><li>Bitcoin briefly topped <strong>$81,000</strong> this week, its highest level since May, before easing near <strong>$79,000</strong>.</li><li>U.S. spot bitcoin ETFs took in <strong>$314 million</strong> on Tuesday and about <strong>$232 million</strong> on Wednesday, lifting August inflows above <strong>$3 billion</strong>.</li><li>CryptoQuant's Bull Score jumped from <strong>30 to 80</strong> in a week; a close above the <strong>$83,100</strong> 365-day moving average is still needed for official confirmation.</li><li>Bernstein's base case sees bitcoin at <strong>$150,000</strong> by mid-2027 and about <strong>$300,000</strong> in 2029.</li></ul><p class="has-drop-cap">Bitcoin is consolidating near <strong>$79,000</strong> after a sharp weekly advance that briefly pushed the cryptocurrency above <strong>$81,000</strong> for the first time since May, as U.S. spot exchange-traded funds extended a multi-day inflow streak and onchain analytics firm CryptoQuant said the market has entered the early phase of a new bull cycle.</p><p>The largest cryptocurrency rallied more than <strong>23%</strong> over seven days from levels below <strong>$65,000</strong>, according to <a href="https://www.coindesk.com/markets/2026/08/26/bitcoin-takes-a-breather-after-adding-23-in-7-days-as-etf-demand-holds-steady" target="_blank" rel="noopener">CoinDesk</a>, before traders took profits. The move was tied to two macro catalysts cited by <a href="https://www.theblock.co/news/markets/2026-08-26-cryptoquant-bitcoin-bull-market-83000-official-confirmation-412822" target="_blank" rel="noopener">CryptoQuant in coverage by The Block</a>: the U.S. Treasury's plan to double long-term government bond buybacks to at least <strong>$4 billion</strong> per operation from Sept. 9, and comments from President Donald Trump suggesting the U.S. government may consider buying bitcoin.</p><p>Institutional demand remained visible even as price cooled. U.S.-listed spot bitcoin ETFs recorded <strong>$314.37 million</strong> in net inflows on Tuesday, a seventh consecutive session, lifting August totals to <strong>$3.03 billion</strong>, <a href="https://cointelegraph.com/news/bitcoin-etf-august-inflows-surge-past-3-billion" target="_blank" rel="noopener">Cointelegraph reported citing SoSoValue</a>. Combined net assets stood at <strong>$99.05 billion</strong>. On Wednesday the funds added about <strong>$232 million</strong>, stretching the streak to eight days and bringing inflows over that run to roughly <strong>$2.8 billion</strong>, according to <a href="https://www.coindesk.com/business/2026/08/27/live-updates-bitcoin-etf-inflows-hit-eight-straight-days-as-august-tops-usd3-billion" target="_blank" rel="noopener">CoinDesk live updates</a>. BlackRock's IBIT absorbed the bulk of Tuesday's flow.</p><p>CryptoQuant said its Bull Score surged from <strong>30 to 80</strong> in one week, the strongest reading since Oct. 6, 2025, when bitcoin traded around <strong>$124,000</strong>, with eight of 10 tracked metrics flashing bullish. The firm still treats a close above the 365-day moving average, now near <strong>$83,100</strong>, as the line for an "official" confirmation. "A decisive break above $83,000 would confirm the new bull market; until then, that level is likely to act as initial resistance, with the possibility of an early bull market correction," the firm said in the <a href="https://www.theblock.co/news/markets/2026-08-26-cryptoquant-bitcoin-bull-market-83000-official-confirmation-412822" target="_blank" rel="noopener">The Block report</a>.</p><p>Wall Street research firm Bernstein separately argued the rebound fits a longer "debasement trade." In its base case, bitcoin returns to about <strong>$125,000</strong> by the end of 2026, reaches a new all-time high of <strong>$150,000</strong> by mid-2027, and peaks near <strong>$300,000</strong> in 2029, while a bull case extends to <strong>$200,000</strong> by mid-2027 and <strong>$500,000</strong> in 2029, <a href="https://www.theblock.co/news/markets/2026-08-26-bernstein-sees-bitcoin-reaching-150000-by-mid-2027-amid-debasement-trade-but-cuts-strategy-target-to-350-412778" target="_blank" rel="noopener">The Block reported</a>. The firm kept a longer-term target of about <strong>$1 million</strong> by 2033.</p><p>Near-term risks remain. CoinDesk noted falling futures open interest and a tilt toward short-term bearish flow after the vertical advance, while Pedro Fontes, a research analyst at Mercado Bitcoin, flagged <strong>$82,000</strong> and <strong>$85,000</strong> as the next resistance levels and said some consolidation would be natural. Year-to-date, spot bitcoin ETFs are still net negative by more than <strong>$2 billion</strong> despite August's rebound.</p>

Bitcoin briefly traded above $81,000 on Aug. 25, its first move above $80,000 since May, before settling near $79,000.
U.S. spot bitcoin ETFs recorded about $1.9 billion in net inflows last week, the strongest weekly total since October 2025.
The rally followed the U.S. Treasury plan to at least double long-dated bond buybacks to $4 billion per operation.
CryptoQuant’s Bull Score jumped to 80, its highest reading since October 2025.
Analysts described the rebound as a catch-up trade and said it is too early to call a new bull market.
Bitcoin briefly reclaimed the $80,000 level on Tuesday for the first time since May, trading as high as $81,240.68 before profit-taking pulled the price back toward $79,000 in Wednesday’s Asian session, according to CNBC and CoinDesk.
The move capped a sharp seven-day advance of roughly 23% to 25%, one of bitcoin’s strongest weekly dollar gains of the cycle. Ether held weekly gains near 29% even as it slipped to just under $2,465, while XRP remained up almost 45% on the week after a more than 4% pullback, CoinDesk reported.
Institutional demand returned alongside the price rebound. U.S. spot bitcoin ETFs drew about $1.9 billion in net inflows last week, their largest weekly haul since October 2025, The Block’s analysis of SoSoValue data showed. Combined bitcoin and ether ETF trading volume more than tripled to $29 billion. The streak continued into this week: funds added another $314.37 million on Tuesday, lifting August inflows to $3.03 billion, Cointelegraph reported, citing SoSoValue.
The rally started after the U.S. Treasury announced it would at least double liquidity-support buybacks of longer-dated nominal Treasuries, from a $2 billion maximum per operation to at least $4 billion, effective Sept. 9 through Nov. 4. Lower long-end yields and a weaker dollar revived demand for risk assets. A short squeeze amplified the move: more than $4 billion in bearish crypto positions were liquidated as prices rose, per CNBC.
On-chain and market gauges also flipped. CryptoQuant’s Bull Score surged from 30 to 80, its highest since Oct. 6, 2025, when bitcoin traded near $124,000, with eight of 10 indicators now bullish, CoinDesk reported. Spot and futures demand expanded together for the first time since early October 2025, the firm said.
Analysts remain cautious. In comments to The Block, Presto Research associate researcher Min Jung said: “While it’s too early to call this a full-blown bull market, the move above $80,000 and the ETF inflows look like a catch-up trade since bitcoin has been lagging other risk assets for a while now.” Sticky inflation, Friday’s Jackson Hole remarks from Federal Reserve Chair Kevin Warsh, and coming U.S. PCE and GDP data remain near-term tests for whether $80,000 holds.
The post Bitcoin Reclaims $80,000 for First Time Since May as ETF Inflows Surge appeared first on Cryptopress.

<ul><li>Bitcoin briefly traded above $81,000 on Aug. 25, its first move above $80,000 since May, before settling near $79,000.</li><li>U.S. spot bitcoin ETFs recorded about $1.9 billion in net inflows last week, the strongest weekly total since October 2025.</li><li>The rally followed the U.S. Treasury plan to at least double long-dated bond buybacks to $4 billion per operation.</li><li>CryptoQuant's Bull Score jumped to 80, its highest reading since October 2025.</li><li>Analysts described the rebound as a catch-up trade and said it is too early to call a new bull market.</li></ul><p class="has-drop-cap">Bitcoin briefly reclaimed the <strong>$80,000</strong> level on Tuesday for the first time since May, trading as high as <strong>$81,240.68</strong> before profit-taking pulled the price back toward <strong>$79,000</strong> in Wednesday's Asian session, according to <a href="https://www.cnbc.com/2026/08/25/bitcoin-price-near-80000-cryptocurrency-ether-us-treasuries.html" target="_blank" rel="noopener">CNBC</a> and <a href="https://www.coindesk.com/markets/2026/08/26/bitcoin-holds-usd79-000-ether-solana-slip-4-as-traders-bank-a-week-of-gains" target="_blank" rel="noopener">CoinDesk</a>.</p><p>The move capped a sharp seven-day advance of roughly <strong>23% to 25%</strong>, one of bitcoin's strongest weekly dollar gains of the cycle. Ether held weekly gains near <strong>29%</strong> even as it slipped to just under <strong>$2,465</strong>, while XRP remained up almost <strong>45%</strong> on the week after a more than 4% pullback, <a href="https://www.coindesk.com/markets/2026/08/26/bitcoin-holds-usd79-000-ether-solana-slip-4-as-traders-bank-a-week-of-gains" target="_blank" rel="noopener">CoinDesk reported</a>.</p><p>Institutional demand returned alongside the price rebound. U.S. spot bitcoin ETFs drew about <strong>$1.9 billion</strong> in net inflows last week, their largest weekly haul since October 2025, <a href="https://www.theblock.co/news/markets/2026-08-22-bitcoin-and-ether-etfs-draw-2-6-billion-in-strongest-inflow-week-since-october-tripling-volume-412531" target="_blank" rel="noopener">The Block's analysis of SoSoValue data</a> showed. Combined bitcoin and ether ETF trading volume more than tripled to <strong>$29 billion</strong>. The streak continued into this week: funds added another <strong>$314.37 million</strong> on Tuesday, lifting August inflows to <strong>$3.03 billion</strong>, <a href="https://cointelegraph.com/news/bitcoin-etf-august-inflows-surge-past-3-billion" target="_blank" rel="noopener">Cointelegraph reported</a>, citing SoSoValue.</p><p>The rally started after the <a href="https://content.govdelivery.com/accounts/USTREAS/bulletins/425aba1" target="_blank" rel="noopener">U.S. Treasury announced</a> it would at least double liquidity-support buybacks of longer-dated nominal Treasuries, from a <strong>$2 billion</strong> maximum per operation to at least <strong>$4 billion</strong>, effective Sept. 9 through Nov. 4. Lower long-end yields and a weaker dollar revived demand for risk assets. A short squeeze amplified the move: more than <strong>$4 billion</strong> in bearish crypto positions were liquidated as prices rose, per <a href="https://www.cnbc.com/2026/08/25/bitcoin-price-near-80000-cryptocurrency-ether-us-treasuries.html" target="_blank" rel="noopener">CNBC</a>.</p><p>On-chain and market gauges also flipped. CryptoQuant's Bull Score surged from <strong>30 to 80</strong>, its highest since Oct. 6, 2025, when bitcoin traded near $124,000, with eight of 10 indicators now bullish, <a href="https://www.coindesk.com/markets/2026/08/26/bitcoin-holds-usd79-000-ether-solana-slip-4-as-traders-bank-a-week-of-gains" target="_blank" rel="noopener">CoinDesk reported</a>. Spot and futures demand expanded together for the first time since early October 2025, the firm said.</p><p>Analysts remain cautious. In comments to <a href="https://www.theblock.co/news/markets/2026-08-25-bitcoin-holds-above-80000-412674" target="_blank" rel="noopener">The Block</a>, Presto Research associate researcher Min Jung said: "While it's too early to call this a full-blown bull market, the move above $80,000 and the ETF inflows look like a catch-up trade since bitcoin has been lagging other risk assets for a while now." Sticky inflation, Friday's Jackson Hole remarks from Federal Reserve Chair Kevin Warsh, and coming U.S. PCE and GDP data remain near-term tests for whether $80,000 holds.</p>

Bitcoin briefly touched $81,000 and is holding above the $80,000 level for the first time since May.
U.S. spot Bitcoin ETFs recorded approximately $1.9 billion in net inflows last week, the strongest since October 2025.
The rally was triggered by a U.S. Treasury decision to expand long-dated bond buybacks, leading to over $3 billion in short liquidations.
Analysts view the move as a catch-up trade amid lagging performance versus other risk assets, not yet a full bull market.
Bitcoin (BTC) is holding above the $80,000 level after briefly reaching a local high of $81,000 on Monday, extending a sharp rally that saw the cryptocurrency gain roughly 24% last week from below $63,000, according to The Block.
The advance was backed by robust institutional demand, with U.S. spot Bitcoin ETFs attracting about $1.9 billion in net inflows during the week ending August 22 — the largest weekly total since October 2025 — as The Block reported based on SoSoValue data. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for the majority of the inflows, while trading volumes more than tripled and assets under management rose to around $96 billion.
The key catalyst was the U.S. Treasury’s move to at least double its buybacks of long-dated bonds, which eased yields, weakened the dollar, and revived the debasement trade. This cracked Bitcoin’s prior trading range and triggered more than $3 billion in short liquidations within 24 hours, according to a CoinDesk markets report.
“While it’s too early to call this a full-blown bull market, the move above $80,000 and the ETF inflows look like a catch-up trade since bitcoin has been lagging other risk assets for a while now,” said Min Jung, associate researcher at Presto Research, in comments to The Block.
Ethereum also participated strongly, with spot ETH ETFs drawing roughly $697 million in the same week. The Crypto Fear & Greed Index has shifted into “Extreme Greed” territory. However, analysts caution that sticky inflation, geopolitical uncertainty, and potential profit-taking could test the sustainability of the rally as markets eye the Jackson Hole Symposium and upcoming economic data.
The post Bitcoin Holds Above $80,000 as ETF Inflows and Treasury Buybacks Fuel Rally appeared first on Cryptopress.

Total Bitcoin open interest across derivatives exchanges has slumped to a two-month low, reflecting a broader cooling in speculative leverage.
The decline in open interest indicates that market participants are unwinding futures positions amid recent price consolidation and heightened volatility.
Traders and analysts are monitoring funding rates and liquidation volumes to gauge whether the market is finding a durable bottom after the recent flush.
Bitcoin open interest has retreated to a two-month low, signaling a substantial cooling period in the cryptocurrency derivatives market as speculative positions are cleared out. According to on-chain data tracked via platforms such as CoinDesk, the total notional value of open futures contracts has experienced a notable contraction over the past several trading sessions.
The reduction in open interest typically points to a market-wide deleveraging event, where both long and short positions are closed out either voluntarily by cautious traders or forcibly through exchange liquidations. This flush of leveraged capital often lowers the risk of cascading liquidation cascades, potentially setting the stage for a more stable spot-driven market environment.
Market analysts monitoring the derivatives landscape note that funding rates across major centralized exchanges have stabilized following the sharp reduction in open interest. While lower open interest can sometimes translate to a temporary decrease in market liquidity, it also reduces systemic vulnerability to sudden price swings driven by excessive leverage. Institutional and retail participants alike are now closely watching volume metrics and order book depth to determine if the current consolidation phase will pave the way for a renewed directional trend.
The post Bitcoin Open Interest Falls to Two-Month Low Amid Market Deleveraging appeared first on Cryptopress.

Bitcoin holds near $77,000–$78,500 after its strongest weekly performance in years, climbing roughly 22–24% from the mid-$62,000s–$64,000 range to highs above $79,000. The move marked the largest single-week dollar gain on record (about $14,000) and the second-best weekly percentage advance since early 2021.
U.S. Treasury expansion of long-dated bond buybacks to at least $4 billion eased yields, weakened the dollar and revived the debasement trade alongside gold. Combined with consecutive multi-hundred-million-dollar spot Bitcoin ETF inflows totaling $1.92 billion (strongest week since October 2025), more than $3 billion in short liquidations, White House crypto engagement, Trump support for the CLARITY Act ahead of a September 15 procedural vote, and SEC “Regulation Crypto Assets” proposals, the catalysts flipped sentiment from apathy to greed (Fear & Greed Index at 78). Ethereum outperformed with ~31% gains, while total crypto market cap reached approximately $2.63–$2.7 trillion.
Other news:
Positive
U.S. spot Bitcoin ETFs recorded $1.92B weekly net inflows; Ethereum ETFs added ~$697M.Grayscale spot Zcash ETF filing powered ZEC’s ~70% weekly surge.Ray Dalio recommended investors own “a bit of Bitcoin” amid U.S. debt risks.Strategy (formerly MicroStrategy) raised $2B via MSTR share sales and built a $5.1B USD cash reserve.Standard Chartered became the first bank to distribute a Hong Kong dollar stablecoin.White House meeting and Trump comments advanced support for clearer U.S. crypto market structure.
Neutral
Fed Chair Kevin Warsh’s Jackson Hole debut this week is the key near-term macro event.Pakistan launched a crypto licensing regime with a September 5 registration deadline.SEC proposed token-offering exemptions under “Regulation Crypto Assets” while CLARITY Act awaits September action.
Negative
Weekend leverage squeeze liquidated hundreds of millions in long positions after the peak.MANTRA Chain freeze and BounceBit Layer-1 shutdown after exploits.Tether exited its Uruguay mining project over power-contract risks.Earlier XRP flash crash (up to ~37% intraday) highlighted leverage fragility despite weekly gains.
What coins are moving the most lately? Movers, buying opportunities (if any)
Standout weekly movers include Zcash (ZEC, ~62–71%), XRP (~48–53%), Ethena (ENA, ~87–100%), Pump.fun (PUMP, ~70–80%), Stacks (STX, ~96–100%), Hyperliquid (HYPE, ~35–38%), Solana (~25%), Ethereum (~28–31%) and Dogecoin (~30%). Bitcoin itself added the largest absolute value.
Buying opportunities remain selective after the vertical move: pullbacks toward prior breakout levels (Bitcoin $71,000–$75,000 zone) or relative-strength alts that lag the leaders but show improving on-chain/ETF flows could offer better risk-reward than chasing overbought names at extremes. High short-term-holder profit percentages and weekend long liquidations suggest near-term consolidation risk before any further extension toward $80,000+.
Bitcoin price evolution last 7 days (approx. closes/representative levels): Aug 17 ~$64.5k → Aug 24 ~$78k.
Zcash illustrative weekly trajectory reflecting the ~70% rally that led major altcoins.
The post Title: Bitcoin’s 23% Weekly Surge: Treasury Buybacks and CLARITY Momentum Fuel Crypto Rally appeared first on Cryptopress.

<ul><li>Total Bitcoin open interest across derivatives exchanges has slumped to a <strong>two-month low</strong>, reflecting a broader cooling in speculative leverage.</li><li>The decline in open interest indicates that market participants are unwinding futures positions amid recent price consolidation and heightened volatility.</li><li>Traders and analysts are monitoring funding rates and liquidation volumes to gauge whether the market is finding a durable bottom after the recent flush.</li></ul><p>Bitcoin open interest has retreated to a <strong>two-month low</strong>, signaling a substantial cooling period in the cryptocurrency derivatives market as speculative positions are cleared out. According to on-chain data tracked via platforms such as <a href="https://www.coindesk.com" target="_blank" rel="noopener">CoinDesk</a>, the total notional value of open futures contracts has experienced a notable contraction over the past several trading sessions.</p><p>The reduction in open interest typically points to a market-wide <strong>deleveraging event</strong>, where both long and short positions are closed out either voluntarily by cautious traders or forcibly through exchange liquidations. This flush of leveraged capital often lowers the risk of cascading liquidation cascades, potentially setting the stage for a more stable spot-driven market environment.</p><p>Market analysts monitoring the derivatives landscape note that funding rates across major centralized exchanges have stabilized following the sharp reduction in open interest. While lower open interest can sometimes translate to a temporary decrease in market liquidity, it also reduces systemic vulnerability to sudden price swings driven by excessive leverage. Institutional and retail participants alike are now closely watching volume metrics and order book depth to determine if the current consolidation phase will pave the way for a renewed directional trend.</p>

<ul><li>Bitcoin briefly touched $81,000 and is holding above the $80,000 level for the first time since May.</li><li>U.S. spot Bitcoin ETFs recorded approximately $1.9 billion in net inflows last week, the strongest since October 2025.</li><li>The rally was triggered by a U.S. Treasury decision to expand long-dated bond buybacks, leading to over $3 billion in short liquidations.</li><li>Analysts view the move as a catch-up trade amid lagging performance versus other risk assets, not yet a full bull market.</li></ul><p class="has-drop-cap">Bitcoin (BTC) is holding above the <strong>$80,000</strong> level after briefly reaching a local high of <strong>$81,000</strong> on Monday, extending a sharp rally that saw the cryptocurrency gain roughly <strong>24%</strong> last week from below $63,000, according to <a href="https://www.theblock.co/news/markets/2026-08-25-bitcoin-holds-above-80000-412674" target="_blank" rel="noopener">The Block</a>.</p><p>The advance was backed by robust institutional demand, with U.S. spot Bitcoin ETFs attracting about <strong>$1.9 billion</strong> in net inflows during the week ending August 22 — the largest weekly total since October 2025 — as <a href="https://www.theblock.co/news/markets/2026-08-22-bitcoin-and-ether-etfs-draw-2-6-billion-in-strongest-inflow-week-since-october-tripling-volume-412531" target="_blank" rel="noopener">The Block reported</a> based on SoSoValue data. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for the majority of the inflows, while trading volumes more than tripled and assets under management rose to around <strong>$96 billion</strong>.</p><p>The key catalyst was the U.S. Treasury’s move to at least double its buybacks of long-dated bonds, which eased yields, weakened the dollar, and revived the debasement trade. This cracked Bitcoin’s prior trading range and triggered more than <strong>$3 billion</strong> in short liquidations within 24 hours, according to a <a href="https://www.coindesk.com/markets/2026/08/24/bitcoin-steadies-near-usd78-000-as-gold-rallies-altcoins-consolidate-after-best-week-in-3-years" target="_blank" rel="noopener">CoinDesk markets report</a>.</p><p>“While it’s too early to call this a full-blown bull market, the move above $80,000 and the ETF inflows look like a catch-up trade since bitcoin has been lagging other risk assets for a while now,” said Min Jung, associate researcher at Presto Research, in comments to <a href="https://www.theblock.co/news/markets/2026-08-25-bitcoin-holds-above-80000-412674" target="_blank" rel="noopener">The Block</a>.</p><p>Ethereum also participated strongly, with spot ETH ETFs drawing roughly <strong>$697 million</strong> in the same week. The Crypto Fear & Greed Index has shifted into “Extreme Greed” territory. However, analysts caution that sticky inflation, geopolitical uncertainty, and potential profit-taking could test the sustainability of the rally as markets eye the Jackson Hole Symposium and upcoming economic data.</p>

Bitcoin posted its largest weekly gain measured in dollars in history, rising $14,264 to close the week ended Aug. 23 at $77,387, according to The Block. The move represented a 22.7% increase over seven days and marked the cryptocurrency’s strongest dollar-denominated weekly performance on record.
The advance was supported by renewed institutional demand. U.S. spot bitcoin exchange-traded funds attracted $1.92 billion in net inflows in the trading week ended Aug. 21, the largest weekly total since the height of the prior cycle in October 2025, data cited by The Block showed. Ether ETFs also saw strong inflows, contributing to broader market momentum that lifted several major tokens into double-digit weekly gains.
Macro catalysts played a central role. On Aug. 19, the U.S. Treasury Department announced it would at least double the size of liquidity-support buyback operations for longer-dated nominal coupon securities in the 10- to 30-year segments, raising the per-operation maximum to at least $4 billion, as reported by Bloomberg. Treasury Secretary Scott Bessent later indicated the size could exceed that figure depending on market conditions. The announcement initially eased long-term yields and supported risk assets, including bitcoin, which briefly approached $80,000 before consolidating near $77,000.
Strive Chairman and CEO Matt Cole highlighted bitcoin’s performance against both the dollar and gold. In a post on X, Cole wrote that the breakout “reinforcing my view that the next Bitcoin cycle will be the strongest we have ever seen,” citing structural forces including a potential secular decline in the dollar and rising demand for scarce assets in an AI-driven environment. The Block reported Cole stating the comparative strength “shows that the next bitcoin cycle will be the strongest we have ever seen.”
Bitcoin held above $77,000 into the new week as traders monitored upcoming events including the Jackson Hole symposium, according to CoinDesk. While the rapid advance has raised questions about near-term consolidation, the combination of ETF demand and liquidity signals has shifted market focus toward whether the gains can be sustained.
The post Bitcoin Posts Largest Weekly Dollar Gain on Record Amid ETF Inflows and Treasury Buybacks appeared first on Cryptopress.

<p>Bitcoin posted its largest weekly gain measured in dollars in history, rising <strong>$14,264</strong> to close the week ended Aug. 23 at <strong>$77,387</strong>, according to <a href="https://www.theblock.co/news/markets/2026-08-23-bitcoin-record-weekly-dollar-gain-412547" target="_blank" rel="noopener">The Block</a>. The move represented a <strong>22.7%</strong> increase over seven days and marked the cryptocurrency’s strongest dollar-denominated weekly performance on record.</p><p>The advance was supported by renewed institutional demand. U.S. spot bitcoin exchange-traded funds attracted <strong>$1.92 billion</strong> in net inflows in the trading week ended Aug. 21, the largest weekly total since the height of the prior cycle in October 2025, data cited by <a href="https://www.theblock.co/news/markets/2026-08-23-bitcoin-record-weekly-dollar-gain-412547" target="_blank" rel="noopener">The Block</a> showed. Ether ETFs also saw strong inflows, contributing to broader market momentum that lifted several major tokens into double-digit weekly gains.</p><p>Macro catalysts played a central role. On Aug. 19, the U.S. Treasury Department announced it would at least double the size of liquidity-support buyback operations for longer-dated nominal coupon securities in the 10- to 30-year segments, raising the per-operation maximum to at least <strong>$4 billion</strong>, as reported by <a href="https://www.bloomberg.com/news/articles/2026-08-19/long-dated-treasuries-rally-as-treasury-boosts-bond-buybacks" target="_blank" rel="noopener">Bloomberg</a>. Treasury Secretary Scott Bessent later indicated the size could exceed that figure depending on market conditions. The announcement initially eased long-term yields and supported risk assets, including bitcoin, which briefly approached <strong>$80,000</strong> before consolidating near <strong>$77,000</strong>.</p><p>Strive Chairman and CEO Matt Cole highlighted bitcoin’s performance against both the dollar and gold. In a <a href="https://x.com/ColeMacro/status/2091678987605225745" target="_blank" rel="noopener">post on X</a>, Cole wrote that the breakout “reinforcing my view that the next Bitcoin cycle will be the strongest we have ever seen,” citing structural forces including a potential secular decline in the dollar and rising demand for scarce assets in an AI-driven environment. <a href="https://www.theblock.co/news/markets/2026-08-23-bitcoin-record-weekly-dollar-gain-412547" target="_blank" rel="noopener">The Block</a> reported Cole stating the comparative strength “shows that the next bitcoin cycle will be the strongest we have ever seen.”</p><p>Bitcoin held above <strong>$77,000</strong> into the new week as traders monitored upcoming events including the Jackson Hole symposium, according to <a href="https://www.coindesk.com/markets/2026-08-24/crypto-holds-big-weekly-rally-as-warsh-s-jackson-hole-debut-comes-into-focus" target="_blank" rel="noopener">CoinDesk</a>. While the rapid advance has raised questions about near-term consolidation, the combination of ETF demand and liquidity signals has shifted market focus toward whether the gains can be sustained.</p>

In May 2026, three major venues listed cash-settled GPU futures within sixteen days. CME partnered with Silicon Data. ICE followed with Ornn. Architect’s American Innovation Exchange joined shortly after. At least six ETF filings appeared before a single contract traded. Larry Fink had already framed the thesis: compute is becoming an asset class. AI capital expenditure hit roughly $765 billion that year, surpassing oil and gas for the first time. The resource powering the next industrial wave needed price discovery, hedging tools, and capital markets.
A Compute Capital Market lets producers and consumers of GPU time hedge and speculate the same way energy, metals, and agricultural markets do. The stack has four layers. Spot and forward capacity platforms—neoclouds, GPU-as-a-service providers, and decentralized compute networks—deliver the physical hours. Index providers turn fragmented rental quotes and private trades into reference prices. Exchanges list standardized, mostly cash-settled futures and options. OTC dealers warehouse the residual basis risk.
This is not abstract finance. Producers fear inventory clearing below cost. Consumers—inference platforms and the growing agentic layer—fear compute becoming more expensive. Agentic AI, models that run multi-step tasks autonomously, burns far more compute than a single prompt. One-year H100 rental rates rose roughly 38 percent in five months from late 2025 into early 2026 while on-demand supply sold out. Both sides need hedges. Traditional venues are racing to supply them. Crypto’s opening sits in the layers those paper markets leave open: cryptographic verification of quality, on-chain financing of hardware, and delivery of capacity into real networks rather than pure speculation.
AI CapEx Surpasses Oil & Gas (2026) Why Compute Resists Clean Financialization
GPU hours are not barrels of oil. Two H100s of the same model can deliver meaningfully different throughput depending on configuration, cooling, networking, and region. Silicon Data’s benchmarking across thousands of GPUs found performance spreads of more than 30 percent even within the same chip family. A single index papers over differences in SKU, location, contract term, and service level. Cash settlement against an off-chain price avoids physical delivery problems, yet it also leaves the hard questions untouched: proof that the compute actually ran at the promised quality, reliable sourcing of capacity for hedgers who need physical settlement, and persistent basis risk across configurations.
Commodity markets have solved similar problems before. Benchmarks emerge through trading. Reservations standardize as curves deepen. The current dealer-intermediated structure is the seed, not the end state. Still, the non-fungibility of high-end accelerators, the speed of hardware generations (Blackwell ramping while residual values of prior chips remain uncertain), and the concentration of power and interconnect create friction that pure financial instruments cannot fully erase.
Crypto’s Role in the Pipeline
Decentralized Physical Infrastructure Networks and related primitives do not need to replace hyperscalers. They need to intermediate specific chokepoints in the AI hardware and data pipeline where traditional capital is slow, verification is weak, or supply is fragmented.
On the financing side, tokenization is already turning GPUs into collateral and cash-flow assets. Projects structure GPU-backed instruments that let operators convert capital expenditure into operating expense while giving investors yield tied to utilization. Akash’s Starbonds approach is one example: SEC-compliant securities designed to fund protocol-aligned, higher-quality GPU capacity that can be deployed into a mesh rather than pure idle-rack marketplaces. Similar models treat data-center racks or individual accelerators as warehouse receipts under commercial law frameworks, unlocking private credit and DeFi liquidity against productive hardware. The same primitives that tokenized real-world assets for real estate or commodities can intermediate the AI supply chain’s most capital-intensive layer.
On the delivery side, decentralized compute networks aggregate dispersed supply—consumer GPUs, edge nodes, underutilized enterprise racks—and surface it through reverse auctions or standardized leases. Akash, Render, io.net and others have moved beyond early speculative staking toward measurable utilization, though availability, quality verification, and enterprise SLAs remain works in progress. The more durable position is the wholesale supply layer: aggregating capacity, providing verifiable resources, and selling in bulk to inference platforms or middle layers rather than competing head-on with AWS for every developer.
Verification is the missing piece traditional futures leave open. Cryptographic proofs that a workload ran on specific hardware at claimed performance, confidential computing environments, and continuous resource attestation turn opaque rental markets into something closer to auditable infrastructure. Without them, cash-settled indices remain vulnerable to gaming and quality disputes.
Data and coordination layers complete the picture. Bittensor’s subnet architecture turns AI work itself into competitive markets. Miners produce outputs, validators score them, and emissions flow toward higher-value contributions. Updates have focused on reducing leakage, concentrating rewards around productive subnets, and improving value capture for the root token. The network does not replace centralized labs; it creates permissionless coordination for specialized tasks, inference, and data pipelines that can feed the broader AI economy. Helium’s trajectory illustrates a parallel maturation in another DePIN vertical. After years of coverage-building, the network shifted toward carrier offload economics, measurable data traffic, and platform-layer positioning. Revenue from real usage began to decouple from pure token speculation, even as token price action remained challenging. The same pattern—usage and cash flow preceding valuation recovery—appears across more mature DePIN networks.
H100 Rental Rate Spike (Oct 2025 – Mar 2026) Real-World Mechanics and Case Studies
Consider the flow of a hedged AI workload. An inference platform locks capacity via a forward contract or futures position. The index provides the reference price. If physical delivery is required, a decentralized network or neocloud supplies the hours. On-chain financing may have funded the underlying GPUs. Proofs confirm execution quality. Settlement occurs against the index or through usage-based payments. Crypto primitives sit at the financing, verification, and fragmented-supply aggregation layers rather than owning the entire stack.
Akash’s evolution from idle-rack marketplace toward protocol-aligned capacity and regulated financing instruments shows one path. Bittensor’s subnet competition and emission refinements show another: turning intelligence production into a market with its own internal capital allocation. Helium demonstrates that DePIN can achieve carrier-scale traffic and measurable offload when incentives align with real demand rather than pure coverage mining. Across these examples, the common thread is the move from subsidy-driven bootstrap to revenue-generating infrastructure that can intermediate parts of the AI pipeline.
Private capital has continued to flow into the sector even as public token valuations compressed. DePIN startups raised substantial seed and Series A capital while on-chain revenues at leading networks grew. The sector as a whole reached roughly $10 billion in circulating market capitalization with tens of millions in annual on-chain revenue, trading at far lower multiples than earlier cycles. The shift from speculative experiments to infrastructure businesses with real cash flows is underway, unevenly and with plenty of failures.
Challenges and Risks
Financialization does not eliminate physical constraints. Power availability, interconnect quality, cooling, and chip supply remain binding. Residual value risk on GPUs is real; aggressive assumptions have burned lessors in prior technology cycles. Index construction can be gamed or simply fail to capture the configurations buyers actually need. Regulatory treatment of tokenized hardware, securities-style instruments, and cross-border capacity remains evolving.
Token economics in many networks still lean heavily on emissions. When emissions exceed revenue capture, price pressure persists even as usage grows. Concentration of control—whether in validator sets, foundation decision-making, or key hardware providers—introduces governance and single-point risks. Quality verification at scale is hard; cryptographic proofs help but do not yet cover every workload type or performance dimension.
Crypto’s advantage is speed of capital formation, transparent incentives, and the ability to aggregate long-tail supply that traditional markets ignore. Its disadvantage is the same as in other infrastructure verticals: the gap between token narrative and durable unit economics. Networks that close that gap by tying rewards tightly to verified usage and by providing genuine delivery or financing utility will intermediate the pipeline. Those that do not will remain speculative overlays.
Outlook: Intermediation, Not Replacement
The AI supply chain will not run on pure Web2 architecture, nor will it be fully decentralized. The more likely path is a hybrid stack in which traditional capital markets and hyperscalers handle the bulk of high-reliability, high-performance demand while crypto primitives intermediate financing, verification, fragmented supply, specialized coordination, and elastic overflow. Compute capital markets make the price of GPU time visible and hedgeable. Tokenization and DePIN turn hardware and data into programmable, financeable assets. Networks that produce measurable intelligence or bandwidth become participants in that market rather than pure token experiments.
For builders and capital allocators the practical questions are concrete. Can the network deliver verifiable capacity at competitive all-in cost? Does the token capture a meaningful share of the economic activity it enables? Is the financing structure robust to hardware depreciation and utilization volatility? Does the coordination mechanism surface higher-quality outputs over time?
The race to financialize compute is already underway in traditional venues. Crypto’s edge lies in the layers those venues cannot easily touch: cryptographic quality proofs, permissionless aggregation of long-tail hardware, and native capital formation for the physical assets themselves. The networks that occupy those layers will not own the AI supply chain. They will intermediate critical segments of it—and that is enough.
Key takeaways:
Compute is becoming a tradable commodity with futures, indices, and hedging demand driven by AI capex and agentic workloads.
Crypto primitives fit best in financing (tokenized GPU-backed instruments), verification (proofs of quality), and fragmented supply aggregation rather than full hyperscaler replacement.
Mature DePIN examples show usage and revenue beginning to decouple from pure speculation, though token economics and quality assurance remain challenges.
The durable opportunity is intermediation of the AI hardware and data pipeline through programmable, verifiable infrastructure.
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