BSC News

Spot Zcash ($ZEC) ETFs burst onto the scene with one of the strongest launches in crypto ETF history. Now, that momentum appears to have stalled, at least for the moment.
A Record-Breaking Start
Grayscale's Zcash ETF, trading under the ticker ZCSH, began trading on NYSE Arca on August 25, 2026, marking the first U.S. exchange-traded product to give spot exposure to ZEC through regular brokerage accounts, without requiring a crypto exchange or self-custody wallet. The fund hit the ground running. Its AUM crossed $500 million just two weeks after launch, and Zcash spot ETFs recorded $11.42 billion in trading volume for the week ending September 18, 2026, accounting for 32.5% of all spot crypto ETF turnover.
Despite being only weeks old, Zcash ETFs already rank third among altcoin ETFs by inflows, trailing only XRP and Solana. The inflow streak was further bolstered by a notable anchor investment: Digital Currency Group acquired shares of the fund worth approximately $100 million through an authorized participant in exchange for 85,705 ZEC tokens on September 8, 2026.
On the price side, the ETF launch proved to be a powerful catalyst. On September 4, 2026, ZEC surpassed $1,021, piercing the $1,000 psychological threshold for the first time in its history. The asset accumulated gains exceeding 88% over a 30-day period, with six-month performance showing approximately 353% appreciation against the U.S. dollar.
The Streak Snaps
The strong run of inflows came to an abrupt halt on September 23. According to @BSCNews, the products had pulled in more than $284 million in net inflows during September alone before recording three consecutive days of zero activity.
Whether that pause reflects investors taking a breather after a rapid run-up, or something more structural, remains to be seen. Context may matter here. Grayscale announced a 3-for-1 forward share split for ZCSH on September 18, 2026, with the record date set for September 28 and split-adjusted trading beginning September 30. The split does not change the fund's underlying value but is designed to make shares more accessible to a broader investor base. It is plausible that some participants are simply waiting for the post-split landscape to settle before adding new positions.
Meanwhile, the broader product landscape continues to expand. 21Shares launched a Zcash ETP in Europe on September 22, 2026, giving European investors a new regulated avenue for ZEC exposure. Whether that development draws capital away from U.S.-listed products, or simply expands the overall investor base, will be worth monitoring in the weeks ahead.
For now, the zero-flow days leave an open question: was this a temporary pause in a broader structural trend, or the first sign that the initial excitement around $ZEC ETFs has run its course?
Sources:
Grayscale Zcash ETF SEC Filing, September 8, 2026 (SEC.gov)
Zcash ETF Accounts for a Third of All Crypto ETF Trading (Yahoo Finance)
Grayscale Zcash ETF 3-for-1 Share Split Announcement (SEC.gov)

Few stories in crypto are as improbable as that of Shiba Inu ($SHIB). No venture capital backing, no high-profile founding team, and no real utility at launch. Just an anonymous developer, a dog meme, and a community that refused to let it die.
From Anonymous Experiment to Billion-Dollar Ecosystem
Shiba Inu was born in August 2020 by an anonymous creator nicknamed Ryoshi, who launched the project on the Ethereum network as an experiment in absolute decentralization. The premise was simple: to see if a community with no initial budget could build something big from scratch.
It was positioned from day one as a "Dogecoin killer," a tongue-in-cheek description that stuck around in crypto media coverage for years. The launch strategy was equally audacious. It locked 50% of its supply in Uniswap to ensure liquidity while sending the other 50% to Ethereum co-founder Vitalik Buterin. That bold move garnered significant attention and set the stage for $SHIB's explosive growth.
Buterin's May 2021 burn of 410 trillion tokens created the first major deflationary catalyst while generating global media coverage. His COVID relief donation added philanthropic elements that expanded appeal beyond speculation.
Shiba Inu delivered one of the best returns in the history of financial markets in 2021, when it soared by an eye-popping 45,278,000%. That would have been enough to turn a perfectly timed investment of $3 into more than $1 million.
Building Beyond the Meme
What separates $SHIB from the countless meme tokens that faded into obscurity is that its community kept building. In July 2021, the ecosystem launched ShibaSwap, a decentralized exchange introducing secondary tokens like LEASH and BONE. The most significant technical leap came in August 2023 with the launch of Shibarium, a Layer-2 scaling solution designed to reduce gas fees and increase transaction speeds, transforming $SHIB from a simple currency into a utility token for decentralized applications.
The pseudonymous lead developer Shytoshi Kusama has steered the ecosystem since the abrupt exit of founder Ryoshi in 2022, playing a vital role in the development and launch of Shibarium.
The rivalry with @Dogecoin $DOGE remains one of crypto's most watched contests. The competition between the two has elicited major discussions, with some users predicting that $SHIB will flip $DOGE to become the world's largest meme coin by market cap. Notably, $SHIB achieved this milestone briefly in October 2021 when it soared to an all-time high of $0.00008845. For now, $DOGE retains the lead, but the @Shibtoken community has made clear it is playing a long game.
$SHIB is a rare example of a meme coin that tried to grow past its origin story. What began as a Dogecoin parody now has a functioning decentralized exchange, a Layer 2 network, and a community that has stuck around through multiple market cycles.
This article is for informational purposes only and does not constitute financial advice.
Sources:
Crypto.news: What is Shiba Inu? Guide to history, uses, and future trends
Benzinga: Shiba Inu Celebrates 4th Anniversary
Bitget: When Did Shiba Inu Launch

An unidentified whale wallet has moved 500,000 $SOL tokens directly to @Binance, according to on-chain data flagged by @whale_alert. The transfer, worth approximately $60.47 million at the time of the transaction, is drawing attention from traders who interpret exchange deposits of this size as a likely precursor to selling.
A Move That Markets Cannot Ignore
When a wallet of this scale routes tokens to a centralised exchange rather than a private wallet or staking contract, the market typically reads it as preparation to sell. The logic is straightforward: tokens sitting in self-custody or in staking protocols are largely removed from immediate selling pressure, while tokens deposited to an exchange are available for liquidation within minutes.
The sheer scale of the transfer amplifies the concern. At roughly $60.47 million, the position is large enough to move order books if executed as a single market order, though sophisticated sellers typically work through over-the-counter desks or algorithmic strategies to minimise slippage.
SOL Context and Market Backdrop
The timing is notable. As of September 25, 2026, Solana was trading at $116.32. In the prior 24 hours the token ranged between $112.72 and $117.65 on trading volume of $4.26 billion, with a total market cap of $68.39 billion. A concentrated sell of this size, if executed on the open market, could test near-term support levels that traders have been watching closely.
Large on-chain transfers to exchanges are a recurring feature of the Solana market. Such movements are often interpreted as institutional custody moves, over-the-counter trade settlements, or preparation for staking and decentralised finance activities, meaning the bearish read is not guaranteed. However, the absence of any publicly known reason for the transfer leaves the default interpretation firmly on the sell side.
Until the tokens move again or a sale is confirmed on-chain, the market is left watching. A deposit of this magnitude is rarely noise.
Sources:
Solana (SOL) live price and market data, Bybit
Whale Moves $446 Million in Solana from Binance in Largest Transfer of 2026, Bitcoin World

Aptos has lost its footing in the stablecoin rankings after a sharp weekly decline wiped more than $150 million from its native stablecoin market cap.
Aptos Falls Below the $1 Billion Mark
According to data from DefiLlama, @Aptos' stablecoin market cap has dropped approximately 14.5% over the past week, pushing the figure below $1 billion to around $950 million at the time of writing. The move is a notable reversal for a chain that had been building stablecoin liquidity steadily throughout the year. Earlier in 2026, stablecoin liquidity on Aptos peaked at close to $1.9 billion, making the current pullback all the more striking.
The broader stablecoin market, by contrast, has held up. Total stablecoin market capitalisation stood at $308 billion as of mid-August 2026, up 14.3% year over year, according to DefiLlama data. Aptos is clearly losing ground relative to that wider trend.
Stellar Moves Up to Claim the Number 13 Spot
The decline has been enough to hand @StellarOrg the number 13 position in the chain stablecoin rankings. Stellar has been gaining momentum on multiple fronts. The payments-focused platform climbed to third place among blockchains hosting tokenized real-world assets as of September 25, 2026, with DefiLlama data showing $2.75 billion in tokenized holdings tied to off-chain value. That broader activity appears to be pulling stablecoin flows along with it.
For Aptos, the stablecoin retreat adds to a challenging period for the network's token. $APT collapsed from around $5.50 in October 2025 to an all-time low near $0.53 in August 2026. Even fresh ecosystem updates have struggled to generate a meaningful price reaction, suggesting demand for the token remains limited despite continued network activity.
On the supply side, Aptos has been implementing structural changes. The project shifted toward a more deflationary model by introducing a 2.1 billion $APT hard supply cap, reducing staking rewards from 5.19% to around 2.6%, and permanently burning 100% of transaction fees. A key milestone arrives on October 11, 2026, when annual token unlocks are expected to decline by nearly 60%, easing long-term selling pressure. Whether those mechanics can help reverse the stablecoin outflows remains to be seen.
Sources:
DefiLlama: Stablecoins by Chain
Coinpedia: Aptos Stablecoin and APT Price Analysis
Bitcoin Foundation: Stablecoin Market Cap Tops $321B

One of the largest single-day exchange outflows in recent XRP history has the crypto community asking one question: was it Ripple?
According to @whale_alert, a total of 577,815,416 $XRP tokens were pulled from the @UpholdInc exchange across seven separate transactions. At the time of the withdrawals, the tokens were valued at roughly $900 million, making this one of the most closely watched on-chain events of the month.
Seven Transactions, One Big Question
The scale of the move is difficult to ignore. Spread across multiple transactions rather than a single bulk transfer, the withdrawal pattern has added to speculation that this was a coordinated, institutional-level action rather than a routine customer withdrawal. The identity of the entity behind the move remains unconfirmed.
Ripple, the blockchain payments company behind XRP, routinely moves large volumes of the token as part of its monthly escrow release schedule. Whale Alert regularly flags these transfers, and Ripple typically returns the unused majority, often 600 to 800 million tokens or more, to fresh escrow contracts within days. Whether this latest movement is connected to that cycle or represents a separate, unrelated actor is not yet clear.
It is also worth noting that large XRP transfers from Uphold do not always signal a whale exit. On-chain analysis has previously shown that wallets created by an exchange can ping back to another wallet of that same exchange, and whales leaving a platform do not usually have their destination wallets opened by that platform months in advance. In other words, what looks like a withdrawal on the surface can sometimes be an internal custody reshuffle.
Broader Context: XRP Exchange Flows in 2026
This event comes against a backdrop of elevated whale activity across XRP markets this year. Combined outflows from major exchanges including Binance and Upbit have at times reached hundreds of millions of XRP in a single drawdown, though analysts note such withdrawals are often concentrated on specific platforms and do not always reflect a broad market-wide trend.
When assets move out of exchanges at scale, market analysts typically read the negative netflow as a potentially bullish signal, as it suggests tokens are moving into private custody rather than remaining available for immediate sale. Whether that interpretation holds here will depend on where these tokens ultimately flow.
$XRP has been trading in a consolidation range through September 2026. Through mid-September, XRP settled into the $1.20 to $1.40 range after its August surge, sitting roughly 30 percent above its summer lows but still well below its cycle high, with ETF holdings growing modestly and Ripple's monthly escrow releases remaining the key supply overhang.
The identity of the wallet or entity behind the 577 million $XRP withdrawal has not been publicly confirmed. Ripple has not commented on the transactions at the time of writing.
Sources:
Ripple XRP escrow explained: monthly unlock guide (crypto.news)
Uphold XRP transfer analysis: custody move or whale exit? (Bitcoin.com News)
XRP price and market overview, September 2026 (crypto.news)

@quantnetwork and @SeiNetwork have emerged as the standout performers among crypto majors this week, posting weekly gains of approximately 59% and 52% respectively, according to data shared by @BSCNews.
QNT Surges on Institutional Catalyst
The move in $QNT is far from speculative noise. The rally followed a September 24 announcement that Quant had been selected by The Clearing House (TCH) to provide the interoperability layer for its On-Chain Money Initiative, aimed at developing a U.S. tokenized deposit network. Quant partnered with The Clearing House, which processes over $2 trillion in daily transaction volume, to serve as the interoperability framework for tokenized deposits, with the network launch targeted for the first half of 2027.
The U.S. selection also follows Quant's work on a separate British banking project. On September 24, six UK institutions completed live customer transactions through the Great British Tokenised Deposit initiative, which Quant supported alongside EY and Linklaters.
Quant's rally coincided with broader altcoin strength, helping it break above a long-term descending trendline, while trading volume surged 718%, providing additional technical confirmation of the move. The rally is also happening immediately before Sibos 2026, one of the world's largest banking and financial-infrastructure conferences, where Quant will attend the event in Miami from September 28 through October 1.
Broader Altcoin Strength Lifts the Field
$SEI also posted sharp weekly gains, with @SeiNetwork benefiting from a broader pickup in altcoin demand. Sei Network's price action is gaining fresh attention as the layer-1 chain stages a sharp turnaround after a rough multi-month stretch, with buying interest picking up across spot and derivatives markets alike.
$QNT and $SEI are closely followed by @ethena, @LayerZero_Core, and @SuiNetwork in terms of weekly performance. According to CoinGecko, the total crypto market value stood near $2.98 trillion on September 26.
As with any sharp short-term move, the key question is sustainability. From a technical perspective, the $100 to $103 area represents the next significant resistance zone for QNT. Traders will be watching whether the institutional narrative around Quant's tokenized deposit role continues to attract fresh capital, or whether the market takes a pause to consolidate the rapid gains.
Sources:
crypto.news: Quant, Ethena and Bitway lead weekly crypto gains
Coinpedia: Quant Price Explodes After Clearing House Deal
Finbold: QNT price analysis and institutional partnership context

A Seven-Chain Launch on the Horizon
The price move follows a major product announcement from @aeroxyz. Aero, a unified DeFi liquidity layer that will consolidate Aerodrome Finance and Velodrome Finance, has added Robinhood Chain and Arbitrum to its initial network lineup as the platform prepares to debut across seven networks on October 21. The launch is scheduled for 8 p.m. EDT on October 21, or midnight UTC on October 22.
Aero will go live on Base, Ethereum Mainnet, OP Mainnet, Arc, and Ink, alongside two major additions: Robinhood Chain and Arbitrum. Robinhood Chain brings Aero into a fast-growing ecosystem and new community of participants, while Arbitrum brings one of the deepest DeFi ecosystems in Ethereum. Developed by Dromos Labs, Aero is designed to support onchain and cross-chain swaps, governance-directed liquidity incentives, token-market bootstrapping, and liquidity for stablecoins, tokenized assets, and foreign exchange. The protocol's economic model promises to distribute 100% of exchange revenue to $AERO stakers.
Market and Volume Reaction
The announcement triggered a sharp response across trading metrics. $AERO's 24-hour trading volume rose 224%, while open interest climbed 56%, according to Coinalyze. Aerodrome's $AERO token jumped roughly 25% within 24 hours, topping the daily crypto price charts.
The broader strategic picture adds further context to the rally. Together, Aerodrome and Velodrome currently handle 17% of EVM trading volume, and the team expects Aero's launch to triple that figure. Aerodrome and Velodrome tokens will also be merged into a single Aero token. The protocol ran a public audit contest that closed with zero major issues identified, adding a layer of security confidence ahead of the October 21 go-live date.
Sources
Crypto Briefing: DeFi protocol Aero set to launch on Oct. 21 across seven chains
Aero Official: Launch Update - All Systems Go
AMBCrypto: Aero goes live October 21 across 7 chains

@Zcash's $ZEC token stands out this week, but not in the way most traders would expect. While the broader crypto market has largely pushed higher, $ZEC is sitting among a small group of major tokens to post negative price action over the seven-day period, slipping roughly 2%.
On its face, a weekly decline might raise eyebrows. In context, it is barely worth mentioning.
A Small Dip After a Historic Run
$ZEC has surged approximately 96% over the past month alone, and an extraordinary 2,707% over the past year. A 2% weekly pullback does nothing to undercut that trajectory. As of late September 2026, ZEC carries a total market cap of around $26 billion, with a live price near $1,543, supported by a 24-hour trading volume of $1.23 billion.
The token's year-long rally has been driven by a combination of structural and macro factors. A historic halving, accumulation by large players, a regulatory breakthrough, and an ETF filing application, which would be the first of its kind for a privacy coin, have all fuelled intense interest in Zcash. Zcash's November 2024 halving reduced its yearly inflation rate from approximately 4% to 2%, tightening the supply picture considerably.
What Makes Zcash Different
For those less familiar with the project, Zcash is not a typical cryptocurrency. It is built to provide optional, mathematically strong financial privacy on a public blockchain, with its core purpose being to enable private transactions where sender, receiver, and amount can be fully shielded, powered by advanced cryptography called zk-SNARKs.
Like Bitcoin, ZEC has a capped supply of 21 million coins, with periodic halvings that reduce new issuance. Zcash remains one of the few large-cap chains that takes base-layer financial privacy seriously while keeping its consensus design simple: proof-of-work, miner-secured, with no staking yield required.
The near-term question is whether the current week's mild softness represents a genuine pause after a parabolic run, or simply noise in an otherwise dominant uptrend. Given the scale of $ZEC's gains over the past year, most observers would likely lean toward the latter.
Sources:
Bybit: Zcash (ZEC) Live Price and Market Cap
CoinMarketCap: Zcash (ZEC) Overview
Bitcoin Foundation: Zcash Price Prediction 2026

TRON DAO announced on September 24, 2026 that total transaction volume settled on the TRON blockchain has surpassed $30 trillion, a figure reached roughly eight years after the network's MainNet launch. The milestone was driven by the network's high throughput, low costs, and deep liquidity, positioning @trondao as the settlement layer of choice for stablecoin transfers and digital asset activity worldwide.
Network Scale at a Glance
The numbers behind the milestone are substantial. TRON has now recorded more than 405 million total user accounts, over 15 billion total transactions, and more than $28 billion in total value locked (TVL). The network currently carries more than $94 billion in circulating USDT, the largest supply of any blockchain. On the stablecoin front, Token Terminal data cited in the announcement shows TRON leading all networks in year-to-date USDT transfer volume, with approximately $6 trillion moved and an average of $25 billion in daily transfers. @justinsuntron, founder of @trondao, framed the milestone in practical terms, saying the volume represents real users relying on stablecoins for payments, savings, and everyday transactions.
Institutional Momentum Builds
The $30 trillion announcement comes alongside a broader expansion of TRON's institutional profile. Canary Capital launched its Staked $TRX ETF in September 2026, while Anchorage Digital added native TRX staking and custody support for TRC-20 assets. TRON also became one of the top protocols represented in the S&P Pantera Digital Asset Index, a sign that the network is gaining traction in regulated investment circles. Together, these developments suggest TRON's growth is no longer driven purely by retail stablecoin flows, but is increasingly tied to institutional demand for on-chain dollar settlement.
Sources:
TRON DAO Official Announcement via GlobeNewswire
CoinTelegraph: TRON Surpasses $30T in Total Transaction Volume
Cryptometer: TRON Surpasses $30 Trillion as Stablecoin Activity Expands

@cz_binance is deepening his role as an informal ambassador for crypto adoption, and his sights now appear to be set on West Africa. The @Binance founder recently shared an image of himself alongside Sierra Leone's President, Julius Maada Bio, fuelling speculation about an impending announcement involving the country and the wider African continent.
Binance founder Changpeng Zhao met Sierra Leone President Julius Maada Bio, in what observers see as part of the exchange's continued effort to deepen relationships with governments across Africa. Zhao noted on X that it was a pleasure meeting Bio and that "crypto adoption continues," without disclosing further details.
A Pattern of Political Engagement
The Sierra Leone meeting fits a well-established pattern. In 2025, CZ was appointed as an adviser to Kyrgyzstan's President Sadyr Japarov on digital assets, and under that cooperation, the national stablecoin KGST, pegged to the Kyrgyz som, was launched on the $BNB Chain. CZ also proposed Bitcoin ($BTC) and BNB ($BNB) as the first digital assets to anchor Kyrgyzstan's national crypto reserves, publicly advising the country to start with those two assets when building its reserve position.
CZ visited Bishkek, met President Japarov, and joined Kyrgyzstan's National Council on Blockchain and Virtual Assets as a member, while Binance expanded its Binance Academy, localized its app in Kyrgyz, and held a meetup in Bishkek attended by more than 1,000 people. The scale and depth of that engagement sets a clear template for what a similar arrangement in Sierra Leone could look like.
Africa as a Strategic Priority
The Sierra Leone encounter is the latest in a long-running Binance push across Africa that has increasingly combined consumer access with engagement with political leaders, policymakers, regulators, and local financial infrastructure, a strategy that dates back years.
The meeting comes as Sierra Leone focuses on economic development, private-sector growth, and closing financing gaps under its current national development plan. President Bio also serves as Coordinator of the African Union Committee of Ten Heads of State for UN Security Council reform, and Sierra Leone holds seats on the AU Peace and Security Council and the UN Economic and Social Council. That profile makes a potential crypto or blockchain partnership with Binance potentially significant beyond Sierra Leone's borders.
No formal agreement has been announced. But given CZ's track record of converting diplomatic meetings into concrete national-level blockchain initiatives, the crypto community is watching closely for what comes next.
Sources:
BitKE: Binance Founder Meets Sierra Leone President as Exchange Deepens Africa Push
CoinTelegraph: Binance co-founder CZ proposes Bitcoin, BNB for Kyrgyzstan reserves
The Diplomat: Welcome to Cryptostan, Kyrgyzstan and the Emerging Crypto Corridor

@Ripple's $RLUSD stablecoin hit a new all-time high market cap of nearly $2.5 billion on September 22, the latest milestone for a token that has grown from roughly $132 million less than two years ago to become one of the fastest-expanding regulated stablecoins in the market.
RLUSD Sets a New Record
The jump to nearly $2.5 billion in market cap follows a sustained run of supply growth. CoinMarketCap data places $RLUSD's circulating supply at approximately 2.49 billion tokens, up from the $2 billion milestone Ripple reported in late August 2026. Because the token trades near $1, the rise in market value reflects new tokens entering circulation rather than any price appreciation.
$RLUSD is issued across multiple networks, with supply split between the $XRP Ledger and Ethereum. The speed of scaling, from near-zero at launch in December 2024 to over $2.5 billion, positions $RLUSD as one of the faster-growing regulated stablecoins under New York Department of Financial Services oversight.
XRP Ledger Stablecoin Supply Climbs 6%
The broader $XRP Ledger stablecoin market is also expanding. According to DefiLlama data, the XRP Ledger's tracked stablecoin market capitalization reached approximately $1.159 billion on September 25, rising $67.12 million, or 6.15%, over seven days. On a 30-day basis, the increase is closer to 11%.
$RLUSD is the dominant force behind those numbers, accounting for approximately $1.067 billion and representing 92.1% of the network's stablecoin market. Its 11.55% monthly growth outpaced the broader ledger's 9.8% increase over the same period.
The figures underline $RLUSD's consolidation as the primary dollar liquidity layer on the XRP Ledger, even as its total supply across all chains continues to set new records.
Sources:
Crypto News: Ripple's RLUSD supply nears $2.5B as XRPL stablecoins climb 6%
The Crypto Basic: XRP Ledger Stablecoin Market Grows $67M in a Week
DefiLlama: XRPL Stablecoin Market Cap and Supply

@plumenetwork's RWA vaults have recorded a TVL increase of roughly 101% over the past month, pushing the total to approximately $219M, according to data shared by @BSCNews. The milestone underscores growing institutional and retail interest in the $PLUME ecosystem as a home for tokenized real-world assets.
Plume Vaults Attract Institutional Capital
The vault growth has been driven in part by high-profile institutional allocations. Ether.fi committed $100 million to a new RWA vault on Plume, a move that placed licensed yield and redemption mechanics ahead of headline TVL figures, with the allocation positioned as exclusive to the Plume vault. Separately, Bybit added nOPAL to its RWA Earn platform, an on-chain credit product built on Brazilian credit card receivables and structured as a vault on Plume's platform. The product carried over $70 million in TVL and a roughly 12% 30-day rolling yield as of August 2026.
A Purpose-Built RWA Chain
Plume Network is the first full-stack L1 RWA chain and ecosystem purpose-built for RWAfi, enabling the rapid adoption and demand-driven integration of real-world assets. The network features over 180 apps and protocols within its ecosystem. On the regulatory front, Plume received in-principle approval for a Class M Digital Asset Business Licence from the Bermuda Monetary Authority, further establishing it as a compliant infrastructure layer for institutional asset issuance and distribution.
The latest TVL figures reinforce the $PLUME ecosystem's positioning as one of the more active venues for tokenized real-world assets. Whether the pace of growth holds will depend on continued institutional appetite and broader adoption of on-chain RWA products.
Sources:
Plume Network: Q2 2026 Update (Official Blog)
Crypto Daily: Ether.fi's $100M Plume Vault
CoinMarketCap: Latest Plume News and Updates

The five spot $XRP exchange-traded funds tracked by @BSCNews have posted multi-million dollar net inflows for three consecutive days, bringing the week's total gains to $53 million. Total assets under management across the funds have climbed to around $1.7 billion, representing approximately 1.8% of XRP's circulating supply.
A Rapid Build in Institutional Capital
The milestone sits within a broader story of accelerating institutional interest in regulated XRP products. Canary Capital's XRPC became the first spot XRP ETF structured under the Securities Act of 1933 to begin trading on Nasdaq on November 13, 2025. Additional products quickly followed, including offerings from Bitwise, Grayscale, Franklin Templeton, 21Shares, and REX-Osprey.
XRP ETFs recorded no net outflow days during their first month of trading, with cumulative inflows surpassing $1 billion by mid-December 2025. By early March 2026, cumulative inflows had grown to over $1.50 billion, with five spot XRP ETFs trading in the U.S. and over 769 million XRP tokens locked across their combined custody arrangements.
The current week's $53 million in net inflows continues a pattern of steady institutional demand. Bitwise XRP ETF has led recent daily flow tallies, with Franklin XRP ETF also posting significant contributions, bringing Franklin's historical net inflows to $492 million.
Persistence Through Volatility
That kind of flow persistence, inflows holding steady even as XRP's price experienced volatility, is a signal worth paying attention to. It suggests institutions are making considered allocation decisions, not chasing short-term momentum.
ARK Invest has also allocated nearly 20% of its CoinDesk 20 ETF to XRP, making it the third-largest holding. The broader regulatory backdrop has helped. The situation changed dramatically after Ripple secured a series of court victories, culminating in the SEC dropping its appeal during 2025, an outcome now widely viewed as one of the most important regulatory turning points in cryptocurrency history.
JPMorgan has forecast $4 to $8.4 billion in first-year inflows for XRP ETFs, a target that has not yet been tested by a full bull cycle. With AUM already at $1.7 billion and weekly inflows continuing to build, the XRP ETF category is proving it has staying power well beyond its initial launch momentum.
Sources:
Ripple: XRP ETFs, The Institutional Era Has Begun
Phemex: XRP Spot ETFs See $18M Daily Inflows Led by Bitwise
Yahoo Finance: XRP ETFs Hit a New 2026 Record at $1.6 Billion

Most layer-1 blockchains arrive with a familiar playbook: a private funding round, a token allocation for insiders, and a community that is already on the back foot before the mainnet is live. @BSCNews Kaspa ($KAS) did none of that.
A Truly Fair Launch
Kaspa launched in November 2021 with no premine, no ICO, and no venture capital allocation. Every $KAS token in circulation has entered the market through open proof-of-work mining. As CoinMarketCap notes, its launch was intentionally fair, with no allocated tokens for founders or investors, mirroring Bitcoin's early ethos.
That decision had practical consequences. Because Kaspa launched with no pre-mine or pre-sale, there was no initial budget or centralized authority with funding reserves. The community had no choice but to implement a crowdfunding model, which has become the bedrock of Kaspa's funding infrastructure. Development has since been sustained through community donations and grants rather than a corporate treasury.
Kaspa's decision to forgo VC money was not just ideological. Without early investors dictating the terms, development stayed focused on building a decentralized network for the long haul, not on delivering returns to a select few. The absence of a large investor bloc also removes the threat of coordinated sell pressure, a dynamic that has weighed on token prices across many well-funded competitors.
The Architecture Behind It
Beyond its funding model, Kaspa's technical design sets it apart. Kaspa uses a blockDAG structure powered by GHOSTDAG, a protocol developed by researchers at the Hebrew University of Jerusalem. It enables the network to incorporate multiple blocks per second by organizing them into a directed acyclic graph rather than a linear chain, allowing higher block frequency and parallelism while maintaining consensus.
This design solves the orphan block problem common in fast blockchains, meaning no miner's work is wasted. The result is high throughput and rapid, probabilistic transaction finality, with the network currently targeting 10 blocks per second. That is a meaningful figure for a proof-of-work chain, a consensus model that critics have often dismissed as too slow to compete with newer alternatives.
Kaspa's Toccata hard fork, activated on June 30, 2026, introduced foundational programmability to its base layer, broadening the network's utility beyond pure peer-to-peer payments and signalling that development has continued well beyond its early fair-launch roots.
Whether the model scales as the ecosystem grows remains an open question, but Kaspa's track record of shipping upgrades without a VC treasury to draw on is, at minimum, unusual in a market that has largely normalized investor-heavy token launches.
Sources:
Kaspa.org: Official Project Overview
Forbes: Kaspa, the Israeli Answer to Scaling Bitcoin
CoinMarketCap: What Is Kaspa (KAS) and How Does It Work?

The spot Zcash ETF market has gone quiet. After a strong run of inflows since launch, the recently debuted $ZEC products have now logged two consecutive days of zero activity, according to @BSCNews. Despite the lull, the funds remain firmly in positive territory for September, still up $284M on the month.
A Strong Start That Has Stalled
The Grayscale Zcash ETF (ticker: ZCSH) launched on NYSE Arca on August 25, 2026, becoming the first exchange-traded product in the world to offer spot exposure to $ZEC. The fund hit the ground running, crossing $500 million in assets under management within two weeks of its debut. That milestone coincided with a $100 million investment from Digital Currency Group, which contributed 85,705 ZEC tokens in exchange for ZCSH shares.
The momentum carried well into September. On September 18, the Grayscale Zcash ETF recorded $270 million in inflows, marking its 16th consecutive day of positive flows. By that point, the product had established itself as a significant force among altcoin ETFs, having launched into a market already showing strong institutional appetite for privacy-focused digital assets.
The Cold Spell and What It Means
The two-day halt in activity marks a notable reversal after eight straight days of substantial multi-million dollar inflows. While the cause of the pause is unclear, it arrives alongside a broader corporate update from Grayscale. The firm announced a 3-for-1 forward share split for ZCSH, with shareholders of record on September 28 set to receive two additional shares for each one held and split-adjusted trading beginning September 30. The split does not change the fund's underlying value but is designed to lower the per-share price barrier and attract a wider pool of investors.
A brief lull in flows is not uncommon for newly launched ETFs as early buyers consolidate positions and the market reassesses entry points. With September inflows still sitting at $284M, the broader picture for $ZEC ETFs remains strong, even if the short-term momentum has cooled.
Sources:
GlobeNewswire: The Zcash ETF (ZCSH) Begins Trading on NYSE Arca
SEC Filing: Grayscale Zcash ETF AUM Grows to More Than $500 Million (September 8, 2026)

ETF Inflows Pick Up as Sentiment Shifts
Something may be stirring in the @Litecoin market. On September 24, Canary Capital's spot Litecoin ETF (Nasdaq: LTCC) recorded a daily inflow of $1.73 million, marking the first seven-figure daily inflow the product has seen since January. The timing is notable, arriving as broader momentum around the @Litecoin ecosystem appears to be building.
LTCC is the first and only U.S. spot Litecoin ETF. Launched on Nasdaq in late October 2025 after receiving SEC approval, the fund holds physical LTC and tracks the CoinDesk Litecoin Price Index. The product has had a modest run since launch, but the September 24 inflow suggests renewed appetite from investors. That momentum carried into September 25, with total U.S. spot Litecoin ETF reserves hitting a record 175,000 LTC, driven by a 39,000 LTC inflow into LTCC, according to analytics data cited by KuCoin.
LitecoinVM Adds a New Layer of Utility
The renewed investor interest does not exist in a vacuum. The @Litecoin ecosystem has seen meaningful technical development in 2026, with @LitecoinVM at the center of it. LitVM is Litecoin's first EVM-compatible Layer-2 rollup, built to bring smart contracts, DeFi, and real-world asset tokenization to Litecoin without altering its base chain. The project is backed by the Litecoin Foundation and Litecoin creator Charlie Lee, who joined as an advisor and investor in March 2026.
LitVM's testnet, called LiteForge, launched in April 2026 and has processed over 75 million transactions. The Layer 2 is built using Polygon's Chain Development Kit and BitcoinOS technology, and aims to give Ethereum-familiar developers a path to build on Litecoin with minimal friction. Planned use cases include LTC-backed real-world assets, decentralized finance applications, and cross-chain liquidity.
Whether the ETF inflow is a one-off or the start of a more sustained trend remains to be seen. But the combination of fresh institutional interest and genuine ecosystem development gives the Litecoin bull case more substance than it has had in some time.
Sources:
Canary Capital: Canary Litecoin ETF (LTCC) Launch Announcement
KuCoin: Litecoin ETF Holdings Reach Record High
CoinMarketCap: Latest Litecoin Updates

From Apple's Compiler Labs to Crypto's Frontier
Before co-founding one of the most talked-about layer-1 blockchains in crypto, @EvanWeb3 spent close to a decade inside Apple. He joined Apple in 2005 and rose to become a senior manager leading the LLVM backend team, overseeing static and runtime compilation for CPUs and GPUs, Swift performance, and hardware architecture explorations. LLVM, short for Low-Level Virtual Machine, is the compiler toolkit that translates application code into instructions a chip can execute. In 2012, Cheng received the prestigious ACM Software System Award, one of computing's most respected honors, recognising his contributions to LLVM alongside the project's original founders.
After Apple, Cheng moved to Meta, where he led Novi Research, the team developing cutting-edge blockchain technologies including the Diem blockchain and the Move programming language. After Diem was shelved, key engineers left Meta to build Sui using the Move programming language, originally developed at Meta.
Building Mysten Labs and the Sui Network
Mysten Labs was founded in late 2021 by five senior engineers from Meta's Diem project: Evan Cheng, Adeniyi Abiodun, Sam Blackshear, George Danezis, and Kostas Chalkias. They took the lessons and the Move language they had developed at Meta and built a permissionless public blockchain around them. Cheng serves as CEO of @Mysten_Labs to this day.
The @SuiNetwork protocol uses a modified version of the Move programming language initially created at Meta before it decided to wind down its Diem project. Sui's mainnet launched on May 3, 2023, marking the point at which the protocol became a live, publicly accessible blockchain network. Since then, the chain has gained significant traction. Cheng leveraged lessons from the ill-fated Diem project to create a layer-1 blockchain that is not only faster and cheaper but fundamentally different in design.
Sui has been backed by top-tier venture capital firms including a16z, Binance Labs, and Jump Crypto, which has added to the project's credibility and helped drive initial ecosystem growth. By September 2022, Mysten Labs had closed a $300 million Series B round and reached a $2 billion valuation.
Cheng's path from compiler engineering at Apple to founding a major blockchain network reflects a broader pattern in crypto: deep systems-level expertise, built over decades in traditional tech, being redirected toward decentralised infrastructure. For @SuiNetwork and its $SUI token, that pedigree remains a core part of its story.
Sources:
CoinDesk: Evan Cheng, The Architect of Sui's Object-Oriented Revolution
Sygnum Bank: Sui Primer
Decrypt: Sui Token and Network Launch

The @SECGov's Division of Corporation Finance published a new set of frequently asked questions on September 25, expanding on the Commission's March interpretive release on how federal securities laws apply to crypto assets. The guidance does not carry the force of law and has not been approved or disapproved by the Commission. The FAQs do not alter applicable law or create new obligations.
Staking Receipt Tokens: Receipts, Not Securities
Staff said some staking receipt tokens may qualify as digital tools rather than securities, serving as receipts that prove ownership of an underlying digital commodity. In some instances, a staking receipt token can also be a digital commodity. Staking tokens issued by a protocol-based liquid staking provider can be classified as a digital commodity if they are tied to the programmatic activity of a functional cryptographic system and derive their value from supply and demand dynamics.
Token Buybacks: Context Is Everything
The Division of Corporation Finance said that announcing a buyback program for an already functioning crypto network would not, by itself, make the associated token subject to an investment contract. However, this would not necessarily apply to a network that is not yet functional where issuers are pitching the buyback as a source of returns for its holders.
The framing used by a project matters too. Staff said a buyback announcement could constitute such a representation if the issuer presents the program as creating yield or a return for token holders. That is a useful warning for crypto teams tempted to borrow the language of public-company capital returns. Describing a token repurchase as treasury management, supply reduction, or a protocol-funded burn carries a very different implication from pitching it as investor yield.
The FAQs also addressed ongoing development and marketing. Merely encouraging an existing utility would not, in general, constitute a commitment to management. General statements about future features may also fall outside that standard. However, the outcome may differ when promotions directly link planned issuer activities to expected investor profits.
The FAQs also address the role of trading platforms that provide secondary markets for crypto assets. Staff said a trading platform would be considered a promoter only if it meets the definition of promoter under Securities Act Rule 405, and does not treat every secondary-market platform as an issuer or promoter simply because it facilitates trading in a crypto asset.
The guidance drew immediate praise from parts of the crypto industry. Uniswap founder @haydenzadams called the answers "bangers." The FAQs clarify how the agency's March interpretation of federal securities laws applies to crypto assets, including functional networks, staking receipt tokens, and representations that could create an investment contract.
Sources:
SEC.gov: FAQs on Crypto Assets, Division of Corporation Finance
The Block: SEC crypto FAQ addresses token buybacks, network upgrades and promises of profit
The Crypto Times: SEC Staff Clarifies Crypto Investment Contract Rules in New FAQs

@CoinMarketCap has acquired @coinglass_com, the derivatives data platform widely used by traders to monitor open interest, funding rates, liquidations, and options across major exchanges. The transaction has been completed, though financial terms were not disclosed.
What CoinGlass Brings to the Table
Founded in 2019, CoinGlass tracks 28 exchanges and over 2,500 products, and serves 5 million monthly users along with more than 10,000 API clients. Derivatives account for the majority of crypto trading volume, making CoinGlass a go-to resource for active traders trying to read market structure and positioning.
The acquisition gives CoinMarketCap users deeper visibility into leveraged positioning and market risk, combining price tracking with derivatives analytics as futures increasingly influence short-term crypto volatility.
Business as Usual for CoinGlass Users
CoinGlass confirmed it will continue to operate as an independent business under the CoinGlass brand. Its website, app, free tools, API, and pricing will remain unchanged. For the platform's 10,000 API customers, that continuity likely matters as much as the ownership change itself.
The integration is set to bring derivatives analysis to CoinMarketCap's 115 million users, covering leverage positions, liquidation distribution, and funding rates. The deal also expands CoinMarketCap beyond its traditional role as a price, market-cap, and exchange-ranking destination, with CoinGlass bringing a specialized derivatives audience and tools designed for active traders.
CoinMarketCap itself has operated under Binance's ownership since April 2020, when the exchange acquired the price-tracking site.
Sources:
CoinMarketCap Official Announcement
GlobeNewswire Press Release
The Crypto Times Coverage

Hester Peirce, the SEC commissioner nicknamed "Crypto Mom" for her outsized influence on U.S. digital asset policy, has made her exit official, with her resignation taking effect on October 2, 2026.
Peirce formally submitted her resignation to the White House, sharing a photo of her resignation letter with the message, "T minus 7," signalling a one-week countdown to her departure from the agency.
Nearly Nine Years at the SEC
Peirce had served as an SEC commissioner since January 2018, with her term originally set to expire in 2025. SEC rules permitted an 18-month extension that pushed her actual departure into 2026. Most recently, she led the SEC's Crypto Task Force, launched in January 2025, to shift the agency toward clearer frameworks for digital assets. She had been nicknamed "Crypto Mom" by the industry for her dissents against Biden-era enforcement actions on digital asset companies.
In her resignation, Peirce expressed confidence that "under the excellent leadership of Chairman Paul Atkins and Commissioner Mark Uyeda, the talented men and women of the Securities and Exchange Commission will continue to achieve that balance."
A Leaner Commission Ahead
As of mid-September 2026, the SEC listed only three sitting commissioners: Chairman Paul Atkins, Peirce, and Mark Uyeda. Her exit leaves just two. An SEC rule adopted in 1995 permits the commission to conduct business with fewer than three commissioners, but a two-person body would test that provision in ways that have no modern precedent, and could complicate rulemaking, enforcement actions, and other key functions. The White House has not announced a nominee to replace Peirce on the commission.
Regent University School of Law announced in May 2026 that it would welcome Peirce as an associate professor, where she will teach securities regulation, financial markets, digital assets, and public policy.
Sources:
American Banker: SEC Commissioner Peirce to leave agency
Regent University: Regent Law Welcomes Hester M. Peirce to Faculty
InvestmentNews: SEC loses Hester Peirce, deepening a commissioner crisis