The Ethereum L2 that once held $2.3B+ in TVL says it now costs more to run than it earns. Users are being told to move funds back to Ethereum before October 26. ⏳
Meanwhile, revenue protocols with buybacks are leading the alt board this week.
Lesson for this cycle: hype gets TVL, revenue keeps it. 💡
Still have funds bridged to Blast? And which L2 do you think survives the next shakeout? 👇
Hyperliquid received its first $14.58M payment from USDC sitting on the exchange, money it can now use to buy back HYPE. At current size, that works out to roughly $193M a year. HYPE is up ~3% today near $93.
Revenue-backed buybacks are becoming the hottest narrative this Uptober, and HYPE is leading the pack.
Is this the start of a real "crypto dividend" era, or just another hype cycle? 👇
🗽 Wall Street is moving on-chain — for real this time.
OKXICE, the joint venture between OKX and NYSE parent ICE, has notified the SEC it plans to launch a tokenized US stock trading venue under the new innovation exemption.
📊 60+ US-listed names proposed, including Nvidia, Apple, Tesla, Coinbase, Circle and SpaceX ⛓️ Permissioned, on-chain trading on X Layer 🏢 Issuers get 30 days to opt out
$BTC traders, $ETH builders: would you trade tokenized $NVDA on-chain, or stick with your broker? 👇
🔹 Tue Oct 6: Ethereum Glamsterdam goes live on Sepolia testnet 🔹 Wed Oct 7: Fed releases September FOMC minutes 🔹 Oct 7–8: TOKEN2049 Singapore 🔹 Thu Oct 8: Evernorth (XRPN) debuts on Nasdaq 🔹 Wed Oct 14: US September CPI
Since Oct 1, 90+ banks and credit unions in North Dakota move money with Roughrider Coin, a dollar stablecoin settling on Solana, via Fiserv & the Bank of North Dakota.
Settlement in ~400ms. ⚡
Yet $SOL is still ranging around $120.
Will real-world adoption eventually show up on the chart? 🤔👇
~1.5M ETH is waiting to ENTER staking — roughly a 25-day wait. Meanwhile ~786K ETH sits in the exit queue after MetaMask pulled validators following a security incident (MetaMask says no wallets or customer funds were affected).
Lido expects most of that ETH to come back into staking over the coming weeks.
World Liberty Financialがマール・ア・ラゴで開催するWorld Liberty Forumは、伝統的な金融のリーダーと公的責任者を集めます。この招待制のイベントは、伝統的な金融とデジタル資産の間の収束を促進することを目的としており、関連するトークン(WLFI)への関心の高まりをすでに引き起こしています。 何が起こったのか(重要な事実) • 出席者の構成:この会議には、投資銀行の代表や市場オペレーターを含む大手金融機関のCEOや上級幹部が出席します。